United Kingdom

Levidian

The SuperYacht Times Synopsis, as 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/180704/image/large-c94b3cec22cf92d183a5b4fe2eeae44b.jpg" data-gid="gid://syiq/Photo/180704"><a data-gid="gid://syiq/Article/56182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seized 123m Lürssen superyacht Golden Odyssey sold (2022-10-21 17:30:00 +0200)">Seized 123m Lürssen superyacht Golden Odyssey sold</a>&nbsp;&nbsp;The <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> 123.2-metre superyacht <a data-gid="gid://syiq/Yacht/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Odyssey123.2m (404'2&quot;)Lürssen Yachts2015">Golden Odyssey</a> has been sold. The yacht was originally arrested in Malta by Deutsche Bank Luxembourg, which underwent the arrest as part of its efforts to repay a mortgage against the yacht in excess of €116 million.<ul><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In pictures: 118m flagship Feadship 1010 superyacht on sea trials (2022-10-12 16:00:00 +0200)">In pictures: 118m flagship Feadship 1010 superyacht on sea trials</a>&nbsp;&nbsp;</li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group confirms sale of an 85m and 70m CRN superyacht (2022-10-04 11:15:00 +0200)">Ferretti Group confirms sale of an 85m and 70m CRN superyacht</a></li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral lays keel of 82m superyacht Admiral Galileo (2022-10-05 13:45:00 +0200)">Admiral lays keel of 82m superyacht Admiral Galileo</a>&nbsp; &nbsp;&nbsp;</li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting launches 75m custom support yacht YS 7512 (2022-10-11 10:00:00 +0200)">Damen Yachting launches 75m custom support yacht YS 7512</a> &nbsp;</li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto to build 60m flagship T60 superyacht on speculation (2022-10-03 12:30:00 +0200)">Baglietto to build 60m flagship T60 superyacht on speculation</a> &nbsp;</li></ul><img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">Big five Business reads&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/247251/image/large-94022818551d36ed96c6945012c1e022.jpg" data-gid="gid://syiq/Photo/247251"><a data-gid="gid://syiq/Article/56268" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Italian shipyard CdM sold with Vasco Buonpensiere appointed CEO (2022-10-28 16:45:00 +0200)">Italian shipyard CdM sold with Vasco Buonpensiere appointed CEO</a>&nbsp;&nbsp;<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has officially been sold through a management buyout supported at 75% by the Austrian FIL Bros Family Office. <a data-gid="gid://syiq/Article/56278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CEO in Conversation: Vasco Buonpensiere of Cantiere delle Marche (2022-10-31 12:30:00 +0100)">Justin Ratcliffe Associate Editor at SYT caught up with Buonpensiere</a> to hear more about the acquisition.&nbsp;<ul><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider announces partnership with Northrop & Johnson for two of its superyachts (2022-10-24 11:30:00 +0200)">Wider announces partnership with Northrop &amp; Johnson</a></li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian secures £12 million investment from US energy tech giant Baker Hughes (2022-10-25 15:45:00 +0200)">Levidian secures £12 million investment from US energy tech giant</a></li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts rebrand well underway as it launches the all-new 17m Zeelander 6 (2022-10-20 17:30:00 +0200)">Zeelander Yachts rebrand well underway</a></li><li style="font-weight: bold;"><a data-gid="gid://syiq/Article/56197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y.CO has opened the doors to its new office in Auckland, New Zealand (2022-10-19 17:00:00 +0200)">Y.CO has opened the doors to its new office in Auckland</a></li></ul><img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">News from <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2022">Fort Lauderdale International Boat Show</a>&nbsp;&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/247263/image/large-7e853b246ef9f99fd128307a6d9348b1.jpg" data-gid="gid://syiq/Photo/247263"><a data-gid="gid://syiq/Article/56280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First Sunreef 100 Eco catamaran sold (2022-10-31 13:30:00 +0100)">First Sunreef 100 Eco catamaran sold</a><a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> announced the sale of the first <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 100 Eco catamaran. The sailing yacht will be fully electric and equipped with composite-integrated solar panels and electric engines.<a data-gid="gid://syiq/Article/56271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts announces new 50m full-displacement steel superyacht model (2022-10-31 10:00:00 +0100)"></a><a data-gid="gid://syiq/Article/56271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts announces new 50m full-displacement steel superyacht model (2022-10-31 10:00:00 +0100)">Heesen Yachts announces new 50m full-displacement steel superyacht model</a><a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> announced a brand new 50-metre full-displacement yacht. The full details of the designers involved are being kept tightly under wraps with news expected later in the year.<img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">Wanderlust: Travel Spotlight<img src="https://photo-assets.superyachttimes.com/photo/112805/image/large-02bf564c6ad3dbf5572e82d7e0a951a0.jpg" data-gid="gid://syiq/Photo/112805"><a data-gid="gid://syiq/Article/56107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelagos and adventure: Exploring Indonesia as a winter cruising destination (2022-10-06 16:00:00 +0200)">Archipelagos and adventure: Exploring Indonesia as a winter cruising destination</a>&nbsp;SuperYacht Times' Travel Writer Jessamie Rattray explores the archipelagic landscape of Indonesia, with a number of experts that specialise in the region. "When adventure calls, Indonesia answers," Rattray wrote. "Indonesia is a fascinating cruising ground rich in variety." <img src="https://photo-assets.superyachttimes.com/photo/212643/image/large-ba2f96ab9f3c28bcf8c37fcf05a94801.jpg" data-gid="gid://syiq/Photo/212643">Gulf Superyacht Summit<img src="https://photo-assets.superyachttimes.com/photo/231343/image/large-88deca5406ba7449cb087bd5c3f900fd.png" data-gid="gid://syiq/Photo/231343"> <a data-gid="gid://syiq/Article/56153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Last chance to purchase Early Bird tickets for the Gulf Superyacht Summit 2022 (2022-10-13 12:30:00 +0200)">Last chance to purchase tickets for the Gulf Superyacht Summit 2022</a>&nbsp;With less than two weeks until the 2022 edition of the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2022">Gulf Superyacht Summit</a>, now is the time to purchase the last remaining tickets for the two-day event. This year’s summit will be held on the 9 and 10 November in Dubai onboard the Queen Elizabeth 2, under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P & O Marinas (Company)">P&amp;O Marinas</a>.

SuperYacht Times Synopsis: October

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

SYT Synopsis October: 118m Feadship sea trials, seized yacht sold and much more

US energy technology giant Baker Hughes has backed <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s world-first decarbonisation technologies with a £12m investment at a £130m valuation – opening up global collaboration opportunities. The news follows on from <a data-gid="gid://syiq/Article/55081" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston teams up with Levidian Nanosystems as it strives towards net zero (2022-05-04 15:00:00 +0200)">Edmiston's announcement in April 2022</a> that it had teamed up with <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> in its efforts to reach net zero.The cash injection will enable the further scale up of <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s business, including both LOOP, <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s decarbonisation device, and graphene production capacities at its Cambridge headquarters – allowing <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> to capitalise on the significant interest in its ground-breaking work.<a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s LOOP technology decarbonises methane by cracking it into its components: carbon (in the form of graphene) and hydrogen. The hydrogen can be used immediately as a hydrogen-rich gas blend, supporting industrial decarbonisation, or separated and stored. The graphene can be added to a wide range of materials to extend their life, improve their performance, and deliver additional decarbonisation benefits. This technology will enable Baker Hughes to expand its current core offerings and provide decarbonised solutions to adjacent sectors and industries. <img src="https://photo-assets.superyachttimes.com/photo/246357/image/large-20e6ac72210d2e11b170d3404f0ccd89.png" data-gid="gid://syiq/Photo/246357"> <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>&nbsp;CEO John Hartley said:This investment comes at a critical phase of <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s development. Baker Hughes has a long track record in energy technology and their expertise will be valuable as we scale <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> quickly to meet the growing demand for decarbonisation, especially from the industrial sectors. Their commitment is a strong endorsement of our LOOP technology, our graphene, and our team.&nbsp;Luca Maria Rossi, VP – New Frontiers at Baker Hughes:We continue to show our commitment to advancing our climate goals by investing in innovative technologies. Graphene is a game-changing material for many applications and <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s technology stands out with its consistent high-quality product. The joint production of graphene and hydrogen will also enable economically effective decarbonisation of hard-to-abate sectors.Luca Maria Rossi will sit on the <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> board, further deepening the relationship and establishing a route to ongoing support and collaboration.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/226053/image/large-3cda49364f88efbb732f6d34e0393ccb.png" data-gid="gid://syiq/Photo/226053">

Levidian secures international investment

Levidian has secured £12 million of investment from US energy tech giant Baker Hughes.