Following months of negotiations and a sealed-bid process handled by the Malaysian government, the 91.5-metre Oceanco motor yacht Equanimity’s sale is finalised as the vessel is now operating under her new name; Tranquility. Moored in Singapore, the vessel’s new owner Genting Malaysia Bhd was awarded the winning bid of $126,000,000 earlier this month, an amount which was to be paid by April 30th.Photo: Burgess
Amongst several entertainment and hospitality enterprises across Asia, the Genting Group runs Resorts World Sentosa on the island city-state of Singapore where superyacht Tranquility is currently moored. The fate of the vessel and her intended use remains unknown.
First put up for sale in October 2018, Genting offered the highest price, although several offers were also over $100,000,000 according to the Government of Malaysia. Notably, since the offer by Genting was negotiated directly with the Government of Malaysia, no agency commission is payable, thus resulting in savings of around $4.4 million.Photo: Burgess
Despite the publicity the vessel has been receiving over recent months, Tranquility remains one of the most private vessels in the Oceanco fleet and since her delivery in 2014 has spent much of her time under the radar. She has become known for being the first superyacht designed and built to be fully Passenger Yacht Code (PYC) compliant. Oceanco’s Monaco-based in-house design department created a chic, clean modern profile while Winch Design had the task of creating her oriental-inspired interior. Propelled by twin MTU 20V 4000 M73L engines, Tranquility is able to reach a top speed in excess of 20 knots.Photo: Oceanco