Category: Yachts

The Steeple Times writes about the world great Yachts

  • Bargain Basement Bernie – Price Of Bernie Ecclestone’s £30m Gin Palace Yacht ‘Petara II’ Slashed To ‘Just’ £16m

    Bargain Basement Bernie – Price Of Bernie Ecclestone’s £30m Gin Palace Yacht ‘Petara II’ Slashed To ‘Just’ £16m

    As he faces a £400 million fraud trial, coffin dodging skinflint Bernie Ecclestone has slashed the price of one his gin palaces, Petara; the 190-foot yacht is now on sale for the bargain basement price of ‘just’ £16 million

    Previously valued at a rather punchy sum of £30 million ($37.32 million, €34.50 million or درهم137.6 million), ex-F1 boss Bernie Ecclestone’s 190.9-foot motor yacht ‘Petara II’ – named using a combination of the names of his two daughters by ex-wife Slavica Radić, Petra and Tamara – is now been hawked for ‘just’ £16.95 million ($21.09 million, €19.50 million or درهم77.46 million) with EU VAT paid.

     

    Offered by Burgess Yachts, the diminutive, dwarf-like businessman’s ‘gin palace’ was built in 2005 by Protesksan Turquoise in Turkey and is described as having “one owner from new” and subject to “very light private use only.” It has six cabins for upto twelve guests and includes a large full-beam garage complete with a hydraulic car lift, city car, toys and tenders.

     

    ‘Petara’ is capable of a maximum speed of 18 knots and has a range of 5,000 nautical miles; it has a crew of fourteen and currently lies in the West Mediterranean under a United Kingdom flag.

     

    92-year-old Ecclestone – whose family supposedly nicknamed him ‘The Grinch’ – currently awaits trial for allegedly orchestrating a £400 million ($497 million, €460 million or درهم1.8 billion) fraud against His Majesty’s Revenue & Customs (HMRC). It is due to begin in London on 15th November 2023.

     

    Editor’s Note – Unlike as is the case in many publications, this article was NOT sponsored or supported by a third-party. Follow Matthew Steeples on Twitter at @M_Steeples.

     

    This morning on Twitter, Matthew Steeples asked: “In reducing the price of his £30m yacht ‘Petara’ to ‘just’ £16m, is skinflint Bernie Ecclestone playing an ‘ace’ card or is he showing desperation as he prepares for his £400m HMRC fraud case on 15th Nov 2023?” By 11:30am on Thursday 18th May 2023, the majority of respondents favoured the answer: “Yes; time is up jail next.”
    Petara II 1
    Petara II 2
    Petara II 3
    Petara II 4
    Bernie Ecclestone
    92-year-old Bernie Ecclestone arriving at court on 19th April 2023; the bungling buffoon and apologist for the evil tyrant President Vladimir Putin looked in worse condition than even at his last appearance back in January 2023.
    Fabiana Flosi Ecclestone
    92-year-old Bernie Ecclestone’s third wife and latest ‘baby mama’ Fabiana Flosi-Ecclestone accompanied him that day; the current Mrs Ecclestone curiously chose the name ‘Ace’ for her child – one is left wondering if the billionaire former F1 chief will be hoping for an ace in the pack when he faces his trial for allegedly orchestrating a £400 million fraud against His Majesty’s Revenue & Customs (HMRC) on the 15th November 2023.
    Bernie-Ecclestone-Prince-Andrew
    In February 2020, ‘The Steeple Times’ reported on croaked paedophile Jeffrey Epstein’s chum (and his wife Sarah, Duchess of York’s financial sponsor) Prince Andrew having Bernie Ecclestone over to Royal Lodge, Windsor to celebrate his birthday. Whether this man “with qualities that would make Leona Helmsley look generous” brought Sloppy Giuseppes from Pizza Express (Woking branch) for the bash remains still unknown and whether he has entertained the Duke of York on ‘Petara’ is unknown.
    Bernie-Ecclestone-Ghislaine-Maxwell-Flavio-Briatore-Virginia-Roberts-Giuffre
    At the 31st birthday party hosted for Naomi Campbell by her then lover Flavio Briatore on 19th May 2001 in St Tropez, France, Bernie Ecclestone (pictured top right) got to hang out on a gin palace with not only the since convicted sex trafficker Ghislaine Maxwell but also the woman Prince Andrew paid £12 million to in spite of having never met – Virginia Roberts (now known as Virginia Giuffre). The now former F1 boss and alleged fraudster featured in the infamous address book credited to Epstein but most likely was actually a contact of the mucky madam Maxwell primarily.
    Vladimir-Putin
    The 91-year-old father of four and son of a Suffolk fisherman has previously been quite rightly deservedly slammed for his support for the world’s worst living leader, President Vladimir Putin. Calling such a tyrant “a good guy” and someone he’d “take a bullet for” about sums this nasty little piece of toerag up for what he is – an utter braindead berk.

    BOG OFF BERNIE! BERNIE ECCLESTONE’S WORST MOMENTS

    A poisonous penny-pinching dwarf and well-known as a “coffin dodger,” Bernie Ecclestone – a bestie of the man who paid £12 million to a woman he claims never to have met Prince Andrew – couldn’t give a damn about anything other than money. He’ll mouth off in support of anyone who might help him get just a little bit more, but really should just be told to bog off!

     

    On President Vladimir Putin:

    “[He] should be running Europe… He should be in Brussels running Europe… We should get rid of Brussels and he should just be in charge.”

     

    “Honestly, I think the guy who be running Europe, impressed me more than anything, is Mr Putin because he’s a guy that says he’s going to do something and does it… [He’s] a first-class person.”

     

    “He does what he says he’s gonna do, he gets the job done. I mean people don’t understand exactly what he wants to do… He wants to put Russia back to what it was.”

     

    “I was with [Putin] after the [2014 Sochi Winter] Olympics on the top of the bloody mountain… We had a meeting, just the two of us, and we came out and we were walking along and people were coming up to him asking for an autograph… That’s what people think of him.”

     

    “If someone had a machine gun and was prepared to shoot Putin, I would stand in front of him because he’s a good guy. He’s never done anything that isn’t doing good things for people.”

     

    On President Putin’s intolerance to gay people in Russia:

    “When I was at school, if you did something wrong, the teacher used to say: ‘Go and get the punishment book and the cane. Go to your headmistress and get a few whacks or something.’ That’s what he does.”

     

    On President Donald Trump:

    “I think he’d be fantastic [as President of the United States of America]. I’m sure he’s much more flexible than most of them. If he’s made a mistake, he’s more likely to say: ‘It was a good idea at the time.’”

     

    “He has done a lot of good things for the world.”

     

    On Adolf Hitler:

    “Apart from the fact that Hitler got taken away and persuaded to do things that I have no idea whether he wanted to do or not, he was in the way that he could command a lot of people, able to get things done… He wasn’t a dictator.”

     

    On Jewish people:

    “They have a lot of influence everywhere.”

     

    On black people:

    “In a lot of cases, black people are more racist than what white people are.”

     

    Of democracy in the United Kingdom:

    “If you have a look at a democracy it hasn’t done a lot of good for many countries – including this one.”

     

    Of his crackpot suggestion that the now late Max Mosley, son of the late Fascist Oswald Mosley, might have been Prime Minister of Great Britain:

    “[He would have done] a super job… I don’t think his background would [have been] a problem.”

     

    On Brexit:

    “I’m 100% an outer.”

     

    On his wealth:

    “I’ve got enough I can do with my money.”

     

    On following the rules:

    “I never stopped breaking the rules.”

     

    Asked if immigrants had made a contribution to the UK:

    “They have not.”

     

    On who is worth speaking to:

    “Anyone who doesn’t speak English isn’t worth speaking to… I’d rather get to the 70-year-old guy who has a lot of cash.”

     

    On journalists:

    “I can’t remember a single occasion when I have been kind to a journalist.”

     

    On social media:

    “I think the change that is currently taking place is very short-lived, as these social media people are starting to think it is not as good as they thought.”

     

    On waiters and prostitutes:

    “Waiters are like hookers, never around when you want them.”

     

    On women:

    “You know, I’ve got one of those wonderful ideas… Women should be all dressed in white like all the other domestic appliances.”

     

    “What I would really like to see happen is to find the right girl, perhaps a black girl with super looks, preferably Jewish or Muslim, who speaks Spanish.”

     

    On women participating in Formula 1:

    “I don’t know whether a woman would physically be able to drive an F1 car quickly, and they wouldn’t be taken seriously.”

     

    On Lewis Hamilton:

    “I don’t find him particularly engaging… He’s not particularly you would say black.”

     

    On the corrupt criminal and disgraced banker Gerhard Gribkowsky:

    “Dear old Gribkowsky… I don’t blame him because I would have probably done the same if I could have done it. He found the weak spot, found some leverage and used it. You can’t blame somebody for doing that.”

     

    On the individuals who kidnapped his mother-in-law:

    “If I get upset, how could it help?”

     

    On his business career and his family’s Bambino Holdings offshore trust:

    “I’ve got the highest position there is. So high that when I look down, I can’t see anything.”

     

    “Maybe the most serious thing I regret was giving my shares to my ex [Slavica Radić], because when she them all in a trust for her and the kids, I lost control.”

     

  • A £65 Million ‘Bargain’ Boat – Seized Oligarch Gin Palace For Auction

    A £65 Million ‘Bargain’ Boat – Seized Oligarch Gin Palace For Auction

    As government of Gibraltar auctions a seized £65 million oligarch superyacht with interiors by Jeffrey Epstein’s favourite designer to ‘bargain seekers,’ Matthew Steeples asks: “Why haven’t other seized ‘questionable assets’ been sold off already?”

    On Tuesday in Gibraltar, the first sale of a superyacht seized from a Russian oligarch is likely to be hammered down when the government there flogs it at auction after it was detained when it docked there in March this year. It is estimated to be worth circa £65 million ($76.9 million, €76.6 million or درهم282.4 million), but may well sell for much less.

     

    Unused and no doubt unloved as a result of it having been impounded for five months, the 236-foot long Axioma (which was originally named ‘Red Square’) was built for President Vladimir Putin’s billionaire mate Dmitry Pumpyansky in 2013 by Dunya Yachts and is being offered by Howe Robinson Partners online in a sale that concludes at 12 noon Gibraltar time (GMT+2) on 23rd August.

     

    Of the gin palace, whilst Dunya Yachts laud it as “universally acclaimed” and “widely acknowledged as the finest yacht to ever come out of Turkey,” others mock it is as “Jeffrey Epstein naff” given its interiors were originally designed by the since croaked paedophile’s favourite designer’s Alberto Pinto (1943 – 2012) eponymous firm.

     

    Having echoes of bad taste that would undoubtedly appeal to Epstein’s big bottomed boat loving mate Lord Mandelson – a chap known for bringing together George Osborne, Nat Rothschild and Oleg Deripaska on a £127 million ($150 million, €149 million or درهم551 million) 238-foot long tub off Corfu in August 2008 – also, Axioma sleeps upto 12 in 6 cabins with a crew of upto 20 individuals. It has been described by ‘Alex The Yacht Guy’ on his YouTube channel as “one of the most chartered yachts in the industry” and has been priced out from around £75,000 per night ($88,700, €88,400 or درهم326,000 per night) upwards.

     

    Decorated to have a “beach house-style interior” according to the text of an undated marketing brochure for it prior to the exterior being part repainted in a curious-to-garish shade of baby blue, the 5 deck vessel also has a gallery, a main salon, a 14 seat dining room with Versace china and glassware, an 8 person 3D cinema, an infinity swimming pool, an alfresco dining area for upto 16, a Jacuzzi with a bar, open air and indoor gyms, a massage room, a steam room and a sun deck.

     

    Accompanying also is a ‘chase boat and limousine tender’ capable of 40 knots, two further tenders and water toys including kayaks, wakeboards, 2 Sea-Doos and a Yamaha WaveRunner.

     

    Offering caution about the condition of the vessel, Howe Robinson Partners state of Axioma in their marketing material: “[This is marketing material] a general overview and without guarantee and is left to buyers to form their own impression during inspection.”

     

    Curiously, as reported this morning by The Guardian’s Rupert Neate, proceeds from the sale will benefit JP Morgan rather than the people of Ukraine as the US investment bank is owed £17 million ($20.1 million, €20 million or درهم73.9 million) by Pumpyansky – a billionaire whose worth has previously been estimated as high as £1.84 billion ($2.18 billion, €2.17 billion or درهم8 billion).

     

    Of this situation, Super Yacht Times noted in July:

     

    “Pumpyansky [is] a shareholder of Pyrene Investments… [They] took a loan with JP Morgan Chase & Co… [but] Pumpyansky’s involvement with Pyrene Investments breaches the loan agreement. Pyrene Investments is owned by Furdberg Holding of Cyprus and, at the time of the loan agreement, Pumpyansky was the sole shareholder.”

     

    “As Pumpyansky was on the sanction list his assets were frozen and it was illegal for the bank to accept any repayments from him. With his superyacht Axioma seized in Gibraltar, JPMorgan Chase & Co. pursued an opportunity to see a return on their investment.”

     

    Of interest in the sale, Nigel Hollyer, the broker to the Admirality Marshal of the Supreme Court of Gibraltar, told The Guardian that “more than 30 people had flown to inspect the yacht in person.” He added:

     

    “[There has been an] unexpected late surge by prospective buyers. They are people from across the world. They are people who own or have owned boats of similar size, and have been attracted to this boat because of the judicial sale process – they are convinced they’re going to get a bargain.”

     

    To date, Axioma has counted Formula 1 driver Lewis Hamilton and Kim Kardashian’s half-sister Kendall Jenner as noted names who have spent time onboard. Who’ll be next is unknown, but one thing’s for sure – it most certainly is as unlikely to be Putin’s apologist Bernie Ecclestone – who faces his first court hearing in London on Monday coming over an alleged £400 million ($473 million, €471 million or درهم1.7 billion) fraud – as any other rotten Russian oligarch.

     

    Today, given the noted previous enthusiasm of the likes of likely next Prime Minister Liz Truss for grabbing the ill-gotten gains of Russian oligarchs, isn’t it now time that some more of the seized boats and buildings in London, Lake Como and beyond belonging to these people were put up for sale? Equally, isn’t it time that some money from such sales was actually used to help those in need in Ukraine also?

     

    Pictured top – Dmitry Pumpyansky being awarded the 4th Degree Order ‘For Merit to the Fatherland’ on 31st July 2014 by President Vladimir Putin (left) and the Axioma superyacht formerly owned by the former in auction marketing material in August 2022.

     

  • A Megayacht Bargain

    A Megayacht Bargain

    What will be the world’s 28th largest ‘megayacht’ to be offered for sale for the surprisingly low bargain basement sum of ‘just’ £18.3 million and at no reserve; why doesn’t Boris Johnson buy it for Britain?

    A ‘megayacht’ – defined as a vessel of over 197-foot (60-metres) in length – that will soon come in to beat Andrey Melnichencko’s somewhat stark looking Philippe Starck designed motor yacht A as the 28th largest motor vessel in the world is to be auctioned in November.

     

    Offered by Concierge Auctions with no reserve and previously for sale for ‘just’ £18.3 million ($21.3 million, €25 million or درهم91.8 million), the 393-foot (120-metres) Project Y910 is currently presented as a finished hull and superstructure but without anything luxurious at all internally.

     

    Project Y910 megayacht Vladimir Chivilikhin 3
    ‘Project Y910’ was originally built in 1990 at the Gdyina Yard in Poland in 1990 and served as a commercial vessel until 1998. She sailed under the name ‘Vladimir Chivilikhin’ and was named after the Soviet Russian writer best known for exploring the subjects of “man, society and nature” in works that included ‘Land in Distress’, ‘Does She Love You?’ and ‘Swedish Stops’ and also human personalities in ‘Above Sea Level’ and ‘Fiddlesticks!’
    Megayacht A
    Motor yacht ‘A’ (left) – owned by oligarch Andrey Melnichenko and pictured here with its sister sailing yacht ‘A’ (right) – is currently the 28th largest megayacht in the world at 390-foot (119-metre) in length. ‘Project Y910’ will send that particular gin palace into 29th place.
    https://www.youtube.com/watch?v=U7yJCJPbovc
    Project Y910 megayacht Vladimir Chivilikhin 1
    Conversion of the vessel was begun in 2006 and during this time works were carried out in Singapore, Split, Trogir and Malta amongst other places.

    Built originally in Poland in 1990 as a passenger vessel and named after the Russian writer Vladimir Chivilikhin, the vessel offered was in service until 1998 and subsequently renamed KAY after being sent off for conversion.

     

    In the ensuing years, nothing much occurred other than this unfinished lump of metal moving from yard to yard, but now whomever currently owns it has clearly had enough and put it up for auction.

     

    Capable of circumnavigating the globe and cruising through remote regions including the Arctic due to its 1A-ice class hull, Project Y910, as it is now named, is in need of a new owner whose visions “are only capped by the imagination” according to Superyacht Times.

     

    Aside from capacity for 36 guests in 18 cabins and accommodation for 50 crew also, this almighty gin palace will have two swimming pools, two helipads and a helicopter hangar with lift when completed. It will have space for not only “nautical toys,” but also “multiple vehicles” including SUVs even. However, the vast estimated required budget to create this floating ‘McMansion’ is not declared.

     

    A simple idea as to what could actually be done with this huge behemoth is very clear: Boris Johnson could buy it for Britain and save the taxpayer a fortune on his ‘royal yacht’ vanity project.

     

    Features of ‘Project Y910’

    • Originally launched as a passenger ship named ‘Vladimir Chivilikhin’ in 1990 after being built by Stocznia Gdynia in Poland.
    • Used by the Russian offshore industry until 1998.
    • In 2006, conversion began to create a megayacht at Keppel Singmarine and Damen.
    • Subsequently, the vessel moved to other yards, yet remained uncompleted.
    • Currently located in the Fincantieri Shipyard in Trieste.
    • 1A ice-classed hull enabling the vessel to “cut through the Arctic at ease.”
    • Eco-friendly fuel-efficient hull shape, advanced water treatment and waste heat recovery systems.
    • Hybrid propulsion engine.
    • Range of 10,000 nautical miles at a speed of 14 nautical miles.
    • Capable of reaching remote locations and able to circumnavigate the globe with “unlimited cruising possibilities in mind.”
    • Capacity for upto 36 guests in 18 cabins alongside a crew of 50.
    • Interior space of more than 25,000 square foot (2,370 square metres) across eight decks with 14,600 square foot (1,360 square metres) of deck space.
    • Two swimming pools.
    • Two helipads and a helicopter hangar with lift.
    • Space for a number of cars in onboard garaging including everything from all-terrain bikes and mini mokes to large SUVs.
    • “Plenty of space for nautical toys for every mood.”

     

    Project Y910 megayacht Vladimir Chivilikhin 4
    Project Y910 megayacht Vladimir Chivilikhin 5
    Project Y910 megayacht Vladimir Chivilikhin 6
    Project Y910 megayacht Vladimir Chivilikhin 7
  • A Boat For Brenda

    A Boat For Brenda

    As decidedly dippy Dame Esther Rantzen calls for tyrannical twerp Sir Philip Green to hand over his behemoth boat to the Queen, we suggest Sir James Dyson or Sir Charles Dunstone’s gin palaces as other options that could be commandeered

    This morning on Radio 4’s Broadcasting House, Dame Esther Rantzen, for once in her somewhat curious career, made a valid suggestion when discussing the current hullabaloo over whether or not the nation should spend £200 million on a new royal yacht.

     

    Commenting to the programme’s Paddy O’Connell of a “pomp and ceremony” focused proposal that the Conservatives are plainly using to wind up Labour, Dame Esther remarked:

     

    “This is to me a crazy idea at a time when our economy has been obviously dealt something of a death blow by COVID, when we have no plans for social care, when food banks are thriving. Do we really think that the taxpayer, let alone the royal family, want £200 million spent on a royal yacht?”

     

    “I think it’s an example of a newspaper starting a campaign which is so out of touch. However, perhaps, I have the solution: Sir Philip Green, do you remember him? He has a knighthood – which some people have questioned. He lives in Monaco, where there’s plenty of other people with yachts. Why doesn’t he donate his boat to the royal family?”

     

    “If he’s got monograms with the words ‘Philip’ on it, that would be suitable for those who feel that the yacht should be named after Philip, Duke of Edinburgh… Prince Philip, you could just add a few, a few, you know…”

     

    Equally, given the late NCP car park tycoon Sir Donald Gosling left £50 million in his will towards a replacement for the Royal Yacht Britannia, we suggest some potentially cheaper boating options to Sir Philip Green’s £100 million gin palace below that could also be commandeered.

     

    Pictured top: The late Sir Donald Gosling’s former yacht Leander and its owner with the Queen and her late husband in 2012.

     

    Option 1 – Sir Philip Green’s ‘Lionheart’

    A Boat For Brenda 2021: Sir Philip Green should give his yacht to Queen – As decidedly dippy Dame Esther Rantzen calls for tyrannical twerp Sir Philip Green to hand over his gin palace to the Queen, we suggest Sir James Dyson or Sir Charles Dunstone’s tubs as other options.

    Pros – The disgraced businessman’s gin palace is definitely big at 295-foot and can accommodate 12 guests with a crew of 30. It’d probably also appeal to ‘Randy Andy’ given his liking for living it large and there is plenty of space on the boat’s deck for the ‘Duchess of Dork’ to engage in a bit of toe sucking as well.

     

    Cons – This boat’s décor would likely be considered a bit ‘lowbrow’ by the Queen given “Call Me Lady Tina” – the rotten retailer’s wife – is known more for brass than class. The tacky tub might need a bit of a clean also as in September 2020, the vessel was impounded in Monaco due to two of its staff contracting coronavirus.

     

    Option 2 – Sir James Dyson’s ‘Nahlin’

    A Boat For Brenda 2021: Sir Philip Green should give his yacht to Queen – As decidedly dippy Dame Esther Rantzen calls for tyrannical twerp Sir Philip Green to hand over his gin palace to the Queen, we suggest Sir James Dyson or Sir Charles Dunstone’s tubs as other options.
    A Boat For Brenda 2021: Sir Philip Green should give his yacht to Queen – As decidedly dippy Dame Esther Rantzen calls for tyrannical twerp Sir Philip Green to hand over his gin palace to the Queen, we suggest Sir James Dyson or Sir Charles Dunstone’s tubs as other options.

    Pros – Given all the breaks billionaire Sir James Dyson and his carpet designer wife ‘Lady Deirdre’ have been given by Boris Johnson in spite of disgracefully relocating their operations abroad, you’d think they might want to give something back and hand over their boat.

     

    As was reported in the Guardian yesterday, this steam yacht has also been subject to a £25 million restoration and has ‘previous royal form’ in that it housed the then King Edward VIII and Mrs Wallis Simpson just prior to the 1936 abdication crisis. Perhaps that might attract that devious duo’s modern day equivalents, the Duke and Duchess of Sussex, onboard for peace talks.

     

    Cons – The Queen could find herself like the majority of the population, who’ve wasted money on his frankly mostly useless products, a little frustrated with the vessel’s hypocritical Brexiteer owner and we don’t think she’d like ‘Dreary Deirdre’s’ appalling rug designs either.

     

    Option 3 – Sir Charles Dunstone’s ‘Shemara’

    A Boat For Brenda 2021: Sir Philip Green should give his yacht to Queen – As decidedly dippy Dame Esther Rantzen calls for tyrannical twerp Sir Philip Green to hand over his gin palace to the Queen, we suggest Sir James Dyson or Sir Charles Dunstone’s tubs as other options.

    Pros – The 210-foot motor yacht Shemara is a favourite of all at The Steeple Times. Built by Sir Bernard Docker at the behest of his brilliantly batty wife, ‘Lady Nora,’ in 1938, this vessel has played host to everyone from King Farouk of Egypt to coalminers.

     

    Cons – If the Queen took over this boat, she might find herself a little beholden to the ‘Chipping Norton set’ given Sir Charles Dunstone is considered one of that group’s most illustrious members. Conversations with Rebekah Brooks about her thoughts on her wayward grandchild and his money grabbing wife might not prove easy, but Jeremy Clarkson could break the ice with a drink or five.