I have no intention of ever watching the remake. In the original 'Posieden Adventure', it was called a rogue wave IIRC. I haven't seen it since it came to the theatres in the early 70's, so my memory might lack a bit.
From my little knowledge of marine activities, though, I find it odd that such a huge wave would capsize a ship. I would expect something with that frequency/amplitude ratio to simply lift it on the leading edge and lower it again on the trailing edge. On the other hand, I'm surprised that the damned thing could remain afloat at all with Shelly Winters on board.
As for the power, remember that we just lost essentially an entire country to one. A tsunami is a rogue, usually.