Meyer Werft to build LNG-powered luxury residential yacht

Germany’s Meyer Werft said it has won a contract from Ocean Residences Development to build an LNG-powered luxury residential yacht.

The order for the 289.30 meters long yacht is still subject to financing, according to a Meyer Werft statement.

Meyer Werft says the residential yacht named Njord would have 117 luxury apartments and a dimension of 84,800 GT. It can accommodate about 1000 people including crew, it said.

Furthermore, the yard should deliver the LNG-powered vessel to Ocean Residences Development (ORD) by the end of 2025.

Kristian Stensby, a Norwegian-American entrepreneur and businessman, leads ORD.

The ship has a “special mega-yacht design and features low-emission LNG propulsion, which together with a hybrid battery system provides a speed of 21 knots,” the German yard said.

Moreover, to future-proof the vessel, Meyer Werft says the engines and fuel tanks would be prepared for easy conversion to future fuels with lower or carbon-neutral footprints.

Unlike the classic cruise ships, prospective buyers here will buy the suites or apartments on board. This underlines the character of a private yacht, Meyer Werft said.

“The ship has a purpose and goal to become home to a community of individuals and families who share a passion for travel, adventure and discovery – across oceans, underwater, in the air and on land,” it said.

- Advertisements -

Most Popular

Excelerate to splash about $332 million on FSRU order in South Korea

Excelerate Energy will pay about $332 million for a floating storage and regasification unit (FSRU) it ordered at South...

Atlantic LNG freight rates hit new record

Spot charter rates for the global LNG carrier fleet in the Atlantic basin have reached a new record high,...

Excelerate orders FSRU at Hyundai Heavy

US floating LNG player Excelerate Energy has ordered a floating storage and regasification unit (FSRU) at South Korea’s Hyundai...

More News Like This

Meyer Werft floats out second LNG-powered newbuild for P&O Cruises

Germany's Meyer Werft has launched the second LNG-powered vessel it is building for Carnival Corporation’s P&O Cruises. The 345 meters...

Meyer Werft lays keel for Carnival Cruise Line’s LNG-powered vessel

Germany’s Meyer Werft continues to progress work on the LNG-powered vessel, Carnival Jubilee, for Miami-based Carnival Cruise Line, a...

LNG-fueled Disney Wish arrives at Port Canaveral

Disney Cruise Line's LNG-powered Disney Wish has arrived at Port Canaveral, Florida from Europe. "The long-awaited addition to the Port...

Meyer Werft hands over Disney’s first LNG-powered newbuild

Germany’s Meyer Werft has delivered the first out of three LNG-powered vessels to Disney Cruise Line, a unit of...