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Formosa Agrees to Fine for Damages

The owner of the luxury yacht Formosa, which damaged hundreds of feet of coral in Kailua Bay, was ordered to pay a settlement of $100,000. While this is a hefty fine, the damage done to the coral was extensive. Once the payment is made, the money will go into a trust fund which will be used for coral restoration in West Hawaii. Major Damage Photographs and video footage of the yacht’s anchor and chain lying on the coral surrounded by

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Superyacht Cecilia Has Been Sold!

The award-winning superyacht Cecilia was recently sold in an in-house deal by Camper & Nicholsons International. Designed by Fulvio De Simoni and constructed in aluminum by Italian shipyard Wider in 2019, the Cecilia’s asking price was a whopping €25,900,000. Travel in Comfort and Style Accommodation onboard is comprised of five cabins, a master suite on the deck, two VIP cabins, and two twin cabins, enough to comfortably accommodate 12 guests. Each cabin is kitted out with en-suite bathrooms, televisions and