This American millionaire, who has never set foot on his brand-new 174-foot explorer yacht, is selling it at a $2 million discount just a week after taking delivery because it may be too small for his family. He already has a larger vessel under construction at the shipyard.


Everyone has a change of heart now and then, but rarely when it might cost others over $2 million. That’s not the case for owner Tommy Allen, who, just weeks after taking delivery of the Five Oceans superyacht, has already listed it for sale, with a $2 million discount. It may seem like odd behavior, but for millionaires, losses in the millions are sometimes worth it, especially when the decision involves upgrading to a larger vessel for family expeditions.

Image – Damen Yachting

Allen’s 174-foot yacht, initially designed for a three-year oceanic research mission, felt cramped once his family opted to join. The original Five Oceans by Damen Yachting will now be replaced by a 197-foot vessel boasting 2.5 times the volume to comfortably accommodate his expanded crew.


Rather than wait for the larger yacht to be ready, Allen’s choice to sell the Five Oceans quickly reflects his practical side. As Rob Dolling of Verpeka Dolling notes, an unused and ready-to-sail yacht is far easier to sell. Now, at a discounted price of $36 million, down from its initial $38 million, the Five Oceans presents an enticing opportunity for deep-pocketed buyers. Here’s what makes this superyacht a rare find:

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The fabulous Five Oceans yacht-

The Five Oceans was commissioned with a singular purpose: to enable cutting-edge underwater research and discovery. Allen’s vision led to the design of a vessel equipped to match his ambitions as an explorer. However, when it came time to embark, the yacht’s capacity proved too limited for a larger group and crew. Even so, this superyacht—which began construction in December 2022 following two years of planning and development, remains an impressive option for any new owner.


It embodies Damen Yachting’s signature sleek silhouette, features a nine-meter beam with a vast aft deck, and offers ample storage for toys and tenders. Powered by two Rolls-Royce MTU engines, the yacht reaches a top speed of 19 knots, blending power with elegance. True to Allen’s ethos, the yacht was also designed with sustainability in mind, reducing emissions by 70% during full-range operations. With just under 500 GT of volume, the Five Oceans accommodates up to 10 guests in five staterooms, along with a 10-person crew.

Image – Damen Yachting

Outfitted with a 15-ton crane and optional A-frame for handling tenders, submersibles, or even vehicles, the yacht is well-suited for both serious exploration and luxurious travel. Currently docked at Port of Beaulieu-sur-Mer, France, according to Marine Traffic, this exceptional vessel is waiting for a new owner to write its next chapter.

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For those intrigued by Allen’s postponed mission, “Voyage of Advancement,” applications are open for the upcoming four-year journey across the globe. The expedition will bring together entrepreneurs, scientists, explorers, and technologists united in their quest to tackle environmental challenges and drive oceanic research forward.

The team of Five Oceans Global Solutions at the christening of the Five Oceans superyacht. Image – Damen Yachting

About Five Oceans Global Solutions-

After years spent in Africa, the Middle East, and Central Asia, Allen, a former military man, founded Five Oceans Global Solutions (5OGS) to unlock the mysteries of the sea. His company leverages advanced technology and research to explore and protect marine environments, promoting a sustainable future for ocean exploration.

Image – Damen Yachting

As Tommy Allen pivots toward his next adventure, the Five Oceans offers a rare opportunity for a discerning buyer to step into the world of luxury exploration. Whether as a research vessel or a private oasis on the water, the yacht represents both ambition and possibility. And with its legacy of innovation and sustainability, Five Oceans stands ready to continue its journey, just awaiting a new captain to chart the course.

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