Blue Water has reported record numbers for the STCW95 Basic Training course. This qualification is becoming more and more demanded and can be the key in landing a job in the industry. While required on Luxemburg Flagships and MCA endorsed boats, it is now highly recommended to work on other FlagShips. With our experienced instructors and new fire fighting equipment, we intend to provide you with more courses this season to meet your demands.<noscript></noscript>

Blue Water reports record numbers for the STCW95 Basic training course

<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> has announced an exclusive appointment as the agent for <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> in Asia. This strategic partnership hopes to bring together the two iconic brands, both of which are renowned for their commitment to excellence, craftsmanship, and pioneering in the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/309284/image/large-93bdce7c99289d2ae58e9267a68f7e82.jpg" data-gid="gid://syiq/Photo/309284">Operating as one of Asia-Pacific’s leading yacht sales and service companies, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> has already begun a new strategic chapter, with the retirement of the company’s founder, Mike Simpson and the recent acquisition by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, announced on 5th March 2024.Read:&nbsp;<a data-gid="gid://syiq/Article/59876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo acquires 95% of Simpson Marine Group (2024-03-06 09:45:00 +0100)">Sanlorenzo acquires 95% of Simpson Marine Group</a><a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)"><img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">Simpson Marine</a> now plans to expand beyond Asia and continue operating as a multi-brand dealership with an updated brand portfolio including <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a>, <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Boats Ltd (Company)">Fairline</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>.“This notable addition to our portfolio consolidates our presence in the high-end yachting market segment, offering our customers a range of yachts sharing the same principles of the highest craftsmanship and artisan approach,” explained Richard Allen, Chief Operating Officer of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>.<img src="https://photo-assets.superyachttimes.com/photo/309292/image/large-c02fb38a81ceb3b6ad6502ea55d75d7f.jpg" data-gid="gid://syiq/Photo/309292">The collaboration between <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> will be officially launched at the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a>, taking place this week from 25 to 28 April.&nbsp;"The strong network, the key locations and the highly qualified sales and service teams of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> will bring the best opportunities to develop the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> brand in some established and upcoming markets of Asia,” added Olivier Decamps, Asia-Pacific Regional Director at <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>.<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)"><img src="https://photo-assets.superyachttimes.com/photo/309293/image/large-1d9c30ee6bab86a4338b2dcedc4263c5.jpg" data-gid="gid://syiq/Photo/309293">Simpson Marine</a> is committed to growing the Asia-Pacific market, with the inaugural <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit">Asia-Pacific Superyacht Summit</a> being held under the patronage of <a data-gid="gid://syiq/Company/7547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Superyachts (Company)">Simpson Superyachts</a>. Taking place in Hong Kong on the 5 and 6 of June, at the Renaissance Hong Kong Harbour View Hotel, the summit aims to develop the Asian superyacht market, in a bid to attract more yachts to the region.James Clayton, Sales Director for <a data-gid="gid://syiq/Company/7547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Superyachts (Company)">Simpson Superyachts</a> is also one of the confirmed speakers at the event for the topic of “Selling superyachts in Asia”You can<a data-gid="gid://syiq/Article/59887" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit 2024 programme announced (2024-04-04 17:00:00 +0200)">&nbsp;find out more about the Asia-Pacific Superyacht Summit</a> and <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2024-tickets-810039679487" rel="noopener noreferrer" target="_blank" title="">purchase tickets here</a>.

Simpson Marine appointed Asia's exclusive agent for Nautor Swan

Simpson Marine has announced an exclusive appointment as the agent for Nautor Swan in Asia.

Simpson Marine appointed as exclusive agent for Nautor Swan in Asia

The 98.4-metre <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> superyacht <a data-gid="gid://syiq/Yacht/5752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aviva98.4m (322'10&quot;)Abeking & Rasmussen2017">Aviva</a> has reportedly left Malta after her owner, convicted inside-trader Joe Lewis, paid a €5 million fine to the US authorities. The yacht reportedly travelled from Malta along Albania’s coast, before docking at Zakynthos.<img src="https://photo-assets.superyachttimes.com/photo/300951/image/large-2f5e08db5ae6a1fd969e72a40dc16f91.jpg" data-gid="gid://syiq/Photo/300951">British billionaire Joe Lewis was sentenced to three years of probation on 4 April 2024, after pleading guilty to insider trading charges in New York and admitting to sharing business secrets with personal friends.Lewis was sentenced by a federal judge after admitting to repeatedly passing information about four publicly traded companies to his girlfriend, personal pilot, employees and friends, though he did not personally trade or financially benefit from the information shared.<img src="https://photo-assets.superyachttimes.com/photo/291464/image/large-55953f9cd105cbb3f7689ffe4cbcc39c.jpeg" data-gid="gid://syiq/Photo/291464">One of Lewis’ companies, Broad Bay Ltd, also pleaded guilty to securities fraud in the case and agreed to pay a $50 million penalty. According to the Associated Press this is "the largest financial penalty for insider trading in a decade.”According to Bloomberg, Lewis pledged his yacht <a data-gid="gid://syiq/Yacht/5752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aviva98.4m (322'10&quot;)Abeking & Rasmussen2017">Aviva</a>, along with his private jet to secure his release following his arrest in July. He was prohibited from setting foot onboard the yacht until he had paid a $5 million fine after sentencing, which he settled soon after the verdict in Manhattan.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/59837" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="98m Abeking & Rasmussen superyacht Aviva in Malta (2024-03-01 08:00:00 +0100)">98m Abeking &amp; Rasmussen superyacht Aviva in Malta</a><a data-gid="gid://syiq/Yacht/5752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aviva98.4m (322'10&quot;)Abeking & Rasmussen2017"><img src="https://photo-assets.superyachttimes.com/photo/291465/image/large-c8a5b4b76e871b101d43dad5b394f424.jpeg" data-gid="gid://syiq/Photo/291465">Aviva</a> had remained in the Mediterranean port for the past year while Lewis faced charges in the US, but has since cruised to the Greek island of Zakynthos earlier last week. The yacht was then seen near Kalamata in southern Greece, although it was unclear whether Lewis was onboard.<a data-gid="gid://syiq/Yacht/5752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aviva98.4m (322'10&quot;)Abeking & Rasmussen2017">Aviva</a> was delivered in 2017 from Germany and features interior and exterior design by <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton Design</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. She boasts eight guest suites, with key amenities including a helipad, padel tennis court, spa and a cinema.<img src="https://photo-assets.superyachttimes.com/photo/43360/image/large-152f9a2cee7ae593d6015229206b47e2.jpg" data-gid="gid://syiq/Photo/43360">

98m yacht Aviva on the move again after convicted owner pays US fine

The 98m Abeking & Rasmussen superyacht Aviva has reportedly left Malta, after her owner Joe Lewis paid a €5 million fine to the US authorities.

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98m superyacht Aviva on the move again after convicted owner pays US fine

Netherlands-based shipyard <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</a> has announced the retirement of founder Wim van der Valk. <img src="https://photo-assets.superyachttimes.com/photo/308901/image/large-0cfa0ff17e671aa8b5e90856283454ef.jpg" data-gid="gid://syiq/Photo/308901">Wim van der Valk has been at the helm of the shipyard since its foundation in 1967, and his retirement coincided with the celebration of his 79th birthday. As a result of this, a management buyout of Van der Valk’s shares has taken place, financially supported by a family of experienced yacht owners who have previously commissioned three custom superyachts from the <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>.“<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</a> has firmly established itself in recent years as one of the only yards in the world with the capacity and flexibility to build all-custom superyachts up to 45 metres in length,” explained <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</a>. <img src="https://photo-assets.superyachttimes.com/photo/308902/image/large-44fd1a92471c056f658eaaffd2f05467.jpg" data-gid="gid://syiq/Photo/308902">“The management team of Enrico Theuns, Bram Kooltjes and Yoeri Bijker can leverage on decades of combined experience in the high-end yachting industry and will continue to enjoy the ongoing support of President Emeritus Wim van der Valk as an advisor to the board.”Based in Waalwijk, the Netherlands, <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</a> boasts 9,000 square metres of facilities, with its seventh construction hall opening last November. As well as this, they also reported a full order book stretching well into 2026, which includes their largest superyacht built to date. <img src="https://photo-assets.superyachttimes.com/photo/272384/image/large-3f79af43b9989549f108404a8d5cf2f1.jpg" data-gid="gid://syiq/Photo/272384">“The significant capital investment will enable <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</a> to continue growing our unique niche in the market for bespoke yachts between 25 and 45 metres,” commented head of sales Yoeri Bijker.&nbsp;“The new primary shareholders fully understand our yard’s ethos having built several award-winning yachts with us and are committed to ensuring <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</a> retains its Dutch structure, heritage and quality. We have a solid financial future as an independent entity with various options available for further expansion. Wim’s unrivalled legacy could not be in safer hands.”

Wim Van der Valk retires from Van der Valk shipyard

Netherlands-based shipyard Van der Valk has announced the retirement of founder Wim van der Valk.

Van der Valk Shipyard announces retirement of founder and management buyout

A group of 16 leading boat manufacturers and eight industry associations have come together to develop the first-ever environmental footprint methodology for recreational boats under 24 metres.<img src="https://photo-assets.superyachttimes.com/photo/308823/image/large-7f755a2c28b948b5137b3cb872f411d2.jpg" data-gid="gid://syiq/Photo/308823">Tackling climate change and minimising environmental impact a is a significant challenge for the yachting industry. The industry is committed to addressing emissions across the entire lifecycle, however this is only possible with a unified approach.Developed under the umbrella of the European Boating Industry (EBI), the project will be backed up by a database and assessment tool, to allow small and large manufacturers to access the green transition.Among those involved with the project include, Amel Yachts, Amer Yachts, <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>, Bavaria Yachts, <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau Group</a>, <a data-gid="gid://syiq/Company/7265" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Del Pardo (Company)">Cantiere del Pardo</a>, Catana Group, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Fountaine Pajot, <a data-gid="gid://syiq/Company/6194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grand Large Yachting (Company)">Grand Large Yachting</a>, Greenline, Inha Works, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, Sasga, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>, and <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>.The environmental sustainability consultancy Quantis has been chosen as technical partner for the project, with ICOMIA, the International Council of Marine Industry Associations, acting as a strategic partner of the project to ensure global alignment.<img src="https://photo-assets.superyachttimes.com/photo/308818/image/large-e1d9f5e94b0e65abeb83a659c96ef5a4.jpg" data-gid="gid://syiq/Photo/308818">“This is a unique and highly welcome cooperation,” explained Robert Marx, President of EBI. “For the first time, competing manufacturers are committed to jointly addressing the sustainability challenge.”The project will be conducted in two phases, first focusing on developing a science-based and transparent environmental footprint methodology to harmonise calculation rules. In the second phase, the focus will be on implementing this with a comprehensive materials database and user-friendly calculation tool.&nbsp;This will allow manufacturers to conduct eco-design and comprehensively reduce environmental impact, as well as communicate the environmental footprint to consumers, stakeholders and regulators. The project hopes to eventually go beyond carbon emissions and include other critical environmental indicators.<img src="https://photo-assets.superyachttimes.com/photo/308824/image/large-13ce8e821b3be7401b58db04e363f78a.jpg" data-gid="gid://syiq/Photo/308824">“The outcomes will allow companies of all sizes to access the green transition without greenwashing, reduce environmental impact and proactively shape the regulatory approach in Europe and globally,” added Robert Marx.This combined effort will allow the yachting industry to comply with the latest EU environmental legislation and be ahead of the regulatory curve. The project has already been presented to the EU Commission and has received strong support.The threshold of 24 metres was chosen to align with EU regulations, and will be based on a coherent Life Cycle Assessment approach, following the stringent EU Product Environmental Footprint Category Rules.“We need a proactive and pragmatic approach to sustainability and this project will develop the tools that industry needs,” concluded Robert Marx.

Boating industry to develop landmark Environmental Footprint Standard 

A group of boat manufacturers and industry associations have come together to develop the first environmental footprint methodology for boats.

Boating industry comes together to tackle sustainability in yachts

In January, <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> announced that it had to enter a restructuring phase, stating that it had to transition from a 'founder-funded entity to an investor-funded one, led by experienced industry professionals." The company has now completed its restructuring, with German-American investor and <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> client Michael Said having acquired the shipyard out of administration to fund the construction of all in-build projects. <img src="https://photo-assets.superyachttimes.com/photo/308337/image/large-812058c3c2553e503fd4e90ebb28dd38.jpg" data-gid="gid://syiq/Photo/308337">The company has also put a new management team in place, led by the new CEO Fabrizio Iarrera, formerly of both <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> and Dolce Vita Yachts. Iarrera will run day-to-day operations with support from Michael Said and a board of shareholders. Steve Bell, a veteran manager from manufacturing businesses, has agreed to serve as Vice Chairman of this board and together, they will oversee the new business and assist the new management team to achieve growth.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/308325/image/large-34efb50e8a582c4756be751867e7f036.jpg" data-gid="gid://syiq/Photo/308325">New CEO Fabrizio Iarrera commented, "<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> is known and recognised throughout the yachting world for developing the technology to make electric catamarans a reality. There are costs associated with creating an entirely new market, and the original business fell prey to these, at a time when price inflation everywhere was spiralling out of control."<img src="https://photo-assets.superyachttimes.com/photo/308333/image/large-6e974e48db713ec1223b3e352e089d51.jpg" data-gid="gid://syiq/Photo/308333">Michael Said has acquired <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> through his acquisition firm Helios Yacht Investments GmbH and has taken control of all assets and intellectual property, including the yachts' design and the shipyard in Fano. Said's investment protected the companies 140 employees jobs and has enabled the yard to continue its production, with the company also announcing the launch of the first <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 62 catamaran. A further seven of the model are due to launch this year. <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> has also confirmed that it will launch the first 23.95-metre <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 80 model in 2025, the first of which were due for delivery this year.&nbsp;Iarrera added, "Our yacht owners are passionate about the brand and the yacht itself, as our very strong pipeline of orders shows. For Michael Said, it was an easy decision to invest in a restructured S<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">ilent Yachts</a>, and many of our other owners are just as keen. We know we have a job to do to rebuild the brand's reputation, but we've been thrilled by the positive reception we've had from those who have already put in orders."Over the coming two years, the focus of the yard will be to complete all projects currently under construction and will offer additional build slots of 2025 and 2026.

Silent Yachts new ownership

Silent Yachts announces new management and ownership.

Silent Yachts announces new ownership and management

<a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> has announced the appointment of Ale Navarro as Sales Broker and Partner. Ale Navarro joins <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> with a plethora of knowledge and experience within the industry. <img src="https://photo-assets.superyachttimes.com/photo/308364/image/large-b9cefa9914c17c0a51423ecc19391e77.jpg" data-gid="gid://syiq/Photo/308364">Navarro developed a passion for yachting from a young age, where he spentless countless hours sailing with his family in Colonia and Punta del Este, Uruguay. From here, a deep understanding and appreciation of the water was instilled into him, laying the foundation for his career in the industry.“We are delighted to welcome Ale Navarro to the <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> team,” added Altea Llakmani, COO and Co-Founder of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a>. “His unwavering passion for the yachting industry, coupled with his robust client relationships and track record of success, make him an invaluable addition to our Company.”Ale Navarro ascended through the ranks from dayworker to captain, serving 10 years under one of the most prolific American superyacht owners. His passion, coupled with his career has led him to be a highly respected individual within the industry.Read:&nbsp;<a data-gid="gid://syiq/Article/49640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Market Watch: Ale Navarro from HMY Yachts (2019-03-05 16:00:00 +0100)">Market Watch: Ale Navarro from HMY Yachts</a><img src="https://photo-assets.superyachttimes.com/photo/65752/image/large-6084768b5300bd3d637c39124ee025be.jpg" data-gid="gid://syiq/Photo/65752">“My decision to join <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> was motivated by a shared commitment to excellence and a mutual dedication to delivering unparalleled client experiences,” expressed Navarro. I saw an opportunity to align myself with a brokerage house that reflects my own values and aspirations. I am eager to contribute to a team that shares my passion for exceeding client expectations.”Ale Navarro’s specialty lies in new yacht construction, where he was recognised as one of the top sellers for <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> USA, and broker of the year at <a data-gid="gid://syiq/Company/2223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HMY Yacht Sales (Company)">HMY Yachts</a> in 2023.&nbsp;“As we continue to evolve and expand, Ale’s presence as a business partner will undoubtedly facilitate our growth and strengthen our team dynamics, added Altea Llakmani. “At <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI</a>, we pride ourselves on fostering a familial atmosphere, and Ale’s energy, enthusiasm, and drive align perfectly with our ethos. We are thrilled to have him onboard”

FGI Yacht Group appoints Ale Navarro as Sales Broker and Partner

FGI Yacht Group has announced the appointment of Ale Navarro as Sales Broker and Partner. 

Ale Navarro joins FGI Yacht Group as Sales Broker and Partner

Dalian Wanda Group, a leading Chinese conglomerate and the nation's largest shopping mall operator, has allegedly agreed to sell <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker International</a> to Lionheart Capital, according to unnamed sources.<img src="https://photo-assets.superyachttimes.com/photo/302702/image/large-858045b13f3d301dc91e38c975c0fb75.jpg" data-gid="gid://syiq/Photo/302702">The Dalian Wanda Group acquired the UK-based yacht company in 2013, with a total investment value of £320 million and a 91.81% majority stake in the company. According to online news company Bloomberg, a purchase agreement has been signed and is awaiting approval from the British regulatory authorities.Read:&nbsp;<a data-gid="gid://syiq/Article/41092" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wanda announces completion of Sunseeker acquisition (2013-08-27 00:00:00 +0200)">Wanda announces completion of Sunseeker acquisition</a><img src="https://photo-assets.superyachttimes.com/photo/308047/image/large-8327d3e80c4316d7b9db9f4cfea909c8.png" data-gid="gid://syiq/Photo/308047">Miami-based investment firm Lionheart Capital is led by Chief Executive Officer Ophir Sternberg, with the company backing businesses from various different business sectors. In 2021, the company participated in a consortium that acquired powerboat manufacturer Cigarette Racing Team.Read:&nbsp;<a data-gid="gid://syiq/Article/53034" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luxury powerboat company Cigarette Racing under new ownership (2021-05-27 10:15:00 +0200)">Luxury powerboat company Cigarette Racing under new ownership</a>According to Bloomberg, the Wanda Group faced challenges as borrowing costs increased and Beijing implemented stricter regulations on the property sector.&nbsp;SuperYacht Times reached out to <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, however, they had nothing further to add to the discussion at this time.

Sunseeker International plans to be sold to Lionheart Capital

Wanda Group has allegedly agreed to sell Sunseeker International to Lionheart Capital, according to unnamed sources.

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Sunseeker International allegedly to be sold to Lionheart Capital 

Paolo Pininfarina, Chairman of the <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina Group</a> has passed away aged 65 in Turin, Italy, surrounded by his loved ones. <img src="https://photo-assets.superyachttimes.com/photo/210197/image/large-3c9b5d8b35377c2421139f493234c16e.jpg" data-gid="gid://syiq/Photo/210197">Paolo Pininfarina had led the company as Chairman since 2008, following the death of his brother Andrea. Guided by the principles laid down by his grandfather, Battista "Pinin" Farina, Paolo embarked on a journey to redefine automotive aesthetics and functionality.Under Paolo's stewardship, the <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina Group</a> shaped the contours of automotive icons for prestigious brands like Ferrari, Maserati, and Alfa Romeo. His leadership guided the company through a diversification process in the 1980s, expanding its influence beyond automotive design to become a benchmark in various design fields.Read:&nbsp;<a data-gid="gid://syiq/Article/53979" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="At the studio with the perfect proportions of Pininfarina (2021-10-29 15:45:00 +0200)">At the studio with the perfect proportions of Pininfarina</a><img src="https://photo-assets.superyachttimes.com/photo/45430/image/large-570ccdbf09398bd8531b8ea44bd323e5.jpg" data-gid="gid://syiq/Photo/45430">The studio is known for projects such as the <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> 45F5, which introduced a new aesthetic to sailboat design in 1990; <a data-gid="gid://syiq/Yacht/7764" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Destriero67.7m (222'1&quot;)Fincantieri Yachts1991">Destriero</a>, the record-breaking motor yacht launched by <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> in 1991; the Primatist G46 Aerotop sports cruiser for Bruno Abbate; and the super-fast but minimalist Magnum 80 in 2008.From here the firm has partnered with studios and shipyards such as <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>, <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>, and <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni</a>. In 2017, <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a> joins forces with <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> with the R35, before expanding to other larger models. &nbsp;&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/48734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Preview: Princess and Pininfarina team up on new X95 design (2018-07-10 13:00:00 +0200)">Princess and Pininfarina team up on new X95 design</a><img src="https://photo-assets.superyachttimes.com/photo/307973/image/large-874e20f35b25a18d3407f60bf391e7fd.jpg" data-gid="gid://syiq/Photo/307973">“Today, we mourn the loss of a visionary leader, but we also celebrate the enduring impact of Paolo Pininfarina's life and work,” added <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a>. “His spirit will continue to inspire us as we carry forward his legacy of innovation and excellence.”

Paolo Pininfarina Chairman of the Pininfarina Group passes away

Paolo Pininfarina, Chairman of the Pininfarina Group has passed away aged 65 in Turin, Italy, surrounded by his loved ones. 

Paolo Pininfarina: Chairman of the Pininfarina Group passes away aged 65

<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has officially announced the resignation of Ferruccio Rossi, the company's General Manager and President of Superyachts. Effective April 8, Rossi has relinquished the powers previously granted to him by the board of directors on April 28 and June 22, 2022. Additionally, his tenure as an executive officer of the company will consensually conclude on April 30.<img src="https://photo-assets.superyachttimes.com/photo/303635/image/large-17db85de10541d2a319f0fac04440ee3.jpg" data-gid="gid://syiq/Photo/303635">Rossi will retain his role as a director without the delegated authority at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> until the end of October, receiving the same compensation accorded to non-executive directors. Furthermore, he will progressively resign from his positions within the other companies in the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo group</a>.Ferruccio Rossi commented: "These almost 10 years at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> have been an extraordinary and satisfying period, both at corporate and personal level. I would like to thank Massimo Perotti who has given me the opportunity to live by his side such an extraordinary moment in the history of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, a wonderful company that will continue to reap new successes as it well deserved over the years. The People of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> have given me so much over these years and my gratitude embraces all of them, People whose every-day passion makes the difference. A special thanks to my wife Glenda, always by my side in the challenges of life."<img src="https://photo-assets.superyachttimes.com/photo/250520/image/large-0a3fbeca280e8c3933c53ff570e0aa4f.jpg" data-gid="gid://syiq/Photo/250520">The parties have agreed to activate the non-competition agreement established at the time of hiring, which will remain in effect until April 30, 2025. Additionally, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and Ferruccio Rossi are exploring the possibility of entering into a collaboration agreement, which would enable them to work together on the development of specific projects. The Company specified that Ferruccio Rossi holds 259,618 <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> sharesMassimo Perotti, CEO and Chairman of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, commented, “Over the last 10 years, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has experienced substantial growth, which has strengthened its positioning in the luxury yachting sector, also internationally. I would like to thank Ferruccio Rossi, who contributed to this growth by holding strategic positions within <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Group. I am sure that the new and different relationship that is under negotiation with Ferruccio Rossi will be just as successful. I confirm that <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s organisation adequately absorbs the functions that were carried out by Ferruccio Rossi”.

Sanlorenzo and Ferruccio Rossi part ways

Sanlorenzo has officially announced the resignation of Ferruccio Rossi, the company's General Manager and President of Superyachts.

Ferruccio Rossi steps down from Sanlorenzo

For our latest edition of Entrepreneur in Yachting for&nbsp;<a href="https://www.superyachttimes.com/yacht-news/issue-48-superyacht-times-newspaper" rel="noopener noreferrer" target="_blank" title="">Issue 48</a> of the SuperYacht Times newspaper, Francesca Webster sat down with Josh Richardson, Founder and CEO of&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tenders &amp; Toys</a>.<img src="https://photo-assets.superyachttimes.com/photo/303861/image/large-4aed28d1595ca94dd8dbe8c2f1ee84d4.jpeg" data-gid="gid://syiq/Photo/303861">Can you share the inspiration and vision behind the founding of <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a> (SYTT)?&nbsp;Essentially it was due to a need for a go-to company offering management consultancy and procurement for tenders and toys on a new-build project I was working on as a yacht manager. As I could not find anyone who offered what I needed, I thought it was something the world needed! Turns out it did – phew! The tenders and toys had always been a specific area of interest for me as a previous captain and a yacht manager, and I believed I had a very specific skill set which others could use on their projects! Prior to <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">SYTT</a> I was Chief Instructor of a yacht training school, so had a huge amount of experience in all manner of craft. I also had a job driving boats in films, followed by captaining various sailboats between the UK and NZ, followed by a few years working for <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Yacht Management</a>. <img src="https://photo-assets.superyachttimes.com/photo/303864/image/large-056c07999a8a74c083bc6d9ac61fd644.jpeg" data-gid="gid://syiq/Photo/303864">Could you elaborate on some key milestones and challenges that have shaped the company's journey so far?&nbsp;Initially it was just my wife and I working from home but very quickly we grew with seemingly large steps such as getting offices, warehousing and growing our staff. In recent years with Brexit, covid and the Ukraine war this has certainly caused some additional challenges. Some of these are positive, such as us setting up a Monaco company and extending our warehousing to Nice to cater for EU clients.We were ahead of the market (first to market) in the offering we were doing as a business when we set up and that certainly helped us grow as a business. Typical tenders onboard yachts were a <a data-gid="gid://syiq/Company/2473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Novurania (Company)">Novurania</a> or a <a data-gid="gid://syiq/Company/5361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zodiac Maritime Ltd. (Company)">Zodiac</a> and toys were usually a Jet Ski and towable. As we know this has greatly changed, with tenders and toys being critical to the enjoyment and marketing of a yacht, with a typical 50 metre spending approximately €100k on a new-build toys setup and yachts having multiple, often custom yacht tenders, limousines and chase boats. In the very early days, many tender manufacturers were unknown and poorly marketed, and our experience made a huge difference in helping guide clients into the best craft for their needs.<img src="https://photo-assets.superyachttimes.com/photo/303865/image/large-c67e542ebaca2327d33f9f53256808f2.jpeg" data-gid="gid://syiq/Photo/303865">In terms of milestones one significant one was where we won a Queen's Award and met the Royals at Buckingham Palace in 2017. We also won numerous other awards such as the British Marine Federation (BMF) Best Marine Business to work for, BMF Business of the Year and Sunday Times Fasttrack awards showing company growth. Other milestones are some large new-build orders which we got a lot of PR and marketing from. We have been lucky to work with some innovative owners and an example which instantly springs to mind is the original Ulysses U107 (now <a data-gid="gid://syiq/Yacht/4946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andromeda107.4m (352'4&quot;)Kleven Maritime AS2016">Andromeda</a>) and U116 (now <a data-gid="gid://syiq/Yacht/5796" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Multiverse116.0m (380'7&quot;)Kleven Maritime AS2018">Multiverse</a>) made by <a data-gid="gid://syiq/Company/2996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kleven Maritime AS (Company)">Kleven</a>. On these we completed the full tenders and toy outfitting, showcasing what it is we do. We are now involved in a lot of large new-builds in a similar capacity. In truth, the larger the project the more value we add and are often considered an extension to a new-build team.<img src="https://photo-assets.superyachttimes.com/photo/203481/image/large-f2ec189e8856bb169bf1f545e7f7c8b7.jpg" data-gid="gid://syiq/Photo/203481">How has the company evolved to meet the changing demands of the industry?&nbsp;There have been several changes over the years to <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">SYTT</a> and we are now a Group of companies. This includes:&nbsp;• <a data-gid="gid://syiq/Company/6281" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shipyard Supply co (Company)">Shipyard Supply Co</a>, setup in 2018, specifically aimed at manufacturing and selling our own deck equipment out of our Suffolk, UK HQ. This includes transom fenders, carbon pillar fenders, tender whips and more.• Incorporating <a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">SYTT</a> MC in 2019, our Monaco business, required due to Brexit but also setup to increase our presence to operational yachts and toy rental in the Med.• Launching <a data-gid="gid://syiq/Company/6504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ROAM (Company)">ROAM</a> boats in 2021, our own brand of aluminium adventure yacht tenders.• Bringing to market our own Superyacht Inflatables, manufactured in the EU and made from a recyclable TPU instead of PVC.&nbsp;A constant theme with our businesses has been the development to offer what the market is after and adjust what we offer to suit, constantly being in evolution. The requests we got back in 2011 are very different to what we now receive. An example of this is that we used to get asked to populate a tender garage and had a very loose brief. Nowadays people are more educated and know specifically what they want. One significant change for us as a business is that now, in 2023, an increasing number of clients are after a manufacturer direct relationship. This is partly due to price, to ensure the best value, service and communication. <img src="https://photo-assets.superyachttimes.com/photo/221830/image/large-dcfd9578fc59eae1b469069b3c099f14.jpeg" data-gid="gid://syiq/Photo/221830">As the CEO, what strategies have you employed to foster a culture of innovation within the company?Innovation has been easy! Clients simply ask us to develop new things, whether that be products or services. In terms of personnel we are a very relaxed office and everyone mucks in at all levels. Office doors are always open and both Claire and I have always shared all information throughout the company. This is done face to face but we also share info internally on newsletters, days out and corporate events. Everyone is as important as each other, that is why we have things such as company wide bonuses, which are the same value if junior admin to senior management.<img src="https://photo-assets.superyachttimes.com/photo/303862/image/large-e593931158c77696b4e0c14e5b233bca.png" data-gid="gid://syiq/Photo/303862">Are there any strategic partnerships or collaborations that have played a significant role in the growth and success of&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a>?&nbsp;There are a number of ones here, and thinking about this they mostly rotate around who we like, are friends with and trust. Exceptional relationships on the tenders side have been <a data-gid="gid://syiq/Company/5749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ribeye Tenders (Company)">Ribeye</a>, <a data-gid="gid://syiq/Company/4767" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Compass Tenders Ltd (Company)">Compass</a> and <a data-gid="gid://syiq/Company/4611" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Argo Navis (Company)">Argo Navis</a>. On the toys side it is hard to look past JOBE, Watersports World and Flite.&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a>&nbsp;has expanded its scope beyond traditional yacht toys. Can you share insights into the diversification of the company's offerings and how this has contributed to its overall success?&nbsp;There are actually a few ways to answer this. We made our name back in 2011 being a one stop shop. Whether this be fenders, toys, tenders, ropes, gym equipment, procurement and much more. I remember us shipping bottled water around the world for one yacht! We have however had a mini reset in recent years and we now do not market ourselves like this. We no longer do procurement of anything other than tenders and toys. We are very good at what we do, often being seen as a management consultancy and having unique industry experience and do not want to compete with procurement companies selling toilet rolls, crockery, cushions and filters. This change was mainly due to a combination of seeing which products do well for us as a business. Procurement was the worst and one which no staff enjoyed. Since making this change, which felt quite brave at the time, profits have more than doubled in three years and clients are respecting us as the authority on all things tenders and toys.<img src="https://photo-assets.superyachttimes.com/photo/303867/image/large-189d771c72cd6c82c98a9ecb6a4cbdef.png" data-gid="gid://syiq/Photo/303867">What exciting developments and innovations can we expect from&nbsp;<a data-gid="gid://syiq/Company/2854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Tenders and Toys (Company)">Superyacht Tender and Toys</a>&nbsp;in the near future?&nbsp;We have some great new <a data-gid="gid://syiq/Company/6504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ROAM (Company)">ROAM</a> tenders soon to hit the water in 2024. These include a 11 metre owners landing craft, a 9.3 metre and 7.5 metre beachlander, some inflatable landing crafts and an electric RIB. Other than that we are involved in almost all large yacht builds delivered from <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and others. On the fun front we are working on plans to cycle across the channel on a hydrofoiling bike and skydive from a helicopter in Monaco!Finally, what advice would you give to prospective entrepreneurs in this sector?I would tell them it is terrible, you will never earn money and to look for a different sector! Go and sell crew uniforms or something! Regardless of which sector however, if you work harder, longer and are determined at something you enjoy, then you have all the foundation blocks to be successful.&nbsp;This article is featured in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/issue-48-superyacht-times-newspaper" target="_blank">Issue 48</a>&nbsp;of the SuperYacht Times newspaper.&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">Subscribe now</a>&nbsp;to receive your copy straight to your door and never miss another issue.&nbsp;

Josh Richardson of Superyacht Tenders & Toys 

For our latest Entrepreneur in Yachting, we sat down with Josh Richardson of Superyacht Tenders and Toys.

"I couldn't find anyone who offered what I needed, so I created it!" CEO Josh Richardson of SYTT

The 24.71-metre <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> motor yacht <a data-gid="gid://syiq/Yacht/11467" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Living Life 324.71m (81'1&quot;)Ferretti Yachts2014">Living Life 3</a> is on the market with Wes Sanford of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.<img src="https://photo-assets.superyachttimes.com/photo/310552/image/large-d7636050c24d2050d0b69ef00ea6877e.png" data-gid="gid://syiq/Photo/310552">Delivered in 2014 by <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a>, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features an exterior design and interior design both conceived by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, while her naval architecture is penned in-house by her Italy-based shipyard. <img src="https://photo-assets.superyachttimes.com/photo/310554/image/large-3948f6dd5e7c7e11e32166c28c4e5388.png" data-gid="gid://syiq/Photo/310554">Across her 113 GT volume, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a>’s four stateroom layout is capable of sleeping up to eight guests onboard. In addition, as many as four crew members can be accommodated across two crew cabins.<img src="https://photo-assets.superyachttimes.com/photo/310558/image/large-848aa2aa21122342ac734ccd9b9e0c88.png" data-gid="gid://syiq/Photo/310558">Inside the yacht’s opulent and air-conditioned guest accommodation, shiny pillows married with fluffy print blankets and intriguing modern artwork, as well as expansive geometric windows exude a sense of both timeless glamour and nautical bliss. Additionally, pristine, well-lit bathroom facilities are decked out in clean white marble and elegant light wood finishes.<img src="https://photo-assets.superyachttimes.com/photo/310556/image/large-754e4d4b982b8f6dabbc864e08160199.png" data-gid="gid://syiq/Photo/310556"><img src="https://photo-assets.superyachttimes.com/photo/310557/image/large-cfe6878af0f7c411997640f614decf85.png" data-gid="gid://syiq/Photo/310557">A similarly charming aesthetic is maintained throughout the design of the <a href="https://www.superyachttimes.com/yachts/ferretti-yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">Ferretti yacht for sale</a>’s welcoming saloon, where two soft cream-coloured sofas joined together with a the centrepiece of a dark wood coffee table are flanked by generous windows, which not only bathe the social haven in soothing natural light, but also provide far-reaching panoramic views. <img src="https://photo-assets.superyachttimes.com/photo/310553/image/large-a551bfdb8114238216e30ccafc614275.png" data-gid="gid://syiq/Photo/310553">A connection to the nearby scenery is further augmented by the yacht’s spacious exterior deck areas, containing several cosy outdoor seating arrangements, one of which boasts a state-of-the-art TV, perfect for alfresco dining while catching some rays.<img src="https://photo-assets.superyachttimes.com/photo/310561/image/large-9112c5b75d46a26c32d3fec62cf159a3.png" data-gid="gid://syiq/Photo/310561"><img src="https://photo-assets.superyachttimes.com/photo/310562/image/large-33509122dc87f116712a96ffa72e5ab3.png" data-gid="gid://syiq/Photo/310562">In terms of her performance, the yacht <a data-gid="gid://syiq/Yacht/11467" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Living Life 324.71m (81'1&quot;)Ferretti Yachts2014">Living Life 3</a> for sale, which has a GRP hull and superstructure, is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that give her a cruising speed of 27 knots and a top speed of 30 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/310560/image/large-f4994d40b6e7750579d7f5b0e58c0c4a.png" data-gid="gid://syiq/Photo/310560"><img src="https://photo-assets.superyachttimes.com/photo/310559/image/large-4c31837ed1dd3d271793c507720904b7.png" data-gid="gid://syiq/Photo/310559">

25m Ferretti yacht Living Life 3 for sale

The 24.71-metre Ferretti motor yacht Living Life 3 is on the market with Wes Sanford of Northrop & Johnson.

25m Ferretti motor yacht Living Life 3 for sale

The 36.58-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> motor yacht <a data-gid="gid://syiq/Yacht/1610" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Papaito36.58m (120'0&quot;)Benetti SpA2007">Papaito</a> is currently on the market with <a data-gid="gid://syiq/Company/5636" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MMG Yachts (Company)">MMG Yachts</a>. We take a closer look at the luxuries and comforts offered onboard this <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Classic 37 yacht.<img src="https://photo-assets.superyachttimes.com/photo/304913/image/large-2a5ae5590181df9289e4d01c5588eb75.jpg" data-gid="gid://syiq/Photo/304913">Delivered in 2007 by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a>, formerly known as Believe, features an exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, along with interiors imagined 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> and naval architecture crafted in-house by her Italy-based builder.<img src="https://photo-assets.superyachttimes.com/photo/304912/image/large-5b01addccaef07c2622af610a65d9cea.jpg" data-gid="gid://syiq/Photo/304912"><a data-gid="gid://syiq/Yacht/1610" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Papaito36.58m (120'0&quot;)Benetti SpA2007">Papaito</a> benefitted from a thorough refit in 2017-2018, along with a more cosmetic refurbishment later in 2020. <img src="https://photo-assets.superyachttimes.com/photo/304904/image/large-5de91bd0d619b473be1aa97235a57951.jpg" data-gid="gid://syiq/Photo/304904">With a volume of 299 GT, a beam of 7.9-metres, and a draft of 1.95-metres, the vessel is capable of sleeping up to 12 guests onboard across a five stateroom configuration, while separate living quarters can accommodate as many as six crew members.<img src="https://photo-assets.superyachttimes.com/photo/304898/image/large-876a7ca846692112556f32a11031724a.jpg" data-gid="gid://syiq/Photo/304898">Regarding the <a href="https://www.superyachttimes.com/yachts/benetti/for-sale" rel="noopener noreferrer" target="_blank" title="">Benetti yacht for sale</a>’s accommodation, an on-deck master suite located forward on the main deck, two VIP staterooms, and two twin staterooms with pullmans, ensure an uncompromising standard of bliss for all guests during their stay.<img src="https://photo-assets.superyachttimes.com/photo/304896/image/large-0a413fbcf05be02dee6bef50f03d96e8.jpg" data-gid="gid://syiq/Photo/304896">Located forward on the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>’s main deck, the palatial master stateroom includes an ensuite bathroom, as well as breathtaking 180-degree views of the surrounding scenic waterscape.<img src="https://photo-assets.superyachttimes.com/photo/304895/image/large-15466470df798f2c2dbb66f485fbe4a5.jpg" data-gid="gid://syiq/Photo/304895"><img src="https://photo-assets.superyachttimes.com/photo/304897/image/large-4c99eff291649e460cd1e965b59d81c8.jpg" data-gid="gid://syiq/Photo/304897">Meanwhile, the remaining staterooms can be found below deck and all feature their own ensuite bathrooms, with the two twin VIP staterooms boasting queen beds, and the two twin staterooms, one of which can be converted into a sumptuous king-sized bed, alongside pullman beds<img src="https://photo-assets.superyachttimes.com/photo/304903/image/large-040cbf66feada5c5721e30d018d347fb.jpg" data-gid="gid://syiq/Photo/304903"><img src="https://photo-assets.superyachttimes.com/photo/304900/image/large-8f0c81fbde21ac03f1fc8634848bec7b.jpg" data-gid="gid://syiq/Photo/304900">All of these sleeping havens share a combination of crisp white-coloured linen, subtle wooden accents, and a myriad of windows with far-reaching views for an aura of classic sophistication throughout.<img src="https://photo-assets.superyachttimes.com/photo/304899/image/large-454eed06ea0651312d5d2d9033defeaa.jpg" data-gid="gid://syiq/Photo/304899">In terms of entertainment, guests can congregate in <a data-gid="gid://syiq/Yacht/1610" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Papaito36.58m (120'0&quot;)Benetti SpA2007">Papaito</a>’s convivial saloon, where an inviting grey leather L-shaped sofa accompanied by stylish cream-coloured armchairs and surrounding light wood finishes pave the way for a tranquil yet social living experience. <img src="https://photo-assets.superyachttimes.com/photo/304890/image/large-880c04eb26eb469209c36cba97bc723b.jpg" data-gid="gid://syiq/Photo/304890"><img src="https://photo-assets.superyachttimes.com/photo/304888/image/large-8cd18b0dff42d495066f0b5cb064c940.jpg" data-gid="gid://syiq/Photo/304888">Should guests want to get in touch with nature, they can simply take to the various deck spaces on offer, such as the sundeck complete with lounge furniture, a cosy Jacuzzi, bar, barbecue, and eight-person table. The persistent presence of a nautical shade of blue throughout the seating arrangements also serves as a reminder of the dreamy ocean backdrop.<img src="https://photo-assets.superyachttimes.com/photo/304887/image/large-ec69797e140fba502aa00c41fb456422.jpg" data-gid="gid://syiq/Photo/304887"><img src="https://photo-assets.superyachttimes.com/photo/304883/image/large-f98e45be88d9f6cc56a716c32ff59b21.jpg" data-gid="gid://syiq/Photo/304883"><img src="https://photo-assets.superyachttimes.com/photo/226471/image/large-2734301112d2e87dbe28b74803d58c52.png" data-gid="gid://syiq/Photo/226471">Besides indulging in succulent alfresco dining, those onboard can also top up on their tan thanks to a half-length fixed bimini top, that has the option to also offer sun protection. Furthermore, the flexible aft area is able to be shaded with removable sails if desired, so that guests can enjoy stargazing at night.<img src="https://photo-assets.superyachttimes.com/photo/304906/image/large-58b85130470efbfbdea760a6879bbe3a.jpg" data-gid="gid://syiq/Photo/304906">Performance-wise, the <a href="https://www.superyachttimes.com/yachts/papaito/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Papaito for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that propel her to a cruising speed of 12 knots alongside a top speed of 16 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/304910/image/large-9eadaa517c6d88dd4cb3fc22d91e101a.jpg" data-gid="gid://syiq/Photo/304910">

Onboard the 37m Benetti yacht Papaito for sale

We take a look at the luxuries offered onboard the 36.58-metre Benetti motor yacht Papaito, which is for sale with MMG Yachts. 


Onboard the 37m Benetti motor yacht Papaito for sale

Netherlands-based yacht builder <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> has announced that its flagship 23.9-metre <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 motor yacht is nearing completion. <img src="https://photo-assets.superyachttimes.com/photo/305968/image/large-6232afa7be4db0dc0229c3ea0a734880.jpg" data-gid="gid://syiq/Photo/305968">Built at the Groot Ammers-based shipyard near Rotterdam, the hull and deck of the yacht will soon be joined, with carpenters, fitters and finishers ready to transform the interior in line with the client’s wishes.<img src="https://photo-assets.superyachttimes.com/photo/310574/image/large-a21e9414df62882493e8bd2cd73213e1.jpg" data-gid="gid://syiq/Photo/310574"><img src="https://photo-assets.superyachttimes.com/photo/310571/image/large-46a3bd01f508717b3d8c27314951ef08.jpg" data-gid="gid://syiq/Photo/310571">Sold in January 2024, the <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 showcases a sleek exterior design by <a data-gid="gid://syiq/Company/43" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cor D. Rover Design (Company)">Cor D. Rover Design</a>, with a Porsche rhodium silver hull, white superstructure and contrasting orange and flag blue lines at her waterline.<img src="https://photo-assets.superyachttimes.com/photo/310568/image/large-cea50cf6986b5e7955188a62b222eab2.jpg" data-gid="gid://syiq/Photo/310568"><img src="https://photo-assets.superyachttimes.com/photo/310567/image/large-ccba8955f46fc1f81c3823e652720d24.jpg" data-gid="gid://syiq/Photo/310567">Expected to be delivered later this year in time for a new life on the French Riviera in July, the <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 yacht showcases similar features to the smaller models, while combining sleek minimalism with luxurious comfort.<img src="https://photo-assets.superyachttimes.com/photo/305993/image/large-320ed5fa1decf06fe7f9f2363607518f.jpg" data-gid="gid://syiq/Photo/305993"><img src="https://photo-assets.superyachttimes.com/photo/306004/image/large-eb2b26492bedc20386e7cab836d47fa8.jpg" data-gid="gid://syiq/Photo/306004">&nbsp;The first <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 yacht features a custom main deck saloon, with space for dining and lounging. The helm position also takes a privileged position in this layout, with total clarity of view through a mullion-free windscreen and hand-stitched leather seating.<img src="https://photo-assets.superyachttimes.com/photo/306003/image/large-ab08e17d3a698ddb80b1aafbe493b50a.jpg" data-gid="gid://syiq/Photo/306003"><img src="https://photo-assets.superyachttimes.com/photo/306002/image/large-281b340335afb9320207a0b737a71e28.jpg" data-gid="gid://syiq/Photo/306002">“We are so proud of the <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 project,” explained <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> founder Sietse Koopmans. “Born of a loyal client’s desire for a bigger yacht, the <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 succeeds in perpetuating the famous <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> aesthetic, while hugely increasing interior volumes.<img src="https://photo-assets.superyachttimes.com/photo/305985/image/large-a683a64c92bdfc506a6fad8047b57755.jpg" data-gid="gid://syiq/Photo/305985"><img src="https://photo-assets.superyachttimes.com/photo/306000/image/large-61df53f4ad08f7f5eb6965cd4e053a2f.jpg" data-gid="gid://syiq/Photo/306000">The <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 8 can accommodate up to six guests across her three sumptuous staterooms, with space for a crew of three. Each stateroom is adorned with chic, modern furnishings, alongside delicately ornamented wallpaper, to create an oasis of relaxation. <img src="https://photo-assets.superyachttimes.com/photo/305982/image/large-bee76ad24999ca988a39491622e04a91.jpg" data-gid="gid://syiq/Photo/305982">Her interior consists of a primarily white, cream, and rich ebony colour palette, alongside natural fabrics that evoke an aura of timeless elegance and sophistication, creating an inviting ambiance for guests.<img src="https://photo-assets.superyachttimes.com/photo/305969/image/large-299b914e911d80388377521b04f1acf8.jpg" data-gid="gid://syiq/Photo/305969">Regarding performance, the yacht features an innovative design, allowing her to operate at full speed without noise levels onboard ever reaching above the 72 dBa barrier. Therefore, while reaching top speeds the yacht will continue to provide a relaxing onboard experience.<img src="https://photo-assets.superyachttimes.com/photo/305967/image/large-85174cd915a951269d8d0718189f2823.jpg" data-gid="gid://syiq/Photo/305967">“This yacht will be able to reach 40 knots across the Golfe de la Napoule, while our obsessive use of advanced soundproofing means that you will always be able to hold a normal conversation – even at full throttle,” concluded Sietse Koopmans.<img src="https://photo-assets.superyachttimes.com/photo/299137/image/large-180d5dc0771997d08816d84e071301c4.jpg" data-gid="gid://syiq/Photo/299137">

Construction update: 24m Zeelander 8 yacht nears completion 

Netherlands-based yacht builder Zeelander has announced that its flagship 23.9-metre Zeelander 8 motor yacht is nearing completion. 

24m Flagship Zeelander 8 motor yacht nears completion

The Real Club Nautico de Palma’s PalmaVela regatta came to a close on Sunday 5 May, with <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> securing the win for a third consecutive year. The regatta is the first in the 2024 IMA Mediterranean Maxi Inshore Challenge.<img src="https://photo-assets.superyachttimes.com/photo/310543/image/large-f325aee121b2ee51a57dccb8638152d9.jpg" data-gid="gid://syiq/Photo/310543">For the last two editions of the PalmaVela, Chris Flowers and David M Leuschen’s <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycento</a> <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> has reigned as the winner, with a perfect performance at last year’s regatta by winning every race.&nbsp;Although she was the favourite to win, the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycentro</a> <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> put up a strong battle, and at the end of the second day they were tied. Saturday’s coastal race left <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> ahead with a slender one point advantage, but it was Sunday’s race that determined the winner. <img src="https://photo-assets.superyachttimes.com/photo/310550/image/large-50c5e71162506d370f408a7039f618f1.jpg" data-gid="gid://syiq/Photo/310550"><a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> took her second win of the regatta, leaving the two maxi yachts to end the event on level points. However, with her three bullets to <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>’s two, <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> prevailed on countback to claim the Maxi class for a third consecutive year.“Our third time winning PalmaVela - this is becoming one of our favourites!” commented David M Leuschen, who helmed <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> this week. “I didn’t get the practice day in because it was too windy, so the first day was my first day in the boat for seven or eight months. It was blowing in the low 20s and was quite sporty, but I enjoyed it very much.”<img src="https://photo-assets.superyachttimes.com/photo/310546/image/large-182b6ded3e36534460ffa482b85fbc76.jpg" data-gid="gid://syiq/Photo/310546">Both <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> and <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> received enhancements over the winter, with <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a> now equipped with two tonnes of water ballast that has allowed her to shed lead from her keel. She also upgraded her spinnaker retrieval system so her kite drops faster, while <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> has also become water ballasted and has been fitted with a lightweight tubular pivoting boom and a rope vang arrangement.“[<a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>] is going better with all the changes they’ve made,” explained <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a>’s tactician Kelvin Harrap. “With us – it is early stages. There are some times when we were better, but we just have to learn about the water ballast and when to use it.”<img src="https://photo-assets.superyachttimes.com/photo/310544/image/large-f852495a816c925805171848cd230c8f.jpg" data-gid="gid://syiq/Photo/310544">According to <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a> President Ken Read, all the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wallycentos</a> competing, including <a data-gid="gid://syiq/Yacht/4121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic Carpet 330.47m (99'12&quot;)Wally2013">Magic Carpet Cubed</a>, are now racing in a lightened mode with water ballast. <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> has also changed to elliptical rigging and a longer bowsprit in addition to her three tonnes of water ballast.Over the course of the four days, three of the five maxis won races under IRC corrected time. The Farr 100 <a data-gid="gid://syiq/Yacht/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard 330.0m (98'5&quot;)McConaghy Boats2007">Leopard 3</a> podiumed in both races on the opening day, but perhaps most remarkable was the mighty <a data-gid="gid://syiq/Yacht/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Svea43.6m (143'1&quot;)Vitters Shipyard2017">Svea</a>, which won Friday’s first windward-leeward.<img src="https://photo-assets.superyachttimes.com/photo/310545/image/large-1baecd7defd9c8010301f110089a1760.jpg" data-gid="gid://syiq/Photo/310545">“It was really good for us, even though it was apples and pears - [the other maxis] are 150 tonnes lighter than us, but we can still race against them. And it is good practice,” explained <a data-gid="gid://syiq/Yacht/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Svea43.6m (143'1&quot;)Vitters Shipyard2017">Svea</a> tactician Bouwe Bekking.Sven Wackerhagen’s <a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a> (ex. Tango) also came close to a win, with the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 80 yacht scoring 4-2 on the second day of windward-leewards and in the latter finished just six seconds astern of V under IRC corrected time.<img src="https://photo-assets.superyachttimes.com/photo/310549/image/large-a87fbd55f4dcd584e8a1992968afcaa9.jpg" data-gid="gid://syiq/Photo/310549">“We are getting to know the boat now - you can see where we need to improve,” commented <a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a>’s tactician Jesper Radich. “<a data-gid="gid://syiq/Yacht/7819" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rose23.99m (78'8&quot;)Wally2006">Rose</a> is good for her rating on windward-leewards but not so good reaching. Our owner is a good driver – he has been sailing all his life, but we are not at the level of the others in terms of our total package.”<img src="https://photo-assets.superyachttimes.com/photo/310548/image/large-64415ee461d146496d3237b65177407d.jpg" data-gid="gid://syiq/Photo/310548">During the prize giving ceremony, <a data-gid="gid://syiq/Yacht/5656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galateia30.48m (100'0&quot;)Green Marine2015">Galateia</a>’s David Leuschen was presented with the prize for the top IMA member.The 2024 IMA Mediterranean Maxi Inshore Challenge continues with the IMA Maxi European Championship in Sorrento, Italy from 20 to 23 May.

Galateia wins the PalmaVela regatta 2024 for a third time

The Real Club Nautico de Palma’s PalmaVela regatta came to a close on Sunday 5 May, with Galateia securing the win for a third consecutive year.

Galateia wins the PalmaVela regatta 2024 for a third consecutive year

According to Italian media outlets, Sebastiano Fanizza, Chief Commercial Officer of <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, has resigned from <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti Yachts</a>. At present, no official confirmation has been received from <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>.<img src="https://photo-assets.superyachttimes.com/photo/310579/image/large-13453b51529ea0d53de039ceb414b65e.png" data-gid="gid://syiq/Photo/310579">Sebastiano Fanizza began his professional journey in the automotive industry with Iveco before entering the luxury yacht sector with <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a>, where he held various positions. In 2016, he departed <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> to assume the role of Commercial and Business Development Director at <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, only to return to the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> in 2018 as the Chief Commercial Officer of <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti Yachts</a>.In 2016 he left <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> to serve as commercial and business development director for <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> and returned to the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> in 2018 as <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> COO.&nbsp;<a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> has reached out to <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> and will continue to monitor this situation.

Benetti CCO Sebastiano Fanizza reported to have resigned

According to Italian media outlets, Sebastiano Fanizza, Chief Commercial Officer of Benetti, has resigned from Benetti Yachts.

Benetti CCO Sebastiano Fanizza reportedly resigns

The 28.5-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> motor yacht <a data-gid="gid://syiq/Yacht/10264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charlie28.5m (93'6&quot;)Riva S.p.A.2021">Charlie</a> is for sale with Candy Li of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. Delivered in 2021, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features an exterior and interior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design (Mauro Micheli)</a>, along with naval architecture conceived in-house by her Italy-based builder.<img src="https://photo-assets.superyachttimes.com/photo/310537/image/large-85b27cd35aafa31ef9106b09fe91b10e.jpg" data-gid="gid://syiq/Photo/310537"><img src="https://photo-assets.superyachttimes.com/photo/310480/image/large-baf746144a0a1ecdc24d57751d6d4685.png" data-gid="gid://syiq/Photo/310480">Across a volume of 149 GT, the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 90 Argo yacht is capable of hosting as many as eight guests onboard across an opulent four stateroom configuration. In addition, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> provides separate accommodation for up to four crew members, including her captain. <img src="https://photo-assets.superyachttimes.com/photo/310474/image/large-10baf0c7baddedd6dc8110873c9aae81.png" data-gid="gid://syiq/Photo/310474">Inside her sharply sleek exterior profile, the <a href="https://www.superyachttimes.com/yachts/charlie-29m/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Charlie for sale</a> boasts luxurious interiors with a timelessly neutral colour palette of muted greys, ecrus, and browns. <img src="https://photo-assets.superyachttimes.com/photo/310477/image/large-40c2698098737b5ad232c0dc1445ef9a.png" data-gid="gid://syiq/Photo/310477">Not only is her sumptuous saloon flanked by generous windows and therefore panoramic scenery, but pale furnishings combined with a glossy white dining table give the social space an even more aerial and luminous quality.<img src="https://photo-assets.superyachttimes.com/photo/310476/image/large-d2dc607d2f104e1f2852b53fcc95b885.png" data-gid="gid://syiq/Photo/310476">Meanwhile, her well-appointed staterooms contain a similarly large window arrangement, flooding each sleeping oasis with natural light, which guests can enjoy from the plush, monochromatic bedding complete with stylish velvet-textured cushions.<img src="https://photo-assets.superyachttimes.com/photo/310475/image/large-b8ddebce9808637e5c0edda3a13d1aef.png" data-gid="gid://syiq/Photo/310475"><img src="https://photo-assets.superyachttimes.com/photo/310473/image/large-b658ef2399e44049c047cdb3143b5a16.png" data-gid="gid://syiq/Photo/310473">Moreover, the lightly-used <a href="https://www.superyachttimes.com/yachts/riva-spa/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">Riva yacht for sale</a>’s exterior deck areas include further opportunities for relaxation, primarily in the form of two cushy sofas with a table for alfresco dining, an expansive sit up bar, and black lounge chairs ideal for catching some rays.<img src="https://photo-assets.superyachttimes.com/photo/310478/image/large-dd338c60ee879c017d2f8069fec11bdb.png" data-gid="gid://syiq/Photo/310478"><img src="https://photo-assets.superyachttimes.com/photo/310470/image/large-302a1ad67f10304844243544aea37c71.png" data-gid="gid://syiq/Photo/310470"> <img src="https://photo-assets.superyachttimes.com/photo/310538/image/large-c644744b86db86774254cc3060f3a5ce.jpg" data-gid="gid://syiq/Photo/310538">Where her performance is concerned, <a data-gid="gid://syiq/Yacht/10264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charlie28.5m (93'6&quot;)Riva S.p.A.2021">Charlie</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that propel her to a cruising speed of 25 knots along with a top speed of 32 knots. Guests are also promised a smooth sailing experience onboard, thanks to the vessel’s mega stabilisation.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/310479/image/large-2751f86be629c3c91d5be9b6be80064d.png" data-gid="gid://syiq/Photo/310479">

29m Riva yacht Charlie on the market

The 28.5-metre Riva motor yacht Charlie is for sale with Candy Li of Fraser. 

29m Riva motor yacht Charlie on the market

The 40.2-metre <a data-gid="gid://syiq/Company/610" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northcoast Yachts (Company)">Northcoast</a> superyacht <a data-gid="gid://syiq/Yacht/2154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Dreams40.2m (131'11&quot;)Northcoast Yachts1995">Sea Dreams</a> sold in a deal with David Johnson of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> representing both the buyer and seller during negotiations.<img src="https://photo-assets.superyachttimes.com/photo/302561/image/large-ab11d25ed6ffa32740d0e19137c2fb3f.png" data-gid="gid://syiq/Photo/302561">Delivered in 1995, <a data-gid="gid://syiq/Yacht/2154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Dreams40.2m (131'11&quot;)Northcoast Yachts1995">Sea Dreams</a> has benefitted from several refits over the years, with her most recent in 2021. She features exterior design by <a data-gid="gid://syiq/Company/610" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northcoast Yachts (Company)">Northcoast Yachts</a>, with interior design by <a data-gid="gid://syiq/Company/612" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Robin Rose & Associates (Company)">Robin Rose &amp; Associates</a> and <a data-gid="gid://syiq/Company/841" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pokela Design (Company)">Pokela Design</a> and naval architecture by <a data-gid="gid://syiq/Company/218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Sarin Naval Architects, Inc. (Company)">Jack Sarin Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/302565/image/large-0631f1c9ef74ed6bc7506aff0834430d.png" data-gid="gid://syiq/Photo/302565"><img src="https://photo-assets.superyachttimes.com/photo/302568/image/large-83d5b919d531dcde6a587f838711ef73.png" data-gid="gid://syiq/Photo/302568"><img src="https://photo-assets.superyachttimes.com/photo/302570/image/large-319baf8ce40a7c9a525e536664633391.png" data-gid="gid://syiq/Photo/302570"><img src="https://photo-assets.superyachttimes.com/photo/302571/image/large-a5f741c41416fad0190d592a1620d279.png" data-gid="gid://syiq/Photo/302571"><img src="https://photo-assets.superyachttimes.com/photo/302576/image/large-0892f3c9c5f0006f0beead2fdfa2ee28.png" data-gid="gid://syiq/Photo/302576"><a data-gid="gid://syiq/Yacht/2154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Dreams40.2m (131'11&quot;)Northcoast Yachts1995">Sea Dreams</a> can comfortably accommodate up to 10 guests across a five stateroom, with her interior showcasing a colour palette of strikingly rich blues, greens, and purples, alongside sumptuous fabrics.<img src="https://photo-assets.superyachttimes.com/photo/302562/image/large-92ba3b012722ba816d84378c6975b536.png" data-gid="gid://syiq/Photo/302562"> <img src="https://photo-assets.superyachttimes.com/photo/302585/image/large-324e2b090a99cf39e24cbb34a479f410.png" data-gid="gid://syiq/Photo/302585">In terms of guest entertainment, those onboard <a data-gid="gid://syiq/Yacht/2154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Dreams40.2m (131'11&quot;)Northcoast Yachts1995">Sea Dreams</a> can benefit from relaxing in her lavish sundeck Jacuzzi, socialising in her formal dining area, or indulging in her array of watersports equipment. <img src="https://photo-assets.superyachttimes.com/photo/302583/image/large-ef142c0fb423c0d61ce363bbf3bc19b3.png" data-gid="gid://syiq/Photo/302583"><img src="https://photo-assets.superyachttimes.com/photo/302586/image/large-02edda7710f6a6d7683806db715d2d3d.png" data-gid="gid://syiq/Photo/302586"><img src="https://photo-assets.superyachttimes.com/photo/302563/image/large-ea8e913127a085cd09de3451e74a1177.png" data-gid="gid://syiq/Photo/302563">Performance-wise, <a data-gid="gid://syiq/Yacht/2154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Dreams40.2m (131'11&quot;)Northcoast Yachts1995">Sea Dreams</a> is equipped with twin <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engines, powering her to a top speed of 20 knots and a comfortable cruising speed of 12.5 knots. Located in Palm Beach, Florida, <a data-gid="gid://syiq/Yacht/2154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Dreams40.2m (131'11&quot;)Northcoast Yachts1995">Sea Dreams</a> had a last known asking price of $5,900,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/302560/image/large-6e25ad008363f701ce503af458f4854a.png" data-gid="gid://syiq/Photo/302560">

40m Northcoast superyacht Sea Dreams sold

The 40.2-metre Northcoast superyacht Sea Dreams sold, with a last known asking price of $5,900,000.

40m Northcoast superyacht Sea Dreams sold in-house

<img src="https://photo-assets.superyachttimes.com/photo/310525/image/large-137cd53e800e56b9664ffad7b6fc93d9.jpg" data-gid="gid://syiq/Photo/310525">Spotted yesterday docked here in the port of Bizerte, in northern Tunisia, was the 63-metre superyacht <a data-gid="gid://syiq/Yacht/371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oasis63.0m (206'8&quot;)Lürssen Yachts2006">Oasis</a>. Delivered in 2006 by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, the motor yacht underwent a six-month refit last summer. Conducted by <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> in Livorno, the refit involved a structural extension of three-metres, with an enhancement of the beach club to offer more space for guest activities. The original design of <a data-gid="gid://syiq/Yacht/371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oasis63.0m (206'8&quot;)Lürssen Yachts2006">Oasis</a> was created by <a data-gid="gid://syiq/Company/42" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Glade Johnson Design, Inc. (Company)">Glade Johnson Design</a>, covering both her exterior and interior, while <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> contributed to the interior design during her refit. In terms of performance, <a data-gid="gid://syiq/Yacht/371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oasis63.0m (206'8&quot;)Lürssen Yachts2006">Oasis</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> 3512B engines, allowing her to reach a top speed of 16 knots and a cruising speed of 12 knots, with a maximum range of 5,000 nautical miles at cruising speed.

63m Lürssen superyacht Oasis in Tunisia

The 63-metre superyacht Oasis, built in 2006 by Lürssen, is seen docked in the port of Bizerte, Tunisia. 

The 118.8-metre flagship <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> superyacht has been launched from the Amsterdam facility in the Netherlands, with the SuperYacht Times team in attendance. <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Project 821</a> is currently being offered for sale by <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>.<img src="https://photo-assets.superyachttimes.com/photo/310506/image/large-82515a3782241557640e11bf0fde27a2.jpg" data-gid="gid://syiq/Photo/310506">The steel and aluminium superyacht is the largest yacht to be built by <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, and the world’s first hydrogen fuel-cell superyacht. Construction began on <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Project 821</a> in 2019, with the secretive yacht spotted in transit to her final build hall in April 2022.&nbsp;Video: <a data-gid="gid://syiq/Article/55046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Feadship's largest ever superyacht 119m Project 821 moves to outfitting (2022-04-28 17:00:00 +0200)">Feadship's largest ever superyacht 119m Project 821 moves to outfitting<img src="https://photo-assets.superyachttimes.com/photo/310501/image/large-4ca33d9b7cda3f37bc4b0b3706101f68.jpg" data-gid="gid://syiq/Photo/310501"></a>The <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> yacht has been designed by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, which were responsible for her exterior and interior décor, with owners representation by <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. She now takes the spot as the largest motor yacht launched in the Netherlands, just edging out the recently delivered 118-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 1010 superyacht <a data-gid="gid://syiq/Yacht/7313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Launchpad118.0m (387'2&quot;)Feadship2024">Launchpad</a>.&nbsp;“<a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> are immensely proud to have been involved in such a forward thinking project, as a collaboration alongside <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. We hope it inspires other projects to think differently in the future,” added Charlie Baker, Director of <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. <iframe width="640" height="360" src="https://player.vimeo.com/video/942712280?share=copy" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> &nbsp;<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Project 821</a> is the first <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yacht to be powered by a pure green hydrogen fuel source. She is the result of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s continued company pledge to develop "net zero" yachts by 2030.<img src="https://photo-assets.superyachttimes.com/photo/310520/image/large-4f9f4579f7147321cf91fd7d3eeb86ce.jpg" data-gid="gid://syiq/Photo/310520"><img src="https://photo-assets.superyachttimes.com/photo/310508/image/large-2e4371e49de686d48200b8480d1fdf31.jpg" data-gid="gid://syiq/Photo/310508">"The aim has been to develop a new, clean technology not just for this project, but for the world," said Jan-Bart Verkuyl, Feadship Director and CEO of the Royal Van Lent Shipyard.<img src="https://photo-assets.superyachttimes.com/photo/310488/image/large-3cdd95bea17868590520a3f07b1d6b8d.jpg" data-gid="gid://syiq/Photo/310488">There were no regulations for hydrogen storage and fuel-cell systems at class, flag-state or even IMO level, which led <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> and <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyd's Register</a> to develop appropriately scaled equipment, protocols and safety regulations simultaneously.&nbsp;"The value of the research as well the development of class and flag safety regulations for an entirely new type of energy generation is an advancement we are proud to have made available to all," added Jan-Bart Verkuyl. “Next year, for example, two long-route Norwegian passenger and car ferries will enter into service utilising the system pioneered with PowerCell Group for <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Project 821</a>.”<img src="https://photo-assets.superyachttimes.com/photo/310487/image/large-43c5b55353aa5f083f407d81f0d21e84.jpg" data-gid="gid://syiq/Photo/310487"><a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> is characterised by a five-deck configuration above the waterline and two below, with her owners' deck sitting 37-metres above water. She also has the most hull openings of any <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> to-date, including 14 slide-out balconies, five massive shell doors, and seven large opening platforms, all of which increase her connection to the sea.Her balconies are unnoticeable when closed but slide out at the touch of a button, carrying with them their side railings or walls. When fully deployed, their floors rise to become perfectly level with the interior room.<img src="https://photo-assets.superyachttimes.com/photo/310513/image/large-4bfde1fcb7c4a135bbb1817bd6bbe33e.jpg" data-gid="gid://syiq/Photo/310513"><img src="https://photo-assets.superyachttimes.com/photo/310490/image/large-d068f1ecfdd315e14732de05f6750362.jpg" data-gid="gid://syiq/Photo/310490">The flagship <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> yacht has been designed for family use, with her owner’s deck situated above the bridge deck. The apartment style suite consists of two staterooms, twin bathrooms and dressing rooms, a gym, a pantry, two offices each with a fireplace, and a lounge area.&nbsp;There are twelve guest staterooms in total, making a total possible accommodation for thirty in the owner's party, although the eight guest staterooms on the main deck level combine into four exceptional VIPs. There are also two staff cabins, a dedicated hospital and accommodation for 44 crew.<img src="https://photo-assets.superyachttimes.com/photo/310512/image/large-eef6647aba42d1e931f9307e1aa66e3e.jpg" data-gid="gid://syiq/Photo/310512"><a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> boasts an impressive 19-metre beam, which allows for wide corridors inside, and spacious sidedecks outside, meaning guests are able to walk side-by-side. Her owner’s deck also includes a &nbsp;full walkaround deck, with shaded areas forward and aft, as well as a forward Jacuzzi.<img src="https://photo-assets.superyachttimes.com/photo/310489/image/large-91e090dac1a85d039b84ea410ec3eec7.jpg" data-gid="gid://syiq/Photo/310489">The owner’s accommodation also extends to the lower deck, with the addition of a unique and completely private vertical corridor, which includes a spacious staircase lined with bookshelves and display nooks and an owners' elevator.<img src="https://photo-assets.superyachttimes.com/photo/310507/image/large-92589c556152b2405b5adbc5c3be75a2.jpg" data-gid="gid://syiq/Photo/310507">Other unique locations onboard include a coffee corner and games niche on the bridge deck, a library on the main deck, and a private dining room with a sea terrace and adjacent ensuite stateroom on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/310491/image/large-5c75f7dd3b7767e9c245899061620d0a.jpg" data-gid="gid://syiq/Photo/310491">UK-based design studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> used a palette of light neutral colours throughout, with the addition of textured fabrics and leathers, marble, rattan, fumed and taupe eucalyptus and limed oak. The overall design creates the feeling of a luxe coastal vibe, with details such as door trim and hallway railings repeating across each deck in various materials.<img src="https://photo-assets.superyachttimes.com/photo/310519/image/large-d9acd8114706f2b79931e9c0f37038bf.jpg" data-gid="gid://syiq/Photo/310519">The exterior of the <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> superyacht is characterised by a large beach club to the aft of the vessel with sweeping companionways leading down to her expansive swim platform.<img src="https://photo-assets.superyachttimes.com/photo/310517/image/large-d646b3a8d949d2cc9bc8bca46407cbb1.jpg" data-gid="gid://syiq/Photo/310517">One of the biggest problems the team faced in building <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> would be developing a reasonable way to store compressed liquid hydrogen below deck at -253°C. <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> invested in technology to make the transition away from fossil fuels, as when hydrogen is processed in a fuel cell, the only by-products are electricity and water in the form of steam.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/310514/image/large-7928e6e601c8c856e4d7a763693038b3.jpg" data-gid="gid://syiq/Photo/310514">To safely store hydrogen on a yacht, a vessel requires a double-walled cryogenic storage tank, which acts as a well-insulated cooling box in a dedicated room. Together, it takes eight to ten times more space to store hydrogen than the energy equivalent in diesel fuel.<img src="https://photo-assets.superyachttimes.com/photo/310493/image/large-c5c672622c4ef9da478ddfa5b83a6e70.jpg" data-gid="gid://syiq/Photo/310493">In total, the cryogenic fuel tank onboard <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Feadship 821</a> is capable of holding 92 square-metres of hydrogen. Paired with their switchboard connection to the DC electrical grid, and the vent stacks for the escaping water vapour, this added an additional four-metres to the yacht’s original specifications.<img src="https://photo-assets.superyachttimes.com/photo/310511/image/large-b0e5320ca135042f5d29eb260a8e9a32.jpg" data-gid="gid://syiq/Photo/310511">Importantly, the fuel cells developed for <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Project 821</a> can also use easier-to-store methanol, a liquid fuel in ambient conditions. Steam reforms methanol into hydrogen before the electrochemical reaction in the fuel cell."We have now shown that cryogenic storage of liquified hydrogen in the interior of a superyacht is a viable solution. Future innovations on fuel cells and onboard reforming of methanol to hydrogen are on the near horizon,” added &nbsp;Jan-Bart Verkuyl.<img src="https://photo-assets.superyachttimes.com/photo/310502/image/large-9823c6953ee01488b6c998c778fa97cd.jpg" data-gid="gid://syiq/Photo/310502">“For <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, the bottom line is that the decarbonisation of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>'s upstream process, such as our extensive use of aluminium produced in a more environmentally sensitive way and the production of net-zero carbon-free fuels or hydrogen carriers deserves utmost priority."According to the Yacht Environmental Transparency Index (YETI), 70-78 percent of a yacht's total energy use per year is to supply its hotel load, with heating and air conditioning making the largest demands. Although Project 821 cannot carry enough liquid hydrogen to power a crossing, it can generate enough electricity to serve her hotel load.<img src="https://photo-assets.superyachttimes.com/photo/310497/image/large-a70bb9735da9eb1288b389d185e448e5.jpg" data-gid="gid://syiq/Photo/310497">For longer travels or when pure hydrogen is not available, the electricity powering the 3,200 kW ABB pod drives comes from <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> generators combusting HVO (Hydro-treated vegetable oil). The validity of powering the yacht's generators with HVO was tested and proven on the 2023 <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, <a data-gid="gid://syiq/Yacht/10316" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Obsidian84.2m (276'3&quot;)Feadship2023">Obsidian</a>.&nbsp;In terms of storing energy, <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship 821118.8m (389'9&quot;)Feadship2024">Project 821</a> stores a mere 543 kW hours, as her fuel cell technology can provide an entire week's worth of silent operation at anchor or navigating emission-free at 10 knots.<img src="https://photo-assets.superyachttimes.com/photo/310500/image/large-002417c095946baf0a990ed9a7c51799.jpg" data-gid="gid://syiq/Photo/310500">She features <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s most efficient waste heat recovery system, which is capable of heating her pool, Jacuzzi and steam room, as well as the air temperature, towel bars and floors in the guest bathrooms. Further savings in the hotel load will come from a Smart AC system linking sensors to an energy management system that automatically reduces air conditioning or heating in unoccupied guest spaces. <img src="https://photo-assets.superyachttimes.com/photo/310505/image/large-ed3f8ce69019dd3f46812ece8704b66c.jpg" data-gid="gid://syiq/Photo/310505">"The brief was to build the greenest and most environmentally advanced yacht ever built, without compromise,” commented Jamie Edmiston, Chief Executive of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. “It was a huge challenge, but one that the team has embraced and delivered on. The yacht we see today, designed by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> and built by <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> is without doubt the best yacht ever built. I am proud to have been involved since the inception of this idea.”<img src="https://photo-assets.superyachttimes.com/photo/310504/image/large-16a9a01c942a67de3987a9737c3ae32a.jpg" data-gid="gid://syiq/Photo/310504">According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> currently has several yachts in-build including the 100-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>&nbsp;824 and the 91.8-metre hybrid-electric superyacht <a data-gid="gid://syiq/Article/60202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="In Pictures: 92m Hybrid Electric Feadship 1012 superyacht launched (2024-04-17 16:45:00 +0200)">Feadship 1012, which was launched last month</a>.<img src="https://photo-assets.superyachttimes.com/photo/310501/image/large-4ca33d9b7cda3f37bc4b0b3706101f68.jpg" data-gid="gid://syiq/Photo/310501">

119m Feadship 821 fuel cell yacht launched and for sale

The 119m flagship Feadship 821 superyacht has been launched with the SuperYacht Times team in attendance. She is currently for sale with Edmiston.

Feadship 821: 119m hydrogen fuel-cell yacht launched

The 30.2-metre <a data-gid="gid://syiq/Company/636" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Rizzardi (Company)">Cantieri Navali Rizzardi</a> motor yacht <a data-gid="gid://syiq/Yacht/4188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Why30.2m (99'1&quot;)Cantieri Navali Rizzardi2005">Why</a> has run aground on the beach in Spetses town in Greece. The incident occurred following a period of strong winds over the past few hours. According to protothema.gr the captain attempted to leave the highly exposed main town pier and was blown onto the beach, no one was injured during the incident.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/310524/image/large-9f3f30314647ad03f48f6f0519895d6e.jpg" data-gid="gid://syiq/Photo/310524"><img src="https://photo-assets.superyachttimes.com/photo/310523/image/large-04c3c931dcf147437b7e581adaf69379.jpg" data-gid="gid://syiq/Photo/310523"> <iframe width="640" height="360" src="https://www.youtube.com/embed/oHWGeD65ivs?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> According to local reports, a floating crane has now arrived to remove the yacht from the beach and take her to a shipyard for repairs. Efforts to protect the yacht from further damage were made additionally complicated by the continued winds. Videos taken by local witnesses show that the bow has been damaged in the incident, as the yacht was pushed against the stone pier and according to reports, the yacht has been taking on water, which is now being pumped with assistance from the Coast Guard.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/310522/image/large-cdca8a1d4e610b4bcdbb30df4fbb9b0c.jpg" data-gid="gid://syiq/Photo/310522"><img src="https://photo-assets.superyachttimes.com/photo/310521/image/large-021a0cc55a9326cec9fcf5e37373de83.jpg" data-gid="gid://syiq/Photo/310521"> <iframe width="640" height="360" src="https://www.youtube.com/embed/9453_FcFbfA?&amp;t=10s&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> Following the yacht running aground, there was quick assistance from the Coast Guard vice Captain Panagiotis Maridakis and the mayor of the island, Eugenia Frangia. Following the yacht's removal, a diver will be inspecting the reef to review any potential damage caused.&nbsp;<a data-gid="gid://syiq/Yacht/4188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Why30.2m (99'1&quot;)Cantieri Navali Rizzardi2005">Why</a> was delivered by the Italian builder in 2005, she features exterior design from <a data-gid="gid://syiq/Company/436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeazzi Design (Company)">Galeazzi Design</a> and interiors from <a data-gid="gid://syiq/Company/92" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Michela Reverberi (Company)">Michela Reverberi</a>.<img src="https://photo-assets.superyachttimes.com/photo/230050/image/large-a39229e7cce064c735a6dcf2da389fe4.jpeg" data-gid="gid://syiq/Photo/230050">

30m yacht Why aground in Spetses

The 30m Cantieri Navali Rizzardi has run aground on the beach in Spetses.