Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Israel-Iran conflict and the Fed drove the stock market this week

June 21, 2025

Spurred by US sanctions, China adapts Huawei’s HarmonyOS for microsatellites

June 21, 2025

Spurred by US sanctions, China adapts Huawei’s HarmonyOS for microsatellites

June 21, 2025
Facebook X (Twitter) Instagram
Saturday, June 21
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Superyacht is pulled from the seabed 10 months after sinking off Sicily
Europe

Superyacht is pulled from the seabed 10 months after sinking off Sicily

adminBy adminJune 21, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 6


ROME (AP) — A British-flagged luxury superyacht that sank off Sicily last year, killing U.K. tech magnate Mike Lynch and six others, partially resurfaced Saturday as salvage recovery crews finalized the complex operation to bring it ashore for further investigation.

The white top and blue hull of the 56-meter (184-foot) Bayesian was visible on the surface but was not clear of the sea yet in a holding area of a yellow floating crane barge.

“Pumping out of sea water will continue and it will be lunchtime, following a series of lifting and resting procedures to satisfy the salvage team, before Bayesian is fully and finally out of the water,” said David Wilson, spokesman for TMC Maritime, which is conducting the recovery operation.

The Bayesian sank Aug. 19 off Porticello, near Palermo, during a violent storm as Lynch was treating friends to a cruise to celebrate his acquittal two months earlier in the U.S. on fraud charges. Lynch, his daughter and five others died. Fifteen people survived, including the captain and all crew members except the chef.

Italian authorities are conducting a full criminal investigation.

TMC Maritime said the vessel has been slowly raised from the seabed, 50 meters (165-feet) down, over the past three days to allow the steel lifting straps, slings and harnesses to be secured under the keel.

Eight steel lifting straps are being used to support the hull upright and to form part of a steel wire lifting system that began raising the vessel out of the water Saturday. As it is lifted up, sea water is pumped out of the hull.

TMC Maritime said the vessel will be held upright, out of the water, for checks and preparations for its final journey.

On Sunday, it is anticipated the floating crane platform will move the Bayesian to the Sicilian port of Termini Imerese, where a special steel cradle is waiting for it.

The Bayesian is missing its 72-meter (236-foot) mast, which was cut off and left on the seabed for future removal. The mast had to be detached to allow the hull to be brought to a nearly upright position that would allow the craft to be raised.

British investigators said in an interim report issued last month that the yacht was knocked over by “extreme wind” and couldn’t recover.

The report said the Bayesian had chosen the site where it sank as shelter from forecast thunderstorms. Wind speeds exceeded 70 knots (81 mph) at the time of the sinking and “violently” knocked the vessel over to a 90-degree angle in under 15 seconds.

Lynch, who sold Autonomy, a software maker he founded in 1996, to Hewlett-Packard for $11 billion in 2011, had been acquitted on fraud charges in June 2024 by a federal court jury in San Francisco.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Europe

Belarus frees opposition figure Tsikhanouski after a visit by Trump’s envoy

June 21, 2025
Europe

Ukraine received at least 20 bodies of Russian soldiers in recent exchanges, Zelenskyy says

June 21, 2025
Europe

Paris’ iconic cauldron from the Olympic Games returns to light up summer nights

June 21, 2025
Europe

Azerbaijan court convicts 7 journalists, sentences them to prison

June 20, 2025
Europe

Putin boasts about Russia’s economy despite recession fears

June 20, 2025
Europe

The success of a key NATO summit is in doubt after Spain rejects a big hike in defense spending

June 20, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Inflation expected to lower slightly in Pakistan – Business & Finance

June 21, 2025

Budget FY26: Aurangzeb announces major tax relief for salaried class, solar sector – Business & Finance

June 21, 2025

Federal budget: Business community has serious reservations: Mian Zahid – Business & Finance

June 21, 2025

NA panel approves bringing over Rs10m pension into tax net – Business & Finance

June 21, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Israel-Iran conflict and the Fed drove the stock market this week
  • Spurred by US sanctions, China adapts Huawei’s HarmonyOS for microsatellites
  • Spurred by US sanctions, China adapts Huawei’s HarmonyOS for microsatellites
  • UN needs overhaul to take on today’s global challenges, former chief Ban Ki-moon says
  • Indonesia’s Prabowo openly admires Singapore’s success. What can he ‘copy with pride’?

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Israel-Iran conflict and the Fed drove the stock market this week

June 21, 2025

Spurred by US sanctions, China adapts Huawei’s HarmonyOS for microsatellites

June 21, 2025

Spurred by US sanctions, China adapts Huawei’s HarmonyOS for microsatellites

June 21, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.