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  • 131960
  • Property ID
  • 2023
  • Year Built
M/Y O3 ex. SHACKLETON 109m Explore Yacht by Lürssen Yachts 🇩🇪
  • €400,000,000

Description

Lürssen 110m Explorer Superyacht – O3 (ex-Project Shackleton / Icecap) – Latest Update 🚢❄️

As of February 2026, the highly secretive 110-metre Lürssen superyacht O3 is actively undergoing sea trials in Danish waters (North Sea region) after departing German shipyards. Spotted with her name prominently displayed, this marks the final testing phase ahead of imminent delivery in Q1 2026 (spring expected). Construction spanned nearly 8 years (started 2018), making O3 one of Lürssen’s longest and most closely guarded builds. 🌍🇩🇪

Core Specifications

  • Length Overall: 110m (360ft 11in / 361ft) 📏
  • Beam: 17.5m (57ft 5in)
  • Draft (max): 4.5m (14ft 9in)
  • Gross Tonnage: 6,300–6,499 GT (placing her ~rank 34 in YB100 by volume; top 50–60 by length globally) ⚖️
  • Hull/Superstructure: Ice-classed steel hull + aluminium superstructure | Teak decks
  • Decks: 5-deck configuration
  • Guests: Up to 20 in 10 cabins (1 master suite + VIPs & guest suites) 🛏️
  • Crew: ~30 (premium service ratio) 👨‍✈️
  • Flag: Marshall Islands (confirmed)

Build & Evolution Timeline 🏗️

  • 2018: Construction begins at Lürssen’s Peene-Werft (Wolgast, Germany) as Project Shackleton / Icecap – originally sold via Moran Yacht & Ship.
  • 2022: In-build resale & major redesign: Length extended to ~110m, large dedicated helideck/heli-hangar added, aft section heightened, exterior modifications for enhanced exploration. Transferred to Hamburg for final outfitting.
  • 2022: First sea trials glimpses (inverted bow revealed).
  • 2025: Launched; interior fit-out & systems integration in floating drydock.
  • Jan 2026: Departed Germany → sea trials in Denmark; name O3 confirmed on hull.
  • Delivery: Q1 2026 (imminent post-trials).

Design & Naval Expertise 🎨

  • Exterior Designer: Salt Ship Design (Norway) 🇳🇴 – rugged explorer aesthetic with inverted/X-bow (wave-slicing for reduced pitch, vibration, fuel use in rough seas).
  • Contributions: Espen Øino (naval architecture elements noted).
  • Interior Designer: CG Design (confirmed; premium materials: teak, marble, leather).
  • Naval Architecture: Lürssen / Salt Ship Design hybrid.

Exploration & Performance Capabilities ⚡🌊

  • True ice-classed expedition yacht: Built for polar (Arctic/Antarctic) to tropical voyages ❄️🌴.
  • Heli Operations: Certified touch-and-go helipad + hangar/refuelling (EC135-class compatible) ✈️.
  • Tender/Gear Storage: Open aft deck, cranes, garage for Zodiacs, submersibles, kayaks, diving gear, exploration equipment 🚤.
  • Propulsion: Diesel-electric hybrid (likely 3 × Wärtsilä engines ~2,007–2,692 hp each) for efficiency, reduced emissions, & battery banks for hotel loads 🌱.
  • Top Speed: ~20 knots
  • Cruising Speed: ~18 knots
  • Range: 6,000+ nm – transoceanic autonomy.
  • Stabilization: Zero-speed/at-anchor for comfort in extreme conditions.
  • Additional: Advanced navigation, dynamic positioning, satellite comms, energy-saving systems.

Ownership & Context 👑 Owned by Ukraine-born US/British billionaire Len Blavatnik (Access Industries founder; net worth est. $30–32B+). Blavatnik diversified from post-Soviet Russian investments into chemicals (LyondellBasell), oil, aluminum, media (Warner Music Group), real estate, & entertainment. O3 succeeds his prior Lürssen Northern Star (76m, 2009; sold 2021 as Bella Vita). The name O3 may reference his fleet (e.g., linked to Odessa II). Build value est. ~$350M; annual running costs ~$25–35M.

Standout Features

  • Massive volume for lavish guest/crew spaces, wellness centre (spa, gym), cinema, gourmet dining (indoor/outdoor), beach club potential.
  • Eco-conscious: Hybrid propulsion, large battery banks, efficient systems.
  • Built alongside naval vessels at Peene-Werft → exceptional durability & engineering.
  • Aligns with rising demand for capable explorer superyachts.

O3 stands as a pinnacle of Lürssen craftsmanship: extreme capability, discreet luxury, & go-anywhere pedigree. With sea trials progressing, she’s set to redefine expedition yachting upon delivery.

#O3 #Lurssen #Superyacht #ExplorerYacht #Icecap #ProjectShackleton #SeaTrials #LuxuryYacht 🚀🛥️

 

IMO: 9865738
Name: SHACKLETON
Vessel Type – Generic: Cargo
Vessel Type – Detailed: Houseboat
Navigational Status: Being built
MMSI: 211877600
Call Sign: DMBH
Flag: Germany [DE]
Gross Tonnage: 5885
Summer DWT: 
Length Overall x Breadth Extreme: 107 x 18 m

SHACKLETON Update 🇲🇭

109m Houseboat currently moored in Copenhagen 🇩🇰 (arrived 12 June).

Distance to Gibraltar: ~2,350 nm Estimated arrival: 25 June 2026 (7–9 days sailing)

She is expected to head south through the North Sea and English Channel toward Gibraltar. No confirmed departure date yet.

 

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Details

Updated on June 21, 2026 at 1:09 pm
  • Property ID 131960
  • Price €400,000,000
  • Property Type Lürssen Yachts
  • Property Status Sold
  • Yacht Name O3 ex. SHACKLETON
  • Ship Yard Lürssen Yachts
  • Yacht Designer Salt Ship Design
  • IMO 9865738
  • MSSI 211877600
  • Meters 107

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