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Italian billionaire sued British firm for losing £ 30m superyacht


The Italian billionaire, whose £ 30m superyacht sank after falling from a cargo freighter, is suing the British carrier for compensation

  • The £ 30m yacht My Song was lost to a cargo ship in October 2019
  • The owner Pier Luigi Laro Piana used Peters and May to transport his ship
  • Mr. Piana is suing for the replacement cost of his carbon fiber superyacht
  • Peters and May claim that a frame supplied with the yacht failed, which led to their loss

The owner of a £ 30m superyacht is suing a British carrier for the loss of his ship that fell from a cargo ship and sank in a storm.

Italian billionaire Pier Luigi Laro Piana commissioned Peters and May to transport his three-year yacht My Song between Antigua and Genoa.

In May 2019, the yacht, which was carried by the freighter Brattingsborg, was lost and sank in a storm some 60 kilometers from Menorca.

The hull of the huge ship was still visible above the waterline

The giant yacht was discovered half submerged and drifted 40 miles from Menorca

Pier Luigi, the multimillionaire of & # 39; My Song & # 39; s & # 39;, is a heir to the high-end clothing company Loro Piana

Pier Luigi, the multimillionaire of & # 39; My Song & # 39; s & # 39;, is a heir to the high-end clothing company Loro Piana

Mr. Piana saw the case from Italy forwarded to the Royal Courts of Justice in London.

According to The Times, Mr. Piana is suing the company for the replacement value of the yacht.

Southampton-based Peters and May, however, decline responsibility.

According to court records: "The primary assessment is that the cradle of the yacht – owned and provided by the yacht, guaranteed by the yacht for sea transportation, and assembled by the crew of the yacht – collapsed during the voyage."

Mr. Piana's lawyers are trying to return the case to an Italian court.

He had previously said to La Repubblica: “For anyone who loves the sea, this boat is like a second home, and it is as if my home was burned down.

"We decided to transport it on a cargo ship to make sure it wasn't damaged because you can never be sure of the weather."

The yacht was recovered by a German company, but could not be repaired because the carbon fiber hull was perforated in several places and the masts were broken off.

Her owner had & # 39; My Song & # 39; arranged for participation in the 2019 Loro Piana Superyacht Regatta where she was a returning winner.

Pier Luigi is a heir to the high-end clothing company Loro Piana, founded in 1924 by his grandfather Pietro.

My song is described as a "wolf in sheep's clothing" – it has a 56-meter mast and can reach more than 30 knots under full sail.

A yacht expert said: & # 39; It's a terribly sad ending for the famous yacht that was the beauty of the ball at the 2017 World Superyacht Awards and won the trophy for the best sailing yacht of its size.

"It was packed with the latest design and technology and also served as a comfortable cruise yacht."

The yacht was carried by the cargo ship Brattingsborg when it was involved in the storm

The yacht was carried by the cargo ship Brattingsborg when it was involved in the storm

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