To anyone familiar with the yachting industry, the notion of a golden, 30-meter yacht valued at $4.8 billion will sound absurd. This has however not always been the case with mainstream media who have sometimes been fooled by ridiculous press releases.
History Supreme
In the summer of 2011, Stuart Hughes, a UK-based designer, claimed he had been commissioned for the world's most expensive yacht, the 100ft History Supreme. Hughes claimed on his website that the yacht was bought by a Malaysian businessman for £3 billion. 100,000 kilograms of solid gold and platinum were supposed to be used for this project in addition to railings and anchor made of precious metals.
With such a reported price, the story spread like wildfire across national media based on Hughes' statement. Italy-based, Baia Yachts however later came forward with a statement saying that the story was fake and that Hughes had taken pictures from their website, which he then tried to pass off as his own concept.
The Streets of Monaco
Created by UK-based, Yacht Island Design, The 155-meter Streets of Monaco was clearly marked to be a concept, yet, somehow, many outlets have reported on this "superyacht" to actually be in construction. In fact, Rudders & Moorings Yacht Sales have even listed it for sale on YachtWorld to try and find a buyer for this concept which they claim will be built by Turkey-based Ned Ship by 2017, despite it being obviously impossible.
Triple Deuce
In October 2014, the yachting community was baffled to read in mainstream media about 222m Triple Deuce, a project supposedly sold by 4Yacht. Not only was the length of the superyacht baffling but the wording of the press release was also off-putting. The project, for which the designers were never announced, was supposed to have an "agressive" delivery schedule and to supposedly be handed over to the client in 2018.
With 2016 now well underway, Yacht Harbour conducted a study amongst leading figures in the superyacht industry. The study's findings were clear, the Triple Deuce project is 'a total fantasy' as one of the respondents put it. No shipyard is currently working on a project of this scale and all brokers agreed on the fact that Triple Deuce was a publicity stunt.
405ft Gigayacht sold on Ebay
Upon further research, Yacht Harbour's study has also found that the Triple Deuce PR was not the first shot 4Yacht took at marketing through such publicity stunts. In 2005, the company issued a statement that they had listed for sale a 405ft "Gigayacht" designed by Frank Mulder on eBay.
Later, in 2006, a new press release appeared stating the yacht had been sold on eBay via the "Buy Now" button at a price of $85,000,000 for a 50% deposit putting the total sales price at $170 million according to 4Yacht. When Forbes tried investing this information, it transpired the yacht had been re-listed on eBay. 10 years later, there is still no evidence of such a yacht being delivered.
Florence-based Luca Dini Design & Architecture has completed interior design work for Ada Yacht Works' inaugural 50-meter superyacht, launched this week in Bodrum. The Turkish shipyard's flagship project features contemporary Italian styling with smoked oak paneling and polished white finishes."Interior design comes courtesy of Luca Dini Design & Architecture, who bring their signature blend of elegance, comfort, and contemporary Italian flair," stated Ada Yacht Works CEO Onur Tekin. The design incorporates Foglizzo leather details and furnishings from Poltrona Frau and Minotti. "We envisioned a yacht interior that feels timeless, welcoming, and true to its maritime context," said Luca Dini. "This is a space meant to be lived in, where materials not only express beauty but endure with grace."The yacht will begin sea trials shortly, with delivery scheduled for summer 2025. The project represents Ada Yacht Works' entry into the 50-meter-plus market segment.Credits: Luca Dini Design & Architecture
June 3, 2025
Mengi Yay Shipyard has successfully launched the Atlante Classic 35, a new explorer yacht designed for luxury expedition cruising. The vessel marks the shipyard’s first foray into the luxury yacht market following its traditional focus on commercial vessels.The 35-meter yacht features a steel hull and aluminum superstructure, designed by Mengi Yay’s in-house team. The vessel is equipped with twin Caterpillar C18 engines, providing a top speed of 15 knots and a cruising speed of 12 knots. The yacht has a range of 4,000 nautical miles at 10 knots.The Atlante Classic 35 can accommodate up to 12 guests across 6 staterooms, including a master suite, VIP suite, and four guest cabins. The crew accommodation consists of 8 cabins for the crew of 10. The yacht features a spacious main deck saloon, an upper deck sky lounge, and an open flybridge with alfresco dining facilities.The interior design focuses on a contemporary style with natural materials and neutral tones. Key features include a large beach club area with a garage for water toys, a gym, and a spa area. The yacht is also equipped with zero-speed stabilizers for enhanced comfort at anchor.“The Atlante Classic 35 represents a significant milestone for Mengi Yay,” said Mehmet Mengi, CEO of Mengi Yay Shipyard. “We are proud to introduce our first luxury explorer yacht, combining our decades of experience in shipbuilding with modern technology and design.”The vessel is designed for worldwide exploration, featuring a shallow draft of 2.2 meters and a fuel capacity of 45,000 liters. The Atlante Classic 35 also incorporates advanced navigation systems and a state-of-the-art stabilization system.The yacht’s construction began in 2023, and after its launch, it will undergo extensive sea trials and final outfitting before delivery to its owner. The Atlante Classic 35 is expected to be completed in early 2025.Mengi Yay Shipyard, founded in 1972, is one of Turkey’s leading shipbuilders with a focus on commercial vessels. The launch of the Atlante Classic 35 marks the company’s expansion into the luxury yacht market.Credits: Mengi Yay
June 2, 2025
Moonen Yachts has secured the sale of its seventh 37.4-meter Martinique model (YN205) through IYC brokers Matthew Stone and Josh Marshall. The transaction marks the second in-house sale since IYC became Moonen's global sales representative.The American buyer selected the Dutch-built yacht for its customizable layout and indoor-outdoor connectivity. Construction will now extend beyond the original four-week delivery timeline to accommodate owner-requested modifications, including a hot tub installation."This sale demonstrates Moonen's flexibility in meeting client needs," said Matthew Stone, IYC Managing Partner. "The yard stood out among six competitors for its balance of quality, comfort and safety."Designed by René van der Velden with naval architecture by Diana Yacht Design, the 345GT Martinique features Hollander Yacht Design interiors. The yacht will undergo sea trials in the Netherlands before delivery to the U.S. East Coast later this year.Richard Gray, IYC's Head of Sales UK, noted: "This transaction reflects the effective collaboration between IYC and Moonen Yachts in our global representation partnership."The Martinique series continues to attract buyers seeking semi-custom steel-hulled yachts with Dutch engineering. Current construction progress indicates on-schedule completion of the customized modifications prior to sea trials.Moonen Yachts is a yacht builder based in the Netherlands, and its first yacht was built in 1964 under the original yard name of De Ruiter. In 1981, the yard was renamed Moonen Shipyards. It’s launching its first vessel under new ownership: Alhena. In 2017 Moonen Shipyards changed into Moonen Yachts. With the help of strong vision, innovative technology and new designers, Moonen is once again becoming the market leader in 30m to 50m luxury yachts.Credits: Moonen Yachts
June 2, 2025
Turkish yacht builder Numarine has launched two new explorer yachts - the 37-meter 37XP (hull 18) and 26-meter 26XP (hull 27), with a 32.6-meter 32XP (hull 14) scheduled for June delivery. All models feature designs by Umberto Tagliavini (naval architecture) and Can Yalman (exterior/interior)."The XP Series remains one of the most successful explorer ranges in the industry," stated Numarine Chairman Ömer Malaz. "Our yachts from 22 to 47 meters combine stylish design with functional features including ample storage and noise reduction."37XPThe new 37XP flagship offers 362 GT volume and 6,000 nm range at 8 knots. Its layout includes seven guest cabins, with main deck master suite and upper deck VIP option. The 83 m² flybridge and 9-meter tender storage highlight its expedition capabilities.32XPThe 32XP model maintains its position as the series' original offering since 2017, with 4,000+ nm range and six-cabin configuration. The 26XP features four cabins and 3,000 nm range, with optional solar panels and lithium batteries.32XPAll three yachts utilize steel hulls with composite superstructures, emphasizing long-range cruising and onboard comfort. The launches precede the anticipated July 2025 debut of Numarine's new 40MXP model.26XPNumarine, a European high-performance motor-yacht shipyard headquartered in Istanbul, offers a range of yachts from 19 to 45 meters.Credits: Kerem Sanliman; Ryan Alexander; all provided by Numarine
June 2, 2025
Oyster Yachts has introduced its new 24-meter 805 sailing yacht, developed with Humphreys Yacht Design. The model features a twin-access swim platform, configurable interior layouts, and solar-powered hardtop.CEO Ashley Highfield confirmed first delivery for 2027. The yacht offers 3.4-meter or 2.7-meter keel options, with the latter complying with Mediterranean seagrass regulations.Former Rolls-Royce CEO Torsten Müller-Ötvös joins as strategic advisor, stating: "Oyster is very similar to what Rolls-Royce is all about with its relentless striving for perfection."The 805 includes four convertible guest cabins and Oyster's largest sub-30-meter owner's suite. Standard features include ultra-thin marble surfaces and 3kW solar generation.Oyster Yachts was founded in 1973 by Richard Matthews. For 52 years the British brand has created the world’s finest luxury bluewater sailboats.Credits: Oyster Yachts
May 30, 2025