The 73 metre Lürssen superyacht Coral Ocean has been pictured for the first time following a major €35 million refit at the Astilleros de Mallorca shipyard. 

She was delivered as Coral Island by Lürssen in 1994 and was one of the yard’s biggest projects at the time. Jon Bannenberg, often considered the godfather of modern yacht design, was responsible for her exterior profile. The yacht cruised privately for most of her life until she changed hands at the 2019 Monaco Yacht Show. She was purchased as Coral Ocean by Australian entrepreneur Ian Malouf who embarked on a “no expense spared” refit. 

Coral Ocean made her post-refit debut at the 2022 Monaco Grand Prix and is now available for Mediterranean charters with the Ahoy Club.  

“We spent just one week on Coral Ocean straight after purchasing her at the 2019 Monaco Yacht Show, which was the fastest sale in superyacht history, and this gave us enough time to decide we were going to completely transform her,” said Malouf. “The pandemic has served us a good period of time to rebuild the yacht with no shortcuts. What could have been a challenging task managing the rebuild via video from Australia was made almost seamless by our fantastic team on the ground in Palma and awesome technology.”

The sundeck was a central part of the yacht’s refit work and was rebuilt entirely to create an…