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Douglas Hensman

The pandemic-related boom in yachting has had ripple effects across the marine world. Owners are spending more time on their boats and visiting more far-flung destinations. The good news is that marinas in some of the world’s finest cruising grounds are coming online or plan to open soon. Which means that boating in paradise will be much more accessible and civilized. Here are six of the best new superyacht marinas.

Marina Pez Vela — Costa Rica

Photo : Courtesy Marina Pez Vela

Marina Pez Vela — Costa Rica

About:  Costa Rica has opened its arms to international yachting. In April 2021, the country passed a new law to allow luxury charter vessels over 79 foot to legally charter and remain in its waters for up to a year. The landmark reform is the result of long-term lobbying by the Costa Rica Marina Association and Fraser Yachts.

Marina:  The country’s newest and largest full-service marina—Marina Pez Vela—is located on the central Pacific coast in Quepos, near Manuel Antonio National Park. It holds 195 custom-built slips catering to yachts up to 200 feet in length. A key feature is the custom-designed Coffer dam system, a state-of-the-art floating concrete dock that has created a tranquil basin and gives owners seamless access to their vessels, regardless of tides. It is the first and only marina in Central America to offer fiber optics to all 195 slips, along with direct IPTV connections. Following April’s landmark reform, two more marinas are slated for development. Flamingo is scheduled to open in January 2022 with 90 slips for yachts up to 125 feet. Crocodile Bay in Puerto Jimenez will open with limited services in December 2021, but when complete, it will be able to moor yachts up to 250 feet.

The Strand — Providenciales, Turks and Caicos

Photo : Courtesy The Strand

The Strand — Providenciales, Turks and Caicos

About:  The Turks and Caicos consists of 40 low-lying coral islands. They are home to some of the most spectacular scuba sites in the world, including a dramatic 7,000-foot underwater wall off Grand Turk island. Opening in 2023, The Strand is a new private residential community in the heart of Cooper Jack Bay, an undeveloped, unspoiled stretch of coastline on the protected south side of Providenciales.

Marina:  In addition to the beachfront setting, The Strand will present 1,400 feet of canal and marina frontage, offering slips for owners, as well as several community yacht slips. Most of the slips will be sized to accommodate boats up to 40 feet, but some slips will accommodate motoryachts up to 60 feet. 

Hurricane Hole Marina — Paradise Landing, Bahamas

Photo : Courtesy Paradise Landing

Hurricane Hole Marina — Paradise Landing, Bahamas

Location:  As the name suggests, Paradise Island is a firm favorite among yachties seeking tropical island seclusion. Just a short flight from South Florida, the aquamarine waters offer cruising and round-the-clock access to the Atlantis Resort. More importantly for yacht owners, it’s a preferred destination to ride out tropical storms. In time to cater for a surge in Bahamian charters post pandemic, Hurricane Hole Superyacht Marina at Paradise Landing has undergone a redesign with new dockside residences, gourmet grocery stores and fine dining for owners, guests and crew.

Marina:  Due to be completed later this year, Hurricane Hole will include docks up to 420 feet and 6,100 linear feet of deep-water docks. The marina seawalls have been designed to reduce wave action in all conditions. Additional perks include high-speed internet, 24-hour security, long-term parking, fuel dock and dockside mobile pump-out services, boat detailing, interior cleaning and golf cart rentals.

Palm Beach Marina — South Florida

Photo : Courtesy Palm Beach Marina

Palm Beach Marina — South Florida

About:  High-end Worth Avenue shopping and yachting nostalgia are the calling cards of Florida’s Palm Beach. Separated from the mainland by the Lake Worth Lagoon, the area is known for its glitzy real estate, cultural arts scene and year-round golden sands. The climate allows for a 12-month boating season along a coastline that is known for its easy coastal and inlet access to yachts of all sizes.

Marina:  The 84-slip Palm Beach Marina has long been the only public superyacht port in the area, servicing both motor and sail boats since the 1940s. But the classic yachting hub is undergoing a radical transformation, thanks to a $40 million renovation that will see the addition of a 250-foot Royal Palm Dock, a new floating dock system and a collection of technological upgrades, including high-speed WiFi, enhanced shore power and upgraded security systems. It’s scheduled to reopen Nov. 1. 

Superyacht marinas are coming to a cruising ground near you.

Photo : Courtesy Riva Yachts

Riva Lounge — Porto Cervo, Sardinia

About:  Few locations hold as much cachet as Porto Cervo on Costa Smeralda, and few boat brands have as much heritage as Riva. The seaside resort in northern Sardinia remains a yachting mainstay where celebrities, royals and socialites gather, drawn by the area’s gastronomic thrills, trend-setting abodes and natural beauty. Sardinia also has some of the best diving in Italy, with maze-like caves and fascinating rock formations.

Marina:  Last summer, the Italian icons came together with the arrival of the Riva Lounge, which opened in partnership with Waterfront Costa Smeralda. Designed by architect GioPagani, all the furnishings in the Lounge share similar features to those typically found on board Riva’s classic wooden boats. Aquarama chairs are paired with the same materials and woods used by Riva for 60 years. The 1960s Dolce Vita style—chrome, steel and lacquered mahogany—conjures up the golden age of yachting. In nearby Porto Vecchio, the Ferretti Group VIP Lounge offers a refined alternative in which to relax, paired with a temporary Riva boutique.

Montage Cay — Abaco Islands, Bahamas

Photo : Courtesy Montage Resorts

Montage Cay — Abaco Islands, Bahamas

About:  Make way for Montage Cay. The 53-acre private-island Bahamian resort is set to debut in The Abacoss in 2023. Located one mile off the coast of Marsh Harbour, the marina offers superyacht owners and charterers travel-bubble convenience with its proximity to an international airport and private jet FBO. The Sea of Abaco and surrounding cays make up a turquoise nirvana for boaters and sailors. The Montage Cay resort will include a collection of private residences built to be in harmony with the island’s seven white-sand beaches.

Marina:  The 46-slip deep-water marina will accommodate vessels up to 110 feet, affording guests and residents of Montage Cay access to world-class boating, fishing and water sports. Montage Cay marina membership will incorporate all necessary services, including power, freshwater, dockmaster/harbormaster, valet service at docks for tie-ups, as well as a unique hotel to yacht dining service. 

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Douglas Hensman

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  • December 1, 2022
  • Marinas and Development

Largest superyacht marina in the Mediterranean announced

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„Monaco of the Adriatic”: Largest superyacht marina in the Mediterranean announced

A global real estate investment company from the Emirates has announced the construction of a new superyacht marina that will transform the ancient city of Durrés in Albania into the “Monaco of Adriano” . Investment cost: approximately $2.5 billion.

Eagle Hills, the Abu Dhabi-based private real estate investment and development company that focuses on developing and revitalizing “integrated communities with smart innovation, high-end products and services,” said in a press release that the planned Durrës Yachts & Marina will be the largest superyacht marina in the Mediterranean when completed, but did not give a timeline for the project.

The project includes 12,000 luxury apartments, a state-of-the-art marina capable of accommodating the world’s largest superyachts, the first cruise terminal on the Albanian coast, exclusive beach and marina clubs, retail and restaurant space, and luxury hotels and “branded hotel residences.”

“This development is the pinnacle of luxury living while bringing immense new investment, infrastructure and long-term growth opportunities to Albania,” said Eagle Hills Chairman Mohamed Alabbar. “We are proud of our partnership with the citizens and government officials of this nation on this groundbreaking transformation project, which required two years of planning and design by internationally recognized architects, engineers, public space consultants and artists.

Located just 34 km from the capital city of Tirana, Durrës is home to Albania’s largest port and claims to be the oldest city in the world, with a 3,000-year history dating back to 627 BC. Upon completion of the project, Eagle Hill said, the city will be the most modern municipality in the region.

“Durrës Yachts & Marina will be designed as one of the most sustainable new cities in the world, incorporating green practices, green spaces and smart technologies to reduce air pollution and CO2 emissions, improve air quality and protect natural resources,” the press release states, through infrastructure that includes energy, water and transportation management, as well as the latest means of urban mobility.

“We are not only opening up the destination for high-profile visitors, but we are also creating the Monaco of the Adriatic,” Alabbar added. “You have this incredible history in the background, alongside what will be a whole new luxury destination. We’ve done a lot of special projects around the world over the years, but I have no doubt that this is one of the best.”

Eagle Hills is currently developing marina projects in Morocco, Bahrain, Jordan, Serbia and the United Arab Emirates that “draw on the latest technologies to build smart and sustainable projects that add significant value to the local economy.”

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Legendary Marina to develop new Bahamas yacht marina

Multi-million-dollar marina to begin construction in the Bahamas

The Legendary Marina Resort and the Bahamas government have signed a multi-million dollar heads of agreement for a new superyacht marina situated at the Blue Water Cay in Nassau, built to attract higher levels of tourism to the islands. 

The agreement outlines a "full service marina and dry storage facility", with a 120-slip wet dock for yachts upwards of 30 metres. Meanwhile, the enclosed dry storage facility will contain more than 700 slips for boats up to 16.8 metres, capable of withstanding a category five hurricane. 

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Stock Island Marina Village – new superyacht marina in Florida’s Key West

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Written by Zuzana Bednarova

Stock Island developer, Matthew Strunk, has inaugurated a new superyacht marina in Key West, Florida – Stock Island Marina Village. The new moorage facility constructed by worldwide marina builder, Bellingham Marine , was designed by Strunk and his team to appeal to a wide spectrum of boaters from Superyacht owners to shrimp boat captains.

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Located in Safe Harbor, Stock Island Marina Village is accessed from the Atlantic through an entrance channel dredged to a depth of 25 ft. to 35 ft. The marina basin is divided by two massive land piers and separated by 300 ft. of water.

Bellingham Marine completed the first phase of construction in November. 128 slips were installed in the marina’s north basin for boats ranging from 40 feet to 70 feet. Two new side-tie docks were also put in to provide Superyacht moorage for vessels up to 250 ft. The second basin houses the marina’s older live-aboard moorage with 80 slips.

Strunk’s vision for the property is to transform the once industrial site into a world class marina that attracts visitors from around the world and reflects an appreciation for the history of the area and the eclectic lifestyle Key West is famous for.

Stock Island Marina Village offers a wide range of amenities on the docks, including in-slip pump outs for all slips and 480A, 3-phase electrical service for power-hungry super yachts. High-speed fueling is available on the 430-foot fuel dock, the largest in South Florida.  Upland amenities include a ship’s store with a captain’s lounge above and an outdoor bar and grill, dog parks, and an organic community garden for live-aboards who want to grow fresh fruits and vegetables.

Just beyond the noise and crowds of Duval Street in Key West, Stock Island Marina Village will be a heaven for many boat owners and captains.

As the world’s leading marina design-build construction company, Bellingham Marine produces Unifloat® concrete floating dock systems as well as timber and metal frame systems. The company also produces Unistack® dry stack systems for marinas worldwide.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Stock Island Marina Village - new superyacht marina in Florida's Key West".

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4 New Superyacht Marinas to Consider This Charter Season

November 7, 2022 | Hurricane Hole | Marina in Nassau , Marina in Nassau For Crew

4 Beautiful New Marinas Open for This Year’s Charter Season

The recent boom in yachting has unveiled several new superyacht marinas in some of the world’s most stunning cruising grounds. The new marinas boast some of the most advanced technologies and modern conveniences, giving charters and yachtsmen a luxurious and unparalleled voyage experience at some of the most popular yachting locations in the world. 

We will explore some of the new superyacht marinas that can create a memorable charter season.

Hurricane Hole Superyacht Marina at Paradise Landing, Bahamas

The state-of-the-art Hurricane Hole Superyacht Marina on Paradise Island has quickly become a favorite charter destination thanks to the advanced marina design, full-service amenities and services, strategic location on Paradise Island, and the most advanced security in all of The Bahamas. It can berth yachts of up to 420 feet with an ample 240-foot turning basin.

The world-renowned Atlantis Resort & Casino is just a few feet away from Paradise Landing with dozens of restaurants, a casino, a waterpark, and high-end retail shops a golf cart ride away. 

Hurricane Hole is a sheltered deep-water marina . The sea walls of the totally redesigned marina are designed to reduce wake and wave action in all conditions, helping to keep superyachts safe during tropical storms.

The Paradise Landing gated community that houses the iconic marina has a range of amenities, including a wine & liquor store with on-deck delivery, high-speed internet, crew and captain exclusive amenities, and a wealth of other services and Bahamas firsts, such as in-slip fueling, 1,600 ft of fixed and floating concrete docks, and state-of-the-art security that utilizes facial recognition and machine learning software. Coming soon to the Paradise Landing community will be a new phase of luxury residences, three restaurants, a gourmet grocery store with dockside provisioning (opening in Summer 2023), a pharmacy, a medical clinic, and a hair and nail salon.

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Marina Pez Vela in Costa Rica

Near the Manuel Antonio National Park off the coast of Quepos in the central Pacific is the new Marina Pez Vela. It can berth yachts of up to 200 feet. It has a sheltered marina with floating docks and is one of Costa Rica’s newest luxury marinas and provides high-speed fiber internet — a first for Central American marinas. In 2021, the country relaxed some laws surrounding long-term docking for yachts, and Costa Rica has since seen an increased interest from the yachting community. 

Palm Beach Marina in South Florida

At the affluent Palm Beach, with its spectacular real estate, year-round golden sand, and fine weather, the new Palm Beach Marina is a public superyacht marina that is well-known in the yachting scene. It’s recognized for its easy inlet and coastal access for yachts of all sizes. It has been around since the 1940s, servicing both sail and motor boats. Since the new renovation and the addition of the 250-foot Royal Palm Dock, along with high-speed internet, upgraded security, and a host of technological updates, it’s one of the great new superyacht marinas.

Montage Cay in the Abaco Islands, Bahamas

The Bahamas is one of the best yachting destinations in the world, and a second marina worth mentioning in the exotic location is Montage Cay in Abaco Islands. It is a 53-acre private island resort and residential community and is set to make its debut in the yachting world in 2023. The island has white-sand beaches, and the resort will offer all of the amenities that complement the superyacht marina. It will accommodate yachts of up to 110 feet once completed.

Make one of the new state-of-the-art superyacht marinas your yachting destination this charter season. Whether you choose Hurricane Hole Superyacht Marina or one of the other new superyacht marinas, modern marinas open a new world of yachting experience. Book your slip at the Hurricane Hole Superyacht Marina at Paradise Landing by calling 242-603-1950 today.

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By Conor Feasey 13 Feb 2024

IGY to build new US marina

The superyacht marina specialists have confirmed the development of a new marina in the us and a balearic regeneration project….

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Island Global Yachting (IGY Marinas) is developing a new marina with over 100 berths in Savannah, Georgia in the US. The marina aims to cater for vessels of all sizes, including over 300 linear metres to accommodate deep-draft superyachts. Simultaneously, IGY has also been granted the concession to revitalize one of its marinas in the Balearic Islands.

“We are excited to be involved in this wonderful project and a catalyst of nautical tourism in this thriving area,” says Steve English, President of IGY Marinas. “The opportunity to develop and operate IGY Savannah Harbor Marina means we will deliver the highest levels of service to our global clientele in this incredible destination.”

Located five miles from the Intracoastal Waterway and with no air draft or depth restrictions on the Savannah River, it provides a prime stopover point for both cruisers and transiting superyachts. The marina will join part of the Savannah Harbor mixed-use development.

“We are pleased to have an IGY Marina as part of the Savannah Harbor development,” adds John Cay, principal of Savannah Harbor Partners. “The marina will be a focal point of the development and enhance the service offerings of this incomparable area.”

The Myrick Marine Contracting Corporation will provide services as the general contractor, and MEECO-Sullivan Wahoo docks will be installed in the small boat inner basin, as well as Marinetek floating concrete pontoons for the superyacht dock located along the river.

Meanwhile, in Europe, the international superyacht marina company has also secured permission to refurbish and develop the IGY Ibiza Marina. A consortium formed by Ocean Capital Partners (OCP), Grupo Empresas Matutes, and IGY aims to cater for vessels ranging from 20 to 140 metres and attract year-round superyacht traffic to the island.

“Ibiza will benefit from the implementation of this project, helping to consolidate its position as a [superyacht] destination in the Mediterranean,” explains José Luis Almazán, CEO of Ocean Capital Partners. “Extending the stay season for these vessels and breaking the seasonality associated with this marina is an ambitious goal that won’t be achieved overnight, but we are confident that with the effort and collaboration of all, we will turn this project into a model of port-city integration.”

Situated in the Port of Ibiza, guests will have the opportunity to access some of the island’s best restaurants and iconic nightlife. The project also includes a significant investment to improve superyacht access to power, fibre optic broadband, security systems, crew facilities and modern service buildings.

“Ibiza is a true yachting paradise, fitting perfectly with our goal of connecting the world’s most iconic nautical destinations while ensuring the highest standards of comfort and service,” adds English. “We are very grateful for the trust expressed by the Port Authority of the Balearic Islands by awarding us the opportunity to enhance and promote this incredible superyacht destination to the global market.”

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Top 10 Superyacht Marinas in the United States

Best marinas to dock your boat..

Marine, marina, harbor, yacht club, port — not exactly synonyms, but close. A marina provides safe dockage for vessels of all sizes, often offering supplies, repair, and other facilities to those who rent a slip. A quick (but unreliable) Google search told us that there at about 12,000 marinas in the United States.

Whether that’s true or not, that’s a lot to sift through. But we did it — we found the top 10 superyacht marinas in the U.S.

1. Yacht Haven Grande | Miami, Florida

Yacht Haven Grande Miami

“Welcome to Miami” is the vibe when you step off the yacht and into Yacht Haven Grande by Island Gardens. This marina is nothing short of flash and accommodates some of the largest superyachts in the world. 

This Miami marina was specifically designed to host mega yachts reaching 500+ feet in length, plus accommodation for smaller tenders. Onsite amenities include a luxury lounge, conference room, mail and package delivery, concierge service, BBQ area for crew, and water taxi to select Miami waterfronts. Yacht Haven Grande is a true marina destination, and one of the finest in the world.

Bonus: Denison’s Miami office is nearby to help you with your new yacht search.

Max boat length: 500+ feet

2. Gurney’s Star Island Marina | Montauk, New York

Gurney's Star Island Marina

All the way at the End of the World (as Montauk, NY is so often referred to), is Gurney’s Star Island Marina . It’s part of a larger resort and therefore offers plenty of amenities for boat owners who book a slip. Despite a sense of exclusivity, Gurney’s Star Island Marina does not require a membership. 

The marina can accommodate yachts up to 220 feet with a maximum draft of 12 feet. Boat guests have full access to Gurney’s Star Island facilities and amenities, including laundry services, a private beach, a fitness center, heated pools, tennis courts, and waterfront dining options. It’s a welcome land excursion for yacht charters in New England . 

Max boat length: 220 feet

3. Bahia Mar Yachting Center | Fort Lauderdale, Florida

Bahia Mar Yachting Center

Smack dab in the heart of Fort Lauderdale is the Bahia Mar Resort and Yachting Center (also home to the Fort Lauderdale International Boat Show ). It’s all about the amenities when you dock at Bahia Mar, which includes access to a swimming pool, fitness center, entertainment concierge, diving and sailing tours, and dining options. Oh, and the beach is right across the street. 

The marina is separated into the South Basin and the North Basin, with the resort, parking, shops, and restaurants conveniently in the middle. Bahia Mar holds 250 slips and can accommodate vessels up to 300 feet in length. Facilities include fueling, free WiFi, cable television, and pump out. Best to book ahead of time — about 90% of the slips are available on a first-come, first-serve basis. Stop by Denison’s Fort Lauderdale office to speak with a superyacht specialist. 

Max boat length: 300 feet

4. Safe Harbor Charleston City | Charleston, South Carolina

Safe Harbor Charleston

Safe Harbor has locations all over the west and east coasts, but its marina in Charleston , South Carolina is one of the best superyacht marinas in the United States. It’s home to the Mega Dock (dun, dun duunn), which hosts some of the most prestigious yachts in the world.

Charleston is a premier boating destination , and the marina’s state-of-the-art facilities and southern hospitality are a welcome respite after a big day on the water. Yachts that book a slip at Safe Harbor receive complimentary wifi, shore power hookups, freshwater hookups, and cable TV hookups. They also have a full marine service, fuel dock, and waterfront restaurant. While membership is not required to dock at this marina, you can become a member of Safe Harbor to gain access to an entire network of premium locations, amenities, and events.

Stop by Denison’s Charleston office to learn more about yachts for sale. 

Max boat length: 455 feet

5. Marina del Rey Marina | Los Angeles, California

Marina del Rey Marina

Marina del Rey hosts one of the largest marinas in the U.S. It can accommodate vessels up to 150 feet in length and up to 5,000 yachts year-round. Californians do things big — the marina has hotel rooms, restaurants, a Denison office , a movie theater, paddleboard rentals, and a shopping center (among other amenities ). It’s a short drive to/from Santa Monica for the beach or LAX to catch a flight. When you book a slip at Marina del Rey Marina, you’ll get security, fresh water, power, ice delivery, wash and fold delivery, and dockside shuttle service.

Max boat length: 150 feet

6. Farley State Marina | Atlantic City, New Jersey

Golden Nugget Atlantic City

Dock the yacht and head for the slots. Farley State Marina is part of the Golden Nugget Casino in Atlantic City. This protected marina offers 630 floating slips and dockage for vessels up to 300 feet in length. When you rent a boat slip at Farley State, you get exclusive resort amenities including access to the H20 Rooftop Pool and Bar. Spend a day on the water then enjoy the award-winning restaurants, shows, casino games, and nightlife at the Golden Nugget.

7. Marriott Marquis San Diego Marina | San Diego, California

Marriott Marquis Marina San Diego

The Marriott Marquis and Marina in San Deigo offers a prime waterfront location for your yacht or boat. The Marina District is ideally located downtown with easy access to catch a Padres game, tour the USS Midway Museum, or bar hop in the Gaslamp Quarter.

This 450-slip marina accommodates vessels from 25 to 125 feet. Because this marina is part of the Marriott, guests can order room service to their boat, gain access to the pool, or use the fitness center. Say hello to the Denison San Diego team while you’re there. 

Max boat length: 125 feet

8. DiMillo’s Marina | Portland, Maine

DiMillo's Marina

In the heart of Portland’s Old Port is DiMillo’s Marina , an iconic neighborhood staple. It’s a two-minute walk to Portland’s historic downtown area with plenty of bars and restaurants, plus provision and marine services. DiMillos offers summer, winter, year-round, and transient dockage with amenities such as a gated facility, wifi, electricity, sewer, and fuel. 

Max boat length: 250 feet

9. Stock Island Yacht Club And Marina | Key West, Florida

Stock Island Yacht Club

Stock Island Marina is one of the best marinas in the Florida Keys. It provides guests with excellent amenities including a waterfront pool, waterfront restaurant, event space, and fitness center; the unrivaled location is an ideal haven for boating, sailing, scuba diving, and sportfishing. Stock Island Marina can accommodate vessels up to 101 feet, with a max draft of 7 feet. By land, it’s about four miles from Key West International Airport and 10 minutes from the bars and restaurants on Duval Street.

Max boat length: 101 feet

10. Tidewater Yacht Marina | Portsmouth, Virginia

Tidewater Yacht Marina

At mile marker zero on the Intercoastal Waterway is Tidewater Yacht Marina in Portsmouth, Virginia. It’s the halfway point between Florida and New York, a perfect pit stop for yachts traveling up and down the east coast. Tidewater Yacht Marina offers 300 slips — transient slips can accommodate boats as small as 20′ to yachts over 150’ in length. The marina offers restrooms, showers, laundry, and free wifi for guests. 

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The Best Superyacht Marinas In New Zealand For Yacht Crew

new superyacht marinas

The island nation of New Zealand – also known by the Maori name Aotearoa – is a major yachting destination in the South Pacific. Read on to discover the best superyacht marinas in New Zealand and what they have on offer for captains and crew… 

new superyacht marinas

Cruising grounds feature scenic Sounds, hidden coves and majestic fjords, while the shores are enriched with indigenous cultural sites, volcanic landscapes and a renowned winemaking industry. The country has also become a refit destination for superyachts departing the tropics and looking for a safe haven during cyclone season. Here is our list of the best superyacht marinas in New Zealand for visiting crew.

Bay of Islands Marina, Opua

Of the four marinas covered in this report, the Bay of Islands received the most superyachts in the past year. Visitors included 35 metre Life of Riley , 33.53 metre Intrinsic and 30 metre Mahalo , but the marina has a capacity for yachts as large as 120 metres. 

Bay of Islands is located in Opua, to the far north of New Zealand, and is a common point of entry for foreign-flagged vessels. “Bay of Islands is a beautiful part of the world” describes the captain of 36.88 metre motor yacht Dardanella , which has cruised extensively around the South Pacific. The region is characterised by azure waters and 144 pristine islands, with its cruising grounds playing the designated host of the thrilling New Zealand Millennium Cup regatta held every spring. 

new superyacht marinas

Yacht Services

Refitting services are available at the Opua Marine Hub, offering 50 specialist businesses on-site together with a couple of well-reputed chandleries. Duthie Lidgard of Catalano Shipping Services notes that there is “plenty” of crew accommodation in the area, ranging from motels and hotels to rental houses. Other amenities alongside the 400 berths include three-phase power, water and pump-out facilities, and waste collection, with security-controlled access to the marina. 

Crew Activities & Hotspots

Opua is quaint, so the main hangouts for crew in the town are the Opua Cruising club and Marina Café. Dardanella’s captain advises exploring further afield on days off, visiting places like the “old, traditional town of Russell” with a meal at the historical Duke of Marlborough pub. Another popular crew hangout in the Bay of Islands is Charlotte’s Kitchen in Phalia. 

Nature and outdoor activities are the main attractions for crew during downtime in the Bay of Islands. Lidgard recommends exploring the “walks, bike tracks, and waterfalls” of the surrounding islands. The New Zealand tourist board has reported sightings of marine wildlife including dolphins and whales, making it a good place for snorkelling, plus culture vultures will have an opportunity to learn about Maori history at the local treaty grounds. 

Port Nikau, Whangārei

Whangārei is another yachting hotspot on the north island with a strong tradition of boat building and shipping. Port Nikau Wharf opened in the area recently and is still undergoing works for further expansion. Nonetheless, it has already hosted sizeable superyachts including 81 metre Sea Eagle II , 60 metre Odyssey , 54 metre Latitude and 45 metre Imagine . Karma Butler of local superyacht agents UrbanSea says that “ Crew love it here as the city centre is five minutes up the road and there is a very laid back feel, with beaches and forests so close.”

new superyacht marinas

Superyachts up to 90 metres can be hosted at Port Nikau, with b erthage supported by a marine fuel stop, a boat ramp, power and water.  The marina also boasts over 5,000 square metres of wharf space for refits and servicing. By 2023, Port Nikau will offer three piers dedicating to hosting 120 recreation vessels in total, serviced by a new 560 tonne travel lift, making it one of the best marinas for superyachts to visit in New Zealand.

Port Nikau is also the headquarters of UrbanSea , which will be able to assist crew with airport pickups, accommodation arrangements, provisioning and more. Their most popular serviced crew houses include cottages on 30 First Avenue and 36 Mill Road. 

For days off or evenings out, “the loop” – a 4km walkway around the town basin – has numerous restaurants and cafes, as well as galleries like the the Hundertwasser Art Centre, on offer. The UrbanSea team recommend the waterside eateries of The Quay Kitchen, Going Loco, The Butter Factory, Kafé, No.8 Whangarei and Split as the top places for crew to hang out. 

For taking time off the vessel, the region has tropical beaches, world-class golf courses and lush forest for nature lovers to enjoy. Sporty crew can organise a trip of paint-balling or mountain biking with local company Heads Up Adventures, or for a more relaxed weekend away, UrbanSea suggest overnighting at the “Eco-Glamping” Marua Retreat in rural Northland, which happens to be owned by a former captain. Venturing further afield, crew can explore the impressive dive sites of the Poor Knights Islands – followed by a stop at nearby Schnappa Rock restaurant. 

Read More: Top Yacht Agencies In The South Pacific, Australia & NZ: Vetted & Approved

Orams marine .

Located in the Wynyard Quarter of Auckland, Orams Marine serves as the gateway to the Hauraki Gulf cruising grounds. Regatta-winning vessels like Janice of Wyoming, Ravenger and Miss Silver have all berthed at this marina, which can accommodate superyachts up to 90 metres LOA.

Viaduct Harbour Makes Orams Marine a great Superyacht Marina in New Zealand for crew

The marina provides services like customs clearance, provisioning and logistics. Following a recent renovation, extensive refit facilities on site now include 60 metre boat sheds, a 600 tonne slipway and an 820 tonne travel lift – which is now the largest in the southern hemisphere. 

At Orams Marine, the city is right on your doorstep. The captain of Dardanella cites the nearby Viaduct Harbour and Ponsonby areas as popular with crew. His favourite hangouts include roof-top bar Carousel and craft beer bar Hoppers , while Orams Marine recommends that crew sample some of the 60 rums on offer at the aptly named Captain’s Bar in the Park Hyatt hotel. On a sunny morning, crew can walk 20 minutes from the marina to the Buoy café on Westhaven Promenade, popular with both locals and yachties. Dardanella’s captain notes that AirBnB’s organised privately are the most common form of crew accommodation in the city, but visiting crew can obtain an Orams Crew Card for discounts on restaurants, gyms and more across the city during their stay.

For crew looking to get out of town on days off, Dardanella’s captain recommends catching waves in Piha, taking a tour around Waiheke Island, indulging in a shopping spree at the Matakana Sunday markets or tackling the three-hour mountain bike trail to geothermal hotspot Rotorua.

Picton Marina 

The Marlborough Sounds are an extensive network of charming waterways on the northern tip of New Zealand’s South Island. Visitors are drawn to the tranquil cruising grounds as well as the vineyards on shore, which are famed for producing the country’s top Sauvignon Blanc wines. Here the marinas are often smaller, as Dardanella’s captain explains that boats passing through are more likely to drop anchor in sheltered bays then heading into a port. “Picton is beautiful. You’ve got the vineyards, you’ve got the Sounds. It’s really picturesque,” he notes.

Picton Marina is one of the best superyacht marinas in new zealand for crew to explore

Picton Marina is one of the larger marinas in the Marlborough Sounds. It is only 10 minutes away from the local airport and can accommodate yachts up to and over 35 metres LOA. Services encompass electricity, water, laundry, fuel, waste disposal and 24 hour security. Hotels, motels and rental apartments provide crew accommodation close to the marina. In the last year, superyachts including 34.14 metre Integrity , 40.16 metre Mahoenui and 32 metre Duchessa I all berthed in Picton. 

Crew Activities & Hot Spots

The town’s tourist board recommends Seumus’ Irish Bar and the Thirsty Pig as two pubs close to the waterfront with a lively atmosphere for crew to enjoy on a night off, complete with live music and sports screenings. A delicacy in the surrounding area is green-lipped mussels, which are best enjoyed at the Mussel Pot Café in nearby Havelock harbour. 

For activities on crew days off, the 73.5km Queen Charlotte track is a main attraction in the Marlborough Sounds. This scenic route winds through the native Bush and offers hiking and biking with stunning vistas of the waters. Fishing, dolphin watching and kayaking in the Queen Charlotte track are other activities recommended by the local tourist boards, making this another one of the great superyacht marinas in New Zealand for crew to visit. 

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Olivia Michel

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See Meta CEO Mark Zuckerberg's brand new 287-foot superyacht

The 287-foot yacht, called 'launchpad' cost $300m.

Billionaire Mark Zuckerberg, founder and CEO of Facebook parent Meta, gifted himself a $300 million superyacht named ‘Launchpad’ as his net worth nears $200 billion. Credit: Dutch Yachting

SEE IT: Mark Zuckerberg’s $300 million new superyacht

Billionaire Mark Zuckerberg, founder and CEO of Facebook parent Meta, gifted himself a $300 million superyacht named ‘Launchpad’ as his net worth nears $200 billion. Credit: Dutch Yachting

Mark Zuckerberg reportedly rewarded himself with a luxurious gift: a $300 million super yacht.

The billionaire Meta Platforms CEO reportedly purchased the 287-foot vessel with the name Launchpad, according to The Sun and New York Post. 

FOX Business reached out to Meta Platforms and a Zuckerberg personal spokesperson for comment on the vessel.

Mark Zuckerberg's mega yacht is docked in Fort Lauderdale, Florida

Mark Zuckerberg's 387-foot long superyacht, Launchpad, sits at Port Everglades in Fort Lauderdale, Florida, this week. (Romain Maurice/MEGA / Mega)

The vessel reached America a few days ago, cruising into Fort Lauderdale’s port in the Sunshine State, according to Business Insider. Prior to that, it had recently completed its first-ever official sailing.

MARK ZUCKERBERG RAISING CATTLE WITH DIET OF BEER AND NUTS

In photos, the dark blue-hulled Launchpad appeared to have multiple decks.

Superyacht Times pegged its gross tonnage at about 5,000. It can reportedly sail as fast as 24 knots.

Launchpad superyacht

A view of the side of the Launchpad superyacht. (Dutch Yachting)

Feadship, a well-known yacht builder headquartered in the Netherlands, constructed the superyacht.

Only 70 motor yachts measuring over 100 meters currently exist, according to BOAT International. Some are believed to belong to other members of the three-comma club.

JEFF BEZOS, LAUREN SANCHEZ ENJOY SUN, SUPERYACHT

The Sun reported the 118-meter Launchpad came at a nine-figure cost.

Launchpad superyacht

The Launchpad superyacht sailing. Credit: Dutch Yachting

Zuckerberg has amassed a personal fortune that, according to Forbes, sat around $178 billion as of Thursday evening.

He has Meta Platforms, the corporate parent of Facebook, Instagram, Whatsapp and Threads, to thank for that. He co-founded Facebook about 20 years ago.

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"20 years ago I launched a thing," he wrote on the platform in early February. "Along the way, lots of amazing people joined and we built some more awesome things. We’re still at it and the best is yet to come."

He has identified artificial intelligence and the metaverse as long-term focuses of Meta Platforms.

CLICK HERE TO READ MORE ON FOX BUSINESS

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Despite wars and sanctions, superyacht market continues recent growth.

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The Phi has been detained in Canary Wharf since March 2022.

A superyacht is a status symbol and the ultimate pleasure boat. What ordinary people envisage doing on cruise ships, the super-rich do on their mega-yachts. Space and change of scenery have appealed to humans from time immemorial. However, with luxury yacht ownership requiring vast sums of disposable income, one would think that factors putting the global economy under pressure, such as inflation, Houthi terrorists and Somali pirates attacking ships in the Red Sea, sanctions following the Russian invasion of Ukraine, and before that, the COVID-19 pandemic, would slow down the demand for superyachts. Instead, despite severe disruptions, mainly because of the post-Ukraine 2022 Russian invasion sanctions, with billions sloshing around in the global economy, demand for these vessels has reached a high point, driven by changes in the tastes of the ultra-rich, innovative new uses for superyachts, and the number of buyers able to splurge on such craft.

Expensive Mega-Toys The unique uses of a superyacht are driven by the size and crew demands that separate it from a regular yacht. A superyacht is considered to be a pleasure vessel larger than 24m (80ft) with a full-time captain and crew. This is a costly outlay. There are added costs for not including maintenance, fuel, and expensive power plant, navigation, and communications gear.

The desire for seclusion and social distancing exhibited by the rich since the 2020 pandemic lends itself perfectly to these large, customizable ships that can be taken out to sea. A fully crewed ship is also needed to keep up with for new trend in exploration and environmental sailing, with boat owners venturing outside of the Mediterranean and Caribbean to experience more varied habitats. Other luxury sectors are taking note of these trends driving demand for superyachts, with hotel chains like The Four Seasons and The Ritz-Carlton aiming to offer bespoke superyacht experiences by 2025. By introducing this option, hotel chains are responding to the increased market demand for exploration while creating an experience that is more exclusive and private than a luxury cruise.

Demand has also been driven by an expanding number of prospective superyacht buyers as the number of ultra-high-net-worth individuals continues to increase globally. The growth is primarily driven by American buyers, with significant potential in regions like China and Southeast Asia, where ultra-rich buyers with disposable income are growing at a faster pace than they are in the West. This increase in wealthy customers in Southeast Asia, combined with miles of islands and coastlines, creates the conditions for a robust scene for superyachts in the area. The emergence of a new customer base wealthy enough to purchase super- and mega-yachts has made the industry resilient in the face of government sanctions against one of the industry’s largest consumer bases: Russian oligarchs.

The megayacht Nord, believed to belong to sanctioned Russian oligarch Alexey Mordashov, is seen in ... [+] Hong Kong on Friday, Oct. 7.

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Target: Russia Beginning in the early 2000s, Russian billionaires developed a taste for luxury superyachts, with some like Roman Abramovich (who is reported to own 16 vessels , including the Aquamarine, Eclipse, Garcon, Halo, Pelorus, Solaris and Sussurroo), Alexei Mordashov ( Lady M and Nord ) and Eduard Khudainatov ( Scheherazade , Amadea , Crescent ) placing orders for multiple vessels. According to Superyacht News, an industry publication, Russians account for a significant piece of the world's superyacht market. Their estimated share represents about 10% of superyachts exceeding 40 meters in length. The percentage of Russian ownership rises even further for mega-yachts exceeding 80 meters, where Russians hold the number two spot globally, owning 20% of these vessels. Research by Boat International estimates the contribution of Russian buyers to the global superyacht order book (valued between €35 and €40 billion) to be €3.9 billion.

The popularity of superyachts among Russia’s wealthy has caused them to become a focus of the sanctions imposed on Russia following its invasion of Ukraine in February 2022. Alongside traditional targets, including Russian financial holdings, banks, and energy, the assets of oligarchs are actively being seized and frozen by Western powers when possible through initiatives like the Russian Elites, Proxies, and Oligarchs (REPO) task force launched by the G7 and the U.S. Treasury’s Kleptocracy Asset Recovery Rewards (KARR) program.

The seizure of superyachts as assets will likely continue through the end of the invasion of Ukraine and possibly beyond. Recently, there have been increasing calls to sell or transfer these assets, allowing Ukraine to use or sell them to compensate for the damages caused by the war.

Eclipse | 162.5m Built in 2010 , Germany

Europe Suffers Even though the superyacht industry has a sizeable consumer base in Russia, the companies building and managing these yachts are primarily based in Western Europe. Many of these boats are built by shipbuilders such as Lürssen in Germany and Heesen Yachts and Oceanco in the Netherlands. This has led one of the shipyards, Damen, to sue the Dutch government over damages it claims it suffered from the EU sanctions. Additionally, companies like Burgess in the UK, Imperial Yachts and Edmiston in Monaco, and Moran Yacht & Ship in the US, in charge of servicing, managing, and brokering superyachts, are also concentrated in the West.

While Western shipyards and management companies may lose revenue because of sanctions and asset seizure of the Russian oligarchs, keeping the yachts frozen generates additional costs for the countries where they are being held. Some Western countries devised a solution to ease the burden on taxpayers, granting owners and their representatives special licenses to pay for the frozen vessels. Notably, France and Spain have allowed the billionaire owners of at least four mega-yachts to pay for their upkeep. In the UK, the Office of Financial Sanctions Implementation (OFSI) has allowed the management company Burgess to pay for pre-sanction crew salaries of a yacht frozen in the UK.

Though the media associated superyachts with Russian oligarchs, this archetypal image of a superyacht owner may soon grow obsolete if the sanctions regime remains or even strengthens, causing multi-million dollar losses to the industry. Instead, growth in the sector is driven by a new class of rich being created in places like the United States and the Pacific Rim, seeking luxury lifestyles that can be provided by a superyacht. The superyacht industry will capitalize on the unprecedented wave of demand to increase its resilience in the stormy global security and economic environment.

Quin Buckley & Henry Tsai contributed to the production of this article.

Ariel Cohen

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Stepping On Board Italy’s Largest Sailing Yacht Sybaris

By Ben Roberts

The launch of a new yacht often signifies the realisation of a dream. For Bill Duker, that dream is 20 years in the making. From the days of sitting with his son drawing their dream yacht, to working with the finest designers and builders to make it happen. This is Sybaris, one man’s dream turned Italy’s largest sailing yacht.

Shortly after her technical launch and mast stepping operations, we arrived at the Perini Navi Group ’s Picchiotti shipyard in La Spezia to step on board the 70 metre ketch during her official launch ceremony.

This is Perini Navi’s most advanced project since the creation of the Maltese Falcon, which was launched at Perini Navi's Turkish facilities in 2006 and still stands as their largest yacht to date.

The subtle nature of Sybaris , even with her imposing 72 and 61 metre main and mizzen masts, is astounding. The performance under sail has the makings of a cutting-edge classic, and the resounding core of her creation is to house art, while becoming a masterpiece herself.

“We wanted to build a boat that combined great art in the interior, put it in a setting that the interior of the boat itself was a piece of art, and then set that interior within a superyacht that was also a masterpiece. Not only a masterpiece of beauty, but a masterpiece of performance.” Explains Sybaris Owner Bill Duker during the ceremony.

Style & Performance Drawn by the Perini Navi Technical Design studio, with considerable input from Bill Duker's team, Sybaris is sleek, sculpted and a notable evolution of the Perini Navi style with a less pronounced sheer line and more vertical bow.

Philippe Briand’s extensive experience was injected to optimise the naval architecture and make the most of the incredible 5,842m2 sail plan. This pedigree combination of designer, builder and architect has created a comfortable and stylish vessel which brings sailing back to the hands of the owner through cutting-edge technology..

A first for Perini Navi, Sybaris is equipped with two variable speed generators that supply power to the ship’s main grid, and stores excess energy in battery packs. This technology makes Sybaris a silent runner, allowing those on board to navigate and use battery power for hours without the smells and sounds of the diesel generator.

“As Perini Navi’s second largest sailing yacht launch to date, Sybaris raised numerous technical and aesthetic challenges, ” says Burak Akgül, Managing Director of Sales, Marketing & Design. “But where there’s a will there’s a way, and the result is a uniquely beautiful sailing yacht that pushes the boundaries of design in every conceivable way.”

Life Under Sail On deck, Sybaris provides an unprecedented amount of space. Her giant fly bridge measures up to 117m2 and reflects the truly sophisticated lifestyle inside and out. The exterior spaces lead seamlessly into the interiors, with PH Designs imbuing the yacht with an effortlessly cool demeanour in what is the studio’s first ever yacht project.

Titanium is a running feature throughout the yacht, formed by specialist craftsmen - brought in from the world of F1 - to create everything from exterior railings, leading into the striking interior ceilings and fixtures found across Sybaris.

The interior itself, matches the style and demeanour of Sybaris perfectly. The open plan-layout provides unbroken space which is filled with custom-designed furniture, storage and decorations which provide a clean, modern style that acts as a muted backdrop to the bold works of art from the owners private collection, set to be installed in the coming weeks.

Instead of built-in credenzas, for example, the 151m2 main salon features sculpted pillars milled from solid titanium to support ‘floating’ travel trunks clad with alligator skin. “The effect is modern with a remote reminiscence of Old World travel,” says founder of PH Design, Peter Hawrylewicz. “The allure lies in the confluence of these two temperaments.”

A dramatic sculptural feature is the central staircase leading down to the lower deck and up to the fly bridge. Made of titanium with glass balustrades and treads of bleached American oak, the Class-approved laminated glass panels alone weigh over 600 kg each, requiring reinforced beams fore and aft of the stairwell to support the structure.

To blur the boundary between the inside and outside environments, the titanium ceilings panels in the main salon continue through the glass sliding doors into the aft cockpit and softly bounce the illumination from the LED lighting recessed within.

The same reasoning has been applied to the flooring, where the extra-wide planks of teak in the cockpit are mirrored in the oak floorboards of the main salon. This is just one area which perfects the theme of the minimalist materials used, principally titanium, bleached oak and Bianco Assoluto marble with hints of bronze in the custom-built furnishings.

This is a yacht built for the pursuit of pleasure, with each design and construction party working under the vision of Bill Duker, who commented: “It’s been for me more than a creation of a high performance yacht, more than the creation of a beautiful piece of art, it’s been the thing that’s bound me and my son.”

We look forward to bringing you more on the interior of Sybaris in a dedicated interview with her designers, more about the journey of Sybaris’ creation and a closer look on board during her debut at the upcoming Monaco Yacht Show in September.

"It’s been for me more than a creation of a high performance yacht, more than the creation of a beautiful piece of art, it’s been the thing that’s bound me and my son." Bill Duker - Owner of Sybaris

"It’s been for me more than a creation of a high performance yacht, more than the creation of a beautiful piece of art, it’s been the thing that’s bound me and my son."

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Step aboard 230-foot sailing superyacht Sybaris, owned by William Duker

The same owner as the newly listed $65M Apogee penthouse

A goliath sailing veseel out at sea

The reason William Duker just listed his Apogee penthouse (for $65 million) in Miami Beach is to travel around the world on his marvelous sailing superyacht.

Meet the 230-foot Sybaris, which is currently docked near the Miami Beach Marina off Terminal Isle. Launched in May, it is one of the largest sailing yachts on earth, and came to life after Duker beat cancer, per Boat International .

He set out to build a statement vessel.

“The boat kept growing in order to bring the lines down and make it look as sleek as it does. We thought it’d be a 56 metre, but then I started thinking that it had to be special, it had to be different. And there are already 10 or 11 or so 56 metres; I didn’t want hull number 12. I wanted something people could see from half a mile away and say, ‘Hey, there’s Sybaris ’,” Duker says.

Check out Duker’s favorite features.

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A glimpse of the S/Y Sybaris – the 70m sailing yacht with the Best Interior this year

Inside S/Y Sybaris – the 70m sailing yacht with the Best Interior this year.

Perini Navi 70m S/Y Sybaris won “Best Interior Award” at 2016 Monaco Yacht Show. From 28 September to 1 October 2016, the 26th Monaco Yacht Show celebrated the best that Superyachts have on offer with 34,000 participants from around the world.

Delivered to her owner, American Bill Duker, earlier this month Sybaris sailing yacht is the latest addition to Perini Navi’s fleet of 61 superyachts . Designed and built by Perini Navi, with input from Philippe Briand on the hull lines and sail plan, the 70m ketch is the largest sailing yacht ever built in Italy (877 GT) and second in the Perini Navi fleet to the iconic Maltese Falcon (88m).

Combining Perini Navi’s continuous research into new technical solutions, the original design was thoroughly revisited and has resulted in an extraordinary yacht, one which captures the advanced engineering and styling that define a Perini Navi. The 70m S/Y Sybaris was presented with the ‘Best Interior’ award for her stunning interiors masterminded by PH Design of Miami.

The brand new sailing yacht built by the Italian shipyard was awarded for the design and bespoke work made on her interior areas made by the yacht designers Peter Hawrylewicz and Ken Lieber. The award was given on stage to her owner Bill Duker.

“A Perini is not only a yacht, it is a style of life and Sybaris proves this,” commented Fabio Boschi, President of Perini Navi on the occasion of the press presentation onboard Sybaris.

Perini Navi also showcased the 38m S/Y Dahlak. Both Sybaris and Dahlak feature Perini Navi’s latest generation sail handling and stored power systems.

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Bill Duker Luxury Yacht – Sybaris

Luxury Sailing Yacht Sybaris is a 70 m / 229′8″ sailing vessel. She was built by Perini Navi in 2016.

With a beam of 13.24 m and a draft of 4.54 m, she has an aluminium hull and aluminium superstructure. She is powered by MTU engines of 1930 hp each. The sailing yacht can accommodate guests in cabins and an exterior design by Philippe Briand.

best sailing yacht

Commissioned for serial yacht owner Bill Duker, Sybaris is one of the largest yachts built by Italian yard Perini Navi to date, second only to the 88 metre Maltese Falcon.

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Luxury Sailing Yacht Sybaris Awards

Monaco Yacht Show 2016 – Best Interior

Show Boats Design Awards Best Interior Layout & Design

Show Boats Design Awards Best Lighting Design

Show Boats Design Awards Newcomer of the Year PH Design

Her carbon-fiber rig includes two masts, which measure 72 and 62 metre’s respectively. Naval architecture, exterior design and sail plan optimization are all by Philippe Briand, while her interiors were styled by PH Design. Accommodation is for 12 guests, split across six cabins, and her total interior volume of 870 gross tonne’s also allows for a crew of up to 11.

sybaris

Luxury Sailing Yacht Sybaris Interior

deck

The subtle nature of Sybaris, even with her imposing 72 and 61 metre main and mizzen masts, is astounding. The performance under sail has the makings of a cutting-edge classic, and the resounding core of her creation is to house art, while becoming a masterpiece herself.

cockpit and captain working place of a expensive sailing yacht

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Rich Guy Yachts Just Keep Getting Longer

“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,” american yachtsman bill duker said..

The $300 million Amadea, linked by the United States to billionaire Russian politician Suleiman Kerimov, a target of sanctions, was impounded on arrival in Fiji in April at Washington’s request.

In case you need an even stronger indication that normal people are being taken for a ride in late-stage capitalism: historic inflation is being accompanied by a worldwide boom in the number of billionaires. All these new members of the ultra wealthy are buying super, mega and “giga” yachts to set them apart from land-based poors.

There are so many deeply incredible and infuriating pieces of information from this New Yorker story about the world of private yachts that I’m going to encourage you to spend time reading the whole in-depth piece. Here’s a few bits that caught my eye, like describing a different kind of embarrassment of riches: having too small a yacht.

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.

Or this portion, describing the amount of both pollution and wealthy self-awareness generated by these giants:

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.”

But what these big-ass boats really represent to their ultra-wealthy owners is the largest waste of money possible, or as Silicone Valley CEO put it, ““absorb the most excess capital.”

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.”

Check out the whole story to see how the other side lives. It might motivate you to sharpen up the old guillotine blades while you’re at it.

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The Haves and the Have-Yachts

By Evan Osnos

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.

Angry child yells at music teacher.

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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Bill Duker Wikipedia, Software, Billionaire, Yacht, Miami, Net Worth

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By sayyed ayan

Published on: September 20, 2023

Bill Duker Wikipedia, Software, Billionaire, Yacht, Miami, Net Worth

Table of Contents

Bill Duker Wikipedia, Software, Billionaire, Yacht, Miami, Net Worth – Bill Duker is a name you might not have heard of, but he’s a man with a lot going on in his life. He’s a lawyer, a businessman, and a philanthropist, all rolled into one. Let’s take a closer look at the different aspects of his life.

Bill Duker Wikipedia, Software, Billionaire, Yacht, Miami, Net Worth

Bill Duker Early Life & Family

Bill Duker wasn’t born into a regular family. He grew up in a family of entrepreneurs, where the world of business was a common topic at the dinner table. This early exposure to business had a profound impact on young Bill. He was fascinated by the intricacies of running a business and was determined to make his mark in this world.

Bill Duker Education

To make that mark, Bill knew he needed a solid education. He completed his Bachelor of Arts (BA) from a prestigious university, setting the foundation for his future success. However, he didn’t stop there. Bill’s ambition led him to Harvard Law School, where he excelled academically, graduating with honors. His academic achievements paved the way for a promising career in law.

Bill Duker Professional Life

Bill Duker’s journey in the professional world has been marked by hard work and determination. He started his career as a lawyer, working at different firms before deciding to take the entrepreneurial route. He founded Amici LLC, a company that provides support and services to businesses. This step into the business world was a significant one for Bill, and it opened up new avenues for him to explore.

Bill Duker Personal Life

In his personal life, Bill Duker is a man deeply in love with his wife, Sharon. Their relationship is a source of strength for both of them, helping them weather even the toughest storms. Bill often speaks of Sharon as his soulmate, and their bond is evident in the way they support and care for each other. For Bill, Sharon is the light of his life, and he cherishes every moment they share.

Bill Duker Yearly Earnings, Monthly Income, and Salary

Bill Duker’s annual income is approximately $15 million, translating to a monthly income of around $1.2 million. On a daily basis, he earns roughly $41,000. These figures might seem staggering, but they reflect the demands and expenses that come with a career in law. Bill’s dedication to his work and his commitment to justice are what drive these earnings.

Bill Duker Wikipedia, Software, Billionaire, Yacht, Miami, Net Worth

Bill Duker Age, Height, and Weight

Bill Duker is currently 68 years old. He stands at 5 feet 6 inches tall and weighs around 78 kg. His age and experience make him a seasoned lawyer who has assisted numerous people with their legal issues. His height and weight are just numbers; what truly defines Bill is his kindness and his willingness to help those in need.

Business Ventures

Amici LLC is just one of Bill Duker’s business ventures. He has also been involved in other businesses, including a software development company and a real estate investment firm. These ventures speak to his versatility and ability to navigate diverse industries. It’s clear that Bill has an entrepreneurial spirit and a knack for making smart business decisions.

Bill Duker Philanthropy

Beyond his professional success, Bill Duker is also known for his philanthropic endeavors. He’s a man with a big heart and a strong belief in giving back to the community. He’s donated to numerous charities and causes, demonstrating his commitment to making the world a better place. Bill understands the importance of using his wealth and influence for the greater good.

Bill Duker Wikipedia, Software, Billionaire, Yacht, Miami, Net Worth

Bill Duker Social Media Accounts

In conclusion, Bill Duker is a multi-talented individual who has made a name for himself in the worlds of law, business, and philanthropy. His journey from a family of entrepreneurs to a successful lawyer and entrepreneur is a testament to his hard work and determination. Moreover, his dedication to justice, love for his wife, and commitment to giving back to the community make him a well-rounded and admirable figure. While his net worth and income are impressive, they are merely a reflection of his dedication to his various pursuits. Bill Duker is a man who exemplifies the power of determination, education, and a giving heart.

Who is Bill Duker, and what does he do?

Bill Duker is a lawyer, businessman, and philanthropist. He is involved in various business ventures, including founding Amici LLC, and he’s known for his commitment to justice and charitable contributions.

What is Bill Duker’s net worth?

Bill Duker’s net worth is estimated to be $3 million.

How much does Bill Duker earn annually, monthly, and daily?

Bill Duker earns around $15 million annually, which translates to approximately $1.2 million per month and about $41,000 per day. However, it’s important to note that lawyers often have substantial expenses.

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New cape coral yacht club designs: most on council like a coastal, key west vibe.

bill duker new yacht

Given three different design options for the new Yacht Club Community Center , most of the Cape Coral City Council is leaning toward a coastal, Key West-flavor architecture.

At a committee of the whole meeting on Wednesday, the city sought direction from the council on a design direction for the outside of the community building.

"It's a concept, just like we do with anything else, and as we are designing, things may come up that we want to shift and be nimble (on)," said Cape Coral City Manager Michael Ilczyszyn.

James Pankonin with Kimley Horn, a consulting firm focusing on public and private developments, presented the information about the look of the community building.

Cape Coral's Yacht Club Community Park, which includes a yacht basin, tennis courts, a swimming pool, a ballroom, and a beach, has been a popular attraction and staple for the city since the 1960s but is set to undergo major renovations after Hurricane Ian delayed the original plans .

The current plans include a new two-story community center to replace the ballroom, removing the tennis courts, rearranging the area to accommodate a four-story parking garage, a new restaurant, and a new resort-style pool.

The city is also preparing for the demolition of the Yacht Club and its facilities in April as it awaits permits.

No estimates could be provided for the price of the new building.

"It will really come into how much of certain materials are needed and construction methods," Ilczyszyn said.

The city will have that information once they have 30% of the construction design.

Two public meetings for the designs are planned for April 2 and May 7.

After getting public input, the city will vote to amend its contract with Kimley Horn to approve all these changes.

The plan is to have these changes approved or introduced before the summer hiatus.

Previous Coverage Demolition of Cape Coral's Yacht Club slated for April will cost almost $1 million

Cape Coral community news Courtyards of Cape Coral South sets bingo fundraiser for residents still affected by Ian

New Designs for the Yacht Club building

John Bryant with Sweet Sparkman Architecture and Interiors, a Sarasota-based design firm, said the goal with the new designs was to maintain the experience of the original Yacht Club.

The majority of the council preferred option one.

Design one:

Bryant described the first option as "coastal vernacular" and similar to the park buildings at Lake Kennedy and Yellow Fever Creek.

"So it's sort of informed by the current architectural work in 2024," Bryant said. "Kinda Key West."

Councilmember Dan Sheppard and Mayor John Gunter preferred option one.

Gunter said the design was the most pleasing for him.

Councilmember Keith Long liked option one and said he liked the Key West aesthetic.

Councilmember Tom Hayden liked option one.

Design two:

Option two is more informed by the current Yacht Club and would have a stone base and mid-century feel to it, according to Bryant.

"There's certainly opportunity to kind of further develop this option to have even more of the existing Yacht Club feel, but a different vibe, feel than option one," Bryant said.

He also said option two might be more expressive the closer they try to recreate the aesthetic of the old ballroom building.

Councilmember Jessica Cosden liked design two as it incorporated design elements of the old building though she lamented how similar it looked to the first design.

"I wish we could have done more, but I know it's hard with a two-story building, to make it look the same as a very unique one-story building.

Councilmember Bill Steinke said two would be his choice as well, but was wary of additional maintenance of natural wood products used in the design.

"As long as we can bring that aesthetic and keep the maintenance down, number two would be my choice," Steinke said.

Councilmember Robert Welsh said he could go either way, but he liked the look of two.

Design three:

This would be more contemporary and modern.

"Even with a more contemporary language, you can still have warmth, incorporating some wood elements and stone elements," Bryant said.

None of the council members expressed any favorability for the third design.

Inside the new community center

The Community Center will have an additional 10,000 square feet for a total of 47,000 square feet, a history room to remember the first ballroom building on the first floor, and more rooms for civic and community use on the first floor.

Additionally, the new ballroom has shifted slightly as the balcony area on the second floor has been expanded to wrap around the top of the building.

bill duker new yacht

Moscow Mayor Reports Shooting Down of Unmanned Aerial Vehicle

In a recent announcement on his Telegram channel, Moscow Mayor Sergey Sobyanin revealed that an unmanned aerial vehicle (UAV) flying towards Moscow was shot down by air defense forces in the city district of Elektrostal, Moscow Oblast. According to preliminary information, there were no casualties or damage caused by the falling debris of the UAV.

Mayor Sobyanin further stated that emergency service specialists are currently working at the scene of the incident. This development comes after reports on the night of November 19th that air defense systems had destroyed a Ukrainian UAV over the Moscow region. The air defense forces successfully intercepted and shot down the unmanned aircraft in the Bogorodsky city district. Prior to this, Mayor Sobyanin had also reported the successful defense against an attack by a UAV heading towards Moscow.

It is worth noting that Russia has recently developed a new system for counteracting drones. This system aims to suppress the capabilities of unmanned aerial vehicles in order to ensure the safety and security of Russian airspace.

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Danneskjold owner: 'Crew ran for their lives in shipyard fire'

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The owner of the 32m sailing yacht Danneskjold has spoken exclusively to BOAT International after his yacht was destroyed in a fire at a shipyard in Newport, Rhode Island.

Owner Bill Duker said his crew were forced to “run for their lives” when a fire engulfed Danneskjold  and 30m Ocean Alexander 100 superyacht  Drinkability at the Hinckley Yachts yard in Portsmouth.

“They are very shaken – it all happened very fast,” he said, adding that at least one person was injured in the incident.

Both boats have been declared a total loss.

It is understood that the fire, which began on the morning of Friday, December 10, originated on Drinkability , which was in a travel lift while shipyard staff worked on the bottom of the boat. Danneskjold , which was at the yard undergoing maintenance work, was positioned alongside Drinkability .

While there has not yet been an official announcement about the cause of the fire, fingers have been pointed at the proximity of propane heaters to some hay bales, which were nearby Drinkability .

Duker said he was informed about the fire by a member of crew. “I got a call saying, ‘the boat’s gone. It’s consumed by fire – it’s a total loss.’”

He added that his first concern was for his crew. “For us, it’s a financial issue but for them, it’s their home and their jobs and all the plans they had made,” he said. “We’ve assured them that we’ll make sure they’re ok.”

Duker, who only bought Danneskjold at the end of October , added that he hadn’t even had the chance to step on board. “I never spent a night on the boat.”

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bill duker new yacht

To celebrate _Sybaris _being named Sailing Yacht of the Year at the World Superyacht Awards 2017, we bring you this interview from our archive, in which Duker gave us the inside story on the build of the Perini Navi yacht. Superyacht owner Bill Duker was always the man with a plan - until, as he tells Stewart Campbell and Sacha Bonsor, a health scare forced his life philosophy to change.

Art-loving, sailing-obsessed yacht owner Bill Duker has poured his life's passions into Sybaris. Marilyn Mower tours this ground-breaking and life-changing 70 metre ketch. "When my son, West, was about seven years old, I bought a Palmer Johnson sailing yacht named Shanakee. We would go sailing and imagine what our perfect yacht would be like.

Bill Duker, owner of the newly launched 70m sailing yacht Sybaris, discusses his original vision for the project as well as his favourite features on board.F...

The yacht was built for Bill Duker. Who is Bill Duker? He is a former New York lawyer, who later founded Amici LLC. He was born in 1954. He is married to Sharon. They have a son named West. Duker was the owner of the sailing yacht Sybaris and the Feadship motor yacht Rasselas. He sold Sybaris in 2018. Amici

Video: Serial yacht owner Bill Duker discusses superyacht Sybaris. The Perini Navi sailing yacht Sybaris, one of the largest superyachts at the 2016 Monaco Yacht Show, was launched earlier this year. The 70 metre ketch is an instant icon and the biggest yacht to ever have been built in Italy. This incredible sailing yacht was commissioned by ...

The launch of a new yacht often signifies the realisation of a dream. For Bill Duker, that dream is 20 years in the making. From the days of sittin...

The same owner as the newly listed $65M Apogee penthouse. By Josh Baumgard Dec 2, 2016, 10:50am EST. Sybaris is the reason William Duker is selling his $65M penthouse. via Boat International. The ...

Bill Duker (image by Justin Ratcliffe) "This is obviously an exciting time for us," said American owner Bill Duker in La Spezia. "Sybaris is a project that started a very long time ago when my son and I would sit in the aft cockpit of the boat we then had, Shanakee, and talk about the boat of our dreams. Over the past 20 years that dream ...

The brand new sailing yacht built by the Italian shipyard was awarded for the design and bespoke work made on her interior areas made by the yacht designers Peter Hawrylewicz and Ken Lieber. The award was given on stage to her owner Bill Duker. "A Perini is not only a yacht, it is a style of life and Sybaris proves this," commented Fabio ...

Mega Yacht. Luxury Sailing Yacht Sybaris is a 70 m / 229′8″ sailing vessel. She was built by Perini Navi in 2016. With a beam of 13.24 m and a draft of 4.54 m, she has an aluminium hull and aluminium superstructure. She is powered by MTU engines of 1930 hp each. The sailing yacht can accommodate guests in cabins and an exterior design by ...

But as I learned during a recent chat with Bill Duker in Monaco—the proud owner of this 230-foot-long, two-masted technological and architectural marvel—the awards the yacht might win hardly ...

Owned by software tycoon Bill Duker, the yacht was created by PH Design with a contemporary, minimalist and avant garde design showcasing and lighting Duker's modern art collection.

Offering serious, practical and theoretical advice, alongside experiences, the magazine continues to deliver indispensable reading for new or existing superyacht owners. Bill Duker, who we're delighted to feature on the cover, is owner of 70m Perini Navi Sybaris, launching in 2015. Passionate about the build process as much as he is excited ...

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 ...

Bill Duker Yearly Earnings, Monthly Income, and Salary. Bill Duker's annual income is approximately $15 million, translating to a monthly income of around $1.2 million. On a daily basis, he earns roughly $41,000. These figures might seem staggering, but they reflect the demands and expenses that come with a career in law.

As first yacht interior design commissions go, 70 metre sailing yacht Sybaris is quite the debut performance. Peter Hawrylewicz, co-founder of PH Design, takes us inside the creation of Bill Duker's beautiful yacht and expands on his design ethos.. I was shocked when Bill Duker asked us to design his Perini Sybaris.He'd been a client for years but we'd never done a yacht and there were ...

Offering serious, practical and theoretical advice, alongside very real experiences from owners, the magazine continues to deliver indispensable reading for those new to ownership, or for existing owners. Bill Duker, who we're delighted to feature on this issue's cover, is owner of 70m Perini Navi Sybaris, due for launch in 2015. Passionate ...

Sunreef Yachts. It's obvious the new facility is an important part of Sunreef Yachts' global expansion strategy that will not only strengthen the company's presence in the Middle East, but ...

Given three different design options for the new Yacht Club Community Center, most of the Cape Coral City Council is leaning toward a coastal, Key West-flavor architecture.. At a committee of the ...

A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings. The Justice Department is seeking ...

Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. Get the latest business insights from Dun & Bradstreet.

Your source for the latest news at home and abroad

Majesty Yachts • 33.05 m • 10 guests • $6,450,000. Owner Bill Duker said his crew were forced to "run for their lives" when a fire engulfed Danneskjold and 30m Ocean Alexander 100 superyacht Drinkability at the Hinckley Yachts yard in Portsmouth.

Ukrainian military had 64 combat engagements with Russian forces near Synkivka of Kharkiv region, south to Terny and Vesele of Donetsk region, Klischiyivka and Andriyivka of Donetsk region, near Novobakhmutivka, Avdiyivka, Syeverne, Pervomayske and Nevelske of Donetsk region, Heorhiyivka, Pobyeda and Novomykhaylivka of Donetsk region, Staromayorske of Donetsk region, at the east bank of Dnipro ...

Constructing a new custom house is a huge and multifaceted undertaking, so it's important to find custom house builders in Elektrostal', Moscow Oblast, Russia you can trust to bring your vision to life, as well as keep the process under control from start to finish. Although a construction job is never without surprises and challenges ...

new superyacht marinas

See Mark Zuckerberg’s glossy new $300M, 287-foot superyacht ‘Launchpad’

All aboard S.S. Facebook.

Mark Zuckerberg has reportedly gifted himself a $300 million megayacht, dubbed “Launchpad,” ahead of his 40th birthday.

The staggering 387-foot-long vessel was seen floating at Port Everglades in Fort Lauderdale, Fla., after arriving at its berth earlier this week, The Sun reported Thursday.

The multi-layered luxury ship’s sleek exterior was designed by Espen Øino International and boasts a steel hull and an aluminum superstructure, according to SuperYacht Times.

Reportedly ranking as the 45th largest yacht in the world, the interiors are just as aesthetically pleasing and reportedly executed by Zuretti Interior Design company, a France-based company specializing in unique and custom yacht design.

The breathtakingly beautiful floater stands out with a navy blue theme matching an American flag perched proudly on its wood-paneled stern.

There are several outdoor areas where the social media maven will be able to relax with his family and the indoor levels feature glass paneling allowing for tons of natural light.

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There also appears to be a helipad perfect for whenever the Facebook co-founder wants to travel to his vessel by air.

The Feadship-built yacht, built in 2022, can comfortably fit 24 guests aboard, requires a crew of 48, and is said to cost $30 million a year for upkeep and usage, according to Superyachtfan.com .

Boatworld insiders have been buzzing with speculation that Zuckerberg is the owner of the newly minted mega-cruise ever since it made its main voyage from the Netherlands last week.

The tech titan was spotted touring the Russian-commissioned megayacht in early March, though the impressive boat didn’t arrive stateside until this week due to sanctions, according to The Sun.

The website reported that Zuckerberg purchased the pricey yacht – along with its own $30 million partner boat — most likely as an early 40th birthday present to himself.

The boat reportedly traveled to Florida after being granted special permission to be imported just weeks ahead of Zuckerberg’s birthday on May 14.

Zuckerberg’s yacht is just 30 feet shorter than the length of fellow billionaire Jeff Bezos’ 417-foot megayacht Koru, which the Amazon boss snagged for a whopping $500 million.

Zuckerberg’s rep did not immediately respond to Page Six’s request for comment.

See Mark Zuckerberg’s glossy new $300M, 287-foot superyacht ‘Launchpad’

The owner of a $3.4 million Lamborghini yacht screamed 'I will kill you' and threw $100 bills into the water when told he couldn't use a private dock

  • The owner of a Lamborghini yacht threatened a private dock employee, per CBS8.
  • The employee said Ajay Thakore mooned and threw cash at him after being told he couldn't use the dock.
  • Thakore, the CEO of Doctor Multimedia, issued an apology through his public relations team.

Insider Today

The owner of a $3.4 million Lamborghini yacht threatened a private dock employee after being told he couldn't be there, the San Diego-based broadcaster CBS8 reported on March 11.

Joseph Holt, a 21-year-old employee at Marriot Marina in San Diego, told CBS8 that he spotted the yacht sailing into the private dock. The owner, whom CBS8 identified as Ajay Thakore, tried to pick another person up at the dock, Holt said.

"I told him respectfully that he couldn't be there, and I honestly was hoping to have a conversation with him about his cool boat," Holt told CBS8.

In a YouTube video posted by @SM-wc9eq on March 10, a dark blue Tecnomar for Lamborghini 63 is seen sailing out of a dock. A man in a gray T-shirt, a pair of jeans, and a cap was shown standing on the yacht. The man appeared to be Thakore, per CBS8.

Thakore was shown shouting at Holt. "I will kill you, you know I will kill you!" he can be heard saying multiple times in the video

Thakore was later shown pounding his fist on his palm and pointing his thumb down before telling Holt: "To your face!" Holt was shown responding by pointing his middle finger at Thakore.

"I really was trying to restrain myself from getting fired from my job or stepping out of line. The only thing I did was give him the bird," Holt told CBS8.

Related stories

Holt said Thakore then took $100 bills from his wallet and threw them at him. He added that Thakore mooned him. This exchange was not shown in the video.

"He was saying I'm nobody, I'm nothing, I work a silly job. He said that he knows people, he has connections, he can change my life and ruin it," Holt said. Holt did not immediately respond to Business Insider's request for comment.

The San Diego Harbor Police arrived at the marina 10 minutes after Thakore's yacht exited the dock, per CBS8.

The Harbor Police told Business Insider that Holt decided to press charges against Thakore and that they are investigating the incident.

According to Thakore's LinkedIn page , he's the CEO of Doctor Multimedia. The company's website shows that it's a healthcare marketing firm based in San Diego. Thakore appears to go by the name Ace Rogers on Instagram and TikTok, where he's noted as being a professional gambler.

Thakore, through his public relations team, told CBS8 in a statement that his altercation with Holt was "regrettable."

"What started as a minor misunderstanding escalated into an argument, and I apologize for my actions and to those who witnessed the unfortunate exchange," the statement said. Thakore did not immediately respond to a request for comment from BI.

Thakore isn't the only CEO who's been called out for threatening another person. In November 2021, an Activision spokesperson told BI that its ex-CEO Bobby Kotick had previously apologized for telling his assistant he would have her killed. The spokesperson added that Kotick's threat was "obviously hyperbolic and inappropriate" and that "he deeply regrets the exaggeration and tone."

In June 2020, Lisa Alexander, the CEO of LaFace Skincare, a cosmetics company, apologized in a statement to the media after she had threatened to call the police on her neighbor for writing "Black Lives Matter" on his property. Alexander said in the apology that she was "disrespectful" and "should have minded my own business."

March 21, 2024: This story has been updated with Harbor Police's comments.

Watch: The scariest things OceanGate's CEO said about deep-sea diving

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This Insane Submarine Concept Doubles as a 107-Foot Superyacht

The deep sea dreamer can also function as a superyacht for above-water exploration., rachel cormack.

Digital Editor

Rachel Cormack's Most Recent Stories

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This New High-Performance Electric RIB Can Hit a Ferocious 50 Knots at Full Tilt

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Deep Sea Dreamer Submarine Concept

Steve Kozloff is making his marine dream a reality.

Related Stories

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Deep Sea Dreamer Submarine Concept

Built for extended expeditions, the Dreamer is equipped with a hybrid diesel-electric propulsion system comprised of two Cummins engines, one electric motor, and 10 directional thrusters. During long voyages, the vessel cruises just below the waterline, with a fixed dorsal providing fresh air to the interior and the genset while expelling the exhaust. Kozloff says this submerged cruising position results in exceptional range, decent speeds, and smooth conditions. The sub has an estimated cruising speed of 6 knots, a maximum speed of 10 knots, and a go-anywhere range of 6,000 miles.

In addition, the Dreamer can dive to 328 feet and travel up to 100 miles on silent, electric power. The sub can also remain firmly planted on the ocean floor for up to seven days, with the onboard batteries providing power for the week.

Explorers will traverse the seas in the lap of luxury, too. The plush living quarters are akin to that of a superyacht . The two distinctive decks offer approximately 1,500 square feet of space for lounging and entertaining. Guests can easily travel between decks using the watertight elevator or ladder tube.

The sub remains a concept at this stage but Walt Disney once said, “If you can dream it, you can do it.”

Click here to see all the photos of the Deep Sea Dreamer.

Deep Sea Dreamer Submarine Concept

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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Sean 'Diddy' Combs accuser Lil Rod adds Cuba Gooding Jr. to sexual assault lawsuit

new superyacht marinas

Rodney "Lil Rod" Jones Jr. , the music producer who filed a lawsuit against Sean "Diddy" Combs last month, has officially accused Cuba Gooding Jr. of sexual assault, naming him as a defendant in his complaint amended Monday.

The civil lawsuit, filed in a New York federal district court, came hours after Homeland Security Investigations agents raided two of Combs' homes .

Jones previously named Gooding, 56, in his February lawsuit, accusing the actor of sexually harassing and assaulting him on a yacht rented by Combs, 54, in the U.S. Virgin Islands in January 2023. Gooding wasn't listed as a defendant until now.

USA TODAY has reached out to Gooding's rep for comment.

According to the lawsuit, Combs attempted to "pass off" Jones to Gooding, introducing him to the Oscar-winning actor and leaving the two alone in a studio on Combs' yacht.

"Cuba Gooding Jr. began touching, groping, and fondling Mr. Jones' legs, his upper inner thighs near his groin, the small of his back near his buttocks and his shoulders," Jones' lawsuit alleges.

The complaint includes a photo that purportedly shows Gooding with his arm around Jones, along with a picture that allegedly shows Combs and Gooding talking on the yacht.

Combs "failed to step in and stop" Gooding from "sexually assaulting" Jones, the lawsuit states.

Original story: Sean 'Diddy' Combs accused of sexually assaulting 'The Love Album' producer in new lawsuit

Gooding  has faced several lawsuits  in recent years  over alleged sexual abuse , rape and forcible touching .

Jones' lawsuit has implicated other celebrities, including rapper Yung Miami , whose unnamed cousin was accused of sexual assault after she allegedly "burst into the bathroom and began groping" Jones during a gathering on Thanksgiving Day 2022. Jones also claims producer Stevie J helped recruit sex workers for Combs and participated in sex parties referred to as "freak-offs" (a term Combs allegedly used to refer to sexual encounters with sex workers) according to the lawsuit.

Jones worked with Combs on  his most recent record , "The Love Album: Off the Grid." According to Jones, he and Combs worked together between September 2022 and November 2023, a partnership that resulted in nine songs on "The Love Album" for which Jones is credited as a producer. Jones also alleges he was not paid for "13 months (and) thousands of hours of work."

Diddy has denied Jones' allegations against him.

Diddy sex trafficking suit: Mogul's parties with celebs like Prince Harry provided 'legitimacy'

Though he is not accused of wrongdoing, the lawsuit names Prince Harry as an example of how Diddy's parties as a "popular and highly influential" figure provided great benefit to the lawsuit's other defendants, Universal Music Group and Motown Records.

"Affiliation with ... Combs garnered legitimacy, immense success, and access to top and emerging artists, celebrities, famous athletes, political figures, musicians, and international dignitaries" including "Prince Harry."

Diddy's homes in New York, Miami raided by Homeland Security Investigations

The amended lawsuit follows the reported raid of two of Combs' homes. The homes were reportedly searched by HSI on Monday as part of a federal investigation.

Federal officials raided Combs' Los Angeles home Monday, according to  Rolling Stone  and local Los Angeles news station  Fox 11 , amid  lawsuits  filed against him from accusers alleging the rapper and music mogul has  raped  or  sexually assaulted  them. Agents also searched Combs' Miami residence Monday, Rolling Stone and  The Associated Press  reported.

If you or someone you know has experienced sexual violence, RAINN’s National Sexual Assault Hotline offers free, confidential, 24/7 support to survivors and their loved ones in English and Spanish at: 800.656.HOPE (4673) and  Hotline.RAINN.org  and en Español  RAINN.org/es .

Contributing: KiMi Robinson

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Susan Hall

If Tories who want to run the capital think London is in New York, shouldn’t we be worried?

Marina Hyde

It was crazy to flag up UK crime using footage of the NY subway. But then, Susan Hall is the candidate: wisdom’s in short supply

S o sad to see the Conservative party talking down Britain in its new attack ad for the London mayoral elections, which – among other deliberate and unethical lies – included footage of commuters fleeing false reports of gunfire in New York’s Penn station in 2017. That bit has now been edited out , but what remains of the ad purports to be a 90-second portrait of life in the capital since London mayor Sadiq Khan “seized power”. Given that Khan has twice won the London mayoralty in free and fair votes, this feels somewhat punchy talk from a party led by an unelected man who himself “seized power” from the salad-vanquished political corpse of an unelected woman.

But look, what’s the worst that can happen if political parties tell blatant untruths to people, debase campaigning standards and conduct knowing assaults on trust? If only there were places in the world to which we could point in order to answer that question.

If you haven’t seen this advert, it’s a grainy black-and-white montage supposedly showing life in “a crime capital of the world” (London). Apart from all the obviously disprovable fakery and dishonest manipulations and misrepresentations that we’ll come to in a minute, the entire ad is inexplicably voiced by an actor doing a bad American accent. Why? He doesn’t even go here . And yes – I get that on the one hand, this opens me up to the possibility of the actor who voiced the ad identifying himself and crossly declaring himself to be an actual American, perhaps hailing from one of the regions where they have unconvincing American accents.

On the other hand, this course of action would involve him identifying himself as the person who voiced this embarrassing ad, so … I’m feeling relatively safe. Indeed, given I live in London I am feeling relatively safe anyway, what with the Crime Survey for England and Wales reporting that residents of the capital are less likely to be victims of crime than across the country as a whole.

Anyway: the ad. Suffice to say that every creative decision taken on the script seems to have been signed off by a beta version of ChatGPT or someone who has suffered a recent head trauma. Sample writing: “Gripped by the tendrils of rising crime, London’s citizens stay inside … the metropolis teetering on the brink of chaos.”

“In the depths of these narrow passageways,” growls the unconvincing American, “tread squads of Ulez enforcers, dressed in black, faces covered with masks, terrorising communities.” Mm. But do they?

'Not how I would put it': Grant Shapps on Tory MP's claim ‘Islamists’ control Sadiq Khan – video

Of similar concern is the decision to use a scare graph that, upon closer inspection, appears to resemble a graph showing crime in England and Wales significantly overtaking crime in London . But hey, it’s a graph, it looks the part, it’s got two lines crossing in a way that looks the right stripe of worrying.

The wider purpose of the ad is an attempt to cast London as a Gotham desperately in need of a Batman. Off the back of that statement, can I bring myself to type the words “Enter Susan Hall”? Yes I think I can, just for the mirthless laugh. Enter Susan Hall. If you’re not familiar with Susan, she’s the Conservative candidate running against Khan, and is arguably the final form in a long series of Tory mayoral hopefuls of whom the only question that can ever be asked is, “Oh wow – where on earth did they find that one?”

Where DID they find Susan? Possibly on account of her lurid social media history, she’s been described as a populist, and for much of her time since selection has come off as the best kind of populist – one who is not very popular. Having said that, the picture has distinctly shifted in recent months , and noises from the Labour campaign are increasingly strangulated. There is at least a small possibility that Hall could win – which would ironically be one of the most compelling arguments that London is having some form of existential crisis.

None of which is to suggest that Khan is the most exceptional of rivals. For my money he has been a very indifferent mayor, and anyone seeking a third term should be expected to be judged and attacked on their record. But the fact that he isn’t, in ads like this, does matter. It does matter if parties fake scenes of terror in a London Underground station that turns out to be in New York. It does matter if untruths are told because it’s easier than fighting truthfully. And – as discussed here previously – it matters when the other side do it too. It mattered when Keir Starmer decided to release an attack ad featuring a picture of a grinning Rishi Sunak and the slogan: “Do you think adults convicted of sexually assaulting children should go to prison? Rishi Sunak doesn’t.”

All of these things matter and don’t result in anything good. We already know where assaults on truth lead, because we’ve seen them happen in other countries and in some cases our own, and people on all sides have spent a lot of the past decade lamenting it. The tragedy is that we all know it, and even the people who come up with the ads know it – but they’re still doing it because they think that it works in the very short term. Yet in the long term, it really, really doesn’t – which makes doing it anyway pretty criminal in itself.

Marina Hyde is a Guardian columnist

  • Mayoral elections
  • Conservatives
  • City mayors
  • Local politics

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