Superyachts are fascinating creations destined to the world's highest net worth individuals, and for that reason alone the space has always drawn interest from the mainstream public. Yet, many surprising events in yachting are often overlooked even by most knowledgeable experts. Yacht Harbour looks at yacht trivia you should really know.
#1 Donald Trump used to own Amels
Back before he became US President, Donald Trump was a prolific billionaire most known in yachting for his 86-meter Trump Princess, which he bought from Adnan Khashoggi in 1988 for $28 million.
"Khashoggi probably spent $200 million building this yacht, probably the best yacht ever built." Trump then commented in the media. "I purchased it for a business. I use it for my hotels. I use it for a lot of different charities."
Following the purchase, Trump spent near $10 million at Amels to refit the yacht according to the LA Times. In June 1989, he announced he would build the world's largest yacht, 'something in excess of 400 feet long', for which he was accepting bids from shipyards. Amels, then owned by a group of 4 British investors, won that bid to build a 128-meter Trump Princess II.
This project, in part, led to financial problems for Amels, a significantly smaller shipyard then. A year later, Trump then acquired Amels, shortly after canceling the construction of Trump Princess II, as was announced in 1990. In September of that year, he sold Amels to American businessman, Peter Kutell due to financial problems according to Dessert News. For nearly half a year, however, Trump essentially Amels.
#2 Business Insider thought a $4.8 billion yacht was sold in Asia
In the summer of 2011, Stuart Hughes, a UK-based designer, claimed he had been commissioned for the world's most expensive yacht, the 100ft History Supreme. Hughes claimed on his website that the yacht was bought by a Malaysian businessman for £3 billion. 100,000 kilograms of solid gold and platinum were supposed to be used for this project in addition to railings and anchor made of precious metals.
With such a reported price, the story spread like wildfire across national media based on Hughes' statement. Italy-based, Baia Yachts however later came forward with a statement saying that the story was fake and that Hughes had taken pictures from their website, which he then tried to pass off as his own concept.
#3 A Broker Pretended He Sold A 222-meter yacht
In October 2014, the yachting community was baffled to read in mainstream media about 222m Triple Deuce, a project supposedly sold by 4Yacht. Not only was the length of the superyacht baffling but the wording of the press release was also off-putting. The project, for which the designers were never announced, was supposed to have an "agressive" delivery schedule and to supposedly be handed over to the client in 2018.
With us now in 2019, it is clear no signs of such a project were never real, as Yacht Harbour first reported in 2016. CNN and many other mainstream media were, however, quick to publish that the world's largest yacht was now Triple Deuce.
#4 An owner's captain asked for a €3 million commission to help broker a deal
In early 2004, the late Boris Berezovsky set out to build a 110-meter yacht at Lurssen to be called Darius, at a price of €148,540,000 plus interior fitting costs. As the economic crisis hit, he was unable to pay the seventh tranche in May 2008 and decided to put the yacht up for sale for €300 million as it was a few months away from delivery.
Eventually, the listing agent, through a second broker found a pathway to a serious potential client via his captain. To bring the deal forward to his employer, the captain asked for a €3 million commission as was later shown in court fillings. Eventually a deal closed directly between the buyer and the seller for €240 million.
#5 The world's largest yacht will be used to carry scientists
Brain child of Norwegian Billionaire Kjell Inge Rokke, the 182.9-meter REV will become the world's largest superyacht. Instead of being simply a luxurious vessel, however, its owner intends to let WWF operate it as a base for scientists to help research and protect the oceans. "The REV will be a platform for gathering knowledge." Rokke explained.
"There may not be any economic rationale for the private construction of such a ship, but the case is compelling from the ocean's point of view." Rokke detailed.
When not used for research, REV will also engage in traditional charter activity for ultra high net worth individuals on a weekly basis, with the ability to carry up to 36 guests and a crew of 54 under that configuration.
#6 All of the top yacht shows are owned by the same conglomerate
Initially founded in the 1990s by Maurice Cohen, the Monaco Yacht Show used to be a much smaller event than it is today. In 1994, the rights to it were acquired by show management company IRR, which organised at the time the much larger Superyacht de Nice show. Ultimately, IRR itself was acquired by Informa, along with the MYS.
With a market cap of near $5 billion, Informa now often highlights the Monaco Yacht Show as one of its most well known events. In 2017, it tightened its grasp on the yacht show market by acquiring the Fort Lauderdale Boat Show, the Palm Beach Boat Show and 3 others in the US for $133 million. Now all major yachting shows are owned by Informa.
#7 A Broker Pretended to have sold a 405ft yacht on Ebay
4Yacht, the same brokerage company that claimed years later it had sold a 222-meter yacht, draws its publicity stunt roots much deeper. In 2005, as research by Yacht Harbour, found the company had already announced it had listed a 405ft yacht on Ebay, a novel approach at the time.
A year later, however, the broker claimed the yacht was sold on eBay via the "Buy Now" button with the buyer paying a 50% deposit for $85 million, yielding a total sales price of $170 million. When Forbes looked into whether the sale was real, no information was found. More than a decade later, this yacht still doesn't exist.
Hargrave Superyachts has launched its new 38-meter tri-deck motor yacht, the Hargrave 125, from its Antalya, Turkey facility. The vessel, designated Project 125, will debut at the 2025 Cannes Yachting Festival.With a 7.92-meter beam and 1.95-meter draft, the Bahamas-compliant design features a displacement hull optimized for long-range cruising. Stabilization systems operate both at anchor and underway. The 330GT interior maintains 2.2-meter ceiling heights throughout its 10-guest, 7-crew configuration.Power comes from twin Caterpillar C32 main engines with matching 75kW generators, delivering a 17-knot cruising speed. An ASEA power converter ensures global shore power compatibility. The yacht carries a 10-year structural warranty and equivalent coverage for main mechanical components.Hargrave includes a six-month management package with each sale. The vessel remains available for inspection ahead of its Cannes showing.Credits: Hargrave Custom Yachts
June 20, 2025
The Yacht Club Costa Smeralda is hosting the 2025 Swan One Design Worlds from June 17-21, featuring 35 teams from 30 nations competing across four one-design classes. The event marks the competitive debut of the ClubSwan 28 class alongside established ClubSwan 36, 42 and 50 fleets."The Swan One Design Worlds highlight the energy and camaraderie of the ClubSwan family," said Luisa Bambozzi, Managing Director of ClubSwan Racing. "Porto Cervo provides the ideal setting to combine world-class racing with vibrant shoreside activities."The regatta features defending champions in multiple classes, including Mamao (ClubSwan 36) and Nadir (ClubSwan 42). Notable entries include Leonardo Ferragamo's Cuordileone and Marcus Brennecke's Hatari in the ClubSwan 50 division. The newly introduced ClubSwan 28 class will compete for its first Gold Cup, with seven teams including youth entry NOX OCEANI featuring 13-year-old helmsman Giorgio Nocella.Giovanni Pomati, CEO of Nautor Swan, emphasized the event's community aspect: "This regatta represents the unity and international spirit that defines the ClubSwan family." The competition schedule allows for eight races per class (ten for ClubSwan 28), with Mistral winds expected for the final racing days.Social events include class dinners and an owners' reception at YCCS, culminating in Saturday's prize ceremony. The ClubSwan Academy continues its youth development program, providing young sailors access to competitive racing platforms.Nautor Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor Swan
June 19, 2025
Italian yacht builder Mylius Yachts has revealed details of its new M60GL sailing yacht, an 18.5-meter performance cruiser-racer designed by Giovanni Ceccarelli. The first unit is currently under construction for a European owner, with delivery scheduled for 2026.The M60GL features a carbon fiber hull with Corecell core construction, combining racing performance with cruising comfort. The design includes a 24-meter carbon mast supporting a 120 sqm mainsail and 325 sqm gennaker, with deck hardware from Harken Racing GP. The yacht's 5.5-meter beam provides expanded social areas while maintaining competitive sailing characteristics."Ceccarelli has captured the owner's brief perfectly, blending innovation with our family feeling of speed, beauty and comfort," said Mylius Yachts CEO Valentina Gandini. The first hull will feature a three-cabin layout with bleached oak flooring and high-gloss white bulkheads, showcasing the yard's customization capabilities.Key features of the M60GL include twin helm wheels with integrated Mylius branding, a convertible transom serving as both swim platform and tender garage, and removable cockpit elements that allow conversion between racing and cruising configurations. The yacht's systems include B&G instrumentation and domotic controls, with optional removable appliances for racing use.Mylius reports strong market interest in the model, which targets owners seeking competitive racing capability without sacrificing cruising comfort. The M60GL represents the yard's continued focus on fully customized carbon fiber construction for performance-oriented sailing yachts.The Mylius Yachts shipyard, headquartered in Podenzano, has been dedicated to the construction of fast sailing vessels and performance cruisers with a recognizable and winning style since its foundation. Mylius is among the leaders in the production of yachts ranging from 55 to 80 feet. Mylius has added the production of motorboats, including fast motorboats and habitable motor yachts.Credits: Mylius Yachts
June 19, 2025
Damen Yachting has commenced sea trials for the first 80-meter Amels Limited Editions superyacht, marking the final phase before its scheduled summer delivery. The vessel represents the latest addition to the Amels series, featuring hybrid propulsion technology designed to reduce emissions and enable quieter operation.Project manager Romke van der Linde stated: "The sea trials offer a unique opportunity to experience firsthand the innovation, design, and power that this yacht delivers." The trials will evaluate the yacht's performance, including its hybrid system's efficiency and operational capabilities.The Amels 80 incorporates design elements focused on sustainability alongside traditional Dutch shipbuilding techniques. The yacht's technical specifications and interior layouts remain undisclosed, though Damen Yachting confirms the vessel maintains the Limited Editions' standard configuration options.Construction of the Amels 80 began at Damen's Vlissingen facility, with the hull and superstructure completed before the start of outfitting. The sea trials will be conducted in the North Sea, with final delivery to the owner expected following successful completion of all tests.Damen Yachting currently has multiple Amels Limited Editions models in various stages of construction at its Dutch shipyards. The 80-meter platform joins the existing 60-meter and 78-meter offerings in the series.Damen Yachting, a division within the Damen Shipyards Group, was created in 2019. The division combines the pedigree and heritage of Amels yachts with a growing portfolio of SeaXplorer yachts and Yacht Support vessels.Credits: Damen Yachting
June 18, 2025
The European Boating Industry (EBI) federation has elected Fabio Planamente, Vice President of the Italian Marine Industry Association, as Special Representative for the Large Yacht Sector during its General Assembly in Hamburg. Planamente will serve a two-year term on the EBI board alongside newly elected President Robert Marx (VMWD/Germany) and other European industry leaders."I am honored to have received this assignment," said Planamente. "This role recognizes the work carried out by our President Piero Formenti during his terms leading EBI, and confirms Italy's strategic position in the global yacht sector." The Italian delegation will focus on US/EU tariffs and new propulsion technologies during the upcoming term.Fabio PlanamenteThe Assembly saw EBI formalize new partnerships with the European Fishing Tackle Trade Association and Foundation for Environmental Education, while establishing a permanent Life Cycle Assessment working group. Membership expanded to include ACAP-APICAN (Portugal), Fédération Française Ports de Plaisance (France), and the returning Slovenian Marine Industry Association, bringing total representation to 32 members across 21 European countries - the highest since EBI's 2009 founding."This appointment confirms Italy's leadership in the large yacht industry," stated Piero Formenti, President of the Italian Marine Industry Association. The federation reviewed progress on its Blue Boat Horizon initiative and prepared for upcoming EU regulatory discussions affecting marine industries, including sustainability standards and marina certifications.EBI, where the Italian Marine Industry Association holds founding member status, serves as the principal European recreational marine industry representative. The expanded board now includes delegates from all major European boating markets to address sector-wide challenges.Credits: Italian Marine Industry Association; Unsplash
June 18, 2025