The World's Biggest Yacht Will Cost $800 Million and Will Have Its Own Exclusive Casino

The ‘Valkyrie Project’ yacht is expected to be the world's biggest yacht, costing more than $800 Million. The yacht's unique and groundbreaking design is a part of Chulhun Park's Master's Degree Final Project for the Royal College of Art in London. Park's idea for the yacht is to serve as a floating entertainment centre with its own casino and art gallery. While the 'Valkyrie Project' has not entered its production stage, Park assures that he has been approached with some very interesting offers, but no contracts have been signed yet. However, there is no doubt that the yacht would be a real phenomenon if it is ever built in the future. Eager to find out more about this unique project? Stay with us for more details
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What Is the Valkyrie Project?

The Valkyrie Project or the project for the biggest yacht in the world was originally developed as a thesis project for Chulhun Park’s Master’s Degree at the Royal College of Art in London. Supported by Palmer Johnson, the yacht is planned to be a futuristic floating entertainment hub that attracts people with its unique design and elegance. The yacht is designed to be enormous and comfortable. With its nearly 230 meters (750ft) length, if ever built, the yacht will be only 40m short of the legendary Titanic and would take Azzam’s place as the world’s biggest yacht. According to the yacht’s designer Chulhun Park, if ever built and put into practice, the Valkyrie Project is meant to serve as an entertainment centre and not as a millionaire’s personal toy. The yacht is designed to carry 52 guests and 92 crew members with a separate exclusive deck for the owner. The yacht is also supposed to have its own casino, art galleries, restaurants, theatres and a helipad.

Technical Details Behind the World’s Biggest Yacht

Chulhun Park’s unique Valkyrie Project challenges the familiar monohull design and rather focuses on Trimaran hull that reduces the drag while cruising at high speeds. The yacht is also supposed to cruise at the comfortable speed of up to 25 knots. According to the designer, the vessel would be made of aluminium and a special carbon-fibre structure that would ensure that the yacht is as light as possible. Wishing to break the stereotypes, Park has also decided to make the yacht’s exterior design unique. Furthermore, he also states that when he decided to become a designer, he noticed that most yachts are white-coloured and look like wedding cakes. Thus, with the Valkyrie Project, Park designed a unique yacht that does not look like anything ever seen before. According to Park, building the yacht would cost around $800 million and although he has had various interesting offers, no contract has been signed yet. Even though the Valkyrie Project has not entered its production phase yet, many experts assure that it would most likely do so in the near future as the uniqueness of the yacht would attract many potential investors. However, the Valkyrie Project is not Chulhun Park’s first yacht design as it becomes evident from his personal website. All of his yachts, however, have unique looks and features and are surprisingly practical. Did the Valkyrie Project grab your attention? You can watch its full presentation in the video below:

Frequently Asked Questions on the Topic

We have explained everything about Chulhun Park’s infamous Valkyrie Project but is there anything else you need to know? We will gladly answer the most frequently asked questions about the world’s most luxurious yachts and the exclusive casinos that their travellers could enjoy.

What Is the World's Biggest Yacht?

The world's current biggest yacht is called Azzam and it is 180 meters long. It has been built by Lurssen Yachts, a company famous for having constructed 6 of the world's 10 largest yachts. It is unclear who Azzam's owner is but it is rumoured that it might be a member of the royal family of Abu Dhabi.

What Is the Largest Riverboat Casino in the World?

Horseshoe Southern Indiana Casino is the world's largest riverboat casino. Located across the Ohio River from Louisville Kentucky, the casino is the closest legal gambling location to Louisville and the large Southern Indiana cities. The construction of the riverboat casino cost $50 million, it is 138 meters (452 ft) long and 30 meters (100 ft) wide. Want to find out more about the riverboat casinos? Check our specially dedicated article on the topic.

Are There Any More Yachts Designed by Chulhun Park?

Yes, while the biggest yacht in the world is the most ambitious project designed by Chulhun Park, it is not his only work. In fact, some of Park's projects such as the 53m Galaxy and 98m Galaxia have already been produced and exposed at the Monaco Yacht Show 2018. You can find more of Park's projects displayed on his official page on Instagram.

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