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    The Dreamers

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    The Rich

    April 12, 2019
    James Packer's new $200million "gigayacht" has finally hit the water.

    James Packer's new $200 million "gigayacht" has finally hit the water.CREDIT:


    Built by Benetti in Livorno, Italy, the 108-metre long vessel was launched officially in a ceremony hosted by the Italian ship builder last week, offering the first glimpse of one of the biggest superyachts built anywhere in the world.Conde-named FB275, it is Benetti’s third "gigayacht" and its largest yacht so far.

    Weighing in at a whopping 3700 tonnes, the superyacht’s exterior lines were designed by British company RWD, while the interiors were developed by Benetti’s in-house team.Boasting a beam of 14.5 metres and a height of 30.4 metres, Packer's new ship will be hard to miss, especially if he ever manages to bring it to Sydney and moor it off the back of his new Crown Casino at Barangaroo, which friends say had been the casino mogul's long-term ambition.

    There is more than 1000 square metres of outdoor deck space alone, with the bridge deck featuring sun pads and a 1.5 metre fire-pit to toast marshmallows on chilly nights at sea.

    The owner’s deck is fitted with it's own private dining and seating areas, separate from those on the main deck.The foredeck offers storage for two tenders of 14 metres. Another 10-meter tender can be located in the yacht’s garage on the lower deck, with up to eight jet skis.Yes, eight.

    Designed for long distance cruising with no need to refuel,
    the 345,000-litre capacity tank means it has a range of 6500 nautical miles at a breezy 14 knots, though the ship's top speed is 18.5 knots.Last September Packer 'off-loaded his 55-meter Amels, EJI. Practically brand new and only intended as a interim yacht while the big Benetti was being built, Packer has long had a passion for large boats, and has previously owned the 50-metre Mangusta, Z as well as the 46-meter Leopard, Z Sydney. At one point he also had the 52-metre Amels, Seahorse.

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