| Name: | Moatize |
| Length: | 46m (150ft) |
| Guests: | 12 in 6 cabins |
| Crew: | 11 in 6 cabins |
| Builder: | Pendennis |
| Designer: | Dubois Naval Architects Ltd. |
| Interior Designer: | RWD |
| Year: | 1999 |
| Speed: | 16 knots |
| Engines: | Caterpillar |
| Volume: | 509 ton |
| IMO: | 8947840 |
| Price: | US$ 20 million |
| Annual Running Cost: | US$ 1 – 2 million |
| Owner: | Michael O’Keeffe |
| Captain: | Pls send info! |
The Moatize yacht, an epitome of luxury and grandeur, was built in 1999 by the prestigious yacht builders, Pendennis. This stunning vessel stands as a testament to exquisite craftsmanship, featuring a refined design and top-of-the-line facilities. The yacht’s diverse history and intriguing tales of ownership add to its allure, making it a fascinating subject for yacht enthusiasts and curious observers alike.
Key Takeaways:
Ensuring smooth and powerful performance, Moatize is equipped with 2 Caterpillar engines. The yacht can reach a maximum speed of 16 knots, while maintaining a comfortable cruising speed of 14 knots. This splendid vessel boasts an impressive range of over 6,000 nautical miles, making long-distance voyages an absolute breeze.
Inside the Moatize yacht, the luxury intensifies. With a capacity to accommodate 12 guests in 6 elegant staterooms, the yacht offers a perfect blend of comfort and opulence. A dedicated crew of 11 is on board to cater to guests’ every need. The yacht underwent a significant refit in 2008, further enhancing its appeal and value.
Moatize’s journey hasn’t been without incidents. In August 2019, the Moatize yacht unfortunately crashed into the marina of Cairns due to a technical error which resulted in one of the main engines running on full power. Despite the incident, the yacht emerged relatively unscathed, with limited damage and no injuries reported.
The proud owner of this luxury vessel is Michael O’Keeffe, a renowned personality in the mining industry. O’Keeffe co-founded Riversdale Mining and has held the position of Executive Chairman. His active involvement in mining extends to Riversdale Resources, owning coal mines in the US and Canada, and serving as Chairman and CEO of Champion Iron Limited, involved in iron ore exploration in Canada.
Over the years, the luxury yacht Moatize has seen a series of ownership changes, each adding a unique chapter to its history. Initially built for Frank Lowy and named Ilona, the yacht was later rechristened as Christine and Ilonka. In July 2019, O’Keeffe acquired the yacht and gave it the name Moatize, after one of his prized racehorses.
The value of Moatize is estimated at a staggering $20 million. However, ownership comes with significant annual running costs of around $2 million. The price of a yacht like Moatize can greatly depend on factors such as size, age, level of luxury, and 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. Notable projects include the schooner Adela, the 55-meter Steel, and Rebecca.
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The boat is not available for yacht charter. And the yacht is not listed for sale.
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The yacht’s interior is designed by RWD.
Redman Whitely Dixon (RWD) is a UK-based yacht design studio, established in 1984. RWD is known for its high-quality yacht design and engineering services, with a focus on performance, efficiency and safety. The company’s services include yacht design, naval architecture, interior design, project management and engineering. RWD has a reputation for creating innovative and custom-made yachts, and has worked with some of the world’s leading yacht builders and shipyards. RWD has more than 50 employees. Notable projects include the Lurssen Al Said, the Feadship Faith, and the Amels Ilona.
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