The race to refloat the Bayesian superyacht ...Middle East

By Barbie Latza Nadeau, CNN Rome, Italy (CNN) — More than three months after the $40 million Bayesian superyacht sank off the coast of Sicily, killing seven people including British tech titan Mike Lynch and his 18-year-old daughter, plans to raise the luxury vessel are on the horizon. And it will cost around $30 million to bring it to shore, according to those who want to manage the complex salvage. This week, a consortium of insurers led by British Marine, which insure the yacht owned by the Lynch family, presented eight possible salvage plans to the prosecutor’s office in Termini Imerese, near the Porticello fishing port where the yacht went down in bad weather in the early morning

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The race to refloat the Bayesian superyacht ...Middle East

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