On November 9th I reported that, following an engine-room fire off Fort Lauderdale, Trinity's 49.1m motor yacht_Lady Michelle_ was for sale through Merle Wood and Peter Croke at Merle Wood & Associates. Hearing a rumour that a sale was imminent, I called Peter Croke on Friday who said it's not a rumour: the sale closed that day.

Built in 2007 to ABS class and MCA compliant, Lady Michelle sleeps 11 guests in a master, three doubles and a twin plus Pullman berth and was on the market asking only $12 million. When I mentioned the sale to another broker he shot me an email saying, "A snip for someone. They must be damn good, those Merle Wood guys. I tried it with a couple of my clients and it scares the s**t out of people when you mention fire and boat in the same sentence..."