Latest news with #ItalianSeaGroup
Yahoo
08-05-2025
- Business
- Yahoo
Giorgio Armani Designed This New 236-Foot Megayacht, and It Just Hit the Water
Giorgio Armani's signature glamour is finally heading to the seas. The Italian creative is designing two superyachts for the Italian Sea Group, and the first has just launched out of the shipbuilder's Marina di Carrara headquarters. The 236-foot (72-meter) behemoth, built under the group's Admiral brand, will make its public debut at the Monaco Yacht Show later this year. More from Robb Report Inside the Aviator, a $7.5 Million Flight-Inspired Home on a Rugged Mountaintop High Above Malibu The Dalmore Just Dropped a Rare Duo of 17-Year-Old and 52-Year-Old Whiskey The Obamas' Former Martha's Vineyard Getaway Hits the Market for $39 Million Armani told Robb Report last year that his blueprints were inspired by the clean lines of military vessels 'and the optimization of space characteristic of old ships—away with all the infrastructures that can normally be seen, such as the tenders.' And you can certainly see that in the above image: The superyacht is full of svelte, curved lines that come together to form a rather sleek, gold-colored structure, comprised of satin aluminum with stainless-steel details. There are plenty of floor-to-ceiling windows on board, too, opening the inside to the sea. The superyacht's upper decks, meanwhile, offer up a 'suspended terrace' design, according to the brand; the area is home to an open-air lounge and a helipad. The project was also completed in partnership with Centro Stile, also owned by the Italian Sea Group. Inside the golden vessel, Armani/Casa brought the interiors to life. In this space, the designer's influence is impossible to miss: It's reminiscent of Armani's luxurious designs, with Black Marquinia marble, golden Calacatta, and Canaletto walnut found throughout, accented by bold decor. 'This yacht represents the confluence of Giorgio Armani's poetic elegance and The Italian Sea Group's technical excellence,' says Giovanni Costantino, founder and CEO of the Italian Sea Group. 'A creative journey that has turned a dream into a reality that sails the seas with grace.' Armani's journey with the Italian Sea Group has been brewing since 2021, when the brand invested in the shipbuilder. And, as we mentioned, the Armani-Italian Sea Group duo isn't done yet. The pair will also be dreaming up another superyacht sometime soon, so keep your eyes out for any updates on project No. 2. Plus, considering that the Italian Sea Group also has Tecnomar, Tecnomar for Lamborghini 63, and Perini Navi under its umbrella, it'll be plenty busy until that next launch. Best of Robb Report The 2024 Chevy C8 Corvette: Everything We Know About the Powerful Mid-Engine Beast The World's Best Superyacht Shipyards The ABCs of Chartering a Yacht Click here to read the full article.


Dubai Eye
08-05-2025
- Business
- Dubai Eye
Salvage to begin in Italy for Lynch's yacht after fatal sinking
The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August. The 56-metre-long (184-foot) Bayesian, with its majestic single 72-metre mast, was moored off the small port of Porticello when it was likely hit by a downburst, a very strong downward wind, in the early hours of August 19. The Bayesian capsized and sank from the stern in the space of 16 minutes, killing seven people, including Lynch and his daughter Hannah. Since then, the ship owned by the Lynch family has been lying on its starboard side at a depth of 49 metres. The other six passengers, including Lynch's wife Angela Bacares, and nine crew members survived. The tragedy has attracted international attention because of the fame of Lynch, known as "The Bill Gates of Britain". The shipwreck has also puzzled naval marine experts. The 534-tonne Bayesian, built in 2008 by yacht manufacturer Perini Navi, now owned by the Italian Sea Group should have withstood the storm and, in any case, should not have sunk as quickly as it did, experts say. Italian prosecutors, who are investigating the yacht's captain and two other crew members for potential manslaughter, said their investigation will not be completed before the ship is lifted and inspected. They summoned lawyers for all parties involved and technical advisers to Porticello on Wednesday to oversee a salvage operation expected to take 20-30 days. "I don't think (the lifting) is going to be decisive for the investigations, but it's certainly important," said Mario Bellavista, a lawyer for the family of Recaldo Thomas, the onboard cook who died in the shipwreck. He told journalists in Porticello that raw data from on-board equipment that has already been extracted from the wrecked yacht, including video surveillance cameras and navigation systems, will be shared with lawyers in June. The consortium picked to salvage the yacht, led by UK-based consultancy TMC Marine and featuring a joint venture between Dutch companies HEBO Maritiemservice and Smit Salvage, plans to cut the mast before raising the vessel. Preparatory works are already being conducted offshore from a 700-square-metre floating platform. An underwater robot is surveying the Bayesian, whose tanks contain 18,000 litres of diesel. The vessel is expected to be brought to the surface by HEBO Lift 10, one of Europe's most powerful floating cranes, and then taken to Termini Imerese, about 40 km east of Palermo. The CEO of Italian Sea Group, Giovanni Costantino, blamed the sinking on a series of "indescribable, unreasonable errors" by the crew, and ruled out any design or construction flaws. "The impossible happened on that boat ... but it went down because it took on water. From where, the investigators will tell," he said in an interview with Reuters in August. According to a prosecutors' document seen by Reuters, the night watch crewman, Matthew Griffiths, is suspected of failing to notice the worsening weather conditions, while the other sailor under investigation, Timothy Parker Eaton, was allegedly late in spotting that the boat was taking in water from the back. Both did not promptly warn Captain James Cutfield, who, in turn, is suspected of not taking all the necessary measures to deal with the emergency and not adequately warning passengers of the danger. The three suspects have not commented publicly on the allegations. Another yacht that was anchored near the Bayesian survived intact. Karsten Borner, the captain of that vessel, said the Bayesian flipped on its side and sank within minutes.
Yahoo
07-05-2025
- Yahoo
Salvage to begin in Italy for Lynch's yacht after fatal sinking
By Wladimir Pantaleone and Giselda Vagnoni PORTICELLO, Italy(Reuters) - The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August. The 56-metre-long (184-foot) Bayesian, with its majestic single 72-metre mast, was moored off the small port of Porticello when it was likely hit by a downburst, a very strong downward wind, in the early hours of August 19. The Bayesian capsized and sank from the stern in the space of 16 minutes, killing seven people, including Lynch and his daughter Hannah. Since then, the ship owned by the Lynch family has been lying on its starboard side at a depth of 49 metres. The other six passengers, including Lynch's wife Angela Bacares, and nine crew members survived. The tragedy has attracted international attention because of the fame of Lynch, known as "The Bill Gates of Britain". The shipwreck has also puzzled naval marine experts. The 534-tonne Bayesian, built in 2008 by yacht manufacturer Perini Navi, now owned by the Italian Sea Group, should have withstood the storm and, in any case, should not have sunk as quickly as it did, experts say. MAST TO BE CUT BEFOREHAND Italian prosecutors, who are investigating the yacht's captain and two other crew members for potential manslaughter, said their investigation will not be completed before the ship is lifted and inspected. They summoned lawyers for all parties involved and technical advisers to Porticello on Wednesday to oversee a salvage operation expected to take 20-30 days. "I don't think (the lifting) is going to be decisive for the investigations, but it's certainly important," said Mario Bellavista, a lawyer for the family of Recaldo Thomas, the onboard cook who died in the shipwreck. He told journalists in Porticello that raw data from on-board equipment that has already been extracted from the wrecked yacht, including video surveillance cameras and navigation systems, will be shared with lawyers in June. The consortium picked to salvage the yacht, led by UK-based consultancy TMC Marine and featuring a joint venture between Dutch companies HEBO Maritiemservice and Smit Salvage, plans to cut the mast before raising the vessel. Preparatory works are already being conducted offshore from a 700-square-metre floating platform. An underwater robot is surveying the Bayesian, whose tanks contain 18,000 litres of diesel. The vessel is expected to be brought to the surface by HEBO Lift 10, one of Europe's most powerful floating cranes, and then taken to Termini Imerese, about 40 kilometres east of Palermo. HUMAN ERRORS OR DESIGN FLAWS? The CEO of Italian Sea Group, Giovanni Costantino, blamed the sinking on a series of "indescribable, unreasonable errors" by the crew, and ruled out any design or construction flaws. "The impossible happened on that boat ... but it went down because it took on water. From where, the investigators will tell," he said in an interview with Reuters in August. According to a prosecutors' document seen by Reuters, the night watch crewman, Matthew Griffiths, is suspected of failing to notice the worsening weather conditions, while the other sailor under investigation, Timothy Parker Eaton, was allegedly late in spotting that the boat was taking in water from the back. Both did not promptly warn Captain James Cutfield, who, in turn, is suspected of not taking all the necessary measures to deal with the emergency and not adequately warning passengers of the danger. The three suspects have not commented publically on the allegations. Another yacht that was anchored near the Bayesian survived intact. Karsten Borner, the captain of that vessel, said the Bayesian flipped on its side and sank within minutes. (Reporting by Waldimir Pantaleone in Porticello, additional reporting and writing by Giselda Vagnoni in Rome, editing by Alvise Armellini)

Straits Times
07-05-2025
- Business
- Straits Times
Salvage to begin in Italy for Lynch's yacht after fatal sinking
Floating crane ship HEBO LIFT 2, which will recover the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, leaves the port of Termini Imerese, ahead of the salvage operation off Porticello, near Palermo, Italy, May 3, 2025. REUTERS/Igor Petyx/File Photo Salvage to begin in Italy for Lynch's yacht after fatal sinking PORTICELLO, Italy - The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August. The 56-metre-long (184-foot) Bayesian, with its majestic single 72-metre mast, was moored off the small port of Porticello when it was likely hit by a downburst, a very strong downward wind, in the early hours of August 19. The Bayesian capsized and sank from the stern in the space of 16 minutes, killing seven people, including Lynch and his daughter Hannah. Since then, the ship owned by the Lynch family has been lying on its starboard side at a depth of 49 metres. The other six passengers, including Lynch's wife Angela Bacares, and nine crew members survived. The tragedy has attracted international attention because of the fame of Lynch, known as "The Bill Gates of Britain". The shipwreck has also puzzled naval marine experts. The 534-tonne Bayesian, built in 2008 by yacht manufacturer Perini Navi, now owned by the Italian Sea Group, should have withstood the storm and, in any case, should not have sunk as quickly as it did, experts say. MAST TO BE CUT BEFOREHAND Italian prosecutors, who are investigating the yacht's captain and two other crew members for potential manslaughter, said their investigation will not be completed before the ship is lifted and inspected. They summoned lawyers for all parties involved and technical advisers to Porticello on Wednesday to oversee a salvage operation expected to take 20-30 days. "I don't think (the lifting) is going to be decisive for the investigations, but it's certainly important," said Mario Bellavista, a lawyer for the family of Recaldo Thomas, the onboard cook who died in the shipwreck. He told journalists in Porticello that raw data from on-board equipment that has already been extracted from the wrecked yacht, including video surveillance cameras and navigation systems, will be shared with lawyers in June. The consortium picked to salvage the yacht, led by UK-based consultancy TMC Marine and featuring a joint venture between Dutch companies HEBO Maritiemservice and Smit Salvage, plans to cut the mast before raising the vessel. Preparatory works are already being conducted offshore from a 700-square-metre floating platform. An underwater robot is surveying the Bayesian, whose tanks contain 18,000 litres of diesel. The vessel is expected to be brought to the surface by HEBO Lift 10, one of Europe's most powerful floating cranes, and then taken to Termini Imerese, about 40 kilometres east of Palermo. HUMAN ERRORS OR DESIGN FLAWS? The CEO of Italian Sea Group, Giovanni Costantino, blamed the sinking on a series of "indescribable, unreasonable errors" by the crew, and ruled out any design or construction flaws. "The impossible happened on that boat ... but it went down because it took on water. From where, the investigators will tell," he said in an interview with Reuters in August. According to a prosecutors' document seen by Reuters, the night watch crewman, Matthew Griffiths, is suspected of failing to notice the worsening weather conditions, while the other sailor under investigation, Timothy Parker Eaton, was allegedly late in spotting that the boat was taking in water from the back. Both did not promptly warn Captain James Cutfield, who, in turn, is suspected of not taking all the necessary measures to deal with the emergency and not adequately warning passengers of the danger. The three suspects have not commented publically on the allegations. Another yacht that was anchored near the Bayesian survived intact. Karsten Borner, the captain of that vessel, said the Bayesian flipped on its side and sank within minutes. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


The Star
07-05-2025
- The Star
Salvage to begin in Italy for Lynch's yacht after fatal sinking
PORTICELLO, Italy(Reuters) - The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August. The 56-metre-long (184-foot) Bayesian, with its majestic single 72-metre mast, was moored off the small port of Porticello when it was likely hit by a downburst, a very strong downward wind, in the early hours of August 19. The Bayesian capsized and sank from the stern in the space of 16 minutes, killing seven people, including Lynch and his daughter Hannah. Since then, the ship owned by the Lynch family has been lying on its starboard side at a depth of 49 metres. The other six passengers, including Lynch's wife Angela Bacares, and nine crew members survived. The tragedy has attracted international attention because of the fame of Lynch, known as "The Bill Gates of Britain". The shipwreck has also puzzled naval marine experts. The 534-tonne Bayesian, built in 2008 by yacht manufacturer Perini Navi, now owned by the Italian Sea Group, should have withstood the storm and, in any case, should not have sunk as quickly as it did, experts say. MAST TO BE CUT BEFOREHAND Italian prosecutors, who are investigating the yacht's captain and two other crew members for potential manslaughter, said their investigation will not be completed before the ship is lifted and inspected. They summoned lawyers for all parties involved and technical advisers to Porticello on Wednesday to oversee a salvage operation expected to take 20-30 days. "I don't think (the lifting) is going to be decisive for the investigations, but it's certainly important," said Mario Bellavista, a lawyer for the family of Recaldo Thomas, the onboard cook who died in the shipwreck. He told journalists in Porticello that raw data from on-board equipment that has already been extracted from the wrecked yacht, including video surveillance cameras and navigation systems, will be shared with lawyers in June. The consortium picked to salvage the yacht, led by UK-based consultancy TMC Marine and featuring a joint venture between Dutch companies HEBO Maritiemservice and Smit Salvage, plans to cut the mast before raising the vessel. Preparatory works are already being conducted offshore from a 700-square-metre floating platform. An underwater robot is surveying the Bayesian, whose tanks contain 18,000 litres of diesel. The vessel is expected to be brought to the surface by HEBO Lift 10, one of Europe's most powerful floating cranes, and then taken to Termini Imerese, about 40 kilometres east of Palermo. HUMAN ERRORS OR DESIGN FLAWS? The CEO of Italian Sea Group, Giovanni Costantino, blamed the sinking on a series of "indescribable, unreasonable errors" by the crew, and ruled out any design or construction flaws. "The impossible happened on that boat ... but it went down because it took on water. From where, the investigators will tell," he said in an interview with Reuters in August. According to a prosecutors' document seen by Reuters, the night watch crewman, Matthew Griffiths, is suspected of failing to notice the worsening weather conditions, while the other sailor under investigation, Timothy Parker Eaton, was allegedly late in spotting that the boat was taking in water from the back. Both did not promptly warn Captain James Cutfield, who, in turn, is suspected of not taking all the necessary measures to deal with the emergency and not adequately warning passengers of the danger. The three suspects have not commented publically on the allegations. Another yacht that was anchored near the Bayesian survived intact. Karsten Borner, the captain of that vessel, said the Bayesian flipped on its side and sank within minutes. (Reporting by Waldimir Pantaleone in Porticello, additional reporting and writing by Giselda Vagnoni in Rome, editing by Alvise Armellini)