OneOcean Port Vell in Barcelona has announced it has been granted a permit to extend the TPA tax free benefit scheme to yachts while berthed in the marina, making it one of the only European marinas where VAT exemption can be granted. The scheme has traditionally only been applicable to yachts in shipyards.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/157079/image/large-d02ea60d05b2f9167fd318f02d3d0a23.jpg" data-gid="gid://syiq/Photo/157079">The works and materials, as well as dockage and power consumption, will be exempt of VAT when completed within the approved TPA window. This will allow large savings for yachts undergoing repairs, maintenance and improvement works at OneOcean Port Vell.The TPA permits a tax free bubble working in tandem with the fiscal authority for non-EU flagged yachts that are completing repairs and improvements whilst in the EU, without causing pollution. As a marina, OneOcean Port Vell does not offer full shipyard services and there are restrictions on what works can be carried out, however normal maintenance work, interior, mechanical or electronic/electrical works are among those possible.The yacht will work with an approved administrator who will oversee all yacht servicing and invoicing, and provide the fiscal authority with reports before, during and after the project is finalised.By Gemma Fottles

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OneOcean Port Vell obtains TPA permit

The <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a> has launched a new Yacht Engaged in Trade (YET) programme, providing British Virgin Islands (BVI)-flagged superyachts with a formal path to combine private use with limited commercial chartering in Greek, Monaco and French waters.The certification, which comes under a newly published <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a>, only applies to BVI-flagged yachts measuring 24-metres and above.<img src="https://photo-assets.superyachttimes.com/photo/285871/image/large-8fcbfd6ecd33123efe76d4c151e81472.jpg" data-gid="gid://syiq/Photo/285871">According to <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, owners may retain their Pleasure Certificate of British Registry while taking on a temporary Yacht Engaged in Trade (YET) certificate for the duration of each charter period, for up to a maximum of 84 days per year. Once the charter concludes, the yacht's pleasure certificate is reinstated without requiring conversion to full commercial registration.<a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> also stated that owners are no longer required to leave European Union waters to complete new import or export formalities when switching between private and charter use.&nbsp;Under the programme, yachts may operate on either basis during the 18-month Temporary Admission period without further customs formalities, provided the relevant conditions are met. Yachts with VAT-paid status or in Free Circulation are not subject to the 18-month limit.<img src="https://photo-assets.superyachttimes.com/photo/363128/image/large-9de6013ee3a3b56cf02c66b85dc42db8.jpg" data-gid="gid://syiq/Photo/363128">The programme is intended for yachts already operating to a commercial standard. To qualify, vessels must measure at least 24-metres in load line length, hold class certification and comply with the Red Ensign Group Yacht Code, the Maritime Labour Convention, the International Safety Management Code and the International Ship and Port Facility Security Code.Furthermore, <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> verifies compliance through a survey before issuing a Yacht Engaged in Trade Certificate of Compliance, which must be held before each charter period.Charters are limited to 84 days annually and may carry no more than 12 passengers. For non-VAT-paid yachts, charters can currently only commence in Greek, Monaco or French waters. During charter periods, yachts operate under commercial requirements and remain subject to Port State Control inspections under the Paris Memorandum of Understanding.Commenting on the programme, Business Development Manager at <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, Georgios Bazos, said: "This gives BVI-flagged yachts operating in Europe the opportunity to charter for part of the year while keeping their private registration for the rest. It's a natural next step for the registry, and one more option for owners who want flexibility without added complexity."

VISMA launches 84-day European charter programme for BVI-flagged superyachts

VISMA has launched a new programme, allowing BVI-flagged superyachts up to 84 days of commercial chartering in selected European waters. 

Plymouth-based boat refit company Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.<img src="https://photo-assets.superyachttimes.com/photo/399628/image/large-90cdcccefd37fd95c414dc2c921b672b.jpg" data-gid="gid://syiq/Photo/399628">Yacht Solutions Europe focused on yacht refit and repairs, with services including engineering, retrofitting, carpentry, upholstery and upgrades. They worked on projects worldwide and opened a base in Florida, USA, in 2023.Yacht Solutions Europe was founded in 2021 by two former <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> employees, Paul Eccles and Dave Watson, after the collapse of a previous business, Yacht Solutions Worldwide Ltd.&nbsp;The assets were sold to Yacht Solutions Europe in a pre-pack deal and was dissolved in 2024, leaving debts of more than £282,000 unpaid, with the company now entering creditors’ voluntary liquidation.<img src="https://photo-assets.superyachttimes.com/photo/399629/image/large-a78e5de8571b860d8e0ffc83ed261014.jpg" data-gid="gid://syiq/Photo/399629">Documents filed on Companies House show assets of about £18,000 which will be used to pay nine employees and the pension scheme, however there is less than £1,000 left for other creditors, which include more than £176,000 owed to HM Revenue and Customs, nearly £85,000 owed to a lender, around £160,000 owed to six other banks and institutions and £82,500 owed to workers as unsecured creditors.There are 21 trade creditors claiming a combined £34,700, while the American arm Yacht Solutions USA is claiming £71,000. Yacht Solutions Europe’s statement of affairs also revealed that an estimated £608,522 will end up being unpaid.Steve Henson, Managing Director at Devon’s Castle Hill Insolvency, has been appointed joint-liquidator.

Yacht Solutions Europe enters liquidation

Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.

Yacht Solutions Europe enters liquidation with more than £600k unpaid debt

<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

The 79.8-metre Amels 80 yacht Project Zurich has departed the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Vlissingen in preparation for her delivery. According to AIS, the yacht is now displaying the name <a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a> and is making her way towards the United Kingdom before continuing on to the Baltic Sea and the Norwegian fjords.<img src="https://photo-assets.superyachttimes.com/photo/399654/image/large-b7461a17785f4163a57ead5ef41034d3.png" data-gid="gid://syiq/Photo/399654">Launched in March 2026, the third <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 yacht features exterior design by Espen Øino International, with naval architecture by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> and a custom interior design by an award-winning interior design team, which remains confidential.Described by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> as being “distinguished by a refined contemporary character”, <a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a>'s innovative interior design features a carefully curated collection of contemporary art by international artists, which have been integrated throughout the yacht.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/397930/image/large-d20f4b28ba62e8fb0644568654fd0d55.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260709%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260709T143751Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=ab18982d169cceeff10a13661e5baa4bedad43e10a70e9a331c8eee2728f26b9" data-gid="gid://syiq/Photo/397930">"Project Zurich has been an exceptionally rewarding yacht to bring to life,” explained Sander Peeters, Project Manager at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. “From the very beginning, the collaboration with the designers and the owner’s representative team was defined by clarity, trust and a remarkably fluid exchange of ideas.”Construction on the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 yacht began in 2023, with the yacht seen for the first time in November 2024 when her hull was launched from the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Galati, Romania, before she was transferred to the Netherlands for outfitting.Read more: <a data-gid="gid://syiq/Article/62113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hull of third Amels 80 superyacht launched and preparing for outfitting (2024-11-28 14:15:00 +0100)">Hull of third Amels 80 superyacht launched and preparing for outfitting</a><img src="https://photo-assets.superyachttimes.com/photo/397929/image/large-f2517c13ec6db813dd76f01d08744f3c.jpg" data-gid="gid://syiq/Photo/397929"><a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a> can comfortably accommodate up to 14 guests across seven sumptuous staterooms, with her master suite situated on a dedicated owner’s deck. Her remaining six guest staterooms are located on the main deck, while crew accommodation for 20, plus the captain is on the lower deck.This <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 yacht includes a 6.5-metre glass-bottomed pool on her main deck aft, which also serves as a skylight for her beach club below. Opening up on three-sides, the space offers direct access to the water.<a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a>'s beach club incorporates a comprehensive wellness and spa area featuring a gym, hammam and sauna, while further signature elements include a spacious sun deck, complete with a Jacuzzi.

Project Zurich: Amels 80 yacht delivered and named Germaine

The Amels 80 yacht Project Zurich has departed the Damen Yachting facility in preparation for her delivery displaying the name Germaine on AIS.

Amels 80 yacht Project Zurich delivered and named Germaine

<a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> has announced the launch of the first 27.97-metre <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht on 1 July at the port of Fano in Italy.<img src="https://photo-assets.superyachttimes.com/photo/399651/image/large-48103691913c2a729257153a5c90d2a5.jpg" data-gid="gid://syiq/Photo/399651">The <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht expands the GTX range and is the result of a joint effort between <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vallicelli Design (Company)">Vallicelli Design</a> studio and the Group’s Engineering Department. Construction began 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> Plug and Mould facility and was completed in the new Mondolfo production area where the GTX range is built.&nbsp;The new sport utility yacht incorporates several of <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>’s distinct features, such as a slightly convex sheer line running from bow to stern and the vertical bow. Her overall appearance expresses sportiness, with a contemporary silhouette, while staying true to <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>'s DNA.<img src="https://photo-assets.superyachttimes.com/photo/399652/image/large-cbf95dd307eb52bd370394e2e58c44ed.jpg" data-gid="gid://syiq/Photo/399652">Moving inside, the main deck saloon includes a generous C-shaped sofa for socialising and relaxation, while her port side deck is equipped with a large bar counter with three stools, fridges, an ice maker, and a dish washer, while her dining table seating eight is positioned on the opposite side.Spanning two decks and a sportbridge, the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht can accommodate up to eight guests across four comfortable staterooms on the lower deck, comprising a full-beam owner's suite amidships, a VIP stateroom forward and two guest staterooms.Designed to optimise the use of every single space onboard, her master suite extends across the yacht’s full beam. There are also two double crew cabins with private bathrooms and a direct connection to the main galley, ensuring smooth operation and efficient service.<img src="https://photo-assets.superyachttimes.com/photo/399650/image/large-b637da805d41d84f2e5bd0f5d18c228d.jpg" data-gid="gid://syiq/Photo/399650">The helm station of the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht is in the bow and is fitted with three pilot chairs, an optional electrically operated skylight and access to both side walkways leading to the forward area.&nbsp;This space features a sunpad and a dinette fitted with an electric table which moves up and down, offering flexibility to be used as a single sunbathing space with additional seating and direct access to the water.&nbsp;At her stern, the raised cockpit of the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht includes two swing-down side terraces, which extend her beam to its widest point in the cockpit area and increase the deck space to 37 square-metres. <img src="https://photo-assets.superyachttimes.com/photo/399653/image/large-0324ed23881e7aaa4f5d45bb13189868.jpg" data-gid="gid://syiq/Photo/399653">Her cockpit features a spacious panoramic sunpad, with storage beneath for two Seabobs, and a lounge area in the shade of the superstructure, with a forward-facing sofa and two coffee tables.One of the standout features of the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht is her spacious 33-square-metre sportbridge, which offers over 43 percent more deck space than the average for yachts of this size.A sunbathing area is positioned aft, with a coffee table in the centre of the yacht furnished with a dinette and two large sofas, all of which are sheltered under a generously sized hard top. <img src="https://photo-assets.superyachttimes.com/photo/399649/image/large-c63a3fccd3fab40dedfbcb0b6451aee9.jpg" data-gid="gid://syiq/Photo/399649">The central helm station forward is equipped with three pilot chairs and two control tunnels fitted with azimuth levers. While her double garage can house a <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Jet Tenders (Company)">Williams</a> 395 SportJet tender and a Sea-Doo Spark Trixx Jet Ski.In terms of performance, the first <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> V12X engines delivering 2,200 horsepower each, coupled with a pair of <a data-gid="gid://syiq/Company/2027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castoldi S.p.A. (Company)">Castoldi</a> TurboDrive 600 HCT waterjets. The yacht has CE Class A certification and is the first unit fitted with two <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">Seakeeper</a> 18 gyroscopic stabilisers.

Pershing GTX90: First 28m yacht launched

Pershing has announced the launch of the first 27.97-metre Pershing GTX90 yacht on 1 July at the port of Fano in Italy.

First 28m Pershing GTX90 yacht launched

The 24.66-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> motor yacht <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> has been sold, with Joe Hill of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> Motor Yacht Sales representing the buyer and Michael St Pierre of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> Monaco representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/399631/image/large-8f34e0131262236d33d87a4d5a1b0a04.jpeg" data-gid="gid://syiq/Photo/399631">Delivered in 2021, <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> is a <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> S78 featuring exterior design and naval architecture by <a data-gid="gid://syiq/Company/2740" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olesinski Ltd. (Company)">Olesinski</a>. Meanwhile, her interior was designed in-house by her British builder, <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.Constructed with a GRP hull and superstructure, the motor yacht has a beam of 5.76-metres and an interior volume of 78 GT. Accommodation onboard is arranged for up to four guests across eight well-appointed staterooms. Dedicated quarters are available for a crew of two, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, propelling her to a top speed of 39 knots and a cruising speed of 37 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> had a last known asking price of €3,700,000. Image courtesy of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.

25m Princess S78 motor yacht Alexandra II sold

The 25m Princess S78 motor yacht Alexandra II has been sold with a last known asking price of €3,700,000.

25m Princess motor yacht Alexandra II sold

<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has announced the sale of a <a data-gid="gid://syiq/Yacht/12830" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Grande 32/3632.0m (104'12&quot;)Azimut Yachts2025">2025 Azimut Grande 32 Metri</a>, with Roberto Borges representing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/361877/image/large-f01070af2377efd83b0702cec9441623.png" data-gid="gid://syiq/Photo/361877">The 32-metre flybridge yacht features 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 by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>. Meanwhile, she showcases a sculptural exterior profile designed by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>.With a volume of 212 GT, she accommodates up to 10 guests across five well-appointed staterooms. Onboard, guests can enjoy two beach clubs, a generous forward deck and seamless indoor-outdoor living and entertaining areas.The Azimut Grande 32 Metri has a beam of 7.3-metres and a shallow draft of 1.9-metres. 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, she cruises at 21 knots and reaches a top speed of 26.5 knots.

Azimut Grande 32/36 motor yacht sold

Marine Max has announced the sale of the Azimut Grande 32 Metri/36.

<a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a> has announced the appointment of Gianluca Magini as Yacht Broker. He brings more than 35 years of industry experience to the role.<img src="https://photo-assets.superyachttimes.com/photo/399630/image/large-60c4bafd1fb33034f3fce28e0d1cd9cf.png" data-gid="gid://syiq/Photo/399630">According to the company, Gianluca’s appointment will strengthen its presence across the Mediterranean. Introduced to the world of boating from an early age, he has built his entire career around the industry. He began his career with Ilver, where he gained hands-on experience through yacht refits, deliveries and participation in leading international boat shows.Moreover, Gianluca has been delivering yachts throughout the Mediterranean, particularly to Sardinia and Corsica since 1986. Through this experience, he was able to develop extensive technical expertise and nurture long-standing industry relationships. He later founded his own company in 2000, becoming an official Rodman dealer before going on to represent <a data-gid="gid://syiq/Company/79" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Platinum Yachts FZCO (Company)">Platinum Yachts</a>.Fluent in Italian, English, French and Spanish, Gianluca is currently based in Lavagna and is positioned to assist <a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting's</a> international clients.Photo courtesy of&nbsp;<a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a>.

Gianluca Magini Idea Yachting Yacht Broker

Idea Yachting has announced the appointment of Gianluca Magini as yacht broker.

Gianluca Magini joins Idea Yachting as Yacht Broker

The 40.05-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> has been sold. <a data-gid="gid://syiq/Company/2429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Yachting (Company)">Absolute Boat</a> introduced the buyer, while 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>, in a joint central agency with Matthew Ruane of <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright &amp; Partners</a>, represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/333378/image/large-949e06eb85c9e3662f392d4844bef3b4.png" data-gid="gid://syiq/Photo/333378"><a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> is the fourth hull in the Sunseeker 131 series and was delivered in 2016. She features three decks, with a sleek exterior and inviting interior, both designed by the British shipyard.Inside, her modern interiors are distinguished by floor-to-ceiling windows that illuminate satin-finished American walnut wall panels. A palette of silver and grey tones is complemented by Fendi furnishings. Her skylounge serves as a secondary social space, complete with a home cinema setup, a waterfall feature and a wet bar.With a volume of 342GT, <a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> accommodates up to 12 guests across five staterooms. Her layout comprises a full-beam master suite on the main deck and four guest suites on the lower deck. The sundeck features a custom bar, Jacuzzi and sunpads, while a private seating area is located on the bow.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, <a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> has a cruising speed of 18 knots and a top speed of 23 knots.&nbsp;She had a last known asking price of €11,995,000 at the time of her sale.Photo courtesy of&nbsp;<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.

Sunseeker yacht Aroha sold

The 40.05-metre Sunseeker motor yacht Aroha has been sold.

40m Sunseeker superyacht Aroha sold

The 24.6-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">Jr 28</a> has been listed on the market with Matt Palmer and Edoardo Turati 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>. Delivered in 2020, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is the final <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 77S ever delivered. <img src="https://photo-assets.superyachttimes.com/photo/399499/image/large-f25d9db87cb1487a4f7095ae1488818b.jpeg" data-gid="gid://syiq/Photo/399499">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> features exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeazzi Design (Company)">Galeazzi Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/399572/image/large-c8d297fa1d58e4e6aab2c47ca6dae062.jpg" data-gid="gid://syiq/Photo/399572" 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;">Constructed with a carbon fibre superstructure,&nbsp;<a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">Jr 28</a>&nbsp;is lightweight build with a sporty profile and the convertible Sport Fly configuration. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> has been privately owned since new, and has been maintained by a single owner.<img src="https://photo-assets.superyachttimes.com/photo/399552/image/large-23c395b161cf754e2fad53bc81d5aba9.jpg" data-gid="gid://syiq/Photo/399552" 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;"><img src="https://photo-assets.superyachttimes.com/photo/399523/image/large-30b541ae69b2df8f4369453df678e88e.jpg" data-gid="gid://syiq/Photo/399523">In terms of outdoor living, <a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">Jr 28</a> boasts an aft cockpit arranged for alfresco dining, while the Sport Fly houses a secondary helm station, lounge seating and sun pads. Forward, a spacious sunbathing area is complemented by generous lounge seating, while her hydraulic swim platform grants easy access to the water, and can accommodate a tender of up to 3.85-metres alongside a Jet Ski.<img src="https://photo-assets.superyachttimes.com/photo/399553/image/large-1985ae807023835aaf3528666542bc11.jpg" data-gid="gid://syiq/Photo/399553">Stepping inside, the <a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">yacht Jr 28 for sale</a> embraces a bright, contemporary interior by <a data-gid="gid://syiq/Company/436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeazzi Design (Company)">Carlo Galeazzi</a>, featuring soft neutral furnishings, dark wood cabinetry and light carpeting. Her open-plan main saloon leads to a formal dining area, while floor-to-ceiling windows introduce abundant natural light throughout her living spaces.<img src="https://photo-assets.superyachttimes.com/photo/399504/image/large-383ad92270926d8d12b90c4720e55a9f.jpg" data-gid="gid://syiq/Photo/399504" 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;"><img src="https://photo-assets.superyachttimes.com/photo/399577/image/large-cd7ef54ebe1d8d123dd1ba24801b568d.jpg" data-gid="gid://syiq/Photo/399577">With a beam of 5.5-metres and interior volume of 85 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> is arranged for up to nine guests across four well-appointed staterooms, including a full-beam owner's suite, a forward VIP stateroom and two twin guest staterooms, one of which features an additional Pullman berth. Moreover, separate quarters sleep up to three crew members. <img src="https://photo-assets.superyachttimes.com/photo/399509/image/large-7108f9e1dc5d6637293c8fbf18e88516.jpg" data-gid="gid://syiq/Photo/399509"><img src="https://photo-assets.superyachttimes.com/photo/399518/image/large-8f998c58354f2a1502901e3740c27192.jpg" data-gid="gid://syiq/Photo/399518">In terms of performance,<a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">&nbsp;Jr 28</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, delivering a cruising speed of 25 knots and a top speed of 35 knots. <img src="https://photo-assets.superyachttimes.com/photo/399569/image/large-75f6c9a0e3701ef51e707f3c27986a14.jpg" data-gid="gid://syiq/Photo/399569"><img src="https://photo-assets.superyachttimes.com/photo/399570/image/large-a3bcb6e6ff591da3387cf9dd1faa307c.jpg" data-gid="gid://syiq/Photo/399570">

24m Azimut motor yacht Jr 28 for sale

The 24m Azimut 77S motor yacht JR 28 is for sale with Northrop & Johnson. Delivered in 2020, she is the final Azimut 77S ever delivered. 


<a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> has announced the sale of the first 24-metre <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> yacht, representing the fifth new-build yacht sold by <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> in 2026. <img src="https://photo-assets.superyachttimes.com/photo/399606/image/large-c9fb59e8ec9db37d58d53bfff4a6fc75.jpg" data-gid="gid://syiq/Photo/399606">Conceived as a fully custom aluminium yacht, the <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> yacht combines lightweight construction with long-range cruising capabilities. She features interior and exterior design developed by Leonardo Cecchi of <a data-gid="gid://syiq/Company/6683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yellow Addition (Design Studio) (Company)">Yellow Addition</a> in collaboration with <a data-gid="gid://syiq/Company/8757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="3-Studio (Company)">3-Studio</a>.“The <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> represents another important step in the expansion of <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> into different market segments, while maintaining the same uncompromising standards of quality, craftsmanship and innovation that define every yacht we build,” explained Alessandro Tureddi, CEO of the <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Group</a>.Described by <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> as a contemporary platform, the <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> yacht is entirely customisable to her owner’s requirements. She offers generous interior and exterior spaces, high operational efficiency and flexibility without compromise.“I personally followed this project from its earliest stages, establishing a direct relationship with the client throughout the process,” added Tureddi. “Seeing that relationship evolve into another successful contract makes this achievement particularly meaningful.”Construction of the first <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> is progressing according to schedule, with delivery planned for spring 2027.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> has several yachts in-build including the first 36.7-metre <a data-gid="gid://syiq/Article/64820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Construction begins on first Tureddi Azzurra 36 superyacht (2025-11-21 18:00:00 +0100)">Azzurra 36 yacht</a>, the 27.7-metre Tureddi 92 yacht and the 27-metre <a data-gid="gid://syiq/Article/65732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First full custom Tureddi Yachts TD27 yacht sold (2026-03-30 09:30:00 +0200)">Tureddi TD27 yacht</a>.&nbsp;

Tureddi TD79: First yacht sold

Tureddi Yachts has announced the sale of the first 24-metre Tureddi TD79 yacht, with a delivery date of spring 2027.