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Buy a yacht and experience the very best of the superyacht lifestyle, on your terms. This is yacht purchase by Y.CO.
Yachting. Done Your Way.
Yacht Ownership gives you the freedom to explore anywhere in the world, whenever you want, in an environment tailored to you. A yacht is far more than an asset. It has the potential to transform your life. That's why we work on a long term basis, taking time to get to know you, so we can help you find a yacht you will enjoy for years to come. Then we leverage our in-depth market knowledge and experience brokering some of the most significant yachts in the world to negotiate it at the right price.
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Our team has access to thousands of yachts, both on- and off-market. Your perfect yacht exists. We will find it for you.
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Why Buy a Yacht with Y.CO
Advisors. Not Sales People.
We sell yachts. But we don’t think of ourselves as sales people. We’re advisors. Experts. Passionate people, with an unrivalled understanding of the intricacies of our industry. So you can count on us to leverage our in-depth market knowledge and experience brokering some of the most significant yachts in the world to not only find your perfect yacht, but to negotiate it at the right price.
Honest Advice
Advice that adapts as the market changes. Insider knowledge on hot-to-market yachts. Guidance on when to jump at a purchase, when to jump out. And the honesty to tell which yacht is fit for purpose.
Support at Every Stage
Support not just at the point of purchase, but before and beyond - from arranging technical inspections and offering support during sea trials, to calculating potential charter income, operating budgets or re-sale value.
Passionate Experts
Our team has sailed, lived, worked, raced on yachts across all seven continents. We love yachts. We live and breathe yachts. And we bring that energy, experience and absolute dedication to every single purchase.
Our Sales Team
Meet the Team
Ben Bartlett
Ben is from a family of competitive sailors, giving him the edge when it comes to selling sailing boats. He’s also worked with our clients on new build projects in some of the world’s most iconic shipyards.
Ben Ritchie
Ben started his career on board, and since joining Y.CO in 2017, has represented both buyers and sellers in new build construction and refit as well as sales.
Charlie Birkett
Our Co-Founder and CEO Charlie takes an active role in all our client relationships. An expert negotiator, he’s purchased, sold and managed some of the largest, most complex yacht operations in the world.
Gary Wright
Co-Founder and Chairman Gary's expertise, gained from a long career on board and at the helm of Y.CO, makes him an invaluable and formidable ally for any client entering into a yacht purchase.
James started his career in yacht management, giving him a profound knowledge of the intricacies of ownership, which he uses to inform and advise his clients.
Jonathan Zwaans
Multilingual Jonathan grew up in Monaco and has an impressive network of industry contacts, allowing him to cast the net wide to locate the perfect yacht for his clients.
A former Olympic sailor, Max’s passion for new technologies has allowed him the privilege of securing the sales of some of the most exciting new designs on the water.
Igor Miskovic
Igor started his career in yacht design and has experience in project and fleet management, and uses this depth of experience to provide solid, honest advice.
Toby Nott Bower
A qualified sailor, Toby loves exploring the world and brings his passion for adventure to his dealings with clients, going above and beyond to hunt down special yachts that they’ll love.
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Come Together
"All the benefits of a new build; the latest hybrid technology and design and under warranty - but available immediately." – Ben Ritchie
"The perfect combination of high performance sailing and onboard luxury." – Max Bulley
"Commercially compliant with a proven charter history, Sangha offers great potential as a charter operation.” – Ben Ritchie
"Sensational volume for her size, with a full-beam, two-level master suite" – Jonathan Zwaans
Yachts for Sale by Y.CO
Step Aboard Your Next Adventure
Ready to take the plunge and buy a superyacht? You're in good company. Find your perfect yacht for sale with our purchase inspiration.
Adventure Yachts for Sale
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Everything You Need to Know
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Guide to Buying a Catamaran
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Frequently Asked Questions
What Should I look for Before Buying a Yacht?
Key considerations before buying a yacht include your preferences, intended use, and staying informed about the market. Attending yacht shows or chartering can help define your needs. Working with a knowledgable broker ensures accurate pricing and a seamless buying experience.
How do I buy a yacht?
Speak to your Y.CO Broker who will advise on pricing, offering market comparisons and analysis reports. They will also arrange sea trials and inspections, supported by Y.CO's technical team. Your Y.CO Broker will collect documents and collaborate with all parties for agreement completion.
Can I View the Yacht Before I Purchase?
Yes - in fact it is highly recommended to view as many yachts as possible during the purchase process. Your Y.CO Broker will assist in creating a shortist of yachts, organise private visits, accompany you on board and will help you ask the right questions.
What Happens after Offer Acceptance?
After acceptance of the offer, a sea trial and haul out will be arranged on your behalf. This allows your Y.CO broker, our technical experts and an independent yacht surveyor to verify that all the systems on board the vessel perform as specified.
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View our fleet of superyachts for sale. Discover some of the world’s finest luxury yachts in our selection below.
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The Finest Selection Of Luxury Yachts For Sale
The Moran fleet contains some of the world’s best superyachts for sale. From chic vessels like the UTOPIA IV to large mega yachts like the 95m MADSUMMER, we have something to suit every new owner. We pride ourselves on our expert, up-to-the-minute knowledge of the luxury yacht sales market, and with an enviable fleet, you can be assured that our yacht brokerage team will find the perfect yacht for you at the best possible price.
Moran ensures that every stage of the yacht sale is a pleasurable experience; from browsing our luxury motor yachts for sale to completing the final pieces of paperwork and after-sales support, we’ll be right by your side. But don’t just take our word for it. If you want to buy a yacht or are curious to find out more about our fleet, explore our selection of luxury yachts for sale below or get in contact today.
DARE TO DREAM
PATTI & ME
540 Sport Coupe
CA’D’ZAN
BAGLIETTO 48M
45M HAKVOORT
Yachts For Sale
New and used boat and yacht sales with guidance every step of the way..
Our Bluewater yacht brokers have years of yachting expertise in the marine industry with in-depth knowledge of yacht sales, long standing relationships with shipyards and marinas and yacht crew alike.
Whether you want to purchase your first yacht, upgrade or sell your current vessel, our aim is to find your perfect yacht or the ideal buyer.
Bluewater’s expert brokerage services put buyers and sellers first, ensuring you are at the forefront of the fast-moving yacht sales market.
Bluewater prides itself on exceptional sales advice, market intelligence and sourcing the right yacht at the right price. No matter where you are based, you can benefit from listing or purchasing your yacht with our yacht brokers who are leading worldwide yacht sale experts in major yachting destinations such as the Caribbean, Fort Lauderdale and the Mediterranean.
We’re passionate about yachting and helping our clients by offering a full service and unrivalled support from start to finish – our commitment is defined as ‘One Company, One Complete Service’ with listings for a large selection of yacht brands such as Azimut, Benetti, Sunseeker and Princess Yachts, as well as departments dedicated to yacht charter, yacht management, yacht crew placement and crew training, to ensure we can cater for all of your yachting requirements.
Contact us today to find your dream yacht.
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Endless Summer
- €2,950,000
Moonraker II
- €990,000
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- €5,500,000
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SEAGULL MRD
- €27,900,000
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- €1,850,000
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- €3,200,000
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Luxury Sailing Yachts for Sale
142 sailing yachts for sale worldwide.
If you’re ready to feel the wind in your hair and the ocean rushing under the keel, then you are ready for a sailing yacht. Northrop & Johnson offers one of the industry’s most extensive and comprehensive inventories of sailing yachts for sale. A sailing yacht will be at the top of your list if you’re keen on a genuine connection to the sea. Northrop & Johnson’s dedicated sailing yacht brokers are experts in their field. They are able to match you with the perfect sailing yacht for your needs through our extensive global database and their personal network. Check out our selection of sailing yachts for sale and reach out with any questions or to begin the process of purchasing the sailing yacht of your dreams.
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Benefits of a Sailing Yacht
While they may be outnumbered on the water by motor yachts, sailing yachts present a unique showcase of features. If you’re interested in regatta capabilities to stellar eco-friendly performance, a sailing yacht is definitely for you. You just can’t beat the music of the wind in your sails while lounging on your deck.
Here are three benefits of sailing yachts:
- Eco-friendly. Hoist the sails, ladies and gentlemen. Your sailing yacht is more eco-friendly than its motor-powered peers.
- Traditional elegance. If aesthetics are important to you, sailing yachts feature unrivaled elegance in appearance. These yachts achieve an equilibrium of conventional beauty and modern comforts.
- Cost-effective . Since your sails will be doing a lot of the work, the fuel costs with your new sailing yacht will be less than that of a motor yacht.
Is a Sailing Yacht Right for You?
If you’re looking for the spirit of adventure and exploration of vibrant destinations, a sailing yacht might be right for you. Sailing yachts offer you the flexibility to enjoy exotic adventures in extraordinary accommodations.
Sailing yachts offer lower-tech construction methods that can be less expensive. Their motion comfort is superb, with smooth hull sections that lend to clean cruising. They also tack easily, with a mix of weight from a homogeneous mass and a pivotable keel.
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Whether you are taking the very first step towards Superyacht ownership or already have a fleet, purchasing a pre-owned luxury yacht can be as daunting as it is exciting.
At TWW our decades of experience, savvy market intelligence, good intuition and strong industry relationships will ensure that you enjoy the process, which concludes with you owning the right yacht in the right timeframe at the best price.
Offering advice and assurance at every step or managing the entire transaction on your behalf, we will work tirelessly in your best interests. After all, our reputation depends on it.
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Most Luxurious Burgess Yachts for Sale in 2022
By Danny Wiser
With offices across the world, renowned yachting broker Burgess continues to offer an array of phenomenal superyachts to the market. Here is a sneak preview of our favourite listed for sale this year...
Invictus 66m ( Listed for $100,000,000 )
With an internal volume of a much larger yacht, Invictus' six decks offers guests an immense amount of space both inside and outside. Packed with entertaining ameneties, her most notable feature is her sky lounge which converts to a Parisian-style nightclub, an aspect which the revellers amongst her twenty guests are certain to enjoy.
Galactica Super Nova 70.1m ( Listed for €75,000,000 )
Renowned for her beauty, Galactica Super Nova was developed with experts at the helm. Espen Oeino was in charge of her exterior design whilst Sinot Yacht Design crafted the interior styling. Her Rolls Royce waterjets and twin MTU diesel engines help her to achieve up to 30 knots, allowing her 12 guests to cruise the high seas at high speeds.
Secret 82.5m ( Listed for €94,500,000 )
Having undergone a refit five years after her build in 2013 the Abeking & Rasmussen motor yacht is now available for sale with Burgess. A global voyage is made possible with her range of 5,000nm and with room for 23 crew members her guests' comfort will always be ensured on such an expedition.
O'Ptasia 85m ( Listed for €89,999,000 )
The Greek-built and designed fleet screams sophistaction and style. With ample space for up to 23 guests O'Ptasia is ideal for large gatherings. Packed with plenty of spaces in which guests can relax including a wellness centre, enormous beach club and multiple sunbathing areas O'Ptasia makes for a perfect environment to detach from the stresses of the outside world.
Victorious 85m ( Listed for €125,000,000 )
With a range of 8,000nm this explorer yacht comes with a remarkable journey of her own already under her belt. After 14 years in the making Victorious was finally launched in 2021 after her owner Vural AK set up his own shipyard in Turkey in order to complete the long awaited construction there. Her interior was designed by London-based specialists H2 Yacht Design.
Tranquility 91.5m ( Listed for €149,900,000 )
Oceanco's exploration vessel is an appealing buy for a variety of reasons. Her stunning Eastern-inspired interior, which features a variety of exotic materials from bamboo, wenge to gold leaf. With many ammenities dedicated to relaxation Tranquility certainly lives up to her name.
Luminosity 107.6m ( POA )
One of two 100m+megayachts for sale with Burgess, Luminosity is the newer of the builds. Italian shipyard Benetti have produced a gorgeous design that bridges together style with modern technologies. Packed with incredible features such as her dance floor, private health club and sea level spa it seems Luminosity truly has something for every type of guest.
IJE 108m ( Listed for €175,000,000 )
The largest yacht for sale with Burgess, IJE is Benneti's longest ever megayacht making her the flagship of their custom fleet. With stowage for two 12m tenders, open air dining for summer nights and a nightclub IJE takes into account the desires of all of her 22 guests. With accomodation for 30 crew and a plethora of other amenities, including elevator access to each deck, IJE is a marvellous option for those looking at the higher-end of the superyacht market.
"Burgess is delighted to announce its appointment as Central Agent for the sale of the magnificent 108m IJE" Burgess
"Burgess is delighted to announce its appointment as Central Agent for the sale of the magnificent 108m IJE"
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Companies linked to this story, yachts in this story, more news from ..., brokerage news.
IJE - a broker's view.
Published 21 September 2021
Senior Partner and Senior Sales Broker Peter Brown talks to Burgess News about IJE, one of nine new additions to our sales fleet .
Watch the ije video below and take the virtual tour at the bottom..
Describe IJE
The owner has a dream build team, one that has built several yachts. Each is a remarkable achievement and IJE, it's safe to say, tops them all. She is a tour de force and the longest Benetti ever built.
The briefest glance will tell you that the beautifully balanced exterior lines bear the distinctive signature of sought-after star studio RWD. The owner's team worked very closely with them to perfect the look of decks seeming to float one above the other.
Inside she has wonderfully informal beach-house style, airy, welcoming and restful, which is perfect for a family yacht. Another stamp of excellence is expert naval architecture by PierLuigi Ausonio.
Most appealing features?
In the main saloon the full-height glass walls can slide back to open the space up. The difference that makes is hard to explain but it completely changes the environment.
Sound becomes softer and you can hear the sea, the air and light change to make it a shaded outside space. The entire experience is so much more restful. It's a break-through piece of design.
The main deck aft has a good-sized pool, open-air dining, a bar, several different lounge areas including a TV lounge - everything families need to spend the day together.
There's a fully equipped lower deck gym with one of the largest sea terraces I've seen on a yacht of this size, and opposite is the tender and toy garage, which is packed with the latest kit.
She has two 12m (40ft) tenders on the foredeck to take extended families ashore together. That longer length means they're faster, more comfortable, carry more people and equipment and have better range.
There are eleven cabins for 22 guests, including a private owner's deck with walkaround sidedecks and a bedroom suite with direct access to the foredeck helipad.
An elevator connects lower to bridge decks and there is corridor access from the lower deck lobby to the beach club so that all generations of the family can enjoy step-free time together.
There's a dedicated cinema, a very private nightclub complete with fully equipped bar, lighting and sound systems and DJ station, and a bridge deck games room with access to the aft deck's firepit lounge.
The main deck has a beauty treatment room and hair salon and a massage room equipped to double as a hospital. She has everything any family could want or need for extended cruising.
Need to know?
Right from the start, she was intended to be a world-cruising family yacht, one that could take the owner and their family cruising in any part of the world, places where the weather is not always reliable. To keep everyone on board comfortable, underway or at anchor, she has two sets of Naiad stabilisers.
In more and more locations anchoring is not allowed to protect reefs and seabeds so she has been fitted with a Rolls-Royce dynamic positioning system to hold position without having to anchor.
Operating in the Mediterranean, yachts are generally well catered for and there are plenty of diversions ashore. When you get off the beaten track, which IJE was designed and built to be able to do, the infrastructure can become indifferent, distances greater, comfort and entertainment on board more important.
IJE delivers the same seven-star experience anywhere in the world. She has always been professionally maintained and was designed to facilitate regular maintenance - another benefit of built-in experience. She is a remarkable achievement and her next owner will be the first to appreciate that.
If you missed her at the recent Monaco Yacht Show and would like to find out more or arrange an inspection, do please contact a Burgess broker . We will be very happy to assist.
To find out more about Burgess’ yachts for sale and yachts for charter , please contact a Burgess broker . Alternatively, get in touch with one of our offices directly: London , Monaco , New York , Miami , Singapore or all other locations .
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Buying a yacht in Russia
Would you like to buy a dream yacht? Will it be a motor or sailing ship? A luxury ocean yacht for sailing long distances or a small model adapted for fishing? The catalog of our company contains a large number of proposals for the sale of yachts in Russia and other countries. We also offer our services in the purchase of yachts in various technical conditions. Thanks to a wide selection of offers, both beginners in yachting and experienced professionals can take advantage of our services - an impressive assortment of vessels successfully combines with a wide range of prices.
You can choose a suitable vessel and buy a yacht in Russia using the capabilities of our company - experienced brokers are employed in 2yachts, ready to confidently and safely guide you through the process of buying or selling a vessel.
Before putting each offer to public access, we carefully check the legal cleanliness of the vessel and study the history of its operation. The managers of the company engaged in this market for a long time and possessing practical knowledge on the operation of yachts in different regions can help you with its purchase and sale.
You can choose a yacht for purchase in Russia , and we will draw up a formal contract, ensure the legal purity of the transaction and consultations on any aspects of owning a ship. At the same time, the confidentiality of your personal information is guaranteed.
If you are looking for a sailing yacht with high driving performance or a motor yacht with excellent controllability, then contacted us at. 2yachts company is a service for selecting the best trading offers from popular world yacht manufacturers. With us you can pick up a yacht that is a combination of unsurpassed quality, functional and efficient equipment and innovative solutions - a vessel that brings maximum pleasure from boat trips.
You can buy a yacht in Sochi or in St. Petersburg in order to be able to get an unforgettable experience of being on the water alone, with a group of friends or surrounded by family members. A walk on a sea yacht is an ideal way to get away from the bustle of the city with its eternal traffic jams and unplanned phone calls to enjoy beaches with azure waters, as well as romantic views and picturesque sunsets. Sea yachts are designed for long-distance travel and have great power, they are also distinguished by good maneuverability and dynamism. We will help you realize your dream, if you feel a craving for adventure and newness - we will choose a yacht with the best value for money.
Factors Affecting Cost
Buying a yacht in Russia is a rather time-consuming and lengthy process that requires the participation of professional yacht brokers. Depending on the condition of the vessel, the year of manufacture, the quality of its equipment, class and size, the acquisition cost can vary greatly. There are several indicators on which the cost of buying a yacht will depend :
- Manufacturer, or shipyard - the most famous manufacturers with expensive products are concentrated mainly in European countries, and the most budget yachts are assembled in shipyards of the countries of Asia and the Middle East;
- Equipment - sometimes the internal filling is made to order, and in some cases it is standard equipment with less power, comfort, speed, etc. In this regard, the cost of ships even from one manufacturer can vary greatly;
- Ship design;
- The age of the yacht.
Also, sailing yachts for sale in Russia cost the buyer less than similar motor lengths, but yachts with a history do not always cost less than recently launched ones. Often, the previous owners are engaged in the modernization of the vessel, installing expensive additional equipment on it or customizing the yacht - in this case, the price for it increases significantly. And sailing yachts often participate in regattas, where they can take prizes and eventually acquire a name - this also leads to a rise in the cost of the vessel.
Note that the cost of a yacht in Russia will be significantly different depending on the length of the vessel. You can always check the final cost of the vessel with a yacht broker, and since this market is very lively, the price can change even during the time during which you pick up a yacht.
You can find out the price of the selected vessel and its technical parameters in our catalog, and you can leave a request for purchase directly on the website, online. To choose a yacht for purchase , you can use the help of our broker for the sale of yachts - our specialists are in collaboration with their colleagues around the world to be able to cover the entire market. Ask our manager your questions to get detailed information on the yacht you are interested in.
We wish you success in conducting transactions on the yacht market!
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All about the $40m bayesian yacht that capsized, leaving 6 dead and 1 still missing.
The massive superyacht Bayesian that sank off the coast of Italy on Monday won numerous awards for its sleek interior design — and was sold to its original owner for nearly $40 million.
The luxury sailing ship was carrying 22 people when it capsized and sank during a fierce storm early Monday.
The bodies of five of six missing passengers, including British tech tycoon Mike Lynch , 69, have been recovered. His daughter, 18-year-old Hannah, is the only one of six known killed in the tragedy yet to be found, a source close to the rescue operation told Reuters.
The ship’s chef, Recaldo Thomas, has also been confirmed dead.
Divers continued searching the wreckage of the 184-foot-long, British-flagged vessel, previously called Salute, on Wednesday after discovering four of the bodies.
When it was built in 2008, the Bayesian had the tallest aluminum mast in the world, standing at 237 feet, earning it the award for best exterior styling at the World Superyacht Awards in 2009, the Telegraph reported.
The sprawling superyacht’s interior, decorated with sleek, minimalist furnishings created by Remi Tessier, has also won numerous awards.
The ship, which accommodated 12 guests, had a master bedroom and three double and two twin bedrooms.
It also featured beige sofas, dark wood furnishings, and a teak deck equipped with a large canvas awning to keep guests cool, according to the outlet.
Some of the ship’s styling, including thin brown pillars and miniature terra cotta sculptures, was inspired by Japanese culture.
What to know after a tornado sank the yacht Bayesian off the coast of Sicily:
- A superyacht capsized off the coast of Sicily after a tornado hit the area early Monday, killing seven passengers.
- British tech tycoon Mike Lynch was identified as one of the bodies pulled from the wreckage. His teenage daughter, Hannah, was the final one to be recovered.
- Lynch — known as “Britain’s Bill Gates” — had invited guests from Clifford Chance, a legal firm that represented him, and Invoke Capital, his own company, on the voyage, according to the Telegraph .
- Security camera footage shot from 650 feet from where the Bayesian sank Monday shows it disappearing.
- A rare and unexpected “black swan” weather event may have led to the Bayesian’s speedy demise , maritime experts say.
The extravagant ship won best interior at the International Superyacht Society Awards in 2008 and was also voted one of the best large sailing yachts at the 2009 World Superyacht Awards, according to the outlet.
The yacht’s original owner, John Groenewoud, a Dutch real estate developer, reportedly bought the ship for £30 million ($39 million) when it was built. In 2014, he sold the ship with an asking price of £27 million ($35 million).
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The Bayesian is currently owned by Revtom, a company that listed Lynch’s wife, Angela Bacares, as its legal owner.
It was named after the Bayesian statistical model that helps financial investors calculate risk — the subject of Lynch’s PhD that later helped him build his empire.
The vessel, operated by yachting company Camper & Nicholsons, had twin 965hp MTU engines, which gave it a range of 3,600 nautical miles at 13 to 15 knots (14 to 17 mph).
RSB Rigging carried out rig service works on the ship with Astilleros de Mallorca, a shipyard facility in Palma, in November 2016.
The Bayesian returned in September 2020 for scheduled service works, including having its mast removed and reinstalled.
Steve Branagh, managing director of RSB Rigging, told the Telegraph: “At this time, our deepest sympathies go out to the friends and families of all those affected by this dreadful tragedy.”
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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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Who was onboard tech mogul Mike Lynch's Bayesian yacht?
Topic: Disasters, Accidents and Emergency Incidents
Six people are missing, including a man dubbed the British Bill Gates, after a luxury yacht sank off the Sicilian coast.
British tech entrepreneur Mike Lynch — freshly acquitted from a decade-long trial — had invited his work colleagues aboard a trip through the Mediterranean coast when a freak storm saw the yacht sink within moments.
Fifteen people escaped from the sinking vessel. The search for the missing continues.
Here's what we know so far:
What happened?
The Italian coastguard said the yacht — the Bayesian — was anchored off the shore of port city Porticello, near the Sicilian capital Palermo, when it was hit by bad weather sometime after 4am on Monday, local time.
Eyewitnesses said it vanished quickly beneath the waves shortly before dawn.
Managers of the sailing vessel Bayesian, Camper & Nicholsons, confirmed to the ABC that the Bayesian encountered severe weather and subsequently sank.
"Our priority is assisting with the ongoing search and providing all necessary support to the rescued passengers and crew," they said.
"The wind was very strong. Bad weather was expected, but not of this magnitude," a coastguard official told Reuters.
Sicily's civil protection agency head, Salvo Cocina, said a waterspout — a tornado over the water — could have struck the yacht.
"They were in the wrong place at the wrong time," Mr Cocina added.
Storms and heavy rainfall had swept down Italy in recent days after weeks of scorching heat, lifting the temperature of the Mediterranean Sea to record levels and raising the risk of extreme weather conditions, experts told Reuters.
"The sea surface temperature around Sicily was around 30 degrees Celsius, which is almost 3 degrees more than normal. This creates an enormous source of energy that contributes to these storms," meteorologist Luca Mercalli said.
Rescuers recover the body of one of the people aboard the Bayesian. ( AP: Lucio Ganci )
Captain Karsten Borner of the Sir Robert Baden Powell vessel told journalists he noticed the Bayesian nearby during the storm, but after it calmed he saw a red flare and realised the ship had simply disappeared.
Mr Borner said he and a crew member boarded their tender and found a lifeboat with 15 people, some of them injured, who they then took aboard and alerted the coast guard.
Search crews, including helicopters and divers, are continuing to search the wreckage, lying at a depth of 49 metres.
Specialist divers reached the ship on Monday but access was limited due to objects in the way, the fire brigade said.
The UK Marine Accident Investigation Branch is deploying a team of four inspectors to Italy to conduct a preliminary assessment.
The Foreign Commonwealth and Development office said it was "providing consular support to a number of British nationals and their families".
Sicilian prosecutors have also opened an investigation into the event.
Who is missing?
Lawyer Chris Morvillo (left), entrepreneur Mike Lynch, and Morgan Stanley chairman Jonathan Bloomer are among the missing.
There were 12 passengers and 10 crew members aboard the yacht.
Mr Cocina said the crew and passengers hailed from a variety of countries, including Britain, the United States, Antigua, France, Germany, Ireland, Myanmar, the Netherlands, New Zealand and Spain.
Of the 22, one man is confirmed dead and another six people are still missing.
They are believed to be inside the hull, fire rescue spokesperson Luca Cari said.
Fabio Cefalù, a fisherman who said he responded to a flare from the vessel but found it sunk, said he stayed at the site for three hours without finding anyone.
"I think they are inside, all the missing people," he said.
Rescue teams recovered the body of the yacht's onboard chef on Monday, identified as Antiguan citizen Ricardo Thomas.
The still missing people include:
- Mr Lynch's 18-year-old daughter, Hannah
- Jonathan Bloomer, chairman of global financial services company Morgan Stanley International
- Chris Morvillo , a lawyer at the British multinational law firm Clifford Chance. He worked on Mr Lynch's lawsuit against Hewlett-Packard
- The identities of the remaining two missing are still unconfirmed
Who was rescued?
Fifteen people escaped from the sinking ship.
Eight have been hospitalised and others were taken to a nearby hotel.
Charlotte Golunski was among those rescued, recalling the harrowing moments she held her child Sofia above the waves. ( Supplied: Facebook )
Among those rescued were:
- Mr Lynch's wife, Angela Bacares, who was the owner of the yacht
- Charlotte Golunski and her one-year-old daughter, Sofia. Ms Golunski is a partner at Mr Lynch's firm, Invoke Capital. She says she momentarily lost hold of Sofia in the water but managed to hold her up above the waves until the lifeboat was inflated
- Ms Golunski's husband James Emslie
- New Zealand captain of the yacht James Catfield. He told Italian newspaper La Repubblica the crew didn't see the storm coming
- A lone Dutch citizen was identified by the Dutch foreign ministry as being rescued, but was not identified
Who is Mike Lynch?
Mr Lynch, once hailed as Britain’s king of technology, was recently freed from a Silicon Valley lawsuit that tarnished his legacy.
The 59-year-old Cambridge-educated mathematician created Autonomy , a search engine that could pore through emails and other internal business documents to help companies find vital information more quickly.
He received the OBE for his innovation in 2006.
He then sold the software to Hewlett-Packard (HP) for $US11 billion ($16 billion) in 2011, with Mr Lynch personally netting $US800 million.
HP valued Autonomy at $US46 billion ($68 billion) in the months leading up to the deal.
Mike Lynch in 2019 leaving the High Court in London. ( Reuters: Henry Nicholls/File Photo )
But the deal quickly turned sour after he was accused of forging the software's financial records to make the sale.
As part of a decades-long legal battle against HP, Mr Lynch was extradited to the UK on criminal fraud charges.
He steadfastly denied any wrongdoing, asserting that he was being made a scapegoat for HP's own bungling.
He was eventually cleared of all charges in June this year.
Although he avoided a possible prison sentence, Lynch still faced a bill from a civil case in London that HP mostly won during 2022. Damages haven't been determined in that case, but HP is seeking $US4 billion.
Following the San Francisco trial, Mr Lynch said he would return to the UK and do what he loved most: "[being with] my family and innovating in my field."
The holiday appeared to be something of a celebration after Mr Lynch's acquittal, with guests including some of the people who had stood by Lynch throughout the ordeal.
This picture shows the rescue operations off the Sicilian coast. ( AP: Italian Coast Guard )
In a separate act of tragedy, Mr Lynch's co-defendant in the trial, Stephen Chamberlain, died on Monday, after a road accident left him critically injured.
Mr Chamberlain — Autonomy's former vice-president of finance alongside Mr Lynch — was hit by a car in Cambridgeshire on Saturday morning and had been placed on life support.
What is the Bayesian?
The luxury yacht is 56m long sailboat, with a 75m mast labelled as the tallest aluminium mast in the world.
It was previously named Salute when it flew under a Dutch flag.
The yacht, built in 2008 by the Italian firm Perini Navi, can accommodate up to 12 guests in six suites and a crew of 10, according to online specialist yacht sites. It was last refitted in 2020.
Online charter sites listed it for rent for up to 195,000 euros (about $AU 321,000) a week.
This picture taken on Sunday shows the Bayesian (left) and the Duch sailboat Sir Robert Baden Powell anchored off the coast line. ( AP: Fabio La Bianca/Baia Santa Nicolicchia )
The ship also won a string of awards for its design.
Ms Golunski said the yacht had travelled through the Aeolian Islands, Milazzo and Cefalù before sinking.
It is likely the yacht's name would resonate with Mr Lynch because his PhD thesis and the software that made his fortune was based on Bayesian theory.
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.’
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
MORE : Woman sick of potholes risks her health to fix them
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