super yachts 60million+

[Burwood]

I think that is the yacht. It's a bit difficult to hide

[LimaDelta]

PW said:

Burwood said:

PW, this is the yacht i was talking about. It is Lurssen. They are pretty secretive and i don't ask about the details. It's immense though 146M

Could be this that went into one of the sheds last year

https://www.flickr.com/photos/drduu/30746327030/in...

p1stonhead said:

i guess its more like £2-3m-whatever/meter now?

I don't work directly for any owners. More of a subcontractor.

Given that so many people in the industry spend quite a lot of time and effort keeping ownership and costs confidential, it seems easier to let it pass me by than trying to find out, then worrying about breaking NDAs.

So I don't really know. It probably has gone up with inflation and the increasing complexity and technology that's been introduced over the years, but 2-3m/metre sounds a bit high as an average, but probably doable. S/Y A is potentially up there.

The problem is, people insist on comparing yachts by LOA, rather than GRT which is a much more accurate measure of the 'size' of the vessel. LOA makes sense when comparing small sailing yachts of similar shapes, but with superyachts it makes no sense. A 100m yacht is not twice the size of a 50m yacht, so you would not expect it to cost twice as much. A 50m yacht will have a GRT of about 800, whereas a 100m yacht will be around the 4000 mark, so in essence five times larger. The million-per-meter metric makes no sense. You may get a 50m boat for 50M EUR but a 100m boat is going to cost you a whole lot more! These figures are fag-packet and will vary with hull shape and deck space/superstructure size, but you can see how a 150m yacht with a GRT of maybe 10,000 is not going to leave you much change from half a billion squid.

GRT is a measure of space, the more space you have the more you have to pay your 20k /m3 interior designer to fill it.

[Burwood]

To be honest I don't even ponder the cost. It's a st load. A whole raft of criteria would drive the size and spec but also limited it. Cost isn't an issue at this hyper yacht level. It's not a billionaires world because having 1 or 2 wouldn't cut it. It's an annual income of same.

[J3JCV]

LimaDelta said:

The problem is, people insist on comparing yachts by LOA, rather than GRT which is a much more accurate measure of the 'size' of the vessel. LOA makes sense when comparing small sailing yachts of similar shapes, but with superyachts it makes no sense. A 100m yacht is not twice the size of a 50m yacht, so you would not expect it to cost twice as much. A 50m yacht will have a GRT of about 800, whereas a 100m yacht will be around the 4000 mark, so in essence five times larger. The million-per-meter metric makes no sense. You may get a 50m boat for 50M EUR but a 100m boat is going to cost you a whole lot more! These figures are fag-packet and will vary with hull shape and deck space/superstructure size, but you can see how a 150m yacht with a GRT of maybe 10,000 is not going to leave you much change from half a billion squid.

GRT is a measure of space, the more space you have the more you have to pay your 20k /m3 interior designer to fill it.

Glad you're talking sense on the cost of an interior - its the one thing people seem to struggle with!

[LimaDelta]

PW said:

Yes and no.

It's 5x the size but the number of components that make up the yacht doesn't automatically increase five fold - the owner doesn't walk into their suite and find 5 beds to choose from.

So, no it's not a linear increase in cost, but it's definitely not cubic either, and I think it was only ever intended as a very basic rule of thumb to give people a vague idea of the cost without having to do too much thinking or break out a calculator.

It's another good reason why I'm not worried about these things though.

When the volume increases the componentry and fit and fittings certainly do increase. There is no 'empty space'. Whether or not it is used by the owners is irrelevant. This coupled with increased machinery costs, heat loads and corresponding HVAC requirements, increased hotel load and correspondingly bigger generating plant mean it is very much a cubed increase in cost. Costs spiral as size goes up.

This is before you even take into consideration crew and operating costs. Typical 50m will have a dozen crew, a 100m nearer 50 crew, so again a four time increase in wages, not to mention bigger boats (tend to) pay more and have more rotational crew.

So from my experience I stand by my original estimates.

[LimaDelta]

J3JCV said:

Glad you're talking sense on the cost of an interior - its the one thing people seem to struggle with!

I've been doing this a while [/swings lamp]

[Burwood]

LimaDelta said:

PW said:

Yes and no.

It's 5x the size but the number of components that make up the yacht doesn't automatically increase five fold - the owner doesn't walk into their suite and find 5 beds to choose from.

So, no it's not a linear increase in cost, but it's definitely not cubic either, and I think it was only ever intended as a very basic rule of thumb to give people a vague idea of the cost without having to do too much thinking or break out a calculator.

It's another good reason why I'm not worried about these things though.

When the volume increases the componentry and fit and fittings certainly do increase. There is no 'empty space'. Whether or not it is used by the owners is irrelevant. This coupled with increased machinery costs, heat loads and corresponding HVAC requirements, increased hotel load and correspondingly bigger generating plant mean it is very much a cubed increase in cost. Costs spiral as size goes up.

This is before you even take into consideration crew and operating costs. Typical 50m will have a dozen crew, a 100m nearer 50 crew, so again a four time increase in wages, not to mention bigger boats (tend to) pay more and have more rotational crew.

So from my experience I stand by my original estimates.

Great info. Thanks for sharing. This particular yacht has 60-65 crew so I'm told. Running costs 2m gbp/ month sitting idle.

[LimaDelta]

Burwood said:

Great info. Thanks for sharing. This particular yacht has 60-65 crew so I'm told. Running costs 2m gbp/ month sitting idle.

Which is seems about right for 146m (if that is the one you are referring to). We run with about half that on 90m (ish). Even our crew salaries total more than 200k/month or 2.5M/year, so double that to 5M for your yacht.

Hotel load on something that size will be in the order of 500kW so fuel/shore power costs will be over 5.5M/year without even moving. (based on 1.3EUR per kWH or litre ADO)

Berthing costs are likely to be over 3k/night, so another million.

So we are at 11.5 million for the year, without even including spares, oils, training and recruitment costs, servicing contracts, flowers, food & beverages (guest and crew), survey costs, pilotage fees, bribes and any breakages.

Even if my boss gave me his boat i'd be bankrupt in about half an hour.

But yes, 2M/month does sound reasonable.

[Speculatore]

PW said:

I don't work directly for any owners. More of a subcontractor.

Given that so many people in the industry spend quite a lot of time and effort keeping ownership and costs confidential, it seems easier to let it pass me by than trying to find out, then worrying about breaking NDAs.

So I don't really know. It probably has gone up with inflation and the increasing complexity and technology that's been introduced over the years, but 2-3m/metre sounds a bit high as an average, but probably doable. S/Y A is potentially up there.

Probably 'Project Redwood'.

[LimaDelta]

PW said:

LimaDelta said:

So from my experience I stand by my original estimates.

Fair enough - like I said I don't really care. It's just a quick way to give a vague ballpark.

What is a better formula if that's wrong?

There is no formula. The choice of interior designer will have a far bigger impact on cost than choice of build yard or LOA.

[Speculatore]

PW said:

According to what has been published, Redwood is 139m,designed by Nuvolari Lenard due 2019, not the 146m/Espen Oeino/2018 that has been stated for this one.

Lurssen are building a 146m for delivery in 2018 but I cant find the project name

[Burwood]

This is typical of the designer-can't say L 146M will be like this but very well could be. I love it. Clean and contemporary, light and not overly fussy.

[K50 DEL]

Slightly off-the-wall question, do yachts like this employ full-time ICT people? (more management than programming lol)
I'm looking for a new ex-pat style challenge and the opportunity to combine work with some travel rather appeals.

[LimaDelta]

K50 DEL said:

Slightly off-the-wall question, do yachts like this employ full-time ICT people? (more management than programming lol)
I'm looking for a new ex-pat style challenge and the opportunity to combine work with some travel rather appeals.

Some umbrella management companies will have IT auditors who will inspect vessels for compliance and resilience. Anything 80m+ is likely to have an AV/IT Officer, or ETO. Sometimes both. If you want to be bona fide crew there will be the expectation to have more than just programming/ICT skills, or at least the will to learn and broaden your skill set. How are your electrical skills? VSAT? Crestron?

[BullyB]

K50 DEL said:

Slightly off-the-wall question, do yachts like this employ full-time ICT people?

Yes, the larger yachts do.
They look after all the IT systems, internet, telephones, AV systems, TV etc.

Most of the AV/IT Engineers I have sailed with have worked previously for the companies that install the equipment at build.

[robm3]

I'm slightly obsessed by Ulysses at the moment... here's a couple of vids:

https://www.youtube.com/watch?v=Z4XRzCYfAY0&in...


https://www.youtube.com/watch?v=mcFfE1ZHdEs&t=...


https://www.youtube.com/watch?v=xOtP2MW8SkQ

[tight fart]

Lovely looking boat off the beach at the moment, sorry only have the iPhone with me.

Edited by tight fart on Saturday 8th July 15:29

[Not Ideal]

robm3 said:

I'm slightly obsessed by Ulysses at the moment... here's a couple of vids:

https://www.youtube.com/watch?v=Z4XRzCYfAY0&in...


https://www.youtube.com/watch?v=mcFfE1ZHdEs&t=...


https://www.youtube.com/watch?v=xOtP2MW8SkQ

I'm with you on this one. LOVE it.

[tight fart]

This one looks a bit posh in Gold & Black

[FourWheelDrift]

tight fart said:

This one looks a bit posh in Gold & Black

https://www.palmerjohnson.com/48m/