The yacht Radiant was built by the famous Lurssen Shipyard. She was built as a sistership to Pelorus. And she was delivered to her owner in 2009. Radiant has a length of 110 meters (361ft).
She is designed by Tim Heywood with an interior by Terence Disdale and Glenn Pushelberg. She can accommodate 20 guests and a crew of 44.
It is said that the yacht has an extremely powerful water canon, so it can defend itself from (pirate) attacks.
The motor yacht is powered by 2 MTU diesel engines. Which bring her a top speed of 21 knots. She has a cruising speed of 16 knots. We estimate her range at least at 6,000nm.
The luxury yacht has a steel hull and an aluminum superstructure.
Cost of the yacht
At her delivery, she was one of the largest yachts in the world. Radiant was built for the Russian tycoon Boris Berezovsky.
He ordered the yacht at Lurssen for an amount of EUR 148.540.000. When Berezovsky ran into financial difficulties, he failed payment on installments and the construction of the yacht was delayed.
There was a contractual risk of losing the yacht if payments were not made on time.
Sold for EUR 240 million
Berezovsky asked Edmiston to sell his yacht with an asking price of EUR 350 million. Edmiston asked Merle Wood to assist in the sale.
Merle Wood contacted Al Futtaim’s captain Sean Wrigley, who forwarded the yacht’s details to the Al Futtaim family, claiming a commission of EUR 3 million if the family would actually purchase the yacht.
The Al Futtaim family negotiated the purchase with Mr. Berezovsky and agreed to purchase the yacht for EUR 240 million. Edmiston claimed a sales commission on the purchase, which Mr. Berzovsky denied to pay.
Commission Claimed by the Yacht’s Captain
In a 2011 London court decision, a commission of EUR 6.0 million was rewarded to Edmiston. Of which 70% was payable to Merle Wood.
It is unclear whether Al Futtaim’s captain received his claimed EUR 3 million.
The yacht’s owner is Abdulla al Futtaim. His son Omar Al Futtaim owns the Amels yacht Lightning.
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The boat is not available for yacht charter. And the yacht is not listed for sale.
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