super yachts 60million+

Author
Discussion

Sa Calobra

37,243 posts

212 months

Friday 8th June 2018
quotequote all
Rum Runner said:
On Average 15% running cost per year of the purchase price for powerboat, sail = 10%
Give you a clue last one I ran burnt through 75 gal per hour running hard, but a lot of time down to 20 pottering. That was twin 700hp and at the time I was buying fuel in the US Virgin Islands at $1.27 a U.S gal.
Another a spend time on did 200 gal per hr running flat twin 2000hp,that was in the Med so expensive.
Dockage is a killer depending on where you go. Crew say 10 on 150ft -170ft. Skippers wages alone will be $1000 / 1000 Euro per ft length of boat. Chef half to three quarters of that and the chief engineer the same.
If the boats charter and have a good season they can claw a good amount back. A week on a 180 ft a have on the books is $265,000 a week to charter.
Shamelss plug http://www.toplineyachtcharters.com/motoryacht.htm
I'm late sorry but that is crazy!

emicen

8,601 posts

219 months

Friday 8th June 2018
quotequote all
3.8 MOD said:
The actual figures are in the link I posted above:

"Main Engines: 4 x MTU 16V 4000 M70 32,279 kW Additional Engine: GE LM2500 Gas Turbine 14,039kW Top Speed with Gas Turbine: 33 knots FUEL CONSUMPTION: - Cruising speed 14 knots (2 engines), consumption 750 ltrs/hr, range 4000 miles - Cruising speed 18 knots (4 engines), consumption 1250 ltrs/hr, range 3000 miles - Top speed 33 knots (4 engines +gas turbine), consumption 9000 ltrs/hr, range 780 miles To use the gas turbine, the following conditions must be met: 1.The vessel must remain at least 5 nautical miles from shore at all times. 2.There must be minimum traffic in the area, subject to Captain’s approval. 3.There must be a minimum of 30 meters depth at all times during use of the gas turbine. 4. There can be no more than 1.5 meters of sea swell during use of the gas turbine."
Your link was for Ecstasea (and frankly mind boggling, thanks for posting!)

They’re talking about Dilbar’s fuel burn wink

Burwood

18,709 posts

247 months

Friday 8th June 2018
quotequote all
emicen said:
3.8 MOD said:
The actual figures are in the link I posted above:

"Main Engines: 4 x MTU 16V 4000 M70 32,279 kW Additional Engine: GE LM2500 Gas Turbine 14,039kW Top Speed with Gas Turbine: 33 knots FUEL CONSUMPTION: - Cruising speed 14 knots (2 engines), consumption 750 ltrs/hr, range 4000 miles - Cruising speed 18 knots (4 engines), consumption 1250 ltrs/hr, range 3000 miles - Top speed 33 knots (4 engines +gas turbine), consumption 9000 ltrs/hr, range 780 miles To use the gas turbine, the following conditions must be met: 1.The vessel must remain at least 5 nautical miles from shore at all times. 2.There must be minimum traffic in the area, subject to Captain’s approval. 3.There must be a minimum of 30 meters depth at all times during use of the gas turbine. 4. There can be no more than 1.5 meters of sea swell during use of the gas turbine."
Your link was for Ecstasea (and frankly mind boggling, thanks for posting!)

They’re talking about Dilbar’s fuel burn wink
Not wanting o contrary but the figures are wrong anyway. I know a thing or two about big marine diesels. MTU 16V 4000 engines are small. The biggest is 3110hp so we know it isn't FOUR of these. We know this yacht has big power and big speed. Regardless, the MTU 4000 at cruise 1600rpm is still burning 450L per hour EACH. The 750L per hour is simply wrong. A large sport fisher will burn that with twin 2500hp engines. The type of engine this yacht requires is something like the 20V 46 tonne MTU 8000 series and they burn 1900L per hour EACH (approx 10khp a piece).

The turbine alone would use .4lbs per hp/hr which is 7200lb which is 3840L/hour. If you take that figure off the 9000L total mentioned above that suggests the FOUR main engines consume 5160L total which sounds in the ball park.

kentlad

1,095 posts

184 months

Friday 8th June 2018
quotequote all
dudleybloke said:
What is the depreciation curve like on such vessels?
I would assume, with having no knowledge of Superyacht resale value. That it's pretty sharp for the first year. Then probably flattens out. Then in the first year of ownership for Billionaire owner number 2 it follows the same pattern. (Mainly because most probably buy a super yacht then have it re-fitted to their taste. When i become a Billionaire i'll buy a one and let you know wink

Burwood

18,709 posts

247 months

Friday 8th June 2018
quotequote all
Sa Calobra said:
Rum Runner said:
On Average 15% running cost per year of the purchase price for powerboat, sail = 10%
Give you a clue last one I ran burnt through 75 gal per hour running hard, but a lot of time down to 20 pottering. That was twin 700hp and at the time I was buying fuel in the US Virgin Islands at $1.27 a U.S gal.
Another a spend time on did 200 gal per hr running flat twin 2000hp,that was in the Med so expensive.
Dockage is a killer depending on where you go. Crew say 10 on 150ft -170ft. Skippers wages alone will be $1000 / 1000 Euro per ft length of boat. Chef half to three quarters of that and the chief engineer the same.
If the boats charter and have a good season they can claw a good amount back. A week on a 180 ft a have on the books is $265,000 a week to charter.
Shamelss plug http://www.toplineyachtcharters.com/motoryacht.htm
I'm late sorry but that is crazy!
where are these articles from. It's drivel smile running is twin 700hp yacht. Is this a tender? Running hard at 75 g/hr. Wow, super expensive. Project SHU which launches in September is the biggest yacht to splash in the last several years. Just under 500ft so close to Dilbar. Crew is 60 in Nr. It's kind of irrelevant what the running costs are. No surprises the owner is Russian. Bottomless pit of cash. In Port running costs are GBP 2m per month. That means the yacht does nothing and sits at the dock. It's great these yachts are built but am not impressed by the types that own them if you know what I mean. The guy who owns this yacht has other yachts, many jets, anything he wants. Even a submarine and 2 helicopters on board. Big deal.

Burwood

18,709 posts

247 months

Friday 8th June 2018
quotequote all
kentlad said:
dudleybloke said:
What is the depreciation curve like on such vessels?
I would assume, with having no knowledge of Superyacht resale value. That it's pretty sharp for the first year. Then probably flattens out. Then in the first year of ownership for Billionaire owner number 2 it follows the same pattern. (Mainly because most probably buy a super yacht then have it re-fitted to their taste. When i become a Billionaire i'll buy a one and let you know wink
Like anything, there are desirable designs and hideous creations by people with no taste. With a builder like Lurssen who generally produce great yachts to a high standard and with build times of 3-4 years many are sold when finished for a premium. Hey if you are a Russian who cares right. He can tell everyone how me paid 50M over the odds to jump the queue. When it's 'money for nothing', it's all good smile

Conversely if you're an Arab and build some disaster with 50T of gold and marble, a vomit inducing interior and huge thirsty engines to haul it's sorry ass around the gulf, your 300M build is worth 75M the minute you leave the factory smile

here is a lovely example. The yacht weighs so much it can't do more than 12 knots and handles like a dog.


SpeckledJim

31,608 posts

254 months

Friday 8th June 2018
quotequote all
Burwood said:
Like anything, there are desirable designs and hideous creations by people with no taste. With a builder like Lurssen who generally produce great yachts to a high standard and with build times of 3-4 years many are sold when finished for a premium. Hey if you are a Russian who cares right. He can tell everyone how me paid 50M over the odds to jump the queue. When it's 'money for nothing', it's all good smile

Conversely if you're an Arab and build some disaster with 50T of gold and marble, a vomit inducing interior and huge thirsty engines to haul it's sorry ass around the gulf, your 300M build is worth 75M the minute you leave the factory smile

here is a lovely example. The yacht weighs so much it can't do more than 12 knots and handles like a dog.

I suppose it would be a major risk, but are any of these projects started on spec, with the goal of finding a buyer midway through the build, who then benefits from a shorter lead time?

Burwood

18,709 posts

247 months

Friday 8th June 2018
quotequote all
SpeckledJim said:
Burwood said:
Like anything, there are desirable designs and hideous creations by people with no taste. With a builder like Lurssen who generally produce great yachts to a high standard and with build times of 3-4 years many are sold when finished for a premium. Hey if you are a Russian who cares right. He can tell everyone how me paid 50M over the odds to jump the queue. When it's 'money for nothing', it's all good smile

Conversely if you're an Arab and build some disaster with 50T of gold and marble, a vomit inducing interior and huge thirsty engines to haul it's sorry ass around the gulf, your 300M build is worth 75M the minute you leave the factory smile

here is a lovely example. The yacht weighs so much it can't do more than 12 knots and handles like a dog.

I suppose it would be a major risk, but are any of these projects started on spec, with the goal of finding a buyer midway through the build, who then benefits from a shorter lead time?
Shipyards have done it in times when they need to keep working or close up shop.

Scooby P1

2,617 posts

230 months

Tuesday 12th June 2018
quotequote all
ColdoRS said:
Since S/Y A is flavour of the month again, here she is hiding behind LGB.

LGB is my favourite of all time I think. Maybe between her and octopus

Bonefish Blues

27,035 posts

224 months

Friday 15th June 2018
quotequote all
Not sure if there's any way to find out what it is, but I am on NW Crooked Island in the Bahamas at the moment, and a behemoth came past a couple of evenings ago, maybe 2-3 miles offshore, making good speed. It's now at anchor to the West of the Bight of Acklins. Any way to find out, just out of interest?

p1stonhead

25,674 posts

168 months

Friday 15th June 2018
quotequote all
Bonefish Blues said:
Not sure if there's any way to find out what it is, but I am on NW Crooked Island in the Bahamas at the moment, and a behemoth came past a couple of evenings ago, maybe 2-3 miles offshore, making good speed. It's now at anchor to the West of the Bight of Acklins. Any way to find out, just out of interest?
https://www.marinetraffic.com/en/ais/home/centerx:...

There is a 'pleasure craft' shown on the map, but it doesnt say what it is.

3.8 MOD

120 posts

189 months

Friday 15th June 2018
quotequote all
Go to marinetraffic.com ,search for Nassau in ports.
Can't see anything off crooked island right now though.

Bonefish Blues

27,035 posts

224 months

Friday 15th June 2018
quotequote all
Thanks. That's certainly it, shame no more information is available.

ETA
It also has a 30 foot sportfishing boat with full gamefishing apparatus, and on the deck of that it hoists a flats boat, too - just for good measure. There's excess and there's excess excess iyswim!

Edited by Bonefish Blues on Friday 15th June 23:15

ecsrobin

17,216 posts

166 months

Friday 29th June 2018
quotequote all
I think this qualifies for this thread. Currently moored at gunwharf Portsmouth Amaryliss


Speculatore

2,002 posts

236 months

Friday 29th June 2018
quotequote all
At 78mtrs that must be the biggest (LOA) one to berth there.

DannyJ1988

8 posts

71 months

Friday 29th June 2018
quotequote all
These yachts do look great but boys.. I know dreams don't cost a penny but I would suggest you to start with a dinghy first!!! smile) No fuel cost and is so much fun!

blueg33

36,161 posts

225 months

Friday 29th June 2018
quotequote all
I haven't yet come across a form of sailing/boating that is cheap


pidsy

8,028 posts

158 months

Friday 29th June 2018
quotequote all
DannyJ1988 said:
These yachts do look great but boys.. I know dreams don't cost a penny but I would suggest you to start with a dinghy first!!! smile) No fuel cost and is so much fun!
Welcome to Pistonheads.

Where ingratiating oneself matters.

Burwood

18,709 posts

247 months

Friday 29th June 2018
quotequote all
blueg33 said:
I haven't yet come across a form of sailing/boating that is cheap
I think most mortals buy boats they can afford then use them and realise it’s very expensive. The usual sport fisher would be used 50 hours(engines) per year which is a reflection of cost. I used mine 300 hours for 2 years and bailed. The boat was affordable. The running costs were a ball ache. Twin outboards used about 100 litres per hour. You could double that fuel cost to accommodate storage, servicing and maintenance.