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Reading: Tech tycoon Lynch’s doomed Bayesian yacht lifted to floor
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StockWaves > Global Markets > Tech tycoon Lynch’s doomed Bayesian yacht lifted to floor
Global Markets

Tech tycoon Lynch’s doomed Bayesian yacht lifted to floor

StockWaves By StockWaves Last updated: June 21, 2025 3 Min Read
Tech tycoon Lynch’s doomed Bayesian yacht lifted to floor
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Seawater is pumped out of the wreckage of the ‘Bayesian’ yacht, owned by the late British tech entrepreneur Mike Lynch, as it’s recovered by the floating crane ships HEBO LIFT 10 and HEBO LIFT 2 off the coast of Porticello, close to Palermo, Sicily, Italy, on June 21, 2025.

Igor Petyx | Reuters

Salvage specialists lifted Mike Lynch’s sunken superyacht to the floor and started pumping seawater out of it on Saturday, 10 months after it sank off the coast of Sicily, killing the British tech tycoon, his teenage daughter and 5 others.

Work resumed at first mild, with one of the highly effective maritime cranes in Europe having been used to haul the 56-metre-long (184-foot) Bayesian from beneath the waves.

The higher decks appeared badly broken whereas the blue hull was encrusted with mud.

The Bayesian was moored off the small port of Porticello, close to Palermo, in August final 12 months when it sank throughout a sudden storm. The yacht was susceptible to violent winds and was most likely knocked over by gusts of greater than 117 km (73 miles) per hour, an interim British report stated final month.

The vessel will likely be held in an elevated place over the weekend whereas checks and preparations are made, stated TMC Marine, which has been main the salvage operation, working with Dutch specialists Hebo Maritiemservice to elevate the yacht 50 meters from the seabed over the previous few days.

It’s then anticipated to be transported to the close by port of Termini Imerese on Monday and handed over to the authorities who’re investigating the sinking.

The wreckage of “Bayesian” yacht, owned by late British tech entrepreneur Mike Lynch who died when the yacht sank off the coast of Porticello, is recovered by floating crane ships HEBO LIFT 10 and HEBO LIFT 2, close to Palermo, Sicily, Italy, on June 21, 2025.

Igor Petyx | Reuters

The restoration course of has been made simpler after the vessel’s 72-metre mast was indifferent utilizing a remote-controlled slicing software and positioned on the seabed on Tuesday.

Along with Lynch, founding father of the software program firm Autonomy, his daughter Hannah, lawyer Chris Morvillo and his spouse Neda, banker Jonathan Bloomer and his spouse Judy, and chef Recaldo Thomas had been killed when the yacht sank. 9 different crew members and 6 visitors had been rescued.

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