28 September 2026 · Yotters, independent yacht media
Yotters
Market & Brokerage

Ahoy Club's Ian Malouf Lists His Whole Fleet for EUR 150m

Ahoy Club founder Ian Malouf has put his entire four-yacht fleet up for sale through his own brokerage at once, led by the 73-metre Lurssen Coral Ocean at EUR 99 million. For an owner weighing whether to sell into a strong market or hold, Malouf's stated reason, trading up to a larger world-cruising yacht rather than exiting ownership, is the read worth watching alongside the EUR 150 million combined asking price.
18 September 20264 min readYotters DeskEdited by Leon Soliman
Coral Island, as she was in 1995, alongside at Port Vauban in Antibes the year after her Lurssen delivery. Ahoy Club's rebuild later renamed her Coral Ocean.
Coral Island, as she was in 1995, alongside at Port Vauban in Antibes the year after her Lurssen delivery. Ahoy Club's rebuild later renamed her Coral Ocean.Photo: Jean-Pierre Bazard Jpbazard / Wikimedia Commons (CC BY-SA 3.0)

What exactly did Ian Malouf put up for sale?

Malouf listed all four yachts owned through his brokerage, Ahoy Club, simultaneously: the 73-metre Coral Ocean at EUR 99 million, the 54-metre Mischief at EUR 19,990,000, the 35-metre Rascal at EUR 6,590,000 and the 30-metre Chaos at EUR 2,990,000, a combined EUR 150 million.

SuperYacht Times reported the listing on 17 September 2026, quoting Ahoy Club as the exclusive selling agent on all four yachts. Coral Ocean, a 1,526 GT Lurssen originally delivered in 1994 as Coral Island to a design by Jon Bannenberg, underwent a EUR 35 million hull-to-helm rebuild completed in 2022 and a further refit in 2026 covering her 30-year survey and new stabilisers. Mischief is a 54-metre Baglietto delivered in 2006 that completed a USD 15 million refit in Australia in 2024. Rascal, a 35-metre, and Chaos, a 30-metre, are both Sunseeker-built and are based in Australia alongside Mischief, while Coral Ocean is currently in the Mediterranean ahead of the 2026 Monaco Yacht Show.

Ian Malouf told SuperYacht Times the fleet is not a wind-down of his ownership: "There's two reasons. One, they're all in excellent condition, having completed comprehensive refits and exceptional maintenance, meaning they're in the prime of their existence. But the other reason is we're going to be looking at something a little bit larger with the possibility to do world tours." Ahoy Club CEO Ellie Malouf, Ian's daughter, is acting as central agent across all four yachts and said the timing reflects the fleet's post-refit condition rather than a sale under pressure: "With all four recently having had major investment at once, it made sense to bring them to market together."

Coral Island's stern and Hamilton registry, photographed in Antibes in 2009, before the 2022 hull-to-helm rebuild that produced today's Coral Ocean.
Coral Island's stern and Hamilton registry, photographed in Antibes in 2009, before the 2022 hull-to-helm rebuild that produced today's Coral Ocean.Photo: Axou / Wikimedia Commons (CC BY-SA 3.0)

How does owning the brokerage change what a buyer gets?

A buyer dealing with Ahoy Club on any of these four yachts is dealing with the actual owner and operator, not a third-party broker relaying information, because Ahoy Club managed, crewed and in two cases physically rebuilt the boats itself.

Ellie Malouf described the arrangement directly: "It's a big moment for us, presenting four yachts we know better than anyone because we've lived on them, refitted them and managed them ourselves. That first-hand knowledge is something buyers get with this portfolio that they wouldn't get anywhere else." Ian Malouf said the same in-house capability shaped how Mischief's refit was run: "We stripped her back to bare metal, ceilings, floors, walls, and rebuilt it, making more room. That is one incredible refit." He described the Mischief project as built on lessons from the earlier Coral Ocean rebuild: "It's like Coral, it's Coral standard. Obviously all the learning and stuff, but everything from air conditioning, paint, again, inside the boat. But then all the stuff you don't see."

That in-house refit and management expertise, developed first on Malouf's own boats, has since expanded into paid work for third-party owners, adding refit and yacht management to Ahoy Club's original charter and brokerage business. "We're carrying the stock. We own it," Malouf said of the four listings, a distinction from a conventional brokerage that lists yachts on behalf of other owners and typically has not lived aboard or managed them day to day. Mischief's refit was subsequently nominated in the Refitted Yachts, 500 GT and above category at the 2025 World Superyacht Awards. Ahoy Club's charter and sales fleets have both grown in parallel under Ellie Malouf's tenure as CEO, so the four-yacht sale is happening from a business that is expanding its third-party activity rather than one retreating to fewer boats after a hard year.

The hull Lurssen built in Bremen in 1994, seen here in her pre-rebuild form.
The hull Lurssen built in Bremen in 1994, seen here in her pre-rebuild form.Photo: Axou / Wikimedia Commons (CC BY-SA 3.0)

Why is Coral Ocean going to Monaco rather than selling quietly?

Coral Ocean will make her first sales appearance at the 2026 Monaco Yacht Show, berthed at R01, because it is the first time she has been offered for sale since her 2022 rebuild and Ahoy Club wants buyers to see the completed work in person rather than judge it from listing photographs alone.

Ellie Malouf called the Monaco appearance central to the sale: "We're also really excited to have Coral Ocean at the Monaco Yacht Show this year. She gives our existing and new clients a relaxed home base throughout the show, while our team plans and coordinates their yacht viewings and assists with any management, refit or other yachting requirements." The yacht carries a six-metre opening shell door in the main saloon, a glass-bottom spa pool on the rebuilt sundeck, a dedicated treatment room, an infrared sauna and a gym, accommodating 12 guests across six staterooms on a 13-metre beam. She has a stated range of 8,000 nautical miles at a 12-knot cruise.

Showing a freshly rebuilt yacht in person, rather than relying on photography, matters more for a vessel like Coral Ocean than for a newer build: she is a 1994 hull, and a buyer's main question is not what the brochure claims but how thoroughly a 32-year-old structure was actually brought up to current standard. A berth at R01 during the show, with Ahoy Club running viewings throughout, is Malouf betting that letting buyers walk the rebuild in person answers that question faster than a data room does.

Coral Island's aft decks and radar mast, before the sundeck reconstruction that came with the 2022 rebuild.
Coral Island's aft decks and radar mast, before the sundeck reconstruction that came with the 2022 rebuild.Photo: Axou / Wikimedia Commons (CC BY-SA 3.0)
A broadside view of the 73-metre hull at Antibes, the same profile Ahoy Club has since rebuilt twice.
A broadside view of the 73-metre hull at Antibes, the same profile Ahoy Club has since rebuilt twice.Photo: Axou / Wikimedia Commons (CC BY-SA 3.0)
A closer look at Coral Island in 2010, twelve years before her transformation into Coral Ocean.
A closer look at Coral Island in 2010, twelve years before her transformation into Coral Ocean.Photo: Axou / Wikimedia Commons (CC BY-SA 3.0)

How long does a sale like this actually take?

Yachts over 50 metres took a median of around 565 days to sell in the current market, according to Ocean Independence, so Coral Ocean at 73 metres is more likely headed for a multi-boat-show campaign than a quick single-event sale, whatever Malouf's Monaco unveiling suggests.

Ocean Independence's 2026 market data puts the median time to sell a yacht of 30 metres or more at approximately 460 days, or about 15 months, with the figure rising by size band: 30 to 40 metres averages around 480 days, 40 to 50 metres around 400 days, and 50 metres and above around 565 days. Only 8 percent of yachts sell within 90 days, and roughly 27 percent remain on the market for more than two years. A yacht that goes through even one price reduction typically extends past 600 days, and past 900 days after a fourth. None of that is specific to Ahoy Club's fleet, but it is the backdrop against which a EUR 99 million asking price on a 73-metre yacht has to be read.

Rascal and Chaos, at 35 and 30 metres, sit closer to the faster-moving 30-to-40-metre band, which still runs a median near 480 days rather than weeks. Mischief at 54 metres falls into the slower 50-metre-plus band alongside Coral Ocean. Malouf's framing, that the fleet is being sold from a position of strength rather than urgency, is consistent with a seller prepared for a campaign measured in seasons rather than one banking on a fast result at a single show, and Monaco functions as the opening move in that longer process rather than the likely closing one.

What owners and crew report

What is good, and what to watch

Strong points

  • Genuine post-refit condition, not a pre-sale patch jobAll four yachts completed major refits before being listed, Coral Ocean in 2022 and 2026, Mischief in 2024, rather than the more common pattern of a light cosmetic refresh timed just ahead of a sale.
  • First-hand ownership history from the sellerAhoy Club owned, crewed and in two cases rebuilt these yachts itself, so the selling agent's claims about condition and history come from direct experience rather than relayed third-party information.
  • Individual pricing transparency across a four-boat portfolioEach yacht carries its own published asking price rather than a single bundled figure, letting a buyer interested in only one boat evaluate it on its own number.

What to watch

  • The seller is also the broker on every listingAhoy Club is both owner and exclusive selling agent on all four yachts, so there is no independent broker's assessment of condition or value to weigh against Malouf's own account.
  • No independent survey or valuation figures disclosedThe EUR 35 million Coral Ocean rebuild cost and the USD 15 million Mischief refit cost are Ahoy Club's own figures; no third-party surveyor's valuation has been published for any of the four yachts.
  • A fleet-wide sale can itself move the asking prices buyers seeFour related yachts entering the market simultaneously through one agency is a different market signal than four independent sales spread over time, and it is not disclosed whether the prices reflect any bundling incentive.

Practical detail

Ahoy Club's Ian Malouf Lists His Whole Fleet for EUR 150m
Coral Ocean (73m Lurssen, 1994/2022 rebuild)EUR 99,000,000
Mischief (54m Baglietto, 2006/2024 refit)EUR 19,990,000
Rascal (35m Sunseeker, 2015)EUR 6,590,000
Chaos (29.8m Sunseeker, 2010)EUR 2,990,000
Combined asking priceApproximately EUR 150,000,000
Coral Ocean rebuild cost (2022)EUR 35 million, hull-to-helm
Mischief refit cost (2024)USD 15 million
Selling agentAhoy Club, exclusively, on all four yachts
Median time to sell, 50m+ segmentApproximately 565 days (Ocean Independence, 2026)
What is not publishedAny independent third-party survey or valuation figures for the four yachts, and a cost breakdown within the EUR 35m Coral Ocean rebuild or the USD 15m Mischief refit.

Questions this story answers

What happened?

Ahoy Club founder Ian Malouf has put his entire four-yacht fleet up for sale through his own brokerage at once, led by the 73-metre Lurssen Coral Ocean at EUR 99 million. For an owner weighing whether to sell into a strong market or hold, Malouf's stated reason, trading up to a larger world-cruising yacht rather than exiting ownership, is the read worth watching alongside the EUR 150 million combined asking price.

What is good about it?

Genuine post-refit condition, not a pre-sale patch job. All four yachts completed major refits before being listed, Coral Ocean in 2022 and 2026, Mischief in 2024, rather than the more common pattern of a light cosmetic refresh timed just ahead of a sale.

What should an owner or buyer watch?

The seller is also the broker on every listing. Ahoy Club is both owner and exclusive selling agent on all four yachts, so there is no independent broker's assessment of condition or value to weigh against Malouf's own account.

What do owners and crew report?

Ian Malouf said the Mischief refit deliberately carried over lessons from Coral Ocean: 'It's like Coral, it's Coral standard... everything from air conditioning, paint, again, inside the boat. But then all the stuff you don't see.' (SuperYacht Times, Ian Malouf (17 September 2026))

Who reported this?

SuperYacht Times, Francesca Webster (17 September 2026), Ian Malouf, Founder, Ahoy Club, Ellie Malouf, CEO, Ahoy Club, Ocean Independence market data (14 May 2026).

Reported from primary sources: SuperYacht Times, Francesca Webster (17 September 2026), Ian Malouf, Founder, Ahoy Club, Ellie Malouf, CEO, Ahoy Club, Ocean Independence market data (14 May 2026).
Yotters DeskEditor-in-Chief: Leon SolimanEditorial standards

We do this for everyone who loves this world. The people who have spent their lives in it, and the people just discovering it. Yotters exists so that what we learn belongs to all of them.

Nobody pays us for this. No ads, no sponsors, nothing for sale. We just believe the world is a little better when knowledge is shared instead of kept.

If it gave you something today, tell us to keep going. Follow us, leave a like, or write a positive comment. We read every one, and they are what keeps us going.

Related stories

Market & Brokerage

Coral Ocean Relists at EUR 99m, Testing Her EUR 35m Refit

Market & Brokerage

A $2m Refit Sold Sunseeker's Captain Morgan III in 90 Days

Market & Brokerage

Astrimare II Sells at EUR 5.6m as Sanlorenzo SL86 Resales Soften

The Yotters Brief

The yacht world, read every morning.

The stories that move the yacht world, before the market does. Join the owners, brokers and builders who start the day with Yotters.