By Robert Wielaard

A victim of non-paying Russian clients, Hakvoort Shipyards of the Netherlands seeks an alternative buyer of a 63.3m project (image), the yard’s largest superyacht ever.

It will soon launch a 61m yacht – ordered by another non-paying Russian but for which it has at least found an American who has ordered major interior overhauls now nearing completion. Hakvoort Shipyards’ Esther Lucas says the experience with Russian buyers “has been hectic and nerve-racking. We call this a challenge. But still we are confident we will find a buyer for the 63.3m project.”

Hakvoort Shipyard officials say they are recouping the costs of producing the 63.3m craft. The yard has been a family business for some 100 years. It turned to superyacht production in the 1980s.

The yard faces another hurdle: the city council of Monnickendam, just north of Amsterdam is reticent to let the yard expand its two production halls. This limits the yard to making yachts of just over 60m in very cramped conditions.