the race: On 15 January 2010, Cork Clipper ran aground on the Gosong Mampango reef in the Java Sea at . In 1992 it was reported that the reef and its associated light lie east of their charted positions. The crew successfully evacuated the yacht and were aided by competitors Team California and Team Finland. Cork Clipper was abandoned a few days later after the decision was made that any attempt to salvage her would be uneconomical. On 31 October 2017 at approximately 2140 UTC (2340 local time), Greenings ran aground on the rocky shoreline of the western side of the Cape Peninsula, roughly halfway between Cape Town and Cape Point. A Marine Accident Investigation Branch investigation was undertaken. The yacht was dismantled. Discovery of 'ghost ship' On 31 January 2016, while on Race 7 from Australia to Vietnam, LMAX Exchange came across the private yacht Sayo, dismasted and adrift about west of Guam. On investigation, the body of owner Manfred Fritz Bajorat of Germany was found dead aboard the yacht "in an advance state of decomposition". On reporting the finding to authorities and being unable to provide any further assistance, the LMAX Exchange was permitted to continue on its way. The yacht and occupant were later discovered by fishermen in the Philippine Sea and made international headlines for the macabre nature of the discovery. Ownership In November 2022, The Times reported that Knox-Johnston and Ward were seeking a high net worth individual with an interest in sailing to buy Clipper Ventures PLC, at a price of £60 million but were keen to stay on as president and executive chairman of the company. References External links www.clipperroundtheworld.com Clipper Race Official Website www.clipper-ventures.com Clipper Ventures Plc Official Website www.jamaicaclipper.com Jamaica Clippers' own Website 07–08 Race www.facebook.com/clipperroundtheworld Clipper Ventures Facebook page Recurring sporting events established in 1996 Round-the-world sailing competitions Yachting races