Major price reduction to superyacht Man of Steel at Merle Wood

26 May 2010 • Written by Malcolm MacLean

A note from Thom Conboy at Merle Wood & Associates arrives overnight saying that the owner of his central listing, Heesen's 50m motor yacht Man of Steel, is moving up to a larger vessel and has authorized a €4.5 million price reduction.

Man of Steel was built in 2008 to Lloyds class and MCA compliancy and this superyacht accommodates up to 12 guests in a master, VIP, two double and one twin cabin plus two Pullman berths.

One feature of Man of Steel that is not readily apparent, but vitally important, is her gross tonnage. Most yachts of her length - the 50-metre class - are designed to measure just under 500 gross tons. This is done to avoid the more onerous regulations that come with increased tonnage.

But Man of Steel comes in at 637 gross register tons. This was a deliberate move on Heesen’s part. By complying with the regulations for the higher tonnage, they can offer yachts that, like Man of Steel, carry a great deal more interior volume than other yachts of similar length.

Another very significant selling point is that her MCA compliancy comes with an unmanned certification, meaning that this yacht needs to be run with only one engineer. Previously marketed at €39 million, Man of Steel is now asking €34.5 million.

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