The owner of My Song, which suffered irreparable damage last year after falling off a transport ship, wants compensation for her replacement value. He has therefore sued the transport company, Peters & May. Pier Luigi Loro Piana, president of the Italian fabrics and clothing company bearing his last name, took delivery of the yacht, a
I’ve been following Jonathan Rothberg, the owner of Gene Machine, on Twitter for more than a year. Of the 1,500 tweets that has sent, one from March 7 of this year stopped me dead in my tracks. Pinned to the top of his feed, it reads, in part, “Thinking about a low cost, easy to
A long-running refit project intending to transform essentially every corner of an existing motoryacht has resulted in lawsuits. The refit of Anodyne was expected for completion in 2017. However, it remains unfinished, currently sitting in a South Florida shipyard. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. The refit
UPDATE, FEBRUARY 4, 2020: Unexpectedly, the judge who found Jaime Botin guilty of smuggling a painting out of Spain aboard his sailing superyacht has doubled the jail time. Now, Botin faces three years. Fines are higher, too, €91.7 million compared to the initial €52.4 million. Read on for our original article. Jaime Botin, the
Sultan Qaboos bin Said, who has held the throne of Oman since seizing it in 1970, turning his country into a global diplomatic player, died last week. Additionally an avid superyacht owner, the sultan was 79 years old. The Oman News Agency released an announcement last weekend. It did not mention his cause of death.
UPDATE, DECEMBER 30, 2019: The U.S. Coast Guard is overseeing salvage operations for Andiamo, well-known singer Marc Anthony’s megayacht, which is still partially sunken in Miami. Crews plan to upright her and drain her fuel before hoisting her from the water within the next several days. Read on for our original article. The publicist