Posted In: MALIBU is a 50m motor yacht delivered by the world renowned Amels Shipyard in Holland
21-5 Million.
BUILDER Amels LOA 50.00m / 164’
YEAR 2001 BEAM 9.00m / 29’1’’
FLAG Cayman Islands DRAFT 3.10m / 10’
NAVAL ARCH Terence Disdale SPEED 12 knots cruising
HULL Steel ACCOM 12 guests
LYING Genoa ENGINES 2 x 1,200hp Cummins
MALIBU is a 50m motor yacht delivered by the world renowned Amels Shipyard in Holland with an original interior design by Terence Disdale and a complete refit in 2006 including new interiors by Reymond Langton. The yacht was built to Lloyds +100 A1 SSC G6 LMC, MCA.
This yacht has to be seen to experience the exceptional level of quality craftsmanship onboard.
MALIBU’S placement of the tenders on the bow leaves every deck clear for enjoying a lifestyle oriented by the sea. Alfresco dining options abound with cocktail tables on the main deck, and dining for 12 offered on both the bridge and sun decks. The sun deck has a built in sun pad and bar. For serious sun bathing, the forward area of the sun deck furnishes privacy, full sun and a sensational Jacuzzi.
MAIN CHARACTERISTICS
Type: Displacement Hull
Builder: Amels Shipyard (Holland)
Hull no.: 437
Naval Architect: Amels Shipyard (Holland)/ Terence Disdale
Interior Designer: Reymond Langton
Construction Year: 2001
Refitted: 2006
Classification: Lloyds +100 A1 55C G6 LMC, MCA
Construction: Welded Steel
Crew: 12
Flag: George Town – Cayman Islands
Engines: 2 x Cummins 1200 hp
Transmission: 2 x Reintjes WAF 541
GRT: 610 tons
DIMENSIONS
LOA 50.00 m / 164’
Beam 9.00 m / 29’7”
Draft 3.10m / 10
SPEED & RANGE UNDER POWER
Maximum Speed (knots) 15 knots
Cruising Speed (knots) 13 knots
Economical Speed (knots) 12 knots
Fuel Consumption 448 litres per hour @ 15 knots 1800 rpm
370 litres per hour @ 13 knots, 1400 rpm
206 litres per hour @ 12 knots, 1400 rpm
Range 2955 nm @ 15 knots
3185 nm @ 13 knots
5016 nm @ 12 knots
CAPACITIES
Accommodation 12 in 1 x Master, 2 x Double, 2 x Twin, 2 x Pullman
Crew 11-12 Crew members in 5 cabins + Captain
Fuel 95,000 litres/25,096 US gallons
Fresh Water 17,400 litres/4,596 US gallons
Lube Oil 2,200 litres/581 US gallons
Dirty Oil 2,000 litres/528 US gallons
Grey/Black Water 5,300 litres/1,400 US gallons
Waste Water 21,400 litres/5,653 US gallons
Jacuzzi 3,200 litres/845 US gallons
ACCOMMODATION
Master Stateroom
On Main Deck the full width owner’s stateroom with en-suite bathroom, private office and salon. It is awash in natural light streaming through floor-to-ceiling windows port and starboard. Enhancing the suite’s contemporary style is the Reymond Langton designed furniture finished in high-gloss macassar ebony.
VIP Cabin
On Lower Deck 2 x VIP double cabins wit en-suite bathrooms accommodate 4 guests. The contemporary theme of the whole interior of the yacht is evident in these staterooms
Guest Staterooms
On Lower Deck 2 x Twin cabins with 2x Pullmans with en-suite shower accommodating up to 6 guests. The contemporary theme of the whole interior of the yacht is evident in these staterooms.
Captain’s Cabin
Captain’s double bedded cabin with shower on the upper deck aft of the wheelhouse.
Crew
The Crew are accommodated in 5 twin cabins with en suite shower rooms on the lower deck forward.
MECHANICAL EQUIPMENT
Engines 2 x Cummins 1200 hp @ 1,600rpm
Engine hours Port: 8,301hrs; Starboard: 8,301hrs (Apr 2012)
Generators & Electricity 2 x 170 Kw Cummins @ 1500 rpm each
1 x 33kw Cummins @ 1500 rpm
Generator hours Port: 17,993 hours; Starboard: 18,326 hours (Apr 2012)
Electricity 380V volt/3-phase/50Hz
Stabilisers 1 x Vosper / Naiad, Zero Speed
Bowthruster 1 x HRP 200-60 Electric @ 140 hp
Air Conditioning 1 x Heinman/Hopman 3 zones +chiller plant
Water Maker 2 x Idromar reverse osmosis
Fuel Centrifuge/Separator 1 x Alfa Laval MAB 103 B-24
Passerelle 1 x Electric Hydraulic AI 50
INTERIOR / GALLEY / LAUNDRY EQUIPMENT
Galley
1 x Lohberger Oven
1 x Lohberger grill
1 x Lohberger deep fryer
1 x Lohberger stove (4 x induction)
1 x foster Refrigerator
1 x foster freezer
1 x Scotsman AC 45 Icemaker
1 x Metro Dishwasher
1 x miele microwave - oven
1 x Lohberger Grill
1 x Foster Walk-ins on tank deck
Crew Quarters/Mess
1 x Panasonic combination oven Microwave
1 x Liebherr pro line Refrigerator
1 x GEC Domestic Dishwasher
3 x Miele Professional WS5425 Washing Machines
3 x Miele Professional T5205C Clothes Dryers
1 x Miele Rotating HM 21-100 Irons
NAVIGATION EQUIPMENT
Magnetic Compass 1 x Cassens & Plath
Gyro Compass 1 x C Plath Mk1
Automatic Pilot 1 x C Plath Navi Pilot V hsc
Echo Sounder 1 x Furuno FCV 582 L
Radar 1 x Decca
Radar 1 x Furuno RCV 013
Transponder 1 x Furuno
DGPS 2 x Litton Marine
Charts 1 x Transas
Navtex 1 x ICS nav 5
AIS GPS 1 x Saab
Log 1 x Seaplath Naviknot III
Wind Instruments 1 x Walker P310
COMMUNICATION EQUIPMENT
SATCOM 1 x Sat TV Seatel
1 x Sat C Thrane & Thrane
1 x Sat Fleet 33
1 x Sat Fleet 77
1 x VSAT Seatel
VHF 2 x Sailor RT 4822
MF/HF 1 x Sailor HC 4500
Landline/Intercom 1 x Panasonic System
Miscellaneous 1 x Wi-Fi
DECK EQUIPMENT
1 x Anchor Windless System Steen
2 x Anchors 19-2-50
2 x Aft Capstans
1 x Marquipt Both, Port and Starboard
ENTERTAINMENT EQUIPMENT
Main Saloon
1 x Surround sound plasma television
2 x Denon DVD player
1 x Denon amplifier
1 x Sat decoder
1 x Ipad
Sky lounge
1 x Surround sound plasma TV
1 x DVD Players
1 x Denon amplifier
1 x Sat decoder
1 x Ipad
Sundeck
1 x CD player
1 x Marrantz amplifier
Master Stateroom
1 x Surround sound 50’’Plasma TV
1 x DVD Players
1 x Denon amplifier
1 x Sat decoder
1 x Ipad
VIP Cabin
2 x 23’’HD
2 x DVD Players
2 x Denon amplifier
2 x Sat decoder
Guest Cabins
2 x 23’’HD
2 x DVD Players
2 x Denon amplifier
2 x Sat decoder
Crew & Captain’s Cabin
1 x 27” Plasma TVs
6 x 20” Plasma TVs
7 x DVD Players
2 x Sat decoders
General
1 x Crestron Multi Media System
1 x X-boxes in the guest suites for the kids on board
1 x LINN Audi throughout yacht
IPod docking stations throughout the yacht
OFFICE EQUIPMENT
PC/Printer: 1 x Asus , 1x Canon
Fax/Copier: 1 x Panasonic
Monitors: 1 x Samsung
TENDERS & WATERSPORTS EQUIPMENT
Tenders
1 x Custom 22ft. Tender with FNM HTLP 250 hp
1 x Novurania 22ft. 660XL Equator with 250 hp Yanmar
1 x Rescue tender Canguro 420 gs
Water Sports
1 x Yamaha Waverunner XL700
1 x Yamaha Jet Ski SL 700A
Snorkel gear & fishing gear, water skis, towable toys
Diving Compressor
1 x BAUER
Crane
1 x 2000 kg Yacht Tec JA01001
1 x 2000 kg Yacht Tec JA00379
SECURITY & SAFETY EQUIPMENT
1 x Panasonic closed circuit television (CCTV) system with
4x Cameras and motion detectors (main deck) + 4 cameras in the engine room
3 x CCTV Monitor screens in wheelhouse, crew mess room and engine room
4 x Door alarms: stern /aft escape, engine room escape, fire escape.
44 x Fire / heat / smoke detectors throughout yacht
2 x Fixed C) 2 Systems locates in Engine room and Galley
28 x Fire extinguishers in all places necessary
COMMENTS
MALIBU is a 50m motor yacht delivered by the world renowned Amels Shipyard in Holland with an original interior design by Terence Disdale and a complete refit in 2006 including new interiors by Reymond Langton. The yacht was built to Lloyds +100 A1 SSC G6 LMC, MCA.
This yacht has to be seen to experience the exceptional level of quality craftsmanship onboard.
MALIBU’S placement of the tenders on the bow leaves every deck clear for enjoying a lifestyle oriented by the sea. Alfresco dining options abound with cocktail tables on the main deck, and dining for 12 offered on both the bridge and sun decks. The sun deck has a built in sun pad and bar. For serious sun bathing, the forward area of the sun deck furnishes privacy, full sun and a sensational Jacuzzi.
| 11 small.jpg 148K View Share |
Posted In: holmesandco-london.com
PRICE: EUR 44,950,000
MAIN CHARACTERISTICS
Type Full Displacement Motor Yacht
Hull 669
Builder Feadship – De Vries Design Todhunter Earle Naval Architect De Voogt
Exterior Design De Voogt
Interior Design Redman Whitely Dixon, Todhunter Earle
Year 2005
Refit 2009
Classification Lloyd´s 100A1 SSC YachtLMC UMS MCA compliant
Construction Steel Hull & Aluminium Superstructure
Crew 14
Flag Cayman Islands Engines 2 x 1,520 Hp CAT GRT 782 tons
Net Tons 234 tons
Displacement 800 tons
DIMENSIONS
LOA 55.50m / 182’1’’ LWL 49.10m/161’1’’ BEAM 10.40m /32’9’’DRAFT 3.23m / 10’4’’
SPEED & RANGE UNDER POWER
Maximum Speed 14.5 knots
Cruising Speed 12.5 knots
Fuel Consumption 520 litres @ 15.5 knots
350 litres @ 13.5 knots
220 litres @ 12.5 knots
Range 4,500 nm @ Eco Speed
3,500 nm @ Max Speed
CAPACITIES
9
Accommodation 10 x Guests in 5 cabins
Crew 14 x Crew in 6 cabins
3 x Double, 2 x Double with PullmanFuel 99,880 litres / 26,386 US gallons FreshWater 24,160 litres / 6,382 US gallons
ACCOMMODATION
Guests’ Accommodation
1 x Master cabin
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Posted In: Saudi Arabia is preparing to bury Crown Prince Nayef bin Abdul Aziz
 Nayef spearheaded Saudi Arabia's clampdown on al-Qaeda following a wave of attacks in the kingdom [Reuters] |
Saudi Arabia is preparing to bury Crown Prince Nayef bin Abdul Aziz amid worldwide condolences and with defence minister Prince Salman seemingly poised to become the new heir to the throne. An aircraft bearing the body of Prince Nayef left Geneva early on Sunday for the kingdom's western city of Jeddah,Al-Arabiya pan-Arab network reported. The funeral of the Gulf nation's long-time interior minister is expected to take place later in the Muslim holy city of Mecca after sunset [at about 16:00 GMT]. He will be buried in Al-Adl cemetery near the Grand Mosque, where several members of the royal family and prominent Islamic scholars are interred, the local Okaz newspaper said. "Crown Prince Nayef devoted his life to promoting the security of Saudi Arabia," said Ban Ki-moon, the UN secretary-general, while US President Barack Obama praised his co-operation in the fight against terror that "saved countless American and Saudi lives". French President Francois Hollande said his country had lost a "friend" while Switzerland, where Nayef died, offered "deepest condolences". The 79-year-old prince died of "cardiac problems" while at his brother's residence in Geneva, a medical source in the city who asked not to be identified said. Questions over succession Nayef's death, just eight months after he replaced his late brother Sultan as crown prince, raises the issue of succession because of the advanced age of the first line of apparent heirs, in a time of turmoil rocking the Arab world. King Abdullah himself is 88 and ailing, and nobody is officially in line to replace Nayef. However, his brother Prince Salman, 76, who took the defence portfolio after Sultan's death, appears to be a strong candidate. "Prince Salman is the most likely successor," Khaled al-Dakheel, a Saudi political scientist, said. Anwar Eshqi, head of the Jeddah-based Middle East Centre for Strategic Studies, said: "All expectations point to Prince Salman to succeed Prince Nayef for his experience in administration, security and politics." In 2006, the Saudi monarch established the allegiance council, a body of around 35 senior princes, as a new succession mechanism whose long-term aim was to choose the crown prince. Nayef was the middle prince of the Sudairi Seven, the formidable bloc of sons of King Abdul Aziz by a favourite wife, Princess Hassa al-Sudairi. In addition to Salman, remaining Sudairis include Prince Abdul Rahman, Prince Turki and Prince Ahmed, who is deputy interior minister and likely to succeed Nayef at the security helm in the oil powerhouse. Crackdown on al-Qaeda Nayef, who spearheaded Saudi Arabia's clampdown on al-Qaeda following a wave of attacks in the conservative kingdom between 2003 and 2006, became heir to the throne in October last year. "He was one of the pillars of stability in the kingdom," wrote al Jazirah daily. "He managed to overcome crises and navigate this country to the shores of safety." Seen as more conservative than King Abdullah, Prince Nayef was a staunch defender of the Saudi dynasty and resisted any form of opposition. He ordered and oversaw a fierce crackdown on Al-Qaeda, forcing the armed group's leaders and fighters to flee to neighbouring Yemen. |
Posted In: Spanish parliament has come up with a cunning plan to help alleviate the symptoms of a slack economy by lifting the long standing ban on advertising sexual services.
Should prostitutes in Spain be allowed to advertise their services?
In a country in which prostitution is legal, the bill will allow brothels, escort agencies and prostitutes to advertise online and in classified adverts in the print media. There are estimated to be between 200,000 and 400,000 prostitutes operating in Spain, 90 per cent of whom are believed to be trafficked meaning that only a small proportion are actually local.
It’s a far cry from the early retro crime novels of Spanish writer Manuel Vázquez Montalban whose central character, private investigator Pepe Carvalho, has a prostitute girlfriend and hangs out in a Barcelona populated by pimps, Spanish whores and racketeers.
These days, it is mostly foreign women from an assortment of countries -Nigeria, Eastern Europe and South America topping the list- who eke out a patchy living selling their bodies, often under the control of sinister pimps and gangs. Many clients are sex tourists, in the main crossing nearby borders although Spaniards also avail themselves of those touting ‘the world’s oldest profession’. In a United Nations report39 per cent of Spanish men admitted to having visited a prostitute at least once.
In the town of La Jonquera in Catalonia which borders with France, Club Paradise, one of Europe’s largest brothels, claims to have 80 to 100 women working on its premises. The women are supposedly independent operators and pay a weekly rent for use of a bedroom and board.
There have been calls for prostitution to be outlawed in Spain but many women’s groups believe that such a move would force it underground meaning that fewer trafficked women would be able to seek help. Despite various crackdowns on traffickers in the country there have been precious few convictions with only 202 suspects prosecuted in 2010 of whom 80 were convicted.
While the Spanish government might think that lifting the ban on advertising for brothels and prostitutes will bring in some much needed cash for its ailing economy, one wonders exactly how much in the light of the recent €100 billion bailout. A drop in the ocean perhaps or as one of the country’s bemused prostitutes might quip, a quick fix?
Posted In: The EU Smiled While Spain’s Banks Cooked the Books
Only a few years ago, Spain’s banks were seen in some policy-making circles as a model for the rest of the world. This may be hard to fathom now, considering that Spain is seeking $125 billion to bail out its ailing lenders. But back in 2008 and early 2009, Spanish regulators were riding high after their country’s banks seemed to have dodged the financial crisis with minimal losses. A big reason for their success, the regulators said, was an accounting technique called dynamic provisioning. About Jonathan Weil Jonathan Weil joined Bloomberg News as a columnist in 2007, and his columns on finance and accounting won Best in the Business awards from the Society of American Business Editors and Writers in 2009 and 2010. More about Jonathan Weil By this, they meant that Spain’s banks had set aside rainy- day loan-loss reserves on their books during boom years. The purpose, they said, was to build up a buffer in good times for use in bad times. This isn’t the way accounting standards usually work. Normally the rules say companies can record losses, or provisions, only when bad loans are specifically identified. Spanish regulators said they were trying to be countercyclical, so that any declines in lending and the broader economy would be less severe. What’s now obvious is that Spain’s banks weren’t reporting all of their losses when they should have, dynamically or otherwise. One of the catalysts for last weekend’s bailout request was the decision last month by the Bankia (BKIA) group, Spain’s third-largest lender, to restate its 2011 results to show a 3.3 billion-euro ($4.2 billion) loss rather than a 40.9 million-euro profit. Looking back, we probably should have known Spain’s banks would end up this way, and that their reported financial results bore no relation to reality. Name Calling Dynamic provisioning is a euphemism for an old balance- sheet trick called cookie-jar accounting. The point of the technique is to understate past profits and shift them into later periods, so that companies can mask volatility and bury future losses. Spain’s banks began using the method in 2000 because their regulator, the Bank of Spain, required them to. “Dynamic loan loss provisions can help deal with procyclicality in banking,” Bank of Spain’s director of financial stability, Jesus Saurina, wrote in a July 2009 paper published by the World Bank. “Their anticyclical nature enhances the resilience of both individual banks and the banking system as a whole. While there is no guarantee that they will be enough to cope with all the credit losses of a downturn, dynamic provisions have proved useful in Spain during the current financial crisis.” The danger with the technique is it can make companies look healthy when they are actually quite ill, sometimes for years, until they finally deplete their excess reserves and crash. The practice also clashed with International Financial Reporting Standards, which Spain adopted several years ago along with the rest of Europe. European Union officials knew this and let Spain proceed with its own brand of accounting anyway. One of the more candid advocates of Spain’s approach was Charlie McCreevy, the EU’s commissioner for financial services from 2004 to 2010, who previously had been Ireland’s finance minister. During an April 2009 meeting of the monitoring board that oversees the International Accounting Standards Board’s trustees, McCreevy said he knew Spain’s banks were violating the board’s rules. This was fine with him, he said. “They didn’t implement IFRS, and our regulations said from the 1st January 2005 all publicly listed companies had to implement IFRS,” McCreevy said, according to a transcript of the meeting on the monitoring board’s website. “The Spanish regulator did not do that, and he survived this. His banks have survived this crisis better than anybody else to date.” Ignoring Rules McCreevy, who at the time was the chief enforcer of EU laws affecting banking and markets, went on: “The rules did not allow the dynamic provisioning that the Spanish banks did, and the Spanish banking regulator insisted that they still have the dynamic provisioning. And they did so, but I strictly speaking should have taken action against them.” Why didn’t he take action? McCreevy said he was a fan of dynamic provisioning. “Why am I like that? Well, I’m old enough to remember when I was a young student that in my country that I know best, banks weren’t allowed to publish their results in detail,” he said. “Why? Because we felt if everybody saw the reserves, etc., it would create maybe a run on the banks.” So to sum up this way of thinking: The best system is one that lets banks hide their financial condition from the public. Barring that, it’s perfectly acceptable for banks to violate accounting standards, if that’s what it takes to navigate a crisis. The proof is that Spain’s banks survived the financial meltdown of 2008 better than most others. Except now we know they didn’t. They merely postponed their reckoning, making it inevitably more expensive. Someday maybe the world’s leaders will learn that masking losses undermines investor confidence and makes crises worse. We can only hope they don’t manage to blow up the whole financial system first.
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