To drive the next development phase of Montenegro-based shipyard <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>, the company has appointed a new senior management team, naming Klaus Borgschulte as CEO and Dirk Malgowski to lead commercial and corporate development initiatives.<img src="https://photo-assets.superyachttimes.com/photo/371555/image/large-a9cdd6cb4506b124d6157a8305a1a2a9.jpeg" data-gid="gid://syiq/Photo/371555">“As we now embark upon a very substantial and challenging programme of further development and growth at our yard, we are delighted to welcome the duo of Klaus and Dirk whose collective experience in the yacht and shipbuilding and refit industries is almost unrivaled,” said <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42&nbsp;</a>Chairman David Margason.<img src="https://photo-assets.superyachttimes.com/photo/371583/image/large-35aa7ebbb1b9b64f1d340784055aff4f.jpg" data-gid="gid://syiq/Photo/371583">Klaus succeeds outgoing CEO Eric Robert-Peillard, who has overseen the yard through a series of complex and high-value refits over the past year. Commenting on the appointments, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42&nbsp;</a>Chairman David Margason said of Eric:“We would like to thank Eric for his tremendous efforts of the past year during which <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> has bid, won and delivered multiple service and refit projects and moved substantially up the ladder of size and complexity of projects delivered.”<img src="https://photo-assets.superyachttimes.com/photo/371582/image/large-568cea37abd041a7526f1c116da42c8d.jpg" data-gid="gid://syiq/Photo/371582"> For nearly two decades, Klaus and Dirk have collaborated at <a data-gid="gid://syiq/Company/1137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ThyssenKrupp Marine Systems (Company)">ThyssenKrupp</a> and <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> shipyards, where they played key roles in the construction and refit of several notable superyachts.&nbsp;“We look forward to their bringing this enormous experience to bear on our exciting future plans which are in the advanced stages of planning and are now beginning their implementation and to being able to update our clients and the wider industry of those plans soon,” concluded David.

Adriatic 42 new senior management team

Adriatic 42 shipyard

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Dirk Malgowski of Adriatic 42

Klaus Borgschulte CEO of Adriatic 42

 To drive the next development phase of Montenegro-based shipyard Adriatic 42, the company has appointed its new senior management team.

Adriatic 42 appoints Klaus Borgschulte as CEO and Dirk Malgowski to leadership team

<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> has announced the appointment of Captain Mike Rouse as Strategic Advisor. According to the shipyard, the move reinforces its commitment to integrating real-world operational expertise into its long-term technical and design strategy.<img src="https://photo-assets.superyachttimes.com/photo/394667/image/large-5b4aaad4ee99f3c3f7ab904c085af851.jpg" data-gid="gid://syiq/Photo/394667">Mike brings extensive experience from senior command roles, technical advisory work, and project oversight gained over decades at sea. His career includes commanding large yachts, supporting complex newbuild projects, and advising on major refits across Northern Europe. This breadth of experience positions him to bridge the gap between operational realities on board and advanced yacht engineering. He has also worked closely with owners’ teams as an owner’s representative throughout his career.He will collaborate closely with <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen’s</a> board and technical departments to assess emerging technologies and refine build standards, while integrating operational feedback from the earliest stages of design and engineering. His input will also assist in optimising layout efficiency, crew operations, and long-range capability from the outset, ensuring practical functionality is embedded alongside performance and aesthetics.“Bringing Mike into the organisation marks a progressive step in our pursuit of excellence,” said <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> CEO Jeroen van der Meer. “His operational insight, combined with our engineering capability, enhances our ability to deliver yachts that are technologically advanced and perfectly aligned with the realities of contemporary yachting. His contribution will support our technical teams as we evolve our product range and enter a new chapter of innovation.”He will also advise <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen’s</a> in-house interior division on the balance between design ambition and maritime durability. Through this approach, Mike will support a holistic approach that aligns luxury with long-term resilience.“In superyacht construction, the difference between a good yacht and a great one often emerges only after thousands of miles underway,” concludes Mike. “My goal is to ensure those operational nuances are embedded from day one. I look forward to working with the engineering teams to champion practical innovation and uphold <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen’s</a> reputation for uncompromising Northern European quality.”

Heesen appoints Mike Rouse strategic advisor

Heesen has announced the appointment of Captain Mike Rouse as Strategic Advisor.

Heesen appoints Captain Mike Rouse as Strategic Advisor

American shipyard <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> has announced the appointment of Tim Kershaw as its new Director of Sales, strengthening the shipyard’s focus on highly customised superyacht projects and long-term client relationships.<img src="https://photo-assets.superyachttimes.com/photo/394023/image/large-396029ab8be781064b4c7fb385a20839.jpg" data-gid="gid://syiq/Photo/394023">Kershaw joins the Seattle-based shipyard, bringing 14 years of experience in the yachting industry. Beginning his career as a crew, he later transitioned into sales and marketing roles in the last decade, having built extensive experience from brokerage to new build transactions.In his new role, Kershaw will oversee sales activity in key international markets, particularly the United States, Mexico, and Europe. He will also welcome brokers and prospective owners to <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>’s Seattle shipyard to view current in-build projects and future developments.“This is a dynamic moment for <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a>, with significant new projects underway and growing interest from experienced owners,” said Michelle Jones of <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>. “Tim’s market knowledge and hands-on background give him exactly the perspective we want at the front of our new build conversations.”Kershaw’s appointment comes as <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> progresses construction on two major projects: Discovery, a 48-metre custom yacht centred on wellness and movement, and Zembra, a 46-metre full-displacement motor yacht engineered for long-range expedition.Founded in 1967, <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> is recognised for building fully custom superyachts entirely in-house at its Seattle facilities, overseeing every stage from design and engineering through to fabrication and finishing.Commenting on his appointment, Kershaw noted that he looks forward to engaging closely with owners, family offices and brokerage houses as the shipyard continues expanding its presence within the sector of custom superyachts.

Delta Marine appoints Tim Kershaw as Director of Sales

Delta Marine has appointed Tim Kershaw as Director of Sales as the shipyard advances several custom superyacht projects.

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect, following the company’s Annual General Meeting held on 15 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">The appointment was confirmed by the Board of Directors, which also reconfirmed Tan Ning as Chairman of the Board. Anastassov succeeds Alberto Galassi, whose departure from the company was announced yesterday.Read: <a data-gid="gid://syiq/Article/66087" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors (2026-05-14 16:00:00 +0200)">Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors</a><img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-769ff4738384374b511d59651630542a.jpg" data-gid="gid://syiq/Photo/220951">Anastassov joins the group with extensive international leadership experience across the consumer, industrial and manufacturing sectors. He previously served as the President and Chief Executive Officer of Duracell and spent three decades in senior leadership roles at Procter &amp; Gamble across Europe, North America, Asia and the Middle East.In addition to his executive experience, Anastassov currently serves as a non-executive director of JS Global Lifestyle and Better Shelter, while also advising international companies and investment firms on governance and operational transformation.“It is an honour to be appointed Chief Executive Officer of a unique company built on extraordinary brands, exceptional craftsmanship and talented people,” commented Stassi Anastassov.&nbsp;“Italy is and will remain the heart of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. Our commitment is first and foremost to the strength, stability and long-term success of the Company. By serving the business well, we serve all shareholders, employees, customers and partners who contribute to <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s future.”During yesterday’s shareholder’s meeting is was announced that Tan Ning was appointed as Chairman of the Board of Directors, alongside Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer joins the board representing minority shareholder Azùr a.s.“On behalf of the Board, I thank shareholders for their continued trust and support. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> enters this next phase with strong foundations, exceptional brands and significant long-term opportunities,” added Tan Ning.&nbsp;“The Board remains fully committed to continuity, disciplined execution and the long-term development of the Group. Under Mr. Anastassov’s leadership, the Group will continue to strengthen its operational excellence, global positioning and long-term value creation while preserving the unique heritage and identity that define <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.”<img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929">Ownership tensions continueAs well as this, Reuters reported earlier today that Czech investor KKCG Maritime had submitted a request to the Italian government to assess whether <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has breached "golden power" rules designed to shield strategic assets.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.As a result of this, KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. "A request has been received and is currently being considered by the relevant departments,” explained Industry Minister Adolfo Urso.During the announcement of its new CEO Stassi Anastassov, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> said it would continue to execute its existing strategic and industrial plans while further strengthening operational discipline, global development and long-term value creation.The company’s next Board meeting is scheduled for 19 May 2026, during which it will review its first-quarter 2026 financial results.

Ferretti Group appoints Stassi Anastassov as CEO

The Ferretti Group has officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect.

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Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has announced it will open the doors of its Alblasserdam facilities on Friday, 22 May 2026 for a dedicated career day, held in celebration of World Boating Day in collaboration with its Co-makers. The event invites students, professionals and those curious about the maritime sector to explore opportunities within yacht building and beyond.&nbsp;<a href="https://forms.office.com/pages/responsepage.aspx?id=rfLC-phH10-j6nf2j-Kyha2DvHmgZLJDuDFoHtr2Ey5UNzhKQjFWQjJQTkwwTFM3SlRNRURZTTBBTi4u&route=shorturl" target="_blank">Registration is available via the official Oceanco Career Day form</a>.Designed to provide a comprehensive introduction to the industry, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> Career Day will centre around three immersive experiences, offering visitors a closer look at the people, processes and potential career paths behind the construction of a superyacht.<img src="https://photo-assets.superyachttimes.com/photo/392031/image/large-a98523349bfcf7ab6470712ab561960e.jpg" data-gid="gid://syiq/Photo/392031">Three ways to experience yacht buildingThe Story of a Build, an interactive journey tracing the lifecycle of an <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht from initial concept through to delivery. Through a series of installations, visitors will encounter technologies such as virtual reality tours and live 3D printing, bringing each stage of the build process into focus.The Co-maker Community, a dedicated space where attendees can engage directly with <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and its network of partner companies. Representatives will be available to discuss roles across the yacht building supply chain and the wider maritime sector, offering valuable insight into the collaborative nature of the industry.The Forum, will host a programme of expert talks and panel discussions. Speakers from across the sector will share their experiences, providing perspective on career development within a highly technical and innovation-driven environment.Opening doors to future talent<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> Career Day aims to demystify the superyacht industry and make it more accessible to emerging talent. Whether at the beginning of a professional journey or considering a new direction, visitors will gain a clearer understanding of how their skills may translate into a role within <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> or its wider partner network.Event details Date: Friday, 22 May 2026 Time: 10.00 – 16.00 Location: <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, Marineweg 5, Alblasserdam

Oceanco Career Day 2026

Oceanco has announced it will open the doors of its Alblasserdam facilities on Friday, 22 May 2026 for a dedicated career day.

Oceanco opens its doors to talent for World Boating Day  on 22 May

<a data-gid="gid://syiq/Company/734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camberley International Inc. (Company)">Camberley International</a> has announced the appointment of Roy Posthuma and Darina Posthuma as Charter and Sales Brokers.<img src="https://photo-assets.superyachttimes.com/photo/391845/image/large-4d5d8299dcc4b0c320e582a0052aaf13.png" data-gid="gid://syiq/Photo/391845">Darina has been working in the superyacht industry since 2017, drawing on a varied professional background that includes management consulting, banking and Formula 1. She focuses on advising high-net-worth individuals, entrepreneurs, founders, and family offices, offering highly tailored yachting solutions.Her expertise spans family-focused charters, explorer yachts, and fully bespoke global itineraries. In her role, she will concentrate on personalised client advisory services, particularly across the Mediterranean and other key international markets.Meanwhile, Roy brings over a decade of experience in the superyacht industry. Based in La Spezia, Italy, he advises a global client base spanning the Mediterranean and the Caribbean. In his new role, he will support the company’s growth in charter and brokerage services, with a particular focus on serving clients worldwide.“His appointment further strengthens <a data-gid="gid://syiq/Company/734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camberley International Inc. (Company)">Camberley International’s</a> charter and sales capabilities amid continued strong market activity,” the company concluded.

Camberley International appoints two brokers

Camberley International has announced the appointment of Roy Posthuma and Darina Posthuma as Charter and Sales Brokers.


Camberley International appoints two Charter and Sales brokers

<a data-gid="gid://syiq/Company/4683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berthon International (Company)">Berthon International</a> has announced the appointment of Tim Carbury as Managing Director. Carbury succeeds Sue Grant, who is retiring after leading the business for 35 years. <img src="https://photo-assets.superyachttimes.com/photo/391751/image/large-9c30dd78f442b5a3dbedab14814928a2.jpg" data-gid="gid://syiq/Photo/391751">In his new role, he will oversee the continued development of the business, which employs a team of brokers and support staff across multiple international offices.Carbury will be spearheading the global brokerage house whose headquarters are in the United Kingdom, with a service company in Spain as well as sales offices in Sweden, Spain, and the United States.Furthermore, Carbury brings decades of experience in the yachting sector, which he began at the age of 18.&nbsp;He has held a range of roles across the industry, including positions in yacht brokerage and his recent role as the Head of Sales at <a data-gid="gid://syiq/Company/4683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berthon International (Company)">Berthon International</a> Spain, where he played a key role in developing the company’s presence in the Mediterranean market.“<a data-gid="gid://syiq/Company/4683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berthon International (Company)">Berthon International</a> has grown from a two-broker, 20-yacht-sales-a-year business 35 years ago to the business it is today, none of which would have been possible without the commitment and work of the great <a data-gid="gid://syiq/Company/4683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berthon International (Company)">Berthon</a> team,” said Sue Grant. “Tim will do a great job in further developing the Group.”Carbury added: “The <a data-gid="gid://syiq/Company/4683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berthon International (Company)">Berthon</a> brand is strong, and I am joining a professional and able team, all of whom are passionate about yachts and the business. I look forward to working with them to take the business forward.” (Image courtesy of <a data-gid="gid://syiq/Company/4683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berthon International (Company)">Berthon International</a>.)

 Berthon International appoints Tim Carbury as Managing Director

Berthon International has appointed Tim Carbury as Managing Director, succeeding Sue Grant, who is retiring after 35 years of leadership.

<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has announced the opening of a new Monaco sales office, with Lyam Last appointed as Sales Manager. <img src="https://photo-assets.superyachttimes.com/photo/391687/image/large-d0778b32c49ad0053dc339e5e1e2cd7f.jpg" data-gid="gid://syiq/Photo/391687">Following its transition back to operating as a Dutch, family-owned business, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> is investing in stronger regional support and sales hubs in key yachting markets. Located in the heart of the Mediterranean, the new office aims to provide a direct link between international clientele and the shipyard in Oss, the Netherlands.“Our objective is to bring back the family-led dedication that defines <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>. As we plan for the future, it is important to have teams located in key yachting regions,” explained Jeroen van der Meer, CEO of <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/391690/image/large-3e2de1647b88607cc995b5f1c5f3ff52.jpg" data-gid="gid://syiq/Photo/391690">“A local presence enables closer collaboration with owners, managers, and brokers active in the region, ensuring that <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s sales operations remain grounded in the shipyard’s heritage while providing a tailored, authentic experience for the international yachting community.”Joining the Sales team, Lyam Last has been appointed as Sales Manager, bringing with him a data-driven approach to yachting. Last founded monitoring software company Nauticare and is focused on the practicalities of the yachting lifestyle.&nbsp;“I am pleased to welcome Lyam to our team; his respect for our craftsmanship and heritage ensures we are better positioned to support our owners and the brokerage community as we continue to build their lifetime dreams,” concluded van der Meer.

Lyam Last appointed Sales Manager of Heesen Yachts Monaco office

Heesen Yachts has announced the opening of a new Monaco sales office, with Lyam Last appointed as Sales Manager.

Heesen Yachts appoints Lyam Last as Sales Manager of new Monaco office

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG</a>) has announced the appointment of Fabio Zanobini as Chief Financial Officer. The company has also restructured its internal audit function as part of efforts to support its financial processes.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">Zanobini, who will assume the role effective 20 April 2026, has also been designated by the Board of Directors as the manager responsible for preparing the company’s financial reports, with full organisational and certification powers in accordance with applicable regulations. He brings experience in administration, finance and control, having previously held senior roles across industrial groups and listed companies. In recent years, he has worked as CFO and Group CFO at Tecno and Neodecortech.In parallel, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> has assigned its internal audit function to Peak Compliance, appointing Elena Bocchino to lead the role for an initial 12-month period. The company noted that the external appointment ensures adequate independence, expertise and organisational structure for the function.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The appointments follow <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> engagement of KPMG on 2 March 2026 to conduct a forensic review into extra-budget costs across its order portfolio. The review includes findings related to the circumvention of internal controls.Read: <a data-gid="gid://syiq/Article/65640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group moves to restructure after internal financial irregularities (2026-03-16 12:15:00 +0100)">The Italian Sea Group moves to restructure after internal financial irregularities</a>These developments coincide with board-level changes, with <a data-gid="gid://syiq/Article/65488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group Chairman resigns; Giovanni Costantino elected as successor (2026-02-27 11:45:00 +0100)">Giovanni Costantino recently appointed Chairman</a> after the resignation of his predecessor.On 16 March 2026, the company also initiated a negotiated settlement procedure under Italian Legislative Decree No. 14/2019. This allows it to continue operating while undergoing restructuring under independent supervision. Dr. Enrico Terzani, President of the Order of Chartered Accountants and Accounting Experts of Florence, has been appointed to oversee the process. Protective measures have also been granted over the company’s assets during ongoing negotiations.

The Italian Sea Group CFO and external audit lead

TISG has announced the appointment of Fabio Zanobini as Chief Financial Officer.


TISG appoints new CFO and external audit lead amid governance review

<a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker International</a> has confirmed that its current investors, Cheyne Capital and Cross Ocean Partners, will maintain the company’s existing holding structure, following <a data-gid="gid://syiq/Article/65515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker secures new ownership with KCP acquisition and new CEO (2026-03-03 12:45:00 +0100)">last month’s announcement</a> that private investment firm KCP would acquire the British shipyard.According to <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, KCP, in partnership with Lionheart Capital, was unable to complete the previously announced and agreed debt purchase and subsequent share acquisition within the required timeframe.Read: <a data-gid="gid://syiq/Article/65515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker secures new ownership with KCP acquisition and new CEO (2026-03-03 12:45:00 +0100)">Sunseeker secures new ownership with KCP acquisition and new CEO</a><img src="https://photo-assets.superyachttimes.com/photo/390574/image/large-348fdd17d47fd558b49a441521a3dcf2.jpg" data-gid="gid://syiq/Photo/390574">As a result of this, KCP was not able to finalise its funding arrangements in time, with existing lenders Cheyne Capital and Cross Ocean Partners instead stepping in to take ownership of the business, subject to regulatory approvals.Former Chief Operating Officer Steve Timms has been appointed interim CEO, with more than 25 years of experience within the company. He will lead the business while a comprehensive search for a permanent successor is conducted, while Antony Sheriff will remain involved with <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> as a Special Advisor.Earlier this year, <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> outlined a revised strategic direction aimed at repositioning the company as a leading builder in the superyacht segment. In line with this strategy, Cheyne Capital and Cross Ocean Partners plan to provide additional investment across the company’s products, operations and workforce in the coming months.(Image provided by Sunseeker.)

Sunseeker new interim CEO

Sunseeker has announced a new interim CEO Steve Timms as Cheyne Capital and Cross Ocean Partners maintain the company’s existing holding structure. 

Sunseeker ownership confirms strategy and appoints Steve Timms as interim CEO

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has announced a change in leadership as Henk and Tom de Vries step down from day-to-day management of Koninklijke De Vries Scheepsbouw (Royal De Vries Shipbuilding.)<img src="https://photo-assets.superyachttimes.com/photo/358039/image/large-828e1518791f71e8978fa8918828ff1d.jpg" data-gid="gid://syiq/Photo/358039">The occasion was commemorated at the shipyard’s Aalsmeer facility on 8 April 2026, where more than 500 guests from across the Dutch and international superyacht industry gathered alongside family and friends for an event titled “Passing the Helm with Flying Colours.”The day-to-day management will now continue with Roderick de Vries as Chief Executive Officer, Rob de Vries as Chief Projects Officer, Bas Nederpelt as Chief Commercial Officer and <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Director and John Veldman as Chief Financial Officer. Collectively, the team brings more than 80 years of experience within the De Vries organisation.<img src="https://photo-assets.superyachttimes.com/photo/390530/image/large-2e7887f0137a1974e059233698d7668f.png" data-gid="gid://syiq/Photo/390530">Despite stepping back from operational roles, Henk and Tom de Vries will remain involved with <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> as ambassadors. They will also continue their engagement with Koninklijke De Vries Scheepsbouw as members of the Supervisory Board and as shareholders.Last year, Henk de Vries III announced that he would retire as Director of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and CEO of Koninklijke De Vries Scheepsbouw on 1 May 2025. Henk de Vries began working at the family business in 1987 and eventually became a director and shareholder in 1996, alongside his cousin Tom de Vries.Read:&nbsp;<a data-gid="gid://syiq/Article/63179" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Henk de Vries retires from Feadship and Koninklijke De Vries Scheepsbouw (2025-04-24 16:45:00 +0200)">Henk de Vries retires from Feadship and Koninklijke De Vries Scheepsbouw</a><img src="https://photo-assets.superyachttimes.com/photo/390531/image/large-3c652112b350c22662a9a6a53449bccb.jpg" data-gid="gid://syiq/Photo/390531">The De Vries Group is dedicated to custom-built superyachts and is comprised of six operating companies: Koninklijke De Vries Scheepsbouw, De Vries Scheepsbouw Makkum, Scheepswerf Slob, Akerboom Yacht Equipment, De Klerk Binnenbouw and STI Engineering.In 2006, the De Vries family business was awarded the designation ‘Koninklijk’ (Royal) at the time of its centenary. The title is given to companies in the Netherlands that have distinguished themselves in terms of quality and craftsmanship by the monarch.&nbsp;

Feadship Koninklijke De Vries Scheepsbouw leadership changes

Henk and Tom de Vries step down from day-to-day management at Koninklijke De Vries Scheepsbouw, marking a new leadership phase within Feadship.

Henk and Tom De Vries step down at Feadship Koninklijke De Vries Scheepsbouw

<a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a> has unveiled the interior concept for its 33-metre explorer yacht <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering</a> 110, developed in collaboration with <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>. The reveal offers a first look inside the model, with the first hull currently under construction.<img src="https://photo-assets.superyachttimes.com/photo/372249/image/large-9ffc2bdc420009249ec1e58cf2df10ec.jpg" data-gid="gid://syiq/Photo/372249">Conceived as a crossover yacht, the <a data-gid="gid://syiq/Yacht/16391" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering 110/0133.3m (109'3&quot;)Bering Yachts2027">Bering 110</a> aims to combine explorer yacht capabilities with the volume and comfort more commonly associated with larger vessels. While her steel hull and projected range of more than 5,000 nautical miles highlight her exploration credentials, her interior design takes a more restrained direction.<img src="https://photo-assets.superyachttimes.com/photo/396259/image/large-f625f19ab89d937510477f384352590f.jpg" data-gid="gid://syiq/Photo/396259"><img src="https://photo-assets.superyachttimes.com/photo/396260/image/large-a2b92ec224adb00b9d7dd82abc89d6e7.jpg" data-gid="gid://syiq/Photo/396260">According to <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>, the model’s interiors draw inspiration from Far Eastern principles of simplicity, balance and precision. The main saloon has been conceived as a continuous living space where the lounge, dining area and window seating flow naturally into one another. <img src="https://photo-assets.superyachttimes.com/photo/396261/image/large-cc4e5a6cd3ef0e8648071aa84ed8aa4c.jpg" data-gid="gid://syiq/Photo/396261">Warm wood panelling, soft neutral tones, raw marble surfaces and placed burgundy accents are meticulously layered, while a curved sofa serves as the focal point of the lounge. <img src="https://photo-assets.superyachttimes.com/photo/396263/image/large-0399d48b166deffd4f40f4913f613896.jpg" data-gid="gid://syiq/Photo/396263">Moreover, textured stone and bronze-toned detailing are combined with carefully layered lighting, while a sculptural staircase frames her darker finishes.<img src="https://photo-assets.superyachttimes.com/photo/396262/image/large-ce40fe1687e59360a3005f217a6e43f4.jpg" data-gid="gid://syiq/Photo/396262" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);"><img src="https://photo-assets.superyachttimes.com/photo/396270/image/large-ad0ab9b178534091e4385f873d3d1d9c.jpg" data-gid="gid://syiq/Photo/396270">Full-height wooden windows let in abundant natural light and the surrounding sea views. Cana Gokhan of <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a> further remarks,“The details are clean and deliberate, with subtle nods to the discipline of calligraphy.” <img src="https://photo-assets.superyachttimes.com/photo/396266/image/large-e4501624263e2141f062a608fa7b3791.jpg" data-gid="gid://syiq/Photo/396266">Her interiors are imagined as a space where guests can genuinely unwind. Rather than displaying traditional superyacht opulence, the yacht’s design prioritises stillness, comfort and liveability.<img src="https://photo-assets.superyachttimes.com/photo/396267/image/large-b4c50c8988ec45e5ee044bbec49a62ac.jpg" data-gid="gid://syiq/Photo/396267" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/396264/image/large-8b953afd3227d4243379a0203dd395a2.jpg" data-gid="gid://syiq/Photo/396264">The layout remains closely aligned with <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering</a>'s explorer identity. Her asymmetrical main saloon benefits from generous width and circulation. The owner's suite, additional guest accommodations and crew areas have been configured for extended stays onboard.<img src="https://photo-assets.superyachttimes.com/photo/396269/image/large-0acb9673d1b760945dfd2d9b0b56ca8f.jpg" data-gid="gid://syiq/Photo/396269" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">&nbsp;Dedicated storage with ample space for necessary supplies and equipment have also been incorporated to support long-range cruising and self-sufficiency at sea.<img src="https://photo-assets.superyachttimes.com/photo/396268/image/large-ab189de88814a2399080943d53faafd3.jpg" data-gid="gid://syiq/Photo/396268" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/396265/image/large-9161f81cc4dbee429d677289fd44aba4.jpg" data-gid="gid://syiq/Photo/396265">The <a data-gid="gid://syiq/Yacht/16391" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering 110/0133.3m (109'3&quot;)Bering Yachts2027">Bering 110</a> forms part of the shipyard's growing Superyacht Division, with additional interior details expected to be revealed as the project progresses. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>,<a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">&nbsp;Bering</a> has several yachts in-build including the 49.68-metre Bering 165 yacht, and the first hull of <a data-gid="gid://syiq/Yacht/16391" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering 110/0133.3m (109'3&quot;)Bering Yachts2027">Bering 110</a>.&nbsp;

 Bering unveils interior concept for in-build 33m explorer yacht Bering 110

Bering has unveiled the interior concept for its in-build 33-metre explorer yacht Bering 110, developed in collaboration with Red Yacht Design. 


<a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a> has announced that the keel of the third 43.7-metre <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht has been laid from the shipyard in Ancona, Italy, marking the start of her construction. <img src="https://photo-assets.superyachttimes.com/photo/396273/image/large-966918cdfe1cdf289affc294bd4fded0.jpg" data-gid="gid://syiq/Photo/396273">The sale of the third displacement yacht was announced in April 2026 to a client from the United States, with delivery scheduled for 2029. Developed by <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Enrico Gobbi of TEAM for Design</a> in collaboration with the shipyard’s technical department, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht features a steel hull and aluminium superstructure.&nbsp;Distinguished by fluid, perfectly balanced lines that create a sleek silhouette, the ISA Unica 45M yacht combines generous interior volume with extended outdoor spaces and large glazed sections.Read:&nbsp;<a data-gid="gid://syiq/Article/65857" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Third ISA UNICA 45M Steel superyacht sold with 2029 delivery date (2026-04-14 20:30:00 +0200)">Third ISA UNICA 45M Steel superyacht sold with 2029 delivery date</a><img src="https://photo-assets.superyachttimes.com/photo/396272/image/large-8336c72513a1f53dfad504c1679588b9.jpg" data-gid="gid://syiq/Photo/396272">Spanning 430 GT, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht can accommodate up to 12 guests across a six stateroom configuration, with her owner’s suite positioned aft on the upper deck. The suite includes a private lounge, desk area, walk-in wardrobe and ensuite bathroom.Further guest accommodation includes a VIP suite on the main deck with large side windows, a walk-in wardrobe and an ensuite with a separate shower, while the remaining guest accommodation can be found on the lower deck, comprising two further VIP suites and two twin suites.&nbsp;Moving outside, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht boasts a stern layout spanning three levels. Descending towards the water, the space includes sunpads, a pool and an infinity cockpit, all of which are enclosed by a glass balustrade.<img src="https://photo-assets.superyachttimes.com/photo/396271/image/large-796abe1179971e5145e9e562c63fbc12.jpg" data-gid="gid://syiq/Photo/396271">Her main deck includes a gym, while dining spaces will be arranged both indoors on the main deck and outside on the upper deck, each accommodating up to 12 guests for formal dinners.Other key features include her upper deck which features a forward lounge and sunpad area, while her 16-metre fly deck incorporates additional lounging and dining spaces, a bar and a circular Jacuzzi.In terms of performance, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a top speed of 15 knots and a cruising speed of 14 knots.

Keel of third ISA Unica 45m yacht laid

ISA Yachts has announced that the keel of the third 43.7-metre ISA Unica 45M yacht has been laid from the shipyard in Ancona, Italy.

Third ISA Unica 45M motor yacht keel laid

Dutch design studio <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a> has revealed new renderings of in-build 69-metre sailing yacht <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> ahead of her launch this summer, offering a closer look at her design philosophy, custom interiors, and renewable energy systems.<img src="https://photo-assets.superyachttimes.com/photo/396254/image/large-94d02d1ae28bc065a048800a6e2d96e3.png" data-gid="gid://syiq/Photo/396254">Developed in collaboration with <a data-gid="gid://syiq/Company/230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dykstra Naval Architects (Company)">Dykstra Naval Architects</a>, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> has spent six years in development. Rather than purely focusing on reducing energy consumption, the yacht is reported to be the first of her class to be designed around energy generation. This radical approach allows the yacht to run for up to two weeks on purely renewable sources, without relying on fossil fuels.<img src="https://photo-assets.superyachttimes.com/photo/396253/image/large-7447c42b77f8a8f7bc690af39433370f.jpg" data-gid="gid://syiq/Photo/396253"><a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> has been designed to honour the owners' appreciation for traditional sailing yachts while introducing a host of bespoke design solutions. Outside, custom elements can be found throughout, from the spoon bow and matte-finished deck hardware to the sculpted stern cap and hand-painted transom finished in a wood-effect treatment. Her notable metallic blue hull is further distinguished by a feather-inspired boot stripe, a reference to the black-browed albatross that served as a major inspiration for her design.<img src="https://photo-assets.superyachttimes.com/photo/396256/image/large-a8857968400b95119871dc187c9832f9.png" data-gid="gid://syiq/Photo/396256">Looking inside, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> embraces a holistic interior concept centred on natural materials, craftsmanship and owner-focused living. <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>’s interior rejects highly polished finishes in favour of tactile textures and organic materials to embody nature. Smoked European oak, reclaimed bark-based materials, leathered stone and hand-selected veneers are featured prominently throughout. Natural knots, cracks and grain variations have been deliberately preserved rather than concealed.<img src="https://photo-assets.superyachttimes.com/photo/396255/image/large-213cb67058fc8448969608065d402377.png" data-gid="gid://syiq/Photo/396255">A unifying design language runs throughout the entire yacht. The designers have employed curved architectural forms, shaping joinery, furniture, structural glazing, and lighting. They further remark that all elements either begin or end in a full radius, creating a sense of continuity between the spaces.The owners' choices can be seen throughout <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a>’s design. Her main saloon features a flexible dining table designed to double as a puzzle and craft table, reflecting the owners' hobbies during extended periods onboard. Elsewhere, modular cockpit furniture can be swiftly reconfigured into either lounge or dining arrangements. Meanwhile, electrically operated cockpit windows enable guests to enclose exterior spaces at the touch of a button.<img src="https://photo-assets.superyachttimes.com/photo/396257/image/large-90f1c0052c3eb53d6f1ebf5adf3d6cce.png" data-gid="gid://syiq/Photo/396257">Accommodation onboard includes four staterooms. Each stateroom is personalised around places of significance to the owners, all taking inspiration from destinations from Italy to French Polynesia. The owner’s suite is arranged around the mizzen mast, which has been wrapped in a bespoke artwork by American sculptor Sienna Martz. Moreover, this area benefits from a dedicated study to support long periods of working remotely while cruising.Further customisation extends behind the scenes, where the traditional full-beam engine room has been eliminated to make room for a concealed service corridor, enabling the crew to move discreetly throughout the yacht while maintaining guest privacy.According to <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, the yacht combines hydro-generation through regenerative turbine propellers with more than 100-square-metres of photovoltaic thermal panels integrated into her biminis. These panels generate electrical and thermal energy to power onboard systems, heating and cooling.<img src="https://photo-assets.superyachttimes.com/photo/396258/image/large-478db106ff098d1896050a1003af3d87.jpg" data-gid="gid://syiq/Photo/396258">The yacht's sailing performance has also been refined thanks to a collaboration with Emirates Team New Zealand. Through advanced computational fluid dynamics testing, they developed a distinctive topside curvature that reportedly improves sailing speed by 2.5 percent while simultaneously increasing the vessel's electric power generation by approximately eight percent.Currently under construction at <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a>, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> is scheduled for launch in summer 2026.

First look: Vripack unveils interior concept of 69m ‘fossil-free’ sailing yacht Project Zero 

Interior concept of 69m sailing yacht Zero, an all-electric project by Vripack and Dykstra Naval Architects currently under construction at Vitters.

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

For owner Paul Andrews, the search for the right yacht was a journey that spanned more than a decade. However, when he first came across the 25.6-metre <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a> sailing yacht <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> online, something about her caught his attention. <img src="https://photo-assets.superyachttimes.com/photo/394762/image/large-d54e9461baa90d5794ad964df495e456.jpg" data-gid="gid://syiq/Photo/394762">“I first saw her in a video while I was searching for yachts,” he explained. “She was located in Thailand at the time, which was quite literally on the other side of the world from me, but her presence immediately stood out.”<img src="https://photo-assets.superyachttimes.com/photo/394534/image/large-bfddc47ecaf6a83efc8300953b5b19d9.jpg" data-gid="gid://syiq/Photo/394534">Originally launched in 1967, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> was the largest aluminium hulled sailing yacht in the world when she first hit the water. Built as a classic world cruising yacht, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> had circumnavigated the world three times, with voyages to the Antarctic and Arctic regions when she entered the market in 2022. <img src="https://photo-assets.superyachttimes.com/photo/394541/image/large-c96b4ebc0ab5a9453459421e627799d7.jpg" data-gid="gid://syiq/Photo/394541">“The beam, the proportions and the sheer character of the yacht caught my attention straight away,” recalled Andrews. “I wasn’t specifically searching for a <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a>, but when she was built, she was engineered to a commercial, almost military-grade standard and built to navy specs, which gave her a genuine pedigree, strength and a fascinating story behind her.” <img src="https://photo-assets.superyachttimes.com/photo/394543/image/large-0b87ef55ef9559c3dc95e76eca2db6c7.jpg" data-gid="gid://syiq/Photo/394543">However, when Andrews finally travelled to Thailand to inspect the yacht in person, the initial impression was far from ideal. “It was raining heavily and she looked tired and neglected.” But returning the following day to see the yacht in clear conditions revealed a completely different vessel. “Her lines were beautiful and the potential became obvious. She simply needed vision and attention.”<img src="https://photo-assets.superyachttimes.com/photo/394544/image/large-f191bd60c4deb3732c009830efb76fc3.jpg" data-gid="gid://syiq/Photo/394544">In 2015 under the ownership of her previous owners, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> had started a refit programme spanning more than $1 million, which lasted five years and saw her receive a full teak interior refit. “It was clear that previous owners had already invested heavily in the yacht,” added Andrews. “The teak interior joinery was exceptional and the hull structure was sound. However, the layout did not fully make use of the yacht’s size.”<img src="https://photo-assets.superyachttimes.com/photo/394540/image/large-3bd64f4dfb231598384875f28fc57a05.jpg" data-gid="gid://syiq/Photo/394540">With the help of Martin Holmes and his team at <a data-gid="gid://syiq/Company/2262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lee Marine International Brokerage (Company)">Lee Marine</a>, Andrews took a boat from Langkawi, Malaysia where he purchased <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> and started the process of refitting her in Phuket. “My vision was always to maximise the yacht without taking away the character that makes Firebird special,” he explained. <img src="https://photo-assets.superyachttimes.com/photo/394689/image/large-066bcffa01ddea4816fadbefefba6fb6.jpg" data-gid="gid://syiq/Photo/394689">“Rather than remove that character, the refit focused on respecting the craftsmanship already onboard, while improving the functionality and layout for modern cruising. So the very first thing I wanted to do was lay a completely new teak deck.”<img src="https://photo-assets.superyachttimes.com/photo/394684/image/large-59c92dfa1c2c4dfaf499558c82520e13.jpg" data-gid="gid://syiq/Photo/394684">The refit saw beautifully laid teak installed throughout, which instantly transformed her appearance and the feeling underfoot. From here, Andrews had a large swim platform and gangway at the stern installed for easy access, as well as an alfresco dining area for 12, with a large three-metre teak L-shaped sofa added and a circular seating area for eight at her stern.<img src="https://photo-assets.superyachttimes.com/photo/394683/image/large-ccd9dbe381bbc98da19e89f67500eafb.jpg" data-gid="gid://syiq/Photo/394683">Additional work saw her saloon and guest staterooms reworked to create a larger and more comfortable interior, while technical works included the installation of a new <a data-gid="gid://syiq/Company/4062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raymarine UK Ltd (Company)">Raymarine</a> navigation suite, electric furling systems and the recommissioning of her <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engine and generators.<img src="https://photo-assets.superyachttimes.com/photo/394537/image/large-a9744df0db0cb9126710320c8ad8f685.jpg" data-gid="gid://syiq/Photo/394537">&nbsp;“I was involved in every stage of the project!” beamed Andrews. “Working alongside skilled craftsmen in Thailand allowed the ideas I had for the yacht to be executed properly.”<img src="https://photo-assets.superyachttimes.com/photo/394682/image/large-6c7c43f1ab3dc6151b36ef4b9e0c6d90.jpg" data-gid="gid://syiq/Photo/394682">“The region has an impressive concentration of marine specialists including riggers, carpenters, sailmakers and marine engineers. The quality of teak craftsmanship in Thailand is also exceptional and the cost of skilled labour is significantly lower than in many other parts of the world. By chance I also discovered a local boat carpenter whose family had been building boats in the region for generations. His team worked tirelessly and played a crucial role in transforming the yacht.”<img src="https://photo-assets.superyachttimes.com/photo/394536/image/large-a684c5dbb17405c08f59b474c49fe63e.jpg" data-gid="gid://syiq/Photo/394536">A large portion of the refit work was carried out at Premier Superyacht Shipyard near <a data-gid="gid://syiq/Company/3209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Haven Marina (Company)">Yacht Haven Marina</a> in Phuket. The yard operates an 890-tonne travel lift and regularly handles vessels significantly larger than <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a>, so during her haul-out, hull works, repainting, mechanical servicing and installation of the bow thruster were completed at the yard. <img src="https://photo-assets.superyachttimes.com/photo/394535/image/large-fe228dc87c3eb4c006007450d0644190.jpg" data-gid="gid://syiq/Photo/394535">The refit started almost immediately after Andrews had stepped onboard and he remained involved throughout the process. “After studying the layout of an <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> 85, I realised it might be possible to alter the companionway arrangement and open access to unused space within the yacht. By cutting through the bulkhead at the end of the galley we created a new passageway that allowed an entirely new guest stateroom to be built.”<img src="https://photo-assets.superyachttimes.com/photo/394687/image/large-2e193db0a4b19958ca9e5ecb0fbbb3b1.jpg" data-gid="gid://syiq/Photo/394687">The result allowed for unused areas to be converted into additional guest accommodation, while maintaining the logical flow through her companionway and saloon areas. Thanks to this, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> is now able to comfortably accommodate up to 13 guests, while still feeling spacious. <img src="https://photo-assets.superyachttimes.com/photo/394691/image/large-d359643ead180961dcf469e992df6a3a.jpg" data-gid="gid://syiq/Photo/394691">“The onboard experience is exceptional now! <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> is incredibly comfortable and she has become a wonderful place to spend time. I have several comfortable homes on land, but I genuinely did not expect living aboard a yacht to feel this enjoyable.”<img src="https://photo-assets.superyachttimes.com/photo/394775/image/large-19d12ff20ebf8798893858104887e523.jpg" data-gid="gid://syiq/Photo/394775">From a technical standpoint the most important upgrade was the installation of a Max Power bow thruster. At 71 tonnes, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> is not a small yacht and the thruster significantly improved manoeuvrability for docking. Paired with electric furling systems, her sails can now be easily controlled from the cockpit, &nbsp;which means the yacht can be sailed comfortably by a small crew. “Together with the bow thruster and upgraded navigation systems, the yacht is now far easier and safer to operate,” added Andrews.<img src="https://photo-assets.superyachttimes.com/photo/394782/image/large-7d015b051a954c975849eb73b943caa0.jpg" data-gid="gid://syiq/Photo/394782">Currently available for charter, Andrews noted that there had already been interest from charter clients in the Seychelles and the Maldives. “It would feel rather selfish to keep such a yacht entirely to myself! Our goal is to have her operating in the Greek islands by 2027.”<img src="https://photo-assets.superyachttimes.com/photo/394781/image/large-71d773016ba60ca5be3610663cfc2a04.jpg" data-gid="gid://syiq/Photo/394781">The refit took approximately 18 months to complete, with the project bringing the yacht a new lease of life. “I have restored historic buildings and classic cars before, but <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> has been the most rewarding project of them all! Working on her felt almost like giving a living vessel a new chapter in her life. I feel incredibly privileged to have been part of that transformation.”<img src="https://photo-assets.superyachttimes.com/photo/394773/image/large-89483fb30e91ef0842117ed871bea925.jpg" data-gid="gid://syiq/Photo/394773">“<a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> has had an extraordinary life with many different owners over the decades, with each leaving their own mark on the vessel,” concluded Andrews. “If I had to describe her in just a few words, I would say she is an iconic, unique superyacht and I hope she continues to bring joy to many future owners and guests.”<img src="https://photo-assets.superyachttimes.com/photo/394763/image/large-26cc3acdb14ea54697eb754a850e1393.jpg" data-gid="gid://syiq/Photo/394763">

Firebird: 26m Palmer Johnson yacht refit

Inside the 18-month Thai refit that transformed the 26m Palmer Johnson sailing yacht Firebird into a modern cruising yacht.

Firebird reborn: Behind the Thai refit of a classic 26m yacht

Superyachts have become a floating home for many of its new-age owners, and it is precisely this that has motivated <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>’ design for the Squalo 100. The brief for both the exterior and interior design was to create a yacht that feels right to live on, emotionally, physically and sensorially. From the layout to the engineering behind the walls was approached through the lens of human experience, rather than mere aesthetics. <img src="https://photo-assets.superyachttimes.com/photo/395777/image/large-3128f701f247e9a823704b469af76762.jpg" data-gid="gid://syiq/Photo/395777">Intimacy, comfort &amp; balanceFor <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>, luxury is deeply connected to proportion, intimacy and comfort: “a yacht can feature the finest materials and highest quality finishes, but if the spaces feel too tight, disconnected or uncomfortable, the emotional experience aboard is lost” says Roberto Aboumrad, the founder and CEO of <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Yachts</a>.Hence, true onboard luxury is not measured by excess or scale alone, but by understanding the emotional relationship between people and space. If seating arrangements are too close together or too far apart, it can obstruct the way onboard guests interact with one another. “True comfort comes from finding that human balance of space.”<img src="https://photo-assets.superyachttimes.com/photo/395771/image/large-de41a280b3ab03c380c47ca7096655df.jpg" data-gid="gid://syiq/Photo/395771">For Roberto, that comfort starts with the shape of the hull. Rather than pursuing narrow planning hulls, which are optimised for going fast, <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> decided on a semi-displacement hull. “These hulls are designed for liveability, efficiency and comfort. There is more interior volume, while simultaneously cruising at speeds it was designed to (i.e. 10-14 knots).”Cruising at the speed that the yacht was designed to do, also ensures high fuel efficiency and long range cruising, which sits in line with <a data-gid="gid://syiq/YachtModel/12554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Squalo 10030.02m (98'6&quot;)">Alpha</a>’s approach towards sustainability. “There’s a misconception in today’s market that, by adding more electronics and gadgets, you automatically create a better boat,” yet often the opposite is true. “The more complicated you make a vessel, the more things you create that require maintenance.” <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> instead focuses on “creating systems that are durable, intuitive and reliable for long-term ownership.”<img src="https://photo-assets.superyachttimes.com/photo/395758/image/large-1424f9925cdca3c1115877f949e5d9c4.jpg" data-gid="gid://syiq/Photo/395758">While keeping the number of gadgets to a minimum, technology does play a crucial role in any <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yacht</a>s vessel. “Technology is extremely important for us,” shares Roberto, “but for us technology means simplification.” Making elements more simple and functional makes for happy yacht owners. “It’s a mentality that extends directly into the crew’s workflow and maintainability. A happy crew creates a happy yacht.” With that same thought, the yard has placed enormous importance on crew accommodations and facilities: “the crew lives onboard year-round - it is important they are comfortable and happy.”&nbsp;Especially the galley is a space of pride for Roberto, “we have an incredibly large galley,” he continues, “the space has a centre island, industrial refrigerators, freezers and extraction hoods, a Hoshizaki ice maker capable of producing 90 kilos of crystal clear ice per day.” For <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>, Roberto emphasises, “the galley is one of the most important areas onboard; it directly impacts everyday life.”<img src="https://photo-assets.superyachttimes.com/photo/395781/image/large-eca123327394f5b4dce944d6d68412a7.jpg" data-gid="gid://syiq/Photo/395781">Living the experienceA crucial element to designing a yacht for <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> is onboard experience: “when you’ve lived aboard boats for enough years, travelled enough and truly experienced living at sea, you begin to understand the human needs of onboard living” shares Roberto, “you can study design at a desk, but living it opens up a whole new understanding.”<img src="https://photo-assets.superyachttimes.com/photo/395757/image/large-c3608611ab7f6dd82cd72bba6d9c9e54.jpg" data-gid="gid://syiq/Photo/395757">This philosophy is not just extended to the yacht’s interiors, but also to the engineering of the Squalo 100. One such place is the engine room, which, onboard all <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>, are designed with accessibility and functionality as priorities - the goal is to make the engine room and its equipment accessible and simple.Roberto explains how “comfort is an overall sensory experience - space, silence, vibration, colours, atmosphere - to truly feel comfortable and happy, you need to feel all five senses.”<img src="https://photo-assets.superyachttimes.com/photo/395753/image/large-8a75feae7d000d25adda68409da4ead2.jpg" data-gid="gid://syiq/Photo/395753">One way in which the <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> team has done this is by structurally separating the hull and superstructure, which dramatically reduces vibrations and sound transfer throughout the vessel. “You don’t hear generators, vibrations, nor conversation in any of the other staterooms. There is total silence onboard.”Another one of the senses <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> is especially considerate of is smell. “You can walk into a beautiful boat but if it’s humid or there are unpleasant odours, it ruins the experience.” The yard has noticed that many of the odour-related issues don’t actually originate from black or grey water tanks themselves, but from low-quality piping systems that begin to sweat over time. <img src="https://photo-assets.superyachttimes.com/photo/395761/image/large-f1870b9a00c455b1e44bcca22a5b9127.jpg" data-gid="gid://syiq/Photo/395761">To prevent this, the Squalo 100 has incorporated high quality piping systems alongside a positive-pressure make-up air system designed to continuously renew and purify the air onboard. “Approximately six times per hour, the entire interior air volume is renewed with fresh air.” The result is a refreshing onboard environment.The air-flow design onboard the yacht has also been thoroughly considered: “we maintain more pressure inside the salon than outside, so when the doors open, fresh air escapes outward and blocks hot air from entering” Roberto explains. For the galley, the same construction is used, but flipped, “the galley maintains a lower pressure than the guest areas so that not all the cooking smells will spill into the staterooms and saloon.”<img src="https://photo-assets.superyachttimes.com/photo/395762/image/large-48885ca43e88052e18731411f2ea3610.jpg" data-gid="gid://syiq/Photo/395762">Living in spaceA central element in the design of the Squalo 100 and all other <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> is the ceiling height. “For me ceiling height is a must,” Roberto shares how this decision was rooted in a very human observation: “When tall people walk onto yachts, they have to check how much space sits between the top of their head and the ceiling - which often isn’t very much.” Combined with the Squalo 100’s full-beam saloon and master cabin, the increased ceiling height dramatically transforms the perception of the interior volume. “It creates a totally different feeling onboard.”Besides a spacious layout, a refreshing airflow and minimal yet high-end technologies, <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> offers additional personalisation for their yachts through elements like hull colours. “I had a client with a huge fascination for Porsche and he told me he wanted his hull the same colour of his Porsche Calipers brakes."<img src="https://photo-assets.superyachttimes.com/photo/395763/image/large-5a734ebfefcf55bc0e5400e54e0d53fc.jpg" data-gid="gid://syiq/Photo/395763">“We have always been extremely flexible with customisation because we understand that every owner lives differently and expresses luxury differently.” This type of pursuit of individuality is the main reason that <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> has intentionally stayed a boutique shipyard. “We’ve done crazy things,” shares Roberto, “but if it doesn’t hurt the value or integrity of the yacht, we’re happy to make our client’s vision become a reality.”There’s a few elements that the <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> team won’t compromise on, like the crew accommodations and facilities. Roberto shares how “the crew lives onboard year-round. If the crew isn’t comfortable or happy, the boat won’t be a happy boat.” While owners or guests spend maybe just over a week onboard, crew lives onboard and ensuring they feel at home is of utmost importance.<img src="https://photo-assets.superyachttimes.com/photo/395746/image/large-e1304f071c6fd249b2bf1a2b910fbc15.jpg" data-gid="gid://syiq/Photo/395746">A symbol of powerThe Squalo 100 carries an air of power. Its name stems from the Italian word squalo, meaning ‘Shark’. “A shark is the most efficient creature in the ocean. It’s powerful, intelligent, efficient, and naturally dominant.” For the shipyard, the name perfectly reflects its in-house philosophy. “<a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> represents leadership, and the Squalo yacht represents efficiency, strength, personality and power.”<img src="https://photo-assets.superyachttimes.com/photo/395767/image/large-999c901798381e697b3243b4b14b578f.jpg" data-gid="gid://syiq/Photo/395767">

Inside the design of Alpha squalo 100

Alpha Custom Yachts' Squalo 100, designed for spacious living on the water.

Alpha Yachts’ Squalo 100: Redefining human-centred yacht design

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

As Venice Climate Week runs from 3 to 8 June, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is calling for urgent investment in alternative fuel infrastructure across Europe. The company noted that the transition to next-generation sustainable yachts will depend on availability of energy infrastructure, rather than the speed of technological progress.<img src="https://photo-assets.superyachttimes.com/photo/396223/image/large-103ef131c568767e63b19cb8b8a430ac.jpg" data-gid="gid://syiq/Photo/396223">Executive Chairman Massimo Perotti presented the ‘Venice Call for Maritime Action’ at the event, an initiative formalised through an open letter addressed to Jessika Roswall, European Commissioner for Environment, Water Resilience and a Competitive Circular Economy, and copied to Ursula von der Leyen, President of the European Commission.“Across our industries, the technologies required to enable more sustainable mobility, employment and enjoyment at sea are no longer theoretical,” he stated in the letter. “They are real, advancing rapidly, and increasingly ready to move beyond experimentation and into everyday use.” The initiative calls for coordinated investment in green methanol supply chains and electrification infrastructure across key maritime hubs.<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> noted that while it has already invested in bi-fuel methanol propulsion as part of its 'Road to 2030' strategy, adoption remains constrained by limited infrastructure. This case is &nbsp;particularly apparent in the Mediterranean, where availability across marinas is still minimal.<img src="https://photo-assets.superyachttimes.com/photo/396224/image/large-fa3744cfa8c57f5776899c890d02e793.jpg" data-gid="gid://syiq/Photo/396224">Currently, less than one percent of global methanol production is renewable, with supply concentrated in industrial ports such as Rotterdam and Antwerp-Bruges, leaving major yachting regions underserved.The ‘Venice Call for Maritime Action’ urges coordinated action among European institutions and policymakers, port authorities and coastal cities, energy producers and fuel suppliers, and industrial and technology partners to accelerate the transition. This includes including a six-month progress review to assess infrastructure development.The letter also pushes forward <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s commitment to the following initiatives:&nbsp;<ul><li>Championing a future vision for more sustainable yachting</li><li>Continuing investment in innovation and technological progress</li><li>Supporting the development of viable and accessible energy ecosystems</li><li>Engaging in cross-sector collaboration to accelerate progress<img src="https://photo-assets.superyachttimes.com/photo/396226/image/large-dd7b8005406727dc9430ff3c953dbf09.png" data-gid="gid://syiq/Photo/396226"></li></ul>The effort has already drawn support from across the maritime sector, including SYBAss, Professor Flavio Manenti of Politecnico di Milano, alongside representatives from marine technology, energy, and sustainability organisations.As one of the founding partners of Venice Climate Week, the company is using its Casa Sanlorenzo hub to convene industry dialogue under the ‘Planet Aqua, Planet Peace’ programme. The initiative brings together city leaders, scientists and industry stakeholders to address coastal resilience and maritime transition.Moreover, the group continues to advance its Road to '2030 strategy'. This includes the 50Steel Almax, the first superyacht to feature a methanol fuel cell system, and Bluegame’s hydrogen-powered BGH-HSV support vessel, developed for zero-emission operations during the America’s Cup."By aligning investment, infrastructure and policy, it is possible to unlock the next phase of sustainable &nbsp;maritime mobility and support the wider integration of alternative propulsion technologies across &nbsp;Europe,” Perotti concluded.

Sanlorenzo Venice Climate Week

Sanlorenzo is calling for urgent investment in alternative fuel infrastructure across Europe at the Venice Climate Week 2026.

Sanlorenzo urges acceleration of green methanol infrastructure at Venice Climate Week

The 24.3-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> motor yacht Visotta has been sold and renamed <a data-gid="gid://syiq/Yacht/11848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Besame Mucho24.3m (79'9&quot;)Codecasa S.p.A.1995">Besame Mucho</a>. Lorenzo Tosi of <a data-gid="gid://syiq/Company/5022" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Timone Yachts (Company)">Timone Yachts</a> represented both the buyer and the seller.<img src="https://photo-assets.superyachttimes.com/photo/396222/image/large-db8da0028a70703d7cb78287f1d649d1.png" data-gid="gid://syiq/Photo/396222"><a data-gid="gid://syiq/Yacht/11848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Besame Mucho24.3m (79'9&quot;)Codecasa S.p.A.1995">Besame Mucho&nbsp;</a>was delivered as Lady Hawk in 1995 and was built out of aluminium. Her naval architecture was created in-house by her Italian builder, with exteriors crafted by <a data-gid="gid://syiq/Company/409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andrea Bacigalupo (Company)">Andrea Bacigalupo</a> and her interiors penned by <a data-gid="gid://syiq/Company/186" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Della Role Design (Company)">Della Role Design</a>.She can accommodate up to six guests across three well-appointed staterooms. Meanwhile, her flybridge provides an area for guests to dine alfresco or lounge in the comfortable seating.&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/11848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Besame Mucho24.3m (79'9&quot;)Codecasa S.p.A.1995">Besame Mucho</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, giving her a cruising speed of 25 knots and a top speed of 33 knots.Photo courtesy of <a data-gid="gid://syiq/Company/5022" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Timone Yachts (Company)">Timone Yachts</a>.

Codecasa yacht Besame Mucho sold

The 24.3-metre Codecasa motor yacht Visotta has been sold and renamed Besame Mucho.

New Appointments

Adriatic 42 appoints Klaus Borgschulte as CEO and Dirk Malgowski to leadership team