The 91.5-metre Oceanco superyacht Tranquility has been listed for sale via Camper & Nicholsons, who has been responsible for her charter management. The superyacht was acquired for $126,000,000 by Genting Malaysia Bhd in April 2019, as a result of corruption scandal linked to Jho Low.



The long running saga around the yacht dates back to August 2018, when the  Indonesian authorities seized Low Taek Jho’s superyacht at the request of the US Department of Justice, and transferred her to Malaysia. It is alleged, that the yacht was originally purchased by Low Taek Jho using money embezzled from the 1MDB state fund.



Shortly afterwards, Tranquility was put on sale as a part of the effort to recover funds stolen by Low and his cohorts from the state fund, according to The Independent. In the meantime, the vessel’s maintenance had cost the government over $3,500,000 since her reclaiming in August 2018.



After several rounds of sale process, the highest bid was received from Genting Group, a Malaysia-based investment holding and management company, engaged in the leisure and hospitality, oil palm plantations and property development. The group’s market capital meanwhile is estimated at $8.3 billion by Forbes, as of June 2018. The bid, however, halved the vessel’s original price estimated at $250,000,000.



Built in 2014, Tranquility was the first superyacht designed and built to be fully Passenger Yacht Code (PYC) compliant. Thus, she can accommodate up to 26 guests on-board across 9 cabins and owner's suite, along with 28 crew members. The yacht is also trademarked with extensive spa area on the lower deck, plunge pools and customised interior. 



Across her five decks, Tranquility features several 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.



Tranquility also comes complete with two custom-designed, 10-meter Hodgdon tenders to ferry around her guests in style. The yacht can cruise for up to 5,000 nautical miles at a speed of 15 knots, with her top speed reached at 20 knots.



Price of the superyacht is available upon request. According to Bloomberg, however, her price tag has been increased to $200 million, which is neraly 60 % more then the owning company has paid. Meanwhile, she also remains on charter market, while in summer 2019, the youngest self-made billionaire ever Kylie Jenner celebrated her 22nd birthday on-board Tranquility.

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