Through some testing I've found that high speed ramming (in this case, 17 knots) is actually a viable tactic against certain types of vessels.
However, the long fabled torpedo still provided a much more favorable outcome.
The topedo managed to blow the target right out of the water,
and less than a tenth of a second later, the mast was flung from the hull of the vessel.
Said mast was subsequently found impaled in the ocean floor below.