Particularly strong for the megayacht market, 2018 has seen many deals go through the market. Yacht Harbour looks at the largest yachts sold so far in 2018 through its proprietary Timeline system.
#1 Jubilee
Length: 110m / 361 ft
Asking Price: €275,000,000
Yard: Oceanco (2017)
Built by Oceanco for the late, former emir of Qatar, the yacht was put on the market shortly before its delivery at an asking price of €275 million. Designed by Russian designer, Igor Lobanov, the yacht's exterior features fake, intermediary decks that make the yacht appear larger than it is when looked at from afar.
Now owned by an American billionaire according to several industry sources, Jubilee can accommodate up to 32 guests in 16 cabins and carry a crew of 45. Key amenities onboard include a swimming pool with a built-in aquarium, a helipad and a large beach club.
#2 Ona
Length: 110m / 360 ft
Asking Price: €250,000,000
Yard: Lurssen (2008)
Famously built as Dilbar, the 110-meter Lurssen was renamed to Ona by Russian billionaire, Alisher Usmanov, when the new, 156-meter Dilbar was delivered in 2016 and became the largest yacht in the world by gross tonnage. First listed for sale at the end of 2016 asking €250 million, Ona was later no longer publicly marketed for sale. Earlier this year, her name was changed to Raya presumably by a new owner although the yacht remains berthed at the same location in Monaco.
Length: 95m / 312 ft
Selling Price: €35 million
Yard: Oceanco (2000)
Built in 2000 by Oceanco in the Netherlands as Al Mirqab, the 95-meter yacht remains one of the most iconic on the water. Refitted in 2006 and renamed to Indian Empress by Indian billionaire, Vijay Mallya, the yacht was famously auctioned off by Malta after failures to pay creditors and crew. Following several attempts, the yacht was sold for €35 million and renamed to Neom following the sale.
#4 Kibo
Length: 82m / 268 ft
Asking Price: €129,000,000
Yard: Abeking & Rasmussen (2014)
Delivered in May 2014 by Abeking & Rasmussen to Russian billionaire Alexander Mamut according to Forbes, the 82-meter Kibo was designed by Terence Disdale. Listed for sale in 2018 asking €150 million, the yacht's asking price was then reduced to €129,000,000 in August and ultimately sold in November. Following the sale, the yacht was renamed to Grace and a 54-meter Amels under the name Grace was listed for sale.
Length: 75m / 246 ft
Asking Price: €75,000,000
Yard: Oceanco (2008)
Launched as Oceanco's hull Y703 in 2008, Anastasia was delivered amongst an uptick in the superyacht market. According to Forbes, she also became the first of a series of 3 yachts that her Russian billionaire owner, Vladimir Potanin would build at Oceanco.
Initially listed on the market in 2012, when her owner took delivery of the 88.5m Oceanco, Nirvana, Anastasia was first asking €125 million. The newly delivered Nirvana was also listed for sale around the same time asking €230 million. After nearly two years, asking prices were first reduced and the yachts were eventually taken off the market as shows the Timeline index.
Made available for charter since then from €600,000 per week, Anastasia came back on the market last summer asking €75 million. Around the same time, the 88m Barbara, an improved version of Nirvana, was delivered to her owner according to Forbes. Now, Anastasia has been sold, switching names to Wheels.
Length: 73m / 240 ft
Asking Price: €78,500,000
Yard: Perini Navi (Picchiotti) - 2013
Delivered in 2013 by Picchiotti, part of the Perini Navi group, Grace E was instantly met with a positive reaction at the Monaco Yacht Show in 2014 thanks to a unique design. In Q2 2017, the yacht was listed for sale and ultimately found a buyer in March 2018.
Length: 70m / 230 ft
Asking Price: €88,000,000
Yard: Perini Navi (2016)
The second largest sailing yacht built by the yard since the Maltese Falcon, Sybaris was built for American businessman Bill Duker in 2016 by Perini Navi. The yacht was listed for sale in April 2017 asking €88 million and sold at the same asking price in October 2018.
Length: 70m / 230 ft
Asking Price: €46,700,000
Yard: Lurssen (2007)
Saint Nicolas' started as one of 3 yachts built by American entrepreneur Warren E Halle at Lurssen, in what had been a golden era of yacht flipping, during which developers would commission a yacht with the intent of selling it immediately after or even before launch. In 2008, Project Nemo was sold for €71,500,000 and became known as Saint Nicholas. According to Forbes, its buyer was Russian billionaire, Vasily Anisimov.
Refitted in 2017, Saint Nicolas was listed on the market in the third quarter of 2017 at an asking price of €65 million. She then underwent a series of price reductions, most recently in September 2018, before now being sold at an asking price of €46.7 million.
Length: 68.5m / 225 ft
Asking Price: €59,000,000
Yard: Amels (2006)
Initially built by Amels in the Netherlands in 2006 under the name Lady Anne PB, the yacht was first sold in 2011 and renamed to Lady S. Following 2 refits in 2013 and 2015, the yacht came on the market in Q1 2018 asking €59,000,000. The yacht sold just before the summer.
Length: 67m / 220 ft
Asking Price: €28,500,000
Yard: Damen (2014)
Formerly the support vessel for Flying Fox, the 6711 support vessel was built as part of Damen's fast support ship programme. Listed for sale in July 2017, the yacht was sold asking €28,500,000 in February 2018. Amongst its key features are a helipad, diving center and 275 square meters of open deck space to transport toys.
Length: 66m / 217 ft
Asking Price: €85,000,000
Yard: Feadship (2016)
Delivered in 2016 by the Dutch shipyard, Vanish was introduced at the Monaco Yacht Show later that year. Designed in a light, modern feel, the 66-meter has a high ceilings and an impressive interior volume. Listed for sale in October 2018, the yacht was reported as sold in December 2018 asking €85 million.
Ferretti Yachts has announced the Ferretti Yachts 800, a new flybridge yacht designed to enhance the cruising experience through a combination of elegance, functionality, and privacy. The project, presented at Boot Düsseldorf, is under construction at Ferretti Yachts’ Cattolica shipyard.The Ferretti Yachts 800 features exterior design by Filippo Salvetti and interior design by IdeaeItalia. The yacht has an overall length of 24.47 meters and a maximum beam of 5.91 meters. A version with a shorter stern platform is also available to comply with the 24-meter limit established by French law.Filippo Salvetti commented, “With the introduction of a new aesthetic… the design of Ferretti Yachts 800 embraces a bold and functional approach that elegantly redefines the distribution of spaces between the main deck, the bridge and the flybridge.”Key features include large windows, optional sliding door on the starboard side, segregated spaces, and a 40 sq. m flybridge. The interior has a Classic or Contemporary mood option.Ideaeitalia stated, “Our aim with Ferretti Yachts 800 is to breathe life into a boat concept that’s future-forward without sacrificing the brand’s signature refinement… It’s a project that redefines the on-board experience through solutions that combine aesthetics and functionality."The yacht includes a 7 m2 beach area, a 15 m2 cockpit, and a salon with two-meter ceiling height. The lower deck has a master suite, VIP cabin, and two guest cabins, providing eight berths and four en suite bathrooms. The flybridge area is 40 sq. m.The Ferretti Yachts 800 can be powered by two 1,550 HP MAN V12 engines (27 kn top speed/15 kn cruising speed) or two 1,800 HP MAN V12 engines (31 kn top speed/27 kn cruising speed).The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group
March 3, 2025
AES Yacht has launched the 35-meter custom superyacht Mereley I, with exterior and interior design by Milan-based studio Hot Lab, part of the Viken Group. The yacht is now available for purchase through Northrop & Johnson.Enrico Lumini, Hot Lab co-founder and design director, describes the vessel as positioned between a modern explorer and a sportier yacht: "Her volumes clearly reference the tradition of expedition vessels, yet at the same time have a more dynamic and sporty spirit. We wanted to give a sleeker look to a classic explorer."Built to RINA classification, Mereley I features a semi-displacement steel hull, aluminum superstructure, and a transatlantic range of 3,800 nautical miles at 11.5 knots. The design emphasizes contrasts, utilizing dark greys, blacks, and natural tones. Key materials include oak, lacquered finishes, and 3D-textured surfaces. The yacht accommodates up to 12 guests in a full-beam owner's suite and four additional cabins.Erdem Biçer, shipyard manager and partner at AES Yacht, stated: “Our goal was to design a striking, modern explorer yacht with expansive windows, open bulwarks, and a spacious layout… and the Hot Lab team executed everything to perfection.”Deniz Kaymaz, yacht broker at Northrop & Johnson, commented: “More than just a yacht, Mereley I is a statement of ambition, sophistication, and the pursuit of adventure… Crafted with precision and vision, this yacht isn’t just about reaching destinations; she’s about redefining the journey."AES Yacht is planning a second hull and is collaborating with Hot Lab on a 40-meter version. Antonio Romano, commercial and marketing director of the Viken Group and co-founder of Hot Lab, expects success in the charter market: “Mereley I is a perfect example of how it is possible to build a magnificent yacht from scratch in Turkey, featuring cutting-edge characteristics and top-tier aesthetic and technical finishes."AES Yacht is located in Kocaeli Free Zone, Turkey. The company is building mega-yachts made of steel and aluminum. Credits: Northrop & Johnson
March 3, 2025
At the Dubai International Boat Show, Majesty Yachts, part of Gulf Craft, announced the sale of the first unit in its 44.2-meter Majesty 145 series. The news was shared during a press conference led by Gulf Craft chairman Mohammed Hussein Alshaali.The Majesty 145 stands as a mid-range offering within the lineup, positioned between the 32.3-meter Majesty 100 Terrace and the 54.4-meter Majesty 175. Interior design by renowned Italian studio Cristiano Gatto Design features a neutral color scheme complemented by warm lighting and navy blue accents. The studio, known for its work on Gulf Craft's flagship Serenity MRF, brings a refined aesthetic to the vessel.While specific details remain limited, renderings showcase notable amenities such as dual dip pools located on the main deck aft and sundeck, along with an upper deck al fresco dining area and a lounge designed for panoramic ocean views.Chairman Alshaali highlighted the significance of the sale, stating it reflects client confidence in Gulf Craft's design and engineering capabilities. He expressed enthusiasm for the upcoming launch, emphasizing the brand's commitment to setting new standards in the yachting sector.The first Majesty 145 is scheduled for launch in spring 2026.Since the company’s inception in 1982, Gulf Craft has grown to become one of the top seven shipyards in the world: once a builder of small fishing boats in its modest premises, which was a genuine passion for Gulf Craft, they then established their credentials as a leader of innovation and technology in the yachting industry. With five brands in their product portfolio ranging from 31 to 175 feet, Gulf Craft manufactures yachts and boats that appeal to a wide audience, such as touring passenger vessels, Silvercraft family day boats, Oryx Sport Cruisers, Nomad Explorer Yachts, and the flagship Majesty Yachts.Credits: Gulf Craft
February 28, 2025
The Board of Directors of Ferretti S.p.A. has approved the consolidated preliminary financial results for the fiscal year ending 31 December 2024. Key highlights include:Order Backlog: Reached an all-time high of €1.7 billion, marking a 25.5% increase compared to September 2024 and an 11.6% rise over December 2023.Revenue Growth: Net revenue from new yachts increased by 5.6% to €1,173.3 million compared to 2023.Profitability: Achieved an adjusted EBITDA margin of 16.2%, exceeding expectations and showing strong operational efficiency.Net Profit: Rose by 5.6% to €88.2 million compared to the previous year.Board Changes: The company appointed two new directors – Tan Ning and Hao Qinggui – and restructured its committees.Alberto Galassi, CEO of Ferretti Group, expressed optimism about these results, attributing them to the company's innovative strategies, commitment to quality, and customer trust. He emphasized the group's focus on expanding globally, investing in technology, and enhancing products to reinforce their market leadership.These figures demonstrate Ferretti Group's robust financial health and continued success in the luxury yacht industry.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credits: Ferretti Group
February 28, 2025
Feadship announces the completion of Project 714, a 79.95-meter yacht destined to become a significant addition to its fleet. Having left the construction shed at the Aalsmeer facility, the vessel is now undergoing final outfitting and preparation for sea trials.Designed by RWD, Project 714 boasts an exterior characterized by sculpted curves and a striking blue hull, reflecting the pinnacle of sophistication and style. Feadship’s renowned attention to detail is evident throughout, ensuring that both aesthetics and performance meet the highest standards.Naval architecture by Feadship De Voogt Naval Architects plays a crucial role in delivering optimal performance, while the yacht also incorporates cutting-edge technology through the FEAD (Feadship Advanced Electrical Drive) program. Featuring a diesel-electric hybrid propulsion system, Project 714 benefits from increased electrical storage capacity, surpassing previous iterations like the Savannah. Two contra-rotating thrusters replace conventional drive shafts and rudders, minimizing drag and improving efficiency.Computational Fluid Dynamics (CFD) analysis informed the design of the pods and propellers, resulting in reduced vibration and enhanced comfort. This approach underscores Feadship’s commitment to innovation and sustainability, reinforcing its leadership in the superyacht industry.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
February 28, 2025