The Black Whale III sets sail into the Bermuda Triangle, carrying the Marvin family on a hopeful quest to locate the rumored remains of Atlantis. A mysterious Diabolical Doll drifts into their wake, and Diana Marvin—the family's youngest daughter—claims it as her own. The doll seems to exert a strange pull over the ship, and Diana begins speaking in a cold, calculating voice, warning that everyone aboard will die and revealing the order of the fates. In a chilling moment, she traps the ship's cook Simon in the freezer, a danger swiftly averted but deeply unsettling for everyone on board.
One night, the vessel glides toward a Fresnel lens signal—an SOS that never appears on the radar. The crew chooses to abandon the fruitless search when the signal is revealed to belong to a ship long lost to the sea.
Upon reaching their destination, the crew suits up for underwater exploration of ancient ruins. A submarine earthquake rattles the site and cripples the legs of Michelle, the family's eldest daughter. The plan shifts toward seeking help from the island of Bimini, but a fierce storm battering the ship tears at the hull, damages the engines and helm, and throws everything into chaos. In the maelstrom, Simon dies in an apparent accident, a blow that echoes the doll’s ominous energy.
With supplies dwindling and Michelle in urgent need of medical attention, the ship's mate Alan teams up with Dave, Michelle's brother, to ride out in a motorboat toward Bimini. The voyage proves traumatic, and Michelle dies along the way, leaving the boat to drift and vanish into the endless sea. Meanwhile, Sybil, Diana's aunt, vanishes as if swallowed by the same shadowy force that haunts the voyage, suggesting the doll's influence reaches far beyond a single family.
Back aboard the Black Whale III, the captain Captain Mark Briggs keeps the radio line open, hoping for aid as distress calls from other ships—almost like echoes—filter through. When a contact is finally made with Bimini, the radar operator questions the tale: the Black Whale III supposedly disappeared twelve years earlier with a Marvin family aboard. The final moment leaves a grim, unresolved note as the ship itself seems to fade from sight, and the eerie Diabolical Doll remains floating in the water, a haunting symbol of the mystery that clings to the sea.