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$17 Million Navis One Superyacht Sinks After Devastating Fire

Navis One, a custom superyacht valued at $17 million, burned and sunk in Greece 17 photos
Photo: X/Izmir (Composite)
Navis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in GreeceNavis One, a custom superyacht valued at $17 million, burned and sunk in Greece
Here today, gone tomorrow, might be a tired cliché, but the reason it's so tired is that it's painfully accurate. Navis One, a quite famous superyacht and very popular charter platform, is proof.
In what feels like a very long string of similar incidents, though decidedly unrelated, a $17 million superyacht listed and sank after being devastated by a fire in the Cyclades island chain of Koufonisia. Navis One, the superyacht in question, had just dropped anchor after returning from the Greek island of Mykonos and was at full passenger capacity, according to reports.

On October 9, hours after it dropped anchor, eyewitnesses saw flames emerging at the stern of the vessel. Eyewitnesses say that at 16 o'clock in the afternoon, all 22 people onboard Navis One had been rushed to land with the main tender and that the 5-meter (16.4-foot) boat made only one return trip with one guest and two crew, presumably to retrieve something left behind.

Within two hours of the first sighting of fire, due to strong winds, the two top decks had burned completely, and the flames were already reaching higher above the vessel. The fire continued to rage until it consumed Navis One entirely, with the wreck smoking until the early hours of October 10. Navis One eventually listed and sank, and eyewitnesses are saying that large pieces of debris were spotted floating about.

No word yet on what might have caused the fire or whether the incident is posing a threat to the environment or other ships. The owner tells one trade publication that there are no injuries reported, so take that for the silver lining.

Navis One, a custom superyacht valued at \$17 million, burned and sunk in Greece
Photo: YachtCharterFleet
Navis One, delivered by Turkish shipyard Gentech in 2013 as Queen Anne, was a 46.7-meter (153-foot) vessel based on naval architecture by Meccano Engineering, with exterior design by Uniellé Yacht Design and interiors by Ales Bratina. It could accommodate as many as 12 guests across five suites and a crew of 10 in five more crew cabins, and was specced to provide the ideal balance between relaxation and sporty fun.

Navis One would command as much as $210,000 a week in the summer season, not including fuel and additional expenses, precisely for this reason.

It offered a large sun deck with a jacuzzi and ample lounging space, a generous beach club, a bar, and formal dining both indoors and al fresco. The tender garage was packed with inflatables and towables, the 5-meter (16.4-foot) tender that doubled as emergency transport on this final trip, Seabobs and jet skis, scuba and snorkeling gear.

As the video tour below will show, Navis One was a beautiful, modern, and elegant superyacht without being too big to feel overwhelming or too outrageous. According to SuperYacht Fan, it had been delivered as a fully custom project to Turkish businessman Sezgin Baran Korkmaz but had since been sold through a US Marshals Service Sealed Bid Auction to a Malaysia-based unknown party.



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About the author: Elena Gorgan
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Elena has been writing for a living since 2006 and, as a journalist, she has put her double major in English and Spanish to good use. She covers automotive and mobility topics like cars and bicycles, and she always knows the shows worth watching on Netflix and friends.
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