natita yacht

• YACHTS FOR CHARTER
• DESTINATIONS

NATITA, YACHT FOR CHARTER

INQUIRE ABOUT NATITA

‘Natita’ is a 216.54ft  /66m  motor yacht, custom built in 2005 by Oceanco and last refitted in 2007.

Previously named Dilbar, her impressive interior is by Alberto Pinto and her exterior styling is by Oceanco.

Natita’s interior layout sleeps up to 12 guests in 6 rooms, including a master suite, 1 VIP stateroom, 2 double cabins and 2 twin cabins. She is also capable of carrying up to 18 crew onboard to ensure a relaxed luxury yacht experience.

Each cabin is well appointed and offers the ideal place to rest after a long day of exploration.

You’ll find an array of leisure and entertainment facilities onboard, making her ideal for entertaining friends and family on your charter vacation. There’s lots of space for enjoying an alfresco lunch or dinner on deck, or simply lounging in the sunshine and working on your tan.

Natita is built to comply to both MCA and Lloyds Register standards, and she has a cruising speed of 12 knots, a maximum speed of 16 knots and a range of 4,500nm from 180,000litre fuel tanks.

This impressive yacht comes complete with a modern stabilization system to reduce roll motion even during rough seas, and the yacht also has ‘at anchor stabilizers’ to keep things smooth even at anchor/zero speed.

A Jacuzzi on deck is just perfect for relaxing with friends and family, while taking in the breath-taking scenery after a long day of exploration.

Wi-Fi connection is available throughout, so you’ll be able to stay connected while you’re away, great for business, checking emails or sharing your experience on social media.

A gym onboard, equipped with the latest exercise equipment, means you’ll be able to work out at sea.

Air conditioning keeps conditions comfortable throughout the cabins, even on the hottest of days or nights.

Toys onboard include 2 x 3 seat Yamaha FX1200 Jet-Skis, Inflatable Water toys, Wake Board, Water-Skis, Paddleboards, Seabobs, and Waterslide, ideal for keeping guests entertained as you sail in style.

Natita Photos & Videos

Natita features & pricing.

• AIR CONDITIONING • BEACH CLUB • DECK JACUZZI • GYM • HELIPAD • INFLATABLES • JET SKI • MOVIE THEATRE • PADDLEBOARD • SATELLITE TV • SEABOB • SPA • STABILIZERS • VIDEO-ON-DEMAND • WAKEBOARD • WATER SKI • WATER SLIDE • WI FI

CHARTER RATES

1 x 26.25ft /8m Royal Denship Sports Tender open 1 x 30.51ft /9.3m Royal Denship Limo Tender Royal Denship 1 x 16.40ft /5m Nautica Jet RIB 1 x Zodiac Rescue Boat

2 x 3 seat Yamaha FX1200 Jet-Skis Inflatable water toys Wake Board Water-Skis Paddleboards Seabobs Waterslide

CHARTER NATITA

Similar luxury yachts for charter in.

€75,000/wk 130.91ft /39.9m 10 Guests 5 Cabins 7 Crew

$35,000/wk 79.99ft /24.38m 6 Guests 3 Cabins 4 Crew

The Wellesley II

€55,000/wk 106.30ft /32.4m 10 Guests 4 Cabins 5 Crew

Reeges Dream

82.02ft /25m 8 Guests 4 Cabins 4 Crew

€45,000/wk 89.40ft /27.25m 8 Guests 4 Cabins 4 Crew

Esma Sultan II

€10,000/wk 78.74ft /24m 8 Guests 4 Cabins Crew

€40,000/wk 95.14ft /29m 10 Guests 4 Cabins 4 Crew

€7,250/wk 98.43ft /30m Guests Cabins Crew

€17,750/wk 70.01ft /21.34m 6 Guests 3 Cabins 2 Crew

Halis Temel

€17,500/wk 134.51ft /41m 24 Guests 12 Cabins Crew

78.74ft /24m 8 Guests 4 Cabins 4 Crew

€50,000/wk 91.86ft /28m 8 Guests 4 Cabins 4 Crew

€23,000/wk 75.98ft /23.16m 6 Guests 3 Cabins 3 Crew

€60,000/wk 101.71ft /31m 9 Guests 4 Cabins 3 Crew

Decompression

$40,000/wk 102.99ft /31.39m 8 Guests 4 Cabins 3 Crew

€45,000/wk 108.27ft /33m 9 Guests 4 Cabins 7 Crew

Atlantik III

€8,200/wk 78.74ft /24m 12 Guests 6 Cabins 3 Crew

$945,000/wk 280.84ft /85.6m 12 Guests 8 Cabins 28 Crew

€21,600/wk 72.01ft /21.95m 8 Guests 3 Cabins 2 Crew

€7,488/wk 95.14ft /29m 12 Guests 6 Cabins 4 Crew

$58,000/wk 98.43ft /30m Guests Cabins 7 Crew

Jax of Ibiza

€42,000/wk 92.39ft /28.16m 8 Guests 4 Cabins 3 Crew

Big Change II

€87,500/wk 125.10ft /38.13m 11 Guests 5 Cabins 9 Crew

Sovereign Lady

$69,000/wk 118.11ft /36m 12 Guests 6 Cabins 6 Crew

89.99ft /27.43m 7 Guests 3 Cabins 3 Crew

$60,000/wk 121.39ft /37m 10 Guests 5 Cabins 6 Crew

€98,000/wk 130.09ft /39.65m 9 Guests 4 Cabins 6 Crew

€42,000/wk 104.99ft /32m 8 Guests 4 Cabins 5 Crew

Sailing Nour

€45,000/wk 121.39ft /37m 8 Guests 4 Cabins 5 Crew

88.58ft /27m 8 Guests 4 Cabins 3 Crew

You are using an outdated browser. Please upgrade your browser or activate Google Chrome Frame to improve your experience.

• Link to search page
• US: +1 (561) 833 4462
• US: +1 (206) 209-1920
• MC: +377 99 90 74 63

NATITA | 216’6" (65.99m) OCEANCO 2005

Worth Avenue Yachts is pleased to announce the listing of NATITA, new to the market for the first time in six years. NATITA, at 1801 GRT, has the volume of a much larger yacht than her 66m (216 feet), boasting 700sqm/7500sqft of owner and guest accommodations.

She really stands out from other yachts with her full-beam 12m (39 feet) master suite, additional VIP and 4 guest cabins. There are 2 other cabins that can be used by overflow guests, kids or owner’s staff as needed. All of this space is wrapped in an exquisite Alberto Pinto interior that gives one a feeling of pure luxury. NATITA is a fully custom yacht with features that make her unique in many ways, from her canoe sternd to her enormous bow.

She was originally built by a very knowledgeable yachtsman to extremely high Northern European standards. Only the best engineering, finish and design were utilized in her construction. NATITA is meticulously maintained by her incredible captains and crew at the request of the owner who insists on perfection.

More About LUNA B

LUNA B Yacht

Motoryacht luna b.

The LUNA B yacht is a 216.5ft / 66m luxury yacht built and launched by yacht builder Oceanco . Delivered to a proud yacht owner in 2005 and refit in 2019, this luxury yacht sleeps up to 16 guests in 8 staterooms and has accommodations for 24 crew. She has a beam of 39ft / 11.9m, a draft of 16.4ft / 5m, and she measures in at 1,801 gross tons. Her hull is steel and her decks are teak. Her max speed is 15 knots and cruising speed is 13 knots. She is propelled by Deutz engines at 3,016 hp each. Her interior design is by Alberto Pinto with exterior styling by Oceanco .

Download PDF Brochure

Download PDF Brochure  ,

• Specifications

Page Contents

• LUNA B yacht location
• Yachts for sale

Contact: Merle Wood & Associates | web(Contact us at)merlewood.com | +1.954.525.5111

* Not offered for sale or charter to U.S. residents while in U.S. waters unless under a boat show bond or in an FTZ.

Related    Yacht Ownership   |  Why Buy A Yacht   |   How To Buy A Yacht   |  Build Your Own Yacht

LUNA B Yacht Photos

View the photo gallery page to browse all the LUNA B yacht photos , including interior and exterior images.

LUNA B Yacht Video

View the LUNA B yacht video .   ,

LUNA B Yacht Price & Rate

Eur usd gbp sar cny brl chf rub aud.

select a currency

ASKING PRICE

Send Enquiry

CHARTER RATE

When it comes to purchasing a luxury yacht, like the yachts themselves, pricing may vary greatly. In the event there is no LUNA B yacht price , the industry knowledge of Merle Wood & Associates will help you with everything you need to know in order to make the right decisions when buying a luxury yacht. If you’d like to know the availability of the LUNA B yacht for charter and the weekly rate, view the LUNA B yacht charter price and summary .

LUNA B Amenities & Features

Water Sports & Tenders

Features & Entertainment

For a complete list of amenities available or for a first-hand review of the LUNA B yacht, simply request assistance from our qualified luxury yacht brokers. Our team of yacht specialists travel the world visiting and experiencing yachts for sale and not for sale. Because of this, they have expert knowledge about every yacht, and can provide further details about the features, amenities and condition of the most notable yachts on the water.

LUNA B Yacht Specifications

MORE DETAILS

We provide accurate specifications, details and current information on yachts for sale around the world. Read the detailed LUNA B yacht specs and analysis.

LUNA B Yacht Location

In Western Mediterranean

Read more about the cruising grounds, winter or summer itinerary and the last known LUNA B yacht location .

LUNA B Yacht Enquiry

For more information or to enquire about the LUNA B luxury yacht, simply contact a qualified yacht broker at Merle Wood & Associates for assistance.

• 1-954-525-5111
• web(Contact us at)merlewood.com
•   About us

I'm interested in:

Chartering a yacht Buying a yacht Selling a yacht Charter marketing Building a yacht Other

Please leave this field empty.

More Yachts For Sale & For Charter

Luxury Yachts

The LUNA B has been displayed to provide our visitors the most current and accurate data for this luxury yacht. If you would like to report an error or have additional information, including photos and video, related to the LUNA B, please contact our luxury yacht intelligence team .

At Merle Wood & Associates, we focus on providing the best user experience throughout our website for our visitors. We achieve this by using cookies, which store a little information from your browser. If you would like to learn more, please see our privacy and cookies policy .

• Yacht Search
• Charter a Yacht
• Buy A Yacht
• Build a Yacht
• Sell a Yacht

Your Name (required)

Your Message

Please call me Please email me

Your Phone (required)

CANCEL Please leave this field empty.

By SuperyachtNews 18 Aug 2017

Lessons to learn from Goldman Sachs seizing 66m superyacht 'Natita'

In light of goldman sachs seizing william kallop's 66m superyacht natita, we explore the risks that banks face when lending against superyachts.….

Following the news that William Kallop, the American oil mogul, has had his 66m Oceanco-built superyacht, motoryacht Natita, seized by the US branch of Goldman Sachs, we explore whether or not there are lessons to be learned beyond the wisdom that it is always a good idea to repay debts owed to powerful financial institutions. Natita is one of three superyachts owned by Kallop, the other two being 57m motoryacht Bad Girl and a 28m vessel previously used by John F. Kenny, former president of the United States.

The story begins with Kallop borrowing $32 million from Goldman Sachs against Natita and Bad Girl. This form of borrowing, often referred to as a ‘wealth loan’, is becoming increasingly popular with the world’s super rich. Do you want to add a fifth mega-mansion to your portfolio, but your cash is tied up in assets? Why not lend money from a bank against your Picasso, classic Ferrari or superyacht as a security?

According to Goldman Sachs, in November 2016, with $28 million still to pay, Kallop stopped financing the repayments of his loan, eventually leading him to default on the loan and cause Goldman Sachs to take legal action. Upon filing a suit with the Miami federal court, Natita was seized at a marina in West Palm Beach. Three of Natita’s crewmembers were also victorious in the court of law, earning $90,000 in back pay from their time on board. 

Natita was then put on the market for an asking price of $57.5 million, only to have her priced reduced to $52 million that very same year. Subsequently, Natita has undergone a series of price reductions that have left her at the current asking price of $39.9 million, with no takers. The wider media has speculated that Natita will, most likely, be put up for auction.

It is easy to see why banks are becoming increasingly attracted to wealth loans. If the loan period proves to be successful, the financial institution turns a healthy profit, as with a traditional loan, as well as managing to please, and retain the custom of, an extremely wealthy individual. Equally, if the borrower reneges on the agreement the lender may be left with an asset that is far more valuable than the sum of the remaining loan. However, superyachts are not classic cars, art or jewellery and, more so than the former, estimations of value and realistic resale periods can be, at best, contestable.

“For the banks, the risk of superyacht lending is the fact that valuations can be somewhat of a dark art,” explains Leon Batchelor, managing director of Arc&Co. Marine & Aviation. “Nobody really knows what the value of a yacht is – its value is whatever someone will pay for it. That’s why a lot of banks restrict what they will lend against to a specific number of shipyards. So, from the banks’ perspective, the amortisation of the loan may not be quick enough to keep pace with depreciation.

“Secondly, the superyachts are movable assets. Lending against a superyacht will require a certain degree of compliance on the part of the borrower. The banks will be concerned that the vessel could be moved to a jurisdiction within which it becomes impossible to get hold of. The bank will need to limit where the yacht can be used.”

It would be remiss of me to claim that loaning against luxury securities in general does not carry an element of risk. But, unlike other assets, it is extremely rare for a superyacht to appreciate in value – the longer you sit on a yacht ,the less it is worth – and the yearly costs of attempting to stop a vessel from falling into disrepair can be significant. Superyachts, at the end of the day, are loss-making assets apart from the lucky few and, as such, may not necessarily be the most suitable of assets to lend against.

That being said, with only $28 million still to recoup on the loan and a current asking price of $39.9 million, Goldman Sachs is still able to profit substantially from the collapse of the initial agreement. However, sources close to the sale of the vessel have suggested that Natita is proving difficult to sell, partly due to its poor condition, and partly due to its physical makeup. With a draft of five metres, Natita is unsuitable for the US’ most desirable anchorages and her unique canoe stern profile is not exactly the flavour of the month. Her deep draft suggests that the best market for Natita would most likely be Europe. But, yet again, getting her there will incur a significant cost.

Still, all it takes is one wealthy individual to take a fancy and the Natita nightmare becomes a fairy tale, for all accept William Kallop. 

Profile links

Join the discussion

To post comments please Sign in or Register

When commenting please follow our house rules

Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here .

Related news

The blame game and the French superyacht market

Is the French superyacht market right to blame changing regulations for its declining revenues or does that ignore a host of other factors?

7 years ago

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

Sign up to the SuperyachtNews Bulletin

The superyachtnews app.

Follow us on

Media Pack Request

Please select exactly what you would like to receive from us by ticking the boxes below:

SuperyachtNews.com

Register to comment

FAR FROM IT Richmond Yachts | From US$ 160,000/wk

• Inspiration

FAR FROM IT has 192 Photos

Windward Islands

Far from it news.

43m Richmond Yacht FAR FROM IT ...

Similar yachts.

TITIAN PEARL | From EUR€ 160,000/wk

• Yachts >
• Charter Yachts >
• Motor Yachts Over 100ft/30m for Charter >
• FAR FROM IT

FAR FROM IT Richmond Yachts | From US$ 160,000 /wk

Motor yacht FAR FROM IT (previously Natita II, Richmond Lady) is a 43.28 m (142') superyacht built by Richmond Yachts in 2008 with a last refit in 2019. Her naval architecture is by Ward Setzer, and she offers accommodation for up to 10 charter guests.

NOTABLE FEATURES: ~ Formal & alfresco dining areas ~ Fantastic A/V entertainment system ~ Spanned over three deck exterior spaces ~ Spa pool ~ Sun pads ~ Ample lounge areas ~ Exercise equipment ~ Swim platform ~ Two tenders, diving equipment & water toys The main salon is stylish and timeless. The lounge area features two sumptuous sofas, custom designed cocktail tables, and an occasional plush chair. A bespoke etched compass rose on the ceiling above provides elegant lighting, while power drapes ensure optimum privacy. A state of the art entertainment center separates the formal dining area from the main salon. This system includes a fixed 52' LCD TV, Denon tuner/amplifier, DVD player, media music center and Satellite Receiver.

VIDEO FO SUPERYACHT FAR FROM IT

Her formal dining area is forward of the salon and features a mahogany dining table with seating for ten guests; space is complemented by superb Sapele and Pomele woodwork. Overhead of the formal dining table, is a stunning French Gold Finish and White Murano Glass chandelier, while a beautiful curved gold and sapphire glass water wall is a beautiful feature, offering ambient lighting.

Winding stairs lead from the main salon up to the sky lounge foyer with access to another day head, pilothouse, and VIP stateroom. The sky lounge is capacious and has two large leather sofas, occasional leather chairs, an impressive granite wet bar with stool seating. The entertainment center includes 52" LCD TV, Denon receiver-amplifier, DVD, CD, media computer center and Karaoke. The sky lounge also features power drapes. The FAR FROM IT yacht can accommodate up to 10 guests in 5 cabins including a full beam Master suite located on the main deck with King Sized bed. Plus 4 Guest rooms lower deck, comprised of 3 queens sized cabins. Two of which are a mirror image and offer a shower room and bathroom ensuite, one queen cabin has a shower room. The twin cabin has single beds and a shower room ensuite.

The exterior living is well-appointed over three generous decks. The main aft deck offers ample seating and convertible cocktail to the alfresco dining table, perfect for any occasion. Included on the aft deck is a custom teak and granite topped full-service wet bar and flip-down 50" LCD TV. The aft deck gives way to the full beam extended swim platform and inviting teak beach.

FAR FROM IT Specifications

Aft of the sky lounge, the upper deck, features a teak table with a compass rose inlay that is also duplicated on the ceiling, seating ten guests. The aft deck has additional exterior lounge seating and coffee tables and is an excellent choice for entertaining and relaxing.

The Sundeck boasts a half-moon shaped wet bar wrapping around the Spa Pool hot tub, with four comfortable bar stools. The large heated 60 Jet Spa Pool is built in under the arch section. An air-conditioned day head is conveniently located for all guests. Further aft on the sundeck is four chaise lounge chairs, while forward are four large seating areas (two facing forward and two facing stern) with teak tables and custom umbrellas. A full entertainment system on the sundeck offers a 50' plasma TV which is fully remote controlled and can display all ship systems, radar displays, chart plotter, DVD or Satellite TV with full surround sound.

Yacht Charter Accommodation

Accommodation is in 5 cabins, for up to 10 charter guests. This includes a full beam Master suite located on main deck with King Sized bed, built in desk and bookshelf/office area with computer center and a Subzero 2 drawer refreshment center. There is lounge on the starboard side and dresser with vanity on port and large walk in wardrobe. A full entertainment system is hidden in cabinetry opposite the bed. His and her bathrooms are located forward of the king size bed, his with dual head shower and steamer, hers with a large Spa Pool tub. On the lower deck are 4 Guest cabins, 2 doubles with queen size beds, shower room and bathroom ensuite, 1 double with queen size bed and shower ensuite, plus 1 twin with shower room ensuite.

Charter Amenities and Extras

Tenders & Toys: ~ 33' Boston Whaler (NEW 2017) ~ 18' (5.7m) RIB with 115 hp Yamaha ~ Water slide ~ Electric Lift Foil ~ (2) SeaDoo Spark Wave runners ~ (2) SeaBobs ~ (2) Paddleboards ~ (2) Wakeboards (men and women) ~ (2) Kayaks - one person each ~ Water skis ~ Dive compressor ~ Snorkel gear ~ Towable Toys ~ Floating Mini Golf Set ~ Fishing equipment // Audio Visual Equipment and Deck Facilities: Equipped with SONAS music system and Apple TV throughout the vessel. Every cabin has a TV, with four in the master suite, aft deck, upper aft deck, sky lounge and salon. // Communications: VSAT // Gym equipment: ~ Yoga Mats ~ Light Weights ~ Kettle Bells ~ Resistance Bands ~ Nordic Trac Bike Trainer

Charter Yacht Disclaimer

This document is not contractual. The yacht charters and their particulars displayed in the results above are displayed in good faith and whilst believed to be correct are not guaranteed. CharterWorld Limited does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information and/or images displayed. All information is subject to change without notice and is without warrantee. A professional CharterWorld yacht charter consultant will discuss each charter during your charter selection process. Starting prices are shown in a range of currencies for a one-week charter, unless otherwise marked. Exact pricing and other details will be confirmed on the particular charter contract. Just follow the "reserve this yacht charter" link for your chosen yacht charter or contact us and someone from the CharterWorld team will be in touch shortly.

FAR FROM IT Enquiry

Hi Amanda, We all had an amazing trip! The whole experience exceeded all my expectations. The crew were all great, friendly and accommodating. We definitely could not have asked for better. They were all a pleasure. I cannot say enough. The yacht itself was in perfect condition as well. It was by far the best and most memorable vacation for all. If you have any specific questions, I am happy to answer them. JD MY FAR FROM IT / Exumas / June 25 – July 2

OASIS | From EUR€ 160,000/wk

HOM | From US$ 160,000/wk

Lady Trudy | From EUR€ 160,000/wk

Find anything, super fast.

• Destinations
• Documentaries

Luna B READ LISTING DISCLAIMER

Luna B is a 66m/216ft 1801 GRT motor yacht, custom built in 2005 by Oceanco. Previously DILBAR, she was built to the highest standards offered in the yachting industry. NATITA was purchased in 2009 by an experienced yachtsman and has been immaculately maintained by her captain and crew ever since. She has most recently undergone a full rebuild in 2018/20.

Accommodation

Able to welcome up to 16 guests, her 19 crew combine experience with world-class service. Accommodation includes the large Master cabin, VIP, four doubles and two extra cabins for guests or staff. The full beam Master stateroom is a stand out space that features its own distinct saloon area, with double-sided drop-down television screen, and adjoining private office.

The particulars on this page are a general guide to give a broad description of the yacht. They are not intended to constitute part of an offer or contract. All prices, photographs, measurements, plans and specifications referred to are given as a guide only and should not be relied upon for the purchase of this yacht. The copyright of all details, photographs and deckplans remains the property of their respectful owners.

I agree to the Terms and Conditions and Privacy Policy .

+44 207 193 4892

+1 954 376 3282

Listed  Price $ €

Current location:.

The global authority in superyachting

• NEWSLETTERS
• Yachts Home
• The Superyacht Directory
• Yacht Reports
• Brokerage News
• The largest yachts in the world
• The Register
• Yacht Advice
• Yacht Design
• 12m to 24m yachts
• Monaco Yacht Show
• Builder Directory
• Designer Directory
• Interior Design Directory
• Naval Architect Directory
• Yachts for sale home
• Motor yachts
• Sailing yachts
• Explorer yachts
• Classic yachts
• Sale Broker Directory
• Charter Home
• Yachts for Charter
• Charter Destinations
• Charter Broker Directory
• Destinations Home
• Mediterranean
• South Pacific
• Rest of the World
• Boat Life Home
• Owners' Experiences
• Conservation and Philanthropy
• Interiors Suppliers
• Owners' Club
• Captains' Club
• BOAT Showcase
• Boat Presents
• Events Home
• World Superyacht Awards
• Superyacht Design Festival
• Design and Innovation Awards
• Young Designer of the Year Award
• Artistry and Craft Awards
• Explorer Yachts Summit
• Ocean Talks
• The Ocean Awards
• BOAT Connect
• Between the bays
• Golf Invitational
• BOATPro Home
• Superyacht Insight
• Global Order Book
• Premium Content
• Product Features
• Testimonials
• Pricing Plan
• Tenders & Equipment

Oceanco yacht Natita seized by US officials

The 66 metre superyacht Natita has been seized by US officials after her owner failed to service his loans to US bank Goldman Sachs.

The Wall Street Journal reports that a $32million loan was taken out in 2014 with Natita and the owner’s other yacht, the 57 metre Bad Girl , used as collateral. US Federal Marshals seized the larger yacht earlier this month and she is being impounded at her berth in West Palm Beach, Florida.

Natita is currently listed for sale with Burgess and Worth Avenue Yachts , asking $39.9million after a major price drop back in March . When contacted by Boat International , the brokers confirmed the news, but added that the steel-hulled motor yacht is still seriously for sale.

Built to Lloyd’s Registry standards as Oceanco Y661 and launched in 2005 bearing the name Dilbar , Natita features accommodation for 12 guests in six staterooms and room for 22 crewmembers. Refitted in 2012, her interior décor is by the late Alberto Pinto and she boasts an on-board cinema, helipad and a large internal volume of 1,801GT.

Twin 3,015hp Deutz-MWM SBV12 M628 diesel engines power her to a top speed of 16.5 knots and when trimmed back to her cruising speed of 14 knots she has a range of 6,000 nautical miles, thanks to a total fuel reserve of 216,000 litres.

The fate of Natita remains uncertain, with Fortune claiming that she will be auctioned off to repay the bank’s loan.

Sign up to BOAT Briefing email

Latest news, brokerage headlines and yacht exclusives, every weekday

By signing up for BOAT newsletters, you agree to our Terms of Use and our Privacy Policy .

More about this yacht

Similar yachts for sale, yachts for charter, more stories, most popular, from our partners, sponsored listings.

• Updated Terms of Use
• New Privacy Policy
• Your Privacy Choices
• Closed Captioning Policy

Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by  Factset . Powered and implemented by  FactSet Digital Solutions .  Legal Statement .

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. FAQ - New Privacy Policy

Why Goldman Sachs seized a client's 217-foot yacht

Goldman Sachs Group Inc. (NYSE:GS) owns hundreds of billions of dollars of stocks, bonds and commodities. Add to its portfolio: a 217-foot luxury yacht called "Natita."

The story behind the boat begins with a 2014 loan to a prized Goldman client, billionaire Texas oilman William Kallop. It ends with Goldman suing its own client and the U.S. Marshals last month swooping down on a West Palm Beach marina to impound the yacht -- which boasts of a movie theater, Jacuzzi and helipad.

Goldman's nautical trophy is a strange but inevitable outcome of Wall Street's latest gold rush: lending to wealthy clients, the loans backed by everything from Warhols to wine.

These loans, which are growing quickly at firms such as Goldman, Morgan Stanley and UBS Group AG, are an exotic spin on the most basic thing banks do: lending money to people. They have the added benefit of building loyalty among prized, ultrawealthy clientele.

More From FOXBusiness.com...

Like any loans, though, they can go bad and leave banks holding assets that aren't easy to value or sell. Goldman will likely auction "Natita," which already has been on the market for almost two years with no takers.

A Goldman spokesman declined to comment on the case. Mr. Kallop didn't respond to requests for comment. A lawyer for Mr. Kallop declined to comment.

"If you do it right, it's a great business and clients will absolutely love you for it," said Bruce Holley, a partner at the Boston Consulting Group who advises private banks on wealth-management strategy. "But there are a lot of ways to mess up."

Banks pushed wealth lending in recent years against a backdrop of increasing deposits and tepid demand for traditional loans. Goldman's private bank has quadrupled its overall lending balances since 2012 to $29 billion. Morgan Stanley wealth-loan balances are up 420% since 2012 to $74 billion.

The largest chunk of wealth loans are mortgages and loans backed by stock portfolios. A smaller but growing segment is secured by valuables such as classic cars, hedge-fund stakes, and even rare violins.

Wealth loans are especially profitable for banks because the revenue they generate is shared less generously with brokers than trading commissions and other fees.

Banks say these loans are safe because they already know the borrowers, their assets, and their ability to repay. And unlike, say, credit cards, these loans have collateral and often a personal guarantee as well. Goldman said in a February filing that the value of collateral in its wealth loans "generally exceed[s]" the loan amount.

Morgan Stanley and Deutsche Bank AG have lent against the art collection of hedge-fund billionaire Steven A. Cohen, who owns works by Andy Warhol and Pablo Picasso, according to Connecticut state filings. Top Blackstone Group LP executives including founder Steve Schwarzman have borrowed from UBS against their stakes in the private-equity firms' funds, New York filings show.

Goldman lent to natural gas wildcatter Aubrey McClendon against his wine collection, according to an Oklahoma filing. Executives joked the collateral was "particularly liquid." After Mr. McClendon's death in 2015, the collection -- heavy on rare Bordeaux -- was auctioned for $8.4 million. Goldman made its money back.

Although not as well-known as those borrowers, Mr. Kallop was the kind of client who private banks court.

In the 1970s, he joined a family-owned marine-services company called McAllister Towing & Transportation. A legal dispute in 1993 resulted in a split of the company. The tugboat and ferry operations stayed with the family. Mr. Kallop took the offshore oil business, which he built over the next two decades into a portfolio of drilling rights, rig operators and construction arms.

He sold the business for nearly $1 billion in 2009 to a consortium of Colombian and Korean investors. Mr. Kallop then dabbled in investing, taking a 7% stake in energy company Quicksilver Resources and bought a 300-year-old liquor distillery in Peru.

He spent lavishly, acquiring three Gulfstream jets and at least eight residences, including a Peruvian mansion, two homes in the Dominican Republic and a working cattle ranch in Texas, according to property record, lawsuits and people who have worked for him.

And he bought yachts -- at least seven of them over the past eight years.

In addition to "Natita," which he bought in 2010 and named for his mother-in-law, Mr. Kallop's fleet includes "Bad Girl," moored in the Dominican Republic, and "Honey Fitz," a 93-footer used by President John F. Kennedy that he bought at Sotheby's Camelot auction in 1998 and restored.

Another yacht, "La Diva," which was once owned by Ivanka Trump, was destroyed in a fire.

A few years ago, Goldman came calling. The Wall Street firm's private bank manages some $450 billion in assets for 11,500 ultrarich clients, and was developed in the 1980s to help business owners like Mr. Kallop manage their windfall after a sale.

Mr. Kallop became a client. In 2014, he borrowed $21.2 million from the bank to buy a 12,000-square foot Tahitian-inspired oceanfront mansion just down the beach from Mar-a-Lago, President Donald Trump's private club in Palm Beach, Fla., county records show.

In 2014, Mr. Kallop borrowed $32 million from Goldman against the "Natita" and "Bad Girl," court records show. The loan, the maritime equivalent of a home-equity loan, carried an interest rate of 3 percentage points above the London interbank offered rate.

But then Mr. Kallop hit money troubles, according to former employees and acquaintances. He put off upgrades to the boats, which were showing signs of wear -- bad enough for a March 2016 charter group to walk off "Natita" in Nassau, a former crew member said.

Goldman ordered periodic valuations of the yacht after making the loan, according to the crew member.

Mr. Kallop laid off crew members and put "Natita" up for sale in 2015 for 59.5 million euros ($67 million), then dropped the price to $57.5 million last year, according to court document. He sold a second Palm Beach house in April 2015 for $19 million. Goldman alleges he stopped paying back on the loan last November.

Three crew members, including the captain, were recently awarded roughly $90,000 in back pay by a Florida court. A Texas judge last month awarded his former bodyguard more than $500,000 for unpaid services. Mr. Kallop also owes the Florida marina where "Natita" is docked hundreds of thousands of dollars in fees, employees said.

Eventually, Goldman filed suit in a Miami federal court to seize the boat in a maritime version of a foreclosure. Acting on a judge's orders, U.S. Marshals impounded "Natita" at a West Palm Beach marina, where it remains.

Goldman's first move as owner-in-waiting: buying $67,000 worth of fuel to keep the yacht's generator running, according to court filings.

Today, the yacht is listed for $39.9 million, according to broker Worth Avenue Yachts. The outstanding balance of the loan owed to Goldman is roughly $28 million.

Write to Liz Hoffman at [email protected]

(END) Dow Jones Newswires

August 10, 2017 05:44 ET (09:44 GMT)

• Gulets For Sale
• Motor Yachts For Sale
• Sailing Yachts For Sale
• Work Boats for Sale
• Day Passenger Boats for Sale
• Catamarans for Sale
• Send Your Yacht

Yacht Natita

Last Articles

Yacht Natita | The 66 meter custom motor yacht built in 2005 by Oceanco and last refitted in 2007

Yacht natita | yachts for sale in turkey, the 66 meter custom motor yacht built in 2005 by oceanco and last refitted in 2007, yacht natita| yachts for sale in turkey.

Call Us: +44 121 285 8010

Technical data

Specifications

Accommodation, water sports, entertainment, you may also be interested to check out one of the following boats:.

• Yacht Charter
• Destinations
• Giga yachts
• Super yachts
• Mega yachts
• Sailing yachts
• Power boats
• testimonials-17"> Testimonials
• Useful links
• Privacy Policy
• Legal Notices & Terms

Thank you, Your request has been sent!

Please fill up the form:

Charter Requests Form

Personal Info:

Please specify your request:

Please use a modern browser to view this website. Some elements might not work as expected when using Internet Explorer.

• Landing Page
• Luxury Yacht Vacation Types
• Corporate Yacht Charter
• Tailor Made Vacations
• Luxury Exploration Vacations
• View All 3704
• Motor Yachts
• Sailing Yachts
• Classic Yachts
• Catamaran Yachts
• Filter By Destination
• More Filters
• Latest Reviews
• Charter Special Offers
• Destination Guides
• Inspiration & Features
• Mediterranean Charter Yachts
• France Charter Yachts
• Italy Charter Yachts
• Croatia Charter Yachts
• Greece Charter Yachts
• Turkey Charter Yachts
• Bahamas Charter Yachts
• Caribbean Charter Yachts
• Australia Charter Yachts
• Thailand Charter Yachts
• Dubai Charter Yachts
• Destination News
• New To Fleet
• Charter Fleet Updates
• Special Offers
• Industry News
• Yacht Shows
• Corporate Charter
• Finding a Yacht Broker
• Charter Preferences
• Questions & Answers
• Add my yacht

• Yacht Charter Fleet
• Offers + Last Minute News

Superyacht NATITA Reduces Charter Rate

• Share this on Facebook
• Share this on X
• Share via Email

By Editorial Team   20 February 2015

The distinctive 66m superyacht NATITA is offering a 16% reduction of her rate until September 2015 for luxury charters in the Bahamas and throughout the Caribbean. 

Delivered by Oceanco in 2005, NATITA  boasts many unique features - including a cascading pool, state-of-the-art cinema and Steinway grand piano - that make her the ideal choice for a sun-soaked charter in the Caribbean. Her upper salon's Steinway piano is a particularly noteworthy feature, as it can play itself - making it perfectly suited to entertaining.  

Her sundeck features several sun pads and a circular hot tub with stepped pools which create a stunning waterfall effect. The glass walls of the Jacuzzi illuminate at night to create a wonderful scene during relaxing evenings. Al fresco dining can be enjoyed aft, with her sun loungers area nearby movable to reveal her helipad.

Motor yacht NATITA sleeps up to 12 guests in 6 staterooms, including a master suite, four double staterooms and two twin cabins and two twin cabins. Rooms are timelessly-styled, featuring fine wood panelling and bold accents of colour. 

Her wide range of water toys can be enjoyed by guests of all ages, with highlights including two Seabobs, water-skis and a huge inflatable water slide. A Royal Denship limousine tender is also on board, meaning guests always travel in the utmost style when sampling life 

Normally chartering at $476,000 per week in the summer season, her new flat rate of $399,000 per week offers a significant saving for a first-class charter vacation. For more details about renting M/Y NATITA, contact your preferred charter broker .

Alternatively, feel free to browse all  luxury yachts for charter in the Bahamas  to find the perfect vessel for your requirements. 

...unique features including a cascading pool, state-of-the-art cinema and Steinway grand piano...

More Yacht Information

66m Oceanco 2005 / 2020

RELATED AREA GUIDES

View destinations guides, photo galleries & itineraries for areas related to this news article

• READ MORE ABOUT:
• Natita Yacht
• Special Offer

RELATED STORIES

Last-Minute Bahamas Charter Available for ‘Below Deck’ Season 3

EDITOR'S PICK

Latest News

13 September 2024

11 September 2024

10 September 2024

• See All News

Yacht Reviews

• See All Reviews

Charter Yacht of the week

Join our newsletter

Useful yacht charter news, latest yachts and expert advice, sent out every fortnight.

Please enter a valid e-mail

Thanks for subscribing

Featured Luxury Yachts for Charter

This is a small selection of the global luxury yacht charter fleet, with 3704 motor yachts, sail yachts, explorer yachts and catamarans to choose from including superyachts and megayachts, the world is your oyster. Why search for your ideal yacht charter vacation anywhere else?

136m | Lurssen

from $3,328,000 p/week ♦︎

115m | Lurssen

from $2,874,000 p/week ♦︎

85m | Golden Yachts

from $1,001,000 p/week ♦︎

88m | Golden Yachts

from $1,222,000 p/week ♦︎

84m | Feadship

from $1,111,000 p/week ♦︎

93m | Feadship

from $1,556,000 p/week ♦︎

Maltese Falcon

88m | Perini Navi

from $490,000 p/week

122m | Lurssen

from $3,000,000 p/week

As Featured In

The YachtCharterFleet Difference

YachtCharterFleet makes it easy to find the yacht charter vacation that is right for you. We combine thousands of yacht listings with local destination information, sample itineraries and experiences to deliver the world's most comprehensive yacht charter website.

San Francisco

• Like us on Facebook
• Follow us on Twitter
• Follow us on Instagram
• Find us on LinkedIn
• Add My Yacht
• Affiliates & Partners

Popular Destinations & Events

• St Tropez Yacht Charter
• Monaco Yacht Charter
• St Barts Yacht Charter
• Greece Yacht Charter
• Mykonos Yacht Charter
• Caribbean Yacht Charter

Featured Charter Yachts

• Maltese Falcon Yacht Charter
• Wheels Yacht Charter
• Victorious Yacht Charter
• Andrea Yacht Charter
• Titania Yacht Charter
• Ahpo Yacht Charter

Receive our latest offers, trends and stories direct to your inbox.

Please enter a valid e-mail.

Thanks for subscribing.

Search for Yachts, Destinations, Events, News... everything related to Luxury Yachts for Charter.

Yachts in your shortlist

• Guided tour

River Cruise on Luxurious Radisson Boat

• Description
• Choose date

Equipped with ice-breaking technology, these huge fancy yachts are the only river cruisers running all year around. The round trip journey takes two and a half hours and floats past all the big sights like the White House, Novodevichy monastery and the Kremlin. There’s a large open air observation deck up top, while the main body of the ship houses a restaurant with a dance floor for a romantic post dinner dance. For a particularly romantic experience take one of the evening boats and admire the bright lights of the city skyline at night.

The most relaxing and picturesque tour that Moscow can offer: a great way to see the city center and its main attractions. This is a perfect alternative to exploring the city by car, if you only have time to do sightseeing during weekday rush hours.

Your English-speaking guide is eager to share every bit of their knowledge about the surrounding landscape, the architecture and historical details.

We conduct Moscow river tour on Radisson Flotilla boats all year around!  It’s warm inside during winter months, while there’s air conditioning during hot summer days. You may also treat yourself to drinks, lunch or dinner on board (drinks and food are not included in tour price).

The cost of an excursion with a personal guide for 1 person

Quay at Radisson Collection Hotel

Government Headquarters ("the White House")

Kievsky Railway Central

Novodevichy Convent

Luzhniki Stadium

Academy of Sciences

Monument to Peter I

Cathedral of Christ the Saviour

Moscow Kremlin

St.Basil's Cathedral

Novospassky Monastery

U-turn and back to Quay at Radisson Royal Hotel

Choose your dates

Who's going.

• Excursion River Cruise on Luxurious Radisson Boat
• Date and time:
• Who's going:

See photo of the meeting point