The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

World News

First major piece of Bayesian superyacht recovered from seabed

by admin May 20, 2025
May 20, 2025
First major piece of Bayesian superyacht recovered from seabed

Salvage crews have recovered the boom from the $40 million Bayesian luxury yacht, which sank off the coast of Sicily in August 2024, killing seven people, including British tech tycoon Mike Lynch and his 18-year-old daughter Hannah.

The boom, which was connected to the 72-meter (236-foot) mast — one of the tallest on any sailboat—is the first known piece of debris to be lifted from the water.

The 55.9 meter (184-foot) yacht, which still has 18,000 liters of fuel onboard, went down in a sudden storm on August 19 while moored near Porticello, Sicily near Palermo.

Fifteen people, including nine crew members, survived.

British investigators, who were on the scene days after the accident, published a “desktop” report last week in which they concluded that the ship sank due to structural problems with the vessel.

Italian investigators have publicly dismissed the findings and have told local reporters that until the vessel can be examined once out of the water, no conclusion into the cause of the sinking can be determined. The ship is lying on its starboard side on the seabed, meaning no images have been taken of that part of the vessel to determine its condition.

No one has been charged with any criminal culpability in the accident, but the ship’s captain James Cutfield and two other crew members are under investigation for their role in the deaths of the passengers, which included one crew member.

The timetable to lift the yacht from the 50-meter deep seabed originally stated that the mast and boom would be left on the seabed until after the hull of the luxury yacht is lifted. The boom was instead brought out first to aid in the investigation into the diver’s death. It is unclear when the mast, which is being cut from the vessel, will be pulled from the water.

The hull of the yacht is scheduled to be brought up between May 26 and May 28, weather permitting. Once emptied of water, the wreckage will be lifted by crane to the port of Termini Imerese where it will be sequestered and examined by officials. A full report is expected by the end of the summer.

This post appeared first on cnn.com

previous post
Reagan admin official who helped America defeat communism dead at age 83
next post
UK police arrest third man over fire at PM Starmer’s house

Related Posts

Bodies of missing aid workers found in Gaza...

March 31, 2025

Pug life: A South African woman has rescued...

January 30, 2025

How a train station tragedy threatens to bring...

February 2, 2025

Myanmar’s military government announces temporary ceasefire to aid...

April 3, 2025

Governor of Mexican state says the US withdrew...

May 12, 2025

North Korea is making what could be its...

April 14, 2025

Russian military turns to motorbikes to evade Ukrainian...

April 28, 2025

Blackwater founder Erik Prince joins security operation in...

April 6, 2025

‘It’s morphin’ time!’ Police disguised as Power Rangers...

March 4, 2025

‘A moral stain’: Former UK prime minister, Global...

April 10, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 3

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 4

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 5

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 6

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 7

      Strategic Alliance with Macmahon to Accelerate Redevelopment of Nifty

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thegreatassets.com | All Rights Reserved