Jho Low's Equanimity gets new name: It's Tranquility now

PETALING JAYA: The superyacht Equanimity has been renamed the Tranquility, according to the ship-tracking website Marine Traffic.

It stated that the vessel's name as reported by the automatic identification system (AIS) is Tranquility instead of Equanimity.

The name is being transmitted by the AIS, an automatic tracking system that uses transponders on ships.

The superyacht is one of many luxury items seized by the government as part of its probe into money laundering involving 1Malaysia Development Berhad (1MDB).

Once owned by fugitive businessman Low Taek Jho, or better known as Jho Low, it  was reported that Equanimity was built for US$250mil (RM1.42bil) using funds linked to 1MDB.

It was announced earlier this month that it was sold to Genting Malaysia Bhd for US$126mil (RM514.14mil), and is currently docked in Singapore.

In a report by news portal Malaysiakini, Genting Malaysia said that the vessel was acquired to provide them with a "unique and competitive edge" for the VIP customers.

Genting Malaysia Bhd is part of the Genting Group whose businesses include casino operations in Genting Highlands in Malaysia and Sentosa Island in Singapore.