Tag: MV Tatoosh
Cash from reef destruction funds new moorings
(CNS): Cash received by the government from the settlement it agreed with billionaire Paul Allen after the anchor chain of his yacht crushed a section of coral off Seven Mile Beach last year is now being used to install permanent moorings. Environment Minister Wayne Panton said materials are now being bought and contracts agreed to install the […]
Billionaire yacht owner settles-up for reef damage
(CNS): Paul Allen, the owner of the luxury 300ft mega-yacht, the MV Tatoosh, has reportedly settled with the Cayman Islands Government over the damage caused by his boat’s anchor chain to a section of coral off Seven Mile Beach earlier this year. Government has not said exactly how much the billionaire and former Microsoft owner has […]
Panton reveals challenges of yacht reef damage
(CNS): Government has plans to install a number of moorings that can accommodate super-yachts to help reduce reef damage by anchor chains, Environment Minister Wayne Panton has told the Legislative Assembly. He said that since coming to office, there have been five cases of vessels damaging coral with anchor chains but it has proved challenging to fine […]
Allen and DoE complete joint coral restoration plan
(CNS): Following very public disagreements over culpability and how best to remediate a large section of the coral reef off the coast of Seven Mile Beach that was severely damaged by the anchor chain of the luxury yacht owned by billionaire Paul Allen, his company, Vulcan Inc., and the Cayman Islands Department of Environment (DoE) […]
DoE and Vulcan agree deal over coral damage
(CNS): After several weeks of wrangling, the Department of Environment has been able to secure an agreement with Vulcan Inc. on behalf of billionaire Paul Allen, the co-founder of Microsoft and owner of a luxury yacht that damaged a large area of coral reef off the coast of Seven Mile Beach on 14 January. Coral restoration […]
DoE and Allen remain at odds over anchor damage
(CNS): The billionaire co-founder of Microsoft, one of the world’s richest men, is still arguing with the Department of Environment over the extent of the damage that marine experts here believe was caused by the anchor chain from his luxury 300ft yacht when it was in the Cayman Islands in January. Following the early stage […]
Allen’s company quibbles over reef damage
(CNS): Marine experts have begun salvage work to repair the extensive damage to corals off Seven Mile Beach by the anchor chain of billionaire Paul Allen’s yacht, MV Tatoosh, last month. While Allen’s company, Vulcan Inc., is disputing their level of culpability and the course of action for the repair, the Department of Environment has received a comprehensive assessment […]
Billionaire boater destroys reef
(CNS): An anchor chain on the 300-foot mega-yacht, the MV Tatoosh, owned by billionaire Paul Allen, has destroyed almost 14,000 sq.ft of reef in the West Bay replenishment zone, the Department of Environment confirmed following a survey of the area. DoE officials said more than 80% of the coral in the area has been damaged by […]
