Newsroom
MV Sounion - Update
6th September 2024
Updating the previous post about the MV Sounion, attempts to salvage the stricken crude oil tanker were abandoned this week.Aspides, the EU’s naval force that is providing protection for the operation, said “…that the conditions were not met to conduct the towing operation and that it was not safe to proceed.”Its not exactly clear what that means specifically, but initial indications are that this is more for resource/technical reasons, rather...
Read MoreYou cant park that there mate!
4th September 2024
The residents of Dartmouth, England are starting to be increasingly frustrated with this floating "eyesore". With local residents describing it as a “gin palace”, the 98M Abeking and Rasmussen built "Aviva" has been moored there since early August.The yacht is owned by billionaire Joe Lewis – ex owner of Tottenham and former currency trader. It was used as surety over a fine Mr Lewis had to pay following his trial and...
Read MoreWe're on Tik Tok!
2nd September 2024
Give us a follow - cornerstonecrew Industry news, advice and some footage from the Shows #crewemploymentsolutions #SEA #mys2024 #cannes #yachtinginsights
Read MoreEnvironmental Disaster Looming?
29th August 2024
An oil tanker which was attacked by Yemen's Houthi rebels in the Red Sea last week is still on fire and may be leaking oil, according to the US Pentagon.The ship is carrying more than 150,000 tonnes - or one million barrels - of crude oil, and a major spill has the potential to be among the largest from a ship in recorded history. For context, a spill of this magnitude...
Read MoreCIC on PSC for MLC2006
28th August 2024
A reminder that from the 1 September 2024 there will be a Concentrated Inspection Campaign (CIC) on Port State Control inspections on crew wages, Seafarer's Employment Agreements and Shipowners Financial Responsibilities under MLC. If you need any assistance or further advice please reach out chris.stewart@cornerstoneyacht.com hashtag#cornerstone hashtag#mlc2006 hashtag#beprepared
Read MoreEmirates Team NZ takes LV Prelims
26th August 2024
August 25, 2024. Louis Vuitton Preliminary Regatta, Race Day 4. LUNA ROSSA PRADA PIRELLI TEAM, EMIRATES TEAM NEW ZEALAND Emirates Team NZ take the LV Prelim Cup with a thrilling win over Luna Rosa Prada Pirelli. Full race report here https://www.americascup.com/news/3315_EMIRATES-TEAM-NEW-ZEALAND-WIN-THE-LOUIS-VUITTON-PRELIMINARY-REGATTA
Read MoreAmericas Cup is off and running
23rd August 2024
Aaand we are off....it was a mixed day for Luna Rossa Prada Pirelli on this first day of the Preliminary Regatta Barcelona, as the team was forced to withdraw in the first match against Emirates Team New Zealand due to a technical issue. In the second race of the day Luna Rossa went on to win against the French Orient Express Racing Team. hashtag#ac37
Read MoreReady for take off.....
19th August 2024
Negative Ghost Rider the pattern is full!! T Minus 3 days #ac37 #barcelona2024
Read MoreBalearic Storms....
16th August 2024
No, its not another Caribbean aftermath picture....this was Balearics yesterday as the damage caused by freak storms passing through the area was assessed. Water spouts, high winds and torrential rain caused widespread disruption around the Spanish coastline and Balearics, just as their tourist season was getting in to full swing.Some tough times out there at the moment for yacht owners. Be prepared and stay safe!!hashtag#storms hashtag#crewsafety hashtag#balearics
Read MoreATINA - Fire
13th August 2024
Another day, another superyacht related fire.... Seems like we are in the middle of an insurers nightmare at the moment as the 47M superyacht ATINA, caught fire in Olbia, Sardinia over the weekend. The resultant damage caused her to sink; thankfully without any human casualties. Another sobering reminder for yacht owners and crew to stay on top of safety drills and Evac protocols. Local authorities reacted quickly to avoid any...
Read MoreWhen is a yacht not a yacht....
9th August 2024
.....when it becomes a political hot potato!Royal Romance, the 92.5metre Feadship was the height of marine opulence, but is now the seemingly cursed poster child of the geo-politics surrounding mega yachts at present. Croatian and Ukrainian authorities say that Royal Romance was owned by Viktor Medvedchuk, a former Soviet lawyer, Ukrainian politician, oligarch and supporter of Russian President Vladimir Putin.She was seized in Croatia in March 2022 under Sanction rules, and has...
Read MoreGPS Roll Over Event - Important
8th August 2024
Important Notice from the Marshall Islands on a GPS roll over event due on the 8 September 2024. A roll over event is an anomaly whish occurs every 19.6 years which causes some equipment to relay data that is 19.6 years in the past. Accurate GPS is fundamental for safety and navigation of marine traffic. JRC equipment is expected to be affected. So regardless of your yacht's Flag, please check...
Read MoreAC37 nearly upon us
7th August 2024
T-Minus 15 days until the action gets underway in hashtag#AC37 in Barcelona. Unashamed bias..... but INEOS Britannia looks the business!! hashtag#sailinglife hashtag#foil hashtag#speed
Read MoreMarina Fire - Piraeus
5th August 2024
In news that is likely to unsettle an already jittery marine insurance market, a major fire in Marina Zea, Piraeus over the weekend looks to have claimed 33M O'Riana and 42M Libra Y. Both yachts reported to have now sunk as a result. This is the latest in a number of high profile, costly, yachting losses. Premium hike incoming!!hashtag#marinafire hashtag#insurance hashtag#piraeus
Read MoreSanlorenzo to acquire Nautor Swan Group
2nd August 2024
Interesting marine business news as SanLorenzo is set to acquire the Nautor Swan Group.Sanlorenzo CEO Massimo Perotti says "......The merger of Sanlorenzo and Nautor Swan, each with its exclusive, limited offerings aimed at a discerning clientele and with no overlap in product portfolios, will establish a unique yachting hub unlike any other, featuring the best of both motor and sailing yachts."This in undoubtedly partly fueled by Sanlorenzo's sustainability commitment and Nautor's considerable previous progress...
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