95-meter superyacht Indian Empress renamed NEOM after her sale
In March, 2018 YachtHarbour reported that Indian Empress confiscated in Malta for unpaid wages. In June, Indian Empress was sold to pay off debts. Later in Jule, auction of the Indian Empress was failed and the court decided that Indian Empress should be re-auctioned. In September, 2018 she was sold for €35 million, according to Yacht Harbour.
After her sale at auction to Sea Beauty Yachting Limited, 95-metre superyacht Indian Empress has been renamed NEOM. Neom is a Saudi project for a smart and tourist cross-border city planned for construction and is located in the far north-west of Saudi Arabia.
The previous owner purchased Indian Empress in 2006 for $113 million. Originally built in 2000 for a member of the royal Qatari family, the vessel has also been a very popular charter yacht. Indian Empress had a major €6.4 million refit in 2016, where the interior has swapped deep red and rich gold colours and ornate gilt-work and traditional carpets for contrasting woods, pale neutral colours and large impressive art.
The yacht was abandoned by her owner in September 2017. Much of her owner’s assets in India and elsewhere have been either seized or frozen as he faced charges of money laundering and defrauding a consortium of Indian banks.