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134m Lürssen superyacht Luminance delivered

The 138.8-metre Lürssen superyacht  Luminance has been delivered. She was last spotted leaving the yard for her sea trials in April 2023.

Construction on the mammoth project began in 2018 but few details have been revealed since. She is ranked number 11 in the largest yachts in the world and is the seventh-largest project ever built by Lürssen.

Exterior design is the work of Espen Øino and marks the 30th collaboration between the designer and the shipyard. The pair have worked on numerous 100-metre-plus projects including the 136-metre Flying Fox , 156-metre Dilbar and 135.5-metre Crescent . The interior design is the work of Francois Zuretti but details remain a closely guarded secret.

Other major projects currently underway at Lürssen include the 122-metre Project Jag , last seen on sea trials in October 2023 and the 142-metre Project Alibaba , which was launched in December 2023 .

The bare hull of Project Jassj was also recently sighted during her technical launch at Lürssen's Rendsburg facility.

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Launch of new 145m Lürssen superyacht LUMINANCE

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By Steph Loseby   9 February 2023

The newest addition to the prestigious Lürssen fleet has been launched from their Vegesack facilities in Germany. The top-secret 145m (475ft) superyacht LUMINANCE was unveiled today and has proven to be a serious head-turner.

Ranking as the 15th largest yacht in the world and estimated to have an internal volume of 9,400 GT, the brand new Lürssen motor yacht LUMINANCE certainly wows onlookers with her vast proportions. 

Her construction began in 2018 before she was moved to outfitting in February 2021, but as ever, further details about the Lürssen superyacht, including specifications and amenities, remain shrouded in secrecy. 

Her exterior styling comes from the boards of Espen Øino and marks the 30th collaboration between the designer and the shipyard and Francois Zuretti is responsible for her interiors.

Superyacht LUMINANCE follows the launch and sea trials of the 146-meter (479ft) superyacht Opera in September 2022. Upon delivery, superyacht LUMINANCE will be the 8th largest yacht in the Lürssen fleet.

Once she has been delivered, it is not expected that yacht LUMINANCE will be available for charter . 

To discover Lürssen vessels that are currently for rental, take a look at the range of Lürssen yachts available to charter .

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Ukraine’s richest man is all set to take delivery of his ultra-luxurious $500 million megayacht. As long as three Olympic-sized swimming pools, the secretive ‘Project Luminance’ is spread across four decks, has two helipads, a large swimming pool and beach club.

What can one expect from the Luminance Yacht? One look at the Luminance yacht during its final sea trials reminds you of other great ships sailing out of the Lürssen stable, designed by Espen Oeino, like Nord , Flying Fox , and Dilbar. Longer than the 464-foot megayacht Nord , it is safe to presume that the latest megayacht will fall in the $500 million plus bracket. The video revealed a gigantic multi-deck boat with teak decks, a steel hull, and an aluminum superstructure.

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Ukrainian oligarch seeks to distance himself from Russia by mulling sale of superyacht.

The richest man in Ukraine has committed to building back his country. But he is also constructing a luxury ship that would rival a yacht that the U.S. government believes may belong to Vladimir Putin.

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By Michael Forsythe

• May 19, 2022

As his steel mill in Mariupol was being destroyed by Russian bombs, becoming the site of a last stand by the city’s defenders, the billionaire Rinat Akhmetov, Ukraine’s richest man, emerged as a staunch supporter of the country’s war effort.

But even as Mr. Akhmetov pledged to help rebuild Ukraine, a large portion of his fortune was committed to a secret vanity project that speaks to his past as a pro-Russian oligarch: A German shipyard is building a superyacht for his family’s use.

The yacht, now known only by the code name Luminance , may be among the 10 largest superyachts in the world when finished. Nearly half of those are owned by Russian business magnates. In tonnage, the 475-foot luxury vessel could approach the size of the Moskva, the Russian Navy cruiser that the Ukrainian military said it sank last month in the Black Sea.

Now, Mr. Akhmetov is considering selling the yacht, even before it is completed. “Given the current circumstances, we are considering its possible sale,” Jock Mendoza-Wilson, director of international relations for Mr. Akhmetov’s company, System Capital Management, said in a statement. The New York Times is the first to reveal Mr. Akhmetov’s ownership of the vessel.

Owning a luxury yacht has become a status symbol for oligarchs from Russia and other former republics of the Soviet Union, who in recent years have eclipsed Gulf state kings, princes, sultans and sheikhs as the top buyers of the very biggest vessels.

But since Russia’s 2014 annexation of Crimea and its support of a separatist movement in eastern Ukraine, Mr. Akhmetov has distanced himself from his pro-Russian past, which included financial backing for the Kremlin-supported and corrupt former president Viktor Yanukovych. Mr. Akhmetov’s purchase of the Luminance is a throwback to that world.

Luminance is being built by Lürssen, the German company that also built the Scheherazade, the superyacht that United States officials say is linked to Vladimir V. Putin, Russia’s president. Italian authorities announced earlier this month that they had impounded that yacht. The two vessels also share the same construction manager, Imperial Yachts, a Monaco-based company that counts many Russian oligarchs as customers.

But Luminance is about 15 feet longer than the $700 million Scheherazade. That kind of money is almost enough for Ukraine to buy two new German-built attack submarines and is about the cost of a top-of-the-line Baden-Württemberg-class naval frigate, a warship armed with guns and missiles that Lürssen also helps to build. A spokesman for Lürssen did not comment.

Mr. Akhmetov’s holding corporation, System Capital Management, controls companies in a wide range of industries, including television stations, wind farms, electrical grids, chemical plants and the now famous Azovstal steel plant in Mariupol.

Mr. Mendoza-Wilson said that Mr. Akhmetov had signed the contract to build the yacht in 2018. But the work continued well after the Russian invasion began this February, according to a person who has worked at one of the many companies with contracts to help build the vessel. The employee, who asked for anonymity because he did not want to subject his colleagues to reprisals, said some of Mr. Akhmetov’s relatives had been making trips in Western Europe to go over construction details. Mr. Akhmetov has been in Ukraine during the war.

It is unclear how Mr. Akhmetov could sell a vessel that is still under construction or back out of the contract that he signed. But a person who is working on the Luminance project, speaking anonymously because he signed a nondisclosure agreement, said the best time for him to sell might be when the ship is finished and ready to be delivered, because a potential buyer could take possession of a new yacht without the hassles involved in negotiating contracts and years of waiting while the vessel is being built. One industry estimate said the ship would be done next year.

“The best time to sell a boat is the day before it launches,” the person said.

Gaia Pianigiani contributed reporting.

Michael Forsythe is a reporter on the investigations team. He was previously a correspondent in Hong Kong, covering the intersection of money and politics in China. He has also worked at Bloomberg News and is a United States Navy veteran. More about Michael Forsythe

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