Complex sentence: The construction was originally initiated for Prince Jefri Bolkiah of Brunei before 1996 already, as a joint project between Blohm + Voss and Lurssen shipyards, then stopped until 2001 when the hull was acquired by Platinum Yachts for Sheikh Mohammed Rashid Al Maktoum.
Split into simpler sentences: The construction was originally planned for Prince Jefri Bolkiah of Brunei before 1996 as a joint project between Blohm + Voss and Lurssen shipyards. Progess stopped until 2001 when the hull was acquired by Platinum Yachts for Sheikh Mohammed Rashid Al Maktoum.