Article image for Gulf Craft to open new yacht service facility...
Investments & Expansions
UAE yacht builder Gulf Craft has announced plans to open a new services facility in Ajman, which is set to be operational by the end of the year.The 108,000 square-foot facility aims to meet the increasing demand for superyacht servicing capabilities within the region, providing a significant addition to the UAE's yachting infrastructure. Designed to accommodate a range of vessel maintenance needs, the facility includes a natural water depth of eight-metres and features a 600-ton Cimolai travel lift, capable of handling larger yachts up to 600 tons.  For smaller vessels, an additional 75-ton lift is available, with the site also equipped with an 80-metre berth for in-water repairs on larger yachts and four berths of 60 metres each, offering ample docking space.The new facility is equipped with specialised workshops for carpentry, upholstery, painting, mechanical, and electrical services, supported by an on-site spare parts shop. Gulf Craft has also confirmed that vessel registration services will be
Fri, 08 Nov 2024 | 11:30
Article image for 31m Persico sailing yacht Magic Carpet e laun...
New Launch
The 30.48-metre Persico sailing yacht Magic Carpet e is has been launched, after successfully completing a technical pre-launch at Persico’s La Spezia shipyard. Magic Carpet e’s name stems from a naming tradition inspired by Sir Lindsey Owen-Jones' previous yachts, which include the 24.59-metre Wally yacht J-One (ex Magic Carpet), the 28.54-metre Wally yacht Magic Blue (ex Magic Carpet II) and the 30.48-metre Wally yacht Tilakkhana II (ex Magic Carpet 3).“At the heart of this legacy is Sir Lindsay Owen-Jones, whose passion and vision have shaped a series of yachts that continuously redefine performance on the water combined with comfort and styling,” Persico Marine explained.  Due to be delivered in the spring of next year, the sailing yacht features naval architecture crafted by French naval architect Guillaume Verdier Architecture Navale.  “More than two decades after the first Magic Carpet set sail, Sir Lindsay has embarked on a new chapter together with Persico Marine, whose high-performance
Fri, 08 Nov 2024 | 12:30
Article image for LVMH reportedly interested in acquiring Riva ...
Mergers & Acquisitions
According to reports from local Italian media, the French luxury conglomerate LVMH led by Bernard Arnault is exploring the acquisition of the Riva brand from the Ferretti Group.Founded in 1842 by Pietro Riva in the small town of Sarnico, Riva became part of the Ferretti Group in May 2000.Bernard Arnault's involvement in the yachting industry is well-established. LVMH acquired Royal Van Lent in 2008. That same year, L Capital, an investment group under the LVMH umbrella, purchased a 75 percent stake in Princess Yachts. Princess Yachts was later sold in 2023 to KPS Capital Partners, a US-based private equity firm.SuperYacht Times has reached out to Ferretti Group for comment and will continue to monitor the situation, providing updates as developments occur
Fri, 08 Nov 2024 | 13:00

Latest

Partner Content

Thumbnail for /yacht-news/lithium-ion-battery-hazards-and-yacht-insurance
Sponsored
Lithium-ion batteries’ role in yachting is growing. They offer superyachts a lightweight, efficient solution for powering everything from personal watercraft and tenders to e-bikes, phones, tablets, tools, toys, and appliances onboard. However, the surge in adoption comes at a potentially steep cost: a rise in catastrophic fires on luxury vessels, with substantial insurance implications, according to Scott Stamper, Managing Director National Marine Practice, for US- based insurance brokerage Risk Strategies. Recent incidents, like the total loss of a 47-metre yacht in the Bay of Olbia due to a lithium-ion battery fire, highlight the devastating consequences of thermal runaway. These incidents also showcase the dangers posed by seemingly innocuous equipment and unsafe charging practices — a bicycle battery fire aboard the 46.7-metre Heesen superyacht Atina and another on the Delta Yacht in the Bahamas led to total losses.The yachting industry is at a crossroads, Stamper says. “Action must be taken to protect mega yachts and
Fri, 01 Nov 2024 | 14:15
Thumbnail for /yacht-news/superyachts-zexplorer-and-bravado-on-the-market
Sponsored
Over recent years, superyacht owners have been seeking out yachts with more impressive capabilities to enable true oceanic exploration. Fraser yacht brokers Antoine X. Larricq and Georges Bourgoignie are now bringing two yachts to the market that offer exactly that; tried and tested ocean capabilities, combined with an impressive maintenance history. Here we take a look at the 40.6-metre Newcastle Marine explorer superyacht Zexplorer, launched in 2013 and refit in 2020-22; and the 44.9-metre Abeking & Rasmussen superyacht Bravado, launched in 2004 and refitted 2016/2021/2024. Newcastle Marine 41m Zexplorer Presented by Antoine X. Larricq and Georges Bourgoignie from Fraser Yachts, Zexplorer represents a unique offering on the market, as a rugged and tested ocean explorer with an impressive cruising record and solid charter reputation. Originally delivered in 2013 by American yacht builder Newcastle Marine Shipyards, Zexplorer underwent a significant technical and cosmetic refit between 2020-2022 at Derecktor Shipyards in Dania, Florida. This comprehensive upgrade has
Thu, 31 Oct 2024 | 15:15
Thumbnail for /yacht-news/interview-with-leapher-yachts
Sponsored
In the ever-evolving world of luxury yacht building, Leapher Yachts emerges as a pioneer, redefining the boundaries of exploration and opulence on the high seas. The company is making waves with its innovative, robust explorer yachts designed for the most discerning adventurers.SuperYacht Times sat down with Founder Yiannis Andriotis and key team members to delve into the vision behind Leapher Yachts, their unique approach to yacht building, and what sets them apart in a competitive market.The Vision Behind Leapher Yachts What was the concept behind creating this new shipyard and building such a unique first yacht? Yiannis Andriotis: "As a former professional sailor and yacht owner, I’ve always believed yachting should push beyond traditional limits. As an owner, I experienced the constraints of certain designs firsthand. When discussing this with a friend, who became the client for our first 61-meter project, we shared a vision to create something different, both in design and approach. It's easy to
Thu, 31 Oct 2024 | 09:00
Thumbnail for /yacht-news/oceanco-custom-yacht-construction
Sponsored
Oceanco has earned a reputation for crafting some of the world’s most remarkable superyachts, but it’s the Dutch shipyard’s unique approach to customisation that truly sets it apart. With each project, Oceanco adapts to the motivations and needs of the owner, ensuring that their vision comes to life not only during the build but also long after delivery. This philosophy has driven Oceanco to redefine its range of custom yacht solutions – Simply Custom, Full Custom, and Beyond Custom – providing owners with the freedom to craft their perfect yachting experience. Coupled with its Life Cycle Support services, Oceanco is dedicated to building and maintaining yachts that evolve alongside their owners’ desires and the latest advancements in technology. A custom journey for every owner  Oceanco’s new range of custom solutions reflects a dynamic understanding of the varied desires among yacht owners. These offerings include: Simply Custom – streamlined luxury Understanding that time is a luxury in itself,
Wed, 30 Oct 2024 | 17:45
Thumbnail for /yacht-news/custom-yacht-build-at-dunya
Sponsored
Dunya Yachts has solidified its reputation for delivering world class standards of craftsmanship and customisation with the launch of the 46.7-metre explorer yacht, King Benji earlier this year. Making a strong debut on the yachting scene, King Benji has already made waves at the MYBA Charter Show and the Monaco Yacht Show, and she is now poised to be one of the highlights at the upcoming Fort Lauderdale International Boat Show (FLIBS). Built to exacting standards, this vessel exemplifies Dunya's commitment to bespoke yacht building, earning admiration from industry insiders and yachting enthusiasts alike.A bold vision brought to life  The owner of King Benji set out with a clear vision, "I wanted the most fun explorer yacht ever, with a crazy interior, and the finishings of a $100-million mansion... so that's what we built," he remarked. Achieving this level of customisation required a specialised shipyard with both the facilities and expertise to turn such
Mon, 28 Oct 2024 | 13:30
Thumbnail for /yacht-news/spain-with-evolution-yacht-agents
Sponsored
As the Mediterranean yachting season winds down once more, Spain continues to make its mark as an increasingly popular winter destination for superyachts, offering not only ideal weather but also world-class refit facilities. To explore Spain's appeal, we spoke with Kerry Allerton and Xisco Notario of Evolution Yacht Agents, who outlined the many advantages the country offers to both yachts and crew during the winter season.Supporting owners and crew year-round Evolution plays a pivotal role in ensuring that yachts docked in Spanish marinas during the off-season enjoy a productive, safe and good value stay, whatever their work list and budget may be. As a full-service yacht agency, supply and service company, they provide comprehensive support to management and crew, with services ranging from contractor coordination, crew accommodation, transport, medical assistance and general crew services as well as Interior, Galley, Deck and Engineering supply.  Winter in Spain is markedly different from the busy cruising months of
Fri, 25 Oct 2024 | 12:30

Partner Content

Thumbnail for /yacht-news/lithium-ion-battery-hazards-and-yacht-insurance
Sponsored
Lithium-ion batteries’ role in yachting is growing. They offer superyachts a lightweight, efficient solution for powering everything from personal watercraft and tenders to e-bikes, phones, tablets, tools, toys, and appliances onboard. However, the surge in adoption comes at a potentially steep cost: a rise in catastrophic fires on luxury vessels, with substantial insurance implications, according to Scott Stamper, Managing Director National Marine Practice, for US- based insurance brokerage Risk Strategies. Recent incidents, like the total loss of a 47-metre yacht in the Bay of Olbia due to a lithium-ion battery fire, highlight the devastating consequences of thermal runaway. These incidents also showcase the dangers posed by seemingly innocuous equipment and unsafe charging practices — a bicycle battery fire aboard the 46.7-metre Heesen superyacht Atina and another on the Delta Yacht in the Bahamas led to total losses.The yachting industry is at a crossroads, Stamper says. “Action must be taken to protect mega yachts and
Fri, 01 Nov 2024 | 14:15
Thumbnail for /yacht-news/superyachts-zexplorer-and-bravado-on-the-market
Sponsored
Over recent years, superyacht owners have been seeking out yachts with more impressive capabilities to enable true oceanic exploration. Fraser yacht brokers Antoine X. Larricq and Georges Bourgoignie are now bringing two yachts to the market that offer exactly that; tried and tested ocean capabilities, combined with an impressive maintenance history. Here we take a look at the 40.6-metre Newcastle Marine explorer superyacht Zexplorer, launched in 2013 and refit in 2020-22; and the 44.9-metre Abeking & Rasmussen superyacht Bravado, launched in 2004 and refitted 2016/2021/2024. Newcastle Marine 41m Zexplorer Presented by Antoine X. Larricq and Georges Bourgoignie from Fraser Yachts, Zexplorer represents a unique offering on the market, as a rugged and tested ocean explorer with an impressive cruising record and solid charter reputation. Originally delivered in 2013 by American yacht builder Newcastle Marine Shipyards, Zexplorer underwent a significant technical and cosmetic refit between 2020-2022 at Derecktor Shipyards in Dania, Florida. This comprehensive upgrade has
Thu, 31 Oct 2024 | 15:15
Thumbnail for /yacht-news/interview-with-leapher-yachts
Sponsored
In the ever-evolving world of luxury yacht building, Leapher Yachts emerges as a pioneer, redefining the boundaries of exploration and opulence on the high seas. The company is making waves with its innovative, robust explorer yachts designed for the most discerning adventurers.SuperYacht Times sat down with Founder Yiannis Andriotis and key team members to delve into the vision behind Leapher Yachts, their unique approach to yacht building, and what sets them apart in a competitive market.The Vision Behind Leapher Yachts What was the concept behind creating this new shipyard and building such a unique first yacht? Yiannis Andriotis: "As a former professional sailor and yacht owner, I’ve always believed yachting should push beyond traditional limits. As an owner, I experienced the constraints of certain designs firsthand. When discussing this with a friend, who became the client for our first 61-meter project, we shared a vision to create something different, both in design and approach. It's easy to
Thu, 31 Oct 2024 | 09:00
Thumbnail for /yacht-news/oceanco-custom-yacht-construction
Sponsored
Oceanco has earned a reputation for crafting some of the world’s most remarkable superyachts, but it’s the Dutch shipyard’s unique approach to customisation that truly sets it apart. With each project, Oceanco adapts to the motivations and needs of the owner, ensuring that their vision comes to life not only during the build but also long after delivery. This philosophy has driven Oceanco to redefine its range of custom yacht solutions – Simply Custom, Full Custom, and Beyond Custom – providing owners with the freedom to craft their perfect yachting experience. Coupled with its Life Cycle Support services, Oceanco is dedicated to building and maintaining yachts that evolve alongside their owners’ desires and the latest advancements in technology. A custom journey for every owner  Oceanco’s new range of custom solutions reflects a dynamic understanding of the varied desires among yacht owners. These offerings include: Simply Custom – streamlined luxury Understanding that time is a luxury in itself,
Wed, 30 Oct 2024 | 17:45
Thumbnail for /yacht-news/custom-yacht-build-at-dunya
Sponsored
Dunya Yachts has solidified its reputation for delivering world class standards of craftsmanship and customisation with the launch of the 46.7-metre explorer yacht, King Benji earlier this year. Making a strong debut on the yachting scene, King Benji has already made waves at the MYBA Charter Show and the Monaco Yacht Show, and she is now poised to be one of the highlights at the upcoming Fort Lauderdale International Boat Show (FLIBS). Built to exacting standards, this vessel exemplifies Dunya's commitment to bespoke yacht building, earning admiration from industry insiders and yachting enthusiasts alike.A bold vision brought to life  The owner of King Benji set out with a clear vision, "I wanted the most fun explorer yacht ever, with a crazy interior, and the finishings of a $100-million mansion... so that's what we built," he remarked. Achieving this level of customisation required a specialised shipyard with both the facilities and expertise to turn such
Mon, 28 Oct 2024 | 13:30
Thumbnail for /yacht-news/spain-with-evolution-yacht-agents
Sponsored
As the Mediterranean yachting season winds down once more, Spain continues to make its mark as an increasingly popular winter destination for superyachts, offering not only ideal weather but also world-class refit facilities. To explore Spain's appeal, we spoke with Kerry Allerton and Xisco Notario of Evolution Yacht Agents, who outlined the many advantages the country offers to both yachts and crew during the winter season.Supporting owners and crew year-round Evolution plays a pivotal role in ensuring that yachts docked in Spanish marinas during the off-season enjoy a productive, safe and good value stay, whatever their work list and budget may be. As a full-service yacht agency, supply and service company, they provide comprehensive support to management and crew, with services ranging from contractor coordination, crew accommodation, transport, medical assistance and general crew services as well as Interior, Galley, Deck and Engineering supply.  Winter in Spain is markedly different from the busy cruising months of
Fri, 25 Oct 2024 | 12:30
Premium
SYT NewsletterA daily round-up of the latest yachting news delivered directly to your inbox.
Sign Up
Fleet Updates
Market

Photo of the day

Thumbnail for /yacht-news/superyacht-solaia-anchored-in-the-south-of-france
Observed two weeks ago anchored in the south of France is the 60-metre superyacht Solaia. Delivered in June 2024 as the fifth yacht from the Amels 60 Limited Edition series, Solaia showcases a unique exterior designed by Espen Øino, featuring signature geometric windows, while OLT Design crafted her interior, displaying natural elements, with a rich terracotta colour scheme accented by graphite tones. Named after the Italian term meaning “a place where the sun’s energy radiates", the motor yacht was created as a luxurious retreat, accommodating up to 12 guests, with the owner’s suite located on the main deck. Solaia also boasts one of the largest sundecks for her size at 162 square-metres, complete with a Jacuzzi with a swim-jet feature for six, a shaded alfresco dining area, and a bar. Her newer sistership, 21.12, was delivered just a month ago, read more about her here
Fri, 08 Nov 2024 | 08:00
Thumbnail for /yacht-news/superyacht-adamas-v-docked-in-aegina
Having just entered the market this week, the 65.25-metre superyacht Adamas V, built by Cantieri Navali Nicolini in 1987, was spotted docked here in Aegina last week, one of Greece's Saronic Islands. Originally commissioned as Al Menwar for the Qatari royal family, the vessel has undergone several ownership changes and refits, the latest in 2023. As the largest yacht built by the Italian shipyard, the 986 GT yacht's interior, designed by Claudio Zampetti, accommodates up to 12 guests across six staterooms. Powered by twin MTU engines, Adamas V achieves a top speed of 20 knots and boasts a cruising range of 5,200 nautical miles. Now available for sale with Fraser, learn more about her here
Thu, 07 Nov 2024 | 08:00
Thumbnail for /yacht-news/superyacht-tatoosh-anchored-in-antibes
Following the summer charter season, the 92.42-metre superyacht Tatoosh was recently spotted anchored off Antibes, South of France, as one of the last remaining superyachts in the area. Originally built in 2000 by Nobiskrug for a pioneering tech entrepreneur, Tatoosh completed a big refit in June 2024, maintaining her pristine condition. Kusch Yachts and Studio Yacht designed her naval architecture and exterior, while Terence Disdale crafted her interior, mixing neutral tones with suede and wood accents.  Designed for independent travel and self-sufficiency in remote areas, the 3,229 GT yacht is fully equipped for comfort and luxury, including two helipads, a massage room, and a unique heated counter-flow pool with a movable floor that transforms into a dance floor. A highlight of Tatoosh is her observation lounge which offers 180-degree panoramic views and can be closed off to create a private apartment for ultimate seclusion. Tatoosh is available for charter, offering luxury escapes in the
Wed, 06 Nov 2024 | 08:00
Thumbnail for /yacht-news/superyacht-stardust-in-sint-maarten
Currently docked here in Sint Maarten, in the Caribbean, is the 62.5-metre superyacht Stardust, built by Amels in 2020. Part of the Amels Limited Edition 199 serie, the steel-hulled yacht showcases a custom design with a light grey hull and pristine white superstructure crafted by the designer Tim Heywood. Her interiors are the result of a creative collaboration between Laura Sessa and the Amels design team, offering accommodations for up to 12 guests, with two VIP suites on the bridge deck and a spacious sundeck featuring a Jacuzzi. The lower deck is equipped with a garage spacious enough to house two eight-metre tenders. In terms of performance, Stardust boasts a transatlantic range of 5,000 nautical miles at a cruising speed of 13 knots, with the ability to reach up to 16.5 knots. Close to her is the 60.96-metre superyacht Samadhi, built by Feadship in 2006.
Tue, 05 Nov 2024 | 08:00
Thumbnail for /yacht-news/superyacht-white-rabbit-docked-in-sydney
Observed recently docked here in Jones Bay Marina in Sydney, Australia, is the 84.04-metre superyacht White Rabbit. Delivered in 2018 by Echo Yachts, White Rabbit holds the distinction of being the world's largest trimaran, showcasing elegant exterior and interiors with a contemporary style crafted by designer Sam Sorgiovanni, while the naval architecture was handled by One2Three. With a substantial gross tonnage of 2,940 GT and an impressive 19-metre beam, White Rabbit provides ample space for up to 28 guests and a crew of 36. The Cook Islands-flagged yacht also excels in performance, equipped with a diesel-electric propulsion system that offers a comfortable cruising speed of 12 knots, a top speed of 19 knots, and a transatlantic range of 5,000 nautical miles
Mon, 04 Nov 2024 | 08:00
Thumbnail for /yacht-news/superyacht-mar-docked-in-cape-town
Spotted last Friday docked here in Cape Town, South Africa, is the 107-metre superyacht Mar. Delivered by Benetti in June 2020, Mar stands out as one the largest yachts ever constructed by the Italian shipbuilder. Her design was crafted entirely by Benetti, featuring warm neutrals and earth tones with rich materials like leather and onyx, with PierLuigi Ausonio overseeing her naval architecture. Previously named Lana, the 3,891 GT superyacht operates with a dedicated crew of 34 and comfortably hosts up to 16 guests across eight staterooms. Onboard, guests are treated to numerous amenities, including a spa, a tranquil zen area with a massage room, a beauty salon, a hammam, and a wet massage room, plus an eight-metre swimming pool. In terms of performance, Mar uses advanced diesel-electric engines by Rolls-Royce, enabling her to cruise comfortably at 16 knots and reach a top speed of 18 knots
Fri, 01 Nov 2024 | 08:00