An act of vandalism could have resulted in the loss of a $350,000 catamaran in the Whanganui River yesterday but for the timely intervention of the Wanganui Coastguard.
The 12m Fatcat was let loose from its moorings at the city marina late last night in what owner Owen Rush called an "act of mindless vandalism".
The catamaran, powered by twin outboard motors, was recovered about 2km downstream around mid-morning yesterday by the Coastguard rescue vessel.
Mr Rush, a retired contractor from Feilding, had his boat tied up at the marina by 11am yesterday but not before an anxious wait for the Coastguard to catch up with his boat in the river opposite the Imlay meat works.
He drove over from Feilding after getting a call from Coastguard earlier yesterday.