Built in 2011, the 60.20m superyacht Yogi sank 19 miles off the coast of the Greek island Skyros in the Agean Sea on Friday.
The reasons for her submersion were unclear but mechanical failure in bad weather are being cited as probable reasons for the disaster.
According to www.superyachts.com<http://www.superyachts.com/>, all guests and crew were safely evacuated by rescue Hellenic helicopters. Unconfirmed reports put the costs involved with the repairs at a massive $45.7 million on the sea bed.
Newswire AP further reported that two Air Force helicopters and a Navy frigate, as well as coast guard vessels and four commercial ships headed to the assistance of the yacht after its captain sent out a distress signal Friday morning. The newswire quoted the coast guard as saying that the captain’s distress signal said the yacht was taking on water and that he had ordered the ship to be abandoned. All eight people on board were rescued.
Large enough to comfortably accommodate 12 guests, the Yogi is equipped with five double cabins and one twin, a large sundeck with Jacuzzi, two beach clubs, a swimming pool on the aft deck, a multimedia play lounge and a massage room, among other high-end amenities.
Yogi had a steel hull and aluminium superstructure with a beam of 9.40m and a draft 2.90m.
Burgess Yachts, who were the central managing charter agents for the yacht (costing from €357,000 a week), were unable to comment.