Found listings, now displaying - | 1 | latest in US NewsCalif. woman allegedly posed as 'Russian police' before trying to...Rockaways residents' outraged over noise from nearby amphitheaterTikTokers panic over viral 'phone pinky' deformities: 'We all got...Wrong-way crash driver flees fatal NYC highway wreck that killed...Kamala Harris' niece raising money for 'urgent humanitarian...'Prehistoric' shark relative with eye-popping number of exterior...Touro professor charged with sexually abusing patient set to...Parents, educators beg NYC to allow shorter days for tots...Breaking news, missing tech tycoon mike lynch’s co-defendant in $11b fraud trial fatally struck by car just days before billionaire’s yacht tragedy. Missing UK tech billionaire Mike Lynch’s associate Stephen Chamberlain, who stood trial for fraud alongside him after the sale of software company Autonomy, died just days before the entrepreneur vanished in a shipwreck off the coast of Sicily. Chamberlain was out for a run in Cambridgeshire, England, on Saturday when he was struck by a vehicle and died after being rushed to a nearby hospital. Chamberlain and Lynch, who remains missing after a yacht he was on with his wife and 18-year-old daughter sank Monday, were co-defendants in the decade-long fraud case that arose after the $11 billion sale to Hewlett-Packard. Both men were acquitted last June. Lynch’s wife, Angela Baceres, was rescued soon after the vessel went down after a major storm, but the British tech magnate — sometimes referred to as “the Bill Gates of the UK” — and his daughter, Hannah, are among six missing passengers who have yet to be found. The missing include four British nationals and two Americans. What to know after a tornado sank the yacht Bayesian off the coast of Sicily:- A superyacht capsized off the coast of Sicily after a tornado hit the area early Monday, killing seven passengers.
- British tech tycoon Mike Lynch was identified as one of the bodies pulled from the wreckage. His teenage daughter, Hannah, was the final one to be recovered.
- Lynch — known as “Britain’s Bill Gates” — had invited guests from Clifford Chance, a legal firm that represented him, and Invoke Capital, his own company, on the voyage, according to the Telegraph .
- Security camera footage shot from 650 feet from where the Bayesian sank Monday shows it disappearing.
- A rare and unexpected “black swan” weather event may have led to the Bayesian’s speedy demise , maritime experts say.
In a statement, Chamberlain’s family described him as, “an amazing individual whose only goal in life was to help others in any way possible.” His lawyer, Gary Licenberg, who defended him in the long-running San Francisco fraud case, called his client a “courageous man” who “fought successfully to clear his good name at trial earlier this year.” Chamberlain, 52, had been the vice president of finance at Autonomy, the sale of which prompted HP to sue Lynch and his colleagues, claiming they overstated the value of the company by billions. HP wound up taking an $8.8 billion writedown a year after the purchase, later blaming “accounting irregularities” for overpaying for the purchase. Advertisement The global authority in superyachting - NEWSLETTERS
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Lexcen LoweYacht Features Propulsion System Who was onboard tech mogul Mike Lynch's Bayesian yacht?Topic: Disasters, Accidents and Emergency Incidents Six people are missing, including a man dubbed the British Bill Gates, after a luxury yacht sank off the Sicilian coast. British tech entrepreneur Mike Lynch — freshly acquitted from a decade-long trial — had invited his work colleagues aboard a trip through the Mediterranean coast when a freak storm saw the yacht sink within moments. Fifteen people escaped from the sinking vessel. The search for the missing continues. Here's what we know so far: What happened?The Italian coastguard said the yacht — the Bayesian — was anchored off the shore of port city Porticello, near the Sicilian capital Palermo, when it was hit by bad weather sometime after 4am on Monday, local time. Eyewitnesses said it vanished quickly beneath the waves shortly before dawn. Managers of the sailing vessel Bayesian, Camper & Nicholsons, confirmed to the ABC that the Bayesian encountered severe weather and subsequently sank. "Our priority is assisting with the ongoing search and providing all necessary support to the rescued passengers and crew," they said. "The wind was very strong. Bad weather was expected, but not of this magnitude," a coastguard official told Reuters. Sicily's civil protection agency head, Salvo Cocina, said a waterspout — a tornado over the water — could have struck the yacht. "They were in the wrong place at the wrong time," Mr Cocina added. Storms and heavy rainfall had swept down Italy in recent days after weeks of scorching heat, lifting the temperature of the Mediterranean Sea to record levels and raising the risk of extreme weather conditions, experts told Reuters. "The sea surface temperature around Sicily was around 30 degrees Celsius, which is almost 3 degrees more than normal. This creates an enormous source of energy that contributes to these storms," meteorologist Luca Mercalli said. Rescuers recover the body of one of the people aboard the Bayesian. ( AP: Lucio Ganci ) Captain Karsten Borner of the Sir Robert Baden Powell vessel told journalists he noticed the Bayesian nearby during the storm, but after it calmed he saw a red flare and realised the ship had simply disappeared. Mr Borner said he and a crew member boarded their tender and found a lifeboat with 15 people, some of them injured, who they then took aboard and alerted the coast guard. Search crews, including helicopters and divers, are continuing to search the wreckage, lying at a depth of 49 metres. Specialist divers reached the ship on Monday but access was limited due to objects in the way, the fire brigade said. The UK Marine Accident Investigation Branch is deploying a team of four inspectors to Italy to conduct a preliminary assessment. The Foreign Commonwealth and Development office said it was "providing consular support to a number of British nationals and their families". Sicilian prosecutors have also opened an investigation into the event. Who is missing?Lawyer Chris Morvillo (left), entrepreneur Mike Lynch, and Morgan Stanley chairman Jonathan Bloomer are among the missing. There were 12 passengers and 10 crew members aboard the yacht. Mr Cocina said the crew and passengers hailed from a variety of countries, including Britain, the United States, Antigua, France, Germany, Ireland, Myanmar, the Netherlands, New Zealand and Spain. Of the 22, one man is confirmed dead and another six people are still missing. They are believed to be inside the hull, fire rescue spokesperson Luca Cari said. Fabio Cefalù, a fisherman who said he responded to a flare from the vessel but found it sunk, said he stayed at the site for three hours without finding anyone. "I think they are inside, all the missing people," he said. Rescue teams recovered the body of the yacht's onboard chef on Monday, identified as Antiguan citizen Ricardo Thomas. The still missing people include: - Mr Lynch's 18-year-old daughter, Hannah
- Jonathan Bloomer, chairman of global financial services company Morgan Stanley International
- Chris Morvillo , a lawyer at the British multinational law firm Clifford Chance. He worked on Mr Lynch's lawsuit against Hewlett-Packard
- The identities of the remaining two missing are still unconfirmed
Who was rescued? Fifteen people escaped from the sinking ship. Eight have been hospitalised and others were taken to a nearby hotel. Charlotte Golunski was among those rescued, recalling the harrowing moments she held her child Sofia above the waves. ( Supplied: Facebook ) Among those rescued were: - Mr Lynch's wife, Angela Bacares, who was the owner of the yacht
- Charlotte Golunski and her one-year-old daughter, Sofia. Ms Golunski is a partner at Mr Lynch's firm, Invoke Capital. She says she momentarily lost hold of Sofia in the water but managed to hold her up above the waves until the lifeboat was inflated
- Ms Golunski's husband James Emslie
- New Zealand captain of the yacht James Catfield. He told Italian newspaper La Repubblica the crew didn't see the storm coming
- A lone Dutch citizen was identified by the Dutch foreign ministry as being rescued, but was not identified
Who is Mike Lynch?Mr Lynch, once hailed as Britain’s king of technology, was recently freed from a Silicon Valley lawsuit that tarnished his legacy. The 59-year-old Cambridge-educated mathematician created Autonomy , a search engine that could pore through emails and other internal business documents to help companies find vital information more quickly. He received the OBE for his innovation in 2006. He then sold the software to Hewlett-Packard (HP) for $US11 billion ($16 billion) in 2011, with Mr Lynch personally netting $US800 million. HP valued Autonomy at $US46 billion ($68 billion) in the months leading up to the deal. Mike Lynch in 2019 leaving the High Court in London. ( Reuters: Henry Nicholls/File Photo ) But the deal quickly turned sour after he was accused of forging the software's financial records to make the sale. As part of a decades-long legal battle against HP, Mr Lynch was extradited to the UK on criminal fraud charges. He steadfastly denied any wrongdoing, asserting that he was being made a scapegoat for HP's own bungling. He was eventually cleared of all charges in June this year. Although he avoided a possible prison sentence, Lynch still faced a bill from a civil case in London that HP mostly won during 2022. Damages haven't been determined in that case, but HP is seeking $US4 billion. Following the San Francisco trial, Mr Lynch said he would return to the UK and do what he loved most: "[being with] my family and innovating in my field." The holiday appeared to be something of a celebration after Mr Lynch's acquittal, with guests including some of the people who had stood by Lynch throughout the ordeal. This picture shows the rescue operations off the Sicilian coast. ( AP: Italian Coast Guard ) In a separate act of tragedy, Mr Lynch's co-defendant in the trial, Stephen Chamberlain, died on Monday, after a road accident left him critically injured. Mr Chamberlain — Autonomy's former vice-president of finance alongside Mr Lynch — was hit by a car in Cambridgeshire on Saturday morning and had been placed on life support. What is the Bayesian?The luxury yacht is 56m long sailboat, with a 75m mast labelled as the tallest aluminium mast in the world. It was previously named Salute when it flew under a Dutch flag. The yacht, built in 2008 by the Italian firm Perini Navi, can accommodate up to 12 guests in six suites and a crew of 10, according to online specialist yacht sites. It was last refitted in 2020. Online charter sites listed it for rent for up to 195,000 euros (about $AU 321,000) a week. This picture taken on Sunday shows the Bayesian (left) and the Duch sailboat Sir Robert Baden Powell anchored off the coast line. ( AP: Fabio La Bianca/Baia Santa Nicolicchia ) The ship also won a string of awards for its design. Ms Golunski said the yacht had travelled through the Aeolian Islands, Milazzo and Cefalù before sinking. It is likely the yacht's name would resonate with Mr Lynch because his PhD thesis and the software that made his fortune was based on Bayesian theory. | | End Slideshow --> | | Select | | Length Metre | Found listings, now displaying - | | C ZONE UNITS | Length: 0' 0" - 0.00m | 10 C ZONE UNITS AVAILABLE WITH QUOTA 2022. $61K + GST.... SOLD . . . | Price: AU $61,000 NEGOTIABLE | | FTOL 01 | Length: 0' 0" - 0.00m | FISHING TOUR OPERATORS LICENCE 01 ZONE: WEST COAST.... WITH HISTORY + CRAY. . . . | Price: POA PLUS GST IF APPLICABLE | | FTOL 03 | Length: 0' 0" - 0.00m | FISHING TOUR OPERATORS LICENCE 03 ZONES OR OPERATION: GASCOYNE / PILBARA- KIMBERELY / WEST COAST. . . . | Price: POA PLUS GST IF APPLICABLE | | FTOL | Length: 0' 0" - 0.00m | FISHING TOUR OPERATOR'S LICENCE 02 ZONE OF OPERATION: PILBARA / KIMBERELY . . . | Price: POA PLUS GST IF APPLICABLE | | WEST COAST FISH DAYS /MFL | Length: 0' 0" - 0.00m | AVAILABLE ARE 397 UNITS. {MIDWEST FISHING DAYS}. APPROX' 22 DAYS, INCLUDING MFL. CALL TO DISCUSS WITH CORRADO. ALSO WEST COAST FTOL WITH HISTORY. . . . | Price: AU $180,000 PLUS GST IF APPLICABLE | Used Yachts For SaleSail monohulls 30ft > 35ft, lexcen boats for sale, lexcen 32 boats for sale. Buy with ConfidenceMike Lynch and daughter among missing after yacht sinks: What we know about disaster - and 'alarming' potential causeThe British-flagged luxury vessel named Bayesian was carrying 22 people when it got into difficulty off the coast of Sicily. Seven bodies have now been recovered from the wreckage. News reporter @samuelosborne93 Friday 23 August 2024 12:24, UK Please use Chrome browser for a more accessible video player Seven bodies have been found after a superyacht sank off the coast of Sicily. Twenty-two people were on board the vessel named Bayesian when it got into difficulty in the early hours of Monday, with 15 people rescued. Here's what we know about the sinking of the luxury vessel so far. Follow latest updates on the superyacht sinking What might have caused the sinking? The British-flagged luxury vessel, named Bayesian, capsized at around 4.30am local time on Monday morning off Palermo, according to ship-tracking site Marine Traffic. It sank in as little as 60 seconds with 22 people on board, 12 passengers and a crew of 10, according to the Italian coastguard. Waterspouts, essentially tornados that form over water, were seen as powerful winds battered the area overnight, local media said. The yacht may have sunk faster with all the doors open due to the hot weather, Sailing Today magazine editor Sam Jefferson has said. "I imagine all the doors were open because it was hot, so there were enough hatches and doors open that it filled with water very quickly and sank like that," he said. Official pictures show air conditioning units in several of the rooms, however, which could counter the suggestion open windows caused the vessel to sink faster. The huge mast is also likely to have played a role, he added. What are waterspouts? Waterspouts typically occur during thunderstorms and can develop very rapidly, within minutes. Their spin generally reaches wind speeds between 75-200mph, but can reach as high as 300mph. They can travel at about 10-20mph typically but can reach greater speeds, making them difficult to avoid - especially in something as slow-moving as a yacht. Matthew Schanck, chair of the Maritime Search and Rescue Council, called the reports of a tornado or waterspout "rare" and "quite alarming". "The vessel was at anchor in a recognised anchorage," Mr Schanck said. "Depending on wind direction and the state of the sea, this informs the captain whether it is a safe area to anchor or not. There was nothing that was too concerning, for my eye. All in all, the captain used the information they had to make a safe call." Who owns the yacht? The yacht belonged to the family of British tech tycoon Mike Lynch. He was confirmed to have died after rescuers found his body on Thursday. Mr Lynch was on holiday with his 18-year-old daughter Hannah, who is still missing, and his wife Angela Bacares, who was rescued. Mr Lynch, 59, was known as the " British Bill Gates " and has been in the headlines in recent months over a high-profile fraud case. In June, a US jury cleared him of all charges, which were related to the 2011 sale of his software company Autonomy to Hewlett-Packard (HP). The yacht trip is believed to have been a celebration of the end of Mr Lynch's legal troubles. HP accused him of deliberately overstating the value of the company before it was acquired by the American tech giant. Mr Lynch was extradited to the US to face trial in May last year and spent 13 months under house arrest in San Francisco as he awaited trial on 17 charges of conspiracy and wire fraud brought by the US Department of Justice - which were later reduced to 15 charges. He always denied any wrongdoing and was acquitted. Read more: Lynch's co-defendant dies days before yacht sinking Who was on board when the boat sank? The passengers were largely British and American, with crew members were from New Zealand, South Africa, and Canada. Charlotte Golunski was among the Britons rescued. Her LinkedIn profile says she is a partner at Mr Lynch's firm Invoke Capital and has worked there since 2012. Speaking after the ordeal, Ms Golunski told Italian media that she lost her daughter Sofia for "two seconds" amid the "fury" of the sea but was able to retrieve her. She said she held the infant above the waves until the lifeboat was ready. "Many people screamed. Luckily the lifeboat inflated and 11 of us were able to get on board," she told ANSA. The girl's father James Emsley also survived, according to Sicily's civil protection agency. Also on board were Jonathan Bloomer, chairman of investment bank Morgan Stanley, his wife Judy Bloomer, a top US lawyer Chris Morvillo, who worked on Mr Lynch's criminal case, and his wife Neda Morvillo. Divers confirmed on Thursday that their bodies had been recovered. The yacht's captain James Cutfield survived, along with South African crew members Leah Randall and Katja Chicken. Recaldo Thomas, a Canadian-Antiguan chef who was working on the boat, was the first to be found dead, the Italian Coastguard confirmed to Sky News. During rescue efforts, divers saw "corpses through the portholes" of the wreck as they recovered the body of a man at a depth of 50m (164ft), according to Salvo Cocina, the head of the Civil Protection of Sicily. What do we know about the vessel? The Bayesian is owned by a company controlled by Mr Lynch's wife. It was known for its unusual 72.3m (246ft) single mast - one of the world's tallest made of aluminium - and shared its name with the statistical method Mr Lynch's Autonomy software was based on. It was built by Italian company Perini Navi in 2008 and last refitted in 2020. It was listed for rent for up to €195,000 (£166,000) a week, according to online charter sites. The luxury vessel , which was managed by yachting company Camper & Nicholsons, could accommodate up to 12 guests in six suites. It won a string of awards for its design, according to online specialist yacht sites. Mr Schanck, of the Maritime Search and Rescue Council, said the vessel would have been equipped with "high standard" life-saving appliances and radio communications. He added the yacht would have met all international standards and UK Maritime Coastguard Agency regulations before its voyage. It was previously named Salute, or "health" in Italian, when it flew under a Dutch flag. Its minimalist interior featured light wood with Japanese accents designed by the French designer Remi Tessier, according to descriptions on charter sites. Keep up with all the latest news from the UK and around the world by following Sky News What were its last movements? The boat left the Sicilian port of Milazzo on 14 August and was last tracked east of Palermo on Sunday evening, with a navigation status of "at anchor", according to vessel tracking site VesselFinder. The Bayesian previously travelled to other parts of Sicily before its last sighting off the coast of the port of Porticello. On Sunday, the boat was seen off the coast of Cefalu before it travelled towards Porticello, MarineTraffic data shows. In the days before, the yacht travelled around four of the Aeolian islands, just north of Sicily. Be the first to get Breaking News Install the Sky News app for free Prosecutors in the nearby town of Termini Imerese have opened an investigation into the sinking. 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British tech tycoon Mike Lynch and his 18-year-old daughter are among the six people missing after a luxury yacht sank off the coast of the Italian island of Sicily in the early hours of Monday ...
Emergency workers in southern Italy are still hunting for six people missing after a tornado sank a luxury yacht early Monday - prompting an air and naval operation off the coast of Sicily.
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