EclipseYacht

How Blohm + Voss Lost $300 Million on Roman Abramovich's 'Eclipse'

When we wrote about all the delays, snafus and spiraling costs surrounding Roman Abramovich's gigayacht Eclipse, many people had a good chuckle over the hundreds of millions of dollars in overages the oligarch incurred in his quest for the world's largest yacht. Now it turns out he's having the last laugh, because the yacht's German builders Blohm + Voss got stuck with the bill. That's because six years ago they rather foolishly signed an ironclad contract to complete the project for €340 million (about $485 million) according to a new report, whereas the actual cost turned out to be closer to €570 million, or about $785 million – meaning B+V took a bath to the tune of $300 million, enough for a whole other megayacht. Now Blohm + Voss' competitors at Lürssen are indulging in a good dose of schadenfreude over the incident while building an even bigger yacht for an Arab sheik.

Tags: Blohm + Voss, Eclipse, eclipse+yacht, eclipseyacht, megayacht, Roman Abramovich, roman+abramovich+eclipse, romanabramovicheclipse, Russian billionaires, superyacht, wealth, yacht

Abramovich's 'Eclipse' Finally Ready to Set Sail

by Jared Paul Stern (RSS feed) —

Filed under: Yachts & Sailing, Wealth

After a year-long delay our favorite Russian oligarch Roman Abramovich finally took delivery of the world's largest and most expensive yacht, the Eclipse (above), the other day in time to berth her in St. Barths for his big New Year's Eve bash starring the Black Eyed Peas. The yacht, which measures anywhere from 533 ft. to 557 ft. depending on reports, cost somewhere between $500 million – $1 billion, again depending on which news accounts you give credit to. In any case, the Eclipse will cost an estimated $50 million a year to maintain and each fill-up at the gas tanks will run Roman a cool $650,000. The Eclipse, built by Germany's Blohm + Voss with luxe accommodations for 30 guests and 75 crew members, was beset with problems as we noted over the summer. The yacht, which features a military-grade missile defense system, armor plating, bulletproof windows, three helipads, two swimming pools and a wellness center, is said to be paparazzi proof thanks to a special electronic shield.

[via JustLuxe]

Tags: abramovich, abramovich+eclipse, abramovicheclipse, Blohm + Voss, eclipse+yacht, eclipseyacht, megayacht, Roman Abramovich, Russian billionaires, st+barts, St. Barths, stbarts, wealth, yacht

Billionaire Buys Art to Decorate World's Biggest Yacht

by Rigel Celeste (RSS feed) —

Filed under: Art

Russian billionaire Roman Abramovich has ordered a new yacht, the "Eclipse", which is due for delivery from Blohm & Voss sometime this year and is being heralded as the world's biggest private yacht at 560 ft long. Among its many outstanding features are armor plating and a missile defense system, plus a laser shield that shoots bolts of light at cameras to ruin photographs and foil the paparazzi. He must feel safe leaving valuables inside (I guess!) because over the last several months he's been busy buying up art from the Millennium gallery in south England to decorate the yacht's massive interior. Although details on the specific pieces and prices purchased have not been released, we do know it totals 35 pieces so far and the collection is valued at over $300,000 dollars.

I would love to see that interior!

Source

Tags: abramovich, art, eclipse yacht, EclipseYacht, roman abramovich, RomanAbramovich, yacht