The second Heesen largest superyacht, 65-metre Galactica Star, was announced sold on July 25, with Fraser representing the seller and Burgess representing the buyer. The vessel was listed for sale earlier this year asking $ 42,000,000, as a result of a notorious corruption case in Nigeria.
Custom-built by Dutch yard Heesen in 2013, the vessel seconds only to the builder’s 70-metre Galactica Super Nova in terms of LOA. She features exterior styling by Omega Architects, engineering by Van Oossanen & Associates, finished by interiors from the boards of Bannenberg & Rowell.
In April 2019, the vessel was offered for sale in a sealed bid arrangement, proposed by the U.S. Department of Justice and the Federal Republic of Nigeria and approved by U.S. federal court. The sale process roots back to corruption case against two Nigerian nationals.
Allegedly, the superyacht was originally owned by Nigerian oil magnate Kolawole Aluko, who is one of four defendants accused of cheating Nigeria out of almost $1.8 billion in siphoned crude oil sales, reports The Marine News. The U.S. government also accused Aluko and another oil executive, Olajide Omokore, of laundering money in the United States and using it to acquire the yacht, among other assets.
The sale followed a court-ordered seizure of the yacht's owner's assets due to possible connections to an ongoing Nigerian oil corruption scandal, triggered by the Panama Papers investigation. The latter refers to 11.5 million leaked encrypted confidential documents that were the property of Panama-based law firm Mossack Fonseca, exposing the network of more than 214,000 tax havens.
Thus, the US and Nigerian governments received Federal Court approval to sell the arrested superyacht due to high maintenance and dockage fees, estimating the combined cost at around $170,000 per month. Managed by Fraser, the vessel was listed at $42,000,000.
Galactica Star accommodates up to 12 guests overnight in 6 cabins, comprising a master suite, 1 VIP stateroom, and 4 double cabins. She is also capable of carrying up to 13 crew onboard to ensure a relaxed luxury yacht experience.
The most alluring feature about the vessel is what goes on below the waterline. Van Ossaanen Naval Architects successfully created a yacht that cruises 30% more efficiently than a conventional round-bilged motor yacht in this size range.
Powered by 2 MTU 5,592 HP diesel engines and propelled by twin screw propellers, Galactica Star is capable of a top speed of 27 knots, and comfortably cruises at 24 knots. With her 90,000 fuel tanks she has a maximum range of 4,200 nautical miles at 14 knots. Her water tanks store around 30,000 litres of fresh water.
The yacht used to be popular for charter among celebrities, for instance, once rented by American music industry power couple, Jay Z and Beyonce for a holiday cruise, according to WithinNigeria.
In the meantime, acting as the seller's representative Fraser, one of the world’s leading brokerage companies, has been recently announced acquired from the Italian AzimutBenetti Group by US broker MarineMax.
Dutch shipyard Royal Huisman partnered with ThirtyC design studio and Dykstra Naval Architects have introduced a 'double' superyacht concept during the Monaco Yacht Show 2019. The design concept complements the earlier revealed 88-metre sailing superyacht Lotus with a 70-metre companion vessel Lotus’ Shadow.A 'next-generation' twin project from the British design studio ThirtyC, ‘Lotus’ bridges the gap between the experience of sailing and the adventure of the motor yacht lifestyle. Designed with the combination of dual-mast DynaRig sailing yacht and rugged Support Vessel, Lotus aims at unbridled freedom for both the journey and the destination.The lightweight, high-tech 88-metre sailing yacht represents the primary vessel in this 'private armada', offering owners speed, precision sailing and the ability to cruise the world in comfort or compete in global superyacht regattas. This versatility is due to the world’s first twin-mast DynaRig structure, meaning Lotus has the potential to become one of the most technologically advanced and fastest sailing yacht of her kind on the water.Drawn with signature ThirtyC style, Lotus has been born out of collaboration with Royal Huisman and DynaRig specialists Dykstra Naval Architects. The project opts for complete customisation, open spaces, reduced complexity in terms of both rigging and crew as well as an engineering package that fits both luxury and agility on the water.Able to accommodate up to 16 guests across eight cabins and a master suite, Lotus features a 2,200 square-metre sail area and a top speed of 20 knots.As to the 70-metre support vessel Lotus’ Shadow, she is designed to prepare for the sailing yacht’s arrival at any given destination. She will be packed to the brim with toys, tenders, cars, helicopters and other items that enhance the experience of travelling the globe.The vessel is highlighted by a 1.312-square-foot space for housing tenders, toys, helicopters, cars and even a submarine upon request. Moreover, she would offer room for the crew of 18 and 8 guests across 4 cabins.The motor yacht side of the duo, the aggressively styled, futuristic and clean design of the support vessel works with the aesthetic of the sailing yacht to act as a complete package. On the water, the functionality of the support vessel also complements the lifestyle of the sailing yacht, bringing with it entourages, pilots, doctors, and any guides or team members to help make the journey more than unique.
October 18, 2019
Italian superyacht builder Ferretti SpA has announced its withdrawal from public listing of 30% of the company’s shares on the Milan stock exchange. The decision has been altered from the earlier course on returning to the listing.The group already considered a return to the stock market back in 2008 but then the process was hindered by global financial crisis. The current change of plans is stipulated by no sufficient valuation under current market conditions, despite a number of positive applications, the company says.The first auction with the participation of Ferretti on the Milan Stock Exchange was to take place on October 21. The company planned to put up a 30% stake. However, by the end of the IPO period, which lasted first from October 1 to 10, and then prolonged until October 15.Alberto Galassi, CEO of Ferretti SpAFerretti saw lowering of its indicative price range for shares from the initial target of €2.50 to €3.70 per share to only between €2.00 and €2.50. That said, it would have meant a market valuation of € 581 million instead of aimed €1.08 billion.Ferretti was acquired by Chinese industrial conglomerate Weichai Group in 2012. Under the Chinese management, the company succeeded to return from the crisis stage back to profit in 2017, paying off the debts through the activity of Riva and Pershing brands.Currently, Weichai Group controls 75% of the company’s stake, with 13% bought by an heir of Enzo Ferrari, the founder of the iconic Italian supercar maker, in 2016.However, in the new prospective, Alberto Galassi, CEO of the company, said in 2020 a share of about 30% might be sold to some new investor from Europe, reported Reuters.For the moment, The Ferretti Group comprises eight brands: Ferretti Yachts, Riva, Pershing, CRN, Custom Line, Itama, Mochi Craft and Wally, the latest acquisition closed in April 2019. The brands portfolio is set to produce 43 models altogether. Meanwhile, the company revealed at the Cannes Yachting Festival 2019, it had received an equity injection of €250 million from Weichai Group and Piero Ferrari through F Investments.
October 18, 2019
If you have always dreamed of chartering genuine James-Bond-style vessel, there is a perfect value for money on charter market. The 33-metre Sunseeker Predator yacht Casino Royale that appeared in Casino Royale (2006) James Bond movie, is available for charter with Camper & Nicholsons for €65,000 (approx. $72,000) per week.The performance motor yacht from well-known Sunseeker Predator series was delivered in 2004. Casino Royale sports a navy blue hull with sweeping windows. Delivered in 2004 and refitted in 2016, Casino Royale actually featured in the 2006 James Bond movie, filmed in the Bahamas and appearing on multiple occasions.A shot from Casino Royale (2006)Casino Royale's minimal superstructure and narrow hull ensure her graceful and agile sliding on the water. With triple 16 cylinder MTU V16 2000 engines with Arneson drives, she boasts a maximum speed of 45 knots and comfortable cruising speed of 30-33 knots.The yacht’s open plan salon boasts features of larger yachts, thanks to her 2.7-metre headroom, non-typical for a yacht of her size. Immaculate and pristine, the main salon is furnished with warm woods and neutral undertones complimented with a retractable sun roof above the dining area.Aft of the main deck is a sumptuous lounging space with al fresco dining area, bar and very large sunpad. A Jacuzzi is laid forward, with a very generous space for sunbathing and lounging.On the lower deck, the yacht offers accommodation to up to eight guests across four cabins (owner’s cabin, one VIP and two twins), where each stateroom has its own en suite marble bathroom and television. Her master suite comprises a master study, a bathroom with a full-size bathtub and shower, and a walk-in wardrobe.Casino Royale's entertainment and leisure facilities comprise satellite TV system and a plethora of water toys such as a Sea Doo, stand-up paddleboards, water skis, snorkelling equipment and more.The vessel underwent extensive refit works in 2016, that cost EUR 1.5 million in total. Casino Royale is currently docked in Western Mediterranean.For other vessels spotted in movies, check our list of 10 most stunning superyachts ever featured in movies.
October 17, 2019
With superyacht charter activity smoothly transitioning from the summer period to winter 2019/2020, charter clients are going to benefit from broader vessels’ choice compared to the previous winter, thanks to the yachts launched and delivered in 2019. Yacht Harbour recalls brand new charter gigayachts not to overlook this winter.#1. MadsummerBuilder: Lürssen (2019)LOA: 95mCharter in winter: from $1,400,000 p/wThe 95-metre superyacht Madsummer is set to make her international debut at FLIBS 2019 after a recent delivery to her owner, a repeat client with Lürssen. First known as Project Fiji it took nearly 2.5 years to build her under supervision of the owner’s captain and brokerage company Moran Yacht & Ship.With a 14-metre beam, the exterior profile of Madsummer comes from a British designer Harrison Eidsgaard maintaining sleek and elegant lines within impressive volumes. The interior design aimed at up to 20 guests across 10 suites comes from drawing boards by Laura Sessa.The vessel's main trademarks are the 12-metre swimming pool and Jacuzzi laid on the aft deck, protected with glass bulwarks. Spacious beach club and spa zone with a sea terrace on the lower deck also belong on the list of Madsummer’s special features. The bow is equipped with a helipad, while the sun deck aft features hidden crane in the bulwark, able to handle an aeroboat.The superyacht is available for charter in Caribbean/Bahamas in winter.#2. TISBuilder: Lürssen (2019)LOA: 111mCharter in winter: not confirmedJust a month after her delivery, the 111.5-metre Lürssen superyacht TIS entered charter market in July 2019 asking € 2,200,000 per week via Moran. At the moment, however, she is not officially listed anymore.TIS was commissioned for a long-time charter client of Moran Yacht & Ship. The vessel boasts exterior and interior styling by UK-based design studio Winch Design and features 2 helicopter pads, a 12-metre swimming pool on the main deck aft, a resort inspired spa at beach club level, and opulent palatial staircases. TIS comes with the tender storage able to house two 13-metre tenders, two additional 10-metre tenders, a submarine and diverse watersports toys.With her impressive interior volume within a beam of 18.4 metres, TIS will accommodate up to 16 guests across a massive private owner’s deck and eight guests staterooms, served by the crew of 38. The featured top speed of the vessel makes 18 knots. #3. Flying FoxBuilder: Lürssen (2019)LOA: 136mCharter in winter: upon requestThe impressive 130-metre Lürssen superyacht Flying Fox was delivered to her owner in March 2019, later sensationally listed for charter with Imperial. The superyacht boasts the most elegant and graceful exterior design by Espen Oeino, maintaining striking looks despite her massive volume of 9,100 GT.This superyacht’s key features include two helipads, capable of hosting the largest helicopters and a generous swimming pool located aft of the main deck. Flying Fox also boasts vast sea terraces, swim platforms for watersports. She can accommodate up to 22 guests across 11 staterooms, along with a crew of 54. Flying Fox is available for charter in Indian Ocean in winter.#4. ExcellenceBuilder: Abeking & Rasmussen (2019)LOA: 80mCharter in winter: from $ 1,100,000 p/wThe sixth largest vessel of Abeking & Rasmussen, Excellence features both exteriors and interiors developed by Winch Design. Her framework relies on the same technical platform as the 81-metre Grace, featured with a 12.6-metre beam and a maximum draught of 3.5 metres.Key exterior trademark of Excellence is her striking and angular reverse bow, offering a silhouette comparable to a spaceship. Her exterior lines draw the eye to the bridge and owner’s decks surrounded by curved floor-to-ceiling mirrored glass, blurring the distinction between the upper deck and the panoramic skylounge.With accommodation capacity for 14 guests, Excellence offers a swimming pool and platform, as well as Jacuzzi and sprawling beach club and impressive limousine tenders.Excellence is available for charter in the Caribbean during winter season.#5. Syzygy 818Builder: Feadship (2019)LOA: 77.25mCharter in winter: not confirmedThe recently launched 77-metre Feadship Syzygy 818 made her international debut at the Monaco Yacht Show 2019, after successful sea trials in the North Sea and delivery. She is managed by KK Superyachts and is offered for charter. Little information has yet been revealed on the vessel. It is known, that her naval architecture is by Feadship De Voogt, exterior design is by Jamsen and interior design is by Sinot Exclusive Yacht Design.With a beam of 11 metres, Syzygy 818 features a steel hull and aluminium superstructure. The word "syzygy" meanwhile is used in astrology to reference a rare event in which three or more celestial bodies line up, such as a new moon or lunar eclipse.
October 17, 2019
Italian builder Wider Yachts has introduced its new projects during the Monaco Yacht Show 2019. The presentation came two months after the brand’s shared acquisition by Zepter Group and two more companies: the Monegasque group Nautical Hybrid Tech and Hopafi Holding Srl.Most importantly, celebrating the beginning of a new era for Wider brand, the company has announced their current flagship, a 54-metre Project Wider 180 has already been under construction, with the first cut of the hull planned for the beginning of 2020 and a delivery foreseen in February 2022.“Clean and essential lines” of the vessel have been designed by Andrea Vallicelli and C Yacht Design, creating considerably huge volumes for a yacht of her size. For instance, the beach area covers 160 square metres, offering space for sunbathing and relaxation, fitted with a seawater swimming pool, a spa and a gym. Moreover, thanks to its Floating Launching System, the area can recover a 10-metre tender making entry and exit maneuvers considerably easier for the crew when launching.Wider 180 also represents a step towards a 100% electric technology. The vessel is equipped with one main generator and an emergency one leading to a weight reduction and thus lower fuel consumption.Marcello Maggi, Wider President, claimed:I am enthusiast of this project, either for the beautiful clean modern lines either for its green soul, which is something we strongly believe in. We opened the way of the electric propulsion applied on leisure superyachts and this is the right path to cover, without looking behind.Another project revealed by the company is a 41-metre all-aluminium Wider 135. Centro Stile, Wider's exterior styling department, has focused on the model’s close connection to the sea. Wider 135’ distinctive feature is her aft that can be completely unfolded creating a 90-square-metre multi-use platform with an infinity pool in the centre, all at the water level.What is more, Wider is also currently working on other custom projects of up to 200 feet in length and on renewed versions of Wider 32 and Wider 42, to be unveiled later. The builder is going to focus rather on quality than quantity, planning to build no more than two yachts at a time.The yard has confirmed the construction of the first Wider 180 to begin in June 2020 on speculation. Meanwhile, Philip Zepter, one of the yard’s new shareholders has also announced, Wider is to be listed in the stock exchange within three years.
October 16, 2019