The Chakra Yacht, built in 1963 by esteemed shipbuilders Gebr Van der Werf and thoughtfully designed by AMK Architecture & Design, epitomizes the limitless potential for transformation and luxury in the world of seafaring.
The yacht Chakra, which began its life as an ocean weather vessel, underwent a dramatic metamorphosis in the 1990s when it was converted into a superyacht. Known then as the Salem, it had its home in the beautiful Palma de Mallorca. In 2016, it received another comprehensive refit and emerged with a new identity: Chakra.
Key Takeaways
- The Chakra Yacht was initially constructed as an ocean weather vessel by Gebr Van der Werf in 1963, later converted into a luxury superyacht.
- It houses robust MAN diesel engines, providing a max speed of 15 knots and a cruising speed of 11 knots.
- The yacht can comfortably house 24 guests and a crew of 43, showcasing a perfect blend of luxury and capacity.
- The yacht is currently owned by a Saudi businessman, with both the yacht Chakra and the Austal Yacht Serenity managed by SSH Maritime.
- Chakra is valued at $60 million, with annual running costs approximated at $6 million.
Specifications
Under the hood, the Chakra yacht is powered by robust MAN diesel engines, propelling it to a max speed of 15 knots. It comfortably cruises at 11 knots and boasts a formidable range of over 3000 nautical miles.
Interior
Luxury meets capacity in Chakra’s design. The yacht can lavishly accommodate up to 24 guests and houses facilities for a crew of 43.
Ownership of the Chakra Yacht
Who owns such a marvelous vessel? Reports suggest that the Yacht Chakra is in the possession of a Saudi businessman. The yacht was initially linked to Lebanese millionaire Kheir Eddine El Jisir, although further evidence indicates that he is the owner of the Austal Yacht Serenity. It’s clear, however, that both Serenity and Chakra are managed by SSH Maritime, led by Jimmy Frangi.
We received this message:
“
Peter,
Today I refer to:
https://www.superyachtfan.com/yacht/chakra/
I will repeat to confirm, and ask that you adjust/correct your reporting.
In Re: CHAKRA (IMO: 5402863)… Kheir Eddine El Jisir is NOT the owner, (never has been)
The UBO of CHAKRA is, and has been since 2017, is James G. (Jimmy) Frangi (100%).
In Re: SERENITY (IMO: 9267510)… Kheir Eddine El Jisir through a corporate entity owns 70% of the yacht. Jimmy Frangi owns 30% of the vessel.
Both are managed by SSH Maritime, a sub-company of Royalton Investment Ltd.
Kind Regards,
William P. Gassen
”
The Value of the Chakra Yacht
Chakra carries an estimated value of $60 million. Maintaining such a sophisticated and luxurious vessel comes at an annual cost of around $6 million, reflective of its size, age, level of luxury, and the technology and materials employed in its construction.
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Yacht Charter
The boat is not available for yacht charter. And the yacht is not listed for sale.
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