Posted on 11/28/2023 11:30:09 AM PST by Red Badger

The $500 million vessel was finally docked next to gigantic oil tankers at the South Florida seaport.
The biggest sailing yacht in the world, Koru, owned by centibillionaire Jeff Bezos, is a goliath that has completed its Mediterranean sojourn and has finally come to the United States of America. The 416-foot luxury schooner is currently in South Florida, docked at Port Everglades, per Marine Traffic. The largest space at the port caters to superyachts up to 400 feet. So massive is this $500 million megayacht of the Amazon boss that it doesn’t fit even in there. The floating asset is docked near a 610-foot-long oil tanker, Independence, and a similarly-sized tanker by the name of Seakay Sky.

Docking a luxury vessel as massive as Bezos’s boat is no cheap affair. According to Port Everglades docking rates, it costs $2400 (though chump change for the Amazon founder) for the Oceanco Yacht, previously known as Y721, to dock per day. The vessel, inspired by the Black Pearl, has been moored at the port for over two days and is not listed in the schedule for departure for the next week.

That’s a docking bill of almost $22,000 for 10 days that it may remain anchored at Port Everglades. However, it’s not the financial aspect that’s most remarkable, but rather the ship’s enormous size and stature, which challenge even the largest docks to accommodate it.

Koru is one of the world’s most luxurious ships, incurring a daily upkeep cost of $137,000 for the billionaire owner. These docking charges, in comparison, are relatively insignificant. The half-a-billion-dollar boat is nearly twice the length of an Airbus A380 with an internal volume of 3,300 GT. Moreover, its triple masts measuring 230 feet make the vessel nearly half the size of the Great Pyramid of Giza. Accommodating this maritime masterpiece is a formidable task, achieved by positioning it next to oil tankers.
In addition to being so gigantic, Koru is followed by a $75 million support vessel, Abeona. According to the port’s website, Abeona is headed to Freeport, Bahamas, and it’s likely only a matter of time before Koru follows suit. The 416-foot yacht left Gibraltar on November 9th and arrived in Florida on the 23rd, blocking its AIS and even prompting Port Everglades to delete details of the ship to maintain secrecy.
Written By
Neha Tandon Sharma
With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.
Yeah, this is pretty much going to be owned only by him. Once he's gone, nobody would buy it used as the cost of daily upkeep is insane. He could leave it to someone, I suppose, but they'd have the same problem.
It's his money of course, (and a very tiny bit from my wife's Amazon shopping), and it put a great deal of money in the shipbuilder's hands. And if it helps him avoid taxes, all the better. I'd rather his money go back into the economy than go to the government.
My parents were friends with a very rich guy. He invited them (and me at the age of 14 to 18) to go out on his yacht for a few long weekends.
The first time we show up and he is up sanding and staining the teak deck - 100’ yacht or so. He puts me to work which I was happy to do. I asked him how come he didn’t hire somebody to do this?
“This is part of my relaxation - working on a boat that I love. Away from the office, out in the sun on the water. This isn’t work!”
We were just on Lake Superior, but no staff - he did the charts and stuff. I was amazed as we crossed Lake Superior at night, he met up with his son coming across from the other side in the pitch black. This was late 1970’s, so before GPS and stuff.
One definition of ‘anchor’ is to tie securely...........
“It’s ugly”
Marjorie Merriweather Post said the same thing about the Hope Diamond … before she owned it.
It a proverbial ‘White Elephant’................
Note to self: Don’t hire RB as Court Lexicographer.
anchor ăng′kər
noun
1. A heavy object attached to a vessel by a cable, rope, or chain and dropped into the water to keep the vessel in place either by its weight or by its flukes, which grip the bottom.
2. A rigid point of support, as for securing a rope.
3. A source of security or stability.
4. An athlete, usually the strongest member of a team, who performs the last stage of a relay race or other competition.
5. The person at the end of a tug-of-war team.
6. An anchorperson.
intransitive verb:
7. To secure (a vessel) with an anchor.
8. To secure with a fastener or similar device: synonym: fasten.
9. To cause to be fixed in place; fix or immobilize.
10. To cause to feel attached or secure.
11. To provide a basis for; establish or found.
12. To serve as an anchor for (a team or competition).
13. To narrate or coordinate (a newscast).
14. To provide or form an anchor store for.
15. To drop anchor or lie at anchor.
Now that looks cool!.............
Hey, why do all the young Italian boys from Utica try to grow a mustache ?
So, they can look like Mama.
Fine.
You’re hired.
#69 & 70 Owning the sailing vessel and having a diesel powered support ship is like someone who owns an electric car and has a gas generator powering the “electric” charger.
Imagine spending the daily upkeep cost of $137,000
That works out to $50 million a year!!
Or the docking fee of $2,400 per day which is $876,000 a year just to anchor it.
Now that he has moved to Florida just where will he park the ship?
Funny ;-)
I think a lot of super rich people rent their yachts out for enormous prices to parties who want to cruise a while and will pay for it.
Maybe it’s just me, but this one seems kind of ugly to whore out that way - at least not for much money. There’s too much more attractive competition.
“there are more than a few Bezos employees making $17 an hour who will resent working in a warehouse”
What about the Washington Compost ex-employees laid off in budget cuts—now that is resentment...
Jeff Bezos has money but lacks class Putin chuckles.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.