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MAN OF STEEL Yacht – Premier $150 M Superyacht

Measuring 86 meters, she is one of the world’s largest yachts.

Previously known as SEVEN SEAS, the name was inspired by the fact Spielberg had seven children. He owned the vessel from her delivery in 2010 through to 2021.

seven seas drone back shot

MAN OF STEEL yacht interior

The interior of the MAN OF STEEL yacht includes a fully equipped gym, a spa, a beach club, a movie theatre, a beauty salon, a dance floor, and of course, a glass elevator that connects the different levels of the yacht. 

The gym is arguably one of the most impressive parts of this superyacht as it has floor-to-ceiling windows providing great views from one of the upper decks of the vessel.

This allows guests to have a beautiful view of not only the pool below but also the breathtaking scenery this yacht might pass when underway.

The private owners’ deck offers a fantastic state-of-the-art master bedroom with its own dressing room as well as an attached office or study. This suite includes its own private deck area with a sizable jacuzzi perfect for relaxing and drinking a glass of wine under starry skies. 

The six additional luxurious suites can accommodate 12 additional guests allowing the MAN OF STEEL to welcome up to 14 guests in total who are tended to by 23 crew members. The MAN OF STEEL interior was designed by Nuvolari & Lenard and Molly Isaksen and is equipped with exquisite furniture made of walnut, teak, and rosewood, accented with natural materials and fabrics.

The design of the yacht interior is simple yet classy, with clean and minimalist spaces. Wooden furnishings can be found in all parts of the vessel, although the interior is not as opulently furnished and decorated as other superyachts in its price category.

Nuvolari & Lenard is a renowned design duo that specializes in traditional yacht design for vessels between 25 and 185 meters in length. Their aim is to redefine beauty while keeping classical elements in mind.

In collaboration with the American interior designer Molly Isaksen, they created a one-of-a-kind fusion of naval architecture, incorporating contemporary and traditional elements in the interior of this beautiful vessel. The MAN OF STEEL offers a 250 square feet semi-covered sundeck, which is located adjacent to the main salon that provides enough space for larger events and celebrations aboard the vessel. A crew of 23 members of staff offers an excellent 5-star service and fulfills every possible wish of the guests onboard the MAN OF STEEL superyacht.

With excellent fine dining capabilities and luxurious amenities, this yacht is ideal for private ownership as well as high-end charter service.

seven-seas-side-shot

Yacht specifications

The MAN OF STEEL has a length of 86 meters (282.15 ft) with a beam of 14.2 meters (46.6 ft) and a draft of 3.91 meters (13 ft)​​.

She was built by Oceana in Alblasserdam, the Netherlands using mainly steel and aluminum which is their specialty. MAN OF STEEL was completed and delivered to Steven Spielberg in 2010. The yacht has her main port in George Town, the capital of the Cayman Islands, under whose flag she sails and she has been spotted as far south as the port of Puerto Escondido . With a weight of 2.658 tons and an output of 6,984 kW (9,496 hp), the MAN OF STEEL can reach top speeds of 20 knots.

Her maximum range lies at 4,750 nautical miles, which is respectable considering her size.

Yacht exterior

Designed by Azure Naval Architects and styled by Nuvolari & Lenard, the MAN OF STEEL yacht combines exceptional craftsmanship with unique outlines. The hull of the ship is set in an elegant dark blue, while the upper decks were left in the traditional brilliant white that many yachts bear. On the aft deck, you will find an impressive infinity pool with an incredible 4.6 meter (15 ft) glass wall, which doubles as a movie screen if required. The aft has another slightly smaller pool as well as a sizable deck with comfortable seating. This deck can be used as a helipad for smaller aircraft allowing guests to arrive in style. When this area isn’t needed for landing purposes, it can be covered completely by large awnings providing additional shade to guests.

Seven seas drone shot

Toys and equipment

A yacht this size naturally comes with lots of toys and equipment to entertain the guests onboard.

The MAN OF STEEL carries four jet skis, several sea bobs, kayaks, paddleboards, snorkeling equipment, and much more. 

The two tenders onboard the vessel are always ready to take the guests to the mainland or to the nearest secluded beach.

Spielberg purchased them from Hodgdon Yachts, a shipyard based in Maine in the United States after MAN OF STEEL was delivered in 2010.

The larger of the two tenders, the Limo, has space for twelve people with luxurious leather upholstery, flatscreen television, and air conditioning.

When the weather is nice, the roof of the tender can be lifted and opened using hydraulics.

seven seas drone back left

Additional information

In 2013 MAN OF STEEL was overhauled and refitted by Amico & Co, a well-known superyacht repair and design company.

The shipyard is based in Genoa, Italy, and has a 60,000 m² dock and operating area where work on both smaller and larger vessels can be carried out.

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Canadian steel billionaire Barry Zekelman has rightfully named his $150 million superyacht ‘Man of Steel.’ The 282-foot-long vessel, purchased from Steven Spielberg, features a dance floor, two swimming pools, as well as indoor and outdoor cinemas.

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MAN OF STEEL Oceanco

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MAN OF STEEL has 58 Photos

Luxury Superyacht MAN OF STEEL

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86m superyacht MAN OF STEEL ready for French Riviera luxury yacht charters

86m superyacht MAN OF STEEL ready for ...

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  • MAN OF STEEL

If you have any questions about the MAN OF STEEL information page below please contact us .

Superyacht MAN OF STEEL (ex Seven Seas, hull Y706) is an 86m (282.15ft) megayacht built by Oceanco in 2010, with a refit in winter 2022/2023 (Paint job, brighter colours over all, All exterior seating areas have new cushions and new fabric, Full bridge electronics upgrade, Additional Starlink system integrated with 5G cheap high speed internet while at sea, interior is as new, floors redone and Marble polished, Both tenders limo and sport repainted, new upholstery, and dashboard, AC system tuned and upgraded). The magnificent MAN OF STEEL yacht features Naval Architecture by Oceanco and Azure. Her interior design together with the exterior design is a creation of Nuvolari & Lenard designers, which includes a trademark Oceanco infinity swimming pool on her aft deck that can be conveniently transformed into a helipad or an entertaining area. She accommodated 12 guests in 7 cabins and has a crew of 28.

NOTABLE FEATURES: ~ Two pools ~ Jacuzzi ~ Gymnasium ~ great selection of top water toys ~ numerous lounging areas ~ number of dining options ~ alfresco dining area ~ wheelchair access ~ elevator/lift ~ at anchor stabiliser ~ underway stabilisers ~ air-conditioning ~ WiFi

Motor yacht MAN OF STEEL has a spectacularly shaped and thoroughly tested steel hull with a bulbous bow that is capable of worldwide ocean-going voyages and extensive cruising on high seas. The sheer size, quality and style of the superyacht will ensure that is recognized as a true Oceanco and one of the most impressive mega yachts in the world, whether cruising or at anchor.

She is the culmination of research into innovation and consideration of the owners’ desires. With a beam of 13.80 metres and good height throughout her levels, she provides capacious interior and exterior deck space. Her contemporary interior features walnut, teak and rosewood interspersed with natural materials, fabrics and colours.

The vessel features spacious accommodation and extensive amenities for 12 guests, including a private owner’s deck with a large separate master stateroom with a study and a private deck area with a pool. In addition to the owner's suite, there are 4 large guest suites and a full width of the beam VIP stateroom on the main deck and an additional secluded VIP stateroom on the terrace deck. All of the cabins have been fitted to the highest of standards and feature the latest entertainments systems.

MAN OF STEEL Specifications

Some highlights of superyacht MAN OF STEEL include her Signature Oceanco Swimming Pool, a Fully equipped Gymnasium, a Spa and Massage room and Cinema seating in the main salon. She has an extensive list of amenities including a wide array of water sport toys and tenders and is fitted with the latest audiovisual entertainments systems as well as the most technologically advanced communications systems.

Fitted with twin 4,680hp / 3,492 kW MTU engines the yacht reaches a maximum speed of around 19.5 knots and a cruising speed of 16 knots. She is MCA compliant and has a full complement of 23 professional crew to attend to her guests.

Yacht Accommodation

The yacht has spacious accommodation and extensive amenities for 12 guests, including a private owner’s deck with a large separate master stateroom with a study and a private deck area with pool. In addition to the owner's suite, there are 4 large guest suites and a full width of the beam VIP stateroom on the main deck and an additional secluded VIP stateroom on the terrace deck. All of the cabins have been fitted to the highest of standards and feature the latest entertainments systems.

Amenities and Extras

We do have available further amenity, owner and price information for the 86.00m (282' 2") yacht MAN OF STEEL, so please enquire for more information.

MAN OF STEEL Disclaimer:

The luxury yacht MAN OF STEEL displayed on this page is merely informational and she is not necessarily available for yacht charter or for sale, nor is she represented or marketed in anyway by CharterWorld. This web page and the superyacht information contained herein is not contractual. All yacht specifications and informations are displayed in good faith but CharterWorld does not warrant or assume any legal liability or responsibility for the current accuracy, completeness, validity, or usefulness of any superyacht information and/or images displayed. All boat information is subject to change without prior notice and may not be current.

Quick Enquiry

“There’s the pleasure derived from beauty - beautiful things alone can save us. There’s no explicit functionality which can show the way to project design related decision making. What moves everything is passion for beauty. This is the sexiest thing about the boat taken as an object which really makes it very different to houses, paintings, or other forms of art. The chance to put your boat object you have fallen in love with on show for all to see. It’s a near perverted aspect of wanting to share your very own passion with someone else. Boats can be shown off anywhere. And moreover you sleep inside her, you cruise in beautiful places with her and having style you probably enjoy better interiors than you have at home. " - Dan Lenard from Nuvolari – Lenard, a large, multi-award winning Italian yacht design firm.

Motor Yacht MAN OF STEEL

CHAKRA | From EUR€ 495,000/wk

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86M CUSTOM LUXURY YACHT | From EUR€ 1,200,000/wk

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Man of Steel READ LISTING DISCLAIMER

Due to her sheer size, quality and style Man of Steel is recognised as one of the most impressive superyachts in the world, a true Oceanco which excels whether cruising or at anchor.

Man of Steel has an amazingly shaped steel hull with a bulbous bow capable of voyages ranging from worldwide ocean-going to extensive cruising of high seas. Among her many amenities she includes a trademark Oceanco infinity swimming pool on the aft deck which can also be transformed into a helipad or even an area for entertaining.

Other highlights of Man of Steel include a fully equipped gym, sauna, steam room and massage room and cinema seating based in the main salon. She has an extensive list of amenities and boasts a wide array of water sport toys and tenders, as well as being fitted with state of the art audio visual entertainment systems and high end advanced communication systems.

Accommodation

Man of Steel can accommodate 12 guests across seven cabins. The owner's cabin boasts a king size bed, ensuite bathroom with bath tub, as well as a large office and its very own pool deck forward. She has an additional five staterooms on the main deck, with one privately on the lower deck.

The particulars on this page are a general guide to give a broad description of the yacht. They are not intended to constitute part of an offer or contract. All prices, photographs, measurements, plans and specifications referred to are given as a guide only and should not be relied upon for the charter of this yacht. The copyright of all details,photographs and deckplans remains the property of their respectful owners.

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man of steel yachts

MAN OF STEEL for charter

An icon in the yachting world ready to deliver unsurpassed experiences across multiple impressive decks and seven staterooms.

The expansive pool deck serves as the main guest level with 5 staterooms including impressive VIP suite. Professional cinema with tiered seating is also located on this level amid ship. The generous Owner’s suite a level up overlooks its own pool deck and features a large office and more. An inviting and central salon can host a variety of intimate or larger gatherings and circular dining has breaktaking views.

Never offered for charter before, now ready for the 2022 Med Summer season. This remarkable mega yacht will truly tick the remaining boxes for a dream getaway.

Specifications

  • Name: MAN OF STEEL
  • Yacht Type: Motor Yacht
  • Builder: Oceanco
  • Length Overall: 86.01 metres
  • Beam: 14.2 metres
  • Max Draught: 2.35 metres
  • Gross Tonnage: 2658

Construction

  • Year of Build: 2010
  • Hull Number: Y706
  • Hull Type: Full Displacement
  • Number of Decks: 4
  • Classification: LR
  • MCA Compliant: MCA Compliant:

Performance & Capacities

  • Max Speed: 20 kn
  • Cruising Speed: 16 kn
  • Fuel Capacity: 280000 litres
  • Water Capacity: 80000 litres
  • Range: 5500 nm
  • Total power: 9360 hp
  • Hull: Steel
  • Superstructure: Aluminium

Accommodation

  • Passenger Rooms: 6
  • Master Rooms: 1
  • Double Rooms: 2
  • Twin Rooms: 1
  • VIP Rooms: 2

Cruising areas

  • Summer: West-Med
  • Winter: Bahamas , Caribbean

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Man of Steel - 2008

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Bigger, better, more complex

Man of Steel was Heesen’s first 50 metre steel hull displacement yacht. The owner had previously built a smaller semi-displacement yacht at Heesen and the shipyard was a clear first choice when he required something larger. Bigger, better, more complex, the new yacht moved Heesen into 50 metre construction and we were determined that our first yacht at this length would be something spectacular.

First impressions

One of the most striking features is the bridge’s reverse windshield. This not only increases visibility in wet conditions but gives the yacht a sleek, streamlined shape. The specially-designed bulbous bow creates an anti-wave for a smoother path through the water. This results in a reduction in the power required to reach a top speed of 14,5 knots. Less power requires less fuel.

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Step aboard

Four distinct deck areas provide huge amounts of outside space. On the sun deck an eight-person Jacuzzi is faced by a vast quadruple sunbed, while the entire dining and bar area is shaded by the radar arch, with a large, opening sunroof providing natural light. An additional Jacuzzi is situated on the private owner’s deck.

man of steel yachts

Specifications

Hull type: Displacement

Exterior design: Omega Architects

Interior design: Omega Architects / Mark Wallace

Hull: Steel

Length over all: 50.0 metres / 164 feet

Beam over all: 9.60 metres / 31 feet 6 inches

Draft (half load): 3.10 metres / 10 feet 2 inches

Tonnage: approx. 600 GT

Accommodations

Cabins: Full-beam owner’s stateroom, two double guest suites and one twin guest suites

Technical Details

Maximum speed (half load): 14.5 knots

Range: 3,500Nm at 13 knots

Fuel capacity: 80,000 litres / 21,130 US Gallons

Fresh water: 20,000 litres / 5,280 US Gallons

Propulsion Details

Main engines: 2 × MTU 8V 4000 M70

Maximum power: 2 x 1,160kW

Main generators: 2 x Kilo-Pak, each 150kW

Bowthruster: HRP 110kW, electrically driven

Stabilisers: Naiad Dynamics, type 820, zero speed

General arrangement

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Wheelhouse deck

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Thom Conboy   Agent North-America, Mexico, Bahama's & Caribbean

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man of steel yachts

M/Y MAN OF STEEL

man of steel yachts

About M/Y MAN OF STEEL Yacht Charter | French Riviera

MAN OF STEEL is a Luxurious Mega Yacht measuring 86m in length and is available for Charter on the French Riviera. Accommodating up to 12 guests in 7 cabins makes this Extremely Spacious Yacht suitable for a weekly charter in the Mediterranean. The Extraordinary Vessel features large floor to Ceiling windows throughout the yacht that brighten the interior space and outline the decor creating a unique and modern look.

Indulge in the 5 star Luxury MAN OF STEEL with a full crew at your service catering to your every need while Cruising the Mediterranean in Style. On the Sundeck, you will find a State of the Art Jacuzzi, Bar, and BBQ available for you and your guests to enjoy.

With ample space for you to lounge throughout this Spectacular Mega Yacht you will be able to take in the breathtaking views that the coastline of the French Riviera and the private offshore Islands have to offer.

Call Princess Charter Yachts to learn more about chartering your next Super Yacht in the French Riviera and one of our knowledgeable specialists will assist you with making your next Dream Charter Vacation into a Reality.

  • 2 Swimming Pools
  • Spacious Beach Club
  • Wellness Center including Sauna, Steam Room, Massage Room & Gym
  • Paddle Boards
  • E Wave -Electric Jet Board
  • Inflatable Jet Ski Dock
  • 4 x Seabobs
  • 4 x Sea Doo Jet Skis
  • Electric Jetboard
  • Aqua Lily Pad
  • Floating Pad

man of steel yachts

Specifications

  • Length: 86m / 282 ft
  • Beam: 14.2m / 46'7 ft
  • Number of Guests Sleeping: 12
  • Number of Guests Cruising: 12
  • Guest Cabins: 7
  • Summer Locations: St Tropez | Villefranche-Sur-Mer | French Riviera | Amalfi Coast
  • Winter Locations: Caribbean | Bahamas | Virgin Islands | St Barts | Antigua | Saint Martin | Bermuda
  • Region: West Mediterranean
  • Builder: Oceanco
  • Built: 2010
  • Number of Crew: 28
  • Cruising Speed: 15 Knots
  • Max Speed: 20 Knots

Luxury Charter yacht

Discover The Man Of Steel Superyacht For Charter

Discover the man of steel superyacht for charter, chartering a yacht in france and italy just got a whole lot better and is one of the most amazing experiences a tourist can have on the french riviera and italian riviera, motor yacht man of steel travels between both the amalfi coast and the french riviera to allow guests to experience both of these amazing serene locations and truly immerse themselves into their yacht charter holiday. taking in all of the lush natural and picturesque scenery while on your man of steel yacht charter elevates the entire cruising experience to a higher level of luxury and creates such amazing memories of beauty never experienced beforehand anywhere else. princess charter yachts has been providing yacht charters on the amalfi coast and the french riviera for over 17 years and is eager to assist each of our beloved guests achieve their dream yacht charter vacation with us., you may also like.

Naples Italy luxury yacht charter MAN OF STEEL

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Experience a summer of premier events with an action-packed Mediterranean yacht charter

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By Katie Scott   18 March 2024

Teeming with effortless class and style, Mediterranean yacht charters offer premium indulgence throughout the duration of a luxury yacht charter , with private access to a vast number of high-profile gatherings throughout the summer. 

Renowned for its fully stocked events calendar throughout the year, a West Mediterranean yacht charter offers boundless opportunities to obtain front-row seats at some staggering events and introduce charter guests to sights and sounds that will never be forgotten.

In addition to the fully-fledged shows and exhibitions that annually descend for South of France yacht charters , 2024 also offers exciting slots to witness Olympic sailing events plus the prestigious America's Cup. 

2024 Mediterranean yacht charter summer events

Ground level view of the Monaco Grand Prix underway, with racers on the track and spectators in the stands behind

Ready to welcome crewed yacht charters throughout the summer, the Mediterranean has a great selection of forthcoming events for action-packed Spain and France yacht charters . Here are the dates for your calendar.

  • Monaco Historic Grand Prix - 10-12 May
  • Cannes Film Festival - 14-25 May
  • Monaco Grand Prix - 24-26 May
  • Cannes Lions - 17-21 June
  • Olympic Games sailing and football - 28 July - 8 August
  • America's Cup Barcelona - 22 August - 3 October
  • Cannes Yachting Festival - 10-15 September
  • Monaco Yacht Show - 25-28 September

Mediterranean events yacht charters

Providing an exclusive base and luxury environment for both family and corporate yacht charters , having your yacht rental berthed in the marina gives you and your charter guests every luxury and splendor within arm's reach and incredible front-row seats in some of the season's hottest must-attend events. 

With an incredible collection of superyacht charters available for French Riviera yacht charters , here's a selection of yacht rentals with remaining availability for some of the summer's iconic events.

MAN OF STEEL

Charter yacht MAN OF STEEL at anchor with a tender underway alongside

A striking 282.2ft (86m) Oceanco yacht charter , motor yacht MAN OF STEEL is an extravagant addition to the global yacht charter fleet with an abundance of premium facilities and a seamless flow around the decks thanks to an elevator and open-plan layouts.

Completing a refit in 2023, MAN OF STEEL has a new lease of life for the 2024 charter season, with a state-of-the-art cinema, an extensive water toy collection, a deck Jacuzzi, a spa and gym plus a dancefloor and a spacious beach club.

Perfect for events yacht charters , MAN OF STEEL can entertain charter guests throughout the day and night.

Man of Steel Yacht

Boasting captivating interior styling by English designer Terence Disdale, 180.5ft (55m) Amels charter yacht SAMIRA has plenty in store to keep charter guests entertained during a France or Spain yacht charter , with W--Fi connectivity, a piano, spacious living areas, and abundant alfresco dining and lounge options.

Hosting a well-appointed five-cabin layout, charter yacht SAMIRA hold a great selection of water toys, making her an ideal choice for a combined events and watersports yacht charter . Some of the toys found onboard include Jet Skis, three SEABOBs, wakeboards, inflatable water toys, paddleboards, and snorkeling equipment.  

Samira Yacht

A beautifully proportioned motor yacht charter , 153.3ft (46.7m) charter yacht ASYA is an inspiring member of the Heesen yacht charter fleet, with smooth, elegant lines and captivating Far Eastern-inspired interiors.

Ideal for family yacht charters with her child-friendly setup, ASYA has a great range of facilities onboard like a deck Jacuzzi, alfresco lounge and dining areas, Wi-Fi connectivity, and a good range of water toys that include a Dariel tender for exciting onshore excursions.

Asya Yacht

A comfortable and convenient Benetti yacht charter , 125ft (38.1m) motor yacht CHARADE has a warm and welcoming character, with plenty of exterior deck space to enjoy the unfolding summer events under the Mediterranean sun.

Equipped with multiple facilities for a yacht charter vacation, CHARADE hosts a deck jacuzzi, Wi-Fi connectivity, alfresco dining, spacious interiors, and, of course, an enticing collection of water toys. Suitable for France, Spain or Ibiza yacht charters , CHARADE knows how to entertain and provide nothing less than an indulgent yacht charter experience.  

Charade Yacht

A captivating sailing yacht charter from the fleet of Oyster yacht charters , 122.10ft (37.44m) sailing yacht ARCHELON was built in 2019 and is equipped for adventure. Suitable for charter guests of all ages, her vast exterior deck space has all the makings for a convivial atmosphere during the forthcoming Olympic Games, with plenty of watersports equipment to make the most of the Mediterranean waves.

Boasting a five-cabin layout for up to 12 sleeping guests, highlights include a top-of-the-range gym, two tenders including a Williams Tender for excursions to popular yacht charter destinations , and bikes for invigorating rides while enjoying a South of France yacht charter .

Archelon Yacht

Booking a Mediterranean yacht rental

Elevated view looking down over a marina in Portofino, with superyacht charters berthed

When booking an events yacht charter time is of the essence, to secure the best berths in the marina it is highly advisable to book as early as possible. 

If you're interested in attending some of the summer's high-profile events in conjunction with a Mediterranean yacht charter , contact your preferred yacht charter broker today for the latest information on yacht rentals availability and yacht rental costs .

Mediterranean yacht charters

Carinthia VII yacht charter

97m Lurssen 2002 / 2023

Meridian A yacht charter

85m Lurssen 2011 / 2019

Quantum of Solace yacht charter

73m Turquoise Yachts 2012 / 2022

Lady Britt yacht charter

63m Feadship 2011

Galaxy yacht charter

56m Benetti 2005 / 2022

Oasis yacht charter

53m Oceanco 1997 / 2024

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Man of Steel

Today on TAP: President Biden’s blockage of the proposed purchase of U.S. Steel by Japan’s Nippon Steel is unprecedented and magnificently pro-union.

by Robert Kuttner

March 18, 2024

Kuttner on Tap 031824.jpg

Susan Walsh/AP Photo

President Joe Biden speaks at a United Steelworkers Local 2227 event in West Mifflin, Pennsylvania, Monday, September 5, 2022, to honor workers on Labor Day.

You’d think it would be hard for Biden to top his full-on embrace of the UAW and their stunningly successful strike against the Big Three automakers. But Biden has just done it by declaring that he opposes the takeover by Japan’s Nippon Steel of U.S. Steel.

The U.S. needs to “maintain strong American steel companies powered by American steel workers,” Biden declared , adding: “U.S. Steel has been an iconic American steel company for more than a century, and it is vital for it to remain an American steel company that is domestically owned and operated.”

This move doubles down on Biden’s commitment to rebuild domestic industry and rejection of corporate-driven “free trade” and his alliance with the labor movement. There is a process for government evaluation of proposed foreign takeovers of American companies on national-security grounds. A review is conducted by an interagency Committee on Foreign Investment in the U.S. (CFIUS). The final decision whether to allow a deal to proceed is made by the president.

More from Robert Kuttner

CFIUS had begun a review of the Nippon-U.S. Steel takeover, but Biden short-circuited the process—not on the basis of narrowly defined military concerns but on industrial-policy and labor grounds. While both companies have mounted PR and lobbying campaigns to rescue their deal, Biden’s statement effectively kills it.

What if Japan complains to the (increasingly moribund) World Trade Organization ? Well, Japan exports about two million cars to the U.S. annually but finds ways to limit U.S. auto exports to Japan to about 25,000. So bring it on.

Biden’s stunning move is entirely legitimate. For one thing, a leading Japanese steelmaker was buying an American producer against a background of steelmaking overcapacity worldwide and in Japan. So the deal might well lead to reduced U.S. steel production and jobs.

Also, U.S. Steel, especially under its current CEO David Burritt, has a dismal labor record. And there was an alternative suitor to Nippon, Cleveland-Cliffs (known as Cliffs), a company whose whole business strategy is based on close alliance with its union, the United Steelworkers.

Biden’s effective killing of the Nippon deal reopens the possibility of acquisition of U.S. Steel by Cliffs, in collaboration with the Steelworkers. Veterans of the four-decade struggle to revive a domestic, unionized steel industry told me they never thought they would live to see this day.

Biden’s rejection of the Nippon deal reflected weeks of campaigning by both the USW and Cliffs. The action had the support of his top advisers, but the impulse came personally from Biden.

In the proposed Nippon-U.S. Steel deal, there is also a grotesque personal conflict of interest on the part of CEO Burritt. U.S. Steel’s performance has been lackluster. Burritt is lousy at making steel. Before takeover bids began in 2023, U.S. Steel stock had been trading at around $22 a share. The Nippon buyout is valued at $55 a share. That translates to a windfall $70 million payday for Burritt in stock options, at the expense of the company and its workers.

Cliffs’ initial offer for U.S. Steel translated to about $40 a share, but in the bidding war with Nippon, Cliffs raised that to $54 , just a dollar a share below Nippon’s winning bid. Since the effective collapse of the Nippon deal, Cliffs CEO Lourenco Goncalves has been cagey about what he might offer now. But his bid can’t go too low, since U.S. Steel has had other suitors, including ArcelorMittal, the world’s second-largest steelmaker.

Burritt, who is 69 and ready to retire, is said to be spitting mad that the combined efforts of Cliffs, the Steelworkers, and President Biden killed his payday. Burritt may well resist a sale to Cliffs out of sheer spite. But here is where good old shareholder capitalism comes to the rescue.

Informed observers expect that Cliffs’ eventual offer will be between $35 and $40 a share. U.S. Steel stock is currently trading at around $39, reflecting that view.

That’s a lot better than $22 a share—a handsome gain for shareholders. If Burritt refused to sell out of spite, he’d be open to all manner of shareholder suits. As a consolation prize, Burritt himself would walk away with at least $30 million, even at the reduced takeover price.

Of course, an acquisition of U.S. Steel by Cliffs would be a gain not just for shareholders but for stakeholders —union workers, their families and communities. It’s been a long time since we’ve seen this brand of capitalism.

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man of steel yachts

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IMAGES

  1. MAN OF STEEL Yacht Photos

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  2. MAN OF STEEL Yacht

    man of steel yachts

  3. Man of Steel yacht 2021.

    man of steel yachts

  4. Review: Heesen 50-meter "Man of Steel"

    man of steel yachts

  5. Man of Steel

    man of steel yachts

  6. Motor yacht Man of Steel

    man of steel yachts

VIDEO

  1. ¿Sabías qué? Man of Steel

  2. Van der Heijden Steel Yachts

  3. Formerly owned by Steven Spielberg MAN OF STEEL #luxuryyacht #monaco

  4. Coco Steel & Lovebomb

COMMENTS

  1. MAN OF STEEL Yacht • Barry Zekelman $150M Superyacht

    The Man of Steel Yacht is a luxurious vessel built by esteemed Dutch yacht builder Oceanco. The yacht, valued at US$ 150 million, can accommodate 12 guests and maintains a crew of 26. It is powered by 2 MTU engines, giving it a top speed of 20 knots and a cruising speed of 14 knots, with a range of 4,750 nautical miles.

  2. Man of Steel Yacht Charter

    The 86.01m/282'2" 'Man of Steel' motor yacht built by the Dutch shipyard Oceanco is available for charter for up to 12 guests in 7 cabins. This yacht features interior styling by Italian designer Nuvolari Lenard. Built in 2010, Man of Steel is custom-built for world-class luxury yacht chartering, offering a wealth of spacious living areas and ...

  3. MAN OF STEEL Yacht

    January 3, 2023. MAN OF STEEL Yacht - The 86 meter, $150M Superyacht. Watch on. Measuring 86 meters, she is one of the world's largest yachts. Previously known as SEVEN SEAS, the name was inspired by the fact Spielberg had seven children. He owned the vessel from her delivery in 2010 through to 2021. Name:

  4. Barry Zekelman: The Billionaire Tycoon Behind Atlas Tube

    He is the owner of the Oceanco Man of Steel Yacht.She was built as Seven Seas for film producer Steven Spielberg.. The superyacht can accommodate 12 guests in 6 suites. She has a crew of 26. The yacht is powered by 2 MTU engines.These bring her a top speed of 20 knots. Her cruising speed is 14 knots. Her range is 4,750nm.

  5. MAN OF STEEL Yacht

    Formerly owned by Steven Spielberg, the stunning MAN OF STEEL yacht measures a length of 86 meters she is one of the world's largest yachts.Previously known ...

  6. Canadian steel billionaire Barry Zekelman has rightfully named his $150

    The stunning Man of Steel yacht was bought by tycoon Barry Zekelman in 2021 Billionaire Barry Zekelman, worth $3.5 billion, was born with a diamond-studded platinum spoon in his mouth. The wealthy family was known as one of North America's largest steel pipe and tube makers, a steel business that Zekelman took over at 19.

  7. Yacht MAN OF STEEL, Oceanco

    Oceanco. SUNRAYS | From EUR€ 1,150,000/wk. Oceanco. View the latest images, news, price & similar yachts for charter to MAN OF STEEL. Superyacht MAN OF STEEL (ex Seven Seas, hull Y706) is an 86m (282.15ft) megayacht built by Oceanco in 2010, with a refit bin winter 2022/2023.

  8. Man of Steel Yacht

    Man of Steel is a motor yacht with an overall length of m. The yacht's builder is Oceanco from The Netherlands, who launched Man of Steel in 2010. The superyacht has a beam of m, a draught of m and a volume of . GT.. Man of Steel features exterior design by Nuvolari Lenard and interior design by Nuvolari Lenard. Up to 15 guests can be accommodated on board the superyacht, Man of Steel, and she ...

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    Man of Steel is a custom motor yacht launched in 2010 by Oceanco in Alblasserdam, Netherlands and most recently refitted in 2016. Oceanco specialises in building large custom yachts up to 160m in length. Man of Steel measures 85.95 feet in length, with a max draft of 3.96 feet and a beam of 14.02 feet. She has a gross tonnage of 2,658 tonnes.

  10. MAN OF STEEL

    The generous Owner's suite a level up overlooks its own pool deck and features a large office and more. An inviting and central salon can host a variety of intimate or larger gatherings and circular dining has breaktaking views. Now accepting bookings for the 2023 Med Summer season, this remarkable mega yacht will truly tick the remaining ...

  11. Charter Luxury Motor Yacht 85.95m Man of Steel

    All prices, photographs, measurements, plans and specifications referred to are given as a guide only and should not be relied upon for the charter of this yacht. The copyright of all details,photographs and deckplans remains the property of their respectful owners. Book a private charter onboard luxury superyacht Man of Steel. Due to her sheer ...

  12. MAN OF STEEL

    Formerly owned by Steven Spielberg, the stunning MAN OF STEEL yacht was sold to Barry Zekelman in 2021. Measuring a length of 86 meters she is one of the wor...

  13. MAN OF STEEL yacht (Oceanco, 86.01m, 2010)

    MAN OF STEEL is a 86.01 m Motor Yacht, built in Netherlands by Oceanco and delivered in 2010. Her top speed is 20.0 kn, her cruising speed is 16.0 kn, and she boasts a maximum cruising range of 5500.0 nm at 14.0 kn, with power coming from two MTU diesel engines. She can accommodate up to 12 guests in 6 staterooms, with 28 crew members.

  14. MAN OF STEEL Yacht Photos

    Interior & exterior photos of MAN OF STEEL, the 86m Oceanco mega yacht, designed by Nuvolari Lenard with an interior by Nuvolari Lenard.

  15. MAN OF STEEL yacht for charter (Oceanco, 86.01m, 2010)

    Lurssen • $44,900,000 • 60.97 m • 12 guests. CALLIOPE. Richmond Yachts • $15,500,000 • 43.28 m • 12 guests. > View all yachts for charter. MAN OF STEEL is a 86.01m superyacht built by Oceanco and available for charter with OCEAN Independence right now. Explore her today.

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    An extraordinary yacht from renowned shipyard Oceanco, MAN OF STEEL boasts unrivaled facilities for her 12 guests. With an on board cinema, gym, wellness center, two swimming pools, a jacuzzi, and spacious beach club, she promises a remarkable charter experience. The sublime owner's suite comes with a private seating area, office and views of ...

  17. Yacht Man of Steel • Oceanco • 2010 • Location

    Yacht » Man of Steel » Location. Man of Steel Yacht - Live Location. Live Location. Yacht Owner Photos Location For Sale & Charter News. Name: Man of Steel: Length: 86 m ( 282 ft) Builder: Oceanco: Year: 2010: Price: US$ 150 million: Owner: Barry Zekelman: Follow the location of the Man of Steel Yacht live!

  18. Man of Steel

    Man of Steel was Heesen's first 50 metre steel hull displacement yacht. The owner had previously built a smaller semi-displacement yacht at Heesen and the shipyard was a clear first choice when he required something larger. Bigger, better, more complex, the new yacht moved Heesen into 50 metre construction and we were determined that our ...

  19. Man Of Steel Yacht for Sale

    Man Of Steel Yacht for Sale is a 43 superyacht built by MIDNIGHT EXPRESS POWERBOATS in 2022. Currently she is located in Fort Lauderdale, United States and awaiting her new owners. ... Man of Steel stands out as one of the finest 43-foot Midnight Express powerboats available on the market at the moment. It's a generously appointed craft, built ...

  20. MAN OF STEEL Yacht

    The 26.88m/88'2" motor yacht 'Man Of Steel' was built by Leopard in Italy. This luxury vessel's exterior design is the work of Paolo Caliari and she was last refitted in 2002. Guest Accommodation. She is also capable of carrying up to 3 crew onboard to ensure a relaxed luxury yacht experience.

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    Discover The Man Of Steel Superyacht For Charter, Chartering a Yacht in France and Italy just got a whole lot better and is one of the most amazing experiences a tourist can have on the french riviera and Italian riviera, Motor Yacht Man Of Steel travels between both the Amalfi Coast And the French Riviera to allow guests to experience both of these amazing serene locations and truly immerse ...

  22. Man of Steel

    Built to exacting standards and always professionally maintained, Man of Steel is a unique yacht available for a few select, exclusive charters. Bold yet timeless exterior lines are matched by a crisp, colorful and comfortable interior. Natural teak and rosewood accent the impressive yet relaxed spaces while splashes of contemporary art catch ...

  23. Experience a summer of premier events with an action-packed

    A striking 282.2ft (86m) Oceanco yacht charter, motor yacht MAN OF STEEL is an extravagant addition to the global yacht charter fleet with an abundance of premium facilities and a seamless flow around the decks thanks to an elevator and open-plan layouts. Completing a refit in 2023, MAN OF STEEL has a new lease of life for the 2024 charter season, with a state-of-the-art cinema, an extensive ...

  24. Man of Steel

    In the proposed Nippon-U.S. Steel deal, there is also a grotesque personal conflict of interest on the part of CEO Burritt. U.S. Steel's performance has been lackluster. Burritt is lousy at making steel. Before takeover bids began in 2023, U.S. Steel stock had been trading at around $22 a share. The Nippon buyout is valued at $55 a share.