Italy

Ferretti Group

The 33-metre <a href="https://www.superyachttimes.com/companies/custom-line" target="_blank">Custom Line</a> motor yacht <a data-gid="gid://syiq/Yacht/11791" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renewal 333.0m (108'3&quot;)Custom Line2022">Renewal 3</a> is for sale. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> was launched in 2022 as part of the new Navetta 33 series. She features an exterior design from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s Product Committee, while the in-house atelier designed her interiors in collaboration with the yacht's first owner. <img src="https://photo-assets.superyachttimes.com/photo/241207/image/large-cce8d27b6259bfd51d5419d936ecb654.jpg" data-gid="gid://syiq/Photo/241207">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features a four deck arrangement and her interiors feature contrasting woods, with grey and white wooden walls and furnishings and dark brown wood for the parquet flooring. Arabescato Carrara marble is also used throughout, lending the interiors an elegant touch.<img src="https://photo-assets.superyachttimes.com/photo/242962/image/large-9a5737fca9b4eab448cade8141037142.jpg" data-gid="gid://syiq/Photo/242962">The <a href="https://www.superyachttimes.com/yachts/custom-line/for-sale" rel="noopener noreferrer" target="_blank" title="">Custom Line yacht for sale</a> can accommodate as many as 11 guests between five staterooms. A full beam master is located on the main deck and on the lower deck there are three doubles and one twin with pullman.<img src="https://photo-assets.superyachttimes.com/photo/242959/image/large-4bc8217eced16efbc9c4303d7985a7ff.jpg" data-gid="gid://syiq/Photo/242959"><img src="https://photo-assets.superyachttimes.com/photo/242961/image/large-2904607cf6eff559f4935179ed0e947e.jpg" data-gid="gid://syiq/Photo/242961">The model was designed by the team at <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a> and she features characteristically large windows throughout the main deck. She also features impressive external areas include a large, partially covered sun deck, main and bridge aft decks, extensive foredeck seating and sunpad plus a balcony off the main saloon.<img src="https://photo-assets.superyachttimes.com/photo/242960/image/large-581813cfa36a841a4f10432e3188fc62.jpg" data-gid="gid://syiq/Photo/242960">Her semi-displacement GRP hull, bulbous bow, electro-hydraulic stabilising fins with zero-speed function and the <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">Seakeeper</a> gyroscopic stabilisers assure best-in-class stability and seaworthiness, with a maximum speed of 16 knots and range of approximately 1,200 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/224859/image/large-89bfc7f9c3991fb8295461a2660244a8.jpg" data-gid="gid://syiq/Photo/224859">

Custom Line yacht Renewal 3 for sal

The 33m Custom Line motor yacht Renewal 3 is for sale. The yacht was launched in 2022.

Custom Line 33m motor yacht Renewal 3 for sale

The third hull in the 49.9-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri yacht series has been launched in Ancona, Italy, at the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> Superyacht Division facility with her EMEA-based owner in attendance. Her owner is also a fan of the brand and already owns another <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> yacht.<img src="https://photo-assets.superyachttimes.com/photo/271281/image/large-f7794b38e1453469ed75165f2ac90b53.jpg" data-gid="gid://syiq/Photo/271281">The <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri has been designed in collaboration with <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design</a> which were responsible for her interior and exterior styling. The naval architecture of the steel and aluminium superyacht was completed in-house by the Strategic Product Committee led by Piero Ferrari, and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Engineering Department.The <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri superyacht span five decks with an impressive beam of nine-metres. She is characterised by clean and elegant lines and uses a mixture of &nbsp;steel, glass and mahogany to create a modern design vision. In terms of accommodation, the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri can accommodate up to 10 guests, as well as a crew of nine.<img src="https://photo-assets.superyachttimes.com/photo/271279/image/large-5eeef45616d5400190599ce88a5db2cb.jpg" data-gid="gid://syiq/Photo/271279">The <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri bridges the gaps between her interior and exterior spaces with a large door that opens up to form an open space with her cockpit. Her interior is adorned with polished steel components, alongside a refined colour palette of greys and mahogany.&nbsp;The <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri yacht boasts a 120 square-metre sun deck, protected from the elements by a hard top. The space offers guests the opportunity to relax by her generous sunbathing area or in her gorgeous Jacuzzi, as well as the option to dine alfresco.<img src="https://photo-assets.superyachttimes.com/photo/271280/image/large-d2a4c99e34fb3d2c397ae3bedf56e6e1.jpg" data-gid="gid://syiq/Photo/271280">Performance-wise, the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50 Metri is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines which provide her with a top speed of 15.5 knots, and a comfortable cruising speed of 14 knots.According to SYT iQ, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> have several yachts in-build, including the flagship 54-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 54M superyacht, which has an expected delivery date of 2025.

Third Riva 50 Metri yacht launched

Riva has launched the third hull in the Riva 50 Metri series in Ancona, Italy.

Riva launches third hull in the Riva 50 Metri yacht series

<a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has launched the 33-metre motor yacht <a data-gid="gid://syiq/Yacht/12071" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 33/2733.0m (108'3&quot;)Custom Line2023">Familia</a>, the 27th unit of the Navetta 33 motor yacht series. The yacht made a splash at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> shipyard in Ancona in front of her owners, family and the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> team. <img src="https://photo-assets.superyachttimes.com/photo/270838/image/large-dc1e0b9e0b655cc5bdd7bf67a3f5b744.jpg" data-gid="gid://syiq/Photo/270838">Built for a European owner, <a data-gid="gid://syiq/Yacht/12071" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 33/2733.0m (108'3&quot;)Custom Line2023">Familia</a> features an exterior design from <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with naval architecture and engineering by the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s in-house team. The yacht has been designed for family living, with spacious interior and exterior spaces spread across her four decks.<a data-gid="gid://syiq/Yacht/12071" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 33/2733.0m (108'3&quot;)Custom Line2023">Familia</a> can accommodate as many as 10 guests between five staterooms, with a large owner's suite to the fore of the main deck and four additional guest suites on the lower deck.&nbsp;Like all Navetta 33's, she features a bulbous bow and delivers best-in-class performance in terms of seaworthiness and stability in port, as well as an excellent fuel consumption to range ratio at a cruising speed of about 12 knots.The <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> worked closely with the yacht's owners on the interior styling and design to delivered the desired onboard aesthetic. The yacht's main deck features large windows and the interior has been decorated in rich colours such as milk white and sky blue, as well as smokey grey and anthracite which create a warm and elegant interior styling.&nbsp;The furnishings and decor are designed according to the owner’s tastes, in collaboration with
renowned design brands, and feature fine original materials such as Silk Georgette marble, nubuck
leather, and ALPIlignum wood veneer, all contributing to a refined sense of luxury.

Custom Line motor yacht Familia launched

Custom Line has launched the 33m motor yacht Familia. 

Custom Line launches 33m motor yacht Familia

<a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, the Italian luxury yacht builder, has revealed new details about the construction of <a data-gid="gid://syiq/Yacht/11645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maranello67.55m (221'7&quot;)CRN2025">Project Maranello</a>. The bespoke superyacht boasts a length of 67-metres and features a sleek and aerodynamic design that reflects the owner's vision and bespoke specifications. With the expertise of <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard Studio</a> and <a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a> serving as owner's representatives, the <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> <a data-gid="gid://syiq/Yacht/11645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maranello67.55m (221'7&quot;)CRN2025">Project Maranello</a> promises to be a masterpiece of design and engineering.<img src="https://photo-assets.superyachttimes.com/photo/270131/image/large-d3129cdcee9cae9d2d26e5428ceeab55.jpg" data-gid="gid://syiq/Photo/270131"><img src="https://photo-assets.superyachttimes.com/photo/270134/image/large-6f30106bb334cd25c3a5a70aff4b3ffd.jpg" data-gid="gid://syiq/Photo/270134">Currently under construction at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona, the hull has been expertly crafted by skilled artisans who are now working on the carpentry, fitting-out, machinery, and onboard systems and equipment. The impressive five-deck superyacht will provide exceptional comfort for up to 14 guests and 17 crew members, with even the finest details being meticulously designed to ensure the yacht provides the ultimate luxury experience.<img src="https://photo-assets.superyachttimes.com/photo/270133/image/large-f97563f3d1ac6f55734739a277688898.jpg" data-gid="gid://syiq/Photo/270133"><img src="https://photo-assets.superyachttimes.com/photo/270135/image/large-ad6e487bb94bd49a1f0407014f7814cf.jpg" data-gid="gid://syiq/Photo/270135">One of the standout features of <a data-gid="gid://syiq/Yacht/11645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maranello67.55m (221'7&quot;)CRN2025">Project Maranello</a> is its commitment to sustainability, which resonates with the owner's concerns for the environment. The state-of-the-art hybrid-propulsion system ensures enhanced energy efficiency and significantly improved fuel economy, making the yacht an eco-friendly choice.<img src="https://photo-assets.superyachttimes.com/photo/270129/image/large-9ce5e1e841889d28e79dea848cee2984.jpg" data-gid="gid://syiq/Photo/270129"><img src="https://photo-assets.superyachttimes.com/photo/270130/image/large-7942beb0d57b8bf67b44b58c5b7deeb5.jpg" data-gid="gid://syiq/Photo/270130">The <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN&nbsp;</a><a data-gid="gid://syiq/Yacht/11645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maranello67.55m (221'7&quot;)CRN2025">Project Maranello</a> is just one of several custom yachts being built at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona. The facility, which spans almost 80,000 square-metres, is also constructing the <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> 144 (85-metres), the <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN&nbsp;</a>145 (70-metres), and several other yachts, including the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 50, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 140 #03, and <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 140#04 (all in aluminum), and the steel and aluminum <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50Metri #03 and <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 54Metri Superyacht Division. With a total of 27 yachts under construction simultaneously, the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> output is a testament to the company's commitment to excellence in luxury yacht building.<img src="https://photo-assets.superyachttimes.com/photo/270137/image/large-c7efcc270b9e8dcfa8584f4485de3f30.jpg" data-gid="gid://syiq/Photo/270137"><img src="https://photo-assets.superyachttimes.com/photo/270138/image/large-e11fb49d6c73c3f631ce1dab817e1b08.jpg" data-gid="gid://syiq/Photo/270138">

CRN Project Maranello construction update

CRN have revealed new updates for their custom 67-metre superyacht Project Maranello after the hull was relocated. 

yacht-news-large-articles#0

CRN unveils new details of 67m in-build superyacht Project Maranello

Italy-based yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has reported a significant improvement in Q1 2023 margins in their latest financial report. The Board of Directors at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> reviewed and approved the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s consolidated financial results for the first quarter of 2023 and reported an order backlog of €1.5 billion.<img src="https://photo-assets.superyachttimes.com/photo/269914/image/large-f008f2595c26a0e0ddc9ff1c03717d36.jpg" data-gid="gid://syiq/Photo/269914">Headquartered in Forlì, Italy, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reported an order intake of €307.5 million in the first three months of 2023. The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> also saw a 15.4 percent increase in the order backlog compared to 31 December 2022 due to strong demand on international markets.The order backlog is broken down into segments, with made-to-measure yachts responsible for approximately 37.7 percent of the order backlog and equivalent to €549.1 million as of 31 March 2023. Composite yachts reached €489.9 million, or 32.7 percent of the total backlog, superyachts made up 25.7 percent or €384.6 million of the backlog, and other businesses such as <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Sail and the (<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Security Division) FSD made up €72.7 million, or 4.9 percent of the total backlog.<img src="https://photo-assets.superyachttimes.com/photo/262170/image/large-58ac563f0eedce204ff480d094b86af1.jpeg" data-gid="gid://syiq/Photo/262170">“The luxury yacht market continues to see strong expansion and, once again, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> shows vision and foresight, as witnessed by the important acquisition of Cantiere San Vitale, in Ravenna, the cornerstone of a future-looking growth strategy,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, Alberto Galassi.The total revenue for Q1 2023 surpassed €280 million, representing an increase of 9.3 percent compared to Q1 2022. The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> attributes this figure to the strong order backlog built in 2022.<img src="https://photo-assets.superyachttimes.com/photo/260867/image/large-5e5d5c3dcbe40ce54198eb723f80f847.jpeg" data-gid="gid://syiq/Photo/260867">When this revenue is broken down into geographical locations, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> found that approximately 48.2 percent of the total revenue for Q1 2023 came from Europe, Middle East, and Africa regions (EMEA.) The North America, Central America, and South America regions (AMAS) were responsible for 28.6 percent, while the Asia-Pacific region (APAC) accounted for 11.4 percent of the total revenue.&nbsp;The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> also revealed an increase of 26.6 percent for adjusted EBITDA for Q1 2023 compared to Q1 2022. This improvement has been attributed to a longer waiting and high order backlog which reflects pricing power, a larger presence in segments such as made-to-measure, and the economy of scale in purchasing with a more efficient fixed costs absorption.The overall net profit of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> was reported as €18.6 million in Q1 2023, representing an increase of 42 percent from Q1 2022, with a margin equivalent to 6.6 percent in Q1 2023, representing an increase of 120 basis points when compared to Q1 2022.<img src="https://photo-assets.superyachttimes.com/photo/243240/image/large-c8d44c405138c49644ebabd8896f5e94.jpg" data-gid="gid://syiq/Photo/243240">The huge interest shown by the financial community after the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s first Capital Markets Day and the very positive financial results reported in Q1 2023, are another demonstration of our solidity and confirm once again that our shareholders and our customers were right to place their confidence in us,” concluded Alberto Galassi.

Ferretti Group reports €1.5 billion order backlog for Q1 2023 

The Ferretti Group has reported a significant improvement in Q1 2023 margins in their latest financial report compared to Q1 2022.

Ferretti Group announces €1.5 billion order backlog for Q1 2023 financial report

Italy-based yacht builder <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> has announced the launch of the third 42.98-metre Pershing 140 yacht. The flagship superyacht is the brand’s first model built at the Super Yacht Yard in Ancona and is constructed entirely from aluminium.<img src="https://photo-assets.superyachttimes.com/photo/269566/image/large-00da7bc426afa3c5168b6cef45f49542.jpg" data-gid="gid://syiq/Photo/269566">The <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> motor yacht is the result of a collaboration between architect <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni</a>, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s Strategic Product Committee led by Piero Ferrari, and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> Engineering Department. <img src="https://photo-assets.superyachttimes.com/photo/269567/image/large-d104105ae3ce1270c63226115b525c88.jpg" data-gid="gid://syiq/Photo/269567">The <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> yacht spans 394 GT across two decks and is characterised by sleek and sporty lines. Key features onboard include her two side wings, incorporated into the superstructure at the start of the walkways, making her a unique model.<img src="https://photo-assets.superyachttimes.com/photo/269569/image/large-08c8e4dd0ca4aac5bb13f3848bd10a01.jpg" data-gid="gid://syiq/Photo/269569">The decor for the <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> yacht is customisable with the owner of the third model choosing to adopt <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>'s interior design throughout with a neutral colour palette, lead-coloured wood, and light greys. She features the finest materials from luxury brands such as Poltrona Frau, Minotti, Artemide, Roche Bobois, Molteni and Fontana Arte.<img src="https://photo-assets.superyachttimes.com/photo/269577/image/large-212d0b875674151538be749c57d2bcba.jpg" data-gid="gid://syiq/Photo/269577">The owner of this third <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> superyacht also chose to personalise the main deck to include a professional winery in the bow, illuminated by mirrors to create eye-catching optical illusions. The lounge area includes a fully appointed bar that is hidden behind a door and only visible when in use.<img src="https://photo-assets.superyachttimes.com/photo/269575/image/large-6780b777fc7896d3e6b380ca1253e3d9.jpg" data-gid="gid://syiq/Photo/269575">The <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> yacht can sleep up to eight guests across four staterooms, with her full beam master suite accessed through a private study containing a small lounge area. The suite also has a generous walk-in wardrobe and a large bathroom with a steam shower.<img src="https://photo-assets.superyachttimes.com/photo/269581/image/large-e8b84ed8d7b0e390b789fa3cf8f144e1.jpg" data-gid="gid://syiq/Photo/269581">The raised bridge on the main deck offers direct access to the sun deck, with a bar, sunbathing area and a second helm station. The beach club of the <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> provides direct access to the sea and can be opened up on three sides to accommodate the owner’s water toys.<img src="https://photo-assets.superyachttimes.com/photo/269571/image/large-d2ab5e5c35c79083473f8e60de6108a5.jpg" data-gid="gid://syiq/Photo/269571">Performance-wise, the third <a data-gid="gid://syiq/Yacht/8832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing 140/0342.98m (141'0&quot;)Pershing S.p.a.2023">Pershing 140</a> yacht packs a punch with four <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 2000 M96L 2,600 horsepower engines, powering her to a top speed of 38 knots and a cruising speed of 35 knots. <img src="https://photo-assets.superyachttimes.com/photo/269576/image/large-f70d691f5379fef6bef419daceeac662.jpg" data-gid="gid://syiq/Photo/269576">According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, the Italy-based builder currently has another three models in-build, as well as the 35.24-metre <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> GTX 116 yacht and several <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 9X yachts.

Third 43m Pershing 140 superyacht launched

Pershing has announced the launch of the third flagship 42.98-metre Pershing 140 yacht. 

Third highly-customised 43m Pershing 140 yacht launched

Italy-based builder <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has announced the launch of the 38.36-metre motor yacht <a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a>. The ninth hull in the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> 120 series entered the water at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona, Italy.<img src="https://photo-assets.superyachttimes.com/photo/268741/image/large-953bab0cd33725ab1c93dba0c4a6f1ed.jpg" data-gid="gid://syiq/Photo/268741"><a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a> was designed for an owner from the EMEA region who requested a highly personalised space with strong aesthetics, design and made-to-measure elegance. She features interior and exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a>, in collaboration with the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Engineering Department.<a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a> is defined by her sleek, powerful contours and contemporary style, and like all <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> yachts, she offers the most in terms of speed, performance, and wellbeing onboard. Her design is characterised by extensive floor-to-ceiling glazing, allowing for plenty of natural light.&nbsp;The interior of <a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a> has been designed according to the owner’s style and taste in a collaborative partnership with world-renowned design brands. She features the finest quality materials, such as Arabescato Carrara marble, leather, and matte-effect lacquered wood.<img src="https://photo-assets.superyachttimes.com/photo/268742/image/large-e0a3ac79b3ede0c5ad99141dbba73757.jpg" data-gid="gid://syiq/Photo/268742">In terms of accommodation, <a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a> can comfortably sleep up to 10 guests across five luxurious staterooms. Her minimalist design pairs light and dark colours ranging from elegant greys to warm and welcoming beige, bronze, and brown shades.The flybridge of <a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a> has been designed with relaxation in mind and includes a Jacuzzi and sun loungers incorporated into the same structure.Performance-wise, <a data-gid="gid://syiq/Yacht/12074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Someday38.36m (125'10&quot;)Custom Line2023">Someday</a> is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> diesel engines which provides her with a top speed of 25 knots and a cruising speed of 22 knots. <img src="https://photo-assets.superyachttimes.com/photo/3224/image/large-35a1130d631c16e6c0c2e04beab949cf.jpg" data-gid="gid://syiq/Photo/3224">According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> currently has over 30 yachts in-build, including the 41.8-metre Navetta 42 series, the 38.36 <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> 120 series, and the 28.34-metre Navetta 30 series.

38m Custom Line 120 yacht Someday launched

Custom Line has announced the launch of the ninth 38m Custom Line 120 motor yacht Someday in Ancona, Italy.

38m Custom Line 120 motor yacht Someday launched in Italy

The 32.62-metre motor <a href="https://www.superyachttimes.com/yachts/centurion-33m/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Centurion for sale</a> is hull 13 in the popular Navetta 33 Crescendo series from <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>. The yacht enters the market in impeccable condition, following continual refits since 2020.<img src="https://photo-assets.superyachttimes.com/photo/268455/image/large-f74d28591fb4f4faa5a6558746ce1d33.png" data-gid="gid://syiq/Photo/268455"><a data-gid="gid://syiq/Yacht/4991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centurion32.62m (107'0&quot;)Custom Line2013">Centurion</a> features a streamlined profile which effortlessly combines functionality with an elegant aesthetic. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features interior and exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with naval architecture from her builder <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>. <img src="https://photo-assets.superyachttimes.com/photo/268477/image/large-ab4ac3b2711c60410ef0b0d544df62c9.png" data-gid="gid://syiq/Photo/268477"><img src="https://photo-assets.superyachttimes.com/photo/268461/image/large-3feee7198750ecc2ef59bc30cf2c9027.png" data-gid="gid://syiq/Photo/268461">Built in GRP and to <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> classification at <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>’s state-of-the-art Ancona shipyard, the 184 GT <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> recently completed her ten-year class renewal in April 2023. In 2023, she had a major service of her engines and generators, plus two new intercoolers.<img src="https://photo-assets.superyachttimes.com/photo/268462/image/large-9aacf5004ae936e61f67517502ac04aa.png" data-gid="gid://syiq/Photo/268462"><img src="https://photo-assets.superyachttimes.com/photo/268457/image/large-279f6438a3a3356a245e81680393c3e2.png" data-gid="gid://syiq/Photo/268457">The open-plan main saloon of <a data-gid="gid://syiq/Yacht/4991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centurion32.62m (107'0&quot;)Custom Line2013">Centurion</a> makes use of her full-length picture windows with plush L-shaped sofas that allow guests to take in the panoramic views. Forward of the main saloon is a seating area for up to six guests. <img src="https://photo-assets.superyachttimes.com/photo/268470/image/large-4fe005dd4bd0e76abd9964e46631393c.png" data-gid="gid://syiq/Photo/268470"><img src="https://photo-assets.superyachttimes.com/photo/268471/image/large-6435044c6c53ba30cfc9869cad8b9bbe.png" data-gid="gid://syiq/Photo/268471">With a five stateroom configuration, <a data-gid="gid://syiq/Yacht/4991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centurion32.62m (107'0&quot;)Custom Line2013">Centurion</a> can sleep up to 11 guests. Her full-beam master suite is located on the main deck and includes expansive views, thanks to her large windows, which adorn both her port and starboard walls.<img src="https://photo-assets.superyachttimes.com/photo/268468/image/large-f2ba23e2334c29ed6ce6cfd064b58c34.png" data-gid="gid://syiq/Photo/268468"><img src="https://photo-assets.superyachttimes.com/photo/268467/image/large-47a2a6ada5f1d11ec30c7b2db381db7e.png" data-gid="gid://syiq/Photo/268467">The remaining guest accommodation onboard <a data-gid="gid://syiq/Yacht/4991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centurion32.62m (107'0&quot;)Custom Line2013">Centurion</a> is located on the lower deck and includes one double, two convertibles, and one twin. Each stateroom is light and spacious and comes with an ensuite bathroom.<img src="https://photo-assets.superyachttimes.com/photo/268473/image/large-0c3107222f00d02a228099b108c610d5.png" data-gid="gid://syiq/Photo/268473"> <img src="https://photo-assets.superyachttimes.com/photo/268478/image/large-bd9ed81c2c06a561909c82fb1cf23a69.png" data-gid="gid://syiq/Photo/268478"><a data-gid="gid://syiq/Yacht/4991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centurion32.62m (107'0&quot;)Custom Line2013">Centurion</a> pairs her teak decks with a striking cream GRP hull and white superstructure. She features a plethora of alfresco dining options across her three decks to help maximise the outdoor lifestyle.<img src="https://photo-assets.superyachttimes.com/photo/268474/image/large-a9a7c2f0d30de05c3cc7bb18243893ec.png" data-gid="gid://syiq/Photo/268474"> <img src="https://photo-assets.superyachttimes.com/photo/268480/image/large-f1344618e5ae3cc60cf1fa248a58e100.png" data-gid="gid://syiq/Photo/268480">Key highlights onboard the <a href="https://www.superyachttimes.com/yachts/custom-line/for-sale" rel="noopener noreferrer" target="_blank" title="">Custom Line yacht for sale</a> include two versatile aft deck lounge spaces plus a spacious sundeck designed with entertaining and relaxation in mind. <img src="https://photo-assets.superyachttimes.com/photo/268454/image/large-5d5e6972358650e37ccc310d99858607.png" data-gid="gid://syiq/Photo/268454">In terms of propulsion, <a data-gid="gid://syiq/Yacht/4991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centurion32.62m (107'0&quot;)Custom Line2013">Centurion</a> is equipped with twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which give her a top speed of 18 knots and a comfortable cruising speed of 16 knots.

Navetta 33 Crescendo yacht Centurion for sale

The 33m Custom Line yacht Centurion for sale enters the market in impeccable condition, following continual refits since 2020.

33m Custom Line motor yacht Centurion for sale

<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has announced the sale of a 33.53-metre new-build <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 110 Dolcevita motor yacht. The sale was facilitated by Michel Chryssicopoulos of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>, alongside the owner's team and Markogiannis Law Office. The yacht has an expected delivery date of Spring 2024.<img src="https://photo-assets.superyachttimes.com/photo/41809/image/large-85baeb6da19f1ab1d2e594eb23992702.jpg" data-gid="gid://syiq/Photo/41809">The sleek <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 110 Dolcevita yacht features interior and exterior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design (Mauro Micheli)</a>, in collaboration with the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> engineering department. <img src="https://photo-assets.superyachttimes.com/photo/52730/image/large-b9fc90ebec5ee160adf300be713728c4.jpg" data-gid="gid://syiq/Photo/52730"><img src="https://photo-assets.superyachttimes.com/photo/52729/image/large-301ef3466d0d17a78c200084645d36f0.jpg" data-gid="gid://syiq/Photo/52729">With a five stateroom configuration the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 110 Dolcevita yacht can comfortably sleep up to 10 guests. She also has accommodation for a professional crew of five, across three cabins. <img src="https://photo-assets.superyachttimes.com/photo/41815/image/large-1d0bc9f3bdfdadb630f5133e12626093.jpg" data-gid="gid://syiq/Photo/41815"><img src="https://photo-assets.superyachttimes.com/photo/41813/image/large-4e94ccafb39d85c9250ac681796af07d.jpg" data-gid="gid://syiq/Photo/41813">Key features onboard the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 110 Dolcevita yacht include, an expansive sun deck, an elegant alfresco dining area and a second helm sheltered under a hardtop bimini.<img src="https://photo-assets.superyachttimes.com/photo/41808/image/large-d307c2932f6df3d2d0aaa4df2a3b9cd7.jpg" data-gid="gid://syiq/Photo/41808">Performance-wise, the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 110 Dolcevita yacht 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, which propel her to a top speed of 26 knots and a cruising speed of 23 knots. <img src="https://photo-assets.superyachttimes.com/photo/34704/image/large-594f762e635d0eb3457307c1baba558a.jpg" data-gid="gid://syiq/Photo/34704">Once delivered, the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 110 Dolcevita yacht will join <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>'s charter fleet.

New-build Riva 110 Dolcevita yacht sold

A new-build Riva 110 Dolcevita motor yacht sold with IYC. She has an expected delivery date of Spring 2024.

34m new-build Riva 110 Dolcevita motor yacht sold

Italy-based builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally Yachts</a> has announced the launch of the first 30.48-metre <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom sailing yacht. The launch took place on Saturday 22 April in Marina di Ravenna, Italy and the cruiser racer is inspired by the Wallycento box rule of creating light displacement yachts with powerful sail plans and planing hulls.<img src="https://photo-assets.superyachttimes.com/photo/267497/image/large-9c7b26c436f6602312070c8659794f8c.jpg" data-gid="gid://syiq/Photo/267497">Built from a carbon fibre sandwich and weighing in at only 56-tonnes, the yacht is set to be a high speed racing yacht. She features exterior design by <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a> with naval architecture by <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel / Vrolijk &amp; co</a>. <img src="https://photo-assets.superyachttimes.com/photo/218134/image/large-17fe93c03ba877ef7ddeb6f8e80235e1.jpg" data-gid="gid://syiq/Photo/218134">“I’m extremely proud of the results achieved with the <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom. The light ship displacement is just 55 tonnes, almost 15 percent less than yachts of similar size and configuration, and with 40 percent of the total weight placed in the keel,” explained <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Founder and Chief Designer, Luca Bassani. “This achievement is accomplished thanks to the latest carbon fiber technology pioneered and developed over the years by <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, using a high - tech sandwich composite with pre-preg carbon fibre.”<img src="https://photo-assets.superyachttimes.com/photo/267500/image/large-7d23d9e84edbb47c86a6217513c3c867.jpg" data-gid="gid://syiq/Photo/267500">The <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom yacht combines high-performance with a family-friendly interior layout from <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a>. She features a cockpit saloon seating area for up to eight guests with an aft deck sunbathing area. Her saloon area includes a living and dining area with seating for up to 12 guests.<img src="https://photo-assets.superyachttimes.com/photo/267499/image/large-b2b3ccfbd6ccf55d96410f77808db8ab.jpg" data-gid="gid://syiq/Photo/267499">The <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom yacht is able to accommodate up to six guests across three staterooms, with two ensuite guest staterooms and an owner’s suite, complete with an ensuite bathroom and a walk-in wardrobe.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/54606" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In Pictures: The Wally 101 in-build (2022-02-17 09:00:00 +0100)">In Pictures: The Wally 101 in-build<img src="https://photo-assets.superyachttimes.com/photo/267496/image/large-0d6d1edacbfc3f953c4dbdbb4b8f681f.jpg" data-gid="gid://syiq/Photo/267496"></a>The new full custom yacht features the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Enhanced Hydraulic System comprising multiple hydraulic pumps technology to further speed up sail handling. The lifting keel increases the draft from 4.70-metres to an extraordinary 6.80-metres, for unparalleled upwind performance.<img src="https://photo-assets.superyachttimes.com/photo/267498/image/large-eaca3101f90b76ac6fb72162e86d0fad.jpg" data-gid="gid://syiq/Photo/267498">The new <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom can easily reach high performance at all speeds and in all configurations. When not sailing, the 425 horsepower engine will provide a top speed of 11.5 knots.<img src="https://photo-assets.superyachttimes.com/photo/193397/image/large-35fdbe7472e614caca472d069096f148.jpg" data-gid="gid://syiq/Photo/193397">"This is the 48th full-carbon sailing superyacht built by Wally, continuing the company’s remarkable contribution to the advancement of sailing design and technology,” commented Stefano de Vivo, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Managing Director. “Launching a fully custom 101 is a great milestone for us, which demonstrates once again the ability of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> to always place themselves at the forefront , even in the competitive market of sailing superyachts."

First 30m wally101 Full Custom sailing yacht launched

Wally Yachts has announced the launch of the first 30m wally101 Full Custom sailing yacht in Italy.

The SuperYacht Times Synopsis, brought to you by <a href="https://www.superyachttimes.com/yachting-intelligence" target="_blank">SYT iQ</a>, gives you a rundown of the top business stories from last month.News in brief&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/261220/image/large-124b481e4d353d7657612aa44ec07060.jpg" data-gid="gid://syiq/Photo/261220"><a data-gid="gid://syiq/Article/57131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire 112m Explorer: Spain’s largest superyacht nears completion (2023-03-13 10:00:00 +0100)">Freire 112m Explorer: Spain’s largest superyacht nears completion</a>&nbsp; &nbsp;The Freire 112m Explorer, hull number NC724, nears completion as she moves to be painted and outfitted, ahead of delivery later this year. &nbsp;<a data-gid="gid://syiq/Article/57281" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="78m Lürssen superyacht Ace 21 spotted for the first time (2023-03-31 15:30:00 +0200)">78m Lürssen superyacht Ace 21 spotted for the first time</a>&nbsp;&nbsp;The 78-metre superyacht spans five decks and is expected to have around 2,500 GT of interior volume. She will likely be delivered next year.&nbsp;<a data-gid="gid://syiq/Article/57094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral signs new 88m Espen Øino-design superyacht Project Spyder (2023-03-07 17:00:00 +0100)">Admiral signs new 88m Espen Øino-design superyacht Project Spyder</a>&nbsp;&nbsp;<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>, in collaboration with <a data-gid="gid://syiq/Company/6336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kitson Yachts (Company)">Kitson Yachts</a>, has secured the sale of the new 88-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht Project Spyder.&nbsp;<a data-gid="gid://syiq/Article/57074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Update: Sanctioned Russian billionaire Andrey Guryev denies ownership of 82m Alfa Nero superyacht (2023-03-30 17:30:00 +0200)">Update: Sanctioned Andrey Guryev denies ownership of 82m Alfa Nero</a>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> will go to auction if remains unclaimed. She's been left abandoned in Falmouth Harbour for longer than a year now.&nbsp;<a data-gid="gid://syiq/Article/57048" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco unveils new 131m superyacht concept Aeolus at DIBS 2023 (2023-03-01 17:15:00 +0100)">Oceanco unveils new 131m superyacht concept Aeolus at DIBS 2023</a> &nbsp;Named after the Greek god of the wind, Aeolus features exterior design by Giles Taylor with naval architecture from the boards of <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">Big five Business reads<img src="https://photo-assets.superyachttimes.com/photo/192118/image/large-739ebb232bb40646a582286340b4632e.jpeg" data-gid="gid://syiq/Photo/192118"><a data-gid="gid://syiq/Article/57162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine (2023-03-16 10:15:00 +0100)">Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine</a>&nbsp;&nbsp;During its “Road to 2030” presentation, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlonrenzo</a> detailed its strategy toward a carbon-neutral future, confirmed its strong financial health and announced its intention to acquire <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>.&nbsp;<a data-gid="gid://syiq/Article/57102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group reports net revenue of over €1 billion in 2022 (2023-03-08 16:15:00 +0100)">Ferretti Group reports net revenue of over €1 billion in 2022</a> &nbsp;The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reports strong financial health and remarkable growth across all areas in 2022 compared to 2021, with a net revenue of over €1 billion in 2022.&nbsp;<a data-gid="gid://syiq/Article/57230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Second construction phase underway at Dutch Superyacht Tech Campus in Amsterdam (2023-03-24 10:45:00 +0100)">Second build phase underway at Dutch Superyacht Tech Campus in Amsterdam</a>&nbsp;Phase two: building docks one, two and three next month, with completion expected by June 2023. In the coming weeks, work should also commence on the quays and floating pier.<a data-gid="gid://syiq/Article/57246" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas acquires Savannah Yacht Center (2023-03-28 10:45:00 +0200)">Safe Harbor Marinas acquires Savannah Yacht Center</a>US-based marina operator <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a> has acquired the superyacht refit, repair and maintenance facility <a data-gid="gid://syiq/Company/1868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah Yacht Center (Company)">Savannah Yacht Center</a>.&nbsp;<a data-gid="gid://syiq/Article/57098" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bigger, better, faster: The return of Cantieri di Pisa with CEO Marco Massabò (2023-03-08 14:30:00 +0100)">Bigger, better, faster: The return of Cantieri di Pisa with CEO Marco Massabò</a> &nbsp;The shipyard was bought 18 months ago and is back in business, with a fleet of new projects under its new leadership. SuperYacht Times sat down with CEO Marco Massabò to hear all about it.<img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">Major Launches<img src="https://photo-assets.superyachttimes.com/photo/260911/image/large-2215daa811318716c954a3c5b8bffad7.jpg" data-gid="gid://syiq/Photo/260911"><a data-gid="gid://syiq/Article/57099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Cosmos: 114m Lürssen superyacht Project 13759 launched (2023-03-08 13:30:00 +0100)">Project Cosmos: 114m Lürssen superyacht Project 13759 launched</a>&nbsp; &nbsp;Project Cosmos will be the first Lürssen superyacht to feature the new fuel cell technology that the shipyard announced in April 2021. &nbsp;<a data-gid="gid://syiq/Article/57251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts 75m superyacht Infinite Jest launched (2023-03-29 09:15:00 +0200)">Turquoise Yachts 75m superyacht Infinite Jest launched</a> &nbsp;Touching the water on 27 March, the superyacht features an 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 Yacht Design</a>, while Dutch studio <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a> penned her interiors.&nbsp;<a data-gid="gid://syiq/Article/57124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="72m CRN 139 superyacht launched in Italy (2023-03-13 16:30:00 +0100)">72m CRN 139 superyacht launched in Italy</a>&nbsp;She features 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 Yacht Design</a>. Her interiors were handled by Nuvolari Lenard, while her builder <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> developed the naval architecture. &nbsp;<a data-gid="gid://syiq/Article/57106" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Feadship 823 superyacht launched (2023-03-18 13:45:00 +0100)">67m Feadship 823 superyacht launched</a>&nbsp;Feadship 823 is expected to have more than 2,000 GT of interior volume. <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a> designed her exterior and interior, with 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</a>.&nbsp;<a data-gid="gid://syiq/Article/57184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Rossinavi’s 66m Vitruvius superyacht Alchemy launched (2023-03-22 14:45:00 +0100)">Video: Rossinavi’s 66m Vitruvius superyacht Alchemy launched</a> &nbsp;The <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> motor yacht, also known as Hull FR044 is based on the <a data-gid="gid://syiq/Company/1405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitruvius Ltd (Company)">Vitruvius</a> Lifestyle yacht design and was developed and completed entirely over Zoom in December 2019.<img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">State of Yachting 2023<img src="https://photo-assets.superyachttimes.com/photo/263651/image/large-1e400a59ff13cb361726a080e9c0850d.png" data-gid="gid://syiq/Photo/263651"><a data-gid="gid://syiq/Article/57270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The State of Yachting 2023: Available for free download now (2023-04-03 08:00:00 +0200)">The State of Yachting 2023: Available for free download now</a>&nbsp;&nbsp;For the past eight years, SuperYacht Times has been publishing The State of Yachting, the industry's foremost market report, which tracks the yachting industry through our data intelligence system SYT iQ. <a href="https://www.superyachttimes.com/market-reports/the-state-of-yachting-2023" rel="noopener noreferrer" target="_blank" title="">You can download The State of Yachting 2023 now</a><img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">How To Build It: Issue 2<img src="https://photo-assets.superyachttimes.com/photo/263173/image/large-b6c3f89886c5ea97f9247db23d95cd10.png" data-gid="gid://syiq/Photo/263173"><a data-gid="gid://syiq/Article/57248" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="How to Build It: Issue 2 launched and available for free download! (2023-03-29 08:00:00 +0200)">How to Build It: Issue 2 launched and available for free download!</a>&nbsp;&nbsp;This edition includes many of the features of our first issue, which was launched in September, but we have worked over recent months to further refine the styling and content. <a href="https://www.superyachttimes.com/magazine/how-to-build-it-issue-2" rel="noopener noreferrer" target="_blank" title="">Download it for free</a>. &nbsp;

 SuperYacht Times Synopsis March

The SuperYacht Times Synopsis, as brought to you by SYT iQ, gives you a rundown of the top business stories and market reports from last month. 

SYT Synopsis March: Flagships, fuel cells, sanctions and €1b backlogs

<a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a> promises a spectacular lineup this year – but there’s one yacht in particular that you shouldn’t miss: the 41.8-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> superyacht <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a>. <img src="https://photo-assets.superyachttimes.com/photo/261905/image/large-98ffedb00091b5ccacbbdea028d10712.png" data-gid="gid://syiq/Photo/261905"><a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a>, designed by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, was delivered in 2020 and is being presented at <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a> by <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a>. She’s <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>’s flagship and is an exciting opportunity as she’s never been chartered and was sold in under two months last time she joined the market.&nbsp;<a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> has been involved in over 250 superyacht transactions in the past couple of years. As well as being the authorised <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> dealer, <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> is also the exclusive US dealer for <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, and Itama. While <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> is prolific in the 50-85 foot range, it's also a specialist in the 24-metre category.&nbsp;SuperYacht Times joined the team to hear the five key reasons why <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> shouldn’t be missed at the <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a>. <img src="https://photo-assets.superyachttimes.com/photo/261906/image/large-e3f3dcbf2bf8bb8622e6b3b1379fd651.png" data-gid="gid://syiq/Photo/261906">Designed for the family&nbsp;<a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> is great – truly a family yacht. She has plenty of volume, amenities and all the features the whole family could need. Her bow has a stunning entertainment area for sunset lounging, while her tri deck barbeque, Jacuzzi and summer kitchen is the perfect place to host gatherings. The upper deck saloon is ideal for late-night movies and her alfresco dining area is private and intimate. She’s incredibly versatile and accommodating.&nbsp;Her large 350 GT of volume makes a flexible and enjoyable platform for a family of six with guests, without feeling crowded. <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> can sleep 10 guests across five staterooms, consisting of a master and four queens. She can also carry seven crew.<img src="https://photo-assets.superyachttimes.com/photo/237090/image/large-fcaa47268e249ff1181bc2ee998fc8a4.jpeg" data-gid="gid://syiq/Photo/237090"><img src="https://photo-assets.superyachttimes.com/photo/237091/image/large-06ee02f86bd322bc389ee19461696d17.jpeg" data-gid="gid://syiq/Photo/237091">Born for the USAWe expect with the very limited supply of late-model fibreglass Tri Deck yachts she won’t last long, we have seen two offers this week since joining the market. The last time she traded hands in the brokerage market it was the perfect timing and location — she was sitting in the prestigious Monaco Yacht Show. Today, she’ll be sitting in the great <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach Boat Show</a> where the crowd also craves tri-deck yachts with huge volumes.She also has a muscular profile and was custom-built with American-style bars on every level and upgraded AV in all areas. Guests will feel equally at home watching sports or turning the yacht into a music lounge. The expansive skybridge has a hot tub for 10 with ample sun lounges, alfresco dining, another bar, and expansive views. The beach club and host of water toys allow for easy watersports activities.<img src="https://photo-assets.superyachttimes.com/photo/237102/image/large-8ee3a9af63b07be4f1150d8f3e593031.jpeg" data-gid="gid://syiq/Photo/237102"><img src="https://photo-assets.superyachttimes.com/photo/237101/image/large-d33b537625c2db8190a9fc8402f59d78.jpeg" data-gid="gid://syiq/Photo/237101">Entertainment at sea level&nbsp;The beach club on <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> is unique because it’s truly private. The owner and guests can come from the main deck cockpit area to the beach club and entertain at sea level without having crew passing through. The space is large and comfortable enough to spend part of your day looking into the bliss without obstructions. This feature is something typically found on yachts over 50-metre but <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has been able to incorporate this into the design of <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a>, this 42M Navetta.<img src="https://photo-assets.superyachttimes.com/photo/237081/image/large-7a1c646baebf63ea470fd0b4be5f7235.jpeg" data-gid="gid://syiq/Photo/237081"><img src="https://photo-assets.superyachttimes.com/photo/237077/image/large-40a8e1e72dd0625169818fae560fb66e.jpeg" data-gid="gid://syiq/Photo/237077"><img src="https://photo-assets.superyachttimes.com/photo/261910/image/large-c79fdf80ac4619ec19a8f12cd5bc8d90.png" data-gid="gid://syiq/Photo/261910">Gastronomy and sea viewsBuilt for comfort and safety the yacht's interior offers large windows and loads of sunlight to bring the outdoors in and has massive exterior spaces for an owner and their guests to enjoy. <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> has many areas dedicated to dining, whether that’s a light morning bite or formal sit-down dinner for all the guests. She was also designed with a large galley to make food and service prep easy for crew, thus further enhancing the experience of those onboard.<a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti’s</a> commitment to delivering an astounding dining experience and her immense volume awakens the appetite for those looking for a charter yacht. She’s a perfect candidate. Yet, despite this, she’s only been used privately and is therefore presented to the market as new with none of the associated charter wear and tear. <img src="https://photo-assets.superyachttimes.com/photo/237078/image/large-a33de692335eb154d7f4ca9a2e064a88.jpeg" data-gid="gid://syiq/Photo/237078"><img src="https://photo-assets.superyachttimes.com/photo/261908/image/large-390fe5d4a4ac5a6353976383176025d7.png" data-gid="gid://syiq/Photo/261908">Silent freedomFor those looking for light exploration, <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> is the perfect choice. She has a range of 3,800 nautical miles at 11 knots and is capable of speeds in excess of 16 knots. This in itself isn’t exceptional, but the fact that her twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> C-32s burn only 40 gallons per hour at 10.5 knots making her deadly silent is. Long-distance explorations are both comfortable and peaceful.&nbsp;<a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> also holds a 6.25-metre tender that owners and guests can use to explore further flung regions, or for darting in and out of ports and enclaves of the coastline that they’re visiting. <img src="https://photo-assets.superyachttimes.com/photo/237087/image/large-6387d144d5a3ab8510f167168c06e525.jpeg" data-gid="gid://syiq/Photo/237087"><img src="https://photo-assets.superyachttimes.com/photo/261907/image/large-564596942426067191c1d5318461055c.png" data-gid="gid://syiq/Photo/261907">—----------<a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> is presenting an extensive collection of brokerage yachts and new <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> yachts either physically or digitally. There is a wide range of vessels on Ramp 5 of the show, including the 2022 74’ <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> Double or Nothing, the 2020 <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 90' Argo and the classic 2006 123' <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a> <a data-gid="gid://syiq/Yacht/2056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Invictus37.49m (122'12&quot;)Palmer Johnson Yachts2006">Invictus</a>.&nbsp;As <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> represents both new and brokerage yachts, its customers can bounce between ranges or have several completely different new or brokerage yachts – and, ultimately, stay within the <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> family. The brokerage house offers many new and unique projects, bringing intrigue to its clients.&nbsp;“Last year, as an example, we sold a Riva 102’ Corsaro at <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach</a> – the evolution of the popular Riva 100’ Corsaro – despite the yacht not physically being there,” &nbsp;Sean Fenniman of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> said. “We presented the yacht digitally and the client fell in love with the new open stern and decided to purchase the yacht there and then.”

Five reasons to visit Botti at PBIBS 

SYT investigates the five reasons why you should visit the 42m superyacht Botti at PBIBS,

business-partner-content-large-articles#0

Five reasons why the 42m superyacht Botti shouldn’t be missed at Palm Beach International Boat Show

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> annual Convergence occurred from 14 to 17 March in Courmayeur, situated at the foot of Mont Blanc. This event is designated for captains and chief engineers of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> yachts. It provides the opportunity to meet and get up to speed on various subjects, from the industry’s performance to possible future scenarios in the field of environmental sustainability and energy transition.<img src="https://photo-assets.superyachttimes.com/photo/263039/image/large-78d3aa7afe3bdbaf21892508a58a1942.jpg" data-gid="gid://syiq/Photo/263039"> The first day commenced with welcomes and presentations from <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Alberto Galassi and Chief Commercial Officer Stefano de Vivo, who outlined the latest financial results, and the new models and projects currently under construction. Presentations particularly focused on <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti’s</a> commitment to sustainability, which is a core value at the forefront of the Group’s activities, from emissions reduction to the energy transition.&nbsp;The second day was devoted to training, featuring panel discussions led by management together with world-class partners and experts. There were two sessions, the first being about “Propulsion systems and alternative fuels, with a view to environmental sustainability and compliance with new regulations.” The second session honed in on “Prevention of and response to onboard accidents, with a special focus on managing accidents caused by lithium batteries and new alternatives to hydrocarbon-derived fuels”. In both sessions, the audience could ask questions and provide feedback via an interactive app, which encouraged participation and resulted in thought-provoking and educational discussions.<img src="https://photo-assets.superyachttimes.com/photo/263038/image/large-9207570ca9ed1f4baf7b3753332a1fdd.jpg" data-gid="gid://syiq/Photo/263038">Stefano de Vivo, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> Chief Commercial Officer, commented “The first in-person Convergence after two years online demonstrated the absolute importance of this event as a generator of know-how and team spirit. The discussion among more than one hundred captains and chief engineers was both interesting and satisfying, because the ability of yachting professionals to work as a team and exchange insights is a core driver of the success of both Ferretti Group and its yachts. Convergence is an event that leaves us better informed, better motivated and better able to offer our owners an even safer and more rewarding yachting experience”&nbsp;Main partners <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a>, <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>, Simrad, <a data-gid="gid://syiq/Company/3601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sleipner Motor AS (Company)">Sleipner</a> and <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> made a huge contribution to the event, along with technical sponsors Amare Group, <a data-gid="gid://syiq/Company/3524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asea Power Systems (Company)">Asea Power Systems</a> and <a data-gid="gid://syiq/Company/7073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fratelli Canalicchio (Company)">Fratelli Canalicchio</a>. They were joined by an exclusive selection of partners, including <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a> marina, Range Rover and the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a>. Range Rover offered guests the opportunity to visit the Range Rover House, and take a spin on the New Range Rover Sport on a snow-covered track.

Ferretti Group’s Convergence 2023 

Ferretti Group’s annual Convergence took place from March 14 to 17 in Courmayeur, situated at the foot of Mont Blanc.

The 2023 Convergence event for captains and chief engineers by Ferretti Group 

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced their new project Scuola dei Mestieri (School of Trades), a professional training course for 18 to 30-year-olds looking to build a career in boatbuilding.<img src="https://photo-assets.superyachttimes.com/photo/263034/image/large-67848c46907f1bd04f21730f85a281ec.jpeg" data-gid="gid://syiq/Photo/263034">The course combines theory and experience in the yard, with the programme offering classroom sessions and workshops to on-the-job training in production department. The course aims to create real career opportunities for participants, such as naval carpentry, deck fitting, engine mechanics, the list goes on.The first edition of the three-month course officially launched in March, and will be held at the “Don Bosco” Professional Training Centre in Forlì. After this first stage in Forlì, the Scuola dei Mestieri will move to Mondolfo and Sarnico in September to involve more young people in the new project. As a world leader in the design, construction, and sales of luxury yachts, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> will share their expertise to the participants. The classroom courses will be held by managers and key technical experts who have worked in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/263033/image/large-8e97e43859dcc4c1858444f989e3b0af.jpeg" data-gid="gid://syiq/Photo/263033">“We see it as our duty towards the community, as well as a pleasure, to share the precious expertise acquired over the years by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> with young people keen to embark on this adventure, which we hope will be the beginning of a fruitful and long-term career,” announced the Company. “In September, following the kick-off in Forlí, the format will be used in the Mondolfo and Sarnico yards to train carpenters and mechanics respectively. We are extremely glad to be able to contribute in this way to the formation of a new generation of skilled workers.&nbsp;The three-month course is paid as if it were an extra-curricular internship. At the end of the three months, participants will receive certificates from both the company and the local government.

Ferretti Group announces new project Scuola dei Mestieri

Ferretti Group has announced their new project Scuola dei Mestieri (School of Trades).

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has acquired a 70,000 square-metre located production site in Ravenna, Italy, which was financed entirely with equity raised by the company’s listing on the Hong Kong stock exchange.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is a world leader in the design, construction, and sales of luxury yachts. Led by Chief Executive Officer Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> owns and manages seven shipyards across Italy and has recently announced the acquisition of a new production facility in San Vitale, province of Ravenna.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/205162/image/large-55c378269a7c50145cf5561442898726.jpeg" data-gid="gid://syiq/Photo/205162">“Ravenna is the right home for Wally sailing yachts and the expansion of our other brands, starting with the extraordinary <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Yachts<a data-gid="gid://syiq/YachtModel/12694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti InFYnito 9026.97m (88'6&quot;)">&nbsp;INFYNITO&nbsp;</a>range. We choose Italy again and invest not only to become stronger but also to hold the flag high for an industry that is a symbol of our country: luxury yachting and the extensive entrepreneurship and artisan craftsmanship network that is the admiration and envy of the entire world,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, &nbsp;Alberto Galassi. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">The Ferretti Group</a> will invest a total cost of 80 million euros towards the 70,000 square-metre site, including a dry dock. The initial acquisition investment cost the Italian company around 40 million euros, while over the next three years, a further 40 million euros will be needed to craft new production spaces and an R&amp;D centre.&nbsp;This acquisition underpins the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> ambitions and growth strategy, with this recent facility looking to enable them to increase their production by 20%. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group&nbsp;</a>CEO Alberto Galassi explains how this “acquisition keeps a promise” as <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> “have big plans and picture a state-of-the-art production site from every point of view: worker well-being, positive social impact, and environmental protection.” The new space is conveniently close to their Forlì headquarters and Cattolica shipyard. Other investments from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> have included expansions across the La Spezia and Ancona Superyacht Yard, which aligns with the Italian company’s five-year growth strategy.The acquired production site has been speculated to be that of the<a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)"> Rosetti </a>shipyard.&nbsp;

Ferretti Group expands and acquires a Ravenna site

Ferretti Group acquires a production site in Ravenna, forming part of their five-year growth strategy.

