OCEANCO Yachts • Inside their Biggest Projects • 2024 • Yacht Builder

Oceanco Shipyard
Oceanco
Legal Name:Alblasserdam Yachtbuilding B.V.
Founder: Richard Hein and some South African private investors.
Founded in:1987
HeadquartersAlblasserdam, The Netherlands
CEO:Marcel Onkenhout
Parent Company:Jupiter International N.V.
Employees:> 400
Turnover:> $ 100 million
Subsidiaries:Blue Ocean Engineering B.V.

Yachts Under Construction:

We think they have five projects under construction. Most projects start on speculation as ‘investment projects’. They recently sold two new projects: one in the 2nd half of 2017 and one early 2018. Not much is known about these projects.

We are aware of the following projects:

Y722 – 111 meter – delivery probably in 2024

Y723 – n/a

Y726 – 111 meter – 4,350 tons –  2025 – imo 9967093. New yacht for Arthur Blank!.

Oceanco Shipyard

Oceanco is considered to be one of the most exclusive superyacht builders in the world. They have built some masterpieces as KAOS, Black Pearl, and Barbara.

Oceanco delivers top Dutch quality products with efficient production facilities. The company works together with designers. Such as Terence Disdale, Nuvolari-Lenard, Espen Øino, Sam Sorgiovanni, Igor Lobanov, Tim Heywood and Andrew Winch.

History

The company was founded in 1987 by Richard Hein and some private investors. They were based in South Africa. The company started building hulls and superstructures in Durban. The hulls were transported to the Netherlands. Where the yachts were finished.

One of the first large yachts built by Oceanco is Al Mirqab. The yacht was until recently known as Indian Empress. She is now named NEOM. Other large yachts from the first years are the sister-ships Constellation and Stargate. They were built as identical yachts in order for the Royal Family of Qatar.

Constellation was built for Sheikh Hamad bin Khalifa Al Thani, the former Emir of Qatar. While Stargate was built for his half-brother Sheikh Abdulla bin Khalifa Al Thani.

Theodore Angelopoulos

In 2002 the yacht builder was bought by Greek shipping tycoon Theodore Angelopoulos. He was also the original owner of the yacht Alfa Nero.

Under guidance of Angelopoulos, the company started focusing on 80 meter + yachts. Built in a semi-custom series.  Examples are Amevi, Alfa Nero, Vibrant Curiosity and Steven Spielberg’s yacht Seven Seas.

In 2010 Mohammed al Barwani bought the luxury yacht builder. He is a billionaire based in Oman and active in the oil and gas industry.

Al Barwani also owns the Turkish yacht builder Turquoise. Under the management of Al Barwani the focus went more to custom build projects. With examples as Barbara, Infinity, and recently KAOS and Bravo Eugenia.

Oceanco has around 200 employees. She is one of the leaders in the world of luxury yachting. In 2018 the company formed a strategic partnership with BMT to form Lateral Naval Architects.

The custom yacht builder has been nominated many times for the World Superyacht Awards.

Mohammed Al Barwani

Mohamed bin Ali bin Mohamed Al Barwani is an Omani billionaire businessman. He is the founder of MB Holding. The company is active in oil and gas exploration and production, oilfield services, engineering, and mining.

His net worth was once estimated at US$ 1.2 billion.

Notable Yachts

Notable custom superyachts built by Oceanco are KAOS (one of the biggest yachts built in the Netherlands), Indian Empress, Dar, and the sailing yacht Black Pearl. The company has many projects in the top 200 largest yachts.

Current Order Portfolio

We think they have 3 projects under construction. Most projects start on speculation as ‘investment projects’.

Recently Delivered

Infinit (Y7190  – 117 meter  2021 – built for Eric Smidt

The new Seven Seas.  (Y720) – 109 meter – delivered in 2022

Y721 127 meter – KORU–  delivered in 2023. A very large sailing yacht for Jeff Bezos. (The 75-metre Damen YS 7512 is her support vessel).

Contact Details

Oceanco

Marineweg 1 & 5

2952 BX Alblasserdam

The Netherlands

T: +31 78 699 5399

F: +31 78 699 5398

[email protected]

https://www.oceancoyacht.com

Oceanco Resources

https://www.oceancoyacht.com/en/fleet

https://en.wikipedia.org/wiki/Oceanco

https://en.wikipedia.org/wiki/Mohammed_Al_Barwani

http://www.mbholdingco.com/key-personnel

https://twitter.com/oceancoyacht

https://www.instagram.com/oceancoyacht

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Other top yacht brands

Lurssen Yachts

Feadship

Abeking Rasmussen

Oceanco Yachts

Benetti Yachts

Delta Marine




Jeff Bezos’ 127-meter yacht under construction.

The Largest Oceanco Yachts
NameLength (meters)VolumeYearOwner
Jubilee1104.5232018Nancy Walton
Bravo Eugenia1093.6002019Jerry Jones
Black Pearl1062.8642018Oleg Burlakov
Neom913.1762000Saudi Royal
Tranquility952.9912014Lim Kok Thay
Dar902.9992018Ziyad al Manasir
Infinity892.9462015Eric Smidt
Nirvana 882.7862012Vladimir Potanin
Barbara882.9842017Vladimir Potanin
Seven Seas862.6582010Steven Spielberg

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Contact the Author: Peter

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