In the spotlight throughout a long-running case around Malaysia's sovereign wealth fund 1MDB, the 91-meter Equanimity is now being auctioned for a nine-figure sum by Malaysia's government. Built by Oceanco, the superyacht was delivered with one of the largest spas ever seen onboard a yacht.
Equanimity was, however, famous across the yachting community, well before being pushed into the limelight by this case, for its extensive spa area on the lower deck, plunge pools and highly customised interior. At 2,998 gross tons of interior volume, the yacht still sits as the 65th largest yacht in the world.
1MDB was created in 2009 as a sovereign wealth fund with over $4 billion under management to invest in strategic projects. After a series of investments in energy and real estate, a controversy around the fund began as to whether funds had been misappropriated throughout this period by management and government officials.
Later investigations led to asset seizures spearheaded by the US DoJ, amongst which was Equanimity. It was then claimed that her owner, financier Jho Low, had ordered the yacht using profits that were connected to 1MDB's real estate dealings and off-shore accounts totalling over $250 million for the yacht's purchase and upkeep.
Financed also in part through a loan by Sotheby's financial against art works, Equanimity was delivered in 2014 and introduced at the Monaco Yacht Show later that year where she won the award of finest yacht. Amongst her main highlights was an extensive spa area that spanned a large part of her lower deck.
Following developments in the 1MDB case, the DoJ moved to seize Equanimity in June 2017 as part of their effort to recoup an estimated $400 million in alleged profits from Low. The yacht was eventually seized in Indonesia at the request of Malaysian authorities. According to a spokesman for Equanimity (Cayman) Ltd, this was done in violation of Indonesian and American court rulings.
Following the seizure, the yacht was transported to Malaysia where finance minister, Lim Guan Eng said an auction of the yacht was to take place. It is now understood at least nine figures were being sought for the yacht at the auction, which is expected to be completed by March 2019.
Equanimity was, however, famous across the yachting community, well before being pushed into the limelight by this case, for its extensive spa area on the lower deck, plunge pools and highly customised interior. At 2,998 gross tons of interior volume, the yacht still sits as the 65th largest yacht in the world.
The 91-meter's spa is akin to that of a megapolis' 5-star hotel. Incorporating plunge pools, massage areas, saunas, experiential showers, hammams, jacuzzis and a gym all designed with the most precious of materials, it directly connects to a beach club from which guests can swim out into the ocean.
Equanimity's 5 decks are connected by a grand staircase coupled with a glass elevator. Accommodating up to 22 guests in 11 cabins, the yacht was the first one to be built to comply with the new Passenger Yacht Code. Carrying a crew of 31, the yacht can cruise for up to 5,000 nautical miles at a speed of 15 knots, with its top speed at 18.5 kn.
Aft of its second deck, Equanimity features a large helipad, typically covered with lounging sofas and sun beds when not in use. Forward of the helipad is a 20sqm spa pool sitting in front of the entrance to the yacht's spacious main salon. Throughout the deck, guests are kept within the atmosphere of a luxurious, relaxing spa.
Inside, across the yacht's lounges and cabins can be found a continuing theme of the sea rendered through a clever use of sculptures, ornaments and glass. Centred around a clear colour scheme with tall windows throughout, Equanimity's interior almost acts as an extension of the sea wherever the yacht cruises.
Equanimity's staterooms, styled like a luxurious, modern hotel, are spread out into a master cabin with a study, which can be converted into a double cabin, a VVIP suite, 3 VIP cabins, as well as an additional 2 double and 2 twin cabins spread out throughout the yacht's main deck, giving good views to all guests.
Fully-equipped, the 91-meter's gym can be used underway but is best enjoyed when at anchor, with a fold down platform that opens up onto the sea and lets guests exercise practically on the water. Equanimity also comes complete with two custom-designed, 10-meter Hodgdon tenders to ferry around her guests in style.
Malaysia's auction will see qualified buyers making sealed bids for the yacht in view of a sale that is set to complete by March 2019. Whilst the exact asking price is for the moment unknown, officials are looking for a 9 figure number according to various press reports. This becomes the 2nd high profile yacht auctioned off this year, following the 95-meter Oceanco, Indian Empress, which was sold earlier this year for €35 million during an auction in Malta.
Omikron Yachts has celebrated another remarkable achievement in 2024, as its OT-60 model clinched the esteemed Best of Boats Award in the ‘Big Boats’ category. Renowned for its “gentle by design” philosophy, the OT-60 seamlessly integrates innovative design with eco-friendly engineering, all executed with impeccable craftsmanship. This award further solidifies Omikron Yachts’ status as an emerging leader in the nautical sector.The award ceremony took place last night at the Boat & Fun boat show in Berlin, where the OT-60 was honored as a benchmark of excellence in boating. This recognition marks a significant milestone for the shipyard, especially for its debut production model.The jury, consisting of accomplished international editors from prominent nautical publications attuned to the practical needs of boaters, praised the OT-60 for its distinctive features. “This 20-meter vessel is crafted not for top speed, but for optimal fuel efficiency and quietness. It also provides an unparalleled level of comfort reminiscent of sailing yachts. With extensive experience in building vessels over 80 feet, the shipyard has rightfully achieved numerous international accolades, including the Best of Boats Award.”The OT-60's latest recognition is the third major industry accolade this year for Omikron Yachts. It has previously been awarded the European Powerboat of the Year in the Longrange category and the World Yachts Trophy as Revelation of the Year, further establishing the shipyard as a symbol of quality and innovation in yachting.These three honors reflect Omikron Yachts’ commitment to merging advanced technology, sustainability, and exceptional craftsmanship in every project – an ethos that continues with the upcoming OT-80 project, the larger counterpart to the OT-60, featuring an enclosed flybridge, transatlantic range, and enhanced efficiency.“We are immensely proud to receive the Best of Boats Award in the ‘Big Boats’ category, a landmark achievement that underscores the recognition of the OT-60 and our brand within the industry,” stated Nikolas Dendrinos, Chairman of Omikron Yachts. “Securing three major awards this year is a tremendous accomplishment for our team and a testament to our commitment to revolutionizing modern yacht design. With future projects like the Argo 54 in the pipeline, we remain dedicated to delivering yachts that marry cutting-edge technology with innovation and design, enhancing the joy of life at sea.”Between 1969 and the late 90s, the Olympic Yachts shipyard manufactured over 2,000 sailing boats. Starting in 2019, the shipyard underwent a comprehensive renovation, revitalizing its capabilities to design and manufacture contemporary, high-quality boats.Credits: StudioReskos/Omikron Yachts
November 29, 2024
The Italian Sea Group announces the launch of the Katana, the latest 60-meter ketch from Perini Navi's esteemed series. The launch, conducted at the Marina di Carrara shipyard, marks a significant achievement in this ambitious endeavor that seamlessly blends cutting-edge technology, high performance, and unparalleled luxury.Created in collaboration with renowned naval architect Ron Holland, the Katana is engineered to provide an exceptional sailing experience where safety, comfort, and performance take center stage. The yacht features an aluminum hull and superstructure, weighing in at approximately 570 tons, while utilizing carbon fiber for its masts, booms, and rigging to ensure optimal lightness and durability.A standout feature of the Katana is its innovative sail system design, which enhances ease of handling and boosts performance at sea. Additionally, equipped with a state-of-the-art dynamic positioning system, the yacht can maintain its position and heading autonomously without the need for an anchor, further enhancing safety and comfort during sailing.The interiors, curated by the acclaimed French designer Remi Tessier, showcase a harmonious blend of modernity and tradition, tailored to meet the luxury and comfort requirements of discerning owners. The spacious accommodations include the owner's suite and five guest cabins, all defined by understated elegance where every detail is meticulously crafted to ensure the utmost comfort.Giovanni Costantino, Founder & CEO of The Italian Sea Group, expressed pride in this launch, stating, “The launch of this extraordinary 60-meter yacht is not only a milestone for us but also a testament to the strength and ongoing growth of our brands. Perini Navi will continue to shine through its distinctive style and innovative spirit, all while respecting tradition. The Katana embodies our commitment to excellence and perfection, demonstrating the strength and vision of a brand that not only gazes into the future but actively shapes it with passion and resolve.”The Katana is set to be delivered in early 2025.The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credits: The Italian Sea Group
November 29, 2024
Grand Soleil Yachts has announced the world debut of the Grand Soleil Blue at Boot Düsseldorf 2025, scheduled for January 18 to 26, 2025. This groundbreaking project exemplifies the dedication of Grand Soleil Yachts and Cantiere del Pardo to embraced sustainability and marine conservation, setting a new benchmark in eco-friendly yacht construction."The sea is our passion and our home," remarked Gigi Servidati, Chairman of Cantiere del Pardo. "The GS Blue showcases how aesthetics, performance, and sustainable practices can seamlessly coexist, resulting in a vessel that’s thoughtfully designed for future generations."The GS Blue signifies a collaborative effort between Cantiere del Pardo and prominent maritime experts, including Matteo Polli (Naval Architect) and Nauta Design (responsible for both the exterior and interior design), as well as sustainable materials specialists like NL Comp. This boat is more than just a product; it represents a firm commitment to redefine the standards of sustainability within yachting. The Grand Soleil Blue is poised to set a new paradigm for future yacht design – where elegance aligns harmoniously with ecological responsibility.With an overall length of 10 meters, the Grand Soleil Blue comfortably accommodates up to four individuals for overnight excursions, all while providing a zero-impact sailing experience. When its operational life comes to an end, the entire vessel is designed for complete recyclability, utilizing components selected for their reusability, thereby preventing current materials from becoming future waste. This eco-sensitive approach has influenced the design process, resulting in a stylish weekender that is also remarkably innovative.How has such sustainability been achieved? Through advanced design and construction methodologies:Sustainable Construction: The GS Blue signifies a pivotal advancement in yacht construction by incorporating thermoplastic resin – developed by NL Comp, a pioneer in sustainable yachting – which addresses a pressing challenge in the marine industry: end-of-life recycling. Unlike composite boats traditionally constructed with thermosetting resins that are hard to recycle, thermoplastic resin allows for the easy separation of resin from glass or carbon fibers for reuse or responsible disposal.Design for Disassembly: This innovative design approach facilitates the simple disassembly of boat components, mirroring end-of-life practices utilized in the automotive sector. This distinctive consideration assures that all elements of the GS Blue can be effectively disassembled and recycled, thereby minimizing environmental repercussions.Lithium Batteries: The GS Blue will include an 8 kW, 48V lithium battery bank (LiFePO4) from E-Propulsion, recharge-ready within 7.2 hours. This is the standard configuration, which can be doubled in capacity without extending charging time.Electric Propulsion: Featuring a 6 kW electric motor with a direct Pod Drive transmission from E-Propulsion, the GS Blue produces a silent onboard experience and a simplified installation process, championing zero-emission navigation and paving the way for a more sustainable maritime future.Solar Panels: Equipped with solar panels to ensure renewable energy autonomy, the GS Blue’s battery bank powers both the electric motor and essential onboard services. With the standard battery pack, it can cruise approximately 30 nautical miles at a speed of around 5 knots – six hours of continuous operation – extensively supported by an integrated photovoltaic system from Solbian.Thermoplastic Sails: Emphasizing sustainability, the sails of the GS Blue are made from thermoplastic materials, representing a commitment to minimizing environmental impact. Developed by OneSails, the 4T FORTE™ sails are designed to be the world's first sustainably produced sails, ensuring extensive recyclability.Hydrogeneration: While cruising, the E-Propulsion Pod Drive motor generates electricity to recharge the GS Blue's batteries through hydrogeneration, creating energy from the flow of water produced by the propeller's movement.Notably, this pioneering project is co-funded by the Emilia-Romagna region, under the PR-ERDF 2021/2027 program, reflecting a commitment to experimental research and development.Cantiere del Pardo was founded in 1973 in Italy. Pardo Yachts, the brand of Cantiere del Pardo dedicated to powerboats, was born in 2016. The first model, the Pardo 43, was launched in 2017. Grand Soleil was founded in 1973 and is famous for its yachts, which ensure performance for regattas, autonomous long-distance navigation, as well as a high level of sustainable consciousness.Credit: Grand Soleil
November 29, 2024
Sanlorenzo has officially unveiled the SD132, marking a significant milestone in its Yacht Business Unit. This impressive vessel, measuring 40.7 meters in length, stands as the largest composite-built yacht produced by the shipyard and the flagship model in the esteemed semi-displacement line. Continuing the legacy of its predecessors –SD90, SD96, SD112, SD118, SD126, and SD132 – the SD132 introduces refined features and groundbreaking innovations that make it a standout in the yachting industry.“We couldn’t be more excited about the launch of the SD132, which perfectly marries substantial size, cutting-edge design, and timeless elegance – hallmarks of the Sanlorenzo brand,” stated Tommaso Vincenzi, President of Sanlorenzo’s Yacht Business Unit. “The enthusiastic market response is evidenced by five contracts already signed prior to the launch, illustrating the yacht’s successful reception among discerning owners.” He emphasized that every aspect of the SD132 reflects the unwavering dedication and passion of the Sanlorenzo team, who continually seek to redefine the boundaries of onboard space and volume.The SD132 boasts extraordinary dimensions with an impressive 420 gross tons, making it a unique offering among yachts of its size. Notable for its innovative use of space, the yacht features expansive areas designed for optimal connection with the marine surroundings. A key highlight is the expansive beach area, seamlessly integrated with the aft cockpit. When its lateral terraces are rotated and opened, guests are greeted with an impressive 70-square-meter terrace, enhancing the yacht’s connection with the ocean.Additional standout features include the vast 85-square-meter fly deck, complete with a crystal-clear mini pool and sunbathing area. The yacht also includes a side garage capable of accommodating a tender up to 6.25 meters long – a feature typically found on larger vessels – providing extensive customization options. The forward area further enhances this with a separate hangar for storing toys or a rescue boat.Designed by Zuccon International Project, the SD132’s exterior reflects a harmonious balance, rooted in the innovative concept of asymmetry, pioneered by Sanlorenzo. The unique layout positions the main deck walkway on the left side and the upper deck walkway on the right, optimizing weight distribution and interior volume. This configuration also facilitates vertical circulation between decks and enhances the usability of internal spaces.Accommodating four guest cabins and a crew area, the SD132 includes a generously sized 55-square-meter owner’s suite on the main deck, alongside a spacious saloon featuring expansive windows to maximize natural light. The collaboration between Sanlorenzo and Zuccon International Project extends to the yacht's interiors, which focus on creating inviting, nature-inspired environments. The interior design utilizes earth-toned colors and sustainable materials, crafting authentic spaces that emphasize a sensory connection between owners and their vessel.Combining sturdiness with elegance, the SD132 exemplifies Sanlorenzo’s commitment to high performance and extended-range capabilities, achieving a remarkable range of 3,200 miles. Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Sanlorenzo
November 28, 2024
Italy's renowned Hot Lab, a key player in the Viken Group, has unveiled an exclusive behind-the-scenes look at its remarkable design process for the Columbus Yachts' newest superyacht, the Atlantique 43 Frette. This sneak peek highlights the intricate blend of Eastern and Western design philosophies, utilizing prestigious global design brands. Stunning imagery showcases Hot Lab's meticulous design work, capturing both the yacht's elegant exterior and luxurious interior. The same design team has crafted the vessel’s outer aesthetics and inner ambiance, ensuring a cohesive look and feel. Hot Lab is responsible for the entire Atlantique line, spanning lengths from 37m to 65m.“The concept for the exterior design originated from our vision of infusing the elegance, fluidity, and simplicity of sailboat lines into the realm of motor yachts,” said Antonio Romano, commercial director of the Viken Group and co-founder of Hot Lab. “This guiding principle has influenced the entire Atlantique range, a key element in attracting the owner's interest.”The exterior of Frette is reminiscent of natural forms, echoing the gentle curves of a shell or pebbled stone. Each deck features smooth contours, seamlessly transitioning from the bow to the expansive transom, while the sun deck’s roof extends outward like a protective hand. The design harmoniously blends characteristics of both sailing and motor yachts, enhancing its elegant silhouette.“Our inspiration came from nature, specifically the cocoon and polished stone,” explained Hot Lab co-founder and design director Enrico Lumini. “The river stone, shaped by water, becomes perfectly smooth and hydrodynamic, capturing an elegance that only natural elements can impart.”This philosophy extends to the yacht’s exterior spaces, with the open stern creating a luxurious beach club experience, flanked by large foldable wings. A unique glass-walled pool complements the design while forging a direct connection to the ocean, sitting just 50cm above the water’s surface.To maintain an organic atmosphere, the yacht dispenses with bulky structural furniture, opting instead for lightweight freestanding ivory Flexform sofas and loungers that can be quickly rearranged to restore the deck’s natural flow.Another lounge area at the bow centers around a stunning rectangular panoramic pool, framed by white sunbeds and complemented by elm coffee tables from Paola Lenti, as well as a bar topped with natural teak stools. The sun deck is outfitted for casual gatherings, featuring a rectangular teak table for 14, striking marble accents, and ample sunpads.The interior boasts exceptionally high ceilings that create a seamless transition between indoor and outdoor spaces, accentuated by floor-to-ceiling glass panels. Curved glass elements reinforce the yacht’s soft, organic aesthetic, with sliding aft doors that enable effortless circulation.“One of my proudest achievements is the main deck salon and its entrance, which feels like a winter garden, integrating the interior and exterior in a truly harmonic way,” remarked Lumini. “The expansive glass and side openings invite abundant natural light.”The main saloon features deep white sofas and contemporary styling with rounded shapes, including ivory linen seating by Paolo Castelli contrasted with blue-hued cushions. A warm palette of brushed and bleached American walnut parquet laid in herringbone complements oak wall panels that house a large TV framed in onyx and ivory marble. The space includes an elegant oak bench by Fendi, complete with a fabric seat and leather straps, and a sleek bar unit by Poltrona Frau.Hot Lab’s design also reveals a strong emphasis on cultural fusion. “The owner’s background reflects influences from both the East and the West,” Lumini noted. "This blend of details creates an expression that is both elegantly understated and distinctly personal."Moving to the upper deck, Hot Lab has crafted a vibrant gathering space. The outdoor aft deck features semicircular seating arrangements complemented by Flexform lounges and Paola Lenti coffee tables made from elm and iroko wood. Inside, a dining area showcases a custom panda marble table with Fendi Casa chairs, accommodating up to 12 guests, while the lounge area offers Giorgetti Caddy armchairs paired with Fendi Casa coffee tables, all enhanced by side windows that open fully for better circulation. Across five guest cabins, Hot Lab applies familiar motifs from the yacht’s design, featuring warm parquet and walls adorned with melange fabric, creating a harmonious ambiance.“Clients sought a light, airy space for social gatherings and business meetings,” Lumini explained. “Frette embodies that vision, providing a sophisticated yet welcoming environment.”Frette not only captivates with its design but also exemplifies the elegant harmony between its interiors and exteriors. Many claim to achieve seamless indoor-outdoor living, yet Hot Lab has realized this synergy in a way that feels both instinctive and natural. The studio champions a principle they call “Architecture for Voyagers.”“Architecture for Voyagers encapsulates our design ethos,” Romano stated. “It emphasizes respect for the object and its intended purpose. Yachts are unique in combining an outer shell – the pure design object – with a functional living space within. Striking a balance between these two aspects is a challenge that we have embraced, allowing us to create a unified whole.”Viken Group comprises Tillberg Design of Sweden, Hot Lab and Thalia Marine. The company offers a unique expertise compiled from vast experience with some of the world’s most complete shipbuilding projects. Viken Group specialises in every area of marine design, architecture and engineering and combines cultures, knowledge, experience and services. The company believes that the whole is greater than the sum of the parts.Columbus Yachts was established in 2008. In early 2019, the shipyard launched the new flagship Columbus Classic 80m M/Y Dragon, which joins in the Columbus star-studded fleet with the award-winning Sport Hybrid 40 Divine, the 57m M/Y Taiba and the 40m M/Y Eleonora III. The Columbus range offers four different lines: Sport, Classic, Crossover and Custom for unique projects. Currently, Palumbo Superyachts comprises a representative office in Monaco and a logistics network of five shipyards in the Mediterranean (Ancona, Malta, Marseille, Naples and Savona), operating under just as many world-renowned brand names: ISA Yachts, Columbus Yachts, Mondomarine, Extra Yachts and Palumbo SY Refit.Credits: Matthew Donaldson/Columbus Yachts
November 28, 2024