Économie

Bayesian Yacht: the business angle

An investigation has found that the sinking of a Bayesian superyacht off the coast of Sicily, was not caused by a storm as originally suspected, according to reports.

3 min
Bayesian Yacht: the business angle
An investigation has found that the sinking of a Bayesian superyacht off the coast of Sicily, was not caused by a storm Credit · Sky News

An investigation has found that the sinking of a Bayesian superyacht off the coast of Sicily, was not caused by a storm as originally suspected, according to reports. Bayesian Yacht has emerged this Friday as one of the stories drawing attention in Canada.

Key facts

  • An investigation has found that the sinking of a Bayesian superyacht off the coast of Sicily, was not caused by a storm as originally suspected, according to reports.
  • The MAIB report also challenged claims made by yacht builders The Italian Sea Group, finding that the Bayesian would capsize at a 70.6-degree heel, contrary to the builder’s assertion that it could recover from 73 degrees.
  • Investigators found the sinking of the Bayesian superyacht was not caused by extreme weather conditions.
  • Billionaire Mike Lynch and his 18-year-old daughter were killed in the incident.
  • The 56-metre (184ft) Bayesian sank off the coast of the Italian island on 19 August 2024, killing seven people including British billionaire and tech entrepreneur Mike Lynch and his 18-year-old daughter.

What we know

Going deeper, the MAIB report also challenged claims made by yacht builders The Italian Sea Group, finding that the Bayesian would capsize at a 70.6-degree heel, contrary to the builder’s assertion that it could recover from 73 degrees.

On the substance, Investigators found the sinking of the Bayesian superyacht was not caused by extreme weather conditions.

Beyond the headlines, Billionaire Mike Lynch and his 18-year-old daughter were killed in the incident.

More precisely, the 56-metre (184ft) Bayesian sank off the coast of the Italian island on 19 August 2024, killing seven people including British billionaire and tech entrepreneur Mike Lynch and his 18-year-old daughter.

It is worth noting that Last May, an interim report into the sinking, released by the Marine Accident Investigation Branch (MAIB), showed wind speeds of 63.4 knots (73.0mph) on the yacht’s beam were sufficient to tip it over.

By the numbers

At this stage, the Bayesian was recovered from the sea 10 months after its sinking following a multi-million-pound operation.

On a related note, At the time of its sinking, 22 people were on board.

Going deeper, a coastguard official in Palermo said that bad weather had been expected but not of the magnitude witnessed, with winds of up to 90mph recorded on the day.

On the substance, She told doctors that at 4am, the boat had tilted and she and her husband were woken up.

The wider context

On a related note, Preliminary findings suggest that the yacht is thought to have sunk due to improper actions of the boat crew and their underestimation of the weather with certain safety devices not being activated properly.

Going deeper, the investigation is also exploring the possibility of alleged crimes, including negligent shipwreck and multiple counts of manslaughter for the yacht’s captain and two of its crew members.

On the substance, the yacht’s manufacturers, Italian prosecutors, British marine investigators and survivors have all made different claims about why the boat sank so suddenly.

Beyond the headlines, the report suggested the structure may have compromised the boat’s stability in “motoring mode,” vulnerabilities that were not included in the yacht’s stability manual.

More precisely, Giovanni Costantino, the Chief of TISG, has described the yacht as “unsinkable” and claimed the crew must have left doors or hatches open, allowing water in.

The bottom line

  • The MAIB report also challenged claims made by yacht builders The Italian Sea Group, finding that the Bayesian would capsize at a 70.6-degree heel, contrary to the builder’s assertion that it could recover from 73 degrees.
  • The 56-metre (184ft) Bayesian sank off the coast of the Italian island on 19 August 2024, killing seven people including British billionaire and tech entrepreneur Mike Lynch and his 18-year-old daughter.
  • The Bayesian was recovered from the sea 10 months after its sinking following a multi-million-pound operation.
  • Searches spiking right now: New report gives verdict on why Bayesian superyacht sank, Bayesian superyacht sinking did not happen due to storm, investigators find, Bayesian superyacht sinking that killed seven including billionaire 'NOT caused by storm', Bayesian yacht: Investigators reportedly find storm not reason for sinking.
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