A British billionaire’s luxury superyacht, lying on the seabed off Guernsey since its sinking in 2016, is set to be raised next month, sparking concerns over safety and environmental impact.
The 236-foot (Superyacht) at Risk of Collapse as Demolition Delayed.
A superyacht is a luxury vessel designed for private use, typically exceeding 24 meters in length.
These mega-yachts offer unparalleled comfort and amenities, featuring multiple decks, swimming pools, cinemas, and even submarines.
The global superyacht market has experienced significant growth, with over 5,000 vessels currently in operation.
The largest superyacht ever built is the Azzam, measuring 180 meters in length and owned by a Middle Eastern royal family.
The ‘luxury yacht‘ , owned by the late British billionaire Sir Philip Green, has been lying on the seabed off the coast of Guernsey since its sinking in 2016. The vessel was carrying a cargo of wine and other goods when it ran aground during a storm.
Sir Philip Green is a British businessman and entrepreneur, best known for his role as the founder of the retail company Arcadia Group.
Born in 1949, Green began his career in the fashion industry working at a local clothing store before rising to prominence with his purchase of BHS (British Home Stores) in 2002.
He later acquired Topshop, Topman, Dorothy Perkins, and other brands under the Arcadia umbrella.
Green's business empire expanded significantly during his tenure, but he faced controversy over labor practices and tax avoidance schemes.
Cause of Sinking Remains Unknown.

Despite numerous investigations, the exact cause of the ‘superyacht’s sinking’ remains a mystery. An initial inquiry by the British Transport Police found that there was evidence of human error, but no charges were ever brought against anyone in connection with the tragedy.
Superyacht to Be Raised Next Month.
However, it has now been announced that the wreck is finally set to be raised from the seabed next month. The operation will involve a team of engineers and divers who will work together to carefully lift the vessel off the ocean floor and transport it to a shipyard for scrapping.
Concerns Over Safety and Environment.
Environmental impact refers to the effects of human activities on the natural world.
These effects can be direct, such as pollution from industrial processes, or indirect, like climate change caused by greenhouse gas emissions.
The environmental impact can be measured in various ways, including air and water quality, loss of biodiversity, and changes in weather patterns.
According to a report by the United Nations, human activities have led to a 40% decrease in global wildlife populations over the past four decades.
The decision to raise the superyacht has been met with concerns over safety and environmental impact. Local residents have expressed worries that the operation could pose a risk to marine life, while some have also questioned whether the vessel’s contents should be salvaged.