New yacht project

Project Master

ICON Yachts Outfitting 70.00 m For Sale

Key Facts

Length
70.00 m
Beam
15.00 m
Draught
4.50 m
Builder
ICON Yachts
Type
motor_yacht
Gross tonnage
2801.00 GT
Guests
12
Cabins
6
Crew
25
Flag
Malta
Classification
Lloyd's Register (LR)
Cruising speed
10.00 knots
Maximum speed
14.00 knots
Charter availability
For Sale
Project status
Outfitting

Previous / Project Names

Previous names

OCEAN NESS, HAVILA TIGRIS

Project name

PROJECT MASTER

PROJECT MASTER is a 70m explorer conversion underway at ICON Yachts in the Netherlands. Fraser's current sales profile lists approximately 2,801 GT, accommodation for 12 guests in six staterooms with 25 crew, a 15m beam, 4.5m draft, 10-knot cruising speed, 14-knot maximum speed and 6,700nm range.

The project is based on the former North Sea emergency response and rescue vessel OCEAN NESS, originally built in Norway by Kleven Verft in 2001 as HAVILA TIGRIS. ICON Yachts records the original commercial-vessel lineage and identifies ICON / Conoship as naval architect for the conversion, with exterior design by Espen Øino and interiors by Winch Design.

Fraser currently markets PROJECT MASTER at €99.5 million and lists the yacht with a 2027 build year while stating that delivery is scheduled for 2028. The conversion completed a technical launch in Harlingen on 7 July 2025 before moving into ICON Yachts' dry dock for outfitting. Because the project combines a 2001 working-vessel platform, a 2025 technical launch and a current 2027 brokerage build-year label, Superyacht Guide leaves the canonical build and launch year fields unset until the conversion is completed, while preserving those dated milestones in the project record.

Project timeline

Project name PROJECT MASTER
Current status Outfitting
Construction yard ICON Yachts
Launch date July 7, 2025
Expected delivery 2028
Latest verified update Aug. 25, 2026

Latest progress

PROJECT MASTER is undergoing conversion and outfitting at ICON Yachts. Fraser currently lists the 70m project at €99.5 million, labels it 2027 built and states that delivery is scheduled for 2028. The project completed its technical launch on 7 July 2025.

Specifications

Length70.00 m
Beam15.00 m
Draught4.50 m
Gross tonnage2801.00
ConstructionSteel
Max speed14.00 kn
Cruise speed10.00 kn
Range6,700 nm
Machinery

Hybrid diesel-electric; 2 x Voith eVSP propulsion units; 5 x Scania generators (524 kW each)

Accommodation

Guests12
Cabins6
Crew25

Design

Naval architectureICON / Conoship
Exterior designEspen Øino International
Interior designWinch Design

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 Master
Builder
ICON Yachts
Project name
PROJECT MASTER
Project status
outfitting
Flag
Malta

Former / other names

OCEAN NESS HAVILA TIGRIS

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
€99,500,000
Valued at 25 August 2026
Estimated annual running cost
€13,930,000

Current public Fraser asking price observed on 25 August 2026. This is a source-backed asking price, not a Superyacht Guide current editorial valuation and not a completed sale price.

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.

2 recorded points
Highest recorded
€99,500,000
Lowest recorded
€99,500,000
25 August 2026 — Superyacht Guide estimate — €99,500,000 25 August 2026 — Asking price — €99,500,000
25 Aug 2026 25 Aug 2026

The line connects different types of recorded monetary values for visual context. An estimated value, asking price and documented sale price are not economically equivalent measures.

Date
25 Aug 2026
Valuation date
Record type
Superyacht Guide estimate
Value
€99,500,000
Evidence
Superyacht Guide valuation
Current public Fraser asking price observed on 25 August 2026. This is a source-backed asking price, not a Superyacht Guide current editorial valuation and not a completed sale price.
Date
25 Aug 2026
Date recorded by Superyacht Guide
Record type
Asking price
Value
€99,500,000
Evidence
Fraser — PROJECT MASTER yacht for sale
Current public asking price observed on Fraser on 25 August 2026. Asking price is not a completed sale price.
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.

7 Jul 2025
Launched
25 Aug 2026
Fraser Traces North Sea Rescue Vessel Origins of 70m Project MASTER
Superyacht Guide news

Passport evidence

Fraser — PROJECT MASTER yacht for sale
Supports: current_project/specifications/asking_price
Fraser — Project MASTER technical launch
Supports: actual_launch_date/project_status
Fraser — The Platform: the story behind Project MASTER
Supports: conversion_history
ICON Yachts — PROJECT MASTER 70M
Supports: original_platform/design/conversion

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 Master go?

157 public marina records are recorded with a maximum yacht length of at least 70.00 m.

Atlantis Marina Paradise Island

Paradise Island · Bahamas
Recorded maximum yacht length: 70.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Marina Frapa

Rogoznica · Croatia
Recorded maximum yacht length: 70.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Port Lympia Nice

Nice · France
Recorded maximum yacht length: 70.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Flisvos Marina

Palaio Faliro · Greece
Recorded maximum yacht length: 70.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Olympic Marine Lavrion

Lavrion · Greece
Recorded maximum yacht length: 70.00 m
Length-capable record only. Current berth availability, beam and draught suitability must be confirmed directly.

Cala del Forte

Ventimiglia · Italy
Recorded maximum yacht length: 70.00 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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