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 Amels 188 has an all new exterior design by Tim Heywood and interiors by Reymond Langton. The wide 10.6-metre beam (35 ft) adds to the high volume (970 Gross Tonnage) interiors with high ceiling heights. Volpini 2 features an Owners Suite with folding balcony (12 square metres / 130 sq ft), six suites including a VIP suite on Bridge Deck, a Sun Deck Sky Lounge accessed by central staircase and elevator, plus a Beach Club and wellness area with internal stairs to the Main Saloon.<iframe width="640" height="360" src="https://www.youtube.com/embed/V4KgLsuIAu0" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>
August 17, 2018
Your own Princess yacht, the wide blue horizon, yet without the traditional complexities of owning a yacht. YachtQuarters is a new way to live the Mediterranean dream at a fraction of the usual cost. Now we’re offering interested parties the chance to understand this new concept during the Southampton Boat Show 2018.YachtQuarters was launched back in January 2018. It is a unique shared acquisition program where every aspect of the yacht’s operation, maintenance and management is looked after by experienced permanent crew and the professional management team at Princess Motor Yacht Sales, the world’s largest Princess distributor and a leading European maritime service provider for over 50 years. The programme features a stunning new Princess 75 Motor Yacht, Maltese-flagged and based at Port Adriano in Palma de Mallorca, just 30 minutes’ drive from the airport. She boasts eight berths in four luxurious en-suite cabins, and separate quarters for two or three crew members.The YachtQuarters yacht manager will ensure that each owner enjoys a total of eight trouble-free weeks onboard during the year: two in summer, four in spring and autumn, and two off-season. This ensures that owners get maximum value from their investment.Outgoings such as servicing, maintenance, repairs, storage etc. are predictable based on costs from the previous year and shared equally between all owners. Individual owners will be responsible only for their consumables such as food, drinks and fuel.The crew can replace the owners’ personal effects and ensure food and drinks preferences are onboard prior to arrival to ensure that the owners feel at home as soon as they step aboard their yacht. YachtQuarters’ budgets include permanent crew for the Princess 75 and her toys (jet tender, water skis, banana boats, Seabobs, snorkling gear etc.), complete management and operation, as well as reserves for unexpected expenses. In comparison to charter, the total cost per week with YachtQuarters is approximately 65% of a corresponding charter. The yacht will always be kept in superb condition through the meticulous management of the crew and Princess Motor Yacht Sales’ aftercare service, safeguarding the investment. This will ensure the yacht is in perfect condition on arrival, ready for a memorable experience in the perfect cruising area of the western Mediterranean. Investment in YachtQuarters creates a four-partner ownership structure that lasts for four years, after which the boat is sold and the structure dissolved. If, after a minimum of two years, an owner wishes to opt out, they can sell their share as a liquid asset.At this year’s Southampton Boat Show, potential owners will have a wonderful opportunity to engage directly with the YachtQuarters team and take a moment to tour the beautiful Princess 75 which will be on display. Whilst at the show, visitors can speak directly our programme manager, and understand from his long-standing experience, just what is different about this concept and how it works.
August 17, 2018
Australian custom Superyacht builder Echo Yachts have proudly revealed their 84m superyacht newbuild project White Rabbit during an exclusive VIP event at their shipyard in Henderson, Western Australia.White Rabbit is 100% custom designed and built according to its experienced Owners exacting requirements and is the culmination of 4 years of detailed design and construction efforts by the team involved. At nearly 3000 gross tonnes, 84m in length and 19.6m beam, White Rabbit is largest superyacht built in Australia as is the largest aluminium and largest tri-hull superyacht in the world.Designed by Sorgiovanni Design, White Rabbit showcases the highest standards of luxury cruising and will provide amazing seakeeping, speed and fuel efficiency for a vessel of its size and magnitude. Echo Yachts celebrated the reveal of White Rabbit in style during the exclusive reveal function featuring an evening of VIP speeches, video documentary of the build, plus an evocative and memorable sound and light show including special guest and cellist Ms Joanna Quail of London.Guests were provided the rare opportunity to step onboard and view some of the expansive exterior entertaining spaces and enormous luxury interior spaces thanks to the hospitality of White Rabbit’s owner and family who were in attendance for the special event. Echo Yachts director Mark Stothard: “The Echo Yachts team are extremely proud to have been entrusted to create this truly unique and amazing superyacht for our valued client and it has been a pleasure to achieve such a fantastic result together with Sorgiovanni Design, One2Three Naval architects and ALIA Interiors.The enormous trimaran hull form and refined styling of White Rabbit create a profound and immediate Wow Factor that no other hull form can quite achieve. We are confident that this unique Trimaran will produce outstanding performance and provide distinct benefits compared to other hull forms in terms of shear guest space, plus sea keeping and fuel efficiency which we intend to prove during sea trials in the near future.Our team are really looking forward to launching White Rabbit and demonstrating the amazing benefits and performance characteristics this special type of yacht delivers”. Final preparations are now underway for the launch of White Rabbit in early September. Echo Yachts will be attending this year’s Monaco Yacht Show and available for appointments to discuss newbuild and refit opportunities, with immediate build capacity available.
August 16, 2018
Two of the world’s largest sailing yachts, Eos and Athena, have booked the same timing for their coming refit projects.The 93-metre three-masted Lürssen schooner Eos, until recently the world’s largest sailing yacht, has for some time been a regular customer for Royal Huisman’s superyacht refit division, Huisfit. The Eos team has just signed a new contract with Huisfit, taking full advantage of the flexible choice of deep water location offered to meet their needs and schedule.At the same time, the Huisfit team is delighted to announce that the 90-metre three masted schooner Athena, built by Royal Huisman in 2004 and with a seriously impressive log book of globe-circling adventures, has booked the same timing for her latest refit programme. In 2014 the Huisfit team also took care of various aesthetic and technical updates by sending its own ’flying squad’ of specialist personnel out to Athena during a stopover in the Mediterranean.Athena arrived on 6th of August and Eos is expected later this summer. Both yachts will be at a deep seawater location in Holland for several months during the winter “refit season”.
August 16, 2018
German shipbuilder Lurssen launched their first superyacht in the year 2018 in Rendsburg - 111-metre project TIS. Next, she will be outfitted, before her sea trials. This massive volume yacht, Project TIS was commissioned for a long-time charter client of Moran Yacht & Ship, who has over the past seven years, chartered some of the largest and highest quality motor yachts in the world. This experience has led to owner input on nearly every level, from guest accommodations to propulsion package selection, all the way to crew area design.With an interior and exterior styling by Andrew Winch Design, Project TIS will feature 2 helicopter pads, a 12 meter swimming pool, a resort inspired spa in the aft of the vessel, and palatial staircases that to date have only been seen in palaces. Her tender garage will accommodate 2 13 meter tenders, 2 additional 10 meter tenders, a submarine, and a abundant selection of other water toys. Lack of space will not be an issue for this family-oriented owner. In addition to a massive private owner’s deck, eleven other guests staterooms will accommodate twenty-two additional guests in absolute comfort.TIS is expected to be delivered later this year.All photos by Klaus Jordan.
August 15, 2018