In June 2017, YachtHarbour has reported that US Government moves to seize 91.5m Equanimity. In March 2017, 90-metre Equanimity seized as captain turned off 'AIS' system to avoid detection. In April 2018, US were blocked from seizing $250 million 91.5-metre superyacht Equanimity. In May 2018, Jho Low ordered to turn over his $250 million 91-metre yacht Equanimity to the US.
Now, 91.5-metre superyacht Equanimity moved to Malaysia after her detention by Indonesian authorities. The US authorities believe that the funds used to purchase Equanimity were siphoned off from the Malaysian sovereign wealth fund 1MDB between 2009 and 2015. On Monday, Malaysia’s finance minister Lim Guan Eng said the government intends to take an inventory of items on the yacht and open it for public viewing before auctioning it for “the highest price”. The Malaysian government intends to use the sale of the yacht, which is valued at $250 million, to recover some of the funds lost in the scandal.
Equanimity was built by Oceanco in Netherlands at their Alblasserdam shipyard and delivered to her owner in 2014. Equanimity is one of the largest yachts to be completed by the Dutch yard. She has become known for being the first superyacht designed and built to be fully Passenger Yacht Code (PYC) compliant. The yacht's interior has been designed by Andrew Winch. A beautiful combination of wenge wood, bamboo, marble and gold leaf create an Asian-inspired theme throughout Equanimity's interior.
The superyacht features a 20m squared pool on her deck with jets, a private hot tub outside the master suite and a beach club. An indoor-outdoor wellness area is open to all guests and includes a sauna, hammam, plunge pool and beauty salon. Experiential showers are also available on board as well as a helipad on her upper deck.
Equanimity's interior configuration has been designed to comfortably accommodate up to 18 guests overnight in 9 cabins, comprising a master suite, 4 VIP staterooms, and 4 double cabins. She is also capable of carrying up to 28 crew onboard to ensure a relaxed luxury yacht experience.
Propelled by twin MTU 20V 4000 M73L engines, Equanimity is able to reach a top speed in excess of 20 knots. This luxury yacht is also fitted with 'zero speed stabilizers' which work at anchor, increasing on-board comfort when the yacht is stationary, particularly in rough waters.
A spokesperson for Equanimity (Cayman) Ltd, the owners of the yacht, Equanimity, issued the following statement regarding the Malaysian Government’s precipitous taking of the yacht, bypassing judicial proceedings in the US and Indonesia.
"Through recent legal filings we have alerted the U.S. Court that on 2 August 2018, armed officers of the Indonesian National Police (INP) and Malaysian officials commandeered the yacht, reportedly at the behest of Malaysian Prime Minister Mahathir Mohamad. This is troubling because pursuant to an order of the Central District of California, the US Department of Justice (USDOJ) was the custodian of the yacht and paying for its maintenance and crew.
Given the claims put out by the Malaysian Prime Minister in recent days, we issue this statement to set a few facts straight:
As far as we are aware, this seizure by the Malaysian Prime Minister and the Malaysian government was not coordinated with the USDOJ in any way, but instead was done in opposition to the USDOJ, which had repeatedly asked that the Equanimity be handed over for return to US territory and had argued to the US Court that it, and only it, is capable of acting as a proper custodian of the yacht and preserving its value. The U.S. Court had accepted this argument by granting the USDOJ custody of the yacht.
Moreover, an Indonesian court ruled on 17 April 2018 that the yacht should be returned to Equanimity (Cayman) Ltd. – its rightful owners – not handed over to anyone else. Following this ruling the INP acknowledged that “as a legal responsibility... the Indonesian National Police shall obey the order of the South Jakarta District Court to immediately return the Equanimity to its owner,” and that “pursuant to the facts disclosed in the court hearings, it can be concluded that the legal owner of the Equanimity... is Equanimity (Cayman) Ltd. and there is no relations between the Equanimity Yacht with the 1Malaysian Development Berhad.”
The Malaysian government ignored all this and took the asset in direct violation of an existing Indonesian court decision and an order of the US court. This is apparently why more than a dozen armed Indonesian police and Malaysian officials boarded the yacht last week without prior notice and forced it to sail to Malaysia. Presumably, had they been cooperating with the US DOJ or intending to abide by either of the court orders in effect, this would not have been necessary.
Major news sources have reported that the Malaysian Prime Minister intervened personally with the Indonesian President through a phone call and/or in person, thereby injecting politics into ongoing legal proceedings in two sovereign nations.
Although the Indonesian and U.S. court proceedings had led to conflicting decisions regarding the status of the yacht, both proceedings at least had been open and transparent, with Equanimity (Cayman) Ltd. being given a fair opportunity to present its positions and arguments. Unfortunately, the same cannot be said for whatever actions were undertaken by the Government of Malaysia to seize the yacht. "
Henk de Vries III will retire as Director of Feadship and CEO of Koninklijke De Vries Scheepsbouw on 1 May 2025, concluding nearly four decades of leadership in the superyacht industry. He will transition to an Ambassador role for Feadship while maintaining involvement as a non-executive board member and shareholder of the family-owned shipbuilder.Henk de Vries De Vries joined the company in 1987 and became a director/shareholder in 1996 alongside his cousin Tom de Vries. Under their leadership, De Vries expanded to seven operating companies with over 1,200 employees. The group remains fully family-owned and holds a 50% stake in Feadship.A proponent of sustainability, de Vries co-founded the Water Revolution Foundation in 2018 and continues as its Board Chairman. The organization focuses on reducing yachting’s ecological impact through science-based initiatives.Leadership transitions to Roderick de Vries as CEO and Operational Director, with Bas Nederpelt assuming the role of Chief Commercial Officer and Feadship Director. The new executive team brings over 80 years of combined experience at De Vries.Henk and Tom de VriesHenk de Vries stated: “The four members of our new executive board bring with them over eighty years of De Vries experience. Their deep understanding of the company ensures it is in very capable hands.”Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
April 25, 2025
Apreamare California, the brand’s new exclusive dealer for the U.S. West Coast, will present the American premiere of the Gozzo 38 Cabin at the Newport Beach International Boat Show from May 1st to 4th. The new dealership, led by entrepreneur Jack Suski, marks Apreamare’s return to the U.S. market, where the brand has previously sold nearly 100 boats across Florida, California, Connecticut, and other regions.Based in San Francisco Bay, Apreamare California maintains direct ties with the Sorrento shipyard, ensuring clients receive an authentic Made in Italy experience.The Gozzo 38 Cabin is a year-round cruising version of the popular Gozzo line, designed for enhanced comfort in rougher waters while retaining the open version’s signature style. Developed by Cataldo Aprea, Marco Casali, and Umberto Tagliavini, the model features a redesigned deckhouse with panoramic windows, offering a 360-degree view and a fully enclosed dinette.Giovanni Aprea, Sales Director of Apreamare, stated: “Overseas shipowners have always shown a strong appreciation for Apreamare boats, attracted by the timeless style of our creations, the excellent navigation capabilities, and the endless customization possibilities. With Apreamare California and our participation in the Newport Beach boat show, we bring this heritage directly to our esteemed American customers.”Jack Suski, CEO of Apreamare California, added: “I am thrilled to introduce the Gozzo 38 Cabin to California. Apreamare’s elegance and seaworthiness perfectly align with West Coast boating culture, offering owners the opportunity to cruise the coastline in style and with confidence.”The Newport Beach International Boat Show will be held at Lido Marina Village.Credits: Apreamare
April 25, 2025
The 60 Sunreef Power Eco electric catamaran has been named Catamaran of the Year 2025 in the Multipower category. The award was presented on April 23 during the International Multihull Show in La Grande Mothe, France. The prestigious accolade is granted by Multihulls World magazine to recognize the most innovative and outstanding catamarans in the industry.The 18m catamaran features an advanced solar energy system with photovoltaic panels integrated into the hulls, bimini roof, and superstructure. Powered by two electric motors, the vessel benefits from a continuous supply of clean energy, delivering a smooth and environmentally friendly sailing experience.A key feature of the 60 Sunreef Power Eco is its special ultralight battery, which enables silent and vibration-free operation. The catamaran is designed for comprehensive 360° sustainable sailing, incorporating an energy-efficient air conditioning system and eco-friendly materials in its finishes. Sunreef Yachts was founded by Francis Lapp in 2002 in Gdansk, Poland. Since then, the shipyard has been designing and manufacturing luxury sailing and power multihulls. Credits: Sunreef Yachts
April 25, 2025
Viken Group has introduced its latest innovation in the luxury cruise yacht sector – the 196-meter REI. Developed as a collaborative effort between the three brands of the Viken Group – TDoS (Tillberg Design of Sweden), Hot Lab, and Thalia Marine – the project aims to set new standards in sustainable and exclusive cruise experiences.The REI project solidifies Viken Group’s position as a pioneer in the luxury cruise yacht segment. The vessel, designed to accommodate up to 112 guests and 125 crew members across its 10 decks, features a beam of 28 meters and offers a unique blend of adventure, sustainability, and exclusivity.“We are thrilled to introduce REI. The 196-meter project is the perfect illustration of the combined offerings of the Viken Group, where we manage exterior styling, engineering, master planning, and interior under one umbrella,” said Fredrik Johansson, Co-Founder of the Viken Group and Executive Director of TDoS. “This approach helps our clients streamline the process dramatically, control investments, and optimize outcomes for both guests and operators.”The yacht’s design features a streamlined exterior inspired by nature, combining technical, industrial, and automotive aesthetics with dynamic curves. In contrast, the contemporary interior offers a tranquil environment with adjustable lighting and tactile materials, providing a rare digital detox experience for guests.REI’s design focuses on balancing private and public spaces, featuring numerous dedicated areas for exclusive use. Notable amenities include duplex suites with private winter gardens and pools, massage areas, double-height windows showcasing panoramic views, and a stunning forward infinity pool.Sustainability is a key aspect of the design, with multiple propulsion options including electric, hydrogen, solar, and wind power. The vessel also includes a secondary 27-meter expedition vessel for easy embarkation and disembarkation, powered by electric or solar energy.The onboard experience is designed to be ever-evolving, with entertainment, activities, and menus adapting to the time of year and location. The exploratory dining concept, themed ‘from sea, to land, to sky,’ offers a diverse culinary journey.“The market for cruise yachts is currently looking very promising,” said Antonio Romano, Commercial and Marketing Director at Viken Group. “Thanks to our three brands – TDoS, Hot Lab, and Thalia Marine – Viken Group can harness our unique expertise across superyachts, cruise ships, and refits, meaning we are perfectly positioned to make our mark.”The REI project represents a significant advancement in the luxury cruise yacht sector, combining innovative design, sustainability, and an unparalleled guest experience.Credits: Viken Group
April 24, 2025
Heesen Yachts has announced the passing of its founder, Frans Heesen, on April 23, 2025, in his hometown of Oss. He is survived by his wife Petra, children, and grandchildren.Frans Heesen’s leadership and talent for identifying and nurturing potential were fundamental to the success and growth of Heesen Yachts. Known for his visionary approach and Dutch courage, Heesen took bold steps that shaped the future of the shipyard.One of his most notable achievements was the decision to build the groundbreaking yacht Octopussy, despite significant risks. This project not only succeeded but also brought global recognition to Heesen Yachts.Throughout his career, Frans dedicated himself to creating a family-like atmosphere at the shipyard. Even after the company was sold, the family environment he established remained strong. The values he instilled continue to define the company’s culture today.Heesen Yachts expressed its deepest condolences to Frans’ family and friends, noting that while his presence will be deeply missed, his spirit and vision will continue to guide the company.Frans Heesen’s contributions have left a lasting impact on the yachting industry and on everyone who had the opportunity to work with him. He will be remembered for his pioneering spirit and dedication to excellence.Credits: Heesen Yachts
April 24, 2025