thea - windy city yachts

Contact Jeff Pierce [email protected]

Contact: Jeff Pierce [email protected]

THEA50M/164’ Motor Yacht

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IntroductionThea was built in 1968 by Arsenal Do Alfeite www.arsenal-alfeite.pt in Portugal and designedby Jorge d’lmeida Araujo. Arsenal Do Alfeite was and is today an advanced shipyard that buildsand maintains the Portuguese Navy’s vessels as well as commercial vessels and servicing luxuryyachts. Thea originally christened as Donapila-ll she was perhaps the first Mega Yacht of her eraand the first private yacht built by the shipyard. It’s alleged that her first owner was an affluentarms dealer who demanded his yacht be built to robust military standards but have a bespokeinterior that was reminiscent of the great hotels and homes of Europe. She was built usingmany redundant systems and her interior was constructed off site by one of the Europe’s topcontract furniture/interior panel builders and fitted to the yacht by highly skilled carpenters.The wood is solid blonde oak through out the guest area’s and captain’s cabin. Thea has hadseveral experienced yachtsman owners and has been formally known as Myrna, Yanka, Deramaand Rama. She returned to Arsenal Do Alfeite in 1999 for a refit where several electrical andmechanical components were modernized. There are vast libraries aboard of engineeringdrawings, specification books, fuel consumption graphs and yard bills that document decadesof service. Thea (Donapila-ll) was once the Belle of the Ball of the Cote d’ Azur yacht cotillionand with some direction and funding, she can return as one of the Grand Dames!

C urrent Ownership an d Man agemen t:

Thea is owned by Anglo American Financial (asset-based lending and debtor-in-possessionfinancing company) and Kennedy Funding. She was taken in foreclosure from the previousowner. Thea has been project and daily managed by Mario Dix in Malta. Mario was also one ofthe founding members of Anglo American (now retired). He has managed the yacht in allrespects since was taken over in Turkey including the legal concerns, her new Malteseregistration and been responsible for a full underwater survey, repainting treatments and shaftsurveys all under the supervision of the class surveyors, RINA.

Contact Jeff Pierce at United Yacht Brokers [email protected] for any technical andgeneral inquiries by brokers or direct buyers.

There exists the possibility of financing through Anglo American and even partial trades may beconsidered. The recent price reduction and the formation of a sales and management team willhopefully attract a serious buyer who desires to be seen in any yachting capital of the world in aclassic and timeless yacht for fraction of the cost of modern 50 meter yachts. Thea can also be anelegant and unique dock based residence or corporate headquarters.

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T he Basics:

Length: 50M 164’Beam: 7.45M 24.05’Draft: 3.79M 12.05’Displacement: 280 tonsHull: Steel (mostly 8-9mm plates)Superstructure: AluminumSpeed: 13 knots cruising 16 knots maximumFuel: 45,000 liter. 11,889 US gallonsFuel Polishing: Westfalia ON616 centrifuge separatorEngines: MTU/Mercedes Benz R-493 @1350HPEngine Controls: WABCO/WestinghouseReduction Gear: ZF (Vee drive) BW800 H20Steering: Tenfjord hydraulic type 115T (rudders) H-2-2FSG steering boxFuel Consumption: 40 US gallons per hour (13kts. cruising speed) @1000rpm *with 2generators running full time.Generators: Caterpillar 3304 55KW 50Hz (X3)Range: Over 3000 miles @12.7/13 kts. (inc. 20% safety reserves)Air Conditioners/Heating: Condaria water chilled reverse cycleShore Power: 300 amp 220 V/50HzWater Maker: Aqua-Set 85 liters per hourDeck Cranes: Dunbar/Tico knuckle-boomTenders: Zodiac Yacht-Line 18’ 600RL w-Yamaha 115HP outboard

Zodiac Med-Line 15.6’ w- Evenrude 75HP outboardRiva Olympic 22’ 350 c.u. GM engine (being restored)

Water Craft: Yamaha XL 700 Wave Runner Jet Ski

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Vessel walk t hrough: M ain deck/guest cabin s

Starting forward: the on deck Master Stateroom offers an over 180 degree view panorama through aseries of large windows. The cabin measures 18.5’ wide X 17’ length ( 314.6 sq’)The master bath is ensuite and features dual sinks, a large corner “Jacuzzi” bath tub and large stallshower.Counter tops are pink/beige marble and plumbing fixtures are gold plated by THG (Paris).There are numerous built-in cabinets under the series of windows and a large hanging closet betweenthe double door entry foyer.

M ast er C abin cont in ued:

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Remarks: Master Cabin:This is a grand mater suite and offers a magnificent morning and evening views of any harbor,island or costal scenery! Because of the numerous windows, the cabin can get hot but there areseveral air handlers/blowers on both sides of the cabin. The sisal carpet is starting to show itsage, but certainly useable. The large custom California King size bed and mirrored ceilings looksstraight out of the Playboy Mansion but is having spent a few nights it’s a luxurious and funexperience. The head (master bath) is equally luxurious and features a cast iron porcelaincorner tub (no fiberglass/acrylic materials used on this yacht) and the counter tops are abeautiful pink/beige marble. The dual under mount sinks originally had hand painted designsbut they have faded. The faucets are gold plated and they also showing their age. All toilets arehome style and have adjacent bidet faucets and all plumbing fixtures work 100%.

This cabin can be used as a VIP guest stateroom, meeting room or even a gymnasium or day spaby removing the bed.

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Junior Guest Suite:

Continuing moving aft a few steps outside the master vestibule are a set of steps (port side)that lead to the crew quarters alternative entry (hidden behind a curved flush fitting door) andterminate at a small foyer to a small guest stateroom. The dimensions: 8.16’ long X 8.83’ wide(72 sq’). This stateroom has been used by previous owners as an office, a nanny’s, personalassistant, guest chef’s stateroom and a nursery. This stateroom features a built-in desk,moderate size en-suite head/shower room and ample hanging and drawer cabinets. There isgood natural lighting from the large ports in both cabin and bath.

R emarks:This is a great cabin for very young kids, the personal assistant or any “professional guest” you wish tosegregate from the crew. It could use new carpeting and maybe a sofa- bed to add flexible use.

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Dining room/Butler’s Pantry:

Back on main deck, the formal dining room is large 18’ wide X 15.2’ long (244 sq’) with a ceilingheight of 7.08’. There are several built-in cabinets that house the glass/china/silver service. Theceilings are coffered and mirrored. There are several bronze lost wax cast sconces on all fourcorners and recessed lighting. The antique dining table is massive (seating 10-14) with finelyveneered features. The dining chairs have been restored and upholstered in an elegantmatching period fabric. Included in the sale is a large oil painting depicting a Mediterraneanfamily feast. There are several large windows on both sides to the room and guest can enjoythe scenery.

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Butler’s Pantry:

The butler’s pantry is to the forward/port side of the dining room. It is finished in a lightsycamore veneer and features a “dumb waiter” a Miele dishwasher, double sink, medium sizerefrigerator/freezer, espresso maker and storage for breakfast service and provisions. This is aperfect light breakfast, lunch or midnight snack prep galley. There is a watertight deck doorand aft or upper deck food service can be assessed without salon walkthrough by crew.

Remarks:

The dining room is grand! The large windows allow fantastic views or perhaps being seen inCannes? The dumb waiter is “old school” and keeps the smells and noise isolated to theprofessional galley/kitchen. There is ample appliances/storage to make this pantry a fullyfunctioning galley. If this were a smaller yacht; this would be considered a good sized galley!

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Salon /Drawin g/Games/M edia Rooms:

Continuing aft, the salon/drawing room is massive. Measured from dining room to aft deckentry, it is over 40’ long X 18’ wide! There are two sets of pocket doors that allow the diningroom to be closed off and the second set allowing the sitting room adjacent to the dining to beseparated from the aft salon. This smaller salon has a beautiful semi-spiral staircase with carvedbaluster hand rails. This section of the state room features two statuary niches and severalbuilt-in cabinets that currently house audio gear. Like the dining room; there are cast bronzesconces, recessed lighting and coffered ceilings.

Remarks:

This is a great area to stage a gourmet dining prelude or a post dining retreat. The pocket doorsallow this space to become a modern media room with the addition of a built-in flat screenlifting cabinet and an Ethernet based media server A/V system.

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M ain Salon:

The main salon is 25.8’ long X 18’ wide (464.4 sq’) measured from aft entry to the pocket doors ofthe drawing room. The salon like the dining/drawing rooms feature large windows whereseeing and being seen continues. The ceilings are coffered/mirrored and the blond oak panelingand bronze sconces are incorporated. There are several antique cabinets that have been addedto the décor with clever air-condition/heating vents blended in. The sofas and coffee/cocktailtables are not built in and can be changed easily to suit the new owners taste. The sisalcarpeting also continues with oriental runners and rugs placed over. There is recessed lightingand several built in audio system speakers.

Remarks:

The original owner wanted a salon that was reminiscent of the grand hotels and homes ofEurope, he succeeded! The salon/drawing rooms offer any new owner a flexible layout that canbe fashioned to their taste and with replacement of soft goods and flooring the transformationis a simple task.

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The guest staterooms are accessed via a stairway to the starboard side of the drawingroom/salon. On the lower landing there is a good sized vestibule 7.5’X8.3’ (62.4sq’). The landingis oak paneled and has the same series bronze sconces and recessed lighting. There is awaterproof mid-ship bilge access hatch recessed into the wood flooring. There are four gueststaterooms and a brass name plate affixed to each room bearing the names of the Greek Gods;Athena, Estia, Artemis, and Afrodite (Aphrodite). The “nanny’s room” is named Rea?

The two forward facing port and starboard staterooms are mirror imaged in size andspecifications. There is a set of double doors that allow the two rooms to be joined as onegrand guest or master full beam suite. The staterooms have coffered ceilings (mirrored) andseveral built-in cabinets and hanging closets. The beds are King size. The carpet needsreplacement, but is functional. The heads/bathrooms are en -suite and feature a 6’+ castiron/porcelain tub shower, home style toilets with bidet attachment and a glass top/polishednickel leg vanity. The plumbing/accessory fixtures are gold plated and in 100% workingcondition.

Stateroom with open connecting doors closed position

Guest Staterooms continued:

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The furnishings are mostly antiques and not built-in and easily replaced to suit new ownerstaste. The decorative hardware to include locks/outlet covers port dogs are matching and fromthe best European suppliers.


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Aft facing guest cabin can be converted to single beds

One aft facing staterooms has a bathroom en-suite the other is “semi en-suite” with a door thatopens to the foyer and allows it to be used as a guest “day head”.


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Port “dogs” matching all decorative hardware

Remarks:

The guest staterooms offer a luxurious retreat and are quiet and spacious. The connectingport/starboard state rooms with doors open are a alternative to the on deck master, thisoption allows a full beam master with his/hers baths and closets, plus options for sittingroom/office. Stairway is very wide and couches or mattresses can be easily accommodated. Thecarpeting needs replacement and the bath fixtures need detailing/re-plating or replacement.

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Aft Deck/Outdoor Space:

The aft deck is very spacious approximately 40’ long X 23’ wide. It is mostly sheltered by a stripwood overhead that offers protection from the elements. There are also acrylic splash screenon the main and upper deck that also provide protection while underway. The condition of theteak deck is outstanding (due to the aforementioned protection)! Included in the sale is acollection of wicker seating (with cushions). This is the perfect space for various social functionsand gala events can be hosted completely segregating the private interior guest area by simplylocking the aft salon doors. The guest will have an on deck powder room on the port/aft sectionof this main deck or another powder room located on the top deck. Additional income can begenerated from “dockside charters” with out the wear/tear of strangers traipsing through theprivate sectors! Food service is accommodated via the port side walkway and butlers pantry.Entry (stern to) is by an approximately 20’ long gangway/passerelle that is hoisted by twoelectric winches/steel cables. The gangway can slew 10-15 degrees either direction. There isalso a rain head shower (starboard) to rinse off the salt water after a swim. Marquipt style portand starboard entry ladders allow entry from both dockside (breasted) or water entry

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Aft Powder Room

Marquipt port & starboard entry ladders Unique overheads (ceiling)

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Aft Deck con t in ued:

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There are three ways to gain entrance to the upper decks:1. A stairway just ahead of the dining room leads to the pilot house2. An aft exterior stairway off the main deck3. forward series of stairs starting foredeck - to sun deck - to bridge

Pilot House:

The pilot house offers an over 180 degree view. It is oak paneled with an attractive steering andnavigation console built-in and affixed to the wind screen area. The pilot house has port and starboarddeck access water tight doors. Behind the pilot house is the chart room and captains cabin.

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Pilot House: Electronics

The communication and navigation electronics are marginal and dated for a vessel of Thea’ssize.

Sailor RT 144 VHF (I would leave it as it adds vintage character)

Skanti VHF 100 DSCGarmin Chart Plotter/GPS 120XL (with radar interface)

Simrad R-45 Auto Pilot

Furuno FR711 Radar

JRC NRC-200 Navtex

Dell Computer linked to GPS

There are several handheld VHF radios and a 12VDC and 24VDC power supplies housed in aseparate cabinet.

Remarks:

Larger Chart Plotters such as the Ray Marine E120 or comparable Furuno models shoulddominate the dash board and leaving a few vintage instruments/radios to keep the character ofthe yacht. The PC based chart computer should be moved to the chart room. A new Gyroscope isneeded and with the stabilizer upgrade package (will detail under stabilizer section of thisreport).

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Chartroom/Captain s Cabin:

Behind the pilot house on the port side is the chart room and is finished in oak matching theguest areas below. There are many storage cabinets and several book shelves that amply hold allships office supplies, technical binders and engineering drawings. To the starboard side of thecabin is a chart table with generous storage for many rolled or flat papers charts. To the portside is the captain’s head/shower. The captain’s cabin is aft/starboard of the chart table. Thecaptain’s berth is wide enough for the occasional guest and there are several storage cabinetsand hanging uniform closets.

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T op of Pi lot House:

The roof of the pilot house is reached via a port side stairway. The roof allows access tolighting, air horns, radar scanners and various antennas. There is an access hatch adjacent tothe radar mast that houses SSB antenna tuners and other electronic devices.

Remarks:The Kahlenberg horns need TLC and polishing, solenoid occasionally sticks! Access hatch needsreplacement or repair.

Kahlenberg T-4 air horns on port and starboard

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A f t T o p D ec k :

Entry to the Aft-Top deck is gained by an aft main deck stairway, through the pilot house or a series ofstairs via the fore deck. Like the aft deck below the top-aft is equally generously proportioned. Adjacentto the summit of the staircase is an alfresco dining bar/storage/refrigerator unit. Although this unit hasno gas cookers it can be easily up-fitted. There is a large teak table and chairs. Also there is a teak benchseat and a locker to hold the canvas cabaña tent with outlets for overhead lanterns.The tent is the perfect setting dockside or at anchor dining. There is a powder room/day head located in the“faux” smoke stack.

Remarks: A great space! Could easily enhanced by installing an aluminum rigid frame enclosure by Pipewelderswww.pipewelders.com or Atlantic Towers? Water Craft can be removed to provide space for up to 200 guests (dockside party).

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Tender Deck:

The tender deck is top/midship. There is ample space for two cradled large tenders, several JetSkis and other various water toys and craft. The tenders are lifted by two over sizedDunbar/Tico knuckle boom cranes. The cranes have tremendous reach and lifting capacities andcan accommodate dockside loading or equipment/provisions. There exist the possibility to liftand stow motorcycles/Vespa’s, a small submarine/ROV, an Ultra-Light aircraft or a small electriccar or dune buggy.

Tenders/Water Craft:

Zodiac Medline (new) 1 7’ with Evinrude 75hp outboard

Zodiac Yachtline 600RL (recent) 18’ with Yamaha 115 outboard

Yamaha Wave Runner XL700 Jet SkiRiva Olympic vintage inboard tender/ski boat (*being restored & off yacht)

Remarks:

*Thea will be sold with both Zodiac tenders or with an option to take the Riva “as is” and onetender.

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T ender Deck cont inued:

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S u n D e c k

The Sun Deck is situated above the master cabin structure. It is accessed via a set of stairascending from the main deck or by a passage via the pilot house and upper deck. It is asemi-circular horse shoe design and features several insulated beverage lockers and dry storagefor tanning locations and sun glasses.

Remarks:Yet another perfect spot to worship the sun, enjoy the scenery while underway or at anchor. Amplebuilt-in storage/beverage ice chest. Some of the locker hardware needs TLC, striped Sunbrella canvascushions are in 100% condition. Maybe even add an umbrella socket?

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Foredeck:

The foredeck is sheathed in teak and has a massive dual anchor windlass and wash downsystem. The wide flair of the bow and high bulwarks protect the crew and guest fromoverspray. There are numerous port/starboard side rope/hose lockers. The crew entry is aftthe windlass and has a hooded weather shield.

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C rew Quart ers:

The crew quarters can be entered via the foredeck companionway or through a “secretpassage” hidden behind a curved flush door in the stairway leading to the forward juniorstateroom. There is berthing for ten - four double crew cabins with upper/lower bunks and anengineers or chefs cabin adjacent to the galley entry. A large crew lounge/mess is finished in alight colored lacquered finish. The lounge has a small refrigerator, television and two sets ofMiele washers and dryers. There are two large showers/heads (one can be a dedicated femaleonly head).

Remarks:The crew’s area could use some TLC and the carpet needs replacement with solid rubber or

vinyl tiles. The shower rooms need new grates. Modern entertainment systems are also

suggested. The crew cabins are spacious and each feature AC/Heating blower units.

The “secret passage” alternative crew entrance and pass-through

Crew Quarters continued:

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Both crew entries: Note watertight doors


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Chain Locker:

Forward of the crew area is the chain locker. The windlass motor (220V) can be serviced fromthere. There are port and starboard chain bunks and the chain can be additionally washed andinspected with ease. There are several auxiliary refrigeration compressors and large provisionsrefrigerator has been installed adjacent to the entry door foyer.

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Galley:

The Galley or more appropriately called Thea’s Commercial Kitchen is quite large and isequipped comparable to any gourmet restaurant. The range has eight burners, plus a flatgriddle, a deep fryer and an open smoker grill. The galley is veneered in sanitary stainless steeland features a powerful extractor fan that has a chimney directly to the “faux” smoke stack.There several refrigerators and a large chest freezer. Prepared food is lifted to the butlersservice pantry via a “dumb waiter” and there is no smells or noise entering the dining room.

Under the galley and accessed via a watertight hatch is an additional bilge storage area that canhouse provisions/cleaning supplies, large pans or beverages. In this compartment there is abooster air-conditioning water chiller unit (not working).

Remarks:The galley is more like a professional restaurant kitchen except its all electric. It’s needs some

“Elbow grease” to clean and polish the stainless steel appliances and bulkheads and the flooringneeds replacement, but what a space to create a sumptuous meal!

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Aux. Refrigerator adjacent to crew area

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Galley continued:

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E n g in e R o o m:

The engine room is aft and is entered via a water tight deck hatch about 15’ feet from thetransom entry (secondary emergency port side hatch). The space is well insulated and noiselevels on deck and inside the salon are extremely good. There are two large rectangular deckplates trimmed in stainless steel and flush with the aft decks teak flooring that allow for engineor machinery removal with out having to cut an opening in the hull or deck. The two MTU R -493 V-12 1350 HP engines are connected to ZF BW 800 H20 (Vee Drive) reduction gearboxes.The gearboxes are shifted via a commercial grade WABCO/Westinghouse system that uses acompress air line/electrical actuator. The engines throttle uses a total air control system. Theengineers confirmed that Glendenning www.glendinningprods.com or Morse single leverelectronic conversion systems could replace the WABCO/Westinghouse but that also claim thatthis system is commonly used on commercial vessels worldwide. The power plants haveelectronic synchronization. CO2 fire suppression (recently serviced) and outside air ventclose/offs are functioning.

MTU/Mercedes Benz R-493 V-12 1350 HP Turbo Charged engine driving ZF BW-800 H20 Vee Drive

En gin e Room con t in ued:

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There are three Caterpillar 3304 55KW 50Htz generators and switching to parallel two units.


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The generators provide the 220V ships service that besides domestic power, it powers allmachinery and deck lighting. The windlass, capstan, passerelle and deck cranes/hydro pack areall 220V. Eight 8D wet cell batteries (new July 09) start engines and generators and havecombiner switches for backup and a new charger (July 09). There is an oil change/fill systemwith a waste oil tank (deck pump out)~an emergency “trash” engine dr iven bilge pump-firefighting pump. Maugiere air compressors provide pressurized air to various systems.

Starting batteries cabinet and Westfalia ON-616 fuel polishing separator centrifuge


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Thea’s steering system is also derived from commercial and m ilitary vessel constructionpractices. The system uses dual Tenfjord Type 115T rudder steering boxes and a Type H-2-2FSGsteering box (pilot house). This system is redundant and connects the port and starboard unitsvia a massive tie rod. Each engine has a port/starboard driven hydraulic power steering pumpwith cut in/out valve circuits. There are two rudder angle indicators reporting to the Simrad

auto-pilot and the Vosper stabilizer controller (not working).

Emergency steering - note tie rod


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The tool room has a medium sized work shop with two steel work benches, a drill press, a latheand plenty of tool and spare part storage.

Electrical service was modernized in the 1999 re-fit-note digital gauges. There is a large shipselectrical service switch board, engine throttle/starting stating engine cylinder head monitors,fuel tank level gauges.


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The tool room houses the large stainless steel water heater, engine pre-heater, water maker, waterpressure system, stabilizer hydraulic power pack and Condaria air-conditioning water chiller system.

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Stabilizers:

Thea has Vosper stabilizers and a Vickers hydraulic power pack (located in engine room). Thehydraulics and underwater fin work 100% and there are no salt water or hydraulic leaks anywhere. The system requires modernization to the electronic portion of the system. A new rollcontrol and gyro compass are needed. Quantum Systems www.quantumstabilizers.comspecializes in retro-fitting the older Vosper systems.

Port/Starboard interior fins are easily reached via the midship bilge with special access panels

Exterior fin-new zincs

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Exhaust System:

The exhaust system is dry with the engine/generators sea water cooling mixing into the end ofthe system. The system is unique and the initial engine exhaust is directed to a set of large ovalexhaust collectors exiting the transom just above the water line. When the engines reachhigher RPM’s the back pressure activates an internal exhaust flap to direct the exhaust belowthe water. This arrangement keep the exhaust gases and noise to a minimum and guest canenjoy the aft deck underway!

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Fuel/Holding Tanks:

The fuel tanks are divided into ten separate tanks or five sets that are gravity fed cross linked.The tanks occupy the midship bilge and are not integral with the hull plates and sit elevated oncross members that allow inspection (by a small person) and are viewable by crawling alongthe outer bilge. In case of hull breach it maybe feasible to discharge fuel to provide buoyancyassistance. All fuel tanks are black iron and are free of corrosion. They have man hatches anddip ports located under the soles of the guest staterooms. Total fuel capacity is 46200 litersmax or 45,000 liters normally. The tanks capacities are as follows:

1. Forward tanks Port/Starboard 5050 liters each (10100 both)2. Secondary tanks (in front of stabilizers) 5350 liters each (10700 both)3. Third set (aft of stabilizers) 4750 liters each (9500 both)4. Forth set 2700 liters each (5400 both)5. Day tanks 2700 liters each (5400 both)

Engine room tank valve manifold and fuel transfer pumps shift fuel to the Westfalia separatorcentrifuge. Rapid intake fueling is accomplished by using the transfer pump to direct fuel toeach individual tank pairs.

Fuel Consumption:

The fuel consumption is 40 US gallons per hour @ 1000rpm…13 kts. cruising speed with 2generators running full time. Range is over 3000 miles (with 20% safety reserve)…there arefuel consumption rate chart/graphs available.

Black Water/Sewage Tanks:

The black water tanks both guest cabins and crew quarters are on the small side for a 50 meter vessel.She needs larger holding tanks or a MSD/Sewerage Treatment system. There is no on deck pump out~buthoses and deck plates can be easily installed.

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Underwater Hull:

The underwater hull was recently surveyed and repaired under R.I.N.A supervision and projectmanagement by Mario Dix (Mario has managed the yacht the entire time she has been inMalta). Thea was dry docked and the hull below the waterline was ultrasonically tested (fullreport available). Only one small section was replaced due to an abandoned anchor wash downtank that leaked fresh water. The hull was full 2.5 S.A. blasted and revealed her superbcondition fully galvanized (war ship standards) steel plating. She was treated to a zinc richprimer, Sigma epoxy primer coated and bottom painted. The Sigma (epoxy paint) field engineerwas on hand to supervise the application. The shafts were removed and inspected and “bloodtested” to check for invisible cracks. New pillow block (cushion block) Thordon bearings werereplaced. Steering boxes were inspected and new seals/gaskets installed. Propellers wereserviced and zincs installed.

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Hull Before/After:

Underwater Hull continued:

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Fire Fighting/Safety Equipment/Life Rafts:

Thea has four fire hose standpipes (forward port/starboard & aft port/starboard) andport/starboard sets of fuel shut off valves. There are ample fire hose/nozzles and portable fireextinguishers (all in current certification) at strategic and required locations. The fire fightingsystem is sea water supplied driven off the engines pump. There canister life rafts (all recentlyserviced) that are mounted on both decks and are hydrostatically opened. Thea has severalEPIRB’s and are currently in registration.

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Classification/Inspections/Registration:

Thea was originally built to a Lloyd’s Classification but during her several ownerships was notkept in classification. She does have a documented repair history and there are manyrecords/receipts (in Greek & Portuguese) that portray Thea having had consistent servicing.During the past year and under the management of Mario Dix, Thea has been revived and herbottom was given a thorough going over. Mario who is a resident of Malta had Thea dry dockedand contacted R.I.N.. to survey and to begin a “re-classification” process under their society’sstandards. The hull was media blasted and ultra-sonic audio gauged. The majority of the hullplates were close to the original 9mm thickness. The entire bottom up to the waterline wasepoxy coated with the paint systems field engineer over looking to assure a quality/warrantedapplication. The rudders were dropped and the shafts pulled, new bearings were installed andthe rudder boxes inspected and overhauled. Thea waterline (load line) was verified anddocumented. R.I.N.A. will conduct a stability test (they add weights to either side of the vessel todetermine listing) and once complete will have a R.I.N.A. certificate of sea worthiness.

TheaiscurrentlyMaltaflaggedandhasnofinancialencumbrances/liens/debtsand solelyandclearly owned by Anglo American Financial and Kennedy Funding.

Sample of hundreds of soundings done.

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Ext erior Hull an d Runn ing Phot os:

Thea’s exterior is in good condition, her paint (Boero brand) appears to be a Matterhorn white.There are no major bubbles on the hull paint and a few small bubbles on the aluminumsuperstructure. She is quite presentable and certainly useable “as is”.

T hea Hull Phot os con t in ued:

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Older Brochure cover photo formally known as RAMA (previous owner reserves name)


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New swim platform teak grate being made and supplied in sale.


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[Type text]Contact: Jeff Pierce [email protected]

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Summary/Refit Suggestions/ Budget:

Thea is in “drive-a-way” condition but needs some modernization of electronics and severalmechanical systems to bring her to current standards of a 50 meter yacht.

Thea could use a bow thruster. There is ample space to install a hydraulic bow thrusterand using the ships 220V service a hydro/electric power pack is a relatively simple task.Wesmar www.wesmar.com would be a good choice, approximate installed cost under$75,000

Stabilizers need updating-Quantum www.quantumstabilizers.com specializes in Vosperrefits. Estimated cost of roll control electronics and FOG (fiber optic gyroscope)$100,000

Bridge Electronics: New Chart Plotters, back up Auto Pilot, Forward looking sonar, newPC chart computer-new Depth/Speed instruments-new Radar units approximate cos t$75,000

Entertainment Electronics: Large LCD/LED TV in main salon with custom liftingcabinet-Sea Tel Sat/TV system-Ethernet ship-wide /V server-Crew TV and Sat-Radioupgrade-top deck speakers-estimated cost $100,000Carpets/Flooring: Replacement of all salon, dining and guest carpeting-replacement oftiles in galley and crew areas-estimated cost $40,000

Malta Refit:The Maltese shipyard labor rate that Mario Dix can obtain is about 25-30 Euro! That’s about ¼

of what is current in the USA and Europe (main land). It would be foolish not to take advantageof the attractive labor rates, the quality of ship yard skills and especially the managementservices of Mario Dix (who has been with Thea during the past five years). I suggest that the

stabilizers and the bow thruster be installed in Malta-soft goods and furnishings would bebetter purchased in the USA or Europe (main land).

Vessel Handover an d Engineer’s Training:

The new owner’s engineers will need orientation training from the current Maltese baseengineers. Fred and Ray (Thea’s engineers) are currently available and willing to train the new

engineering staff (for a reasonable fee). They are also available during the refit process. Asaforementioned, Mario’s services are also available.

Disclaimer:

The Company offers the details of this vessel in good faith but cannot guarantee or warrant theaccuracy of this information nor warrant the condition of the vessel. A buyer should instruct hisagents, or his surveyors, to investigate such details as the buyer desires validated. This vessel isoffered subject to prior sale, price change, or withdrawal without notice.

thea - windy city yachts

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