Natita, the 66-meter yacht purchased by American oil mogul, William Kallop in 2010 has now been seized by American bank, Goldman Sachs following the owner's inability to service the loan against the yacht according to the Wall Street Journal.
Delivered in 2005 as Dilbar by Oceanco in the Netherlands, the 66-meter yacht became the first superyacht owned by Russian billionaire, Alisher Usmanov. Renamed to Ona in 2008 following the delivery of Usmanov's new 110-meter Lurssen, the yacht was put on the market and sold in 2010 at an asking price of €59,9 million to William Kallop.
A year prior to buying the yacht, Kallop had sold his oil business to a consortium of Korean and Columbian investors for nearly $1 billion, investing into Quicksilver Ressources shortly following the sale.
Named after his moter-in-law, Natita wasn't the first yacht purchased by Kallop who also owns the 57-meter Bad Girl, built by Brooke Marine in 1992, and a 93ft yacht, once used by John F. Kennedy, which he bought at auction in 1998 and restored.
In 2014, Kallop borrowed $32 million from Goldman Sachs against Bad Girl and Natita according to court fillings. The bank then claims the owner then stopped servicing the loan in November 2016 with nearly $28 million still left. Three crew members, captain included, recently obtained $90,000 in back pay from the owner from a Florida court.
Goldman eventually filled a suit with the Miami federal court to have the boat seized, which the US Marshals did at a West Palm Beach marina where the boat still remains. The bank's first act as acting owners was to purchase $67,000 of fuel for the yacht to keep the generator running, fillings show.
Natita was put on the market back in 2016 asking $57,5 million before having its price lowered to $52 million in September of that same year. The yacht then underwent several price reductions, leading up to its current price of $39,9 million.
The Baltic 111 Raven, equipped with revolutionary hydrofoils, has triumphed in early sea trials, showcasing exceptional reliability and attaining sustained speeds in the high 20s. Over ten consecutive days of rigorous testing off Baltic Yachts' headquarters in Jakobstad, Finland, the super-lightweight sloop exhibited its prowess, setting the stage for its imminent handover to the owner in October.This superyacht is the first in its class to integrate hydrofoils mounted on adjustable side arms, supporting a substantial portion of its displacement. The sea trials marked the culmination of a meticulous two-year build and testing phase, characterized by Baltic Yachts' commitment to weight reduction, critical for the project's success.The yacht’s overall concept, including the interior and exterior styling is by Finn Jarkko Jämsén. Naval architecture is by Botin Partners and structural engineering by PURE Design in New Zealand, both of whom are at the leading edge of the latest America’s Cup foiling technology. Leading the Raven project is the highly experienced Garth Brewer of A2B Marine Projects. Raven's performance, meeting initial expectations, has been a result of a collaborative effort involving the foil team, rig suppliers, sailmakers, structural engineers, and the Baltic Yachts build team. Henry Hawkins, Baltic Yachts' Executive Vice President, expressed delight in the promising and successful trials but emphasized that this marks just the beginning of the journey.Sailing under a full main and a triple-headed sailplan, Raven showcased its foiling capability, utilizing the leeward foil to support a significant part of its displacement. The yacht, designed to sail on its chine, maintains its transom immersed, equipped with trim tabs for altering fore and aft trim.Captured in photographs sailing in moderate wind and sea conditions at impressive speeds, Raven is now poised for transfer to a location offering optimal conditions for further testing.Baltic Yachts was founded in 1973 with a clear objective to build better yachts that are lighter, stiffer, and faster. With more than 550 yachts launched, that objective has been continuously met.Credits: Dan-Erik Olsen/Baltic Yachts
October 4, 2023
Embarking on another autumn of premier boat shows, the global yachting market witnesses the ascendancy of the 3rd Olympic Yacht Show, establishing Greece as an internationally acclaimed hub for premium in-water exhibitions. This event, organized for the third consecutive year by Ondeck Events, is slated to unfold from October 19th to 22nd at the state-of-the-art Olympic Marine facilities in Lavrio. Surpassing previous editions in participation, the Olympic Yacht Show is solidifying its position in the international yacht event calendar.Gerasimos Gerolimatos, head of the Organizing Committee, emphasizes the significance of providing Greek boats with a dedicated showcase in their homeland, attracting foreign buyers and enhancing the exhibition's global allure.Anticipated to be grander and more diverse, this year's show will feature an expanded array of boat categories, European and world premieres, and a spectrum of activities and events hosted by participants to engage and captivate visitors.Greek shipyards with global visibility, including Technohull, Rafnar Hellas, Ribco, Seafighter, Olympic Ribs, Onda Tenders, and more, will headline the exhibition. Presenting both their latest models and best-selling creations, these shipyards underscore the show's focus on the medium and large-class segments, emphasizing premium-class models available for sale.The land section of the exhibition has undergone enhancements, welcoming leading global companies renowned for their expertise in equipment, technology, and comprehensive boat support services.Credits: Olympic Yacht Show
October 4, 2023
The Enata Group unveiled the Vatoz, a dynamic new 10-meter foiling yacht based on Enata’s original chassis. It is the result of a visionary collaboration with the award-winning and world-renowned yacht designer, Timur Bozca.“The beautiful new design is based on Enata’s current 10-meter Foiler sharing all of its advantages and technology,” said Alois Vieujot, Director of Enata. “This is the perfect example of the kind of collaborations we make on our proven foiling platform, granting new players access to all our technology.”Vatoz epitomizes sleek design, seamlessly marrying form and function to align with the aesthetics of contemporary yachts. Its organic and muscular exterior, meticulously crafted, accentuates a commanding presence while expertly managing airflow around the cabin.Designer Timur Bozca elucidated, "Every design element of the project serves a purpose. The core concept behind Vatoz is to optimize dynamics inspired by the stingray. Beneath its clean surfaces and curved lines lies an aerodynamic masterpiece. Distinctive lines guide your gaze across the front, extending to the prominent wings."The side wings, aside from providing easy access to the front area, act as a barrier against waves, doubling as storage for sea toys. Tinted windows transform the yacht into a sculptural masterpiece, and with its carbon fiber hull, Vatoz stands out as a technological marvel from every perspective.Employing Enata's efficient Foiler technology, the vessel can soar 1.5 meters above the water, coupled with the proprietary Wingman management system, aiming for a maximum speed of 40 knots in foiling mode.“The Foiler has minimal environmental impact in terms of fuel consumption, wake, and noise,” noted Vieujot. "Vatoz, meaning Stingray, draws inspiration from this elegant creature, serving as a tribute to endangered marine life."The interior seamlessly extends the exterior's design ethos. Bathed in natural light, the stylish cabin offers an unparalleled owner experience. Elegant windows and a skylight amplify the sense of space, combining sporty aesthetics with modern luxury.Crafted with precision from lightweight carbon fiber, Vatoz embodies the forefront of sustainable yachting. Its distinctive wing-like structures not only enhance agility but ingeniously provide access to the bow and extra storage, reinforcing its forward-thinking stance in the yachting landscape.“Foiling brings another dimension to the yachting experience,” said Timur Bozca. “The Foiler’s experience and comfort is the dream the yacht industry is trying to achieve. It is the perfect extension of elegance, tranquility, and a vision of the future, which is represented in our designs.”The Enata Group is the international manufacturing group headquartered in United Arab Emirates, and the builder of the flying 9.8-meter carbon Foiler. The group’s primary businesses include three main areas of R&D and manufacturing: marine, aerospace and architecture. Credits: Enata Group
October 4, 2023
The 48.79m Chasseur is now for sale by Northrop and Johnson Yacht Broker Wes Sanford. The 48.79m superyacht, built by Christensen in 2017. With opulent interior styling from a 2020 refit and a recent 2022 winter refit by renowned designer Patrick Knowles, Chasseur offers a host of top-tier amenities.Her interior, described as "Zen-like," presents meticulous attention to detail. The sophisticated main salon, bathed in natural light through expansive windows, provides abundant space for socializing and entertainment, featuring a large flat-screen TV. The adjoining formal dining salon, with a custom Patrick Knowles Designs table, comfortably seats 12 guests and includes an additional TV and a convenient day head.Chasseur can accommodate up to 13 guests across six beautifully appointed staterooms. Each room, accessible by elevator, offers en-suite baths, individual climate controls, and blackout drapes. The full-beam master suite on the main deck features a king-size berth, vanity, flat-screen TV, and an immaculate green onyx his-and-hers bath. The VIP stateroom boasts a walk-around king-size bed, vanity, large flat-screen TV, and a stunning green onyx bath. Other staterooms include two king guest staterooms and two guest cabins with full-size and single beds, along with a queen bed with a Pullman.Equipped with Quantum Zero-Speed stabilizers and having undergone a comprehensive five-year ABS survey, Chasseur holds distinctive US registration with full Commercial Compliance, allowing global charter operations without cruising permits or pilot requirements. Caterpillar power and three robust Kohler generators can be found in her engine room.Chasseur's skylounge offers plush seating, casual dining, a marble bar, and a 75' framed TV with surround sound. The exterior decks, adorned with beautiful teak wood, feature various amenities, including social seating for 12 guests on the aft deck, alfresco dining for 12 on the skylounge deck, and a sundeck divided into three distinct spaces. The sundeck hosts a private 10-person hot tub, a large flat-screen TV, a full-service bar, and ample seating, ensuring a delightful experience for guests. Chasseur's tender and toy inventory, renewed in 2022, promises endless on-water adventures.The motor yacht asking price USD32,750,000.Credits: Northrop and Johnson
October 3, 2023
At the 32nd edition of the Monaco Yacht Show, held from September 27th to the 30th, The Italian Sea Group showcased worldwide premieres, unveiled innovative projects, and announced strategic partnerships.At Quai Rainier Ier, TISG's stand became a focal point, attracting owners, global brokers, industry press, and investors. Exclusive previews included:Perini Navi Art Explorer: A 47m sailing catamaran, among the world's largest, had the honor of hosting Prince Albert II of Monaco and Princess Carolina of Monaco.Tecnomar This Is It: A 43m motor catamaran that stood out for its futuristic design.Admiral Silver Star: A 55m motor yacht distinguished by its Giorgio Armani interior.Admiral Kenshō: An award-winning 75m yacht.Tecnomar for Lamborghini 63 project: Showcasing two iconic models.At the press conference on September 26th at the Yacht Club de Monaco, TISG not only presented these vessels but also unveiled three new projects. Additionally, a noteworthy collaboration with Studio Fuksas and Luca Dini was announced for the design of the 80m Admiral yacht, Sea Flower. This project promises groundbreaking innovations, setting new standards in architecture and yachting.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: MYS; The Italian Sea Group
October 3, 2023