Business
The Italian Sea Group has appointed KPMG to conduct an independent forensic due diligence review after identifying significant extra-budget costs across its order portfolio.
The update comes following the immediate resignation of Chairman Filippo Menchelli and Vice Chairman Marco Carniani last week, with The Board of Directors subsequently elected
Giovanni Costantino as Chairman by unanimous resolution.Read: The Italian Sea Group Chairman resigns; Giovanni Costantino elected as successor
On 2 March 2026, TISG stated that a preliminary internal analysis conducted by Chief Executive Officer Giovanni Costantino, together with external advisors, revealed expenditure in
excess of approved project budgets during the execution of certain contracts.
According to the Group, the overruns were made possible by a group of individuals who implemented a system designed to circumvent internal controls. The scope of those involved is
still being determined.
Among the individuals identified to date are certain senior executives who have declared responsibility for actions undertaken without the knowledge of the
Mon, 02 Mar 2026 | 10:30
New Launch
The third 79.8-metre Amels 80 yacht Project Zurich has been launched from the Damen Yachting facility in Vlissingen, The Netherlands.Construction on the Amels 80 yacht began in
2023, with the yacht seen for the first time in November 2024 when her hull was launched from the Damen Yachting facility in Galati, Romania, before she was transferred to the
Netherlands for outfitting.
Read: Hull of third Amels 80 superyacht launched and preparing for outfittingLike the first two hulls of the Amels Limited Editions 80 series, Pangea and Netto II, Project Zurich
features exterior design by Espen Øino International, with naval architecture by Damen Yachting.
Unlike her sisterships, Project Zurich boasts a bright custom interior by an award-winning interior design team, which remains confidential. “Launching our third Amels 80 marks an
important milestone for everyone involved,” commented Sander Peeters, Project Manager at Damen Yachting.
Project Zurich has simultaneously undergone outfitting alongside her sistership Netto II, which was launched last
Mon, 02 Mar 2026 | 16:45
Mergers & Acquisitions
British yacht builder Sunseeker is being acquired by private investment company KCP, according to independent broadcaster Sky News. The transaction is still subject to approval
under the UK government’s National Security and Investment Act, due to Sunseeker’s ownership and use of key marina sites, but it is expected that Sunseeker will introduce a new
leadership team.
Sources close to the deal indicate the Princess Yachts former Chairman Antony Sheriff is expected to be appointed as chairman, while Andres Rubio, the former Chief Executive of
credit management firm Intrum, will assume the role of Chief Executive Officer.
In December 2025, Andrea Frabetti stepped down from his role as Chief Executive Officer and Board Director at Sunseeker, with immediate effect by mutual agreement. The company
stated that they were “preparing for its next chapter of growth,” following the news in November 2025 that it would receive a new capital investment from its lenders, Cheyne
Capital and Cross Ocean
Mon, 02 Mar 2026 | 18:00
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Seychelles has long been one of the Indian Ocean’s most naturally spectacular cruising grounds: a destination defined by raw beauty, remote outer islands and a rare sense of
genuine expedition. Yet to become a mature superyacht destination, beauty alone is not enough, operational predictability, structured compliance pathways and disciplined
coordination must underpin the experience. For captains, managers and brokers, the question is always the same: can it be executed in a manner that is clean, safe, and predictable?
That is the space Uncharted Yachting is stepping into. Founded this year by Seychellois entrepreneur Mervyn Esparon, the agency is designed around one central idea: reducing
operational uncertainty through structured pre-arrival documentation, single-point accountability and disciplined shore-side execution, while elevating the guest experience
ashore.A business built around a captain’s reality
“Uncharted started with a captain’s reality in mind,” Mervyn explains. “A destination can be spectacular, but if it’s not predictable operationally, it becomes hard to plan, hard
to
Mon, 02 Mar 2026 | 12:30
Partner Content
Founded in 1967, Delta Marine is a family-owned shipyard located on the banks of Seattle’s Duwamish River. With more than five decades of naval architecture, engineering expertise
and hands-on craftsmanship behind it, the shipyard has evolved into America's leading builder of fully custom yachts.From its Pacific Northwest base, Delta has built a reputation
not through volume or visibility, but through consistency, delivering yachts engineered for serious cruising, long-term ownership and multi-generational service. Today, that
philosophy remains firmly intact as the shipyard enters a new chapter of openness and global collaboration.A legacy of shipbuilding
Founded by Ivor and Jack Jones, Delta Marine’s early years were defined by the construction of commercial and fishing vessels designed for the demanding waters of the Pacific
Northwest. Those projects established the technical foundation that still underpins the shipyard’s work today; an emphasis on structural integrity, practical engineering and
craftsmanship that prioritises longevity over trends.
That heritage continues to inform Delta’s modern
Tue, 24 Feb 2026 | 15:30
Partner Content
For more than three decades, Begüm Doğulu has worked quietly yet decisively behind the scenes of Türkiye’s superyacht industry, shaping the frameworks, standards and international
relationships that now define it. As Founder and CEO of Begüm Yachting and the wider Begüm Group of Companies, she has played a pivotal role in transforming Türkiye from a
desirable cruising destination into a fully integrated, globally competitive superyacht ecosystem.
Doğulu’s path into yachting was never conventional. With varying academic foundations ranging from art to business to becoming a licensed tour guide, her multidisciplinary
background has become one of her greatest strengths, allowing her to approach yacht tourism not simply as a service industry but as a complex economic and experiential
system.Building a national superyacht brand
Begüm Doğulu has worked hard to help elevate the Turkish yachting industry to international standards. Not only that but she has helped ease the clearance and arrival processes for
foreign-flagged vessels to cruise in
Mon, 23 Feb 2026 | 10:00
Partner Content
In a market where genuine choice above 100 metres remains exceptionally rare, Mar occupies a rare and compelling position. Delivered by Benetti in 2020, the 107-metre superyacht
represents a remarkable achievement in Italian yacht building, with her elongated silhouette and clean exterior lines. Currently Mar is for sale with BehneMar, an exclusive yacht
consultancy agency located in Monaco and Dubai, unique for their incredibly discreet and confidential approach.
The company, founded by the very passionate Dr. Rainer Behne, takes pride in their way of working, “we’ve been around for 20 years, you must somehow remain unique… I believe it is
our silent approach which sets us apart. We don’t utter a word about our anything: sales, clients, nor intentions”. Yet more than that, BehneMar is very much a family office “the
term ‘family’ describes us well,” Dr. Behne notes.Built to bring together
With a gross tonnage of 3,900, a volume typically associated with far larger
Mon, 23 Feb 2026 | 09:00
Partner Content
Edmiston has entered a defining new chapter in the evolution of its Yacht Management division, unveiling a strengthened leadership structure designed to enhance operational
excellence while remaining firmly rooted in its long-standing clients-first philosophy.With Shelley Dowie appointed Head of Yacht Management and Piers Flood taking on the role of
Head of Fleet Operations, the brokerage is reinforcing its commitment to structured growth, technical rigour and personalised service across its managed fleet. Supporting them are
Deputy Head of Yacht Management Timon Fisher and Senior Fleet Operations Manager/DPA & CSO Orry Crews, forming a senior team that combines seagoing experience, shore-based
expertise and strategic oversight.
This leadership development forms part of a broader internal expansion, including the establishment of a new centralised office in Southampton, complementing existing Yacht
Management hubs in London and Monaco. The three-location network is designed to ensure seamless coordination and consistent premium service delivery across an expanding global
fleet.Leadership shaped by experience at sea
Wed, 18 Feb 2026 | 15:00
Partner Content
As Moonen Yachts begins construction on the tenth hull of its Moonen 122 Martinique, the milestone offers more than a numerical achievement. It represents a moment of reflection
and refinement for a platform that has steadily matured into one of the Dutch yard’s most assured offerings. Now in its tenth iteration, the 37.4-metre fast-displacement yacht
demonstrates how continuity, collaboration and considered interior design can elevate a proven series without losing its identity.At the heart of that evolution sits Moonen’s
collaboration with Vripack Yacht Design. The Dutch studio, responsible for the interiors of the 122 Martinique, approaches the tenth hull not as a reinvention, but as a natural
continuation of a design philosophy rooted in usability, longevity and emotional connection to life on the water.
For Marnix Hoekstra, co-creative director at Vripack, interiors begin not with materials or colour palettes, but with the people who will inhabit the yacht. “We always start with
understanding how people
Mon, 09 Feb 2026 | 11:00
Partner ContentSee All
Partner Content
Seychelles has long been one of the Indian Ocean’s most naturally spectacular cruising grounds: a destination defined by raw beauty, remote outer islands and a rare sense of
genuine expedition. Yet to become a mature superyacht destination, beauty alone is not enough, operational predictability, structured compliance pathways and disciplined
coordination must underpin the experience. For captains, managers and brokers, the question is always the same: can it be executed in a manner that is clean, safe, and predictable?
That is the space Uncharted Yachting is stepping into. Founded this year by Seychellois entrepreneur Mervyn Esparon, the agency is designed around one central idea: reducing
operational uncertainty through structured pre-arrival documentation, single-point accountability and disciplined shore-side execution, while elevating the guest experience
ashore.A business built around a captain’s reality
“Uncharted started with a captain’s reality in mind,” Mervyn explains. “A destination can be spectacular, but if it’s not predictable operationally, it becomes hard to plan, hard
to
Mon, 02 Mar 2026 | 12:30
Partner Content
Founded in 1967, Delta Marine is a family-owned shipyard located on the banks of Seattle’s Duwamish River. With more than five decades of naval architecture, engineering expertise
and hands-on craftsmanship behind it, the shipyard has evolved into America's leading builder of fully custom yachts.From its Pacific Northwest base, Delta has built a reputation
not through volume or visibility, but through consistency, delivering yachts engineered for serious cruising, long-term ownership and multi-generational service. Today, that
philosophy remains firmly intact as the shipyard enters a new chapter of openness and global collaboration.A legacy of shipbuilding
Founded by Ivor and Jack Jones, Delta Marine’s early years were defined by the construction of commercial and fishing vessels designed for the demanding waters of the Pacific
Northwest. Those projects established the technical foundation that still underpins the shipyard’s work today; an emphasis on structural integrity, practical engineering and
craftsmanship that prioritises longevity over trends.
That heritage continues to inform Delta’s modern
Tue, 24 Feb 2026 | 15:30
Partner Content
For more than three decades, Begüm Doğulu has worked quietly yet decisively behind the scenes of Türkiye’s superyacht industry, shaping the frameworks, standards and international
relationships that now define it. As Founder and CEO of Begüm Yachting and the wider Begüm Group of Companies, she has played a pivotal role in transforming Türkiye from a
desirable cruising destination into a fully integrated, globally competitive superyacht ecosystem.
Doğulu’s path into yachting was never conventional. With varying academic foundations ranging from art to business to becoming a licensed tour guide, her multidisciplinary
background has become one of her greatest strengths, allowing her to approach yacht tourism not simply as a service industry but as a complex economic and experiential
system.Building a national superyacht brand
Begüm Doğulu has worked hard to help elevate the Turkish yachting industry to international standards. Not only that but she has helped ease the clearance and arrival processes for
foreign-flagged vessels to cruise in
Mon, 23 Feb 2026 | 10:00
Partner Content
In a market where genuine choice above 100 metres remains exceptionally rare, Mar occupies a rare and compelling position. Delivered by Benetti in 2020, the 107-metre superyacht
represents a remarkable achievement in Italian yacht building, with her elongated silhouette and clean exterior lines. Currently Mar is for sale with BehneMar, an exclusive yacht
consultancy agency located in Monaco and Dubai, unique for their incredibly discreet and confidential approach.
The company, founded by the very passionate Dr. Rainer Behne, takes pride in their way of working, “we’ve been around for 20 years, you must somehow remain unique… I believe it is
our silent approach which sets us apart. We don’t utter a word about our anything: sales, clients, nor intentions”. Yet more than that, BehneMar is very much a family office “the
term ‘family’ describes us well,” Dr. Behne notes.Built to bring together
With a gross tonnage of 3,900, a volume typically associated with far larger
Mon, 23 Feb 2026 | 09:00
Partner Content
Edmiston has entered a defining new chapter in the evolution of its Yacht Management division, unveiling a strengthened leadership structure designed to enhance operational
excellence while remaining firmly rooted in its long-standing clients-first philosophy.With Shelley Dowie appointed Head of Yacht Management and Piers Flood taking on the role of
Head of Fleet Operations, the brokerage is reinforcing its commitment to structured growth, technical rigour and personalised service across its managed fleet. Supporting them are
Deputy Head of Yacht Management Timon Fisher and Senior Fleet Operations Manager/DPA & CSO Orry Crews, forming a senior team that combines seagoing experience, shore-based
expertise and strategic oversight.
This leadership development forms part of a broader internal expansion, including the establishment of a new centralised office in Southampton, complementing existing Yacht
Management hubs in London and Monaco. The three-location network is designed to ensure seamless coordination and consistent premium service delivery across an expanding global
fleet.Leadership shaped by experience at sea
Wed, 18 Feb 2026 | 15:00
Partner Content
As Moonen Yachts begins construction on the tenth hull of its Moonen 122 Martinique, the milestone offers more than a numerical achievement. It represents a moment of reflection
and refinement for a platform that has steadily matured into one of the Dutch yard’s most assured offerings. Now in its tenth iteration, the 37.4-metre fast-displacement yacht
demonstrates how continuity, collaboration and considered interior design can elevate a proven series without losing its identity.At the heart of that evolution sits Moonen’s
collaboration with Vripack Yacht Design. The Dutch studio, responsible for the interiors of the 122 Martinique, approaches the tenth hull not as a reinvention, but as a natural
continuation of a design philosophy rooted in usability, longevity and emotional connection to life on the water.
For Marnix Hoekstra, co-creative director at Vripack, interiors begin not with materials or colour palettes, but with the people who will inhabit the yacht. “We always start with
understanding how people
Mon, 09 Feb 2026 | 11:00
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Photo of the day
Observed recently cruising here in Gibraltar was the 82.3-metre classic superyacht Talitha, one of the most iconic vintage yachts still active today. Originally designed by Cox &
Stevens in 1927 and launched in 1930 by German shipyard Krupp Germaniawerft, Talitha has enjoyed a storied history spanning nearly a century. She was acquired by the late Paul
Getty in 1988 and subsequently underwent major refits in the 1990s, with Jon Bannenberg overseeing her celebrated redesign. Distinguished by her twin funnels, canoe stern and
unmistakable Art Deco character, Talitha blends period elegance with modern comfort. Onboard, she features a cinema lounge, gym and updated entertainment systems, while also
carrying a selection of classic tenders. Accommodation is arranged for up to 12 guests across six staterooms, supported by a crew of 17. Powered by twin Caterpillar engines,
Talitha cruises at 13 knots and reaches a top speed of 14.6 knots.
If you would like to see your photo
Mon, 02 Mar 2026 | 08:00
Spotted this Monday docked in Nice, France, was the 34.16-metre motor yacht Stradivarius. Delivered in 2023 by Italian shipyard Sanlorenzo, Stradivarius forms part of the yard’s
SX112 series. Her exterior styling was developed by Zuccon International Project, with naval architecture completed in-house by Sanlorenzo. Characterised by her wide stern and open
aft configuration, the SX112 platform prioritises seamless indoor-outdoor living, with expansive deck spaces and a generous beach area. Accommodation is arranged for up to 10
guests across five staterooms, supported by ca crew of five. Powered by four Volvo Penta engines with pod propulsion, Stradivarius reaches a top speed of 23 knots and cruises
comfortably at 20 knots. She is currently for sale with Camper & Nicholsons, with an asking price of €16,900,000.
If you would like to see your photo featured each day, then send your submissions to [email protected]
Fri, 27 Feb 2026 | 08:00
Last weekend, the 133.9-metre superyacht Serene was seen cruising here in Gibraltar, following an extensive five-month refit at the Damen Shiprepair & Conversion facility in the
Netherlands. Serene was delivered by Fincantieri Yachts in 2011 and is among the largest yachts of her era, with exterior design by Espen Øino International and interiors by
Reymond Langton Design, with later refit updates by Luca Dini Design & Architecture. Spanning seven decks, the 8,230 GT yacht accommodates up to 24 guests across 12 staterooms,
supported by a crew of 52. Her standout features include two helicopter landing pads with a hangar, a large seawater swimming pool capable of housing service craft, and dedicated
storage for a submarine, alongside expansive garage and beach club areas at the stern. Performance-wise, Serene is powered by eight MTU 16V 4000 M40 diesel engines, providing her
with a combined 22,624 horsepower. Take a look at Serene’s arrival in Gibraltar here.
If you
Thu, 26 Feb 2026 | 08:00
Spotted recently cruising in Guanacaste, Costa Rica, was the 62-metre explorer yacht Anawa. Delivered in 2020 by Damen Yachting as part of the SeaXplorer range, the 1,886 GT
superyacht features a custom design by Azure Yacht Design & Naval Architecture, while her interiors were created by Carlo Torre of Monaco Yacht Temptation. Her distinctive
sage-green hull, paired with a contrasting light superstructure, reinforces her purposeful expedition profile. Built to Polar Class standards, Anawa was conceived for serious
exploration, offering up to 30 days of autonomous cruising. She is equipped with two generous tender garages, a dedicated dive store and a certified helipad, underscoring her
expedition credentials. Accommodation is arranged for up to 12 guests across four decks, supported by a crew of up to 20, combining rugged capability with refined onboard comfort
suited to extended time at sea.
If you would like to see your photo featured each day, then send your submissions to [email protected]
Wed, 25 Feb 2026 | 08:00
Seen last Saturday docked here in Gibraltar was the 86.11-metre superyacht Quattroelle, fresh from completing an extensive five-month refit in Cartagena, Spain. Delivered in 2013
by Lürssen, Quattroelle was styled inside and out by Nuvolari Lenard, pairing a sporty silhouette with warm, detail-rich interiors. Carrying an Italian name said to reference the
“four Ls”, Love, Life, Liberty and Luxury, the six-deck yacht is arranged with standout amenities including a gym, spa, cinema and a helipad, while the sundeck Jacuzzi and a
generous beach club complete her outdoor line-up. Powered by twin Caterpillar 3516B diesel engines, the Cayman Islands-flagged yacht reaches a top speed of 17 knots and offers a
cruising range of 4,500 nautical miles. Get a closer look at Quattroelle’s visit here.
If you would like to see your photo featured each day, then send your submissions to [email protected].
Tue, 24 Feb 2026 | 08:00
Spotted recently anchored in Fort-de-France, Martinique, was the 37.11-metre motor yacht Oculus. Delivered in 2024 by Numarine as part of its 37XP series, the compact explorer
pairs a bold exterior by Can Yalman with naval architecture by Umberto Tagliavini - Marine Design & Services and highly customised interiors by Hot Lab. Characterised by her
towering bow and trawler-style windows, Oculus was conceived for long-range cruising, blending rugged capability with contemporary styling. The 362 GT yacht accommodates up to 12
guests across six staterooms, including a forward main deck master suite distinguished by an acrylic feature wall with a jellyfish motif. Powered by twin MAN diesel engines, Oculus
can reach a top speed of 14 knots.
If you would like to see your photo featured each day, then send your submissions to [email protected].
Mon, 23 Feb 2026 | 08:00