Wednesday, December 16, 2009

Mylin IV, Feadship, Royal Van Lent, 61 meter, 1992

MYLIN IV was built for the late Ted Arison, owner of Carnival Cruise Lines. The yacht is still owned by his son Micky Arison currently Chairman and CEO at Carnival Corporation. The yacht was named after Teds wife Lin and was his fourth and last yacht.

Forbes writes about Micky Arison: Cruise captain sailing against stiff currents as cash-strapped consumers, global pandemics eat away at Carnival's profits. Cheap prices forced half-year revenues down 11% to $5.8 billion; swine flu scare forced 27 ships to reroute away from Mexican ports this spring. Israeli-American took over boat business from father Ted 1990. Today operates 93 ships under 11 brands, including Cunard, Princess, Holland America. Company claims 225,000 people are sailing on its flagship fleet at any given time. Also owns pro basketball's Miami Heat.

According to company information Micky Arison and his family hold approximaltely 36% of the outstanding common stock which represents approximately 28% of the voting power.
He personnally holds 188,031,357 shares(30%). At current (December 2009) stockprices of USD 32 this represents approximately USD 6 billion. Next to this he is benifical owner, through the Nickel 1994 B Trust of another 106,114,284 shares.

His 2008 total compensation amounts to USD 8,497,576, down from USD 9,750,215 in 2007.

Technical information:

Yacht type: Motor Yacht
SYT#: Y00625

Length Overall (m): 61.00 Length Overall (ft): 200.13
Length Waterline (m): 53.20 Length Waterline (ft): 174.54
Beam (m): 9.75 Beam (ft): 31.99
Draught Max (m): 3.00 Draught Max (ft): 9.84

Shipyard: Feadship
Year: 1992
Hull: 768
Comment: Built by Feadship member Royal Van Lent.

Naval Architect: De Voogt Naval Architects
Exterior Designer: De Voogt Naval Architects
Interior Designer: Donald Starkey Designs

Hull Material: Steel
Superstructure: Aluminium
Displacement: 800
Class Comments: Lloyds +100A1, LMC, UMC MCA: No

Guest Cabins: 1 Owner's cabin, 2 Double cabins, 2 Twin cabins
Guests: 8 Max Charter Guests:
Crew Cabins: Crew: 16

Engines: 2 x 3755 HP MTU 12V1163TB63 diesels
Max Speed: 20 Cruise Speed: 16
Range: 4,000
Propulsion: Twin screw

Fuel Capacity (Liters): 12,000 Fuel Capacity (Gallons): 3,170
Water Capacity (Liters): 50,000 Water Capacity (Gallons): 13,210
Source of technical information:

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