After it crashed and damaged the shipyard, Lurssen’s $450 million superyacht codenamed ‘Project Alibaba’ has been unveiled to the world.

Via Youtube / @DrDuu

The robust $450 million Lürssen superyacht, Project Ali Baba, is unstoppable, quite literally. The vessel was involved in a minor mishap at the shipyard, colliding with an internal gate and briefly encountering a bridge. Despite this, the yacht was later seen in all its splendor, free of scratches or scrapes. This incident inadvertently provided a premature glimpse of one of the world’s largest superyachts under construction. Now launched, Project Ali Baba has been officially unveiled to the industry.

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Its stature is impressively imposing, matched by a sleek, low grey profile. The yacht features an elongated bow and not one, but two helipads, suggesting it will host a flurry of busy, wealthy VIPs. The four-deck design includes a sizable beach club at the aft of the main deck and numerous lounge areas across the decks. The upper deck is likely reserved for the ultra-wealthy owner, complete with various exclusive amenities shrouded in secrecy.

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Last week the under construction vessel had collided with an internal gate injuring one worker.

Currently, the vessel displays more enclosed spaces than open areas, hinting at possible ownership by Middle Eastern royalty. Despite the recent incident, the yacht is in excellent condition and will be transferred to Lürssen’s Hamburg facilities for completion while the Bremen-Aumund dock undergoes inspection and repairs. While its official length remains unconfirmed, it is certainly over 140 meters (459 feet) long, positioning it among the top 20 largest yachts globally.

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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.