Major Financial Rules
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
Major Financial Rules
No Result
View All Result
Home Latest News

Operation to recover sunken Bayesian superyacht begins off coast of Italy

admin by admin
May 5, 2025
in Latest News
0
Operation to recover sunken Bayesian superyacht begins off coast of Italy
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Marine salvage experts on Sunday began operations to recover from the seabed off Italy’s Sicilian coast the British-flagged superyacht “Bayesian,” which sank last summer, killing UK tech magnate Mike Lynch, his daughter and five others.

Operations will be conducted by two floating cranes: “Hebo Lift 2,” which has remotely operated underwater equipment and vehicles, and “Hebo Lift 10,” one of the most powerful maritime cranes in Europe, which docked Saturday in the Sicilian port of Termini Imerese after arriving from Rotterdam.

The Italian coast guard is supervising operations and patrolling the security perimeter to ensure the safety of personnel working on the recovery. It said that the overall operation to retrieve the Bayesian could take from 20 to 25 days. After the wreck is brought ashore, judicial authorities investigating the sinking will examine it.

Prosecutors are investigating the captain and two crew members for possible responsibility in connection with the August 19, 2024, sinking. The 56-meter (183-foot)-long, 473-ton yacht sank during what appears to have been a sudden downburst, or localized powerful wind from a thunderstorm that spreads rapidly after hitting the surface.

The yacht’s 75-meter (246-foot) aluminum mast – the second tallest in the world — will be cut to allow the hull, which lies 49 meters (160 feet) below the surface, to be brought to the surface more easily, said coast guard Capt. Nicola Silvestri.

In addition to Lynch and his 18-year-old daughter Hannah, Morgan Stanley International Chairman Jonathan Bloomer and wife Judy, attorney Chris Morvillo and wife Neda, and ship’s cook Recaldo Thomas died in the shipwreck.

With the help of nearby vessels, 15 of the 22 people were rescued in the initial phase, one body was recovered, and six others reported missing. The bodies of the six missing people were found following long and complex search efforts, which continued until August 23.

This post appeared first on cnn.com

Previous Post

Deported from Florida to Cuba, this mom saw her 17-month-old US daughter – and her American dream – ripped away

Next Post

Russia’s Putin says he hopes there will be no need to use nuclear weapons in Ukraine

Next Post
Russia’s Putin says he hopes there will be no need to use nuclear weapons in Ukraine

Russia’s Putin says he hopes there will be no need to use nuclear weapons in Ukraine

  • Trending
  • Comments
  • Latest
Trump Administration Fast Tracks Permitting for Key US Mining Projects

Trump Administration Fast Tracks Permitting for Key US Mining Projects

April 24, 2025
This 1,000-mile river suffered decades of oil spills. Now it’s a legal person, things could change

This 1,000-mile river suffered decades of oil spills. Now it’s a legal person, things could change

April 21, 2025
Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

April 23, 2025
China’s Xi heads to Southeast Asia to strengthen ties as Trump focuses his trade war on Beijing

China’s Xi heads to Southeast Asia to strengthen ties as Trump focuses his trade war on Beijing

April 14, 2025
Navigating Earnings: Three Stocks, Three Different Stories

Navigating Earnings: Three Stocks, Three Different Stories

0
Tanzania’s top opposition party disqualified from polls, election commission says

Tanzania’s top opposition party disqualified from polls, election commission says

0
Pressures from Kyiv and Washington led to US ambassador’s resignation, sources say

Pressures from Kyiv and Washington led to US ambassador’s resignation, sources say

0
British government takes over running of UK’s last major steel plant from Chinese owner Jingye

British government takes over running of UK’s last major steel plant from Chinese owner Jingye

0
Navigating Earnings: Three Stocks, Three Different Stories

Navigating Earnings: Three Stocks, Three Different Stories

May 13, 2025
Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

May 13, 2025
Britain sets out plan to toughen rules on migration, as Starmer combats surge in support for populists

Britain sets out plan to toughen rules on migration, as Starmer combats surge in support for populists

May 13, 2025
Mexican mayoral candidate gunned down during live broadcast of campaign rally

Mexican mayoral candidate gunned down during live broadcast of campaign rally

May 13, 2025
Master Your Money – Sign Up for Our Financial Education Newsletter!

    Ready to take your financial knowledge to the next level? Our newsletter delivers easy-to-understand guides, expert advice, and actionable tips straight to your inbox. Whether you're saving for a dream vacation or planning for retirement, we’ve got you covered. Sign up today and start your journey to financial freedom!

    Recent News

    Navigating Earnings: Three Stocks, Three Different Stories

    Navigating Earnings: Three Stocks, Three Different Stories

    May 13, 2025
    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    Unlock the Power of StockCharts’ NEW Market Summary Dashboard | Walkthrough & Tips

    May 13, 2025
    Britain sets out plan to toughen rules on migration, as Starmer combats surge in support for populists

    Britain sets out plan to toughen rules on migration, as Starmer combats surge in support for populists

    May 13, 2025
    Mexican mayoral candidate gunned down during live broadcast of campaign rally

    Mexican mayoral candidate gunned down during live broadcast of campaign rally

    May 13, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: majorfinancialrules.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 majorfinancialrules.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: majorfinancialrules.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 majorfinancialrules.com | All Rights Reserved