Court says that Equanimity was wrongly impounded

An Indonesian court ruled this week that luxury $250m yacht Equanimity, which had been linked by US investigating authorities to an alleged corruption scandal at Malaysian state fund 1MDB, was wrongfully impounded. Authorities seized the Cayman Islands-flagged yacht in Bali in February at the request of US authorities. The court has now ordered that it…

Police say footage on cruise ship shows that woman jumped to death

A woman from Queensland who was presumed dead after falling from cruise ship Pacific Dawn (IMO 8521232) probably jumped to her death, according to local reports. Police said that security cameras recorded the final few minutes of Mrs Schofield’s life as she stood with her husband. Nothing appeared unusual until just after 16:00 on April…

Angry Chinese tourists on cruise ship stage ‘patriotic’ protest

Chinese passengers were reported to have jostled crew members while singing the Chinese national anthem after fog had forced cruise ship Norwegian Joy to stay in Shanghai port. The Chinese tourists were reportedly angry that their cruise ship had been delayed by bad weather and their protest was said to have strong nationalist overtones. The…

Australian family narrowly avoid pirate boarding off Yemen

Pirate skiffs were scared away from a private yacht off Yemen when Japanese and Pakistani warships came to the rescue. An Australian couple, with their daughter aged 11 and son aged 4, were near Yemen on a leg of their round-the-world tour when they were approached by pirates. The pirates stalked the yacht for about…

DOJ says Jho Low is trying to stop seizure of yacht

Malaysian financier Low Taek Jho, whom the US Department of Justice says has links to Malaysian state fund 1MDB, is trying to stop the US government seizing $250m yacht Equanimity in Indonesia, according to court filings, reports Reuters. The DOJ claims that Cayman Islands-flagged Equanimity was bought with money siphoned off from 1Malaysia Development Berhad…

South Korea Coast Guard rescues 163 people from ferry

The South Korean coast guard rescued 158 ferry passengers who were stranded in waters off South Korea’s south-western coast after the high-speed ferry Pink Dolphin on which they were travelling ran aground on Sunday March 25th. Five crew were also rescued. The ferry hit a rock as it tried to avoid a fishing boat amid…

Large fine for NZ passenger vessel operator

New Zealand passenger vessel operator Seafort Holdings Ltd and its sole director and shareholder, Richard John Prentice, have been fined more than NZ$93,000 after a 60-year-old passenger suffered a broken back in October 2014 on the company’s high-speed tourist excursion catamaran Mack Attack near Cape Brett, New Zealand. Raewyn Russell was seated in the front…

Specialty Program Group launches yacht and recreational charter underwriting facility

New Jersey-based specialty underwriting insurance holding company Specialty Program Group has launched Flagship Marine Underwriters, a yacht and charter recreational marine underwriting facility. Fort Lauderdale, Florida-based Flagship will specialize in global underwriting facilities for yacht, luxury yachts, and the charter yacht industry. The team will be responsible for expanding SPG’s marine product offering in the…

Crude bomb caused Mexican ferry blast

A crude explosive device caused a ferry blast that injured 26 people on February 21st in Playa del Carmen was a crude device and there was no motivation for a terrorist group to have carried out the attack, according to local prosecutors. Neither did they think that criminal gangs would have been responsible, as they…

Indonesia to hand over luxury yacht Equanimity to US

Indonesia is preparing to hand over to US authorities luxury yacht Equanimity (IMO 1012086), which was seized in Bali last month. The US Department of Justice (DoJ) is targeting assets allegedly bought with money siphoned off from Malaysian state fund 1Malaysia Development Berhad (1MDB), according to Daniel Silitonga, deputy director of economic and special crimes…

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International Shipping Week 2017