Riva is one of the most famous yachting brands in the world, best known for its iconic series, such as the <a data-gid="gid://syiq/YachtModel/6072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 100 Corsaro29.9m (98'1&quot;)">100' Corsaro</a> and the <a data-gid="gid://syiq/YachtModel/6074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 110 Dolcevita33.51m (109'11&quot;)">110' Dolcevita</a> that capture the Italian style of yachting and the good life it goes hand in hand with. However, in spite of Riva’s success not many people know the history behind this iconic shipyard - even though the Italian brand has been building ships for more than 170 years. Here we take a closer look at how the company came to be one of the most recognised brands in the industry today.<img src="/uploads/store/photo/39655/image/large-31df58064a174097838a083be63915cf.jpg" data-gid="gid://syiq/Photo/39655"><img src="/uploads/store/photo/39664/image/large-9253b97a029161a2588012df36caf0c9.jpg" data-gid="gid://syiq/Photo/39664">&nbsp; &nbsp; <img src="/uploads/store/photo/39663/image/large-5e45c37ee9df29a1a0ed70d590300014.jpg" data-gid="gid://syiq/Photo/39663">Riva was founded back in 1842 on Lake Iseo, in Sarnico-Italy following a sudden storm. Local fishermen were shocked when they saw the damage caused to their fleet and banded together to convince a young shipbuilder to repair their vessels. The craftsman, who had recently moved to the region from Laglio, was none other than Pietro Riva. After winning the trust and respect of the locals once he fixed their boats, he began his shipyard, Riva. The first boats made by Riva were launched in the region on the lake and the shipyard rapidly established a reputation thanks to its stylish and high-quality boats. The shipyard continued to flourish under the guidance of Ernesto Riva, Pietro’s son, who introduced internal combustion engines on Riva boats, paving the way for passenger boats and large cargo to cruise the lake.<img src="/uploads/store/photo/39672/image/large-c8c958d24ee8d5ca3aa694df37e176bd.jpg" data-gid="gid://syiq/Photo/39672"><img src="/uploads/store/photo/39671/image/large-fb2464cf2cb9873e5a046365f039cf0b.jpg" data-gid="gid://syiq/Photo/39671"><img src="/uploads/store/photo/39666/image/large-0dd2f01437425e34b03b2f30ceea5540.jpg" data-gid="gid://syiq/Photo/39666">However, it was not until after World War I that Riva became the brand we know today, when Serafino Riva, Ernesto Riva's third-born son, began imprinting Riva products. This marked a turning point in the shipyard’s history, as Riva also started moving away from the production of transportation vessels to power boating. Serafino Riva focused on building motor power boats, promoting leisure crafts at speedboat races. Riva went on to make a number of racing yachts between the 1920s and 1930s, which set a number of records in both international and national competitions, capturing the attention of the entire boating industry. &nbsp;<img src="/uploads/store/photo/39668/image/large-c3627dca9ca37fe76b04ecba6f93ff1d.jpg" data-gid="gid://syiq/Photo/39668"><img src="/uploads/store/photo/39669/image/large-bf094e01effd9dd429a34cbe1de6a540.jpg" data-gid="gid://syiq/Photo/39669">Later on in the 1950s, Carlo Riva, son of Serafino Riva, elevated the shipyard’s reputation even further by only using materials of the highest quality for its vessels, taking care of the smallest detail and focusing on Riva’s expertise and craftsmanship. Riva’s vessels quickly became objects of luxury and desire for the successful and wealthy and the shipyard started working with designer and architect Giorgio Barilani in 1956. Carlo Riva also foresaw the importance of speed and agility in the industry, driven by the Italian industrial revolution, and created a series of wooden yachts which were characterised by one-of-a-kind design features. These included the Ariston, the Tritone (the first two-engine yacht), the Sebino (which marked the beginning of series production), and the Florida. <img src="/uploads/store/photo/39660/image/large-84e6e174c19a34993ffe0a35f1ffead4.jpg" data-gid="gid://syiq/Photo/39660"><img src="/uploads/store/photo/39657/image/large-8f8e985dcb6b68726cbf84b1d9a3452d.jpg" data-gid="gid://syiq/Photo/39657"><img src="/uploads/store/photo/39656/image/large-98fe04f03d82140117d95ca882cedd67.jpg" data-gid="gid://syiq/Photo/39656">Awarded the prestigious Pioneer of Boating award by Ucina two times, Carlo Riva has been praised by many for inventing, developing, drawing and creating Italian Style motorboats. Throughout the 1950s Riva became widely known for the elegance of form, excellent safety features and mahogany racing boats. But, it was in November 1962 that the real legend behind Riva was born: the Aquarama. Presented at the third International Nautical Fair in Milan, the yacht quickly became a symbol of Riva’s excellence. The name of the vessel was inspired by the Cinerama system, the American experimental wide screens and its slogan featured keywords like: “Sun, sea, joie de vivre!” Aquarama’s prototype was the Lipicar no.1, the successor to the Tritone, measuring 8.02 metres in length and 2.62 metres wide, powered by twin 185 hp Chris-Craft engines, with a speed of 73 km/h.<img src="/uploads/store/photo/39659/image/large-c3cc269a5a8291ec7e593a00b870b1df.jpg" data-gid="gid://syiq/Photo/39659">&nbsp; <img src="/uploads/store/photo/39662/image/large-b810c614b2a6ee2d3ded7b9743fc37ff.jpg" data-gid="gid://syiq/Photo/39662">Five years later in 1969, Riva hit another milestone - the start of its fibreglass production. Riva unveiled its first two models crafted from composite material, the day cruiser Bahia Mar 20’ and the cabin cruiser Sport Fisherman 25’. Both models feature wooden details, in line with the brand’s traditional style. However, in spite of the success of its fibreglass models, Riva’s production of wooden runabouts continues until 1996, which is when the last Aquarama Special, hull 784, was built. In September of the same year, 1969, Carlo Riva sold the shipyard to an American company, Whittaker, but maintained the role of Chairman and General Manager, until his resignation in 1971. These roles were then taken on by his partner, Gino Gervasoni. &nbsp; <img src="/uploads/store/photo/39658/image/large-bec0170d281e14efaf6dcb27f76bed98.jpg" data-gid="gid://syiq/Photo/39658"><img src="/uploads/store/photo/44824/image/large-05c10933208ef1b55470d169b7327243.jpg" data-gid="gid://syiq/Photo/44824"><img src="/uploads/store/photo/44828/image/large-2c86c26771bc753667d9e9fb6a2d0c5c.jpg" data-gid="gid://syiq/Photo/44828">In 1989, twenty years later, English Group Vickers purchased 100% of the shares of Riva and one year later Gino Gervasoni left the shipyard after 41 years, marking the end of the Riva family presence within the Italian company. Nevertheless, the shipyard continues to maintain the values ingrained into the company by the founding family to this day.&nbsp;In 1991 Riva showcased the 58’ Bahamas at Genoa International Boat Show, the first yacht designed by Mauro Micheli. Nine years later Riva returned to its Italian roots when the Ferretti Group acquired the shipyard on May 1, 2000, from British finance firm Stellican-Investment Bank. Norberto Ferretti took charge of the company and developed a plan to relaunch both the brand as well as its product, focusing on quality, design and style. &nbsp;<img src="/uploads/store/photo/41819/image/large-1748e9f6f6e1b7b4f44ed2b0a42fa82f.jpg" data-gid="gid://syiq/Photo/41819"><img src="/uploads/store/photo/41818/image/large-8f9c3976d09b29c1de08126557b586f0.jpg" data-gid="gid://syiq/Photo/41818"><img src="/uploads/store/photo/41807/image/large-40821864bc0b3e2e12c809409eea1fc9.jpg" data-gid="gid://syiq/Photo/41807">Now, more than 175 years since its foundation, Riva continues to flourish, building larger and more extensive superyachts than ever before. The ongoing success of the Italian shipyard is attributed to many factors, in particular, its passion for developing quality, stylish and elegant vessels. A Riva yacht is always instantly recognizable, as the shipyards roots are intertwined with tradition, innovation and love for crafting unique motorboats. Today, the unmistakable fleet Riva includes the flagship series 110’ Dolcevita, 100’ Corsaro, 88’ Florida, 88’ Domino Super, 76’ Perseo, 76’ Bahamas, 66’ Ribelle, 63’ Virtus, 56’ Rivale, Rivamare, Aquariva Super and Iseo. &nbsp;Content created in collaboration with&nbsp;<a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>

Riva in 1842

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Riva in 1954

Riva in 1962

Riva Aquarama

Anita Ekberg onboard a Riva in the 50s or 60s

Riva in the 1950s / 1960s

Riva in the 1920s

Riva in the 1930s

Riva in the 1930s / 1940s

Riva 110 Dolcevita cruising

Riva 110 Dolcevita exterior detail

Riva 110 Dolcevita profile

Riva - ad 1966

Riva 1972

 A closer look at the history of Riva

The fourth 53.25-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> YS53 yacht support <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> has been delivered to her owner, following her launch in March 2026 from the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Antalya, Turkey. <img src="https://photo-assets.superyachttimes.com/photo/397013/image/large-c33b6dbec1e5da99757b484375d47d5b.jpg" data-gid="gid://syiq/Photo/397013">Designed to operate either alongside a mothership or independently, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> has been crafted in-house by her builder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, which were responsible for her interior, exterior and naval architecture.&nbsp;Created around family experiences, shared moments on the water and operational purpose <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> will now serve as a purposeful extension of her owner's fleet, where she has been developed to provide additional space, support and flexibility.<img src="https://photo-assets.superyachttimes.com/photo/397012/image/large-e7a8adfa9276e3affbe8d0454cf3c3d4.jpg" data-gid="gid://syiq/Photo/397012">"From the outset, &nbsp;there was a clear vision for how the owner wanted to use YS53 <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> and the role she would play within the fleet," explained Rob Dolling, Owner’s Representative. "Together with Damen Yachting, we were able to translate those wishes into a vessel that is highly functional, personal and closely aligned with the owner’s programme."<a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> can comfortably accommodate up to eight guests, as well as 10 crew plus her captain. Her interior reflects the owner’s personal style, combining timeless elegance with Old English influences throughout. <img src="https://photo-assets.superyachttimes.com/photo/397011/image/large-c5c4c4fd9fd1617d2fa194c1f00b061d.jpg" data-gid="gid://syiq/Photo/397011"><a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> boasts the brand’s signature axe bow, while her reinforced deck supports touch-and-go helicopter operations. With a generous open main deck of more than 200 square-metres, this versatile space can be used for large tenders, toys and specialised equipment.This is complemented by a 15-tonne crane, enabling the handling of substantial tenders and heavy loads. With a volume just shy of 500 GT, she can accommodate up to eight guests, along with a crew of eight.<img src="https://photo-assets.superyachttimes.com/photo/397010/image/large-d904abeb9d80368dab56f223768c6958.jpg" data-gid="gid://syiq/Photo/397010">"As the fourth Yacht Support 53 delivered by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, she reflects the versatility of the Yacht Support range within modern superyacht ownership and has been created with a very clear purpose," concluded Jan van Hogerwou, Commercial Executive USA.Crafted with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which provide her with a cruising speed of 12 knots and a top speed of 19 knots. Once her sea trials are complete, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> will prepare for delivery to her owner. &nbsp;

Rafter: Fourth Damen Yachting YS53 yacht on sea trials

The fourth 53.25-metre Damen Yachting YS53 yacht support Rafter has been delivered following her launch in Antalya, Turkey in March 2026.

Fourth Damen Yachting YS53 yacht support Rafter delivered

Delivered in 2004 from Kaag, the Netherlands, the 86-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was once the largest <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yacht ever built. Recently photographed in St Tropez, SuperYacht Times takes a closer look at the steel superyacht that was built for speed. <img src="https://photo-assets.superyachttimes.com/photo/395950/image/large-78d864b2d934f5f50740eb7c6a29e533.jpg" data-gid="gid://syiq/Photo/395950">Commissioned for Russian business oligarch and politician Roman Abramovich, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was inspired by the 49.5-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a>. Launched in 1998, <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a> used aviation-industry specs, allowing her to reach an incredible 46 knots. <img src="https://photo-assets.superyachttimes.com/photo/395954/image/large-62905994bb01b749a975ff697414f3e9.jpg" data-gid="gid://syiq/Photo/395954">Much like the owner of <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a>, Abramovich was a keen diver and wanted to up the ante of <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a>. Rather than creating a larger version, he sought to build a yacht that was capable of combining long-range cruising with exceptional top-end performance. However, Abramovich liked <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a> so much, he actually purchased the yacht shortly after delivery.<img src="https://photo-assets.superyachttimes.com/photo/395960/image/large-fefa85fc5dee7d132c3e58941b4d3ace.jpg" data-gid="gid://syiq/Photo/395960">Known for their high-speed yachts and crazily complex technical engineering requirements, the contract for the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 790 yacht was signed in 2000, with construction beginning shortly thereafter. <img src="https://photo-assets.superyachttimes.com/photo/395955/image/large-105bb1a107567d475aca711626d08538.jpg" data-gid="gid://syiq/Photo/395955">Unlike conventional displacement yachts of her size, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was equipped with a unique propulsion package, combining four <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 4000 M70 diesel engines of 12,444 horsepower, with a <a data-gid="gid://syiq/Company/1992" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="General Electric (Company)">General Electric</a> LM2500 gas turbine which produces 30,843 horsepower.<img src="https://photo-assets.superyachttimes.com/photo/395953/image/large-e99a5cd6bb7a94017b38d6379e2cf1eb.jpg" data-gid="gid://syiq/Photo/395953">Together, the system generates more than 43,000 horsepower, with her diesel engines powering twin propellers for efficient cruising, while her gas turbine is connected to a large waterjet integrated into the yacht's stern, providing her with an additional boost of power.<img src="https://photo-assets.superyachttimes.com/photo/395959/image/large-57fa364d6428aed146796b54eec710e1.jpg" data-gid="gid://syiq/Photo/395959">The result allows <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> to exceed 30 knots and under diesel power alone, the yacht can reportedly reach 25 knots and cruise comfortably at around 22 knots, a remarkable achievement for an 86-metre superyacht at the time of her launch.<img src="https://photo-assets.superyachttimes.com/photo/395951/image/large-63005575fa834528f357d86247188cf2.jpg" data-gid="gid://syiq/Photo/395951">Despite her impressive performance credentials, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was conceived first and foremost as a luxury superyacht, combining a sleek hull form with an unusually ambitious speed requirement for a vessel of her size. She features exterior design by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, with interior design penned by <a data-gid="gid://syiq/Company/2" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Terence Disdale Design (Company)">Terence Disdale Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/395961/image/large-7227a5562f136cbb3a394c2158974fa5.jpg" data-gid="gid://syiq/Photo/395961"><a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> boasts an Asian-inspired interior, which later went on to win several interior design awards. Rich woods are used through in tones of brown and beige, complemented by stone, glass and marble elements. <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> can comfortably accommodate up to 14 guests across a seven stateroom configuration, alongside a crew of 24. <img src="https://photo-assets.superyachttimes.com/photo/395958/image/large-49e6ee1d492528cc251472df2de109ba.jpg" data-gid="gid://syiq/Photo/395958">One of <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a>'s most distinctive features is her enormous opening in her stern, which houses the outlet nozzle for the yacht's waterjet propulsion system. As well as this, she is equipped with a helicopter hangar by <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> on her bow, with her horizontal sliding hatches completely hidden in terms of both style and technical skill.<img src="https://photo-assets.superyachttimes.com/photo/395952/image/large-1ddd66b1bacbe1579b97649f705483ad.jpg" data-gid="gid://syiq/Photo/395952">In 2009, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was sold with <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> representing the seller, before she was sold to her current owner in June 2014, with <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> and <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> representing the seller.

Ecstasea: The Feadship yacht that was built for speed

SuperYacht Times takes a closer look at the 86m Feadship superyacht Ecstasea that was built for speed.

Ecstasea: The 86m Feadship superyacht that was built for speed

The 49.98-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> motor yacht <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> has been spotted on sea trials in the North Sea, following her transport through the Netherlands earlier this week in preparation.<img src="https://photo-assets.superyachttimes.com/photo/396813/image/large-b91f23af584a7316444180ce1cfb0db1.jpeg" data-gid="gid://syiq/Photo/396813">The yacht was launched from <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen's</a> facility in Oss, the Netherlands, on 14 March and marks the fourth hull in the Dutch shipyard's 5000 Aluminium series. Construction commenced in 2023, with her aluminium hull and superstructure united in July 2024.<img src="https://photo-assets.superyachttimes.com/photo/396812/image/large-7d000f0063adbc92f318e9b2d58c7018.jpeg" data-gid="gid://syiq/Photo/396812">Penned entirely in-house, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia's</a> naval architecture is based on <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen's</a> hard-chine, shallow-draught Fast Displacement Hull Form. Her exterior design was crafted by Frank Laupman of <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a> and is finished in a distinctive Whisper Grey <a data-gid="gid://syiq/Company/1485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Awlgrip (Company)">Awlgrip</a> paint scheme.<img src="https://photo-assets.superyachttimes.com/photo/396810/image/large-1961eda3c76187add8a6af4115b8c74d.jpeg" data-gid="gid://syiq/Photo/396810"><img src="https://photo-assets.superyachttimes.com/photo/396807/image/large-d1870b2254f1e3bdb2da557f0bd61daf.jpeg" data-gid="gid://syiq/Photo/396807">Inside, the semi-custom yacht features interiors by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a>, where a sophisticated palette of sage green tones, mustard accents and warm bronze details creates an inviting atmosphere throughout.<img src="https://photo-assets.superyachttimes.com/photo/396806/image/large-fc903b7fb9906edeb7c5cc615bbf59fd.jpeg" data-gid="gid://syiq/Photo/396806"> <img src="https://photo-assets.superyachttimes.com/photo/396814/image/large-703c345b11640b9751c6d66bb4dc87be.jpeg" data-gid="gid://syiq/Photo/396814">Drawing inspiration from her name, which derives from the Greek word for wisdom, the interior concept aims to evoke a sense of refinement and understated elegance.Moreover, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> accommodates up to 12 guests across five staterooms at a volume of 499 GT. <img src="https://photo-assets.superyachttimes.com/photo/396804/image/large-14beb04d7750059930cccd1561845462.jpeg" data-gid="gid://syiq/Photo/396804">The arrangement is centred around a spacious owner's suite on the forward main deck, while the remaining guest accommodation is located on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/396649/image/large-205f426ce70968959dc26de7e55d1248.jpeg" data-gid="gid://syiq/Photo/396649"><img src="https://photo-assets.superyachttimes.com/photo/396652/image/large-546c42eb9478bab7a3c65d2890fd6cd3.jpeg" data-gid="gid://syiq/Photo/396652">Outdoor living is a key feature of the yacht's design. A generous beach club provides direct access to the water, while the main deck aft terrace offers ample space for lounging and relaxation. Guests can enjoy alfresco dining on the bridge deck aft, with additional entertaining and sunbathing areas available on the expansive sundeck.<img src="https://photo-assets.superyachttimes.com/photo/396651/image/large-a603ef8da832512f7f449be519a433b4.jpeg" data-gid="gid://syiq/Photo/396651"><img src="https://photo-assets.superyachttimes.com/photo/396653/image/large-ab0cf674fd5eaebcc711944e0736c3cf.jpeg" data-gid="gid://syiq/Photo/396653">Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> is expected to reach a top speed of 23 knots and offers a transatlantic range of 3,100 nautical miles when cruising at 11 knots.<img src="https://photo-assets.superyachttimes.com/photo/396520/image/large-bc3e170199cfcab010ffbf2bec2571f3.jpg" data-gid="gid://syiq/Photo/396520">Built on speculation, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> is currently listed for sale and is scheduled for delivery on 15 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396647/image/large-318a3cc36ef6d0d7e0136af4f2acdb03.jpeg" data-gid="gid://syiq/Photo/396647"><img src="https://photo-assets.superyachttimes.com/photo/396522/image/large-f97599b52b7c3e4adb33a5e23df0ca8b.jpeg" data-gid="gid://syiq/Photo/396522">

Heesen yacht Sophia sea trials

Heesen has announced that the 49.98-metre Heesen motor yacht Sophia is preparing for her sea trials. 

50m Heesen superyacht Sophia on sea trials

The 109-metre <a href="https://www.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/6431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O3109.0m (357'7&quot;)Lürssen Yachts2026">O3</a>, ex. Project Icecap/Project Shackleton, has been delivered to her owner from the shipyard's facility in Hamburg. The superyacht is now cruising the Danish coast, having briefly stopped in Kristiansand in Norway on route, and is currently anchored in Flenburg on the south west coast. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/385756/image/large-55d770ba67f165c3682a05d06f089bca.jpg" data-gid="gid://syiq/Photo/385756">Originally announced in 2017, the superyacht was then resold in-build in 2022 and underwent significant changes under the supervision of the team at <a data-gid="gid://syiq/Company/6940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Occam Marine (Company)">Occam Marine</a> who oversaw her construction of behalf of her new owner. <img src="https://photo-assets.superyachttimes.com/photo/384315/image/large-c656645bce219c33e33273c7a4090898.jpg" data-gid="gid://syiq/Photo/384315">Originally the superyachts exterior was penned by <a data-gid="gid://syiq/Company/4827" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salt Ship Design (Company)">Salt Ship Design</a>, however since the resale the team at <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino Design</a> have dramatically redesigned her, adding an additional deck to the aft of the yacht that features a helipad ontop. The superyacht's interiors are the work of Parisian studio <a data-gid="gid://syiq/Company/4421" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CG Design (Company)">CG Design</a> and have been kept tightly underwraps.<img src="https://photo-assets.superyachttimes.com/photo/384314/image/large-9b4b8c9cd9bf8c33f745e7f938cdf2ed.jpg" data-gid="gid://syiq/Photo/384314">Construction began at the <a href="https://www.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a> Peene-Werft shipyard in Wolgast, Germany, before she was transferred to the <a href="https://www.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a> Hamburg facility for outfitting in 2022, where she was completed in a floating drydock. &nbsp; &nbsp;Designed and built for expedition, the superyacht has an ice-class hull, expansive tender, toy and equipment storage, in addition to the commercial helipad on her aft upper deck. &nbsp;

Lürssen yacht O3 delivered

The Lurssen superyacht O3 has been delivered to her owner.

109m Lürssen superyacht O3, ex.Shackleton, delivered

The +80-metre <a data-gid="gid://syiq/Company/7044" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simek AS (Company)">Simek AS</a> support vessel <a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a> (ex-FS Cygnus) has been spotted in Rotterdam, the Netherlands, following an extensive conversion at the <a data-gid="gid://syiq/Company/5453" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zwijnenburg Shipyard (Company)">Zwijnenburg Shipyard</a> in Krimpen aan den Ijssel. <img src="https://photo-assets.superyachttimes.com/photo/396515/image/large-da084f97851c09220f0042934a65c899.png" data-gid="gid://syiq/Photo/396515">The support yacht, converted from an offshore support vessel for the oil and gas industries, is now displaying the name <a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a> on her stern and side profile. This suggests she is related to the previous 80.1-metre <a data-gid="gid://syiq/Company/6617" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Shipyards (Company)">Damen Shipyards</a> support yacht U-81, which has since been sold and renamed <a data-gid="gid://syiq/Yacht/11888" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wingman80.1m (262'10&quot;)Damen Shipyards2022">Wingman</a>. The previous U-81 also spent considerable time in the care of Zwijnenburg Shipyard.<img src="https://photo-assets.superyachttimes.com/photo/396508/image/large-3ccc75bc4a4dd9f3638766f01df949a3.jpg" data-gid="gid://syiq/Photo/396508"><a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a> arrived in the Netherlands in April 2026 and spent 11 weeks at the <a data-gid="gid://syiq/Company/5453" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zwijnenburg Shipyard (Company)">Zwijnenburg Shipyard</a>. Originally launched in 2014, <a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a> featured exterior design and naval architecture by <a data-gid="gid://syiq/Company/4539" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ulstein Verft AS (Company)">Ulstein Verft AS</a>. The re-design of the vessel was done <a data-gid="gid://syiq/Company/8891" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio ZEA (Company)">Studio ZEA</a>, which is the new design firm by founded by renowned yacht designer Zlatko Imamovic, with <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a> acting as the owners representative<img src="https://photo-assets.superyachttimes.com/photo/396507/image/large-1b0612ad97ae9c22a02e570688fb80eb.jpg" data-gid="gid://syiq/Photo/396507"><a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a> previously operated as an offshore vessel, displaying a red hull and a continuous working deck aft. Details surrounding the full extent of her rebuild have not yet been disclosed, but the first images show a white hull and superstructure, a more pronounced bulbous bow and an additional deck extending her aft profile.&nbsp;Her elevated deck provides a sheltered space beneath, as well as giving her a more traditional yacht-like appearance. <a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a> now also displays a helideck and hangar, expanding her capabilities as a yacht support vessel.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/389111/image/large-0de1e59efd5df286448fcc404464721f.png" data-gid="gid://syiq/Photo/389111">SuperYacht Times has reached out to <a data-gid="gid://syiq/Company/5453" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zwijnenburg Shipyard (Company)">Zwijnenburg Shipyard</a> for more information on the rebuild of <a data-gid="gid://syiq/Yacht/16977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="U-8176.6m (251'4&quot;)Simek AS2014">U-81</a>, but they were unavailable for comment.

U81: 77m support vessel rebuild in Rotterdam

The 76m Simek AS support vessel FS Cygnus has emerged from the Zwijnenburg Shipyard as U-81, following an extensive rebuild.

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Newly converted yacht support vessel U-81 emerges from major rebuild

The 69.2-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/5993" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spectre69.2m (227'0&quot;)Benetti SpA2018">Spectre</a> has been spotted just outside Centraal Station, in Amsterdam. Built for American entrepreneur John Staluppi and delivered in 2018, the custom superyacht takes her name from the James Bond franchise, continuing the long-running 007 theme that has defined many of Staluppi's yachts. <img src="https://photo-assets.superyachttimes.com/photo/396450/image/large-f41c63a866d0f7acf0d71ce4c28a44c2.jpg" data-gid="gid://syiq/Photo/396450">The yacht was subsequently sold to a new owner in 2019, and Staluppi has since commissioned an <a data-gid="gid://syiq/Article/65721" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serial yacht owner John Staluppi buys 82m Bilgin in-build yacht Project Bond (2026-03-27 11:30:00 +0100)">82-metre Bilgin currently under construction, Project Bond</a>.Constructed with a steel hull and aluminum superstructure, <a data-gid="gid://syiq/Yacht/5993" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spectre69.2m (227'0&quot;)Benetti SpA2018">Spectre</a> features exterior design by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>, naval architecture by <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> and interiors developed by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, she has recently benefitted from a refit in 2025.<img src="https://photo-assets.superyachttimes.com/photo/396445/image/large-4c5e817a8c378d4fdff66750ed198fe7.jpg" data-gid="gid://syiq/Photo/396445">From the outside,&nbsp;<a data-gid="gid://syiq/Yacht/5993" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spectre69.2m (227'0&quot;)Benetti SpA2018">Spectre</a>&nbsp;presents sleek lines that are softened by flowing curves around her upper decks, horizontal glazing, tiered decks, and a sharp bow. Spacious outdoor areas provide multiple zones for relaxing and grand-scale entertaining.Aft, the deck highlights a raised pool flanked by massive lounge seating in vibrant blue, and a sit-up bar. One of her standout features is the beach club, which opens directly to the sea through sliding glass doors, while a secluded Jacuzzi on her private deck offers a more intimate retreat.<img src="https://photo-assets.superyachttimes.com/photo/396448/image/large-04fb4b0b89da7186f36cb87ec1b29829.jpg" data-gid="gid://syiq/Photo/396448">Stepping inside, <a data-gid="gid://syiq/Yacht/5993" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spectre69.2m (227'0&quot;)Benetti SpA2018">Spectre</a> embraces a luxurious aesthetic defined by high-gloss dark wood finishes, polished stone surfaces and metallic detailing. Large windows throughout her main deck flood her living spaces with natural light while framing ocean views.Her main saloon, featuring curved sofas and bespoke furnishings, seamlessly transitions into a formal dining area. Mirrored ceiling panels, sculptural lighting elements and reflective finishes further enhance the sense of volume and depth throughout the space. A dramatic central staircase and glass elevator connect the yachts' decks while serving as a defining architectural facet onboard.<img src="https://photo-assets.superyachttimes.com/photo/396449/image/large-1ce7632e3d8c84bb9e6313a5b883f218.jpg" data-gid="gid://syiq/Photo/396449">With a beam of 11.2-metres and spanning 1,403 GT, the yacht is arranged to accommodate up to 12 guests across six well-appointed staterooms. Dedicated quarters are provided for a crew of 15, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/396444/image/large-3400a5c223236147f9970e1641aedb61.jpg" data-gid="gid://syiq/Photo/396444">In terms of performance, <a data-gid="gid://syiq/Yacht/5993" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spectre69.2m (227'0&quot;)Benetti SpA2018">Spectre</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 17 knots, a top speed of 21 knots and a range of approximately 6,000 nautical miles, reinforcing her long-cruising credentials.&nbsp;

69m Benetti motor yacht Spectre in Amsterdam

Take a closer look at the 69.2-metre Benetti superyacht Spectre that has been spotted in Amsterdam.

This 69m Benetti is turning heads in Central Amsterdam

A fire broke out onboard the 34-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> at the <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove in Singapore on the morning of Sunday 7 June.<img src="https://photo-assets.superyachttimes.com/photo/396329/image/large-df8d245fde54d5510b42f5a1cacf3c45.jpg" data-gid="gid://syiq/Photo/396329">According to local news reports, the Singapore Civil Defence Force (SCDF) was alerted to a fire at 11 Cove Drive at around 8:10am. The yacht was fully engulfed in flames, with land based emergency services arriving at the scene in seven minutes and immediately deploying a water jet from the pontoon to fight the fire.<a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> began drifting away from her berth, with an SCDF Marine Vessel also deployed as part of the operation. “At the height of the firefighting operation, two water jets from the pontoon and one water monitor from the SCDF Marine Vessel were deployed,” explained the Singapore Civil Defence Force.&nbsp;Eyewitnesses reports state that around 13:40, the yacht was partially submerged in the water. There were no reported injuries at the time of publication and the cause of the fire is still being investigated.<img src="https://photo-assets.superyachttimes.com/photo/396330/image/large-2b40a148f09e6ca3d77483a385283abb.jpg" data-gid="gid://syiq/Photo/396330"><a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a>&nbsp;was one of five yachts in the EagleWings Yacht Charters fleet that sailed to nearby islands such as Lazarus Island. She has since been removed from the website, but Chairman and founder Julian Theng posted on social media that, "It was tough seeing <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a>go up in flames. So sudden and unexpected that a piece of my heart sank with it."He shared that when he arrived at the scene, he saw the captain and hugged him. "So grateful that the crew is safe and that no one was injured. Farewell <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a>, we will miss you. The awesome memories will live on."Launched in 2005 as part of the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> 112 series, <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> features interior and exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with naval architecture by <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>. Spanning 213 GT, the Italian-built yacht can comfortably accommodate up to 10 guests across a five stateroom configuration.&nbsp;Her master suite is situated forward on the main deck, while a full-beam VIP suite is located amidships on the lower deck, alongside a double stateroom forward and two twin staterooms. Performance-wise, <a data-gid="gid://syiq/Yacht/2768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eagle Wings III34.0m (111'7&quot;)Custom Line2005">Eagle Wings III</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that provide her with a top speed of 28.5 knots and a cruising speed of 25 knots.

Eagle Wings III: Fire destroys yacht at ONE°15 Marina Sentosa Cove

A fire broke out onboard the 34m Custom Line yacht Eagle Wings III at the ONE°15 Marina Sentosa Cove in Singapore on the morning of Sunday 7 June.

Fire destroys 34m yacht Eagle Wings III at ONE°15 Marina Sentosa Cove, Singapore

Recently spotted anchored off St Tropez by the SuperYacht Times team, the 96-metre superyacht <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> remains the largest modern private superyacht ever built in the United Kingdom. Constructed by <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> in Plymouth and delivered in 2012, SuperYacht Times takes a look at 10 things you didn’t know about the <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> flagship.<img src="https://photo-assets.superyachttimes.com/photo/395647/image/large-c8c0480475b32d2822ac3b4050fd16cb.jpg" data-gid="gid://syiq/Photo/395647">1. She has been under the same ownership since deliveryCommissioned in 2007 by a Swiss-Italian family and delivered in 2012, <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> has remained within the family’s ownership for over a decade. Known as the former Project-55, she was launched on 10 September 2011 and christened <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a>, with her sea trials commencing in October 2011.<img src="https://photo-assets.superyachttimes.com/photo/395636/image/large-784dda4f94be2bf21fab944a36c68946.jpg" data-gid="gid://syiq/Photo/395636">2. She was built at a former naval shipyardFounded in 1989, by the Babcock International Group, <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> was based in Plymouth, Devon and was part of a tradition of boat building at the Devonport Royal Docks, which have been building and supporting The British Royal Navy for over three hundred years. Blending military-grade engineering with superyacht luxury, <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> put the UK on the map for large motor yacht designs. On 23 February 2010, <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> was acquired by <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>, with the two companies joining forces to expand the offering at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>’ base in Falmouth.<img src="https://photo-assets.superyachttimes.com/photo/395648/image/large-5c060da19ac4dc275b02e1e9083a83ba.jpg" data-gid="gid://syiq/Photo/395648">3. The owner gifted his last superyacht to his motherThe name Vava has been used by the family on previous yachts, with <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> succeeding an earlier vessel bearing the same name. The previous 47.3-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/1064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava47.3m (155'2&quot;)Feadship1996">Vava</a> was delivered in 1996, with the brief that her owner should enjoy the most peaceful long-distance cruising possible. The yacht was allegedly gifted to his mother when <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a>I was delivered. <img src="https://photo-assets.superyachttimes.com/photo/395638/image/large-690e352299b20df7f4a808579a964981.jpg" data-gid="gid://syiq/Photo/395638">4. Her owner won sailing's most famous trophyHer Swiss-Italian owner who as well as being listed as one of the top 100 wealthiest people in the world by Forbes magazine in 2013, is also a keen yachtsman and sailor. After founding the yachting syndicate Team Alinghi in 2000, her owner entered and won the renowned America’s Cup in 2003, bringing the Cup to Europe for the first time.<img src="https://photo-assets.superyachttimes.com/photo/395644/image/large-8e6e948f928e48edf31db24a2923fcf6.jpg" data-gid="gid://syiq/Photo/395644">5. Her designers fought off competition to be chosen&nbsp;<a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> features exterior design by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, while her interior was penned by <a data-gid="gid://syiq/Company/533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rémi Tessier (Company)">Rémi Tessier</a>, with naval architecture by her builder Devonport. In an interview with SuperYacht Times in 2016, <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> Founder Justin Redman explained that it was an incredible opportunity to win the commission over other designers. “We felt we won it because we developed not only a very unique looking profile for her owner, but one which incorporated key influences which he had brought to the table from sailboat racing,” he explained.&nbsp;You can read the full interview <a data-gid="gid://syiq/Article/46674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: A behind-the-scenes look at Redman Whitely Dixon (2016-03-08 12:00:00 +0100)">here</a>. <img src="https://photo-assets.superyachttimes.com/photo/395643/image/large-c90cf5553c0191d6762a7293bea6cb81.jpg" data-gid="gid://syiq/Photo/395643">6. She can accommodate a high number of guestsBuilt to SOLAS-36 passenger ship standards, <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> set a new standard in the charter market for 2012 following her delivery. <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> can comfortably accommodate up to 36 guests across an impressive 18 staterooms. Her master suite boasts an open-plan layout, while her full-beam VIP suite rivals other luxury yachts. She can also sleep a crew of 34. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/395633/image/large-d1c97626edc7f61f7ed6e51652d62cfb.jpg" data-gid="gid://syiq/Photo/395633">7. She features one of the largest beach clubs of her generationWhen <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> was launched, expansive beach clubs were still relatively uncommon on large yachts. <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> boasted a substantial waterside leisure area that helped set the standard for the indoor-outdoor lifestyle spaces that have since become commonplace across the superyacht sector. Other key features include an aft deck swimming pool, a main deck saloon with a sliding glass wall and a helideck, which was recently spotted with an Airbus H125 landing onboard. <img src="https://photo-assets.superyachttimes.com/photo/395637/image/large-45075d272b12450df93265d130e80084.jpg" data-gid="gid://syiq/Photo/395637">8. She has participated in scientific missions Although often spotted in the Mediterranean, <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> was designed with global exploration in mind. She has been deployed for three research expeditions by scientists from the Zoological Society of London (ZSL) and other research universities from around the world. Her substantial fuel capacity, advanced engineering systems and robust construction allow her to undertake extended voyages far beyond the traditional summer cruising grounds frequented by many large yachts. Over the years she has travelled as far as Antarctica and Polynesia and has participated in scientific missions in the Indian Ocean.<img src="https://photo-assets.superyachttimes.com/photo/395645/image/large-9a7d3fd9d75bd6b12e895fb6df0b9175.jpg" data-gid="gid://syiq/Photo/395645">9. She helped put British superyacht construction back in the spotlightThe delivery of <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> attracted significant international attention and demonstrated that Britain could still compete in the upper size segments of superyacht construction. More than a decade later, she remains a lasting symbol of British engineering, design and craftsmanship.<img src="https://photo-assets.superyachttimes.com/photo/395639/image/large-ce7d1bb5e1194e11f710c58e1226e024.jpg" data-gid="gid://syiq/Photo/395639">10. She remains the largest modern superyacht built in the UK<a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> still remains the largest modern superyacht ever constructed in the UK. The second largest modern superyacht is the 82-metre <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> yacht <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a>, which was launched in 2008 and recently underwent an extensive refit at the <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a> facility in Genova Italy.

UK’s largest modern superyacht Vava II

SuperYacht Times takes a look at 10 things you didn’t know about the Devonport flagship, Vava II. 

Vava II: 10 things you didn't know about the UK's largest superyacht

<a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting&nbsp;</a>has announced that the 60.2-metre Xplorer 60 yacht <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> and her 53.25-metre support vessel <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a> have departed the builder's main shipyard in Vlissingen, the Netherlands. This departure follows a period of refit, service and optimisation works. According to AIS data, both vessels are currently en route to Reykjavik, Iceland.<img src="https://photo-assets.superyachttimes.com/photo/396232/image/large-abd42b77a1b431f487ab944294f2e03e.jpeg" data-gid="gid://syiq/Photo/396232">The yard commented the works were customised to the owner's specific operational needs while preparing the fleet for extensive cruising and exploration in remote regions.Delivered in 2025, both vessels were conceived for long-range autonomy and expedition-style cruising. The pair were acquired by the same owner through <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, who oversaw their integration into a single exploration-focused fleet.<img src="https://photo-assets.superyachttimes.com/photo/396229/image/large-f729916d9bf110968c318dc15a60c062.jpeg" data-gid="gid://syiq/Photo/396229"><a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> features naval architecture developed in-house by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, with exterior design by <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a> and interiors by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>. Her onboard amenities include a wellness deck equipped with a Jacuzzi, bar and sauna, a convertible tender hangar that transforms into a lounge and karaoke bar, and a forward observation lounge designed for wildlife and weather watching.<img src="https://photo-assets.superyachttimes.com/photo/396230/image/large-5aa256db87522afed8b9fe78dbef7a37.jpeg" data-gid="gid://syiq/Photo/396230">Meanwhile, <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a> was designed inside and out by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. The support vessel carries a range of expedition equipment, including tenders, a submarine and watersports gear. This allows the mothership to remain dedicated to guest accommodation and entertainment.In terms of performance, both yachts are powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines. <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> has a cruising speed of 11.5 knots and a top speed of 14.5 knots, while <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a> cruises at 12 knots and can reach a maximum speed of 19 knots. Together, the two vessels provide the capabilities of a much larger expedition yacht while retaining the flexibility and operational advantages of a dual-vessel setup.<img src="https://photo-assets.superyachttimes.com/photo/396231/image/large-b80cda5f786823cbca02643d696ec9a9.jpeg" data-gid="gid://syiq/Photo/396231">“It is always rewarding to welcome our yachts back to Vlissingen,” said Head of Refit &amp; Services at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> Michel Coens. “Their return reflects the trust placed in our team, our facilities and the way we work together with the Owner’s team, the Crew and our own specialists. Seeing After You and Emotional depart again ready for their next journey is something we can be proud of.”&nbsp;Photos provided courtesy of <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>.

After You and Emotional depart Damen Yachting following refit

The 60.2-metre Xplorer 60 yacht After You and her 53.25-metre support vessel Emotional have departed the builder's main shipyard in Vlissingen.


Xplorer 60 yacht After You and support vessel Emotional depart Damen Yachting after refit

The United States Court of Appeals for the Second Circuit has upheld a lower court ruling that Eduard Khudainatov, the former owner of the 106.1-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>, cannot claim ownership following her seizure in 2022, marking the last chance he had to appeal the decision.SuperYacht Times takes a look back at the full legal battle over the yacht’s ownership and the proceedings that led to the US Government’s forfeiture of the yacht.<img src="https://photo-assets.superyachttimes.com/photo/393887/image/large-ad933bf5db70a1d40d13082c78016610.jpg" data-gid="gid://syiq/Photo/393887">The seizure of AmadeaIn April 2022, U.S. authorities under the Biden administration, seized <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> in Fiji as part of their Task Force KleptoCapture, which aimed at intensifying sanction enforcements against Russian oligarchs linked to President Vladimir Putin.&nbsp;Prosecutors allege that sanctioned Russian billionaire Suleiman Kerimov is the owner of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>, while Eduard Khudainatov, the former chief of Russian state oil and gas company Rosneft, and his company Millemarin Investment claim that the yacht is under their ownership.&nbsp;Suleiman Kerimov was sanctioned by the U.S. Treasury Department, in consultation with the Department of State in 2018 for his role as an official of the Russian Federation and a member of the Russian Federation Council. He was alleged to have moved hundreds of millions of euros into France, in addition to conducting standard fund transfers without disclosing the money to French tax authorities.The arrest of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> was announced on 14 April 2022, but the Task Force KleptoCapture did not get the official green light for her arrest until 4 May. During this period a plea had been made by Millemarin Investment on the registration of the US warrant to seize <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>.&nbsp;The Fijian Court of Appeals dismissed the plea on 27 May, opening an avenue for the U.S. Department of Justice to actualise the arrest and transport her to U.S. territory. From there, the yacht was locked in a legal battle for several years regarding her true ownership. <img src="https://photo-assets.superyachttimes.com/photo/393882/image/large-85002cf90fcbd0f9d3c4545d29a092c9.jpg" data-gid="gid://syiq/Photo/393882">The ownership structure behind AmadeaAccording to court documents, a Memorandum of Agreement (MOA) in September 2021 showed that Millemarin Investments Ltd were committed to sell <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> for €225 million to a Cayman Islands entity that was created less than one week before the deal. Under the agreement, the buyer acquired the right to use the yacht and assumed responsibility for her operating costs following the initial €45 million payment.Lawyers representing Millemarin claim the Cayman Islands-based company is owned by Khudainatov and because he is not currently sanctioned by the U.S, his legal team therefore challenged the seizure and forfeiture of the yacht.However, U.S prosecutors argue that the sanctioned Russian billionaire Kerimov was behind the Cayman Islands entity and that he allegedly used a web of shell companies to hide his assets, including <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>, and evade international sanctions.&nbsp;It was alleged that Khudainatov was serving as the "straw” or nominal owner to obscure Kerimov's involvement.<img src="https://photo-assets.superyachttimes.com/photo/393883/image/large-99488250fa35ea39ce37fa28d4ff2747.jpg" data-gid="gid://syiq/Photo/393883">The court battle In October 2023, U.S. Justice Department filed a civil forfeiture complaint for ownership of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> following her seizure and relocation to San Diego in 2022. The complaint was filed at the Manhattan federal court and marked the start of a lengthy judicial process for the US to seek ownership.The U.S. Department of Justice alleged in its complaint that Suleiman Kerimov bought <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> in 2021, and then violated U.S. sanctions by making more than $1 million in maintenance payments through U.S. financial institutions.Just four months later, the U.S. government filed a petition to auction <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> before the dispute over her ownership was resolved, stating that the yacht was currently costing the U.S government more than $7 million a year to maintain.A court filing by federal prosecutors in Manhattan told U.S. District Judge Dale Ho that <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> currently had an “excessive” $600,000 monthly average maintenance bill, and urged the judge to consider an auction. They also alleged that talks to have Khudainatov pay for <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>'s upkeep had broken down.&nbsp;In January 2025, the evidentiary hearing began to determine the ownership of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>. Rachael Doud, Assistant US Attorney for the Southern District of New York stated that Kerimov’s niece allegedly paid €225 million to complete the sale of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> in 2021 on his behalf and to bypass sanctions which had been imposed on him since 2018.According to Doud, Kerimov and his family used the vessel and had plans to use it further, with Khudainatov acting as a straw owner. Khudainatov’s lawyer Adam Ford argued that there is no evidence of a completed sale and characterised the agreement with Kerimov as a loan rather than a purchase.<img src="https://photo-assets.superyachttimes.com/photo/393875/image/large-a816cc99184d93f85c79dca79e3e1630.jpg" data-gid="gid://syiq/Photo/393875">Ownership claims rejected and yacht sold at auctionOn 10 March 2025, U.S. District Judge Dale Ho issued an 80-page ruling that stated that while Khudainatov retained the "bare title" to <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> after September 2021, the true beneficial owner was sanctioned Russian billionaire Suleiman Kerimov.The decision marked a significant victory for the U.S. Department of Justice, prompting them to announce in August 2025 that <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> would be offered for sale via a sealed-bid auction on 10 September 2025.The auction was administered by the National Maritime Services of Fort Lauderdale, Florida, in accordance with a forfeiture order issued by the U.S. District Court for the Southern District of New York (Case 1:23-cv-09304), with <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> appointed as promotional agent for the auction.In October 2025, a spokesperson for the United States Marshals Service confirmed that <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> had been sold at auction, with her new owner and price not disclosed. However, Khudainatov and Millemarin Investments submitted an appeal to the United States Court of Appeals for the Second Circuit, maintaining they were the beneficial owners of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>. <img src="https://photo-assets.superyachttimes.com/photo/393872/image/large-9aac7473aea0108815459490aee8c9cf.jpg" data-gid="gid://syiq/Photo/393872">Final ownership appeal rejectedIn a decision issued on 1 June 2026, the court and circuit Judges Parker, Lohier and Merriam affirmed Ho’s previous ruling, confirming that Eduard Khudainatov and Millemarin Investments Ltd were unable to demonstrate a sufficient beneficial interest in <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>.&nbsp;The court agreed with the District Court in the Southern District of New York, stating that Khudainatov acted as a "straw owner" and despite a sale agreement in 2021 that transferred control and economic responsibility for the yacht, he only appeared as the legal owner on paper, with the real economic ownership allegedly under the control of Kerimov.&nbsp;The United States Court of Appeals for the Second Circuit confirmed that Khudainatov failed to demonstrate the type of beneficial interest required under US law to contest civil forfeiture proceedings.“With the standard of proof established, we review the District Court’s legal conclusions relating to standing de novo and its factual findings for clear error,” explained the court. “The District Court correctly concluded that the claimants’ legal title to the <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> did not itself establish standing to contest the <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>’s forfeiture. For the foregoing reasons, we affirm the judgments of the District Court.”As a result of this, the legal challenge over ownership has been brought to a close, with the Government’s forfeiture of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> remaining in place, and no other avenues available for the claimants to pursue ownership arguments in the United States courts.Delivered in 2017, <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> 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 International</a>, while her interior was penned by <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>, with naval architecture by her builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>. With a gross tonnage of 4,402, <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> can comfortably accommodate up to 16 guests across an eight stateroom configuration, alongside an impressive crew of 36.&nbsp;Amenities onboard include an infinity pool, a certified helipad, a private owner’s spa, a separate guest spa and two elevators. Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, the yacht has a top speed of 20 knots, a cruising speed of 13 knots and a range of 8,000 nautical miles.&nbsp;According to AIS, <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> is currently located in Monaco.

Amadea yacht ownership appeal rejected

The US Court of Appeals has upheld the court ruling that Eduard Khudainatov cannot claim ownership of the 106m Lürssen yacht Amadea.

US Court rejects final appeal from ex.owner of 106m yacht Amadea

The 28-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> motor yacht <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> has been sold, with <a data-gid="gid://syiq/Company/5145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wind Yachts (Company)">Wind Yachts</a> representing both the buyer and the seller.<img src="https://photo-assets.superyachttimes.com/photo/334603/image/large-3843056cae12b405587e0178075eb840.png" data-gid="gid://syiq/Photo/334603">Delivered in 1996 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a>&nbsp;features exterior and interior design by <a data-gid="gid://syiq/Company/6244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali di Lavagna (Company)">Cantieri Navali di Lavagna</a>. Meanwhile, her classic Italian naval architecture was developed in-house by <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> has benefited from an extensive refit programme carried out throughout 2023 and 2024, preparing her for continued cruising following her delivery under her new ownership. She is set to be delivered in the Adriatic Sea ahead of the upcoming season.Constructed with an aluminium hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> has a beam of seven-metres and an interior volume of 150 GT. Accommodation onboard is arranged for up to 12 guests, alongside dedicated quarters for a crew of four, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 22 knots and a top speed of 29 knots. When cruising at a speed of 21 knots, she offers a range of 400 nautical miles.At the time of her sale, <a data-gid="gid://syiq/Yacht/14441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vis28.0m (91'10&quot;)Admiral1996">Vis</a> had a last known asking price of €1,400,000. Image provided courtesy of&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.

 28m Admiral motor yacht Vis sold

 The 28-metre Admiral motor yacht Vis has been sold with Wind Yachts and a last known asking price of €1,400,000.

The 31.71-metre <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay</a> motor yacht <a data-gid="gid://syiq/Yacht/3799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nyla31.71m (104'0&quot;)Mengi Yay Yachts2015">Nyla</a> has been sold, with Sam Watts of <a data-gid="gid://syiq/Company/2396" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="37 South Yachts (Company)">37 South Yachts</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/350158/image/large-fe2f141107ae457cba865cee438ca326.jpg" data-gid="gid://syiq/Photo/350158">Delivered in 2015 by the Turkish shipyard, <a data-gid="gid://syiq/Yacht/3799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nyla31.71m (104'0&quot;)Mengi Yay Yachts2015">Nyla</a> was formerly known as Ocean Dream and Serenitas. She features exterior design and naval architecture by <a data-gid="gid://syiq/Company/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ginton Naval Architects (Company)">Ginton Naval Architects</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Guido de Groot Design (Company)">Guido de Groot Design.</a>According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Yacht/3799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nyla31.71m (104'0&quot;)Mengi Yay Yachts2015">Nyla</a> most recently underwent a refit in Australia in 2024, where her interior living spaces had benefited from an extensive redesign. Her main saloon has been fitted with an upgraded lounge seating, a retractable projector and a formal dining area for up to 10 guests. Exterior amenities include a spacious foredeck with shaded dining and lounge areas, while her sundeck is equipped with additional alfresco dining spaces, a bar and a hot tub.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/3799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nyla31.71m (104'0&quot;)Mengi Yay Yachts2015">Nyla</a> has a beam of 7.5-metres and an interior volume of 285 GT. Accommodation onboard is arranged for up to 10 guests across five staterooms, including a full-beam, main-deck owner's suite complete with a walk-through office and ensuite bathroom. Dedicated quarters are also provided for a crew of six, including her captain.Propulsion-wise, <a data-gid="gid://syiq/Yacht/3799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nyla31.71m (104'0&quot;)Mengi Yay Yachts2015">Nyla</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, delivering a cruising speed of 10 knots and a top speed of 14 knots. She offers a range of 4,000 nautical miles at a comfortable cruising speed of 10 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/3799" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nyla31.71m (104'0&quot;)Mengi Yay Yachts2015">Nyla</a> had a last known asking price of $7,000,000. Image courtesy of&nbsp;<a data-gid="gid://syiq/Company/2396" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="37 South Yachts (Company)">37 South Yachts</a>.

32m Mengi Yay motor yacht Nyla sold

The 31.71-metre Mengi Yay motor yacht Nyla has been sold with a last known asking price of $7,000,000.

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

Tecnomar yacht Shadow sold

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

31m Tecnomar motor yacht Shadow sold

The 26.09-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/13860" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="St Jude26.09m (85'7&quot;)Azimut Yachts2025">St Jude</a> is currently for sale with Ed Dickinson 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>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> presents an opportunity to acquire a recently delivered and highly specified example of the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 26 Metri series. <img src="https://photo-assets.superyachttimes.com/photo/396921/image/large-ff944c89d13eb307ec0217c75a08e8c8.jpeg" data-gid="gid://syiq/Photo/396921">Delivered in 2025, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> benefits from a carbon-fibre superstructure designed to reduce weight and improve efficiency when cruising. Constructed with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/13860" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="St Jude26.09m (85'7&quot;)Azimut Yachts2025">St Jude</a> has a beam of 6.3-metres and a draft of 2.05-metres. She features exterior design by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>, while her interior was penned by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. Her naval architecture was developed by her builder.&nbsp; Outside, <a data-gid="gid://syiq/Yacht/13860" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="St Jude26.09m (85'7&quot;)Azimut Yachts2025">St Jude</a>’s exterior spaces are a highlight onboard. The <a data-gid="gid://syiq/Yacht/13860" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="St Jude26.09m (85'7&quot;)Azimut Yachts2025">yacht St Jude for sale</a> is fitted with <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>’s optional Deck2Deck folding sea terrace system, which expands the usable aft deck area allowing it to be closer to the water. Meanwhile, her flybridge has been configured for relaxing and entertaining, featuring a dining table that could seat up to 10 guests, an American-style bar, barbeque grill, opening hardtop, and secondary help station. Forward, her bow lounge benefits from additional seating and sunbathing zones, tucked away from the main guest spaces.<img src="https://photo-assets.superyachttimes.com/photo/396922/image/large-b17c982cd7b5c2ba9113b7864705be5f.jpeg" data-gid="gid://syiq/Photo/396922">Stepping inside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> embraces a contemporary interior defined by soft neutral tones, curved furnishings, and extensive glazing that draws in abundant natural light. Her layout separates the dining area from her main saloon, encouraging gatherings to be more intimate, while her upgraded galley includes a serving window opening directly into the dining space to facilitate guest service. <img src="https://photo-assets.superyachttimes.com/photo/396923/image/large-22435a62778c5c6762f8010710893939.jpeg" data-gid="gid://syiq/Photo/396923">At an interior volume of 122 GT, accommodation onboard <a data-gid="gid://syiq/Yacht/13860" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="St Jude26.09m (85'7&quot;)Azimut Yachts2025">St Jude</a> is arranged for up to 10 guests across a five-stateroom layout. Her full-beam owner’s suite is situated on the main deck and benefits from enhanced sound insulation, blackout blinds and an oversized bed. Dedicated quarters are also provided for a crew of three, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/397068/image/large-1fcc7af707c5579ae424a83bf3c32c28.jpeg" data-gid="gid://syiq/Photo/397068">In terms of performance, the <a data-gid="gid://syiq/Yacht/13860" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="St Jude26.09m (85'7&quot;)Azimut Yachts2025">yacht St Jude for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines delivering a cruising speed of 23 knots and a top speed of 26 knots.<img src="https://photo-assets.superyachttimes.com/photo/396920/image/large-a4ddf5b7874a04338f96c6d9608e3bc5.jpg" data-gid="gid://syiq/Photo/396920">All images provided courtesy 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>.

26m Azimut motor yacht St Jude for sale

The 26.09-metre Azimut motor yacht St Jude is currently for sale with Northrop & Johnson.

The 28.96-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> motor yacht <a data-gid="gid://syiq/Yacht/11146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Current $ea28.96m (95'0&quot;)Princess Yachts2011">Current $ea</a> has been sold. Arto Horenyan and Demir Ozgur of <a data-gid="gid://syiq/Company/7231" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Purom LLC (Company)">Purom Yacht Sales</a> introduced the buyer, while <a data-gid="gid://syiq/Company/1693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blue Ocean Yacht Management (Company)">Blue Oceans Yachting</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/297356/image/large-fb368d723c9b5093a7391e102023de52.jpg" data-gid="gid://syiq/Photo/297356">Delivered in 2011, the <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> 95 yacht benefitted from a refit in 2024. She features interior penned in-house by her builder, with exterior design and naval architecture crafted by <a data-gid="gid://syiq/Company/2740" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olesinski Ltd. (Company)">Olesinski</a>.At a volume of 173 GT, <a data-gid="gid://syiq/Yacht/11146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Current $ea28.96m (95'0&quot;)Princess Yachts2011">Current $ea</a> can accommodate up to eight guests across four well-appointed staterooms. Her layout comprises a master suite, VIP suite, a double and a twin stateroom. Moreover, the yacht's main saloon is fitted with comfortable seating surrounding a coffee table, while a formal dining area forward can seat eight guests. Aft, guests can enjoy alfresco dining, as well as evenings at the bar and lounge area beneath a custom hardtop in the flybridge.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/11146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Current $ea28.96m (95'0&quot;)Princess Yachts2011">Current $ea</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a cruising speed of 15 knots and a top speed of 29 knots.

Princess yacht Current Sea sold

The 28.96-metre Princess motor yacht Current $ea has been sold.

29m Princess motor yacht Current $ea sold

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has denied rumours that they had a possible interest in acquiring <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a>.<img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">According to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, press articles had reported that they were in negotiations with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to acquire the entire share capital or the main assets. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> clarified that at present no negotiations to that effect are underway with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> or its shareholders.“At the same time, as a leading player in the Italian yachting industry and in line with its external growth strategy, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> continuously evaluates and assesses potential opportunities that may arise in the market,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> closed their statement by confirming that if they were to proceed with any transactions, it would inform the market in compliance with terms and conditions required by law.In February 2026, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that Chairman Filippo Menchelli and Vice Chairman Marco Carniani had resigned, with Giovanni Costantino elected as Chairman of the Board of Directors.The following week, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> launched a forensic investigation into internal overspending and financial irregularities. KPMG was appointed to conduct an independent forensic due diligence review, as a result of the actions made possible by a group of individuals within <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.&nbsp;Since then, the Court of Florence has granted protective measures restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction. Last week, these measures were partially lifted for five shipowners.Read more: <a data-gid="gid://syiq/Article/66308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florence court lifts protective measures for five The Italian Sea Group yacht contracts (2026-06-11 10:00:00 +0200)">Florence court lifts protective measures for five The Italian Sea Group yacht contracts</a>The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is not the only company that has denied acquisition rumours for TISG. In March 2026, German yacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> told SuperYacht Times that <a data-gid="gid://syiq/Article/65574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen not considering acquiring The Italian Sea Group (2026-03-09 14:00:00 +0100)">the company had not considered acquiring TISG</a>.&nbsp;

Ferretti Group denies The Italian Sea Group acquisition rumours

Italian yacht builder Ferretti Group has denied rumours that they had a possible interest in acquiring The Italian Sea Group (TISG).

<a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> has announced the keel laying for Inkfish's new 100-metre research vessel, <a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a> at the <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> Shipyard in Brăila, Romania. Known during construction as NB 999, the vessel will be the first research platform purpose-built for Gabe Newell’s research organisation.<img src="https://photo-assets.superyachttimes.com/photo/397061/image/large-d35a472dcc679e61841c880a2655ea40.jpeg" data-gid="gid://syiq/Photo/397061">Developed from the <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> 9 33 platform, <a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a> represents a contract of more than €200 million. Upon delivery, she will join Inkfish's expanding fleet alongside the 55.75-metre <a data-gid="gid://syiq/Company/1643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Auroux (Company)">Auroux</a> vessel <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydra55.75m (182'11&quot;)Auroux1974">Hydra</a> and the 68.28-metre <a data-gid="gid://syiq/Company/3754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tacoma Boat Building Co (Company)">Tacoma Boat Building</a> vessel <a data-gid="gid://syiq/Yacht/10637" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dagon68.28m (224'0&quot;)Tacoma Boat Building Co1985">Dagon</a>.<img src="https://photo-assets.superyachttimes.com/photo/365665/image/large-908318675f42f6a91544e68f54985a77.png" data-gid="gid://syiq/Photo/365665">Read more:&nbsp;<a data-gid="gid://syiq/Article/64326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco (2025-09-25 13:30:00 +0200)">From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco</a><a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a> is designed to support deep-ocean exploration and scientific operations. She will be equipped with a remotely operated vehicle capable of operating at depths of up to 6,000-metres. Like the rest of the Inkfish fleet, she will contribute to global marine research efforts and share collected data through open-access scientific repositories.<img src="https://photo-assets.superyachttimes.com/photo/397058/image/large-4eb30edccf76f557eef22493215f51d9.jpeg" data-gid="gid://syiq/Photo/397058">The project is the result of a collaborative design programme initiated in early 2024 between Inkfish and its UK-based technical advisers, <a data-gid="gid://syiq/Company/7198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YTMC Limited (Company)">YTMC</a>. With a beam of 20.7-metres, <a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a> will be able to accommodate up to 70 people, including scientists and crew. Onboard, she will feature state-of-the-art laboratories, office spaces and workshops, complemented by high-quality accommodation and leisure facilities designed for extended missions at sea.<img src="https://photo-assets.superyachttimes.com/photo/397059/image/large-a5ea1a627ba59ada6647e8daad68fc5d.jpeg" data-gid="gid://syiq/Photo/397059">The vessel will utilise a hybrid power and propulsion arrangement and is expected to reach a top speed of 15 knots. Her hull has been engineered to optimise seafloor mapping performance while delivering enhanced seakeeping capabilities. Anti-roll technology will help reduce vessel motion and accelerations, while dynamic positioning systems will allow her to maintain precise station-keeping during scientific operations.<img src="https://photo-assets.superyachttimes.com/photo/365663/image/large-c61127683cf23a8c4c8a30a5e12daadd.png" data-gid="gid://syiq/Photo/365663">Following hull construction, <a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a> will proceed to <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> Søviknes for final outfitting, commissioning and delivery. Together with <a data-gid="gid://syiq/Yacht/17142" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV11000162.0m (531'6&quot;)Vard Group AS2030">RV11000</a>, she forms part of Gabe Newell’s expanding research fleet.Read more about RV11000: <a data-gid="gid://syiq/Article/66207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard signs €700M contract with Gabe Newell’s Inkfish for 162m research vessel (2026-05-29 14:00:00 +0200)">Vard signs €700M contract with Gabe Newell’s Inkfish for 162m research vessel</a>Newell is the co-founder, president and majority owner of the video game company Valve Corporation. He is also the owner of Inkfish and a shareholder in Dutch yacht builder <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>.<img src="https://photo-assets.superyachttimes.com/photo/372661/image/large-efbaa1c91bfa6988f938d8e2732895dd.jpg" data-gid="gid://syiq/Photo/372661">Read more: <a data-gid="gid://syiq/Article/63947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gabe Newell buys Oceanco (2025-08-01 10:15:00 +0200)">Gabe Newell buys Oceanco</a>In September 2025, Newell revealed in an <a data-gid="gid://syiq/Article/64326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco (2025-09-25 13:30:00 +0200)">exclusive interview with SuperYacht Times</a> that he owns the 78.5-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/10" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocinante78.4m (257'3&quot;)Lürssen Yachts2008">Rocinante</a>, the 72.15-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> yacht <a data-gid="gid://syiq/Yacht/5955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Game Changer72.15m (236'9&quot;)Damen Yachting2017">Game Changer</a>, the 92.8-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht <a data-gid="gid://syiq/Yacht/4018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Draak92.8m (304'6&quot;)Oceanco2014">Draak</a>, and the 111-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>.As previously noted, his research platforms include <a data-gid="gid://syiq/Yacht/10637" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dagon68.28m (224'0&quot;)Tacoma Boat Building Co1985">Dagon</a>, operating as a full-ocean-depth surface support vessel, and <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydra55.75m (182'11&quot;)Auroux1974">Hydra</a>, designed for coastal research and scientific studies.

Vard research vessel RV6000 keel laid

Vard has marked a major construction milestone for Inkfish's new 100-metre research vessel, RV6000.

Construction begins on Gabe Newell's 100m Inkfish research vessel RV6000

<img src="https://photo-assets.superyachttimes.com/photo/397057/image/large-4de87309467dff8f61f6d021318d49d1.jpg" data-gid="gid://syiq/Photo/397057">The 43-metre <a data-gid="gid://syiq/Company/2405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hike Metal Works (Company)">Hike Metal Works</a> explorer yacht <a data-gid="gid://syiq/Yacht/3859" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Friendly Confines43.0m (141'1&quot;)Hike Metal Works2006">Friendly Confines</a> was spotted docked in Dublin, Ireland, late last May. According to AIS data, she is currently in Bergen, Norway, having arrived from Belfast earlier this month.Delivered in 2006 by the Canadian shipyard, the yacht was formerly known as Marcato and Copasetic. More recently, <a data-gid="gid://syiq/Yacht/3859" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Friendly Confines43.0m (141'1&quot;)Hike Metal Works2006">Friendly Confines</a> underwent an extensive refit at <a data-gid="gid://syiq/Company/4473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STP Shipyard Palma (Company)">STP Shipyard Palma</a> between 2025 and 2026. Among her defining exterior features is a blue hull, which complements her rugged explorer profile.Her interiors were designed by <a data-gid="gid://syiq/Company/489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast Design Studio (Company)">Gold Coast Design Studio</a>, while naval architecture and exterior design were penned by <a data-gid="gid://syiq/Company/2432" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Guarino & Cox (Company)">Guarino &amp; Cox</a>. With an internal volume of 491 GT, she can accommodate up to 12 guests across five well-appointed staterooms, attended by a crew of seven.In terms of propulsion, <a data-gid="gid://syiq/Yacht/3859" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Friendly Confines43.0m (141'1&quot;)Hike Metal Works2006">Friendly Confines</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, enabling a cruising speed of 13 knots and a top speed of 14 knots.

43m explorer yacht Friendly Confines in Dublin

The 43-metre Hike Metal Works explorer yacht Friendly Confines was spotted docked in Dublin, Ireland.

The 49.8-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> sold in a deal with <a data-gid="gid://syiq/Company/1550" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marine Marketing (Company)">Marine Marketing</a> introducing the buyer, alongside Nathan Farrelly of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> and <a data-gid="gid://syiq/Company/4795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One Brokerage Australia (Company)">One Brokerage Australia</a>. <img src="https://photo-assets.superyachttimes.com/photo/397051/image/large-5a5dce9decb30e6d016cb98d7fde34c4.jpg" data-gid="gid://syiq/Photo/397051">Delivered in 2018 as part of the <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> 5000 Semi-Displacement series, <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> features exterior design by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>, with interior design penned by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a> and naval architecture by her Dutch builder <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>.<a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> can comfortably accommodate up to 12 guests across a six stateroom configuration, with her master suite situated on the main deck forward, while her VIP suite, two doubles and two twin staterooms can be found on the lower deck.In terms of performance, <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which propel her to a top speed of 23 knots and a cruising speed of 12 knots. At the time of the sale, <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> had a last known asking price of €28,500,000.&nbsp;

Daisy D: 50m Heesen yacht sold

The 49.8-metre Heesen superyacht Daisy D sold, with a last known asking price of €28,500,000.

50m Heesen superyacht Daisy D sold

The 30.48-metre <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras</a> motor yacht <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> sold in a deal with Iain Lawrie of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> introducing the buyer and Michael Zaidan of <a data-gid="gid://syiq/Company/5149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Borden and Associates Yacht Sales (Company)">Borden &amp; Associates Yacht Sales</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/397019/image/large-1adf3cf22ae9625acf3be275898f7595.jpg" data-gid="gid://syiq/Photo/397019">Delivered in 2001, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Hargrave (Company)">Jack Hargrave</a>. Spanning 180 GT, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> can comfortably accommodate up to 10 guests across a five stateroom configuration.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> can reach a top speed of 24 knots and a cruising speed of 18 knots, thanks to twin <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engines. At the time of her sale, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> had a last known asking price of $1,450,000.(Image courtesy of Merle Wood &amp; Associates.)

Sunday Money: 31m Hatteras yacht sold

The 30.48-metre Hatteras motor yacht Sunday Money sold with a last known asking price of $1,450,000.

Fleet Updates

A closer look at the history of Riva