Steve Jobs' high-tech yacht seized in Amsterdam over payment dispute with designer

Saturday, 22 December 2012

Steve Jobs' high-tech yacht seized in Amsterdam over payment dispute with designer

by Mike Anderson

The superyacht commissioned by late Apple co-founder Steve Jobs has been impounded by Dutch authorities over a $4 million payment dispute with the designer

AMSTERDAM, The Netherlands -- Venus, a minimalist high-tech yacht commissioned by Steve Jobs before his death, is reportedly held in a Dutch harbor amid a payment dispute with the vessel's French designer Philippe Starck.

The 260-ft yacht, made of lightweight aluminium, reportedly was built at a cost of around $138 million and was launched at Aalsmeer in The Netherlands in October - a year after Jobs died of pancreatic cancer and therefore never saw his yacht go to sea.

It has now emerged that Starck claims he is still owed around $4 million of a $12 million project fee - and the basis for the fee calculation is under dispute as the total manufacturing cost for the yacht was lower than originally planned and Starck's fee set at a percentage of it.

Amid this payment dispute, Starck has called in the debt collectors and had the yacht impounded.

Jeroen Ranzijn, spokesman for the Port of Amsterdam told BBC News: "The boat is brand new but there is a 3m euro claim on it. The parties will have to fight it out."

He added that the yacht would not be allowed to leave the port until the dispute is resolved.

The boat features a minimalistic design with floor-to-ceiling glass walls and seven 21" iMacs in the wheelhouse.

Other recent news in Europe

Female Suicide Bomber Injures 18, Including Children, in RUSSIA

TIGER KILLS ZOO WORKER at UK Animal Park

UK Zookeeper Dies From TIGER ATTACK Injuries

Ukrainans hold first gay rights march, activists arrested in RUSSIA

Interpol Rebuffs RUSSIA on Its Hunt for a Kremlin Critic

CHAMPIONS LEAGUE FINAL: Arjen Robben Delivers for Bayern Munich

Anti-Muslim Threats Rise in BRITAIN After Soldier’s Killing

SWEDEN RIOTS spread beyond Stockholm

CHINA Seals Maiden Free Trade Deal With Switzerland

Victory At Last for Big, Bad, BAYERN

Twitter

ReferralMD Healthcare - Steve Jobs - High tech reform http://t.co/slxbJwmw3X #mhealth #digitalhealth #HIMSS - about 14 hours ago

ReferralMD Healthcare - Steve Jobs - High tech reform http://t.co/slxbJwmw3X #mhealth #digitalhealth #HIMSS - 1 day ago

ReferralMD Healthcare - Steve Jobs - High tech reform http://t.co/slxbJwmw3X #mhealth #digitalhealth #HIMSS - 2 days ago

bcnn1 It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all... http://t.co/HMBKXUchhv - 2 days ago

spidermagazine It’s one thing to say tech geniuses don’t need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all... http://t.co/34DGLBfLrD - 2 days ago

ReferralMD Healthcare - Steve Jobs - High tech reform http://t.co/slxbJwmw3X #mhealth #digitalhealth #HIMSS - 2 days ago

There don't appear to be any related tweets.
Be the first to tweet the news!

•More original news reports from One News Page

Our Facebook Page
LIKE us now: