Though the superyacht business is a relatively small industry, it is packed with international professionals from all walks of life, and it can certainly be easy to get lost in the sea of faces we're presented with at boat shows, yachting events and beyond. In this series of articles, we take a step back from rushed business meetings and hurried networking and sit down with professionals from across the wide spectrum of the superyacht business to learn more about who they are and what they do for the industry. This week, we get to know Mario Pedol, who together with Massimo Gino, founded and still runs the Italian brand <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Yachts</a>.<img src="/uploads/store/photo/35350/image/large-d8bf62bbf77b9eaf8e41fe3972db94a8.jpg" data-gid="gid://syiq/Photo/35350">From childhood, you have had a strong connection with the maritime world. You’ve also always been very ambitious, with your first Mini Tonner developed when still in University at 21 years old - the 3rd of which was sold to Pier Luigi Loro Piana. Tell us about that first step into the yachting industry.The Mini Tonner (Avventura 703) was my first adventure in the boating industry and, with 40 boats sold in two years, it was a success! The third unit in the series was sold to Pier Luigi Loro Piana. But our friendship really took off 10 years later when we designed for him the first version of My Song, the third Nauta 54’ (funny, actually, that he also ordered the third Avventura 703 and the third Nauta 54!<img src="/uploads/store/photo/35351/image/large-5bc15ed64fb552d8c769553066251132.jpg" data-gid="gid://syiq/Photo/35351"><img src="/uploads/store/photo/35354/image/large-43110dc76298a8e48255670daaa21dd6.jpg" data-gid="gid://syiq/Photo/35354">The first project of Nauta: the Nauta 54 My Song (above); Mario Pedol and Pier Luigi Loro Piana at YCCS (below) During the build of the 54’ we really began sharing ideas about the aesthetics and, above all, the philosophy of sailing boats and sailing. We found a perfect balance point between function, aesthetics and performance, all three elements that are equally important. It is a cocktail that we have always worked with and shared through the years, applying it to the three custom versions of My Song that we created together starting from a plain sheet of white paper. The second My Song (70’) became the first unit in a mini-series but being the first in the series we were completely free to create right from the drawing board. All the way up to the latest <a data-gid="gid://syiq/Yacht/5653" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Song39.6m (129'11&quot;)">40-metre version</a>, our sailing flagship has been very well received by boating experts and has won numerous awards, which makes us very proud.&nbsp;In 1978 you started a professional relationship with Oyster, emerging as the Italian dealer for the brand. You had a successful relationship with them for three years and sold a number of Oysters in Italy. What are your thoughts on the future of Oyster considering the announcement to go into administration and the consequent bailing out by Richard Hadida?&nbsp;I don’t know Richard Hadida personally so I don’t know his motivations or plans for the future, but I did work with Oyster’s founders in their early years and I was lucky enough to work with Richard Matthews, founder of Oyster Marine. I followed their success story and saw them making the correct choices towards building more cruising oriented yachts. I’m sure that there is room in the market for that type of yacht. I hope they can get a fresh start and enjoy success.&nbsp;<img src="/uploads/store/photo/17878/image/large-b232c80770a693579ca014037dfe9526.jpg" data-gid="gid://syiq/Photo/17878">You are a passionate sailor, and in the early 80s you took a year out and sailed back and forth from the Caribbean. Tell us about your personal experience doing that - why you love sailing - and how that experience has played into your career.&nbsp;That was a very important experience for me because of my Oyster dealership, Oyster Marine Agency, suddenly wasn’t competitive because the value of the Pound spiked against the Italian Lira, pricing Oyster yachts out of the Italian market. So I decided to sail my Oyster to the Caribbean and to live aboard for a year. This turned out to be a fundamental experience for my future career as a yacht designer because there’s nothing more important than sailing and living aboard a 37’ yacht for understanding what is really fundamental and what you always have to keep in mind when you’re designing. In its own small way, the 1977 Holman &amp; Pye designed Oyster 37’ that I owned already had that aforementioned special cocktail of three ingredients: aesthetics, function and performance.<img src="/uploads/store/photo/35352/image/large-b8b62fa24f623664f8443f4a10e65ddd.jpg" data-gid="gid://syiq/Photo/35352">Mario Pedol's 37' Oyster The sailing yacht market has been in decline for a while, with fewer and fewer new sailing yachts emerging year by year. Where do you see areas of improvement for the sailing industry?&nbsp;I’m happy to say that in the sailing market sector we work in - yachts from 10 to 40-metres - we’re still growing. We have been either producing more designs or have seen a larger total length of yachts produced every year. There has been a decline in the numbers of series yachts produced in the worst years from 2008-2012, but in our studio, we haven’t seen a decline in the number of 20 to 40-metre custom and semi-custom projects that we sold. In fact, we have grown.&nbsp;I think that it’s fundamental to stay innovative and to never be happy with what’s already on the market, what already looks familiar. But you still have to keep in mind the right balance of aesthetics, function and performance… The crisis years weeded out and filtered a lot of what was on the market and also stimulated us to be more innovative and to think outside the box, something that’s important to us when we’re designing both sailing and motor yachts.<img src="/uploads/store/photo/20977/image/large-5e79265ada97e6881c7e6a27af4ab35d.jpg" data-gid="gid://syiq/Photo/20977"><img src="/uploads/store/photo/17872/image/large-66a5c0799febc00bbcfc0b6b5f62faa7.jpg" data-gid="gid://syiq/Photo/17872">The Baltic 115&nbsp;<a data-gid="gid://syiq/Yacht/5655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nikata35.0m (114'10&quot;)">Nikata&nbsp;</a> What’s on your drawing boards right now, and what can we expect to see in the future?Our most recent sailing yacht projects are the Southern Wind 96’ (with two hulls launched in the past year and a third under construction) and the Southern Wind 105’ (the first hull is launched, two more are under construction). Then there are the Mills-Nauta 75’ for Maxi Dolphin and the second hull in the Advanced 80 series. Both of these projects will be launched this summer.&nbsp;We’re also working on a new 100’ custom, with very aggressive and modern lines and we’re doing the interiors of a custom 100’ catamaran. We’re also doing the new interiors of G2 (ex Cinderella IV), redesigned by Nauta in occasion of the refit, and we’re working on a new 42-metre. monohull for a famous European shipyard. You’ll see that in the fall at the boat shows! <img src="/uploads/store/photo/28795/image/large-8cf614595fd3b360ea4fe532f7bcf81b.jpg" data-gid="gid://syiq/Photo/28795">The Southern Wind 105'&nbsp;Seatius&nbsp;at her launch in Cape Town Still on the drawing board for prospect clients, we have a 130’ and a 145’, both blue water sailing yachts that are high performance and in composite construction, with Gran Turismo performance characteristics. Sort of like modern Range Rovers- step on the pedal and they fly! &nbsp;We also have several interesting motor yacht projects underway, but we can’t talk about them just yet…&nbsp;

Baltic 115 - Nikata

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My Song

Nikata sailing

Seatius launchat Southern Wind  in Cape Town

Nauta's Massimo Gino and Mario Pedol 

First project of Nauta Design - the Nauta 54 My Song in 1987

Mario Pedol's 37' Oyster sailing yacht 

Mario Pedol and Pier Luigi Loro Piana at YCCS

5 Questions with… Nauta’s Mario Pedol 

<a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International (RYI)</a> has announced their expansion to Miami and the appointment of JC Weller as Senior Sales Broker and Area Manager.&nbsp;In his new role, Weller will lead <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYI</a>’s Miami sales operations, bringing with him a wealth of luxury yacht sales experience and knowledge of the Miami market. <img src="https://photo-assets.superyachttimes.com/photo/352955/image/large-35c5f1ccd319ea19c6c3e840871d9345.jpg" data-gid="gid://syiq/Photo/352955">The expansion and new appointment are aimed at strengthening the brokerage firm’s presence in the Americas, providing service to the <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYI</a> clients worldwide.&nbsp;“Miami's prominence as a yachting hub makes it the perfect location for <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYl</a>'s expansion, offering seamless access to ultra-high-net-worth clientele, world-class marinas, and the vibrant South Florida lifestyle,” <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYI</a> stated in a press release.&nbsp;

Royal Yacht International expands to Miami and appoints JC Weller as Area Manager 

Royal Yacht International (RYI) has announced their expansion to Miami and the appointment of JC Weller as Senior Sales Broker and Area Manager. 


<a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> has announced the return of Michael Bach to its team as a Sales &amp; Purchase Consultant, based in Fort Lauderdale.<img src="https://photo-assets.superyachttimes.com/photo/352822/image/large-2ccb0359b8639d8dc12ac83dfed694fd.jpg" data-gid="gid://syiq/Photo/352822">Michael brings a wealth of experience to the role, with a lifelong passion for yachting that began in the American Midwest, where he raced one-design yachts extensively and competed at a collegiate level while attending the University of Wisconsin.After graduating with a BA in English Literature, he transitioned into professional yachting, working his way up from chartering in the Caribbean to racing in the Mediterranean, the Caribbean and the Pacific.In 1992, Michael relocated to San Diego to take a position as a service representative for Barient/Sparcraft during the America’s Cup. Over the past 25 years, he has gained extensive experience representing leading new build and service yards, including <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a>, <a data-gid="gid://syiq/Company/228" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Intermarine S.p.A. (Company)">Intermarine</a> and <a data-gid="gid://syiq/Company/243" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich Shipyards (Company)">Rybovich</a>.&nbsp;His expertise spans working with the brokerage community, yacht owners and managers, as well as participating in high-profile marketing events and sales efforts. His deep understanding of yacht construction and maintenance costs provides valuable insight to his clients.Michael will be attending the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show 2025</a>. <img src="https://photo-assets.superyachttimes.com/photo/352305/image/large-e168a45f3f72806a700775e758e22898.jpg" data-gid="gid://syiq/Photo/352305">SuperYacht Times at Palm Beach International Boat ShowSuperYacht Times will be attending the show alongside their partners, YachtEye, a leading guest information system. As an official media sponsor, SuperYacht Times will be hosting three panel discussions at the new indoor pavilion in the Superyacht Show at Palm Harbor Marina.Read:&nbsp;<a data-gid="gid://syiq/Article/62855" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Speakers announced for PBIBS 2025 panel discussions (2025-03-13 16:00:00 +0100)">Speakers announced for PBIBS 2025 panel discussions</a><img src="https://photo-assets.superyachttimes.com/photo/352330/image/large-a26b723cab1504b36c8f2f735596e13d.jpg" data-gid="gid://syiq/Photo/352330">You can also meet with our Sales or Editorial Teams, where Sales Managers Justus Papenkordt and Nuri Ozkaya will be available to connect with at <a href="mailto:sales@superyachttimes.com" title="">sales@superyachttimes.com</a> or you can meet with News Editor Sophie Spicknell and Features Editor Emma Dailey by emailing <a href="mailto:news@superyachttimes.com" title="">news@superyachttimes.com</a>.Attendees can schedule meetings with Daniel van Dongen, Sales Manager for YachtEye by reaching out via email to <a href="mailto:daniel@yachteye.com" title="">daniel@yachteye.com</a>.Ralph Dazert, SuperYacht Times’ Head of Intelligence will also be available to offer demos of SuperYacht iQ, the industry’s number one data intelligence database. To book a meeting with Ralph, reach out to him at <a href="mailto:ralph@superyachttimes.com" title="">ralph@superyachttimes.com</a>.

Michael Bach returns to Ocean Independence as a Sales & Purchase Consultant

Ocean Independence has announced the return of Michael Bach to its team as a Sales & Purchase Consultant, based in Fort Lauderdale.

UK-based brokerage <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> International Boat Sales has announced a strategic restructuring of its sales team, following sustained business growth. The restructuring includes a series of internal promotions and new appointments designed to enhance operational efficiency and strengthen Ancasta’s market presence across the UK and Europe.Nick Griffith, Managing Director of <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> Group, commented on the changes: “This is an exciting time for <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> as we continue to build on our success and strengthen our position in the industry.”<img src="https://photo-assets.superyachttimes.com/photo/352299/image/large-091cf5649b28b74316e89eb2366b5e4d.jpg" data-gid="gid://syiq/Photo/352299">Stuart Brotherton | Sales Network DirectorStuart Brotherton has been promoted to Sales Network Director, where he will manage and develop <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s network of 22 brokerage offices across the UK and Europe.Stuart joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2015 as Brand Manager for <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Sail, expanding his role in 2020 to include <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Power. In his new position, Stuart will also focus on developing Ancasta’s franchise network to strengthen the company’s presence across Europe. Additionally, he will play a key role in supporting new boat brand managers across <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s portfolio of premium power and sail brands."As part of our ongoing commitment to fostering talent and driving professional growth, this strategic restructuring has led to well-earned internal promotions, role expansions, and the recruitment of new expertise to further enhance our team,” added Nick Griffith.<img src="https://photo-assets.superyachttimes.com/photo/352295/image/large-5b8e5f0916ef0e53c444559ef9e807d1.jpg" data-gid="gid://syiq/Photo/352295">James Douch | Beneteau Sail Brand ManagerJames Douch has been appointed as <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Sail Brand Manager, succeeding Stuart Brotherton.James joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2015 as a broker in the Lymington office and later became Brokerage Office Manager. His background includes experience across various sectors of the marine industry, including helming the RNLI Lymington Lifeboat.In his new role, James will focus exclusively on new boat sales within <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a>’s range of cruising and performance sailing yachts. He will also lead a team of brand specialists to further strengthen <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s long-standing relationship with <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a>.<img src="https://photo-assets.superyachttimes.com/photo/352298/image/large-638d2ca8c2f7fdbb773ab916930a53f2.jpg" data-gid="gid://syiq/Photo/352298">Sam Room | Beneteau Power Brand Manager<a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Power brand management will now be overseen by Sam Room, who currently serves as Brand Manager for Prestige Motor Yachts.Sam joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2016 as a broker at the Port Solent office before becoming Brokerage Office Manager in 2017. He was promoted to <a data-gid="gid://syiq/Company/7020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prestige Yachts (Company)">Prestige</a> Brand Manager in 2020.By taking on the additional responsibility of <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Power, Sam reinforces his position as <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s in-house authority on high-end powerboat sales.<img src="https://photo-assets.superyachttimes.com/photo/352297/image/large-bab74a4b982cc0e625a87cc1db052067.jpg" data-gid="gid://syiq/Photo/352297">Oliver Windsor | Lymington Brokerage Office ManagerOliver Windsor has been appointed Lymington Brokerage Office Manager. Oliver joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2021 as a broker at the Port Hamble office.With a master’s degree in international management, Oliver brings expertise in client relations, sales, and business management, gained through high-level internships in the UK and overseas. His combined skills and passion for the marine sector position him well to lead the Lymington brokerage team.<img src="https://photo-assets.superyachttimes.com/photo/352296/image/large-763d00257ef057a87e791a2d0ff54841.jpg" data-gid="gid://syiq/Photo/352296">“<a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> is privileged to have some of the most experienced yacht brokers and industry specialists in the sector, and we are delighted to support their career progression as our business continues to evolve and expand,” concluded Nick Griffith.As well as this, <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> is currently recruiting a new sales broker for the Port Hamble office to replace Oliver Windsor, as well as additional sales brokers to strengthen its teams at Port Solent and Noss on Dart. These new appointments will be announced in due course.

Ancasta announces new appointments

Ancasta International Boat Sales has announced a strategic restructuring of its sales team, following sustained business growth.

Ancasta announces new appointments and strategic restructuring of sales team

Based on the consolidated results as of 31 December 2024 and the progression of order intake during the year, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has provided its guidance for 2025. This guidance reflects the performance levels reached in 2024 and accounts for the full-year consolidation of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, anticipated to influence revenue growth and margins.<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> forecasts net revenues from new yachts to reach between €960 million and €1,020 million, marking a growth of approximately six percent compared to €930.4 million achieved in 2024. EBITDA is projected to increase moderately, ranging from €178 million to €194 million, up around five percent from the €176.4 million recorded in the previous year. The EBITDA margin for 2025 is expected to remain relatively stable, between 18.5 percent and 19 percent, compared to the 19 percent margin achieved in 2024.<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> anticipates EBIT in the range of €139 million to €149 million for 2025, reflecting a growth of around three percent from €139.3 million in 2024. EBIT margin is expected to slightly decrease to between 14.5 percent and 14.6 percent, compared to the previous year's margin of 15 percent.<img src="https://photo-assets.superyachttimes.com/photo/302095/image/large-5c81b855a83c4129bca77da30b2ee896.jpg" data-gid="gid://syiq/Photo/302095"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s net profit guidance for 2025 is set between €103 million and €110 million, representing an approximate three percent increase from the €103.1 million reported in 2024. The company plans to maintain a steady investment level, forecasting between €48 million and €50 million, slightly below the €49.3 million invested during 2024. The incidence of investments as a percentage of net revenues from new yachts is anticipated to decrease marginally to around 4.9 percent from the 5.3 percent observed in the prior year.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">The backlog for 2025 amounts to €623.1 million, offering clear visibility on projected revenues for the current fiscal year. As of 1 January 2025, this backlog represents 63 percent coverage at the midpoint of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s stated financial guidance.

Sanlorenzo releases 2025 financial outlook

Based on the consolidated results as of 31 December 2024, Sanlorenzo has provided its guidance for 2025.

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Sanlorenzo’s 2025 guidance: Net revenue from new yachts to reach €960M-€1.02B

<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 (CdM)</a> has announced the opening of their Americas office, for which they have appointed Nick Bischoff as the Area Manager.&nbsp;<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has opted to establish a permanent presence in the Americas after receiving an increasing number of owners from the US, Central and South America. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has already sold or delivered over a dozen explorer yachts in the region to date, including the Darwin 86 yacht and the Flexplorer 165.The transition not only aims to heighten the Italian shipyard’s commercial success but also provide support to clients, surveyors, captains, and professionals involved with <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> and their explorer yachts.<img src="https://photo-assets.superyachttimes.com/photo/351985/image/large-87059ccf27913abac16ee4e7423ba519.jpg" data-gid="gid://syiq/Photo/351985">The newly appointed Area Manager Nick Bischoff, who has extensive experience in sales and a large network, will be leading this initiative. The newly established <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> Americas office is now joining <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> Australia for support aimed at international clients. &nbsp;Vasco Buonpensiere, co-founder and CEO of <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>, commented: "We are extremely glad to welcome Nick in our tribe. We are sure that his expertise and deep understanding of the market will further strengthen our brand across the Atlantic."As a second-generation marine industry expert, Bischoff was brought up in the yacht sales business by his father, who had a career in New England, Hawaii and Florida. With a Bachelor's in Business Management, Bischoff was appointed at the boat builder <a data-gid="gid://syiq/Company/5884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boston Whaler (Company)">Boston Whaler</a>, leading him to work with brands such as Allied Richard Bertram Marine Group, Tiara Yachts and <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>. Over the past seven years, Bischoff has managed <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s Americas office.&nbsp;“I am excited to join <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> and look forward to collaborating with the brokerage community and the <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> shipyard to deliver the ultimate client experience,” Nick Bischoff concluded.&nbsp;

CdM opens Americas office and appoints Nick Bischoff as Area Manager 

Cantiere delle Marche (CdM) has announced the opening of their Americas office, for which they have appointed Nick Bischoff as the Area Manager. 

<a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> has announced the appointment of Alexander von Stein as their new Chief Operating Officer (COO).&nbsp;Bringing with him extensive international yachting knowledge, von Stein’s new role will see him manage the operational area, while also working with professionals from <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>’s teams that operate in the Mediterranean, the Caribbean and the Middle East. <img src="https://photo-assets.superyachttimes.com/photo/351320/image/large-6eb0ca6b75decb4edd43ebdae84b1ba5.jpg" data-gid="gid://syiq/Photo/351320">Alexander von Stein, COO of <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>, commented: “I am honoured to join <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> as Group Chief Operating Officer at such an exciting time for the company. <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a> has established itself as a leader in the yachting industry and I look forward to working closely with the team to elevate operational standards, enhance client experiences and drive sustainable growth.”von Stein boasts three decades worth of yachting experience, ranging from yacht finance to international yacht sales and yacht building. Furthermore, he served as a Yachting Advisor for IRI / The Marshall Islands Registry.&nbsp;As the new COO, Alexander von Stein will focus on the coordination and development of ports, along with the optimisation of operations in all areas where <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> operates.“My focus will be on expanding our already talented team, strengthening our services and fostering a culture of excellence that sets new benchmarks in the industry. <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a>’s commitment to client satisfaction and digital innovation aligns perfectly with my own passion for delivering the highest standards in yachting services,” von Stein concluded.&nbsp;

Alexander von Stein joins Acquera Yachting as COO 

Acquera Yachting has announced the appointment of  Alexander von Stein as their new Chief Operating Officer (COO). 


Last year, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> completed two prominent acquisitions. In March 2024, the company purchased <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, a leading yacht sales, brokerage, and service company in Asia from forty years, followed by <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, a sailing yacht builder with facilities in Finland. These developments have been crucial for strengthening <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s presence in the Asian market and diversifying its product offering to include sailing yachts for the first time.SuperYacht Times Features Writer Enrico Chhibber met with Massimo Perotti, Executive Chairman of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, to discuss the company’s current strategy – including its venture into sailing yachts, its initiatives in Asia, and consolidation – along with expansion plans.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">Why Sanlorenzo went public<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> went public in 2019 and has since sustained one of the highest market capitalisations among superyacht yards. In discussing the decision to go public, the executive chairman Massimo Perotti highlighted three key reasons. The foremost was family-oriented; he aimed to ensure that his children would not feel compelled to follow in his footsteps. “By transitioning <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to a public company,” Perotti explained, “my children have the flexibility to either remain major shareholders or to step into management roles without obligation.”The second reason Perotti cited for taking <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> public involves enhancing management quality. "Being on the stock exchange enables us to attract and retain top talent," he stated. “Offering stock options not only provides substantial value to our managers but also aligns their interests with the long-term success of the company.” This approach has resonated positively across our network, from suppliers to customers, who perceive <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> as a robust, financially solid entity," added Perotti."Last but not least, going public necessitates stringent regulatory compliance," explained Perotti. Perotti believes that this structured environment progressively improves both the quality of the personnel and the overall performance of the company. "Normally, a company owner might resist strict rules. However, although these regulations might limit my autonomy, even dictating my salary, there's a significant upside. Our management team must adhere to rigorous standards, including quarterly financial reporting. This discipline ensures they operate within a more professional framework," he continued.<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979">Emerging Markets: From Asia to the Middle EastWith the acquisition of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is significantly expanding its presence in emerging markets. “Our expansion discussions intensified following our acquisition of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, which underscored our need to strategically extend our reach,” Perotti explained. “In meetings with our managers, we identified key drivers of our growth. One pivotal decision was to establish a foothold in Australia, leading to the opening of an office in Sydney. Simultaneously, we aimed to solidify our presence in markets where we were notably absent, such as Vietnam, with the opening of a showroom in Ho Chi Minh City, in collaboration with our partners <a data-gid="gid://syiq/Company/6836" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O2xH2O (Company)">O2H2O</a>,” he noted. Perotti emphasised the strategic importance of these expansions. Maintaining a presence in these emerging markets is crucial for long-term growth and visibility."While the future increasingly leans towards Asia, driven by rising wealth in the region, the standout market in 2024 so far has been the Middle East," stated Perotti. "There, we have significantly increased our market share."<img src="https://photo-assets.superyachttimes.com/photo/304490/image/large-104a9d5eb68d8ab0b2ac9fe71408ac84.jpg" data-gid="gid://syiq/Photo/304490">Sanlorenzo’s current focus“We need to consolidate the two companies that we have recently brought into the Group,” pointed out Perotti, who emphasised the magnitude of this task. “They are very far apart - <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is based in the Asia-Pacific region, quite a distance from our core operations, and the second is in Finland, at 250-kilometres from the Artic Pole. Additionally, the Finnish acquisition introduces us to sailing yachts, a product previously unfamiliar to us," he added, highlighting the new challenges this sector presents.As <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> continues its expansion, a key question emerges: How will the company maintain the distinct identities of each brand within its portfolio? Perotti addressed this concern with a definitive approach. “This is a deliberate choice, not happenstance,” Perotti asserted. “Although we operate fundamentally as a mono-brand entity, both <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/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, retain unique identities within the group. From a marketing standpoint, and particularly in how we represent ourselves, <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/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> are organised and communicated about separately, ensuring each brand preserves its unique identity."<img src="https://photo-assets.superyachttimes.com/photo/296254/image/large-8b449694c11eabcc53398b61357941c7.jpg" data-gid="gid://syiq/Photo/296254">As Perotti outlined <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s strategy, he emphasised a distinctive approach compared to competitors who typically showcase multiple brands together at the same stand. Perotti highlighted this as a core philosophy of the group, asserting that “luxury equates to scarcity and a mono-brand strategy.” He noted that this approach has served the company well, reflecting positively in their financial performance.<img src="https://photo-assets.superyachttimes.com/photo/326529/image/large-6ee3e933ce2f68982afaac99e4bf3877.jpg" data-gid="gid://syiq/Photo/326529">Larger Nautor Swan Yachts in ViareggioAt the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, Perotti announced that <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> would be expanding the size range of its yachts to include models over 40-metres, to be constructed in Viareggio. In discussing the decision to increase the size segment of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> yachts, Perotti cited market dynamics as the driving factor. “The market is expanding because the UHNWI, who are mature individuals from well-established markets, increasingly prefer larger sailing yachts. Their preference is influenced by concerns about pollution and sustainability, which aligns with their values,” he explained.The second reason for acquiring <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> and expanding its size range, as Perotti explained, is the limited supply in the market. “There are only two main yards that specialise in large sailing yachts, <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/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a>, both Dutch companies. This highlights a gap for a prominent Italian brand in the large sailing yacht market,” he noted.Perotti explained that the decision to shift certain production aspects to Viareggio is based on the area's historic supply chain and skilled labour force. “Viareggio has more than forty years of experience in building high-quality yachts,” he affirmed. “Being in Viareggio allows us to leverage this extensive expertise.” However, Perotti acknowledged that the name for the larger range has not yet been disclosed. “With a heritage name like <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>,” he added, “we have the opportunity to introduce a new product line above 40-metres, incorporating the sustainable technology we have implemented at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.”<img src="https://photo-assets.superyachttimes.com/photo/326530/image/large-b55157a3c4800e17e5cf55e5f4ec035d.jpg" data-gid="gid://syiq/Photo/326530">Plans in USARegarding future plans for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, Perotti revealed a focus towards America. “We plan to increasingly move our operations to America over the next three years,” he stated. “We recognise America as today’s leading market, where the number of yacht builders is diminishing. Fifteen years ago, many significant brands that were operational are no longer in existence, and we plan to fill this gap by establishing our presence on the Northeast coast.”<img src="https://photo-assets.superyachttimes.com/photo/250520/image/large-0a3fbeca280e8c3933c53ff570e0aa4f.jpg" data-gid="gid://syiq/Photo/250520">

Massimo Perotti on Sanlorenzo’s acquisitions and future plans

SYT met with Massimo Perotti to discuss the company’s current strategy including its venture into sailing yachts and its initiatives in Asia.




The Kingdom of Bahrain, an archipelago situated in the Arabian Gulf and located to the east of Saudi Arabia. Known in Arabic as “the two seas,” Bahrain’s name references its distinctive environment, where freshwater springs are interspersed within saline sea beds. This geographical characteristic is a defining element of the nation’s landscape.While much of the discourse in the yachting sector within the Gulf region has centred on developments in Saudi Arabia and the United Arab Emirates (UAE), Bahrain also has the potential to emerge as a key yachting destination in the Gulf. This capability is supported by its infrastructural developments, enhanced yacht building capabilities and the allure of its key attractions as a cruising destination.SuperYacht Times Features Writer Enrico Chhibber met with Captain Abdulla Al Merbati, Chief Executive Officer of <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> Shipyard, at <a data-gid="gid://syiq/Event/258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai International Boat Show - 2025">Dubai International Boat Show</a>, to discuss the history of <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> the various marina projects underway in Bahrain and what the kingdom has to offer as a cruising destination.<img src="https://photo-assets.superyachttimes.com/photo/350476/image/large-ca7eea7b32535e88d8d3524834ee8471.jpeg" data-gid="gid://syiq/Photo/350476">History and rebranding at&nbsp;<a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a>&nbsp;Founded in 1989 initially as a family business, <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> is one of the oldest yacht builders in the Gulf Cooperation Council (GCC) region and has since become part of the fully corporate governance structure of Bahrain. Its parent company, the Mumtalakat Holding Company, serves as the economic arm of Bahrain. “We specialise in building composite and fibreglass boats for a variety of sectors, not just for individual and leisure use,” explained Al Merbati. “As you can see, we are also involved in producing utility boats for transportation, tourism services and surveys. Additionally, we extensively serve the military sectors. We are involved not only in governmental projects within the GCC, but also on a global scale,” he added.&nbsp;Al Merbati proceeded to highlight <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a>'s new strategic plan, which involves creating a distinct identity for <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> yachts through the introduction of a seven-series range, from seven to 18-metres, in cooperation with <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>. Over the past five years, <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> has expanded its network across numerous countries. “We are now represented by official dealers in the Far East, including the Maldives, Thailand and Indonesia and have extended our reach to Turkey and the Caribbean, specifically to the French islands of Martinique and Guadeloupe,” explained Al Merbati.<img src="https://photo-assets.superyachttimes.com/photo/350475/image/large-c14e279d6d38df56d9f5eaffe32534ab.jpg" data-gid="gid://syiq/Photo/350475">Marina developments in Bahrain"Given the mismatch between the number of yachts and the available berths in Bahrain, coupled with the growing interest in the boating lifestyle in the Gulf region, we have seen significant infrastructure progress," noted Al Merbati. "In the last two years, waterfronts have been constructed and started operations; we also have well-appointed marinas in the northern side of Bahrain."Captain Al Merbati provided further details on the capacity of the current marinas in Bahrain to accommodate superyachts. "Our infrastructure can support superyachts at two marinas, where we are equipped to berth yachts ranging from 24 to 76-metres. Each marina can accommodate three or four yachts of this size" he explained. He also noted, "However, the majority of berths cater to yachts between 13-metres and 22-metres, which are the most common sizes in Bahrain."On future marina developments, Al Merbati stated, "Three more marina development projects are underway to address this supply and demand imbalance." He added, "Customers are increasingly looking to own bigger yachts," underscoring the need for expanded facilities.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/350880/image/large-def0fe807c2ccfcacef92c350c5f6502.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20250303%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20250303T095232Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=5646c11d9d72e2d1058ad54d227ae13550f58667021349fa32b7e497c05876c7" data-gid="gid://syiq/Photo/350880">Regarding the management of marinas and associated logistics, Al Merbati explained that <a data-gid="gid://syiq/Company/8098" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Masar (Company)">Masar</a>, a sister company to <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> under the Mumtalakat umbrella, recently signed a contract with Captain’s Club. "They are responsible for managing boats and yacht chartering and are now looking to establish a branch in Bahrain," he stated. "They plan to oversee operations at one of the new marinas, ensuring their presence in the Bahraini market."Expanding on this, Al Merbati added, "the Captain’s Club is working in cooperation with Marsar, purchasing yachts and offering annual memberships. This model attracts individuals who may not wish to own a boat, but would like the flexibility of using one a few times a year." He noted that this concept has gained popularity not only in Bahrain but across the region as a way to attract more yachts and increase marina activity.<img src="https://photo-assets.superyachttimes.com/photo/350474/image/large-7c56b5284ac2f0030a7f20ffd86a6390.jpg" data-gid="gid://syiq/Photo/350474">Bahrain as a potential cruising destinationThe Kingdom of Bahrain comprises 33 islands, with Bahrain Island being its largest land mass and Manama, the capital, located on this main island. The surrounding shallow waters make it ideal for cruising, especially for yachts up to 24-metres in length. However, larger yachts exceeding this length have access to designated zones where the water depth accommodates safe navigation.<img src="https://photo-assets.superyachttimes.com/photo/285488/image/large-56669c82-5c3b-46e1-b7c9-214445a7ddb4.jpeg" data-gid="gid://syiq/Photo/285488">Bahrain's rich maritime heritage, particularly in pearl diving, adds to its appeal as a cruising destination. This historic activity is well-documented, with the pearls harvested locally and known worldwide for their natural quality, setting them apart from synthetic varieties. Today, Bahrain continues to offer a range of nautical excursions, including sightseeing, fishing and diving trips, leveraging its picturesque waters and historical significance to attract maritime enthusiasts from around the globe. For Bahrain to become a sought-after cruising destination in the Middle East, significant progress in marina developments is essential to accommodate larger superyachts. Combined with a concerted effort to adjust regulations to allow charter activities and other commercial operations for superyachts, this approach will further promote Bahrain as a key destination within the Gulf region. Al Merbati acknowledged these strategic efforts, stating, "This is the plan for the future."<img src="https://photo-assets.superyachttimes.com/photo/350878/image/large-7ab898dfe4e872aef5503c4dbe866144.jpg" data-gid="gid://syiq/Photo/350878">

Al Dhaen's new strategy and Bahrain's potential

history of Al Dhaen Shipyard, the various marina projects underway in Bahrain and what the kingdom has to offer as a cruising destination.

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CEO Captain Abdulla Al Merbati on Al Dhaen's new strategy and Bahrain as a cruising destination

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced its consolidated preliminary financial results for the year ending 31 December 2024, revealing an all-time high order book of €1.7 billion, representing a 25.5% increase compared to September 2024 and an 11.6% rise from December 2023. <img src="https://photo-assets.superyachttimes.com/photo/350789/image/large-c5e7772ab36c040f572e914a0805ba03.jpg" data-gid="gid://syiq/Photo/350789"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> surpassed its 2024 financial guidance, achieving an EBITDA margin of 16.2%, which exceeded expectations. The Group also positioned itself in the upper range of net revenue for new yachts, reporting €1,173.3 million, a 5.6% increase compared to 2023.&nbsp;The company recorded an adjusted EBITDA of €190 million, reflecting a 12.3% increase from the previous year. This improvement also saw a 100 basis point rise in the EBITDA margin, underlining the Group's operational efficiency and cost management capabilities. Net profit for the year reached €88.2 million, marking a 5.6% increase compared to 2023, demonstrating <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>'s robust profitability and financial strength.Order intake for 2024 totalled €1,139.3 million, a 1.7% rise compared to 2023, indicating sustained demand for <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s innovative yacht designs. Meanwhile, the company’s net backlog reached an all-time high of €900 million, reflecting a solid sales pipeline and strong future revenue potential. Additionally, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reported a net cash position of €124.6 million as of 31 December 2024, showcasing the company’s solid financial health and liquidity.<img src="https://photo-assets.superyachttimes.com/photo/345521/image/large-c503c4b1b56b0be396deea8d6d5952b8.jpg" data-gid="gid://syiq/Photo/345521">Commenting on the results, Alberto Galassi, Chief Executive Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, stated: “We close 2024 with great optimism and the satisfaction of having achieved extraordinary milestones. Our steady growth year after year has allowed us to reach unprecedented results, both in terms of order backlog and margins. This confirms the solidity of our strategy and the strength of our brands in the market.”Galassi attributed the record order backlog of €1.7 billion to exceptional performance in the last quarter and the continuous trust placed by customers in Ferretti Group's innovation, quality, and reliability. “This is our best result ever, driven by our ability to maintain high profitability levels and maximise resource efficiency,” he added.Looking forward, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> aims to build on its success by investing in global expansion, technological innovation and an enhanced product range. Galassi emphasised the company’s commitment to solidifying its leadership in the luxury yacht market, stating: “These achievements strengthen our determination and propel us forward with even greater momentum.”<img src="https://photo-assets.superyachttimes.com/photo/337395/image/large-b21c8dce6b0a752fa00960f4ee72784f.jpg" data-gid="gid://syiq/Photo/337395">In addition to its financial achievements, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> also announced key changes to its leadership and governance structure. The Board of Directors appointed Tan Ning and Hao Qinggui as directors by co-optation.&nbsp;The Board also approved new compositions for the Remuneration Committee, Sustainability Committee and Strategy Committee, ensuring the Group’s governance structure remains aligned with its growth ambitions. Additionally, a new director was appointed to oversee the internal audit and risk management system.

Ferretti Group reports all-time high order book of €1.7B in 2024

Ferretti Group has announced its consolidated preliminary financial results for the year ending 2024, revealing an order book of €1.7 billion.

Law firm <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood LLP</a> has announced the appointment of Linda Roxburgh as partner. Linda joins the firm from Wikborg Rein LLP, bringing with her over a decade of experience from magic circle firm Allen &amp; Overy (now A&amp;O Shearman).Linda specialises in all aspects of transactional yachting and superyachting, including construction, conversion and refit contracts, sale and purchase agreements, ownership structuring and registration, financing and chartering. <img src="https://photo-assets.superyachttimes.com/photo/350744/image/large-b1c4ac66da6315383525da5e6e4b33f0.png" data-gid="gid://syiq/Photo/350744">Her client base includes ultra-high-net-worth individuals, high-net-worth individuals, private family offices, designers, project managers, financial institutions and arrangers. This breadth of experience positions Linda as a key player in the yacht and superyacht sector."Linda's skill set aligns perfectly with our dynamic strategy for the firm's maritime practice and the superyacht team in particular,” commented Ian Mace, Global Head of Maritime Trade and Offshore Finance at <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood</a>.“Her addition is the latest in a series of significant hires across our international network of offices. The maritime sector is a key area of strategic focus for the firm and our superyacht team remains a core element of that strategy.”In addition to her expertise in superyachting, Linda brings extensive experience in commercial maritime finance, including structured secured and unsecured financings, sale and purchase transactions, leasing and long-term charter agreements, and construction and conversion contracts. Her work on complex, multinational projects has seen her advise owners, financial institutions, leasing companies, private equity houses and project sponsors."As the yachting industry grows, the demand for specialised legal capability continues to increase,” concluded Ezio Dal Maso, Head of <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood</a>'s Superyacht Practice in Paris.“Linda's expertise in transactional yachting bolsters the firm's strong international practice. Continuing to grow our team in London is crucial, given the city's role as a hub for yacht brokers and family offices, and further enhances our ability to serve clients in this thriving sector.”

Linda Roxburgh joins Stephenson Harwood as partner

Law firm Stephenson Harwood LLP has announced the appointment of Linda Roxburgh as partner.

Stephenson Harwood appoints Linda Roxburgh as partner

The former yacht owner and Formula 1 team boss Eddie Jordan has died at age 76. A statement made by Jordan’s family on Thursday morning revealed that he had passed away in his Cape Town home following a cancer diagnosis in December 2024. The Irishman was the owner of several yachts, including the 45.6-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> sailing yacht Blush (now named <a data-gid="gid://syiq/Yacht/43" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mare Nostrum45.26m (148'6&quot;)Perini Navi2007">Mare Nostrum</a>) during his lifetime.&nbsp;As a former driver himself, the businessman won the Irish kart championship in 1971 but suffered an accident in Formula 3 in 1976, before transitioning to team ownership in the year 1979. <img src="https://photo-assets.superyachttimes.com/photo/353276/image/large-df8254dd787bb5de9005e52062fe4b28.jpg" data-gid="gid://syiq/Photo/353276">While his Eddie Jordan Racing team started with 12 people in 1987, it eventually amounted to 50 members once Jordan took part in F1 in 1991. Jordan enlisted engineer Gary Anderson to design their first F1 car, the 191, which still remains to this day.The CEO of F1 Stefano Domenicali commented: “We are deeply saddened to hear about the sudden loss of Eddie Jordan. With his inexhaustible energy he always knew how to make people smile, remaining genuine and brilliant at all times. Eddie has been a protagonist of an era of F1 and he will be deeply missed. In this moment of sorrow, my thoughts and those of the entire Formula One family are with his family and loved ones.”F1’s governing body, the FIA, echoed a similar sentiment, stating: “Eddie Jordan was a legend of Formula One. He made an invaluable contribution to global motor sport throughout his life. All of us at the FIA would like to send our deepest condolences to his family and friends at this very difficult time. Eddie will always be remembered as a great sportsman and passionate ambassador for Formula One on and off the track.”

Former yacht owner and F1 team boss Eddie Jordan passes away 

The former yacht owner and Formula 1 team boss Eddie Jordan has died at age 76. 


The first renderings and details of the eighth 37.4-metre in-build <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 122 Martinique motor yacht have been shared by <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> and <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> during the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show</a>. <img src="https://photo-assets.superyachttimes.com/photo/353247/image/large-103d00c81372f41a6d5209032db0eee1.png" data-gid="gid://syiq/Photo/353247">Due to be delivered in September 2025, the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 122 Martinique YN206 yacht is on the market with Richard Gray and Matthew Stone of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. She features exterior design by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a> and naval architecture crafted by <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design (Company)">Diana Yacht Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/353248/image/large-6f2c16cff1a8c1eaed39230adea4fc65.png" data-gid="gid://syiq/Photo/353248"><img src="https://photo-assets.superyachttimes.com/photo/353249/image/large-28da8147ca4896e1e32e4330f8d12658.png" data-gid="gid://syiq/Photo/353249">Composed of high-tensile steel, the fast-displacement yacht is the first Martinique to be adorned with interiors penned by the Dutch studio <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack Yacht Design</a>. "<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> gave us the creative freedom to propose an original interior concept for this popular series yacht, which felt like an ideal opportunity to celebrate the strength and vision of our shared Dutch heritage,” explained <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a> co-creative director, Marnix Hoekstra. <img src="https://photo-assets.superyachttimes.com/photo/353254/image/large-b4d5ec8e5a62ef4dd1abbd818e4c8724.png" data-gid="gid://syiq/Photo/353254">“At <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, we believe that interior design is more than just aesthetics - it’s a deeply personal experience. With a meticulous approach and a passion for creativity, we’ve infused the interior of YN206 with a unique vision and a touch of Dutch pride. Each step of the process is a journey, transforming inspiration into a beautiful reality crafted just for you,” added Hoekstra.At a volume of 345 GT, the vessel is able to sleep as many as 12 guests across a five stateroom configuration, while further accommodation is available to support a crew of up to seven members. <img src="https://photo-assets.superyachttimes.com/photo/353260/image/large-205dd59a67fb76fefae11db161fcd131.png" data-gid="gid://syiq/Photo/353260"><img src="https://photo-assets.superyachttimes.com/photo/353261/image/large-70f696c82bab2559250b72c8e693d992.png" data-gid="gid://syiq/Photo/353261">Among the yacht’s most standout amenities is her full-beam owner’s suite located on the main deck, which spans 37-square-metres and boasts forward-facing windows with 180-degree views. Remaining guests are hosted in two VIP ensuite staterooms and two additional staterooms on the lower deck. The main deck is also home to an expansive galley and pantry for dining.<img src="https://photo-assets.superyachttimes.com/photo/353257/image/large-c6d9785772fef7abcb8dd1bbb9ed48f7.png" data-gid="gid://syiq/Photo/353257">In terms of its decor, the owner’s suite is embellished with White Emperador marble walls, ash bleached oak floors and Belvedere quartzite basins in the ensuite bathroom. A detail that differentiates the eight Moonen Martinique from previous models is the aft-facing king-size bed. “It seems like a minor detail to flip the position of the bed, yet this gives owners clear sight lines out to sea when they wake rather than looking onto the bow which impedes the view,” Hoekstra shared.<img src="https://photo-assets.superyachttimes.com/photo/353258/image/large-df2d8f704170e872b4f0e82cd1b780ca.png" data-gid="gid://syiq/Photo/353258">At the heart of the yacht’s design are three materials: wood, leather and brass, which are married to a warm mid-century colour scheme of light taupe and grey. Inside the main saloon is an antique bronze mirrored ceiling referencing 17th century Dutch architecture, while several shades of blue and a Delftware-inspired mural on the dining room wall are also a nod to the Netherlands. As Hoekstra said, “The white and blue of Dutch Delftware porcelain is iconic and instantly recognisable.<img src="https://photo-assets.superyachttimes.com/photo/353253/image/large-1ba4908b1bfa504a6c33f8526414f5e4.png" data-gid="gid://syiq/Photo/353253">We used hand sketching techniques combined with artificial intelligence to create a scene that is rich with feeling, from the lush forests and deep bodies of water that we have in Holland, to the bird in flight which could be interpreted as the project’s namesake Moonbird.”<img src="https://photo-assets.superyachttimes.com/photo/353273/image/large-969bee81fa2b100d1d41612878472758.png" data-gid="gid://syiq/Photo/353273">As for the ripped upper section of the mural, Hoekstra elaborated: “We didn’t want to make it neat and square but highlight the quirkiness of Dutch design by ripping the corner off. It's been made using revolutionary software, but guests are free to imagine the rest themselves. That itself is very Dutch.”<img src="https://photo-assets.superyachttimes.com/photo/353275/image/large-11bc7f2d1ef76ba86a17cf0694da4d2f.png" data-gid="gid://syiq/Photo/353275">Moving to the main deck lobby where a central staircase connects all three decks, here the glossy turquoise walls are paired with light taupe treads, a second mirrored ceiling and antique bronze finishes.<img src="https://photo-assets.superyachttimes.com/photo/353274/image/large-21f8085a7430504317fcdb2de8dbb137.png" data-gid="gid://syiq/Photo/353274">The 17th century motifs extend to the yacht’s sky lounge, which offers a framed TVabove a bioethanol fireplace with a cream marble surround. This setup is encircled by two inset cabinets for displaying trinkets with full-height, fully opening bi-fold doors.<img src="https://photo-assets.superyachttimes.com/photo/353256/image/large-e08e073d3dcc470c6b3c43b0c01490b7.png" data-gid="gid://syiq/Photo/353256">Outdoors, the motor yacht’s exterior highlights include her extended 20-square-metre platform equipped with hydraulic Z-lift swim stairs, along with her expansive sundeck containing a sheltered dining area. Additional alfresco entertainment can be found in the sundeck’s bar area or optional custom whirlpool, while a Portuguese bridge sofa arrangement offering far-reaching vistas can be found forward of the wheelhouse.<img src="https://photo-assets.superyachttimes.com/photo/353250/image/large-d3ed3a66d6874c7fb09976b1b5e396c6.png" data-gid="gid://syiq/Photo/353250"><img src="https://photo-assets.superyachttimes.com/photo/353252/image/large-a1ad4842777362b0a4282840266a2861.png" data-gid="gid://syiq/Photo/353252"><img src="https://photo-assets.superyachttimes.com/photo/353251/image/large-5a6619c75ac72c4c6d3ca01b56c95b99.png" data-gid="gid://syiq/Photo/353251">Regarding her performance, the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 112 Martinique yacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 14.5 knots and a top speed of 17 knots. When cruising at a speed of 10 knots, she has a range of 4,000 nautical miles. <img src="https://photo-assets.superyachttimes.com/photo/353246/image/large-8b733134dac0304e74f2684ff2036e5c.png" data-gid="gid://syiq/Photo/353246">“We at <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> greatly enjoyed collaborating with Marnix and his team who worked closely with our interior engineers and carpentry workshop to ensure the manufacturing quality and installation process matched <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>’s world class design. We’re sure the owner will appreciate the sophistication of the design and luxurious appointments of the interior, and we look forward to working with <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a> on future yacht projects," concluded Matthew and Louise Baxter, owners of <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>.

First look at the eighth in-build Moonen 122 Martinique yacht 

The first renderings and details of the eighth 37.4-metre in-build Moonen 122 Martinique motor yacht have been shared by Moonen Yachts and IYC.


First look at the eighth in-build Moonen 122 Martinique motor yacht 

The 53.4-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht <a data-gid="gid://syiq/Yacht/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabreeze53.4m (175'2&quot;)Benetti SpA1984">Seabreeze</a> sold, with Ioannis Agrotis of <a data-gid="gid://syiq/Company/8125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maritime Ventures (Company)">CRM Maritime Ventures</a> introducing the buyer and Talal Cassim of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/251396/image/large-abcde9c4eded09f097fa5bee16f130b4.jpeg" data-gid="gid://syiq/Photo/251396">Since her original delivery in 1984, <a data-gid="gid://syiq/Yacht/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabreeze53.4m (175'2&quot;)Benetti SpA1984">Seabreeze</a>, previously named Moonlight, has benefitted from multiple overhauls, including one at <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a> in 1994, one in 2002 at SBK Marine in Dubai, and most recently, an overhaul in Athens between 2019 and 2022. <img src="https://photo-assets.superyachttimes.com/photo/251398/image/large-b2b9abe1af16851b5cdcbab42695d94b.jpeg" data-gid="gid://syiq/Photo/251398">The yacht’s latest refit adorned her with a refreshed interior penned by the studio <a data-gid="gid://syiq/Company/111" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Evan K Marshall (Company)">Evan K. Marshall</a>. The refit also involved a full machinery servicing, along with the installation of new communication, navigation, galley and entertainment systems. <img src="https://photo-assets.superyachttimes.com/photo/251397/image/large-1c1a0c56e6776705d7842e7b9545a9a1.jpeg" data-gid="gid://syiq/Photo/251397">At a volume of 603 GT, the superyacht is capable of hosting as many as 12 guests onboard across a six stateroom configuration. Her main-deck owner’s suite is complete with a king-size bed, a marble-top desk and a lounge area. Moreover, a VIP suite can be found forward, while the lower deck houses twin staterooms that can also function as staff quarters or be transformed into a gym or spa.<img src="https://photo-assets.superyachttimes.com/photo/223331/image/large-cf75c23e092bf79d5e33283f14ff5f28.jpg" data-gid="gid://syiq/Photo/223331">Outside, <a data-gid="gid://syiq/Yacht/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabreeze53.4m (175'2&quot;)Benetti SpA1984">Seabreeze</a>’s exterior amenities include a touch-and-go helipad that converts into a shaded lounge for 16 guests, as well as an alfresco dining seating 12, a seven-person bar, a Jacuzzi, and sunpads.&nbsp;Regarding her performance, <a data-gid="gid://syiq/Yacht/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabreeze53.4m (175'2&quot;)Benetti SpA1984">Seabreeze</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 12.5 knots and a top speed of 13.2 knots.

53m Benetti yacht Seabreeze sold 

The 53.4-metre Benetti superyacht Seabreeze sold, with Northrop & Johnson representing the seller. 



53m Benetti superyacht Seabreeze sold 

<a data-gid="gid://syiq/Company/383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Genova (Company)">Marina Genova</a>, a superyacht marina located in Genoa, Italy, has recorded significant economic growth in 2024. The marina's revenue surpassed €15 million, marking a 20% increase from 2023 and a 32% rise from 2022.The traffic generated by superyachts in 2024, with 254 arrivals totalling 6,855 mooring days, underscores <a data-gid="gid://syiq/Company/383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Genova (Company)">Marina Genova</a>'s role as a year-round hub for superyachts in the heart of the Mediterranean.<img src="https://photo-assets.superyachttimes.com/photo/353262/image/large-218e5087c47e809319d92c95c815fa6d.jpeg" data-gid="gid://syiq/Photo/353262"><a data-gid="gid://syiq/Company/383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Genova (Company)">Marina Genova</a> features three large docks and over 400 berths, including 100 designated for superyachts up to 130 metres. Additionally, the marina offers numerous complementary services, supporting its year-round operation as a Superyacht Marina Village and ensuring the well-being of all crew members."It has been a year of great satisfaction," states Giuseppe Pappalardo, who has been leading <a data-gid="gid://syiq/Company/383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Genova (Company)">Marina Genova</a> as CEO for 20 years, "we are extremely motivated to continue as we understand the importance of our role at the heart of the Mediterranean. We have created stable employment (approximately 100 employees within the Marina) and are generating economic benefits for the region, in turn translating into jobs and specialised expertises. It is with our commitment that we hope to secure a brighter future.”<img src="https://photo-assets.superyachttimes.com/photo/118573/image/large-d02a3c89e2cdfed0c0f4b0a218e9d7a7.jpg" data-gid="gid://syiq/Photo/118573">Since 2019, <a data-gid="gid://syiq/Company/383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Genova (Company)">Marina Genova</a> has pursued projects focused on sustainability and energy transition. A photovoltaic system, operational since January 2025, spans 7,000 square-metres across the marina’s buildings. It consists of 800 panels capable of generating 500 MWh annually, reducing carbon dioxide emissions by over 270 tonnes.In a move towards supporting electric-powered vessels, <a data-gid="gid://syiq/Company/383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Genova (Company)">Marina Genova</a> has installed two rapid marine charging stations for small and medium-sized electric boats. This initiative, in partnership with Aqua superPower, a specialist in marine-grade AC and DC charging solutions with power outputs of up to 350 kW, enhances access to nearby marine protected areas, including Portofino and Cinque Terre.<img src="https://photo-assets.superyachttimes.com/photo/118572/image/large-e848566f930bde840cb1dd2a8d530ba2.jpg" data-gid="gid://syiq/Photo/118572">"The upcoming 2025 yachting season finds us in full operation thanks to the significant investments made in recent years and the recent agreements that have taken us another step forward towards the future of yachting," adds Giuseppe Pappalardo. "We are proud to be recognised by our clients as an international excellence hub for superyachts. Our commitment to sustainable development and environmental respect is not only rewarding but also makes us feel truly at home."

Marina Genova records 20% revenue increase in 2024

Marina Genova Aeroporto SpA, a superyacht marina located in Genoa, Italy, has recorded significant economic growth in 2024.

Yacht management and project supervision company <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a> kicked off the start of the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show 2025 (PBIBS)</a> by bringing together an elite crowd of yacht owners, industry leaders and influencers at an exclusive opening party.<img src="https://photo-assets.superyachttimes.com/photo/353210/image/large-f0974a0d7df258add6ee1c78aabb1730.jpg" data-gid="gid://syiq/Photo/353210">Held under the luxurious backdrop of the Brazilian Court Hotel in West Palm Beach, the event brought together key players within the industry for an unforgettable night of entertainment.<img src="https://photo-assets.superyachttimes.com/photo/353221/image/large-9594f6fa5698c7a440aa9b5379bba86e.jpg" data-gid="gid://syiq/Photo/353221"><img src="https://photo-assets.superyachttimes.com/photo/353231/image/large-3b7bcaf0f310a6a23574c9b63370fde7.jpg" data-gid="gid://syiq/Photo/353231"><img src="https://photo-assets.superyachttimes.com/photo/353212/image/large-541879063a1c8c54280ff1104dd300b3.jpg" data-gid="gid://syiq/Photo/353212">The evening featured live entertainment, with a fun disco theme, alongside an exquisite blend of cocktails and a gourmet selection of food. The event gave guests the opportunity to connect, celebrate innovation and enjoy the company of other industry professionals, all while partying the night away!<img src="https://photo-assets.superyachttimes.com/photo/353229/image/large-86b28523c6c3e0ed095b58fbded61eb8.jpg" data-gid="gid://syiq/Photo/353229"><img src="https://photo-assets.superyachttimes.com/photo/353211/image/large-7a872465e8c66c9e8175df6e3d5c1c2e.jpg" data-gid="gid://syiq/Photo/353211">This year’s event was sponsored by Alley, Maass, Rogers &amp; Lindsay, P.A, <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/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Interior Design</a>, <a data-gid="gid://syiq/Company/7421" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="F/YACHTING (Company)">F/Yachting</a>, Fort Insurance, Professional Yacht Crew and <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>. <img src="https://photo-assets.superyachttimes.com/photo/353227/image/large-89eba5c29392926d2e0c9a10d4ad0b38.jpg" data-gid="gid://syiq/Photo/353227"><img src="https://photo-assets.superyachttimes.com/photo/353226/image/large-b6463988bdbaae53f5bd1f167a48539d.jpg" data-gid="gid://syiq/Photo/353226">“We are incredibly excited to again be part of the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach Boat Show</a> and to celebrate the growth of <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a> USA” said Yerin Hobson, CEO of <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a> Group. “We are thrilled to have been joined by so many key influential people from within the industry, and we are especially grateful for the continued support of our sponsors.”<img src="https://photo-assets.superyachttimes.com/photo/353225/image/large-3358436445b7a4f72d5d531d77a12fc9.jpg" data-gid="gid://syiq/Photo/353225"><a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a> has continued to show a rising prominence in the superyacht industry with its continued presence at <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">PBIBS</a>. This aligns with the company’s commitment to innovation, quality and service within the industry.<img src="https://photo-assets.superyachttimes.com/photo/353222/image/large-9a0a7c1f7798c1912203ec4854f6c40c.jpg" data-gid="gid://syiq/Photo/353222"><img src="https://photo-assets.superyachttimes.com/photo/353220/image/large-de4eb4c31df6bbf6da57a49d50204eb8.jpg" data-gid="gid://syiq/Photo/353220">“I am incredibly proud to lead the growth and expansion of <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a> USA outside of Europe,” added Nate Cook, CEO of <a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a> USA. “<a data-gid="gid://syiq/Company/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrow Monaco (Company)">Arrow</a>'s continued success is driven by our people who value and respect our relationships, while always aiming to provide unparalleled service and intimate support to our clients.”<img src="https://photo-assets.superyachttimes.com/photo/353216/image/large-23c9bc0e06a9b656792d402e9a376257.jpg" data-gid="gid://syiq/Photo/353216"><img src="https://photo-assets.superyachttimes.com/photo/353217/image/large-8f3b05631d7835921b13ec6cd1955d21.jpg" data-gid="gid://syiq/Photo/353217">

Arrow hosts opening party during PBIBS 2025

Arrow has kicked off the start of PBIBS 2025 by bringing together yacht owners, industry leaders and influencers at an exclusive opening party.

Arrow hosts exclusive opening party during Palm Beach International Boat Show 2025

The 26.7-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> motor yacht <a data-gid="gid://syiq/Yacht/15138" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M26.7m (87'7&quot;)Sanlorenzo2020">M&amp;M</a> is for sale with Alessandro Diomedi of <a data-gid="gid://syiq/Company/808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moravia Yachting (Company)">Moravia Yachting</a>. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> was delivered in 2020 as part of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SX88 series.<img src="https://photo-assets.superyachttimes.com/photo/352922/image/large-c4a2ba84da94ed08a7382ba688ac606b.jpg" data-gid="gid://syiq/Photo/352922"><a data-gid="gid://syiq/Yacht/15138" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M26.7m (87'7&quot;)Sanlorenzo2020">M&amp;M</a> features exterior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design (Mauro Micheli)</a>, while her interior was penned by <a data-gid="gid://syiq/Company/78" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lissoni & Partners (Company)">Lissoni &amp; Partners</a>, with naval architecture by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>. She can accommodate up to eight guests across four staterooms, as well as three crew members, including the captain. <img src="https://photo-assets.superyachttimes.com/photo/352880/image/large-9741964b4a7be5d9003c7fea37758c98.jpg" data-gid="gid://syiq/Photo/352880"><img src="https://photo-assets.superyachttimes.com/photo/352879/image/large-b99140d23e7432e21c3fdfcb932989af.jpg" data-gid="gid://syiq/Photo/352879">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> presents a contemporarily-designed main saloon, with extensive windows that allow ample sunlight to fill the room. The room includes plenty of seating space for guests, highlighted by a large L-shaped sofa and a circular coffee table in front.<img src="https://photo-assets.superyachttimes.com/photo/352889/image/large-9ab147e91a56d310ad4056512d07b6af.jpg" data-gid="gid://syiq/Photo/352889"><a data-gid="gid://syiq/Yacht/15138" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M&M26.7m (87'7&quot;)Sanlorenzo2020"><img src="https://photo-assets.superyachttimes.com/photo/352891/image/large-a2d7d2fa96bed103398c36c79feca449.jpg" data-gid="gid://syiq/Photo/352891">M&amp;M</a>’s staterooms feature a modern decor consistent with the rest of the yacht. The use of wooden furnishings elevates the sophisticated ambiance in these peaceful sanctuaries.<img src="https://photo-assets.superyachttimes.com/photo/352878/image/large-97292b8b91d8aa7368d10319739bf9f3.jpg" data-gid="gid://syiq/Photo/352878"><img src="https://photo-assets.superyachttimes.com/photo/352876/image/large-7aad40fbedf1dd496078a65e5f203a40.jpg" data-gid="gid://syiq/Photo/352876">Exterior features onboard the <a href="https://www.superyachttimes.com/yachts/m-m-27m/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht M&amp;M for sale</a> include a seating area on the main aft deck. The seamless flow between the main aft deck and the saloon creates an ideal spot for an aperitif, allowing guests to effortlessly move indoors to dine.<img src="https://photo-assets.superyachttimes.com/photo/352877/image/large-09d84d9b172e3cf0eac3eec4380b4f08.jpg" data-gid="gid://syiq/Photo/352877">The <a href="https://www.superyachttimes.com/yachts/sanlorenzo/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yacht for sale</a> has a GRP hull and superstructure. Performance-wise, she is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, which give her a cruising speed of 20 knots and a top speed of 23 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/352923/image/large-10a5370cce9ee4938f1685be64b90fdd.jpg" data-gid="gid://syiq/Photo/352923">

27m Sanlorenzo yacht M&M for sale

The 26.7-metre Sanlorenzo motor yacht M&M is for sale with Alessandro Diomedi of Moravia Yachting.

27m Sanlorenzo motor yacht M&M for sale

New renderings and details of <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s 85-metre superyacht Project Life have been unveiled at the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show 2025</a>. <img src="https://photo-assets.superyachttimes.com/photo/353192/image/large-754eb83247216078535310672452966d.jpg" data-gid="gid://syiq/Photo/353192">Having been presented for the first time during the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show 2023</a>, Project Life features exterior design by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> and interiors created by <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">François Zuretti</a>, while the brokerage firm <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> has served as an advisor on the yacht’s technical, operational and commercial features.“Project Life is <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s largest ever engineering-platform-based yacht: this approach allows owners to focus on design and lifestyle-related aspects with the trust they can count on the best configuration for the technical aspects, systems and performances,” the Italian builder explained. <img src="https://photo-assets.superyachttimes.com/photo/353191/image/large-6e1bc7802880df32b62d7bf662711e61.jpg" data-gid="gid://syiq/Photo/353191">Developed to facilitate versatile socialising, Project Life sports sleek, elegant lines across her exterior profile, rounded off with a tall, sharp bow for enhanced seakeeping. Composed of steel, the yacht boasts extensive windows designed to bathe her interiors with natural light and simultaneously sheltering the indoors from the direct sun.<img src="https://photo-assets.superyachttimes.com/photo/353189/image/large-59650dddeed4eb34e29a488727bd243a.jpg" data-gid="gid://syiq/Photo/353189">Sebastiano Vida, head of Product <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> commented: “With Project Life, our goal was to provide varied experiences on each deck, emphasizing social interaction through convivial layouts and versatile gathering areas, all framed by the ocean. To bring our vision to life, we broadened our collaborations with some of the world’s top designers and partnered with industry leaders like <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>, and we are extremely proud of the result we have accomplished.”<img src="https://photo-assets.superyachttimes.com/photo/353188/image/large-afcaec94b6f8c80a43de8bccbd839168.jpg" data-gid="gid://syiq/Photo/353188">A notable feature onboard the superyacht is her 270-square-metre beach club, which is the product of a collaboration between <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a> and <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Design</a>. As the area is open on three sides, guests are invited to move freely between the outdoor platform and indoor beach club, for instance. <img src="https://photo-assets.superyachttimes.com/photo/353187/image/large-b2d7fdf82c34cf6434fee21407c60973.jpg" data-gid="gid://syiq/Photo/353187">Meanwhile, the inclusion of two 14-metre fold-down side doors and a large swim platform means the area provides a close relationship to the seascape. From above, the beach club is illuminated by a glass-bottomed swimming pool with sunlight streaming through it for a maritime-themed atmosphere. Moving to the main deck, an 18-square-metre, one-metre deep swimming pool is accompanied by a bar and lounge area for guests to relax and socialise.<img src="https://photo-assets.superyachttimes.com/photo/353200/image/large-76642613cf99e955661bc8518f22ce6c.jpg" data-gid="gid://syiq/Photo/353200">According to designer <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a>, “The primary concept behind Project Life was to put forward life itself and life close to the water. She’s a boat that has been designed for life – an active life, a cool life, a relaxed life.” <img src="https://photo-assets.superyachttimes.com/photo/353201/image/large-1673c20b406e84abb70b5fd323227c12.jpg" data-gid="gid://syiq/Photo/353201">Inside, <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti</a> places special emphasis on materials and ceiling heights for a sense of continuity between the indoors and outdoors. Spanning 112-square-metres, the main saloon is decked out in floor-to-ceiling windows for a connection to the outdoors and a lighting system intended to facilitate leisurely ambiances. <img src="https://photo-assets.superyachttimes.com/photo/353198/image/large-4bd2bb9fe43353fe82468d0072a04af8.jpg" data-gid="gid://syiq/Photo/353198">Located in the forward section of the main deck are six guest staterooms featuring expansive windows for natural lighting combined with scenic vantage points. Project Life’s 98-square-metre owner’s suite has a versatile room situated next to it, which can serve as a private office or a space dedicated to the owner’s hobbies, for example. The owner’s area transitions to the sky lounge, a glass-enclosed hub fitted with sofas for those onboard to take in the sounds and vision of the aquatic surroundings.<img src="https://photo-assets.superyachttimes.com/photo/353197/image/large-e33be7261e4903fd90ddad7f84c18e3f.jpg" data-gid="gid://syiq/Photo/353197">“Project Life is a new vision for new owners,” stated Sebastien Gey, CEO of <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Design</a>. “We tried to soften the boundaries between the interior and exterior – or make them disappear completely. We used very organic shapes to create this continuity but also to have this mood of being inside a cocoon. We put all our experience into bringing Project Life to another level of luxury.”<img src="https://photo-assets.superyachttimes.com/photo/353196/image/large-ae36b92d23f2dfffe17ac2b30edee709.jpg" data-gid="gid://syiq/Photo/353196">From the upper foredeck, guests can observe unobstructed 270-degree panoramic views of the outdoors, while the deck is also home to a helipad, a secluded Jacuzzi and lounge areas for further alfresco entertainment.<img src="https://photo-assets.superyachttimes.com/photo/353199/image/large-6973967d7c8518694efce09e8e3d17c4.jpg" data-gid="gid://syiq/Photo/353199">When it comes to Project Life’s bridge deck aft, this section functions as an alfresco dining space for gatherings both intimate and large, furnished with seating arrangements that are sheltered from the natural elements. A highlight here is the live-cooking setup showcased across two dedicated outdoor stations for guests to interact with the chef. <img src="https://photo-assets.superyachttimes.com/photo/353190/image/large-14efeb1ea3c63be40f55c6ac2150939b.jpg" data-gid="gid://syiq/Photo/353190">“We decided to present these latest updates on Project Life during the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show</a> recognising the Americas as a key strategic market for <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. This region continues to show strong admiration for our yachts which increasingly feature advanced content in terms of design and technological innovation,” added Federico Ferrante, President <a data-gid="gid://syiq/Company/6933" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Benetti Americas (Company)">Azimut|Benetti Americas</a>.<img src="https://photo-assets.superyachttimes.com/photo/353194/image/large-a291a497cabe449e171323c13342acd4.jpg" data-gid="gid://syiq/Photo/353194">Project Life is equipped with diesel-electric architecture with pod propulsion in order to increase efficiency, manoeuvrability and comfort. In addition, her system is developed to operate on both diesel and non-fossil fuels including HVO. By using an advanced, direct expansion HVAC system, energy consumption is reduced by up to 60 percent, while solar panels integrated into the vessel’s superstructure are aimed to generate clean energy and help recharge her electric tenders and water toys.<img src="https://photo-assets.superyachttimes.com/photo/353195/image/large-6e50e7fc04ab2cb6289d74156a614afc.jpg" data-gid="gid://syiq/Photo/353195">“Increasingly clients are concerned with the holistic yacht design, not only does it need to look great and have a layout than enables a fantastic lifestyle onboard but decisions taken need to be environmentally conscious, the crew operation must be safe, smooth and efficient as well as technical redundancy and resilience needing to be seamlessly integrated into the platform. This holistic aesthetic, operational and technical design approach has been a cornerstone of Project Life since its inception,” concluded Ed Beckett, Senior Partner, <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.

Closer look at 85m Benetti yacht Project Life

New renderings and details of Benetti’s 85-metre superyacht design Project Life have been unveiled at the Palm Beach International Boat Show 2025. 


A closer look at the 85m Benetti superyacht Project Life

Salvatore Canzoneri has shared the renderings and details of Kossyra, a 67-metre island-inspired superyacht concept. The up-and-coming yacht designer made it to the finals of the Young Designer of the Year 2024 awards, in partnership with <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, with his design. <img src="https://photo-assets.superyachttimes.com/photo/353182/image/large-cb1914a21320cc52b4ab8cc0a2f7712e.jpg" data-gid="gid://syiq/Photo/353182">Described by her designer as “a floating sanctuary that captures the essence of the Mediterranean,” Kossyra is christened after the Pantelleria, an island in Italy formerly known as Cossyra. By embodying the tranquil spirit of island living, this yacht design aims to offer a refuge from the hustle and bustle of modern city life. <img src="https://photo-assets.superyachttimes.com/photo/353183/image/large-626a1e89c236cb2cf429c2dbb0561a78.jpg" data-gid="gid://syiq/Photo/353183">From an outside perspective, the sleek, sculpted lines that encapsulate Kossyra’s exterior silhouette are a nod to Pantelleria’s fecund landscape which is dictated by mistral breezes, while also referencing the domed Dammuso rooftops that are characteristic of the island. <img src="https://photo-assets.superyachttimes.com/photo/353184/image/large-42dacc286ece7b69e0d45bfbae3001dc.png" data-gid="gid://syiq/Photo/353184">When it comes to her interiors, Kossyra’s indoor living areas are defined by peace, minimalism and simplicity, with soft, organic curves enhancing the sense of continuity between various spaces. <img src="https://photo-assets.superyachttimes.com/photo/353181/image/large-fccb4ec806ff4a3ccd16a46952c8f5ed.png" data-gid="gid://syiq/Photo/353181">Furthermore, the interiors are decked out in double-eight ceilings for an aerial spaciousness, while a number of locations merge the indoor and outdoor areas for more immersion with the surrounding maritime backdrop.One of Kossyra’s highlights is her beach club displaying a cave-like design for a closer connection to the natural elements and simultaneous sheltering. Those onboard are also invited to catch rays on the sunpads found on the main deck aft, or dine alfresco at a circular table located on the deck above, which also boasts a pool in the bow. <img src="https://photo-assets.superyachttimes.com/photo/353180/image/large-cf1407f7d3a91bfdcc1bb69623e46344.jpg" data-gid="gid://syiq/Photo/353180">On the same deck, is a forward-facing owner’s stateroom complete with an office and an ensuite bathroom including a bathtub. Meanwhile, Kossyra’s main deck is home to three double staterooms and a VIP suite for hosting the remaining guests. <img src="https://photo-assets.superyachttimes.com/photo/353185/image/large-f6435fb5f02eb638cf2b4ac4f0ff8a24.jpg" data-gid="gid://syiq/Photo/353185">“More than a yacht, Kossyra is a reflection of a way of life - where design, nature, and innovation come together to create a place of refuge and renewal. It is a vessel for those seeking to disconnect from the noise of the world and reconnect with the timeless beauty of the Mediterranean,” Canzoneri concluded.&nbsp;

67m yacht concept Kossyra 

Salvatore Canzoneri has shared the renderings and details of Kossyra, a 67-metre island-inspired superyacht concept. 


67m island-inspired superyacht concept Kossyra 

SuperYacht Times is pleased to announce that Jasmine Chong, a New York City-based fashion designer and co-owner of the 45-metre Phinisi superyacht <a data-gid="gid://syiq/Yacht/13745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celestia45.0m (147'8&quot;)Konjo Boat Builders2023">Celestia</a>, will be participating in the 'Discover Indonesia' panel on the 8 May at the upcoming <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">Asia-Pacific Superyacht Summit</a> (<a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">APSS</a>). Jasmine co-owns <a data-gid="gid://syiq/Yacht/13745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celestia45.0m (147'8&quot;)Konjo Boat Builders2023">Celestia</a> with her brother Jason Tabalujan, a private equity fund manager.<img src="https://photo-assets.superyachttimes.com/photo/353186/image/large-14780354b588eb60cd0058341889fcfb.jpeg" data-gid="gid://syiq/Photo/353186">The <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">APSS</a> will take place between 7 and 8 May 2025 at the Renaissance Harbour Hotel in Hong Kong. It aims to promote the region as a yachting destination, addressing current challenges and highlighting unique opportunities.<img src="https://photo-assets.superyachttimes.com/photo/353173/image/large-c1d7ee5028fa291245ff8424f9ebeb69.jpg" data-gid="gid://syiq/Photo/353173">Together with her Jakarta-based brother Jason, who funded the project, Jasmine constructed <a data-gid="gid://syiq/Yacht/13745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celestia45.0m (147'8&quot;)Konjo Boat Builders2023">Celestia</a> to address a gap in the charter market, simultaneously championing the beauty and allure of Indonesia as a leading yachting destination.<img src="https://photo-assets.superyachttimes.com/photo/353174/image/large-bd5a395a8076569b01d40907156b9762.jpg" data-gid="gid://syiq/Photo/353174">At the upcoming panel, Jasmine will discuss her decision to build <a data-gid="gid://syiq/Yacht/13745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celestia45.0m (147'8&quot;)Konjo Boat Builders2023">Celestia</a>, her cruising experiences and highlight the various initiatives that could further promote Indonesia as a superyacht destination.<img src="https://photo-assets.superyachttimes.com/photo/353177/image/large-c7ae17379acb059a13a4f2136bece6c5.jpg" data-gid="gid://syiq/Photo/353177"><img src="https://photo-assets.superyachttimes.com/photo/353179/image/large-5bb1943f2266b969c54f8faa01200c23.jpg" data-gid="gid://syiq/Photo/353179">Asia-Pacific Superyacht Summit 2025&nbsp;Set against the dynamic backdrop of Hong Kong, one of Asia’s most influential hubs for finance, commerce and luxury, the summit will offer two days of essential discussions and strategic insights.<img src="https://photo-assets.superyachttimes.com/photo/314888/image/large-b1165f45cabad24ba510d78c649d0b6f.jpg" data-gid="gid://syiq/Photo/314888">With the Asian superyacht market continuing to expand, this event is a must-attend for those seeking to understand the evolving market landscape and capitalise on new opportunities. <img src="https://photo-assets.superyachttimes.com/photo/347647/image/large-72c13ba6e8796874e4c63b62f7530748.jpg" data-gid="gid://syiq/Photo/347647"><img src="https://photo-assets.superyachttimes.com/photo/343984/image/large-72271b697868bc442b563250c788c030.jpg" data-gid="gid://syiq/Photo/343984">Tickets are available for purchase <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2025-tickets-1139739805439" rel="noopener noreferrer" target="_blank" title="">here</a> and potential speakers who are looking to contribute valuable insights to the discussion are encouraged to contact us at info@superyachttimes.com.

Superyacht owner Jasmine Chong to Speak at APSS 2025

SYT is pleased to announce that Jasmine Chong will be participating in the 'Discover Indonesia' panel at the upcoming Asia-Pacific Superyacht Summit.

Fashion designer and yacht owner Jasmine Chong to speak at APSS 2025 in Hong Kong

<a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> has presented new details and renderings of a reimagined version of their <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 sailing catamaran yacht model at the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show</a> in Florida.<img src="https://photo-assets.superyachttimes.com/photo/353155/image/large-75a1df90e3d0e60fb646da107efb7051.jpg" data-gid="gid://syiq/Photo/353155"><img src="https://photo-assets.superyachttimes.com/photo/353147/image/large-2f43245377eeb35b43f4a05b18b19fe4.jpg" data-gid="gid://syiq/Photo/353147">Retaining her original 24.4-metre length, the NEXT <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 yacht variant has been redesigned with foldout platforms, amounting to a 13.4-metre walk-around private beach area in combination with the hydraulic aft platform.<span style='color: rgb(0, 0, 0); font-family: "Open Sans", sans-serif; font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;'>&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/353158/image/large-d49e262534440373f594b9105b548a68.jpg" data-gid="gid://syiq/Photo/353158"> <img src="https://photo-assets.superyachttimes.com/photo/353140/image/large-859e819d8b6071ad77250e7b0c996282.jpg" data-gid="gid://syiq/Photo/353140"><img src="https://photo-assets.superyachttimes.com/photo/353146/image/large-12a3ca0644f0c62c88873ddc15e7be8c.jpg" data-gid="gid://syiq/Photo/353146">Another new feature of the sailing yacht is her significantly larger aft cockpit, which is home to two extra lounging chairs for far-reaching vantage points.<img src="https://photo-assets.superyachttimes.com/photo/353152/image/large-325caa406595fe9a1149ef366a22da6d.jpg" data-gid="gid://syiq/Photo/353152"><img src="https://photo-assets.superyachttimes.com/photo/353153/image/large-0138cc1a50d322b7d52ea9ad7231c808.jpg" data-gid="gid://syiq/Photo/353153">In addition, the catamaran is decked out in a garage for storing a Jet Ski and an array of water toys onboard. Meanwhile, her galley is directly accessible from the aft cockpit, so that guests are afforded more privacy.<img src="https://photo-assets.superyachttimes.com/photo/353148/image/large-2dbeff5c0eb2aaf8c7d752b4eec17af8.jpg" data-gid="gid://syiq/Photo/353148"><img src="https://photo-assets.superyachttimes.com/photo/353145/image/large-feb9f1c339e8df40c6546fe7f4ef49a7.jpg" data-gid="gid://syiq/Photo/353145"><img src="https://photo-assets.superyachttimes.com/photo/353159/image/large-52e50e29748b8721a973f2af3dd89486.jpg" data-gid="gid://syiq/Photo/353159">Moving to the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 yacht’s bow terrace, clients have the choice between a classic trampoline layout or alternatively, the presence of oversize sunpads for catching rays. As <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> explained, “enhanced comfort is guaranteed with thicker seats and backrests in all seating areas.”<img src="https://photo-assets.superyachttimes.com/photo/353156/image/large-991a552ccc3e31cf011a233fe10f3d5f.jpg" data-gid="gid://syiq/Photo/353156"><img src="https://photo-assets.superyachttimes.com/photo/353157/image/large-94712ce16c304aede0ae6acb81e7f949.jpg" data-gid="gid://syiq/Photo/353157"><img src="https://photo-assets.superyachttimes.com/photo/353144/image/large-93540ee1a83e904844fa5f73d9911a7b.jpg" data-gid="gid://syiq/Photo/353144">When it comes to her flybridge, this feature has been redesigned to exhibit a flush surface for a more sleek space that can be configured with versatile, freestanding furniture. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/353150/image/large-077ccd295ad8049bb75280bcb3bfbf44.jpg" data-gid="gid://syiq/Photo/353150"><img src="https://photo-assets.superyachttimes.com/photo/353142/image/large-566c9bf315886c1dcca786881d5d1afe.jpg" data-gid="gid://syiq/Photo/353142"><img src="https://photo-assets.superyachttimes.com/photo/353154/image/large-5eca8bce5cb3e5badb6af6032afa32be.jpg" data-gid="gid://syiq/Photo/353154">Accommodation-wise, the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 yacht is capable of hosting as many as eight guests across her four stateroom layout. In the new version, the roomy master suite boasts enough space to include a bathtub.<img src="https://photo-assets.superyachttimes.com/photo/353149/image/large-8be807bd1f6b246bbe07596e37947795.jpg" data-gid="gid://syiq/Photo/353149"> <img src="https://photo-assets.superyachttimes.com/photo/353143/image/large-51f9c4cdd2d2a5bbc0ef71f0660cee33.jpg" data-gid="gid://syiq/Photo/353143"><img src="https://photo-assets.superyachttimes.com/photo/353139/image/large-9f644193d08004eea30559ebcc36251a.jpg" data-gid="gid://syiq/Photo/353139">

Reimagined Sunreef 80 yacht model unveiled at PBIBS 

Sunreef Yachts has presented new details and renderings of a reimagined version of their Sunreef 80 sailing catamaran model at PBIBS.