Launched by Leopard Yachts in 2007, the elegant Mr Mach 5 boosts a well appointed 4 cabin lay-out with separate lower saloon / TV room. Mr Mach 5's interior is light and neutral. Commercially registered, this yacht has excellent charter potential. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/130403/image/large-04d140c3c6f8978a524be5e4baa57858.jpg" data-gid="gid://syiq/Photo/130403">The MCA compliant Mr Mach 5 is powered by twin 2,000hp MTU engines providing top speeds in the region of 38 knots. She offers luxury accommodation for 8/9 guests, in 2 double cabins, and 2 twins. The new asking price is €3.400.000.OceanStyle +44 20 7766 4299 <a href="mailto:london@osyachting.com?subject=M/Y%20Mr%20Mach%205%20on%20SuperYachtTimes.com">london@osyachting.com</a> <a href="http://www.osyachting.com" target="_blank">www.osyachting.com</a>

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Oceanstyle announces price reduction for superyacht Mr Mach 5

<a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> has announced the appointment of Ale Navarro as Sales Broker and Partner. Ale Navarro joins <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> with a plethora of knowledge and experience within the industry. <img src="https://photo-assets.superyachttimes.com/photo/308364/image/large-b9cefa9914c17c0a51423ecc19391e77.jpg" data-gid="gid://syiq/Photo/308364">Navarro developed a passion for yachting from a young age, where he spentless countless hours sailing with his family in Colonia and Punta del Este, Uruguay. From here, a deep understanding and appreciation of the water was instilled into him, laying the foundation for his career in the industry.“We are delighted to welcome Ale Navarro to the <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> team,” added Altea Llakmani, COO and Co-Founder of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a>. “His unwavering passion for the yachting industry, coupled with his robust client relationships and track record of success, make him an invaluable addition to our Company.”Ale Navarro ascended through the ranks from dayworker to captain, serving 10 years under one of the most prolific American superyacht owners. His passion, coupled with his career has led him to be a highly respected individual within the industry.Read:&nbsp;<a data-gid="gid://syiq/Article/49640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Market Watch: Ale Navarro from HMY Yachts (2019-03-05 16:00:00 +0100)">Market Watch: Ale Navarro from HMY Yachts</a><img src="https://photo-assets.superyachttimes.com/photo/65752/image/large-6084768b5300bd3d637c39124ee025be.jpg" data-gid="gid://syiq/Photo/65752">“My decision to join <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> was motivated by a shared commitment to excellence and a mutual dedication to delivering unparalleled client experiences,” expressed Navarro. I saw an opportunity to align myself with a brokerage house that reflects my own values and aspirations. I am eager to contribute to a team that shares my passion for exceeding client expectations.”Ale Navarro’s specialty lies in new yacht construction, where he was recognised as one of the top sellers for <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> USA, and broker of the year at <a data-gid="gid://syiq/Company/2223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HMY Yacht Sales (Company)">HMY Yachts</a> in 2023.&nbsp;“As we continue to evolve and expand, Ale’s presence as a business partner will undoubtedly facilitate our growth and strengthen our team dynamics, added Altea Llakmani. “At <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI</a>, we pride ourselves on fostering a familial atmosphere, and Ale’s energy, enthusiasm, and drive align perfectly with our ethos. We are thrilled to have him onboard”

FGI Yacht Group appoints Ale Navarro as Sales Broker and Partner

FGI Yacht Group has announced the appointment of Ale Navarro as Sales Broker and Partner. 

Ale Navarro joins FGI Yacht Group as Sales Broker and Partner

Dalian Wanda Group, a leading Chinese conglomerate and the nation's largest shopping mall operator, has allegedly agreed to sell <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker International</a> to Lionheart Capital, according to unnamed sources.<img src="https://photo-assets.superyachttimes.com/photo/302702/image/large-858045b13f3d301dc91e38c975c0fb75.jpg" data-gid="gid://syiq/Photo/302702">The Dalian Wanda Group acquired the UK-based yacht company in 2013, with a total investment value of £320 million and a 91.81% majority stake in the company. According to online news company Bloomberg, a purchase agreement has been signed and is awaiting approval from the British regulatory authorities.Read:&nbsp;<a data-gid="gid://syiq/Article/41092" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wanda announces completion of Sunseeker acquisition (2013-08-27 00:00:00 +0200)">Wanda announces completion of Sunseeker acquisition</a><img src="https://photo-assets.superyachttimes.com/photo/308047/image/large-8327d3e80c4316d7b9db9f4cfea909c8.png" data-gid="gid://syiq/Photo/308047">Miami-based investment firm Lionheart Capital is led by Chief Executive Officer Ophir Sternberg, with the company backing businesses from various different business sectors. In 2021, the company participated in a consortium that acquired powerboat manufacturer Cigarette Racing Team.Read:&nbsp;<a data-gid="gid://syiq/Article/53034" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luxury powerboat company Cigarette Racing under new ownership (2021-05-27 10:15:00 +0200)">Luxury powerboat company Cigarette Racing under new ownership</a>According to Bloomberg, the Wanda Group faced challenges as borrowing costs increased and Beijing implemented stricter regulations on the property sector.&nbsp;SuperYacht Times reached out to <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, however, they had nothing further to add to the discussion at this time.

Sunseeker International plans to be sold to Lionheart Capital

Wanda Group has allegedly agreed to sell Sunseeker International to Lionheart Capital, according to unnamed sources.

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Sunseeker International allegedly to be sold to Lionheart Capital 

Paolo Pininfarina, Chairman of the <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina Group</a> has passed away aged 65 in Turin, Italy, surrounded by his loved ones. <img src="https://photo-assets.superyachttimes.com/photo/210197/image/large-3c9b5d8b35377c2421139f493234c16e.jpg" data-gid="gid://syiq/Photo/210197">Paolo Pininfarina had led the company as Chairman since 2008, following the death of his brother Andrea. Guided by the principles laid down by his grandfather, Battista "Pinin" Farina, Paolo embarked on a journey to redefine automotive aesthetics and functionality.Under Paolo's stewardship, the <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina Group</a> shaped the contours of automotive icons for prestigious brands like Ferrari, Maserati, and Alfa Romeo. His leadership guided the company through a diversification process in the 1980s, expanding its influence beyond automotive design to become a benchmark in various design fields.Read:&nbsp;<a data-gid="gid://syiq/Article/53979" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="At the studio with the perfect proportions of Pininfarina (2021-10-29 15:45:00 +0200)">At the studio with the perfect proportions of Pininfarina</a><img src="https://photo-assets.superyachttimes.com/photo/45430/image/large-570ccdbf09398bd8531b8ea44bd323e5.jpg" data-gid="gid://syiq/Photo/45430">The studio is known for projects such as the <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> 45F5, which introduced a new aesthetic to sailboat design in 1990; <a data-gid="gid://syiq/Yacht/7764" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Destriero67.7m (222'1&quot;)Fincantieri Yachts1991">Destriero</a>, the record-breaking motor yacht launched by <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> in 1991; the Primatist G46 Aerotop sports cruiser for Bruno Abbate; and the super-fast but minimalist Magnum 80 in 2008.From here the firm has partnered with studios and shipyards such as <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>, <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>, and <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</a>. In 2017, <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a> joins forces with <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> with the R35, before expanding to other larger models. &nbsp;&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/48734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Preview: Princess and Pininfarina team up on new X95 design (2018-07-10 13:00:00 +0200)">Princess and Pininfarina team up on new X95 design</a><img src="https://photo-assets.superyachttimes.com/photo/307973/image/large-874e20f35b25a18d3407f60bf391e7fd.jpg" data-gid="gid://syiq/Photo/307973">“Today, we mourn the loss of a visionary leader, but we also celebrate the enduring impact of Paolo Pininfarina's life and work,” added <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a>. “His spirit will continue to inspire us as we carry forward his legacy of innovation and excellence.”

Paolo Pininfarina Chairman of the Pininfarina Group passes away

Paolo Pininfarina, Chairman of the Pininfarina Group has passed away aged 65 in Turin, Italy, surrounded by his loved ones. 

Paolo Pininfarina: Chairman of the Pininfarina Group passes away aged 65

<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has officially announced the resignation of Ferruccio Rossi, the company's General Manager and President of Superyachts. Effective April 8, Rossi has relinquished the powers previously granted to him by the board of directors on April 28 and June 22, 2022. Additionally, his tenure as an executive officer of the company will consensually conclude on April 30.<img src="https://photo-assets.superyachttimes.com/photo/303635/image/large-17db85de10541d2a319f0fac04440ee3.jpg" data-gid="gid://syiq/Photo/303635">Rossi will retain his role as a director without the delegated authority at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> until the end of October, receiving the same compensation accorded to non-executive directors. Furthermore, he will progressively resign from his positions within the other companies in the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo group</a>.Ferruccio Rossi commented: "These almost 10 years at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> have been an extraordinary and satisfying period, both at corporate and personal level. I would like to thank Massimo Perotti who has given me the opportunity to live by his side such an extraordinary moment in the history of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, a wonderful company that will continue to reap new successes as it well deserved over the years. The People of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> have given me so much over these years and my gratitude embraces all of them, People whose every-day passion makes the difference. A special thanks to my wife Glenda, always by my side in the challenges of life."<img src="https://photo-assets.superyachttimes.com/photo/250520/image/large-0a3fbeca280e8c3933c53ff570e0aa4f.jpg" data-gid="gid://syiq/Photo/250520">The parties have agreed to activate the non-competition agreement established at the time of hiring, which will remain in effect until April 30, 2025. Additionally, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and Ferruccio Rossi are exploring the possibility of entering into a collaboration agreement, which would enable them to work together on the development of specific projects. The Company specified that Ferruccio Rossi holds 259,618 <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> sharesMassimo Perotti, CEO and Chairman of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, commented, “Over the last 10 years, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has experienced substantial growth, which has strengthened its positioning in the luxury yachting sector, also internationally. I would like to thank Ferruccio Rossi, who contributed to this growth by holding strategic positions within <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Group. I am sure that the new and different relationship that is under negotiation with Ferruccio Rossi will be just as successful. I confirm that <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s organisation adequately absorbs the functions that were carried out by Ferruccio Rossi”.

Sanlorenzo and Ferruccio Rossi part ways

Sanlorenzo has officially announced the resignation of Ferruccio Rossi, the company's General Manager and President of Superyachts.

Ferruccio Rossi steps down from Sanlorenzo

For our latest edition of Entrepreneur in Yachting for&nbsp;<a href="https://www.superyachttimes.com/yacht-news/issue-48-superyacht-times-newspaper" rel="noopener noreferrer" target="_blank" title="">Issue 48</a> of the SuperYacht Times newspaper, Francesca Webster sat down with Josh Richardson, Founder and CEO of&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tenders &amp; Toys</a>.<img src="https://photo-assets.superyachttimes.com/photo/303861/image/large-4aed28d1595ca94dd8dbe8c2f1ee84d4.jpeg" data-gid="gid://syiq/Photo/303861">Can you share the inspiration and vision behind the founding of <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a> (SYTT)?&nbsp;Essentially it was due to a need for a go-to company offering management consultancy and procurement for tenders and toys on a new-build project I was working on as a yacht manager. As I could not find anyone who offered what I needed, I thought it was something the world needed! Turns out it did – phew! The tenders and toys had always been a specific area of interest for me as a previous captain and a yacht manager, and I believed I had a very specific skill set which others could use on their projects! Prior to <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">SYTT</a> I was Chief Instructor of a yacht training school, so had a huge amount of experience in all manner of craft. I also had a job driving boats in films, followed by captaining various sailboats between the UK and NZ, followed by a few years working for <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Yacht Management</a>. <img src="https://photo-assets.superyachttimes.com/photo/303864/image/large-056c07999a8a74c083bc6d9ac61fd644.jpeg" data-gid="gid://syiq/Photo/303864">Could you elaborate on some key milestones and challenges that have shaped the company's journey so far?&nbsp;Initially it was just my wife and I working from home but very quickly we grew with seemingly large steps such as getting offices, warehousing and growing our staff. In recent years with Brexit, covid and the Ukraine war this has certainly caused some additional challenges. Some of these are positive, such as us setting up a Monaco company and extending our warehousing to Nice to cater for EU clients.We were ahead of the market (first to market) in the offering we were doing as a business when we set up and that certainly helped us grow as a business. Typical tenders onboard yachts were a <a data-gid="gid://syiq/Company/2473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Novurania (Company)">Novurania</a> or a <a data-gid="gid://syiq/Company/5361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zodiac Maritime Ltd. (Company)">Zodiac</a> and toys were usually a Jet Ski and towable. As we know this has greatly changed, with tenders and toys being critical to the enjoyment and marketing of a yacht, with a typical 50 metre spending approximately €100k on a new-build toys setup and yachts having multiple, often custom yacht tenders, limousines and chase boats. In the very early days, many tender manufacturers were unknown and poorly marketed, and our experience made a huge difference in helping guide clients into the best craft for their needs.<img src="https://photo-assets.superyachttimes.com/photo/303865/image/large-c67e542ebaca2327d33f9f53256808f2.jpeg" data-gid="gid://syiq/Photo/303865">In terms of milestones one significant one was where we won a Queen's Award and met the Royals at Buckingham Palace in 2017. We also won numerous other awards such as the British Marine Federation (BMF) Best Marine Business to work for, BMF Business of the Year and Sunday Times Fasttrack awards showing company growth. Other milestones are some large new-build orders which we got a lot of PR and marketing from. We have been lucky to work with some innovative owners and an example which instantly springs to mind is the original Ulysses U107 (now <a data-gid="gid://syiq/Yacht/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andromeda107.4m (352'4&quot;)Kleven Maritime AS2016">Andromeda</a>) and U116 (now <a data-gid="gid://syiq/Yacht/5796" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Multiverse116.0m (380'7&quot;)Kleven Maritime AS2018">Multiverse</a>) made by <a data-gid="gid://syiq/Company/2996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kleven Maritime AS (Company)">Kleven</a>. On these we completed the full tenders and toy outfitting, showcasing what it is we do. We are now involved in a lot of large new-builds in a similar capacity. In truth, the larger the project the more value we add and are often considered an extension to a new-build team.<img src="https://photo-assets.superyachttimes.com/photo/203481/image/large-f2ec189e8856bb169bf1f545e7f7c8b7.jpg" data-gid="gid://syiq/Photo/203481">How has the company evolved to meet the changing demands of the industry?&nbsp;There have been several changes over the years to <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">SYTT</a> and we are now a Group of companies. This includes:&nbsp;• <a data-gid="gid://syiq/Company/6281" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shipyard Supply co (Company)">Shipyard Supply Co</a>, setup in 2018, specifically aimed at manufacturing and selling our own deck equipment out of our Suffolk, UK HQ. This includes transom fenders, carbon pillar fenders, tender whips and more.• Incorporating <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">SYTT</a> MC in 2019, our Monaco business, required due to Brexit but also setup to increase our presence to operational yachts and toy rental in the Med.• Launching <a data-gid="gid://syiq/Company/6504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ROAM (Company)">ROAM</a> boats in 2021, our own brand of aluminium adventure yacht tenders.• Bringing to market our own Superyacht Inflatables, manufactured in the EU and made from a recyclable TPU instead of PVC.&nbsp;A constant theme with our businesses has been the development to offer what the market is after and adjust what we offer to suit, constantly being in evolution. The requests we got back in 2011 are very different to what we now receive. An example of this is that we used to get asked to populate a tender garage and had a very loose brief. Nowadays people are more educated and know specifically what they want. One significant change for us as a business is that now, in 2023, an increasing number of clients are after a manufacturer direct relationship. This is partly due to price, to ensure the best value, service and communication. <img src="https://photo-assets.superyachttimes.com/photo/221830/image/large-dcfd9578fc59eae1b469069b3c099f14.jpeg" data-gid="gid://syiq/Photo/221830">As the CEO, what strategies have you employed to foster a culture of innovation within the company?Innovation has been easy! Clients simply ask us to develop new things, whether that be products or services. In terms of personnel we are a very relaxed office and everyone mucks in at all levels. Office doors are always open and both Claire and I have always shared all information throughout the company. This is done face to face but we also share info internally on newsletters, days out and corporate events. Everyone is as important as each other, that is why we have things such as company wide bonuses, which are the same value if junior admin to senior management.<img src="https://photo-assets.superyachttimes.com/photo/303862/image/large-e593931158c77696b4e0c14e5b233bca.png" data-gid="gid://syiq/Photo/303862">Are there any strategic partnerships or collaborations that have played a significant role in the growth and success of&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a>?&nbsp;There are a number of ones here, and thinking about this they mostly rotate around who we like, are friends with and trust. Exceptional relationships on the tenders side have been <a data-gid="gid://syiq/Company/5749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribeye Tenders (Company)">Ribeye</a>, <a data-gid="gid://syiq/Company/4767" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Compass Tenders Ltd (Company)">Compass</a> and <a data-gid="gid://syiq/Company/4611" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Argo Navis (Company)">Argo Navis</a>. On the toys side it is hard to look past JOBE, Watersports World and Flite.&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a>&nbsp;has expanded its scope beyond traditional yacht toys. Can you share insights into the diversification of the company's offerings and how this has contributed to its overall success?&nbsp;There are actually a few ways to answer this. We made our name back in 2011 being a one stop shop. Whether this be fenders, toys, tenders, ropes, gym equipment, procurement and much more. I remember us shipping bottled water around the world for one yacht! We have however had a mini reset in recent years and we now do not market ourselves like this. We no longer do procurement of anything other than tenders and toys. We are very good at what we do, often being seen as a management consultancy and having unique industry experience and do not want to compete with procurement companies selling toilet rolls, crockery, cushions and filters. This change was mainly due to a combination of seeing which products do well for us as a business. Procurement was the worst and one which no staff enjoyed. Since making this change, which felt quite brave at the time, profits have more than doubled in three years and clients are respecting us as the authority on all things tenders and toys.<img src="https://photo-assets.superyachttimes.com/photo/303867/image/large-189d771c72cd6c82c98a9ecb6a4cbdef.png" data-gid="gid://syiq/Photo/303867">What exciting developments and innovations can we expect from&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a>&nbsp;in the near future?&nbsp;We have some great new <a data-gid="gid://syiq/Company/6504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ROAM (Company)">ROAM</a> tenders soon to hit the water in 2024. These include a 11 metre owners landing craft, a 9.3 metre and 7.5 metre beachlander, some inflatable landing crafts and an electric RIB. Other than that we are involved in almost all large yacht builds delivered from <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and others. On the fun front we are working on plans to cycle across the channel on a hydrofoiling bike and skydive from a helicopter in Monaco!Finally, what advice would you give to prospective entrepreneurs in this sector?I would tell them it is terrible, you will never earn money and to look for a different sector! Go and sell crew uniforms or something! Regardless of which sector however, if you work harder, longer and are determined at something you enjoy, then you have all the foundation blocks to be successful.&nbsp;This article is featured in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/issue-48-superyacht-times-newspaper" target="_blank">Issue 48</a>&nbsp;of the SuperYacht Times newspaper.&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">Subscribe now</a>&nbsp;to receive your copy straight to your door and never miss another issue.&nbsp;

Josh Richardson of Superyacht Tenders & Toys 

For our latest Entrepreneur in Yachting, we sat down with Josh Richardson of Superyacht Tenders and Toys.

"I couldn't find anyone who offered what I needed, so I created it!" CEO Josh Richardson of SYTT

<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has announced that Lambros Liaskovitis has joined the <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> team as a Sales Consultant. Lambros Liaskovitis will be based in the Athens office and brings a wealth of experience in boat building and a lifelong passion for the sea.<img src="https://photo-assets.superyachttimes.com/photo/307149/image/large-1fd3788a9896428a5788503c89e65524.png" data-gid="gid://syiq/Photo/307149">Lambros Liaskovitis’ love for the sea and vessels first appeared at the age of five when he insisted on mooring a water ski boat. Ever since, sailing, motor boating and all water sports have been his top interests.He started his professional career 25 years ago as a Private Banker, before turning his passion of boats into a profession in 2015 when he became head of <a data-gid="gid://syiq/Company/5777" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yamaha (Company)">Yamaha</a> Marine in Greece. Lambros Liaskovitis is happily married, living in Athens and enjoys travelling the world every so often.&nbsp;“I’m happy to be starting in my new position as Sales Consultant at <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> - The International Yacht Company!” posted Lambros Liaskovitis on social media. “It is a great and growing market, so if you are considering purchasing, selling or chartering a yacht, let me know and I'll handle the rest!”Services of the highest quality and utmost discretion have always been his priority, with Lambros holding a bachelor’s degree in Business Economics and an MBA from the University of Strathclyde. He is also fluent in Greek, English and French.

IYC appoints Lambros Liaskovitis as a Sales Consultant 

IYC has announced that Lambros Liaskovitis has joined the IYC team as a Sales Consultant in the Athens office.

Lambros Liaskovitis joins IYC as a Sales Consultant 

Yacht builder <a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq Yachts</a> has officially launched its refit operations in the Antalya Free Zone, Turkey. The addition to its current services in the south of Turkey, marks the start of a new chapter in bespoke yacht refits for <a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq</a>.<img src="https://photo-assets.superyachttimes.com/photo/307102/image/large-61c4fcd7eed36264c15274bf92f655e9.jpg" data-gid="gid://syiq/Photo/307102">“<a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq</a> aims to be the go-to shipyard in Turkey for any refit needs, whether it's routine seasonal upkeep or extensive modifications, including complex conversions,” explained <a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/307103/image/large-476d0118efc62574fb445355c11dd3c7.jpg" data-gid="gid://syiq/Photo/307103">The yard is equipped with the most up-to-date infrastructure and is designed to accommodate superyachts up to 65 metres. <a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq</a> has obtained special government authorisation in the area and will leverage local craftsmanship and tight quality control for all projects. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/307105/image/large-37277cfe9aff8fc5e40d08e1555a7aef.jpg" data-gid="gid://syiq/Photo/307105">The first vessel to participate in the refit program is the 38.6-metre <a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq</a> yacht <a data-gid="gid://syiq/Yacht/5658" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spring 38.6m (126'8&quot;)Dynamiq Yachts2016">Spring</a>, previously known as Jetsetter. The yacht has already arrived at the &nbsp;state-of-the-art facility, marking the beginning of a comprehensive and intricate refit. <img src="https://photo-assets.superyachttimes.com/photo/307106/image/large-d01cf0e56b941b9abc92e33342f5aa9d.jpg" data-gid="gid://syiq/Photo/307106">“This project will cover a wide range of refurbishments, from propulsion systems overhauls to interior upgrades and more. One of the refit's main jobs is the thorough maintenance of the pods and their gearboxes, led by accredited Reintjes technicians, guaranteeing quality and precision,” concluded <a data-gid="gid://syiq/Company/4472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dynamiq Yachts (Company)">Dynamiq Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/307104/image/large-5f2aa5e486fa531a157598c7bceac6db.jpg" data-gid="gid://syiq/Photo/307104">

Dynamiq announces launch of refit operations in Turkey

Dynamiq Yachts has officially launched its refit operations in the Antalya Free Zone, Turkey.

Dynamiq announces launch of refit operations in Antalya, Turkey

Over the past three years, SuperYacht Times has been providing the industry with the premium yacht market report, <a href="https://www.superyachttimes.com/market-reports" rel="noopener noreferrer" target="_blank" title="">The State of Yachting</a>, to the sector for free. This year we will be returning to a paid model, however we will now also be offering <a href="https://www.superyachttimes.com/market-reports" rel="noopener noreferrer" target="_blank" title="">The State of Yachting</a> alongside some of our other top editorial as part of an annual Premium package.There will now be four levels of access to the SuperYacht Times content;• No subscription• Free subscription• Premium subscription&nbsp;• <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a> subscription<img src="https://photo-assets.superyachttimes.com/photo/304582/image/large-da613c978cfddaaadb7bb31b1360edd7.jpg" data-gid="gid://syiq/Photo/304582">What does this mean?For the past year, parts of our content have been subscriber-only and with a free account, you were able to download our annual market report The State of Yachting, and our technical magazine How to Build It, free of charge. We have also historically had a print subscription for the newspaper which started at €44.99 per year.&nbsp;Over the years we have invested time and money in our editorial coverage of the superyacht industry, and we will continue to do so. With editorial coverage ranging from in-depth technical articles from <a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How to Build It</a>, to market insight articles and exclusive interviews with key decision makers – all of which were available free of charge. In order to keep creating more in-depth coverage, we will now charge from today onwards for Premium Content. <img src="https://photo-assets.superyachttimes.com/photo/303788/image/large-42eb9f25df8c6999c92217652065b471.jpg" data-gid="gid://syiq/Photo/303788">What is Premium Content?• <a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How to Build It</a>&nbsp;(3 x annual) print and digital magazine• <a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How to Build It</a> digital content online• <a href="https://www.superyachttimes.com/newspaper" rel="noopener noreferrer" target="_blank" title="">SYT Newspaper</a> (4 x annual) print and digital magazine• Premium online content (including SYT iQ market insights and special features)• The industry’s leading annual market report The State of Yachting• All this for a price of just €299 per year Will there still be content for free subscribers? Yes some parts of content will be subscriber-only and you can get access to that with a free account. Also some of our <a href="https://www.superyachttimes.com/market-reports" rel="noopener noreferrer" target="_blank" title="">market reports</a> will remain free, like our annual Monaco Yacht Show report and Gulf Superyacht Summit report.What if I don't want to subscribe? For those readers who do not want to subscribe, they will still have access to the full spectrum of superyacht market news, including daily updates about yacht sales and new to markets. They will also have access to our Partner Content, and many of our usual business features, such as appointments, acquisitions and investments.&nbsp;<a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYTiQ</a>&nbsp;users continued access For those users who already have an <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYTiQ</a> account, they will continue to have full access to all of our content, including the Premium Content and publication downloads. Users need only to log into their <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYTiQ</a> account to access the full spectrum of SuperYacht Times’ editorial content.&nbsp;

SuperYacht Times premium content

SuperYacht Times is now launching Premium Content.

SuperYacht Times launches Premium Content

<a data-gid="gid://syiq/Article/54941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="How Hong Kong could ignite a yachting boom in China (2022-04-12 14:00:00 +0200)">In April 2022, we published an article</a> discussing the potential of the Asia-Pacific region for the superyacht sector, and in June we reported a surge in the 24 metre-plus market in Southern Asia. With local yacht owners on the rise and an increase in inbound brokerage following the Covid-19 pandemic, the eyes of the industry had certainly begun to turn their attention to the region, with a number of brokerage houses, such as <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, opening new offices in Asia to serve the upsurge of new local clients. <img src="https://photo-assets.superyachttimes.com/photo/284216/image/large-19bfd3aa667459a0e42f62a8ea7460ce.jpg" data-gid="gid://syiq/Photo/284216">In a presentation during the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show</a> last year, Dutch yacht builder <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> indicated that with 357 billionaires in China, 112 in Hong Kong and 54 in Singapore (calculated during a 2022 study), Asia had a huge potential for the market. However, despite the promising outlook, how is the market actually faring today, and what are local experts experiencing on the ground? One brokerage that has been well established within the region is <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, with a team based in Hong Kong. We sat down with Eric Noyel, Managing Director of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Asia and Sales Broker Bart Kimman to get their perspective. <img src="https://photo-assets.superyachttimes.com/photo/306263/image/large-ee8a3fdad87a07567e22d2239e6a5c25.png" data-gid="gid://syiq/Photo/306263">Eric Noyel: I would summarise the current situation as follows; based on my observations in Hong Kong, Singapore and Thailand, the inbound brokerage (pre-owned) market is very slow at present and nearly at a standstill in China. This is a sign of the market returning to normal after the large increase of sales witnessed during the Covid-19 period.&nbsp;The outbound brokerage (from Asia to the rest of the world) has experienced a good year in 2023 with several large vessels above 35 and up to 65 metres transacting at the beginning of the year. However the market is now losing steam as most of the large brokerage units that were on the markets from Chinese owners have now been sold and exported abroad. The inventory of quality listings is therefore very limited currently.Read:&nbsp;<a data-gid="gid://syiq/Article/55141" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Will there be an upsurge of yacht building in China? (2022-05-16 11:00:00 +0200)">Will there be an upsurge of yacht building in China?</a><img src="https://photo-assets.superyachttimes.com/photo/284352/image/large-070a15a6bb599cfedd5341c6ba9be969.jpg" data-gid="gid://syiq/Photo/284352">Also noticeable is the fact that a number of Hong Kong superyacht owners have downsized and sold their larger vessels in favour of sub-30 metres, below 150 GT, which are mainly used as day boats. These owners also tend to prefer new or very recently launched vessels. In terms of new-build deliveries, it is clear that the leading brands have been <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a>. Both have seen an important flow of new deliveries in the 24-30 metre segment, <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> has been particularly successful with the X 95 across Asia. Phuket remains a large hub for superyachts in the region thanks to the existing infrastructure and on ground support. It is in Phuket that most stationary and visiting superyachts above 40-metres are located.Read:&nbsp;<a data-gid="gid://syiq/Article/54941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="How Hong Kong could ignite a yachting boom in China (2022-04-12 14:00:00 +0200)">How Hong Kong could ignite a yachting boom in China</a><img src="https://photo-assets.superyachttimes.com/photo/296391/image/large-95d508b324ecd7c318bbff1e2ebdcef8.jpg" data-gid="gid://syiq/Photo/296391">Bart Kimman: I agree 100% with Eric's views on the superyacht market in Asia. However, I detect a ground swell post-Covid of boat owners who are looking to buy a 30-metre-plus yacht in the Region. Due to the long delivery lines, superyachts under 10 years of age and indeed cancelled in-build opportunities are attracting interest from buyers in Asia. Also it appears that very large yachts are returning to the region, offering great opportunities for charters in Asia waters. We spotted the 2019, 2,999 GT <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a> of Ao Po Marina in Phuket and we believe she is for charter. In Phuket now, the general consensus is that the market is coming back with new boats and a revitalised charter market that seems to be running longer outside the season.In terms of brands to watch, we have seen that <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a>, <a data-gid="gid://syiq/Company/293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Shipyard (Company)">Mulder</a> and <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> are becoming desirable brands and perceived as upmarket and exclusive, versus the hyper successful Italian and British brands which to an extent are losing exclusivity as a result of their popularity.<img src="https://photo-assets.superyachttimes.com/photo/298417/image/large-96c95084c55301c4ce80ed32ef591fd2.jpg" data-gid="gid://syiq/Photo/298417">Eric concludes; The market in Asia is now growing healthily, a number of newcomers have been brought to the sector and enjoyed the yachting lifestyle in recent years. The wealth’s level ensures a large untapped pool of potential owners exists. There is therefore no doubt that the growth is here to stay, and that the pace of this growth will be dictated by the speed at which the infrastructure will allow the industry to grow : berthings capacity, marine related Human Resources educational programs, support capacity such as lifting and repairs facilities.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT IQ</a>, in 2022, the percentage of global yacht ownership held by Asians was at 6.4%, representing a total of 127 yacht owners. The figures for 2023 indicate a stable continuation of this trend.This article is featured in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/issue-48-superyacht-times-newspaper" rel="noopener noreferrer" target="_blank" title="">Issue 48</a>&nbsp;of the SuperYacht Times newspaper.&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">Subscribe now</a>&nbsp;to receive your copy straight to your door and never miss another issue.&nbsp;

Market Insight: Is Asia facing a downward turn?

The ‘Asia boom’ has been well documented over recent years, but is the growth sustainable? Fraser brokers share their perspective.

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<a data-gid="gid://syiq/Company/808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moravia Yachting (Company)">Moravia Yachting</a> has announced the appointment of Bertrand Ruat as Sales Broker to its US-based brokerage team.<img src="https://photo-assets.superyachttimes.com/photo/306110/image/large-8c6327442a95ef6c5067b662659a73fc.jpg" data-gid="gid://syiq/Photo/306110">Bertrand combines more than two decades of yachting expertise, serving as a 3000-ton MCA Captain, project manager, and broker. "I am delighted to join <a data-gid="gid://syiq/Company/808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moravia Yachting (Company)">Moravia Yachting</a> USA as Sales Broker for the superyacht division, bringing with me 23 years of experience in yachting,” explained Bertrand Ruat.His extensive experience spans various semi and full displacement yachts across the Mediterranean, Caribbean, Bahamas, and the East Coast of the US.“My goal and objectives, with customer-centric dedication, are to provide impeccable service to clients seeking luxury superyachts, as well as first-class personalised assistance."

Moravia Yachting appoints Bertrand Ruat as Sales Broker

Moravia Yachting has announced the appointment of Bertrand Ruat as Sales Broker to its US-based brokerage team.

The 55.2-metre <a data-gid="gid://syiq/Company/573" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sterling Yachts (Company)">Sterling</a> yacht <a data-gid="gid://syiq/Yacht/969" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady A55.2m (181'1&quot;)Sterling Yachts1986">Lady A</a> sold an in-house deal with Simon Goldsworthy of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> representing the buyer and seller.<img src="https://photo-assets.superyachttimes.com/photo/265502/image/large-283af204ef52913f5dcf9bc859177d44.png" data-gid="gid://syiq/Photo/265502">Delivered in 1986 by her Japan-based shipyard, the yacht, previously named Emihar Chios, features exterior design by <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a>, interiors courtesy of <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design&nbsp;</a>and <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a>, with naval architecture by <a data-gid="gid://syiq/Company/573" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sterling Yachts (Company)">Sterling Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/265487/image/large-be0322bdfa3cbfd2446fce3ba89735c8.png" data-gid="gid://syiq/Photo/265487">At a volume of 879 GT, the vessel is capable of accommodating as many as 12 guests across a six stateroom layout, while additional accommodation is available for up to 15 crew members.<img src="https://photo-assets.superyachttimes.com/photo/265478/image/large-39386a21692779728e17425b2df44dfc.png" data-gid="gid://syiq/Photo/265478">Among the motor yacht’s standout features are her wide-screen television in the lavish saloon, and a full-beam owner’s suite on the lower deck complete with a private study, Jacuzzi, and separate shower room for maximal luxury.<img src="https://photo-assets.superyachttimes.com/photo/265474/image/large-92d3051be332109d00f6bbb6ffe57c67.png" data-gid="gid://syiq/Photo/265474"><img src="https://photo-assets.superyachttimes.com/photo/194704/image/large-9923049668aecf4f37772d072101ae26.jpg" data-gid="gid://syiq/Photo/194704">In terms of her performance, she 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 that propel her to a cruising speed of 13 knots and a top speed of 16 knots.<img src="https://photo-assets.superyachttimes.com/photo/265489/image/large-7fe5ac78006336e7ee619e15842df3ee.png" data-gid="gid://syiq/Photo/265489">At the time of her sale, <a data-gid="gid://syiq/Yacht/969" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady A55.2m (181'1&quot;)Sterling Yachts1986">Lady A</a>’s last known asking price was €7,900,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/265506/image/large-5f46411d3fd8eefae1a773dbdd17d902.png" data-gid="gid://syiq/Photo/265506">

55m Sterling yacht Lady A sold

The 55.2-metre Sterling yacht Lady A sold in-house deal with Simon Goldsworthy of Edmiston representing the seller. 



55m Sterling superyacht Lady A sold

The 30.45-metre <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a> motor yacht <a data-gid="gid://syiq/Yacht/6688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ninitas A30.45m (99'11&quot;)Astondoa S.A. (Astilleros)2017">Ninitas A</a> sold with Endri Kalaja of <a data-gid="gid://syiq/Company/7643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mektrin Motors (Company)">Mektrin Motors</a> introducing the buyer and Tassos Papantoniou of <a data-gid="gid://syiq/Company/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Torrance Yachts (Company)">Torrance Yachts</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/308359/image/large-abb1dcbd143b1e39b7350646d28c39cd.jpg" data-gid="gid://syiq/Photo/308359">Delivered in 2017 as part of the <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a> Century 100 series, the flybridge yacht features an interior design by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a>, with her exterior design and naval architecture both crafted in-house by her Spain-based shipyard.<img src="https://photo-assets.superyachttimes.com/photo/308358/image/large-f082a0048f1bb31bacaa1b527ef7bddf.jpg" data-gid="gid://syiq/Photo/308358">At a volume of 200 GT, <a data-gid="gid://syiq/Yacht/6688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ninitas A30.45m (99'11&quot;)Astondoa S.A. (Astilleros)2017">Ninitas A</a> is capable of hosting as many as 10 guests across a five stateroom layout, including a convertible spa and a master suite located on the main deck, while separate accommodation is also available for as many as four crew members.<img src="https://photo-assets.superyachttimes.com/photo/308360/image/large-44939215f109a6acc8da810a1bbbb1ad.jpg" data-gid="gid://syiq/Photo/308360">Some of the vessel’s most noteworthy features are the floor-to-ceiling windows that provide ample light, the expansive sundeck complete with a Jacuzzi, as well as the fact that she is in new condition, with only 1,000 hours on her main engines.<img src="https://photo-assets.superyachttimes.com/photo/308361/image/large-33b8c970a8ca7452490b0eae5e0eb1d7.jpg" data-gid="gid://syiq/Photo/308361">Performance-wise, she 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 that propel her to a cruising speed of 22 knots along with a top speed of 26 knots. Moreover, the yacht is composed of a GRP hull and GRP superstructure. <img src="https://photo-assets.superyachttimes.com/photo/97534/image/large-d8ad40f801585c46038a2ac5fea0b937.jpg" data-gid="gid://syiq/Photo/97534">At the time of her sale, <a data-gid="gid://syiq/Yacht/6688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ninitas A30.45m (99'11&quot;)Astondoa S.A. (Astilleros)2017">Ninitas A</a>’s last known asking price was €5,950,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/97522/image/large-d188f700f0e9ac7e6c06344bd45d7d13.jpg" data-gid="gid://syiq/Photo/97522">

31m Astondoa yacht Ninitas A sold

The 30.45-metre Astondoa motor yacht Ninitas A sold with Mektrin Motor introducing the buyer and Torrance Yachts representing the seller. 

31m Astondoa motor yacht Ninitas A sold

The 40.8-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht <a data-gid="gid://syiq/Yacht/11710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmico40.8m (133'10&quot;)Benetti SpA2024">Cosmico</a> was launched by her Italy-based builder in Livorno last week. She was launched as part of the popular&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Oasis 40M line, and has been customised by her owners, with a delivery date of May 2024. <img src="https://photo-assets.superyachttimes.com/photo/308356/image/large-98484118d3e219e31f10cb4db0be8079.jpg" data-gid="gid://syiq/Photo/308356"><a data-gid="gid://syiq/Yacht/11710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmico40.8m (133'10&quot;)Benetti SpA2024">Cosmico</a> features exterior design by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, interiors courtesy of <a data-gid="gid://syiq/Company/5263" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bonetti / Kozerski architecture DPC (Company)">Bonetti / Kozerski Architecture</a>, along with naval architecture created in-house by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. Her interiors have been designed to meet the needs of her owners, with extensive customisations onboard.&nbsp;<a data-gid="gid://syiq/Yacht/11710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmico40.8m (133'10&quot;)Benetti SpA2024">Cosmico</a> uses materials such walnut as an alternative to rosewood, creating an elegant contrast with the leather-clad panels that replace the gloss lacquered panelling in the original design, while oak boards replace teak for the interior flooring.<img src="https://photo-assets.superyachttimes.com/photo/308357/image/large-f7af25e028d790b8cbd7b7028a7e0424.jpg" data-gid="gid://syiq/Photo/308357">At a volume of 386 GT, <a data-gid="gid://syiq/Yacht/11710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmico40.8m (133'10&quot;)Benetti SpA2024">Cosmico</a> has a five stateroom configuration that is able to accommodate up to 10 guests, with her master suite situated on the main deck. The suite includes a central bed, while the vanity area has been moved forward to conceal her majestic ensuite bathroom.&nbsp;The motor yacht, which has a beam of 8.5-metres and a draft of 2.14-metres, is composed of a grp hull and superstructure. Her upper deck has been customised to include an alfresco space with a quartzite-topped table, while her sun deck has been designed for relaxing and entertaining.<a data-gid="gid://syiq/Yacht/11710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmico40.8m (133'10&quot;)Benetti SpA2024"><img src="https://photo-assets.superyachttimes.com/photo/81292/image/large-56ff735d02739bb680f014f138ed5ca5.jpg" data-gid="gid://syiq/Photo/81292">Cosmico</a> features <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s Oasis Deck®, with side wings that swing open to convert the beach area into a spacious terrace, providing guests the opportunity to be close to the water’s edge.Performance-wise, <a data-gid="gid://syiq/Yacht/11710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmico40.8m (133'10&quot;)Benetti SpA2024">Cosmico</a> has a cruising speed of 12 knots and a top speed of 16 knots, over the course of a 4,000 nautical mile range.&nbsp;

41m Benetti motor yacht Cosmico launched 

The 40.8-metre superyacht Cosmico was launched by her Italy-based builder Benetti last week.

41m Benetti Oasis superyacht Cosmico launched 

With construction of the 34-metre yacht Project 111.11 nearing completion at the Netherlands-based <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</a> shipyard, recently unveiled renders exhibit the practicality and Moon-inspired aesthetics of the vessel.<img src="https://photo-assets.superyachttimes.com/photo/287124/image/large-9360dc84782eb7fd76385bfbcd5df75a.png" data-gid="gid://syiq/Photo/287124">Due to be delivered in 2024, the custom yacht Project 111.11 features exterior design by <a data-gid="gid://syiq/Company/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Guido de Groot Design (Company)">Guido de Groot</a>, while her interiors are derived from the drawing boards of <a data-gid="gid://syiq/Company/6544" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carla Guilhem (Company)">Carla Guilhem</a>.<img src="https://photo-assets.superyachttimes.com/photo/287123/image/large-ac476ae34701314195cddc10d5fabb3a.png" data-gid="gid://syiq/Photo/287123">The US-based designer <a data-gid="gid://syiq/Company/6544" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carla Guilhem (Company)">Carla Guilhem</a> was reportedly given free reign of the yacht’s lavish interiors, as the clients informed her, “‘You have carte blanche to do whatever you want, Carla; let us see some reference images at the start and then you lead the way with your imagination,’ they said. It’s everything a designer wants to hear,” Guilhem recalled.<img src="https://photo-assets.superyachttimes.com/photo/287116/image/large-9a08089cf2c4e22f43d68668bf956e1d.png" data-gid="gid://syiq/Photo/287116">One truly custom aspect of Project 111.11’s indoor living spaces is the asymmetrical lounge, and an additional beam that gives way to a full-beam master suite located on the main deck complete with a spacious walk-in wardrobe.<img src="https://photo-assets.superyachttimes.com/photo/287118/image/large-8d681f9777d897fc3674a2be9d2483c4.png" data-gid="gid://syiq/Photo/287118">Furthermore, four comfortable ensuite staterooms, including two twin staterooms and two VIP amidships with personal desk stations, ensure a comfortable stay for the remaining guests onboard.<img src="https://photo-assets.superyachttimes.com/photo/287119/image/large-610981d2cd638ab109cde10d08413e48.png" data-gid="gid://syiq/Photo/287119">Guilhem drew inspiration from images of both the Moon and Mars, which is especially evident in the oval shape of the windows, star-like lighting fixtures, and the loose furniture that give the impression of an aerial, floating atmosphere. <img src="https://photo-assets.superyachttimes.com/photo/287114/image/large-bf9eb784e7ba52b717511b5ce1dab1a1.png" data-gid="gid://syiq/Photo/287114">Among the vessel’s centrepieces is the palatial, futuristic main saloon, where brightly coloured plants, softly spherical sofas and armchairs, unique sculptures, and a formal dining area flanked by floor-to-ceiling windows compose a welcoming social hub.<img src="https://photo-assets.superyachttimes.com/photo/287112/image/large-6b733dd854488ef7d2603174046dafcc.png" data-gid="gid://syiq/Photo/287112">The same style of rounded, ecru-coloured furniture can be found in the yacht’s equally comfortable bridge deck saloon, where an array of vegetation and geometric coffee tables convey a connection to modernity as well as nature.<img src="https://photo-assets.superyachttimes.com/photo/308335/image/large-f7c8148eee66dfd62f59e1f8ff4fb6be.jpg" data-gid="gid://syiq/Photo/308335">The unexpected use of geometry extends to every detail of the yacht, down to her luxurious bathrooms equipped with asymmetrical or oval-shaped mirrors and fashionably monochromatic marble.<img src="https://photo-assets.superyachttimes.com/photo/308336/image/large-8ed61a27af5df155d0bbab1a89e51b2b.jpg" data-gid="gid://syiq/Photo/308336"><img src="https://photo-assets.superyachttimes.com/photo/287122/image/large-02e243cbef00c937792da1abcc1fa3b0.png" data-gid="gid://syiq/Photo/287122">When it comes to Project 111.11’s accommodation, a colour palette defined by crisp whites, creams, and beiges, state of the art entertainment systems, along with overhead lighting arranged in the thematic oval-formation, provide staterooms with an opulent yet practical feel.<img src="https://photo-assets.superyachttimes.com/photo/287120/image/large-802828aa80e7c9b903ac65a243986842.png" data-gid="gid://syiq/Photo/287120">In addition, the VIP staterooms’ contemporary, cream-coloured desk areas overlook an expansive sea view ideal for quiet concentration or contemplation.<img src="https://photo-assets.superyachttimes.com/photo/287117/image/large-eca8ded6c133ac20bb8ebb7dfd08c5be.png" data-gid="gid://syiq/Photo/287117">According to designer Guido de Groot, the yacht’s angular exterior silhouette reflects the client’s penchant “for straight lines, with all angles pointing in the same direction going forward”. <img src="https://photo-assets.superyachttimes.com/photo/308326/image/large-9fa9eeb36f14256a724dd465e27f8ce3.jpg" data-gid="gid://syiq/Photo/308326">Moreover, “four decks on a 34-metre yacht is no small feat and every deck has its own specific requirements. The choice to have a chase boat rather than an onboard tender freed up space in the aft area for a fold-out platform and a lovely lazarette entertainment area with room to store jet-skis and a gym,” De Groot added.<img src="https://photo-assets.superyachttimes.com/photo/287126/image/large-cc136b36471bc6c8dd68774c5bb6be85.png" data-gid="gid://syiq/Photo/287126"><img src="https://photo-assets.superyachttimes.com/photo/287128/image/large-df9f6b10158c1ab5cb4a56efff59ceb8.png" data-gid="gid://syiq/Photo/287128">This collaborative creation is currently beginning to manifest at the <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</a> yard, and is expected to be delivered to her owner in the third quarter of this year. <img src="https://photo-assets.superyachttimes.com/photo/308327/image/large-ca88b5c9f1eb1be987c1541486eb37dd.jpg" data-gid="gid://syiq/Photo/308327">

 New interior renders of 34m Van der Valk yacht Project 111.11 

With construction of the yacht Project 111.11 already underway, new renders exhibit the Moon-inspired aesthetics found within her interiors.

New interior renders of 34m Van der Valk yacht Project 111.11 unveiled 

The 37-metre <a data-gid="gid://syiq/Company/1748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Evadne Yachts (Company)">Evadne</a> yacht <a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008">Sailing Nour</a> sold in a deal with <a data-gid="gid://syiq/Company/7644" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navigo Yachts (Company)">Navigo Yachts</a> introducing the seller and Kyle van Huizen of <a data-gid="gid://syiq/Company/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtzoo (Company)">Yachtzoo</a> representing the seller during negotiations.<img src="https://photo-assets.superyachttimes.com/photo/297646/image/large-7d3b6b30f3bef90d71c3691384c2072a.png" data-gid="gid://syiq/Photo/297646">Delivered in 2008, <a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008">Sailing Nour</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/281" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karatas Yacht Design Ltd. (Company)">Karatas Yacht Design</a>, with interior design penned by <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Yachts</a>. The motor sailing yacht has been fitted with modern amenities, providing guests with a comfortable experience onboard.<img src="https://photo-assets.superyachttimes.com/photo/297640/image/large-efbb39bc86d987b711bc8c3bd250b044.jpg" data-gid="gid://syiq/Photo/297640"><a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008"><img src="https://photo-assets.superyachttimes.com/photo/297637/image/large-8575bf24c5a597b60192c689f4c2da1a.png" data-gid="gid://syiq/Photo/297637"><img src="https://photo-assets.superyachttimes.com/photo/297638/image/large-8d9f3ef165b199c50dfe3c7768e87826.jpg" data-gid="gid://syiq/Photo/297638">Sailing Nour</a> can comfortably accommodate up to eight guests across four lavish staterooms consisting of a king-size owner’s suite, VIP suite and twin staterooms, all with ensuite bathrooms, ensuring comfort and indulgence for all guests.<img src="https://photo-assets.superyachttimes.com/photo/297641/image/large-207563f99d1bf780260c8a3d4dbeca51.png" data-gid="gid://syiq/Photo/297641"><img src="https://photo-assets.superyachttimes.com/photo/297644/image/large-1461834f29680b033851060d5a1d6615.png" data-gid="gid://syiq/Photo/297644"><a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008">Sailing Nour</a> boasts plenty of exterior deck spaces, with both entertainment and relaxation in mind. <a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008">Sailing Nour</a> is also equipped with a range of water toys, ensuring both performance and entertainment on the water.<img src="https://photo-assets.superyachttimes.com/photo/79228/image/large-4e5e0db66aae12ebfaabdd2e36de04b9.jpg" data-gid="gid://syiq/Photo/79228">In terms of performance, <a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008">Sailing Nour</a> is powered by twin <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engines, providing her with a cruising speed of 12 knots and a top speed of 14 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/3144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Nour37.0m (121'5&quot;)Evadne Yachts2008">Sailing Nour</a> had a last known asking price of €1,900,000.&nbsp;

37m Evadne yacht Sailing Nour sold

The 37-metre Evadne yacht Sailing Nour sold in a deal with Kyle van Huizen of Yachtzoo representing the seller during negotiations.

37m Evadne motor sailing yacht Sailing Nour sold

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced the launch of the fourth hull in the popular 42.61-metre flagship <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> 140 yacht series. Launched at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona, Italy the yacht is part of the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> flagship planing line. <img src="https://photo-assets.superyachttimes.com/photo/308316/image/large-28412dc1b0041a753eada2dbbef8c567.jpg" data-gid="gid://syiq/Photo/308316">The <a data-gid="gid://syiq/Yacht/12465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line 140/0442.61m (139'10&quot;)Custom Line2024">Custom Line 140</a> yacht is the result of collaboration between the Strategic Product Committee for exteriors and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Engineering Department for her interior design. She showcases a made-to-measure approach with support from the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Atelier to create a highly specialised yacht that meets the needs of her owner.<img src="https://photo-assets.superyachttimes.com/photo/308313/image/large-57809b0f195d9c44ede55ce155dbb899.jpg" data-gid="gid://syiq/Photo/308313"><img src="https://photo-assets.superyachttimes.com/photo/308312/image/large-73165cddf7fd553e798d5febbbde24dc.jpg" data-gid="gid://syiq/Photo/308312">The tri-deck yacht features a sleek and powerful silhouette, with a distinctly sporty character. Her taut lines sweep from her bow to stern, while natural light illuminates her interior from her floor-to-ceiling windows. <iframe width="640" height="360" src="https://player.vimeo.com/video/934861961?share=copy" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> The <a data-gid="gid://syiq/Yacht/12465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line 140/0442.61m (139'10&quot;)Custom Line2024">Custom Line 140</a> yacht has been inspired by residential architecture, with a refined ‘Made in Italy’ style. She showcases furniture and furnishings from an array of luxurious materials such as Travertino marble, Breccia Capraia stone, European oakwood, natural teak and Libeccio leather.<img src="https://photo-assets.superyachttimes.com/photo/308320/image/large-90e64996ca86b74facceab3ed57bc0e8.jpg" data-gid="gid://syiq/Photo/308320"><img src="https://photo-assets.superyachttimes.com/photo/308323/image/large-e5ae7c956074610b572bca77cc4d384a.jpg" data-gid="gid://syiq/Photo/308323">The interior of the <a data-gid="gid://syiq/Yacht/12465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line 140/0442.61m (139'10&quot;)Custom Line2024">Custom Line 140</a> yacht uses pale muted colours, paired with brighter shades of milk white and cream, alongside side full-bodied shades of burgundy and bronze. The yacht also uses a special metallic paint derived from the car industry for various frame details, creating a sporty yet sophisticated style.<img src="https://photo-assets.superyachttimes.com/photo/308318/image/large-1626c84e5e1003c63580e02b4b1ebd7a.jpg" data-gid="gid://syiq/Photo/308318"><img src="https://photo-assets.superyachttimes.com/photo/308324/image/large-1f753541bba198570cfb9bc87e5bc643.jpg" data-gid="gid://syiq/Photo/308324">The <a data-gid="gid://syiq/Yacht/12465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line 140/0442.61m (139'10&quot;)Custom Line2024">Custom Line 140</a> yacht has a three deck layout, with distinct areas for the guests and crew. She can comfortably accommodate up to 10 guests across a five stateroom configuration, as well as a crew of seven, across four cabins to ensure the highest standard of service for guests onboard.<img src="https://photo-assets.superyachttimes.com/photo/308317/image/large-cc34f8c0e485957193618bade20dfa2b.jpg" data-gid="gid://syiq/Photo/308317">In terms of performance, the <a data-gid="gid://syiq/Yacht/12465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line 140/0442.61m (139'10&quot;)Custom Line2024">Custom Line 140</a> yacht 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, which propel her to a top speed of 21.5 knots. <img src="https://photo-assets.superyachttimes.com/photo/308315/image/large-39c6b69028f6214eca9cd047af44fe21.jpg" data-gid="gid://syiq/Photo/308315">

Fourth 43m Custom Line 140 yacht launched

The Ferretti Group has announced the launch of the fourth hull in the popular 42.61-metre flagship Custom Line 140 yacht series.

Video: Fourth 43m Custom Line 140 motor yacht launched

The 26-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 26 Metri yacht <a data-gid="gid://syiq/Yacht/11781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha26.0m (85'4&quot;)Azimut Yachts2023">Aisha</a> sold with Sercan Nersesoglu of <a data-gid="gid://syiq/Company/5693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Redna Yachts (Company)">Redna Yachts</a> representing both the buyer and the seller.<img src="https://photo-assets.superyachttimes.com/photo/308270/image/large-a87e54f0eba028ab1515fbca66ee17c3.jpeg" data-gid="gid://syiq/Photo/308270">With a delivery date of 2023, this yacht, which is part of the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 26 Metri series, features an exterior design by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>, interiors by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>, and naval architecture created in-house by her Italy-based shipyard.<img src="https://photo-assets.superyachttimes.com/photo/220862/image/large-255931a095dafdca9b949eab6c308998.jpg" data-gid="gid://syiq/Photo/220862"><img src="https://photo-assets.superyachttimes.com/photo/220861/image/large-beee3615032bd7f65ea2cdcb53d25ab7.jpg" data-gid="gid://syiq/Photo/220861">Furthermore, the flybridge yacht is capable of accommodating as many as 10 guests across a five stateroom configuration.<img src="https://photo-assets.superyachttimes.com/photo/220856/image/large-90d2b6740c958eb3f008e6dd1489c1b9.jpg" data-gid="gid://syiq/Photo/220856"><img src="https://photo-assets.superyachttimes.com/photo/220860/image/large-4353b92938f384fc5f545b3545045871.jpg" data-gid="gid://syiq/Photo/220860">At a volume of 140 GT, the vessel consists of a GRP hull as well as GRP superstructure.<img src="https://photo-assets.superyachttimes.com/photo/220859/image/large-a56d25c7a89af554ef69523aa4640472.jpg" data-gid="gid://syiq/Photo/220859">At the time of her sale, <a data-gid="gid://syiq/Yacht/11781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aisha26.0m (85'4&quot;)Azimut Yachts2023">Aisha</a>’s last known asking price was €7,250,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/205867/image/large-1a5f39c4ef39bbf50ab1cd59b52a3fe8.jpg" data-gid="gid://syiq/Photo/205867">

26m Azimut yacht Aisha sold

The 26-metre Azimut Grande 26 Metri yacht Aisha sold with Sercan Nersesoglu of Redna representing both the buyer and the seller. 



26m Azimut motor yacht Aisha sold in-house

The Italian luxury fashion designer Roberto Cavalli passed away on Friday, 12 April 2024. <img src="https://photo-assets.superyachttimes.com/photo/308283/image/large-8397e62823b2c42ed283dfde8f9e2518.png" data-gid="gid://syiq/Photo/308283">Known for his signature sand-blasted jeans and pervasive use of animal print, Cavalli was the founder of the eponymous Italian fashion company Roberto Cavalli, which rose to fame in the 1970s.Along with making a name for himself in the fashion industry, Cavalli also had a presence in the world of yachting as the owner of the 28-metre <a data-gid="gid://syiq/Company/1869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerri Cantieri Navali (CCN) (Company)">Cerri</a> motor yacht <a data-gid="gid://syiq/Yacht/6373" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freedom28.0m (91'10&quot;)Cerri Cantieri Navali (CCN)2018">Freedom</a>.Read:&nbsp;<a data-gid="gid://syiq/Article/49538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard Roberto Cavalli's 28m yacht Freedom (2019-02-01 15:45:00 +0100)">Onboard Roberto Cavalli's 28m yacht Freedom</a><img src="https://photo-assets.superyachttimes.com/photo/77755/image/large-500fc2cfe70cb6181500955bc1ad6b6c.jpg" data-gid="gid://syiq/Photo/77755">Delivered in 2018 by her Italy-based shipyard, this chic sport boat yacht features an exterior and interior design both crafted by <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Studio Arch. Tommaso Spadolini</a>, with naval architecture by penned in-house by <a data-gid="gid://syiq/Company/1869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerri Cantieri Navali (CCN) (Company)">Cerri Cantieri Navali (CCN)</a>.<img src="https://photo-assets.superyachttimes.com/photo/62766/image/large-64a17dc7b86c3b8709396d095e9a9019.jpg" data-gid="gid://syiq/Photo/62766">At a volume of 130 GT, <a data-gid="gid://syiq/Yacht/6373" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freedom28.0m (91'10&quot;)Cerri Cantieri Navali (CCN)2018">Freedom</a> is capable of hosting as many as six guests across a three stateroom layout, while separate accommodation is also provided for up to three crew members.<img src="https://photo-assets.superyachttimes.com/photo/62788/image/large-1aaefd5187bc11cf73eefad377c96429.jpg" data-gid="gid://syiq/Photo/62788">During his ownership of the yacht, Cavalli was able to enjoy the high speeds offered by this vigorous vessel. Powered by three <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN&nbsp;</a>engines, <a data-gid="gid://syiq/Yacht/6373" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freedom28.0m (91'10&quot;)Cerri Cantieri Navali (CCN)2018">Freedom</a> can reach a cruising speed of 34 knots along with an impressive top speed of 40 knots.<img src="https://photo-assets.superyachttimes.com/photo/62781/image/large-9d3ea54233ea155e915e801014d5bfb4.jpg" data-gid="gid://syiq/Photo/62781"><img src="https://photo-assets.superyachttimes.com/photo/62761/image/large-0fdd231ba1244050faf27a80287a3bfc.jpg" data-gid="gid://syiq/Photo/62761">After his passing, Cavalli’s “legacy will live on via his art, his creativity, his love of nature, animals and via his family whom he cherished”, said the brand on their Linkedin post.

Roberto Cavalli, owner of the yacht Freedom, dies

The Italian luxury fashion designer Roberto Cavalli passed away on Friday, 12 April 2024. 


Roberto Cavalli, fashion designer and owner of the yacht Freedom, has died 

The bow of a 100-metre plus <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> yacht has been seen for the first time at the Lemwerder facility in Germany. Spotted by a SuperYacht Times reader, the unnamed hull appears to have a clipper bow, with a large bulbous bow attached.<img src="https://photo-assets.superyachttimes.com/photo/308281/image/large-773af4486c4fdc84083bafae859e6494.jpg" data-gid="gid://syiq/Photo/308281">Although details are being kept tightly under wraps, based on her construction, <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a> predicts that she has an estimated delivery date of 2025.&nbsp;As well as this, the 122-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/8278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet122.0m (400'3&quot;)Lürssen Yachts2024">Kismet</a> has been <a data-gid="gid://syiq/Article/60125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exclusive: 122m Lürssen superyacht Kismet on sea trials (2024-04-15 09:00:00 +0200)">spotted on further sea trials close to Kiel, Germany.</a> Previously known as Jag, <a data-gid="gid://syiq/Yacht/8278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet122.0m (400'3&quot;)Lürssen Yachts2024">Kismet</a> was launched from the Schacht-Audorf facility in August 2023.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/60125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exclusive: 122m Lürssen superyacht Kismet on sea trials (2024-04-15 09:00:00 +0200)">Exclusive: 122m Lürssen superyacht Kismet on sea trials</a><img src="https://photo-assets.superyachttimes.com/photo/308235/image/large-0db29b30441aa68739152aa62f7877c5.jpg" data-gid="gid://syiq/Photo/308235">According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has several yachts in-build, including the 136.8-metre <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ali Baba136.8m (448'10&quot;)Lürssen Yachts2024">Ali Baba</a>, which was launched in December 2023 and the 134.2-metre Deep Blue, which was seen for the first time in July 2023.&nbsp;

Lürssen yacht bow seen out of the shed for the first time

The bow of a 100-metre plus Lürssen hull has been seen out of the shed at the Lemwerder facility in Germany for the first time.