YACHTDESKCharter & Sale / Purchase
Fleet
M/Y MEDITERRANEAN EXPLORER
42m / 137.8ftEU VAT Not PaidLloyd's Register
Cantiere delle Marche (CdM) • CdM Darwin 138 Expedition Yacht

M/Y MEDITERRANEAN EXPLORER

Lying: Marina Zea, Piraeus, Greece (Madeira (Portugal / EU) Flag)
Official Asking Price
€18,200,000
Central Agency Direct
Summer Charter Rate€175k / week
Greek Registry Statuse-Mitroo Compliant
M
Marcus Lindqvist
Expedition & Commercial S&P Specialist
YachtDesk Athens Zea & Oslo
+30 210 980 4430sales@yachtdesk.com
Length (LOA)
42m
137.8 ft
Beam
8.6m
28.2 ft
Draft
2.65m
8.7 ft
Gross Tonnage
440
GT (ITC 69)
Guests
12
5 Cabins
Crew
8
Officers & Crew
Cruising Speed
12 kn
Max 14.2 kn
Range
5,000
Nautical Miles
Naval Architecture & Vessel Pedigree

Architectural Integrity & Craftsmanship

M/Y MEDITERRANEAN EXPLORER is a genuine heavy-displacement steel explorer yacht delivered in 2023 by the acclaimed Italian shipyard Cantiere delle Marche. Engineered to navigate anywhere on earth in total self-sufficiency, she carries 54,000 liters of fuel providing a 5,000nm transatlantic range at 10 knots. Her naval architecture by Sergio Cutolo / Hydro Tec features exceptional sea-keeping capabilities in heavy Mediterranean Meltemi conditions, complimented by electric zero-speed stabilizers with active roll reduction. Featuring interior architecture by Nauta Design emphasizing clean lines, warm oak, and connection to the sea. Accommodates two large expedition tenders on her upper boat deck.

Naval Architect
Hydro Tec / Sergio Cutolo
Exterior Styling
Hydro Tec
Interior Architecture
Nauta Design

Distinguished Shipboard Features

5,000nm Transoceanic Range (54,000L Fuel)
Zero-Speed Rodriquez Electric Stabilizers
Upper Boat Deck Heavy-Duty Crane (2.5t Capacity)
Sundeck Jacuzzi & Panoramic Observation Lounge
Full Commercial Cold Room & Dry Provision Stores (60 Days Autonomy)
Dual Watermakers (12,000L/day capacity)
Starlink Maritime Global Terminals

Technical Specification Matrix

Lloyd's Register
Classification Society:Lloyd's Register
Class Notation:LR ✠ 100A1 SSC Yacht Mono G6, ✠ LMC, UMS, Unrestricted Navigation
Flag of Registry:Madeira (Portugal / EU)
EU VAT Status:EU VAT Not Paid
Commercial Registry:EU Commercial Register Compliant
Hull Construction:Heavy-Gauge Grade A High Tensile Steel (12mm plate)
Superstructure:Marine Grade Light Aluminium Alloy (5083)
Decks:Full Teak Decking (16mm)
Stabilizer System:Rodriquez Marine Zero-Speed Electric Fins with Active Roll Reduction
Fuel Capacity:54,000 Liters
Freshwater Capacity:10,500 Liters
Engine Room & Machinery Specifications

Propulsion & Auxiliary Systems

Zero-Hour Service History Audited
Main Propulsion Machinery
Caterpillar
2x Caterpillar C32 Acert (970 kW / 1,300 hp each)
Total Output: 2,600 HP
Recorded Hours: ~840 hrs
Electrical Generation & Power
Auxiliary Generators
2x Kohler 70 kW Heavy Duty Continuous Rating Generators
Parallel Sync & Emergency Load Panel
Seamless Shore Power Converter (400V 50Hz)
Propulsion & Shafting
Drivetrain & Steering
Twin Shaft Lines with 4-Blade Detachable Propellers
Stabilization: Rodriquez Active Roll System
General Arrangement & Accommodation Layout

Deck-by-Deck GA Architectural Layout

Optimized for private owner seclusion, seamless guest hospitality, and discrete crew service passageways.

Sundeck Observation Lounge

Forward observation seating for navigation watches, center wet bar, and aft 6-person Jacuzzi with 360° panoramic horizon views.

Key Architectural Highlights on this Deck:

Observation Helm
Heated Spa Jacuzzi
Barbecue & Bar Island
Shaded Hardtop Dining
Equipment, Tenders & Water Sports Garage

Inventory Included in Sale Price

6.5m Highfield Patrol 660 Aluminum Rib with 200hp Yamaha
Williams SportJet 395 Jet Tender
2x Yamaha FX Cruiser SVHO WaveRunners
2x Seabob F5S
Full Nitrox Scuba Diving station with Bauer compressor
Deep-sea big-game fishing equipment
Commercial Proforma & Yield Engineering

Annual OPEX & Charter Income Offset Model

Superyacht ownership operating expenditure typically averages 8% to 10% of vessel acquisition value. By enrolling M/Y MEDITERRANEAN EXPLORER into YachtDesk’s Central Agency charter management program, peak Mediterranean summer charter bookings offset operating overhead while preserving exclusive owner usage.

(Mediterranean high season June through September = 16 available weeks)
8 Weeks(@ €175k/wk)
4 Weeks (Conservative)8 Weeks (Vernicos Average Baseline)12 Weeks (Max High Yield)

Estimated Annual OPEX Budget

Annual Run-Rate
Crew Salaries & Onboard Provisions (8 crew):€540,000
Home Berth / Marina Flisvos / Alimos:€135,000
Marine Hull & Machinery (H&M) / P&I Insurance:€105,000
Scheduled Maintenance, Haul-out & Drydock:€290,000
Commercial Class Audits & ISM/ISPS Management:€110,000
Total Annual Operating OPEX:€1,180,000

Projected Charter Income Offset (8 Weeks)

YachtDesk Central Agency
Gross Summer Charter Revenue (8 wks @ €175,000):+€1,400,000
Central Agency Commission & Ops (15%):-€210,000
Charterer APA & Greek VAT (Law 4926):Paid by Charterer (Direct)
Net Charter Income to Owner Account:+€1,190,000
Net Annual Cost of Ownership:+€10,000 (Net Surplus)
Charter bookings cover 101% of vessel running costs while leaving 8+ weeks open for private family cruising.
Request a custom proforma tailored to your tax residency and preferred flag state.
Standard S&P Transaction Roadmap

MYBA Memorandum of Agreement (MOA) Procedure

PHASE 1
Letter of Intent (LOI)

Initial binding purchase offer subject to condition survey, sea trial, and class record inspection.

PHASE 2
10% Escrow Deposit

10% purchase deposit lodged in regulated stakeholder client escrow account prior to haul-out.

PHASE 3
Surveys & Sea Trial

Drydock inspection, hull thickness analysis, main engine oil spectrometry, and 4-hour sea trial.

PHASE 4
Protocol of Delivery

Bill of Sale execution, deletion certificate, e-Mitroo registration transfer, and escrow disbursement.