At the end of last month, Meyer Werft announced it had won an order to build a residential yacht.
To be named ‘Njord’, the ship was ordered by Ocean Residences Development Ltd (ORD), subject to finance being in place. She is scheduled for delivery by the end of 2025.
‘Njord’ will have a length of 289.30 m, a beam of 33.50 m, will be of 84,800 gt, be fitted with 117 apartments and will be able to accommodate around 1,000 crew and passengers.
She will be designed to meet the most stringent environmental requirements both on delivery and further down the line, Meyer Werft said.
The vessel will be powered by LNG fuelled engines and will be fitted with heat recovery systems and advanced energy management systems.
She has been designed as a mega-yacht and will feature low-emission LNG propulsion which, together with a hybrid battery system, will provide a speed of 21 knots.
To future-proof the vessel, the engines and fuel tanks will be prepared for easy conversion to future fuels with lower or neutral carbon footprints.
In collaboration with oceanographic research organisations and scientific groups, ‘Njord’ will fund research projects to help cross scientific boundaries and advance global ocean science.
Kristian Stensby, ORD’s Chairman and CEO, said: “We are fortunate to have the opportunity to partner with Meyer Werft, a company that has kept its shipbuilding company on course for 226 years – that’s seven generations – and who is a world leader in building innovative and complex passenger vessels with a stellar reputation for exceptional quality, precision and on-time deliveries.
“The ‘Njord’ has been very well received so far and is experiencing high demand for reservations,” he claimed.
Thomas Weigend, Meyer Werft Managing Director, added; “This is another very important step for securing the location in Papenburg. With the new order, we are expanding our portfolio of ship types and can thus also improve the previously difficult prospects, especially for the years 2024/2025.
“This order is urgently needed to ensure that the decline in capacity utilisation will not be even greater than 40% in these years. Many different measures and new orders are absolutely necessary for the company’s programme for the future,” he said.