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.
Sunseeker has revealed details of the 42 meter Ocean 460 at the Monaco Yacht Show. The Ocean 460 is a tri-deck yacht platform with a round-bilged semi-displacement hull. Her notable features include a two-level aft beach club area, extensive full-height glazing and a profile that enhances its sporty and futuristic look.Ocean 460 will be the first of the range to feature a vertical bow and with a beam of 31’ she has 25% more interior volume than her sister ship the 131 Yacht.The upper ‘sky lounge’ deck is vast open space and can enjoy multiple arrangements with options for wet bars, dining and social spaces with free-standing modular or bespoke furniture, depending on the owners’ requirements. A spacious lobby welcomes guests on board via double doors on the starboard side amidships, allowing access to the main saloon and dining areas aft, and master and guest cabins forward. The upper deck aft accommodation can be customized to offer either a large aft saloon area or a penthouse suite master cabin with a vast private veranda. The full-beam master stateroom is located forward and boasts a walk-in wardrobe, vanity desk, en suite with freestanding bath and dedicated office space. The four guest cabins are located on the lower deck. The interiors are a close collaboration between Design Unlimited and Sunseeker’s in-house interior design team. This lower level features a hydraulic side balcony that folds out at the water line. Curved seating and an integrated bar can be combined with slot-in bar stools, multiple sun loungers and free-standing furniture, with room for several groups of guests to socialize. There are also the options of a large spa. On the starboard side there is a side-opening tender garage which accommodates a Williams DieselJet 625, two jet skis and a plethora of toys. “I never cease to be amazed at the ingenuity, passion and talent of our in-house design and engineering teams that create the most achingly beautiful yachts, time after time. Although a superyacht, the lines of this new 42-meter model are truly perfect; beautiful, powerful and graceful, all in the same breath. Matched to an interior of sheer opulence, innovation and peerless quality, clients will be spell-bound at this new found direction,” says Andrea Frabetti, CEO at Sunseeker International.The Ocean 460 is available with MAN 12V engines providing a maximum speed of 21 knots and a range of 3,200 nautical miles at a cruising speed of circa 12 knots. Optional hybrid options will also be available.Since 1969 Sunseeker Yachts has built composite semi-custom yachts from 12m to 47m. The shipyard's main facility is located in Poole.Credits: Sunseeker Yachts
October 7, 2022
Camper & Nicholsons announced the sale of 54.65m Isa Yachts Forever One. The buyer was introduced by Edmiston. Custom-built in 2014 as a ‘home-away-from-home’ for experienced owners and designed by renowned naval architect Horacio Bozzo, she features a striking plumb bow which gives this 54.5m yacht the spaciousness of a 65m. The interior was designed by Alessandro Massari. Forever One, boasting an impressive 1,074 GT, offers almost twice the volume and has twice the amenities of similarly-sized vessels. Eight guests can be accommodated across four cabins with a crew of 13. She features the full-beam owner’s suite, which is complete with private office, his and hers bathrooms, twin walk-in closets and personal ocean terrace. Innovation is visible throughout, from the glass window and hatches that stream daylight into the beach club to the white teak caulking, which is mirror-matched for a perfect finish. Forever One has a steel hull and aluminum superstructure. Thanks to two Caterpillar engines she can reach a top speed of 16 knots and cruise comfortably at 14 knots. Her last known asking price was EUR34,950,000. For Camper & Nicholsons it’s the third sale since Monaco Yacht Show 2022. Credits: Camper & Nicholsons
October 7, 2022
Today is the start of the second edition of the Olympic Yacht Show. The boat show is to be held from October 7 to 10 at the renovated facilities of Olympic Marine in Lavrio. The show will spread both across the floating pontoons and on land, giving visitors the opportunity to admire the new yachts in their “habitat” and browse over the best that the actual Greek market has to offer.Organized by Ondeck Events, the show has already attracted attention of some of the largest yachting companies in Greece, while leading executives of international companies and shipyards have already confirmed their participation as guests, adding to the event’s “global allure”.The number of yachts participation is growing exponentially and at an impressive pace, at today over 100 between boats and yachts present, while important Greek premieres will take place. At this year's Olympic Yacht Show 2022, Greek shipyards including Olympic YachΙS, Skipper-BSK, Technohull, Rafnar Hellas, Rock Marine, Seafighter, Olympic Ribs and Onda Tenders. Credits: Olympic Yacht Show
October 7, 2022
Design studio Abbasli Design has shared the renders of its latest superyacht concept, the 45-meter Caspian Star. Caspian Star is a motor yacht with an expedition soul. The aft extension of the yacht creates together with side sliding platforms a spacious beach area with infinity pool and space to store water toys and a 7-meter tender. Thanks to hidden stairs in the port side of the main deck the quests have smooth transition from main saloon to the aft beach area. The extended wings in the upper deck creates another spacious social area at the bow with the hot tub with a panoramic view. The sundeck offers the shaded dining area and a forward bar with sunbeds.The interior might be customized according to the owner's wishes. Guests will have direct contact with the sea thanks to an extensive use of glass, minimal superstructure and ceiling-high sliding doors. Minimal and warm interiors with sand colored finishes, cream furnishings and big windows.Caspian Star has a 8.8-meter beam and shallow draft of only 2.25-meters, which allows her to cruise in the shallow waters.Abbasli Design studio was established by industrial designer and architect Ucal Abbaslı in 2020 and located in Baku, Azerbaijan. Sculpturing architecture on water: the Abbasli Design studio’s philosophy is all in this sentence. From the establishment of the studio, Ucal Abbasli has been designing more than 30 yachts and boats in a range of dimensions from 8 meters up to 80 meters for shipyards and private clients from all over the world.Credits: Abbasli Design
October 6, 2022
Evo Yachts has revealed the newest pictures of its new addition in the R line, Evo R4 XT. A sporty and gritty 13-meter, Evo R4 XT is highly customisable in both layout and décor.The model was designed by designer Valerio Rivellini and made to measure by Besenzoni. The beach area, the heart of outdoor life, where a fully customized multifunctional stern platform offers new scenarios and possibilities for exploiting the boat, to which it gives – when extended – an additional meter in length.This tender lift transformer was developed by Besenzoni and allows the platform to dip fully underwater, by about 80 centimeters, facilitating entry and ascent from the sea from any point on the stern. Right at the center of the beach area there is the large island sunbed, followed by a multifunctional 'sliding' dining table, which can change from a table into a bar counter. The beach area and cockpit can be easily transformed to meet the different needs of guests according to the time of day: from a wide sun lounge to a dining area.The bow area below the deck can be transformed from a large dinette to a cozy sleeping area, adding an additional double bed to the one in the separate cabin. The interiors can be customized in layout at the owner's request.Two Volvo Penta IPS 650 engines with 535 HP each push the vessel to a top speed of 34 knots and a range of aprox 300 nautical miles.The Evo Yachts shipyard is based near Naples. She was born in 2014 from a fortunate encounter between Blu Emme Yachts and the Neapolitan yacht designer Valerio Rivellini. The heart and entrepreneurship that kick-started EVO originated from Blu Emme Yachts, a luxury yachts refitting company. Blu Emme was created in 2013 by the Mercuri brothers, a family whose entrepreneurial experience spans different industries.Credits: Evo Yachts
October 6, 2022