Low-budget pirate movie, sea monster, vessel

[wositelec]

It is movie from 90's or 2000's, perhaps German. I remember "strong" colours and I remember only foggy scene: main villain (probably pirate) hangs fragment of boat or ship, because vessel was destroyed. He shouts: "I am still alive!". Other pirates are dead. Then, sea monster attacks and kill main villain and he pulled him in the water. It is very quick scene and one from final scenes.

I think that it was battle between a family and pirates.

I checked and rejected:
Pirates (1986)
The Adventures of Baron Munchausen (1988)
Shipwrecked (1990)
Matusalem (1993)
Cutthroat Island (1995)

[wositelec]

Any idea?

It was German adventure movie, probably.