Selfmade Canadian billionaire John Risley is getting himself one of the world’s largest and most innovative yachts. The Lurssen-built $350 million ‘Project Icecap’ is 351 feet long. It will have a powerful hybrid propulsion system, an infinity pool, and a fold-out beach club.


Lurssen’s $350 million Project Icecap has been spotted for the first time after her wraps were removed earlier this week. The 351-feet superyacht was spotted in all its physical glory for the first time at the Peene-Werft shipyard in Wolgast, Germany. Icecap has already established a reputation of sorts since Moran Yacht & Ship announced she was sold to a secret buyer in 2018. Icecap made news not only for her hefty price tag but was also touted as one of the world’s largest and most innovative vessels. Out of the dry dock, this luxurious explorer yacht is well on its way to a 2023 delivery and becoming a yacht to watch out for. Details below:

Image – Youtube / Screengrab / Insel Video

The incredible Icecap is on its way:
Waiting till 2023 to explore the intricacies of superyacht Icecap is tough, so we have a lowdown on what to expect. The luxury vessel owned by Canadian billionaire John Carter Risley, the founder of Clearwater Seafoods, is a majestic boat with all the fanfare. Still, it will be known most for its performance. Lürssen Yachts’ 351-footer boasts 6,000 GT of interior volume, a steel hull, and an aluminum superstructure.

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Image – Youtube / Screengrab / Insel Video

Without an inch of doubt, Icecap is one of the most advanced motor yachts ever to be built, flaunting state-of-the-art energy-saving, heating, and cooling with a diesel-electric propulsion package. It also holds large battery banks to run hotel functions.

Image – Youtube / Screengrab / Insel Video

The massive ship includes five decks to accommodate 20 guests across 10 cabins. Among Icecap’s key features is an extensive aft deck with a helipad that lowers the aircraft into storage. The owner is an avid fisherman and experienced yacht owner who wanted to tread beyond the limitations of a small boat and sail king size. The result was more room to store all kinds of gear.

Via – Lurssen

From a redesigned engine room to house three Wärtsilä engines and an ice-class hull to huge side garages for tenders and diving gear, Icecap has it all. The main deck is outfitted with an infinity pool flanked by sun loungers.

Image – Youtube / Screengrab / Insel Video

The upper deck aft, in addition to the helipad, also includes a sun-exposed alfresco lounge. Icecap boasts plenty of outdoor space for dining and lounging; the foredeck is fitted with seating, a bow Jacuzzi, and sun pads with uninterrupted views, as per Charter World.

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Image – Screengrab / Youtube

About John Risley:
The Canadian billionaire owns Clearwater Fine Foods, an international corporation that is one of the world’s largest seafood suppliers. The businessman feels a deep-rooted connection with the sea manifested through his fishing business and his passion for boats and sailing. In addition to the Icecap superyacht, the billionaire owns the 168-feet sailing yacht Royal Huisman Meteor and a 246-foot megayacht, the Northern Star, worth $170 million. Risley is an active philanthropist who donated US$ 25 million to an ocean research project at Dalhousie University in Halifax. He was made an officer of the Order of Canada in 1998 for making extraordinary contributions to the nation. The Risley home in Nova Scotia is a stunning 32,000-square-foot home overlooking the Atlantic Ocean spread on 91 acres of property. After purchasing the property, Risley added another 210 acres to the estate.

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.