The Draak Yacht: Formerly Tranquility
The luxury yacht Draak, previously known as Tranquility, was built by the renowned Dutch shipyard Oceanco in 2014. With its striking steel hull and aluminum superstructure, the yacht measures 91.5 meters and is a testament to Oceanco’s excellence in yacht building.
Key Takeaways:
- The yacht, originally named Tranquility, was constructed by Oceanco in 2014.
- It features an interior designed by Andrew Winch, accommodating 26 guests and a crew of 28.
- The yacht was renamed Draak after being acquired by Gabe Newell, Co-Founder of Valve Corporation, in 2023.
- The yacht is estimated to have a market value of EUR 150 million, with annual running costs of $15 million.
Design and Luxury
The interior of the yacht, designed by Andrew Winch, reflects a harmonious blend of elegance and comfort. The oriental-inspired design incorporates materials such as bamboo, wenge, and gold leaf, creating an ambiance of refined luxury. The yacht’s facilities include a beach club, spa, gym, sauna, Turkish bath, and a spacious swimming pool.
Ownership and Renaming
The yacht has seen notable owners throughout its history, including the Malaysian Genting Group, who acquired it in 2019. In 2023, it was purchased by Gabe Newell, best known as the Co-Founder of Valve Corporation. Under Newell’s ownership, the yacht was renamed Draak, reflecting its bold and commanding presence.
In 2025 Gabe Newell’s new OCEANCO yacht LEVIATHAN was delivered. It was also disclosed that Newell bought the yacht-building company OCEANCO.
Performance and Specifications
Powered by twin MTU engines, Draak achieves a top speed of 20 knots with a cruising speed of 14 knots. The yacht’s spacious design accommodates 26 guests in 9 staterooms, with service provided by a professional crew of 28.
A Storied History
Originally named Tranquility, the yacht was built for Malaysian businessman Jho Low before being seized by the Indonesian government in 2018 as part of the 1MDB investigation. It was later sold to the Genting Group in 2019 and renamed. Now as Draak, the yacht continues to be a symbol of luxury and sophistication under its current owner, Gabe Newell.
Market Value
The yacht is valued at approximately EUR 150 million, with annual operational costs of around $15 million. Her combination of advanced engineering, luxurious interiors, and historical significance make her a standout in the superyacht market.
Oceanco is a luxury yacht builder based in Alblasserdam, Netherlands. The company was founded in 1987 and has become one of the most respected yacht builders in the world. It specializes in building custom-made luxury motor yachts that range in size from 80 to over 300 feet in length. Oceanco yachts are known for their exceptional craftsmanship, innovative design and use of advanced technology. The company employs a team of experienced designers, engineers, and shipbuilders who work together to create yachts that are not only beautiful but also highly functional and efficient. Notable projects include Jeff Bezos’ yacht KORU, Bravo Eugenia, and Seven Seas.
More About Info About This Yacht
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