<a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess Yachts</a> has reported that its sales for 2022 have surpassed $2.5 billion. The breakdown of the success comes mainly from the brokerage with over $2 billion in sales, while charter is up on pre-pandemic levels by around 50 percent and the New Build team is up by 20 percent.<img src="https://photo-assets.superyachttimes.com/photo/252243/image/large-f0b662db5687394052cfc0d917b0343b.jpg" data-gid="gid://syiq/Photo/252243">“I am delighted with the team’s unstoppable efforts,” confirmed CEO Jonathan Beckett. The brokerage firm celebrated another successful year, with the addition of the 72-metre <a data-gid="gid://syiq/Yacht/4814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Albatross72.2m (236'11&quot;)Delta Marine2016">Albatross</a> to its sales fleet the day before the <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>. The <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a> superyacht sold a few days later, making it one of the fastest deals on record for <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.<img src="https://photo-assets.superyachttimes.com/photo/243066/image/large-c1f7cb60f83f305d4d7f68a2a5e068cf.jpg" data-gid="gid://syiq/Photo/243066">The sales team managed to close four yachts in seven days in the final quarter including; the 39.6-metre CRN motor yacht <a data-gid="gid://syiq/Yacht/2416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aero39.6m (129'11&quot;)CRN2011">5G</a> (now&nbsp;<a data-gid="gid://syiq/Yacht/2416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aero39.6m (129'11&quot;)CRN2011">Aero</a>), the 52.3-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/2444" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lind52.3m (171'7&quot;)Amels2010">Lind</a>, <a data-gid="gid://syiq/Yacht/4814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Albatross72.2m (236'11&quot;)Delta Marine2016">Albatross</a> and a confidential deal in excess of €100 million.<img src="https://photo-assets.superyachttimes.com/photo/203453/image/large-f0077fd2f1b18455930702d81396c169.jpg" data-gid="gid://syiq/Photo/203453">“Our service is unrivaled, and we simply get the job done, whether we are selling a 30 metre yacht or 100 metre – we deliver the same service to our clients. At the end of the day, we are in the relationship business, and this is where we shine,” explained Richard Lambert, Head of Sales.The charter team celebrated 860 trips this year, with clients collectively spending 1,100 weeks or 7,700 days on charter this year. “Our US clients were ready to get back to the Mediterranean, after many chose to charter closer to home in the Bahamas or Caribbean for the last couple of years,” commented Head of Charter, Ben Harwood.<img src="https://photo-assets.superyachttimes.com/photo/60231/image/large-0b292c1bd241974f4a9356d8171b1723.jpg" data-gid="gid://syiq/Photo/60231">The peak weeks for charter were from mid-June to mid-August, where the <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> fleet was booked out. This meant that clients had to book very early to ensure that they got the choice of yachts for the weeks they wanted. This trend is already extending to both 2023 and 2024, with Burgess signing another 23 yachts to meet these demands.<img src="https://photo-assets.superyachttimes.com/photo/60233/image/large-cc9d0bab31947a2be3bc155e29fa9f17.jpg" data-gid="gid://syiq/Photo/60233">This year <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> introduced the New Build Sales team to build on the success of its Technical Services. The highly experienced team of sales brokers and naval architects allows for a seamless experience for clients that are wishing to build a new yacht. The Technical services team has reported a year-on-year increase of 20% with six yachts in build and several more under negotiation.<img src="https://photo-assets.superyachttimes.com/photo/60232/image/large-068ba72b140f9c11ceaa30f52dbec408.jpg" data-gid="gid://syiq/Photo/60232">Sean Bianchi, Head of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> New Construction concluded “Across the industry the new build sector continues at a buoyant pace, shipyards continue to report very few build slots available for the next few years. <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> Technical Services enjoyed another productive and busy year despite the ongoing global issues. The New Build Sales team continue to monitor the industry, production and build slot availability, they are first to know of any opportunities which we share directly with our clients.”

Burgess Yachts surpasses $2.5 billion in sales for the year

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Burgess Yachts has reported that its sales for 2022 have surpassed $2.5 billion across sales, charter and new builds.

Burgess Yachts closes the year with $2.5 billion in sales 

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has announced the launch of a new brokerage division, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale, aimed at offering <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners the opportunity to sell their yachts with the Dutch shipyard.<img src="https://photo-assets.superyachttimes.com/photo/285554/image/large-ee1e4321b5100826f2f5097767414c53.png" data-gid="gid://syiq/Photo/285554">Historically, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> referred resale requests to trusted brokerage partners, but due to increasing demand from owners, the yard has now established a dedicated service. "At <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, we believe that our relationship with our yachts extends far beyond delivery,” explained Arjen van Elk, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale Manager.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> currently has five yachts available for resale, which include the 37.95-metre <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, the 51-metre <a data-gid="gid://syiq/Yacht/1436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Haven51.0m (167'4&quot;)Feadship1993">Double Haven</a>, the 55.2-metre <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, the 65-metre <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a> and the 83.5-metre superyacht <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a>.“Our unparalleled understanding of these vessels, combined with a lifelong commitment to our owners, positions us uniquely to offer a level of service that no one else can," added van Elk.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)"><img src="https://photo-assets.superyachttimes.com/photo/288759/image/large-f0a59451e7549cc38cedb5bb12758d00.jpg" data-gid="gid://syiq/Photo/288759">Feadship</a> Resale is designed to protect the long-term investments of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners, offering tailored advice based on the history and specifications of each yacht. The new service is not intended to replace the role of brokers, but rather to enhance it by providing access to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s archives, craftsmen, and engineers to support the resale process.&nbsp;“We work hand in hand with the brokerage community, acting as a key partner in ensuring that the best interest of our clients is always at the forefront. Our goal is to ensure a seamless and worry-free ownership experience, even as vessels change hands,” added <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale will build upon the success of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Refit &amp; Services department, introduced in 2018, which aims to ensure the ongoing value and pedigree of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yachts. “<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale is a confident step toward the long-term success and enduring value of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> brand,” concluded <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.During the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a>, private viewings will be available for <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, and <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a>, with Arjen van Elk on hand to arrange appointments.

Feadship introduces Resale for Feadship owners

Feadship has announced the launch of a new initiative, Feadship Resale, aimed at offering Feadship owners the opportunity to resell their yachts.

Feadship announces new brokerage division with 5 yachts listed

Montenegro-based shipyard <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> has announced the appointment of Eric Robert-Peillard as Chief Executive Officer.<img src="https://photo-assets.superyachttimes.com/photo/328549/image/large-60e771e97917682be69b57dcacc79628.jpg" data-gid="gid://syiq/Photo/328549">Eric brings with him a wealth of experience to the role, particularly in the field of superyacht care. Under his leadership, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> aims to elevate its superyacht services by establishing Porto Montenegro as a premier Mediterranean hub for superyacht owners, managers, and captains."It is an honour to lead <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> and this talented team,” commented Eric Robert-Peillard. “With our strong strategy, there are significant future growth opportunities, as we aim to set new industry benchmarks in superyacht care and refit services, driven by our commitment to excellence and quality.”&nbsp;The appointment of Eric Robert-Peillard marks a significant new chapter in the company’s journey towards becoming a leading player in the global yachting industry. <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> currently offers repair and refit services at its joint venture shipyard with PM Holdings and <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World</a> Dubai in Bijela, Montenegro.Read: <a data-gid="gid://syiq/Article/61267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interview: Adriatic 42 gears up for a busy refit season ahead (2024-08-15 14:30:00 +0200)">Adriatic 42 gears up for a busy refit season ahead</a><img src="https://photo-assets.superyachttimes.com/photo/323248/image/large-8674781d282e47b57f23556d9980b65f.jpeg" data-gid="gid://syiq/Photo/323248">This strategic leadership change follows the recent appointment of David Margason as Chairman of <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> earlier this summer.&nbsp;"We welcome Eric to his new role,” added David Margason. “With his strategic vision and collaborative leadership style, Eric will play a crucial role in advancing our mission to establish <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> as the premier superyacht destination in the Mediterranean.”Strategically positioned in the Bay of Kotor, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> is located just three-kilometres from Porto Montenegro’s renowned superyacht marina and waterfront community. Under the new leadership, Adriatic’s dedicated team of 100 employees is set to expand its influence and continue delivering exceptional services with a commitment to sustainability and innovation.“We are entering an exciting phase of growth at <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>, which will further reinforce Montenegro's status as a key global yachting hub. I am confident that Eric's leadership will inspire innovation and uphold our highest quality and safety standards. We anticipate great success under his and David's guidance,” concluded Captain Rado Antolovic, PhD, CEO of <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World</a>.<img src="https://photo-assets.superyachttimes.com/photo/328550/image/large-cfd5eeb3b2bb327fece5bc351cb970bb.jpg" data-gid="gid://syiq/Photo/328550">

Adriatic 42 appoints new CEO Eric Robert-Peillard

Montenegro-based shipyard Adriatic 42 has announced the appointment of Eric Robert-Peillard as Chief Executive Officer.

Adriatic 42 appoints Eric Robert-Peillard as new CEO

<a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, the leading market intelligence platform for the superyacht industry, is pleased to announce that it is once again the official superyacht data and intelligence partner of the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a>.<a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> is used hundreds of times per day by superyacht brokers, builders, designers, suppliers and owners to find and select yachts, research the market, analyse ownership, profile competitors and track yacht movements.<img src="https://photo-assets.superyachttimes.com/photo/328198/image/large-c9e8da7d2b30dd4b883793e19078f15d.png" data-gid="gid://syiq/Photo/328198">“The key to our success is combining tech solutions with manual verification. While you can do a lot with AI and automation, doing proper research on yachts requires people who know where to look and what to do and I am convinced our team is the best in business”, comments Merijn de Waard, Founder of SuperYacht Times.New Yacht DirectoryThe product team of <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> has had a busy start to the year with a complete rebuild of the yacht directory, including a new search system and improved filters, which drastically enhances the speed and usability of the entire system. A big improvement is the mobile experience of the new directory and search function, making it very quick and intuitive to run search queries.&nbsp;New PDF CreatorThe PDF brochure creator was launched within <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> a few years ago to much acclaim and we have been working hard to maximise the creator's efficiency and user experience. Following extensive user research, we’re now building a new creator that enhances the photo quality, branding options and customisation, while still relying on the most accurate yacht database in the world.MYS ReportBesides the partnership with the Monaco Yacht Show, <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SuperYacht iQ</a> also continues to support the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association (SYBAss)</a> with data for their annual economic report. As always, the <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> team has also launched the <a href="https://www.superyachttimes.com/market-reports" rel="noopener noreferrer" target="_blank" title="">Monaco Yacht Show Market Report, which is available for free download from the SuperYacht Times website</a>, and will be available to collect at the SuperYacht Times stand during the show.&nbsp;Visit the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SuperYacht iQ</a> team at the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a> at the SuperYacht Times stand DS97 or request a demo to get started right away.SuperYacht iQ | <a href="mailto:SuperYacht%20iQ,%20the%20leading%20market%20intelligence%20platform%20for%20the%20superyacht%20industry,%20is%20pleased%20to%20announce%20that%20it%20is%20once%20again%20the%20official%20superyacht%20data%20and%20intelligence%20partner%20of%20the%20Monaco%20Yacht%20Show.%20%20%20SuperYacht%20iQ%20is%20used%20hundreds%20of%20times%20per%20day%20by%20superyacht%20brokers,%20builders,%20designers,%20suppliers%20and%20owners%20to%20find%20and%20select%20yachts,%20research%20the%20market,%20analyse%20ownership,%20profile%20competitors%20and%20track%20yacht%20movements.%20%20%20%E2%80%9CThe%20key%20to%20our%20success%20is%20combining%20tech%20solutions%20with%20manual%20verification.%20While%20you%20can%20do%20a%20lot%20with%20AI%20and%20automation,%20doing%20proper%20research%20on%20yachts%20requires%20people%20who%20know%20where%20to%20look%20and%20what%20to%20do%20and%20I%20am%20convinced%20our%20team%20is%20the%20best%20in%20business%E2%80%9D,%20comments%20Merijn%20de%20Waard,%20Founder%20of%20SuperYacht%20Times.%20%20%20New%20Yacht%20Directory%20The%20product%20team%20of%20SuperYacht%20iQ%20has%20had%20a%20busy%20start%20to%20the%20year%20with%20a%20complete%20rebuild%20of%20the%20yacht%20directory,%20including%20a%20new%20search%20system%20and%20improved%20filters,%20which%20drastically%20enhances%20the%20speed%20and%20usability%20of%20the%20entire%20system.%20A%20big%20improvement%20is%20the%20mobile%20experience%20of%20the%20new%20directory%20and%20search%20function,%20making%20it%20very%20quick%20and%20intuitive%20to%20run%20search%20queries.%20%20%20New%20PDF%20Creator%20The%20PDF%20brochure%20creator%20was%20launched%20within%20SuperYacht%20iQ%20a%20few%20years%20ago%20to%20much%20acclaim%20and%20we%20have%20been%20working%20hard%20to%20maximise%20the%20creator's%20efficiency%20and%20user%20experience.%20Following%20extensive%20user%20research,%20we%E2%80%99re%20now%20building%20a%20new%20creator%20that%20enhances%20the%20photo%20quality,%20branding%20options%20and%20customisation,%20while%20still%20relying%20on%20the%20most%20accurate%20yacht%20database%20in%20the%20world.%20%20MYS%20Report%20Besides%20the%20partnership%20with%20the%20Monaco%20Yacht%20Show,%20SuperYacht%20iQ%20also%20continues%20to%20support%20the%20Superyacht%20Builders%20Association%20(SYBAss)%20with%20data%20for%20their%20annual%20economic%20report.%20As%20always,%20the%20SuperYacht%20iQ%20team%20has%20also%20launched%20the%20Monaco%20Yacht%20Show%20Market%20Report,%20which%20is%20available%20for%20free%20download%20from%20the%20SuperYacht%20Times%20website,%20and%20will%20be%20available%20to%20collect%20at%20the%20SuperYacht%20Times%20stand%20during%20the%20show.%20%20%20%20Visit%20the%20SuperYacht%20iQ%20team%20at%20the%20Monaco%20Yacht%20Show%20at%20the%20SuperYacht%20Times%20stand%20DS97%20or%20request%20a%20demo%20to%20get%20started%20right%20away.%20%20%20SuperYacht%20iQ%20%7C%20sales@superyachttimes.com%20#weknow" title="">sales@superyachttimes.com&nbsp;</a> #weknow

SuperYacht iQ Monaco Yacht Show partner

SuperYacht iQ has returned as the official superyacht data and intelligence partner of the Monaco Yacht Show.

SuperYacht iQ returns as the Data and Intelligence Partner to the Monaco Yacht Show

<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> has announced that it has signed an executive sales representation agreement with IYC. Under this new partnership agreement, <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> will become <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> global sales representative. <img src="https://photo-assets.superyachttimes.com/photo/281311/image/large-b20ff69377535949335555e18ea62352.jpg" data-gid="gid://syiq/Photo/281311">“<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> has chosen <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> to be its sales force based on the relationship that has been developed over the past year with brokers Richard Gray and Matthew Stone,” explained <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>.<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a>’s sales representation will be headed by <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representatives Richard Gray in London, UK and Matthew Stone in Fort Lauderdale, Florida, USA. The partnership will also see <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> brokers globally represent and support the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> business, with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> providing sales advertising, sales promotion and marketing materials for the Moonen brand.“<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC’</a>s global reach, experience in the superyacht market and knowledge and appreciation of the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> brand were critical elements underscoring the strategy to work together,” commented Matthew and Louise Baxter, the owners of <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/281312/image/large-fd91f2750cbc519d1aa9e65c9e2fce66.jpg" data-gid="gid://syiq/Photo/281312">With over 40 years of expertise in yacht construction, <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> have delivered over 80 yachts worldwide, including renowned classics such as the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 84 and <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 97, as well as the newer <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> Martinique model."<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> is known for delivering only the highest-quality vessels; a testament to the manufacturer's philosophy, generational workforce, and legacy,” concluded <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> Managing Partner California, Matthew Stone. “Matthew and Louise Baxter believe in their product and people and are not afraid to take calculated risks to ensure the company's success.”“We are extremely proud to announce a landmark strategic sales representation between <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> and <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>, marking a pivotal moment in our companies' histories,” added <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>’s Head of Sales UK, Richard Gray.“Together, we will enhance the sales efforts of the shipyard, ensuring that both clients and brokers receive exceptional support throughout every stage of their <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> experience.”

Moonen Yachts signs exclusive global sales agreement with IYC

Moonen Yachts has announced that it has signed an executive sales representation agreement with IYC.

Moonen Yachts signs exclusive global sales representation agreement with IYC

The <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">International Superyacht Society</a> (ISS), has announced the launch of the <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> Talent Pledge, to tackle the growing skills gap within the superyacht industry. It aims to do so by encouraging members to share knowledge, open doors, and provide opportunities for the next generation of professionals.<img src="https://photo-assets.superyachttimes.com/photo/326885/image/large-c8bc6b91d089c7871c339e0e78fedc9f.jpg" data-gid="gid://syiq/Photo/326885"><a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> President Erin Ackor stated, “Together, we have the power to address this critical challenge. By uniting our efforts, we can make a lasting impact on the future of our industry. We encourage all our members to take the first step today by signing our Talent Pledge.”The&nbsp;<a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a>&nbsp;Talent Pledge CommitmentEach company that signs the pledge agrees to support the development of young talent within its organisation by implementing one or more of the following actions:Engage: Collective action to cocreate talent<ul><li>Actively participate in existing programs such as ‘Junior Achievement’s Sea the World’ or the programs offered by the Marine Industries Association of South Florida (MIASF or equivalent organisations).</li><li>Speak at local schools or universities about opportunities in the superyacht sector.</li><li>Create webinars promoting industry careers to reach a wider audience.</li></ul>Quality job opportunities for new talent&nbsp;<ul><li>Create job openings at all levels within their company.</li><li>Develop strategies that enable less experienced team members to learn from more seasoned professionals.</li></ul>Work-based learning<ul><li>Offer internships or apprenticeships in the field.</li><li>Build a Continuous Professional Development Program to educate new team members at all levels within the organisation.</li><li>Invite outside speakers to talk to their team.</li><li>Allocate a budget to enable promising new talent to attend conferences and shows.</li></ul>Career paths<ul><li>Implement career paths to encourage longevity within the industry.</li><li>Start a mentoring program.</li><li>Support crew members with transferable skill development for movement ashore and ensure crew onboard are aware of opportunities.</li></ul>“With the Talent Pledge, we aimed to encourage superyacht companies around the globe to attract and retain new talent in our industry," emphasised Abi McGrath, Chair of the <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> Talent Pledge.

International Superyacht Society launches Talent Pledge

The International Superyacht Society (ISS), has announced the launch of the ISS Talent Pledge.

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, that it will be introducing 25 new models to its portfolio from 2024 to 2026. These models will be introduced across the company's seven brands, which include <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>.<img src="https://photo-assets.superyachttimes.com/photo/326707/image/large-c3976a8885eac83f845146d17853cd61.jpg" data-gid="gid://syiq/Photo/326707">Hosted by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Alberto Galassi, alongside Chief Commercial Officer Stefano de Vivo, the duo teased a selection of the new models, which includes several yachts which are due to make their debut at the upcoming shows this season.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> announced that they had a fleet of 21 boats attending this year’s <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a> with no less than six premieres from the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> and <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> brands.This comes amidst <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s recent appointment of the new Chairman of the Board of Directors, Jiang Kui.&nbsp;Alberto Galassi, CEO of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, expressed the company's ambition to exceed its previous achievements by launching more than its 2021 to 2023 benchmark of 24 new models. Galassi highlighted the firm's aggressive investment strategy, noting that <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has allocated €77 million to its expansion efforts in just the first half of 2024.&nbsp;During the press conference, Galassi noted that 52 percent of clients were repeat customers from across the seven brands, with the new models aimed at bridging the gap between the current existing fleet.&nbsp;Amongst the new models announced were the wallywhy100, which will be making her world premiere at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a> and the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 38 and wallywind110, with more details due to be announced on these models soon.Other notable models due to join the fleet include, a new <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> model which will sit in size between the 860 and 1000 model and the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> 940, which has already seen three hulls sold since its recent private preview. &nbsp;The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> will also see new models in its <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> brand, with the addition of the 54 Metri project and the 112 DolceVita Super yacht, which features exterior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana</a>.&nbsp;

Ferretti Group reveals plan for 25 new models between 2024 and 2026

The Ferretti Group has announced at the Cannes Yachting Festival 2024, that it will be introducing 25 new models to its portfolio from 2024 to 2026.

<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is negotiating the acquisition of a shipyard in Viareggio, where it plans to build a new 40-metre <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> maxi yacht. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also plans to extend production beyond 40 metres, using aluminium at the new yard. In addition, new <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> offices will be built in Rapallo, Italy.This announcement was made by CEO Massimo Perotti, alongside <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Chairman Leonardo Ferragamo, onboard the 50-metre <a data-gid="gid://syiq/Yacht/11733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almax49.99m (164'0&quot;)Sanlorenzo2024">Almax</a>&nbsp;during a press briefing at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>.<img src="https://photo-assets.superyachttimes.com/photo/326529/image/large-6ee3e933ce2f68982afaac99e4bf3877.jpg" data-gid="gid://syiq/Photo/326529">Two distinct brand identitiesDespite the acquisition, Perotti made it clear that the two brands will remain distinct. “One is a motor yacht builder, the other a sailing yacht manufacturer. They’ll never share offices or sales networks, and you won’t see them together at boat shows. They will remain two distinct mono-brands,” stated Perotti during the press conference. <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> will maintain its operations in Finland, while Ferragamo will retain his role as chairman and join <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> as vice president. <img src="https://photo-assets.superyachttimes.com/photo/326530/image/large-b55157a3c4800e17e5cf55e5f4ec035d.jpg" data-gid="gid://syiq/Photo/326530">Sanlorenzo expects to boost <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>’s profitability through better procurement and production efficiencies. Perotti highlighted how improving lead times for yacht construction could lead to higher EBITDA margins, benefiting from Sanlorenzo’s supply chain strength. However, production will remain in Finland, ensuring <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>’s heritage and expertise stay intact. <img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779"><a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> celebrated for its Swan, Maxi Swan, and ClubSwan sailing yachts, along with its Shadow and Arrow motor yachts, now partners with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to form a powerhouse in the luxury yachting world. Four <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> maxi yachts have already been sold this summer. Both companies are known for their commitment to quality, innovation, and sustainability. This partnership aims to merge the strengths of motor and sailing yachts into a new market segment, underlining both brands’ leadership in eco-friendly yachting.Synergy in sustainability<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has pioneered sustainable technology in the industry, focusing on carbon neutrality, with goals of using green hydrogen and methanol in their yachts. The collaboration with <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, which shares similar values, highlights <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s dedication to creating a future with sustainable luxury yachts.<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s commitment to sustainability continues to drive its strategy, as the company leads efforts to reduce the environmental impact of recreational boating. Collaborating with industry leaders like Siemens Energy, Volvo Penta, and Rolls-Royce, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is pushing boundaries to achieve carbon neutrality by 2030.<img src="https://photo-assets.superyachttimes.com/photo/326473/image/large-f5c916eb19f1d02248f4a612d87641bc.jpg" data-gid="gid://syiq/Photo/326473">At the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> unveiled two major eco-friendly milestones: the delivery of the 50Steel superyacht, the world’s first to feature a green methanol Reformer Fuel Cell system, and the launch of the hydrogen-powered chase boat BGH-HSV, designed for the <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup - 2024 - 37th America's Cup Barcelona">America’s Cup</a>. Both vessels represent significant advances in reducing carbon emissions, with the 50Steel capable of staying at anchor for 85 percent of its time emission-free, slashing annual emissions by up to 30 percent.<ul><li style="font-style: italic;">Read:&nbsp;<a href="https://www.superyachttimes.com/yacht-news/sanlorenzo-50steel-yacht-almax-interiors" rel="noopener noreferrer" target="_blank" title="">Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht</a></li></ul><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has ambitious plans for the future, including the debut of bi-fuel engines by 2027, which will run on 80 percent methanol and 20 percent diesel. “By 2030, we aim for full methanol-powered yachts, but this will require infrastructure changes across Europe,” said Perotti during the press conference.New Sanlorenzo models<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s Bluegame division continues to spearhead sustainability efforts, unveiling the innovative <a data-gid="gid://syiq/YachtModel/13303" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame BGM7522.7m (74'6&quot;)">BGM75</a> at <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes</a>. This multihull yacht, designed with fuel efficiency in mind, sets new standards in eco-conscious yachting. The <a data-gid="gid://syiq/YachtModel/13303" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame BGM7522.7m (74'6&quot;)">BGM75</a>, developed with Smart Gyro stabilisers and featuring an optimised hull design by Philippe Briand, significantly reduces CO2 emissions. Looking ahead, Bluegame is working on the BGM65HH, a hydrogen-hybrid multihull yacht expected to debut in 2027.<img src="https://photo-assets.superyachttimes.com/photo/326534/image/large-43223a2b1bef25aa56865cdb42c31ae3.jpg" data-gid="gid://syiq/Photo/326534"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also revealed new models at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a>, including the world premieres of the <a data-gid="gid://syiq/Yacht/13947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SL86A/86026.6m (87'3&quot;)Sanlorenzo2024">SL86A</a> and <a data-gid="gid://syiq/YachtModel/13070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SP9227.95m (91'8&quot;)">SP92</a>. The <a data-gid="gid://syiq/Yacht/13947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SL86A/86026.6m (87'3&quot;)Sanlorenzo2024">SL86A</a> showcases a reimagined asymmetry design, maximising space and enhancing the connection with the sea, while the <a data-gid="gid://syiq/YachtModel/13070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SP9227.95m (91'8&quot;)">SP92</a> focuses on high performance with a commitment to sustainability.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/326535/image/large-b93a0dcc612ac803af0034bce842a058.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240910%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240910T103623Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=72d6020334c25c369e5ef01c5a582500e47521c548dfdd1822271c4fc4a81f1d" data-gid="gid://syiq/Photo/326535">In addition, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> displayed a wide array of yachts from its current lineup, including the <a data-gid="gid://syiq/Yacht/13947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SL86A/86026.6m (87'3&quot;)Sanlorenzo2024">SL96A</a>, <a data-gid="gid://syiq/YachtModel/12731" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SX10030.53m (100'2&quot;)">SX100</a>, and <a data-gid="gid://syiq/YachtModel/8934" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SD11835.75m (117'3&quot;)">SD118</a>, showcasing the company’s versatile offerings in the luxury yachting market.

Sanlorenzo plans to acquire Viareggio shipyard for new 40m Nautor Swan yacht

Sanlorenzo is negotiating the acquisition of a shipyard in Viareggio, where it plans to build a new 40-metre Nautor Swan maxi yacht. 

The <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority</a> (<a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>) has introduced Saudi Arabia’s first regulation specifically governing yacht activities within its territorial waters. This new regulation provides a comprehensive framework for managing yacht operations, detailing the necessary requirements and conditions, and overseeing the issuance of tourism and leisure licences. It also emphasises environmental protection, sustainability, and compliance with safety standards, reflecting <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s commitment to promoting a sustainable coastal tourism sector.<img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">Aligned with <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s mandate, the regulation establishes service standards and guidelines for coastal tourism activities, ensures the protection of the marine environment in the Red Sea, and aims to foster greater engagement among both practitioners and enthusiasts. These efforts are designed to enhance user experiences and support the sustainable growth of the coastal tourism sector.The regulation sets out the conditions and procedures for issuing technical licences for leisure tourism, specifying the criteria required for yacht owners or authorised maritime tourism agents. It further defines the requirements for obtaining tourism chartering licences, which include the involvement of a licensed maritime tourism agent or yacht management company, a signed contract between the agent and the charterer, secure marina-to-yacht access, and an onboard safety guide tailored for tourism charters.Additionally, the regulation details the procedures for obtaining a tourism trip permit within Saudi Arabia's Red Sea waters, including mandatory documentation such as passenger information, sailing destinations, and the chartering contract.Regarding water toys, the regulation requires obtaining the necessary approvals and licences for activities such as recreational fishing, diving, and other similar pursuits. It mandates a clear usage guide for all water-based activities, a comprehensive response plan outlining rescue and first aid procedures, the provision of life jackets, and designated activities for children.The regulation also mandates the issuance of required licences, sets specifications for chartering yachts, and ensures that all safety and environmental protection measures are upheld on board. It further emphasises the rights of people with disabilities, promotes the preservation of the marine environment by minimising plastic use and preventing pollution, requires adherence to safe navigation guidelines, and ensures that charterers comply with the terms of their contracts.The introduction of the new regulation coincides with the launch of SRSA’s awareness campaign, “More Than a Sea,” through which the Authority underscores its role in developing a thriving coastal tourism sector. The campaign highlights <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>'s efforts in setting policies, strategies, plans, programmes, and initiatives essential for regulating navigational and marine tourism activities, as well as issuing licences and permits.

Saudi Red Sea Authority issues first yacht regulations

The Saudi Red Sea Authority has introduced Saudi Arabia’s first regulation governing yacht activities within its territorial waters.

In their most recent financial disclosure, the Board of Directors of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> examined and approved the consolidated half-year financial report as of 30 June 2024.<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979">Summary<ul><li>In the first half of 2024, net revenues from new yacht sales, identified as 'Net Revenues New Yachts,' amounted to €415.1 million, a 6.9% increase from €388.4 million during the same period in 2023. The breakdown by region indicates varied performance: revenues in the Americas grew by 9.2%, while the Asia-Pacific (APAC) region saw an increase of 20.9%. The Middle East and Africa (MEA) region recorded a significant rise of 142.0%. In contrast, Europe registered a decline of 9.9%. </li><li>EBITDA reached €74.2 million, marking a 9.7% increase from €67.7 million in the first half of 2023. This resulted in an EBITDA margin of 17.9% on Net Revenues from New Yachts, an improvement of 50 basis points. </li><li>EBIT stood at €58.0 million, reflecting a 9.1% increase from €53.1 million in the first half of 2023. This corresponds to a 14% margin on Net Revenues from New Yachts, which is an increase of 30 basis points. </li><li>Group Net Profit reached €43.6 million, an increase of 11.6% compared to €39.0 million in the first half of 2023. This resulted in a net profit margin of 10.5% on Net Revenues from New Yachts, up by 40 basis points. </li><li>Organic Net Capex was reported at €20.5 million, accounting for 4.9% of Net Revenues from New Yachts, with approximately 90% allocated to expanding industrial capacity and developing new models and product lines. Additionally, net investments tied to the consolidation of the <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group totaled €12.6 million, resulting in a Total Net Capex of €33.1 million for the period. </li><li>The Net Cash Position stood at €102.2 million, following a dividend payout of €34.3 million in the second quarter. Despite the financial impacts of acquiring the <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group and the non-recurring cash absorption for normalising working capital, the balance sheet remains robust. Without these factors, the net cash position would have been €126.1 million, underscoring the company’s strong liquidity and continued capacity for investment opportunities. </li><li>The gross backlog stood at €1,364.6 million, consistent with the record levels maintained in previous years on the same date. Of this, €741.2 million is allocated for 2024, covering 83% of the annual guidance, with the remaining €623.4 million scheduled for distribution in subsequent years. This backlog provides an exceptional level of visibility, with 88% of it comprising orders from final clients. </li><li>The order intake reached €323.0 million. This level was achieved despite the transient effects of implementing and ramping up a direct distribution strategy, which included acquiring <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> and incorporating <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> MED. These changes introduced an additional delay between sell-in and sell-out phases. As of 30 June 2024, the net backlog stood at €950.0 million, exceeding one times the annual revenues and substantially surpassing pre-Covid 'normal' levels.</li></ul>Massimo Perotti, Chairman and CEO, stated: “In the first half of 2024 and until today, we have faced and overcome several challenges with determination and a dynamic approach, fully reflected in our positive results. First and foremost, we have maintained our planned growth trajectory, further expanding margins and consolidating a robust net backlog, in the context of a complex and uncertain global macroeconomic and geopolitical environment, from which even high-end luxury has not been immune.”<img src="https://photo-assets.superyachttimes.com/photo/319400/image/large-61e24b536e7293fae90291fd0d189ce5.jpg" data-gid="gid://syiq/Photo/319400">Consolidated net revenues new yachtsIn the first half of 2024, net revenues from new yachts reached €415.1 million, representing a 6.9% increase from €388.4 million in the same period of the previous year.The Yacht Division recorded net revenues of €241.7 million, a slight increase of 1% compared to €239.3 million in the first half of 2023.The Superyacht Division reported net revenues of €124.4 million, a growth of 17.6% from €105.8 million in the same period of 2023, driven by strong performance in the Alloy and Steel lines.Meanwhile, the Bluegame Division achieved net revenues of €49.0 million, up 13.1% from €43.2 million in the first half of 2023, supported by the continued success of the BGX73 model.The geographical breakdown reveals a rebound in the Americas, with revenues increasing by 9.2%. The Asia-Pacific (APAC) region recorded growth of 20.9%, excluding Greater China, while the Middle East and Africa (MEA) region saw sustained growth of 142.0%. Europe experienced a decline of 9.9%, attributed to a strong comparison base from the first half of 2023, which saw a significant increase of 37.1% compared to the first half of 2022.Consolidated operating and net resultsEBITDA reached €74.2 million, a 9.7% increase from €67.7 million in the first half of 2023, with a margin of 17.9% on net revenues from new yachts, up by 50 basis points.EBIT reached €58 million, a 9.1% increase from €53.1 million in the first half of 2023, with a margin of 14% on net revenues from new yachts, up by 30 basis points. This growth reflects the impact of recent investments in product development, increased production capacity, and recent acquisitions.Pre-tax profit amounted to €60.4 million, up by 11.6% compared to €54.1 million in the first half of 2023.Group net profit reached €43.6 million, up by 11.6% compared to €39.0 million in the first half of 2023. The margin on Net Revenues New Yachts is equal to 10.5%, up by 40 basis points compared to the same period of the previous year. <img src="https://photo-assets.superyachttimes.com/photo/289245/image/large-500b25b57fef38c2479f03d4e2bac261.jpg" data-gid="gid://syiq/Photo/289245">Consolidated balance sheet and financial resultsNet working capital was positive at €2.1 million as of 30 June 2024, compared to a negative €34.9 million on 31 December 2023 and a negative €75.6 million on 30 June 2023. This improvement reflects a return to the typical seasonality of the business, driven by (i) intensive fitting activity for yachts approaching the delivery season in the Mediterranean, and (ii) a normalised order intake aligned with typical first-half levels, resulting in lower customer advances following the post-Covid period.Inventories totaled €130.1 million, an increase of €44.6 million from 31 December 2023 and €41 million from 30 June 2023. This growth is primarily driven by raw materials and work-in-progress products, reflecting the expanding order backlog.&nbsp;Finished products amounted to €35.7 million, up by €13.6 million from year-end 2023, consisting of €25.3 million in pre-owned yachts and €10.3 million in new yachts awaiting delivery. Of the pre-owned yachts, mainly in the American market, €6.5 million pertains to yachts already sold for delivery in the coming months.Organic net investments in the first half of 2024 totalled €20.5 million, up from €13.1 million in the same period of the previous year, with around 90% allocated to expanding industrial capacity and developing new models and product lines. These investments represented 4.9% of net revenues from new yachts, reflecting a growing revenue base, while the average investment required for new model development remained stable. Including the consolidation of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group, total investments reached €33.1 million.The net cash position as of 30 June 2024 was €102.2 million, down from €140.5 million on both 31 December 2023 and 30 June 2023. This decrease reflects temporary cash absorption due to (i) the acquisition of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group, (ii) the normalisation of net working capital following intensive yacht fitting activity ahead of the Mediterranean delivery season and a return to typical first-half order levels post-Covid, and (iii) a dividend payment of €34.3 million.BacklogAs of 30 June 2024, the gross backlog was €1,364.6 million, slightly down from €1,421.1 million a year earlier. This includes €741.2 million allocated to 2024, covering 83% of the annual guidance, and €623.4 million assigned to future years, ensuring strong visibilityThe net backlog stood at €950 million, exceeding one year's revenue and remaining above pre-Covid levels.Order intake for the first half of 2024 totalled €323 million, with €168.1 million in the first quarter and €154.8 million in the second quarter. This reflects normalised levels consistent with typical first-half seasonality, despite the temporary effects of implementing a direct distribution strategy, including the acquisition of Simpson Marine and the launch of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> MED, which has extended the time between sell-in and sell-out.Guidance 2024While closely monitoring broader market conditions, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> reaffirms its organic guidance for 2024. This outlook now includes the contribution of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Group for the five-month consolidation period from August to December.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">Commenting on the future outlook, Perotti stated: "We have successfully completed two innovative projects that mark key milestones in our ambitious journey towards more sustainable yachting. This summer, we delivered the 50Steel, equipped with a green methanol reformer-fuel cell system for on-board hospitality services, and two BGH tenders with hydrogen propulsion for America's Cup challengers.In line with our strategy for a sustainable product portfolio, the acquisition of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> in early August demonstrates our ability to identify high-potential investment opportunities and integrate them with a long-term industrial vision consistent with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s philosophy. <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> is an extraordinary brand with which we can create significant synergies, contributing substantially to the Group's results. We move forward with great optimism, confident in our strength and the soundness of our strategic choices.”

Sanlorenzo reports H1 financial report

The Board of Directors of Sanlorenzo have examined and approved the consolidated half-year financial report as of 30 June 2024.

Sanlorenzo reports 11.6% increase in group net profit for H1

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced that Stefano de Vivo has departed from his position as Chief Commercial Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>.<img src="https://photo-assets.superyachttimes.com/photo/83726/image/large-dbe1fc34677b5128cb0f4de495c81226.jpg" data-gid="gid://syiq/Photo/83726">Stefano de Vivo will be leaving the role after serving the company for over a decade. Stefano de Vivo has decided to fully commit to his Family Office, where he will take on the role of CEO beginning 1 November 2024.Stefano de Vivo will remain connected 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> by providing technical consultancy to support the development of the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Sail business. Under his previous leadership, the Group has seen its revenues more than quadruple.“At my side for over a decade as Chief Commercial Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, Stefano thanks to his professionalism, dedication and expertise contributed to the achievement of the important goals that the Company has reached in recent years,” explained Alberto Galassi, CEO of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/312272/image/large-c91e06863903a886e2f3c779ad496fa9.jpg" data-gid="gid://syiq/Photo/312272">The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> will follow its established succession plan, with de Vivo collaborating closely with CEO Alberto Galassi and the Chief HR Officer to ensure a smooth transition.“De Vivo decided to leave to pursue other endeavours. On behalf of everyone at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, I thank him for his efforts, particularly in product development and sales, which have left our Group in excellent shape with a bright future ahead.”&nbsp;“Looking ahead, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, along with its organisation, new products range already defined for the coming years and highly capable management team, is ready to continue with the growth path already undertaken,” concluded Alberto Galassi.

Stefano de Vivo leaves role as Ferretti Group CCO & Managing Director of Wally

The Ferretti Group has announced that Stefano de Vivo has departed from his position as CCO of Ferretti Group and Managing Director of Wally.

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Ferretti Group announces Stefano de Vivo’s departure as CCO 

<a data-gid="gid://syiq/Company/6651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ShadowCAT (Company)">Shadowcat</a> has unveiled the first renderings of a new 72.8-metre support vessel concept, Catfish. Developed as an expedition vessel, the catamaran will be able to carry and deploy a custom 18.6-metre sportfisher yacht. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/328613/image/large-ede9dc01fda1af377ef533c8c8025658.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240919%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240919T152158Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=8bc39e2f024aca5e24030fd3680e3f8b2c608446c61d5d2832ed7c622253a6fa" data-gid="gid://syiq/Photo/328613">Designed for a true ocean sport enthusiast, Catfish features in-house interior layout and design, supported by Theodoros Fotiadis of <a data-gid="gid://syiq/Company/5704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Theodoros Fotiadis Design (Company)">T.Fotiadis Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/1377" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Incat Crowther (Company)">Incat Crowther</a>. Constructed entirely from marine-grade aluminum, Catfish aims to leverage her lightweight and fuel-efficient platform to set a new standard for expedition yachting.Key features onboard Catfish include, a certified EC135 helipad and hanger, sportfisher davits with a total safe working load of 45 tonnes, a fish station and freezer, a bait and tackle shop, a hospital and chamber room and a dive room.&nbsp; <iframe width="640" height="360" src="https://player.vimeo.com/video/1011011838?share=copy#t=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> “Unlike traditional monohulls, which are often limited to launch and recovery in harbour conditions, this catamaran and its unique wave-compensation davits can handle operations in 1.5-metre seas, with a maximum roll of just six degrees and a pitch of three degrees,” explained Shadowcat.Boasting an impressive beam of 15.5-metres and an internal volume of 2,200 GT, Catfish will be able to accommodate up to 10 guests across five staterooms on the upper deck, including a VIP suite situated forward with an office/lounge area and large ensuite bathroom.<img src="https://photo-assets.superyachttimes.com/photo/328611/image/large-9441f7d5b6b5ed7c34c9d82b08843686.png" data-gid="gid://syiq/Photo/328611">The remaining guest staterooms consist of four double suites amidships, while eight twin and two single crew cabins can be found on the main deck and her captain’s cabin and office are situated on the wheelhouse deck.Catfish also boasts a ‘Mariner’s Den’, with a large fold out balcony, generous lounge space and a bar and gyroscopic pool table. A glass-enclosed submersible garage and various toys can also be viewed via the lounge’s roll up door, which provides a fully open-air relaxation space. <iframe width="640" height="360" src="https://player.vimeo.com/video/1011011959?share=copy#t=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> Guests will be able to take advantage of a plethora of toys and tenders onboard, such as an 18.6-metre custom sportfisher yacht, 12-metre and eight-metre RIBS, a <a data-gid="gid://syiq/Company/4195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Triton (Company)">Triton</a> 660/7 submersible for six and five Jet Skis.In terms of propulsion, Catfish will be able to reach a top speed of 21 knots, with a cruising speed of 14 knots.<img src="https://photo-assets.superyachttimes.com/photo/328612/image/large-c17112b96a0ebeef3d78b9a58fc9a59d.png" data-gid="gid://syiq/Photo/328612">

Shadowcat’s new 73m support catamaran concept Catfish

Shadowcat has unveiled the first renderings of a new 72.8-metre support vessel concept, Catfish

Shadowcat reveals new 73m support catamaran concept Catfish 

The 48.68-metre <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> superyacht <a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> has been sold in an in-house deal by brokers from <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. Extensively refit in 2023 at <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico</a>, <a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> was presented to the market in excellent condition with a distinctive dark blue hull and white superstructure.<img src="https://photo-assets.superyachttimes.com/photo/280594/image/large-40c52e1b71fa6470e89ec948fcb0d290.jpg" data-gid="gid://syiq/Photo/280594">Built in 2017, her original interiors were designed by <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Team for Design - Enrico Gobbi</a>, while her naval architecture was undertaken by <a data-gid="gid://syiq/Company/1234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrabito Naval Architects (Company)">Arrabito Naval Architects</a>. During her refit <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a> renovated her interiors with a clean natural decor incorporating marbles, woods and linen.<img src="https://photo-assets.superyachttimes.com/photo/280376/image/large-2ceea72125d4a89396ef1871bda7e71e.jpg" data-gid="gid://syiq/Photo/280376"><img src="https://photo-assets.superyachttimes.com/photo/280379/image/large-f3153fb8e6061f7b5f8f1e9c65d39879.jpg" data-gid="gid://syiq/Photo/280379">The yacht can accommodate up to 10 guests onboard, with five guest staterooms, including a main deck owner’s suite, two VIPs, and two twins. The owner's suite exudes a contemporary yet classical style and is equipped with an office, reading nook, two drop-down balconies, and unobstructed panoramic views.<img src="https://photo-assets.superyachttimes.com/photo/280380/image/large-b5e70ed60751f9625a0ffa9cc63d4069.png" data-gid="gid://syiq/Photo/280380"><img src="https://photo-assets.superyachttimes.com/photo/280383/image/large-56e7af63aafb51fddefdf3ce55aeb620.png" data-gid="gid://syiq/Photo/280383">Performance-wise, she sports twin <a href="https://sya.superyachttimes.com/companies/caterpillar-inc" target="_blank">Caterpillar</a> C32 Acert diesel engines with a combined 2,598 horsepower. She is able to reach a top speed of 15 knots and a cruising speed of 14 knots. <img src="https://photo-assets.superyachttimes.com/photo/280389/image/large-8949efcd586724d23d61e8cd96cda4e5.jpg" data-gid="gid://syiq/Photo/280389"><a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> had a last known asking price €23,500,000. <img src="https://photo-assets.superyachttimes.com/photo/280396/image/large-aa7c6045971de353d417ce0b4ba2ec53.png" data-gid="gid://syiq/Photo/280396">

Rossinavi yacht N2H sold

The 49m Rossinavi yacht N2H has been sold in an in-house deal with Edmiston yacht brokers.

49m Rossinavi superyacht N2H sold

The 40.25-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy </a>superyacht <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a> sold, with <a data-gid="gid://syiq/Company/2110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Masters (Company)">Yacht Masters</a> introducing the buyer, and <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess&nbsp;</a>representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/291017/image/large-32872df87e97d92a824859cede283ae0.png" data-gid="gid://syiq/Photo/291017">Delivered by her Australian shipyard in 2005, the flybridge yacht features exterior design and naval architecture by <a data-gid="gid://syiq/Company/35" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Naval Architects Ltd. (Company)">Dubois Naval Architects</a>, as well as interior styling created by <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey Designs</a>. <img src="https://photo-assets.superyachttimes.com/photo/291027/image/large-496e11eea6f2c8532c6699d8e03d6e1c.png" data-gid="gid://syiq/Photo/291027"><img src="https://photo-assets.superyachttimes.com/photo/291020/image/large-298081249cd41b8b3b1b065d3cc49012.png" data-gid="gid://syiq/Photo/291020">With a volume of 294 GT and a beam of 8.5-metres, the yacht is capable of hosting as many as 10 guests across her five staterooms, and is also able to support a crew of up to six members onboard.<img src="https://photo-assets.superyachttimes.com/photo/291023/image/large-61b9098cbadb4c339bb77ab9a2ed9781.png" data-gid="gid://syiq/Photo/291023"><img src="https://photo-assets.superyachttimes.com/photo/291021/image/large-03cae57b8cf569beb19b99c1d25fecb3.png" data-gid="gid://syiq/Photo/291021"><img src="https://photo-assets.superyachttimes.com/photo/291019/image/large-f8ffc43bd4c6ef77dacd9d7b3e880f12.png" data-gid="gid://syiq/Photo/291019">Thanks to her shallow draft of only 1.89-metres, the superyacht is well-suited to accessing various low anchorage points, such as reefs, coves, and coastlines for a scenic cruising experience. <img src="https://photo-assets.superyachttimes.com/photo/291032/image/large-5f8323cf1cc1875b535e3f1cc17dae25.png" data-gid="gid://syiq/Photo/291032"><img src="https://photo-assets.superyachttimes.com/photo/291033/image/large-63150041a90cf43f8eb3a9ae1f603f0a.png" data-gid="gid://syiq/Photo/291033"><img src="https://photo-assets.superyachttimes.com/photo/291029/image/large-c5325bbc61cae8a81ec29d43149a144e.png" data-gid="gid://syiq/Photo/291029">Regarding her performance, <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</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&nbsp;</a>engines that propel her to a cruising speed of 13 knots along with a top speed of 16.5 knots. At the time of her sale, she had a last known asking price of €8,750,000.<img src="https://photo-assets.superyachttimes.com/photo/292042/image/large-d34f31537fb7d50f1ebfc7a2a8f378e5.jpg" data-gid="gid://syiq/Photo/292042"><img src="https://photo-assets.superyachttimes.com/photo/291035/image/large-c450b7f3bd2c970b0332c4e05d204ca2.png" data-gid="gid://syiq/Photo/291035">

40m Alloy yacht Ad Lib sold 

 The 40.25-metre Alloy superyacht Ad Lib sold, with Yacht Masters introducing the buyer, and Burgess representing the seller. 



40m Alloy superyacht Ad Lib sold 

The 27.96-metre <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> motor yacht <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> sold in an in-house deal with Eric Frank of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> representing both the buyer and seller during negotiations.<img src="https://photo-assets.superyachttimes.com/photo/278281/image/large-6d8c1b23487355c91324644643b1becb.jpg" data-gid="gid://syiq/Photo/278281">Delivered in 2016 as part of the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 92 series, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> features interior and exterior design by <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni Yacht Design</a>, while her naval architecture was penned by her Italian builder <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>.<a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016"><img src="https://photo-assets.superyachttimes.com/photo/273664/image/large-2b8cc61b809e46c4b14d18f06ff60a94.jpg" data-gid="gid://syiq/Photo/273664"><img src="https://photo-assets.superyachttimes.com/photo/273665/image/large-7608fb3e3e6a8d3367a47b25bc060fd1.png" data-gid="gid://syiq/Photo/273665">MorningStar</a> showcases a modern interior design with a contemporary main saloon. Light furnishings are illuminated by ample windows to create a welcoming ambiance, while flooding the space with plenty of natural light. <img src="https://photo-assets.superyachttimes.com/photo/273672/image/large-1c9796d6dfbd18755f726108013e6fb4.jpg" data-gid="gid://syiq/Photo/273672"><img src="https://photo-assets.superyachttimes.com/photo/273670/image/large-9bbb4568a736daf9eb400b3075a038e0.jpg" data-gid="gid://syiq/Photo/273670"><img src="https://photo-assets.superyachttimes.com/photo/273669/image/large-5242fdbb453bf101f70f9f89ddb79064.png" data-gid="gid://syiq/Photo/273669"><a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> can comfortably accommodate up to eight guests across a four stateroom configuration, with her full-beam master suite situated amidship on the lower deck, alongside twin mirrored twins and a VIP at her bow.<img src="https://photo-assets.superyachttimes.com/photo/278287/image/large-ccd9351c6a4cc3d50fb69680ac6dce30.jpg" data-gid="gid://syiq/Photo/278287"><img src="https://photo-assets.superyachttimes.com/photo/278279/image/large-8f53eb4a774151aff75ebbfe7d69874e.jpg" data-gid="gid://syiq/Photo/278279">In terms of performance, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> is powered by <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a cruising speed of 28 knots and a top speed of 41 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> had a last known asking price of $3,950,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273660/image/large-67b5943cfc101d508dc766bdc1abc822.png" data-gid="gid://syiq/Photo/273660">

28m Pershing yacht MorningStar sold in-house by Allied Marine

The 28m Pershing yacht MorningStar sold in a deal with Allied Marine. At the time of her sale she had a last known asking price of $3,950,000. 

28m Pershing 92 motor yacht MorningStar sold in-house 

Evolving from a small-scale operation into a multi-service organisation, <a data-gid="gid://syiq/Company/5584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MennYacht Group (Company)">MennYacht Group</a> has come a long way since its creation in 1994. Still presided over by the original founder Matjaž Murko today, the company now represents several brands of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and operates across various Central and Eastern European countries, with a strong presence along the Adriatic coast.<img src="https://photo-assets.superyachttimes.com/photo/328602/image/large-f0b53309825f90cea989c7c504d55069.jpg" data-gid="gid://syiq/Photo/328602">What led to your entry into the yachting industry?I was born in Germany and moved to Slovenia in 1972 when I was ten years old. Shortly thereafter, I joined a well-known sailing club in Slovenia named Pirate. From a young age, I exhibited an entrepreneurial spirit; my first venture was founding a windsurfing school with a friend, catering to tourists on the beach. It's important to note the geographic significance of Slovenia, which is bordered by Italy to the west and Croatia to the south and east. Slovenia attracts many visitors from the Czech Republic and other Eastern European countries. Additionally, our linguistic similarities foster a welcoming environment for these tourists.This early experience further fueled my interest in the nautical industry, which prompted me to explore additional opportunities. My breakthrough came at the Genoa Boat Show in 1994, where I discovered the Pershing brand. Just a few months later, I signed a contract with the shipyard and acquired two yachts, a 60-footer and a 70-footer and began actively promoting Pershing in the Adriatic.<img src="https://photo-assets.superyachttimes.com/photo/328599/image/large-fe3e86a9dd94651ebd8b14f1582ea966.jpg" data-gid="gid://syiq/Photo/328599">Could you elaborate on your close ties with various Ferretti Group brands and how it came to be that you represented them?In 1998, following <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>'s acquisition by the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Pershing recommended us as a dealer for <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands in Austria, Slovenia, and other parts of Europe. We promptly signed the contract and officially started our dealership with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> in 2000. As the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> expanded and integrated brands such as Riva, we also began representing them in our markets.Currently, we represent all <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands, except for CRN and Wally, across several regions. Our markets include Austria, Germany (specifically clients in the Adriatic region for <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, and Itama), the Czech Republic, Slovakia, Slovenia, Hungary, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, and Albania. Over the past twenty years, these countries have seen economic development, though they still face certain challenges. Despite our wide geographic reach, we encounter specific local preferences. In Hungary for example, there is a strong preference for conducting business in Hungarian. As a result we maintain an office in Budapest to accommodate this need, despite its landlocked location. We also have an office in Prague, Czech Republic, and one in Belgrade, Serbia. These different locations allow us to offer bespoke services, adapted to the local business culture.<img src="https://photo-assets.superyachttimes.com/photo/328598/image/large-821263695bb15703bea192a6f86d08b3.jpg" data-gid="gid://syiq/Photo/328598">What strategies did MennYacht employ to successfully expand into Eastern European marketsFrom the outset, establishing comprehensive services was crucial, encompassing not only yacht sales but also dedicated maintenance and support. When operations began, back in 1994, sourcing essential components such as generator impellers posed significant challenges. Damage to an impeller could disable the entire generator, disrupting critical onboard functions, including cooking, yet obtaining these components was complicated by supply distribution issues. Indeed, Slovenia and Croatia were not part of the European Union at that time, leading to intricate customs and logistics scenarios.To address these challenges, we significantly expanded our service network, which now covers all major marinas and key cruising locations along the Adriatic coast. Thanks to our local network and expertise, we are known for our rapid response times, a fact acknowledged by our clients and competitors alike.Our team comprises highly experienced professionals, some of whom have been with us for 15-20 years. With the increasing complexity of yachts due to advanced technology and design features, it is imperative to stay at the forefront of service excellence. In collaboration with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, we have played a crucial role in providing ongoing educational programs for our workers, ensuring they are well-prepared to meet contemporary challenges.<img src="https://photo-assets.superyachttimes.com/photo/328604/image/large-97e4aaf81a00cf9ce7c98bb81c584023.jpg" data-gid="gid://syiq/Photo/328604"> How do events contribute to the MennYacht brand and client engagement?Alongside our 30th anniversary celebrations, we hosted significant events such as the Gala Yacht Ball and Summer Breeze at Ravni Zakan. These occasions allow us to engage deeply with our clientele in a setting that highlights both our latest offerings and our rich legacy. Moreover, we hosted a similar event last year where we invited all our clients and provided entertainment with <a data-gid="gid://syiq/Company/5733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Technohull (Company)">Technohull</a> luxury RIBs, for which we are also the official regional dealers.These events, along with our yearly magazine and our 30th anniversary book, significantly enhance client engagement. Crucially, they also provide us with deeper insights into our clients' perspectives, such as whether they are considering acquiring a new yacht because their current one is becoming outdated or too small. To be successful in today's market, it is not enough to be a dealer; a 360-degree approach is required.<img src="https://photo-assets.superyachttimes.com/photo/328597/image/large-1a06b306801dedc5024d56cc19d873f5.jpg" data-gid="gid://syiq/Photo/328597"> Any future plans you would like to unveil?In recent years, we've significantly advanced our marketing efforts, collaborating with media companies and promoting our 30th anniversary. Despite these successes, we recognise areas that require further improvement.Currently, like many in the industry, we face a shortage of skilled labour, particularly mechanics and electricians. The growth of our fleet has outpaced our staffing capabilities, highlighting the critical need to balance the number of yachts with employee recruitment to enhance our operations.Moreover, we have been improving our technological capabilities by investing in software programs that aim to more efficiently understand the yachts clients desire. This will better facilitate our sales strategies and improve our ability to track client inquiries and preferences. For instance, if a client expressed interest in a specific type of superyacht a year ago, these new systems will allow us to process that information more quickly and accurately. We have a dedicated team, much like a family, where each member, including my son, plays a crucial role. Together, we are committed to continuing our legacy for many more years to come. This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" rel="noopener noreferrer" target="_blank" title="">available for download here.</a>

In conversation with Matjaž Murko of MennYacht Group

Founder Matjaž Murko on MennYacht's strong relationship with the Ferretti Group and its expanding presence in the Adriatic.

<a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a> has unveiled the first renderings of the 56.5-metre superyacht concept Voyage. Developed in collaboration with <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>, Voyage is designed with adventure and exploration in mind.<img src="https://photo-assets.superyachttimes.com/photo/328553/image/large-df1df382e64c17755dfb15e06b3664e8.jpg" data-gid="gid://syiq/Photo/328553">The explorer yacht features a sleek and modern exterior design, with smooth flowing lines and sweeping curves. Voyage is characterised by expansive windows and a streamlined profile, both of which add to her contemporary charm.<img src="https://photo-assets.superyachttimes.com/photo/328560/image/large-e69407c53d7618fd31bf2777729c67ac.jpg" data-gid="gid://syiq/Photo/328560">“Working closely with the <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a> team, we came together to develop a design that we felt would appeal to the new buyers looking to step up to a larger yacht with all the features this would bring,” explained Jonny Horsfield, Founder of <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>.“Based on recent enquiries I imagined a younger buyer who wanted to primarily focus on outdoor living, and an active lifestyle.”<img src="https://photo-assets.superyachttimes.com/photo/328564/image/large-0b76bc31f2b46f96726bfb26a186ff3f.jpg" data-gid="gid://syiq/Photo/328564">With a balanced mix of modern luxury and practical performance, Voyage features a clean and crisp silhouette, with an unusual bow shape and reverse hull curves to create a unique and surprisingly radical design.<img src="https://photo-assets.superyachttimes.com/photo/328559/image/large-dc154c14b93bc47d8260b9fea83ce7db.jpg" data-gid="gid://syiq/Photo/328559">“We started with the large pool on the aft deck cascading to the water below, and we located good sized tenders forwards in an enclosed main deck garage and this also allowed for a touch and go helicopter pad on the bow, in front of the sweeping panoramic view from the owners suite,” commented Jonny Horsfield.<img src="https://photo-assets.superyachttimes.com/photo/328566/image/large-526d8980c24e7232da06b71d31e71d69.jpg" data-gid="gid://syiq/Photo/328566">With her beam spanning an impressive 10-metres, Voyage boasts plenty of interior space, with a large open plan main saloon and dining area spanning 64 square-metres. Further forward on the main deck are three large guest staterooms, with two almost 20 square-metres suites situated forward and a third located amidships. <img src="https://photo-assets.superyachttimes.com/photo/328567/image/large-f358bf3a1e9b67a8f39f018adf706e18.jpg" data-gid="gid://syiq/Photo/328567">In total, Voyage can accommodate up to 10 guests, with a further two mirrored guest staterooms situated on the lower deck, with a sliding door allowing them to be transformed into a larger suite.<img src="https://photo-assets.superyachttimes.com/photo/328568/image/large-fffa318cc827cb96f4e77dab47193bac.jpg" data-gid="gid://syiq/Photo/328568">The master suite is situated on its own deck, with a 61 square-metre forward-facing master stateroom, private office, walk-in wardrobe and an ensuite bathroom. The owner also benefits from 270-degree panoramic views, a private deck and direct access to a 31.8 square-metre TV lounge.<img src="https://photo-assets.superyachttimes.com/photo/328569/image/large-2891e506e5c739f5c9ba5beb7cfb3bc9.jpg" data-gid="gid://syiq/Photo/328569">Voyage can accommodate a crew of up to 12, across five bunk cabins and a crew officer cabin on the lower deck, while her captain’s cabin is located on the bridge deck, alongside the yacht’s office.<img src="https://photo-assets.superyachttimes.com/photo/328570/image/large-7a7319ce15b63cbf0fc74b119f1c8690.jpg" data-gid="gid://syiq/Photo/328570">When it comes to exterior deck spaces, Voyage showcases a large aft deck with a combined swim platform to create a spacious relaxation zone. Her owner’s deck includes an alfresco dining area and sumptuous seating options, allowing guests to take advantage of the sea views.<img src="https://photo-assets.superyachttimes.com/photo/328565/image/large-0261be2afa3400c257162747da934b00.jpg" data-gid="gid://syiq/Photo/328565"><img src="https://photo-assets.superyachttimes.com/photo/328558/image/large-6968eed90c69bf14575625dff7f019c4.jpg" data-gid="gid://syiq/Photo/328558">Details surrounding her propulsion are yet to be revealed, but Voyage will also be able to carry a seven-metre tender forward in her enclosed garage and is also equipped with a helipad at her bow for enhancing accessibility and exploration for guests.<img src="https://photo-assets.superyachttimes.com/photo/328552/image/large-d70e7054d163dfc3b6559c13ac28739c.jpg" data-gid="gid://syiq/Photo/328552">

First look at 57m Turquoise explorer yacht concept Voyage 

Turquoise Yachts has unveiled the first interior renderings of the 57m superyacht concept Voyage, in collaboration with H2 Yacht Design.

Turquoise Yachts unveils new 57m explorer yacht concept Voyage

The hull of the third 50-metre<a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">&nbsp;Ada 50 Z</a> superyacht has been launched by her Turkish shipyard, <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a>. Slated for delivery in 2026, the motor yacht is composed of a steel hull and aluminium superstructure, which were constructed with the partnership of <a data-gid="gid://syiq/Company/7389" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norse Shipyard (Company)">Norse Shipyard</a>. She will now be transported via the sea to the <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a> shipyard in the Bodrum area, where she will undergo further manufacturing. <img src="https://photo-assets.superyachttimes.com/photo/328583/image/large-9f7f68a7af5372192958395d0480df16.jpeg" data-gid="gid://syiq/Photo/328583"><img src="https://photo-assets.superyachttimes.com/photo/256002/image/large-269fd9a78fef396165914f4e0d30e0c4.png" data-gid="gid://syiq/Photo/256002">The first two yachts of this Ada 50 Z series, both of which have a delivery date of next year, are currently still under construction at the <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a> facility, and will shortly be joined by the third vessel. <img src="https://photo-assets.superyachttimes.com/photo/328587/image/large-c6742d94d7367e02472bdcb5a9fc8fd8.jpeg" data-gid="gid://syiq/Photo/328587"><img src="https://photo-assets.superyachttimes.com/photo/328584/image/large-5a2b0d2a62fa325c694a28a127a58044.jpeg" data-gid="gid://syiq/Photo/328584">The third <a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">Ada 50 Z</a> superyacht features an exterior design created by <a data-gid="gid://syiq/Company/2955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uldas Yacht Design (Company)">Uldas Yacht Design</a> and naval architecture penned by <a data-gid="gid://syiq/Company/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ginton Naval Architects (Company)">Ginton Naval Architects</a>. <img src="https://photo-assets.superyachttimes.com/photo/328588/image/large-7d28f42025c3b9671b6a47383cc1d1f5.jpeg" data-gid="gid://syiq/Photo/328588">With a volume of slightly under 500 GT and a beam of 8-metres, the yacht is capable of hosting as many as 12 guests across a six stateroom layout. Accommodation is also available for a crew of up to 10 members.<img src="https://photo-assets.superyachttimes.com/photo/256005/image/large-ec59164aa50097fa698bb422caf3c786.png" data-gid="gid://syiq/Photo/256005"> <img src="https://photo-assets.superyachttimes.com/photo/328589/image/large-fa2f81b4fee2aac45ef4598f3b8b3494.jpeg" data-gid="gid://syiq/Photo/328589">In terms of her performance, the third 50-metre <a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">Ada 50 Z</a> superyacht can reach a cruising speed of 15 knots. She is due to be delivered to her owner in 2026. <img src="https://photo-assets.superyachttimes.com/photo/328585/image/large-20582be4acb579b26aae6a3230129975.jpeg" data-gid="gid://syiq/Photo/328585"><img src="https://photo-assets.superyachttimes.com/photo/328586/image/large-2394b6b15b5cddb98da57bccd475827c.jpeg" data-gid="gid://syiq/Photo/328586">

Third 50m Ada 50 Z yacht hull launched 

The hull of the third 50-metre Ada 50 Z superyacht has been launched by her Turkish shipyard, ADA Yacht Works. 


Hull of the third 50m Ada 50 Z superyacht launched 

The 60-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco&nbsp;</a>superyacht <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> has emerged from a comprehensive interior and exterior refit at <a data-gid="gid://syiq/Company/4710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="G&K Yachting (Company)">G&amp;K Yachting</a> in Greece and is now available for charter with <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons International.</a> <img src="https://photo-assets.superyachttimes.com/photo/328452/image/large-cfdb42f26349792c821063a71e1b36b0.jpg" data-gid="gid://syiq/Photo/328452"><img src="https://photo-assets.superyachttimes.com/photo/328491/image/large-17fd24416cb8aa447d14170254d1ab0b.jpg" data-gid="gid://syiq/Photo/328491">Originally built by the Dutch shipyard <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco&nbsp;</a>in 2002,<a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">&nbsp;Alfa G</a>, previously known as Sea Pearl, features engineering crafted in-house by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, while her original interior and exterior design stems from the drawing boards of British studio <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>. For the superyacht's refit, <a data-gid="gid://syiq/Company/5313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandre Thiriat (Company)">Alexandre Thiriat</a> was tasked with reimagining her interior design. The interior contractor was LIST Austria.&nbsp;&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/328456/image/large-021d9a1107c203d271217a3c8dd2486c.jpg" data-gid="gid://syiq/Photo/328456">Fully custom and in restored condition, new life has been breathed into the superyacht’s interiors and exteriors. Today, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> makes use of elegant materials, bespoke furnishings, and modern amenities. Among her most standout features is the master suite, which offers owners 180-degree views of the outdoors, as well as private deck access.<img src="https://photo-assets.superyachttimes.com/photo/328532/image/large-4098c1bd66d5a919424f1982257c64a5.jpg" data-gid="gid://syiq/Photo/328532"><img src="https://photo-assets.superyachttimes.com/photo/328465/image/large-bac97d7e48a8256d57adc819f4e27865.png" data-gid="gid://syiq/Photo/328465"><img src="https://photo-assets.superyachttimes.com/photo/328499/image/large-420d25203d6e59357bd0a6591120e6f1.jpg" data-gid="gid://syiq/Photo/328499"><img src="https://photo-assets.superyachttimes.com/photo/328469/image/large-0555115ec30bed9869d2a6c1682f7b1e.png" data-gid="gid://syiq/Photo/328469">In addition, this main deck master suite contains his-and-hers walk-in closets, ensuite bathrooms, and a private observation lounge. In total, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> is capable of hosting as many as 12 guests across her seven stateroom layout, which includes a full-beam VIP suite situated on the lower deck, fitted with a king-sized bed and extra pullman berth.<img src="https://photo-assets.superyachttimes.com/photo/328502/image/large-11df275400a84db62a4c32c2edc24bda.jpg" data-gid="gid://syiq/Photo/328502"><img src="https://photo-assets.superyachttimes.com/photo/328471/image/large-50ff8a55c3d68a7054d556a7e6ad3997.png" data-gid="gid://syiq/Photo/328471"><img src="https://photo-assets.superyachttimes.com/photo/328473/image/large-8606f72898ff961af8e50c96647bfc77.png" data-gid="gid://syiq/Photo/328473">In terms of guest entertainment, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a>’s upper saloon can be transformed to a cinema room with a laser projector and expansive screen. Moving outside, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a>’s upgraded sundeck boasts a swimming pool with a contra-current training system and a Jacuzzi feature, along with a lounging area.<img src="https://photo-assets.superyachttimes.com/photo/328530/image/large-39a66d09e666c77df785d74cf10dc740.jpg" data-gid="gid://syiq/Photo/328530"> <img src="https://photo-assets.superyachttimes.com/photo/328453/image/large-1a4fca1c6006b784dab296be20396855.jpg" data-gid="gid://syiq/Photo/328453"><img src="https://photo-assets.superyachttimes.com/photo/328503/image/large-8f6ad479540ce538f55fe3d0afcc041b.jpg" data-gid="gid://syiq/Photo/328503"><img src="https://photo-assets.superyachttimes.com/photo/328468/image/large-0167dda3d2fe2d8d3412c90995487eb9.png" data-gid="gid://syiq/Photo/328468">Those onboard are also invited to dine alfresco on the aft terrace, or drink at the outdoor bar. Other exterior elements include a spacious sunbathing area, a beach club that facilitates water sports, and a bridge with a seating area. Moreover, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> now offers an upgraded selection of toys.<img src="https://photo-assets.superyachttimes.com/photo/328535/image/large-78657a3ae35e422117ea38a1cec81986.jpg" data-gid="gid://syiq/Photo/328535"> <img src="https://photo-assets.superyachttimes.com/photo/328462/image/large-5135e9a0e241f965f7bf3932e371024e.png" data-gid="gid://syiq/Photo/328462"><img src="https://photo-assets.superyachttimes.com/photo/328455/image/large-cd00d808dd6daf21c1159385e00f1ccb.jpg" data-gid="gid://syiq/Photo/328455">Regarding her performance, the superyacht 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&nbsp;</a>engines that propel her to a cruising speed of 12 knots and a top speed of 15 knots. When cruising at 11.5 knots, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> has a range of 5,000 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/328539/image/large-5d3acec9122fa071c0f3dd6ac4f44fdd.jpg" data-gid="gid://syiq/Photo/328539"> <img src="https://photo-assets.superyachttimes.com/photo/328466/image/large-11acac31ab2f7fbc9ce37546091b18b6.png" data-gid="gid://syiq/Photo/328466"><img src="https://photo-assets.superyachttimes.com/photo/328467/image/large-3dc7870ad02ca2f5be9a380e4368fadb.png" data-gid="gid://syiq/Photo/328467">

60m Oceanco yacht Alfa G completes major refit 

The 60-metre Oceanco superyacht Alfa G has emerged from a comprehensive interior and exterior refit.


Business

Burgess Yachts closes the year with $2.5 billion in sales