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GLOBAL Yacht for Sale

243' lurssen | 2007 | €79,000,000.

• Yachts for sale
• superyachts

Last updated Mar 20, 2024

Global Yacht | 243' Lurssen 2007

The magnificent 243’ (74m) GLOBAL is an exceptional yacht and testament to her Lürssen pedigree. Originally delivered in 2007 and meticulously refitted in 2024, GLOBAL boats a stylish interior, spacious accommodations, and unparalleled amenities. With a generous 42’ (12.8m) beam, six decks and remarkable indoor and outdoor volumes, she welcomes 12 guests in the utmost comfort. An impressive helicopter deck, and an expansive beach club complete with a sauna and massage room perfect the GLOBAL package, offering the ultimate in luxury living on the water.

Denison Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by International Yacht Corporation.

Denison Yacht Sales offers the details of this yacht in good faith but can’t guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

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Global HIGHLIGHTS

• Yacht Details: 243' Lurssen 2007
• Location: LA CIOTAT, France
• Engines: Caterpillar
• Last Updated: Mar 20, 2024
• Asking Price: €79,000,000
• Maximum Speed: 16 kn
• Max Draft: 11' 10''

Global additional information

• Cruising Speed: 14 kn
• Beam: 42' 8''
• Hull Material: Steel
• Fuel Tank: 1 x 53000|gallon
• Fresh Water: 1 x 7400|gallon

Main Engines

Engine Type: Caterpillar 3512B Current Running Hours Port: 21,518; Starboard: 21,305 Horsepower: 2011 hp each Gearboxes for Main Engines: Reintjes WAF 763 Propellers: Otto Piening, Model: K-0402091/092

Other Machinery

Quantum Zero Speed stabilizers – 2 x QC-1800 HD with XT fins & 2 x QC-1500 Cramm passerelle operated with wireless remote Watermakers: HEM, Duplex H40/4800 Bow Thruster: Jastram, Type BU 40 F, 255Kw Stern Thruster: Voith VIT 850-200 255Kw Steering System: Tenfjord/Rolls Royce, SR622FCP-200 Fuel Separator and Filtration: Alfa Laval MMPX 403 SGP11 Sewage System: Holland Marine, MSD-II Oil/Water Separator: DVZ-Services, model DVZ 500 PC Oilchief 2 x Air Compressors – Atlas Copco GA11 Water Closets: EVAC Fire Pump: 2 x Speck, 80-65/200-IA Bilge Pump: Speck, 80-65/200-IA Deck Wash Pump: Speck, SKG 4003 LA Potable Water Pumps: 2 x Speck, SKG 4003 LA 3 x Calorifiers (2 x HW circ., 1 x Deckwash) – OSO 17RA/E 4 x Fuchs Cranes – Rescue Boat, Tender Garage Fwd & Aft Sliding Davits, Main Deck Sliding Beam Crane (decommissioned) Lutz Passenger Elevator – Capacity 400 kg, 5 persons, 5 landings Lutz Dumbwaiter – Capacity 100kg, 4 landings

Generators & Electricity

• 3 x Scania DI13 091M Generators, Tier III 358kWh each
• Current Running Hours 1: 1,063 2: 1,455 3: 1,381
• 2 x Hug units, type MCS12.40
• 1 x Caterpillar C9 Emergency Generator, 162kWh 400 / 230V AC 3-phase 50 Hz
• 230V AC single phase 50 Hz 24V DC

Air Conditioning

• Heinen& Hopman chilled water unit
• 2 x Turbocor compressors TT300
• Cooling capacity 2 x 250kW (500kW total)
• 6 x Air Handler Units
• Fan coil system with individual local controls throughout

SECURITY, FIRE FIGHTING & SAFETY EQUIPMENT:

Security Equipment:

• CCTV System, security lighting and intrusion detection
• 16 x Cameras
• Door Alarms: All WT and Fire Doors have indications in the bridge

Fire Fighting Equipment:

• Marioff Hi-Fog sprinkler system throughout interior and technical spaces
• Fire/Smoke/Heat detection system throughout
• Gas Detection system in tender garage and rescue boat bay
• 4 x Fire Fighting Outfits and fire fighter communication, 2 x additional outfits for helicopter operations
• 8 x Self Contained breathing Apparatus sets
• Minimax Pop-up heli deck foam fire fighting system
• 2x Fixed heli deck water fire fighting monitors

Safety Equipment:

• Life rafts: 4 x 25, 1 x 12-person
• Life Buoys: 8
• Life Jackets: 118
• Searchlights: 2 mast mounted remote operation from bridge
• Medical Equipment: MCA Class A Medical Kit

Communication Systems:

• 2 x DSC VHF Sailor 6222
• 1 x DSC MF/HF Sailor 6365
• 2 x INMARSAT Sailor 6110
• 2 x Jotron AIS – SART
• 2 x Jotron TTon60s EPIRB
• 3 x Two-way portable Icom IC-A6 VHF
• 1 x Navtex JRC NCR-333
• 1 x Aeronautical KRT2
• 1 x FleetBroadband
• 1 x Iridium

Broadband – 512kb (in areas with coverage) Cisco telephone exchange Intellian VSAT High Speed Data Wi-Fi throughout

CellWeaver 4-SIM Cellular ISP – High Speed Data Wi-Fi throughout KerioControl Router & Firewall Ruckus Wi-Fi Access Points and Zone Controller Hytera Digital Two-way radios with notifications

Navigation Systems

• Radar: Furuno 1 x X Band 1 x S Band
• Gyrocompass: Anshultz STD22
• Magnetic Compass: Cassens & Plath type 11
• Automatic Pilot: Anshultz NP2015/2025
• 2 x DGPS: SIMRAD MX 612
• Navigation Instruments: TRANSAS 4000 ECDIS System
• C. Plath Speed Log NAVINOT III
• B&G Hydra 2000
• Furuno AIS FA100
• Furuno Echosounder FE800
• Anchor Windlass System: 2 x Vertical Muir VRC 20000
• Capstans: 2 x Muir VRC 20000
• Anchors: High Holding Power Pool – Fully balanced duplex steel.
• Anchor Chain: 28mm Grade U3 Stud Link chain x 8 Shackles
• Boarding Ladders: 1 x CQUIP Custom Carbon Ladder
• Swimming Platform: Yes
• Shower: Hot and cold shower on stern by swim platform
• 2 x Owners Balconies 1x Hydraulic operated bulwark balcony
• Awnings: Jacuzzi, Sun Deck Aft, Upper Deck Fwd, Upper Deck Aft, Bridge
• Deck Fwd, Main Deck AfT
• Deck Material: Teak

ENTERTAINMENT AND ENVIRONMENTAL CONTROL SYSTEMS:

Extensive audio and visual entertainment system including iPad control of most audio video, lighting, shades and climate functions. High quality sound and flat screen televisions throughout. Main Deck surround-sound Cinema/Lounge with large screen display. Main Aft Deck rotating TV/sound bar with high quality recessed speakers and subwoofers.

• iPad docks – magnetic charging system for controllers
• Crestron Control System with centrally located 32 zone digital media HD video and 64 zone Sonnex audio distribution system
• Lutron Lighting and Shades Controls System
• Dual Intellian Worldwide TVRO satellite with OSN Abu Dhabi SatTV deciders and
• SKY Sat TV decoders
• Kaleidescape Music, DVD and BlueRay Server system
• Gaming System
• Apples TV’s throughout for Airplay and mirroring idevices.

GALLEY AND LAUNDRY EQUIPMENT:

• MKN Twin Oven, with six Hot Plate Stove Top and Two Deep Fryers
• 2 x Rational Self Cooking Center Oven
• Refrigeration: 2 x Turboair M3R47-1-N refrigerator 6 x under counter refrigerated drawers
• Dishwasher: Hobart Under Counter Dishwasher
• Waste disposal: 2 x Insinkerator Evolution
• Panasonic Pro2 NE-1880 Microwave Oven

Pantry Equipment: Owners pantry:

• Bosch fridge
• Hoshizaki ice machine
• Waste disposal Insinkerator Evolution
• Zip tap boiling/chilled water

Bridge Deck Pantry:

• Miele microwave
• Miele Professional Brilliant GG06 dishwasher
• 2 x U-LINE 2000 Series 2260 DC fridgeHoshizaki ice machine

Main Deck Pantry:

• Turboair M3R47-2-N refrigerator
• Eurocave wine fridge
• Microwave Oven
• Hobart Under Counter Dishwasher
• Hoshizaki IM-30CNE Ice Machine
• Hoshizaki IM-100LE Ice Machine
• Sub-Zero 642 Refrigerator/Freezer

Laundry Equipment: Washers:

• 3 x Miele Professional PW6065 Washing Machines
• 1 x Miele Professional Innovation M PW61001/6131 Washing Machine Dryers:
• 3 x Miele Professional PT7136 Dryers
• 1 x Miele Professional Innovation M PT7251
• 1 x Miele Professional HM21-140 Rotary Iron
• 1 x Laura Star Pulse Ironing System

Refrigeration:

• 1 x Walk in Fridge
• 1 x Walk in Freezer
• 1 x Walk in Garbage cooled room
• 1 x 8m Limo Tender built by Extreme Tenders BV 1 x 221KW Volvo Penta Engine D4AQ Drive DP-H
• 1 x 8.05m RIB Tender built by Extreme Tenders BV 1 x 191KW Yanmar Engine 6BY3-260Z
• 1 x 15 ft Nautica Rescue Tender, 60 hp Yamaha 4-stroke
• 2 x Yamaha 160 hp waverunners FX Cruiser SHO
• Bow dive compressor
• Dive equipment and tanks 4 x Cylinders, 4 x scubapro BCDs Night Hawk, 4 x Scuba
• Pro Regulators
• Water skis and tows
• 2 x Seabobs Cayago F7
• 2 x Wakeboards
• 3 x Slalom Skis
• 2 x Waterskis
• 1 x Junior Water Skis
• 2 x Stand Up Paddleboards
• 2 x Towing Tubes
• 1 x Towing Couch

Sleeps 12 in the owner’s party in 6 staterooms Plus 24 crew in 11 cabins Inclusive of Captain’s Cabin.

ACCOMMODATIONS AND LAYOUT:

• Jacuzzi with glass bottom and optional awning, could be reinstated in owner’s office • Seating • Moveable sun loungers a deck area with optional awning

Upper Deck Fwd:

• Private accessible area from Owner’s office with exterior seating and awning

Upper Deck Aft:

• Heli pad • Large entertaining space • Full cover awning for large events

Upper Deck Interior:

• Owner’s office automatic sliding doors port & starboard giving access to Upper Deck Fwd. • Seating / lounge area, both office and lounge area have ability for security controlled restricted access • Pantry • Day head • Gym automatic sliding door giving access to Upper Deck Aft

Bridge Deck Fwd: • Seating and awning • Full wrap around exterior deck

Bridge Deck Aft:

• Exterior dining seating for 18 • Seating • Removable windbreaks • Full wrap around exterior deck

Bridge Deck Interior:

• Wheelhouse assisted sliding doors port & starboard giving access to bridge wing staons and wrap around deck. • Ship’s Office • Captain’s cabin with ensuite bathroom • VIP cabin, king bed with ensuite bathroom with jacuzzi bath, floor heating. Direct access to exterior side deck from within cabin • Day head • Service Pantry served by dumbwaiter • Interior dining seating for 18 • Wine Lounge with 10 climate controlled Chambrair wine display fridges, tasng bar and bar seating for 6, additional lounge seating area aft with 5 individual armchairs, floor heating automatic sliding doors port & starboard giving access to Bridge Deck Aft. Skylight window installed above wine lounge tasting bar.

• Main Deck Interior:

• Full width Master Suite • Master Suite includes dedicated private access corridor, walk-in wardrobe, king bed, desk area, additional lounging. Full width bathroom with his and hers separate toilet ensuite, showers and a jacuzzi bath, floor heating. • Adjacent to Master suite are private balconies both port and starboard. Starboard balcony is hydraulically operable and can be opened when at anchor for additional space and direct access to water for swimming from Master Suite. • Owner’s area entrance lobby accessed from starboard main deck through automatic sliding doors with accessible elevator to all interior decks fitted ability for security controlled restricted access. Elevator shaft is fitted with skylight window on the Sun Deck flooding the elevator with natural light. • Dayhead • Galley & Service Pantry served by dumbwaiter, automatic sliding door provides access to/from port main deck • Cinema/Lounge with large screen display cinema room surround-sound with blackout blinds, privacy doors and fixed seating • Main Saloon, with dedicated seating area, separate small armchair area, interior bar with seating for 8. Open/close exterior window behind the bar. Self-playing Steinway & Sons 228CFX, automatic sliding doors port & starboard giving access to Main Deck Aft.

Main Deck Aft:

• Bar, seating for 6 • Rotating TV/sound bar with high quality recessed speakers and subwoofers. • Round dining table with seating for 8 • Fixed L-shape lounge seating areas x 4 with coffee tables x 4 • Moveable lounge seating x 4 and coffee table • Raised sun pad area a with opon for awning.

Lower Deck Interior:

• Three Double Guest Suites which all convert to Three Twin Suites, each with bathroom, Jacuzzi bath, floor heating and separate toilet ensuite. • Pilots/Nanny’s Twin Cabin with Bathroom ensuite • Housekeeping Pantry, served by dumbwaiter and hydraulically operated provisioning shell door and loading bay.

Beach Club Wellness Area & Swim Platform:

• Large upward and inward opening stern door provides access to the beach club and wellness are from the swim platform • Fixed U-shape seating overlooks the swim platform and landscape beyond • Spa room with adjustable massage table • Room divider and counter area with bar facilitiees • Sauna • Steam Room • Showering facilies • Dayhead • Hot & cold fresh water shower situated on swim platform • Removable swim ladder provides access to the sea • The swim platform can be accessed via stairs on the starboard side from the main deck aft, at the base of the stairs an automatic sliding door provides access to the beach club area, with the addition of an automatic glass privacy door • Dedicated deck laundry

• Captain’s double berth cabin with bathroom ensuite on Bridge Deck • 2 x Twin berth cabins with double sized bottom bunk and bathroom ensuite on Lower Deck • 6 x Twin berth cabins each with bathroom ensuite on Lower Deck • 2 x Triple berth cabins, with additional compact ‘Wing’ Bunk, each with bathroom ensuite on Lower Deck • Full width crew mess located on tank deck with separate pantry served by dumbwaiter and crew lounge area. Additionally on tank deck is a dayhead, technical/storage spaces, uniform storage locker and the laundry.

REFIT 2016:

GLOBAL (formerly known as Kismet) was refitted in 2016 by its original building yard Lurssen. The new design-concept by thefount provides the now 74m superyacht with a completenew identity for exterior and some interior areas.

The design deploys the 6m elongation of the hull together with the extensions on bridge and upper decks to implement a horizontal black and white scheme for the decks. Lightness and luxury form a symbiosis which shapes the new face of GLOBAL interior – same as exterior wise.

The new stern design integrates a beach club and spa area into the lower deck, making use of the innovative inward-turning large stern door.

A newly created in and outdoor dining area with luxury wine lounge is adding a design and event highlight on the bridge deck aft for the owner and up to 12 accommodated guests.

The extension of a gym and large private office areas on the upper deck, the new owner's suite swing-out terrace same as the extended helipad underline the new special individual quality of the superyacht GLOBAL.

A successful cooperation of the owner with thefount, Lurssen and the fit out companies allowed for the realization of the sophisticated design concept including a complex technical refit of the whole boat within 8 months production time.

Builder/Naval Architecture: Lurssen Exterior Styling: thefount Interior Design: thefount (www.thefount.net)

REFIT DETAILS:

• Extension of the vessel by Seven Meters (Aft) – to accommodate Sauna, Steam Room, Spa Beach Club • Stern Door upward and inward opening, Sea Terrance on Starboard Side • Painting of superstructure • Interior and exterior painting • Outfitting of all new Decks and Store Rooms • Noise Vibration and Shaft Alignment • Upper Deck Forward Arch Modification and extension of the supper deck (forward) addition of gym and owner’s private office, etc. • Underwater Hull – Complete strip, sand blast and renew • Fresh water tanks – recoat • New HUG Soot Filter System including all new pipe work insulation etc. • Owners Cabin Main Deck Starboard – New Balcony Flap to make Owners Balcony • Exterior Lighting all changed to LED • Fixed in place super sophisticated Heli Deck Fire Fighting System • Heli Deck Extension • All air-conditioning upgraded onboard to every cabin and central system renewed • All main machinery, engines, generators, etc. were overhauled and brought to zero hours • Most AV, IT, CCTV, Security, Communications systems updated

REFIT / MAINTENANCE 2020-2022: Location – ICON Yachts

• Classification Society Renewal Survey carried out • Replaced Auxiliary Engines (generator) with Tier III compliant • Upgrade of DEIE Delomatic Power Management System • Engine Room ventilation fans replaced • Hydraulic systems received 5 year service and replacement of hoses • Stabilisers 4,000 hour and 8,000 hour service • Grey Water tanks blasting and recoating • Engine room floor plates replaced for new anodised • AMCS software update to MareSystems • Main Engine works including    o Wiring Harness Replacement    o Valves and Hoses Replacement    o Top end overhaul    o Removal of start air system • Engine room & main engines painted • Engine room and technical spaces lighting upgraded to cool white lighting • Engine room bilge lighting installed • Upgrade provision cooling plant from SW to FW • HVAC Duct Cleaning • New supply of galvanised anchor chains • New supply of mirror polished anchors • Conversion of Ballast water system to Technical water system in accordance with Classification Society • Main Engine exhaust system upgrade • Annual survey & service of all fixed / loose Life Saving Appliances & fire Fighting Equipment • Annual survey & service of all fixed / loose liing appliances and equipment • Aft Hull scan and associated Naval Architecture support • Water Maker service and overhaul • Hot and Cold water circulation pumps replaced • Guest tenders sent back to build yard for full overhaul, re-build and painting

The refit in Holland included renewing all the mechanical and electrical systems in totality plus deep diving all tanks, and bilges and technical spaces. We renewed electrical switch boards, serviced emergency generator and exhaust systems etc. we did all mandatory survey works and mega tests of electrical installations etc . We fitted three new generators, added urea tank system, renewed electrical switchboard, added new transformers, shore power system, transformed the ballast water to technical water system to conform to ballast water convention new rules. There was a compete rebuild of the main engines, vibration analysis , drive line alignment, replacement of all fresh water and salt water systems and pumps, rebuild of hydraulic systems including stabilizers and rebuild of the sewerage system. Everything electrical and mechanical was done. The only thing not renewed was the stern thruster as it never required an overhaul based on hours.

REFIT / MAINTENANCE 2023-2024: Location – MB92 La Ciotat

• Classification Intermediate, Annual, Bottom, and Tailshaft surveys carried out. • Classification Continuous Machinery items due carried out and items below not yet due credited • Rudder survey & 10 year service • Steering Gear 10 year service • Shaft survey, laser cladding & seal replacement • Bow & Stern Thruster service • Port & Starboard side Main Deck bulwark remedial repairs to metal work • Port & Starboard side Main Deck bulwark window replacement • Hull correcve fairing • Painting of Hull • Tanks & void spaces cleaned • Local spot repairs within tanks and void spaces • Fresh Water tank blasting and recoating • Cool water tank blasting and recoating • Windlass and Capstan’s 5 year service • Shore power frequency converter service • Main Engine works including    o Service    o Plate heat exchanger cleaning    o Gearboxes 5 year service • Generator works including    o Service    o Installation of cooling fans in enclosures • Installation of Fuel Oil Sampling Points in accordance with Classification Society requirements • Elevator and Dumbwaiter service • Hydraulic power packs serviced and flushed • NAU sliding doors serviced • Exterior furniture varnished. Stripped back to bare wood and 16 coats applied • Annual survey & service of all fixed / loose Life Saving Appliances & fire Fighting Equipment • Annual survey & service of all fixed / loose lifting appliances and equipment

Schedule a Tour of GLOBAL

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550' ferretti yachts 2016, fajardo, pr, puerto rico, 328' alarnia 2023, fort lauderdale, fl, us, simon fraser, 262' benetti 2024, genova, italy, 262' isa 2025, ancona, it-an, italy, 260 ocean xplorer, 260' custom 1996, $19,500,000, houma, la, us, 255' ulstein 1993, $16,750,000, tampa, fl, us, 249' custom 1972, €12,000,000, monaco, monaco, other lurssen yachts for sale view all, 243' lurssen 2017, €130,000,000, dubai, united arab emirates, 243' lurssen 2007, €79,000,000, la ciotat, france, price watch.

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GLOBAL Yacht

Motoryacht global.

The GLOBAL yacht is a 220ft / 67.1m luxury yacht built and launched by yacht builder SHADOW MARINE . Delivered to a proud yacht owner in 2007, this luxury yacht sleeps up to 12 guests in 6 staterooms and has accommodations for 12 crew. She has a beam of 40ft / 12.2m, a draft of 8.1ft / 2.5m, and she measures in at 1,303 gross tons. Her hull is steel and her decks are teak. Her max speed is 14 knots and cruising speed is 10 knots. She is propelled by 2 engines at 1,300 hp each.

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Global READ LISTING DISCLAIMER

Global was designed and built in 2007 by Shadow Marine, the first manufacturer to specialise in superyacht support vessels. Allure Shadow is packed to provide water toys, a helicopter deck and extra accommodation for up to 12 guests.

Global is a 67 metre support vessel designed and built by Shadow Marine, the first manufacturer to specialise in superyacht support vessels. The elegant Allure Shadow is a purpose built sport utility vessel. She also provides a helicopter deck and accommodation for up to12 guests in six spacious staterooms, each with a private balcony.

The climate controlled two-story hangar is ideal for entertaining large groups, comprising a raised DJ balcony and sound system. The exercise room includes two bicycles that can be dismounted and used ashore, and a large steam room for up to seven people. For entertainment, the Game Room has a poker table, game table, board games, Satellite TV and an Xbox 360. Guests can also relax on reclining leather loungers in the movie theatre, which features the latest technologies.

Ten large oval windows on the main deck provide plenty of natural light. Guests can also take in panoramic views from the sky lounge deck and enjoy open plan dining in the split-level dining salon, which seats up to 12 people.

Global’s water toys include a catamaran landing craft, four wave runners, four kayaks, four Laser sailboats, six underwater scooters, snorkel and fishing gear, and water skis. For use ashore, there is a Smart Car, two motor scooters and two bicycles.

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Global accommodates 12 guests in first class cruise ship style. She is also one of the few vessels on the luxury charter market capable of landing or carrying a helicopter.

The particulars on this page are a general guide to give a broad description of the yacht. They are not intended to constitute part of an offer or contract. All prices, photographs, measurements, plans and specifications referred to are given as a guide only and should not be relied upon for the purchase of this yacht. The copyright of all details, photographs and deckplans remains the property of their respectful owners.

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More From Forbes

Despite wars and sanctions, superyacht market continues recent growth.

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The Phi has been detained in Canary Wharf since March 2022.

A superyacht is a status symbol and the ultimate pleasure boat. What ordinary people envisage doing on cruise ships, the super-rich do on their mega-yachts. Space and change of scenery have appealed to humans from time immemorial. However, with luxury yacht ownership requiring vast sums of disposable income, one would think that factors putting the global economy under pressure, such as inflation, Houthi terrorists and Somali pirates attacking ships in the Red Sea, sanctions following the Russian invasion of Ukraine, and before that, the COVID-19 pandemic, would slow down the demand for superyachts. Instead, despite severe disruptions, mainly because of the post-Ukraine 2022 Russian invasion sanctions, with billions sloshing around in the global economy, demand for these vessels has reached a high point, driven by changes in the tastes of the ultra-rich, innovative new uses for superyachts, and the number of buyers able to splurge on such craft.

Expensive Mega-Toys The unique uses of a superyacht are driven by the size and crew demands that separate it from a regular yacht. A superyacht is considered to be a pleasure vessel larger than 24m (80ft) with a full-time captain and crew. This is a costly outlay. There are added costs for not including maintenance, fuel, and expensive power plant, navigation, and communications gear.

The desire for seclusion and social distancing exhibited by the rich since the 2020 pandemic lends itself perfectly to these large, customizable ships that can be taken out to sea. A fully crewed ship is also needed to keep up with for new trend in exploration and environmental sailing, with boat owners venturing outside of the Mediterranean and Caribbean to experience more varied habitats. Other luxury sectors are taking note of these trends driving demand for superyachts, with hotel chains like The Four Seasons and The Ritz-Carlton aiming to offer bespoke superyacht experiences by 2025. By introducing this option, hotel chains are responding to the increased market demand for exploration while creating an experience that is more exclusive and private than a luxury cruise.

Demand has also been driven by an expanding number of prospective superyacht buyers as the number of ultra-high-net-worth individuals continues to increase globally. The growth is primarily driven by American buyers, with significant potential in regions like China and Southeast Asia, where ultra-rich buyers with disposable income are growing at a faster pace than they are in the West. This increase in wealthy customers in Southeast Asia, combined with miles of islands and coastlines, creates the conditions for a robust scene for superyachts in the area. The emergence of a new customer base wealthy enough to purchase super- and mega-yachts has made the industry resilient in the face of government sanctions against one of the industry’s largest consumer bases: Russian oligarchs.

The megayacht Nord, believed to belong to sanctioned Russian oligarch Alexey Mordashov, is seen in ... [+] Hong Kong on Friday, Oct. 7.

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Target: Russia Beginning in the early 2000s, Russian billionaires developed a taste for luxury superyachts, with some like Roman Abramovich (who is reported to own 16 vessels , including the Aquamarine, Eclipse, Garcon, Halo, Pelorus, Solaris and Sussurroo), Alexei Mordashov ( Lady M and Nord ) and Eduard Khudainatov ( Scheherazade , Amadea , Crescent ) placing orders for multiple vessels. According to Superyacht News, an industry publication, Russians account for a significant piece of the world's superyacht market. Their estimated share represents about 10% of superyachts exceeding 40 meters in length. The percentage of Russian ownership rises even further for mega-yachts exceeding 80 meters, where Russians hold the number two spot globally, owning 20% of these vessels. Research by Boat International estimates the contribution of Russian buyers to the global superyacht order book (valued between €35 and €40 billion) to be €3.9 billion.

The popularity of superyachts among Russia’s wealthy has caused them to become a focus of the sanctions imposed on Russia following its invasion of Ukraine in February 2022. Alongside traditional targets, including Russian financial holdings, banks, and energy, the assets of oligarchs are actively being seized and frozen by Western powers when possible through initiatives like the Russian Elites, Proxies, and Oligarchs (REPO) task force launched by the G7 and the U.S. Treasury’s Kleptocracy Asset Recovery Rewards (KARR) program.

The seizure of superyachts as assets will likely continue through the end of the invasion of Ukraine and possibly beyond. Recently, there have been increasing calls to sell or transfer these assets, allowing Ukraine to use or sell them to compensate for the damages caused by the war.

Eclipse | 162.5m Built in 2010 , Germany

Europe Suffers Even though the superyacht industry has a sizeable consumer base in Russia, the companies building and managing these yachts are primarily based in Western Europe. Many of these boats are built by shipbuilders such as Lürssen in Germany and Heesen Yachts and Oceanco in the Netherlands. This has led one of the shipyards, Damen, to sue the Dutch government over damages it claims it suffered from the EU sanctions. Additionally, companies like Burgess in the UK, Imperial Yachts and Edmiston in Monaco, and Moran Yacht & Ship in the US, in charge of servicing, managing, and brokering superyachts, are also concentrated in the West.

While Western shipyards and management companies may lose revenue because of sanctions and asset seizure of the Russian oligarchs, keeping the yachts frozen generates additional costs for the countries where they are being held. Some Western countries devised a solution to ease the burden on taxpayers, granting owners and their representatives special licenses to pay for the frozen vessels. Notably, France and Spain have allowed the billionaire owners of at least four mega-yachts to pay for their upkeep. In the UK, the Office of Financial Sanctions Implementation (OFSI) has allowed the management company Burgess to pay for pre-sanction crew salaries of a yacht frozen in the UK.

Though the media associated superyachts with Russian oligarchs, this archetypal image of a superyacht owner may soon grow obsolete if the sanctions regime remains or even strengthens, causing multi-million dollar losses to the industry. Instead, growth in the sector is driven by a new class of rich being created in places like the United States and the Pacific Rim, seeking luxury lifestyles that can be provided by a superyacht. The superyacht industry will capitalize on the unprecedented wave of demand to increase its resilience in the stormy global security and economic environment.

Quin Buckley & Henry Tsai contributed to the production of this article.

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Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts

• It's been two years since Russia invaded Ukraine, leading to sanctions against Russian oligarchs.
• Many of their superyachts were seized or frozen , leading industry insiders to question their fate.
• The yachts, some of which are worth hundreds of millions of dollars, remain in a state of limbo.

More than two years after Russia invaded Ukraine, the boating world still doesn't have many answers about what's going on with the very large, expensive elephants in the sea: oligarchs' superyachts .

The war prompted many governments to enact sanctions against Russia's richest , including seizing their superyachts worth hundreds of millions of dollars. But it's unclear whether they can be sold or who'd buy them, leaving ports peppered with massive boats stuck in a floating limbo.

"The Russian problem, it's becoming a bigger and bigger and bigger problem," one luxury yacht broker told Business Insider at the Palm Beach International Boat Show last week. Like many others, he requested not to be named, given the sensitive nature of the matter at hand and the generally discreet nature of the industry.

Russia has been a massive player in the massive boat market for a long time. In August 2021 — about six months before Russia's Ukraine invasion — Russians owned the second-largest share of yachts over 40 meters in length, according to a report from the industry publication SuperYacht Times.

They were responsible for 16% of new build superyacht purchases in the decade preceding the report and are known for splashing out on extravagant interiors and unique features. (One builder BI spoke to recalled a mandate from an oligarch for a large safe in the owner's cabin in which he could keep his rifles. The builder later learned he'd use them to skeet shoot on deck.)

But those sales have now screeched to a halt as oligarchs get hit by international sanctions. At least a dozen superyachts — worth well over $1 billion combined — have been affected.

And no one is quite sure what will happen to them.

Russia's sanctioned superyachts are hard to buy and sell

The first problem is that many of the yachts are "frozen" — not seized. That means that although the Russian owners can't operate or collect them, they don't technically belong to an overseas government, so they can't be sold without special permission.

Earlier this month, federal prosecutors petitioned a judge asking for consent to sell the Amadea, the 106-meter superyacht that has been docked in San Diego and costs the US as much as $922,000 a month to maintain.

"I've had some inquiries, but all you can tell them is we don't know the outcome yet" of the case, another superyacht broker told BI at the yacht show.

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And despite the broker's claim of interest in yachts like Amadea , most ultrarich — or at least their brokers — don't want to go near the vessels with a ten-foot pole, even if the government does get legal permission to sell them.

"How does it look if you bought a Russian boat?" Julia Simpson, a broker at Thompson of Monaco, said. "Even if it's completely legal and normal, there are too many things on the line," she said, like how the original owner got their money and whether that could make the new buyer look bad.

There are also possible legal implications, as it's hard for the government to prove who actually owns the yachts.

"Oligarchs typically structure their ownership of these high-value assets through a web of offshore shell companies and trusts that is designed to conceal the true owner," Joshua Naftalis, a former federal prosecutor who now works for Pallas Partners, told BI.

And if the government does assume ownership, it's highly dependent on court orders. For example, a Russian whose yacht had been seized by the French government regained access to his boat after winning a legal battle in 2022.

"It's a very difficult process to buy them," Ralph Dazert, the head of intelligence at SuperYacht Times, told BI. "There is a high risk of the former (Russian) owner suing you to get the boat back."

He pointed to the Alfa Nero, the 82-meter yacht that Eric Schmidt planned to purchase for $67 million last year in an auction put on by Antigua and Barbuda. He backed out after various parties tried to block the sale, likely deeming it not worth the legal headache.

"When the reason for sanctioning goes away, which it may do," the Russian owners will try to get their boats back , Simpson said. After all, "the government's not going to pay them."'

That said, if sanctions are dropped, the yachts will be worth much less than when they were seized, as a boat not in use deteriorates much faster than one sailing the seas.

"Those yachts need to be used to be kept in shape, kept in condition," the second broker said. "​​Just having them sit at the dock with a temporary crew on board is not good for the boats."

And the sanctioned Russians who have managed to maintain control of their superyachts won't have an easy time offloading them in the future.

Americans who try to do business with sanctioned oligarchs would have a number of hoops to jump through — like finding a bank to process the purchase, which would be next to impossible. If somehow they did and the government caught wind, they'd face hefty penalties and the transaction would be void.

So Russia's richest have found themselves "stuck" sailing in a select few countries that will let them, like the Maldives, Montenegro, and Dubai.

Watch: Video of Russian naval ship explosion shows a much-needed win for Ukraine

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QUEEN MARTINA for sale

SuperYachtsMonaco is delighted to announce their appointment as Worldwide Central Agent for the sale of the 26.76m Sanlorenzo QUEEN.

Available in time for the 2024 summer season, SL86 829 is a new-build 26m flybridge yacht from renowned Italian shipyard San Lorenzo.

STAND-OUT FEAUTURES

•Available before the 2024 season

•Soft fabrics still customizable for a buyer to put their personal touches

•Pinnacle of the shipyard’s build knowledge for this model

•One of Sanlorenzo’s most successful models with over 40 units built

•Well equipped with some of the best options already selected

•Sanlorenzo brand name recognition

•Can be registered below 24 meters for optimum anchoring even in restricted areas and lower running costs

Specifications

• Name: QUEEN MARTINA
• Yacht Type: Motor Yacht
• Series, Model, Class: SL86
• Builder: Sanlorenzo
• Length Overall: 26.76 metres
• Beam: 6.35 metres
• Max Draught: 1.9 metres
• Gross Tonnage: 90

Construction

• Year of Build: 2024
• Hull Number: 829
• Hull Type: Deep V / Planing
• Number of Decks: 2

Performance & Capacities

• Max Speed: 32 kn
• Cruising Speed: 27 kn
• Fuel Capacity: 8100 litres
• Range: 1093 nm
• Engine Make: MAN
• Total power: 4000hp
• Superstructure: GRP

Accommodation

• Passenger Rooms: 4
• Master Rooms: 1
• Twin Rooms: 2
• VIP Rooms: 1

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Where to Buy a Home in Moscow in 2024

The growth in suburban house prices in 2021 can be as high as 15%. This prognosis was voiced by the participants of Moscow’s real estate market. Housing near Moscow has already gone up in value by 7%, and before the end of the year, this number is quite likely to rise by another 2–3%. The pandemic has changed the trends on the suburban real estate market – the current demand for detached houses is noticeably higher than before the global outbreak of Covid-19, and this naturally influences the cost of residential homes, say the experts. They also note that traditionally, the fall-winter period has always been considered a time of low demand for houses for sale in Russia; however, the opposite is now the case.

Here are the Moscow real estate categories to consider when buying a house in Russia:

• By direction and location (Rublyovka, Novaya Riga, Barvikha);
• By classification ( luxury , business class, economy);
• By development format (townhouses, detached private homes).

When purchasing homes in Moscow, Russia, a good rule of thumb is to select houses within an 18.6-mile (30 km) radius from the center of Moscow. This ensures you will get a well-developed infrastructure, and that the chosen location will be replete with hospitals and schools.

We recommend considering the West, South and North directions just out of Moscow. You may notice that country houses are noticeably cheaper on the capital’s Eastern side. However, this is due to poor environmental conditions – the result of the presence of a number of industrial facilities in the entire East area.

Best Cottage Communities in Moscow

Muscovites with high incomes live in closed elite cottage communities that have their own full infrastructure. Such cottage communities are usually designed by Europe’s best architects, especially contracted for the job. These locations have everything: private English schools, restaurants, shops, pools and gyms, beauty salons and equestrian sports clubs.

The most expensive houses up for sale are located in the Barvikha Hills area (Rublevka direction). This elite location near Moscow even has its own famous brand boutiques: Dolce & Gabbana, Valentino, Rolex, Patek Philippe, Bentley, Ferrari and Harley-Davidson. The least expensive house here costs 1.5 million US dollars and has a floor area of 656 sqft (200 m²). This gated community is just 10-20 minutes by car away from Moscow itself.

We encourage you to consider some of the following elite locations as you decide where to purchase your ideal property: Etude Family Club, La-Mansh, Western Residence, Yusupovo Life Park, Odintsovo, Novaya Riga and Pirogovo. There you will find everything one requires for a comfortable life, at the price of 300 to 500 thousand US dollars for a residential home.

As you choose your future home, make sure to take into account the category of the land on which it is built. Each category has its own taxation rate. Our lawyer can explain all the details on property taxes in Russia to you at your request. Contact us to get your consultation!

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Buy Russia Krasnoyarskiy kray

"opera house" ostozhenka street, d. 25 russian federation, moscow - city properties.

Knight Frank

About This Home

Lot: 14960.

Moskva, Ostozhenka street, d. 25

In This Area

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