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Project Master Motor Yacht
- Length
- 70 m230 ft
- Delivery
- 2027
- Builder
- Icon Yachts
- Guests
- 12 in 6 cabins
- Cruising
- 10 kn
- Building in
- Netherlands
- Asking price
- approx. $111,000,000
About Project Master
A conversion of a former offshore rescue vessel into a 2,801-gross-tonne explorer yacht is the design story behind Project Master. Icon Yachts is carrying out the transformation, due for delivery in 2027. Espen Øino International drew her exterior and Winch Design her interior, and she carries Polar Code C certification, built for cruising into icy waters.
Build and provenance
She is built in steel to a monohull displacement design and classed with Lloyd's Register. Her propulsion is hybrid diesel-electric, paired with a Dynamic Positioning system.
Layout and accommodation
Project Master sleeps 12 guests across six cabins: an owner's deck, two VIP suites and three further guest suites, cared for by a crew of 25, a ratio built for long expedition voyages rather than a week at anchor. An elevator connects her decks, and a helideck built for commercial use opens her to guests arriving by air rather than by tender.
Performance and engineering
Two Voith Schneider electric propellers give her a 10-knot cruise and a 14-knot top speed: propulsion built for manoeuvring quietly in ice and tight anchorages rather than for outright pace. Five Scania generators of 524 kilowatts each power the hybrid system, and her tanks hold enough for a 6,700-nautical-mile range, enough for an ocean crossing without refuelling.
Where she lies and how to see her
Project Master is being built in the Netherlands. Boatcrowd is handling her sale and can arrange a viewing during her build, attending it with you. Once an offer is accepted, the survey and sea trial follow in the usual order.
Full Specifications
- Length
- 230' / 70 m
- Beam
- 15 m
- Draft
- 4.5 m
- Gross Tonnage
- 2,801 GT
- Guests
- 12
- Cabins
- 6
- Crew
- 25
- Engines
- 2 x VOITH eVSP
- Fuel
- Hybrid (Diesel-Electric)
- Cruising Speed
- 10 kn
- Top Speed
- 14 kn
- Delivery
- 2027
- Hull
- Monohull
- Style
- Displacement
- Country
- Netherlands
Build
- Hull Material
- Steel
- Exterior Designer
- Espen Øino International
- Interior Designer
- Winch Design
- Classification
- Lloyd's Register (LR)
- Flag
- Malta
Performance
- Range
- 6,700 nm
- Generators
- 5 x Scania (524kW)
Features & Amenities
- Also aboard
- Elevator Commercial Helipad
Plans
Where She Sits in the Market
Per metre, she is above the band median.
| Group | Listings | Asking price | Per metre |
|---|---|---|---|
| This yacht | $111.5m | $1.6m | |
| Yachts of 50 to 70 m | 77 | $50m | $871,000 |
| Built 2024 to 2030 | 462 | $14.2m | $441,000 |
Each group is the priced yachts for sale with Boatcrowd, her included, and every group figure is a median. Prices quoted in other currencies are converted at today's rate.
Buying Costs
- Survey
- A buyer normally commissions a condition survey, and a sea trial, once an offer is accepted and before the sale becomes unconditional. The cost depends on her size and on where she is lifted, and it is the buyer who appoints the surveyor.
- Registration and flag
- She will be registered on a flag of the buyer's choosing, which carries its own fees and its own survey and crew requirements. Where the yacht is owned through a company, the shares rather than the vessel may change hands, which changes what is payable.
- VAT and import
- Whether VAT is due, and where, depends on the yacht's current status, her flag, the buyer's residency and where she is delivered. Where the seller has stated her VAT status, it is shown with the asking price on her page, and it is confirmed in writing before an offer is made.
- Running costs
- Crew, berthing, insurance, class and annual maintenance continue from the day she is yours. A yacht that is also chartered earns against them, and we will set out what her season has actually returned before you commit.
Estimated running costs for a yacht of her size are set out on the size page: What a yacht over 70 m costs to run.
Questions about Project Master
When will Project Master be delivered?
She is in build at Icon Yachts in Netherlands, with delivery given as 2027. The year on an in-build listing is the delivery year, never a build year, and the specification shown is the one the yard has committed to.
Is the asking price of Project Master negotiable?
EUR 99,500,000 is her asking price. Offers are put to the owner: when you are ready, we put yours forward and agree terms.
What will Project Master cost to run?
Crew, berthing, insurance, class and annual maintenance continue from the day she is yours. Estimated running costs for a yacht of her size are set out on the size page: What a yacht over 70 m costs to run.
Details are given in good faith and are not contractual. Offered subject to prior sale, price change or withdrawal without notice.
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