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Boat of the Week: This Speedy 153-Foot Superyacht Has Its Own Turbo Boost

Push a button and the turbine kicks in, which is yachting's equivalent of light speed., julia zaltzman, julia zaltzman's most recent stories.

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What do you get if you have two friends with a passion for boats, high-profile automotive careers and cash to burn? The answer is the 153-foot superyacht Excellence , a vessel that oozes speed, has brand pedigree and captures the hearts of all who own it.

Built in 2001 by Formula One racing car driver and automobile entrepreneur Roger Penske, who named her  Detroit Eagle , the yacht combined Feadship ’s Dutch craftsmanship with Penske’s own brand of engine. (Disclosure: Roger Penske is the father of Jay Penske, who owns this publication, as well as its sister publications in the Penske Media portfolio.)

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“At the time [Roger] Penske owned a company called Detroit Diesel that made diesel engines for boats, and he was also involved with a company that built turbine engines,” current owner and Penske’s longtime friend, Herb Chambers, told Robb Report . “So, he went to Feadship and built a lightweight aluminum yacht with a shallow draft to demonstrate the capability of his engines.”

The Feadship was originally built and owned for years by Roger Penske, who wanted a very fast, very luxurious superyacht. Penske installed his own Detroit Diesel-branded engines and then added a 5,600-hp turbine to give the yacht a 10-knot pop at the top end.  Courtesy of Burgess Yachts

The immaculate, polished-chrome engine room, with the diesels painted in fire-engine red, has always been a symbolic indicator of the type of impressive speeds the yacht can reach. The engines are 16-cylinder 4000 series, which generate 3,650 horsepower each. Penske then added something the superyacht world had never seen before–a Lycoming TF-50 gas turbine for an additional 5,600 horsepower.

“The boat can cruise at about 23 knots on diesel engines,” Chambers says, “but if you really want it to go fast, you push a button and the turbine kicks in taking the boat from 23 knots up to around 33 knots. It really is a remarkable vessel.”

Serial boat builder Chambers grew up in the Boston area, spending long summers on the water at his grandmother’s cottage. “I always had the desire to have a boat,” he says, a goal he realized at 24 with a 30-foot Trojan flybridge motoryacht. The Trojan would be the first of five yachts called A-Copy , named after his successful copy-machine business.

“After I sold the copy company and had this windfall of money, I ordered a 127-foot Feadship. The name A-Copy wasn’t of any significance to me anymore so I tried to think of a name that I would like,” Chambers says. “I’m not an avid reader, but I read Tom Peters’s book In Search of Excellence and loved it. It’s about running a good business. I thought Excellence , that is a great name for a boat.”

Launched last summer, Chambers’s newest 262-foot Abeking & Rasmussen “Excellence” has a futuristic hull shape, with an eagle-beak bow and large glass panels on the exterior.  Courtesy Abeking & Rasmussen

To date, Chambers has owned more than 40 yachts of many sizes. Some were even sold before he took delivery. The name “Excellence” serves as a constant reminder to his 30-year-long captain for the need to maintain high standards on board, he says. It has also carried through to Chamber’s six most recent yachts. This includes his largest yacht to date, a striking 262-foot Abeking & Rasmussen launched in 2019, on which he enjoys cruising the European waters of Croatia, Greece, Italy and St Tropez. That Excellence won Robb Report ’s 2020 Best of the Best award for interiors.

With its “eagle” reverse bow and triple-height glass atrium, the Winch-designed yacht turns heads wherever it goes. But that’s hardly surprising considering Philip Starck’s opinion-dividing Motor Yacht A was the design inspiration this latest Excellence .

“When I first saw Motor Yacht A , I said, ‘That looks like a submarine. Who would ever want to have a boat like that?’ And the second time I saw it, I said, ‘That boat is pretty nice. I kinda like that bow.’ And the third time I saw it, I thought, ‘I absolutely love that.’ So, that’s where the idea for Excellence ’s bow came from.”

While he has recently listed the Feadship “Excellence,” Chambers plans to enjoy the yacht for while he still owns her. He has often owned two yachts—the newer one that is often under charter, and a smaller, faster one that is at his disposal for his “personal use.” 

While Chambers’s appreciation of Feadship has long endured after his first foray with the Dutch shipbuilder, it wasn’t until a 2018 visit to Fort Lauderdale Boat Show that Penske’s 153-foot yacht caught Chamber’s eye. Prized by Chambers for its flexible speed and six-foot Bahamas-friendly draft, it is one of the few yachts that he hasn’t put on the charter market.

“I view the Feadship as a very personal boat,” says Chambers. “It’s only a four-stateroom boat, but you can bring three other couples or family members with you. When I told Roger Penske that I had bought the boat, he said his family was mad at him when he sold it because they loved it so much.”

An extensive 2019 refit of the yacht includes a full paint job, an updated sound system and refurb of the original John Munford interior. Chambers bought the yacht for his own personal use. “Because my boats get chartered, I always love to have a boat that’s available just for me,” Chambers says. “I built a 94-foot Mangusta for that purpose and used it in America when my big yacht was on charter in the Mediterranean or Caribbean. The Feadship can do pretty much what the Mangusta did, but it’s a bigger, more comfortable boat, so I sold the Mangusta at the start of 2020.”

The 2001 build has undergone a complete refurbishment of the interior. 

Being a serial owner, Chambers also recently listed the updated Feadship. He plans to enjoy the yacht while she is still available. Will he miss this Excellence ?

“I really don’t know,” Chambers says, pausing. “I would maybe look to build a similar boat, around 150 feet, something that would be fast. But the Abeking & Rasmussen Excellence is still new to me. The time for me to sell a boat is when I still like it.”

That creates a great opportunity for a buyer who wants a piece of superyacht history–a very fast superyacht history.

Excellence is co-listed for sale with Burgess  and Merle Wood & Associates for $16,900,000. Here are more views.

Images Courtesy of Burgess Yachts

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EXCELLENCE Yacht – Supreme $120 Million Superyacht

EXCELLENCE yacht is one of the largest superyachts in the world with a total length of 80 meters (262.5 ft).

She is often considered a masterpiece of design with her unusual reversed bow.

EXCELLENCE yacht interior

The interior of the EXCELLENCE yacht was designed by Andrew Winch, an English yacht designer specializing in the luxurious and unusual design.

The yacht perfectly combines indoor and outdoor living with her three-story glass atrium that allows the interior to be bright and open.

Fourteen guests find space on board in seven cabins, as well as a crew of 20 who have a designated area below deck. The interior of the yacht is decorated in beige and creme tones, perfectly complimented by dark wooden elements.

There is a cinema, spa with a sauna, and gym aboard EXCELLENCE and the aft of the vessel holds a large beach club with direct water access.

Specifications

The EXCELLENCE yacht has a length of 80 meters (262.5 ft), a beam of 14.45 meters (47.4 ft), and a draft of 3.45m (11.3 ft).

Her twin MTU engines allow her to reach top speeds of 17 knots, although her average cruising speed lies at 14 knots. She carries 30,000 liters of water and 50,000 liters of diesel on board.

The EXCELLENCE yacht is the 7th largest yacht built by ​​the renowned German shipyard Abeking & Rasmussen.

Her exterior was designed by Andrew Winch, who also worked on the interior of EXCELLENCE.

Her most unusual feature is definitely the reversed bow that is sure to catch the attention of onlookers anywhere she docks.

She has plenty of deck space that can be used for sunbathing or covered up with awnings if required.

On the main deck, a pool with a swim-up bar allows guests to relax and unwind. EXCELLENCE has a sizeable aluminum superstructure and an elongated steel hull.

She has unusually large windows which allow the interior to be flooded with natural light. 

The owner bought EXCELLENCE for a price of US$120 million in 2019. She generates annual running costs of US $5 to 12 million depending on use.

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Excellence is a futuristic 80m collaboration between Abeking and Rasmussen and Winch Design.

The team at Winch Design have dreamt up a superstructure so unique that she promises to be unlike anything that has ever come before. Her striking and angular reverse bow cuts assertively through the ocean waters, offering a silhouette comparable to a spaceship. Her exterior lines draw the eye up to the bridge and owner’s decks which are surrounded on all sides by curved floor-to-ceiling mirrored glass, the largest panel a staggering 6m in length. The statement glass reaches 180 degrees around the master suite meaning that sleeping guests can wake up in the morning fully immersed in their peaceful surroundings. The interior of Excellence, also penned by Winch Design, is a fitting match for her iconic exterior.

Providing the perfect opportunity for indulgent relaxation, she features a swimming pool and platform, as well as jacuzzi, sprawling beach club and impressive limousine tenders. Ensuring that when anchored she is as smooth as a spaceship floating in orbit, she is fitted with 'zero speed stabilizers' which work when the yacht is stationary, providing maximum comfort even when cruising through rough waters. Excellence smashes the mould and promises to turn as many heads in 20 years’ time as she does today. With her striking bow and her visionary, industry disrupting layout, Excellence brings forward a new era for superyacht design.

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Yacht Specs

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EXCELLENCE Motor yacht for charter

• Length: 80m (262.5ft)
• 12 guests in 7 cabins
• Built: 2019, Abeking & Rasmussen, Germany

With her heavily reversed bow and acres of glass, the 80m (262.5ft) EXCELLENCE is one of the most distinctive yachts built in recent years and, being the sixth yacht to bear her name, also the culmination of all of the owner’s previous experience in yacht building. Working closely with Winch Design and the renowned Abeking & Rasmussen shipyard, in this groundbreaking build the owner’s vision, attitude and knowledge is evident throughout every square centimetre, and the result is an award-winning yacht with many unique and radical features.

Immersive luxury meets visionary design with boldness

• Unique triple-height glass atrium
• Tiered cinema
• Dedicated gym
• Wellness spa
• Beach club with sea terrace
• Two exquisite limo tenders by Hodgdon
• Large pool on main deck aft and two jacuzzis
• Private owner's deck
• Zero speed stabilisers to reduce any rolling motion while at anchor

About EXCELLENCE

With her heavily reversed bow and acres of glass, the 80m (262.5ft) EXCELLENCE is one of the most distinctive yachts built in recent years and, being the sixth yacht to bear her name, also the culmination of all of the owner’s previous experience in yacht building. Working closely with Winch Design and the renowned Abeking & Rasmussen shipyard, in this groundbreaking build the owner’s vision, attitude and knowledge is evident throughout every square centimetre, and the result is an award-winning yacht with many unique and radical features.

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Tenders & toys

• 1 × Limousine tender
• 2 × Tenders
• 1 × Sailing dinghy
• 2 × Deck jacuzzis
• Inflatable platform
• RYA training centre for jetskis & waverunners
• 2 × Waverunners
• 3 × SeaBobs
• 1 × eFoil
• 2 × Kayaks
• 4 × Stand up paddleboards
• Inflatable tows
• Scuba diving equipment
• Snorkelling gear

Please note that tenders and toys are subject to regular upgrades and changes. Contact a Burgess broker for the latest information.

Fitness equipment

• Exercise balls
• Free weights
• Kinesis machine
• Hammam/Steam room
• Massage room

Please note that fitness equipment and wellness facilities are subject to regular upgrades and changes. Contact a Burgess broker for the latest information.

Testimonials

‘We loved the charter. The yacht was amazing, the crew was amazing … the BEST charter we have ever had.’

‘The charter was incredible! All our guests raved about the staff.’

‘EXCELLENCE is undeniably a masterpiece and standout yacht. It was a privilege to spend time onboard.’

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EXCELLENCE Abeking & Rasmussen

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If you have any questions about the EXCELLENCE information page below please contact us .

Luxury yacht EXCELLENCE from Abeking & Rasmussen was launched in 2019 with a steel hull and aluminium superstructure measuring 80m/262.5ft. The naval architecture also comes from the shipyard, while the interior and exterior styling comes from renowned British studio Winch Design. The accommodation sleeps a maximum of 12 guests over seven en-suite cabins with a crew of 22 for expert service.

NOTABLE FEATURES OF EXCELLENCE: ~Sundeck Jacuzzi ~Main deck swimming pool ~Beach club ~Spa centre with sauna and gym ~Owner's deck Jacuzzi ~Office converts into a staff cabin ~Games consoles and board games ~Karaoke machine ~Abundance of water toys ~Range of 4,400 nautical miles ~Air conditioning ~Wi-Fi

The lower deck swim platform provides a sunbathing area close to the water complete with two sofa/sunbeds. There is access to the beach club through the large aft door, and two staircases sweep up to the main deck aft.

The main deck aft boasts a large swimming pool with sofa sunbeds on both sides and bar seating on the forward side. A stairway leads to the bridge deck aft, where there is a sunbed and bar aft, a casual alfresco drinking and dining setting to starboard where a sofa is integrated along the gunwale. There is room in the centre for an alfresco dining table for up to 12 guests.

The Owner's deck exterior is separated into a forward section and an aft section. The forward section joins onto the Master suite and offers a sofa in the shade to enjoy the views and the fresh sea air. The aft section joins onto the Owner's lounge and has an abundance of sofa/sunbeds along the stern and a Jacuzzi in the centre.

The sundeck above can be accessed via the internal stairway or lift/elevator. The forward section boasts a massive Jacuzzi and has forward sofa seating and an aft bar around its sides. One more casual social area is created by placing a curving sofa along the stern, another sofa opposite and a coffee table in between.

The lower deck layout contains the crew accommodation, aft of which is the beach club with fold-down side terraces.

On the main deck the forward section contains the gym and spa with massage room, along with a cinema to port. The guest accommodation is amidships, with the aft section containing the formal dining area and salon. The former area seats up to 12 guests in a sumptuous light-filled environment finished to the highest quality, matched by an aft circular seating area consisting of sofas, armchairs and side tables around a large coffee table.

The bridge deck provides corner seating in the helm station for guests to enjoy the forward views in any weather within an air conditioned environment. Behind is the Captain's cabin and technical spaces, followed by the foyer and the office convertible into a staff cabin, and then the skylounge. This light and airy social space offers a similar setup to the main salon with large sofas and armchairs around a coffee table, plus an additional two armchairs and a side table on both the port and starboard sides.

Above, the Owner's deck places the Master suite forward where the occupants have the advantage of 180 degree views. Amidships is the foyer and crew spaces, and the aft private lounge provides a laid-back setting of a couple of armchairs and a sofa around a coffee table.

EXCELLENCE Specifications

The lift/elevator provides access all the way up to the sundeck, where there is a foyer, day head and technical spaces in addition to the outdoor areas.

Twin MTU 12V 4000 Diesel engines provide a top speed of 16.8 knots, a cruising speed of 13 knots and an extensive cruising range of 4,400 nautical miles.

Yacht Accommodation

The accommodation sleeps a total of 12 guests across 7 en-suite cabins: 1 Master suite and 6 double cabins. ~The Master suite is situated forward on the Owner's private deck and enjoys 180 degree views from the super king-sized bed. The room also contains a widescreen TV, a desk, day bed, a sitting area comprised of two armchairs and a side table, plenty of storage and aft en-suite his-and-hers bathrooms that both have a sink, toilet, shower and bathtub. ~The double cabins are all placed forward of amidships on the main deck for the advantages of better views and more sunlight. Each bedroom contains a double bed, a widescreen TV, desk/vanity, plenty of wardrobe space and an en-suite bathroom with a sink, toilet and shower. ~The expert crew of 22 will take care of every little detail.

Amenities and Extras

Tenders & Toys: ~9.8m Hogdon Limo Tender with 2 Volvo D3 220hp Turbo Diesel 162KW engines ~8m Hogdon Open Tender with 1 x Volvo D4 300hp Turbo Diesel 223KW engines ~Rescue boat: Zodiak RIBO 450 P Sling with 1 x 40hp Yamaha Outboard (gasoline) ~RS 200 Angebot Sailing Dinghy (2 person) ~2 x Yamaha VX Cruiser Wave Runners (2 person) ~1 x Seabob F5 S ~2 x Hobie Quest 13 Deluxe Kayaks (2 person) ~2 x BOTE Stand Up Paddleboard 10’ 6’’ ~Aquaglide Malibue Aquapark Trampoline with Splashmat ~Inflatable towables ~Water Skis ~Slalom Skis ~Wakeboards ~Kneeboards ~Lounge Rafts Dive gear: ~4 Full Sets of Dive Gear ~Misc. Masks/Fins/Snorkels ~Full Face Mask Snorkel Kits Audio Visual Equipment and Deck Facilities: ~X Box 1X ~PlayStation 4 Pro ~Karaoke Machine ~Misc. Board Games Communications: ~Satcom & cellular communications facilities, VSAT, Wi-Fi internet access Gym equipment: ~Technogym Kinesis ~Technogym Run Personal Treadmill x 2 ~Yoga Mats ~Dumbbells ~Free Weights ~Exercise Balls ~Jump Ropes

EXCELLENCE Disclaimer:

The luxury yacht EXCELLENCE displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

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EXCELLENCE YACHT CHARTER

80m  /  262'6   abeking & rasmussen   2019.

• Previous Yacht

Cabin Configuration

Special Features:

• Aft deck pool with swim-up bar
• Excess of curved glass encasing the owner's suite to provide incredible views
• Tiered home cinema
• Triple-height glass atrium
• Expansive list of water accessories
• Beach club with sea terrace and swim platform
• Twin limo tenders

At 79.95m/262'4", iconic charter yacht Excellence features a compelling line-up of living areas and modern amenities and abounds in luxury and comfort

A masterpiece of modern design, the 262.47ft /80m Custom motor yacht EXCELLENCE was launched by Abeking & Rasmussen in 2019. Winch Design is responsible for her futuristic exterior design and contemporary interior styling.

With her innovative features and host of cutting-edge amenities, EXCELLENCE is a superyacht worthy of her title. She is a charter platform designed for the discerning, and promises a superyacht vacation in the lap of luxury. 

Exterior Design

One of the defining characteristics of EXCELLENCE is her unique exterior design, which has been compared to a spaceship. Penned by Winch, her iconic profile features a reverse bow and sharp lines which work to blend the hull with the superstructure to create a unique and eye-catching silhouette. The expanses of mirrored glazing across her superstructure further add to her visionary good looks. The final effect is not only attractive to the outside viewer, but the wide sections of glass also provide stunning vistas over the surroundings. Abeking & Rasmussen have stated that glass has never been installed in these dimensions on one of their superyachts before, marking an impressive first for the German yard.

Interior Design

Winch has ensured a perfect harmony between the yacht’s innovative exteriors and her cool and contemporary interior design. Her social spaces are infused with natural light, with a triple-height glass atrium taking centre stage. The space serves as the social hub during charters, providing an unparalleled setting for enjoying the company of the entire charter party while still feeling connected to the outside world. The motor yacht is also home to a tiered cinema for indulging in movie nights at sea, as well as a spa with sauna and well-equipped gym facilities. All of which these sumptuous features can be found on the main deck.

Guest Accommodation

EXCELLENCE provides accommodation for 12 guests in seven cabins. Each cabin is well-appointed, and benefits from its own individual colour palette.

The principal charter guest can take advantage of the owner’s deck, which has been designed to provide the finest in privacy, comfort and luxury living. The cabin boasts an outdoor terrace with jacuzzi, sun lounging area and private office to offer everything a guest might need right at their fingertips.

The owner’s suite also represents a feat of incredible engineering, as it is partially encased in floor-to-ceiling mirrored glass to provide 180-degree views over the surroundings. The largest panel measures a staggering 6m in length, and has been designed to offer a totally unobstructed connection to the world outside.

Onboard Comfort & Entertainment

On a private yacht charter on board EXCELLENCE, guests can enjoy relaxing and unwinding as well as entertaining and socialising. On the aft deck, a large pool with swim-up bar is a great spot for getting together and having a dip or a drink.

Those looking to get closer to the sea can do so, thanks to a spacious beach club which benefits from a wide sea terrace, bathing steps and a large swim platform. A large locker of toys and tender can also be accessed from here; among her range of water accessories, EXCELLENCE boasts Seabobs, sail boats, inflatable toys, jet-skis, paddleboards and scuba-diving equipment. She also plays host to two limousine tenders for the ultimate elegant arrivals and departurers

The sundeck is also a lovely spot for topping up your tan, and is complete with a deck jacuzzi and multiple lounging areas.

Performance & Range

Built with a steel hull and aluminium superstructure, she offers greater on-board space and is more stable when at anchor thanks to her full-displacement hull. Powered by twin MTU engines, she comfortably cruises at 13 knots, reaches a maximum speed of 17 knots with a range of up to 6,300 nautical miles from her 150,000 litre fuel tanks at 14 knots. An advanced stabilisation system on board reduces the side-to-side roll of the yacht and promises guests exceptional comfort levels at anchor or when underway.

Excellence knows a thing or two about fun on the water, with an extensive selection of action packed water toys and accessories for you and your guests to enjoy whilst on charter. Principle among these is a Angeboat RS 200 sailboat to bring out the explorer in you. Guests can experience the thrill and adventure of riding one of the two Yamaha VX cruiser WaveRunners. Another excellent feature are waterskis that are hugely entertaining whether you are a beginner or a seasoned pro. If that isn't enough Excellence also features a seabob, kayaks, scuba diving equipment, inflatable water toys and kneeboards. When it comes to Tenders, Excellence has you covered - with three tenders, including a 9.8m/32'2" Hogdon Limo Tender.

Why Charter Excellence

EXCELLENCE has been custom-built for an owner with a wealth of experience owning charter yachts. They have also been vastly successful on the charter fleet, and no doubt EXCELLENCE will follow in their footsteps.

Excellence and her crew are available for charter this summer for cruising within the Mediterranean. She is already accepting bookings this winter for cruising in the Caribbean.

With its luxurious interiors, vast array of onboard facilities and a highly-trained and professional crew, a luxury yacht vacation onboard motor yacht Excellence promises to be nothing short of spectacular.

TESTIMONIALS

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Amenities & Entertainment

For your relaxation and entertainment Excellence has the following facilities, for more details please speak to your yacht charter broker.

Excellence is reported to be available to Charter with the following recreation facilities:

• 9.8m  /  32'2 Hogdon Limo Tender with 2 x 220 HP engines
• 8m  /  26'3 Hogdon Limo Tender with 1 x 300 HP engine
• 1 x Zodiac 450 Rescue Boat with 1 x 40 HP engine

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

Excellence Awards & Nominations

• Monaco Yacht Show Awards 2019 The Finest New Yacht of the MYS Winner
• World Yachts Trophies 2019 Best Exterior Design (54-82m) Finalist
• Monaco Yacht Show Awards 2019 The Exterior Design Award Winner
• Boat International Design & Innovation Awards 2020 Outstanding Exterior Motor Yachts - 50m and above Finalist
• Boat International Design & Innovation Awards 2020 Best Interior Design Motor Yachts 500GT and Above Finalist
• Boat International Design & Innovation Awards 2020 Judges’ Commendation for Best Lighting Design Winner
• The World Superyacht Awards 2020 Best Displacement Motor Yacht of 2,000GT and above Nomination
• Robb Report 2020 Interior Winner
• + shortlist

For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please contact your broker.

'Excellence' Charter Rates & Destinations

Summer Season

May - September

€1,100,000 p/week + expenses Approx $1,222,500

High Season

€1,260,000 p/week + expenses Approx $1,400,500

Cruising Regions

Mediterranean France, Italy, Malta, Monaco, Montenegro

HOT SPOTS:   Amalfi Coast, Corsica, French Riviera, Sardinia

Winter Season

October - April

$1,150,000 p/week + expenses

$1,300,000 p/week + expenses

Caribbean Antigua, Bahamas, Saint Martin, St Barts

HOT SPOTS:   Virgin Islands

Charter Excellence

To charter this luxury yacht contact your charter broker , or we can help you.

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NOTE to U.S. Customs & Border Protection

Specification

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$250M superyacht Liva O draws 'big' attention on Seattle's Lake Union

SEATTLE - The superyacht LIVA O, owned by billionaire Stephen Orenstein , has made a notable appearance on Seattle's Lake Union . 

Measuring 387 feet, LIVA O is the largest superyacht ever built by the esteemed German shipbuilder Abeking & Rasmussen . For comparison, a Washington state Olympic Class ferry measures 362 feet.

Launched as the shipyard's latest masterpiece, LIVA O represents a significant achievement for Abeking & Rasmussen, which has been in operation for over 115 years. "We have once again succeeded in building an exceptional yacht," said Matthias Hellmann, CEO at Abeking & Rasmussen. "By upholding our values of innovation, quality, and client satisfaction, we have created a yacht that sets new industry standards."

Designed by Joseph Dirand Architecture in Paris, the yacht features a sleek black hull and offers luxurious amenities, including a Neptune Lounge with an underwater view, a swimming pool, a helicopter pad and a crow’s nest. The vessel also employs a diesel-electric propulsion system for quiet navigation and maneuvering. 

So how much does a yacht of this size cost? According to Superyacht Fan , Orenstein bought the yacht in 2023 for $250 million and estimates its annual running cost to be $15 to $25 million. 

According to Forbes , Stephen Orenstein is a German-American business executive with extensive commercial real estate holdings in Germany, Italy, the U.K. and the U.S., and holds a stake in the German soccer team Eintracht Frankfurt. 

Formerly owning 75% of Supreme Group, a logistics firm that supplied food and water to the U.S. Army in Afghanistan, Orenstein took over the company in 1985 after his father's death. 

Forbes estimates his net worth at $2 billion. 

The yacht's presence in Lake Union is drawing attention from locals and yacht enthusiasts alike, marking a significant milestone in Seattle's maritime scene.

Seattle's 520 bridge to close in both directions for weekend construction

Washington secures $28M for salmon habitat restoration projects

Lightning sparks Miners Complex wildfire, burning 500 acres in WA

WA political leaders, analysts weigh in on Biden dropping out of presidential race '

To get the best local news, weather and sports in Seattle for free, sign up for the daily FOX 13 Seattle newsletter .

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Excellence V, the superyacht built with the charter market in mind

Excellence V has the luxury of space where it matters, which gives her wide side decks, a five-level lift encircled by a central staircase, three hull openings for boarding from the sea, large main-deck guest suites, a dedicated cinema, a water-front gym, a beach club, an owner’s deck and multiple outdoor lounges and spa pools.

‘The exercise was how to put the interior of a 78 metre superyacht into a 57 metre hull, and then we stretched it to 60,’ says Captain Shore. Shore has been with owner Herb Chambers since 1989, and the two of them have built a hugely successful charter following with their yachts, starting with the original 38.7 metre Feadship that was the first Excellence . ‘When he started designing this boat, more room was key, as was incorporating things not heard of five years ago,’ says Shore. ‘He knows what he likes, and we use a lot of input from our repeat charter guests.’

Thirty years of offering his yachts for charter has given Chambers an acute understanding of the market and what makes a yacht a success. For example, there is a handsome double cabin on the upper deck, just aft of the master suite and opposite the office, designed to accommodate a charterer’s children, bodyguard or doctor. An adjacent door, hidden in the paneling, gives this cabin access to the deck’s pantry and to the stairs to the galley and crew areas below, should the person occupying it be a staff member.

Flexibility is why there are three hull openings, too. By putting the beach club amidships to starboard, guests congregating there aren’t bothered by the launch and retrieval of the tenders, which happens at the stern, or by the use of the portside platform that doubles as a crew tender access point and a waterfront gym or massage room. Flexibility has also driven the provision of 10 different outdoor spaces for guests, including three bars and seven lounging areas.

A small asymmetrical saloon with a bar on the starboard side and a cool wood floor, leather walls, crocodile tabletops and velvet chairs forms the transition from the aft arrivals deck to the interior. Forward of this is the dining area, set apart by its leather flooring, Macassar table and black emperador marble and white onyx countertops. This splash of drama sets the stage for the beautiful and dramatic foyer, with its gleaming glass lift, marble floors and a custom stair surround that is a majestic, four-storey, deco-style tableau of transportation.

A stairway takes guests on board Excellence V to a lower foyer opposite the beach club, and glass walls with a sandblasted pattern are all that separate them from the blue beyond when the club deck is lowered. Pass through the glass doors and this club is like an island. It has a shaded bar, a seating area and open teak decking large enough to host a couple of lounge chairs just above the surface of the sea. With its access to the stairs and lift, it’s a great place to arrive by tender.

The beach club isn’t the only reason to venture to the lower deck of the superyacht; forward is a state-of-the-art cinema with 102-inch screen and nine reclining chairs that vibrate along with the heavy bass audio tracks of action movies. A ‘candy store’ and beanbags for children complete the scene.

As pleasant as the guest cabins on Excellence V are (two twins, two doubles, and a VIP), the master suite is the sort of show-stopper you would expect of an owner with 30 years’ experience of messing about in boats. The suite’s subtle arrangement of doors and stairways helps give the owner privacy or informality when needed, and allows him to interact with the captain and crew. A fore and aft private outside staircase takes the owner down to the main side deck, while a circular staircase brings him directly to the bridge deck above. Thus the owner can arrive by tender or passerelle at the stern and move to his suite without going through the rest of the superyacht.

But the pièce de résistance is the waterfall, which splashes down the back of the superstructure and seems to disappear under the sole, only to reappear in a glass-fronted spa pool flanked by a bar with stools and sunpads. It’s a fitting feature for this yacht, which with equal emphasis mixes youthful relaxation and fun with the highest quality finish and technical sophistication.

Excellence V is available for charter at rates starting from €595,000 per week.

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