The yacht Moatize was built in 1999 at Pendennis.
Moatize is powered by 2 Caterpillar Engines. Her maximum speed is 16 knots. Her cruising speed is 14 knots. She has a range of more than 6,000nm.
The motor yacht can accommodate 12 guests in 6 staterooms. She has a crew of 11. She was refitted in 2008.
In August 2019 the yacht crashed into the marine of Cairns. Due to a technical error, one of the main engines was on full power. It seems that damage was limited and no one was injured.
Who is the Owner of the Yacht MOATIZE ?
The yacht’s owner is Michael O Keeffe. Michael O’Keeffe is co-founder and former Executive Chairman of Riversdale Mining. 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.
The yacht was built as Ilona for Frank Lowy.
Later she was named Christine and Ilonka. She was sold in July 2019 to O’Keeffe, who named the yacht Moatize. She is named after one of his racehorses.
How Much is the MOATIZE Yacht?
Her value is $20 million. Her annual running costs are around $2 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.
Pendennis is a luxury yacht builder based in Falmouth, Cornwall, UK. The company was founded in 1988 and specializes in building custom-made sailing and motor yachts, with sizes ranging from 30 to over 60 meters in length. Pendennis yachts are known for their high-quality craftsmanship, attention to detail, and use of advanced technology.
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The boat is not available for yacht charter. And the yacht is not listed for sale.
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