Picture of the day: MY Ice

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Built in 2005 by the famous German shipyard Lurssen and design by Tim heywood, MY "ICE" ( with her helicopter) was spotted at anchor near Antibes.

Her Russian owner, Suleiman Kerimov, is an avid explorer and the yacht was in the Fiji, Tahiti and other Southern Pacific region.

This 295ft yacht is powered by a couple of ABB diesel electric motors.

Cannes Film Festival: a superyacht festival ?

Click to enlarge - copyright 2009 Remi van der Deure

There are many floating palace in the Cannes area at the moment...

We have seen the well known MY Enigma, MY Fortunate Star, some "supestar" like MY Alpha Nero, the brand new 2009 Benetti Meamina...and a giant superyacht: the 138m MY Rising Sun that belongs to Mr Ellison and was recognized as the second largest private yacht in the world in 2005.

Here is a picture of the beast sent by an avid photographer: MY Rising Sun was at anchor in the Baie de Cannes near MY Alpha Nero and the Codecasa Mariu: enjoy !!!

Superyacht picture of the day: Lürssen Dilbar

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Designed by Tim Heywood for a Russian owner, the 110m superyacht Dilbar (project Opal) built by Lürssen in 2008 is currently at anchor near the Cap d'Antibes.

This is one of the first green yacht which combines diesel mechanic and diesel electric propulsion system with exhaust gas particle filters for all the generating sets and for the main engine exhaust at lower power.

However, the performance of the yacht is also interesting with a top speed near 20 knots !

At the same time, an article published on Timesonline reported that "More than 100 Russian oligarchs are seeking bailouts from the Kremlin after taking on too much debt during the country’s commodities boom of the past five years"...

>> Times

Superyacht refit: Octopus refit completed

The 126m superyacht Octopus, built by Lürssen shipyard in 2003 and design by Espen Oeino, has just completed a major 30 million euros refit by ITM shipyard in France.

The refit comprises an important paintwork, a complete mechanical service as well as an electronic upgrade.

The yacht belongs to Microsoft co-founder Paul G. Allen who also owns the 92m Tatoosh.

Superyacht picture of the day: Lurssen "Vive la vie"

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Spotted in the Vieux Port in Cannes, this massive and brand new 60m superyacht was built by Lurssen and was designed by famous architect Espen Oeino.

Project name: Bounty Hunter

Superyacht brokerage: Yacht deal failure results in order to pay $525,000

Here is an interesting story published by The Vancouver Sun:
Yacht deal failure results in order to pay $525,000, seller of vessel was not given opportunity to complete 10-day sea trial

Tuesday, November 04, 2008

"David Ritchie, one of the founders of Vancouver-based Ritchie Brothers Auctioneers, has been ordered to pay $525,000 for breach of an agreement involving a $100-million yacht he bought two years ago.

The problem arose because the seller of the yacht -- who planned to build three such vessels and sell two -- wanted to take the brand-new vessel on a Mediterranean cruise to check it out before having the others built.

But after the delivery of the yacht, called the Apoise, in late April 2006, Ritchie refused to allow the seller to exercise his cruise rights.

As a result, the seller, Warren E. Halle, began legal action in B.C. Supreme Court for damages for breach of agreement.

Ritchie, who paid 65 million Euros -- about $96 million Cdn -- for the yacht, filed a counterclaim to Halle's action, alleging deficiencies in the yacht's quality.
He was disappointed on delivery of the 67-metre vessel that the loose furniture provided with the Apoise was not of superior quality and did not meet the specifications.

He also alleged there were deficiencies in the wheelhouse doors and the helicopter pad, which had to be fixed at additional expense.

In a judgment released Monday, Justice Bruce Butler dismissed the counterclaim while awarding Halle $525,000 for Ritchie's breach of obligation to provide cruise rights.
Halle, who initially wanted a "superyacht," developed a plan to have three yachts built over five years in Germany by Lürssen, one of the most prestigious builders of superyachts.
He planned to sell the first two and use the profit to reduce his cost of acquiring the third.

Ritchie bought the first yacht, with the agreement that Halle wanted a 10-day sea trial -- the judgment calls it a test drive -- in the Mediterranean during the summer of 2006 so he could determine whether he needed to make refinements to the plans for the next two vessels.

Ritchie was among three brothers who founded Ritchie Bros. Auctioneers in Kelowna 50 years ago.
The company, which went public in 1998, now is the world's largest auctioneer of industrial equipment, with more than 100 offices around the world.

Last year, the company auctioned more than $3 billion US worth of goods, including $600 million over the Internet."
© The Vancouver Sun 2008

The 67m superyacht Apoise built by Lurssen shipyard in 2006 was for sale with Moran Yachts for euros 65,000,000

Superyacht picture of the day: Lurssen Skat near Antibes

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Spotted near Antibes with her helicopter, Skat was built by Lürssen Werft, Bremen, Germany, in 2001.

Length: 70.70m / 233′
Width: 13.5m / 44.3′
Draft: 3.7m / 12.1′
Designer: Espen Oeino
Cruising Speed: 15 knots
Max speed: 17 knots
Hull: Steel hull and aluminum superstructure
Engines: 2 × 2000 kW / 2682 hp MTU gas turbine

The owner is Charles Simonyi, a former Software Engineer from Microsoft and the fifth space tourist.