Monday, 29 July 2019

A Closer Overview of Kola Aluko's N15bn SuperYacht Galactica Star That Was Auctioned


The second Heesen largest superyacht, 65-metre Galactica Star, was announced sold on July 25, with Fraser representing the seller and Burgess representing the buyer. The vessel was listed for sale earlier this year asking $ 42,000,000, as a result of a notorious corruption case in Nigeria.

Custom-built by Dutch yard Heesen in 2013, the vessel seconds only to the builder’s 70-metre Galactica Super Nova in terms of LOA. She features exterior styling by Omega Architects, engineering by Van Oossanen & Associates, finished by interiors from the boards of Bannenberg & Rowell.

In April 2019, the vessel was offered for sale in a sealed bid arrangement, proposed by the U.S. Department of Justice and the Federal Republic of Nigeria and approved by U.S. federal court. The sale process roots back to a corruption case against two Nigerian nationals.

Allegedly, the superyacht was originally owned by Nigerian oil magnate Kolawole Aluko, who is one of four defendants accused of cheating Nigeria out of almost $1.8 billion in siphoned crude oil sales, reports The Marine News. The U.S. government also accused Aluko and another oil executive, Olajide Omokore, of laundering money in the United States and using it to acquire the yacht, among other assets.


The US and Nigerian governments received Federal Court approval to sell the arrested superyacht due to high maintenance and dockage fees, estimating the combined cost at around $170,000 per month. Managed by Fraser, the vessel was listed at $42,000,000.

Galactica Star accommodates up to 12 guests overnight in 6 cabins, comprising a master suite, 1 VIP stateroom, and 4 double cabins. She is also capable of carrying up to 13 crew onboard to ensure a relaxed luxury yacht experience.

Powered by 2 MTU 5,592 HP diesel engines and propelled by twin screw propellers, Galactica Star is capable of a top speed of 27 knots, and comfortably cruises at 24 knots. With her 90,000 fuel tanks she has a maximum range of 4,200 nautical miles at 14 knots. Her water tanks store around 30,000 litres of freshwater.

The yacht used to be popular for charter among celebrities, for instance, once rented by American music industry power couple, Jay Z and Beyonce for a holiday cruise as reported in the media.

These are some of the images of this power crusier




















Specifications

Structural
Yard : Heesen
Type : Motor yacht
Guests : 12
Crew : 13
Cabins     : 6
Length     : 65 m / 213′4″
Beam : 11.5 m / 37′9″
Draft : 3.1 m / 10′3″
Year of build : 2013
Classification : Lloyds
Displacement : Full displacement

Mechanical
Model : 20V4000M93L
Engine power : 5592 hp
Total power : 11184 hp
Maximum speed : 27 knots
Cruising speed : 24 knots

Design
Gross tonage : 984
Hull : Steel

Superstructure : Aluminium
Decking         : Teak
Interior designer : Bannenberg & Rowell
Exterior designer : Omega Architects

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