Spain

Gimena Mazzeo Caneda

For potential superyacht owners, the question of whether to <a href="https://iyc.com/new-yacht-building/" rel="noopener noreferrer" target="_blank" title="">purchase a new-build&nbsp;</a>or brokerage yacht is a vital one. On the one hand, they must consider the increased build and delivery time of a new build vessel compared to a used yacht, and, on the other, the option to customise the vessel to make it exactly as you desire through the new build process is an appealing one.&nbsp;However, when you take into account the option of buying a new-build vessel already under construction - therefore drastically reducing the build and delivery time - the advantages of buying new-build are clear. For a start, going for a new-build project enables you to take advantage of the latest technology and tailor your superyacht precisely to your tastes. If you are <a href="https://iyc.com/luxury-yacht-charters/" rel="noopener noreferrer" target="_blank" title="">looking to charter,</a> choosing the new-build option will play in your favour as the newest boats are in the highest demand on the charter market. <img src="/uploads/store/photo/41022/image/large-0e0794f72b47f9093fa018bc358bfcb2.jpg" data-gid="gid://syiq/Photo/41022">To gain expert insights into this question, we speak to the Managing Partners of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> Monaco, Mathilde de Roffignac and Kevin Bonnie and find out more about the pros of buying new-build and the process behind it.&nbsp;For potential owners, the idea of building a new build yacht doesn’t need to be a daunting one. <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> is one of the world’s largest international yachting companies operating in 13 locations worldwide with specialised representatives to accompany and guide the owner and their team through the entire new-build process. We find out more from Kevin and Mathilde about how they support concept definition, shipyard selection, negotiations and technical specifications, contracting, build management, delivery and post-delivery.&nbsp;What would you say is the main advantage of buying new-build?&nbsp;Mathilde de Roffignac:&nbsp;You can adapt very well to owners’ specific needs by building new. For example, if you have a client who is looking to explore cold destinations, then your typical charter Med boat with a lot of exterior space is not what you need, as you need covered spaces and extra space for your toys.&nbsp;There is also a trend for owners that are looking for off-track navigations and there you really want to have a perfect boat to do so. You don’t want to make an existing boat try to adapt to your programme. &nbsp;There are often specific requirements which come from certain navigation programmes, and these can be best met through new-build.&nbsp;What is your opinion on the new-build market from 2018?Kevin Bonnie: The new-build market is extremely strong at the moment, with the majority of pedigree shipyards nearing their full capacity.Mathilde de Roffignac:&nbsp;The new-build market is very busy at the moment with a lot of shipyards with strong order books. They are very busy after a down period following the crash, as it took some time to recover. The brokerage market reduced and it’s only natural for the new-build market to catch up once you have less on offer on the brokerage market. Owners are looking for their perfect boat so if the supplier is not there, you need to turn to new-build. <img src="/uploads/store/photo/40968/image/large-de42cc57102f06698f7436074d71476d.jpg" data-gid="gid://syiq/Photo/40968">What about the potential issue of the increased delivery time for owners when they decide to go for a new-build boat over a used boat?&nbsp;Kevin Bonnie: One constant that never changes over time is that clients are not willing to wait for 3-4 years for a new yacht. With several pedigree shipyards at capacity, the opportunity to purchase a yacht that is already under construction will become increasingly scarce but will always remain appealing.Mathilde de Roffignac: These half-built projects are very interesting. You have less of a wait because you have an existing hull and superstructure; you already have a spec, a good base and you can win a year and a half in the build programmes, so you're gaining on the engineering and development of the project. A new-build owner will often be an experienced owner who has a very clear idea of what he or she wants, or is experienced due to charter experience. Of course, you do need to be somewhat patient, especially with busy shipyards, but it’s just more about maturing your needs and being very precise with what you want so that you’re ready for a new-build.<img src="https://sya.superyachttimes.com/uploads/store/photo/41029/image/large-ec0aabad688bde4246cfe652ecb516e6.jpg" data-gid="gid://syiq/Photo/41029">Finally, what is unique about&nbsp;<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>&nbsp;in terms of your expertise on the new-build market?Kevin Bonnie: Each new-build project requires a specialised team based on the clients’ demands, and this is what we can provide at <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>: the ideal team to match the clients’ needs.&nbsp;Mathilde de Roffignac: At <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>, we have the combined experience within the team including both our yacht managers, as well as the team that has been on board yachts actually operating boats with captains. Thanks to our technical expertise, we can help the buyer get the right specification in the first place, ensure that they have good longevity with the boat and efficient operation, and, of course, we make sure that buyers enter into a contract with a shipyard in the best possible conditions for them. In short, we have the right network and specialists to follow the whole new-build construction process and guide our owners through it at every stage.&nbsp;What are some of the new-build projects&nbsp;<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>&nbsp;are representing at the moment?Icon 280&nbsp;At 84 metres, this in-build project from <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">Icon</a> yachts boasts true Dutch build pedigree in combination with a stylish, classic exterior design by renowned British designer <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a>. This is alongside naval architecture from <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a> and an interior from the drawing boards of Mallorca-based designer, <a data-gid="gid://syiq/Company/5055" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gimena Mazzeo Caneda (Company)">Gimena Mazzeo Caneda</a>, after she was lengthened from 76 to 84 metres last year.&nbsp;For potential owners, the Icon 280 offers a short delivery time - it can be ready for 2021 - and, for those who want to tailor this head-turning vessel to their tastes, it’s easy, as her new owner would have the opportunity to customise the interior to fit their exact requirements and style. Thanks to her range of 5,500 nautical miles at a cruising speed of 13 knots and onboard accommodation for up to 19 guests, Icon 280 marries ocean-crossing, explorer capabilities with classic style and superyacht comfort.<img src="/uploads/store/photo/40969/image/large-2bf30335426b022e58ca111741eeb1a1.jpg" data-gid="gid://syiq/Photo/40969">Simon Fraser&nbsp;A former coast-guard vessel built by <a data-gid="gid://syiq/Company/2158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burrard Dry Dock (Company)">Burrard Dry Dock</a>, the 62-metre motor yacht Simon Fraser&nbsp;is currently being converted into an explorer yacht at the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> yard in Livorno, with <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> executing the conversion. With exterior lines and interior design by the UK-based studio <a data-gid="gid://syiq/Company/372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kirschstein Designs Ltd (Company)">Kirschstein Designs</a>, her future owners will be able to customise the interior design to create the perfect go-anywhere yacht for themselves and up to 24 guests.&nbsp;This world-class cruiser has a build time of two years and will be a fully-fledged <a href="https://iyc.com/yacht-types/explorer-and-expedition-yachts/" rel="noopener noreferrer" target="_blank" title="">expedition yacht&nbsp;</a>upon completion perfect for the next generation of adventurous owners, with an Ice Class hull, submarine garage, touch and go helipad with refuelling station and oceangoing range of 11,000 nautical miles at 10 knots. <img src="/uploads/store/photo/72486/image/large-b54e52d1e2a51f47590d8a3cb5d0545d.png" data-gid="gid://syiq/Photo/72486">PJ World&nbsp;Currently under construction at the Norwegian shipyard <a data-gid="gid://syiq/Company/4844" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westcon (Company)">Westcon</a>, this 81.4-metre steel-hulled superyacht was conceived back in 2009 and designed by Italian studio <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a> with <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce Marine</a> designing an innovative drive system, including two diesel engines delivering a top speed of 16.5 knots, a cruising speed of 12 knots and an incredible range of 10,500 nm at 10 knots.<img src="/uploads/store/photo/17062/image/large-aa54acbeaca4f1b3c68a0ac7f14c846a.jpg" data-gid="gid://syiq/Photo/17062"> With a polar class hull, upon completion PJ World will cruise the globe with complete autonomy, thanks to complex self-sustaining systems on board that make her a true explorer vessel. Accommodating 14 guests across seven staterooms and a crew of 27 to support them, she will also come complete with a submarine garage and helipad with refuelling station, as well as a wellness centre. Her future owner will also have the opportunity to choose a custom interior to ensure that PJ World suits their needs. <img src="/uploads/store/photo/72135/image/large-72b300cebea2a34ddd5f1c5f3d5a5443.jpg" data-gid="gid://syiq/Photo/72135">Supernova 55&nbsp;There is also the custom Cosmo Explorer Supernova 55. With construction work already well advanced on the vessel by <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> at the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> yard in Livorno, this modern superyacht offers an ideal opportunity for a buyer looking for a new build to make their own, with the option of developing a fully custom interior to go with her stylish exterior lines by Italian designer <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto</a>.Built to ABS class, Supernova 55 brings together luxury with explorer capabilities and includes six generous staterooms, a large observation deck with gym and Jacuzzi and an on water beach club. Her 5,000 nautical mile range, helipad and refuelling station and submarine garage mean she is the ideal match for a future owner looking to explore all four corners of the globe on a vessel tailored perfectly to their requirements. <img src="/uploads/store/photo/101795/image/large-9629d4b6f05d09343c00188980ae368f.jpg" data-gid="gid://syiq/Photo/101795">Galileo 80, Galileo 70, C Force 65mFinally, <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has been appointed as the exclusive sales representative of three new <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> projects: Galileo 80, Galileo 70 and the C Force 65m. The 80-metre Galileo 80 with a sleek <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>-designed profile offers an impressive array of amenities such as a spacious beach club, indoor gym, Jacuzzi and helipad spread out over five decks. Across 70-metres, Galileo 70 boasts a large main-deck pool, stylish interiors and has an outstanding range of 6000 nautical miles. <img src="https://sya.superyachttimes.com/uploads/store/photo/102735/image/large-32cb0f804a195b712e3f1cf822ec4732.jpg" data-gid="gid://syiq/Photo/102735"><img src="/uploads/store/photo/102736/image/large-6ff21231d25ff29d6b773afb65dc625d.jpg" data-gid="gid://syiq/Photo/102736">The C Force 65m is another new and exciting <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> project built and designed with The Italian Sea Group. With two skylounge deck Jacuzzis, a gym with spa and a beach club, guests are promised a first-class onboard experience. <img src="/uploads/store/photo/102734/image/large-8084742d66f76c776c9c4b75106a592d.jpg" data-gid="gid://syiq/Photo/102734">To find out more about new builds with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> and the wide range of services they offer, contact the company directly using the details below.&nbsp;

Exploring new build yachts with IYC

IYC Monaco's Managing Partners share their expert insights on the topic of buying new-build yachts.

The benefits of buying new-build yachts with IYC

The 84-metre project has been kept under wraps to date, but the Dutch shipyard recently invited brokers to view the build and infrastructure upgrades&nbsp;underway&nbsp;at its facility in Harlingen.<img src="/uploads/store/photo/40967/image/large-2e66e14c065fbbbe6d90e3966b14f77b.jpg" data-gid="gid://syiq/Photo/40967"><a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">Icon Yachts</a>’ largest project to date is based on an existing 76-metre hull and superstructure designed by <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a>, but in the last 12 months it has undergone a comprehensive redesign in collaboration with the British designer and <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>.<img src="/uploads/store/photo/41025/image/large-942c2825a58832716c13a0587cfc1c5e.jpg" data-gid="gid://syiq/Photo/41025">Along with the <a data-gid="gid://syiq/Article/48733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Icon Yachts to implement new floating docks for refits (2018-07-10 13:45:00 +0200)">shipyard’s investment in a new 130-metre dry dock</a> due for completion before the end of the year and the hiring of an additional 25 personnel, the ICON 280 project represents part of a wider strategy as the brand looks to expand both its new-build and refit capacity. The major welding work is complete and the piping and wiring are due to start shortly, with completion scheduled for summer 2020.<img src="/uploads/store/photo/41029/image/large-ec0aabad688bde4246cfe652ecb516e6.jpg" data-gid="gid://syiq/Photo/41029">The principle modification has been the lengthening of the hull to 84 metres, with a completely new bow shape forward of the forepeak bulkhead to accommodate a helipad, a new bulbous bow, and an extension of the aft section to house a large infinity pool on the main deck and a beach club below. In particular, for the stability calculations van Oossanen had to take into account the addition of the 6.8m pool with a capacity of over 30,000 litres and dump tank immediately below it.<img src="/uploads/store/photo/40969/image/large-2bf30335426b022e58ca111741eeb1a1.jpg" data-gid="gid://syiq/Photo/40969">“The new bow and transom design were quite a challenge and involved adding around 165 tons of steel,” says Perry van Oossanen, who was brought in to oversee the naval architecture. “We worked with laser scans to develop the construction drawings, which involved some old-fashioned shipbuilding skills that was all part of the charm of the project for us.”<img src="/uploads/store/photo/41027/image/large-9510d9f620d1f88561759eff51a87bff.jpg" data-gid="gid://syiq/Photo/41027">Working closely with Lloyds Register, the original LY2 notation is being updated to LY3. There were discussions to build to the new LY4 Code, due to be introduced for keels laid after 1 January 2019, but it was felt this would have negated the advantages of working with a pre-established platform in terms of cost and delivery time. Although the new exterior styling and general arrangement have been tweaked with a specific client in mind, the ICON 280 is as yet unsold and represents a bold investment for the shipyard as an on-spec project. <img src="/uploads/store/photo/40968/image/large-de42cc57102f06698f7436074d71476d.jpg" data-gid="gid://syiq/Photo/40968">“Nobody wants to wait up to four years for an 84-metre yacht – more if you have to wait for a build slot – and there’s nothing available in the short term at this size on the market,” explains Marcela Royer, in charge of business development at Icon Yachts. “Our shareholders recognised an opportunity to acquire an existing hull and superstructure to significantly reduce the delivery time, while still offering ample opportunity for customisation.”&nbsp;<img src="/uploads/store/photo/40973/image/large-9890914d5d182f7068c9dba1ad424ff7.jpg" data-gid="gid://syiq/Photo/40973">Although the 1500kW CAT engines were already installed, they have been completely overhauled and will come with full warranty. The entire engine room is housed on the under-lower deck, which means the lower deck can be dedicated to the five guest cabins with direct access to the new beach club, spa and gym. There is a VIP suite on the starboard main deck. <img src="/uploads/store/photo/40983/image/large-c6607b4e60f4a7cd3e16a54212bc83a9.jpg" data-gid="gid://syiq/Photo/40983">The circular master stateroom with 270-degree panoramic views through curved windows is on the upper deck, with pride of place dedicated to a forward facing study. In all, the owner’s accommodation covers an area of 126 square metres, half of which is dedicated to an enormous bathroom and walk-in wardrobe. Sliding glass doors on both sides of the suite provide access to the overhanging exterior companionways and a private foredeck. <img src="/uploads/store/photo/40972/image/large-5a69256e3b755c764970a0404f19edb5.jpg" data-gid="gid://syiq/Photo/40972">There is a wine-tasting/teppanyaki bar and cinema room on the upper deck aft. The partially enclosed sundeck covers 196 square metres and features al fresco dining and a forward plunge pool with sunbathing area protected by a glass balustrade that acts as a windbreak.&nbsp;The interior renders published here are by <a data-gid="gid://syiq/Company/5055" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gimena Mazzeo Caneda (Company)">Gimena Mazzeo Design</a> and Icon Yachts has already started manufacturing the fixed furniture, although the client is free to choose the final materials and finishes. <img src="/uploads/store/photo/13348/image/large-054bfba9d9f38de95620b38c6fa04d7c.jpg" data-gid="gid://syiq/Photo/13348">In the last few years, Icon Yachts has established a reputation for taking on ambitious refit and conversion projects considered too risky by other northern European shipyards. In addition to the 5-metre hull extension and technical upgrades of M/Y <a data-gid="gid://syiq/Yacht/448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Icon67.5m (221'5&quot;)">Icon</a>, its first new build, it has rebuilt the former Soviet icebreaker Giant into the 77.5-metre explorer vessel <a data-gid="gid://syiq/Yacht/936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend77.4m (253'11&quot;)">Legend</a> for owner Jan Verkerk, and is currently converting a 68-meter icebreaker into a luxury explorer yacht known as <a data-gid="gid://syiq/Article/47599" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New conversion superyacht at Icon Yachts: 68m Project Ragnar (2017-09-14 11:15:00 +0200)">Project Ragnar</a>.&nbsp;“Flexibility has been a cornerstone of the Icon brand since the beginning,”&nbsp;says Royer. “Whether it’s a refit, a conversion or a new build, we provide our clients with custom solutions.”&nbsp;