sensation yachts

Sensation Yacht Seized In France

Sensation Yachts owner Ivan Erceg has been trying to sell the motor yacht Sensation but the 164-foot yacht has been seized by authorities in the south of France. New Zealand's Sunday Star Times describes a vivid scene with writs being attached to the mast of the yacht while it was berthed at Marseille earlier this month.

Sensation Yachts has been experiencing financial trouble for a while and Erceg has put both the yacht and his mansion on the Cote d'Azur (both of which are owned by his family trust), up for sale. He had been planning to spend time at the Cannes Film Festival and the Monaco Grand Prix seeking buyers for the house, the boat or to find investors for Sensation Yachts. Erceq inherited the partially-built yacht after his brother was killed in a car crash in 2005 and he paid for the yacht's completion with his own funds.

The yacht was launched in 2007 from the Sensation Yachts shipyard and has five guest cabins with room for a crew of nine. The luxurious yacht, which has extravagant appointments including a marble bath in the master cabin, cruises at 18 knots. The main salon has a grand piano and a bar. A formal dining room offers seating for ten and there is also ample space on deck for dining alfresco. A Jacuzzi, bar and barbecue can be found on the sunbridge. A listing with Moran yachts shows the price at 29.5 million euros.

Gallery: Sensation Yacht

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Tags: ivan erceg, IvanErceg, megayacht, new zealand, NewZealand, sensation yachts, SensationYachts

Sensation Yachts In Financial Trouble

by Deidre Woollard (RSS feed) —

Filed under: Yachts & Sailing

It looks like New Zealand yacht company Sensation Yachts is in some serious financial trouble. TVNZ reports that the Auckland-based company has to pay Russian investors more than $32 million over a deal gone bad. A $90 million contract was signed three years ago with the promise of five boats. The Russian investors paid $25 million in deposits but no boats were completed.

TVNZ goes on to reveal that Sensation's Australian boatyard in Newcastle is also floundering because they cannot afford to pay rent and keep workers. Both the Australian and New Zealand boatyards are facing increased pressure from creditors. Owner Ivan Erceg has been able to stave off creditors thus far paying just enough to keep the business afloat. Having to pay off the Russian contract could spell doom for this company which has produced some beautiful yachts including the 148-foot Maria Cha III shown above.

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Tags: new zealand, sensation yachts, yachts

Sensation Superyacht

by Nicole Weston (RSS feed) —

Filed under: Yachts & Sailing

The New Zealand-based Sensation Yachts has just finished up a $60 million superyacht called the "Sensation." This yacht is 50 meters long (164-ft.) with a 9.5-meter beam, four decks and room for 12 full-time crew members. The yacht will sleep at least 10 guests very comfortably, but can accommodate many more for entertaining.

The upper deck features an "enormous saloon," panoramic views, space for a fresco dining and a piano for entertainment. The main deck has a smaller saloon, formal dining room, kitchen and the huge owner's suite, which includes a private office, full bathroom and steam room and more than enough space for a king size bedroom suite. The lower deck has guest cabins, two of which can be combined to convert into a second suite, and the sun deck has a lounge, Jacuzzi, bar and a barbecue. Materials used throughout the ship include onyx, marble, handmade carpeting, opulent silks and carefully made furniture of french oak, cherry and madrona burl. Hand-stitched leather patterns and padding grace the walls.

In terms of power, the yacht has 3000 HP Caterpillar engines and a top speed of 22 knots. It will debut in late January in Auckland before sailing to Dubai for the Dubai International Boat Show.

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Tags: boat, boats, sensation, sensation yachts, superyacht, yacht