marine link image

Microsoft Mogul's Yacht Destroys Coral Reefs

January 29, 2016

 The anchor chain of 303-foot mega-yacht, the Tatoosh, belonging to Microsoft co-founder Paul Allen has been blamed for destroying a large area of protected coral reef in the Cayman Islands.

 
It destroyed almost 14,000 square foot, or about 80 per cent,  of reef in a protected area in the West Bay area of the Cayman Islands, according to the islands' Department of Environment (DoE).
 
Allen's Seattle-based Vulcan Inc organisation, which manages his fortune, said on Wednesday that the M/V Tatoosh was moored on January 14 in a "position explicitly directed" by the local port authority and that his team was co-operating with the investigation. 
 
CNN reported that Mr Allen could face a maximum fine of roughly $US600,000, not counting civil damages.
 
The Cayman News Service reported that divers surveyed the damage last week and that the environment department expects to issue its investigative findings next week.
 
 Tatoosh is the 49th-largest yacht in the world, according to BoatInternational.com, and has two helipads and a crew of 30. In December, a much larger ship, the Pullmantur cruise liner Zenith, wrecked another Grand Cayman reef — also protected, and located in a marine park — with its anchor chain.
 

Logistics News

Iran War Hits Natural Gas Harder than Oil

Iran War Hits Natural Gas Harder than Oil

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Wattlab Scales Up Solar Power for Bulkers

Wattlab Scales Up Solar Power for Bulkers

African Bunkering Hubs Gain as Ships Reroute Around Cape

African Bunkering Hubs Gain as Ships Reroute Around Cape

Subscribe for Maritime Logistics Professional E‑News

As the Middle East conflict escalates, airlines cancel more flights
US claims more than 450 TSA agents have resigned since funding standoff
German bond futures trading is suspended for the first time since 2023 by Eurex