Auction, ordered by the court has found the winner, which had payment deadline, but he failed to meet it. Iranian buyer needed to pay €43.5 million till the 5th of July and then asked the Maltese court for a 15 day prolongation, but the court rejected the request.  What will happen next with the yacht is a new auction. The previous one started with the bids starting from €25 million, and just 3 bids were made during it.  It's a real good opportunity to get the superyacht of this size for this price, but not so many people are ready to pay such amount of money in such a short period.



The yacht was abandoned by her owner - Vijay Mallya, in September 2017. Much of Mallya’s assets in India and elsewhere have been either seized or frozen as he faces charges of money laundering and defrauding a consortium of Indian banks. Indian Empress was targeted by an arrest warrant issued in favour of Melita Power Diesel Limited for outstanding payment of €651,399. The current owner purchased Indian Empress in 2006 for $113 million. Originally built for a member of the royal Qatari family, the vessel has also been a very popular charter yacht. Indian Empress had a major €6.4 million refit in 2016, where the interior has swapped deep red and rich gold colours and ornate gilt-work and traditional carpets for contrasting woods, pale neutral colours and large impressive art. Vijay Mallya, a supposed owner of the Indian Empress denied being the owner of the yacht.

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New delivery: CPN’s  37m explorer yacht K-584
Italian shipyard CPN is happy to announce the on-schedule delivery of the 36.6-metre explorer yacht K-584, which happened on 31st July.Cristiana Belardinelli, owner of CPN, commented:It has been an amazing and very challenging experience to go through the full design, development and building process, lived very directly also by the clients. Looking at this brilliant jewel like K-584 leaving our dock and taking the sea on August 1st made myself and our family so proud, a truly priceless moment.The project was overseen by Yachting Expertise who was involved since the project development stages K-584 features naval architecture by Yachting Expertise engineer Antonio Longobardi. Andrea Vallicelli and Alessandro Nazareth are responcible for her exterior design.Gianluca Fenucci from Yachting Expertise said:K-584 is a great and unique story of human relationship, ambition, professionalism, respect, intense teamwork and the love for the work we do since three decades, always with the same professionalism, passion and dedicationition, professionalism, respect, intense teamwork and the love for the work we do since three decades, always with the same professionalism, passion and dedication.Yachting Expertise had the responsibility to keep all these values well balanced and timely deliver a very innovative project that we trust will raise the bar to another level with her personality, elegance and amazing performance. She is a beauty, strong, very efficient and very easy to be operated. What else do you need to be happy and enjoy yachting? Today we are very satisfied to have been able to reach once again the difficult task to make “everybody happy”, including ourselves at YE, and to be back to the yachting arena with a project that is different from everything else and that will set a new standard.K-584 is powered with twin MAN D2868 LE 425 715hp engines which helps her to reach a top speed of 14.4 knots and an autonomous range of 6,000 nautical range at 10 knots.The motor boat features a 6-metre Tideman tender on her aft deck where a two-tonne HS-Marine crane takes care of launching and retrieving operations. There is a large swim platform with an adjacent fully-equipped diving area lower aft deck. The motor yacht can accommodate up to 10 peoplewith 5 crew members. The owner's stateroom with a private outdoor terrace is located on the upper deck. Guest can stay in two VIP and two additional guest staterooms. Pierluigi Floris, supported by Yachting Expertise partner Lorenzo Barbini and collaborating with the owners, created the design of all guest areas on board.The owner commented: For an owner’s perspective, the realisation of a project like K-584 starts with a dream that you try to transform into reality. You start by listening to your heart and after using your brain.Three intense years with all the parties involved are totally focused to reach the best results with regard to style, technical performance and seaworthiness. Almost three years that make the shipyard your second home, this is the feeling my wife and I had. Now that all personal, technical and comfort expectations have been exceeded, we have the privilege and great pleasure to enjoy this superb jewel. Viva CPN, viva K-584, we look forward to the next challenge.
Sold: matte black 34m Mangusta 108 superyacht Neoprene
It is impossible not to notice this eye-catching matte black 33.5-metre Mangusta 108 motor yacht Neoprene (ex: Naisca V), which has been recently sold. Dimitris Kyriazakos from Ekka Yachts was representing the buyer and Ed Dickinson and David Seal from Northrop & Johnson were representing the seller in the deal.Neoprene was built by Overmarine in Italy at their Viareggio shipyard in 2002. With a beam of 7.1 m and a draft of 1.2 m, she is powered by two MTU 12V 4000 M90 diesel engines, enabling her a maximum speed of 32 knots and a cruising speed of 25 knots. She features an exterior design by Italian studio Stefano Righini Design, with naval architecture by Andrea Bacigalupo and Overmarine. Her light-warm and neutral timeless interior design was created by Barth Italy, which was renewed from the last refit in 2017, thanks to Monaco Marine.The motor yacht can accommodate up to 10 guests across four staterooms, comprising a master suite with king-sized bed and walk-in wardrobe, VIP stateroom with a double bed, another double bed stateroom and a quadruple stateroom with four bunk beds. A crew of 5 members will take care of guests.There are sun-pads located on the foredeck shaded by an optional canopy with an outdoor dining space aft.
CdM revealed interior of 31m yacht Archipelago
Let’s take a look inside the new 31.1-metre explorer yacht Archipelago, which is the fifth Darwin 102 to come from the Italian superyacht manufacturer Cantiere delle Marche.The boat has a steel hull and aluminium superstructure built to RINA Class standards. Her naval architecture and exterior styling comes from Hydro Tec.Francesco Guida is responsible for her interior design with a sea theme of white, blue and green. Archipelago offers accommodation for 10 guests across five en-suite cabins, including a large owner's suite on the main deck, 1 VIP stateroom, 2 double cabins and 1 twin cabin. The crew of 6 will provide luxury comfort for of guests. Vasco Buonpensiere, co-founder and Sales and Marketing Director of CdM, commented:We are very proud of launching the fifth Darwin Class 102' confirming that there is no other more successful explorer vessel’s model between 90 and 110 feet in the whole market.There is a large open-plan living room with dining area on the main deck. The upper deck has the storage for the yacht's Williams Dieseljet D565 tender and wheelhouse. Also here you can find the helm controls forward with the Captain's cabin immediately behind, followed by the cozy skylounge, which is ideal for close conversation.Archipelago is powered with twin Caterpillar Inc C18 Acert engines delivering 500kW each, which helps her to reach a top speed of 13 knots and a cruising speed of 11.5 knots. The yacht has an extensive cruising range of 4,700 nautical miles at 9.5 knots.
Grace, 52m Amels Limited Edition 171 yacht found a new owner
Grace is a 52.3 m luxury motor yacht. She was built as a Limited Edition 171 model by Amels and delivered in 2009. With Imperial Yachts representing the seller and Edmiston introducing the buyer, Grace has been recently sold. With a beam of 9.5 m and a draft of 3.3 m, she has a steel hull and aluminium superstructure. This adds up to a gross tonnage of 649 tons. She is powered by MTU engines of 1427 hp each giving her a maximum speed of 15.5 knots and a cruising speed of 13 knots. Grace's maximum range is estimated at 4500 nautical miles. The motor yacht can accommodate 12 guests in 6 cabins with an interior design by Nuvolari Lenard and an exterior design by Tim Heywood.Tim Heywood described:The larger the boat is, the easier it is to make it elegant. But then, I like the challenge of trying to apply the design formulas I’ve created to smaller boats. The Amels 171 as it was originally, now the 180, that to me features a lot of the details and design elements that I’ve created on the bigger boats.There are two jet skis, 6.5-metre tender, large swim platform, onboard crane, and the panoramic sundeck with its Jacuzzi and many other outstanding features.Greg Thomas, Imperial sales broker commented:Most of the Limited Editions superyachts have interiors by Laura Sessa, whereas Grace was created by Nuvolari Lenard Studio, so she has a special, unique touch and feel compared to other 171’s.The interior is decorated with leather, wenge wood, light white oak, Alcantara fabric and Capria leather. For the third third owner her last asking price was €23,000,000.
Take a look inside 37m Majesty 120
Majesty 120 is a stunning 37.07-metre luxury yacht, which was first announced as the new flagship of the UAE yard Gulf Craft during the 2019 Monaco Yacht Show.Gulf Craft is happy to announce that the first unit has completed sea trials and is listed as a yacht for sale. She features a naval architecture and an exterior design by the yard.The interior designer Cristiano Gatto created a space for up to 10 guests to stay in five staterooms with an asymmetric design.Cristiano Gatto, the designer said:For me, the Majesty 120 perfectly captures the direction in which this innovative brand is heading with her dynamic profile, balanced outdoor spaces and sophisticated interiors that are all designed with true yachtsmen and women in mind.Gatto described the interiors as “fresh and light”, with key materials includes “lacquer, light woods and marble.”The vessel is the first Majesty model equipped with fully airborne electric drive equipment, leaving only two 2600-hp MTU engines and diesel generators.The highlights of the boat include a Jacuzzi on the sun deck and a ‘hybrid’ beach club, converting to a tender storage.