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SuperYacht Paramour (now named DE DE)

The yacht Paramour was built as Heloval by CMN Yachts in 2002. She has a steel hull with an aluminum superstructure and can accommodate 10 guests in 5 staterooms. He previous owner had her refitted in 2007 and put her up fore sale in 2010. In 2011 she was acquired by Michael O’Keeffe. At that moment the yacht had an asking price of USD 12.95 million. In 2012 Paramour was sent to Pure Superyacht Refit in Palma de Mallorca for an extensive refit. The lazarette was turned into a beach club, while a swim platform with underwater lights was added. Also a new sun deck was created with bars, a jacuzzi and a BBQ. Paramour was sold in 2015 and is now named DE DE. The yacht DE DE is not available for charter, but enquire for your ultimate charter experience on other yachts.

William Michael O’Keeffe

William Michael O’Keeffe was the owner of the yacht Paramour. O’Keeffe was co-founder and Executive Chairman of Riversdale Mining, an Australian (coal) mining company active in Africa. According to the 2009 annual accounts of Riversdale, O’Keeffe earned around USD 5 million a year. According to the documents he would receive an amount equal of 2-years salary in a ‘change of control event’. This happened in 2011, when Rio Tinto acquired Riversdale Mining for approx. US$ 3.4 billion or USD 14 per share. O’Keeffe held 6.8 million shares, so the transaction netted him USD 95 million and a USD 10 million salary payment. O’Keeffe is still active in the mining industry, through Riversdale Resources which owns coal mines in the US and Canada. He is also Chairman and CEO of Champion Iron Limited, active in iron ore exploration in Canada. O’Keeffe owns 6.3 million shares and 1 million option in Champion Iron Ore. Michael O’Keeffe is (or at least was) active in horse breading. One of his horses was named Moatize. O’Keeffe actually owns a second yacht, a 24 meter (78ft) Fairline Squadron named Moatize, which he keeps in Australia. O’Keeffe sold Paramour in 2015.

Motor yacht Paramour owned by Michael O'Keeffe

Motor yacht Paramour, owned by Australian mining tycoon Michael O’Keeffe

Luxury yacht Paramour

Luxury yacht Paramour, built as Heloval by CMN Yachts

paramour

Paramour in Cannes (2014)

Superyacht Paramour

The yacht was acquired in 2011 by Michael O’Keeffe

Michael O'Keeffe's yacht Paramour

Michael O’Keeffe was Chairman of Riversdale Mining, which was sold to Rio Tinto in 2011

fairline squasron 78 Moatize

O’Keeffe’s other yacht Moatize

new sun deck

The new sun deck

yacht Paramour refit

A new bar

new swin platform

The swimming platform

The yacht at night in Cannes

The yacht at a summer night in Cannes

Previous yacht:

Param Jamuna

Next yacht:

Party Girl

Follow the position of the yacht Paramour live