The yacht H (ex Neom) was built by Oceanco in 2000. She is designed by The A Group. She was built as Al Mirqab for the prime minister of Qatar. For many years she was owned by Vijay Mallya. Who named her Indian Empress.
She was the largest yacht (95m or 311ft) to be built by Oceanco, until the delivery of Jubilee.
In 2022 she was rebuilt by Oceanco in collaboration with designer Reymond Langton.
Her length was increased from 95 meters to 105 meters. The H boat has been completely restyled with a fresh interior.
She is now known as Hull 1050H. She is registered to a company named Freedom 105 LTD and her correspondence address is based in Spain.
The yacht is powered by MTU engines. Her max speed is 24 knots. Her cruising speed is 18 knots. She has a range of more than 3000 nm.
The yacht can accommodate 32 guests and a crew of 42.
The yacht was rumored to hold two Mercedes cars on board. And several original paintings from Renoir and Chagall.
She boasts an entire deck dedicated to the master suite that includes a gym, sauna, and steam room.
Who is the Owner of the Yacht H?
The yacht’s owner is Saudi billionaire Waleed bin Ibrahim al Ibrahim.
Waleed bin Ibrahim Al-Ibrahim is the chairman and owner of MBC Group, one of the largest media companies in the Middle East and North Africa. MBC is based in Saudi Arabia.
He is also known for his philanthropy and investment activities.
He named the yacht H after his wife Hana.
This news was first published by SuperYachtFan!
See the full profile of Waleed bin Ibrahim here.
The yacht was built as Al Mirqab for Qatar-based Hamad bin Jassim al Thani.
Later she was owned by Vijay Mallya. He acquired the yacht in 2006 and renamed her Indian Empress.
How Much is the H Yacht?
Her value is $100 million. Her annual running costs are around $10 million. The price of a yacht can vary greatly depending on a number of factors, including the size, age, and level of luxury of the yacht, as well as the materials and technology used in its construction.
Sold in an Auction
In 2018 Indian Empress was sold in an auction ordered by a Maltese Court. Mallya allegedly abandoned the superyacht in the summer of 2017. He was said to owe 40 crew members and several suppliers more than $1 million. The superyacht was impounded in Malta in March of that year. That was on behalf of her creditors.
She was sold for EUR 35 million and was named NEOM. For a short while the yacht was owned by a member of the Saudi Royal Family. The yacht was named NEOM to promote the new city of NEOM.
NEOM is a proposed city in the northwest region of Saudi Arabia. It is a planned city that aims to be a hub for advanced technology and a leader in sustainable living. The city is being developed as part of Saudi Arabia’s Vision 2030 plan, which aims to diversify the country’s economy and reduce its dependence on oil.
It is linked to Crown Prince Mohammed bin Salman. Neom can roughly be translated as ‘New Future’. More here.
Later she was named H. She is owned by Waleed bin Ibrahim al Ibrahim. He named the yacht after his wife Hana.
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The boat is not available for yacht charter. And the yacht is not listed for sale.
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