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American billionaire and owner of Harbor Freight stores just took delivery of this 384-feet long megayacht. The $350 million vessel has seven decks, a pool, and a yoga studio it uses AI to stabilize the mammoth yacht on rough seas.

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This billionaire oligarch passionately ordered one of the world’s fastest superyachts with more power than 20 F1 cars. But as he was sanctioned, he was unable to take delivery, and for more than a year now, the 262-feet-long vessel is laying moored in the Netherlands gathering dust.

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Saudi media billionaire’s $320 million superyacht is the most expensive yacht for sale in 2024. The size of two Olympic swimming pools, the vessel can accommodate 20 guests in 10 cabins. It boasts a helipad, infinity pool, winter garden, beach club, spa, and even a nail salon.

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Infinity megayacht at Derecktor shipyards

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Meet the 384-Foot ‘Infinity,’ the Largest Superyacht Ever Built in the Netherlands

It could be a record summer for dutch shipyard oceanco. after today's launch of "infinity" comes the world's largest 417-foot sailing vessel, linked to jeff bezos., michael verdon, michael verdon's most recent stories.

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Oceanco Infinity delivered to its owner

Custom superyacht builder Oceanco celebrated a milestone with the recent delivery of Infinity. The 384-foot motoryacht is the largest ever built by the Dutch yard, and perhaps even more noteworthy is that it’s the largest ever to come from the Netherlands, which has an impressive roster of superyacht builders.

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The 54-foot beam gave interior designers Sinot Yacht Architecture and Design, partnering with David Kleinberg Design Associates, many thousands of square feet to work with. Oceanco didn’t release any images of the interior, but said that it will consist of accommodations for up to 16 guests, an extensive wellness area with spa, sauna, gym and yoga studio, and what it called “best-in-class” crew quarters.

Oceanco Infinity was delivered to her owner

The 384-footer is a milestone for Oceanco and for the Netherlands, since it’s the largest motoryacht ever from that ship-building country.  Courtesy Oceanco

The yard paid particular attention to lowering noise across the yacht. The project underwent a specialized development process for the hull and propulsion systems to minimize vibration when Infinity is running, but also for active stabilization when held in place by GPS for long periods. There’s a growing science to ensuring the hull shape, which was designed by Lateral Naval Architects, delivers hydrodynamic efficiency. Yacht-builders like Oceanco see this as key to lowering carbon emissions across the segment.

“She is the result of impressive teamwork and represents the true power of co-makership that is central to all our projects,” said Oceanco CEO Marcel Onkenhout in announcing the delivery.

Besides the landmark Infinity , Oceanco is also working on the sailing yacht, project Y721, linked to Amazon founder Jeff Bezos . The 417-footer, expected to launch this summer, will be the world’s largest sailing yacht.

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117m superyacht INFINITY prepares for sea trials

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By Editorial Team   11 January 2022

After hitting the water for the first time in October, the 117m Oceanco yacht INFINITY (previously known as Project Y719) is currently preparing for sea trials from her base at the yard's facility in Ablasserdam before being delivered to her Owner later this year.

The largest Dutch-built superyacht to date at the time of her launch, before being very shortly pipped to the post by another Oceanco launch later that month, Project Y721, she features Espen Øino-designed exteriors, sporting a charastierically elegant profile and long bow, while her interior has been masterminded by Sinot Yacht Architecture & Design.

oceanco superyacht infinity hits the water

While many of the details regarding superyacht INFINITY remain under wraps, it is believed she will accommodate up to 24 guests. We also know that she sports two helipads, located on the foredeck and upper deck aft respectively, as well as a large main deck pool, plus two Jacuzzis.

Will superyacht INFINITY be available for charter?

oceanco superyacht infinity

It is not expected that superyacht INFINITY will be available for charter upon delivery. To discover Oceanco vessels that are currently for rental, take a look at the range of Oceanco yachts to charter and consult your yacht charter broker for further information.

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Oceanco 117m Superyacht ‘Infinity’ Has Been Delivered

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The 117m Oceanco superyacht ‘Infinity’ has been delivered to her new owner. The Espen Oino -designed vessel marks Oceanco’s largest build to date, as well as the largest yacht ever built in The Netherlands!

Video :  Guy Fleury

Boasting best-in-class crew quarters, mechanical systems, and technology, the vessel offers an unrivalled level of onboard comfort, with a focus on low noise and vibration levels. The hull and active stabilisation have been intelligently designed to feature next-generation technology in seakeeping and hydrodynamic efficiency.

Oceanco deliver 117m Superyacht 'Infinity'

The seven-deck boat features stunning indoor and exterior spaces, as well as rooms for up to 16 guests. An additional feature catering to health and wellness is a leisure centre with a spa, sauna, gym, and yoga studio.

“She is the result of impressive teamwork from the Owner’s team, Espen Øino, Sinot Yacht Architecture & Design, David Kleinberg Design Associates, Lateral Naval Architects, and all Oceanco’s co-makers and strategic partners. She represents the true power of collaboration that is central to all our projects,” commented Marcel Onkenhout, Oceanco CEO.

Specifications:

Length: 117m/384ft Beam: 16.5m/53ft Exterior Design by Espen Øino International Interior design by Sinot Yacht Architecture & Design and David Kleinberg Design Associates Naval Architecture by Lateral Naval Architects

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The 5 tragic minutes that sank a superyacht

PORTICELLO, Italy — Survivors of a storm that sank a superyacht off Sicily recounted their ordeal to one of the doctors who rushed to their aid, with some saying it took mere minutes for the 180-foot ship to go down. 

Dr. Fabio Genco, head of the Palermo Emergency Medical Services, told NBC News on the phone Thursday that he arrived in the seaside village of Porticello before dawn Monday, about an hour after the $40 million Bayesian sank in the violent and sudden storm.   

Of the 22 people onboard, 15 survived despite storm conditions and darkness, climbing onto a lifeboat before being rescued by a nearby sailboat. The crew members have made no public statements so far, though some have been interviewed by investigators.

“They told me that it was all dark, that the yacht hoisted itself up and then went down,” Genco said, recounting what the survivors told him. “All the objects were falling on them. That’s why I immediately made sure, by asking them questions, if they had any internal injuries,” he said. 

It appears they had just minutes to abandon the sinking ship, Genco said. 

Divers Retrieve Bodies From Tech Tycoon Mike Lynch Yacht Sunk Off Sicily

“They told me that suddenly they found themselves catapulted into the water without even understanding how they had got there,” he said, “And that the whole thing seems to have lasted from 3 to 5 minutes.”

Giovanni Costantino, CEO of The Italian Sea Group, which owns Perini Navi, the Bayesian's shipbuilder, told Sky News that there were no flaws with the design or construction of the yacht. He said their structure and keel made boats like that “unsinkable bodies.”

In an interview with the Italian newspaper Corriere della Sera, he disavowed responsibility, blaming instead the actions of the crew. “Mistakes were made,” he said. 

Genco said one of his colleagues who arrived at the scene before him initially thought that only three people survived, but the coast guard reported there were other survivors and more emergency services were called in. 

When Genco arrived, he found scenes of panic and despair. 

“Unfortunately, we are used to such panic scenes because we are used to the shipwrecks that happen on Lampedusa ,” Genco said, referring to the island southwest of Sicily, where the wreckage of boats carrying migrants on the sea journey from North Africa to Italy are often found . 

Six of the passengers were declared missing Monday, and by Thursday, the bodies of five had been recovered from the wreck , some 160 feet underwater.

Among those who survived is Angela Bacares, wife of the British tech mogul Mike Lynch , whose body was recovered Thursday. 

Divers searching for six missing people following the sinking of a superyacht off Sicily in a storm have found fifth bodies.

Another survivor has been identified as Charlotte Emsley, 35. She told the Italian news agency ANSA that she had momentarily lost hold of her year-old daughter, Sofia, in the water but managed to retrieve her and hold her over the waves until a lifeboat inflated and they were pulled into safety.

Dr. Domenico Cipolla at the Di Cristina Children’s Hospital in Palermo is also part of a team of medical professionals treating the shipwreck survivors. He told the BBC on Wednesday that Emsley and her daughter, as well as the father of the child, who Cipolla said also survived, are continuing to receive psychological help. 

“Psychological support was constant and is constant even today, because basically it is the wounds of the soul that are the most in need of healing in these cases,” Cipolla said.

Genco also told NBC News that he was especially concerned about the child. “She did not understand anything. She was soaking wet and cold,” he said. 

Karsten Borner, the Dutch captain of the Sir Robert Baden Powell, a yacht that was anchored near the Bayesian, said by phone Wednesday that he saw a thunderstorm come in at around 4 a.m. local time (10 p.m. ET) Monday, followed by what looked like a waterspout, a type of tornado that forms over water. 

The International Centre for Waterspout Research noted on X that there was a “waterspout outbreak” off Italy on Monday, the day the Bayesian sank. 

All the men missing after a luxury yacht sank off Sicily -- who included UK tech tycoon Mike Lynch -- have been found, a coastguard official told.

“I turned on the engine and made maneuvers so that we wouldn’t collide with the Bayesian, which was anchored about 100 meters from us,” Borner said. “Then all of a sudden it disappeared. Then the wind calmed down, we looked around and saw a red flare.”

Borner said he got into his boat’s tender and saw a life raft with 15 people on it. Members of the crew were administering first aid. 

“I don’t know why it sank so quickly, but it may have something to do with the mast which was incredibly long,” he said. Questions have been raised about whether the mast was to blame for the accident as tall masts, even with the sails down, have more surface area exposed to the wind, which can contribute to tipping a vessel in a storm.

The CCTV footage that emerged Tuesday showed the yacht’s 250-foot mast, believed to be one of the tallest aluminum sailing masts in the world, lashed by the storm as it appears to tilt to one side before disappearing.

Claudia Rizzo is an Italy based journalist.

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

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Yuliya Talmazan is a reporter for NBC News Digital, based in London.

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56m perini navi sailing yacht BAYESIAN yacht sinks off coast of sicily

Live updates: Seven dead in 56m superyacht Bayesian sinking tragedy

Seven people have died in the Bayesian sinking disaster. These include the six missing people who were inside the yacht when it sank, as well as a seventh person who was located shortly after the disaster. The seventh person is understood to be the yacht's chef, Recaldo Thomas. The other six are:

  • British tech entrepreneur Mike Lynch, once dubbed 'Britain's Bill Gates'
  • Lynch's 18-year-old daughter, Hannah
  • Morgan Stanley's chairman, Jonathan Bloomer
  • Judy Bloomer, wife of Morgan Stanley chairman
  • Chris Morvillo, a lawyer working for London-based law firm Clifford Chance
  • Neda Morvillo, an American jewellery designer and Chris' wife

It is understood that the yacht was being used to celebrate Lynch's recent victory in a 13-year £8 billion fraud acquittal.

No one remembers the mast snapping before 56m superyacht Bayesian sunk, says crew

No one recalls seeing the mast snap on board the 56-metre Perini Navi sailing yacht Bayesian which sank off the Italian island of Sicily on 19 August. The eyewitness account of a crewmember on board the vessel, which was obtained by BOAT International , said that the boat was struck by a freak weather event which led to the yacht heeling at around 20 degrees to starboard. As crewmembers were securing items, the heeling angle began to increase rapidly until the yacht started taking on water and sank rapidly.

The crewmembers who were up on deck were able to evacuate the yacht with minor injuries. The yacht is understood to have sunk in just twelve minutes, and it is believed that a "major ingress" of water from the top down would have caused the sinking, according to a captain who wishes to remain anonymous. This is based on the fact that no breaches have been reported in the yacht's hull, and the fact that the yacht should have been able to remain afloat with two flooded compartments.

"Very difficult to understand what could have overwhelmed a vessel of that size" says captain of sistership

The captain of the sistership to the sunken 56-metre Perini Navi sailing yacht Bayesian has said it is "very difficult to understand what could have overwhelmed a vessel of that size" and called the 56-metre Perini Navi series "bulletproof".

David Hutchinson, captain of Rosehearty , said he had taken the yacht around the world multiple times and he had "total faith in the boat".  "We've been to Antarctica and Chile, and we've had her in 70 knots of wind," he says, and the vessel had never put them in a situation that felt unmanageable.

However, Hutchinson noted there were differences between Bayesian and Rosehearty ; notably, Bayesian's  74-metre mast, which would have been heavier and added increased windage. The yacht's layout was also different, with guest accommodation on Bayesian located further forward.

Live updates

  • During a news conference on Saturday morning (24 August), prosecutors confirmed they are in the early stages of investigating a "crime hypothesis" of culpable shipwreck and manslaughter. Authorities also said the yacht likely sunk because of a downburst (powerful wind that descends from a thunderstorm), rather than a waterspout.
  • A search and rescue for six missing people has concluded. The final missing person is understood to be Hannah Lynch. 
  • According to Reuters, six bodies have now been found in the sunken yacht. These include Mike Lynch, a British technology entrepreneur who co-founded Autonomy Corporation and founded Invoke Capital, although Italian authorities have not confirmed this.  
  • One person was found immediately after the yacht sunk, and this is understood to be the yacht's chef. 
  • Lynch’s wife, Angela Bacares, and a one-year-old are among the fifteen people rescued along with Bayesian' s captain, James Cutfield.
  • Another sailing vessel in the area, the 42-metre Sir Robert Baden Powell ,  stepped in to offer assistance in the initial rescue.
  • Divers have been able to reach Bayesian' s sunken hull, which lies at 45 metres of depth about half a mile from the coast. The yacht had the largest aluminium masts of any sailing yacht on the water.
  • Eyewitnesses in the area reported "hurricane" conditions off the coast but local weather websites did not indicate any severe squall, which suggests that the weather event was not forecast.
  • At around 5am local time on 19 August, Bayesian was hit by bad weather and sunk.  The sailing yacht was anchored or idle at the time of the incident.

Built in Italy by renowned builder Perini Navi and delivered in 2008, the yacht's naval architecture was developed by Ron Holland Design while the interior design is by Rémi Tessier . She was formerly known as Salute and was last refitted in 2016. She was listed for sale earlier this year, according to BOATPro . The yacht had accommodation for nine guests and 12 crew.

BOAT International will update the story as it develops.

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NEWS... BUT NOT AS YOU KNOW IT

Last moments of Bayesian yacht as it’s battered by storm before sinking

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Newly released CCTV footage has shown the moment the Bayesian superyacht was engulfed by a suspected waterspout.

Six passengers onboard the boat , including tech tycoon  Mike Lynch , 59, his daughter Hannah, 18, and chairman of Morgan Stanley international Jonathan Bloomer, remain missing after the yacht sank early Monday morning.

The blurry footage shows the lights of the distant boat seen from a marina as rain batters the vessel.

Follow Metro.co.uk’s live blog for latest updates on the Bayesian yacht sinking

Suddenly, the lights disappear, and the boat is no longer visible. Local Giornale Di Sicilia said: ‘In just sixty seconds – says the owner of the villa – you can see the ship disappear.

‘Of about twenty cameras installed in the house, only one was not disturbed by the wind and rain. You can clearly see what is happening.

‘There was nothing that could be done for the boat. It disappeared in a very short time.’

CTV shows superyacht battered by storm as local says it 'vanished in 60 secs' HORRIFYING CCTV video shows the moment the Bayesian superyacht is engulfed by the storm that would sink it.

A total of 15 other passengers, including Mr Lynch’s wife Angela Bacares, have been rescued so far while one person, the boat’s chef, has been found dead.

Emergency responder Luca Cari told Italian daily  Giornale Di Sicilia  divers can stay underwater for a maximum of 12 minutes, so the searches are being carried out for 10 minutes per dive.

According to reports, Mr Lynch and the group were on holiday celebrating after Mr Lynch was acquitted of fraud in June following a high-profile court case over the company’s sale.

The Italian Coastguard believes Mike Lynch and five other missing people may still be inside the sunken yacht, a spokesman said.

Vincenzo Zagarola told the PA news agency this was the working theory of officials on Sicily because it is believed the boat sank quickly and search and rescue efforts by sea and air have so far delivered no results.

He said: ‘We think they are still inside the boat, that is our very hard idea.

‘Our search and rescue activity by sea and air has gone on for around 36 hours.

‘Of course, we do not exclude that they are not inside the boat, but we know the boat sank quickly.

‘We suppose that the six people missing may not have had time to get out of the boat.’

Get in touch with our news team by emailing us at [email protected] .

For more stories like this, check our news page .

MORE : What is a waterspout and did it cause the Sicily yacht tragedy?

MORE : Lawyer’s haunting seven-word post before vanishing on Bayesian yacht

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Mike Lynch’s Sunken Superyacht Is Largely Intact, Italian Officials Say

I talian investigators searching the wreckage of the Bayesian superyacht said it appeared largely intact, a discovery that contradicts earlier eyewitnesses who said its mast had snapped when it sank in Monday’s storm.

Divers are reporting that the 180-foot-long yacht was lying on its side on the ocean floor, an Italian coast guard official said Wednesday. “The divers are looking for structural damage on the hull,” the official said.

The early reports from Italian officials appeared to be at odds with witnesses who had said the aluminum mast snapped during a violent thunderstorm when the vessel sank off the coast of Sicily with 22 people on board, including owner Mike Lynch, a U.K. tech billionaire.

The towering mast on the Bayesian stretched nearly 240 feet into the sky—making the superyacht the tallest luxury sailboat when it was built.

Maritime experts said a broken mast of that height could cause serious damage to a vessel, but the design isn’t a safety concern as long as the masts are well maintained and held tightly upright on the hull by cables called stays.

“Bigger masts support bigger sails and higher sailing speeds,” said Takis Tsakos, a veteran captain who also oversees for clients the construction of superyachts such as the Bayesian at yards in Europe and the U.S. “The yacht fans love the bigger masts because they look marvelous and give the vessel more volume. They are especially impressive at night when they are lit up.”

The Bayesian’s mast could have fallen on the hull, damaging it, or could have been uprooted from its base by the strong winds if the stays weren’t tight enough. Yacht captains say loose stays can make a boat tilt as much as 15 degrees even with the sails folded.

“That would have made a gaping hole and water could have rushed in. It was also a relaxed evening—doors and windows could have been open with more water coming in as the boat tilted,” said Tsakos, founder of Athens-based Yachtways GP, which rents out luxury yachts in the Mediterranean. “These will be determined when the yacht is pulled out of the water.”

The people missing and presumed dead in the sinking of the Bayesian include Lynch, his daughter, a top executive at Morgan Stanley and one of Lynch’s lawyers. The group was celebrating Lynch’s acquittal on U.S. fraud charges.

Italian authorities are continuing to investigate the accident and divers are trying to access the sunken hull. Rescue teams located five bodies from the wreck on Wednesday. The body of the boat’s chef was retrieved from the sea on Tuesday.

Masts must meet the safety standards of classification societies that give the green light for a ship to sail and monitor its maintenance over the years. Oversize masts on superyachts are turned by computer so they face the wind straight on and not sideways even when the sails are folded.

“For a vessel of this size to go down, there must have been tremendous ingress of water inside its enclosed spaces,” said Fotis Pagoulatos, a naval architect who has participated in a number of shipwreck investigations. “Its design allows it to stay afloat, even with two compartments flooded.” He said he wouldn’t be surprised if the yacht’s hull is found cracked and buckled from the forces exerted by the freak weather and possibly the cracked mast.

The single-masted Bayesian was built by Italian company Perini Navi and delivered in 2008 to its original owner. The boat, which was taller than it was long, was one of a class of supersize luxury yachts that cruise the Mediterranean and other hot spots.

Formerly known as Salute, it was one of several that Perini Navi built that was 56 meters long. But its sister ships had shorter masts—generally extending 59 meters, compared with about 72 meters for the Bayesian. Perini Navi didn’t return requests for comment.

The Bayesian has been eclipsed by newer boats owned by other billionaires. Jeff Bezos, the Amazon.com founder, commissioned the 127-meter-tall Koru, a three-masted vessel that was delivered in 2023.

The Koru was so tall that in 2022 it sparked a protest over plans to dismantle a bridge to let it sail out of the Dutch port where it was built. Instead, the ship was towed to another shipyard to have its masts mounted.

Still, the Bayesian remained one of the largest private sailing yachts. It was ordered by a Dutch businessman but, in 2005, he was paralyzed in a yachting accident and it was sold on completion to another Dutch owner and renamed Salute, according to yacht brokers.

In 2014, it was sold to an entity owned by Angela Bacares, Lynch’s wife, and renamed Bayesian. It has no racing history, but boats of this size compete in events such as the St Barths Bucket Regatta, an annual race in the Caribbean, and in the Perini Navi Cup, a four-day race near Sardinia.

Perini Navi is known for creating some of the world’s most famous and luxurious sailing yachts, including the 88-meter-long Maltese Falcon, one of the world’s most recognizable sailing yachts, with rotating masts and a futuristic design.

The masts of the Maltese Falcon are 57 meters tall.

Write to Costas Paris at [email protected]

Mike Lynch’s Sunken Superyacht Is Largely Intact, Italian Officials Say

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Final Body Is Recovered From Yacht That Sank Off Sicily

Hannah Lynch, the 18-year-old daughter of the British tech entrepreneur Mike Lynch, was on board a yacht that was hit by a storm and went down in the early hours on Monday.

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Rescue workers in orange wet suits on the deck of a boat with a green body bag.

By Emma Bubola and Elisabetta Povoledo

Emma Bubola reported from Porticello, Italy, and Elisabetta Povoledo from Pallanza, Italy.

For nearly a week after a violent storm sent a luxury yacht to the bottom of the sea off the coast of Sicily, Italian scuba divers plunged deep underwater, moving through ropes and fallen objects inside the yacht in a desperate search for the six people missing.

On Friday, the recovery of the body of Hannah Lynch, 18, put an end to the wrenching search and to the slim hopes that any of the missing people might have survived.

Ms. Lynch, the daughter of the British tech entrepreneur Mike Lynch, who also died in the yacht’s sinking, was the last person to be formally unaccounted for since Monday after tragedy struck a group that had been celebrating her father’s acquittal in a high-profile fraud case.

There were 10 crew members and 12 passengers on board the 180-foot vessel, the Bayesian, when it was hit by a storm and went down about 4.30 a.m. on Monday, the boat’s management company said on Friday.

Fifteen survived.

The body of the ship’s cook, Recaldo Thomas, was found on Monday, a few hours after a downpour hit the northwestern coast of Sicily, near the port of Porticello, where the yacht had been anchored.

But it took several days to recover the bodies of the six passengers who were apparently trapped inside the yacht: Mr. Lynch and Ms. Lynch; Jonathan Bloomer, the chairman of Morgan Stanley International; his wife, Judy Bloomer; Christopher J. Morvillo, a lawyer at Clifford Chance; and his wife, Neda Morvillo.

On Friday, a round of applause could be heard from the firefighter’s tent set up on the dock in Porticello after the last body was pulled out in what the corps described as a “complex” search operation at a depth of about 165 feet. The firefighters said they had made 123 immersions into the sea to try to retrieve the bodies.

The body bag was then loaded onto an ambulance. A local man had left a small wooden cross on the rocks in front of the dock where the bodies were brought ashore.

Mr. Lynch’s wife, Angela Bacares, was among those who managed to reach the safety of a raft. They were rescued by a sailing schooner that had been bobbing about 150 yards from the yacht.

In a statement, the family thanked the search teams and said that it was enduring a “time of unspeakable grief.”

“The Lynch family is devastated, in shock and is being comforted and supported by family and friends,” the statement added.

As prosecutors from the nearby city of Termini Imerese began conducting interviews with the survivors and possible witnesses, the crew and passengers of the Bayesian have been confined to a local hotel, where the news media have been denied access.

Salvatore Cocina, the head of Sicily’s civil protection agency, said on Thursday that the survivors had turned down the psychological assistance his department had offered to them.

In Porticello, the sprawling presence of rescue services made a haunting backdrop for an otherwise tranquil port town. People sunbathed and ate ricotta-filled pastries, and stores selling sandals and dried fruit opened as normal, while coast guard and firefighting vessels came and went from the shore, taking scuba divers out to the shipwreck.

Other reminders of the tragedy could be seen along the coast, among palm trees and ice cream shops, with groups of onlookers staring out at the sea, now tranquil and flat.

Local and national news organizations have complained that prosecutors have not issued a statement or held a news conference. Prosecutors may shed more light on the yacht’s sinking when they hold a news conference on Saturday.

The marine accident investigation branch of the British transportation ministry was also looking into the shipwreck of the vessel, which was registered in Britain.

One of the major questions is what caused the boat to sink: Was it the fault of the boat maker, of the crew or of a powerful act of nature — or some combination of the three? None of those who were onboard the Bayesian have spoken publicly.

The luxury yacht, built by the Italian manufacturer Perini Navi and launched in 2008, had the second-tallest aluminum mast in the world, according to its makers.

Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought Perini Navi, has been assertive in defending the design and construction of the yacht, saying that the Bayesian would be “unsinkable” if the proper procedures were followed.

But yacht design experts have cautioned that the lesson of the Titanic, the ocean liner that sank on its 1912 maiden voyage, showed that no vessel, no matter how robust, was worthy of that label.

Nautilus International, a maritime-focused labor union, criticized any implication that the crew had been at fault, especially at this stage. In a statement , the union’s general secretary, Mark Dickinson, said, “Experience tells us that maritime tragedies are always the result of multiple, interconnected factors,” and he urged people to refrain from drawing any conclusions until a thorough investigation had been carried out.

The investigation into the causes will take months, prosecutors said.

Michael J. de la Merced contributed reporting.

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

Elisabetta Povoledo is a reporter based in Rome, covering Italy, the Vatican and the culture of the region. She has been a journalist for 35 years. More about Elisabetta Povoledo

Mike Lynch death: Tributes flow for Autonomy cofounder and ‘creator of dreams’

Mike Lynch

It has now been confirmed that Mike Lynch, one of the most prominent and controversial figures in the U.K. tech scene, died in the sinking of his superyacht off Sicily on Monday. At least five others also died when the vessel capsized in a violent storm; Lynch’s teenage daughter Hannah remains missing.

I encourage you to read my colleague Ryan Hogg’s obituary of Lynch , who I was writing about just a couple weeks ago in the context of his legal travails. Following a lengthy extradition drama, Lynch, 59, was acquitted in June of criminal fraud charges relating to the sale of his data software firm Autonomy to Hewlett-Packard in 2011. Indeed, his fateful trip with family, friends and lawyers was reportedly a celebration of that victory.

Morgan Stanley International chair Jonathan Bloomer, who had chaired Autonomy’s audit committee during the HP sale, and who testified in Lynch’s defense, also died in the sinking of the Bayesian. In a grotesque coincidence, Lynch’s also-acquitted codefendant in the U.S. trial, former Autonomy finance VP Stephen Chamberlain, was fatally struck by a car while jogging in England on Saturday.

Although he was acquitted in the U.S., a U.K. civil case over Autonomy’s misrepresentation of its financials to HP resulted in a ruling that Lynch had known what was going on. As a result, Hewlett Packard Enterprise (which has been handling the case since it was spun out of HP in 2015) had been hoping to recoup billions of dollars from Lynch and former Autonomy CFO Sushovan Hussain, who received a five-year sentence in the U.S. over the affair.

“We’re saddened by this tragic event and our thoughts are with the families and friends of all those who lost their lives,” said an HPE spokesman, while declining to comment on the future of the legal proceedings.

Friends say Lynch had been at the “beginning of a new life” following his U.S. acquittal, and many tributes followed the confirmation of his passing.

“The world has lost a genius. His family have lost a giant of a man,” said Autonomy cofounder David Tabizel.

“Mike Lynch should be remembered as the person who catalyzed a breed of deep tech entrepreneurs in the U.K.,” said John Browne, the former BP CEO and the chair of the Francis Crick Institute, a biomedical research center for which Lynch once helped to raise funds. “His ideas and his personal vision were a powerful contribution to science and technology in both Britain and globally. I send my condolences to those close to him. We have lost a human being of great ability.”

David Yelland, the former editor of The Sun and Lynch’s public relations advisor, said Lynch was “failed in life by his country and his peers when he needed them most—as he looked for help in the unjust U.S. demand that he be extradited—and he has then suffered the most unfair and brutal of fates.”

“I was in touch with Mike just before he sailed,” Yelland wrote on X . “He wasn’t a mere dreamer of dreams, he was a creator of dreams not just for himself but for all those that knew him, worked with him or invested with him.”

Lynch was a fellow of the Royal Academy of Engineering, the board of which said it was “deeply saddened” to hear of his death. A spokesperson from industry body TechUK told the Evening Standard that Lynch had been “a hugely significant and pioneering figure in the U.K. technology sector.”

More news below. And do read my colleague Eleanor Pringle’s piece on X’s true owners , whose identities have just been revealed in the context of a lawsuit by former employees. Bill Ackman is no surprise, but the same can’t be said for Diddy.

David Meyer

Want to send thoughts or suggestions to Data Sheet? Drop a line  here .

Walmart sells JD.com stake. Walmart has sold its entire $3.7 billion stake in the Chinese e-commerce giant JD.com and says it will focus on its own Chinese operations now. As Reuters reports , the move may have something to do with how the ultra-competitive nature of Chinese e-commerce squeezes profit margins. Walmart has in recent years been pulling out of a few international markets where it can’t turn a decent profit.

Head-to-head spectacle. The second half of next month will see the unveiling of not one but two big plays in the augmented reality glasses space, The Verge reports . Snap will apparently show off the fifth generation of its Spectacles on Sept. 17, with Mark Zuckerberg revealing Meta’s entry into the AR specs business the following week. Meta’s effort is code-named Orion.

Google targeting teens. Not long after the Financial Times reported that Google broke its own rules by letting Meta target teens with its YouTube ads, Adweek reports that this was no one-off. Citing three ad buyers, plus written documentation, the publication says Google’s salespeople have been advising ad buyers on how to reach teenagers despite the fact that Google doesn’t allow targeting that age group. The key, it seems, is to target the cohort of “unknown” users, about whom Google doesn’t know age or other details, as teens are probably included in the group. Google says it will remind its reps not to help agencies and advertisers skirt the company’s rules.

SIGNIFICANT FIGURES

—The estimated number of trees felled to make space for Tesla’s gigafactory outside Berlin. That’s according to environmental intelligence company Kayrros; many environmental campaigners oppose the plant.

IN CASE YOU MISSED IT

Russian users get locked out of Telegram and WhatsApp as Moscow intensifies internet censorship , by AFP

Another Tesla veteran resigned, writing it was ‘definitely not for the faint of heart’ , by Amanda Gerut

Tech CEO swears off Silicon Valley’s latest craze: ‘I really f—– hate generative AI’ , by Chloe Berger

Andreessen Horowitz leads $80 million bet on startup seeking to tame AI with copyright , by Jeff John Roberts

Taxpayers and tech companies will help fund journalism and AI research in landmark California deal , by the Associated Press

BEFORE YOU GO

Plans laid for new streamer. There’s reportedly going to be a new streaming service in town, coming from…Chick-fil-A? According to Deadline , the fast-food company has been talking to big production companies about the creation of original, family-friendly content, with a tilt towards reality TV. The publication notes that Chick-fil-A has made content for its own website before, but this would be something else—and it could be a boon for the ailing reality TV sector.

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IMAGES

  1. Yacht INFINITY, an Oceanco Superyacht

    owner superyacht infinity

  2. Inside INFINITY Yacht • Oceanco • 2015 • Value $150M • Owner Eric Smidt

    owner superyacht infinity

  3. INFINITY Yacht • Eric Smidt $300M Superyacht

    owner superyacht infinity

  4. Yacht INFINITY • Eric Smidt $300M Superyacht

    owner superyacht infinity

  5. Inside INFINITY Yacht • Oceanco • 2015 • Value $150M • Owner Eric Smidt

    owner superyacht infinity

  6. 117.0m Infinity Superyacht

    owner superyacht infinity

COMMENTS

  1. ERIC SMIDT • Net Worth $9 Billion • House • Yacht

    Smidt is the owner of the 117-m (383ft) Oceanco yacht INFINITY. The yacht was built in 2022 and has a value of $300 million. He also owns the support vessel Intrepid. The Infinity Yacht is a symbol of nautical luxury, built by Oceanco and delivered in 2022.

  2. INFINITY Yacht • Eric Smidt $300M Superyacht

    The Infinity Yacht's support vessel, the Intrepid, is a 69-meter SeaAxe built by Amels. Owned by Eric Smidt, founder and CEO of Harbor Freight Tools, the Yacht Infinity is valued at $300 million. The yacht is among the world's largest, with a length of 117 meters and a volume of 4,978 tons. The Yacht Infinity primarily docks in Miami ...

  3. American billionaire and owner of Harbor Freight stores just took

    About Infinity superyacht owner Eric L. Smidt: Wikipedia names the chairman and CEO of Harbor Freight Tools as the owner of Oceanco-built $350 million Infinity luxury motoryacht. Harbor Freight Tools is known to operate over 1000 retail hardware stores in 48 states. In 2020, Forbes magazine identified 150 U.S. companies with over 1,000 employees as the Best Employers for Veterans to work and ...

  4. Infinity in Her Owner's Hands, Oceanco's Largest Delivery

    Infinity further has helipads. Interior design, meanwhile, comes from two studios. Specifically, the owner tapped Sinot Yacht Architecture & Design as well as David Kleinberg Design Associates. The latter is a New York-based firm with an international presence, renowned for its residential work.

  5. Infinity (2022 yacht)

    Infinity. (2022 yacht) Oceanco 's 117 m (384 ft) Infinity was delivered in 2022 as a replacement for its previous yacht, now named Cloud 9. [ 3] Her exterior design is the work of Espen Øino and her interior is by Sinot Exclusive Yacht Design and David Kleinberg Design Associates. She is capable of reaching speeds up to 18.5 knots (34 km/h).

  6. INFINITY yacht (Oceanco, 117m, 2022)

    24. INFINITY is a 117.0 m Motor Yacht, built in Netherlands by Oceanco and delivered in 2022. Her top speed is 18.0 kn. She can accommodate up to 24 guests in 12 staterooms, with 43 crew members. She has a gross tonnage of 4980.0 GT and a 15.9 m beam. She was designed by Espen Oeino International, who has designed 69 other superyachts in the ...

  7. Infinity megayacht at Derecktor shipyards

    Infinity, a 400-foot megayacht owned by Eric Smidt who owns Harbor Freight, sits tied up at Derecktor Shipyards in the Port of Fort Pierce on Jan. 10, 2023. CONTRIBUTED PHOTO BY ST. LUCIE COUNTY ...

  8. Oceanco Launches 'Infinity,' Its Largest-Ever Yacht

    Meet the 384-Foot 'Infinity,' the Largest Superyacht Ever Built in the Netherlands. It could be a record summer for Dutch shipyard Oceanco. After today's launch of "Infinity" comes the world's ...

  9. Infinity Yacht

    In the world rankings for largest yachts, the superyacht, Infinity, is listed at number 48. She is the 2nd-largest yacht built by Oceanco. Infinity's owner is shown in SYT iQ and is exclusively available to subscribers. On SuperYacht Times, we have 19 photos of the yacht, Infinity, and she is featured in 27 yacht news articles.

  10. 117m Oceanco flagship yacht Infinity delivered

    The 117 metre Oceanco superyacht Infinity, formerly known as Project Y719, has officially been delivered following successful sea trials earlier this year.. Infinity is both the largest yacht ever constructed at Oceanco and the largest to be built in the Netherlands.Although, the record-breaking build is soon set to be superseded by Oceanco's in-build 127 metre sailing superyacht Project Y721.

  11. 117m superyacht INFINITY prepares for sea trials

    By Editorial Team 11 January 2022. After hitting the water for the first time in October, the 117m Oceanco yacht INFINITY (previously known as Project Y719) is currently preparing for sea trials from her base at the yard's facility in Ablasserdam before being delivered to her Owner later this year. The largest Dutch-built superyacht to date at ...

  12. The Infinity Mega Yacht Arrives

    The Infinity Mega Yacht is a 290 foot vessel belonging to Billionaire Eric Smidt, the owner of Harbor Freight Tools. It arrived shortly before it's 226 foot ...

  13. Oceanco 117m Superyacht 'Infinity' Has Been Delivered

    The 117m Oceanco superyacht 'Infinity' has been delivered to her new owner. The Espen Oino-designed vessel marks Oceanco's largest build to date, as well as the largest yacht ever built in The Netherlands! Video: Guy Fleury Boasting best-in-class crew quarters, mechanical systems, and technology, the vessel offers an unrivalled level of onboard comfort, with a focus

  14. Billionaire Superyacht Showdown: Who's Who in St. Barths for ...

    INTREPID (226 feet) support yacht to INFINITY owned by tool retailer Eric Smidt *currently in St Barths. LADY S (225 feet) owned by Daniel Snyder, owner of the Washington Redskins *currently in St ...

  15. Investigating Sinking of the Bayesian Yacht, Officials

    The yacht, he said, had most likely been hit by a fierce downburst — a blast of powerful wind surging down during a thunderstorm — or by a waterspout, a phenomenon similar to a tornado over water.

  16. The 5 tragic minutes that sank a superyacht

    Karsten Borner, the Dutch captain of the Sir Robert Baden Powell, a yacht that was anchored near the Bayesian, said by phone Wednesday that he saw a thunderstorm come in at around 4 a.m. local ...

  17. The Top 40 of the World's Richest Yacht Owners • 2024

    42. Gianluigi Aponte. Gianluigi Aponte. Amo. 47m. All yacht owners are 'rich', but some are richer than others. For example, when a wealthy person is able to purchase a US$ 10 million yacht. His net worth is probably between US$ 50 million and US$ 100 million.

  18. Seven dead in Bayesian yacht sinking disaster

    Built in Italy by renowned builder Perini Navi and delivered in 2008, the yacht's naval architecture was developed by Ron Holland Design while the interior design is by Rémi Tessier.She was formerly known as Salute and was last refitted in 2016. She was listed for sale earlier this year, according to BOATPro.The yacht had accommodation for nine guests and 12 crew.

  19. Sicily yacht: Body of Mike Lynch's daughter found by divers

    The body believed to be that of Hannah Lynch, the 18-year-old daughter of British tech tycoon Mike Lynch, has been recovered from the wreck of the Bayesian superyacht that sank off Sicily this ...

  20. Sicily Bayesian yacht sinking

    The superyacht can accommodate up to 12 guests in six suites, and is listed for rent for up to €195,000 (£166,000) a week. It was built in 2008 by Italian company Perini Navi.

  21. UK tech tycoon Mike Lynch among six missing after yacht sinks

    The Bayesian's registered owner is listed as Revtom Ltd. The superyacht can accommodate up to 12 guests in six suites. The yacht's name is understood to be based on the Bayesian theory, which Mr ...

  22. Yacht Sank in Sicily Due to 'Endless Chain of Errors,' Ship ...

    Giovanni Costantino — who is the CEO of The Italian Sea Group, the company that now owns Perini Navi, which built the Bayesian in 2008 — blames an "endless chain of errors" for the luxury ...

  23. Last moments of Bayesian yacht as it's battered by storm ...

    Newly released CCTV footage has shown the moment the Bayesian superyacht was engulfed by a suspected waterspout. Six passengers onboard the boat, including tech tycoon Mike Lynch, 59, his daughter ...

  24. Mike Lynch's Sunken Superyacht Is Largely Intact, Italian ...

    It was ordered by a Dutch businessman but, in 2005, he was paralyzed in a yachting accident and it was sold on completion to another Dutch owner and renamed Salute, according to yacht brokers.

  25. Bank boss among missing in Sicily yacht disaster

    The Bayesian's registered owner is listed as Revtom Ltd. The superyacht can accommodate up to 12 guests in six suites. The yacht's name is understood to be based on the Bayesian theory, which Mr ...

  26. A $1.4 million vacation? Take a look inside a yacht that costs that

    The 255-foot superyacht Malia hit the market in 2023 with a price tag of $120 million. But she can be yours for $1.4 million per week.

  27. Divers Search Bayesian for Mike Lynch and 5 Others Lost in Sicily Yacht

    The yacht was lying on its right side in about 165 feet of water, meaning that divers, working in pairs, could stay underwater for only about 12 minutes at a time, said Luca Cari, a spokesman for ...

  28. SUPERYACHTFAN • Yacht Owners Directory • SuperYachts • Private Jets

    INFINITY Yacht • Oceanco • 2022 • Owner Eric Smidt. MASQUENADA Yacht • Penglai • 2007 • Owner Pier Luigi Loro Piana. Load more. SY SEA DREAM yacht • Aegean Yachts • 2005 • Owner Burhan Deval. LADY A Yacht • Benetti • 2024 • Owner Yasir bin Othman Al-Rumayyan.

  29. Final Body Is Recovered From Yacht That Sank Off Sicily

    Mr. Lynch's wife, Angela Bacares, was among those who managed to reach the safety of a raft. They were rescued by a sailing schooner that had been bobbing about 150 yards from the yacht.

  30. Mike Lynch death: Tributes flow for Autonomy cofounder and ...

    Lynch, who died at 59 when his yacht capsized in a violent storm off Sicily, was a deeply controversial figure. ... And do read my colleague Eleanor Pringle's piece on X's true owners, ...