coral ocean yacht for sale

CORAL OCEAN Specifications

Lurssen Motoryacht CORAL OCEAN for Sale

Launched in 1994 and refit in 2016, CORAL OCEAN is widely acknowledged as one of the defining masterpieces of the late, legendary designer Jon Bannenberg. She features generous accommodations for 12 guests in 6 staterooms and is capable of carrying up to 19 crew. Much admired and often imitated, she is elegant, luxurious, sleek and understated – a true superyacht.

CORAL OCEAN features impressive facilities for leisure and entertainment making her ideal for relaxing with family and friends. She is powered by Caterpillar 3516 engines allowing her to reach a maximum speed of 17 knots. She cruises effortlessly at 14 knots and has a maximum range of 6,000 nautical miles.

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Coral Ocean

Motor Yacht

Coral Ocean is a 72.54m (237.99ft) motor yacht, custom built in 1994 by Lurssen Yachts. Bannenberg and Rowell is responsible for her beautiful exterior and interior design. She was last refitted in 2016.

Delivered in 1994, Coral Ocean is widely known as one of the defining masterpieces of the late legendary designer Jon Bannenberg. Much admired and often imitated, the 72.5-meter luxury yacht sports exterior lines and an interior styling that are still as fresh and contemporary as the day that she was launched. Her distinctive character is shaped by a Polynesian beach-house style with natural wood, rough marble and intricate shells against a backdrop that combines luxurious creams, beiges and browns. African and Asian accents and extraordinary ethnic artwork decorate the walls while cleverly located up-lighting enhances the “beach-house” atmosphere.

Coral Ocean has a steel hull and aluminium superstructure with a beam of 12.4m (40.68ft) and a 3.25m (10.66ft) draft. This custom displacement yacht is equipped with an ultra-modern stabilization system which reduces roll motion effect and results in a smoother more enjoyable cruising experience.

Performance + Capabilities Coral Ocean has a max speed of 16 knots and a range of 5000 nm from her 150000-litre fuel tanks. Coral Ocean Accommodation Coral Ocean offers accommodation for up to 12 guests. She is also capable of carrying up to 22 crew onboard to ensure a relaxed luxury yacht experience.  

• Yacht Builder Lurssen Yachts View profile
• Naval Architect Lurssen Yachts View profile
• Exterior Designer Jon Bannenberg No profile available
• Interior Designer Jon Bannenberg No profile available

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• CORAL OCEAN

On-Board  CORAL OCEAN

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By Nina Done | 31st May 2023

Flaunting her radical new look, YachtCharterFleet discovers why the iconic 73m (238ft) superyacht CORAL OCEAN is still turning heads.

Delivered in 1994 by the esteemed German shipyard Lürssen, CORAL OCEAN (formerly known as Coral Island) is arguably one of the defining masterpieces of the late and legendary yacht designer Jon Bannenberg. In 2022, the yacht received an impressive makeover that garnered her a special judges gong at the World Superyacht Awards 2023.

YachtCharterFleet recently had the pleasure of being hosted on board superyacht CORAL OCEAN across a number of prestigious events, where we were able to witness her spectacular metamorphosis for ourselves. 

Stunning interior design

Boasting a wow factor in spades, from the moment you step on board it is clear why charter yacht CORAL OCEAN has been lauded with so much praise. 

As part of her multi-million pound refit in Astilleros de Mallorca shipyard in Palma, her redesigned interiors – conceived by the esteemed London-based studio H2 Yacht Design – built on Bannenberg & Rowell’s original outfitting, following a further refresh in 2015. 

The motor yacht 's styling now offers a bright and airy scheme encompassing sumptuous furnishing and white reflective surfaces, with subtle coral motifs in blue and green accents adding a marine-inspired touch.

Proving no detail too small, a wealth of high-end designer brands have also been used for her luxury finishes, homewares and amenities throughout, including renowned design houses such as Dior, Dolce & Gabbana, Lalique and Paola Lenti, to name a few.

One of the first rooms you enter is her main salon, housing one of her most prominent features; a six-meter wide shell door opening offering guests a beautiful over-water balcony, creating a harmonious connection to her outside. 

There are also several sumptuous sofas and coffee tables, along with a separate lounge area on the port side featuring a recessed screen, perfect for keeping the kids entertained while you and your guests enjoy pre-dinner cocktails.

On this same level, adjacent to the main salon, you'll find a formal dining room with an exquisite table capable of seating 14 guests. This room also features two large wine storage cellars with capacity for over 200 vintages. Additional storage has been added to house a wide range of tableware and napkins – to ensure beautiful tablescapes to complement the Chef’s culinary masterpieces at every meal.

Further aft, a guest foyer connects all five decks; from her lower deck, where you’ll find a number of double guest cabins amidships, up to her dedicated owners deck, bridge deck and sun-kissed top deck. 

Dedicated Owner’s deck

Charterers are in for a treat with this beautifully appointed deck dedicated to the principal guests. Upon entry you are greeted by an elegant foyer adorned with a magnificent two-meter skylight flooding the area in shimmery turquoise light from the glass-bottomed pool on her sundeck.

This leads to a vast master stateroom, with a walk-in closet and his & hers ensuites featuring exquisite marble-clad showers and an infra-red sauna. Adjoining the suite is a beauty treatment room, where the yacht’s on-board beauty therapist can administer a range of heavenly treatments, such as Hydra facials, Lutronic LED light therapy, manicures and tinting, in your own private sanctuary. 

Presidential-like VIP suite

On her bridge deck, there is a further generous VIP cabin that could easily double as a master stateroom, featuring a slew of luxurious amenities including a spacious en suite, integrated office space and media equipment. 

For an extra special touch, this VIP cabin adjoins a private lounge and bar area, creating the option for a couple to live and entertain on their very own level, with access to a spacious outdoor deck area with additional seating. 

The remainder of CORAL OCEAN’s accommodation is located on her lower deck, where you’ll find four luxurious king size suites, each with its own en suite.

One of these cabins can also be converted into Hollywood singles, providing a high degree of versatility for a variety of charter configurations. 

Alfresco dining and socialising

Out on her main deck is a vast alfresco dining set up, incorporating a stunning Paolo Lenti center table for 12, with large aft sunpads either side cleverly converting into additional dining tables for 10 each. 

This area also features two forward port and starboard full service bars providing the perfect accompaniment for aperitifs and chic cocktails, whether you’re dining with friends or as part of an exclusive shoreside event for a bevy of guests. To cap it off, there is also a pizza oven, teppanyaki grill and full-service kitchen for the ultimate Chef’s table experience. 

Another thoughtful design feature here includes sliding glass panels and ceiling heaters that offer protection from the elements for a dual indoor-outdoor experience nonpareil.

Crowning glory

One of the most impressive transformations is her sprawling sundeck, which has been entirely rebuilt to encompass a re-designed Four Seasons glass spa pool, with a wide adjustable parasol providing respite from the midday sun, alongside a huge bank of sunpads positioned to offer unparalleled views while guests top up their tans.  

Sure to become the main social hub while on charter, this beautiful wide open space is encircled by glass balustrades offering protection from the elements, with unobstructed views across the water.  

The area also benefits from a stunning glass-enclosed sky lounge, offering everything from a fully stocked bar, cabana-style seating, adjustable dining tables for informal meals and state-of-the-art sound system.

An in-ceiling retractable screen with an opening sunroof adds a final flourish, presenting guests with an open air cinema experience under the stars, as well as the perfect venue for day to night parties for groups big or small.

Wellness & toys

The yacht also provides ample opportunity to relax and unwind in her waterside beach club spa, equipped with a generous sauna and exquisite mosaic-tiled Hammam for the ultimate indulgence experience. Direct access to the ocean is afforded by an adjacent swim platform outside the transom door.

For those who are keen on staving off the pounds while at sea, yacht CORAL OCEAN also offers an indoor/outdoor gym set up equipped with an array of exercise gear, including a Peloton, Fitbench, treadmill and rowing machine, all positioned to allow guests to work up a sweat while enjoying stunning views across the water.

Of course, no yacht would be complete without a toy chest, and CORAL OCEAN is certainly no slouch in that department. Her extensive toy inventory includes Seabobs, e-foiling boards, fishing tackle and a huge raft of inflatables; from a huge water slide to a sea pool pontoon. She also comes with an 8-meter guest RIB and 12-meter Pardo chase tender for memorable day-long excursions away from the mothership.

Built with entertainment in mind, she offers a wealth of relaxation and social areas. Whether for an intimate family charter, cruising with friends or catering to larger groups and events, CORAL OCEAN offers an unparalleled experience of elegance, class and sophistication on the water.

If you’d like to learn more about chartering motor yacht CORAL OCEAN, please contact a recommended yacht charter broker .

Charter Specification

• Coral Ocean

Builder Lurssen

Interior Designer Bannenberg & Rowell

Exterior Designer Bannenberg & Rowell

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LURSSEN MEGAYACHT CORAL OCEAN

LUXURY LURSSEN MEGAYACHT CORAL OCEAN FOR SALE

Launched in 1994 and refit in 2016, CORAL OCEAN is widely acknowledged as one of the defining masterpieces of the late, legendary designer Jon Bannenberg. She features generous accommodations for 12 guests in 6 staterooms and is capable of carrying up to 19 crew. Much admired and often imitated, she is elegant, luxurious, sleek and understated – a true superyacht. CORAL OCEAN features an impressive facilities for leisure and entertainment making her ideal for relaxing with family and friends. She is powered by Caterpillar 3516 engines allowing her to reach a maximum speed of 17 knots. She cruises effortlessly at 14 knots and has a maximum range of 6,000 nautical miles.

Marketed by  Moran Yachts  / More info  (PDF)

Caracteristics

• Year : 1994
• Flag : New Zealand
• Length : 238′ / 72.55M
• Beam : 42′9″ / 13.04M
• Engines : 2 x Caterpillar 3516
• Engines HP : 2,864 kW / 3,894 hp (combined)
• Engine Brand : Caterpillar
• Max speed : 17.0 kn
• Fuel tankage : 157,000 l
• Water tankage : 50,000 l
• Naval Architect : JON BANNENBERG
• Interior designer : JON BANNENBERG
• Boat type : Motor Yacht

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By SuperyachtNews 11 Jan 2018

72m ‘Coral Ocean’ listed for sale

The 1994 lürssen has been listed for sale with moran yacht & ship for €31.95 million.….

Moran Yacht & Ship has announced that it has listed the renowned 72m Lürssen build, Coral Ocean , for sale for a modest €31.95 million. The 1994-build, which is perhaps better known by its former name, Coral Island , is a significant project in Lürssen’s history, featuring a classic and opulent Jon Bannenberg design.

She already has a somewhat unique position on the market in so far as she is the only 70m+ purpose-built superyacht available for sale that was built in the 20th century. As such, she is priced at a very respectable €23,168/gross ton, which is almost exactly €15,000/gross ton lower than the average 70–80m second-hand motoryacht on the current market.

In 2016, Coral Ocean was sold to its current owners. She is said to be in excellent condition, having returned to Lürssen very regularly for maintenance and refit work. Her last significant refit was in 2016, with the bulk of the work completed relating to an upgrade from private to commercial compliance.

In 2017, Moran Yacht & Ship sold two second-hand Lürssens: 85.1m Solandge , for a final asking price of €155 million, and 75.4m Northern Star , for a final asking price of €83 million. It is thought that these were the second and third-largest brokerage deals of 2017 after Ulysses , which sold in September with a final asking price of $195 million, however, as we all know, final asking prices can bear no semblance to actual selling prices.

Coral Ocean joins 63.4m Polar Star on Moran Yacht & Ship’s current sales roster of second-hand Lürssens. The firm did also have the 78.4m Lürssen, TV , for sale until it was announced during the 2017 Monaco Yacht Show that Robert Shepherd from Edmiston had managed to recover the listing. 

Edmiston actually had the listing from September 2014 to July 2016, while the yacht was listed at an extortionate €130 million, before losing it to Moran Yacht & Ship, which successfully took on the listing under the condition that the price was dropped by an emphatic €38 million to a considerably more feasible €92 million. She remains unsold, however.

For an unrivalled insight into the health of the 70m+ new build market, and other sectors, sign up to The Superyacht Intelligence Business Package  for the most comprehensive presentation of fleet data in the market.

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Coral Ocean

• 73m | Lurssen | 1994 (2022)
• captain & crew
• specifications

An iconic 73m superyacht delivered as Coral Island by Lürssen back in 1994 (one of the yard’s biggest projects at the time) with an exterior profile designed by the godfather of modern yacht design Jon Bannenberg, Coral Ocean was purchased by Malouf in 2020 and, having recently undergone a 35million euro refit in 2022 at the Astilleros de Mallorca shipyard, she is now one of the most in-demand charter yachts on the market.

No stranger to large-scale refits – the Malouf family also transformed their 52.5m Baglietto motor yacht Mischief in 2016, which is now based in Sydney, Australia – Ian, Captain William Kaye and their team worked meticulously to ensure no detail was overlooked during the almost two-year refit, which is clear as soon as charter guests step on board and are engulfed by an aura of calm and serenity.

Be it an intimate family vacation or a charter with friends, Coral Ocean is set up to offer an unparalleled experience of elegance, class and sophistication, serviced by 22 crew members. Perhaps the most impressive space on board, her sundeck was rebuilt entirely during the refurb to create a more open and flexible space great for both relaxing and entertaining. At the same time, her old communications domes were removed, allowing the deck to be extended in size and increasing her total volume by 120GT.

Allowing for unobstructed views without compromising on safety, the huge open space is surrounded by glass balustrades, while the sunlounge also comes complete with a large umbrella creating the perfect spot for an afternoon siesta. It’s here you will also find the impressive glass bottomed spa pool, cleverly designed by the team behind the Four Seasons’ spas.

When it’s time to cool off, head on over to the stylish skylounge housing a full-service bar and aft balcony, with a high-tech sound system and an 85-inch TV doubling as an open-air cinema.

The largest dining space can be found on the aft deck, which is home to a stunning Paolo Lenti table seating up to 12 guests. Large sunbeds on each side also convert into dining tables for 10, while sliding glass doors and ceiling heaters provide protection from the wind while offering a dual indoor-outdoor experience. Ideal for foodie charters, it’s also home to two bars, a pizza oven and a teppanyaki grill where chefs can whip up delicious meals throughout the day. For more formal occasions, the elegant dining room was designed by renowned interior designer Blainey North with seating for 14 guests.

Step inside Coral Ocean and every space is fresh and bright, with white reflective surfaces and ocean-inspired accents of marine blues and greens. She sleeps up to 12 guests in six beautiful cabins, with a master suite to impress even the most discerning of charter guests, complete with panoramic views, a super-sized Hastens bed, his and her en suite bathrooms, a hair salon, an infra-red sauna and a private lounge.

Not to be outdone, the VIP suite is just as impressive, complete with a lounge that doubles as a cinema room or office, and four further cabins boast kingsize beds – one of which can be converted to Hollywood singles.

Coral Ocean is also an excellent choice for a wellness charter. Home to a Four seasons spa, indoor/outdoor gym and steam room, she also has her own private treatment room with an onboard therapist offering massages, facials, mani-pedis, waxing, tinting and LED light therapy. What more could you wish for?

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CORAL OCEAN Yacht – Phenomenal $50M Superyacht

Previously known as CORAL ISLAND, CORAL OCEAN yacht is an immaculate superyacht built in 1994 by world-renowned Lurssen in Germany.

Measuring in at a length of 72.5 meters she has previously been featured on display at the Monaco Yacht Show, Miami Yacht Show, and Palm Beach International Boat Show.

CORAL OCEAN yacht interior 

The stylish interior of the CORAL OCEAN yacht was designed by English designers Bannenberg & Rowell.

She features 6 suites that can comfortably accommodate up to 12 guests. The suites are comprised of two twins, two doubles, one VIP, and one master suite.

To cater to the guest’s needs are 19 highly trained crew members to provide optimal service. 

CORAL Ocean features impressive facilities built for leisure and entertainment. It features a pool as well as a well-equipped gym. 

CORAL OCEAN yacht Specifications

CORAL OCEAN measures a total length of 72.54 meters (238 ft). Her beam is 13.05 meters (42.8ft) long, and her draft measures 3.26 meters (10.7ft).

She weighs in at an impressive 1,379 tons. Powered by 2 Caterpillar engines she can reach top speeds of 17.4 knots, although her average cruising speed lies closer to 16 knots.

CORAL OCEAN yacht exterior 

The sleek exterior of this vessel was designed by none other than Bannenberg & Rowell Design.

They are no strangers when it comes to designing luxury superyachts having been responsible for the design of the 16th largest superyacht in the world, RISING SUN . 

When it came to the design of CORAL OCEAN it’s obvious they brought the same level of workmanship and quality to the project.

The upper decks are white which contrasts beautifully with the sandy-white beige hull. 

CORAL OCEAN yacht price

CORAL OCEAN was last refit in 2016 and now has an estimated value of US $50 Million with an annual running fee of $3-5 Million. 

CORAL OCEAN has a wide array of water toys and accessories to keep guests entertained. She is home to two F5S SEABOBS as well as Jobe Defiant waterskis that are a pleasure regardless of the experience level. 

In addition, she has a wide range of wakeboards, paddleboards, snorkeling equipment, and four Tenders to transport guests to their destination. 

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Inside the multimillion-euro refit of legendary 73m Lürssen Coral Ocean

Aesthetically untouched for a quarter of a century, the legendary Coral Ocean needed a particularly sensitive refit. Andrew Johansson admires the results...

"The only thing I really regret is getting off the boat. I really hate it – it’s crazy,” says businessman and serial yacht owner Ian Malouf, who took on what he believes to be the biggest self-managed rebuild to date. Taking on a yacht with such heritage and historical significance, ripping out its original Jon Bannenberg interior and building something new takes character, vision and a lot of guts.

Coral Ocean is a significant superyacht, one of the largest at launch and, despite (or perhaps because of) her secrecy for the first two decades of her life, an icon that marked a new era in yachting, especially for German shipyard Lürssen . As a result, when the Australian entrepreneur acquired her in 2019 with the intent to do a significant refit, whispered question marks over her future inevitably arose.

Malouf surprised himself when he decided to buy her. “The last thing I thought I would do is buy a boat of that age and it is a credit to Lürssen [that I did] really,” says the CEO of digital charter platform Ahoy Club. “We were looking at another larger boat and one of the guys from Lürssen – on hearing what I liked and was looking for – suggested that I look at Coral Ocean , which at the time was anchored just outside of Monaco. So we did,” Malouf says. “On the tender to the boat, I thought ‘Wow, I’m going to buy this boat.’ It was a bit of a like at first sight. It all unfolded very quickly after that.”

The visit he made with his wife and daughter only reinforced the strong emotion he felt before stepping on board. He recognised what had been achieved at the time of the yacht’s delivery in 1994 – she was a yacht of many firsts and a trendsetter at the time, with an original layout, folding balconies and a superb wellness area, for instance – and although he appreciated many of the spaces within the layout, he could also see new potential beyond the original tribal-inspired interior.

“Her history has instilled some good feelings. I think it was quite a fun boat for many years,  and there is nothing wrong with that,” says Malouf with a chuckle.

He left Monaco on the yacht in October 2019 with his family to get better acquainted with the latest addition to their fleet. They spent a week on board, pulling panels off, brainstorming what should be changed and exploring where the work could be done before deciding on the Spanish STP Shipyard in Palma de Mallorca.

“Initially, we thought the project was too big to be self-managed at STP and that we wouldn’t be able to do a €6 million [£5.2m] project. In the end, we landed up there and did a €35 million project instead,” says build captain Will Kaye, who also manages Malouf’s European yacht fleet. A rebuild project of such magnitude would be a significant undertaking for any organisation.

When he returned to Australia, Malouf entrusted Captain Kaye to manage the project. “The biggest challenge at the beginning was to find enough subcontractors able to take on a project of this size. We had well over 100 contractors – nearly 200 when you include all the small ones – all working on the vessel,” Kaye recalls. “If we were a full-service shipyard, they would all be vying for our business, which would have given us quite a bit of sway to enforce deadlines. Holding individual contractors to their timelines and getting  them all to integrate into the larger timescale  was the biggest challenge.”

With the assistance of H2 Yacht Design , Malouf set out an ambitious plan that would see two and a half levels of the upper deck gutted and rebuilt, which added approximately 150GT to the yacht’s volume. The owner’s suite sits on the new owner’s deck with skylights that flood the space with natural light in combination with new, wider windows that offer 180-degree panoramic views.

Four spacious guest cabins are on the lower deck where a new full-beam VIP suite compares favourably with the owner’s cabin in terms of size and comfort. Adjoining this VIP cabin is a private lounge, which can be used as a cinema, coffee area and office. “All the cabins are really generous, but the VIP cabin probably rivals most of the master cabins on any other boat,” Malouf says.

Other significant changes include the removal of the original coral and blue mosaic-lined plunge pool and the addition of a new glass-bottom spa pool on the sundeck. Framed by a glass balustrade, the sundeck is an inviting setting, and the new pool and sunbeds are steps away from the fully stocked bar in the new upper saloon. To provide flexibility and enhance the enjoyment of the space, the refit gave the upper saloon floor-to-ceiling retractable glass windows, providing an indoor-outdoor experience.

“Ian had a very clear idea about what he wanted to do, but as with every refit, there are many things to consider when radically changing the layout of an existing yacht,” explains James Bermudez, design director at H2 Yacht Design. “The boat was well known for its deep central pool, so we toyed with the idea of how we could incorporate this into a new scheme. We decided to remove it but kept the pool’s location on the sundeck, so that the stairs and existing structure could be retained.” The aft deck areas were also important, as the boat had to accommodate large group events. Outside catering requirements needed careful consideration.”

Producing a wow factor in terms of design and layout is only one part of a successful charter yacht. The other half of the equation falls to the crew and quality of service. Malouf considers himself to be easy-going but when it comes to service, there is no doubt about his expectations, on or off charter. Service was a key driver that led to the addition of dedicated storage, such as cabinets recessed within the fashion plate for glasses on the upper saloon, and workstations such as pantries, which were created without significantly taking away from guest areas. “All of this was thought of right from the beginning,” Kaye says. “Having enough space as a crew to operate properly was all considered.”

“It was a good learning experience and it also meant that we could do what we wanted without being tied to certain parameters,” Malouf says, reflecting on the success of the project. “There were some things we changed as we went – the upper saloon was going to be a gymnasium and thank God we did change [this plan], because now it is one of the most awesome places on the boat.”

Kaye says this was one of the most significant change orders during the project and it required quick alterations; design and build had to happen simultaneously to keep up with the timeline. Now, the sundeck is home to an upper saloon that is double the size of what the gym would have been and is a key attraction on board.  It features a new carbon-fibre roof and sympathetic styling cues on the exterior to ensure the modifications look original and in keeping with the overall design.

From very large details to minute ones, no expense was spared and with a €790,000-a-week fee for charter, details make a big difference.  For instance, the teak decking was replaced with 120-millimetre-wide planks and white carpet was installed on the interior to ensure superior comfort underfoot. “People expect a lot and so they are getting a lot on this. Normally, as soon as you buy a boat, you start to think about what you’ll do to the next one, but I’m not thinking like that at the moment,” Malouf says.

“I don’t feel like anything is missing. The other day, we had a fantastic time in the lounge near the formal dining area where the whole side of the boat opens out. Even the boat deck is fun to hang out on because it completely opens up. Looking at the year this boat was built and the spaces that it has, it is amazing. When people see the door that opens out to the side of the boat, they say ‘Wow, is that new?’ but, of course, it was there before, and Jon Bannenberg put that in boats way back then. That is what made  this boat so ahead of its time.”

The completion of Coral Ocean ’s rebuild was celebrated at the 2022 Monaco Grand Prix, with a guest list of 100 that included the senior team from the German superyacht builder. Philipp von Arnim, head of business development at Lürssen, was there and says what he saw was a different yacht. “What they have done is impressive,” he says, adding that many factors worked in favour of making the rebuild a quicker process. While Coral Ocean was enjoyed by its first owner for 22 years, an interim owner oversaw a conversion at Lürssen in 2016 that made her commercially viable.

The 1994 delivery of Coral Island – renamed Coral Ocean after its conversion – was the start of major yacht development at Lürssen, and as such the yacht holds a special place for members of the German shipyard, especially Peter Lürssen, managing director Frithjof Schmidt and sales director Michael Breman, who were all present at her launch. “They have such an attachment and association with that yacht that when Ian bought the boat three years ago, there were naturally voices internally wondering what was going to happen,” von Arnim explains.

“Ian is known in the industry for being a bit of a disruptor and wants to do things differently. However, when we were able to step on board and see what he had achieved, we were pleasantly surprised and came off the boat with big smiles. We applauded Ian for maintaining some of the features and layouts that were there before; even the name is still the same. He respects heritage while also looking forward. He saw what needed to be done to get the yacht in a good state for charter but also for himself and his family.”

The launch party for the boat was also an opportune moment for Malouf to share his thoughts on Lürssen’s build quality. “Ian repeated to me and Michael how impressed he was that, after 25 years, there were some things that he simply didn’t need to touch and that the build quality was very good,” von Arnim recalls. “Hearing this was a very proud moment for us. Everything else is design, which you can like or not like; the same is true for the layout. Hearing from an owner that he had bought something of substance here and that he’s happy to have bought the yacht is what you want to hear as a shipyard.”

Charters booking right from the start and a full calendar for the Caribbean season ahead are plentiful rewards for the team’s efforts and Malouf’s investment. “It has had a good charter season and has come out of the blocks running, with big names having already been on board and they have all been happy,” says Malouf, who admits that he doesn’t like leaving the boat and will spend as much time on board as he possibly can. However, when all is said and done, this project has been one of passion and commitment that required vision, a large investment and a high degree of trust.

“From when the real works began until the boat was finished, I never stepped foot on it. There were plenty of video calls but that was as close as I got and that shows the trust I have in the team as well. Trust is a big deal, because you can easily get ripped off with bills coming in and you don’t even know what half of it is,” says Malouf. “It isn’t  for the faint-hearted and if I didn’t have Will there, I wouldn’t try it again.”

However, try it he did and the yacht’s fame hasn’t diminished. Coral Ocean pulling into a port or marina is still an event celebrated by yacht fans the world over.

First published in the November 2022 issue of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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Yard : Lurssen Type : Motor yacht Guests : 12 Crew : 22 Cabins : 6 Length : 73 m / 239′7″ Beam : 12.4 m / 40′9″ Draft : 3.25 m / 10′8″ Year of build : 1994 Classification : Lloyds Registe Refit : 2009 Displacement : Full displacement Model : 3516 DITA Engine power : 1947 hp Total power : 3894 hp Maximum speed : 17 knots Cruising speed : 16 knots Gross tonage : 1379 Hull : Steel Superstructure : Aluminium Decking : Teak Interior designer : Bannenberg & Rowell Exterior designer : Bannenberg & Rowell Similar yachts New listings weekly rates from €650,000 Yachts for Charter CORAL OCEAN CORAL OCEAN Yacht for Charter Charter details. Stabilizers For a full list of all available amenities & entertainment facilities, or price to hire additional equipment please inquire. Accommodations Staterooms 7 Single Cabins 1 Twin Cabins 1 Double Cabins 6 Specifications Builder lurssen Length (LOA) 239' Year 1994 Year Refit 2022 Summer Rates 2024 Season. Rates p/week + expenses € 650,000 € 790,000 Similar Yachts for Charter Travel tips & resources. The Holiday of a Lifetime Awaits Our charter experts are ready to help you plan the trip of a lifetime New to Charter? All you need to know about yacht charter is in the pages of our expert guide Proud to be part of the MarineMax family © 2024 Northrop & Johnson Complete the form below and one of our experienced charter brokers will be in touch soon. Yacht Sales Destinations Monaco Grand Prix About Ahoy Club Meet The Team ICONIC SUPERYACHT REBORN & READY TO BE CHARTERED. CORAL OCEAN is an iconic 73m superyacht, built by Lürssen and designed by Jon Bannenberg the godfather of modern yacht design. Originally built in 1994, CORAL OCEAN was loved by private hands for most of her life and has now undergone an amazing 35 million Euro rebuild, arguably making her one of the most opulent and iconic superyachts available for charter. Whether an intimate family charter or cruising with a larger group, CORAL OCEAN was designed and developed to offer an unparalleled experience of elegance and sophistication on the water. LIFE ONBOARD CORAL OCEAN Swim and sun The jewel in the rebuild crown is the new Sundeck which has been entirely rebuilt to create an amazingly open and flexible space equipped with the latest must have features such as surrounding glass balustrades that enable unobstructed views. The stunningly redesigned spa pool with complimentary glass bottom was designed by Seable&Co to enable relaxation in style whilst taking in the spectacular coastal views. The refreshed spacious Sun lounge provides the ultimate in sunbathing on Dedar fabric mattresses and complete with full umbrella coverage to allow you to relax in comfort. The Dedar fabric can be found forward on the sundeck, and aft of the other exterior decks giving her the most glamorous aerial view. Rise and Shine The Master Bedroom situated on the new Owner’s deck boasts a newly built private area complete with every desired amenity and equipped with two magnificent skylights looking into the sundeck ensuring an abundance of natural light, which can then be closed for block-out closure. The windows underwent a transformative change by extending the glass to offer panoramic 180-degree views can be enjoyed from the Hasten super-sized king bed, complimented by a Dior cashmere throw, to ensure stunning views from the moment you wake. It is rare on any yacht for the VIP Suite to be considered the equivalent of the Owner’s cabin but this is what has been delivered aboard Coral Ocean. Presidential in nature with unrivalled amenities, this room provides the perfect option for those charterers who don’t want to compromise their invited guests. On the lower deck, guests will discover four generous bedrooms complete with king beds, Analu bedding and each with its own luxurious ensuite. All cabins are fully equipped with Totti toilets, Dior soaps and perfumes, Ikou organic products, Oribe hair products and Hermes and Chanel toiletries. These incredibly designed cabins with fully equipped amenities will ensure that everyone on board will experience the ultimate in style and comfort within their very own private sanctuary. Dining and Entertainment To the aft of the Owner’s suite is a completely revitalised space that can host events of any format and size. Sliding glass and ceiling heated panels provides protection from the wind and offers a dual indoor-outdoor experience ideal for those beautiful Mediterranean days and evenings. The centre contains a striking Paola Lenti table for 12, with two smartly designed retractable lounge-tables allowing for a unique seating capacity of 32 people, complimented by two fully serviced bars and service areas, pizza oven, teppanyaki grill and kitchen equipment to allow for the ultimate Chefs entertainment experience. As the largest level on the boat, the main deck boasts an impressive array of spaces that can be tailored for any private or public occasion. The main salon features its original 5m opening shell door creating a balcony over the sea for an iconic evening cocktail over the water. Forward of this, you enter the exquisite dining room which can host up to 14 people so that guests can savour the most eloquent of dinner parties. The centrepiece of the space was designed by Blainey North which guests will dine in style with high-end crockery, glassware, and cutlery from brands like Saint Louis, Carlo Moretti and Christofle Rest and Relaxation The Sky lounge on the Sun deck is ultimate relaxation space and has it all. The full-service bar, round dining table, aft balcony and observation area is an amazing combination suitable for any meal or social occasion. It is further equipped with a full range of gadgets including an indoor and outdoor sound system, in-built electric skylight roof and in-ceiling retractable 85-inch TV. One level down and adjoining the VIP Suite is a full-size private lounge room, which has multiple uses as a movie cinema, general lounge, coffee area as well as an integrated office space. The opulent interior pays homage to the classic design with the use of organic textures and elegant finishings. Bespoke designer furniture from provides a centrepiece of style, sophistication and comfort and alongside the unique 6-metre-wide side opening door, the lounges provide the perfect space for either relaxing evenings or pre and post-dinner cocktails. Not to mention the 15m Funair pool extension off the stern should guests wish to relax and unwind by the water’s edge. Health and Lifestyle Coral Ocean is fully equipped to cater for all health and lifestyle needs. The Master Bedroom comes with its own treatment room provides an adjoining private sanctuary for all your beauty requirements. Unwind in the infrared sauna, spoil yourself at the hair salon and enjoy the luxurious bathrooms fully stocked by Ikou products, Dior soaps and perfumes, Hermes and Chanel toiletries and Oribe hair products. Alternatively, enjoy a relaxing massage, have yourself a manicure, pedicure and finally treat yourself to a facial from your very own onboard beauty therapist who can bring your skin back to life with products. For those looking for something more active, the main deck comes with its own indoor-outdoor gym overlooking the ocean, providing the perfect surrounds for that exercise session with the latest and greatest equipment. The opening sides allow you to exercise alongside breathtaking views and the water is so close that it will entire you to jump straight in after your workout. The spa area on the lower deck provides direct access to or from the water and features a peaceful and generous steam room fitted with tranquil mosaic tiles. Make an Enquiry CORAL OCEAN YACHT PRICE More About CORAL OCEAN CORAL OCEAN Yacht Price Summary Status: This yacht is only on our website for charter. Learn about the CORAL OCEAN yacht price and specifications below,  along with a sampling of similar luxury yachts for sale. The listed luxury yachts for sale on this page range in size from 65m / 216ft to 83m / 271ft , while the median age is 17 years. The sale price of each luxury yacht below has many factors, including which of the luxury yacht builders built the yacht, the level of fit and finish, the current condition, the year, and more. To better understand the CORAL OCEAN yacht price and what it entails, simply speak with one of our luxury yacht brokers and request a custom detailed yacht report . Our reports are current and include the most accurate information available on motor yachts for sale and motor yachts for charter , worldwide. Page Contents Download PDF Brochure , Download PDF Brochure Contact: Merle Wood & Associates | web(Contact us at)merlewood.com | +1.954.525.5111 * Not offered for sale or charter to U.S. residents while in U.S. waters unless under a boat show bond or in an FTZ. CORAL OCEAN Yacht Price & Rates Eur usd gbp sar cny brl chf rub aud. select a currency ASKING PRICE Send Enquiry CHARTER PRICE The CORAL OCEAN yacht was built by Lurssen Yachts, and delivered in 1994. The length is 237.9 ft / 72.5 m, she measures 1,528 gross tons, and her interior layout accommodates guests in 7 staterooms. Many elements including performance, level of fit and finish, amenities and more, determine how much a yacht costs. If there is no CORAL OCEAN yacht price, you can rely on the experience and expertise of the yacht brokers and specialists at Merle Wood & Associates in evaluating the purchase of a luxury yacht. If you’d like to know the weekly rate of the CORAL OCEAN yacht for charter , and if she is available for a yacht charter vacation, view the CORAL OCEAN yacht charter price and summary. Interested In The CORAL OCEAN Yacht? Coral ocean yacht info, coral ocean yacht location, coral ocean yacht photos, coral ocean yacht specs. For general information, location, photos and specifications, view the options above. Here you will find more detailed information about the CORAL OCEAN yacht. For more information on the CORAL OCEAN yacht price, scroll down. About The CORAL OCEAN Yacht Price The CORAL OCEAN yacht price is not available because it is believed to be NOT for sale. The yacht brokers at Merle Wood & Associates have relationships with captains and clients of the most notable yachts worldwide. To enquire about a yacht for sale, or to request a showing along with a full market analysis, simply contact a qualified luxury yacht broker at Merle Wood & Associates. As an internationally recognized leader in the sales, marketing and chartering of the most discerning yachts world-wide, we are dedicated to providing a first class buying experience to all of our clients. 1-954-525-5111 web(Contact us at)merlewood.com   About us I'm interested in: Chartering a yacht Buying a yacht Selling a yacht Charter marketing Building a yacht Other Please leave this field empty. Similar Luxury Yachts For Sale Asking price $ .:. Guests: Staterooms: Crew: Length: Beam: Draft: Speed: Builder: Built: Naval Architect: Exterior Stylist: Interior Stylist: Flag: Gross Tonnage: Classifications: Full Specs: Charter Price: CORAL OCEAN 13 7  22  237.9 ft / 72.5 m  42.7 ft / 13 m  12.1 ft / 3.7 m  15 knots  Lurssen  1994  Lurssen  Jon Bannenberg  IBL Design  Marshall Islands  1,528  Lloyd's Compliant  CORAL OCEAN yacht specs CORAL OCEAN yacht charter price 15 7  25  270.7 ft / 82.5 m  40.7 ft / 12.4 m  11.5 ft / 3.5 m  16.5 knots  Abeking & Rasmussen  2013  Abeking & Rasmussen  Sam Sorgiovanni  Jim Harris  Cayman Islands  2,240  Lloyd's, MCA Compliant  SECRET yacht specs SECRET yacht charter price 20 8  19  223.8 ft / 68.2 m  41 ft / 12.5 m  12.1 ft / 3.7 m  17 knots  Nobiskrug  2010  SDC & Nobiskrug  Nobiskrug (Germany) / Craig Beale-Pure Detail (Australia)  Craig Beale/Pure Detail  Cayman Islands  1,566  Lloyds, MCA Compliant  SYCARA V yacht specs SYCARA V yacht charter price USD 47,500,000 13 7  18  221.5 ft / 67.5 m  37.4 ft / 11.4 m  12.5 ft / 3.8 m  16 knots  Icon Yachts  2010  Icon Yachts  Redman Whiteley Dixon  Studio Linse  Cayman Islands  1,295  Lloyd’s 100A1 SSC Yacht, Mono G6, LMC, UMS, LY2  LOON yacht specs LOON yacht charter price 16 8  24  216.5 ft / 66 m  39 ft / 11.9 m  16.4 ft / 5 m  15 knots  Oceanco  2005  Oceanco  Oceanco  Alberto Pinto  Cayman Islands  1,801  Lloyd's  LUNA B yacht specs LUNA B yacht charter price More Yachts For Sale & For Charter CORAL OCEAN Yacht Price and Rates The CORAL OCEAN yacht price and charter rates have been displayed to provide our visitors the most current and accurate data for the luxury yacht CORAL OCEAN. If you would like to report an error or submit additional information about the CORAL OCEAN, please contact our luxury yacht intelligence team . At Merle Wood & Associates, we focus on providing the best user experience throughout our website for our visitors. We achieve this by using cookies, which store a little information from your browser. If you would like to learn more, please see our privacy and cookies policy . Yacht Search Charter a Yacht Buy A Yacht Build a Yacht Sell a Yacht Your Name (required) Your Message Please call me Please email me Your Phone (required) CANCEL Please leave this field empty. Toys & Games Building Toys Building Sets Enjoy fast, free delivery, exclusive deals, and award-winning movies & TV shows with Prime Try Prime and start saving today with fast, free delivery Amazon Prime includes: Fast, FREE Delivery is available to Prime members. To join, select "Try Amazon Prime and start saving today with Fast, FREE Delivery" below the Add to Cart button. 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Image Unavailable To view this video download Flash Player LEGO City Explorer Diving Boat 60377 Ocean Building Toy, Includes a Coral Reef Setting, Mini-Submarine, 3 Minifigures and Manta Ray, Shark, Crab, 2 Fish and 2 Turtle Figures Purchase options and add-ons Toy ocean exploration boat building set – Kids can dive deep into imaginative adventures with this LEGO City Explorer Diving Boat (60377), packed with features for a fun play experience What’s in the box? – Everything kids need to build a toy inflatable boat, minisub and coral reef setting, plus 3 explorer minifigures and manta ray, hammerhead shark, crab, 2 fish and 2 baby turtle figures Working crane – Kids can use the ship’s crane to deploy the mini-submarine before setting out in search of sunken treasure A fun birthday gift idea for 5 year old budding explorers – Bring imaginative ocean adventures home when you give this LEGO playset as a birthday or any-other-day gift Dimensions – The Diving Boat measures over 2.5 in. 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Delivered to a proud yacht owner in 1994 and refit in 2022, this luxury yacht sleeps up to 13 guests in 7 staterooms and has accommodations for 22 crew. She has a beam of 42.7ft / 13m, a draft of 12.1ft / 3.7m, and she measures in at 1,528 gross ... CORAL OCEAN Learn more about Lurssen luxury motoryacht CORAL OCEAN, available for sale with Moran Yacht & Ship. Launched in 1994 and refit in 2016, CORAL OCEAN is widely acknowledged as one of the defining masterpieces of the late, legendary designer Jon Bannenberg. CORAL OCEAN Yacht • Ian Malouf $50M Superyacht The yacht once housed a stolen Picasso painting, "Buste de Femme," valued at US$ 30 million, which was recovered in 2019 and returned to its rightful owner. The Coral Ocean Yacht, valued at $50 million with an estimated annual running cost of $5 million, stands as a testament to the enduring allure and evolution of luxury yachts. 72m Lürssen superyacht Coral Ocean for sale Built in Germany by Lürssen to a design by the late John Bannenberg and launched in 1994 bearing the name Coral Island, this steel-hulled displacement yacht completed a major refit in 2016 and went on to steal the show as one of the biggest yachts on display at the prestigious Monaco Yacht Show. Lloyd's compliant, her 1,379GT interior can accommodate up to 12 guests split across six ... Coral Ocean Yacht Charter CORAL OCEAN is a 73m luxury motor mega yacht available for charter built in 1994, refitted in 2022. Charter up to 12 guests in 7 cabins (1 Master, 1 VIP, 1 Single & 5 Double) with a crew of 22. Coral Ocean Yacht Specs CORAL OCEAN YACHT SPECS - 237.9ft / 72.5m luxury mega yacht was built by Lurssen in 1994. View full specs & similar luxury yachts for sale. 72.5m Coral Ocean Superyacht Coral Ocean is a luxury motor yacht built in 1994 by Lurssen Yachts. Click for more information about this superyacht, including specifications, images, vi… Coral Ocean Yacht Review Delivered in 1994 by the esteemed German shipyard Lürssen, CORAL OCEAN (formerly known as Coral Island) is arguably one of the defining masterpieces of the late and legendary yacht designer Jon Bannenberg. In 2022, the yacht received an impressive makeover that garnered her a special judges gong at the World Superyacht Awards 2023. LURSSEN MEGAYACHT CORAL OCEAN LUXURY LURSSEN MEGAYACHT CORAL OCEAN FOR SALE Launched in 1994 and refit in 2016, CORAL OCEAN is widely acknowledged as one of the defining masterpieces of the late, legendary designer Jon Bannenberg. She features generous accommodations for 12 guests in 6 staterooms and is capable of carrying up to 19 crew. SuperyachtNews.com Moran Yacht & Ship has announced that it has listed the renowned 72m Lürssen build, Coral Ocean, for sale for a modest €31.95 million. The 1994-build, which is perhaps better known by its former name, Coral Island, is a significant project in Lürssen's history, featuring a classic and opulent Jon Bannenberg design. CORAL OCEAN yacht (Lurssen, 72.55m, 1994) CORAL OCEAN is a 72.55m superyacht built by Lurssen in Germany and delivered in 1994. Explore her photos and specifications here. Coral Ocean Yacht Photos The CORAL OCEAN yacht photos showcase details that can only be found on a luxury yacht of this caliber. From marble-laden en suites, to immaculate furnishings and custom millwork - all of these select attributes come together to form 237.9 ft / 72.5 m of floating luxury travel. Accommodating 13 guests, each stateroom is inviting, comfortable ... MY Coral Ocean 73m (1994) The full story of MY Coral Ocean 73m, built in 1994. Having undergone a 35million euro refit in 2022, she is now one of the most in-demand charter yachts on the market. CORAL OCEAN Yacht CORAL OCEAN Yacht - Phenomenal $50M Superyacht. Previously known as CORAL ISLAND, CORAL OCEAN yacht is an immaculate superyacht built in 1994 by world-renowned Lurssen in Germany. Measuring in at a length of 72.5 meters she has previously been featured on display at the Monaco Yacht Show, Miami Yacht Show, and Palm Beach International Boat Show. Coral Ocean: Inside the multimillion-euro refit of ... Coral Ocean is a significant superyacht, one of the largest at launch and, despite (or perhaps because of) her secrecy for the first two decades of her life, an icon that marked a new era in yachting, especially for German shipyard Lürssen. As a result, when the Australian entrepreneur acquired her in 2019 with the intent to do a significant ... Motor yacht Coral Ocean Coral Ocean is a 73 m / 239′7″ luxury motor yacht. She was built by Lurssen in 1994. With a beam of 12.4 m and a draft of 3.25 m, she has a steel hull and aluminium superstructure. This adds up to a gross tonnage of 1379 tons. She is powered by engines of 1947 hp each giving her a maximum speed of 17 knots and a cruising speed of 16 knots. The motor yacht can accommodate 12 guests in 6 ... CORAL OCEAN CORAL OCEAN is an iconic 73m (238ft) superyacht, built by world's leading shipyard Lurssen and designed by Jon Bannenberg. Formerly known as Coral Island, this is the yacht that changed the superyachts' design forever. CORAL OCEAN underwent a transformative refit in 2022 with no expense spared, and no detail left incomplete. Whether an intimate family charter or cruising with a larger ... CORAL OCEAN Yacht for Charter Click here to discover CORAL OCEAN yacht for charter. This 239' (73m) 7 Cabins yacht by lurssen is for rent with Northrop & Johnson. Coral Ocean Coral Ocean is an iconic 73m superyacht, built by Lürssen and designed by Jon Bannenberg the godfather of modern yacht design. Formerly known as Coral Island, this is the yacht that changed superyacht design forever by introducing the modern structure that so encapsulates the vessels of today. Whether an intimate family charter or cruising ... CORAL OCEAN Yacht For Charter Motor Yacht CORAL OCEAN for Charter At 237.9 ft / 72.5 m, the CORAL OCEAN yacht for charter was built by Lurssen, and launched in 1994, and refit in 2022. SuperYacht Times Coral Ocean is a motor yacht with a length of 72m. The yacht's builder is Lürssen Yachts from Germany who delivered the superyacht Coral Ocean in 1994. Coral Ocean Yacht Coral Ocean The yacht is available for charter. She is not listed for sale. Your contact details here? 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