Saturday, December 19, 2009

Wedge Too - Feadship - De Vries - 65.00 meter - 2002

Wedge Too is a Philippe Starck designed Feadship, built by De Vries. The yacht is formally owned by Wedge Limited, based in the Cayman Islands.
Her beneficial owner is the Former Deputy Prime Minister of Lebanon, Mr. Issam M. Fares ( ), owner of the Wedge group ( The Wedge group operates for a large part from the Netherlands with companies like Wedge International Holdings B.V., Wedge Asset Management Europe B.V., Wedge Bancorp B.V. and Wedge Engineering B.V., all based in Amsterdam.
Arabian Business ( estimates the net worth of mr. Fares around USD 2.4 billion. They write the following:

The 70-year-old former Deputy Prime Minister of Lebanon, and multibillionaire, did not have much handed to him - he was a normal boy growing up in the modest farming region of North Lebanon, but he always knew that he wanted to be a successful merchant.

In 1954, at the age of 17, Issam Michael Fares left his homeland and landed a job as a clerk at catering and food services firm in Qatar. Two years later, he was heading Abela Group's finances and subsequently managing its operations in Pakistan, Kuwait, Iran, and Saudi Arabia. When he turned 38, Fares went to business for himself and established a civil engineering and construction firm, and completed many notable projects including the world's longest international bridge, which connects the island Kingdom of Bahrain to Saudi Arabia.

He then sold the company to British Aerospace, and used the proceeds to buy up Houston-based investment firm, Wedge Group, a company that he heads today. The Wedge Group has major interests in oil and gas field services, real estate, financial services, and warehousing, concerns which have been very profitable over the past few decades and netted Fares billions of dollars.

But unlike many Lebanese expatriates who struck it rich abroad, Fares decided to return to his homeland and enter the political realm. He was elected to parliament in 1996, and served as the Deputy Prime Minister until 2005.

Over the years, the outspoken financier has made his fair share of enemies, as could be expected from a multibillionaire politician, yet it is his connections and friendships that are more compelling. During his time abroad, Fares was involved in American politics and had the ears of President Bush Sr, James Baker, and the current US president. On a recent trip to Paris, he had a long meeting with former President Clinton - he also hobnobs with European royalty and politicians, and powerbrokers in the Middle East.

These days, Fares spend some of his time building his company through acquisitions, but it seems that his interests have drifted towards philanthropy. His passions lie in education; he has endowed prominent universities such as the American University of Beirut and Tufts University in Boston to promote further study of the Middle East; and he sponsored thousands of Lebanese students to study abroad. His foundation in Lebanon also provides access to healthcare in rural parts of the country and supports civic organisations promoting the creation of a democratic, non-sectarian civil society.

Despite his detractors, Fares is a self-made billionaire who remained committed to his homeland, and his hard work is benefiting his compatriots everyday.

source: writes about the yacht:
Wedge Too is a creation of the famous French designer Philippe Starck. She was the largest Feadship built at time of her launch. Her superstructures comprise harmonious round forms and high windows with wood surrounds.

The interior decoration will surprise those unaccustomed to Starck's style, as habitually, the designer mixes styles and periods. Some parts are simply beautiful, like the large lounge and owner's bedroom. Other parts suffer from a certain coldness, like the dining room...

The installation is impressive. The lower deck includes two garages for the tenders with an access towards the bathing platform in the stern, four guest staterooms (aft), the engine room (to the center) and crew quarters (forward).

The first deck accommodates the large lounge (aft), a section containing staircases, lifts, galley (to the center), the dining room and three other guest staterooms (forward).

The second deck is completely dedicated for use by the owner with a lounge (aft), the "staircases and lifts" area (to the center), a guest stateroom to starboard, the owner's dressing room to port, and the owner's panoramic suite (forward).

The third deck accommodates a panoramic lounge (aft), the "staircases and lifts" area (to the center), the captain's stateroom and the pilothouse (forward).

The sundeck accommodates a splendid Jacuzzi surrounded by a circular solarium protected by a roof.

Dethroned as the largest Feadship ever built, Wedge Too will remain forever a Starck, without compromise : some will love her, some will hate her!

Technical information:

Yacht type: Motor Yacht
Sub type: Displacement
Imo: 8989862
Call sign: ZCII
Flag: Cayman Islands

Length Overall (m): 65.00 Length Overall (ft): 213.25
Length Waterline (m): 56.62 Length Waterline (ft): 185.76
Beam (m): 11.30 Beam (ft): 37.07
Draught Max (m): 3.35 Draught Max (ft): 10.99

Shipyard: Feadship
Year: 2002
Hull: 664
Comment: Built by De Vries Scheepsbouw B.V.

Naval Architect: De Voogt Naval Architects
Exterior Designer: Philippe Starck
Interior Designer: Philippe Starck

Hull Material: Steel
Superstructure: Aluminium
Gross Tonnage: 1300

Guests: 12
Crew: 18

Engine Manufacturer: Caterpillar Inc
Model: 3512B DITA
Number of Engines: 2 Type: Diesel
HP: 2,120 KW: 1,581

Total HP: 4,240 Total KW: 3,162

Max Speed: 16 Cruise Speed: 15
Range: 4,700 Propulsion: Twin Screw

Fuel Capacity (Liters): 126,150 Fuel Capacity (Gallons): 33,329
Water Capacity (Liters): 26,400 Water Capacity (Gallons): 6,975

Source of technical information:

No comments:

Post a Comment