Saddam Hussein's yacht

I accidentally found this while searching for yacht pics: http://www.pbase.com/jef3fowler/saddamh&page=1

The photos are taken by someone who claims to have repaired Saddam Hussein's Yacht QADISSIYAT SADDAM MV in Helsingor, Denmark in 1981.
The photos are rather badly taken, which suites the bad dictators bad looking yacht. Was it this yacht that later was sunken by US bombs?

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