| Corsica. Land's End owner looking for repair yard |
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| Sunday, 04 September 2005 | |
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Marian Martin BYM News has been told that the Land's End's owner is, through his agent (Gaspard Yachts), actively sounding out repair and refit yards with a view to identifying those interested in quoting for the work of rebuilding the 75 metre yacht, which went aground and then sank, off Corsica, last month. The yacht is believed to have an insured value of around $3.5 million and is, in the opinion of insurance experts that BYM has spoken to, a constructive total loss, but a source close to the yacht's owner told BYM "He loves that boat and wants it rebuilt. He is sounding people out about that." When asked whether the owner had been to the scene of the sinking, the reply was "No, he has complete faith in Captain Chris Jones and his agent and is leaving them to deal with the operation of raising her and looking into the repair options." Equipment required for the operation to lift the Land's End continues to arrive at the scene. The Land's End story as it has unfolded: Holed megayacht threatens Corsican beach August 10 Tug standing by stricken megayacht August 10 Captain in second megayacht sinking August 10 Land's End holed in four places August 11 Land's End salvage contract signed August 12 Land's End sinks completely August 12 Captain Jones charged August 12 French naval divers to assess sunken megayacht August 13 Land's End tanks to be pumped out August 15 Land's End Captain was Designated Person Ashore says Gaspard Yachts August 16 First officer on bridge says Land's End Captain; pumping tests successful; MAIB preliminary August 16 Fuel being pumped from the Land's End August 17 Land's End pumping completed August 17 Quotes sought for raising or dismantling the Land's End August 18 2 holes patched on Land's End; mate plotted final course August 28 View pictures of the Land's End on the reef and on the bottom. |
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| Last Updated ( Sunday, 04 September 2005 ) |
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