The upkeep of the 590-foot super yacht Azzam owned by President Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates is estimated at 60 million.

Azzam yacht running cost. A super yacht that is 100-metre long with 25 knots top speed and 50 crew should cost about 275m on average according to Towergate Insurance. The top speed of the Azzam can cross 32 knots pretty fast for a yacht this size on two gas turbines and two diesel engines combining for 47000 horsepower. MY Azzam the largest Superyacht in the world at 180 metres was launched by Lurssen the worlds leading shipyard for large luxury yacht building.

Overall the owner should expect to spend about 10 of the yachts initial cost on annual upkeep. It is outliers like these that increase the price average for yacht owners. Yacht insurance from Towergate For information on our yacht insurance check out our dedicated yacht insurance page or.

Unless youre a trained captain steering your own yacht and making sure the day to day running goes smoothly youll have to employ staff to over see operations. As a very general indicator it usually costs between eight to 12 per cent of the purchase price per annum to operate and maintain. The Chelsea owners vessel had been the worlds biggest yacht until Azzams launch in Germany.

Despite being the worlds largest yacht Rev Ocean cost an estimated 350-500 million. The vast majority are motor yachts with sailing yachts counting for less than 20 of the total. The worlds largest private vessel Khalifa bin Zayed Al Nahyans 180m 590 feet Azzam cost 600 million to build when it was delivered in 2013.

Captains report making anywhere from 70000 a. It is 590 feet long and cost 600 million to build. Adjust the owner use to 2 minimum value owner slider to 0 crew slider to 10 Administration to 10 Fuel and Dockage to 0 Maintenance to 10 and then Capital Repairs to 0.

Mubarak Saad al Ahbabi. Given below is an infographic produced by Towergate. At an estimated cost of 605 million it cost approximately 100 million more than the third largest private motor yacht Eclipse.