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The 20 biggest superyachts under construction

Take a peek inside the sheds as we shine a light on the largest superyachts currently under construction, starting with a unique explorer project and followed by a quartet of Lürssens...

REV Ocean | 194.4m

With a new length of 194.4 metres, REV Ocean remains the largest yacht in build anywhere in the world. Construction on the goliath vessel was briefly halted, but happily, in 2023, we got the news that the build had picked back up at Vard's facility in Norway. The mission-based REV Ocean will be a research vessel-superyacht hybrid designed to traverse the globe undertaking crucial studies and visiting the furthest corners of our planet.

Luminance | 145m

Project Luminance is a powerful-looking Lürssen with a classic raked bow and a high, brooding superstructure. Her two-tone exterior in navy blue and silver features two helipads and a large infinity pool and is the work of Espen Øino , marking the 30th collaboration between the designer and the shipyard. Interior design is the work of Francois Zuretti but details remain a closely guarded secret. She was last seen on sea trials in April.

Project Ali Baba | 142m

Another enormous Lürssen project is Project Ali Baba . After leaving the construction shed in two halves in May 2022, she was officially launched in December 2023. The launch comes after the yacht was prematurely revealed when a technical failure of the dock gate at the yard's Bremen facilities forced the yacht's nose into the dock curtain. Aside from the first image showing a grey profile with an elongated bow and bold exterior lines, including two helipads, the remaining details have been kept under wraps.

Project Deep Blue | 130m

While no official specifications have been released by Lürssen, Project Deep Blue is estimated to measure around 130 metres. The semi-complete hull was seen to be preparing to leave the shipbuilder's Lemwerder site in July, where she will move to Lürssen's Bremen facility for the next stage of construction. Here the bow segment will be attached ahead of her expected delivery date in 2025.

Project JAG | 122m

Commissioned by a repeat client as a replacement for his 96-metre superyacht, Project JAG is the owner's third Lürssen. Nuvolari Lenard has given this big vessel a futuristic, winged mast structure and a long pointed bow with what looks like a kind of bowsprit walkway. She can accommodate 20 guests in 11 cabins, with berths for 40 crew (that's two crew to each guest). She was seen for the first time in her full form in August 2023. Since splashing, she was last seen in October 2023, heading out to sea trails sailing down the Kiel Canal in Schleswig-Holstein, Germany.

Amels 120 Full Custom | 120m

Announced as a new evolution of the Amels Limited Editions line, the 120-metre in-build Amels superyacht is designed by   Espen Øino and marks the second custom collaboration between the studio and the Dutch shipyard. Described as a “unique and powerful” vessel, the project is set to be a "green, ecological superyacht" with diesel-electric engines and Azipod propulsion with superlative noise and vibration management.  The yacht is currently the largest project in build in the Netherlands and was last seen arriving at the Damen Yachting facility in Vlissingen, the Netherlands, to begin outfitting. Delivery is slated for 2025 when it is expected to be the largest Dutch-built motor yacht in the world.

Abeking 6514 | 120m

In October 2021, German shipyard Abeking & Rasmussen announced it had signed a contract to build a 120m+ superyacht . The Abeking 6514 will be the largest project undertaken by the shipyard since the commissioning of 118-metre Project 6507, now better known as Liva O .

Feadship 821 | 118.8m

Feadship's future flagship was spotted for the first time as she was floated out of her construction shed in April 2022 . The project, known as Feadship 821 , is said to be the largest yacht built by the Dutch shipyard to date, usurping the 110-metre Anna and, to our understanding, topping the recently launched Project 1010 . Project 821 is due for completion in 2024.

Project 1010 | 118.8m

The 4,999GT Project 1010 marks a significant milestone for Feadship. The design comes from the pen of the redoubtable Espen Øino, whose fluid lines are interrupted by an unusual pair of “eyebrows” amidships. Otherwise, Project 1010 displays a dark blue hull, a heavily raked white superstructure and a unique observation lounge “bubble” deck with curved floor-to-ceiling glass, tucked just under the mast.

Project Cosmos | 114m

Project Cosmos is yet another mega-build by German shipyard Lürssen and was glimpsed for the first time in March 2023.  The fuel cell-powered vessel was commissioned by a Japanese owner in 2020 and features an explorer-style profile with a glass observation lounge, swimming pool and an unusually large tender bay. Her exterior is the work of Australian designer Marc Newson, whose portfolio includes the 139.7-metre Solaris . She was last seen in transit from the yard’s facility in Rendsburg en route to begin outfitting in August 2023, with delivery expected in 2025.

Dorries 156 | 113.5m

In August 2022, it was reported that Dörries Yachts had signed a contract for the construction of a 100-metre-plus superyacht for an American tech mogul.

Oceanco Y722 | 111m

The 111-metre Oceanco Project Y722 was first glimpsed in June 2022 as she left the construction shed and was shipped to Alblasserdam site to begin outfitting. The project is expected to sit around the 5,000GT mark, which would put her as the largest yacht by volume to be built by Oceanco. 

Oceanco Y726 | 111m

Joining Project Y722 is another 111-metre Oceanco, Project Y726. The project moved to outfitting in December 2023, arriving at the Alblasserdam facility in an unconventional graffiti-style wrap designed by Rotterdam-based graffiti artist I AM EELCO. Interior details helmed by   Mark Berryman are understood to be "refined",  with little else being known.

Project Icecap | 107m

When she was revealed last summer at Lürssen’s Peene-Werft naval yard, it was clear that Project Icecap was shaping up to be a very capable explorer yacht. With an axe-style bow and the superstructure well forward, the yacht should punch safely through big seas, while offering big cargo-carrying capacity on the open aft deck. Owner’s rep Moran Yacht & Ship described the boat as diesel-electric powered. An ice-classed hull, heli-hangar and forward observation lounge are also on the spec sheet. 

Freire NB729 | 105m

Little is known about the 105-metre explorer under construction at the Freire Shipyard . It is understood that the yacht has been penned by Bannenberg & Rowell Design i nside and out. The contract was signed in July 2021 with the Spanish yard but no further details have been released. She is expected to be delivered in 2024.

Project JASSJ | 103m

Lürssen revealed the first details of the 103-metre Project JASSJ at the Monaco Yacht Show in 2021. Designed inside and out by RWD , Project JASSJ features accommodation for a total of 22 guests in 11 cabins, with an “industry-leading” beach club aft. Moran Yacht & Ship negotiated the contract and will supervise the build. She was last spotted emerging from the shed of the Rendsburg facility while being technically launched, in the same week that Project Ali Baba also emerged. The yacht shrouded in secrecy is scheduled for delivery in 2025.

Ulysses | 103m

The third Feadship to make this line-up of the biggest yachts under construction is the 103-metre project, christened Ulysses , with expected delivery in 2024. The yacht, last spotted on sea trials in November 2023, has been penned inside and out by Sinot Yacht Architecture & Design , making this the 10th collaboration between the designer and yard. Feadship has said that the yacht’s modern profile used 1,100 square metres of exterior glass and will feature a single-deck engine room. Ulysses will follow in the footsteps of famous yachts under the same name, including two Kleven-built explorers. Once delivered, Damen Yachting’s U-81 will serve as her support vessel. 

Project Jash | 100m+

Turkish shipyard AKYACHT has signed a contract for the build of a 100-metre-plus superyacht, with delivery scheduled for 2027. It is set to be the largest superyacht built on Turkish soil and the biggest undertaking by the shipyard, succeeding the shipyard's flagship project – the award-winning 85-metre Victorious. 

Feadship 824 | 98m

The latest significant milestone in Feadship’s Project 824 is the joining of the hull and superstructure in September 2023. The yacht is now at the yard’s Kaag base, after moving out of the NMC facility, and will undergo outfitting. The yacht’s plumb bow, low profile and contemporary curves draw similiaries to Feadships Pi and Najiba . So far, little has been revealed about this project, but according to BOATPro data she is expected to splash in 2025.

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MEGA YACHT, SUPER YACHT OR GIGA YACHT? WHAT TO CALL THE WORLD'S LARGEST YACHTS

There is no looking away when a large luxury yacht sails into view. the biggest super yachts in the world will always mesmerize and intrigue us, whether we are gazing at them from land or sea. but what to call these most expensive super yachts in the world there are no solid definitions when it comes to deciding if a boat is a super yacht, a mega yacht, or a giga yacht. or is that big boat just a yacht there is some general consensus on terminology, however, and several factors come into play when attempting to define the largest yachts in the world:.

IN THE TIME BEFORE SUPER YACHTS

Maritime history places private yachting in existence as early as the 1600s. At that time, boats began to be used occasionally as recreational vessels, rather than just as work boats. Later, private citizens, not just royalty, eventually began to own their own boats. These were separated from functional craft and the word "yacht" came into play.

LENGTHS OF A SUPER YACHT, MEGA YACHT, AND GIGA YACHT

A boom in large yacht construction blossomed around the time of the Industrial Revolution in the United States. As this era of wealth grew for family names such as Carnegie, Rockefeller, Morgan, and Vanderbilt, so did interest in the luxuriousness of these yachts, which they often saw as an extension of their family mansions. Since these boat owners were seldom mariners themselves, they hired crew to help run these vessels. The largest of these large boats of the time were considered yachts.

The length overall of a boat - for both powerboats and sailboats - is the first clue to how it is named in the yacht-industry nomenclature. Many maritime businesses will use the term super yacht for vessels at least 80 feet (24 meters) in length, while some consider super yachts to be a minimum of 100 feet in length (30 meters).

Many people use the terms super yacht and mega yacht interchangeably, while others believe a mega yacht starts at 200 feet (60 meters). There is also some consensus that an extremely high level of service from the onboard crew can bump a superyacht into the megayacht realm.

But as the largest of the yachts continue to grow in length, even the term mega yacht seems insufficient. Faster than the largest yacht in the world can be crowned, plans are already drawn up to exceed its length.

Should the largest, nearly 600-foot-long yacht fall into the same naming category as the 200-foot yacht? Probably not. For this reason, many more in the maritime industry will put the largest of the large luxury yachts into the giga yacht group. Similarly, the immense vessels that are still in the idea/discussion phase are called giga yacht concepts.

MEGA YACHT REGIONS

There are informal regional trends when it comes to naming the largest of the super-, mega-, and giga yachts. Although English is the primary language in much of North America and Europe, English can seem like two different languages when comparing London with New York. This is also true with yacht terminology.

Often the European yachting industry uses the term superyacht (or super yacht) while the United States more frequently uses the term megayacht (or mega yacht). As the yacht industry continues to grow, the use of super to describe a large, luxury yacht seems to be more predominant worldwide.

SUPER YACHT LEGALESE

Another factor that helps define boats is the legal aspect as described by several maritime groups. Whether the boat in question is the smallest rowboat, dinghy, or tender, or the biggest boat in the world, international and local regulations hold a few clues.

One international governing body is the Maritime and Coastguard Agency (MCA) based in the United Kingdom. This British agency legislates and guides the maritime industry with national and international support and has been a leader in internationally recognized definitions.

According to the MCA's Large Commercial Yacht Code's definition, "Large means 24 meters and over in load line length and the Code of Practice applies to yachts which are in commercial use for sport or pleasure, do not carry cargo, and do not carry more than 12 passengers."

MEGA YACHT CREW

The presence of hired crew onboard definitely lends itself to referring to a boat as a yacht. As soon as captain, engineer, purser, deckhand, bosun, stewardess, stew, and chef are in uniform and on duty to serve the owner, the tendency is to use the term yacht in any form, whether a super yacht, a mega yacht, or a giga yacht.

So, with no "official" rules in play, you can use your own judgement and preference when calling a vessel, a boat, a yacht, a super yacht, a mega yacht, or a giga yacht.

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Delivered in 2016, Dilbar is the largest motor yacht in the world by gross tonnage. She is one of the most complex and challenging yachts ever built, in terms of both dimensions and technology. At 15,917 tons, the 156-meter superyacht features entertainment and recreation spaces never before seen on a yacht. These include a 25-meter swimming pool that holds an incredible 180 m³ of water, the largest pool ever to have been installed on a yacht. The exterior design, a classic profile with a light ivory hull and bronze accents, was developed by Espen Øino International. Her spectacular interior, created by the Winch Design team, uses rare and exclusive luxury materials.

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What yachting industry insiders have to say about Jeff Bezos' superyacht

• Jeff Bezos' yacht , which reportedly cost $500 million to build, completed its first year at sea.
• The superyacht, Koru, was a frequent topic of conversation at the Palm Beach boat show.
• Here's what industry insiders think about the vessel.

It's been just about a year since Koru, Jeff Bezos ' $500 million megayacht, set sail from the Oceanco shipyard in the Netherlands, capturing the attention of yachting insiders and land dwellers alike.

Even after her first season at sea, the 127-meter ship is still one of the most talked about vessels among those in the know — and not just for the busty figurehead on its prow, which many have wrongly speculated is based on Bezos's fiancée . Koru was a hot topic at the annual Palm Beach International Boat Show, where the yachts of other billionaires were on display for sale or charter.

The overwhelming response from those Business Insider spoke to was awe, with many praising her unique design, commenting on her immense size, or remarking that they'd been lucky enough to see her up close.

"It's absolutely beautiful," said Federico Rossi, the COO of luxury yachtbuilder Rossinavi.

Still, due to the small size of the industry — and the fact that privacy is paramount in the yachting community — even those who complimented Koru mostly did not want to go on record in order to protect professional relationships.

"That thing's amazing," one such superyacht expert told BI. "It's very well done in terms of craftsmanship."

Unlike many other megayachts, Koru, which media billionaire Barry Diller's Eos inspired, is designed as a sailing yacht. That bucks the current trend of more severe-looking explorer boats — though Koru's 75-meter support vessel Abeona is of a more typical style,

"I heard back in 2018 or something that somebody had ordered a classic sailing yacht," the superyacht expert also told BI. "You order 125 meters, that's not really going to be classic. But it is. I think it's pretty cool."

Like most other megayachts, Koru is powered by her engines, which are reportedly innovative in their use of a kinetic energy recovery system. Industry experts, therefore, pointed out that her sails are more for looks than anything else — but that still works in her favor, with many praising her overall aesthetic appeal.

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"It's stunning," added a captain who has worked on several megayachts. He said he'd seen Koru in St. Barts, a favorite spot of Bezos and his fiancée Lauren Sanchez , over the holidays.

"There are definitely uglier boats out there," one yacht architect said. "It's not like it's shaped like his rocket," he jokily added, referring to the phallic design of Blue Origin's New Shephard .

Some, though, think the yacht is a bit excessive — which is saying something in a world where bigger is better and $250 million is a normal amount to spend.

"That's over the top. That's an insanely ridiculous boat," a longtime broker who favors discretion said. It's a "whole big show."

And the expert who praised the yacht's craftsmanship balanced his admiring comments by saying Koru's liberal use of teak — a wood traditionally used for yacht decks — was "bizarre."

The material has gained a bad reputation in the industry in recent years, as it typically comes from Myanmar, a country with a checkered human rights record. Plus, it takes a long time to grow, leading to deforestation.

Many shipyards have now turned to alternatives, like bamboo or plantation-grown teak, in their pushes toward sustainability. Bezos' team did not respond to BI's question about the origin of the deck's wood.

Teak or not, the yachting industry isn't generally known for being all that environmentally friendly — or indeed lowkey, so many who BI talked to didn't buy into the idea that Koru is "too much."

"If this is genuinely Jeff's dream come true, then great," Anders Kurtén, the CEO of brokerage Fraser Yachts, said. "I'm genuinely happy for him, and I'm happy for the people who got the opportunity to have employment to work on that."

And Bezos, of course, isn't the only billionaire with a stunning yacht . Billionaires like Jerry Jones and Bernard Arnault have also, at times, turned heads with their boats.

Most recently, insiders have tied Mark Zuckerberg to a 118-meter ship named Launchpad . It's the latest superyacht to capture the yachting world's attention.

So, as she sets sail for her debut summer season, Launchpad may take Koru's place as the main yacht on everyone's radar this year.

Watch: Walmart heiress' superyacht vandalized by activists in Ibiza

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Four Seasons Unveils First Yacht Itineraries and Suite Interiors

By Jessica Puckett

All products featured on Condé Nast Traveler are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission.

Four Seasons loyalists have a lot to be excited about, with the launch of the brand’s first yacht nearing in 2026.

The 14-deck luxury vessel, which is partly being modeled off of Aristotle Onassis’ iconic yacht Christina O , will offer some of the most opulent amenities at sea. Initial renderings released in October 2023 show a 66-foot saltwater pool, a marina deck built for swimming and watersports, sophisticated dining concepts, and 95 guest suites. Now, the Four Seasons has released the first renderings showcasing the spacious suites on board—and we got a first look.

The ship's sleek design seeks to translate “the Four Seasons guest experience in terms of comfort level and the luxury standards" to life at sea, Fredrik Johannson, partner and executive director of Tillberg Design of Sweden and the lead designer on the Four Seasons Yacht, tells Condé Nast Traveler. Even the hotel group’s beloved mattresses will be offered in every room.

The first renderings of the Four Season Yacht's suites were released Tuesday, showcasing spacious guest rooms with ocean views.

Also just revealed: the first destinations the yacht will call upon throughout its inaugural year. Passengers can expect to visit a wide variety of exclusive and jet-setting locales, as the yacht is slated to visit more than 130 destinations across 30 countries in its first year alone. And of course, guests will have the option to book pre-and-post cruise extensions at iconic Four Seasons resorts along the way.

“We’re incredibly proud to announce the first itineraries aboard Four Seasons Yachts, and know that these experiences will exceed our guest expectations when we set sail in 2026,” says Alejandro Reynal, Four Seasons President and CEO.

Each voyage calls upon small ports that are typically considered “yacht playgrounds," Thatcher Brown, the Chief Commercial Officer at Marc-Henry Cruise Holdings LTD and co-owner of Four Seasons Yachts, tells Traveler. Passengers can expect to sail between Caribbean and Mediterranean coastal havens almost exclusively visited by private vessels .

When the yacht launches in January 2026, it will first head to the Caribbean, where it will complete seven-night, island-hopping itineraries between St. Barths, Nevis, the Grenadines, St Lucia, Barbados, Martinique, Guadeloupe, Curaçao, and Aruba.

Then in March 2026, the ship will cross the Atlantic and begin sailing its Grand Mediterranean voyages , which include visits to alluring towns in Croatia, Gibraltar, Montenegro, Italy, Portugal, Spain, and Turkey. Travelers can also expect to access “under-the-radar” Greek islands , like Ios and Milos, as well as more popular Grecian destinations like Athens and Santorini, according to a Four Seasons release.

Guests will have the option to adjoin suites to accommodate families or other groups traveling together.

Sure the destinations sound glamorous—but it might be difficult for passengers to depart the ship and leave behind the luxe accommodations on board. Specifically the guest suites—which will offer 50% more living space per guest than any other competitor currently at sea, according to the company’s release.

Each space will offer floor-to-ceiling windows framing views of the sea, bathrooms with double vanities, and large closets. “Almost every single bed on this whole yacht is facing the sea,” Johannson says. “All the rooms there have this clarity to them. They are very exclusive, but they have a beautiful simplicity.”

Every suite will also offer private outdoor terraces. What’s more: guests will have the option to adjoin suites to accommodate families or other groups traveling together. There are more than 100 different adjoining configurations, including the option to reserve the entire side of a deck—an opportunity that would afford a group of travel companions more than 13,000 square feet of living space.

The Four Seasons Yacht will be divided between Funnel and Loft Suites, each with private outdoor terraces.

But the true showstopper on board is sure to be the Funnel Suite. Located on the very top deck where the funnel or smokestack would traditionally be, the Funnel Suite is essentially the ship’s penthouse, spanning four floors and 9,975 square feet. The massive space will feature three bedrooms and a terrace with outdoor dining space, splash pool, and outdoor showers. But the suite’s best amenity will be its views. The four-story, floor-to-ceiling windows have been fitted with the largest piece of contiguous curved glass at sea, offering sweeping 280-degree views of the ocean as the yacht sails from port to port.

Voyages on board the Four Seasons yacht haven’t yet opened for general booking, but interested travelers can join the yacht’s waitlist in hopes of securing one of the elegant suites on the 2026 itineraries.

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The most powerful Lexus ever is actually a $5 million yacht

The 2,000 horsepower, 68-foot long yacht accommodates 15 people and has six beds.

It seems Lexus has decided to leave us landlubbers behind and take to the seas . The auto maker just unveiled its new flagship: a 2,000 horsepower, 68-foot long yacht with a 1,849-gallon fuel tank, accommodations for 15 people and six beds.

The Lexus LY 680 (of course LY stands for Luxury Yacht) is the next generation of Lexus’ foray into big ol’ boats that started with the LY 650 back in 2018 , according to a release from Toyota . If you’re the kind of person who has the means for a Lexus LY 680, be prepared to fork over about $5.1 million. There’s also the small caveat that you’ve got to be in Japan to order one through Toyota Marine, Automotive News reports. I know, I know. That’s tough to hear.

Outside the LY 680 is wrapped in a very cool copper and silver paint scheme. It actually looks very similar to the rose gold color you can get on the Lexus LC500 . It’s quite sleek-looking, as far as yachts go. Inside is where the real good stuff is. You’ll find all sorts of lounge sofas, high-gloss paneling and other appointments designed by Lexus with the help of Italian styling company Nuvolari Lendard, according to AutoNews .

The second deck of the LY 680 (called the flybridge by nautically-inclined folks ) has apparently been extended by about 4.5 feet, and it features a lounge sofa and a grill. Lexus also extended the swimming platform by about 2.3 feet. If I had to guess, that’s probably where a good chunk of the three feet it grew over the LY 650 came from.

It should be noted, the boat itself won’t actually be built by Lexus . The Japanese automaker is outsourcing that job to a Taiwanese company called Horizon Group. Lexus says that the manufacturer has a “reputation for its advanced technological capabilities which have been honed through the construction of superyachts .

Powering the LY 680 is a pair of 12.8-liter straight-six diesel engines supplied by Volvo, according to Lexus. In their base configuration, the engines make a combined 1,600 horsepower. However, if that’s not enough for you, feel free to up the power to 1,000 horsepower each. That’s right baby. This is a 2,000-horsepower boat.

Here’s a little more from Lexus on what the LY 680 is all about:

Lexus aims to be a luxury lifestyle brand and the flagship Luxury Yacht is the embodiment of the Lexus design philosophy “Crafted.” The LY 680 expresses this philosophy by thoroughly paying attention to every single detail, in order to exceed customers’ expectations and create a unique experience that stimulates their senses, even while at sea. The concept for the Luxury Yacht is “to feel like a hideout in the middle of the sea, providing a space where discerning customers can feel free and at ease.” The exterior embodies the Lexus design philosophy of L-finesse, and the interior has been meticulously crafted down to the smallest details to provide a comfortable living space. In terms of performance, Lexus aims for confidence inspiring cruising performance, offering stable maneuverability, excellent ride comfort, and quietness.

Toyota first entered the boat business back in 1997, and it has sold nearly 1,100 boats since then, but only some have made it to the U.S. market, according to Automotive News .

A version of this article originally appeared on Jalopnik .

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Business | South Florida yacht brokers hit with lawsuits…

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Business | south florida yacht brokers hit with lawsuits that claim 10% commissions violate antitrust laws.

Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida’s yacht broker industry are anticompetitive and violate antitrust laws.

The claims follow an October finding by a federal jury in Kansas City, Missouri, that the National Association of Realtors conspired with brokers to artificially inflate commissions paid to real estate brokers. The ruling, and a March 15 settlement by the Realtors, is expected to radically change how homes are sold in the United States.

Both lawsuits involving yacht brokers name as defendants the International Yacht Brokers Association, based in Fort Lauderdale, the Yacht Brokers Association of America, Boats Group LLC and YATCO LLC.

Also listed as defendants in both suits are a who’s who of South Florida-based yacht brokers, including Denison Yacht Sales, MarineMax Inc., Galati Yacht Sales Inc., Allied Marine Inc., Tournament Yacht Sales LLC and Northrop & Johnson Yacht Ships, among others.

Nearly all of the defendants are headquartered in South Florida.

The most recent suit, filed on March 22, proposes a class of plaintiffs that includes anyone who listed vessels on certain Multiple Listing Services using a listing agent or broker affiliated with one of the defendants and paid a buyer’s broker commission since March 22, 2020.

The lead plaintiff in the lawsuit is Kip Lamar Snell, identified as an Alabama resident. Snell entered into an agreement with Galati to sell a 41-foot Express Cruiser Sea Ray in July 2020 and ended up paying a $12,000 commission on the $120,000 sale price, the suit states. The lawsuit lists as defendants 15 brokers and six organizations that promote the yacht trade or operate Multiple Listing Services.

That lawsuit follows one filed on Feb. 29 that proposes a class of plaintiffs that includes anyone who paid a commission to a listing broker affiliated with the defendants since Feb. 19, 2020. It lists as defendants 11 brokers and five organizations that promote the yacht trade or operate Multiple Listing Services.

The lead plaintiff in that suit is Ya Mon Expeditions, a Wyoming company that paid a “substantial broker commission” when it sold a vessel in January 2023 while represented by Tournament Yacht Sales of Tequesta.

The most recent complaint accuses the trade associations of colluding with brokers to “enforce an anticompetitive restraint that requires (sellers of pre-owned yachts and boats) to pay a brokerage fee to the buyer’s broker and a total aggregate commission fee that is inflated as a condition for selling their yachts.”

The complaint states the typical commission is 10% and is shared between the seller’s broker and the buyer’s broker under terms spelled out in Central Listing Agreements provided by the brokers associations, including the International Yacht Brokers Association and the Yacht Brokers Association of America.

Only boat brokers are able to list boats and yachts on such Multiple Listing Services as YachtWorld.com, BoatTrader.com and Boats.com, and the Multiple Listing Services will not accept listings from owners who want to sell their vessels themselves, the lawsuit states.

Yacht owners are “severely disadvantaged” if they do not list their boats for sale on the listing services, while buyers suffer because their brokers are “financially incentivized” to show boats that will earn them standard “and inflated” commission rates of 4% to 5% through co-brokerage transactions, the complaint states.

None of the defendants contacted for this story responded to a request for comment, and no response has been filed yet in either case.

Robert Allen Jr., whose Miami-based law firm Robert Allen Law represents the International Yacht Brokers Association, did not respond to emails or return a phone call.

A woman who answered the phone at the International Yacht Brokers Association said, “We have no comment on that,” and hung up after a reporter asked for her name.

Of six brokers contacted for comment about the lawsuits, only Tournament Yacht Sales responded to emails. “No comment,” the company’s response stated.

Overall commissions have increased faster than the rate of inflation in recent years as the price of larger boats and yachts have increased, according to the lawsuit that lists Snell as lead plaintiff.

The result is that boat owners pay “hundreds of millions of dollars” in inflated commissions each year, the suit alleges.

Both lawsuits allege violations of the Sherman Antitrust Act that are upheld by “brokers who should be competing with one another but, instead, cooperate with each other to the detriment of pre-owned boat sellers.”

Some brokerages represent both buyers and sellers and retain the entire 10% commissions, the suits state.

The trade associations enforce rules requiring brokers to offer their boats through a listing service and to share commissions, the suits state, adding that they can impose significant penalties on members who do not comply with their rules.

Yacht purchasers are disadvantaged by the current system, the lawsuit alleges, because their agents would otherwise negotiate for their business by decreasing their commission rates.

But buyer brokers’ commissions have remained constant despite their diminishing role, the suits state. Many buyers today find boats they are interested in purchasing through online searches and enlist the services of a buyer’s broker only after identifying the yacht they want to buy, the suits claim.

The lawsuits seek an order declaring the commission structure to be illegal, a permanent injunction outlawing what they describe as anticompetitive conduct, plus damages and/or restitution, pre- and post-judgment interest, and attorneys’ fees.

Paul Geller, an attorney for one of two law firms representing the class that includes Snell, acknowledged “parallels between the allegations relating to commissions in the real estate and yacht markets.”

In the real estate matter, the National Association of Realtors on March 15 agreed to a $418 million proposed settlement that would free home sellers from paying commissions to brokers for both sellers and buyers.

After a jury ruled for the plaintiffs in the case against the National Association of Realtors in October, numerous lawsuits were filed across the country with similar allegations, including one in December against the Florida Association of Realtors and 16 brokerages.

“At bottom, the goals of (the suit against the yacht brokers) are similar: protecting consumers by challenging what we allege to be anti-competitive conduct,” Geller said by email. “We believe in the universal truth that consumers benefit by increased transparency and the competitive pricing that results from negotiated terms, including commissions.”

Geller is a partner at Robbins Geller Rudman & Dowd LLP, which specializes in securities litigation on behalf of investors. The firm has offices in 10 cities, including Boca Raton.

Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at [email protected].

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After the fire: St. Andrews Bay Yacht Club focused on revitalizing this coming summer

PANAMA CITY — In November, the St. Andrews Bay Yacht Club building on Bunkers Cove Road was destroyed in a fire. Ever since then, questions have circulated around the community: How did the fire start? Would the Yacht Club rebuild?

The Yacht Club was up and operational for business within weeks of the fire. The Yacht Club is still taking in new members, as well. Members have joined the club even after the fire.

”The Yacht Club is in better shape than people would have imagined,” said Michael Wynn, 2024 commodore. “The staff members that we have are family to us. We believe and give to them and they give back to us.”

Wynn explained that one club member had this to say after the fire: “The clubhouse was just a building; the Yacht Club is about the people.”

The Yacht Club has discussed expanding its sailing center to provide greater resources for the community. The club expects the plans and renderings for the new club facility will be unveiled this summer.

Some of the staff members have left the club since the incident and others have stayed.

“Our staff is smaller now since the fire,” said Wynn. “We have less services being offered at the moment, but many staffers who left the club for other jobs have offered to come back once the club becomes (fully) operational again.”

The cause of the fire is still unknown. There have been different ideas and theories on how the fire started, but there has not been a definitive answer. But there was no foul play, Wynn emphasized.

”Right now, we don’t have a final number on what it’s going to cost to rebuild,” said Wynn. “We have architects and plans on rebuilding. We have members of the community who are donating services to help cut the cost (of our rebuild).”

More information about the club will be released closer to the clubhouse reopening. Wynn said the rebuild will both honor the club's history and heritage and also add modern touches.

Previous coverage: More details released as Panama City monitors St. Andrews Bay Yacht Club fire site

Wynn said the club's experience dealing with insurance after the fire has been good and the matter soon will be resolved. The experience was much better than the ones many people had after Hurricane Michael, he noted.

Wynn also is humbled and gratified by the outpouring of support and dedication from his fellow club leaders and all club members. He knew his one-year term as commodore, which began in January, would be full of challenges. But the club has rallied because the tradition and legacy mean so much.

"People care so deeply," he said.

News Herald Editor Jim Ross contributed to this report

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Producer who accused Sean 'Diddy' Combs adds Cuba Gooding Jr. to sexual assault, harassment lawsuit

A music producer who filed a lawsuit against Sean “Diddy” Combs last month has now accused actor Cuba Gooding Jr. of sexually harassing and assaulting him, an amended federal complaint filed Monday night shows.

The amended civil complaint was filed in U.S. District Court in Manhattan hours after federal officials searched Combs’ homes . Combs is a subject of a federal investigation, and several people have been interviewed by federal officials in Manhattan in relation to allegations involving sex trafficking, assault, illegal narcotics and firearms, a source familiar with the matter told NBC News.

Representatives for Combs, 54, did not immediately respond to NBC News’ request for comment Monday.

The producer, Rodney “Lil Rod” Jones, filed his original lawsuit against Combs and others in February, alleging that Combs forced him to procure sex workers and pressured him to engage in unwelcomed sex acts with them.

The amended suit alleges that Gooding groped Jones while on Combs’ yacht.

An attorney and representatives for Gooding did not immediately respond to requests for comment late Monday.

Gooding “began touching, groping, and fondling Mr. Jones’ legs, his upper inner thighs near his groin, the small of his back near his buttocks, and his shoulders,” Jones’ the suit states.

Jones “was extremely uncomfortable and proceeded to lean away from Mr. Gooding Jr.,” the lawsuit says. “He rejected his advances and Mr. Gooding Jr. did not stop until Mr. Jones forcibly pushed him away.”

Attorneys for Jones said in the lawsuit that the incident happened on a yacht rented by Combs in the U.S. Virgin Islands in January 2023. It accused Gooding of sexual assault and misconduct.

Gooding has not been charged with any crime.

In a different case, Gooding pleaded guilty in 2022 to a misdemeanor charge that he forcibly kissed a worker at a New York nightclub in 2018.

He completed alcohol and behavior modification counseling, was then allowed to withdraw that plea and then pleaded guilty to a lesser harassment violation, resolving the case with no jail time .

On Monday, federal agents with Homeland Security Investigations executed search warrants at properties belonging to Combs in Los Angeles and Miami, sources told NBC News.

There has been no information connecting Gooding to any of the searches, and it is not clear what the searches entailed.

Combs has been accused of misconduct in civil cases filed by four women. One was quickly settled and three are pending . Combs has denied the allegations in those lawsuits.

“Let me be absolutely clear: I did not do any of the awful things being alleged. I will fight for my name, my family and for the truth,” he said in a December statement.

Jones said in the lawsuit that he worked on Combs’ latest album, “The Love Album: Off the Grid.” The album was released in September 2023 and was nominated for a Grammy.

The suit alleges , in part, that Motown Records, and others, benefited from his work on the album, but that he was not fully compensated.

Monday’s amended complaint filed by attorneys for Jones contains a declaration by former Motown Records CEO Ethiopia Habtemariam who it appears to show her willing to testify about the contract involving “The Love Album.”

A spokesperson for Universal Music Group, which owns Motown Records, did not immediately respond to a request for comment.

The lawsuit seeks damages, including punitive damages, but does not specify an amount, seeking amounts to be determined at trial.

Diana Dasrath is entertainment producer and senior reporter for NBC News covering all platforms.

Phil Helsel is a reporter for NBC News.

Sunrise Yachts Sponsor 2011 Moscow International Boat Show (MIBS)

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Written by Mike Smith

Sunrise Yachts, a luxury yacht building company which is based in Turkey, has been made a main sponsor of next year’s 2011 Moscow International Boat Show (MIBS). The four-day Russian yacht show event is currently scheduled to run from April 14-17 at the Moscow’s Crocus exhibition centre.

moscow boat show

MIBS is organised by the ITE Group and it is one of Russia’s leading boat shows and is an internationally recognised superyacht event. The show covering everything from small parts and accessories to large superyacht with over 9,000 people and 178 exhibitors attended the last year show.

The Paolo Scanu-designed Sunrise 45 yacht is an ocean-going cruising yacht that was released in 2009 to much acclaim at this was the group’s first-ever model.

Sunrise Yachts was founded in 2007 by the German entrepreneur Herbert P Baum along with the French-British yacht builder Guillaume Roché. The luxury yacht group is based in Antalya, Turkey and utilises a 10,000sq m shipyard facility. Sunrise has two sheds measuring 100m (328ft) x 16m (53ft), as well as a 70m (230ft) x 16m (53ft) fully acclimatized paint shed that can accommodate new-build and refit projects up to 65m (213ft) in length and 1,200 tonnes displacement.

The sunrise 45m superyacht by Sunrise Yachts

Along each side of the yacht-building facility, space is available for long-term sub-contractors with the latest equipment and logistics capabilities, along with air-conditioned storage, ventilation and extraction plants. The shipyard is organized as an “assembler,” based loosely on the car industry’s model, with a small, yet powerful project management team charged with running all the in-house long-term sub-contractors.

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "Sunrise Yachts Sponsor 2011 Moscow International Boat Show (MIBS)".

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