Maltese Falcon: The Largest Sailing Yacht in the World
By Twisted Sifter on Monday, January 25, 2010 filed under PROPERTIES, PLACES & STRUCTURES TECH & GADGETS.
Photograph by Doyle Sails
If you have an affinity for yachting and $100+ million in disposable income, the Maltese Falcon is all you. Should your preference lean towards a modest one week rental of the mega-yacht, it should only set you back about $600,000. For the rest of us aspiring mega-yacht owners that may never have the pleasure of boarding such a beautiful specimen, there are plenty of pictures to nod in disbelief at. Enjoy!

Photograph by Amory Ross

Photograph by Giuliano Sargentini
THE MALTESE FALCON
- Although the Maltese Falcon is the largest sailing yacht in the world when measured on deck (LOD - Length On Deck), at 305 feet in length, Eos is the largest private sailing yacht in the world overall (LOA - Length Over All)
- The Maltese Falcon sports what is called a DynaRig, which means it is effectively a square rigger, and each of the three freestanding masts support six yardarms, which are connected rigidly to the mast
- The yacht’s 25,791 square feet (2,400 square meters) of sails are set between the yards in such a way that when deployed there are no gaps to the sail plan, enabling each spar’s sails to work as a single airfoil
- Unlike a conventional square rigger, the yards have a built in camber of 12%, and the sails are trimmed to the wind direction by rotating the entire mast, which is operated by a sail control system on the bridge. When not deployed, the mega yacht’s sails furl right into the mast itself
- It is also efficient, reaching nearly 20 knots under sail alone
- The Maltese Falcon’s interior is as luxurious as you’d expect, of course, with the main feature being the atrium. Here, the three decks are united by a circular stairway, surrounding the main mast, and creating a spiralling effect.
- This is all enhanced by natural light streaming in from the top to the lower decks through transparent floors.
- The main deck of the Maltese Falcon is a big open space with a main saloon, a huge aft-cockpit, two studio areas and an impressive dining room.
- For sleeping there are five lower deck staterooms and one passage cabin on the upper deck with a private sun bathing area, and direct access to the mega yacht’s wheelhouse.
- Her revolutionary sailing system - the DynaRig - set a new milestone in yachting history: three self-standing and rotating masts hosting 15 sails for a total sail area of 25,791 square feet for unrivaled, performance maneuverability and record-shattering speed; she can complete Atlantic crossings in ten days.

Photograph by Bugsy Gedlek



Photograph by Bugsy Gedlek

THE CURRENT OWNER
- Originally built for wealthy venture-capitalist Tom Perkins, it was recently listed on Yachtworld.com for $166.67 million before eventually being purchased by Elena Ambrosiadou for $97.36 million
- Elena Ambrosiadou created one of the most successful hedge funds in the world (Ikos Partners), and became Britain’s best-paid woman in the process
- Ambrosiadou, 47, paid herself $25.8 million in 2004. With a fortune estimated around $322.8 million, she was Britain’s wealthiest woman entrepreneur in 2006
- A chemical engineer by training, she achieved early success at BP, becoming its youngest-ever senior international executive at 27
- Husband and business partner, Martin Coward was the architect of Ikos’s unique trading structure. A Cambridge-educated mathematician, he eventually hit the big-time at Goldman Sachs
- Ambrosiadou will use the yacht for only a few weeks a year — “I work 16 hours a day, seven days a week. I doubt if I’ll be spending much time on her”. Otherwise, the yacht can be chartered for $607,000 a week. “This is an enterprise,” she says
- With 70 professionals and an asset base of approximately $1.5bn, IKOS is listed among Europe’s 30 largest single manager Hedge Funds
- In December of 2009, Martin Coward, who co-founded Ikos with his wife 17 years ago, has mysteriously quit, telling friends he wants to start another hedge fund that fulfils his “vision”.
- Mr Coward, who created and developed the investment strategies at Ikos, told Albourne Partners, an online community for the hedge fund industry: “I have decided to leave Ikos to recreate my vision of a research focused team with talented, experienced professionals. I plan to establish a smaller investment management company to manage family and other assets”

Photograph by Giuliano Sargentini




THE TOYS
- For fun, the Maltese Falcon carries two 32 foot Pascoe RIB Tenders (with water skis), four Laser sailboats, and a 14 foot Castold Jet tender
- In addition to dive gear, the Maltese Falcon also carries a private submarine for exploring the deep, which was one of former owner Tom Perkins’ favorite toys, and is strangely was one of the reason he says he sold the Maltese Falcon
- “My pleasure comes from the technical and aesthetic challenges of new yacht projects more than from cruising aboard the finished boat. I would now like to indulge my interest in ‘sports’ submarines and maybe to build a specialized boat to use as a sub carrier”


Photograph by Giuliano Sargentini

Photograph by Giuliano Sargentini
THE SPECS
Maltese Falcon Builder - Perini Navi
Mega Yacht Built - 2006
Maltese Falcon Naval Architect - Gerard Dijkstra & Partners and Perini Navi
Exterior & Interior Styling for the Maltese Falcon - Ken Freivokh Design
Maltese Falcon Hull Material - Steel
Maltese Falcon Superstructure Material - Aluminium
Maltese Falcon LOA - 289 ft (88 m)
Maltese Falcon Beam - 42.2 ft (12.6 m)
Fuel storage on Maltese Falcon - 81,300 liters
Water storage on Maltese Falcon - 30,000 liters
Engine: The Maltese Falcon has two 1,800 horse-power Deutz engines with a top speed of 20 knots running at 1,800 rpm
Maltese Falcon Main Mast Height Above DWL - 179.9 ft
Maltese Falcon Sail Area - 25,791 square ft
Maltese Falcon Main Saloon and Wheelhouse Area - 3,111 square ft
Maltese Falcon Owners and Guest Area - 4,650 square ft
Maltese Falcon Crew Area - 3,154 ft
Total Area: Flybridge and Cockpit - 3,649 square ft
Maltese Falcon Number of Guests: 12
Maltese Falcon Number of Crew: 16 (Up to additional 4)

Photograph by Bugsy Gedlek


SOURCES
- All Boat Information via http://yachtpals.com/maltese-falcon-7053 I highly recommend you check out their site for any information on yachts
- Authored Book, great info and pics: http://davidakaplan.com/
- Great Pics: http://www.symaltesefalcon.com
- Great Pics: http://www.doylesails.com/gallery/index.php?gallery=./Maltese%20Falcon
- http://www.moneyweek.com/investments/elena-ambrosiadou-the-woman-who-launched-her-own-hedge-fund-and-made-200m.aspx
- http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6812992/Elena-Ambrosiadous-husband-leaves-Ikos-to-start-his-own-fund.html
- http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6898116.ece




Photograph by Bugsy Gedlek

Photograph by Bugsy Gedlek




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If you enjoyed this article, the Sifter highly recommends: Re-Imagining the Super-Yacht: Wally Hermès Yachts



@LBSpounds
January 25th, 2010 at 5:40 pmThis boat is unreal….. thought for a second that this was a boat i saw while in Greece, but remember that was the worlds largest singla mast boat, where this one clearly has 3. I believe this is it….. http://www.rudderblog.com/article/mirabella-v-the... it.
@LBSpounds
January 25th, 2010 at 5:41 pmjust realized the link didnt work….google in though….Mirabella V
Twisted_Sifter
January 25th, 2010 at 6:12 pmI must go to Greece immediately. Definitely in my top three of places to go next!
oh and the Mirabella V looks legit! Good find pounds keep up your awesome commenting ways
<img src="http://dreamyachtblog.com/wp-content/uploads/2008/01/mirabella-v.jpg">
<img src="http://www.modelshipmaster.com/products/Super_yachts/mirabellav1.jpg">
Tweets that mention Maltese Falcon: The Largest Sailing Yacht in the World | TwistedSifter -- Topsy.com
January 25th, 2010 at 11:52 pm[...] This post was mentioned on Twitter by Chris Meisenzahl, Ben Matthew Wong, Sean Fleming, Esteban Eordogh, Gabriella Lopes and others. Gabriella Lopes said: Perguntinha para o @e_d_e_n: Quantos #PortoCaiNaRede serão necessários pro Jatobá comprar um desses? http://is.gd/71Kef [...]
robert
January 27th, 2010 at 10:10 amIt's Made In Turkey…
Heinz Otto
January 27th, 2010 at 9:29 pmHello in the field of hedge fonds,
this is a step to onother world for me, but i have to do it, because:
1958 it was, as Wilhelm Prölss has developed his DYNARIG. The shippingworld has´nt noticed it. The Nature for shure and the Oildrills as well: It seems, they are in the field of PEAKOIL-times.
Now you are the responsible owner, Mrs Elena Ambrosiadou, of the FIRST sustainable examble for the merchant fleet in the world.
My hope is, that you will send this "embassador" to the port of hamburg in the year of 2011.
The reason: Hamburg is the place, where Wilhelm Prölss has done his work, that you can sail a few days a year this extraordinary sailingboat., and: hamburg is the selected GREEN CAPITAL of the EU in 2011. Please visit this wonderful town while we are celebrating our harbour-birthday in the month of may.
hope for an answer to:
Heinz Otto, http://www.windships.de
Heinz OTTO
January 28th, 2010 at 8:30 amHello in the field of hedge fonds,
this is a step to another world for me, but i have to do it, because:
1958 it was, as Wilhelm Prölss has developed his DYNARIG. The shippingworld has´nt noticed it. The Nature for sure and the Oildrills as well: It seems, they are in the field of PEAKOIL-times.
Now you are the responsible owner, Mrs Elena Ambrosiadou, of the FIRST sustainable example for the merchant fleet in the world.
My hope is, that you will send this "ambassador" to the port of Hamburg in the year of 2011.
The reason: Hamburg is the place, where Wilhelm Prölss has done his work, that you can sail a few days a year this extraordinary sailing boat., and: Hamburg is the selected GREEN CAPITAL of the EU in 2011. Please visit this wonderful town while we are celebrating our harbour-birthday in the month of may.
hope for an answer to:
Heinz Otto, http://www.windships.de
Next generation of ships - see: http://www.sailing-traders.com
a chance for your fonds?
Anon
February 2nd, 2010 at 6:53 amHoly crap. The future is now and this is a very fine explanation of it! I give you all my 5.
Twisted_Sifter
February 2nd, 2010 at 12:06 pmYeah! Let's go Sailing!
[youtube YrbY4hsNh64 http://www.youtube.com/watch?v=YrbY4hsNh64 youtube]
@Sparty1216
March 28th, 2010 at 3:34 amThat is the the shizzle! Very nice post…
Michelle Thomas
March 30th, 2010 at 6:16 pmI think it's obnoxious that people would spend all that money on all that money on what is just a glorified fishing boat. Especially when the money could be use an annual turnover af about d to help people and animals in need. I am a successful business woman with an annual turnover of around €50,000,000 and I have given around € 2,0,000,000 to various charities over the last 3 years. It IS far better to give than recieve.
Chris
April 1st, 2010 at 9:35 pmthe maltese falcon was berthed in Auckland NZ just this past week, around the 26th March.
zero_cool
April 6th, 2010 at 4:36 pm>"I think it's obnoxious that people would spend all that money on all that money on what is just a glorified fishing boat."
It's their money, they can spend it on whatever they want. You want to throw money at charities, hey lady, more power to you it's your right. You get to spend your money however you like too.
To me that boat represents an engineering and architectural marvel, and it shows just what heights we can aspire to. I can only imagine what it'd be like to sail that monster, that would be like driving a supercar, only across the Atlantic!
Tyler Jordan
April 20th, 2010 at 6:41 pmIt's not their money, stealing is a crime. Goldman-Sachs, where they obtained the $$ to buy this yacht, controls the SEC and steals money from the market through high speed trading and many other scams.
I call for their arrest and the confiscation of their ill-gotten booty. - Same holds true for the rest of the Goldman-Sachs gang.