43m motor yacht Element has been sold

Cantieri di Pisa’s 42.7-metre motor yacht Element has been bagged by a new owner. Charles Carveles from Edmiston  and John Cohen from Merle Wood represented the seller during these negotiations. On the other side of the table was Victor Iliadis fro Marine Marketing who represented the Buyer. Element was launched in 2002 featuring an exterior and naval architecture by her builder, Cantieri di Pisa, and an interior design penned by Frédéric Mechiche. She has been well maintained throughout her 19 years of seafaring, and undergone numerous refits and makeovers. Her most recent was in 2019 at the port of Saint Mandrier, under the direction of IMS shipyard. She can accommodate up to 12 guests across six staterooms, alongside her nine crew.In terms of output, Element can kick up a storm and motor at 26 knots. When cruising at 12 knots though, she’s got an 800 nautical mile range. The sale was concluded in Greece and her last known asking price was €4,500,000. Photo: Merijn de Waard / SuperYacht Times