yachts

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Yacht Racing Off SF Coast Suspended

Races rerouted after 5 sailors killed

(Newser) - The Coast Guard has called a temporary halt to ocean-going races in the San Francisco area following the deaths of five sailors during a race earlier this month. A race due to take place Saturday has been rerouted, and authorities are working to find a new route for another race...

Search Ends for 4 Missing in SF Yacht Tragedy

Monster waves hit boat mid-race

(Newser) - The Coast Guard has called off its search after two days hunting for four sailors— three men and a woman —missing from a 38-foot sailboat that crashed during a race that started in San Francisco Bay. A fifth sailor's body has been recovered, and three were rescued from...

Ex Citigroup CEO Selling Yacht for $69.5M

The Sandy Weill sell-off continues

(Newser) - After selling his Manhattan penthouse to a 22-year-old Russian heiress for $88 million , former Citigroup chief Sandy Weill is trying to offload his yacht as well. The 200-foot super yacht April Fool, which Weill rarely used in the five years since he bought it new, is being offered for a...

$150M Über Yacht Boasts Sub, Helicopter

PJ World yacht like a floating mansion

(Newser) - Mansions are cool and all, but wouldn’t they be better if they floated and came with submarines? That seems to be the idea behind the PJ World yacht, an upcoming 269-foot, $150 million super-yacht designed by Rolls Royce and Palmer Johnson. Its coolest feature: A six-man submarine that can...

Chavez Goes After Rich Resort, Yachts

He wants to nationalize archipelago, take vessels in Venezuela

(Newser) - Hugo Chavez is turning from his battle with cancer to a more familiar foe: the ultra-rich. The Venezuelan leader is preparing an unprecedented nationalization of an idyllic group of islands in the Caribbean known as the Los Roques archipelago, report Time and the AP . While Chavez has nationalized scores of...

Texas Plan: Offer Tax Breaks on Expensive Yachts

Controversial measure already passed in committee

(Newser) - Good news for Texas millionaires debating whether to buy a fancy yacht: The state House of Representatives is considering a tax break for people like you. The measure, which was approved by the House Ways and Means Committee last week, would cap the maximum sales tax Texas could collect on...

African Dictator's Son to Build $380M Yacht

Boat worth triple Equatorial Guinea's health, education spending

(Newser) - The son of a West African dictator is having a boat built for himself with a price tag of $380 million—or nearly triple what his country spends on health and education every year, AOL News reports. Teodorin Obiang, Equatorial Guinea’s agriculture minister, makes much more than most in...

Pirates Kill All 4 American Hostages

US officials have killed or captured all the pirates

(Newser) - The four Americans on a yacht captured by Somali pirates Friday have been shot and killed by their captors, NBC News reports, and US forces killed two pirates and captured the remaining 13. Phyllis Macay, Robert Riggle and the yacht’s owners Jean and Scott Adam were captured on a...

Somali Pirates Hijack 4 Americans

California couple on round-the-world mission since 2004

(Newser) - Somali pirates yesterday hijacked a yacht with four Americans aboard, in likely retaliation for the 33-year prison sentence this week of a pirate in the hijacking of the US vessel Maersk Alabama. The yacht Quest belongs to missionaries Jean and Scott Adam, who have been sailing around the world since...

John Kerry in Hot Water Over Taxes on $7M Yacht

Senator berths luxury boat in Rhode Island, not Massachusetts

(Newser) - John Kerry says there's "nothing more to say about" the PR disaster surrounding his decision to save $500,000 in taxes by keeping his new $7 million yacht in Rhode Island rather than cash-strapped Massachusetts—but taxpayers in the senator's home state think otherwise. "Do as I say,...

Behind Huguely's Charm, Rage
 Behind Huguely's Charm, Rage 
PROFILE

Behind Huguely's Charm, Rage

'There had to be a different George inside that head'

(Newser) - Thomas Jefferson's University of Virginia will graduate thousands of students this morning—the culmination of years of study. But accused murderer George Huguely will sit in his jail cell rather than collect his diploma—the culmination of years of privilege and inexplicable rage, reports the Washington Post in an extensive...

Sailors Say Iranian Lockup Wasn't So Bad

British yacht crew says they were scared, but treated well

(Newser) - The five British yachtsmen Iran captured en route to Dubai say they have no complaints about their treatment. The sailors described their ordeal at a news conference today, saying they were held in a “perfectly reasonable room,” where they played chess and darts and were exceedingly well nourished....

Iran Frees 5 Brit Yachtsmen
 Iran Frees 5 Brit Yachtsmen 

Iran Frees 5 Brit Yachtsmen

Revolutionary Guard decides sailors aren't spies

(Newser) - Five British sailors detained when their racing yacht strayed into Iranian waters last week have been released. Officials of Iran's Revolutionary Guard, who had warned the men would be prosecuted if they were found to have "evil intentions," said they determined that the sailors' entry into Iranian waters...

Somali Pirates Demand $7M Ransom for UK Couple

Paul and Rachel Chandler went missing a week ago

(Newser) - The British couple abducted from their yacht at gunpoint are being held for $7 million ransom, a rep for the Somali pirates who kidnapped them said today. Paul and Rachel Chandler went missing a week ago in the Indian Ocean. "NATO operations had a lot of negative impact here,...

UK Yacht Couple 'OK' With Somali Pirates

'We are well,' Paul Chandler says by phone

(Newser) - A British couple taken from their yacht by Somali pirates say they’re in good condition and are being held aboard a hijacked container ship. “We are well and being looked after OK,” Paul Chandler, 59, told the BBC by phone today; he also spoke to British channel...

Pirates Hijack Yacht, Kidnap UK Couple

Brits reportedly safe after yacht seized off Somalia

(Newser) - A British couple whose yacht went missing in the Indian Ocean four days ago is being held by Somali pirates. The couple was captured during a round-the-world trip while sailing from the Seychelles to Tanzania; five international warships were searching hundreds of miles off the African coast for the pair....

Find a Second Home Afloat&mdash;for Less
 Find a Second Home 
 Afloat—for Less 
TRAVEL

Find a Second Home Afloat—for Less

Barges or an ocean condo offer less cost, commitment than owning a yacht

(Newser) - A boat makes a great getaway home, but mooring and maintenance can turn ownership into an expensive hassle. A few alternatives have cropped up that offer the pleasures of sea living without requiring the vacationer to buy in hook, line, and sinker, USA Today reports:
  • The World. The first condo
...

High-Living Fugitive Brits Starved on Getaway Yacht

(Newser) - A pair of British fraudsters who enjoyed a "champagne and cocaine lifestyle" spent their last days drinking sea water and urine on a stolen yacht, an inquest was told yesterday. The bodies of the couple, who stole a boat and became fugitives while awaiting trial for hoodwinking wealthy investors,...

Italy Foils Sale of $18M Yachts to Dear Leader

(Newser) - Italian authorities believe they have torpedoed Kim Jong-Il's hopes of acquiring a pair of new luxury yachts, the Financial Times reports. The sale of the $18 million yachts, which would have violated international sanctions, was blocked after investigators traced the contract to North Korea. Authorities say they have no proof...

Calif. Teen Finishes Record Round-the-World Sail

Zac Sunderland, 17, breaks record for youngest person to sail around the world

(Newser) - Zac Sunderland, 17, returned to Los Angeles today, completing a 13-month journey and earning the title of youngest sailor ever to circumnavigate the globe, the Times reports. Sunderland, of Thousand Oaks, Calif., was greeted by cheering crowds aboard yachts and sailboats. He traveled 25,000 miles, crossing three oceans and...

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