Andrew Cosgreave at Northrop and Johnson in Fort Lauderdale sends word that he's signed the 55m rebuild motor yacht Penguin for sale.
Penguin offers the perfect project for a client wanting to start their adventure as soon as possible, with completion possible in 14 months. Conversion started at Peters Scheepswerf and was halted when the owner bought a larger yacht to start his travels. Thus, he has moved on and this project can be bought for a fraction of his investment. This superyacht comes with copious amounts of equipment in mint condition and internal volumes can be increased exponentially with a little redesign work.
The former pilot station ship Kapitaen Hilgendorff, built in 1961 at the Schichau Seebeck Werft, she is being converted to a yacht with a helicopter landing platform, hangar, grand scale saloon, two bathing platforms at the side, as well as two sun decks with Jacuzzis. Every area of the yacht is being renewed to a full yacht finish, including hull fairing. Penguin is currently configured to accommodate 12 guests in a master suite plus five double staterooms and will take her new owners to any corner of the globe with a proven hull and state of the art technology. Her asking price is €7.95 million.