<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has officially been sold. The acquisition of 100 percent of the capital of the company has been completed through a management buyout supported at 75 percent by the Austrian FIL Bros Family Office. The remaining 25 percent will be held by the company’s co-founders Ennio Cecchini and Vasco Buonpensiere.<img src="https://photo-assets.superyachttimes.com/photo/43792/image/large-5044dcb0411d6dd95de2bf07abd90e1c.jpg" data-gid="gid://syiq/Photo/43792">Vasco Buonpensiere will assume the role of Chief Executive Officer, and has announced that the company will be managed with a long-term vision that develops it through ‘grounded’ and ‘pragmatic’ actions; all while keeping the core values that has driven <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> to become such an internationally renowned player. “Quality, exclusivity, great attention to each client in his/her own specificity,” will remain at the forefront of its vision.<img src="https://photo-assets.superyachttimes.com/photo/247182/image/large-ae34c164a21dea45f100ef0a47b9fc88.jpg" data-gid="gid://syiq/Photo/247182">“What we have in mind are ambitious and visionary goals yet we know that we will get them as is in the spirit and history of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>,” Vasco Buonpensiere commented. “Considering that our production is totally sold up to 2026 and that the Value of Production will double within 3 years compared to 2021, we will further focus on our brand positioning, which already has international recognition. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> is maybe the only Italian brand which plays on equal terms with the best Northern European shipyards, as witnessed by many owners who chose CcM after owning yachts built by Dutch and German shipyards.”<img src="https://photo-assets.superyachttimes.com/photo/247179/image/large-4b30d6bc7ac40ec62a00f1ce70c3b20d.jpg" data-gid="gid://syiq/Photo/247179"><a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> was founded 12 years ago and, as of today, <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>’s order book includes as many as 13 explorer yachts (with deliveries up to 2026) for a total length of 504 metres and GT of approximately 5,000 GT. Its inception followed two years after the global economic crisis in 2008, and Buonpensiere has been instrumental to the shipyard’s success from the get-go. Buonpensiere assumed the role of Sales &amp; Marketing Director, and together with Ennio Cecchini worked to steer all strategic decisions of the company. <img src="https://photo-assets.superyachttimes.com/photo/241570/image/large-f44840162bc321957ba4556a9d8a3197.jpg" data-gid="gid://syiq/Photo/241570">Tom Schröder, owner of FIL Bros Family Office, the new major shareholder of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>, has made the following statement: “I have an immense passion for yachting and I found out that <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>’s management and staff share this passion of mine, combined with the commitment to build something special, something that has no equal in the yachting industry. <img src="https://photo-assets.superyachttimes.com/photo/247180/image/large-f4b097defb955a667d4c84125e928e1b.jpg" data-gid="gid://syiq/Photo/247180">“Together with Vasco and Ennio, since both of them play a key role in the shareholding structure, and all employees that will be further involved and motivated in the company growth, we will consolidate <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> position in the international arena as one of the best yacht builders in the world – consistently with what has been done in the last 12 years. Our goal is to deliver three or four explorer yachts per year to owners who wish to sail the seven seas and reach in safety and utmost comfort, even at the highest latitudes. These yachts will distinguish themselves for their extraordinary quality.<img src="https://photo-assets.superyachttimes.com/photo/216511/image/large-ff6c92320cb968b5a150fac9bdaadd5e.jpg" data-gid="gid://syiq/Photo/216511">The acquisition is aimed at strengthening and further developing <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>’s activity together with co-founders Ennio Cecchini and Vasco Buonpensiere, true builders of the extraordinary success of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>, still at the helm of a company that with a farsighted approach specialised itself in the construction of explorer yachts of unsurpassed quality and design, real little ships in steel and aluminium.”

Cantiere Delle Marche acquired and Vasco Buonpensiere appointed CEO

Acala yacht launch in Ancona 

original

small

medium

large

extra_large

Uptight yacht anchored 

Ennio Cecchini Cantiere delle Marche Co-Founder

Tom Schroeder owner of FIL Bros Family Office

Vasco Buonpensiere of Cantiere delle Marche 

Cantiere delle Marche shipyard

Italian shipyard CdM sold to the Austrian FIL Bros Family Office Vasco. Buonpensiere will act as CEO.

Italian shipyard CdM sold with Vasco Buonpensiere appointed CEO

The Rosetti Marino Group, according to rumours collected by Shipping Italy and SUPER YACHT 24, may soon be due to close down its shipbuilding division. The rumours have suggested that the San Vitale shipyard in Ravenna will be acquired 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>, but representatives from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> have so far denied these rumours. Attempts, however, to reach out to members of <a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)">Rosetti Superyachts</a>, the superyacht branch of the Rosetti Marino Group, have shown that email accounts appear to have been closed or frozen.Many in the superyacht industry have been expecting the announcement over coming months, particularly since Alberto Galassi, CEO 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> hinted at an upcoming expansion in late 2022. The San Vitale facility comprises an area of 70,000 square-metres, approximately 10,000 square-metres of which is covered, 10,000 square-metres for the construction of hulls, a 175-metre long quay, and also a dry dock of 180x27x6 metres.<img src="https://photo-assets.superyachttimes.com/photo/56751/image/large-e1828dd3427e96c8a5c8e3e00e0759bf.jpg" data-gid="gid://syiq/Photo/56751">Once a prolific builder of working vessels such as tugs, AHTs, supply boats and small ferries, in recent years the shipyard has had difficulty attracting new commercial orders. In 2017 Rosetti Marino diversified the business by opening the <a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)">Rosetti Superyacht</a> division and launching its first <a data-gid="gid://syiq/Article/55892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Award-winning 39m Rosetti motor yacht Emocean for sale for the first time (2022-09-09 16:00:00 +0200)">38-metre Explorer named Emocean</a> in 2021, <a data-gid="gid://syiq/Article/54604" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Keel of the second Rosetti 38M Explorer has been laid (2022-02-16 10:45:00 +0100)">to be followed by a second unit, currently in-build and due for launch this year.</a>Read: <a data-gid="gid://syiq/Article/54116" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard Emocean: A designer's tour (2021-11-19 12:15:00 +0100)">Onboard Emocean: A designer's tour</a><img src="https://photo-assets.superyachttimes.com/photo/208426/image/large-e0f31be4bee9ecd1669ff2e3770047e6.jpg" data-gid="gid://syiq/Photo/208426">The fate of the <a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)">Rosetti Superyachts</a> brand and its in-build vessel are yet to be seen. It is unclear if the sale of the shipyard will see the Group exit the maritime sector, or if it will remain active in the oil and gas sectors.Though SYT reached out, the team at Rosetti Marino Group did not offer comment for this article.

Rosetti Marino sale to Ferretti Group

Rumours are circulating that the Rosetti Marino Group is close to selling its maritime facilities to the Ferretti Group.

Rosetti Marino reportedly selling San Vitale shipyard

<a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a>, a leading financial management platform for the superyacht sector, has announced its acquisition of the interactive worklist management platform <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a>. A move that will “further enhance its end-to-end solution for the financial management of superyachts”. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/259442/image/large-72e8b9a3a5e160f25ed9565ab1af730c.jpeg" data-gid="gid://syiq/Photo/259442">The <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a> platform provides a simple work list solution for an entire supply chain, with the aim to offer end-to-end transparency and total workflow accuracy for financial and time savings.&nbsp;The two companies have worked closely over the past 12 months and both see “enormous value” that integrating <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a> and developing the platform further under the <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> umbrella will bring to its users in the industry. As <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> explained, “The new integration will benefit captains and owners who are managing new build projects or refits, offering a total solution from initial bidding through to completion.”<img src="https://photo-assets.superyachttimes.com/photo/259440/image/large-23bc976025a0dad4b8c108980b74e146.jpeg" data-gid="gid://syiq/Photo/259440">“I’m delighted that Pinpoint Works has joined the <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a> family. Our mutual respect, unified approach, and vision for technology within the marine space will continue to provide the superyacht sector with the cutting-edge tool set that it requires to function effectively,” Ian Flanagan, founder and CEO of <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a> commented. “Together with our industry partners, management companies, shipyards and the incredible crew that make it all possible; we will continue to revolutionise the industry. <img src="https://photo-assets.superyachttimes.com/photo/259477/image/large-34ff13515791979facf69aae4e37e0c2.jpg" data-gid="gid://syiq/Photo/259477">“We are already working closely together on the next <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> chapter, please watch this space. These are exciting times in the superyacht world. <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a>, supported by the superb team of people that work here, intend to keep pushing the boundaries and leading the way.”<img src="https://photo-assets.superyachttimes.com/photo/259441/image/large-b768d958036f7e3882be72818b1d5c89.jpeg" data-gid="gid://syiq/Photo/259441">Leslie Gillotte, co-founder and Director of <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a> added. “The enthusiasm both our client bases bring for our products serves as motivation for us to create more value for them by uniting forces. Through this strategic partnership and our shared passion for developing innovative technology, we will grow stronger together by providing truly unique solutions.<img src="https://photo-assets.superyachttimes.com/photo/259478/image/large-c56f41e1e7a2725c035228a59aa1bff2.jpg" data-gid="gid://syiq/Photo/259478">“With the <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> team, we look forward to continuing to provide excellent standards of client support and bringing greater impact through the integration of our platforms for this dynamic industry we serve, and beyond.”

Voly Group acquires Pinpoint Works 

 Voly Group has announced its acquisition of the interactive worklist management platform Pinpoint Works. 

Voly Group announces acquisition of Pinpoint Works  

UK-based yacht builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> has announced that KPS Capital Partners has entered into a definitive agreement to acquire a controlling equity interest in the company. The deal is expected to be completed in the first quarter of 2023 and will see existing shareholders retain ownership of the company.<img src="https://photo-assets.superyachttimes.com/photo/258136/image/large-1a5b771835acfb06005cd285755181e3.jpg" data-gid="gid://syiq/Photo/258136">The US-based investment firm specialises in owning manufacturing businesses, with the deal still subject to customary closing conditions and approvals. The move follows the company's announcement last year to expand, as part of a successful bid by Plymouth City Council to create a Freeport in the region.Read:&nbsp;<a data-gid="gid://syiq/Article/56934" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Speculations rise over potential Princess Yachts acquisition (2023-02-13 14:15:00 +0100)">Speculations rise over potential Princess Yachts acquisition<img src="https://photo-assets.superyachttimes.com/photo/121696/image/large-ca3bca75e721d7c9ba4c864e6d0bcbd1.jpg" data-gid="gid://syiq/Photo/121696"></a>“We are excited to make this significant investment in <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>, a leading company in the luxury global yachting industry with an iconic brand grounded in British tradition, a remarkable and growing product range, and world-wide reputation for quality and innovation,” commented Ryan Harrison, a Partner of KPS Mid-Cap Investments. <img src="https://photo-assets.superyachttimes.com/photo/41309/image/large-90c2b903c073be6d676cf91a33346303.jpg" data-gid="gid://syiq/Photo/41309">This new investment will strengthen Princess Yachts ’ position in the marine sector in the UK and support the company’s opportunities both nationally and internationally. “We are thrilled to partner with KPS for this exciting new chapter for <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>,” added Antony Sheriff, Chief Executive Officer of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/253526/image/large-9e7ae3ca9fa60d5d44938904fef42637.jpg" data-gid="gid://syiq/Photo/253526">“KPS and the <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> team are deeply committed to investing in the Company’s future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position.”

KPS Capital Partners acquires equity interest in Princess Yachts

KPS Capital Partners has acquired a controlling equity interest in UK-based yacht builder Princess Yachts.

According to the online publication Sky News, UK-based yacht builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> is set to be acquired by KPS Capital Partners. The US-based investment firm specialises in owning manufacturing businesses, with sources saying a deal could be struck as soon as this week.<img src="https://photo-assets.superyachttimes.com/photo/121697/image/large-eba30d54f4662dd7436a7fae0c715851.jpg" data-gid="gid://syiq/Photo/121697">Rumours circulated online last year that the Plymouth-based builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> was for sale, as the firm’s private equity owner L Catterton hired bankers to find a buyer. <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> told local newspaper PlymouthLive that they were looking to start discussions with potential investors, in order to provide financial support in the build of a huge new factory at its Devonport operation.Princess Yachts also stated that as part of Plymouth City Council’s submission to the Government to create a tax-break they had; “developed a proposal to double the capacity of its South Yard facility to increase the product offering and further strengthen its market position.”<img src="https://photo-assets.superyachttimes.com/photo/41309/image/large-90c2b903c073be6d676cf91a33346303.jpg" data-gid="gid://syiq/Photo/41309">The spokesperson said, “This in turn will create additional jobs and secure a bright future for boat building in Devon and the UK. The company and its shareholders are now considering beginning discussions with potential investors to provide financial support for these exciting plans for growth.”SuperYacht Times&nbsp;has reached out for comment from those involved in the deal but are yet to hear back.&nbsp;

Princess Yachts acquisition by KPS Capital Partners

According to the online publication Sky News, UK-based yacht builder Princess Yachts is set to be acquired by KPS Capital Partners.

Speculations rise over potential Princess Yachts acquisition

<a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> has acquired <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> and appointed Frédéric Dormeuil as Chief Executive Officer of the multinational yacht charter fiscal agency. <img src="https://photo-assets.superyachttimes.com/photo/194393/image/large-3ac3130eb206a2a785c73815d4269e28.jpg" data-gid="gid://syiq/Photo/194393">‘’I am very pleased that we have acquired such a successful company. <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> fits very well with our strategic objective in making life easier onboard superyachts. They simplify the fiscal representation process for their clients, they do so across different territories and that is exactly what we should all be working towards’’ said Paschalis Patsiokas, Chief Executive Officer of <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>.<img src="https://photo-assets.superyachttimes.com/photo/194392/image/large-1e5502f2774bfe69f7040c7a70deb7eb.jpg" data-gid="gid://syiq/Photo/194392"><a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> has recently celebrated its 10th anniversary, established in 2012 to provide fiscal representation services for EU and non-EU yacht charter companies that operate within the European Union.&nbsp;Operating out of offices in France, Spain, Italy and Croatia <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> provides services for more than 600 regular worldwide customers. This year plans are in place to further expand, with a new office in Monaco.&nbsp;As <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> explained, “<a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> emphasises the importance of local support and works to streamline the fiscal components of yachting for each and every client. They combine this with real-time operational guidance and services, making sure their clients are always tax-compliant and can consistently meet local standards while trading their goods or services abroad.”<img src="https://photo-assets.superyachttimes.com/photo/241350/image/large-2de9324bef92f6cd991b8cb0b8e8d467.jpg" data-gid="gid://syiq/Photo/241350">Looking forward, <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> has announced that it aims for <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> to remain autonomous, operating in tandem with <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>, whilst continuing to further develop its own services. The appointment of Dormeuil is expected to help consolidate this position and help confirm a solid and coherent plan for the years ahead.&nbsp;Dormeuil has a wealth of experience in the luxury goods industry, and has spent many years in yachting. “With Dormeuil’s in-depth knowledge of the yachting industry from important past roles and an innovative approach, <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> will be able to reach new heights with ease and continue its goal of revolutionising yacht-based fiscal representation,” <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> stated. <img src="https://photo-assets.superyachttimes.com/photo/241349/image/large-54e320bcd47184c0c180ca77446d3aa2.jpg" data-gid="gid://syiq/Photo/241349">“To be involved in the flourishing sector of yachting is incredibly motivating and what an industry it is; remarkable feats of engineering taking you to the most surreal destinations and like <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>, includes many distinctive service providers helping make the overall experience the dream-like allure that it is,” Dormeuil commented.&nbsp;“From its inception, <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> has understood how to ease the burden of what can be a daunting process and I look forward to evolving the brand’s success and elevating its position in current markets and new ones,” Dormeuil continued.&nbsp;

BWA Yachting acquires SOS Yachting

BWA Yachting has acquired SOS Yachting and appointed Frédéric Dormeuil as CEO.

BWA Yachting acquires SOS Yachting and appoints Frédéric Dormeuil as CEO 

The American yachting and boating titan <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has reported its financial results for quarter one of 2023, which ended 31 December 2022. The company has recorded a 7 percent increase in revenue, reaching a record $507.9 million for the quarter. <img src="https://photo-assets.superyachttimes.com/photo/193821/image/large-84422da6a8c3e3c4328fae4425cc98ff.png" data-gid="gid://syiq/Photo/193821">The growth was primarily driven by contributions from strategic acquisitions, including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> which closed in October 2022. As a result of the current macroeconomic environment and ongoing supply chain challenges, same-store sales declined a modest 1 percent for the quarter, compared with an increase of 9 percent in the first quarter of 2022. <a data-gid="gid://syiq/Article/55716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax acquires IGY Marinas for $480 million (2022-08-09 14:45:00 +0200)">The company acquired IGY Marines in August for $480 million, the largest acquisition it has made to date</a>.<img src="https://photo-assets.superyachttimes.com/photo/184962/image/large-c9755869f8bda2423ae7ccebcf3e0061.jpg" data-gid="gid://syiq/Photo/184962">Brett McGill, Chief Executive Officer and President, stated, “Our team executed exceptionally well in the first quarter, despite the sustained supply chain constraints and economic uncertainty. We delivered strong top-line growth, record December quarter gross margin, strong positive cash flowsand Adjusted EBITDA, reflecting the strength of our premium brands and the addition of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> to our portfolio. In addition to the <a data-gid="gid://syiq/Article/55716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax acquires IGY Marinas for $480 million (2022-08-09 14:45:00 +0200)">IGY</a> acquisition, we also expanded with Midcoast Marine Enterprises, while also growing on the technology front, through the formation of a new business, New Wave Innovations. New Wave recently completed the acquisition of Boatzon, the industry’s only 100 percent online boat and marine digital retail platform.”Net income for the quarter ended December 31, 2022 was $19.7 million, or $0.89 per diluted share, compared with net income of $35.9 million, or $1.59 per diluted share, for the same period last year. Adjusted net income was $27.3 million, or $1.24 per diluted share for the quarter ended December 31, 2022. Adjusted EBITDA for the quarter ended December 31, 2022 was $53.2 million, compared with $55.3 million for the same period last year. Adjusted EBITDA, excluding the adjustment for currency changes, was $55.6 million for the quarter ended December 31, 2022.<img src="https://photo-assets.superyachttimes.com/photo/253054/image/large-62edda5afd328047d5a95f10e5be11bf.jpg" data-gid="gid://syiq/Photo/253054">Brett McGill concluded, “Although we are updating our 2023 guidance as a result of current economic uncertainty, we have strong momentum as we move into the remainder of the year. We are backed by one of the strongest balance sheets in the industry, which provides us increased flexibility to remain agile and take advantage of opportunities as they arise. We remain confident that our organic growth opportunities, coupled with attractive strategic acquisitions, position us well for 2023 and beyond. We continue to execute on our strategic growth plan to drive sustainable value for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> stakeholders through a diversified business model built on premium brands, global marinas, world-class services, and innovative technology.”In addition to the ownership of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, over recent years <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has acquired both <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop and Johnson</a>, firmly securing the conglomerates position in the superyacht industry. SuperYacht Times has recently interviewed Chuck Cashman, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> CRO, and the interview will be published in the upcoming edition of the newspaper. <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" rel="noopener noreferrer" target="_blank" title="">Follow this link to subscribe to the SYT newspaper and to get the full story on publication in February</a>.

MarineMax reports record breaking quarterly revenue of $507.9 million

<a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug Holding</a> has acquired the German manufacturer of interior fittings for superyachts, Wuerzburger Interieur Manufaktur (WIMA). The purchase agreement has already become effective and <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> was introduced to its 40 employees yesterday.<img src="https://photo-assets.superyachttimes.com/photo/68731/image/large-0341919e64beb19d4317204745a22906.jpg" data-gid="gid://syiq/Photo/68731">"With this acquisition, we are strategically strengthening <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> in a crucial field for the superyacht industry,” Philipp Maracke, CEO of FSG <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> Holding, commented.Lars Windhorst, founder and owner of Tennor Group, which both <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> and the Flensburger Schiffbau-Gesellschaft belong, added, “I chose Wuerzburger Interieur Manufaktur because they have been providing world-class joinery for many years. The experts from WIMA are able to master the interior fittings of both the ship’s bridge and of the owner’s saloons in a quality that equals that of the most elegant private homes in the world.”<img src="https://photo-assets.superyachttimes.com/photo/180187/image/large-a6e0963dc4d49da8744cc1dee75e8a59.jpeg" data-gid="gid://syiq/Photo/180187">The results of the <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> and WIMA partnership have already been seen, as the two worked in close cooperation on projects such as the 80-metre superyacht <a data-gid="gid://syiq/Yacht/6282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Artefact80.0m (262'6&quot;)Nobiskrug2020">Artefact</a>, delivered in 2020. <img src="https://photo-assets.superyachttimes.com/photo/188493/image/large-0e183137a3e3e2aae0cfdcd485687ae4.jpg" data-gid="gid://syiq/Photo/188493"><img src="https://photo-assets.superyachttimes.com/photo/188494/image/large-d8c4b484b7d4fef7c47076b52202d258.jpg" data-gid="gid://syiq/Photo/188494">

Nobiskrug acquires Wuerzburger Interieur Manufaktur

Nobiskrug has acquired the German manufacturer of interior fittings for superyachts, Wuerzburger Interieur Manufaktur (WIMA).

Nobiskrug strengthens production with acquisition of Wuerzburger Interieur Manufaktur

Squircle Capital, a European alternative investment firm, has further increased its controlling stake of the <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> and is now a 93 percent shareholder of the company. The incremental investment was planned as part of the initial acquisition of the leading superyacht refit, repair and maintenance group back in October 2019.<img src="https://photo-assets.superyachttimes.com/photo/222521/image/large-c4ac64dcdbc08170379c2241f0384223.jpg" data-gid="gid://syiq/Photo/222521">“As part of our 2019 investment, we committed to supporting management in their expansion plans. <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> has had phenomenal success since our investment both operationally and strategically and we have no doubt this will continue, particularly following the recent appointment of Jean-Marc as group CEO,” José Caireta, Founding Partner at Squircle Capital, commented. &nbsp;&nbsp;John Nery, Head of Investments at Squircle Capital, added: “Notwithstanding the headwinds of the last two years, the business expanded and created value thanks to its unique positioning and relentless management teams. As we grow our shareholding, we firmly believe we also grow our prospective returns on this investment which has outperformed expectations year on year.”<img src="https://photo-assets.superyachttimes.com/photo/250134/image/large-a607705d2ab4de9d5dd5e51c33297a5e.jpeg" data-gid="gid://syiq/Photo/250134">“This further investment by Squircle Capital signals their unwavering confidence in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a>’s ability to continue growing the business and lead the refit industry, with innovation and sustainability at the forefront of this development,” Pepe García-Aubert, Chairman and minority shareholder of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a>, noted. <img src="https://photo-assets.superyachttimes.com/photo/250133/image/large-723f85c81724c5441aad735be643c6fd.jpg" data-gid="gid://syiq/Photo/250133">Read:&nbsp;<a data-gid="gid://syiq/Article/56435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat inaugurates its 4,300-tonne shiplift, Atlas (2022-11-23 16:45:00 +0100)">MB92 La Ciotat inaugurates its 4,300-tonne shiplift, Atlas</a>Squircle Capital’s purchase of additional shares follows the recent inauguration of Atlas, a major shiplift – a 5,000 sqm platform built around a 4,300- tonne shiplift – in La Ciotat, France. The <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">Group</a> also added a 4,800-tonne shiplift at its Barcelona facility back in 2019, and has more recently announced an expansion into the Middle East, with <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a> and <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P & O Marinas (Company)">P&amp;O Marinas</a>. The joint venture will see the first dedicated superyacht repair facility in UAE, which is expected to be completed in 2026 and open for business as early as next year.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/56027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine, MB92 and P&O Marinas to create superyacht service centre and refit shipyard in Dubai (2022-09-27 16:15:00 +0200)">Al Seer Marine, MB92 and P&amp;O Marinas to create superyacht service centre and refit shipyard in Dubai</a><img src="https://photo-assets.superyachttimes.com/photo/250125/image/large-1c586358f90532f705c58a909a8efb7b.jpeg" data-gid="gid://syiq/Photo/250125">Jean-Marc Bolinger, CEO of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> commented: “The renewed conviction of our largest shareholder brings great comfort particularly given their commitment and support not only with their financial backing but also strategic support as we look to continue our international expansion.”&nbsp;

Squircle Capital acquires more shares of MB92 Group 

Squircle Capital has further increased its controlling stake of the MB92 Group and is now a 93 percent shareholder of the company.

Squircle Capital now 93% shareholder of MB92 Group 

<a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> has officially announced its expansion into yacht sales with the sale of the 37.92-metre <a data-gid="gid://syiq/Company/1756" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tansu Yachts (Company)">Tansu</a> motor yacht <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a>. Thor Knappe of <a href="https://sya.superyachttimes.com/companies/superyachtsmonaco" target="_blank">SuperYachtsMonaco</a> introduced the buyer, while Peter Thompson led the team that successfully sold <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a> within days of launching the sales arm of <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>. <img src="https://photo-assets.superyachttimes.com/photo/175260/image/large-e54e31da30361a6fb226eb2b6d12c110.jpg" data-gid="gid://syiq/Photo/175260">The award-winning yacht <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a> features interior and exterior design by her builder <a data-gid="gid://syiq/Company/1756" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tansu Yachts (Company)">Tansu Yachts</a> with naval architecture from the boards of <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design B.V. (Company)">Diana Yacht Design</a>. The wooden yacht was delivered in 2014 and is able to accommodate up to nine guests across four staterooms.<img src="https://photo-assets.superyachttimes.com/photo/250477/image/large-29dfd5a3a23595c65fc6e5b197c6cc3b.jpg" data-gid="gid://syiq/Photo/250477">Although <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a> has exclusively cruised the Mediterranean extensively since her launch in 2014, she can take longer voyages and explore lesser-known locations due to her economical consumption and 3,500 nautical mile range. At the time of her sale she had a last known asking price of €7,900,000.<img src="https://photo-assets.superyachttimes.com/photo/250478/image/large-2c4177062dd707088ff380d3beede0f0.jpg" data-gid="gid://syiq/Photo/250478"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> led by CEO, Ellie Malouf, shares her inspirational vision for what she calls a natural expansion into yacht sales. “Yacht sales is a natural extension to bring what has been so successful for <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> in the charter market, which is great customer service, great technology and systems, the widest selection globally, transparent pricing, and a strong female presence.”<img src="https://photo-assets.superyachttimes.com/photo/250470/image/large-d996ec649168fc3a58e5e4673fb338c1.jpg" data-gid="gid://syiq/Photo/250470"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> is no stranger to this process, with Founder and Managing Director, Ian Malouf personally following a similar journey with his current ownership of ten yachts. From chartering, managing, refitting, relocating, and rebuilding, the business is excited to share the wealth of knowledge and experience they have with this newly created division. “We’re excited for this new venture and believe this will only strengthen our positioning in the market,” commented Ian Malouf.<img src="https://photo-assets.superyachttimes.com/photo/231648/image/large-6e151360106667e5a613b69382385520.jpg" data-gid="gid://syiq/Photo/231648"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> already knows how to manage and navigate the sales process with the redesign of the 72.54-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Ocean72.54m (237'12&quot;)Lürssen Yachts1994">Coral Ocean</a>. “<a data-gid="gid://syiq/Yacht/233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Ocean72.54m (237'12&quot;)Lürssen Yachts1994">Coral Ocean</a> was completely booked out for her first charter season in the Mediterranean this year, and is the seventh yacht I’ve purchased,” explained Ian Malouf. “Every yacht has had a different purpose for me, so I’ve had to make choices depending on my end-goal as an owner. We’re excited to be part of many other owners’ buying and selling journeys now too.”<img src="https://photo-assets.superyachttimes.com/photo/231637/image/large-9f4763676acc4c08a49f4e4a0ed90742.jpg" data-gid="gid://syiq/Photo/231637">Also joining the <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> team is Julia Simpson as its new Commercial Director, as well as well-known global yacht sales broker, Peter Thompson as its Global Sales Director. The new global sales team brings together over 40 years of experience in yacht sales, with over 70 yachts sold globally and transacted over €1 billion worth of sales.<img src="https://photo-assets.superyachttimes.com/photo/119955/image/large-631a1ba472b0f3ed23ebfc8517d39801.jpg" data-gid="gid://syiq/Photo/119955"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> currently has five vessels exclusively under its Sales Central Agency, including the impressive 72.6-metre <a data-gid="gid://syiq/Yacht/2520" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum of Solace72.6m (238'2&quot;)Turquoise Yachts2012">Quantum Of Solace</a> built by <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a> asking €56,400,000.

Ahoy Club expands into yacht sales selling 38m Tansu yacht So’Mar

The Ahoy Club has announced the sale of the 38m Tansu yacht So’Mar as part of their expansion into sales.

Ahoy Club expands into yacht sales with sale of 38m motor yacht So'Mar

News of the acquisition of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> by Austria-based FIL Bros Family Office came as something of a surprise in the yachting industry. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has been quietly growing it’s product range and market profile since it was founded by Ennio Cecchini and Vasco Buonpensiere &nbsp;in 2010. Following the management buy-out, the two co-founders now have a 25 percent share of the company (Cecchini has always been a shareholder, whereas Buonpensiere sold his 9 percent share in 2014 before buying back in). <img src="https://photo-assets.superyachttimes.com/photo/247251/image/large-94022818551d36ed96c6945012c1e022.jpg" data-gid="gid://syiq/Photo/247251">To find out more about the acquisition, we spoke with Buonpensiere, now CEO of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>, as he was preparing to fly to the US to close another new-build contract. We began by asking about the timing of the buy-out. &nbsp;VB: The first reason was that our major shareholder, Gabriele Virgili, was principally a silent investor with a core business in frozen foodstuffs. And with the energy crisis and currency markets as they are, he was looking to take a step back and focus on his family company.&nbsp;The other reason is that Ennio and I have very clear ideas about where we want to take the company. We’d been thinking about a management buy-out, but it was all in our heads until we started talking with Tom Schröder of FIL Bros at the start of 2022. Tom is building a Flexplorer 146 at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> and is completely in love with the brand philosophy. He told us, “Guys, this should be your company”, and he switched on the lightbulb that led to signing a SPA (Sale and Purchase Agreement) in June, and that agreement was closed last week. By the way, we still call it a management buy-out, even though Tom is the majority shareholder with 75 percent of the company, because he’s there in a supporting role and given us complete freedom to make strategic decisions. <img src="https://photo-assets.superyachttimes.com/photo/195822/image/large-df4ad3c0e50adb9e90fc44b8e739b125.jpg" data-gid="gid://syiq/Photo/195822">It looks like we’re heading into a global recession; doesn’t this acquisition represent something of a risk for Tom Schröder?VB: You know, we’ve been through that and if you look at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>’s history it’s clear that we’re a very resilient company. Since we started in 2010 there have been two quite heavy downturns, but our growth has been constant. Of course, one year can be better or worse than another, but we’ve always sold at the same pace and our performance has been very consistent. That’s because our shipyard is small and our clients are very passionate about boats who come to us with very well-defined projects. They’re not people who have made a lot of money quickly and decide to buy a boat like they would a Lamborghini. We’re just not that kind of brand. &nbsp;Tom was impressed by the way we’ve managed and protected the company; we don’t have debts, we don’t use credit lines, we don’t trade in boats, and we haven’t over-expanded. &nbsp;Of course, if we had two more sheds we could fill them now, but if the market slows down those sheds are going to empty, and right now there are simply not enough skilled people to build good boats. We’ve always kept the company small and agile on purpose, so we’ve doubled the value of production but we’re delivering the same number of boats. We’re not going to change that and Tom agrees. The idea is to build a better, not a bigger, company.<img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">What does the buy-out mean in practical terms, product design and future investment for&nbsp;<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>? &nbsp;VB: It’s a bit of everything, meaning the main change is freedom to follow our vision. Tom is a young, proactive and passionate entrepreneur. If we told an old-style major shareholder we need to do two more boats shows per year, he might say “OK, but you need to sell two more yachts per year to pay for it.” Tom is not like that. His question is, “OK, what do you need to make it happen?” &nbsp;We have clear ideas about how to improve our market positioning. We enjoy reasonable brand awareness, which is a minor miracle considering the small budget we’ve had at our disposal, and luckily the perception is exactly what we wanted. But we want to fine-tune our positioning and that takes investment in communication, and the product itself – and this is where Ennio and I have fun. Plus the management buy-out with this particular partner will help us with the verticalization of our investment and activities.Can you give me a specific example of this verticalization?VB: We’re looking at integrating strategic suppliers into the company, for example. It goes back to what I was saying before about the lack of skilled workers and the need to safeguard that skilled workforce. We’ve always had a close relationship with our key suppliers and one of the reasons why our product quality is so consistent is thanks to the business model we have with subcontractors. So we want to take that to the next level.&nbsp;For Ennio and I, this is what we always envisaged happening. We will have more freedom and we will be able to implement a lot of things we had to sideline before. Now we really feel this is ‘our’ company, despite the fact we are minority shareholders, and I think you will see that in our strategy and products very soon.

Interview with Vasco Buonpensiere of Cantiere delle Marche

Justin Ratcliffe sits down with Vasco Buonpensiere of Cantiere delle Marche.

CEO in Conversation: Vasco Buonpensiere of Cantiere delle Marche

The 2023 edition of the <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a> is quickly approaching and with the show growing in size and presence over the last few years, the list of attending yachts has too. SYT takes a look at some of the yachts making their debut at this year’s show.<img src="https://photo-assets.superyachttimes.com/photo/261618/image/large-310aa13a14fb03717d92147db6df666c.jpg" data-gid="gid://syiq/Photo/261618"><a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>&nbsp;| 67-metres&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> announced last week that <a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a> will make her world debut at the <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show 2023</a>. Delivered in Spring 2022, she features exterior design by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>, while her interiors are by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s in-house studio. <a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a> offers accommodation for as many as 14 guests across seven well-appointed staterooms. She is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines and her engine room is “<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s first on a full custom yacht this size to fully comply with TIER III regulations.”Read:&nbsp;<a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)">67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023<img src="https://photo-assets.superyachttimes.com/photo/260219/image/large-2ba852a3ee460474d6217b9299d5d529.png" data-gid="gid://syiq/Photo/260219"></a><a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>&nbsp;| 60-metres | 2023<a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a>, also known as&nbsp;Witchcraft, was delivered in 2023 as part of the <a href="https://sya.superyachttimes.com/companies/amels" target="_blank">Amels</a> 60 Limited Editions series. The 60-metre superyacht features an exterior design by Monaco-based <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a> and naval architecture by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, while each unit has a unique interior design. The owners of <a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a> worked closely with Canada-based design studio <a data-gid="gid://syiq/Company/6415" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burdifilek (Company)">Burdifilek</a>, which developed a luxurious and serene interior. With 853 GT and six spacious staterooms, <a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a> can easily accommodate as many as 12 guests. <a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"></a><a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"><img src="https://photo-assets.superyachttimes.com/photo/262122/image/large-cf0d7d04a3d7e56de64acf9e65977ac8.jpeg" data-gid="gid://syiq/Photo/262122"></a><a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a>&nbsp;| 35.57-metres&nbsp; <a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a> was launched last year as part of the <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> 116 series and will be making her public debut at the show. She features exterior design by <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a> with naval architecture by <a data-gid="gid://syiq/Company/218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Sarin Naval Architects, Inc. (Company)">Jack Sarin Naval Architects</a>. Her interiors were penned by Yacht Interiors by Shelley and she can sleep up to 10 guests across a five stateroom configuration.Read: <a data-gid="gid://syiq/Article/57187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard: 36m Hargrave motor yacht Romeo Foxtrot (2023-03-20 13:00:00 +0100)">Onboard: 36m Hargrave motor yacht Romeo Foxtrot</a><a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"></a><a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"><img src="https://photo-assets.superyachttimes.com/photo/262210/image/large-1e52d2ef6032f0c1b13ee110ea848248.png" data-gid="gid://syiq/Photo/262210"></a>Numarine 26XP Fast | Numarine | 25.7-metres The <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> 26XP Fast is the planing hull version of the already popular <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> 26 XP model and is considered by the shipyard to be the fastest explorer yacht. She is equipped with twin 1,800 <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which propel her to an impressive top speed of 31 knots. Much like her sistership, the <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> 26XP Fast features exterior design from <a data-gid="gid://syiq/Company/1211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Can Yalman (Company)">Can Yalman</a>, with a near-vertical bow and a 65 square-metre flybridge.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/262199/image/large-501a3cdff79b9c206dbdfc3d3a9d5ead.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20230320%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20230320T162157Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=61ccd418c1a33054f83772a6796219e2d26f374e6133642b85f0c272d1a9a2ce" data-gid="gid://syiq/Photo/262199">wallypower58X |&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;| 17.3-metresThe wallypower58X is the first <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> yacht to be fitted with the new 600hp <a data-gid="gid://syiq/Company/5750" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mercury Marine (Company)">Mercury</a> V12 Verado quadruple engine configuration. With 2,400 horsepower on the transom, the stable and efficient deep V-hull can reach an exhilarating 50 knots. The wallypower58X yacht is able to carry up to 16 guests onboard and has a range of 290 nautical miles.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/262201/image/large-6833dd060faeacd24b8ba0c050ba57e2.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20230320%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20230320T162157Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=23a0c16daa239fe44b619dc293edfbea55c316e85315e9acb2c3bbdbd0ced3d9" data-gid="gid://syiq/Photo/262201">Sirena 48 |&nbsp;<a data-gid="gid://syiq/Company/4910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Yachts (Company)">Sirena Yachts</a>&nbsp;| 15.96-metres&nbsp;The <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena</a> 48 is the smallest model to date from the shipyard and features interior and exterior design by <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena Marine</a>, with naval architecture by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. She is able to accommodate up to six guests across three staterooms as well as an optional crew member of one. The <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena</a> 48 is equipped with twin <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engines that provide her with a top speed of 26 knots and a cruising speed of 23.5 knots.<img src="https://photo-assets.superyachttimes.com/photo/260286/image/large-35f42735a2c7505068a5370ac24112be.jpg" data-gid="gid://syiq/Photo/260286">Zeelander 5 |<a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">&nbsp;Zeelander Yachts&nbsp;</a>| 14.72-metres&nbsp;The <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 5 is an evolution of the award-winning Z44 and features a timeless design, curved aesthetic and silent cruising experience. The <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 5 is produced in limited quantities at the Netherlands-based facility, and is equipped with twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> IPS 500 engines.Read:&nbsp;<a data-gid="gid://syiq/Article/57054" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander 5 to preview at Palm Beach Boat International Show 2023 (2023-03-02 12:15:00 +0100)">Zeelander 5 to preview at Palm Beach Boat International Show 2023</a>You can find SYT’s full list of the <a data-gid="gid://syiq/Article/57085" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The largest yachts attending Palm Beach International Boat Show 2023 (2023-03-06 16:45:00 +0100)">largest yachts attending Palm Beach International Boat Show 2023 here</a>.

Yacht debuts at Palm Beach International Boat Show 2023

SYT takes a look at some of the yachts making their debut at this year’s Palm Beach International Boat Show.

The 36.8-metre <a data-gid="gid://syiq/Company/2360" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King (Company)">Ocean King</a> Ducale 120 superyacht is preparing for launch at the Chioggia shipyard in Venice, Italy. The displacement yacht is the first in the Ducale 120 series and is expected to be delivered to her new owners later this year.<img src="https://photo-assets.superyachttimes.com/photo/262253/image/large-1c68a0a57f95ca53763d3ccb2308f077.jpeg" data-gid="gid://syiq/Photo/262253"><img src="https://photo-assets.superyachttimes.com/photo/262252/image/large-c6759871ef93e3effd9571e18083a0b2.jpeg" data-gid="gid://syiq/Photo/262252">The Ducale 120 features interior and exterior design by Italy-based design house <a data-gid="gid://syiq/Company/4663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VYD Studio (Company)">VYD Studio</a>, with naval architecture penned by <a data-gid="gid://syiq/Company/4565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InNave (Company)">InNave</a>. The yacht features a steel and aluminium superstructure with an interior volume of 334 GT.<img src="https://photo-assets.superyachttimes.com/photo/262250/image/large-653ec37a46025b7163b69f1890f5d221.jpeg" data-gid="gid://syiq/Photo/262250"><img src="https://photo-assets.superyachttimes.com/photo/262249/image/large-8baaf558f1906cb3f8fda514fa82d26c.jpeg" data-gid="gid://syiq/Photo/262249">The interior of the Ducale 120 yacht is characterised by modern and elegant lines, exhibiting a harmonious balance between interior and exterior spaces. Her guests will be able to enjoy expanses of light thanks to the vast side windows that can be opened to full height on the side walkways.Read:&nbsp;<a data-gid="gid://syiq/Article/56117" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="36m Ocean King Ducale 120 undergoes technical launch in Italy (2022-11-10 16:45:00 +0100)">36m Ocean King Ducale 120 undergoes technical launch in Italy<img src="https://photo-assets.superyachttimes.com/photo/262248/image/large-49a3276d7925e5858b705323790640c2.jpeg" data-gid="gid://syiq/Photo/262248"></a>In terms of accommodation, the <a data-gid="gid://syiq/Company/2360" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King (Company)">Ocean King</a> yacht has a five stateroom layout for up to 12 guests, as well as being able to host a crew of seven between four cabins.<img src="https://photo-assets.superyachttimes.com/photo/262246/image/large-7427115ff2a3491a037b6eebdfdc6f92.jpeg" data-gid="gid://syiq/Photo/262246">Some of her key features include two swimming pools with a seawater swimming pool built between the wide and deep stern beach club and the main deck. The second swimming pool is heated and located on the sun deck, surrounded by large sun beds and a bar.<img src="https://photo-assets.superyachttimes.com/photo/262251/image/large-d10167350a6dfb4e7c9631001aa04d5a.jpeg" data-gid="gid://syiq/Photo/262251"><img src="https://photo-assets.superyachttimes.com/photo/262245/image/large-fb5c3f51ae2f4dde047a038f63d0adf0.jpg" data-gid="gid://syiq/Photo/262245">The team is now waiting for high tide tomorrow morning, when she will be loaded onto a floating pontoon so that he propellors can be fitted. She is expected to be in the water in the coming days and for sea trials to begin towards the end of the week. Performance-wise, the Ducale 120 is equipped with twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that allow her to reach a top speed of 14 knots, with a cruising speed of 12 knots.&nbsp;

Ocean King’s 37m Ducale 120 yacht launched

Ocean King has announced the launch of the 37m Ocean King Ducale 120 motor yacht in Italy.

First 37m Ocean King Ducale 120 superyacht prepares for launch

Vilanova i La Geltrú has been announced as the host venue for the first Preliminary Regatta of 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>. The first-ever Preliminary Regatta will take place from 14 until 17 September 2023.Vilanova i La Geltrú is a small city 45 kilometres southwest along the coast from 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> 37th edition host venue Barcelona. Racing will take place outside the port entrance, affording excellent viewing opportunities for spectators.<img src="https://photo-assets.superyachttimes.com/photo/262196/image/large-33448642745d58b02640549e1330693d.jpeg" data-gid="gid://syiq/Photo/262196">“The Port of Vilanova i la Geltrú is perfectly set up to host the first Preliminary Event of <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">AC37</a> with everything in such close proximity to the race course,” said <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> Event CEO Grant Dalton. “Racing will be just metres from the port entrance and prime viewing places will be offered from the La Daurada alongside huge public areas for a great fan village.” The regatta will also be broadcast through a dedicated <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> television production.“The magnificent facilities of Pendennis Vilanova and Vilanova Grand Marina will serve as the technical area which will host the team bases and their AC40’s and, of course, we will be proud to align with the Club Nàutic Vilanova as the local yacht club for the event,” added Grant Dalton.<img src="https://photo-assets.superyachttimes.com/photo/190141/image/large-6046e01182749f07cc54236cc31928fe.jpg" data-gid="gid://syiq/Photo/190141">The regatta will be sailed in the fleet of AC40’s in strict One Design class measurement as will be used for the Youth and Women’s <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 Cups</a>. This ensures the boats are equally matched and the winner will be decided based on sailing technique and foiling race-craft. The regatta gives a first glimpse of 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> elite teams in action.<img src="https://photo-assets.superyachttimes.com/photo/262244/image/large-b92e95b659650492c92f50bea76e980d.jpeg" data-gid="gid://syiq/Photo/262244">Albert Castellanos, Secretary for Business and Competitiveness of the Department of Business and Employment of the Generalitat de Catalunya added, "The confirmation of Vilanova i la Geltrú as the venue for the first Preliminary Regatta of 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">37th America's Cup-Barcelona 2024</a> is great news that confirms the commitment of the organisation to bring the sport of sailing to the whole territory, projecting our image to hundreds of millions of people around the world.”<img src="https://photo-assets.superyachttimes.com/photo/262243/image/large-84ded0f239c908bbd09494895bf9c5a7.jpeg" data-gid="gid://syiq/Photo/262243">The Club Nàutic Vilanova, a large sailing club based in the region, is lending its support to the regatta with its world-class facilities and infrastructure.In addition, the La Daurada restaurant and event venue, La Daurada, will become the social focal point of the regatta. The 10,000 square metre venue overlooks the regatta course, making it an ideal space to host the press centre and hospitality facilities. Mayor of Vilanova, Olga Arnau, said, “I am sure that our town will be a fantastic venue for the competition in the eyes of the world.”

Vilanova i La Geltrú to host AC37 preliminary regatta

Vilanova i La Geltrúhas been announced as the host venue for the preliminary regatta of the America’s Cup in September 2023.

Vilanova i La Geltrú to host Preliminary Regatta of the 37th America’s Cup

The yacht tender builder <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> is known for its sophisticated level of construction and engineering when it comes to fibreglass and carbonfibre vessels. The Australia-based shipyard builds to a vast array of requirements, while ensuring that each tender meets its high quality and integrity standards– and the 8.1-metre <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is no exception.<img src="https://photo-assets.superyachttimes.com/photo/194897/image/large-c15d1dc96cc0b109711ae0053b191d81.jpg" data-gid="gid://syiq/Photo/194897">The <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is a customisable tender that is able to mirror elements and details of her mothership. The sleek enclosed tender allows owners to adapt her proven design to create a cohesive fleet, while retaining <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a>’s immaculate finish.<img src="https://photo-assets.superyachttimes.com/photo/194836/image/large-93114644962e04f827a32e7ac682208c.jpg" data-gid="gid://syiq/Photo/194836">The 8.1-metre <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is of unique distinction, packed with features that make her stand out from other competitors. Her stylish exterior includes side decks that run the full length of the cabin, making access from helm aft on both sides functional, and safe for crew and guests alike.<img src="https://photo-assets.superyachttimes.com/photo/194905/image/large-78ad2d761e88bc16d90a5af3f5af1343.jpg" data-gid="gid://syiq/Photo/194905">The quality and construction of <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> tenders is second to none, with features specific to both the owners requests and imagination. The <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine introduces guests to safe and relaxing yachting with an impressive interior design.<img src="https://photo-assets.superyachttimes.com/photo/194903/image/large-9530354a0398235c15d08f368c7c1c39.jpg" data-gid="gid://syiq/Photo/194903"><img src="https://photo-assets.superyachttimes.com/photo/194901/image/large-934b9cfa0c098ab5f950f900dcf0d8e8.jpg" data-gid="gid://syiq/Photo/194901">The 8.1-metre <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine tender welcomes guests onboard from her boarding foyer and accommodates them with excellent headroom. Her 2.49-metre beam complements her comfortable seating to allow for a safe and reliable journey.<img src="https://photo-assets.superyachttimes.com/photo/194834/image/large-d19db97e595c8f3a6eca26d852321121.jpg" data-gid="gid://syiq/Photo/194834">The <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is able to carry up to 12 guests, alongside a crew of two to ensure that guests always receive the highest quality of service to match her impressive performance.<img src="https://photo-assets.superyachttimes.com/photo/194832/image/large-71a0abbf17b69f7842bff204a0fabd93.jpg" data-gid="gid://syiq/Photo/194832">Guests onboard the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine are also able to take advantage of her large windows and spacious air-conditioned interior, as well as her height-adjustable roof. The adaptable roof is electrically operated and auto lockable at any height, and allows the owner to control the airflow through the cabin when moving or stationary.<img src="https://photo-assets.superyachttimes.com/photo/194906/image/large-07090327e83dfe557ca9f5cd473ab1cc.jpg" data-gid="gid://syiq/Photo/194906">The uber-sleek and sophisticated design of the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine tender allows for easy storage when not in use. At just 1.86-metres in height, she is able to fit into a very low transom garage, making her a versatile tender.<img src="https://photo-assets.superyachttimes.com/photo/194895/image/large-b86a2f0d91e499c0ee22d5083e8a88d3.jpg" data-gid="gid://syiq/Photo/194895">Performance-wise, the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is equipped with twin <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> D3, 200 horsepower engines as standard. With an eye-watering top speed of 38 knots, the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine includes steering and throttle by wire, a single throttle control and joystick docking.<img src="https://photo-assets.superyachttimes.com/photo/194881/image/large-906c02ada528698d204bb8dc1f23e22c.jpg" data-gid="gid://syiq/Photo/194881">In terms of propulsion, the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine tender is fitted with twin <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> DPS Duoprop drives with twin horsepower bow thrusters to ensure that guests always arrive at their destination efficiently and in style.<img src="https://photo-assets.superyachttimes.com/photo/194835/image/large-2a042d68bcf97d71bab68228413bd689.jpg" data-gid="gid://syiq/Photo/194835">

Introducing the Vikal SP 8.1m Limousine tender

Introducing the Vikal SP 8.1m Limousine tender, packed with features that make her stand out from other competitors.

<a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> and <a data-gid="gid://syiq/Company/2169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Messerschmitt Yachts GmbH (Company)">Messerschmitt Yacht Design</a> have unveiled the renderings for a new 78.8-metre superyacht concept, MTT-Shield. The concept was created by <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> in collaboration with Swiss design studio <a data-gid="gid://syiq/Company/2169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Messerschmitt Yachts GmbH (Company)">Messerschmitt Yachts</a>. She was designed for long-range journeys across all oceans, described as an oceangoing ‘long bonnet racing car’. <img src="https://photo-assets.superyachttimes.com/photo/262194/image/large-044eb13941c2061b56e7fba0bd70b4b7.jpeg" data-gid="gid://syiq/Photo/262194">MTT-Shield offers three different entry points. Guests can board at the stern thanks to a large twin platform and twin staircases ascending to the main deck aft. Alternatively, guests can also enter via the hydraulic foldable gangway on the starboard side. The third major access point is the large helipad, featuring broad staircases on both sides that lead to a hidden relaxation area in front of the wheel house. <img src="https://photo-assets.superyachttimes.com/photo/262188/image/large-f2174d1c3483f189dbb013534f807611.jpeg" data-gid="gid://syiq/Photo/262188">Inside, MTT-Shield provides a sumptuous interior and several lounges to ensure a comfortable stay onboard. Surrounded by floor-to-ceiling windows, passengers are spoiled with splendid panoramic views of the ocean. The main saloon features large sliding doors on either side to fill the space with fresh air. The central elevator connects each of the four levels, allowing for easy access throughout the yacht. <img src="https://photo-assets.superyachttimes.com/photo/262192/image/large-ec2f821ea18661565946ce9498f9b4ea.jpeg" data-gid="gid://syiq/Photo/262192">Her six-stateroom configuration includes a full-beam owner’s suite on the main deck, with the remaining guest staterooms situated on the lower deck. The spacious owner’s suite benefits from a private office, dressing room, and a balcony, creating a private hideaway onboard. She is able to accommodate up to 18 crew to ensure her guests have a comfortable cruising experience.<img src="https://photo-assets.superyachttimes.com/photo/262191/image/large-881ffdb9a6ba1f510577553646482102.jpeg" data-gid="gid://syiq/Photo/262191">MTT-Shield’s exterior boasts numerous luxurious amenities, perfect for lengthier cruises. On her lower deck, guests can wind-down in the fully-equipped spa, which contains a plunge pool, hammam, and a sauna. Her generously-sized tender garage is able to store a plethora of toys, so guests can turn the ocean into their own personal playground.<img src="https://photo-assets.superyachttimes.com/photo/262190/image/large-d031fb666e06d2a390673752cd5c5aba.jpeg" data-gid="gid://syiq/Photo/262190">Up on the main deck lies more lounging areas, including a large Jacuzzi, and an alfresco dining area for 12, shaded to block any uncomfortable sunlight while dining. A bar, ideal for evening cocktails, is located next to the dining area. Her sundeck features a fitness area, another Jacuzzi, and more seating options, so guests can sit back and relax after a satisfying training session.<img src="https://photo-assets.superyachttimes.com/photo/262195/image/large-2b7cfd9f4716a88dd5cff69aa84d8db5.jpeg" data-gid="gid://syiq/Photo/262195">Performance-wise, the motor yacht is able to reach a top speed of 17 knots and a cruising speed of 12 knots.

Nobiskrug unveils new 79m superyacht concept MTT-Shield

Nobiskrug and Messerschmitt Yacht Design have unveiled the renderings for a new 78.8-metre superyacht concept, MTT-Shield.

home-hotpics#1

home-featured-hero#0

MTT-Shield: Nobiskrug and Messerschmitt Yacht Design unveil new 79m superyacht concept

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has acquired a 70,000 square-metre located production site in Ravenna, Italy, which was financed entirely with equity raised by the company’s listing on the Hong Kong stock exchange.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is a world leader in the design, construction, and sales of luxury yachts. Led by Chief Executive Officer Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> owns and manages seven shipyards across Italy and has recently announced the acquisition of a new production facility in San Vitale, province of Ravenna.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/205162/image/large-55c378269a7c50145cf5561442898726.jpeg" data-gid="gid://syiq/Photo/205162">“Ravenna is the right home for Wally sailing yachts and the expansion of our other brands, starting with the extraordinary <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Yachts<a data-gid="gid://syiq/YachtModel/12694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti InFYnito 9026.97m (88'6&quot;)">&nbsp;INFYNITO&nbsp;</a>range. We choose Italy again and invest not only to become stronger but also to hold the flag high for an industry that is a symbol of our country: luxury yachting and the extensive entrepreneurship and artisan craftsmanship network that is the admiration and envy of the entire world,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, &nbsp;Alberto Galassi. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">The Ferretti Group</a> will invest a total cost of 80 million euros towards the 70,000 square-metre site, including a dry dock. The initial acquisition investment cost the Italian company around 40 million euros, while over the next three years, a further 40 million euros will be needed to craft new production spaces and an R&amp;D centre.&nbsp;This acquisition underpins the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> ambitions and growth strategy, with this recent facility looking to enable them to increase their production by 20%. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group&nbsp;</a>CEO Alberto Galassi explains how this “acquisition keeps a promise” as <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> “have big plans and picture a state-of-the-art production site from every point of view: worker well-being, positive social impact, and environmental protection.” The new space is conveniently close to their Forlì headquarters and Cattolica shipyard. Other investments from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> have included expansions across the La Spezia and Ancona Superyacht Yard, which aligns with the Italian company’s five-year growth strategy.

Ferretti Group expands and acquires a Ravenna site

Ferretti Group acquires a production site in Ravenna, forming part of their five-year growth strategy.



Ferretti Group acquires 70,000 square-metre production site in Ravenna, Italy

Unique superyacht beach clubs

SuperYacht Times has rounded up some of the best Superyacht beach clubs featuring wellness spas, swimming pools, cocktail bars, and much more. 

home-featured-bottomleft#0

design-hero-slider#4

A closer look at 5 unique superyacht beach clubs

The 26.42-metre <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow</a> motor yacht <a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> was sold in an in-house deal by Brandon Barnes from <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>, who represented both the buyer and the seller. <img src="https://photo-assets.superyachttimes.com/photo/254430/image/large-a0023b2be0985dcb1a2d8b5155130bb1.jpeg" data-gid="gid://syiq/Photo/254430"><a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> was delivered in 2016 from <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow’s</a> shipyard in China. She was fully designed by her builder, who provided her with the finest equipment and the newest generation of technology. <img src="https://photo-assets.superyachttimes.com/photo/254437/image/large-04598ded75d11d7f95f1da2542fa1b39.jpeg" data-gid="gid://syiq/Photo/254437"><a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> features a functional layout with a spacious and modern interior. Her main saloon is surrounded by windows and contains a white L-shaped sofa accompanied by armchairs, a wide-screen television, and a bar forward. She can accommodate up to eight guests across four sumptuous staterooms, including a full-beam master suite with plenty of storage space. <img src="https://photo-assets.superyachttimes.com/photo/254428/image/large-dd644a92e665bfe35bffc068bcc687b2.jpeg" data-gid="gid://syiq/Photo/254428"><img src="https://photo-assets.superyachttimes.com/photo/254427/image/large-20f7b4c9f320669aa0e95fd6bcd351b6.jpeg" data-gid="gid://syiq/Photo/254427">Her exterior decks offer numerous seating options, including a wet bar equipped with a grill area and fridge, sunbeds, and an alfresco dining table.<img src="https://photo-assets.superyachttimes.com/photo/254423/image/large-56b84ad6e71c941b2c8cb4815bd47601.jpeg" data-gid="gid://syiq/Photo/254423">Performance-wise, the 131 GT motor yacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, allowing her to reach a top speed of 29 knots and a cruising speed of 24 knots. At the time of her sale, she had a last-known asking price of $3,695,000.

26m Marlow motor yacht Never My Love sold

The 26.42-metre Marlow motor yacht Never My Love sold with a last-known asking price of $3,695,000.

Yachting Dinner Night, the culinary event dedicated to the leading players of the contemporary superyacht scene, arrived for the second time in Pietrasanta, Viareggio, Italy. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/261856/image/large-eec070df5f80b9517b72715376fdaa6f.jpg" data-gid="gid://syiq/Photo/261856">The previous two editions in Pietrasanta and Amsterdam were a great success and inspired curators <a data-gid="gid://syiq/Company/7067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Towant (Company)">TOWANT</a> and <a data-gid="gid://syiq/Company/7068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ceragioli-Storåkers Associates (Company)">Ceragioli-Storåkers Associates</a> to replicate the event once again. The dinner was held on 14 March.Five shipyards competed against one another to present the best dish to an audience of nautical-architectural practices, international design brands and the press. As “chefs”, the shipyards are the protagonists of Yachting Dinner Night, with each proposing a dish that tells something about its history, philosophy or projects. <img src="https://photo-assets.superyachttimes.com/photo/261852/image/large-d7a00d30a1e0cc0e4594379d2d9efc9b.jpg" data-gid="gid://syiq/Photo/261852"><a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, Amer Yachts, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> took to the kitchen for the first Yachting Dinner Night of 2023. But before guests were invited to sit down and enjoy the curated dishes, a presentation of both Yachting Dinner Night and its protagonists was held nearby at Barbara Paci Art Gallery, a contemporary gallery in Pietrasanta historical centre. <img src="https://photo-assets.superyachttimes.com/photo/261858/image/large-84d8562ed31eb60691909eb4135aada9.jpg" data-gid="gid://syiq/Photo/261858"><img src="https://photo-assets.superyachttimes.com/photo/261860/image/large-ba54d365d65d7465b248ce2cd191c475.jpg" data-gid="gid://syiq/Photo/261860"><img src="https://photo-assets.superyachttimes.com/photo/261862/image/large-f038aec91cc2bd29865690bbf6c60a60.jpg" data-gid="gid://syiq/Photo/261862">The dinner itself was hosted at the vibrant kitchen that conjoins the gallery, Ristorante Filippo. The shipyards arranged a five courses menu of creative dishes: Sinergia, a typical capponada from Liguria; OSS-Paragus Bake, a silver-plated fish &amp; asparagus that pays tribute to Heesen’s Dutch origins; The Blooming Effect, a green risotto with flowers from Sanremoen tradition; Muscoli a km 0, mussels from La Spezia, Italy; and The Origin of Beauty, a special dessert to celebrate Benetti’s 150th birthday.<img src="https://photo-assets.superyachttimes.com/photo/261863/image/large-85f4db16e99c3b81f62cbe1f2175dfe9.jpg" data-gid="gid://syiq/Photo/261863"><img src="https://photo-assets.superyachttimes.com/photo/261853/image/large-010395619f68ac51dc8ee1ff8dd596b4.jpg" data-gid="gid://syiq/Photo/261853"><img src="https://photo-assets.superyachttimes.com/photo/261855/image/large-af00dac7a67359fda6ad2c1efe1cc516.jpg" data-gid="gid://syiq/Photo/261855">Cesana, Dornbracht, Flos, Model Maker Group and Videoworks, as well as representatives from <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SYBAss</a> and 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>, formed the jury. While the media, including a representative of SuperYacht Times, had a separate vote for the press award. <img src="https://photo-assets.superyachttimes.com/photo/261857/image/large-e93a29bcd270f8332c10e6858b5daa66.jpg" data-gid="gid://syiq/Photo/261857">The votes were cast and, while all shipyards were awarded merit and praise for their participation, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> was the unanimous winner, claiming both the Yachting Dinner Night Award and the Press Award.Read:&nbsp;<a data-gid="gid://syiq/Article/57183" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A recap of the Amsterdam Yachting Dinner Night (2022-11-28 11:00:00 +0100)">A recap of the Amsterdam Yachting Dinner Night</a><img src="https://photo-assets.superyachttimes.com/photo/261859/image/large-adf7ce7d3cb26ba833f12d9d578956d1.jpg" data-gid="gid://syiq/Photo/261859">Yachting Dinner Night once again proved to be a great success, promising to become a staple event that moves from location to location. Organisers <a data-gid="gid://syiq/Company/7067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Towant (Company)">TOWANT</a> and <a data-gid="gid://syiq/Company/7068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ceragioli-Storåkers Associates (Company)">Ceragioli-Storåkers</a> are already planning the next dinner, which will be held in the Principality of Monaco. This convivial event, aimed at engaging guests, has aroused a lot of interest in building and nurturing networks in the world of yachting.<img src="https://photo-assets.superyachttimes.com/photo/261861/image/large-f9ff5e3309acce59c6501543a20bce15.jpg" data-gid="gid://syiq/Photo/261861">

Yachting Dinner Night in Pietrasanta before YARE 

Yachting Dinner Night had a successful third event, held in Pietrasanta Italy. Benetti was named winner with its desert Origin of Beauty. 

A third success for Yachting Dinner Night in Pietrasanta

After a three day battle is customary high winds and bright sunshine, the 33.24-metre <a data-gid="gid://syiq/Company/8" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Denship A/S (Company)">Royal Denship</a> sailing yacht <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> won the St Barths Bucket 2023 over this weekend. 25 yachts competed between the five racing classes that took part in this year's event; Les Gazelles, Les Elegantes, Les Mademoiselles, L'Esprit 1 and L'Esprit 2 (the Corinthian Spirit Class). <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a>, the 51.7-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a>, a regular on the race circuit, took home the prize for best owner driven performance, while her sistership the <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a> 51.7-metre <a data-gid="gid://syiq/Yacht/1226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana51.7m (169'7&quot;)Alloy Yachts2006">Prana</a>, was awarded best starter.<img src="https://photo-assets.superyachttimes.com/photo/262098/image/large-a9663124253318752df558799d73ca73.jpg" data-gid="gid://syiq/Photo/262098"><img src="https://photo-assets.superyachttimes.com/photo/262018/image/large-d987aa7f202ad57c9f622d7c1de9f44b.jpg" data-gid="gid://syiq/Photo/262018"><img src="https://photo-assets.superyachttimes.com/photo/262068/image/large-da7bd64052ae4e40c41a7d94b6f1afe1.jpg" data-gid="gid://syiq/Photo/262068">Race Day 1The first day of the regatta saw the fleet sail counterclockwise in an 28-25 knot northerly, with the conditions forcing three yachts to withdraw from the 20-26 nautical mile course.&nbsp;“After our light-air training this week, today was a wake-up call, but expected,” said Tom Whidden, helmsman for the smallest yacht in the fleet, the 28 metre ketch <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a>, which won Les Mademoiselles. “It was really rough in the corner on the other side of the island, on the way to the rock (a natural mark of the course named Ile Fourchue), but we were happy with the crew work and the boat management.” Whidden has won the Bucket before on <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a>&nbsp;and twice more on different entries (including <a data-gid="gid://syiq/Yacht/2250" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kawil34.14m (112'0&quot;)Derecktor Shipyards2000">Kawil</a>, last year). He added with a chuckle, “You see, the captains of these boats tell you they will kill you if you break anything, so you have to be careful with your resources.” &nbsp;(<a data-gid="gid://syiq/Yacht/2250" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kawil34.14m (112'0&quot;)Derecktor Shipyards2000">Kawil</a>, sailing this year against Whidden’s team, retired due to a headstay furler that broke near Ile Fourche.)<img src="https://photo-assets.superyachttimes.com/photo/262024/image/large-7b2364e42cda9f5e3493ba2c97459efa.jpg" data-gid="gid://syiq/Photo/262024"><img src="https://photo-assets.superyachttimes.com/photo/262022/image/large-55d4467729a449d63a85cf4909f28a41.jpg" data-gid="gid://syiq/Photo/262022">Peter King, navigator aboard the 52 metre sloop <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a>, which won L’Esprit 1, said his team “didn’t have the best start but made up for it later and didn’t break anything.” This is King’s fifth time competing in the Bucket and first time sailing in the “Corinthian Spirit” class. More important, it is the first time <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a> has ever raced period, so the yacht’s owner is delighted. “The owner loves to drive, so he drove the whole time and did a great job,” said King.The 44-metre schooner <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a>, one of the most elegant yachts in the L'Esprit 2 fleet, recorded a 43.5 degree of heel on its winning sprint. “We were taking a lot of water over the deck but we were under control,” said guest crew Jakob Havrlant, who counts this as his first Bucket but says it won’t be his last. “Some of the sloops were catching us upwind, but we were a reaching machine on the other legs. It was a perfect race for us.”<img src="https://photo-assets.superyachttimes.com/photo/262032/image/large-3b5b9f18e2aeb1b28744676f0fdc61b6.jpg" data-gid="gid://syiq/Photo/262032"><img src="https://photo-assets.superyachttimes.com/photo/262031/image/large-0ec3a3f6dab99fc18126e6e86b5123fb.jpg" data-gid="gid://syiq/Photo/262031">Race Day 2The second day saw yet another high wind event with 25-27 knots over the 23-26 nautical mile course. “It was a lot of wave action and wind, with gust of 25-27 knots,” said Steve Rowland, the owner/driver of the 34 metre sloop <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a>, which now leads Les Mademoiselles after suffering a steering problem and finishing fourth yesterday. “It made for a lot of hard work, but we won, so I guess that was a good thing!” <img src="https://photo-assets.superyachttimes.com/photo/262028/image/large-63d1c5872098bfe93ae5d3dd11b57f38.jpg" data-gid="gid://syiq/Photo/262028"><img src="https://photo-assets.superyachttimes.com/photo/262030/image/large-4420de271e2f182aa983a156bd435a38.jpg" data-gid="gid://syiq/Photo/262030">The yacht was the fourth to cross the start line, but was the first to cross the finish line, despite an issue with her spinnaker during the opening leg. She managed to peg <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a> to cross the line first, followed closely by <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and the <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman Shipyard BV (Company)">Royal Huisman</a> sloop <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a>.<img src="https://photo-assets.superyachttimes.com/photo/262103/image/large-eb6046c44b2cb0daea1b7999db055ee6.jpg" data-gid="gid://syiq/Photo/262103"><img src="https://photo-assets.superyachttimes.com/photo/262104/image/large-2e8fe29f68d01d3f44b25d15f34e30d9.jpg" data-gid="gid://syiq/Photo/262104">In Les Gazelles class the <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a> yacht <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> took the top spot, overtaking the Day 1 winner, another <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a>, <a data-gid="gid://syiq/Yacht/1163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Visione44.84m (147'1&quot;)Baltic Yachts2002">Visione</a>. “Yesterday we got stuck behind some other boats and <a data-gid="gid://syiq/Yacht/1163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Visione44.84m (147'1&quot;)Baltic Yachts2002">Visione</a>, faster on the reaches, beat us right at the end,” said <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>’s Captain Will Glenn, explaining that today, with longer downwind legs than yesterday, <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> had an advantage. “It is what <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>&nbsp;is designed for, and tomorrow’s course has lots of downwind in it, too, so we are confident we can win.”In the L’Esprit 2 Columbia once again took the top spot, with the 52-metre <a data-gid="gid://syiq/Yacht/401" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Q52.0m (170'7&quot;)Alloy Yachts2008">Q</a> close behind her and 56.1-metre <a data-gid="gid://syiq/Yacht/1936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melek56.01m (183'9&quot;)Perini Navi2010">Melek</a> taking the third position.<img src="https://photo-assets.superyachttimes.com/photo/262038/image/large-cc10bb13691545eabe92a582675dd8ee.jpg" data-gid="gid://syiq/Photo/262038"><img src="https://photo-assets.superyachttimes.com/photo/262057/image/large-864b8c3fbf9a53d71b6cfac7007f653a.jpg" data-gid="gid://syiq/Photo/262057">Race Day 3The wind on this last day of the three-day series toned down ever so slightly to 18-24 knots, giving sailors somewhat of a reprieve from the 20-26 knots that prevailed on Friday and Saturday. In all classes, the leaders of Day 2 held their own to clinch overall victory on the final race day.“The wind and sea state was definitely at the upper end for some boats, and certainly for the Race Committee making decisions,” said Race Chairman Peter Craig. “Typically, we sail around the island on Sunday, but we made a decision to keep the boats in the lee of St. Barths for the larger part of today’s race with a course option that was newly added to the Bucket this year.”<img src="https://photo-assets.superyachttimes.com/photo/262059/image/large-752263cd59cbb776f083830aeaf328c1.jpg" data-gid="gid://syiq/Photo/262059"><img src="https://photo-assets.superyachttimes.com/photo/262060/image/large-e591bf54e38666089bf3a4465ed2aa27.jpg" data-gid="gid://syiq/Photo/262060"><a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> won the six-boat Mademoiselles to take overall victory in that class with a 4-1-1 score line. “I’m over the top about it,” said <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a>’s owner/driver Steve Rowland, explaining that this is his fourth Bucket with <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> and his first class win, not to mention overall victory, which is decided by a number of factors including performance and time differentials. “We were in a three-way tie going into today with <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a>, so we knew we had to beat both of them. I tried not to think of anything but getting to the finish line once we had passed Bequia (the 28 metre ketch that started ahead) in the final miles of the race and had <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a> (the 37 metre sloop that started behind) gaining on us from behind.” (<a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a> finished second and third, respectively, in overall results.)<img src="https://photo-assets.superyachttimes.com/photo/262087/image/large-eefdccb01be2ca2a8ff27ac454f9585f.jpg" data-gid="gid://syiq/Photo/262087">In the L’Esprit 2 Corinthia Spirit Class Columbia held her own and was the only class winner to also win every one of her races. The 49.8-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> <a data-gid="gid://syiq/Yacht/925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almyra II49.8m (163'5&quot;)Perini Navi2000">Almyra II</a> was her closest competitor, taking the second position. <img src="https://photo-assets.superyachttimes.com/photo/262015/image/large-673bdaf099414fbd8852e797abee99af.jpg" data-gid="gid://syiq/Photo/262015">“In both the first and second races, <a data-gid="gid://syiq/Yacht/925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almyra II49.8m (163'5&quot;)Perini Navi2000">Almyra II</a> was ahead of us,” said <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a>’s tactician Tony Rey, “and I have to give credit to our crew members who handled the spinnaker, because we were able to pass them back both times on downwind legs.” On day one, <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a> started first and finished first, putting others on alert that this was not just a modern-built recreation of a 1924 fishing schooner that would be slogging around the course. “The boat’s like one of those old flexible flyer sleds you might have had when you were a kid; everything moves and bends but it keeps moving ahead,” said Rey. “We had a mix of traditional schooner sailors and grand prix sailors working together. Our navigator Nacho Postigo helped bring some digital know-how to an analog boat and tracked our progress over the last three days; it was nice to see how we improved as a team.”<img src="https://photo-assets.superyachttimes.com/photo/262092/image/large-9842c9b7f11fc4741ac716d38bb4b863.jpg" data-gid="gid://syiq/Photo/262092"><img src="https://photo-assets.superyachttimes.com/photo/262094/image/large-8f33ee74c55528b13ccf3ce367b5faa7.jpg" data-gid="gid://syiq/Photo/262094">

St Barths Bucket 2023 results

The St Barths Bucket 2023 came to a close over the weekend with Nakupenda taking the top spot.

Mergers & Acquisitions

Italian shipyard CdM sold with Vasco Buonpensiere appointed CEO