Cayman Islands

Photo courtesy of Merle Wood & Associates

Brokers network at Bahia Mar Yachting Center

Seeing stunning yachts in person creates excitement, inspiring new journeys and itineraries, even for the most seasoned brokers. That’s the goal of the yacht hop organized by International Yacht Broker Association (IYBA), a broker’s open house at Bahia Mar Yachting Center in Fort Lauderdale. Held on the third Thursday of each month, the catered event brings yacht brokers and industry insiders together to view, inspect and discuss some of the best brokerage vessels available for…

(Photo: SMS Group)

Superyacht Returns to the Water after Major Overhaul

Southampton, U.K. headquartered ship repairer and marine engineering services provider, SMS, has launched the classic superyacht MY Alicia from its covered 60m dry dock in the heart of the city.Peter Morton, the CEO of The SMS Group comments: “Today’s launch is a major positive milestone in another huge refit project for The SMS Group, all our colleagues and all our suppliers. It’s big, big news. As a company we are genuinely thrilled to have had the inspiration and support of another truly exceptional British businessman…

© AK YAM / MarineTraffic.com

Seized Superyacht Linked to 1MDB Probe Arrives in Malaysia

A $250 million superyacht, impounded as part of a hunt for assets linked to the multi-billion dollar investigation into 1Malaysia Development Bhd, arrived at a port in Malaysia on Tuesday about six months after it was seized.The Cayman Islands-flagged Equanimity was first seized in the Indonesian holiday venue of Bali in February at the request of U.S. authorities investigating 1MDB.The Malaysian state fund is at the center of money-laundering probes in at least six countries, including the United States, Switzerland and Singapore.

Equanimity (File photo: Oceanco)

Luxury Yacht Seized in Money Laundering Probe

Indonesian police on Thursday questioned the captain and crew of a luxury yacht in Bali at the request of U.S. authorities, probing alleged money laundering at a Malaysian state fund, they said. The yacht was impounded in Bali on Wednesday amid a multi-billion dollar corruption investigation launched by the U.S. Department of Justice (DOJ) and tied to Malaysian state fund 1Malaysia Development Berhad (1MDB). Police seized the yacht, Equanimity, after receiving a letter on Feb. 21 from the U.S.

Triton 6600/2 (Image: Triton Submarines LLC)

New Recreation Submersible Dives Deep

Triton Submarines LLC, a builder of personal submarines designed for yacht deployment, has launched a new submersible designed to dive to ocean depths of 6,600 feet, transporting passengers deeper than other models in its range. Announcing the new submersible was Triton Submarines CEO L. Bruce Jones, who unveiled plans for the new Triton 6600/2 at a press conference held at the Fort Lauderdale International Boat Show on November 6. “We are excited about this new deep-diving acrylic-hulled sub that will dive twice as deep as our 3300 series submersibles,” Jones said.

Poralu Docks at the Cayman Islands Yacht Club (Photo courtesy of Dart Realty)

Dart Realty Relaunches the Cayman Islands Yacht Club

Dart Realty (Cayman) Ltd. has officially relaunched the Cayman Islands Yacht Club, part of the North Sound boating experience that boasts daily traffic of more than 700 boat owners and passengers. The Yacht Club is the primary gateway from the Seven Mile Beach tourism district to Cayman's top natural attraction, Stingray City, and North Wall diving and snorkeling. With the renovations, the Yacht Club is prepared for the heavy crowds of tourists during high season. To mark the completion of the $7 million marina redevelopment…

Superyacht 'Equanimity': Image MACI

New Oceanco PYC Superyacht on Cayman Islands Registry

The Maritime Authority of the Cayman Islands (MACI) says that Netherlands-based shipbuilder, Oceanco, recently launched 'Equanimity', the first superyacht of its kind, with regulatory oversight from the Cayman Islands Shipping Registry. The new superyacht measures 91.5 metres in length, and is the first to be designed and built to the Passenger Yacht Code (PYC). Being a certified passenger yacht means it can accommodate more passengers, in this case, sleeping 26 guests and 28 crew.

Oceanco Delivers Superyacht Equanimity

The etymology of the word equanimity derives from the Latin aequus meaning balanced and animus meaning spirit or internal state. The concept of equanimity—internal balance— is both profound and refined. Oceanco’s newly delivered 91.5-m Equanimity is aptly named; from her exterior to her interior to her inner core, she is perfectly well balanced. Equanimity (Y709) has the distinction of being the industry’s first superyacht designed and built to be fully Passenger Yacht Code (PYC) compliant. The owners look forward to extensive world travel aboard their distinctive luxury vessel.