According to the Italian shipping newspaper The MediTelegraph, the Genova based shipyard T. Mariotti has signed a contract to build a 180 metre superyacht for the Saudi Prince Al-Waleed Bin Talal bin Abdulaziz al Saud.
The shipyard is currently completing the 150 metre + superyacht project Saffron for another client from the Middle East. Like project Saffron, the hull will be built by another shipyard. In the case of the 180 metre new order, it will be either be built by the Cimolai Group or the Visentini Shipyard.
Not much more details are known about the project, other than that she is rumoured to be ready for delivery in 2020 and contracted at € 500 million. The MediTelegraph also reports that, like with Project Saffron, Fincantieri was also in the race for the contract.
The Saudi Prince is well known in the superyacht industry as he currently owns the 86 metre Benetti superyacht Kingdom 5KR. Reports about him ordering a new superyacht have been going around for over 10 years. In 2005 the French channel M6 aired a show called Zone Interdite with the Prince. And at one point in the show a meeting could be seen with Andrew Winch and Jonathan Becket of Burgess along with a design of a 171 metre superyacht project by the same designer.