In 2022, the esteemed shipyard Lurssen unveiled the awe-inspiring yacht Project Luminance, a spectacular masterpiece designed by the renowned Espen Oeino. With its impressive size and luxurious features, Luminance is poised to join the ranks of the world’s largest yachts, setting a new standard for opulence and elegance on the high seas.
As one of the most magnificent yachts in existence, Project Luminance boasts a remarkable 9,400-ton volume, making it a true force to be reckoned with in the luxury yachting world. Anticipation is high for the yacht’s delivery to its lucky owner, which is expected to occur in 2024.
Although the interior designer for Luminance has yet to be disclosed, it is certain that the chosen individual will provide a level of sophistication and artistry that complements the yacht’s exceptional exterior design by Espen Oeino.
Key Takeaways:
- Project Luminance, unveiled by esteemed shipyard Lurssen in 2022, showcases the remarkable design expertise of Espen Oeino.
- With its impressive 9,400-ton volume, Luminance is expected to set a new benchmark in the luxury yachting world.
- The delivery of this magnificent yacht to its esteemed owner is anticipated in 2024.
- Industry experts predict that Luminance can accommodate a minimum of 24 guests in 12 luxurious staterooms, while providing space for a dedicated 40-person crew.
- Powered by high-performance MTU engines, Luminance is projected to reach top speeds over 20 knots.
- Ukrainian billionaire Rinat Akhmetov, founder of investment holding company System Capital Management, is the reported owner of Luminance.
- The estimated value of Luminance stands at an impressive $500 million, with annual running costs around $50 million.
Estimated Specifications
While official data remains unconfirmed, experts in the yachting industry estimate that the extravagant Luminance can comfortably accommodate a minimum of 24 guests in 12 opulent staterooms. In addition, this magnificent megayacht is designed to house a dedicated crew and staff of 40 in 20 well-appointed cabins, ensuring the ultimate in personalized service and attention.
Powering this luxury motor yacht are high-performance MTU engines, which provide Project Luminance with a top speed of over 20 knots. For those seeking a more leisurely experience, the yacht’s estimated cruising speed hovers around a comfortable 16 knots.
As more information becomes available about the breathtaking Project Luminance, it is clear that this collaboration between Lurssen and Espen Oeino is nothing short of a game-changer in the world of luxury yachting.
The Proud Owner of Luminance
In May 2022, the New York Times reported that Ukrainian billionaire Rinat Akhmetov is the proud owner of Project Luminance. A business magnate, Akhmetov is regarded as one of Ukraine’s richest individuals. He is the founder and owner of System Capital Management, an investment holding company with interests spanning across industries including steel, energy, and real estate.
Value of Project Luminance
Luminance is valued at a staggering $500 million. The annual running costs are projected to be around $50 million. Various factors, such as the size, age, and luxury standards of the yacht, as well as the cost price of materials and technology used in its construction, can greatly influence the price of a yacht.
Lürssen Yachts
Lürssen Yachts is a luxury yacht builder based in Bremen, Germany. The company was founded in 1875 and is known for building custom-made motor yachts, with sizes ranging from 50 to 180 meters in length. Lurssen yachts are known for their high-quality craftsmanship, attention to detail, and use of advanced technology. The company has a reputation for building some of the world’s largest and most complex yachts, and has a long history of working with top yacht designers and naval architects to create innovative and unique yacht designs. The most notable projects include Azzam, Dilbar, NORD, and Scheherazade.
Espen Øino is a Norwegian yacht designer who is known for designing some of the world’s largest and most luxurious yachts. He is the founder and principal designer of Espen Øino International, a yacht design firm based in Monaco. Espen Øino has designed over 200 yachts, including many of the world’s largest and most technologically advanced yachts. Oeino is considered to be one of the world’s leading design studios for large luxury motor yachts. Notable projects include Flying Fox, Crescent, and Octopus.
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