For some weeks now, we have been hearing rumours about a 222 metre project, project Triple Deuce. We asked the broker involved in this project, to comment.
“Project Triple Deuce is about to set the world on fire as not only the largest private yacht ever built, coming in at a whopping 222 meters (728.4’), but also the most expensive, at a cost of over $1 billion USD,” said Craig Timm, yacht broker at 4Yacht, Inc.
Timm continues by saying “Project Triple Deuce will begin at a European shipyard, which has still yet to be decided, in the next 6-12 months, with a target delivery date of spring 2018.”
It is only a matter of time before superyachts will break the 200 metre barrier, however, delivering a 220 metre yacht in 2018, seems optimistic. Only a handful of European yards are capable of building a yacht of this size, and building anything over 100 metres in just 4 years might become a real challenge.
4Yacht also shares some info about Tripple Deuce‘ cost. “Current large super yachts run about €3.5 million to €4 million per meter to build at the best European shipyards. If we do the quick math, we can see that Project Deuce will cost €777 million to €888 million”.
Usually, shipyards calculate their cost by the gross tonnage, and most shipyards have a rough price per 1 gross tons. Depending on the total gross tonnage of project Triple Deuce, which has not been released, it may, or may not, come close to the figure mentioned by 4Yacht.
Unfortunately, 4Yacht was not able to provide more details, such as the designer, or the volume. They did release information about the engines; triple gas turbine engines producing over 100,000 horsepower, powering electric podded propulsion units. Adding such features will almost certainly add more time to the total construction time, putting more pressure on the 2018 delivery date.
Time will tell if construction of this project will eventually commence.