AFAIK the bigger issue is that the boats are grounded so violently when the water recedes that the hulls get destroyed before they even have a chance.
This tends to be why they put everything they have into getting further out to sea the moment a warning is issued.
Longer & significantly less edited video from the above's cited source: https://youtu.be/-VcWF8dIDj4. There is a comment with the translations of what's being said that adds a lot of info/meaning. Particularly this was at a relatively shallow depth (38 meters) only a couple miles off the coast, the above ferry would spend most of its time in >200 meter waters according to https://www.arcgis.com/apps/mapviewer/index.html?webmap=019a... so would probably look nothing like this at most points in the trip.
https://rtsp.bmkg.go.id/publicbull.php
They've declared the event over - some waves were generated but nothing particularly large. Bulletin 3 for the recent quake includes wave height observations - maximum reported was 94cm; most were under 50cm.
In a boat going further out is the safest thing you can do if there's a tsunami warning.
> Giant landslides are rare events.[117] Humanity has never witnessed enormous collapses on La Palma[59] and there is evidence that the western flank of La Palma is currently stable[65] and a collapse in the near future is unlikely.[133] A worst-case scenario giant landslide like the one modelled by Ward and Day 2001 is a very low probability event, probably much less common than once per 100,000 years[123]
But, never say never, apparently we're ruining the planet faster than anyone of us thought possible just 50 years ago, so who knows what could happen.
https://en.wikipedia.org/wiki/1958_Lituya_Bay_earthquake_and...
Usually earthquakes on land don't trigger tsunamis but are more damaging locally