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122M superyacht charter KISMET wins Yacht of the Year at 2024 World Yachts Trophies

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By Katie Scott 16 September 2024

The striking 400.3ft (122m) superyacht charter KISMET triumphed at the 2024 World Yachts Trophies ceremony in Cannes, obtaining the coveted Yacht of the Year award.

Held annually in conjunction with the Cannes Yachting Festival , the World Yachts Trophies celebrate groundbreaking yachts and luxury yacht rentals in the 42.6ft - 459ft (13m - 140m) size range, with a host of accolades including Best Interior Design, Best Layout, and Most Achieved Yacht.

Continuing to build on her collection of awards, super yacht charter KISMET previously won Best Charter Yacht at the 2024 Robb Report Awards in Monaco , just a few months after joining the Mediterranean yacht charter fleet.

Making waves in the industry as one of the market's most expensive yachts for charter , KISMET is easily distinguishable with her jaguar emblem under the bowsprit, and features an impressive selection of onboard amenities for the ultimate yacht charter escape.

KISMET is spacious and packed with things to do making her fully primed for guests seeking a luxury charter at sea

Deck Jacuzzi onboard charter yacht KISMET

Also firmly holding her place among the largest yachts for charter in the world, KISMET is a Lurssen charter yacht that knows how to deliver exceptional experiences each and every time. Making a substantial first impression on all embarking charter guests, she boasts spacious exterior decks with multiple alfresco dining and lounge options, along with a swimming pool, beach club, and deck Jacuzzi.

Charter yacht KISMET interiors with plush seating and a grand piano aft

Featuring continuous connections to the sea and seamless movement with an elevator servicing all the decks, interiors penned by Reymond Langton Design are indulgent throughout and feature an opulent color palette with splashes of rich hues.

Facilities found onboard the motor yacht charter include an indulgent indoor cinema, a spa-quality health and wellness area comprising a Hammam, sauna, beauty room, massage room, gym, and steam room, plus an inviting dance floor and Wi-Fi connectivity.

Interior cinema onboard charter yacht KISMET with plush teal fittings

Offering overnight accommodation for up to 12 charter guests in a well-appointed eight-cabin layout, superyacht charter KISMET is the epitome of indulgence and is currently taking winter bookings on request.

To find out more about chartering superyacht KISMET, contact your preferred yacht charter broker today for more details and information on yacht rental costs .

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Bayesian yacht sinking: Probe continues after video found by divers amid warning future disasters are likely

Italian prosecutors continue their investigation after divers recovered video equipment from the luxury yacht, article bookmarked.

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An investigation into manslaughter following the deaths of seven people onboard the Bayesian superyacht is set to continue after specialist divers recovered video equipment that could explain how it sank.

Italian prosecutors will continue their probe after a source told Reuters Navy divers recovered parts of the deck , computer material, video surveillance systems, hard drives and various other equipment.

The electronic devices have been sent to specialised labs outside of Sicily to check their condition and possibly recover data, the source added.

British tech tycoon Mike Lynch’s boat had been moored near the port of Porticello on 19 August when it sank during the early hours of the morning amid a storm. It is now lying 50m below the surface.

Among those killed were Mr Lynch and his 18-year-old daughter Hannah, who was due to begin studying at Oxford University in September, as well as four other family friends and associates.

Meanwhile, experts have warned freak weather patterns could lead to similar tragedies happening again in future.

Professor Yoav Yair, dean of the school of sustainability at Reichman University in Israel, said he was “very concerned” and it was a matter of “when and where” it would happen again.

Italian navy recover video equipment

Italian Navy divers have recovered video surveillance equipment from the wreckage of billionaire Mike Lynch’s Bayesian superyacht that could explain how it sank.

The British tech tycoon’s boat had been moored near the port of Porticello on 19 August when it sank during the early hours of the morning. It is now lying 50m below the surface.

Among those killed were Mr Lynch and his 18-year-old daughter Hannah, who had been due to begin studying at Oxford University in September, as well as four other family friends and associates.

Divers hunting for clues on how Mike Lynch’s superyacht sank make discovery

The video equipment recovered could show if the crews left doors open on the Bayesian superyacht, which might have allowed the vessel to flood

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The top 25 largest yachts in the world

Every year, shipyards from around the world push the boundaries of superyacht design to deliver bigger and better yachts. The Samuda-built El Mahrousa may have carried the title unchallenged for a remarkable 119 years, but in the 21st century, she has descended down the pecking order to make room for even larger and longer yachts. German shipyard Lürssen currently holds a near monopoly in the construction of supersized superyachts, having delivered 13 of the world’s top 25. But the list is ever-changing with the 158 metre Blue breaking into the top five in 2022. These yachts, all measuring over 100 metres, are impressive not only for their hull length but for what they carry above and below deck. From submarines and helicopters to swimming pools , cinemas and science labs, the onboard features of these superyachts show them to be truly ground-breaking pieces of engineering. Read on to discover our official list of the largest, privately owned yachts in the world.

1. Azzam | 180.6m

In October 2013, Lürssen delivered the largest privately owned superyacht in the world in the form Azzam . Originally, she was designed to be 145 metres, but in the process of optimisation grew to 180 metres. Other stunning facts about Azzam’s impressive design include her staggering 13,000 GT and accommodation for 36 guests and as many as 80 crew members. The behemoth was reportedly built for Sheikh Khalifa bin Zayed al-Nahyan of Abu Dhabi’s royal family, for use as a dayboat to reach his favourite diving grounds. The main saloon alone encompasses nearly 522m² and has a relaxed French Empire style and mother of pearl finishes, designed by Christophe Leoni . On board features include a gym, pool and a special ‘golf training room’.

Exteriors have been penned by Nauta Yacht Design , and the technical engineering was directed by Mubarak Saad al Ahbabi for the owner. The yacht has an impressive speed for her size owing to her innovative water-jet propulsion system (two fixed jets, two directional), which catapults her along at a staggering 31.5-plus knots. At 17.5 metres longer than Roman Abramovich’s Eclipse , this boat takes the prestigious title of the world’s largest yacht. The all-white superyacht has held her title unchallenged for nearly seven years, but this reign will come to an end with the expected delivery of 183 metre REV .

Builder: Lurssen
Country of build: Germany
Delivery year: 2013
Length Overall: 180.61 m
Gross Tonnage 13136 t

More about this yacht

3. Dubai | 162m

Dubai was originally commissioned by Prince Jefri of Brunei with exterior styling and interior design by Andrew Winch . The Blohm & Voss project was suspended in 1998 with just the bare hull and partially complete superstructure. It was eventually sold to the Dubai government, and responsibility passed to Kostis Antonopoulos of Platinum Yachts , which prepared a new in-house interior design completed in 2006.

The aptly named Dubai is the royal yacht of Sheik Mohammed bin Rashid al-Maktoum of Dubai. The accommodation, styled by Nakheel Interiors , is designed for 24 guests and comprises an owner’s suite, five VIP suites and six guest suites, all with open balconies. Special features include a 21.3m-wide atrium, a swimming pool, barbecue area, cinema, disco, a landing platform for a Blackhawk helicopter, a gymnasium, and a garage for the yacht’s submarine and a vast array of water toys. Full certification was obtained from Lloyds Register of Shipping in October 2006 and she has since made several voyages. She can reach a maximum speed of 25 knots.

Builder: Platinum
Country of build: United Arab Emirates
Delivery year: 2006
Length Overall: 162 m
Gross Tonnage 12488 t

4. Blue | 158m

Taking her place at number four in the list of the world’s longest yachts, Lürssen’s Blue is so voluminous that she beats all the longer boats in terms of gross tonnage. Built for a Middle Eastern owner, she is exceeded for internal space only by those behemoths Dilbar (15,917GT) and Al Said (15,850GT). Terence Disdale has penned classic exterior lines with a sharply raked bow and gentle curves to the deep overhangs of the decks. The main helipad is positioned on the bow, with a smaller one aft. Other exterior features include a pool under cover on the main deck aft, a bathing platform at the stern and twin balconies flanking the owner’s cabin forward. Blue ’s interior is designed to be timeless and rich in “feminine elegance”, a deliberate contrast to the exterior.

Blue is equipped with a diesel-electric hybrid propulsion system that was developed in-house. An electric Azimuth pod drive can manoeuvre the boat alone or in conjunction with the twin propeller shafts. To reduce noise, vibration and NOx levels, Blue has a state-of-the-art exhaust treatment system. The boat is also equipped with new membrane technology that means her treated waste water achieves drinking water quality.

Delivery year: 2022
Length Overall: 160.6 m
Beam: 22.5 m
Gross Tonnage 14785 t

5. Dilbar | 156m

With a total interior volume of over 15,000 GT, Dilbar is the largest yacht in the world by gross tonnage, if not by length. She was built in steel and aluminium by Lürssen to a design by Espen Øino . In 2016, she was delivered in the Mediterranean for her owner, the Uzbekistani billionaire Alisher Usmanov. She replaced Usmanov’s previous yacht of the same name, which has since been renamed Ona . She is usually spotted cruising around the South of France, northern Spain and sometimes Cyprus.

Record-breaking features on board this SOLAS-class superyacht include her 180 cubic metre swimming pool and her 30,000KW electric diesel power plant. Her interiors, styled by Winch Design, can accommodate up to 24 guests served by nearly 100 crew members. She also has two helipads, 3,800 square metres of living space amd an expansive garden complete with a specially developed variety of grass that tolerates salt air, according to its creator Axel Massmann. Dilbar has a single colour for her exterior, a buttery cream shade, that makes her instantly recognisable at sea and can reach a top speed of 21 knots.

Delivery year: 2016
Length Overall: 156 m
Beam: 23.5 m
Gross Tonnage 15917 t

6. Al Said | 155m

This Lloyd’s-classed vessel, known as Project Sunflower during construction, was delivered by Lürssen’s Vegesack yard to her owner, Sultan Qaboos bin Said Al Said of Oman, in March 2008. Measuring an impressive 155 metres, Al Said is the principle vessel of the Oman Royal Yacht Squadron. Designed by Espen Øino with the looks of a classic cruise liner, she sails under the Omani flag and her home port is Muttrah Harbour in Muscat.

This Germanischer Lloyd-classed, 15,850GT yacht can reach a top speed of 25 knots and is reported to have a crew capacity of 150. Her panelled interiors, designed in a traditional style by Jonathan Quinn Barnett , offers huge entertaining spaces and accommodation for 65 guests. Her pièce de résistance is the on-board concert hall that can accommodate a 50-strong orchestra, but across her six decks she also has a helipad and a cinema.

Delivery year: 2008
Length Overall: 155 m
Gross Tonnage 15850 t

7. El Mahrousa | 150.6m

El Mahrousa was first delivered by the Samuda Brothers shipyard in 1865. She held on to the title of longest yacht in the world for over a century before finally being usurped by the delivery of Prince Abdulaziz in the 1980s. She was originally built for the Ottoman governor of Egypt, Khedive Ismail, receive visiting dignitaries. and was present at the opening ceremony of the Suez Canal in 1869, when she was used to receive visiting dignitaries. She was lengthened by 12.1 metres in 1872, when her paddle wheels were removed, and by a further 5.2 metres in 1905. Her last major rebuild was in 1950.

Significant moments in her lifetime include her participation in 1976 as the Egyptian representative at the Bicentennial Fleet Review in New York harbour. She slipped into disrepair after this while being used as a museum ship. In 1992, a major effort was put into making her seaworthy enough to travel to Italy for the Christopher Columbus Fleet Review. She now serves as the Egyptian Presidential Yacht but is seldom seen in public. She is usually berthed in Alexandria, where she is cared for by the Egyptian Navy, which lists her as a training ship. Powered by three Parsons steam turbines, she can achieve a top speed of 16 knots.

Builder: Samuda
Country of build: United Kingdom
Delivery year: 1865
Length Overall: 150.57 m
Beam: 12.98 m
Gross Tonnage 4560 t

8. A+ | 147.3m

Formerly known as Topaz , the Tim Heywood -designed A+ was launched by Lürssen in 2012 and uniquely features Heywood’s signature illuminated on her superstructure. Although she flies a Cayman flag, her owner is a member of the UAE elite – reportedly Sheikh Mansour bin Zayed al-Nahyan, who also owns the UK’s Manchester City football club.

Having previously been chartered twice by Hollywood actor Leonardo DiCaprio, the 147.25 metre superyacht features a helicopter landing pad located at the bow and her interiors have been designed by Terence Disdale – but not much else is known about this superyacht, as many of her details are still shrouded in secrecy.

Delivery year: 2012
Length Overall: 147.25 m
Beam: 21.5 m
Gross Tonnage 12532 t

9. Prince Abdulaziz | 147m

The 5,200-tonne Prince Abdulaziz was delivered by Danish shipyard Helsingor Vaerft in 1984 to her first owner, King Fahd of Saudi Arabia. Since then, she has continued to serve the Saudi royal family and is berthed beside the king’s palace in Jeddah. She has been refitted three times; in 1987, 1996 and in 2005.

Prince Abdulaziz was built at a reported cost of $184m to a design by Maierform . Her interior, designed by the late David Hicks , blends ancient and modern. One notable feature is the large lobby, said to be designed to mimic that of the Titanic . She includes a hospital, a mosque and a cinema, and there are also rumours of surface-to-air missiles and an underwater surveillance system on board. The mega yacht can accommodate as many as 64 guests and is manned by a crew of 65.

Builder: Helsingor Vaerft
Country of build: Denmark
Delivery year: 1984
Length Overall: 147 m
Beam: 18.3 m
Gross Tonnage 8233 t

10. Opera | 146.4m

Reportedly built for a senior Emirati royal, Opera 's size and gross tonnage catapult her directly into the ranks of the world's 10 biggest private yachts. The 146.4-metre yacht certainly has some of the hallmarks of a Middle Eastern boat, with deep overhangs between decks and lots of enclosed deck space hinting at use in an aggressive climate. Pictures taken during a maiden voyage from Bremen to Portsmouth last summer showed lots of floor-to-ceiling glass across six guest decks, as well as two helicopter landing spots and a beach club whose twin staircases must climb two decks to reach a 10-metre, stone-lined pool aft of the main deck. The pool rises to form a dance floor.

Lürssen has kept the project shrouded in secrecy, but designer Terence Disdale confirmed that interior facilities include a cinema and an extensive spa and wellness centre, plus other features that are being kept under wraps. He also mentioned an upper lounge with a 110-inch television and bay windows.

Delivery year: 2023
Length Overall: 146.35 m
Gross Tonnage 12518 t

11. OK | 146m

This unusual vessel spent decades plying the seas as a float-on yacht carrier for DYT Yacht Transport with the unglamorous moniker Super Servant 3 – and it is this carrying ability that caught the owner’s eye.

40 years after its original launch by Japan’s Oshima Shipbuilding , the yacht emerged from a root-and-branch refit at Karmarine in Turkey. The exterior has been smartened up, with a new matt-black paint job, gold-tinted glazing, teak decking at the bow, stern and sides and an expanse of artificial grass on the submersible aft deck – an idea of the owner’s, to enliven the guest cabins’ view. There are reports that this space doubles as a tennis court and, at 32 metres by 100 metres, there would certainly be the room for it.

With a strengthened hull, the boat’s original role as a yacht carrier has been enhanced. Pumping ballast into tanks under the aft deck allows the platform to lower so that the owner’s 46-metre ketch can be floated aboard and secured. There’s also a 40-tonne crane for positioning other toys – reportedly up to 70 of them, from launches and cars to a seaplane.

Under the direction of Bozca Design , Karmarine has stripped out and rebuilt the accommodation area at the front of the yacht. There are cabins for up to 20 guests, a glazed sundeck spa pool, a "botanical" garden and an outdoor cinema. The lift between decks runs through a glass tower outside the superstructure.

Builder: Oshima Shipbuilding
Country of build: Japan
Delivery year: 1982
Length Overall: 146 m
Beam: 32.01 m
Gross Tonnage 11296 t

12. Sailing Yacht A | 142.8m

This Philippe Starck -designed vessel is the second superyacht commissioned by Russian businessman Andrey Melnichenko, after his first Motor Yacht A . She was built in Germany by the Nobiskrug yard and delivered in February 2017.

A sail-assisted yacht like no other, Sailing Yacht A comprises eight decks, and her rotating curved carbon fibre masts tower to 100 metres. She is made to set 3,747 square metres of sail and is manned by crew of 54. She sports an underwater viewing pod (moulded into the keel) and balconies enclosed by the largest pieces of curved glass ever. There are 24 shell doors in her hull, and she has a diesel-electric power plant controlled by computer. Records claimed by the Starck superyacht include the world's tallest carbon masts, with the tallest standing at 100 metres above sea level.

Builder: Nobiskrug
Delivery year: 2017
Length Overall: 142.81 m
Beam: 24.88 m
Gross Tonnage 12700 t

16. Scheherazade | 140m

Another titan by Lürssen , Scheherazade carries the same name as the enigmatic story-teller of the Middle Eastern epic One Thousand and One nights . She hit the water in July 2019 and offers phenomenal volumes at 10,167 GT. Her Espen Øino exterior features a four-deck aluminium superstructure with elegant tapering roofs and an eclectic range of coloured LED exterior lighting. She also has two large helipads – one at the bow and one on the upper deck – plus a prominent beach club aft.

There is very little information regarding her interior by François Zuretti , but if the work of the French design house on 106-metre Amadea is anything to go by, it is imperious and sophisticated. With the owner known to be a Middle Eastern billionaire, this yacht is designed with warmer climates in mind. Temperatures in excess of 45 degrees Celsius are quite normal in the region during the summer months, so Scheherazade has relatively little exterior space for a yacht of this size. There is limited covered deck space at the aft end of the main and upper decks, but it is well enclosed by glass sides for cooling. Even the sundeck is completely shaded by a hardtop, which all helps to give her an astonishing internal volume.

Delivery year: 2020
Length Overall: 141.96 m
Beam: 23.3 m
Gross Tonnage 10167 t

13. Nord | 142m

Nord started life as Project Redwood, then Opus. Everyone involved in her design and build has remained tight-lipped about the details, but build manager Rob Moran shared some exclusive insight with BOAT International .

First up, she has an Ice Class hull for real exploration. Her aluminium superstructure runs to four decks, contained within the dramatic sweep of a black-painted arch – a key part of the vision of designers Nuvolari Lenard . Not one but two helipads are in evidence, while a vast beach club and tender garage gives "space to store a plethora of toys including 16 tenders, a submarine and an ROV", according to Moran. The largest tender reportedly measures 15 metres, and there is a watersports and dive centre on the lower deck. Nord has a generous touch-and-go helipad at its heavily flared aircraft carrier bow, but there is also a much bigger space aft up on the bridge deck that offers landing, parking and bunkering for the owner’s helicopter, as well as an entire hangar for protection during longer passages.

Also visible to onlookers was the exceptional 25-metre-long swimming pool on the main deck aft, plus a spa pool on the upper deck. Her interior is reported to include a gym, spa, sauna and a whole deck devoted to the owner.

Delivery year: 2021
Length Overall: 141.6 m
Beam: 19.5 m
Gross Tonnage 10154 t

14. Yas | 141m

Delivered in 1978 by De Schelde as a navy frigate, Yas was rebuilt in 2013 by Abu Dhabi MAR. Previously known under the project name Swift 141, she was completely modified with new machinery and electronic systems and outfitted with a luxurious interior. It has been suggested that her owner is a member of the Emirati royal family.

She has been designed inside and out by Pierrejean Design Studio of Paris . The unique superstructure of Yas is built in advanced composites and glass and was supposedly inspired by the profile shape of a dolphin. She is reportedly able to accommodate 60 guests and 56 crew, and on-board features include a heli-pad and al fresco dining spaces aft, and a Jacuzzi on her top deck. Her beach club Jacuzzi is complemented by a waterfall feature and a spiral staircase connects her the multiple decks. Powered by twin MTU diesels, Yas has a top speed of 26 knots.

Builder: De Schelde
Country of build: Netherlands
Length Overall: 141 m
Beam: 14.6 m
Gross Tonnage 5002 t

15. Ocean Victory | 140m

Ocean Victory was completed at Fincantieri’s Muggiano yard in Italy after launching in April 2014. This seven-deck yacht is based on a design by Espen Øino and her interior is by Alberto Pinto and Laura Sessa . She has internal seawater dockage for a 14-metre tender and six pools of up to 8 metres in length. There’s a certified helideck and a hangar to store the aircraft, while inside Ocean Victory boasts an underwater observation room and more than 300 square metres of spa facilities. She is SOLAS-classed and is the largest yacht ever built in Italy.

In 2016, the superyacht world was shocked and saddened to hear of the death of one of Ocean Victory’ s crew members, who suffered critical leg injuries while setting the anchor off the coast of Mu Ko Similan National Park in Thailand. Little else is known about this top-secret yacht, which is kept much under wraps and away from prying eyes.

Builder: Fincantieri
Country of build: Italy
Delivery year: 2014
Length Overall: 140 m
Gross Tonnage 8506 t

17. Solaris | 140M

The 140-metre expedition yacht Solaris was launched in the city of Bremerhaven in February 2021 as the flagship model of German shipyard Lloyd Werft . She is the debut project of Australian designer Marc Newson , who has given her a dramatic grey and white superstructure which features a unique fashion plate which wraps around the mast and connects both sides of the hull. Spanning eight decks in total, Solaris has been constructed in aluminium and steel and offers a 26-metre beam. Little information has been shared about her interiors, but her exterior is equipped with a large helipad, a sun deck and a spacious beach club aft.

Turning to the technical elements, Solaris is reportedly outfitted with a power and energy management system from ABB and features two Azipods powered by nine megawatts – the most powerful propulsion system of its kind to ever be installed on a yacht. She runs on a total of eight MTU diesel engines, providing 19,040hp. Little else is known about the superyacht, on which construction first began in 2018.

Builder: Lloyd Werft
Length Overall: 139.7 m
Gross Tonnage 11247 t

18. Al Salamah | 139.3m

Built by the consortium of Howaldtswerke Deutsche Werft (HDW) in Kiel and the Lürssen shipyard in Germany, Al Salamah is often referred to as "Mipos", the code name used during the construction of this most secret of yachts. Mipos was short for "Mission Possible" – a statement proved correct by her delivery in 1999.

She has a length of 139.3 metres, a massive beam of 23.5 metres, and is reported to have a top speed of 21.5 knots. Both the interior design and the exterior styling are by the London-based Terence Disdale Design . Al Salamah was owned by the late Sultan bin Abdulaziz of Saudi Arabia, who also owned 147 metre Prince Abdulaziz . She was refitted by Lürssen in 2007 and is rumoured to carry a hospital room with an underwater treadmill for physical therapy on board.

Delivery year: 1999
Length Overall: 139.29 m
Gross Tonnage 12234 t

19. Luminance | 138.8m

Espen Øino is repsonsible for this giant yacht's crisp exterior lines. Despite a traditional raked bow, she looks bang up to date with a gleaming hull and superstructure that counterpoise dark blue and silver to create a masculine look. Øino has played with the profile of the overhangs to give the illusion of reverse sheer amidships. The effect is especially striking when viewing the yacht from beam-on. Her twin helicopter pads – one on the foredeck and another high up aft – will make her capable of ambitious explorer programmes. She also boasts a large beach club and an infinity pool, with a private spa pool area on the foredeck of what may be an owner's deck.

Luminance was expected in 2023, but delivery has fallen back a fraction. It is a mammoth project, whose true length has only just been confirmed at 138.8 metres. Her Ukranian owner, mining and financial services mogul Rinat Akhmetov, told The New York Times last year that he was mulling the boat's sale following Russia's invasion of his homeland, but it's not known whether he followed through.

Delivery year: 2024
Length Overall: 138.8 m
Gross Tonnage 8999 t

20. Rising Sun | 138m

Rising Sun was built for Larry Ellison, co-founder and CEO of Oracle. She's the last yacht that ever came from designer Jon Bannenberg’s drawing board, with interiors styled by Laura Seccombe . Rising Sun ’s naval architecture experimented with an extensive use of structural glass for a clean and stripped-down profile.

In 2006, Ellison sold half ownership to media mogul David Geffen, who bought the remaining half in 2010. Rising Sun is reported to have cost more than $290,000,000 and was extended by 18 metres in-build to ensure she was larger than the 126.2-metre Octopus , belonging to Microsoft’s co-founder, Paul Allen. Her 8,000 square metres of living space can accommodate 45 crew members, and includes a wine cellar and basketball court, plus accommodation for 16. One of her tenders, a catamaran, carries the yacht’s 4x4 vehicle ashore.

Delivery year: 2004
Length Overall: 138 m
Gross Tonnage 7841 t

21. Flying Fox | 136m

Formerly Project Shu, PYC-compliant Flying Fox was built by Lürssen for a serial charter yacht owner and completed her sea trials off the coast of Germany in May 2019. The 136-metre, six-deck yacht towers 32 metres above the waterline – as tall as three London buses balanced end on end. Her elegant, well-balanced profile by Espen Øino conceals an extraordinarily voluminous interior by Mark Berryman , including a double-height atrium that forms the main deck lobby. There are 11 cabins for 36 guests, all with private sea-view terraces, and expansive outdoor living spaces, such as a 12-metre swimming pool transversing the main deck aft, swim platforms and two helipads. The 400-square-metre spa is the stand-out feature. It has heated limestone floors, a Hammam, massage and beauty treatment rooms and the first cryosauna ever installed on a yacht, with a main chamber that reaches a chilly -110C. There’s also an on-board hospital.

One of the most expensive superyachts in the world available for charter , Flying Fox is crewed by an experienced team of 54. She boasts a toybox stuffed with jet skis and other Seabobs, hoverboards, room for a submarine and and nine different tenders. Plus, she even has her own dive centre and kite surf store on board.

Delivery year: 2019
Length Overall: 136 m
Beam: 20.5 m
Gross Tonnage 9100 t

Yachts for charter

22. savarona | 135.9m.

Built by Blohm + Voss for American bridge cable heiress Emily Roebling Cadwalader in 1931, Savarona was sold in 1938 to the Turkish government and became the presidential yacht of Kemal Atatürk. In 1989, Kahraman Sadikoglu obtained a 50-year lease and, with investors, spent $35,000,000 on the refit of this classic superyacht, including a library suite dedicated to the memory of Atatürk and furnished with his personal artefacts. In 2010, after an alleged scandal, the Turkish government cancelled the lease and resumed ownership. In 2014, she was refurbished and now serves as the state yacht of Turkey.

Savarona was, for a time, offered on the market for superyacht charters around Istanbul, although she is no longer available to the public. Key features onboard this superyacht include a marble-finished Turkish hammam bath that spans the entire 16-metre beam, a swimming pool, a gold-trimmed grand staircase and a private cinema. She is named after a type of black swan found in the Indian Ocean region.

Delivery year: 1931
Length Overall: 135.94 m
Beam: 16.12 m
Gross Tonnage 4701 t

23. Crescent | 135.5m

Crescent , formerly Project Thunder, has what the yard called a "traditionally-styled" interior by Zuretti , exterior design by Espen Øino and naval architecture by Lürssen . Øino went to great lengths to maximise what he calls the "vision lines" from the interior and the decks – especially from the centreline, which on such a beamy boat is a long way from the sides – by having full height windows and keeping the bulwarks as low as possible.

She has a steel hull and aluminium superstructure and was built to DNV GL standards. Her striking black hull is matched with a silver superstructure that has distinctive wing stations amidships. Just forward of the wing stations are three-deck windows, providing spectacular views for her 18-strong guest list.

Delivery year: 2018
Length Overall: 135.5 m
Gross Tonnage 9194 t

24. Serene | 133.9m

Built for a Russian owner, Serene was the first superyacht delivered by Italian yard Fincantieri . She can accommodate up to 24 guests and 52 crew, and boasts 4,500 square metres of interior space designed by Reymond Langton .

Serene has seven decks, two helipads and a hangar, carries a custom submarine certified to 100m depth and has underwater viewing ports in her Nemo room. A "snow room" can make up to four inches of snow, while the impressive spiral staircase rises through six decks and is lit by a large skylight. Serene won Best Motor Yacht of 3,000GT and Above at the 2012 World Superyacht Awards. Powered by a diesel engine, Serene can reach a top speed of 20 knots and has a maximum cruising range of 6000 nautical miles.

Delivery year: 2011
Length Overall: 133.9 m
Beam: 18.6 m
Gross Tonnage 8231 t

25. Al Mirqab | 133m

Al Mirqab was built by Peterswerft - Kusch for Hamad bin Jassim bin Jaber Al Thani – the former prime minister of Qatar. Her exterior design is by Tim Heywood and her interiors were styled by Winch Design . She is propelled by five generators that power two electric motors driving conventional shafts and a centrally positioned azimuthing electric pod drive. A grand staircase floats through four floors and surrounds suspended glass artwork by Dale Chihuly.

Al Mirqab won Motor Yacht of the Year at the World Superyacht Awards 2009 and Best Interior Design among motor yachts. She can accommodate 60 guests and is manned by an equal number of crew.

Builder: Peterswerft - Kusch
Length Overall: 133.2 m
Gross Tonnage 5000 t

Bodies of Mike Lynch and daughter Hannah flown back to families after Bayesian superyacht sinking

T he bodies of those who died after the billionaire Mike Lynch’s Bayesian superyacht sunk off the coast of Sicily have been flown back to their families by private jet.

Italian publication Giornale di Sicilia reported post-mortem examinations were completed at a Palermo hospital and the bodies have now been returned.

Fifteen of the 22 passengers and crew survived the incident by clambering onto an inflatable liferaft.

But the bodies of Mr Lynch , his 18-year-old daughter Hannah and four other people were found by divers on board. Post-mortem examinations suggest they had been trapped in a room below deck.

Jonathan Bloomer, the international chairman of Morgan Stanley Bank; his wife Judith, a psychotherapist; Christopher Morvillo, a US lawyer; and his wife Neda, a jewellery designer, also died in the sinking.

The body of the yacht’s chef, Recaldo Thomas, was also recovered floating near the wreckage.

The Bayesian was hit by a suspected “downburst” of strong wind early on 19 August. The 56m-long, £30 million yacht drifted for about 400 metres from its anchorage near the fishing port of Porticello before sinking.

It was also reported Italian Navy divers have recovered video surveillance equipment from the wreckage of the Bayesian superyacht that could explain how it sank.

Several highly specialised divers from the Italian navy’s special forces Comsubin unit are now combing the wreckage, which is around 50 metres underwater, on behalf of prosecutors investigating the sinking.

They recovered parts of the deck, computer material, video surveillance systems, hard drives and various other equipment on Thursday.

The electronics removed from the yacht will now be sent to a laboratory outside Italy to deduce whether they are still readable after sitting for weeks underwater.

A prosecutor in Termini Imerese in Sicily has also placed the captain of the yacht and two British crew members under investigation. This does not necessarily mean charges will follow.

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The Haves and the Have-Yachts

In the Victorian era, it was said that the length of a man’s boat, in feet, should match his age, in years. The Victorians would have had some questions at the fortieth annual Palm Beach International Boat Show, which convened this March on Florida’s Gold Coast. A typical offering: a two-hundred-and-three-foot superyacht named Sea Owl, selling secondhand for ninety million dollars. The owner, Robert Mercer, the hedge-fund tycoon and Republican donor, was throwing in furniture and accessories, including several auxiliary boats, a Steinway piano, a variety of frescoes, and a security system that requires fingerprint recognition. Nevertheless, Mercer’s package was a modest one; the largest superyachts are more than five hundred feet, on a scale with naval destroyers, and cost six or seven times what he was asking.

For the small, tight-lipped community around the world’s biggest yachts, the Palm Beach show has the promising air of spring training. On the cusp of the summer season, it affords brokers and builders and owners (or attendants from their family offices) a chance to huddle over the latest merchandise and to gather intelligence: Who’s getting in? Who’s getting out? And, most pressingly, who’s ogling a bigger boat?

On the docks, brokers parse the crowd according to a taxonomy of potential. Guests asking for tours face a gantlet of greeters, trained to distinguish “superrich clients” from “ineligible visitors,” in the words of Emma Spence, a former greeter at the Palm Beach show. Spence looked for promising clues (the right shoes, jewelry, pets) as well as for red flags (cameras, ornate business cards, clothes with pop-culture references). For greeters from elsewhere, Palm Beach is a challenging assignment. Unlike in Europe, where money can still produce some visible tells—Hunter Wellies, a Barbour jacket—the habits of wealth in Florida offer little that’s reliable. One colleague resorted to binoculars, to spot a passerby with a hundred-thousand-dollar watch. According to Spence, people judged to have insufficient buying power are quietly marked for “dissuasion.”

For the uninitiated, a pleasure boat the length of a football field can be bewildering. Andy Cohen, the talk-show host, recalled his first visit to a superyacht owned by the media mogul Barry Diller: “I was like the Beverly Hillbillies.” The boats have grown so vast that some owners place unique works of art outside the elevator on each deck, so that lost guests don’t barge into the wrong stateroom.

At the Palm Beach show, I lingered in front of a gracious vessel called Namasté, until I was dissuaded by a wooden placard: “Private yacht, no boarding, no paparazzi.” In a nearby berth was a two-hundred-and-eighty-foot superyacht called Bold, which was styled like a warship, with its own helicopter hangar, three Sea-Doos, two sailboats, and a color scheme of gunmetal gray. The rugged look is a trend; “explorer” vessels, equipped to handle remote journeys, are the sport-utility vehicles of yachting.

If you hail from the realm of ineligible visitors, you may not be aware that we are living through the “greatest boom in the yacht business that’s ever existed,” as Bob Denison—whose firm, Denison Yachting, is one of the world’s largest brokers—told me. “Every broker, every builder, up and down the docks, is having some of the best years they’ve ever experienced.” In 2021, the industry sold a record eight hundred and eighty-seven superyachts worldwide, nearly twice the previous year’s total. With more than a thousand new superyachts on order, shipyards are so backed up that clients unaccustomed to being told no have been shunted to waiting lists.

One reason for the increased demand for yachts is the pandemic. Some buyers invoke social distancing; others, an existential awakening. John Staluppi, of Palm Beach Gardens, who made a fortune from car dealerships, is looking to upgrade from his current, sixty-million-dollar yacht. “When you’re forty or fifty years old, you say, ‘I’ve got plenty of time,’ ” he told me. But, at seventy-five, he is ready to throw in an extra fifteen million if it will spare him three years of waiting. “Is your life worth five million dollars a year? I think so,” he said. A deeper reason for the demand is the widening imbalance of wealth. Since 1990, the United States’ supply of billionaires has increased from sixty-six to more than seven hundred, even as the median hourly wage has risen only twenty per cent. In that time, the number of truly giant yachts—those longer than two hundred and fifty feet—has climbed from less than ten to more than a hundred and seventy. Raphael Sauleau, the C.E.O. of Fraser Yachts, told me bluntly, “ COVID and wealth—a perfect storm for us.”

And yet the marina in Palm Beach was thrumming with anxiety. Ever since the Russian President, Vladimir Putin, launched his assault on Ukraine, the superyacht world has come under scrutiny. At a port in Spain, a Ukrainian engineer named Taras Ostapchuk, working aboard a ship that he said was owned by a Russian arms dealer, threw open the sea valves and tried to sink it to the bottom of the harbor. Under arrest, he told a judge, “I would do it again.” Then he returned to Ukraine and joined the military. Western allies, in the hope of pressuring Putin to withdraw, have sought to cut off Russian oligarchs from businesses and luxuries abroad. “We are coming for your ill-begotten gains,” President Joe Biden declared, in his State of the Union address.

Nobody can say precisely how many of Putin’s associates own superyachts—known to professionals as “white boats”—because the white-boat world is notoriously opaque. Owners tend to hide behind shell companies, registered in obscure tax havens, attended by private bankers and lawyers. But, with unusual alacrity, authorities have used subpoenas and police powers to freeze boats suspected of having links to the Russian élite. In Spain, the government detained a hundred-and-fifty-million-dollar yacht associated with Sergei Chemezov, the head of the conglomerate Rostec, whose bond with Putin reaches back to their time as K.G.B. officers in East Germany. (As in many cases, the boat is not registered to Chemezov; the official owner is a shell company connected to his stepdaughter, a teacher whose salary is likely about twenty-two hundred dollars a month.) In Germany, authorities impounded the world’s most voluminous yacht, Dilbar, for its ties to the mining-and-telecom tycoon Alisher Usmanov. And in Italy police have grabbed a veritable armada, including a boat owned by one of Russia’s richest men, Alexei Mordashov, and a colossus suspected of belonging to Putin himself, the four-hundred-and-fifty-nine-foot Scheherazade.

In Palm Beach, the yachting community worried that the same scrutiny might be applied to them. “Say your superyacht is in Asia, and there’s some big conflict where China invades Taiwan,” Denison told me. “China could spin it as ‘Look at these American oligarchs!’ ” He wondered if the seizures of superyachts marked a growing political animus toward the very rich. “Whenever things are economically or politically disruptive,” he said, “it’s hard to justify taking an insane amount of money and just putting it into something that costs a lot to maintain, depreciates, and is only used for having a good time.”

Nobody pretends that a superyacht is a productive place to stash your wealth. In a column this spring headlined “ A SUPERYACHT IS A TERRIBLE ASSET ,” the Financial Times observed, “Owning a superyacht is like owning a stack of 10 Van Goghs, only you are holding them over your head as you tread water, trying to keep them dry.”

Not so long ago, status transactions among the élite were denominated in Old Masters and in the sculptures of the Italian Renaissance. Joseph Duveen, the dominant art dealer of the early twentieth century, kept the oligarchs of his day—Andrew Mellon, Jules Bache, J. P. Morgan—jockeying over Donatellos and Van Dycks. “When you pay high for the priceless,” he liked to say, “you’re getting it cheap.”

Man talking to woman who is holding a baby keeping the dog and another child entertained and cooking.

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In the nineteen-fifties, the height of aspirational style was fine French furniture—F.F.F., as it became known in certain precincts of Fifth Avenue and Palm Beach. Before long, more and more money was going airborne. Hugh Hefner, a pioneer in the private-jet era, decked out a plane he called Big Bunny, where he entertained Elvis Presley, Raquel Welch, and James Caan. The oil baron Armand Hammer circled the globe on his Boeing 727, paying bribes and recording evidence on microphones hidden in his cufflinks. But, once it seemed that every plutocrat had a plane, the thrill was gone.

In any case, an airplane is just transportation. A big ship is a floating manse, with a hierarchy written right into the nomenclature. If it has a crew working aboard, it’s a yacht. If it’s more than ninety-eight feet, it’s a superyacht. After that, definitions are debated, but people generally agree that anything more than two hundred and thirty feet is a megayacht, and more than two hundred and ninety-five is a gigayacht. The world contains about fifty-four hundred superyachts, and about a hundred gigayachts.

For the moment, a gigayacht is the most expensive item that our species has figured out how to own. In 2019, the hedge-fund billionaire Ken Griffin bought a quadruplex on Central Park South for two hundred and forty million dollars, the highest price ever paid for a home in America. In May, an unknown buyer spent about a hundred and ninety-five million on an Andy Warhol silk-screen portrait of Marilyn Monroe. In luxury-yacht terms, those are ordinary numbers. “There are a lot of boats in build well over two hundred and fifty million dollars,” Jamie Edmiston, a broker in Monaco and London, told me. His buyers are getting younger and more inclined to spend long stretches at sea. “High-speed Internet, telephony, modern communications have made working easier,” he said. “Plus, people made a lot more money earlier in life.”

A Silicon Valley C.E.O. told me that one appeal of boats is that they can “absorb the most excess capital.” He explained, “Rationally, it would seem to make sense for people to spend half a billion dollars on their house and then fifty million on the boat that they’re on for two weeks a year, right? But it’s gone the other way. People don’t want to live in a hundred-thousand-square-foot house. Optically, it’s weird. But a half-billion-dollar boat, actually, is quite nice.” Staluppi, of Palm Beach Gardens, is content to spend three or four times as much on his yachts as on his homes. Part of the appeal is flexibility. “If you’re on your boat and you don’t like your neighbor, you tell the captain, ‘Let’s go to a different place,’ ” he said. On land, escaping a bad neighbor requires more work: “You got to try and buy him out or make it uncomfortable or something.” The preference for sea-based investment has altered the proportions of taste. Until recently, the Silicon Valley C.E.O. said, “a fifty-metre boat was considered a good-sized boat. Now that would be a little bit embarrassing.” In the past twenty years, the length of the average luxury yacht has grown by a third, to a hundred and sixty feet.

Thorstein Veblen, the economist who published “The Theory of the Leisure Class,” in 1899, argued that the power of “conspicuous consumption” sprang not from artful finery but from sheer needlessness. “In order to be reputable,” he wrote, “it must be wasteful.” In the yachting world, stories circulate about exotic deliveries by helicopter or seaplane: Dom Pérignon, bagels from Zabar’s, sex workers, a rare melon from the island of Hokkaido. The industry excels at selling you things that you didn’t know you needed. When you flip through the yachting press, it’s easy to wonder how you’ve gone this long without a personal submarine, or a cryosauna that “blasts you with cold” down to minus one hundred and ten degrees Celsius, or the full menagerie of “exclusive leathers,” such as eel and stingray.

But these shrines to excess capital exist in a conditional state of visibility: they are meant to be unmistakable to a slender stratum of society—and all but unseen by everyone else. Even before Russia’s invasion of Ukraine, the yachting community was straining to manage its reputation as a gusher of carbon emissions (one well-stocked diesel yacht is estimated to produce as much greenhouse gas as fifteen hundred passenger cars), not to mention the fact that the world of white boats is overwhelmingly white. In a candid aside to a French documentarian, the American yachtsman Bill Duker said, “If the rest of the world learns what it’s like to live on a yacht like this, they’re gonna bring back the guillotine.” The Dutch press recently reported that Jeff Bezos, the founder of Amazon, was building a sailing yacht so tall that the city of Rotterdam might temporarily dismantle a bridge that had survived the Nazis in order to let the boat pass to the open sea. Rotterdammers were not pleased. On Facebook, a local man urged people to “take a box of rotten eggs with you and let’s throw them en masse at Jeff’s superyacht when it sails through.” At least thirteen thousand people expressed interest. Amid the uproar, a deputy mayor announced that the dismantling plan had been abandoned “for the time being.” (Bezos modelled his yacht partly on one owned by his friend Barry Diller, who has hosted him many times. The appreciation eventually extended to personnel, and Bezos hired one of Diller’s captains.)

As social media has heightened the scrutiny of extraordinary wealth, some of the very people who created those platforms have sought less observable places to spend it. But they occasionally indulge in some coded provocation. In 2006, when the venture capitalist Tom Perkins unveiled his boat in Istanbul, most passersby saw it adorned in colorful flags, but people who could read semaphore were able to make out a message: “Rarely does one have the privilege to witness vulgar ostentation displayed on such a scale.” As a longtime owner told me, “If you don’t have some guilt about it, you’re a rat.”

Alex Finley, a former C.I.A. officer who has seen yachts proliferate near her home in Barcelona, has weighed the superyacht era and its discontents in writings and on Twitter, using the hashtag #YachtWatch. “To me, the yachts are not just yachts,” she told me. “In Russia’s case, these are the embodiment of oligarchs helping a dictator destabilize our democracy while utilizing our democracy to their benefit.” But, Finley added, it’s a mistake to think the toxic symbolism applies only to Russia. “The yachts tell a whole story about a Faustian capitalism—this idea that we’re ready to sell democracy for short-term profit,” she said. “They’re registered offshore. They use every loophole that we’ve put in place for illicit money and tax havens. So they play a role in this battle, writ large, between autocracy and democracy.”

After a morning on the docks at the Palm Beach show, I headed to a more secluded marina nearby, which had been set aside for what an attendant called “the really big hardware.” It felt less like a trade show than like a boutique resort, with a swimming pool and a terrace restaurant. Kevin Merrigan, a relaxed Californian with horn-rimmed glasses and a high forehead pinked by the sun, was waiting for me at the stern of Unbridled, a superyacht with a brilliant blue hull that gave it the feel of a personal cruise ship. He invited me to the bridge deck, where a giant screen showed silent video of dolphins at play.

Merrigan is the chairman of the brokerage Northrop & Johnson, which has ridden the tide of growing boats and wealth since 1949. Lounging on a sofa mounded with throw pillows, he projected a nearly postcoital level of contentment. He had recently sold the boat we were on, accepted an offer for a behemoth beside us, and begun negotiating the sale of yet another. “This client owns three big yachts,” he said. “It’s a hobby for him. We’re at a hundred and ninety-one feet now, and last night he said, ‘You know, what do you think about getting a two hundred and fifty?’ ” Merrigan laughed. “And I was, like, ‘Can’t you just have dinner?’ ”

Among yacht owners, there are some unwritten rules of stratification: a Dutch-built boat will hold its value better than an Italian; a custom design will likely get more respect than a “series yacht”; and, if you want to disparage another man’s boat, say that it looks like a wedding cake. But, in the end, nothing says as much about a yacht, or its owner, as the delicate matter of L.O.A.—length over all.

The imperative is not usually length for length’s sake (though the longtime owner told me that at times there is an aspect of “phallic sizing”). “L.O.A.” is a byword for grandeur. In most cases, pleasure yachts are permitted to carry no more than twelve passengers, a rule set by the International Convention for the Safety of Life at Sea, which was conceived after the sinking of the Titanic. But those limits do not apply to crew. “So, you might have anything between twelve and fifty crew looking after those twelve guests,” Edmiston, the broker, said. “It’s a level of service you cannot really contemplate until you’ve been fortunate enough to experience it.”

As yachts have grown more capacious, and the limits on passengers have not, more and more space on board has been devoted to staff and to novelties. The latest fashions include IMAX theatres, hospital equipment that tests for dozens of pathogens, and ski rooms where guests can suit up for a helicopter trip to a mountaintop. The longtime owner, who had returned the previous day from his yacht, told me, “No one today—except for assholes and ridiculous people—lives on land in what you would call a deep and broad luxe life. Yes, people have nice houses and all of that, but it’s unlikely that the ratio of staff to them is what it is on a boat.” After a moment, he added, “Boats are the last place that I think you can get away with it.”

Even among the truly rich, there is a gap between the haves and the have-yachts. One boating guest told me about a conversation with a famous friend who keeps one of the world’s largest yachts. “He said, ‘The boat is the last vestige of what real wealth can do.’ What he meant is, You have a chef, and I have a chef. You have a driver, and I have a driver. You can fly privately, and I fly privately. So, the one place where I can make clear to the world that I am in a different fucking category than you is the boat.”

After Merrigan and I took a tour of Unbridled, he led me out to a waiting tender, staffed by a crew member with an earpiece on a coil. The tender, Merrigan said, would ferry me back to the busy main dock of the Palm Beach show. We bounced across the waves under a pristine sky, and pulled into the marina, where my fellow-gawkers were still trying to talk their way past the greeters. As I walked back into the scrum, Namasté was still there, but it looked smaller than I remembered.

For owners and their guests, a white boat provides a discreet marketplace for the exchange of trust, patronage, and validation. To diagram the precise workings of that trade—the customs and anxieties, strategies and slights—I talked to Brendan O’Shannassy, a veteran captain who is a curator of white-boat lore. Raised in Western Australia, O’Shannassy joined the Navy as a young man, and eventually found his way to skippering some of the world’s biggest yachts. He has worked for Paul Allen, the late co-founder of Microsoft, along with a few other billionaires he declines to name. Now in his early fifties, with patient green eyes and tufts of curly brown hair, O’Shannassy has had a vantage from which to monitor the social traffic. “It’s all gracious, and everyone’s kiss-kiss,” he said. “But there’s a lot going on in the background.”

O’Shannassy once worked for an owner who limited the number of newspapers on board, so that he could watch his guests wait and squirm. “It was a mind game amongst the billionaires. There were six couples, and three newspapers,” he said, adding, “They were ranking themselves constantly.” On some boats, O’Shannassy has found himself playing host in the awkward minutes after guests arrive. “A lot of them are savants, but some are very un-socially aware,” he said. “They need someone to be social and charming for them.” Once everyone settles in, O’Shannassy has learned, there is often a subtle shift, when a mogul or a politician or a pop star starts to loosen up in ways that are rarely possible on land. “Your security is relaxed—they’re not on your hip,” he said. “You’re not worried about paparazzi. So you’ve got all this extra space, both mental and physical.”

O’Shannassy has come to see big boats as a space where powerful “solar systems” converge and combine. “It is implicit in every interaction that their sharing of information will benefit both parties; it is an obsession with billionaires to do favours for each other. A referral, an introduction, an insight—it all matters,” he wrote in “Superyacht Captain,” a new memoir. A guest told O’Shannassy that, after a lavish display of hospitality, he finally understood the business case for buying a boat. “One deal secured on board will pay it all back many times over,” the guest said, “and it is pretty hard to say no after your kids have been hosted so well for a week.”

Take the case of David Geffen, the former music and film executive. He is long retired, but he hosts friends (and potential friends) on the four-hundred-and-fifty-four-foot Rising Sun, which has a double-height cinema, a spa and salon, and a staff of fifty-seven. In 2017, shortly after Barack and Michelle Obama departed the White House, they were photographed on Geffen’s boat in French Polynesia, accompanied by Bruce Springsteen, Oprah Winfrey, Tom Hanks, and Rita Wilson. For Geffen, the boat keeps him connected to the upper echelons of power. There are wealthier Americans, but not many of them have a boat so delectable that it can induce both a Democratic President and the workingman’s crooner to risk the aroma of hypocrisy.

The binding effect pays dividends for guests, too. Once people reach a certain level of fame, they tend to conclude that its greatest advantage is access. Spend a week at sea together, lingering over meals, observing one another floundering on a paddleboard, and you have something of value for years to come. Call to ask for an investment, an introduction, an internship for a wayward nephew, and you’ll at least get the call returned. It’s a mutually reinforcing circle of validation: she’s here, I’m here, we’re here.

But, if you want to get invited back, you are wise to remember your part of the bargain. If you work with movie stars, bring fresh gossip. If you’re on Wall Street, bring an insight or two. Don’t make the transaction obvious, but don’t forget why you’re there. “When I see the guest list,” O’Shannassy wrote, “I am aware, even if not all names are familiar, that all have been chosen for a purpose.”

For O’Shannassy, there is something comforting about the status anxieties of people who have everything. He recalled a visit to the Italian island of Sardinia, where his employer asked him for a tour of the boats nearby. Riding together on a tender, they passed one colossus after another, some twice the size of the owner’s superyacht. Eventually, the man cut the excursion short. “Take me back to my yacht, please,” he said. They motored in silence for a while. “There was a time when my yacht was the most beautiful in the bay,” he said at last. “How do I keep up with this new money?”

The summer season in the Mediterranean cranks up in May, when the really big hardware heads east from Florida and the Caribbean to escape the coming hurricanes, and reconvenes along the coasts of France, Italy, and Spain. At the center is the Principality of Monaco, the sun-washed tax haven that calls itself the “world’s capital of advanced yachting.” In Monaco, which is among the richest countries on earth, superyachts bob in the marina like bath toys.

The nearest hotel room at a price that would not get me fired was an Airbnb over the border with France. But an acquaintance put me on the phone with the Yacht Club de Monaco, a members-only establishment created by the late monarch His Serene Highness Prince Rainier III, whom the Web site describes as “a true visionary in every respect.” The club occasionally rents rooms—“cabins,” as they’re called—to visitors in town on yacht-related matters. Claudia Batthyany, the elegant director of special projects, showed me to my cabin and later explained that the club does not aspire to be a hotel. “We are an association ,” she said. “Otherwise, it becomes”—she gave a gentle wince—“not that exclusive.”

Inside my cabin, I quickly came to understand that I would never be fully satisfied anywhere else again. The space was silent and aromatically upscale, bathed in soft sunlight that swept through a wall of glass overlooking the water. If I was getting a sudden rush of the onboard experience, that was no accident. The clubhouse was designed by the British architect Lord Norman Foster to evoke the opulent indulgence of ocean liners of the interwar years, like the Queen Mary. I found a handwritten welcome note, on embossed club stationery, set alongside an orchid and an assemblage of chocolate truffles: “The whole team remains at your entire disposal to make your stay a wonderful experience. Yours sincerely, Service Members.” I saluted the nameless Service Members, toiling for the comfort of their guests. Looking out at the water, I thought, intrusively, of a line from Santiago, Hemingway’s old man of the sea. “Do not think about sin,” he told himself. “It is much too late for that and there are people who are paid to do it.”

I had been assured that the Service Members would cheerfully bring dinner, as they might on board, but I was eager to see more of my surroundings. I consulted the club’s summer dress code. It called for white trousers and a blue blazer, and it discouraged improvisation: “No pocket handkerchief is to be worn above the top breast-pocket bearing the Club’s coat of arms.” The handkerchief rule seemed navigable, but I did not possess white trousers, so I skirted the lobby and took refuge in the bar. At a table behind me, a man with flushed cheeks and a British accent had a head start. “You’re a shitty negotiator,” he told another man, with a laugh. “Maybe sales is not your game.” A few seats away, an American woman was explaining to a foreign friend how to talk with conservatives: “If they say, ‘The earth is flat,’ you say, ‘Well, I’ve sailed around it, so I’m not so sure about that.’ ”

In the morning, I had an appointment for coffee with Gaëlle Tallarida, the managing director of the Monaco Yacht Show, which the Daily Mail has called the “most shamelessly ostentatious display of yachts in the world.” Tallarida was not born to that milieu; she grew up on the French side of the border, swimming at public beaches with a view of boats sailing from the marina. But she had a knack for highly organized spectacle. While getting a business degree, she worked on a student theatre festival and found it thrilling. Afterward, she got a job in corporate events, and in 1998 she was hired at the yacht show as a trainee.

With this year’s show five months off, Tallarida was already getting calls about what she described as “the most complex part of my work”: deciding which owners get the most desirable spots in the marina. “As you can imagine, they’ve got very big egos,” she said. “On top of that, I’m a woman. They are sometimes arriving and saying”—she pointed into the distance, pantomiming a decree—“ ‘O.K., I want that! ’ ”

Just about everyone wants his superyacht to be viewed from the side, so that its full splendor is visible. Most harbors, however, have a limited number of berths with a side view; in Monaco, there are only twelve, with prime spots arrayed along a concrete dike across from the club. “We reserve the dike for the biggest yachts,” Tallarida said. But try telling that to a man who blew his fortune on a small superyacht.

Whenever possible, Tallarida presents her verdicts as a matter of safety: the layout must insure that “in case of an emergency, any boat can go out.” If owners insist on preferential placement, she encourages a yachting version of the Golden Rule: “What if, next year, I do that to you? Against you?”

Does that work? I asked. She shrugged. “They say, ‘Eh.’ ” Some would gladly risk being a victim next year in order to be a victor now. In the most awful moment of her career, she said, a man who was unhappy with his berth berated her face to face. “I was in the office, feeling like a little girl, with my daddy shouting at me. I said, ‘O.K., O.K., I’m going to give you the spot.’ ”

Securing just the right place, it must be said, carries value. Back at the yacht club, I was on my terrace, enjoying the latest delivery by the Service Members—an airy French omelette and a glass of preternaturally fresh orange juice. I thought guiltily of my wife, at home with our kids, who had sent a text overnight alerting me to a maintenance issue that she described as “a toilet debacle.”

Then I was distracted by the sight of a man on a yacht in the marina below. He was staring up at me. I went back to my brunch, but, when I looked again, there he was—a middle-aged man, on a mid-tier yacht, juiceless, on a greige banquette, staring up at my perfect terrace. A surprising sensation started in my chest and moved outward like a warm glow: the unmistakable pang of superiority.

That afternoon, I made my way to the bar, to meet the yacht club’s general secretary, Bernard d’Alessandri, for a history lesson. The general secretary was up to code: white trousers, blue blazer, club crest over the heart. He has silver hair, black eyebrows, and a tan that evokes high-end leather. “I was a sailing teacher before this,” he said, and gestured toward the marina. “It was not like this. It was a village.”

Before there were yacht clubs, there were jachten , from the Dutch word for “hunt.” In the seventeenth century, wealthy residents of Amsterdam created fast-moving boats to meet incoming cargo ships before they hit port, in order to check out the merchandise. Soon, the Dutch owners were racing one another, and yachting spread across Europe. After a visit to Holland in 1697, Peter the Great returned to Russia with a zeal for pleasure craft, and he later opened Nevsky Flot, one of the world’s first yacht clubs, in St. Petersburg.

For a while, many of the biggest yachts were symbols of state power. In 1863, the viceroy of Egypt, Isma’il Pasha, ordered up a steel leviathan called El Mahrousa, which was the world’s longest yacht for a remarkable hundred and nineteen years, until the title was claimed by King Fahd of Saudi Arabia. In the United States, Franklin Delano Roosevelt received guests aboard the U.S.S. Potomac, which had a false smokestack containing a hidden elevator, so that the President could move by wheelchair between decks.

But yachts were finding new patrons outside politics. In 1954, the Greek shipping baron Aristotle Onassis bought a Canadian Navy frigate and spent four million dollars turning it into Christina O, which served as his home for months on end—and, at various times, as a home to his companions Maria Callas, Greta Garbo, and Jacqueline Kennedy. Christina O had its flourishes—a Renoir in the master suite, a swimming pool with a mosaic bottom that rose to become a dance floor—but none were more distinctive than the appointments in the bar, which included whales’ teeth carved into pornographic scenes from the Odyssey and stools upholstered in whale foreskins.

For Onassis, the extraordinary investments in Christina O were part of an epic tit for tat with his archrival, Stavros Niarchos, a fellow shipping tycoon, which was so entrenched that it continued even after Onassis’s death, in 1975. Six years later, Niarchos launched a yacht fifty-five feet longer than Christina O: Atlantis II, which featured a swimming pool on a gyroscope so that the water would not slosh in heavy seas. Atlantis II, now moored in Monaco, sat before the general secretary and me as we talked.

Over the years, d’Alessandri had watched waves of new buyers arrive from one industry after another. “First, it was the oil. After, it was the telecommunications. Now, they are making money with crypto,” he said. “And, each time, it’s another size of the boat, another design.” What began as symbols of state power had come to represent more diffuse aristocracies—the fortunes built on carbon, capital, and data that migrated across borders. As early as 1908, the English writer G. K. Chesterton wondered what the big boats foretold of a nation’s fabric. “The poor man really has a stake in the country,” he wrote. “The rich man hasn’t; he can go away to New Guinea in a yacht.”

Each iteration of fortune left its imprint on the industry. Sheikhs, who tend to cruise in the world’s hottest places, wanted baroque indoor spaces and were uninterested in sundecks. Silicon Valley favored acres of beige, more Sonoma than Saudi. And buyers from Eastern Europe became so abundant that shipyards perfected the onboard banya , a traditional Russian sauna stocked with birch and eucalyptus. The collapse of the Soviet Union, in 1991, had minted a generation of new billionaires, whose approach to money inspired a popular Russian joke: One oligarch brags to another, “Look at this new tie. It cost me two hundred bucks!” To which the other replies, “You moron. You could’ve bought the same one for a thousand!”

In 1998, around the time that the Russian economy imploded, the young tycoon Roman Abramovich reportedly bought a secondhand yacht called Sussurro—Italian for “whisper”—which had been so carefully engineered for speed that each individual screw was weighed before installation. Soon, Russians were competing to own the costliest ships. “If the most expensive yacht in the world was small, they would still want it,” Maria Pevchikh, a Russian investigator who helps lead the Anti-Corruption Foundation, told me.

In 2008, a thirty-six-year-old industrialist named Andrey Melnichenko spent some three hundred million dollars on Motor Yacht A, a radical experiment conceived by the French designer Philippe Starck, with a dagger-shaped hull and a bulbous tower topped by a master bedroom set on a turntable that pivots to capture the best view. The shape was ridiculed as “a giant finger pointing at you” and “one of the most hideous vessels ever to sail,” but it marked a new prominence for Russian money at sea. Today, post-Soviet élites are thought to own a fifth of the world’s gigayachts.

Even Putin has signalled his appreciation, being photographed on yachts in the Black Sea resort of Sochi. In an explosive report in 2012, Boris Nemtsov, a former Deputy Prime Minister, accused Putin of amassing a storehouse of outrageous luxuries, including four yachts, twenty homes, and dozens of private aircraft. Less than three years later, Nemtsov was fatally shot while crossing a bridge near the Kremlin. The Russian government, which officially reports that Putin collects a salary of about a hundred and forty thousand dollars and possesses a modest apartment in Moscow, denied any involvement.

Many of the largest, most flamboyant gigayachts are designed in Monaco, at a sleek waterfront studio occupied by the naval architect Espen Øino. At sixty, Øino has a boyish mop and the mild countenance of a country parson. He grew up in a small town in Norway, the heir to a humble maritime tradition. “My forefathers built wooden rowing boats for four generations,” he told me. In the late eighties, he was designing sailboats when his firm won a commission to design a megayacht for Emilio Azcárraga, the autocratic Mexican who built Televisa into the world’s largest Spanish-language broadcaster. Azcárraga was nicknamed El Tigre, for his streak of white hair and his comfort with confrontation; he kept a chair in his office that was unusually high off the ground, so that visitors’ feet dangled like children’s.

In early meetings, Øino recalled, Azcárraga grew frustrated that the ideas were not dazzling enough. “You must understand,” he said. “I don’t go to port very often with my boats, but, when I do, I want my presence to be felt.”

The final design was suitably arresting; after the boat was completed, Øino had no shortage of commissions. In 1998, he was approached by Paul Allen, of Microsoft, to build a yacht that opened the way for the Goliaths that followed. The result, called Octopus, was so large that it contained a submarine marina in its belly, as well as a helicopter hangar that could be converted into an outdoor performance space. Mick Jagger and Bono played on occasion. I asked Øino why owners obsessed with secrecy seem determined to build the world’s most conspicuous machines. He compared it to a luxury car with tinted windows. “People can’t see you, but you’re still in that expensive, impressive thing,” he said. “We all need to feel that we’re important in one way or another.”

Two people standing on city sidewalk on hot summer day.

In recent months, Øino has seen some of his creations detained by governments in the sanctions campaign. When we spoke, he condemned the news coverage. “Yacht equals Russian equals evil equals money,” he said disdainfully. “It’s a bit tragic, because the yachts have become synonymous with the bad guys in a James Bond movie.”

What about Scheherazade, the giant yacht that U.S. officials have alleged is held by a Russian businessman for Putin’s use? Øino, who designed the ship, rejected the idea. “We have designed two yachts for heads of state, and I can tell you that they’re completely different, in terms of the layout and everything, from Scheherazade.” He meant that the details said plutocrat, not autocrat.

For the time being, Scheherazade and other Øino creations under detention across Europe have entered a strange legal purgatory. As lawyers for the owners battle to keep the ships from being permanently confiscated, local governments are duty-bound to maintain them until a resolution is reached. In a comment recorded by a hot mike in June, Jake Sullivan, the U.S. national-security adviser, marvelled that “people are basically being paid to maintain Russian superyachts on behalf of the United States government.” (It usually costs about ten per cent of a yacht’s construction price to keep it afloat each year. In May, officials in Fiji complained that a detained yacht was costing them more than a hundred and seventy-one thousand dollars a day.)

Stranger still are the Russian yachts on the lam. Among them is Melnichenko’s much maligned Motor Yacht A. On March 9th, Melnichenko was sanctioned by the European Union, and although he denied having close ties to Russia’s leadership, Italy seized one of his yachts—a six-hundred-million-dollar sailboat. But Motor Yacht A slipped away before anyone could grab it. Then the boat turned off the transponder required by international maritime rules, so that its location could no longer be tracked. The last ping was somewhere near the Maldives, before it went dark on the high seas.

The very largest yachts come from Dutch and German shipyards, which have experience in naval vessels, known as “gray boats.” But the majority of superyachts are built in Italy, partly because owners prefer to visit the Mediterranean during construction. (A British designer advises those who are weighing their choices to take the geography seriously, “unless you like schnitzel.”)

In the past twenty-two years, nobody has built more superyachts than the Vitellis, an Italian family whose patriarch, Paolo Vitelli, got his start in the seventies, manufacturing smaller boats near a lake in the mountains. By 1985, their company, Azimut, had grown large enough to buy the Benetti shipyards, which had been building enormous yachts since the nineteenth century. Today, the combined company builds its largest boats near the sea, but the family still works in the hill town of Avigliana, where a medieval monastery towers above a valley. When I visited in April, Giovanna Vitelli, the vice-president and the founder’s daughter, led me through the experience of customizing a yacht.

“We’re using more and more virtual reality,” she said, and a staffer fitted me with a headset. When the screen blinked on, I was inside a 3-D mockup of a yacht that is not yet on the market. I wandered around my suite for a while, checking out swivel chairs, a modish sideboard, blond wood panelling on the walls. It was convincing enough that I collided with a real-life desk.

After we finished with the headset, it was time to pick the décor. The industry encourages an introspective evaluation: What do you want your yacht to say about you? I was handed a vibrant selection of wood, marble, leather, and carpet. The choices felt suddenly grave. Was I cut out for the chiselled look of Cream Vesuvio, or should I accept that I’m a gray Cardoso Stone? For carpets, I liked the idea of Chablis Corn White—Paris and the prairie, together at last. But, for extra seating, was it worth splurging for the V.I.P. Vanity Pouf?

Some designs revolve around a single piece of art. The most expensive painting ever sold, Leonardo da Vinci’s “Salvator Mundi,” reportedly was hung on the Saudi crown prince Mohammed bin Salman’s four-hundred-and-thirty-nine-foot yacht Serene, after the Louvre rejected a Saudi demand that it hang next to the “Mona Lisa.” Art conservators blanched at the risks that excess humidity and fluctuating temperatures could pose to a five-hundred-year-old painting. Often, collectors who want to display masterpieces at sea commission replicas.

If you’ve just put half a billion dollars into a boat, you may have qualms about the truism that material things bring less happiness than experiences do. But this, too, can be finessed. Andrew Grant Super, a co-founder of the “experiential yachting” firm Berkeley Rand, told me that he served a uniquely overstimulated clientele: “We call them the bored billionaires.” He outlined a few of his experience products. “We can plot half of the Pacific Ocean with coördinates, to map out the Battle of Midway,” he said. “We re-create the full-blown battles of the giant ships from America and Japan. The kids have haptic guns and haptic vests. We put the smell of cordite and cannon fire on board, pumping around them.” For those who aren’t soothed by the scent of cordite, Super offered an alternative. “We fly 3-D-printed, architectural freestanding restaurants into the middle of the Maldives, on a sand shelf that can only last another eight hours before it disappears.”

For some, the thrill lies in the engineering. Staluppi, born in Brooklyn, was an auto mechanic who had no experience with the sea until his boss asked him to soup up a boat. “I took the six-cylinder engines out and put V-8 engines in,” he recalled. Once he started commissioning boats of his own, he built scale models to conduct tests in water tanks. “I knew I could never have the biggest boat in the world, so I says, ‘You know what? I want to build the fastest yacht in the world.’ The Aga Khan had the fastest yacht, and we just blew right by him.”

In Italy, after decking out my notional yacht, I headed south along the coast, to Tuscan shipyards that have evolved with each turn in the country’s history. Close to the Carrara quarries, which yielded the marble that Michelangelo turned into David, ships were constructed in the nineteenth century, to transport giant blocks of stone. Down the coast, the yards in Livorno made warships under the Fascists, until they were bombed by the Allies. Later, they began making and refitting luxury yachts. Inside the front gate of a Benetti shipyard in Livorno, a set of models depicted the firm’s famous modern creations. Most notable was the megayacht Nabila, built in 1980 for the high-living arms dealer Adnan Khashoggi, with a hundred rooms and a disco that was the site of legendary decadence. (Khashoggi’s budget for prostitution was so extravagant that a French prosecutor later estimated he paid at least half a million dollars to a single madam in a single year.)

In 1987, shortly before Khashoggi was indicted for mail fraud and obstruction of justice (he was eventually acquitted), the yacht was sold to the real-estate developer Donald Trump, who renamed it Trump Princess. Trump was never comfortable on a boat—“Couldn’t get off fast enough,” he once said—but he liked to impress people with his yacht’s splendor. In 1991, while three billion dollars in debt, Trump ceded the vessel to creditors. Later in life, though, he discovered enthusiastic support among what he called “our beautiful boaters,” and he came to see quality watercraft as a mark of virtue—a way of beating the so-called élite. “We got better houses, apartments, we got nicer boats, we’re smarter than they are,” he told a crowd in Fargo, North Dakota. “Let’s call ourselves, from now on, the super-élite.”

In the age of oversharing, yachts are a final sanctum of secrecy, even for some of the world’s most inveterate talkers. Oprah, after returning from her sojourn with the Obamas, rebuffed questions from reporters. “What happens on the boat stays on the boat,” she said. “We talked, and everybody else did a lot of paddleboarding.”

I interviewed six American superyacht owners at length, and almost all insisted on anonymity or held forth with stupefying blandness. “Great family time,” one said. Another confessed, “It’s really hard to talk about it without being ridiculed.” None needed to be reminded of David Geffen’s misadventure during the early weeks of the pandemic, when he Instagrammed a photo of his yacht in the Grenadines and posted that he was “avoiding the virus” and “hoping everybody is staying safe.” It drew thousands of responses, many marked #EatTheRich, others summoning a range of nautical menaces: “At least the pirates have his location now.”

The yachts extend a tradition of seclusion as the ultimate luxury. The Medici, in sixteenth-century Florence, built elevated passageways, or corridoi , high over the city to escape what a scholar called the “clash of classes, the randomness, the smells and confusions” of pedestrian life below. More recently, owners of prized town houses in London have headed in the other direction, building three-story basements so vast that their construction can require mining engineers—a trend that researchers in the United Kingdom named “luxified troglodytism.”

Water conveys a particular autonomy, whether it’s ringing the foot of a castle or separating a private island from the mainland. Peter Thiel, the billionaire venture capitalist, gave startup funding to the Seasteading Institute, a nonprofit group co-founded by Milton Friedman’s grandson, which seeks to create floating mini-states—an endeavor that Thiel considered part of his libertarian project to “escape from politics in all its forms.” Until that fantasy is realized, a white boat can provide a start. A recent feature in Boat International , a glossy trade magazine, noted that the new hundred-and-twenty-five-million-dollar megayacht Victorious has four generators and “six months’ autonomy” at sea. The builder, Vural Ak, explained, “In case of emergency, god forbid, you can live in open water without going to shore and keep your food stored, make your water from the sea.”

Much of the time, superyachts dwell beyond the reach of ordinary law enforcement. They cruise in international waters, and, when they dock, local cops tend to give them a wide berth; the boats often have private security, and their owners may well be friends with the Prime Minister. According to leaked documents known as the Paradise Papers, handlers proposed that the Saudi crown prince take delivery of a four-hundred-and-twenty-million-dollar yacht in “international waters in the western Mediterranean,” where the sale could avoid taxes.

Builders and designers rarely advertise beyond the trade press, and they scrupulously avoid leaks. At Lürssen, a German shipbuilding firm, projects are described internally strictly by reference number and code name. “We are not in the business for the glory,” Peter Lürssen, the C.E.O., told a reporter. The closest thing to an encyclopedia of yacht ownership is a site called SuperYachtFan, run by a longtime researcher who identifies himself only as Peter, with a disclaimer that he relies partly on “rumors” but makes efforts to confirm them. In an e-mail, he told me that he studies shell companies, navigation routes, paparazzi photos, and local media in various languages to maintain a database with more than thirteen hundred supposed owners. Some ask him to remove their names, but he thinks that members of that economic echelon should regard the attention as a “fact of life.”

To work in the industry, staff must adhere to the culture of secrecy, often enforced by N.D.A.s. On one yacht, O’Shannassy, the captain, learned to communicate in code with the helicopter pilot who regularly flew the owner from Switzerland to the Mediterranean. Before takeoff, the pilot would call with a cryptic report on whether the party included the presence of a Pomeranian. If any guest happened to overhear, their cover story was that a customs declaration required details about pets. In fact, the lapdog was a constant companion of the owner’s wife; if the Pomeranian was in the helicopter, so was she. “If no dog was in the helicopter,” O’Shannassy recalled, the owner was bringing “somebody else.” It was the captain’s duty to rebroadcast the news across the yacht’s internal radio: “Helicopter launched, no dog, I repeat no dog today”—the signal for the crew to ready the main cabin for the mistress, instead of the wife. They swapped out dresses, family photos, bathroom supplies, favored drinks in the fridge. On one occasion, the code got garbled, and the helicopter landed with an unanticipated Pomeranian. Afterward, the owner summoned O’Shannassy and said, “Brendan, I hope you never have such a situation, but if you do I recommend making sure the correct dresses are hanging when your wife comes into your room.”

In the hierarchy on board a yacht, the most delicate duties tend to trickle down to the least powerful. Yacht crew—yachties, as they’re known—trade manual labor and obedience for cash and adventure. On a well-staffed boat, the “interior team” operates at a forensic level of detail: they’ll use Q-tips to polish the rim of your toilet, tweezers to lift your fried-chicken crumbs from the teak, a toothbrush to clean the treads of your staircase.

Many are English-speaking twentysomethings, who find work by doing the “dock walk,” passing out résumés at marinas. The deals can be alluring: thirty-five hundred dollars a month for deckhands; fifty thousand dollars in tips for a decent summer in the Med. For captains, the size of the boat matters—they tend to earn about a thousand dollars per foot per year.

Yachties are an attractive lot, a community of the toned and chipper, which does not happen by chance; their résumés circulate with head shots. Before Andy Cohen was a talk-show host, he was the head of production and development at Bravo, where he green-lighted a reality show about a yacht crew: “It’s a total pressure cooker, and they’re actually living together while they’re working. Oh, and by the way, half of them are having sex with each other. What’s not going to be a hit about that?” The result, the gleefully seamy “Below Deck,” has been among the network’s top-rated shows for nearly a decade.

Billboard that resembles on for an injury lawyer but is actually of a woman saying I told you so.

To stay in the business, captains and crew must absorb varying degrees of petty tyranny. An owner once gave O’Shannassy “a verbal beating” for failing to negotiate a lower price on champagne flutes etched with the yacht’s logo. In such moments, the captain responds with a deferential mantra: “There is no excuse. Your instruction was clear. I can only endeavor to make it better for next time.”

The job comes with perilously little protection. A big yacht is effectively a corporation with a rigid hierarchy and no H.R. department. In recent years, the industry has fielded increasingly outspoken complaints about sexual abuse, toxic impunity, and a disregard for mental health. A 2018 survey by the International Seafarers’ Welfare and Assistance Network found that more than half of the women who work as yacht crew had experienced harassment, discrimination, or bullying on board. More than four-fifths of the men and women surveyed reported low morale.

Karine Rayson worked on yachts for four years, rising to the position of “chief stew,” or stewardess. Eventually, she found herself “thinking of business ideas while vacuuming,” and tiring of the culture of entitlement. She recalled an episode in the Maldives when “a guest took a Jet Ski and smashed into a marine reserve. That damaged the coral, and broke his Jet Ski, so he had to clamber over the rocks and find his way to the shore. It was a private hotel, and the security got him and said, ‘Look, there’s a large fine, you have to pay.’ He said, ‘Don’t worry, the boat will pay for it.’ ” Rayson went back to school and became a psychotherapist. After a period of counselling inmates in maximum-security prisons, she now works with yacht crew, who meet with her online from around the world.

Rayson’s clients report a range of scenarios beyond the boundaries of ordinary employment: guests who did so much cocaine that they had no appetite for a chef’s meals; armed men who raided a boat offshore and threatened to take crew members to another country; owners who vowed that if a young stew told anyone about abuse she suffered on board they’d call in the Mafia and “skin me alive.” Bound by N.D.A.s, crew at sea have little recourse.“We were paranoid that our e-mails were being reviewed, or we were getting bugged,” Rayson said.

She runs an “exit strategy” course to help crew find jobs when they’re back on land. The adjustment isn’t easy, she said: “You’re getting paid good money to clean a toilet. So, when you take your C.V. to land-based employers, they might question your skill set.” Despite the stresses of yachting work, Rayson said, “a lot of them struggle with integration into land-based life, because they have all their bills paid for them, so they don’t pay for food. They don’t pay for rent. It’s a huge shock.”

It doesn’t take long at sea to learn that nothing is too rich to rust. The ocean air tarnishes metal ten times as fast as on land; saltwater infiltrates from below. Left untouched, a single corroding ulcer will puncture tanks, seize a motor, even collapse a hull. There are tricks, of course—shield sensitive parts with resin, have your staff buff away blemishes—but you can insulate a machine from its surroundings for only so long.

Hang around the superyacht world for a while and you see the metaphor everywhere. Four months after Putin’s invasion of Ukraine, the war had eaten a hole in his myths of competence. The Western campaign to isolate him and his oligarchs was proving more durable than most had predicted. Even if the seizures of yachts were mired in legal disputes, Finley, the former C.I.A. officer, saw them as a vital “pressure point.” She said, “The oligarchs supported Putin because he provided stable authoritarianism, and he can no longer guarantee that stability. And that’s when you start to have cracks.”

For all its profits from Russian clients, the yachting industry was unsentimental. Brokers stripped photos of Russian yachts from their Web sites; Lürssen, the German builder, sent questionnaires to clients asking who, exactly, they were. Business was roaring, and, if some Russians were cast out of the have-yachts, other buyers would replace them.

On a cloudless morning in Viareggio, a Tuscan town that builds almost a fifth of the world’s superyachts, a family of first-time owners from Tel Aviv made the final, fraught preparations. Down by the docks, their new boat was suspended above the water on slings, ready to be lowered for its official launch. The scene was set for a ceremony: white flags in the wind, a plexiglass lectern. It felt like the obverse of the dockside scrum at the Palm Beach show; by this point in the buying process, nobody was getting vetted through binoculars. Waitresses handed out glasses of wine. The yacht venders were in suits, but the new owners were in upscale Euro casual: untucked linen, tight jeans, twelve-hundred-dollar Prada sneakers. The family declined to speak to me (and the company declined to identify them). They had come asking for a smaller boat, but the sales staff had talked them up to a hundred and eleven feet. The Victorians would have been impressed.

The C.E.O. of Azimut Benetti, Marco Valle, was in a buoyant mood. “Sun. Breeze. Perfect day to launch a boat, right?” he told the owners. He applauded them for taking the “first step up the big staircase.” The selling of the next vessel had already begun.

Hanging aloft, their yacht looked like an artifact in the making; it was easy to imagine a future civilization sifting the sediment and discovering that an earlier society had engaged in a building spree of sumptuous arks, with accommodations for dozens of servants but only a few lucky passengers, plus the occasional Pomeranian.

We approached the hull, where a bottle of spumante hung from a ribbon in Italian colors. Two members of the family pulled back the bottle and slung it against the yacht. It bounced off and failed to shatter. “Oh, that’s bad luck,” a woman murmured beside me. Tales of that unhappy omen abound. In one memorable case, the bottle failed to break on Zaca, a schooner that belonged to Errol Flynn. In the years that followed, the crew mutinied and the boat sank; after being re-floated, it became the setting for Flynn’s descent into cocaine, alcohol, orgies, and drug smuggling. When Flynn died, new owners brought in an archdeacon for an onboard exorcism.

In the present case, the bottle broke on the second hit, and confetti rained down. As the family crowded around their yacht for photos, I asked Valle, the C.E.O., about the shortage of new boats. “Twenty-six years I’ve been in the nautical business—never been like this,” he said. He couldn’t hire enough welders and carpenters. “I don’t know for how long it will last, but we’ll try to get the profits right now.”

Whatever comes, the white-boat world is preparing to insure future profits, too. In recent years, big builders and brokers have sponsored a rebranding campaign dedicated to “improving the perception of superyachting.” (Among its recommendations: fewer ads with girls in bikinis and high heels.) The goal is partly to defuse #EatTheRich, but mostly it is to soothe skittish buyers. Even the dramatic increase in yacht ownership has not kept up with forecasts of the global growth in billionaires—a disparity that represents the “one dark cloud we can see on the horizon,” as Øino, the naval architect, said during an industry talk in Norway. He warned his colleagues that they needed to reach those “potential yacht owners who, for some reason, have decided not to step up to the plate.”

But, to a certain kind of yacht buyer, even aggressive scrutiny can feel like an advertisement—a reminder that, with enough access and cash, you can ride out almost any storm. In April, weeks after the fugitive Motor Yacht A went silent, it was rediscovered in physical form, buffed to a shine and moored along a creek in the United Arab Emirates. The owner, Melnichenko, had been sanctioned by the E.U., Switzerland, Australia, and the U.K. Yet the Emirates had rejected requests to join those sanctions and had become a favored wartime haven for Russian money. Motor Yacht A was once again arrayed in almost plain sight, like semaphore flags in the wind. ♦

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2024 world yacht trophies awards campaign.

September 16, 2024

The spectacular Ocean 156 wins ‘Best Innovation’ in the 80′ to 98′ category!

The Ocean 156, an 80-foot luxury yacht, represents a culmination of Sunseeker’s commitment to technical prowess and refinement. This beautiful yacht showcases the finest in advanced materials, new technologies, and a bespoke design that promises a novel boating experience for its owners

The World Yachts Trophies recognizes the best motor yachts launched this year. Sunseeker, alongside Sunseeker London Group, were presented with the trophies during a spectacular awards ceremony that welcomed the world’s leading industry professionals to the bay of Cannes.

SUNSEEKER SPECIFIC FACTS ABOUT THEIR HISTORY AT THE WORLD YACHT TROPHIES

this is the 4th year in a row Sunseeker has won an award at the World Yacht Trophies
this is the 7th award Sunseeker has won at the World Yacht Trophies since 2021
the finalists up against the Ocean 156 this year were the Astondoa Ax8 & Numarine 30XP (this is a big deal because the Numarine 30XP is a WILDLY popular boat that Alex Clarke over at Denison sells a ton of, but our Ocean 156 still came out on top as the award winner)
The all-new Sunseeker Predator 55 was also nominated as a finalist in the Best Interior Design 13.7-19.5m category.

Previous awards include:

Superhawk 55 (2023)
65 Sport Yacht (2021) Best Exterior Design 18.5-24m
Ocean 156 (2024) Best Innovation 24-30m
88 Yacht (2021) Best Exterior Design 24-30m
90 Ocean (2021) Best Layout 24-30m
Ocean 182 (2023) Best Layout 30-50m – this one is especially impressive as this boat is only 92ft and was competing against 100-150ft boats for best layout.
100 Yacht (2022) Best Exterior Design

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British tech magnate Mike Lynch, 2 US citizens among missing after luxury yacht sinks off Sicily

15 people were rescued and one body believed to be the cook was found near the wreck, but six others were unaccounted for and believed inside the hull, by andrea rosa and nicole winfield | the associated press • published august 19, 2024 • updated on august 19, 2024 at 6:21 pm.

British tech magnate Mike Lynch and five other people were missing after their luxury sailing yacht sank during a freak storm off Sicily early Monday, Italy’s civil protection and authorities said. Lynch’s wife and 14 other people survived.

Lynch, who was acquitted in June in a big U.S. fraud trial, was among six people who remain unaccounted for after their chartered sailboat sank off Porticello, when a tornado over the water known as a waterspout struck the area overnight, said Salvo Cocina of Sicily’s civil protection agency.

One body was recovered, and police divers spent the day trying to reach the hull of the ship, which was resting at a depth of 50 meters (163 feet) off Porticello where it had been anchored, rescue authorities said. They returned to the site after 10 p.m. to see if it would be possible to search through the night, when weather conditions were expected to worsen, said Luca Cari, spokesman of the fire rescue service.

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It had a crew of 10 people and 12 passengers, the Italian coast guard said. A sudden fierce storm had battered the area overnight, and struck the place precisely where the 56-meter (184-foot) British-flagged Bayesian had been moored.

“They were in the wrong place at the wrong time,” said Cocina, noting that another superyacht nearby wasn't as badly damaged and helped rescue some of the 15 survivors, who included Lynch's wife Angela Bacares.

The Bayesian was notable for its single 75-meter (246-feet) mast — one of the world’s tallest made of aluminum and which was lit up at night, just hours before it sank. Online charter sites listed it for rent for up to 195,000 euros (about $215,000) a week.

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One of the survivors, identified as Charlotte Golunski, said she momentarily lost hold of her 1-year-old daughter Sofia in the water, but then managed to hold her up over the waves until a lifeboat inflated and they were both pulled to safety, Italian news agency ANSA reported, quoting the mother. The father, James Emsley, also survived, said Cocina.

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Karsten Borner, the captain of the Sir Robert Baden Powell, said he had noticed the Bayesian nearby during the storm but after it calmed he saw a red flare and realized the ship had simply disappeared, ANSA and the Giornale di Sicilia newspaper reported. Borner said he and a crew member boarded their tender and found a lifeboat with 15 people, some of them injured, who they then took aboard and alerted the coast guard.

Eight of those rescued were hospitalized while the others were taken to a hotel. One body believed to be the cook was found near the wreck, but six others were unaccounted for and believed inside the hull, said Cari, the fire rescue spokesperson. The rescue operations, which were visible from shore, involved helicopters and rescue boats from the coast guard, fire rescue and civil protection service.

#Palermo , naufragio imbarcazione a Porticello: recuperato dai #sommozzatori dei #vigilidelfuoco il corpo senza vita di un uomo, all’esterno del relitto. Proseguono le operazioni di ricerca con il coordinamento in mare della @guardiacostiera [ #19agosto 11:30] pic.twitter.com/Y2m9o5ohCe — Vigili del Fuoco (@vigilidelfuoco) August 19, 2024

Fisherman Francesco Cefalu’ said he had seen a flare from shore at around 4:30 a.m. and immediately set out to the site but by the time he got there, the Bayesian had already sunk, with only cushions, wood and other items from the superyacht floating in the water.

“But for the rest, we didn’t find anyone,” he said from the port hours later. He said that he immediately alerted the coast guard and stayed on site for three hours, but didn't find any survivors. “I think they are inside, all the missing people.”

He said he had been up early to check the weather to see if he could go fishing, and surmised that a sudden waterspout had struck the yacht.

“It could be that the mast broke, or the anchor at the prow pulled it, I don’t know,” he said.

Cocina said the crew and passengers hailed from a variety of countries: In addition to Britain and the United States, passengers and crew were from Antigua, France, Germany, Ireland, Myanmar, the Netherlands, New Zealand and Spain, he said.

Among the dead and missing, four were British, two were American, and one was a man with dual citizenship from Canada and Antigua, according to Luciano Pischedda, the Italian Coast Guard official overseeing the rescue operations.

The UK Marine Accident Investigation Branch is deploying a team of four inspectors to Italy to conduct a preliminary assessment. The Foreign Commonwealth and Development office said it was “providing consular support to a number of British nationals and their families.”

Dutch foreign ministry spokesperson Casper Soetekouw said the lone Dutch citizen on board, a man, had been rescued and was not in life-threatening condition.

Lynch, once hailed as Britain’s king of technology, was cleared in June of fraud and conspiracy charges related to Hewlett Packard’s $11 billion takeover of his company, Autonomy Corp.

The not-guilty verdicts followed an 11-week criminal trial in San Francisco that delved into the history of HP’s 2011 acquisition of Autonomy, a business software firm founded by Lynch.

The fraud accusations represented a dramatic turn in the fortunes of an entrepreneur once described as the Bill Gates of Britain — a title he seemed to live up to when he netted an $800 million from the Autonomy sale.

The acquittal vindicated Lynch, who had vehemently denied wrong doing and portrayed HP as a technological train wreck.

“I’m looking forward to returning the UK and getting back to what I love most: my family and innovating in my field,” Lynch said in a statement released after the verdict.

The yacht, built in 2008 by the Italian firm Perini Navi, can accommodate 12 passengers in four double cabins, a triple and the master suite, plus crew accommodations, according to Charter World and Yacht Charters.

The vessel, which previously was named Salute when it flew under a Dutch flag, featured a sleek, minimalist interior of light wood with Japanese accents designed by the French designer Remi Tessier, according to descriptions and photos on the charter sites.

AP writers Danica Kirka and Sylvia Hui contributed from London.

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Dear Deidre

Bayesian superyacht ‘sank with Mike Lynch’s two hyper-encrypted hard drives that may contain MI5 secrets’

James Halpin
Published : 13:48, 17 Sep 2024
Updated : 13:48, 17 Sep 2024

THE Bayesian superyacht sank with Mike Lynch's two hyper-encrypted hard drives that may contain MI5 secrets, reports say.

The billionaire businessman tragically died with his daughter on board the doomed yacht off the coast of Sicily last month when the vessel was hit by a tornado.

The Bayesian sank off the coast of Sicily last month killing seven

Reports claim the tech entrepreneur had a pair of hard drives that held secret information on the world's most powerful spy agencies on board.

Divers are now scouring the sea floor for the crucial disks at the bottom of the sea before they fall into the wrong hands, La Repubblica reports.

Sources told the paper the disks held: "the great digital archive of the IT entrepreneur whose clients included the British MI5, the American NSA and the Israeli services".

The Italian newspaper said the "super drives" are protected by "cutting-edge encryption".

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But the drives now could be a target for the hostile spy agencies of Russia, China, and Iran as they seek to steal valuable secrets.

Lynch reportedly did not trust the cloud to save his high level business secrets so always had the hard drives on him.

The billionaire partly made his wealth by creating algorithms and software widely used by top Western security agencies.

His company Autonomy won high-profile contracts with governments, including a deal to provide infrastructure to the US Homeland Security for the post-9/11 war on terror.

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The Bayesian is also reported to hold other documents in the ship's safe that could also be highly valuable.

James Bond obsessive Lynch also co-founded cybersecurity company Darktrace and employed high-ranking intelligence agents for the firm.

Investigators from Palermo have pulled no personal effects of the seven victims and 15 survivors from the ocean yet.

But last week, divers recovered surveillance equipment from the yacht that will hopefully be able to shed light on its final moments afloat.

Divers have also recovered the ship's hard drives as they continue their investigation.

However, the ship had no black box and there are worries the Bayesian's hard drives may not be water resistant.

CCTV showed the Bayesian superyacht moments before it sank

The captain of the doomed Bayesian, James Cutfield, 51, is being investigated for manslaughter .

Kiwi Cutfield, along with two other members of his crew, are being investigated by Italian authorities for culpable shipwreck and multiple manslaughter.

Prosecutors are also probing ship engineer Tim Parker-Eaton, from Clophill, Beds, and sailor Matthew Griffith, 22 under the same charges.

The 184 ft Bayesian was carrying 22 people when it sank within minutes of being hit by a downburst - a strong, localised wind - while anchored in Porticello near Palermo.

The luxury vessel was caught up in a tornado which caused it to sink in the early hours of the morning.

Fifteen of those on board were rescued on a life raft, while the yacht’s cook Recaldo Thomas was discovered dead in the water shortly afterwards.

Specialist divers recovered the bodies of billionaire Lynch, 59, and four of his guests, from the first cabin on the left.

Officials said the victims had scrambled to reach air pockets in the yacht, which sank 164ft stern-first before rolling onto its right side on the seabed.

Investigators are understood to be rifling through CCTV footage and photographs taken by locals on the night of the storm to understand why the boat sank so quickly.

Chief Prosecutor Ambrogio Cartosio said the victims would have been asleep when a tornado-like waterspout struck the boat, leaving them unable to escape.

Lynch had just won a court case over the sale of Autonomy to tech giant HP after being accused of fraudulently raising the price.

The 59-year-old had been living under house arrest in San Francisco, US, with just his beloved dog Faucet for company, for well over a year.

He was finally acquitted just months ago and spoke about longing to spend time with his wife, Angela Bacares and their two daughters.

In 1996, he started software company Autonomy, which would be used to analyse huge swathes of data from unstructured sources like phone calls, emails and videos.

Describing his small team he said: “Eccentric people working really hard on a project. No bureaucracy. No admin. Lots of late nights, lots of eating cold pizza”.

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Autonomy became an instant success and benefitted from the dotcom boom, which led it to join the FTSE 100 of top UK listed companies.

The achievements with Mike, the chief executive officer, at the helm led to considerable praise including receiving an OBE for services to enterprise in 2006.

Inside The Bayesian's final 16 minutes

By Ellie Doughty, Foreign News Reporter

Data recovered from the Bayesian's Automatic Identification System (AIS) breaks down exactly how it sank in a painful minute-by-minute timeline.

At 3.50am on Monday August 19 the Bayesian began to shake "dangerously" during a fierce storm, Italian outlet Corriere revealed.

Just minutes later at 3.59am the boat's anchor gave way, with a source saying the data showed there was "no anchor left to hold".

After the ferocious weather ripped away the boat's mooring it was dragged some 358 metres through the water.

By 4am it had began to take on water and was plunged into a blackout, indicating that the waves had reached its generator or even engine room.

At 4.05am the Bayesian fully disappeared underneath the waves.

An emergency GPS signal was finally emitted at 4.06am to the coastguard station in Bari, a city nearby, alerting them that the vessel had sunk.

Early reports suggested the disaster struck around 5am local time off the coast of Porticello Harbour in Palermo, Sicily.

The new data pulled from the boat's AIS appears to suggest it happened an hour earlier at around 4am.

Some 15 of the 22 onboard were rescued, 11 of them scrambling onto an inflatable life raft that sprung up on the deck.

A smaller nearby boat - named Sir Robert Baden Powell - then helped take those people to shore.

Jonathan and Judy Bloomer who also tragically died

Bayesian yacht sinks

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We believe it's essential to preview your hotel room before booking, especially when traveling with little ones. That's why we've captured 3D footage of various resort categories at the Walt Disney World Resort. These virtual tours let you step inside and explore every corner of the room, giving you a full view of the space.
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The World of Yachts & Boats magazine in Arabic 'Alam Al Youkhout Wal Marakib' is the leading Arabic bi-monthly publication, which is distributed throughout the Middle East. Established in 1993, we have constantly informed our readers through the pages of this professionally produced publication, of what is available from around the world of ...
Garibaldi Castle
old-world elegance World-class amenities unite with sheer luxury and unique surroundings, to make sure that there's nowhere you'd rather be. Let the story unfold as you explore the castle grounds on a magical horse and carriage ride, all while taking in the captivating views of medieval architecture that encompass you.
Bayesian superyacht 'sank with Mike Lynch's two hyper ...
THE Bayesian superyacht sank with Mike Lynch's two hyper-encrypted hard drives that may contain MI5 secrets, reports say. The billionaire businessman tragically died with his daughter on boar…
Samara Oblast Map
Neighbors: Orenburg Oblast, Saratov Oblast, Tatarstan and Ulyanovsk Oblast. Categories: oblast of Russia and locality. Location: Volga Region, Russia, Eastern Europe, Europe. View on OpenStreetMap. Latitude of center. 52.6768° or 52° 40' 36" north. Longitude of center. 50.5874° or 50° 35' 15" east. Population.
Tolyatti
Tolyatti or Togliatti (/ t ɒ l ˈ j ɑː t i / tol-YAH-tee, US also / t oʊ l ˈ-/ tohl-; Russian: Тольятти, IPA: [tɐlʲˈjætʲ(ː)ɪ]), known before 1964 as Stavropol, [a] is a city in Samara Oblast, Russia.It is the largest city in Russia which is neither the administrative center of a federal subject, nor the largest city of a subject.Population: 684,709 (2021 Census); [7 ...
Inside the Castle
Reflect on the regal beauty rich legacy of our world's history. Every decorated archway and castle corridor leads to new medieval explorations that bring the vision to life. ... If you dare to spoil yourself, take a voyage on the new Garibaldi Yacht, a decadent treat not to be missed. Feel the light breeze and enjoy spectacular waterfront ...