Italy

Monte Carlo Yachts

In January, <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> announced that it had to enter a restructuring phase, stating that it had to transition from a 'founder-funded entity to an investor-funded one, led by experienced industry professionals." The company has now completed its restructuring, with German-American investor and <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> client Michael Said having acquired the shipyard out of administration to fund the construction of all in-build projects. <img src="https://photo-assets.superyachttimes.com/photo/308337/image/large-812058c3c2553e503fd4e90ebb28dd38.jpg" data-gid="gid://syiq/Photo/308337">The company has also put a new management team in place, led by the new CEO Fabrizio Iarrera, formerly of both <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> and Dolce Vita Yachts. Iarrera will run day-to-day operations with support from Michael Said and a board of shareholders. Steve Bell, a veteran manager from manufacturing businesses, has agreed to serve as Vice Chairman of this board and together, they will oversee the new business and assist the new management team to achieve growth.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/308325/image/large-34efb50e8a582c4756be751867e7f036.jpg" data-gid="gid://syiq/Photo/308325">New CEO Fabrizio Iarrera commented, "<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> is known and recognised throughout the yachting world for developing the technology to make electric catamarans a reality. There are costs associated with creating an entirely new market, and the original business fell prey to these, at a time when price inflation everywhere was spiralling out of control."<img src="https://photo-assets.superyachttimes.com/photo/308333/image/large-6e974e48db713ec1223b3e352e089d51.jpg" data-gid="gid://syiq/Photo/308333">Michael Said has acquired <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> through his acquisition firm Helios Yacht Investments GmbH and has taken control of all assets and intellectual property, including the yachts' design and the shipyard in Fano. Said's investment protected the companies 140 employees jobs and has enabled the yard to continue its production, with the company also announcing the launch of the first <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 62 catamaran. A further seven of the model are due to launch this year. <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> has also confirmed that it will launch the first 23.95-metre <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 80 model in 2025, the first of which were due for delivery this year.&nbsp;Iarrera added, "Our yacht owners are passionate about the brand and the yacht itself, as our very strong pipeline of orders shows. For Michael Said, it was an easy decision to invest in a restructured S<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">ilent Yachts</a>, and many of our other owners are just as keen. We know we have a job to do to rebuild the brand's reputation, but we've been thrilled by the positive reception we've had from those who have already put in orders."Over the coming two years, the focus of the yard will be to complete all projects currently under construction and will offer additional build slots of 2025 and 2026.

Silent Yachts new ownership

Silent Yachts announces new management and ownership.

home-featured-topleft#0

Silent Yachts announces new ownership and management

Yachts attending Palma International Boat Show 2024

We break down the yachts that will be in attendance during the 40th edition of PIBS, where members of our SuperYacht Times team will be present. 


The 29.5-metre <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo</a> motor yacht <a data-gid="gid://syiq/Yacht/6677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Esmeralda of the Seas 29.26m (95'12&quot;)Monte Carlo Yachts2017">Esmeralda of the Seas</a> has entered the market. The <a href="http://New%20to%20market%3A%20The%2029m%20Monte%20Carlo%20motor%20yacht%20Esmeralda%20of%20the%20Seas%20is%20for%20sale,%20she%20is%20represented%20by%20Ocean%20Independence." rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is represented by Jack Gradus and Jeremy Comport of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.<img src="https://photo-assets.superyachttimes.com/photo/296458/image/large-fa462c8199c4d8a281ccd57baf7ee5ce.png" data-gid="gid://syiq/Photo/296458">The <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo</a> yacht displays both exterior and interior design penned by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, while her naval architecture derived from the drawing boards of &nbsp;<a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a>.&nbsp;<a data-gid="gid://syiq/Yacht/6677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Esmeralda of the Seas 29.26m (95'12&quot;)Monte Carlo Yachts2017">Esmeralda of the Seas</a> can accommodate up to 11 guests across her five sumptuous staterooms, with space for a crew of five.<img src="https://photo-assets.superyachttimes.com/photo/245687/image/large-4e861cf64183013529388c981b5dda9b.jpg" data-gid="gid://syiq/Photo/245687"><img src="https://photo-assets.superyachttimes.com/photo/245686/image/large-dff9819bdbaca6907488ab6b6993acab.jpg" data-gid="gid://syiq/Photo/245686">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> showcases a spacious main saloon, featuring a plush U-shaped sofa, surrounding a circular low-level coffee table. Expansive windows line the saloon, illuminating the bright interior throughout the day. The saloon also houses a dedicated dining area, characterised by an elegant art wall hanging, while white lacquered ceilings enhance the sense of opulence onboard.<img src="https://photo-assets.superyachttimes.com/photo/245684/image/large-364edc1198a22bbd4044a83d87b83aa4.jpg" data-gid="gid://syiq/Photo/245684"><img src="https://photo-assets.superyachttimes.com/photo/245683/image/large-0066f8566ca260beda89935b9a8e51c6.jpg" data-gid="gid://syiq/Photo/245683"><img src="https://photo-assets.superyachttimes.com/photo/245685/image/large-d16b7ec8b8061e9595d710cdf55e0aad.jpg" data-gid="gid://syiq/Photo/245685">The contemporary interior aesthetic extends across the yacht’s staterooms. The large main stateroom is situated on the <a data-gid="gid://syiq/Yacht/6677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Esmeralda of the Seas 29.26m (95'12&quot;)Monte Carlo Yachts2017">Esmeralda of the Seas</a> main deck, while her four guest staterooms are on the lower deck. A neutral-toned colour palette and warm overhead lighting is displayed across the yacht’s staterooms, her master suite houses a large comfortable sofa, luxurious ensuite and extensive window.<img src="https://photo-assets.superyachttimes.com/photo/245688/image/large-4d4c0634a2c3558d70fd042f06302f07.jpg" data-gid="gid://syiq/Photo/245688"><img src="https://photo-assets.superyachttimes.com/photo/296459/image/large-613b02028080c0d5f47ddb31bd9830c2.png" data-gid="gid://syiq/Photo/296459">Guests can soak up the sun on the oversized beige sunpads situated at the yacht’s bow or enjoy their ocean views from the fitted sofas. <a href="https://www.superyachttimes.com/yachts/esmeralda-of-the-seas/for-sale" rel="noopener noreferrer" target="_blank" title="">The yacht Esmeralda of the Seas for sale</a> showcases a spacious sundeck, featuring two L-shaped sofas and a cosy bar area, ideally situated next to the modern Jacuzzi. In addition to lounging on the sundeck, guests can host formal dinner parties onboard, enjoying serene ocean-views.<img src="https://photo-assets.superyachttimes.com/photo/296461/image/large-07336b00e19473aa27b58fb8c1135e5e.png" data-gid="gid://syiq/Photo/296461"><img src="https://photo-assets.superyachttimes.com/photo/296462/image/large-e4501cc3ceb019eaae7641263bf48ea3.png" data-gid="gid://syiq/Photo/296462">In terms of performance, <a data-gid="gid://syiq/Yacht/6677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Esmeralda of the Seas 29.26m (95'12&quot;)Monte Carlo Yachts2017">Esmeralda of the Seas</a> 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, providing her with a top speed of up to 24 knots and a cruising speed of 10 knots.

Monte Carlo yacht Esmeralda of the Seas for sale 

New to market: The 29.5-metre Monte Carlo motor yacht Esmeralda of the Seas is for sale, she is represented by Ocean Independence.

30m Monte Carlo motor yacht Esmeralda of the Seas for sale 

Today (18 May 2023) marks the second celebration for the International Day for Women in Maritime. The day celebrates women in the industry and is intended to promote recruitment, raise the profile of women in maritime and address the current gender imbalance in the maritime industry. This year we are taking a look back into the SYT archives to find out more about some inspirational women in the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/227358/image/large-7c3ae25e987c930550b85719620a26dd.jpg" data-gid="gid://syiq/Photo/227358"><a data-gid="gid://syiq/Article/57095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Women’s Day 2023: Women at the helm of change (2023-03-08 08:30:00 +0100)">International Women’s Day 2023: Women at the helm of change</a>Wednesday 8 March 2023 marked International Women’s Day, a global celebration of the social, economic, cultural, and political achievements of women. The day also marked a call to action for accelerating women's equality in all industries. SYT spoke to Below Deck’s Captain Sandy Yawn, <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> Sales Broker, Annie Avery, interior designer Destry Darr Pethtel of <a data-gid="gid://syiq/Company/2524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Destry Darr Designs (Company)">Destry Darr Designs</a> and business owner and Development Consultant of Onboard Monaco, Marcela de Kern Royer about their experiences in the industry.You can read more about their stories <a data-gid="gid://syiq/Article/57095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Women’s Day 2023: Women at the helm of change (2023-03-08 08:30:00 +0100)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/260758/image/large-d114845098d9a706f89986d98c42100b.png" data-gid="gid://syiq/Photo/260758"><a data-gid="gid://syiq/Article/57093" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giovanna Vitelli named Chairwoman of Azimut|Benetti Group (2023-03-07 15:15:00 +0100)">Giovanna Vitelli named Chairwoman of Azimut|Benetti Group</a>March 2023 saw former Vice President of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti Group</a> Giovanna Vitelli named as Chairwoman of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>. According to the shipyard, the appointment guaranteed the stability necessary to seize all the opportunities of the future.Read the full announcement about Giovanna Vitelli <a data-gid="gid://syiq/Article/57093" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giovanna Vitelli named Chairwoman of Azimut|Benetti Group (2023-03-07 15:15:00 +0100)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/260405/image/large-73ab825e05dd7a5b0b4e2e5116ef04a2.jpg" data-gid="gid://syiq/Photo/260405"><a data-gid="gid://syiq/Article/57061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Meet superyacht interior designer, Valentina Zannier (2023-03-08 16:30:00 +0100)">Meet superyacht interior designer, Valentina Zannier</a>In Issue 43 of the SuperYacht Times newspaper, SYT spoke to Valentina Zannier of <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a> on her journey from junior assistant to her current position as Chief Interior Designer. Valentina discussed the 115-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Jorgia115.1m (377'7&quot;)Lürssen Yachts2021">Lady Jorgia</a> (ex.&nbsp;Ahpo), as well as the 141.63-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> yacht <a data-gid="gid://syiq/Yacht/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nord141.63m (464'8&quot;)Lürssen Yachts2021">Nord</a> and the 86-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/3678" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quattroelle86.11m (282'6&quot;)Lürssen Yachts2013">Quattroelle</a>.You can find out more about Valentina Zannier <a data-gid="gid://syiq/Article/57061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Meet superyacht interior designer, Valentina Zannier (2023-03-08 16:30:00 +0100)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/227490/image/large-cd5df8ccee88791e66d6fa2ca73475ed.jpg" data-gid="gid://syiq/Photo/227490"><a data-gid="gid://syiq/Article/56161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jenny Matthews on diversity and the beating heart of yachting (2022-10-18 16:00:00 +0200)">Jenny Matthews on diversity and the beating heart of yachting</a>Issue 42 of the SuperYacht Times newspaper saw <a data-gid="gid://syiq/Company/6715" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="She of the Sea (Company)">She of the Sea</a> and LEGASEA founder Jenny Matthews discuss the most critical questions in the industry of Who Are We? and Who Do We Want To Be?You can read the full discussion <a data-gid="gid://syiq/Article/56161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jenny Matthews on diversity and the beating heart of yachting (2022-10-18 16:00:00 +0200)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/193957/image/large-7a0d38b223e82687d0120f6ba6032820.jpg" data-gid="gid://syiq/Photo/193957"><a data-gid="gid://syiq/Article/52809" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ione Astondoa: Carving a space for women in the yachting industry (2021-04-29 15:00:00 +0200)">Ione Astondoa: Carving a space for women in the yachting industry</a>In 2021, SYT sat down with the newly appointed Ione Astondoa of the family-owned yacht builders <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a>. Ione speaks about what it is like to be a fourth-generation Astondoa and her unique position as a young woman working in the yachting industry.Read her full story <a data-gid="gid://syiq/Article/52809" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ione Astondoa: Carving a space for women in the yachting industry (2021-04-29 15:00:00 +0200)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/227489/image/large-17c5e1deaf6f19225da98b84465e4c31.jpg" data-gid="gid://syiq/Photo/227489"><a data-gid="gid://syiq/Article/55171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Day for Women in Maritime 2022: How the tides are turning for women in yachting (2022-05-18 15:45:00 +0200)">International Day for Women in Maritime 2022: How the tides are turning for women in yachting</a>Last year was the first celebration for the International Day for Women in Maritime. SYT spoke to <a data-gid="gid://syiq/Company/6715" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="She of the Sea (Company)">She of the Sea</a> founder Jenny Matthews about their survey into diversity in the industry, as well as Captain Kelly Gordon, Communications Specialist at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, Sarah Flavell, <a data-gid="gid://syiq/Company/2529" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Worth Avenue Yachts (Company)">Worth Avenue</a> yacht broker Veronica Pizza and Hannah Hombergen, founder and designer at <a data-gid="gid://syiq/Company/6714" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quintesse Group (Company)">Quintesse Group</a>.&nbsp;Read the full interview <a data-gid="gid://syiq/Article/55171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Day for Women in Maritime 2022: How the tides are turning for women in yachting (2022-05-18 15:45:00 +0200)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/195431/image/large-973427ea7745de05be8c9b321814041c.jpg" data-gid="gid://syiq/Photo/195431"><a data-gid="gid://syiq/Article/52940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broker Insight: 5 questions with Julia Skoptsova (2021-05-17 10:30:00 +0200)">Broker Insight: 5 questions with Julia Skop</a>SuperYacht Times spoke to Julia Skop, yacht broker and founder of Russian brokerage firm, <a data-gid="gid://syiq/Company/5144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Smart Yachts (Company)">Smart Yachts</a>, about her entrance into the profession, the foundation of her firm and what it is like to be a woman in the superyacht industry.You can find out more about Julia Skop&nbsp;<a data-gid="gid://syiq/Article/52940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broker Insight: 5 questions with Julia Skoptsova (2021-05-17 10:30:00 +0200)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/66234/image/large-d9dc43e5edf1dbdd49e041f3e1ab4fe3.jpg" data-gid="gid://syiq/Photo/66234"><a data-gid="gid://syiq/Article/49663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super yachting females on International Women’s Day 2019 (2019-03-08 10:30:00 +0100)">Super yachting females on International Women’s Day 2019</a>In 2019, SYT shone a spotlight on some of the key female industry figures we had featured over the past year. This included superyacht photographer Olga Dromas, brokers Irina Blagodyr and Julia Stewart and CEO of <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>, Aino Grapin, as well as the female crews at the 2018 Rolex Sydney Hobart.Read more about these inspirational females <a data-gid="gid://syiq/Article/49663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super yachting females on International Women’s Day 2019 (2019-03-08 10:30:00 +0100)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/210023/image/large-4ced9afd224f83c801e29cdc415ee73f.jpg" data-gid="gid://syiq/Photo/210023"><a data-gid="gid://syiq/Article/53973" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="An extraordinary life on boats with owner Patsy Bolling (2021-11-09 15:00:00 +0100)">An extraordinary life on boats with owner Patsy Bolling</a>For issue 39 of the SuperYacht Times newspaper, Editor-in-Chief Francesca Webster caught up with serial yacht owner and veritable yachting legend Patsy Bolling. During this interview Patsy talks about her incredible life on boats which spans nearly her whole life.Find out more about Patsy Bolling <a data-gid="gid://syiq/Article/53973" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="An extraordinary life on boats with owner Patsy Bolling (2021-11-09 15:00:00 +0100)">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/27367/image/large-66574397952a7c2d0b2db3f15e9b978b.jpg" data-gid="gid://syiq/Photo/27367"><a data-gid="gid://syiq/Article/48219" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Women's Day 2018: Inspiring women in yachting (2018-03-08 14:30:00 +0100)">International Women's Day 2018: Inspiring women in yachting</a>For International Women's Day 2018, SYT celebrated by speaking to influential women from across the yachting industry to hear their inspiring top tips for women who want to get ahead in what is often perceived by many to be a male-dominated industry. We spoke to Sales and Charter Consultant for <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> Katya Grzeszczak Jaimes, President of <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> Carla Demaria and Captain Maria Grazia Franco.You can find out more about these women <a data-gid="gid://syiq/Article/48219" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Women's Day 2018: Inspiring women in yachting (2018-03-08 14:30:00 +0100)">here</a>.

International Day for Women in Maritime 2023

SYT marks the second celebration for the International Day for Women in Maritime by celebrating inspirational women in the yachting industry.

Celebrating the work of women for International Day for Women in Maritime 2023

<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has appointed Fabrizio Iarrera as Chief Operating Officer. Iarrera will take responsibility for the production, workflow and operation management of the company.<img src="https://photo-assets.superyachttimes.com/photo/264676/image/large-9b62983e001e71f16c3b92487aaaecaf.png" data-gid="gid://syiq/Photo/264676">“I’m happy to welcome Fabrizio in our strong and capable team,” Michael Köhler, founder and CEO of <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a>, commented. “For sure this move will help us become even more efficient in production and make sure all our orders are flawlessly executed and delivered on time and on budget. Fabrizio is an accomplished and success-oriented executive with extensive experience in business operations and development and project management.” <img src="https://photo-assets.superyachttimes.com/photo/231737/image/large-6377ebcbc0a3d3d0210fe4762f022e2c.jpg" data-gid="gid://syiq/Photo/231737">Iarrera has close to 20 years of experience as CEO and General Manager for leading brands in the yachting industry, with <a data-gid="gid://syiq/Company/4623" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis Yachts (Company)">Atlantis</a>, part of <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut | Benetti Group</a>, and <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a>, part of <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Groupe Beneteau</a>.&nbsp;“The goal is to make sure our customers are satisfied with their dream catamarans built by <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> as always,” Iarrera commented. “I’m grateful for a chance to work for such an incredible and promising company and definitely ‘sky’s the limit’ for our team.” <img src="https://photo-assets.superyachttimes.com/photo/255820/image/large-5e7acf3b5f431bfb4cfc482db77113f1.jpg" data-gid="gid://syiq/Photo/255820"><a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has 28 solar electric catamarans in-build across its two production sites in Italy and Turkey, including the flagship 36.74-metre Silent 120 Explorer. The company’s order book is filled until 2024.&nbsp;

Silent-Yachts appoints Fabrizio Iarrera as COO

Silent-Yachts has appointed Fabrizio Iarrera as Chief Operating Officer.

<a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts’</a> 26.3-metre yacht <a data-gid="gid://syiq/Yacht/12679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Other Side26.3m (86'3&quot;)Monte Carlo Yachts2014">The Other Side</a> has joined the market. Built in 2014, <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">the yacht for sale</a> is part of the <a data-gid="gid://syiq/YachtModel/6969" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCY 8626.3m (86'3&quot;)">MCY 86</a> series.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/254737/image/large-7654d7d0ffcc8d44453fa3b2310f35d6.jpeg" data-gid="gid://syiq/Photo/254737">Her interior and exterior design comes from <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, while her Italian builder was responsible for her naval architecture.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/254721/image/large-ae7a1e27e13cdeeae6bb00f6e8f5b34f.jpeg" data-gid="gid://syiq/Photo/254721"><a data-gid="gid://syiq/Yacht/12679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Other Side26.3m (86'3&quot;)Monte Carlo Yachts2014">The Other Side’s</a> timeless styling, beautiful furnishings and sumptuous seating through her living areas create an elegant and comfortable environment across her two decks.<img src="https://photo-assets.superyachttimes.com/photo/254711/image/large-24c61f76fb36ec0eb1114929141c6323.jpeg" data-gid="gid://syiq/Photo/254711"><a href="https://www.superyachttimes.com/yachts/the-other-side" rel="noopener noreferrer" target="_blank" title="">The Other Side yacht for sale</a> accommodates up to eight guests across four stylish staterooms, comprising of two double staterooms and two twin staterooms. The yacht’s tropical spec air-conditioning and two seakeeper gyro stabilisers ensure guests sleep soundly.<img src="https://photo-assets.superyachttimes.com/photo/254713/image/large-64af259ea459643ebcb65af91aeafb22.jpeg" data-gid="gid://syiq/Photo/254713">With plentiful seating in the saloon for entertaining, the <a href="https://www.superyachttimes.com/yachts/monte-carlo/for-sale" rel="noopener noreferrer" target="_blank" title="">Monte Carlo yacht for sale</a> possesses plush sofas, a large dining table, and a stand-up bar for social gatherings. <a data-gid="gid://syiq/Yacht/12679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Other Side26.3m (86'3&quot;)Monte Carlo Yachts2014">The Other Side’s</a> Portuguese bow is one of the yacht’s best features, allowing for a large group to relax or dine under the protection of a sunshade.<img src="https://photo-assets.superyachttimes.com/photo/254720/image/large-86a9c6e97f26f079cc919363c5da9966.jpeg" data-gid="gid://syiq/Photo/254720"><a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">The motor yacht for sale</a> boasts an expansive flybridge which offers huge amounts of space, featuring a Jacuzzi for guests to wind-down, a wet bar for evening cocktails, and a double barbeque grill.<img src="https://photo-assets.superyachttimes.com/photo/254726/image/large-33153ba156b95075f5a7354173d33bb5.jpeg" data-gid="gid://syiq/Photo/254726"><img src="https://photo-assets.superyachttimes.com/photo/254723/image/large-535c2f5d82d6daed6d13a408082b93b0.jpeg" data-gid="gid://syiq/Photo/254723">In terms of performance, the 130 GT yacht is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, allowing her to reach a top speed of 25 knots, and a cruising speed of 20 knots. Built with a GRP hull and GRP superstructure, she has impressive speed and great efficiency thanks to her planing hull.

26m Monte Carlo yacht The Other Side for sale

Monte Carlo Yachts’ 26.3-metre yacht The Other Side is for sale. The Other Side was built in 2014 and features a design by Nuvolari Lenard.

26m Monte Carlo Yacht The Other Side for sale

Yachts at Fort Lauderdale Boat Show 2022

SYT took a look at the largest yachts attending this year's Fort Lauderdale Boat Show.

The largest yachts attending Fort Lauderdale Boat Show 2022

<a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> are dedicated to crafting timeless luxury yachts up to 32-metres. One of the shipyard's recent launches is the 29.5-metre <a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a>. She is a fresh build from 2021 with the latest navigational technologies and luxury amenities aboard. As one of seven models in the MCY96 series she is celebrated for her individuality.<img src="https://photo-assets.superyachttimes.com/photo/229483/image/large-fb120dfd6c1ca190c80b6fce203b1f71.jpeg" data-gid="gid://syiq/Photo/229483">Her builder <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> are responsible for her naval architecture, drawing her with a sharp bow and distinctive flowing lines. <a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a> is the second largest model from the builder and has been designed and developed for extended ocean voyages. Her modern design and technical highlights include high-fashion bulwarks, unique windows, wide overhanging side decks and ingenious coverage from the natural elements.<img src="https://photo-assets.superyachttimes.com/photo/229714/image/large-9da4819be870b6f6f83b12314c470489.jpeg" data-gid="gid://syiq/Photo/229714"><img src="https://photo-assets.superyachttimes.com/photo/229478/image/large-70e9c9e3b88acc42e26e99e624a52108.jpeg" data-gid="gid://syiq/Photo/229478"><a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Rocco</a> showcases a classy and modern interior and exterior design with decor by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>. Her main saloon highlights breathtaking marble, wooden floors and leather seating for maximum comfort. There are a plethora of seating options from the L-shaped sofa to bean bags to cater for every guests’ needs. <img src="https://photo-assets.superyachttimes.com/photo/229474/image/large-974533c0ea1dc494fbe892fb81271f0b.jpg" data-gid="gid://syiq/Photo/229474"><img src="https://photo-assets.superyachttimes.com/photo/229473/image/large-b3b57e1db0fdfbdcf849211b7deb700d.jpg" data-gid="gid://syiq/Photo/229473">Her open plan design sees a seamless transition between the saloon and the dining area. <a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a> is flooded with plenty of natural light thanks to large panoramic windows and fold-down balconies. <a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a>'s formal dining area is able to seat up to eight guests and highlights the soft tones of blue and grey that are used throughout the room.<img src="https://photo-assets.superyachttimes.com/photo/229481/image/large-601a002bdf1fd3db324aaefd4531ca75.jpeg" data-gid="gid://syiq/Photo/229481"><img src="https://photo-assets.superyachttimes.com/photo/229470/image/large-08872799f7a979e346aa3f3957caa52c.jpg" data-gid="gid://syiq/Photo/229470"><img src="https://photo-assets.superyachttimes.com/photo/229480/image/large-d4b74f0ac4fe2a0219d5fc827a6986a5.jpeg" data-gid="gid://syiq/Photo/229480"><img src="https://photo-assets.superyachttimes.com/photo/229479/image/large-a78ac75726273b2a29093845e6fea615.jpeg" data-gid="gid://syiq/Photo/229479"><a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a> is able to host up to 10 guests for overnight stays across five sumptuous staterooms. Each of these rooms focuses on elegance and entertainment with her luxurious master suite located forward on the main deck. The additional four staterooms feature a neutral colour scheme with soft furnishings and a cosy ambience. <img src="https://photo-assets.superyachttimes.com/photo/229477/image/large-8e48749a45145ae6a8107f071bc1394f.jpeg" data-gid="gid://syiq/Photo/229477"><img src="https://photo-assets.superyachttimes.com/photo/229476/image/large-546779d4a259d5f394bd7d4ff9460c4b.jpeg" data-gid="gid://syiq/Photo/229476"><img src="https://photo-assets.superyachttimes.com/photo/229472/image/large-604a17912e77fde4bf9f9fadd91350db.jpg" data-gid="gid://syiq/Photo/229472"><img src="https://photo-assets.superyachttimes.com/photo/229471/image/large-2737fbafdde58fca9aa10e1e821a018d.jpg" data-gid="gid://syiq/Photo/229471"><a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a>’s spacious main deck includes two fold-out terraces, a large swimming platform for easy water-access and delightful deck spaces for the alfresco lifestyle. Her outdoor spaces have been given just as much attention as her interior, with a magnificent flybridge. This area offers open space, a service bar, a delightful sofa, a coffee table and warm sunbeds. Forward, it has a covered area with sunpads and an open cockpit.<img src="https://photo-assets.superyachttimes.com/photo/229469/image/large-417172e8b47066b28a04bd13f143edb6.jpg" data-gid="gid://syiq/Photo/229469">Performance-wise, <a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a> is able to reach a top speed of 27 knots as well as a comfortable cruising speed of 21 knots, thanks to her twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines.<a data-gid="gid://syiq/Yacht/10980" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocco29.5m (96'9&quot;)Monte Carlo Yachts2021">Rocco</a> is the ultimate on-water getaway and is currently available for charter with <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson.</a>

Onboard Monte Carlo Yachts’ 30m motor yacht Rocco

Monte Carlo Yachts are dedicated to crafting timeless luxury yachts, one of which is the 29.5-metre, Rocco

<a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> has announced the sale of a 32.26-metre yacht MCY 105 to an Australian client. The unit, currently in build, is expected to be delivered to her owner later this year in time for the start of the season in the Southern Hemisphere.<img src="https://photo-assets.superyachttimes.com/photo/26855/image/large-3221d368b68907f96882e38635d24957.jpg" data-gid="gid://syiq/Photo/26855">The sale and eventual delivery of the flagship model marks the Italian shipyard’s expanding global presence: “The Company is excited about this quite unique event, as it is the first time that the <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> flagship reaches Australia”, explains Sergio Loiacono, MCY Sales and Marketing Director.The latest unit is one of more than 10 of the popular MCY 105 models either in build or already in operation. The yacht features naval architecture from her builder, <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a>, and exteriors and interiors penned by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>.<img src="https://photo-assets.superyachttimes.com/photo/26854/image/large-a22fccf005cb3dfa5008bc3a79cc5271.jpg" data-gid="gid://syiq/Photo/26854">The MCY 105 boasts ample deck spaces including a large sundeck and exterior beach platform. Inside, the yacht features large windows that allow natural light to flood her interiors.The 203 GT yacht can accommodate as many as 10 guests across five staterooms, including a full-beam master suite, as well as a crew of two on board.&nbsp;Performance-wise, the MCY 105 can reach a top speed of 28 knots and cruise comfortably at 24 knots thanks to her twin MTU 16V 2000 M93 diesel engines.

32m yacht MCY 105 sold to Australian owner

Monte Carlo Yachts has sold its flagship 32m yacht MCY 105 to an Australian client. She is expected to be delivered later this year.

Monte Carlo Yachts sells MCY 105 to Australian client

The site of construction for <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> in Monfalcone will take on the manufacture of monohull sailing superyachts for <a data-gid="gid://syiq/Company/597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CNB - Construction Navale Bordeaux (Company)">CNB Yachts</a> as of September 2019.&nbsp;<img src="/uploads/store/photo/20795/image/large-cdd123885998a812d938e299d38df1fe.jpg" data-gid="gid://syiq/Photo/20795">Since many <a data-gid="gid://syiq/Company/597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CNB - Construction Navale Bordeaux (Company)">CNB</a> customers sail in the Mediterranean, the site’s location on the Adriatic Sea is strategically beneficial for the French company. As with <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts’</a> large luxury vessels that the site already produces, Monfalcone’s flexible industrial technology and wide variety of customisations mean that it is well-equipped to handle <a data-gid="gid://syiq/Company/597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CNB - Construction Navale Bordeaux (Company)">CNB’s</a> construction.<img src="/uploads/store/photo/20794/image/large-4a2d951fcae548248f9570b055d9f8e5.jpg" data-gid="gid://syiq/Photo/20794">“This is undeniably an opportunity for <a data-gid="gid://syiq/Company/597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CNB - Construction Navale Bordeaux (Company)">CNB Yachts</a>, which will be able to benefit from industrial facilities that are designed specifically for luxury large units, with the outstanding quality and know-how built up by the teams at Monfalcone,” commented Vincent Arnaud, <a data-gid="gid://syiq/Company/597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CNB - Construction Navale Bordeaux (Company)">CNB Yachts</a> brand representative.<img src="/uploads/store/photo/14614/image/large-a63bb181bf7a2e18c72b4c2d4a6df132.jpg" data-gid="gid://syiq/Photo/14614">“We are delighted to be welcoming the <a data-gid="gid://syiq/Company/597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CNB - Construction Navale Bordeaux (Company)">CNB Yachts’</a> sailing models to Monfalcone because many of us are also passionate about sailing! We are committed to applying the same high standards as for our motor yachts to build these magnificent sailing yachts, for which we will capitalise on all the experience gained producing the exclusive superyachts developed by the <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> team,” added Fabrizio Iarrera, CEO of <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a>.

New location for CNB Yachts production

Beginning in September 2019, the Monfalcone production site will take over construction of CNB Yachts' monohull sailing vessels.

CNB sailing superyachts joins Monte Carlo Yachts production in Monfalcone

Built in 2017 by Italian shipyard <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>, the 31.1-metre motor yacht <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a> (ex: Galego) was sold in December of 2018 to a direct buyer with Carlo Aquilanti of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> representing the seller.<img src="/uploads/store/photo/65211/image/large-614e9a951d1043a40f42be222a8d6504.jpg" data-gid="gid://syiq/Photo/65211">As part of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM's</a> <a data-gid="gid://syiq/YachtModel/6163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CdM Darwin 10231.1m (102'0&quot;)">102 Darwin Class line</a> of explorer yachts, <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a> has a volume of 244 GT. She cruises at a rate of 11.5 knots and can reach a maximum speed of 13 knots. With her exterior designed by <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec S.r.l. (Company)">Hydro Tec</a> and her interior created by <a data-gid="gid://syiq/Company/2146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pierluigi Floris Architetto (Company)">Pierluigi Floris Architetto</a>, <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a> can sleep up to eight guests taken care of by a crew of six. She contains a master and VIP cabin, as well as two guest cabins, and cabins for the captain and crew.The sale of <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a> is notable due to the fact that it was conducted through <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM’s</a> new Pre-Owned Sales Department. While <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> shipyard already assists their clients through the process of building their yacht, the Pre-Owned Sales Department now works as an intermediary to find new owners for yachts already within the <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> fleet.&nbsp;<img src="/uploads/store/photo/11878/image/large-45fd7ec90e0874e67cc6903e68b1f598.jpg" data-gid="gid://syiq/Photo/11878">When a <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> yacht such as <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a> is brought in, the project manager and interior design team of the Pre-Owned Sales Department analyse her features and consider modifications, while the sales team supports the buyer during the handover process.<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has seen success with this method, as the company assisted in the sales of four different yachts shortly after creating the Pre-Owned Sales Department, one of these being the Darwin 102 <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a>. Additionally, <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> reports that the yachts sold through this department experience less depreciation than the average seen in the yacht industry. CdM continues to embrace its new department, having updated their website to include new listings.Carlo Aquilanti, Sales Manager and in charge of the Pre-Owned Department, says: “We are not brokers and we don’t want to be considered as such. We work in close cooperation with the worldwide brokerage community and we are very happy to support them in case one of their clients is looking for a boat with the specifications of the like of Cantiere delle Marche”.At the time of the sale, <a data-gid="gid://syiq/Yacht/6160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hvalross31.1m (102'0&quot;)Cantiere delle Marche (CdM)2017">Hvalross</a>&nbsp;had an asking price of € 8,900,000.

Darwin 102 yacht Hvalross sold

The 31m Darwin 102 explorer yacht Hvalross by CdM has been sold. See more about the deal on SYT.

Darwin 102 explorer yacht Hvalross sold

In a show of corporate strength and personal confidence, Massimo Perotti, Chairman and CEO of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a>, has bought back the shares acquired by third-party stakeholders in recent years.&nbsp;Last July he repurchased the 16% stake held by Fondo Italiano d’Investimento, sold to the venture capital group in 2010 in the wake of the financial crisis. Then just before the Christmas break, he bought back the 23% stake acquired in 2013 by China-based Sundiro Holding when it partnered with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a> to develop the potential of the Chinese market for small boats.<img src="/uploads/store/photo/60009/image/large-336f0a4043e2b0ceec81d0afae33a151.jpg" data-gid="gid://syiq/Photo/60009">"At the time we needed to increase our working capital to support the sector in crisis, and there was also an agreement to help our partners build boats under 20 metres in China,”&nbsp;Perotti told the Italian daily La Stampa. “Now things have changed: boating in the region did not take off and Sundiro has a liquidity problem and needs cash, so they proposed that I buy back their shares.”Perotti happily agreed and now owns 96% of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a> through Holding Family Life, a holding company co-owned with his two children. The remaining 4% is held by the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a> management.<img src="https://sya.superyachttimes.com/uploads/store/photo/49168/image/large-02ebba28a4ed3473f3fb7ffe6a9f4ace.jpg" data-gid="gid://syiq/Photo/49168">"We were able to complete this equity restructuring operation because we have fully emerged from the economic crisis and are reaping the rewards of all our hard work,”&nbsp; Il Sole 24 Ore quotes Perotti as saying. “We are once again a 100% Italian company.”&nbsp; Perotti talks about the “third phase” in the life of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo&nbsp;</a>after he acquired the brand in 2005. There was the period of rapid expansion up until the financial crisis in 2008, when the yachting market collapsed. During the second phase, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a> managed to side-step the worst of the downturn by maintaining production and turnover and avoiding lay-offs. It is now entering the third phase with new investment and expansion plans. “We have recorded an increase in turnover from €300 million in 2017 to €380 in 2018, and we estimate a growth of around 20% to €460 million in 2019,” he says. “And most importantly, we have a portfolio of orders between now and 2020 worth €500 million.”&nbsp; <img src="/uploads/store/photo/41521/image/large-0208151e9622d097d709d376c1cc33f7.JPG" data-gid="gid://syiq/Photo/41521">Perotti is also looking to develop new production lines with the Blue Game shipyard acquired last year and a series of open-coupé boats under the Sanlorenzo Sport label.He has also revealed that he will be working with friend and colleague Carla Demaria after the CEO of <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> broke with parent company Groupe Bénéteau last November. Her precise role is not yet clear, but there is talk of further acquisitions in the pipeline:“Carla is one of the best managers in the business and will be lending us a hand to grow further, but she will not be dealing directly with the Sanlorenzo brand.”

Massimo Perotti buys back sold Sanlorenzo shares

Massimo Perotti, Chairman and CEO of Sanlorenzo, has bought back the shares acquired by third-party stakeholders in recent years.

Sanlorenzo returns to 100% Italian ownership

Like many industries, the superyacht building industry reached its zenith just before the Global Financial Crisis hit in late 2008, with deliveries from the peak period stretching into 2009. 10 years on, the industry has mostly recovered from the hardship of the intervening years, although production in terms of numbers of yacht does not even come close to the record numbers seen around 2008. We compared the period 2007-2009 with the period 2015-2017, the last three years of which we have complete records. What becomes evident immediately is that production in terms of numbers of yachts over 30 metres long is down by 37% from 713 yachts during 2007-2009 to 443 yachts during 2015-2017. The market has also consolidated with the top ten players’ share of total deliveries going up from 32% to 44%.How has the top ten of superyacht builders been reshaped in the intervening years?<img src="https://photo-assets.superyachttimes.com/photo/34330/image/large-b24d99022ac6b92cfa16060955d71a1c.jpg" data-gid="gid://syiq/Photo/34330">Top Ten superyacht builders, 2007-2009 versus 2015-2017, in numbers of 30m+ yachts delivered<img src="https://photo-assets.superyachttimes.com/photo/54797/image/large-e9586b931d8a29f7659bb685a1f9ee8a.png" data-gid="gid://syiq/Photo/54797">Which yards gained?We can see that that the league table has changed significantly, with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a> increasing its production almost threefold, while <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> and <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> remained more or less stable in a smaller market. Meanwhile, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line</a> posted increases of 20 to 30% in their production as well (although that is not the whole story with Feadship, as their production in terms of gross tons increased by over 50%!). <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> went up from 12 yachts during 2007-2009 to 18 yachts during 2015-2017, an increase of 50% putting the yard in fifth place. Taiwanese yard <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a> had delivered just one 30-metre plus yacht by 2009 but was up to 14 yachts during 2015-2017.<img src="https://photo-assets.superyachttimes.com/photo/34094/image/large-a2f98854eaf006035c6e65fd132582b1.jpg" data-gid="gid://syiq/Photo/34094">However, the most impressive new entrants into the top ten are <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> and <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a>. British builder Princess only delivered its first 30-metre plus newbuild in 2011, while Monte Carlo Yachts was only founded in December 2008 and did not deliver its first 30-metre plus newbuild until 2015. Steady performer <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> is in tenth place, even though its production during 2015-2017 at ten yachts was lower than in 2007-2009 when it delivered 14 yachts.Which yards lost?<a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a>, known for their Mangusta brand, and <a data-gid="gid://syiq/Company/362" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard Yachts (Company)">Leopard Yachts</a> were hit particularly hard by the economic crisis, with no deliveries from Leopard Yachts recorded lately, while Overmarine only delivered eight yachts during 2015-2017. Overmarine, however, bounced back over the years and now has a much more diversified portfolio of composite, steel and aluminium motor yachts.&nbsp;Production of yachts longer than 30 metres at <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> dropped to only five yachts in 2015-2017. With the recent introduction of several new models around and over 30 metres, the company is becoming stronger again in the 30-metre plus market.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/50161/image/large-ab165f1b0d338411ca142dba417cbe8e.jpg" data-gid="gid://syiq/Photo/50161">Fellow Italian yard <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> also dropped out of the top ten, delivering only five 30-metre plus yachts during 2015-2017, although these yachts are on average larger than what the yard previously delivered. The yard has also signed some bespoke projects in the past year. Finally, <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> suffered from the decline in demand for US-built yachts. However, the company has recently introduced several new models and has a significant number of yachts in build.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/51022/image/large-d66d5fcd5c1a566b511ac97429758b19.jpg" data-gid="gid://syiq/Photo/51022">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;This article is featured in the latest edition of the SuperYacht Times newspaper. <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription">Subscribe now</a> to receive your copy straight to your door and never miss another issue.

Insight: Top 10 superyacht builders before the global financial crisis and now

According to UCINA, the Italian Marine Trade Association, Carla Demaria has departed as chief executive of Monte Carlo Yachts following a dispute over management and strategic plans with parent company Groupe Beneteau. &nbsp;<img src="/uploads/store/photo/54551/image/large-c9135e35c03317b8a8b33917f5aff2b4.jpg" data-gid="gid://syiq/Photo/54551">Demaria, the current president of UCINA, has openly denounced Beneteau for “illegitimate behaviour” in relation to its Italian subsidiary MCY, accusing the French boatbuilding giant of abusing its majority control of the Italian brand and undermining its value.During a board meeting convened by Demaria on Saturday 10 November, she criticised Beneteau for actions that she believes go against the interests of MCY, its shareholders and employees, and the Italian marine industry in general.&nbsp;<img src="/uploads/store/photo/54497/image/large-a066262817efbc54c633658d2a9f7097.jpg" data-gid="gid://syiq/Photo/54497">Demaria is quoted as saying that “the defence of a premier Italian company is first and foremost.”&nbsp;Demaria had previously communicated her dissatisfaction over management decisions to Annette Roux, majority shareholder and member of Beneteau’s supervisory board, and Yves Lyon-Caen, chairman of the same board. During the board meeting of 10 November, Yves Lyon-Caen revoked Demaria’s executive powers as President of MCY.For its part, Beneteau has repeated its commitment to the brand and announced it will launch three new MCY models in the coming season.

Monte Carlo Yachts: Carla Demaria in opposition to Beneteau

Happy International Women's Day 2018! To celebrate this day, we spoke to influential women from across the yachting industry to hear their inspiring top tips for women who want to get ahead in what is often perceived by many to be a male-dominated industry.&nbsp;Katya Grzeszczak Jaimes<img src="/uploads/store/photo/27377/image/large-5ba944a072e44b7fb23c5eb029576d32.JPG" data-gid="gid://syiq/Photo/27377">Katya Grzeszczak Jaimes is a Sales and Charter Consultant for IYC."The topic of women in yacht brokerage is actually a very 'near and dear' subject to my heart. It’s a fascinating and potentially highly rewarding industry, and as such, it appears very attractive yet very intimidating to many. It was not easy for me breaking in some ten years ago.&nbsp;I had to figure everything out on my own, but having ladies as role models and mentors such as&nbsp;Terry Hines, Barbara Dawson, Ann Landry and Barbara Stork&nbsp;made all the difference. Cultivating courage and perseverance in ourselves as women are key to making it in this high stakes, high tension, fast-paced industry.""The yachting industry is divided in such unique way that more than 90% of all charter brokers in the world are female, and, on the contrary, more than 90% of all sales brokers in the world are men. Having now made a transition into selling mega yachts as well, I feel male yacht brokers accepted me as an equal and professional colleague as soon as I was able to prove myself as a capable and strong sales broker. Seeing female yacht captains out there makes me extremely happy. I’m excited for this industry and for the world, in general, today as I see glass ceilings being crushed all around."&nbsp; Carla Demaria&nbsp;<img src="/uploads/store/photo/27366/image/large-a417ec4f9e14f2a483b2d28fc9aa3995.jpg" data-gid="gid://syiq/Photo/27366"> Carla Demaria is the President of Monte Carlo Yachts, President of the Board of UCINA (the Italian Yachting Federation) and is also a member of the board of directors of the Beneteau Group in France.&nbsp;&nbsp;“I am often asked what my recipe was to succeed in such a male-dominated profession. I believe that passion, competency, consistency, and risk-taking are all necessary, but there is one fundamental thing that women have to equip themselves with: self-esteem. Often women do not dare to ask for progress because they think they are not up to it. In order to change this female attitude, I also believe that it is important that women who have succeeded are out there leading the way for other women."&nbsp; Bonnie McIvor&nbsp;<img src="/uploads/store/photo/27367/image/large-66574397952a7c2d0b2db3f15e9b978b.jpg" data-gid="gid://syiq/Photo/27367"> Bonnie McIvor is the managing director of the superyacht project management company, McIvor &amp; Team.&nbsp;"My experience in the yachting industry has been extremely positive. I would encourage anyone with drive and heart to pursue or continue a career in our industry. My company is a boutique firm focused on project management and auditing. &nbsp;Whilst we don’t fit a typical business model, each year we thrive with repeat and new clients. We operate on a few foundational principles, which are to work with like-minded individuals and build strong teams, that flexibility and structure are not mutually exclusive, and that you should measure success on your own terms." Maria Grazia Franco&nbsp;<img src="/uploads/store/photo/27024/image/large-b4e292d69a8d9a814f65e53b45756d48.jpg" data-gid="gid://syiq/Photo/27024"> Maria Grazia Franco is the Captain of the 72.1-metre superyacht Stella Maris.&nbsp;"I always believed that through hard work, commitment, enthusiasm, preparation, studying, continuous investment in yourself, and love for your job, sooner or later you could achieve what you wanted. It could be a hard and long road for a female in the yachting industry, but if you want to make this job your life career, you have to accept it. And get up after every failure, no matter how many times.""Yes, it may take you more time to get where you want to compare to your male counterpart, but use that extra time to your advantage, to be better and more prepared than your counterpart, when your time finally comes. And don't use difficulties as an excuse for giving up. Believe in yourself, believe you can do it, don't let anyone else tell you otherwise. Love what you do, no matter what. Only if you don't love it enough is it not worth the fight."