Brokerage firms Royal Yacht International, Italian Yacht Group and Kitson Yachts have announced the sale of a new 125-metre-plus Lürssen superyacht, codenamed Project M.
Construction on the full-custom new build is scheduled to begin at the German yard's facilities in Bremen, with delivery slated for May 2032.
Espen Øino is behind the project's exterior design, while British studio RWD has been selected for the interiors - both of which will be developed around the owner's vision. Technical details remain sparse, though the firms shared that Project M will feature a mammoth volume of over 6,000GT.
"We are incredibly proud to be part of Project M and grateful for the trust placed in our team," commented Boomer Jousma, president of the Italian Yacht Group. "A build of this scale requires close collaboration, attention to detail, and a long-term commitment to the owner's vision. Lürssen represents the very highest level of custom yacht construction, and we look forward to working alongside the shipyard and the entire project team over the years ahead."
All three brokerage firms will represent the buyer throughout the build process and supervise construction through to delivery.
Co-founder of Kiston Yachts, Brandon Kummer, added: "On a project of this magnitude, the sale is only the beginning. The years that follow are where the real work takes place — from understanding the owner’s requirements to navigating the many decisions that shape a fully custom yacht. Project M is a remarkable undertaking, and we are pleased to be involved from the outset."
Concluding, Tommaso Chiabra, founder and CEO of Royal Yacht International, said: “Securing a project of this scale is an important moment for Royal Yacht International and a testament to the strength of our team, our relationships and our ability to deliver at the very highest end of the market."
Additional information on Project M is expected to be announced as the project progresses.
BOATPro data reveals the new build to join Lürssen's list of nine superyachts currently under development, including the 123-metre Project Elusive, which was sold earlier this summer.
Read More/123m Lürssen superyacht Project Elusive sold with 2030 delivery