Boasting the craftsmanship of the renowned Oceanco shipyard in the Netherlands, the yacht AALTO, initially named Amevi, flaunts an impressive value of US$ 125 million, as per yacht brokers. The motor yacht proudly presents a steel hull and an aluminum superstructure.
Key Takeaways
- The yacht AALTO, originally named Amevi, is a luxury vessel built at the esteemed Oceanco shipyard in the Netherlands, with an estimated worth of US$ 125 million.
- AALTO is one of the largest yachts globally, measuring a remarkable 80.00 m (262.5 ft) long, with a 14.20 m (46.6 ft) beam, a 3.90 m (12.8 ft) draft, and a gross tonnage of 2,310.
- Powered by twin MTU 16V 595 TE70 engines, it can reach a maximum speed of 18.5 knots, with an average cruising speed of around 14 knots.
- The interior, designed by Alberto Pinto, consists of luxurious public areas and 8 VIP staterooms, including an opulent owner’s suite with a private jacuzzi.
- Indian billionaire Lakshmi Mittal, the chairman, and CEO of ArcelorMittal, the world’s largest steelmaking company, owns the yacht.
- The estimated annual running cost of AALTO is approximately US$ 10 million, and its current market value is about US$ 125 million.
AALTO: A Contender Among the World’s Largest Yachts
As one of the largest yachts worldwide, the superyacht AALTO extends a grand 80.00 m (262.5 ft) long, with a beam of 14.20 m (46.6 ft). Its draft is 3.90 m (12.8 ft), and the gross tonnage amasses to 2,310.
Impeccable Specifications
The luxury yacht AALTO is powered by twin MTU 16V 595 TE70 engines, yielding a total power of 9,100 hp. This allows AALTO to attain a maximum speed of 18.5 knots, while its cruising speed averages around 14 knots. The annual operational cost for the yacht hovers around US$ 10 million.
A Peek into AALTO’s Luxurious Interior
Designed by the legendary Alberto Pinto, AALTO’s interior exudes luxury with its public areas and 8 VIP staterooms. Each guest cabin comes with twin and quarter-sized beds, en suite bathrooms, toilets, and large TV sets. The owner’s suite doubles the grandeur with its spacious living area, luxury furnishings including Italian marble in the bathroom, cherry furniture, and a personal jacuzzi. The yacht also houses a large jacuzzi for all guests and two outdoor bars. In 2012, AALTO underwent a refit, which saw her hull painted a fresh shade of blue.
The Billionaire at the Helm of the Yacht AALTO
AALTO is under the proud ownership of Indian billionaire Lakshmi Mittal, a distinguished steel magnate listed among the wealthiest individuals globally. Mittal, born on June 15, 1950, in Sadulpur, India, presides as the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company. His portfolio also includes the Lurssen yacht Alaiya.
The Monetary Aspects of Owning the AALTO Yacht
AALTO carries a price tag of $125 million. Its annual running costs round off to about $12 million. The < strong>price of a yacht can fluctuate significantly depending on the size, age, and degree of luxury it offers, coupled with the cost of materials and technology deployed in its construction.
Oceanco is a luxury yacht builder based in Alblasserdam, Netherlands. The company was founded in 1987 and has become one of the most respected yacht builders in the world. It specializes in building custom-made luxury motor yachts that range in size from 80 to over 300 feet in length. Oceanco yachts are known for their exceptional craftsmanship, innovative design and use of advanced technology. The company employs a team of experienced designers, engineers, and shipbuilders who work together to create yachts that are not only beautiful but also highly functional and efficient. Notable projects include Jeff Bezos’ yacht KORU, Bravo Eugenia, and Seven Seas.
Nuvolari Lenard is an Italian architectural and design firm, founded in 1998 by partners Carlo Nuvolari and Dan Lenard. The firm is known for designing luxury yachts, superyachts, and megayachts, as well as private jets and villas. They have worked with many notable shipyards and yacht builders such as Lurssen, Oceanco, and Palmer Johnson. Their designs are characterized by a focus on clean lines, minimalism, and the use of high-quality materials. They also have a strong emphasis on sustainability and environmental responsibility in their projects. Notable projects include the Lurssen AHPO, the Lurssen NORD, and the Oceanco Bravo Eugenia.
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