The Equanimity has a new name

1MDB-linked superyacht the Equanimity is now known as Tranquility according to a ship-tracking website.

The website Marine Traffic reported that the vessel's automatic identification system (AIS) was transmitting the name Tranquility instead of Equanimity.

The vessel, which fugitive Jho Low reportedly bought for US$250 million with 1MDB funds, was recently sold to Genting Malaysia Bhd.

It is currently moored in Singapore. Earlier today, Genting Malaysia told Malaysiakini that the vessel was acquired to cater to high-rollers.

"The acquisition of the Equanimity forms part of our strategy to differentiate ourselves from our regional competitors by providing us with a unique and competitive edge for our VIP customers.

"We are in the midst of finalising a business model to allow us to use the Equanimity to grow our premium player business," it said.

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