Engineering:Equanimity (yacht)
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| History | |
|---|---|
 Cayman Islands
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| Name: | Equanimity |
| Owner: | 1MDB Energy Holdings Limited and 1MDB Global Investment Limited [1] |
| Builder: | Oceanco |
| Yard number: | Y709 |
| Launched: | 2013 [2] |
| In service: | 2014 [3] |
| Identification: |
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| 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 and judgement
In March 2018, it was reported that Indonesian authorities seized Equanimity in February. The US Department of Justice has been working on this case in relation to the 1MDB scandal since 2016 and has named Jho Low, the alleged owner of Equanimity, as a key figure in the US lawsuit. 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 activation of the Mutual Legal Assistance Treaties between Indonesia, the United States and Malaysia.[8][9] However, in a statement through his legal team, Low accused Prime Minister Dr Mahathir Mohamad of violating the "rule of law" for seizing the yacht.[10][11]
On 19 October 2018, the High Court in Kuala Lumpur declared that the Equanimity belongs to two 1MDB subsidiaries, namely, 1MDB Energy Holdings Limited and 1MDB Global Investment Limited, after its registered owner Equanimity (Cayman) Ltd failed to appear in court to claim the superyacht.[12][13]
The luxury superyacht is currently docked at the Boustead Cruise Centre terminal in Pulau Indah, Port Klang,[14] and it costs the government RM3 million to maintain the yacht every month.[15][16] The Malaysian Finance Minister Lim Guan Eng said that the government might sell the Equanimity to recover the monies allegedly stolen from Malaysia's 1MDB state-owned fund.[17]
See also
References
- ↑ "After High Court ruling, Malaysia now free to sell superyacht Equanimity". https://www.thestar.com.my/news/nation/2018/10/19/high-court-rules-superyacht-equanimity-rightfully-belongs-to-1mdb-subsidiaries/.
- ↑ "Oceanco launches 91.50 metre superyacht PA164". SuperYacht Times. https://www.superyachttimes.com/yacht-news/oceanco-launches-91-50-metre-superyacht-pa164. Retrieved 2018-06-19.
- ↑ "Oceanco delivers 91.5 metre superyacht Equanimity". SuperYacht Times. https://www.superyachttimes.com/yacht-news/oceanco-delivers-91-5-metre-superyacht-equanimity. Retrieved 2018-06-19.
- ↑ "Equanimity seized by Indonesian authorities". Boat International. https://www.boatinternational.com/yachts/news/equanimity-seized-by-indonesian-authorities--33983. Retrieved 2018-06-19.
- ↑ "M/Y 'Equanimity' seized in Bali". SuperYacht News. http://www.superyachtnews.com/owner/my-equanimity-seized-in-bali. Retrieved 2018-06-19.
- ↑ "Court rules ‘Equanimity’ free to leave Indonesia". SuperYacht News. http://www.superyachtnews.com/business/court-rules-my-equanimity-free-to-leave-indonesia. Retrieved 2018-06-19.
- ↑ "U.S. Blocked From Seizing $250 Million Yacht Linked to 1MDB Probe". Wall Street Journal. https://www.wsj.com/articles/indonesian-court-blocks-u-s-seizure-of-250-million-yacht-in-1mdb-probe-1523988945. Retrieved 2018-06-19.
- ↑ "Equanimity docks at Port Klang - Nation | The Star Online". https://www.thestar.com.my/news/nation/2018/08/07/equanimity-expected-at-noon-port-klang/.
- ↑ "Equanimity was properly seized under the laws of Malaysia, says AG - Nation | The Star Online". https://www.thestar.com.my/news/nation/2018/08/07/equanimity-was-properly-seized-under-the-laws-of-malaysia/.
- ↑ "Mahathir violates ‘rule of law’ in yacht seizure, says Jho Low" (in en). http://www.thesundaily.my/news/2018/08/05/mahathir-violates-%E2%80%98rule-law%E2%80%99-yacht-seizure-says-jho-low.
- ↑ "Jho Low recalls 1988 judicial crisis to slam Dr M over yacht" (in en-US). Free Malaysia Today. 2018-08-05. http://www.freemalaysiatoday.com/category/nation/2018/08/05/jho-low-recalls-1988-judicial-crisis-to-slam-dr-m-over-yacht/.
- ↑ "After High Court ruling, Malaysia now free to sell superyacht Equanimity (updated) - Nation | The Star Online". https://www.thestar.com.my/news/nation/2018/10/19/high-court-rules-superyacht-equanimity-rightfully-belongs-to-1mdb-subsidiaries/.
- ↑ "Equanimity belongs to 1MDB, High Court rules | Malay Mail" (in en). https://www.malaymail.com/s/1684668/equanimity-belongs-to-1mdb-high-court-rules.
- ↑ "'Superyacht' arrives in Malaysia amid media fanfare" (in en-US). Free Malaysia Today. 2018-08-07. http://www.freemalaysiatoday.com/category/nation/2018/08/07/superyacht-arrives-in-malaysia-amid-media-fanfare/?utm_source=FMT+Media+Sdn.+Bhd.&utm_campaign=e4482da054-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_dfafd0994c-e4482da054-214397853.
- ↑ "9 months to determine who owns Equanimity" (in en-US). Free Malaysia Today. 2018-08-07. http://www.freemalaysiatoday.com/category/nation/2018/08/07/9-months-to-determine-who-owns-equanimity/?utm_source=FMT+Media+Sdn.+Bhd.&utm_campaign=e5d0aad849-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_dfafd0994c-e5d0aad849-214397853.
- ↑ "Equanimity most expensive yacht to be auctioned - Nation | The Star Online". https://www.thestar.com.my/news/nation/2018/08/08/equanimity-most-expensive-yacht-to-be-auctioned/.
- ↑ "Guan Eng: Equanimity must be sold to get something back for Malaysians". The Edge Markets. 2018-08-06. http://www.theedgemarkets.com/article/guan-eng-equanimity-must-be-sold-get-something-back-malaysians.
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