superyachts 2023

672 Wine Club

• Motorcycles
• Car of the Month
• Destinations
• Men’s Fashion
• Watch Collector
• Art & Collectibles
• Vacation Homes
• Celebrity Homes
• New Construction
• Home Design
• Electronics
• Fine Dining
• Benchmark Wines
• Brian Fox Art
• Chase United
• Disneyland Resort
• Gateway Bronco
• Royal Salute
• Sports & Leisure
• Health & Wellness
• Best of the Best
• The Ultimate Gift Guide

From Epic Sailing Vessels to Rugged Explorers: The 10 Best Superyachts That Will Launch This Year

Beyond size, this year's launches are unusually diverse, including motoryachts, sailing vessels, explorers and even a giant sportsfisherman., julia zaltzman, julia zaltzman's most recent stories.

• These Charter Yachts Let You Tag Hammerhead Sharks and Count Spirit Bears for Research
• These Luxe Villas Are the Place to Stay in This Retro-Chic Enclave on the Tuscan Coast
• The 7 Most Exciting New Superyacht Marinas in the World
• Share This Article

With a combined length of 2,929 feet, the world’s top 10 superyachts scheduled for delivery this year are moving away from the idea that yachting is about whose boat is bigger. The trend is now more about mission than size. This year’s launches will be wide ranging, from motoryachts to sailing vessels, explorers and even a giant sportfish.

The list includes offerings from German shipyard Lürssen , which has two 400-foot-plus yachts ready to splash this year, with noteworthy deliveries from other shipyards in Germany, Italy, and the Netherlands showcasing different definitions of design, power and performance.

Here are the yachts we can’t wait to see.

‘Koru’ (564 feet) Oceanco

Jeff Bezos’ first yacht, Koru , was spotted last week on sea trials. The Amazon founder chose to make a bold design statement by commissioning the world’s largest sailing yacht, not to mention the longest pleasure vessel, motor or sail, ever from The Netherlands. Built by Oceanco, the titanic sailing machine is an incredible 3300 GT, powered by kinetic energy generated by the sails. Besides its massive length, its classic canoe stern, a double-deck wooden coach house and navy hull with a red stripe differentiate Koru from any other vessel on the water. The project remains hush-hush. Even the designers remain a secret.

‘Liva’ (387 feet, 1 inch) Abeking & Rasmussen

Launched late last year and scheduled to be delivered in early 2023, Liva is the largest yacht built by Abeking to date, overtaking the German shipyard’s previous flagship Aviva by 65 feet. The French studio Joseph Dirand Architecture was commissioned to pen both the exterior and interior, which is reported to include a semi-submerged underwater observation room on the lower deck, a supersized pool, helipad, spa with sauna and beauty salon, and a lower-deck beach club.

‘Alchemy’ (216 feet, 5 inches) Rossinavi

Commissioned by a private American client, the 216-foot multi-deck motoryacht Alchemy is one of three yachts to be launched by Italian shipyard Rossinavi in 2023. Exterior design is by Philippe Briand, with interior styling by Enrico Gobbi’s Team for Design. Little information has yet to be revealed, though it’s visible from images that the custom yacht features an axe bow, drop-down side terraces at the stern and large floor-to-ceiling windows that afford views from all levels.

Project Jag (400 feet) Lürssen

The 400-foot displacement motoryacht known only as “Project Jag” is reported to be the owner’s third Lürssen. His most recent is Kismet . It is set for delivery in late 2023. Capable of sleeping 20 guests and 40 crew, the gigayacht is equipped with a helipad, spa, swimming pool, two cinemas, gym and storage for a sub. Italian design firm Nuvolari Lenard designed the steel yacht’s exterior, while UK studio Reymond Langton has crafted what is rumored to be a “bespoke homage to the owner’s lifestyle”—whatever that means.

Project Luminance (426 feet, 5 inches) Lürssen

Project Luminance is a 426.5-foot motor yacht that Lürssen claims will be one of the largest and most technologically advanced boats in the world. It’s also the largest yacht due to deliver in 2023. Construction began in 2018, yet few details have been revealed. What we do know is that the seventh-largest project to ever come out of the German shipyard to date features state-of-the-art propulsion systems, advanced navigation and communication systems, as well as next-generation entertainment.

‘T52’ (170 feet) Baglietto

The first model in Baglietto’s T52 line, which splashed in February 2023, features sleek lines and aerodynamic grills penned by Francesco Paszkowski Design. Power comes from a diesel-electric-hybrid propulsion system. The yacht celebrates outdoor space, including a large multi-level beach club at the stern with a fold-down transom, oversized sunbeds and a swimming pool with a floor that rises flush with the deck. Sliding windows on the upper deck convert space into an open-air sky lounge and a 78-foot sundeck with a glass-encased hot tub.

Project 406 (170 feet, 6 inches) Royal Huisman

The Dutch shipyard Royal Huisman made its name building some of the world’s largest sailing yachts, including 296-foot Athena , but now it’s hitting the record books again with the impending launch of Project 406 , the world’s largest sportsfisherman. Naval architecture, exterior and interior are by Dutch studio Vripack. The firm gave the six-decked aluminum yacht a towering profile promising spectacular front-row views of the big game fishing action. The team balanced its height by a long bow, high bulwarks and uncluttered fishing cockpit.

‘Black Shark’ (252 feet, 6 inches) Nobiskrug

Black Shark first began construction in 2019, but all work ceased when Nobiskrug later filed for insolvency. In March 2022, following the German shipyard’s acquisition by entrepreneur Lars Windhorst, work on Black Shark recommenced, with delivery set for 2023. The 252-foot boat, designed by Winch Design, gets its name from its predatory profile and mast shaped like a dorsal fin. A reverse bow, black matte hull and metallic silver superstructure will also help to enhance the marine connection.

‘Ultra G’ (196 feet, 8 inches) Heesen

Heesen is renowned for building fast boats, so it’s no surprise that Ultra G , equipped with a propulsion package totaling 22,000 horsepower, with four water jets and a top speed of 37 knots. The Dutch yard hailed this as its most powerful project to date. The motoryacht was commissioned by an avid sportfisherman, with a fighting chair and storage for 40 rods. Entertainment was also a big mandate for the design, stretching from Samsung’s “The Wall” screen, an infinity pool, and a dedicated self-cleaning “dog park” for furry guests.

‘Maverick’ (145 feet, 3 inches) Cantiere delle Marche

Maverick is the first Flexplorer 142 to soon be delivered by Cantiere delle Marche (CdM), bought by a young German who is a keen sailor and serial owner of both sailing boats and motoryachts. The owner’s itinerary will see him cruising the Mediterranean, before heading to the Northern latitudes to cross the Northwest Passage and put Hydro Tec’s bold exterior design and running surface to the test. Key features include a custom-built A-frame crane that sits flush on the deck when not in use, collapsible bulwarks that fold-down to reveal a 1,450-square-foot beach club, and an infinity pool at the transom.

Read More On:

• Abeking & Rasmussen

More Marine

Blue Origin Successfully Landed Its 8th Crewed Flight

This Speedy 70-Foot Power Catamaran Is Designed to Cut Through Rough Waters

New Zealand’s Thrilling Win Gets the America’s Cup Off to a Rip-Roaring Start

This Revamped 161-Foot Trinity Superyacht Could Be Yours for $16 Million

Meet the Wine Club That Thinks Differently.

Receive editor-curated reds from boutique California producers four times a year.

Give the Gift of Luxury

Latest Galleries in Marine

10 Must-Haves That Will Make Your Yacht Trip Even Better

6 Electric Surfboards That’ll Help You Ride the New E-Foil Wave

More from our brands, 33 sporty meets-preppy-tennis looks for fall, disney, directv nfl fight faces sunday deadline, how sundance asia is helping taiwan boost local filmmakers, california man receives three-month sentence for smuggling ancient mosaic looted from syria, the best yoga mats for any practice, according to instructors.

All Luxury Yachts Launched In 2023

• Inspiration

Adapt your search results here:

Project blue.

PROJECT GAJA

RENAISSANCE

112M FREIRE SUPERYACHT | From EUR€ 3,000,000/wk

OCEANCO Y720

Project ICECAP

PROJECT STARLIGHT

PROJECT 710

ISA CONTINENTAL 80

PROJECT SILENCE

PROJECT TORO

These are the 10 biggest superyachts at the 2023 Monaco Yacht Show

The Monaco Yacht Show is considered the most exclusive superyacht show in the world, and 2023 did not disappoint. Set around Monaco’s iconic Port Hercules, the event showcased some of the world’s largest superyachts alongside best-in-class superyacht service providers and luxury lifestyle goods befitting of the superyacht world. Guests had the opportunity to meet with service providers from across the yachting industry, including luxury boatbuilders, crew recruiters, yacht designers and naval architects, yacht marketing specialists, and the world’s leading yacht brokerages, such as Northrop & Johnson .

But which yachts reigned supreme at the 2023 Monaco Yacht Show ? Here, we look at some of the largest head-turning vessels

Her many onboard amenities mirror the world’s finest charter yachts, including a glass-fronted swimming pool, a fully equipped fitness suite, a swim platform, and an abundance of water toys.

Highlights include three distinct exterior lounge areas designed to maximise time on the water, with cushioned sun loungers and oversized sun beds, a gym, a large swim platform, luxurious staterooms, and an oversized tender garage housing two tenders and a host of water toys, including a jellyfish pool.

You may also like

The shipyard that built Jeff Bezos’ megayacht has launched yet another stunner – Project 823, a 220 feet long superyacht that is custom built for a billionaire and his family to travel in utmost comfort and luxury.

Ardent environmentalist Steven Spielberg may have to appear in court because of his $250 million megayacht. The luxurious 357 foot long yacht is built by the same shipyard that constructed Jeff Bezos’ Koru sailing yacht.

Not even slightly intimidated by Western authorities – Russia’s richest man proudly sailed his $500 million megayacht Nord from Vladivostok to Hong Kong – The sanctioned billionaire did not even turn off the location responders of his vessel.

Russian billionaire and former owner of the Brooklyn Nets has sold his 312 feet long superyacht to an anonymous billionaire for $150 million. The vessel comes with a wave generating swimming pool, a dance floor with lasers and cabins with self washing windows.

This plush 355 feet long megayacht concept is a floating palace for a billionaire to throw the most memorable parties – The eco-friendly vessel has a 66-ft long infinity pool, a private beach, a grand hall for concerts, and even a garden with trees and grass to relax

Designed for an adventurous billionaire this 197-feet expedition yacht comes with a cigar lounge, treasure cabinet, well-equipped dive center, and double glass walkways.

282 feet long, two spas, 17 televisions and a swimming pool – Steven Spielberg’s ultra-luxury yacht is on sale for $160 million – The master bathroom is bigger than most city apartments.

Lidia Bersani courts luxury loving women with a gold and crystal bedecked mega yacht

Mark Zuckerberg is so protective of his privacy that for the past three months he has deliberately turned off the mandatory location transponders of his $300 million superyacht Launchpad and has been sailing the 387-foot-long vessel completely dark in the Mediterranean.

Please use a modern browser to view this website. Some elements might not work as expected when using Internet Explorer.

• Landing Page
• Luxury Yacht Vacation Types
• Corporate Yacht Charter
• Tailor Made Vacations
• Luxury Exploration Vacations
• View All 3699
• Motor Yachts
• Sailing Yachts
• Classic Yachts
• Catamaran Yachts
• Filter By Destination
• More Filters
• Latest Reviews
• Charter Special Offers
• Destination Guides
• Inspiration & Features
• Mediterranean Charter Yachts
• France Charter Yachts
• Italy Charter Yachts
• Croatia Charter Yachts
• Greece Charter Yachts
• Turkey Charter Yachts
• Bahamas Charter Yachts
• Caribbean Charter Yachts
• Australia Charter Yachts
• Thailand Charter Yachts
• Dubai Charter Yachts
• Destination News
• New To Fleet
• Charter Fleet Updates
• Special Offers
• Industry News
• Yacht Shows
• Corporate Charter
• Finding a Yacht Broker
• Charter Preferences
• Questions & Answers
• Add my yacht

• Yacht Charter Fleet
• New to Fleet News

Top ten brand new superyachts to charter in 2023

• Share this on Facebook
• Share this on X
• Share via Email

By Nina Done   2 June 2023

With the summer season now in full swing, we take a look at some of the newest additions to the charter fleet for 2023.

Offering unparalleled levels of privacy, the chance to spend quality time with your closest friends and family, world-class leisure and entertainment facilities and stunning surroundings there really is no better way to enjoy a vacation than on a luxury yacht charter. Read on to discover our top ten picks of the best new yachts to charter in 2023;

Launched by Golden Yachts last month, the 78m (255ft) superyacht O'REA  is scheduled for delivery to her owner this June, when she will be made available for charter around the sublime cruising grounds of Greece . 

Showcasing a sleek exterior with a plumb bow, the yacht has been designed with relaxation in mind, with plenty of areas onboard where guests can kick back, unwind and entertain in maximum comfort and style.

Highlights include : an expansive swimming pool on her main deck, health bar at the entrance of her lounge area and an abundance of top-quality spa facilities including a sauna, massage room and Hammam. 

Commissioned by highly experienced owners, you can be assured that the elegant 66m (216ft) Rossinavi superyacht ALCHEMY will offer everything you could possibly want on a luxury yacht charter.

Penned by the esteemed Philippe Briand for Vitruvius Yachts, the steel and aluminum motor yacht is a masterclass in design and innovation, with Enrico Gobbi at Team 4 Design heading up her interior scheme.

Highlights include : a spa-centered beach club, a suspended glass staircase, zen-calm interiors and a huge array of land and water toys

Marking her debut onto the world stage at the Palm Beach International Boat Show in March, the custom Amels 60 (196ft) superyacht ENTOURAGE offers her guests a floating oasis of luxury. 

Providing accommodation for 12 guests, she boasts an exceptionally well-equipped master cabin, comprising a dedicated lounge, two bathrooms and adjoining twin-bed guest suite, as well as a fold-down balcony providing glorious over-water views.

Highlights include : a vast sundeck where guests can sip drinks in her Jacuzzi pool or relax on sumptuous loungers, chic light-filled interiors, fold-down balconies and wide deck spaces offering endless opportunities to relax and unwind. 

Available for charter around the glittering coastline of Croatia this summer, the 52m (171ft) Custom sailing yacht SCORPIOS will cut a fine figure in the water as she powers along under sail. Showcasing a striking black hull and blonde teak decking, she is every inch the contemporary sailing yacht .

Her stylish flair continues into her beautiful interiors, featuring elegant herringbone wooden floors, plush carpets and sumptuous sofas, with discrete lighting adding a warm ambiance.

Highlights include : a sun-kissed flybridge offering guests a variety of options with far-reaching views across a number of zones; from her expansive forward dining area to her Jacuzzi with swim-up bar and semi-circular sunpads further aft. 

Marking Benetti ’s third hull in its award-winning B.Now 50 series, the 50m (164ft) superyacht FANTASEA is home to a wealth of charter-pleasing amenities and beautiful interiors that will have charter guests in raptures. 

Designed to reflect the characteristics of the owner’s unique vision and insight, the yacht offers up a wealth of interior and exterior relaxing and social spaces that flow harmoniously between one another.

Highlights include : her vast sundeck, stunning upper deck saloon and 36 square-meter waterside beach club with infinity pool and loungers.

ETERNAL SPARK

Marking the first hull in Bilgin Yacht ’s highly-anticipated 163 series, the 50m (163ft) superyacht ETERNAL SPARK is the perfect blend of performance, style and innovation. 

With a bright and airy scheme that has been cleverly engineered through the use of full-height windows and low external bulwarks, the motor yacht offers guests spacious living areas set across a unique layout, with accommodation for 12 in six luxurious suites. 

Highlights include : a convertible indoor movie theater, with an additional alfresco cinema set-up, oversized glass-walled Jacuzzi on her sundeck and a sunken-level beach club featuring a full-height Finnish sauna, ice fountain, entertainment system and wet bar.

Winning a special commendation award at the World Superyacht awards 2023 , charterers will not go far wrong in making 44m (145ft) yacht ACE  their top choice for their next luxury yacht vacation. 

Built by the up-and-coming Conrad Shipyard in Poland, the yacht is not just a pretty face. Featuring a slew of crowd-pleasing amenities, guests will also love her generous proportions and elegant interiors.

Highlights include : a sun-kissed top deck, featuring an infinity pool with a shaded nearby sit-up bar providing day-long refreshments. This area also benefits from an alfresco cinema set up for movie nights under the stars.  

Available for charter around the Mediterranean , the 40m (131ft) yacht LADY FIRST is the perfect platform for first-timers looking to dip their toes into the charter waters this summer.

Launched earlier this year as part of their Belissima 130 range, the Riva yacht is elegance personified.

Highlights include : a lavish, 60 square-meter beach club and a spacious sundeck that provides guests with ample alfresco outdoor entertainment spaces. Meanwhile, principle charterers are in for a treat with their own on-deck stateroom complete with a terrace and Jacuzzi that offers next level privacy and comfort for their yacht vacation.

Representing the second hull in Gulf Craft ’s Majesty 120 series, the 37m (121ft) superyacht OLIVIA will mark her debut onto the charter market in the celebrated cruising grounds of the West Mediterranean .

The yacht's tri-deck design offers ample spaces for socializing and relaxing, as well as a variety of interior and alfresco dining options.

Highlights include : an expansive sundeck with a beechwood finish wet bar and large Jacuzzi, a crowd-pleasing beach club and swim platform with retractable steps where guests can take to the warm Mediterranean sea on her array of toys and accessories. 

Set to welcome her first guests around the sublime cruising grounds of the East Mediterranean, the sumptuous 36m (117ft) yacht ANDIAMO makes a wonderfully comfortable choice for a luxury yacht charter this summer. 

The brand new Sanlorenzo SD118 has been purpose-built for outdoor living, with generous deck spaces offering swathes of sunbathing opportunities and plenty of lounging space. She also offers a great family-friendly layout; ideal for guests with children or groups of friends keen to experience the high life. 

Highlights include : a large swim platform and beach club stocked with an array of the latest water toys, exercise equipment, on-deck Jacuzzi and fold-down balconies in the main and upper deck salons. She also boasts a top speed of 19 knots, perfect for island hopping around the East Mediterranean. 

So there we have it, ten incredible new yachts all available for charter this year and you can be among the first step on board and experience a wonderful vacation in the utmost luxury.

To find out more about any of the superyachts featured in this list get in touch with your preferred yacht charter broker . Alternatively, view the entire fleet of superyachts available for luxury yacht charter.

Other standout new yachts available for charter

48m Dunya Yachts 2024

47m Sanlorenzo 2023

55m Custom 2024

41m Benetti 2023

30m Ferretti Yachts 2023

27m Sanlorenzo 2023

• READ MORE ABOUT:
• Brand new for charter

RELATED STORIES

Previous Post

In pictures: MALTESE FALCON completes her refit at Lubsen

Caribbean yacht charter fleet welcomes 67m superyacht CALEX to its ranks

EDITOR'S PICK

Latest News

30 August 2024

29 August 2024

27 August 2024

• See All News

Yacht Reviews

• See All Reviews

Charter Yacht of the week

Join our newsletter

Useful yacht charter news, latest yachts and expert advice, sent out every fortnight.

Please enter a valid e-mail

Thanks for subscribing

Featured Luxury Yachts for Charter

This is a small selection of the global luxury yacht charter fleet, with 3699 motor yachts, sail yachts, explorer yachts and catamarans to choose from including superyachts and megayachts, the world is your oyster. Why search for your ideal yacht charter vacation anywhere else?

136m | Lurssen

from $3,324,000 p/week ♦︎

115m | Lurssen

from $2,893,000 p/week ♦︎

85m | Golden Yachts

from $1,001,000 p/week ♦︎

88m | Golden Yachts

from $1,223,000 p/week ♦︎

84m | Feadship

from $1,111,000 p/week ♦︎

93m | Feadship

from $1,556,000 p/week ♦︎

Maltese Falcon

88m | Perini Navi

from $490,000 p/week

122m | Lurssen

from $3,000,000 p/week

As Featured In

The YachtCharterFleet Difference

YachtCharterFleet makes it easy to find the yacht charter vacation that is right for you. We combine thousands of yacht listings with local destination information, sample itineraries and experiences to deliver the world's most comprehensive yacht charter website.

San Francisco

• Like us on Facebook
• Follow us on Twitter
• Follow us on Instagram
• Find us on LinkedIn
• Add My Yacht
• Affiliates & Partners

Popular Destinations & Events

• St Tropez Yacht Charter
• Monaco Yacht Charter
• St Barts Yacht Charter
• Greece Yacht Charter
• Mykonos Yacht Charter
• Caribbean Yacht Charter

Featured Charter Yachts

• Maltese Falcon Yacht Charter
• Wheels Yacht Charter
• Victorious Yacht Charter
• Andrea Yacht Charter
• Titania Yacht Charter
• Ahpo Yacht Charter

Receive our latest offers, trends and stories direct to your inbox.

Please enter a valid e-mail.

Thanks for subscribing.

Search for Yachts, Destinations, Events, News... everything related to Luxury Yachts for Charter.

Yachts in your shortlist

Rose Climbs the Heights to Win Superyacht Cup Palma 2023

Three days of inspiring racing at Superyacht Cup Palma 2023 concluded today with the 24m Farr-designed Rose becoming the first Wally Yacht to win Europe's longest-running superyacht regatta.

The St. Regis Race Day finale delivered another instalment of the excellent race conditions that the Bay of Palma is famed for, with 10 to 12 knots of wind and bright sunshine.

With two wins in Class B already on account, Rose began the final day in pole position and was able to claim a third race victory — but only by five seconds on corrected time in front of the well sailed Swan 100 Onyx , who finished second in class .

Speaking at the celebratory Prize-Giving on the terrace of the Real Club Náutico de Palma Rose's tactician Jesper Radich said : "This year was amazing for us — at times it was difficult but by the end we had super conditions. It was windy, it was sunny, it was shifty, so not a straightforward course and you really had to make decisions on every leg.

"So really challenging and we came out on the winning side. Today we only won by five seconds, and it doesn't get any closer than that after two hours of racing. I've done a lot of match racing and that was what it was like out there, a lot of fun."

Meanwhile, in a similarly closely contested Class A the venerable and elegant J Class classic Velsheda claimed victory with two race wins, finishing a point ahead of her J Class rival Svea , who posted a 2-2-2 scoreline. Both were clear of the modern 33m Ribelle — who won day 2 — and her Malcolm McKeon-designed Vitters Yard stablemate Pattoo .

"We have just come out of a major refit, so it was great to be here, one hundred percent," said skipper Barney Henshaw-Depledge .

"We had a good first day and then the second was more painful as we were OCS, but today I guess we got lucky. We have had ups and downs in Palma but it's great and the conditions are so good. It's been great."

Superyacht Cup Palma 2024

Announcing that Superyacht Cup Palma 2024 will be held between June 19 to 22 next year, and reflecting on this year's 27th annual celebration of sail, SYC Event Director Kate Branagh said : "We have had a fabulous few days with fantastic racing and great weather, and everyone has enjoyed it. It's been terrific to again welcome boats back to Palma and we are looking forward to seeing them again next year."

Branagh also repeated her gratitude for the support of long-running partners such as Preferred Hotel Partner St. Regis Hotels & Resorts, Destination Partner New Zealand, and Official Timepiece Jaquet Droz.

Related articles

Offshore racing congress partners.

Log in to ORC Sailor services using email and password

ORC Sailor Services allows you access to ORC Database of all ORC certificates issued worldwide such as accessing speed guides, target speeds and do test runs on any certificate.

ORC Sailor Services - Password reminder

Please enter the e-mail address registered for the ORC Sailor Services to receive your password

ORC Sailor Services

With an ORC Certificate you are getting more than just a rating. ORC Sailor Services allows you access to the ORC Database of all ORC certificates issued worldwide.

Far-right party tipped to win state elections in east Germany

Watch: Dead fish plague Greek tourist resort after last year's floods

Russia unleashes deadly drone and missile attack targeting 'Ukrainian infrastructure'

Telegram messaging app founder arrested at airport outside Paris

Body recovered of last person missing from sunken superyacht off Sicily

Watch: Police raid Andrew Tate's Bucharest residence

Expert calls superyacht sinking a 'black swan' event as search continues off Sicily

Luxury superyacht sinks off Sicily with 22 people on board after hurricane-like storm

Pilot killed after plane crashes into sea during French air show

'Bravo!' Parisians reflect upon the 2024 Olympic Games with surprise and pride

Wildfire rages out of control in suburbs north of Athens, Greece

Funeral held for 9-year-old girl killed at a Taylor Swift-themed event in Southport, U.K.

Watch: Man climbs Eiffel Tower ahead of Olympics closing ceremony

Bodycam footage shows U.K. police being pelted with fireworks during riots

Russia says it destroyed U.S.-supplied Bradley fighting vehicles in Kursk

‘Nazi scum, off our streets’: U.K. anti-racism protesters turn out in force

Austrian police detail arrests of two suspects in Taylor Swift concert terror plot

Ukrainian forces come under attack after crossing border into Russia

Hotel collapse kills at least two people in Germany

Far-right anti-immigrant riots break out across the U.K..

Watch: dead fish plague greek tourist resort after last year's floods.

Greek authorities have collected 40 tons of dead fish that poured into a tourist port in the central city of Volos this week. Aug. 29, 2024

Best of NBC News

NBC News NOW

Content creator nicolas nuvan reunites with chef niki in jamaica.

Space architects are designing habitats for life beyond earth

Palestinian content creator killed in airstrike as fighting halts in Gaza for polio vaccine

Report finds health violations at Boar's Head plant linked to listeria outbreak

Refugee Paralympic team takes home first ever medal

Alaska fighting 'overtourism' with vote to limit cruise ships

Sunk Superyacht Likely to Cost Insurers at Least $150 Million, Experts Say

FILE PHOTO: Bayesian, a 56-meter-long sailboat, which later sank off the Sicilian capital Palermo, is seen in Santa Flavia, Italy August 18, 2024 in this picture obtained from social media. Baia Santa Nicolicchia/Fabio La Bianca/via REUTERS/File Photo

By Noor Zainab Hussain and Carolyn Cohn

LONDON (Reuters) - Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on the hook for at least $150 million, according to the first estimates by industry experts.

The British-flagged 56-metre-long (184-foot-long) yacht, which the experts estimated cost around $40 million, capsized and went down on Aug. 19 within minutes of being hit by a pre-dawn storm while anchored off northern Sicily.

The superyacht's hull was insured against physical damage by yacht insurance provider OMAC and a consortium of insurers including Travelers Companies Inc, Navium Marine and Convex, Reuters reported last week.

Its protection and indemnity (P&I) insurance, which typically covers third-party liability claims including for environmental damage, injury and death, was provided by British Marine.

The hull was likely insured for around $40 million, while the P&I cover would be larger, insurance sources said.

"Our understanding is that the cost of the boat was between $40 and $50 million, so the limit of the hull & machinery policy was probably around those values," said Marcos Alvarez, managing director, global financial institution ratings at Morningstar DBRS.

The P&I policy would likely be "several multiples" of the hull policy, or $200-300 million, Alvarez added, noting it would also likely cover liability payments even if the captain or crew are found to be negligent.

Prosecutors in the town of Termini Imerese, near Palermo, are investigating the captain and two other crew members. An investigation does not imply guilt or mean formal charges will follow. Prosecutors have said the probe would take time and require salvaging the wreck.

Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.

P&I insurance would also cover recovery of the Bayesian, said Francesco Dubbioso, country manager for Italy for insurer Alta Signa Europe, who estimated the superyacht's value at $30 million to $40 million.

Reuters is the first to report the potential insurance costs. OMAC, Travelers and Navium Marine did not immediately respond to Reuters' for comment. Convex declined to comment.

The Bayesian disaster, which has puzzled experts who said the boat would have been built to withstand a severe storm, adds to recent woes for yacht insurers, who have faced a raft of hurricane losses in the past few years.

Premium rates have risen by four to five times in the past couple of years in parts of the U.S. and the Caribbean, and yacht insurers have cut the amount of cover they provide because of the risks, Seikaly said.

As a result, insurers have increased rates and re-evaluated their guidelines and risk appetite, according to industry experts.

As well as hurricanes, insured losses have mostly stemmed from severe storms, floods, and other weather events in North America, the Caribbean, and Europe, according to a report by broker Marsh.

Seikaly said four clients had last week been ready to buy boats but changed their minds because of the high cost of insurance.

Climate change was also likely to add to yacht insurers' worries, Seikaly added, as it throws up more unexpected events.

"Whoever thought a storm in the Mediterranean in the month of August is going to sink a ship?"

(Additional reporting by Sinead Cruise; editing by Michelle Price and Sandra Maler)

Copyright 2024 Thomson Reuters .

Photos You Should See - July 2024

Join the Conversation

Tags: environment , United States , Italy , United Kingdom , Europe

America 2024

U.S. News Decision Points

Your trusted source for the latest news delivered weekdays from the team at U.S. News and World Report.

Sign in to manage your newsletters »

Sign up to receive the latest updates from U.S News & World Report and our trusted partners and sponsors. By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy .

You May Also Like

The 10 worst presidents.

U.S. News Staff Feb. 23, 2024

The Best Cartoons on Donald Trump

Aug. 29, 2024, at 4:08 p.m.

Joe Biden Behind The Scenes

Aug. 20, 2024

Trump Sputters in Bid to Seize Spotlight

Laura Mannweiler Aug. 30, 2024

Harris Campaign Slams Trump on IVF

Cecelia Smith-Schoenwalder Aug. 30, 2024

Inflation in Check, Fed Rate Cut Likely

Tim Smart Aug. 30, 2024

3 Takeaways: Harris-Walz Interview

Cecelia Smith-Schoenwalder Aug. 29, 2024

Trump, Harris Dangle Tax Cuts on Trail

Tim Smart Aug. 29, 2024

Debate Offers Trump Hurdles, Openings

What Trump, Harris Supporters Agree On

Alan Kronenberg Aug. 29, 2024

Who was on superyacht that sank off Sicily?

Twenty-two people were on board the Bayesian superyacht including British technology tycoon Mike Lynch, his wife and 18-year-old daughter, and Morgan Stanley International boss Jonathan Bloomer.

Friday 23 August 2024 12:34, UK

Details have emerged of the 22 people who were on board the superyacht that sank off the coast of Sicily.

The British-flagged vessel named Bayesian was carrying 12 passengers and 10 members of crew when it got into difficulty in the early hours of Monday.

Seven bodies have now been recovered. The other 15 people on board were rescued.

Here's what we know about those who were on the yacht.

Follow latest updates on the superyacht sinking

British technology tycoon Mike Lynch was among the original six people missing. On Thursday, divers confirmed his body had been recovered.

Raised in Ilford, east London by Irish parents, the 59-year-old made millions with the software company Autonomy he set up in 1996.

He had an estimated net worth of £852m, according to the 2023 Sunday Times Rich List, and is believed to have owned the yacht.

Off the back of Automomy's global success, Mr Lynch was given the roles of science adviser to former prime minister David Cameron and non-executive director of the BBC.

The Cambridge maths and sciences graduate sold the firm for £8.64bn to US giant Hewlett Packard (HP) in 2011.

Dubbed the "British Bill Gates", Mr Lynch has been in the headlines in recent months over a high-profile fraud case related to the sale of Autonomy to HP in 2011.

HP accused him of deliberately overstating the value of the company before it was acquired by the American technology firm. Mr Lynch denied any wrongdoing.

In June, a US jury cleared him of all charges .

Read more: Lynch's co-defendant dies days before yacht disaster

Hannah Lynch

Mr Lynch's 18-year-old daughter Hannah Lynch was also on board. A body believed to be that of the teenager was recovered on Friday from the yacht wreckage.

She had been on holiday with her parents, having secured a place to study English at the University of Oxford, according to reports.

Her former school, Latymer Upper School in Hammersmith, west London, said they were "incredibly shocked by the news that Hannah and her father are among those missing in this tragic accident" when the yacht first sank.

Angela Bacares

Mr Lynch's wife Angela Bacares was on board the yacht and was rescued.

The 57-year-old said she and Mr Lynch were awoken by the boat "tilting" at 4am - half an hour before it sank.

Jonathan Bloomer

Jonathan Bloomer, the chairman of investment bank Morgan Stanley International, was confirmed dead on Thursday.

According to the Financial Times, Mr Bloomer appeared as a defence witness for Mr Lynch during his US criminal trial and the pair were good friends. He also chaired Autonomy's audit committee.

The 70-year-old was the chief executive of UK-Hong Kong insurer Prudential until he was ousted by the board in 2005.

He was also chairman of the insurance provider Hiscox.

Judy Bloomer

Mr Bloomer's wife Judy was on the yacht trip with her husband. Divers confirmed they found her body on Thursday.

Mrs Bloomer was a former board member at The Eve Appeal charity, which focuses on gynaecological cancers.

The charity described her as a "brilliant champion for women's health and medical research... an incredible supporter, committee member, and trustee of our charity for over 20 years".

Read more: 'Alarming' potential cause of superyacht disaster What we know about superyacht that sank

Recaldo Thomas

The yacht's on-board chef Recaldo Thomas died in the sinking.

He was Canadian-Antiguan and part of the crew of the Bayesian.

His body was the first to be recovered from the wreckage.

Chris Morvillo

US lawyer Chris Morvillo was among those divers found dead on Thursday.

The father-of-two worked on Mr Lynch's US fraud trial and was a partner of law firm Clifford Chance's US branch.

Mr Morvillo was assistant attorney for the Southern District of New York between 1995 and 2005 and worked on the terrorist investigation into the 9/11 attacks.

In a recent LinkedIn post, he thanked the legal team that helped win Mr Lynch's trial.

Signing off the post, he said: "And, finally, a huge thank you to my patient and incredible wife, Neda Morvillo, and my two strong, brilliant, and beautiful daughters, Sabrina Morvillo and Sophia Morvillo.

"None of this would have been possible without your love and support. I am so glad to be home. And they all lived happily ever after…."

Neda Morvillo

Mr Morvillo's wife Neda died in the disaster alongside her husband.

The 57-year-old had a luxury jewellery brand, which she ran under her maiden name Neda Nassiri.

Keep up with all the latest news from the UK and around the world by following Sky News

Ayla Ronald

Ayla Ronald, a senior associate at Clifford Chance, survived the yacht disaster, the law firm confirmed.

The 36-year-old worked alongside Chris Morvillo in helping defend Mike Lynch in court.

Clifford Chance said in a statement: "Our utmost priority is providing support to the family as well as our colleague Ayla Ronald, who together with her partner, thankfully survived the incident."

She is originally from Christchurch, New Zealand, but lives in London, her father told local media there.

He said she was left "very shaken" but "she and her partner are alive".

Charlotte Golunski

Charlotte Golunski was on board the yacht and was rescued along with her one-year-old daughter, Sofia.

She spoke to Italian newspaper La Repubblica, confirming she survived the yacht sinking and told how she kept her daughter alive after she was rescued.

"I held her afloat with all my strength, my arms stretched upwards to keep her from drowning," she said.

"It was all dark. In the water I couldn't keep my eyes open. I screamed for help but all I could hear around me was the screams of others."

The 35-year-old is a partner at one of Mr Lynch's firms - Invoke Capital - and has worked there since 2012, according to her LinkedIn profile.

She also worked at Hewlett Packard, which acquired Autonomy in 2011, for 11 months.

Before that, she studied history at the University of Oxford.

Be the first to get Breaking News

Install the Sky News app for free

James Emsley

Ms Golunski's partner James Emsley was also rescued from the yacht, according to Sicily's civil protection agency.

The 36-year-old is the father of her one-year-old daughter.

James Cutfield

The 51-year-old captain of the yacht spoke to Italian newspaper La Repubblica after he was rescued.

Mr Cutfield, from New Zealand, was taken for treatment at the Termini Imerese emergency unit, where he told the newspaper: "We didn't see it coming."

Leah Randall

Leah Randall was part of the Bayesian crew and survived the sinking.

She was pictured going ashore in Porticello on Monday morning and is from South Africa.

Her mother Heidi told Sky News said she was "beyond relieved that my daughter's life was spared by the grace of God".

"It doesn't make it any easier living with the heartache of those who have lost their lives [or are] missing. My very deepest condolences to the chef's family as they formed a great friendship," she said.

Katja Chicken

Katja Chicken was another South African member of crew on board the Bayesian and was pictured being brought to safety in Porticello on Monday.

The Italian coastguard confirmed on Tuesday evening that Leo Eppel, a crew member, also survived the yacht sinking.

Related Topics

• Superyacht sinking

More From Forbes

Sailing giant nautor swan 75-foot motor yacht arrow to debut at cannes.

• Share to Facebook
• Share to Twitter
• Share to Linkedin

An overhead view of the 75-foot Nautor Swan power yacht, Arrow, at the August launch from the ... [+] Sanlorenzo shipyard in the Gulf of La Spezia.

The star of the show in sailing yachts since the mid 1960s, Nautor Swan is set to debut their newest power yacht, Arrow, at the Cannes Yachting Festival , September 10-15, 2024. Launched August 28, 2024 at the Sanlorenzo La Spezia shipyard, this elegant, sporty, functional sister cygnet is destined to mature at light speed after her global reveal.

Designed by Nautor Swan power division designer Jarkko Jamsén, with interiors by Ioanna Marinopoulou and Axel de Beaufort, Arrow features a contemporary design with wide open spaces that invite longer, more leisurely cruise experiences. Initially intended to be categorized as a chase boat, Arrow proved her prowess as a stand alone day boat in part due to a rapidly increasing fan base.

A rendering of the extensive beach club of the Nautor Swan power yacht Arrow, designed by Jarkko ... [+] Jamsén.

The first ever Nautor Swan powerboat launched was the Swan Shadow, followed by an inboard version, the Swan OverShadow, which debuted at Cannes in 2023. As Nautor Group President Leonardo Ferragamo noted, "When it was launched the result was overwhelming as it became a boat of its own, creating its specific niche in our waters and becoming a great day boat." That passion exhibited by the team and shared by the market led to the Swan Arrow, a 75-foot motor yacht displaying the totemic Swan DNA.

Arrow By The Numbers

The Nautor Swan Arrow is built in advanced composites using a mix infused with GRP and carbon. The walkaround design emulates that of a superyacht, but in a more nimble, highly usable format, using less fuel in a more intimate atmosphere. Focused on interaction with the sea, side opening platforms creates a 548 square foot (50 square meter) beach area that floats just above sea level. Convenient fold-down steps take guests right down to the water.

New Password Hacking Warning For Gmail, Facebook And Amazon Users

Trump vs. harris 2024 polls: harris’ lead grows—winning by 5 points in one survey, today’s nyt mini crossword clues and answers for thursday, august 29th.

Rendering of the Nautor Swan motor yacht Arrow with beach club decks opened to welcome the sun.

A protected cockpit with an opening roof and pivoting sliding glass doors permits a broad panoramic view. The space refreshes with an al fresco vibe when open, maintaining a cozy feel when enclosed. Designed for comfort, Arrow is versatile in helping guests to enjoy time on board regardless of weather.

Her displacement hull measures 76 feet (23.20 meters) with a 22 foot (6.90 meter) beam and a 6 foot 3 inch (1.90 meter) draft. Her maximum speed is 30 knots in the standard arrangement using two Volvo 1350 D13 Penta IPS engines, or 40 knots with the optional arrangement employing three of the same.

The Nautor Swan motor yacht Arrow at Sanlorenzo shipyard La Spezia launch.

Arrow accommodates six to eight guests and two crew. Descending the stairs, guests looking to port find a dedicated galley that serves the aft master cabin. Reaching across the full beam, the master cabin space boasts a walk-in closet, ensuite bath, and stylish materials typical of Nautor Swan heritage.

Amidships, a VIP cabin and twin cabin, both en suite, deliver private guest spaces. An alternative layout offers two large double cabins with a lounge embracing a starboard salon, L-shaped sofa, and dining area. Away from guest areas, crew space for two is located further forward.

Stern view of the Nautor Swan motor yacht Arrow as she prepares to splash at Sanlorenzo's La Spezia ... [+] shipyard.

Roy Capasso, Motoryacht Commercial Director and Regional Director SEMEA and Americas, summarized, "When starting the Swan Arrow project we began with attentively listening to our clients and a detailed analysis of the market. The results, together with the creativity of our designer and the expertise of a qualified team have allowed us to introduce a new concept with some features missing in motoryachts of this size, answering the needs of their owners."

On The Horizon

Bow shot showing the exterior design of Jarkko Jamsén on Nautor Swan's newest power yacht, Arrow, at ... [+] the La Spezia launch in August.

Founded in 1966, Nautor Swan is universally recognized for its performance Maxi yachts and Club Swan Racing yachts, as well as leisure sailing yachts, all built with an elegant, high quality style emphasizing innovation, reliability, and performance. The addition of a power division at Nautor Swan embellishes the brand with a broad appeal, bridging the gap that once separated power versus sail preferences with one brand.

An agreement between Sanlorenzo and Swan for the acquisition of Nautor Swan Group was announced August 1, 2024, but the continuity of the brand is assured through the leadership of Nautor Swan, helmed by Leonardo Ferragamo, retaining the office of President, Massimo Perotti as CEO, and Giovanni Pomati as co-CEO.

Rendering of the 75-foot Nautor Swan motor yacht Arrow, to debut at this year's Cannes Yachting ... [+] Festival.

The Arrow is not the only Swan with a scheduled debut at the Cannes Show. The Swan Maxi 88 sailing yacht will make her debut, along with the Club Swan 43 . The Swan 88, designed by Germàn Frers with interiors by Misa Poggi, is expected to earn as many admiring looks as the Arrow. The Club Swan 43, designed by Juan Kouyoumdjian, is intended to serve as a racing and cruising crossover enhanced by top of industry technology for competitive one-design sailing and a comfortable cruising environment.

• Editorial Standards
• Reprints & Permissions

Join The Conversation

One Community. Many Voices. Create a free account to share your thoughts. 

Forbes Community Guidelines

Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

In order to do so, please follow the posting rules in our site's  Terms of Service.   We've summarized some of those key rules below. Simply put, keep it civil.

Your post will be rejected if we notice that it seems to contain:

• False or intentionally out-of-context or misleading information
• Insults, profanity, incoherent, obscene or inflammatory language or threats of any kind
• Attacks on the identity of other commenters or the article's author
• Content that otherwise violates our site's  terms.

User accounts will be blocked if we notice or believe that users are engaged in:

• Continuous attempts to re-post comments that have been previously moderated/rejected
• Racist, sexist, homophobic or other discriminatory comments
• Attempts or tactics that put the site security at risk
• Actions that otherwise violate our site's  terms.

So, how can you be a power user?

• Stay on topic and share your insights
• Feel free to be clear and thoughtful to get your point across
• ‘Like’ or ‘Dislike’ to show your point of view.
• Protect your community.
• Use the report tool to alert us when someone breaks the rules.

Thanks for reading our community guidelines. Please read the full list of posting rules found in our site's  Terms of Service.