superyacht Turns Ghost Ship: Crew Abandons Burning $50M Vessel Off Costa Smeralda. A crew of twelve was forced to abandon a 164-foot superyacht late last night after a fire erupted in the engine room, turning a luxury cruise into a rapid evacuation 20 miles off Sardinia. The vessel, valued at $50 million and insured by Lloyd's, is now drifting as a charred hazard, threatening the pristine coastline. This incident triggers a 30% spike in global marine insurance claims and raises urgent questions about safety protocols for high-value assets in the Med, impacting charter rates for the peak season.