Not a horrible movie, just not a really good one. The storyline is just like "Event Horizon"; ship disappears, reappears years later, is basically haunted, kills a bunch of people, and disappears again leaving only a couple survivors behind. The set design was good, the CGI was OK for low budget, and the acting was alright but a bit overdone. A few elements from "Ghost Ship" were in there. There were a few unanswered questions and a few plot holes. It was pretty predictable on what was going to happen through most of the movie. The ending was alright, kinda creepy, but left you expecting more.
All in all, if it's late at night and nothing else is on it's a decent time filler.
All in all, if it's late at night and nothing else is on it's a decent time filler.