Report #006 July 15th 2020

GENERAL UPDATE

The Yacht is moored port side to the dock, with a sufficient number of inflatable fenders located at various potential contact points throughout. The Yacht is also secured with numerous mooring lines and is generally well protected with deck coverings in high foot traffic areas, having side wall protection. For the majority of the ongoing works, the transom door along with the side beach club door remains open.

The mast area remains with scaffolding, as antennas, remaining navigation and AV/IT equipment is being installed.

EXTERIOR

Paint inspectors have frequented the Yacht at various stages with a view to the generation of a snagging list, or defect list. It has mainly been centred on the correction of internal bulwarks and areas inside the superstructure envelope. There are many areas needing attention and defect rectification or remedial actions. We are waiting for the report to be shared with us, so we can place any additional comments.

Work has stopped with the pool area, the yard are awaiting delivery of the main glass section in order to move towards its completion.

The majority of the external handrail sections has been installed, with only a few small sections remaining: final finishing and subsequent installation.

The main engine underwater scoops are having a final paint application and are scheduled to be installed in the coming days.

The transom and shell doors (beach club) are waiting to be finished. The final layers of leveling, compound and sealing coat are being applied, with the teak planking being next to come.

The main deck and upper deck overhead templates are in place. These will be removed in the coming days (post yard sea trials) for final fit out.

Side deck overheads are now moving towards completion with the sub-structure installed and fit-lock connections completed in most areas. Lighting receptacles and cabling are installed with predisposition for smoke detectors etc.

Several deck lockers require painting and protecting, this is anticipated in the coming weeks.

The aft gangway (passarella) is almost completed, with top covers remaining, along with the teak steps to be added at a later date.

Aside from minor repairs and small sections of the fore deck, the teak decking is completed and awaiting sanding with caulking seem removal and leveling.

INTERIOR

The interior is coming together fast. Coupled with this, is the inevitable problem of mistakes and people working on top of one another. This is something the yard has been pulled up on numerous times. They endeavour as best they can to control the situation, but with increased time pressure along with an increase in personnel working onboard, this is difficult to manage (logistically) from the yard’s side. These shortfalls are again recorded in the construction log and will continue to be, until delivery.

For the most part, the main saloon and sky lounge areas are near completion. The lower deck cabins are undergoing minor works for their outfitting, with the main guest staircase and lobbies being quite far from being completed. Likely these will be the last areas to get finished, once the owner’s suite and lower guest cabins get to a state of near completion and the workforce is out of the way.

The onboard interior technical spaces are still away from completion. I refer to air condition spaces, under stairs storage etc.

It is expected that towards the middle of next week there will be a surge in the amount of workers onboard as the delivery of “H”, the more advanced hull, delivers to the client. Workers will transition across from “H” to “Kamakasa”, where work will intensify in all areas.

ENGINEERING

Classification testing has begun and is well underway. Some significant testing has been accomplished in these past days. The focus of the yard has been reaching the state of completion that will allow them to perform the Yacht’s initial sea trial early this coming week. Friday 25th July has been indicated at this stage. With that said, as this report is compiled, there are many areas still to be reached and signed off on by class (ABS). In the coming days ABS will perform the following tests:

• Fuel NFV Filter

• Engine Room Ventilation

• Main Engine starting sequence

• ArePro main engine room fire suppression system

• Bilge System

• Fire System

• Smoke and Optical detectors

• Bow Thruster

• Compressed Air system

• Navigation Lights

• Watertight Doors, Windows and Hatches

• Emergency Lighting

• Emergency Isolations (ventilation, pumps, fuel etc.)

• Safety Plan Assessment for the trials

• Intercom System

NEXT STEPS

The Yacht has just passed the ABS load bank trials. Both power generation units have been thoroughly tested along with all their associated component parts with the exception of the AMS functions. This will follow at a later date.

Many more are planned for the coming weeks, but these are categorized as critical path systems and components to enable the yard to proceed to sea.

The Yacht is not being kept clean and debris free. A small army is employed to do this, but it is not enough. Several times, almost weekly this subject is broached, but not being acted upon. We should anticipate a significant amount of time towards closing stages of the build allocated to re-painting bilges, pipe work etc.

Work progress in the beach club area is moving ahead at pace. There are a errors being made with the installation and we are awaiting responses from the yard as their intention regarding defect works. This is reflected in the construction log and we are trying to effect real time corrections where possible.

The wheelhouse area is coming together well. The radio installation is almost finished and a team of 4-6 people are working towards completion. The bridge wing stations and emergency steering stations are installed with just the waterproofing enclosures pending.

The sun deck helm position is installed. Its equipment has not yet been the subject for review or testing. This will happen after the first sea trials have been completed.

Most other areas show little or no change since the previous report.

It is reported that the tenders and jet skis will be arriving shortly, and will be embarked for the purpose of our sea trials and testing.

One area which is causing concern is the lack of response or action on the shipyard’s behalf, of defect rectification. Actions that are being recorded and documented are not being readily implemented. The way in which the yard appears to be dealing with these points is collecting them all at the end stages of construction and try to address them then. We also refer to the original report issued at the very onset of the project and we estimate that only around 10-15% of those identified items have had any form of work or defect rectification undertaken by the yard.

Yerin will be at the yard this week and will add more pressure to upper management to try and speed up the reactivity of the shipyard.