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The ultimate guide to the Singapore Yachting Festival 2024

SuperYacht Times takes a look at what you can expect to find at this year’s Singapore Yachting Festival 2024. 

Everything you need to know about the Singapore Yachting Festival 2024

<a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> is pleased to announce that they will be supporting the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival 2024</a> as a media partner. Taking place from 25 to 28 April at the <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove, Singapore, <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">SYF</a> plans to host around 12,000 visitors, with around 70 yachts on display up to 55 metres.<img src="https://photo-assets.superyachttimes.com/photo/308293/image/large-c1456cd0c3cea1e5fa12a518e78d5caf.jpg" data-gid="gid://syiq/Photo/308293">Singapore has long been regarded as a gateway and hub of Asia’s marine industry, the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> will reinforce the exciting growth of the yachting industry by providing an event platform for world-leading yacht builders, water-sport toys, and lifestyle brands to showcase their products for the ever-increasing appetite of the Singapore and Asia audience."The level of interest in the first <a data-gid="gid://syiq/Event/191" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2023 ">Singapore Yachting Festival</a> was incredible, it showed that more and more people are keen to explore the boating lifestyle in this part of the world, especially from the local communities as boat ownership has become more affordable and understood," commented Wade Pearce, founder of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a>."We look forward to supporting <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> to build on the success of 2023 to make the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> the leading event in the region and an event for everyone.”<img src="https://photo-assets.superyachttimes.com/photo/308292/image/large-072c4bf85ca944bfaeb652317c0947e5.jpg" data-gid="gid://syiq/Photo/308292">Ahead of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> the inaugural ICOMIA Boating Industry Conference 2024 will be held on 23 and 24 April. Presented by the International Council of Marine Industry Associations and the Singapore Boating Industry Association, the event will discuss themes such as sustainable business practices for long-term growth, and guidance for decarbonisation in the recreational marine industry.In the last couple of weeks several superyachts have joined the line-up for the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival 2024</a>. Some of the the yachts on display at this year's show include: &nbsp;<ul><li>55.7-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> superyacht <a data-gid="gid://syiq/Yacht/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galileo55.7m (182'9&quot;)Perini Navi2011">Galileo</a> with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> &nbsp;</li><li>39.6-metre <a data-gid="gid://syiq/Company/1165" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros MCIES (Oassive) (Company)">Astilleros MCIES</a> yacht <a data-gid="gid://syiq/Yacht/1646" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silentworld39.6m (129'11&quot;)Astilleros MCIES (Oassive)2006">Silentworld</a> with <a data-gid="gid://syiq/Company/7526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Iseo Yachting (Company)">Iseo Yachting</a> &nbsp;</li><li>35.75-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SD118 with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> &nbsp;</li><li>29.11-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X95 with <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> and <a data-gid="gid://syiq/Company/4820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat Lagoon Yachting (Company)">Boat Lagoon Yachting</a>&nbsp;</li><li>27.03-metre wallywhy 200 with <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>&nbsp;</li><li>26.82-metre <a data-gid="gid://syiq/Company/7491" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hudson Yacht (Company)">Hudson</a> HH88 <a data-gid="gid://syiq/Yacht/13583" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Crazy Love26.82m (87'12&quot;)Hudson Yacht2023">Crazy Love</a> with HH Catamarans</li></ul><img src="https://photo-assets.superyachttimes.com/photo/308294/image/large-4030703190589e608879befcd921fd26.jpg" data-gid="gid://syiq/Photo/308294">“The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> and our event the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> share a coming goal of bringing more superyachts to Asia and get more people boating, so I am very happy to partner with them,” added <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> Founder &amp; Director, Merijn de Waard.Netherlands-based yacht builder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> will also be joining the lineup at the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> as a sponsor, as well as a event partners for the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a>.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/59887" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit 2024 programme announced (2024-04-04 17:00:00 +0200)">Asia-Pacific Superyacht Summit 2024 programme announced</a>Taking place in Hong Kong on the 5 and 6 of June, at the Renaissance Hong Kong Harbour View Hotel, the <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> aims to develop the Asian superyacht market in a bid to attract more yachts to the region.

SuperYacht Times partners with the Singapore Yachting Festival

SuperYacht Times is pleased to announce that they will be supporting the Singapore Yachting Festival 2024 as a media partner. 

SuperYacht Times partners with the Singapore Yachting Festival 2024

Largest yachts attending the Miami International Boat Show 2024

Taking place between 14-18 February in Miami Beach & Downtown Miami, SYT takes a look at the largest yachts attending this year’s event. 

Yachts attending the Miami International Boat Show 2024

In our previous <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a> Insight article, we explored the deliveries within the 30-metres-plus category, revealing an approximate 20% growth in 30-metre plus yachts delivered in 2023, from 170 in 2022 to 201 in 2023. Now through <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, we shift our focus to the top-performing shipyards of 2023, examining their performance in terms of units delivered, total gross tonnage (GT), and total length delivered. <img src="https://photo-assets.superyachttimes.com/photo/300959/image/large-bc8869536b481f995c458b8130ae54dd.jpg" data-gid="gid://syiq/Photo/300959"> When it comes to delivering units exceeding 30 metres, Italian shipyards, notably the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a>, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, lead the rankings. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, in 2023, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> led in 30-metre plus yacht deliveries in terms of the number of yachts, accounting for 18% of the total with 36 yachts delivered. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> was followed closely by the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> with 30 yachts, and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> with 28. <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a>, known for the <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Mangusta</a> brand, and <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a> closed out the top five for 2023. A comparison with the top five shipyards with the most units delivered in 2022 reveals that the top five remain unchanged. <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> and <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> both led with 26 deliveries each, followed by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> with 24, and then the <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine Group</a> and <a data-gid="gid://syiq/Company/1394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Alexander (Company)">Ocean Alexander</a> with seven yachts each.<img src="https://photo-assets.superyachttimes.com/photo/300960/image/large-8e204f5f92a5418646d82e69ee5b3bd4.jpg" data-gid="gid://syiq/Photo/300960"> Within <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> delivered 14 yachts, closely followed by <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> with 11. Additionally, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> contributed seven, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> three, and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> added one yacht to the total. Whilst for <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> delivered 21 and <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> nine. Overall, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> emerged as the top performing brand in 2023 with 28 yachts delivered followed by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> and <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> as depicted in the graph below.<img src="https://photo-assets.superyachttimes.com/photo/300961/image/large-f42d2bbe162d8ca8f5502d20ed20fc07.jpg" data-gid="gid://syiq/Photo/300961">However, an analysis of the total gross tonnage (GT) of yachts delivered in 2023 reveals a different ranking. Although <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> delivered only two units, the yard led in terms of total GT with 16,009 GT, followed by the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> in fourth place. The Spanish shipyard <a data-gid="gid://syiq/Company/1732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire Shipyard (Company)">Freire</a> was ranked fifth with 7,200 GT, even though it delivered just one superyacht. Despite the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> delivering a greater number of units, both the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> achieved a higher total gross tonnage (GT) in 2023, as they delivered fewer yachts but with larger volume.<img src="https://photo-assets.superyachttimes.com/photo/300962/image/large-2b434368a63332f26d71faa83ce9867b.jpg" data-gid="gid://syiq/Photo/300962"> This differs from 2022, when Lürssen led with a total of 14,785 GT, followed by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a>, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> as shown below. Whereas <a data-gid="gid://syiq/Company/1732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire Shipyard (Company)">Freire</a> did not feature as they did not deliver any yachts. Notably, both <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> significantly increased their output in GT from 2022 to 2023.<img src="https://photo-assets.superyachttimes.com/photo/300963/image/large-6a7771c1a2e8e1c7d4b6c369f8ea94fb.jpg" data-gid="gid://syiq/Photo/300963"> Looking at the total metres delivered, <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a> data shows that the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> led in 2023 with 1,249 metres, followed by <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> with 1,232 metres, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> with 1,098 metres, <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> with 346 metres and <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> and <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> with 253 metres. This contrasts with 2022, where <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> led with 1,004 metres, followed by the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> with 968 metres, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> with 914 metres, <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> and <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> with 286 metres, and <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine Group</a> with 276 metres.<img src="https://photo-assets.superyachttimes.com/photo/300964/image/large-a7a3135a2d3e408b436c48051fa55026.jpeg" data-gid="gid://syiq/Photo/300964"> The top five superyachts delivered in 2023, ranked by the highest Length Overall (LOA), include the 146.35-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/8520" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Opera146.35m (480'2&quot;)Lürssen Yachts2023">Opera</a>; the 127-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> sailing yacht <a data-gid="gid://syiq/Yacht/7500" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Koru127.0m (416'8&quot;)Oceanco2023">Koru</a>; the 118.2-metre <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> superyacht <a data-gid="gid://syiq/Yacht/7928" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Liva O118.2m (387'10&quot;)Abeking & Rasmussen2023">Liva O</a>; the 111.85-metre <a data-gid="gid://syiq/Company/1732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire Shipyard (Company)">Freire</a> superyacht <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a>; and the 89.99-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norn89.99m (295'3&quot;)Lürssen Yachts2023">Norn</a>. <img src="https://photo-assets.superyachttimes.com/photo/279402/image/large-a9f505c880254c42709f7d265b174bf5.jpg" data-gid="gid://syiq/Photo/279402">Looking ahead to 2024, preliminary data from our forthcoming market report, the State of Yachting 2024, anticipates approximately 205 deliveries in the 30-metre-plus category.

SYT iQ Insight: How did shipyards perform in 2023?

We shift our focus to the top-performing shipyards of 2023.

market-insights#5

market-insight-large-articles#1

Gulf Superyacht Summit 2023 summary

 SuperYacht Times takes a look at everything you may have missed from this year’s packed programme at the Gulf Superyacht Summit 2023.

A complete summary of the Gulf Superyacht Summit 2023

In the most recent financial disclosure, the Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, the Italy-based yacht builder headquartered in Forlì, has reviewed and officially approved the financial results for the first nine months of 2023.<img src="https://photo-assets.superyachttimes.com/photo/269914/image/large-5f0f07abb35506f8cd014357d10693ac.jpg" data-gid="gid://syiq/Photo/269914"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s financial performance for the first nine months of 2023 reported a revenue of €856.4 million, an increase of 9.8 percent when compared to the same period in 2022. The company's Adjusted EBITDA of €124.8 million, represented an increase of 17.7 percent when compared to the first nine months of 2022 and the adjusted EBITDA margin of 15 percent, representing 100 base points increase from the previous year.&nbsp;The order backlog underwent robust growth reaching approximately €1.5 billion, a 6.6 percent increase when compared to the first nine months of 2022. Moreover, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> reported a substantial order intake of 875 million and maintains a healthy financial position with a nest cash position of &nbsp;€288.0 million.<img src="https://photo-assets.superyachttimes.com/photo/243240/image/large-c8d44c405138c49644ebabd8896f5e94.jpg" data-gid="gid://syiq/Photo/243240">Mr. Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s Chief Executive Officer, commented: “The positive trend in fiscal 2023 is confirmed by the financial results reported for the first three quarters of the year, and particularly by even better margins and the sustained growth of the order backlog. The huge success achieved by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> at this season’s boat shows in the Mediterranean and Fort Lauderdale again demonstrates that our ongoing efforts are being rewarded by excellent sales results. This is one of the reasons for our focus on the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s shipyards, and on Ravenna in particular, in order to expand <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>’ new sustainable “INFYNITO” range and to increase production capacity, reacting promptly to market expectations.”The order backlog is segmented, with Composite yachts contributing €434.2 million as of September 30, 2023, constituting approximately 29.5 percent of the total backlog. Made-to-measure yachts represent a significant portion, totalling €556 million, around 37.8 percent of the total backlog. Whilst Super yachts, at €424.7 million, hold a substantial share, equivalent to approximately 28.9 percent of the total backlog. Other businesses reached €56.9 million and comprised approximately 3.9 percent of the total backlog.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s overall revenue increased by 9.8 percent from approximately €779.8 million to €856.4 million attributed to the strong order backlog built in 2022.<img src="https://photo-assets.superyachttimes.com/photo/255743/image/large-07bfab9d9a4bc02298d1fa9d2bc134e4.jpg" data-gid="gid://syiq/Photo/255743">In the first nine months of 2023, Composite yachts achieved €376.6 million, constituting approximately 44 percent of total revenue, compared to €340.9 million in the same period in 2022. The Made-to-measure yachts segment recorded revenue of €313.7 million, representing approximately 36.6 percent of total revenue in the first nine months of 2023. Super yachts reached €96.7 million, equal to around 11.3 percent of total revenue in the first nine months of 2023. Other businesses reached €69.3 million, equal to approximately 8.1 percent of total revenue in the first nine months of 2023.When this revenue is broken down into geographical locations, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> found that approximately 41.7 percent of the total revenue came from Europe, Middle East, and Africa regions (EMEA.) The North America, Central America, and South America regions (AMAS) were responsible for 26.8 percent, while the Asia-Pacific region (APAC) accounted for 12.1 percent of the total revenue.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is a leader in the design, construction and sale of luxury yachts and pleasure vessels, with a portfolio of brands including: <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>.

Ferretti Group reports robust growth in 2023

In the most recent financial disclosure,  Ferretti Group has reviewed and officially approved the financial results for the first nine months of 2023.

Regattas are fantastic – but they’re not the only way to enjoy a sailing yacht. We promise! There’s a great romance to slowing down, catching the wind and cruising in near silence, without the use of an engine, surrounded by friends and family. <a href="https://www.superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> sat down with Mark van Gelderen of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, who shares his insights on the sailing yacht market today and gives his view of the ideal size in the market. <img src="https://photo-assets.superyachttimes.com/photo/275500/image/large-958ecb4848e27732f4a4e76dc2cbbbaf.png" data-gid="gid://syiq/Photo/275500">“<a data-gid="gid://syiq/Yacht/865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carinthia VII97.2m (318'11&quot;)Lürssen Yachts2002">Corinthia</a>-style yachts used in Regattas are certainly in vogue but they’re full-blooded performers,” said Mark van Gelderen. “For a first-time buyer, they may offer a bit too much, giving the impression that sailing yachts are solely designed for speed and endurance – which isn’t necessarily the case.”When walking among the tall masts at any boat show, it's common for performance to be wrongly emphasised as the main talking point. Okay. For some, maybe not. But for many, yes. Sailing is accessible to everyone, and buyers can be as involved in the sailing as they desire - We shouldn’t forget that.So if you’re interested yet intimidated by sailing yachts, don’t be. They can be enjoyed just as much by first-time owners as they can by seasoned sailors. Knowing which one to buy is important though.<img src="https://photo-assets.superyachttimes.com/photo/273498/image/large-a507fd333a816a9c6309904ef2b556ec.jpeg" data-gid="gid://syiq/Photo/273498">It’s all dependent on individual usage, but a rule of thumb for a sailing yacht is to look at the 30 to 40-metre category. “The sweet spot,” Mark confirmed. And understandably then, there aren’t too many on the market. Out of the nearly 600 yachts built, approximately 80 are currently on the market, with only six being constructed in the past 10 years. Those that take ownership, keep it that way.“A sailing yacht between 30 to 40-metres is ideal for every type of buyer: it can be crewed by as few as two; typically it has a functional general arrangement and accommodation for eight to 10 guests; are able to make crossings and can quite literally sail around the world, safely and comfortably; and is a good size for an owner who’d like to be involved in the sailing and operations.”There are numerous builders worldwide capable of delivering exceptional yachts of this size. <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> builds high-quality and freshly designed sailing yachts in South Africa at a good price. In Scandinavia, Baltic Yachts stands out as a builder that champions innovation and constructs some of the most high-tech sailing yachts available. While in Europe, there’s <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a>, <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and the reformed <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> – all fantastic builders in their own right.<img src="https://photo-assets.superyachttimes.com/photo/208211/image/large-17ad81c13b82960f9850ebc854a5479e.jpg" data-gid="gid://syiq/Photo/208211">“If you want to go smaller, multihulls up to 27.5-metres are a strong alternative – fantastic day boats and good for island hopping or cruising the Mediterranean or high speed performance sailing,” said Mark. “They can also be crewed by two and they have deck space large enough to host parties for as many as 20 people. The only compromise is the owner’s suite, which is substantially smaller than you’d find on a larger monohull.”“It’s a small price to pay though,” Mark said, smiling. “After all you want to be out by the water and not spending time in your stateroom.” Some of the major players in the multihull segment include <a data-gid="gid://syiq/Company/6072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lagoon Yachts (Company)">Lagoon</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> and <a data-gid="gid://syiq/Company/4959" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gunboat (Company)">Gunboat</a>. “I’m personally very taken with the new <a data-gid="gid://syiq/Company/4959" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gunboat (Company)">Gunboat</a> 72,” Mark added. “It’s futuristic, offers performance, plenty of deck space and I love the ‘galley-up’ configuration that invites conviviality.”“The apartment-on-the-water style multihulls are incredibly popular at the moment and a great choice for many, but I’d personally like to see more multihulls that take on more of the spirit of sailing.”This article is featured in Issue 46 of the&nbsp;<a href="https://www.superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a>&nbsp;newspaper. <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">Subscribe now</a> to receive your copy straight to your door and never miss another issue.

Market insight with Mark van Gelderen of TWW Yachts

Mark van Gelderen of TWW Yachts, shares his insights on the sailing yacht market today and gives his view of the ideal size in the market. 

Want a sailing yacht? Here is the perfect size – and why with Mark van Gelderen

Henry Smith is a founding Partner of <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright</a>, the boutique superyacht brokerage house specialising at the top end of the yachting market, to assist clients who wish to build, buy, sell, and charter large yachts. &nbsp;The company has a particular focus on Northern European yachts over 60-metres, and as such, has developed a close working relationship with some of the most prestigious shipyards in the world, including <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> and <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>.Henry has played a pivotal role in the sale and purchase of numerous brokerage vessels, including the 95.2-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/4095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Whisper95.2m (312'4&quot;)Lürssen Yachts2014">Whisper</a> (previously called Kismet), the 81.20-metre <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> superyacht <a data-gid="gid://syiq/Yacht/4094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grace81.0m (265'9&quot;)Abeking & Rasmussen2014">Grace</a> (previously called Kibo), and the 66.25-metre superyacht <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> <a data-gid="gid://syiq/Yacht/5517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hampshire66.25m (217'4&quot;)Feadship2016">Hampshire</a> (previously called Vanish).<img src="https://photo-assets.superyachttimes.com/photo/55188/image/large-60c2623bb50753210e6124dabd98a9f7.jpg" data-gid="gid://syiq/Photo/55188"><a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> sat down with him to discuss his journey, the influence his non-yachting background has had, and his thoughts on the market and what the future holds for the industry.<img src="https://photo-assets.superyachttimes.com/photo/291386/image/large-ac331a8b50c81093cc6299941f2642f9.jpg" data-gid="gid://syiq/Photo/291386">Could you share the inspiration behind your career choice in the yachting industry? Additionally, could you provide some insights into your background and journey?I have sailed my entire life, starting around the age of two in Bembridge on the Isle of Wight, then sailing alongside my brother on various sailboats, including Hobie Cats, 420s and Lasers.I was initially destined for a career in the British Army having been awarded a top scholarship in my intake to Sandhurst. Unfortunately, my rugby career was also running parallel to this and I had to have eight knee operations which resulted in a medical discharge from military service. The obvious next move was to go into banking, something my family has been involved with since the 1650s. That said it was 2010 and the recession was still hitting the banking sector hard, and it look thoroughly unappealing! &nbsp;Through a rather tenuous link a potential job opening was presented to me at <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. With my childhood love of sailing, I thought that the yachting industry could be an interesting path so I applied and underwent a rigorous interview process, competing with 63 or so other applicants for a single position. I ended up being selected as Chris Cecil-Wright’s junior, starting out in the listings department. Shortly after accepting the role, I relocated to Monaco and that marked the beginning of my career at <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>.&nbsp;Eventually, Chris and I decided to leave and establish <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright &amp; Partners</a>, officially opening the business on 4th June 2013. The idea of working within a smaller, tightly knit team had always appealed to me. Having Chris, one of the prolific yacht brokers in the world, as my mentor was instrumental in my development, I consider myself incredibly fortunate to have had that opportunity.Interestingly, if you had asked me during my university days what I envisioned for my post-army career, becoming a yacht broker would never have crossed my mind. The yachting industry seemed like a distant and exclusive world that I never considered.Yacht brokers typically come from backgrounds which are already in some way affiliated with yachting; sons of other brokers, captains who go land based and, on occasion, transitions from associated fields such as yachting journalism. Bringing a fresh perspective and new insight to the industry has been quite intriguing. It is worth highlighting that banking and finance, my familial background, is known for its forward-thinking approach and use of innovative technologies, which stood in stark contrast to the antiquated practices I found in the yachting sector.Reflecting on the impact we have made on the industry, particularly in terms of innovations like 3D scanning, we introduced this technology back in 2015, I would like to think that we have brought the industry a pace or two forward. Surprisingly, many have not adopted it, which I find fairly astonishing. We have successfully sold several yachts without the need for potential buyers to physically visit them. For instance, I facilitated the sales of the 62-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/186" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prediction62.0m (203'5&quot;)Feadship2005">Prediction</a> (previously called New Hampshire) during Covid, the 56.50-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ambition56.5m (185'4&quot;)Feadship2001">Ambition</a> (previously called Hampshire I) and the 22.34-metre <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> motor yacht Jabberwocky, the latter to a gentleman in California who had never set foot in Europe. <img src="https://photo-assets.superyachttimes.com/photo/88486/image/large-59f1f461708afcb79da38f374df77461.jpg" data-gid="gid://syiq/Photo/88486">Could you delve deeper into the client approach and business ethos at the firm?At <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright &amp; Partners</a>, we maintain the principle of 'fewer clients serviced better' as a core aspect of our brokerage philosophy. This approach has played a crucial role in shaping our interactions with clients and building enduring relationships in the industry. When Chris and I founded our company, we deeply analysed the market to determine which segments of the industry offered the most potential for success. We focused on identifying what sells quickly, retains value, and the type of clientele associated with very large pedigree vessels. Our findings pointed out that the large pedigree vessel segment is not only secure and more liquid but the people who owned them were less susceptible to market fluctuations.&nbsp;Our goal is not to sell a multitude of yachts to a vast number of clients but to ensure that we offer the right yacht to the right client from the outset. This requires us to prioritise our clients' interests over short-term gains. We do not engage in practices that might encourage clients to overpay or provide them with inaccurate information about a yacht's value. In the world of yacht brokerage, it is an interesting paradox, doing better for our clients often means making less on a deal.We firmly believe that the long-term benefits of fostering trust and credibility with our clients far outweigh any short-term financial gains. Our business thrives on referrals and networks, and we understand that by consistently acting in the best interests of our clients, they are more likely to introduce us to their peers.One distinctive aspect of our approach is our collaborative nature. Unlike many other companies where a single broker is exclusively responsible for a client and their yacht, we encourage internal collaboration within the <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">CWP</a> team. We leverage the expertise of various team members to provide the best possible service. For example, in the sale of <a data-gid="gid://syiq/Yacht/4095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Whisper95.2m (312'4&quot;)Lürssen Yachts2014">Whisper</a>, there were three of us working on it: myself, Chris, and Henry Goulding. And we're not ashamed or abashed by that. And I think the quite interesting thing is whilst we are a boutique company, as a client you get more broker attention than you do at larger outfits. <img src="https://photo-assets.superyachttimes.com/photo/275534/image/large-79daee2d3ed2fd80e22941eff4eb2868.jpg" data-gid="gid://syiq/Photo/275534">Why does&nbsp;<a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright &amp; Partners</a>&nbsp;tend to choose yachts with a northern European pedigree as their brokerage's focus? What specific qualities or attributes of these yachts appeal to you and your clients? Choosing yachts with a Northern European pedigree as our brokerage's focus has been a strategic decision driven by several key factors. What you tend to find is that, by and large, the consistency of quality produced by these Northern European yards is more reliable. However, it's essential to note that, like any business, some yards may cut corners to maximise profits especially if not overseen by an independent build manager.&nbsp;They tend to retain their value better over time because they are generally built to a higher standard. When it comes to warranty work, these yachts typically require very minimal repairs, and most issues can be addressed in the field.For instance, if a yacht, such as a <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, undergoes maintenance at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> in Barcelona, you'll notice that the need for extensive repairs is rare. Comparatively, some other brands have been known to experience delays and extensive post-delivery work. This raises concerns about getting what you are paying for.Our sales data reflects this, with an average of just four months on the market for yachts in our portfolio, and <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadships</a> often selling within three months of listing. These numbers speak to the quality and market appeal of these vessels. We recently sold the 95.2-metre&nbsp;<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, <a data-gid="gid://syiq/Yacht/4095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Whisper95.2m (312'4&quot;)Lürssen Yachts2014">Whisper</a>, in just three months, even with a two-month wait for viewings due to its high demand for charter.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/275531/image/large-265b3c9589f66c3eaa9a18ea090d0bb3.jpg" data-gid="gid://syiq/Photo/275531">As someone with extensive international experience, what are some key trends or changes you have observed in the yachting industry in the past six months, and how do you see it evolving in the future? When it comes to trends in the yachting industry, it's important to understand that changes often unfold gradually. One noteworthy trend we're currently witnessing is the rising interest in explorer yachts. This trend encompasses both chartering and ownership, with many clients seeking out more adventurous destinations.Furthermore, regulatory factors are exerting a significant influence. For instance, in the South of France and Corsica, issues like seagrass and the associated anchoring restrictions are driving people to explore different locations. Spain, on the other hand, presents an interesting scenario due to its stringent VAT policies. Chartering in Spain now entails a 45% VAT for non-EU flagged vessels. However, there are creative ways to navigate these challenges. With the growing awareness of environmental sustainability, how does <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright and Partners</a> navigate this shift, and what unique advantages do sailing yachts offer in terms of eco-friendliness?In the context of environmental sustainability, the perception that sailing yachts are more environmentally friendly than motor yachts while underway is true, but when a sailing yacht is at anchor and using a generator, the environmental advantage diminishes. Additionally, it is a complex issue because, in terms of construction, the environmental impact of sailing yachts and motor yachts of the same tonnage is not significantly different either.&nbsp;We acknowledge the importance of green credentials. Carbon offsetting is a concept we support and promote. Personally, I believe it should be a standard practice in the industry, especially concerning charters.Carbon offsetting can be introduced as an opt-out option rather than opt-in. When presented with an opt-in option, most people tend not to choose it, whereas with an opt-out option, fewer opt-out. For instance, if you include a special condition in a charter contract, stating that carbon offsetting is applied, with the option to opt-out, you would be surprised how many clients choose to offset. The cost of offsetting a charter is relatively small, considering the overall value of the charter.Finally, personally, if you could invest in a yacht, what would you choose and why?I am a sailor at heart, so I would go for a sailing yacht. The optimal yacht I have been on in terms of design and performance is the 57.50-metre <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> <a data-gid="gid://syiq/Yacht/796" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Twizzle57.5m (188'8&quot;)Royal Huisman2010">Twizzle</a>. She has a timeless appearance with exterior design by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, while her interior was carried out by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> and <a data-gid="gid://syiq/Company/936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Todhunter Earle (Company)">Todhunter Earle</a>, with naval architecture by <a data-gid="gid://syiq/Company/35" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Naval Architects Ltd. (Company)">Dubois Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/234043/image/large-dfe2ff99314d4f73afe975bbbf0fa272.png" data-gid="gid://syiq/Photo/234043">

Broker's Insight: Henry Smith, founding Partner of Cecil Wright

Henry Smith is a founding Partner of Cecil Wright, the boutique superyacht brokerage house specialising at the top end of the yachting market.

Broker Insights: Henry Smith, founding Partner of Cecil Wright

Yacht debuts at the upcoming Monaco Yacht Show 2023

With the Monaco Yacht Show just around the corner SYT takes a look at the new yachts making their debuts.

The largest yachts for sale at Cannes Yachting Festival 2023

With the Cannes Yachting Festival 2023 drawing closer, SYT takes a look at some of the yachts available to purchase at this year’s show. 

Yacht debuts and premieres at the upcoming Cannes Yachting Festival 2023

With the Cannes Yachting Festival quickly approaching, SYT takes a look at some of the new yachts that will be attending this year.

<a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">Marijana Radovic</a>, born in Serbia, is a well recognised interior yacht designer, having established collaborations with prominent shipyards and stakeholders across the globe. Her career, spanning over two decades, commenced with her enrolment at the Politecnico di Milano, where she pursued a master’s degree in yacht design.Her professional career encompasses pivotal roles. Beginning with her initial position at the <a data-gid="gid://syiq/Company/103" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lazzarini & Pickering (Company)">Lazzarini Pickering studio</a> in Rome in 2005, she worked for the Latsis group. In 2006, <a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">Radovic</a> founded the <a data-gid="gid://syiq/Company/1430" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stand By / Marijana Radovic (Company)">Stand By</a> studio in Belgrade and Athens. In 2009, moving back to Milan, she expanded her creative horizons beyond yachting ventures into residential, product, and aeronautical design.<img src="https://photo-assets.superyachttimes.com/photo/283153/image/large-a158e42c61e5ff4c5f726ebc46ccc4bf.jpg" data-gid="gid://syiq/Photo/283153">A significant juncture in Radovic’s career emerged through a synergistic partnership with architect and designer <a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">Marco Bonelli</a>. This collaboration culminated in the establishment of <a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">M2atelier studio</a> in 2011, characterised by a design ethos deeply rooted in sustainable minimalism. Apart from residential, hospitality and retail design projects, the studio’s yacht interior design portfolio includes the 65-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> motor yacht <a data-gid="gid://syiq/Yacht/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Regina D'Italia65.0m (213'3&quot;)Codecasa S.p.A.2019">Regina D’Italia</a>, as well as the recently delivered 58-metre <a data-gid="gid://syiq/Yacht/10320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kathryn57.8m (189'8&quot;)Codecasa S.p.A.2023">Kathryn</a>, the 56-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/8978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alea56.0m (183'9&quot;)Vitters Shipyard2022">Alea</a> and the 44-metre <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> motor yacht <a data-gid="gid://syiq/Yacht/9149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ACE44.27m (145'3&quot;)Conrad Yachts2023">ACE</a>.<img src="https://photo-assets.superyachttimes.com/photo/283832/image/large-13629b30f69229851c3fe957f7375355.jpg" data-gid="gid://syiq/Photo/283832"><img src="https://photo-assets.superyachttimes.com/photo/283834/image/large-7f124d7f6190ddb09e3c32c7b08c7d7b.jpg" data-gid="gid://syiq/Photo/283834"> Which factors contributed to the development of your interest in the specialised field of yacht interior design?Even though I grew up in Serbia, a land-locked country, I always had a strong interest in sailing which was paralleled by my fascination with compact spaces and architecture. I realised that effective design surpasses mere aesthetics and instead underscores the intricate interplay between layout and spatial organisation. Yacht interiors, in particular, present a distinctive challenge, necessitating a keen mastery of space utilisation.<img src="https://photo-assets.superyachttimes.com/photo/283905/image/large-e67a3579c5e014dc26b1541af6d4a0dd.jpg" data-gid="gid://syiq/Photo/283905">Could you share one of your most significant experiences in your career and what made it particularly memorable and significant for you?The most significant experiences in my career have arisen from the more challenging projects, where the effort to push boundaries leads to new perspectives on space. For instance, experimenting with a smaller yacht can yield insights that are applicable to larger projects, unveiling diverse possibilities for spatial arrangement and functionality. Personally, interior yacht design surpassed the confines of material elements; it is about creating a comfortable and pleasant cocoon-like space. While larger yachts may have abundant space, the true art lies in curating an environment that evokes a sense of luxury. Each project carries its own unique pressures, but I am particularly enjoying our current engagements. <img src="https://photo-assets.superyachttimes.com/photo/283155/image/large-bb8d7b6f3dcb4a4df7173bc4a5c78d21.jpg" data-gid="gid://syiq/Photo/283155">Collaborating with Marco and our diverse team of over 30 professionals across various projects, infuses dynamism into our work. Our influence extends beyond yachts, encompassing projects spanning from Miami to St. Barths and China. This variety ensures that the challenges continually evolve with each undertaking. It is akin to managing the interior of a boutique in Milan, while simultaneously developing and refining the interiors of a yacht over a three-year span. Such experiences provide extensive practice and allow us to explore new dimensions within the domain of interior yacht design.With the ever-present concern for sustainability in the superyacht sector, how have you developed your approach to tackle this issue?<img src="https://photo-assets.superyachttimes.com/photo/283835/image/large-1f88ae87f0c6c2ff348bb9677e72a842.jpg" data-gid="gid://syiq/Photo/283835">Our sustainability strategy revolves around a collaborative partnership with yacht owners. This bond progressively strengthens, due to the substantial time we spend together. Our cooperation with the clients not only nurtures the design process but also paves the way for potential future endeavours. Through comprehensive engagement, we gain valuable insights into their preferences, infusing environmentally conscious principles into their decision-making processes. This involves working closely with shipyards and exterior designers.<img src="https://photo-assets.superyachttimes.com/photo/283836/image/large-ce7f60c165e59f5e0c00c9038930fed8.jpg" data-gid="gid://syiq/Photo/283836">Furthermore, recognising the significance of understanding owners habits, including their preferences and psychological inclinations, is integral to the design process. Our commitment to sustainable minimalism guides our interior design ethos. This emphasises purposeful material choices, opting for efficiency over excess. Adopting a restrained palette of finishes, we curate a cohesive and refined aesthetic, moving away from a showroom-like abundance of finishes.<img src="https://photo-assets.superyachttimes.com/photo/283837/image/large-e734023fe73bb24d771744ee02c207c7.jpg" data-gid="gid://syiq/Photo/283837">Additionally, we dedicate ourselves to optimising the yacht’s functionality for the owner, their family, and close acquaintances, with an emphasis on crafting spaces that cater to their needs adeptly. Forward-thinking planning, encompassing refits and future life cycles, is another core tenet of our strategy. By integrating technology such as 3D modelling and integrated systems, we proactively anticipate and facilitate maintenance, mitigating the need for disruptive extensive overhauls. Our fundamental belief resonates that designers collectively share the responsibility to address sustainability concerns.<img src="https://photo-assets.superyachttimes.com/photo/259533/image/large-d741e078da46e80f349db7fd938ee428.jpg" data-gid="gid://syiq/Photo/259533"><img src="https://photo-assets.superyachttimes.com/photo/259517/image/large-1cd2db0d32821a7cbc9fbe640b66d213.jpg" data-gid="gid://syiq/Photo/259517"><img src="https://photo-assets.superyachttimes.com/photo/259513/image/large-df479a87fee260bf916d15fec798c0b2.jpg" data-gid="gid://syiq/Photo/259513">Could you share with us any forthcoming and captivating plans or projects that you are particularly excited about in the near future?We have several upcoming projects that we are currently working on, each presenting intriguing features. Amongst these is a yacht spanning around 80-metres. For instance, one yacht features a kitchen in the heart of the vessel, while others offer enhanced beach club experiences. These projects not only focus on innovative design elements but also consider the practical aspects of how the owners will utilise and live within these spaces.<img src="https://photo-assets.superyachttimes.com/photo/200100/image/large-c32892f0bb80fb1b2899453200122def.jpg" data-gid="gid://syiq/Photo/200100">Additionally, we are engaged with smaller yacht designs, where attention is given to layouts and circulation. We particularly emphasise staircases, which play a crucial role in yacht design. Balancing our creative vision with the preferences and habits of clients is important. Feedback from owners helps us tailor our proposals to meet their expectations while also pushing the boundaries of design.<img src="https://photo-assets.superyachttimes.com/photo/251714/image/large-e6dc3852099c3654b2cf46051ec890a2.jpeg" data-gid="gid://syiq/Photo/251714"><img src="https://photo-assets.superyachttimes.com/photo/283544/image/large-faf3dfeba14d38fe8bd1c6d94549f6e8.jpg" data-gid="gid://syiq/Photo/283544"><img src="https://photo-assets.superyachttimes.com/photo/283543/image/large-9ff8562fe604ba10f53cff079aa89f48.jpg" data-gid="gid://syiq/Photo/283543">Moreover, deciding specific budget allocations, allows clients to prioritise elements that matter most to them, for example ceilings, lamps or furniture. Our belief is that investing in architectural aspects, such as ceilings, can profoundly influence the perception of space and the overall yacht experience. We view architecture as a pivotal factor that can genuinely transform and enhance the sense of space on a sailing yacht, offering an experience that goes beyond individual pieces of furniture or decor. <img src="https://photo-assets.superyachttimes.com/photo/283445/image/large-1e21bdd4e839bb9ab851a1b850bb1c5a.jpg" data-gid="gid://syiq/Photo/283445"><img src="https://photo-assets.superyachttimes.com/photo/277026/image/large-a466191db5eae74e75c1e9f2be16e76e.jpg" data-gid="gid://syiq/Photo/277026">Finally, if you could purchase your own yacht or advise a client, is there one design feature you feel has the most impact on a luxurious experience onboard?The most impactful design feature for enhancing the luxury experience on a yacht is the thoughtful utilisation of space. It’s essential to strike a balance, avoiding overly vast areas that might make occupants feel lost. Instead, I emphasise creating well-proportioned suites and living spaces that provide a sense of connection to the surroundings, especially with the sea.<img src="https://photo-assets.superyachttimes.com/photo/200098/image/large-f8e5fb9f10073c76ad61ec72aec863a1.jpg" data-gid="gid://syiq/Photo/200098">Personally my ideal sleeping arrangement involves a direct and open link to the water. Waking up and immediately feeling connected to the natural environment is vital. I believe in designing staterooms that facilitate this connection, ensuring the availability of fresh air and a seamless transition between indoor and outdoor spaces. In both yacht and residential projects, I prioritise a design that maximises circulation, energy efficiency, and a harmonious interaction with the environment.<img src="https://photo-assets.superyachttimes.com/photo/283152/image/large-11efbcc8dc82946cd5569af8d3ee1a82.jpg" data-gid="gid://syiq/Photo/283152">

Meet interior designer Marijana Radovic

Marijana Radovic is a well recognised interior yacht designer having established collaborations with prominent shipyards across the globe.

Meet M2atelier's designer Marijana Radovic: Exploring sustainable minimalism

Yachts at the Monaco Yacht Show 2023

SYT takes a look at the yachts attending this year's Monaco Yacht Show 2023.

The first Wallywhy150 is set to make her international debut at the <a data-gid="gid://syiq/Event/172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2023">Cannes Yachting Festival 2023</a> this September. The green-hulled superyacht is the successor of the Wallywhy200 which was unveiled at the event in 2021. <img src="https://photo-assets.superyachttimes.com/photo/277840/image/large-cf252df6feddab55fcf5425f0386977e.jpg" data-gid="gid://syiq/Photo/277840">The yacht features an exterior design from <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vallicelli Design (Company)">Studio Vallicelli Design</a> in close partnership with the Wally-<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> engineering team. The 24.06-metre motor yacht features a raised pilot house and the eye-catching bow windows of her predecessor. This is the first vessel with direct access to the sea at cockpit level with no stairs necessary – it is effectively a floating loft on the water.<img src="https://photo-assets.superyachttimes.com/photo/277846/image/large-414115af1eb160999f8bb25013ff5670.jpg" data-gid="gid://syiq/Photo/277846"><img src="https://photo-assets.superyachttimes.com/photo/277845/image/large-ff3db30ddf9a099d955b692961af27fd.jpg" data-gid="gid://syiq/Photo/277845">The 150 GT Wallywhy150 can accommodate as many as eight guests with a flexible lower deck layout of either a VIP, double and a twin, or two VIPs and a twin. The master stateroom is located in the bow of the main deck, making full benefit of the wrap-around hull windows.<img src="https://photo-assets.superyachttimes.com/photo/277844/image/large-0fbcb52ba7a8be1aadd9e4626c36a7b4.jpg" data-gid="gid://syiq/Photo/277844">The aft deck of the Wallywhy150 offers a large, unencumbered platform – including both a hydraulic multipurpose ladder and a rising platform. Guests are able to outfit this area as desired, with the capacity to bring all types of water toys on board, as well as a large 3.90-metre tender.<img src="https://photo-assets.superyachttimes.com/photo/277843/image/large-644e0e7295f74e3572e2332b7fcd01de.jpg" data-gid="gid://syiq/Photo/277843">The yacht is powered by three IPS1350 engines to a top speed of 23 knots, or 21 knots with the standard propulsion of three IPS1200 engines.<img src="https://photo-assets.superyachttimes.com/photo/277842/image/large-3e0b5656c06144b5fb965d01dd6f1567.jpg" data-gid="gid://syiq/Photo/277842">

Wallywhy150 to debut at Cannes

The first Wallywhy150 is due to debut at the Cannes Yachting Festival in September.

First Wallywhy150 to debut at Cannes Yachting Festival 2023

The 27th edition of <a data-gid="gid://syiq/Event/177" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma - 2023">The Superyacht Cup Palma</a> has drawn to a close with <a data-gid="gid://syiq/Yacht/251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Velsheda39.4m (129'3&quot;)Camper & Nicholsons Shipyard1933">Velsheda</a> reigning champion in Class A and <a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a> finishing with a clean sweep in Class B. Taking place from 21 to 24 June at the Bay of Palma in the south of Palma, Majorca, Spain, the event featured a variety of yachts, including a number of first-time competitors. <img src="https://photo-assets.superyachttimes.com/photo/275424/image/large-41a2e900726324e691065d5d36c5573f.jpg" data-gid="gid://syiq/Photo/275424">After three days of racing the 24-metre <a data-gid="gid://syiq/Company/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Farr Yacht Design (Company)">Farr</a>-designed yacht <a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a> became the first <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> yacht to win Europe’s longest running superyacht regatta. “This year was amazing for us — at times it was difficult but by the end we had super conditions,” explained Jesper Radich, tactician of <a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a>.“It was windy, it was sunny, it was shifty, so not a straightforward course and you really had to make decisions on every leg. I've done a lot of match racing and that was what it was like out there, a lot of fun!”<img src="https://photo-assets.superyachttimes.com/photo/275426/image/large-21dd5019ab1b9d08f3e798664b6594dd.jpg" data-gid="gid://syiq/Photo/275426"><a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a> started day three in pole position with two wins already under her belt and once again managed to secure first place. Her final day of racing saw a close finish, with the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 100 <a data-gid="gid://syiq/Yacht/4743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onyx 230.11m (98'9&quot;)Nautor Swan2005">Onyx</a> finishing in second place with only five seconds between them on corrected time.<a data-gid="gid://syiq/Yacht/3089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Silver36.19m (118'9&quot;)Alloy Yachts1995">Miss Silver</a>, the 36.19-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy</a> superyacht which competed in Class B, performed well over the course of the week. The yacht enjoyed a solid few days, sparring alongside the <a data-gid="gid://syiq/Company/476" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fitzroy Yachts (Company)">Fitzroy</a> sailing yacht <a data-gid="gid://syiq/Yacht/2011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady M 38.9m (127'7&quot;)Fitzroy Yachts2006">Lady M</a>.<img src="https://photo-assets.superyachttimes.com/photo/275422/image/large-a80c398c407844d5ce1b9af2de0c5687.jpg" data-gid="gid://syiq/Photo/275422">Similarly Class A was an exhilarating race, with seasoned regatta competitor Velsheda claiming two overall wins and reigning supreme in her Class. “We have just come out of a major refit, so it was great to be here, one hundred percent,” said skipper Barney Henshaw-Depledge.<a data-gid="gid://syiq/Yacht/251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Velsheda39.4m (129'3&quot;)Camper & Nicholsons Shipyard1933">Velsheda</a> finished a point ahead of her J-Class rival <a data-gid="gid://syiq/Yacht/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Svea43.6m (143'1&quot;)Vitters Shipyard2017">Svea</a>, who posted a 2-2-2 scoreline. Despite finishing first on day two, the 33-metre <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a> ended the three days of racing in third place, followed by the <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> yacht <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>.<img src="https://photo-assets.superyachttimes.com/photo/275425/image/large-88e210a450b1026f8582a311b6bdd30f.jpg" data-gid="gid://syiq/Photo/275425">“We had a good first day and then the second was more painful as we were OCS, but today I guess we got lucky. We have had ups and downs in Palma but it's great and the conditions are so good. The regatta as always has been great!” commented Barney Henshaw-Depledge.The <a data-gid="gid://syiq/Company/1330" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma (Company)">Superyacht Cup Palma</a> will return for 2024 between 19 and 22 June with <a data-gid="gid://syiq/Company/1330" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma (Company)">SYC</a> Event Director Kate Branagh adding “We have had a fabulous few days with fantastic racing and great weather, and everyone has enjoyed it. It's been terrific to welcome boats back to Palma again and we are looking forward to seeing them next year."<img src="https://photo-assets.superyachttimes.com/photo/275423/image/large-7fee3874810292fc7a968c6ceff60922.jpg" data-gid="gid://syiq/Photo/275423">

Velsheda and Rose win The Superyacht Cup Palma 2024

The Superyacht Cup Palma has drawn to a close with Velsheda reigning champion in Class A and Rose in Class B.

Velsheda and Rose crowned champions of The Superyacht Cup Palma 2024

Yachts attending The Superyacht Cup Palma 2023

Europe's longest-running superyacht regatta, The Superyacht Cup Palma 2023, will be returning for its 27th edition. 

The <a data-gid="gid://syiq/Event/177" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma - 2023">Palma Superyacht Cup</a> returns to the Bay of Palma next week with racing set for 22nd-24th June. Europe's longest-running superyacht regatta, the event is celebrating its 27th edition and will feature a stunning variety of superyachts, with a number of first time appearances alongside some of the regatta's most familiar faces. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/274002/image/large-f8e17c9f154e36c31e0399c92869bd6f.jpeg" data-gid="gid://syiq/Photo/274002"><a data-gid="gid://syiq/Event/177" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma - 2023">Superyacht Cup Palma 2023</a> will get formally underway on June 21 with Superyacht Registration at the<a data-gid="gid://syiq/Company/7199" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Real Club Nautico de Palma (Company)">&nbsp;Real Club Náutico de Palma,</a> followed by the Captain’s Briefing in RCNP's Sala Magna — Great Hall — and the Welcome Cocktail party courtesy of SYC's Destination Partner New Zealand on the RCNP terrace.Among the entries is the SYC regular, the 39.4-metre <a data-gid="gid://syiq/Yacht/251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Velsheda39.4m (129'3&quot;)Camper & Nicholsons Shipyard1933">Velsheda</a>, built by <a data-gid="gid://syiq/Company/192" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons Shipyard (Company)">Camper &amp; Nicholsons Shipyard</a> in 1933, competing against her modern counterpart, the J-Class <a data-gid="gid://syiq/Yacht/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Svea43.6m (143'1&quot;)Vitters Shipyard2017">Svea</a> built by <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> in 2017. The two J's will be a welcome addition to the fleet at this year's event. <img src="https://photo-assets.superyachttimes.com/photo/274001/image/large-5a684a293895093c186a9bcca0f20b01.jpeg" data-gid="gid://syiq/Photo/274001">The 2005-launched Swan 100 <a data-gid="gid://syiq/Yacht/4743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onyx 230.11m (98'9&quot;)Nautor Swan2005">Onyx 2</a> will be making her first ever appearance at SYC, as will the 36.19-metre <a data-gid="gid://syiq/Company/577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Yachts (Company)">Dubois</a>-designed <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy</a> world cruiser <a data-gid="gid://syiq/Yacht/3089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Silver36.19m (118'9&quot;)Alloy Yachts1995">Miss Silver</a>. <img src="https://photo-assets.superyachttimes.com/photo/254873/image/large-9ad9ec2afc520831f56f725b042c3819.jpeg" data-gid="gid://syiq/Photo/254873">Meanwhile 2023 will see the return to <a data-gid="gid://syiq/Event/177" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma - 2023">Superyacht Cup Palma</a> of two 33-metre <a data-gid="gid://syiq/Company/4373" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malcolm McKeon Yacht Design (Company)">Malcolm McKeon</a>/<a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> yachts — the modern <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a>,&nbsp;last seen at SYC in 2017, alongside her stablemate from the <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> yard <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>, who will be looking to repeat her class win of last year and who has just completed a week at the <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta</a> in Sardinia.<img src="https://photo-assets.superyachttimes.com/photo/233086/image/large-a6bfdffccede0c340c5d819c3164eeae.jpeg" data-gid="gid://syiq/Photo/233086">A second <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> entry in the elegant shape of the Swan 80 <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> is returning after her debut in 2021, and the 24m <a data-gid="gid://syiq/Company/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Farr Yacht Design (Company)">Farr</a>-designed <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> yacht <a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a> is back for a second successive year.<img src="https://photo-assets.superyachttimes.com/photo/229176/image/large-5256015d9a455a7d1ae50e2ec820f0b0.jpeg" data-gid="gid://syiq/Photo/229176">"It's great to be back to our roots this year with all the superyachts moored together again and social events right at the stern of the boats at the <a data-gid="gid://syiq/Company/7199" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Real Club Nautico de Palma (Company)">Real Club Náutico de Palma</a>, our long-standing race management partner. This year promises excellent racing with a diverse and competitive fleet and plenty of fun ashore. We’re looking forward to welcoming everyone!” said SYC Event Director Kate Branagh.<img src="https://photo-assets.superyachttimes.com/photo/273999/image/large-038bf9b0dcb8b8181919a331f33328bb.jpeg" data-gid="gid://syiq/Photo/273999">"It is always great to be taking part in Superyacht Cup Palma," said <a data-gid="gid://syiq/Yacht/251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Velsheda39.4m (129'3&quot;)Camper & Nicholsons Shipyard1933">Velsheda</a>'s captain Barney Henshaw-Depledge. "<a data-gid="gid://syiq/Yacht/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Svea43.6m (143'1&quot;)Vitters Shipyard2017">Svea</a> will no doubt be giving us a run for our money, as will be others in the fleet, but as always we welcome the challenge and are looking forward to some competitive times out on the water and catching-up back on the shore."Pantaenius Race Day gets racing underway on Thursday 22 June for the SYC fleet, followed by the <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a> &amp; <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a> Happy Hour gathering on the RCNP Dock.<img src="https://photo-assets.superyachttimes.com/photo/274000/image/large-dbd28b61db6ec66f831d512c4ba62bd9.jpeg" data-gid="gid://syiq/Photo/274000">The New Zealand Race Day on Friday 23 June, with a repeat <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a> Happy Hour and the daily prize-giving again on the RCNP Dock, is followed by the exclusive invitation-only Owners' Summer Barbecue at St. Regis Mardavall.<a data-gid="gid://syiq/Event/177" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Superyacht Cup Palma - 2023">Superyacht Cup Palma 2023</a> concludes on Saturday 24 June with the St. Regis Race Day and celebratory Prize-Giving on the RCNP Terrace.Alongside Official Timepiece Jaquet Droz, other SYC Partners and Friends also include Silver Partners <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>, <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>, Marinepool, RSB Rigging, and Friends <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic Yachts</a>, <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a> and <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell Barcelona</a>.

Palma Superyacht Cup 2023 returns

The Palma Superyacht Cup returns next week, 21-24th June. 

Palma Superyacht Cup returns next week for its 27th edition

Following a successful first day at the 70th <a data-gid="gid://syiq/Event/198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolex Giraglia - 2023 - 70th edition">Rolex Giraglia</a> regatta, the 21 maxi yachts returned yesterday, 12 June, for day two of the three day event. The weather conditions were not ideal for competing, but the race committee was able to run one windward-leeward for the competitors. <img src="https://photo-assets.superyachttimes.com/photo/273908/image/large-46a8f68c4006f189a2a425ccdc51704a.jpg" data-gid="gid://syiq/Photo/273908">The race course for the day was moved from yesterday’s Golfe de Saint-Tropez to neighbouring Pampelonne Bay, known for its world-famous beach. The event is organised by the Yacht Club Italiano in collaboration with the Yacht Club Sanremo and Société Nautique de Saint-Tropez and is the third event of the International Maxi Association’s 2023 Mediterranean Maxi Inshore Challenge. Due to the weather conditions, the fleet had to wait for almost three hours on the water for the wind to fill in. The first of two starts for the maxi yachts took place at 14:20, with conditions ultra-light for the day.<img src="https://photo-assets.superyachttimes.com/photo/273911/image/large-fcc3bc87a28ff4f4a4904e5fa6a3aa44.jpg" data-gid="gid://syiq/Photo/273911">Once again, Dario Ferrari’s 22.86-metre Cannonball prevailed in the Maxi 1 class finishing 3 minutes 40 seconds ahead, under IRC corrected time, from second place Maxi 72 yacht, Vesper. Third place was awarded to IMA Maxi European Champions, North Star.“It was tricky – we sailed the race in five knots of wind and when you have got all the big boats starting together, it is a bit of a scramble, ducking and diving,” explained Vesper’s tactician Gavin Brady. “You have to basically get out to the sides, but that worked out okay for us. We were the right hand boat and crossed the line at full speed and rolled straight into a tack. We committed to the right hard!”<img src="https://photo-assets.superyachttimes.com/photo/273909/image/large-c12c16f92adb04935acabf74e514ad0b.jpg" data-gid="gid://syiq/Photo/273909">According to Brady, the Maxi 72s Cannonball and Northstar benefit from light conditions, as instead of bringing on water to add to their righting moment, they use it instead to shed weight when conditions are ultra-light.The 25.25-metre <a data-gid="gid://syiq/Yacht/4091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Django Unchained25.25m (82'10&quot;)Goetz Composites2009">Django Unchained</a> has also continued to score highly, and placed in fourth place for a second day in a row. “We are very pleased, because so far we have been fourth twice which considering we are racing the 72s is not bad. And we have beaten some of the 72s and the two <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>centos and <a data-gid="gid://syiq/Yacht/10728" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Song24.7m (81'0&quot;)Nautor Swan2022">My Song</a>,” said the former America’s Cup tactician, Tommaso Chieffi.<img src="https://photo-assets.superyachttimes.com/photo/273910/image/large-fc01a605d5e216b20d714c44a712f0f6.jpg" data-gid="gid://syiq/Photo/273910">Today, 13 June, will be the third and final day of racing for the Maxi yachts at the <a data-gid="gid://syiq/Event/198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolex Giraglia - 2023 - 70th edition">Rolex Giraglia</a> before the winner is announced.

Cannonball wins day 2 of the Rolex Giraglia

Cannonball has reigned champion again for day two of the 70th Rolex Giraglia regatta. 

Cannonball strengthens lead for day 2 of the Rolex Giraglia

The <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta 2023</a> came to a close on Saturday after an exciting three days of racing and it was Marco Vogele's 33.4-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> that took the top spot in the Superyacht class. In the combined Performance and Cruising class, it was the impressive Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>, ex.Tango, that championed the week.<img src="https://photo-assets.superyachttimes.com/photo/273547/image/large-808e065e3a6ebd9ec71763ed880bfa89.jpg" data-gid="gid://syiq/Photo/273547">While the wind failed to arrive on Saturday, the week had been an enjoyable one with crew and owners sparring through the turquoise Sardinian waters. Inoui took home the Silver Jubilee Cup and in second place, just two points behind, was the Baltic 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>, and in third place - four points behind the victor - was the 33-metre <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>. Marco Vogele also took home the YCCS Trophy for the top-scoring member of the Club in the event.Chris Main, tactician on <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> commented, “We had very close racing between us, <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a> and <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">Win Win</a>, in the Cruising Class all three races were decided by just a few seconds, which made everything much more fun. Today we felt we had the chance to win the Combined Class as well, where we were second, on equal points with <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>, but racing wasn’t possible.”<img src="https://photo-assets.superyachttimes.com/photo/273548/image/large-ead0b8722fbe21879a149f70c529c59a.jpg" data-gid="gid://syiq/Photo/273548">With the WallyCento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> and Inoui sitting on equal points in the Combined Performance &amp; Cruising Class, the tie was broken on countback. With two races won, <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> therefore triumphed over <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a>, with WinWin in third place, two points behind.Ben Bartlett, owner's representative on <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> commented, “We’ve had a fantastic week with excellent weather conditions and surprising results for us. As the first regatta for this new programme we weren’t expecting amazing things, our main focus was on building a new team and looking ahead to the next events this year. The win was an unexpected bonus.”<img src="https://photo-assets.superyachttimes.com/photo/273499/image/large-36a50c66ed6b671e3732d0a75dd35f71.jpeg" data-gid="gid://syiq/Photo/273499">In the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> division, no classifications were drawn up, in recognition of the non-competitive spirit of the Rendez-vous. At the awards ceremony, the CCO of the shipyard, Andrea Micheli, and Commercial Manager Jeremy Peek presented prizes to the SW94 <a data-gid="gid://syiq/Yacht/6568" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aragon28.64m (93'12&quot;)Southern Wind2012">Aragon</a> for the best manoeuvres, <a data-gid="gid://syiq/Yacht/10474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SØRVIND34.59m (113'6&quot;)Southern Wind2022">Sørvind</a> for the best start and <a data-gid="gid://syiq/Yacht/5985" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Egiwave31.78m (104'3&quot;)Southern Wind2015">Egiwave</a> for having most fully embraced the spirit of the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendez-vous. In addition, the SW100 #01 <a data-gid="gid://syiq/Yacht/1082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfall30.2m (99'1&quot;)Southern Wind2006">Starfall</a> was presented with a special award in memory of Willy Persico, founder of the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> shipyard.<img src="https://photo-assets.superyachttimes.com/photo/273549/image/large-582d866c5da31393c5af54babadb211f.jpg" data-gid="gid://syiq/Photo/273549">YCCS Commodore Michael Illbruck commented, “On the basis of our common values, together with Giorgio Armani we have plans to create a superyacht event that is even better than what we have achieved to date. I would like to thank the owners and crews, and everyone else who made this edition of the <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta</a> possible.”

Inoui yacht wins Giorgio Armani Regatta 2023

The Giorgio Armani Superyacht Regatta has come to a close with Inoui and V taking the top spots. 

Inoui wins Giorgio Armani Superyacht Regatta 2023

The <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta</a> got off to a perfect start yesterday. A north-easterly breeze of about 7 knots intensified, as expected, to around 12 knots and rotated towards the southeast over the course of the day. At 1 p.m. the Race Committee sounded the start for the 45-metre <a data-gid="gid://syiq/Company/476" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fitzroy Yachts (Company)">Fitzroy Yachts</a> <a data-gid="gid://syiq/Yacht/1684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gitana45.0m (147'8&quot;)Fitzroy Yachts2009">Gitana</a> was the first superyacht off the line in the staggered starting sequence. <img src="https://photo-assets.superyachttimes.com/photo/273210/image/large-1ca68fcebecb25729ddbe561c9b9ef4c.jpg" data-gid="gid://syiq/Photo/273210">The <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> division started their races at 1:30 p.m and the SW105 <a data-gid="gid://syiq/Yacht/10474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SØRVIND34.59m (113'6&quot;)Southern Wind2022">Sørvind</a> quickly flew ahead of the fleet. Both divisions started in Porto Cervo before rounding the island of Monaci. After leaving the Monaci lighthouse to port, the superyacht division sailed up the coast of the island of Caprera and entered the Saline gulf, where they left a mark to port before returning to Porto Cervo via the Bisce Pass, for a total of approximately 20 miles.<img src="https://photo-assets.superyachttimes.com/photo/273214/image/large-9e5198223ed71b0cf766b8e8ad9b612a.jpeg" data-gid="gid://syiq/Photo/273214">Until the first mark, the Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> remained at the back of the fleet, but took a close line around the Monaci island, jibbing ahead of the fleet and taking a steady lead on the race to the island of Caprera. The superyacht's lead steadily grew throughout the afternoon, with the rest of the fleet behind her. <img src="https://photo-assets.superyachttimes.com/photo/273213/image/large-9cad2daf9a17b1b42df2cf63f9c4f266.jpeg" data-gid="gid://syiq/Photo/273213">The first day saw the 33-metre <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a> 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> take victory in the Superyacht Cruising Class division, followed by another 108-footer in the form of Inoui, with owner-helmsman and regular participant in the Giorgio Armani Superyacht Regatta, Marco Vogele, on board. The <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> fought for most of the course with <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>, another 33-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> yacht which already has a win in Porto Cervo under her belt, when she was known as Missy. The Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>, meanwhile, claimed the top spot in the Combined Performance and Cruising Class, finishing the race by a 2 minute corrected lead, having started last in the staggered starting sequence.<img src="https://photo-assets.superyachttimes.com/photo/273215/image/large-d39a3ba7e0942006f83c4c4454284d09.jpeg" data-gid="gid://syiq/Photo/273215">Ken Read, multi-award winning sailor and tactician on the Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>, declared: "We couldn't have asked for a better day here in Porto Cervo. Sunshine, flat seas and a gentle breeze of 12 knots, a perfect situation for these boats. The beauty of this place always amazes me and sailing here with these boats is a unique experience, they let me have a few moments in which to look around and smile, because honestly there is nothing more beautiful than all this."<img src="https://photo-assets.superyachttimes.com/photo/273216/image/large-8fefcfc59674712fada243c28e3a3226.jpeg" data-gid="gid://syiq/Photo/273216">Results aren't drawn up for the boats taking part in the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous, reflecting the particularly convivial atmosphere that reigns at this gathering, now in its 17th edition. The fleet sailed in a compact group and the owners were able to enjoy the same course as the Superyacht division. <img src="https://photo-assets.superyachttimes.com/photo/273212/image/large-5876fe1fa0da0cc510c8beaa12159f3c.jpg" data-gid="gid://syiq/Photo/273212">Racing continues today, 8th June, with a breeze similar to today's forecast. The start for the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous division is scheduled for 11:30 a.m, followed by the Superyacht division at around midday. Organised by the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">Yacht Club Costa Smeralda</a> with the support of title sponsor Giorgio Armani, the event is is now in its 16th edition.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273211/image/large-293abf27b8bbaa226731cc42ce1438a7.jpg" data-gid="gid://syiq/Photo/273211">

Giorgio Armani Superyacht Regatta 2023 day 1

The Giorgio Armani Superyacht Regatta began yesterday with wallycento V taking the day.

Wallycento V takes the first day at the Giorgio Armani Superyacht Regatta

Yachts attending the Giorgio Armani Superyacht Regatta 2023

The Giorgio Armani Superyacht Regatta 2023 will be returning from 6 to 10 June for its 16th edition, held in the glorious waters surrounding Sardinia.

<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, a key player in yachting innovation and a part of the renowned <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group</a>, presents its latest model, the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a>, at the esteemed Salone Nautico Venezia. The magnificent backdrop of the Arsenale sets the stage for the awaited unveiling of this new <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> model, which continues to redefine the boundaries of yacht design. <img src="https://photo-assets.superyachttimes.com/photo/272305/image/large-b13ba5d8b03fdf95ea029f0076b49ad1.jpg" data-gid="gid://syiq/Photo/272305">Crafted by the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>-<a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group</a> engineering team, with interior design by <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vallicelli Design (Company)">Studio Vallicelli Design</a>, the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> embodies unrivalled exterior spaces on the 24.06-metre yacht, revolutionising the concept of a raised pilothouse design.<img src="https://photo-assets.superyachttimes.com/photo/240969/image/large-6f2c8eaeed26d90f395d478ea8d3fc4d.jpg" data-gid="gid://syiq/Photo/240969">Stefano de Vivo, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally's</a> Managing Director, elaborates on the vision behind the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a>: "Our objective was to anticipate market demands by developing a yacht that stays ahead of its time, drawing inspiration from the innovative features that made the <a data-gid="gid://syiq/YachtModel/10773" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY20027.03m (88'8&quot;)">wallywhy200</a> a resounding success. With its impressive 24-metre length and 150 GT, the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> is a versatile vessel, ideally suited for experienced owners who truly appreciate the masterful utilisation of space, expansive living areas, and its unmistakable personality. For nearly three decades, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has been at the forefront of designing and constructing cutting-edge yachts, spearheading epochal changes in yacht design. We are confident that the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> will establish itself in diverse international markets."<img src="https://photo-assets.superyachttimes.com/photo/240970/image/large-d53641cb85dba30603e3c40f5f2013fc.jpg" data-gid="gid://syiq/Photo/240970"><img src="https://photo-assets.superyachttimes.com/photo/233568/image/large-d3f32291eb15820ba93695365be64ecd.jpg" data-gid="gid://syiq/Photo/233568">The <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> sets new benchmarks for its size with its unparalleled exterior areas. The upper deck offers expansive open space, providing an immense amount of protected area. Onboard, owners and guests can relish a complete dining setting on the sundeck, a sunbathing area, a shaded lounge, and much more – almost the entire length of the vessel is dedicated to outdoor leisure and relaxation. A noteworthy feature of the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> is the floor-to-ceiling glass that dominates its design, enhancing the yacht's allure.<img src="https://photo-assets.superyachttimes.com/photo/240971/image/large-836df6d7e40c3dea2f8922c27dcce133.jpg" data-gid="gid://syiq/Photo/240971">Accommodation on the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> includes a forward master suite on the main deck, reminiscent of the <a data-gid="gid://syiq/YachtModel/10773" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY20027.03m (88'8&quot;)">wallywhy200</a>, offering unobstructed 270-degree panoramic views and a striking grand "amphitheatre of the sea" design, courtesy of its unusually high bow. Additional accommodations are located on the lower deck, which can be configured as a VIP, a double, and a twin guest suite or as a two VIP cabin layout. All staterooms benefit from the ample natural light streaming through the vast windows, creating an airy and contemporary ambience onboard.<img src="https://photo-assets.superyachttimes.com/photo/233570/image/large-8fd9cede24495563e986f9969ea912c6.jpg" data-gid="gid://syiq/Photo/233570">Luca Bassani, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally's</a> Founder and Chief Designer, highlights the primary reason for the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150's</a> uniqueness: "It is the simplicity and accessibility of the layout that makes it immensely appealing to a wide range of clients – it provides the ultimate flexible platform for those seeking to expand the boundaries of traditional planing-craft usage. This vessel is the first to offer direct access to the sea at cockpit level without the need for stairs; it is effectively a floating loft on the water."<img src="https://photo-assets.superyachttimes.com/photo/233571/image/large-f4a10353012d87bcea2a112e2b8faa33.jpg" data-gid="gid://syiq/Photo/233571">The aft deck of the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> presents a spacious and unobstructed platform featuring a hydraulic multipurpose ladder and a rising platform. Owners can customise this area according to their preferences, accommodating various water toys and a large 3.90-metre tender.Equipped with optional three IPS1350 engines, the <a data-gid="gid://syiq/YachtModel/12820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY15024.06m (78'11&quot;)">wallywhy150</a> can achieve an impressive maximum speed of 23 knots, while the standard propulsion of three IPS1200 engines ensures a cruising speed of 17 knots.&nbsp;

Wally debuts wallywhy150 at the Venice Boat Show 2023

Wally unveils the innovative wallywhy150 described as the “floating loft on the water,” at the Venice Boat Show 2023. 



Wally debuts the wallywhy150 “floating loft on the water” at the Venice Boat Show 2023

The <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> is once again returning to the historic Arsenale of Venice from May 31 to June 4. The show is one of the leading exhibitions dedicated to the boating industry in the area and will feature over 220 exhibitors and 300 vessels. We take a look at everything happening at the fourth edition of the <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> where representatives from the SuperYacht Times team will also be in attendance.<img src="https://photo-assets.superyachttimes.com/photo/271769/image/large-8c6193fbda2c363af2247839a140aafd.jpg" data-gid="gid://syiq/Photo/271769">LocationThe <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> is held in the Arsenale of Venice, a symbol of the centuries-old military domination of the Serenissima Republic of Venice and the beating heart of its naval industry. The show is promoted by the City of Venice through Vela Spa, in collaboration with the Italian Navy.<img src="https://photo-assets.superyachttimes.com/photo/271770/image/large-1f6398e52cb92c2f745f321da40dc294.jpg" data-gid="gid://syiq/Photo/271770">The exhibition spans 55,000 square-metres and is spread across the water basin, with 30,000 square-metres of outdoor exhibition space, 5,000 square-metres of indoor space and over 1,100 linear-metres of piers. With over 230 moorings dedicated to superyachts, sailing yachts and various other types of boats, there will be the opportunity to explore a wide range of vessels during the show.<img src="https://photo-assets.superyachttimes.com/photo/271768/image/large-3e2796c8660d7d17ede56b31252e89ca.jpg" data-gid="gid://syiq/Photo/271768">ExhibitorsThis year’s <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> will see over 220 exhibitors from all corners of the world visiting the Arsenale. Some of the biggest industry professionals will be attending including, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a>, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>, <a data-gid="gid://syiq/Company/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantaenius (Company)">Pantaenius</a>, <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</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 Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/271766/image/large-aca5d1dd3a8ca2299a52f5136b211bfc.jpg" data-gid="gid://syiq/Photo/271766">Yachts attending and world premieresThe <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> will be welcoming yachts from far and wide, as well as many world premieres. Below is SYT’s list of yachts to look out for while attending this year’s show:<img src="https://photo-assets.superyachttimes.com/photo/264617/image/large-656b52440821f743f4e0c9d4811135a2.jpg" data-gid="gid://syiq/Photo/264617"><a data-gid="gid://syiq/Yacht/8690" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King Ducale 12036.8m (120'9&quot;)Ocean King2023">Ocean King Ducale 120</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/2360" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King (Company)">Ocean King</a>&nbsp;| 36.8-metresDesigned in Venice, the 36.8-metre <a data-gid="gid://syiq/Yacht/8690" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King Ducale 12036.8m (120'9&quot;)Ocean King2023">Ocean King Ducale 120</a> motor yacht will be making her Italian premiere. The steel explorer yacht features an Italian pedigree DNA with interior and exterior design by <a data-gid="gid://syiq/Company/4663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VYD Studio (Company)">VYD Studio</a>, and naval architecture penned by <a data-gid="gid://syiq/Company/4565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InNave (Company)">InNave</a>.<img src="https://photo-assets.superyachttimes.com/photo/248691/image/large-3b79797ed9a380aef67ac19939f4c0cf.jpg" data-gid="gid://syiq/Photo/248691">The <a data-gid="gid://syiq/Yacht/8690" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King Ducale 12036.8m (120'9&quot;)Ocean King2023">Ocean King Ducale 120</a>features two swimming pools; a rare feature on vessels her size, as well as an interior volume of 334 GT. She is able to accommodate up to 12 guests across a five stateroom layout, as well as a crew of seven between four cabins.<img src="https://photo-assets.superyachttimes.com/photo/261931/image/large-85ca36af91a6cd1720b9d5bb13989f90.jpg" data-gid="gid://syiq/Photo/261931"><a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>&nbsp;9X |&nbsp;<a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>&nbsp;| 27.96-metresThe <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 9X has been designed in full by <a href="https://sya.superyachttimes.com/companies/fulvio-de-simoni" target="_blank">Fulvio de Simoni Yacht Design</a>, which were responsible for her interior and exterior design, as well as her naval architecture. She features an ultra-modern exterior design and emulates the stylings often captured in luxury sports cars.<img src="https://photo-assets.superyachttimes.com/photo/261925/image/large-c48bcced098e45d6537fa777b112577b.jpg" data-gid="gid://syiq/Photo/261925">The 82 GT <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>9X yacht offers accommodation for up to nine guests across four light and modern staterooms. She is also able to carry a crew of three across two cabins.<img src="https://photo-assets.superyachttimes.com/photo/233572/image/large-987c07da1d34bf6a8b7b7696d30c756a.jpg" data-gid="gid://syiq/Photo/233572">wallywhy150 |&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;| 24.06-metresMaking her debut at the Venice Boat Show 2023 is the all-new wallywhy150. The 24.06-metre motor yacht features exterior design and naval architecture by her builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, with interior design by <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vallicelli Design (Company)">Studio Vallicelli Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/233571/image/large-f4a10353012d87bcea2a112e2b8faa33.jpg" data-gid="gid://syiq/Photo/233571">Accommodation onboard the wallywhy150 includes a master stateroom located forward on the main deck which showcases 270-degree panoramic views and a stunning, grand “amphitheatre of the sea” design, thanks to her unusually high bow.<img src="https://photo-assets.superyachttimes.com/photo/182818/image/large-aa206236fa191f1f951246fd83f1273a.jpg" data-gid="gid://syiq/Photo/182818"><a data-gid="gid://syiq/Yacht/8366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa 8023.8m (78'1&quot;)Arcadia Yachts2020">Sherpa 80</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>&nbsp;| 23.8-metresThe 23.8-metre <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia</a> motor yacht <a data-gid="gid://syiq/Yacht/8366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa 8023.8m (78'1&quot;)Arcadia Yachts2020">Sherpa 80</a> will be showcased at this year’s <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a>. The pocket-sized yacht offers a total of 220 square-metres of indoor and outdoor space, as well as a beam of 7-metres. <img src="https://photo-assets.superyachttimes.com/photo/182866/image/large-e629bb564659c27ca7a90da600456b24.jpg" data-gid="gid://syiq/Photo/182866">The <a data-gid="gid://syiq/Yacht/8366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa 8023.8m (78'1&quot;)Arcadia Yachts2020">Sherpa 80</a> features interior and exterior design by <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a> with naval architecture from her builder <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>. She features a four stateroom layout for up to eight guests, as well as crew accommodation for three.<img src="https://photo-assets.superyachttimes.com/photo/271773/image/large-324778313a4910eea515a28e587e749f.jpg" data-gid="gid://syiq/Photo/271773">Navetta 75 |&nbsp;<a data-gid="gid://syiq/Company/5729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Yachts (Company)">Absolute Yachts</a>&nbsp;| 22.82-metresThe 22.82-metre Navetta 75 yacht uses geometric shapes while embodying <a data-gid="gid://syiq/Company/5729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Yachts (Company)">Absolute Yachts</a> key design characteristics. She features sleek lines and glass parapets which help to enhance her connection with the sea.<img src="https://photo-assets.superyachttimes.com/photo/271772/image/large-ba669915ab95864b393451dffa5a335c.jpg" data-gid="gid://syiq/Photo/271772">The Navetta 75 offers a four stateroom layout for up to eight guests with a full-beam master suite on the bow, with two double and a twin stateroom on her lower deck.<img src="https://photo-assets.superyachttimes.com/photo/271774/image/large-5f04e674aff3f4084588f4698590ce39.png" data-gid="gid://syiq/Photo/271774">&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a>&nbsp;| 20.98-metres&nbsp;The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 68 yacht features a sophisticated design with multi-purpose exterior deck spaces. The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 68 yacht offers the option of three main deck configurations to suit all onboard living styles. <img src="https://photo-assets.superyachttimes.com/photo/271775/image/large-69e9007c8884ea03556e581296a2e5d6.png" data-gid="gid://syiq/Photo/271775">With a beam of 5.23-metres, the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 68 is able to sleep up to eight guests across four staterooms, as well as a crew of two. She is equipped with twin <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> engines which provide her with a top speed of 32 knots and a cruising speed of 27 knots.<img src="https://photo-assets.superyachttimes.com/photo/271767/image/large-d68fa3832f0e8d66303d3d2363468002.jpg" data-gid="gid://syiq/Photo/271767">Event detailsThe <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> is a hub of entertainment and will feature meetings, presentations and specialised congresses, as well as art installations, guided tours and educational activities for children.&nbsp;The event will also see water trials, trophies and sports regattas and an E-Village dedicated to electric boats participating in the E-Regatta. <img src="https://photo-assets.superyachttimes.com/photo/271765/image/large-fbf4a31352f82c65f3dc435543660d77.jpg" data-gid="gid://syiq/Photo/271765">

Venice Boat Show 2023 details

The Venice Boat Show 2023 returns to the historic Arsenale from May 31 to June 4. SYT takes a look at everything you need to know before attending.

Everything you need to know about the Venice Boat Show 2023

Italy-based yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has reported a significant improvement in Q1 2023 margins in their latest financial report. The Board of Directors at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> reviewed and approved the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s consolidated financial results for the first quarter of 2023 and reported an order backlog of €1.5 billion.<img src="https://photo-assets.superyachttimes.com/photo/269914/image/large-f008f2595c26a0e0ddc9ff1c03717d36.jpg" data-gid="gid://syiq/Photo/269914">Headquartered in Forlì, Italy, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reported an order intake of €307.5 million in the first three months of 2023. The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> also saw a 15.4 percent increase in the order backlog compared to 31 December 2022 due to strong demand on international markets.The order backlog is broken down into segments, with made-to-measure yachts responsible for approximately 37.7 percent of the order backlog and equivalent to €549.1 million as of 31 March 2023. Composite yachts reached €489.9 million, or 32.7 percent of the total backlog, superyachts made up 25.7 percent or €384.6 million of the backlog, and other businesses such as <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Sail and the (<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Security Division) FSD made up €72.7 million, or 4.9 percent of the total backlog.<img src="https://photo-assets.superyachttimes.com/photo/262170/image/large-58ac563f0eedce204ff480d094b86af1.jpeg" data-gid="gid://syiq/Photo/262170">“The luxury yacht market continues to see strong expansion and, once again, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> shows vision and foresight, as witnessed by the important acquisition of Cantiere San Vitale, in Ravenna, the cornerstone of a future-looking growth strategy,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, Alberto Galassi.The total revenue for Q1 2023 surpassed €280 million, representing an increase of 9.3 percent compared to Q1 2022. The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> attributes this figure to the strong order backlog built in 2022.<img src="https://photo-assets.superyachttimes.com/photo/260867/image/large-5e5d5c3dcbe40ce54198eb723f80f847.jpeg" data-gid="gid://syiq/Photo/260867">When this revenue is broken down into geographical locations, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> found that approximately 48.2 percent of the total revenue for Q1 2023 came from Europe, Middle East, and Africa regions (EMEA.) The North America, Central America, and South America regions (AMAS) were responsible for 28.6 percent, while the Asia-Pacific region (APAC) accounted for 11.4 percent of the total revenue.&nbsp;The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> also revealed an increase of 26.6 percent for adjusted EBITDA for Q1 2023 compared to Q1 2022. This improvement has been attributed to a longer waiting and high order backlog which reflects pricing power, a larger presence in segments such as made-to-measure, and the economy of scale in purchasing with a more efficient fixed costs absorption.The overall net profit of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> was reported as €18.6 million in Q1 2023, representing an increase of 42 percent from Q1 2022, with a margin equivalent to 6.6 percent in Q1 2023, representing an increase of 120 basis points when compared to Q1 2022.<img src="https://photo-assets.superyachttimes.com/photo/243240/image/large-c8d44c405138c49644ebabd8896f5e94.jpg" data-gid="gid://syiq/Photo/243240">The huge interest shown by the financial community after the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s first Capital Markets Day and the very positive financial results reported in Q1 2023, are another demonstration of our solidity and confirm once again that our shareholders and our customers were right to place their confidence in us,” concluded Alberto Galassi.

Ferretti Group reports €1.5 billion order backlog for Q1 2023 

The Ferretti Group has reported a significant improvement in Q1 2023 margins in their latest financial report compared to Q1 2022.

Ferretti Group announces €1.5 billion order backlog for Q1 2023 financial report

Italy-based builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally Yachts</a> has announced the launch of the first 30.48-metre <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom sailing yacht. The launch took place on Saturday 22 April in Marina di Ravenna, Italy and the cruiser racer is inspired by the Wallycento box rule of creating light displacement yachts with powerful sail plans and planing hulls.<img src="https://photo-assets.superyachttimes.com/photo/267497/image/large-9c7b26c436f6602312070c8659794f8c.jpg" data-gid="gid://syiq/Photo/267497">Built from a carbon fibre sandwich and weighing in at only 56-tonnes, the yacht is set to be a high speed racing yacht. She features exterior design by <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a> with naval architecture by <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel / Vrolijk &amp; co</a>. <img src="https://photo-assets.superyachttimes.com/photo/218134/image/large-17fe93c03ba877ef7ddeb6f8e80235e1.jpg" data-gid="gid://syiq/Photo/218134">“I’m extremely proud of the results achieved with the <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom. The light ship displacement is just 55 tonnes, almost 15 percent less than yachts of similar size and configuration, and with 40 percent of the total weight placed in the keel,” explained <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Founder and Chief Designer, Luca Bassani. “This achievement is accomplished thanks to the latest carbon fiber technology pioneered and developed over the years by <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, using a high - tech sandwich composite with pre-preg carbon fibre.”<img src="https://photo-assets.superyachttimes.com/photo/267500/image/large-7d23d9e84edbb47c86a6217513c3c867.jpg" data-gid="gid://syiq/Photo/267500">The <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom yacht combines high-performance with a family-friendly interior layout from <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a>. She features a cockpit saloon seating area for up to eight guests with an aft deck sunbathing area. Her saloon area includes a living and dining area with seating for up to 12 guests.<img src="https://photo-assets.superyachttimes.com/photo/267499/image/large-b2b3ccfbd6ccf55d96410f77808db8ab.jpg" data-gid="gid://syiq/Photo/267499">The <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom yacht is able to accommodate up to six guests across three staterooms, with two ensuite guest staterooms and an owner’s suite, complete with an ensuite bathroom and a walk-in wardrobe.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/54606" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In Pictures: The Wally 101 in-build (2022-02-17 09:00:00 +0100)">In Pictures: The Wally 101 in-build<img src="https://photo-assets.superyachttimes.com/photo/267496/image/large-0d6d1edacbfc3f953c4dbdbb4b8f681f.jpg" data-gid="gid://syiq/Photo/267496"></a>The new full custom yacht features the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Enhanced Hydraulic System comprising multiple hydraulic pumps technology to further speed up sail handling. The lifting keel increases the draft from 4.70-metres to an extraordinary 6.80-metres, for unparalleled upwind performance.<img src="https://photo-assets.superyachttimes.com/photo/267498/image/large-eaca3101f90b76ac6fb72162e86d0fad.jpg" data-gid="gid://syiq/Photo/267498">The new <a data-gid="gid://syiq/Yacht/11080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally 101 30.8m (101'1&quot;)Wally2023">wally101</a> Full Custom can easily reach high performance at all speeds and in all configurations. When not sailing, the 425 horsepower engine will provide a top speed of 11.5 knots.<img src="https://photo-assets.superyachttimes.com/photo/193397/image/large-35fdbe7472e614caca472d069096f148.jpg" data-gid="gid://syiq/Photo/193397">"This is the 48th full-carbon sailing superyacht built by Wally, continuing the company’s remarkable contribution to the advancement of sailing design and technology,” commented Stefano de Vivo, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Managing Director. “Launching a fully custom 101 is a great milestone for us, which demonstrates once again the ability of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> to always place themselves at the forefront , even in the competitive market of sailing superyachts."

First 30m wally101 Full Custom sailing yacht launched

Wally Yachts has announced the launch of the first 30m wally101 Full Custom sailing yacht in Italy.

Despite an impressive resumé, designer Alessandro Massari has not always received the media attention he deserves. But his dazzling interior design aboard 88-metre <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> that debuted at the <a data-gid="gid://syiq/Event/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2022">2022 Monaco Yacht Show</a> is set to change all that. We travelled to Fano on Italy’s Adriatic coast to discover more about <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/267334/image/large-8974174c5da65d057110295150a9d4d0.jpg" data-gid="gid://syiq/Photo/267334">Alessandro Massari trained as an architect and spent his military service as a &nbsp;superintendent of architectural heritage. So it’s not altogether surprising that the first thing he does is take me on a tour of Fano’s Roman wall and the historic Arch of Augustus, the triumphant gateway that marked the entrance to the ancient city. From there it’s a short walk to the elegant 17th century palazzo that houses the <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a>, where we settle down to talk under frescoed ceilings. &nbsp;“I basically took over the business set up by my father, who designed his first yacht interior for Canados in 1964 and then worked as a consultant for <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> before it became part of the Ferretti Group,” he begins. “He was the interior project manager on Gianni Agnell’s <a data-gid="gid://syiq/Yacht/726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="F-10032.9m (107'11&quot;)CRN1983">F-100</a>, the celebrated yacht with exterior design by <a data-gid="gid://syiq/Company/172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gerhard Gilgenast (Company)">Gerhard Gilgenast</a>, and worked on <a data-gid="gid://syiq/Yacht/1062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azzurra II47.8m (156'10&quot;)CRN1988">Azzurra II</a>, another classic <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> yacht, together with <a data-gid="gid://syiq/Company/288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paola D. Smith & Associates (Company)">Paola D. Smith</a>. I guess you could say yacht design was in my blood from the start.”<img src="https://photo-assets.superyachttimes.com/photo/267336/image/large-e3fbc852f73e2bd6d600573cdaa95d55.jpg" data-gid="gid://syiq/Photo/267336">The latter connection proved instrumental in the trajectory of Alessandro’s own career. Starting out as a young interior designer he realised he would need to perfect his English by seeking work experience in the US. His father put him in touch with <a data-gid="gid://syiq/Company/288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paola D. Smith & Associates (Company)">Paola D. Smith &amp; Associates</a> and he ended up spending two years with the Florida-based studio. During that time he contributed to projects such as <a data-gid="gid://syiq/Company/149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christensen Shipyards, LLC. (Company)">Christensen</a>’s 49-metre <a data-gid="gid://syiq/Yacht/174" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carte Blanche48.77m (160'0&quot;)Christensen Shipyards, LLC.2008">Primadonna</a> and 39-metre Lady Halima (now <a data-gid="gid://syiq/Yacht/1413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Azul39.4m (129'3&quot;)Heesen Yachts2001">Lady Azul</a>) launched by <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> in 2001.<img src="https://photo-assets.superyachttimes.com/photo/67434/image/large-b13cb93378761bccf1f7afe2f0415f10.jpg" data-gid="gid://syiq/Photo/67434">“Both interiors were very bespoke projects and from Paola I learnt how to tailor the design to the client’s wishes,” he recalls. “That lesson stayed with me and today as a studio we start the creative process by listening with almost maniacal attention to the client. After listening, we study and then propose, &nbsp;always in that order.”Alessandro returned to Italy, but his apprenticeship as a designer was not over: he had the technical knowledge, but not the hand-on experience his father considered an essential ingredient of the job.“So I went to work for a carpentry company designing onboard furniture for shipyards like <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>,” he says. “That meant engaging with the tradesmen on the shop floor, where I learned how things were put together and installed.”<img src="https://photo-assets.superyachttimes.com/photo/16441/image/large-6efab0734257b84b932a5096d6656858.jpg" data-gid="gid://syiq/Photo/16441">That workshop was eventually taken over by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, which opened another chapter in the designer’s career. Originally called in to help resolve issues with a client and his American interior designer, he ended up overseeing the interior shop drawings and outfitting of <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s Classic and Vision series in composite.&nbsp;This led to taking on the interior design of larger steel and aluminium yachts from 59-metre Wind (now <a data-gid="gid://syiq/Yacht/516" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galkynys59.0m (193'7&quot;)Benetti SpA2007">Galkynys</a>) to 62-metre Bistango (now <a data-gid="gid://syiq/Yacht/512" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sorrento62.0m (203'5&quot;)Benetti SpA2010">Sorrento</a>). By 2010 he had contributed to the interior design of some 25 superyachts from half a dozen leading shipyards.<img src="https://photo-assets.superyachttimes.com/photo/200434/image/large-9dc6bfedd312d6a0275e9e0bd8350bfb.jpg" data-gid="gid://syiq/Photo/200434">An important custom project was <a data-gid="gid://syiq/Yacht/4386" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Forever One54.65m (179'4&quot;)ISA Yachts2014">Forever One</a>, the 54-metre motor yacht with exterior design by Horacio Bozzo that was launched by <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> in 2014 for owner Bruce Grossman. An artful demonstration of how an attention-grabbing exterior and a soberly classic interior can be gracefully combined, the owner spent months at a time aboard his yacht.“The owner wanted a very distinctive exterior, but our brief was for a casual and family-oriented interior,” says Massari. ““One of the most challenging aspects was his considerable wardrobe that included a valuable watch collection. He had very precise instructions regarding the dimensions of drawers and hanging space, so much so that he invited me to visit his homes to take measurements, which were reproduced exactly aboard the yacht.”<img src="https://photo-assets.superyachttimes.com/photo/267337/image/large-4c33ddfa796e8bea414adffbb150fdd7.jpg" data-gid="gid://syiq/Photo/267337">By this time <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a> was juggling a growing number of residential commissions with large yacht projects such as <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a>’s 76-metre Halo and 101-metre <a data-gid="gid://syiq/Yacht/4152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="I Dynasty100.8m (330'9&quot;)Peters Werft GmbH2015">I Dynasty</a> built by <a data-gid="gid://syiq/Company/195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kusch Yachts (Company)">Kusch</a> in Germany, his biggest yacht interior to date.&nbsp;“I‘ve learned to be very precise in the design package we provide, because the more specific you are the less room for interpretation there is,” he says. “Of course, there should always be room for dialogue, but by removing the grey areas the whole design process becomes more fluid. I think the northern Europeans are much more advanced than us Italians in this sense.”<img src="https://photo-assets.superyachttimes.com/photo/184240/image/large-4dee20403a33c1a3b74d7266df4ad637.jpg" data-gid="gid://syiq/Photo/184240">While working in Germany a chance meeting with Sheldon Adelson, founder of the Las Vegas Sands Corporation that owns a chain of hotels and casinos, led to another fork in the road for Massari. The American entrepreneur hired him to develop the interior concept for The Venetian, a massive resort and casino complex in Macau. Other Sands resorts followed as well as the refitting of 92-metre <a data-gid="gid://syiq/Yacht/272" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Miri91.5m (300'2&quot;)Neorion2004">Queen Miri</a> for Adelson at Amico&amp;Co in Genoa. Moreover, <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a> oversaw the interior concepts for various passenger jets in the Sands Corporation fleet and worked closely with Boeing at the Citadel complex in Louisiana, the world’s premier provider of VIP interior completions for large airplanes.<img src="https://photo-assets.superyachttimes.com/photo/251187/image/large-83acb4b82ac1ed5c40d18c4d850a369a.jpg" data-gid="gid://syiq/Photo/251187">“For several years everything we did was residential, hospitality or aviation with no time for anything else, but I was keen to get back into yacht design,” says Massari. “Then three years ago I got a call from the owner of <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a>, who previously owned the 59-metre <a data-gid="gid://syiq/Yacht/514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Meamina59.3m (194'7&quot;)Benetti SpA2008">Meamina</a>, which was one of our interior projects for <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> years ago.”Read:&nbsp;<a data-gid="gid://syiq/Article/56525" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard Project X: A first look at the interiors of the 88m Golden Yachts superyacht (2022-12-07 14:00:00 +0100)">Onboard Project X: A first look at the interiors of the 88m Golden Yachts superyacht<img src="https://photo-assets.superyachttimes.com/photo/258987/image/large-7134c4bad836931a9d69f6058d9dbdae.jpeg" data-gid="gid://syiq/Photo/258987"></a>With exterior styling by <a data-gid="gid://syiq/Company/148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ken Freivokh Design (Company)">Ken Freivokh</a>, <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> had begun life at shipyard in Chile, but construction stalled for over a decade until she arrived at <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> in Athens, where her interior design was completely revamped by <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a> (the studio is also developing the interior design for 77-metre O’Rea by <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> due to launch this year).&nbsp;At almost 3,000 gross tons, it is difficult to describe the sheer variety and complexity of the interior design. The array of exclusive materials includes more than 40 types of leather, precious woods, marbles and onyx, and sophisticated finishes. Yet despite the rich aesthetic the effect is never ostentatious and each room is endowed with its own identity and personality.<img src="https://photo-assets.superyachttimes.com/photo/252015/image/large-40798fc4db1e218fedd6b624eb86e3ec.jpeg" data-gid="gid://syiq/Photo/252015">“We set out to create a contemporary, refined and welcoming interior solutions that conferred uniqueness to each individual space, while ensuring perfect harmony with the others,” says Massari.A prime example of how Massari and his 10-strong team (which includes his wife Maurizia) think through every detail of the design process is the bar unit on upper deck. The façade is lined with dozens of undulating glass bottles filled with a special whisky-coloured fluid, but the studio also designed the spring-loaded, rubber-lined mounts so the bottles don’t rattle under way and can be easily removed for cleaning. <img src="https://photo-assets.superyachttimes.com/photo/237426/image/large-7115013fadbee633e9a23854046e5dd7.jpeg" data-gid="gid://syiq/Photo/237426">At the same time as <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a>, the studio was working on <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>’s 52-metre <a data-gid="gid://syiq/Yacht/10294" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PrivateGG52.0m (170'7&quot;)CRN2022">Ciao</a> with exterior design by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>. The interior aesthetic based on natural, earthy tones punctuated by flashes of vibrant red soft furnishings is totally different but equally elegant, consistent and refined.&nbsp;As well as a Darwin 86 and 130-foot Acciaio explorer at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, one of <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a>’s most recent projects is <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider’</a>s new production on Fano’s seafront that is now close to completion. Given his architectural sensibilities, Massari was at pains to make sure the ultra-modern design didn’t clash with what remains of the town’s Roman heritage.<img src="https://photo-assets.superyachttimes.com/photo/251138/image/large-1ed4082c3a6411930d9c7c9df4de717a.jpg" data-gid="gid://syiq/Photo/251138">“It’s not easy to design something that is beautiful but also practical from an industrial perspective,” he says. “Our studio is just a few hundred metres from the site of the new shipyard, so like other inhabitants of the town it was very important for me that the building should look good and not be an eyesore.”This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-44" target="_blank">Issue 44 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

At the studio with Massari Design

Justin Ratcliffe sits down with designer Alessandro Massari of Massari Design.

Listen, study, propose: At the studio with Massari Design

Naval architect <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh Yacht Design</a> is celebrating its 40th anniversary this year – and what a 40 years it has had. The studio, working out of sunny San Diego, is responsible for the naval architecture and engineering of more than 30 yachts larger than 24-metres in length, many of which have been front runners at numerous regattas. <img src="https://photo-assets.superyachttimes.com/photo/229446/image/large-8c50b92f35f56c355e6163833c2522f2.jpg" data-gid="gid://syiq/Photo/229446">The list of <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a>-engineered regatta winners is extensive and includes the 100 foot <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycentos</a> <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet³</a> and <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a>, Sydney-Hobart Race champions <a data-gid="gid://syiq/Yacht/8146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wild Oats XI30.48m (100'0&quot;)McConaghy Boats2005">Wild Oats XI</a>, Alfa Romeo, Alive and Black Jack. <img src="https://photo-assets.superyachttimes.com/photo/46596/image/large-1cb76927c1a0c6389b1caa6aeeea1297.jpg" data-gid="gid://syiq/Photo/46596"><img src="https://photo-assets.superyachttimes.com/photo/220440/image/large-0ba37b7249d9bcf1aad6899073675e2a.jpg" data-gid="gid://syiq/Photo/220440"> <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a> has also worked on some of the world’s most outstanding sailing superyachts, such as the multi-award winning 66.7-metre <a data-gid="gid://syiq/Yacht/592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hetairos66.7m (218'10&quot;)Baltic Yachts2011">Hetarios</a> and 39.6-metre <a data-gid="gid://syiq/Yacht/5653" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Song39.6m (129'11&quot;)Baltic Yachts2016">My Song&nbsp;</a>by <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic Yachts</a> and the 30.5-metre <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a> by <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>.<img src="https://photo-assets.superyachttimes.com/photo/264015/image/large-d3e55bbb7e44148ee136bbe3dd06e4c9.jpg" data-gid="gid://syiq/Photo/264015">Its celebratory year has been rather spectacular and coincides with the launch of its first project with <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a>, the 46.8-metre <a data-gid="gid://syiq/Yacht/10110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nilaya46.8m (153'7&quot;)Royal Huisman2023">Nilaya</a>. <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a> was contracted by a long-standing client to accomplish the naval architecture and complete the hull lines, sail plan and appendages for <a data-gid="gid://syiq/Yacht/10110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nilaya46.8m (153'7&quot;)Royal Huisman2023">Nilaya</a>. It enlisted support from one of the world’s best Computational Fluid Dynamics (CFD) and VPP consultants, Caponnetto Hueber and Giorgio Prfovinciali, who have over two decades of America’s Cup experience.<img src="https://photo-assets.superyachttimes.com/photo/256805/image/large-e3ee3da2c58b3b18d85cc5063b586525.jpg" data-gid="gid://syiq/Photo/256805">Read:&nbsp;<a data-gid="gid://syiq/Article/56900" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In pictures: 47m Royal Huisman sailing yacht Nilaya launched (2023-02-07 10:00:00 +0100)">In pictures: 47m Royal Huisman sailing yacht Nilaya launched</a>Describing the project, <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a> said, “The owners wanted a powerful performer with easy-to-helm responsiveness; basically, all the good habits of the last boat, but with more comfort and less noise.” <a data-gid="gid://syiq/Yacht/10110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nilaya46.8m (153'7&quot;)Royal Huisman2023">Nilaya</a>, after all, means “blissful home” in Sanskrit.”<img src="https://photo-assets.superyachttimes.com/photo/225905/image/large-e1b0b78eb52a472841efa297693b8cd7.png" data-gid="gid://syiq/Photo/225905">Read:&nbsp;<a data-gid="gid://syiq/Article/57298" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="47m Royal Huisman sailing yacht Nilaya christened in Amsterdam (2023-04-03 16:00:00 +0200)">47m Royal Huisman sailing yacht Nilaya christened in Amsterdam</a>Later this year, we’ll also see two more <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a> projects hit the water: the 42.3-metre Project PN43 by <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben Shipyard</a> and a 42.2-metre sloop at&nbsp;<a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a>. The 44.3-metre Vitters 3093 will be added to the fleet next year.&nbsp;

Naval architect Reichel/Pugh celebrates 40th anniversary

Naval architect Reichel/Pugh is celebrating its 40th anniversary this year – and what a 40 years it has had. 

A guide to the yachts attending Palma International Boat Show 2023

SYT takes a look at the largest yachts attending this year's Palma International Boat Show.

The superyachts attending the Palma International Boat Show 2023

In Pictures: Palm Beach International Boat Show 2023

In Pictures: Palm Beach International Boat Show 2023.

<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has sold the first hull from the new wallywind110 sailing yacht series, to a “passionate and loyal” client of the shipyard.<img src="https://photo-assets.superyachttimes.com/photo/235344/image/large-04ea90e30b07839014f233563b6e3e91.jpg" data-gid="gid://syiq/Photo/235344">The 33.42-metre was already under construction when the client signed, and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> expects to finish and deliver her next year. The Italian shipyard worked closely with Milanese <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a> for both the exterior and interior styling. <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel / Vrolijk &amp; co</a> oversaw her naval architecture.<img src="https://photo-assets.superyachttimes.com/photo/235346/image/large-87dfd9fb3a322086dc1e067eeaf15eb4.jpg" data-gid="gid://syiq/Photo/235346">“Wally owners are like family to us and it makes me extremely proud knowing that they continue to choose us to build their dreams on the water,” Luca Bassani, founder and Chief Designer of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, commented. “From the very beginning we have been able to listen to their wishes and transform them into unique characteristics of their yachts, always managing to even exceed their expectations thanks to Wally's experience and know-how.”<img src="https://photo-assets.superyachttimes.com/photo/235354/image/large-1fe8e5f68fce851356685a74ad2300d7.jpg" data-gid="gid://syiq/Photo/235354">The wallywind110 is a true hybrid that merges the volume and comfort of a deckhouse yacht, with the spirit and performance of a flush-deck racing boat. She has a flexible layout and offers accommodation for as many as eight guests and five crew.<img src="https://photo-assets.superyachttimes.com/photo/235363/image/large-d2ed8b570f8e293d5019efca8d9e2512.jpg" data-gid="gid://syiq/Photo/235363"><img src="https://photo-assets.superyachttimes.com/photo/235362/image/large-ac7d26527400aab606dac455bc9ca10e.jpg" data-gid="gid://syiq/Photo/235362"><img src="https://photo-assets.superyachttimes.com/photo/235364/image/large-a546364fb21be66cf666ad81feac010d.jpg" data-gid="gid://syiq/Photo/235364">&nbsp;Constructed with a GRP hull and superstructure, the wallywind110 is lightweight and a born performer. She has a large 80 square-metre full-beam cockpit on a single level and seating and dining for up to 15 guests.<img src="https://photo-assets.superyachttimes.com/photo/235356/image/large-deac98be63104191f7586be01c72ca68.jpg" data-gid="gid://syiq/Photo/235356"><img src="https://photo-assets.superyachttimes.com/photo/235351/image/large-217fc3c3cacc40ed4b58ffda81697edd.jpg" data-gid="gid://syiq/Photo/235351">&nbsp;Her general arrangement is open-plan and a full-length skylight of the low-profile coachroof, ensures her interior spaces are well-lit and welcoming.<img src="https://photo-assets.superyachttimes.com/photo/235349/image/large-55f12b1d73e07fc39595d2b3d4618d90.jpg" data-gid="gid://syiq/Photo/235349">&nbsp;“<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally’</a>s sailing heritage is legendary, and under <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, the brand is redoubling its efforts on the sail side,” Stefano de Vivo, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Managing Director, commented. With the sale of this new carbon fibre sailing superyacht, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> continues its remarkable contribution to the advancement of sailing design and technology.<img src="https://photo-assets.superyachttimes.com/photo/235347/image/large-742943cf5d429e3cc2a3ae64ed42bdfc.jpg" data-gid="gid://syiq/Photo/235347">“When a client comes to <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, they know they can expect the very highest standards and we are extremely proud of the confidence this experienced and selective owner is giving us once again. The wallywind110 is the head-turning exception in a crowded field of sailing yachts and I am sure it will impress the audience when it will be sailing in the Mediterranean Sea in summer 2024.”<img src="https://photo-assets.superyachttimes.com/photo/235350/image/large-2391ac3ea70f2c7236eb1e527a3f5606.jpg" data-gid="gid://syiq/Photo/235350">

33m Wallywind110 yacht sold with 2024 delivery

The first unit from the 33m wallywind110 sailing yacht series sold with 2024 delivery.

First 33m Wallywind110 sold with 2024 delivery

<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> is an Italian shipyard with a dynasty that spans the best part of a century. Despite being founded in 1945 in Limite sull’Arno to build and repair smaller yachts, by 1956 the yard was moved to Darsena Pisana as it had started signing projects too large for its facility.&nbsp;The shipyard has had an illustrious history, delivering more than 700 yachts &nbsp;– the largest of which being the 43.6-metre <a data-gid="gid://syiq/Yacht/1655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cap de Quers43.6m (143'1&quot;)Cantieri di Pisa2006">Cap de Quers</a>. The 27.43-metre <a data-gid="gid://syiq/Yacht/7829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nasima 27.43m (89'12&quot;)Cantieri di Pisa2012">Nasima</a> was the yard’s last build, and following her delivery in 2012 the yard closed and was finally sold.&nbsp;The shipyard was bought 18 months ago and is back in business, with a fleet of new projects under its new leadership. SuperYacht Times sat down with CEO Marco Massabò to hear all about it.<img src="https://photo-assets.superyachttimes.com/photo/260833/image/large-8899422b8b6ae0ea4429c0654f8f493f.jpg" data-gid="gid://syiq/Photo/260833">What is your background prior to&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>?&nbsp;Yachts have been part of my life for as long as I can remember. My father was a wood master and started working at a shipyard in Imperia, Italy, 70 years ago. I love boats and have professionally sailed for many years, competing from the Optimist to the Maxi yacht regattas – I’ve had a long collaboration with <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>.&nbsp;In 1992 I met Luca Bassani, founder of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and worked alongside him for 20 years. The brand was missing a refit yard in Italy, so I bought and founded one (WS Shipyard) in Savona. It's been very successful. I then moved into consultancy around 2010, working with clients both in yachting and shipping.&nbsp;I was working with some major players – it was a nice life. But around a year and a half ago, Enrico Gennasio (president and owner of the Alfagomma group) told me he was going to buy <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, asking if I wanted to work with him.&nbsp;A great opportunity. I immediately got to work, spending time with naval architects and exterior designers, dreaming up the best yachts we can bring to market. The shipyard had great energy, and a number of great international designers came to visit us. <img src="https://photo-assets.superyachttimes.com/photo/259110/image/large-dc2f2a0d48808d14b563a945716e4215.jpg" data-gid="gid://syiq/Photo/259110"><a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;is back building yachts. Do these new models reflect a new vision?<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> is an iconic brand. We’re not here to change the rules, we want to rewrite them. The yachts that we’ve started to build are different from what <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> traditionally did. But we also want to be different from our competitors.&nbsp;Rather than starting from aesthetics, our primary interest is weight. We want to save as much weight as possible, to build and deliver some of the lightest yachts on the market. <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> yachts are fast, agile, and incredibly sleek and all have shallow drafts. <img src="https://photo-assets.superyachttimes.com/photo/258737/image/large-8913f6c24d1edd5383a600b3c775dbbb.jpg" data-gid="gid://syiq/Photo/258737">The 25m 80 Veloce – the first&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;yacht since 2012 – is scheduled for delivery this year. Can you say a few words about her?&nbsp;The 80 Veloce is our first yacht. We wanted to build something that embodies our new philosophy – and she’s crazy fast! She’ll be equipped with three 2,000 horsepower V12 <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that deliver a top speed in excess of 60 knots. The series has been well received and we already have clients signed for the second and third hull.&nbsp;She’s not for everyone though – which is why we’re about to present a Gran Turismo edition to the market. The 80 GT is based on the same lightweight hull yet with a more family-focused design. She’ll also be equipped with two engines, not three. <img src="https://photo-assets.superyachttimes.com/photo/258738/image/large-72d27a22a4c507d152fcab6398958f5e.jpg" data-gid="gid://syiq/Photo/258738"><a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;also presented the new Akhir series. Has this model line been well received and are you considering building on speculation?&nbsp;The Akhir series is a new design for <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> which is offered in three sizes: a 31-metre, a 37-metre and a 42-metre flagship. Much like the 80 Veloce the idea is to keep the weight down as much as possible. The series has a contemporary design and we’re in talks about whether to build the first unit on speculation – it might happen, but I can’t confirm either way at this moment in time. <img src="https://photo-assets.superyachttimes.com/photo/259105/image/large-50b2769c2995a007591094d39d092014.jpg" data-gid="gid://syiq/Photo/259105">Why is weight such an important topic for&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>?Any sailor will tell you the importance of weight – they just will. I’ve personally sailed around the world on some of the world’s most important and fastest boats, and every time their core attribute was weight. However, shipyards and designers rarely consider weight early on when they’re planning a new project. <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> does things differently, it’s my absolute credo. <img src="https://photo-assets.superyachttimes.com/photo/259106/image/large-848f31e2855eb67f5df5c8156f48eba3.jpg" data-gid="gid://syiq/Photo/259106">Choosing to build light implies a commitment to delivering yachts with shallow drafts. How else are you trying to maximise this across all your series?&nbsp;We’ll equip both the 80 Veloce and Gran Turismo series with waterjets. Waterjets are the safest way to arrive at high speeds and they can go in really shallow waters. And to overcome issues of sucking up sand (a particular issue in Miami), we’ve added a special sea chest. It's a simple, not crazy innovation.&nbsp;Coming from <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, I of course have taken inspiration from their model lines and I especially like what they’ve done with the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 118 Power – the James Bond yacht. But I’ve also listened closely to my friend and naval architect, <a data-gid="gid://syiq/Company/1206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Marco Arnaboldi (Company)">Marco Arnaboldi</a>, who designed many fast boats, including the CDP80 veloce. He’s one of the best in the world when it comes to waterjet technology. We decided to follow him on our design – there isn’t anyone better! <img src="https://photo-assets.superyachttimes.com/photo/259100/image/large-e738a900d681e7e9b00f4677cfafd4fd.jpg" data-gid="gid://syiq/Photo/259100">An automotive designer and America’s Cup engineer collaborating on your designs. How did this come about?It’s simple. We want speed and performance, so why not bring in the best? A typical motor yacht goes around 18 to 20 knots, yet a high-performance America’s Cup sailing yacht reaches speeds of up to 40 knots – it’s a big difference, even if you factor out the foils. At <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> we want to use this knowledge to study the possibilities of reducing as much drag as possible with our yachts. <img src="https://photo-assets.superyachttimes.com/photo/260834/image/large-1241be498043c5a2ee330d299e207c7c.jpg" data-gid="gid://syiq/Photo/260834">For the past 18 months,&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;has focused exclusively on refits. Why?&nbsp;We weren’t ready for new builds until now, we needed to establish ourselves. When we took over <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, it hadn’t been operating for 10 years. We invested around €1.5 million to renovate the facilities and in the past 18 months, we have worked on 27 yachts, which brings a good level of return for the business: building capital and our reputation.&nbsp;Working as a refit yard has also put us in direct communication with many captains, which is great for our Research &amp; Development. For the past 18 months, we’ve been learning the trouble points and how to build a perfect yacht, designed for the captain.&nbsp;We’ve continued to invest and we’ll soon announce a new facility.&nbsp;

CEO Marco Massabò on the return of Cantieri di Pisa

Cantieri di Pisa is back – and it's back with a number of new projects. SYT sat down with CEO Marco Massabò to hear all about it. 

Bigger, better, faster: The return of Cantieri di Pisa with CEO Marco Massabò

The 30.5-metre <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> sailing yacht <a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> sold in an in-house deal at <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>.<img src="https://photo-assets.superyachttimes.com/photo/239997/image/large-33fe66ae23684931e380bd70e2bf8249.jpg" data-gid="gid://syiq/Photo/239997"><a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> was delivered in 2009 from Italy and features the unmistakable exterior lines and naval architecture from <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. The high-performance sloop is characterised by sleek exterior lines with a generous sail plan and America’s Cup-derived appendices.<img src="https://photo-assets.superyachttimes.com/photo/240003/image/large-ed32d2817d613548ff7795a4a794ef94.jpg" data-gid="gid://syiq/Photo/240003"><a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> underwent a refit in 2022 and is a proven regatta racer, claiming four wins in total including the Nespresso Cup and <a data-gid="gid://syiq/Company/1373" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Loro Piana Superyacht Regatta (Company)">Loro Piana Superyacht Regatta</a> in 2011. She offers 77 GT of interior volume designed by her builder Wally and has been meticulously maintained over the years.<img src="https://photo-assets.superyachttimes.com/photo/240005/image/large-14633e0421bc8d298a8c2525e53aa6f6.jpg" data-gid="gid://syiq/Photo/240005"><a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> has accommodation for up to 10 guests across a master suite, a double, two twins and two additional Pullmans. She can also carry a crew of four.<img src="https://photo-assets.superyachttimes.com/photo/240006/image/large-7f926956c7929c4493764ad9f36803c2.jpg" data-gid="gid://syiq/Photo/240006">In terms of propulsion, <a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> is equipped with a single <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engine, which gives a cruising speed of 10 knots and a top speed of 12 knots. At the time of her sale, she had a last known asking price of €7,500,000.<img src="https://photo-assets.superyachttimes.com/photo/33720/image/large-155b36f7cb15a6d211434efbf6eec503.jpg" data-gid="gid://syiq/Photo/33720">

Wally’s 31m sailing yacht Indio Beta sold

Wally’s 31m sailing yacht Indio Beta sold in an in-house deal at Edmiston. She had a last known asking price of €7,500,000.

31m Wally sailing yacht Indio Beta sold

A 27.05-metre <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> motor yacht <a data-gid="gid://syiq/Yacht/12572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY200/0527.05m (88'9&quot;)Wally2023">Why200</a> sold with Will Christie and Felix Sowerbutts of <a data-gid="gid://syiq/Company/6451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christie Yachts (Company)">Christie Yachts</a> and Steve White of <a data-gid="gid://syiq/Company/2337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Yacht Register (Company)">International Yacht Register</a> representing the buyer. Currently in build, this is the fifth hull of the award-winning <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> WHY200 series.<img src="https://photo-assets.superyachttimes.com/photo/184161/image/large-35b165e6d1287d427fd7e9d78c3495b2.jpg" data-gid="gid://syiq/Photo/184161">Her Italian builder penned her exterior design and gathered a strong team to bring her to life, with <a data-gid="gid://syiq/Company/357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laurent Giles Superyacht Architects (Company)">Laurent Giles Superyacht Architects</a> responsible for her naval architecture, and <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andrea Vallicelli (Company)">Andrea Vallicelli</a> in charge of her interior design. <img src="https://photo-assets.superyachttimes.com/photo/199418/image/large-e2f3738b84eded949ff79500d170887c.jpg" data-gid="gid://syiq/Photo/199418">The sense of space, volume and natural light is impressive considering her length. <a data-gid="gid://syiq/Yacht/12572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY200/0527.05m (88'9&quot;)Wally2023">Why200</a> provides accommodation for eight guests across four staterooms. She can also accommodate four crew.<img src="https://photo-assets.superyachttimes.com/photo/184159/image/large-b896f988dc2e08a51bb239a803a4bcb1.jpg" data-gid="gid://syiq/Photo/184159">The <a data-gid="gid://syiq/Yacht/12572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally WHY200/0527.05m (88'9&quot;)Wally2023">Why200</a> holds a futuristic exterior aesthetic with her high bow and geometric superstructure. One of the most standout features of the yacht is the wrap-around windows in her bow that illuminate the master suite. <img src="https://photo-assets.superyachttimes.com/photo/184156/image/large-e583525525c65426602b9bab9a094fc4.jpg" data-gid="gid://syiq/Photo/184156">In terms of performance, the 199 GT yacht is powered by four <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, allowing her to reach a top speed of 20 knots and a cruising speed of 17 knots.&nbsp;

Fifth 27m Wally motor yacht Why200 sold

Hull 5 of the  27m Wally motor yacht Why200 series sold and is currently in build.

Fifth 27m Wally Why200 yacht sold

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> predicts another strong year of growth following the world preview of the 18.24-metre <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> 580 yacht at <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="boot Düsseldorf - 2023">boot Düsseldorf</a>. The Italian-based group announced new models as well as business strategies and project decisions at the German maritime trade fair on Saturday.<img src="https://photo-assets.superyachttimes.com/photo/254975/image/large-f07324f8135a83474095ec6d6b61910c.jpg" data-gid="gid://syiq/Photo/254975">The Group reported that 2022 was decisive in terms of new models and extending the range, with 54 models from <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line</a>, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>. These new yachts are all part of a robust investment plan of €68 million in the first nine months of 2022.In recent years, the Group has used investments to boost production capacity and now boasts around 290,000 square-metres at its various sites, up by 14.5 percent from 2021. This strong trend is also reflected in the financial results for Q3 2022, with revenues at €781.1 million and an order backlog close to €1.4 billion. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951">“This is just the beginning," commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, Alberto Galassi. “We’ve been determined in recent years to focus on the long term and fuel <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s growth with all the right ingredients: investments in innovation and sustainability, sustained recruitment of high-flying young talents, and initiatives to build on our brands, which are unique in their appeal, history and prestige.”During the conference the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group</a> also discussed newmodels and projects from the Group’s brands, ranging from <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and its new wallypower58X project, to progress reports on &nbsp;the wallywhy150, which will make its world debut at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show 2023</a>. Construction is also proceeding on the wally10 that will be launched in the spring.<img src="https://photo-assets.superyachttimes.com/photo/170889/image/large-ad62b45ff4fcaff3c8777b9dcaceec0b.jpg" data-gid="gid://syiq/Photo/170889">The main developments at <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> include the new GTX 116 and the GTX80 project, which is to accompany the flagship from 2024. The official name of the latest <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 82 yacht was unveiled as Diva, and <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line</a> presented its Navetta 38, the first navetta to have a deck level with the water.“This, in addition to the extremely positive signals we keep getting from the market, is why I’m expecting an exciting 2023, in terms of both orders and all the beauty and wonder that our boats will be bringing to the international yachting scene,” concluded Alberto Galassi.

Ferretti Group predicts strong growth for 2023

The Ferretti Group predicts another strong year of growth with an order backlog of €1.4 billion.

Ferretti Group predicts strong growth for 2023 with order backlog of €1.4b

Monaco-based builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has unveiled the first details of its new wallywhy100 yacht. The new model will join the wallywhy range alongside the larger wallywhy150 and wallywhy200.<img src="https://photo-assets.superyachttimes.com/photo/252036/image/large-53fb6f24820fa77b17c19ace4f4bf5dd.jpg" data-gid="gid://syiq/Photo/252036">The wallywhy100 yacht establishes a strong connection between her interior and exterior spaces, with exterior design and naval architecture by the combined experience of the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> Group Engineering teams. She is able to combine all the qualities of a 60-70 foot coupé boat with the benefits of the wallywhy volume.“The wallywhy100 was born from a gap in the market. Whilst beautiful and sleek, traditional coupés do not offer the comfort and livability that today’s owners expect from their boats. In the same way, larger and more voluminous boats generally don’t offer speed or usage flexibility,” commented Wally’s Managing Director, Stefano de Vivo.<img src="https://photo-assets.superyachttimes.com/photo/252034/image/large-b4526e7d558d9e96a05a007c539115c0.jpg" data-gid="gid://syiq/Photo/252034">The wallywhy100 features interior design from <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andrea Vallicelli (Company)">Studio A. Vallicelli &amp; C</a> and is characterised by a one-level, stern-to-bow layout. This results in a hybrid area on the main deck level which can either be enjoyed closed, or fully open to enable relaxed al-fresco dining.“The yacht’s appearance is 100 percent derived from her function,” commented Luca Bassani, Founder and Chief Designer at <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>. “She stands out from other market offerings, due to her strengthening of the relationship between functionality and performance. The closed cockpit is pushed far forward to provide space for inside/outside living which gives the wallywhy100 an eye-catching, sleek, but still aggressive, look.”<img src="https://photo-assets.superyachttimes.com/photo/252032/image/large-bad542b317c3c727b9e5eb6cce04d295.jpg" data-gid="gid://syiq/Photo/252032">Other standout features onboard include her enormous 14 square-metre beach club, which houses a hydraulic platform for the launch of tenders and toys. She is also equipped with a swim ladder for easy access to the water. The wallywhy 100 folding wings also increase the space by almost 50 percent, and provide guests with 180 degree views. <img src="https://photo-assets.superyachttimes.com/photo/252035/image/large-a2c3c7b00ca6580ea98932f4a2b95d14.jpg" data-gid="gid://syiq/Photo/252035">The wallywhy100 yacht is able to accommodate six guests across three staterooms, consisting a full-beam master suite aft, a VIP port and a starboard twin, all with ensuite bathrooms. The master ensuite is made from electrically regulated glass, meaning it can be either fully transparent to enlarge the room or opaque when in use.<img src="https://photo-assets.superyachttimes.com/photo/252033/image/large-59e67f396812d48bd7ddd8c182ed56df.jpg" data-gid="gid://syiq/Photo/252033">The crew of the wallywhy100 are provided with access both from the main deck and from the lower deck, without having to cross into guest spaces.The forward deck of the wallywhy100 features a dedicated, multi-use lounge that can be transformed into a casual dining area with an elevated table in the middle. The space can also be turned into a sun lounge by lowering the table to seating height.<img src="https://photo-assets.superyachttimes.com/photo/252031/image/large-15d4ec706029bd005032e965c93a81d4.jpg" data-gid="gid://syiq/Photo/252031">In terms of propulsion, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has opted for a reliable and proven twin D13 <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> IPS configuration with cruising speeds of 24 knots and top speeds of more than 27 knots in the upgraded IPS1350 specs.

First details unveiled of new wallywhy100 yacht

Wally has unveiled the first details of its new wallywhy100 yacht.

Wally releases first details of new wallywhy100 yacht

<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>’s 30.48-metre sailing yacht <a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a> is on the market. The <a href="https://www.superyachttimes.com/yachts/wally-love/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht, Wally Love, for sale</a> was delivered in 2007 and has undertaken numerous refit and maintenance appointments ever since. Her most recent was completed just this year, where she received a fresh paint job and new electronic systems installed. <img src="https://photo-assets.superyachttimes.com/photo/79935/image/large-89fdb90de617b2dc6fd6500ee47ed6d0.jpg" data-gid="gid://syiq/Photo/79935">The <a href="https://www.superyachttimes.com/yachts/wally/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a>, originally known as Y3K, features an exterior design and naval architecture by the Argentine-based studio <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a> – a frequent collaborator with the Italian builder, designing 18 of the 38 <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> yachts currently in operation. <a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a> is the sixth largest from this collaboration, and the second largest <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> on the market. <img src="https://photo-assets.superyachttimes.com/photo/79931/image/large-f70487df7aca54f5bf06a88cecf6a6a9.jpg" data-gid="gid://syiq/Photo/79931"><a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a> was built for a life with wind in her sails, originally commissioned for an experienced yachtsman, who wanted to blend the performance of a maxi racer with the characteristics of a blue water cruiser. The sailing yacht for sale features the sleek, trademark <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> exterior lines and is teaming with those key features the builder is known for. <a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a> is equipped with a sea terrace, and outstanding and easy-to-sail performance capabilities, complimented by a light, spacious and well-ventilated interior.<img src="https://photo-assets.superyachttimes.com/photo/84621/image/large-eaaa058f7651cf1533c4a23e2ec1603c.jpeg" data-gid="gid://syiq/Photo/84621"><a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>’s in-house team oversaw her interior design, opting for carbon fibre, cherry wood and light linens throughout, to create a contemporary and luxurious ambiance. She holds a main saloon that’s generous in size and which leads directly to the sea terrace. <a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a>’s dining area can sit eight guests, and the space is well connected to the galley. <img src="https://photo-assets.superyachttimes.com/photo/79933/image/large-77328bb15228f28a54d1f4e27f8b64a4.jpg" data-gid="gid://syiq/Photo/79933"><img src="https://photo-assets.superyachttimes.com/photo/79932/image/large-3a3006b5945a4d47915999119c0f0fa2.jpg" data-gid="gid://syiq/Photo/79932">The versatility of the <a href="https://www.superyachttimes.com/yachts/wally/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">Wally yacht for sale</a> is just as present out on deck, which is clear and uncluttered. She has two social cockpits: a central one with a dining table and space for lounging, and a separate twin helm navigation system. The other is located aft where guests can sunbathe and access the sea. Below her aft terrace, <a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a> can store a tender. <img src="https://photo-assets.superyachttimes.com/photo/79926/image/large-6dbf00691280fd09366ee3f8c3412e21.jpg" data-gid="gid://syiq/Photo/79926"><img src="https://photo-assets.superyachttimes.com/photo/79927/image/large-91bb80cf06860c3c03bf67c1942aa791.jpg" data-gid="gid://syiq/Photo/79927">With 78 GT of interior volume and a three-stateroom configuration, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> can accommodate as many as eight guests. She can also carry four crew. Wally Love is <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>-classified and Malta-flagged. <img src="https://photo-assets.superyachttimes.com/photo/79925/image/large-a6a60b8d75d2161f7eb84c80def8eac2.jpg" data-gid="gid://syiq/Photo/79925">In terms of performance, <a data-gid="gid://syiq/Yacht/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally Love 30.48m (100'0&quot;)Wally2007">Wally Love</a> has been equipped with a single <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engine that delivers a cruising speed of 10.5 knots and a top speed of 12.5 knots.

30m Wally yacht Wally Love for sale

30m Wally sailing yacht Wally Love for sale. She was delivered in 2007 and has undertaken numerous refit and maintenance appointments. 

30m Wally sailing yacht Wally Love for sale

It was a slow start to day two of Maxi Week at <a data-gid="gid://syiq/Event/154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Les Voiles de Saint-Tropez - 2022">Les Voiles de Saint-Tropez</a>, as the race committee patiently waited again for stronger winds. After almost an hour and a half wait, the 46 maxi yachts were underway thanks to a light easterly wind.<img src="https://photo-assets.superyachttimes.com/photo/244035/image/large-1af176ff945320974cf92674b8792139.jpeg" data-gid="gid://syiq/Photo/244035">The leader going into day two was Alessandro Del Bono’s Capricorno who further assured her position by winning the Maxi 3 class ahead of Terry Hui’s <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 77 Lyra, who won a number of accolades in the 2021 race. “We sailed a good one, we are quite happy with our sailing today,” said Capricorno’s tactician Flavio Favini. “This boat is good in the light, but you have to deal with your handicap,” he added.Read: <a data-gid="gid://syiq/Article/56093" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Light winds, speedy starts and a clear win: All the action from day 1 of Maxi Week at Les Voiles de Saint-Tropez (2022-10-05 10:45:00 +0200)">Light winds, speedy starts and a clear win: All the action from day 1 of Maxi Week at Les Voiles de Saint-Tropez<img src="https://photo-assets.superyachttimes.com/photo/244033/image/large-bc8d73823bf3ead01a73b664d2600764.jpeg" data-gid="gid://syiq/Photo/244033"></a>The Maxi 2 class has been a battle for the top spot between the 100-foot competitors, including the trio of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycentos</a>, as well as <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard 3</a>, <a data-gid="gid://syiq/Yacht/1522" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y3K30.5m (100'1&quot;)Wally2009">Y3K</a> and <a data-gid="gid://syiq/Yacht/6769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rambler 8827.0m (88'7&quot;)New England Boatworks2014">Rambler 88</a>. Not to be outshone, the Maxi 72s, Cannonball, Jethou and North Star have also held their own with Dario Ferrari’s Cannonball giving the fleet a light wind racing masterclass.North Star beat second-placed Cannonball by 2 minutes 52 seconds under IRC corrected time with Sir Peter Ogden's Jethou third, so for a second day the ex-Maxi 72s filled the Maxi 2 podium. <img src="https://photo-assets.superyachttimes.com/photo/244030/image/large-bc1cec8d4497c669ef8f869488bfb396.jpeg" data-gid="gid://syiq/Photo/244030">The 100s saw David M. Leuschen’s <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycento</a> <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> prevail over <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> and <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango30.48m (100'0&quot;)Persico Marine2017">Tango</a>. “We made a bit of a meal to start,” admitted <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> tactician Kelvin Harrap who was also celebrating his birthday. “We got pressure and a lift on the first beat, which got us across <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>.”<img src="https://photo-assets.superyachttimes.com/photo/244034/image/large-ac42e048e9be7d036362af9d488a53bb.jpeg" data-gid="gid://syiq/Photo/244034">The Maxi 1 class saw Jean-Luc Petithuguenin’s <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 107 <a data-gid="gid://syiq/Yacht/4120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Malouen X31.3m (102'8&quot;)Green Marine2012">Spirit of Malouen X</a> come up on top with an impressive 17 minute win under IRC time from the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 115 Jasi. “Yesterday was a bad day for us, mostly because I made really big mistakes and wrong calls. Anyway, today we were able to sail properly and make the right calls, and we overcame yesterday’s mistakes,” said <a data-gid="gid://syiq/Yacht/4120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Malouen X31.3m (102'8&quot;)Green Marine2012">Spirit of Malouen X</a> tactician Laurent Pagès.<img src="https://photo-assets.superyachttimes.com/photo/244032/image/large-f5c9a2d37e2925aa62ac239733100989.jpeg" data-gid="gid://syiq/Photo/244032">Today (Thursday 6 October), is a layover day at <a data-gid="gid://syiq/Event/154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Les Voiles de Saint-Tropez - 2022">Les Voiles de Saint-Tropez</a> with racing set to resume on Friday and Saturday. The forecast for both days is light but more promising than previous days.

Day 2 of Maxi Week at Les Voiles de Saint-Tropez

Day 2 of Maxi Week at Les Voiles de Saint-Tropez was underway yesterday for the 46 competing maxi yachts.

All the action from Day 2 of Maxi Week at Les Voiles de Saint-Tropez

The first day of Maxi Week at <a data-gid="gid://syiq/Event/154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Les Voiles de Saint-Tropez - 2022">Les Voiles de Saint-Tropez</a> was off to a slow start as the race committee from the Société Nautique de Saint-Tropez, aided by the International Maxi Association’s race officer Ariane Mainemare, fought to get the race started and finished with wind speed of just 5-7 knots from the east.<img src="https://photo-assets.superyachttimes.com/photo/243739/image/large-6f04fe1f9236bda03a369962a8259b73.jpeg" data-gid="gid://syiq/Photo/243739">The four classes began in size order from the centre of the Golfe de Saint-Tropez amongst a sea of spectator crafts, with many more watching from onshore. The Maxi 1 class went first, however it was Dario Ferrari’s 75 foot Cannonball, racing in Maxi 2, that made the best of the shifts and, after a long leg out to left, tacked back on to port, crossing all of Maxi 1.“You needed to go left and then at a certain point the forecast had a big shift when you needed to go right. Our plan worked, the wind built after 1400 and we saw 7 knots - Cannonball is a good boat in those conditions.” said Cannonball’s Vasco Vascotto.<img src="https://photo-assets.superyachttimes.com/photo/243740/image/large-74b17e4af244d241e87b577dfa56189e.jpeg" data-gid="gid://syiq/Photo/243740">The course was shortened at the end of the return leg back into the Golfe de Saint-Tropez which gave Sir Lindsay Owen-Jones’ <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycento</a> <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> the lead, overtaking Cannonball and winning on the water by 18 seconds.<img src="https://photo-assets.superyachttimes.com/photo/243738/image/large-f5a968054de40bbff61b2d3a4442d93d.jpeg" data-gid="gid://syiq/Photo/243738">The trio of Maxi 72 racers excelled in the ultra-light conditions compared to their heavier and longer opponents. However, under IRC corrected time Cannonball, won by 12 minutes, and was followed by Peter Dubens’ North Star and Sir Peter Ogden’s Jethou, ahead of <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> and the other 100 foot <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallys</a>, Claus-Peter Offen's <a data-gid="gid://syiq/Yacht/1522" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y3K30.5m (100'1&quot;)Wally2009">Y3K</a> and David M Leuschen's <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a>.<img src="https://photo-assets.superyachttimes.com/photo/243742/image/large-c58c88a588965f2fa2774eebf0b36ac4.jpeg" data-gid="gid://syiq/Photo/243742">“They made the best of what could have been a horrible day. I was afraid they were going to give up and stop at the first mark but they were brave and hung on and got lucky with the wind. Today it was shifty, so we took the middle and just kept the boat going well, ” said Sir Lindsay Owen-Jones of <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/243741/image/large-413041f5393a8ec34a06aa71ff1cdce6.jpeg" data-gid="gid://syiq/Photo/243741">While half of Maxi 2 had overtaken them by the finish, first across the line in Maxi 1 was Francesco de Santis' <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> 100 <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a>, only to be beaten under IRC corrected time by the McKeon-<a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> 108 <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>.<img src="https://photo-assets.superyachttimes.com/photo/243743/image/large-5f545ef66e0094d8a5d3288e738e8f81.jpeg" data-gid="gid://syiq/Photo/243743">“Cannonball is much faster than we are in light conditions, perhaps in general. But we sailed a pretty good race and we managed to beat other boats in our class which were faster than us. We were ahead until it got very light,” said Brazilian Olympic legend and round the world sailor Torben Grael of <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a>.Racing is scheduled to start again today at 12:00pm, with the wind from the east expected to be marginally stronger than yesterday.

Day 1 of Maxi Week at Les Voiles de Saint-Tropez

The first day of Maxi Week at Les Voiles de Saint-Tropez was off to a slow start with easterly wind speeds of just 5-7 knots.

Light winds, speedy starts and a clear win: All the action from day 1 of Maxi Week at Les Voiles de Saint-Tropez

Today marks the start of the Maxi Week at <a data-gid="gid://syiq/Event/154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Les Voiles de Saint-Tropez - 2022">Les Voiles de Saint-Tropez</a> in France. For a third year the event will continue its two week format that sees week one focused on the classics and giant schooners, and week two reserved exclusively for the maxi yachts. The record-size fleet of 46 yachts will race from 4-8 October with a layover day on Thursday.<img src="https://photo-assets.superyachttimes.com/photo/243630/image/large-819dafc426218ecccd9b14d80be60894.jpeg" data-gid="gid://syiq/Photo/243630">The event is organised by the Société Nautique de Saint-Tropez in conjunction with the International Maxi Association (IMA) who will divide the fleet into four maxi classes. This week’s racing will allow the IMA members to score their final points in the Association’s 2022 Mediterranean Maxi Inshore Challenge (MMIC), the six event annual series that began in May with Palmavela.The current leaderboard sees Alessandro Del Bono’s Reichel/Pugh 78 ILC maxi <a data-gid="gid://syiq/Yacht/4273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Capricorno24.0m (78'9&quot;)McConaghy Boats1995">Capricorno</a> leading the MMIC by a single point from Wallyño, which sadly had to withdraw from racing at this event. This means <a data-gid="gid://syiq/Yacht/4273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Capricorno24.0m (78'9&quot;)McConaghy Boats1995">Capricorno’s</a> main competition will come from the 30.48-metre <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycentos</a>, <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> and <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>.<img src="https://photo-assets.superyachttimes.com/photo/243627/image/large-2a8d9aa37d9f0e4f308fcb6ff6cc6534.jpeg" data-gid="gid://syiq/Photo/243627">This event will be a special one for long term maxi owner George David of <a data-gid="gid://syiq/Yacht/6769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rambler 8827.0m (88'7&quot;)New England Boatworks2014">Rambler 88</a> who looks set to hang up his sea boots. He is the winner of countless races, both on honours and corrected time and has set the record for numerous passages. His 27-metre speedster has been donated to the US Merchant Marine Academy but will be campaigned by a new owner next season.Other entries include; the Truly Classic 108 Nanuum, Jean-Luc Petithuguenin's <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 107 <a data-gid="gid://syiq/Yacht/4120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Malouen X31.3m (102'8&quot;)Green Marine2012">Spirit of Malouen X</a>, the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 115 <a data-gid="gid://syiq/Yacht/5631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odin35.11m (115'2&quot;)Nautor Swan2018">Jasi</a> (ex-Odin), Francesco de Santis's <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> 100 <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a>, the McKeon/<a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> 108 <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a> and Bernard Sabrier's Dubois 112 <a data-gid="gid://syiq/Yacht/842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvertip33.8m (110'11&quot;)Yachting Developments2002">Silvertip</a>.<img src="https://photo-assets.superyachttimes.com/photo/243629/image/large-34cc71cce872b94810a77ce2442639b6.jpeg" data-gid="gid://syiq/Photo/243629">Tom Dodson of <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>, and the long term tactician of <a data-gid="gid://syiq/Yacht/842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvertip33.8m (110'11&quot;)Yachting Developments2002">Silvertip</a> commented, “We are lucky with the owner of this boat because he just likes having other sailors around him. We have friends and family and guests onboard, a nice blend of people of every nationality you could think of, but we like to think we push the boat as hard as it will go.”This year’s race will certainly be one of the most competitive and will include a strong line up of 100 footers (30+metres) and three former Maxi 72s (21+metres). Among the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycentos</a> is Charif Souki’s <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango30.48m (100'0&quot;)Persico Marine2017">Tango</a> who will be competing against David M. Leuschen’s <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a>, and the defending champion Sir Lindsay Owen-Jones’ <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>.<img src="https://photo-assets.superyachttimes.com/photo/243628/image/large-6b134a4ac14ed2694bdcb842a202e11b.jpeg" data-gid="gid://syiq/Photo/243628">“We have made a few small changes, but it is the same people in the back of the boat,” explains <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia’s</a> tactician Kelvin Harrap. “It will be a light week which will favour <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>, as she is a bit narrower and less draggy in the light air. We also have <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango30.48m (100'0&quot;)Persico Marine2017">Tango</a> here and the former Maxi 72s so we’ll have our work cut out!”The forecast for the day is predicted to be sailable, with light winds expected throughout the event, till Friday.

Maxi Week at Les Voiles de Saint-Tropez 2022 begins

The Maxi Week at Les Voiles de Saint-Tropez begins today with a record-size fleet of 46 yachts competing in France.

Record line-up for Maxi Week at Les Voiles de Saint-Tropez 2022

Italian shipbuilder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has unveiled new details of its latest series of sailing yachts through the release of never-seen-before renderings.<img src="https://photo-assets.superyachttimes.com/photo/243315/image/large-ea4c187218e2452ad9f490c90736fc0a.jpeg" data-gid="gid://syiq/Photo/243315">With construction already well underway on the 33.5-metre wallywind110 – slated for launch in May 2024 – <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>’s in-house design team headed up by Luca Bassani has been working closely with <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">judel+vrolijk</a> &amp; co on the naval architecture and Milan-based design studio <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a> on the design for the wallywind130 and wallywind150.<img src="https://photo-assets.superyachttimes.com/photo/243313/image/large-f3422b5be87fb4196f69541fd21d1976.jpeg" data-gid="gid://syiq/Photo/243313">Set to be built from lightweight pre-preg carbon fibre, the wallywind vessels will be equipped with a lifting keel system and twin rudders and offer “blistering performance,” with an interior that aims to blend contemporary aesthetics with the ultimate onboard comfort.<img src="https://photo-assets.superyachttimes.com/photo/243317/image/large-0975c7c4629d6f58bb980297d008d1b2.jpeg" data-gid="gid://syiq/Photo/243317">Although the finish will depend on the taste of each individual owner, the renderings revealed by Wally depict the clean, natural styling for which the brand is known, showcasing teak, fine woods and neutral upholstery to create an atmosphere of space, wellbeing and casual sophistication.<img src="https://photo-assets.superyachttimes.com/photo/243319/image/large-51799b2a2836d111353d45f7654a5fc1.jpeg" data-gid="gid://syiq/Photo/243319">In terms of their exterior design, the vessels also showcase numerous distinctive features, including an open ‘terrace-on-the-sea’ transom, an obstacle-free and totally open foredeck, and a low-profile glass-set coachroof.<img src="https://photo-assets.superyachttimes.com/photo/243301/image/large-2af0a03d5de9ff5b2cbd313cf4819aa3.jpeg" data-gid="gid://syiq/Photo/243301">“Wally is re-affirming its sailing roots with the launch of these designs,” comments <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Managing Director Stefano de Vivo. “Alongside the wallywind110, the wallywind130 and wallywind150 represent the pinnacle of carbon composite construction for blissful cruising and exhilarating racing. We liken the boats to the Grand Turismo cars, which is to say that they are powerful and supremely comfortable. I believe these are the best round-the-world sailing machines ever created.”<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)"><img src="https://photo-assets.superyachttimes.com/photo/243298/image/large-6a3c01c6328460277a96a7f8226be57d.jpeg" data-gid="gid://syiq/Photo/243298">Wally</a> Founder and Chief Designer Luca Bassani explains more: “The wallywind150 is the natural evolution of the Wally144 Kauris IV launched in 2020. It includes some Wally iconic features, such as the cockpit protected by the high bulwarks, the Terrace-on-the-sea and the raised saloon. On the other hand, it also introduces a few more revolutionary features such as the forward guest area which doubles as a tender garage when not in use, a truly private owner’s terrace aft as well as a new interior layout to enhance flexibility for the owner.”<img src="https://photo-assets.superyachttimes.com/photo/243302/image/large-e6e3eee34c35a3bcc6f4e14872bab504.jpeg" data-gid="gid://syiq/Photo/243302">With socialisation key to the experience on board all of the wallywind vessels, the design of the bulwarks on board the wallywind150 is such that the coachroof hides a huge raised salon that flows into the cockpit without any change in level, with the three social zones occupying over a third of the length of the wally150.<img src="https://photo-assets.superyachttimes.com/photo/243297/image/large-5abd53558775b30fde75a2be9551c584.jpeg" data-gid="gid://syiq/Photo/243297">In terms of tender storage, both the 130 and 150 offer ample provision. On the larger superyacht, the tender well also doubles as a forward guest cockpit which can be converted into a comfortable dining area or lounge if desired.<img src="https://photo-assets.superyachttimes.com/photo/243300/image/large-10e8663da280ac9e8eea8fffe7be8075.jpeg" data-gid="gid://syiq/Photo/243300">Guest accommodation is offered for up to eight guests on board the 130 and 150 on board the wallywind150, with the owner having the option of a cabin forward or right aft on the wallywind130. Those opting for the aft option would benefit from facilities such as a private TV lounge and a vast his ‘n’ hers bathroom, thanks to the wider beam available for the space.<img src="https://photo-assets.superyachttimes.com/photo/243299/image/large-4ef62924950765d027ea1434a6cfb685.jpeg" data-gid="gid://syiq/Photo/243299">On the wallywind150 by contrast, the owner’s stateroom can be found aft to provide access to the owner’s private cockpit, which can be left open to provide al-fresco living if desired. The owner’s stateroom offers ample space for walk-in wardrobes, a private office and numerous seating areas. Finally, the forward TV/playroom can easily be converted for kids or a nanny to create a fifth cabin.&nbsp;

Wally reveals details of wallywind sailing yachts

Wally unveils first details of new wallywind130 and 150

<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>’s 30.5-metre sailing yacht <a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> has joined the market for the first time. The <a href="https://www.superyachttimes.com/yachts/indio-beta/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht, Indio Beta, for sale</a> was launched in 2009 and has proven her salt on the regatta circuit, claiming four wins in total including the Nespresso Cup and Loro Piana Superyacht Regatta in 2011. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/33720/image/large-155b36f7cb15a6d211434efbf6eec503.jpg" data-gid="gid://syiq/Photo/33720">With high performance in mind, the <a href="https://www.superyachttimes.com/yachts/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a> has sleek exterior lines, a generous sail plan and America’s Cup-derived appendices. <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a> was the studio behind her exterior design and naval architecture, while it was her builder, Wally, that handled her interior design.<img src="https://photo-assets.superyachttimes.com/photo/239997/image/large-e36b525888bd9363048b83f746d4c84e.jpg" data-gid="gid://syiq/Photo/239997"><a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> ensured that a yacht of this calibre has class and comfort to match; the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> boasts outstanding amenities and living comforts, making a true round-the-world racer. <a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> offers 77 GT of interior volume and accommodation for as many as 10 guests. She features a master suite, a double, two twins and two additional Pullmans. She can also carry four crew. <img src="https://photo-assets.superyachttimes.com/photo/240003/image/large-ed32d2817d613548ff7795a4a794ef94.jpg" data-gid="gid://syiq/Photo/240003"><img src="https://photo-assets.superyachttimes.com/photo/240005/image/large-14633e0421bc8d298a8c2525e53aa6f6.jpg" data-gid="gid://syiq/Photo/240005">The <a href="https://www.superyachttimes.com/yachts/wally/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">Wally yacht for sale</a> has been meticulously maintained over the years, undertaking regular services and upgrades. Her most recent refit was just this year, which included a full deck sanding, a new PTO clutch installed, KVH VSAT Antenna (V3 HTS), an upgrade of the steering system and a full rehaul of the windlass hydraulic motor. Last year, <a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> received a full paint job. <img src="https://photo-assets.superyachttimes.com/photo/240005/image/large-14633e0421bc8d298a8c2525e53aa6f6.jpg" data-gid="gid://syiq/Photo/240005"><img src="https://photo-assets.superyachttimes.com/photo/240006/image/large-7f926956c7929c4493764ad9f36803c2.jpg" data-gid="gid://syiq/Photo/240006"><a data-gid="gid://syiq/Yacht/1067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Indio Beta30.5m (100'1&quot;)Wally2009">Indio Beta</a> is constructed out of GRP and equipped with a single <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engine, which gives a cruising speed of 10 knots and a top speed of 12 knots. <img src="https://photo-assets.superyachttimes.com/photo/240004/image/large-c581857b0b31109899ceaa6a6a90fe1a.jpg" data-gid="gid://syiq/Photo/240004">

31m Wally yacht Indio Beta for sale

Wally’s 31m sailing yacht Indio Beta for sale for the first time. 

Wally’s 31m sailing yacht Indio Beta for sale for the first time

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has reported a strong growth for their half-year results with an impressive order backlog of over €1.2 billion for H1 2022. The Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> SpA also reviewed and approved the Group’s H1 2022 consolidated financial results.<img src="https://photo-assets.superyachttimes.com/photo/170889/image/large-ad62b45ff4fcaff3c8777b9dcaceec0b.jpg" data-gid="gid://syiq/Photo/170889">The Italian-based group reports a strong order book for 2022 with an intake of €641.9 million in H1, up by 30 percent for the same period in the previous year, which the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> puts down to a strong global market demand. They have also won a significant number of orders during this period with a backlog of €1.218 billion in H1 2022, up by 49 percent on H1 of 2021<img src="https://photo-assets.superyachttimes.com/photo/115064/image/large-fa91ae15855e3526c9118f6d7536a1b5.jpg" data-gid="gid://syiq/Photo/115064">The impressive order backlog breakdown comes from composite yachts, made-to-measure yachts and superyachts, as well as other businesses, including FSD and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Sail. The majority of the backlog comes from made-to-measure yachts which reached €400.7 million at June 2022 and made up 33 percent of the portfolio.Overall, the net revenue for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is up by 17 percent on figures from the same period last year. The total stands at €534.9 million in H1 2022 and is thanks to the significant number of orders that were won in 2021. In terms of the overall breakdown, composite yachts accounted for approximately 43.7 percent of this figure with a total revenue of €233.7 million in H1 2022. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951">“The market is at an extraordinary point, although our strong growth owes particularly to our hard work. We are investing in continued innovation and consistently unveiling new models. Every aspect is painstakingly considered, from its design to the technology, while continually looking to reduce our environmental footprint,” said Alberto Galassi, the Group’s Chief Executive Officer.The strong performance results for 2022 have been accredited to three main factors; The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has seen a longer waiting list due to the extensive order book, which means greater pricing power. They have also strategically positioned themselves to create a stronger presence in the made-to-measure market, which is currently the most profitable. As well as this, they have also seen a more efficient absorption of fixed costs.<img src="https://photo-assets.superyachttimes.com/photo/208163/image/large-eaf7526f6effd7e21196914eae7d6d11.jpeg" data-gid="gid://syiq/Photo/208163">The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> also reports an adjusted EBITDA of €69 million in H1 2022, a growth of 30.2 percent in 2021 with a margin of 13.5 percent in H1 2022, up by 110 basis points in 2021. They also have a net profit of €29.9 million in H1 2022, which amounts to a growth margin of 5.9 percent from the same period last year. This increases 40 basis points on H1 2021 at 5.5 percent.Some of the significant events that have contributed to the H1 results include the presentation of Anniversario, a limited-edition <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> model to celebrate the 60th anniversary of the historic Aquarama model. <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> also welcomed the 31-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 102 Corsaro Super to her fleet with the first one launched in May.Other notable unveiling included the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>power58, the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> 580, the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> 860 and the Custom Line 140, the largest yacht to ever built in composite by the brand. <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> also presented the second alloy superyacht of the period, the 52-metre <a data-gid="gid://syiq/Yacht/10294" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ciao52.0m (170'7&quot;)CRN2022">Ciao</a>.

Ferretti Group reports strong growth and order backlog of €1.2b for half-year results

The Ferretti Group has reported a strong growth for their half-year results with an impressive order backlog of over €1.2 billion for H1 2022.

SuperYacht Times Synopsis July

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

SYT Synopsis: Top yacht news from  July

<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has announced an all-new series of sailing yachts, which will be available in three size iterations: the wallywind 110, 130 and 150. The series has been designed to “completely redefine the possibilities for owners interested in blistering performance coupled with the option for long-range cruising.<img src="https://photo-assets.superyachttimes.com/photo/235354/image/large-1fe8e5f68fce851356685a74ad2300d7.jpg" data-gid="gid://syiq/Photo/235354">The Italian shipbuilder has already started work on the first unit from the 33.5-metre wallywind110, and expects to launch her in May 2024.<img src="https://photo-assets.superyachttimes.com/photo/235344/image/large-04ea90e30b07839014f233563b6e3e91.jpg" data-gid="gid://syiq/Photo/235344">The wallywind110 sports a full carbon hull, which has been sculpted by <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>’s in-house expertise. The sailing yacht will also feature the brand’s simplified sail handling system. <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel/Vrolijk &amp; co</a> was the studio enlisted to pen her naval architecture. Her exterior and interior styling are the result of a collaboration between <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and <a data-gid="gid://syiq/Company/5497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Santa Maria Magnolfi (Company)">Santa Maria Magnolfi</a>.<img src="https://photo-assets.superyachttimes.com/photo/235352/image/large-fde3adb3cc6ca292866506035d586fad.jpg" data-gid="gid://syiq/Photo/235352">“The wallywind110 is the equivalent of the Grand Touring car in the automotive world,” Stefano de Vivo, Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, commented. “It is a very powerful yet smooth long-distance cruising machine – but one that could become a serious challenger in a race - if you felt so inclined. The boat is ideal for an experienced sailor, maybe someone who has had boats in the 60-80ft range and is now willing to make the jump to the 100ft size range to get the extra comforts.”<img src="https://photo-assets.superyachttimes.com/photo/235356/image/large-deac98be63104191f7586be01c72ca68.jpg" data-gid="gid://syiq/Photo/235356"><img src="https://photo-assets.superyachttimes.com/photo/235357/image/large-09d365cf4c6b699dae5b0b3098da56f7.jpg" data-gid="gid://syiq/Photo/235357"><a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has stated that even the smallest unit from its new series will not only boast high performance capabilities, but will be fully competent to cross any ocean with up to four couples, who’ll enjoy her outstanding level of comfort. Very simply she’s truly versatile: an aggressive racer and a luxurious cruiser.<img src="https://photo-assets.superyachttimes.com/photo/235360/image/large-145a9a04e3e65ca4647d72ea47bc3d83.jpg" data-gid="gid://syiq/Photo/235360"><img src="https://photo-assets.superyachttimes.com/photo/235359/image/large-776a2f48bc36dea2989ec6f56cc2b85e.jpg" data-gid="gid://syiq/Photo/235359"><img src="https://photo-assets.superyachttimes.com/photo/235358/image/large-efdd85aa94fa46454d733e61f39fb991.jpg" data-gid="gid://syiq/Photo/235358">“The 110 is a true hybrid because it offers the volumes and comforts of a deckhouse yacht, but with a flush-deck that offers the spirit and the performance of a racing boat,” Luca Bassani, Founder and Chief Designer of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, confirmed. “The raised bulwarks do the job of disguising the fact that this is a raised saloon yacht, with the engine room beneath the floor. That means all the advantages of the layout, without the compromised aesthetics.”<img src="https://photo-assets.superyachttimes.com/photo/235363/image/large-d2ed8b570f8e293d5019efca8d9e2512.jpg" data-gid="gid://syiq/Photo/235363"><img src="https://photo-assets.superyachttimes.com/photo/235362/image/large-ac7d26527400aab606dac455bc9ca10e.jpg" data-gid="gid://syiq/Photo/235362">There is plenty of room for customisation with the wallywind110 – and the other two from the series, for that matter. <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> is offering the series with three keel types: a fixed keel, telescopic keel or a high-tech lifting keel. Numerous layouts are also possible, so that a client looking to take on this project can sculpt her interior to meet their specific needs. <img src="https://photo-assets.superyachttimes.com/photo/235346/image/large-87dfd9fb3a322086dc1e067eeaf15eb4.jpg" data-gid="gid://syiq/Photo/235346">Some of the wallywind standout features include an 80 square-metre cockpit – “twice the size of cockpits on other boats of this size,” <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> states – a capacious tender garage, hidden under the deck, and removable deck furniture that allow her to become regatta-ready at the turn of a coin. <img src="https://photo-assets.superyachttimes.com/photo/235366/image/large-197d95ac335515fccd4f356788741f1b.jpg" data-gid="gid://syiq/Photo/235366">On the technical front, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> will equip the wallywind110 sailing yacht with “lightweight lithium-ion batteries and auxiliary equipment, multiple high-pressure hydraulic pumps for maximum redundancy, and a low-profile twin rudder set-up.” She’ll also benefit from the brand’s underwater anchoring system and Magic Trim hydraulic system for the main and job sheets.&nbsp;The largest iteration of the series, the wallywind150, is said to “break entirely new ground for sailing superyachts.”<img src="https://photo-assets.superyachttimes.com/photo/235365/image/large-7bfef2f077ab1672e10c3e6a4aa6e475.jpg" data-gid="gid://syiq/Photo/235365">Read:&nbsp;<a data-gid="gid://syiq/Article/55497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally unveils all-new 24m superyacht WHY150 (2022-07-07 11:30:00 +0200)">Wally unveils all-new 24m superyacht WHY150</a>“The 130 and 150 are clearly for owners who wish to take long cruises in any sea in the world, on a boat that offers not only comfort and a high degree of service, but also exceptional performance,” Stefano de Vivo, said. “They are therefore passionate about sailing and the sea. The boats will also appeal to young people who want performance and who really connect with <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>’s brand values.”

Wally announces new series of sailing yachts

Wally has announced an all-new series of sailing yachts, which will be available in three size iterations: the Wallywind 110, 130 and 150. 

Wally unveils Wallywind series of sailing yachts

The Italian shipyard <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> has just unveiled the latest iteration of the WHY range, the Wally WHY150, a <a data-gid="gid://syiq/Article/54082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In pictures: Onboard the futuristic WHY200 motor yacht from Wally (2021-11-15 12:00:00 +0100)">24-metre version of the first wide body yacht, the WHY200</a>, which was exhibited at the Monaco Yacht Show last year. <img src="https://photo-assets.superyachttimes.com/photo/233568/image/large-d3f32291eb15820ba93695365be64ecd.jpg" data-gid="gid://syiq/Photo/233568">Created by the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>-<a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group</a> Engineering, in collaboration with <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andrea Vallicelli (Company)">Studio A. Vallicelli &amp; C</a>who penned her interior design. Great emphasis has been given to all exterior areas, where the use of the outdoor space allows her to offer in the sundeck a complete dining option and a bar/kitchen with grill, fridges and all the open-air living amenities at sea.Read:&nbsp;<a data-gid="gid://syiq/Article/54082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In pictures: Onboard the futuristic WHY200 motor yacht from Wally (2021-11-15 12:00:00 +0100)">In pictures: Onboard the futuristic WHY200 motor yacht from Wally</a><img src="https://photo-assets.superyachttimes.com/photo/233569/image/large-2ab953a2e5a794195be01d08af8be1b9.jpg" data-gid="gid://syiq/Photo/233569">The yacht features a similar set up to her predecessor with a full-beam saloon, on the same level as the cockpit which is right down at sea level, creating a close sense of connection with the water. Additional features include full wrap-around glass on the main deck, with the high bow presenting a 270-degree view from the unique forward master cabin.Read: <a data-gid="gid://syiq/Article/53312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally prepare to launch first 27m WHY200 superyacht (2021-07-07 11:45:00 +0200)">Wally prepare to launch first 27m WHY200 superyacht</a><img src="https://photo-assets.superyachttimes.com/photo/233570/image/large-8fd9cede24495563e986f9969ea912c6.jpg" data-gid="gid://syiq/Photo/233570">The yacht accommodates as many as eight guests across four generous staterooms, with four crew members also housed in two large cabins. With her optional three IPS1350 engines, she can reach a maximum speed of 23 knots, or 21 knots with standard propulsion of three IPS1200 engines.<img src="https://photo-assets.superyachttimes.com/photo/233571/image/large-f4a10353012d87bcea2a112e2b8faa33.jpg" data-gid="gid://syiq/Photo/233571">Set to make her world debut in spring 2023, the first unit of the series will be launched in February. Stefano de Vivo, Wally’s Managing Director commented, “After the success of the Wally WHY200 we were asked to offer the same characteristics of this breakthrough model in a smaller size. We decided to develop this model to be 24 metres in length and 150 GT and added in some tailored and unique features to give her own identity. The Wally WHY150 serves as yet another example of Wally being ahead of its time, setting new standards in yacht design. As an industry paradigm-shifting project, the Wally WHY150 looks set to be seen all around the world, from top Mediterranean ports to remote islands in the Caribbean.” Luca Bassani, Wally’s Founder and Chief Designer explains the inspiration behind the model,&nbsp;“The design is based on her bigger sister, the Wally WHY200. The challenge was to incorporate some of the 200’s best features into a smaller package, while opening the door to new and innovative solutions in this size range. Most importantly, we have maximised and optimised her exterior spaces as much as possible – they are absolutely enormous and totally unique for her size in the industry.”<img src="https://photo-assets.superyachttimes.com/photo/233572/image/large-987c07da1d34bf6a8b7b7696d30c756a.jpg" data-gid="gid://syiq/Photo/233572">

Wally unveiled 24m motor yacht WHY150

Wally unveiled the 24m Wally WHY150 motor yacht with new interiors.

Wally unveils all-new 24m superyacht WHY150

SuperYacht Times Synopsis June

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

SYT Synopsis: Breaking yacht news from June 

The 2022 Rolex Giraglia offshore race is a wrap – and what an epic contest it was. A 140-strong fleet returned to Saint-Tropez for this year’s regatta; the 69th edition of the event. <img src="https://photo-assets.superyachttimes.com/photo/231282/image/large-5b9cdef11d3fda0270eedd47e87733a7.jpg" data-gid="gid://syiq/Photo/231282">With an elapsed time of 34 hours, seven minutes and 17 seconds, With an elapsed time of 34 hours, seven minutes and 17 seconds, Sir Lindsay Owen-Jones’s <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>cento won line honours with <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>. <img src="https://photo-assets.superyachttimes.com/photo/231287/image/large-025f1e238d41cd98fc2bf28a682bfc46.jpeg" data-gid="gid://syiq/Photo/231287"><img src="https://photo-assets.superyachttimes.com/photo/231286/image/large-0027d6aadb15257311bcdfbef7cca70e.jpeg" data-gid="gid://syiq/Photo/231286">The historic competition, partnered by Rolex since 1998, is a week-long event which kicked off in the picturesque French town. And the offshore race follows on from a competitive three-day inshore series. The event was heralded with light winds, and due to these conditions the Race Committee shortened the 241 nautical mile event, and the fleet headed directly to the Giraglia rock, bypassing the short leg west of Saint-Tropez to La Fourmigue.<img src="https://photo-assets.superyachttimes.com/photo/231283/image/large-57d7aa12fdcd2c43b44a013ee4681529.jpeg" data-gid="gid://syiq/Photo/231283">Those competing tacked and jibed up and around the Giraglia rock, situated just one nautical mile from the northern tip of Corsica, and then navigated the last leg to the finish line, off the <a data-gid="gid://syiq/Company/5096" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Italia (Company)">Yacht Club Italiano</a>’s base in Genoa. <img src="https://photo-assets.superyachttimes.com/photo/231285/image/large-907609f9430069d8e0112d1520ede063.jpeg" data-gid="gid://syiq/Photo/231285"><a data-gid="gid://syiq/Yacht/11572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arca SGR 30.48m (100'0&quot;)The Yard Brisbane2003">ARCA SGR</a>, the Italian maxi skippered by Furio Benussi, headed the fleet for most of the race, and seemed favourite to take line honours for the second year running. However, during the final stretch, <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> found sufficient breeze to claim top spot. <img src="https://photo-assets.superyachttimes.com/photo/231284/image/large-bc2c6c38877af4e31fb7a621d101296e.jpeg" data-gid="gid://syiq/Photo/231284">As <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> the bulk of the fleet were still on the approach to the Giraglia rock, some 83-nautical miles from Genoa.&nbsp;

 2022 Rolex Giraglia offshore race: Magic Carpet Cubed steals victory

The 2022 Rolex Giraglia offshore race is a wrap and Magic Carpet Cubed claimed victory on the final stretch.

2022 Rolex Giraglia: Magic Carpet Cubed steals victory

The final day at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">Giorgio Armani Superyacht Regatta 2022</a> drew to a close yesterday with <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a> and <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> reigning champions of their respective categories. After four days of racing around the La Maddalena archipelago the event closed with a prize giving ceremony held at the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a> Piazza Azzurra. <img src="https://photo-assets.superyachttimes.com/photo/229446/image/large-8c50b92f35f56c355e6163833c2522f2.jpg" data-gid="gid://syiq/Photo/229446">The weather conditions for the day were overcast skies and a shifty variable breeze with the race once again scheduled for 12:30pm. The Race Committee made the decision to opt for a shorter southerly course due to low winds, with the starting line located off Porto Cuervo. Both the Multihull and Superyacht Division would round the island of Soffi, before heading for the Bisce pass and the finish line. The Multihulls once again started first, with the Superyacht Division following with a staggered start procedure.<img src="https://photo-assets.superyachttimes.com/photo/229455/image/large-5631f315d223971d4450eed92ccb9469.jpg" data-gid="gid://syiq/Photo/229455">The Multihull Division saw Lord Irvine Laidlaw’s, Highland Fling XVII win the day’s race and secure his first win of the event. The Multihulls had been battling it out all week, with Adrian Keller’s <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a> winning three consecutive races. But it was due to <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a>’s tactical decision to sail close to the coast on the approach that allowed her rival Highland Fling XVII to overtake her right at the finish line. The race saw Highland Fling XVII finish one second ahead of <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a>, which would translate to one minute and five seconds in real time. <img src="https://photo-assets.superyachttimes.com/photo/229441/image/large-e0849318b97300096e8fed6d4a480ab1.jpg" data-gid="gid://syiq/Photo/229441">Paul Larsen, tactician on <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a> said “Racing with our opponent was always tight, today we lost the race by a minute, probably because we had a little too much weight on board. Every detail can make the difference, from gusts to the speed of manoeuvres, that's why we updated the boat with faster winches, and you can see the results."Despite this, <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a> finished first overall after winning three races in Costa Smeralda, Italy. “This is a perfect place for multihull sailing, really special, it's right in the mix of loading these boats up and on the edge of flying hulls, and then you look at the scenery and just go whizzing past and try not to be distracted by it.” said tactician Paul Larsen.<img src="https://photo-assets.superyachttimes.com/photo/229444/image/large-f005b84820bdfa23482de462add1bdb0.jpg" data-gid="gid://syiq/Photo/229444">The <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous saw five yachts from the Southern African shipyard compete in friendly day sails with the award for the best performing yacht awarded to <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a>. The <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Director Andrea Micheli presented <a data-gid="gid://syiq/Yacht/6337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sorceress31.41m (103'1&quot;)Southern Wind2017">Sorceress</a> and <a data-gid="gid://syiq/Yacht/6084" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ammonite24.86m (81'7&quot;)Southern Wind2016">Ammonite</a> awards for their performances on the water as well as their interpretation of racing.&nbsp;Will Apold of <a data-gid="gid://syiq/Yacht/6337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sorceress31.41m (103'1&quot;)Southern Wind2017">Sorceress</a> commented “It’s a pleasure to return to this club, this organisation does a wonderful job! It worked out very well for us, we had some very good starts, so we are very pleased to be back again!”<img src="https://photo-assets.superyachttimes.com/photo/229445/image/large-1b149cb85954a6d78c3df64a06be0b3b.jpg" data-gid="gid://syiq/Photo/229445">The Superyacht Division saw nine diverse superyachts from schooners to sloops once again fight it out for the overall lead of the competition. With an extraordinarily wide score sheet, <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> was forced to defend her overall lead <a data-gid="gid://syiq/Article/55271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="All the action from Day 1 of the Giorgio Armani Superyacht Regatta 2022 (2022-06-02 08:30:00 +0200)">after her win on day one</a>. Her pursuers, <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a> and <a data-gid="gid://syiq/Yacht/6762" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Blue28.54m (93'8&quot;)Wally2002">Magic Blue</a> were closing in on her lead, and had respectively placed within the top three positions on various days.<a data-gid="gid://syiq/Article/55271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="All the action from Day 1 of the Giorgio Armani Superyacht Regatta 2022 (2022-06-02 08:30:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/229440/image/large-0666b38243a9a73a8f9b45bbe42ecfb9.jpg" data-gid="gid://syiq/Photo/229440"></a>The day’s racing saw the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> finish in first place with the 28.3-metre <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a> finishing in second place. <a data-gid="gid://syiq/Article/55284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle takes the top spot for Day 3 at the Giorgio Armani Superyacht Regatta 2022 (2022-06-04 09:30:00 +0200)">Yesterday’s winner</a> <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a> dropped down to fifth place in yesterday’s race while the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 95 <a data-gid="gid://syiq/Yacht/6762" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Blue28.54m (93'8&quot;)Wally2002">Magic Blue</a> finished in third.<a data-gid="gid://syiq/Article/55284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle takes the top spot for Day 3 at the Giorgio Armani Superyacht Regatta 2022 (2022-06-04 09:30:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/229442/image/large-8511c5a0253fc5913856b7a947a341ad.jpg" data-gid="gid://syiq/Photo/229442"></a>Overall, the Superyacht Division saw three <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> yachts on the podium, with third place awarded to <a data-gid="gid://syiq/Yacht/6762" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Blue28.54m (93'8&quot;)Wally2002">Magic Blue</a>, and <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a> finishing in second. The top scoring yacht in the division was <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> who also won the Silver Jubilee Cup for the best result among the members of the organising club, and the <a data-gid="gid://syiq/Company/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantaenius (Company)">Pantaenius</a> Trophy for the best starts.<a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> tactician Johen Schuemann commented on their performance “We are happy, this win shows that we have made good progress after a slower than expected start to the season.”<img src="https://photo-assets.superyachttimes.com/photo/229452/image/large-7f6d1fcb4614897f4cca0cf579725d46.jpg" data-gid="gid://syiq/Photo/229452">The Traditional Superyacht Trophies were presented by <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a> board member Salvadore Trifirò for the top scoring traditional superyachts over 30.5-metres long with full cruising interiors. Third place was awarded to <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a> with second place going to <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a>. After a couple of year’s hiatus from superyacht racing, <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> was awarded first place.<a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">Yacht Club Costa Smeralda (YCCS)</a> Commodore, Michael Illbruck commented “I'm delighted with the success, both at sea and ashore, of our regatta dedicated to superyachts. I'd like to thank <a data-gid="gid://syiq/Company/558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani S.p.A. (Company)">Giorgio Armani</a> for having chosen the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a> and the Superyacht Regatta.”<img src="https://photo-assets.superyachttimes.com/photo/229447/image/large-71b8cabdf34fc95f3586b7bc7efda5e0.jpg" data-gid="gid://syiq/Photo/229447">The <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a> racing season continues with the Italia Yachts Sailing Week from the 15th to 18th June and the ORC World Championship from 22nd to 30th June. The next edition of the <a data-gid="gid://syiq/Company/558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani S.p.A. (Company)">Giorgio Armani</a> Superyacht Regatta is scheduled for 2023.

Allegra and Magic Carpet Cubed win Giorgio Armani Superyacht Regatta 2022

The final day at the Giorgio Armani Superyacht Regatta 2022 drew to a close with Allegra and Magic Carpet Cubed reigning champions.

Allegra and Magic Carpet Cubed reigning champions of the Giorgio Armani Superyacht Regatta 2022

Competitors at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">Giorgio Armani Superyacht Regatta 2022</a> were graced with a third day of ideal wind and sea conditions for racing. The north east brought on a breeze that would provide great conditions for the fleet racing around the La Maddalena archipelago. <img src="https://photo-assets.superyachttimes.com/photo/229438/image/large-3f63992ed0d777924fa474946ac15b75.jpg" data-gid="gid://syiq/Photo/229438">The starting procedures commenced on schedule at 12:30 with wind speeds from the east-northeast clocking in at around 10 knots. The Race Committee decided on a clockwise course of the islands of La Maddalena and Caprera, via the Bisce strait and leaving the Secca Di Tre Monti to starboard.The course saw an interesting passage to the north between the island of Santa Maria and the Isola Piana before rounding the islet of Barettinelli Di Fuori, acting as a natural mark. The superyachts completed their circumnavigation of approximately 30 miles around the archipelago and returned to the finish line, located off Capo Ferro. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/229439/image/large-84faf6e86bee8fbed6fe2478a9efeef5.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20220604%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20220604T073504Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=8f989525a2fe0539370c87f0eaa2681ef7a5e8c8ade2262553fcfc45cb8fad7b" data-gid="gid://syiq/Photo/229439">The La Maddalena channel undoubtedly presented a challenge for the competitors from a tactical point of view. The wind shifts and localised increases and drops in pressure, such as the transition zone caused by the cover from the island between the towns of La Maddalena and Palau.The Multihull Division started off proceedings with the Superyacht Division following with a staggered start procedure. The 32.64-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a> <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a> got off to a flying start thanks to tactician Alberto Barovier and navigator Andrea Visentini. &nbsp;<a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a>, owned by the Dutchman Wim de Pundert, managed to hoist her gennaker with perfect timing on the line and sailed with skill and ease for the remainder of the race. <img src="https://photo-assets.superyachttimes.com/photo/229434/image/large-337ad31e6131b9ca1a7079b9a4eecccf.jpg" data-gid="gid://syiq/Photo/229434">Alberto Barovier, tactician of <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a> commented on her win “We are particularly pleased with today's victory because we are still developing as a team. The new owner and his wife are sporty people, they both love to steer their boat and today's result is the first step on a competitive path that promises to be interesting.”The final results saw the 33.4-metre Swiss owned <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> finishing in second place just 40 seconds ahead of the third place competitor <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a>. However, the overall winner remains to be <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a> who won on Day 1 of the regatta, with the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 93 <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a> just one point behind. Third place in the general classification is also held by a <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, in the form of <a data-gid="gid://syiq/Yacht/6762" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Blue28.54m (93'8&quot;)Wally2002">Magic Blue</a>.<img src="https://photo-assets.superyachttimes.com/photo/229436/image/large-d8671b98902ec740fa6e1ac14c1c9cd4.jpg" data-gid="gid://syiq/Photo/229436">The competitors saw a climb in the wind speed to 12 knots during the end of the race. “The atmosphere on board is fantastic and this helps us to achieve good results. The key to today's result was when we gybed in front of La Maddalena towards Palau, finding more pressure to get out of that area. The drop in the breeze towards the end didn't help us because ours is a heavy boat, but the result rewarded our efforts.” added Alberto Barovier.The Multihull Division saw <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a> once again secure another victory in her continuous sequence of first place finishes. The fleet participating in the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous and Trophy went on a long outing today, heading north from Porto Cervo to the Lavezzi mark off the Bocche di Bonifacio strait, before returning past the islands of Budelli and Rizzoli. After stopping for lunch at anchor the more competitive boats had a friendly sail while returning to Porto Cervo.<img src="https://photo-assets.superyachttimes.com/photo/229432/image/large-9e6f78fe39d791242889c1f09be58a0b.jpg" data-gid="gid://syiq/Photo/229432">Today’s final day of racing is scheduled to start at 12:30 with the Multihull Division setting off first, followed by the Superyacht Division, with the forecast predicting light wind speeds. Over the past week, SuperYacht Times has been reporting an exclusive insight into the event, with daily roundups, social media stories and exclusive interviews as a media partner of the event.

Day 3 of the Giorgio Armani Superyacht Regatta 2022

Competitors at the Giorgio Armani Superyacht Regatta 2022 were graced with a third day of ideal wind and sea conditions for racing.

Ribelle takes the top spot for Day 3 at the Giorgio Armani Superyacht Regatta 2022

The Costa Smeralda put on its best show yesterday to deliver a second unforgettable race day for the fleet taking part in the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">Giorgio Armani Superyacht Regatta 2022</a>. The competitors were graced with an east-north easterly breeze of 10 to 14 knots, which allowed the Race Committee to commence the starting procedures on schedule at 12:30pm.<img src="https://photo-assets.superyachttimes.com/photo/229374/image/large-e81b3deee0a30d3fa7a79a6008c0f04b.jpg" data-gid="gid://syiq/Photo/229374">The 15th edition of the superyacht regatta, organised by the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">Yacht Club Costa Smeralda</a> (<a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a>) with the sponsorship of <a data-gid="gid://syiq/Company/558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani S.p.A. (Company)">Giorgio Armani</a>, takes place from 31 May to 4 June on the waters of the Costa Smeralda, Italy with four days of coastal racing. <img src="https://photo-assets.superyachttimes.com/photo/229377/image/large-2132757980df051ac427482792b2d4b5.jpg" data-gid="gid://syiq/Photo/229377">A spectacular and challenging course of around 30 miles was set by the Race Committee which saw the superyacht division crossing the starting line located near the Bisce island. The course would see them circumnavigate the islands of Caprera and La Maddalena in an anticlockwise direction, before leaving the island of Spargi to starboard and after passing through the channel between Palau and La Maddalena. The competitors would then reach the Tre Monti shallows in the Saline Gulf, before heading to and rounding the Monaci islet, and reaching the finish line located in front of Porto Cervo.<img src="https://photo-assets.superyachttimes.com/photo/229378/image/large-dd64f1f46967cdc7810d78641fcbaea6.jpg" data-gid="gid://syiq/Photo/229378"><img src="https://photo-assets.superyachttimes.com/photo/229381/image/large-bc39b1a695910dc9c069fe1af8dddbcc.jpg" data-gid="gid://syiq/Photo/229381">The Multihulls started on a reach, while the superyachts sailed to an offset mark before sailing around the perimeter of the archipelago. The Superyacht Division followed with a staggered start, with individual departures of three minutes, with them reaching the blowiest part of the course in a compact group. Winds of up to 15 knots to the north of the La Maddalena island were found after sailing along the Sardinian coastline.<img src="https://photo-assets.superyachttimes.com/photo/229375/image/large-2926ec2576872fc383d9ea4697b4224a.jpg" data-gid="gid://syiq/Photo/229375">Starting first for the Superyacht Division was <a data-gid="gid://syiq/Yacht/1190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariette42.06m (137'12&quot;)Herreshoff1915">Mariette&nbsp;of 1915</a> who dominated the race with the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 95 <a data-gid="gid://syiq/Yacht/6762" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Blue28.54m (93'8&quot;)Wally2002">Magic Blue</a> placing second, in corrected time. <a data-gid="gid://syiq/Yacht/1190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariette42.06m (137'12&quot;)Herreshoff1915">Mariette of 1915</a> won the day's racing with a comfortable margin, unlike the rest of the fleet, where the deltas in compensated time were much slimmer.<img src="https://photo-assets.superyachttimes.com/photo/229372/image/large-fceae5b565565f7a88ce820d14a85646.jpg" data-gid="gid://syiq/Photo/229372">The <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic Yachts</a> <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> finished third just seven seconds ahead of yesterday’s winner <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>, who maintains the overall lead in the provisional classification for the Superyacht Division. The Multihull Division saw <a data-gid="gid://syiq/Yacht/12027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allegra APC7823.95m (78'7&quot;)Green Marine2014">Allegra</a> take first place over yesterday’s winner Highland Fling XVII.<img src="https://photo-assets.superyachttimes.com/photo/229379/image/large-cea83b86c27ba776c36b132d65464510.jpg" data-gid="gid://syiq/Photo/229379">Read:&nbsp;<a data-gid="gid://syiq/Article/55271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="All the action from Day 1 of the Giorgio Armani Superyacht Regatta 2022 (2022-06-02 08:30:00 +0200)">All the action from Day 1 of the Giorgio Armani Superyacht Regatta 2022</a>The second day of the Southern Wind Rendezvous and Trophy saw set off to sail around the Monaci island. Both the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>&nbsp;SW82 Ammonite and the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Win</a>&nbsp;SW96 Sorceress were able to prepare and train for later in the season &nbsp;by engaging in a friendly sail. The fleet then anchored in the Pevero Bay, where the owners and their guests were invited to a traditional dinner organised by <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>.<img src="https://photo-assets.superyachttimes.com/photo/229370/image/large-7a65577dc51e33b7bf812cbd420654d2.jpg" data-gid="gid://syiq/Photo/229370">The dinner saw <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> present each of the owners with a prize that celebrated their excellence. The shipyard also took the opportunity to announce their new concept “<a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>’s Smart Custom” that combines the virtues of custom, with the efficiency of semi-custom, that adapts to the owner’s needs. The concept comes as their way of understanding that efficiency is the new direction for the smart sailor.<img src="https://photo-assets.superyachttimes.com/photo/229375/image/large-2926ec2576872fc383d9ea4697b4224a.jpg" data-gid="gid://syiq/Photo/229375">The <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">Giorgio Armani Superyacht Regatta</a> is scheduled to begin again today with light winds at 12:30 and a forecast of stronger breezes possible locally. Over the course of this week, SuperYacht Times will be reporting an exclusive insight of the event, with daily roundups, social media stories and exclusive interviews as a media partner of the event.

Day 2 of the Giorgio Armani Superyacht Regatta 2022 

A second unforgettable race day for the fleet taking part in the Giorgio Armani Superyacht Regatta 2022.

A perfect Day 2 for the Giorgio Armani Superyacht Regatta 2022

The <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">Giorgio Armani Superyacht Regatta 2022</a> got underway yesterday, with the 15th edition of &nbsp;the event officially opening the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">Yacht Club Costa Smeralda (YCCS)</a> sporting calendar. This year sees the support of a new title sponsor, Giorgio Armani, who are present at the four day coastal racing event.<img src="https://photo-assets.superyachttimes.com/photo/229185/image/large-e5a34449a4384b1356df554c7056f99c.jpg" data-gid="gid://syiq/Photo/229185"><img src="https://photo-assets.superyachttimes.com/photo/229195/image/large-a99d8aa5c08b58a44f619dfbdd215b2d.jpg" data-gid="gid://syiq/Photo/229195">There are eighteen boats enrolled to race around the waters of the Costa Smeralda, Italy for the start of the Mediterranean superyacht sailing season. But the event was kickstarted yesterday by <a data-gid="gid://syiq/Yacht/1190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariette42.06m (137'12&quot;)Herreshoff1915">Mariette</a> of 1915 and <a data-gid="gid://syiq/Yacht/2266" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenandoah of Sark55.08m (180'9&quot;)Townsend & Downey1902">Shenandoah of Sark</a>, who put on a show for spectators. The two classic schooners engaged in a friendly sail between Capo Ferro, and the Monaci islet before continuing past the Isola delle Bisce.<img src="https://photo-assets.superyachttimes.com/photo/229187/image/large-1f51141671a81f7574029bcd7cbd8d8e.jpg" data-gid="gid://syiq/Photo/229187"><img src="https://photo-assets.superyachttimes.com/photo/229196/image/large-4b8142392248a774836fe01af6aefc05.jpg" data-gid="gid://syiq/Photo/229196"><a data-gid="gid://syiq/Yacht/1190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariette42.06m (137'12&quot;)Herreshoff1915">Mariette</a> of 1915 has returned to Porto Cervo after her last participation in the Superyacht Regatta in 2019, to prove that age is just a number. The twin-masted 1915 <a data-gid="gid://syiq/Company/829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Herreshoff (Company)">Herreshoff</a> schooner is one of the oldest yachts still sailing today. Meanwhile, this is the first time Shenandoah of Sark has attended the event. Alongside Kenora, the 1902 <a data-gid="gid://syiq/Company/1285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Townsend & Downey (Company)">Townsend and Downey</a> schooner will follow the racing and social events without competing.<img src="https://photo-assets.superyachttimes.com/photo/229190/image/large-cb29ac37ad2e9697166f50aff4bd3c5f.jpg" data-gid="gid://syiq/Photo/229190">The event will officially get underway today, 1st June, with racing continuing through till Saturday. Returning to the event this year is the WallyCento <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>, who is looking to retain her 2019 victory where she claimed her third consecutive win.<img src="https://photo-assets.superyachttimes.com/photo/229189/image/large-11bbe1f257d5318e090b5cc531fc1da2.jpg" data-gid="gid://syiq/Photo/229189">New additions to this year include, the 30.5-metre <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> <a data-gid="gid://syiq/Yacht/7745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Morgana30.5m (100'1&quot;)Southern Wind2020">Morgana</a> and the 28.3-metre <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a>. <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">The Giorgio Armani Superyacht Regatta</a> will also see the 33-metre yachts <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> and <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">Win-Win</a>, the 29-metre <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> <a data-gid="gid://syiq/Yacht/6762" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Blue28.54m (93'8&quot;)Wally2002">Magic Blue</a> and the 32-metre sloop <a data-gid="gid://syiq/Yacht/5917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribelle32.64m (107'1&quot;)Vitters Shipyard2017">Ribelle</a> competing.<img src="https://photo-assets.superyachttimes.com/photo/229193/image/large-eadd8e359b5de48eac54d6f90f762d43.jpg" data-gid="gid://syiq/Photo/229193">The <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous and Trophy will also take place at the event with boats from the shipyard looking to sail in the Sardinian waters. Five yachts are enrolled in this category: the SW 82s Ammonite and <a data-gid="gid://syiq/Yacht/5197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feelin' Good24.72m (81'1&quot;)Southern Wind2013">Feelin’ Good</a>, the SW 100 <a data-gid="gid://syiq/Yacht/3918" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cape Arrow30.26m (99'3&quot;)Southern Wind2011">Cape Arrow</a>, the SW 102 <a data-gid="gid://syiq/Yacht/5985" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Egiwave31.78m (104'3&quot;)Southern Wind2015">EgiWave</a> and the SW 96 <a data-gid="gid://syiq/Yacht/6337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sorceress31.41m (103'1&quot;)Southern Wind2017">Sorceress</a>.<img src="https://photo-assets.superyachttimes.com/photo/229192/image/large-22960511b010069a9eab23e13f628bc9.jpg" data-gid="gid://syiq/Photo/229192">Michael Illbruck, Commodore of the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">Yacht Club Costa Smeralda</a> commented, “We are delighted to open the sporting season in Porto Cervo with the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 15th">Giorgio Armani Superyacht Regatta</a>. It will, as always, be thrilling to see the imposing superyacht fleet lined up along the dock and sailing through the islands of the La Maddalena archipelago.”<img src="https://photo-assets.superyachttimes.com/photo/229191/image/large-53e913f82fa9201161f9e4397bffbe54.jpg" data-gid="gid://syiq/Photo/229191">The first starting signal is scheduled for today at 12:30pm with the forecast set to give variable winds of 5 to 8 knots. Over the course of this week, SuperYacht Times will be reporting an exclusive insight of the event, with daily roundups, social media stories and exclusive interviews as a media partner of the event.&nbsp;

Giorgio Armani Superyacht Regatta 2022

The Giorgio Armani Superyacht Regatta 2022 got underway yesterday, with the 15th edition of  the event officially opening the YCCS sporting calendar.

Shenandoah of Sark and Mariette kick off the Giorgio Armani Superyacht Regatta 2022

The Real Club Nautico de Palma’s traditional season opener, PalmaVela concluded this weekend. The International Maxi Association’s 2022 Mediterranean Maxi Inshore Challenge had a successful start with seven yachts racing under IRC, and the 30.48-metre <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> dominating the event.<img src="https://photo-assets.superyachttimes.com/photo/226371/image/large-470dfad308524a337e2b7a617ad59925.jpeg" data-gid="gid://syiq/Photo/226371">The event was originally created as a regatta for Maxis, and formerly known as the Maxi Race Week. This year saw competitors race over four days from Thursday, with conditions spanning a solid 20-22 knots and gusting to mid-20s on the opening day.<img src="https://photo-assets.superyachttimes.com/photo/226370/image/large-0e3cd878c0673873e286e9ed9aa4f7f9.jpeg" data-gid="gid://syiq/Photo/226370">It was an impressive weekend for the white <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> sailing yacht <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> that went on to win all six races. Sadly due to work commitments, Galateia’s owner David M. Leuschen was unable to compete and instead handed over the wheel to his tactician, Kelvin Harrap. The Kiwi pro sailor steered her to victory with two races held on Friday and Saturday, and single longer coastals on Thursday and Sunday.<img src="https://photo-assets.superyachttimes.com/photo/226373/image/large-b379902433ae446242b90969be1a985a.jpeg" data-gid="gid://syiq/Photo/226373">The opening day saw <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> win by a huge 15 minute 32 second margin over the second placed Farr 100 <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard3</a>. On day two the fleet closed the gap with Sir Lindsay Owen-Jones’ <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet 3</a> coming home second by just 14 seconds. <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a>’s supreme tactical duo of former Alinghi teammates: six time America’s Cup winner Murray Jones and Olympic 470 gold medallist Jordi Calafat provided valuable local knowledge that contributed to her win. She also saw work carried out over the winter months to get her ready for the season.<img src="https://photo-assets.superyachttimes.com/photo/226369/image/large-7950515e6c7751634a27e8e0eab76351.jpeg" data-gid="gid://syiq/Photo/226369">“We had a great week,” admitted <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> tactician Kelvin Harrap. “Sometimes you get a bit of momentum and confidence going and we had Jordi and Murray sending us the right way. It was tricky, but with the changes we made over the winter the boat seems to be going a bit better.”<a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> was also the winner of the Best Placed IMA Member as well as her IMA Maxi Class win. “The crew work was pretty good and the starts were going well. Sometimes you have a regatta where everything goes right” said Harrap.<img src="https://photo-assets.superyachttimes.com/photo/226374/image/large-94df2c116f5844a56990e037d98f7691.jpeg" data-gid="gid://syiq/Photo/226374">Although there was a stand-out leader, the remaining competitors continued to compete for second or third place with four of the six yachts finishing in these positions over the four days. The race for second place saw <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet 3</a> and the new team on <a data-gid="gid://syiq/Yacht/7514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bullitt28.3m (92'10&quot;)Wally2018">Bullitt</a> battle it out. <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet 3</a> finished the last two races in second place allowing the new Italian team to take second overall by just a point.<img src="https://photo-assets.superyachttimes.com/photo/226372/image/large-ca1a7c859d09e7715fad87b373c3b94e.jpeg" data-gid="gid://syiq/Photo/226372">The race for fourth place was even closer with <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard3</a> and Paul Berger's <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor's Swan (Company)">Nautor's Swan</a> 80 <a data-gid="gid://syiq/Yacht/6562" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kallima24.89m (81'8&quot;)Nautor's Swan2001">Kallima</a>, which finished tied on points with <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard3</a> prevailing on countback. “It was a great, very well organised event,” said <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard</a><a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">3</a>’s owner. I am very impressed. And of course it was nice that we had seven boats in our class which meant it was competitive racing. The boat is going well. We have new sails and the boat has got lighter and we are still trying to figure things out.” <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard3</a> is to undergo significant refits this summer and over next winter to upgrade her.The IMA’s Mediterranean Maxi Inshore Challenge continues week after next with the Maxi Yacht Sorrento Trophy, part of the IMA Maxi European Championship.

Galateia wins 2022 PalmaVela regatta

The Real Club Nautico de Palma’s traditional season opener, PalmaVela concluded this weekend.

Galateia dominates at the PalmaVela regatta 2022

The 31.3-metre <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> super sailing yacht <a data-gid="gid://syiq/Yacht/4120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Malouen X31.3m (102'8&quot;)Green Marine2012">Open Season</a> has been sold in an in-house deal with Captain Youri Loof of <a data-gid="gid://syiq/Company/1046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernard Gallay Yacht Brokerage (Company)">Bernard Gallay Yacht Brokerage</a> representing both the buyer and the seller. She has now been renamed <a href="https://sya.superyachttimes.com/yachts/spirit-of-malouen-x" target="_blank">Spirit of Malouen X</a>.<img src="https://photo-assets.superyachttimes.com/photo/33730/image/large-8e655ed7708a185156341b3e3e467cea.jpg" data-gid="gid://syiq/Photo/33730">Built by <a data-gid="gid://syiq/Company/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Green Marine (Company)">Green Marine</a> and launched in 2012, she features exterior design from <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited&nbsp;</a>in collaboration with <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>. The yachts naval architecture comes from the boards of <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel / Vrolijk &amp; co</a>. <img src="https://photo-assets.superyachttimes.com/photo/82226/image/large-aef34af12cfff96a3a8c07e74217ce56.jpg" data-gid="gid://syiq/Photo/82226">Able to accommodate as many as eight guests, the yacht has four cabins. Her last known asking price is unknown.

Wally sailing yacht Open Season sold

The Wally sailing yacht Open Season has been sold. 

31m Wally superyacht Open Season has been sold and renamed

Great events bring great changes. So what’s next? To answer this question we’ve brought together some of the leading players in yacht design in a roundtable of sorts to discuss what’s hot and what’s coming. <img src="https://photo-assets.superyachttimes.com/photo/208212/image/large-391ca1c70a6822b2c89fe2ca519bf6b3.jpg" data-gid="gid://syiq/Photo/208212"><a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a>, <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a>, <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Bernardo Zuccon</a>, <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto</a>, <a data-gid="gid://syiq/Company/5701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valerio Rivellini Yacht Design (Company)">Valerio Rivellini</a>, Hans-Maarten Bais, Creative Director &amp; Naval Architect at <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design B.V. (Company)">Diana Yacht Design</a>, Francesco Ansalone, Marketing &amp; Communication Manager at <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>, and Stefano de Vivo CCO of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> all joined us in conversation.&nbsp;“The pandemic has shown us that we need to enjoy life on a daily basis,” <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto</a> explained. “All of my clients expressed this concern; they want to reconnect with their family and stay together for longer periods of time. They want a level of freedom that they were no longer getting in their home towns with rolling lockdown measures. Yachting offered this.” <img src="https://photo-assets.superyachttimes.com/photo/208213/image/large-1afe5578fb09a7a6df7bf2e733fc1f96.jpg" data-gid="gid://syiq/Photo/208213"><a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Bernardo Zuccon</a> echoed this: “Certainly, the pandemic has affected daily life for all of us. It is possible, therefore, that covid has inspired potential owners to invest in boats, because they represent safe, micro-ecosystems, isolated from the rest of the world, ideal for spending the holidays in serenity or simply getting away with their families.” &nbsp;The last years have influenced our overarching values which, in turn, spurred on new demands. “People are looking for a more intimate, safe, and low-risk environment thus making yachting a fantastic solution,” Francesco Ansalone or <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>, added. <img src="https://photo-assets.superyachttimes.com/photo/216755/image/large-6c1f9a59bba24e5170d83edfc3039cf0.jpg" data-gid="gid://syiq/Photo/216755">“In terms of design, people want to stay on board for longer periods of time. They want more privacy, more separation from the staff, and areas such as the gym, and closet spaces are becoming more important. We are also adding elements like medical centres on board for some of our projects,” <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Gatto</a> continued. “Multiple onboard areas are also in high demand.”“This preference for multifunctional environments on the yacht that can be used in many different ways throughout the day, according to needs, is a key trend-driver. It is now a common trait we are seeing in all new projects, ” <a data-gid="gid://syiq/Company/5701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valerio Rivellini Yacht Design (Company)">Valerio Rivellini</a> noted.<img src="https://photo-assets.superyachttimes.com/photo/40907/image/large-7983e5a8d15d0ce2e8330351adea061f.JPG" data-gid="gid://syiq/Photo/40907"><a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon</a> added, “we are not witnessing a structural overhaul, but rather a change in the prevailing conception of yachting, which has shifted from a party venue and an instrument of ostentation to a place of refuge.”These conversations are prominent at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> as well, “each space needs to be carefully designed and built with meticulous attention to detail. We are anticipating trends by redesigning the spaces onboard, even in the smallest model, we aim to create separate areas that provide as much privacy as possible,” Stefano de Vivo saidThe very idea of what yachting is has been gradually changing – a gentle cascade. The pandemic exacerbated this and acted as an accelerator; it has brought forth the changes of tomorrow to the present day. <img src="https://photo-assets.superyachttimes.com/photo/216395/image/large-af405c2b54a7ef62ffd8a996270d1642.jpg" data-gid="gid://syiq/Photo/216395">Hans-Maarten Bais of <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design B.V. (Company)">Diana Yacht Design</a> had more to say on this point: “Yes, the way people use their yachts has changed, but whether that's related to the pandemic, I'm not sure. People are not only interested in spending their summer in the Mediterranean anymore, they want to explore remote destinations like the Arctic and the Baltic states.Explorer-type vessels are in vogue at the moment – people want an experience,” Bais continued. “They want to be in contact with the weather, with the sea. But they also want safe deck spaces for children to play and to store the wide range of toys on the market.”Nonetheless, yacht life has always pivoted on the deck areas. “You spend all your time outside, weather permitting,” <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> said, “and people are finally acknowledging this trend and removing the barriers between the interior and exterior spaces.” <img src="https://photo-assets.superyachttimes.com/photo/113132/image/large-ecb1aca452ab298e14aa589936b01054.jpg" data-gid="gid://syiq/Photo/113132"><a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Øino</a>’s clients are not the only ones either; &nbsp;“the most prominent and recurring demand, in my experience, has been the need for a spacious yacht with interior and exterior spaces flowing together, blurring the boundaries between inside and outside,” <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a> said.“Many clients have experienced divisions in previous yachts, which have highlighted the lack of flow between the interior and exterior and they wish to overcome this negative aspect. This, coupled with a timeless and original design that provides style and function, in equal measures, is the most common request,” &nbsp;<a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Heywood</a> continued. <img src="https://photo-assets.superyachttimes.com/photo/216692/image/large-e77d1c2601043f5966721604b1262bd2.jpeg" data-gid="gid://syiq/Photo/216692"><a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Øino</a> expects “that later down the line we'll go even further and basically skip the whole big central area. These common spaces will slowly disappear. Yachts will start taking on the characteristics of a large house in the far East or the Caribbean, where the only internal parts that are fully enclosed are the bedrooms and perhaps the kitchen, or at least part of the kitchen. All the rest of the spaces are actually outside with only a covered roof.”The question of actualising design is a hot topic and there is a great dilemma at the moment for owners deciding which route to take: new-build or refit? On top of this though, “the consumer base has also expanded, owners are attracted by the possibilities and safety that a holiday at sea can offer, which in my opinion, has had a major impact on the second-hand sector,” Rivellini said. <img src="https://photo-assets.superyachttimes.com/photo/3103/image/large-3133bf450a2310e0ad55e44caffb2079.JPG" data-gid="gid://syiq/Photo/3103">A major problem though is that “there is a shortage of second-hand yachts. So there is a limit to what’s on offer, and what’s left has either been on the market for a while now or is very, very expensive. So people are looking more into possibilities for refits. I think that has more to do with the markets than with the pandemic, though,” Bais speculated.<a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Gatto</a> confirmed this sentiment; “There are a lot of older boats, say 10-15 years old, that are being sold and which need refitting – this is still a desirable and convenient option for many in terms of price, and also have in the time of turn around. So even people in a position to buy new are looking at refitting because it's faster.”<img src="https://photo-assets.superyachttimes.com/photo/206366/image/large-e2d9a4df2ff9be0619930848adc2f55f.jpg" data-gid="gid://syiq/Photo/206366"><img src="https://photo-assets.superyachttimes.com/photo/16338/image/large-120d929e0d2932a660b62e729ce47168.jpg" data-gid="gid://syiq/Photo/16338">“Another interesting trend is represented by the choice of the purchase of a ‘bigger’ second-hand yacht instead of an ‘appropriate’ size of a brand new yacht,” Ansalone added.Stefano de Vivo dismissed this though, “the ongoing pandemic never totally stopped us. We introduced the right precautions to allow the safety of our shipyards and workers, and we always worked hard to guarantee on-time deliveries. Let’s think of the first 2020 lockdown, as we managed to deliver some yachts overseas, in order to make our customers happy even in a very difficult moment.”The long and short of it for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is that “yacht builders need to adapt quickly to clients’ demands and the speed at which they change and grow in number, in order to remain competitive on the market by offering increasingly cutting-edge products and technical solutions that keep pace with evolving technology,” de Vivo said. <img src="https://photo-assets.superyachttimes.com/photo/170889/image/large-ad62b45ff4fcaff3c8777b9dcaceec0b.jpg" data-gid="gid://syiq/Photo/170889">This dynamism of the industry seemed to be a recurring theme throughout these discussions. <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Heywood</a> encapsulates this well: “Change is always in the mind of the designer, every new line on the paper will produce a challenge to the client and the builder, but it must always be an improvement and refinement to the design, ‘change for change's sake’ is a false god and an unproductive venture that will haunt and devalue the design.”It seems as though the pandemic has spurred on conversations and accelerated a changing attitude towards the very idea of what yachting is. Design changes are gurgling and slowly surfacing, but we shouldn’t expect great overhauls, we should expect small, nuanced and impactful design flourishes.

A conversation in design: What can we expect, now? 

Are we on the cusp of change? SYT’s Alexander Griffiths is joined by ten leading players in yacht design to find out the answer. 

43 Wallytender Tender News