Close Menu
    What's Hot

    Crude climbs on supply worries after Iran rejects U.S. negotiation claims (CL1:COM:Commodity)

    March 24, 2026

    I’m Still Paying Off My School Loans As My Oldest Applies to College

    March 24, 2026

    Bitcoin Price Prediction: War De-escalates, But?

    March 24, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Stocks»Italian Sea Group says it is not liable in Mike Lynch yacht sinking By Reuters
    Stocks

    Italian Sea Group says it is not liable in Mike Lynch yacht sinking By Reuters

    Press RoomBy Press RoomNovember 12, 2024No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    ROME (Reuters) – Italian Sea Group is not liable in relation to the fatal sinking of Mike Lynch’s superyacht, which killed the British tech billionaire and six others, its chief executive said on Tuesday.

    The Bayesian was built in 2008 by Perini Navi, an Italian luxury yacht maker that is now owned by the Milan-listed Italian Sea Group. The yacht sank in August after it was hit by a violent storm off the coast of Sicily.

    © Reuters. FILE PHOTO: Rescue boats take part in a search operation, after a luxury yacht, which was carrying British entrepreneur Mike Lynch, sank off the coast of Porticello, near the Sicilian city of Palermo, Italy, August 21, 2024. REUTERS/Louiza Vradi/File Photo

    Italian Sea Group CEO Giovanni Costantino said in an analyst presentation that the 2021 acquisition of Perini Navi assets in a bankruptcy auction came “without any responsibility for the activities carried out by the previous management”.

    An Italian prosecutor has opened a manslaughter investigation into a sinking that has puzzled industry experts.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    XRP fails to top $1.41 despite Ripple’s partnership with Aviva

    February 15, 2026

    Citi sees 3 major risks in Pinterest stock’s path to recovery

    February 15, 2026

    Commodity wrap: gold, silver tumble as rate cut bets fade; oil slips 3%

    February 14, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    Crude climbs on supply worries after Iran rejects U.S. negotiation claims (CL1:COM:Commodity)

    March 24, 2026

    I’m Still Paying Off My School Loans As My Oldest Applies to College

    March 24, 2026

    Bitcoin Price Prediction: War De-escalates, But?

    March 24, 2026

    Hesai Group Non-GAAP EPS of $0.16, revenue of $143.1M; gives Q1 outlook

    March 24, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.