Project Lightning
Superyacht Guide Award
2 Stars - Good standard
Scheherazade is recognised as an exceptional giga yacht for her Lürssen construction, scale, Espen Øino exterior design and significance among the world’s largest private yachts.
Last reviewed: May 9, 2026
Superyacht Guide Awards are editorial ratings based on available information and review criteria.
Scheherazade is a 141.96-metre custom motor yacht built by Lürssen and delivered in 2020. Known during construction as Project Lightning, she is one of the largest private yachts in the world and has become one of the most widely discussed yachts because of her scale, secrecy and sanctions-related public reporting.
The yacht has exterior design by Espen Øino International and interior design publicly associated with François Zuretti. Her exterior profile is long, formal and imposing, with a high-volume superstructure, broad decks and the visual presence expected of a modern giga yacht.
Scheherazade is built with a steel hull and aluminium superstructure and has a gross tonnage of approximately 10,167 GT. Her beam of around 23.3 metres gives her exceptional interior volume and allows for extensive guest, owner and service spaces across multiple decks.
Public information about her interior and private arrangements remains limited, but public sources refer to amenities such as helicopter facilities, large guest spaces, a pool arrangement, wellness areas and extensive service capacity. As with many very large private yachts, some claims about onboard features should be treated cautiously unless supported by primary sources.
The yacht is reported to accommodate up to 18 guests, with a large crew complement. BOAT International lists 40 crew, while other public sources report higher capacity; the difference may reflect operational definitions, guest configuration or incomplete public data.
Scheherazade was seized by Italian authorities in 2022 in connection with sanctions investigations. Public reporting has linked the yacht to Russian state or oligarch networks, while some investigations have alleged a connection to Vladimir Putin. These claims remain politically and legally sensitive, so ownership should be described cautiously as publicly reported or alleged rather than absolute fact.
Primary image
Scheherazade by Lurssen
Credit: Lurssen
| Length | 141.96 m |
|---|---|
| Beam | 23.30 m |
| Draught | 5.10 m |
| Gross tonnage | 10167.00 |
| Construction | Steel hull, aluminium superstructure, teak decks |
| Max speed | 19.50 kn |
| Cruise speed | 16.20 kn |
| Range | Approximately 7,000 nautical miles |
| Machinery | Twin MTU diesel engines |
| Guests | 18 |
|---|---|
| Cabins | Estimated / not publicly confirmed |
| Crew | 40 |
| Naval architecture | Lürssen |
|---|---|
| Exterior design | Espen Øino International |
| Interior design | François Zuretti |
Ownership intelligence
Indicative ownership costs for Scheherazade, separating routine operating expenditure from capital expenditure and major-refit reserves.
| Category | Annual estimate | Status |
|---|---|---|
| Berthing, ports and agency fees | €5,366,614 | Estimated |
| Communications, IT and security | €1,341,654 | Estimated |
| Crew salaries and employment costs | €23,478,938 | Estimated |
| Fuel and lubricants | €8,049,922 | Estimated |
| Insurance | €3,354,134 | Estimated |
| Maintenance and routine repairs | €13,416,536 | Estimated |
| Yacht management and administration | €2,012,480 | Estimated |
| Provisions and hospitality | €4,024,961 | Estimated |
| Flag, registration, class and surveys | €1,341,654 | Estimated |
| Tenders, toys and deck equipment | €2,683,307 | Estimated |
| Travel, training, medical and uniforms | €2,012,480 | Estimated |
| Item | Amount | Year | Status |
|---|---|---|---|
| No reported yacht-specific capital transactions have yet been added. | |||
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
A dynamic record assembled from Superyacht Guide yacht data, sourced ownership records, construction milestones, valuations, sale listings and related reporting.
Names are displayed as recorded in Superyacht Guide. Their chronological order is not implied unless supported by dated evidence.
Ownership information is displayed only where a dedicated sourced ownership record exists. A record does not by itself establish beneficial ownership.
Initial current approximate value copied from existing approxvalue during Superyacht Guide valuation field upgrade. This should be reviewed against fresh market evidence when available. VALUE_CLASS: EDITORIAL_ESTIMATE_VALUE. This classification separates direct source-backed values from public estimates and editorial/comparable estimates.
Values and running costs are estimates unless explicitly identified as documented transaction figures.
Permanent Superyacht Guide market records showing estimates, asking prices and, where verified in future, documented transaction or financial values.
Dated milestones and Superyacht Guide records, ordered chronologically.
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.
11 public marina records are recorded with a maximum yacht length of at least 141.96 m.
Dynamically matched using recorded dimensions, broad yacht type, estimated value, launch era and builder, with gross tonnage and speed used only where comparable data exists.
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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