Espen Oeino was born and brought up in Norway. Completing naval architecture studies in Normandy, he further worked his way from employment with UK designer Martin Francisto to building his own renowned design company based in Monaco. Espen Oeinio is nowadays considered one of the most influential exterior designers in the yachting world, with his project REV, the largest vessel ever, currently being built in Norway. Yacht Harbour takes a look over some of his most legendary works.
#1. Ocean Victory
Length: 140 m
Builder: Fincantieri
Year: 2014
Ocean Victory was built for Russian billionaire steel magnate, Victor Rashnikov and delivered in 2014. At the time of delivery, she was the largest superyacht constructed in Italy and the 9th largest yacht in the world.
This seven-deck vessel is packed with such alluring features as 6 pools spread out over her 7 decks, an internal foldable dock hosting a 14-metre tender, a helideck with lifting platform and internal helicopter hangar and a spacious (over 300 m2) spa zone. As to accommodation capacity, she can house up to 36 guests on-board.
#2. Dilbar
Length: 156 m
Builder: Lurssen
Year: 2016
Currently the world's largest yacht by gross tonnage with 15,917 GT of interior volume, Dilbar has once redefined the notion of space in yachting. She became Russian billionaire Alisher Usmanov's, valued by Forbes at $16 billion, third yacht and the third yacht to bear the same name, after the businessman's mother.
With the yacht’s beam of 23 meters and a deep draft of 6 meters, cabling used on board stretches over 1,100 km with guests and owner's spaces totally combined to 3,800 square meters of living space. What is more, Dilbar was the largest yacht, featuring a diesel electric power plant from an engineering standpoint.
Ever since her delivery in 2016, Dilbar has been drawing great attention of press as well as social media users around the globe. Her travels throughout the Mediterranean have been essentially documented, with photos of her taken from almost every possible angle.
#3. REV
Length: 182,9m
Builder: VARD
Year: 2021
Nothing less than the largest superyacht in the world once completed, this is one of the recent ambitious projects designed by Oeinio. REV is currently taking shape at the VARD shipyard in Tulcea, Romania.
Built for environmental research missions in partnership with WWF Norway, the Research Expedition Vessel (REV) will also be available for charter for recreational purposes and expeditions.
By virtue of her purpose, REV is designed for long-term operation in remote and harsh waters without external support, able to operate autonomously for up to 114 days. The ship will be equipped with laboratories and hi-tech instruments for exploration of the entire marine ecosystem, able to analyse, document and collect.
REV’s robust exterior lines and modern features ensure she is able to cruise in both arctic and tropical areas alike, with her hull built to ICE PC 6 for navigation in ice. The yacht will also deploy mini-submarines and actual submarines, drones and helicopter, while overhead cranes can lift and launch equipment weighing up to 20 T over the side.
With a beam of 22 metres, REV will also become the largest yacht in the world by gross tonnage of 16,000GT, reportedly overtaking Alisher Usmanov's Dilbar by 100 GT. When in expedition, the vessel will be able to accommodate up to 90 people including the crew.
#4. DreAMBoat
Length: 90m
Builder: Oceanco
Year: 2019
According to the information from social media, DreAMBoat was built for US billionaire and owner of the Atlanta Falcons NFL team Arthur Blank, who is valued at $4.7 billion by Forbes. Her delivery is scheduled to summer 2019.
DreAMBoat is trademarked with generous overhangs from the superstructure and cut outs in the bulwarks lending her classic and strong appearance. The vessel’s exterior features numerous large windows offering panoramic views. Swimming pool aft at the main deck, a partially closed sundeck with Jacuzzi and plenty of seating and entertainment zones and a private Jacuzzi at the Owner’s deck
Her impressive interior volume of 2,950 GT allows accommodation for 23 guests on-board, along with up to 33 crew members.
#5. Silver Fast
Length: 77m
Builder: Silver Yachts
Year: 2015
The vessel represents one of the most advanced and eco-fuel efficient vessels built by Silver Yachts. She is one of the world's largest and fastest aluminium motor yacht with conventional propulsion in terms of length to speed ratio. Silver Fast is capable of crossing the Atlantic at approximately 22 knots cruising speed.
Silver Fast’ alluring amenities include a winter garden, helipad, outdoor cinema, Jacuzzi with capacity for 8 people, a spa area fitted with sauna, steam room, beauty salon and a gym. She can accommodate up to 18 guests in 8 cabins on-board.
#6. Solandge
Length: 85,1m
Builder: Lurssen
Year: 2013
The yacht that won the Monaco Yacht Show Award for Best Exterior Design in 2014. Espen Oeino has created harmonious lines and balanced proportions for the yacht, encasing a vast selection of outdoor living, dining and entertainments zones.
Solandge’ panoramic top deck plays host to a beach club area with customised dance floor, Jacuzzi and a bar while the bridge deck is ideal for relaxation and casual al fresco dining with a spacious seating area. On the bridge deck, there is also a fully-equipped health spa featuring massage room, sauna and gymnasium leading out onto a glass-edged plunge pool.
The yacht can accommodate up to 12 guests in 7 staterooms on-board, including a panoramic master deck featuring 180 degree windows, and a private deck with spa pool.
At the moment of sale in 2017, Solandge was asking €155,000,000.
#7. Flying FOX
Length: 130m
Builder: Lurssen
Year: 2018
Delivered in March, 2019, Flying Fox is the world’s 14th largest yacht at the moment of writing. Nonetheless, she boasts the most elegant and graceful exterior design, maintaining striking looks despite her massive volume of 9,100 GT.
This superyacht’s key features include two helipads, capable of hosting the largest helicopters. Another highlight of the vessel is the large swimming pool located aft of the main deck. Flying Fox also boasts vast sea terraces, swim platforms for watersports.
#8. Kismet
Length: 95,2m
Builder: Lurssen
Year: 2014
This superyacht is owned by Shadid Khan, Pakistani-American billionaire and business tycoon, who is also the owner of the Fulham FC and Jacksonville Jaguars.
Kismet is stretching over five decks, designed with corporate entertainment and charter in mind, thus suitable for parties of up to 270 guests. As an innovative feature, Kismet boasts video walls, extending up to two decks high, able to show regular television but programmed to display high-definition moving artwork.
A large swimming pool and Jacuzzi area, spa zone, movie theatre, an outdoor fireplace and winter garden can be found among the yacht’s luxury amenities.
The yacht’s entertainment and design characteristics have been attracting top artists and events on-board. For example, Jay-Z and Beyonce were spotted on-board last year, while Netflix filmed Kismet in party scene from its biggest production so far, "Six Underground".
#9. Octopus
Length: 126,2m
Builder: Lurssen
Year: 2003
At the time of writing, Octopus remains the largest explorer yacht in the world, not surpassed in 16 years from her launch. She belonged to Paul Allen, one of Microsoft founders, who passed away in late 2018. Allen once described his yacht: "Octopus is less a Bentley than a Range Rover".
As part of this, the yacht is fitted with two submarines, one of which can dive for up to 8 hours with 10 people on it; the second submarine can be remotely controlled. Octopus is capable of accommodating 26 guests in total, with up to 57 crew members. Other amenities found on-board include a second helipad, a swimming pool and a music studio as well as a courtyard-like set up on the third deck of Octopus occupied by guest space.
Despite her expedition nature, the yacht has been much favoured by the world’s first-class celebrities, with Mick Jagger recording an album in on-board studio in 2011 and Usher, U2 and Johnny Cash listed among other performers.
Northrop & Johnson has facilitated the sale of the 54-meter Benetti motor yacht Starfire, represented by broker Carl Sputh. Built in 1997, the steel-and-aluminum vessel has undergone two major refits (2019 and 2023) that included mechanical updates and interior renovations.The yacht accommodates 14 guests across six staterooms with crew quarters for 14 personnel. Recent upgrades comprised a 12,000-hour engine service, new stabilization systems, updated technology infrastructure, and refreshed interior finishes. Starfire maintains Lloyd's classification certification following its most recent special survey.Performance specifications include a 12-knot cruising speed and 15-knot maximum speed with fuel consumption of 64 gallons per hour. The vessel's design emphasizes crew functionality with dedicated workspaces and separate lounge/dining areas.The Starfire transaction represents continued activity in the secondary market for well-maintained superyachts with recent refit histories. Northrop & Johnson's involvement underscores the brokerage's presence in the 50-60 meter segment. Both yachts demonstrate the enduring value of robust engineering and periodic upgrades in maintaining vessel competitiveness across decades of service.Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. Benetti designs, builds and sells composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. The fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom to meet all the needs of the market. Benetti belongs to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.Credits: Northrop & Johnson
August 13, 2025
The Italian Sea Group (TISG) has reported decreased financial performance for the first half of 2025, citing geopolitical tensions and economic uncertainty. Revenue declined 1.4% year-on-year to €186.8 million, while net profit fell 58% to €12.2 million, partly due to the absence of a capital gain from the 2024 Viareggio shipyard sale.CEO Giovanni Costantino attributed the results to "ongoing geopolitical and economic tensions," specifically noting U.S. protectionist policies as contributing factors. The company maintains an order backlog of €1.19 billion as of June 30, 2025, slightly down from €1.24 billion at year-end 2024.Key financial metrics include:EBITDA of €30.4 million (16.3% margin), down 6.3%EBIT of €25.6 million (13.7% margin), down 4.5%Net debt position of €63.2 millionThe group delivered four yachts during the period - three Admiral models (55m, 66m, 78m) and one 60m Perini Navi. Shipbuilding revenues increased 3% to €172.6 million, while refit revenues declined 52% to €10.9 million as the company prioritized new construction.TISG has revised full-year 2025 guidance, now projecting revenue between €350-370 million (down from €410-430 million) and EBITDA margin of 16.5-17.0% (previously 17.5-18.0%). The company secured €115 million in new long-term financing during the period to support operations.Upcoming projects include the debut of several flagship models at Monaco Yacht Show 2025, including the 72m Admiral Giorgio Armani and 60m Perini Navi sailing yacht. The group continues developing strategic partnerships with Armani and Lamborghini to strengthen its ultra-luxury positioning."Despite current challenges, we remain confident in our ability to finalize ongoing negotiations by year-end," stated Costantino. "Our design excellence and customized approach continue to differentiate our brands in the global market."The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credit: The Italian Sea Group
August 13, 2025
The 40.6-meter explorer yacht ZeXplorer has been sold and renamed Arya in a transaction facilitated by Fraser Yachts. Marco Fodale of Fraser Monaco introduced the buyer, while Antoine X. Larricq from Fraser Monaco and George Bourgoignie from Fraser USA represented the seller in the deal.Originally built in 2013 by Newcastle Shipyards in Florida, the steel/aluminum expedition vessel underwent extensive refits between 2020-2023 that included a hull extension and complete mechanical system overhaul. The ice-classified yacht features exterior design by Sparkman & Stephens and interior styling by Oversee Yachts, with naval architecture developed through collaboration between Sparkman & Stephens and Boksa Marine Design.The 430 GT vessel accommodates 12 guests across six staterooms, including a full-beam master suite on the lower deck and a VIP stateroom on the bridge deck. Interior designer Christina Norris completed a comprehensive redecorating project in 2022, incorporating rich mahogany wood panels, white headliners, and light wool carpets over black oak floors. Large stormproof windows throughout provide abundant natural light in the main salon, dining area, and lower deck spaces.Recent technical upgrades included installation of new propulsion systems and modernized operational equipment, along with updated entertainment systems throughout the yacht. The refit also added Quantum zero speed stabilizers to ensure comfortable cruising in various sea conditions.Power comes from twin Caterpillar C32 engines that deliver a cruising speed of 10.5 knots and maximum speed of 13.5 knots. The yacht's robust construction includes an ice-strengthened steel hull designed for worldwide operation in all latitudes.Outdoor amenities feature multiple deck areas including an aft deck lounge, sun deck with hot tub and bar, and an expansive tender storage area capable of accommodating two 8-meter tenders plus additional water toys. The bridge deck includes a skylounge and dedicated fitness area.The vessel was listed at $10 million at the time of sale.Credits: Fraser
August 13, 2025
Lürssen has launched the 114-meter megayacht Cosmos, a hybrid vessel equipped with two 500 kW methanol fuel cells that enable emissions-free cruising for extended periods. The yacht, introduced as part of the company’s 150th anniversary, can travel up to 1,000 nautical miles on electricity alone and remain at anchor with zero emissions for up to 15 days.Commissioned by an undisclosed owner, Cosmos features an all-steel hull reinforced to Ice Class 1D, allowing navigation in polar waters as well as across all major oceans. Alongside its methanol-based hydrogen power system, the yacht is fitted with diesel generators, engines, and tanks to allow conventional propulsion for higher speeds.Designed inside and out by Marc Newson, the vessel has a beam of 18 metres (59 feet), a gross tonnage of 6,300, and spans six decks. The design incorporates extensive use of glass, including a custom-engineered glass-domed owner’s study offering 360-degree views, a surrounding sky terrace, and an observation lounge located beneath the helipad.Outdoor amenities include a main deck with a swimming pool, Jacuzzi, seating areas, and an aft dry dock for tender operations. The combination of ice-class construction, hybrid propulsion, and large-scale glazing represents Lürssen’s latest application of advanced engineering to meet evolving environmental and design goals.Credits: Lürssen
August 12, 2025
The NOA 46, a 46-meter motor yacht built by The Yacht Factory in Yalova, Turkey, will be presented for the first time at the Cannes Yachting Festival from 9 to 14 September. Ocean Independence has been appointed as Central Agent for the vessel.Designed by Hot Lab Yacht Design, the yacht is intended for long-range cruising and features a steel hull, aluminium superstructure, and compliance with RINA and MCA classifications. Accommodation is arranged for ten guests in five staterooms. The main salon connects directly to an al fresco lounge area with a large jacuzzi, while the sundeck includes a DJ booth, bar, and gym area.The interior uses predominantly brown and beige tones, with large windows providing natural light throughout. Power comes from twin MAN 1,450HP engines meeting IMO Tier III standards, giving a range of 4,000 nautical miles at 10 knots, a cruising speed of 13 knots, and a top speed of 15.7 knots. ABT TRAC fin stabilisers are fitted for stability underway and at anchor, and the yacht is equipped with Simrad navigation systems.The Yacht Factory operates on a 200,000-square-meter site with facilities including a floating dock for large yachts and a travel lift with an 800-ton capacity.Credits: Ocean Independence
August 12, 2025