Planning a party? Kerry Packer’s famed $100 million icebreaking luxury yacht Arctic P is now available to rent to the public
- Yacht of the late magnate is available for rent
- The $100 million boat is docked in France
- Now owned by his daughter Gretel
Australian media magnate Kerry Packer’s $100 million modified icebreaker yacht, the Arctic P, will be chartered to the ultra-rich for this European summer.
Packer, who was Australia’s richest man at the time of his death in late 2005, commissioned the specialist German-built yacht in 1969 and passed it on to his son, James.
However, Packer’s daughter Gretel bought it from James in 2017 after the billionaire decided he wanted to upgrade to a $200 million superyacht. Daily telegram reports.
Kerry Packer’s beloved $100 million yacht, the Arctic P (above), will be available for charter in Europe this summer
The Arctic P was said to have a lot of sentimental value to Gretel, but it seems the boat’s $10 million annual maintenance, crew, and mooring bill is what made her decide to rent it out.
The boat has been listed for rent on the luxury rental website CharterWorld and is currently moored in Antibes, France.
Arctic P is no less than 88 meters long and can carry 12 passengers and a crew of 25.
The yacht’s hefty 1,444-ton construction was specifically designed to help Kerry Packer’s seasickness, which didn’t affect his sailing-mad father Sir Frank or his son James.
The Arctic P was actually designed to carry heavy cargo through the frigid seas of Antarctica, resulting in less rolling on the deck.
Packer’s (above) specialized icebreaker yacht is designed to help his seasickness with the hefty build resulting in fewer rolls on deck
In the 1990s, Packer told a shipyard crew in Malta to rig the unique yacht for maximum satellite TV coverage.
It was remounted in 2008 in the years following Packer’s death.
Thanks to two Deutz-MWM diesel engines, the Arctic P can reach a maximum speed of 22 knots and has a swimming pool.
Sources told the Telegraph last week that Gretel’s hiring out of the boat could be a sign she wants to sell and downsize in the future.