Published by Global Banking & Finance Review®
Posted on June 21, 2025
2 min readLast updated: January 23, 2026
Add as preferred source on GoogleMike Lynch's superyacht Bayesian was salvaged from Sicilian waters after sinking last year, killing seven. The yacht will be inspected for clues into the incident.
PORTICELLO, Italy (Reuters) -Salvage experts hauled British tech tycoon Mike Lynch's superyacht from the water on Saturday and plan to take it to a Sicilian port for inspection, 10 months after it sank off the coast of Sicily, killing Lynch, his teenage daughter and five others.
Work had resumed at first light, with one of the most powerful maritime cranes in Europe used to haul the 56-metre-long (184-foot) Bayesian from beneath the waves.
The Bayesian's upper decks appeared badly damaged while the blue hull was encrusted with mud after it had lain on the seabed at a depth of 50 metres.
Italian authorities in the nearby port of Termini Imerese will have a chance to inspect the luxury yacht next week as they seek clues into a tragedy that has puzzled maritime experts.
The Bayesian was moored off the small port of Porticello, near Palermo, in August last year when it sank during a sudden storm. The yacht was vulnerable to violent winds and was probably knocked over by gusts of more than 117 km (73 miles) per hour, an interim British report said last month.
The salvage team, led by British company TMC Marine, pumped sea water out of the hull and the vessel was held in an elevated position, surrounded by pollution containment booms, while further checks were carried out.
"This was a complex and precise lifting operation to recover Bayesian, and followed a step-by-step programme of salvage work," said Marcus Cave, a director of TMC Marine.
The plan is for the yacht to be carried to port on Sunday before it is lifted on Monday on to a specially manufactured steel cradle on the quayside.
The recovery process has been made easier after the vessel's 72-metre mast was detached using a remote-controlled cutting tool and placed on the seabed on Tuesday.
In addition to Lynch, founder of the software company Autonomy, his daughter Hannah, lawyer Chris Morvillo and his wife Neda, banker Jonathan Bloomer and his wife Judy, and chef Recaldo Thomas were killed when the yacht sank. Nine other crew members and six guests were rescued.
(Reporting by Roberto Mignucci; Additional reporting by Wladimir Pantaleone, Danilo Arnone, Igor Petyx and Rosaura Bonafardino; Writing by Keith Weir; Editing by William Mallard)
The superyacht Bayesian sank off the coast of Porticello, Italy, during a sudden storm in August last year.
The salvage operation was led by the British company TMC Marine, which used one of the most powerful maritime cranes in Europe.
The yacht's upper decks appeared badly damaged, and its blue hull was encrusted with mud after lying on the seabed at a depth of 50 metres.
Italian authorities in the nearby port of Termini Imerese are set to inspect the yacht next week for clues regarding the incident.
In addition to Mike Lynch, the casualties included his daughter Hannah, lawyer Chris Morvillo and his wife Neda, banker Jonathan Bloomer and his wife Judy, and chef Recaldo Thomas.
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