Yacht brokerage firm Burgess has been appointed with the judicial sale of the yacht Equanimity, which was formerly owned by Malaysian Low Taek Jho, also known as Jho Low. The High Court of Malaya made the decision for Burgess to be the exclusive worldwide Central Agent to manage the sale of the luxury yacht.
Equanimity was delivered by Oceanco in 2014. She spans 91.5m long, features 2,998 GT (gross tonnes), and was built to comply with the Passenger Yacht Code (PYC). There can be nine to 11 suites accommodating 18 to 22 guests, in addition to 28 crew. They comprise one master suite with a study can be converted into a second double cabin, one VVIP suite, three VIP suites, one which can be converted into a fourth double cabin; two double cabins, and two twin cabins.
Her interior is luxurious, designed by Winch Design and fitted with furnishings from a variety of exotic materials. The array of impressive amenities include a beach club and health centre with gym, massage room, sauna, hammam, plunge pool, and beauty salon. Equanimity also features a hospital, a helipad (certified for an Airbus EC-135 or equivalent), and two 10.5m Hodgdon tenders. Equanimity features two MTU 20V 4000M73L diesel engines with a maximum speed of up to 18.5kn. At cruising speed of 14kn, her range is 5,000nm.
Image credit: Burgess
Strict guidelines will be used for the judicial sales process, which runs by submission of sealed bids by qualified potential buyers. The bids will be opened by the Sheriff of the High Court of Malaya in November/December 2018. In accordance with Admiralty law, the judicial sale will provide her buyer with an internationally-recognised ownership title free of mortgage, attachment, and all constraints.
For more information, get in touch with Burgess.