According to Team BlackSheep, who created this video:
This video was shot at the location of a tragic accident. It is not our interest to gain attention on the backs of those who have lost loved ones. This video is supposed to be a showcase for possible UAV applications. Our goal is to display the stranded ship in a never-before seen way. Our thoughts and prayers go out to those who drowned on this day and we are hoping for a swift removal to reveal again the underlying beauty of Giglio Island, Italy.
Indeed, the video doesn’t seem particularly voyeuristic, but shows how close you can get with small, lightweight camera rigs that don’t risk human life and have a low potential of causing any damage. [Thanks TelstarLogistic!]