Lady Moura Runs Aground at Cannes

Lady Moura, a 344-foot yacht owned by Saudi billionaire Nasser al-Rashid, ran aground this past weekend off Cannes, France.

The Blohm + Voss-built boat, #10 on Power & Motoryacht’s World’s 100 Largest Yachts, reportedly hit a partially submerged rocky outcropping: Authorities quickly closed two nearby beaches, fearing that a fuel spill would reach shore. Lady Moura was later seen being pulled off the rocks by a tug or salvage boat, and two holes could seen in her bottom, according to news reports.