This ship isn't sinking. It's "Love, Love" by Julien Berthier, a boat that's been modified to appear as though it's capsizing. The ship was originally a 6.5 meter yacht that was sliced in half and outfitted with a new keel which keeps it upright at all times. Apparently it's actually seaworthy, and he has toured it around Europe. Watch the video of it in action after more. Berthier writes:
"Love-love is the permanent and mobile image of a wrecked ship that has become a functional and safe leisure object."