Construction of the vessel was shrouded in secrecy.
“Formerly known only as Feadship 1011, the highly secretive 103m Feadship superyacht project has now been named Ulysses,” Boat International added.
That is the same name one of Hart’s previous superyachts had, a 107m Norwegian-built explorer yacht the billionaire sold in 2017.
“Project 1011 is almost ready to start sea trials, which means Feadship and everyone else involved can finally reveal some specs about it since keeping it a secret won’t be possible anymore,” Auto Evolution reported.
“With an exterior design by Sinot Yacht Architecture & Design over naval architecture by Azure Yacht Design, it boasts interiors by Sinot and a total length on water of 102.6 meters (336.7 feet), which technically makes it a megayacht,” the website added.
Hart left school at 16 and built a business empire.
Rank Group, which Hart owns, houses businesses that operate internationally in the packaging, consumer goods and building supplies industries.
He lives in Auckland but most of his investments are overseas.