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Sunk superyacht likely to cost insurers at least $150 million, experts say

Friday, 30 Aug 2024

FILE PHOTO: Bayesian, a 56-meter-long sailboat, which later sank off the Sicilian capital Palermo, is seen in Santa Flavia, Italy August 18, 2024 in this picture obtained from social media. Baia Santa Nicolicchia/Fabio La Bianca/via REUTERS/File Photo

LONDON (Reuters) - Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first estimates by industry experts.

The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million, capsized and went down on Aug. 19 within minutes of being hit by a pre-dawn storm while anchored off northern Sicily.

The superyacht's hull was insured against physical damage by yacht insurance provider OMAC and a consortium of insurers including Travelers Companies Inc, Navium Marine and Convex, Reuters reported last week.

Its protection and indemnity (P&I) insurance, which typically covers third-party liability claims including for environmental damage, injury and death, was provided by British Marine.

The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said.

"Our understanding is that the cost of the boat was between $40 and $50 million, so the limit of the hull & machinery policy was probably around those values," said Marcos Alvarez, managing director, global financial institution ratings at Morningstar DBRS.

The P&I policy would likely be "several multiples" of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover liability payments even if the captain or crew are found to be negligent.

Prosecutors in the town of Termini Imerese, near Palermo, are investigating the captain and two other crew members. An investigation does not imply guilt or mean formal charges will follow. Prosecutors have said the probe would take time and require salvaging the wreck.

Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.

P&I insurance would also cover recovery of the Bayesian, said Francesco Dubbioso, country manager for Italy for insurer Alta Signa Europe, who estimated the superyacht's value at $30 million to $40 million.

Reuters is the first to report the potential insurance costs. OMAC, Travelers and Navium Marine did not immediately respond to Reuters' for comment. Convex declined to comment.

The Bayesian disaster, which has puzzled experts who said the boat would have been built to withstand a severe storm, adds to recent woes for yacht insurers, who have faced a raft of hurricane losses in the past few years.

Premium rates have risen by four to five times in the past couple of years in parts of the U.S. and the Caribbean, and yacht insurers have cut the amount of cover they provide because of the risks, Seikaly said.

As a result, insurers have increased rates and re-evaluated their guidelines and risk appetite, according to industry experts.

As well as hurricanes, insured losses have mostly stemmed from severe storms, floods, and other weather events in North America, the Caribbean, and Europe, according to a report by broker Marsh.

Seikaly said four clients had last week been ready to buy boats but changed their minds because of the high cost of insurance.

Climate change was also likely to add to yacht insurers' worries, Seikaly added, as it throws up more unexpected events.

"Whoever thought a storm in the Mediterranean in the month of August is going to sink a ship?"

(Additional reporting by Sinead Cruise; editing by Michelle Price and Sandra Maler)

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Who was on superyacht that sank off Sicily?

Twenty-two people were on board the Bayesian superyacht including British technology tycoon Mike Lynch, his wife and 18-year-old daughter, and Morgan Stanley International boss Jonathan Bloomer.

Friday 23 August 2024 12:34, UK

Pics: Reuters/Hiscox/ Linkedin /Getty

Details have emerged of the 22 people who were on board the superyacht that sank off the coast of Sicily.

The British-flagged vessel named Bayesian was carrying 12 passengers and 10 members of crew when it got into difficulty in the early hours of Monday.

Seven bodies have now been recovered. The other 15 people on board were rescued.

Here's what we know about those who were on the yacht.

Follow latest updates on the superyacht sinking

superyacht around the world

British technology tycoon Mike Lynch was among the original six people missing. On Thursday, divers confirmed his body had been recovered.

Raised in Ilford, east London by Irish parents, the 59-year-old made millions with the software company Autonomy he set up in 1996.

He had an estimated net worth of £852m, according to the 2023 Sunday Times Rich List, and is believed to have owned the yacht.

Off the back of Automomy's global success, Mr Lynch was given the roles of science adviser to former prime minister David Cameron and non-executive director of the BBC.

The Cambridge maths and sciences graduate sold the firm for £8.64bn to US giant Hewlett Packard (HP) in 2011.

Dubbed the "British Bill Gates", Mr Lynch has been in the headlines in recent months over a high-profile fraud case related to the sale of Autonomy to HP in 2011.

HP accused him of deliberately overstating the value of the company before it was acquired by the American technology firm. Mr Lynch denied any wrongdoing.

In June, a US jury cleared him of all charges .

Read more: Lynch's co-defendant dies days before yacht disaster

Hannah Lynch

superyacht around the world

Mr Lynch's 18-year-old daughter Hannah Lynch was also on board. A body believed to be that of the teenager was recovered on Friday from the yacht wreckage.

She had been on holiday with her parents, having secured a place to study English at the University of Oxford, according to reports.

Her former school, Latymer Upper School in Hammersmith, west London, said they were "incredibly shocked by the news that Hannah and her father are among those missing in this tragic accident" when the yacht first sank.

Angela Bacares

Mr Lynch's wife Angela Bacares was on board the yacht and was rescued.

The 57-year-old said she and Mr Lynch were awoken by the boat "tilting" at 4am - half an hour before it sank.

Jonathan Bloomer

Jonathan Bloomer is the chairman of Morgan Stanley Pic: Hiscox/ Linkedin

Jonathan Bloomer, the chairman of investment bank Morgan Stanley International, was confirmed dead on Thursday.

According to the Financial Times, Mr Bloomer appeared as a defence witness for Mr Lynch during his US criminal trial and the pair were good friends. He also chaired Autonomy's audit committee.

The 70-year-old was the chief executive of UK-Hong Kong insurer Prudential until he was ousted by the board in 2005.

He was also chairman of the insurance provider Hiscox.

Judy Bloomer

Mr Bloomer's wife Judy was on the yacht trip with her husband. Divers confirmed they found her body on Thursday.

Mrs Bloomer was a former board member at The Eve Appeal charity, which focuses on gynaecological cancers.

The charity described her as a "brilliant champion for women's health and medical research... an incredible supporter, committee member, and trustee of our charity for over 20 years".

Read more: 'Alarming' potential cause of superyacht disaster What we know about superyacht that sank

Recaldo Thomas

superyacht around the world

The yacht's on-board chef Recaldo Thomas died in the sinking.

He was Canadian-Antiguan and part of the crew of the Bayesian.

His body was the first to be recovered from the wreckage.

Chris Morvillo

Christopher Morvillo Pic: Clifford Chance handout

US lawyer Chris Morvillo was among those divers found dead on Thursday.

The father-of-two worked on Mr Lynch's US fraud trial and was a partner of law firm Clifford Chance's US branch.

Mr Morvillo was assistant attorney for the Southern District of New York between 1995 and 2005 and worked on the terrorist investigation into the 9/11 attacks.

In a recent LinkedIn post, he thanked the legal team that helped win Mr Lynch's trial.

Signing off the post, he said: "And, finally, a huge thank you to my patient and incredible wife, Neda Morvillo, and my two strong, brilliant, and beautiful daughters, Sabrina Morvillo and Sophia Morvillo.

"None of this would have been possible without your love and support. I am so glad to be home. And they all lived happily ever after…."

Neda Morvillo

superyacht around the world

Mr Morvillo's wife Neda died in the disaster alongside her husband.

The 57-year-old had a luxury jewellery brand, which she ran under her maiden name Neda Nassiri.

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Ayla Ronald

Ayla Ronald. Pic: Clifford Chance

Ayla Ronald, a senior associate at Clifford Chance, survived the yacht disaster, the law firm confirmed.

The 36-year-old worked alongside Chris Morvillo in helping defend Mike Lynch in court.

Clifford Chance said in a statement: "Our utmost priority is providing support to the family as well as our colleague Ayla Ronald, who together with her partner, thankfully survived the incident."

She is originally from Christchurch, New Zealand, but lives in London, her father told local media there.

He said she was left "very shaken" but "she and her partner are alive".

Charlotte Golunski

Charlotte Golunski

Charlotte Golunski was on board the yacht and was rescued along with her one-year-old daughter, Sofia.

She spoke to Italian newspaper La Repubblica, confirming she survived the yacht sinking and told how she kept her daughter alive after she was rescued.

"I held her afloat with all my strength, my arms stretched upwards to keep her from drowning," she said.

"It was all dark. In the water I couldn't keep my eyes open. I screamed for help but all I could hear around me was the screams of others."

The 35-year-old is a partner at one of Mr Lynch's firms - Invoke Capital - and has worked there since 2012, according to her LinkedIn profile.

She also worked at Hewlett Packard, which acquired Autonomy in 2011, for 11 months.

Before that, she studied history at the University of Oxford.

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superyacht around the world

James Emsley

Ms Golunski's partner James Emsley was also rescued from the yacht, according to Sicily's civil protection agency.

The 36-year-old is the father of her one-year-old daughter.

James Cutfield

The 51-year-old captain of the yacht spoke to Italian newspaper La Repubblica after he was rescued.

Mr Cutfield, from New Zealand, was taken for treatment at the Termini Imerese emergency unit, where he told the newspaper: "We didn't see it coming."

Leah Randall

Leah Randall after she was brought ashore in Porticello on Monday. Pic: Reuters

Leah Randall was part of the Bayesian crew and survived the sinking.

She was pictured going ashore in Porticello on Monday morning and is from South Africa.

Her mother Heidi told Sky News said she was "beyond relieved that my daughter's life was spared by the grace of God".

"It doesn't make it any easier living with the heartache of those who have lost their lives [or are] missing. My very deepest condolences to the chef's family as they formed a great friendship," she said.

Katja Chicken

Stewardess Katja Chicken coming ashore in Porticello on Monday. Pic: Reuters

Katja Chicken was another South African member of crew on board the Bayesian and was pictured being brought to safety in Porticello on Monday.

Leo Eppel. Pic: Reuters

The Italian coastguard confirmed on Tuesday evening that Leo Eppel, a crew member, also survived the yacht sinking.

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Superyacht tragedy: Insurance costs projected to reach $150 million

The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million, capsized and went down on Aug. 19 within minutes of being hit by a pre-dawn storm while anchored off northern Sicily. read more

Superyacht tragedy: Insurance costs projected to reach $150 million

Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first estimates by industry experts.

The superyacht’s hull was insured against physical damage by yacht insurance provider OMAC and a consortium of insurers including Travelers Companies Inc, Navium Marine and Convex, Reuters reported last week.

Its protection and indemnity (P&I) insurance, which typically covers third-party liability claims including for environmental damage, injury and death, was provided by British Marine.

The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said.

”Our understanding is that the cost of the boat was between $40 and $50 million, so the limit of the hull & machinery policy was probably around those values,” said Marcos Alvarez, managing director, global financial institution ratings at Morningstar DBRS.

The P&I policy would likely be ”several multiples” of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover liability payments even if the captain or crew are found to be negligent.

Prosecutors in the town of Termini Imerese, near Palermo, are investigating the captain and two other crew members. An investigation does not imply guilt or mean formal charges will follow. Prosecutors have said the probe would take time and require salvaging the wreck.

Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.

P&I insurance would also cover recovery of the Bayesian, said Francesco Dubbioso, country manager for Italy for insurer Alta Signa Europe, who estimated the superyacht’s value at $30 million to $40 million.

Reuters is the first to report the potential insurance costs. OMAC, Travelers and Navium Marine did not immediately respond to Reuters’ for comment. Convex declined to comment.

The Bayesian disaster, which has puzzled experts who said the boat would have been built to withstand a severe storm, adds to recent woes for yacht insurers, who have faced a raft of hurricane losses in the past few years.

Premium rates have risen by four to five times in the past couple of years in parts of the U.S. and the Caribbean, and yacht insurers have cut the amount of cover they provide because of the risks, Seikaly said.

As a result, insurers have increased rates and re-evaluated their guidelines and risk appetite, according to industry experts.

As well as hurricanes, insured losses have mostly stemmed from severe storms, floods, and other weather events in North America, the Caribbean, and Europe, according to a report by broker Marsh.

Seikaly said four clients had last week been ready to buy boats but changed their minds because of the high cost of insurance.

Climate change was also likely to add to yacht insurers’ worries, Seikaly added, as it throws up more unexpected events.

”Whoever thought a storm in the Mediterranean in the month of August is going to sink a ship?”

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This superyacht hot spot for the uber-wealthy is heating up — and becoming more dangerous

The storm that sank the “Bayesian,” a luxury yacht anchored off the Sicily coast, was sudden, violent and deadly — and scientists say it may be a warning of what’s to come as global warming fuels more extreme weather in the Mediterranean.

The superyacht, which was carrying 22 people, sank in the early hours of Monday morning, near the port of Porticello, claiming at least five lives . Rescue operations are still ongoing, hampered by the difficulties of reaching the vessel, which is resting on the sea floor approximately 165 feet deep.

The incident has shocked many. The Mediterranean, prized for its crystal clear, tranquil waters, is a prime summer destination for the very wealthy and their superyachts.

But these waters can still be dangerous — one of the reasons thousands of people die every year trying to migrate across it — and experts say it’s only becoming more so as human-caused climate change warms the sea, whipping up stronger and more intense storms.

The reasons for the sinking of the Bayesian are still being investigated. “It was dark and no images are available,” said Luca Mercalli, president of the Italian Meteorological Society.

But many believe the yacht was struck by a waterspout — one of several types of tornadoes. The coast guard reported the yacht was struck by a tornado, and a waterspout was reported to the European Severe Weather Database around the same time. Storms that day resulted in at least two dozen waterspout reports across Italy.

Waterspouts are narrow spinning columns of air below a thunderstorm which happen over water, and thrive on heat and humidity.

Most waterspouts are fairly weak “with a few seconds of strong, gusty winds before they move on or dissipate,” said Peter Inness, a meteorologist at the University of Reading. “But some can be much stronger.”

There aren’t huge amounts of data about waterspouts as they often happen unobserved out at sea, but there is evidence ocean temperatures can affect them. A study by University of Barcelona scientists, which was focused on Spain’s Balearic Islands, found waterspouts are more likely when the ocean is very warm.

However, drawing a link between climate change and more frequent or more intense waterspouts “is a step too far at the moment,” Inness said. They require several different conditions to form in addition to heat, including winds and temperature differences between the air and sea.

What is clear however, is that climate change is leading to more intense storms, some of which are fueled by warm ocean water.

And the Mediterranean is currently very, very hot.

Water temperatures around Sicily are approximately 30 degrees, Mercalli said. That’s 3 degrees Celsius (5.4 Fahrenheit) warmer than average for this time of year — an “extreme” anomaly, he told CNN.

While ocean heat is affected by natural climate fluctuations, such as El Niño, scientists are clear that it is being supercharged by human-caused global warming driven by burning fossil fuels.

When oceans are hot, they are able to inject more energy into the atmosphere. This can be converted into strong winds or rapid updrafts of air in thunderstorms, Inness said. Warm air is also able to hold more moisture, so when storms produce rain, it can be heavier and more intense.

There has been an increase in heavy thunderstorms dumping large amounts of rain, as well as downbursts — strong winds that descend from thunderstorms — in Italy and worldwide over the past few decades, Mercalli said.

The storm that hit Sicily reached the Mediterranean from the west, where it gained energy from high ocean temperatures, said Justino Martínez, a researcher at the Institute of Marine Scientists in Spain.

Spain’s Balearic Islands were particularly affected. Torrential rain last week flooded roads, forced evacuations and flight cancellations and overturned yachts moored on the popular island of Formentera.

The storm then gained more energy before reaching Italy, Martínez told CNN. In addition to the waterspout, other strong storms across Sicily brought torrential rainfall late Sunday, dumping more than 100 mm of rainfall, or 4 inches, in Brolo in less than four hours.

The Mediterranean region is on the frontlines of the climate crisis. Dubbed a climate change hot spot , it’s warming around 20% faster than the global average. And the toll is clear in the extreme weather the region is experiencing, from brutal rolling heat waves to ferocious storms bringing catastrophic flooding .

“Global warming — and specifically warming of the Mediterranean Sea — is quite likely to lead to an intensification of a number of potentially dangerous weather systems in that region,” Inness said.

Italy, surrounded by the fast-warming waters of the Mediterranean, is particularly affected. Last year, a downburst hit a ship on Lake Maggiore in northern Italy, killing four people.

The country also grappled with “ once in a century” deadly floods that killed at least 14 people in May last year, while Sicily hit 48.8 degrees Celsius (119.8 Fahrenheit) last August, breaking Europe’s temperature record.

Outside Italy, last year’s Storm Daniel, fueled by unusually warm ocean waters , claimed lives in Greece, Turkey and Bulgaria. But by far the most devastation from the storm happened in Libya.

Flash flooding killed thousands of people following a so-called medicane — a rare, hurricane-like cyclone in the Mediterranean that gains energy from warm water.

“Global warming is intensifying all extreme weather events,” Mercalli said, “with huge costs for people and society.”

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The Best Yacht Charters You Can Book Around the World

Whether you’re looking for seven decks of entertainment, a family-friendly trip, or a diving-focused Caribbean voyage, you’ll find it here.

superyacht around the world

There are few experiences as luxurious and awe-inspiring as a yacht charter . You can explore the world at your leisure, spend quality time with friends and family in an intimate setting, and the service is second to none. We've rounded up the most exceptional new yacht charters to book around the world. They're sure to inspire your next voyage, whether you want to relax along the Amalfi Coast or explore remote corners of the globe.

In the yachting world, Loon is known for an exceptional array of water toys — perhaps the best in her class. There's a FunAir inflatable slide that goes from the third deck straight into the ocean, an in-water pool, and a luxurious 43-foot Everglades tender. You can hop on paddleboards, sea kayaks, Waverunners, or a Seabob to explore nearby islands and coves.

The adventurous can try kite surfing or Lift e-Foil surfboards, which seems effortless when you watch the crew fly past, but is actually quite challenging. Loon is also a scuba diver's dream. The crew has several master divers and dive instructors who can take you out each morning, and they have all of the equipment you need onboard. They can also certify new divers during the trip.

The 180-foot yacht has a staggering 1,100 gross tons of living space, elegant design, and an amiable and attentive crew. Loon has two master staterooms, including a unique one on the upper deck. It has wraparound windows that offer unparalleled views of the surroundings. There are two salons, including one with recliners and a projector for movie night, plenty of spaces for dining alfresco, and an oversized infinity-edge Jacuzzi with a wet bar nearby. Fancy a workout? Loon has a treadmill, exercise bike, rowing machine, and free weights in the beach club. You'll be hard-pressed to find better workout views than this.

The crew is absolutely lovely and specializes in setting up unique experiences. You might have a pizza night on board, a barbecue on a private beach, or sundowners at the Instagram-famous Loon Bar. The crew will even take you to a picture-perfect sandbar and serve you drinks as you loll in the warm water.

Loon is available for charter from IYC in the Bahamas, Caribbean, and Bermuda during the winter months and in the Mediterranean in the summer months. Rates begin at $325,000 a week plus expenses.

Nansen Explorer

For the ultimate Antarctica adventure, you can't beat a voyage aboard Nansen Explorer . This former research vessel has all of the technical features needed to safely explore one of the world's most remote and dramatic landscapes and, thanks to a retrofit in 2021, an ultra-luxe interior design that wouldn't look out of place in St. Tropez. For exploration, Nansen Explorer has an Ice-1A classed 236-foot hull and an ice-experienced captain and bridge team, which means she can go deeper into the ice than other polar-classed superyachts. There's a heli-deck with onboard fueling capabilities, so you can see the vast landscape from the sky, or even go heli-skiing. There are plenty of toys that allow you to get up close and personal with wildlife and nature, including kayaks, stand-up paddleboards, dive equipment, and Zodiacs.

The interiors are so stylish, modern, and well-appointed that you'll forget you're in the middle of Antarctica rather than at a swanky hotel. The ship originally accommodated 60 passengers, but now it holds just 12 guests in seven cabins, including an owner's suite and a VIP suite. Each cabin has large windows that showcase the stunning vistas outside the ship. The sumptuous Scandanavian-inspired decor features shades of grey and white, which reflect the surrounding environment. There's a cozy lounge with a bar and a fireplace, perfect for warming up after an excursion to see penguins or whales.

Nansen Explorer is available for charter from Plan South America in Antarctica. Rates begin at $340,000 a week and are all-inclusive.

Yachting in French Polynesia is always a blissful experience, but Dardanella takes relaxation to the next level with bespoke, wellness-focused charters planned by onboard wellbeing facilitator Ayumi Gallagher. The wellness experience is all-encompassing, including fresh, detoxifying food, mindfulness workshops, yoga sessions, Pilates, meditation, and massages alongside traditional yacht activities, like diving, surfing, and tender safaris exploring the pristine waters and nature of French Polynesia. The captain is also a qualified marine biologist and ecologist, so he's the perfect person to show you this unique environment. There are two dive instructors, 12 sets of dive gear, a Nitrox dive compressor, and underwater photography equipment, so you can capture the beauty underwater, too. As an expedition yacht, Dardanella is well-suited for exploring remote destinations. The 121-foot yacht was refit in 2018 and has five luxurious cabins.

Dardanella is available for charter from 37south in French Polynesia. Rates begin at $100,000 a week plus expenses.

With seven decks, there's something for everyone aboard Wheels . This massive yet elegant yacht measures 249 feet, weighs almost 2,000 gross tons, and has lots of standout amenities including a spacious cinema for eight guests, a huge aquarium, massage room with a dedicated onboard masseuse, air-conditioned gym, and the main salon converts to a disco complete with lights and a smoke machine for those late-night dance parties. The split-level master suite has panoramic views, a study, and plenty of space, and there are four spacious guest suites on the main deck. Outside, there are plenty of relaxation areas, including sunpads, a hot tub, several dining areas and bars, and an enviable water sports area with two Jet Skis, four wave runners, three seabobs, a luxurious tender, and plenty more toys. The crew is very active and can teach you to wakeboard, kitesurf, sail the new Hobie cat catamaran, or scuba dive. They can also lead yoga and fitness classes.

Wheels is available for charter from Fraser Yachts in the Caribbean. Rates begin at $680,000 a week plus expenses.

Inside the €775,000-a-Week Superyacht That Was the Talk of Monaco Yacht Show

It's not uncommon for yacht charterers to "upgrade" their yachts year after year, chasing newer and bigger boats, which is makes Big Sky 's number of repeat bookings even more impressive. The 157-foot yacht has been a charter favorite since 2010, and she recently underwent a refit leaving her in immaculate condition. Big Sky can accommodate 10 guests in five staterooms, including a full-beam master that spans the width of the yacht, and there's plenty of room onboard to relax, including the main salon with large windows and a state-of-the-art TV system. The sky lounge is perfect for entertaining — it has an onyx bar and sliding windows that make you feel as if you are outside. Of course, if you do want to relax outdoors, there are three teak decks with space for dining and a large sundeck with a Jacuzzi, sun pads, couches, and a bar.

Big Sky is available for charter from Northrop & Johnson in the Bahamas. Rates begin at $180,000 a week plus expenses.

This glamorous new superyacht caused quite a stir when she debuted at the Monaco Yacht Show in September 2021. It's rare for a brand-new superyacht of this size to be available immediately for charter, so book your trip on Tatiana early. This 263-foot yacht can accommodate up to 12 guests, who are guaranteed impeccable service from the 20 crew members. She has a great selection of water accoutrements and a stunning design with a large amount of interior space, including a deck dedicated to the owner's suite. There are also two VIP staterooms, four double cabins, and a twin cabin. While away any rainy days in the movie room or shooting some pool. Tatiana also has a fabulous beach club with a large bathing platform, bar, and outdoor lounge.

Tatiana is available for charter from IYC in the Bahamas, Caribbean, and Bermuda during the winter months and in the Mediterranean in the summer months. Rates begin at €775,000 a week plus expenses.

Nour El Nil Meroe

Step back in time aboard Nour El Nil Meroe , a traditionally inspired Egyptian yacht full of modern amenities and luxurious design. Meroe is available for charter through Black Tomato, a top luxury travel company known for its expertly curated trips with exclusive experiences and a focus on local culture. Meroe is styled like a classic dahabiya boat, with authentic decor featuring whitewashed walls and linens alongside Parisian decor details. The VIP cabins have floor-to-ceiling windows that overlook the Nile — we can't think of a more fabulous way to have breakfast in bed — while the other cabins have large windows. The shaded roof terrace has plenty of spots for lounging and dining alfresco, and there's a cheery indoor salon with red-and-white striped decor and cozy couches. On your charter, you'll slowly sail down the Nile River from Luxor to Aswan. You can charter just the yacht voyage or book the Ultimate Egypt trip , which includes adventures on land as well as the yacht charter (think: private tours of the pyramids, exploring temples, or taking a jeep safari around Siwa).

El Nil and the Ultimate Egypt trip can be booked through Black Tomato . Rates begin at $5,800 a person.

The Ritz-Carlton Yacht Collection

One of 2022's most anticipated travel launches is the new The Ritz-Carlton Yacht Collection . While this is technically a small-ship cruise, every element has been designed to make you feel as if you are aboard a superyacht. The fleet will ultimately have three custom-built yachts, each with 149 suites. However, in 2022, the collection will launch with their first luxury vessel: Evrima . The suites all have private terraces, which isn't something you can expect aboard even the largest superyacht. And of course, the amenities are incredible. It has a beautiful spa, stunning marina terrace (set up like a yacht beach club), an infinity-edge pool, a large gym, and plenty of entertainment. The dining options are seemingly endless, including the main restaurant, the Evrima Room, S.E.A., which features a menu by acclaimed chef Sven Elverfeld of Aqua, Talaat Nam, a Southeast Asian spot, and several casual options.

The Ritz-Carlton Yacht Collection's inaugural voyage is set for May 2022 and pricing is dependent on the itinerary. Learn more about the trips here .

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The Billionaire’s Playground: Where to Spot Superyachts Around the World

superyacht around the world

A superyacht! What in the world is it?

Billionaires all over the world like to showcase some of the most expensive and largest boats in the world. These boats are custom built and outfitted with luxury around every corner. If you have never heard the term superyacht, you are not alone. In fact, most people do not even know that there are different levels of yachts.

So, what the heck is a superyacht? 

There is no steadfast rule that makes a superyacht a superyacht based on price, length, or equipment installed, but there is one thing that is certain – the world’s most expensive and largest yachts are superyachts.

While there is no specific size distinction when it comes to what a superyacht is, in general, it refers to yachts that are more than 80 feet in length. Superyachts can accommodate multiple people and they often have a crew on board.

What everyone can agree on is that a superyacht is a billionaire’s dream brought to life. Superyachts are opulent, exquisite, and nothing short of seriously luxurious.

Superyachts to Spot Around the World

Check out these superyachts that can be spotted all around the world!

Dr. No is a very large superyacht that is about 120 feet in length. It is capable of carrying a 22-foot submarine on board. This yacht was built in Japan and has been spotted most recently in Denmark. The vessel can sleep up to 8 guests throughout the four different staterooms.

Narasaki Zosen K.K. is the architect responsible for this superyacht. It is constructed with aluminum and a steel hull making it solid.

This superyacht is active and sails around frequently.

The Artefact won the World Superyacht Award and also ranked number one in 2021 for Motor Yacht of the Year. This vessel was delivered in 2020 and was built by Nobiskrug in Germany. This ship can accommodate up to 14 guests throughout the 7 staterooms located on board.

This boat comes in with a length of around 262 feet and ranks within the top five percent of boats in the world for length.

The Artefact has been spotted near Alaska and also the French Polynesia recently.

Enterprise 

The Enterprise is a bit smaller than some of the other superyachts on here coming in at 124 feet. This boat was recently spotted in the North Cove Yacht Harbor in New York. This yacht was built in less than three years and showcases a stunning and large sundeck. On board is a glass-sided pool and spa, which is luxury right there.

Enterprise was built by Baglietto in 2022 and can accommodate up to 10 guests throughout the 5 staterooms located on board.

In 2019, Bold left the shipyard and has been a hit ever since. People love laying eyes on this superyacht and for good reason too. This vessel has been around the globe and has been spotted in all different waters. She has a total of more than 90,000 nautical miles, which is impressive.

The boat itself is 279 feet in length and was built in Australia. This vessel can accommodate up to 16 guests throughout the 8 staterooms on board. Bold does rank in the top five percent of boats in the world for length.

Bold is an active superyacht and has most recently been spotted on the move in France.

The Dragonfly is a superyacht that measures around 240 feet. This vessel recently underwent a refit and has been active since. Created by Silver Yachts in Australia in 2009, this ship is a sight to behold.

Dragonfly can accommodate up to 18 guests in a total of 11 staterooms. This vessel is built with an aluminum superstructure, aluminum and teak deck, and an aluminum hull for extreme durability and safety.

The Dragonfly ranks in the top five percent of boats in the world for length. It is an active boat and has recently been spotted in Australia at the Southport Yacht Club Marina for about a week.

Blue Jeans 

Blue Jeans made her maiden voyage from the Dutch shipyard in Van der Valk to London. This vessel stands out with her hull a beautiful custom lapis color. The ship is 108 feet in length and comes with a stunning sundeck that has a built-in firepit. Some other stand-out features include a chillout lounge at the foredeck and a folding bulwark that also doubles as a diving platform.

Multiverse 

To say the Multiverse is a superyacht is an understatement. This vessel comes in at approximately 382 feet in length – that is huge! The vessel was recently spotted in the Tampa, Florida area. Prior to being renamed Multiverse, this ship was named Ulysses.

Graeme Hart commissioned to have this superyacht built and he is the richest man in New Zealand. This yacht can accommodate up to 66 guests in total. The Multiverse is within the top five percent of boats with the longest length in the world.

Spot a Superyacht Around the World Today

There are many superyachts located throughout the world and many of them are active. Superyachts are beautiful and luxurious dreams are made of. Many of the billionaires who own the superyachts use them for personal use and also rent them out for others to enjoy the beauty and luxury on the sea.

Have you seen a superyacht around the world? If so, which one?

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10 of the World’s Top Superyacht Marinas

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10 of the World’s Top Superyacht Marinas

From iconic ports along the french riviera to newly built facilities in the latest yachting hotspots, there are a multitude of marinas across the globe offering state-of-the-art superyacht facilities, exclusive entertainment options and access to some of the finest cruising grounds..

Superyacht marinas are more welcoming and better equipped than ever before and, whether looking for a bustling urban stop-off or a more exclusive island retreat, this top 10 article will inspire you to seek out some of the best ports and harbours on your next private yacht charter .

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Where To Spot The Largest Top 100 Superyachts in the World

By Frances Flannagan

Ranging between 90 and 180.6 metres, the world’s Top 100 superyachts undoubtedly require the largest and most premium marinas to anchor, as well as those on board desiring the most luxurious destinations. We take a look at three of the prime locations to spot the world’s largest and most breathtaking vessels, each featuring a state-of-the-art marina to accompany the world-class destination.

Barcelona 

Marina Port Vell is one of the Mediterranean's most premium marinas, located in the heat of the thriving city of Barcelona. This marina has 60 berths that can accommodate superyachts up to 190m in length, making it the prime destination for attracting the largest superyachts in the world. Impressively, Marina Port Vell can even accommodate 180.6m AZZAM, the largest superyacht in the world. 

Alongside staggering berths, the marina offers world-class facilities, a variety of activities and bespoke services 24 hours a day within the unique location of the European city. This means that superyacht owners can not only enjoy the impeccable maritime services offered at the marina, but can also explore the city’s breathtaking landscapes, vibrant culture and world-renowned dining scene. 

Marina Port Vell offers a plethora of unparalleled opportunities for superyacht owners, guests, captains and crew. Not only located in the spectacular city of Barcelona, the marina is also a celebrated location in itself: it has previously hosted the MYBA Charter Show and is set to be the preferred marina for the 37th Americas Cup, as well as being the premium venue of choice for many quality brands, including Maserati, Aston Martin and Montblanc.  

The home of unprecedented glamour and luxury, it is only fitting that some of the world’s biggest and best superyachts can often be spotted in the exquisite location of Dubai. Dubai Harbour Marina is the country’s newest and most impressive marina, able to accommodate yachts up to a staggering 160m and therefore the perfect location for Top 100 superyachts.

Dubai features a range of activities for superyacht travellers, including everything from luxury shopping opportunities, premium hospitality, the cultural allure of the historical quarter as well as the pristine white sand beaches and emerald waters. This makes it a world-class destination for superyachts beyond marina facilities, and therefore a popular choice for the world's largest vessels as those on board can soak up the variety of exciting offerings.

Dubai Harbour also enables direct access into the open waters of the Arabian Gulf with no air draft limits, perfect for Top 100 superyachts. Dubai is also home to the most advanced cruise terminal and the largest marina in the region. 

Cairns, Australia

Considered the gateway to the Great Barrier Reef, Cairns is a stunning superyacht destination that combines the world’s most exquisite natural beauty with unmatched luxury. Cairns Marlin Marina makes it an even more popular location for Top 100 superyachts, not only because of its location, but due to its ability to berth vessels up to 140m in length. 

The marina is located just a short walk away from the tropical swimming lagoon, a series of five-star hotels, and exceptional shopping and dining prospects; showcasing Cairns to be a hot spot for luxury travel. Furthermore, alongside being positioned in a tranquil oasis, it is also in close proximity to the city’s vibrant nightlife scene, meaning that superyacht owners can make the most of blissful travel as well as bustling city life. 

With 84 of the Top 100 vessels having an LOA of 140 metres or less, Cairns Marlin Marina is a perfect place to spot some of the world’s largest vessels. 

There are a number of notable Top 100 destinations that don't have marinas able to accommodate these megayachts, but still attract the largest vessels from all over the world. The Caribbean is a superyacht hotspot, St Barths and St Vincent & The Grenadines in particular offering the most stunning selection of blissful beaches and clear waters for a relaxation retreat like no other. 

The Meditteranean sees many superyachts gather in Gibraltar, a European haven with beautiful landscapes and a wealth of culture, as well as Monaco: a location of the utmost luxury, and arguably, one of the most famous hubs for yachts.

"Marina Port Vell boasts a unique position at the heart of this bustling, cosmopolitan city of limitless possibilities." Marina Port Vell

"Marina Port Vell boasts a unique position at the heart of this bustling, cosmopolitan city of limitless possibilities."

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The World’s Best Superyacht Shipyards

We highlight the top yards crafting the most spectacular yachts on the planet., geri ward's most recent stories.

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CRN superyacht shipyard

From Germany to the Netherlands, Italy, and the United States, the superyacht industry employs highly skilled craftsmen and women at shipyards around the globe. The handcrafted vessels can be seen in bodies of water from the Mediterranean to the Bahamas, providing enjoyment—and jobs—for those on board. Here we highlight the top 20 superyacht shipyards in the world.

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Lürssen.

The German name tops the list, having built 11 out of 20 of the world’s largest superyachts in the last two decades. The 145-year-old family shipyard’s largest yacht, Azzam , spans 592 feet, 6 inches. Imagine six football fields laid end to end, with dozens of staterooms and saloons filled with beautiful woodwork, custom furniture, and art, all inside a high-tech hull. That 2013 launch was followed by others like 512-foot Dilbar and this year’s 364-foot Project Tis .

Espen Øino Dilbar yacht

Lürssen Dilbar, designed by Espen Øino.  Photo: Josep Baresic

Still owned and managed by the Lürssen family, the company’s ability to consistently produce so many floating masterpieces is directly proportional to its skilled workforce and vast facilities. After recent acquisitions, including the famed Blohm & Voss yard, Lürssen owns eight shipyards across Germany. Its staff, some of the most experienced of any superyacht builder, include 400 designers, 600 engineers, 1,600 skilled workers, and 200 apprentices.

Lürssen's Bremen shipyard

Lürssen’s Bremen shipyard.  Courtesy of Lürssen

After launching the company in 1875, Friedrich Lürssen declared: “My firm shall be known as a leader in both quality and performance.”

With his name attached to the world’s largest yachts , Friedrich’s words have taken on a greater significance than he could ever have imagined.

Abeking & Rasmussen

Abeking & Rasmussen’s Elandess at the shipyard.  Photo: Courtesy Abeking & Rasmussen

Abeking & Rasmussen

Located across the river from Lürssen’s Lemwerder yard, Abeking & Rasmussen has created advanced running surfaces, like its Swath hull that skips over turbulent ocean waves rather than pounding across. The name is known for commercial and military vessels as well as custom yachts.

Abeking & Rasmussen’s Cloudbreak

Abeking & Rasmussen’s Cloudbreak.  Christopher Scholey

Its award winners include the 237-foot Cloudbreak , which set new design standards for expedition yachts, and the 244-foot Elandess , featuring its “Nemo Lounge” with a window below the waterline. Abeking’s flagship, the 321-foot Aviva , is unique among yachts its size with an unmatched interior volume that includes a regulation-sized paddle-tennis court .

Abeking & Rasmussen Aviva

Aviva’s paddle-tennis court.  Photo: Abeking & Rasmussen

The 112-year-old yard is typically ahead of the latest trends. It is developing a hybrid fuel cell powered by methanol that emits only clean steam. The system could well be the first hydrocarbon-emissions-free propulsion in the yachting world.

Feadship Amsterdam Yard

Feadship Amsterdam Yard.  Photo: Courtesy of Feadship

Formed as a group in 1949, Feadship is probably the most famous name among the Dutch builders. Feadship is comprised of the De Vries and Van Lent family yards, with locations in Aalsmeer, Makkum, Kaag, and Amsterdam. The group also includes De Voogt Naval Architects .

Feadship Amsterdam Yard

Feadship’s 312-foot Faith.  Photo: Courtesy of Feadship

Feadship, credited with dozens of custom launches over the last seven decades, has grown into Holland’s superyacht powerhouse. In the 2015, it launched 333-foot Symphony , the first Feadship to cross the 100-meter mark. Faith , a stunning 312-footer launched two years later, has a streamlined profile and helicopter pad with hangar on the foredeck and swimming pool with glass floor (forming the ceiling of the beach club below) on the aft deck.

Feadship superyacht Hasna

Feadship Hasna.  Photo: Courtesy of Feadship

Last year, Feadship launched a half-dozen other yachts, including 241-foot Sherpa . Its expedition-yacht exterior, including two industrial-looking exhaust stacks on the aft cockpit, shows Feadship’s design capabilities. Its Project 814, with its vertical bow and long, lean forefoot, will be an example of an entirely new look, when launched later this year.

Nobiskrug Sailing Yacht A

Nobiskrug Sailing Yacht A.  Photo: Courtesy of Nobiskrug

Specializing in made-to-measure, custom-built superyachts, award-winning builder Nobiskrug produces its vessels out of three different facilities in northern Germany: Rendsburg, Kiel-Gaarden, and Kiel-Friedrichsort. The yard was established in Rendsburg in 1905, shortly after the Kiel Canal opened in 1895. Today Nobiskrug employs more than 1,000 highly skilled craftsmen and women across the three shipyards. In-house production includes hull construction, steel cutting, mechanical work, fitting, pipe fitting, paint, electrical, and carpentry, with these workshops organized under one roof.

Shown above is the brand’s Best of the Best winner A , designed by Philippe Starck and built by Nobiskrug, the yacht is a 470-foot sail-assisted motor yacht that was delivered in 2017.

Nobiskrug Mogambo motor yacht best of the best

Nobiskrug Mogambo.  Photo: Courtesy of Nobiskrug

Nobiskrug’s 241-foot Mogambo won Robb Report ‘s Best of the Best award in 2013. Featuring both interiors and exteriors by UK-based Reymond Langton Design, Mogambo is a great example of Nobiskrug’s past projects.

Nobiskrug’s Artefact is an Eco-Friendly Hybrid Superyacht

Nobiskrug’s hybrid superyacht Artefact.  Photo: Courtesy of Nobiskrug

Representing the future of the company, Nobiskrug’s hybrid superyacht Artefact (ex-project 790) was revealed last fall in Monaco and is scheduled for a 2019 delivery. With an exterior by Canada’s Gregory Marshall Studio and interior by Reymond Langton Design, the yacht features numerous eco-friendly characteristics, such as lower emissions and a quieter ride. It also utilizes a Dynamic Positioning System to hold its position for longer, delaying the need for sea-bed-damaging anchors.

Amels Shipyard

Amels Shipyard.  Photo: Courtesy of Amels

Amels celebrated its centennial in 2018, but the superyacht builder has modern facilities and one of the industry’s smartest business plans. It was acquired by the Damen Group in 1991, which gave it the financial resources and vision to become one of the most respected custom yacht builders. Ten years ago, it launched a Limited Editions range. Built on proven hull platforms from 180 to 272 feet, owners have a choice of customizing both the interior and exteriors. Close to 40 yachts have been delivered since, proving that the disruptive concept has a place in yacht-building.

Amels Limited Editions 242 Monaco Yacht Show

Amels Limited Editions 242.  Photo: Schöningh Wulffraat

The Amels’ yard in Vlissingen has two climate-controlled bays, one 475 feet and the other 670 feet, for multiple new builds or refits. Its second yard in Vlissingen East has a climate-controlled bay, measuring 705 feet.

Amels Volpini 2

Amels Volpini 2.  Photo: Courtesy of Amels

Used for military and commercial vessels, it has the facilities and skilled workers to handle the world’s largest custom, steel-hulled yachts. Noteworthy launches last year include 243-foot Universe , 205-foot Sea & US , and 189-foot Volpini 2 .

Oceanco Launches 110-Meter Project Jubilee Superyacht

Oceanco launches 110-meter Jubilee.  Photo: Francisco Martinez Photography

Oceanco is a relative newcomer, but it has created some of the world’s most beautiful custom superyachts. Names like the recently launched 295-foot DAR are great examples, but the yard has also built technically advanced vessels like the 350-foot sailing superyacht, Black Pearl , with some of the most advanced sails ever designed. Its other award winners like Jubilee , Aquijo , and Infinity , retain their own unique DNA. The yard has worked with the most sought-after yacht designers, including Terence Disdale , Nuvolari-Lenard , Espen Øino , Sam Sorgiovanni , Igor Lobanov , Tim Heywood , and Andrew Winch .

Oceanco Bravo Launch 2 - Credits - Francisco Martinez

Oceanco Bravo launch.  Photo: Francisco Jose Martinez Mendez

The Alblasserdam yard is working on 357-foot Project Bravo , the first Oceanco with its proprietary LIFE design (lengthened, innovative, fuel-efficient, and eco-friendly). Bravo will combine hybrid propulsion, weight savings, and extra interior space in a package that could be a game-changer for yachting. “Our approach with Bravo was to maintain a stunningly sleek profile without sacrificing interior space,” says designer Dan Lenard. “The new exterior style concept is bound to create a new design stream.”

Heesen yachts HY18050

The superstructure is lowered over the hull of Project Triton.  Photo: Dick Holthuis

Among the Dutch builders, Heesen has seen the greatest expansion of its model line, which is available in aluminum and steel. Its recent launches range from the 164-foot futuristic hybrid, Home , to more conventional designs like the 180-foot Laurentia . The yard really started its upward trajectory in 2011 with the simultaneous launches of Quinta Essentia and Satori, two very different yachts that captivated the superyacht world.

Heesen Home

Heesen Home.  Photo: Courtesy Dick Holthuis Photography

Two years later, Galactica Star , the first fast-displacement yacht, showed that Heesen lived in a world where design and technology intersect. Its largest-ever build, 230-foot Galactica Super Nova , was a sign that Heesen can move into larger categories. The yard has drawings of an ultra-modern 83-meter custom Maximus concept, complete with an entirely open cockpit and swimming pool with waterfall, waiting for the right owner.

Benetti Delfino 95 Viareggio

A Delfino 95 emerges from the shed at Benetti’s Viareggio yard.  Photo: Courtesy of Benetti

Benetti is not only the world’s largest superyacht builder, it is also one of the oldest. Started in 1875, the Italian builder always has a parade of custom and semicustom builds. The Azimut Benetti Group now has 97 yachts under build over 78 feet. In the last year, Benetti has launched a range of yachts, including Ironman , its sixth Fast 140, 207-foot custom Metis and 226-foot Spectre .

Benetti custom superyacht Spectre james bond staluppi

Benetti Spectre.  Courtesy of Benetti

Benetti also recently launched its largest-ever build, 351-foot FB277, one of three gigayachts currently being built in its Livorno yard. The other two are due to launch this year. The world’s largest superyacht builder continues to push the boundaries in design and technology, as it moves into gigayacht territory that the yards in Northern Europe have dominated for years.

CRN superyacht shipyard

CRN’s superyacht yard.  Photo: Courtesy of CRN

The 262-foot Chopi Chopi was a landmark yacht for CRN when it launched in 2013, showing that the Italian yard could go toe-to-toe with the yards in Northern Europe. Chopi Chopi is still CRN’s largest build to date, but the Ancona facility has launched a succession of custom yachts that have established CRN’s place as the crown jewel of the Ferretti Group. The military exterior of 180-foot Atlante , sleek hull of 239-foot Yalla , or stunning, high-tech interior of its most recent launch, Cloud 9 , show the range of the custom builder.

CRN's Cloud 9 superyacht

CRN’s Cloud 9 superyacht.  Photo: Maurizio Paradisi

CRN’s current builds include a 260-foot tri-deck motor yacht, a pair of 203-footers with low superstructures and vertical bows, and a 164-foot Superconero , a modern version of the 1970s SuperConero that defined CRN. Ferretti has invested about $10 million to upgrade the Ancona yard, with plans to invest another $15 million.

Baglietto Shipyard

Baglietto Shipyard.  Photo: Emilio Bianchi

Baglietto is one of Italy’s most revered yacht names, having started in 1840 when Pieto Baglietto built small wooden fishing boats in his backyard. The company built boats for kings and popes, and put the first combustion engine into an 80-foot yacht in 1906. After being rescued from bankruptcy by the Gavio Group, a multinational corporation owned by a yacht-loving family, Baglietto has experienced a renaissance. Both its production facility, which gained a $25 million facelift, and model line, ranging from 43 to 230 feet, are now state of the art.

Baglietto's 48-meter Silver Fox.

Baglietto’s Silver Fox.  Photo: Federico Ferretti

Francesco Paszkowski, Italy’s most revered yacht designer, does the lion’s share of design for Baglietto, but the builder recently unveiled other concepts by Milan-based Hot Lab and Santa Maria Magnolfi for its midrange superyachts. Baglietto is offering these very different designs on five proven hull platforms. Its 230-foot flagship is from Mulder Design in the Netherlands.

Rossinavi Aurora

Rossinavi Aurora.  Photo: Courtesy of Rossinavi

Rossinavi ’s recent launches are some of the most inspired designs in the superyacht world. The 2017 launches, 160-foot  Endeavour II and 161-foot  Aurora , are as different in design as chalk and cheese. The yard worked with Achille Salvagn i on both interiors. Salvagni, known for his stylized residential interiors and whimsical decor, brought a fresh sensibility to both yachts that gave them very distinct personalities.

Rossinavi's Custom Utopia IV Superyacht

Rossinavi’s Custom Utopia IV.  Photo: Courtesy of Rossinavi

Last year, the yard launched two more inimitable yachts, 206-foot  Utopia IV and 161-foot  Flying Dagger . Utopia IV is unique among superyachts because of its top end of 33 knots, with transatlantic range. Always on the lookout for new ideas, Rossinavi has unveiled concepts with Pininfarina, designer of many Ferrari models, and the Phantom 62, a sleek, futuristic design by Enrico Gobbi.

Sanlorenzo Superyacht Yard

Sanlorenzo’s superyacht yard.  Photo: Silvano Pupella

With headquarters in Ameglia and other yards in Viareggio, Massa, and La Spezia, Sanlorenzo is ranked among the top three builders of yachts over 80 feet. In the last two years it has introduced a 118-foot planing yacht, a 210-foot 64Steel (due out this year), the 171-foot custom Seven Sins —not to mention the flagship of its explorer line, the 164-foot 500EXP Ocean Dreamwalker III , which it launched at the last Monaco Yacht Show . The light-blue steel hull shows the style that Sanlorenzo gives to each new launch.

Sanlorenzo SL102 Asymmetric Yacht

Sanlorenzo SL102 Asymmetric Yacht.  Photo: Courtesy of Sanlorenzo

The recently introduced SL102 employs an asymmetric exterior design , with an outer walkway on just one side of the boat to increase interior volume.

The hull of the 56-metre motoryacht in the Perini Navi Voyager line, designed in partnership with naval architect Philippe Briand, has arrived in La Spezia, from the Perini Navi Yildiz shipyard in Istanbul.

The hull of the 56-meter motor yacht in the Perini Navi Voyager line, designed in partnership Philippe Briand, arrives in La Spezia from the Yildiz shipyard in Istanbul.  Photo: Courtesy of Perini Navi

Perini Navi

The Perini name extends across a succession of groundbreaking yachts from 289-foot  Maltese Falcon , which had a DynaRig sail plan that was designed from a theory, to the ultimate blue-water cruiser, the 229-foot  Sybaris , through to the flagship of Monaco’s 2017 show, the 1 97-foot  Seven .

sailing superyacht Perini Navi Italian

Perini Navi Seven.  Photo: Courtesy Perini Navi

Since a management restructuring in 2017, Perini Navi has introduced multiple new lines , including its E-volution sailing yacht series and three styles of motor yachts—Argonaut, Heritage, and Voyager. With two yards in Italy and a third in Turkey, Perini now has three sailing yachts under construction, including two 138-foot E-volutions. Its three motor achts under build include two Philippe Briand–designed 53 and 56 Voyagers, as well as its 82-foot hybrid-powered Eco-tender. The brand’s new energy promises a bright future.

Sunseeker shipyard shed

Sunseeker’s shed.  Photo: Courtesy of Sunseeker

When John and Robert Braithwaite started their fledgling boat business in 1969, the two brothers had no idea it would become one of the UK’s most important shipyards. Sunseeker is different from most yards on this list because it builds only in composites up to 155 feet.

Sunseeker By Icon superyacht

The Sunseeker 161 being built by Icon Yachts.  Photo: Courtesy of Sunseeker/Icon

Prompted by owner demand, Sunseeker is now venturing into aluminum with its new 161 Yacht. Easily recognized by Sunseeker’s exterior design cues, the 161 will be built by Icon Yachts in Holland. “We are combining the metal build expertise of ICON with our design DNA, technical expertise, and market know-how,” says Sean Robertson, president of Sunseeker USA, adding the new yacht will “absolutely” be a Sunseeker. The 161 will be launched in 2021.

Princess Yachts Shipyard

Princess Yachts shipyard.  Photo: Courtesy of Princess Yachts

Princess Yachts

Princess Yachts is the other British builder that continues to evolve in interesting, new ways. Established in Plymouth in 1965, Princess has grown into multiple modern production sites measuring more than 1.1 million square feet. Situated in a port with maritime ties that date back centuries, Princess’s South Yard, where the M Class superyachts are built, is a former 17th-century naval yard.

Princess Yachts Imperial Princess 40M

Princess Yachts Imperial Princess.  Photographer: Marc Paris

The Princess flagship, the 131-foot 40M Imperial Princess, seems like a larger superyacht, with large interior volume and unusual natural light. The yard also makes a 30M (98 foot LOA) and 35M (115 foot LOA).

Princess Yachts R35

Princess Yachts R35.  Photo: Courtesy of Princess

Its most exciting launch was the R35, a 35-footer designed by Pininfarina, with a foil system that reduces drag by 30 percent. Princess plans to add the foil design to its larger yachts, an innovation that could revolutionize yachting.

Royal Huisman Ngoni sloop sailing yacht

Royal Huisman Ngoni.  Photo: Courtesy Royal Huisman/Breed Media

Royal Huisman

Established in 1884, Royal Huisman is one of the oldest shipyards in Holland but one of its most modern. Its waterside facility in Vollenhove totals about 350,000 square feet, with four heated bays to accommodate yachts up to 266 feet. It has another facility in Amsterdam and a third in Emden, with facilities for yachts up to 394 feet. Its fleet of famous sailing superyachts include Gliss, Antares, Hyperiod, Hanuman, Elfie, and Arcadia . Its recent launches include the 190-foot  Ngoni , which has one of the most eclectic interiors ever, and the more classic 184-foot  Aquarius . Though best known for custom sailboats, the yard is currently working on Project Phi, a 180-foot motor yacht designed by Van Ooosannen Naval Architects.

Nautor’s Swan shipyard

Nautor’s Swan Pietarsaari shipyard.  Photo: Courtesy of Nautor's Swan

Nautor’s Swan

Finnish builder Nautor’s Swan , founded in 1966 by Pekka Koskenkyla, has always had its sights on building high-performance sailing yachts with beautiful wood interiors. Koskenkyla enlisted Sparkman & Stephens, designer for many winning America’s Cup yachts, to create its first fiberglass boat. The new boats saw instant racing success.

Nautor’s Swan Solleone Ferragamo sailing yacht

Swan 115 sailing yacht.  Photo: Eva-Stina Kjellman

The builder eventually partnered with German Frers Design. The Frers team, working with 30 Swan designers, is responsible for many innovative designs, including the first Swan 115 S introduced in 2015 at the Monaco show. The 115 was the flagship of the its Maxi division, which includes the Swan 98 , and eventually became the Swan 120.

Nautor's Swan Swan 98 Sailing Yacht

The 98’s multipurpose deck makes for a great hangout and sunning area, while at the same time has optimal space for sail handling.  Photo: Courtesy Nautor's Swan

Nautor’s Swan expanded beyond its historical plant in Kallby in 2002, when it opened a new high-tech facility in Pietarsaari for yachts from 60 to 115 feet. Its Kronoby facility produces its famous wood interiors. The most noteworthy yard in Finland has produced 2,000 Swans since it launched operations.

Westport's shipyard in Port Angeles, Washington.

Westport’s shipyard in Port Angeles, Washington.  Photo: Courtesy of Westport

Westport Yachts

Westport Yachts has been North America’s most prolific superyacht builder since it began building boats in 1969. Its facilities in Westport and Port Angeles, Washington, include enclosed spaces of 170,000 and 100,00 square feet, respectively, with a separate 80,000-square-foot cabinet shop and 4,100-square-foot upholstery shop. Westport has launched more than 140 yachts.

A recently launched 130-foot/40-meter Westport superyacht.

A recently launched 130-foot/40-meter Westport superyacht.  Photo: Courtesy of Westport

Westport’s success lies in its disciplined approach to yacht building, which involves a production mentality that keeps each build on time and on budget. The builder uses leading-edge machinery, proven coring materials, and components like MTU and Caterpillar engines, Northern Lights generators, and Furuno electronics that bring quality and consistency to the build process.

The saloon of Westport's recent 130-foot superyacht.

The saloon of Westport’s recent 130-foot superyacht.  Photo: Courtesy of Westport

Its line of the W112, W125, W130 and W164 are contemporary but not ostentatious, with high levels of fit and finish across the yacht. That type of production mentality, which allows for a certain degree of customization, means the yachts are built to the same high standards.

Westport clients appreciate that level of reliability, not to mention resale value, when it comes to yacht ownership.

Delta Marine shipyard.

Delta Marine shipyard.  Photo: Jeff Brown

Delta Marine

Delta Marine is not given much to self-promotion, but the Seattle yard shares the same type of pedigree as many of the top European builders.

Delta Marine Invictus.

Delta Marine Invictus.  Photo: Jeff Brown

Its production quality, skilled labor, and proven ability to turn intricate, complex designs into beautiful, custom superyachts has earned it a place among the world’s top builders. The yard comprises a 25-acre complex in Seattle, with 300,000 square feet of manufacturing space in its state-of-the-art facility. With Boeing headquarters just down the road, and Seattle being a leading tech center, the trickle-down influence on the shipyard is noteworthy. Its collection of custom yachts includes 216-foot  Invictus , 164-foot  Arianna , and 240-foot  Laurel . Recently, an unnamed 204-foot launch was seen on sea trials near the yard.

Overmarine Mangusta El Leon superyacht

Mangusta El Leon launch.  Photo: Emilio Bianchi

The Overmarine Group’s Mangusta brand has been known for speed during its 34-year-history. The Balducci family defined their niche, though the range has expanded to maxi open yachts and long-range yachts. The line extends from 94 to 215 feet LOA, with 300 yachts produced over the years. Its Mangusta Maxi Open series, ranging from 94 to 215 feet, offers speed as well as quietness and stability, in a stylish package. Its 50M (164-footer) is considered an industry icon. The Mangusta Oceano are long-range yachts with ranges up to 5,000 miles.

Mangusta Oceano 46 Q95 superyacht Monaco Yacht Show

Mangusta Oceano 46 Q95.  Photo: Courtesy of Mangusta

The Mangusta GranSports are a combination of the two lines, fast-displacement yachts capable of covering long distances. The group has 10 production facilities in Tuscany and Viareggio, Massa, and Pisa that total around two million square feet of indoor and exterior space. It has two wharfs in Viareggio where it does the final work on its yachts. Overmarine is vertically integrated, from the initial design to making the molds, to installing the electronics. The company celebrated a milestone in December: Its Gransport El Leon  (shown above) crossed the Atlantic, the first Mangusta to ever accomplish that feat.

Southern Wind Kiboko Tres sailing yacht South Africa

Southern Wind Kiboko Tres.  Photo: Courtesy of Southern Wind

Southern Wind

This 25-year-old builder has design offices in Italy and a modern yard in Johannesburg, South Africa, where it builds advanced composite sailing yachts from 82 to 115 feet in length. Over the years, it has worked with renowned sailing yacht designers, Farr Yacht, Reichel/Pugh, and Nauta Design. Most launches are semi-custom projects built on proven running surfaces, giving the owner the choice to customize interior and exterior. Southern Wind ’s most  recent launch is SW105 Kiboko Tres , the second of its performance cruiser series. Designed for offshore sailing but with the comforts of a superyacht, Kiboko Tres passed the ultimate sea trial: 7,000 miles from Johannesburg to Italy, on its way from the shipyard to the offices in Italy.

Christensen Yachts Chasseur

Christensen Chasseur.  Photo: Jeff Brown

Christensen

Rare among superyacht builders, Christensen Yachts does virtually all of its work in house. The Vancouver, Washington–based yard has its own metal department for completing stainless handrails, stairways, anchor pockets, and other custom pieces, as well as a stone shop for marble, onyx, quartz, granite, and limestone used in the inlaid floors, countertops, and panels; and shops for woodworking, painting, and upholstery. Vertical integration allows the yard to deliver exceptional details for its yachts, which run up to 164 feet. Christensen’s Chasseur won top award in its category in the 2017 International Superyacht Society, in part for the intricate interior.

Christensen's Vancouver shipyard.

Christensen’s Vancouver shipyard. 

Located on a seven-acre marina, the shipyard has a dozen bays enclosed in 180,000 square feet of climate-controlled space.

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IMAGES

  1. Winch Design Unveils World's Largest Superyacht, Called "M/Y Somnio

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