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Project 1014

Feadship Sea trials 101.20 m 2026 Netherlands Privately Owned ★ 2 Star Superyacht Guide Award

Key Facts

Length
101.20 m
Beam
15.20 m
Draught
4.30 m
Builder
Feadship
Year
2026
Type
motor_yacht
Gross tonnage
3840.00 GT
Flag
Cayman Islands
Country
Netherlands
Charter availability
Privately Owned
Project status
Sea trials

Previous / Project Names

Previous names

Feadship 1014

Project name

Project 1014

Superyacht Guide Award

Superyacht Guide Yacht Star

★★☆☆☆

2 Stars - Good standard

A major 100m-plus Feadship project with strong design pedigree and verified official launch/sea-trial information. Rating kept conservative pending fuller public technical and operational data.

100m-plus yacht Official source checked Feadship build

Last reviewed: May 24, 2026

Superyacht Guide Awards are editorial ratings based on available information and review criteria.

Project 1014 is a 101.20-metre Feadship motor yacht launched in 2026 and seen on sea trials in the North Sea in May 2026. The yacht was completed at Feadship's Makkum facilities after arriving there for outfitting in November 2024. Publicly released information describes Project 1014 as a large displacement superyacht with a steel hull and aluminium superstructure, a deep navy hull, subtle bronze detailing and long, uninterrupted exterior lines. The exterior design is by RWD. The interior is a collaboration between RWD and Paris-based Chahan Design. Naval architecture is by Azure Yacht Design & Naval Architecture. Reported principal dimensions are 101.20 metres length overall, 15.20 metres beam and 4.30 metres loaded draught, with an estimated gross tonnage of around 3,840 GT. Public accommodation, machinery, speed, range, IMO, MMSI, ownership and value details have not been confirmed and are therefore not listed.

Project timeline

Project name Project 1014
Hull number 1014
Current status Sea trials
Construction yard Feadship, Makkum, Netherlands
Latest verified update May 21, 2026

Latest progress

Feadship Project 1014 completed its latest recorded North Sea trials on 21 May 2026.

Specifications

Length101.20 m
Beam15.20 m
Draught4.30 m
Gross tonnage3840.00
ConstructionSteel hull and aluminium superstructure

Design

Naval architectureAzure Yacht Design & Naval Architecture
Exterior designRWD
Interior designRWD / Chahan Design

Ownership intelligence

Accounts & Financial Intelligence

Indicative ownership costs for Project 1014, separating routine operating expenditure from capital expenditure and major-refit reserves.

Estimated Low confidence
Estimated yacht value€278,400,000€208,800,000–€361,920,000
Annual OPEX€38,976,000€29,232,000–€52,617,600
Annual capital reserve€6,960,000€4,176,000–€11,136,000
Monthly ownership cost€3,828,000OPEX plus reserve
Five-year ownership cost€229,680,000Before acquisition and finance
OPEX / yacht value14.0%Central estimate
Annual operating expenditure
CategoryAnnual estimateStatus
Berthing, ports and agency fees€3,118,080Estimated
Communications, IT and security€779,520Estimated
Crew salaries and employment costs€13,641,600Estimated
Fuel and lubricants€4,677,120Estimated
Insurance€1,948,800Estimated
Maintenance and routine repairs€7,795,200Estimated
Yacht management and administration€1,169,280Estimated
Provisions and hospitality€2,338,560Estimated
Flag, registration, class and surveys€779,520Estimated
Tenders, toys and deck equipment€1,559,040Estimated
Travel, training, medical and uniforms€1,169,280Estimated
Capital expenditure and refit history
ItemAmountYearStatus
No reported yacht-specific capital transactions have yet been added.
Sources, assumptions and methodology

Indicative SYG estimate. Value basis: Length-and-age model using length. Central annual OPEX uses the established 14% of estimated yacht value fallback, adjusted for yacht age where available. Low and high cases reflect utilisation, condition, crewing, fuel, berthing and maintenance uncertainty. Capital reserve is shown separately from routine OPEX. Figures must be replaced or upgraded when reported accounts, invoices, court records or other yacht-specific evidence is available.

Calculation version: SYG-FI-1.0 · Last reviewed: 25 July 2026

Financial figures may include reported expenditure, source-derived calculations and indicative estimates. Estimated figures are not audited accounts, quotations or financial advice.

Yacht intelligence

Superyacht Passport

A dynamic record assembled from Superyacht Guide yacht data, sourced ownership records, construction milestones, valuations, sale listings and related reporting.

Identity

Current name
Project 1014
Launch year
2026
Builder
Feadship
Hull number
1014
Project name
Project 1014
Project status
sea_trials
Flag
Cayman Islands

Former / other names

Feadship 1014

Names are displayed as recorded in Superyacht Guide. Their chronological order is not implied unless supported by dated evidence.

Ownership & provenance

No sourced ownership record is currently published for this yacht.

Market snapshot

Estimated current value
€349,200,000
Valued at 23 June 2026
Estimated annual running cost
€48,888,000

Public build/value estimate of approximately US$400 million for Feadship Project 1014, subsequently identified publicly as Destiny. Converted to approximately €349.2 million using the ECB reference rate of EUR 1 = USD 1.1456 on 22 June 2026. Superyacht Guide valuation assessment date: 23 June 2026. VALUE_CLASS: PUBLIC_ESTIMATE_VALUE. This is a public asking price, reported transaction value, build-cost estimate or published yacht-value estimate. It is not a certified valuation. Approximate annual operating cost calculated at 14% of the imported yacht value under the Superyacht Guide operating-cost methodology. This covers an estimated total operating budget, including crew, fuel, berthing, insurance and routine maintenance. A reliable yacht-specific operating budget should override this percentage estimate.

Valuation source / evidence

Values and running costs are estimates unless explicitly identified as documented transaction figures.

Yacht Value History

Permanent Superyacht Guide market records showing estimates, asking prices and, where verified in future, documented transaction or financial values.

1 recorded point
Date
23 Jun 2026
Valuation date
Record type
Superyacht Guide estimate
Value
€349,200,000
Evidence
Superyacht Guide valuation
Public build/value estimate of approximately US$400 million for Feadship Project 1014, subsequently identified publicly as Destiny. Converted to approximately €349.2 million using the ECB reference rate of EUR 1 = USD 1…
How to read this history: Superyacht Guide estimates, brokerage asking prices and documented transaction values are stored as separate record types. The first baseline record marks the beginning of permanent Superyacht Guide value-history tracking; the absence of an earlier record does not mean the yacht had no earlier market value or sale history.

Yacht timeline

Dated milestones and Superyacht Guide records, ordered chronologically.

Passport evidence

Superyacht Guide distinguishes sourced records, estimates and reported information. Evidence shown here reflects sources attached to this yacht record and may be updated as new verified information becomes available.

Where can Project 1014 go?

39 public marina records are recorded with a maximum yacht length of at least 101.20 m.

Port Louis Marina

Grenada
Recorded maximum yacht length: 105.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Limassol Marina

Limassol · Cyprus
Recorded maximum yacht length: 110.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Flisvos Marina Athens

Athens · Greece
Recorded maximum yacht length: 110.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

IGY Marina Cabo San Lucas

Cabo San Lucas · Mexico
Recorded maximum yacht length: 110.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Marina Bizerte

Bizerte · Tunisia
Recorded maximum yacht length: 110.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Silo Marina Auckland

Auckland · New Zealand
Recorded maximum yacht length: 115.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.
Explore all length-capable marinas

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Similarity is calculated from recorded Superyacht Guide data. A high match score does not imply identical design, condition, specification or market availability.

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