About SeaNet Europe Ltd.

Malta

SeaNet Europe Ltd.

Having grown up spending his summers on the French Riviera, Matty Zadnikar has always had an infatuation for the sea. After seeing boats – both big and small – each summer, he saved up and bought himself a 16-foot Zodiac. After years of upgrading his boats, Zadnikar eventually made the ultimate upgrade to buy a superyacht. In May 2012, he bought a <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Delfino 93, now named <a data-gid="gid://syiq/Yacht/5570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mister Z28.5m (93'6&quot;)Benetti SpA2014">Mister Z</a>, and discovered the true joys of yacht ownership. However, this is not a story of Zadnikar’s love affair with yacht ownership, it is a story of how his experiences of being an owner led him to establish <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet Europe</a>, most notable for its yacht co-ownership model.<img src="https://photo-assets.superyachttimes.com/photo/202681/image/large-5254577375cf7c08ddaaede4aa945e01.jpg" data-gid="gid://syiq/Photo/202681">Throughout his first two years of yacht ownership, receiving his <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht in 2014, he discovered both the ups and downs of being an owner. While liaising with fellow owners between Mediterranean ports, Zadnikar found that three common themes emerged in the oftentimes cathartic conversations about the positives and perils of ownership. The first was the ‘love-hate’ relationship with ownership. He explained, “You love it when you’re with your friends and family in Saint Tropez, truly nothing is better! But, then the technical side of things emerges. You get a call from your captain about all of the maintenance you must do, which obviously comes at a cost.” He continued, “For owners, it’s not about the money, but it is out of humility that it seems wrong for us to have the feeling of ‘burning’ money in relation to how often I am onboard.”<img src="https://photo-assets.superyachttimes.com/photo/202683/image/large-fecf55f79077d4af3ae7de0d40c3adfe.jpg" data-gid="gid://syiq/Photo/202683">The second theme that emerged in his discussions with other owners is that time on board is often spent taking care of logistics. “When you finally see your head stewardess or captain, it is the perfect – or shall I say imperfect – opportunity to discuss the logistics of the yacht. Though I am there for holiday, I find myself having to take care of managing the yacht.” The third theme is crew management. When you spend much of your time on board, your yacht becomes a home away from home, where you should feel comfortable. For him, finding and keeping the right crew to make life on board easy, was an essential yet difficult task, of which the burden oftentimes fell on the owner.<ul><li><a data-gid="gid://syiq/Article/52520" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe expands fleet with Benetti Delfino 95 (2021-03-08 16:30:00 +0100)">SeaNet Europe expands fleet with Benetti Delfino 95</a></li><li><a data-gid="gid://syiq/Article/53439" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Co-ownership: SeaNet sells all shares in Benetti BD111 (2021-07-27 12:00:00 +0200)">Co-ownership: SeaNet sells all shares in Benetti BD111</a></li><li><a data-gid="gid://syiq/Article/53512" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet and superyacht co-ownership (2021-08-10 12:30:00 +0200)">SeaNet and superyacht co-ownership</a></li></ul>Traditionally, the yachting sector has viewed its customer base as two separate groups: owners and charterers. However, this has been a drastic oversimplification according to Zadnikar, in the wake of these formative conversations, Zadnikar knew that the yachting industry was missing an entire third group of clients who fall in between those who want to be sole owners and those who want to occasionally charter. This group wants to reap the benefits of ownership while minimising operational costs. On sabbatical following the sale of his company and itching to do something new, Zadnikar had a eureka moment: why not combine his love for yachting with his entrepreneurial spirit. For him, the solution was superyacht co-ownership.<img src="https://photo-assets.superyachttimes.com/photo/202685/image/large-376568eb9acdffee5c6287bdd996a5ac.jpg" data-gid="gid://syiq/Photo/202685">Thinking that there must have already been a solution to this problem in place, Zadnikar’s search was empty. Realising that no one in Europe offered co-ownership for superyachts – though such ownership models exist for planes (NetJets), villas and even super cars like Lamborghinis – he knew that it was time to combine his lifelong love of yachting with his entrepreneurial spirit and establish <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet Europe</a> in 2016.Essential to SeaNet Europe is its unique co-ownership model, which enables owners to purchase a certain percent share of ownership. This not only substantially reduces the upfront cost of purchase, but also reduces yearly operational costs. Time on board is guaranteed during peak season (the Mediterranean summer), in the preseason and offseason (the Mediterranean spring and fall), as well as guaranteed within the winter season (in the Caribbean).<img src="https://photo-assets.superyachttimes.com/photo/202680/image/large-d3b608b142f964fadb22189be60e211a.jpg" data-gid="gid://syiq/Photo/202680">Because co-ownership allows owners to split operational costs, superyachts in the <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> fleet are double season yachts as they are transported to the Caribbean for the winter season. Also, due to SeaNet’s model, they provide a rotational crew to ensure that you don’t have to deal with the all-too-common occurrence of high crew turnovers.<a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> provides an array of logistical solutions, which have been developed personally by Zadnikar and his team of experts and consultants. SeaNet has a delegated budget to ensure that there are never unexpected costs and that maintenance is always taken care of to the fullest extent necessary.<img src="https://photo-assets.superyachttimes.com/photo/202684/image/large-59a16f7e01a012c446fbc2ded5b79093.jpg" data-gid="gid://syiq/Photo/202684">Currently, the <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> fleet has completed 16 share deals, with four superyachts in the fleet, with three additional share deals currently in the pipeline. The company recently sold all shares of a 28.95-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Delfino, hull 111. Zadnikar hopes to complete three deals currently in the pipeline so that SeaNet can firmly establish itself as a serious contender in the industry with five yachts in five years. Though many have been receptive to the <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> solution, Zadnikar understands that co-ownership is not for everyone. “Some people just want to own their own yacht. I don’t say that people should not buy their own yacht. I simply explain to them what the advantages of co-ownership are. Ownership is to be enjoyed whether it’s sole or co-ownership!”<img src="https://photo-assets.superyachttimes.com/photo/202679/image/large-e14541cceef563b9f610f70bfdbb40f7.jpg" data-gid="gid://syiq/Photo/202679">Having had many tell him that such a concept would never succeed because of people’s apprehension, Zadnikar doesn’t bat an eye. With the backing of <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> by a major industry player, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, who has supplied each of the yachts in the fleet, confidence in the brand is apparent across the board. When dealing with apprehension, Zadnikar lets the numbers speak for themselves. “When I get the chance to put people in a room and explain our concept to them, it’s financially a no brainer to them.” He continued, “One of the first hurdles is ensuring people that it isn’t a timeshare. When you timeshare, you buy time. When the company who owns the asset goes bankrupt, your timeshare is gone. What we do is very simple: we sell a share and you get an ownership title in an owning company, which is entirely yours.”<img src="https://photo-assets.superyachttimes.com/photo/202678/image/large-f212cc7b696803d35da829988822f038.jpg" data-gid="gid://syiq/Photo/202678">For Zadnikar and <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a>, one thing is certain: When the cost of purchasing and maintaining a superyacht outweighs the time spent on board and the extent to which you can enjoy it – often due to the logistics of ownership – considering co-ownership can put fun and simplicity into ownership. “When you’re on board, it has to be full holiday, full enjoyment mode.”For more information about <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a>’s innovative co-ownership model as well as the other yacht services they also provide, please use the contact information below.

SeaNet and superyacht co-ownership

SYT find's out about SeaNets co-ownership platform and how it can help you buy your superyacht.

SeaNet: Putting enjoyment back into superyacht ownership

Custom yacht ownership firm, <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a>, has announced that all shares have been sold for co-ownership of the 28.95-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> BD111, part of the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Delfino 95 series of yachts. The yacht is due to be launched this summer, and will cruise the Mediterranean this summer and the Caribbean this winter.<img src="https://photo-assets.superyachttimes.com/photo/199340/image/large-e6050d70c52890b4d062050e00412ff8.jpg" data-gid="gid://syiq/Photo/199340"><a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> signed the letter of intent in March 2021 and sold their last share recently. The Benetti BD111 is the eleventh hull of the Delfino 95 class and accommodates up-to 10 guests across her five staterooms, perfect for families wanting to use her for vacation.<img src="https://photo-assets.superyachttimes.com/photo/199344/image/large-f42e12efedfbb57746f16490b1b5ad7a.jpeg" data-gid="gid://syiq/Photo/199344">Following the sale of BD111, <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> are now offering co-ownership, for up-to four owners, for another <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Delfino 95, launched in 2020. Co-owners will each receive a 25 percent share of the yacht with guaranteed days on board during pre-season, high season and post season. The ownership will be fully managed by SeaNet.

SeaNet sells all shares in Benetti BD111

SeaNet has announced that all shares have been sold for the Benetti BD111, and a second Benetti Delfino 95 model is now available to four co-owners.

Co-ownership: SeaNet sells all shares in Benetti BD111

<a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet Europe</a> has announced the latest addition to its fleet: a new 28.95-metre yacht, Benetti Delfino 95. Currently in build, she is expected to be delivered to the <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> fleet in June this year and will be available for co-ownership. The purchase of the Benetti Delfino 95 marks SeaNet’s fourth <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> yacht added to its fleet since 2016.<img src="https://photo-assets.superyachttimes.com/photo/189046/image/large-31bef45fae262bb1160eb1d89fc5c44e.jpg" data-gid="gid://syiq/Photo/189046">The Benetti Delfino 95 will feature a light, contemporary interior equipped with five staterooms designed by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. With an exterior design by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio M. Cassetta (Company)">Giorgio M. Cassetta</a>, the yacht will also come complete with a new 10-metre chase boat and a five-person rotational crew.<img src="https://photo-assets.superyachttimes.com/photo/189018/image/large-52e123e5047727a7ca90ac70601425e3.jpg" data-gid="gid://syiq/Photo/189018"><img src="https://photo-assets.superyachttimes.com/photo/189024/image/large-79c0ed5368c94292d87a8f868a605801.jpg" data-gid="gid://syiq/Photo/189024"><img src="https://photo-assets.superyachttimes.com/photo/189019/image/large-7ede1e750b3b48495d70eb3f6f00f962.jpg" data-gid="gid://syiq/Photo/189019"><img src="https://photo-assets.superyachttimes.com/photo/189021/image/large-8bb7d1bb03292a4194a1aa928ca515b9.jpg" data-gid="gid://syiq/Photo/189021"><a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet Europe</a> offers clients models for yacht ownership and co-ownership which ease financial costs and some of the logistical challenges associated with yacht ownership. Matty Zadnikar, the CEO of <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> says: “At <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> we have been able to offer existing owners and future yacht owners the opportunity to join us not only to reduce the running costs and management of their yacht but also to remove the hassle and stress that comes with it.” Co-owners interested in sharing the new Benetti Delfino can make use of <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a>’s concierge service, yacht management and personalisation options.<img src="https://photo-assets.superyachttimes.com/photo/189049/image/large-868ac48fc053e987fc4bb81bd237b911.jpg" data-gid="gid://syiq/Photo/189049"><img src="https://photo-assets.superyachttimes.com/photo/189048/image/large-7cac5dd25cb91b3002c413895e3e446b.jpg" data-gid="gid://syiq/Photo/189048"><img src="https://photo-assets.superyachttimes.com/photo/189034/image/large-f3f53c1093750cb0d7cd365f561155e3.jpg" data-gid="gid://syiq/Photo/189034">

29m yacht Benetti Delfino 95 added to SeaNet fleet

The latest addition to SeaNet Europe’s fleet is a new 29m yacht Benetti Delfino 95. She is expected to be delivered in June 2021.

SeaNet Europe expands fleet with Benetti Delfino 95

The 35.5-metre <a data-gid="gid://syiq/YachtModel/6100" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Mediterraneo 11635.5m (116'6&quot;)">Benetti</a> yacht <a data-gid="gid://syiq/Yacht/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uny 35.5m (116'6&quot;)Benetti SpA2018">Uny</a>&nbsp;has been sold after 282 days on the market with a last known asking price of €2,995,000. <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet Europe</a> represented the seller in the closing of the sale. <img src="https://photo-assets.superyachttimes.com/photo/183000/image/large-c65b2981bfb3a948bea0f168dfc33401.jpg" data-gid="gid://syiq/Photo/183000">With the sale of the final share of 22.2%, the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti&nbsp;</a>Mediterraneo 116 yacht is now the fourth co-ownership yacht in the <a data-gid="gid://syiq/Company/6175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SeaNet Europe Ltd. (Company)">SeaNet</a> fleet. <a data-gid="gid://syiq/Yacht/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uny 35.5m (116'6&quot;)Benetti SpA2018">Uny</a> has six like-minded owners who will charter the yacht in both The Caribbean and Europe<img src="https://photo-assets.superyachttimes.com/photo/183001/image/large-37c4acfb19946e9dcb4f2ca059934c87.jpg" data-gid="gid://syiq/Photo/183001"><img src="https://photo-assets.superyachttimes.com/photo/183002/image/large-036a52dc72a6dc931989caa86af922b8.jpg" data-gid="gid://syiq/Photo/183002">The 2018 <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>-built vessel features classic exterior lines from the drawing boards of &nbsp;Italian designer <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio M. Cassetta (Company)">Giorgio M Casetta&nbsp;</a>and combines this with light, bright interiors developed by design company <a data-gid="gid://syiq/Company/4944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RADYCA INC (Company)">RADYCA</a>.<img src="https://photo-assets.superyachttimes.com/photo/182999/image/large-3f8a99275c038256e15b2108e7b30f58.jpg" data-gid="gid://syiq/Photo/182999"><img src="https://photo-assets.superyachttimes.com/photo/182998/image/large-a66da030f25a673b935e00c439521246.jpg" data-gid="gid://syiq/Photo/182998"><img src="https://photo-assets.superyachttimes.com/photo/182995/image/large-de07473a2d1868e56141583290e96cfc.jpg" data-gid="gid://syiq/Photo/182995"><a data-gid="gid://syiq/Yacht/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uny 35.5m (116'6&quot;)Benetti SpA2018">Uny&nbsp;</a>can accommodate up to 10 guests in five cabins, including one owner’s suite. She features &nbsp;an 80-square-metre sun deck, interiors which are flooded with natural light and a crew of seven.<img src="https://photo-assets.superyachttimes.com/photo/182996/image/large-375e908eb58517a7692d298ad0bf3f63.jpg" data-gid="gid://syiq/Photo/182996">The 271 GT yacht is powered by two MAN diesel engines, allowing her to cruise comfortably at 14 knots and reach a top speed of 15 knots.

New co-owner of 36m Benetti Mediterraneo 116 yacht Uny

Partial ownership of the Benetti yacht, Uny, has been sold with a last-known asking price of €2,995,000.