<a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> has announced a strategic partnership with Italian shipyard <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a> to develop the first range of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Yachts</a>. The first model from the partnership is scheduled to make its world debut at the upcoming 2026 <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, with a second premiere already planned for the 2027 edition.<img src="https://photo-assets.superyachttimes.com/photo/399407/image/large-769cb7a03cf589f2f9457025b6024c6d.png" data-gid="gid://syiq/Photo/399407">The collaboration will combine <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' design philosophy with <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>' expertise in yacht construction. Furthermore, the partnership expands <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a>'s portfolio, adding a luxury yacht range alongside the brand's existing collaborations with <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>. Meanwhile, for <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, the agreement brings together the Italian builder's expertise in performance-focused yacht engineering with <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' signature "One-Second-Wow" design approach."We continue the journey of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a> alongside our partners <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, this collaboration opens up a completely new dimension for us –– bringing together our design, our love for bold design, individuality and detail with the incredible expertise of <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>," said CEO and owner of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>, Constantin Buschmann.<a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, which joined <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a> following its creation in 2025, specialises in motor yachts ranging from the entry level AB 80 to the AB 130. The shipyard is recognised for its aerospace-derived construction techniques, waterjet propulsion systems and advanced trim control technology, enabling top speeds of up to 60 knots.Deputy Chairman of <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a>, Giorgio Mattei, concluded: "From our very first meeting, we recognized in <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> the same relentless passion for innovation, performance and bold design that defines <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>. Together, we are creating something truly distinctive: an innovative co-designed product that we believe will leave a lasting mark on the yachting industry."

Brabus and AB Yachts announce strategic partnership to create Brabus Yachts

Brabus AB Yachts collaboration teaser

original

small

medium

large

extra_large

Brabus and AB Yachts announced strategic partnership to create first range of Brabus Yachts.

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

Kongsberg Maritime acquires Berg Propulsion

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

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has announced the acquisition of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a>, further expanding the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco Group</a>'s capabilities across the design and construction of custom yachts.<img src="https://photo-assets.superyachttimes.com/photo/367145/image/large-c0719da09522b0d017fe2fd0a04968e9.png" data-gid="gid://syiq/Photo/367145" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Founded in 1956 and headquartered in Assen, the Netherlands, <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> is a manufacturer of custom-made and standardised marine solutions for the superyacht, commercial shipping and offshore sectors.&nbsp;Employing around 150 people in facilities in the Netherlands and Vietnam, the company specialises in products including tank vent check valves, manually operated doors and hatches, watertight sliding doors, hull doors and exclusive yacht equipment. According to <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, the acquisition expands the Group's technical capabilities and strengthens collaboration alongside its existing companies, <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a>, <a data-gid="gid://syiq/Company/5546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aluship (Company)">Aluship</a>, <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral</a> and <a data-gid="gid://syiq/Company/8351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mercury Yacht Construction (Company)">Mercury</a>. <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> will continue operating with its existing team and strategic direction while serving current and new clients.<img src="https://photo-assets.superyachttimes.com/photo/392202/image/large-6ad65147c55f711bd849cd4f59de3b88.jpg" data-gid="gid://syiq/Photo/392202">The relationship between <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> dates back to the late 1990s, when the companies first collaborated on lifting equipment for the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/8" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Mirqab133.0m (436'4&quot;)Peters Werft GmbH2008">Al Mirqab</a>. More recently, <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> developed the adjustable hinge on the hull doors of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> that remain horizontal to the deck to account for varying sea conditions.Read:&nbsp;<a data-gid="gid://syiq/Article/65976" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of 111m Oceanco yacht Leviathan unveiled (2026-04-30 08:45:00 +0200)">Interiors of 111m Oceanco yacht Leviathan unveiled</a>Commenting on the acquisition, CEO of <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, Marcel Onkenhout, said: "Together with Gabe Newell, we are building the yachts of the future. With the addition of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> to the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco Group</a>, we can continue working on new innovations in the field of one of the most complex components of an <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht."CEO of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a>, Ake van der Vinne, added : "Our doors and hatches are known for their reliability under the harshest conditions, and the same applies to our relationship with <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. Together with the other partners within the Group, we will develop groundbreaking solutions for the maritime industry."

Oceanco acquires Dutch marine specialist Winel

Oceanco has acquired Dutch marine specialist Winel,  aiding the Group's growing portfolio of maritime companies.




<a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> has entered into an agreement to sell <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC Capital Partners</a> VII’s stake in <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, an international marina operator, to <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia Capital Partners</a>, a European private equity firm focused on infrastructure investment. According to the Financial Times, the deal is expected to exceed €1 billion.&nbsp;<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> operates 28 marinas across nine countries, with more than 14,300 berths, including over 1,000 dedicated superyacht berths. The company also manages 12 professional boatyards, which service more than 2,500 yachts each year, and serves more than 50,000 customers annually.<img src="https://photo-assets.superyachttimes.com/photo/110558/image/large-403fc9f2dcd20d41f4c8e5db4c36cdb1.jpg" data-gid="gid://syiq/Photo/110558"><a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> acquired <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>’s international assets from Turkish conglomerate Doğuş Group in 2020, taking ownership of the company’s Greek, Croatian and UAE operations. The Turkish assets remained under Doğuş Group ownership, although they continued to be managed by <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>.Under <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a>’s ownership, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> expanded beyond its traditional markets of Turkey, Croatia, Greece and the UAE into Spain, Italy, France, Malta and Albania.&nbsp;István Szőke , Managing partner at <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> said the investment had supported <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>’s development from “a hidden gem” into what he described as a market leader in premium marinas across Europe and the wider EMEA region. He added: “We expanded significantly across the Mediterranean, built the sector's most digitally advanced platform, and created a business with unmatched scale, customer experience and operational excellence.”Oliver Dörschuck, CEO of <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, said: "<a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a> has consistently demonstrated clear alignment with <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>'s customer-first philosophy and our purpose of enriching the yachting experience, and we are well positioned together to accelerate the next phase of our growth. Our partnership with <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> has been instrumental in shaping <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> into the business it is today and the strong foundation they helped build is what powers our next chapter."<img src="https://photo-assets.superyachttimes.com/photo/110555/image/large-716cf2cb0ea6417dc00080d9b9bc1783.jpg" data-gid="gid://syiq/Photo/110555">Vincent Levita, CEO of <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a>, said: “We are delighted to support <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> in this new chapter alongside its management team. The company has become a leading premium marina platform across the Mediterranean, with a strong brand, high-quality assets and a customer-first culture. This transaction is a strong fit with InfraVia’s infrastructure investment thesis and is fully aligned with InfraVia’s ambition to partner with outstanding management teams and back resilient European platforms where long-term capital can support continued growth, transformation and institutionalisation.”<img src="https://photo-assets.superyachttimes.com/photo/110552/image/large-883c6b37658ea2e5b3e65c3a13d42b87.jpg" data-gid="gid://syiq/Photo/110552"><a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> was advised by Goldman Sachs as exclusive financial adviser and Clifford Chance as legal adviser. <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a> was advised by Morgan Stanley as exclusive financial adviser and White &amp; Case as legal adviser.

CVC to sell D-Marin to InfraVia Capital Partners

CVC has entered into an agreement to sell CVC Capital Partners VII’s stake in D-Marin to InfraVia Capital Partners.

home-featured-hero#0

CVC to sell D-Marin to InfraVia Capital Partners for over €1 billion

<a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> has acquired a strategic equity stake in South of France-based yachting brokerage and management company <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>.The move aligns with <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a>'s continued development in providing services across private aviation, yachting, lifestyle and bespoke client support for an international clientele. Both companies have noted that this milestone builds on several years of close collaboration, founded on shared standards, mutual trust and a common understanding of client expectations.<img src="https://photo-assets.superyachttimes.com/photo/398542/image/large-fc3a3e0aa8d40c25fa60709314b387c2.png" data-gid="gid://syiq/Photo/398542">Founded in 2009, <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> specialises in yacht sales and purchase, charter, yacht management and consultancy services. Headquartered in Nice, the company also operates through a network of international offices across Europe and Asia. Under the new structure, the company will continue to operate under its established identity, with founder Nicolas Valin remaining as CEO.According to <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a>, the move reflects the growing demand from private clients, yacht owners and family offices seeking a single trusted partner capable of supporting their aviation, yachting, lifestyle, travel and property requirements through an integrated service offering.Clients of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> will continue to benefit from their existing relationships while gaining access to Sparfell Group's wider international ecosystem and complementary services.Commenting on the announcement, <a data-gid="gid://syiq/Person/623" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nicolas Valin, France (Person)">Nicolas Valin</a>, Founder and CEO of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>, said: "This was a natural evolution for <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>. <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> and <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> have worked closely together for several years, and we share the same values."He continued: "Joining the <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> allows us to grow internationally while preserving the identity and service culture that define <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>."Moreover, Clément Lacoste, Managing Director of <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> Lifestyle added: "Many of our clients already trust Sparfell to support them across different aspects of their lives and assets, and yachting was a natural extension of that relationship. <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> was already a trusted partner, including for shared clients, so strengthening our collaboration was a logical next step."

 Neo Yachting joins Sparfell Group

 Neo Yachting has joined Sparfell Group following the aviation group taking an equity stake in the yachting brokerage. 


Sparfell Group acquires strategic equity stake in Neo Yachting

<a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a> has acquired a majority stake in <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>, one of the Mediterranean's leading superyacht marinas, marking a new phase of growth for the Barcelona-based facility.Headquartered in Monaco with a presence in Madrid and Luxembourg, the alternative investment firm is executing a long-term strategy to build and consolidate a network of premium marinas, with the Mediterranean as its primary market. <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>’s strategy aims to elevate operational excellence and quality of service in the industry. <img src="https://photo-assets.superyachttimes.com/photo/398467/image/large-1c6311f5f283007030dbde43a2c73cb9.jpg" data-gid="gid://syiq/Photo/398467" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">With continuity remaining a priority, the existing <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a> management team, led by General Manager Ignacio Erroz, will remain in place to oversee the marina's continued development.The acquisition follows <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>'s transformation since 2021, during which the marina has invested more than €20 million to expand its capacity for large vessels while strengthening its international standing and raising its quality, operational efficiency and sustainability standards.Situated in the heart of Barcelona, <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a> features 73 berths, including a 400-metre quay, one of the longest in the Mediterranean, alongside the capability to accommodate superyachts of up to 190 metres in length. With this, the marina has established itself as a key destination for some of the world's largest yachts.Commenting on the acquisition, Ignacio Erroz, General Manager of <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>, said: "The involvement of <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a> is a recognition of the work carried out by the whole team over recent years and gives us the means to continue growing, whilst maintaining the excellence that defines us."He added: "We are embarking on this new phase with the ambition of consolidating Barcelona's position as one of the world's leading centres for the sector."For <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>, the acquisition represents another step in its strategy of investing in premium marinas located in world-class nautical destinations, with a focus on long-term growth across the Mediterranean."It is rare to have the opportunity to invest in a truly irreplaceable asset: a unique location in the heart of Barcelona, an internationally renowned brand and an extraordinary team," said Marcos Pellejero Ibáñez, Managing Partner of <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>.

Mirazur Capital acquires majority stake in Marina Port Vell

Mirazur Capital  is now majority shareholder in Marina Port Vell, with the goal to expand network of premium marinas across the Mediterranean.


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

Ferretti Group denies The Italian Sea Group acquisition rumours

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

Norwegian yacht brokerage firm <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts AS</a> has announced that it will take over the operations of the <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent BV</a> yacht &amp; ship brokerage. The transition is set to take effect on 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396785/image/large-11656c5f35c638490d570c2a8263141e.jpg" data-gid="gid://syiq/Photo/396785">The move follows the decision of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> founder and Chief Executive Officer Marcel Borgmann to step back from the yachting industry after more than 35 years. Established in 2010, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> has grown into an internationally recognised brokerage network. The company provides sales, charter and advisory services to yacht owners and buyers through a network of brokers across multiple countries.Under the new arrangement, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent's</a> activities will continue under the ownership and management of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, led by Managing Director Rune Riktor. The company stated that the transition is intended to ensure continuity for clients and partners while preserving the values and reputation established by <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> over the past 16 years.“Marcel has created something truly remarkable," said Rune. "<a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> earned its reputation through hard work, expertise, and an unwavering focus on clients. We are honoured by the trust Marcel has placed in us and are committed to carrying forward the values, relationships, and high standards that have defined <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for so many years.”Rune is no stranger to the brokerage house, having worked with <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for several years as both an agent and partner. According to <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, this longstanding relationship will help maintain the level of service and international reach that clients have come to expect.“I am immensely proud of what we have achieved through <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>. It has been an incredible journey, made possible by our clients, partners, and colleagues around the world,” concluded Marcel. “I have every confidence that Rune and the team at <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a> will continue this journey with the same passion and dedication that have always been at the heart of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>.”Photo courtesy of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>.

Skippern Yachts takes over Sea Independent brokerage

Norwegian yacht brokerage firm Skippern Yachts AS has announced that it will take over the operations of the Sea Independent BV.

Skippern Yachts acquires Sea Independent brokerage operations

<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a> (IMM) has announced the acquisition of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">Atlantic Refit Center</a> (ARC) in La Rochelle, France. The shipyard is dedicated to the refit and repair of superyachts up to 150 metres in length.<img src="https://photo-assets.superyachttimes.com/photo/395123/image/large-b4dd49b5ee58da2c0bddbdcd499e313b.png" data-gid="gid://syiq/Photo/395123">With 130 in-house employees, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> operates across key Caribbean hubs including Puerto Rico, St Maarten, Guadeloupe and Grenada. The acquisition marks the company’s expansion into Europe, combining <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> refit expertise with <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> established facility and infrastructure.“Returning to Europe is a defining step for <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>,” said <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> CEO Norina Edelman. “Marrying the strength of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> existing infrastructure with <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM's</a> spirit and values will create a unique client experience in terms of flexibility, quality and transparency. We are excited to operate a European shipyard that will allow us to give every client a bespoke experience.”<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> brings more than 20 years of experience, including projects such as the conversion of the 71.4-metre <a data-gid="gid://syiq/Yacht/4954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enigma XK71.4m (234'3&quot;)Richards Shipbuilders1988">Enigma XK</a>. Its location in La Rochelle is considered highly strategic, offering direct 24/7 access via the only deep-sea port on the French Atlantic coast.The facility provides extensive infrastructure for large-scale refit and conversion projects, including an 11-metre draft capability and a fully secured ISPS-compliant area. It features two dry docks (176-metres and-107 metres), a 250-tonne travel lift, cranes of up to 150 tonnes, 300-metres of afloat repair quays, and 2,000-square-metres of hard-standing space.<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Founder and COO Fabrice Maitre has more than 40 years of experience in yacht refit and repair, with projects including <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a>, <a data-gid="gid://syiq/Yacht/442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skat70.7m (231'11&quot;)Lürssen Yachts2002">Skat</a>, and <a data-gid="gid://syiq/Yacht/208" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kogo71.71m (235'3&quot;)Alstom (Aker Yards)2006">Kogo</a>. In 2007, he oversaw the extensive refit of Tatoosh in La Rochelle. This project was regarded as a milestone for the town’s emergence within the superyacht refit industry, according to <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>.<img src="https://photo-assets.superyachttimes.com/photo/395122/image/large-ae50f768748608ce23d4bd3776773ae6.png" data-gid="gid://syiq/Photo/395122">“In many ways, this expansion is a full-circle moment,” explained Fabrice Maitre. “France is where my career began, and the Tatoosh refit in La Rochelle was a significant step in both my career and superyacht refit generally. Establishing <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> presence here, with such a capable facility, allows us to bring our experience, standards, and approach back to a market we know deeply.”<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> positions itself as offering a boutique experience for every vessel. The company states that its team will oversee shipyard operations to ensure projects are delivered on schedule and to the highest standards of quality. Each client will benefit from robust planning, transparent workflows, and stringent quality control systems.“At <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a>, the entire shipyard is prepared and optimized for each client and refit project. Having a rich network of local contractors, as well as easy connectivity to Central Europe makes <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> particularly attractive, especially for yachts over 5,000 tonnes, for whom haul-out options on the market are very limited, especially in shipyards specializing in superyacht refit,” commented <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Global Director Víctor Pérez<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> outgoing President and Co-Founder Stephane Marcelli will remain involved in the company’s operations. He concluded: “The integration of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> into the <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> group brings exactly the kind of expertise and momentum the French Atlantic superyacht sector needs to further strengthen its position internationally."

International Marine Management acquires Atlantic Refit Center

 International Marine Management (IMM) has announced the acquisition of Atlantic Refit Center (ARC) in La Rochelle, France.

Lai Sun Development Company Limited is selling an initial 80 percent stake in leading superyacht services provider <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons International</a>, in a transaction valuing the business at €50 million.<img src="https://photo-assets.superyachttimes.com/photo/395214/image/large-c14a422e2246a71de936781ef03d2690.jpg" data-gid="gid://syiq/Photo/395214">The agreement, signed on 28 May 2026, sees the Hong Kong-listed group divest its majority interest for an initial consideration of €40 million, subject to customary post-completion adjustments. The valuation is based on approximately 12 times FY2025 EBITDA, with management EBITDA reported at around €4.1 million.<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons International</a>is a long-established player in the global superyacht industry, offering a full range of services including yacht and charter brokerage, yacht and charter management, new build and design supervision, insurance services, corporate support, and crew placement.The company's CEO Paolo Casani commented on this agreement: "<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> welcomes this investment as an important milestone in the company’s continued &nbsp;growth. The transaction reflects strong confidence in the brand, its global platform, and the expertise &nbsp;of its team. Working alongside our existing shareholders, Lai Sun Group, we look forward to this next &nbsp;chapter and to continuing to build on our strong foundations."The buyer, Wave Expandary Limited, will acquire the stake with a guarantee provided by Sea Expandary Limited. The seller retains the remaining interest in the business under a structured shareholders’ arrangement governing future ownership.Sea Expandary Limited is ultimately linked to a newly established yacht-focused industrial platform in China. The group is associated with an initiative led by JD.com founder Richard Liu Qiangdong. In February 2026, he announced the launch of an independent yacht brand under the “Sea Expandary” name, backed by an investment of approximately USD 700 million.Read: <a data-gid="gid://syiq/Article/65463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JD.com founder Richard Liu invests $700M to establish Sea Expandary yacht brand in China (2026-02-25 10:45:00 +0100)">JD.com founder Richard Liu invests $700M to establish Sea Expandary yacht brand in China</a>The venture is understood to span R&amp;D, manufacturing, sales, brokerage and after-sales services, with a focus on new-energy propulsion systems and broader yacht industry development in the Guangdong-Hong Kong-Macao Greater Bay Area."The company will continue to operate without disruption, maintaining full continuity across its &nbsp;leadership and suite of yachting services. Clients and partners can expect the same high standards of &nbsp;service and commitment that have long defined <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>," Paolo added.As part of the agreement, both parties have agreed put and call options over the remaining stake, exercisable from 31 December 2027. Each option is estimated at €9.135 million and is linked to the original transaction valuation.For the financial year ended 2025, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> generated revenue of HK$270.7 million and recorded a net profit after tax of HK$13.1 million. Upon completion, Lai Sun expects to recognise a gain of approximately HK$91-92 million, and the business will be deconsolidated from the group’s accounts.&nbsp;Completion remains subject to customary conditions, including shareholder approvals and regulatory clearances, with a long stop date set at 30 September 2026. Lai Sun said the disposal is part of its strategy to streamline its portfolio, improve liquidity, and support working capital and debt repayment objectives."Looking ahead, this development supports the company’s long-term strategic direction, enabling &nbsp;further investment in its capabilities and strengthening its position as a leading global yachting &nbsp;business," concluded Paolo.

Wave Expandary Limited acquires Camper & Nicholsons

Lai Sun Development Company Limited is selling an initial 80 percent stake in Camper & Nicholsons International.


Camper & Nicholsons to be sold in €50M deal to Chinese billionaire-linked venture

The 80-metre-plus <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> superyacht <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> has been photographed in St Tropez, France by the SuperYacht Times team for the first time following the completion of an extensive refit at the <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co S.p.A. (Company)">Amico &amp; Co</a> facility in Genova Italy. <img src="https://photo-assets.superyachttimes.com/photo/400628/image/large-241fcf289c011fde841f708664112753.jpg" data-gid="gid://syiq/Photo/400628"><img src="https://photo-assets.superyachttimes.com/photo/245063/image/large-734d5a135b729ad1af3e18aad203f55b.jpg" data-gid="gid://syiq/Photo/245063">Bottom: Pure photographed as Sarafsa before her refitDuring her refit, <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> underwent significant interior and exterior changes, as well as a new paint job which saw her transformed from a navy hull to white. The aft sections of <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> have also been reconfigured, allowing for more deck space, with an extension to her stern. She was originally 82-metres at the time of her launch.<img src="https://photo-assets.superyachttimes.com/photo/400633/image/large-eb4c751d9645590e3b140ba06ff86dd0.jpg" data-gid="gid://syiq/Photo/400633">The most significant change to <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> is her stern, which has been redesigned to include a beach club transom area, with an integrated pool. Her previous staircase arrangement has been modified with a cleaner layout, while her mast has been simplified and modernised.<img src="https://photo-assets.superyachttimes.com/photo/400624/image/large-df4f992d2231aec2160a884f7a82b8b0.jpg" data-gid="gid://syiq/Photo/400624">First launched in 2008, <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> was once the largest superyacht to be built in the United Kingdom, before she was overtaken by <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> in 2021. She previously sported a dark hull and white superstructure, with original naval architecture from the drawing boards of <a data-gid="gid://syiq/Company/273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burness Corlett Three Quays International Limited (Company)">Burness Corlett - Three Quays Limited</a>, alongside interior and exterior design by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>. The team involved in her redesign is currently unknown.<img src="https://photo-assets.superyachttimes.com/photo/400626/image/large-4ac605c759a97575cbd969250b186558.jpg" data-gid="gid://syiq/Photo/400626"><img src="https://photo-assets.superyachttimes.com/photo/245064/image/large-a2b48d9c904f7d512489257d037944b4.jpg" data-gid="gid://syiq/Photo/245064">Details surrounding her interior refit are yet to be revealed, but <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> previously was able to accommodate up to 14 guests across a seven stateroom configuration, as well as 23 crew in 13 cabins. She has a GT of 3,392 according to Lloyd's Register. <img src="https://photo-assets.superyachttimes.com/photo/400621/image/large-be73f9e4b2ff73b72ac302653c1efb81.jpg" data-gid="gid://syiq/Photo/400621">Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> 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, providing her with a top speed of 16.5 knots and a cruising speed of 14 knots.&nbsp;

Devonport yacht Pure after major refit

The 82-metre Devonport superyacht Pure has been spotted in France following the completion of an extensive refit.

First look at the Devonport superyacht Pure  following radical refit

The 24.38-metre <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> sailing yacht <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> has been sold. Stefano Leonardi of <a data-gid="gid://syiq/Company/6621" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="L Marine Group Srl (Company)">L Marine Group</a> represented the buyer, with <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Global Service providing assistance. Sean McCarter 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> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/318522/image/large-f2fbf4511c7c81a5deeb17168f1ebbe0.png" data-gid="gid://syiq/Photo/318522">Delivered in 2000 by Finnish shipyard <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, Umiko, previously known as Astro de l'Est, features both exterior design and naval architecture crafted by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. Meanwhile, her &nbsp;interiors were penned in-house by her builder. The sailing yacht was last refitted in 2022.Constructed with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> has a beam of 5.82-metres and an interior volume of 48 GT. Accommodation onboard is arranged for up to six guests across five well-appointed staterooms, alongside dedicated quarters for two crew members.&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> is powered by a single <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> engine, propelling her to a top speed of 20 knots and a cruising speed of ten knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> had a last known asking price of €1,300,000.Image courtesy of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.

 24m Nautor Swan sailing yacht Umiko sold

24m Nautor Swan sailing yacht Umiko has been sold with a last known asking price of €1,300,000.

<a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> is strengthening its focus on the European market with the introduction of two larger yacht concepts, the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project and the KingCat 125, as the shipyard looks to engage a broader international client base through adaptable design platforms and competitive build timelines.<img src="https://photo-assets.superyachttimes.com/photo/376943/image/large-6daae673f169235ed3926bc1df4514ff.jpg" data-gid="gid://syiq/Photo/376943">Founded in 2004 by Roger Liang in Zhongshan, Guangdong Province, with management and marketing based in Hong Kong, <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> has developed its position in the 300 to 499 GT segment, where it sees growing opportunity amid rising new-build costs.<img src="https://photo-assets.superyachttimes.com/photo/399479/image/large-8cf23502eab60f270b671602a5175505.jpeg" data-gid="gid://syiq/Photo/399479">Two larger yacht conceptsWhile both projects reflect <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>’s move into larger yacht construction, the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m&nbsp;project and the KingCat 125&nbsp;have been developed around different design priorities.<img src="https://photo-assets.superyachttimes.com/photo/399472/image/large-a77db1b4fa3325df9815067d311d55fd.png" data-gid="gid://syiq/Photo/399472">The KingCat 125, a multihull explorer concept, was developed by <a data-gid="gid://syiq/Company/464" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barracuda Yacht Design Ltd. (Company)">Barracuda Yacht Design</a>, which was responsible for both her exterior and interior concept. She has a robust and functional design language, with an exterior shaped around capability, practicality and purpose. Her twin-hull configuration is intended to support efficiency and stability, while the design also includes private balconies for each guest stateroom, an unusual feature in this size and category of yacht. Rather than focusing on decorative detailing, the project places emphasis on operational strength, with form closely linked to performance.<img src="https://photo-assets.superyachttimes.com/photo/399470/image/large-ba69f4b68a3a86cfc74214492b2abe28.png" data-gid="gid://syiq/Photo/399470">The <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project takes a more refined approach. Her exterior was created by <a data-gid="gid://syiq/Company/1403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axis Group Yacht Design (Company)">Axis Design Group</a>, with <a data-gid="gid://syiq/Company/464" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barracuda Yacht Design Ltd. (Company)">Barracuda Yacht Design</a> responsible for the interior concept. Developed as a 499GT platform, she is intended to combine elegance and versatility, with a distinctive bow and a carefully proportioned overall profile. In contrast to the more assertive character of the KingCat 125, the Kingship 45m project is positioned as a more adaptable platform for owners seeking a larger yacht with considerable interior potential.<img src="https://photo-assets.superyachttimes.com/photo/399474/image/large-944b55481e7291b372eb0462f7b323ca.jpg" data-gid="gid://syiq/Photo/399474">Adaptability and delivery timelinesThe level of customisation differs between the two projects. On the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project, the layout is largely defined by the vessel’s structural framework, although minor spatial adjustments remain possible where they do not affect the existing structure. The interior concept, developed by <a data-gid="gid://syiq/Company/464" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barracuda Yacht Design Ltd. (Company)">Barracuda Yacht Design,</a> has been presented by <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> as a showcase of the shipyard’s craftsmanship and production capabilities. It follows a contemporary style with subtle Asian influences, while still allowing an owner to tailor the interior to her own preferences and use of the yacht.<img src="https://photo-assets.superyachttimes.com/photo/399478/image/large-f87f1113f026d9926077c0799be26230.jpg" data-gid="gid://syiq/Photo/399478"><img src="https://photo-assets.superyachttimes.com/photo/399477/image/large-ad3c3a2f74eb33a37d6686b99f919a0b.jpg" data-gid="gid://syiq/Photo/399477">The KingCat 125&nbsp;offers greater flexibility at this stage. Her final interior design has not yet been developed, although the intended direction is modern, contemporary, warm and comfortable. With fewer structural constraints than the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project, she gives owners more scope to shape the interior arrangement and design from an earlier stage.Delivery timelines remain dependent on final specifications and contract terms. As a guide, <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> says the KingCat 125 could be completed within around three years of a signed order, with the possibility of a shorter time frame depending on the final project scope. For the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> 45m project, completion by the end of 2027 is considered realistic if an owner agrees terms in the near term.<img src="https://photo-assets.superyachttimes.com/photo/399473/image/large-84b74b2c764f9cfec13be860f1956175.jpg" data-gid="gid://syiq/Photo/399473">Kingship’s renewed European focus<a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>’s renewed focus on Europe began in 2025, when the shipyard increased its market presence at the Cannes and Monaco yacht shows. The decision generated strong client interest and helped support further discussions around its larger yacht concepts.<img src="https://photo-assets.superyachttimes.com/photo/399468/image/large-097a54820becde6db2f49247a5a66f8b.jpg" data-gid="gid://syiq/Photo/399468">That activity was accompanied by a series of updates to <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>’s market positioning, including new design concepts, a refreshed website and an updated marketing image. In 2026, the shipyard plans to continue that approach with a presence at the Palais building in the Vieux Port during the Cannes Yachting Festival, where it intends to build on existing conversations with prospective clients and industry representatives.<img src="https://photo-assets.superyachttimes.com/photo/399469/image/large-7c68000bcacefe5c13a0701df2267d99.png" data-gid="gid://syiq/Photo/399469">The <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project is also being actively marketed by <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, giving the project access to the brokerage house’s wider international network. For <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>, this support forms part of a broader effort to reach a more global client base and strengthen its visibility in Europe.<img src="https://photo-assets.superyachttimes.com/photo/399471/image/large-8ab2f188493374fb15e2b9970d4bf1f4.png" data-gid="gid://syiq/Photo/399471">

Kingship targets Europe with larger yacht concepts 

Kingship is strengthening its focus on the European market with the introduction of two larger yacht concepts.

Kingship strengthens European focus with Kingship 45m project and KingCat 125

<a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura Marine</a> has unveiled the 25-metre <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global, a cruising trimaran designed to make fast ocean passages at lower fuel consumption than typical long-range cruisers of a similar size.<img src="https://photo-assets.superyachttimes.com/photo/400597/image/large-846ab7cee7a8c72508f2d9f9a7a4e6f7.jpg" data-gid="gid://syiq/Photo/400597" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Designed by Australian naval architecture studio <a data-gid="gid://syiq/Company/1962" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bury Design (Company)">Bury Design</a>, the Silura 25 Global has been developed to achieve a cruising speed of 20 knots with a range of approximately 2,000 nautical miles in still water. When cruising at 12 knots, the trimaran has a projected range of around 5,000 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/400606/image/large-ed7bd8b04b36d4425c435cafb84fb6a8.png" data-gid="gid://syiq/Photo/400606">In terms of propulsion, the <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is powered by a 280-horsepower <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> diesel engine paired with a controllable-pitch propeller to deliver its target cruising speed. Meanwhile, a bow-mounted kite and feathering propeller come as standard to provide supplementary wind propulsion and extend the vessel's range.<img src="https://photo-assets.superyachttimes.com/photo/400596/image/large-75ef3be7b8cba689500254e34786960f.png" data-gid="gid://syiq/Photo/400596">Built to <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyd</a>'s SSC standard, the trimaran is specified with an “advanced composite structure” comprising E-glass and vinyl ester with carbon reinforcement in high-load areas over a PVC foam core. <img src="https://photo-assets.superyachttimes.com/photo/400595/image/large-70b946d7e6b0cfdc17c75c68332f6907.jpg" data-gid="gid://syiq/Photo/400595"><img src="https://photo-assets.superyachttimes.com/photo/400607/image/large-6dcdad7066b2882f051fa7fe7c508fc8.png" data-gid="gid://syiq/Photo/400607" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Designed for extended periods at anchor, the <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is equipped with a 44-kWh battery bank and 7-kW of integrated walkable solar panels to power onboard hotel loads without the need for a generator in suitable conditions. Twin 20-kW electric drives are also available as an option for low-speed manoeuvring.<img src="https://photo-assets.superyachttimes.com/photo/400598/image/large-bbb16c730dc00c623453d5eeac271712.png" data-gid="gid://syiq/Photo/400598">The design centres around a slender central hull, measuring less than two metres at the waterline, which carries most of the vessel's weight, while two lightly submerged amas dampen roll to improve comfort underway. According to <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura Marine</a>, the fine hull form reduces drag while contributing to the yacht's long-range cruising capability.<img src="https://photo-assets.superyachttimes.com/photo/400610/image/large-e872e00fc273e48bee6088ec68782293.png" data-gid="gid://syiq/Photo/400610">Outside, the <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is distinguished by a clean exterior profile with an expansive beam and minimalist design where alfresco living is ideal thanks to her generous aft cockpit. A hydraulic swim platform is provided for easy water access, while her aft deck has been designed to accommodate a substantial tender.<img src="https://photo-assets.superyachttimes.com/photo/400600/image/large-bf0a67ec645ae8412f7b0c91d186de80.jpg" data-gid="gid://syiq/Photo/400600"><img src="https://photo-assets.superyachttimes.com/photo/400602/image/large-5eac81a3a0d2f860d2956ea531e32566.png" data-gid="gid://syiq/Photo/400602">Inside, her main saloon is adorned by light oak finishes and soft neutral soft furnishings, as well as panoramic glazing letting in natural light. Moreover, her enclosed saloon flows to an open-plan helm and galley. <img src="https://photo-assets.superyachttimes.com/photo/400601/image/large-66b0ebe9385d61e32c33325b46666acf.png" data-gid="gid://syiq/Photo/400601" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Accommodation has been arranged across two ensuite staterooms forward and aft, each with front access, a dedicated bathroom, queen-sized berths. Notably, both accommodations are finished in pale timber and positioned with low-set hull windows that bring the sea to eye level.<img src="https://photo-assets.superyachttimes.com/photo/400603/image/large-42513d480e77ec2c2abde8dcb9c88154.png" data-gid="gid://syiq/Photo/400603">"The brief was simple: cross oceans at 20 knots, carry a couple in comfort, and do it on a fraction of the fuel normally required by a boat of this size," said principal of <a data-gid="gid://syiq/Company/1962" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bury Design (Company)">Bury Design</a> and the vessel's designer, Paul Bury.<img src="https://photo-assets.superyachttimes.com/photo/400589/image/large-f427e771853bfb4a89441355cb67195a.png" data-gid="gid://syiq/Photo/400589">The <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is available to order and will be built by AsOne Yachts in Cha Am, Thailand.<img src="https://photo-assets.superyachttimes.com/photo/400608/image/large-597c3ed0bb75e8e7e496e0bc4d84077f.png" data-gid="gid://syiq/Photo/400608" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">

Silura Marine unveils 25m Silura 25 Global trimaran

Silura Marine has unveiled Silura 25 Global, a trimaran concept designed to cross oceans at 20 knots.

Silura Marine unveils 25m trimaran concept designed to cross oceans at 20 knots

<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> has announced that the 29.18-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> motor yacht <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> has been sold. Marco Fodale of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Monaco introduced the buyer, while Peter Redford and Eugenio Cannarsa of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Australia represented the seller, supported by Richard Lambert of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> Monaco.&nbsp;According to <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Australia, the transaction marks its latest sale completed in just under six months.<img src="https://photo-assets.superyachttimes.com/photo/382399/image/large-fa16ed3c4352d301a230215b9bee7c04.jpg" data-gid="gid://syiq/Photo/382399" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Delivered in 2008 by Dutch shipyard <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a>, <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> features exterior design by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a>, with interiors penned by <a data-gid="gid://syiq/Company/165" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Art Line (Company)">Art Line</a>. Her naval architecture was crafted by <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design (Company)">Diana Yacht Design</a>. The yacht was last refitted in Australia in 2023.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> has a beam of 7.3-metres and a shallow draft of 1.9-metres.&nbsp;At an interior volume of 190 GT, accommodation onboard is arranged for up to nine guests, across a six-stateroom configuration. Dedicated quarters are provided for five crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 12 knots and a top speed of 14 knots.Image courtesy of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.

29m Moonen motor yacht Little Perle sold

The 29.18-metre Moonen motor yacht Little Perle has been sold, with Fraser representing both the buyer and seller alongside Burgess Monaco.


29m Moonen motor yacht Little Perle sold in less than six months

SuperYacht Times takes a closer look at the 36.5-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/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti SpA2026">Enjoy</a>. Delivered in 2026, the yacht forms part of her shipyard’s B.YOND 37m series.<img src="https://photo-assets.superyachttimes.com/photo/398105/image/large-f251772a50c1431e175d4c2980dec51e.jpg" data-gid="gid://syiq/Photo/398105">She features naval architecture by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>, with 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>. <img src="https://photo-assets.superyachttimes.com/photo/398118/image/large-e453465c98005302ba78fced15ebb6cb.jpg" data-gid="gid://syiq/Photo/398118"><img src="https://photo-assets.superyachttimes.com/photo/398111/image/large-cc2377f7f8dfb3f1285874cd480b6055.jpg" data-gid="gid://syiq/Photo/398111">Inside, the main deck is fitted with floor-to-ceiling windows that flood the interior with natural light and connect seamlessly to the forward lounging area. Glazed surfaces highlight marble staircases, rich dark wood detailing, and elegant gold accents throughout.<img src="https://photo-assets.superyachttimes.com/photo/398117/image/large-1b4d1ef1b9c44c5491e28fcd51240344.jpg" data-gid="gid://syiq/Photo/398117">At just under 400 GT, <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti SpA2026">Enjoy</a> measures 8.6 metres in beam and has a draft of 2.5 metres. She can sleep up to 12 guests across six well-appointed staterooms. The layout includes two master suites, elegant VIP suites, and a flexible convertible twin suite.<img src="https://photo-assets.superyachttimes.com/photo/398116/image/large-70f6187370d33f713b920250955c49bb.jpg" data-gid="gid://syiq/Photo/398116"><img src="https://photo-assets.superyachttimes.com/photo/398125/image/large-511f401230857498d82eebc204223f1a.jpg" data-gid="gid://syiq/Photo/398125">Each suite is equipped with a television, refined finishes, and generous storage. The master suite also features a walk-in wardrobe and spacious en-suites with his-and-hers sinks. The bridge deck master opens onto a private outdoor terrace, offering enhanced privacy.<img src="https://photo-assets.superyachttimes.com/photo/398113/image/large-26008a8b76e90a50ffb3edcd13177380.jpg" data-gid="gid://syiq/Photo/398113">Moving outside, guests can relax in the upper deck Jacuzzi or enjoy alfresco dining with a BBQ on the sundeck. The upper deck saloon is also fitted with a sophisticated bar and wine fridge, complemented by a dumbwaiter serving multiple decks. Completing her outdoor amenities, <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti SpA2026">Enjoy</a> offers a beach club with an opening transom and a gym with cork flooring.<img src="https://photo-assets.superyachttimes.com/photo/398109/image/large-2764d84c2bc9c720f1a767a71b38561c.jpg" data-gid="gid://syiq/Photo/398109">In terms of propulsion, <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti Yachts2026">Enjoy</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, delivering a cruising speed of 12.5 knots.She is currently available for charter in Croatia and Montenegro with <a data-gid="gid://syiq/Company/4561" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcon Yachts (Company)">Arcon Yachts</a> at a weekly rate of €230,000.

Onboard Benetti yacht Enjoy

SuperYachtTimes steps onboard the 36.5-metre Benetti motor yacht Enjoy.

A closer look at the 37m Benetti motor yacht Enjoy

<a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> and <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES Yachts</a> have unveiled the EPOQ 36, a modern gentleman's yacht concept. She features exterior design by <a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STURGE & TOTH (Company)">Sturge &amp; Toth</a> and naval architecture by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/400569/image/large-0c89a87d0aee8bde68fe98cd0bfa62fe.png" data-gid="gid://syiq/Photo/400569">EPOQ 36 is the first model in <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES Yachts’</a> new series, launched to celebrate the Turkish shipyard’s builder heritage of more than 50 years. The EPOQ series marks a new chapter for the shipyard, introducing a semi-custom platform designed to make its craftsmanship and design approach accessible to a wider range of owners while maintaining its focus on quality and personalisation.<img src="https://photo-assets.superyachttimes.com/photo/400565/image/large-20d293054d15a0c0dc6b137139a0f534.png" data-gid="gid://syiq/Photo/400565">According to <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>, the concept is aimed at owners who prioritise lifestyle over status. Inspired by the Belle Époque, the yacht reflects the era's sophistication and refined way of life."Today's owners increasingly seek yachts that reflect their lifestyle rather than their status," said <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> CEO Peter Hürzeler. "The <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES</a> EPOQ 36&nbsp;delivers exactly that. She is elegant without excess, technically sophisticated without unnecessary complexity, and designed for people who genuinely love spending time at sea."<img src="https://photo-assets.superyachttimes.com/photo/400566/image/large-63cb2310939097f080c323c6b2af113c.png" data-gid="gid://syiq/Photo/400566">Penned by <a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STURGE & TOTH (Company)">Sturge &amp; Toth</a>, the exterior reinterprets the classic gentleman's yacht through subtle references to traditional British yacht design rather than direct historical recreation. The generous outdoor spaces have been designed to maximise the guest experience, while the interiors offer a flexible living environment. In the main saloon, loose furniture is paired with traditional wood craftsmanship and contemporary fabrics. This allows owners significant scope for personalisation, even during the later stages of construction.<img src="https://photo-assets.superyachttimes.com/photo/400564/image/large-f3a4a613890d066a41292d76abb8cf15.png" data-gid="gid://syiq/Photo/400564">One of the yacht's standout features is a glass-bottomed Jacuzzi on the sundeck, which also serves as a skylight for the alfresco dining area below. Incorporating switchable liquid-crystal glass technology, it can alternate between transparent and translucent.<img src="https://photo-assets.superyachttimes.com/photo/400563/image/large-8ffbc700a28713013153529d5d4b8015.png" data-gid="gid://syiq/Photo/400563">The yacht features a steel displacement hull, paired with low-revving engines. At the heart of EPOQ, however, is her renowned Fast Displacement Hull Form (FDHF), developed by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>. Combining the efficiency of a displacement yacht with the performance of a semi-displacement design, the hull reduces fuel consumption while improving cruising efficiency and onboard comfort.<img src="https://photo-assets.superyachttimes.com/photo/400571/image/large-dc0b102bc8291654051f818c68f998d5.png" data-gid="gid://syiq/Photo/400571">Her lower deck layout has been standardised to optimise build quality while retaining flexibility for owner customisation. "EPOQ was never about adding complexity," concluded designer Benjamin Toth. "Every design decision has been evaluated through the lens of how owners actually use their yachts. The result is a vessel that offers exceptional comfort while remaining practical to own and operate for decades."

SES Yachts EPOQ 36 yacht concept

 Ocean Independence and SES Yachts have unveiled the EPOQ 36.

SES Yachts unveils Belle Époque-inspired EPOQ 36 yacht concept

Croatian yacht brokerage <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> has expanded its international presence with the opening of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> Exclusive, its new sales and brokerage office in Monaco.<img src="https://photo-assets.superyachttimes.com/photo/400581/image/large-cd60de5aaee3d09e88758dafc055bede.jpg" data-gid="gid://syiq/Photo/400581">Strategically located at Port Hercule, the new office will serve as the company's international sales and brokerage hub and will represent the <a data-gid="gid://syiq/Company/5305" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solaris Yachts (Company)">Solaris</a> and Stradivari boating brands on an exclusive basis. The expansion is also intended to strengthen <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>'s position in the superyacht segment and enhance its offering to ultra-high-net-worth clients across the Mediterranean.Located at 7 Avenue J.F. Kennedy, the Monaco office is the newest addition to <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>'s growing network, following the opening of its Slovenia office in 2025. The company said the new location will strengthen connections between its established Adriatic operations and the wider Mediterranean market. <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> Exclusive will be led by Commercial Director Carlos Vassallo, who brings more than 15 years of industry experience to the role.<img src="https://photo-assets.superyachttimes.com/photo/400577/image/large-984c4f1c0ecf46a43da3102f38d36c95.jpg" data-gid="gid://syiq/Photo/400577">"The opening of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> Exclusive in Monaco represents an important milestone in our long-term development," said COO of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>, Fredrik Delić. "Monaco is the natural meeting point of the international yachting industry, and this presence allows us to strengthen the connection between our established Adriatic operations and the wider Mediterranean market."<img src="https://photo-assets.superyachttimes.com/photo/400582/image/large-fa942b4a4b374d5724ecbfd9de3e5318.jpg" data-gid="gid://syiq/Photo/400582">Founder and CEO of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>, Gordan Zadro, added: “When I founded <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> in 2010, my ambition was to build a company that clients, partners, and manufacturers would trust for its professionalism, integrity, and long-term commitment. That philosophy has guided every decision we have made over the past fifteen years and continues to shape our future."<img src="https://photo-assets.superyachttimes.com/photo/400578/image/large-cbb9d1a50858e9aa6841602100321099.jpg" data-gid="gid://syiq/Photo/400578">Founded in 2010, <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> is a yacht brokerage specialising in yacht sales, acquisition advisor, charter services and yacht management. Headquartered in Zagreb, Croatia, the company now has offices in Split, Trogir, Ljubljana and Monaco, with further international expansion planned before the end of 2026.

Navis Marine opens new sales and brokerage office in Monaco

Navis Marine has expanded its international presence with the opening of Navis Marine Exclusive, a new sales and brokerage office in Monaco.


<a data-gid="gid://syiq/Company/2718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Steelyachts B.V. (Company)">Van der Heijden</a> has announced the sale of its new 26-metre <a data-gid="gid://syiq/Yacht/17240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Explorer IV26.0m (85'4&quot;)Van Der Heijden Steelyachts B.V.2027">Van Der Heijden Explorer IV</a> yacht. Construction is currently underway at the Dutch shipyard's facility in Waalwijk, with the project marking the latest addition to its explorer range.<img src="https://photo-assets.superyachttimes.com/photo/400560/image/large-324295561c7077030e1500eecb7e7d99.png" data-gid="gid://syiq/Photo/400560">For the shipyard, <a data-gid="gid://syiq/Yacht/17240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Explorer IV26.0m (85'4&quot;)Van Der Heijden Steelyachts B.V.2027">Van Der Heijden Explorer IV</a> represents a new generation of the <a data-gid="gid://syiq/Company/2718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Steelyachts B.V. (Company)">Van der Heijden</a> explorer series, which benefits from an increased interior volume with contemporary exterior lines and a highly customised layout.<img src="https://photo-assets.superyachttimes.com/photo/400553/image/large-cabfc6c2a3f4eb9bbbdab74188ba81c6.png" data-gid="gid://syiq/Photo/400553">Developed around the owner’s cruising plans and requirements, the yacht has a beam of 7.5-metres and a draft of 2.3-metres.<img src="https://photo-assets.superyachttimes.com/photo/400554/image/large-6ee481de108019c8703f1aacfe7848f8.png" data-gid="gid://syiq/Photo/400554">Stepping inside, the yacht has been designed with amply proportioned living and dining areas, while her layout separates private guest accommodation from social living spaces, technical areas. Large windows allow plenty of natural light and a close connection to the surrounding ocean vistas.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400555/image/large-6b02cbfdfe7221803da3b42e43edc048.png" data-gid="gid://syiq/Photo/400555">Outside, extensive spaces for outdoor relaxing and entertaining can be enjoyed by the guests while cruising the Mediterranean seas.<img src="https://photo-assets.superyachttimes.com/photo/400552/image/large-8f91b1c085af9231e8e347887c391d5d.png" data-gid="gid://syiq/Photo/400552">Accommodation onboard is arranged for up to eight guests across four en suite staterooms, alongside separate quarters for four crew members across two quarters.<img src="https://photo-assets.superyachttimes.com/photo/400561/image/large-2b01b4ef0735ded9012edff7dc848599.png" data-gid="gid://syiq/Photo/400561" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Being built to applicable <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> class requirements and intended to meet CE Design Category A - Ocean, the <a data-gid="gid://syiq/Yacht/17240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Explorer IV26.0m (85'4&quot;)Van Der Heijden Steelyachts B.V.2027">Van Der Heijden Explorer IV</a> has been conceived for long-range cruising. The final propulsion package, onboard systems and cruising capabilities will be tailored to the owner's preferences.All images provided courtesy of <a data-gid="gid://syiq/Company/2718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Steelyachts B.V. (Company)">Van der Heijden</a>.

26m Van der Heijden Explorer IV yacht sold

Van der Heijden  has announced the sale of its new 26-metre Explorer IV yacht, which is currently under construction at the Dutch shipyard's facility.

In-build 26m Van der Heijden Explorer IV yacht sold

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced the resignation of chairman and CEO Giovanni Costantino and non-executive director Gianmaria Costantino. This move triggered the dissolution of the company's entire board of directors.<img src="https://photo-assets.superyachttimes.com/photo/386329/image/large-5b57b6cc7647b019165636d2e632aab4.jpg" data-gid="gid://syiq/Photo/386329">The resignations, effective 20 July, automatically dissolved the board under the company's articles of association and Italian corporate law, as the majority of directors appointed by shareholders are no longer in office.The existing board will continue to operate on an interim basis until shareholders appoint a new board, with a meeting to be convened as soon as possible. The company said this would ensure business continuity and allow its ongoing restructuring process to continue.According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, the resigning directors said they had done everything possible to address the company's crisis and advance its restructuring efforts. They believe a change in governance will help strengthen stakeholder confidence, ensure continuity and maximise value for creditors.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/66488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG granted 60 days to file restructuring plan (2026-07-06 09:00:00 +0200)">TISG granted 60 days to file restructuring plan</a>The announcement comes just weeks after the company entered a court-supervised crisis regulation procedure under Italy's Crisis Code. Earlier this month, the Court of Florence confirmed protective measures allowing <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to continue operating while it prepares a restructuring plan. The measures prevent shipowners from terminating existing contracts due to shipyard defaults or enforcing related guarantees, while also providing temporary relief to key suppliers involved in projects nearing delivery.The company has said the court protections will support the completion of ongoing yacht builds and the implementation of its restructuring strategy. Subject to agreements with suppliers, clients and financing institutions, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> is also considering a capital increase of around €100 million from the fourth quarter to strengthen its financial position.Despite stepping down as chairman and CEO, Giovanni Costantino remains <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> majority shareholder, indirectly controlling 53.6 per cent of the company's share capital through GC Holding S.p.A. Gianmaria Costantino does not hold shares in the company.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">Read more: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>The company added that neither director had raised objections or disputes regarding board decisions as part of their resignation. Giovanni Costantino also has no ongoing employment or contractual relationship with the company, while Gianmaria Costantino will remain an employee under his existing employment contract.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to update the market on developments as the restructuring process progresses.

TISG Costantino resignation

The Italian Sea Group (TISG) has announced the resignation of chairman and CEO Giovanni Costantino

Mergers & Acquisitions

Brabus and AB Yachts announce strategic partnership to create Brabus Yachts