The superlative suggests that Otto printed this image on contract for the ship's owners.
On August 26, 1914, the S.S. Princess Victoria collided with the S.S. Admiral Sampson, which sank, killing seven passengers and nine crew members. The S.S. Princess Victoria limped into port with a gash in its bow.
A copy of this image was printed by the Pacific Novelty Company of San Francisco:
We do not know if the copy was authorized.