The second Heesen largest superyacht, 65-metre Galactica Star, was announced sold on July 25, with Fraser representing the seller and Burgess representing the buyer. The vessel was listed for sale earlier this year asking $ 42,000,000, as a result of a notorious corruption case in Nigeria.
Custom-built by Dutch yard Heesen in 2013, the vessel seconds only to the builder’s 70-metre Galactica Super Nova in terms of LOA. She features exterior styling by Omega Architects, engineering by Van Oossanen & Associates, finished by interiors from the boards of Bannenberg & Rowell.
In April 2019, the vessel was offered for sale in a sealed bid arrangement, proposed by the U.S. Department of Justice and the Federal Republic of Nigeria and approved by U.S. federal court. The sale process roots back to corruption case against two Nigerian nationals.
Allegedly, the superyacht was originally owned by Nigerian oil magnate Kolawole Aluko, who is one of four defendants accused of cheating Nigeria out of almost $1.8 billion in siphoned crude oil sales, reports The Marine News. The U.S. government also accused Aluko and another oil executive, Olajide Omokore, of laundering money in the United States and using it to acquire the yacht, among other assets.
The sale followed a court-ordered seizure of the yacht's owner's assets due to possible connections to an ongoing Nigerian oil corruption scandal, triggered by the Panama Papers investigation. The latter refers to 11.5 million leaked encrypted confidential documents that were the property of Panama-based law firm Mossack Fonseca, exposing the network of more than 214,000 tax havens.
Thus, the US and Nigerian governments received Federal Court approval to sell the arrested superyacht due to high maintenance and dockage fees, estimating the combined cost at around $170,000 per month. Managed by Fraser, the vessel was listed at $42,000,000.
Galactica Star accommodates up to 12 guests overnight in 6 cabins, comprising a master suite, 1 VIP stateroom, and 4 double cabins. She is also capable of carrying up to 13 crew onboard to ensure a relaxed luxury yacht experience.
The most alluring feature about the vessel is what goes on below the waterline. Van Ossaanen Naval Architects successfully created a yacht that cruises 30% more efficiently than a conventional round-bilged motor yacht in this size range.
Powered by 2 MTU 5,592 HP diesel engines and propelled by twin screw propellers, Galactica Star is capable of a top speed of 27 knots, and comfortably cruises at 24 knots. With her 90,000 fuel tanks she has a maximum range of 4,200 nautical miles at 14 knots. Her water tanks store around 30,000 litres of fresh water.
The yacht used to be popular for charter among celebrities, for instance, once rented by American music industry power couple, Jay Z and Beyonce for a holiday cruise, according to WithinNigeria.
In the meantime, acting as the seller's representative Fraser, one of the world’s leading brokerage companies, has been recently announced acquired from the Italian AzimutBenetti Group by US broker MarineMax.
The motor yacht Inevitable which measures almost 30m has been sold by Northrop and Johnson's Whit Kirtland. The 29.57m motor yacht Inevitable has been sold, with Northrop and Johnson’s Whit Kirtland representing the seller in the deal.It’s inevitable to fall in love with this luxury motor yacht Inevitable. She features a classic and stylish Hargrave design.Inevitable was built by US shipyard Hargrave Custom Yachts in 2003 and generously upgraded in 2012, 2016, and 2018. Now the boat is in like-new condition. She features an exterior design by Jack Hargrave and her interiors were completed in-house.She is offering accommodation up to 9 guests taken care of by a crew of 4. Her master cabin features a walk around king-size bed, long couch, and en-suite master bath. The aft deck has everything for quality time in the open air with built-in upholstered seating, a fridge, a table, and a weatherproof 32-inch Samsung television screen. Upon the flybridge, there is further al fresco dining and lounging with hard top cover.Inevitable provides big toy storage. Guests can enjoy water skis, a slalom water ski, two kayaks, fishing gear, two jet-ski, tube, wakeboard, two standup paddleboards, snorkeling gear, and rendezvous diving.She cruises at 16 knots and reaches a top speed of 20.0 kn.Inevitable was asking $1,770,000.
June 3, 2020
Italian shipyard Admiral is about to launch in-build 55m superyacht Geco.The launch is set to take place from 11 am CET/10 am GMT+1 on Thursday, June 4.It is possible to join the livestream of the event by clicking here.Geco is built from aluminum as one of the Admiral S-Force series. The superyacht can accommodate 12 guests in 6 cabins, including a master suite, VIP stateroom, two double cabins, and two twin cabins. She is also capable of carrying up to 13 crew members onboard.Her impressive interior is complemented by huge exterior decks, with a large pool, open-air sundeck with a full gym, and a Touch and Go helipad for seamless arrivals.Geco is a motor yacht, which has an impressive list of tenders and toys including two Jetskis, kayaks, and snorkeling equipment.
June 3, 2020
At her launch in 1990, Lady Moura was the most expensive and innovative yacht in the world. As a private yacht built by Blohm & Voss, with a length 105m, she was extremely outstanding.In an era when only clients of Royal status were able to possess such luxury, Lady Moura was registered as the ninth largest yacht ever built. She definitely set a new standard in yachting 30 years ago.Built to be a private residence, the yacht has been cloaked in mystery to the outside world for three decades. But now the yacht is for sale for the first time by her original owner, and we finally have a chance to have a look inside.Most of the interior is still original.An army of the crew who knows every corner of the boat helps to keep the youth and beauty of the boat.“The average time crew have been on board is 18 years: the chief housekeeper has been here for 25 years; the bosun 28 years; the chief engineer came on board the first time in 1993; the captain has been here for 17 years. A lot of people have spent more time on this boat than at home over the last 20 years,” says relief captain Sebastian Rauber.Lady Moura has never been chartered, she hasn’t even moved much. “Cruising – we didn’t do too much,” says Captain Matthias Bosse.26 guests can be accommodated across seven decks of which one is a dedicated owner's deck which includes six staterooms. The interior covers Lady Moura's lounges and reval dining rooms with luxury, yet functional furnishings.Up to 72 crew members are available for any requests, furthermore, guests can make use of the amenities, such as the helipad, a gym, movie theatre and a disco with DJ room. Top top it off the recreational deck feature a spa with sauna and an indoor pool.The beach club is easily accessible from the ocean via six gangways and two entrances for use by one of the superyacht's tenders.There are 5 spacious cabins for children held in lighter colors. During recent updates, the generator and engines have been rebuild, as well as new team decks, refurbished crew, and technical spaces. Due to an advanced remote monitoring system that allows for condition-based maintenance and real-time troubleshooting, she is in excellent condition.
June 3, 2020
Fraser introduced the buyer of the 74m CRN motor yacht Odyssey II, which was jointly listed by Burgess and Fraser. After getting a new owner, the yacht has been renamed to Lady Jorgia.The yacht is built from a steel hull and has an aluminum superstructure to Lloyd's Registry standards and is MCA compliant. It got delivered to her owner in 2017.Offering guests every luxury imaginable, including a spa with hair salon, indoor and outdoor cinemas, and a gym, Lady Jorgia represents onboard all dreams coming true.Lady Jorgia offers accommodation for 12 guests in 6 rooms, consisting of one master suite, 1 VIP stateroom, 2 double cabins and 2 double/twin cabins. Additionally, 22 crew members fit on it, making sure no request will be unfulfilled. Elegant and stylish interior and furnishings create a timeless and elegant atmosphere.Odyssey II was priced at €84,000,000 at the time of sale.
June 2, 2020
The X95 represents the third project of the partnership between Princess, Olesinski, and Pininfarina. Challenged with setting a new standard of layout excellence, which is defined by large, adaptable spaces that can be used differently, it offers a new level of the boating lifestyle.The British shipyard has revealed the 29.11m superyacht in 2018. A luxurious modern interior accommodates up to 8 guests and a crew of 4 people is also housed on board.Princess X95 is built for a life at sea, and focused on the comfort, so life on it is unlike that on any other boat its size. The layout of the yacht provides 10% more outdoor space and 40% more indoor space than a traditional motor yacht.Characterized by beautifully sculpted surfaces and long flowing lines, the X95 defines a striking design language for her class.Additional port and starboard guest cabins can each be configured with two single beds or one double bed, whilst generous crew quarters complete her extensive accommodation.The first Princess X95 has taken to the water in Plymouth and started sea trials.
June 2, 2020