Twiggy Forrest's superyacht, the Pangaea Ocean Explorer, is currently off the Bundaberg Region coast near Moore Park Beach.
The Marine Tracking website shows the research vessel arrived in the area yesterday and is reportedly heading to Brisbane.
Mining magnate Twiggy Forrest is ranked in the top 10 richest Australians.
Pangaea Ocean Explorer is a 58.22 motor yacht, delivered in 1999. Her top speed is 13 knots and she can accommodate up to 12 people.
The vessel is involved with Minderoo Foundation's $100 million “Flourishing Oceans” initiative to help study and protect global marine life.
“We need to recognise from a recreational and business perspective, not just an environmental perspective, that looking after our oceans is a vital duty we owe to our children and grandchildren,” Mr Forrest said in 2018.
Flourishing Oceans was intended to track global fishing patterns, fund research into ocean plastics pollution and develop a world-class research facility at Exmouth to study the migration of sea life through the Indian Ocean.
It's not known why Pangaea Ocean Explorer is currently on the east coast.
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