Trump's election as president of the United States marked a number of firsts, including the institution of what has historically become the wealthiest cabinet ever in existence in America. The billionaire's effect on politics and policy has become the subject of many international debates, yet his interests in yachting tend to be less talked about but remain no less fascinating when coupled with his administration.
In his former life as a billionaire businessman, Trump not only owned an 86m superyacht as well as a shipyard for a brief period of time, but he also ordered the world's largest yacht, although it was never completed. Meanwhile, US Secretary of Education, Betsy DeVos, with a net worth estimated at $1,5 billion, and her family have been linked to no less than 13 yachts over the years.
In 1980, the late Saudi businessman and arms dealer, Adnan Khashoggi took delivery of the 86 meter (282 ft) Nabila. Built by Benetti in Italy, she became the 8th largest yacht in the world and appeared in the 1983 James Bond movie, Never Say Never Again.
When Khashoggi, however, ran into financial problems, the Sultan of Brunei took possession of the yacht to cover one of his loans. The Sultan quickly flipped the yacht to Donald Trump for a reported $29 million in 1987. In an interview in 1988, Trump said he received a $1 million discount for agreeing to change the name from Nabila, Khashoggi's daughter.
Khashoggi probably spent $200 million building this yacht, probably the best yacht ever built. I purchased it for a business. I use it for my hotels. I use it for a lot of different charities.
After acquiring Nabila, Trump renamed the yacht to Trump Princess and had it refitted by Holland-based, Amels for a near $10 million according to the LA Times. The H on the helipad was also changed to a T to stand for Trump.
Spread into over 100 separate areas over five decks, Nabila was without a doubt one of the most complex yachts of her time. With luxurious materials including onyx used for her interior, the yacht was also ahead of her time from a technological standpoint. Remote controls were installs next to the bed for shades, room service, and the entertainment center.
Amongst the yacht's main feature was a hair salon with 3 separate chairs, a sauna, a private elevator for the owner, one for guests and one for the crew, a 2.4-meter in diameter spa pool with a waterjet behind bulletproof glass. Whilst still owned by Khashoggi, many arms deals were signed onboard the yacht.
In June 1989, Donald Trump announced that he would build a larger yacht, "something in excess of 400 feet long, closer to 500 feet" as he told Newsday and that he was accepting bids from yacht builders for this project. Amels, then owned by a group of 4 British investors, secured the deal to develop the 128-meter Trump Princess II according to NRC.
In May 1990, it was announced that Trump bought Amels altogether. At a press conference in Makkum in 1990, Jeff Walker, VP of Trump's investment empire, denied that the shipyard was sold due to the previous owner's financial difficulties, which some have said, resulted from Trump canceling the construction of the Trump Princess II.
In September 1990, two months after the acquisition, Trump sold Amels to American businessman, Peter Kutell according to Deseret News due to financial problems. At the same time, the Trump Princess was put up for sale and all work on the Trump Princess II stopped. In 1991, Trump Princess was sold to Prince Al-Waleed for $19 million who renamed the yacht to Kingdom 5KR.
The superstructure for Trump Princess II allegedly remained at the Amels Makkum facility until summer 2001 when it was eventually removed. According to sources familiar with the matter, the superstructure is still parked at the Makkum facility, now owned by Feadship De Vries and reportedly sometimes used as a bike parking space.
Although Trump never came back to yacht ownership, other members of his cabinet remained involved in the space to this day. Betsy DeVos, US Secretary of Education, and her husband have a combined net worth valued at $5,1 billion. Amongst their long list of assets are no less than 10 yachts and reportedly an interest in the shipyard that built them.
Delivered in 2008 by US shipyard, Westport, Seaquest measures 50 meters (162 ft) and was designed by Donald Starkey. Reaching a top speed of 24 knots, she is part of the Westport 164 series. Interestingly, she's also not the only Westport 164 linked to the DeVos family as the 50-meter Legacy is also reportedly owned by the family.
Whereas the actual construction price of this particular Westport is unknown, as is typical with the vast majority of new build yachts, a similar 50-meter Westport sold at an asking price of $29,950,000 in November 2016. It is standard for the final, actual price to be 30-40% lower to the asking price in yachting.
Delivered in 2011, Legacy is a slightly updated version of the Seaquest. According to the media, the DeVos family has a solid preference for Westport yachts, having reportedly owned several of them in the past years. In fact, the family may even have acquired a stake in the US yacht manufacturer according to SYF.
Amongst the Westports linked to the DeVos is a Westport 112 from 2003 and a Westport 130 from 2005. Their fleet also includes an 85ft Pacific Mariner ( a brand owned by Westport) called Sun Quest. Additionally, an 80ft Hatteras called Kitsune can also be found in their fleet according to the media.
Although the DeVos fleet may already sound expansive as it is now, the family hasn't always been buying Westports and went through a number of other yacht shipyards as well. One of these superyachts was the 53-meter sailing yacht Independence, delivered by Italian shipyard, Perini Navi in 1998.
The yacht has since been sold, renamed to Jasali II and made available for charter from €138,600 per week. Accommodating up to 10 guests in 5 cabins, she stretches over a beam of 11.4m and can cruise at up to 12 knots.
Prior to their long run with Westport, the DeVos have reportedly owned no less than five Feadships according to SYF, all of which have been named Enterprise. The first to qualify as a superyacht would become Enterprise II, a 116ft Feadship delivered in 1970 now known as Utopia II.
Although from a different era and with different standards, in the 1970s, Utopia II was a true superyacht for its time. Amongst her classical feature are a round aft with an open top deck, partly used to store its tenders. 10 years following her delivery, a new Enterprise was built by Feadship, this time measuring 131ft.
Now known as Seagull of Cayman following changes of ownership, she features several enhancements over the previous Enterprise. The most noticeable of these is a dedicated sundeck, an upper deck skylounge and a larger main salon aft of the main deck. Several weeks ago she was put again on the market at an asking price of €5,900,000.
Yet another improvement on Enterprise III, the 149ft Enterprise IV was also built by Feadship in 1985. Through the Enterprise line can be seen the growth of a niche industry into the superyacht sector it is today. Now known as Explora, the yacht features larger windows, a sleeker line and a swimming platform aft of the yacht, all of which weren't found on classical yachts.
The last Enterprise to be built was delivered by Feadship in 1993 and is today known as Chantal Ma Vie. Measuring 55-meters (179 ft) in length, she already was a good representation of the modern superyacht, featuring a sleek line, large sundeck, expansive lounges, spacious cabins, a swimming platform and purpose-built tenders. In 2010, she was sold at an asking price of $15,9 million to her current owner.
Although their effect on US policy can be polarising and debated throughout the world, the effect that Trump and member of his administration have had on yachting throughout the past decades has undoubtedly played an important role in growing the market to the point where it is today.
Cantieri di Pisa's CdP Custom Division has announced the sale of a 37.50-meter explorer yacht, featuring a steel hull and composite superstructure. Designed and engineered by Marcelo Penna, this vessel offers accommodation for six guests and four crew members, with interiors designed for comfort and ample light-filled outdoor spaces. Key features include a well-equipped galley, a hot tub, an owner’s terrace, a spacious beach club, a massage room, and two side terraces. Parallel to launching three new yacht lines, Cantieri di Pisa is advancing its CdP Custom Division. “This sale marks a significant milestone for our CdP Custom Division,” said Marco Massabò, CEO of the shipyard under the ownership of Enrico Gennasio. “We are pleased with the swift completion of this sale, thanks to the collaboration of our sales and engineering teams. The yacht is set to launch by summer 2026.”At 37.50 meters in length and 8.15 meters in beam, the explorer sold to a French owner features a steel hull and a composite superstructure crafted using advanced vacuum technology. This reduces tonnage and lowers the center of gravity, enhancing propulsion efficiency and reducing fuel consumption. It also has a spacious garage midships with a side-launching system for a 6.5-meter tender and wave runners. The well-appointed galley, pantries, fridge and freezer areas, and a high-capacity laundry ensure comfort for long cruises, supported by generous storage compartments on all four decks.Designed for cruising in various latitudes and suitable for chartering, the yacht is equipped with state-of-the-art entertainment systems. The owner’s suite on the main deck includes a private terrace, while a full-beam VIP cabin and four guest cabins are on the lower deck. The captain’s cabin, situated on the bridge deck, is adjacent to the wheelhouse. Additionally, a massage room on the upper deck can serve as an extra single cabin.Marcelo Penna, the project's designer, noted, “This explorer is tailored for an expert owner, offering sustainability through a hybrid battery pack and generators that power hotel services at anchor. This ensures compliance with stringent environmental regulations.”Powered by two 1,000 HP MAN V8 engines, the yacht achieves a top speed of 15 knots and a cruising speed of 14 knots, with a range of 2,600 nautical miles. The engines meet the highest environmental standards (IMO III Epa Tier IV), and the hybrid battery pack provides additional power and silent operation during nighttime anchorage.The yacht will carry Bureau Veritas Charter class certification. Yachts Invest represented the shipyard in the sale, while AB Yacht represented the owner. AB Yacht commented, “The buyer chose Cantieri di Pisa for their uncompromising quality. This modern hybrid vessel, suitable for chartering, will set a new benchmark in the motor yacht market.”Cantieri di Pisa shipyard was founded in 1945 on the river Arno, the Tuscan shipyard became famous for its planing motoryachts, such as the Akhir and Kitalpha series designed by Pierluigi Spadolini. Since 2021 Enrico Gennasio is the new owner of Cantieri di Pisa.Credits: Cantieri di Pisa
July 26, 2024
Espen Øino, renowned for designing some of the world's most notable superyachts, has turned his attention to a smaller scale with Hodgdon's latest limousine tenders.The new limousine models, designed by Øino, measure between 9 and 11 meters and feature sleek, contemporary profiles. Both models share a streamlined hull design and can be configured with either a forward or aft helm. The helm's position affects the layout: a forward helm allows for a spacious aft deck, while an aft helm creates space in the bow for a plush lounge and a boarding ramp for beach access.The cabin boasts a retracting glass roof and large integrated windows, ensuring ample natural light and 360-degree views. The interior includes upholstered seating for up to eight passengers, with four additional seats in the bow lounge on one model and two captain’s chairs at the helm on both.In terms of propulsion, the tenders can be equipped with single or twin engines. Although Hodgdon has not disclosed specific details about propulsion options, speed, or range, the company’s existing lineup indicates robust performance. For instance, Hodgdon’s Mini Venetian Limousine, powered by a Volvo D3-220 diesel engine, can cruise 250 kilometers at 32.5 knots and reach a top speed of 35 knots.With these new limousine tenders, Espen Øino and Hodgdon combine luxury and performance in a sleek, modern package, offering a stylish and efficient option for superyacht owners seeking high-quality tenders for their maritime adventures.Hodgdon Yachts founded in Boothbay, Maine, in 1816, has a legacy of delivering over 440 vessels across two centuries. Known for high-quality, advanced composite construction, the family-owned company offers a variety of tenders, including limousine, beachlander, and open styles, along with fully custom runabouts tailored to specific owner requirements.Credits: Hodgdon Yachts
July 26, 2024
Heesen has unveiled Project Agnetha, a 55-meter steel class motor yacht with a profile designed by Frank Laupman of Omega Architects. The yacht's exterior features a modern, assertive design with horizontal lines that enhance its visual length, broad expanses of tinted glass on the main and upper decks, and a distinctive 'shark tooth' motif on the wheelhouse overhang. The design eliminates the need for fashion plates, resulting in a pillar-free superstructure aft, which enhances the yacht's indoor/outdoor flow and offers unobstructed sea views from nearly every vantage point on board, including the sky lounge.Mark Cavendish, Heesen CCO, comments: "The Heesen 55-meter Steel Class is constantly evolving, and Project Agnetha is the result. The beauty of buying this kind of superyacht is that the shipyard has taken care of all the technical aspects and has perfected the platform, incorporating in-depth feedback from our constant dialogue with brokers, owners, and captains. So when clients join the project, they can enjoy the fun part of building a superyacht, focusing on all those details that will make the yacht truly theirs."Project Agnetha accommodates twelve guests across six opulent staterooms, including a spacious owners' stateroom on the main deck forward, with separate his and hers dressing rooms and bathrooms, and a veranda on the starboard side, four guest cabins on the lower deck, and a VIP suite on the bridge deck. This layout makes the Heesen 55-meter class perfect for charters and clients who prefer multiple cabins.The interior, designed by Luca Dini Design and Architecture, focuses on creating a cosy and traditional atmosphere that radiates warmth and hospitality. Using a palette of warm tones, the design wraps guests in a feeling of comfort and familiarity, making Project Agnetha an ideal sanctuary for those who like to spend extended periods on their yachts.Niels Vaessen, CEO of Heesen Yachts, comments: "The Heesen 55-meter Steel Class represents the best example of intelligent superyacht construction. Over the past decade, we have focused on excellence and have achieved it, developing and refining the platform while optimising our supply chain and creating strategic collaborations with suppliers. This approach means we can deliver unparalleled benefits to our clients, including shortened delivery timelines, extensive personalisation, and – of course – Dutch craftsmanship of the highest standard."Vaessen elaborates, "Heesen has always been at the forefront of innovation in superyacht construction. We were pioneers in speculative build projects, beginning this transformative journey in the early 2000s with the highly successful 37-meter series and subsequently expanded the portfolio to include the 44, 47, and 50-meter yachts. Today, we are global leaders in the 50 to 57-meter segment. It's a testament to our bold and strategic commercial vision."Photo by Ruben GriffioenThe engineering of Project Agnetha is equally impressive, with an ultra-efficient Fast Displacement hull and two MTU8V4000 M63 (IMO Tier III) engines, enabling a top speed of 15.5 knots. The yacht is designed for safe navigation in all sea conditions, making it a quintessential go-anywhere blue-water motor yacht.Project Agnetha, where modern elegance meets superior performance, is available for delivery in Q2 2025.Heesen Yachts is a Dutch ship building company that specializes in custom-built superyachts in aluminum and steel from 30m to 70m in size. Founded in 1978, it has launched more than 170 yachts since its inception.Credits: Heesen Yachts
July 26, 2024
U-Boat Worx, a leading manufacturer of personal and commercial submarines, has announced a significant milestone for its Cruise Sub series, achieving 5,000 dives since its launch in 2019.The Cruise Sub series has become a prominent choice for underwater exploration, particularly within the cruise industry. With units delivered to private clients and ten units supplied to cruise operators, these submarines have established a reputation for safety, reliability, and performance.Since their introduction five years ago, U-Boat Worx’s Cruise Subs have been integral to the cruise industry, providing unique underwater experiences for passengers. The submarines’ capability to perform 5,000 dives underscores their durability and operational excellence.Roy Heijdra, Marketing Manager of U-Boat Worx, commented, "Reaching this milestone of nearly 25,000 people diving inside a Cruise Sub is a testament to our mission of making the oceans accessible. Our network of nearly 300 trained professionals reflects our commitment to advancing underwater technology and ensuring the highest operational standards."U-Boat Worx has positioned itself as a primary supplier to the cruise industry, driven by the growing demand for immersive underwater adventures. The Cruise Sub series allows cruise companies to offer guests unparalleled experiences while prioritizing safety and comfort.The submarines’ success is attributed to their adherence to stringent safety standards. U-Boat Worx collaborates with DNV, a leading classification society, ensuring their vessels meet advanced maritime standards. Andreas Fischer from DNV Maritime in Hamburg highlighted their decade-long partnership: "Our cooperation with U-Boat Worx has resulted in over 50 submersibles achieving compliance with international regulations. We congratulate them on this milestone and look forward to continued collaboration."The reliability of the Cruise Sub series has earned the trust of cruise operators worldwide. U-Boat Worx's comprehensive training program has been instrumental, with nearly 300 chief pilots trained to operate these submersibles, ensuring skilled handling in various conditions.Bryn Spencer, Chief Submersible Pilot, shared his experience, "Diving with the Cruise Sub and discovering new marine life in Chile's fjords was remarkable. Witnessing a bright orange anemone and a symphony of bioluminescence on our return was unforgettable."U-Boat Worx remains focused on advancing underwater exploration technology, with an unwavering commitment to innovation, safety, and reliability. This dedication drives the ongoing success and confidence placed in their submarines by the cruise industry.The Cruise Sub series continues to set the standard for underwater exploration. As U-Boat Worx celebrates five years of achievements and 5,000 dives, the company is poised to lead the industry with cutting-edge technology and a commitment to making underwater exploration accessible and safe.Founded in the 1980s by Bert Houtman, U-Boat Worx leads the global submersible market, continuing The Netherlands' maritime tradition with innovative, safe, and high-quality designs for both private and commercial use.Credits: U-Boat Worx
July 25, 2024
Royal Huisman, celebrating its 140th anniversary, has reached a significant milestone with the hull turning of Project 410, the world's largest sloop. This 85-meter marvel, also known as the "85m New World Sloop," represents the pinnacle of modern yacht design and engineering.Project 410, cloaked in secrecy, is a collaborative effort involving the yacht owner, Frers Design for the overall concept and naval architecture, and Wetzels Brown for the interior design. The engineering is handled by Royal Huisman's in-house team alongside expert co-makers. The project was initially unveiled at the St. Barths Bucket Regatta in 2022, but details have been sparse since then.The aluminum hull, constructed at Royal Huisman's expanded Hall 2 in Vollenhove, showcases the shipyard's commitment to pushing boundaries in superyacht construction. This latest milestone sees the main 61-meter section of the hull turned upright, a critical step in the vessel's development.The hull turning is a testament to Royal Huisman's engineering prowess and marks a pivotal point in the creation of the world's largest single-mast yacht. CEO Jan Timmerman highlighted the significance of this event, noting, "Four of the world's ten largest sailing yachts are either built by or under construction at Royal Huisman. This includes Athena, Sea Eagle, Project 410, and another large sailing yacht currently underway. These projects exemplify the advantages of large sailing yachts, such as the thrill of hoisting sails and cutting through waves, combined with advanced technologies for comfort and efficiency."Timmerman also emphasized the green credentials of these yachts, noting their ability to utilize wind propulsion and operate in an energy-neutral mode, a feature that allows for silent anchoring and efficient power generation. This approach continues Royal Huisman's legacy of innovation, initiated nearly two decades ago with the world’s first hybrid superyacht.The hull turning of Project 410 involved a meticulously planned maneuver using four cranes to lift and rotate the 200-foot aluminum structure over a canal adjacent to the shipyard. Once turned, the hull was placed on a cradle and moved back into the construction hall for further outfitting.With this phase complete, the focus now shifts to the installation of onboard systems and the completion of the bow section, which is being constructed separately. Concurrently, Rondal, a sister company, is progressing on the carbon boom, mast, and integrated sailing system.The completion of the hull turning marks a significant step forward in the journey of Project 410. As the yacht continues to take shape, it embodies the shipyard’s ethos of combining tradition with cutting-edge technology and sustainability. The Royal Huisman team, along with their partners, will continue to work towards delivering a yacht that is not only the largest of its kind but also a symbol of personal freedom and innovation.Royal Huisman is a Dutch shipyard established in 1884 in Ronduite, building and refitting custom luxury sailing and motor yachts at its shipyard in Vollenhove, the Netherlands.Credits: Royal Huisman
July 25, 2024