Selling the World's Priciest Ship...

By Eric Haun
Tuesday, August 05, 2014

Online ship intelligence and information service VesselValue.com has launched a series highlighting the world's most expensive active vessels, and this week focuses on the costliest of all: QMAX liquefied natural gas (LNG) carrier Zarga, which prices in at a whopping $221.8 million.

According to VesselValue, Zarga’s sticker price is equal to 1.5 of Real Madrid footballer Gareth Bale’s $145 million transfer fee, 13 12-carat Pink Diamonds at a value of $17 million each, or 49 Lamborghini Veneno Roadsters which cost $4.5 million apiece.

We did our own math to calculate the quantity of other items that could be purchased for the price of The Zarga.

  • Olympic size swimming pool ($1 million): 221.8
  • 64GB iPhone 5s ($399): 555,889
  • German Shepherd puppy ($1,100): 201,636
  • Lego Maersk Line Triple-E toy ship ($149): 1,488,590
  • Name a star on the International Star Registry ($54): 4,107,407


The Zarga, built in 2010 by Samsung and owned by Qatar Gas Transport Company, has a capacity of 266,433 CBM and is over 340 meters long, making it one of the largest LNG carriers in the world.
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Sales

ThyssenKrupp: Submarine Unit Not For Sale

German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.

Young to Head New Zealand Shipping Federation

The New Zealand Shipping Federation (NZSF) said it has appointed Annabel Young as its new executive director.  It said Ms Young was a National Party list MP from

Indonesia Joins Spain, Italy in Maritime Development Plan

Indonesia to have full cooperation in maritime infrastructure development from European countries Spain and Italy, says a report in Jakarta Post.  Spanish Ambassador

Finance

Shippers Must Monitor Greek Government Changes

Moore Stephens says shipping must monitor developments in wake of Greek government change   International accountant and shipping adviser Moore Stephens says

Chevron Scraps 2015 Share Repurchase Program

Chevron Corp halted its 2015 share repurchase program on Friday, a move to conserve cash amid tumbling oil prices.   The company's shares extended loses on the news,

Marquette Transportation Reportedly for Sale

Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of

LNG

Tohoku Electric's LNG Buy Sets Asian Spot Level

Japanese utility Tohoku Electric has purchased an LNG cargo for delivery in the third week of March at a price in the low $7 per million British thermal unit (mmBtu) range,

Yemen Lifts Force Majeure on LNG Deliveries

Yemen on Friday lifted force majeure on liquefied natural gas (LNG) deliveries from its Balhaf plant, trading sources with knowledge of the matter said. Reuters reported last week that the 6.

Gazprom, OMV Ink Additional Deal

Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss,

Vessels

NASSCO to Christen Third MLP, Lewis B. Puller

Shipbuilder General Dynamics National Steel & Shipbuilding Co. – NASSCO – will christen the USNS Lewis B. Puller (MLP 3 AFSB) Saturday, February 7, 2015 in San Diego.

New Survey Vessel Ordered for the Port of London

The Port of London Authority (PLA) has ordered a new purpose-built survey catamaran, a CTruk MPC19, due to enter service on the river Thames later this year.   The

European Shipping Week Announces Speakers

Adam Goldstein, President and COO of Royal Caribbean Cruises, Pierfrancesco Vago, Chairman of CLIA Europe and Executive Chairman of MSC Cruises, and Paolo Tonon,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2016 sec (5 req/sec)