A household name in the maritime industry, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> is synonymous with quality, high-tech and high-performance vessels across the field of yacht construction. While its reputation in commercial construction is world-renowned, the group is also famed for the construction of some of the largest superyachts in the global fleet, stamping its seal on the 140-metre <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a> and the 133.9-metre <a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a>. <img src="https://photo-assets.superyachttimes.com/photo/232270/image/large-5a4e36460a1e9ef6b631d66dede0c1ea.jpg" data-gid="gid://syiq/Photo/232270">Designing and building its superyachts at the Muggiano shipyard in La Spezia, one of the hearts of Italian yacht construction, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> pours its extensive experience in commercial and navy construction into the design of its superyachts. This ensures a high level of construction by integrating the skills of its many employees into the builds. Another advantage of its expansive skill base is that <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> offers owners state-of-the-art production facilities with industrial-level technology.&nbsp;Over the years since its foundation more than 230 years ago the company is credited with the launch of more than 7,000 seafaring vessels, venturing into the superyacht field in the mid-2010s. The first vessel delivered by the new division of the company in 2011 was <a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a>, which won the World Superyacht Award in 2012. <img src="https://photo-assets.superyachttimes.com/photo/116014/image/large-f02cc2bc56ed889a3671b683a3eb0bc8.jpg" data-gid="gid://syiq/Photo/116014">Currently sitting at number 22 of the longest delivered superyachts in the world (source <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> list), <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> partnered with one of the top superyacht designers in the world, the Monaco-based <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> and London-based <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton Design</a>. With graceful lines and a host of completely unique features including a circular Jacuzzi deck, <a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a> is one of the most notable yachts in the fleet and demonstrated <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>’s capabilities in the world of luxury superyachts.&nbsp;In 2014 came the delivery of <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a> sitting at number 13 of the longest delivered superyachts in the world (source <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> list) and once again the shipyard paired with <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> for this highly distinctive superyacht with Interiors by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a> and <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Laura Sessa</a> that has featured extensively in lists of the most beautiful superyachts in the world. Able to accommodate 28 guests and with an extraordinary volume of 8,505 GT, the build of <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a> employed again <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>’s skill with the construction of high volume steel yachts. <img src="https://photo-assets.superyachttimes.com/photo/204413/image/large-e9260d5e92138f5b03e74766dfe8dd43.jpg" data-gid="gid://syiq/Photo/204413">Speaking with Merijn de Waard in 2015, shortly after the delivery of <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a>, Merijn de Waard sat down with <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>’s then Head of Sales Mauro Parodi about the launch. He commented, “As a business, we are very young: it is only 10 years that <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> decided to establish <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri Yachts</a> as a business unit. In these 10 years, to have already delivered two boats amongst the 15 biggest boats in the world, it is already a big success.”<img src="https://photo-assets.superyachttimes.com/photo/204411/image/large-f9a3b535abf3a6f6154a9449eb4a9523.jpg" data-gid="gid://syiq/Photo/204411">After two projects delivered (<a data-gid="gid://syiq/Yacht/334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Serene133.9m (439'4&quot;)Fincantieri Yachts2011">Serene</a> and <a data-gid="gid://syiq/Yacht/3503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Victory140.0m (459'4&quot;)Fincantieri Yachts2014">Ocean Victory</a>), things have continued to be busy at <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>, and the group has been pushing a move toward a more sustainable future for the industry. Only last February it launched the Sustainability Linked Guarantees Facility alongside BNP Paribas, one of many collaborations the group has been establishing. Regularly making headlines, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> is an ever-relevant presence in the maritime industry and we all know that whatever yacht is next to receive its world-class construction methods, will be yet another excellent vessel.This article was originally published in&nbsp;<a href="https://sya.superyachttimes.com/news/superyacht-times-newspaper-issue-39" target="_blank">Issue 41 of SuperYacht Times newspaper</a>. To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper, <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Discover Fincantieri

Serene yacht by Fincantieri in Limassol

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Ocean Victory yacht by Fincantieri in Sardinia

Fincantieri shipyard

Known for the construction of some of the largest superyachts in the global fleet, we took a closer look at the Italian shipyard, Fincantieri.

Discover Fincantieri Yachts: Master shipbuilders

<a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group’s</a> 28-metre foiling yacht, <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>, will be built at the company’s new Abu Dhabi headquarters and manufacturing facility. The expansion has been announced alongside a $20 million investment in advanced production technology.<img src="https://photo-assets.superyachttimes.com/photo/378710/image/large-1fe37a7ffb6584ffd857ab156ba7776b.jpg" data-gid="gid://syiq/Photo/378710">The UAE-based manufacturer said the waterfront site will strengthen its ability to test and manufacture next-generation products, including <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>. She was unveiled at the Abu Dhabi International Boat Show last year and is scheduled for launch in 2029.Read: <a data-gid="gid://syiq/Article/64805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler unveils 28m foiling yacht concept Ghost (2025-11-20 14:30:00 +0100)">Foiler unveils 28m foiling yacht concept Ghost</a>Located along 200 metres of waterfront, the new complex will be equipped with high-precision robots, gantry systems, micron-accuracy machines, and metal 3D-printing technology, supporting <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata's</a> expansion into advanced marine, aerospace, and industrial manufacturing.<img src="https://photo-assets.superyachttimes.com/photo/378707/image/large-265679a4fb63b863fa0c56522f57ed7a.jpg" data-gid="gid://syiq/Photo/378707">The move follows the company’s strategic partnership with Ajyal Holding. <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group</a> CEO Aloïs Vieujot commented on the expansion: "We are very proud to be moving our headquarters to Abu Dhabi. This move will expand our capabilities and capacity, and reinforces our commitment to the UAE. It also reflects the resilience of the Emirates, demonstrated time and again.”One of the key features of the 100,000-square-metre complex will be dry dock and refit capabilities for yachts of up to 60-metres, alongside facilities for other vessel types. More than 20,000-square-metres will be dedicated to marine production.<img src="https://photo-assets.superyachttimes.com/photo/378709/image/large-fdd71e2c0e5a46f9e357291dae6c5c09.jpg" data-gid="gid://syiq/Photo/378709">Moreover, the site will also house <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> engineering and R&amp;D facilities, as well as dedicated areas for composite manufacturing, machinery, aerospace production, automotive production, and a guest experience centre. An academy and dedicated incubator space also aims to support the UAE's industrial growth and innovation across <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> core sectors.<img src="https://photo-assets.superyachttimes.com/photo/378706/image/large-900c80410be97019a0d30f4cc2d14b86.jpg" data-gid="gid://syiq/Photo/378706">“We will place strong emphasis on innovation and partnerships through our incubator and academy, which will open within the new site to accelerate growth in the aerospace and marine industries," Aloïs concluded.Construction of the complex is scheduled to begin in summer 2026, with completion expected in 2027.

Enata new Abu Dhabi complex

Enata Group's 28-metre foiling yacht, Ghost, will be built at the company's new Abu Dhabi headquarters and manufacturing facility.


28m foiling yacht Ghost to be built in Enata’s new Abu Dhabi facility

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. <img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">Last month, Czech investor KKCG Maritime submitted a request to the Italian government following Chinese shareholder Weichai Group’s decision to end CEO Alberto Galassi's 12-year tenure and replace him with Stassi Anastassov during the company’s Annual General Meeting held on 15 May 2026.Read more: <a data-gid="gid://syiq/Article/66099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions (2026-05-15 16:30:00 +0200)">Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions</a><img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. “The problem is not a fact-based problem,” explained Stassi Anastassov during a press briefing in Milan.“Nothing has really changed. I am as independent as the previous CEO was. I am totally happy if there is an investigation because there is nothing and we would support any fact-finding.”The Board of Directors appointed Anastassov, alongside Tan Ning as Chairman of the Board, Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer as minority shareholder representing Azùr a.s.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/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>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <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/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.Anastassov said the company has decided to shut down its small defence business in ⁠2024 on the basis of a unanimous decision of the previous board. “We are not actively selling anything sensitive today and there is no order intake.”

Ferretti Group denies breaching Italy’s golden power rules

Ferretti Group has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. 

Ferretti Group denies allegations of breaching Italy’s golden power rules

The United States District Court for the Southern District of Florida has dismissed the entire complaint brought by Export Yacht Sales (Brill Maritime), which alleged that Boats Group illegally monopolised the US online boat-listing market through YachtWorld, Boat Trader and boats.com.<img src="https://photo-assets.superyachttimes.com/photo/355047/image/large-0bd8f332392990f5a08cac6ea37b81d1.jpg" data-gid="gid://syiq/Photo/355047">The lawsuit was filed on 14 August 2025, with Brill Maritime alleging that Boats Group controlled approximately 75 percent of the market for listing and marketing recreational boats and used subscription agreements that either bar or discourage brokers and dealers from listing vessels on rival platforms.Read more: <a data-gid="gid://syiq/Article/64073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="US boat dealers bring antitrust class action against Boats Group (2025-08-21 13:00:00 +0200)">US boat dealers bring antitrust class action against Boats Group</a><img src="https://photo-assets.superyachttimes.com/photo/355053/image/large-d4b378b0bbe9bf56a1926a2d570b4fd5.jpg" data-gid="gid://syiq/Photo/355053">According to Brill Maritime, competing platforms had been unable to achieve the scale or inventory to grow their services effectively, leaving brokers and dealers with limited options.The court found that Brill Maritime had plausibly alleged that the relevant market could be defined as an online boat listing and marketing service in the United States and that Boat Group may possess monopoly power in that market.&nbsp;Brill Maritime also alleged that Boat’s Group claimed 75 percent of the global share, reasonably supporting an inference that it has a dominant position in the US market. As a result of this, the judge did not dismiss the case because Boats Group lacks market power.However, the judge said that Brill Maritime had failed to show that Boats Group engaged in illegal anticompetitive conduct and under US antitrust law, being a monopoly is not illegal by itself.The court repeatedly emphasised that monopoly power is legal, but using that power through anticompetitive behaviour to exclude rivals is illegal.&nbsp;The judge found that Brill Maritime’s three main allegations were insufficient including that Boats Group became dominant by acquiring competitors such as YachtWorld.com, boats.com and YachtCloser.com.The judge said that acquiring competitors is not necessarily illegal and that Brill Maritime had not explained how these acquisitions had harmed competition. The complaint had described the acquisitions as “strategic” suggesting it was more of a successful business move than illegal conduct. The judge explained that Brill Maritime had shown that Boats Group bought competitors, but not that these acquisitions were unlawful. <img src="https://photo-assets.superyachttimes.com/photo/355039/image/large-513a0ee840e10e5371f647093bba58d9.jpg" data-gid="gid://syiq/Photo/355039">Brill Maritime also claimed that Boats Group's subscription agreements stoped brokers from listing boats elsewhere. The judge examined the contract language and concluded that the provision merely prevented brokers from implying that a YachtWorld or Boats Group listing originated somewhere else. He therefore concluded that you can advertise on YachtWorld and on other sites and the contract simply prevented you from pretending a Boats Group listing came from another platform, meaning the clause is not an exclusive dealing arrangement.Finally, Brill Maritime argued that Boats Group had dramatically increased its prices. The judge responded that high prices alone are not an antitrust violation. The court cited multiple precedents saying a legal monopolist is generally allowed to charge whatever prices it wants. To prove monopolisation, Brill Maritime needed to show that the higher prices resulted from illegal exclusionary conduct.In conclusion, the judge accepted that Boats Group may hold monopoly power in the US online boat-listing market, but ruled that the plaintiffs failed to show that Boats Group acquired or maintained that position through illegal anticompetitive conduct.United States District Judge, Roy K. Altman dismissed the complaint without prejudice, meaning the plaintiff is able to resubmit an amended complaint, with a deadline of 30 June 2026.&nbsp;The lawsuit also contained claims under Florida law, with the federal court declining to hear the state claims as the federal antitrust claims were dismissed. These were also dismissed without prejudice, allowing for them to also be refiled.&nbsp;SuperYacht Times will continue to follow this story and will provide updates where necessary.

US court dismisses antitrust lawsuit against Boats Group

The US District Court for the Southern District of Florida has dismissed the antitrust lawsuit brought by Export Yacht Sales against Boats Group.

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

Ferretti Group denies The Italian Sea Group acquisition rumours

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

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has announced that the KKCG owned shareholder Azúr a.s. has initiated legal proceedings challenging the appointment of the new board of directors at the company's shareholders' meeting on 14 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">According to a statement released by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> on 11 June, Azúr filed a writ of summons before the Court of Bologna on 9 June 2026 pursuant to Articles 2377 and 2378 of the Italian Civil Code.Azúr a.s. is a wholly owned part of KKCG’s global business, founded by Czech entrepreneur Karel Komárek. They bring together all of KKCG Maritime’s assets into a single entity and currently have a 23.23 percent stake in the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.&nbsp;Azúr is currently seeking nullity and/or annulment of resolutions concerning the appointment of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>'s new board of directors, the determination of the number of board members and the appointment of the company's board of statutory auditors.They have also requested interim relief from the court to suspend the effectiveness of those resolutions pending the outcome of the proceedings. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> have responded stating that they will take the necessary steps to defend its position.&nbsp;“<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, having taken note of the service of the writ of summons, will protect its rights and will seek appropriate legal advice to defend and will have the absolute correctness of its conduct ascertained before the competent Court.”<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed that its corporate bodies remain fully operational and continue to perform their respective duties and responsibilities. They also added that these legal proceedings have no impact on its business operations, customer relationships, commercial activities or strategic projects.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect, following the company’s Annual General Meeting held on 15 May 2026.Read more:&nbsp;<a data-gid="gid://syiq/Article/66099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions (2026-05-15 16:30:00 +0200)">Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">The appointment was confirmed by the Board of Directors, which also reconfirmed Tan Ning as Chairman of the Board and the departure of Alberto Galassi. On 15 May, KKCG Maritime submitted a request to the Italian government to assess whether <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> had breached "golden power" rules designed to shield strategic assets.The matter will now be considered by the Court of Bologna, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> stating that it will keep shareholders informed of any material developments in accordance with applicable laws and regulations.

KKCG Maritime challenges Ferretti Group board appointments in court

Ferretti has announced that the KKCG owned shareholder Azúr has initiated legal proceedings challenging the appointment of the new board of directors.

Ferretti shareholder KKCG Maritime challenges board appointments in court

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced that the Court of Florence has partially lifted protective measures for five shipowners, following the company's ongoing negotiated crisis settlement procedure.<img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">On 16 March, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that it had initiated a negotiated settlement procedure under Italian Legislative Decree No. 14/2019, following internal financial irregularities. This legal framework aimed to enable them to restructure, while continuing to operate under the supervision of an independent expert.Following this, on 20 April, the Court of Florence granted protective measures for a maximum period of four months, restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction.The court also confirmed that these protective measures extended to shipowners, which prevented them from terminating their contracts of yachts currently under construction during the proceedings.The Court of Florence has now issued an order upholding the appeals filed by five shipowners which prevented them terminating their contracts. With respect to them it was also found that they were unable to exercise the other rights provided under their contracts.&nbsp;The court found that the yachts could not be covered by the protective measures because they were neither assets of the company, nor assets instrumental to its business operations.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a><img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">The ruling also determined that the shipowners were not creditors against whom such measures could be applied and their right to obtain performance under the pending contract could not be satisfied through enforcement or interim measures.The order applies exclusively to the five shipowners who filed the appeals and has no effect on the other shipowners or creditors, with the previous measures remaining in effect for the duration already established by the Court.&nbsp;TISG also stated that these measures do not affect the ongoing negotiations with its main stakeholders, including shipowners, suppliers and financial institutions, as part of the company's economic and financial rebalancing plan which is currently in progress.The company also stated that, with regard to the affected shipowners, the substance of the contractual relationships remains unchanged despite the lifting of the protective measures.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to provide updates on developments relating to the procedure and any further initiatives undertaken in accordance with applicable regulations.

TISG: Florence court removes protections affecting five yacht contracts

A Florence court has partially lifted protective measures affecting five yacht contracts linked to TISG's ongoing negotiated settlement procedure.

Florence court lifts protective measures for five The Italian Sea Group yacht contracts

Industry veterans Adam Papadakis and Kurt Fraser have announced the launch of <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>. According to the founders, it is "a new superyacht brokerage and advisory house combining traditional yachting expertise with a connected and intelligence-led approach to navigating the superyacht market."Headquartered in Monaco and serving an international client base, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> offers a full suite of brokerage, charter, yacht management and consultancy services, positioning itself as a long-term partner across every stage of the yachting journey.<img src="https://photo-assets.superyachttimes.com/photo/396755/image/large-03eb586a20f98c7bb1b9bab73768aced.png" data-gid="gid://syiq/Photo/396755">The company is led by Founder and CEO Adam Papadakis, whose career spans more than 25 years at some of the industry's most recognised brokerage houses. Throughout his career, Adam has advised clients on significant yacht transactions, new build projects and refits, building long-standing client relationships and helping drive the commercial success of some of the industry's most respected brands. Widely respected for his discretion, strategic insight and meticulous execution, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> reflects his belief that exceptional client outcomes are achieved through independent advice and deep market understanding.Joining him as Founding Executive and CCO is Kurt Fraser, a strategist, creative leader and international business executive whose career spans more than 25 years across the superyacht, luxury lifestyle, resort development and marina sectors. Throughout his career, Kurt has driven business transformation and contributed to the growth and commercial success of a number of leading yachting brands. He believes <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>'s performance-driven model is uniquely aligned with the expectations of both established yacht clients and a new generation of owners seeking greater transparency, responsiveness and long-term value.While the launch of independent brokerage houses is not uncommon within the superyacht sector, the pairing of Adam and Kurt brings together two distinctly complementary areas of expertise. Combining deep brokerage experience with proven strategic, creative and commercial leadership, the duo have built a business founded on both reputation and capability.Their partnership reflects a broader shift within the industry, where clients increasingly seek the agility, transparency and personalised approach often associated with boutique brokerage houses, without sacrificing the expertise and international reach traditionally offered by larger organisations. In this respect, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> blends established industry knowledge with a more modern, insightful and adaptable approach to yacht brokerage.A strategic advisory approachAccording to the Founding team, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> has been established in response to increasing fragmentation across the yachting experience, with clients often relying on multiple service providers and disconnected sources of information, or larger organisations whose structures can inhibit a truly performance-driven approach."Rather than concentrating solely on transactional brokerage activity, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> will work closely with clients to develop personalised yachting strategies that reflect their lifestyle objectives and long-term aspirations. Whether a client's journey begins with charter, evolves into yacht ownership, or encompasses the management and optimisation of an existing asset, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>’s objective is to ensure that every stage of the experience is aligned with their individual expectations, priorities and goals.""The superyacht industry has always been relationship-driven and that will never change," said Adam. "However, clients today require more than access and execution. Better insight and better intelligence leads to better decisions and better experiences. This is the role <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> intends to fill as trusted partners to our clients.”<a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>’s approach combines traditional brokerage expertise with strategic advisory and a deeper understanding of the factors that influence successful outcomes. The Founders believe that clients increasingly benefit from objective guidance, greater market visibility and a more integrated approach to decision-making. By bringing these elements together, the company aims to support clients across the full spectrum of yachting activities, from charter and acquisition through to ownership, management and eventual disposition.

Launch of Matterhorn yacht brokerage

Industry veterans Adam Papadakis and Kurt Fraser have announced the launch of Matterhorn, a new superyacht brokerage and advisory house.

Adam Papadakis and Kurt Fraser launch Matterhorn

<a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a> has announced that it has agreed upon a lease of construction facilities within the Maritime Industry and Business Park Volkswerft Stralsund in Germany. <img src="https://photo-assets.superyachttimes.com/photo/395892/image/large-3ca38fdddd01e9ee25c8a081829cb148.jpg" data-gid="gid://syiq/Photo/395892">Located in the Hanseatic city of Stralsund, Volkswerft Stralsund the 34-hectare site was purchased by the city in February 2022, with the council working to develop it into a maritime industrial and commercial park.The Maritime Industrial and Commercial Park Volkswerft is already home to around 20 companies and offers extensive hall space, heavy-lift capabilities of up to 1,000 tonnes, direct water access and a highly skilled regional workforce.<img src="https://photo-assets.superyachttimes.com/photo/395889/image/large-a9056b5f718fa19673449bfbc198222e.jpg" data-gid="gid://syiq/Photo/395889">“Stralsund offers exactly the kind of environment we were looking for,” explained Henning Dörries, CEO of <a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a>. “This is more than simply additional space, itis about creating the right environment to deliver ambitious projects efficiently and effectively.”Volkswerft Stralsund offers 97,000 square-metres of hall space, 32,000 square-metres of equipped office space and 24,00 square-metres of equipped workshop space and offers access via road, rail and inland/sea shipping.<img src="https://photo-assets.superyachttimes.com/photo/395893/image/large-0f32488cbf3c13ffc99a8b3423fba5fc.jpg" data-gid="gid://syiq/Photo/395893">“We are proud to welcome their success and expertise in the superyacht sector to our maritime industrial and commercial park,” said Volkswerft Stralsund. “Our facilities offer ideal conditions for conversion and new-build projects.”“The combination of infrastructure, expertise and maritime heritage available in Stralsund makes it a natural fit for our future plans,” concluded Dörries.<a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a> has unveiled several superyacht concepts over the years, including the 75-metre <a data-gid="gid://syiq/Article/64397" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts & Phathom Studio unveil 75m superyacht concept Alyra (2025-10-02 14:45:00 +0200)">Alyra</a> designed by <a data-gid="gid://syiq/Company/5530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phathom Studio (Company)">Phathom Studio</a> and the 115.2-metre <a data-gid="gid://syiq/Article/61224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First Look: Dörries Yachts unveils 115m H2-designed superyacht concept Zephyr (2024-08-12 11:15:00 +0200)">Zephyr</a> yacht designed 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>.<img src="https://photo-assets.superyachttimes.com/photo/395888/image/large-55c7722186f293194a8fedc63a57e1bb.jpg" data-gid="gid://syiq/Photo/395888">

Dörries Yachts construction facilities at Volkswerft Stralsund

Dörries Yachts has announced that it has agreed upon a lease of construction facilities at Volkswerft Stralsund in Germany.

Dörries Yachts agrees lease for new shipyard in Germany

A new international association for naval architects, exterior and interior designers operating in the superyacht sector has been formally launched, called the <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">Superyacht Design and Naval Architecture Association (SYDNA)</a>.<img src="https://photo-assets.superyachttimes.com/photo/395084/image/large-ea7330f65bc3a99734a2919387e86bc7.jpeg" data-gid="gid://syiq/Photo/395084">Launched by Executive Director Clair Rozemeijer, alongside Luca Boldrini, Managing Partner of <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> and Vice President of <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>, the organisation aims to provide greater collective representation for yacht designers and naval architects, an area of the superyacht industry that has historically lacked a unified voice despite significant growth over recent decades.“Associations are founded because individual companies often face similar challenges that they cannot solve entirely on their own, and the association’s role is to create a collective strategy and platform to address those challenges together so that ultimately all members benefit individually from the collaboration,” explained Rozemeijer.The association already counts 12 leading design and naval architecture practices among its membership, including <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a>, <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a>, <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>, <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a>, <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a>, <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>, <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta</a>, <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, <a data-gid="gid://syiq/Company/8394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Philippe Briand Group Ltd. (Company)">Philippe Briand</a>, <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>, <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> and <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>, with qualifying studios invited to join<img src="https://photo-assets.superyachttimes.com/photo/395085/image/large-1f495a08cbefdd41f95fcaeceeb15138.jpg" data-gid="gid://syiq/Photo/395085">“Together with <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>'s board members and founding members, we explored where meaningful collaboration could exist, not in the areas where companies compete, but in the areas where we can collectively strengthen the profession of yacht designers and naval architects, and positively contribute to the wider industry,” added Rozemeijer.The association will aim to improve professionalism through market research, standard contracts, ethical guidelines and quality standards. <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a> also plans to engage more actively with regulatory bodies including the <a data-gid="gid://syiq/Company/4531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Maritime Organization (Company)">International Maritime Organization</a> and ISO, while encouraging greater knowledge-sharing among members.Sustainability will also form a core area of focus, as designers and naval architects can play a greater role in supporting the transition towards more sustainable technologies and solutions, including developments linked to Roadmap 2050, in collaboration with the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.“The Superyacht Builders Association (SYBAss) has successfully got the industry’s voice heard before new rules and regulations become a fait accompli,” added Espen Øino, founder and owner of <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>, and President of <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>. <img src="https://photo-assets.superyachttimes.com/photo/395086/image/large-bd4c7ffda795a9ef61a079534321475b.jpeg" data-gid="gid://syiq/Photo/395086">“<a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a> allows us to have representation for elements specific to what we do as designers, whether that’s rules and regulations, how we deal with contracts, or other issues on which we will benefit from open discussion. It enables us to speak with one common voice toward authorities, the media, or clients.”The association also aims to strengthen recognition and credibility for member studios while supporting future generations of designers entering the sector. “The creative side of our industry has grown quite organically over many years and we’ve all entered it from different avenues,” said Jim Dixon, Studio Principal of Yachts &amp; Aviation at <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> and board member of <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>. “We all felt it was time for consolidation, unanimity and robustness behind what we do.”To qualify for full membership, studios must have operated for at least 10 years and successfully delivered a minimum of five projects over 30 metres within the past decade, including new builds, major refits or conversions.“<a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a> means we can not only bring designers together better, but also enhance our communication, cross-fertilisation and collaboration with shipyards and brokers, and ultimately that helps to grow the industry as a whole,” concluded Boldrini.

SYDNA launches international association for superyacht designers and naval architects

A new international association for naval architects and designers
operating in the superyacht sector has been formally launched.

SYDNA launches to represent superyacht designers and naval architects

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced plans to gradually increase activity across its shipyard operations, with the goal of returning to full operations in early June.In a statement issued today (27 May 2026), <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> stated that the shipyard's operational activities will be ‘progressively intensified’, amid the ongoing restructuring process. This follows last week’s announcement that the company’s share capital had fallen below the legal minimum.Read more: <a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a><img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, the company aims to reach full operations, starting from the first ten days of June. They stated that a rebalancing process remains underway through previously identified strategic measures, with cash management and operational financial dynamics continuing to be monitored.CEO Giovanni Costantino confirmed that the restructuring process is being developed with the support of top-tier advisors, but also criticised certain trade union organisations, which he described as “superficial” and “provocative” to the situation.&nbsp;“Rather than working together constructively and contributing during such a crucial phase in the life of the company, figures are being cited at random with no understanding whatsoever of the actual business situation,” commented Giovanni Costantino.&nbsp;The company also provided updates on several key projects currently under construction, including the first unit of the new 49.95-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50M line, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a>, which recently completed sea trials and is scheduled for delivery in the first days of July, and the second hybrid unit, which will be launched in the first ten days of July, with delivery expected in September.Read more: <a data-gid="gid://syiq/Article/64891" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Admiral Yachts Panorama series motor yacht Spribe launched (2025-12-02 15:00:00 +0100)">50m Admiral Yachts Panorama series motor yacht Spribe launched</a><img src="https://photo-assets.superyachttimes.com/photo/379687/image/large-11f9a8770e46f4ce46a8fb5632b8a7c1.jpg" data-gid="gid://syiq/Photo/379687">Meanwhile, the 31-metre <a data-gid="gid://syiq/Article/64789" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First 31m Tecnomar for Lamborghini 101 yacht moves to outfitting (2025-11-17 15:45:00 +0100)">Tecnomar for Lamborghini 101</a> yacht is currently undergoing the final stages of carpentry works at the Group’s Turkish facilities before being transferred to Italy in mid-June for outfitting. Construction of an additional 88-metre project is also progressing to schedule, with the yacht expected to arrive in Italy in October for completion works.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> also confirmed progress on its larger custom projects, including recently signed 82-metre and 85-metre builds acquired at the end of 2025. Both projects are currently in the detailed design phase, with keel-laying ceremonies expected to take place between July and September at the Group’s facilities in Turkey.&nbsp;The company added that activities within its refit division have continued without interruption, with operations at <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">CELI 1920</a>, the Group’s interior and cabinetry division, progressing in line with planned schedules.In addition, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> confirmed that it will participate in the 2026 edition of the <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a>, scheduled to take place this September.

The Italian Sea Group aims for full operations by June 

TISG has announced plans to gradually increase activity across its shipyard operations, with the goal of returning to full operations in early June.

The Italian Sea Group aims for full operations by June amid company restructuring

<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has announced the delivery of the 55-metre yacht <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a>, following her successful sea trials and then her christening earlier last month at the Hotel New York in Rotterdam, the Netherlands.<img src="https://photo-assets.superyachttimes.com/photo/397897/image/large-b72b16337670200e878cb4c23efd5567.jpg" data-gid="gid://syiq/Photo/397897">Built as part of the <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> 55M Steel series and previously known as Project Frida, <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> builds on the extensive experience gained from her sistership Agnetha (now <a data-gid="gid://syiq/Yacht/12672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Warda55.0m (180'5&quot;)Heesen Yachts2025">Warda</a>). Built with a steel hull and aluminium superstructure, construction on <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> began in 2022, with her sale announced in March 2026.<img src="https://photo-assets.superyachttimes.com/photo/397895/image/large-455e7b0f53339ad4db80f5eefe5bae77.jpg" data-gid="gid://syiq/Photo/397895">Translated from Spanish, the name <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> means ‘onward’ or ‘keep going’, reflecting a philosophy of encouragement and forward thinking. <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> features exterior design by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>, interior design penned by <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design and Architecture</a>, with naval architecture by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/397893/image/large-27fc7d0297d8805c5f5d51b27690548f.jpg" data-gid="gid://syiq/Photo/397893">To reflect the owner’s lifestyle, Silvia Margutti, lead architect at <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a>, worked closely with <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>'s interior engineering team. <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> uses dark woods in strong contrast with light tones, with specific locations designed to display a contemporary art collection.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/397890/image/large-2d0f46da531f85642e5a92d6c3205973.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260622%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260622T153213Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=762e2e4b3fe3e7c4fecebaee175be0b50bd20ae8ac63a9abe28375e37212f7b2" data-gid="gid://syiq/Photo/397890">“A successful speculative build programme requires absolute confidence in naval architecture and engineering, disciplines we maintain entirely in-house,” added Jeroen van der Meer, CEO at <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>.&nbsp;“By continually refining a proven steel platform with operational data, we optimise both efficiency and reliability. Such a rigorous approach guarantees uncompromising quality while significantly reducing delivery times.”<img src="https://photo-assets.superyachttimes.com/photo/397894/image/large-7f47520be02fada252b5749e337fe329.jpg" data-gid="gid://syiq/Photo/397894">With an internal volume of 760 GT, <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> can accommodate up to 12 guests across six well-appointed staterooms, including a full-beam owner’s suite complete with a private study, a bathroom featuring Calcite Blue stone and a secluded veranda.The remaining guest staterooms of <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> can be found on the lower deck and consist of four spacious suites, alongside an additional stateroom on the bridge deck. <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> can also sleep a crew of 13 across seven cabins.<img src="https://photo-assets.superyachttimes.com/photo/397884/image/large-1f99f07252f34812dc3df06c33aa9fc2.jpg" data-gid="gid://syiq/Photo/397884">Key amenities onboard <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> include a sundeck whirlpool, a fully equipped bar and multiple lounging areas, while her skydeck connects seamlessly to her aft terrace, offering an inviting space for alfresco dining.Performance-wise, <a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which provide the yacht with a top speed of 15.5 knots. She is also equipped with both zero-speed and underway stabilisers.<a data-gid="gid://syiq/Yacht/12673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pa'lante55.0m (180'5&quot;)Heesen Yachts2026">Pa’lante</a> will join her new owners for their maiden voyage in the Mediterranean later in the summer prior to her official debut at the <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a>, taking place from 23 to 26 September.<img src="https://photo-assets.superyachttimes.com/photo/397888/image/large-78415a9e6f423a737fbdeee13275a2a5.jpg" data-gid="gid://syiq/Photo/397888">

Pa’lante: 55m Heesen Steel yacht delivered

Heesen Yachts has announced the delivery of the 55-metre yacht Pa’lante, previously known as Project Frida. 

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55m Heesen Steel yacht Pa’lante delivered

The 29.9-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> motor yacht <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 100 Corsaro has been listed for sale with Ante Marinovic of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. She is an open listing.<img src="https://photo-assets.superyachttimes.com/photo/397490/image/large-39064d6b646ed8bae25b34508135a066.jpg" data-gid="gid://syiq/Photo/397490">Delivered in 2018 by the Italian shipyard <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features exterior and interior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design (Mauro Micheli)</a>, while her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>.Constructed with a GRP hull and superstructure, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has had just one owner since her delivery. The 12th hull of the model has a beam of 6.7-metres and a draft of 2.26-metres. <img src="https://photo-assets.superyachttimes.com/photo/397489/image/large-c16b2850ce08b3c59601141ad71ab6e3.jpg" data-gid="gid://syiq/Photo/397489" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">On the outside, the <a data-gid="gid://syiq/Yacht/13351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 100 Corsaro/1229.9m (98'1&quot;)Riva S.p.A.2018">Riva 100 Corsaro yacht for sale</a> presents the shipyard's distinctive styling of angular lines, expansive glazing and a silver hull beneath a contrasting dark hardtop. Her spacious flybridge serves as the main space for entertainment outdoors, overfitted with generous areas for lounging and dining. Meanwhile, her aft deck is a platform with additional seating areas and direct access to the main saloon.<img src="https://photo-assets.superyachttimes.com/photo/397487/image/large-d33643e75aae9ca2f1a05a16a2113474.jpg" data-gid="gid://syiq/Photo/397487" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/397485/image/large-664311cc8b4cdde15ed49719366d7477.jpg" data-gid="gid://syiq/Photo/397485" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Stepping inside, the <a data-gid="gid://syiq/Yacht/13351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 100 Corsaro/1229.9m (98'1&quot;)Riva S.p.A.2018">Riva yacht for sale</a> welcomes guests with a modern interior finished with warm wood veneers, dark panelling and neutral furnishings. Large panoramic windows drench her main saloon with plenty of natural light, while an additional skylounge on the upper deck offers a more intimate space, with direct access to the outdoor areas.<img src="https://photo-assets.superyachttimes.com/photo/397483/image/large-63bed735c99e92d2631dd3b4f0269993.jpg" data-gid="gid://syiq/Photo/397483" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">With an interior volume of 133 GT, accommodation onboard the <a data-gid="gid://syiq/Yacht/13351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 100 Corsaro/1229.9m (98'1&quot;)Riva S.p.A.2018">Riva 100 Corsaro yacht for sale</a> is arranged for up to 10 guests across five staterooms, including a full-beam master suite on the main deck. Three crew cabins are available for up to five crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/397484/image/large-4ef51e493bac8cf22487159b39b16897.jpg" data-gid="gid://syiq/Photo/397484"><img src="https://photo-assets.superyachttimes.com/photo/397479/image/large-46be0ce2acab95d5da98927973743225.jpg" data-gid="gid://syiq/Photo/397479">In terms of performance, the <a data-gid="gid://syiq/Yacht/13351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva 100 Corsaro/1229.9m (98'1&quot;)Riva S.p.A.2018">Riva 100 Corsaro yacht</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, propelling her to a top speed of 27.5 knots and a cruising speed of 24.5 knots. At her cruising speed, she offers a range of 320 nautical miles. Moreover, she is equipped with zero-speed stabilisers with twin gyroscopes for enhanced comfort underway and at anchor.<img src="https://photo-assets.superyachttimes.com/photo/397491/image/large-09bbe3f37597af5323129d9b8807793d.jpg" data-gid="gid://syiq/Photo/397491">All images provided courtesy of&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.

30m Riva 100 Corsaro yacht on the market

Hull 12 of 30m Riva 100 Corsaro motor yacht has been listed for sale with Fraser.


The 43-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/952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Loretta43.0m (141'1&quot;)Feadship1993">Loretta</a> is on the market with Ante Marinovic of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> was delivered in 1993 as Sea Sedan.<img src="https://photo-assets.superyachttimes.com/photo/397456/image/large-47575394637a4d5cccdcca8269b5e55b.jpg" data-gid="gid://syiq/Photo/397456"><a data-gid="gid://syiq/Yacht/952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Loretta43.0m (141'1&quot;)Feadship1993">Loretta</a> has benefited from an extensive refit programme, including maintenance works and upgrades. Built with a steel hull and aluminium superstructure, she features naval architecture and exterior design by <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>.<img src="https://photo-assets.superyachttimes.com/photo/397460/image/large-7000338a8ee1715bccd3c4fe87befeca.jpg" data-gid="gid://syiq/Photo/397460"><img src="https://photo-assets.superyachttimes.com/photo/397467/image/large-14022cbc9c9cc9fa98f6c4505f6ff60e.jpg" data-gid="gid://syiq/Photo/397467">Inside, her interiors were designed by <a data-gid="gid://syiq/Company/2" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Terence Disdale Design (Company)">Terrence Disdale Design</a>. The elegant main saloon offers a generous lounge area, a bar, and a formal dining space for up to eight guests located forward.<img src="https://photo-assets.superyachttimes.com/photo/397468/image/large-cb3221366900940dd5668bc8e24748af.jpg" data-gid="gid://syiq/Photo/397468"><img src="https://photo-assets.superyachttimes.com/photo/397461/image/large-00ae0def5191f3e05a60c504ac61c491.jpg" data-gid="gid://syiq/Photo/397461">With a volume of 438 GT, the <a href="https://www.superyachttimes.com/yachts/loretta-43m" target="_blank">yacht Loretta for sale</a> can accommodate up to 12 guests across six well-appointed staterooms. Accommodation is supported by quarters for up to 10 crew in six cabins. <a data-gid="gid://syiq/Yacht/952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Loretta43.0m (141'1&quot;)Feadship1993">Loretta's</a> sleeping arrangements include a full-beam master suite.<img src="https://photo-assets.superyachttimes.com/photo/397466/image/large-a3ff0da4bbf69d383b550abc1a48dc1d.jpg" data-gid="gid://syiq/Photo/397466"><img src="https://photo-assets.superyachttimes.com/photo/397465/image/large-337b35ce0ca7728ebcd5d255655d419c.jpg" data-gid="gid://syiq/Photo/397465">Outside, guests can enjoy a Jacuzzi and wet bar on the sundeck, alfresco dining on the bridge deck, and multiple outdoor seating and dining areas throughout the yacht. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> also benefits from dedicated storage for her extensive collection of toys and equipment, including cranes, Jet Skis, kayaks, a dive compressor, and a range of watersports gear, ensuring guests remain entertained throughout their time on board.<img src="https://photo-assets.superyachttimes.com/photo/397457/image/large-cd9573f9122ca8fd2c96c0750043a14b.jpg" data-gid="gid://syiq/Photo/397457">In terms of performance, the <a href="https://www.superyachttimes.com/yacht-news/enata-new-abu-dhabi-complex" target="_blank">Feadship yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 11 knots and a top speed of 13 knots. She is also equipped with zero-speed stabilisers, providing enhanced comfort both at anchor and underway.

Feadship yacht Loretta for sale

The 43-metre Feadship superyacht Loretta is on the market with Ante Marinovic of Fraser

43m custom Feadship superyacht Loretta for sale

Independent designer Sanjit Nair has unveiled the 110-metre yacht concept Airavat. The yacht draws on traditional Indian architecture and Eastern character to present a new interpretation of contemporary superyacht design.<img src="https://photo-assets.superyachttimes.com/photo/397835/image/large-8ecee397953de6a34f0649093b7c1551.jpg" data-gid="gid://syiq/Photo/397835">Conceived without the constraints of a specific gross tonnage category or yacht class, Airavat takes inspiration from monumental Indian temples, translating their structural expression, spatial layouts and craftsmanship into a contemporary yacht concept. According to the designer, the project marks a deliberate departure from the "glass-box" aesthetic prevalent across much of today's superyacht market.<img src="https://photo-assets.superyachttimes.com/photo/397818/image/large-4a501bd7a2cc02b1897dd11e4ee1c309.jpg" data-gid="gid://syiq/Photo/397818"><img src="https://photo-assets.superyachttimes.com/photo/397817/image/large-ea64ebd61db0c46a90d599d1a10991bc.jpg" data-gid="gid://syiq/Photo/397817">Inspired by the mythical royal white elephant, the designer aims for the Airavat concept to move past the "glass-box" and “automotive” themes that currently dominate the superyacht market. Unburdened from the typical limitations of specific yacht tonnage, this concept was conceived to offer a fresh vision in the industry.<img src="https://photo-assets.superyachttimes.com/photo/397836/image/large-f7bbcc3fc5f0fb968ffc0eb362903afa.jpg" data-gid="gid://syiq/Photo/397836"><img src="https://photo-assets.superyachttimes.com/photo/397809/image/large-70e285713fb37f7cbe96be09c5aad23f.jpg" data-gid="gid://syiq/Photo/397809" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Rather than concealing the vessel's structural boundaries, designer Sanjit Nair incorporates the grandeur, massive scale, and intricate artistry of traditional Indian temple architecture, turning the yacht into a spiritual sanctuary at sea.<img src="https://photo-assets.superyachttimes.com/photo/397812/image/large-5315c8defbbaf32c671d9fd60b0bb539.jpg" data-gid="gid://syiq/Photo/397812">Reflecting on the project, Sanjit Nair added: "Superyacht design has hit a structural and spatial saturation point; vessels are beginning to mimic one another, losing their individual soul. Vision Juggernaut is how I want to add a different kind of value to yacht design. It is an expression of personal style and a form of adding an authentic Eastern character–defined by raw scale, monumental reverence and structural honesty– to the global stage.<img src="https://photo-assets.superyachttimes.com/photo/397829/image/large-0db7f57680934fa8302612781a57eae3.jpg" data-gid="gid://syiq/Photo/397829">In terms of defining features, Airavat showcases its exposed double-height structural pillars that support the superstructure. Rather than hiding these structural elements, the design celebrates the grandeur of traditional Indian stone columns to create a striking silhouette.<img src="https://photo-assets.superyachttimes.com/photo/397830/image/large-b45ee2abe559d2df1ed9d63cc785df4c.jpg" data-gid="gid://syiq/Photo/397830" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Her aft deck has been conceived as a ceremonial arrival space, featuring a broad staircase descending to the swim platform alongside an 11-metre infinity pool. Inspired by the Varanasi Ghats along the Ganges River, the arrangement is intended to recreate the experience of approaching India's historic riverside steps.<img src="https://photo-assets.superyachttimes.com/photo/397816/image/large-edfb7199b3e7509fe8046f04bab6a25b.jpg" data-gid="gid://syiq/Photo/397816" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Forward, the yacht's sculptural bow mimics the sweep of an elephant's trunk, while the hull and superstructure reference the star-shaped foundations of Karnataka's Keshava Temple. Meanwhile, a life-sized sculpture of the mythical white elephant Airavata stands prominently on the bow, reinforcing the yacht’s identity.<img src="https://photo-assets.superyachttimes.com/photo/397813/image/large-a4a30e7a838bd434bc6a6ecda2c06339.jpg" data-gid="gid://syiq/Photo/397813"><img src="https://photo-assets.superyachttimes.com/photo/397815/image/large-07fce8c614fd8943a271cff3fbf41a20.jpg" data-gid="gid://syiq/Photo/397815">Airavat&nbsp;creatively reimagines ancient motifs as modern yacht elements. For instance, overhanging balconies inspired by Jharokha architecture serve as private viewing retreats overlooking the sea.<img src="https://photo-assets.superyachttimes.com/photo/397827/image/large-0e53430bebfe5872bc16c1c5726f9017.jpg" data-gid="gid://syiq/Photo/397827"><img src="https://photo-assets.superyachttimes.com/photo/397828/image/large-1072cfe948d99771e1dbfa2d016acd4a.jpg" data-gid="gid://syiq/Photo/397828">Moving inside, the design creates an interplay of light and geometry: circular, Mandala-inspired teak decking aligns with an illuminated glass roof above the dining pavilion, capturing the &nbsp;"open-sky" architecture found in the Kopeshwar Shiva Temple.<img src="https://photo-assets.superyachttimes.com/photo/397826/image/large-6612b1e51380b6bd0bb89d057ff19208.jpg" data-gid="gid://syiq/Photo/397826">With a beam of 17-metres, Airavat features a centralised arrangement of interior living spaces intended to maximise onboard comfort and stability. The owner's deck incorporates a spacious aft lounge fitted with a custom diamond-shaped bar, while a grand central staircase leads to the bridge deck dining pavilion, set beneath the Mandala-inspired skylight.<img src="https://photo-assets.superyachttimes.com/photo/397832/image/large-34732874166f334be26b3a63f8a246d3.jpg" data-gid="gid://syiq/Photo/397832">

110m yacht concept Airavat unveiled

Designer Sanjit Nair unveils the 110m Airavat superyacht concept, translating Indian temple architecture into contemporary yacht design

Airavat: The 110m superyacht concept inspired by Indian temple architecture

The 23.64-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/15889" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayla23.64m (77'7&quot;)Azimut Yachts2024">Ayla</a> has been sold, with Marco Fiorani and Marcello Serra of <a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a> representing both the buyer and the seller. <img src="https://photo-assets.superyachttimes.com/photo/365812/image/large-8c343fc7ec19719f4a5f39d2a52a842c.png" data-gid="gid://syiq/Photo/365812">Delivered in 2024, the yacht features naval architecture penned in-house by her builder, with interiors created by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a> and exterior design crafted by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>.<a data-gid="gid://syiq/Yacht/15889" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayla23.64m (77'7&quot;)Azimut Yachts2024">Ayla</a> can accommodate up to eight guests across four well-appointed staterooms. Guests have multiple areas for relaxation including her main saloon, aft deck, flybridge and generous foredeck.In terms of propulsion system, the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> yacht is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, giving her a cruising speed of 26 knots and a top speed of 33 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/15889" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayla23.64m (77'7&quot;)Azimut Yachts2024">Ayla</a> had a last known asking price of €3,700,000.Photo courtesy of <a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a>.

Azimut yacht Ayla sold

The 23.64-metre Azimut motor yacht Ayla has been sold, with Marco Fiorani and Marcello Serra of Idea Yachting.

24m Azimut motor yacht Ayla sold

The 67.6-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/6200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neninka67.6m (221'9&quot;)Amels2019">Neninka</a> is on the market, with Rupert Nelson of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.<img src="https://photo-assets.superyachttimes.com/photo/397700/image/large-d9cefd0e60cd04eeb6065b4e2dede447.jpg" data-gid="gid://syiq/Photo/397700">The <a href="https://www.superyachttimes.com/yachts/nenika" rel="noopener noreferrer" target="_blank" title="">yacht Neninka for sale</a> forms part of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 212 Limited Edition series and has only been used privately since her delivery in 2019. She features naval architecture penned in-house by her Dutch builder, with interiors crafted by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> and exterior design created by <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a>.<img src="https://photo-assets.superyachttimes.com/photo/397706/image/large-2a3d6297cdbb980f156ae4847272325f.jpg" data-gid="gid://syiq/Photo/397706"><a data-gid="gid://syiq/Yacht/6200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neninka67.6m (221'9&quot;)Amels2019">Neninka</a> has also benefitted from a repaint during her five-year special survey in 2024 to 2025. Inside, she showcases calm interiors, distinguished by neutral colors, light wood panelling and gold detailing. An elevator allows guests to access every deck of the yacht.<img src="https://photo-assets.superyachttimes.com/photo/397712/image/large-3867271a951851899fa884d0a0f8554b.jpg" data-gid="gid://syiq/Photo/397712"><img src="https://photo-assets.superyachttimes.com/photo/397716/image/large-0d0278ed31a187606e9e69592624f894.jpg" data-gid="gid://syiq/Photo/397716">At a volume of 1,518 GT, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> can accommodate up to 14 guests across seven well-appointed staterooms. Her layout comprises a main-deck owner’s suite, two VIP suites on the bridge deck and four well-appointed staterooms on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/397720/image/large-52d24f539e0a9d120cb3f50031dba02f.jpg" data-gid="gid://syiq/Photo/397720"><img src="https://photo-assets.superyachttimes.com/photo/397718/image/large-e273214a86babf3713b4596a689d9c54.jpg" data-gid="gid://syiq/Photo/397718">Moreover, guests onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> can benefit from spaces for relaxation and entertainment. They can enjoy the Jacuzzi and the dining area on the sun deck, as well as the beach club. Further highlights include a gym and a spa.<img src="https://photo-assets.superyachttimes.com/photo/397739/image/large-028a048b57e16d9fb4c39e9ea70ef82e.jpg" data-gid="gid://syiq/Photo/397739"><img src="https://photo-assets.superyachttimes.com/photo/397727/image/large-a674bdfe86400c60dd937dfb7bce156a.jpg" data-gid="gid://syiq/Photo/397727">In terms of propulsion system, the <a href="http://v" rel="noopener noreferrer" target="_blank" title="">Amels yacht for sale</a> is powered by twin 2,600 horsepower <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 cruising speed of 12.8 knots and a top speed of 16.5 knots. <a data-gid="gid://syiq/Yacht/6200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neninka67.6m (221'9&quot;)Amels2019">Neninka</a> is also suitable for long-distance cruising with her 5,000-nautical mile range.<img src="https://photo-assets.superyachttimes.com/photo/397702/image/large-87e1839b469f34eb79e3c5c6dd60b9a3.jpg" data-gid="gid://syiq/Photo/397702" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Photos provided courtesy of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.

Amels yacht Neninka for sale

The 67.6-metre Amels superyacht Neninka is on the market, with Rupert Nelson of Burgess.

68m Amels superyacht Neninka for sale

<img src="https://photo-assets.superyachttimes.com/photo/397620/image/large-ff2a7140591d5e824452afa8a949164c.jpg" data-gid="gid://syiq/Photo/397620">The 77.7-metre <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> superyacht <a data-gid="gid://syiq/Yacht/11076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malia77.7m (254'11&quot;)Golden Yachts Ltd.2023">Malia</a> was spotted docked in Monaco last Tuesday. Delivered in 2023, she is currently listed for sale with Crispin Baynes and Dimitris Maroulis of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>.Designed by <a data-gid="gid://syiq/Company/76" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vafiadis (Company)">Studio Vafiadis</a>, <a data-gid="gid://syiq/Yacht/11076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malia77.7m (254'11&quot;)Golden Yachts Ltd.2023">Malia</a> features interiors created in collaboration with <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a>, showcasing more than 250 different finishes, ranging from exotic woods to precious stones. Since her delivery, <a data-gid="gid://syiq/Yacht/11076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malia77.7m (254'11&quot;)Golden Yachts Ltd.2023">Malia</a> has had a single owner, who invested an additional €5 million in upgrades and enhancements to her onboard systems.Accommodation is provided for up to 17 guests across eight luxurious staterooms, including a full-beam owner's suite on the main deck. Onboard amenities include a swimming pool on the main deck, while the sun deck features a bar, Jacuzzi and lounge area. The upper deck is dedicated to alfresco dining, and the yacht also incorporates a hammam, sauna and massage suite.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, <a data-gid="gid://syiq/Yacht/11076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malia77.7m (254'11&quot;)Golden Yachts Ltd.2023">Malia</a> cruises comfortably at 16.5 knots and can reach a top speed of 18 knots.

Golden yacht Malia in Monaco

The 77.7-metre Golden Yachts superyacht Malia was spotted docked in Monaco last Tuesday.

78m Golden superyacht Malia in Monaco

The 30.6-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht <a data-gid="gid://syiq/Yacht/4923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinitas30.6m (100'5&quot;)Custom Line2012">Infinitas</a> has been sold. The buyer was represented by Costis Pontifex, Thrace Labea and Nikos Zarifis of <a data-gid="gid://syiq/Company/2510" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="EKKA Yachts (Company)">Ekka Yachts</a>, while Yannis Zagorakis of <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/291699/image/large-4f436d9e6a632c3a5af0e0857b8cd1df.png" data-gid="gid://syiq/Photo/291699">Delivered in 2012 by the Italian shipyard <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>, <a data-gid="gid://syiq/Yacht/4923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinitas30.6m (100'5&quot;)Custom Line2012">Infinitas</a> forms part of the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> 100 series. She features both exterior design and interior design 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>, with naval architecture developed in-house by her builder.Constructed with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/4923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinitas30.6m (100'5&quot;)Custom Line2012">Infinitas</a> has a beam of 7.25-metres, a draft of 1.97-metres, and an interior volume remaining below 200 GT. The yacht most recently underwent a refit in Greece in 2024.Spanning 199 GT, accommodation onboard is arranged for up to 12 guests across five well-appointed staterooms. Dedicated quarters provide accommodation for a crew of five, including her captain.In terms of propulsion, <a data-gid="gid://syiq/Yacht/4923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinitas30.6m (100'5&quot;)Custom Line2012">Infinitas</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 24 knots and a top speed of 27 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/4923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinitas30.6m (100'5&quot;)Custom Line2012">Infinitas</a> had a last known asking price of €3,700,000. Moreover, the sale was completed in Athens. Image courtesy of <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a>.

31m Custom Line motor yacht Infinitas sold

The 31m Custom Line motor yacht Infinitas has been sold with a last known asking price of €3,700,000.

Delivered in 2023 by Spain's <a data-gid="gid://syiq/Company/1732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire Shipyard (Company)">Freire Shipyard</a>, the 111.85-metre superyacht <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> holds the record of being the largest yacht ever built in the country. Recently spotted in Èze, Côte d'Azur, France, SuperYacht Times takes a closer look at the landmark project that established a new benchmark for Spanish yacht construction.<img src="https://photo-assets.superyachttimes.com/photo/397033/image/large-5febe1ee12603bd7dd248d3e7ae5c365.jpg" data-gid="gid://syiq/Photo/397033">1. <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> is the largest yacht ever built in SpainLaunched and delivered in 2023, <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> is the largest yacht ever built in Spain. The Spanish flagship yacht demonstrated <a data-gid="gid://syiq/Company/1732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire Shipyard (Company)">Freire Shipyard</a>’s ability to adapt and meet the highest standards of quality and luxury in the industry and created a new and successful line of business traditionally dominated by other countries. <img src="https://photo-assets.superyachttimes.com/photo/397036/image/large-9b565408a41c5b0508ca31177f424e67.jpg" data-gid="gid://syiq/Photo/397036">2. She was built by a yard better known for commercial vesselsFounded in 1895 in Vigo, Spain, under the name Constuccuiones Navales Paulino Freire, <a data-gid="gid://syiq/Company/1732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freire Shipyard (Company)">Freire Shipyard</a> was founded to repair and build fishing vessels for the owner Paulino Freire Piñeiro. By the 1920s the shipyard manufactured its own steam engines and ship components, before focusing on more specialised rotor tugs as well as fishing, patrol and oceanographic vessels by 1990. In 2022, they launched their first superyacht over 100 metres, the 111.85-metre superyacht <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a>. <img src="https://photo-assets.superyachttimes.com/photo/397040/image/large-b3599dcf3dff25245330f82792f15b53.jpg" data-gid="gid://syiq/Photo/397040">3. Her interior volume spans an impressive 7,200 GTWith an impressive interior volume of 7,200 GT, <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> ranks as one of the largest yachts on the charter market. With such a large volume, her interior and exterior designers <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> have utilised her 5.7-metre ceiling height in her main saloon, adorning her with sumptuous fabrics and exquisite furnishings from Höller, while creating an air of unrestricted freedom.You can explore <a data-gid="gid://syiq/Article/59259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A first look at the interiors of the 112m Freire superyacht Renaissance (2024-06-24 15:00:00 +0200)">more about her interior here</a>. <img src="https://photo-assets.superyachttimes.com/photo/397037/image/large-352dc58338bab504de7fc7ac16c0353c.jpg" data-gid="gid://syiq/Photo/397037">4. She accommodates up to 36 guests onboard<a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> can accommodate up to 36 guests, across 19 elegant staterooms, with her full-beam master suite located on the owner’s deck. The owner’s stateroom includes his-and-hers walk-in wardrobes and his-and-hers bathrooms with a connecting lounge. Her 60 square-metre owner’s deck features a media, cinema room and an opulent saloon bar, while exterior spaces include a bar and an alfresco dining area, with seating for up to 12 guests, as well as a Jacuzzi for six on the owner’s foredeck.<img src="https://photo-assets.superyachttimes.com/photo/397032/image/large-35cbf896ac39b970ebfa29088e6b0f8e.jpg" data-gid="gid://syiq/Photo/397032"><img src="https://photo-assets.superyachttimes.com/photo/397039/image/large-159277765b9f948d43e77dbb98316f82.jpg" data-gid="gid://syiq/Photo/397039">5. She was designed with charter in mindWith six decks to enjoy, guests have plenty to explore onboard <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a>. Her triple-aspect beach club provides the perfect opportunity for guests to unwind, while her Jazz bar and cinema provide infinite entertainment. <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> even boasts a pizza oven for an authentically Italian dining experience. She is also equipped with a fully-certified helipad which is the perfect location for evening events, as well as four custom-designed <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> tenders, allowing guests to explore further afield when onboard.She is currently available for charter with <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>, with rates starting from €3,000,000 per week.<img src="https://photo-assets.superyachttimes.com/photo/397035/image/large-4d00fe7e9d9861f348c6a623bfb2af92.jpg" data-gid="gid://syiq/Photo/397035">6. Her onboard facilities rival a five star resort hotelKey additional amenities onboard <a data-gid="gid://syiq/Yacht/7970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Renaissance111.85m (366'12&quot;)Freire Shipyard2023">Renaissance</a> include a capacious gym area, which her designers <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> claim is one of the largest onboard a yacht, and which opens out onto yet another aft deck. The spa deck is also home to an extensive wellness centre, including two plunge pools, a steam room, sauna, massage rooms and a hair salon.<img src="https://photo-assets.superyachttimes.com/photo/397031/image/large-3752462f6b43d5aba82f7e1bb10f1817.jpg" data-gid="gid://syiq/Photo/397031">

Renaissance: Six facts about Spain’s largest superyacht

SuperYacht Times takes a closer look at the 112m yacht Renaissance that established a new benchmark for Spanish yacht construction.