A retired businessman notices that there has been a rash of ships and planes disappearing off the Florida coast, and he starts to investigate.

The staff and vacationers at a first-class resort on the island of Maui are beginning to mysteriously disappear. A biologist believes that an underwater earthquake has caused a giant and very hungry dormant prehistoric fish to be released from its slumber. The fish voraciously helps itself to a tourist buffet. Now it is open season for the local fishermen to find and kill the creature.