Earlier this year it was revealed that Norwegian billionaire, Kjell Inge Røkke would build the world's largest yacht in the world. With a length of 181.6 meters, his Research Expedition Vessel (REV) is set to beat out the current record holder, the 180 meter Azzam, by 1.6 meters.
Designed by industry superstar, Espen Oeino, the REV will be built by Vard and boast accommodation for up to 36 guests. Following her delivery in 2020, the superyacht will be made available for charter, her main purpose will however be to act as a platform for research and expeditions according to her owner.
"The REV will be a platform for gathering knowledge" her future owner, Kjell Inge Røkke explained. "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 sea."
Valued at $2,9 billion by Forbes, Røkke is currently the fourth richest man in Norway and 693rd in the world. Having started out as an 18 year-old fisherman with no higher education, Røkke made his fortune in the fishing space, purchasing his first trawler in the 1980s and eventually building up a large fleet. Earlier this year Røkke said he planned to give most of his fortune away.
The REV, set to be operated in tandem with WWF is one of the key focuses of his plan to help the environment. Set to be delivered by Vard in 2020, the yacht will be able to deploy mini-submarines, drones and actual submarines, transport up to 60 researches, gather data up to a depth of 6,000 meters and remove up to 5 tons of plastic per day.
Røkke further explained to the media that his first large factory trawler was built by Vard 30 years ago and that he had maintained a great working relationship with them since then, which is why the Norway-based shipyard obtained the contract to build the REV.
Amongst key features on the REV will be equipment for monitoring and surveying marine areas, modern laboratories, an auditorium, two helipads, a hangar for a remote operated vehicle and an autonomous underwater vehicle as a multifunctional cargo deck aft of the ship.
"There may not be any economic rationale for the private construction of such a ship, but the case is compelling from the ocean's point of view" Røkke explained. "I look forward to working with scientists and positive, knowledgeable, solution-orientated people both in Norway and internationally."
When not in use for research, the Research Expedition Vessel will however also engage in 'traditional' charter activity, being rented out to ultra high net worth individuals on a weekly basis. Under this configuration, the megayacht would carry up to 36 guests and a crew of 54.
"The vessel will be built to the highest standard making it suitable for charter to private individuals, companies, and institutions, which will generate research funding, and my family and I will also charter and use the ship as a place for recreation and inspiration" detailed Røkke.
Operated by the World Wide Fund's (WWF) Norwegian branch and its CEO, Nina Jensen, the non-profit will benefit from complete autonomy in managing the yacht with regards to her billionaire owner according to one of his statements. Røkke plans to give away most of his fortune to clean up the oceans.
With a length of 181.6-meters, the REV beats out the 180-meter Azzam for the title of the world's largest yacht by 1.6 meters. Built for the Emir of Dubai by Lurssen in 2013, Azzam is world famous for being the current record holder. Designed by Christophe Leoni and Nauta Yachts, Azzam can reach a top speed of 30 knots powered by engines giving her a total of 94,000 hp.
Prior to Azzam, the title was, for a long time, held by the 162.5-meter Eclipse. Built by Blohm+Voss in 2010 for Russian billionaire and Chelsea FC owner, Roman Abramovich, she features two helipads and a special set of lime-colored lifeboats to qualify to transport a larger number of guests.
Whilst the REV's 2020 delivery date positions her to becoming the world's longest yacht, it is currently unlikely that she will become the world's largest yacht by interior volume due to her open space of the yacht. This record is currently held by Russian billionaire, Alisher Usmanov and his 156-meter Dilbar, delivered by Lurssen in 2016.
The REV is part of a recent explosive growth in Norway's super yacht sector, with several of the world's largest yachts in build in the Scandinavian country. One of these is the 116-meter explorer, Ulysses, which will become the second explorer yacht the shipyard will have delivered to New Zealand's richest man, Graeme Hart in the past 3 years.
Just a few days ago, the shipyard signed a contract to build yet another 100m explorer in partnership with Lurssen. This follows several other commercial shipyards in Norway venturing into the super yacht space and Norway increasing its popularity as a destination for super yachts itself.
Previously most famous for importing his version of American capitalism to Norway, Røkke is already not a stranger to the super yacht world as one might expect. The first yacht that the press linked to Roekke has been the 66-meter sailing yacht, Aglaia delivered by Dutch-based Vitters in 2012.
Designed by Dubois and built out of aluminum, the 66-meter can have its mainsail up in less than two minutes according to the shipyard. She also carries the largest artwork ever made on canvas, a fully customized sail made by Norwegian artist Magne Furuholmen. Now renamed Ahimsa, she was sold at the end of 2014.
Roekke was also reportedly the original owner of the 70-meter Reverie. The largest yacht by gross tonnage ever built by Italian shipyard, Benetti at the time of her build, Reverie was delivered to a design by John Munford in 2000.
With an interior volume of 1,975 GT, Reverie, now known as Freedom following her recent change in ownership in 2013 at an asking price of $49,5 million, she stretches over seven decks.
Røkke's latest yacht is believed to be the 85.9-meter sailing yacht Aquijo. Delivered in 2016 as a joint partnership between Vitters, the builders of the first yacht linked to Røkke and Oceanco, a renowned builder of yachts mainly over 80 meters.
Vitters developed a custom steering system for Aquijo. It works by translating the hydrodynamic forces on the rudder blades directly to the steering wheels on the flybridge, thus providing the helmsman with immediate feedback and a feeling for how the yacht is moving through the water.
The yacht comprises 4 decks and is able to accommodate up to 12 guests. Spaces, particularly where alfresco areas abut interior ones, were configured to flow from one to the other without restrictions.
Aquijo is not only the largest ketch in the world but also among the 10 largest sailing superyachts completed to date. Built under the project name P85, the German studio Dölker + Voges was responsible for her interior design, whilst Tripp Design Naval Architecture styled her exterior.
Often hailed by media as the self-made man who changed the way business was done in Norway, Roekke is also known in the business world as a billionaire with an explosive temper and a taste for the supersized according to Reuters. Currently valued at $2,9 billion by Forbes, Roekke's fortune initially came from fishing, since then the 55-year-old has however expanded his empire.
Leaving high school as a dyslexic teenager with no education, he moved to Seattle to become a fisherman in Seattle. Saving up and eventually investing in a number of old boats, transforming them into trawlers and building up his fortune in the process. Roekke then chose to return to Norway in the 1990s, seeing new opportunities in his home country.
Shortly after his return to Norway, Roekke acquired 40% of 173-year-old conglomerate, Aker in 1996 and merged it with his Resources Group International before acquiring Kvaerner in 2000.
"He was the first one to bring American-style, aggressive capitalism to Norway, daring to use shareholder power to get what he wanted." detailed one of his biographers. "This was quite unheard of in Norway at the time."
When many had thought that Roekke would act as a corporate raider, chopping off the company piece by piece for cash, he took a different approach. "He has shown he thinks about the long-term when he makes investments and buys firms." commented Det Norske former executive, Erik Haugane.
In 2014, Roekke's Det Norske paid $2,1 billion in cash to acquire Marathon Oil's Norwegian business, creating the second largest oil producer in the country behind Statoil. Since his Aker holding has also divested from his original fishing business.
"My wife is totally right when she says I suffer from an incurable disease: gigantomania. She has tried to cure me but given up." he wrote in a 2011 letter to shareholders. "We had agreed to build a sailboat of 66. She meant 66 feet; naturally, I was thinking in meters. It ended up at 66 meters."
Tankoa Yachts has completed the acquisition of the business division of Otam. The transaction, finalized in agreement with both companies' founding families, includes the Otam brand and its historic shipyard in Genoa. The dockyard facilities in Santa Margherita Ligure remain under the current ownership.The acquired Genoa facility comprises approximately 4,800 square meters of covered areas, 3,300 square meters of open-air spaces, and a water basin of nearly 10,000 square meters. Tankoa Yachts plans to implement a restructuring program that will include extending concessions, reorganizing the areas, and constructing new production sheds.The operation includes the integration of Otam's workforce into Tankoa Yachts. All employees are being transferred to ensure job continuity and to add new skills and experience to the shipyard.The Otam brand, with its existing heritage and international reputation, becomes part of Tankoa's portfolio. Tankoa Yachts stated it will preserve the brand's legacy while defining a strategy aligned with its long-term vision.This acquisition represents a continuation of the expansion project Tankoa Yachts presented at the beginning of 2025 and strengthens the company's presence in the Genoa region.Credits: Tankoa Yacht
September 17, 2025
Sanlorenzo will present a fleet of eight yachts at the 65th Genoa International Boat Show, scheduled from September 18 to 23, 2025. The exhibition will be headlined by the Italian public debut of the new SL110A model.SL110AThe 33-meter SL110A represents the latest evolution of the shipyard's asymmetrical line. Its exterior design was developed by Zuccon International Project, with interior spaces curated by Piero Lissoni. The yacht achieves a top speed of 27 knots. Notable features include an owner's suite spanning the vessel's full beam with direct access to a forward pool area.SL86AThe display will include several other models from Sanlorenzo's product lines. The Smart Performance series will be represented by the SP92 sports yacht. The asymmetrical line will feature both the SL86A and SL90A models. The semi-displacement range will include the SD90 and SD96, designed for flexible interior layouts. The SX100 and SX88 crossovers, blending flybridge motor yacht features with explorer yacht characteristics, will complete the presentation.SD90This extensive showcase marks Sanlorenzo's participation in one of Italy's principal nautical events. The shipyard's presence at the Genoa show underscores its continued focus on the domestic market and its diversified product portfolio. Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Guillaume Plisson; all provided by Sanlorenzo
September 17, 2025
Zeelander Yachts will present its new flagship model, the 24-meter Zeelander 8, for the first time at the Monaco Yacht Show 2025. The yacht will be located at berth C27 Quai Chicane during the event, which takes place from September 24 to 27.The yacht features a layout with social areas on the main deck, including lounging and dining spaces, along with a galley. The lower deck contains three guest cabins. The master stateroom is positioned amidships and includes windows and a headroom exceeding 2.1 meters. The first hull includes customized modifications, such as relocating the galley to the starboard side of the salon and integrating the bar area with the cockpit.The yacht is equipped with a large targa sunroof and retractable aft doors. Sound levels are reported to measure below 65 dBA at its full speed of 32 knots. The yacht can reach speeds of up to 40 knots with optional larger engines.Each hull is built to owner specifications, with customization handled by the shipyard's engineering team. The exterior design maintains the stylistic features consistent with other yachts in the Zeelander range.Zeelander Yachts was founded in 2002 in the Netherlands by Sietse Koopmans. The first model was unveiled to the public in 2008. The launch model Z44 received positive reviews at the Monaco Yacht Show and drew enormous crowds, despite being at an event dominated by much larger yachts. Within three years, the Z44 had been successfully introduced to the US as well as Europe, and it was an obvious direction to add a larger model to the fleet. The first Z55 was delivered in November 2015, and the flagship Z72 was launched in March 2019.Credit: Tom van Oossanen/Zeelander Yachts
September 16, 2025
Pearl Yachts has established a new French dealership, Pearl France, with an office in Antibes. The facility is located at Avenue de Verdun, 06600 Antibes, in the Port Vauban area. The office is operated by Cenk Efe, Founder and Director of the Mallorca Marine Group 1994, and will serve as the brand's exclusive representative in France.Iain Smallridge, Founder and Managing Director of Pearl Yachts, stated: “France has always been one of the most important markets for Pearl Yachts. With the opening of Pearl France, we are strengthening our presence in the Mediterranean’s most vibrant yachting hub. Cenk’s expertise and reputation are second to none, and we are confident that this new chapter will bring our boutique philosophy and unique approach even closer to every client and brand enthusiast based in France.”Iain Smallridge and Cenk Efe Cenk Efe, Director of Pearl France, added: “We are honoured to be launching Pearl France in Antibes. French clients value elegance, craftsmanship, innovation, and discretion; qualities that Pearl embodies in every detail. The response so far has been exceptional, and we look forward to growing the brand’s legacy along the Côte d’Azur and beyond.”This opening follows the establishment of Pearl Germany and Pearl Gulf earlier this year.Founded in 1998, Pearl Yachts has established itself as one of the UK’s leading shipyards, specializing in designing luxury motor yachts known for their voluminous interiors, opulence, and design excellence. Credits: Pearl Yachts
September 16, 2025
Heesen Yachts has completed the joining of the hull and superstructure for Project Grace, designated YN 21350. The yacht is the first unit in Heesen's new 50-meter Steel class. The operation, which lasted one week, began at the Talsma shipyard in Franeker, where the steel hull was fabricated. The hull was then transported by river and canal to Heesen's facility in Oss, where the main engines were installed prior to the joining procedure.The yacht is equipped with two MAN engines, each rated at 882kW and compliant with IMO Tier III emissions standards. This is the first Heesen yacht to use this specific engine model.Peter van der Zanden, Head of the Design & Development / Engineering Department, commented: "The new 50-metre Steel series gave us the opportunity to select the ideal engine for our brand-new platform. The MAN D2862LE438 was the clear choice, offering a power and efficiency profile that is perfectly calibrated for Project Grace's performance targets."The exterior design is by British studio Harrison Eidsgaard. The design includes features such as low bulwarks and full-height windows. The studio is also collaborating with Heesen's engineering team on the layout to optimize guest and crew areas.Ruud van der Stroom, Heesen CCO, commented: “Seeing the lines of this first 50-metre Steel yacht take shape is a powerful moment—it’s where the vision becomes a tangible reality. We are confident her iconic design will resonate strongly with a discerning owner.”Project Grace is currently available for sale, with a scheduled delivery date in the first quarter of 2028.Heesen Yachts is a Dutch ship building company that specializes in custom-built superyachts in aluminum and steel from 30m to 70m in size. Founded in 1978, it has launched more than 170 yachts since its inception.Credits: Heesen Yachts
September 16, 2025