A completely new kind of UFO sighting, an unidentified floating object, was caught on tape in the Baltic Sea off the coast of Sweden. What is it?

The object, apparently under its own power and traveling swiftly just above the surface, was filmed by a group of surprised and confounded Swedes out for a leisurely boat ride. The video below is from a Swedish news report detailing the incident. Although it is in the Swedish language, it's fairly obvious what is being said.

A rough translation into English is provided, with military officials speculating, sight unseen, that the object might be a submarine. It's not.

To read more and view the video, click here.