Lebanon

Privinvest

In a statement shared on LinkedIn this morning, <a data-gid="gid://syiq/Company/113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMN Yacht Division (Company)">CMN Naval</a> announced that Iskandar Safa, the founder of its owning group <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest</a>, has died after a short battle with a serious illness. The Group shared the following statement;<img src="https://photo-assets.superyachttimes.com/photo/60097/image/large-ef06cab47f3a9ab327605bb60ede1f94.jpg" data-gid="gid://syiq/Photo/60097">"It is with deep sadness that we announce the death of our dear father, husband, brother, uncle, cousin, friend, godfather, boss and leader, Mr Iskandar Safa. A warrior to the end, he had been battling a serious illness for the last few months. He died on his feet in Mougins on 29 January 2024, surrounded by the warmth of his family and friends. The founder and driving force of our Group, Iskandar Safa dedicated his life to his family and his businesses. In keeping with his memory and values, his family will continue to maintain, preserve and develop his legacy and the industrial adventure he pioneered. We will always remember his solar energy, his benevolence, his formidable intellectual acuity, his profound kindness, his great sense of humour and his deep love for those close to him. We ask that the privacy of his family be respected during this time of mourning."Iskandar was co-founder and CEO of the <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest Group</a> that owned German shipyard <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> before its bankruptcy in 2021, in addition to <a data-gid="gid://syiq/Company/113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMN Yacht Division (Company)">CMN</a>. Raised in Lebanon, Iskandar received a civil engineering degree from the University of Beirut, before gaining an MBA from the INSEAD institute in Fontainebleau, France in 1982.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/50478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: Talking Nobiskrug with Iskandar Safa (2019-10-02 17:00:00 +0200)">Insight: Talking Nobiskrug with Iskandar Safa</a><a data-gid="gid://syiq/Article/50478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: Talking Nobiskrug with Iskandar Safa (2019-10-02 17:00:00 +0200)">An interview with SuperYacht Times in 2019</a> Iskandar shared an insight into his background and his introduction to the yachting industry with the acquisition of French shipyard in the 1990s, which he transformed from a struggling company into a thriving enterprise in the space of two years. In addition, <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest</a> had a portfolio of naval shipyards and activities also within Germany including German Naval Yards Kiel (GNYK).&nbsp;

Iskandar Safa of Privinvest has died

Iskanda Safa, founder of Privinvest has died.

Iskandar Safa, co-founder and CEO of Privinvest has died

Sébastien Boutin, Captain of the recently sold 60-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht, <a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a>, joins <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> to discuss his experience at the Monaco Marine shipyard. Captain Boutin has been regularly attending Monaco Marine for many years now, and he has much to say about the promising future of the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/206308/image/large-c70e44305f9cf3389b29a094842f9052.jpg" data-gid="gid://syiq/Photo/206308">Sébastien, it’ll be great to hear about how you discovered the world of the sea, and how long you’ve served at the helm and acted as Captain. Can you tell us a little about this?&nbsp;“I have been working in the yachting industry since 1997, however, I’ve known the industry much longer as I was born into the world of boats. I was barely three weeks old when I began accompanying my father on sailboats. His passion was infectious, which is why from an early age I have been crazy about the sea and boats.”&nbsp;Before discovering the world of yachting, Sébastien undertook four years of study at the Merchant Marine School. Upon graduation, Sébastien didn’t plan on staying on land long. He very quickly took to the sea and served as First Mate on the 49-metre charter yacht, Netanya 7, now <a data-gid="gid://syiq/Yacht/809" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Tania49.0m (160'9&quot;)CMN Yacht Division2001">La Tania</a>. He then took the same position on the larger, 58-metre <a data-gid="gid://syiq/Yacht/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Netanya 858.0m (190'3&quot;)CMN Yacht Division2007">Netanya 8</a> which he worked alongside Captain Jacques Conzales. Following his success with the two <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinivest</a> vessels, he took Captaincy of the 49-metre, New Zealand built, <a data-gid="gid://syiq/Yacht/2304" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sensation49.9m (163'9&quot;)Sensation Yachts2007">Sensation</a> at the young age of 27.Sébastien then took interest in the building of the 60-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht, <a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a>, and followed her construction closely before taking charge of the vessel. Together, they’ve sailed around the world several times since her delivery in 2015. She’s sailed to the Caribbean, Maldives, Thailand, Fiji, Polynesia, Hawaii, Mexico, and California. She has even sailed to British Columbia, Alaska, and Japan. Sébastien is always delighted to return to the Mediterranean though, particularly to La Ciotat and the <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> shipyard, where he feels most "at home".<img src="https://photo-assets.superyachttimes.com/photo/206304/image/large-a4aac93f514baf150a54c725a3329b21.jpg" data-gid="gid://syiq/Photo/206304">How did you first discover the Monaco Marine shipyard at La Ciotat?“I got to know <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marin</a>e early on, that is when I was sailing <a data-gid="gid://syiq/Yacht/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Netanya 858.0m (190'3&quot;)CMN Yacht Division2007">Netanya 8</a>. We had been polluted by a load of metals, which contaminated all the paint on the yacht. There were two potential sites for doing the work: <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> in Barcelona and <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> La Ciotat. I wanted to go to La Ciotat at all costs and that's what happened. And since then, I have become a regular at the shipyard. At the time, we were the second boat to have been lifted into La Ciotat."During his years frequenting La Ciotat, Sébastien could observe all the developments that were taking place at the shipyard. Notably though, when Sébastien first berthed <a data-gid="gid://syiq/Yacht/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Netanya 858.0m (190'3&quot;)CMN Yacht Division2007">Netanya 8</a>, La Ciotat shipyard was not as efficient as it is today. It was just beginning its trajectory of becoming as prestigious as it’s known to be now. <img src="https://photo-assets.superyachttimes.com/photo/206303/image/large-a8a96b3b512aac402291c16222603507.jpg" data-gid="gid://syiq/Photo/206303">What is it about La Ciotat that gives it such an appeal?“The location is a major factor, as the Mediterranean will soon become the best in the world for yacht maintenance. I have to say, I’m proud to have contributed to the development of the site. Not only is it creating jobs in the industry and the region, but it is also becoming a big point of interest for the residents of the area.”“We have a bright future in yachting and La Ciotat is making this possible. There are currently many larger yachts under construction in Europe, so the shipyard has a very promising future. There isn’t even a single delivery slot available until 2025! Going by the work going on here, we can expect some very good years to come in the industry."<img src="https://photo-assets.superyachttimes.com/photo/206309/image/large-4fdcc7c09c825c79bbe912dc79d74eb4.jpg" data-gid="gid://syiq/Photo/206309">What makes you want to come back to&nbsp;<a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>?“First of all, because of how safe the shipyard and the city are. With everything nearby, I can be reassured that my crew will always be okay when out and about and travelling to and from their accommodation. La Ciotat also has a great on-site infrastructure, with a gym, nice crew areas and plenty of activities to get involved in. La Ciotat is definitely the place to be.”“Monaco Marine is also my home and I know everyone there. I am always treated well, and I can trust that the work will be done well and on time. This is paramount, especially for yachts like Formosa which are out to sea a lot. Whenever I need work done, it is obvious to me that it will be done at the <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>. Hence why when <a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a> turned five, and was up for sale, her repainting project was to be trusted to the shipyard.” <img src="https://photo-assets.superyachttimes.com/photo/206307/image/large-f2901e1571adfbcc74f7290d238cbe66.jpg" data-gid="gid://syiq/Photo/206307">Can you tell us a little more about this paint project and the recent sale of&nbsp;<a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a>?&nbsp;“<a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a> was first launched in 2015 and then went up for sale in 2020. To ensure she was immaculate and in keeping with the new owner’s expectations, we decided it best to repaint her. It was an important selling point. Following this decision, we began receiving serious offers from other customers under the care of Jan Jaap Minnema from <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a>.”“<a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> met our deadlines and in just seventeen weeks the painting was done. She looked state-of-the-art; it was a huge achievement. There was really no question of doing this work overseas. We have toured the world with Formosa and visited plenty of shipyards brimming with expertise. There aren’t many that also provide the same calibre of infrastructure as La Ciotat, or who can meet demands as they can.”<img src="https://photo-assets.superyachttimes.com/photo/206310/image/large-63bc895603072fb7349338bdee9685ef.jpg" data-gid="gid://syiq/Photo/206310">Where can we find you and&nbsp;<a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a>&nbsp;now?&nbsp;“I had <a data-gid="gid://syiq/Yacht/3069" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Formosa59.9m (196'6&quot;)Benetti SpA2015">Formosa</a> berthed in La Ciotat last August to do some technical work. Despite the fact that it was a holiday period, every effort was made to ensure that we could set off on time for Mexico. I asked for the work to be finished on September 2nd, giving a week-long buffer before our departure. But it wasn’t necessary because, as asked, she was ready for a crossing the day I asked for.”<img src="https://photo-assets.superyachttimes.com/photo/206311/image/large-d746029b04ba86fcc1379fadbe547e44.jpg" data-gid="gid://syiq/Photo/206311">To find out how the team at <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> can assist you with any of your new-build and refit needs, get in touch with the team now at:

New-build superyacht at Monaco Marine

Captain Sébastien Boutin shares his experience of new-build management at Monaco Marine.

Captain Sébastien Boutin on why Monaco Marine is the best bet for new-builds

The German shipyard <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> has filed for insolvency, according to reports by German news broadcasters. During the filings and insolvency proceedings, which commenced on 12 April, <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> cited “critical developments” on yacht construction having had negative consequences on investment and potential profitability, as the main reasons.<img src="https://photo-assets.superyachttimes.com/photo/68731/image/large-0341919e64beb19d4317204745a22906.jpg" data-gid="gid://syiq/Photo/68731">According to a representative, the pandemic has “exacerbated the situation, as <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> is losing orders and has had to live with the consequences of previous management decisions for a long time”.<a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> is operated under <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest</a>, an international shipbuilding group. The bankruptcy filings come after <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest</a> had not seen any returns on profit, with an investment of approximately 178 million euros, in recent years.

Nobiskrug files for insolvency

 With pre-existing circumstances exacerbated by the pandemic, the German shipyard Nobiskrug has filed for insolvency.

German shipyard Nobiskrug files for insolvency

<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen&nbsp;</a>and German Naval Yards Kiel have announced their intention to bring their naval shipbuilding capabilities together under “a long-term cooperation in naval shipbuilding.” The two shareholding families have agreed on a contractual agreement for the joint venture – subject to approval by the merger control authorities – with the objective of reinforcing the efficiency and sustainability of the German naval shipbuilding industry to compete on a global level. <img src="/uploads/store/photo/119742/image/large-137b921784a6906840b4fefe1ff268c1.jpg" data-gid="gid://syiq/Photo/119742">The German government has been involved in the negotiation process from early on and the agreement should be seen in the light of a recent white paper that identifies naval shipbuilding as key to strengthening national security and the defence industry. In January, the German government announced that it had selected Dutch shipbuilder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen&nbsp;</a>as the main contractor with Hamburg-based <a data-gid="gid://syiq/Company/3" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blohm & Voss GmbH (Company)">&nbsp;Blohm+Voss,</a> a <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> subsidiary, to build the next German Navy frigate, the MKS 180. The award drew sharp criticism from politicians representing Kiel and German Naval Yards challenged the decision.&nbsp;SuperYacht Times doesn’t usually report on commercial or military shipbuilding, but we are making an exception in this case as German Naval Yards Kiel is part of the parent company<a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">&nbsp;Privinvest Holding&nbsp;</a> SAL, which also owns superyacht builder <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> in Rendsburg and the Lindenau shipyard in Kiel, which is primarily focused on repair and maintenance. However, <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug’s</a> sales &amp; marketing director Fadi Pataq has assured SuperYacht Times that the joint venture concerns only naval shipbuilding and has absolutely no links to the yachting activities at <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug.</a>“Germany has first-class naval yards and excellent technologies,”&nbsp;says Iskandar Safa, CEO of <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest Holding SAL</a>.&nbsp;“However, our customers require partners with sufficient scale and capabilities to fulfil large-scale orders of strategic importance. Our customers can be better served if domestic players join forces. We have made an important step into the right direction today.” &nbsp; "We are convinced that the consolidation of our naval shipyards has significant strategic merit and will strengthen their competitiveness in the future,”&nbsp;says Friedrich Lürssen, shareholder of the <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen&nbsp;</a> Group. “We are pursuing this step with the objective to provide a more comprehensive and efficient &nbsp;offering for the supply and maintenance of high-quality naval units to the national customer.”

German Naval Yards Kiel and Lürssen merger announced

Find out all about the Lürssen merger with German Naval Yards Kiel on SYT.  

Lürssen and German Naval Yards Kiel join forces

Talking Nobiskrug with Iskandar Safa

SYT interviewed Mr Iskandar Safa, CEO and Chair of the Privinvest Group, to talk about the thriving Nobiskrug shipyard. 

Insight: Talking Nobiskrug with Iskandar Safa

After a typically busy (and uncharacteristically hot!) summer season, we are finally ready to gear up to the biggest event in the yachting calendar. That’s right, Monaco Yacht Show is just around the corner. To this end, we can introduce our September/October of The SuperYacht Times&nbsp;newspaper which is available<a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription">&nbsp;via subscription</a>, or by picking up your copy at the Monaco Yacht Show. <img src="/uploads/store/photo/96746/image/large-5f4822054620d10a20685c64b49f4f68.jpg" data-gid="gid://syiq/Photo/96746">To get you in the mood, we present our preview of all the new boats you don’t want to miss while pounding the docks (p.24) as well as examining how the show has developed in its 28-year history in our ‘In Pictures’ feature (p.50). In our special Monaco market column, Ralph Dazert delves into the data of the superyacht fleet at the show. Check it out on page 18 to find out all you need to know about this year’s lineup, which represents €3.8 billion’s worth and over 5km of 30m+ boats on display: not bad! <img src="/uploads/store/photo/96747/image/large-9886e2c6b8cdb33e5ed891421bee9837.jpg" data-gid="gid://syiq/Photo/96747">One man who is more than familiar with the ins and outs of Monaco is seasoned superyacht designer<a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">&nbsp;Tim Heywood</a>. I visit him in his tranquil Rutland studio to find out his insights on designing really big boats and chat about his favourite projects. (p.34). Speaking of big boats, we were delighted to have the opportunity to talk about all things<a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">&nbsp;Nobiskrug</a> with Iskandar Safa, CEO and Chair of the<a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)"> Privinvest Group</a>. Despite Safa fitting the description of a ‘man of few words’, we gained fascinating insights into the German yard’s business model, as well as the connections between the military and yachting elements of the <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest Group</a> (p.16). <img src="/uploads/store/photo/96748/image/large-779636dc96c084cf43b3140d3dba25aa.jpg" data-gid="gid://syiq/Photo/96748">For your bi-monthly dose of wanderlust, head to page 52 where the affable owner and wind-farm entrepreneur Brian O’Sullivan explains why British Columbia really is the place to be (and tempts us with promises of whale and bear spotting). If you’re pining after sunnier climes, get yourself to our Travel feature and read the inspiring account of how the owner and crew of superyacht<a data-gid="gid://syiq/Yacht/116" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Dea II49.07m (160'12&quot;)Trinity Yachts, LLC2007">&nbsp;La Dea II&nbsp;</a>stepped up to the plate to provide support after Cyclone Winston struck the tropical paradise of Fiji (p.58).<img src="/uploads/store/photo/96745/image/large-d30c9d6383d54b311d551e409dd75fa1.jpg" data-gid="gid://syiq/Photo/96745">For all of this, and much more, click the subscribe link below and get your copy delivered straight to your door.<img src="/uploads/store/photo/96744/image/large-355aa99a2d5f76f71ea9ddcfd2eefb23.jpg" data-gid="gid://syiq/Photo/96744"> ALSO IN THIS ISSUE OF THE SUPERYACHT TIMES&nbsp;NEWSPAPER: &nbsp; &nbsp;&nbsp;On board - An exclusive look inside the highly-secretive 106-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Yachts&nbsp;</a><a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.5m (349'5&quot;)Lürssen Yachts2016">Amadea</a> Business -&nbsp;Remy Millott on the highs and lows of <a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)">GYG </a>and the IPO Profile -&nbsp;Exploring the future of <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> shipyard with Marcello Maggi... and much, much more. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<a href="https://shop.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title=""><img src="/uploads/store/photo/55401/image/large-6524e9c9dfc37e22bf131ecc39bea57e.png" data-gid="gid://syiq/Photo/55401"></a>

New SuperYacht Times newspaper out now 

It's that time again - the September/October issue of The SuperYacht Times is now available. Find out what's inside!