Lurssen

What Lurssen does

Lürssen is a privately held, family-owned German shipyard founded in 1875 and headquartered in Bremen-Vegesack, operating under the legal entity Lürssen Werft Bremen GmbH & Co. KG. The company specializes in the design, engineering, and construction of bespoke luxury superyachts in the 50 to 180+ metre range, with each vessel produced as an individual order tailored to the owner's specifications. Core products include the Custom Superyacht Building (Neubau) line and Refit & Services for existing yachts, supported by a wholly-owned operating subsidiary (Lürssen-Kröger Werft). Notable technical capabilities include in-house engineering of large-scale complex glass structures (demonstrated on ODISEA's Beach House), a patented SCR exhaust system for NOx reduction, and an Innovation Lab focus on hydrogen fuel cell and methanol propulsion technologies developed in collaboration with Rolls-Royce/MTU.

The company's go-to-market is sales-led and consultative, engaging ultra-high-net-worth individuals and their representatives directly through personal consultations and showcases at international events such as the Monaco Yacht Show and Fort Lauderdale International Boat Show. Revenue is generated primarily through one-time, individually priced new-build contracts on multi-year timelines, supplemented by a growing refit and services business formalized through the 2024 Rolls-Royce refit partnership. The customer base is concentrated among a small number of UHNW buyers per year (approximately 4–8 deliveries annually, with six scheduled for 2026 including NIXIE at 102.4m and ODISEA at 78.2m). Lürssen has received multiple industry awards including the World Superyacht Award (Flying Fox, 2020) and the Neptune Award at Boat International World Superyacht Awards (CARINTHIA VII, 2024), and has operated continuously under family ownership for over 150 years with a professional management team including Managing Directors Dr. Justus Reinke, Sebastian Rheineck, and Philipp Krüger.

Name

Lurssen

Legal name

Lürssen Werft Bremen GmbH & Co. KG

Website

https://luerssen.de

Company type

Private

Founded year

1875

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lürssen is a family-owned German shipyard founded in 1875 that designs and builds bespoke luxury superyachts (50–180+ metres) and provides refit services, serving ultra-high-net-worth individuals globally through direct, multi-year custom contracts.

Ownership category

akta.pro rank

Product category

Luxury Superyacht Construction

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (3366)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Full-Custom Superyacht & Megayacht Manufacturing (IMAJAMAB)

akta.pro secondary industries

Luxury Motor Yacht Manufacturing (IMAJAMAD), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI), Explorer Yacht Manufacturing (IMAJAMAE), Luxury Yacht Manufacturing (IMAJAEAE)

Keywords

• Custom superyacht construction
• Luxury yacht building
• Bespoke yacht design
• Yacht refit services
• Superyacht manufacturing

Headquarters

HQ city

Brêmes

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom Yacht New Build: Design, engineering, and construction of bespoke luxury superyachts to individual client specifications. Each yacht is a unique, custom order built to the owner's vision and requirements.
2. Yacht Refit & Services: Refit services for existing yachts including technical upgrades and renovation. Lürssen has partnered with Rolls-Royce for yacht refits (announced 2024).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels9 records

Core offering

Lürssen is a German shipyard that designs, engineers, and constructs bespoke luxury superyachts ranging from 50 to 180+ metres, with each vessel individually built to owner specifications. The company also provides comprehensive yacht refit and services for existing vessels, handling technical modernization, structural modifications, and complete renovation. Operations are based in Bremen-Vegesack, Germany, with over 150 years of family ownership and shipbuilding heritage.

Product overview

Lürssen is a family-owned German shipyard (since 1875) specializing in bespoke superyacht construction and refit services. The company builds custom luxury yachts ranging from 50 to 180+ metres, offering a complete service from initial design consultation through engineering, manufacturing, and delivery. Core offerings include Custom Superyacht Building (Neubau) and Refit & Services. The product portfolio includes named vessels such as ODISEA, PELORUS, PACIFIC X, PHOENIX², and NIXIE. Innovation initiatives encompass fuel cell technology and methanol propulsion systems developed in collaboration with Rolls-Royce. The company operates from Bremen-Vegesack, Germany, and maintains a foundation supporting scholarships and fellowships.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Superyacht Building (Neubau) Bespoke superyacht construction service where each yacht is individually designed, engineered, and built to owner specifications. Lürssen constructs vessels from 50 to 180+ metres, handling everything from initial concept through engineering, design, and manufacturing. Targeted at ultra-high-net-worth individuals seeking a one-of-a-kind vessel.
• Refit & Services Yacht refit and maintenance services including technical modernization, structural modifications, and complete renovation of existing vessels to update systems and aesthetics. Offered to existing yacht owners and expanded in 2024 through a partnership with Rolls-Royce.
• ODISEA Superyacht 78.20-metre custom superyacht delivered March 2026, featuring a Beach House lounge on the main deck, foredeck sports court, and transforming sundeck with skylounge. Designed in collaboration with British studio RWD for both exterior and interior.
• NIXIE Superyacht 102.4-metre motor yacht designed by RWD, featuring contemporary design. One of six new deliveries planned for 2026 and presented at the Monaco Yacht Show 2026.
• PACIFIC X Superyacht 85-metre yacht delivered in 2010, featuring a unique silver metallic finish. Exterior designed by German Frers, interior by Bannenberg & Rowell Design. Maximum speed of 20 knots with range of 7,400 nautical miles.
• PELORUS Superyacht 115-metre megayacht delivered in 2003, featuring beach-chic interior with natural materials and exotic textures. Exterior by Tim Heywood Yacht Design, interior by Terence Disdale Design with innovative hull-opening terrace doors.
• PHOENIX² Superyacht 90-metre luxury yacht delivered in 2010 with elegant, streamlined profile. Both exterior and interior designed by Winch Design, featuring over 100 metres of polished stainless steel handrails and a spectacular sky lounge.
• DRAGONFLY Superyacht 142m superyacht delivered in December 2024, representing one of Lürssen's largest completed custom builds.
• COSMOS Exploration Yacht Exploration yacht launched in August 2025, featuring fuel cell technology for sustainable long-range cruising. Represents a new definition of exploration capabilities within the Lürssen portfolio.

Quantifiable outcome

• Successfully delivered more than 20 sub-80-metre yachts since 2000, representing roughly a third of all Lürssens built during this period

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• RWD ( Rupert & Co / Redman Whitfield Dixon)coreStrategic or Co-development PartnerMulti-award-winning British studio RWD partnered with Lürssen on ODISEA (78.20m) for both exterior and interior design - the first time Lürssen partnered with RWD on both aspects. The collaboration represents a significant creative partnership driven by mutual respect, client vision, and shared ambition for excellence.
• Rolls-RoycecoreStrategic or Co-development PartnerIn September 2024, Lürssen and Rolls-Royce agreed to collaborate on yacht refits. The partnership combines Lürssen's shipyard expertise with Rolls-Royce's propulsion and systems capabilities for comprehensive refit services.
• Blue Marine FoundationminorStrategic or Co-development PartnerLürssen supports the Blue Marine Foundation, an organization dedicated to protecting the world's oceans. This represents Lürssen's commitment to marine conservation and sustainability.
• Mariner Technical Services (Owner's Representative)minorImplementation/ SI/ Consulting PartnerOwner's Representative Dan Robsham of Mariner Technical Services led the Owner's Build Team for ODISEA, representing the owner's interests during design and construction.
• German FrersminorStrategic or Co-development PartnerGerman Frers designed the exterior of PACIFIC X (85m, delivered 2010), creating the distinctive timeless aesthetic with unique silver metallic finish.
• Bannenberg & Rowell DesignminorStrategic or Co-development PartnerBannenberg & Rowell Design created the modern interior for PACIFIC X, complementing the German Frers exterior design.
• Tim Heywood Yacht DesignminorStrategic or Co-development PartnerTim Heywood Yacht Design created the exterior of PELORUS (115m, delivered 2003), incorporating the four lower decks within the hull for a full-beam layout.
• Terence Disdale DesignminorStrategic or Co-development PartnerTerence Disdale Design crafted the interior of PELORUS, featuring natural materials, exotic textures, and innovative terraces that open from the hull sides.
• Winch DesignminorStrategic or Co-development PartnerWinch Design was responsible for both exterior and interior of PHOENIX² (90m, delivered 2010), outfitting the yacht with over 100 meters of polished stainless steel handrails and 1930s New York-inspired décor.
• FraserminorChannel Partner/ Reseller/ DistributorFraser collaborated with Lürssen to present Carinthia VII at the Monaco Yacht Show 2023 following her refit.
• MTU (Rolls-Royce subsidiary)minorStrategic or Co-development PartnerLürssen partnered with MTU (a Rolls-Royce brand) for propulsion systems, with a 2024 announcement of expanded collaboration on yacht refits.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Heesen Yachts: Dutch builder of custom aluminium motor yachts in the 50-80m+ range. Direct peer serving UHNW buyers with bespoke builds, though typically at slightly smaller sizes than Lürssen's largest projects.
• Feadship: Dutch builder of fully custom luxury superyachts, directly comparable to Lürssen in bespoke build approach, UHNW client base, and scale (deliveries above 80m). Closest head-to-head competitor in the full-custom superyacht segment.
• Oceanco: Netherlands-based custom superyacht builder delivering large vessels (often 80m+) to UHNW owners. Directly comparable to Lürssen in build philosophy, size range, and elite design studio collaborations.
• Benetti (Azimut-Benetti Group): Italian builder of large luxury motor yachts up to and beyond 100m, part of the Azimut-Benetti Group. Direct competitor in the custom and semi-custom superyacht market with comparable UHNW clientele.
• Nobiskrug: German custom superyacht builder known for innovative, large bespoke vessels. Geographic and product peer to Lürssen, though with a smaller recent delivery footprint and well-documented financial restructuring history.
• Sanlorenzo: Italian luxury yacht builder offering a mix of custom and semi-custom superyachts up to ~80m, publicly listed and growing. Comparable in targeting UHNW clients and design-led positioning.
• CRN (Fincantieri): Italian custom superyacht builder owned by Fincantieri, constructing fully bespoke vessels in the 60-90m+ range. Comparable to Lürssen in custom build approach and design collaboration model.
• Damen Yachting (SeaXplorer / Amels): Dutch shipbuilder's yacht division, including Amels (custom superyachts) and SeaXplorer (explorer yachts). Direct overlap with Lürssen on full-custom builds and a comparable parallel programme in explorer yachts (similar to Project Cosmos).

Broad incumbents

• Fincantieri: Italy's largest shipbuilding group, with yacht exposure through CRN and other brands plus naval and commercial shipbuilding. Overlaps with Lürssen's broader shipyard activities (including naval), though Lürssen is more concentrated in yachts.

Regional players

• Gulf Craft (Majesty Yachts): UAE-based superyacht builder active in the 30-50m+ segment and expanding upmarket, serving Middle East and Asia buyers. Less direct than European peers but increasingly competitive in the larger custom superyacht space from a non-European base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCZ9STaUUtGSxxTzb6lTLHig
• Facebookfacebook.com/LurssenYachts
• LinkedInlinkedin.com/company/luerssen/?originalSubdomain=de
• Instagraminstagram.com/luerssenyachts
• Xx.com/lurseenyachtB

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lurssen