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How Jordan Belfort's 37m superyacht Nadine sank off the coast of Sardinia

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Coco Chanel was famously outspoken on many things, but yachting, in particular, attracted her ire. “As soon as you set foot on a yacht you belong to some man, not to yourself, and you die of boredom,” she was once quoted as saying.

Her solution was to buy her own yacht. A 37m with a steel hull, built by the Dutch yard Witsen & Vis of Alkmaar. The yacht passed through many hands, finally ending up belonging to the Wolf of Wall Street, Jordan Belfort, on whose watch she foundered and sank in 1996.

The yacht was originally built for a Frenchman under the name Mathilde , but he backed out and she caught Chanel’s eye instead. With a narrow beam, a high bow and the long, low superstructure typical of Dutch yachts of her era, she was certainly a beautiful boat. But she was also well equipped, with five staterooms in dark teak panelling, magnificent dining facilities, room for big tenders and, later, a helipad. A frequent sight along the Florida coast, she caught the eye of a young skipper called Mark Elliott.

“In those days, she was the biggest yacht on the East Coast,” he remembers. “Nobody had ever seen anything like it. I needed a wrench once and went up to the boat - Captain Norm Dahl was really friendly.” He didn’t know it then, but Elliott was destined to become the skipper of the boat himself and was at the helm when the storm of the century took her to the bottom off Sardinia.

Coco Chanel died in 1971 and sometime thereafter the yacht was renamed Jan Pamela under the new ownership of Melvin Lane Powers. He was a flamboyant Houston real estate developer, fond of crocodile skin cowboy boots and acquitted of murder in a trial that gripped the nation.

Powers sent Jan Pamela to Merrill Stevens yard in Miami, where a mammoth seven-metre section was added amidships. “We made templates for the boat where we were going to cut her in half, then she went out for another charter season,” remembers Whit Kirtland, son of the yard owner. “When the boat came back in, we cut it just forward of the engine room, rolled the two sections apart and welded it in.”

He remembers how the sun’s heat made the bare and painted metal expand at different rates. “You had to weld during certain time periods – early in the morning or late at night,” says Kirtland.

The result of the extension was a huge new seven-metre full-beam master stateroom, an extra salon and one further cabin – pushing the charter capacity to seven staterooms. During this refit, the boat’s colour was also changed from white to taupe. “No one had really done it before and it was gorgeous,” says Elliott. By 1983, Powers was bankrupt and the yacht was sold on again. She next shows up named Edgewater .

Elliott’s chance came in 1989. He was working for the established yacht owner Bernie Little, who ran a hugely profitable distribution business for Bud brewer Anheuser-Busch. “Bernie Little had always wanted to own the boat,” Elliott says. “He loved it. He bought it sight unseen – and I started a huge restoration programme, including another extension to put three metres in the cockpit.”

It was a massive task, undertaken at Miami Ship. “We pulled out all the windows, re-chromed everything, repainted – brought it back to life,” says Elliott. They also cut out old twin diesels from GM and replaced them with bigger CAT engines, doubling her horsepower to 800. “Repowered, she could cruise at up to 20 knots. She was long and skinny, like a destroyer.”

A smart hydraulic feature was also brought to life for the first time. Under two of the sofas in the main stateroom were hidden 3.6m x 1.2m glass panels giving a view of the sea under the boat. At the push of a button, the sofas lifted up and mirrors above allowed you to gaze at the seabed – from the actual bed.

Now called Big Eagle , like all of Little’s boats, she was a charter hit and her top client was a certain New York financier named Jordan Belfort. He fell in love with her and begged Little to sell to him. But he needed to secure financing, and in 1995, Little agreed to hold a note on the boat for a year if Mark Elliott stayed on as skipper.

With the boat rechristened Nadine after his wife, Belfort set about another round of refit work, restyling the interior with vintage deco and lots of mirrors, extending the upper deck this time, and fitting a crane capable of raising and stowing the Turbine Seawind seaplane.

Nadine also carried a helicopter, a 10m Intrepid tender, two 6m dinghies on the bow, four motorbikes, six jetskis, state-of-the-art dive gear. “You pretty much needed an air traffic controller when all these things were in the water,” says Elliott.

Belfort’s partying was legendary and Elliott clearly saw eye-watering things on board, but as far as he was concerned, he was there to safeguard the boat. “When Jordan Belfort became the owner, he could do whatever he wanted. I was there to protect the note,” says Elliott. “He is a brilliant mind and a lovely person. It was just when he was in his party mode, he was out of control.”

Nadine and her huge cohort of toys and vehicles plied all the usual yachting haunts on both sides of the Atlantic. But Belfort’s love story was to be short-lived. Disaster struck with the boss and guests on board during an 85-mile crossing between Civitavecchia in Italy and Calle de Volpe on Sardinia.

What was forecast to be a 20-knot blow and moderate seas degenerated into a violent 70-knot storm with crests towering above 10.6m, according to Elliott. Wave after wave pounded the superstructure, stoving in hatches and windows so that water poured below and made the boat sluggish. By a miracle the engine room remained dry and they could maintain steerage way, motoring slowly through the black of the night as rescue attempt after rescue attempt was called off.

Nadine eventually sank at dawn in over 1000m of water just 20 miles from the coast of Sardinia. Everyone had been taken off by helicopter, and there was no loss of life. Captain Mark Elliott was roundly congratulated for his handling of the incident. “The insurance paid immediately because it was the storm of the century,” he says. “I took the whole crew but one with me to [Little’s next boat] Star Ship . That was my way to come back.”

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Jordan Belfort’s ex-wife tells the real story behind the yacht on The Wolf of Wall Street

The ex-wife of jordan belfort shed some light on the infamous scene.

Ben Thompson

Jordan Belfort's ex wife, Nadine Macaluso, has set the record straight about the scene in The Wolf Of Wall Street where Belfort splashes out and buys his wife a yacht on their wedding day.

I mean, when you have a lot of money , what better way to treat your new spouse after saying I do?

After their lavish wedding, Belford ( Leonardo DiCaprio ) covers Nadine's, or Naomi as she's known in the movie, eyes with a blindfold before revealing the huge yacht, which has been christened the 'Naomi'.

And Naomi (played by Margot Robbie ) cannot contain her excitement.

"Are you serious? A f***ing yacht?!" she exclaims.

However, it seems that the real Belfort wasn't very serious, as Macaluso revealed on TikTok that her ex-husband, who she was married to from 1991 to 2005, 'did not' actually buy her a boat on their wedding day.

She said: "Actually what happened I think we were married for a few years and we were always chartering yachts, because he loved to do that.

"And I had given birth to my beautiful daughter Chandler and he said 'I want to buy a yacht'."

However, this idea didn't sit well with Macaluso at the time.

She continued: "I said 'I don't think we should buy a yacht, we have a baby and I don't feel comfortable.

'She can't swim.'

"I had visions of her falling off the boat and I was actually terrified.

"I did not want to buy the yacht ironically. And he was like 'Nope, I'm buying a yacht and I'm calling it the Nadine'. And I was like 'Okay, here we go'.

"And you know how that went."

Macaluso's final line is a nod to a scene in the film, in which Belfort and Naomi need to be rescued from the yacht after it gets caught up in a storm.

This scene was indeed based on the real life sinking of the ship in June 1996, which resulted in a rescue by the Italian Navy Special forces.

The yacht was sunk after violent waves repeatedly hit it, but luckily everyone on board was able to escape the ship in time.

Macaluso has previously commented on the scene's accuracy , where she admitted in a TikTok video that the yacht sinking scene was 'totally true'.

Speaking of the memory, she said: "It was horrific, horrifying, we were in a squall for 12 to 18 hours and we lived, thank god, for my kids."

She even showed real life footage of her, Belford and their friends being rescued by the Navy.

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Jordan Belfort Yacht: The True Story and The Wolf of Wall Street Version

The true Jordan Belfort yacht story is as strange and unbelievable as the hit movie The Wolf of Wall Street depicts it to be. There are several insider stories behind the sinking of the mighty yacht that are not widely known but are quite interesting and different from the reel version in several ways.

What happened to the Jordan Belfort yacht Nadine?

As the movie, The Wolf of Wall Street shows, the superyacht Nadine sank close to the coast of Sardinia in 1997 while battling what many calls “the storm of the century”. Jordan Belfort narrates the event in detail in the memoir describing his life in the 90s, which is what the Martin Scorsese movie is about.

Before getting into the details of the sinking, it is worth noting that the 37m yacht had a long and interesting history. She carried renowned celebrities like Coco Chanel before reaching Jordan Belfort (played by Leonardo DiCaprio in the movie) and was one of the largest yachts in the East Coast’s waters.

While the yacht was initially manufactured for a French native and given the name Matilda, he backed out of the deal. This led Coco Chanel to buy the beautiful yacht with the low superstructure that Dutch yachts are famous for.

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The yacht took on different names as it passed through famous hands, even those of the murder trial acquitted Melvin Lane Powers. Belfort named the yacht after his wife and renovated it with the capacity to carry a helicopter, 6 Jetskis, 4 motorbikes, and much more. Under Belfort’s ownership, the yacht witnessed a series of wild parties that were like unlimited glamour and fun in a package until disaster struck unexpectedly.

Did the yacht scene in The Wolf of Wall Street actually happen?

The Jordan Belfort yacht sinking scene in The Wolf of Wall Street was heavily inspired by a real-life event, though the movie did take some creative liberties. For one, the yacht was called Naomi in the reel version since the name of Belfort’s wife (played by Margot Robbie ) was changed in the movie. In reality, the yacht was named Nadine.

The movie further depicts Belfort’s helicopter getting thrown off the yacht by strong waves. In reality, the yacht’s crew went up to the deck and pushed off the helicopter so that Italian navy seals would have a space to land. The yacht’s itinerary was altered a bit by the movie’s director Martin Scorsese to add to the drama, though the power of the storm was scarily accurate.

Belfort admitted that the yacht’s captain Mark Elliot explicitly warned them not to sail to Sardinia on that fateful night. But according to the movie, there was a business opportunity in the city that Belfort could not bear to miss out on despite his wife’s protests.

Some sources claim that in reality, the passengers were simply eager to hit the golf course at Sardinia the next morning. They refused to pay heed to the captain’s warning and asked him to go through the storm, which eventually led to the famous Jordan Belfort yacht sinking incident. Therefore, unfortunately, if someone wants to have a yacht rental in Dubai or any other destination, they have missed their chance with this yacht.

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Interesting insights on the sinking as portrayed in the movie

The movie captures the fear and stress that each passenger felt when the yacht got caught up in the 70-knot storm. There is some hilarity when Belfort starts yelling for his drugs to avoid the horror of dying sober.

Several rescue attempts were made, but due to rising risks, each of them was called off. By some twist of luck, the yacht’s engine room remained mostly undamaged for a while, because of which they were able to make their way through the sea.

In the end, everyone survived the incident without any major injuries. At dawn, the Nadine made its way 1000m under the water only 20 miles away from Sardinia’s coast. Now, the movie’s audience gets to watch the Jordan Belfort yacht story unfold on the screen with a pinch of humor.

The Nadine’s captain Mark Elliot’s heroic actions did not go unnoticed. He was praised for leading all the passengers to safety, though he was able to get out of the yacht only 10 minutes before it sank. The captain also admitted that the insurance was granted immediately considering the ferocity of the storm. As for the yacht, many still wonder about the highly expensive equipment that had to be thrown into the water and is probably rusting away at the bottom of the sea.

The best features of the Jordan Belfort yacht Nadine

The 167 ft Nadine, as its former passengers claim, was a beautiful yacht. When owned by Coco Chanel under the name Matilda, the yacht had five staterooms, large dining areas, and a helipad. The interiors were furnished with dark teak paneling. Each new owner customized the yacht’s name and interiors based on their tastes.

Belfort decorated the Nadine lavishly with a variety of mirrors and set a vintage deco theme. He renovated the upper deck to fit a crane that was able to stow his Turbine Seawind seaplane. The yacht carried the best dive gear available in the market plus a variety of Belfort’s ‘toys’ such as his motorbikes and jetskis.

Which model was portrayed as the Jordan Belfort yacht Nadine in the movie?

Martin Scorsese got the yacht Lady M to represent Nadine onscreen. While Nadine actually had a luxuriously vintage charm to it, Lady M is a modern vessel with contemporary features. Lady M was manufactured in 2022 by Intermarine Savannah, while Nadine was built in 1961 by Witsen & Wis. The 147 ft Lady M is currently worth $12 million and is similar to Benetti yachts in its glamorous design.

Jordan Belfort’s life today

The entrepreneur and speaker Jordan Belfort’s shenanigans are well-known thanks to his detailed memoir and the hit movie based on some parts of his life. He spent 2 years in prison and now, at 59 years of age, has a practically negative net worth. Yet, his extraordinary motivational speaking skills continue to attract and inspire people even today.

It is easy for anyone watching the movie to wonder if many of the incidents are exaggerated. But considering Belfort’s eccentric life, even the Nadine sinking incident remains another regular anecdote shared in the movie.

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Classic Yacht Nadine

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Poole, Dorset, England

• Bedrooms: 2
• Bathrooms: 2
• Minimum stay: 1 night

If you’ve ever wondered what a super rich holiday might feel like, then a stay aboard Classic Yacht Nadine will more than satisfy your curiosity!

Sleeping up to four guests (well-behaved pets are also welcome) the sleek, 60ft luxury vessel was originally constructed in Canada; custom-built to exacting standards at a cost of over £10million in today’s value. Now moored at Cobbs Quay Marina in Poole, having returned from the Mediterranean, she offers the perfect setting for a unique and truly unforgettable break.

Among the many delights you’ll experience on board are a choice of three furnished sun decks to relax on with a book and a cheeky cocktail (or two!), indulgent ensuite cabins, a state-of-the-art galley kitchen, and a glorious Jacuzzi hot tub on the flybridge, complete with lights and water jets, to help you see in the sunset with style.

You’ll be welcomed on board by the yacht’s friendly team, who will show you around the yacht, and if it’s a special occasion, your pre-booked ‘Champagne Special’ or freshly-baked cake will be waiting for you, with a continental breakfast also available to order, and private chef-hire an opulent option.

With large surround windows flooding the comfy lounge with natural light,so even if it’s raining you’ll be able to enjoy the stunning sea nearby.

Otherwise, entertainment is covered by superfast broadband and Wi-Fi, with a large Smart TV equipped with Sky and Netflix for snuggly movie-nights.

Meanwhile, the custom-crafted dining area seats up to eight guests – ideal for a get-together with invited friends, as you break bread accompanied by laughter-fuelled conversation and superlative views. Whoever’s doing the cooking can even chat to you as they prepare your meal in that amazing kitchen, in full view.

At a glance

• A custom-built 60ft super yacht, styled to luxurious perfection and moored at Cobbs Quay Marina in Poole, Dorset
• The yacht sleeps up to 4 guests in a master SuperKing cabin and a deluxe twin cabin, both featuring ensuite Bathroom and Shower room private facilities.
• Well-behaved pets are also permitted to stay.
• You will be welcomed on board
• Hire a private chef to cook in the state-of-the-art galley kitchen or enjoy using the gleaming high-end appliances yourself! Breakfast and celebration packages can be pre-ordered for your stay, just ask.
• There are three furnished sun decks to choose from, while the flybridge is home to a glorious hot tub with lights and water jets.
• The marina is a short distance from Poole and you can explore the scenic spots of Studland and Swanage to the West.

Entrance via rear deck: saloon with large surround windows, armchairs, sofa, coffee table, connecting door to the Bridge with large bench seat, access to side decks and flybridge, original steering wheel, steps to galley and living accommodation with 55” Smart TV, superfast broadband, Wi-Fi. Galley kitchen with stainless steel cupboards, Corianna worktops, electric oven, hob, extractor fan, microwave, fridge freezer, water filter system, access to pump room with deep freezer. Kitchen diner with bespoke Corianna table and seating for 8. Twin cabin with wardrobe, en-suite shower, access to laundry room. Master superking cabin with large flatscreen TV, en-suite bathroom. Teak decking area with bench seating, flybridge with seating, dining area, 4-person hot tub with lights and water jets, night-lighting, swim platform, hot and cold water shower.

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You could, of course, choose to dine al fresco when the evening sun is out… the back deck features incredible teak decking and a large dining table that’s ideal for lingering with your chosen evening cocktail

Later, simply wander along the porthole-dotted corridors to bed down in your choice of master SuperKing cabin or a deluxe twin, both boasting ensuite facilities.

Situated in the Cobbs Quay Marina in Poole you’ll find plenty to do in the local area should you choose to leave the yacht’s luxurious confines. Explore the world’s second largest natural harbour – Poole Harbour – and discover stunning Studland Beach with its powder soft sands and Swanage with its iconic white cliffs, both to the west.

But if all that sounds like a little too much effort, you’ve always got the option of pouring another chilled glass of bubbles, and soaking up the scenic luxury that Classic Yacht Nadine offers in spades.

Things to note

Check in after 2pm, check out by 12pm.

Where you'll be staying

Poole, dorset, what the guests of classic yacht nadine say.

“The temptation II is a lovely yacht and is as described. Rob welcomed us late without issue, was friendly, informative and a nice bloke. Everything you could need is on the yacht. Anything we asked was responded to pretty much straight away. The hot tub was an added bonus perfect place to watch the stars or sunrise/sunset. Perfect place to unwind would definitely recommend.”

“Such a fun and unique place to stay – beautiful boat and location just gorgeous couldn’t recommend it enough. Views across the water from the hot tub! Loved it.”

“Wonderful host, perfect get away. Amazing yacht, something different from every other location or places to stay. So relaxing and the hot tub is a bonus!”

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Meet the Real Wolf of Wall Street Superyacht Built for Coco Chanel

The yachting disaster is one of the most dramatic scenes in Martin Scorsese’s blockbuster The Wolf of Wall Street , and like many of the tales in the Leonardo DiCaprio flick, it’s based on a true story. In real life, predatory tycoon Jordan Belfort bought a yacht in 1993 called Big Eagle and renamed her Nadine , after his English-born second wife. The vessel had been built in 1961 by Witsen & Vis in Holland for fashion icon Coco Chanel, but had undergone many transformations by the time Belfort got his mitts on it. Originally 121 feet long, in the 1970s she was extended by nearly 15 feet, and in 1988 she was cut in half and had another 29-foot section grafted on, finally totaling 167 feet.

The luxury yacht used in Scorsese’s film actually bears little resemblance to the  Nadine , being a far more modern vessel. The director hired the 148-foot  Lady M , built by Intermarine Savannah in 2002 and refit in 2011, for filming. It features luxury accommodations for 10 guests, and a marble and granite interior with gold accents.

In Coco Chanel’s day the yacht was mainly used to cruise from Monaco to Deauville for the summer horse racing season. The real  Nadine  sank in 1997 during a storm off the east coast of Sardinia while crossing from Porto Cervo to Capri, much as the movie depicts. Belfort has said that his insistence on sailing in a storm caused the yacht to capsize. Luckily, everyone on board at the time was rescued by the Italian coast guard. 

Jared Paul Stern

Jared Paul Stern, JustLuxe's Editor-at-Large, is the Executive Editor of Maxim magazine and has written for the Wall Street Journal, New York Times, the New York Times' T magazine, GQ, WWD, Vogue, New York magazine, Details, Hamptons magazine, Playboy, BlackBook, the New York Post, Man of the World, and Bergdorf Goodman magazine among others. The founding editor of the Page Six magazine, he has al... (Read More)

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The Classic Yacht Nadine

Dorset, south west england.

Embark on a unique luxury experience aboard our Classic Yacht Nadine. Whether you’re a couple seeking romance or a family looking for adventure, relish in the delightful stroll down the marina pontoon and step into your charming Waterside Residence.

Our Ships’ Manager will warmly welcome you in the private car park and guide you to the Yacht, providing a brief tour on how to enjoy the Hot Tub and use the kitchen. Afterward, you’ll have uninterrupted time for your holiday booking.

The Ship’s Captain resides in the same Marina, ensuring they’re always available to cater to your every need. Enjoy high-speed broadband and WiFi, along with a Smart TV offering a range of entertainment options, from romantic movies to family-friendly shows, music channels, and live sports.

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5 bodies recovered from sunken superyacht off Sicily as search continues

Rescuers have now located the bodies of all those missing.

LONDON and ROME -- Five bodies have been recovered from the superyacht that sunk off the Sicilian coast, ABC News has confirmed, with the final missing passenger's body also now located inside the vessel.

The fifth body had been brought to shore as of early Thursday morning. Two bodies were brought ashore on Wednesday morning, according to the Italian coast guard, while two other bodies were recovered later on Wednesday.

The body of the final missing passenger -- believed to be the 18-year-old daughter of the yacht's owner, British tech tycoon Mike Lynch -- has now also been located inside the yacht, though has not yet been brought to shore.

Mike Lynch's body is believed to have been among those already recovered from the yacht, though the identities of the dead have not been officially confirmed.

MORE: US citizens among Sicily superyacht missing as search continues

Rescue teams are facing a "very hard" operation to find those still missing after the superyacht sunk on Monday, a spokesperson for the onsite fire brigade teams told ABC News.

Luca Cari said on Wednesday that the rescue operation for the people missing from the U.K.-flagged Bayesian was ongoing. The vessel was lost early on Monday in stormy weather around half a mile from the fishing village of Porticello, close to the city of Palermo.

Fifteen people were rescued alive in the immediate aftermath while one body was previously recovered.

"For us, it remains a rescue operation," Cari told ABC News Wednesday morning, prior to the recovery of the five bodies, when asked if emergency services were transitioning to a recovery operation.

Asked if there was any hope that the missing may be surviving thanks to air pockets inside the sunk vessel, Cari responded: "One can never exclude anything but it seems rather improbable."

Cari said that 12 of the 18 divers leading rescue efforts on Wednesday are specialized divers who have extensive experience working inside caves.

MORE: 1 killed, 6 missing as superyacht sinks off Sicilian coast, Italian officials say

Divers have been operating inside the yacht for two days, he added. "But the job is very hard because there are large obstacles and [we] have to work in very narrow spaces."

"It's a long process and we can only operate in short spells," Cari added. Divers have to be rotated constantly, with each only able to stay underwater for around 12 minutes, he said.

Two Americans -- Christopher and Neda Morvillo -- were among the missing, ABC News confirmed on Tuesday.

Christopher Morvillo is a partner at law firm Clifford Chance and represented Lynch in his recent fraud case brought by Hewlett Packard. He is a former assistant United States attorney for the Southern District of New York .

Morgan Stanley International Chairman Jonathan Bloomer and his wife Anne Elizabeth Judith Bloomer are also among the six missing passengers.

ABC News' Joe Simonetti contributed to this report.

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Mystery surrounds sunken, dismantled luxury yacht with no confirmed owner

ABC Capricornia

Topic: Maritime Accidents and Incidents

Jamie McIntyre, pictured with wife Nadine Roberts, formerly owned the yacht but says he sold it. ( Facebook )

The luxury pleasure cruiser started taking on water on a weeknight in May, with just the caretaker on board.

Unregistered and unable to berth at the nearby marina, it had been anchored off the coast of Yeppoon in Queensland. 

But the superyacht had dragged its anchor in the rough weather, and was heading towards the rocky shore south of Lammermoor Beach.

As it drifted and sank into the ocean, maritime crews rescued the caretaker and towed the million-dollar yacht to safer waters. 

The mystery superyacht creating a logistical nightmare for authorities was shrouded by a chequered past. 

As it ran aground, baffled Yeppoon locals watched salvagers cut the marooned vessel into pieces, as debris washed up on the pristine coastline. 

The superyacht was deconstructed over the course of a week. ( Supplied )

Richie Cunningham skippered for Mr McIntyre a decade ago. ( Facebook )

No-one came forward to claim ownership of the boat. 

But accusations were quick to fly. 

"This couldn't happen to a nicer person," boat captain Richie Cunningham told his Facebook followers in a video from Lammermoor Beach, with the partially submerged superyacht in the frame behind him. 

"This is karma at work."

The former owner banned from business

The swipe was at Gold Coast identity Jamie McIntyre, a banned businessman previously known for hosting lavish parties in Surfers Paradise.

In 2016, a Federal Court judge banned Mr McIntyre from managing corporations for 10 years, after he was found to have run five unlawful managed investment schemes, which cost 152 investors $7 million.

Mr McIntyre has been tied to the sunken superyacht, but strongly denies that he is its current owner.

Mr McIntyre with Ms Roberts (together, right). ( Facebook )

"It was owned by a boat syndicate," Mr McIntyre told ABC Capricornia in a text, "mostly overseas owners who don't live in Australia."

Mr McIntyre said he had plans to buy the boat as "a wedding present".

"I used to own it and was buying it back as shareholders wanted it sold, once its commercial survey for charter was complete." 

The influencer, the 'Colombian playboy', and the international syndicates

Mr McIntyre married Brisbane influencer and "entrepreneur" Nadine Roberts in May.

Ms Roberts has not responded to requests for comment for this story. ( Facebook )

Ms Roberts' Instagram feed lists a press pass picturing her as a "journalist" for an anti-vax website. Both have appeared as speakers and performers at anti-vaccination rallies.

Two days before the superyacht sank, a company called Boat Syndicate was registered in Ms Roberts' name.

The company's co-director is listed as Alejandro Mendieta Blanco, a luxury goods buyer and self-described "Colombian playboy", who was jailed in 2020 for receiving stolen gold jewellery and a Louis Vuitton handbag. 

Alejandro Mendieta Blanco describes himself as a "Colombian playboy". ( Facebook )

Neither Ms Roberts nor Mr Mendieta Blanco have responded to requests for comment.

But Mr McIntyre denies Boat Syndicate is the yacht's owner.

"Boat Syndicate was a company set up to buy it, but as it sunk [the] sale obviously can't go through," Mr McIntyre said in a text to the ABC.

Another syndicate listed on the Australian Securities and Investments Commission lists Ms Roberts and Mr Mendieta Blanco as shareholders, with Ms Roberts listed as secretary and director.

Alejandro Mendieta Blanco was jailed for receiving stolen gold jewellery and a Louis Vuitton handbag. ( Supplied )

Known as Boat Swap Syndicate, that company was deregistered in February.

Another of the former Boat Swap Syndicate shareholders, a Turkey-based financial planner, confirmed the syndicate used to own the sunken yacht.

Mr McIntyre did not respond when asked about that syndicate, and has refused to clarify who the current owner is.

"I spoke to some of the shareholders," Mr McIntyre said.

"They said they have no interest in speaking to 'fake journos who works [sic] for mainstream media outlets like the ABC'.

"It must be a very slow news year in Rockhampton," Mr McIntyre said.

"You don't need to speak to anyone … you need to get a life." 

The party boat

Mr McIntyre had plenty of bikini-clad partygoers on board his luxury cruises, his former skipper says. ( Supplied )

Boat captain Richie Cunningham said he skippered for Mr McIntyre a decade ago, when he hosted luxury cruises along the Gold Coast with a boat known as Livin' I.

"I guess the standard operating procedure was party mode," Mr Cunningham said about the time he worked for Mr McIntyre.

"There were plenty of young bikini-clad partygoers, and Jamie and his friends, having a great time.

"And that's all wonderful. But where I drew the line was overloading the vessel."

Mr Cunningham said he quit over alleged safety concerns.

"It's just not viable to have 30 or 40 people trying to clamber all over a 58-foot sports cruiser."

Mr McIntyre claims Mr Cunningham was sacked and his comment on Facebook was motivated by this.

"He can barely write, let alone count, more bulls**t from a sacked skipper," Mr McIntryre said.

Mr Cunningham said he understood the sunken boat to be called Livin' II and that it was not the first time it had been in trouble.

"It's very well known, particularly on the Gold Coast, as a vessel that had previously jammed itself under Sundale Bridge, and then was towed out very unceremoniously." 

Mr McIntyre responded, saying that the yacht was "illegally used by a boat manager and stand-in skipper for illegal charters without the owner's permission and crashed into a bridge".

"It's also run aground before on the Gold Coast near what's known as Bum's Bay just north of Sea World," Mr Cunningham said.

Mr McIntyre has a history of complex company structures and directorships which makes it difficult to track who owned the boat.

But the ABC understands Livin' II had previously been operating as a pleasure cruiser for Gold Coast Luxury Escapes, to which Ms Roberts is listed as a company director.

Mr McIntyre's former bookkeeper's husband was also listed as a director.

The Australian Maritime Safety Authority (AMSA) reported a previous company linked to Mr McIntyre was fined $20,000 in the Southport Magistrates Court in 2020 for hiring out the boat without a certificate of operation or a certificate of survey.

At the time, AMSA said authorities were alerted to the operation "after a paying passenger died from a medical condition during a cruise on December 31, 2018".

The ABC is not implying that Mr McIntyre was implicated in the death.

The owner of a marina in south-east Queensland, who wished to remain anonymous, said he kicked the boat out of his marina after witnessing unauthorised charters.

He said he almost got into a "punch on" with a DJ after "a busload of girls rocked up for a party" on the boat and that he told Mr McIntyre he had to leave his marina immediately.

The 'dark web of shipping'

Maritime Safety Queensland (MSQ) would not respond to specific questions from the ABC about the sunken yacht's registration, insurance or ownership.

In a statement, MSQ general manager Kell Dillon said it was still investigating, in conjunction with AMSA.

"Owners are always responsible for maintaining their vessels or removing them from Queensland waters where they become unseaworthy," Mr Dillon said.

"MSQ has options to seize vessels and remove them as well as to recover costs where practicable through the courts."

Mr McIntyre said there had been "a commercial-in-confidence deal done with the Queensland government" to recover costs, but MSQ has not confirmed this.

Queensland Police said that, at this stage, it was not involved in the investigation, as that was MSQ's jurisdiction.

AMSA said it was "assisting Maritime Safety Queensland with ongoing enquiries".

If the boat is owned by an international syndicate, it's very difficult for the public to ascertain that information.

Ian Bray — the national coordinator for the International Transport Workers Federation — said ownership of international boats in Australia waters was incredibly murky.

Mr Bray said that, often, boats were registered under shell companies in tax havens, making it difficult for authorities to know who actually owned them and was responsible for them.

"It's completely unregulated," Mr Bray said.

"It's really the other dark web — the dark web of shipping.

"It's a global issue that governments need to start to pay attention to.

"When you consider that 90 per cent of the world's activity regarding trade is dependent on shipping, I think it's in everybody's interest that they do pay further attention to it."

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Dramatic video shows 130ft superyacht sinking off Italy coast after being battered in storm

Nine people rescued before boat went under, article bookmarked.

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Dramatic footage has captured the moment a 40-metre superyacht sank into the Mediterranean sea after being battered in a storm.

The 40-metre-long luxury vessel was sailing from Gallipoli to Milazzo overnight on Saturday when it got into trouble around 15km from Italy’s Catanzaro Marina.

Footage shows the yacht, named My Saga, rapidly disappearing beneath waves, as lifeboats appear to float beside it.

The captain sent out a distress call to the Port Authority of Crotone, with officials told the yacht was taking on a significant amount of water from the stern.

The Italian coastguard dispatched two patrol vessels and rescued all four passengers and five crew members on board.

A tugboat sent out at dawn was unable to save the superyacht from sinking because of worsening weather conditions, the Super Yacht Times reports. The Saga finally sank at around 1pm on Sunday.

The outlet reports the yacht, which was built in Monaco back in 2007, was flying under the Cayman Islands flag with an all-Italian crew when it sunk.

An investigation has been launched into the cause.

It comes after a £6 million superyacht sunk after it went up in flames in the UK on the Torquay harbourside.

The 85ft vessel was consumed by fire , with thick black smoking billowing into the sky.

The yacht reportedly drifted out into the harbour after the fire burnt through ropes securing it to the pier, but the vessel was later secured by the fire service.

A fire service statement revealed that the vessel contained approximately 8000 litres of diesel fuel.

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‘Below Deck’ EP Answers Burning Questions About Casting the Show: Past Mistakes, Firings and More

Below Deck fans got some of their burning casting questions including regrets, how involved production is with firings and more.

Nadine Rajabi , who is an executive producer on Below Deck and Below Deck Mediterranean , revealed during a recent appearance on the “Group Text” podcast that the stars often change after being cast in the franchise.

“That has happened so many times,” Rajabi said. “Some people freak out because they’re like, ‘Oh my gosh, what did I sign up for? How is this going to affect my life?’ And some people are just silent. And I’m like, ‘What happened? You were so funny and outgoing.'”

Rajabi recalled some instances when she met people who were “so funny” and lived by the “work hard, play hard” motto — until they got on the boat. “[They] just freeze because of the cameras,” she revealed.

Related: Below Deck's Biggest Drama Through the Years

Below Deck , which debuted on Bravo in 2013, introduced viewers to various crew members who reside and work on a superyacht during charter season. The original series quickly became a major success for the network, spawning spinoffs that include Below Deck Mediterranean, Below Deck Sailing Yacht, Below Deck Down Under and Below Deck Adventure .

Keep scrolling for answers about some of the biggest Below Deck casting changes:

How Does the Casting Process Work?

According to Rajabi, production doesn’t have too much time to spend with the contenders before they join the show.

“You meet somebody, like, two times on a Skype, maybe three times on a Skype at most or maybe one time some of the people,” she explained. “Some people do so well we just do one Skype with them and that’s it. Some people we talk to a couple of times because you want to make sure.”

Rajabi has offered the same advice to everyone — but it’s often ignored. “I always say to them, ‘Be yourself because if you try to be something that you’re not, the camera is going to sniff it from a mile away,'” she added. “The camera never lies.”

Related: Ranking Every 'Below Deck' Franchise Show From Most to Least Memorable

Are there background checks in place.

Bravo has a “whole department” that looks into each applicant’s past, but they don’t always know when someone is “lying” on their resumes.

“That’s when you run into these seasons that kind of become toxic — if somebody’s trying to be something that they’re not, or trying to start something,” Rajabi said. “It’s just like, ‘Why are they doing this?'”

Can Bravo Fire People After Casting Them on a Show?

Once the Below Deck stars are hired, production doesn’t have any say in their departures.

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“There’s absolutely nothing you could do,” Rajabi revealed about how they “cannot fire” anyone behind the scenes. “They’re in the care of the captain.”

Related: A Guide to 'Below Deck' and Its Many Spinoffs

Is there more interest in starring on ‘below deck’ now.

More than a decade after Below Deck premiered, the casting process has changed because of how much the show blew up.

“I think it’s lost its innocence,” Rajabi said about the franchise. “Back then, it was truly yachties just doing a YOLO thing. Maybe they did another season, and then they go back to their boats. [Now] they want to come [and] be reality stars. And I think that’s the problem of what is happening in all of reality right now.”

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