It is impressive to see how the average size of the Top 100 largest yachts has grown in the last few years.
London (PRWEB UK) 2 January 2014
Published in the January 2014 edition of the magazine, and online at boatinternational.com, the top 100 list shows that the delivery of the 180 metre superyacht Azzam has pushed Roman Abramovich’s 162.5 metre yacht Eclipse into second place after dominating the Top 100 list since her launch in 2010. Azzam, at a staggering 17.5 metres longer than Eclipse and boasting an innovative waterjet drive system that propels her to over 31.5 knots, was built by the Lürssen yard in Germany – reputedly for the Abu Dhabi Royal family – and becomes the new largest yacht in the world.
There is plenty of movement at the other end of the list too. When Boat International's Top 100 was first put together in 1990, the smallest vessel to make the list was the 44.83 metre Paraiso; this year’s No.100, Reborn, comes in at 75.5 metres overall length.
“We can see from our statistics that there continues to be a steady number of 70 metre-plus superyachts built each year, with new design ideas passing down to smaller projects,” comments Tony Harris, CEO of Boat International Media, publisher of Boat International.
“We pride ourselves on producing the most current data in the industry,” Harris says.
“It is impressive to see how the average size of the Top 100 largest yachts has grown in the last few years,” says Tim Thomas, Editor of Boat International, “and the most amazing thing is that, in spite of the 2008 crash and the global financial crisis, the number of new luxury yachts being built at the very top end shows no signs of slowing down. Indeed, we know of 17 yachts currently in build that are over 100 metres in length, with another two rumoured to be starting shortly.
“We can expect another 12 Top 100 launches in 2014 that will push the entry point to well over 77 metres in length – a size that was considered remarkable just a decade ago. We estimate the replacement cost of the current Top 100 largest yachts to be well in excess of $10 billion,” Thomas continues.
Expected deliveries for 2014 show how the size of the 100 largest privately owned superyachts continues to grow.
Due for delivery in 2014 is the 140 metre motor yacht Victory, built by Fincantieri Yachts and the largest yacht yet built in Italy; she is one of seven 100-metre-plus yachts due to launch in the next 12 months.
Notable yachts in this year’s List include the 99 metre Feadship Madame Gu, at No.30, with exterior and interior design by British designer Andrew Winch. She is the largest yacht yet built in the Netherlands, and features, among other things, a helicopter hangar under the foredeck. At the lower end of the list, Hampshire II is a 78.5 metre yacht designed for a sports-loving owner that has its own basketball court and features a helicopter platform that can be transformed into a playing field for basketball, tennis, baseball, badminton and football.
The fastest megayacht in the Top 100 is the Feadship Ecstasea, which can propel her 85.95 metres to 35 knots. Another Feadship in the List, 78.2 metre Venus, is widely purported to have been ordered by late Apple founder Steve Jobs. Philippe Starck styled the unusual exterior and the interior with the owner, and she was engineered by De Voogt Naval Architects.
What This Means for the Industry
While extra metres create additional work for the industry, because of the necessary increase in materials, engineering, labour, staff and crew, these giants also require new solutions, particularly from designers.
“The development of the superyacht industry, and in particular the largest yachts in the world, means not only a development of new design and creative skills, but also a development of technologies and skills across the board,” Thomas concludes. “The knock-on effect from this handful of giant toys is extraordinary, creating tens of thousands of jobs around the world in everything from initial design and engineering to ongoing support and supply.”
For the full list, go to boatinternational.com/yachts/the-register.
About Boat International Media
Boat International Media is the world’s leading media group serving superyacht owners from around the globe, publishing the world’s best superyacht magazines and luxury books. It organises high quality events, and provides digital media services and data to owners and professionals in the superyacht industry. Boat International Media produces more than 1.4 million magazines each year, which sell in more than 57 countries worldwide and are published in six languages.
For further information contact Caroline White, Assistant Editor, Boat International on: caroline.white(at)boatinternationalmedia(dot)com or +44 (0)20 8545 9376.