Ocean Residences MY Njord

Specifications of Ocean Residences MY Njord

Year of build2025 new ship
BuilderMeyer Werft (Papenburg, Germany)
Classresidential cruise ship (luxury superyacht)
Speed22 kn / 41 km/h / 25 mph
Length (LOA)293 m / 961 ft
Beam (width)34 m / 112 ft
Gross Tonnage81000 gt
Christened bytba
OwnerOcean Group LLC (via Ocean Residences Development Ltd)
OperatorOcean Residences

Ocean Residences MY Njord Review

Review of Ocean Residences MY Njord

Ocean Residences Njord cruise ship is an ultra-luxury superyacht concept currently being developed by the Gzira Malta-based company Ocean Residences Development Ltd. MY Njord (MY stands for "motor yacht") will be constructed in Germany (by Meyer Werft) and delivered in 2025-Q1. The ship's namesake is Viking Njord (2012-built riverboat owned by Viking Cruises).

Similar "residence cruise ship" concepts are The World (2002-built, managed by ResidenSea), Narrative (2023-built, managed by Storylines Residences), Utopia (2023-built, managed by Utopia Residences), Dark Island (2025-built, by Clydebuilt)

History (ownership), shipboard facilities and amenities

Part of Ocean Group LLC (shipowner), Ocean Residences Development company's current management team includes:

  • Kristian Stensby (President and CEO/CHIEF EXECUTIVE OFFICER) is the company's founder, with 30+ years of experience within the cruise line industry and Scandinavian real estate developments (residential and commercial).
  • Alain Gruber (COO/CHIEF OPERATING OFFICER) is a former employee of The Ritz Carlton Hotel Company, Relais & Chateaux (luxury hotels and restaurants), and have worked for the cruise companies Cunard, Seabourn, NCL-Norwegian, Residences at Sea (MS The World).
  • Patrick Webster (CFO/CHIEF FINANCIAL OFFICER) worked as CFO at Residences at Sea.
  • Chris Armengol (VP GLOBAL SOURCING & LOGISTICS) is a former employee of Royal Viking Line (1972-founded/1998-defunct), Windstar, RCI-Royal Caribbean International, Cunard, and also have worked for Residences at Sea and Kerzner International (developer and operator of destination resorts, ultra-luxury hotels and residences).
  • Jean-Louis Stutzmann (LEAD ARCHITECTURAL DESIGNER) have participated in newbuild cruise ship projects for Residences at Sea, Cunard, Crystal, P&O UK, as well as in several private superyacht projects.

The Ocean Group LLC is The Hague Holland-based, full-service real estate company specializing in investments, developments and leasing its own real estate properties. The Ocean Group LLC is led by Paula Barker (Owner and President) and Kristian Stensby (CEO).

On October 29, 2019, Ocean Residences for the first time announced its plans for a residential cruise ship with gross tonnage/volume ~80000 GT-tons, LOA length 282 m (925 ft), beam/width 34 m (111 ft), draft 8 m (26 ft), 12 decks, 134 staterooms (118x condos plus 16x Guest Suites/hotel apartments for rent) all of which have step-out balconies.

Ocean Residences MY Njord cruise ship

With project launch in February 2020 and estimated delivery in 2024-Q3, the vessel Njord was promoted as a "private superyacht" featuring a spacious Sundeck, dedicated Helideck, multiple large-sized terraces, 3x outdoor swimming pools (1x main/seawater, 1x infinity pool, 1x kids pool), Garden Lounge, full Sports Court (for playing basketball-volleyball-tennis), Golf Centre (Mini-Golf Corse, golf simulator), 6x restaurants and bars/lounges (including Nightclub, Jazz Lounge), Culinary Studio, Billiards Room, Lido Market, Boutique Shops, Outdoor Cinema (large-sized LED screen for movies), Mudroom (for expedition gear storage and land tours preparation), an Oceanographic Research Laboratory (full-time staffed with expert scientists), Telescope Observatory (top deck, with retractable/slide-opening glass roof), Dive Club (scuba diving and snorkeling equipment, private boat tours).

Ocean Residences MY Njord yacht

The ship's wellness complex (total size 930 m2 / 10000 ft2) consists of Gym, Spa, Sauna Room, Steam Room, treatment rooms for massages/Chenot Method medical treatments, hydrotherapy pool, open-air deck (for yoga-pilates-meditation sessions), Aerobics Studio (for classes), personal trainers and sports concierges.

Ocean Residences MY Njord yacht

The updated in 2021 ship design features a Helideck (with 2x helicopters/Airbus ACH160, capacity 8 seats, flight range 740 km/460 mi), an aft Marina Deck (inflatable/foldout platform for launching watersports activities, also used as sundeck/total area 500 m2/5380 ft2), 2x mini-submarines (for charter), 1x motorized yacht (for charter), 2x diving/fishing boats (for charters), 10x Zodiacs (large-sized RIBs/rigid inflatable boats for shoreside and river cruising and landings), 4x ultra-luxury tender boats (for ship-to-shore passenger transfers), also jetskis, paddleboards, sea kayaks, small sailboats.

MY Njord yacht (Marina Deck)

Ocean Residences' cruise ship will be fully equipped to support under-charter oceanographic research expeditions. The equipment includes a powerful telescope (gyroscopically stabilized), UAs (unmanned aircraft/drones), ROVs (remotely-operated underwater vehicles/drones with multi-beam echo sounders for seabed mapping). The collected data (marine and atmospheric) will be available for purchase by public and private companies, research laboratories, scientific groups, environmental organizations.

MY Njord will be also used for supporting philanthropic missions and charities.

Ocean Residences Njord ship

The public areas' designs are marked by quality wood (furniture, flooring, structural elements), handmade carpets and woven textiles, bronze and glass fixtures, contemporary furniture and lighting, floor-to-ceiling windows (in all bars, lounges, restaurants).

For more information (including updates on the construction process and machinery details) read the ship's Wiki page.

Decks and Cabins

Most of MY Njord's staterooms are privately-owned apartments/condos (118 total) in 21 different configurations, with sizes ranging between 116-848 m2 (1250-9130 ft2) including the balconies. Cabin configurations range from 2- to 6-bedroom. Penthouses (duplex and triplex apartments) are with balcony hot tubs (Jacuzzies) and the largest ones have a plunge pool on the terrace. If requested, the condos can be fitted with additional amenities, like an infrared sauna, a walk-in wine cellar, humidors, specific designer furniture (made according to condo owner's specifications), different kitchen/bedroom/lounge configurations, etc.

Each bedroom has an ocean view and direct access to a private step-out veranda. All cabin balconies are furnished with premium patio furniture - padded deckchairs, sun loungers, low tables, 4-seat dining tables. Residents can organize classy private parties renting the services of world-class chefs, professional butlers, certified sommeliers. Room Service is 24/7.

The largest accommodations include 14x Duplex Penthouses (2-deck) and 2x Triples Penthouses (3-deck), all fitted with private elevators.

Condo prices start from USD 8 million (EUR 6,75M / GBP 5,75M), with an ownership maintenance fee 5% of the purchase price.

In addition to the 118 condos, there are 16x Guest Suites (hotel apartments) owned by Ocean Residences and available for private (short- or long-term) rent.

All the crew and staff members are accommodated in single-occupancy cabins.


Like all residential cruise ships, Njord operates the whole year-round on a "World Circumnavigation" itinerary.

Destinations and regions planned for this luxury superyacht include Arctic Europe (Norway, Iceland, Greenland), Alaska and West Coast USA, Arctic Russia (Siberia), Asia (Middle East, India, Southeast, China, Japan), South Pacific Islands, Australia-New Zealand, Central and South America (Panama Canal transits, Caribbean), Mediterranean, Atlantic Europe, East Coast USA and Canada (Transatlantic crossings), Suez Canal transition.

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Ocean Residences MY Njord Wiki

On May 15, 2020, DIV Shipbuilding (part of DIV Group/owner of the shipyards Kleven Norway and Brodosplit Croatia) signed an agreement with Ocean Residences Development Ltd (shipowner, headquartered in Mayfair, London England) for constructing the new ship ("residential yacht"), with works to be conducted on both its yards (in Norway and Croatia).

  • The deal was signed by Tomislav Debeljak (DIV Group's CEO) and Kristian Stensby (Ocean Residences' President and CEO).
  • Unfortunately, in July 2020, Kleven Verft (bought by DIV Group in January 2020) filed for bankruptcy and was acquired by Green Yard.

On July 30, 2021, Ocean Residences announced signing the shipbuilding contract with Meyer Werft, with vessel delivery planned for 2025-Q1. The contract was signed by Kristian Stensby and Bernard Meyer (Meyer Werft's Managing Director).

The superyacht will be constructed at Meyer Werft's shipyard in Papenburg Germany. The 2021-updated ship design has LOA length 293 m (961 ft), volume ~81000 GT-tons, 118 residences (plus 16x hotel suites for rent). The propulsion system is hybrid/diesel-electric (based on 360-degree rotating thrusters/Azipods). The powerplant is based on modern marine engines (running on ULSD/ultra-low sulfur diesel) integrated with large battery packs (for silent cruising). The Power and Navigation systems are integrated with AI technologies (artificial intelligence).

For the NJORD project were contracted Espen Oeino International (Monaco-based company specializing in superyacht design, sale and charter deals), Foreship Group Ltd (naval architecture/cruise ship design and engineering company headquartered in Helsinki Finland) and jls Design (Jean-Louis Stutzmann/interior designer, who was assigned as the project's Chief Design Officer). For designing the ship's top-tier Suites and Penthouses were contracted Jean-Michel Gathy (Denniston International Architects & Planners Ltd/Kuala Lumpur, Malaysia) and Francesca Muzio (FM Architettura/Interior Architecture & Design/Camerano, Italy).

In October 2022, Ocean Residences contracted V.Ships Leisure (Monaco-based company, subsidiary of V.Group Holdings Ltd) for servicing MY Njord. V.Ships' services include shipbuilding supervision, vessel management, crewing (all departments), port operations, ShipSure 2.0 (global marine digital platform offering online access to manual and automated data concerning all ship management aspects). The deal was signed by Kristian Kristian Stensby and Per Bjornsen (V.Ships Leisure's CEO).