22 September 2015

That's what you call an upgrade! Russian billionaire unveils his £260m superyacht which is 300ft high, has eight floors and an underwater observation room - replacing his measly £190m boat


  • At 468ft in length, with ship masts nearing 300ft high, 'Sailing Yacht A' is the world's biggest sailing ship
  • The yacht has been built for Russian billionaire Andrey Igorevich Melnichenko out of a German shipyard
  • Cruise speed is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
  • Superyacht expert tells MailOnline that it will be 'very significant ship' once the interior work is completed
  • Mr Melnichenko, whose net worth is estimated at £6billion ($9billion), founded the fertilizer producer EuroChem 
And that's exactly what one Russian billionaire has done as he has upgraded his £190million superyacht for a new model - at a cost of £260million. 
Andrey Igorevich Melnichenko's 'Sailing Yacht A,' which Mr Melnichenko is thought to have named 'A' to ensure it is listed first in shipping registers, is taking its first sea trials in Kiel, northern Germany.
The behemoth is the world's largest sailing superyacht as the Russian industrialist takes his quest to ruling the seas one step further.
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At 468ft long and with three huge masts, the yacht has a price tag of £260million but the simplest of names - A 
At 468ft long and with three huge masts, the yacht has a price tag of £260million but the simplest of names - A 
The luxury yacht, that was built at a shipbuilding yard near Hamburg, Germany, has masts that are 300ft high and is the largest sailing boat in the world
The luxury yacht, that was built at a shipbuilding yard near Hamburg, Germany, has masts that are 300ft high and is the largest sailing boat in the world
The sailing ship is owned by Russian billionaire Andrey Igorevich Melnichenko, who is believed to have paid £260m for the vessel
The sailing ship is owned by Russian billionaire Andrey Igorevich Melnichenko, who is believed to have paid £260m for the vessel
Cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
Cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck
The epic vessel boasts a staggering eight decks and its keel incorporates one of the largest single pieces of curved glass ever made at 193 square feet and weighs a whopping 1.8 tons
The epic vessel boasts a staggering eight decks and its keel incorporates one of the largest single pieces of curved glass ever made at 193 square feet and weighs a whopping 1.8 tons
The vessel is an upgrade to the Russian billionaire's current multi-million pound 'Motor Yacht A,' that set him back £190million. 
At 468ft in length, with ship masts nearing 300ft high, the 'mega-yacht,' has eight floors and includes an underwater observation room.
Superyachtfan.com reports that the boat is powered by a 'hybrid diesel-electric package with controllable pitch propellers,' and is designed to accommodate 20 guests and a crew of 54.
The yacht was designed by Frenchman Philippe Starck and built by German Naval Yards, Nobiskrug.
Mr Melnichenko is expected to recover some of the costs by licensing the technology developed for the vessel for commercial applications.
Mr Melnichenko pictured with wife Aleksandra
Mr Melnichenko pictured with wife Aleksandra
Mr Melnichenko (pictured with wife Aleksandra), whose net worth is estimated at £6billion ($9billion), founded the fertilizer producer EuroChem, the coal producer Suek, the power generator SGK, and the pipe exporter TMK
Motor Yacht A was Andrey Melnichenko's first purchase, and now he has moved into the sailing side of the industry
Motor Yacht A was Andrey Melnichenko's first purchase, and now he has moved into the sailing side of the industry
Motor Yacht A was a behemoth of the seas in its own right, now Mr Melnichenko has another toy for his collection
Motor Yacht A was a behemoth of the seas in its own right, now Mr Melnichenko has another toy for his collection
The epic vessel boasts a staggering eight decks and its keel incorporates one of the largest single pieces of curved glass ever made at 193 square feet and weighs a whopping 1.8 tons.
It dwarfs other famous super-yachts like The Maltese Falcon, which is 298ft and weighs 1,367 tons. 
Cruise speed of the ship is 18mph, with a top speed of 24mph. The hull is made of steel, with a teak-finish deck. 
This has been used to create a stunning observation pod on the bottom of the vessel so Mr Melnichenko and Serbian model wife Aleksandra, can enjoy stunning views of the sea.  
The yacht will have a high-tech digital control system operated using a touch sensitive sheet of black glass in the bridge.
This will allow the crew to raise and lower the sails and even drop the anchor with a brush of their fingers. 
The boat owner billionaire Andrey Igorevich Melnichenko, pictured with his wife Aleksandra
The boat owner billionaire Andrey Igorevich Melnichenko, pictured with his wife Aleksandra
The 43-year-old was born in Belarus and is married to a former Serbian model. He was named as the 97th wealthiest person on the planet by Forbes, and the ninth richest in Russia. 
Mr Melnichenko, whose net worth is estimated at £6billion ($9billion), founded the fertilizer producer EuroChem, the coal producer Suek, the power generator SGK, and the pipe exporter TMK.
Speaking about the project earlier, a spokesman for Mr Melnichenko said it 'pushed the boundaries.'
'This project was a considerable financial risk for him as he had to fund massive R&D to see if he could achieve his vision,' they said.
'But he is a man to always push the boundaries and to challenge the industries he works with to think out of the box so he can achieve something new and exciting as well as beautiful.
'Sailing Yacht A is a monument to invention.'
Benjamin Maltby of MatrixLloyd, the global authority on superyachts', told MailOnline Travel that while the yacht may be ready to sail, the interior design work will be ongoing.
'While she's been launched, the interior will take many more months to complete,' the company said.
'It's where the cash really gets splashed. Interiors typically cost at least £10,000 per square metre – and often much more. 
'Make no mistake - this will be a very significant ship. While precise details of the sailing rig have yet to be released, not since the days of the mighty clipper sailing ships, such as the Cutty Sark, has such a large sailing vessel been built. 
Crowds gathered in northern Germany to catch a glimpse of the mega-yacht as it set on its maiden sail
Crowds gathered in northern Germany to catch a glimpse of the mega-yacht as it set on its maiden sail
The masts were prudced by Magma Structures based in Portsmouth, and were shipped out to the German port
The masts were prudced by Magma Structures based in Portsmouth, and were shipped out to the German port
An artist's impression gave the idea that the sailing yacht would dwarf other yachts - and so it has been proved
An artist's impression gave the idea that the sailing yacht would dwarf other yachts - and so it has been proved

TALE OF THE TAPE 

Top Speed: 24mph (20.8 knots)
Cruise Speed: 18mph (15.6 knots)
Length: 468ft 
Size of sailing masts: 300ft
Cost: £260m
Crew: 54 
'This new superyacht will be nearly twice the length and over twice the width of the Cutty Sark. She will instantly become an inspiration to cargo ship owners, and a floating demonstration that sails - combined with the latest materials and technology - mean that dirty diesel engines are no longer needed as the primary means of propulsion. 
'The green lobby should be celebrating - as cargo ships are significant CO2 contributors.
'The masts were built by Magma Structures in Portsmouth - just a stone's throw from another well known sailing vessel, HMS Victory, which is less than half the length of this new superyacht.' 
Sarah Johnson from Magma Structures told MailOnline Travel: 'We are really proud of the team who build these masts, that are the largest free-standing rigs in the world.
'We are the only company who can produce structures like this of this size, it's great for Britain to be involved.'  
Boat International reports that the previous argest sailing yacht on the water is 96.35 metre Sea Cloud, a classic beauty launched in 1931, followed by the modern falcon-rigged iconic yacht Maltese Falcon at 88 metres LOA. 
Sailing Yacht A will handily surpass both of these.

HOW MUCH DOES IT COST TO KEEP A SUPERYACHT ON THE WATER?

From Russian oligarchs to Middle Eastern royalty to Hollywood producers, it takes a certain type of person to own a superyacht - crucially, they must be super rich.
Andrey Milnichenko has invested $451 million into his new vessel Sailing Yacht A.
However, the initial cost is only part of owning such a luxurious vessel.
For wealthy owners like Roman Abramovich and UAE president Khalifa Al Nahyan, owners of two of the costliest private vessels in the world, the costs associated with keeping such big boats on the water are staggering.
The original plans for Sailing Yacht A have become a reality for the wealthy Russian businessman
The original plans for Sailing Yacht A have become a reality for the wealthy Russian businessman
Insurance company Towergate estimates that 10 per cent of the initial value of a superyacht goes on operating costs.
For Chelsea Football Club owner Abramovich's Eclipse, a 162.5m vessel with a missile defence system that cost the billionaire an astronomical $500milion (£332), that means $50m (£33m) a year.
The standard fuel usage for a 71m yacht is 500 litres an hour, meaning an average of $400,000 (£265,000) is spent on petrol every year per vessel.
The Value Added Tax (VAT) works out at 15-25 per cent of the vessel's value while docking costs are an average $350,000 (£232,000) and $240,000 (£159,000) the standard for insurance sees the costs soar.
Add to that the expected $1million (£664,000) per year for maintenance and repairs and the wages for an average $1.4m (£930,000) for an on-board crew - which can range from less than 20 to 154 staff on the Sultan of Oman's mysterious Al Said superyacht - and it's a significant outlay.

Helipads, hot tubs and en-suite staterooms: Inside the most expensive superyachts for sale at the Monaco Yacht Show where asking prices reach £51MILLION

Walk-in wardrobes, opulent en-suite staterooms, outdoor hot tubs, helipads - and even lifts that transport guests between decks.
These are some of the eye-catching luxury facilities on board the superyachts that will be on display at the Monaco Yacht Show. More than 120 of the priciest private vessels in the world will be on show over four days at historic Port Hercule, starting on September 23.
The 25th edition of the event in glamorous Monaco brings together manufacturers, owners, buyers and enthusiasts at what is considered the most prestigious pleasure boat show in the world.
With more than 33,000 people expected to attend, these are some of the most expensive vessels for sale, according to MatrixLloyd, a leading authority on superyacht deals.
Built by Amels in 2011, Imagine features a helipad and lift that transports guests between decks, and has an asking price of £51million
Built by Amels in 2011, Imagine features a helipad and lift that transports guests between decks, and has an asking price of £51million
Imagine. Asking price: £51million ($78.5million)
Built by Amels in 2011, this 65.7-metre (215.6ft) motor yacht features a lift that transports guests between decks, and a helipad.
Imagine sleeps up to 12 guests, who can lap up the sunshine on the spacious top deck, relax in a hot tub or exercise in the jet-stream swimming pool.
With a cruising speed of 14 knots (16.1mph), the vessel also boasts a gym, steam room and balconies on the two upper deck VIP cabins.
For those who can't afford the asking price, Imagine was available for charter in the Mediterranean over the summer for £388,000 a week ($597,000), according to Fraser Yachts' website.
It is available for the same price over the winter, when it will be positioned in the Caribbean.
Madsummer. Asking price: £24.3million ($37.5million)
Ten guests can sleep comfortably in five en-suite cabins, including a master suite with a double bed, study, walk-in wardrobe, his and hers bathrooms and separate toilet en-suite.
Madsummer, offered by Moran Yacht & Ship, has an asking price of £24.3million ($37.5million) ahead of this year's yacht show
Madsummer, offered by Moran Yacht & Ship, has an asking price of £24.3million ($37.5million) ahead of this year's yacht show
The master suite has a double bed, study, walk-in wardrobe, his and hers bathroom and separate toilet en suite
The master suite has a double bed, study, walk-in wardrobe, his and hers bathroom and separate toilet en suite
 When they're not relaxing on board, guests can use a number of water toys, including inflatable boats, kayaks and dive equipment
 When they're not relaxing on board, guests can use a number of water toys, including inflatable boats, kayaks and dive equipment
Built in 2005 and refit in 2009, the superyacht has a master suite that is forward on the main deck, with panoramic views of the sea.
Guests can go for a soak in the 55.5-metre (182ft) vessel's hot tub, or let loose with a large collection of water toys, including inflatable boats, personal watercraft, kayaks and dive equipment.
Steel. Asking price: £21.1million ($32.5million)
From the outside, Steel doesn't have the same appearance as a typical superyacht, but it was designed and constructed to go everywhere.
Built at Pendennis' shipyard, in Falmouth, Cornwall, in 2009, the vessel is suitable for icy waters and can accommodate up to 12 guests in six staterooms, said Ocean Independence.
Steel doesn't have the same appearance as a typical superyacht, but it was designed and constructed to go everywhere
Steel doesn't have the same appearance as a typical superyacht, but it was designed and constructed to go everywhere
The 55-metre (180.5ft) expedition yacht has a stately interior that includes a large master bathroom, fitness room and hot tub
The 55-metre (180.5ft) expedition yacht has a stately interior that includes a large master bathroom, fitness room and hot tub

The 55-metre (180.5ft) expedition yacht has a stately interior that includes a fitness room, and a top deck with a hot tub and room for a small boat.
Balista. Asking price: £13.8million ($21.2million)
While most of the superyachts that are for sale at this year's event have plenty of miles behind them, Balista has never been used by its current owner, according to YPI Group, the Monaco-based firm handling the sale.
While most of the superyachts that are for sale have plenty of miles behind them, Balista has never been used by its current owner
While most of the superyachts that are for sale have plenty of miles behind them, Balista has never been used by its current owner
With a top speed of 25 knots (28.7mph), Balista  comes with a hot tub, satellite television throughout and a large indoor saloon
With a top speed of 25 knots (28.7mph), Balista comes with a hot tub, satellite television throughout and a large indoor saloon

At 46.57 metres (152.8ft), she was conceived as the flagship yacht of Italy's Cantieri di Pisa shipyard, and only has 250 engine hours despite being delivered in 2013.
With a top speed of 25 knots (28.7mph), Balista sleeps up to 12 guests in six cabins, and comes with a hot tub, large indoor saloon, and satellite TV.
Balista was conceived as the flagship yacht of Italy’s Cantieri di Pisa shipyard, and has 250 engine hours despite being delivered in 2013
Balista was conceived as the flagship yacht of Italy's Cantieri di Pisa shipyard, and has 250 engine hours despite being delivered in 2013

Clifford II. Asking price: £11.3million ($17.5million)
Clifford II launched in 2008 and is a sport cruiser luxury yacht, with a maximum speed of 30 knots (34.5mph).
With an asking price of £11.3million ($17.5million), Clifford II is a sport cruiser luxury yacht with a maximum speed of 30 knots (34.5mph)
With an asking price of £11.3million ($17.5million), Clifford II is a sport cruiser luxury yacht with a maximum speed of 30 knots (34.5mph)

Currently based in Antibes, France, the vessel is 46 metres (150ft), and can sleep as many as 12 guests in five staterooms.
With a spacious aftdeck and upper deck, the superyacht is ideal for alfresco dining and basking in the sunshine.
Currently based in Antibes, France, the vessel is 46 metres (150ft), and can sleep as many as 12 guests in five staterooms
Currently based in Antibes, France, the vessel is 46 metres (150ft), and can sleep as many as 12 guests in five staterooms
With a spacious aftdeck and upper deck, the superyacht is ideal for alfresco dining and basking in the sunshine 
With a spacious aftdeck and upper deck, the superyacht is ideal for alfresco dining and basking in the sunshine 

DUIT