France

Alberto Pinto

The Prime Minister of Antigua, Gaston Browne, has declared that the US has lifted its sanctions on the 82-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a>, enabling its potential sale.<img src="https://photo-assets.superyachttimes.com/photo/26819/image/large-e23757180549886d3a8917288858e85b.jpg" data-gid="gid://syiq/Photo/26819">&nbsp;The authorisation was announced during the National Assembly of Antigua and Barbuda on Sunday 21 May after the US Department of Treasury issued a licence which allowed “transactions that include but are not limited to, bidding on the purchase of the vessel; paying deposits; and providing financing, insurance, or funding in connection with the purchase.”<img src="https://photo-assets.superyachttimes.com/photo/268484/image/large-42e88e8474e4125149bc9685731f762e.jpeg" data-gid="gid://syiq/Photo/268484">Antigua and Barbuda's Ambassador to the United States of America, Sir Ronald Sanders said that while the licence permits the government of Antigua and Barbuda to proceed with the auction to sell the vessel, other matters, such as the formal delisting of <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a>, from the US Treasury’s Specially Designated Nationals and Blocked Persons (SDN) list, are still being pursued.<img src="https://photo-assets.superyachttimes.com/photo/268485/image/large-13b792f4320b26fff0056e4019c42818.jpeg" data-gid="gid://syiq/Photo/268485">“On May 18, the US Department of the Treasury issued licence No. RUSSIA-EO14024-2023-1060959-1, to the Government of Antigua and Barbuda, authorising persons licensed by the US Treasury to participate in the Government of Antigua and Barbuda auction of the vessel <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a>,” commented Sir Ronald Sanders.Read: <a data-gid="gid://syiq/Article/57074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Update: Bids entertained for abandoned 82m superyacht Alfa Nero (2023-04-06 10:30:00 +0200)">Update: Bids entertained for abandoned 82m superyacht Alfa Nero<img src="https://photo-assets.superyachttimes.com/photo/268487/image/large-ddef98a8e459479e6f2140c8d216a7d6.jpeg" data-gid="gid://syiq/Photo/268487"><img src="https://photo-assets.superyachttimes.com/photo/268483/image/large-2e227f9605b8cb8bd764782c3924da4e.jpeg" data-gid="gid://syiq/Photo/268483"></a>The owner of <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> is said to be on the sanction list issued by the US, the UK and the European Union, following the Russian invasion of Ukraine. <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> was ordered to stay in the country at the beginning of 2022, and has not been allowed to fuel and can only take on emergency supplies.<img src="https://photo-assets.superyachttimes.com/photo/268486/image/large-0319403cdbd6a4a18032d229abc2810b.jpeg" data-gid="gid://syiq/Photo/268486">In August 2022, security officials in Antigua and Barbuda conducted a search of <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a>. It was announced in a statement by Foreign Affairs Minister E.P. Greene, that the operation was led by officers of ONDCP, with support from the Police, the Defence Force and Customs.<img src="https://photo-assets.superyachttimes.com/photo/84285/image/large-152b2c43cd20092c4fd4ac30f6a9bcbb.jpg" data-gid="gid://syiq/Photo/84285"><img src="https://photo-assets.superyachttimes.com/photo/84283/image/large-05de92b437eefabe1523edf889939847.jpg" data-gid="gid://syiq/Photo/84283"><img src="https://photo-assets.superyachttimes.com/photo/84295/image/large-fdfafdcea1e7b5a2e20cbfc7aa9c7db9.jpg" data-gid="gid://syiq/Photo/84295">The superyacht has reportedly been in Falmouth Harbour, Antigua for nearly two years and according to the Antigua Observer, <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> has been costing the government $28,000 a week, not including food and the wages for the crew members.Read: <a data-gid="gid://syiq/Article/54694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Update on Russian yachts seized: US imposes sanctions on 89m Russian-owned superyacht Nirvana (2022-12-21 14:15:00 +0100)">Update on Russian yachts seized: 82m Alfa Nero searched in Antigua<img src="https://photo-assets.superyachttimes.com/photo/84289/image/large-7cf65094f9ef1d594510586a81c6d50c.jpg" data-gid="gid://syiq/Photo/84289"></a>Sir Ronald Sanders also commented “this entire process broke new ground; there were no rule books or patterns to follow. In this sense, much has been achieved by a small state.” <img src="https://photo-assets.superyachttimes.com/photo/84290/image/large-65cbe00ebecd25115df20c1b28919ad8.jpg" data-gid="gid://syiq/Photo/84290"><img src="https://photo-assets.superyachttimes.com/photo/84294/image/large-290998123199d82be0b140fac2a68b5e.jpg" data-gid="gid://syiq/Photo/84294">The <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>-built superyacht was launched in 2007 and sports an exterior by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a> and an interior curated by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>. <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> boasts 2,500 GT of volume and accommodation for 12 guests and 28 crew.<img src="https://photo-assets.superyachttimes.com/photo/84288/image/large-49a73b04ae3761415076e0fafa0af537.jpg" data-gid="gid://syiq/Photo/84288">

Antigua and Barbuda to auction 82m Alfa Nero superyacht

Antigua and Barbuda has been issued a licence by the US Department of Treasury allowing them to sell the 82m Russian-owned Alfa Nero superyacht.

Auction of 82m Russian-owned Alfa Nero superyacht confirmed

<img src="https://photo-assets.superyachttimes.com/photo/269725/image/large-8978652e5c9fd274e7148257603a11af.jpg" data-gid="gid://syiq/Photo/269725">Spotted here last weekend cruising in the city of Portsmouth, on England’s south coast is the 123.2-metre superyacht <a data-gid="gid://syiq/Yacht/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Odyssey123.2m (404'2&quot;)Lürssen Yachts2015">Golden Odyssey</a>. Built under the project name Tatiana, <a data-gid="gid://syiq/Yacht/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Odyssey123.2m (404'2&quot;)Lürssen Yachts2015">Golden Odyssey</a> was launched at the <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> shipyard in Lemwerder in 2015. With a volume of 7,690 GT, her timeless exterior is the work of <a data-gid="gid://syiq/Company/236" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francis Design (Company)">Francis Design</a> while <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> was selected to create the elaborate interior on board. Last year, <a data-gid="gid://syiq/Yacht/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Odyssey123.2m (404'2&quot;)Lürssen Yachts2015">Golden Odyssey</a> was arrested and sold in October 2021 for the largest sum ever fetched for a yacht in a judicial sale in Malta. Read more about it <a data-gid="gid://syiq/Article/56182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seized 123m Lürssen superyacht Golden Odyssey sold (2022-10-21 17:30:00 +0200)">here</a>.

Lürssen superyacht Golden Odyssey in Portsmouth

The 123m superyacht Golden Odyssey, built by Lürssen, is seen here cruising in Portsmouth, United Kingdom.

yachts to charter for the Cannes Film Festival 2023

Chartering a yacht during the Cannes Film Festival, taking place from 16 to 27 May 2023, is the best way to see Cannes come alive with glamour.

Yachts to charter for the Cannes Film Festival 2023: Sun, cinema and soirees

The fate of the 82m <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> has been sealed – she will be sold. After lying “abandoned” in Falmouth Harbour for more than a year with the marina footing the bill, the superyacht remains unclaimed. <img src="https://photo-assets.superyachttimes.com/photo/4164/image/large-98444dace1c501feb7836573453d19b8.jpg" data-gid="gid://syiq/Photo/4164">The public notice addressed to Guryev, offered a final 10 days to claim <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> before action was made to force her sale. The 10-day window came to a close last week and, according to Antique Observer, multi-million-dollar bids for the superyacht have already been entertained by the Gaston Browne-led administration. Some, apparently, have been close to the $80,000,000 mark.&nbsp;The Antique Observer goes on to report that the matter may have been settled during yesterday’s cabinet meeting, and the successful bidder could be notified within days. The government has pledged to announce both the buyer and final sale price. <img src="https://photo-assets.superyachttimes.com/photo/4156/image/large-7251cb48df23f0874bb6c1878b1c256c.jpg" data-gid="gid://syiq/Photo/4156">Some of the proceeds from the sale are believed to go toward settling the bill racked up at Falmouth Harbor, for fuel, maintenance costs and the crew’s salaries. As this is sanctioned property, the remaining funds will be placed in a consolidated government fund. &nbsp; (Update 30-03-2023 17:30) Update: Sanctioned Russian billionaire Andrey Guryev denies ownership of 82m Alfa Nero superyachtThe 82-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> will go to auction if still unclaimed by the end of tomorrow. <img src="https://photo-assets.superyachttimes.com/photo/19769/image/large-f3ff428285955c4cde5cfee0f37ddbf0.jpg" data-gid="gid://syiq/Photo/19769">The announcement was made by Antigua Port Manager Darwin Telemaque earlier this week, as the government made a final drive to clear the superyacht, which has been left “abandoned” in Falmouth Harbour in Antigua for more than a year.<img src="https://photo-assets.superyachttimes.com/photo/4163/image/large-6e92b74af61093e73b2f894af3c51b1d.jpg" data-gid="gid://syiq/Photo/4163">The superyacht was believed to be owned by the sanctioned Russian billionaire Andrey Guryev, yet, according to Bloomberg, his lawyers and legal representatives have denied these claims. “As we have informed the Antiguan authorities Mr. Guryev neither owns nor controls the Alfa Nero and has simply used the vessel from time to time under commercial charter since 2014,” Guryev’s representatives explained to Bloomberg. <img src="https://photo-assets.superyachttimes.com/photo/4152/image/large-6bd7e17f6430c1a7ea478ccf7494d776.jpg" data-gid="gid://syiq/Photo/4152">Bloomberg goes on to report that <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> has cost the marina more than $500,000 in costs, covering fuel, electricity and food bills for the five-person crew.&nbsp;(Update 03-03-2023 17:30) Antigua and Barbuda Government moves to sell 82m superyacht Alfa NeroAccording to Caribbean Loopnews, The Antigua and Barbuda Government is taking steps to auction the 82-metre superyacht <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> which, according to Information Minister Melford Nicholas, has been “abandoned” in Falmouth Harbour since February 2022.<img src="https://photo-assets.superyachttimes.com/photo/84288/image/large-49a73b04ae3761415076e0fafa0af537.jpg" data-gid="gid://syiq/Photo/84288"><a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> is believed to be owned by a sanctioned Russian oligarch and was blocked and subject to an official search last August, to determine who her ultimate beneficial owner is. The search was unsuccessful and allegedly&nbsp;<a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> has since been deemed a risk.&nbsp;Nicholas explained the Government is “trying to prevent a future hazard since the luxury vessel is not being maintained by its owner.”<img src="https://photo-assets.superyachttimes.com/photo/84285/image/large-152b2c43cd20092c4fd4ac30f6a9bcbb.jpg" data-gid="gid://syiq/Photo/84285"><img src="https://photo-assets.superyachttimes.com/photo/84284/image/large-f864ab48d0634ae138e75dc4ea015da4.jpg" data-gid="gid://syiq/Photo/84284">Caribbean Loopnews reports that the sales notice will be placed in the media for 10 days to satisfy the requirements under the law for a forced sale. &nbsp;The note stated, “If the owner fails to claim the vessel within that time period, the Government of Antigua and Barbuda, having declared the vessel a hazard to shipping and to the harbour where it is moored, will sell it to the highest bidder.” <img src="https://photo-assets.superyachttimes.com/photo/84289/image/large-7cf65094f9ef1d594510586a81c6d50c.jpg" data-gid="gid://syiq/Photo/84289">Antigua and Barbuda would have consulted with the US authorities prior to taking the action. But whether the money raised from her sale stays with the Antigua and Barbuda Government is unknown, Nicholas explained. &nbsp;<a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> was delivered in 2007 by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and features an exterior design by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a> and naval architecture by <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a> and <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. The task of curating her 2,500 GT of interior volume was entrusted to <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>. <img src="https://photo-assets.superyachttimes.com/photo/84293/image/large-687c3fe7ccd6b0fd8e4e18db14cf3119.jpg" data-gid="gid://syiq/Photo/84293"><img src="https://photo-assets.superyachttimes.com/photo/84294/image/large-290998123199d82be0b140fac2a68b5e.jpg" data-gid="gid://syiq/Photo/84294"><img src="https://photo-assets.superyachttimes.com/photo/84295/image/large-fdfafdcea1e7b5a2e20cbfc7aa9c7db9.jpg" data-gid="gid://syiq/Photo/84295">She was sold in 2011 to her current owner with a last known asking price of 115,000,000. Prior to her being “abandoned”, she was well maintained undertaking many refit and shipyard visits over the years. She returned to <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> in Alblasserdam, the Netherlands in 2020. <img src="https://photo-assets.superyachttimes.com/photo/57566/image/large-fe016568ff8ea3fc88d2dfc89cb3ddcd.jpg" data-gid="gid://syiq/Photo/57566">Read:&nbsp;<a data-gid="gid://syiq/Article/54694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Update on Russian yachts seized: US imposes sanctions on 89m Russian-owned superyacht Nirvana (2022-12-21 14:15:00 +0100)">Update on Russian yachts seized: US imposes sanctions on 89m Russian-owned superyacht Nirvana</a>The superyacht offers accommodation for as many as 12 guests across six suites, comprising a master, two VIPs, two doubles and a twin. <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> can also host 28 crew. She has a long list of key features that include a hydraulically operated pool and a helipad on her aft deck.

Antigua and Barbuda Government to sell 82m superyacht Alfa Nero

The Antigua and Barbuda Government is making steps to auction the “abandoned” 82m superyacht Alfa Nero.

Update: Bids entertained for abandoned 82m superyacht Alfa Nero 

<a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a>, part of the <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumbo Superyachts</a> network, has announced the sale of a new bespoke 66-metre project to be built in Ancona. The superyacht has been sold to a European customer.&nbsp;The sold superyacht features naval engineering by <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumbo Superyachts</a>, exterior design by <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vallicelli Design (Company)">Vallicelli studio</a>, and interior design by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Pinto</a>, who worked collaboratively on this unique project. This design partnership has worked together on other yacht designs in the past, including the 66-metre <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA&nbsp;</a>timeless icon <a data-gid="gid://syiq/Yacht/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Okto66.4m (217'10&quot;)ISA Yachts2014">Okto</a>.<img src="https://photo-assets.superyachttimes.com/photo/262990/image/large-b85df92631b335000a68d63f10b11d72.jpg" data-gid="gid://syiq/Photo/262990">With a steel hull and aluminum superstructure, <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> Custom 66-metre superyachts will be characterised by a dynamic profile with the typical <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> hallmark of the three arches connecting the decks. Additionally, the beach club will have the ability to be an open platform to transform the aft deck lower-level space into an expansive living area equipped with a gym, lounge, and spa meeting all the needs of those onboard. <img src="https://photo-assets.superyachttimes.com/photo/262989/image/large-916b188f2fa3d77576898637ab701c33.jpg" data-gid="gid://syiq/Photo/262989">“This new construction is the result of the constant work that our shipyard has undertaken since 2016 when we acquired the Ancona facility together with the <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> brand. Excellence is our ultimate goal in everything we do and I would like to thank all the clients who have placed their trust in <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumbo Superyach</a><a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">ts&nbsp;</a>and all the commercial and production teams who work alongside me daily. We have many exciting challenges ahead of us and we will face them with the concreteness that has guided and distinguished us up to now,” commented Giuseppe Palumbo, founder and Sole Director of <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumbo Superyachts.</a><img src="https://photo-assets.superyachttimes.com/photo/54846/image/large-ebbed71972f89409498ba2ed51f8aada.jpg" data-gid="gid://syiq/Photo/54846">The sold superyacht is currently under construction at <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumb</a><a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">o Superyachts</a> shipyards, where there are several other superyachts being built.

66m ISA custom build superyacht sold

A custom ISA 66-metre superyacht has been sold to a European customer and is set to be built in the Palumbo Superyachts shipyard.

New custom 66m ISA superyacht sold 

Update on Russian yachts seized

News is being shared of Russian yachts seized, here we have outlined the news behind those claims.

Update on Russian yachts seized: US imposes sanctions on 89m Russian-owned superyacht Nirvana

<img src="https://photo-assets.superyachttimes.com/photo/247456/image/large-a6a62205b1fb1626b0dc9b0d398573b3.jpeg" data-gid="gid://syiq/Photo/247456">The 124.4-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/1851" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Katara124.4m (408'2&quot;)Lürssen Yachts2010">Katara</a> was spotted three days ago in Malta. Launched as Project Crystal, <a data-gid="gid://syiq/Yacht/1851" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Katara124.4m (408'2&quot;)Lürssen Yachts2010">Katara</a> was delivered by the German shipyard in 2010. Today, the Qatari-flagged superyacht ranks as one of the largest and most private yachts in the world and was designed by Monaco-based <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>. The interior of <a data-gid="gid://syiq/Yacht/1851" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Katara124.4m (408'2&quot;)Lürssen Yachts2010">Katara</a> is the work of the late Parisian designer <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>, which encompasses a volume of 8,010 GT. She recently received extensive exterior and interior works at <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> in Germany. The refit included a new paint job, a full refurbishment of engines and generators, some interior works and many other modifications and upgrades.

Lürssen superyacht Katara in Malta

The 124m superyacht Katara, built by Lürssen, is seen here docked in Malta.

The <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> 123.2-metre superyacht <a data-gid="gid://syiq/Yacht/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Odyssey123.2m (404'2&quot;)Lürssen Yachts2015">Golden Odyssey</a> has been sold. The yacht was originally arrested in Malta by Deutsche Bank Luxembourg, which underwent the arrest as part of its efforts to repay a mortgage against the yacht in excess of €116 million. <img src="https://photo-assets.superyachttimes.com/photo/180704/image/large-c94b3cec22cf92d183a5b4fe2eeae44b.jpg" data-gid="gid://syiq/Photo/180704">The court in Malta heard how the owner, Kal Marine Limited, a Bermuda-registered company, had secured a loan from the bank in 2013 and had used the vessel as collateral. The owner had since failed to make repayments, forcing the bank to seize the vessel.<img src="https://photo-assets.superyachttimes.com/photo/8152/image/large-d09aa71483d1c016e8e586b568e9cc2e.JPG" data-gid="gid://syiq/Photo/8152">According to Times of Malta, Justice Spiteri Bailey approved the private sale of the vessel for €150 million, which was estimated to be its current market value. The vessel will be bought by East Thrive Peace Limited, incorporated in the British Virgin Islands and represented in Malta by lawyer Nicholas Valenzia. The sale will be the largest sum ever fetched for a yacht in a judicial sale in Malta.&nbsp;The superyacht was built by the German shipyard <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts</a> and launched in 2015. She features exterior design from <a data-gid="gid://syiq/Company/236" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francis Design (Company)">Francis Design</a> and interiors from <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>.

Superyacht Golden Odyssey sold

The 123m superyacht Golden Odyssey has been sold 

Seized 123m Lürssen superyacht Golden Odyssey sold

Lurssen's fleet of 100m+ superyachts

Lürssen has delivered 22 superyachts that exceed 100m in length. SYT runs through the list. 

Lürssen's giants: the German builder’s fleet of 100m+ superyachts

The 72-metre <a data-gid="gid://syiq/Company/928" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dunya Yachts (Company)">Dunya</a>-built superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> sold at auction in Gibraltar for $37,500,000.&nbsp;In total there were 63 bids placed for the seized Russian-owned superyacht, and the leading bidders were subject to KYC (Know Your Customer) checks, which took just under a month to complete. <img src="https://photo-assets.superyachttimes.com/photo/121702/image/large-9b1132c8434f802b9e500ba729af0745.jpg" data-gid="gid://syiq/Photo/121702">According to an official report by the Office of the Admiralty Marshal, first published by the British news outlet The Guardian;“The Admiralty Marshal has today sold the MY <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> following payment into court of $37.5m by the successful bidder,” the court said in a statement on Tuesday. “The bid was selected after completion of an enhanced due diligence process, but the Admiralty Marshal will not be disclosing the identity of the buyer.”<a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> was delivered in 2013 and features an exterior design by Sterling / Scott and interior by Alberto Pinto. She is the second largest yacht built by the Turkish shipyard, offering 1,620 GT of interior volume and accommodation for 12 guests and 20 crew.<img src="https://photo-assets.superyachttimes.com/photo/64466/image/large-b232b549fba084189c1e377a9fbadd7b.jpg" data-gid="gid://syiq/Photo/64466"><img src="https://photo-assets.superyachttimes.com/photo/64463/image/large-da1843304683efce7f66b9b236c75b07.jpg" data-gid="gid://syiq/Photo/64463">Her condition is unknown and she was sold during an “as is, where is” auction handled by Howe Robinson for JPMorgan Chase. Nigel Hollyer, Partner at Howe Robinson Partners, explained previously that “any surplus after JP Morgan’s mortgage has been paid off and the cost of arrest will go into an account at the Supreme Court of Gibraltar, and frozen until the sanctions are sorted.”(Update 23-08-22 13:42) Bidding has closed for the 72m superyacht&nbsp;<a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a><img src="https://photo-assets.superyachttimes.com/photo/121700/image/large-3c08446e9d3f6d4e8b1dd9871aa86a8d.jpg" data-gid="gid://syiq/Photo/121700">After much controversy, the 72-metre superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> went under the hammer in Gibraltar this morning. Bidding closed at 12:00 CET and after a quick call with Nigel Hollyer, Partner at Howe Robinson Partners, it’s clear there was great enthusiasm and interest about her sale, as “the bids were mounting up”. &nbsp;Hollyer confirmed that a decision will not be made today – and perhaps not until next week – about who the successful bidder is. “We may well find the right buyer amongst the paperwork but we have to sort out due diligence documents and KYC (Know Your Customer) documents first, so I don’t think there’ll be any positive results until the end of this week. Maybe not even till the beginning of next week.” &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/121704/image/large-f21b3076df9c1a3233bb58117df16d46.jpg" data-gid="gid://syiq/Photo/121704">A contentious issue was whether Americans would be barred from the auction house, as not only is the owner of <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> on the U.S. sanction list, but so also is the yacht herself. However, “recently the Office of Foreign Assets Control (OFAC) granted a license to JP Morgan that facilitated the Americans being able to bid and pay with U.S. dollars,” if they so wished, as Hollyer explained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/64466/image/large-b232b549fba084189c1e377a9fbadd7b.jpg" data-gid="gid://syiq/Photo/64466">“Any surplus after JP Morgan’s mortgage has been paid off and the cost of arrest will go into an account at the Supreme Court of Gibraltar, and frozen until the sanctions are sorted. It’s not going to Ukraine because the law doesn’t allow it. It is going to be put into an account and frozen.” &nbsp;(Update 29-07-22 15:45) 72m superyacht&nbsp;<a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a>&nbsp;will be first seized Russian-owned yacht put up for auction)<img src="https://photo-assets.superyachttimes.com/photo/208351/image/large-d69d39e91f126652ca30efd2d06f60c6.jpg" data-gid="gid://syiq/Photo/208351">It has been reported that the 72-metre superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> will be the first seized Russian superyacht to go to auction to repay the debts of her owner. The auction is set to take place on 23 August 2022, with there being no set reserve price.The Supreme Court in Gibraltar has ordered that the Admiralty Marshall should proceed with the judicial auction despite the lack of communication from other regulatory bodies. <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> will be sold by the Admiralty Court in Gibraltar under an ‘as is, where is’ private auction. Allegedly the Admiralty Marshall’s standing broker is the privately owned London-based company, Howe Robinson.The auction will take place over just one day and a website with more details and an online bidding platform is expected soon.<img src="https://photo-assets.superyachttimes.com/photo/215120/image/large-a05c8ab3776ef2849a099650b26dac51.jpg" data-gid="gid://syiq/Photo/215120">(01-07-22 16:00) &nbsp;Sale of seized Russian-owned superyacht Axioma mandated)It has been widely reported that the sale of the seized 72-metre superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> has been mandated by the Supreme Court in Gibraltar. The superyacht is allegedly owned by Dmitry Pumpyansky, a Russian billionaire on the sanction list, and a shareholder of the Pyrene Investments. It is Pumpyansky's involvement with Pyrene Investments that has resulted in this mandate. <img src="https://photo-assets.superyachttimes.com/photo/205414/image/large-41db81b83d07fd6570ab426267a5c782.jpg" data-gid="gid://syiq/Photo/205414">Pyrene Investments took out a $22 million loan with JPMorgan Chase &amp; Co., a major American financier and investment banker, however, Pumpyansky’s involvement with Pyrene Investments breaches the loan agreement. Pyrene Investments is owned by Furdberg Holding of Cyprus and, at the time of the loan agreement, Pumpyansky was the sole shareholder. As Pumpyansky was on the sanction list his assets were frozen and it was illegal for the bank to accept any repayments from him. With his superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> seized in Gibraltar, JPMorgan Chase &amp; Co. pursued an opportunity to see a return on their investment.<img src="https://photo-assets.superyachttimes.com/photo/232939/image/large-5daa02b84b110cba3f5b83282d42fa08.jpeg" data-gid="gid://syiq/Photo/232939">"JPMorgan is acting pursuant to its mortgage rights," a spokesperson for the Gibraltar government reported to Business Insider. "Her Majesty's Government of Gibraltar is exercising rights to enforce freezing sanctions also." Business Insider also wrote that on the day of seizure, Gibraltar’s government stated that the superyacht was “confirmed to be the subject of arrest action by a leading international bank in the Supreme Court of Gibraltar.” <img src="https://photo-assets.superyachttimes.com/photo/48525/image/large-646f670a91fe18a139b09d64b3607be8.jpg" data-gid="gid://syiq/Photo/48525"><a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> is a relatively new superyacht, as she was launched only nine years ago. She was built in Istanbul, Turkey by <a data-gid="gid://syiq/Company/928" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dunya Yachts (Company)">Dunya Yachts</a> and is the shipbuilder’s flagship superyacht. <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> was custom-built and is believed to have had only one owner. Her exterior design was commissioned by <a data-gid="gid://syiq/Company/1340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sterling / Scott (Company)">Sterling / Scott</a> and her interior by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>. <img src="https://photo-assets.superyachttimes.com/photo/121706/image/large-c2acb8f9d84d72b04c3c986fc02192c0.jpg" data-gid="gid://syiq/Photo/121706">With 1,620 GT and six staterooms, <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> can accommodate as many as 12 guests. The superyacht also carries 20 crew members. <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> is brimming with amenities, including a large pool on her aft deck and a screening room on the lower deck. <img src="https://photo-assets.superyachttimes.com/photo/121701/image/large-5ad829ebdde6aa3c3b17e7164f51ff81.jpg" data-gid="gid://syiq/Photo/121701">Read:&nbsp;<a data-gid="gid://syiq/Article/55437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seized Russian-owned 106m superyacht Amadea arrives in San Diego (2022-06-28 16:45:00 +0200)">Seized Russian-owned 106m superyacht Amadea arrives in San Diego</a>As it stands <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a> is not the only seized Russian–owned superyacht that could be soon under the hammer. The 106.1-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>-built superyacht <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> arrived in San Diego earlier this week, flying a U.S. flag.&nbsp;

superyacht Axioma auction

The 72m superyacht Axioma sold at auction in Gibraltar for $37m.

Update: Seized Russian superyacht Axioma sold at auction for $37.5m

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> specialises in creating one-of-a-kind superyachts such as the 66-metre yacht <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a>. The Dutch-built superyacht was delivered in 2005 and is a beautiful example of when classic design meets contemporary.<img src="https://photo-assets.superyachttimes.com/photo/106492/image/large-19a20856640538db80e20d096311d238.jpeg" data-gid="gid://syiq/Photo/106492">The distinctive exterior design of <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> is the unmistakable work of her builder <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, the team is also behind her naval architecture. The award-winning shipyard originally delivered her under the name Dilbar and the superyacht has benefitted from refits for the past three years. <img src="https://photo-assets.superyachttimes.com/photo/106478/image/large-dbacba50e0de782259ddfe664c6392cb.jpeg" data-gid="gid://syiq/Photo/106478">The superyacht <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> boasts an interior design by the late designer <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> who is renowned for curating light and modern designs, and <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> is no exception. <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Pinto</a> utilised his method and made the most of her large floor to ceiling windows throughout. <img src="https://photo-assets.superyachttimes.com/photo/106476/image/large-386d0a2847f1083c2a9fd1d129de6efe.jpeg" data-gid="gid://syiq/Photo/106476">She features luxurious materials including marbles, woods, leathers and fabrics, with several distinct spaces across all decks for guests to enjoy. Her open plan main deck saloon flows seamlessly into the dining area with seating for 12 guests for formal meals.<img src="https://photo-assets.superyachttimes.com/photo/106475/image/large-7b4691bfac5b681c9e64ad1e9cb3d08b.jpeg" data-gid="gid://syiq/Photo/106475"><a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> has plenty of unique spaces onboard, including a cinema room for movie lovers on the main deck, and her upper deck saloon that boasts plenty of seating, a bar and a desk that can be used as an office space.<img src="https://photo-assets.superyachttimes.com/photo/106471/image/large-2865bee2e8abb16968697f420e5a3252.jpeg" data-gid="gid://syiq/Photo/106471"><img src="https://photo-assets.superyachttimes.com/photo/106472/image/large-445c3bb02a67bee93b4c0d0c4bca9d74.jpeg" data-gid="gid://syiq/Photo/106472"><img src="https://photo-assets.superyachttimes.com/photo/106473/image/large-2533a09763d10dbb684e2b8d2939a51d.jpeg" data-gid="gid://syiq/Photo/106473">The yacht <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> is able to accommodate up to 16 guests across six luxurious staterooms. The full-beam master suite is a stand out space that features its own distinct saloon area, with double-sided drop-down television screen, and adjoining private office.<img src="https://photo-assets.superyachttimes.com/photo/106467/image/large-2503ffb98912b97a4e6fe260c49d5ad3.jpeg" data-gid="gid://syiq/Photo/106467"><img src="https://photo-assets.superyachttimes.com/photo/106465/image/large-20e425a63b98c71c191dd6e48fc906ab.jpeg" data-gid="gid://syiq/Photo/106465"><img src="https://photo-assets.superyachttimes.com/photo/106464/image/large-cbf5921a5a1f3c04436148395079fb9d.jpeg" data-gid="gid://syiq/Photo/106464">The remaining guest accommodations include a VIP and four guest staterooms as well as two luxury staff cabins that can be used by guests. <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> is also able to carry a crew of 19 including the captain across 10 cabins.<img src="https://photo-assets.superyachttimes.com/photo/106486/image/large-45364d92e56df2d84317dc60eb118f1c.jpeg" data-gid="gid://syiq/Photo/106486"><img src="https://photo-assets.superyachttimes.com/photo/106485/image/large-c9268bcfb70bf6b1530d898348ad97f9.jpeg" data-gid="gid://syiq/Photo/106485"><img src="https://photo-assets.superyachttimes.com/photo/106488/image/large-c15d84161c9fb56df4da81924bf0a26a.jpeg" data-gid="gid://syiq/Photo/106488">The jewel in her crown is arguably the expansive sundeck, with an impressive aft sunbathing area that can also be used as a helipad. As if that wasn’t enough, the forward area of<a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a>’s sundeck houses an oversized pool as well as a seating area and wet bar, two large tables that merge into an 18-seat table, an outdoor cinema, a disco and a barbeque.<img src="https://photo-assets.superyachttimes.com/photo/106489/image/large-290709a03653044a9c8344547866bf05.jpeg" data-gid="gid://syiq/Photo/106489">One of <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a>’s most striking features is her rounded transom that encapsulates the essence of the classic yachts from a bygone era. But her waterfall pool, surrounded by sunpads make it very clear that she’s a superyacht brimming with contemporary qualities.<img src="https://photo-assets.superyachttimes.com/photo/106458/image/large-02ab3b1baf4063e0d0c073b94d1185ae.jpeg" data-gid="gid://syiq/Photo/106458">In terms of performance, the superyacht <a data-gid="gid://syiq/Yacht/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luna B66.0m (216'6&quot;)Oceanco2005">Luna B</a> is powered by twin <a data-gid="gid://syiq/Company/1448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Deutz AG (Company)">Deutz AG</a> engines that provide her with a top speed of 16.5 knots and a comfortable cruising speed of 13 knots. She is currently listed for sale with Vesa Kaukonen from <a data-gid="gid://syiq/Company/6774" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Large Yacht Corporation (Company)">Large Yacht Corporation</a> asking €47,500,000. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/106493/image/large-c1e93f237a277e0b8b3a307c53e3ff04.jpeg" data-gid="gid://syiq/Photo/106493">

Oceanco superyacht Luna B

SuperYacht Times take a closer look onboard Oceanco’s 66m superyacht Luna B.

Onboard Oceanco’s 66m superyacht Luna B

Yacht building in Instanbul 

SYT visited a number of shipyards in Istanbul and the scene is thriving. 

Istanbul: Amidst the seven hills is an electric scene of superyacht builders

A household name in the maritime industry, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> is synonymous with quality, high-tech and high-performance vessels across the field of yacht construction. While its reputation in commercial construction is world-renowned, the group is also famed for the construction of some of the largest superyachts in the global fleet, stamping its seal on the 140-metre <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a> and the 133.9-metre <a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a>. <img src="https://photo-assets.superyachttimes.com/photo/232270/image/large-5a4e36460a1e9ef6b631d66dede0c1ea.jpg" data-gid="gid://syiq/Photo/232270">Designing and building its superyachts at the Muggiano shipyard in La Spezia, one of the hearts of Italian yacht construction, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> pours its extensive experience in commercial and navy construction into the design of its superyachts. This ensures a high level of construction by integrating the skills of its many employees into the builds. Another advantage of its expansive skill base is that <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> offers owners state-of-the-art production facilities with industrial-level technology.&nbsp;Over the years since its foundation more than 230 years ago the company is credited with the launch of more than 7,000 seafaring vessels, venturing into the superyacht field in the mid-2010s. The first vessel delivered by the new division of the company in 2011 was <a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a>, which won the World Superyacht Award in 2012. <img src="https://photo-assets.superyachttimes.com/photo/116014/image/large-f02cc2bc56ed889a3671b683a3eb0bc8.jpg" data-gid="gid://syiq/Photo/116014">Currently sitting at number 22 of the longest delivered superyachts in the world (source <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> list), <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> partnered with one of the top superyacht designers in the world, the Monaco-based <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> and London-based <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton Design</a>. With graceful lines and a host of completely unique features including a circular Jacuzzi deck, <a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a> is one of the most notable yachts in the fleet and demonstrated <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>’s capabilities in the world of luxury superyachts.&nbsp;In 2014 came the delivery of <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a> sitting at number 13 of the longest delivered superyachts in the world (source <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> list) and once again the shipyard paired with <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> for this highly distinctive superyacht with Interiors by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> and <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Laura Sessa</a> that has featured extensively in lists of the most beautiful superyachts in the world. Able to accommodate 28 guests and with an extraordinary volume of 8,505 GT, the build of <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a> employed again <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>’s skill with the construction of high volume steel yachts. <img src="https://photo-assets.superyachttimes.com/photo/204413/image/large-e9260d5e92138f5b03e74766dfe8dd43.jpg" data-gid="gid://syiq/Photo/204413">Speaking with Merijn de Waard in 2015, shortly after the delivery of <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a>, Merijn de Waard sat down with <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>’s then Head of Sales Mauro Parodi about the launch. He commented, “As a business, we are very young: it is only 10 years that <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> decided to establish <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri Yachts</a> as a business unit. In these 10 years, to have already delivered two boats amongst the 15 biggest boats in the world, it is already a big success.”<img src="https://photo-assets.superyachttimes.com/photo/204411/image/large-f9a3b535abf3a6f6154a9449eb4a9523.jpg" data-gid="gid://syiq/Photo/204411">After two projects delivered (<a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a> and <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a>), things have continued to be busy at <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>, and the group has been pushing a move toward a more sustainable future for the industry. Only last February it launched the Sustainability Linked Guarantees Facility alongside BNP Paribas, one of many collaborations the group has been establishing. Regularly making headlines, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> is an ever-relevant presence in the maritime industry and we all know that whatever yacht is next to receive its world-class construction methods, will be yet another excellent vessel.This article was originally published in&nbsp;<a href="https://sya.superyachttimes.com/news/superyacht-times-newspaper-issue-39" target="_blank">Issue 41 of SuperYacht Times newspaper</a>. To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper, <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Discover Fincantieri

Known for the construction of some of the largest superyachts in the global fleet, we took a closer look at the Italian shipyard, Fincantieri.

Discover Fincantieri Yachts: Master shipbuilders

<img src="https://photo-assets.superyachttimes.com/photo/224145/image/large-c6813b8cf78b12a9a80a64efd3641766.jpg" data-gid="gid://syiq/Photo/224145">The 52-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nita K II52.0m (170'7&quot;)Amels2004">Nita K II</a>, was seen here last month anchored in Cambridge Cay, the Bahamas. Built in 2004 by the Dutch shipyard, <a data-gid="gid://syiq/Yacht/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nita K II52.0m (170'7&quot;)Amels2004">Nita K II</a> was previously named Felix and features an interior by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> and <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Laura Sessa Romboli</a>. <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> was also responsible for her exterior design. The 628 GT superyacht can accommodate up to 12 guests in five staterooms and is powered by twin <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> KTA 28M2 diesel engines of 1,200 horsepower each, allowing her to reach a top speed of 15 knots and a range of 5,470 nautical miles while cruising at 15 knots.

Superyacht Nita K II in the Bahamas

The 52m superyacht Nita K II built by Amels, is seen here anchored in Cambridge Cay, the Bahamas.

<img src="https://photo-assets.superyachttimes.com/photo/218717/image/large-438c5a0de59a99522c16d4b6ae5fbc8e.jpg" data-gid="gid://syiq/Photo/218717">Built by <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and delivered in 2009, the 76-metre motor yacht <a data-gid="gid://syiq/Yacht/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ebony Shine75.75m (248'6&quot;)Feadship2009">Ebony Shine</a> (ex Ocean Victory) features naval architecture and exterior design by&nbsp;<a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt</a> design, with an interior by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> and <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Laura Sessa</a>. Constructed with a steel hull and aluminium superstructure, the 2,242 GT superyacht can &nbsp;accommodate up to 12 guests on board. She has an impressive range of 5,500 nautical miles and can reach a top speed of 17 knots. Her key features include a twelve-person cinema, outdoor dining facilities for up to 32 guests, a health club with gymnasium, sauna, steam room, massage room, and a large beach platform.

Feadship superyacht Ebony Shine in the Bahamas

The 76m superyacht Ebony Shine built by Feadship, is seen here cruising in the Bahamas.