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Megayachts

Then and Now Page 3

Then & Now: 1993-2003

Part 3: Jumbo Shrimp, Greg Norman, and more

By Elizabeth A. Ginns and Capt. Patrick Sciacca

   
 More of this Feature

• Part 1: 39 Toilets, and more
• Part 2: $9,500 per minute, and more
• Part 3: Greg Norman, and more


 Related Resources
• Megayacht Index

Katana earns recognition for having the most horsepower, thanks to her twin 5,000-hp Deutz engines and 18,500-hp GE turbine, giving her a total of 28,500 hp.

Jumbo Shrimp
The smallest yacht on this year’s list is the Greek-owned Feadship Varmar VE, with an LOA of 182 feet. In 1993 the smallest was the 153-foot Charade (a 29-foot difference), which was built by the same builder for a Californian and was one of the first megayachts to employ a jog lever rather than a wheel for steering during ordinary operation.

$Cha-Ching!$
The most expensive charter yacht on the 2003 list is the newly constructed, 279-foot Annaliesse, costing $770,000 per week. According to Paul Chamberlain of the Marine Group in Palm Beach Gardens, Florida, the 408-foot Savarona was the most expensive charter yacht back in 1993, at a cost of just $350,000 per week.

Greg Norman and Aussie Rules

In 1993 Greg Norman was too busy winning the Doral-Ryder and British Open and earning $1 million on the PGA Tour to make our list. But Norman has apparently lightened his schedule (and his winnings) to enjoy more time on the water aboard his 220-footer, Aussie Rules, which debuts this year at number 36.

Holy bank account, Batman! If you combine the personal wealth of American megayacht owners Larry Ellison (Katana, Ronin) and Paul Allen (Tatoosh, Octopus, and Méduse), the total equals $112 billion (according to Forbes) which exceeds the gross national product of New Zealand.

Of the world’s 100 largest yachts:
1993
2003
20 were American-owned
12 were Greek-owned
11 were Saudi-owned
5 were British-owned
1 was Filipino-owned
28 are American-owned
14 are Saudi-owned
9 are Greek-owned
2 are owned by a German woman
1 is Egyptian-owned

Previous page > $9,500 per minute, and more > Page 1, 2, 3

This article originally appeared in the July 2003 issue of Power & Motoryacht magazine.

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