As from the 1st November 2010, e3’s seasonal office in Antigua will be open for business throughout the year. e3 have appointed a new full-time manager Mark Smith to run their branch office in Antigua. Mark will bring with him, and merge into the e3 business, his existing land based Island I.T. clients. These clients, who range from private individuals to businesses and resorts, will form the base from which e3 will develop their land based business in parallel with their existing successful marine business. Mark has lived in Antigua for a number of years and, as such, has a good knowledge of the island and the Caribbean from both the land and marine perspectives. He has worked as an engineer on yachts and has a technical I.T. background in addition to being an accomplished musician. Some regular visitors to Antigua may have come across him as the drummer in the new local Antiguan band Urban Hustle and formerly in Itchy Feet. Roger Horner, Group Managing Director of e3 Systems, commented: “We are very pleased indeed to have Mark running our business operations in Antigua. He is an excellent guy with many attributes who has already slotted into the e3 team and together we have a great potential to build a continuous 12 month business both in Antigua and across the Caribbean. From the beginning of the winter season he will be supported by Clark Dyke and Becky Morgan from our Palma office. He will also have on his team Michael Smart, our locally based technician, who has now completed two years of training with e3 and we are looking to appoint a new office administrator. Now that we have a 12 month business we will be able to recruit and train more local technicians to e3 standards to fulfil the needs that the market demands.” e3 Diane Franklin +34 971 40 42 08 <a href="mailto:diane@e3s.com?subject=e3%20on%20SuperYachtTimes.com">diane@e3s.com</a> <a href="http://www.e3s.com/">www.e3s.com</a>

e3 Antigua is now open for business 12 months of the year

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

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

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

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

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

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

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

Saudi Red Sea Authority issues first yacht regulations

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

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

Sanlorenzo reports H1 financial report

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

Sanlorenzo reports 11.6% increase in group net profit for H1

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

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

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

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Ferretti Group announces Stefano de Vivo’s departure as CCO 

Turkish shipyard <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a> has announced that Özgün Utku Alanç has been appointed as General Manager of <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a>, following the retirement of former manager Gürkan Türkeş. <img src="https://photo-assets.superyachttimes.com/photo/278003/image/large-50c9ba5c8bcd8c379697259a8efe5a64.jpg" data-gid="gid://syiq/Photo/278003">Speaking in a statement posted online, Gürkan Türkeş commented: “10 years and two months...The time that has passed since I started working as a business development manager at <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a>.”“It may not seem like a long time, but since it has been very busy and full, when I look back, it feels like at least 20 years to me. Now it is time to hand over my duties as the General Manager of this distinguished institution.”Özgün Utku Alanç recently left his position as CEO of <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ARES Yachts (Company)">ARES Shipyard</a>, where he resigned from the role after around 11 years at the helm. “Over the course of the past decade, I’ve had the opportunity to interact with a diverse range of stakeholders and colleagues, many of whom have then become close friends,” he said.<img src="https://photo-assets.superyachttimes.com/photo/325088/image/large-f978631424e980782e55125ab4bc7f69.png" data-gid="gid://syiq/Photo/325088">“I’ll be excitedly taking on a new challenge in a different location to continue my journey in the industry and, of course, I’ll stay connected. Change is the only constant in life.”Özgün Utku Alanç left the company in August 2024, with the <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ARES Yachts (Company)">ARES</a> staff expressing their gratitude and satisfaction for his leadership. He will now take over the role at <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a> from Gürkan Türkeş.&nbsp;“His route will be growth and success,” concluded Gürkan Türkeş. “I believe that he will do more than what I have done, what I could not do, and what I did not have the opportunity to do. As it is said when leaving the bridge, I bid farewell by saying "may God bless you.”

Gürkan Türkeş retires from RMK Marine as Özgün Utku Alanç is appointed new General 

RMK Marine has announced that Özgün Utku Alanç has been appointed as General Manager, following the retirement of former manager Gürkan Türkeş.

Gürkan Türkeş retires as RMK Marine appoints Özgün Utku Alanç as new General Manager

In the most recent financial disclosure, the Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, the Italy-based yacht builder headquartered in Forlì, has reviewed and officially approved the financial results for the first half of 2024. <img src="https://photo-assets.superyachttimes.com/photo/311727/image/large-3fe9300677d874d5eb81b65be7e099d1.jpg" data-gid="gid://syiq/Photo/311727">Financial overview:<ul><li>Adjusted EBITDA: €96.7 million, an increase of 15.9% from H1 2023, with a profit margin of 15.8%, up by 110 basis points from the previous year. &nbsp;</li><li>Net Revenue from New Yachts: €611 million, marking a 7.7% rise compared to H1 2023. &nbsp;</li><li>Net Profit: €44 million, up 7.6% from H1 2023. &nbsp;</li><li>Order Intake and Backlog: Order intake for H1 stands at €514.4 million, showcasing a new growth trend in Q2; order backlog at €1.5 billion, up 6.0% as of 30 June 2023. &nbsp;</li><li>Net Financial Position: Reported net cash of €237 million as of 30 June 2024, an increase of approximately €31 million post-dividend payment of about €33 million.</li></ul>Order Intake:In the second quarter of 2024, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reported an overall H1 order intake of €514.4 million, reflecting a 10.4% decrease compared to the same period in 2023.Order intake by segment:<ul><li>The Composite Yachts segment recorded €161.6 million, representing 31.4% of the total order intake, a notable decrease from €262.6 million or 45.8% in the corresponding period of 2023.</li><li>This downturn contrasts with the Made-to-Measure yachts segment, which increased to €256.3 million from €240.8 million, growing to represent 49.8% of total orders.&nbsp;</li><li>Meanwhile, the Superyachts Segment saw a substantial rise, tallying €96.5 million and making up 18.8% of the order intake, up from just 9.1% the prior year.&nbsp;</li><li>Notably, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s other businesses segment recorded no new orders in the period, a decrease from the €17.9 million and 3.1% contribution noted in 2023.</li></ul>Order intake by geography:<ul><li>In the first half of 2024, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s geographical distribution of order intakes showcased significant shifts.</li><li>In Europe, orders amounted to €182 million, representing 35.4% of the total, a decrease from the previous year's €298.8 million, which accounted for 52.1%.&nbsp;</li><li>The Middle East and Africa (MEA) region saw a notable increase to €167.2 million, constituting 32.5% of the total, up from €103.9 million or 18.1% in 2023.&nbsp;</li><li>The Asia-Pacific (APAC) region experienced a sharp decline, with orders totaling just €7.0 million, about 1.4% of the total, compared to €47.7 million or 8.3% last year.</li><li>The Americas (AMAS), however, increased their share to €158.2 million or 30.8% of the total, up from €123.5 million or 21.5%.</li></ul>Order backlog:As of June 30, 2024, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s order backlog reached €1,495.8 million, marking a 6% increase from €1,410.5 million on the same date in 2023. This growth is attributed to the orders accumulated over the past year. Order backlog by geography:<ul><li>The Composite Yachts segment reached €350.1 million, accounting for approximately 23.4% of the total backlog, a slight decrease from €365.1 million or 25.9% in 2023.</li><li>The Made-to-Measure Yachts maintained a stable presence with €568 million, constituting roughly 38% of the backlog, marginally down from 38.7% the previous year.</li><li>The Super Yachts segment witnessed significant growth, reaching €521.9 million or 34.9% of the total, up from €442.3 million or 31.4% in 2023.&nbsp;</li><li>Meanwhile, the Other Businesses segment slightly declined to €55.8 million, representing about 3.7% of the backlog, compared to €56.9 million or 4% last year.</li><li>Net Backlog of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, representing total orders not yet delivered minus revenues already booked, stood at €785.7 million. This figure shows a slight decrease of 5.2% from €828.7 million as of March 31, 2024, and a 3% decline from €810.4 million recorded on June 30, 2023. Net revenue new yachts:</li></ul>In the first half of 2024, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s net revenue from new yachts rose by approximately 7.7%, reaching €611 million, up from €567.4 million in the same period of 2023. This increase can be attributed to the solid order backlog accumulated throughout 2023 and early 2024.Net revenue new yachts by segment:<ul><li>In H1 2024, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s Composite Yachts segment generated €265.5 million, accounting for approximately 43.5% of the total net revenue from new yachts, a rise from €241.6 million or 42.6% in H1 2023.&nbsp;</li><li>The Made-to-Measure Yachts contributed €232.7 million, representing about 38.1% of the total, slightly down from €226.2 million or 39.9% the previous year.&nbsp;</li><li>Super Yachts showed significant growth, reaching €82.5 million or 13.5% of the total, up from €64.8 million or 11.4%.</li><li>Revenue from Other Businesses totaled €30.4 million, making up approximately 5% of the total, a decrease from €34.8 million or 6.1% in H1 2023.</li></ul>Net revenue new yachts by geographic area:<ul><li>The Europe region generated €313 million in net revenue from new yachts, comprising approximately 51.2% of the total, up from €265.5 million or 46.8% in H1 2023.</li><li>The Middle East and Africa (MEA) region contributed €112.8 million, representing about 18.5% of the total, an increase from €88.5 million or 15.6% the previous year.&nbsp;</li><li>However, the Asia-Pacific (APAC) region saw a decrease, with revenues falling to €23.9 million, about 3.9% of the total, down from €57.5 million or 10.1%.&nbsp;</li><li>Meanwhile, the Americas (AMAS) region accounted for €161.3 million, or 26.4% of the total, slightly up from €155.9 million or 27.5% in H1 2023.</li></ul>Net profit:<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)"></a><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s profit increased by 7.6%, rising from €40.9 million in the first half of 2023 to €44 million in the same period of 2024.Investments in tangible and intangible assets:<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s investments in tangible and intangible fixed assets totalled €90.5 million. This expenditure included approximately €14.1 million allocated for the maintenance of operations and the existing product portfolio, and approximately €76.4 million dedicated to business expansion, predominantly for the commissioning of the Ravenna shipyard.Consolidated net financial position:&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s net financial position showed a net cash balance of €237 million, an increase from €205.7 million recorded on March 31, 2024.Net working capital:<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)"></a><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)"></a><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s net working capital stood at a negative €30.7 million, reflecting a decrease of €58.4 million from March 31, 2024. This change was primarily due to accelerated deliveries in anticipation of the Mediterranean season and the subsequent collection of final payment milestones.<img src="https://photo-assets.superyachttimes.com/photo/243240/image/large-c8d44c405138c49644ebabd8896f5e94.jpg" data-gid="gid://syiq/Photo/243240">Commenting on the result, Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s Chief Executive Officer, stated: “One year after the success of the double listing on the Hong Kong and Milan stock exchanges, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> confirms its growth. Margins reached 15.8%, the best result ever for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>'s profitability, together with a net financial position of 237 million euros, improved by more than 30 million compared to last spring.&nbsp;The second quarter of 2024 also shows signs of long-term growth, including the consistent recovery in demand from the North American market, which grew by more than 28%. The season of the great European boat shows is now upon us and sees <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> present itself with a range of innovative products that are technologically advanced, attentive to sustainability and, as always, beautiful. Extraordinary boats that, we are sure, will once again be rewarded by the international market.”

Ferretti Group reports €611m net revenue from new yachts for H1 2024

Ferretti Group has reviewed and officially approved the financial results for the first half of 2024.

Dutch yacht builder <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 that Mark Cavendish has stepped down from his role, as they appoint Ruud van der Stroom as the new Chief Commercial Officer (CCO).<img src="https://photo-assets.superyachttimes.com/photo/324478/image/large-aa2afc69d4a4a937121f3082f22e5966.jpg" data-gid="gid://syiq/Photo/324478">Effective from 1 September, Ruud will undertake the position, bringing with him extensive experience and a unique background to the job role. Trained as a Dutch Royal Navy officer, Ruud studied Naval Architecture at the Naval Academy and Delft University of Technology.From there, Ruud spent several years in commercial shipping, with the past 16 spent of his career spent at Keppel Offshore and Marine and the <a data-gid="gid://syiq/Company/6617" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Shipyards (Company)">Damen Shipyards</a> Group, where he refined his expertise in the maritime industry.“This transition marks a significant milestone in my career,” explained Ruud van der Stroom. “My passion for yachting has been a lifelong pursuit, and joining such a prestigious shipyard feels like the perfect culmination of that journey.”<img src="https://photo-assets.superyachttimes.com/photo/53462/image/large-50d1759f2eb6dd43bdb547964990e63b.jpg" data-gid="gid://syiq/Photo/53462">Ruud will succeed Mark Cavendish, who will retire after an impressive 16 years with <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>. Mark has spent several years in the yachting industry and under his leadership, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> significantly expanded its reputation and sold numerous yachts ranging from semi-custom to fully custom designs.“We extend our heartfelt gratitude to Mark for his invaluable contributions. His vast experience and deep market knowledge have been instrumental in building a solid platform for Heesen continued success,” said Niels Vaessen, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s CEO.&nbsp;“We are excited to welcome Ruud to the team and look forward to the innovative direction he will bring as we continue to elevate our offerings in the luxury yacht market.”<img src="https://photo-assets.superyachttimes.com/photo/324472/image/large-337ae6224f66b1afe2c8dfc080e8ac3e.jpg" data-gid="gid://syiq/Photo/324472">

Heesen appoints Ruud van der Stroom as new CCO

Mark Cavendish steps down as Heesen's CCO, with Ruud van der Stroom taking over, marking a significant leadership change at the shipyard.

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Mark Cavendish steps down as Heesen appoints Ruud van der Stroom as new CCO

The history of Baglietto

 Justin Ratcliffe explore the past, present, and future of Baglietto’s 170 year history, including the 22 superyachts they currently have in-build.

Video: Celebrating the past, present and future of Baglietto

The Dubai Maritime Authority has signed a strategic partnership agreement with <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> for facilitating procedures related to registering maritime vessels in Dubai. <img src="https://photo-assets.superyachttimes.com/photo/322658/image/large-f6e587a199655532c7a09fd54a810bed.jpg" data-gid="gid://syiq/Photo/322658">Represented by Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum from the Dubai Maritime Authority and Abeer Alshaali, Deputy Managing Director at <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>, the partnership aims to create a unified system for registering and licensing boats.Through this new system, customers who purchase a yacht from <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> will be able to directly register their ownership with the Dubai Maritime Authority online, simplifying the process significantly.Sheikh Saeed emphasised that according to Dubai Maritime Authority's vision and strategy to intensify efforts aimed at enhancing strategic partnerships with the private sector, signing the agreement with <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> contributes to achieving governmental directives to facilitate procedures for clients.<img src="https://photo-assets.superyachttimes.com/photo/322660/image/large-4e45a171ae5f0f7fd35fa2481e9dd4b9.jpg" data-gid="gid://syiq/Photo/322660">This move is also in line with Dubai's goal to make government services more accessible and user-friendly, following the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Abeer Alshaali, praised Dubai Maritime Authority’s efforts in facilitating procedures and selecting <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> as a partner to provide the service on its behalf, streamlining the process and completing it directly from the sales outlet.Both organisations aim to ensure that all boats meet safety standards and regulations, with this not only saving time and effort for customers, but also strengthening Dubai's position as a leading maritime destination.<img src="https://photo-assets.superyachttimes.com/photo/302006/image/large-523927ee97e59451086e876416452cfb.jpg" data-gid="gid://syiq/Photo/302006">Looking Ahead: The Gulf Superyacht Summit 2024As Dubai continues to bolster its maritime sector, the upcoming <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit 2024</a> will further highlight the region’s growing prominence in the industry. Returning for its sixth year, this prestigious two-day conference will be held between 4 and 5 December 2024, at the five-star Jumeirah Beach Hotel in the sophisticated Safinah Ballroom. <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> will be attending as a gold sponsor for the event this year, which takes place just days before the Abu Dhabi Formula 1 Grand Prix.The <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit</a> aims to inform, assist, and advise yachting clients and industry professionals, with the overarching goal of establishing the Gulf as a leading winter superyacht destination.<img src="https://photo-assets.superyachttimes.com/photo/319920/image/large-8013c07f9e90fb273ae0c80eb90e03f1.jpg" data-gid="gid://syiq/Photo/319920">

Dubai Maritime Authority signs an agreement with Gulf Craft for Marine Registration Services

The Dubai Maritime Authority has signed a strategic partnership agreement with Gulf Craft to streamline yacht registration in Dubai.

Dubai Maritime Authority partners with Gulf Craft to streamline yacht registration in Dubai

<img src="https://photo-assets.superyachttimes.com/photo/326756/image/large-d1796307800198c838d725e7ccfa7362.jpg" data-gid="gid://syiq/Photo/326756">During the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, the 110-metre superyacht <a data-gid="gid://syiq/Yacht/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Raya110.0m (360'11&quot;)Lürssen Yachts2008">Al Raya</a> was observed anchored outside Port Canto, in the south of France. Built by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> in Germany in 2008, the motor yacht <a data-gid="gid://syiq/Yacht/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Raya110.0m (360'11&quot;)Lürssen Yachts2008">Al Raya</a>, formerly known as Ona and Dilbar, features exterior design 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>, and closely resembles her sisterships, <a data-gid="gid://syiq/Yacht/298" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pelorus115.0m (377'4&quot;)Lürssen Yachts2003">Pelorus</a> (2003) and <a data-gid="gid://syiq/Yacht/1969" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Radiant110.0m (360'11&quot;)Lürssen Yachts2009">Radiant</a> (2009). Her interiors, designed by <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>, can host up to 16 guests and boast top-tier amenities including a private cinema, a gym, and a spacious pool. Her owner also owns the 68-metre superyacht <a data-gid="gid://syiq/Yacht/435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alwaeli68.0m (223'1&quot;)CRN1991">Alwaeli</a>, built by <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> in 1991, which has been part of their fleet for several years. Equipped with both diesel-mechanical and diesel-electric propulsion systems, <a data-gid="gid://syiq/Yacht/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Raya110.0m (360'11&quot;)Lürssen Yachts2008">Al Raya</a> stands out as one of the more environmentally friendly superyachts in operation today.

110m Lürssen superyacht Al Raya in Cannes

The 110m superyacht Al Raya, built by Lürssen in 2008, is seen anchored in south of France during Cannes Yachting Festival 2024. 

Taking place between 10 to 15 September 2024, <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a> is one of the largest yachting shows in Europe and offers the perfect opportunity to announce the latest news in the industry.&nbsp;SuperYacht Times takes a look at some of the largest announcements from this year’s show, to make sure you are up-to-date with all the latest industry news!You can read more about the <a data-gid="gid://syiq/Article/61185" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachts attending the Cannes Yachting Festival 2024 (2024-08-05 16:30:00 +0200)">yachts attending this year's show here</a>.<img src="https://photo-assets.superyachttimes.com/photo/326471/image/large-57f1ee80e6deea578ad38974f57ac284.jpg" data-gid="gid://syiq/Photo/326471"><a data-gid="gid://syiq/Article/61425" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht (2024-09-10 08:30:00 +0200)">Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht</a>The first interior images of the groundbreaking 49.99-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> superyacht <a data-gid="gid://syiq/Yacht/11733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almax49.99m (164'0&quot;)Sanlorenzo2024">Almax</a> were unveiled at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>. Launched as part of the 50Steel series, <a data-gid="gid://syiq/Yacht/11733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almax49.99m (164'0&quot;)Sanlorenzo2024">Almax</a> is the first superyacht in the world to feature a green methanol fuel cell system, developed by the shipyard in collaboration with <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens (Company)">Siemens Energy</a>.You can <a data-gid="gid://syiq/Article/61425" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht (2024-09-10 08:30:00 +0200)">see all the images of Almax here</a>.<a data-gid="gid://syiq/Article/61428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo plans to acquire Viareggio shipyard for new 40m Nautor Swan yacht (2024-09-10 10:45:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/326529/image/large-6ee3e933ce2f68982afaac99e4bf3877.jpg" data-gid="gid://syiq/Photo/326529">Sanlorenzo plans to acquire Viareggio shipyard for new Nautor Swan maxi yacht</a><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is negotiating the acquisition of a shipyard in Viareggio, where it plans to build a new <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> maxi yacht. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also plans to extend production beyond 40-metres, using aluminium at the new yard.Find out <a data-gid="gid://syiq/Article/61428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo plans to acquire Viareggio shipyard for new 40m Nautor Swan yacht (2024-09-10 10:45:00 +0200)">more about the plans here</a>.<img src="https://photo-assets.superyachttimes.com/photo/326707/image/large-c3976a8885eac83f845146d17853cd61.jpg" data-gid="gid://syiq/Photo/326707"><a data-gid="gid://syiq/Article/61435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group reveals plan for 25 new models between 2024 and 2026 (2024-09-10 16:30:00 +0200)">Ferretti Group reveals plan for 25 new models between 2024 and 2026</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> has announced at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, that it will be introducing 25 new models to its portfolio from 2024 to 2026. These models will be introduced across the company's seven brands, which include <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>.<a data-gid="gid://syiq/Article/61435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group reveals plan for 25 new models between 2024 and 2026 (2024-09-10 16:30:00 +0200)">Learn more about the models here</a>.<a data-gid="gid://syiq/Article/61433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts unveils the new 27m Princess X90 model (2024-09-10 15:00:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/326661/image/large-1eb14481e335c289aa5afbd4759cf48c.jpg" data-gid="gid://syiq/Photo/326661">Princess Yachts unveils the new 27m Princess X90 model</a><a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> has unveiled first renderings of its new 27-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X90 model, which plans to expand on its current X class range. This latest addition serves as an alternative to the X80 and the flagship X95 Vista.Read more about the <a data-gid="gid://syiq/Article/61433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts unveils the new 27m Princess X90 model (2024-09-10 15:00:00 +0200)">Princess X90 yacht here</a>.<a data-gid="gid://syiq/Article/61437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doggersbank unveils two new explorer models (2024-09-10 18:15:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/326712/image/large-605e9a25822c8b4e1fa77271ad9a6e06.jpg" data-gid="gid://syiq/Photo/326712">Doggersbank unveils two new explorer models</a>Doggersbank, in partnership with its European partner <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, has unveiled two new additions to its explorer series at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a>: the Doggersbank 90 Offshore and 105 Offshore.Explore more about the <a data-gid="gid://syiq/Article/61437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doggersbank unveils two new explorer models (2024-09-10 18:15:00 +0200)">Doggersbank 90 Offshore and 105 Offshore here</a>.

Everything you might have missed from Cannes Yachting Festival 2024

SuperYacht Times takes a look at some of the largest announcements from Cannes Yachting Festival 2024, to make sure you are up-to-date.

Day 1: Everything you might have missed from Cannes Yachting Festival 2024

Doggersbank, in partnership with its European partner <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, has unveiled two new additions to its explorer series at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a>: the Doggersbank 90 Offshore and 105 Offshore.<img src="https://photo-assets.superyachttimes.com/photo/326709/image/large-95afb28e766ca8d60518a18d45359561.jpg" data-gid="gid://syiq/Photo/326709">The Doggersbank brand was revived by Dutch studio <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a> last year. The yachts are built at the Dutch based yard, <a data-gid="gid://syiq/Company/5951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Altena Yachting (Company)">Altena</a>.Designed by <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, both models enjoy a significant increase in space and guest features compared to previous models. These include optimised guest staterooms and enlarged crew accommodation for the 90 Offshore. The 105 Offshore, the flagship of &nbsp;the range, will include an additional ensuite guest suite bringing the total to four, including a full-beam owner’s suite, and a third crew room bringing the total to three. <img src="https://photo-assets.superyachttimes.com/photo/326710/image/large-58b3c3ff2a21f0f2a51a12cfb1eba148.jpg" data-gid="gid://syiq/Photo/326710">Joost Mertens, Sales Director at Doggersbank, commented on the development, saying, "We recognised the necessity to introduce larger models that can better integrate modern technologies and provide more space for guests and crew.” He further noted, “Our collaboration with Patrick Coote of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, which has been both long-term and productive, identified a market niche for capable, custom-built explorers supported by expert naval architecture. This insight encouraged us to enhance our existing designs and create a model that fulfils this specific demand."<img src="https://photo-assets.superyachttimes.com/photo/326711/image/large-b0373affe8e7cf79c68a6e031b7a9f8d.jpg" data-gid="gid://syiq/Photo/326711">According to Mertens, the enhancements in the new models were largely influenced by feedback from Doggersbank owners, who value the ability to host up to eight guests for adventurous maritime journeys. Notably, the addition of an extra crew room in the 105 Offshore will improve service standards, increasing the crew complement to five, captain included.<img src="https://photo-assets.superyachttimes.com/photo/326713/image/large-c55bbb527fc652d545467715faad445a.jpg" data-gid="gid://syiq/Photo/326713">Other key features for both models include an eight-person jacuzzi forward on the upper deck, with a large crane and tender aft.“With the Doggersbank 90 and 105 Offshore, we’re giving Doggersbank a sporty facelift while doing justice to the proven platform’s characteristics,” says Mertens. “The result is boats built for enhanced safety and comfort, with lots of open deck space that owners can really get behind.”Moreover, both models can also be fitted with hybrid propulsion and have larger battery banks for extended silent night operations.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/326712/image/large-605e9a25822c8b4e1fa77271ad9a6e06.jpg" data-gid="gid://syiq/Photo/326712">

Doggersbank unveils new 90 Offshore and 105 Offshore models

Doggersbank unveils two new additions to its explorer series.

Doggersbank unveils two new explorer models

The 44.06-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht <a data-gid="gid://syiq/Yacht/8942" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lucky Wave44.06m (144'7&quot;)Benetti SpA2022">Lucky Wave</a> has been sold. Jeff Schrier from <a data-gid="gid://syiq/Company/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Yacht Group (Company)">One Water Yacht Group</a> introduced the buyer, whilst <a data-gid="gid://syiq/Company/4561" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcon Yachts (Company)">Arcon Yachts</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/208590/image/large-b5dedab6d000e79ca07b0ece5a063068.jpg" data-gid="gid://syiq/Photo/208590">Delivered in 2022, as part of the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Diamond 44 series. <a data-gid="gid://syiq/Yacht/8942" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lucky Wave44.06m (144'7&quot;)Benetti SpA2022">Lucky Wave</a> features exterior design by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>, while her interior was penned by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>, with naval architecture by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. She can accommodate 10 guests onboard across five staterooms, as well as eight crew members, including the captain.&nbsp;<a data-gid="gid://syiq/Yacht/8942" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lucky Wave44.06m (144'7&quot;)Benetti SpA2022">Lucky Wave</a> has a GRP hull and superstructure. Performance-wise, she 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. She had a last known asking price of €23,000,000.

44m Benetti superyacht Lucky Wave sold

44m Benetti superyacht Lucky Wave sold with One Water Yacht Group introducing the buyer and Arcon Yachts representing the seller.

The 52-metre <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> superyacht <a data-gid="gid://syiq/Yacht/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florentia52.0m (170'7&quot;)Rossinavi2020">Florentia</a> is for sale with Jelena Vezia and Rytis Babravicius of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is in turnkey condition having recently undergone refit earlier this year. <img src="https://photo-assets.superyachttimes.com/photo/326475/image/large-35146fc8f8dd793b210344b1a517a93a.jpg" data-gid="gid://syiq/Photo/326475">Delivered in 2020, <a data-gid="gid://syiq/Yacht/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florentia52.0m (170'7&quot;)Rossinavi2020">Florentia</a> features exterior design by <a data-gid="gid://syiq/Company/76" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vafiadis (Company)">Studio Vafiadis</a>, while her interior was penned by <a data-gid="gid://syiq/Company/5936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A++ - Carlo Colombo Architect (Company)">A++ - Carlo Colombo Architect</a> with naval architecture by <a data-gid="gid://syiq/Company/1234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrabito Naval Architects (Company)">Arrabito Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/326487/image/large-137aa6ba88ed47a906b7ee937bd96a2d.jpg" data-gid="gid://syiq/Photo/326487"><img src="https://photo-assets.superyachttimes.com/photo/326484/image/large-806bab651f53c2451ad7ec88b34e7aeb.jpg" data-gid="gid://syiq/Photo/326484"><img src="https://photo-assets.superyachttimes.com/photo/326485/image/large-57899d728cda0d46905a9bb2dd3d64bd.jpg" data-gid="gid://syiq/Photo/326485">The interior design of the 810 GT <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is inspired by the natural contours of ocean waves, seamlessly integrating with advanced technology and continuous research in design functionality. The yacht’s architecture features soft lines that pervade the space, complemented by neutral colours and high-quality materials. This combination contributes to the yacht’s unique and refined atmosphere, creating a peaceful and relaxing experience for its occupants.<img src="https://photo-assets.superyachttimes.com/photo/326493/image/large-9af95c8180b4fdf7e9168091f73c1cee.jpg" data-gid="gid://syiq/Photo/326493"> <a data-gid="gid://syiq/Yacht/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florentia52.0m (170'7&quot;)Rossinavi2020"><img src="https://photo-assets.superyachttimes.com/photo/326490/image/large-4810baf3c3e58fb0a44a81d954e77d3b.jpg" data-gid="gid://syiq/Photo/326490">Florentia</a> can accommodate 12 guests onboard across six staterooms, as well as 11 crew members, including the captain. <a data-gid="gid://syiq/Yacht/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florentia52.0m (170'7&quot;)Rossinavi2020">Florentia</a>'s owner’s stateroom features a private balcony and two walk-in wardrobes. The curvaceous leather headboard of the bed complements the sinuous details of both the floor and ceiling, guiding the eye toward the en suite bathroom. Centrally positioned in the ceiling is a reflective, ring-shaped mirror, adding an artistic touch to the space.<img src="https://photo-assets.superyachttimes.com/photo/326478/image/large-63ebe644e2e1042c5b098b137310064a.jpg" data-gid="gid://syiq/Photo/326478"><img src="https://photo-assets.superyachttimes.com/photo/326479/image/large-db18e39431ace54123d7273af1106b87.jpg" data-gid="gid://syiq/Photo/326479"><img src="https://photo-assets.superyachttimes.com/photo/326481/image/large-b6dea0e70655f7a5b6f9efc2f03c9d76.jpg" data-gid="gid://syiq/Photo/326481"><img src="https://photo-assets.superyachttimes.com/photo/326480/image/large-bdccc7683f6fc5aa7908a7013d655dc2.jpg" data-gid="gid://syiq/Photo/326480">The upper deck of the <a href="https://www.superyachttimes.com/yachts/florentia/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Florentia for sale</a>, serves as a large entertainment space with the capability to transform into a cinema, thanks to a ceiling-mounted projector. This amphitheatre-style area features a double-sided sofa upholstered in natural fabric, positioned to face the bar. Accessible from this location are the technical areas, including the wheelhouse and captain’s quarter, as well as the cockpit.<img src="https://photo-assets.superyachttimes.com/photo/326482/image/large-6f6684b9ba38af02a514fa415a724908.jpg" data-gid="gid://syiq/Photo/326482"><img src="https://photo-assets.superyachttimes.com/photo/326483/image/large-1c48b3e0ccf9f4ee07aab11fb9dfa773.jpg" data-gid="gid://syiq/Photo/326483">The <a href="https://www.superyachttimes.com/yachts/rossinavi/for-sale" rel="noopener noreferrer" target="_blank" title="">Rossinavi yacht for sale</a> has a steel hull and aluminium superstructure. Performance-wise, she 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, which give her a cruising speed of 13.5 knots and a top speed of 17 knots.<img src="https://photo-assets.superyachttimes.com/photo/326496/image/large-c428e3602787f9f59e7bc95aa974947b.jpg" data-gid="gid://syiq/Photo/326496">

52m Rossinavi superyacht Florentia for sale

The 52-metre Rossinavi superyacht Florentia is for sale with Jelena Vezia and Rytis Babravicius of Ocean Independence.

<a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> has unveiled the new 27-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X90 model, expanding its X class range. This latest addition serves as an alternative to the X80 and the flagship X95 Vista.<img src="https://photo-assets.superyachttimes.com/photo/326661/image/large-1eb14481e335c289aa5afbd4759cf48c.jpg" data-gid="gid://syiq/Photo/326661">The new <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X90 model presents several unique features. A curved patio door leading to the aft main deck dining area enhances the connection to the cockpit, maintaining a sense of openness even when closed. Additionally, this is the first <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> model to incorporate drop-down balconies on both the port and starboard cockpit bulwarks, further blending indoor and outdoor spaces.<img src="https://photo-assets.superyachttimes.com/photo/326659/image/large-f475df59dc2979eea6c4d7201bd34b45.png" data-gid="gid://syiq/Photo/326659"> <img src="https://photo-assets.superyachttimes.com/photo/326662/image/large-f929bd662b945da222021c53fd05a072.png" data-gid="gid://syiq/Photo/326662">In terms of accommodation, she offers three en-suite double staterooms as standard. Owners can choose to customise this layout by opting for two additional en-suite staterooms in place of the full-beam stateroom, thus creating a five-stateroom configuration. Situated forward on the lower deck, the crew quarters include up to three rooms, a bathroom, and a mess area, which is equipped with seating and a galley.<img src="https://photo-assets.superyachttimes.com/photo/326660/image/large-c45fff793c237af68abf7edbabe78ac4.png" data-gid="gid://syiq/Photo/326660">The &nbsp;first unit of the <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X90 model is to debut in 2026.

Princess Yachts unveils the new 27m Princess X90 model

Princess Yachts has unveiled the new 27-metre Princess X90 model.

7 Simple ways for yacht crew to improve the charter experienceYacht charters are all about having happy guests and smooth crew operations. Charter guests who are having a great experience are more likely to leave a generous tip and consider returning in the future. The key to achieving this lies in clear communication and flawless teamwork among the crew.As crews continue to raise the bar in personal service and onboard standards, guest expectations have followed suit. To help meet these growing demands, here are 7 ways crew can improve the guests charter experience. <img src="https://photo-assets.superyachttimes.com/photo/326353/image/large-12e5abac090bdd1300270a315a66e1d0.png" data-gid="gid://syiq/Photo/326353">1. Live updated itineraryWith <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>, guests can explore the itinerary and learn about the destinations before or during their trip, building excitement for their journey. Since plans can always change, <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> allows for easy updates with just a few clicks.<img src="https://photo-assets.superyachttimes.com/photo/293520/image/large-bcaf871c82671be3bc474149a03718d0.jpg" data-gid="gid://syiq/Photo/293520"> 2. Detailed Guest Schedule&nbsp;Keeping both guests and crew informed of the daily schedule ensures smooth operations and avoids any confusion.&nbsp;When guests see the schedule at the start of the day, they know exactly which activities are planned, when to be ready for lunch, any dress code requirements and what’s on the menu—without having to rely on the principal guest or crew for updates.Displaying the guest schedule in the crew mess keeps all crew members aware of the day’s plans, allowing them to coordinate their tasks and departments more effectively.<img src="https://photo-assets.superyachttimes.com/photo/311450/image/large-953cc2b5445f1cb8248f106307355540.png" data-gid="gid://syiq/Photo/311450">3. All menus at your fingertipsOrdering onboard often involves multiple steps: requesting, waiting for, reviewing a menu and then placing an order. With the <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> app, guests can skip these steps and conveniently browse wellness, cocktail, and wine menus right from the sun deck on their phone or iPad. This not only saves valuable time for the crew, but also provides a faster and more seamless experience for guests.<img src="https://photo-assets.superyachttimes.com/photo/286901/image/large-8defdd490628d90bb717556354f626d9.png" data-gid="gid://syiq/Photo/286901">4. Get to know the crew&nbsp;Boarding a yacht and meeting the crew can be a lot to take in, especially when trying to remember names. <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> makes this easier by showcasing all crew members in one place. Guests can quickly check crew names before ordering a cocktail or learn more about each member through their profile.For administrative users, managing crew visibility is a breeze. Just click a button to set crew members as ‘Onboard’ or ‘On leave’ based on their current status. This eliminates the need for printing and distributing updates in each guest folder.<img src="https://photo-assets.superyachttimes.com/photo/293740/image/large-de38eb6d25c9f2a72ebc78b22e3f83da.jpg" data-gid="gid://syiq/Photo/293740">5. &nbsp; &nbsp; Easy access to Tenders &amp; ToysWith <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>, guests can explore all the boat’s toys without the need to display everything or give tours of the tender garage. The crew can add important details like setup times, license requirements, and country-specific restrictions. This helps the guests plan their activities smoothly without having to seek additional information.Guests can browse the options at their own pace, ask a crewmember to set up their preferred toys and head to the beach club whenever they’re ready.<img src="https://photo-assets.superyachttimes.com/photo/311630/image/large-5585c10755c10f26985acb9788813391.png" data-gid="gid://syiq/Photo/311630">6. Display the trips’ picturesAfter a full day of activities, it's great to show guests a recap of their adventures. With <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>, you can showcase a gallery of the day's highlights on the TV during dinner or turn-down service, helping them relive and remember the fantastic day. When the trip ends, they’ll have a wonderful collection of memories to look back on.<img src="https://photo-assets.superyachttimes.com/photo/286933/image/large-292f018c131c647a63862d68400ad3b1.png" data-gid="gid://syiq/Photo/286933">7. &nbsp; &nbsp; Identify yachts around youWhen guests are onboard a yacht, they often wonder about the yachts around them. Instead of asking the crew, they can easily identify nearby yachts using <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>. Just open the Yacht Radar feature, click on any yacht, and instantly access its full specifications and photos.<img src="https://photo-assets.superyachttimes.com/photo/326646/image/large-b66e20b364c0a6035e99fad0c5874ecc.jpg" data-gid="gid://syiq/Photo/326646">Do you want better charters, happier crew and happier guests? Contact us at sales@yachteye.com or book a <a href="https://www.yachteye.com/book-a-demo" rel="noopener noreferrer" target="_blank" title="">demo</a>. The <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> team will be at the Cannes Yachting Festival and Monaco Yacht Show (SuperYacht Times stand&nbsp;DS97)—come meet us! &nbsp;

7 Simple ways for yacht crew to improve the charter experience

Here are 7 ways crew can improve the guests charter experience with Yacht Eye features.

<a data-gid="gid://syiq/Company/7610" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmopolitan Yachts (Company)">Cosmopolitan Yachts</a> unveils the 38-metre <a data-gid="gid://syiq/YachtModel/14222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmopolitan 12538.0m (124'8&quot;)">Cosmopolitan 125</a>, a hybrid solar-electric superyacht emphasises sustainable luxury. The yacht's sleek, modern lines focus on marrying aesthetic appeal with high performance, promising exceptional handling and efficiency.<img src="https://photo-assets.superyachttimes.com/photo/326645/image/large-80905533355da15a9711ccda8c091a38.jpg" data-gid="gid://syiq/Photo/326645">At the heart of the <a data-gid="gid://syiq/YachtModel/14222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmopolitan 12538.0m (124'8&quot;)">Cosmopolitan 125</a>'s allure is &nbsp;next-generation, full-deployment beach club. This revolutionary feature transforms the yacht into a private beachfront retreat, with expansive platforms extending directly over the water. Guests can bask in the sun, dive into crystal-clear seas, or savour a cocktail as the sun sets, all while enjoying uninterrupted views and seamless access to the ocean.<img src="https://photo-assets.superyachttimes.com/photo/326642/image/large-21885af3c4b537406fb76d8550e147da.jpg" data-gid="gid://syiq/Photo/326642"><img src="https://photo-assets.superyachttimes.com/photo/326643/image/large-8c354a565c70a2ed4b275df078005887.jpg" data-gid="gid://syiq/Photo/326643"> The yacht's interior is equally impressive, boasting 500 gross tons of space designed for supreme comfort and luxury. The VIP suite on the main deck offers panoramic sea views, bringing the beauty of the ocean indoors. Below deck, dedicated areas ensure that the crew can operate with precision and efficiency. <img src="https://photo-assets.superyachttimes.com/photo/326640/image/large-d9103a4900dd0aa5b4c0eef276d05a22.png" data-gid="gid://syiq/Photo/326640"> <img src="https://photo-assets.superyachttimes.com/photo/326639/image/large-218578bbc9ee0c4bfaf2600bb7220363.png" data-gid="gid://syiq/Photo/326639"> A standout feature of the <a data-gid="gid://syiq/YachtModel/14222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmopolitan 12538.0m (124'8&quot;)">Cosmopolitan 125</a> is the option for a private owner's cabin with a terrace on the bridge deck. This exclusive space offers privacy and stunning vistas, allowing the owner to experience the ultimate in personal luxury.<img src="https://photo-assets.superyachttimes.com/photo/326638/image/large-c6033af2b5cc43603fccd49e7cb47586.png" data-gid="gid://syiq/Photo/326638"> <img src="https://photo-assets.superyachttimes.com/photo/326641/image/large-0f779a6bc22be5c31a56656ca34c41ab.png" data-gid="gid://syiq/Photo/326641">The <a data-gid="gid://syiq/YachtModel/14222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmopolitan 12538.0m (124'8&quot;)">Cosmopolitan 125</a> incorporates advanced fuel-efficient technologies and eco-friendly materials, underscoring a commitment to sustainable luxury. With a cruising speed of 10 knots and a draft of 1.9-metres, this superyacht is designed to navigate the world's oceans with grace and ease.<img src="https://photo-assets.superyachttimes.com/photo/326644/image/large-b08ececfc08b679ec1cd3c8ce170b604.jpg" data-gid="gid://syiq/Photo/326644">

Cosmopolitan Yachts introduces 38m hybrid solar-electric Cosmopolitan 125

Cosmopolitan Yachts unveils the 38-metre Cosmopolitan 125, a hybrid solar-electric superyacht emphasises sustainable luxury.

The 49.9-metre <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a> superyacht <a data-gid="gid://syiq/Yacht/994" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mosaique49.9m (163'9&quot;)Turquoise Yachts2001">Mosaique</a> is for sale in a joint CA with Stuart Larsen of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> and John Cohen and Merle Wood of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a>. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> was delivered in 2001 and features both exterior design and naval architecture by <a data-gid="gid://syiq/Company/35" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Naval Architects Ltd. (Company)">Dubois Naval Architects</a>, while her interior was penned by <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey</a> and <a data-gid="gid://syiq/Company/721" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kristina Ferrand (Company)">Kristina Ferrand</a>.<img src="https://photo-assets.superyachttimes.com/photo/326394/image/large-6c766ca6367bfaabac8b0ad583aa0001.jpg" data-gid="gid://syiq/Photo/326394">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features an interior of timeless sophistication, adorned with rich mahogany wood panelling, complemented by elegant marble accents and refined onyx details.<img src="https://photo-assets.superyachttimes.com/photo/269801/image/large-697caa30883095f976f8872305198f6e.png" data-gid="gid://syiq/Photo/269801"><img src="https://photo-assets.superyachttimes.com/photo/269802/image/large-fc0b31e787411b39d9966f4129ce1670.png" data-gid="gid://syiq/Photo/269802"><img src="https://photo-assets.superyachttimes.com/photo/269803/image/large-2bb43e091ee6f390ef71e5b396d668b9.png" data-gid="gid://syiq/Photo/269803"><a data-gid="gid://syiq/Yacht/994" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mosaique49.9m (163'9&quot;)Turquoise Yachts2001"><img src="https://photo-assets.superyachttimes.com/photo/269804/image/large-faf30dce60d047c9408874d91d287651.png" data-gid="gid://syiq/Photo/269804"><img src="https://photo-assets.superyachttimes.com/photo/269805/image/large-c6b632cdd5beb4a8f400c8aad2f1a1ec.png" data-gid="gid://syiq/Photo/269805">Mosaique</a> accommodates up to 12 guests across six staterooms, and provides quarters for 12 crew members, including the captain. The master stateroom features wooden flooring and white furnishings, creating a cosy atmosphere. Additionally, a desk positioned beside a large window adds versatility to the room, offering a private space where any potential owner can both relax and work.<img src="https://photo-assets.superyachttimes.com/photo/269798/image/large-01aac40b535f3b70ae961f05482597cb.png" data-gid="gid://syiq/Photo/269798"><img src="https://photo-assets.superyachttimes.com/photo/230176/image/large-38c209875b4d7c825c2fd8bfeaa1b4ba.png" data-gid="gid://syiq/Photo/230176"><img src="https://photo-assets.superyachttimes.com/photo/230175/image/large-6fce48cd85563944fa902535a4603570.png" data-gid="gid://syiq/Photo/230175"><img src="https://photo-assets.superyachttimes.com/photo/230174/image/large-db85bdf83eeb739d3726959523f209ca.png" data-gid="gid://syiq/Photo/230174"><img src="https://photo-assets.superyachttimes.com/photo/230173/image/large-3e74c11c792e2fb0a731d5efe8ad67c1.png" data-gid="gid://syiq/Photo/230173">Amenities onboard the <a href="https://www.superyachttimes.com/yachts/mosaique/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Mosaique for sale</a> include a Jacuzzi, hammam, and multiple entertainment areas, offering a range of options for both relaxation and leisure.<img src="https://photo-assets.superyachttimes.com/photo/230172/image/large-ec93569b2561b0a44d655c1ba13bd2f2.png" data-gid="gid://syiq/Photo/230172">The <a href="https://www.superyachttimes.com/yachts/turquoise/for-sale" rel="noopener noreferrer" target="_blank" title="">Turquoise yacht for sale</a> has a steel hull and aluminium superstructure. She is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillars</a> engines, which give her a cruising speed of 12 knots and a top speed of 15 knots. <img src="https://photo-assets.superyachttimes.com/photo/230171/image/large-edfde5ac847ed4ee4c04d3bef55043a3.png" data-gid="gid://syiq/Photo/230171"><img src="https://photo-assets.superyachttimes.com/photo/269799/image/large-2e5ceb11c4dc97b0ceade8e49f564f23.png" data-gid="gid://syiq/Photo/269799">

50m Turquoise superyacht Mosaique for sale

The 49.9-metre Turquoise superyacht Mosaique is for sale in a joint CA with Fraser and Merle Wood & Associates.