600 million superyacht

What the US$600M 'world's biggest yacht' will look like inside

It's set to be one of the largest private residence yachts in the world when it launches in 2024, but what does a luxury apartment on board the 728 foot (221 metres) Somnio actually look like?

Interior renderings of the US$600 million vessel have just been unveiled, offering a glimpse inside what's being described as the world's first "yacht liner."

While all 39 of the floating apartments, which come with a private balcony or terrace, are said to be "fully customizable," some of the options showcased include huge shell-shaped beds, expansive living areas with ocean views, and wall-length mirrors.

FLOATING HOMES

Prices start from around $11 million, with sizes ranging from 1,600 to 6,500 square feet -- the largest condo takes up most of the top deck.

Somnio, which means "to dream '' in Latin, was designed by Winch Design and Tillberg Design of Sweden, and will be built by Norwegian ship designer and builder VARD.

The interior renderings were devised by Winch Design, Tillberg Design of Sweden along with Luttenberger Design.

Those who snap up a condo on "the most exclusive address in the world" will get to work with one of the design teams for up to three months in order to "decide the room configurations and select the materials, furniture, lighting and artwork."

EXCLUSIVE ADDRESS

A gym, a library, inside and outside dining spaces, "distinct" dressing areas and a "vast living room space with 270-degree forward views" are among the options available, although the layout is to be based on the buyer's preferences.

The identity of the owners will be kept secret, but all residents will have access to full concierge services "for both onboard and land-based needs."

"As the only residential superyacht in the world, we are delighted to work with designers that complement our exacting standards," Captain Erik Bredhe, co-founder of Somnio, said in a statement.

"Our owners will experience only the best, as is befitting of a yacht of this nature."

SUSTAINABILITY FOCUS

According to its designers, sustainability will be a key focus for Somnio, which is to be constructed with the "latest clean engine technology" along with materials and products to "create environmentally responsible interior design with a reduced impact" where possible.

Among the shared on board amenities onboard available include a 10,000-bottle capacity wine cellar and tasting room along with a lounge located in the ship's bow, a spa, a movie theater, restaurants and a beach club.

Residents will be charged an annual fee to cover expenses like maintenance and repairs, along with fuel and food.

A spokesperson for the project tells CNN Travel that Somnio has attracted exceptional interest since it was unveiled earlier this year, with some apartments already sold.

At present, The World, which measures 643 feet, is the largest private residential yacht on the globe, with a combination of studios as well as one to three-bedroom apartments on board.

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First Look: Inside the $11 Million Luxury Condos Aboard the Epic 728-Foot Somnio Superyacht

They range in size from 1,600 square feet to 6,500 square feet and come complete with a private balcony or terrace., rachel cormack.

Digital Editor

Rachel Cormack's Most Recent Stories

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The world’s first “yacht liner” is finally ready for her close-up.

The gigantic 728-foot Somnio , which is something of a cross between a cruise ship and a superyacht , was unveiled to the public earlier this year without any images of the interior. On Tuesday, the first, official renders of the lavish living quarters were revealed, and, boy, it was worth the wait.

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The epic vessel, which is expected to cost in the ballpark of $600 million, will be one of the biggest residential yachts on the water once complete and offer a total of 39 luxury apartments. With prices starting from $11 million, the condos range in size from 1,600 square feet all the way up to more than 6,500 square feet and come complete with a private balcony or terrace. The largest pad spans almost the entire top deck, just for context.

Somnio’s interior by Winch Design.  Winch Design

Naturally, each abode can be customized to the nth degree. Owners can specify the exact layout and opt to include multiple cabins, a personal kitchen, gym, library, dressing rooms, dedicated dining areas and/or a vast living room with 270-degree forward views. It’s perhaps as close as you can get to living on a luxury superyacht without buying one of your own.

The owners will also work with the experts at either Winch Design , Tillberg Design of Sweden or Luttenberger Design for up to three months to further tailor their floating home. The design firms will help with selecting the materials, furniture, lighting and artwork while sourcing things like cutlery, towels and bedding to dress the apartment. Owners can also choose to bring in their own interior decorator to support the process if they wish.

Somnio’s interior by Tillberg Design of Sweden.  Tillberg Design of Sweden

“Beauty may be found as much on the inside of Somnio as it is on the outside,” Somnio co-founder Captain Erik Bredhe said in a statement. “Our owners will experience only the best, as is befitting of a yacht of this nature.”

While onboard, owners will have access to a spate of restaurants and bars—there’s even a 10,000-bottle wine cellar and tasting room—as well as a sprawling beach club with water-sports facilities and a myriad of pools. Not to mention, you’ll also get to travel to the farthest reaches of the globe. Naturally, there is also a full concierge service to help you enhance your experience while on land or at sea.

Somnio’s interior by Luttenberger Design.  Luttenberger Design

To add to the exclusivity, Somnio’s condos are available by invitation or referral only and the identity of each new owner will remain a “tightly guarded secret.”

Check out more photos below:

Somnio is jam-packed with luxury amenities.  Winch Design

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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Roman Abramovich's $600 million superyacht was spotted anchored in Montenegro days after the UK imposed sanctions on the oligarch, report says

• Abramovich's superyacht has been spotted anchored off the coast of Tivat, Montenegro.
•  It arrived in the port just before 8 a.m. UK time, according to The Daily Mail.
• The 460-foot vessel that left Spain two days before UK sanctions hit, is worth $600 million.

Solaris, a superyacht belonging to Roman Abramovich, was spotted anchored in Montenegro on Saturday morning.

The Daily Mail first reported the news . 

Abramovich, an oligarch who owns Chelsea FC, has joined other Russian billionaires in moving his assets around the world in an attempt to prevent them from being seized.

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His 460-foot vessel left a Spanish shipyard on Tuesday, where it had been docked since late 2021 for repairs, Insider's Kate Duffy reported . 

The yacht, which is worth $600 million, according to SuperYacht Fan , was spotted off the coast of Tivat in Montenegro on Saturday just before 8 a.m. local time.

In the early hours of Saturday, the ship-tracking site MarineTraffic showed that Solaris was heading around Sicily and into the Ionian Sea. 

BCM Group, the port agents in Tivat, did not immediately respond to Insider's request for comment made outside of normal working hours.

Montenegro is not an EU member yet. However, the Turkish news agency Anadolu Agency reported earlier this month that Montenegro had joined the EU's sanctions on Russia.

The US and EU continue to take further steps to isolate Russia from the rest of the world. This includes banning exports of luxury goods to Russia.

Abramovich, ranked as the eighth richest man in Russia, is worth more than $11 billion. He holds stakes in the Russian steel company Evraz – 28.64% per SkyNews – and Norilsk Nickel.

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AZZAM yacht interior

The interior design of the AZZAM yacht is attributed to the French designer Christophe Leoni who is surprisingly not incredibly experienced in designing superyachts.

While exact details on the interior layout of the massive yacht have not been released to the public, it is known that Sheikh Khalifa requested a lot of wood furniture as well as intricate mother-of-pearl elements to be incorporated into all parts of the yacht.

More than a year’s worth of production of pearls was used in the interior design of AZZAM.

The interior has been described as being inspired by the Empire style reminiscent of the 19th century and incorporates numerous valuable artworks which are on display onboard AZZAM.

She can welcome an estimated 36 guests and over 80 crew members, which is one of the highest numbers in her size category.

The AZZAM yacht reportedly has 18 guest cabins with a massive owner’s suite that spans across several rooms.

According to rumors, the suite was constructed to be bulletproof, and there is a designated missile defense system installed onboard the AZZAM yacht although it is unclear whether this is accurate.

One of her most notable features is her custom-designed golf room which allows guests to practice their swings without even having to step foot outside.

She also has a large gym, a spa, several pools, jacuzzis, and a beauty salon on board.

Her main saloon is supposed to be one of a kind and one of the largest ever constructed on a private yacht. At 29 meters (95 ft) by 18 meters (59 ft), it is larger than a tennis court and offers unobstructed views of the outside due to its floor-to-ceiling windows.

There are no pillars to support the saloon, which gives it an open feel but requires additional ceiling beams and 7-centimeter thick custom-made windows.

A large and fast yacht-like AZZAM is bound to generate a lot of noise when underway.

To ensure a comfortable experience for guests onboard, engineers installed special software which keeps vibrations and engine sounds to a minimum.

This means that the large chandelier in the main saloon doesn’t rattle even when the yacht is underway.

Specifications

The AZZAM yacht might be the longest yacht in the world, but she is technically not the largest. DILBAR actually has a higher displacement and weight even though she is more than 23 meters (75 ft) shorter than AZZAM.

This impressive yacht was built by Luerssen in Bremen, Germany, and officially launched in November of 2013.

In March 2014, she briefly returned to Germany for some additional work. She has a 20.8-meter (68.3 ft) beam, a 4.5-meter (14.9 ft) draft, and a total weight of 13,136 tons.

AZZAM is powered by twin gas turbine engines and two additional diesel MTU engines and can carry more than 1 million liters of fuel onboard.

Despite her size, she can reach impressive top speeds of 30 knots which can be attributed to her relatively low draft, although her average cruising speed only lies at 12 knots.

The yacht has several cruising modes, including a sprint setting as well as a long-distance mode.

The exterior of the AZZAM yacht was developed by Nauta Yachts, which specializes in combining practical functions design with aesthetics and sleek yacht design. AZZAM is their largest and probably most well-known project. 

The AZZAM yacht took more than four years, and 4,000 people collectively worked for 6 million hours to complete it.

The exterior is all-white with a streamlined design that is meant to make AZZAM appear smaller than she actually is when seen from further away.

On the bow, a large helipad is available for guests to arrive and depart in style and the yacht carries at least one helicopter at all times.

The aft is reserved for a spacious swimming platform, although AZZAM does not have a beach club in this location like many other vessels of her size category.

As is to be expected for such a high-profile superyacht, AZZAM does not have a lot of open-air deck space and is designed to protect the privacy of its owners.

There are no visible pools or much seating, which suggests that the spacious interior of AZZAM is reserved for entertainment and common spaces.

Total price of US $600 million for the luxury AZZAM yacht.

Her annual running costs of US $50 to 75 million are not surprising, considering she is the largest private yacht in the world.

Azzam Yacht Docking in Gibraltar

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The crew of a Russian oligarch's $600 million superyacht was fired after sanctions meant wages couldn't be paid, reports say

• Oops! Something went wrong. Please try again later. More content below

The crew of the Russian oligarch Alisher Usmanov 's superyacht was fired on Monday, reports said.

The company that staffed the boat said sanctions meant crew wages couldn't be paid, Forbes reported.

Usmanov's estimated worth is $18.4 billion, and his yacht is valued at $600 million to $735 million.

The crew of the Russian oligarch Alisher Usmanov's 512-foot superyacht was fired after Western sanctions prevented wages from being paid to the vessel's staff, multiple outlets reported.

Sarnia Yachts, a yacht-management company in the UK that provided the crew for the $600 million vessel, Dilbar, said in an email to staff on Monday that "normal operation of the yacht has ceased," and that its crew had to be dismissed "as a result of the sanctions imposed," Forbes reported.

The West has imposed heavy sanctions on Russia, with the aim of crippling its economy and cutting off its military's funding, in an attempt to pressure President Vladimir Putin to end the invasion of Ukraine. The West has imposed sanctions not only on Russian banks but also on Russian elites and oligarchs , and they include the seizure of assets such as private jets and superyachts .

The European Union, UK , US , and Switzerland have all sanctioned Usmanov, freezing his assets and, in some cases, barring him from entering their territory. The EU said Usmanov "actively supported" the Russian government's policies of the destabilization of Ukraine.

Usmanov is worth an estimated $18.4 billion, the UK government said. He is the founder of USM Holdings, which has interests in metals, mining, and telecoms . His largest holding is in the Russian steel giant Metalloinvest. The European Union said he had "particularly close ties" to the Kremlin, calling him one of "Putin's favorite oligarchs."

The US has declared Dilbar "blocked property," which prohibits US staff from working on the vessel and bans the payment for its docking fees in US dollars.

Sarnia said in Monday's email to staff that the sanctions meant that some of the companies supporting Dilbar's crew were "unable to continue their normal lines of business," Forbes reported. Sarnia added that it was unable to continue paying salaries to the ship's crew, and that their final wages would instead be paid by the boat's owner, Forbes said.

"We have tried all avenues to find a solution to keep the team in place, and protect our positions, but have reached the end of the road of possibilities," Tim Armstrong, the yacht's captain, wrote in a message to the crew, Bloomberg reported.

The US Treasury said Dilbar's estimated value was between $600 million and $735 million, and that it cost an estimated $60 million per year to run.

Its builder, Lürssen, says it's the "largest motor yacht in the world by gross tonnage." The vessel is equipped with two helicopter pads and has its own 82-foot swimming pool.

Forbes reported that the ship usually had 96 crew members on board, while Bloomberg put the figure at 80.

Sarnia said in the email to the crew that a small number of staff from Lürssen, which owns the Hamburg shipyard where Dilbar has been docked for a refitting since October, would instead look after the "safety and security" of the ship, Forbes reported.

Forbes also reported that Dilbar had been seized by German authorities on March 2, but it issued a correction the following day that said the ship hadn't been impounded. Hamburg's Ministry for Economy and Innovation told Bloomberg that Dilbar wouldn't be able to leave the port until it received an export waiver from Germany's federal customs agency.

Lürssen declined to comment. Sarnia Yachts and Hamburg's Ministry for Economy and Innovation did not immediately respond to Insider's request for comment.

Read the original article on Business Insider

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Russian oligarch Alisher Usmanov’s $600M yacht seized in Germany: reports

Usmanov on tuesday confirmed that financial actions had been taken against him.

FOX Business Flash top headlines for March 2

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Authorities in Germany this week seized a lavish $600 million yacht belonging to a Russian oligarch , according to reports.

The Dilbar, a 512-foot vessel belonging to billionaire Alisher Usmanov, was taken over by authorities while it was being refitted in a German shipyard, Forbes reported.

The business magazine learned about the move Wednesday, just two days after Usmanov was sanctioned by the European Union as part of its response to Russia’s invasion of Ukraine , the report said.

The EU has accused Usmanov of being a close ally of Russian President Vladimir Putin and a supporter of Russia’s 2014 invasion of Crimea, the Washington Examiner reported.

RUSSIA INVADES UKRAINE: LIVE UPDATES

Usmanov on Tuesday confirmed that financial actions had been taken against him.

The luxury yacht Dilbar, which was delivered to a Russian billionaire in 2016, is moored at the Blohm+Voss shipyard on Oct. 30, 2021, in Hamburg, Germany.  (Getty Images / Getty Images)

"On 28 February 2022 I became the target of restrictive measures imposed by the European Union I believe that such decision is unfair, and the reasons employed to justify the sanctions are a set of false and defamatory allegations damaging my honor, dignity, and business reputation," he wrote Tuesday.

The statement was posted on the website of the International Fencing Federation , where the former professional fencer served as president since 2008 until stepping down Monday, the Examiner reported .

The Dilbar had been undergoing work at a shipyard in Hamburg, Germany, since October, according to Forbes. Employees of Blohm+Voss, the shipbuilding firm overseeing the project, were not at work Wednesday, the report said.

German shipbuilder Lurssen, which built the Dilbar, claims it’s the world’s largest motor yacht by gross tonnage, weighing nearly 16,000 tons, according to Forbes.

When operating, the ship has a crew of 96 people. It features an 82-foot swimming pool, two helicopter pads, sauna, gym and beauty salon and has 12 suites for accommodating 24 guests.

Usmanov is a former stakeholder in the English soccer club Arsenal FC, having sold his 30% share of the club for nearly $700 million in 2018, the report said . 

Usmanov retained a connection to the English Premier League through sponsorship deals involving his companies but those deals were discontinued, the Examiner reported.

Super yacht Dilbar, owned by Russian billionaire Alisher Usmanov, departed the Port of Southampton in the United Kingdom, in June 2021. (Getty Images / Getty Images)

Separately, Russian oligarch Roman Abramovich said Wednesday that he will sell English club Chelsea FC and donate proceeds to Ukraine war victims.

Usmanov's fortune comes largely from investments in the production of iron ore, steel and consumer electronics, as well as smaller stakes in telecom, mining and media companies, Forbes reported.

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He also has numerous real estate assets in Europe, according to the report.

President Biden and other Western leaders have made Russian oligarchs a target of their efforts to put economic pressure on Putin as he continues the Russian invasion of Ukraine.

This week in Washington, House Republicans promoted a bill that would let U.S. citizens seize yachts, planes and other property belonging to Russian citizens in the U.S.

Underwater superyachts? A CEO is pitching fantastical ships that can go 800 feet down and stay submerged for weeks

• Austria's Migaloo is offering to build a private "submersible superyacht" for the ultrarich.
• It says the M5 would be able to travel 820 feet underwater and stay submerged for a month.
• Despite the high up-front cost, CEO Christian Gumpold says the firm is in talks with buyers.

Forget megayachts. Forget billionaire basements. If you're unfathomably rich and want a new toy, there's an Austrian company that says it will build you a fully submersible yacht.

And this is no rickety Titan submersible .

The Migaloo M5 concept, the company says, involves a 540-foot base-model superyacht that would travel about 820 feet underwater and stay down there for up to a month.

"The needs of superyacht owners for their vessels are more complex than ever," Migaloo CEO Christian Gumpold told Business Insider, adding: "These wishes do not just include performance, length, or design."

Gumpold said that yacht owners were "looking for privacy, security, and protection for themselves, their guests and their valuables, or for the fulfillment of unique experiences up to scientific desires, as well as for the greatest possible exclusivity."

According to its marketing materials, Migaloo says the vessel's layout and features could be designed around any customer priority, whether that's security, thrill seeking, research, or simply vacation.

The company offers prospective buyers a checklist of options, including LED exterior lighting with a laser show, a helipad, a hot-air balloon, and — for the aspiring Bond villain — an underwater shark-feeding station.

The vessel could feasibly host a wealth of supplemental vehicles, including mini submarines, exploration vehicles, and working boats, it said.

Although at times it's described in the company marketing materials as a "private submersible superyacht" the M5 would technically be able to sail as a submarine — an underwater vessel that can launch itself and return under its own power, rather than having to be launched by a mother ship.

It's envisioned as being able to house up to 20 guests and about 40 staffers.

The Migaloo concept aims to satisfy an increasing desire for privacy and security among the world's richest people.

The most expensive megayachts ever sold now run into the half-billion-dollar range or more, with at least three $600 million yachts afloat, owned by various oligarchs and oil-state royalty.

Bobbing about underwater in a Migaloo M5, Elon Musk wouldn't have to worry about a jet-tracking student any longer.

Gumpold told BI he had specialized in yacht design since 2008, and he promised that all the complex arrangements of the Migaloo project — working with shipyards, flag states, and classification societies — would be taken care of by his company.

Much of the marketing material for Migaloo runs to possibilities that sound like science fiction, addressing problems that would either apply only to the ultrarich or which the rest of us would be too dead to care about.

Saying it works with the security company Safe, Migaloo claims it could create a "private submersible fortress," offering protection from electromagnetic pulses, cybercrime, piracy, solar flares, asteroids, and polar shifts.

That's on top of a gamut of features that any megayacht owner might expect, including spas, gyms, a gaming room, a wine cellar, an art gallery, and a panic room.

The cost, however, is the ultimate "if you have to ask, you can't afford it" test.

Gumpold told Fast Company that the price depended on the scope of the client's requests, comparing it to the price tag on large superyachts.

According to Fast Company's estimation, there are only 50 people in the world who could afford to purchase a luxury submergible megayacht.

It remains to be seen if and when any prospective buyers will bite.

Gumpold told BI his company was "still in close contact with several potential owners worldwide" and "very close" to executing the first project steps.

But he didn't elaborate on any concrete steps and wouldn't name any of his prospective clients.

With a turnaround time of about four to seven years, it's also going to be awhile before any of them would take to the seas.

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