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. "
The Monaco Yacht Show is the world leader event in superyachting. Set in September in the iconic Port Hercules, the MYS represents the pinnacle of the superyacht lifestyle against the glamorous backdrop of Monaco since 1991. Every year, the world’s most respected shipyards display 120 extraordinary one-off superyachts and megayachts, of which 40 new launches are annually unveiled in a worldwide debut.For four days, yacht owners, future superyacht purchasers or charterers, decision-makers in the yachting and luxury industries attend the Monaco Yacht Show to participate in one of the most influential business networks on Earth. On docks, the MYS curates the showcase of a selection of 580 leading companies in the industry: from the most reputable superyacht builders and nautical suppliers, top yacht designers, luxury manufactures and the best brokerage houses to the most sought-after tenders and water toys, prestige cars, helicopter and private jet manufacturers.Largest yachts attending the Monaco Yacht Show 2018 :1. Kismet (95-meter, Lurssen, 2014)2. Aquarius (92-meter, Feadship. 2016)3. DAR (90-meter, Oceanco, 2018)4. Illusion Plus (88-meter, Pride Mega Yachts, 2018)5. Barbara (85-meter, Oceanco, 2017)6. Air (81-meter, Feadship. 2011)7. Go (77-meter, Turquoise, 2018)8. Boadicea (76-meter, Amels, 1999)9. Elandess (74-meter, Abeking & Rasmussen, 2018)10. Cloud 9 (74-meter, CRN, 2017)
September 24, 2018
After its successful presence at this year’s Cannes Yachting Festival, Chaser Yachts has been commissioned by YPI to tender new and existing clients at the Monaco Yacht Show from 26 to 29 September. The service will be provided by a luxury Chaser 500R RIB and will bring this superb model to the attention of a wider audience.Yachting Partners International (YPI), one of the world’s leading companies for the sales,chartering, management and crewing of yachts, has entrusted Chaser Yachts with shuttling guests to and from yachts berthed in the ports and anchored offshore during the Monaco Yacht Show. As these are some of the world’s finest luxury vessels being viewed by some of the world’s most discerning consumers, the choice of tender is naturally a crucial one. It is a mark of distinction for Chaser Yachts that its boat has been selected for this prestigious role, and will contribute to the brand’s visibility.The Cannes Yachting Festival already generated lots of attention for Chaser and at least one sale is since close to completion for the Chaser 500R RIB. This model was particularly praised for its finishing and solid build as well as its speed, manoeuvrability and ability to handle waves.Built entirely in aluminium, the 500R is very light and can be customised to suit a wide range of requirements. With a length of 15.30 metres and a beam of 4.56 metres, it provides plentiful seating and sunbathing space for up to 18 people at a time and is characterised by a stylish, easy walkaround. Deluxe facilities onboard include a two fridges, double berth, bathroom with shower and ample storage space for a wide range of toys such as Seabobs. Three Mercury Verado 400R outboard engines provide an astounding top speed of 50+ knots, cruising speed of more than 40 and a range of 600 nautical miles.The starting price of the Chaser 500R is €680,000 (ex. VAT). The model on display atMonaco will be an €850,000 (ex. VAT) version. For more information or to make anappointment for a sea trail at the show call Jeroen Landeweer on +31 641 948 740 or email email@example.com.
September 24, 2018
CRN will be participating in the Monaco Yacht Show 2018 - to be held from September 26 th to 29 th - presenting a world premiere of M/Y Latona, a new 50-meter masterpiece that adds an exciting, new chapter to the art of bespoke shipbuilding.The Latona is the highest expression of craftsmanship and excellence, which stem from the successful cooperation between CRN’s Engineering Department and Interiors & Design Department with design firm Zuccon International Project. This new yacht’s technical solutions and the slender lines of her hull and bow are indeed the result of CRN Engineering Department’s outstanding skills and expertise, while Zuccon International Project, together with the Shipyard’s Interiors & Design Department, developed the vessel’s refined interiors and elegant, classical exteriors.“The Latona immediately impressed me because of two features that, I am sure, will also conquer the Monaco Boat Show: a very original and creative intuition and a strong personality, which make her a truly unmatched yacht. Building the Latona was a real challenge and marked yet another step forward in the history of bespoke shipbuilding. To meet her Owner’s wishes, we resorted to our Shipyard’s sound technical expertise and refined craftsmanship. The outcome is a refined, sumptuous yacht that embodies the beauty of Middle-European style from the 1920s, skilfully blending together elegance and functionality”, stated Alberto Galassi, CRN’s Chairman and Ferretti Group’s CEO.The Latona is a classic and timeless megayacht that magnificently combines graceful exterior lines, extremely functional outdoor and indoor areas, and truly distinctive interior design. With her 50 meters in length, four spacious decks and an underdeck, the Latona has been built and forged to achieve maximum customization, as required by her Owner, who did not want to renounce the most authentic uniqueness, evident also in the choice of a precious turquoise shade of the hull. Similarly, the Liberty style pervades all interiors throughout the vessel, highlighting Latona’s unparalleled beauty and becoming an expressive constant of the guest areas. The slender bow, and the large internal and external volumes, embellished with spectacular area overlooking the sea, further enhance this yacht’s endless beauty.Launched in February and delivered in May, the Latona embodies the utmost expression of the technical and design skills of the passionate and demanding CRN team that, driven by the vision of a selective and determined shipowning family, was able to shape the Owner’s talent and wishes, in line with CRN’s iconic slogan: “Made by you with our own hands”.
September 21, 2018
Rainbow is a 40-metre sailing yacht, built to an exceptional standard by Dutch masters at Holland Jachtbouw in 2012. She is a faithful and detailed reproduction of the original Rainbow built in 1930, who won the America's Cup four years later after the launch. Rainbow was built for the new J Class Rule and boasts high-tech features such as carbon rigging and hydraulic handling, which makes her a serious contender on the regatta circuit.Dykstra Naval Architechts developed Rainbow from the original plans of the 1934 America's Cup winner and slightly smoothed her lines, making her more hydrodynamic. She can be described as a modern classic, with the hybrid diesel/electric drive and electrical system, high modulus spar, carbon rigging and electrohydraulic sail and handling.Rainbow has been successful at the Porto Cervo Maxi Rolex Cup and Loro Piana Caribbean Superyacht Regatta & Rendezvous, BVI. As well as being a strong regatta contender, Rainbow, with interiors by DeVosDeVries Design is ideal "silver service" charter yacht, with accommodation up to 6 guests. She is presented in immaculate condition following considerable investment in a 2016 refit. Below decks, Dykstra and deVosdeVries design have collaborated with the yard to make an Art Deco style interior.There is a beautiful dining saloon and good accommodation for the permanent crew forward. Outside of the races, Rainbow will offer a luxurious cruising experience for guests.Recently, YPI announced a price reduction of €1,750,000 on one of the best of today's J-Class yachts for sale. The yacht is now for sale at €8,750,000 (VAT Paid). Rainbow will be available to view at the upcoming Monaco Yacht Show at Berth C11. This is a unique opportunity to view the only J-Class yacht in the show.If you are interested in Rainbow contact YPI: Will BishopT. + 377 99 99 97 97M. +33 (0) 627 32 65 42E. firstname.lastname@example.org
September 20, 2018
While constructing its largest model Bilgin 263-II, Bilgin Yachts is now getting ready to build a new 67m yacht at the shipyard's facility in West Istanbul MarinaBilgin Yacht is pleased to announce that it has recently started the construction process of a brandnew project: Bilgin 220. This 67m yacht's exterior lines and naval architecture were developed by Unique Yacht Design in association with H2 Yacht Design for interior living areas."Bilgin 220 is a superyacht that has been designed to offer the owner a well-considered relationship between external and internal living areas in addition to a life spent between sea and land" states Ismail Şengün, CEO of Bilgin Yacht. Its sleek and masculin exterior lines will be similar with her sisterships. Bilgin Yacht applies its trademarks on this new model of the superyacht line through extensive use of windows on the hull, while new features are added such as a touch-and-go helipad as a continuation of brand's philosophy. This philosophy of combining functional features and comfortable areas is also evident in the aerodynamic design, which is brought to life by the clean shapes and sleek lines. The hull design in particular takes the stylistic feature of large, vertical windows corresponding to the living areas and to the guest cabins.Emrecan Özgün, the CEO and the Founder of Unique Yacht Design, describes the design process as follows: "Bilgin 67m is a special project of us. We started with the idea of including all the necessities in tpractically large and comfortable living areas. This yacht offers a dolce vita to its guests while balancing interior and exterior concepts. The exterior lines can be described as sexy, sharp, masculen, modern and most importantly timeless. You can see large windows and portholes which are design standards in today’s world. This definitely reflects the freshness of the exterior area to the interior."The superyacht's sleek lines allowing large living areas are well-reflected in her interior design.Having six decks, Bilgin 220 will offer the owner and their guests alternative living areas while sailing in oceans. As well as a flybridge and sunbathing areas, the superyacht will have a lounge on the upper deck, a saloon with a bar section on the bridge deck and a living room including a 16- person dining table on the main deck. The owners suite located on the front part of the main deck will be available with a jakuzzi, working space and a private lounge. While a VIP cabin will be located by the owner's cabin, the layout includes four guests cabins located alongside the crew area on the lower deck.Bilgin 220 will be powered by twin 1,800 rpm MTU engines, allowing the yacht to reach 15 knots at cruising speed and touch 17 knots at top speed (preliminary data). There will be two Cummins generator sets both offering 1,500 rpm. Bilgin Yacht has started the construction of the yacht on June 2019. The yacht's planned launch date is 2021.
September 20, 2018