Italy

Admiral

<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</a> has delivered the 50-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> semi-custom superyacht <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> following the completion of her sea trials earlier this year. <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> is the first of four <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 yachts, with the other units currently in-build.<img src="https://photo-assets.superyachttimes.com/photo/399727/image/large-45678aae56c29eba11394cc321dcb400.jpg" data-gid="gid://syiq/Photo/399727">As the first hull of the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 series, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> was first announced in September 2022 when <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</a> unveiled the Project Panorama concept where the yacht was revealed to be built in steel with an aluminium superstructure. In the third quarter of 2022, <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> had sold two of its Project Panorama superyachts, including <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> and the second hull of the series. Construction began later that year with the <a data-gid="gid://syiq/Article/56653" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral lays keel of first Panorama 50 superyacht (2022-12-28 10:15:00 +0100)">keel laying in December 2022</a>, before the yacht entered <a data-gid="gid://syiq/Article/59576" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First 50m Admiral semi-custom superyacht Panorama moves to outfitting (2024-01-25 11:30:00 +0100)">outfitting at the Marina di Carrara shipyard</a> in Italy in early 2024. She was subsequently launched in December 2025.Read more:&nbsp;<a data-gid="gid://syiq/Article/64891" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Admiral Yachts Panorama series motor yacht Spribe launched (2025-12-02 15:00:00 +0100)">50m Admiral Yachts Panorama series motor yacht Spribe launched</a><img src="https://photo-assets.superyachttimes.com/photo/395087/image/large-5929c8d246a7f987f769a1efb35737f0.jpg" data-gid="gid://syiq/Photo/395087">“The delivery of the first <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 marks a further evolution of the semi-custom segment,” explained Gianmaria Costantino, Chief Commercial Officer of <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</a>. “With this new line, <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> interprets the expectations of today’s owners through a yacht that combines an exceptional level of customisation, and the timeless elegance of Italian yacht-building tradition.”Designed inside and out by <a data-gid="gid://syiq/Company/6288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Piredda & Partners (Company)">Piredda &amp; Partners</a>, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> features naval architecture developed in-house by <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</a>. Constructed with a steel hull and aluminium superstructure, the yacht has a beam of 8.9-metres, a draft of 2.7 metres, and an interior volume remaining under the 500 GT threshold.The first hull in the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 series has been designed with an open layout where her interior and exterior areas flow into each other. In terms of outdoor living, she features a beach club fitted with a transparent-walled swimming pool flanked by folding balconies, broadening the range of waterside activities guests can enjoy.<img src="https://photo-assets.superyachttimes.com/photo/379896/image/large-8cbfa049272e685ed4d8eaecbbe381b3.jpg" data-gid="gid://syiq/Photo/379896">Stepping inside, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> embraces a contemporary interior design, where sandy beige tones are married to honey-coloured woods, and sweeping glazing that floods her living spaces with natural light. Further enriched by touches of navy blue and gold alongside sculptural details, her main saloon exudes a sense of calm and elegance.At an interior volume of 499 GT, accommodation onboard is arranged across seven staterooms. Her configuration comprises an owner's suite on the upper deck that benefits from 180-degree views and a private forward terrace, while an additional four guest staterooms are situated on the main deck, alongside her main saloon.Fold-down bulwarks on the aft section of the main deck significantly expand the usable exterior space, transforming the area into a highly versatile environment that can be adapted to the preferences of the owner and guests.<img src="https://photo-assets.superyachttimes.com/photo/399726/image/large-faf6525e3462a84758578e14608e89b1.jpg" data-gid="gid://syiq/Photo/399726">The lower deck of <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> includes a corridor which passes through the engine room to reach two aft guest staterooms; a solution typically found on larger yachts, enabling a more efficient use of the available interior volume.In terms of propulsion, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, propelling her to a top speed of 15 knots. She is ready to embark on her maiden Mediterranean season, before her official debut at the <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show 2026</a>.

Spribe: First 50m Admiral Panorama yacht delivered

TISG has delivered the 50m Admiral superyacht Spribe, the first hull in the Admiral Panorama 50 series, following her sea trials.

First 50m Admiral Panorama superyacht Spribe delivered

<img src="https://photo-assets.superyachttimes.com/photo/399605/image/large-16c4a04567bf5f9657a7cc3bc9c04438.jpg" data-gid="gid://syiq/Photo/399605" 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;">Spotted in Stavanger, Norway, was the 65-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht <a data-gid="gid://syiq/Yacht/7032" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Life Saga65.26m (214'1&quot;)Admiral2019">Life Saga</a>. According to AIS data, she is currently located in Bergen, Norway.Delivered in 2019, the 1,188 GT tri-deck yacht was commissioned by an experienced owner and was built by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> at its shipyard in Carrara, Italy. Following her delivery, she made her public debut at the <a data-gid="gid://syiq/Event/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2019">2019 Monaco Yacht Show</a> and was sold to an American owner in 2025.Penned by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral's</a> in-house naval architect <a data-gid="gid://syiq/Company/4563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gian Marco Companino Design (Company)">Gian Marco Campanino</a>, <a data-gid="gid://syiq/Yacht/7032" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Life Saga65.26m (214'1&quot;)Admiral2019">Life Saga</a> pairs sleek, angular exterior lines with interiors created by <a data-gid="gid://syiq/Company/2091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Berryman Design Ltd (Company)">Mark Berryman</a>. She is instantly recognisable by the distinctive break in her bulwarks amidships and double-height glazing. Accommodating up to 12 guests across six staterooms, the yacht is attended by a crew of 17.In terms of propulsion system, she is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a cruising speed of 14.5 knots and a top speed of 15.5 knots.<a data-gid="gid://syiq/Yacht/7032" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Life Saga65.26m (214'1&quot;)Admiral2019">Life Saga</a> is currently available for charter through <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>, with rates starting at €635,000 per week in Northern Europe for summer 2026. For the winter 2026/2027 season, she will be available in the Caribbean, Panama, Galapagos and Bahamas, with weekly rates starting at $655,000.

Admiral yacht Life Saga in Norway

Spotted in Rennesøy, Norway, was the 65-metre Admiral superyacht Life Saga. 

65m Admiral superyacht Life Saga in Norway

<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.

<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 

<img src="https://photo-assets.superyachttimes.com/photo/397665/image/large-7994956440ed0f9f14c2520a58e5fb1c.jpg" data-gid="gid://syiq/Photo/397665">The 55.2-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral Yachts</a> superyacht <a data-gid="gid://syiq/Yacht/10188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Star I55.2m (181'1&quot;)Admiral2023">Silver Star I</a> has been sold. Julia Skoptsova of <a data-gid="gid://syiq/Company/5144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Smart Yachts (Company)">Smart Yachts</a> introduced the buyer, while Jean-Claude Carme of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, together with <a data-gid="gid://syiq/Company/4841" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seawood Yachts (Company)">Seawood Yachts</a>, represented the seller.Delivered in 2024, she features naval architecture developed in-house by her builder, with bespoke interiors by <a data-gid="gid://syiq/Company/558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Armani/Casa (Company)">Armani/Casa</a> and <a data-gid="gid://syiq/Company/4563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gian Marco Companino Design (Company)">Gian Marco Companino Design</a>, the latter also responsible for her exterior design.<a data-gid="gid://syiq/Yacht/10188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Star I55.2m (181'1&quot;)Admiral2023">Silver Star I</a> can accommodate up to 12 guests across six well-appointed staterooms, including a full-beam VIP suite. Her main deck dining area seamlessly connects to the exterior decks through sliding glass doors, creating a fluid indoor-outdoor living experience. Additional onboard highlights include a beach club and a large multifunctional circular helipad. On the upper deck, guests can enjoy a Jacuzzi, bar, and lounge area.In terms of propulsion, she is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 16.5 knots and a top speed of 18 knots.At the time of sale, <a data-gid="gid://syiq/Yacht/10188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Star I55.2m (181'1&quot;)Admiral2023">Silver Star I</a> had a last known asking price of €29,990,000.Photo courtesy of <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral Yachts</a>.

Admiral yacht Silver Star I sold

The 55.2-metre Admiral Yachts superyacht Silver Star I has been sold

55m Admiral superyacht Silver Star I sold

The 28-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> motor yacht <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> has been sold, with <a data-gid="gid://syiq/Company/5145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wind Yachts (Company)">Wind Yachts</a> representing both the buyer and the seller.<img src="https://photo-assets.superyachttimes.com/photo/334603/image/large-3843056cae12b405587e0178075eb840.png" data-gid="gid://syiq/Photo/334603">Delivered in 1996 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a>&nbsp;features exterior and interior design by <a data-gid="gid://syiq/Company/6244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali di Lavagna (Company)">Cantieri Navali di Lavagna</a>. Meanwhile, her classic Italian naval architecture was developed in-house by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> has benefited from an extensive refit programme carried out throughout 2023 and 2024, preparing her for continued cruising following her delivery under her new ownership. She is set to be delivered in the Adriatic Sea ahead of the upcoming season.Constructed with an aluminium hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> has a beam of seven-metres and an interior volume of 150 GT. Accommodation onboard is arranged for up to 12 guests, alongside dedicated quarters for a crew of four, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 22 knots and a top speed of 29 knots. When cruising at a speed of 21 knots, she offers a range of 400 nautical miles.At the time of her sale, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> had a last known asking price of €1,400,000. Image provided courtesy of&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.

 28m Admiral motor yacht Vis sold

 The 28-metre Admiral motor yacht Vis has been sold with Wind Yachts and a last known asking price of €1,400,000.

This article was first published in the <a href="https://yachtchartermarket.com/" rel="noopener noreferrer" target="_blank" title="">Yacht Charter Market newsletter</a>.Before you even step onboard, <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> stands out from the crowd of white and blue hulled superyachts. Hers is a bronze hull stretching 55-metres, glittering under the Mediterranean sun. Delivered in 2025, this <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht entered the Mediterranean charter market in her year of delivery, and was a real attention grabber at this year’s <a data-gid="gid://syiq/Event/335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MYBA Charter Show - 2026">MYBA Charter Show</a> in Sanremo in late April, where I had the pleasure of stepping onboard, as well as enjoying a delicious al fresco lunch.<img src="https://photo-assets.superyachttimes.com/photo/389456/image/large-ef112c4eac27f4e46d7e61bec27f7c1f.jpg" data-gid="gid://syiq/Photo/389456">Designed for community funWhat immediately stands out about <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> is that she’s designed for bringing guests together. Stepping onboard, the beach club immediately stands out, with deck space large enough to lounge around, set up the water toys and dip your toes in the water, creating an easy connection to the sea. The upper foredeck mirrors the spacious and inviting feeling of the beach club, but this area comes with a touch-and-go helipad which also serves as an ideal dancefloor or sunbathing area. Another great spot for guests to come together is the upper deck aft, where guests can enjoy more sunbathing on the sun lounger sofa, or enjoy fine dining around the circular table featuring a lazy susan.&nbsp;The sundeck is an ideal space for guests who like to stay active whilst onboard. Featuring a swimming pool and sunbeds, the space can be transformed into an open-air gym with fabulous views. For those who prefer running on a treadmill, you’ll have to chase the Mediterranean blue from the indoor gym with sliding doors down by the beach club. <img src="https://photo-assets.superyachttimes.com/photo/395115/image/large-7c2e7570eb2f26bf98747c93a79afb0d.jpg" data-gid="gid://syiq/Photo/395115"><a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> has all the water toys that you’d expect of a 55-metre motor yacht, and provides multigenerational entertainment, whether snorkelling, wakeboarding or cruising around on a SeaBob. For those who love to explore the underwater world, <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> includes proper diving gear, and for those who like to go fast, there are jetskis, waterskis and a jetsurf onboard.<img src="https://photo-assets.superyachttimes.com/photo/395117/image/large-3cc1cbee5eb70b3c6f6228550b692d96.jpg" data-gid="gid://syiq/Photo/395117">A look insideAnother stand-out feature of <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> is her interior design. A unique colour scheme, including shades of black, white, purple and orange, decorates the saloon, located on the main deck. Broad glazing draws natural light deep into the room and reinforces a constant visual connection with the water. A curved deep-toned sofa forms the focal point of the space, softening the room’s otherwise linear framework and introducing a more sculptural note. Low tables, accent chairs and generous floor space create a setting that feels informal yet considered, allowing the saloon to function equally well for socialising and quieter moments onboard.<img src="https://photo-assets.superyachttimes.com/photo/389462/image/large-a128cc23ddffcb1837a854b198ebc2a5.jpg" data-gid="gid://syiq/Photo/389462">From here, the interior moves into the dining area, where the mood becomes more dramatic. A circular dining table sits beneath a large tiered chandelier, while an oval ceiling opening above adds height and a more pronounced architectural focal point. The dining area remains visually linked to the exterior, maintaining the spatial openness established in the saloon.<img src="https://photo-assets.superyachttimes.com/photo/395116/image/large-69a525a1d341aefae2f4b27821ebc617.jpg" data-gid="gid://syiq/Photo/395116">Able to accommodate 12 guests across six staterooms, the owner’s suite stretches full-beam and is located on the main deck. The bed forms the centre of the composition and looks out over large windows, which bring natural light into the space. A compact desk and seating area adds a practical layer, reinforcing the stateroom’s role as both private retreat and everyday living space. Decorated in pale upholstery, dark flooring and stone-effect finishes, the owner’s suite established a restrained palette, while mirrored ceiling panels heighten the sense of light and volume.The guest accommodation is located on the lower deck, and includes a VIP stateroom, two doubles and two twins; a sleeping arrangement that is well suited to cater to a broad range of charter groups, including families, friends, and multigenerational groups. Guests staying onboard <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> are cared for by a crew of 11, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/389465/image/large-356475cd12e2843acceca5208632f630.jpg" data-gid="gid://syiq/Photo/389465">Al fresco lunchA standout feature of <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> is her crew, and especially their chef. When settling down for an al fresco lunch on the upper deck aft, guests get a waft of whatever deliciousness is being cooked up in the kitchen. During <a data-gid="gid://syiq/Event/335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MYBA Charter Show - 2026">MYBA</a>, the chef treated the guests to a lunch that included homemade truffle potato chips, which rotated around the lazy susan in the centre, as well as a floral butter with fresh bread, before moving on to the four-course meal.&nbsp;Not only was the multi-course meal delicious, including a phenomenal steak accompanied by potato purée, and an incredible three-layer chocolate cake for dessert, including the <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> logo imprinted on a slab of chocolate. The tablescaping, too, was beautifully designed, including a large mixture of florals in the decorations, alluding to the city of Sanremo, which is known as the ‘City of Flowers’.Whether indulging in the chef’s creations, lounging on the beach club, or floating in the sundeck pool, time onboard <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> is time well spent. <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja2</a> is for charter with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.<img src="https://photo-assets.superyachttimes.com/photo/389455/image/large-432def60a3b8cec921991d12615b1732.jpg" data-gid="gid://syiq/Photo/389455">

Raja2: Designed to stand out

Step inside the bronze-hulled 55-metre superyacht Raja2

<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 announced plans to gradually increase activity across its shipyard operations, with the goal of returning to full operations in early June.In a statement issued today (27 May 2026), <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> stated that the shipyard's operational activities will be ‘progressively intensified’, amid the ongoing restructuring process. This follows last week’s announcement that the company’s share capital had fallen below the legal minimum.Read more: <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><img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">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>, the company aims to reach full operations, starting from the first ten days of June. They stated that a rebalancing process remains underway through previously identified strategic measures, with cash management and operational financial dynamics continuing to be monitored.CEO Giovanni Costantino confirmed that the restructuring process is being developed with the support of top-tier advisors, but also criticised certain trade union organisations, which he described as “superficial” and “provocative” to the situation.&nbsp;“Rather than working together constructively and contributing during such a crucial phase in the life of the company, figures are being cited at random with no understanding whatsoever of the actual business situation,” commented Giovanni Costantino.&nbsp;The company also provided updates on several key projects currently under construction, including the first unit of the new 49.95-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50M line, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a>, which recently completed sea trials and is scheduled for delivery in the first days of July, and the second hybrid unit, which will be launched in the first ten days of July, with delivery expected in September.Read more: <a data-gid="gid://syiq/Article/64891" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Admiral Yachts Panorama series motor yacht Spribe launched (2025-12-02 15:00:00 +0100)">50m Admiral Yachts Panorama series motor yacht Spribe launched</a><img src="https://photo-assets.superyachttimes.com/photo/379687/image/large-11f9a8770e46f4ce46a8fb5632b8a7c1.jpg" data-gid="gid://syiq/Photo/379687">Meanwhile, the 31-metre <a data-gid="gid://syiq/Article/64789" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First 31m Tecnomar for Lamborghini 101 yacht moves to outfitting (2025-11-17 15:45:00 +0100)">Tecnomar for Lamborghini 101</a> yacht is currently undergoing the final stages of carpentry works at the Group’s Turkish facilities before being transferred to Italy in mid-June for outfitting. Construction of an additional 88-metre project is also progressing to schedule, with the yacht expected to arrive in Italy in October for completion works.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> also confirmed progress on its larger custom projects, including recently signed 82-metre and 85-metre builds acquired at the end of 2025. Both projects are currently in the detailed design phase, with keel-laying ceremonies expected to take place between July and September at the Group’s facilities in Turkey.&nbsp;The company added that activities within its refit division have continued without interruption, with operations at <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">CELI 1920</a>, the Group’s interior and cabinetry division, progressing in line with planned schedules.In addition, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> confirmed that it will participate in the 2026 edition of the <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>, scheduled to take place this September.

The Italian Sea Group aims for full operations by June 

TISG has announced plans to gradually increase activity across its shipyard operations, with the goal of returning to full operations in early June.

The Italian Sea Group aims for full operations by June amid company restructuring

<a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a> has unveiled the first interior images of the 46.57-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> motor yacht <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a>, following an extensive refit in Greece. <img src="https://photo-assets.superyachttimes.com/photo/395063/image/large-824218241bd210f9285805c33bbe2f35.jpg" data-gid="gid://syiq/Photo/395063">Originally delivered in 2014 by <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</a>, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> features exterior design by <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a>, while her interior was penned by <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>, with naval architecture by <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>.<img src="https://photo-assets.superyachttimes.com/photo/395031/image/large-6915607b905990c456e3c72631f6cc67.jpg" data-gid="gid://syiq/Photo/395031">Named after the Greek word meaning “the blessed one,” <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> draws deeply from the luminous beauty of the Greek islands. “The vessel has undergone a complete rebirth,” explained <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>.<img src="https://photo-assets.superyachttimes.com/photo/395023/image/large-e27116897be38aed57e8ec08f56e1e43.jpg" data-gid="gid://syiq/Photo/395023">“She has emerged as a serene floating sanctuary, inspired by the timeless elegance of the Mediterranean. <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> redefines the language of contemporary yachting through a visionary approach to interior architecture, atmosphere, and experiential luxury.”<img src="https://photo-assets.superyachttimes.com/photo/395033/image/large-e40d731ac494e99a6ddb4122dbbdba49.jpg" data-gid="gid://syiq/Photo/395033"><a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a> approached the project with the philosophy of creating a private residence at sea, rather than a traditional yacht interior. Inspired by the crisp white architecture, warm golden light, and natural textures of coastal Greece, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> boasts a deeply intimate and effortlessly sophisticated atmosphere onboard.<img src="https://photo-assets.superyachttimes.com/photo/395041/image/large-fdfe1889625f39ea7d344d3ba49fdedb.jpg" data-gid="gid://syiq/Photo/395041"><img src="https://photo-assets.superyachttimes.com/photo/395043/image/large-0874976dbd5ac38d1605721acbf6c18d.jpg" data-gid="gid://syiq/Photo/395043"><a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> is adorned with linens, woven finishes, soft brushed metals, sculptural lighting and a neutral colour palette. The perception of space has also been taken into account, with proportion, texture and natural light used to create airy and expansive spaces. <img src="https://photo-assets.superyachttimes.com/photo/395047/image/large-adb0d8dc640afd876b7d3ec26fab336d.jpg" data-gid="gid://syiq/Photo/395047"><img src="https://photo-assets.superyachttimes.com/photo/395050/image/large-415d46e3a7d189ffcb24fd614132c0e3.jpg" data-gid="gid://syiq/Photo/395050"><a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> can accommodate up to 12 guests across five sumptuous staterooms, each of which has been conceived as a tranquil retreat, layered with soft textures, bespoke detailing and a warm contemporary elegance.<img src="https://photo-assets.superyachttimes.com/photo/395073/image/large-06e8b6292da7a2b1626a8cf0821c2d86.jpg" data-gid="gid://syiq/Photo/395073"><img src="https://photo-assets.superyachttimes.com/photo/395052/image/large-9a2d7276ea81527925ca65bb34ed59b0.jpg" data-gid="gid://syiq/Photo/395052"><img src="https://photo-assets.superyachttimes.com/photo/395058/image/large-dd9ca9e55d6a2104bf43ede7a03be0fd.jpg" data-gid="gid://syiq/Photo/395058">Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, providing her with a cruising speed of 15 knots and a transoceanic range of 6,000 nautical miles. <img src="https://photo-assets.superyachttimes.com/photo/395061/image/large-b04ec876caace722e7226a1b3da96681.jpg" data-gid="gid://syiq/Photo/395061"><img src="https://photo-assets.superyachttimes.com/photo/395054/image/large-592f4fdf9668bc04dd6529adc320687f.jpg" data-gid="gid://syiq/Photo/395054">Currently sailing beneath the Malta flag and moored in the crystalline waters of Greece, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> feels entirely at home within the Mediterranean landscape that inspired her rebirth. “<a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> is ultimately more than a superyacht,” concluded <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>.<img src="https://photo-assets.superyachttimes.com/photo/395070/image/large-d5fd60ac06ceeca62aed31ffb907a73d.jpg" data-gid="gid://syiq/Photo/395070"><img src="https://photo-assets.superyachttimes.com/photo/395072/image/large-d1244a592b73d2fc06fa401136bfdacc.jpg" data-gid="gid://syiq/Photo/395072">“It is a true icon reimagined and a testament to <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>’s ability to turn design into experience, and luxury into art.(Images courtesy of Bergman Design House.)<img src="https://photo-assets.superyachttimes.com/photo/395071/image/large-df0ae78007e217b8677b029e79934bfe.jpg" data-gid="gid://syiq/Photo/395071">

Axios: 47m Admiral yacht completes extensive refit

Bergman Design House has unveiled the first interior images of the 46.57-metre Admiral motor yacht Axios, following an extensive refit in Greece.

First look at 47m Admiral yacht Axios following extensive interior refit

The largest superyachts at Cannes Film Festival 2026

SuperYacht Times takes a closer look at some of the yachts currently in the region for the 2026 edition of the Cannes Film Festival 2026 in France. 

The largest superyachts in the region for the Cannes Film Festival 2026

The 34.57-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> motor yacht <a data-gid="gid://syiq/Yacht/1396" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ammiraglio34.57m (113'5&quot;)Admiral2003">Ammiraglio</a> has been sold. Nicola Ricci of <a data-gid="gid://syiq/Company/7365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Yachts World (Company)">My Yachts World</a> introduced the buyer, while Diego Cerasi of <a data-gid="gid://syiq/Company/9" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Valk Yacht Brokers (Company)">De Valk Yacht Brokers</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/392445/image/large-ba6c31d220c863d16af73ba494ff96fd.jpg" data-gid="gid://syiq/Photo/392445">She features naval architecture and exterior design by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral’s</a> in-house team, with interiors by <a data-gid="gid://syiq/Company/921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laura Baldoni de Gorga (Company)">Laura Baldoni de Gorga</a>. Delivered in 2003, she can accommodate up to 10 guests across a five-stateroom layout. Guests can make the most of her expansive foredeck and sundeck, both designed for relaxed days under the sun.In terms of propulsion system, she is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, providing her with a top speed of 23 knots.Photo courtesy of <a data-gid="gid://syiq/Company/7365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Yachts World (Company)">My Yachts World</a>.

Admiral yacht Ammiraglio sold

The 34.57-metre Admiral motor yacht Ammiraglio has been sold.

35m Admiral motor yacht Ammiraglio sold

MEDYs largest yachts attending


SuperYacht Times takes a closer look at the largest yachts set to attend MEDYs 2026.

Largest yachts attending the Mediterranean Yacht Show 2026

The 55.3-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> motor yacht <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> is for sale with Christopher Mosley of <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a> and Maël Fiolet of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>. <img src="https://photo-assets.superyachttimes.com/photo/389455/image/large-432def60a3b8cec921991d12615b1732.jpg" data-gid="gid://syiq/Photo/389455">Delivered in 2025 by the Italian shipyard, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> forms part of the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> 55 S-Force series. Constructed with an aluminium hull and superstructure, <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> has a beam of 8.6-metres, and a draught of 2.8-metres. <img src="https://photo-assets.superyachttimes.com/photo/389467/image/large-773a4a3cb8580800d6d9627975fe19a5.jpg" data-gid="gid://syiq/Photo/389467"><a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> features exterior and interior design by <a data-gid="gid://syiq/Company/4563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gian Marco Companino Design (Company)">Gian Marco Companino Design</a>, while her naval architecture was developed by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>. <img src="https://photo-assets.superyachttimes.com/photo/389458/image/large-1af12704434af0e3692f80469dd82f21.jpg" data-gid="gid://syiq/Photo/389458">Outside, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> presents a sleek metallic bronze exterior, with expansive outdoor living spaces designed with leisure and entertainment in mind, emphasising open-air luxury and flow between her decks. Across her tiered decks are dining areas for alfresco meals, lounge seating and sunpads to soak in the sunlight and the views. <img src="https://photo-assets.superyachttimes.com/photo/389466/image/large-988215f9389b0c2d130fa9736ed8cb4a.jpg" data-gid="gid://syiq/Photo/389466">Key features onboard <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> include a spacious beach club complete with gym facilities, a pool, and a touch-and-go helipad. Moreover, exemplifying the yacht’s seamless indoor-outdoor layout, her master suite includes an exclusive private balcony. <img src="https://photo-assets.superyachttimes.com/photo/389457/image/large-43e87e5c0518c847a4d5bf960a94406b.jpg" data-gid="gid://syiq/Photo/389457">Stepping inside, <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> features a bold design, with sculptural furnishings, ceiling details, and ambient lighting introducing depth to the space. <img src="https://photo-assets.superyachttimes.com/photo/389459/image/large-ca6d5bd5fc6a1626b5377e4105ed15d9.jpg" data-gid="gid://syiq/Photo/389459">Far from the typical neutral palette seen in modern yachts, her interior blends a contrasting colour scheme and materials such as her dark flooring, marble furnishings and rich upholstery. This aesthetic is further balanced by the abundance of natural light admitted via her floor-to-ceiling windows. <img src="https://photo-assets.superyachttimes.com/photo/389462/image/large-a128cc23ddffcb1837a854b198ebc2a5.jpg" data-gid="gid://syiq/Photo/389462">&nbsp;At an interior volume of 499 GT, accommodation onboard <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²</a> is arranged for up to 14 guests across six staterooms including a full-beam VIP stateroom, which serves as a second master suite, offering flexibility for the owner and guests. Additional sleeping quarters are available for a crew of 11, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/389465/image/large-356475cd12e2843acceca5208632f630.jpg" data-gid="gid://syiq/Photo/389465"><img src="https://photo-assets.superyachttimes.com/photo/389464/image/large-4b898f2bcf1c3b0295dd46174cfc5b83.jpg" data-gid="gid://syiq/Photo/389464"><img src="https://photo-assets.superyachttimes.com/photo/389470/image/large-de3b4697330376876f036cef1148783f.jpg" data-gid="gid://syiq/Photo/389470">In terms of performance, the <a data-gid="gid://syiq/Yacht/11832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raja²55.3m (181'5&quot;)Admiral2025">Raja²&nbsp;yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 16 knots and a top speed of 18 knots. <img src="https://photo-assets.superyachttimes.com/photo/389456/image/large-ef112c4eac27f4e46d7e61bec27f7c1f.jpg" data-gid="gid://syiq/Photo/389456" 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;"> All images provided courtesy of&nbsp;<a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a>.

55m Admiral superyacht Raja² for sale

The 55m Admiral superyacht Raja², delivered in 2025, is now for sale with Christopher Mosley of SuperYachtsMonaco.

myba charter show 2026 list of yachts

 SuperYacht Times presents a compilation of the yachts attending this year’s MYBA Charter Show in Sanremo, Italy.

Yachts attending the MYBA Charter Show 2026

PBIBS 2026 list of yachts

SuperYacht Times presents a compilation of the yachts attending this year’s Palm Beach International Boat Show.