$30m salvage operation on Mike Lynch’s superyacht to begin

The recovery of the British-flagged superyacht Bayesian, which sank last summer killing seven people, including tech entrepreneur Mike Lynch, will kick off on Wednesday. With a crew and family members onboard who also perished in the tragic incident, experts believe that underestimation of weather conditions may have played a role in its rapid descent. The salvage operation involves using floating cranes to lift the vessel, with strict exclusion zones in place as authorities investigate whether information in watertight safes could pose a risk. The estimated $30 million cost for the recovery will be covered by the yacht's underwriters.