1050H: Milestone Launch Celebrated at Oceanco

By George Bains

10th January 2023 marked a significant celebration of one of the superyacht industry’s most closely-guarded secrets – Oceanco’s Project 1050H. Launched from Oceanco’s construction facilities in The Netherlands, 1050H could be considered neither a newbuild, refit, nor conversion. This has been a fundamental rebuild of unprecedented scale, involving a complete transformation of a heritage superyacht…

Conversions projects have been rightly lauded for their potential to transform heritage yachts, even commercial vessels, into state-of-the-art modern superyachts with significant advantages when it comes to sustainability in the process.

The development of Project 1050H has dared to go further than this. It is the first time a superyacht has been comprehensively recreated to deliver an exemplary, future-proof vessel where no single element has remained the same.

“To say that this has been a remarkable process is an understatement,” comments Oceanco CEO, Marcel Onkenhout. “The project has called for passion, dedication, and extraordinary craftsmanship, with many involved in her creation now contributing to her recreation, including myself. We are proud to say that we are relaunching a completely new Oceanco.”

The launch of such a project is a testament to Oceanco’s appetite and ability to perfect the most challenging of builds, setting a benchmark of future innovation in the industry.

The A Group’s Richard Hein, who was at Oceanco during the original build, acted as the Owner’s independent representative for the project. 1050H displays a modern exterior aesthetic, including a completely new superstructure, with Reymond Langton Design working on a fresh interior.

“This almost unimaginable transformation has been able to take place thanks to the shared trust, perseverance, and expertise of the team involved,” shared Richard Hein. “A yacht is more than just the materialisation of an Owner’s vision. It has its own character, its own specific habitat, with a unique purpose and story.

“Through the achievements of this project, we have been able to extend the story of a remarkable superyacht for decades to come. It is about seeing the potential for all vessels, rather than starting from a blank sheet of paper each time.”

While the staggering physical transformation of 1050H promises a new, head-turning icon on the waters, there is much that should be said for the intricate work that has prepared her to stand the test of time.

1050H has been built to the highest contemporary standards of technology, safety, capability, and sustainability. She has an operational profile that is fully compliant with rigorous IMO Tier III standards, while also boasting significant upgrades to her technological capabilities across the board.

As the industry confronts the need to mitigate the impact of superyachts on the environment, 1050H highlights the great impact made by bringing an existing superyacht’s environmental profile up to date with contemporary standards.

“It is a proud moment for me to see the nearing completion of this transformation, having personally been involved in returning 1050H to her birthplace for this ambitious project” added Dr Barwani, Chairman of Oceanco.

Benefits of a rebuild project for an Owner also extend to the expected delivery time, an especially important advantage considering the current availability of build slots at major shipyards.

“It is our ambition that this landmark project will inspire owners of existing yachts to benefit from the gift of time while adding value to their ownership experience as well as the planet,” comments Paris Baloumis, Marketing Director of Oceanco. “Through this approach, icons have the potential to become the new faces of tomorrow.”

"To say that this has been a remarkable process is an understatement"

Marcel Onkenhout - CEO, Oceanco


"To say that this has been a remarkable process is an understatement"

Marcel Onkenhout - CEO, Oceanco
By George Bains
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