The yacht Utopia IV was built at Rossinavi in Italy. The yacht is 63 meters (207 ft) long and has a shallow draft of 2.2 meters (7.2ft).
The Rossinavi yacht Utopia IV has hit the tanker Tropic Breeze on December 24, 2021
The tanker sank but all crew and passengers were uninjured, and have been rescued
Utopia is powered by four MTU engines driving four hydro jets. Which give her a top speed of 33 knots. Her cruising speed is 26 knots. Her range is more than 2,500nm.
The luxury yacht can accommodate 12 guests and has a crew of 14. Utopia IV is designed by Enrico Gobbi.
Who is the Owner of the Yacht UTOPIA IV?
The yacht’s owner was JR Ridinger. JR Ridinger was the founder and CEO of Market America, an e-commerce company that uses a multi-level marketing model to sell a variety of products. He died in 2022. His widow Loren Ridinger listed the yacht for sale. For a while, the Ridinger family still owned the 155-foot Trinity Utopia III. But she was sold and is now named Lanida.
How Much is the UTOPIA IV Yacht?
Her value is $50 million. Her annual running costs are around $5 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.
The owner is facing legal claims from the crew, and third parties. Many crew members have legal claims against the boat for injuries and unpaid wages. The owner has refused to pay the crew’s salaries and medical bills. The ship is now for sale while there are pending judgments against the boat.
Rossinavi is a luxury yacht builder based in Viareggio, Italy. The company was founded in 2008 and specializes in building custom-made sailing and motor yachts, with sizes ranging from 30 to over 50 meters in length. Rossinavi yachts are known for their high-quality craftsmanship, attention to detail, and use of advanced technology. Notable projects include the yacht POLESTAR, HIGH POWER III, and ENDEAVOUR 2.
TEAM 4 DESIGN
Team 4 Design is a luxury design and architecture firm based in Venice, Italy, that specializes in high-end residential, and yachting projects. The company was founded in 2005 by architect and designer Enrico Gobbi. The company is known for its attention to detail and its ability to create unique and bespoke spaces that reflect the personalities of its clients. They have worked with many high-profile clients and have received numerous awards for their work. Notable projects include the Rossinavi Polestar, the ISA yacht Resilience and the Rossinavi yacht Utopia IV.
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The boat is not available for yacht charter. And in June 2021 the yacht was listed for sale.
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