An unnamed oligarch is the owner of the superyacht “My Saga” “My Saga” was the first yacht of its caliber built by Monaco Yachting and Technologies. According to SuperYachtTimes, the yacht was purchased in 2022 by an unnamed owner.
The 131-foot luxury yacht carrying nine passengers and crew sank off the southern Italian coast on Monday.
According to a dramatic video taken by the Italian coast guard, the super yacht “My Saga” likely ran into trouble during bad weather, as it listed in rough waters near Calabria before disappearing into the sea.
The moment disaster struck off the coast of Italy was captured on video.
The Italian Coast Guard released video of the sinking of the 130-foot superyacht My Saga in the Mediterranean Sea.
Saturday evening, the yacht was cruising from Gallipoli to Milazzo when it began taking on water at the stern.
The Coast Guard responded to a distress call by dispatching two patrol vessels to rescue the nine people on board, as well as a tugboat to tow the vessel back to port in Crotone.
The vessel was partially submerged and listed to starboard during the rescue operation, nine miles off the coast of Catanzaro Marina.
What happened next, as the bow of the ship rose into the air, was captured on video. Rescuers abandoned the operation, and the steel-hulled yacht vanished stern-first beneath the waves.
The Italian Coast Guard reported that retrieving My Saga was “impractical” due to the harsh weather and sea conditions, as well as the vessel’s increasing incline to starboard.
By 2007, My Saga was the first yacht of its caliber built by Monaco Yachting and Technologies. According to SuperYachtTimes, the yacht was purchased in 2022 by an unnamed owner.
The Italian Coast Guard has launched a “administrative investigation” into the incident’s cause.
Video of The Superyacht “My Saga” Sinking
Below, is a video of the superyacht “My Saga” sinking;