Oceanco, one of the world’s leading custom yacht builders, is entering a new chapter with Gabe Newell – founder of Valve, tech pioneer, and longtime supporter. He has acquired the company from the Barwani family.
Over the past fifteen years, under the stewardship of the Barwani family, Oceanco has delivered some of the most iconic yachts – including Kaos, Bravo Eugenia, Black Pearl and Koru. With this foundation in place, it’s time for Oceanco’s next ownership.
The Barwani family will remain active in the yachting world through their continued ownership of Turquoise Yachts, a leading Turkish custom yacht builder.
Also read: Oceanco launches 111-metre superyacht
Placing people first
Gabe Newell is not entering this world as a financier or a strategist, but as a hands-on visionary who respects the sea, the craft, and above all, the people who make it possible. He wants Oceanco to continue on what it already does best: placing people first. As the yacht builder puts it: ‘This is not about buying a yacht company. It’s about plugging into a team and exploring what kind of future they can create when nothing holds them back. Human-first. Ocean-minded. Future-focused.’
Picture (top): Gabe Newell (photo by Oceanco).
Also read: Oceanco unveils Beyond Custom 101-metre yacht design
