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$200M Contrast and Compare

Discussion in 'General Yachting Discussion' started by hrothgar, Mar 30, 2011.

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  1. hrothgar, Mar 30, 2011
    #1
    hrothgar

    hrothgar New Member

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    I have been lurking for many years on this site. I finally registered and making my first post. Like all of you, I am fascinated and love yachts of all shapes and sizes. I assume there was some broad correlation in $ and the size of the yacht (until now).

    The following 2 yachts have me thoroughly confused as both are valued at $200M:

    1. Seven Seas - 282ft Oceanco; interior by Nuvolari Lenard and all the trappings of a yacht this size.

    2. Alamshar - 164ft yacht that has been in the build process for 12 years. It was designed to break the transatlantic crossing record via Rolls Royce gas turbine engines.

    The Seven Seas looks like $200M yacht; the Alamshar does not. What am I missing? I guess I am curious at how $200M can end up so differently.

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  2. Andrew B., Mar 30, 2011
    #2
    Andrew B.

    Andrew B. Member

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    Speed

    Just a wild guess...

    One was built for class and comfort. One was built for speed and leading edge technology.
  3. carelm, Mar 30, 2011
    #3
    carelm

    carelm Senior Member

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    Alamshar is being maintained at the Babcock Marine yard in Devonport UK. The site is primarily a Royal Navy shipyard, but they do some commercial work as well. When I was there on a contract in 2009, there was a yacht roughly 100M in length being constructed that absolutely dwarfed Alamshar.
  4. Hattsoff, Mar 30, 2011
    #4
    Hattsoff

    Hattsoff Member

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    A lot of the pricing on a yacht can seem very "off" to the outside observer due to not seeing the interior. What I mean is, a yacht may be 200 mil but that price probably includes artwork, crystal, designer fabrics etc etc. You may have a 200 mil yacht but that 200 figure includes millions in artwork for example. (actually learned that from reading this forum. Until then I'd never thought about it)

    Then of course a certain marque will carry a price premium.

    You can see this a lot in the sportfish market. I can show you a 50 ft sportfish designed for charter use with a "medium or lite" interior finish and show you the identical 50 ft sportfish by the same builder BUT outfitted for private use for an owner with very expensive taste. On the outside they will appear almost the same but inside completely different. You start outfitting the interior of a yacht with a high end designer and add extremely high end audio video equipment along with exotic woods etc etc and it adds up very fast.

    I believe I read Cakewalk has a walk in cooler just for fresh flowers. I can only imagine what other features that thing has that added to it's cost.
  5. Fishtigua, Mar 30, 2011
    #5
    Fishtigua

    Fishtigua Senior Member

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    There is a simple answer:-

    SPEED

    Seven Seas is a traditional yacht built in the normal way. It cruises at a comfortable rate of knots across oceans.

    With Alamshar a whole new technology is in play. Gas Turbine engines, composite hull, high-speed electronics. All these toys cost an awful lot of money to go 60 knots.

    So the answer is if you want to go fast in a big boat, have a very big bank account.
  6. hrothgar, Mar 30, 2011
    #6
    hrothgar

    hrothgar New Member

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    Thank you for the insights. I didn't realize there can be that much disparity on the interior and the engines to justify such a wide swing in $.
  7. Capt J, Mar 30, 2011
    #7
    Capt J

    Capt J Senior Member

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    So do the leading edge lightweight materials used to keep weight down. Kevlar, Divynicell, etc etc etc.......on a yacht like Alamshar, every engineering thing is design for weight and speed. On "The World is Not Enough", everything that went on the boat was weighed. The interior doors look like solid teak, yet weigh 1.5lbs each.......etc. etc.....