Maritime officials say a 50-foot, custom-built yacht worth $1.5 million is likely a total loss after it was struck by a barge laden with sand and gravel in a Connecticut harbor.
Capt. Eric Knott, Stamford’s harbormaster, tells the Stamford Advocate a tug boat was delivering two barges to a construction materials company on Monday morning when one drifted away.
The barge hit the Sea Jay, a year-old catamaran built in South Africa that was preparing for a trip to French Polynesia. Knott says the barge broke off the back of one hull and severely damaged the back of the other. There also was internal and structural damage.
Sgt. Kevin Fitzgibbons of the Police Harbor Unit said the yacht is probably a total loss.
The Coast Guard is investigating.
Information from: The Advocate
Topics Profit Loss Connecticut
Was this article valuable?
Here are more articles you may enjoy.
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
Why Are Property & Casualty Carriers So Profitable? 
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants 
US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio 
