Italy

Tecnomar

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has been granted 60 days to submit its final restructuring plan after the Court of Florence formally opened proceedings under Article 44 of Italy's Crisis and Insolvency Code.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The court approved the company's application, filed on 1 July, and appointed three judicial commissioners to oversee the process. In its order, the court said <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> proposed restructuring appears to be structured with the objective of preserving the company as a going concern.The company said business activities will continue as normal under the protection of court-ordered measures that prevent creditor enforcement actions during the restructuring. The 60-day deadline may be extended by the court if necessary.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing marks a further step in <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG’s</a> restructuring process after the company said it could no longer pursue a turnaround solely within Italy’s negotiated settlement framework. Its board resolved on 30 June to seek protection under Article 44, with the application filed the following day.Read: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>In a recent market update, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> disclosed consolidated net financial debt of approximately €178.7 million and €266.8 million in overdue liabilities as of 31 May 2026. The company also confirmed that accumulated losses had <a href="https://www.superyachttimes.com/yacht-news/tisg-enters-restructuring-phase-share-capital-below-legal-minimum" target="_blank">reduced its share capital below the legal minimum</a> required under Italian law.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>Despite missed loan repayments, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said its lending banks have not accelerated outstanding borrowings while restructuring negotiations continue. The company has also received a €25 million interest-free shareholder loan from controlling shareholder GC Holding to support liquidity during the process.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, which owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, said it will continue operating its new-build and refit businesses while it prepares the restructuring proposal.

TISG granted 60 days to file restructuring plan

The Italian Sea Group (TISG) has been granted 60 days to submit its final restructuring plan.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has released an updated market disclosure outlining its financial position as of 31 May 2026, providing further insight into the Italian superyacht builder's ongoing restructuring process.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The filing, published at the request of Italian financial regulator Consob, follows <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> entry into Italy's Negotiated Crisis Settlement procedure in March after the company disclosed internal financial irregularities. It comes weeks after the builder confirmed that accumulated losses had reduced its share capital below the statutory minimum required under Italian law.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a>As of 31 May 2026, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG Group</a> reported a consolidated net financial debt of around €178.7 million, including over €154.6 million in bank debt and cash and cash equivalents of approximately €7.5 million. The parent company, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG S.p.A</a>, reported a net financial debt of over €179.6 million.The disclosure also details €266.8 million in overdue liabilities across the group. This comprises over €42.6 million in overdue financial liabilities, over €77.6 million in trade payables, around €98 million owed to factoring companies, over €29.3 million in tax liabilities and over €18.1 million in social security liabilities.<img src="https://photo-assets.superyachttimes.com/photo/278854/image/large-10473eb6d3fdc1c0fbd3a7cdaa4e5d83.jpg" data-gid="gid://syiq/Photo/278854">According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, although the missed repayment of certain loan instalments entitles its lending banks to declare all outstanding borrowings immediately due, they have not exercised this right while negotiations continue under the court-supervised restructuring process.The company also revealed that it has received 30 payment orders from creditors since entering the restructuring procedure on 16 March, representing claims totalling approximately €2 million. Of these, 22 have been settled for an agreed amount of €408,000, while several others have either been challenged, are under negotiation or will be addressed as part of wider financial restructuring discussions.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing confirms that <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> remains protected by measures granted by the Court of Florence on 20 April, which remain in force until 14 July 2026. The company said these measures continue to stay enforcement actions by creditors covered by the court order while negotiations with lenders and other stakeholders progress.Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>The update also provides further details on the €25 million interest-free shareholder loan granted by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> controlling shareholder, GC Holding S.p.A. The company said the funding was introduced after cost overruns across the majority of its yacht construction contracts reduced operating margins and placed significant pressure on cash flow while production continued on vessels under construction.The shareholder loan is subordinated to the company's bank debt and is repayable by 31 December 2032.An Ordinary Shareholders' Meeting has been convened for 22 July 2026 to consider the company's financial position and the measures required to restore its share capital.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Moreover, the company’s Board of Directors, which met on 30 June 2026, resolved to file a petition pursuant to Article 44 of Legislative Decree No. 14/2019 (the so-called “domanda prenotativa”), in order to access protective legal measures and safeguard business continuity.The decision follows recent developments in discussion with shipowners, which the company said no longer made it possible to pursue a turnaround solely within the framework of the negotiated settlement procedure. The filing, expected to take place immediately, will allow the company to operate under court protection while preparing a restructuring plan.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, and continues to operate its new-build and refit businesses while the restructuring process remains ongoing.

The Italian Sea Group reports financial debt

The Italian Sea Group (TISG) has released an updated market disclosure outlining its financial position as of 31 May 2026.

TISG reports over €178 million net financial debt in latest restructuring update 

The 30.6-metre <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> motor yacht <a data-gid="gid://syiq/Yacht/4738" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shadow30.6m (100'5&quot;)Tecnomar2013">Shadow</a> has been sold, with Cooper Chapman of <a data-gid="gid://syiq/Company/8528" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CHAPMAN (Company)">Chapman Yachting</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/397069/image/large-02c99f89020d2cbe11e6d0ee1aef28d7.jpg" data-gid="gid://syiq/Photo/397069">Built with a GRP hull and superstructure, the yacht was delivered in 2013. She features naval architecture and exterior design penned in-house by <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>.&nbsp;At a volume of 152 GT, <a data-gid="gid://syiq/Yacht/4738" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shadow30.6m (100'5&quot;)Tecnomar2013">Shadow</a> can accommodate up to eight guests across four guest staterooms. Guests can enjoy her entertainment areas, comprising upper and lower deck bars and a swim deck with an electronic swim ladder. Up to 10 guests can also dine alfresco on the aft deck, completing <a data-gid="gid://syiq/Yacht/4738" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shadow30.6m (100'5&quot;)Tecnomar2013">Shadow’s</a> onboard experience.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/4738" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shadow30.6m (100'5&quot;)Tecnomar2013">Shadow</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a cruising speed of 22 knots and a top speed of 27 knots.Photo courtesy of <a data-gid="gid://syiq/Company/8528" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CHAPMAN (Company)">Chapman Yachting</a>.

Tecnomar yacht Shadow sold

The 30.6-metre Tecnomar motor yacht Shadow has been sold.

31m Tecnomar motor yacht Shadow sold

<a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a> has unveiled the first interior images of the 46.57-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> motor yacht <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a>, following an extensive refit in Greece. <img src="https://photo-assets.superyachttimes.com/photo/395063/image/large-824218241bd210f9285805c33bbe2f35.jpg" data-gid="gid://syiq/Photo/395063">Originally delivered in 2014 by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> features exterior design by <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a>, while her interior was penned by <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>, with naval architecture by <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>.<img src="https://photo-assets.superyachttimes.com/photo/395031/image/large-6915607b905990c456e3c72631f6cc67.jpg" data-gid="gid://syiq/Photo/395031">Named after the Greek word meaning “the blessed one,” <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> draws deeply from the luminous beauty of the Greek islands. “The vessel has undergone a complete rebirth,” explained <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>.<img src="https://photo-assets.superyachttimes.com/photo/395023/image/large-e27116897be38aed57e8ec08f56e1e43.jpg" data-gid="gid://syiq/Photo/395023">“She has emerged as a serene floating sanctuary, inspired by the timeless elegance of the Mediterranean. <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> redefines the language of contemporary yachting through a visionary approach to interior architecture, atmosphere, and experiential luxury.”<img src="https://photo-assets.superyachttimes.com/photo/395033/image/large-e40d731ac494e99a6ddb4122dbbdba49.jpg" data-gid="gid://syiq/Photo/395033"><a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a> approached the project with the philosophy of creating a private residence at sea, rather than a traditional yacht interior. Inspired by the crisp white architecture, warm golden light, and natural textures of coastal Greece, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> boasts a deeply intimate and effortlessly sophisticated atmosphere onboard.<img src="https://photo-assets.superyachttimes.com/photo/395041/image/large-fdfe1889625f39ea7d344d3ba49fdedb.jpg" data-gid="gid://syiq/Photo/395041"><img src="https://photo-assets.superyachttimes.com/photo/395043/image/large-0874976dbd5ac38d1605721acbf6c18d.jpg" data-gid="gid://syiq/Photo/395043"><a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> is adorned with linens, woven finishes, soft brushed metals, sculptural lighting and a neutral colour palette. The perception of space has also been taken into account, with proportion, texture and natural light used to create airy and expansive spaces. <img src="https://photo-assets.superyachttimes.com/photo/395047/image/large-adb0d8dc640afd876b7d3ec26fab336d.jpg" data-gid="gid://syiq/Photo/395047"><img src="https://photo-assets.superyachttimes.com/photo/395050/image/large-415d46e3a7d189ffcb24fd614132c0e3.jpg" data-gid="gid://syiq/Photo/395050"><a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> can accommodate up to 12 guests across five sumptuous staterooms, each of which has been conceived as a tranquil retreat, layered with soft textures, bespoke detailing and a warm contemporary elegance.<img src="https://photo-assets.superyachttimes.com/photo/395073/image/large-06e8b6292da7a2b1626a8cf0821c2d86.jpg" data-gid="gid://syiq/Photo/395073"><img src="https://photo-assets.superyachttimes.com/photo/395052/image/large-9a2d7276ea81527925ca65bb34ed59b0.jpg" data-gid="gid://syiq/Photo/395052"><img src="https://photo-assets.superyachttimes.com/photo/395058/image/large-dd9ca9e55d6a2104bf43ede7a03be0fd.jpg" data-gid="gid://syiq/Photo/395058">Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, providing her with a cruising speed of 15 knots and a transoceanic range of 6,000 nautical miles. <img src="https://photo-assets.superyachttimes.com/photo/395061/image/large-b04ec876caace722e7226a1b3da96681.jpg" data-gid="gid://syiq/Photo/395061"><img src="https://photo-assets.superyachttimes.com/photo/395054/image/large-592f4fdf9668bc04dd6529adc320687f.jpg" data-gid="gid://syiq/Photo/395054">Currently sailing beneath the Malta flag and moored in the crystalline waters of Greece, <a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> feels entirely at home within the Mediterranean landscape that inspired her rebirth. “<a data-gid="gid://syiq/Yacht/4739" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axios46.57m (152'9&quot;)Admiral2014">Axios</a> is ultimately more than a superyacht,” concluded <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>.<img src="https://photo-assets.superyachttimes.com/photo/395070/image/large-d5fd60ac06ceeca62aed31ffb907a73d.jpg" data-gid="gid://syiq/Photo/395070"><img src="https://photo-assets.superyachttimes.com/photo/395072/image/large-d1244a592b73d2fc06fa401136bfdacc.jpg" data-gid="gid://syiq/Photo/395072">“It is a true icon reimagined and a testament to <a data-gid="gid://syiq/Company/6198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bergman Design House (Company)">Bergman Design House</a>’s ability to turn design into experience, and luxury into art.(Images courtesy of Bergman Design House.)<img src="https://photo-assets.superyachttimes.com/photo/395071/image/large-df0ae78007e217b8677b029e79934bfe.jpg" data-gid="gid://syiq/Photo/395071">

Axios: 47m Admiral yacht completes extensive refit

Bergman Design House has unveiled the first interior images of the 46.57-metre Admiral motor yacht Axios, following an extensive refit in Greece.

First look at 47m Admiral yacht Axios following extensive interior refit

MEDYs largest yachts attending


SuperYacht Times takes a closer look at the largest yachts set to attend MEDYs 2026.

Largest yachts attending the Mediterranean Yacht Show 2026

myba charter show 2026 list of yachts

 SuperYacht Times presents a compilation of the yachts attending this year’s MYBA Charter Show in Sanremo, Italy.

Yachts attending the MYBA Charter Show 2026

Since its formation in 2009, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> has followed a growth strategy centred on acquisitions and brand consolidation. The <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s initial expansion began with the acquisition of <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, followed by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> and <a data-gid="gid://syiq/Company/194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NCA Refit (Company)">NCA Refit</a>, extending its reach across multiple yacht segments. In 2021, the acquisition of <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi S.p.A.</a>, including the <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, further diversified the portfolio. Alongside brand acquisitions, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a> has also invested in supply chain companies such as <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi Interiors.</a>In November 2024, Gianmaria was appointed Chief Commercial Officer, overseeing the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s commercial activities at a global level, including sales operations across its portfolio of brands. SuperYacht Times sat down with Gianmaria to discuss his entry into the yachting sector and his initial areas of focus at <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>, alongside his perspective on the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s current position and outlook.<img src="https://photo-assets.superyachttimes.com/photo/386329/image/large-5b57b6cc7647b019165636d2e632aab4.jpg" data-gid="gid://syiq/Photo/386329">From finance to yachting“My background was completely different from the yachting sector. I graduated in economics and finance at Bocconi, and my early career was focused on numbers, first working in private equity in London and then in mergers and acquisitions in Italy,” Gianmaria says.Despite his non-maritime background, he notes that a grounding in finance and economics is directly relevant to his role within the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s commercial organisation. “Yacht sales involve very high values. Having a strong understanding of budgets, margins and how these yachts are sold is essential. Even without a background in yachting, my experience in finance and economics aligns closely with what I am doing today.” Immediate focus after his appointment at TISGWhen asked about his immediate priorities on joining the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>, Gianmaria points to expanding international reach and clarifying brand positioning across the portfolio. “My first focus was to expand the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s international network,” he says. “At the same time, it was important that each brand had its own identity and clearly defined products, so that clients could understand what distinguishes <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>.” He notes that this work began earl 2025, citing projects such as the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> 53-metre concept and the <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> for Lamborghini 101, presented at the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show 2025</a>.Asked how this differentiation is maintained in practice, Gianmaria acknowledges the complexity of managing a multi-brand structure, where overlap can occur. “When you have several brands, the risk of redundancy is always there, both in products and in brand characteristics,” he says.<img src="https://photo-assets.superyachttimes.com/photo/386333/image/large-afa0882c27e8f71d483d79ce693fd7cf.jpg" data-gid="gid://syiq/Photo/386333">He explains that the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s response has been to define each marque according to clear design, size and usage parameters. <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> is positioned around sporty yachts in smaller size ranges, including the <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> for Lamborghini collaboration. <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, by contrast, follows a more understated and explorer-oriented approach, with projects such as Exuma and Nautilus and the recent 53-metre concept reflecting a more contemporary interpretation of the brand.<a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, he adds, is centred on elegant motor yachts, with the current direction focused on larger custom projects alongside its established semi-custom range. “We currently have a 100-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> yacht under construction,” Gianmaria notes, adding that the yard’s dry dock allows for projects of up to 140-metres, while the semi-custom line continues across the 40-metre, 50-metre and 55-metre segments.Turning to <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>, Gianmaria emphasises continuity in the brand’s sailing focus, noting that “<a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> remains dedicated to sailing yachts, primarily in aluminium or steel and aluminium construction, with projects ranging from 47-metres to 77-metres”.<img src="https://photo-assets.superyachttimes.com/photo/386334/image/large-ce74ea3034cc6e3e079902c522dad150.jpg" data-gid="gid://syiq/Photo/386334">Balancing heritage and innovation at PicchiottiFollowing the acquisition of <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti Yachts</a> in 2022, a brand whose shipbuilding heritage traces back to 1575 in Viareggio, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> moved to reposition it through the development of a new motor yacht range known as the Gentleman Line, alongside larger-scale concepts.The 24-metre model marks the first vessel in the series, intended to span from 24-metres to 55-metres, developed in collaboration with <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a>. Rather than relying solely on renderings, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a> chose to introduce the line with a physical yacht. “It was important to launch the line with a real vessel,” Gianmaria says.He explains that presenting a physical yacht allowed the brand’s proportions, spatial logic and on-water performance to be experienced directly, establishing a tangible reference point for this dimension of the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> identity.<img src="https://photo-assets.superyachttimes.com/photo/386336/image/large-342beceff93502dbcfafd2d600662bbb.png" data-gid="gid://syiq/Photo/386336">Expanding on the direction established with the Gentleman Line, the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> P53 applies the same design philosophy at a larger scale. Conceived as a fully aluminium motor yacht, the model reflects what Gianmaria describes as a sailing-inspired approach to motor yacht design. “The idea behind <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> motor yachts was to create sailing yachts without the mast,” he says.He presents the P53 as expressing another dimension of the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> identity, combining contemporary motor yacht architecture with principles traditionally associated with sailing vessels. In practical terms, this translates into an emphasis on proportion, longitudinal continuity and volumes developed horizontally to reinforce a strong visual relationship with the sea.Design features include a pronounced bow, open beach clubs and fold-down balconies, alongside expansive exterior areas. Aluminium construction and a relatively shallow draught further contribute to operational flexibility across different cruising grounds.<img src="https://photo-assets.superyachttimes.com/photo/386335/image/large-1f8bd4aae5d129499769cf2617ee161d.jpg" data-gid="gid://syiq/Photo/386335">From expansion to consolidationLooking back over the past five years, Gianmaria describes an initial phase of acquisitions followed by a shift towards internal development. One of the most significant steps during that period, he notes, was the gradual increase in ownership and integration of <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a>, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s interiors specialist.“<a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a> was an important step for us,” Gianmaria says. “Beyond the increase in ownership, we invested in restructuring the company and expanding its capacity, which allowed a larger share of interior production to be handled internally.”<img src="https://photo-assets.superyachttimes.com/photo/386331/image/large-9a49d17675cd530154e2543599701e8f.jpg" data-gid="gid://syiq/Photo/386331">Alongside the acquisitions of <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi&nbsp;</a>and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, he explains that recent efforts have focused less on further purchases and more on strengthening how the organisation operates. This has included closer coordination between sales, marketing and research and development, as well as plans to expand dedicated R&amp;D functions.At the headquarters in Marina di Carrara, this shift has also translated into physical expansion, with new areas under development intended to support client engagement and closer collaboration between commercial and technical teams. Collectively, these measures reflect a move towards greater internal integration and verticalisation of the production process.<img src="https://photo-assets.superyachttimes.com/photo/386330/image/large-2f4845c1630591bedb009401d00f975b.jpg" data-gid="gid://syiq/Photo/386330">While Giovanni Costantino continues to oversee the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">group</a>’s industrial direction, Gianmaria’s remit has centred on refining its commercial structure and brand architecture during this latest phase, reinforcing the transition from acquisitive growth towards a more integrated operating model.

Gian Maria Costantino on expansion and consolidation at TISG

Gian Maria Costantino outlines The Italian Sea Group’s strategic shift from acquisitions to consolidation, brand positioning and internal integration.

From expansion to consolidation: Gianmaria Costantino at The Italian Sea Group

The 43.5-metre <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> superyacht <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a> has entered the market with Michel Chryssicopoulos of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> and <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a>. Delivered in 2024, the <a href="https://www.superyachttimes.com/yachts/this-is-it/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht This Is It for sale</a>, showcases a radical exterior profile, which breaks away from traditional yacht design. <img src="https://photo-assets.superyachttimes.com/photo/382746/image/large-290d3527e9f1d1ae092d7835e40c20b5.jpg" data-gid="gid://syiq/Photo/382746">In 2023, <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a> made her world debut at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show</a>, where Project Manager Karolos Konstantinidis said, “Her name says everything, <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a>, this is the yacht, this is the future.”&nbsp;Read: <a data-gid="gid://syiq/Article/58788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard the radical new 44m Tecnomar superyacht This Is It with her designers (2023-10-09 14:30:00 +0200)">Onboard the radical new 44m Tecnomar superyacht This Is It with her designers</a><img src="https://photo-assets.superyachttimes.com/photo/322279/image/large-df4f06b7b010384e03bbb0d2de6b55b4.jpg" data-gid="gid://syiq/Photo/322279">The radical multihull <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features an asymmetric layout, bold exterior design and 600 square-metres of curved glass windows wrapped around her superstructure. She features exterior design by <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, alongside naval architecture by <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral Naval Architects</a>. <img src="https://photo-assets.superyachttimes.com/photo/382745/image/large-3fc2859cb766b9d10358e843d4674228.jpg" data-gid="gid://syiq/Photo/382745"><a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a> boasts a futuristic and striking interior design that mirrors her exterior, stemming from the boards of Mattia Piro and Gian Marco Campanino of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. Inspired by the automotive industry, she blends Alcantara suede fabrics, metallic surfaces and bronze, platinum and gold metals, with a neutral colour palette and glossy leathers.<img src="https://photo-assets.superyachttimes.com/photo/322269/image/large-8ffcc614afc91a3cc941a0a64d51ba27.jpg" data-gid="gid://syiq/Photo/322269">The main saloon of <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a> features a dedicated bar and games area, adorned with a rare and bespoke crystal light fixture. This volcano-inspired space flows into her opulent dining area with seating for up to 12 guests around her circular table.<img src="https://photo-assets.superyachttimes.com/photo/382747/image/large-023bb035f49ef8e2c75f4af39287324f.jpg" data-gid="gid://syiq/Photo/382747"><img src="https://photo-assets.superyachttimes.com/photo/322266/image/large-ae1fb3820b2517005965893047846d05.jpg" data-gid="gid://syiq/Photo/322266">The showstopping <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> combines a fusion of innovative design with tradition seamlessly. With accommodation for up to 12 guests, her owner’s suite is located on the upper deck and is reminiscent of a futuristic oasis on the sea, with an impressive ceiling high of 3.3-metres.<img src="https://photo-assets.superyachttimes.com/photo/382744/image/large-24904fc5ebb6f535a83d7d63f498327a.jpg" data-gid="gid://syiq/Photo/382744"><img src="https://photo-assets.superyachttimes.com/photo/382743/image/large-babbccd567d581555e0d4c878e3f3ffc.jpg" data-gid="gid://syiq/Photo/382743">As well as this, her ceiling features a unique organically-shaped skylight, providing ample light into the room and the opportunity to sleep under the stars. Her owner also remains connected with their surroundings, thanks to an expansive panoramic terrace, overlooking the deck below and giving the illusion of being in a seaview villa.<img src="https://photo-assets.superyachttimes.com/photo/322275/image/large-bdfce27ab9a5316b89a0daaa10be2fbc.jpg" data-gid="gid://syiq/Photo/322275"><img src="https://photo-assets.superyachttimes.com/photo/322272/image/large-10f1c850429e4fafcdd4c5898ba7d802.jpg" data-gid="gid://syiq/Photo/322272">Moving outside, <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a> boasts a sumptuous vertical garden which spans two decks, as well as a luxurious spa situated on her upper deck, a treatment area, sauna and shower. The <a href="https://www.superyachttimes.com/yachts/tecnomar/for-sale" rel="noopener noreferrer" target="_blank" title="">Tecnomar yacht for sale</a> is also equipped with all the latest toys and tender including a 15-metre Technohull chase rib, a six-metre Castoldi tender rib, <a data-gid="gid://syiq/Company/3590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabob Adriatic (Company)">Seabobs</a> and Jet Skis.<img src="https://photo-assets.superyachttimes.com/photo/322271/image/large-137bba36185d1cc331f3f02d0b77cb9c.jpg" data-gid="gid://syiq/Photo/322271">A key feature of <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</a>, is her modern wheelhouse, which wouldn’t look amiss in an episode of Star Trek. Providing 180-degree panoramic views, the high-tech wheelhouse of the future contains touch screen panels and mirrors a spaceship aesthetic.<img src="https://photo-assets.superyachttimes.com/photo/322284/image/large-38eacc1184c3ad28c7aa74c3a9992860.jpg" data-gid="gid://syiq/Photo/322284">In terms of performance, <a data-gid="gid://syiq/Yacht/10542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="This Is It I43.5m (142'9&quot;)Tecnomar2024">This Is It</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> 16V 2,00 M96L engines, providing her with a top speed of 19 knots, a cruising speed of 17 knots and a range of 3,500 nautical miles at 10 knots.<img src="https://photo-assets.superyachttimes.com/photo/322276/image/large-744ee873b87d2ff50796fe41d5fb4ee2.jpg" data-gid="gid://syiq/Photo/322276">In compliance with <a data-gid="gid://syiq/Company/4531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Maritime Organization (Company)">IMO</a> Tier III requirements, This Is It is also equipped with state-of-the-art exhaust gas treatment technology (SCR – Selective Catalytic Reduction) to reduce nitrogen oxide (NOx) emissions.

This Is It: 44m Tecnomar yacht for sale

The 43.5-metre Tecnomar superyacht This Is It has entered the market for the first time since her delivery in 2024. 

44m futuristic Tecnomar yacht This Is It for sale for the first time

<a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a> has announced the appointment of Maurizio Magri as Chief Commercial Officer (CCO) and as a new Board member.<img src="https://photo-assets.superyachttimes.com/photo/381239/image/large-80ade71acd3854e993fad9fcbf38acfd.jpg" data-gid="gid://syiq/Photo/381239">Magri will lead the sales team which is progressing with the outfitting of its debut GX42 RPH, scheduled for delivery in 2026. His appointment also comes as <a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a> continues development work on the GX38 Voyager, unveiled at the Monaco Yacht Show, alongside further projects including the GX34. The shipyard currently offers fully custom yachts ranging from 24 metres to 56 metres.Read:&nbsp;<a data-gid="gid://syiq/Article/64365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="38m GX Superyachts hybrid explorer yacht GX38 Voyager unveiled (2025-09-30 13:00:00 +0200)">38m GX Superyachts hybrid explorer yacht GX38 Voyager unveiled</a><img src="https://photo-assets.superyachttimes.com/photo/381240/image/large-8608c87afb7a962a7754602ed88e310b.jpg" data-gid="gid://syiq/Photo/381240">“Young yacht brands often struggle to make their voices heard above other, more established names, but <a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a> has not had this problem,” commented <a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a> founder Vladimir Zinchenko.“On the contrary, we have been overwhelmed by the degree of interest in our sleek, efficient hybrid yachts, which offer a robust response to the environmental concerns of future owners. This is why it made sense to recruit an experienced yachting industry leader to help us move sales to the next level.”<img src="https://photo-assets.superyachttimes.com/photo/373118/image/large-ed4191eb0c1e1b054467c27fb262aea9.jpg" data-gid="gid://syiq/Photo/373118">A long-standing figure in the maritime and yachting industries, Magri brings more than four decades of experience to the role. He studied at the Naval Academy of Livorno and at Texas A&amp;M University, where he focused on maritime business administration.Over the course of his career, he has held senior leadership positions across a number of prominent Italian yachting brands, including <a data-gid="gid://syiq/Company/284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CBI Navi (Company)">CBI Navi</a>, <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Technomar</a> and <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>, as well as roles within the wider maritime sector.In recent years, his work has been concentrated on yacht construction, where he has been involved in developing commercial strategies, refining brand positioning and supporting sales growth.“I am very excited to be leading sales at <a data-gid="gid://syiq/Company/7872" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GX Superyachts (Company)">GX Superyachts</a>, which has made such a splash in its first year,” concluded Maurizio Magri. “As CCO, I will be looking to help the business convert enquiries to orders after a stellar 15 months which have seen three new models launched: GX42, GX38 Voyager and GX34.”

GX Superyachts appoints Maurizio Magri as CCO

GX Superyachts has announced the appointment of Maurizio Magri as Chief Commercial Officer (CCO) and as a new Board member.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced that outfitting has begun on the first 30.9-metre <a data-gid="gid://syiq/Yacht/15598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #130.9m (101'5&quot;)Tecnomar2027">Tecnomar for Lamborghini 101</a> yacht at <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>’s Marina di Carrara facility.<img src="https://photo-assets.superyachttimes.com/photo/378511/image/large-9f4771b0b6181a62282e32ce9b098072.jpg" data-gid="gid://syiq/Photo/378511">Unveiled during the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show 2025</a>, the <a data-gid="gid://syiq/Yacht/15598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #130.9m (101'5&quot;)Tecnomar2027">Tecnomar for Lamborghini 101</a> yacht is part of the <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> and Automobili Lamborghini collaboration which began in 2020 with the Tecnomar for Lamborghini 63 yacht.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/64314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG unveils new 31m Tecnomar Lamborghini 101 motor yacht (2025-09-23 19:15:00 +0200)">TISG unveils new 31m Tecnomar Lamborghini 101 motor yacht</a><img src="https://photo-assets.superyachttimes.com/photo/372441/image/large-7970d83335557caf437e6dde7a7786b4.jpg" data-gid="gid://syiq/Photo/372441">Constructed from aluminium and carbon fibre, the <a data-gid="gid://syiq/Yacht/15598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #130.9m (101'5&quot;)Tecnomar2027">Tecnomar for Lamborghini 101</a> yacht features sculpted, aerodynamic exterior lines inspired by the Lamborghini Fenomeno car and builds on the ethos of the previous Tecnomar for Lamborghini 63 yacht.&nbsp;“With the start of the outfitting phase, we are entering the very heart of the construction process,” said Gianmaria Costantino, Chief Commercial Officer of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. “It is the moment when vision takes shape, when the concept transforms into tangible reality through technical precision and a deep culture of detail, the hallmarks of our identity.”<img src="https://photo-assets.superyachttimes.com/photo/372443/image/large-f92b2d0e49b713ab0541287246d3e5fa.jpg" data-gid="gid://syiq/Photo/372443">With inspiration from automotive design, the <a data-gid="gid://syiq/Yacht/15598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #130.9m (101'5&quot;)Tecnomar2027">Tecnomar for Lamborghini 101</a> yacht features lighting clusters at her bow and stern which echo Lamborghini’s automotive signature style, while her interior includes hexagonal geometries, “Y” motifs and contrasting materials.In terms of accommodation the <a data-gid="gid://syiq/Yacht/15598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #130.9m (101'5&quot;)Tecnomar2027">Tecnomar for Lamborghini 101</a> yacht features a four stateroom configuration consisting of an owner’s suite, one VIP stateroom and two guest staterooms, accommodating up to eight guests plus one additional berth.&nbsp;Performance-wise, the <a data-gid="gid://syiq/Yacht/15598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #130.9m (101'5&quot;)Tecnomar2027">Tecnomar for Lamborghini 101</a> yacht is powered by triple <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 2000 M96L engines, producing a combined 7,900 horsepower and allowing her to reach a top speed of 45 knots.<img src="https://photo-assets.superyachttimes.com/photo/372439/image/large-2d60b91376920436a00eaab405e5e7bc.jpg" data-gid="gid://syiq/Photo/372439">

Tecnomar for Lamborghini 101: Outfitting begins

TISG has announced that outfitting has begun on the first 31m Tecnomar for Lamborghini 101 yacht.

First 31m Tecnomar for Lamborghini 101 yacht moves to outfitting

<a data-gid="gid://syiq/Company/7627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Banchero Costa Yachts (Company)">Banchero Costa Yachts</a> has announced the sale of the <a data-gid="gid://syiq/Yacht/16384" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini LMB 101 #230.9m (101'5&quot;)Tecnomar2027">second unit</a> of the 30.9-metre <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> for Lamborghini 101 yacht series, with Giacomo Sorlino representing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/372441/image/large-7970d83335557caf437e6dde7a7786b4.jpg" data-gid="gid://syiq/Photo/372441">The sport yacht, unveiled by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> during the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show 2025</a>, combines performance with bold design. Its sculpted, aerodynamic lines draw direct inspiration from Lamborghini’s iconic super sports cars.<img src="https://photo-assets.superyachttimes.com/photo/372438/image/large-13cb2767e53bbad20c677776ff317e2e.png" data-gid="gid://syiq/Photo/372438">Inside, the yacht’s interiors can be fully customised to reflect the owner’s preferences. Built with an aluminium hull and superstructure, the <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> for Lamborghini 101 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, delivering a top speed of 45 knots.

Tecnomar Lamborghini 101 Second hull sold

Banchero Costa Yachts has announced the sale of the second unit of the 30.9-metre Tecnomar for Lamborghini 101 yacht.

Second hull of 31m Tecnomar for Lamborghini 101 motor yacht sold

Monaco Yacht Show 2025 recap

SuperYacht Times brings you the biggest stories from the Monaco Yacht Show.

Everything you might have missed from Monaco Yacht Show 2025

In collaboration with Automobili Lamborghini, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">Italian Sea Group (TISG</a>) has unveiled the 31-metre&nbsp;<a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>&nbsp;Lamborghini 101&nbsp;at the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show 2025</a>, along with two new <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> concepts: the 53-metre P53 and the 63-metre P63.<img src="https://photo-assets.superyachttimes.com/photo/372441/image/large-7970d83335557caf437e6dde7a7786b4.jpg" data-gid="gid://syiq/Photo/372441">Following the success of the <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>&nbsp;for Lamborghini 63, the <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>&nbsp;Lamborghini 101 motor yacht represents a leap forward in performance and design.<img src="https://photo-assets.superyachttimes.com/photo/372438/image/large-13cb2767e53bbad20c677776ff317e2e.png" data-gid="gid://syiq/Photo/372438">With sculpted, aerodynamic lines inspired by Lamborghini’s super sports cars, she is a statement of power, capable of reaching a top speed of 45 knots. Her interior can be fully customised, allowing each vessel to be configured according to the owner's preferences.<img src="https://photo-assets.superyachttimes.com/photo/372443/image/large-f92b2d0e49b713ab0541287246d3e5fa.jpg" data-gid="gid://syiq/Photo/372443">“The <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>&nbsp;Lamborghini 101 is not just a new model; it’s a vision brought to life,” commented Gianmaria Costantino, Chief Commercial Officer of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. “We have listened to the evolving desires of today’s yacht owners and translated them into an uncompromising experience. This yacht unites power, design, and identity in a single statement.”<img src="https://photo-assets.superyachttimes.com/photo/372439/image/large-2d60b91376920436a00eaab405e5e7bc.jpg" data-gid="gid://syiq/Photo/372439">Prominent representatives from both companies attended the launch, including Christian Mastro, Head of Marketing at Automobili Lamborghini; Mitja Borkert, Director of Lamborghini Centro Stile; and Giovanni Costantino, CEO and Founder of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/372437/image/large-3681b6515f751e92ca304ab7198aa63b.jpg" data-gid="gid://syiq/Photo/372437"><a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> Lamborghini 101 is powered by triple <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines and has an aluminum hull and superstructure.

TISG unveils new 31m Tecnomar Lamborghini motor yacht

The Italian Sea Group presented the world premiere of the 31-metre Tecnomar for Lamborghini 101.

TISG unveils new 31m Tecnomar Lamborghini 101 motor yacht  

Citing current geopolitical and economic constraints, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> (TISG) has reported a decline in key financial metrics, as outlined by its Board of Directors in the company’s half-year report. The company’s portfolio includes brands <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>, <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, <a data-gid="gid://syiq/Company/194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NCA Refit (Company)">NCA Refit</a> and <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi 1920</a>.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">The results revealed a 1.4% decline in revenue compared to the first half of 2024, while net profit fell sharply by 58%, partly due to the previous period benefiting from a capital gain on the sale of the Viareggio shipyard.Commenting on these figures, Founder and CEO of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> Giovanni Costantino stated: “In a context of ongoing geopolitical and economic tensions, the protectionist policies enacted by the U.S. administration – through the introduction of additional import duties – have increased overall uncertainty and further complicated a market environment already undergoing a normalisation phase after the strong growth of recent years.”Below are the key figures to take away from the first half of 2025:<ul><li>Revenue €186.8 million, a decrease of 1.4% compared to €189.4 million in the first six months of 2024</li><li>EBITDA €30.4 million, down 6.3% from €32.4 million in the first half of 2024, with a margin on revenue of 16.3% versus 17.1% in the same period last year</li><li>Net profit €12.2 million, a decline of 58% compared to the first half of 2024, which was boosted by a capital gain from the sale of the Viareggio shipyard</li><li>Net financial position stood at €63.2 million negative, compared to €12 million negative at the end of December 2024</li><li>Investments for the period totalled €1.5 million</li><li>Total order book valued at €1.19 billion as of 30 June 2025</li><li>Guidance update: 2025 revenue expected between €350 million and €370 million, with an EBITDA margin forecasted between 16.5% and 17.0%</li></ul>“In this challenging scenario – characterised by a physiological, though temporary, slowdown in the yachting industry and longer negotiation timelines, particularly for larger yachts – we are satisfied with the regular progress of the many projects currently under construction,” explained Giovanni.Here is a complete summary of&nbsp;<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group’s</a>&nbsp;financial results for the first six months of 2025:RevenuesFor the first half of 2025, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> reported revenues of €186.8 million, representing a slight decrease of 1.4% compared to €189.4 million in the same period of 2024. Operating revenues totalled €183.5 million.Shipbuilding revenues reached €172.6 million, marking a 3% increase year-on-year, which <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> attributes to the steady progress of its ongoing contracts. Meanwhile, refit revenues amounted to €10.9 million, down 52% compared to the first half of 2024, reflecting a strategic focus on shipbuilding activities during the period.EBITDA EBITDA totalled €30.4 million, a decrease of 6.3% compared to €32.4 million in the same period of 2024, with a margin of 16.3%. The modest drop in profitability reflects a higher proportion of fixed structural costs, stemming from the lower production value recorded during the period.EBITEBIT stood at €25.6 million, down 4.5% compared to €26.8 million in the same period of 2024, with a margin on revenue of 13.7%.Net ProfitThe company also reported a group net profit amounting to €12.2 million, a decline of 58% versus €36.9 million in the first half of 2024. The report noted that the previous year’s result was boosted by a capital gain from the sale of the Viareggio shipyard.BacklogAs of 30 June 2025, the total order book, which represents the gross value of existing contracts for new yachts and refit projects yet to be delivered, stood at €1.19 billion, slightly down from €1.24 billion at 31 December 2024.The net backlog, which reflects the value of contracts for yachts not yet delivered, after deducting revenues already recognised in the income statement, was €362.3 million as of 30 June 2025, compared to €433.4 million at 31 December 2024.Investments<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> has made substantial investments in recent years to further internalise several high value-added production services, including steelwork and upholstery. During the first half of 2025, ordinary and extraordinary maintenance investments totalled €1.5 million.Net Financial PositionAs of 30 June 2025, the net financial position reflected net debt of €63.2 million, compared with €12.5 million at 31 December 2024 and €33 million at 31 March 2025. This change reflects the company’s operating results for the first half of the year, the distribution of €13 million in dividends and the investments undertaken during the period.In line with IAS/IFRS accounting standards, the net financial position also factors in the present value of concession fees payable to the Port Authorities for the shipyards in Marina di Carrara and La Spezia, as well as the Viareggio carpentry site. These fees totalled €7.5 million as of 30 June 2025 and will be settled over the respective concession periods.In June, the company secured a new €115 million medium-to-long-term loan with a seven-year term. This financing was accompanied by the repayment of all major existing loans at the time, effectively extending the average debt maturity under more favourable terms and ensuring sufficient resources to capitalise on an anticipated market recovery.Outlook for 2025The opening half of the year brought heightened uncertainty previously experienced in 2024. Alongside continued geopolitical unrest, most notably the ongoing war in Ukraine and worsening conflict in the Middle East, April also saw the implementation of new protectionist trade measures by the U.S. government.Given the current order book and progress on ongoing projects, the company now expects 2025 revenue to range between €350 million and €370 million, down from the earlier forecast of €410 million to €430 million. Profitability is projected at 16.5%–17.0%, compared with the previous guidance of 17.5%–18.0%.Against the backdrop of heightened market uncertainty and shifting global dynamics, Giovanni remarked: “Activity at our shipyards remains consistent, supported by meticulous organisation and ongoing enhancements to production processes. This has enabled us to deliver four large yachts during the period: three Admirals of 55, 66 and 78 metres and a 60-metre Perini Navi.”Expected Business Development<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> anticipates a positive outcome from ongoing negotiations for large yacht sales, reflecting growing demand for its brands. Strategic partnerships with <a data-gid="gid://syiq/Company/558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Armani/Casa (Company)">Armani</a> and Automobili Lamborghini continue to strengthen, with new projects underway to reinforce the company’s position in the ultra-luxury segment.At the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show 2025</a>, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> will debut several flagship models, including the 72-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> <a data-gid="gid://syiq/Company/558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Armani/Casa (Company)">Giorgio Armani</a>, a 60-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> sailing yacht, two <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> yachts (78-metre full custom and 55-metre semi-custom) and a new 24-metre <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>. These unveilings are expected to boost international visibility and drive commercial activity.The company is also advancing its semi-custom product line to broaden its offering, optimise production, improve margins and reduce delivery times, while preserving the craftsmanship and exclusivity that define its reputation.“We expect current negotiations to be finalised by the end of the fiscal year. The strength of our offering and the relationships we have built over time with increasingly informed international customers, together with our design excellence and tailor-made attention to detail, remain the key features of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> brands,” Giovanni concluded.

TISG revenue decline h1 2025

The Board of Directors of the Italian Sea Group (TISG) has released the company’s financial results for the first half of 2025.

The Italian Sea Group reports revenue and profit decline in H1 2025

The 30.48-metre <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> yacht&nbsp;<a data-gid="gid://syiq/Yacht/3468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gioe I30.48m (100'0&quot;)Tecnomar2009">Gioe I</a> is for sale with Michel Chryssicopoulos of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. Delivered in 2009, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has undergone a refit in 2022 and has been maintained in excellent condition by her current owner.<img src="https://photo-assets.superyachttimes.com/photo/359216/image/large-59027472ace262754bd2f1f69333999c.png" data-gid="gid://syiq/Photo/359216">She offers a contemporary design featuring Zebrano wood and neutral tones. <a data-gid="gid://syiq/Yacht/3468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gioe I30.48m (100'0&quot;)Tecnomar2009">Gioe I</a>’s expansive windows on both sides of the yacht allow plenty of natural light to flow throughout the interior. Additionally, the layout of the <a href="https://www.superyachttimes.com/yachts/tecnomar/for-sale" rel="noopener noreferrer" target="_blank" title="">Tecnomar yacht for sale</a> is ideal for families or groups of friends.<img src="https://photo-assets.superyachttimes.com/photo/359225/image/large-fc69e848b82de503884c14d6a30f7f1b.png" data-gid="gid://syiq/Photo/359225"><img src="https://photo-assets.superyachttimes.com/photo/359227/image/large-bf13022fc62e4cf0e2e2e31059580c31.png" data-gid="gid://syiq/Photo/359227"><a data-gid="gid://syiq/Yacht/3468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gioe I30.48m (100'0&quot;)Tecnomar2009">Gioe I</a> can host up to 12 guests across five upscale staterooms, while further accommodation is provided for five crew members. Her full-beam master suite, VIP stateroom and additional guest suites all come with ensuite facilities.<img src="https://photo-assets.superyachttimes.com/photo/359218/image/large-2e9eb9193b5f2b8456ab701c9cdb7b92.png" data-gid="gid://syiq/Photo/359218"><img src="https://photo-assets.superyachttimes.com/photo/359221/image/large-9540f144bbec9025879be03bd5709f52.png" data-gid="gid://syiq/Photo/359221">Moving outside, guests onboard the yacht&nbsp;<a href="https://www.superyachttimes.com/yachts/gioe-i" rel="noopener noreferrer" target="_blank" title="">Gioe I&nbsp; for sale</a> are invited to relax on the spacious sundeck with sunbathing lounges, enjoy a meal at the shaded alfresco dining and take pleasure in the panoramic scenery.<img src="https://photo-assets.superyachttimes.com/photo/359209/image/large-ca235635a81fdc0870cb109fcde1b783.png" data-gid="gid://syiq/Photo/359209"><img src="https://photo-assets.superyachttimes.com/photo/359205/image/large-cd3bd402e5d66cb645ad2e740a261614.png" data-gid="gid://syiq/Photo/359205"><img src="https://photo-assets.superyachttimes.com/photo/359208/image/large-c9d7501b6365f7025203f3a46a883e8f.png" data-gid="gid://syiq/Photo/359208">Her outdoor areas are carefully designed to ensure comfort and privacy, creating the perfect setting for unwinding and hosting social gatherings.<img src="https://photo-assets.superyachttimes.com/photo/359214/image/large-dda14a7a4ba1bb6117bcd89bef3b6f3b.png" data-gid="gid://syiq/Photo/359214">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> also features a convenient swim platform, offering guests effortless access to the sea and entertainment with a selection of water toys on board. Performance-wise, she reaches a cruising speed of 21 knots and a top speed of 28 knots.<img src="https://photo-assets.superyachttimes.com/photo/359215/image/large-510b099ccd51736b079309d955a2da5a.png" data-gid="gid://syiq/Photo/359215">

30m Tecnomar yacht Gioe I for sale

The 35.1-metre Alloy yacht My Star is now on the market with Matthew Lester of Fraser Yachts.