Equanimity (yacht)

History
 Cayman Islands
Name: Equanimity
Owner: Jho Low [1]
Builder: Oceanco
Yard number: Y709
Launched: 2013 [2]
In service: 2014 [3]
Identification:
Status: Docked at Port Klang as of 7th August 2018.
General characteristics
Class and type: Motor yacht
Tonnage: 2998 gross tons
Length: 91.50 m (300.2 ft)
Beam: 14.50 m (47.6 ft)
Draught: 4 m (13 ft)
Propulsion: Twin 4,828hp/3,600kW MTU 20V 4000 M73L diesel engines
Speed: 19.50 knots (36 km/h) (max)
Capacity: 26 guests
Crew: 28

The 91.50 m (300.2 ft) superyacht Equanimity was launched at the Oceanco yard in Alblasserdam. Oceanco is responsible for the exterior design, while Winch Design worked on the interior.

Design

The length of the yacht is 91.50 m (300.2 ft) and the beam is 14.50 m (47.6 ft). The draught of Equanimity is 4 m (13 ft). The steel hull is strengthened to Ice Class E, with the superstructure made out of aluminium with teak laid decks. The yacht is built to RINA classification society rules, issued by Cayman Islands.

Equanimity is built to comply with the Passenger Yacht Code (PYC).

Amenities

Jacuzzi (on deck), sauna, helicopter landing pad, swimming pool, beach club, beauty salon, zero-speed stabilizers, gym, spa, elevator, movie theatre, tender garage, swimming platform, air conditioning, steam room, turkish bath, beauty room, underwater lights, owner study.

Engines

Power is delivered by twin 4,828hp/3,600kW MTU 20V 4000 M73L diesel engines with 271,000 L (72,000 US gal) fuel tanks.

Seizure

In March 2018, it was reported that Indonesian authorities seized Equanimity in February. The US Department of Justice has been working on this case since 2016. They believe funds used for the acquisition of the yacht were transferred from the Malaysian sovereign wealth fund 1MDB between 2009 and 2015.[4][5]

In late April 2018, it was reported that Equanimity was released to its owner after an Indonesian court declared that the seizure of the yacht was invalid.[6][7] However, Indonesian police seized the yacht again three months later after a request for legal assistance from the United States.

In August 2018, Equanimity was brought back to Malaysia from Indonesia and seized under the Malaysian laws following the Mutual Legal Assistance Treaties between Indonesia, the United States and Malaysia.[8][9] The luxury superyacht is currently docked at the Boustead Cruise Centre terminal in Pulau Indah, Port Klang.[10] The Malaysian Finance Minister Lim Guan Eng released a statement that the Malaysian government might sell the Equanimity to recover the monies allegedly stolen from Malaysia's 1MDB state-owned fund.[11] The luxury vessel is linked to Jho Low, a central figure in the 1MDB scandal. In a statement through his legal team, Low accuses Prime Minister Tun Dr Mahathir Mohamad of violating the "rule of law" for seizing the yacht. [12][13] In a statement released by Lawyer Jeremy M Joseph of the 1MDB legal team, the Putrajaya is going to allocate six to nine months to determine the ownership of the luxury yacht, although it is possible that the process could be completed sooner. It costs the government RM3 million to maintain the yacht every month, therefore Putrajaya prefers to sell it off as soon as possible. [14][15]

See also

References

  1. ↑ "His Amazing US$ 250,000,000 Yacht Equanimity". SuperYachtFan. Retrieved 2018-06-19.
  2. ↑ "Oceanco launches 91.50 metre superyacht PA164". SuperYacht Times. Retrieved 2018-06-19.
  3. ↑ "Oceanco delivers 91.5 metre superyacht Equanimity". SuperYacht Times. Retrieved 2018-06-19.
  4. ↑ "Equanimity seized by Indonesian authorities". Boat International. Retrieved 2018-06-19.
  5. ↑ "M/Y 'Equanimity' seized in Bali". SuperYacht News. Retrieved 2018-06-19.
  6. ↑ "Court rules 'Equanimity' free to leave Indonesia". SuperYacht News. Retrieved 2018-06-19.
  7. ↑ "U.S. Blocked From Seizing $250 Million Yacht Linked to 1MDB Probe". Wall Street Journal. Retrieved 2018-06-19.
  8. ↑ "Equanimity docks at Port Klang - Nation | The Star Online". www.thestar.com.my. Retrieved 2018-08-07.
  9. ↑ "Equanimity was properly seized under the laws of Malaysia, says AG - Nation | The Star Online". www.thestar.com.my. Retrieved 2018-08-07.
  10. ↑ "'Superyacht' arrives in Malaysia amid media fanfare". Free Malaysia Today. 2018-08-07. Retrieved 2018-08-07.
  11. ↑ "Guan Eng: Equanimity must be sold to get something back for Malaysians". The Edge Markets. 2018-08-06. Retrieved 2018-08-07.
  12. ↑ "Mahathir violates 'rule of law' in yacht seizure, says Jho Low". www.thesundaily.my. Retrieved 2018-08-07.
  13. ↑ "Jho Low recalls 1988 judicial crisis to slam Dr M over yacht". Free Malaysia Today. 2018-08-05. Retrieved 2018-08-07.
  14. ↑ "9 months to determine who owns Equanimity". Free Malaysia Today. 2018-08-07. Retrieved 2018-08-08.
  15. ↑ "Equanimity most expensive yacht to be auctioned - Nation | The Star Online". www.thestar.com.my. Retrieved 2018-08-08.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.