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 ...

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… Saturday, March 29, 2025.

Mike Lynch and six others are dead after his superyacht sank off Sicily's coast. The Bayesian sank during a storm. The Italian Sea Group CEO said the yacht took 16 minutes to sink.

The Italian Sea Group S.p.A. reports a robust financial performance for the first nine months of 2024, with revenues rising by 11.4% to 292 million Euros and EBITDA increasing by 16% to 50.1 ...

"The boat suffered a series of indescribable, unreasonable errors," Giovanni Costantino, CEO of The Italian Sea Group, told Reuters of the Bayesian sinking Monday, killing seven of the 22 onboard.

“It drives me insane,” Giovanni Costantino, the chief executive of the Italian Sea Group, which in 2022 bought the company that made the ship, said after its wreck last week.

A representative for TISG told Fortune: "The Italian Sea Group S.p.A. clarifies to have instructed its lawyers - who on September 20, 2024 had filed at the Termini Imerese Court the writ of ...

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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.