Steve Jobs’s Yacht Seized in Amsterdam Amid Dispute

A yacht built for the late Apple Inc. (AAPL) founder Steve Jobs was seized in the port of Amsterdam on behalf of the designer Philippe Starck over a 3 million-euro bill ($3.96 million), a port spokesman said.

The ship, called Venus, was seized recently and Jobs’s heirs and representatives of Starck are negotiating to end the dispute, Jeroen Ranzijn, an Amsterdam-based spokesman of the port, said by phone today. “The expectation is that the heirs and the Starck firm reach a settlement soon, maybe in the next few hours,” he said.

The claim is based on agreement that Starck would receive 6 percent of the vessel’s construction costs, which were originally estimated at 150 million euros, Het Financieele Dagblad reported today, citing Roelant Klaassen, a lawyer representing Starck. Jobs’s heirs say the vessel only cost 105 million euros to build, the newspaper reported.

The yacht has been at the Alaska dock in the Amsterdam port since Dec. 8, Ranzijn said. All aluminum and 78.2 meters (265 feet) long, the ship was launched on Oct. 28, according to the website of Feadship, the Dutch company that built it.

Klaassen and the press department of Starck couldn’t immediately be reached for comment. The yacht was seized by bailiffs Agin Boeder, based in Haarlem, Netherlands, Ranzijn said. The firm declined to comment when contacted by phone today.

To contact the reporters on this story: Fred Pals in Amsterdam at fpals@bloomberg.net; Maud van Gaal in Amsterdam at mvangaal@bloomberg.net

To contact the editor responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net

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