ray dalio new yacht

By SuperyachtNews 06 Jun 2018

Ray Dalio announces OceanX and M/V ‘Alucia2’

New initiative and vessel aim to revolutionise ocean research and media….

Superyacht owner and philanthropist Ray Dalio, with his son Mark, director James Cameron and a number of other leading scientific partners, announced the launch of OceanX yesterday. This initiative, to further explore the ocean for educational and scientific purposes, will be undertaken by a brand new vessel, 85m M/V Alucia2 . The project aims to follow the huge success of ocean exploration carried out by Dalio’s existing research vessel, 56m M/V Alucia .

In a statement about Alucia2 and OceanX, Dalio illustrated his passion for conservation and understanding more about our oceans. "I believe that ocean exploration is more exciting and important than space exploration [and] we are on a mission to show people that." The Prince Albert II of Monaco Foundation is among the many philanthropic partners of the project.

Alucia2 will be delivered in 2019 and was originally built as a deep-sea diving survey vessel in 2010. According to reports, she will be “the most advanced science and media vessel ever built” and her refit has been designed by Gresham Yacht Design. Features of the vessel include marine research labs, media equipments (and an entire media centre), manned and autonomous deep-sea submersibles, as well as a range of helicopters and drones. James Cameron, known for his filmography and ocean exploration, was consulted throughout the development of the media centre. "With OceanX and Alucia2 , we will reignite global passion for and curiosity about the ocean in our global, digitally-connected age,” said Cameron. In addition to hosting scientists and media teams, OceanX will conduct virtual classes and museum exhibitions for people across the world.

"With OceanX and Alucia2, we will reignite global passion for and curiosity about the ocean in our global, digitally-connected age.”

Ray Dalio is founder of OceanX and the president of Dalio Philanthropies. His son, Mark, is the founder and creative director of OceanX Media, who worked with the BBC team behind the Blue Planet II series. In a conversation with The Superyacht Report last year, Alex Flemming, co-CEO of marine operations for the family office that operates M/V Alucia, revealed the driving force behind Dalio’s entrance into the yacht market. “He is a very intelligent man and he was always fascinated by the scientific community. He was introduced to Woods Hole Oceanographic Institution and he was so fascinated and taken aback by what they do – and what they achieve – that he had the idea to buy a boat.”

Flemming also echoed the importance of Dalio’s focus on ocean – not space – exploration through engaging media content. “We are trying to make it interesting, and fun, so that it makes difference and people actually say, ‘that’s cool’. Not only promoting the project and the idea, but also make people aware of what is going on. 70 per cent of our planet is ocean, and we only know about 15 per cent of it, how does that make sense? We’re spending more money trying to populate the moon than we are in our ocean backyard.” The impact of Dalio on the superyacht industry’s attitude to ocean conservation and scientific research is undeniable. Hopefully, his commitment to these causes will inspire more owners to follow his example. And as M/V Alucia has been at the forefront of many exciting ocean discoveries in recent years, we eagerly await the successes of OceanX and M/V Alucia 2 .

All images courtesy of OceanX

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Damen Completes Rebuild of 87 Metre OceanXplorer

Damen has announced its completion of the cutting-edge research vessel OceanXplorer following an extensive two-year rebuild project.

Previously codenamed Alucia2, OceanXplorer is now touted as the most advanced exploration and research vessel in the world, featuring a state-of-the-art scientific research station and a Hollywood-level media production studio developed in partnership with renowned filmmaker James Cameron.

The 87 metre vessel is the flagship of the OceanX fleet, a non-profit ocean exploration and media company spearheaded by billionaire Ray Dalio and his son Mark Dalio. OceanXplorer builds on the success of OceanX's first research vessel, named Alucia , and will continue its mission to uncover the secrets of the ocean and help protect the marine habitat.

Capable of mapping the depths of the oceans, the supersized explorer features sonar arrays, a series of submersibles, a dedicated ROV deployment bay, a forward helicopter landing deck with adjacent climate-controlled hangar and aft deck launch and side boarding systems for scuba divers. The upper deck also features a 40-ton crane and a 40-ton A-frame for the launch and recovery of all her explorative equipment. 

Tjarco Ekkelkamp, project director for the OceanXplorer project at Damen said: “This has been a challenging project, the result of which we are very proud of. On the one hand, this shows the extensive capabilities of Damen as a group. On the other, this is a vessel that represents a force for good in the world – one that will enhance human involvement, understanding and ultimately conservation of our oceans. With our strong commitment to maritime sustainability, we are delighted to have played our part in the development of OceanXplorer .”

OceanXplorer started life as a former offshore survey ship named Volstad Surveyor before heading to Damen Shiprepair in Rotterdam. The rebuild works were intensive with the addition of an integrated heli hangar in the superstructure, as well as extensions on both sides of the accommodation decks to house new cabins. The work also involved the integration of specialist hydrographic and lavatory systems, media studios, and state-of-the-art-research facilities. The vessel was re-designed both inside and out by Steve Gresham.

Also on board are a number of both piloted and autonomous underwater drones and two manned Triton submersibles, each of which can dive to depths exceeding 1000-metres.

OceanXplorer also boasts a media production studio with filmmaking capabilities developed with director James Cameron, allowing the team to create high-quality films at sea. OceanXplorer features state-of-the-art wet and dry marine research labs for analysing scientific discoveries. 

The explorer is to become the subject of a six-part documentary series entitled Mission: OceanX , co-produced by OceanX and BBC Studios, along with James Cameron for National Geographic.

Speaking about the project, OceanX co-founder, Ray Dalio, said: "The ship OceanXplorer will take ocean explorers to never-before-seen undersea worlds and allow them to beam back what they encounter via social media, digital experiences, and a TV show. It will be mind-blowing."

OceanX founder and creative director, Mark Dalio, added: " OceanXplorer will allow us to pair science and media together like never before and share the excitement and wonder of ocean exploration with a global audience in real time."

Designed to build upon the success of the 55.75 metre  Alucia  (the initiative's production arm was formerly known as Alucia Productions), which appeared in the BBC’s highly popular  Blue Planet II  series,  OceanXplorer  was built by  Freire  and launched in 2010.

Design input has been provided by London-based  Gresham Yacht Design . The studio previously said: “The biggest challenge has been making sure that the vessel satisfies the demands of differing disciplines, from the scientist through to the operators of the submarines, ROVs, helicopters and film production."

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Explorer yacht influencer interview: ray dalio.

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Ray Dalio diving in the Seychelles in 2024

I’m not an economist. Or a hedge fund manager. Or even good at math. But I am curious enough to have read The Changing World Order by Ray Dalio who, by the way, also happens to be the founder of the world's largest hedge fund firm, Bridgewater Associates that currently has over $120 billion in assets under management. And since being particularly curious about ocean exploration is also a wonderful part of my job writing about yachts, I also know that Mark and Ray Dalio founded a serious ocean exploration initiative— OceanX a few years back. So… I could not imagine a better subject for my latest “Influencer Interview” series than Ray Dalio. As you’ll see, he’s as knowledgeable and passionate about the world’s oceans as he is about other important subjects.

OceanXplorer is the ultimate ocean research vessel.

BS: The mission of OceanX is “to explore the ocean and bring it back to the world.” And OceanX is doing that by “combing science, technology and media to explore and raise awareness for the oceans and create a community engaged with protecting them.” So, the question is: where does your motivation and passion for the OceanX mission come from?

RD: I'm so excited about the ocean and ocean exploration because the ocean is the most important asset the world has—it has the greatest effect on our wellbeing. And it's also the most exciting place to be. The ocean is 72 percent of the world's surface, and the highest point on the surface is equal to the ocean's deepest depth. So, this means that it's more than twice the size of all continents combined.

I grew up near the ocean on Long Island and some of my earliest memories are of the crabs, shells, all of those coastal experiences. And then watching Jacques Cousteau amazed me, and then I learned to dive, and I was lucky enough to have experiences interacting with ocean explorers. It’s been a lifelong journey.

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NEW YORK, NY - JUNE 04: OceanX Media Founder and Creative Director Mark Dalio (L) and OceanX ... [+] Founder Ray Dalio speak onstage during the Launch Of OceanX in New York City. (Photo by Ilya S. Savenok/Getty Images for OceanX)

What I'm hoping to do with OceanX is explore it and then bring it back to people to see it the way Jacques Cousteau did for me. OceanX is an endeavor that I've been doing in one form or another for about 11 years. We’ve done museum exhibitions. We have an ocean exploration that we bring scientists on and is the best platform for both discovery and for conveying discovery in media.

OceanX is doing this with marine biologists from all over the world and sharing their discoveries on regular and social media. OceanX has more than 10 million social media followers, who love following the missions and learning about the ocean. Later this year, we’re excited to release OceanXplorers , a groundbreaking new television series on National Geographic/Disney produced by BBC Studios Natural History Unit and OceanX in association with Earthship Productions for National Geographic. It follows a team of scientific and storytelling pioneers exploring the deepest and most inaccessible depths of our world’s oceans aboard OceanXplorer."

One of OceanX's Triton submarines exploring a reef in Raja Ampat

BS: Can you tell me about the underwater missions you're most proud of or excited by?

RD: We were the first to capture footage of the Giant Squid in its natural setting with The Discovery Channel in 2012, bringing amazing footage of this incredible creature to the world. We have filmed expeditions for BBC’s Blue Planet II and Sir David Attenborough’s award-winning series Great Barrier Reef."

BS: Since some of OceanX’s greatest contributions to the field of marine science include conducting the first-ever submersible dives to the Antarctic seafloor and conducting the most comprehensive survey of North America’s only coral barrier reef system it’s obvious that submarine-operation is integral to OceanX’s mission. Can you also talk about your choice of Triton subs? Apart from any connection to the company you might have, can you tell me why Triton subs are the best choice for the missions you have planned?

OceanXplorer is the ultimate ocean research vessel with serious sub-ops capability.

RD: We use Triton subs for ocean exploration because they are the most reliable and they can be perfectly customized for our scientific and media needs.

And OceanX continues to make a positive difference in the world. Earlier this year, OceanX convened global climate leaders together at COP28 in Dubai to advance ocean health. Experts aboard OceanXplorer this year have also surveyed underwater seamounts and ridges in the Azores to provide data to support the Azorean government’s goal of designating 30% of the region’s waters as Marine Protected Areas. And during a recent mission in the Seychelles (where these photos of Dalio diving were shot) OceanX also created the first-ever comprehensive map of the Aldabra Atoll, the world's second-largest coral atoll.

Stay tuned for more information.

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To explore the ocean and bring it back to the world

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Making history, oceanx's achievements have redefined what’s possible in ocean exploration and storytelling., first to tag a deep sea shark from a submersible.

Illuminated the abyss in the global series Blue Planet II

First to capture footage of a giant squid in the deep

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Ray Dalio Launches OceanXplorer To Study World’s Oceans

When Ray Dalio was growing up on Long Island, he used to love watching TV documentaries by Jacques Cousteau, the French oceanographer. Now Dalio, 71, and the founder of one of the largest hedge funds in the U.S., is launching OceanXplorer , his own 286-foot research vessel, with three miniature submarines and two underwater robots, to explore the oceans of the world himself.

He also will make some documentaries of his own, starting with a six-part series for National Geographic , produced by the BBC with James Cameron, the director of The Titanic , as executive producer.

Dalio is best known as the head of Bridgewater Associates, in Westport, Connecticut. It is often referred to as the largest hedge fund in the country. Forbes says that Dalio himself is worth $16.9 billion.

Now he’s turning his considerable energies, and some of his fortune, to studying the world’s oceans and the creatures that live in them. The oceans, he says, are “our world’s greatest asset.”

After traveling around the world on a smaller research ship, and taking the first picture ever of a giant squid, Dalio bought OceanXplorer , a used oil ship, in 2016. It was built by Freire in Spain in 2010, and has a beam of 59 feet, a draft of 22’ 5”, a displacement of 4,398 tons, and room for a crew of 85. It tops out at 16.5 knots.

The ship has spent the past two years at the Damen yard in the Netherlands for a major refit, so it can be used for research, ocean exploration, filming and livestreaming events. Cameron has installed Hollywood-quality movie labs on board, and will use banks of lights underwater to illuminate not only the sea creatures being studied but also the scientists who are studying them.

The chief scientist on board is Vincent Pieribone, a neuroscientist at the Yale School of Medicine. He told The New York Times that OceanXplorer is “like something out of a James Bond movie.”

The ship is now undergoing sea trials in Europe. Filming for the TV series is scheduled to start early next year. Stay tuned. Read more:

https://www.nytimes.com/2020/09/17/science/ocean-exploration-dalio-ship.html

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Instead of a luxurious megayacht, Ray Dalio the billionaire hedge fund manager has the world’s most advanced exploration vessel. Helmed by scientists the 285 ft ship has wet and dry labs, helicopters, submarines, and a state-of-the-art media center.

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3 historically unstoppable dow stocks that have billionaire money managers headed for the exit.

For more than 128 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as one of Wall Street's top "health" barometers. Over this span, we've watched the Dow evolve from an index dominated by industrial stocks to one that currently features 30 diverse multinational businesses.

Although the Dow Jones is packed with mature businesses that have historically proven to be unstoppable, not everyone on Wall Street believes the Dow's 30 components are necessarily headed higher.

A little over a week ago, institutional investors were required to file Form 13F with the Securities and Exchange Commission. A 13F offers investors an under-the-hood look at what Wall Street's top asset managers bought and sold in the latest quarter. Despite the Dow being in rally mode and reaching new all-time highs, 13Fs show that select billionaire money managers couldn't sell shares of three Dow components fast enough in the June-ended quarter.

The first magnificent Dow stock that billionaires surprisingly sold during the second quarter is the leading payment processor Visa (NYSE: V) . The five prominent billionaire sellers were (total shares sold in parenthesis):

Ole Andreas Halvorsen of Viking Global Investors (6,327,962 shares)

Ray Dalio of Bridgewater Associates (143,859 shares)

Terry Smith of Fundsmith (138,076 shares)

Ken Griffin of Citadel Advisors (114,137 shares)

Cliff Asness of AQR Capital Management (30,740 shares)

Although profit-taking may explain some of this selling activity, the more likely answer as to why these five billionaires sent shares of Visa to the chopping block is the potential for a U.S. recession. No matter how much we dislike recessions, they're a normal and an evitable aspect of the economic cycle.

Select metrics, such as the first meaningful decline in U.S. M2 money supply since the Great Depression , as well as the longest yield-curve inversion in history, strongly suggest that the U.S. economy will weaken in the months or quarters to come. Since financial stocks like Visa are cyclical, a recession would be expected to weigh on its operating results.

However, economic cycles aren't linear, which works in Visa's favor. While most recessions are resolved in less than a year, the bulk of economic expansions endure for multiple years. When examined with a wide lens, Visa is perfectly positioned to benefit from the long-term growth in consumer and enterprise spending.

There's also plenty of opportunity for Visa to organically and acquisitively push into chronically underbanked emerging markets. Persistent double-digit cross-border volume growth speaks to this multidecade growth opportunity.

In other words, I expect these five billionaire investors will, in hindsight, regret their decisions to sell shares of Visa.

A second unstoppable Dow component that had billionaire money managers running for the exit in the June-ended quarter is beverage goliath Coca-Cola (NYSE: KO) . A total of seven prominent billionaires dumped shares, including (total shares sold in parenthesis):

Steven Cohen of Point72 Asset Management (3,320,579 shares)

John Overdeck and David Siegel of Two Sigma Investments (1,328,418 shares)

Ray Dalio of Bridgewater Associates (1,141,812 shares)

Jeff Yass of Susquehanna International (560,802 shares)

Cliff Asness of AQR Capital Management (484,668 shares)

Ken Fisher of Fisher Asset Management (60,987 shares)

Aside from profit-taking, the expectation that the Federal Reserve will cut interest rates in September might be the catalyst that encouraged these seven billionaires to show shares of Coca-Cola to the door. As interest rates decline, growth stocks will, once again, be able to borrow at more attractive lending rates. This may encourage investors to move away from perceived-to-be "safe" investments like Coca-Cola in favor of higher-growth companies.

I expect billionaires to eventually regret their decisions to sell shares of Coke.

There simply isn't a consumer staples stock with better branding. Coke's products have been the most-chosen from retail shelves for 12 consecutive years, based on Kantar's annual "Brand Footprint" study. Being able to lean on more than a century of its storied history helps it connect with mature consumers. Meanwhile, relying on digital media channels and artificial intelligence (AI) has helped Coca-Cola tailor its message to a new generation of younger customers.

You'd also struggle to find a consumer staples stock with better geographic reach. With the exception of Russia (due to its invasion of Ukraine), North Korea, and Cuba, you'll find Coca-Cola operating in every other country. This is a recipe for steady operating cash flow from developed countries and needle-moving organic growth in emerging markets.

The third unstoppable Dow Jones Industrial Average stock that 13Fs show billionaires couldn't stop selling during the second quarter is cloud-based customer relationship management (CRM) software provider Salesforce (NYSE: CRM) . The four notable billionaire sellers were (total shares sold in parenthesis):

Philippe Laffont of Coatue Management (2,792,964 shares)

Stephen Mandel of Lone Pine Capital (2,400,267 shares)

Israel Englander of Millennium Management (1,768,080 shares)

Ken Griffin of Citadel Advisors (412,722 shares)

Whereas the selling activity witnessed in Visa and Coca-Cola was a bit of a head-scratcher, things are a bit clearer with Salesforce.

In late May, the company reduced its full-year operating margin guidance by 50 basis points to 19.9% and lowered its subscription and support revenue-growth guidance for the year. Considering that Salesforce has a history of crushing Wall Street's sales expectations, this report was a genuine surprise -- and not in a good way.

The silver lining for Salesforce is that it's the undisputed leader in cloud-based CRM software, and that's not going to change anytime soon. Based on IDC's 2024 "Worldwide Semiannual Software Tracker" report, Salesforce accounted for 21.7% of global CRM share. CRM software is a sustained double-digit growth opportunity that can help an assortment of consumer-facing industries boost their sales.

Something else Salesforce has done particularly well throughout its history is grow inorganically. CEO Marc Benioff has overseen a number of earnings-accretive acquisitions, including MuleSoft, Tableau Software, and Slack Technologies. These deals are broadening his company's sales channels, as well as providing a jumping-off point to increasing cross-selling opportunities as the company's ecosystem grows.

While maintaining a 20% sales-growth rate might prove difficult, Salesforce has demonstrated that it's worthy of a valuation premium, given its moat in cloud-based CRM.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

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Sean Williams has positions in Visa. The Motley Fool has positions in and recommends Salesforce and Visa. The Motley Fool has a disclosure policy .

3 Historically Unstoppable Dow Stocks That Have Billionaire Money Managers Headed for the Exit was originally published by The Motley Fool

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The New Order: Last Days of Europe Wiki

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Omsk , officially the Siberian Black League , is a warlord state in Western Siberia. Occupying the territory of the former Omsk Oblast, it borders Tomsk to the north, the Kazakh SSR to the south, Tyumen to the east, and Novosibirsk to the west.

• 2.1 National spirits
• 2.2 Cabinet
• 3.1 Generals

Following the dissolution of the Soviet Union , the city of Omsk, initially held by the West Siberian People's Republic , was seized by a league of ultranationalists sharing views of anti-German sentiment and revanchism. Led by Dmitry Karbyshev 's All-Russian Black League, upon the seizing of Omsk, the ultranationalist regime had to industrialize and fortify it. In a way, some could say it's nothing but a fortified city in which the Black League militarizes and prepares for its future conflicts.

The political system of Omsk is governed as a militarist one-party state since its founding, ruled by Karbyshev and his like-minded comrades of the All-Russian Black League, an organization fanatically devoted to revanchism against the Greater Germanic Reich . However, at heart, Karbyshev is a Russian and while he sought to create an ultranationalist military state to take revenge against Germany, he did not account for the despots that wished to claim as much power as possible from him. Karbyshev is represented in-game as a dying man soon to fall, due to him leading a brutal military dictatorship, while being opposed to the radical rhetoric of his officer clique. The Black League has since become an ultranationalist state, even more radical in their hatred of Germany. Due to Karbyshev's declining health, many of the other officers have gained massive influence in the leadership of Omsk. The reality is that Karbyshev started a movement that assumed it was able to change the hearts of the despots with nationalism rather than terror; but it has since been corrupted beyond his visions, and there is little he can do to stop the train of degeneracy. Indeed, once Karbyshev dies and Omsk is still around, actual ultranationalist and General Dmitry Yazov will assume leadership of the Black League and prevent the despotic cliques from growing.

Under the sheer doctrine of anti-German sentiment, the theory of the “Great Trial” in Omsk comes in. This is where the warlord state will prepare for its final assault on the Reich, as revenge for the “First Trial” which brought the dissolution of the Soviet Union and the “Second Trial” being the West Russian War . Their hatred doesn't stop with just Germany, but it includes many who collaborated with them. Some officers of the Black League even go as far as to want to destroy the United States for not helping enough during the Great Patriotic War. In preparation for their war with Germany, they are expectant of nuclear strikes and so have started to construct massive metro tunnels to double as shelter from the warheads and radioactive fallout. The resolve of the Black League cannot be stopped, even with the threat of nuclear war.

Omsk is one of the hardest paths in TNO, due to it being weaker than a lot of the surrounding warlords and being unable to conduct diplomacy at all. To reunite Russia, Omsk will have to fight every single state in its way. Their end goal is the complete extermination of the Reich and the German people, and they will stop at nothing to reach this. They are hard-coded for hostility and are always at war with someone, but an AI Omsk will almost always never be successful. Despite being founded on nothing but hatred, when they unify Western Siberia and start to emerge on the international stage, they actually try to conceal their ideology and ambitions from foreign influences. They stick with a nondescript name of the “West Siberian Provisional Authority” under the guise of a protective military authority and switch their ideology to “Despotism”.

National spirits

After Dmitry Yazov comes to power and purges the Black League's old guard, the cabinet changes to:

Omsk has at least eleven generals.

• Ironically, according to a former developer of West Siberia, Omsk at one point had a National Socialist path as a "sane" option, due to now-former head developer Pink Panzer wanting every region in Western Siberia to have multiple paths. This was changed after the other developers convinced him to have Omsk only have one path.
• Omsk was partially inspired by the Armenian Secret Army for the Liberation of Armenia , a militant group that aspired to carve out an ethnic Armenian homeland in eastern Turkey.

• 1 SS State of Burgundy
• 2 TNO Styled GFX Icons
• 3 Sergey Taboritsky