💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Italian divers recover video equipment from Mike Lynch’s sunken yacht

Published 09/13/2024, 05:33 AM
Updated 09/13/2024, 05:35 AM
© Reuters. FILE PHOTO: Bayesian, a 56-metre-long sailboat, which later sank off the Sicilian capital Palermo, is seen in Santa Flavia, Italy August 18, 2024 in this picture obtained from social media. Baia Santa Nicolicchia/Fabio La Bianca/via REUTERS  THIS IMAGE HA

By Wladimir Pantaleone

PALERMO (Reuters) - Italian Navy divers have recovered video surveillance equipment from the superyacht that sank off Sicily last month, killing British tech tycoon Mike Lynch and six other people, a source close to the matter said on Friday.

The recovery of the equipment could help explain why the British-flagged Bayesian went down during a severe and sudden storm off the port of Porticello, near Palermo, on Aug. 19 - an event that has puzzled naval experts.

Lynch's 18-year-old daughter, four guests and the cook died when the 56-metre-long (184-foot) yacht capsized and sank within minutes. Fifteen people, including Lynch's wife, survived and were rescued by a nearby vessel that was unscathed.

The highly specialised divers are combing the wreck on behalf of prosecutors investigating the sinking.

Late on Thursday, they recovered parts of the deck, computer material, video surveillance systems, hard drives and various other equipment, the source said. The electronic devices will be sent to specialised labs outside of Sicily to check their condition and possibly recover data, the source added.

Daniele Governale, a coast guard official in Palermo, said the divers were using a hyperbaric chamber that allowed them to make repeated dives of up to 40 minutes.

The coast guard took underwater images with a remotely operated vehicle that will help draw up a plan to salvage the yacht.

© Reuters. FILE PHOTO: Bayesian, a 56-metre-long sailboat, which later sank off the Sicilian capital Palermo, is seen in Santa Flavia, Italy August 18, 2024 in this picture obtained from social media. Baia Santa Nicolicchia/Fabio La Bianca/via REUTERS  THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES./File Photo

Three crew members, including New Zealand captain James Cutfield, are under investigation for manslaughter and shipwreck. Being investigated does not imply guilt and does not mean formal charges will follow.

Prosecutors have said their investigation will take time, and will require the wreck to be pulled up from the sea bed. The Bayesian is lying on its right side, at a depth of around 50 metres.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.