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Jubilee: 110m Oceanco sold as largest brokerage deal of 2018

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Dal Kikin
November 29, 2018

Jubilee, the 110-meter Oceanco delivered in 2017 as the largest yacht built in the Netherlands, has now been sold at an asking price of €275 million according to Burgess. This makes the deal, the largest brokerage yacht sold so far this year, according to Yacht Harbour.

Built by Oceanco for the late, former emir of Qatar, the yacht was put on the market shortly before its delivery at an asking price of €275 million. Designed by Russian designer, Igor Lobanov, the yacht's exterior features fake, intermediary decks that make the yacht appear larger than it is when looked at from afar.

Now owned by an American billionaire according to several industry sources, Jubilee can accommodate up to 32 guests in 16 cabins and carry a crew of 45. Key amenities onboard include a swimming pool with a built-in aquarium, a helipad and a large beach club.

Powered by twin MTU engines of 4,828hp each, Jubilee can reach a maximum speed of 18.5 knots and cruise at 14 knots for up to 5,000 nautical miles. She became one of a string of impactful projects for Oceanco including the largest sailing yacht in the world, the 106-meter Black Pearl and the 88-meter Barbara, currently up for sale.

The news, which comes several weeks after the deal, already rumoured during the Monaco Yacht Show, closed, reflects a very active time in the superyacht space. Earlier this month, the sale of the 82-meter Kibo was announced at an asking price of €129 million as well as the 72-meter Saint Nicolas.

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