Following last week’s fire aboard singer Marc Anthony’s $7 million, 120-foot Benetti, local media reported that the Coast guard is using the Oil Spill Liability Trust Fund to pay for part of the yacht salvage and the cleanup of the Miami marina. It is reported that $300,000 will be used for Andiamo’s cleanup.
Once the cleanup is complete, a second company will haul Andiamo for insurance investigators to determine the cause of the fire. Anthony or his insurance company will be required to reimburse the Coast Guard once the job is complete.
Anthony was not aboard Andiamo when it burned last Wednesday, and the crew made safely it off the yacht.