<a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti Group</a> has announced that it expects to reach revenues of €1.5 billion by the end of the 2024/2025 nautical season, marking a 15 percent increase on the previous year and in line with its stated targets.<a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">The Group</a>’s backlog, secured since 1 January 2025, stands at €2.5 billion and extends through to 2029, supporting its consolidation objectives for the 2025/2026 financial year.Despite a general market slowdown, <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti Group</a> has continued to meet its growth objectives and generate value for its stakeholders.<img src="https://photo-assets.superyachttimes.com/photo/370352/image/large-ccf0ca6abdf4440f510ccae9d1eff593.jpg" data-gid="gid://syiq/Photo/370352"> <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">The Group</a> attributes this performance to three key strategic drivers:<ul><li>A market approach designed to maintain a balanced global footprint while expanding into high-potential regions.</li><li>Investment in infrastructure to upgrade production facilities and expand specialised in-house capabilities.</li><li>Ongoing product innovation, guided by a portfolio strategy focused on the premium segment and responsive to the evolving preferences of yacht owners.</li></ul><img src="https://photo-assets.superyachttimes.com/photo/370354/image/large-57cca60eb512eb48378a6645a7057f00.jpg" data-gid="gid://syiq/Photo/370354">Infrastructure investment to support innovation and competitiveness <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">The Group</a>’s infrastructure investment plan covers all <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti</a> sites in Italy and includes projects across both production facilities and corporate headquarters, with a total value of €115 million over the 2024–2027 period.A key priority is to enhance shipyard capacity, with upgrades to the Avigliana site to support the construction of yachts up to 28-metres in length. The plan also expands to areas dedicated to high-value activities, such as refit operations carried out by the <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> division.<a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">The Group</a> is also bringing additional strategic activities in-house through the development of two specialised centres: the Light Steel Hub, which handles steel work for yachts under 45-metres, and the Composite Hub in Tuscany, focused on fibreglass and carbon fibre processing for larger yachts. These initiatives complement existing capabilities at the Avigliana site. <img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-944330052540929601baa91458b40886.jpeg" data-gid="gid://syiq/Photo/285492">Expansion in key marketsThe <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti Group</a> continues to pursue a geographically balanced growth strategy, supported by business and product development initiatives across key international regions. Despite a backdrop of economic uncertainty, the Group’s order backlog reflects a diversified global footprint, with 38 percent in Europe, 31 percent in the Americas, and 31 percent across the EMEA and Asia-Pacific regions.In Europe,<a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">&nbsp;the Group</a> benefits from a well-established network and sustained demand for models that have contributed to the region’s yachting tradition. <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti</a> is expanding its direct presence in key hubs, with existing <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> boutiques in Palma de Mallorca and Monaco soon to be joined by a new <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> showroom near the Monaco Yacht Club. The space is intended to present the<a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">&nbsp;Group</a>’s approach to sustainable innovation, focusing on measurable outcomes and operational transparency. <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> has also opened a new sales office in Antibes, reinforcing the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>’s presence along the French Riviera.The Middle East, together with Asia-Pacific, now accounts for 31 percent of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>’s order book, up from 23 percent. This growth is attributed to targeted investments aimed at strengthening regional operations and reaching new client segments. Saudi Arabia represents a notable example, with over €300 million in sales recorded over the past 24 months and two new offices due to open shortly: <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> in Jeddah and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> in Riyadh.In Asia-Pacific, where the market is maturing and a new generation of owners is emerging, the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a> maintains both a direct presence and a dealer network across key territories, including Japan, China, Hong Kong, Singapore, Taiwan, the Philippines, Vietnam, Australia and New Zealand.In the Americas, and the United States in particular, <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti</a> continues to operate in a highly competitive environment affected by new import tariffs. Despite these headwinds, the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a> plans to open two dedicated boutiques at Pier Sixty-Six in Fort Lauderdale in autumn 2025. The new location is positioned as a growing centre for the luxury sector and forms part of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>’s broader effort to strengthen engagement in the region.<img src="https://photo-assets.superyachttimes.com/photo/366225/image/large-aba42ec1cd2aea6ef5b36be402627524.jpg" data-gid="gid://syiq/Photo/366225">Product development and innovationThe expansion of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>’s industrial capacity is intended to support the continued development of the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> fleet in three key areas: strengthening its position in the high-end segment, engaging a new generation of yacht owners, and introducing stylistic and technological features aligned with evolving lifestyle preferences.In a more complex market shaped by slowing demand and rising competition, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> aim to continue differentiating themselves through product breadth and design-led innovation. The Group is developing one of the industry’s broadest fleets, intended not only to meet but also to anticipate the evolving preferences of yacht owners.&nbsp;In addition to regularly updating their core product ranges, both brands are investing in new categories designed to appeal to both first-time buyers and returning clients, with an emphasis on design, technological development, and long-term brand positioning.With the Seadeck Series, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> aims to introduce a new approach to luxury that integrates aesthetics, advanced technology and a reduced environmental footprint. The concept reflects a more informal and nature-oriented vision of yachting, which also finds expression in the Grande Series. Positioned in the 26 to 40 metre range, the Grande line continues to evolve with designs that reflect the changing preferences of yacht owners.&nbsp;At Cannes, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> is presenting a new direction for the series, shaped by <a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">m2atelier</a>’s interpretation of barefoot luxury, with a focus on natural comfort, open spaces and understated elegance.Building on its experience in the superyacht sector and the strong reception of the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Oasis 40, the shipyard is now introducing the updated Oasis 42. The new model features contemporary exterior lines by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> and interiors by <a data-gid="gid://syiq/Company/5263" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bonetti / Kozerski architecture DPC (Company)">Bonetti/Kozerski architecture</a>, with several new design elements intended to strengthen the connection between yacht and sea.This month, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> is set to introduce a new concept in its voyager line, while <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> will debut a previously unrealised design that combines the comfort of motor yachts with elements inspired by the world of sailing.

Azimut|Benetti forecasts €1.5 billion in revenue for 2024/2025

Jeddah, Saudi Arabia

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Benetti 40M Oasis

Benetti shipyard in Livorno

Azimut headquarters in Avigliana, Italy

Azimut|Benetti Group has announced that it expects to reach revenues of €1.5 billion by the end of the 2024/2025 nautical season.

<a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has announced the appointment of Myriam Cutolo as Executive Vice President. <img src="https://photo-assets.superyachttimes.com/photo/400424/image/large-bb28a90401bc22ca0d567563f4dbb08e.png" data-gid="gid://syiq/Photo/400424">In her new role, Myriam Cutolo will coordinate the company’s administration, finance, organisation and business development activities, working in synergy with the management team and the heads of the various operational areas.Myriam brings with her extensive knowledge of the company, where she has developed her understanding of the organisation, its people and the processes in which it operates. An Olympic sailor and manager, her skills have been honed to complement the experience and skills of the team. <img src="https://photo-assets.superyachttimes.com/photo/400419/image/large-786015d14f715d880541f2641a598533.jpg" data-gid="gid://syiq/Photo/400419">Founded in 1995 by Sergio Cutolo and Silvia Himsolt, <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has evolved from an engineering company into a leading yacht design firm. The company has grown over the years, with the arrival of Nicola Camuffo as Chief Technical Officer (CTO) and Michele Lauriero as Chief Operating Officer (COO) in 2025.“Over more than thirty years, Sergio Cutolo built far more than a design studio: he built a culture, a vision and a wealth of expertise that today belong to all of <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>,” explained Myriam Cutolo.“My goal is not to replace my father, because a figure like his cannot be replaced, and there would be no point in trying. My role is to help ensure that what he built continues to grow and generate value through the people who lead and develop the company every day.”<img src="https://photo-assets.superyachttimes.com/photo/400421/image/large-e9c1b1f865b39b50291c37cd6dc865fe.jpg" data-gid="gid://syiq/Photo/400421">Speaking of his daughter’s transition into the role of Executive Vice President, President &amp; Founder Sergio Cutolo said: “Seeing Myriam take on this role is a source of great satisfaction for me, not only as founder but also as a father.”“What we are building together is an organisation capable of evolving while maintaining the same quality, reliability and passion that have guided us from the very beginning. That is the most important guarantee we can offer for <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>’s future.”

Hydro Tec appoints Myriam Cutolo as Executive Vice President

Hydro Tec has announced the appointment of Myriam Cutolo as Executive Vice President. 

Norwegian maritime technology company <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> has announced an agreement to acquire the Swedish company <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> AB.<img src="https://photo-assets.superyachttimes.com/photo/400397/image/large-a892bdf50408f966fb7e7ca3fd29bc7f.jpg" data-gid="gid://syiq/Photo/400397"><a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a leading designer and manufacturer of integrated propulsion and electrical systems for the maritime market and has demonstrated strong growth and a profitable market position in recent years.“This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments,” explained Lisa Edvardsen Haugan, CEO of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>.The financial details of the transaction are currently undisclosed, but the acquisition is priced at approximately the same EV/EBITDA level as the current pricing of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> ASA.“<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> complements our portfolio in a highly attractive way and together we will deliver greater value through a wider offering, stronger lifecycle support and shared expertise,” added Haugan.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> will operate as a separate brand and standalone business unit within <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>’s Propulsion &amp; Handling division, allowing <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg</a>’s customer focus and culture to be maintained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400398/image/large-ae759ecd6b2a91de8c3c0a944c475fb2.jpg" data-gid="gid://syiq/Photo/400398">“Joining forces with <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> is an exciting opportunity for <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>. Our businesses complement each other well, and together we can create new opportunities for our customers and employees,” commented Philip Chaabane, CEO of <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>.According to <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>, the acquisition will allow them to benefit from <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.“The transaction will unlock significant potential in the aftermarket,” explained Per Håvard Siljan Hjukse, EVP Propulsion &amp;. Handling at <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>. “We also see cross selling opportunities, such as our Energy &amp; Control products into <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s core segments, and Berg’s propeller systems into naval where KM has strong positions.”The combined propulsion portfolio will cover a full spectrum of technologies, including controllable pitch propellers and thrusters, hybrid and electrical propulsion systems and integrated vessel control solutions.In January 2026, <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> announced that the company was formally on track to become an independent company after shareholders of Kongsberg Gruppen approved the separation at a general meeting held on Thursday 22 January 2026.Read more: <a data-gid="gid://syiq/Article/65227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime to become stand-alone company (2026-01-23 12:15:00 +0100)">Kongsberg Maritime to become stand-alone company</a><img src="https://photo-assets.superyachttimes.com/photo/400399/image/large-55d4fc3d28111400f5505de36c37d8d0.png" data-gid="gid://syiq/Photo/400399"><a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> operates across multiple maritime segments, supplying systems and solutions for offshore vessels, cruise ships, fishing vessels and naval platforms. The company is also a well-established supplier within the yacht and superyacht sector, where its integrated bridge systems, propulsion solutions and automation technologies are widely used.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a Swedish company that designs and manufactures controllable-pitch propellers for the marine industry. The company produces customised main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems for various vessels including cargos, tugs and superyachts.&nbsp;

Kongsberg Maritime acquires Berg Propulsion

Norwegian maritime technology company Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion AB.

<a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> has announced that Bogdan Gusarev has joined as Sales Manager for Europe and the CIS region. <img src="https://photo-assets.superyachttimes.com/photo/399998/image/large-62a5903f5dff04c9e810116b4eaef5da.jpg" data-gid="gid://syiq/Photo/399998">Gusarev brings more than a decade of experience in the explorer yacht sector and has lived and worked across some of the world's most prevalent yacht building regions including Germany, Italy and Turkey.Before entering the industry, Gusarev lived aboard a sailing yacht, giving him a practical knowledge of life at sea. This has allowed him to guide clients with clarity and a strong understanding of what long-range yacht ownership truly requires.“Bogdan combines real boating experience with a genuine understanding of what owners in this segment are looking for,” explained Patrik von Sydow, CEO of <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a>. “That's a rare mix, and exactly what we need as we grow our presence across Europe and the CIS.”<img src="https://photo-assets.superyachttimes.com/photo/399999/image/large-f2593548ee91bd938b36c95018180e06.jpg" data-gid="gid://syiq/Photo/399999">As well as this, Numarine has announced that Sales Manager for MENA &amp; APAC, Salih Küçükoğlu, will now take on the responsibility for the Turkish market as well. His new title will be Sales Manager for Türkiye, MENA &amp; APAC.He has previously led growth initiatives across the Middle East and Asia-Pacific, playing a key role in expanding dealer networks and managing relationships with high-net-worth clients.“With a customer-focused mindset and a design-driven perspective, Küçükoğlu now brings this experience to Numarine's home market, supporting the shipyard's continued growth in Türkiye,” concluded von Sydow.

Bogdan Gusarev appointed at Numarine

Numarine has announced that Bogdan Gusarev has joined as Sales Manager for Europe and the CIS region. 

Numarine appoints Bogdan Gusarev as Sales Manager for Europe and CIS region

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker across their Palm Beach, Fort Lauderdale and Miami offices.<img src="https://photo-assets.superyachttimes.com/photo/399828/image/large-19a5f0e5ae4aec550013e04859fea307.png" data-gid="gid://syiq/Photo/399828">Bustamante joins <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> with over 16 years of experience, including his most recent role with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. At <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>, he will focus primarily on new-build opportunities, while also supporting brokerage sales transactions.“We are delighted to welcome Ernesto to <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>,” commented Sarah Futhazar, US Managing Director. “His expertise in new-build, combined with his commercial approach and dedication to client service, makes him a valuable addition to our team.”Born in Miami and raised between the US and Colombia, Bustamante interned at <a data-gid="gid://syiq/Company/5418" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bertram Yachts (Company)">Bertram Yachts</a> while in college, later graduating from the University of Miami in 2009 with a degree in International Finance &amp; Marketing, and a minor in Entrepreneurship.While in school, he became a fully licensed and certified yacht broker and consequently worked for a boutique firm. From 2014 to 2019 Bustamante joined the <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> Sales Broker’s team, before later moving to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> where he worked as a <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Brand Sales Manager.&nbsp;“What truly attracted me to the company is the opportunity to work with the world's leading shipyards and represent any yacht on the market, giving clients completely independent advice tailored to their ambitions,” concluded Ernesto Bustamante.

Ernesto Bustamante: Camper & Nicholsons appoints Superyacht Sales Broker

Camper & Nicholsons have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker.

Camper & Nicholsons appoints Ernesto Bustamante as a Superyacht Sales Broker

The <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a> has launched a new Yacht Engaged in Trade (YET) programme, providing British Virgin Islands (BVI)-flagged superyachts with a formal path to combine private use with limited commercial chartering in Greek, Monaco and French waters.The certification, which comes under a newly published <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a>, only applies to BVI-flagged yachts measuring 24-metres and above.<img src="https://photo-assets.superyachttimes.com/photo/285871/image/large-8fcbfd6ecd33123efe76d4c151e81472.jpg" data-gid="gid://syiq/Photo/285871">According to <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, owners may retain their Pleasure Certificate of British Registry while taking on a temporary Yacht Engaged in Trade (YET) certificate for the duration of each charter period, for up to a maximum of 84 days per year. Once the charter concludes, the yacht's pleasure certificate is reinstated without requiring conversion to full commercial registration.<a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> also stated that owners are no longer required to leave European Union waters to complete new import or export formalities when switching between private and charter use.&nbsp;Under the programme, yachts may operate on either basis during the 18-month Temporary Admission period without further customs formalities, provided the relevant conditions are met. Yachts with VAT-paid status or in Free Circulation are not subject to the 18-month limit.<img src="https://photo-assets.superyachttimes.com/photo/363128/image/large-9de6013ee3a3b56cf02c66b85dc42db8.jpg" data-gid="gid://syiq/Photo/363128">The programme is intended for yachts already operating to a commercial standard. To qualify, vessels must measure at least 24-metres in load line length, hold class certification and comply with the Red Ensign Group Yacht Code, the Maritime Labour Convention, the International Safety Management Code and the International Ship and Port Facility Security Code.Furthermore, <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> verifies compliance through a survey before issuing a Yacht Engaged in Trade Certificate of Compliance, which must be held before each charter period.Charters are limited to 84 days annually and may carry no more than 12 passengers. For non-VAT-paid yachts, charters can currently only commence in Greek, Monaco or French waters. During charter periods, yachts operate under commercial requirements and remain subject to Port State Control inspections under the Paris Memorandum of Understanding.Commenting on the programme, Business Development Manager at <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, Georgios Bazos, said: "This gives BVI-flagged yachts operating in Europe the opportunity to charter for part of the year while keeping their private registration for the rest. It's a natural next step for the registry, and one more option for owners who want flexibility without added complexity."

VISMA launches 84-day European charter programme for BVI-flagged superyachts

VISMA has launched a new programme, allowing BVI-flagged superyachts up to 84 days of commercial chartering in selected European waters. 

Plymouth-based boat refit company Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.<img src="https://photo-assets.superyachttimes.com/photo/399628/image/large-90cdcccefd37fd95c414dc2c921b672b.jpg" data-gid="gid://syiq/Photo/399628">Yacht Solutions Europe focused on yacht refit and repairs, with services including engineering, retrofitting, carpentry, upholstery and upgrades. They worked on projects worldwide and opened a base in Florida, USA, in 2023.Yacht Solutions Europe was founded in 2021 by two former <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> employees, Paul Eccles and Dave Watson, after the collapse of a previous business, Yacht Solutions Worldwide Ltd.&nbsp;The assets were sold to Yacht Solutions Europe in a pre-pack deal and was dissolved in 2024, leaving debts of more than £282,000 unpaid, with the company now entering creditors’ voluntary liquidation.<img src="https://photo-assets.superyachttimes.com/photo/399629/image/large-a78e5de8571b860d8e0ffc83ed261014.jpg" data-gid="gid://syiq/Photo/399629">Documents filed on Companies House show assets of about £18,000 which will be used to pay nine employees and the pension scheme, however there is less than £1,000 left for other creditors, which include more than £176,000 owed to HM Revenue and Customs, nearly £85,000 owed to a lender, around £160,000 owed to six other banks and institutions and £82,500 owed to workers as unsecured creditors.There are 21 trade creditors claiming a combined £34,700, while the American arm Yacht Solutions USA is claiming £71,000. Yacht Solutions Europe’s statement of affairs also revealed that an estimated £608,522 will end up being unpaid.Steve Henson, Managing Director at Devon’s Castle Hill Insolvency, has been appointed joint-liquidator.

Yacht Solutions Europe enters liquidation

Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.

Yacht Solutions Europe enters liquidation with more than £600k unpaid debt

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the appointment of Evan Kortmann as Chief Executive Officer, succeeding Enrico Theuns, who has led the company since 2023.<img src="https://photo-assets.superyachttimes.com/photo/399351/image/large-0b3b67f3579803bdd2cecd343234633d.jpg" data-gid="gid://syiq/Photo/399351">Theuns was originally appointed as CEO through a planned three-year transition following the retirement of founder Wim van der Valk in April 2024. During his tenure, <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> expanded into the 30 metre segment and further strengthened their position in the superyacht market.&nbsp;Read more: <a data-gid="gid://syiq/Article/60237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard announces retirement of founder and management buyout (2024-04-22 09:30:00 +0200)">Van der Valk Shipyard announces retirement of founder and management buyout</a><img src="https://photo-assets.superyachttimes.com/photo/314045/image/large-e3b7cc6745248f659ccfc2d9b2962713.jpg" data-gid="gid://syiq/Photo/314045">“Leading <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> over the past three years has been a rewarding experience,” commented Enrico Theuns. “I am proud of what we have accomplished together and grateful to our employees, clients, co-makers and partners for their commitment and support throughout this period.”Evan Kortmann joins the management team alongside Technical Director Bram Kooltjes and Commercial Director Yoeri Bijker. Theuns will remain involved during the coming months to &nbsp;ensure a smooth transition and support the handover of his responsibilities.Kortmann joins <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> from <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> where he acted as Chief Executive Officer following the semi-retirement of Daan Balk in 2023. Evan joined Balk the year prior as Chief Commercial Officer before transitioning to CEO.&nbsp;Read more: <a data-gid="gid://syiq/Article/58021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down (2023-07-04 16:45:00 +0200)">Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down</a><img src="https://photo-assets.superyachttimes.com/photo/351424/image/large-efe5e4f30ffe75940f3be9e197745b18.jpg" data-gid="gid://syiq/Photo/351424">“<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has built a strong international reputation for delivering high-quality custom yachts,” explained Kortmann. “Our focus on fully custom yachts between 200 and 500 GT allows owners to create a yacht that reflects their individual requirements, while benefiting from the experience and craftsmanship of our team.”“I look forward to working with our clients, colleagues and partners as we continue developing the company and delivering yachts that meet the highest standards of quality and craftsmanship.”

Evan Kortmann appointed CEO of Van der Valk Shipyard

Van der Valk Shipyard has announced the appointment of Evan Kortmann as Chief Executive Officer.

Van der Valk Shipyard appoints Evan Kortmann as CEO

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

TISG granted 60 days to file restructuring plan

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

French catamaran builder <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027 after overseeing the company's development for several years.<img src="https://photo-assets.superyachttimes.com/photo/336108/image/large-030539c248d560fb467ce7d5ce4321c0.png" data-gid="gid://syiq/Photo/336108">The governance changes come as the group, which includes the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot Yachts</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands, prepares for its next phase of growth ahead of its 50th anniversary.Gardies will progressively transition his responsibilities over the coming months to ensure continuity within the business, with Deputy Chief Executive Officer Mathieu Fountaine tasked by the Board of Directors with supporting the next phase of the group's long-term development strategy.The Board has also appointed Stéven Guedeu as Deputy Chief Executive Officer. Guedeu joined the company in 2011and has held a number of commercial leadership positions in the development of both the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands. In his new role, he will oversee the group's sales and marketing activities, while supporting the execution of its long-term strategy.After more than 20 years, Deputy Chief Executive Officer Romain Motteau’s role has not been renewed. <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> stated that Motteau will continue to oversee the group's international activities, while working on a new strategic project, which is expected to be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/370998/image/large-1dccbc7db8fe06ebede4b4e471e38bab.png" data-gid="gid://syiq/Photo/370998">The company has also expanded its Executive Committee, which now comprises Nicolas Gardies, Mathieu Fountaine, Stéven Guedeu, Group Industrial Director Johan Le Saux, Supply Chain &amp; IT Director Vladimir Popov, Chief Financial Officer Betty Roger, Human Resources Director Mélanie Pouplier and Group Purchasing Director Déborah Pligot.In addition, Jordan Sabot has been appointed Communication &amp; Digital Director, succeeding Hélène de Fontainieu following her 32 years with the company. Sabot will be responsible for leading the group's communications strategy, supporting its international development and accelerating its digital transformation.The governance changes follow the publication of <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a>'s first-half fiscal 2025/26 results, during which the group reported revenue of €136.3 million while maintaining positive profitability. The company said it will continue investing in product development, innovation, the energy transition and the continued growth of its Fountaine Pajot Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Yachts and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands.

Fountaine Pajot CEO Nicolas Gardies to step down

Fountaine Pajot has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027.

Fountaine Pajot CEO Nicolas Gardies to step down following leadership transition

NextBoat has announced a strategic partnership with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, under which the US-based boating and yacht retailer will adopt <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s AI-powered wholesale platform for the sale of its trade-in and pre-owned inventory.<img src="https://photo-assets.superyachttimes.com/photo/390341/image/large-be765afb7248df37e9b507deb714d575.jpg" data-gid="gid://syiq/Photo/390341">The agreement marks the first time that an enterprise dealer group has adopted the platform as its preferred wholesale partner. Under the arrangement, pre-owned inventory will be evaluated, marketed and sold through <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s nationwide network of wholesale buyers.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates more than 120 locations worldwide and generated more than $2.3 billion in annual revenue. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> believes the partnership will increase transaction volumes across its platform while supporting the growth of its marketplace, data and financing businesses.According to the company, the platform is designed to modernise the wholesale and trade-in process through the use of artificial intelligence, real-time transaction data and a digital marketplace. Features include AI-powered vessel valuations, nationwide wholesale bidding, transaction management tools, automated workflows, inventory analytics and integrated financing and insurance solutions.As part of the agreement, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s finance and insurance division, Newcoast, will provide financing and insurance services for transactions originating through the platform. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> said this has the potential to generate recurring revenue through financing activity and insurance policy renewals as transaction volumes increase.“For 15 years, I've believed the marine industry deserved the same technology, transparency and scale that transformed automotive retail,” said Jason Ruegg, Founder and Executive Chairman of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>.&nbsp;“Today, the largest and most respected company in our industry has chosen to deploy the platform we built. We believe that validation speaks not only to what NextBoat has built, but to where this industry is headed.”Ruegg added that the agreement represents the beginning of the enterprise-scale deployment of the company's platform, with financing and insurance expected to become an increasingly important source of recurring revenue.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">In May 2026, it was announced that online marine marketplace <a data-gid="gid://syiq/Article/66120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales to rebrand as NextBoat (2026-05-19 16:45:00 +0200)">Off The Hook Yacht Sales would officially rebrand</a> as <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> Inc, effective on or about 29 May 2026. The rebrand aimed to reflect the company’s evolution from a traditional yacht brokerage business, into an AI-powered technology platform.As well as this, <a data-gid="gid://syiq/Article/66089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts completes acquisition of Apex Marine Group (2026-05-14 16:30:00 +0200)">Off The Hook Yachts announced it had completed the acquisition</a> of marine, service and storage company, Apex Marine Group. Off The Hook Yachts believes that the Apex acquisition opens the door for additional partnerships, as it expands both its sales and service platforms.Kyle Langbehn, Executive Vice President and President of Retail Operations at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, commented: “By integrating <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s advanced technology into our pre-owned retail platform, we believe we can improve efficiency while continuing to deliver exceptional service to our customers.”

NextBoat launches strategic partnership with MarineMax 

NextBoat has announced a partnership with MarineMax for the sale of its trade-in and pre-owned inventory using its AI-powered wholesale platform.

<img src="https://photo-assets.superyachttimes.com/photo/400504/image/large-977b98f8de1a3df5c739e8f122477f60.jpg" data-gid="gid://syiq/Photo/400504">The 35.3-metre <a data-gid="gid://syiq/Company/16" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brooke Marine Ltd. (Company)">Brooke Marine</a> motor yacht <a data-gid="gid://syiq/Yacht/3194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Deep Blue35.3m (115'10&quot;)Brooke Marine Ltd.1988">Deep Blue</a> was spotted cruising in Sydney, Australia, in February this year. According to AIS data, she is currently located at Hope Island on Australia's Gold Coast, Queensland.Delivered by the British shipyard in 1988, the flybridge yacht was originally named White Rose of Drachs. She benefitted from a refit in 2017 and features exterior design and naval architecture by <a data-gid="gid://syiq/Company/353" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Don Shead Yacht Design (Company)">Don Shead Yacht Design</a>. At an internal volume of 214 GT, she accommodates up to eight guests across four staterooms.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, <a data-gid="gid://syiq/Yacht/3194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Deep Blue35.3m (115'10&quot;)Brooke Marine Ltd.1988">Deep Blue</a> cruises comfortably at 15 knots and reaches a top speed of 16 knots.

Brooke Marine yacht Deep Blue in Sydney

The 35.3-metre Brooke Marine motor yacht Deep Blue was spotted cruising in Sydney, Australia, in February this year.

35m Brooke Marine motor yacht Deep Blue in Sydney

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has announced the delivery of the 35-metre Deep Blue 115 explorer yacht <a data-gid="gid://syiq/Yacht/13603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus35.0m (114'10&quot;)Cantiere delle Marche (CdM)2026">Octopus</a> to her owners.<img src="https://photo-assets.superyachttimes.com/photo/392154/image/large-071cee919b7fec1d887e19f017e75e50.jpg" data-gid="gid://syiq/Photo/392154">Delivered to experienced American yacht owners, <a data-gid="gid://syiq/Yacht/13603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus35.0m (114'10&quot;)Cantiere delle Marche (CdM)2026">Octopus</a> is a highly customised project featuring exterior design by <a data-gid="gid://syiq/Company/4364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horacio Bozzo Design (Company)">Horacio Bozzo</a>, with interior design penned by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Giorgio M. Cassetta</a>. Her naval architecture was developed by <a data-gid="gid://syiq/Company/1403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axis Group Yacht Design (Company)">Axis Yacht Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/392155/image/large-8827b1ee7ddc92b4b92a886f35293fbc.jpg" data-gid="gid://syiq/Photo/392155"><a data-gid="gid://syiq/Yacht/13603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus35.0m (114'10&quot;)Cantiere delle Marche (CdM)2026">Octopus</a> was launched in April this year as the first unit in the Deep Blue 115 series. The series was inspired by the 42.9-metre Deep Blue 141 yacht Acala&nbsp;(now <a data-gid="gid://syiq/Yacht/8242" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Orixa'42.9m (140'9&quot;)Cantiere delle Marche (CdM)2022">Orixa'</a>), the first yacht conceived from the Deep Blue vision, having received multiple requests from clients seeking yachts inspired by the same concept. <a data-gid="gid://syiq/Yacht/13603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus35.0m (114'10&quot;)Cantiere delle Marche (CdM)2026">Octopus</a>&nbsp;was sold following a collaboration between <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> and Jamie Swaine of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>'s London office.<img src="https://photo-assets.superyachttimes.com/photo/400518/image/large-627df7202594ee39a53b91e991dc19c3.jpg" data-gid="gid://syiq/Photo/400518" 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;">Read more: <a data-gid="gid://syiq/Article/65983" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="35m CdM Deep Blue 115 yacht Octopus launched (2026-04-30 13:00:00 +0200)">35m CdM Deep Blue 115 yacht Octopus launched</a>"We are delighted to deliver Octopus to such knowledgeable and passionate owners," said Co-Founder and CEO of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, Vasco Buonpensiere. "Working with clients of this calibre, who brought a clear vision and deep understanding of yachting, has been both stimulating and rewarding."<img src="https://photo-assets.superyachttimes.com/photo/400517/image/large-912995a7807e83b9d07f2b60276a055a.jpg" data-gid="gid://syiq/Photo/400517">Outside, <a data-gid="gid://syiq/Yacht/13603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus35.0m (114'10&quot;)Cantiere delle Marche (CdM)2026">Octopus</a> boasts main deck aft fitted with a swimming pool, ample seating and generous storage, while a spacious swim platform grants direct access to the water. Aft, a tender garage with a port-side opening hatch adds to her explorer credentials, allowing for the convenient launch and retrieval of tenders and water toys.Stepping Inside, interiors by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Giorgio M. Cassetta</a> was conceived as an homage to the spirit of voyaging, combining organic forms, colourful accents and exotic materials to create a warm, contemporary living, intended for long-range exploration.<img src="https://photo-assets.superyachttimes.com/photo/400512/image/large-9c3aa3d145a55486dca65b537f14bb28.jpg" data-gid="gid://syiq/Photo/400512">At an interior volume of 299 GT, <a data-gid="gid://syiq/Yacht/13603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus35.0m (114'10&quot;)Cantiere delle Marche (CdM)2026">Octopus</a> accommodates up to 10 guests across five suites, including an owner's suite on the main deck forward. Dedicated quarters sleep up to seven crew members, including her captain.&nbsp;In terms of performance, she is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of nine knots and a top speed of 13.5 knots.

35m CdM Deep Blue 115 explorer yacht Octopus delivered

Cantiere delle Marche (CdM) has delivered the 35-metre Deep Blue 115 explorer yacht Octopus to her owners following her launch earlier this year.


French lawmakers from the left-wing political party La France Insoumise (LFI) have introduced a private member's bill that would prohibit privately operated yachts measuring 50 metres or more from accessing French seaports, using berths or remaining in the country's territorial waters.<img src="https://photo-assets.superyachttimes.com/photo/397767/image/large-9063ab1c035f6a255de903aeb73293ff.jpg" data-gid="gid://syiq/Photo/397767">Submitted to the French National Assembly on 23 June by deputy Thomas Portes and fellow LFI members, the proposal has been referred to committee for consideration, but has not been adopted and remains at an early stage of the legislative process.If enacted, the legislation would prohibit recreational yachts of 50 metres and above from entering French ports or remaining in French territorial waters, with exemptions for circumstances including maritime distress, severe weather, medical emergencies or serious damage to the vessel.The proposed legislation would introduce significant penalties for breaches, with courts able to impose fines ranging from one to 15 percent of a yacht's estimated value. The bill would also allow for the possible seizure of a vessel and bans of between five and 10 years, preventing other yachts controlled by the same owner from accessing French waters.<img src="https://photo-assets.superyachttimes.com/photo/397756/image/large-4e35e83dc2fe6f281574a3d400aec042.jpg" data-gid="gid://syiq/Photo/397756">In addition, authorities could request details including a yacht's flag state, registered owner, operator and ultimate beneficial owner, alongside documentation relating to crew employment and social security arrangements. Failure to provide accurate information could result in additional financial penalties.According to the explanatory memorandum accompanying the bill, the proposal is intended to reduce the disproportionate environmental impact of the world's largest recreational yachts. The lawmakers argue that these vessels generate high emissions while benefitting from publicly funded port infrastructure, with the 50-metre threshold chosen to target only the largest yachts.The proposal also acknowledges that affected yachts may relocate to neighbouring destinations, including Monaco, Italy or Spain.<img src="https://photo-assets.superyachttimes.com/photo/397788/image/large-0b49016c57b77bbed9a568af58390fdd.jpg" data-gid="gid://syiq/Photo/397788">However, the bill highlights the significant economic contribution made by the yachting sector to southern France. Figures cited by the lawmakers estimate that the industry generates approximately €1.1 billion annually for the Provence-Alpes-Côte d'Azur region and supports around 10,200 jobs across refit, maintenance, equipment, technical services and tourism.

French lawmakers propose ban on yachts over 50m

French lawmakers from the left-wing political party La France Insoumise have proposed a ban on yachts over 50m from accessing French seaports.

French opposition lawmakers propose ban on superyachts over 50m in local waters

<a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> has announced the launch of the first 28.79-metre <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> yacht from the Riva La Spezia Shipyard in Italy.<img src="https://photo-assets.superyachttimes.com/photo/400523/image/large-78c17a823c3412e6ed8ee3c4b72153f9.jpg" data-gid="gid://syiq/Photo/400523">Attended by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Stassi Anastassov and her designers, the <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> yacht is an evolution of the famous 28.49-metre Riva 90 Argo yacht, which saw the first hull launched in 2019.The <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> yacht is the result of collaboration between <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design</a>, the Strategic Product Committee and <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s Engineering Department. “The new Riva 96’ Argo Super carries our legacy forward with a yacht that is unmistakably <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>—more innovative, more liveable and more connected to the sea than ever before,” commented Stassi Anastassov.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/400524/image/large-da4ba02e80d06373acae1ab55650e491.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260720%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260720T154527Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=d6c3b71b51ec0c1ebbf18b34be960d7e42e2e1b05a6ab9568883924f688fc8a4" data-gid="gid://syiq/Photo/400524">The main saloon of the <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> yacht is available in two configurations with the first hull featuring a dining area aft and a lounge forward. The main deck is also home to her full-beam master suite which benefits from plenty of natural light.&nbsp;The lower deck of the <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> yacht is home to three generous guest suites including a full-beam VIP stateroom aft, as well as an additional second master suite. Other configurations include a layout with three VIPs and a twin stateroom. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/400525/image/large-710955dfacbf550a6e6c1d14e65ad1ec.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260720%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260720T154527Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=67029ff5b82f7bf928e150fc2c0aade4d8d433974c496cad893568dab9496cb3" data-gid="gid://syiq/Photo/400525">The new flybridge yacht features clean, sleek contours, which have been paired with black detailing to give her a contemporary and modern look. She also boasts a redesigned aft and beach area with a generous sunpad and access to her garage door which can store a <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Jet Tenders (Company)">Williams</a> 435 tender and Jet Ski.In terms of performance, the first <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> is fitted with a pair of <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 12V 2000 M96X engines, each producing 2,000 horsepower. She is also equipped with <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">Seakeeper</a> NG18 and NG10 gyroscopic stabilisers, the Watchit collision prevention system, <a data-gid="gid://syiq/Company/7877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Xenta (Company)">Xenta</a>’s X-AID manoeuvring aid and virtual anchor system, plus a stern thruster.&nbsp;The first <a data-gid="gid://syiq/Yacht/17234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 96 Argo Super #0128.79m (94'5&quot;)Riva S.p.A.2026">Riva 96’ Argo Super</a> will make her official debut at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival 2026</a>.

Riva 96’ Argo Super: First 29m yacht launched

Riva has announced the launch of the first 28.79-metre Riva 96’ Argo Super yacht from the Riva La Spezia Shipyard in Italy.

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First 29m Riva 96’ Argo Super yacht launched

<a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a> has announced the launch of a 23.98-metre <a data-gid="gid://syiq/Yacht/15663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia A80new/0223.98m (78'8&quot;)Arcadia Yachts2026">Arcadia A80new</a> yacht from its shipyard in Napoli, Italy.<img src="https://photo-assets.superyachttimes.com/photo/400507/image/large-6b661c707021e55446f7930e362b8c1a.jpg" data-gid="gid://syiq/Photo/400507">Launched as the second yacht in the Arcadia A80new series, she features exterior design and naval architecture by her builder <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>. “Every launch is an emotional experience for us because it encapsulates the hard work of so many people and the relationship we build on a daily basis with the owner,” explained Ugo Pellegrino, Founder &amp; CEO of <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/400505/image/large-8d846a906f8014f9ddab414bfa65bf56.jpg" data-gid="gid://syiq/Photo/400505">Spanning 131 GT, the <a data-gid="gid://syiq/Yacht/15663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia A80new/0223.98m (78'8&quot;)Arcadia Yachts2026">Arcadia A80new</a> yacht can accommodate up to 10 guests across a five stateroom configuration. Her master suite is situated on the main deck, a unique feature for a yacht of her size.&nbsp;Inside, natural stone has been used to decorate her bathrooms, with solid blocks of Calacatta Macchia Vecchia used for her basins, while Bianco di Lasa has been selected for her cladding, countertops and floors in the guest staterooms. <img src="https://photo-assets.superyachttimes.com/photo/400506/image/large-84d62e00466288093ee7fef5071212c8.jpg" data-gid="gid://syiq/Photo/400506">The upper deck of the <a data-gid="gid://syiq/Yacht/15663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia A80new/0223.98m (78'8&quot;)Arcadia Yachts2026">Arcadia A80new</a> yacht is around 80 square-metres, while extensive glazing bridges the gap between her interior and exterior spaces. Performance-wise, she is powered by twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, which provide her a cruising speed of 16 knots and a top speed of 19 knots. <img src="https://photo-assets.superyachttimes.com/photo/378721/image/large-a3530bee88c0bbd4f8ee8b8fe64bdf89.jpeg" data-gid="gid://syiq/Photo/378721">“The A80 is a good expression of what we believe in: listening to owners, consistent design and a boat designed to be lived in and not just admired. This is what gives yacht building a meaning for us: creating spaces that offer time, calm and a deeper connection with the water,” concluded Pellegrino.(Last image is of hull 1 and is used for illustrative purposes only.)

Arcadia A80new: Second 24m yacht launched

Arcadia Yachts has announced the launch of a 23.98-metre Arcadia A80new yacht from its shipyard in Napoli, Italy.

Second 24m Arcadia A80new yacht launched

Brazilian shipyard <a data-gid="gid://syiq/Company/513" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="INACE Yachts (Company)">INACE Superyachts</a> (ISY) has announced the delivery of its <a data-gid="gid://syiq/Yacht/16163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enejota46.7m (153'3&quot;)Arpoador Shipyard2013">custom 46.7-metre explorer yacht</a> following an extensive conversion.<img src="https://photo-assets.superyachttimes.com/photo/400494/image/large-0be5467e649dc857bdd8aea9a61bedb5.png" data-gid="gid://syiq/Photo/400494">Originally built as a commercial support vessel, the yacht has been transformed into a long-range explorer with exterior design by <a data-gid="gid://syiq/Company/1506" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fernando De Almeida Yacht Design (Company)">Fernando de Almeida</a>, while her naval architecture was developed in collaboration with the shipyard. <a data-gid="gid://syiq/Company/513" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="INACE Superyachts (Company)">ISY</a> also oversaw the engineering, conversion, outfitting and final delivery.According to the shipyard, the vessel has already attracted attention within the international yachting community following extensive media coverage of her 1,800-nautical-mile voyage along the Brazilian coast.<img src="https://photo-assets.superyachttimes.com/photo/369112/image/large-644ce94685e377da4e38a146f793d0ff.jpg" data-gid="gid://syiq/Photo/369112">“The delivery of this yacht represents a significant milestone not only for <a data-gid="gid://syiq/Company/513" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="INACE Yachts (Company)">INACE Superyachts</a> but also for the Brazilian superyacht industry,” an <a data-gid="gid://syiq/Company/513" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="INACE Superyachts (Company)">ISY</a> spokesperson explained.Onboard, the yacht offers approximately 800-square-metres of interior and exterior living space. Accommodation is provided across six staterooms, while guests can also enjoy a certified helideck, expansive entertainment areas and professional-grade operational systems designed for extended cruising.<img src="https://photo-assets.superyachttimes.com/photo/400508/image/large-eb7bd956e578fb05f51ebfbd74d1b2d9.jpg" data-gid="gid://syiq/Photo/400508">In terms of propulsion, power comes from quadruple <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, each producing 1,450 horsepower and enabling a top speed of 20 knots. The propulsion package is paired with a waterjet system, enhancing manoeuvrability and performance.“Projects of this complexity require extensive naval engineering, structural redesign, systems integration and bespoke outfitting. We are proud to demonstrate that world-class explorer yachts can be designed, engineered and delivered from Brazil to the highest international standards,” concluded the spokesperson.

Inace explorer yacht delivered following conversion

Brazilian shipyard Inace Superyachts has announced the delivery of its custom 46-metre explorer yacht following an extensive conversion.

47m custom ISY explorer yacht delivered following extensive conversion

The 36.46-metre <a data-gid="gid://syiq/Company/819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trident (Company)">Trident</a> explorer yacht <a data-gid="gid://syiq/Yacht/4440" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Escape of London36.46m (119'7&quot;)Trident1997">Escape of London</a> has been sold. <a data-gid="gid://syiq/Company/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexander Marine Australia (Company)">Alexander Marine Australia</a> introduced the buyer and Matthew Martin and Lon McCloskey of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, with Max Minarek of <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel / Vrolijk &amp; co.</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/383604/image/large-3482b17573b528375e9aecce405a775b.jpg" data-gid="gid://syiq/Photo/383604">With naval architecture and exterior design penned by <a data-gid="gid://syiq/Company/326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Hargrave (Company)">Jack Hargrave</a>, she was delivered to her owners in 1997. She can sleep up to eight guests across four well-appointed staterooms, including a full-beam owner’s stateroom located amidships.Inside, the yacht’s main saloon is distinguished by warm wood panels and design choices reminiscent of classic yacht interiors. A built-in bookshelf traces the transition into a private den or office forward of the main saloon.Propulsion-wise, <a data-gid="gid://syiq/Yacht/4440" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Escape of London36.46m (119'7&quot;)Trident1997">Escape of London</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a cruising speed of 10.8 knots and a top speed of 13.7 knots.She had a last known asking price of $2,990,000 at the time of her sale.

Trident yacht Escape of London sold

The 36.46-metre Trident explorer yacht Escape of London has been sold.

36m Trident explorer yacht Escape of London sold

The 38.71-metre <a data-gid="gid://syiq/Company/544" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Crescent Custom Yachts (Company)">Crescent Custom</a> motor yacht <a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> ran aground in Falmouth, Massachusetts, United States on Friday 17 July. <img src="https://photo-assets.superyachttimes.com/photo/400487/image/large-f433969e2b14912594a68789fecf661e.jpg" data-gid="gid://syiq/Photo/400487">According to local news publication, Cape Cod Times, <a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> ran aground in Woods Hole at around 11:00, with first responders on the scene including the United States Coast Guard, Falmouth Fire and Rescue and the Falmouth Harbormaster.“Sector SENE received a mayday distress broadcast this morning from charter vessel <a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> with 13 people onboard that had run aground on the rocks in Woods Hole Pass,” explained the U.S. Coast Guard Sector Southeastern New England﻿.<img src="https://photo-assets.superyachttimes.com/photo/400488/image/large-dc8c137489787fce72fab59ea9f1c73c.jpg" data-gid="gid://syiq/Photo/400488">“TA Woods Hole was launched to respond with Towboat U.S. and Falmouth Fire Department, and Falmouth FD arrived on scene and safely removed the passengers. The Coast Guard set a safety zone around the vessel while Tow Boat U.S. conducted salvage.”<a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> was refloated and towed to the Great Harbor Anchorage area, with the Coast Guard marine inspectors conducting a damage assessment of the vessel following the incident.Delivered in 2000, <a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> features interior and exterior design by Jack Sarin Naval Architects. Spanning 282 GT, she is able to accommodate up to 10 guests across a five stateroom configuration, as well as a crew of six in five cabins. <img src="https://photo-assets.superyachttimes.com/photo/201415/image/large-2a32c32e03adc51926abb3a431aee08d.jpeg" data-gid="gid://syiq/Photo/201415">Key features onboard <a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> include a 360-degree view skylounge, as well as a Jacuzzi and bar on her flybridge. <a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> also features a well-equipped water sports setup including <a data-gid="gid://syiq/Company/4209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seadoo Proshop (Company)">Seadoo</a> Jet Skis, Subblue sea scooters and inflatables.<a data-gid="gid://syiq/Yacht/2892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Favor38.71m (127'0&quot;)Crescent Custom Yachts2000">Favor</a> is currently available for charter across New England in the Summer and St Maarten in the winter with prices starting at $95,000 per week.&nbsp;

Favor: 39m Crescent Custom motor yacht runs aground in Falmouth

The 38.71-metre Crescent Custom motor yacht Favor ran aground in Falmouth, Massachusetts, United States on Friday 17 July. 

39m Crescent Custom yacht Favor runs aground in Falmouth, Massachusetts

The 26.47-metre Sunseeker motor yacht <a data-gid="gid://syiq/Yacht/15133" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pelagia26.47m (86'10&quot;)Sunseeker2009">Pelagia</a> has been sold, with Pedro Millet of <a data-gid="gid://syiq/Company/1572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viudes Yachts (Company)">Viudes Yachts</a> introducing the buyer and Andy McDougall of <a data-gid="gid://syiq/Company/4658" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Yachts (Company)">Mediterranean Yachts</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/352308/image/large-eafab78d1718f5c076ae837f5b4ca458.jpg" data-gid="gid://syiq/Photo/352308"><a data-gid="gid://syiq/Yacht/15133" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pelagia26.47m (86'10&quot;)Sunseeker2009">Pelagia</a> was delivered in 2009 and was previously named Junga. Moreover, she is penned inside and out by her builder and can sleep up to eight guests. Onboard highlights of the yacht include a main saloon with a formal dining area. Moving outside, guests can enjoy alfresco dining on the aft deck or lounge under the sun on the foredeck.In terms of propulsion system, the <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 84 yacht 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 30 knots and a top speed of 37 knots.

Sunseeker yacht Pelagia sold

The 26.47-metre Sunseeker motor yacht Pelagia has been sold.

26m Sunseeker motor yacht Pelagia sold

The 42.98-metre <a data-gid="gid://syiq/Company/84" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Nicolini Srl (Company)">Cantieri Navali Nicolini</a> superyacht <a data-gid="gid://syiq/Yacht/1044" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CD Two42.98m (141'0&quot;)Cantieri Navali Nicolini Srl1993">CD Two</a> has been sold, with Ioannis Agrotis of <a data-gid="gid://syiq/Company/8125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maritime Ventures (Company)">Maritime Ventures</a> introducing the buyer and Edouard Vignal of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/383110/image/large-dc60e00da87da1f4ddae889f78a3653c.jpg" data-gid="gid://syiq/Photo/383110">Delivered in 1993, she was previously named Independent of London and benefited from a technical refit in 2024. <a data-gid="gid://syiq/Yacht/1044" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CD Two42.98m (141'0&quot;)Cantieri Navali Nicolini Srl1993">CD Two</a> features naval architecture penned in-house by her builder. Meanwhile, she was designed inside and out by <a data-gid="gid://syiq/Company/85" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Claudio Zampetti (Company)">Claudio Zampetti</a>.She can sleep up to 13 guests across seven staterooms, comprising a master suite, two double staterooms, three twin suites, and one single suite. <a data-gid="gid://syiq/Yacht/1044" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CD Two42.98m (141'0&quot;)Cantieri Navali Nicolini Srl1993">CD Two’s</a> main amenities include cushioned sunpads surrounding the Jacuzzi on the sun deck.In terms of propulsion, the <a data-gid="gid://syiq/Company/84" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Nicolini Srl (Company)">Nicolini</a> yacht 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 12.5 knots and a top speed of 17 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/1044" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CD Two42.98m (141'0&quot;)Cantieri Navali Nicolini Srl1993">CD Two</a> had a last known asking price of €2,690,000.Photo courtesy of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.