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Expert attributes sinking of Italian yacht to “black swan” event

STORY: :: British shipping expert attributes sinking of Italian yacht to ‘black swan’ event:: August 21, 2024:: Porticello, Italy:: Oxfordshire, England:: August 20, 2024:: Matthew Schanck, chairman of the Maritime Search and Rescue Council:: “When you look at the extreme weather, if it was a waterspout, and it appears to be, I would call it a black swan event. So we have this high impact but low probability event. And even outside the shipping industry, all industries struggle with black swan events. How well prepared are we? How much planning? How much risk are we willing to take?”:: Giornale di Sicilia:: August 19, 2024:: “The key is what tilted the ship at such an angle. So whether that was because the keel wasn’t deployed properly, or whether it was because, for example, part of the sail came away from the mass that contributed to that angle, or whether it was simply because the wind speeds that this waterspout was exposed to were so extreme that the ship tilted.:: “The authorities will get to the bottom of this because there are eyewitness accounts from the shore and from the other ships. There are obviously survivors from the ship, but there is also the wreck. So the wreck is also lying intact on the seabed. So we can use these three sources to really get to the bottom of what happened.” Schanck, chairman of the Maritime Search and Rescue Council, said the Bayesian had fallen victim to unusual weather conditions. Schanck also stressed that such extreme weather events are rare in Sicily, and said the event could prompt a review of current maritime regulations. He stressed that existing standards are already strict. On Wednesday (21 August), divers resumed their search for survivors in the wreckage of British technology entrepreneur Mike Lynch’s luxury yacht, which sank off the coast of Sicily, and hopes of finding the six missing people alive are fading.