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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 publicistContinue Reading
Sir Donald Gosling, a British businessman and longtime benefactor of the British Royal Navy who named his superyacht after a World War II warship, died on September 9. He was 90 years old. Born in March 1929, Gosling became infatuated with boats and ships during his childhood. He joined the Royal Navy toward the endContinue Reading
John Orin Edson, better known as Orin Edson, a powerhouse in the recreational marine industry, died on August 27. From founding Bayliner Marine to owning megayachts and investing in Westport Shipyards, he had an extraordinary, and extraordinarily long-lasting, impact on yachting. He was 87 years old. Born in 1932, Edson was an entrepreneur—particularly a boatingContinue Reading
An Allied Marine yacht broker has filed a lawsuit against a client and Baglietto. He claims the two circumvented verbal agreements under which he would receive a commission. The lawsuit follows a related filing by the client. The owner requests a declaratory judgment that the broker is not due any commission from the megayacht purchase.Continue Reading
PHOTO: George Becker “There’s no more valuable asset than my time.” That comment by Matt Voorhees, the owner of the 171-foot (52-meter) Broadwater, had everyone buzzing at the U.S. Superyacht Association’s Superyacht Summit this month. The annual conference, which I have the pleasure of chairing, is hailed for being thought-provoking and engaging, but this tookContinue Reading
AUGUST 21, 2020: A Dubai court has rejected an appeal by Tatiana Akhmedova, ex-wife of Farkhad Akhmedov, to seize the yacht as part of the divorce settlement imposed by London’s High Court. Therefore, once again, it seems Akhmedov owns Luna. “Seems” is the operative word, however, since the Marshall Islands, the flag state where Luna isContinue Reading