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Friday, October 17, 2014

Triple Deuce, World’s First and Largest Billion Dollar Yacht

 Most Expensive, Largest, Private Yacht Ever Built

By Arlene Miles

Fort Lauderdale, Florida


     Move over Azzam, at 180m (590’), you’re not long enough. Tough luck, Eclipse, at 163.5m (536’), you’re yesterdays news. Goodbye Dubai, at 162m (531’) you’ve had your day in the sun.
Project “Triple Deuce” is coming, and at 222 meters (728.4’), it’s going to send you, and other yachts in your category, into obscurity as this new build takes its place as the world’s largest yacht.





     “Project Triple Deuce is about to set the world on fire as not only the largest private yacht ever built, coming in at a whopping 222 meters (728.4’), but also the most expensive, at a cost of over $1 billion USD,” said Craig Timm, yacht broker at 4Yacht, Inc., responsible for selling Project Triple Deuce to his client.

This Yacht Dwarfs Cruise Ships

    To put this massive yacht in perspective for the layman, the sheer size of Triple Deuce even dwarfs some cruise ships. As an example, Costa Cruises has a ship named Costa Classic that is 722’ long and carries 1,308 passengers and 590 crewmembers. But Triple Deuce is a private yacht, and is designed to carry only 36 guests in opulent luxury with a crew complement of 90-100.
In addition to being the longest private yacht in the world at 222 meters (728.4’), the yacht will have a beam of 24.9 meters (81.69’), and a draft of 4.8 meters (15.78’).
This yacht will be no slouch in the speed department either, as its top speed will be in excess of 30 knots (35 MPH). To get to that speed, she will be powered by triple gas turbine engines making over 100,000 horsepower. The yacht also has no rudders, as electric podded propulsion units (think The Queen Mary 2) will handle maneuvering.


main-4yacht-project222-size-comparison
Yachts Compared To Triple Deuce
Owner And Guests Live Like Royalty

      The owner’s suite, at 275 square meters (2960 square feet) over two stories, will encompass nearly one full deck of space in the seven-deck yacht, and offer unparalleled views. It will feature two staterooms, and will include private access to a helipad and an elevator from an exclusive drive in dock, as well as all the luxury amenities you would come to expect. The owner’s suite also offers a private gym, office and study, private dining area, butler’s stateroom and more.
Onboard guests will be similarly pampered in four VIP suites of 90 square meters  (968 square feet) apiece, and 12 guest suites, each at over 60 square meters (645 square feet). All guests will have access to the yacht’s two pools, one indoor, one outdoor, multiple Jacuzzis, spa facilities, full time masseuse, hair stylist and barber, as well as all the water toys the yacht can carry.

Who Would Buy A Yacht Of This Size?

      “It takes a person of vision, someone with a dream to own the worlds largest yacht and to bring it to reality,” claims Timm. “We work almost exclusively with UHNWI (ultra high net worth individuals) clients and specialize in mega yachts and super yachts. For several years, we have advertised the sale of a 200 meter yacht on our luxury website, http://www.4yacht.com, and have worked with several UHNWI as well as several Middle Eastern clients toward the goal of building a yacht of this size. We had many discussions with our buyer that a yacht of 200 meters was of sufficient length, however with the launching of Azzam recently at 180 Meters, that all changed.

This Yacht Not To Be “Eclipsed”

     “What our client was concerned about is that if we built the yacht to 200 meters, then someone would come along like Roman Abramovich when he built Eclipse at 163.5 meters, to barely ‘eclipse’ Sheikh Maktoum’s yacht, the 162-meter Dubai, by only 1.5 meters.” said Timm. “By building the yacht to 222 meters, he wants to make it difficult, if not impossible, to be ‘eclipsed’ himself.”
According to Timm, construction of Project Triple Deuce will begin at a European shipyard, which has still yet to be decided, in the next 6-12 months, with a target delivery date of spring 2018. He goes on to say that the yacht will be built under the 100 A1 Passenger Ship Classification and be fully PYC (Passenger Yacht Code) Compliant.

What’s All This Luxury Going To Cost The Owner Of This Yacht?

      Current large super yachts run about €3.5 million to €4 million per meter to build at the best European shipyards. If we do the quick math, we can see that Project Deuce will cost €777 million to €888 million, or at the current USD exchange rate, $1.1 billion to $1.2 billion.


“Don’t forget to add in annual operating costs,” Timm said.  “On a yacht of this size, it will run the owner an additional $20-$35 million USD per year”.



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