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Ukrainian officials approve sale of 93m arrested superyacht Royal Romance

The Asset Recovery and Management Agency (ARMA) of Ukraine has announced that the 92.5-metre Royal Romance will be sold, with bidding open for representatives to assist in the sale until 18 April, 2024. 

The decision was described as "truly historic" by Grigol Katamadze, ARMA's deputy head for European integration, and will mark the first example of the sale of seized assets located abroad.

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Yeti: yacht scoring tool engages feadship, heesen and industry leaders.

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Can superyachts effectively carve their carbon emissions down to net zero? Perhaps. YETI wants to ... [+] give it a go with the sustainability index.

Is YETI a hairy Himalayan, or a beloved cooler? In this case, neither. This YETI is a five-year-old with a big idea. A science-based, data-driven one, first conceived five years ago by Feadship Senior Design Specialist Bram Jongepier, now embraced by most of the industry's leaders. This YETI, Yacht Environmental Transparency Index, is designed to score and compare yachts based on how well they play with others, namely, the environment.

“Zero doesn’t exist,” Jongepier stated, acknowledging that zero impact is simply impossible. Aiming at what is, in fact, possible, Jongepier explained, “You cannot walk on grass without some degree of impact, but you can do it sustainably if you give the grass time to recover.” And that, confirms Jongepier, is how we should treat our oceans.

The group meeting in 2019 to further plans for YETI, the Yacht Environmental Transparency Index, as ... [+] a way to score and compare yachts based on environmental credentials was embraced by representatives of the yachting industry's top groups.

“Sustainability is essential,” Jan-Bart Verkuyl, Feadship Director/CEO of Royal Van Lent Shipyard. “There is pressure from our clients, there is pressure from ourselves, there is pressure from our workers, there is pressure from our children. It needs to be done,” Verkuyl states emphatically. And so, they did it.

YETI Takes Shape and Water Revolution Foundation Takes The Lead

As that original group took Jongpier's 2018 idea and put together YETI 1.0, the first index, they handed the reins to the Water Revolution Foundation for follow through. By 2020, operational yacht profiles were analyzed and defined based on an AIS study using 297 years of data from 100 yachts.

The YETI 1.0 index score is awarded based on data input, allowing future yacht designs to benefit ... [+] from the results and comparisons to be made.

By 2021, a sail correction was developed, a shore power study conducted, and upstream diesel assessed, adding important details to the index. By 2022, YETI 1.0 launched, adding an engine and generator study for the YETI database, and a fleet review was conducted for 60 yachts. Awaiting the arrival of YETI 2.0, yacht designers, builders, and buyers are embracing this tool to help make yachting more sustainable.

Samsung Releases New Feature Boost To Millions Of Galaxy Phones

Trump again targets judge s daughter in new york criminal case, apple iphone 16 pro new leak reveals updated colors coming this fall, feadship’s strategic roadmap.

Feadship, long an industry leader, has a plan for net-zero CO2 emission and minimal local pollution impact by 2030. Their 84.20-meter full diesel electric yacht Obsidian is equipped with architecture to run on HVO. Well beyond regulatory compliance, the yacht achieved the net zero CO2 target in 2023. Feadship concept Dunes expects to reduce environmental impact by 95 percent compared to current minimum compliance for yachts using methanol fuel cells.

Rendering of the Feadship yacht Obsidian, which will operate with 27% less total environmental ... [+] impact than a yacht of similar size launched only five years ago if run on fossil fuel, and 60% less when using HVO.

It's The Fuel, Stupid!

In February of 2023, Feadship posted an informative article on sustainability , essentially creating a verbal Venn diagram focused on the intersection of superyachts and the environment using the above headline. Feadship lines out that efficiency gains and emissions reduction cannot make sufficient change. Since the laws of nature cannot be cheated, further reductions must come from using different fuels.

Feadship busts the myth that are no suitable alternative fuels available, or that their yachts cannot use them. Although harder to find and more expensive, HVO offers a real drop-in alternative that immediately reduces CO2 emissions. Volvo Penta says that their diesel engines have been compatible with HVO since 2016, seeing it as a stable, high-quality fuel suitable for marine power systems that can lower fossil CO2 emissions by up to 90 percent, depending on the feedstock.

HVO vs Other Fuels

HVO is hydrotreated vegetable oil, sourced from vegetables or animals. Sometimes it is simply cooking oil, recycled and hydrotreated to address bacterial growth and stability. Made from paraffinic oil hydrocarbons, it is also called renewable diesel or green diesel.

Like diesel, HVO has similar chemical and physical properties, but with its fossil-free composition and low carbon content, it is an appealing sustainable fuel option. HVO can be blended in any proportion with diesel fuel. With regard to HVO and biodiesel, they both come from the same feedstocks, but the hydrotreatment of HVO and improved oxidation stability make it a higher quality fuel.

HVO A Short-Term Solution

As Methanol and Hydrogen technologies improve, Feadship sees HVO as an immediate but temporary solution that can significantly lower the impact of a yacht due to energy use. As methanol and hydrogen fuel cells evolve in preparation for installation and use on board superyachts, the use of HVO offers a quick and easy way to improve a yacht’s environmental profile.

While it may be harder to source and may cost a bit more, Jan-Bart Verkuyl, Feadship Director and CEO of Royal Van Lent Shipyard is adamant. "If we don't do it, we become complacent," Verkuyl concludes.

Heesen Yachts Also On Board with YETI

Erik van Mourik, Manager of Cost and Accounting at Heesen, has also been part of the original team working to get YETI up and running. Van Mourik stated that Heesen hoped to learn more about energy use while exchanging knowledge with other participants so they could understand where and how to save energy and improve their yachts.

The hybrid propulsion superyacht, Home, manufactured by Heesen Yacht Builders BV, sits dockside ... [+] during the Monaco Yacht Show (MYS) in Port Hercules, Monaco. Photographer: Balint Porneczi/Bloomberg

Assigning tasks to different groups, the reports came back to provide data that would build YETI 1.o. Heesen noted that one discovery from this data found that the hotel load of a yacht is a key factor. Under power just 5-10 percent of the time, hotel loads operate continuously while the yacht is occupied, making things like air conditioning, electronics, lighting, and spa bubbles important to energy use.

Heesen is already bringing the YETI tool into its standard build process, putting it to use in comparing yachts, reducing emissions, and directing new designs for a variety of elements.

How To Score On YETI

Can YETI help yacht owners drive down their footprint? This science-based, data-driven index thinks ... [+] it can.

With the goal of stimulating technologies that reduce energy demand and enhance system efficiency, YETI’s comparison index embraces everything from flow optimization, propeller efficiency, and displacement to heat recovery, insulation, recycling, sustainable sourcing, underwater noise and more.

It is free to request a yacht score. For a reasonable fee, The Water Revolution Foundation will do a complete analysis of the results and provide owners with important ways to reduce emissions. A full description of the YETI index, its credibility, and how to obtain a score are laid out in the YETI brochure .

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