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Feadship’s New 246-Foot Superyacht Has a Design Sharp Enough to Slice Through the Water

The aptly named boat has a trailblazing, streamlined silhouette., michael verdon, michael verdon's most recent stories.

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With a simple but dramatic exterior defined by sharp, angular lines, compressed space between the decks and a razor-like bow, Feadship ’s new 246-foot creation presented little challenge when it came to a moniker. At launch, the owner made a point of its profile by naming the yacht Arrow .

“She’s a trailblazer, with a cutting-edge design that is very much the face of this period of the 21st century,” noted Feadship director Henk de Vries during the christening. “She is also an exceptional family yacht, quite possibly the best we have ever completed.”

London-based H2 Yacht Design paid particular attention to details such as low glass railings, wide gangways and the hot tub with a custom mosaic pattern. Such granular consideration extends to the varnished teak furniture, which is elaborately accented and surrounded by backlit marble.

The owner, whose only previous watercraft was a 10-foot dinghy as a child, was clearly emotional upon delivery. “This is actually my first real boat,” he told the assembled guests. “I have, however, seen many other people’s superyachts and have to say that Arrow is the most beautiful and amazingly executed of them all.”

View this post on Instagram The 75-metre Feadship Arrow cutting through the waves of the North Sea, successfully performing her sea trials. | 📸: @tomvanoossanen for Feadship⁠⠀ ⁠⠀ #Feadship #Arrow #SeaTrials #NorthSea #TheNetherlands #drone #dji #dronestagram #aerial #aerialphotography #birdseye A post shared by Feadship (@feadship) on Mar 4, 2020 at 4:15am PST

Jonny Horsfield, who led the H2 design process, wanted to create a “contemporary, fresh” profile. “The surfacing and shapes of the yacht are quite complex,” he says. “At the same time, it’s very clean and flowing. I’m a car designer by training, so proportions are important. We’re fortunate Arrow ’s owner didn’t want too much of a superstructure and didn’t push to use every square foot of the interior.”

The absence of the usual top deck also gave Horsfield and his team the latitude to create a sleek, uncluttered profile. “We’ve designed some accommodation hidden in the upper arch, so they can still use the upper deck,” he explains. “But it’s a more subtle design than you see on most yachts her size.”

Horsfield is also pleased with the name selected. “It suits the overall styling, especially the way the windows are shaped and move forward into the pointed hull,” he says. “We even created a logo for it that looks like an abstract arrowhead.” Although not confirmed as of press time, the superyacht is expected to debut to the public at the Monaco Grand Prix in May.

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ARROW Yacht – Stunning $120 Million Superyacht

The $120 Million gem known as ARROW yacht belongs to Michael Platt, founder of the third biggest hedge-fund institution in all of Europe – BlueCrest .

He has been renowned for providing businessmen with gains of up to 50% over the years allowing him to reach an overall net worth of over 13 billion dollars.

This procurement of wealth has allowed him to join the ranks of the few people lucky enough to purchase and maintain a flagship superyacht like ARROW, the 75-meter yacht.

ARROW yacht

Like her many counterparts such as Symphony and Venus, she was engineered and built by Feadship ; a shipbuilding company that set out to construct and design high-end and top-quality yachts for clients who want to indulge in their expensive taste.

ARROW superyacht was interiorly designed by H2 Yacht Design, a company with over 20 years of experience in the yacht design industry founded by Jonny Horsfield.

His company also created many other superyachts like Graceful and Talisman C.

Originally built for both indoor and outdoor living, this $120 Million yacht is a spectacle to see. She is 75 meters (246 feet) long, placing her in the top 200 biggest yachts globally.

She boasts a beam of 42 feet, with ample amounts of space for lounging and entertainment. She is built using the standard steel and aluminum combination, much like her superyacht sisters.

ARROW has onboard amenities such as a movie theatre, a sun deck, a steam room, a gym, a jacuzzi, and an infinity view glass. She is also equipped with Wi-Fi and air conditioning throughout.

She is also equipped with onboard jet skis, kayaks, wakeboards, scuba diving equipment, paddleboards, and even specialized e-mountain bikes to maintain the outdoor vacation vibes.

ARROW is powered by 2 MTU Hybrid propulsion engines equipped with 3x C9.3 – 245kWe generators to keep her up and running.

This large motor, along with her 185,000-liter fuel, enables her to travel up to 5,500 nautical miles with a comfortable cruising speed of 14 knots and a max speed of 17 knots.

With onboard anchor stabilizers, one is sure to have a comfortable and enjoyable ride. The cost of running this 1850-tonne vessel is approximately $10 Million, not including docking and maintenance fees. 

Due to her large capacity, ARROW can accommodate 12 guests and 24 crew members by utilizing her for guest staterooms and one VIP stateroom, making it great for getaways.

ARROW can be seasonally chartered and the price ranges between $988 000 to $1 Million per week. She accepts bookings for winter in the Caribbean and the Western Mediterranean in Summer. 

ARROW yacht departing Gibraltar

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About Arrow

Arrow is a Feadship of firsts in various ways, not least the fact that this is the inaugural new-build superyacht commissioned by the owners. This striking 75-metre motoryacht is also the first Feadship to be drawn by Jonny Horsfield and his team at the H2 Yacht Design studio in London, which is a mighty fine way to celebrate 25 years in the business.

The result is a striking Feadship with a complex exterior featuring elegant sculpted elements and shapes. The intricate outdoor spaces include elaborately detailed premium furniture normally associated with an interior with back lit marble and varnished teak. The low glass railing accentuates the sleek lines of the yacht as a whole. High deck heights and expansive gangways make for an outstandingly spacious feel as you walk between areas such as the sun deck with its bespoke mosaic-lined jacuzzi and the sensational beach club aft with a truly unique bar area.

Arrow’s launch specifications

Accommodation, entertainment, more feadships.

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By SuperyachtNews 13 Jan 2020

Feadship celebrates launch of 75m Arrow

An emotional moment for first-time superyacht owner….

On Friday 10 January, Feadship hosted the official naming ceremony of its latest vessel. This is the first time that 75m Arrow has been seen with her lighting added and exterior outfitting complete.

The ceremony started with a speech from Henk de Vries thanking the owner. “While all Feadships are pure custom projects, there have been quite a number built recently around the 90-metre mark, considerably longer than the 60-metre spectrum that was more common a decade or two ago. At 75 metres, Arrow is right in the middle of this range and a trailblazer for a new and ground-breaking line of super-luxurious boats in this length. She is also an exceptional personal family yacht, quite possibly the best we have ever completed. Arrow  is the perfect way for Feadship to launch into a new decade with a cutting-edge design that is very much the face of this period of the 21st century.”

His first ever yacht purchase, the owner of Arrow stated that the launch is an emotional moment for him. “Although I had a ten-foot dingy as a child, this is actually my first real boat. I have, however, seen many other people’s superyachts in my life and have to say that Arrow is the most beautiful and amazingly executed of them all.

“Working together with Henk and the whole team at Feadship has been an absolute pleasure since the day we agreed the contract. The way everyone seamlessly cooperated to blend the exterior with the interior was an unrivalled experience for me. Having now seen the end result there is no doubt in my mind: the best car is a Rolls-Royce and the equivalent in the superyacht world is definitely a Feadship.”

According to data from The Superyacht Agency, Feadship currently has four more vessels due for delivery in 2020. Additionally, in support of Henk de Vries’ statement, when looking at the average LOA of yachts delivered since 2010, it is evident that Feadship is currently delivering larger yachts than in previous years

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ARROW YACHT CHARTER

75m  /  246'1   feadship   2020.

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Cabin Configuration

• 1 Double/Twin

Special Features:

• Sophisticated beach club with wet bar, widescreen TV and plush seating areas
• Bespoke mosaic-tiled swimming pool
• Array of alfresco seating and dining options
• Premium wellness facilities
• High ceilings and wide gangways offer spacious luxury

With plenty of onboard entertainment, motor yacht Arrow is an exceptional yacht charter choice

The 75m/246'1" 'Arrow' motor yacht built by the Dutch shipyard Feadship is available for charter for up to 12 guests in 6 cabins. This yacht features interior styling by English designer H2 Yacht Design.

Built in 2020, Arrow is designed for exquisite indoor/outdoor living and boasts voluminous interior and exterior spaces across several decks: ideal for bronzing, lounging or entertaining. She has sensational features such as a movie theatre, spa, elevator, underwater lights, beach club and gym.

Guest Accommodation

Arrow offers guest accommodation for up to 12 guests in 6 suites comprising a master suite, one VIP cabin, three double cabins and one cabin that can operate as twin or double. A crew of nineteen, who specialize in creating exceptional charters, are on hand to provide guests with a yacht charter vacation to remember.

Onboard Comfort & Entertainment

You and your guests can enjoy a variety of experiences on Arrow such as a state-of-the-art movie theatre for movie nights. Take a break from a busy itinerary in the steam room and visit the sauna and disconnect in peace and quiet. Take the opportunity to be thoroughly pampered and indulged in the spa plus head to the beach club and take advantage of indoor-outdoor living and entertaining. You can visit the well-equipped gym so that you can keep up with your fitness routine at sea or retreat to the deck jacuzzi and soak up the scenery.

Arrow benefits from some excellent features to improve your charter such as an elevator, making any part of the yacht quickly and easily accessible. Satellite communication systems keep you in touch wherever you voyage and soak up the atmosphere after dark with dramatic underwater lights. With Wi-Fi connectivity you don't have to lose contact with the outside world, unless you want to plus you can stay comfortable on board whatever the weather, with air conditioning during your charter.

Performance & Range

Built with a steel hull and aluminium superstructure, she offers greater on-board space and is more stable when at anchor thanks to her full-displacement hull. Powered by twin MTU engines, she comfortably cruises at 13 knots, reaches a maximum speed of 17 knots with a range of up to 7,278 nautical miles from her 185,000 litre fuel tanks at cruising speed. Arrow features at-anchor stabilizers providing exceptional comfort levels.

Set against the backdrop of your chosen cruising ground, you and your guests can enjoy fun on the water with the collection of water toys and accessories aboard Arrow. Take to the sea on the Jet Skis offering you power and control on the water. Additionally, there are towable toys offering fun and adventure. Also there are three waterskis that are hugely entertaining whether you are a beginner or a seasoned pro. If that isn't enough Arrow also features a seabob, wakeboards, kayaks, scuba diving equipment and paddleboards. Arrow features three tenders, but leading the pack is a 9.7m/31'10" Werft Meyer Open Tender to transport you in style.

Book your next the Mediterranean luxury yacht charter aboard Arrow this summer. She is already accepting bookings this winter for cruising in the Caribbean.

With a highly experienced and talented crew of 19, you can be sure that each and every need will be met and exceeded while on board this prestigious motor yacht.

TESTIMONIALS

There are currently no testimonials for Arrow, please provide .

Arrow Photos

Amenities & Entertainment

For your relaxation and entertainment Arrow has the following facilities, for more details please speak to your yacht charter broker.

Arrow is reported to be available to Charter with the following recreation facilities:

• 1 x 9.7m  /  31'10 Werft Meyer Open Tender
• 1 x 9.2m  /  30'2 Werft Meyer RIB
• 1 x 6.2m  /  20'4 Werft Meyer Rescue Boat

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

Arrow Awards & Nominations

• Boat International Design & Innovation Awards 2021 Outstanding Exterior Motor Yacht Design - 60m and above Finalist
• Boat International Design & Innovation Awards 2021 Best Interior Design Motor Yachts 500GT and Above Finalist
• The World Superyacht Awards 2021 Displacement Motor Yachts Between 1,500 GT and 2,999GT Nomination
• + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

'Arrow' Charter Rates & Destinations

Summer Season

May - September

€900,000 p/week + expenses Approx $980,500

High Season

Cruising Regions

Mediterranean France, Italy, Monaco

HOT SPOTS:   Amalfi Coast, Corsica, French Riviera, Sardinia

Winter Season

October - April

$900,000 p/week + expenses

Caribbean Antigua, Bahamas, Saint Martin, St Barts

Note: Not for charter to U.S. residents while in U.S. waters

Charter Arrow

To charter this luxury yacht contact your charter broker , or we can help you.

To charter this luxury yacht contact your charter broker or

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NOTE to U.S. Customs & Border Protection

Specification

SEASONAL CHARTER RATES

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Expertise born of experience

The Arrow team have built and managed superyachts for over 27 years. Having completed projects in thirty-eight countries to date, while continuously supporting a fleet spanning every ocean, Arrow’s offering is unique within the superyacht industry – as a fully independent yacht and project management company, whose roots are solidly in the practical skills needed for day-to-day yacht operations at sea and on shore.

Our independence and objectivity, combined with our agility in providing expert support at home and in the field, has made us the preferred management team not only for owners, but for banks, trust companies and law firms looking for the very best solution to protect their clients and investments.

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THE TEAM FOR PLAIN SAILING

Safe and efficient yachting is dependent on comprehensive knowledge, professionalism, and a thorough understanding of the owner’s needs in order that our clients enjoy the yachting experience to the fullest. Arrow’s know-how comes from its team, which consists of some of the most experienced professionals in the industry – in turn allowing us to successfully manage projects, and deliver the exacting level of service our clients deserve.

“Most people spend more time and energy going around problems than in trying to solve them.” –  Henry Ford

OUR SERVICES

– Ensuring all required documentation and certification is available onboard to ensure full compliance – Crew documentation verification and monitoring of safe manning levels – Provision of Designated Person Ashore – 24/7 emergency response team – Regular updates on Class and Flag regulatory changes – Vessel operating procedures – Development of vessel contingency plans and emergency procedures – Investigation of accidents, incidents and hazardous occurrences, to promote safety onboard – Completion of Ship Security Assessment (if required) – Production of flag approved Ship Security Plan (as required)

Billionaires like Jeff Bezos and Mark Zuckerberg spend six figures a year maintaining their superyachts. Here's how.

• Superyachts  are one of the most expensive assets money can buy.
• The true cost of ownership is even more, adding up to millions a year.
• Here's how much it costs to own a superyacht — and what that money is going toward.

Financial advisors are quick to warn prospective owners that a boat is nothing more than a hole in the water in which to throw money. When it comes to superyachts , you'd better have bags and bags of cash.

As one luxury agent told Business Insider at the Palm Beach International Boat Show: "Buying a boat, it's a huge purchase — and nobody needs a yacht."

A superyacht, generally over 30 meters long, is one of the most expensive assets money can buy, with the largest costing more than a lot of real estate or a private jet. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts.

That doesn't include operating costs. Owners should expect to pay about 10% of a yacht's new-build price each year, experts told Business Insider. That's tens of millions of dollars annually for the most luxurious boats.

"It's a small-to-medium-sized business in its own right," said Jeffrey Beneville, a senior vice president at insurance company NFP, where he specializes in consulting clients about yachts.

Unlike many smaller boats, superyachts need staff, not just a captain. Some superyachts have space for dozens of crewmembers , including a chef, engineer, and masseuse for the guests onboard. Each gets an annual salary — the highest-ranking members earn six figures — and benefits. Eric Schmidt's yacht fits a crew of 28 for a ratio of about two crewmembers per guest.

Then there's fuel, dockage fees, routine maintenance, and insurance. The latter hinges on everything from the reputation of a yacht's shipyard to where an owner wants to take it (if a vessel is taking frequent trips to the South China Sea, for example, expect to pay a higher premium). If a superyacht has a support yacht — or a support superyacht, in Bezos ' case — expect to pay another 10% of that boat's price annually.

"The cost to maintain a yacht is so high that they just think that money's getting lit on fire," Matthew Fleissig, the CEO of wealth management firm Pathstone, told BI of his clients who choose to charter rather than own.

One of his firm's clients who does own has a 23-meter yacht valued at $5.2 million. The annual cost to staff, maintain, dock, and insure the boat is $346,297, according to documentation provided to BI. The lion's share is spent on marina fees ($95,970) and maintenance work ($88,408.) While not exactly a Sunfish, that boat is too small to count as a superyacht.

At 106 meters, the Amadea, owned by a sanctioned Russian oligarch , definitely does. The $300 million yacht, which was seized in 2022 and is docked in San Diego, cost $922,000 a month to maintain, a court filing showed: $360,000 for crew salaries, $75,000 for fuel, $144,000 for insurance, $178,000 in dry-docking fees, and $165,000 for maintenance, waste removal, food for the crew, and miscellaneous expenses.

"And that's an inactive yacht that's in the water," NFP's Beneville said.

If it were operational and carrying guests, the costs would be about twice that, or between $20 million and $30 million a year, he added.

Of course, it makes more financial sense for the non-obsessives to charter, and many of Fleissig's clients do. And some owners choose to offer their yachts for charter — the most luxurious cost as much as $1 million a week — to offset the costs.

"If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Then again, the running costs don't matter as much at a certain point. "If you're worth $30 billion, it's nothing. And if you're worth $117 billion — and these are the guys we're talking about — they're in it as long as it's still enjoyable for them," Beneville said. "It's not a money thing."

Watch: Why South Sea pearls are so expensive

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Underwater superyachts? A CEO is pitching fantastical ships that can go 800 feet down and stay submerged for weeks

• Austria's Migaloo is offering to build a private "submersible superyacht" for the ultrarich.
• It says the M5 would be able to travel 820 feet underwater and stay submerged for a month.
• Despite the high up-front cost, CEO Christian Gumpold says the firm is in talks with buyers.

Forget megayachts. Forget billionaire basements. If you're unfathomably rich and want a new toy, there's an Austrian company that says it will build you a fully submersible yacht.

And this is no rickety Titan submersible .

The Migaloo M5 concept, the company says, involves a 540-foot base-model superyacht that would travel about 820 feet underwater and stay down there for up to a month.

"The needs of superyacht owners for their vessels are more complex than ever," Migaloo CEO Christian Gumpold told Business Insider, adding: "These wishes do not just include performance, length, or design."

Gumpold said that yacht owners were "looking for privacy, security, and protection for themselves, their guests and their valuables, or for the fulfillment of unique experiences up to scientific desires, as well as for the greatest possible exclusivity."

According to its marketing materials, Migaloo says the vessel's layout and features could be designed around any customer priority, whether that's security, thrill seeking, research, or simply vacation.

The company offers prospective buyers a checklist of options, including LED exterior lighting with a laser show, a helipad, a hot-air balloon, and — for the aspiring Bond villain — an underwater shark-feeding station.

The vessel could feasibly host a wealth of supplemental vehicles, including mini submarines, exploration vehicles, and working boats, it said.

Although at times it's described in the company marketing materials as a "private submersible superyacht" the M5 would technically be able to sail as a submarine — an underwater vessel that can launch itself and return under its own power, rather than having to be launched by a mother ship.

It's envisioned as being able to house up to 20 guests and about 40 staffers.

The Migaloo concept aims to satisfy an increasing desire for privacy and security among the world's richest people.

The most expensive megayachts ever sold now run into the half-billion-dollar range or more, with at least three $600 million yachts afloat, owned by various oligarchs and oil-state royalty.

Bobbing about underwater in a Migaloo M5, Elon Musk wouldn't have to worry about a jet-tracking student any longer.

Gumpold told BI he had specialized in yacht design since 2008, and he promised that all the complex arrangements of the Migaloo project — working with shipyards, flag states, and classification societies — would be taken care of by his company.

Much of the marketing material for Migaloo runs to possibilities that sound like science fiction, addressing problems that would either apply only to the ultrarich or which the rest of us would be too dead to care about.

Saying it works with the security company Safe, Migaloo claims it could create a "private submersible fortress," offering protection from electromagnetic pulses, cybercrime, piracy, solar flares, asteroids, and polar shifts.

That's on top of a gamut of features that any megayacht owner might expect, including spas, gyms, a gaming room, a wine cellar, an art gallery, and a panic room.

The cost, however, is the ultimate "if you have to ask, you can't afford it" test.

Gumpold told Fast Company that the price depended on the scope of the client's requests, comparing it to the price tag on large superyachts.

According to Fast Company's estimation, there are only 50 people in the world who could afford to purchase a luxury submergible megayacht.

It remains to be seen if and when any prospective buyers will bite.

Gumpold told BI his company was "still in close contact with several potential owners worldwide" and "very close" to executing the first project steps.

But he didn't elaborate on any concrete steps and wouldn't name any of his prospective clients.

With a turnaround time of about four to seven years, it's also going to be awhile before any of them would take to the seas.

If you enjoyed this story, be sure to follow Business Insider on Microsoft Start.

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Superyacht management and construction firm Arrow opens first American office

The independent superyacht management and construction company Arrow has opened a new American office in Fort Lauderdale.

Having completed more than 36 projects, Arrow – which offers support for “every part of yacht ownership” – has opened its new base to assist its American and Caribbean-based clients. Arrow CEO Yerin Hobson explained that the incentive behind the move was to continue to offer round-the-clock support.

“The new Arrow USA office will allow our North American clients to do business with us on their terms, in or close to their own time zone, and as the hub of superyacht activity in the USA, Fort Lauderdale is of course the logical base for our expansion,” he said.

"We believe we have something new to offer to yacht owners across the Americas and Caribbean – a completely independent, dependable management approach that is focused entirely on providing owners with their desired superyacht experience.”

Located on Fort Lauderdale’s Las Olas Boulevard, the US office opening has coincided with the Fort Lauderdale Boat Show.

Chief operating officer of Arrow USA Alan Downs, who has spent the past seven years working exclusively with American-based superyacht clients, said he understood they wanted “honesty and straightforward advice”.

“Our focus at Arrow USA will be on providing this guidance alongside the very best in bespoke superyacht management,” he added.

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GM, LG Agree on $150M Relief for Chevy Bolt EV Owners Over Faulty Batteries

General Motors and South Korea’ s LG Electronics reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed in a U.S. court on Thursday showed.

General Motors first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with the car manufacturer. GM started recalls in 2020 after it faced numerous complaints about fires in some vehicles.

“GM, LG Energy Solution and LG Electronics have agreed to a settlement with plaintiffs to resolve class action litigation related to the Bolt EV battery recall,” GM said in an emailed statement to Reuters.

“As a result, Bolt owners who received a battery replacement or who have installed the latest advanced diagnostic software may qualify for compensation,” the company said.

Owners of the recalled Bolt EVs who installed the final software remedy at a GM-authorized dealership before Dec. 31, 2023 may receive up to $1,400, according to documents filed with Michigan eastern district court.

Owners who sold or terminated the lease of their vehicle before the software remedy became available and those who already received a battery replacement will receive a minimum $700 payment, according to the filing.

Last year, GM ended production of the Bolt EV to make room for new electric vehicles.

In 2021, the company had announced a billion dollar recall campaign to cover thousands of Bolts over battery fire risks. The recall prompted GM to halt Bolt production and sales for more than six months at that time.

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