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OPINION: The Secret Life of Superyacht Valuations

OPINION: The Secret Life of Superyacht Valuations

‘A cynic is a man who knows the price of everything, and the value of nothing.’ That quip by Lord Darlington, a character in Oscar Wilde’s play Lady Windermere’s Fan is probably as true today as it was when the

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The secret life of superyacht valuations

The secret life of superyacht valuations

Banks and financers are almost invariably needed to help the super-rich buy superyachts. No matter how deep your pockets are, you are unlikely to purchase a yacht without assistance. Being a billionaire does not necessarily equate to having, say, $30

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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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The life and times of ‘Equanimity’

The life and times of ‘Equanimity’

Each superyacht’s story should be full of romance and adventure on the High Seas but for Equanimity her journey so far feels something more akin to a Greek tragedy. Built in 2014 by OceanCo, the 91 metre, 2,998 GT, Equanimity can take up to

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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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