The number of yachts over 80 meters has sharply increased over the past few decades and, with Lurssen launching 3 megayachts over 100 meters in under a week, it seems we have now entered into the golden age of megayachts.
Project Jupiter
In the past week, Germany-based Lurssen has launched the 123-meter Project Jupiter, the 111-meter Project TIS and an unknown 130m+ superyacht which does not seem to be matching any known project at the shipyard. The shipyard's phenomenal growth however does not stop with those 3 projects as the German builder has the 75-meter Thor, 85-meter Sasha, 112-meter Palo Alto and 139-meter Redwood under construction at the moment with the 106-meter Project Mistral having already undergone sea trials earlier this year.
This demand for megayachts is however not specific to only Lurssen. Dutch-based, Oceanco have recently launched a new 88.5-meter superyacht and have completed a 106-meter sailing yacht which are now moored together at their Alblasserdam facility. The shipyard is also working on the 110-meter Project Jubilee, which is scheduled to become the largest yacht built in the Netherlands upon its delivery, and is rumored to be a replacement for Ronald Perelman's C2.
Project Jubilee
Turquoise Yachts, the new brand of Proteksan Turquoise following its acquisition by Oceanco's billionaire owner, Al Barwani back in 2014, is also working on a megayacht of its own with a 77-meter as well as a 66-meter already in construction. Another player in the megayacht space in Turkey has emerged to be Bilgin. Indeed, the shipyard has just announced it had sold a second 80-meter superyacht to a repeat client, having had already sold their first 80-meter hull to a repeat client back in October 2015. Turkey-based, Dunya Yachts are also building 100m Project Blade for the owner of Axioma.
Project Blade
More established players in the yachting industry are also strengthening their position in the expanding market at the same time. LVMH-backed Feadship, has recently delivered Steve Wynn's 92-meter Aquarius, a year after delivering 101-meter Symphony to LVMH CEO, Bernard Arnault. Italy-based Benetti is also working on a new flagship with a 107-meter megayacht currently under construction and scheduled for delivery in 2019.
Understandably, this growing demand for megayachts has sparked interest amongst shipyards normally specializing in smaller ranges of the market. Heesen, who have just delivered their latest flagship, the 70-meter Galactica Super Nova, are now working on an 85-meter dry dock to be able to expand their flagship size. Amels, who are about to deliver their 83-meter flagship, Here Comes The Sun, have also announced their plans to compete in the 80-110m space through their Full Custom division.
Here Comes The Sun
All of this demand at existent shipyards is also complemented by commercial shipyards, venturing into superyacht construction. Norway-based, Kleven have for example recently delivered Ulysses to New Zealand's richest man, Graeme Hart and are working on a 116-meter yacht for the same owner.
The brokerage side of the megayacht market is also becoming more active with the recent listing for sale of M/Y A by Andrei Melnichenko, the 115-meter Ona (ex. Dilbar), by Alisher Usmanov and the recent reported sale of Pelorus to a Chinese billionaire. Our guess it's therefore just a matter of time before the 200-meter barrier is breached.
The new generation of 20-30-meter yachts is easier and cheaper to attract and attract a wide range of owners looking for one-day boats and short routes without the hassle of operating a superyacht.Another attraction of smaller yachts for this base was the ability to move faster from bay to bay with cruising speeds almost twice the speed of superyachts, and the ability to dock closer to shore. Sanlorenzo, the Italian shipyard, the most active in the range of up to 30 meters, was unveiled earlier this December with a market capitalization of 550 million euros and revenue of 355 million euros in 2018.The shipyard created such a series as Bluegame Sanlorenzo.Bluegame yachts are built in accordance with the latest and most advanced construction technologies from composite materials.The BGX project is the result of a prestigious collaboration between Luca Santella, the head of Design & Style and the head of product strategy at Bluegame, together with the design studio Zuccon International Project.These yachts focus almost entirely on outdoor and recreational spaces, minimizing the importance of dining rooms and large cabins.Another common feature of yachts in this new assortment is oversized tender and water facilities for the size of ships, which emphasizes the interests of the new generation of owners. After this trend, its key players saw that their ratings rose sharply compared to those stuck in the middle.
February 19, 2020
Designed by Tim Heywood as part of the Amels limited-edition line, the 62.5-meter superyacht is dressed in a light gray hull and a crisp white superstructure.Interior design is the result of a collaboration between Laura Sessa and the Amels interior design team. In the master suite, the owner can enjoy branded round windows and are accompanied by up to 11 additional guests.Other on-board features include two VIP suites on the bridge deck, a large sun terrace with a jacuzzi and teppanyaki grill, and a garage for two eight-meter tenders on the lower deck.Yacht Limited Editions will be one of six new assemblies for owners before the summer season.
February 19, 2020
The FB273 superyacht features a steel hull and an aluminum superstructure designed by Benetti.On board can accommodate up to 12 guests in six cabins. All are located on the lower deck and are decorated in a style designed by interior designer Laura Pomponi. Occupying six decks, on board you can select a geometric pool with a special function of changing the depth, a helicopter landing area, a large solarium and a rooftop jacuzzi.Owner's suite with a central staircase with an area of more than 120 square meters. M. With a panoramic view. The upper deck is occupied by a private living room, bathroom, sauna, open living room, home theater, gym and massage room. The owner’s office has a glass wall overlooking the interiors and is connected to the living room and balcony.The FB273 is powered by two 2400hp Caterpillar engines that develop the yacht to a maximum speed of 17 knots and provide a range of 5,000 nautical miles at a cruising speed of 12 knots.
February 19, 2020
Turkish studio Red Yacht Design presented a project - a 64.2-meter superyacht Ice Kite and a 28-meter Shadow Vessel ICE Ghost.Developed in conjunction with Dykstra Naval Architects, ICE Kite will be the longest yacht with a total length of up to 500 GT at the time of construction.A pair of 735 kW main engines provides Ice Kite with a maximum speed of 17.4 knots.On board Ice Kite can accommodate up to 10 guests in four comfortable cabins. Features of this superyacht include a beach club area with a swimming pool, an outdoor dining area for 12 people and a helipad on the bow.Downstairs is the Kite Lounge, which also functions as a dining room. There is glass from which a 180-degree view opens. Other interior features include an elegant spiral staircase and a special spa area.Ice Kite will be built with the project, Ice Ghost. The 26-meter yacht will serve as a specialized support vessel for Ice Kite.Ice Ghost can carry the Icon A5, the U Boatworx Superyacht Sub 3, a 12-meter specially designed RIB with a maximum speed of 60 knots, also developed by Red Yacht Design, and a couple of Seadoo jet skis on it. main deck. There is another garage for storing snorkeling equipment, SeaBobs and a maintenance area.The main deck of the Ice Ghost can also be used as a party venue, and two double cabins below the deck can accommodate guests or staff. Ice Ghost with a steel casing and carbon fiber exterior has a maximum speed of 16 knots.
February 19, 2020
Italian shipyard Sanlorenzo launches new 52 Steel yacht last month.Key features of the 52-meter motor yacht include a 94-square-meter beach club and a glass bottom pool. The beach club sits below the glass-bottomed pool and opens on three sides.The interior is designed in classic style.Lady Lena also has a 31-square-meter gym with direct access to the saloon of the main deck, a garage for unloading at the tender of 7.5 meters and a separate garage for lifeboats and toys.The 52 Steel model has a beam of 9.35 meters and is equipped with a pair of CAT 3512 C engines with a maximum speed of 16.5 knots. Accommodation for up to 12 guests and a crew of nine.
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February 18, 2020