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The latest and greatest in news from the yachting industry.

From Sea to Shining Sea

How a new law makes it easier to register your yacht with a U.S. flag.

IGY Marinas Adds 2nd Mediterranean Location

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Yachting World

• Digital Edition

The latest on sailing action, races and regattas – and our pick of interesting things reverent and irreverent….

Sinking of the Bayesian Superyacht: What we know as rescue efforts enter third day

• August 21, 2024

The tragic sinking of the Bayesian superyacht off the coast of Sicily has left the…

Breaking news: One dead, six missing after sailing superyacht sinks off Sicily

• August 19, 2024

Update Tuesday 20 August: Specialist divers have, this morning launched a fresh search for the…

Ben Ainslie: “We’re a bit of a dark horse” – America’s Cup countdown

• August 16, 2024

It’s one week to go until the first races of the 37th America’s Cup in…

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• August 2, 2024

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WATCH: Orca yacht sinking – Sailor shares details of two-hour orca encounter which sank his yacht off Spain

• July 30, 2024

Robert Powell and his crew were five miles off the Spanish coast in 40m of…

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• July 16, 2024

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• July 10, 2024

The fourth edition of the Aegean 600, a relatively new 605-mile offshore race around the…

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• July 1, 2024

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• June 25, 2024

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• June 6, 2024

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• May 14, 2024

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• February 13, 2024

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• February 11, 2024

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• December 27, 2023

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Sailing news

Sailing and yachting news, covering ocean racing and events from around the world

Maiden crew’s First Mate Rachel Burgess: ‘The girls showed how tough they were’

• July 9, 2024

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• April 12, 2024

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Lynch Yacht Sinking Off Sicily Proves as Baffling as It Is Tragic

As bodies were recovered, the authorities and experts wondered how a $40 million, stable and secure vessel could have sunk so quickly.

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By Emma Bubola and Michael J. de la Merced

Emma Bubola reported from Porticello, Italy, and Michael J. de la Merced from London.

Two months after being cleared in a bruising legal battle over fraud charges, the British tech mogul Mike Lynch celebrated his freedom with a cruise. He invited his family, friends and part of his legal team on board his luxury sailing yacht, a majestic 180-foot vessel named Bayesian after the mathematical theorem around which he had built his empire.

On Sunday night, after a tour of the Gulf of Naples, including Capri, and volcanic islands in the Eolian archipelago, the boat anchored half a mile off the Sicilian coast in Porticello, Italy. It chose a stretch of water favored by the Phoenicians thousands of years ago for its protection from the mistral wind and, in more recent times, by the yachts of tech billionaires. The boat was lit “like a Christmas tree,” local residents said, standing out against the full moon.

But about 4 a.m., calamity unfolded. A violent and fast storm hit the area with some of the strongest winds locals said they had ever felt. Fabio Cefalù, a fisherman, said he saw a flare pierce the darkness shortly after 4.

Minutes later, the yacht was underwater. Only dozens of cushions from the boat’s deck and a gigantic radar from its mast floated on the surface of the sea, fishermen said.

In all, 22 people were on board, 15 of whom were rescued. Six bodies — five passengers and the ship’s cook — had been recovered by Thursday afternoon, including that of Mr. Lynch, an Italian government official said, adding that the search was continuing for his daughter.

It was a tragic and mystifying turn of events for Mr. Lynch, 59, who had spent years seeking to clear his name and was finally inaugurating a new chapter in his life. Experts wondered how a $40 million yacht, so robust and stable could have been sunk by a storm near a port within minutes.

“It drives me insane,” said Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought the company, Perini, that made the Bayesian. “Following all the proper procedures, that boat is unsinkable.”

The aura of misfortune only deepened when it emerged that Stephen Chamberlain, 52, a former vice president of finance for Mr. Lynch’s former company and a co-defendant in the fraud case, was killed two days earlier, when he was hit by a car while jogging near his house in England.

Since June, the two men had been in a jubilant mood. A jury in San Francisco had acquitted both on fraud charges that could have sent them to prison for two decades. There were hugs and tears, and they and their legal teams went for a celebratory dinner party at a restaurant in the city, said Gary S. Lincenberg, a lawyer for Mr. Chamberlain.

The sea excursion was meant as a thank-you by Mr. Lynch to those who had helped him in his legal travails. Among the guests was Christopher J. Morvillo, 59, a scion of a prominent New York family of lawyers who had represented Mr. Lynch for 12 years. He and his wife, Neda, 57, were among the missing.

So, too, was Jonathan Bloomer, 70, a veteran British insurance executive who chaired Morgan Stanley International and the insurer Hiscox.

The body of the ship’s cook, Recaldo Thomas, was recovered. All the other crew members survived. Among them was Leo Eppel, 19, of South Africa, who was on his first yacht voyage working as a deck steward, said a friend, who asked not to be identified.

Since the sinking, the recovery effort and investigation have turned the tiny port town of Porticello, a quiet enclave where older men sit bare-chested on balconies, into what feels like the set of a crime movie.

Helicopters have flown overhead. Ambulances have sped by with the sirens blaring. The Coast Guard has patrolled the waters off shore, within sight of a cordoned-off dock that had been turned into an emergency headquarters.

On Wednesday afternoon, a church bell tolled after the first body bag was loaded into an ambulance, a crowd watching in silence.

The survivors were sheltering in a sprawling resort near Porticello, with a view of the shipwreck spot, and had so far declined to comment.

Attilio Di Diodato, director of the Italian Air Force’s Center for Aerospace Meteorology and Climatology, said that the yacht had most likely been hit by a fierce “down burst” — when air generated within a thunderstorm descends rapidly — or by a waterspout , similar to a tornado over water.

He added that his agency had put out rough-sea warnings the previous evening, alerting sailors about storms and strong winds. Locals said the winds “felt like an earthquake.”

Mr. Costantino, the boat executive, said the yacht had been specifically designed for having a tall mast — the second-tallest aluminum mast in the world. He said the Bayesian was an extremely safe and secure boat that could list even to 75 degrees without capsizing.

But he said that if some of the hatches on the side and in the stern, or some of the deck doors, had been open, the boat could have taken on water and sunk. Standard procedure in such storms, he said, is to switch on the engine, lift the anchor and turn the boat into the wind, lowering the keel for extra stability, closing doors and gathering the guests in the main hall inside the deck.

12 guests occupied the yacht’s six cabins. There were also 10 crew members.

Open hatches, doors and cabin windows could have let in water during a storm, according to the manufacturer.

Open hatches, doors and

cabin windows could

have let in water

during a storm,

according to the

manufacturer.

Source: Superyacht Times, YachtCharterFleet, MarineTraffic

By Veronica Penney

The New York Times attempted to reach the captain, James Cutfield, who had survived, for comment through social media, his brother and the management company of the yacht (which did not hire the crew), but did not make contact.

So far none of the surviving crew members have made a public statement about what happened that night.

Fabio Genco, the director of Palermo’s emergency services, who treated some of the survivors, said that the victims had recounted feeling as if the boat was being lifted, then suddenly dropped, with objects from the cabins falling on them.

The Italian Coast Guard said it had deployed a remotely operated vehicle that can prowl underwater for up to seven hours at a depth of more than 980 feet and record videos and images that they hoped would help them reconstruct the dynamics of the sinking. Such devices were used during the search and rescue operations of the Titan vessel that is believed to have imploded last summer near the wreckage of the Titanic.

After rescuers broke inside the yacht, they struggled to navigate the ropes and many pieces of furniture cluttering the vessel, said Luca Cari, a spokesman for Italy’s national firefighter corps.

Finally, as of Thursday morning, they had managed to retrieve all but one of the missing bodies, and hopes of finding the missing person alive were thin. “Can a human being be underwater for two days?” Mr. Cari asked.

What was certain was that Mr. Lynch’s death was yet another cruel twist of fate for a man who had spent years seeking to clear his name.

He earned a fortune in technology and was nicknamed Britain’s Bill Gates. But for more than a decade, he had been treated as anything but a respected tech leader.

He was accused by Hewlett-Packard, the American technological pioneer that had bought his software company, Autonomy, for $11 billion, of misleading it about his company’s worth. (Hewlett-Packard wrote down the value of the transaction by about $8.8 billion, and critics called it one of the worst deals of all time .) He had been increasingly shunned by the British establishment that he sought to break into after growing up working-class outside London.

He was extradited to San Francisco to face criminal charges, and confined to house arrest and 24-hour surveillance on his dime. In a townhouse in the Pacific Heights neighborhood — with security people he jokingly told associates were his “roommates” — he spent his mornings talking with researchers whom he funded personally on new applications for artificial intelligence. Afterward, he devoted hours to discussing legal strategy with his team.

Despite his persistent claims of innocence, even those close to Mr. Lynch had believed his odds of victory were slim. Autonomy’s chief financial officer, Sushovan Hussain, was convicted in 2018 of similar fraud charges and spent five years in prison.

During Mr. Lynch’s house arrest, his brother and mother died. His wife, Angela Bacares, frequently flew over from England, and she became a constant presence in the San Francisco courtroom during the trial.

After he was finally acquitted, Mr. Lynch had his eye on the future. “I am looking forward to returning to the U.K. and getting back to what I love most: my family and innovating in my field,” he said.

Elisabetta Povoledo contributed reporting from Pallanza, Italy.

Emma Bubola is a Times reporter based in Rome. More about Emma Bubola

Michael J. de la Merced has covered global business and finance news for The Times since 2006. More about Michael J. de la Merced

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YACHTING NEWS

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Yachting News

Yachting News is part of The International Yachting Media publishing group , the most read boating magazines network in the world.

The editorial group was born in 2014, from the entrepreneurial creativity of Luca D’Ambrosio who, awarded for digital innovation in 2011 by the President of the Italian Republic, has developed a digital native system for the international broadcasting of nautical news.

Yachting News, as for all the other publisher’ titles, is based on quality of informations, an enhanced multimedia approach and a great user experience.

The magazine publishes news related to leisure boats, including sailing yachts, motor yachts, multihull and superyachts. Yachting News is a magazine that, thanks to a fantastic container, collects in a single luxurious dedicated showcase, articles, news and tests of the most interesting boats of the market.

Yachting News offers a unique interactive experience, where every reader is lead through an extraordinary journey made of hypertextual features, animated photos, sound effects and breath-taking videos.

From the beginning, the publisher set out to develop an innovative and unique model, developed to broadcast free news worldwide.  A multi-channel, web and social system designed for the yachting and luxury market, i.e. for a sector that certainly wants to communicate globally, reaching an audience of users with high spending power.

The International Yachting Media

The International Yachting Media group publishes 6 magazines 5 languages and is top ranked globally. With over 900,000 views per week in more than 200 countries, it is probably the most read yachting media in the world.

The audience includes shipowners (around 80%) as well as a significant proportion of captains and crew members who are among the top influencers in the industry. The main audience segment (86%) are men aged between 35 and over 50.

Geographically the publications are very strong in  Europe  and the  Americas  with a coverage of respectively 53% and 40%. Over 50% of our digital magazines are accessed through  organic search .

“Our media approach is a unique reality in the publishing panorama.” says Luca D’Ambrosio , founder of the publishing group “The innovative and fully digital strategy, together with the internationalisation, are the key to our success around the world”.

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Five bodies found inside superyacht that sank off Sicily

PORTICELLO, Sicily — Divers recovered four bodies Wednesday from inside a superyacht that sank in a sudden storm off Sicily , Salvatore Cocina, director of the island's Civil Protection Agency, confirmed to NBC News.

Cocina later confirmed to Sky News that a fifth body had been found and was being brought to shore. One passenger remains missing.

The identities of the bodies were not immediately released. Their recovery follows a dayslong search in the deep waters off Italy where British tech tycoon Mike Lynch  and several others were believed to be trapped in the hull. Fifteen of the 22 people aboard survived.

The rest had been missing since early Monday, when the Bayesian was caught in the storm anchored off the coast of Porticello, a village near the Sicilian capital city, Palermo.

The body of the ship’s cook, identified as Recaldo Thomas, a Canadian Antiguan national, was recovered Monday. 

On Wednesday, NBC News witnessed what appeared to be at least three body bags being lifted from fire department boats after they pulled into port at Porticello. It was unclear whose bodies they were. Some were later transferred to ambulances and driven away from the dock.

Lynch’s 18-year-old daughter, Hannah; Morgan Stanley International Chairman Jonathan Bloomer and his wife, Judy; and Clifford Chance lawyer Chris Morvillo and his wife, Neda, are also missing. 

The Bayesian is owned by a firm linked to Lynch’s wife, Angela Bacares, who was among the survivors rescued by a nearby vessel after they got into a lifeboat.

Built by the Italian shipbuilder Perini Navi in 2008, the U.K.-registered yacht could carry 12 guests and a crew of up to 10, according to online specialist boating sites. Its nearly 250-foot mast is the tallest aluminum sailing mast in the world, according to CharterWorld Luxury Yacht Charters.  

Regularly described in U.K. media as “Britain’s Bill Gates,” Lynch was  acquitted of fraud by a San Francisco jury this year, stemming from the sale of his software company Autonomy to Hewlett-Packard for $11 billion in 2011.

The Mediterranean sailing vacation was designed to be a celebration for Lynch, who brought Bloomer, who testified in his defense, and Morvillo, one of his U.S. lawyers, on the trip.

Lynch's co-defendant Stephen Chamberlain was not aboard the Bayesian, but in what appears to be a tragic coincidence, a  car struck and killed  him Saturday as he was jogging in a village about 68 miles north of London, local police said.

Claudio Lavanga and Claudia Rizzo reported from Porticello. Henry Austin reported from London.

Claudio Lavanga is Rome-based foreign correspondent for NBC News.

Claudia Rizzo is an Italy based journalist.

Henry Austin is a senior editor for NBC News Digital based in London.

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