Malaysian Admiralty Court requires $1 Million deposit to bid for superyacht ‘Equanimity’

Malaysian Admiralty Court requires $1 Million deposit to bid for superyacht ‘Equanimity’

Photo Courtesy of Burgess Yachts The bidding process for the impounded yacht Equanimity will begin on Monday 29th October in Malaysia and require a deposit of 1 million-dollars. Lawyers representing the government fund 1Malaysia Development Berhad (1MDB) met with Judicial

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Top 5 biggest superyachts at Fort Lauderdale International Boat Show

Top 5 biggest superyachts at Fort Lauderdale International Boat Show

Fort Lauderdale Boat Show 2018 in Florida, USA gets under way on 31st October and runs for 5 days showcasing an array of yachts and boats from across the globe. Held in the self-proclaimed “Yachting Capital of the World” the

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With heavy hearts we remember Dave Christensen

With heavy hearts we remember Dave Christensen

Dave Christensen, founder and former owner of Christensen Shipyards, died Monday evening at an assisted living facility in Vancouver, WA after a long battle with Alzheimer’s disease. He was 87. A successful home builder and real estate developer in the

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Largest marine facility in southern hemisphere to double in size

Largest marine facility in southern hemisphere to double in size

Australia’s Gold Coast Marina and Shipyard (GCCM) has announced that it will double in size with the development of an adjacent 20-hectare site. The Asia-Pacific marine sector is experiencing huge growth and the marina is responding to the region’s growing

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Harbour staff thank those who tackled fire that destroyed ‘Lalibela’

Harbour staff thank those who tackled fire that destroyed ‘Lalibela’

Photo courtesy of Port Camille Raylon Port Camille Raylon’s management has thanked everyone who quickly helped to intervene when a fire engulfed the 42-metre superyacht Lalibela moored in the port in the early hours of Saturday (13th October) morning. The

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UPDATE: 1MDB lawyer on legal issues with sale of Equanimity

UPDATE: 1MDB lawyer on legal issues with sale of Equanimity

It is not every day that superyachts are sold in execution, but that of the confiscated yacht  Equanimity set to be completed in Malaysia in November or December is expected to be completed smoothly through a sealed-bid auction. The only

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Mirage: The World’s first invisible superyacht

Mirage: The World’s first invisible superyacht

Mirage will be the world’s first superyacht that has been designed to “disappear” — ensuring owners have total privacy when sailing. The 160m superyacht is the innovative concept of Dutch agency Vangeest Design. The secret of Mirage’s invisibility is mirrors

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Separating morality from legality – and why yachting has the moral high ground

Separating morality from legality – and why yachting has the moral high ground

I don’t believe lawyers should write too much about morality. But following the disclosure of the ‘Paradise Papers’ in 2017, an onslaught of misguided moral righteousness resulted, villainising the wealthy for using perfectly legal means of investing their wealth in

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Malaysian court approves Burgess as ‘Equanimity’ superyacht selling agent

Malaysian court approves Burgess as ‘Equanimity’ superyacht selling agent

Brokerage Burgess Yachts has been approved by a Malaysian court as the selling agent for the seized superyacht Equanimity. The superyacht was seized by the Indonesian government in February under a request from the US authorities. Equanimity is at the

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Spencer Buley Group embraces future technology with new collaboration

Spencer Buley Group embraces future technology with new collaboration

SY BLACK PEARL Spencer Buley Group (SGB) has combined its vision of eco-friendly yachting with those of consultant Derek Munro. Munro previously project managed the design and build of the world’s largest sailing yacht – SY Black Pearl. “Derek is

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