Venture Capital Visions
  • Business
  • Politics
  • World News
  • Stock
World News

First major piece of Bayesian superyacht recovered from seabed

by May 20, 2025
May 20, 2025

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
Uranium Stocks: 5 Biggest Companies in 2025
next post
Ukraine, Russia say drone strikes continue after Trump-Putin call

You may also like

Israeli military recovers body of elusive Hamas leader...

June 8, 2025

Israel vows to stop aid boat with Greta...

June 8, 2025

Champion of the people or a traitor? A...

June 8, 2025

Germany plans rapid expansion of outdated bunkers amid...

June 8, 2025

Russia claims to have pushed into central Ukrainian...

June 8, 2025

Desperate to get its illegally detained civilians out...

June 8, 2025

Colombian presidential hopeful Miguel Uribe shot in Bogota

June 8, 2025

Israel says it has killed leader of Palestinian...

June 8, 2025

Bruce Springsteen’s European tour comes with a warning...

June 7, 2025

Planned Russia-Ukraine prisoner swap descends into blame game...

June 7, 2025

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Recent Posts

    • Israeli military recovers body of elusive Hamas leader Mohammed Sinwar

      June 8, 2025
    • Israel vows to stop aid boat with Greta Thunberg and other activists on board from reaching Gaza

      June 8, 2025
    • Champion of the people or a traitor? A new force emerges in southern Gaza

      June 8, 2025
    • Germany plans rapid expansion of outdated bunkers amid fears of Russian aggression

      June 8, 2025
    • Russia claims to have pushed into central Ukrainian region for first time

      June 8, 2025
    • Desperate to get its illegally detained civilians out of Russia, Kyiv offers Ukrainian collaborators in exchange

      June 8, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: venturecapitalvisions.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 venturecapitalvisions.com | All Rights Reserved

    Venture Capital Visions
    • Business
    • Politics
    • World News
    • Stock