The National Transportation Safety Board says the capsize of an 85-foot Northern Marine yacht during its launch last year was probably a result of the vessel’s low margin of stability. The board attributed the stability problem of the $10 million yacht, which was a complete loss, to the combined effects of a recording error during…more
It took more than a year after an 85-foot Northern Marine yacht capsized upon launch, generating a video that went viral and prompting the company to close up shop, for an investigation to reveal why the boat tipped. Now authorities have ruled that the yacht likely sank because of its low margin of stability.
Vietnam veteran Tony Veasey used all of his savings from retirement to buy a 41-foot Hatteras, but during his first day on the water in Stuart, Fla., the boat caught fire — and is likely beyond repair.