They sure loved their aquatic Sci-Fi/horror tales at the end of the 80s! In less than two years, no less than six similarly themed movies were unleashed upon cult-loving audiences. Of course, of all those, only James Cameron's "The Abyss" is a REALLY good film, and the other five vary from mediocre to abysmal. "Deepstar Six" and "The Rift" are titles I proudly rank among my guilty pleasures, but together with the horrendous "Lords of the Deep", this "The Evil Below" is the worst of the worst.
It's an indescribably tedious and uninteresting story of a hermit boat captain in the Caribbean teaming up with a mysterious woman to search for a sunken 17th century Spanish galleon named El Diablo. The ship supposedly still hides great treasures, but it's protected by supernatural forces and whoever tries to enter it unleashes a curse. Or something like that, at least, I must admit I wasn't paying attention the whole time. This is clearly more of an adventure flick than a horror movie, and it's even worse if they are boring. None of the characters, good or villainous, are worth mentioning and even the underwater footage isn't the least bit remarkable.