Moran Yacht &amp; Ship is, without a doubt, one of the most successful superyacht brokerage firms in the world. Headed by Robert Moran, the man still very much at the helm opened the brand’s doors in Fort Lauderdale in 1988 after 18 years of exploring the Seven Seas as a superyacht captain, the hands on experience of which Moran strongly insists is at the core of the company’s continuous success in selling and building some of the world’s most iconic vessels.

<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165444/image/large-ddd61cb589d51c8446eb55a04fe09442.jpg" data-gid="gid://syiq/Photo/165444">

Today, Moran’s sales record speaks for itself. However, success does not often come without criticism, and for many in the industry, Moran Yacht &amp; Ship is certainly perceived as one of the most boldly aggressive. This perception is founded in an element of truth, but perhaps a little misguided. Moran is an astute businessman who is seriously passionate about the superyacht industry. The aggression that people may perceive stems from being one of the best, knowing it, and consequently becoming increasingly frustrated with others who give the industry a bad name and, in short, throw away potential opportunity. Robert Moran is focused on the bigger picture: the longevity of the industry.

“I don’t think that we’re aggressive,” Moran states as I pose this reputation to him. “I just think that we’re not shy about telling people of our attributes. I mean, we’ve sold 22 Lürssen’s in 17 years, 50% of their production. That’s quite an achievement. A lot of these other companies have a lot of employees who are ex-insurance salesman. Now, there’s nothing wrong with insurance salesman, or attorneys or stock brokers, but they didn’t work in the marine industry. And all of a sudden they work for two years in the yachting industry and they’re experts? That doesn’t work for me.”

<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165445/image/large-10b7522ed925c2e358f8f1a42c2de3cb.jpg" data-gid="gid://syiq/Photo/165445">

Photo by Klaus Jordan 

His ballsy, no-nonsense attitude is not limited to his peers and competitors, however. He’s also a staunch believer of shirking the typical ‘yes-man’ treatment of clients. “Most guys in the business think they have to shower these people with platitudes,” he says, “but we don’t do that.” Of course it could be a different story in reality, but from our meeting in the US yachting hub of Palm Beach, it’s probably safe to say that his anti-baloney attitude is very much present within every element of his life. Here Moran tells us the brands’ story in his own words.

As a brand you talk a lot about being different to other brokerage firms. What specifically sets you apart from your competition?

I think what sets Moran Yacht &amp; Ship apart from a lot of our competitors is that we’re a really tight knit group made up of a lot of people who have worked on yachts. When it comes to selling large yachts, you have to really know what you’re talking about and it takes a long while to get that experience. On top of that, we build. The necessary experience for selling these boats can only be gathered by being involved with projects and actually building boats. If I was a potential yacht buyer I wouldn’t go to a brokerage company that didn’t have the experience of building at least 10 yachts.

What’s the secret to creating fruitful relationships with your clients?

I find the best way is to be yourself and to be honest. Don’t be false, you don’t need to kiss their backside or butter them up. Just be yourself. People recognise that. They recognise your talents and they respect that. I’ll tell you something else; we have the lousiest offices in the yachting world. I do not need palatial offices in central London or any of that. If I’m going to spend money, I’m not going to spend it on flashy baloney. It doesn’t make sense. A lot of our clients walk into our offices and see the projects on the wall, everybody working hard… I mean, we have captains of industry in our office who are genuinely impressed. They like that it is a working office. I’ve been into offices where they have stewards in dickie bows serving drinks and canapes. Now that’s baloney.

<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165446/image/large-0bc94f5f4c3750a2b2fb977b740e5a6f.jpg" data-gid="gid://syiq/Photo/165446">

Photo by Klaus Jordan

You have five offices located in strategic yachting spots around the world, with your head office centred in Fort Lauderdale. Are you looking to expand further?

We’ve had an office in Monaco for around six years and we’ve just expanded that to a significantly larger office. We’re quite frugal, we don’t throw our money away. I haven’t got the ego where I need to have three secretaries and someone to answer my telephone calls and to send all my emails - I can do that myself. We are a very profitable company because we watch our costs and watch our expenses.

You’ve mentioned that Moran Yacht &amp; Ship has sold around 50% of Lürssen’s production. How did your relationship with the yard begin?

We deal with a lot of shipyards - right now we’re building a boat with Hakvoort, Oceanco, Lürssen, we’ve just done a boat in Italy with Mangusta, we’re building a boat with Sanlorenzo… so we’re not necessarily ‘stuck’ with just one or two shipyards. But Lürssen up until 1993 or 1994 had only built around seven yachts. They decided in the late 90s to get into the yacht building business. I remember meeting with Peter Lürssen and Michael Bremen, and I told Peter we have a client who wants to build a 60-metre yacht. He said to me, ‘Well, if you bring me two clients, I’ll build them.’ We brought him two: Capri and Phoenix, and we went from there.

Speaking of Lürssen projects, the 74-metre Aurora (previously known as Thor and first announced in 2014) was recently launched from the yard’s facilities in Germany. What stands out to you in regards to that project?

She’s just a great boat. She’s 74-metres and she has a GRT of almost 2300, which is just a massive volume. She has some wonderful features, eight cabins, 10-metre tenders, a huge spa, gymnasiums - everything - but she is just a really lovely, quality boat. She is a boat that is going to be sailing around for 50 years, and she’ll still look great in 50 years.

<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165447/image/large-25bdbd17a409e2df43e7670de6b02f80.jpg" data-gid="gid://syiq/Photo/165447">

Photo by Klaus Jordan

<div>I was there with some of the guys at the launch and - just a silly thing - when you walk up the stairs from the aft deck, the owner said he wanted a nice, relaxing seat, sort of a pedestal area. I thought that was mad. When the owner walked on for the very first time, the first thing he did with his wife is sit on this seat. On itself it wasn’t a big thing, but it struck me that something as small as that made a difference to the owner - the first thing he did on the boat was to sit in this spot and say, “I really like this.”</div>

<div> </div>

You also just sold the 85.1-metre Lürssen superyacht Solandge at the end of March after 10 months on the market with Moran. Tell us about the deal.

We originally sold Solandge in 2008 to the owner who just sold the boat recently. A lovely boat with beautiful features. She had been on the market prior to being listed with Moran Yacht &amp; Ship with another brokerage company for 18 months, so it’s quite an achievement to have a boat of that magnitude for just 10 months and we got the job done. We don’t just like to list boats, we like to sell boats. Too many company’s reason to be is just to get the listing on the boat - somebody else sells it, they get a piece of the action. We want to list them, sell them, do it all.

Does the company typically attract quite experienced clients?

Not necessarily, but I much prefer to deal with clients who have got some experience in yachting - they really understand us. They really get Moran Yacht &amp; Ship. They know what we bring to the party. Unfortunately, I see so many guys coming to boat shows who, to their credit, have worked hard and made a fortune, but they they walk around and they have no idea. When a broker they approach knows just a tiny bit more than them, that broker then becomes the ‘expert’. That’s not good.

<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165448/image/large-a9eae298aef56a55e457c7a5d4f703d4.jpg" data-gid="gid://syiq/Photo/165448">

Photo by Klaus Jordan 

Tell us about your most memorable project over the years.

That’s a tough one. We built the 87-metre Ace a few years ago for a great guy. Now when we were designing the boat he told me that he wanted to have his gymnasium right on the aft deck. I told him that’s a bad idea… that’s not what you’re supposed to do. He told me that he wanted it and it’s his boat. He built the boat for himself, and I thought that was great.

A lot of yachts are cookie-cutter boats… basically. So I like it when you first see it and you say to yourself, ‘That is really nuts.’ Then you see it again and you begin to realise that it’s really, really cool.

Tell us a little about what you’ve got going on right now.

We’re not really allowed to talk about many of the things that we’ve got going on… So right now we’re building eight yachts, all of which are currently under construction, we’re looking to sign hopefully another three this year. Every year for the past 20 years, we’ve delivered one or two yachts. Everyone in the business thinks that we can’t possibly be building all these big boats, and every year they keep on coming out. So we’re going to do the same thing this year. Next will be Solar, then next year there will be two boats, three in 2019… so we’ve got a good pipeline of boats. I believe success breeds success, and hopefully the smart guys will come to us because they know that our record speaks for itself.

<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165449/image/large-685458b75386e6d28f7daa2ade921da0.jpg" data-gid="gid://syiq/Photo/165449">

The full interview with Rob Moran was published in the latest edition of the SuperYacht Times newspaper. <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" target="_blank">Subscribe now</a> to receive your copy straight to your door and never miss another issue.

 

<a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" target="_blank"><img alt="[no-lb]" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/165450/image/large-497ed1a8279ab76e7a9b1be37e818942.jpg" data-gid="gid://syiq/Photo/161506"></a>

original

small

medium

large

extra_large

Insight: Cutting to the chase with Moran Yacht & Ship

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the appointment of Evan Kortmann as Chief Executive Officer, succeeding Enrico Theuns, who has led the company since 2023.<img src="https://photo-assets.superyachttimes.com/photo/399351/image/large-0b3b67f3579803bdd2cecd343234633d.jpg" data-gid="gid://syiq/Photo/399351">Theuns was originally appointed as CEO through a planned three-year transition following the retirement of founder Wim van der Valk in April 2024. During his tenure, <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> expanded into the 30 metre segment and further strengthened their position in the superyacht market.&nbsp;Read more: <a data-gid="gid://syiq/Article/60237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard announces retirement of founder and management buyout (2024-04-22 09:30:00 +0200)">Van der Valk Shipyard announces retirement of founder and management buyout</a><img src="https://photo-assets.superyachttimes.com/photo/314045/image/large-e3b7cc6745248f659ccfc2d9b2962713.jpg" data-gid="gid://syiq/Photo/314045">“Leading <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> over the past three years has been a rewarding experience,” commented Enrico Theuns. “I am proud of what we have accomplished together and grateful to our employees, clients, co-makers and partners for their commitment and support throughout this period.”Evan Kortmann joins the management team alongside Technical Director Bram Kooltjes and Commercial Director Yoeri Bijker. Theuns will remain involved during the coming months to &nbsp;ensure a smooth transition and support the handover of his responsibilities.Kortmann joins <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> from <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> where he acted as Chief Executive Officer following the semi-retirement of Daan Balk in 2023. Evan joined Balk the year prior as Chief Commercial Officer before transitioning to CEO.&nbsp;Read more: <a data-gid="gid://syiq/Article/58021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down (2023-07-04 16:45:00 +0200)">Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down</a><img src="https://photo-assets.superyachttimes.com/photo/351424/image/large-efe5e4f30ffe75940f3be9e197745b18.jpg" data-gid="gid://syiq/Photo/351424">“<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has built a strong international reputation for delivering high-quality custom yachts,” explained Kortmann. “Our focus on fully custom yachts between 200 and 500 GT allows owners to create a yacht that reflects their individual requirements, while benefiting from the experience and craftsmanship of our team.”“I look forward to working with our clients, colleagues and partners as we continue developing the company and delivering yachts that meet the highest standards of quality and craftsmanship.”

Evan Kortmann appointed CEO of Van der Valk Shipyard

Van der Valk Shipyard has announced the appointment of Evan Kortmann as Chief Executive Officer.

Van der Valk Shipyard appoints Evan Kortmann as CEO

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has been granted 60 days to submit its final restructuring plan after the Court of Florence formally opened proceedings under Article 44 of Italy's Crisis and Insolvency Code.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The court approved the company's application, filed on 1 July, and appointed three judicial commissioners to oversee the process. In its order, the court said <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> proposed restructuring appears to be structured with the objective of preserving the company as a going concern.The company said business activities will continue as normal under the protection of court-ordered measures that prevent creditor enforcement actions during the restructuring. The 60-day deadline may be extended by the court if necessary.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing marks a further step in <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG’s</a> restructuring process after the company said it could no longer pursue a turnaround solely within Italy’s negotiated settlement framework. Its board resolved on 30 June to seek protection under Article 44, with the application filed the following day.Read: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>In a recent market update, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> disclosed consolidated net financial debt of approximately €178.7 million and €266.8 million in overdue liabilities as of 31 May 2026. The company also confirmed that accumulated losses had <a href="https://www.superyachttimes.com/yacht-news/tisg-enters-restructuring-phase-share-capital-below-legal-minimum" target="_blank">reduced its share capital below the legal minimum</a> required under Italian law.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>Despite missed loan repayments, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said its lending banks have not accelerated outstanding borrowings while restructuring negotiations continue. The company has also received a €25 million interest-free shareholder loan from controlling shareholder GC Holding to support liquidity during the process.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, which owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, said it will continue operating its new-build and refit businesses while it prepares the restructuring proposal.

TISG granted 60 days to file restructuring plan

The Italian Sea Group (TISG) has been granted 60 days to submit its final restructuring plan.

French catamaran builder <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027 after overseeing the company's development for several years.<img src="https://photo-assets.superyachttimes.com/photo/336108/image/large-030539c248d560fb467ce7d5ce4321c0.png" data-gid="gid://syiq/Photo/336108">The governance changes come as the group, which includes the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot Yachts</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands, prepares for its next phase of growth ahead of its 50th anniversary.Gardies will progressively transition his responsibilities over the coming months to ensure continuity within the business, with Deputy Chief Executive Officer Mathieu Fountaine tasked by the Board of Directors with supporting the next phase of the group's long-term development strategy.The Board has also appointed Stéven Guedeu as Deputy Chief Executive Officer. Guedeu joined the company in 2011and has held a number of commercial leadership positions in the development of both the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands. In his new role, he will oversee the group's sales and marketing activities, while supporting the execution of its long-term strategy.After more than 20 years, Deputy Chief Executive Officer Romain Motteau’s role has not been renewed. <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> stated that Motteau will continue to oversee the group's international activities, while working on a new strategic project, which is expected to be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/370998/image/large-1dccbc7db8fe06ebede4b4e471e38bab.png" data-gid="gid://syiq/Photo/370998">The company has also expanded its Executive Committee, which now comprises Nicolas Gardies, Mathieu Fountaine, Stéven Guedeu, Group Industrial Director Johan Le Saux, Supply Chain &amp; IT Director Vladimir Popov, Chief Financial Officer Betty Roger, Human Resources Director Mélanie Pouplier and Group Purchasing Director Déborah Pligot.In addition, Jordan Sabot has been appointed Communication &amp; Digital Director, succeeding Hélène de Fontainieu following her 32 years with the company. Sabot will be responsible for leading the group's communications strategy, supporting its international development and accelerating its digital transformation.The governance changes follow the publication of <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a>'s first-half fiscal 2025/26 results, during which the group reported revenue of €136.3 million while maintaining positive profitability. The company said it will continue investing in product development, innovation, the energy transition and the continued growth of its Fountaine Pajot Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Yachts and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands.

Fountaine Pajot CEO Nicolas Gardies to step down

Fountaine Pajot has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027.

Fountaine Pajot CEO Nicolas Gardies to step down following leadership transition

NextBoat has announced a strategic partnership with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, under which the US-based boating and yacht retailer will adopt <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s AI-powered wholesale platform for the sale of its trade-in and pre-owned inventory.<img src="https://photo-assets.superyachttimes.com/photo/390341/image/large-be765afb7248df37e9b507deb714d575.jpg" data-gid="gid://syiq/Photo/390341">The agreement marks the first time that an enterprise dealer group has adopted the platform as its preferred wholesale partner. Under the arrangement, pre-owned inventory will be evaluated, marketed and sold through <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s nationwide network of wholesale buyers.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates more than 120 locations worldwide and generated more than $2.3 billion in annual revenue. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> believes the partnership will increase transaction volumes across its platform while supporting the growth of its marketplace, data and financing businesses.According to the company, the platform is designed to modernise the wholesale and trade-in process through the use of artificial intelligence, real-time transaction data and a digital marketplace. Features include AI-powered vessel valuations, nationwide wholesale bidding, transaction management tools, automated workflows, inventory analytics and integrated financing and insurance solutions.As part of the agreement, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s finance and insurance division, Newcoast, will provide financing and insurance services for transactions originating through the platform. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> said this has the potential to generate recurring revenue through financing activity and insurance policy renewals as transaction volumes increase.“For 15 years, I've believed the marine industry deserved the same technology, transparency and scale that transformed automotive retail,” said Jason Ruegg, Founder and Executive Chairman of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>.&nbsp;“Today, the largest and most respected company in our industry has chosen to deploy the platform we built. We believe that validation speaks not only to what NextBoat has built, but to where this industry is headed.”Ruegg added that the agreement represents the beginning of the enterprise-scale deployment of the company's platform, with financing and insurance expected to become an increasingly important source of recurring revenue.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">In May 2026, it was announced that online marine marketplace <a data-gid="gid://syiq/Article/66120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales to rebrand as NextBoat (2026-05-19 16:45:00 +0200)">Off The Hook Yacht Sales would officially rebrand</a> as <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> Inc, effective on or about 29 May 2026. The rebrand aimed to reflect the company’s evolution from a traditional yacht brokerage business, into an AI-powered technology platform.As well as this, <a data-gid="gid://syiq/Article/66089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts completes acquisition of Apex Marine Group (2026-05-14 16:30:00 +0200)">Off The Hook Yachts announced it had completed the acquisition</a> of marine, service and storage company, Apex Marine Group. Off The Hook Yachts believes that the Apex acquisition opens the door for additional partnerships, as it expands both its sales and service platforms.Kyle Langbehn, Executive Vice President and President of Retail Operations at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, commented: “By integrating <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s advanced technology into our pre-owned retail platform, we believe we can improve efficiency while continuing to deliver exceptional service to our customers.”

NextBoat launches strategic partnership with MarineMax 

NextBoat has announced a partnership with MarineMax for the sale of its trade-in and pre-owned inventory using its AI-powered wholesale platform.

<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> has announced the appointment of Niels Lensen as Sales Director, effective 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/398953/image/large-abfc046002b73174bf9884b16561e472.jpg" data-gid="gid://syiq/Photo/398953">Bringing more than three decades of experience across the yachting industry, Niels Lensen will be responsible for all commercial activities at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> and is the new primary point of contact for yacht refits, ReCrafts, or class surveys.Lensen has worked across the industry in brokerage, new construction, surveys, management, charter, maintenance and refit roles, both in the Netherlands and the Mediterranean.&nbsp;In 2015, Lensen founded <a data-gid="gid://syiq/Company/4837" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NL Marine (Company)">NL Marine</a>, a boutique brokerage house operating between the Netherlands and the French Côte d'Azur, as well as previously holding sales directorships for <a data-gid="gid://syiq/Company/104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jongert Yachts (Company)">Jongert</a> and <a data-gid="gid://syiq/Company/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lengers Yachts (Company)">Lengers Yachts</a> France. <img src="https://photo-assets.superyachttimes.com/photo/398954/image/large-4595b189d7933b2c017c760f19863c4b.jpg" data-gid="gid://syiq/Photo/398954">“<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> has long set the standard for serious refit and ReCraftTM work in the Netherlands, and I am honoured to be joining the team,” explained Lensen. “The craftsmanship, the facilities in Urk, the calibre of projects that come through the yard are a compelling combination. I very much look forward to working with clients who share that same passion for doing things properly.”ReCraftTM refers to <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a>’s registered trademark and reflects their expertise in transforming existing yachts through extensive refit, redesign and technical upgrades, allowing them to restore a yacht to a condition that they believe rivals or even surpasses new-build standards.Lensen will be available throughout the 2026 yacht show season alongside the <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> team at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a>, <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a>, <a data-gid="gid://syiq/Event/346" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2026">Metstrade</a>, <a data-gid="gid://syiq/Event/340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2026">Fort Lauderdale International Boat Show</a> and <a data-gid="gid://syiq/Event/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2026">Palm Beach International Boat Show</a>.

Royal Balk Shipyard appoints Niels Lensen as Sales Director

Balk Shipyard has announced the appointment of Niels Lensen as Sales Director, effective 1 July 2026.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has released an updated market disclosure outlining its financial position as of 31 May 2026, providing further insight into the Italian superyacht builder's ongoing restructuring process.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The filing, published at the request of Italian financial regulator Consob, follows <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> entry into Italy's Negotiated Crisis Settlement procedure in March after the company disclosed internal financial irregularities. It comes weeks after the builder confirmed that accumulated losses had reduced its share capital below the statutory minimum required under Italian law.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a>As of 31 May 2026, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG Group</a> reported a consolidated net financial debt of around €178.7 million, including over €154.6 million in bank debt and cash and cash equivalents of approximately €7.5 million. The parent company, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG S.p.A</a>, reported a net financial debt of over €179.6 million.The disclosure also details €266.8 million in overdue liabilities across the group. This comprises over €42.6 million in overdue financial liabilities, over €77.6 million in trade payables, around €98 million owed to factoring companies, over €29.3 million in tax liabilities and over €18.1 million in social security liabilities.<img src="https://photo-assets.superyachttimes.com/photo/278854/image/large-10473eb6d3fdc1c0fbd3a7cdaa4e5d83.jpg" data-gid="gid://syiq/Photo/278854">According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, although the missed repayment of certain loan instalments entitles its lending banks to declare all outstanding borrowings immediately due, they have not exercised this right while negotiations continue under the court-supervised restructuring process.The company also revealed that it has received 30 payment orders from creditors since entering the restructuring procedure on 16 March, representing claims totalling approximately €2 million. Of these, 22 have been settled for an agreed amount of €408,000, while several others have either been challenged, are under negotiation or will be addressed as part of wider financial restructuring discussions.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing confirms that <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> remains protected by measures granted by the Court of Florence on 20 April, which remain in force until 14 July 2026. The company said these measures continue to stay enforcement actions by creditors covered by the court order while negotiations with lenders and other stakeholders progress.Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>The update also provides further details on the €25 million interest-free shareholder loan granted by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> controlling shareholder, GC Holding S.p.A. The company said the funding was introduced after cost overruns across the majority of its yacht construction contracts reduced operating margins and placed significant pressure on cash flow while production continued on vessels under construction.The shareholder loan is subordinated to the company's bank debt and is repayable by 31 December 2032.An Ordinary Shareholders' Meeting has been convened for 22 July 2026 to consider the company's financial position and the measures required to restore its share capital.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Moreover, the company’s Board of Directors, which met on 30 June 2026, resolved to file a petition pursuant to Article 44 of Legislative Decree No. 14/2019 (the so-called “domanda prenotativa”), in order to access protective legal measures and safeguard business continuity.The decision follows recent developments in discussion with shipowners, which the company said no longer made it possible to pursue a turnaround solely within the framework of the negotiated settlement procedure. The filing, expected to take place immediately, will allow the company to operate under court protection while preparing a restructuring plan.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, and continues to operate its new-build and refit businesses while the restructuring process remains ongoing.

The Italian Sea Group reports financial debt

The Italian Sea Group (TISG) has released an updated market disclosure outlining its financial position as of 31 May 2026.

TISG reports over €178 million net financial debt in latest restructuring update 

US-based boating and yacht retailer <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has completed the refinancing of its $1.49 billion senior secured credit facilities.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">The company has replaced its existing loans with a new financing package designed to lower borrowing costs, increase financial flexibility and extend the repayment deadline to June 2031.The refinancing includes a $950 million inventory financing facility, a $302.5 million term loan, a $150 million revolving credit facility, which replaces a $100 million facility and an $85 million delayed draw mortgage facility, of which $35 million is currently outstanding and replaces the previous $100 million facility.“This refinancing strengthens our financial position by lowering our borrowing costs, extending our maturity and providing additional liquidity to support the continued execution of our long-term strategy,” explained Michael H. McLamb, Executive Vice President, Chief Financial Officer and Secretary of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>.The financings were led by M&amp;T Bank as Administrative Agent and Joint Lead Arranger, along with Wells Fargo Commercial Distribution Finance as Joint Lead Arranger and Floor Plan Agent.“Successfully completing this transaction on improved terms in today’s marine industry environment underscores the strength of our lender relationships and reflects the confidence they have in our operating performance, disciplined capital allocation, healthy balance sheet and management team,” concluded McLamb.&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">In May 2026</a>, Reuters reported that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> was preparing for a potential sale of the company. One potential buyer had raised its offer and one prominent private equity firm was conducting due diligence, with the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> board of directors agreeing to move forward with a sale process.Read more:&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">MarineMax explores potential sale as Donerail raises its bid</a>Headquartered in Clearwater, Florida, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates 65 marinas and storage locations, alongside 70 dealerships, offering yachts for sale, as well as marine services through its acquisition of <a data-gid="gid://syiq/Company/2184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Island Global Yachting (Company)">Island Global Yachting (IGY)</a> in 2022, as well as <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.&nbsp;

MarineMax refinances $1.49 billion credit facilities

MarineMax has completed the refinancing of its $1.49 billion senior secured credit facilities.

MarineMax refinances $1.49 billion credit facilities, extending debt maturity to 2031

Spanish refit and repair specialist <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a> has announced the appointment of Enrique Tintore as its new Commercial Director.<img src="https://photo-assets.superyachttimes.com/photo/397920/image/large-eafb40a43f57108f116704f5b6a5a5fb.jpg" data-gid="gid://syiq/Photo/397920">Tintore joins the Palma-based shipyard with a background in Marine Engineering and Naval Architecture, bringing extensive technical expertise and experience within the international superyacht sector.Prior to joining <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>, Tintore spent nearly a decade at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, where he was involved in the development and delivery of several innovative projects across the company's yacht portfolio, including the first Xplorer 60 yacht <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> and her YS53 yacht support <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a>.&nbsp;Read more: <a data-gid="gid://syiq/Article/64071" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting completes double delivery with Xplorer 60 After You and YS53 Emotional (2025-08-21 11:30:00 +0200)">Damen Yachting completes double delivery with Xplorer 60 After You and YS53 Emotional</a><img src="https://photo-assets.superyachttimes.com/photo/333944/image/large-076b8d514006d5235b5d3cf442ea37e6.jpg" data-gid="gid://syiq/Photo/333944">In his new role, Tintore will support <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>'s commercial activities and strategic development as the shipyard continues to expand its position within the global superyacht refit and maintenance market.Founded in 1942, <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a> is one of the Mediterranean's leading refit facilities, providing maintenance, repair and conversion services for superyachts and commercial vessels from its facilities in Palma de Mallorca.

Enrique Tintore appointed as Commercial Director at Astilleros de Mallorca

Astilleros de Mallorca has announced the appointment of Enrique Tintore as its new Commercial Director.

Astilleros de Mallorca appoints Enrique Tintore as Commercial Director

<a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group’s</a> 28-metre foiling yacht, <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>, will be built at the company’s new Abu Dhabi headquarters and manufacturing facility. The expansion has been announced alongside a $20 million investment in advanced production technology.<img src="https://photo-assets.superyachttimes.com/photo/378710/image/large-1fe37a7ffb6584ffd857ab156ba7776b.jpg" data-gid="gid://syiq/Photo/378710">The UAE-based manufacturer said the waterfront site will strengthen its ability to test and manufacture next-generation products, including <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>. She was unveiled at the Abu Dhabi International Boat Show last year and is scheduled for launch in 2029.Read: <a data-gid="gid://syiq/Article/64805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler unveils 28m foiling yacht concept Ghost (2025-11-20 14:30:00 +0100)">Foiler unveils 28m foiling yacht concept Ghost</a>Located along 200 metres of waterfront, the new complex will be equipped with high-precision robots, gantry systems, micron-accuracy machines, and metal 3D-printing technology, supporting <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata's</a> expansion into advanced marine, aerospace, and industrial manufacturing.<img src="https://photo-assets.superyachttimes.com/photo/378707/image/large-265679a4fb63b863fa0c56522f57ed7a.jpg" data-gid="gid://syiq/Photo/378707">The move follows the company’s strategic partnership with Ajyal Holding. <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group</a> CEO Aloïs Vieujot commented on the expansion: "We are very proud to be moving our headquarters to Abu Dhabi. This move will expand our capabilities and capacity, and reinforces our commitment to the UAE. It also reflects the resilience of the Emirates, demonstrated time and again.”One of the key features of the 100,000-square-metre complex will be dry dock and refit capabilities for yachts of up to 60-metres, alongside facilities for other vessel types. More than 20,000-square-metres will be dedicated to marine production.<img src="https://photo-assets.superyachttimes.com/photo/378709/image/large-fdd71e2c0e5a46f9e357291dae6c5c09.jpg" data-gid="gid://syiq/Photo/378709">Moreover, the site will also house <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> engineering and R&amp;D facilities, as well as dedicated areas for composite manufacturing, machinery, aerospace production, automotive production, and a guest experience centre. An academy and dedicated incubator space also aims to support the UAE's industrial growth and innovation across <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> core sectors.<img src="https://photo-assets.superyachttimes.com/photo/378706/image/large-900c80410be97019a0d30f4cc2d14b86.jpg" data-gid="gid://syiq/Photo/378706">“We will place strong emphasis on innovation and partnerships through our incubator and academy, which will open within the new site to accelerate growth in the aerospace and marine industries," Aloïs concluded.Construction of the complex is scheduled to begin in summer 2026, with completion expected in 2027.

Enata new Abu Dhabi complex

Enata Group's 28-metre foiling yacht, Ghost, will be built at the company's new Abu Dhabi headquarters and manufacturing facility.


28m foiling yacht Ghost to be built in Enata’s new Abu Dhabi facility

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. <img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">Last month, Czech investor KKCG Maritime submitted a request to the Italian government following Chinese shareholder Weichai Group’s decision to end CEO Alberto Galassi's 12-year tenure and replace him with Stassi Anastassov during the company’s Annual General Meeting held on 15 May 2026.Read more: <a data-gid="gid://syiq/Article/66099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions (2026-05-15 16:30:00 +0200)">Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions</a><img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. “The problem is not a fact-based problem,” explained Stassi Anastassov during a press briefing in Milan.“Nothing has really changed. I am as independent as the previous CEO was. I am totally happy if there is an investigation because there is nothing and we would support any fact-finding.”The Board of Directors appointed Anastassov, alongside Tan Ning as Chairman of the Board, Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer as minority shareholder representing Azùr a.s.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.Anastassov said the company has decided to shut down its small defence business in ⁠2024 on the basis of a unanimous decision of the previous board. “We are not actively selling anything sensitive today and there is no order intake.”

Ferretti Group denies breaching Italy’s golden power rules

Ferretti Group has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. 

Ferretti Group denies allegations of breaching Italy’s golden power rules

The 35.24-metre <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> GTX116 motor yacht <a data-gid="gid://syiq/Yacht/12221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Byeee...35.24m (115'7&quot;)Pershing S.p.a.2024">Byeee...</a> has been listed on the market with <a data-gid="gid://syiq/Company/6774" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="LARGEYACHT.CO (Company)">LARGEYACHT.CO</a>. Delivered in 2024, the yacht has been privately owned since delivery and is being offered for sale for the first time.<img src="https://photo-assets.superyachttimes.com/photo/399445/image/large-7a05c8bbb1a8d775c89e9e8760e5a826.jpg" data-gid="gid://syiq/Photo/399445"> Read: <a data-gid="gid://syiq/Article/59540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="35m Pershing GTX116 yacht Byeee… launched (2024-01-19 15:45:00 +0100)">35m Pershing GTX116 yacht Byeee… launched</a>Delivered in 2024 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/12221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Byeee...35.24m (115'7&quot;)Pershing S.p.a.2024">Byeee...</a> forms the third hull of the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> GTX116 series. <a data-gid="gid://syiq/Yacht/12221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Byeee...35.24m (115'7&quot;)Pershing S.p.a.2024">Byeee…</a> was designed inside and outside by <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni Yacht Design</a>, while her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>. <img src="https://photo-assets.superyachttimes.com/photo/399442/image/large-1752e9964cd4f2b9b121792264127b36.png" data-gid="gid://syiq/Photo/399442">Constructed with a GRP hull and superstructure, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of 7.7-metres and an interior volume of 239 GT.<img src="https://photo-assets.superyachttimes.com/photo/399444/image/large-b51157cb8e99e2e28800f41d245a7b42.png" data-gid="gid://syiq/Photo/399444">On the outside, the <a href="https://www.superyachttimes.com/directories/yachts/built-by=pershing" rel="noopener noreferrer" target="_blank" title="">Pershing yacht for sale</a> is centred around a 40-square-metre beach club, alongside a signature fold-down terrace and dual side boarding gates. On the cockpit, a large teak dining table and generous lounge areas can be found, while oversized sunpads aft invite guests to soak up the sun. <img src="https://photo-assets.superyachttimes.com/photo/399443/image/large-f6e9fd8bdf6d004da61b96ee44403001.png" data-gid="gid://syiq/Photo/399443">Forward, her previous owner had opted to replace the standard Jacuzzi with massive sunpads and a bar area, creating an alternative space for entertaining and relaxing.<img src="https://photo-assets.superyachttimes.com/photo/399441/image/large-df2c9c911db65f269a0acd6dccac7720.png" data-gid="gid://syiq/Photo/399441">Stepping inside, <a data-gid="gid://syiq/Yacht/12221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Byeee...35.24m (115'7&quot;)Pershing S.p.a.2024">Byeee...</a> boasts a contemporary <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni Yacht Design</a> interior, where dark timber finishes are complemented by carbon fibre accents, and brushed metal detailing. <img src="https://photo-assets.superyachttimes.com/photo/399446/image/large-4e74b353318fc5dd137b067e48e1aadc.png" data-gid="gid://syiq/Photo/399446">Her main saloon benefits from expansive glazing letting in abundant natural light, while bespoke carbon fibre and titanium mosaics, premium Italian furnishings and warm taupe oak parquet flooring are found throughout.<img src="https://photo-assets.superyachttimes.com/photo/399447/image/large-ce48e4056b419503f98a6c000de5cd78.png" data-gid="gid://syiq/Photo/399447">At an interior volume of 239 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is arranged for up to 10 guests across five well-appointed staterooms, including a full-beam owner's suite. Dedicated quarters accommodate up to five crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/399448/image/large-0fb1148678fc034502689588a9b1fdd4.png" data-gid="gid://syiq/Photo/399448"><img src="https://photo-assets.superyachttimes.com/photo/399449/image/large-934a36079e76e36903d0a07e9e1d052f.png" data-gid="gid://syiq/Photo/399449"> In terms of performance, <a data-gid="gid://syiq/Yacht/12221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Byeee...35.24m (115'7&quot;)Pershing S.p.a.2024">Byeee...</a> is powered by triple <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines paired with waterjet propulsion, delivering a top speed of 35 knots. Moreover, twin <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">Seakeepe</a>r 18 gyro stabilisers and a dynamic positioning system (DPS) enhance comfort and manoeuvrability.<img src="https://photo-assets.superyachttimes.com/photo/399450/image/large-2c49604145dce5dc52b88e16e85564ea.png" data-gid="gid://syiq/Photo/399450">

 35m Pershing motor yacht Byeee... for sale

The 35m Pershing GTX116 yacht Byeee... has been listed for sale for the first time with Large Yacht Co.


The 49-metre <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a> motor yacht <a data-gid="gid://syiq/Yacht/930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ledra49.0m (160'9&quot;)ISA Yachts2004">Ledra</a> has been listed for sale with <a data-gid="gid://syiq/Company/4948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Imperial Sea Marine (Company)">Imperial Sea Marine</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> offers the opportunity to acquire a classic tri-deck with generous spaces for entertaining and relaxation. <img src="https://photo-assets.superyachttimes.com/photo/399080/image/large-4e9d7f216331cc1e8b3ba65757c904d2.jpg" data-gid="gid://syiq/Photo/399080">Delivered in 2004 by the Italian shipyard, the <a data-gid="gid://syiq/Yacht/930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ledra49.0m (160'9&quot;)ISA Yachts2004">yacht Ledra for sale</a> features both exterior and interior design by <a data-gid="gid://syiq/Company/185" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walter Franchini Architetto (Company)">Walter Franchini Architetto</a>, while her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/399400/image/large-359ef6612d60747b18f8d710375eabc4.jpg" data-gid="gid://syiq/Photo/399400">Constructed with a steel hull and aluminium superstructure, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of 8.6-metres, a draft of 2.7-metres, and an interior volume remaining below the 500 GT threshold.<img src="https://photo-assets.superyachttimes.com/photo/399401/image/large-08f4a402d5fac36aef5f8b260d374277.jpg" data-gid="gid://syiq/Photo/399401"> <img src="https://photo-assets.superyachttimes.com/photo/399089/image/large-bd852997f41951adaf1e62a5a3fe5efc.jpg" data-gid="gid://syiq/Photo/399089">In terms of outdoor living, the <a data-gid="gid://syiq/Yacht/930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ledra49.0m (160'9&quot;)ISA Yachts2004">yacht Ledra for sale</a> boasts an aft bridge deck arranged for al fresco dining, while her upper deck benefits from a lounge beneath the overhang, ideal for unwinding while feeling the ocean breeze. Crowning the yacht, her sundeck serves as a flexible space, where the dining area seamlessly meld into an inviting Jacuzzi alongside dedicated fitness equipment. <img src="https://photo-assets.superyachttimes.com/photo/399399/image/large-551d81b8f6270b804c007c0d847d9e8c.jpg" data-gid="gid://syiq/Photo/399399">Stepping inside, <a data-gid="gid://syiq/Yacht/930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ledra49.0m (160'9&quot;)ISA Yachts2004">Ledra</a>&nbsp;reveals a timeless interior crafted by <a data-gid="gid://syiq/Company/185" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walter Franchini Architetto (Company)">Walter Franchini Architetto</a>, where rich timber panelling meets the soft glow from her ambient lighting as well as the natural light from her expansive glazing. <img src="https://photo-assets.superyachttimes.com/photo/399084/image/large-0d2ce73dc037e12fd596408a88c3b067.jpg" data-gid="gid://syiq/Photo/399084">Her main saloon benefits from an open-plan layout where comfortable lounge spaces flow to an elegant formal dining area. Meanwhile, her skylounge serves as a versatile retreat, complete with a television, library and games table.<img src="https://photo-assets.superyachttimes.com/photo/399085/image/large-422a857d368ef1b5e18d8b1b024da2e5.jpg" data-gid="gid://syiq/Photo/399085" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Spanning 498 GT, the <a href="https://www.superyachttimes.com/directories/yachts/built-by=isa" rel="noopener noreferrer" target="_blank" title="">ISA yacht for sale</a> accommodates up &nbsp;to 12 guests across six well-appointed staterooms, including a full-beam owner's suite fitted with a fireplace, a spacious dressing area and an en suite bathroom with a marble bathtub overlooking the sea. <img src="https://photo-assets.superyachttimes.com/photo/399087/image/large-773eb8a8708aa919bd28dcbe5117c9ca.jpg" data-gid="gid://syiq/Photo/399087"><img src="https://photo-assets.superyachttimes.com/photo/399086/image/large-947b39e82709f85e5f4af19013834502.jpg" data-gid="gid://syiq/Photo/399086">Her remaining accommodation comprises four VIP staterooms and one twin. Separate quarters sleep up to a crew of nine, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/399392/image/large-3bc99430a494ac9b1155700de059d85c.jpg" data-gid="gid://syiq/Photo/399392"><img src="https://photo-assets.superyachttimes.com/photo/399393/image/large-b69f5daf7fe4934ee30338760cb9faba.jpg" data-gid="gid://syiq/Photo/399393"><img src="https://photo-assets.superyachttimes.com/photo/399394/image/large-044765653394f0fe1539bf85afe865f3.jpg" data-gid="gid://syiq/Photo/399394">In terms of performance, the <a data-gid="gid://syiq/Yacht/930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ledra49.0m (160'9&quot;)ISA Yachts2004">yacht&nbsp;Ledra for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 14 knots and a top speed of 17 knots. Moreover, she offers a range of up to 3,700 nautical miles, making her well-suited to long voyages. <img src="https://photo-assets.superyachttimes.com/photo/399082/image/large-64b987ec6d589346286f5fde56b0ec0a.jpg" data-gid="gid://syiq/Photo/399082">

49m ISA Yachts motor yacht Ledra for sale

 The 49m ISA Yachts motor yacht Ledra has been listed for sale with Imperial Sea Marine.


The 28.26-metre <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a> sailing yacht <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird28.26m (92'9&quot;)Palmer Johnson Yachts1967">Firebird</a> has been listed for sale with Laura Verbrugge of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. Delivered in 1967, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> was built entirely in aluminium and has recently undergone a comprehensive refit.<img src="https://photo-assets.superyachttimes.com/photo/399365/image/large-c799d9cea3510ace756129c8e5005973.jpg" data-gid="gid://syiq/Photo/399365">Completed earlier this year, the refit included engine and genset rebuilds, the installation of a <a data-gid="gid://syiq/Company/316" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Victron Energy B.V. (Company)">Victron</a> electrical system, a full hull repaint and ongoing interior enhancements.<img src="https://photo-assets.superyachttimes.com/photo/394541/image/large-c96b4ebc0ab5a9453459421e627799d7.jpg" data-gid="gid://syiq/Photo/394541"><a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird28.26m (92'9&quot;)Palmer Johnson Yachts1967">Firebird</a> features naval architecture by <a data-gid="gid://syiq/Company/8912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gilbert Dunham (Company)">Gilbert Dunham</a>, with exterior design by <a data-gid="gid://syiq/Company/8913" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Timken (Company)">Timken</a> and interiors created by the designer in collaboration with the shipyard.<img src="https://photo-assets.superyachttimes.com/photo/394540/image/large-3bd64f4dfb231598384875f28fc57a05.jpg" data-gid="gid://syiq/Photo/394540" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Inside, the <a href="https://www.superyachttimes.com/yachts/firebird-28m" target="_blank">yacht Firebird for sale</a> is defined by a rich Burmese teak interior, creating a warm and inviting atmosphere suited to extended liveaboard cruising. Blending classic craftsmanship with modern comforts, she has been upgraded with contemporary onboard systems, updated navigation equipment and a spa tub.<img src="https://photo-assets.superyachttimes.com/photo/394536/image/large-a684c5dbb17405c08f59b474c49fe63e.jpg" data-gid="gid://syiq/Photo/394536">With a volume of 71 GT, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird28.26m (92'9&quot;)Palmer Johnson Yachts1967">Firebird</a> can accommodate up to nine guests across four staterooms, comprising three double cabins and one twin cabin with an additional Pullman berth.<img src="https://photo-assets.superyachttimes.com/photo/394779/image/large-d6ddd3fc90890c8a3031812534068d69.jpg" data-gid="gid://syiq/Photo/394779">Outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=sailing" target="_blank">sailing yacht for sale</a> offers a practical deck layout centred around a protected cockpit, complemented by a separate aft leisure cockpit for relaxed entertaining. Extensive awnings provide shade while underway or at anchor, while a hydraulic and electric windlass, multiple boarding points and a selection of water toys enhance both convenience and enjoyment on the water.<img src="https://photo-assets.superyachttimes.com/photo/399376/image/large-82f41c5ca17b0341860a0920d268db0a.jpg" data-gid="gid://syiq/Photo/399376">Powered by a single <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engine, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=palmer-johnson" target="_blank">Palmer Johnson sailing yacht for sale</a> cruises comfortably at 10 knots and reaches a top speed of 12 knots. According to AIS data, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird28.26m (92'9&quot;)Palmer Johnson Yachts1967">Firebird</a>, which is registered under the Langkawi flag, is currently located in Thailand.

Palmer Johnson yacht Firebird for sale

The 28.26-metre Palmer Johnson sailing yacht Firebird has been listed for sale.

28m Palmer Johnson sailing yacht Firebird for sale

<a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> has announced a strategic partnership with Italian shipyard <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a> to develop the first range of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Yachts</a>. The first model from the partnership is scheduled to make its world debut at the upcoming 2026 <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, with a second premiere already planned for the 2027 edition.<img src="https://photo-assets.superyachttimes.com/photo/399407/image/large-769cb7a03cf589f2f9457025b6024c6d.png" data-gid="gid://syiq/Photo/399407">The collaboration will combine <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' design philosophy with <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>' expertise in yacht construction. Furthermore, the partnership expands <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a>'s portfolio, adding a luxury yacht range alongside the brand's existing collaborations with <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>. Meanwhile, for <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, the agreement brings together the Italian builder's expertise in performance-focused yacht engineering with <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' signature "One-Second-Wow" design approach."We continue the journey of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a> alongside our partners <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, this collaboration opens up a completely new dimension for us –– bringing together our design, our love for bold design, individuality and detail with the incredible expertise of <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>," said CEO and owner of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>, Constantin Buschmann.<a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, which joined <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a> following its creation in 2025, specialises in motor yachts ranging from the entry level AB 80 to the AB 130. The shipyard is recognised for its aerospace-derived construction techniques, waterjet propulsion systems and advanced trim control technology, enabling top speeds of up to 60 knots.Deputy Chairman of <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a>, Giorgio Mattei, concluded: "From our very first meeting, we recognized in <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> the same relentless passion for innovation, performance and bold design that defines <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>. Together, we are creating something truly distinctive: an innovative co-designed product that we believe will leave a lasting mark on the yachting industry."

Brabus and AB Yachts announce strategic partnership to create Brabus Yachts

Brabus and AB Yachts announced strategic partnership to create first range of Brabus Yachts.

<a data-gid="gid://syiq/Company/4910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Yachts (Company)">Sirena Yachts</a> has announced the sale of its 42-metre flagship, the <a data-gid="gid://syiq/Yacht/13308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena 42M/0142.0m (137'10&quot;)Sirena Yachts2026">Sirena Superyachts 42M</a>. The sale was concluded by <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena Marine’s</a> in-house commercial team and represents the largest project sold by the shipyard to date.<img src="https://photo-assets.superyachttimes.com/photo/391023/image/large-91135b28ee1562bd806e8939b0b3e102.jpg" data-gid="gid://syiq/Photo/391023">"The sale of the Sirena Superyachts 42m before her world premiere is more than a commercial success; it is confirmation that our approach to building modern, highly capable superyachts resonates with experienced owners,” explained <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena Marine</a> Chief Commercial Officer Ali Onger. “Completing this sale directly is also a significant achievement for our commercial team and reflects the strength of the relationships we build with our clients."In April this year, the shipyard announced that the yacht had entered the final outfitting phase. The <a data-gid="gid://syiq/Yacht/13308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena 42M/0142.0m (137'10&quot;)Sirena Yachts2026">Sirena Superyachts 42M</a> features exterior design by <a data-gid="gid://syiq/Company/4304" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Vallebona (Company)">Luca Vallebona</a>, interiors by <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a>, naval architecture by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>, and engineering by <a data-gid="gid://syiq/Company/7046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eureka Yachts (Company)">Eureka Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/391026/image/large-0ff14d2a3f4f7382a85dc32d439a8715.jpg" data-gid="gid://syiq/Photo/391026">With a volume of 433 GT, the yacht can accommodate up to 10 guests across five well-appointed staterooms, including a full-beam master suite with a private foredeck terrace and Jacuzzi. Outside, she features tiered aft decks leading down to a beach club with a glass-enclosed pool.According to <a href="https://sytiq.superyachttimes.com/" target="_blank">SuperYacht iQ</a>, the <a data-gid="gid://syiq/Yacht/13308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena 42M/0142.0m (137'10&quot;)Sirena Yachts2026">Sirena Superyachts 42M</a> is currently under construction alongside the first 36-metre <a data-gid="gid://syiq/Yacht/14247" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena 118/0136.0m (118'1&quot;)Sirena Yachts2026">Sirena 118 yacht</a>.

Sirena Superyachts 42M sold ahead of Monaco debut

Sirena Yachts has announced the sale of its 42-metre flagship, the Sirena Superyachts 42M.

<a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a> has unveiled the advanced energy management concept behind its 30-metre foiling monohull, <a data-gid="gid://syiq/Yacht/15705" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari Project Hypersail30.0m (98'5&quot;)Ferrari2026">Ferrari Hypersail</a>. The concept reveals a fully integrated system designed to enable complete energy autonomy during offshore racing.<img src="https://photo-assets.superyachttimes.com/photo/399403/image/large-bf7d948d8b4ec58549a3a280759be3f3.jpg" data-gid="gid://syiq/Photo/399403">Developed by the <a data-gid="gid://syiq/Yacht/15705" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari Project Hypersail30.0m (98'5&quot;)Ferrari2026">Ferrari Hypersail</a> Tech Team in Maranello, the system forms part of <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari's</a> wider effort to transfer technologies developed for its road and racing cars into the world of offshore sailing.Read:&nbsp;<a data-gid="gid://syiq/Article/63668" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Car manufacturer Ferrari announces 30m racing yacht Hypersail in-build with 2026 launch date (2025-06-25 14:00:00 +0200)">Car manufacturer Ferrari announces 30m racing yacht Hypersail in-build with 2026 launch date</a>Unveiled in 2025, the <a href="https://www.superyachttimes.com/yacht-news/ferrari-hypersail-yacht-in-build" target="_blank">hull structure of the in-build 30-metre Project Hypersail was revealed</a> for the first time following the removal from her mould in May this year.<img src="https://photo-assets.superyachttimes.com/photo/391620/image/large-8ae7641becc28a51538d88f56e189e6a.jpg" data-gid="gid://syiq/Photo/391620">Fully self-sufficient energy systemRather than relying on conventional power sources, the yacht generates electricity from solar and wind energy, as well as energy produced by the crew while sailing.The vessel's onboard energy management system has been designed to efficiently collect, store and distribute power to the yacht's various systems. Surplus energy is stored in twin 800-volt battery packs, allowing electricity to be supplied according to the vessel's operational requirements."Hypersail is the first foiling monohull for ocean racing to achieve complete energy autonomy," said <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a> Hypersail Technical Team Leader Marco Guglielmo Ribigini. "Thanks to an electrical system that ensures the ideal balance between efficiency and performance, alongside innovative solutions such as Winch-by-Wire, all onboard adjustments are powered entirely by energy generated while underway."<img src="https://photo-assets.superyachttimes.com/photo/399404/image/large-3e65648fe2b72e2fbc01d79e1539f239.jpg" data-gid="gid://syiq/Photo/399404">Winch-by-Wire converts human power into electricityOne of the project's most significant innovations is <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari's</a> new Winch-by-Wire system, which replaces traditional mechanical and hydraulic winch arrangements.Instead of directly driving the sail controls, the crew's physical effort is converted into electrical energy before being redistributed throughout the yacht's onboard grid. The electricity powers the vessel's electric winches and hydraulic systems, while enabling crew members to maintain a consistent grinding cadence under varying loads. According to <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a>, the technology allows a single crew member to manage loads of up to nine tonnes.The system also incorporates electric motors derived from the active suspension technology used in the <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a> Purosangue and <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a> F80, demonstrating the transfer of automotive technology into offshore sailing.<img src="https://photo-assets.superyachttimes.com/photo/399402/image/large-17995fa02e2627160aaefb2c8b2d5af1.jpg" data-gid="gid://syiq/Photo/399402">Renewable energy powers flight systemsBelow deck, the yacht's Active Flight Control System manages the foils and canting keel through separate operating modes for large structural adjustments and rapid control-surface movements. Major appendage movements are powered by an 800 volt electric drive system, while the foil flaps are controlled by dedicated 48 volt electric motors, a configuration <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a> says improves performance, energy efficiency and system redundancy.The entire electrical and hydraulic system is powered exclusively by renewable energy. Hypersail incorporates 100-square-metres of walkable solar panels integrated into the deck and topsides, alongside removable stern-mounted wind turbines designed to maximise energy generation while minimising aerodynamic drag.<a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a> said the project demonstrates how technologies developed through open innovation can be applied beyond the automotive sector.<img src="https://photo-assets.superyachttimes.com/photo/391618/image/large-6e9f6fc22ffe18f655ff06c07f9fde52.jpg" data-gid="gid://syiq/Photo/391618">“The engineering objective was a meticulous study of the intake angle in order to identify the optimal balance between maximum power generation efficiency and minimal aerodynamic drag at high speeds, ensuring optimal performance across diverse ocean scenarios,” concluded <a data-gid="gid://syiq/Company/8273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferrari (Company)">Ferrari</a>.&nbsp;

Ferrari unveils Hypersail energy management concept

Ferrari has unveiled the advanced energy management concept behind its 100-foot foiling monohull, Ferrari Hypersail.

Ferrari unveils self-sufficient energy concept for 30m Hypersail racing yacht

<a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum Marine Stabilizers</a> has announced the opening of its new Monaco office, located on Rue Suffren Reymond, near Port Hercules. According to the company, the office serves as a strategic move to complete a global support network centred around its clients.<img src="https://photo-assets.superyachttimes.com/photo/399389/image/large-c0e7b99523e63dae7d204a630e9bbe33.jpg" data-gid="gid://syiq/Photo/399389">The expansion strengthens <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum's</a> European presence, joining its headquarters in Fort Lauderdale and existing offices at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a> and in the Netherlands. The company said the new Monaco base reflects the principality's position as the centre of Mediterranean yachting, where more than 300 businesses operate across yacht management, brokerage, design, naval architecture and shipbuilding.<img src="https://photo-assets.superyachttimes.com/photo/399390/image/large-05d3b20c4ac0ba4fba708db7970a1cc5.jpg" data-gid="gid://syiq/Photo/399390">"Monaco is where the superyacht world comes together, and for us, proximity is not a convenience but a commitment," said <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum Marine Stabilizers</a> President John Allen. "Having a presence here means we can sit down with our clients, show them what our technology actually does, and start a relationship that goes well beyond installation."<img src="https://photo-assets.superyachttimes.com/photo/399391/image/large-7a075647c79986529f5c2bb365726c9f.jpg" data-gid="gid://syiq/Photo/399391">The Monaco office will enable <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum</a> to engage more closely with clients and industry stakeholders through in-person consultations, technical demonstrations and training sessions for crew and yacht management companies.The office was officially inaugurated on 2 July 2026 with a reception attended by members of Monaco's yachting community. The company concluded that the expansion reinforces <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum Marine Stabilizers</a>' commitment to providing long-term support to the global superyacht industry.

Quantum Marine Stabilizers opens Monaco office

Quantum Marine Stabilizers has announced the opening of its new Monaco office.

Quantum Marine Stabilizers opens new Monaco office

<img src="https://photo-assets.superyachttimes.com/photo/399388/image/large-72130772b0357591a8b6b81502cc95a4.jpg" data-gid="gid://syiq/Photo/399388">The 49.9-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> superyacht <a data-gid="gid://syiq/Yacht/5750" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kinship49.9m (163'9&quot;)Riva S.p.A.2019">Kinship</a> was spotted cruising through the Kiel Canal in Germany earlier last month. According to AIS data, she is currently in Malmö, Sweden.Delivered in 2019 as Race, she features exterior and interior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design</a>. Meanwhile, her Italian builder was responsible for her naval architecture.With a volume of just under 500 GT, she can accommodate up to 10 guests across five well-appointed staterooms. Onboard comfort is supported by a crew of nine, including the captain. Moreover, the Riva 50 MT yacht is fitted with a generous beach club, equipped with two hatches that double as balconies over the water. The beach club also functions as a garage for a <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Jet Tenders (Company)">Williams</a> Dieseljet 625 tender.Guests can also enjoy her spacious 120-square-metre sundeck. The area features sunbathing and lounge spaces complete with four sun loungers, sofas, a pop-up TV with a swivel mechanism, a dining table, and a barbecue.In terms of propulsion, <a data-gid="gid://syiq/Yacht/5750" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kinship49.9m (163'9&quot;)Riva S.p.A.2019">Kinship</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 14 knots and a top speed of 15.5 knots. <a data-gid="gid://syiq/Article/51070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inside Riva's 50m Made-In-Italy superyacht Race (2020-03-16 11:30:00 +0100)">Step onboard Kinship here.</a>

Riva yacht Kinship in Kiel Canal

The 49.9-metre Riva superyacht Kinship was spotted cruising Kiel Canal in Germany earlier last month. 

50m Riva superyacht Kinship in Kiel Canal

The 42.9-metre <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> motor yacht <a data-gid="gid://syiq/Yacht/426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Titian Pearl42.9m (140'9&quot;)CRN2001">Titian Pearl</a>&nbsp;has been listed for sale with Ed Dickinson of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, under a joint central agency with <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>. <img src="https://photo-assets.superyachttimes.com/photo/399336/image/large-5d3b569691112840ace617ecbb6b6279.jpeg" data-gid="gid://syiq/Photo/399336">Delivered in 2001 by the Italian shipyard, the <a data-gid="gid://syiq/Yacht/426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Titian Pearl42.9m (140'9&quot;)CRN2001">yacht Titian Pearl for sale</a> was designed inside and outside by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, while her naval architecture was developed by <a data-gid="gid://syiq/Company/8917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="John Bennett & Associates Ltd (Company)">John Bennett</a>.&nbsp;Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Titian Pearl42.9m (140'9&quot;)CRN2001">Titian Pearl</a> has a beam of 8.4-metres and a draft of 2.5-metre. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> most recently underwent a refit in France in 2026, following an extensive refit programme carried out between 2022 and 2024.<img src="https://photo-assets.superyachttimes.com/photo/399338/image/large-f75491a7499a66430dabb17bd0d4a8a3.jpeg" data-gid="gid://syiq/Photo/399338" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">On the outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> boasts generous lounge areas and alfresco dining spaces across her three decks. Her redesigned sundeck is fitted with a bar and bimini shade, while at water level, her former aft garage has been converted into a beach club, complete with a fold-down swim platform and an inflatable watersports dock.<img src="https://photo-assets.superyachttimes.com/photo/399337/image/large-b1009c945348f03e1c25c59eae71a5b5.jpeg" data-gid="gid://syiq/Photo/399337" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Stepping inside, the <a data-gid="gid://syiq/Yacht/426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Titian Pearl42.9m (140'9&quot;)CRN2001">yacht Titian Pearl&nbsp;for sale</a> showcases a modern <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a> interior, where soft neutral furnishings are paired with warm wood finishes and expansive glazing, creating a bright and clean ambience. Her main saloon, featuring curved lounge seating, adjoins a formal dining area, where guests can enjoy meals with panoramic ocean views.<img src="https://photo-assets.superyachttimes.com/photo/399339/image/large-b89c45f631c4dc117693befa394c72dc.jpeg" data-gid="gid://syiq/Photo/399339" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Equipped for long voyages, her refit had introduced new furnishings, lighting, bespoke cabinetry and upgraded AV/IT systems throughout her main saloon, upper saloon and owner's suite.At an interior volume of 432 GT, accommodation onboard <a href="https://www.superyachttimes.com/directories/yachts/built-by=crn" rel="noopener noreferrer" target="_blank" title="">the CRN yacht for sale</a> is arranged for up to 10 guests across five staterooms, including a full-beam owner's suite on the main deck with a private office. &nbsp;Dedicated quarters are available for a crew of nine, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/399335/image/large-770e4dee75f7878d3df7de9d78baa99a.jpeg" data-gid="gid://syiq/Photo/399335">In terms of performance, the <a data-gid="gid://syiq/Yacht/426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Titian Pearl42.9m (140'9&quot;)CRN2001">yacht Titian Pearl&nbsp;for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 12 knots and a top speed of 15 knots. Cruising at 10 knots, she offers a range of up to 3,200 nautical miles, making her ideal for long-range cruising. All images provided courtesy of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.

43m CRN superyacht Titian Pearl for sale

The 43-metre CRN motor yacht Titian Pearl has been listed for sale with Northrop & Johnson under a joint central agency with Karma Yachting. 

The 69-metre zero-emissions <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> has been seen for the first time as she was rolled out of the shed at the <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a> in Zwartsluis, the Netherlands. The vessel is currently awaiting transfer by barge from Zwartsluis to Harlingen, where she will be launched into the water.<img src="https://photo-assets.superyachttimes.com/photo/399355/image/large-d3bbafc33648d12d7670640310f947b9.jpg" data-gid="gid://syiq/Photo/399355">Developed as a proof-of-concept project, the yacht has been designed as the world’s first sailing yacht to operate completely without fossil fuels, marking a substantial step towards emission-free yachting.Construction on <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> began in 2022 following an extensive research and development phase exceeding 60,000 hours. Her Panamax-height masts, built by Carbo-Link AG at their German facility, will be stepped on the vessel in the coming days. Read: <a data-gid="gid://syiq/Article/63798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="69m fossil-free Vitters yacht Project Zero nears completion (2025-07-11 15:00:00 +0200)">69m fossil-free Vitters yacht Project Zero nears completion</a> <img src="https://photo-assets.superyachttimes.com/photo/399354/image/large-88dda86bebdfe60cf0c5712eefe6c6e8.jpg" data-gid="gid://syiq/Photo/399354">Conceived with the intention of forward-thinking sustainability and innovation in yacht building, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> is the result of the collaboration between <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a>, <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vripack</a>, <a data-gid="gid://syiq/Company/230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dykstra Naval Architects (Company)">Dykstra Naval Architects</a> and the non-profit open-source platform Foundationº (Foundation Zero).Built as a performance ketch with an aluminium hull, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> features exterior and interior design by <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, while her naval architecture was developed by <a data-gid="gid://syiq/Company/230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dykstra Naval Architects (Company)">Dykstra Naval Architects</a>.Her classical sailing exterior profile is elevated by her sustainable design, integrating new technologies with an “energy-first perspective” that prioritises innovation rather than optimisation.&nbsp;A defining feature of <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> is the absence of combustion engines. Instead of a traditional engine room, the yacht has a main technical room that houses an integrated energy system designed to store, harvest, and convert energy onboard. Read: <a data-gid="gid://syiq/Article/64930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Behind Project Zero: A new chapter in sustainable superyacht innovation (2025-12-11 11:45:00 +0100)">Behind Project Zero: A new chapter in sustainable superyacht innovation</a> <img src="https://photo-assets.superyachttimes.com/photo/399353/image/large-b6967953716f71616fa1c5407b41917f.jpg" data-gid="gid://syiq/Photo/399353">The sailing yacht is powered by renewable energy from wind, solar, and thermal sources. Energy is harnessed while under sail through hydro-generating thrusters, a 100-square-metre solar array captures both heat and light at 60 percent efficiency, while a wind turbine draws power from offshore airflow. The harnessed electricity is then stored in an industrial-grade battery system that can hold 5,000 kilowatt-hours of electricity to power all onboard systems.At an interior volume of 499 GT, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> can accommodate up to 12 guests, alongside 11 crew members. Her interiors reflect the eco-conscious design approach, featuring materials such as pineskin leather, leathered marble and bespoke artworks that were curated to emphasise natural textures.In addition to private use and limited charter availability, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> is also set as a platform for scientific research, supporting studies in renewable marine technology and ocean sustainability.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/365567/image/large-f8e82cf19c8160071e95f17897079b67.jpg" data-gid="gid://syiq/Photo/365567">

69m fossil-free Vitters sailing superyacht Project Zero launched

Vitters launches 69m Project Zero, the world's first fossil-free sailing superyacht with zero combustion engines and renewable energy systems.

Business

Insight: Cutting to the chase with Moran Yacht & Ship