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Who Owns The Superyacht “My Saga” That Sank In Italy

An unnamed oligarch is the owner of the superyacht “My Saga” “My Saga” was the first yacht of its caliber built by Monaco Yachting and Technologies. According to SuperYachtTimes , the yacht was purchased in 2022 by an unnamed owner.

The 131-foot luxury yacht carrying nine passengers and crew sank off the southern Italian coast on Monday.

According to a dramatic video taken by the Italian coast guard, the super yacht “My Saga” likely ran into trouble during bad weather, as it listed in rough waters near Calabria before disappearing into the sea.

The moment disaster struck off the coast of Italy was captured on video.

The Italian Coast Guard released video of the sinking of the 130-foot superyacht My Saga in the Mediterranean Sea.

Saturday evening, the yacht was cruising from Gallipoli to Milazzo when it began taking on water at the stern.

The Coast Guard responded to a distress call by dispatching two patrol vessels to rescue the nine people on board, as well as a tugboat to tow the vessel back to port in Crotone.

The vessel was partially submerged and listed to starboard during the rescue operation, nine miles off the coast of Catanzaro Marina.

What happened next, as the bow of the ship rose into the air, was captured on video. Rescuers abandoned the operation, and the steel-hulled yacht vanished stern-first beneath the waves.

The Italian Coast Guard reported that retrieving My Saga was “impractical” due to the harsh weather and sea conditions, as well as the vessel’s increasing incline to starboard.

By 2007, My Saga was the first yacht of its caliber built by Monaco Yachting and Technologies. According to SuperYachtTimes, the yacht was purchased in 2022 by an unnamed owner.

The Italian Coast Guard has launched a “administrative investigation” into the incident’s cause.

Video of The Superyacht “My Saga” Sinking

Below, is a video of the superyacht “My Saga” sinking;

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MY SAGA yacht NOT for charter*

39.4m  /  129'3 | monaco yachting & technologies | 2007.

Owner & Guests

• Previous Yacht

Special Features:

• Impressive 4,606nm range
• RINA (Registro Italiano Navale) classification
• Sleeps 12 overnight

The 39.4m/129'3" motor yacht 'My Saga' (ex. YuKo) was built by Monaco Yachting & Technologies in Monaco. Her interior is styled by design house Jean-Marc Achy architecte dplg and she was completed in 2007. This luxury vessel's exterior design is the work of Tim Heywood Design.

Guest Accommodation

My Saga has been designed to comfortably accommodate up to 12 guests in 6 suites. She is also capable of carrying up to 7 crew onboard to ensure a relaxed luxury yacht experience.

Range & Performance

My Saga is built with a steel hull and aluminium superstructure, with teak decks. Powered by twin diesel Caterpillar (C-18) 503hp engines, she comfortably cruises at 11 knots, reaches a maximum speed of 14 knots with a range of up to 4,606 nautical miles from her 48,400 litre fuel tanks. Her water tanks store around 8,840 Litres of fresh water. She was built to RINA (Registro Italiano Navale) classification society rules.

*Charter My Saga Motor Yacht

Motor yacht My Saga is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

My Saga Yacht Owner, Captain or marketing company

'Yacht Charter Fleet' is a free information service, if your yacht is available for charter please contact us with details and photos and we will update our records.

My Saga Photos

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M/Y My Saga

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WATCH: Superyacht Capsizes and Sinks Off the Coast of Southern Italy in Shocking Video

It is unknown what caused the 40-meter-long vessel called "My Saga" to go under

Natalia Senanayake is an Editorial Assistant, Lifestyle at PEOPLE. She covers all things travel and home, from celebrities' luxury mansions to breaking travel news.

A 40-meter-long (131-foot) superyacht capsized nine miles off the coast of Catanzaro, Italy on Saturday.

Shocking footage released by the Italian coast guard shows the vessel, named My Saga, sinking stern-first near the Catanzaro Marina.

According to the BBC , "the Italian coast guard rescued all nine people on board – four passengers and five crew. The outlet reported the ship was heading from Gallipoli to Milazzo.

An investigation of the incident is ongoing and it is still unclear what caused the yacht to sink.

In the video tweeted by the Italian coast guard, the yacht is seen floating on its side amid rough waters before its rear starts dipping into the Ionian Sea.

The footage cuts to the vessel then halfway submerged in the water before it quickly vanishes beneath the surface.

Along with the video, the coast guard wrote a caption. Translated from Italian it reads, "In recent days, the #GuardiaCostiera of #Crotone coordinated rescue operations for passengers and crew of a 40m yacht, which sank 9 miles off the coast of #CatanzaroMarina. Administrative investigation was launched to identify the causes."

My Saga was designed by Tim Heywood and Jean-Marc Achy. It was equipped "with a teak deck, a steel hull, and aluminum superstructure," according to the London-based luxury lifestyle publisher, BOAT International .

The superyacht boasted six cabins that could accommodate up to 12 guests and eight crew members.

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Watch moment 140ft superyacht My Saga sinks off coast of Italy as nine people rescued from vessel battered by storm

• Aliki Kraterou
• Published : 8:49, 23 Aug 2022
• Updated : 7:37, 24 Aug 2022
• Published : Invalid Date,

THIS is the dramatic moment the 140ft superyacht My Saga sinks off the coast of Italy after it was battered by a storm.

Nine people were rescued from the submerging vessel on Saturday as it sunk in the Gulf of Squillace, off the coast of Catanzaro.

Dramatic footage shows the superyacht on the water for a few moments before it completely sinks stern-first.

An investigation to determine what caused the vessel to sink has been launched.

According to the Super Yacht Times , My Saga was travelling from Gallipoli, Turkey to Milazzo in Italy under a Cayman Islands flag.

Four passengers and five crew were all rescued before it sunk.

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The outlet reports that on Saturday the Port Authority of Crotone received a message from the yacht saying they were taking on water at the stern.

Two patrol vessels rushed to the location and rescued five people while the captain and the rest of the crew remained onboard.

Even though a tugboat arrived at the scene to help and rescue the remaining staff, the worsening weather conditions made it impossible to lead the vessel to safety.

The luxury superyacht was built in Italy in 2007 under the name Yuko.

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The vessel, which could reach speeds of 12.5 knots, could accommodate up to 12 guests in six staterooms and eight crew members.

The ship was designed by Tim Heywood while the interior was designed by Jean-Marc Achy.

Back in June, a £6million luxury yacht sank after it was rammed by a runaway tugboat in a Spanish harbour.

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The huge supply vessel was filmed crashing into a replica 1910 schooner, which was docked in the Marina Port Tarraco of Tarragona.

And a 85ft boat was seen sinking in Torquay Harbour after it was engulfed in flames.

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LIFE SAGA is a 65.0 m Motor Yacht, built in Italy by Admiral - The Italian Sea Group and delivered in 2019. She is one of 2 C-Force 50 models.

Her top speed is 15.5 kn and her cruising speed is 14.5 kn and her power comes from two Caterpillar diesel engines. She can accommodate up to 12 guests in 6 staterooms, with 17 crew members. She has a gross tonnage of 1250.0 GT and a 10.6 m beam.

She was designed by Uniellè Yacht Design .

The naval architecture was developed by Admiral Centro Stile , who has architected 7 other superyachts in the BOAT Pro database, and the interior of the yacht was designed by Mark Berryman , who has 7 other superyacht interiors designed in the BOAT Pro database - she is built with a Teak deck, a Steel hull, and Aluminium superstructure.

LIFE SAGA is in the top 5% by LOA in the world. She is one of 206 motor yachts in the 60-70m size range, and, compared to similarly sized motor yachts, her cruising speed is 0.41 kn above the average, and her volume 35.48 GT above the average.

LIFE SAGA is currently sailing under the Cayman Islands flag, the 2nd most popular flag state for superyachts with a total of 1414 yachts registered. She is currently located at the superyacht marina Setur Kusadasi Marina, in Turkey, where she has been located for 1 month. For more information regarding LIFE SAGA's movements, find out more about BOATPro AIS .

Specifications

• Name: LIFE SAGA
• Previous Names: LIFE SAGA II
• Yacht Type: Motor Yacht
• Yacht Subtype: Displacement
• Model: C-Force 50
• Builder: Admiral - The Italian Sea Group
• Naval Architect: Admiral Centro Stile
• Exterior Designer: Uniellè Yacht Design
• Interior Designer: Mark Berryman

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