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Only debris remained after crews were unable to extinguish the blaze that engulfed the multimillion dollar vessel

Police and fire investigators are looking into the cause of a blaze that sank a $30m super yacht owned by Australian-British businessman Michael Hintze in Sydney on Saturday night.

Police said emergency crews were called to a dock fire on Clarke Road at Woolwich on Sydney’s lower north shore just after 8pm on Saturday night to find the 195-foot (59-metre) vessel, the Andiamo, fully engulfed.