• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Megayacht News 2021 Logo

Megayacht News

the trusted source for megayacht and superyacht information

Megayacht News 2021 Logo
  • Home
  • Yachts
    • Megayacht, Superyacht, Gigayacht: What’s the Difference?
    • Associations & Organizations
          • Associations & Organizations Recent Posts
            ISO standard - environmental performance of superyachts
            First-Ever ISO Standard Assesses Environmental Performance of Superyachts

            February 28, 2026 By Diane M. Byrne

            Armada Club - private membership club
            Armada Club Redefines Superyacht Access With Private Members’ Model

            February 27, 2026 By Diane M. Byrne

            understanding yacht classification
            Understanding Yacht Classification: Why It Matters for Safety & Value

            December 2, 2025 By Marie Cullen

    • Brokerage
          • Brokerage Recent Posts
            Camper & Nicholsons
            Majority Stake in Camper & Nicholsons Selling to New Investor

            June 1, 2026 By Diane M. Byrne

            Westport yacht Serengeti
            Well-Known Yacht Serengeti Being Auctioned in March

            February 18, 2026 By Diane M. Byrne

            yacht ViviRae II
            The Yacht VivieRae II Has Covered 24,000 Miles—and Can Be Yours

            February 11, 2026 By Diane M. Byrne

    • Motoryachts
          • Motoryachts Recent Posts
            launch of yacht Zembra
            Yacht Zembra Launches for 12 Grandchildren & 1 World of Adventure

            August 21, 2026 By Diane M. Byrne

            RMK Yachts Livia yacht series
            Livia Yacht Series: 1 Platform, 3 Personalities, From Family Haven to Wellness Retreat

            August 21, 2026 By Diane M. Byrne

            launch of Maiora M|30 yacht hull 1
            Maiora M|30 Yacht Blends Coupé Speed & Trideck Space

            August 13, 2026 By Diane M. Byrne

    • Sailing Yachts
          • Sailing Yachts Recent Posts
            sailing yacht Ouzel in Maine
            The Unique DNA of the Sailing Yacht Ouzel

            August 20, 2026 By Carol Cronin

            ketch yacht Simena
            5 Fascinating Facts About the Sailing Yacht Simena

            July 31, 2026 By Megayacht News Staff

            Abeking yacht 4K interior refresh by Nauta Design
            Legendary Sailing Yacht 4K Spruces Up for Thousands More Sea Adventures

            July 15, 2026 By Diane M. Byrne

    • Superyacht 101 Series
          • Superyacht 101 Series Recent Post
            redefining a superyacht as a governed asset vs status symbol
            Redefining a Superyacht as a Governed Asset Vs. Status Symbol

            June 1, 2026 By Dominique Gruber

            buying a superyacht - the illusion of simplicity
            Buying a Superyacht: The Illusion of Simplicity

            May 12, 2026 By Dominique Gruber

            superyacht asset management
            Superyacht Asset Management: Why Family Offices Need Stronger Governance

            April 24, 2026 By Dominique Gruber

    • Tenders, Toys, &
      Products
          • Tenders, Toys, & Products Recent Posts
            Nocs Provisions binoculars
            Nocs Provisions Binoculars, Spotted Aboard Below Deck Yachts

            July 22, 2026 By Megayacht News Staff

            177-foot superyacht audio system
            Superyacht Audio System Brings Concert-Grade Sound to Every Deck of This 177-Footer

            July 18, 2026 By Diane M. Byrne

            B-Craft Akoya
            B-Craft Akoya Roadshow Lets You Try Before You Buy

            July 3, 2026 By Diane M. Byrne

    • The Superyacht 6
          • The Superyacht 6 Recent Posts
            The Superyacht 6: 6 Superb Charter-Yacht Crews

            October 23, 2011 By Diane M. Byrne

            The Superyacht 6: 6 Must-See Megayachts at the Fort Lauderdale Show

            October 9, 2011 By Diane M. Byrne

            The Superyacht 6: 6 Editor’s Picks From the Monaco Yacht Show

            September 24, 2011 By Diane M. Byrne

    • Photo Galleries
          • the yacht Asani
            The Yacht Asani Welcomes You Through Visual Storytelling: Photo Gallery

            December 5, 2024 By Diane M. Byrne

            the Arcadia A96 yacht
            Arcadia A96 Yacht Is Solar Powered, Silent in Operation: Photo Gallery

            January 16, 2024 By Marie Cullen

            the Sanlorenzo yacht La La Land
            Yacht La La Land Exemplifies Sanlorenzo’s Redefinition of Space: Photo Gallery

            December 19, 2023 By Diane M. Byrne

    • Sponsored Posts
          • Yacht Sponsored Posts
            Amor à Vida
            Designing Amor à Vida Around Light, Life, and the Sea

            June 30, 2026 By SPONSORED CONTENT

  • Builders & Refit Yards
    • Builders Directory
          • A - E
          • F - L
          • M - R
          • S - Z
    • Yard News
          • Yard News Recent Posts
            The Italian Sea Group
            The Italian Sea Group Opens Bids for Brands, Yards, or Full Company

            August 11, 2026 By Diane M. Byrne

            Savannah Yacht Center shiplift - Safe Harbor Marinas
            Safe Harbor to Buy MarineMax

            August 10, 2026 By Diane M. Byrne

            Scott Millar Sunseeker
            Scott Millar Takes Over as Sunseeker CEO, With New Management Team

            July 28, 2026 By Diane M. Byrne

    • Sponsored Posts
          • Builders Sponsored Posts
  • Charter & Cruising
    • Charter & Cruising News
          • Charter & Cruising Recent Posts
            Fraser Yachts and Wheels Up partnership
            From Runway to Water, Wheels Up & Fraser Yachts Forge Partnership

            August 22, 2026 By Marie Cullen

            Luna - superyachts in Alaska
            Superyachts in Alaska Signaling a Shift in Summer Cruising

            July 27, 2026 By Diane M. Byrne

            Asia-Pacific Superyacht destinations
            More Asia-Pacific Superyacht Destinations Are About to Come Into Focus for Owners

            June 28, 2026 By Marie Cullen

    • Charter Yacht Brokers
      Directory
          • A - D
          • E - L
          • M - R
          • S - Z
    • Destination Guides
          • Destination Guide Recent Posts
            Lustica Bay Marina in Montenegro
            Why Montenegro Is Attracting More American Superyacht Cruising Enthusiasts

            August 9, 2026 By Diane M. Byrne

            Pontine Islands Italy - superyacht charter destination
            The Pontine Islands, a Must-Visit Superyacht Charter Destination

            February 22, 2026 By Megayacht News Staff

            where to charter a yacht
            Where to Charter a Yacht in 2026

            November 30, 2025 By Megayacht News Staff

    • Marinas News
          • Marina News Recent Posts
            Summer's End Marina planned for Coral Bay
            Summer’s End Marina Permits Spur Lawsuit Against U.S. Army Corps of Engineers

            August 19, 2026 By Diane M. Byrne

            Savannah Yacht Center shiplift - Safe Harbor Marinas
            Safe Harbor to Buy MarineMax

            August 10, 2026 By Diane M. Byrne

            Coinjock Marina & Restaurant, ex-Acme Marinas now Port 32 Marinas
            Port 32 Marinas Takes Over Acme Marinas, Creating 17 Properties in Iconic Superyacht Destinations

            June 20, 2026 By Ken Kremsler

  • People
    • Consultants
          • Consultants Recent Posts
            Lurssen yacht Nixie sea trials; owner Nik Storosky
            Nik Storonsky, Owner of Yacht Nixie, Sued by Over “Effective Cause”

            August 5, 2026 By Diane M. Byrne

            Carlo Borlenghi in 2005
            Carlo Borlenghi, Renowned Regatta & Superyacht Photographer, Dies

            August 3, 2026 By Diane M. Byrne

            Bob Leslie, N&J broker
            Remembering Bob Leslie, 50-Year Yacht-Brokerage Veteran

            July 25, 2026 By Diane M. Byrne

    • Crew
          • Crew Recent News
            Bayesian salvage, Bayesian resurfaces
            Italian Prosecutors Blame Bayesian Crew, Not Weather, for Sinking

            May 2, 2026 By Diane M. Byrne

            lawsuit
            Yacht Adventurer II Owner Peter Holt & Former Captain File Lawsuits Claiming Drug Smuggling, Extortion

            April 30, 2026 By Diane M. Byrne

            Savannah - biggest yacht news stories 2025
            5 Biggest Yacht News Stories of the Year

            December 31, 2025 By Megayacht News Staff

    • Designer Directory
          • A - D
          • E - L
          • M - E
          • S - Z
    • Designers
          • Designers
            Marc Friedland - Viva superyacht guest experience
            Marc Friedland Designs Yacht Experiences Before Guests Board

            July 24, 2026 By Kim Kavin

            Nick Boksa of Boksa Marine Desgin
            Boksa Marine Design Leadership Changes & Office Expansion Positioning Firm for Future

            February 21, 2026 By Ken Kremsler

            Winch Design directors
            Winch Design Marks 40th Anniversary

            January 24, 2026 By Marie Cullen

    • Leadership Series
          • Leadership Series Recent Posts
            Alexander Dreyfoos
            Megayacht News Leadership Series: Alexander Dreyfoos, Silver Cloud Owner

            September 6, 2016 By Diane M. Byrne

            Roberto Zambrini
            Megayacht News Leadership Series: Roberto Zambrini, Mondomarine

            August 1, 2016 By Michael Verdon

            Antonio Romano Hot Lab Yacht & Design
            Megayacht News Leadership Series: Antonio Romano, Hot Lab

            July 1, 2016 By Frances and Michael Howorth

    • Owners
          • Owners Recent Posts
            Jasmine Chong and Jason Tabalujan, yacht Celestia
            Jasmine Chong & Jason Tabalujan: Building Celestia to Bring Their Family Home

            August 17, 2026 By Megayacht News Staff

            Lurssen yacht Nixie sea trials; owner Nik Storosky
            Nik Storonsky, Owner of Yacht Nixie, Sued by Over “Effective Cause”

            August 5, 2026 By Diane M. Byrne

            Richard Hadida
            Richard Hadida: Carpe Diem With the Sailing Yacht Lush

            July 14, 2026 By Megayacht News Staff

    • Yard Staff
          • Yard Staff Recent Posts
            Dmitry Vasiliev, Bering Yachts shareholder & partner
            Dmitry Vasiliev, Bering Yachts’ New Investor, to Oversee Superyacht Division Collaborations

            August 15, 2026 By Ken Kremsler

            David King founder Princess Yachts
            David King, Princess Yachts’ Founder & Longest-Serving Employee, Dies

            August 10, 2026 By Diane M. Byrne

            Ensar Çabuk Sirena Yachts USA
            Ensar Çabuk Becomes New Head of Sirena Yachts USA

            August 8, 2026 By Ken Kremsler

  • Events
    • Awards
          • Awards Recent Posts
            The Honours 2026
            The Honours 2026 Nominations Open – and Need Your Recommendations

            March 2, 2026 By Marie Cullen

            The Honours awards 2025
            The Honours Awards Honor Trailblazers in Yachting

            November 1, 2025 By Diane M. Byrne

            International SeaKeepers Society Is Honoring Jimmy Buffett
            International SeaKeepers Society Is Honoring Jimmy Buffett & Emily Cunningham for Ocean Advocacy

            September 26, 2025 By Diane M. Byrne

    • Boat Shows & Seminars
          • Boat Shows & Seminars Recent Posts
            Megayacht News boat show accessibility survey
            Final Days to Take the Boat Show Accessibility Survey

            August 18, 2026 By Megayacht News Staff

            Simena - 2026 Monaco Yacht Show
            From Fast Sloops to Hybrid Ketches: 4 Monaco Yacht Show Debuts

            August 16, 2026 By Megayacht News Staff

            2026 Monaco Yacht Show premieres
            2026 Monaco Yacht Show Superyacht Premieres—and Why They Matter

            August 14, 2026 By Megayacht News Staff

    • Fundraisers
          • Fundraisers Recent Posts
            Yachting Day Gala for Mercy Ships
            Mercy Ships Yachting Day Gala: “We Can Make a Difference”

            August 13, 2026 By Diane M. Byrne

            Yachting Day Gala for Mercy Ships
            Mercy Ships’ Yachting Day Gala Returns to Cannes

            April 18, 2026 By Diane M. Byrne

            SeaKeepers’ Sail4th 250 ocean advocacy event is in 2026
            SeaKeepers Hosting Sail4th 250 Ocean Advocacy Event in New York

            November 8, 2025 By Diane M. Byrne

    • Rendezvous & Events
          • Rendezvous & Events
            Pier Sixty-Six hosting World Boating Day events
            How to Participate in World Boating Day This Week

            May 18, 2026 By Ken Kremsler

            America's Cup Superyacht Programme
            BWA Yachting Named America’s Cup Superyacht Programme Partner

            March 14, 2026 By Marie Cullen

            Ibiza JoySail
            Ibiza JoySail Regatta Coming in September: Sunday Superyacht Video

            March 8, 2026 By Ken Kremsler

    • The Superyacht Cup
          • The Superyacht Cup Recent Posts
            The Superyacht Cup Palma Richard Mille
            The Superyacht Cup Palma Richard Mille Marks 30 Years

            June 22, 2026 By Ken Kremsler

            sure to file The Superyacht Cup Palma registration is Halekai
            Ready, Set, Go: The Superyacht Cup Palma Registration Is Open

            December 8, 2023 By Ken Kremsler

            the Superyacht Cup Palma 2023 is the 27th year of the race
            Superyacht Cup Palma 2023 Setting Sail: Sunday Superyacht Video

            January 29, 2023 By Marie Cullen

    • Sponsored Posts
          • Events Sponsored Posts
  • Podcasts & Videos
    • Podcasts
          • Recent Podcasts
            Jasmine Chong and Jason Tabalujan, yacht Celestia
            Jasmine Chong & Jason Tabalujan: Building Celestia to Bring Their Family Home

            August 17, 2026 By Megayacht News Staff

            IMO rules for 2030, 2050
            IMO Rules & the Future of Superyachts

            July 30, 2026 By Megayacht News Staff

            Richard Hadida
            Richard Hadida: Carpe Diem With the Sailing Yacht Lush

            July 14, 2026 By Megayacht News Staff

    • Yacht Videos
          • Recent Yacht Videos
            Sunreef 43M Eco catamaran
            Sunreef 43M Eco Catamaran on the Move: Sunday Superyacht Video

            August 23, 2026 By Marie Cullen

            launch of yacht Zembra
            Yacht Zembra Launches for 12 Grandchildren & 1 World of Adventure

            August 21, 2026 By Diane M. Byrne

            yacht Nixie
            See Yacht Nixie Go From Concept to Completion in 3 Minutes: Sunday Superyacht Video

            July 26, 2026 By Diane M. Byrne

    • Builder Videos
          • Recent Builder Video
            Riva 96 Argo Super yacht
            Riva 96 Argo Super Yacht Is Ready for Fast Fun

            July 21, 2026 By Marie Cullen

            Henk de Vries
            Henk de Vries Retires, Becomes Feadship Ambassador: Sunday Superyacht Video

            April 27, 2025 By Diane M. Byrne

            Feadship's Diamond Jubilee year saw Mira restored
            Feadship’s Diamond Jubilee Year: Sunday Superyacht Video

            December 22, 2024 By Diane M. Byrne

  • About
Home / Yachts / Tiketitan Suffers Devastating Fire
the Wally yacht Tiketitan

Tiketitan Suffers Devastating Fire

February 3, 2010 By: Diane M. Byrne

Sad news out of Palma de Mallorca: Tiketitan suffered a devastating explosion and fire while under refit yesterday.

The carbon-fiber and Kevlar yacht was one of the fastest boats that both cruised and raced. The 88-footer was reportedly able to hit 11 knots with 7 knots of true wind. In addition, a hydraulic canting keel designed by her builder, Wally, could swing up to 40 degrees to either side, providing far more stability and lighter displacement. Built in 1998, Tiketitan was the first Wally to employ this keel, in fact. It served her well while participating in events like The Superyacht Cup Palma in 2007.

It also served her well on charter, when her rate was €35,000 per week (about $48,728). Six guests could put her to the test or simply enjoy cruising various Med ports.

A few minutes ago, Wally confirmed the yard was STP and told me, “They reported us that during some maintenance works with inflammable products an explosion occurred and the boat had a fire for many hours. Nobody was injured.”

That’s similar information that CharterWave received this morning from Gertrud Annevelink, a broker with Charter Experience, who was near the yard when the explosion happened. Charter Experience’s in-house blog also has photos of the local fire department putting out the fire and states, “It looks like the yacht is a complete loss. It was an explosion caused by contractors using spraying paint or using dissolvent and somebody else was using a heat gun … 2 people were injured but not too seriously.”

More news as it becomes available.

UPDATE, FEBRUARY 4: Sergio Piñole Muñoz de Baena, production manager for STP, has provided me with further details. He says the yacht was in a cradle and not hanging from a crane, as some media reports have stated, as part of the ongoing refit work that began last October. Around 2:45 p.m. an explosion occurred inside the engine room, causing a fire that spread nearly immediately to the entire interior. “The causes of the explosion are still unknown,” he says, adding “Two crewmembers and two contractors from the yacht were in the boat at that time, and they all suffered minor burns and are already back in their homes.”

He continues: “In less than 5 minutes our staff was already fighting against the fire with 4 teams around the boat, trying to reduce the fire as much as possible” until the fire department’s arrival and keeping it from spreading to surrounding boats. Three STP workers were treated for smoke and fumes inhalation at the hospital. Once the fire department arrived, he says, they took over and put out the fire in three hours, “although one team remained in the yard until 1 a.m. for safety reasons. During that time, jointly with the fire brigade, we (made) the decision to bring a crane and hold the mast to secure it and avoid it falling over the surrounding boats and the firefighters. Sadly, the boat was severely damaged, and now the surveyors from the insurance companies will determine if it is a complete loss.”

Related posts

Sailing Yacht Eos Suffers Fire, No One Injured StarFish Suffers Fire at McMullen & Wing Megayacht Polar Bear Suffers Fire

Categories: Sailing Yachts, YachtsTags: Wally

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Facebook
  • Instagram
  • LinkedIn
  • Threads
  • YouTube

Search Megayacht News

Popular Posts

  • The Yachts of TV’s Below Deck
  • Sanlorenzo Acquires Controlling Interest in Nautor Swan
  • Superyachts in Alaska Signaling a Shift in Summer Cruising

Explore more

  • Featured Posts

    Additional articles you may have missed, including new launches from leading shipyards and designers, destination features, the most recent Megayacht News Radio podcast, and more.

  • Simena - 2026 Monaco Yacht Show
    From Fast Sloops to Hybrid Ketches: 4 Monaco Yacht Show Debuts
  • The Italian Sea Group
    The Italian Sea Group Opens Bids for Brands, Yards, or Full Company
  • The Italian Sea Group
    Sanlorenzo Backs Bid for The Italian Sea Group
  • Luna - superyachts in Alaska
    Superyachts in Alaska Signaling a Shift in Summer Cruising
  • Marc Friedland - Viva superyacht guest experience
    Marc Friedland Designs Yacht Experiences Before Guests Board
Megayacht News 2021 Logo (White)

Footer

Connect with Us

  • Facebook
  • Instagram
  • LinkedIn
  • Threads
  • YouTube
  • Terms and Conditions

© 2026 · RedHedInk LLC · Designed and Developed by AccessiCart