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Inside the refit restoring 59m classic superyacht Marala to her 1930s glory

Refit yard Pendennis is halfway through restoring the 59-metre classic Marala to her 1930s glory. Caroline White delves into a labour of love undertaken with respect and imagination...

It’s only halfway through, but the major refit of the classic 58.8-metre superyacht Marala has already uncovered a hidden gem. “We removed the carpet in the saloon and we found this beautiful old fir flooring,” says her captain, Chris Lawrence. “We’ve been told that the wood was 200 years old when the tree was cut down, and it’s been on board for 90 years.” With a beautiful patina, the timber is being split (to reduce weight and make it go further) and re-laid throughout the main deck and owner’s cabin. This is a project where the aim is to feel the original yacht, right down to the soles of your feet – because Marala is a very special boat.

Commissioned by car and aircraft manufacturer Montague Napier, who died before her 1931 launch by Camper & Nicholsons , Marala was bought by Charles Fairey, another aircraft-maker, who loaned her to the military for the Second World War. “She went to Gibraltar, where one of the depth charges she dropped disabled a German U-boat, which surrendered a day and a half later,” says Captain Lawrence. The U-boat captain said they hadn’t picked her up on their sonar because she was so quiet – a compliment that was unintentionally backhanded ( Marala happened to have the same German MAN engines).

After the yacht was returned to civilian service, the owners who followed Fairey were rather more colourful than the British Navy. The American tobacco magnate RJ Reynolds owned her briefly while his own boat was being built, but particularly notable was the Chilean Arturo López-Willshaw. Known as the “guano king”, he had made his fortune selling bird droppings for fertiliser and explosives. He had, improbably, risen to the top of Parisian society and lived on board in a ménage à trois with his wife (who was also his cousin) and his gay lover. The last owner, before the current one, was Robert de Balkany and his wife, Princess Maria Gabriella of Savoy, daughter of Italy’s last king. Celebrity guests over the years ran from Salvador Dalí to Amelia Earhart and Princess Grace of Monaco. The current owner had long been a fan of classic yachts and had considered buying several before finding Marala lying in Greece and, says Captain Lawrence, “this one just stuck”.

When they took possession, she was “like a time capsule”, says Pendennis project manager Nick Kearton. The yacht was moved from Greece to Malta, where those silent engines were rebuilt, and then on to the UK for a major refit at Pendennis. Lawrence had realised that they needed “a very specific yard” to undertake this delicate operation and Pendennis has form, with the major refits – or rebuilds – of classics Malahne , Fair Lady and Haida . There was also something fitting about a British yard. “We liked the idea of bringing the boat back to the UK – back to her roots – and imbuing her with a British style,” says Lawrence.

While her last owner, de Balkany, had kept Marala for 52 years and during that time did very little to change her, the yacht had undergone two interior refits since her 1930s heyday – the most significant by flamboyant Parisian designer Georges Geffroy in the 1950s. So before Pendennis got to work, the 1950s interior was removed in Malta by the crew and a team of workers assembled by Captain Lawrence. “We managed to salvage quite a lot of historic items,” he says. “Some of the Georges Geffroy items were sold at Sotheby’s in Paris.”

With the interior removed and Pendennis given advance access to Marala for planning and budgeting, as soon as the yacht arrived in Cornwall the yard team could get to the meat of the project. They upgraded the riveted hull and, where possible, took the structure back to Charles Nicholson’s original design. “During her 1950s refit, the side fashion plates and an aft extension were added,” says Captain Lawrence. There are even traces of Marala ’s war service. “We still have evidence of where the gun turret was positioned though the deck. In the lower crew mess deckhead the cover plate can still be seen. We still have the larger beam knees in place that were positioned fore and aft of the gun’s location.”

While the aft extension and remains of the gun stayed, the fashion plates went. “All of the solid bulwarks added mid-century were removed and are being replaced with open stanchions and rails as per launch condition,” says Kearton. On the technical side, the stacked ingot ballast was swapped out for lead poured into keel tanks to reduce the centre of gravity of the vessel. All of these changes have, says Kearton, “improved the stability dramatically”.

The systems on board also required attention. “They were changed and adjusted over the years, so it was a range of historical systems through the ages of yachting in the last half century or so,” says Kearton. “The first thing you noticed was that the black and grey systems running from the cabins were just hoses that weren’t fixed and secured, and you could see they’d leaked in places.”

They also found lead-sheathed cables and wooden cable trays. It all came out. In went brand new sewage treatment, fan coil units and watermakers – “everything that you would need to domestically serve a cabin”, says Kearton. And while the original engines have been kept, the power train is being replaced, “so the actual propulsion down through into the water is being upgraded”, he says.

The interior that will lie on top of this will be almost entirely new, but utterly in keeping with the original spirit of the yacht. Muza Lab, a young design studio based in Notting Hill, London, was engaged for the ambitious job. The team scoured the archives of the National Maritime Museum for the yacht’s original plans and referred to them at every stage of the design to ensure an authentic vision. While this was the studio’s first yacht, the team has a range of relevant experience in historical luxury hotels and residences, plus the Belmond Andean Explorer (the South American sister train to the Orient Express).

“For us, it’s about finding what’s unique; what makes each individual project special. Marala immediately fit that bill because it’s such an extraordinary vessel with so much history, so many stories to tell, so many layers, so many details. That’s the kind of thing we love to play with,” says Nathan Hutchins, founder of Muza Lab.

In terms of what they had to play with, cutting back the steel fashion plates on many of the decks will allow more light to flow inside for a brighter, airier feel, while down in the lower decks the atmosphere they will create is warm. “The client just said, ‘I want it to feel like it was original, I want it to completely capture the essence of the 1930s – I don’t want to erase the heritage of the vessel,’” says Hutchins.

To that end, while the overall design is distinctly 1930s, the guest cabins will contain references to various different periods (and owners) of the yacht’s storied past: for example, one cabin goes right back to the beginning, with waxed linen wall panels and a 1930s pattern in the carpet; another is inspired by the Palace of Savoy (in honour of Princess Maria Gabriella) with lavish Rubelli fabrics with a savoy blue trim. There will even be a cabin that references Marala ’s military service, with graphic print upholstery in blue, purple and white.

There will also be plenty of 1930s touches throughout the yacht as a whole, from monochrome tiled floors to stepped high-gloss ceilings and timber panelling illuminated by art deco-style lighting. That influence steps up a gear in the upper deck owner’s cabin, which was inspired by the owner’s love of the famously stylish 1930s ocean liner SS Normandie . There are lacquered woods, brass, contemporary marquetry and a feature wall of peacock Chinoiserie wallpaper by de Gournay.

The main saloon, which sticks closely to the original design, will feature a working fireplace, as well as a good dose of what Muza Lab describes as “Gatsbyesque glamour”. The woodwork, it should be noted, will be done to the original Camper & Nicholsons design. Outside on deck, the watchword is versatility – particularly notable is the daybed that will open to reveal a copper spa pool. There’ll be plenty of informal banquet seating, and for evening an outdoor cinema and a cocktail bar disguised as a teak treasure chest. And for the exterior design? “It’s anthracite [charcoal grey] and white, with pops of savoy blue; and then the original funnel will be straw coloured,” says Hutchins. “So it’ll be a very clean, classic looking, crisp exterior.”

But all this is to look forward to. With completion expected in winter 2021, it’s not long until we’ll be able to see what other treasures the team has uncovered – and created – aboard this fascinating yacht.

This feature is taken from the June 2021 issue of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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Boat of the Week: How This Classic, 90-Year-Old Superyacht Was Restored to Her Former Glory

"marala" served as both family yacht and wwii warship. a london designer has modernized her, without changing her fundamental character., julia zaltzman, julia zaltzman's most recent stories.

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Interior designer Nathan Hutchins is more used to renovating historical buildings than classic yachts. But when the owners of the 1930s yacht Marala commissioned him to undertake the boat’s extensive renovation, he couldn’t refuse.

Co-owner of British studio Muza Labs, Hutchins’s experience of heritage interiors ranges from Spanish UNESCO world heritage sites to historic buildings in London. Hutchins was first introduced to the classic yacht’s owners 20 years ago when he completed the interior on their Dutch river barge. Two decades on, Marala is his first-ever yacht.

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“I recently worked on two canal barges in France and I’ve just completed a sleeper train in South America,” Hutchins told Robb Report . “I think a lot of elements of pure design are very relatable, but technically it’s been a jump. For me, it’s about finding the spirit of the place and in this case, the yacht. How the owners want to enjoy it.”

Named after Hungarian royalty, the yacht was responsible for downing German warplanes and U-Boats, but also entertained Salvador Dali and Frank Sinatra.  Courtesy Pendennis

The current owners, who purchased the yacht in the summer of 2018, are only the fifth in Marala ’s 88-year history. But the modifications made over time have “interrupted the elegance” of Marala ’s original lines, says Hutchins. The owners wanted the designer to capture the spirit of the 1930s to regain its original essence.

The authenticity of the restoration, which is being carried out at Pendennis shipyard in Falmouth, UK, was aided by Hutchins’ discovery of hand drawings on the ship’s original blueprints located in the U.K.’s National Maritime Museum’s archives.

“We’ve been able to reference and reintroduce design elements using the original concepts, such as beautiful bookcases in the aft saloon,” says Hutchinson. “We discovered two original beds that had been cobbled back together that had featured softly curved corners and drawer fronts.”

Designer Hutchins had to be careful to keep the original charm and character, but also modernized the decor. During the restoration, much of the old woodwork was uncovered under old layers.  Courtesy Pendennis

Designer Hutchins had to be careful to keep the original charm and character, but also modernize the decor. During the restoration, much of the old woodwork uncovered under old layers.

Marala was built in 1931, but its would-be owner unfortunately died a month before the yacht’s delivery. This meant she was launched as number 388, the only Camper & Nicholson boat ever delivered without a name. Requisitioned by the Royal Navy in World War II, she served as HMS Evadne, successfully downing a German Heinkel III aircraft using the anti-aircraft guns mounted on her decks. Later, in the Strait of Gibraltar, she used depth charges to disable and sink a U-boat.

“When the vessel was requisitioned for war a lot of the original furniture was removed to make the boat more utilitarian,” says Hutchins. “Much of it wasn’t put back with the most love and care.” The designer said that stripping the yacht back to her bare bones has revealed original details, such as bedside tables, joinery, and a Douglas fir floor, complete with scuff marks and staple holes. “We realized straight away that we needed to keep the floor,” says Hutchins, who has complemented the existing woodwork with the introduction of American black walnut.

In 1962, Marala was bought by Hungarian businessman Robert de Balkany, who decorated the interior in a bold Savoir blue in honor of his wife Princess Maria Gabriella of the House of Savoy. He named the boat after his first two daughters, Marina and Alexandra. In her heyday Marala entertained the world’s elite, including Frank Sinatra and Salvador Dali.

Marala ‘s long, elegant profile was restored long after it served as a World War II warship, with two or three anti-aircraft guns on its bow.  Courtesy Pendennis

In a nod to the yacht’s history, Savoir-blue will run throughout the renovated exterior, paired with anthracite and white. Two custom tenders will have the new exterior palette.  Marala ’s 1940s systems have been upgraded and integrated into the authentic design.

“A lot of this boat hasn’t been seen for decades, so there were some items that needed immediate replacement,” Nick Kearton, project manager at Pendennis, told Robb Report . “A 90-year-old vessel means you’ll find things you might not want to. But the riveted steel that has survived is in very good condition, and we were able to clean it up and preserve it.”

Other sections were modernized for more practical use. Overhangs, doorways and the fashion plates outside of the owner’s suite have been reduced. The original timber decks have been fitted with steel separation plates to protect the interior. “It’s taken about 100,000 hours of steelwork fabrication alone,” says Kearton.

The yacht’s ‘Great Gatsby’ design is matched with original metalwork like the plates along the hull side.  Courtesy Pendennis

For Hutchins, one of the biggest challenges was discovering Marala ’s hull was a slightly different shape than he had originally conceived. That required a redesign while in the Pendennis dry dock. “Nothing is black and white on a boat like this, and sometimes surprises are wonderful,” says Hutchins. “You pull off a panel and you find a carpenter in 1931 left signed his name in chalk. So, some of the revelations have been really interesting and reveal the history of the boat.”

Marala is scheduled for completion and delivery this November.

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Newly restored classic yacht MARALA embodies the spirit and character of the 1930s

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Written by Rachel Kelly

The past few years has seen beautiful classic Camper & Nicholson yacht MARALA sympathetically restored by her current custodians. The first phase of the refurbishment took place in the historical yacht mecca of Malta, while the final stages have been undertaken at the UK superyacht specialist Pendennis Shipyard .

Super yacht MARALA | Beautifully restored and available for charter

Renowned London interior design studio Muza Lab was chosen by the owners to create an exquisite interior reminiscent of her original 1930s Art Deco era. Her upgraded features include classic wood panelling, silk wall coverings, parquet, brass finishings, crystal chandeliers and authentic furniture.

Authentic 1930s restoration

Her fascinating 88-year history began when she was commissioned by engineering tycoon Montague Stanley Napier from his temporary convalescence in Cannes. During her construction Napier’s health was further failing and he died the month before she was completed in February 1931. She was therefore launched simply as number 388, the only Camper & Nicholson yacht ever to be launched without a name.

Luxury yacht MARALA after her fabulous refit

Her next owner Charles Fairey christened her Evadne, after Poseidon’s daughter and she spent the pre-war years hosting the likes of Prince Olaf of Norway and Amelia Earhart among others. Fairey loaned Evadne to the war effort as was common with super yachts of the time and as HMS Evadne, she saw active service in the Straights of Gibraltar.

Wartime service as HMS Evadne

The post war years saw her regularly changing hands and name, until she was bought in 1962 and christened MARALA (combining the names of his daughters Marina and Alexandra) by Robert de Balkany. He was well known for bringing the American ‘shopping mall’ concept to Europe by building retail developments in France. He became her most tenured custodian with ownership spanning over 53 years and cruised regularly from the port of Piraeus in Greece. Notable guests during this period included Frank Sinatra, King Juan Carlos of Spain and Salvador Dali.

Historic dining room has played host to famous faces over the years

Bought by her current owner in 2016, her comprehensive programme of works started with painstaking examination of the original plans and in-depth research at the National Maritime Museum archives. As well as strengthening work to her hull and other technical upgrades, the team have lavished her with authentic art deco features and what the design team call ‘Gatsby-esque glamour’.

Classic deck furnishings

Classic panelling and bridge equipment

MARALA can accommodate up to 12 guests in six unparalled staterooms, the master including a private lounge area and opulent ensuite, a full beam VIP, three double and one twin suite.

Master suite

You can join the truly unique grand yacht MARALA as she cruises around the Mediterranean from Summer 2023.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Newly restored classic yacht MARALA embodies the spirit and character of the 1930s".

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Photo – Camper & Nicholson

Yacht Marala - Now & The Future

The new owners of Yacht Marala, only the fifth in 88 years, are currently conducting a total refit of the vessel. Stage one saw two years of work undertaken in Malta and included a newly appointed crew mess, crew cabins and an extensive rebuild of the classic motor yacht’s original 1930’s M.A.N. engines. 

Stage two is underway and involves a substantial period of renovation at UK superyacht specialist Pendennis Shipyard. The comprehensive restoration includes upgrades to the steelworks, domestic and electrical systems, a completely new guest area, and a number of superstructure modifications that aim to restore her original classic yacht profile. The Yacht Marala owners hope to see her cruising once again in 2021. 

Builder                  Camper & Nicholsons Ltd Built in                  Southampton, UK Launched in          1931 Beam                     8.08m Draft                      3.8m Material                 Steel hull Super structure      Aluminium Engine                   2 x 750 horsepower M.A.N Fuel capacity         89,000L Fresh water            32,000L Cruising speed       12 knots GT                         499 LOA                      58.5m

Photos – Muza Lab

Leading London based Interior Design company Muza Lab, were chosen by the Yacht Marala owners for the guest area refit design. Muza Lab work very closely with the owners and have created an exquisite design reminiscent of the Art Deco era when Marala was launched. Many classic wood work features typical of the Camper & Nicholson 1931 build have been sympathetically incorporated into the new design. Silk panel walls, straw parquetry, brass fittings, crystal chandeliers and a fire place are particular features that the owners specified as important to the new design.

EMAIL [email protected] FACEBOOK @yachtmarala

©2020 YACHT MARALA / ALL RIGHTS RESERVED Designed by AMIE BRADSHAW

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Boat of the Week: How This Classic, 90-Year-Old Superyacht Was Restored to Her Former Glory

Interior designer Nathan Hutchins is more used to renovating historical buildings than classic yachts. But when the owners of the 1930s yacht Marala commissioned him to undertake the boat’s extensive renovation, he couldn’t refuse.

Co-owner of British studio Muza Labs, Hutchins’s experience of heritage interiors ranges from Spanish UNESCO world heritage sites to historic buildings in London. Hutchins was first introduced to the classic yacht’s owners 20 years ago when he completed the interior on their Dutch river barge. Two decades on, Marala is his first-ever yacht.

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“I recently worked on two canal barges in France and I’ve just completed a sleeper train in South America,” Hutchins told Robb Report . “I think a lot of elements of pure design are very relatable, but technically it’s been a jump. For me, it’s about finding the spirit of the place and in this case, the yacht. How the owners want to enjoy it.”

The current owners, who purchased the yacht in the summer of 2018, are only the fifth in Marala ’s 88-year history. But the modifications made over time have “interrupted the elegance” of Marala ’s original lines, says Hutchins. The owners wanted the designer to capture the spirit of the 1930s to regain its original essence.

The authenticity of the restoration, which is being carried out at Pendennis shipyard in Falmouth, UK, was aided by Hutchins’ discovery of hand drawings on the ship’s original blueprints located in the U.K.’s National Maritime Museum’s archives.

“We’ve been able to reference and reintroduce design elements using the original concepts, such as beautiful bookcases in the aft saloon,” says Hutchinson. “We discovered two original beds that had been cobbled back together that had featured softly curved corners and drawer fronts.”

Designer Hutchins had to be careful to keep the original charm and character, but also modernize the decor. During the restoration, much of the old woodwork uncovered under old layers.

Marala was built in 1931, but its would-be owner unfortunately died a month before the yacht’s delivery. This meant she was launched as number 388, the only Camper & Nicholson boat ever delivered without a name. Requisitioned by the Royal Navy in World War II, she served as HMS Evadne, successfully downing a German Heinkel III aircraft using the anti-aircraft guns mounted on her decks. Later, in the Strait of Gibraltar, she used depth charges to disable and sink a U-boat.

“When the vessel was requisitioned for war a lot of the original furniture was removed to make the boat more utilitarian,” says Hutchins. “Much of it wasn’t put back with the most love and care.” The designer said that stripping the yacht back to her bare bones has revealed original details, such as bedside tables, joinery, and a Douglas fir floor, complete with scuff marks and staple holes. “We realized straight away that we needed to keep the floor,” says Hutchins, who has complemented the existing woodwork with the introduction of American black walnut.

In 1962, Marala was bought by Hungarian businessman Robert de Balkany, who decorated the interior in a bold Savoir blue in honor of his wife Princess Maria Gabriella of the House of Savoy. He named the boat after his first two daughters, Marina and Alexandra. In her heyday Marala entertained the world’s elite, including Frank Sinatra and Salvador Dali.

In a nod to the yacht’s history, Savoir-blue will run throughout the renovated exterior, paired with anthracite and white. Two custom tenders will have the new exterior palette. Marala ’s 1940s systems have been upgraded and integrated into the authentic design.

“A lot of this boat hasn’t been seen for decades, so there were some items that needed immediate replacement,” Nick Kearton, project manager at Pendennis, told Robb Report . “A 90-year-old vessel means you’ll find things you might not want to. But the riveted steel that has survived is in very good condition, and we were able to clean it up and preserve it.”

Other sections were modernized for more practical use. Overhangs, doorways and the fashion plates outside of the owner’s suite have been reduced. The original timber decks have been fitted with steel separation plates to protect the interior. “It’s taken about 100,000 hours of steelwork fabrication alone,” says Kearton.

For Hutchins, one of the biggest challenges was discovering Marala ’s hull was a slightly different shape than he had originally conceived. That required a redesign while in the Pendennis dry dock. “Nothing is black and white on a boat like this, and sometimes surprises are wonderful,” says Hutchins. “You pull off a panel and you find a carpenter in 1931 left signed his name in chalk. So, some of the revelations have been really interesting and reveal the history of the boat.”

Marala is scheduled for completion and delivery this November.

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Step Onboard a Historic Superyacht Visited by Amelia Earhart, Salvador Dalí, and Frank Sinatra

When Nathan Hutchins was tapped to restore and redesign Marala, a historic superyacht first launched in the 1930s, the client’s design brief was simple: to respect the history of the ship. Though deceptively simple, with a past like that of  Marala ’s , it was a big ask. After her original commissioner passed away prior to the vessel’s launch, the ship was bought by Charles Richard Fairey, an aviation tycoon, and embarked on her maiden voyage in 1931. In the years following, Marala was briefly used by the Royal Navy in World War II, was passed through the hands of multiple high-profile owners—including royalty, at one point—and was frequently visited by notable guests like Amelia Earhart, Salvador Dalí, King Juan Carlos of Spain, Princess Alexandra of Kent, and Frank Sinatra. “There aren’t many classic yachts of this era that have such a rich heritage…which is why it was worthy of such an extensive restoration,” says Hutchins, who co-founded  Muza Lab , a London-based design firm specializing in hotels, superyachts , luxury developments, and private residential projects. 

During the refit, the designers wanted to open up the exteriors more, offering greater ease to take in the surrounding views. 

While the goal was clear, the details were up for interpretation. “It was a really lovely route to explore—the brief being a lot less specific than usual—it allowed us a lot of creative freedom from a design point of view,” says Hutchins. To kick things off, Muza Lab visited the National Maritime Museum to take a peek at the ship’s blueprints and better understand the original design, which was crafted by Dr. Charles Nicholson, a prominent shipbuilder of the era. “It was genuinely interesting to see the design in a way that was so authentic to its era,” Hutchins says. “There were also typewritten specs outlining the original interior fit and finish, including everything from the original fabrics and carpets used in the cabins to joinery drawings of some of the original pieces of furniture that were onboard.” 

Pops of savoy blue reference Princess Maria Gabriella of Savoy who previously owned the yacht with her husband, Robert de Balkany.

In her updated form, there are multiple nods to these origins, including waxed fabric on the walls in one of the cabins (a common feature of ships from the era), new furniture rebuilt as true to the original as possible, and timber detailing inspired by the Nicolson’s earlier design. “When discovering this incredible insight into its original features, we tried to reference those items as much as we could,” Hutching says. Of course, there are other more poetic interpretations of Marala’s history including the pops of savoy blue that define the Art Deco –inspired interiors, which reference one of the ship’s most prominent owners: Princess Maria Gabriella of Savoy and her husband Robert de Balkany . 

The dining cabin in the Marala . 

Naturally, there were other practical details that Hutchins and the team had to incorporate to welcome the ship into this new age. Marala was upgraded with modern services and conveniences, which Hutchins says are “all very well hidden behind its beautiful authentic features.” The designers also hoped to put a greater emphasis on indoor-outdoor living, which prompted them to cut back some of the exterior’s steel and replace it with open railing. Not only did this stabilize the historic superyacht, but also removed some dated bulkiness.

The Art Deco interiors are reminiscent of the ship’s 1930s origin.

However, perhaps the most intriguing element of her design are the cabins. “ Marala has gone through so many transformations throughout the years, repeatedly reinventing herself,” Hutchins explains. “A goal of ours was to tell the story of each of these transformations through the design.” Each cabin offers a glimpse into the ship’s winding story. In room No 388, you’ll find waxed linen upholstered wall panels and a 1930s pattern woven into the carpet, a pure iteration of a cabin used when Marala was first launched. “The Evadne Cabin salutes the ship’s days in the military service when she was requisitioned for the war effort, with statement blue, purple, white and graphic print upholstery,” Hutchins says. Pleated walls inspired by seagull quills dominate The Gaviota Cabin, a reference to one of the ship’s previous owners, Arturo Lopez-Willshaw, who registered her under the name Gaviota IV ( gaviota meaning “seagull” in Spanish).

The Japan Cabin. 

The Evadne Cabin.

“For us, each individual element of the Marala is a window for those onboard to see glimpses of her past,” Hutchins concludes. “That said, like a brush stroke in a painting that builds to a whole picture, the Marala is ever-evolving and we were so happy to have a chance to create a design that not only honors the past but also nods to the current and possible future stories of the ship.” 

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Who Owns Which Superyacht? (A Complete Guide)

Have you ever wondered who owns the most luxurious, extravagant, and expensive superyachts? Or how much these lavish vessels are worth? In this complete guide, we’ll explore who owns these magnificent vessels, what amenities they hold, and the cost of these incredible yachts.

Get ready to explore the world of superyachts and the people who own them!

Short Answer

For example, Larry Ellison, the co-founder of Oracle, owns the Rising Sun, which is the 11th largest superyacht in the world.

Overview of Superyachts

The term superyacht refers to a large, expensive recreational boat that is typically owned by the worlds wealthy elite.

Superyachts can range in price from $30 million to an astonishingly high $400 million.

The most expensive superyacht in the world is owned by the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani.

In conclusion, owning a superyacht is an exclusive status symbol for the world’s wealthy elite.

Who are the Owners of Superyachts?

From Hollywood celebrities to tech billionaires, superyacht owners come from all walks of life.

Many are everyday people who have worked hard and saved up to purchase their dream vessel.

These luxurious vessels come with hefty price tags that can range from $30 million to over $400 million.

Many of these yachts are designed to the owner’s exact specifications, ensuring that each one is totally unique and reflects the owner’s individual tastes and personality.

The Most Expensive Superyacht in the World

When it comes to superyachts, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, certainly knows how to make a statement.

In addition, the Al Mirqab features a helipad, swimming pool, and even an outdoor Jacuzzi.

Russian billionaire Roman Abramovich, Microsoft co-founder Paul Allen, and Amazon founder Jeff Bezos all own luxurious vessels.

Other notable owners of superyachts include Saudi Prince Alwaleed bin Talal, who owns the $200 million Kingdom 5KR, and Oracle founder Larry Ellison, who owns the $200 million Rising Sun.

With their impressive size, luxurious amenities, and hefty price tags, these vessels have become a symbol of wealth and prestige.

Notable Superyacht Owners

At the top of the list is the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who holds the distinction of owning the most expensive superyacht in the world.

The amenities that come with these vessels vary greatly from owner to owner, but they almost always include luxurious swimming pools, helicopter pads, on-board cinemas, and spas.

Whether you’re trying to impress your peers or just looking to enjoy a luxurious outing, owning a superyacht is the ultimate way to show off your wealth.

What Amenities are Included on Superyachts?

The cost of a superyacht can range from $30 million to over $400 million, but the price tag doesnt quite capture the sheer extravagance and amenities of these vessels.

The interior of a superyacht can be custom-designed to the owners specifications.

Some vessels even come with a full-service gym, complete with exercise equipment and trained professionals.

Many yachts come with outdoor entertainment areas, complete with full kitchens, dining rooms, and lounge areas.

No matter what amenities a superyacht has, it is sure to be an experience like no other.

How Much Do Superyachts Cost?

When it comes to superyachts, the sky is the limit when it comes to cost.

The cost of a superyacht is driven by a variety of factors, including size, amenities, and customization.

The bigger the yacht, the more luxurious features and amenities it will have.

From swimming pools and helicopter pads to on-board cinemas and spas, the sky is the limit when it comes to customizing a superyacht.

Many luxury vessels have custom-designed interiors that are tailored to the owners tastes.

While some may be able to get away with spending a few million dollars, others may end up spending hundreds of millions of dollars on their dream yacht.

Keeping Superyachts Out of the Public Eye

Understandably, these individuals are concerned with privacy and discretion, and therefore tend to take measures to ensure their yachts are not visible to outsiders.

In addition to physical security, some superyacht owners also use technology to keep their vessels out of the public eye.

Finally, some superyacht owners also choose to limit the number of people who have access to their vessels.

These individuals may be required to sign non-disclosure agreements to ensure they do not disclose any information about the yacht or its owner.

Final Thoughts

Superyachts are a symbol of luxury and status, and the list of yacht owners reads like a who’s who of billionaires.

Whether you’re looking to purchase one or just curious to learn more about the owners and their amenities, this guide will provide you with all the information you need to stay up to date with the superyacht scene.

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MARALA YACHT CHARTER

58.8m  /  192'11   camper & nicholsons   1931 / 2022.

• Previous Yacht

Cabin Configuration

Special Features:

• Impressive 4,146nm range
• Multi-award winning
• Recent refit in 2022
• Sleeps 12 guests
• 6.4m/21' Cockwells Duchy Tender

Marala is a distinctly sophisticated superyacht promising unforgettable luxury yacht charters

The 58.83m/193' 'Marala' motor yacht built by the British shipyard Camper & Nicholsons is available for charter for up to 12 guests in 6 cabins.

Built in 1931, Marala boasts a multitude of decks ideal for relaxation and entertainment indoors or outdoors, ensuring guests will live la dolce vita on the open waters.

Guest Accommodation

Marala offers guest accommodation for up to 12 guests in 6 suites comprising a master suite located on the main deck, one VIP cabin, two double cabins and two twin cabins. A crew of nineteen, who specialize in creating exceptional charters, are on hand to provide guests with a yacht charter vacation to remember.

Onboard Comfort & Entertainment

On your charter, you'll find plenty to keep you busy and entertained such as a deck jacuzzi, perfect to enjoy the scenery with your favourite drink in hand.

Whatever your activities on your charter, you'll find some impressive features are seamlessly integrated to help you such as Wi-Fi connectivity, allowing you to stay connected at all times, should you wish. You can stay comfortable on board whatever the weather, with air conditioning during your charter.

Performance & Range

Built with a steel hull and steel superstructure, she offers greater on-board space and is more stable when at anchor thanks to her full-displacement hull. Marala comfortably cruises at 11 knots, reaches a maximum speed of 13 knots with a range of up to 4,146 nautical miles from her 69,000 litre fuel tanks at 13 knots.

Onboard Marala has a range of toys and accessories to keep you and your guests entertained on the water throughout your stay. Principle among these are two Flyboards which is a must for any self-respecting thrill-seeker, prepare for supersize thrills - even beginners will enjoy the thrill of swooping skywards and ‘dolphining’ back into the water. Another excellent feature are Jobe towable toys offering fun and adventure. Additionally, there are two waterskis that are hugely entertaining whether you are a beginner or a seasoned pro. If that isn't enough Marala also features wakeboards, canoes, kayaks, paddleboards and snorkelling equipment. When it comes to Tenders, Marala has you covered - with three tenders, including a 6.4m/21' Cockwells Duchy Tender.

Marala and her crew are available for charter this summer for cruising within the Mediterranean. She is also accepting bookings this winter on request.

Showcasing meticulous craftsmanship coupled with high-end luxurious finishes, motor yacht Marala certainly has the "wow" factor, along with state-of-the-art amenities and array of water toys, promising truly unforgettable yacht charters for even the most discerning guests.

TESTIMONIALS

There are currently no testimonials for Marala, please provide .

Marala Photos

Amenities & Entertainment

For your relaxation and entertainment Marala has the following facilities, for more details please speak to your yacht charter broker.

Marala is reported to be available to Charter with the following recreation facilities:

• 1 x 6.4m  /  21' Cockwells Duchy Tender Nanni 19 HP engine
• 1 x 6m  /  19'8 Ribeye Tender Yamaha 115 HP engine
• 1 x 5.18m  /  17' Dinghy

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

Marala Awards & Nominations

• The World Superyacht Awards 2023 Refitted / Rebuilt / Converted Yachts Winner
• The International Yacht & Aviation Awards 2023 Deck Design Winner
• International Superyacht Society Awards 2023 Best Refit Finalist
• + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

'Marala' Charter Rates & Destinations

Summer Season

May - September

€220,000 p/week + expenses Approx $244,500

High Season

€230,000 p/week + expenses Approx $255,500

Cruising Regions

Mediterranean Croatia, Greece, Italy, Malta, Montenegro

HOT SPOTS:   Amalfi Coast, Mykonos, Sardinia

Winter Season

October - April

Please enquire .

Charter Marala

To charter this luxury yacht contact your charter broker , or we can help you.

To charter this luxury yacht contact your charter broker or

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Specification

SEASONAL CHARTER RATES

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59m classic motor yacht Marala, one of relatively few surviving yachts from her era, has a fascinating story of 1930’s elegance, German U-boats, and Hollywood glamour. Built by Camper and Nicholsons in 1931, she has had unusually few owners for her age, meaning her character, basic layout and original engines have all been preserved. However, many modifications have been made to her superstructure and interior throughout her life, most notably when she was converted for naval service during World War II. Beloved by several notable Owners, guardian of wartime naval crew and host to distinguished guests such as Salvador Dali, Frank Sinatra, and international royalty, she is now a historical icon infused with character from each era of her life.

When she came onto the market in 2016, it was for the first time in over 50 years, and her new Owner sought to have her meticulously restored. Her Captain remarked “Marala’s new Owner recognised the rare opportunity to own a Camper & Nicholsons classic motor yacht but understood that her essential structural requirements would impact her interior, meaning it would be wise to address engineering updates at the same time. With a determination to remain sympathetic to her heritage and original design, the decision was made to bring the yacht to Pendennis to complete a restoration and preserve her spirit for many years to come.”

Marala represents one of many historic restoration projects that have taken place at Pendennis. She arrived at Pendennis in mid-August 2019 on a yacht transport ship direct from Malta, having started her project there. By this stage her Captain and his team had already stripped out much of the yacht’s interior and started some engineering works.

On arrival at Pendennis the yacht was taken straight into the inner dry dock, her home for the next two and a half years, for de-storing, investigation work on her steel hull and superstructure and to start her Lloyd’s special survey. In conjunction with this activity, it was also vital for the Pendennis team to finalise the technical specification for the new systems and calculate the net space on board to sign off the yacht’s new interior with Muza Lab.

The investigation work into her steel hull and superstructure identified a significant number of areas that needed urgent attention. A comprehensive programme of fabrication, blasting and repainting commenced that resulted in the renewal of over 100 tonnes of steel, predominantly on her hull. The decision was taken to leave the hull un-faired, providing an authentic look synonymous with her heritage.

Other key external modifications included the removal of the exterior hard topped shelter and tender storage on the Owner’s aft deck to make way for an external entertainments area complete with a cinema space and Jacuzzi. In addition, it was decided that the yacht’s lines should be restored to their 1930s roots, which required the removal of the bulwarks and side deck structures that had been added in the 1950s and 60s.

A comprehensive programme of replacing all services on board was carried out, including the HVAC, air conditioning, piping and ducting, cabling power and distribution, lighting and hardware. Her auxiliary generators were fully rebuilt, whilst her emergency generator was replaced with an emergency battery system to remove the need for an emergency generator to be located on the upper decks. Marala also underwent a full rebuild of the hydraulic and original manual steering systems on board, which included a full restoration of the manual emergency steering (in place since build) on the aft main deck.

London based design house Muza Lab were commissioned to bring a new look to the décor that both respects and celebrates the 1930s spirit of the vessel. Beginning with the original design spec and blueprints from the National Maritime Museum archives, they extensively researched Marala’s history, developing an understanding of her heritage and character which they would reference throughout the design process. The designs for the guest cabins are a journey through different periods of Marala’s life, with 1930’s style waxed linen panels, nods to her time in military service, and savoy blue accents symbolising the Palace of Savoy in homage to a former Owner. The Owner’s area rich with art deco glamour, inspired by the 1930’s ocean liner, the SS Normandie.

Muza Lab explained “In her 89 years of illustrious history, several performances have graced the stage that is this grand dame, each with its curious cast of characters. It is this rich heritage, specifically the times full of optimism, of heady glamour, that we have sought to honour in our new design direction for Marala. Far from an interior restoration project, this has been about reinvigorating her 1930s spirit, preserving her aura for years to come.” And it is important to note that this restoration project was not to conceal but to enhance Marala’s features; as Muza Lab suggested “In Marala, we already had a diamond – it has been a case of repolishing it to reveal its brilliance.”

BUILDER Camper & Nicholsons

YEAR OF BUILD 1931

FORMER NAME No. 388, Evadne, HMS Evadne, Zapala, Gaviota IV

TYPE Motor Yacht

EXTERIOR DESIGN Charles E. Nicholson (original)

INTERIOR DESIGN Muza Lab (restoration)

CONSTRUCTION Steel hull, steel, aluminium and wood superstructure

LOA 58.83m (193.1ft)

BEAM 8.08m (26.51ft)

DRAFT 3.96m (12.99ft)

PENDENNIS RESTORATION YEAR 2022

PENDENNIS RESTORATION LOCATION Pendennis Falmouth

AWARDS Winner: Rebuilt Yacht, World Superyacht Awards 2023

Marala following her restoration at Pendennis. Photography Stuart Pearce / YachtShot

The original Camper and Nicholsons shelter has been carefully restored and refreshed (rendering by Muza Lab)

London-based Muza Lab created designs for the exterior and interior (exterior rendering by Muza Lab)

Marala in Pendennis' 150m covered dry dock (photography credit Andrew Wright)

Pendennis tradespeople working in Marala's guest area (photography Andrew Wright)

Marala's Interiors - Owners bathroom. Photography Stuart Pearce / YachtShot

Marala's Interiors - Owner's bathroom. Photography Stuart Pearce / YachtShot

Marala's Interiors - Owners Cabin. Photography Stuart Pearce / YachtShot

Marala's Interiors - Owner's Cabin. Photography Stuart Pearce / YachtShot

Marala's Interiors. Photography Stuart Pearce / Yacht Shot

Marala's outdoor space. Photography Stuart Pearce / YachtShot

Marala's Interiors - Guest cabin. Photography Stuart Pearce / YachtShot

Marala's Interiors - Guest bathroom. Photography Stuart Pearce / YachtShot

Marala's Interiors - Guest bedroom. Photography Stuart Pearce / YachtShot

Marala's Interiors - Dining room. Photography Stuart Pearce / Yacht Shot

Marala's Interiors - Dining room. Photography Stuart Pearce / YachtShot

Marala's Interiors. Photography Stuart Pearce / YachtShot

Marala's Interiors - Lounge area. Photography Stuart Pearce / YachtShot

Marala's outdoor dining space. Photography Stuart Pearce / YachtShot

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Investigation Into Yacht That Sank Off Sicily Broadens

Prosecutors are looking into the actions of two other crew members in connection with the sinking of the luxury yacht Bayesian, which caused the deaths of seven people.

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By Elisabetta Povoledo

Reporting from Rome.

Prosecutors in Sicily have broadened their investigation into the sinking of the luxury yacht, the Bayesian, and are now looking into the actions of two more crew members, their lawyer said Thursday.

The captain of the yacht, James Cutfield, is also facing a manslaughter inquiry to determine whether his actions negligently caused the shipwreck, one of his lawyers said Tuesday.

Seven people — six passengers and one crew member — died in the Aug. 19 accident amid a pre-dawn storm off the coast of Sicily. Among the victims was the British tech entrepreneur Mike Lynch, whose family owned the Bayesian, as well as his 18-year-old daughter Hannah.

On Wednesday, prosecutors placed under investigation Tim Parker Eaton, who was in charge of the Bayesian’s engine room, and Matthew Griffiths, the crew member who was on lookout duty that night. They are both represented by Marco Scopesi, a lawyer based in Genoa, who confirmed that the two men were under investigation.

In Italy, placing someone under formal investigation does not necessarily mean criminal charges will follow.

The cruise was to celebrate Mr. Lynch’s acquittal in June on charges that he had led one of the biggest frauds in the technology industry by vastly inflating the value of a company he had founded when he had sold it to Hewlett-Packard for $11 billion in 2011. This summer, he had scheduled several cruises to thank the lawyers who had helped him win the case.

Prosecutors in the Sicilian town of Termini Imerese are looking into what caused the 183-foot sailboat — described by the company that owns the ship maker as “unsinkable” — to suddenly capsize and sink to a depth of 165 feet. There had been 22 people on board the Bayesian when it sank, 10 crew members and 12 guests. After the shipwreck, the 15 people who escaped had been transferred to a hotel in the nearby town of Santa Flavia, where journalists were kept at bay.

Last weekend, the six passengers who had survived the shipwreck left the hotel. This week, the nine crew members, including those under investigation, left the hotel and Italy, according to two people familiar with the situation not authorized to speak about it publicly. The crew members had not been prohibited from leaving Italy.

Prosecutors interrogated Captain Cutfield on Tuesday, but he asserted his right to remain silent. Giovanni Rizzuti, one of his lawyers, told Italian media that his client was very “distressed.” Mr. Rizzuti also said that as he had only taken the case on Monday, he needed time to come up with a “thorough, complete and correct” line of defense, and go through the elements of the case, he said. Captain Cutfield left Sicily on Thursday, according to a person familiar with the case.

In Italy, placing someone under investigation means that they can have a lawyer present when non-repeatable examinations, like autopsies, are carried out.

Mr. Scopesi said that like the captain of the Bayesian, his clients were under investigation on charges of manslaughter and causing a shipwreck, “in a very general way, the prosecution hasn’t focused on anything specifically,” he said.

“We’re still at the beginning” of the investigation, he said.

Emma Bubola contributed reporting.

Elisabetta Povoledo is a reporter based in Rome, covering Italy, the Vatican and the culture of the region. She has been a journalist for 35 years. More about Elisabetta Povoledo

The 5 tragic minutes that sank a superyacht

PORTICELLO, Italy — Survivors of a storm that sank a superyacht off Sicily recounted their ordeal to one of the doctors who rushed to their aid, with some saying it took mere minutes for the 180-foot ship to go down. 

Dr. Fabio Genco, head of the Palermo Emergency Medical Services, told NBC News on the phone Thursday that he arrived in the seaside village of Porticello before dawn Monday, about an hour after the $40 million Bayesian sank in the violent and sudden storm.   

Of the 22 people onboard, 15 survived despite storm conditions and darkness, climbing onto a lifeboat before being rescued by a nearby sailboat. The crew members have made no public statements so far, though some have been interviewed by investigators.

“They told me that it was all dark, that the yacht hoisted itself up and then went down,” Genco said, recounting what the survivors told him. “All the objects were falling on them. That’s why I immediately made sure, by asking them questions, if they had any internal injuries,” he said. 

It appears they had just minutes to abandon the sinking ship, Genco said. 

“They told me that suddenly they found themselves catapulted into the water without even understanding how they had got there,” he said, “And that the whole thing seems to have lasted from 3 to 5 minutes.”

Giovanni Costantino, CEO of The Italian Sea Group, which owns Perini Navi, the Bayesian's shipbuilder, told Sky News that there were no flaws with the design or construction of the yacht. He said their structure and keel made boats like that “unsinkable bodies.”

In an interview with the Italian newspaper Corriere della Sera, he disavowed responsibility, blaming instead the actions of the crew. “Mistakes were made,” he said. 

Genco said one of his colleagues who arrived at the scene before him initially thought that only three people survived, but the coast guard reported there were other survivors and more emergency services were called in. 

When Genco arrived, he found scenes of panic and despair. 

“Unfortunately, we are used to such panic scenes because we are used to the shipwrecks that happen on Lampedusa ,” Genco said, referring to the island southwest of Sicily, where the wreckage of boats carrying migrants on the sea journey from North Africa to Italy are often found . 

Six of the passengers were declared missing Monday, and by Thursday, the bodies of five had been recovered from the wreck , some 160 feet underwater.

Among those who survived is Angela Bacares, wife of the British tech mogul Mike Lynch , whose body was recovered Thursday. 

Another survivor has been identified as Charlotte Emsley, 35. She told the Italian news agency ANSA that she had momentarily lost hold of her year-old daughter, Sofia, in the water but managed to retrieve her and hold her over the waves until a lifeboat inflated and they were pulled into safety.

Dr. Domenico Cipolla at the Di Cristina Children’s Hospital in Palermo is also part of a team of medical professionals treating the shipwreck survivors. He told the BBC on Wednesday that Emsley and her daughter, as well as the father of the child, who Cipolla said also survived, are continuing to receive psychological help. 

“Psychological support was constant and is constant even today, because basically it is the wounds of the soul that are the most in need of healing in these cases,” Cipolla said.

Genco also told NBC News that he was especially concerned about the child. “She did not understand anything. She was soaking wet and cold,” he said. 

Karsten Borner, the Dutch captain of the Sir Robert Baden Powell, a yacht that was anchored near the Bayesian, said by phone Wednesday that he saw a thunderstorm come in at around 4 a.m. local time (10 p.m. ET) Monday, followed by what looked like a waterspout, a type of tornado that forms over water. 

The International Centre for Waterspout Research noted on X that there was a “waterspout outbreak” off Italy on Monday, the day the Bayesian sank. 

“I turned on the engine and made maneuvers so that we wouldn’t collide with the Bayesian, which was anchored about 100 meters from us,” Borner said. “Then all of a sudden it disappeared. Then the wind calmed down, we looked around and saw a red flare.”

Borner said he got into his boat’s tender and saw a life raft with 15 people on it. Members of the crew were administering first aid. 

“I don’t know why it sank so quickly, but it may have something to do with the mast which was incredibly long,” he said. Questions have been raised about whether the mast was to blame for the accident as tall masts, even with the sails down, have more surface area exposed to the wind, which can contribute to tipping a vessel in a storm.

The CCTV footage that emerged Tuesday showed the yacht’s 250-foot mast, believed to be one of the tallest aluminum sailing masts in the world, lashed by the storm as it appears to tilt to one side before disappearing.

Claudia Rizzo is an Italy based journalist.

Claudio Lavanga is Rome-based foreign correspondent for NBC News.

Yuliya Talmazan is a reporter for NBC News Digital, based in London.

Authorities Investigating Crew Members of Sunken Yacht, Captain for Manslaughter

No charges have been pressed — yet., plot thickens.

The investigation into the sinking of a yacht earlier this month in Siciliy that killed seven people, including British billionaire Mike Lynch , is expanding. Italian authorities are now including two more crew members in its probe, The New York Times reports , joining the ship's captain, James Cutfield, who has been under a manslaughter inquiry since Monday.

The 184-foot vessel, the Bayesian, capsized while at anchor just minutes after being caught in a storm the morning of August 19. There were 22 people aboard the yacht — 10 crew and 12 passengers — when it went down. Among the seven who died, six were passengers, including Lynch and his 18-year-old daughter Hannah.

Newly under investigation, as of Wednesday, are the ship's engineer Tim Parker Eaton, who manned the engine room, and sailor Matthew Griffith, who was serving as lookout the night of the sinking.

No charges have been pressed yet, because in Italy being investigated doesn't necessarily mean that criminal charges will follow, according to the NYT .

Too Big to Sink

That a ship of the Bayesian's size and caliber sank so easily has raised concern among sailors and investigators — and even the ship's manufacturer , which maintains that it should have been "unsinkable."

There are also questions about why so many passengers perished, while all but one of the crew made it out alive. Raffaele Cammarano, the prosecutor of the case, suggested that the victims may have been asleep while the disaster swiftly unfolded.

Whether any crew members were there to wake them up is "precisely what we are trying to ascertain," he said, as quoted by The Guardian .

So far, only Cutfield, the captain, is under a manslaughter investigation for possible negligence that led to the deaths of the passengers. The 51-year-old New Zealander was interrogated by prosecutors on Tuesday, but exercised his right to remain silent.

All nine of the surviving crew members, including Cutfield, have left Italy, according to the NYT . They were under no obligation to stay there, but were required to appoint legal representation before leaving, Reuters reported .

Dredging Up

The investigation is still in its nascent stages, but several red flags have already cropped up.

Giovanni Costantino, CEO of the Italian Sea Group, which owns the Bayesian's builder Perini Navi, argued in an interview with Italian newspaper Corriere della Sera  that the ship being at anchor was one of them. He suggests that the crew may have failed to follow proper procedures , such as lifting anchor, steering into the storm, and securing all doors and hatches.

According to CBS News , which cites reports by Italian media, prosecutors are investigating whether Eaton, the Bayesian's engineer, neglected to use security systems that automatically closed all these openings in the ship's hull, which could explain why it sank so rapidly.

But to reiterate, no one has been charged yet. A crucial stage of the investigation will be salvaging the shipwreck, which currently lies 165 feet under the sea, and that will take considerable time.

More on maritime disasters: Billionaire Yacht Was Piloted Recklessly Before Deadly Sinking, Its Builder Warns

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Yacht Sank in Sicily Due to ‘Endless Chain of Errors,' Ship Maker's Owner Speculates: ‘Everything Was Predictable’

"A series of activities should have been done to avoid finding oneself in that situation," argues Giovanni Costantino, who owns the firm that built the vessel in 2008

• Giovanni Costantino — who is the CEO of The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — blames an "endless chain of errors" for the luxury yacht’s sinking on Monday, Aug. 19
• "Everything was predictable. I have the weather charts in front of me here," Constantino told Italian newspaper  Corriere della Sera  of the storm the boat was caught in
• "An unsinkable ship but from the crew an endless chain of errors," the CEO claimed to the outlet

The sinking of the luxury Bayesian  yacht off the coast of Sicily this week  resulted from an "endless chain of errors" by the crew, the ship maker's CEO is speculating.

"This episode sounds like an unbelievable story, both technically and as a fact," Giovanni Costantino — who leads The Italian Sea Group, the company that now owns Perini Navi, which built the  Bayesian  in 2008 — said,  according to CNN .

While speaking to  Italian newspaper  Corriere della Sera , Costantino said he believes those on board should not have been in their cabins, as he claims they were, when the Bayesian sank in the early hours of Monday, Aug. 19. 

Many details of why the yacht went into the water so quickly remain unclear and it's not yet known what the passengers and crew were doing before tragedy struck.

PERINI NAVI PRESS OFFICE/HANDOUT/EPA-EFE/Shutterstock

The 183-foot British vessel sank around 5 a.m. local time on Monday after a "violent storm" while near Porticello, the Italian coast guard said in a statement that was previously obtained by PEOPLE.

"Everything that has been done reveals a very long sum of errors. The people should not have been in the cabins, the boat should not have been at anchor. And then why didn't the crew know about the incoming disturbance?" Costantino said in his interview, translated from Italian.

"The passengers reported an absurd thing, namely that the storm came unexpected, suddenly. It's not true. Everything was predictable. I have the weather charts in front of me here. Nothing came suddenly ... Ask yourself, why was no fisherman from Porticello out that night? A fisherman reads the weather conditions and a ship doesn't? The disturbance was fully readable in all the weather charts. One could not not know," he argued.

"An unsinkable ship but from the crew an endless chain of errors," the CEO asserted.

The coast guard has said 22 people were aboard the  Bayesian  when it sank — 12 passengers and 10 crew — and that 15 of those were subsequently rescued.

The body of the yacht's chef, Recaldo Thomas, was recovered nearby. 

ALBERTO PIZZOLI/AFP via Getty

Costantino's comments came as it was reported that five bodies had been found in the search for the missing six people as of Wednesday, Aug. 21, a source close to the rescue operations confirmed to PEOPLE. Authorities have said that their work is ongoing. 

An Italian government official, Massimo Mariani, reportedly named one of the dead as British tech tycoon Mike Lynch . The other bodies have not yet been publicly identified by authorities. 

Lynch was celebrating with family and friends on the yacht following his acquittal in a fraud trial in June, PEOPLE previously reported.

Costantino offered his view of how the tragedy could have been avoided: "To begin with, in a weather alert situation it was inappropriate to have, as I read, a party. Not that evening. The hull and deck needed to be secured by closing all doors and hatches, after putting the guests at the ship's meeting point as per emergency procedure. Then start the engines and pull up the anchor or release it automatically, put the bow to the wind and lower the keel.

"The next morning they would have departed with zero damage." 

Jonathan Brady/PA Images via Getty

When discussing whether the crew were at fault, Costantino reiterated to the Italian outlet that he believes "errors were made."

"A series of activities should have been done to avoid finding oneself in that situation," he said. "I as the ship's captain would have moved, but even if for some reason I had to stay there, I would have managed those weather conditions which then, let's face it, weren't so crazy."

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Costantino contended that there would have been "a zero risk if the correct maneuvers had been made and if situations that compromised the ship's stability had not occurred," adding to the newspaper that reports that the boat went down in seconds is "nonsense." He believes the yacht would have "went down" after water "started to enter" within "six minutes."

The remaining missing  Bayesian  passengers are Lynch's daughter Hannah as well as Chairman of Morgan Stanley International  Jonathan Bloomer, his wife, Judy , and New York City-based lawyer  Christopher Morvillo and his wife, Neda , sources have said.

Lynch's wife, Angela Bacares, was among those rescued, PEOPLE previously reported.

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Manslaughter Probe Launched After Bayesian Yacht Sinking Kills British Entrepreneur, Morgan Stanley Chief

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Italian authorities have launched a manslaughter investigation into the captain of the luxury Bayesian sailing yacht that sank off the coast of Sicily last week in a wreck that killed seven people, including Britsh tech entrepreneur Michael Lynch, his 18-year-old daughter, Hannah, and Morgan Stanley International director Jonathan Bloomer.

Italian Coast Guards take part in searches of missing off Porticello near Palermo, on Aug. 21, 2024.

Italian prosecutors will investigate James Cutfield, the captain of the Bayesian, for manslaughter after the ship sank in rough weather overnight on Aug. 18, multiple outlets reported Monday.

The investigation will look into if the crew of the ship appropriately handled the storm that hit the yacht before it capsized, if passengers were warned of imminent danger and if hatches on the ship were left ajar, which would have contributed to its quick sinking.

As part of the probe, the ship will be raised from the waters in which it sank later this year, CNN reported , at the cost of registered owner Angela Bacares, the wife and mother, respectively, of victims Michael and Hannah Lynch.

The Bayesian, named for a mathematical theory, is currently about 50 meters (164 feet) below the surface near the port of Porticello in Sicily, Italy, and sank less than a minute after it capsized.

Officials have said the passengers who died—Michael and Hannah Lynch, Jonathan and Judy Bloomer and Chris and Neda Morvillo—were likely asleep at the time of the sinking.

Notices of investigations into an incident must be issued in Italy before autopsies can be done on victims, Reuters reported , and the opening of a probe does not necessarily mean formal charges will follow.

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Key Background

The Bayesian is a 184-foot luxury sailing yacht with a 246-foot aluminum mast—the tallest of its kind in the world. It is legally owned by Bacares and her late husband "had a lot of pride" in his yacht, a staff member told The Times of London. The Lynch/Bacares family was on board with seven guests and the boat was anchored when a storm hit overnight on Sunday, Aug. 18. The harsh weather included a " waterspout ," a tornado-like swirling column of air and water, that caused the vessel to top over and it was then quickly dragged underwater. Of the 10 passengers, six died in the capsizing and their bodies were recovered last week. There were also 12 crew members on board and one, Recaldo Thomas, also died. Among those resued were Bacares; Charlotte Golunski, a partner at Lynch's Invoke Capital, along with her partner and her baby daughter; lawyer Ayla Ronald and her partner.

Lynch, Bloomer and Morvillo were all involved in a massive fraud trial that saw Hewlett-Packard accuse Lynch and others of artificially inflating the value of his software company, Autonomy, before HP purchased it in 2011. Lynch was indicted for conspiracy and wire fraud in the sale but was acquitted alongside his co-defendant Stephen Chamberlain, who was killed in a car crash in the U.K. the same weekend the Bayesian sank in Italy. Bloomer testified for the defense at Lynch’s trial, according to the Associated Press , and Morvillo was one of the lawyers on the case.

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2 Crew Members Under Investigation In Sicily Yacht Sinking

As the investigation into the sinking of the superyacht off the coast of Sicily broadens, Italian prosecutors are now scrutinizing the actions of two other crew members in addition to the captain of the vessel.

On Wednesday, prosecutors placed crew members Tim Parker Eaton and Matthew Griffiths under investigation, according to The New York Times . Eaton was in charge of the yacht’s engine room, while Griffiths was on lookout duty the night the yacht sank.

When someone is placed under investigation in Italy, there is no guarantee that charges will follow.

The Bayesian, a 184-foot British-flagged yacht deemed unsinkable by its ship maker Perini Navi, went down in a storm off the coast of Sicily on Aug. 19, killing one crew member and six passengers, including British tech magnate Mike Lynch and his 18-year-old daughter, Hannah.

The yacht carried 22 people — 10 crew members and 12 guests who were there celebrating Lynch’s acquittal in June on all charges in a fraud case that followed the sale of his company Autonomy to Hewlett-Packard for $11 billion in 2011.

Fifteen of the 22 people aboard survived by escaping on a lifeboat and were rescued by the sailboat Sir Robert Baden Powell. It remains unclear how the Bayesian sank, especially as the nearby Baden Powell remained largely unscathed despite the storm.

According to The Associated Press , Giovanni Costantino, head of the Italian Sea Group, which owns Perini Navi, said the yacht’s sinking was likely caused by human error.

“The ship sank because it took on water. From where, the investigators will say,” he told Italian state media, per the AP.

Captain James Cutfield is facing a manslaughter inquiry to determine whether his actions caused the shipwreck, Cutfield’s lawyer Giovanni Rizzuti told the Times on Tuesday. Prosecutors interviewed Cutfield this week, but he exercised his right to remain silent and is “very distressed,” according to Rizzuti.

This week, nine of the 10 crew members, including those under investigation, left Sicily, sources told the Times. In Italy, people under investigation are not prohibited from leaving the country.

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