Yachting tends to be associated with its early Mediterranean roots, yet recent accelerating growth in the superyacht sector in Norway may indicate the beginning of a shift to new yachting hubs. From Espen Oeino's influence on yacht design to the largest yacht in the world to be built in Norway, the country's mark on yachting continues to strengthen as capacity in Northern Europe starts to lack.



Monaco-based Espen Oeino has been designing yachts since 1986, penning the lines of many of the the world's leading shipyards' flagships including Lurssen's 156-meter Dilbar, Heesen's 70-meter Galactica Super Nova and Fincantieri's 140-meter Ocean Victory

The Norwegian designer's most ambitious projects may however be the 181.6-meter REV to be built by Vard for Norwegian billionaire, Kjell Inge Røkke valued by Forbes at $2,7 billion and primarily known in the business world as the majority stakeholder in Aker, a shipping and offshore drilling conglomerate.



Scheduled for delivery in 2020, the 181.6-meter yacht, set to be the world's largest, will be built by Norwegian shipyard, Vard, topping Azzam's length by almost 2 meters. "The REV will be a platform for gathering knowledge", explained Kjell Inge Røkke, "I would like to welcome researchers, environmental groups, and other institutions on board to acquire new skills to evolve innovative solutions to address challenges and opportunities connected to the seas".

Operated for scientific excursions in tandem with WWF Norway, the Research Expedition Vessel should also be made available for charters of up to 36 guests to help fund more scientific work. Vard was chosen for the build as Mr Røkke's first large trawler came from the shipyard, from which continued a 30-year long working relationship between the two.


The REV won't however be the first significant megayacht coming out of Norway. Indeed in 2013, Graeme Hart, New Zealand's richest man, ordered a 107-meter explorer from Norway-based commercial shipyard, Kleven. In November 2014, as the first Ulysses was under build, Hart commissioned a second 116-meter explorer from the yard.

Delivered in 2016, the 107-meter Ulysses was dubbed by many as the ultimate explorer due to her 22-meter tender on her bow, launched by two special cranes. Amongst her stand-out attributes are a 8,500nm range, an 11-meter swimming pool on the upper deck and a helicopter garage on the top deck.



"I am very pleased with the quality of the work that has been done by Kleven, and how our organization have worked together to bring this exciting project to life', commented Graeme Hart in November 2014 on Kleven's work on the first Ulysses.

Soon after her delivery, the explorer designed by Norwegian firm, Marin Teknikk, was put on the market asking $195 million ahead of the delivery of the new 116-meter Ulysses scheduled later this year.



Amidst growing development coming from the Norwegian superyacht ecosystem, a new player announced it was diversifying into the sector in November 2016. Ulstein Verft, a commercial shipyard based in Norway, then confirmed it was building a 88.5-meter yacht, designed by Espen Oeino, for one of the world's biggest ship owners.

With the marine platform and hull line design being developed by Ulstein itself and the general arrangement and exterior being penned by Oeino's Monaco-based studio, the 88.5-meter is set to be delivered already in the first quarter of 2018, a significant advantage of Norwegian upstarts compared to established superyacht yards in Northern Europe where waiting lists typically extend for several years for builds of this size.



Yacht construction and design is however not the only thriving part of the Norwegian superyacht ecosystem. In recent years, an increasingly important number of superyachts have started coming to visit Norway and its fjords amidst a thirst for new destinations. This uptick has become so significant that an association called Superyacht Norway was even established by local players to promote the destination.

Although still in an embryonic stage compared to the Med or the Caribbean, the May through September charter season in Norway is attracting more and more yachts. Recently, these have included visitors such as the 33.5-meter Feadships Kamino and Moon Sand Too and the 73.69-meter Ilona.



Popular destinations in Norway for superyacht cruises include Rosendal, a port at the foot of the Folgefonna glacier, near ski slopes, trek paths and waterfalls as well as Lofthus, a small privately-run port deep within a fjord with its own five-star hotel often visited by Norway's Queen and other high-profile visitors.



Although still in its very early stages, Norway's superyacht scene could soon start to rival the more established yachting hubs in Northern Europe and the Mediterranean, perhaps unlocking areas in Norway and Scandinavia as new yachting destinations.

Latest News

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