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luxe motor yachts

EUR 124,950,000† (EU VAT paid)

  • Length: 90.1m (295.6ft)
  • Guests: 14 guests in 7 cabins
  • Built: 2010 (refitted 2024)
  • Lurssen-Werft

luxe motor yachts

O'PTASIA

EUR 89,999,000

  • Length: 85m (278.9ft)
  • Guests: 23 guests in 10 cabins
  • Built: 2018
  • Golden Yachts

luxe motor yachts

EUR 79,750,000† (EU VAT paid)

  • Length: 80m (262.5ft)
  • Guests: 18 guests in 9 cabins
  • Built: 2007

luxe motor yachts

PROJECT 825

Price on application

  • Length: 75.8m (248.7ft)
  • Guests: 12 guests in 6 cabins
  • Built: 2025
  • Feadship, Royal Van Lent

luxe motor yachts

EUR 109,000,000 (EU VAT paid)

  • Length: 74m (242.8ft)
  • Guests: 14 guests in 6 cabins
  • Built: 2017

luxe motor yachts

EUR 55,000,000† (EU VAT paid)

  • Length: 70.6m (231.6ft)
  • Built: 2011
  • Proteksan Turquoise

luxe motor yachts

  • Built: 2002 (refitted 2022)
  • Royal Denship

luxe motor yachts

EUR 49,500,000†

  • Length: 65m (213.3ft)
  • Built: 2011 (refurbished 2021)

luxe motor yachts

EUR 35,800,000

  • Length: 64.8m (212.6ft)
  • Built: 2006 (refitted 2017)

luxe motor yachts

MAGNA GRECIA

EUR 15,000,000

  • Length: 63.8m (209.3ft)
  • Built: 1986 (rebuilt 2019, refitted 2019)
  • Elsflether Werft

You've viewed 10 of 54

luxe motor yachts

Burgess has the world's largest and most prestigious fleet of luxury motor superyachts for sale. From high performance yachts to comfortable displacement cruisers, luxurious expedition yachts and more. New to yachting? Discover a holiday like no other with our eminent collection of superyachts for charter.

luxe motor yachts

Price reduction on BG

luxe motor yachts

Sold in house: 71.7m KOGO

luxe motor yachts

The Burgess guide to Palm Beach International Boat Show

luxe motor yachts

Price reduction on BIG EASY

luxe motor yachts

PROJECT 515 is for sale

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Price reduction on RUYA

luxe motor yachts

BOMBADIL III is for sale

luxe motor yachts

Price reduction on MUCHOS MAS

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Charter DEJA TOO

Available this summer in the South Pacific

Abundant water toys for the children and places to relax for the adults; everyone is catered for on board

luxe motor yachts

Charter BARBARA

Available this summer in the West Mediterranean

Outdoor cinema, massage and beauty room plus private master deck, make this summer special

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PERFORMANCE

38' - 55'

SPORT YACHT

55' - 68'

76' - 100'

116' - 131'

DISCOVER MORE

The Sunseeker story began in 1969 when entrepreneurial brothers Robert and John Braithwaite pursued their boat-building passion.

Today, we are the leading brand for luxury performance motor yachts. With seven yacht ranges, we offer the most diverse product portfolio in the world. Each with its own personality, our yachts are engineered with the owner in mind and standing at the helm. The Superyacht, Yacht, Ocean, Manhattan, Predator, Sport Yacht and Performance models all possess a uniqueness with one commonality. Every Sunseeker is the result of an uncompromising approach to design excellence. The pioneering spirit of our founders remains in our DNA with an unrelenting pursuit to surpass expectations.

A NEW ERA OF SUPERYACHT : SUNSEEKER UNVEILS THE LATEST ON THE GROUNDBREAKING 120 YACHT

News & Events

Sunseeker 65 Sport Yacht wins three awards at the Japan International Boat Show 2024

MEET LIAM, A MARINE ENGINEER APPRENTICE AT SUNSEEKER INTERNATIONAL

SUNSEEKER OCEAN 182

When Robert Braithwaite started up the engine of a small, open-cockpit speedboat in 1969, it wasn’t just the Hostess 17 that roared into life. It was a new standard of yacht making.

Expert hands and extraordinary attention to detail. Passed from generation to generation, these are the most valuable skills required to make a Sunseeker.

FIND YOUR SUNSEEKER DISTRIBUTOR

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© 2024 Sunseeker. All Rights Reserved.

View Luxury Yachts For Sale

View our fleet of superyachts for sale. Discover some of the world’s finest luxury yachts in our selection below.

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The Finest Selection Of Luxury Yachts For Sale

The Moran fleet contains some of the world’s best superyachts for sale. From chic vessels like the UTOPIA IV to large mega yachts like the 95m MADSUMMER, we have something to suit every new owner. We pride ourselves on our expert, up-to-the-minute knowledge of the luxury yacht sales market, and with an enviable fleet, you can be assured that our yacht brokerage team will find the perfect yacht for you at the best possible price.

Moran ensures that every stage of the yacht sale is a pleasurable experience; from browsing our luxury motor yachts for sale to completing the final pieces of paperwork and after-sales support, we’ll be right by your side. But don’t just take our word for it. If you want to buy a yacht or are curious to find out more about our fleet, explore our selection of luxury yachts for sale below or get in contact today.

PATTI&ME For Sale

PATTI & ME

FIVE WAVES Yacht For Sale

540 Sport Coupe

Palmer Johnson DEFIANT For Sale

CA’D’ZAN

100 Ocean Alexander SHORT GAME For Sale

BAGLIETTO 48M

Amels 242 Yacht New Construction Project For Sale - Moran Yachts

ACCREWED INTEREST

luxe motor yachts

45M HAKVOORT

Luxury yacht Lurssen Marguertie for charter

78 Lazzara LSX

16-AqvaLuxe

We have helped hundreds of our customers find their dream yachts with a friendly, personal-touch.

8974-AqvaLuxe

AqvaLuxe Yachts specialise in the sales, brokerage and charter of new and pre-loved, luxury motor-yachts. Since 2001 from our home in the Port of Monaco, we have helped hundreds of our customers find their dream yachts with a friendly, personal-touch.

Whether you’re planning a luxury weekend in St. Tropez on the Côte d’Azur, or a whole summer discovering the hidden Mediterranean coastlines from Portofino to Capri, via Porto Cervo, we’ve got you covered; our network of charter yachts across the best sailing spots in Sardinia and the French Riviera are ready for your next voyage.

AqvaLuxe Yachts provide a boutique, customer-focused service, meaning we take time to listen to and understand your needs and then propose yachts that would best fit your lifestyle.

Fortuna SL82 - San Lorenzo

Amir iii - alalunga / c.n. spertini, magnum - magnum marine, d’artagnan - ferretti yachts, seaglass - hatteras yachts, 42 open - viking yachts, our partnership.

AqvaLuxe Yachts is proud to be an authorized sales office for some of the world's finest and most acclaimed boat builders.

8986-Our Partnership

Please fill in the form below to send us a message and we'll be in touch soon. Or you can call us on +377 9770 3136 and we'll be very happy to talk with you

Motor Yacht Clorinda speeding before sunset | Yacht for sale | N&J

Luxury Motor Yachts for Sale

1,719 motor yachts for sale worldwide.

Northrop & Johnson is the best place to start your search for your next motor yacht with one of the largest selections of motor yachts for sale on the market. Whether you are interested in a family cruiser, a go-fast yacht, a fishing yacht or beyond, Northrop & Johnson’s expert brokers will help you find the yacht of your dreams.

Northrop & Johnson provides the most seaworthy and expertly designed, brand new or used motor yachts for sale at your fingertips. Our experienced team of experts can access the global market and pair you with a top-performing yacht. Check out our selection of motor yachts for sale and when it’s time for purchase, contact a Northrop & Johnson broker.

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The Benefits of a Motor Yacht

Motor yachts and sailing yachts are the two main yacht varieties. Engine power sets motor yachts apart, which comes with some advantages.

Here are three benefits of your next motor yacht:

  • Spacious interior. A motor yacht is undoubtedly an ideal choice if space aboard is essential to you. Motor yachts have incredibly spacious interiors. When cruising aboard your motor yacht, you’ll have more guest rooms, larger gathering spaces and more.
  • More stability. Motor yachts provide more stability than their sailing counterparts, thanks to their increased surface area and added power. If a smoother cruising experience is paramount, a motor yacht is in your wheelhouse.
  • Ease of use. Motor yachts are easier to operate than sailing yachts because of their engines. You won’t have to worry about masts, sails, or other technical features that come with the added operations of sailing yachts.

Luxury Motor Yachts For Sale

Is a Motor Yacht Right for You?

Are you wondering if you should choose a motor yacht for your new extraordinary vessel? Since a motor yacht is an ultimate indulgence in grandeur, the answer is a definitive yes. They’re also generally faster, sturdier, and more spacious than other types of yachts.

You’re not constrained by wind direction or strength with a motor yacht. To reach the highest expression of freedom, choose a motor yacht.

Buy a Luxury Motor & Power Boats

Find Your New Motor Yacht

Northrop & Johnson’s team of expert brokers can walk you through the process of buying your new motor yacht. As a leading authority in the yachting industry, Northrop & Johnson is committed to creative and technical innovation. We’re offering extraordinary services so that you enjoy the opulent experience you deserve when searching for a motor yacht for sale.

Proud to be part of the MarineMax family

© 2024 Northrop & Johnson

luxe motor yachts

W h e n   a   l e g e n d   m e e t s   a n   i c o n .  

T h e   n e w   t a r g a   4 0  , t h e   n e w   s q u a d r o n   5 8 :   a   f r e s h   l o o k .   s a m e   b e a t i n g   h e a r t .  , w h e r e   l u x u r y   &   e x h i l a r a t i o n   c o - e x i s t  , t h e   w o r l d   a t   y o u r   f i n g e r t i p s  , a n   e x c i t i n g   n e w   o u t l o o k   o n   l i f e  , t h e   s t r i k i n g   f / / l i n e   3 3  , f i n d   y o u r   p e r f e c t   f a i r l i n e  , f / / l i n e  .

The F//LINE has set the industry alight and hearts racing. Sleek, sporty and with searing performance, this is a modern weekender made for exhilarating, wind-in-the-hair adventure.

Designed in collaboration with celebrated Italian yacht designer, Alberto Mancini, the F//LINE delivers the full package – head-turning lines, an exceptional ride, sharp handling and breath-taking performance.

T a r g a  

Sophisticated styling meets the ultimate in power and performance. A Targa delivers an engaging driving experience alongside svelte exterior lines, generous living spaces and outstanding flexibility on and below deck.

Designed for life on the water, this iconic motor yacht range has been elevated by the designs of Alberto Mancini and our own in-house team, resulting in the perfect marriage of elegant Italian refinement and British craftsmanship.

Open-plan living provides Targa owners with spacious socialising and sunbathing areas and a seamless connection to the water. With deft use of glass above and below decks and versatile layouts, this class-leading range pushes the boundaries of modern sports cruiser design.

Targa has year-round appeal thanks to the standard fit sunroof across the range and the option to have an open or fully enclosed main deck.

P h a n t o m  

The iconic Phantom name is reimagined in Fairline’s first sportsbridge yacht, the stunning Phantom 65.

An exciting blend of flybridge accommodation with sportscruiser handling and style, the Phantom delivers triple-deck living spaces and razor-sharp looks with the on-water dynamics to match.

The Phantom offers motor yacht owners a game changing combination of Targa and Squadron attributes thanks to its beautifully proportioned upper deck and the addition of a glass sunroof above the main saloon.

A masterstroke in modern yacht design, the Phantom offers a huge array of al-fresco dining, entertaining and lounging spaces to soak up the sun alongside captivating, streamlined looks and thrilling performance.

S q u a d r o n  

Uncover a world of new possibilities. With numerous layout options and expansive flybridges, a Squadron is designed for the adventure-seeking family. Renowned for its alluring mix of luxurious accommodation and intelligent design, this iconic marque is light, spacious and open with beautifully integrated practical design features.

With expansive cockpits, luxurious saloons and sumptuous cabins with full-standing headroom, a Squadron affords owners exquisite open-plan living for life on the water. Enjoy sundowners on the sociable flybridge, relax on the foredeck sunpads or catch the morning sun on the submersible bathing platform.

The Squadron design maximises owner’s connection to the water thanks to light-filled interiors, huge windows, and generous deck spaces.

Sophisticated and elegant, a Squadron offers supreme comfort matched with contemporary style.

Find a dealer

Fairline has one of the most extensive dealer networks in the industry with over 50 customer-focused dealerships worldwide. Our knowledgeable partners offer outstanding customer service and experience.

Become part of the Fairline family today.

A pre-owned Fairline is ready to create new memories. Explore our listings of pre-owned Fairlines and find your perfect match. With boats located around the world and a wide selection of models available, your Fairline could be right around the corner. In your hands, the adventure will continue.

O u r   S t o r y  

Fairline has been at the beating heart of boatbuilding for more than half a century and has built a reputation for enduring designs, expert craftsmanship, superior luxury and unrivalled performance. 

From humble beginnings in Oundle, England, Fairline has become an iconic name in yachting worldwide with a range of boats spanning four model lines from 33-68ft (10-21m). 

The spirit of adventure drives everything we do.  With a team who are dedicated to their craft, we continue to bring fresh ideas, push boundaries and produce industry-leading marques, which marry the latest technical innovations with exceptional British craftsmanship, style and refinement.  

Our collaboration with celebrated Italian yacht designer Alberto Mancini combines contemporary style with a long-standing heritage and our award-winning range of designs have become synonymous with outstanding seakeeping, performance and luxury.  

Always remaining true to the Fairline DNA, we produce award-winning models that pair space with sophistication. Fairline’s brand legacy is one of carefree adventure for all who step aboard.

News & Events

27th February 2024

Come and start your career with Fairline

Our Recruitment Open Day is set to take place on 2nd March. We're gearing up to fill positions at our Oundle manufacturing facility, promising exciting opportunities for job seekers in the marine industry.

5th February 2024

Miami line-up announced

Fairline has announced its line-up for Miami International Boat Show (14-18 February 2024) which includes the Squadron 68, Squadron 50, Targa 45 OPEN and the F//LINE 33.

25th January 2024

Squadron 58 wins at the Motorboat of the Year awards

23rd January 2024

Fairline wows Boot Düsseldorf with duo of debuts

Fairline unveiled its Targa 40 in a world debut and its Squadron 58 in a European debut today at Boot Düsseldorf, which runs until 28 January 2024.

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Motoryachts

Reviews of luxury motor yachts by manufacturers like Azimut and more from Yachting Magazine.

Riviera Launches 58 Sports Motor Yacht

The Riviera 58 SMY has three staterooms and Volvo Penta IPS diesels.

Outer Reef Yachts Debuts 670 Azure Sport Yacht

This long-range bluewater cruiser is notable for its stout build, homelike accommodations and an inside-outside layout.

Palatial Powercat

The 20-knot, all-aluminum SilverCat 22M has an open floor plan and cruising accommodations for six.

VisionF Launches Flagship Power Catamaran

The all-aluminum VisionF 82 has 16-knot speed, 1,600-NM range and a bluewater build.

More Motoryachts

Westport Launches Hull No. 9 of the 125

The model has proved popular since the first hull launched in 2016.

Custom Line Unveils Details of the Navetta 38

The 127-foot yacht is under construction now, with delivery planned for 2024.

Van der Valk Is Building a Custom 112

Known as Project 111.11, the yacht is designed by Guido de Groot.

Sirena 48 Debuts in Cannes

The Sirena 48 is the new entry-level model in the Turkish builder’s lineup of yachts.

Adventure Your Way with Midsize Custom Yachts

Long range and high speed, even underwater: Today’s recreational vessels allow for all kinds of choices.

The NFL’s Favorite Boats

While some NFL players may own a midsize motoryacht, it’s the teams’ owners who lay claim to the biggest megayachts around.

A Luxurious Explorer: Riviera’s 78 Motor Yacht

The 29-knot Riviera 78 Motor Yacht offers luxe living on the inside and bluewater cruising on the outside.

3 New Sunseekers at the Fort Lauderdale International Boat Show

Among its show fleet, Sunseeker will have two debuts at the annual Fort Lauderdale boat show.

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luxe motor yachts

Luxury Motor Yachts for Charter

A popular choice for luxury charter vacations around the world, crewed motor yachts can provide you with the ultimate in luxurious surroundings, spacious accommodation and an array of toys, tenders and amenities, all topped off with superb on board service..

Luxury motor yachts are designed to offer unlimited comfort to guests, often encompassing luxurious interiors and fantastic facilities to provide the perfect way to experience the high life at sea. You may want to work your way through the social calendar of world famous events such as the Monaco Grand Prix or find a secluded anchorage in a far corner of the globe. Either way, a luxury motor yacht provides a platform in which you can relax with family and friends, as much at home in the exclusive ports of the French Riviera as the far flung cruising grounds of Tahiti.

View all Luxury Motor Yachts & Superyachts for Charter

Here we offer the global fleet of motor yachts available for charter, allowing you to choose from an extensive selection of superyachts to suit your vacation needs. From sundeck Jacuzzis and fully-equipped health spas to cinemas, submarines and waterslides, there is a vast array of possibilities to cater to your personal tastes and requirements. Browse through the list and use our innovative search tools to find the right style, size and amenities for you and your guests in exotic locations throughout the world.

Your charter broker can help you to choose the right motor yacht catered to your requirements while offering expert advice on itineraries and bookings, and the best times to visit your chosen destination

Need Advice?

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Madsummer yacht charter Lurssen Motor Yacht

95m Lurssen

from $1,724,000 p/week ♦︎

Christina O yacht charter Canadian Vickers Motor Yacht

Christina O

Carinthia VII yacht charter Lurssen Motor Yacht

Carinthia VII

Flying Fox yacht charter Lurssen Motor Yacht

Flying Fox 22 11

136m   Lurssen

from $4,310,000 p/w eek

Kismet yacht charter Lurssen Motor Yacht

Kismet 12 8

122m   Lurssen

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Ahpo yacht charter Lurssen Motor Yacht

115m   Lurssen

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Renaissance yacht charter Freire Shipyard Motor Yacht

Renaissance 36 19

112m   Freire Shipyard

IJE yacht charter Benetti Motor Yacht

108m   Benetti

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Dream yacht charter Olympic Yacht Services Motor Yacht

Dream 36 22

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Christina O yacht charter Canadian Vickers Motor Yacht

Christina O 34 17

99m   Canadian Vickers

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Carinthia VII yacht charter Lurssen Motor Yacht

Carinthia VII 12 8

97m   Lurssen

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Faith yacht charter Feadship Motor Yacht

97m   Feadship

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Madsummer yacht charter Lurssen Motor Yacht

Madsummer 12 10

95m   Lurssen

O'Pari yacht charter Golden Yachts Motor Yacht

O'Pari 12 14

95m   Golden Yachts

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Whisper yacht charter Lurssen Motor Yacht

Whisper 12 7

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Lady S yacht charter Feadship Motor Yacht

Lady S 12 7

93m   Feadship

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Tatoosh yacht charter Nobiskrug Motor Yacht

Tatoosh 12 11

92m   Nobiskrug

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Aquarius yacht charter Feadship Motor Yacht

Aquarius 12 7

92m   Feadship

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Queen Miri yacht charter Neorion Motor Yacht

Queen Miri 36 18

92m   Neorion

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Moonlight II yacht charter Neorion Motor Yacht

Moonlight II 36 18

91m   Neorion

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Lady Lara yacht charter Lurssen Motor Yacht

Lady Lara 12 8

91m   Lurssen

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Nero yacht charter Corsair Yachts Motor Yacht

90m   Corsair Yachts

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Phoenix 2 yacht charter Lurssen Motor Yacht

Phoenix 2 12 7

90m   Lurssen

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Dar yacht charter Oceanco Motor Yacht

90m   Oceanco

Lauren L yacht charter Cassens-Werft Motor Yacht

Lauren L 36 20

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Barbara yacht charter Oceanco Motor Yacht

Barbara 12 7

89m   Oceanco

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Samsara yacht charter Oceanco Motor Yacht

Samsara 12 7

Project X yacht charter Golden Yachts Motor Yacht

Project X 12 9

88m   Golden Yachts

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Man of Steel yacht charter Oceanco Motor Yacht

Man of Steel 12 7

86m   Oceanco

Aquila yacht charter Derecktor Shipyards Motor Yacht

Aquila 12 8

86m   Derecktor Shipyards

from $945,000 p/w eek

B2 yacht charter Abeking & Rasmussen Motor Yacht

86m   Abeking & Rasmussen

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Sunrays yacht charter Oceanco Motor Yacht

Sunrays 12 9

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Gigia yacht charter Lurssen Motor Yacht

85m   Lurssen

Grand Ocean yacht charter Blohm + Voss Motor Yacht

Grand Ocean 12 7

85m   Blohm + Voss

from $703,136 p/w eek

Meridian A yacht charter Lurssen Motor Yacht

Meridian A 12 9

from $1,028,000 p/w eek

O'Ptasia yacht charter Golden Yachts Motor Yacht

O'Ptasia 12 10

85m   Golden Yachts

from $974,000 p/w eek

Solandge yacht charter Lurssen Motor Yacht

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Horizon 2024 Open House to Unveil Four New Yachts

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Billionaires are getting ready for summer with wildly spectacular superyachts

  • Superyachts, the most expensive asset  a billionaire can own, are pushing the boundaries of luxury.
  • The boats, which cost eight or nine figures, are getting larger and include more features than ever.
  • From massage rooms to basketball courts, here's what the world's richest want on board.

Insider Today

For many wealthy boat owners, a private spa is a must-have on board. A sauna is a nice touch. A Jet Ski or two makes days at sea way more fun. And if you don't have someone on board who can whip up a Michelin-star-worthy meal , you might as well stay on land.

In the world of massive yachts , there's no such thing as too much. After all, if someone spends eight or nine figures to design the vessel of their dreams — or at least $500,000 a week to charter one — more is more.

"Yachting. It's not rational; it's emotional," Ralph Dazert, the head of intelligence at SuperYacht Times, told Business Insider at the Palm Beach International Boat Show, where dozens of superyachts — often defined as vessels over 30 meters in length — were on display.

And while there are certain classic features, such as jacuzzis and bars, what superyacht owners want is evolving, insiders at the show said. That might mean more crew members, more space for helicopters, or more water toys, but might also include manicure salons and putting greens.

"The bar of what is the baseline expectation has increased exponentially just over the last four or five years," Anders Kurtén, the CEO of brokerage Fraser Yachts, said. Clients are "spending more time on the boat and really wanting to extend the lifestyle they lead on the shore."

A lot of this can be chalked up to the pandemic. Superyacht purchases and charters spiked as life and luxury travel on land screeched to a halt. While the market has moderated slightly, the number of superyachts on order — 1,166 as of September, according to Boat International's Global Order Book — is still above pre-pandemic norms.

"What the pandemic really showed is that the appetite for being out there at sea, sort of living the marine lifestyle, is still as valid as ever," Kurtén said.

That means there's a lot of money on the water. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. New custom builds from the world's most prestigious shipyards — Lurssen, Feadship, Oceanco , Benetti — can run into the hundreds of millions. Even used superyachts at the Palm Beach show cost as much as $75 million.

And it's not just traditional buyers like retired wealthy couples looking for a place to relax or celebrities looking for a place to party away from the paparazzi. New clients are often younger and have families, so want areas to work and watch movies . They also want pricey water toys, access to fitness equipment, or even pizza ovens for picky eaters.

"This would've never happened in the nineties," said Giovanna Vitelli, the vice president of the Azimut Benetti Group, the world's biggest producer of superyachts. "You would go with your beautiful woman, Champagne — the idea of yachting was much more showing off with your jacuzzi and things like that."

Pure opulence has made room for function.

When Benetti's Nabila set sail in 1980, its 50-person crew, gold-and-diamond-encrusted interiors, and lavish parties captured headlines and even inspired the Queen song "Kashoggi's Ship."(Seven years later, Donald Trump bought Nabila for $30 million , renaming her the Trump Princess.)

"Life on board was considered very formal — big formal dining rooms, boats were high on the water, you would be segregated from the rest of the world," Vitelli said, remembering another client who insisted on a replica of the Sistine Chapel above the dining table.

But the ostentatious, palatial-like interiors that used to be highlighted in yacht brochures have made way for lists of more functional features .

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Rather than esoteric novelties like an extra-large safe for rifles that one builder had to construct per a Russian yacht owner's request , the superyachts on display at the Palm Beach show featured basketball courts, saunas, and ice baths.

Owners want elevators and luxury gyms. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Some bathrooms have fancy Toto toilets, which can cost around $20,000.

Sterns (that's the back of the boat) used to be built high to guard guests' privacy. Now, they're built as "beach clubs" — an open swim platform.

And what good is a massage room if no one on board can give one? Many superyachts can hold twice as many crew members as guests, if not more. One broker, representing a boat that didn't have a masseuse, said it could be quite a "tricky" issue because if a charter wants one, they have to find someone who can massage guests and "pull their weight with the crew."

"It's not uncommon to look for a deckhand who can also mix a martini, play an instrument, maybe entertain the guests with singing, and ideally even give a massage," Kurtén said.

Of course, a crew comes at a cost . Most are considered full-time employees, requiring salaries and benefits like health insurance. Captains, first mates, and chief engineers often make six figures a year. That's without tips; a charter guest will typically spend six figures on gratuities for the crew who worked during a weeklong vacation.

For the superrich, there must be room for toys.

It's not just the onboard amenities that count. What's known as "toys" in the industry — water slides, eFoils, Jet Skis, and underwater scuba diving jets — are popular, and costs range from merely hundreds of dollars (banana boats) to millions ( submersibles , which are still popular despite the recent tragedy).

" Tenders and toys, the sky seems to be the limit," Kurtén said. "More is more."

Of course, if you can't fit all those toys in the yacht's storage space, you can just use another boat. Jeff Bezos' support yacht is a superyacht in itself, measuring 75 meters and costing tens of millions of dollars. (His main yacht, Koru , cost a reported $500 million.)

Support yachts are also faster, meaning the crew can get to a destination first and set up the Jet Skis, seapools, and the like, Dazert said. "By the time the owner arrives on the main yacht, everything's set up, and he can go and have fun."

Even tenders, the smaller vessel that brings guests from the ship to the shore, are getting glow-ups. The Nero, a 90-meter beauty available to charter for about $500,000 a week and modeled after J.P. Morgan's 1930s ship, has custom-built tenders to match the design. The most expensive ones often cost seven figures. Nero has three.

"It used to be a tender was a tender," Jeffrey Beneville, who handles yacht insurance at NFP, told BI. "Now they're called limousine tenders. Think of an incredibly luxurious gondola that's got a hard top so nobody's hair gets mussed when they're being dropped off at the Monaco Yacht Club ."

One thing that clearly hasn't changed in superyachting: showing off. If the boat next door at the marina has an indoor-outdoor cinema, it's natural to want one too. Ditto a wine cellar or helipad.

"It's a bit of a celebration of your success in life, of wealth," Vitelli, whose employer is behind the Lana yacht Bill Gates chartered for a birthday party three years ago, said. "You push it a little more."

And that's a boon for yacht makers and brokers catering to the superrich.

"Our job is to make clients' dreams come true," Kurtén said.

Watch: Inside the world's biggest cruise ship that just set sail

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Despite wars and sanctions, superyacht market continues recent growth.

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The Phi has been detained in Canary Wharf since March 2022.

A superyacht is a status symbol and the ultimate pleasure boat. What ordinary people envisage doing on cruise ships, the super-rich do on their mega-yachts. Space and change of scenery have appealed to humans from time immemorial. However, with luxury yacht ownership requiring vast sums of disposable income, one would think that factors putting the global economy under pressure, such as inflation, Houthi terrorists and Somali pirates attacking ships in the Red Sea, sanctions following the Russian invasion of Ukraine, and before that, the COVID-19 pandemic, would slow down the demand for superyachts. Instead, despite severe disruptions, mainly because of the post-Ukraine 2022 Russian invasion sanctions, with billions sloshing around in the global economy, demand for these vessels has reached a high point, driven by changes in the tastes of the ultra-rich, innovative new uses for superyachts, and the number of buyers able to splurge on such craft.

Expensive Mega-Toys The unique uses of a superyacht are driven by the size and crew demands that separate it from a regular yacht. A superyacht is considered to be a pleasure vessel larger than 24m (80ft) with a full-time captain and crew. This is a costly outlay. There are added costs for not including maintenance, fuel, and expensive power plant, navigation, and communications gear.

The desire for seclusion and social distancing exhibited by the rich since the 2020 pandemic lends itself perfectly to these large, customizable ships that can be taken out to sea. A fully crewed ship is also needed to keep up with for new trend in exploration and environmental sailing, with boat owners venturing outside of the Mediterranean and Caribbean to experience more varied habitats. Other luxury sectors are taking note of these trends driving demand for superyachts, with hotel chains like The Four Seasons and The Ritz-Carlton aiming to offer bespoke superyacht experiences by 2025. By introducing this option, hotel chains are responding to the increased market demand for exploration while creating an experience that is more exclusive and private than a luxury cruise.

Demand has also been driven by an expanding number of prospective superyacht buyers as the number of ultra-high-net-worth individuals continues to increase globally. The growth is primarily driven by American buyers, with significant potential in regions like China and Southeast Asia, where ultra-rich buyers with disposable income are growing at a faster pace than they are in the West. This increase in wealthy customers in Southeast Asia, combined with miles of islands and coastlines, creates the conditions for a robust scene for superyachts in the area. The emergence of a new customer base wealthy enough to purchase super- and mega-yachts has made the industry resilient in the face of government sanctions against one of the industry’s largest consumer bases: Russian oligarchs.

The megayacht Nord, believed to belong to sanctioned Russian oligarch Alexey Mordashov, is seen in ... [+] Hong Kong on Friday, Oct. 7.

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Target: Russia Beginning in the early 2000s, Russian billionaires developed a taste for luxury superyachts, with some like Roman Abramovich (who is reported to own 16 vessels , including the Aquamarine, Eclipse, Garcon, Halo, Pelorus, Solaris and Sussurroo), Alexei Mordashov ( Lady M and Nord ) and Eduard Khudainatov ( Scheherazade , Amadea , Crescent ) placing orders for multiple vessels. According to Superyacht News, an industry publication, Russians account for a significant piece of the world's superyacht market. Their estimated share represents about 10% of superyachts exceeding 40 meters in length. The percentage of Russian ownership rises even further for mega-yachts exceeding 80 meters, where Russians hold the number two spot globally, owning 20% of these vessels. Research by Boat International estimates the contribution of Russian buyers to the global superyacht order book (valued between €35 and €40 billion) to be €3.9 billion.

The popularity of superyachts among Russia’s wealthy has caused them to become a focus of the sanctions imposed on Russia following its invasion of Ukraine in February 2022. Alongside traditional targets, including Russian financial holdings, banks, and energy, the assets of oligarchs are actively being seized and frozen by Western powers when possible through initiatives like the Russian Elites, Proxies, and Oligarchs (REPO) task force launched by the G7 and the U.S. Treasury’s Kleptocracy Asset Recovery Rewards (KARR) program.

The seizure of superyachts as assets will likely continue through the end of the invasion of Ukraine and possibly beyond. Recently, there have been increasing calls to sell or transfer these assets, allowing Ukraine to use or sell them to compensate for the damages caused by the war.

Eclipse | 162.5m Built in 2010 , Germany

Europe Suffers Even though the superyacht industry has a sizeable consumer base in Russia, the companies building and managing these yachts are primarily based in Western Europe. Many of these boats are built by shipbuilders such as Lürssen in Germany and Heesen Yachts and Oceanco in the Netherlands. This has led one of the shipyards, Damen, to sue the Dutch government over damages it claims it suffered from the EU sanctions. Additionally, companies like Burgess in the UK, Imperial Yachts and Edmiston in Monaco, and Moran Yacht & Ship in the US, in charge of servicing, managing, and brokering superyachts, are also concentrated in the West.

While Western shipyards and management companies may lose revenue because of sanctions and asset seizure of the Russian oligarchs, keeping the yachts frozen generates additional costs for the countries where they are being held. Some Western countries devised a solution to ease the burden on taxpayers, granting owners and their representatives special licenses to pay for the frozen vessels. Notably, France and Spain have allowed the billionaire owners of at least four mega-yachts to pay for their upkeep. In the UK, the Office of Financial Sanctions Implementation (OFSI) has allowed the management company Burgess to pay for pre-sanction crew salaries of a yacht frozen in the UK.

Though the media associated superyachts with Russian oligarchs, this archetypal image of a superyacht owner may soon grow obsolete if the sanctions regime remains or even strengthens, causing multi-million dollar losses to the industry. Instead, growth in the sector is driven by a new class of rich being created in places like the United States and the Pacific Rim, seeking luxury lifestyles that can be provided by a superyacht. The superyacht industry will capitalize on the unprecedented wave of demand to increase its resilience in the stormy global security and economic environment.

Quin Buckley & Henry Tsai contributed to the production of this article.

Ariel Cohen

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Palm Beach International Boat Show: Annual event drew thousands to West Palm waterfront

The 2024 palm beach international boat show brought thousands of people to the west palm beach waterfront..

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WEST PALM BEACH — Thousands of people visited the West Palm Beach waterfront last week to take in the 2024 Palm Beach International Boat Show .

The four-day event showcased more than 800 yachts and boats as well as marine accessories. The crafts lined the docks along the city waterfront as many as 15 deep. Many of the yachts were built with an eye toward luxury, some of them standing four stories tall.

The biggest, the Casino Royale, measured 236 feet and 38 feet wide. The most expensive, Come Together, was 196 feet long and retailed for $59.95 million.

The event, which marked its 42nd year, began Thursday and prevailed through wet and windy weather Friday and Saturday before closing Sunday afternoon.

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New Lexus LY 680 Is A Super-Luxe Yacht With Up To 2,700 HP

The new luxury yacht from Lexus that's powered by twin Volvo engines has more space for relaxation and activities in the extended outdoor areas

 New Lexus LY 680 Is A Super-Luxe Yacht With Up To 2,700 HP

by Thanos Pappas

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Ah, luxury yachts —constantly vying for attention like competitive siblings at a family reunion. Enter Lexus with their latest creation: the LY 680 yacht. It’s like the LY 650’s cooler, more sophisticated sibling who just got back from a gap year in the Mediterranean and now boasts an expanded flybridge and swimming platform.

The design of the LY 680 closely mirrors that of the LY 650, which is far from a drawback considering the latter’s reputation as one of the most aesthetically pleasing products in the Lexus lineup . The flybridge has been extended by a substantial 1,400 mm (55 inches), providing ample space for relaxation and activities, including a spacious lounge sofa and a barbecue grill.

Additionally, the swimming platform at the rear has been elongated by 700 mm (27.6 inches), allowing for easier watercraft parking and more room for ocean plunges.

More: Bentley Can Now Furnish Your Yacht To Match Your Car’s Interior

After the redesign, the yacht’s length now stretches to 20.66 m (67 ft 9.4 inches), compared to its predecessor’s 19.94 m (65 ft 5 inches) footprint. The LY 680 is powered by twin Volvo Penta IPS engines, available in a choice of two outputs: 1,050 hp or 1,350 hp for each unit, or up to 2,700 hp combined. Lexus boasts that the LY 680 delivers ‘stable maneuverability, excellent ride comfort, and quietness,’ all par for the course for vessels of this size.

The spacious and luxurious interior remains unchanged, featuring a kitchen and comfortable seating area on the main level. We can also see the master bedroom and another living room underneath. In total, there are three rooms and up to six beds available. According to Lexus, the luxury yacht should feel like a “hideout in the middle of the sea, providing a space where discerning customers can feel free and at ease”.

The Lexus LY680 is exclusively available for order in Japan through the Toyota Marine sales offices and select dealers. Production will be handled by superyacht manufacturer Horizon Group in Asia, with the first deliveries anticipated in the spring of 2026. While Lexus has not disclosed pricing details, it’s anticipated to be in line with the previous model, which was listed at around $3.5 million before taxes and options

Interested parties can explore a 1/20 scale model of the LY 680 at the Japan International Boat Show in Yokohama. Depending on customer demand, Lexus may contemplate broadening the yacht’s availability to international markets.

 New Lexus LY 680 Is A Super-Luxe Yacht With Up To 2,700 HP

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Cruising the Moskva River: A short guide to boat trips in Russia’s capital

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There’s hardly a better way to absorb Moscow’s atmosphere than on a ship sailing up and down the Moskva River. While complicated ticketing, loud music and chilling winds might dampen the anticipated fun, this checklist will help you to enjoy the scenic views and not fall into common tourist traps.

How to find the right boat?

There are plenty of boats and selecting the right one might be challenging. The size of the boat should be your main criteria.

Plenty of small boats cruise the Moskva River, and the most vivid one is this yellow Lay’s-branded boat. Everyone who has ever visited Moscow probably has seen it.

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This option might leave a passenger disembarking partially deaf as the merciless Russian pop music blasts onboard. A free spirit, however, will find partying on such a vessel to be an unforgettable and authentic experience that’s almost a metaphor for life in modern Russia: too loud, and sometimes too welcoming. Tickets start at $13 (800 rubles) per person.

Bigger boats offer smoother sailing and tend to attract foreign visitors because of their distinct Soviet aura. Indeed, many of the older vessels must have seen better days. They are still afloat, however, and getting aboard is a unique ‘cultural’ experience. Sometimes the crew might offer lunch or dinner to passengers, but this option must be purchased with the ticket. Here is one such  option  offering dinner for $24 (1,490 rubles).

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If you want to travel in style, consider Flotilla Radisson. These large, modern vessels are quite posh, with a cozy restaurant and an attentive crew at your service. Even though the selection of wines and food is modest, these vessels are still much better than other boats.

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Surprisingly, the luxurious boats are priced rather modestly, and a single ticket goes for $17-$32 (1,100-2,000 rubles); also expect a reasonable restaurant bill on top.

How to buy tickets?

Women holding photos of ships promise huge discounts to “the young and beautiful,” and give personal invitations for river tours. They sound and look nice, but there’s a small catch: their ticket prices are usually more than those purchased online.

“We bought tickets from street hawkers for 900 rubles each, only to later discover that the other passengers bought their tickets twice as cheap!”  wrote  (in Russian) a disappointed Rostislav on a travel company website.

Nevertheless, buying from street hawkers has one considerable advantage: they personally escort you to the vessel so that you don’t waste time looking for the boat on your own.

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Prices start at $13 (800 rubles) for one ride, and for an additional $6.5 (400 rubles) you can purchase an unlimited number of tours on the same boat on any given day.

Flotilla Radisson has official ticket offices at Gorky Park and Hotel Ukraine, but they’re often sold out.

Buying online is an option that might save some cash. Websites such as  this   offer considerable discounts for tickets sold online. On a busy Friday night an online purchase might be the only chance to get a ticket on a Flotilla Radisson boat.

This  website  (in Russian) offers multiple options for short river cruises in and around the city center, including offbeat options such as ‘disco cruises’ and ‘children cruises.’ This other  website  sells tickets online, but doesn’t have an English version. The interface is intuitive, however.

Buying tickets online has its bad points, however. The most common is confusing which pier you should go to and missing your river tour.

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“I once bought tickets online to save with the discount that the website offered,” said Igor Shvarkin from Moscow. “The pier was initially marked as ‘Park Kultury,’ but when I arrived it wasn’t easy to find my boat because there were too many there. My guests had to walk a considerable distance before I finally found the vessel that accepted my tickets purchased online,” said the man.

There are two main boarding piers in the city center:  Hotel Ukraine  and  Park Kultury . Always take note of your particular berth when buying tickets online.

Where to sit onboard?

Even on a warm day, the headwind might be chilly for passengers on deck. Make sure you have warm clothes, or that the crew has blankets ready upon request.

The glass-encased hold makes the tour much more comfortable, but not at the expense of having an enjoyable experience.

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Getting off the boat requires preparation as well. Ideally, you should be able to disembark on any pier along the way. In reality, passengers never know where the boat’s captain will make the next stop. Street hawkers often tell passengers in advance where they’ll be able to disembark. If you buy tickets online then you’ll have to research it yourself.

There’s a chance that the captain won’t make any stops at all and will take you back to where the tour began, which is the case with Flotilla Radisson. The safest option is to automatically expect that you’ll return to the pier where you started.

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  • This 92-Foot Yacht Has a Deck Big Enough for Your Chopper

The Aluna 92 sports a touch-and-go helipad on the aft deck.

Rachel cormack.

Digital Editor

Rachel Cormack's Most Recent Stories

This new 131-foot all-aluminum superyacht lets you take a dip at tip and tail.

  • This New 131-Foot Catamaran Comes With See-Through Hulls
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FDC Yachts Aluna 92

FDC Yachts is ready to prove that good things come in four not three.

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FDC Yachts Aluna 92

“We are thrilled to collaborate once again with Red Yacht Design on the creation of the Aluna 92,” FDC Yachts director Eyup Ozbelen said in a statement. “Together, we aim to deliver a yacht that not only exceeds expectations but also redefines the very essence of luxury on the water.”

FDC says the Aluna 92 will be the first yacht in its class capable of accommodating helicopters. The vessel features a large touch-and-go helipad on the aft deck that can welcome large choppers capable of carrying up to four passengers, meaning that it can facilitate far more elevated comings and goings than its competitors. The aft deck is also equipped with a large lounge and an alfresco dining area for open-air soirees.

Other exterior highlights include a sprawling sundeck adorned with sunbeds and an expandable beach club with direct ocean access. FDC has also opted to include see-through bulwarks on some exterior decks to provide seafarers with panoramic ocean views.

The interior is equally as spacious and luxurious. The generous cabins can sleep up to eight guests, with the lavish full-beam owner’s suite transforming into separate cabins if additional accommodations are required. Such flexibility renders the Aluna 92 suitable for charter.

“We are confident that the Aluna 92 will exceed the expectations of even the most discerning yachtsmen,” added managing partner of Red Yacht Design Faith Surekli.

FDC says construction on the first Aluna 92 is scheduled to commence by the end of this summer.

FDC Yachts Aluna 92

Rachel Cormack is a digital editor at Robb Report. She cut her teeth writing for HuffPost, Concrete Playground, and several other online publications in Australia, before moving to New York at the…

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Six presumed dead after cargo ship crash levels Baltimore bridge

BALTIMORE — A major Baltimore bridge collapsed like a house of cards early Tuesday after it was struck by a container ship, sending six people to their deaths in the dark waters below, and closing one of the country’s busiest ports.

By nightfall, the desperate search for six people who were working on the bridge and vanished when it fell apart had become a grim search for bodies.

“We do not believe that we’re going to find any of these individuals still alive,” Coast Guard Rear Admiral Shannon N. Gilreath said.

Jeffrey Pritzker, executive vice president of Brawner Builders, said earlier that one of his workers had survived. He did not release their names.

Up until then, Maryland Gov. Wes Moore had held out hope that the missing people might be found even as law enforcement warned that the frigid water and the fact that there had been no sign of them since 1:30 a.m. when the ship struck Francis Scott Key Bridge.

Moore expressed heartbreak after officials suspended the search for survivors.

"Our heart goes out to the families," he said. "I can’t imagine how painful today has been for these families, how painful these hours have been have been for these families."

It was a crushing blow to the loved ones of the missing men, who had waited for hours at a Royal Farms convenience store near the entrance of the bridge for word of their fate. 

Follow live updates on the Baltimore bridge collapse

The tragic chain of events began early Tuesday when the cargo ship Dali notified authorities that it had lost power and issued a mayday moments before the 984-foot vessel slammed into a bridge support at a speed of 8 knots, which is about 9 mph.

Moore declared a state of emergency while rescue crews using sonar detected at least five vehicles in the frigid 50-foot-deep water: three passenger cars, a cement truck and another vehicle of some kind. Authorities do not believe anyone was inside the vehicles.

Investigators quickly concluded that it was an accident and not an act of terrorism.

Ship was involved in another collision

Earlier, two people were rescued from the water, Baltimore Fire Chief James Wallace said. One was in good condition and refused treatment, he said. The other was seriously injured and was being treated in a trauma center.

Moore said other drivers might have been in the water had it not been for those who, upon hearing the mayday, blocked off the bridge and kept other vehicles from crossing.

“These people are heroes,” Moore said. “They saved lives.”

Nearly eight years ago, the Dali was involved in an accident. In July 2016, it struck a quay at the Port of Antwerp-Bruges in Belgium, damaging the quay.

The nautical commission investigated the accident, but the details of the inquiry were not immediately clear Tuesday.

The Dali is operated and managed by Synergy Group. In a statement, the company said that two port pilots were at the helm during Tuesday's crash and that all 22 crew members onboard were accounted for.

The Dali was chartered by the Danish shipping giant Maersk, which said it would have no choice but to send its ships to other nearby ports with the Port of Baltimore closed.

The bridge, which is about a mile and a half long and carries Interstate 695 over the Patapsco River southeast of Baltimore, was "fully up to code," Moore said.

National Transportation Safety Board Chairwoman Jennifer Homendy said that her agency will lead the investigation and that a data recorder on the ship could provide more information.

"But right now we're focusing on the people, on the families," she said. "The rest can wait."

President Joe Biden vowed to rebuild the bridge and send federal funds.

"This is going to take some time," the president warned. "The people of Baltimore can count on us though to stick with them, at every step of the way, till the port is reopened and the bridge is rebuilt."

Speaking in Baltimore, Transportation Secretary Pete Buttigieg echoed the president's promise.

"This is no ordinary bridge," he said. "This is one of the cathedrals of American infrastructure."

But Buttigieg warned that replacing the bridge and reopening the port will take time and money and that it could affect supply chains.

The Port of Baltimore, the 11th largest in the U.S., is the busiest port for car imports and exports, handling more than 750,000 vehicles in 2023 alone, according to data from the Maryland Port Administration.

Image: Baltimore's Francis Scott Key Bridge Collapses After Being Struck By Cargo Ship

Writer David Simon, a champion of Baltimore who set his TV crime drama "The Wire" on the streets of the city he once covered as a reporter, warned online that the people who will suffer the most are those whose livelihoods depend on the port.

"Thinking first of the people on the bridge," Simon posted on X . "But the mind wanders to a port city strangling. All the people who rely on ships in and out."

Timeline of crash

Dramatic video captured the moment at 1:28 a.m. Tuesday when the Dali struck a support and sent the bridge tumbling into the water. A livestream showed cars and trucks on the bridge just before the strike. The ship did not sink, and its lights remained on.

Investigators said in a timeline that the Dali's lights suddenly shut off four minutes earlier before they came back on and that then, at 1:25 a.m. dark black smoke began billowing from the ship's chimney.

A minute later, at 1:26 a.m., the ship appeared to turn. And in the minutes before it slammed into the support, the lights flickered again.

Maryland Transportation Secretary Paul Wiedefeld said the workers on the bridge were repairing concrete ducts when the ship crashed into the structure.

At least seven workers were pouring concrete to fix potholes on the roadway on the bridge directly above where the ship hit, said James Krutzfeldt, a foreman.

Earlier, the Coast Guard said it had received a report that a “motor vessel made impact with the bridge” and confirmed it was the Dali, a containership sailing under a Singaporean flag that was heading for Sri Lanka.

Baltimore's Francis Scott Key Bridge Collapses After Being Struck By Cargo Ship

Bobby Haines, who lives in Dundalk in Baltimore County, said he felt the impact of the bridge collapse from his house nearby.

"I woke up at 1:30 this morning and my house shook, and I was freaking out," he said. "I thought it was an earthquake, and to find out it was a bridge is really, really scary."

Families of bridge workers wait for updates

Earlier in the day, relatives of the construction crew waited for updates on their loved ones.

Marian Del Carmen Castellon told Telemundo her husband, Miguel Luna, 49, was working on the bridge.

“They only tell us that we have to wait and that they can’t give us information,” she said.

Castellon said she was "devastated, devastated because our heart is broken, because we don’t know how they have been rescued yet. We are just waiting for the news."

Luna's co-worker Jesús Campos said he felt crushed, too.

“It hurts my heart to see what is happening. We are human beings, and they are my folks,” he said.

Campos told The Baltimore Banner that the missing men are from El Salvador, Guatemala, Honduras and Mexico.

Active search and rescue ends

The Coast Guard said it was suspending the active search-and-rescue effort at 7:30 p.m. Tuesday.

"Coast Guard’s not going away, none of our partners are going away, but we’re just going to transition into a different phase," Gilreath said at a news conference.

Maryland State Police Superintendent Roland L. Butler, Jr., said it was moving to a recovery operation. Changing conditions have made it dangerous for divers, he said. 

Butler pledged to "do our very best to recover those six missing people," but the conditions are difficult.

"If we look at how challenging it is at a simple motor vehicle crash to extract an individual, I'm sure we can all imagine how much harder it is to do it in inclement weather, when it's cold, under the water, with very limited to no visibility," he said.

"There's a tremendous amount of debris in the water," which can include sharp metal and other hazards, and that could take time, Butler said.

'A long road in front of us'

Built in 1977 and referred to locally as the Key Bridge, the structure was later named after the author of the American national anthem.

The bridge is more than 8,500 feet long, or 1.6 miles. Its main section spans 1,200 feet, and it was one of the longest continuous truss bridges in the world upon its completion, according to the National Steel Bridge Alliance .

About 31,000 vehicles a day use the bridge, which equals 11.3 million vehicles per year, according to the Maryland Transportation Authority.

The river and the Port of Baltimore are both key to the shipping industry on the East Coast, generating more than $3.3 billion a year and directly employing more than 15,000 people.

Asked what people in Baltimore can expect going forward, the state's transportation secretary said it is too early to tell.

"Obviously we reached out to a number of engineering companies, so obviously we have a long road in front of us," Wiedefeld said.

Julia Jester reported from Baltimore, Patrick Smith from London, Corky Siemaszko from New York and Phil Helsel from Los Angeles.

Julia Jester is a producer for NBC News based in Washington, D.C.

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Patrick Smith is a London-based editor and reporter for NBC News Digital.

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Phil Helsel is a reporter for NBC News.

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Corky Siemaszko is a senior reporter for NBC News Digital.

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