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Posts Tagged ‘yacht’

A 43m vessel ran aground and had to be towed back in Palma de Mallorca

April 17th, 2009

The “esense”, a 143′ sailing yacht, has ran aground inside the harbour of “Club de Mar” in Palma de Mallorca. After the regata she had a problem with her engine and also with the keel’s electronics. 

The wally Esense Sailing Yacht

The Wally Esense Yacht

The wind threw her to a swallow part of the harbour and the keel hit the bottom. The Esense’s keel is 4 meters when folded and 6 meters when open out.

The yacht had fo be towed with a 2×300 HP pneumatic boat, and it seems she has had no serious damages. 

The Esense was built in 2006 by Wally Europe and costs around €15 mill. The owner is a holding of Montenegro and the captain is Mr. Ricardo de Magistris.  The yacht is designed to be both classic and modern and to be used by a reduced crew. The deck layout offers a space much like a converted loft apartment giving a huge open cockpit. The stern has the Terrace on the Sea configuration, a large area set at sea level, which can be reached from the main salon. The salon can also be enlarged by incorporating the two guest cabins. The interior design uses paduk wood and metallic white, with exposed matte carbon for the hanging cabinets and a splash of red on some of the joinery.

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The pictures of the seized yacht of Bernard Madoff

April 8th, 2009
Madoff yacht

Maddoff's chained yacht

Chained propellors

Bull's chained propellors of Bernard Madoff

As said yesterday, Bernard Madoff’s yacht has been chained at France. The yacht, a 27 m Leopard from Arno Shipyard, is registered in George Town and is currently lying in Antibes near a pristine Sunseeker. Italian design, freench mooring, George Town flag, american owner. Cosmopolitan at least.
The specifications of the yacht are

Length overall: 27 meters
Beam: 6,05
Engines: 2 x MTU 16V 2000 M92
Max Speed: 40 Knots

For more info and specs visit Cantieri Navale Arno
Pictures via Monaco Eye

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The yacht of bernard Madoff, "Bull", chained at Antibes

April 6th, 2009

Another of Bernard Madoff’s trophy assets has been seized, this time in the south of France.

French authorities on the Cote d’Azur have chained up his yacht “Bull” at a marina in the exclusive Mediterranean enclave of Cap d’Antibes, between Cannes and Nice.

Bailiffs threw a heavy chain around the boat’s propeller on Friday after a court granted the reqest by French investment firm Meeschaert, one of the many former investors in one of Madoff’s funds that is now suing to get some of its clients’ money back.

The yacht is valued at $7 million.

In a statement Sunday, Meeschaert chairman Cedric Meeschaert said the firm “decided to act fast, so that the boat wouldn’t leave French waters.”

A warning posted by the bailiffs on the boat reads: “Important: Do not turn on the motors, considering that the propellers are chained.”

The superyacht of Bernard Madoff

The chained yacht of Bernard Madoff

It cautions that “major judicial problems” will result if anyone attempts to remove the boat.

Last week a Palm Beach mansion owned by Madoff and two of his yachts were seized in the United States.

Madoff, 70, is in jail in New York awaiting sentencing after he pleaded guilty to swindling billions from investors in what could be the biggest scam in Wall Street history. He faces up to 150 years behind bars.

Prosecutors in the United States are seizing as much as they can of Madoff’s personal fortune, and have begun demanding millions of dollars in payments from his relatives. Roughly 6,700 people have filed claims for a share of whatever is recovered.

Bernard Madoff seized yacht

The bull will no longer navigate with Madoff

Thousands more — some who lost in excess of $1 million — are expected to come forward.

Via: NPR

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