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NEW SECRET Motor yacht for sale

The 74m (242.7ft) NEW SECRET has a Lloyd’s-classed steel hull and aluminium superstructure. Delivered in 2017 by Amels as the second hull of its 242 LE series, she has exteriors by Tim Heywood and interiors by Winch Design, giving her full northern European provenance. Only ever used privately by her original owner, she presents in immaculate condition.

The 74m (242.7ft) NEW SECRET has a Lloyd’s-classed steel hull and aluminium superstructure. Delivered in 2017 by Amels as the second hull of its 242 LE series, she has exteriors by Tim Heywood and interiors by Winch Design, giving her full northern European provenance. Only ever used privately by her original owner, she presents in immaculate condition.

This 1,790GT yacht has many sought-after features. These include an elevator serving lower to bridge decks, an 8m-long (26.2ft) pool on a 180sqm (1,937.5sqft) main deck aft, a lower deck wellness centre with a sea terrace, a 240sqm (2,583sqft) private owner’s deck, two VIP suites forward on the main deck and a touch-and-go helipad.

Her sun deck has a raised jacuzzi surrounded by sunpads and intimate lounge seating forward. The bridge deck has sofa seating forward of the bridge with step access from the owner’s deck below. The aft deck has a helipad and inside is an en suite pilot’s cabin with a single berth and a guest lounge.

The owner’s deck, which features full-height glazing throughout, has a bedroom forward overlooking a private foredeck lounge, to which there is direct access. Aft there are his-and-hers bathrooms, one with a bath, the other a shower, and walk-in wardrobes. Off the owner’s lobby there is a private office and dayhead.

A media lounge faces a large bulkhead-mounted TV and a more convivial lounge looks aft through an arc of sliding glass doors onto a private aft terrace. Outside there is a fully equipped bar and dining for up to 14 guests beneath the overhang, sheltered by sliding glass screens either side, and sun lounge seating.

The focus of the main deck aft is the huge pool flanked by sun lounging space. Forward of the pool is a daybed shaded by the overhang and a semi-circular bar. There is access to a dayhead on the starboard sidedeck and steps either side lead down to a large swim platform.

Inside sliding glass doors is a lounge with sofas and armchairs. Forward is a formal dining area with a gloss-finished circular walnut table on a polished stone floor. The forward bulkhead features radiating rings of stainless steel around pearlescent crystal tiles, doors that conceal a crockery locker.

The lower deck’s full-beam spa has a dedicated gym, massage room, sauna, steam shower and lounge with juice bar radiating off a central large spa pool. To starboard there is a large folding sea terrace.

In addition to the owner’s suite and main deck VIP suites, three further guest suites on the lower deck and two additional berths complete accommodation for up to 14 guests in six cabins. She also sleeps 19 crew.

Twin 2,667hp Caterpillar diesel engines give her a top speed of 16.5 knots, and a range of 5,000nm at her passage speed of 12.5 knots, with stabilisers to reduce roll underway and at anchor. Lower deck shell doors conceal two large tenders and a selection of watertoys.

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Key features

• Hull #2 of successful Amels 242 series designed by Tim Heywood
• Privately owned, built for current owner, in pristine condition
• Interiors by acclaimed Winch Design
• Owner’s deck with Master cabin, His and Hers bathroom, office and lounge
• 2 VIP suites on main deck and 3 large guest cabins on lower deck
• 8m-long pool on main deck, jacuzzi on sun deck
• Elevator from lower to bridge decks
• Wellness spa on lower deck with gym and side sea terrace
• Functional helipad with pilot cabin on bridge deck

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26m Nordhavn explorer yacht Solace new to market

The 26.4-metre Nordhavn explorer yacht, Solace , is newly listed with joint central agents Christie Yachts and Denison Yachting.

Delivered in 2010, the Nordhavn 86 model, built of GRP in Taiwan, was designed by Jeff Leishman for an adventure-seeking owner and has only been privately used.

Solace has four large staterooms accommodating a party of eight guests and "vast interior volumes for a yacht of her size", thanks to her relatively large superstructure.

The owner's suite is positioned on the bridge deck with its own private deck, reached through large glass doors, and there is an "equally impressive" VIP suite on the main deck, both enjoying excellent views while exploring. There are quarters for a crew of four in two cabins.

A circular Jacuzzi is positioned up on the sun deck and this deck benefits from removable side screens allowing for all-weather exploring. An extended stern platform may be used for fishing or to board her 5.2-metre tender from.

The 162GT ABS-classed yacht for sale has a range of 3,500 nautical miles at her cruising speed of 10 knots. Solace's maximum speed is 12.5 knots under twin 600hp MTU diesels and TRAC stabilisers ensure a comfortable ride.

Lying in Fort Lauderdale, USA, Solace is asking $5,950,000.

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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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World's first hydrogen superyacht linked to Bill Gates hits high seas

• This 'mothership' superyacht must store its hydrogen fuel at -423.4 Fahrenheit
• Gates is reportedly selling a 224-ft 'shadow vessel' that pairs with the superyacht
• READ MORE:  Hydrogen-powered plane takes to the skies over UK for first time

The world's first hydrogen gas fuel-cell superyacht, long rumored to have been commissioned by billionaire Microsoft founder  Bill Gates , is now officially for sale.

Dubbed Project 821, the 390-foot (119-meter) superyacht is designed to run on 'green' hydrogen — although to be stored as a liquid, the gas must be cryogenically stored at -423.4 degrees Fahrenheit in painstakingly designed, double-walled tanks.

Dutch  shipbuilder Feadship said the launch of this approximately $646 million vessel on May 4th at their Amsterdam shipyard sees the yachting world 'forever changed.'

The ostensibly ecologically friendly superyacht has taken over five years to construct from design to completion, with custom additions for the final buyer yet to be made.

While a spate of news reports in 2020 leaked that Feadship and design firm Sinot Yacht Architecture & Design had been commissioned by the billionaire to construct this hydrogen-powered eco-yacht, details verifying the Gates deal remained elusive. 

As one yacht industry trade publication knowingly put it at the time, 'While Sinot has denied Gates is building the concept, it is understood that Gates is in talks to build a new superyacht with an unknown yard.'  

That trade publication, BOAT International , published a statement from Sinot denying any official agreement with Gates for the luxury boat project.

Responding to reports in the Guardian and the Sunday Telegraph, Sinot said, 'Various articles have appeared in international media stating that Sinot Yacht Architecture & Design sold its concept Aqua to Mr. Bill Gates.' 

'These articles are factually incorrect.'

Feadship, however, only declined to comment entirely, telling MegaYacht News that it 'does not comment on its order book.'

And this month, news broke on financial news site Benzinga that Gates intended to sell his ownership of an unknown superyacht as well as his $25 million yacht, the Wayfinder: a 224-foot catamaran-style boat built by famed shipbuilder Astilleros Armon. 

The Wayfinder, according to Benzinga , was 'designed as a shadow vessel, typically accompanying a larger mothership, which until recently, was not disclosed.'

The site, which covers stock market trades and other business news, indicated that this mothership was, in fact, Feadship's new hydrogen superyacht, Project 821. 

Unlike traditional yachts that rely on diesel engines or other fossil fuel-based means of propulsion, hydrogen fuel-cell yachts use hydrogen as their primary fuel source. 

Hydrogen gas (H2) reacts with oxygen (O2) gas in the fuel cell, producing nothing but pure electricity and pure water: H2O. 

'The aim has been to develop a new, clean technology not just for this project, but for the world,' Jan-Bart Verkuyl, Feadship's director and CEO, said.

The company added that the size of the yacht made it a good candidate for exploring the feasibility of a pure green hydrogen-powered fuel-cell system.

The ship's liquid hydrogen fuel requires approximately 8-10 times more storage space than traditional diesel fuel for an equivalent amount of energy, Feadship said.

All that fuel tank space, alongside the 16 fuel-cell energy converters themselves, plus the needed switchboard connection for the DC electrical grid, and a set of water-vapor emission vent stacks, added 13 feet to the ship's original specs.

'For those captivated by cutting-edge innovations,' Feadship said in a statement, 'this yacht presents an opportunity for potential acquisition as it showcases the pinnacle of modern technological advancements.'

The company pitched the high-priced luxury vessel as an investment in the sustainably technology's future, like a glamorous R&D project. 

'Investing in the required technology is necessary to make the transition away from fossil fuel,' Feadship said, 'and hydrogen is one of the most efficient and cleanest options.'

But, environmentally conscious amenities aside, Project 821 does also serve its elite market of wealthy seafarers with a variety of 'superyacht' prerequisites.

The ship has five decks above the waterline and two below sea level. 

It has 14 balconies, seven fold-out platforms, a pool, a Jacuzzi, a steam room, two bedrooms, two bathrooms, a home gym, pantry, and two offices each with a fireplace.

The ship also comes with space for its owner to stock a full library.

According to Feadship, the boat's power and food stores allow for an 'entire week’s worth of silent operation at anchor or [briefly] navigating emission-free at 10 knots while leaving harbors or cruising in protected marine zones.'

'It creates, in essence, a secluded four-level townhouse-by-the sea,' the firm boasted in their press release, 'within the much larger yacht.'

British RWD Studio, rather than Sinot, was reportedly responsible for crafting Project 821 ship-exterior and interior décor, deploying marble, rattan, taupe eucalyptus and limed oak to create, in Feadship's words, 'a luxe coastal vibe.'

When pressed for comment this year, a Feadship spokesperson reiterated that it would not be disclosing who had originally commissioned the eco-superyacht, nor who would ultimately buy the ship. 

'Feadship does not share any information about owners and prices,' the firm said, 'whether it is a 19-meter yacht from the 1960s or a 119-meter yacht from the 21st century.'

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The World’s First Hydrogen-Powered Superyacht Just Hit the Water

Project 821 uses hydrogen fuel cells to generate electricity., rachel cormack.

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A hydrogen-powered superyacht may sound like a far-off sci-fi fantasy, but Feadship has made it a reality.

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Five years in the making, Project 821 is at the bleeding edge of marine innovation. Designed by British studio RWD, the vessel uses hydrogen to power both the propulsion system and hotel load to eliminate carbon emissions. The 290-footer is also the largest yacht built by Feadship to date, meaning it could easily hold the requisite fuel cells, battery banks, and hydrogen tanks.

For the unversed, fuel cells are a combustion-free way to generate electricity. The fuel cell turns hydrogen into electricity that can be used or stored in lithium-ion battery banks. The only emission is water vapor. The automotive and aerospace industries have already embraced fuel cells, but the marine sector had to overcome some design issues and safety regulations before incorporating the technology. How to store compressed liquid hydrogen below deck at -423.4 degrees Fahrenheit is one such hurdle Feadship had to overcome.

Hydrogen is light but must be held in large, cumbersome tanks. In fact, Feadship says it takes eight to 10 times more space to store the hydrogen than the equivalent in diesel fuel. In the case of Project 821, the yard added 13 feet to the vessel’s original length to accommodate a large tank that holds more than four tons of hydrogen, 16 compact fuel cells, and the vent stacks. Even a yacht of such proportions cannot carry enough liquid hydrogen to power a crossing, but there is enough to generate electricity for short trips and the hotel load. The fuel cell technology can provide an entire week’s worth of silent operation at anchor or allow the yacht to cruise emission-free at 10 knots for a short period.

In instances when pure hydrogen is not an option, MTU generators running on HVO biofuel will send power to the 3,200 kW ABB pod drives. As you might expect, the yacht features an advanced energy management system that helps reduce power usage onboard.

Project 821 is by no means short on luxury, either. Showcasing an elegant, modern silhouette, the behemoth offers five decks above the waterline and two below. It also has the most hull openings of any vessel in the Feadship fleet, with 14 balconies, five shell doors, and seven fold-out platforms.

Penned by GA, the elegant interior pairs a neutral palette with textured fabrics to create a luxe coastal vibe. The epic owner’s deck is equipped with two bedrooms, dual bathrooms, twin dressing rooms, a gym, a pantry, two offices with fireplaces, a living room, and an outdoor terrace with a Jacuzzi. The owner can then take a private elevator to the coffee corner and games area on the bridge deck, the library on the main deck, or the private dining room. In this way, Project 821 evokes a four-level townhouse by the sea.

The best part? ​​Project 821 is for sale with Edmiston.

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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A seized superyacht shows up in Everett — minus one Russian oligarch owner

EVERETT — It’s not clear whether Russian oligarch Suleiman Kerimov had plans to visit Puget Sound this spring — the French Riviera is more the style of the U.S.-sanctioned mining and energy multibillionaire.

But Monday morning, the Amadea, a 348-foot, $300 million-plus superyacht said to be owned by Kerimov, arrived in the Port of Everett to have some work done at a local shipyard. 

A sleek, white shark of a ship with a knifelike bow, raked profile and quarters for 16 guests and 36 crew, Amadea swanned past Everett’s industrial waterfront with a tug escort and all the made-for-TV glamour of an international celebrity fugitive. Kerimov, of course, was not on board.

In 2022, Amadea (“God’s love” in Latin) was seized in Fiji at the request of U.S. authorities who claim Kerimov has enabled Russian aggression in Ukraine and Syria. Money laundering and conspiracy were also alleged.

At the time, the seizure was hailed as a warning to “every corrupt Russian oligarch that they cannot hide — not even in the remotest part of the world,” as a deputy U.S. attorney general put it in a press statement . 

But as any boat owner in this boat-focused community will tell you , seizing a superyacht is one thing. Maintaining its value as an asset is another — especially when the asset is the size of a ferry and equipped with a theater, a gym, beauty salon, teak decks, 30-foot-long pool, helipad and twin 5,766-horsepower diesels. 

“They’re saying it’s costing us $7 million a year to keep it up,” said Chris Petersen, a retired fisherman who runs a metal coatings shop on West Marine View Drive, a few blocks from the port and who, like many here, has been following the superyacht saga since Monday.

Indeed, fuel, maintenance, insurance and salary for the crew of Amadea during its impoundment in San Diego ran around $740,000 a month, according to federal court filings by the Marshals Service. 

In February, the Justice Department told a federal court it intended to halt this “excessive … drain on the public” purse by auctioning off Amadea, which the government claims Kerimov acquired in 2021.

But selling off this excessive drain has been complicated. 

There is litigation challenging Amadea’s seizure because the vessel allegedly wasn’t owned by Kerimov, but by another Russian oligarch, who is not sanctioned, according to court papers. 

Another complication, more relevant to Everett: Amadea’s insurance policy, according to court filings, requires service that can only be done by hauling the vessel out of the water — a job that appears to be slated for the dry dock facilities at Everett Ship Repair, on the port’s East Waterway. 

Few details of the project have been shared. Port officials have referred all questions to Everett Ship Repair, whose vice president of service sales, Lane Richards, politely declined to comment.

But a Justice Department spokesperson confirmed Thursday that Amadea was indeed “in Washington for standard dry dock maintenance.”

And on Wednesday, the vessel in question could be seen berthed, like a slightly lost Imperial Starship, on the south side of Pier 3, adjacent to Everett Ship Repair’s dry dock and the Washington State Ferry Salish. 

All the no-commenting has only added to the atmosphere of maritime intrigue and speculation in a town ordinarily unperturbed by big, secrecy-shrouded ships, including those at the nearby Everett Naval Station. 

Many here wonder why the U.S. government spent the money to bring Amadea all the way to Everett, when there are dry dock facilities in San Diego, San Francisco and Portland; even Seattle is 5 nautical miles closer to San Diego. 

Amadea’s fuel burn “is probably in the 8-to-10 gallons per mile range,” said Dennis Butterfield, a retired car dealership manager and former boat owner, as he kept an eye on the Russian superyacht Wednesday from a viewpoint on Warren Avenue. “That’s the United States government at work, if you ask me.”

Butterfield’s estimate was close: based on vessel specifications featured on the yachting website, YachCharterFleet , the 4,400-ton Amadea burns roughly 11 gallons per mile at a cruising speed of 15 mph.

The Justice Department declined to justify Amadea’s four-day journey from San Diego to Everett.

Such secrecy would likely suit Kerimov, who Forbes once described as “one of the most private Russian billionaires,” and who is also said to have close ties to the government of Russian President Vladimir Putin. The 58-year-old serves in the Russian Federation Senate, is reportedly worth nearly $11 billion and has owned villas on the French Riviera and elsewhere.

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He may also have owned a rare Fabergé egg, according to accounts of the search of the Amadea after its seizure .

Beginning in 2017, Kerimov was listed by U.S. officials as one of a number of Russian oligarchs “who profit from the Russian government through corruption and its malign activity around the globe .”

In March 2022, after the FBI reportedly linked Kerimov to the Amadea , the vessel was seized under a program known as Task Force KleptoCapture and eventually sailed to San Diego under an American flag.

But Amadea’s more recent trip likely had less to do with the vessel’s checkered lineage than with a shortage of West Coast dry dock capacity, especially for large vessels. 

Unlike the East Coast and the Gulf Coast, ship repair infrastructure on the West Coast is “is woefully undersized,” said Craig Hooper, a former naval ship building industry executive who writes and advises on security and defense issues.

In recent decades, several private shipyards with dry dock facilities have closed and building new capacity faces high costs and regulatory hurdles, Hooper said. As a result, “long transits to an open facility are relatively commonplace these days,” he added. 

In the case of the Amadea, Hooper hypothesized, “the responsible party may have put the job out for bid and an Everett yard was the available, lowest-cost option.”

According to court filings, Amadea’s dry dock work is expected to cost $5.6 million and take two months. 

By that time, federal officials may have sorted Amadea’s other complications. 

Last fall, attorneys for Eduard Khudainatov, the former head of state-owned oil company Rosneft, claimed Amadea isn’t owned by Kerimov, but by Khudainatov. Attorneys argue that since Khudainatov wasn’t under sanctions, the yacht was “not forfeitable, as it neither constitutes nor is derived from any unlawful activity.”

But federal prosecutors contend “that Khudainatov is just a straw owner put forward to disguise Kerimov’s ownership of the vessel,” according to an April 19 filing in a federal court in New York, where the case is ongoing.

In the meantime, Everett will take some pleasure in the Amadea’s august presence. 

Port of Everett officials, though tight-lipped about the vessel’s particulars, were clearly pleased by the message it sends of the port’s growing status as a maritime hub.

“Anything that puts Everett on the international map is a good thing!” said Kate Anderson, port spokesperson, in an email response to an inquiry about the Amadea.

Locals, too, appeared to be enjoying the celebrity by association.

“That magnitude of wealth — it’s just another world,” said Petersen, the retired fisherman.

Others wondered who would be foolish enough to buy a vessel whose ownership was being contested by Russian oligarchs.

But mostly, folks here appeared to sympathize with Uncle Sam’s desire to be rid of the costly, controversial craft. 

That was the sentiment of John Mostrom, who had taken a break from mowing his lawn Wednesday to peer down at the Amadea from the Warren Avenue overlook. 

“They say the two happiest days of a boat owner’s life,” Mostrom noted, “are when they buy the boat and when they sell it.”

The opinions expressed in reader comments are those of the author only and do not reflect the opinions of The Seattle Times.

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