yalla yacht proprietario

YALLA current position and history of port calls are received by AIS. Technical specifications, tonnages and management details are derived from VesselFinder database. The data is for informational purposes only and VesselFinder is not responsible for the accuracy and reliability of YALLA data.

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YALLA Yacht – Impressive $80M Superyacht

The luxury YALLA yacht is a multi-award-winning yacht built by CRN Yachts. The YALLA was delivered from CRN’s Ancona shipyard in 2014.

The award-winning interior was designed by CRN’s interior design team in collaboration with Droulers Architecture.

Omega Architects contributed to the exterior design of the yacht. The YALLA is the very definition of a luxury experience on the water.

YALLA yacht interior

The stunning interior of the YALLA yacht was designed by Droulers Architecture in collaboration with CRN’s in-house Interiors and Design Office.

There is accommodation for 12 guests in 6 deluxe staterooms, including an owner’s suite and VIP staterooms.

The guest accommodations all have the best quality furnishings, amenities, and en-suite bathrooms.

There are facilities for 22 highly trained crew members, making the yachting experience of the highest quality for guests.

The yacht has many features that include a beach club that creates an area for indoor-outdoor living level with the water.

There is a pool, a well-equipped gym, and plenty of areas for socializing and al fresco dining opportunities.

There is an abundance of options for sunbathing on the YALLA. The garage has a limousine tender and many water toys that offer fun and action while aboard the yacht.

The interior of the YALLA yacht was a finalist for The ShowBoats Design Awards 2015 for Interior Design in a Motor Yacht over 500GT.

The exterior of the YALLA yacht was a finalist for the Naval Architecture Award on a Displacement Motor Yacht and the Exterior Design & Styling Award on a Motor Yacht over 500GT at The ShowBoats Design Awards 2015.

With its four spacious decks and sleek and sporty lines, the YALLA is an eye-catching yacht on the water. She was delivered in 2014 with a steel hull and an aluminum superstructure.

The design was penned by Omega Architects and built at the CRN shipyard in Ancona, Italy. CRN is a builder of luxury superyachts, and YALLA was a custom build for the shipyard.

Specification

The 73m YALLA yacht is powered by 2 Caterpillar engines , which gives her a top speed of 18.5 knots and a cruising speed of 12.5 knots. The YALLA has a range of 5500 nautical miles at her cruising speed.

She has a beam of 12.8m and a draft of 3.4m, with a displacement of 1709 gross tons.

She features at-anchor stabilizers that afford guests exceptional comfort levels by reducing the rolling motion of the yacht on the water.

The YALLA costs $5 – $8 Million per annum to operate.

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73m superyacht Yalla launched by CRN

Italian yacht builder CRN has launched its 73m superyacht Yalla .

CRN welcomed more than 1,000 guests to the launching ceremony of CRN 132 Yalla , held late this morning at its shipyard in Ancona, Italy. The launch ceremony included speeches from Alberto Galassi, new CEO of the Ferretti Group , Lamberto Tacoli, Chairman and CEO of CRN, Xinyu Xu, Vice-chairman of Weichai Group, and the Mayor of Ancona Valeria Mancinelli.

Part of the Ferretti Group,  CRN  specialises in custom yachts up to 90 metres in steel and aluminium. Yalla is the first yacht built by CRN on its new 12.5m beam platform. More than 430,000 hours from CRN and its subcontractors were spent on Yalla 's build, with contributions from 150 employees.

Exterior styling comes from Omega Architects in The Netherlands, in close collaboration with the CRN Engineering Department. The five-deck motor yacht features sleek, sporty lines and a streamlined profile. Superyacht Yalla 's interiors are by Droulers Architecture, working with CRN's Interiors and Design Office. She hosts up to 12 guests in its six cabins, including an owner's suite and VIP cabins, along with 22 crew members.

'Following the launch of CRN 133 61m superyacht a few months ago, we are proud to celebrate the launch of the new Yalla of 73m, which represents a challenge and an objective for the whole CRN shipyard,' says Lamberto Tacoli, Chairman and CEO of CRN. ' Yalla will mark another important result for the development of CRN in the world. A sincere thanks for the trust of the owner and for the work of all employees and subcontractors who have worked on the project, to the architects Franck Laupman of Omega Architects and to Droulers Architecture. I also thank our shareholder Weichai Group and the new CEO of the Group Alberto Galassi for their participation in this important event for CRN and for the whole Ferretti Group.'

The Ferretti Group currently has five superyachts underway at the Ancona shipyard, including the 74m CRN 131, 55m CRN 134, a Ferretti Custom Line CL 124, the 61m CRN 133 and the Riva 122 Mythos , which are at the delivery stage.

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YACHT ID NUMBER

YEAR LAUNCHED

LENGTH OVER ALL

73.00 m / 239 ft 5 in

NAVAL ARCHITECT

CRN Engineering

EXTERIOR DESIGN

INTERIOR DESIGN

Exclusive travelling in safe relaxation,

exploring shallow waters and anchoring closer to the shore

YALLA is a bespoke superyacht characterized by sleek, slender and sporty lines, which make the profile particularly streamlined. With 5 decks, M/Y she can host up to 12 guests in her six cabins, including the Owner Suite and VIP cabins, together with a crew of 22.

Specifications

HULL/ SUPERSTRUCTURE

Steel/Aluminium

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CRN Shipyard Via Enrico Mattei, 26 60125 Ancona Italy

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Ferretti S.p.A.

Tax code and VAT no. 04485970968 Registered Office Via Irma Bandiera, 62 – 47841 Cattolica (RN) Italy REA no. RN 296608 - Companies Register no. 04485970968 Share capital € 338.482.654,00 fully paid-up PEC: [email protected]

Designed by: Biasi – Tunnel Studios

Engineered by: Yodigito

YALLA a CRN Superyacht

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If you have any questions about the YALLA information page below please contact us .

YALLA hit the water in 2014 at the CRN shipyard in Ancona. She was built under the shipyard build number CRN 132 is a luxurious 73-metre displacement vessel. Her main characteristics include sleek, slender and sporty exterior lines by Omega Architects, in close collaboration with the CRN Engineering Department. Her beautifully executed interior design has been created by Droulers Architecture, with tight collaboration with the yard’s in-house Interiors and Design Office. In 2014, YALLA received an award for the ‘Best Exterior Design’ at the Invictus Yachts Trophies competition.

YALLA’s NOTABLE FEATURES: Sleek, sporty lines ~ Award-winning design by Omega Architects ~ Great socialising areas ~ Fantastic al fresco dining possibilities ~ Excellent beach club ~ Pool ~ Well-equipped gymnasium ~ Beautiful limousine tender ~ Plenty of sunbathing option

Spreading over four spacious and magnificent decks, the this 73-metre vessel offers accommodation for up to 12 guests in six deluxe staterooms overnight, including the sumptuous Owner Suite and Vip staterooms. There is also accommodation for a numerous and highly trained crew of 22 members, taking care of guests every need with exceptional attention to detail and guests on board.

YALLA Specifications

YALLA was designed with numerous exceptional design solutions to promote on board entertainment, social life and relaxation. One of the main features must be the onboard wellness situated on the lower deck, that includes a beach club, large swimming pool as well as a well-equipped fitness area.

Made of steel and aluminium, YALLA is fitter with twin Caterpillar 3512B diesel engines. She is ABS classed and MCA compliant.

Yacht Accommodation

Accommodation is spread over six beautifully appointed staterooms, including one spacious deluxe owner accommodation. All staterooms over private en suite bathroom facilities and best quality furnishings and amenities.

Amenities and Extras

Custom made limousine tender by Younique Yachts amongst others, as well as a selection of water toys for guests entertainment.

YALLA Disclaimer:

The luxury yacht YALLA displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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“We reinvented the idea of Bespoke”. 'CRN devotes maximum attention to craftsmanship and style, representing the true added value of Designed & Made in Italy products.'

73M CUSTOM SUPERYACHT | From EUR€ 553,000/wk

NAIA | From EUR€ 595,000/wk

QUANTUM OF SOLACE | From EUR€ 574,000/wk

Yacht, imo 1012220.

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• Miscellaneous

The current position of YALLA is at Aegean Sea reported 3 days ago by AIS. The vessel is en route to SCHINOUSA , sailing at a speed of 0.1 knots and expected to arrive there on Aug 8, 11:00 . The vessel YALLA (IMO 1012220, MMSI 256032000) is a Yacht built in 2014 (10 years old) and currently sailing under the flag of Malta .

Position & Voyage Data

Map position & Weather

Recent port calls, vessel particulars.

YALLA current position and history of port calls are received by AIS. Technical specifications, tonnages and management details are derived from VesselFinder database. The data is for informational purposes only and VesselFinder is not responsible for the accuracy and reliability of YALLA data.

Outstanding Dutch Pedigree

An innovation when she launched was in 2004 by CRN, Yalla comes to the market in excellent condition. With design by Omega Architects, she was the first fast displacement yacht with a top speed of 17 knots and offers excellent seaworthiness for guests. The interiors by ArtLine are in art Deco style and include a large main-deck Owner's suiter, two double guest staterooms and two twin guest cabins.

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Nine yachts Africa’s wealthiest people have owned

If you had all the money in the world, what type of yacht would you buy?

Would it be a $65-million Benetti B .NOW 68M, a $25-million 141-footer Mangusta Oceano 42, or a more subtle $5-million Sunseeker 76?

When it comes to splurging on yachts, African billionaires are not as brazen as some of their foreign counterparts.

For context: Roman Abramovich’s new superyacht, Solaris , costs an estimated $600 million. Another, lesser billionaire, vodka tycoon Yuri Shefler, who is worth $2.4 billion, according to Forbes, once owned Serene , a superyacht which he sold off in 2015 to Saudi Crown Prince Mohammed Bin Salman for a reported $550 million. The most expensive yacht ever owned by an African billionaire is arguably Illusion ­– formerly called Galactica Star – previously owned by Nigerian fugitive oil tycoon Kola Aluko. And it was reportedly worth $50 million .

Here are nine yachts that have been owned by some of Africa’s richest people of all time – some living, others, dead.

Former owner: Isabel dos Santos, Angolan  

The 49.8-meter superyacht Hayken is a custom-built Heesen yacht owned by troubled Angolan billionaire Isabel dos Santos. She reportedly acquired the yacht from London property developer Christian Candy. Hayken sports an aluminium superstructure and hydrodynamic hull that allows her to sail with minimal fuel consumption. Its exterior was designed by Frank Laupman of Omega Architects and its interior by Francesco Paszkowski. The naval architecture of the yacht was designed by Van Oossanen Naval Architects. Hayken offers accommodation for up to 12 guests across five staterooms with ensuites and a luxurious master suite. Powered by twin MTU 16V 4000 M90 diesel engines, Hayken can reach a maximum speed of 23 knots and she cruises at 17 knots.

Boadicea  

Owner: Gabriele Volpi, Nigerian

Boadicea is owned by Italian-Nigerian billionaire Gabriele Volpi, founder of Orlean Invest. The 76.6-meter yacht was initially built by Amels of Netherlands for Australian media mogul Reg Grundy. It has a beam of 14 meters, a draft of 4.2 meters and a volume of 2,191 GT. She can accommodate 16 guests and a crew of 23. She is powered by two Caterpillar engines. Boadicea can reach a maximum speed of 15 knots and a cruise speed of 13 knots.

Owner: King Mohammed VI, Moroccan

Badis I is owned by King Mohammed VI of Morocco. The 229.8-foot/70-meter custom-sail yacht was built by Perini Navi in Italy. The interior was designed by PHDesign to comfortably accommodate up to 12 guests in six cabins, which include a master suite, two VIP staterooms and three double cabins. She also has the capacity to carry up to 11 crew onboard to ensure a relaxed luxury yacht experience. Powered by 2 MTU (16V 2000 M72) 1,930-horsepower diesel engines and propelled by her twin screw propellers sailing yacht, Badis I is capable of a top speed of 17.5 knots, and comfortably cruises at 12.5 knots when powered by her engines.

Illusion, formerly known as Galactica Star

Former owner: Kola Aluko , Nigerian

Illusion, formerly known as Galactica Star, is a 65-meter/213-foot motor yacht built by Heesen. It was built for long-range cruising, with a 4,200 nautical mile range at 14 knots and a fast cruise speed in the range of 28 knots. The custom-built interior was designed by Bannenberg & Rowel and offers accommodation for up to six guests in 12 cabins, which comprises one master, one VIP and four double staterooms. Galactica Star was delivered to controversial Nigerian oil tycoon Kola Aluko in 2013, but it was seized and sold in 2019 by the U.S. government following a court-ordered seizure of Aluko’s assets due to possible connections to a continuing Nigerian oil corruption case. It was subsequently purchased by American businessman David McKenzie, head of Associated Television International.

Former owner: Mohammed Al-Fayed, Egyptian

Sokar is a luxury yacht once owned by Egyptian billionaire Mohammed Al-Fayed, the founder of Harrods department store in Knightsbridge. The 63.7-meter motor yacht was built by the Italian superyacht yard Codecasa in steel and aluminium to a design by naval architect Vincenzo Ruggiero. The yacht’s extensive accommodation provides for 18 guests in a master suite and eight double staterooms, all with en suite bathroom facilities. She is equipped with two 3,760 horsepower engines. The yacht also has a beam of 10.4 meters and a draft of 3.9 meters. Sokar was renamed Bash by its current owner, who acquired it in 2021.

Former owner: Deinde Fernandez, Nigerian

Hud Hud, formerly called Yemoja is a motor yacht with a length of 46.9 meters. It has a steel hull and aluminium superstructure and was built by Dutch shipmaker Feadship who delivered the yacht in 1994. Its first owner was the late Nigerian billionaire Deinde Fernandez. The yacht features exterior and interior design by De Voogt Naval Architects and Larvor, respectively, with naval architecture by De Voogt Naval Architects. Its features include a beam of 8.6 meters, a draft of 2.75 meters and a volume of 558 GT. It accommodates up to eight guests and 10 crew members, including the captain. The yacht Hud Hud has a steel hull and aluminium superstructure. She is powered by two Caterpillar Inc engines, which give her a cruising speed of 13.0 knots and a top speed of 14.5 knots.

Owner: Femi Otedola, Nigerian

Nana is a Sunseeker Predator 108 motor yacht owned by Nigerian billionaire Femi Otedola, the chairman of Geregu Power. The 32.91-meter motor yacht has a beam of 6.3 meters, a draft of 1.2 meters and a volume of 142 GT. It can accommodate up to eight guests and four crew members. Nana has a grp hull and grp superstructure. She is powered by three MTU engines, which give her a cruising speed of 28 knots and a top speed of 42 knots. The yacht carries 11,000 liters of fuel onboard, and 1,800 liters of water. Nana is capable of a top speed of 42 knots, and comfortably cruises at 28 knots.

Owner: Naguib Sawiris, Egyptian

Yalla, built by CRN Yacht, is owned by Egyptian billionaire Naguib Sawiris. The 73-meter yacht can accommodate 12 guests in six suites, and she has facilities for 22 crew members. Her interior was designed by Droulers Architecture, while her exterior was designed by Omega Architects. The yacht is powered by two Caterpillar engines, which bring her a top speed of 18.5 knots. Her cruise speed is 13 knots.

Owner: Aliko Dangote, Nigerian

Africa’s richest man is the owner of a Sunseeker Predator 108-foot motor yacht christened, “Mariya.” Mariya is designed to comfortably accommodate up to eight guests overnight in four cabins, comprising a master suite, one VIP stateroom and two twin cabins. Mariya is capable of a top speed of 44 knots and comfortably cruises at 30 knots.

Mfonobong Nsehe

With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. He is the editor-in-chief of Billionaires.Africa. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africa’s richest people. He was also the pioneer managing editor of Ventures Africa and built it into one of the continent’s most influential business news companies.

The private jets of 10 African billionaires

Ten family offices owned by africa’s wealthiest people, you may also like, exxaro, led by south african exec nombasa tsengwa, sees profit drop below $270 million..., africa’s richest man aliko dangote’s dangote cement launches internship program for nigerian students, south african tycoon barry swartzberg’s stake in discovery surges by $15 million, south african exec shameel joosub-led vodacom to invest over $40 million in network infrastructure, south african tycoon giovanni ravazzotti gains $18.4 million from italtile stake in just 3..., egyptian tycoon ashraf sabry leads fintech firm to $14-million profit in h1 2024.

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By SuperyachtNews 17 Jun 2014

'Saramour' delivered to owner

The 61.3m 'saramour' has been delivered by crn, from ancona, to her owner.….

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NOT FOR CHARTER *

This Yacht is not for Charter*

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YALLA yacht NOT for charter*

46.7m  /  153'3 | heesen | 2004.

Owner & Guests

Cabin Configuration

• Previous Yacht

Special Features:

• Full-beam master cabin for superior comfort
• Impressive 5,000nm range
• Two VIP cabins
• DNV (Det Norske Veritas) ✠ 1A1 LC Yacht R0 classification
• Designed for waterfront living with beach club

The 46.7m/153'3" motor yacht 'Yalla' was built by Heesen in the Netherlands at their Oss shipyard. Her interior is styled by design house Art Line and she was delivered to her owner in July 2004. This luxury vessel's exterior design is the work of Omega Architects.

Guest Accommodation

Yalla has been designed to comfortably accommodate up to 10 guests in 5 suites comprising two VIP cabins. She is also capable of carrying up to 12 crew onboard to ensure a relaxed luxury yacht experience.

Onboard Comfort & Entertainment

Her features include beach club and air conditioning.

Range & Performance

Yalla is built with a steel hull and aluminium superstructure, with teak decks. Powered by twin diesel MTU (8V 4000 M70) 8-cylinder 1,577hp engines, she comfortably cruises at 14 knots, reaches a maximum speed of 17 knots with a range of up to 5,000 nautical miles from her 60,000 litre fuel tanks. Her water tanks store around 17,000 Litres of fresh water. She was built to DNV (Det Norske Veritas) ✠ 1A1 LC Yacht R0 classification society rules, and is MCA LY2 Compliant.

*Charter Yalla Motor Yacht

Motor yacht Yalla is currently not believed to be available for private Charter. To view similar yachts for charter , or contact your Yacht Charter Broker for information about renting a luxury charter yacht.

Yalla Yacht Owner, Captain or marketing company

'Yacht Charter Fleet' is a free information service, if your yacht is available for charter please contact us with details and photos and we will update our records.

Yalla Photos

NOTE to U.S. Customs & Border Protection

M/Y Yalla

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Who is the ‘ketamine queen’ charged in matthew perry’s overdose death.

The so-called “Ketamine Queen of Los Angeles” has been charged with providing the ketamine that caused the overdose deaths of Matthew Perry and another man, according to the feds.

Jasveen Sangha, 41, earned herself the notorious nickname for allegedly selling ketamine and meth out of her North Hollywood “stash house” going back to as early as June 14, 2019, according to a California federal indictment made public Thursday.

Sangha continued to peddle the dangerous drugs until she was busted on March 19 for selling meth in a prior unrelated case. She had been out on $100,000 bond since March, court records show.

The drug queen used her North Hollywood home to “store, package, and distribute narcotics, including providing ketamine to co-conspirator [Erik] Fleming so that co-conspirator Fleming could sell it to Victim M.P.,” the indictment said, referring to Matthew Perry.

During the March raid on Sangha’s home, the feds seized 79 bottles of liquid ketamine and close to 2,000 meth pills, the New York Times first reported , citing court documents.

Now, Sangha has been charged alongside Dr. Salvador “Dr. P.” Plasencia, Dr. Mark Chavez, Perry’s personal assistant Kenneth Iwamasa, and Perry acquaintance Fleming after the “Friends” actor was found floating face down in a hot tub in his Pacific Palisades home on Oct. 28 in a death attributed to overdosing on the powerful anesthetic .

Fleming, 54, Iwamasa, 59, and Chavez, 54, have all taken plea deals.

Sangha is also charged in the new indictment for her role in the August 2019 ketamine overdose death of Cody McLaury, an Alaska native living in California who was a member of the LGBTQ community, according to his obituary .

In Perry’s death, Sangha allegedly provided Fleming with 50 vials of the drug in two separate deals in October that he ultimately gave to Perry.

First, Sangha provided Fleming with a sample of ketamine in an unmarked clear glass vial with a blue cap for Perry to try on Oct. 13, the indictment alleges. Fleming drove to her North Hollywood home to pick up the sample and then drove it to Perry’s residence, the filing claims.

The next day, Fleming went back to Sangha’s to pick up 25 vials of the drug and delivered them to Perry’s LA home, the court papers claim.

Just over a week later on Oct. 23, Fleming picked up $6,000 cash from Perry’s home to pay Sangha and the next day he went to Sangha’s to retrieve another 25 vials of the drug in exchange for the cash, the court documents allege.

Sangha threw in complimentary “ketamine lollipops” with Perry’s order because of how large it was, the indictment says.

Prosecutors allege Fleming dropped off the drug that day to Perry’s home, where Iwamasa administered “6 shots” of the drug to the actor — who made his name playing Chandler Bing on the hit comedy show.

Iwamasa continued to give Perry at least six doses a day on Oct. 25, 26 and 27 before administering the final fatal three doses on Oct. 28, the indictment charges.

Amid the bender on Oct. 25, Sangha sent Fleming a message asking if he’d be purchasing more of the drug because she and her drug source — whom she referred to as “the scientist” and “master chef” — would be out of town, the court papers claim.

Following Perry’s death, Sangha told Fleming to delete their messages from Signal and she changed the messaging app setting to automatically delete her messages, the filing alleges.

“Delete all our messages,” Sangha wrote to Fleming on Signal when news of Perry’s death hit headlines.

And after McLaury died, his family member texted Sangha telling her the ketamine she sold him had killed him.

“Within days of receiving this text, defendant Sangha confirmed that ketamine can kill by conducting a Google search for ‘can ketamine be listed as a cause of?'” the indictment alleges.

She is charged with conspiracy to distribute ketamine, maintaining a drug-involved premises, possession with intent to distribute methamphetamine, possession with intent to distribute ketamine, and five counts of distribution of ketamine.

If convicted on all counts, Sangha faces a minimum of 10 years behind bars and a maximum of life imprisonment.

Sangha is set to be arraigned alongside Plasencia in LA federal court Thursday afternoon.

A neighbor of Sangha’s, who preferred to remain anonymous, said he often saw her out late when he was coming home from his night job.

“She seemed nice and whatnot, but I kind of knew something was up. Something was going on there,” the man said.

He said other residents told him she partied and “had some sketchy people she hung around.”

“And, I work nights, so I’d come home at 4:00 and I would still hear her with people and whatnot,” he said.

Another neighbor, Jamie Jude, said he noticed “some weird characters coming in and out of their building.”

“We had people bringing in suitcases and stuff, and, just, like loud music late into the evening,” Jude explained. “And then one night, like, a couple months ago, some guy tried to bust out our door. So. Yeah, just like a little violent instance a couple of months back.”

The “17 Again” actor was found with 3.54 micrograms per milliliter of ketamine in his system — nearly three times the normal amount.

He’d been open about his addiction and mental health struggles and said he’d used ketamine therapy to help treat his depression. But his last treatment was over a week prior to his death and couldn’t have contributed to his overdose since the drug only has a half-life of three to four hours.

Sangha’s criminal defense attorneys didn’t immediately return a request for comment Thursday.

Additional reporting by Olivia Land

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Local News | Salvage efforts for LoveBug, 103-foot capsized…

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Local News | Salvage efforts for LoveBug, 103-foot capsized yacht in Anne Arundel water, set to begin Tuesday

Donjon Marine Co., the New Jersey-based firm that worked to recover the debris from the collapsed Francis Scott Key Bridge in Baltimore , has been contracted to salvage the LoveBug and deliver it to underwriters and its owner.

The Farrell 256, a 200-foot crane barge with a 120-foot boom, and the Meagan Ann, a coastal towing tug, began the roughly 40-hour journey down to the Chesapeake Bay on Sunday morning. The vessels are expected to arrive in Anne Arundel waters Tuesday morning, said Steven Newes, senior vice president of Donjon.

A second crane barge, the 250-foot Columbia NY, will arrive later, he said. The crane has a 140-foot boom, according to Donjon.

The Farrell 256 will be used to rig the LoveBug with slings, Newes said. Then, the Columbia NY will roll and lift it to an upright position. Water inside the yacht will need to be pumped out, as well.

How long the salvage will take and where the yacht will go once it’s recovered are unclear.

The Italian-built yacht was sailing south on the Chesapeake Bay from Annapolis on July 27 when it began to tip over. The Coast Guard received a mayday call at 12:36 p.m., but by the time crews arrived, the five people onboard had been rescued by a good Samaritan and a nearby towboat. Paramedics tended to two of the passengers, according to the Anne Arundel County Fire Department, but both declined to be treated.

In the weeks since the Lovebug capsized, the yacht has remained in the water in the same location between Beverly Beach and Shady Side. Though the yacht was originally resting on its starboard, or right, side, it has rolled some, Newes said.

The LoveBug is grounded in roughly 10 to 12 feet of water, said Hunter Dortenzo, a Maryland Natural Resources Police spokesperson. However, the salvage vessels are shallow enough to work in the area, Newes said.

Salvage efforts for LoveBug, 103-foot capsized yacht in Anne Arundel water begin | PHOTOS

The yacht, which cost between $110,000 and $125,000 to charter for a week, was not operating as a charter when it overturned, Dortenzo said.

The LoveBug is owned by Bees Honey LLC, a limited liability company based in the Marshall Islands, according to VesselFinder, a marine traffic site. The owner’s identity remains unclear.

The Natural Resources Police and the National Transportation Safety Board are conducting separate investigations.

Though Dortenzo was not able to speak about the Maryland agency’s investigation, he said investigators will not be able to survey the yacht or determine what caused it to capsize until it’s lifted from the water.

In the days after the capsize, a slight oil sheen was visible on the water surrounding the LoveBug. Two oil booms were placed around the yacht. No additional pollution has been reported since then, Coast Guard Petty Officer 3rd Class Christopher Bokum said Friday.

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Two billionaire mega yachts just collided off the coast of italy.

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Two of the world’s most famous luxury yachts owned by a pair of the richest people in the world collided in a fender-bender accident while anchored off the coast of Naples, Italy this week.

Mexican billionaire Ricardo Salinas Pliego's luxury yacht, Lady Moura, on July 5, 2023 .

Mexican retail and broadcasting billionaire Ricardo Salinas Pliego took to Instagram Wednesday to share a video of a sleek boat drifting toward his mega yacht Lady Moura as crew members blast the horn, scream and shout in a bid to get the crew’s attention.

The oncoming vessel, Salinas said, was the Venus luxury yacht famously built for Apple co-founder Steve Jobs and now owned by his widow, Laurene Powell Jobs.

The video shows Venus bounce off the side of the Lady Moura without breaching the ship’s hull before it drifts away backwards.

Salinas posted there was no major damage but that his ship was left with “a big scratch that’s going to be a lot to fix.”

He then told his followers to buy Apple products through his Group Elektra retail chain to help Powell Jobs pay for the damage.

Neither billionaire owner was on board the ship at the time of the crash, according to Dagens news of Media Group Denmark.

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The yacht ordered by Apple's late founder Steve Jobs named "Venus docked at the De Vries shipyard in ... [+] the Netherlands, on Oct. 29, 2012.

Crucial Quote

“I would like to know what the captain and crew were doing that they didn’t see a yacht the size of mine,” Salinas said on Instagram. “You see that there are no shortage of idiots in the world.”

Key Background

Construction began on Venus , Jobs' $120 million yacht , in 2009 and was completed three years later. The boat was designed by French industrial designer and architect Philippe Starck and was created to look like an Apple product with sleek lines and 15 tons of glass walls. Jobs himself never boarded the 78.2-meter vessel—he died before it was completed. Lady Moura has been renowned as one of the world’s most lavish yachts since it was launched in 1990. The vessel is almost 105 meters long and can accommodate 27 guests and 72 crew members.

Forbes Valuation

Powell Jobs was ranked as the 126th richest person in the world with an estimated net worth of $14.4 billion as of Thursday. She inherited much of her fortune from her late husband, Jobs, who died in 2011. She is the founder of two philanthropy organizations, the Emerson Collective and the Waverley Street Foundation, and has committed to giving billions of dollars to charitable organizations. Salinas is the heir to the publicly-traded Grupo Elektra, which was founded by his grandfather in the 1950s. He now runs the financial and retail corporation and TV Azteca, the No. 2 Mexican TV broadcaster. As of Thursday, he was ranked as the 221st richest person in the world with an estimated net worth of $10 billion.

Further Reading

Jobs’s Boat and Mexican Billionaire’s Yacht Get Into Fender Bender (Bloomberg)

Steve Jobs' Mega Yacht Wrecks Billionaire's Floating Palace (Dagens)

Billionaire Yacht Tracker (Forbes)

Real-time Billionaires (Forbes)

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