Tech tycoon Lynch's doomed Bayesian yacht lifted to surface
Floating crane ships HEBO LIFT 10 and HEBO LIFT 2 recover the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 20, 2025. REUTERS/Igor Petyx
A drone view shows floating crane ships HEBO LIFT 10 and HEBO LIFT 2 recovering the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 20, 2025. REUTERS/Danilo Arnone
Members of the media work during a media tour to observe floating crane ships HEBO LIFT 10 and HEBO LIFT 2, recover the 'Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 21, 2025. REUTERS/Igor Petyx
Floating crane ships HEBO LIFT 10 and HEBO LIFT 2 recover the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 20, 2025. REUTERS/Igor Petyx
Seawater is pumped out of the wreckage of the 'Bayesian' yacht, owned by the late British tech entrepreneur Mike Lynch, as it is recovered by the floating crane ships HEBO LIFT 10 and HEBO LIFT 2 off the coast of Porticello, near Palermo, Sicily, Italy, June 21, 2025. REUTERS/Igor Petyx
PORTICELLO, Italy - Salvage experts lifted Mike Lynch's sunken superyacht to the surface and began pumping seawater out of it on Saturday, 10 months after it sank off the coast of Sicily, killing the British tech tycoon, his teenage daughter and five others.
Work resumed at first light, with one of the most powerful maritime cranes in Europe having been used to haul the 56-metre-long (184-foot) Bayesian from beneath the waves.
The upper decks appeared badly damaged while the blue hull was encrusted with mud.
The Bayesian was moored off the small port of Porticello, near Palermo, in August last year when it sank during a sudden storm. The yacht was vulnerable to violent winds and was probably knocked over by gusts of more than 117 km (73 miles) per hour, an interim British report said last month.
The vessel will be held in an elevated position over the weekend while checks and preparations are made, said TMC Marine, which has been leading the salvage operation, working with Dutch specialists Hebo Maritiemservice to lift the yacht 50 metres from the seabed over the past few days.
It is then expected to be transported to the nearby port of Termini Imerese on Monday and handed over to the authorities who are investigating the sinking.
The recovery process has been made easier after the vessel's 72-metre mast was detached using a remote-controlled cutting tool and placed on the seabed on Tuesday.
In addition to Lynch, founder of the software company Autonomy, his daughter Hannah, lawyer Chris Morvillo and his wife Neda, banker Jonathan Bloomer and his wife Judy, and chef Recaldo Thomas were killed when the yacht sank. Nine other crew members and six guests were rescued. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Straits Times
3 hours ago
- Straits Times
India's watchdog warns Air India for breaching pilots' flight duty timings
FILE PHOTO: An Air India Airbus A320-200 aircraft takes off from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, July 7, 2017. Picture taken July 7, 2017/REUTERS/Amit Dave/File Photo NEW DELHI - India's aviation watchdog has issued a warning to Air India for "repeated and serious violations" related to pilot duty scheduling and oversight, according to government directives reviewed by Reuters on Saturday. The Directorate General of Civil Aviation (DGCA) directed Air India to remove three company executives from crew scheduling roles - a divisional vice president, a chief manager of crew scheduling and one planning executive - for lapses linked to flights from Bengaluru to London on May 16 and May 17 that exceeded the stipulated pilot flight time limit of 10 hours. The June 20 order cited "systemic failures in scheduling protocol and oversights" and criticised the lack of strict disciplinary measures against responsible officials. The latest action by the aviation authority against the airline is unrelated to this month's crash of an Air India Boeing 787-8 plane that killed all but one of the 242 people onboard but signal heightened scrutiny of the airline. On Thursday, Reuters reported the authorities had also warned Air India for breaching safety rules after three of its Airbus planes flew despite being overdue for checks on emergency equipment of escape slides. The latest order by assistant director of operations at the DGCA, Himanshu Srivastava, said: "Of particular concern is the absence of strict disciplinary measures against key officials directly responsible." In a statement to Reuters, Air India said it has implemented the DGCA order and in the interim, the company's chief operations officer will provide direct oversight to the Integrated Operations Control Centre. "Air India is committed to ensuring that there is total adherence to safety protocols and standard practices," it added. The DGCA stated in its order that Air India had voluntarily disclosed the violations. Air India was taken over by the Tata Group in 2022 and faces many challenges in its attempts to rebuild its image, after years of criticism from travelers for poor service. The Indian regulator, like many abroad, often fines airlines for compliance lapses. India's government in February told parliament that authorities had warned or fined airlines in 23 instances for safety violations last year. Around half of them - 12 - involved Air India and Air India Express. The biggest fine was $127,000 on Air India for "insufficient oxygen on board" during some international flights. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
4 hours ago
- Straits Times
Tech tycoon Lynch's doomed Bayesian yacht lifted to surface
Floating crane ships HEBO LIFT 10 and HEBO LIFT 2 recover the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 20, 2025. REUTERS/Igor Petyx A drone view shows floating crane ships HEBO LIFT 10 and HEBO LIFT 2 recovering the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 20, 2025. REUTERS/Danilo Arnone Members of the media work during a media tour to observe floating crane ships HEBO LIFT 10 and HEBO LIFT 2, recover the 'Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 21, 2025. REUTERS/Igor Petyx Floating crane ships HEBO LIFT 10 and HEBO LIFT 2 recover the \"Bayesian\" yacht of British tech entrepreneur Mike Lynch, who died when the yacht sank off Porticello, near Palermo, Sicily, Italy, June 20, 2025. REUTERS/Igor Petyx Seawater is pumped out of the wreckage of the 'Bayesian' yacht, owned by the late British tech entrepreneur Mike Lynch, as it is recovered by the floating crane ships HEBO LIFT 10 and HEBO LIFT 2 off the coast of Porticello, near Palermo, Sicily, Italy, June 21, 2025. REUTERS/Igor Petyx PORTICELLO, Italy - Salvage experts lifted Mike Lynch's sunken superyacht to the surface and began pumping seawater out of it on Saturday, 10 months after it sank off the coast of Sicily, killing the British tech tycoon, his teenage daughter and five others. Work resumed at first light, with one of the most powerful maritime cranes in Europe having been used to haul the 56-metre-long (184-foot) Bayesian from beneath the waves. The upper decks appeared badly damaged while the blue hull was encrusted with mud. The Bayesian was moored off the small port of Porticello, near Palermo, in August last year when it sank during a sudden storm. The yacht was vulnerable to violent winds and was probably knocked over by gusts of more than 117 km (73 miles) per hour, an interim British report said last month. The vessel will be held in an elevated position over the weekend while checks and preparations are made, said TMC Marine, which has been leading the salvage operation, working with Dutch specialists Hebo Maritiemservice to lift the yacht 50 metres from the seabed over the past few days. It is then expected to be transported to the nearby port of Termini Imerese on Monday and handed over to the authorities who are investigating the sinking. The recovery process has been made easier after the vessel's 72-metre mast was detached using a remote-controlled cutting tool and placed on the seabed on Tuesday. In addition to Lynch, founder of the software company Autonomy, his daughter Hannah, lawyer Chris Morvillo and his wife Neda, banker Jonathan Bloomer and his wife Judy, and chef Recaldo Thomas were killed when the yacht sank. Nine other crew members and six guests were rescued. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


AsiaOne
7 hours ago
- AsiaOne
Thailand's economy teeters as political turmoil threatens recovery efforts, Asia News
BANGKOK - Thailand's economy is already on the ropes. Consumption has remained tepid despite a government stimulus programme, few of its economic engines are firing, and uncertainty wrought by US President Donald Trump's reciprocal tariffs means that the Thai economy could grow just over 1 per cent this year. Now, Southeast Asia's second-largest economy faces a fresh challenge: a new round of political chaos that can bring down Prime Minister Paetongtarn Shinawatra or her ruling Pheu Thai party. "We are currently in a period of economic downturn, with many issues affecting us," Visit Limlurcha, vice chairman of the Thai Chamber of Commerce, told Reuters. "This could make things even more complicated." The most significant short-term concern is the passage of a 3.78 trillion baht (S$148 billion)budget for the 2026 fiscal year, which starts on Oct 1, that must pass through parliament over the next few months. That process could get stalled if Paetongtarn, who is under siege for her handling of a festering border row with neighbouring Cambodia, dissolves parliament and triggers fresh elections. "If parliament is dissolved before the budget is passed, the process will be delayed significantly," said Prakit Siriwattanaket, managing director of Merchant Partners Asset Management. Finance Minister Pichai Chunhavajira told reporters on Friday that he was optimistic the budget would be approved by parliament by October. "I'm confident that those who are in charge of this matter know that the budget is very important for Thailand," he said. Thailand's economy has lagged regional peers as it struggles under high household debt and borrowing costs, and sluggish demand from China, which is also a key tourism market. It expanded 2.5 per cent last year, and growth could be further halved this year due to US tariffs, Pichai said last month. Thailand's stock market has been the worst performing bourse in Asia so far this year, down 23.4 per cent. Industrial sentiment also hit its lowest in eight months in May, even as consumer confidence dropped to a 27-month low. There is a clear need to press ahead with government spending, which has dropped by over 38 per cent annually during April-May 2025, OCBC economists Lavanya Venkateswaran and Jonathan Ng said in a report on Thursday, warning of a "double whammy" for the economy if both government expenditure and exports weaken. Protests and tariffs Amid the ongoing tumult, Paetongtarn may be able to hang on to her premiership and a coalition led by her Pheu Thai party could retain its majority, albeit in a weaker position compared to its previous grip on the parliament. [[nid:718615]] Such an arrangement will prolong political instability and raise the spectre of street protests, which have been part of previous crises and could hit one of Thailand's key remaining economic engines: tourism. "I'm worried. I don't want the situation to cause people to take to the streets," Thienprasit Chaiyapatranun, President of Thai Hotels Association, which represents around 1,000 hospitality establishments, told Reuters. "If they take to the streets, it will hit tourism." Activists - including those who have in the past agitated against Paetongtarn's father, the divisive former premier Thaksin Shinawatra - met on Friday to plan a major protest next week, and demanded the prime minister's resignation. A government lacking full authority may also struggle in ongoing trade negotiations with the United States, which has threatened to impose a 36 per cent tariff rate on imports from Thailand, said Natapon Khamthakrue, an analyst at Yuanta Securities. "The United States certainly would not want to talk to a government without full power or with few votes," he said. Trade negotiations with Washington will not be concluded in a short period, Finance Minister Pichai said. "Negotiations are never simple for any country, and countries that have begun talks still haven't reached a conclusion," he told reporters. Some business chambers and analysts are, nonetheless, holding out hope that a political resolution can be found quickly, minimising damage to the Thai economy, which has been rattled by multiple coups in the last eight decades, including two against governments led by the Shinawatra family. "Although the economy is no stranger to political uncertainty," OCBC's economists said, "the timing could not be more inconvenient considering external headwinds."