Nero (yacht)

Motor Yacht Nero, Simpson Bay, St. Maarten
History
Name: Nero
Port of registry: George Town, Cayman Islands
Builder: Corsair Yachts and Yantai Raffles Shipyard
Launched: 2007
Identification:
General characteristics
Type: Super yacht
Tonnage: 1,413 GT
Displacement: 1,775
Length: 90.1 m (296 ft)
Beam: 12.0 m (39.4 ft)
Draught: 4.87 m (16.0 ft)
Installed power: 2 × 2,333 shaft horsepower (1,740 kW)
Speed: 17 knots (31 km/h; 20 mph)
Range: 4,559 at 13.5
Crew:
  • 20 crew
  • 12 guests

Nero is one of the world's largest luxury motor yachts, measuring 90.1 metres (296 ft) in length. The design was inspired by J.P. Morgan's Corsair yachts.[1] She was commissioned by Neil Taylor[2] and built in China at Yantai Raffles Shipyard[3] by Corsair Yachts in 2007 with architecture by IMT Marine Consultants.[4] She features a master duplex suite with ensuite bath and shower rooms, a private sundeck and swimming pool. Guest accommodation includes two 'VIP' suites and two cabins.[5]

She is one of the yachts in the Burgess Charter Fleet.[4] It was reported in 2009 that she was available for charter through the summer from €322,000 (US$421,000) per week.[6] The initial rates set in 2008 started at €476,000 (US$622,000) in low season and from €490,000 (US$640,000) in high season.[3] As of October 2012 the rates advertised by Burgess are €425,000/€385,000 (US$555,000/$503,000) (high/low).[7]

The yacht was listed for sale with Merle Wood & Associates and Burgess in 2009. The asking price was €75 million (US$98 million).[8] However, in April 2011, it was reported that the asking price for the yacht was reduced to €67.5 million (US$88.2 million).[1] The price was further reduced to €59.9 million (US$78.3 million) in 2012. Costa Crosiere Italy chartered the nero in April 2015 for its new Luxury Cruising Concept, to be Released in December 2015[9]

Nero and J.P. Morgan's legacy

Corsair II (built 1899 for J.P. Morgan)

The Nero was commissioned by London-born entrepreneur Neil Taylor.[2] He had originally intended to restore a yacht from J.P. Morgan's era but, when he was unable to find one that met his requirements, he set out to build a modern replica.[2]

Morgan built four large yachts with the name Corsair. The last, Corsair IV, launched in 1930, was 343 feet in length and cost of $2.5 million ($33.3 million in 2011 standards) .[2] Corsair IV was at the time the largest yacht ever built in the US.[10] Morgan used her for 10 years before turning her over to the British Admiralty in 1940.[10] After World War II, there was high demand from rich Americans for luxury cruises.[10] The Skinner and Eddy Corporation established Pacific Cruise Lines in 1946 and quickly acquired Corsair IV, converting her into a luxury cruise vessel.[10] The new Corsair (IV was dropped) began service in September 1947 offering two-week cruises out of Long Beach, California.[10] However, during a cruise to Mexico, she struck rock on 12 November 1949 and was beached at Acapulco.[10] She can now be explored by divers in the seas off Acapulco.[10]

Corsair II had been chartered by the US Navy in 1917 and, as the USS Corsair (SP-159), took part in patrols against enemy submarines off the west coast of France, being returned to Morgan in 1919 with an outstanding rescue record.[11] She was acquired by the US Navy in 1942 and renamed the USS Oceanographer (AGS-3), serving with the Coast and Geodetic Survey.[12] She was decommissioned in October 1944 and broken up for scrap.[12]

Corsair Yachts, Nero's shipbuilder, was a new facility created for the project at Yantai Raffles Shipyard on Shangdong Peninsula, China.[2] Taylor designed the yacht, which was built by 400 craftsmen over three and a half years.[2]

Awards

Nero won Best Motor Yacht over 75 metres (246 ft) at the 2009 ShowBoats International Design Awards.[9]

See also

References

  1. 1 2 Janssen, Maarten (4 April 2011). "€7,500,000 (US$9,800,000) price reduction on 90.1 metre superyacht Nero". Superyacht Times. Retrieved 18 October 2012.
  2. 1 2 3 4 5 6 Stern, Jared Paul (7 September 2009). "The Classicist: Cruise like J.P. Morgan in the Corsair Nero for $105 Million". Luxist. Retrieved 19 October 2012.
  3. 1 2 de Waard, Merijn (3 July 2008). "Nero – Corsair inspired superyacht ready for charter season". Superyacht Times. Retrieved 18 October 2012.
  4. 1 2 Janssen, Maarten (10 August 2012). "The 90 metre modern classic superyacht Nero in Capri". Superyacht Times. Retrieved 18 October 2012.
  5. ↑ Janssen, Maarten (24 July 2009). "July superyacht brokerage news from Burgess". Superyacht Times. Retrieved 18 October 2012.
  6. ↑ de Waard, Merijn (10 June 2009). "Nero at night off Monaco". Superyacht Times. Retrieved 18 October 2012.
  7. ↑ "NERO - Motor Yacht". Burgess. Retrieved 18 October 2012.
  8. ↑ de Waard, Merijn (7 July 2009). "Merle Wood lists 223ft Sycara V & 295ft Nero for sale". Superyacht Times. Retrieved 18 October 2012.
  9. 1 2 MacLean, Malcolm (15 May 2012). "Major price reduction on superyacht Nero at Burgess and Merle Wood". Boat International. Retrieved 18 October 2012.
  10. 1 2 3 4 5 6 7 Grace, Michael (30 July 2008). "The tragic life of the Corsair IV". New York Social Diary. Retrieved 19 October 2012.
  11. ↑ "Corsair". Dictionary of American Naval Fighting Ships. Retrieved 19 October 2012.
  12. 1 2 "Oceanographer". Dictionary of American Naval Fighting Ships. Retrieved 19 October 2012.

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