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."
Italian shipyard AB Yachts, part of Next Yacht Group, has unveiled the AB 110S, a sportier version of its AB 110 model. The 33.7-meter yacht marks AB Yachts' first collaboration with automotive design firm EXE Design, incorporating elements such as a raked windshield and lightweight profile."We also boast over 20 years of experience in naval architecture. [And] this cross-sector approach is the real added value of our work," said Stefano Bedoni of EXE Design.Key features include multiple retractable systems: a sliding cockpit cover, a sunroof between the helm and saloon, and a hardtop that can cover either the helm station or sunpad. The main deck integrates a sunbathing area and a bar serving both indoor and outdoor spaces. A forward "flying couch" provides elevated seating with panoramic views.Powered by three MAN V12X-2200 engines, the AB 110S reaches 48 knots. The engine room is fully soundproofed to minimize noise and vibrations. No pricing or delivery details were disclosed.Italian shipyard AB Yachts was founded in 1992. In 2001, AB Yachts was acquired by the Fipa Group. Today Next Yacht Group is the owner of the historic Maiora, AB Yachts, and CBI Navi brands. AB Yachts range consists of semi-displacement yachts from 17.70 to 42 meters.Credits: AB Yachts
June 26, 2025
Cantiere del Pardo has introduced the Grand Soleil 65 Performance, a performance-oriented evolution of its 20-meter sailing yacht series. Following the Long Cruise version, this model emphasizes speed and responsiveness while retaining onboard comfort. The yacht made its debut at the Palma International Boat Show in May.As part of the Plus Line for vessels over 18 meters, the 65 Performance involves owners in the customization process from initial design stages. Franco Corazza, project manager for the Plus Line, stated: "The 65-footer is the result of a totally Made-in-Italy design process that brings together a team of professionals representing Italian excellence in the yachting sector." Naval architecture was handled by Matteo Polli, structural design by Marco Lostuzzi, and layout by Nauta Design.Environmental considerations include sustainable teak, laminated glass insulation, linen-reinforced composites, water-based paints, and solar panels. The hull utilizes epoxy-infused biaxial fiberglass and carbon reinforcements, with construction processes meeting strict quality certifications.Matteo Polli's design adapts features from the larger Grand Soleil 72, including a V-shaped bow for reduced drag and improved light-wind performance. The sail plan positions the mast aft to maximize the foretriangle, with a self-tacking jib as standard for simplified handling. Underwater, an inverted T-keel and single rudder balance stability and maneuverability, offering draft options of 3.5 meters (standard), 3.0 meters (shallow), or telescopic configurations.Nauta Design optimized deck space and interior flow, lowering the saloon to align with cabin levels for improved continuity. The coachroof's tapered profile distinguishes it from the Long Cruise version's panoramic windows. Massimo Gino of Nauta Design noted: "Our challenge was to convey a sense of motion and energy while preserving comfort, functionality, and style."Interior materials are customizable, with owners selecting finishes from the shipyard’s portfolio. No pricing or delivery timelines were disclosed.Cantiere del Pardo was founded in 1973 in Italy. Pardo Yachts, the brand of Cantiere del Pardo dedicated to powerboats, was born in 2016. The first model, the Pardo 43, was launched in 2017. Grand Soleil was founded in 1973 and is famous for its yachts, which ensure performance for regattas, autonomous long-distance navigation, as well as a high level of sustainable consciousness.Credits: Grand Soleil Yachts
June 26, 2025
Denison Yachting has announced the availability of the fourth hull in the Conrad C144S series, priced at EUR32 million with a two-year delivery window. The vessel follows three previous models, including the award-winning Ace (hull 1), Extra Time (hull 2), and the upcoming Moonlight (hull 3), the latter two sold by Denison.Built by Conrad Shipyard in Gdańsk, Poland, the 44-meter C144S is a full-displacement superyacht with a steel hull and aluminum superstructure. The design features exterior styling by Reymond Langton Design and naval architecture by Diana Yacht Design, emphasizing seakeeping performance. The "S" designation refers to the straight bow, which increases interior volume while maintaining a streamlined profile.Interior options include the original M2 Atelier concept seen on earlier models or alternative designs, such as Nauta Design’s understated approach chosen for Moonlight. The yacht accommodates 10–12 guests across a full-beam owner’s suite and four VIP cabins, with crew quarters for nine.Key features include a sundeck with a hot tub, infinity pool, and outdoor cinema, along with a beach club featuring a wet bar and wellness area. Storage capacity includes a 7-meter tender, two jet skis, and multiple SeaBobs.With a transoceanic range exceeding 4,000 nautical miles, the C144S cruises at 11 knots (max 13.8 knots) and complies with IMO Tier III and Lloyd’s MCA LY3 standards."The C144S represents a proven platform with award-winning design and strong value in the 500GT segment," said Denison broker Alex Clarke. Delivery is scheduled for 2027.Conrad Shipyard is located in Gdansk, Poland and specializes in building steel, and aluminum luxury yachts ranging from 24 to 100 meters in length.Credits: Denison Yachting
June 26, 2025
The Italian Marine Industry Association will present the 65th Genoa International Boat Show at Expo 2025 Osaka on June 30, highlighting the Mediterranean’s largest boating event and the world’s third-largest boat show.The Japanese presentation serves as a strategic platform to reinforce the Genoa International Boat Show’s position as a global hub for promoting Italian marine manufacturing. The event is part of Liguria Week at the Italian Pavilion, aiming to demonstrate Italy’s leadership in the boating sector.The Italian boating industry achieved a record global turnover of €8.33 billion in 2023, marking a 13.6% increase from the previous year. Exports surpassed €4.3 billion, with Italy leading worldwide superyacht production (>24m) and inflatable boat manufacturing. The sector supports over 200,000 jobs with a 90% export rate.Organized by the Italian Marine Industry Association – Confindustria Nautica, the Genoa International Boat Show has maintained its status as a global reference point for the marine industry for 65 years. According to Nielsen analysis, the event generates between €65 and €70 million during its duration and attracts industry professionals from over 30 countries.Alessandro Gianneschi, Vice President of the Italian Marine Industry Association responsible for promoting Made in Italy production, commented: “With its presentation at Expo Osaka, the Genoa International Boat Show, organised by the Italian Marine Industry Association, continues in its role as an ambassador of the Made in Italy brand across the world and of the industrial value of the boating sector. For 65 editions, the Genoa International Boat Show has promoted and supported the boating industry, thanks to its specific nature as a supply chain event, designed and organised by the Italian Marine Industry Association, an Association of Companies for Companies, and has fostered such an exceptionally positive trend over the last twenty years, accompanying the sector’s businesses on a journey defined by growth and excellence.”The 2025 edition will take place from September 18-23 at the new Levante Waterfront venue designed by architect Renzo Piano. The 20,000 sqm event features five interconnected product areas: Yachts & Superyachts, Sailing World, Boating Discovery, Tech Trade, and Living the Sea. The venue’s unique design allows 85% outdoor space for sea trials and seamless visitor access.The show will also host the 4th World Yachting Sustainability Forum and the Design Innovation Award, recognizing creativity and technological excellence among new products.Credits: Confindustria Nautica
June 26, 2025
The centenary edition of the Royal Ocean Racing Club’s Rolex Fastnet Race is set to feature a fierce competition among the world’s fastest 100-foot maxi yachts vying for the prestigious Erivale Trophy for monohull line honours.The main contenders this year are Black Jack 100, owned by Ramon Vos, and SHK Scallywag, belonging to Seng Huang Lee. Black Jack 100, originally Alfa Romeo II, underwent a complete refit in Italy. Skipper/project manager Tristan le Brun noted: “We’ve done a full overhaul of all systems… We’ve replaced all the moving parts.” The yacht features a revised sail plan with a reduced mainsail and enlarged foretriangle.SHK Scallywag, formerly Ragamuffin 100, has a notable racing history. In the recent Rolex Middle Sea Race, it finished 18 minutes ahead of Black Jack 100. The yacht recently won the Loro Piana Giraglia.Another strong contender is Leopard 3, owned by Joost and Laura Schuijff. Long-term skipper Chris Sherlock reported: “We had a new rig and a new sail package and we reduced the weight of the boat by 10 tonnes.” The yacht is preparing for the event after winning the Rolex IMA Maxi 1 World Championship in Porto Cervo last year.The fleet also includes VO70 yachts, with Christian Zugel’s Tschüss 2 being a strong contender. The yacht, originally Groupama 70, has an impressive racing record, including victories in the Volvo Ocean Race, RORC Caribbean 600, and the Transatlantic Race.The current monohull race record stands at 2 days, 7 hours, 16 minutes, and 26 seconds, set by Charlie Dalin’s IMOCA MACIF in the previous edition. The race presents the unique opportunity for a yacht to achieve the ‘triple’ — winning line honours, IRC overall, and setting a new race record. The last to achieve the ‘double’ (line and IRC honours) was Ludde Ingvall’s Nicorette in 1995.The race, which covers 695 miles to Cherbourg, will test the yachts’ capabilities in various conditions, with the potential for record-breaking performances.Credits: Royal Ocean Racing Club
June 25, 2025