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Old 29-05-2019, 18:51   #1
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Bargain Superyacht in the Med

"Record-breaking superyacht lost in Mediterranean after falling off cargo ship
12:12, May 30 2019

A record-breaking superyacht owned by an Italian billionaire has been lost at sea after it fell off a cargo ship in the Mediterranean.

The 40m My Song, owned by the fashion heir Pier Luigi Loro Piana, was being transported from the Spanish island of Mallorca to Genoa in Italy when it slipped overboard.

It was due to contest the Loro Piana Superyacht Regatta, to be held in Porto Cervo on the Italian island of Sardinia. The regatta is hosted by the yacht's owner whose worth was estimated at US$1.6bn in 2018, according to Forbes magazine."

Source: https://www.stuff.co.nz/sport/other-...off-cargo-ship
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Old 29-05-2019, 23:02   #2
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Re: Bargain Superyacht in the Med

I read the report and there are sure some embarrasing questions to come. I hope someone has very very good insurance: facepalm:

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Old 29-05-2019, 23:34   #3
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Re: Bargain Superyacht in the Med

Sure sounds like an insurance play to me. His crew could have sailed it there in no time vice shipping
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Old 29-05-2019, 23:37   #4
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Re: Bargain Superyacht in the Med

Just for clarification - the boat was shipped from the Caribbean to Genoa via Mallorca. Never left the ship in Mallorca far as I am aware.
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Old 30-05-2019, 00:47   #5
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Re: Bargain Superyacht in the Med

Quote:
Originally Posted by ozsailer View Post
I read the report and there are sure some embarrasing questions to come. I hope someone has very very good insurance: facepalm:

Greg H
Isn't the embarrassment that it wasn't sailed from Mallorca to Genoa? It's not exactly far.
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Old 30-05-2019, 01:01   #6
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Re: Bargain Superyacht in the Med

It's very surprising that this happened, the agency putting the transport together, Peters&May, is very reputable in the field of transporting boats & ships.
Guess everyone has a bad day very occasionally.

Will be interesting to see the accident report if it is ever released to the public.
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Old 30-05-2019, 01:32   #7
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Re: Bargain Superyacht in the Med

Why take it off the ship in Mallorca , when the ship was going to Genoa anyway? How would that make sense?



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Isn't the embarrassment that it wasn't sailed from Mallorca to Genoa? It's not exactly far.
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Old 30-05-2019, 02:02   #8
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Re: Bargain Superyacht in the Med

There appears to be quite some ill informed comments here.

Yachts, both big and small are regularly transported by ship these days for many different reasons (cost, schedule, crew, maintenance, weather, etc, etc) regardless of their capability to make the journey on their own bottom.

Surprisingly, for some crossings it can actually be cheaper to use transport when ALL the relevant costs are taken into account.

In the case of this yacht I expect that it was scheduling with the yacht being used in the Caribbean and then needing to be race ready for a regatta in the Med at the beginning of June.

Also:
https://www.sailingscuttlebutt.com/2...ng-superyacht/

https://www.sailingscuttlebutt.com/2...-my-song-loss/

https://gcaptain.com/superyacht-my-s...ing-transport/

Quote:
Originally Posted by Peters & May Yacht Transport
“A full investigation into the cause of the incident has been launched, however the primary assessment is that the yacht’s cradle (owned and provided by the yacht, warrantied by the yacht for sea transport and assembled by the yacht’s crew) collapsed during the voyage from Palma to Genoa and subsequently resulted in the loss of MY SONG overboard. I will add that this is the initial assessment and is subject to confirmation in due course,”
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Old 30-05-2019, 03:38   #9
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Re: Bargain Superyacht in the Med

My Song - Lost - Cruisers & Sailing Forums
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Old 30-05-2019, 07:26   #10
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Re: Bargain Superyacht in the Med

Mods, maybe the threads can be merged?
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Old 30-05-2019, 08:49   #11
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Re: Bargain Superyacht in the Med

Its not unknown for transported ships to go overboard. The company I worked for refitted an Egyptian patrol boat that was then trans-shipped from UK to Egypt, terminating early when in went over the side in a storm in Biscay. It was found a while later with minor damage to one shaft and prop floating safely and was then re-refitted by us and trans-shipped safely at second time of asking.
Not so fortunate with some ferries built for Hong Kong which were trans-shipped via Denmark in the winter which froze all the fresh water systems and blew nearly all the pipe joints.
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Old 30-05-2019, 14:41   #12
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Re: Bargain Superyacht in the Med

Bargain? I couldn't even afford a mainsail for that thing. I'd need to mortgage my house for the line, but the shackles would have to wait.
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Old 30-05-2019, 15:30   #13
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Re: Bargain Superyacht in the Med

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Originally Posted by GordMay View Post
Sorry folks, somehow I missed seeing that.
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Old 31-05-2019, 12:13   #14
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Re: Bargain Superyacht in the Med

It seems the issues was related to the cradle.
The cradle somehow opened up...
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