<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> has published its quarterly business report, highlighting that Q1 of 2022 has been a “positive” year so far. The industry has experienced an impressive year of sales, and <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> expects this upward trend to continue. <img src="https://photo-assets.superyachttimes.com/photo/223343/image/large-2771daf28e5aed1614af060fb3910c24.jpg" data-gid="gid://syiq/Photo/223343">The United States, the Southeast and the Mediterranean regions all achieved record sales last year, with the US market alone shifting in excess of 300,000 motor boats for the second consecutive year. Highlighting a broadened customer base and invigorated interest in yachting, the market’s performance this year has primarily been driven by new orders. Notably, 2022 has witnessed the third highest first quarter boat sales of the last 15 years, trailing behind 2021 and 2018.<img src="https://photo-assets.superyachttimes.com/photo/221314/image/large-23d95855b8757ef00d75675a3f71420d.jpg" data-gid="gid://syiq/Photo/221314">“Sales of yachts measuring 78 feet and longer were higher in the first quarter this year than over the same period in 2020 and 2019,” according to the report.When considering sales across all the top yachting regions, the number of units sold is less than Q1 of 2022, but still considerably more than pre-pandemic times. “Asia registered a 35 percent drop from the target-shattering 2021 figures, followed by North America with 16 percent. Surprisingly, sales in Europe only dropped by 8 percent, even with sanctioned Russian buyers, who have traditionally accounted for 9 percent of all global superyacht sales,” the report stated.<img src="https://photo-assets.superyachttimes.com/photo/225539/image/large-5e209a96d46aff0d7648c92d662ff627.jpg" data-gid="gid://syiq/Photo/225539">Read:&nbsp;<a data-gid="gid://syiq/Article/54952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine finalises acquisition of Denison Yachting (2022-04-12 16:00:00 +0200)">OneWater Marine finalises acquisition of Denison Yachting</a><a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>’s figures mirror the industry and the report states that the company had a “remarkable Quarter 1”. Sales exceeded $160 million for the second consecutive first quarter, for the American-based brokerage firm. “We attribute this performance to the uptick of people looking to finally sell their old boats and take advantage of the increased demand or upgrade to larger or more modern options,” the company stated.<img src="https://photo-assets.superyachttimes.com/photo/178342/image/large-4c6ee80e15ccd3c91b0a61b672d6e834.png" data-gid="gid://syiq/Photo/178342">Read:&nbsp;<a data-gid="gid://syiq/Article/54812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bob Denison on why acquisition by OneWater Marine means big things for the American yacht brokerage firm (2022-03-22 13:15:00 +0100)">Bob Denison on why acquisition by OneWater Marine means big things for the American yacht brokerage firm</a>“As the yachting season kicks in, <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison</a> is excited to see how the market will develop in the coming months. We are optimistic and believe that with the right mix of innovation, adaptation, and agility, 2022 will not fall far behind the phenomenal year that was 2021,” the company concluded.

Denison Yachting 2022 Q1 report

Yacht Haven Grande Miami at Island Gardens Marina

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Palm Beach International Boat Show - 2022

Bob Denison of Denison Yachting 

Yacht Haven Marina Miami

Denison Yachting has published its quarterly business report, highlighting that Q1 of 2022 has been “positive”.

2022 Q1 report: Denison Yachting secures more than $160m in sales and is “confident this will be another solid year for yachting”

Strong headway has been made in Amsterdam with the forthcoming <a data-gid="gid://syiq/Company/6736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dutch Superyacht Tech Campus (Company)">Dutch Superyacht Tech Campus</a>, as construction moves forward. The first phase of the quay is being built and the process of making 22 hectares of extra land is still ongoing but taking shape quickly.&nbsp;The team will enter phase two, building docks one, two and three next month, with completion expected by June 2023. In the coming weeks, work should also commence on the quays and floating pier.<img src="https://photo-assets.superyachttimes.com/photo/263037/image/large-ecf82b72fcc7ec28f2bb7e5ce93b8313.jpg" data-gid="gid://syiq/Photo/263037">The historic 53-hectare plot of land in the western port area of Amsterdam was acquired by the investment company Larendael in November 2022 and ground was broken last summer. The <a data-gid="gid://syiq/Company/6736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dutch Superyacht Tech Campus (Company)">Dutch SuperYacht Campus</a> aims to be “the most innovative location for the construction, refit and maintenance of superyachts”.<img src="https://photo-assets.superyachttimes.com/photo/262865/image/large-2b21708ca39e03b2a1ecce729b35d85d.jpg" data-gid="gid://syiq/Photo/262865"><img src="https://photo-assets.superyachttimes.com/photo/262866/image/large-5aa49406b0b919144e62cb8bb625ca85.jpg" data-gid="gid://syiq/Photo/262866">Read:&nbsp;<a data-gid="gid://syiq/Article/53993" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dutch Superyacht Tech Campus unveiled: Construction and refit site in Amsterdam (2021-11-02 09:00:00 +0100)">Dutch Superyacht Tech Campus unveiled: Construction and refit site in Amsterdam</a>The <a data-gid="gid://syiq/Company/6736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dutch Superyacht Tech Campus (Company)">Campus</a>, located in the Amsterdam harbour, is very accessible tideless and will offer space for yachts up to 200 metres long. It has been designed to encourage specialists to work together at one location, to design and produce yachts from start to finish whilst facilitating training activities. <img src="https://photo-assets.superyachttimes.com/photo/262864/image/large-fb3fbeba2fe36682fc7c36df37e6e771.jpg" data-gid="gid://syiq/Photo/262864">Read:&nbsp;<a data-gid="gid://syiq/Article/55339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Construction underway for the Dutch Superyacht Tech Campus in Amsterdam (2022-06-13 12:30:00 +0200)">Construction underway for the Dutch Superyacht Tech Campus in Amsterdam</a>Once completed the <a data-gid="gid://syiq/Company/6736" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dutch Superyacht Tech Campus (Company)">Campus</a> will be a site that will host numerous buildings for education, research and development, as well as innovation labs and production halls. It will also have four docks for yachts up to 200-metres in length and three for those up to 155-metres.&nbsp;An additional 40 mooring points will be available and 25 refit spots on shore, which will be serviced by a lift capable of carrying 80-metre yachts.

Dutch Superyacht Tech Campus in Amsterdam

Strong headway has been made as construction moves to the next stage for the Dutch Superyacht Tech Campus. 

Second construction phase underway at Dutch Superyacht Tech Campus in Amsterdam

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced their new project Scuola dei Mestieri (School of Trades), a professional training course for 18 to 30-year-olds looking to build a career in boatbuilding.<img src="https://photo-assets.superyachttimes.com/photo/263034/image/large-67848c46907f1bd04f21730f85a281ec.jpeg" data-gid="gid://syiq/Photo/263034">The course combines theory and experience in the yard, with the programme offering classroom sessions and workshops to on-the-job training in production department. The course aims to create real career opportunities for participants, such as naval carpentry, deck fitting, engine mechanics, the list goes on.The first edition of the three-month course officially launched in March, and will be held at the “Don Bosco” Professional Training Centre in Forlì. After this first stage in Forlì, the Scuola dei Mestieri will move to Mondolfo and Sarnico in September to involve more young people in the new project. As a world leader in the design, construction, and sales of luxury yachts, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> will share their expertise to the participants. The classroom courses will be held by managers and key technical experts who have worked in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/263033/image/large-8e97e43859dcc4c1858444f989e3b0af.jpeg" data-gid="gid://syiq/Photo/263033">“We see it as our duty towards the community, as well as a pleasure, to share the precious expertise acquired over the years by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> with young people keen to embark on this adventure, which we hope will be the beginning of a fruitful and long-term career,” announced the Company. “In September, following the kick-off in Forlí, the format will be used in the Mondolfo and Sarnico yards to train carpenters and mechanics respectively. We are extremely glad to be able to contribute in this way to the formation of a new generation of skilled workers.&nbsp;The three-month course is paid as if it were an extra-curricular internship. At the end of the three months, participants will receive certificates from both the company and the local government.

Ferretti Group announces new project Scuola dei Mestieri

Ferretti Group has announced their new project Scuola dei Mestieri (School of Trades).

Robert Lama has joined the <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> team as a Sales Consultant based out of the Fort Lauderdale office.<img src="https://photo-assets.superyachttimes.com/photo/49166/image/large-e22efe6e2a46f17cc0ded2f7ce0609ea.jpg" data-gid="gid://syiq/Photo/49166"> Lama began his career in the commercial insurance industry, purchasing a small firm and transforming it into Lama Insurance, which became one of New York’s largest brokerages. After selling the firm to First Niagara Financial Group, Rob was appointed as the company’s Senior Vice President, where he guided the Insurance Division with over $600,000,000 in annual sales. He also founded Lama Commercial Real Estate, where he negotiated site acquisitions for a number of large American retailers, including Walmart, CVS, and Rite Aid. During this time, Lama owned a yacht in Miami for his entire family to enjoy.&nbsp;After moving to Miami, Lama combined his love of yachting with his business acumen, establishing <a data-gid="gid://syiq/Company/5135" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miami International Yacht Sales LLC. (Company)">Miami International Yacht Sale</a>. Lama’s business and negotiation experience enabled him to find his niche in the sale of vessels over 30-metres. He now joins <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> in 2023 after many years of successfully running his own yacht brokerage firm. Lama takes pleasure in finding the perfect yacht for his clients, and supporting them throughout the process.&nbsp;

Robert Lama joins the IYC team

Robert Lama has joined the IYC team as a Sales Consultant based out of the Fort Lauderdale office.

<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> (<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 signed an exclusive partnership with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> for the US market. <img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">“We have chosen <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> as a partner for the US market because we have already had the opportunity to realise that we share the same approach and enthusiasm to yachting and we both are truly committed to customer care,” Vasco Buonpensiere, co-founder and 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>, commented.<img src="https://photo-assets.superyachttimes.com/photo/252324/image/large-827ea5d635e2cb0415deb33ca2da5470.png" data-gid="gid://syiq/Photo/252324">“We decided to team up with one of the most reputed and well-established companies in the field, <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>, which will provide forward-thinking advice and support to owners and brokers throughout the process of purchasing and managing a yacht built by <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>.”<img src="https://photo-assets.superyachttimes.com/photo/262723/image/large-48a70d5e7986240c07053eff073e590d.jpg" data-gid="gid://syiq/Photo/262723">"<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> will act as a real <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> sales office in the US, therefore becoming also a very important reference point for the American brokerage community which will deal with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> on the same terms as they would deal directly with the shipyard,” Buonpensiere continued.<img src="https://photo-assets.superyachttimes.com/photo/262722/image/large-f636b226d57f16e148be52ab8eba3529.jpg" data-gid="gid://syiq/Photo/262722">

CdM signs exclusive partnership with IYC

Cantiere delle Marche (CdM) has signed an exclusive partnership with IYC for the US market.

CdM signs exclusive partnership with IYC for US market 

After attempting to meet up during a very busy boot Dusseldorf, we finally had the chance to sit down with Nick Gelevert, Founder and CEO of <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> over Teams in early February. Nick comes from a long line of yacht brokers, his grandfather Hans Lengers founding the Netherlands’ first brokerage. Today Nick is both the CEO of the ‘first Dutch superyacht charter company’ <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> with seven international offices and an impressive portfolio of pedigree yachts, and the Sales Director of brokerage firm <a data-gid="gid://syiq/Company/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lengers Yachts (Company)">Lengers</a>. With expansion always on his mind, Nick has much in store for the boutique charter firm. SYT found out more. <img src="https://photo-assets.superyachttimes.com/photo/262239/image/large-028247e85db04278e4d7d6c2adfec517.jpeg" data-gid="gid://syiq/Photo/262239">With a legacy of brokerage in your family, was it always your plan to become a broker?I was born and raised in the midst of the yachting industry, and of course it came to my mind from a young age that I might work in the industry as well. My grandfather started selling yachts in the 1970s and there was also a boat building business within the family, so yachting is truly part of my family heritage. When the time came for me to start my first business however, I decided to break from the family tradition and I founded a company within the real estate industry. I think it was partly a youthful rebellion – I was only 23 – but I quickly realised that I’d made a mistake not following my passion for the yachting industry.I had been an active and competitive sailor from the age of eight, racing every week, and of course having grown up within my family, yachting was truly where my heart lay. So I &nbsp;decided to pivot the concept I’d created within the real estate industry, and do something similar within yachting. The business became <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters</a>; the first AirBnB for boats. <img src="https://photo-assets.superyachttimes.com/photo/69988/image/large-e5de394c61cf3a6b29fbcc9408e9bf14.jpg" data-gid="gid://syiq/Photo/69988">So how did an AirBnB for boats transform into a superyacht charter brokerage house?In 2015 we launched the platform and were the first in the world to do so. There were some other early adopters but we grew very quickly, operating in 63 countries with 12,000 boats available for rent. It was a successful beginning but we quickly realised that in order to become a truly profitable business, we would need a huge operational network. Boats are nothing like houses; they need work, maintenance and expansive shoreside support.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/50182/image/large-00c42362b1bed144ada7b119cd9afc4f.jpg" data-gid="gid://syiq/Photo/50182">Why do you think that the company has done so well – how do you stand out from the crowd?At the same time as I was having these thoughts, clients from Lengers were generating leads and asking questions about Boatsters and enquiring if I could assist them with yacht charter. From these leads came a very organic transition into <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a>, where we began to work with crewed yachts above 20-metres. Not long after this transition, we took Boatsters offline and I focused my energies on the development of the superyacht charter business. Since that decision we’ve opened international offices, are managing some very exciting yachts and expect to double our fleet in 2023. The company is positive and profitable and with the direction we’re currently going, we will be one of the top players in the charter industry within a few years.&nbsp;I believe that our approach is what makes us stand out. We are a boutique charter company, and we don't have aspirations to be the biggest, we want to provide the best service to a limited number of clients. We have regular contact with owners, we offer a personal concierge service for onshore support, we are incredibly active and make our clients really feel how much we value them. <img src="https://photo-assets.superyachttimes.com/photo/216778/image/large-e3b74dc8cf7cf04994e4b19dd6e7c678.jpg" data-gid="gid://syiq/Photo/216778">What has it been like breaking into an industry that has been dominated by long standing and large companies, such as&nbsp;<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>&nbsp;or&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>?When we set out we knew it would be like David and Goliath, but I have always enjoyed a challenge. My aspiration when we set out was to establish <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> as the industry’s first Dutch charter house, just as my grandfather was the first Dutch broker. I am happy to say we’ve achieved that goal and now we are looking to the next challenge.&nbsp;The yachting industry has an obsession with being the biggest, with companies claiming ‘the biggest charter fleet’ or the most charters completed, but what does that actually mean for the client? Very likely it means an impersonal approach, with yachts being managed by a conglomerate rather than a person &nbsp;– we do not aspire to become that kind of business!&nbsp;What are your plans for the future for the business?The next stage is expansion. We’ve built a base from which the company can grow exponentially and my attention first will be to make sure that our services are the best they can be. We aren’t going to be accepting any and all boats to the fleet, but really making sure that the yacht is able to offer clients the best services, with a stable crew and good knowledge base.&nbsp;In 2022 we had a revenue of over €12 million and with an expansion into the full spectrum of services including crewing and management, I expect that to see a stable increase this year. <img src="https://photo-assets.superyachttimes.com/photo/216755/image/large-6c1f9a59bba24e5170d83edfc3039cf0.jpg" data-gid="gid://syiq/Photo/216755">Finally, what advice would you give to an aspiring entrepreneur?Firstly, focus on an aspect of this industry and be the best at that aspect. There are so many generalists within yachting and what there needs to be is more specialists. Secondly, know your product better than your client, there are too many brokers out there who don't truly understand superyachts and that does a disservice to clients and dissuades people from remaining in yachting.<img src="https://photo-assets.superyachttimes.com/photo/262241/image/large-7cb830fd8f9d3ab3775a8b19035afdb5.jpeg" data-gid="gid://syiq/Photo/262241">Nick GelevertAge: 32Nationality: DutchSales revenue last 36 months: €200 million&nbsp;Company founded: 2014This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-44" rel="noopener noreferrer" target="_blank" title="">Issue 44 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Nick Gelevert of Boatsters Black

We interviewed Nick Gelevert, CEO of Boatsters Black, for the latest edition of our Entrepreneur in Yachting series.

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Building the first Dutch superyacht charter brokerage: Nick Gelevert of Boatsters Black

Turkey-based builder <a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF</a> has announced the appointment of Ali Tanir as General Manager. Ali Tanir joins the team with almost 20 years of experience in international operations and an extensive background within the industry.<img src="https://photo-assets.superyachttimes.com/photo/262377/image/large-8d67ef81bc2b6b444f4370ddc91cba84.jpg" data-gid="gid://syiq/Photo/262377">For the past 11 years, Ali Tanir worked at various positions at <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> ranging from Communication and Brand Manager to Head of International Sales. Prior to joining <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a>, Ali Tanir worked for a number of companies and institutions on the market, namely Istanbul Offshore Club, <a data-gid="gid://syiq/Company/1198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vicem Yachts (Company)">Vicem Yachts</a>, <a data-gid="gid://syiq/Company/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yuka Yacht (Company)">Yuka Yacht</a> and the UIM Class 1 Powerboating series."We strive to establish ourselves in the elite of the yachting world, and the new move will help us to achieve this," said Coskun Bayraktar, Founder and Owner of <a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF Yachts</a>. "I believe Ali Tanir is the perfect executive for the role of our new General Manager and with him leading the way we will be able to realise the most daring plans."<a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF</a> has already delivered three 24-metre <a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF</a> 80 catamarans since 2020 and is preparing to launch the fourth unit in the series.&nbsp;

VisionF Yachts appoints Ali Tanir as General Manager

Turkey-based builder VisionF has announced the appointment of Ali Tanir as General Manager. 

<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.The acquired production site has been speculated to be that of the<a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)"> Rosetti </a>shipyard.&nbsp;

Ferretti Group expands and acquires a Ravenna site

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


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

During the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> “Road to 2030” business presentation, the Italian shipbuilder detailed its strategy toward a carbon-neutral future, confirmed its strong financial health and announced its intention to acquire <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-33c2013c7f70e6061b95ebfb1d89c641.png" data-gid="gid://syiq/Photo/261779">The attitudes toward luxury and yachting are changing fast in China, and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> “expects big growth in Asia”, Massimo Perotti, Chairman and CEO of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, explained during the conference. “In the last year, we have seen two signs indicating change. The first is the Hainan Highlands – considered the monte-carlo of China – becoming a free tax zone. So the Chinese can go to Hainan Highlands and buy a yacht without paying taxes. A big achievement. Secondly, there is a programme from the government to increase the number of marinas from Hong Kong to Macau.”&nbsp;<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is the oldest and most established yacht dealer in Asia and the exclusive dealer of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> in the region. According to Ferruccio Rossi, Executive Director &amp; General Manager of <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/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> currently generates around €90-100 million annually, with “growing potential” for more sales in the region. <img src="https://photo-assets.superyachttimes.com/photo/186547/image/large-027506dd02607cf9f9f97c2bd2ae425b.jpg" data-gid="gid://syiq/Photo/186547">Read:&nbsp;<a data-gid="gid://syiq/Article/54941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="How Hong Kong could ignite a yachting boom in China (2022-04-12 14:00:00 +0200)">How Hong Kong could ignite a yachting boom in China</a>Outside of Asia and looking at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> more generally, the builder confirmed outstanding financial health with a backlog (as of 31 December 2022) cleared from Net Revenue New Yachts amounting to €1,069.6 million, compared to €915.6 million as of 31 December 2021. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> confirmed record-breaking orders for €452.2 million beyond 2023.&nbsp;An interesting phenomenon cited in the conference was a decrease in the average <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> client. Prior to the Covid-19 outbreak, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> buyers were, on average, 56 yet post-lockdown years, this age now stands at 48 – a significant decrease that brings a “new mindset to the yachting industry”<img src="https://photo-assets.superyachttimes.com/photo/178254/image/large-41061535f69fe7ca1d2c1b710787f63e.jpeg" data-gid="gid://syiq/Photo/178254"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has found that their average buyer is not only younger but is now spending twice as much time on board, with estimates as high as 120 days per year. Novel technologies such as Starlink support this trend, as owners can stay connected near enough anywhere in the world.&nbsp;In regards to its sustainability mission in the superyacht sector, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> confirmed it is still on track to launch the first 50 Steel equipped with methanol fuel cells to power all on-board services next year; and in 2028, it will launch the first superyacht – another 50 Steel – to be powered solely by methanol. <img src="https://photo-assets.superyachttimes.com/photo/192118/image/large-739ebb232bb40646a582286340b4632e.jpeg" data-gid="gid://syiq/Photo/192118">Read:&nbsp;<a data-gid="gid://syiq/Article/56805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo to launch 'net-zero' superyacht in 2027 (2023-01-24 12:30:00 +0100)">Sanlorenzo to launch 'net-zero' superyacht in 2027</a>Looking forward, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> expects to see high single-digit CAGR, starting with a forecast for 2023 between €810-830 million, up by 11% from 2022. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also expects its margin to increase significantly, with an EBITDA margin equal to or greater than 19.5% in 2025.&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> plans to invest between €143-155 million over the next three years. It will also expand its current portfolio of models from 26 to 36, comprising 17 in the yacht business unit, 8 in the superyacht business unit and 11 <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a>.&nbsp;

Sanlorenzo business report and intention to acquire Simpson Marine

Sanlorenzo announces strong financial health and the intention to acquire Simpson Marine during its “Road to 2030” business presentation. 

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Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine

Austria-based builder <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has announced it is expanding its presence in the Asian market by signing an agreement with <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a>.<img src="https://photo-assets.superyachttimes.com/photo/243181/image/large-c6914543e6f18b57554436d3995e9c7b.jpg" data-gid="gid://syiq/Photo/243181"><a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> will become an exclusive dealer for <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> in Singapore, Hong Kong, and Thailand, providing them with access and service to the company's full range of solar-powered catamarans for clients in those regions.<img src="https://photo-assets.superyachttimes.com/photo/255819/image/large-ba7002dd0ba0ef11a0ea9472f68f8485.jpg" data-gid="gid://syiq/Photo/255819">"<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has pioneered and championed this now key segment of alternative powered catamarans for close to 20 years, gaining incomparable experience and developing reliable and performing solutions,” commented Eric Noyel, Founder and CEO of <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a>.&nbsp;“We are proud to have been chosen to accompany them in this exciting development. We expect the solar electric catamarans to be a huge success in Southeast Asia. Our clients are increasingly sensitive to the environmental challenges.”<img src="https://photo-assets.superyachttimes.com/photo/261601/image/large-2ef3ffa25cc5484ab38191046f78700f.jpg" data-gid="gid://syiq/Photo/261601"><a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> already has over 15 years of experience in the boating industry and prides itself on being the trusted, exclusive dealer of luxury yachts from leading brands across the globe. The brand also represents <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> in those territories. The partnership with <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> will further establish the group as a central player in the Asia Pacific region and is a major step forward for both companies."We are pleased to have such a reputable company as our partner in a very promising yachting region," said Michael Köhler, CEO of <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a>. "We are excited to work together and bring sustainable yachting to Asia.”<img src="https://photo-assets.superyachttimes.com/photo/243176/image/large-f3cadca624fe4cea03175a21fb4280c5.jpg" data-gid="gid://syiq/Photo/243176"><a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> currently has 28 solar electric catamarans under construction in two production sites, including the flagship Silent 120 Explorer, with the order book filled until 2024. Both <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> and <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> are set to take part in the Singapore Yacht Show from April 27-30, 2023.

Silent-Yachts appoints new exclusive dealer in Asia Pacific

Silent-Yachts has announced the appointment of Asiamarine as a new exclusive dealer in Asia Pacific.

Silent-Yachts appoints Asiamarine as new exclusive dealer in Asia Pacific

Today we are proud to present you the all new SuperYacht Times. Built completely afresh by our in-house team, the launch signals a new era for the SYT website. Originally launched in 2007 as the first superyacht website with daily news and a free to access superyacht database, this new version is a major step in making SuperYacht Times future proof.<img src="https://photo-assets.superyachttimes.com/photo/261421/image/large-f548f0b612a343512f8cf2bba1de823c.jpg" data-gid="gid://syiq/Photo/261421">Thanks to the flexible setup of the system we can easily adjust every page and highlight breaking news items. Furthermore we can also build fully custom ads within this framework for our clients.Besides the look and feel of the website, we have also made a major change to the content that we will cover. Of course you will still be able to find all of the content you are used to, and we will continue to be the first with new launches and breaking news, but we have now added a more in-depth level to our editorial content.As you have recently seen, we’ve branched more deeply into the technical side of yachting with the launch of the <a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How to Build It</a> magazine. This content will feed into the new website with an online section updated throughout the year and dedicated to technical news, product updates and construction news. In addition to How to Build It, we have also developed several content topics;<img src="https://photo-assets.superyachttimes.com/photo/261420/image/large-4f86285194ba47950bcd58b63dd0956a.jpg" data-gid="gid://syiq/Photo/261420"><a href="https://www.superyachttimes.com/news" rel="noopener noreferrer" target="_blank" title="">News</a>As always, you can find all of the latest news first on the SuperYacht Times news section. Accuracy will continue to be the top priority for the SYT team and in the news section you will find everything we have published in chronological order.&nbsp;<a href="https://www.superyachttimes.com/yacht" rel="noopener noreferrer" target="_blank" title="">Yachts</a>Everything related to the world of superyachts, including access to SYT’s renowned superyacht fleet database which includes over 10,000 yachts over 24 metres.<a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">Yachts for Sale</a>SuperYacht Times has the largest collection of yachts for sale in the world, with more than 1,700 yachts for sale on our website right now. With the launch of the new SYT website we have developed our featured yachts for sale section, offering brokers the best positions on the website to get the most exposure for the yachts on the market.<a href="https://www.superyachttimes.com/business" rel="noopener noreferrer" target="_blank" title="">Business</a>In addition to all of the important business news from yacht builders and designers, the SYT editorial team will also report on the latest appointments, acquisitions and expansions from suppliers, brokers and more, delving deeper into the companies that make our industry tick. Subscribe for the SYT newspaper to get all the latest in-depth business features.<a href="https://www.superyachttimes.com/market" rel="noopener noreferrer" target="_blank" title="">Market</a>In our market section you will be able to find all of the latest yacht market updates, alongside unique insight from top industry experts. In this section you will also be ale to find all of the latest exclusive reports from the SYT iQ team, as well as download our annual The State of Yachting market report.<a href="https://www.superyachttimes.com/design" rel="noopener noreferrer" target="_blank" title="">Design &amp; Interior</a>&nbsp;SYT has always shared exclusive interviews with interior and exterior designers, as well as new concepts unveiled across the industry. We have now developed this important sector of the website, to include more onboard features of the newest, biggest and best yachts in the world.<a href="https://www.superyachttimes.com/how-to-build-it" rel="noopener noreferrer" target="_blank" title="">How to Build It</a>By now you will all have seen our new technical magazine How to Build It, and in the new dedicated section of the website you will be able to find out in-depth reports, supplier news and articles related to the technical side of the industry.<img src="https://photo-assets.superyachttimes.com/photo/239694/image/large-b3f9a4fef4245385ca88550126c4c443.jpg" data-gid="gid://syiq/Photo/239694"><a href="https://www.superyachttimes.com/event" rel="noopener noreferrer" target="_blank" title="">Events</a>&nbsp;&nbsp;You will be able to find a full directory of all yachting industry events on the SYT website, with a full list of exhibiting yachts and companies. You will also be able to find the top events news, be it regattas, conferences or, of course, yacht shows.&nbsp;We look forward to hearing your feedback on the new website and if there are features you would like to see in the future, we would like to hear from you so please reach out to us at <a href="mailto:news@superyachttimes.com" target="_blank">news@superyachttimes.com</a>&nbsp;&nbsp;&nbsp;

New SuperYacht Times website launched

Welcome to the new bigger and better SuperYacht Times website, with new features and more in-depth technical stories.

Welcome to the new SuperYacht Times

The twenty-sixth hull&nbsp;<a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 33 yacht has been launched at the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group&nbsp;</a>Superyacht Yard in Ancona, Italy, and has been named <a data-gid="gid://syiq/Yacht/12072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Buongiorno33.0m (108'3&quot;)Custom Line2023">Buongiorno.<img src="https://photo-assets.superyachttimes.com/photo/263133/image/large-49b208887bd6cd5291ff95d88ece42f6.jpg" data-gid="gid://syiq/Photo/263133"></a>The distinctive 33-metre, made-to-measure motor yacht entered the water on 15 March in the presence of the owner and their family from the Americas alongside all of the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line’s</a> employees.<img src="https://photo-assets.superyachttimes.com/photo/263132/image/large-bc7b543fd87c8089cd49692ee747aca3.jpg" data-gid="gid://syiq/Photo/263132">The yacht’s creation comprised a collaborative effort between the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line’s</a> Strategic Product Committee, which handled the exterior styling, and the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group</a> engineering departmenton her interior design. Strategic consultancy for the Navetta 33 interior design was provided by the Custom Line Atelier.<img src="https://photo-assets.superyachttimes.com/photo/263135/image/large-f1402b2c0452fa3f89ff7ee8a1ea9297.jpg" data-gid="gid://syiq/Photo/263135">Natural and pale colour schemes with hues of beige and green were adopted in the interior design of <a data-gid="gid://syiq/Yacht/12072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Buongiorno33.0m (108'3&quot;)Custom Line2023">Buongiorno</a>, with the owner working in partnership with <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>s Atelier’s interior designers and architects.<a data-gid="gid://syiq/Yacht/12072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Buongiorno33.0m (108'3&quot;)Custom Line2023">Buongiorno</a> is entirely bespoke, with the owner working to fully customise the space for their needs, focusing on the craftsmanship that harmoniously connects the interiors and exteriors of the boat. The yacht's expansive interior space can accommodate up to ten guests onboard, as well as room for five crew members, including the captain. <img src="https://photo-assets.superyachttimes.com/photo/263134/image/large-d67c7815e74b524eaf6808113f7f0f1d.jpg" data-gid="gid://syiq/Photo/263134">Top design brands, artisanal practices, and authentic, organic materials adorn the yacht, with each element precisely portraying the owner’s wishes. Lacquered wood and Taj Mahal beige marble accentuate the attention to detail executed by the design team both inside and out.<img src="https://photo-assets.superyachttimes.com/photo/263136/image/large-36205b2f2f6810b08c635e99031af346.jpg" data-gid="gid://syiq/Photo/263136">Performance-wise, she is powered by twin <a href="https://sya.superyachttimes.com/companies/man" target="_blank">MAN</a> engines, which give her a cruising speed of 12 knots and a top speed of 15 knots.

Custom Line launches Buongiorno yacht 

Buongiorno, the twenty-sixth hull of Custom LineNavetta 33, launches from the Ferretti Group Superyacht Yard in Ancona, Italy.

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Custom Line launches 33m Navetta 33 yacht Buongiorno

<a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a> is celebrating its 45th anniversary this year – and what a year the design studio has already had already, unveiling three new superyacht projects.&nbsp;The <a data-gid="gid://syiq/Article/56752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tommaso Spadolini unveils 90m superyacht concept with vast beach club (2023-01-16 13:15:00 +0100)">largest project presented was a 90-metre concept</a> which, if taken to build, would be the designer’s flagship superyacht. In a matter of weeks, after the 90-metre was showcased, <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Spadolini</a> pulled the wraps off of <a data-gid="gid://syiq/Article/57091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tommaso Spadolini unveils new 48m superyacht concept (2023-03-07 11:30:00 +0100)">a 48.5-metre, characterised by a semi-vertical bow</a> and very generous living space. The <a data-gid="gid://syiq/Article/56954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa unveils 50m superyacht concept Codecasa Jet 50 (2023-02-16 12:00:00 +0100)">third project is the most radical</a>, designed for <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> and inspired by aviation. The studio has been a hive of activities.&nbsp;SuperYacht Times caught up with the Italian designer to discover more.<img src="https://photo-assets.superyachttimes.com/photo/24766/image/large-df6216f2900ddcc75b7ac6ee454aac24.jpg" data-gid="gid://syiq/Photo/24766">Do you have any reflective thoughts after designing yachts for nearly half a century?&nbsp;Some years have been truly crucial and have seen significant changes. I have had the privilege of going through them, progressively tackling different themes, from the serial production of <a data-gid="gid://syiq/Company/560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canados (Company)">Canados</a> and Aprea yachts to building <a data-gid="gid://syiq/Yacht/1514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foners41.5m (136'2&quot;)Izar2000">Foners</a>, the fastest yacht in the world built for the King of Spain without forgetting the world of superyachts for many affectionate clients, for whom in some cases I have also designed several boats.<img src="https://photo-assets.superyachttimes.com/photo/254144/image/large-f745df6f4f0984c08ef4c436e33b4736.jpg" data-gid="gid://syiq/Photo/254144">With the release of three superyacht concepts in as many months, can we expect any more designs this year?&nbsp;In fact, perhaps also as a reaction to the difficult Covid period we have just gone through, I am in a rich design moment and I do not rule out presenting other design solutions soon.<img src="https://photo-assets.superyachttimes.com/photo/24753/image/large-0fae192ab2f8d9eb43ba046a7e505dc9.jpg" data-gid="gid://syiq/Photo/24753">Can we expect the 90m superyacht or 48m concept to be taken to build?&nbsp;For both the 90 and the 48 I worked with the requirements of a shipowner in mind; both feasibility projects are in the evaluation phase, waiting to activate the shipyard selection.<img src="https://photo-assets.superyachttimes.com/photo/263102/image/large-080cd09835ad3d3ae6d7f8b33c703058.jpg" data-gid="gid://syiq/Photo/263102">What led you to reimagine the lines of superyachts for the&nbsp;<a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>&nbsp;Jet, incorporating designs from the aviation sector?&nbsp;The <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 2020 is the brainchild of Fulvio Codecasa, who called me to collaborate on his futuristic project. Obviously the idea excited me, to the point of also developing the Jet 50, a smaller boat with the same philosophy.<img src="https://photo-assets.superyachttimes.com/photo/208827/image/large-b74fbd2b424043a1c3021c78fe998a0e.jpg" data-gid="gid://syiq/Photo/208827">Codecasa delivered&nbsp;<a data-gid="gid://syiq/Yacht/7917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Legacy56.0m (183'9&quot;)Codecasa S.p.A.2021">My Legacy</a>&nbsp;in 2021, featuring an interior by&nbsp;<a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a>. Can you share anything about the project?&nbsp;I was delighted to work on the interiors of <a data-gid="gid://syiq/Yacht/7917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Legacy56.0m (183'9&quot;)Codecasa S.p.A.2021">My Legacy</a>, which reflect the taste and culture of the owner, perfectly integrated with the design and the very high quality of the shipyard's workmanship. <img src="https://photo-assets.superyachttimes.com/photo/26752/image/large-c7676b66705fe87de5a6cabf3684db55.jpg" data-gid="gid://syiq/Photo/26752">To talk about flagships, how was the experience designing the 70m superyacht&nbsp;<a data-gid="gid://syiq/Yacht/2550" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="High Power III70.0m (229'8&quot;)Rossinavi2011">High Power III</a>&nbsp;for&nbsp;<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>?&nbsp;<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>'s 70m, launched as Numptia, was a wonderful design experience, shared with the owner, who spent over 300 days in our Florence studio, actively participating in the evolution of the project.

In conversation with Tommaso Spadolini 

SuperYacht Times caught up with Tommaso Spadolini to learn more about his new projects.

In conversation with Tommaso Spadolini: Three new superyacht designs for 2023

The 38.25-metre <a data-gid="gid://syiq/Company/1176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CCYD (Company)">CCYD</a> sailing yacht <a data-gid="gid://syiq/Yacht/2598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Electa38.25m (125'6&quot;)CCYD1990">Electa</a> sold with Enrico Mortola from <a data-gid="gid://syiq/Company/937" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mortola Yacht & Ship Brokers (Company)">Mortola Yacht &amp; Ship Brokers</a> introducing the buyer, and Alex Mazzoni from <a data-gid="gid://syiq/Company/2790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Equinoxe Yachts International (Company)">EYI</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/198033/image/large-f62d486327bb67f16250873402ecea91.jpeg" data-gid="gid://syiq/Photo/198033">Previously named Mariya Uno, <a data-gid="gid://syiq/Yacht/2598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Electa38.25m (125'6&quot;)CCYD1990">Electa</a> was delivered in 1990 by Italian shipyard <a data-gid="gid://syiq/Company/1176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CCYD (Company)">CCYD</a>, and has been meticulously maintained ever since. <a data-gid="gid://syiq/Company/52" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ron Holland Design (Company)">Ron Holland Design</a> bore responsibility for designing her exterior and naval architecture, while <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a> curated her interior design.<img src="https://photo-assets.superyachttimes.com/photo/232414/image/large-41f989573a440e05265ddf355d4d0318.jpeg" data-gid="gid://syiq/Photo/232414"><img src="https://photo-assets.superyachttimes.com/photo/232415/image/large-a2fdc9b84c7716a8ecc23a23005185fb.jpeg" data-gid="gid://syiq/Photo/232415"><a data-gid="gid://syiq/Yacht/2598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Electa38.25m (125'6&quot;)CCYD1990">Electa’s</a> interior is classic and cosy, with wooden walls and flooring encompassing the main saloon. The saloon contains an L-shaped sofa alongside a formal dining table that comfortably seats all six guests. <img src="https://photo-assets.superyachttimes.com/photo/232429/image/large-64f133eb5fb7ca59ecc0217932c5899e.jpeg" data-gid="gid://syiq/Photo/232429"><img src="https://photo-assets.superyachttimes.com/photo/232422/image/large-a0829e478a7ac7fbdb91714ae811816c.jpeg" data-gid="gid://syiq/Photo/232422"><a data-gid="gid://syiq/Yacht/2598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Electa38.25m (125'6&quot;)CCYD1990">Electa</a> provides accommodation for up to six guests across three staterooms. She also has space to accommodate six crew to attend to her guests’ needs.<img src="https://photo-assets.superyachttimes.com/photo/232417/image/large-267a3556f5103cb3b7e43557f74ae061.jpeg" data-gid="gid://syiq/Photo/232417"><img src="https://photo-assets.superyachttimes.com/photo/232410/image/large-430522540c34422b7489d005e0b6a83a.jpeg" data-gid="gid://syiq/Photo/232410">Outside, <a data-gid="gid://syiq/Yacht/2598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Electa38.25m (125'6&quot;)CCYD1990">Electa</a> offers ample exterior space, where guests can sit on the outdoor sofa and enjoy endless sea views. <a data-gid="gid://syiq/Yacht/2598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Electa38.25m (125'6&quot;)CCYD1990">Electa</a> is a go-anywhere yacht, with an impressive track record for sailing across the oceans, from the top of the world to the equator.<img src="https://photo-assets.superyachttimes.com/photo/232420/image/large-0d230967e78aefc89fee46cf101a6f90.jpeg" data-gid="gid://syiq/Photo/232420"><img src="https://photo-assets.superyachttimes.com/photo/191759/image/large-d4c3cdc40bd2e14cb29805d67067d4bf.jpeg" data-gid="gid://syiq/Photo/191759">Performance-wise, the 179 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, giving her a top speed of 13 knots and a cruising speed of 10 knots.&nbsp;

38m CCYD sailing yacht Electa sold

The 38.25-metre CCYD motor yacht Electa sold.

Netherlands-based yacht builder <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has released the first renderings of its new 36.5-metre motor yacht concept, Bahamas Cruiser. The aluminium yacht concept is described by the shipyard as “a compact superyacht conceived for short breaks and coastal cruising.”<img src="https://photo-assets.superyachttimes.com/photo/263117/image/large-2dc5609899f8cbdc742141dbcf435265.jpeg" data-gid="gid://syiq/Photo/263117">Bahamas Cruiser features clean exterior lines with a smart layout and eco-friendly technology and is designed to appeal to both young and old, as well as new and experienced owners.<img src="https://photo-assets.superyachttimes.com/photo/263114/image/large-04858bcddbe745aefabdac77ffe10b35.jpeg" data-gid="gid://syiq/Photo/263114"><img src="https://photo-assets.superyachttimes.com/photo/263118/image/large-521a10ecd1131624172482790773b7b4.jpeg" data-gid="gid://syiq/Photo/263118">She has been developed in collaboration with <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a> and <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a>, the design teams which were also responsible for the 88.38-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/6298" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zen88.38m (289'12&quot;)Feadship2021">Zen</a> and 55.2-metre superyacht <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>.<img src="https://photo-assets.superyachttimes.com/photo/263116/image/large-4326ef5a69fc21ccdccbc972c1b3ccef.jpeg" data-gid="gid://syiq/Photo/263116"><img src="https://photo-assets.superyachttimes.com/photo/263120/image/large-e0ff08e5fa5e4697120979e04a16b3fc.jpeg" data-gid="gid://syiq/Photo/263120">The main deck of Bahamas Cruiser features large windows and lofty ceiling heights of 2.4-metres. As a result of this, her interior is bright and airy and flooded with plenty of natural light. <img src="https://photo-assets.superyachttimes.com/photo/263119/image/large-16bc2752c5a29c1b8a693ae681a0c134.jpeg" data-gid="gid://syiq/Photo/263119">She also bridges the gap between her interior and exterior spaces with her main deck aft open-air terrace providing guests with a closer connection to the sea. While her master stateroom provides an oasis for her owner with a large ensuite bathroom and a seating area.<img src="https://photo-assets.superyachttimes.com/photo/263115/image/large-679d64b8dfc153b0c98ae5ef8dee0f9b.jpeg" data-gid="gid://syiq/Photo/263115">

37m Feadship yacht concept Bahamas Cruiser

Feadship has unveiled the renderings of its new 37m motor yacht concept Bahamas Cruiser, designed for short breaks and coastal cruising.

Feadship unveils new 37m motor yacht concept Bahamas Cruiser

<img src="https://photo-assets.superyachttimes.com/photo/263103/image/large-97cab9026067ba8d20f565b3e74617b6.jpg" data-gid="gid://syiq/Photo/263103">Seen here last week arriving in Malta, is the 123-metre superyacht <a data-gid="gid://syiq/Yacht/5968" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Lusail123.0m (403'7&quot;)Lürssen Yachts2017">Al Lusail</a>. Delivered in 2017 to her owner, the 8,489 GT Qatari-flagged superyacht was built by the German shipyard <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> and features radical exterior lines by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>, while her interior comes from the drawing boards of <a data-gid="gid://syiq/Company/4604" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="March & White (Company)">March &amp; White</a>. <a data-gid="gid://syiq/Yacht/5968" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Lusail123.0m (403'7&quot;)Lürssen Yachts2017">Al Lusail</a> spans five decks and can accommodate as many as 36 guests. Performance-wise, she’s equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 20V 1163 M84 engines that deliver a top speed of 20 knots.

123m Lürssen superyacht Al Lusail in Malta

The 123m superyacht Al Lusail, delivered by Lürssen in 2017, is seen here cruising in Malta.

Yacht charter and sales brokerage firm <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> has announced the appointment of Katya Hall as Commercial Director for the USA. <img src="https://photo-assets.superyachttimes.com/photo/263092/image/large-c448bb40c1d19ee33c546ba1769ebd6e.jpeg" data-gid="gid://syiq/Photo/263092">Katya Hall joins <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>’s senior team with over 15 years experience in the superyacht industry and will be leading the expansion of <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 USA.<img src="https://photo-assets.superyachttimes.com/photo/263068/image/large-812236a3b4c083db0a5a64be6c24aa59.jpg" data-gid="gid://syiq/Photo/263068">“We’re excited to have Katya join us on our journey as we grow the brand outside of Australia and Europe,” commented Ellie Malouf, CEO of <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>. “Katya and her team will be expanding the Sales Brokerage, Charter Retail and Central Agency streams of the business. Her market knowledge, experience and passion for customer service closely aligns with our company values and we couldn’t be happier with her joining our team.”<img src="https://photo-assets.superyachttimes.com/photo/175260/image/large-e54e31da30361a6fb226eb2b6d12c110.jpg" data-gid="gid://syiq/Photo/175260"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> has been growing in experience within the superyacht sector and celebrated 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/233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Ocean72.54m (237'12&quot;)Lürssen Yachts1994">So’Mar</a> in November 2022. <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>’s current owned portfolio of superyachts and villas, combined with personal concierge services enables them to offer unique customer experiences including access to events, as well as exclusive offers and brand partnerships.Read:&nbsp;<a data-gid="gid://syiq/Article/56456" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club expands into yacht sales with sale of 38m motor yacht So'Mar (2022-11-29 11:00:00 +0100)">Ahoy Club expands into yacht sales with sale of 38m motor yacht So'Mar<img src="https://photo-assets.superyachttimes.com/photo/231707/image/large-671afdff72f522f8d6d98e20ccd34bff.jpg" data-gid="gid://syiq/Photo/231707"></a>“Our global team are true experts who have all experienced chartering first-hand, this is only one of many examples we focus on to drive a customer first approach, and Katya shares this same passion so I’m excited to see her lead this space for <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>,” added Ellie Malouf.<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 offices in Sydney Australia, Golfe Juan France, Monaco and soon to be, Miami Florida. Katya will be onboard 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> during 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> as she transitions into her new role.&nbsp;

Ahoy Club expands to USA and appoints new Commercial Director

Ahoy Club has announced the appointment of Katya Hall as Commercial Director for the USA. 

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<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> has announced the sale of the first hull in the 52.6-metre <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay</a> Virtus Explorer XP series. The sale was facilitated by David Legrand and Alain Auvare of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> representing the seller at <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>. <img src="https://photo-assets.superyachttimes.com/photo/251289/image/large-502eb12394d21fc66cc0b07371df2e17.jpg" data-gid="gid://syiq/Photo/251289">The explorer yacht features interior and exterior design by <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 her builder <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/251309/image/large-ccd878f8701fda1ba5560025a3885b74.jpg" data-gid="gid://syiq/Photo/251309"><img src="https://photo-assets.superyachttimes.com/photo/251310/image/large-af267bfd9534834653f91b490444ea90.jpg" data-gid="gid://syiq/Photo/251310">The first renderings of her interior spaces last year revealed a chic contemporary design, with bold, organic shapes and patterns throughout. The centre-piece of her main saloon is a cluster of teardrop settees, which lend the space an informal atmosphere. Thanks to large floor-to-ceiling windows, both port and starboard, the main saloon is filled with natural light and boasts unparalleled views.<img src="https://photo-assets.superyachttimes.com/photo/251312/image/large-2a3e3fc8773b130595cabf577f8c5fbb.jpg" data-gid="gid://syiq/Photo/251312">The <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay</a> Virtus Explorer XP superyacht provides accommodation for up to ten guests across five sumptuous staterooms. Her master stateroom is on the main deck and includes a king-sized bed and a private foredeck. She can also accommodate up to nine crew to attend to her guests’ needs.<img src="https://photo-assets.superyachttimes.com/photo/251311/image/large-f559fc56ea7463f82861744a4b002199.jpg" data-gid="gid://syiq/Photo/251311"><img src="https://photo-assets.superyachttimes.com/photo/251314/image/large-d70d5b2b3ba61cf3246cb563add8c0d0.jpg" data-gid="gid://syiq/Photo/251314"><img src="https://photo-assets.superyachttimes.com/photo/251313/image/large-2a88acebdb52758e603e36f92808e435.jpg" data-gid="gid://syiq/Photo/251313">Some of the standout features onboard the <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay</a> Virtus Explorer XP yacht include a helipad, pool deck, master bridge deck, guest main deck, gym, and tender storage.<img src="https://photo-assets.superyachttimes.com/photo/251291/image/large-0b1a6797a7438a04cd0f69a097184070.jpg" data-gid="gid://syiq/Photo/251291">Performance-wise, the 498 GT motor yacht will be 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, giving her an expected top speed of 15 knots and a cruising speed of 12 knots.&nbsp;The second hull in the series is also currently in-build with an expected delivery date of 2025.

First 53m Mengi Yay Explorer XP superyacht sold

The first 53m Mengi Yay Virtus Explorer XP superyacht sold, with Fraser brokers David Legrand and Alain Auvare representing the seller.

yacht-mid-hero#0

yacht-news-large-articles#0

<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> promises a spectacular lineup this year – but there’s one yacht in particular that you shouldn’t miss: the 41.8-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> superyacht <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a>. <img src="https://photo-assets.superyachttimes.com/photo/261905/image/large-98ffedb00091b5ccacbbdea028d10712.png" data-gid="gid://syiq/Photo/261905"><a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a>, designed by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, was delivered in 2020 and is being presented at <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> by <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a>. She’s <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>’s flagship and is an exciting opportunity as she’s never been chartered and was sold in under two months last time she joined the market.&nbsp;<a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> has been involved in over 250 superyacht transactions in the past couple of years. As well as being the authorised <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> dealer, <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> is also the exclusive US dealer for <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, and Itama. While <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> is prolific in the 50-85 foot range, it's also a specialist in the 24-metre category.&nbsp;SuperYacht Times joined the team to hear the five key reasons why <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> shouldn’t be missed 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</a>. <img src="https://photo-assets.superyachttimes.com/photo/261906/image/large-e3f3dcbf2bf8bb8622e6b3b1379fd651.png" data-gid="gid://syiq/Photo/261906">Designed for the family&nbsp;<a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> is great – truly a family yacht. She has plenty of volume, amenities and all the features the whole family could need. Her bow has a stunning entertainment area for sunset lounging, while her tri deck barbeque, Jacuzzi and summer kitchen is the perfect place to host gatherings. The upper deck saloon is ideal for late-night movies and her alfresco dining area is private and intimate. She’s incredibly versatile and accommodating.&nbsp;Her large 350 GT of volume makes a flexible and enjoyable platform for a family of six with guests, without feeling crowded. <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> can sleep 10 guests across five staterooms, consisting of a master and four queens. She can also carry seven crew.<img src="https://photo-assets.superyachttimes.com/photo/237090/image/large-fcaa47268e249ff1181bc2ee998fc8a4.jpeg" data-gid="gid://syiq/Photo/237090"><img src="https://photo-assets.superyachttimes.com/photo/237091/image/large-06ee02f86bd322bc389ee19461696d17.jpeg" data-gid="gid://syiq/Photo/237091">Born for the USAWe expect with the very limited supply of late-model fibreglass Tri Deck yachts she won’t last long, we have seen two offers this week since joining the market. The last time she traded hands in the brokerage market it was the perfect timing and location — she was sitting in the prestigious Monaco Yacht Show. Today, she’ll be sitting in the great <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 Boat Show</a> where the crowd also craves tri-deck yachts with huge volumes.She also has a muscular profile and was custom-built with American-style bars on every level and upgraded AV in all areas. Guests will feel equally at home watching sports or turning the yacht into a music lounge. The expansive skybridge has a hot tub for 10 with ample sun lounges, alfresco dining, another bar, and expansive views. The beach club and host of water toys allow for easy watersports activities.<img src="https://photo-assets.superyachttimes.com/photo/237102/image/large-8ee3a9af63b07be4f1150d8f3e593031.jpeg" data-gid="gid://syiq/Photo/237102"><img src="https://photo-assets.superyachttimes.com/photo/237101/image/large-d33b537625c2db8190a9fc8402f59d78.jpeg" data-gid="gid://syiq/Photo/237101">Entertainment at sea level&nbsp;The beach club on <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> is unique because it’s truly private. The owner and guests can come from the main deck cockpit area to the beach club and entertain at sea level without having crew passing through. The space is large and comfortable enough to spend part of your day looking into the bliss without obstructions. This feature is something typically found on yachts over 50-metre but <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has been able to incorporate this into the design of <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a>, this 42M Navetta.<img src="https://photo-assets.superyachttimes.com/photo/237081/image/large-7a1c646baebf63ea470fd0b4be5f7235.jpeg" data-gid="gid://syiq/Photo/237081"><img src="https://photo-assets.superyachttimes.com/photo/237077/image/large-40a8e1e72dd0625169818fae560fb66e.jpeg" data-gid="gid://syiq/Photo/237077"><img src="https://photo-assets.superyachttimes.com/photo/261910/image/large-c79fdf80ac4619ec19a8f12cd5bc8d90.png" data-gid="gid://syiq/Photo/261910">Gastronomy and sea viewsBuilt for comfort and safety the yacht's interior offers large windows and loads of sunlight to bring the outdoors in and has massive exterior spaces for an owner and their guests to enjoy. <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> has many areas dedicated to dining, whether that’s a light morning bite or formal sit-down dinner for all the guests. She was also designed with a large galley to make food and service prep easy for crew, thus further enhancing the experience of those onboard.<a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti’s</a> commitment to delivering an astounding dining experience and her immense volume awakens the appetite for those looking for a charter yacht. She’s a perfect candidate. Yet, despite this, she’s only been used privately and is therefore presented to the market as new with none of the associated charter wear and tear. <img src="https://photo-assets.superyachttimes.com/photo/237078/image/large-a33de692335eb154d7f4ca9a2e064a88.jpeg" data-gid="gid://syiq/Photo/237078"><img src="https://photo-assets.superyachttimes.com/photo/261908/image/large-390fe5d4a4ac5a6353976383176025d7.png" data-gid="gid://syiq/Photo/261908">Silent freedomFor those looking for light exploration, <a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> is the perfect choice. She has a range of 3,800 nautical miles at 11 knots and is capable of speeds in excess of 16 knots. This in itself isn’t exceptional, but the fact that her twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> C-32s burn only 40 gallons per hour at 10.5 knots making her deadly silent is. Long-distance explorations are both comfortable and peaceful.&nbsp;<a data-gid="gid://syiq/Yacht/8006" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Botti41.8m (137'2&quot;)Custom Line2020">Botti</a> also holds a 6.25-metre tender that owners and guests can use to explore further flung regions, or for darting in and out of ports and enclaves of the coastline that they’re visiting. <img src="https://photo-assets.superyachttimes.com/photo/237087/image/large-6387d144d5a3ab8510f167168c06e525.jpeg" data-gid="gid://syiq/Photo/237087"><img src="https://photo-assets.superyachttimes.com/photo/261907/image/large-564596942426067191c1d5318461055c.png" data-gid="gid://syiq/Photo/261907">—----------<a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> is presenting an extensive collection of brokerage yachts and new <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> yachts either physically or digitally. There is a wide range of vessels on Ramp 5 of the show, including the 2022 74’ <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> Double or Nothing, the 2020 <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 90' Argo and the classic 2006 123' <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a> <a data-gid="gid://syiq/Yacht/2056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Invictus37.49m (122'12&quot;)Palmer Johnson Yachts2006">Invictus</a>.&nbsp;As <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> represents both new and brokerage yachts, its customers can bounce between ranges or have several completely different new or brokerage yachts – and, ultimately, stay within the <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> family. The brokerage house offers many new and unique projects, bringing intrigue to its clients.&nbsp;“Last year, as an example, we sold a Riva 102’ Corsaro at <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</a> – the evolution of the popular Riva 100’ Corsaro – despite the yacht not physically being there,” &nbsp;Sean Fenniman of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> said. “We presented the yacht digitally and the client fell in love with the new open stern and decided to purchase the yacht there and then.”

Five reasons to visit Botti at PBIBS 

SYT investigates the five reasons why you should visit the 42m superyacht Botti at PBIBS,

Five reasons why the 42m superyacht Botti shouldn’t be missed at Palm Beach International Boat Show

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> annual Convergence occurred from 14 to 17 March in Courmayeur, situated at the foot of Mont Blanc. This event is designated for captains and chief engineers of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> yachts. It provides the opportunity to meet and get up to speed on various subjects, from the industry’s performance to possible future scenarios in the field of environmental sustainability and energy transition.<img src="https://photo-assets.superyachttimes.com/photo/263039/image/large-78d3aa7afe3bdbaf21892508a58a1942.jpg" data-gid="gid://syiq/Photo/263039"> The first day commenced with welcomes and presentations from <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Alberto Galassi and Chief Commercial Officer Stefano de Vivo, who outlined the latest financial results, and the new models and projects currently under construction. Presentations particularly focused on <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti’s</a> commitment to sustainability, which is a core value at the forefront of the Group’s activities, from emissions reduction to the energy transition.&nbsp;The second day was devoted to training, featuring panel discussions led by management together with world-class partners and experts. There were two sessions, the first being about “Propulsion systems and alternative fuels, with a view to environmental sustainability and compliance with new regulations.” The second session honed in on “Prevention of and response to onboard accidents, with a special focus on managing accidents caused by lithium batteries and new alternatives to hydrocarbon-derived fuels”. In both sessions, the audience could ask questions and provide feedback via an interactive app, which encouraged participation and resulted in thought-provoking and educational discussions.<img src="https://photo-assets.superyachttimes.com/photo/263038/image/large-9207570ca9ed1f4baf7b3753332a1fdd.jpg" data-gid="gid://syiq/Photo/263038">Stefano de Vivo, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> Chief Commercial Officer, commented “The first in-person Convergence after two years online demonstrated the absolute importance of this event as a generator of know-how and team spirit. The discussion among more than one hundred captains and chief engineers was both interesting and satisfying, because the ability of yachting professionals to work as a team and exchange insights is a core driver of the success of both Ferretti Group and its yachts. Convergence is an event that leaves us better informed, better motivated and better able to offer our owners an even safer and more rewarding yachting experience”&nbsp;Main partners <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a>, <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>, Simrad, <a data-gid="gid://syiq/Company/3601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sleipner Motor AS (Company)">Sleipner</a> and <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> made a huge contribution to the event, along with technical sponsors Amare Group, <a data-gid="gid://syiq/Company/3524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asea Power Systems (Company)">Asea Power Systems</a> and <a data-gid="gid://syiq/Company/7073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fratelli Canalicchio (Company)">Fratelli Canalicchio</a>. They were joined by an exclusive selection of partners, including <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a> marina, Range Rover and the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a>. Range Rover offered guests the opportunity to visit the Range Rover House, and take a spin on the New Range Rover Sport on a snow-covered track.

Ferretti Group’s Convergence 2023 

Ferretti Group’s annual Convergence took place from March 14 to 17 in Courmayeur, situated at the foot of Mont Blanc.

The 2023 Convergence event for captains and chief engineers by Ferretti Group 

Dutch shipyard <a data-gid="gid://syiq/Company/104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jongert Yachts (Company)">Jongert</a> has released further details about their newest project,&nbsp;<a data-gid="gid://syiq/Yacht/6061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Revolution47.36m (155'5&quot;)Jongert Yachts2025">Revolution</a>. The 47.36-metre motor yacht for sale will be completed in 2025, this is the second-largest yacht built by the Netherlands-based company.<img src="https://photo-assets.superyachttimes.com/photo/262910/image/large-94ff66f656a9e2383959bdfd63aa315c.jpg" data-gid="gid://syiq/Photo/262910"><a data-gid="gid://syiq/Yacht/6061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Revolution47.36m (155'5&quot;)Jongert Yachts2025">Project Revolution</a> will feature exterior design and naval architecture by<a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">&nbsp;Vripack</a>. The total interior volume of the in-build superyacht will be 499 GT, with a beam of 9.5-metres and a draft of 2.8-metres, and a true long-range Explorer yacht. The superyacht, <a data-gid="gid://syiq/Yacht/6061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Revolution47.36m (155'5&quot;)Jongert Yachts2025">Project Revolution</a>, will showcase a <a href="https://sya.superyachttimes.com/yachts/in-steel/syt_premium:0/sybass_member:ignore/ever_sold_new_order_speculation_or_stock:0/with_photos:0/with_ga:0/last_checked_at:0" target="_blank">steel</a> hull and <a href="https://sya.superyachttimes.com/yachts/in-aluminium/syt_premium:0/sybass_member:ignore/ever_sold_new_order_speculation_or_stock:0/with_photos:0/with_ga:0/last_checked_at:0" target="_blank">aluminium</a> superstructure. <img src="https://photo-assets.superyachttimes.com/photo/262909/image/large-33775133e3c9bf37b420c91fde63e9eb.jpg" data-gid="gid://syiq/Photo/262909"><img src="https://photo-assets.superyachttimes.com/photo/262900/image/large-912a7e89a0257cefdb53f3c66c68fdea.jpg" data-gid="gid://syiq/Photo/262900"><img src="https://photo-assets.superyachttimes.com/photo/3156/image/large-41c3afc150923a8e9e8fdb174db0cc82.jpg" data-gid="gid://syiq/Photo/3156">The expansive motor yacht project will be able to accommodate up to 10 guests onboard across five staterooms, as well as ample space for 11 crew including the captain. Other highlights of the project include a vast deck with different zoned areas for leisure and hosting, along with a bespoke interior design which will be a collaborative effort with the owner and their selected designer of choice.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/262915/image/large-02c032df6f4b05e82969f28cce7af071.jpg" data-gid="gid://syiq/Photo/262915"> <a data-gid="gid://syiq/Yacht/6061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Revolution47.36m (155'5&quot;)Jongert Yachts2025">“Project Revolution</a> has been fully designed and engineered by renowned Dutch <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack Naval Architects</a>. The contemporary yet cosy interior will be designed by a leading designer elected by the new owner in collaboration with the shipyard. <a data-gid="gid://syiq/Company/104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jongert Yachts (Company)">Jongert Shipyard</a>, with 70+ years of experience under its belt, is well known for its quality build World Cruisers and is now back on the market with its Revolutionary Project,” commented Alex Krykanyuk, Sales Broker at <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts.&nbsp;</a><img src="https://photo-assets.superyachttimes.com/photo/262911/image/large-2c6186268ce81d3d86b2ce353cfe1728.jpg" data-gid="gid://syiq/Photo/262911"> Performance-wise, the superyacht will be powered by <a href="https://sya.superyachttimes.com/companies/caterpillar-inc" target="_blank">2 Caterpillar&nbsp;</a>engines, which give her a cruising speed of 11 knots and a top speed of 13.5 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/262908/image/large-59b5d555d82d205bf0265987c16aa43e.jpg" data-gid="gid://syiq/Photo/262908"><a data-gid="gid://syiq/Yacht/6061" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Revolution47.36m (155'5&quot;)Jongert Yachts2025">Project Revolution</a> is currently on the market with an asking price of €32,000,000 with <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts.&nbsp;</a>

47m Jongert Revolution superyacht project

Dutch shipyard Jongert released details for their new 47-metre project, Revolution, which is due to be completed in 2023.

home-hotpics#4

New details revealed of 47m Jongerts superyacht Revolution

<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> has finalised the acquisition of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> and, as of today, has added the leading US brokerage firm to its <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> portfolio of organisations and companies. The acquisition is set to further advance <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>’s growth and diversification strategy, significantly bolstering its product portfolio and customer reach.<img src="https://photo-assets.superyachttimes.com/photo/223343/image/large-2771daf28e5aed1614af060fb3910c24.jpg" data-gid="gid://syiq/Photo/223343">“We are thrilled to welcome Bob Denison and his team into the <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> family, which expands and strengthens our presence in the superyacht and yacht categories,” said Austin Singleton, Chief Executive Officer for <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>. “As we move through the second fiscal quarter, we continue to capitalise on record demand and a growing backlog.”Read:&nbsp;<a data-gid="gid://syiq/Article/54812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bob Denison on why acquisition by OneWater Marine means big things for the American yacht brokerage firm (2022-03-22 13:15:00 +0100)">Bob Denison on why acquisition by OneWater Marine means big things for the American yacht brokerage firm</a><img src="https://photo-assets.superyachttimes.com/photo/114971/image/large-d13b0031183412a92551fe76d7c75d5c.jpg" data-gid="gid://syiq/Photo/114971">“Orders at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miami International Boat Show - 2022">Miami Boat</a> show were off the charts for both <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> and <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison</a>, which underscore our combined position as the premier marine retailer of choice from superyachts and yachts to traditional boat sales, parts, and service,” Singleton continued. “We look forward to enhancing our leadership position in the market in the coming years.”The acquisition follows record numbers for both companies at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miami International Boat Show - 2022">Miami</a> and <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2022">Palm Beach Boat Shows</a>, which took place in February and March of this year respectively. <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> has had some outstanding years, and in 2021 alone the firm secured 1,000 yacht sales and saw an increase of 177 percent in yacht charters. The firm has a longstanding heritage and has been a leading yacht broker in the states for some 70 years now. It also operates 21 offices, seven of which are in Fort Lauderdale and one is in Monaco. <img src="https://photo-assets.superyachttimes.com/photo/178342/image/large-4c6ee80e15ccd3c91b0a61b672d6e834.png" data-gid="gid://syiq/Photo/178342">Read:&nbsp;<a data-gid="gid://syiq/Article/54689" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title='"Consolidation in yacht brokerage is inevitable": Daniel Ziriakus of Northrop and Johnson (2022-03-03 14:00:00 +0100)'>"Consolidation in yacht brokerage is inevitable": Daniel Ziriakus of Northrop and Johnson&nbsp;</a>“Strong consumer demand continues to fuel our growth and strengthens our position as industry leaders throughout the United States, Europe, and the Mediterranean <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison</a>’s team of experienced yacht brokers is unparalleled in the world of yachting,” Bob Denison, President of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>, commented. “Their commitment to taking incredible care of clients will be accelerated thanks to <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>’s tools, resources, and support. We are excited to be joining the <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> family, and we look forward to what our shared future holds.”

OneWater Marine finalises acquisition of Denison Yachting

OneWater Marine has finalised the acquisition of Denison Yachting and, as of today, has added the leading US brokerage firm to its OneWater portfolio.

With the <a data-gid="gid://syiq/Article/54812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bob Denison and OneWater Marine on why the acquisition means big things for the American yacht brokerage firm (2022-03-22 12:00:00 +0100)">news that OneWater Marine has reached an agreement with Denison Yachting</a> to purchase the American yacht brokerage firm, SYT caught up with President, Bob Denison, to hear more about the news.<img src="https://photo-assets.superyachttimes.com/photo/209237/image/large-776c5f428154e67ea9f181eac2adf2ee.jpeg" data-gid="gid://syiq/Photo/209237"> Following a year of record-breaking sales and an announcement to expand into Europe, this acquisition comes as a surprise – can you share the motivation and rationale behind selling&nbsp;<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>&nbsp;to&nbsp;<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a>?Selling a multi-generational business isn’t an easy decision for anyone. One looks back at the generations before, perhaps seeking approval and also forward, making sure this decision would be the best one for those who will be in leadership tomorrow. Ultimately, we felt this decision was the right one, especially because the people buying us are good, smart people we felt very comfortable with working with for many years ahead.<img src="https://photo-assets.superyachttimes.com/photo/178717/image/large-295390de6304c9730e6c213483f48429.png" data-gid="gid://syiq/Photo/178717">You mentioned that your commitment to your clients will be accelerated by&nbsp;<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>’s tools, resources and support. Can you go into more detail here?There are lots of things I’m excited about here. The core of any decent yacht brokerage business is creatively figuring out how to take great care of your broker, employees and of course, your clients. A family business is often limited in this vision by its own means. One of the benefits of working with bigger groups is the ability to breathe life into ideas that seemed impossible before.Will&nbsp;<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>, under the wing of&nbsp;<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a>, branch out of brokerage and work additionally in other areas of the yachting sector?Currently <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison</a> offers a full suite of yacht services, including sales, charter, management and crew. This will also remain in place.<img src="https://photo-assets.superyachttimes.com/photo/220612/image/large-9385c8d3114c147a99a2f6750d032d9e.jpg" data-gid="gid://syiq/Photo/220612">Will&nbsp;<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>&nbsp;still operate under its name, or will it be rebranded following the sale?Our family is thrilled <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has decided to keep our name and branding and people in place.Are there big plans in the pipeline for&nbsp;<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>&nbsp;that this acquisition will allow to take root?Yes.<img src="https://photo-assets.superyachttimes.com/photo/220613/image/large-8bd81c8d32aaf254e5c34a90209c2cfd.jpg" data-gid="gid://syiq/Photo/220613">Can we expect to see a restructuring of&nbsp;<a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>? And will you still act as President of the company?No restructuring is expected at all. And I’m happy to report I’ll be remaining as President at <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison</a>.

Bob Denison talks OneWater Marine acquisition

SYT caught up with Bob Denison, President of Denison Yachting, to hear more about the OneWater acquisition news.

Bob Denison on why acquisition by OneWater Marine means big things for the American yacht brokerage firm

Monaco

Denison Yachting is a full-service yachting company that provides assistance to our loyal clients looking for assistance with Yacht Sales, Yacht Charter, Crew Placement and New Construction. Denison has a team of 100 dedicated yachting professionals across 19 brick &amp; mortar locations, committed to serving our clients in radical ways. Our family history has roots in yachting dating back to 1948. Representing Hatteras Yachts, Monte Carlo, Beneteau, and Privilege Catamarans, Denison is your yachting resource in North America. With access to the best deals in the U.S. and a team on the docks at virtually every major marina in the States, we are here for yacht buyers and seller.Our superyacht team covers purchase consulting, guidance on yacht chartering and helping owners and captains place the right crew for their yacht. We believe we are uniquely positioned in the yachting community, with an unrivalled family history and an international focus few brokerage houses can match. Working with the right yacht broker gives you the ability to have an industry insider fighting for your best interests. Having peace of mind at the closing table, being protected throughout the delicate steps of the yacht-buying process, and having access to all the right yachting professionals and vendors is only the beginning.