At this point in time, Asylum movies are among the worst in all of creation. You don't get to be this bad without effort.
Anyone watching this movie in the hopes that it will be anything more than a cheap sucker-punch at the classic novel Moby Dick will be disappointed in the worst way. If you were expecting a remotely plausible story with reasonably capable actors and even some worthwhile special effects, then you should have never watched a movie made by Asylum. You are very behind on the times if you don't know that Asylum doesn't do that sort of thing.
It is soul-crushingly bad. It's like watching despair. So much so that I'm beginning to suspect that they are doing it on purpose. Nothing else could possibly explain how they can relentlessly churn out terrible movie after terrible movie, with absolutely no shame. I'm truly starting to believe that Asylum is in fact dedicated to the less-than-noble cause of making their mark as the worst movie making company in history. All of the things that a good movie needs will never be found in an Asylum motion picture. They need a trophy for epic failure in movie making.
But it's not all bad. Asylum is definitely good at one thing: Making movies so bad that they mysteriously 180-themselves into something good. This movie didn't really succeed at that, but it did have some very entertaining moments. The "special effects" are notably radical; certain scenes with the whale literally caused me to slip out of my chair laughing, and the look on the doctor's face nearly caused me to have a stroke (watch it and you'll see what I mean). For that reason alone I'm giving the movie a 2 instead of a 1.