Into the Blue 2: The Reef

Sebastian (Chris Carmack) and Dani (Laura Vandervoort) run a dive boat in Hawaii. Unreliable Mace (Michael Graziadei) and his long-suffering girlfriend Kimi (Mircea Monroe) are their best friends. They are hired by Carlton (David Anders) and Azra (Marsha Thomason) to look for the legendary wreck of San Cristobal.

I kinda like the treasure hunt and then a bikini volleyball game breaks out. At that point, it becomes a battle between all the B-movie aspects that the movie insists on adding, and the thrilling story of the underwater search. I actually like the treasure hunt. David Anders is a good villain. In the end, the B-movie stuff does overwhelm.