Residential Yacht M/Y Njord flagged for 2025 debut

Ocean Residences Development sign deal with Meyer Werft

Computer animation M/Y Njord

Ocean Residences Development Ltd has inked an agreement with German shipyard, Meyer Werft, to construct a luxurious 117-residential apartment yacht.

At around 290 metres in length and 33.5 wide, the 84,800 gross tonne yacht named M/Y Njord will be powered by LNG engines and accommodate approximately 1,000 passengers and crew. Onboard will be 14 duplex and two triplex with private elevators – varying from two to six bedrooms, and from 137 to 848 square metres in size.

M/Y Njord will circumnavigate the globe, heading to destinations chosen by the residents who live aboard.

The ship is expected to be operational by the end of 2025, subject to financing approval.

Previously, DIV Shipbuilding Group’s yard in Brodosplit, Croatia had been earmarked to build the vessel and deliver it in 2024.

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On Friday [30 July 2021], Meyer Werft said M/Y Njord will be designed to adhere to “the most stringent environmental requirements both on delivery and further down the line”. In addition to its liquified natural gas engines and low-emissions, Njord will feature modern heat recovery systems, advanced energy management systems, and a hybrid battery system, which will propel the vessel at up to 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.”

Kristian Stensby, Chairman and CEO of Ocean Residences Development 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”.

Alain Gruber, COO of Ocean Residences Development told Forbes, “The purpose is that our guests will live in the most comfortable environment and we know that they will stay on board for four months. We will have a very international community from Northern America to Western Europe or Middle East and Australia”.

In collaboration with oceanographic research organisations and scientific groups, M/Y Njord will also fund research projects that help cross scientific boundaries and advance global ocean science.

View FM Architettura’s renders of the apartment-style living aboard M/Y Njord here.

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