As the middle-size market continues to struggle, megayachts have had yet another explosive year, pushing new limits for the industry and leading some yards to thrive. The world now has 53 yachts over 100 meters, more than double the amount in the fleet 10 years ago. Whilst the Middle East and Russia have remained active in the range, the addition of buyers from the US to the megayacht range has led the space to new heights.
Yacht Harbour looks at the largest yachts delivered in 2019 and what you need to know about them.
#1 Flying Fox
The largest yacht delivered by Lurssen this year, Flying Fox also became the most massive yacht to enter the charter market. Stretching across 136 meters, the yacht’s exterior was designed by Espen Oeino, often involved with large Lurssen builds. Onboard, Flying Fox features 11 cabins with sea view terraces, a 400 square meter spa spread over 2 floors, a 12-meter long swimming pool, a dive center and 2 helipads, all serviced by a crew of 24.
The largest yacht ever displayed at the Monaco Yacht Show, Tis wowed prospective buyers with her one of a kind interior inspired by Parisian palaces and designed by Andrew Winch. The 109-meter long Lurssen was put on the market shortly prior to her delivery and is currently looking for a new owner at a $250 million price tag.
Meanwhile Tis is available for charter at $2.2 million per week. On top of the helipads, swimming pool, spa, gym and luxurious staterooms, arguably one of the most unique amenities onboard is a main salon spread across 2 levels with a grand staircase.
A transformational build for Benetti, the Italian yacht manufacturing behemoth, IJE became 1 of 3 yachts over 100 meters built by the yard in 2019. Delivered to Australian billionaire James Packer, the yacht became his latest flagship following Arctic P. Crafted in traditional Benetti style on the exterior, not much is known about the yacht’s interior.
IJE and its new generation of Benettis did however put the yard into the competition for more 100-meter plus new builds as an increasing number of yards begins to compete for the segment.
The first mega Benetti to be delivered, the 107-meter was built as hull FB 277 and was since named Lana. With its construction overseen by Imperial Yachts, online commentary has been speculating its owner to be from Russia.
Little is known about the ship, other than its distinctive exterior look. At the time of her launch, it was teased the yacht would later be made available for charter, in what is a growing trend among megayachts.
Rounding up the ranks of the 50 largest yachts in the world, Zoza was launched in 2019 for a Middle Eastern owner according to social media. Primarily differentiating itself from other megayachts with tall panoramic windows, the yacht is likely to remain private and off the charter market.
Length: 95 meters
Built by the German shipyard Lurssen, in what has proven to be their size range with the highest resale value thanks to strong demand on the buy size, Madsummer was delivered earlier this year.
Indicative of the growing influence of American influence in the size range, Madsummer was built for experienced yacht owner Jeffrey Soffer active in Florida real estate.
#7 Lady S
A surprising player in the megayacht sector is LVMH. Following their purchase of the Feadship Royal Van Lent yard nearly a decade ago have grown their influence over the space and maintained Feadship’s reputation in the megayacht sector.
Built for Washington Redskins owner Daniel Snyder, Lady S was designed by Michael Leach. Perhaps the most innovative feature onboard the American billionaire’s yacht is an IMAX cinema.
In the fight for supremacy over the megayacht market a rapidly gaining player has become the Dutch-based Oceanco, whose most recent megayacht became DreAMBoat following hallmark projects like Jubilee and Black Pearl.
Another example of Americans’ increasing presence, the 90-meter was built for Home Depot co-founder Arthur M. Blank. The capitalization in the yacht’s name being a clever play on the billionaire’s initials AMB.
Yard: Silver Yachts
One of the most unusual yachts on the water, its story begins with a bet to build fast, long yachts in Australia, which Guido Krass made when setting up Hanseatic Marine. Since renamed to Silver Yachts and now owned by a Chinese aluminium producer, the yard has built 5 yachts, the latest of which is Bold.
It’s most unusual feature is the vast lounge deck with full panoramic windows overlooking a large helipad aft of the main deck. Stretching over 85-meters the yacht is the reflection of a growing desire to explore from a new generation of owners.
Yard: Abeking & Rasmussen
Built for serial yacht owner Herb Chambers, the 80-meter yacht becomes his latest flagship built by German yard Abeking & Rasmussen and 3rd new build with that particular yard. Created with an instantly recognisable look, the yacht is now available for charter.
Amongst her key features is a 3-storey tall atrium with panoramic windows. Chambers’ previous yachts were also named Excellence and proved to be successful charter vessels. His former flagship, Excellence V was sold in May asking €69.5 million. His prior 78-meter Abeking&Rasmussen was however sold to a Russian billionaire even prior to her delivery, now known as Eminence.
Whilst Dutch, German and Italian yards have been competing for the megayacht market, Palumbo Superyachts, an Italian company, has been quietly amassing a leadership position in refits and expanding into new builds acquiring ISA Yachts and now managing to deliver an 80-meter yacht through their Columbus brand.
Dragon becomes the largest yacht built by Palumbo Superyachts. With all of the amenities one would expect of a yacht this size like a 7-meter swimming pool, beach club and vast staterooms, the yacht is a clear statement to the Italian group’s expansion on the scene.
Innovations in megayacht eco-design seem endless. One of the first designers to take a step forward in this direction in 2020 was a marine engineer, Philip Briand. From the headquarters of his studio in London, he presents the concept of sailing in superyachts, which puts zero-emission navigation at the center of all decisions.The latest concept from the French designer appeared after he was motivated to create a “zero-emission yacht”. This is the second concept from the new Briand family of self-contained yachts, which is on the heels of the 90-meter SY300. Briand previously described the SY200 as the "younger sister" of the SY300.The SY200 will travel in two ways: boat sails and underwater turbines, with which it will collect electricity for the 20 batteries that it will carry in its hold.According to Briand, the length of the yacht is 75 meters, and the sail is 2,000 meters, it generates more than 2,000 kW at maximum speed. To do this, he designed a helmet inspired by high-class, shorter sailboats. In particular, he emphasizes his inverted nose and central glass capsule.Ketch is equipped with a carbon fiber mast and rigging, as well as the same modern hull and upturned nose as the SY 300. Briand estimates the power of the yacht is 500 kW when sailing at a speed of 15 knots and 200 kW at a power of 12 knots."I believe we need to embrace ‘lateral thinking’ when it comes to the future of sailing yacht design. We want to work alongside owners to create the perfect renewable energy machine, using only wind, water and solar energy to run the yacht and provide an exceptional experience of peace on board and exploration of the sea.” - Briand said.At speeds of 15 and 12 knots, he expects to add 500 kW and 200 kW, respectively, which will allow him to generate enough energy on board to enjoy her 12 cabins.On board the vessel can accommodate up to 10 guests. Master-suite leads to a large terrace with a jacuzzi and four large guest cabins. The dining table with 16 seats in the cab is protected from the sun and boasts panoramic views.
January 24, 2020
Yesterday, at the Boot exhibition in Dusseldorf, Il Cantiere del Pardo presented the new Grand Soleil 44 Performance. This is a project of Matteo Polly, the best designer in the offshore sector, rated, which is designed to become a reference boat in the racing sector ORC. The new Cantiere del Pardo challenge is called Grand Soleil 44. To win this bid, the shipyard turned to a designer who was best able to interpret the concept of a sports building on racetracks around the world in recent years. This new 44-foot kit complements the Grand Soleil Yachts Performance range, designed for more sporty owners looking for a high-performance boat that can deliver results even in a regatta, located between the GS 34, GS 48 and GS 58. As already noted on board the Grand Soleil 48, the GS 44 will also be available in two versions: the layout will be more suitable for cruising, with a different layout of the sail and deck plan to simplify maneuvers, the other will be more Race for the best on the regatta. Style and elegance complement the DNA of this new 44-foot footer, which feels a family of other models in this line. Despite the very light and sporty body, the liveliness of the interior is surprising in how much volume you can use and perceive. Following the trends of the latest Grand Soleil Performance models, even on 44-foot deck places, both for racing and for enjoying a boat on a cruise, they are truly remarkable, the dimensions of the cabin are significantly increased compared to all previous models. Among the distinguishing characteristics of the boat is the location of the mast in a rather opposite direction, which will increase the sail area for bow sails in order to maximize the characteristics taking into account the average Mediterranean conditions. A choice that also allowed the cabin layout to be promoted and thus have a larger cabin than previous models. The interior layout includes three cabins and two bathrooms. The spaces below the deck have a generous beam that offers large and comfortable volumes: the kitchen is located on the left, the dining room consists of a comfortable sofa with a dining table in the center, which can accommodate up to 8 persons. Master-suite, with a comfortable double bed, a sofa and a private bathroom, is really large for a 44-foot case with a sporty character. To make the interior even more comfortable, there is a wonderful natural brightness that penetrates through the various windows of the hull and onto the deck.
January 23, 2020
Abeking & Rasmussen have confirmed the launch of their new 68-meter superyacht, Soaring. The yacht had emerged out of her shed earlier this week and has now been lowered into the water for the first time this morning.Designed by Focus Yacht Design and project managed by Superyacht Technical Services, the yacht, which is set to become available for charter in the summer 2020, comes in at a size of over 1,500 GT.Soaring's upper deck features its master suite with a private owner's aft deck and a library. The yacht's remaining 5 guest cabins will be located on the main deck and catered to by a crew of 17.
January 18, 2020
Jaime Botin, part of the Satander banking dynasty, had been caught transporting a Picasso painting on his 67-meter sailing yacht Adix back in 2015. Now Madrid courts have fined the Spanish billionaire for €52.4 million and sentenced him to 18 months in prison.Botin, an active art collector, purchased Picasso's "Head of a Young Woman" painting back in 1977 for his collection. In February 2013, he tried to sell the painting at a Christies' auction in London but the art work couldn't leave Spain at their culture ministry's decision.Spain has some of the strictest laws when it comes to national heritage. According to them, any work of art over 100 years old that is considered culturally important in the view of their culture ministry can be deemed a national treasure, requiring its owner to get a permit in order to transport it out of Spain. Botin's permit was denied back in 2012.In 2015, Botin, according to Bloomberg, had his driver transport the painting from his Madrid home to Valencia where his 67-meter sailing yacht Adix was docked. When setting sail in June 2015, her captain didn't include the artwork on the list of onboard items. Soon after it set sail for Corsica, from where Botin had chartered a jet to ferry it to Geneva where he intended to keep it according to the publication.Tipped off that Botin's permit for the export of the Picasso hadn't gone through earlier, they inspected the yacht and found the painting in the captain's cabin.Adix itself is currently in Australia, finishing up her refit programme at the yard Brisbane. The yacht is set to remain in the South Pacific up to the America's Cup in Auckland in 2021. The painting found onboard the yacht in 2015 had an estimated value of $27 million, with experts saying it could now be even more. It has since become the property of the Spanish State.With a net worth valued by Forbes at $1.7 billion, Jaime Botin is the largest shareholder of Spanish bank Bankinter and a member of Spain's most prominent banking families. His great grandfather had founded Spain's largest bank, Santander.
January 18, 2020
Richard Matthews, original founder of Oyster Yachts, has returned to its board as a non-executive director. This follows Richard Hadida buying the company in 2018. Matthews had founded the sailing yacht manufacturer back in 1973.Oyster Yachts built its first 32ft sailing boat in 1973. From there it gradually extended its range of sailing yachts finding its sweet spot in 56ft to 125ft units designed by Robert Humphreys. In 2008 the company was sold to private equity firm Balmoral Capital for £70 million, before the firm disposed of it to HTP Investments for £15 million in 2012.Following a failure of the internal hull structure on Polina Star III, an Oyster 825 model, which led to the yacht sinking in 2015. This led to a recall of 4 other units and a dent in the builder's cash flow despite a £83 million order book in 2017. The following year, the company went into administration, before being purchased by Richard Hadida.Hadida is mostly known for founding Evolution Gaming, a company that powers most online casino games and currently trades on the Swedish stock market with a market cap of near €5 billion. His fried, yacht owner and automotive mogul Eddie Jordan was formerly also involved in the takeover bid with Oyster but later backed out."It is hugely important to me personally that the founder of the brand [Richard Matthews] I hold so close to my heart has given it his seal of approval by joining our board." Hadida explained. "Having restored the company to its former glory with the support of a fantastic team – from talented craftsmen to dedicated management – this feels like confirmation that Oyster is once again synonymous with quality and excellence, just as it was when Richard founded it back in 1973".
January 18, 2020