The Borneo Post

Moving to Langkawi will keep up Equanimity’s value — Marine expert

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LANGKAWI: The government’s decision to keep the superyacht, Equanimity in Langkawi came as a good move to keep up the value of the vessel, a marine vessel expert told Bernama yesterday.

Tropical Charters Sdn Bhd chief executive officer, Datuk Alexander Isaac said the quality of waters in this island is pristine and cleaner, as compared to some other places in the country, thus relegating the task of maintainin­g the hull of the luxury yacht which is to be auctioned.

“We also have a shipyard here which is run by a company which had a long experience and engineerin­g expertise in handling super yachts from all around the world. Equanimity would not have to go further to get world- class maintenanc­e,” he told Bernama.

Isaac, who had been in the marine business for 12 years and operating a cruise tour company with several vessels, said Langkawi is world renowned for its yacht maintenanc­e facilities to fulfil the requiremen­ts of the Equanimity.

“Being involved in this line for

We also have a shipyard here which is run by a company which had a long experience and engineerin­g expertise in handling super yachts from all around the world.

Datuk Alexander Isaac, Tropical Charters Sdn Bhd chief executive officer

quite some time, I concur with the Prime Minister (Tun Dr Mahathir Mohamad’s recent statement) that a ship needs to be run every few days as this will avoid barnacles sticking on its hull and to keep its machinery in good running order,” he added.

Equanimity came under the limelight again when it arrived at the Royal Malaysian Navy (RMN) Region Three Base ( Mawilla 3) jetty at Bukit Malut here last Wednesday after sailing from Port Klang, drawing speculatio­ns among the public for its reason to be here.

An immediate local police response obtained by Bernama soon after the vessel’s arrival stated that it would be docked temporaril­y here, while Dr Mahathir who was in Singapore then said that the super yacht needed to sail in order to keep it in good condition.

Although the High Court had issued an order on Oct 19 that the vessel belonged to the Malaysian government and 1Malaysia Developmen­t Berhad (1MDB), he said the government would not keep it and instead, would sell it off via auction.

The Admiralty Court on Oct 26 had approved the terms and conditions for the bidding process for the vessel to commence from Oct 29 until Nov 28.

Valued at US$ 250 million ( RM1.42 billion), the Equanimity was allegedly bought by a Malaysian businessma­n, Low Taek Jho or Jho Low using money stolen from scandal-tainted 1MDB. — Bernama

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