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Home » Innovation » THE SEAWOLF: Converting a tug boat into a luxury yacht

THE SEAWOLF: Converting a tug boat into a luxury yacht

PortandTerminal.com, July 13, 2019

In 2007, IBM acquired Canadian Mike Potter’s software business for $4.9 billion. With that kind of money in the bank, you might expect Potter to have purchased a “conventional” billionaire’s yacht. Instead, he purchased the 58.8-meter Seawolf, a converted ocean-going tug with its original 1956 engines.

Seawolf’s bridge

Potter says though when he saw the Seawolf “I fell in love with it”. The boat was built to go in any kind of weather, but it was more than a tough boat. It had a lovely aura of a bygone age.

The Seawolf undergoing work and refit

The tug, built in the Netherlands and launched in 1957 as Clyde for L Smit & Co, was known for several feats of strength, including simultaneously towing two aircraft carriers and pulling supertankers through typhoons. 

Seawolf was converted into a superyacht by Astilleros de Palma in Mallorca from 1998 to 2004 and further upgraded and converted in 2008 and 2010. It has a range of 12,000nm @12knots, so just short of halfway around the world on one fill or 41.5 days of steaming.

The Seawolf’s crew goofing around

Accommodation is for up to 13 guests in five well-appointed cabins, including the privacy of a separate owners deck with a full beam cabin, office/study and pantry. Other guest cabins are configured as a VIP suite, a double and two twins and all cabins on this yacht for sale have entertainment centres, Samsung television screens and en suite bathroom facilities. 

Seawolf cabin

Interested in purchasing the Seawolf? It’s for sale. Mike’s kids have grown up and he’s put it on the market with an asking price of $14 million. It’s worth every penny in our opinion. Click here to see the listing.

Looking for something a little less expensive?

Click here to see another tug/yacht conversion that’s for sale. This one was built in 1890. Asking price $97,500

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