Porto Montenegro has recently completed the construction of a superyacht berth measuring 250m in length. The addition of this berth means that Porto Montenegro is now the marina with the world’s largest superyacht berth, beating One Ocean Port Vell, the previous holder of this title, by 60m.
While the title of the longest private superyacht on the water remains with 180m Azzam, we have seen a handful of concepts that paint a picture of what a new age of 200m-plus vessels could look like. For instance, Christopher Seymour’s 220m Double Century motoryacht project, marketed exclusively by the Fort Lauderdale-based brokerage house 4Yacht. But what is the likelihood of vessels this size coming to fruition in the near future?
This is not the first time that 4Yacht has been at the heart of rumours concerning 200m-plus projects. In 2014, 4Yacht announced the sale of the 222m Triple Deuce project, at a cost of over $1 billion.
Since the announcement that Triple Deuce had been sold to a “person of vision, someone with a dream to own the world’s largest yacht,” no extra information has been released pertaining to the designer, the builder, the owner or the stages of the build, except that the launch date has been pushed back to 2018, a claim that is yet to be substantiated by any builder.
Following the announcement of the Double Century project in 2015 the mainstream media once again exploded in a flurry of activity hailing the era of the ‘gigayacht’.
Now, with Porto Montenegro adding to the excitement with its 250m berth, the industry is once again intrigued by the behemoths of the future. But, is it not more prudent to consider a 250m berth in terms of two 125m berths, if for no other reason than because currently no single vessel can occupy that space without a secondary vessel being able to join it.
Taking into consideration Russia’s political and economical instability, as well as the poor performance of oil on the world’s markets, might it be time to put dreams of 200m-plus vessels on hold – if only for the time being?
If you've found this story to be 'a report worth reading' and you would like to enjoy access to even more articles, insight and information from The Superyacht Group, then you may well be interested in our print subscription packages, which include the most comprehensive and up-to-date information on the state of the superyacht market. Subscribe here, to these 'Reports Worth Paying For'