The captain of the has made a chilling five-word confession on Monday. James Catfield, who was at the helm of the vessel that sank near Porticello, close to Palermo, confessed: "We didn't see it coming." Catfield was reportedly seen looking "limp" as he waited outside an emergency room in the town of Termini Imerese.

The captain was taken to the small town, accompanied by four other survivors from the Bayesian. The luxury yacht, owned by , fell victim to the sea after being around the Italian island at approximately 5am on Monday. It's believed that the $40million superstructure was just 700 metres away from safety when its mast was broken by the storm, causing it to lose balance.

One body has been recovered, believed to be the ship's chef, while rescue teams are preparing to search the wreckage for the six people still missing, according to the Mirror. Those missing include Mr Lynch, his daughter Hannah, 18, his lawyer Christopher Morvilla and his wife Nada, as well as Morgan Stanley International chairman Jonathan Bloomer and his wife Judy. Meanwhile, Mr Lynch's wife and 14 others survived, reports .

Join our WhatsApp news community here for the latest breaking news. Italian rescue teams resumed their search for the missing around 6:30am local time today (Tuesday, August 20), as reported by La Repubblica. British investigators are also due to join the search once they arrive in Palermo today.

The disaster comes after Lynch was acquitted earlier this year of conducting a mas.