Turkey

Kerim Demir

The 35-metre <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay</a> motor yacht <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a> has completed an extensive refit with <a data-gid="gid://syiq/Company/7901" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea Yacht Group (Company)">Panacea Yacht Group</a>, which breathed new life into both her interior and exterior spaces. <img src="https://photo-assets.superyachttimes.com/photo/343990/image/large-8a762bb3f1804d0f8fd1b2e15154f154.jpg" data-gid="gid://syiq/Photo/343990"><img src="https://photo-assets.superyachttimes.com/photo/334960/image/large-68dab6be47462ed2eb98a89eade8178f.png" data-gid="gid://syiq/Photo/334960">The flybridge yacht, formerly known as Joan's Beach, was originally delivered by her Turkish builder in 2011 bearing interior and exterior design both crafted by <a data-gid="gid://syiq/Company/1827" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kerim Demir (Company)">Kerim Demir</a>. <img src="https://photo-assets.superyachttimes.com/photo/343989/image/large-143450e2f00b5f85e7871dfe5bec3a72.jpg" data-gid="gid://syiq/Photo/343989">Regarding <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a>’s accommodation, guests are hosted across five stateroom layout, comprising a main-deck master suite, a second full-beam master suite, a VIP forward, and two additional guest staterooms. <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a> now features new interior furniture throughout her saloon and all her staterooms. <img src="https://photo-assets.superyachttimes.com/photo/343744/image/large-4c91c4c8b049832406d9a6990497494c.jpg" data-gid="gid://syiq/Photo/343744"><img src="https://photo-assets.superyachttimes.com/photo/343752/image/large-a9a21244d2e40233aaebb23827218972.jpg" data-gid="gid://syiq/Photo/343752"><img src="https://photo-assets.superyachttimes.com/photo/343736/image/large-3414ea7ccdb3e2bd08b854f6fb369d91.jpg" data-gid="gid://syiq/Photo/343736"><img src="https://photo-assets.superyachttimes.com/photo/343739/image/large-c9de6760cd0417baa8085b0b6ef75381.jpg" data-gid="gid://syiq/Photo/343739">Following her refit, <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a>’s roomy aft deck contains new split hi-low tables, port and starboard lounges, as well as new furniture, upholstery and overhead LED lighting for alfresco relaxation or entertainment. <img src="https://photo-assets.superyachttimes.com/photo/343724/image/large-55ec00e12d1339ec425e19e1a9439032.jpg" data-gid="gid://syiq/Photo/343724"><img src="https://photo-assets.superyachttimes.com/photo/343718/image/large-e726dce39339fdb3f0fe89cba46a43d9.jpg" data-gid="gid://syiq/Photo/343718"><img src="https://photo-assets.superyachttimes.com/photo/343709/image/large-68ff22854efe737a8b1ebccf24486aaf.jpg" data-gid="gid://syiq/Photo/343709">Meanwhile, the motor yacht’s flybridge includes a spacious sun deck aft, dining and lounge space beneath the hardtop, while a bunny pad with a Jacuzzi and wet bar are located forward.<img src="https://photo-assets.superyachttimes.com/photo/343758/image/large-0cc614dd4ad7b2ab232424db59029e2a.jpg" data-gid="gid://syiq/Photo/343758"><img src="https://photo-assets.superyachttimes.com/photo/343757/image/large-7de48b6996902bdd3c07f6e5845bb1a5.jpg" data-gid="gid://syiq/Photo/343757"><img src="https://photo-assets.superyachttimes.com/photo/343754/image/large-4e07ceed6f4f9e88c2417be0295b301e.jpg" data-gid="gid://syiq/Photo/343754">The refit also saw <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a>’s interiors get transformed or renewed, down to every item of interior wood and cabinetry, including her flooring, wall coverings, LED lighting retrofit and the quartz counters in the heads and galley, and the SkinRock Carrara marble in heads.<img src="https://photo-assets.superyachttimes.com/photo/343673/image/large-52b9f7b9656658f91aecf0cdeee47c80.jpg" data-gid="gid://syiq/Photo/343673"> <img src="https://photo-assets.superyachttimes.com/photo/343710/image/large-6ea58779b8bb09a29ebf2fa347a3b2dc.jpg" data-gid="gid://syiq/Photo/343710"><img src="https://photo-assets.superyachttimes.com/photo/343706/image/large-eab3b738e9c84fb1fba608313399744f.jpg" data-gid="gid://syiq/Photo/343706"><img src="https://photo-assets.superyachttimes.com/photo/343713/image/large-9678702829c933f19bea51e78026d248.jpg" data-gid="gid://syiq/Photo/343713">In addition, the yacht <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a> now boasts updated AV, a recently serviced AC system, and new custom furniture. Moving outside, the vessel’s exterior spaces are now decked out in all new soft furnishings, while her hot tub was rebuilt and the teak and caulking were refreshed.<img src="https://photo-assets.superyachttimes.com/photo/343766/image/large-3bac6cd9d3281d2cf36cd51c359d0201.jpg" data-gid="gid://syiq/Photo/343766"><img src="https://photo-assets.superyachttimes.com/photo/343765/image/large-a42af270c62a334be842652455806d62.jpg" data-gid="gid://syiq/Photo/343765"> <img src="https://photo-assets.superyachttimes.com/photo/343771/image/large-d1916527663e8a11b32f4c8da7c328f5.jpg" data-gid="gid://syiq/Photo/343771">Furthermore, in 2022, the yacht benefitted from a full paint job by Luu at LMC. Most recently, <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a>’s engine room was also upgraded with complete services, including heat exchangers and aftercoolers to her <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> main engines, generators and transmissions. Additionally, <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a>’s engine room floor and entry way have been freshly powdercoated.<img src="https://photo-assets.superyachttimes.com/photo/343777/image/large-2a023c2f4f7da5f629f3dddf379c9506.jpg" data-gid="gid://syiq/Photo/343777"><img src="https://photo-assets.superyachttimes.com/photo/343780/image/large-d63851cfa9de67a76c27a358e6105a9c.jpg" data-gid="gid://syiq/Photo/343780"><img src="https://photo-assets.superyachttimes.com/photo/343781/image/large-e009b15d5c290d36a6d4b8116ac75684.jpg" data-gid="gid://syiq/Photo/343781">In terms of her performance, <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Panacea35.0m (114'10&quot;)Mengi Yay Yachts2011">Panacea</a>’s twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines propel her to a cruising speed of 20 knots alongside a top speed of 22 knots. Thanks to her limited draft of only 1.8-metres, she is well-suited to cruising and mooring in shallow waters. <img src="https://photo-assets.superyachttimes.com/photo/343988/image/large-c01fcfb27397d30c32e0c8e23bb533c6.jpg" data-gid="gid://syiq/Photo/343988">

35m Mengi Yay yacht Panacea completes refit 

The 35-metre motor yacht Panacea has completed an extensive refit with Panacea Yacht Group.


35m Mengi Yay motor yacht Panacea completes extensive refit 

Northrop and Johnson announced the sale of the 35-metre superyacht <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a> as a part of an in-house deal. Antibes-based sales broker James Munn acted on behalf of both the buyer and the seller. <img src="/uploads/store/photo/47051/image/large-20930635fe070b384a46ce8958e4a543.jpg" data-gid="gid://syiq/Photo/47051">Construction on <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a> began in early 2009 at Mengi-Yay’s Istanbul facilities and the superyacht was delivered to her first owners in 2011. Turkish naval architect, Kerim Demir, created <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a>’s architecture and exterior styling. <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a>'s superstructure and hull have been constructed entirely from epoxy laminated mahogany - a unique material which enable the superyacht to reach high speeds with less fuel consumption. <img src="/uploads/store/photo/6354/image/large-de77eef03ac0d7e01e2834705ca3d9e5.jpg" data-gid="gid://syiq/Photo/6354"><img src="/uploads/store/photo/6353/image/large-c3e07f369cee02472d65f66b12d6f278.jpg" data-gid="gid://syiq/Photo/6353">The original interior spaces onboard <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a> are the work of BTA design and include a five stateroom layout. The master suite sits on the main deck and includes a double occupancy en-suite bathroom. Two VIP configured staterooms join one double and one twin room to bring the total number of overnight guests to ten. On the flybridge deck, <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a>’s new owners will find a jacuzzi tub and covered seating area. <img src="/uploads/store/photo/47053/image/large-4a753a9fed80b64b397ac9a9a1f1c85c.jpg" data-gid="gid://syiq/Photo/47053"><img src="/uploads/store/photo/47054/image/large-bababc02c9fb60b16a18b771c2dddc5d.jpg" data-gid="gid://syiq/Photo/47054"><a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a> was previously part of Yacht Marine’s charter fleet The RINA classed superyacht flies the Maltese flag and requires a crew of six. Power onboard is derived from two CAR C32 marine diesel engines which provide her with a combined 3750 hp. <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a> is able to achieve a maximum speed of 22 knots while under power. <img src="/uploads/store/photo/184/image/large-615417f2bc013ad32cfae63dbcd88ac3.JPG" data-gid="gid://syiq/Photo/184">At the time of her sale, <a data-gid="gid://syiq/Yacht/3798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M35.0m (114'10&quot;)">M&amp;M</a> was listed for $2,300,000.

35m Mengi-Yay M&M sold 

The latest superyacht to join the expanding charter fleet of Yacht Marine Management &amp; Consulting Services is the 35 metre&nbsp;M&amp;M. The luxury motor yacht is currently in the final stages of completion at the Turkish Mengi-Yay shipyard, who have also built the 40 metre Serenity II, another yacht in Yacht Marine’s charter fleet. M&amp;M will launch next month and she is scheduled for delivery in May.<img alt="" src="https://photo-assets.superyachttimes.com/photo/134089/image/large-1ecd5ecfb939cf93cd6d1e3fc3ef0fdd.jpg" data-gid="gid://syiq/Photo/134089" class="legacy">The exterior lines of the fly-bridge motor yacht are designed by Kerim Demir and she features an interior by BTA Design. Accommodation is provided for 10 guests in five cabins; 1 master suite on the main deck, 1 master suite aft on the lower deck, 2 VIP cabins and 1 twin cabin.Built out of Epoxy Laminated Mahogany, M&amp;M is built to RINA class and twin 1,875 Caterpillar C32 diesel engines propel the superyacht up to a speed of 22 knots. All cabins feature en-suite shower &amp; toilette, intercom, SAT phone and entertainment systems.<img alt="" src="https://photo-assets.superyachttimes.com/photo/134090/image/large-137b085cc8e4a4bf29b3e99d3b83af22.jpg" data-gid="gid://syiq/Photo/134090" class="legacy">The sun deck is the perfect place for entertaining guests with a large Spa Jacuzzi for 6 guests, 4 sunbeds, dining table for 10 and service bar. Another al-fresco dining area is situated on the main aft deck and on the foredeck is more space for sunbathing.<img alt="" src="https://photo-assets.superyachttimes.com/photo/134091/image/large-d82b7498f60f359bd70a38218815b716.jpg" data-gid="gid://syiq/Photo/134091" class="legacy">M&amp;M carries a wide array of tenders and toys on-board; a 4.75 metre RIB Jet Concept with a 140hp engine, 2 wakeboards, 3 pairs of water skis and snorkelling gear for 10.