Even when its very clear, water absorbs light passing through it, transforming it into heat. However, water doesnt do this uniformly because wavelengths with less energy absorb more easily. Therefore, it absorbs colors toward the red end of the visible spectrum more rapidly than at the blue end. This is why red tends to disappear very quickly as you descend. Usually you dont see much red below 4 metres/15 feet because little light of that wavelength reaches any deeper. This doesnt mean that the color red suddenly blinks out at 4 metres/15 feet, but that practically speaking, red is gone. Color absorption is a continual process, so theres less of all colors at 2 metres/6 feet than at 1 metre/3 feet. This gradual filtering process affects the weaker wavelengths faster.
In order following red, water more readily absorbs orange, yellow and green. The loss of color is why underwater photographers use flash even in very bright conditions. The light from the flash doesnt travel through much water, so it restores the absorbed wavelengths for a colorful picture. This is necessary for good quality underwater photos, even with modern digital cameras that can partially correct for color absorption