Italy – Italian billionaire’s luxury superyacht falls off cargo ship and sinks

my-song-londonThe prize winning luxury superyacht ‘My Song’, owned by the fashion heir Pier Luigi LoroPiana, fell off a cargo ship and sank into the Mediterranean Sea. A devastated Pianawas quoted to have said, “For anyone who loves the sea, his boat is like a second home, and it is as if my home has burnt down”.The incident occurred when the 130-foot state of the art, multi-role custom superyacht ‘My Song’, was being transported between the Spanish island of Mallorca and the Italian city of Genoa, when it fell and sank.As per a statement from Peters & May, the logistics company in charge of transporting the yacht, the yacht was lost from the deck of the MV Brattinsborg at approximately 0400hr LT on 26 May 2019. The cause of the accident is attributed to the collapse of the yacht’s cradle during the voyage, causing the loss of the boat overboard. The cradle was owned and provided by the yacht and assembled by its own crew.Piana said, “We had decided to transport it on a cargo ship to be sure if wasn’t damaged because you can never be sure of the weather.”

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LoroPianaThe $58M superyacht ‘My Song’ was built by Baltic Yachts in Finland and launched in 2016. It was made of advanced carbon fiber laminate,  and equipped with high-performance technical features such as interchangeable mainsails for cruising or racing and a retractable propulsion system that could double as a stern thruster.The yacht was the holder of several awards and titles, including Best Yacht at the World Superyacht Awards, and set a speed record during last year’s RORC Transatlantic Race. It was supposed to compete as a returning winner in the annual Loro Piana Superyacht Regatta, to be held in Porto Cervo on the Italian island of Sardinia in June. The regatta is hosted by Loro Piana.

balticBuilt by Baltic Yachts in Finland and launched in 2016, it was plush luxury. To the extent that when Pier Luigi Loro Piana acquired ‘My Song’, he laid out a dress code back in 2017. He had reportedly said, “When you’re invited on board Pier Luigi LoroPiana’s yacht, My Song, you’d better observe the dress code. Rule number one, wear primarily white, and that includes shoes. Rule number two, sleeves should always be long and baseball caps – if worn at all – should stay pointing forward at all times. Hair should be tousled, tans a rich mahogany and two-day-old stubble is very much accepted. Above all else you need to be a gentleman.”

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