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buttons or the photos below to see multiple high resolution interior and exterior photographs and a detailed inventory of each boat, plus a video.
yachts built, this twin keel example has been in the present ownership for 18 years, and is now reluctantly for sale due to the owners inability inability to use her fully. Afloat in Cornwall.

Contessa 32

£28,000, 32' 0", fin and skeg.

- a classic cruiser-racer. This 1979 example has been in the same ownership for 30 years, has been re-engined, and has some nice additions such as a removable Neptune windvane self-steering gear, and telescopic aluminium beaching legs that can stow below. Afloat in Plymouth.

£47,500

35' 5".

is actually closer to 36 ft overall rather than 34 ft, and in the words of 'Practical Boat Owner' magazine, is ".... an ideal starter boat for a young family, as well as an easy to handle cruiser for a mature couple often cruising alone." This fin keel 2000 example has in-mast furling and is a well looked after and quite lightly used example of these popular cruisers, with a good cruising inventory including recently installed bowthruster, large colour plotter and other new electronics.

British Hunter Channel 31

£42,500, 30' 9".

at £42,500 is a David Thomas design that offers a remarkable combination of easy handling with good performance and the ability to dry out on her twin keels. Hunter always referred to these boats as "twin fin" rather than "bilge keel" to emphasise their performance. She is one of the few boats of this size to achieve a RCD Category 'A' rating even for the twin keeled version. Afloat in Cornwall, but will move to Devon shortly.

Tradewind 35

£55,000, 35' 0".

at £55,000 is a moderately heavy displacement long-keeled yacht with a Hydrovane self-steering gear and wind generator on the stern, and excellent sails. She was coppercoated in early 2021. Internally she is in nice condition, with good upholstery and Mikuni blown air heating. In the present ownership for 14 years, she is for sale now only because of a bereavement.

£69,000

41' 0".

to the present owner in 2016, and she is now back on the market. She has had the original 48 hp engine replaced with a 65 hp, and she has a bowthruster and an Aries windvane. In the present ownership she has had new electronics and standing rigging, also expensive renewal of the teak toerails and rubbing strakes. Unusually for a Rival 41, this is a remarkably lightly used yacht, that has never done major mileages. Afloat in S. Wales, though she will be coming to Cornwall later this summer.

Moody 31 Mk II

£26,000.

from 1989 at £26,000 has excellent accommodation including a good-sized aft double cabin. This is one of the later-built Mk IIs, which have a sugarscoop stern. The hull is epoxied, and she has a good cruising inventory including heating and updated instruments. The owners have now bought a larger yacht. Ashore in Hampshire.

Beneteau First 285

£19,750, 28' 9".

is a moderately fast boat for her size, whilst retaining a comfortable cruising interior with 6' 3" headroom in the saloon. This 1988 example is the shallow winged keel version and unusually for a yacht of under 30 feet has wheel steering. For sale now as the owner want to buy a larger yacht.

Yarmouth 23 gaff cutter

£28,500, 26' 2".

at £28,500 is a GRP gaff cutter and was built as a demonstration boat for the builders. She was exhibited at the 2012 and 2013 Southampton Boat Shows. Now in her second private ownership she is for sale as other commitments are giving less and less opportunities for the owner to sail her. She has an uprated 20 hp Beta diesel with very low hours.

Westerly 33

£21,500, 33' 3".

at £21,500 is a well maintained example of these solid, powerful cruising yachts. In the same ownership for over 25 years, she has been used for family cruising, and the present owner also sailed her in the 2009 OSTAR singlehanded transatlantic race, finishing third in class. She has a good inventory including a full cockpit tent, radar and autopilot, and the hull had a full osmosis treatment in 2017/18. Ashore in Hampshire, and .

Southerly 100

£36,000, 32' 10".

at £39,950 is a Dick Carter design, one of the few really shallow draught modern yachts available. She has a pilot house with interior steering, and a cast iron ballast plate protecting the keel and bottom when grounding. We sold this yacht to the present owner 10 years ago, and since then he has very comprehensively upgraded and equipped her. She is for sale now only for the owner's health reasons. Ashore in Hampshire.

£125,000

37' 3".

at £125,000 is a really high quality yacht offering an excellent balance of sailing performance, seakeeping and comfortable and beautifully finished accommodation. She has a fixed windscreen aided by clear screens to the "targa" arch, which also neatly contains the mainsheet, giving plenty of protection to the cockpit, with a full cover extension for use in harbour. This is a well looked after boat, that feels bigger than her 36 ft nominal length, both on deck and down below. Afloat in Hampshire.

Beneteau Oceanis Clipper 323

£52,500.

at £52,500 is a really well looked after and updated example of these popular family cruisers. She has excellent recent sails, and an inventory that includes good electronics, cabin heating and a full cockpit "camper" cover. The interior is in immaculate condition, and the dark blue hull also looks very good indeed. This yacht is the deep keel "Clipper" version with blue hull.

Wauquiez Pretorien 35

from Wauquiez. This yacht is a quality fast cruiser, with an interior in extremely good condition. In the last five years she has had a bowthruster fitted, all new batteries, a Darglow feathering prop fitted, new standing rigging and rod kicker, and a new laminate genoa, plus other work. Ashore in Devon.

Jeanneau Sun Odyssey 36i

£69,950, 35' 11", shallow fin.

is the preferred "owners" version. This is a shallow fin keel yacht with a very good inventory including excellent sails and a full cockpit "camper " cover. The hull has just had the old antifouling gritblasted off, and is ready for the new owner's preference of Coppercoat or antifouling. Ashore in Hampshire.

Hunter Legend 356

£59,500, 35' 6".

at £59,500 is an unusual yacht in that she is one of the few genuinely modern twin-keeled family cruisers around. Built by the US based Luhrs Marine in their UK Dorset factory in 2003, she offers a remarkably spacious interior and good sailing performance. Afloat in Hampshire.

Hunter Legend 340

£47,000, 33' 6".

with the shallow wing keel option at £47,000. Like most American boats this yacht has a spacious interior with good headroom and a large aft cabin double berth. She has a backstayless Bergstrom rig with a large in-mast furling mainsail sheeted to a cockpit arch and a relatively small headsail keeping sheet loads light. Afloat on the Isle of Wight.

£49,000

34' 5".

with the very useful option of twin bilge keels. The stand-out feature of these models is a very spacious aft cabin with double berth plus sitting space. This yacht has quite recently been re-engined with a 42 hp Sole diesel, more powerful than the original 35 hp Thornycroft. She has a good inventory including recent standing rigging and furling gear. Afloat in Hampshire.

Hunter Channel 31

£51,500.

was the 2003 Boat Show exhibit, and has been in the same ownership from new. She is in extremely good condition, and though quite extensively cruised by the family, has clearly been very well maintained. The hull is coppercoated and she has a Gori feathering prop. She has a good cruising inventory and Eberspacher heating, along with recent standing rigging.

Dufour 36 Classic

£56,000, 36' 1".

at £56,000 is a very nicely fitted out modern cruising yacht. This yacht is the three cabin version with the shallow fin keel and in-mast reefing. She appears lightly used and well maintained, and the hull was Coppercoated in 2017. Afloat in Hampshire.

Nauticat 37

£185,000, 36' 11".

from 2002 at £185,000 is one of their later models designed for better sailing performance, whilst retaining a beautifully crafted teak interior with a spacious deck saloon. She has an excellent inventory including electric winches and a comprehensive suite of newish Raymarine electronics. Afloat in Cumbria.

Wauquiez Centurion 40

£75,000, 39' 7".

at £75,000 is a fast, elegant and highly seaworthy cruiser designed by Rob Humphreys and Ed Dubois, built by the quality French manufacturer Henri Wauquiez. Although she has seven berths, she is ideal for two couples, as she has separate heads by the fore and aft cabins. This 1988 example has the optional shallow draught lead bulb keel and an excellent inventory including a silenced diesel genset. Ashore in Hampshire.

.... more boats for sale on our classifieds pages - though these are not inspected or photographed by Yachtsnet

Yachtsnet and yachtsnet.co.uk are trademarks of yachtsnet ltd. yacht brokerage and boat sales, registered office: 8 stratton terrace, falmouth, cornwall tr11 2sy. company no: 4110188 telephone 01326-212234 var first = 'ma'; var second = 'il'; var third = 'to:'; var address = 'enquiries'; var domain = 'yachtsnet'; var ext = 'co.uk'; document.write(' '); document.write('click here to contact us by e-mail '); // --> if you are thinking of selling a sailing yacht please contact us to discuss how well we can present your boat for sale. as well as listing yachts for sale on this yachtsnet website, we also list brokerage boats on the apollo duck website plus using google adwords and from time to time other boat sales websites. we operate on substantially lower commission rates than most other yacht brokerages on a standard "no sale no fee" basis with no vat on our commission charge..

We now only normally sell sailing yachts or motor-sailers, plus very occasionally a traditional displacement motor yacht - we will not offer planing powerboats for sale. Although based in Falmouth in Cornwall, we sell boats located throughout the south and southwest coasts of England, always with our own very high quality photographs and full details and inventory. Areas we cover regularly for brokerage yacht sales include Penzance, Falmouth and Mylor, Fowey, Plymouth, Salcombe, Dartmouth, Torbay, the Exe, Padstow, Instow, and the Bristol Channel up to Portishead, Bristol and Cardiff. On the south coast we regularly sell boats in Weymouth, Portland, Poole, Christchurch, Lymington, Southampton and Hamble, Gosport and Portsmouth and the Isle of Wight, and around the Chichester harbour area. Beyond this area contact us, as we may very well still be able to assist with your yacht sale - we have sold boats in Wales, Scotland, France, Spain and Italy.

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SUR Marine ST 290 Classic Limited edition

Hamble-le-Rice (United Kingdom)

OFFERED BY:

New to the Market this 2022 SUR Marine ST290 limited edition with only 20hrs since new. Custmer selling due to his Larger boat being sold. CAN BE VEIW...

London (United Kingdom)

Ventura UK Limited

[English] The Riva Aquariva is the spiritual heir to that most famous of the classic wooden Rivas, the Aquarama and captures the essence of the grand tradition of Riva style, tr...

Acury MYT 13

ACURY YACHT powered by ACTINAVIS

ACURY MYT 13 LOA: 42' 8" (13.00m) Beam: 10' 6" (3.20m) Max Draft: 2' 0" (0.60m) Hull Material: Carbon Composite Hull Config: Planing Speed Cruising 25 knots Max 55 knots Location: Unite...

Posillipo Technema 80

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The 2008 Posillipo Technema 80 is an impressive 27.30 meter long vessel that is available for sale in Greece. She is powered by twin MTU 2,000 HP engines while she cruises at 22...

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  • Bavaria BAVARIA 45 CRUISER for sale

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  • € 299,000.00
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  • Arcona 465 CarbonA well-equipped Arcona 465 Carbon performance cruiser with an emphasis on both performance and cruising.This boat has had a first class upgrade and refresh at our yard and is in absolutely top condition. Some features: The hull and deck are built fully in Carbon, A new bow thruster is installed 2024. The interior is made in Oak. Sails from North Sails, Main, jib 106% 3Di Endurance 760, Inner jib Norlam, Asymmetric spinnaker G2, Code G2 Running Gennaker NorLon. Fischer Panda 3.8 Kw generator. 80 hp Yanmar engine. Ultra Marine anchor with stainless steel chain.Ready to launch and sail away!14.09M 2019 ARCONA 465 CARBON6 392 000 SEK EX. VAT (VAT NOT PAID)7 990 000 SEK INCL. EU VAT HENÅN, SWEDENNavigation equipment:AIS, Rudder angle indicator, DSC vhf.Staging and technical:Engine Alarm, Water pressure pump, Deck Shower, Twin Steering, Solar panels, Gangway, Automatic Bilge Pump, Manual Bilge Pump, Teak Cockpit, Shorepower connector, Electric Windlass, swimming ladder, cockpit table, Winch Electric (HARKEN), Windex.Domestic Facilities onboard:Warm Water System, Light Dimmer, 12V Outlets, 220V Outlets.Entertainment:Speakers, Hi-Fi.Sails accessories:Gennaker equipment, Spi Equipment, Jib Furling System, Bowsprit, Lazy Jack, Backstay tensioner, Vang.Kitchen and appliances:Galley.Upholstery:Instrument Cover.
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  • Category: Sailing Boats, Sloop Built: 1995 Length: 13.6 m Country: France City: Corse, France
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  • Jeanneau SUN KISS 47 for sale

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  • We launched the catamaran in March 2022 and it operates in our charter fleet in Sukošan. As we are not only a charter company but also an official Fountaine Pajot dealer, the boat is very well maintained with regular servicing. The boat has never had a serious accident or damage.​The boat must remain in our charter fleet for the entire 2024 season, after which the new owner can decide whether to continue with the charter management program or start using the boat for its own purposes. The boat can remain in charter without problems for at least another 5 years. A new Croatian company was established to operate the boat in charter and this company is also the owner of the boat. It is therefore possible to buy the entire company including the boat, i.e. only to transfer the company\'s business share to the new owner. The boat is currently financed by leasing, so in the event of a transfer of the entire company, there is no need to change anything and just simply continue the lease payments. In this case, the first investment is only about 366 thousand Euros (status as of 30.8.2024). The total price of the boat in the case of continued charter management is also 33,500 Euros lower, i.e. 625,500 Euros without VAT.​Equipment: 4 double cabins + 2 skipper\'s cabins in the bows, 4 toilets, mainsail with lazy bag, furling genoa, bimini above the helm position, cockpit tent, electric anchor windlass, Garmin electronics, GPS 8410 chart plotter, 2x multi GMI20, autopilot, AIS, VHF, audio Fusion, speakers in salon and cockpit, 3x refrigerator, gas stove with oven, invertor, generator, air conditioning in salon and cabins, watermaker,  generator, solar panels, electric bathing platform with dinghy craddle, cushions in cockpit and bow, shower in the cockpit, complete safety and kitchen equipment included in the price, liferaft, dinghy 3,40 m without engine.​​​Charter management program: the owner\'s share is 70% of the net income minus the costs of berth, insurance and maintenance. Details will be sent upon request.​​The price is shown without VAT. If the buyer is a company with a registered European VAT number or if the boat is exported outside the EU, then this price is the final price. For a private person from the EU without VAT registration, Croatian VAT of 25% of the amount stated on the invoice must be added.​The boat is anchored and can be seen and rented at our pier at the base in Sukošan.
  • Category: Sailing Boats, Catamaran Built: 2022 Length: 12.58 m Country: Croatia City: D-Marin Dalmacija Marina, Sukošan, CROATIA
  • € 659,000.00
  • Beneteau OCEANIS 38 for sale

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  • We launched the boat in March 2015 and it has been operating in our charter fleet in Sukošan all this time. As we are not only a charter company but also an official Beneteau dealership, the boat is professionally maintained with regular servicing. The boat has never had a serious accident or boarding.​The boat must operate in our charter fleet until the end of the 2024 summer season, after which the new owner can decide whether to continue the charter management program or start using the boat for his own purposes. A new Croatian company was established to operate the boat in charter, and this company is the owner of the boat. It is therefore possible to buy the entire company including the boat, simply just to transfer the company\'s business share to the new owner.​Equipment: 3 cabins, 1 toilets, furling mainsail, furling genoa, bimini, sprayhood, teak cockpit floor, electric anchor windlass, B&G electronics, chart plotter, wind, depth, speed, autopilot, VHF, bow thruster, double berth in salon, refrigerator, full safety and kitchen equipment included in the price, liferaft, dinghy without engine.​Charter management program:  the owner\'s share is 70% of the net income minus the costs of mooring, insurance and maintenance. Details will be sent upon request.​The price is shown without VAT. If the buyer is a company with a registered European VAT number or if the boat is exported outside the EU, then this price is the final price. For a private person from the EU without VAT registration, Croatian VAT of 25% of the amount stated on the invoice must be added.​The boat is anchored and can be seen and rented at our pier at the base in Sukošan.
  • Category: Sailing Boats, Sloop Built: 2015 Length: 11.5 m Country: Croatia City: Sukošan, Sukošan, CROATIA
  • € 109,000.00
  • Beneteau OCEANIS 46.1 for sale

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  • Category: Sailing Boats, Sloop Built: 2019 Length: 14.6 m Country: Italy City: Salerno, Salerno, ITALY
  • € 240,000.00

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  • Category: Sailing Boats, Sloop Built: 2019 Length: 14.6 m Country: Italy City: Marina Cala de\' Medici, Rosignano, ITALY

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  • Category: Sailing Boats, Sloop Built: 2019 Length: 14.6 m Country: Italy City: Portorosa Marina Yachting, Tonnarella, ITALY
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Search Resumes for British Mogul and 5 Others After Yacht Sinks Off Sicily

The body of the vessel’s cook was recovered while divers searched the hull of the Bayesian for passengers, including the tech entrepreneur Mike Lynch.

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By Elisabetta Povoledo

Deep-sea divers with Italy’s firefighter corps resumed their search on Tuesday for six missing passengers — including a British software mogul and his daughter — of a yacht that sank off the coast of Sicily the previous day.

Twenty-two people were on board the 180-foot British-flagged sailing yacht, the Bayesian, which was anchored near the port of Porticello, when it was hit by what witnesses described as a waterspout, a small tornado on water, during a sudden and violent storm.

Fifteen people who managed to get to a raft were rescued by the captain of a nearby sailing cruise ship. The body of the yacht’s cook, identified by news outlets as Recaldo Thomas, a Canadian Antiguan, was recovered on Monday. But several people are still unaccounted for, according to Salvatore Cocina, an official with Sicily’s civil protection agency.

Those still missing are Mike Lynch, a British technology entrepreneur; his daughter Hannah; Jonathan Bloomer, chairman of Morgan Stanley International; his wife, Judy Bloomer; Christopher J. Morvillo, a lawyer at Clifford Chance; and his wife, Neda Morvillo.

Mr. Lynch was acquitted of fraud in a U.S. trial in June, ending a high-profile, decadelong legal battle against accusations that he had defrauded Hewlett-Packard when he sold his company, Autonomy, to Hewlett for $11 billion.

Mr. Lynch and the others went missing days after Mr. Lynch’s co-defendant at the fraud trial, Stephen Chamberlain, a former vice president of finance at Autonomy, was fatally struck by a car on Saturday while out for a run, his lawyer, Gary S. Lincenberg, said in a statement.

Prosecutors in the Italian city of Termini Imerese, east of where the yacht sank, are opening a formal investigation into the yacht’s sinking. Reached by telephone, the chief prosecutor declined to comment.

The search for the missing passengers began on Monday but was suspended late that night as crews found themselves limited to the bridge deck and items like furnishings “obstructing passage,” the firefighters’ corps wrote on social media .

When divers resumed the search on Tuesday, ships trawled the waters near the site, the corps said in a statement. The Italian Coast Guard also said in a statement that search operations were “continuing unabated,” with the deployment of helicopters. There was no evidence that gasoline was leaking from the yacht, the Coast Guard said.

The yacht was lying on its right side in about 165 feet of water, meaning that divers, working in pairs, could stay underwater for only about 12 minutes at a time, said Luca Cari, a spokesman for the firefighters’ corps.

Divers were seeking a safe point of access to the vessel’s cabins. “Obviously, everything fell and the space is very tight,” Mr. Cari said, adding that the divers were having to remove obstacles, like furnishings and electrical wiring, that were “completely blocking passages.”

The firefighters’ corps said in a statement that it was impossible to verify whether people were inside the hull.

Mr. Cari said that several divers had been part of the search-and-rescue operations when the Costa Concordia, a cruise liner, capsized off the Tuscan island of Giglio in 2012, killing 32 people. It is considered one of the worst maritime disasters in modern Italian history.

“It’s like the Costa Concordia, but much smaller,” Mr. Cari said in a telephone interview, comparing the search operations. “In the Costa Concordia, we came across many obstacles but we somehow were able to overcome them. Here, the obstacles block the passages and have to be removed.” He added, “This makes it more difficult.”

Crews were also trying to raise the yacht, which experts will examine to try to determine why it sank. Until then, experts can only hypothesize what happened.

Karsten Borner, the captain of a ship, the Sir Robert Baden Powell, which picked up the Bayesian’s 15 survivors, said in an interview that when the wind picked up around 4 a.m. Monday, the Bayesian was about 490 feet behind his vessel. Once the wind wound down, he said, he could not see the yacht anymore.

“My theory was that she was capsized first and then went down over the stern,” Mr. Borner said.

Dario Boote, a ship structures and naval architecture professor at the University of Genoa, said: “Now I imagine that a whole series of lawsuits will be triggered, obviously to ascertain whether there is any responsibility, as always happens very unpleasantly in these situations.” He said, however, that in this case, responsibility might be hard to determine. “Clearly, only once the wreck is raised will we know more,” he added.

Several fishermen told Italian news outlets that they had witnessed a waterspout. Peter Inness, a meteorologist at the University of Reading, said they were relatively common in the Mediterranean, though their occurrence and intensity are unpredictable.

“Until one actually forms, you can’t start telling people where it is,” Mr. Inness said, or “how to get out of the way.”

The inclement weather — with lightning intermittently streaking through the sky — made it hard to know exactly why the yacht sank. Col. Attilio Di Diodato, director of the Italian Air Force’s Center for Aerospace Meteorology and Climatology, said the agency had registered intense lightning activity and strong gusts of wind in the area at the time the boat sank.

The Bayesian had one of the tallest aluminum masts in the world, according to its builder, Perini Navi. “Having a tall aluminum mast would not make it the safest port to be in case of a storm,” said Andrea Ratti, associate professor of nautical design and architecture technology the Politecnico di Milano. The type of intensity unleashed by a violent lightning storm “could have created a significant shock wave,” he added.

He, too, cautioned that “a lot of questions will remain until we have other elements at our disposal.”

Modern yachts are built to withstand meteorological events of reasonable intensity, and all international naval registers suggest that new ships be designed for higher waves and more frequent and extreme weather events.

But “this seems a case of an unreasonable extreme event,” said Emilio Fortunato Campana, an expert in Naval Hydrodynamics at Italy’s National Research Council. “In that case, no ship is 100 percent safe,” he added. “I think the Titanic showed that nothing is unsinkable.”

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

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.

A group of rescuers gather around a stretcher

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?

A collage of three men

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.

A picture of a woman inside a plane

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.

A man in a suit smiles

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.

Italy Boaters Missing

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. 

Two boats in the sea

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.

Watch CBS News

Luxury yacht sinks off Sicily, leaving U.K. tech magnate Mike Lynch, 2 Americans among those missing

By Anna Matranga

Updated on: August 20, 2024 / 7:47 PM EDT / CBS News

Rome  — Six people, including two U.S. nationals, a British technology entrepreneur and one of his daughters, were still missing Tuesday after a large luxury sailing yacht sank off the coast of the southern Italian island of Sicily during a violent storm. The 184-foot Bayesian had been anchored about half a mile off the port of Porticello, near Palermo, with 22 people on board — 10 crew members and 12 passengers.

The vessel sank at about 5 a.m. local time (11 p.m. Eastern, Sunday) after being hit by a possible waterspout spawned by the storm. Italian media said the winds snapped the boat's single mast, unbalancing the vessel and causing it to capsize.

Fifteen of those on board managed to escape the yacht and were rescued by a Dutch-flagged vessel that was anchored in the immediate vicinity. They were brought ashore by Italian Coast Guard and firefighters.

italy-boat-sinks-sicily.jpg

One body — an unidentified male — was recovered, but six people remained missing, including British software magnate Mike Lynch, once described as Britain's Bill Gates. 

Lynch was acquitted in June of fraud charges in the U.S. that could have landed him with a decades-long prison sentence. In an unusual twist, Lynch's co-defendant in that fraud case, who was also acquitted, died Saturday after being hit by a car while out jogging in England.

Lynch's teenage daughter Hannah was also among those missing, along with Lynch's American lawyer Chris Morvillo, a former assistant district attorney in New York, and his wife Neda. British banker Jonathan Bloomer, chairman of Morgan Stanley International, was also still missing Tuesday.

Hewlett Packard Rotten Deal Trial

Among the survivors was a 1-year-old British girl who was being treated at a nearby hospital along with her parents. They were doing well, according to Italian media.

"For two seconds I lost my child to the sea, then I immediately was able to grab her again in the fury of the waves," the girl's mother, identified only as Charlotte, was quoted as saying by Italy's ANSA news agency. "I held on to her tightly in the stormy sea. Many were screaming. Luckily the life raft opened up and 11 of us managed to get aboard."

"It was terrible," she told ANSA. "In just a few minutes the boat was hit by a very strong wind, and sunk soon thereafter."

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Karsten Borner, the captain of the Dutch vessel that came to the rescue, told ANSA he had been anchored near the Bayesian.

"When the storm was over we noticed that the ship behind us was gone, and then we saw a red flare, so my first mate and I went to the position and we found this life raft drifting, and in the life raft was also a little baby and the wife of the owner."

Recovery efforts were back underway Tuesday, with speedboats, helicopters and divers continuing to search for the missing — as well as for answers, as to how a state-of-the-art superyacht could disappear in a flash. 

According to Italian media, Fire Brigade divers reached the boat and saw bodies trapped inside some of the cabins, but they had been unable to recover any of the victims from inside the vessel by Tuesday, due to obstructions. The Bayesian appeared to have sunk in an area with a depth of about 160 feet.

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Witnesses said the boat sank quickly. 

"I was at home when the tornado hit," fisherman Pietro Asciutto told a local news outlet. "I immediately closed all the windows. Then I saw the boat, it had only one mast, it was very large. I suddenly saw it sink... The boat was still floating, then suddenly it disappeared. I saw it sink with my own eyes."

The director-general of Sicily's civil protection agency, Salvatore Cocina, confirmed to CBS News partner BBC News  that three of the six people still missing Monday were British tech entrepreneur Mike Lynch, whose company Autonomy Corporation PLC was acquired in 2011 by HP ; one of his daughters, Hannah Lynch, who is believed to be 18; and the boat's chef, Ricardo Thomas.

CBS News has seen corporate documentation showing a company called Revtom, solely owned by Lynch's wife Angela Bacares, who was among those rescued from the accident, as the owner of the yacht that capsized off Sicily. 

While the yacht was a privately owned pleasure boat, the waters around the island have claimed many lives over the last decade.

Dozens of migrants have died attempting to reach Sicily and smaller Italian islands in the region. Sicily sits only about 100 miles from the east coast of Tunisia in north Africa, and the Mediterranean crossing has been a frequent site of both nautical rescues and disasters as smugglers routinely send small boats overloaded with desperate people into the sea.

Alex Sundby , Joanne Stocker and Chris Livesay contributed to this report.

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Mike Lynch won a dramatic 12-year legal battle over his tech company. Weeks later, he and his top lawyer are dead.

  • Mike Lynch won an unexpected jury acquittal after a dramatic 12-year legal saga.
  • HP accused him of cooking the books of his company Autonomy to make it seem worth billions more.
  • He finally won — and then he, his lawyer, and his codefendant all died within days.

Insider Today

In 2011, Mike Lynch was the toast of the tech world.

Hailed as Britain's Bill Gates, Lynch sold Autonomy, his groundbreaking data-management company, to Hewlett-Packard for $11 billion.

Shareholders and business commentators were puzzled about what HP, a hardware company, would do with Autonomy, a software company — and why the latter was worth $11 billion. HP's executives said at the time that Autonomy had the potential to transform HP and usher the Silicon Valley titan into a new generation.

None of that happened. A year after the acquisition, HP wrote down $8.8 billion of the purchase value and accused Lynch of lying about Autonomy's finances.

The claim led to a vicious decadelong series of legal disputes.

Another Autonomy executive, Sushovan Hussain, was convicted of fraud in 2018 and sentenced to five years in prison. Federal prosecutors brought criminal charges against Lynch and Stephen Chamberlain, the company's former vice president of finance.

Lynch's court battles concluded with a three-month criminal trial in San Francisco. After just two days of deliberation, jurors found Lynch and Chamberlain not guilty on all counts.

"The truth has finally prevailed," his lawyer Chris Morvillo said.

Within months, Lynch, Chamberlain, and Morvillo were all dead.

A takeover doomed from the start

Lynch, who studied neural networks for his Ph.D. at Cambridge University, spun off Autonomy from a previous company, Cambridge Neurodynamics, in 1996.

Using sophisticated algorithms, Autonomy allowed users to organize and search through large amounts of unstructured data. It was a bright spot in Britain's tech industry and was listed on the country's stock-market index.

Autonomy's clients included Oracle, Adobe, Cisco, AT&T, and HP itself. But HP's purchase of Autonomy was controversial.

The hardware company's CEO, Léo Apotheker , who had been in the position for less than a year, tried to shift the company's direction. HP had struggled to sell printers and servers as part of its traditional hardware business. Apotheker wanted to spin off HP's personal-computing division and make a big bet on moving the company into software, which had higher margins.

Analysts hated the idea. Shareholders sued. HP's value dropped by more than half. The company's board fired Apotheker within weeks of the decision to buy Autonomy, before the deal even closed.

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His successor, Meg Whitman, fired Lynch and wrote down the value of Autonomy by $8.8 billion, which indicated HP paid nearly four times what it should have. The New York Times columnist James B. Stewart floated the case that it was the worst acquisition in corporate history — even worse than AOL's ill-fated purchase of Time Warner.

In a stunning move, HP accused Lynch of fraud the following year. The company alleged he and Hussain, a former CFO, inflated Autonomy's sales figures. The FBI and the UK's Serious Fraud Office both opened investigations.

Lynch fervently denied accusations of wrongdoing. He pointed out that Autonomy was audited by Deloitte, which hadn't found issues. Lynch said HP stifled Autonomy with mismanagement and bureaucracy that pushed out employees and stymied sales.

The culture at HP, he said, was poisonous.

"It was like boarding a plane, realizing the engine is on fire, and then going up to the cockpit only to find that the pilots are having a fight," he told The Telegraph at the time .

According to The New York Times, lawyers representing shareholders in the lawsuit against HP obtained a copy of the company's own KPMG-prepared due-diligence report. The report said that Autonomy wasn't transparent enough with its finances, but Apotheker moved forward with the takeover anyway, deciding that Autonomy's potential was worth it.

A legal morass

The UK's Serious Fraud Office announced in January 2015 that it closed its investigation into Autonomy, finding insufficient evidence for legal action, though it referred some issues to the US Justice Department.

In the subsequent months, HP and Lynch sued each other in the UK. As those cases wound their way through the British court system, US prosecutors continued investigating HP's purchase of Autonomy. In 2016, they brought fraud charges against Hussain, who was found guilty in a 2018 jury trial. British regulators formally barred him from the financial industry earlier this year after he completed a five-year sentence in the US.

HP unloaded Autonomy altogether, selling parts of it in 2016 and 2017.

In November 2018, Justice Department prosecutors went directly after Lynch and Chamberlain.

Their indictment accused Lynch and Chamberlain of falsifying financial documents, lying to auditors and regulators, and suppressing the voices of people who criticized Autonomy's financial practices.

Lynch was no longer looking at civil fights over money. He was facing the prospect of up to 20 years in prison.

For years, Lynch fought extradition to the US. Powerful in British political circles — he had advised David Cameron when Cameron was prime minister and served on the boards of the BBC and the British Museum — he and his lawyers argued that his legal issues should play out in the UK, not the US. American criminal laws were unfairly stacked against him, his lawyers said.

HP's lawsuit against Lynch — still churning in the background — finally went to trial in 2019. Apotheker testified he would have abandoned the Autonomy acquisition if he had a better understanding of its finances. Lynch argued that the whole morass was orchestrated by Whitman, Apotheker's successor, who harbored political ambitions (she ran for governor in California and is currently the US ambassador to Kenya) and wanted to shift the blame for Autonomy's failures to someone else.

Robert Hildyard, the judge who oversaw the case, ruled mostly in HP's favor. In a 2022 decision that ran over 1,700 pages, he wrote that HP overpaid for Autonomy because of deceit from Lynch and Hussain. Hildyard hadn't yet decided how much they would owe in damages, but he wrote it would be "substantially less" than the $5 billion HP asked for.

When he wasn't fighting legal battles, Lynch continued to be an entrepreneur. He founded a venture-capital firm, Invoke Capital, and invested in and helped run the cybersecurity firm Darktrace, which,  Politico reported, has deep ties  to Britain's intelligence agencies.

Financial disclosures Lynch filed last year as part of his criminal case indicated he was worth about $450 million.

The criminal trial

The UK finally extradited Lynch to the US in May 2023 , where he prepared for his trial — alongside Chamberlain as a codefendant — while under house arrest in San Francisco.

Lynch had a top-shelf legal team, but after the British court loss and Hussain's conviction, the chances of an acquittal seemed bleak.

Lynch testified at the end of his three-month trial, which began in March, telling jurors he wasn't involved in day-to-day financial oversight of the company. Misunderstandings, he said, could be chalked up to the differences between British and American accounting practices.

"A lot of what we've been looking at is like peering through the door of a kitchen and seeing the sausage-making machine, and that's how it really works," he told jurors, according to The Times of London . "If you take the microscope into even the most spotless kitchen, you'd find bacteria. If it wasn't there, that'd be something very abnormal. I don't think Autonomy was any different."

Jurors believed him. In June, they declared Lynch not guilty of the 15 charges against him, clearing Chamberlain as well.

Morvillo, one of Lynch's lawyers in the trial — as well as in the preceding decade of legal disputes — praised the jury, saying it had rejected "the government's profound overreach in this case."

"This verdict closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr. Lynch," Morvillo said in a joint statement with his attorney colleague Brian Heberlig. "Thankfully, the truth has finally prevailed."

In an interview with The Times of London after the trial , Lynch reflected on how, with a great burden lifted off him at the age of 59, he could remake his life.

He mourned the deaths of his brother and mother, who both died ahead of the criminal trial. He mused about using his fortune to start a British version of the Innocence Project, which prevents wrongful convictions in the US.

"Now you have a second life," he told The Times. "The question is, what do you want to do with it?"

But first, a celebration. Lynch; his wife, Angela Bacares; one of his two daughters; Morvillo and his wife, Neda; and several others went on a superyacht, the Bayesian , which was anchored outside Sicily and owned by Bacares.

Chamberlain moved back to the UK. While running near his home, a driver hit him with a car . He died in a hospital on Saturday.

On Monday, a sudden storm struck the Bayesian. The yacht capsized.

Of its 22 passengers, 15, including Bacares, were rescued.

But rescuers have pulled five bodies from the wreckage, including Morvillo's and Lynch's . A sixth remains trapped inside the boat. Lynch's daughter Hannah remains missing.

Correction: August 22, 2024 — An earlier version of this story misnamed Lynch's lawyer. His name was Chris Morvillo, not Charles Morvillo.

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  26. Mike Lynch considered selling doomed Bayesian yacht before trip

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  30. Mike Lynch Yacht Sinking Came Weeks After Tech Tycoon's Big Legal Win

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