What Oceanco's Monaco Showcase Says About Its Next Chapter

When Oceanco arrives in Monaco this September, it won't simply be presenting two of its latest projects. The showcase comes just over a year after Gabe Newell joined the company, making it the first real opportunity to see how that next chapter is beginning to take shape. And if these two yachts are anything to go by, the direction is less about doing things bigger and more about doing things differently.

Built around a different idea

At 111 metres, Leviathan is certainly hard to overlook. But its significance lies less in its size than in the thinking behind it. Designed around the idea of people and purpose, the yacht challenges some of the conventions of superyacht design, from placing crew in spaces traditionally reserved for guests to prioritising operational efficiency and long-term usability.

The result is a yacht that feels less like a collection of luxury spaces and more like a carefully considered ecosystem. A dive centre, laboratory and hospital support the scientific work of Newell's Inkfish fleet, giving the yacht a purpose far beyond conventional cruising.

The yacht doesn't end at delivery

If Leviathan represents a new way of thinking about a new-build, Draak demonstrates what that philosophy can mean for an existing yacht.

Originally delivered by Oceanco in 2014, the 93-metre Draak has undergone a comprehensive rebuild at the shipyard's Life Cycle Support facilities, emerging with a new purpose as Leviathan's companion vessel. Its transformation brings specialist diving facilities, a capable tender fleet and heavy-duty lifting systems to Inkfish expeditions.

It is a useful distinction. Oceanco isn't simply building yachts; it is increasingly considering how they can evolve, operate together and remain relevant long after they first leave the yard.

A more connected future

That emphasis on collaboration may ultimately be the most revealing part of Oceanco's Monaco showcase. Both projects were shaped by a network of specialists working across design, engineering, operations and research, with the owner and crew brought into the process rather than treated as the final recipients.

For Inkfish, that collaboration has a clear purpose: supporting scientists with the technology, tools and resources needed to reach places and pursue research that might otherwise be out of reach.

It's a model that feels particularly relevant to Oceanco's new chapter. Newell's arrival was framed by the company around a human-first, ocean-minded and future-focused approach.

In Monaco, Leviathan and Draak will therefore tell a story that goes beyond two remarkable yachts. Together, they offer a glimpse of an Oceanco increasingly focused on collaboration, technology and the full lifecycle of a yacht – and on what might be possible when the conventional blueprint is no longer the starting point.