Superyacht Fires Rarely A Case Of Arson

 Tuesday, April 12, 2016

 Bloomberg

It started with a puff of smoke, seeping slowly into the clear and sunny St. Thomas air on a mid-March afternoon. “I went into a meeting, and when I came out, it was very on fire,” recalled Ryan Nichols, who witnessed Positive Energy, a reportedly $2.5 million yacht, go up in flames. The now-ironically named yacht was hauled off to sea to avoid damaging other vessels, which was the case when two multimillion-dollar yachts caught fire in the Abu Dhabi Marina Yacht Club in early March, taking six boats with them.
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