Georgia Tindale takes a deep dive into business success with L. Bruce Jones, CEO and Co-Founder of&nbsp;<a data-gid="gid://syiq/Company/4195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Triton (Company)">Triton Submarines.</a>What does Triton do?<a data-gid="gid://syiq/Company/4195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Triton (Company)">Triton Submarines</a> is the world’s leading provider of civilian, luxury deep submersibles. I co-founded the company 15 years ago, but I have been in the submarine business for more than 35. We offer 24 different models which can carry between 1 and 66 people, diving from a minimum depth of 100 metres down to 11,000 metres. We’ve also designed and built the deepest diving sub in human history: the Triton 36,000/2 which has made 15 dives down to Challenger Deep: the deepest spot in the world’s oceans.<img src="https://photo-assets.superyachttimes.com/photo/177713/image/large-5bc7cb8e0d864a95321cb0db211d6ae9.jpg" data-gid="gid://syiq/Photo/177713">Who buys your products?Our primary clientele is large yacht owners of vessels over 40 metres. Notably, quite a few of our clients use their subs for scientific purposes, including Ray Dalio, who owns the largest hedge fund in the world and captured the first-ever footage of the giant squid underwater using one of our subs!&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/177720/image/large-03f51fb121c640fa6547d9a99c875bc0.jpg" data-gid="gid://syiq/Photo/177720">Lots of entrepreneurs fail. Why didn’t you? I have made every mistake you could possibly make running my business. The submarine business is my second career: I had a lot of success in my first career and I think that helped. But there were a lot of false starts in the early days. We designed submarines that nobody wanted, as I think we were ahead of our time. My favourite thing was at the Fort Lauderdale shows where people would walk past our booths and say: “Why would anyone pay $3 million to get into a submersible and dive to 1,000 metres?” My answer to that is, ‘’Well, would you want to go down to 1,000 metres in a cheap submarine?’The most important thing for me is persistence: you just have to keep at it, and my business partner has the same mentality. We are now increasing our capabilities every year and have recently been expanding into new markets. On my side, I’m actually planning to retire this year and move onto other things. You can’t live a high-stress entrepreneur’s life forever!&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/177712/image/large-58978a3f01878819dcc18c7910e43ad8.jpg" data-gid="gid://syiq/Photo/177712">What are the latest tech developments in submersibles? At <a data-gid="gid://syiq/Company/4195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Triton (Company)">Triton</a>, we have always done things that nobody had thought possible for submersibles, especially when it comes to how deep we can go. We are now looking to build a full ocean depth submersible with a transparent glass passenger compartment and are on the cutting edge of technology when it comes to developing these glass pressure hulls.&nbsp;We are also in the process of developing a yacht analogue submarine. It’s about 100 feet (30 metres) long, with a transatlantic range, and can dive to 1000 feet (approximately 300 metres). It will be complete with staterooms, a galley, the whole thing, just like a luxury yacht. We’re currently working on it with a well-known firm of outside stylists and interior designers.This vessel will be able to cruise above the water, powered by diesel-electric propulsion and with a maximum range of 3000-3500 nautical miles. Imagine it: you could be cruising around underwater, sitting on the ocean floor, or looking out of the viewport in your bedroom out onto a coral reef.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/177709/image/large-9a1cc319d98d8368cc8771f58261fc6e.jpg" data-gid="gid://syiq/Photo/177709">You have also been spearheading the world’s first seafloor resorts and private residences. Tell us more.When you compare it to building a submarine that can dive to 36,000 feet, where the pressure is equivalent to 292 747s stacked on top of each other, putting a building on the seafloor is child’s play! You don’t have to worry about complex life support issues or power – you can just bring power from the shore. No one has done it before, because no one has the expertise necessary, but we are the one company in the world that does. We are planning to build a few of these private residences that will be around 3,600 square feet (334 square metres), which can sit in up to 60 feet of water (18.2 metres) and are accessed via an elevator and via the pier.In addition, some of the resorts which we are talking to now are interested in having a small adjunct using the same footprint as the residences. This could include having six underwater suites and a small underwater bar – and you could substitute a conference room or wedding chapel for one suite if you wanted to. Seafloor habitats and undersea living are going to become a reality: we have all the design and engineering done and we have some very good clients that we are talking to about locations for the first installation.<img src="https://photo-assets.superyachttimes.com/photo/183996/image/large-e44c9ef9279f5760f736b2178622b341.jpg" data-gid="gid://syiq/Photo/183996">We can’t wait! Count us in. Finally, what are your top tips for budding entrepreneurs?If you are going to try to do something that nobody’s ever done before, you are going to get kicked to the curb time and time again, and so you need to be able to withstand it. Secondly, you also need to really know your subject matter. If you don’t have all of the knowledge yourself, gather the expertise of people who can advise you and help you move forward. Diversification of experience and persistence are the two fundamental qualities that you need to succeed in business.This article was originally published in&nbsp;<a href="https://sya.superyachttimes.com/news/superyacht-times-newspaper-issue-39" target="_blank">Issue 41 of SuperYacht Times newspaper</a>. To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper, <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Entrepreneur in Yachting: L. Bruce Jones of Triton Submarine

Triton 3300/3 submarine toy

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Triton submarine underwater

Georgia Tindale takes a deep dive into business success with L. Bruce Jones, CEO and co-founder of Triton Submarines.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced the resignation of chairman and CEO Giovanni Costantino and non-executive director Gianmaria Costantino. This move triggered the dissolution of the company's entire board of directors.<img src="https://photo-assets.superyachttimes.com/photo/386329/image/large-5b57b6cc7647b019165636d2e632aab4.jpg" data-gid="gid://syiq/Photo/386329">The resignations, effective 20 July, automatically dissolved the board under the company's articles of association and Italian corporate law, as the majority of directors appointed by shareholders are no longer in office.The existing board will continue to operate on an interim basis until shareholders appoint a new board, with a meeting to be convened as soon as possible. The company said this would ensure business continuity and allow its ongoing restructuring process to continue.According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, the resigning directors said they had done everything possible to address the company's crisis and advance its restructuring efforts. They believe a change in governance will help strengthen stakeholder confidence, ensure continuity and maximise value for creditors.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/66488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG granted 60 days to file restructuring plan (2026-07-06 09:00:00 +0200)">TISG granted 60 days to file restructuring plan</a>The announcement comes just weeks after the company entered a court-supervised crisis regulation procedure under Italy's Crisis Code. Earlier this month, the Court of Florence confirmed protective measures allowing <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to continue operating while it prepares a restructuring plan. The measures prevent shipowners from terminating existing contracts due to shipyard defaults or enforcing related guarantees, while also providing temporary relief to key suppliers involved in projects nearing delivery.The company has said the court protections will support the completion of ongoing yacht builds and the implementation of its restructuring strategy. Subject to agreements with suppliers, clients and financing institutions, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> is also considering a capital increase of around €100 million from the fourth quarter to strengthen its financial position.Despite stepping down as chairman and CEO, Giovanni Costantino remains <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> majority shareholder, indirectly controlling 53.6 per cent of the company's share capital through GC Holding S.p.A. Gianmaria Costantino does not hold shares in the company.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">Read more: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>The company added that neither director had raised objections or disputes regarding board decisions as part of their resignation. Giovanni Costantino also has no ongoing employment or contractual relationship with the company, while Gianmaria Costantino will remain an employee under his existing employment contract.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to update the market on developments as the restructuring process progresses.

TISG Costantino resignation

The Italian Sea Group (TISG) has announced the resignation of chairman and CEO Giovanni Costantino

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TISG chairman Giovanni Costantino resigns, triggering board dissolution

<a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has announced the appointment of Myriam Cutolo as Executive Vice President. <img src="https://photo-assets.superyachttimes.com/photo/400424/image/large-bb28a90401bc22ca0d567563f4dbb08e.png" data-gid="gid://syiq/Photo/400424">In her new role, Myriam Cutolo will coordinate the company’s administration, finance, organisation and business development activities, working in synergy with the management team and the heads of the various operational areas.Myriam brings with her extensive knowledge of the company, where she has developed her understanding of the organisation, its people and the processes in which it operates. An Olympic sailor and manager, her skills have been honed to complement the experience and skills of the team. <img src="https://photo-assets.superyachttimes.com/photo/400419/image/large-786015d14f715d880541f2641a598533.jpg" data-gid="gid://syiq/Photo/400419">Founded in 1995 by Sergio Cutolo and Silvia Himsolt, <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has evolved from an engineering company into a leading yacht design firm. The company has grown over the years, with the arrival of Nicola Camuffo as Chief Technical Officer (CTO) and Michele Lauriero as Chief Operating Officer (COO) in 2025.“Over more than thirty years, Sergio Cutolo built far more than a design studio: he built a culture, a vision and a wealth of expertise that today belong to all of <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>,” explained Myriam Cutolo.“My goal is not to replace my father, because a figure like his cannot be replaced, and there would be no point in trying. My role is to help ensure that what he built continues to grow and generate value through the people who lead and develop the company every day.”<img src="https://photo-assets.superyachttimes.com/photo/400421/image/large-e9c1b1f865b39b50291c37cd6dc865fe.jpg" data-gid="gid://syiq/Photo/400421">Speaking of his daughter’s transition into the role of Executive Vice President, President &amp; Founder Sergio Cutolo said: “Seeing Myriam take on this role is a source of great satisfaction for me, not only as founder but also as a father.”“What we are building together is an organisation capable of evolving while maintaining the same quality, reliability and passion that have guided us from the very beginning. That is the most important guarantee we can offer for <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>’s future.”

Hydro Tec appoints Myriam Cutolo as Executive Vice President

Hydro Tec has announced the appointment of Myriam Cutolo as Executive Vice President. 

Norwegian maritime technology company <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> has announced an agreement to acquire the Swedish company <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> AB.<img src="https://photo-assets.superyachttimes.com/photo/400397/image/large-a892bdf50408f966fb7e7ca3fd29bc7f.jpg" data-gid="gid://syiq/Photo/400397"><a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a leading designer and manufacturer of integrated propulsion and electrical systems for the maritime market and has demonstrated strong growth and a profitable market position in recent years.“This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments,” explained Lisa Edvardsen Haugan, CEO of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>.The financial details of the transaction are currently undisclosed, but the acquisition is priced at approximately the same EV/EBITDA level as the current pricing of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> ASA.“<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> complements our portfolio in a highly attractive way and together we will deliver greater value through a wider offering, stronger lifecycle support and shared expertise,” added Haugan.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> will operate as a separate brand and standalone business unit within <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>’s Propulsion &amp; Handling division, allowing <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg</a>’s customer focus and culture to be maintained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400398/image/large-ae759ecd6b2a91de8c3c0a944c475fb2.jpg" data-gid="gid://syiq/Photo/400398">“Joining forces with <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> is an exciting opportunity for <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>. Our businesses complement each other well, and together we can create new opportunities for our customers and employees,” commented Philip Chaabane, CEO of <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>.According to <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>, the acquisition will allow them to benefit from <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.“The transaction will unlock significant potential in the aftermarket,” explained Per Håvard Siljan Hjukse, EVP Propulsion &amp;. Handling at <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>. “We also see cross selling opportunities, such as our Energy &amp; Control products into <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s core segments, and Berg’s propeller systems into naval where KM has strong positions.”The combined propulsion portfolio will cover a full spectrum of technologies, including controllable pitch propellers and thrusters, hybrid and electrical propulsion systems and integrated vessel control solutions.In January 2026, <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> announced that the company was formally on track to become an independent company after shareholders of Kongsberg Gruppen approved the separation at a general meeting held on Thursday 22 January 2026.Read more: <a data-gid="gid://syiq/Article/65227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime to become stand-alone company (2026-01-23 12:15:00 +0100)">Kongsberg Maritime to become stand-alone company</a><img src="https://photo-assets.superyachttimes.com/photo/400399/image/large-55d4fc3d28111400f5505de36c37d8d0.png" data-gid="gid://syiq/Photo/400399"><a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> operates across multiple maritime segments, supplying systems and solutions for offshore vessels, cruise ships, fishing vessels and naval platforms. The company is also a well-established supplier within the yacht and superyacht sector, where its integrated bridge systems, propulsion solutions and automation technologies are widely used.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a Swedish company that designs and manufactures controllable-pitch propellers for the marine industry. The company produces customised main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems for various vessels including cargos, tugs and superyachts.&nbsp;

Kongsberg Maritime acquires Berg Propulsion

Norwegian maritime technology company Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion AB.

<a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> has announced that Bogdan Gusarev has joined as Sales Manager for Europe and the CIS region. <img src="https://photo-assets.superyachttimes.com/photo/399998/image/large-62a5903f5dff04c9e810116b4eaef5da.jpg" data-gid="gid://syiq/Photo/399998">Gusarev brings more than a decade of experience in the explorer yacht sector and has lived and worked across some of the world's most prevalent yacht building regions including Germany, Italy and Turkey.Before entering the industry, Gusarev lived aboard a sailing yacht, giving him a practical knowledge of life at sea. This has allowed him to guide clients with clarity and a strong understanding of what long-range yacht ownership truly requires.“Bogdan combines real boating experience with a genuine understanding of what owners in this segment are looking for,” explained Patrik von Sydow, CEO of <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a>. “That's a rare mix, and exactly what we need as we grow our presence across Europe and the CIS.”<img src="https://photo-assets.superyachttimes.com/photo/399999/image/large-f2593548ee91bd938b36c95018180e06.jpg" data-gid="gid://syiq/Photo/399999">As well as this, Numarine has announced that Sales Manager for MENA &amp; APAC, Salih Küçükoğlu, will now take on the responsibility for the Turkish market as well. His new title will be Sales Manager for Türkiye, MENA &amp; APAC.He has previously led growth initiatives across the Middle East and Asia-Pacific, playing a key role in expanding dealer networks and managing relationships with high-net-worth clients.“With a customer-focused mindset and a design-driven perspective, Küçükoğlu now brings this experience to Numarine's home market, supporting the shipyard's continued growth in Türkiye,” concluded von Sydow.

Bogdan Gusarev appointed at Numarine

Numarine has announced that Bogdan Gusarev has joined as Sales Manager for Europe and the CIS region. 

Numarine appoints Bogdan Gusarev as Sales Manager for Europe and CIS region

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker across their Palm Beach, Fort Lauderdale and Miami offices.<img src="https://photo-assets.superyachttimes.com/photo/399828/image/large-19a5f0e5ae4aec550013e04859fea307.png" data-gid="gid://syiq/Photo/399828">Bustamante joins <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> with over 16 years of experience, including his most recent role with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. At <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>, he will focus primarily on new-build opportunities, while also supporting brokerage sales transactions.“We are delighted to welcome Ernesto to <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>,” commented Sarah Futhazar, US Managing Director. “His expertise in new-build, combined with his commercial approach and dedication to client service, makes him a valuable addition to our team.”Born in Miami and raised between the US and Colombia, Bustamante interned at <a data-gid="gid://syiq/Company/5418" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bertram Yachts (Company)">Bertram Yachts</a> while in college, later graduating from the University of Miami in 2009 with a degree in International Finance &amp; Marketing, and a minor in Entrepreneurship.While in school, he became a fully licensed and certified yacht broker and consequently worked for a boutique firm. From 2014 to 2019 Bustamante joined the <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> Sales Broker’s team, before later moving 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> where he worked as a <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Brand Sales Manager.&nbsp;“What truly attracted me to the company is the opportunity to work with the world's leading shipyards and represent any yacht on the market, giving clients completely independent advice tailored to their ambitions,” concluded Ernesto Bustamante.

Ernesto Bustamante: Camper & Nicholsons appoints Superyacht Sales Broker

Camper & Nicholsons have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker.

Camper & Nicholsons appoints Ernesto Bustamante as a Superyacht Sales Broker

The <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a> has launched a new Yacht Engaged in Trade (YET) programme, providing British Virgin Islands (BVI)-flagged superyachts with a formal path to combine private use with limited commercial chartering in Greek, Monaco and French waters.The certification, which comes under a newly published <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a>, only applies to BVI-flagged yachts measuring 24-metres and above.<img src="https://photo-assets.superyachttimes.com/photo/285871/image/large-8fcbfd6ecd33123efe76d4c151e81472.jpg" data-gid="gid://syiq/Photo/285871">According to <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, owners may retain their Pleasure Certificate of British Registry while taking on a temporary Yacht Engaged in Trade (YET) certificate for the duration of each charter period, for up to a maximum of 84 days per year. Once the charter concludes, the yacht's pleasure certificate is reinstated without requiring conversion to full commercial registration.<a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> also stated that owners are no longer required to leave European Union waters to complete new import or export formalities when switching between private and charter use.&nbsp;Under the programme, yachts may operate on either basis during the 18-month Temporary Admission period without further customs formalities, provided the relevant conditions are met. Yachts with VAT-paid status or in Free Circulation are not subject to the 18-month limit.<img src="https://photo-assets.superyachttimes.com/photo/363128/image/large-9de6013ee3a3b56cf02c66b85dc42db8.jpg" data-gid="gid://syiq/Photo/363128">The programme is intended for yachts already operating to a commercial standard. To qualify, vessels must measure at least 24-metres in load line length, hold class certification and comply with the Red Ensign Group Yacht Code, the Maritime Labour Convention, the International Safety Management Code and the International Ship and Port Facility Security Code.Furthermore, <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> verifies compliance through a survey before issuing a Yacht Engaged in Trade Certificate of Compliance, which must be held before each charter period.Charters are limited to 84 days annually and may carry no more than 12 passengers. For non-VAT-paid yachts, charters can currently only commence in Greek, Monaco or French waters. During charter periods, yachts operate under commercial requirements and remain subject to Port State Control inspections under the Paris Memorandum of Understanding.Commenting on the programme, Business Development Manager at <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, Georgios Bazos, said: "This gives BVI-flagged yachts operating in Europe the opportunity to charter for part of the year while keeping their private registration for the rest. It's a natural next step for the registry, and one more option for owners who want flexibility without added complexity."

VISMA launches 84-day European charter programme for BVI-flagged superyachts

VISMA has launched a new programme, allowing BVI-flagged superyachts up to 84 days of commercial chartering in selected European waters. 

Plymouth-based boat refit company Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.<img src="https://photo-assets.superyachttimes.com/photo/399628/image/large-90cdcccefd37fd95c414dc2c921b672b.jpg" data-gid="gid://syiq/Photo/399628">Yacht Solutions Europe focused on yacht refit and repairs, with services including engineering, retrofitting, carpentry, upholstery and upgrades. They worked on projects worldwide and opened a base in Florida, USA, in 2023.Yacht Solutions Europe was founded in 2021 by two former <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> employees, Paul Eccles and Dave Watson, after the collapse of a previous business, Yacht Solutions Worldwide Ltd.&nbsp;The assets were sold to Yacht Solutions Europe in a pre-pack deal and was dissolved in 2024, leaving debts of more than £282,000 unpaid, with the company now entering creditors’ voluntary liquidation.<img src="https://photo-assets.superyachttimes.com/photo/399629/image/large-a78e5de8571b860d8e0ffc83ed261014.jpg" data-gid="gid://syiq/Photo/399629">Documents filed on Companies House show assets of about £18,000 which will be used to pay nine employees and the pension scheme, however there is less than £1,000 left for other creditors, which include more than £176,000 owed to HM Revenue and Customs, nearly £85,000 owed to a lender, around £160,000 owed to six other banks and institutions and £82,500 owed to workers as unsecured creditors.There are 21 trade creditors claiming a combined £34,700, while the American arm Yacht Solutions USA is claiming £71,000. Yacht Solutions Europe’s statement of affairs also revealed that an estimated £608,522 will end up being unpaid.Steve Henson, Managing Director at Devon’s Castle Hill Insolvency, has been appointed joint-liquidator.

Yacht Solutions Europe enters liquidation

Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.

Yacht Solutions Europe enters liquidation with more than £600k unpaid debt

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the appointment of Evan Kortmann as Chief Executive Officer, succeeding Enrico Theuns, who has led the company since 2023.<img src="https://photo-assets.superyachttimes.com/photo/399351/image/large-0b3b67f3579803bdd2cecd343234633d.jpg" data-gid="gid://syiq/Photo/399351">Theuns was originally appointed as CEO through a planned three-year transition following the retirement of founder Wim van der Valk in April 2024. During his tenure, <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> expanded into the 30 metre segment and further strengthened their position in the superyacht market.&nbsp;Read more: <a data-gid="gid://syiq/Article/60237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard announces retirement of founder and management buyout (2024-04-22 09:30:00 +0200)">Van der Valk Shipyard announces retirement of founder and management buyout</a><img src="https://photo-assets.superyachttimes.com/photo/314045/image/large-e3b7cc6745248f659ccfc2d9b2962713.jpg" data-gid="gid://syiq/Photo/314045">“Leading <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> over the past three years has been a rewarding experience,” commented Enrico Theuns. “I am proud of what we have accomplished together and grateful to our employees, clients, co-makers and partners for their commitment and support throughout this period.”Evan Kortmann joins the management team alongside Technical Director Bram Kooltjes and Commercial Director Yoeri Bijker. Theuns will remain involved during the coming months to &nbsp;ensure a smooth transition and support the handover of his responsibilities.Kortmann joins <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> from <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> where he acted as Chief Executive Officer following the semi-retirement of Daan Balk in 2023. Evan joined Balk the year prior as Chief Commercial Officer before transitioning to CEO.&nbsp;Read more: <a data-gid="gid://syiq/Article/58021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down (2023-07-04 16:45:00 +0200)">Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down</a><img src="https://photo-assets.superyachttimes.com/photo/351424/image/large-efe5e4f30ffe75940f3be9e197745b18.jpg" data-gid="gid://syiq/Photo/351424">“<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has built a strong international reputation for delivering high-quality custom yachts,” explained Kortmann. “Our focus on fully custom yachts between 200 and 500 GT allows owners to create a yacht that reflects their individual requirements, while benefiting from the experience and craftsmanship of our team.”“I look forward to working with our clients, colleagues and partners as we continue developing the company and delivering yachts that meet the highest standards of quality and craftsmanship.”

Evan Kortmann appointed CEO of Van der Valk Shipyard

Van der Valk Shipyard has announced the appointment of Evan Kortmann as Chief Executive Officer.

Van der Valk Shipyard appoints Evan Kortmann as CEO

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has been granted 60 days to submit its final restructuring plan after the Court of Florence formally opened proceedings under Article 44 of Italy's Crisis and Insolvency Code.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The court approved the company's application, filed on 1 July, and appointed three judicial commissioners to oversee the process. In its order, the court said <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> proposed restructuring appears to be structured with the objective of preserving the company as a going concern.The company said business activities will continue as normal under the protection of court-ordered measures that prevent creditor enforcement actions during the restructuring. The 60-day deadline may be extended by the court if necessary.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing marks a further step in <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG’s</a> restructuring process after the company said it could no longer pursue a turnaround solely within Italy’s negotiated settlement framework. Its board resolved on 30 June to seek protection under Article 44, with the application filed the following day.Read: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>In a recent market update, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> disclosed consolidated net financial debt of approximately €178.7 million and €266.8 million in overdue liabilities as of 31 May 2026. The company also confirmed that accumulated losses had <a href="https://www.superyachttimes.com/yacht-news/tisg-enters-restructuring-phase-share-capital-below-legal-minimum" target="_blank">reduced its share capital below the legal minimum</a> required under Italian law.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>Despite missed loan repayments, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said its lending banks have not accelerated outstanding borrowings while restructuring negotiations continue. The company has also received a €25 million interest-free shareholder loan from controlling shareholder GC Holding to support liquidity during the process.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, which owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, said it will continue operating its new-build and refit businesses while it prepares the restructuring proposal.

TISG granted 60 days to file restructuring plan

The Italian Sea Group (TISG) has been granted 60 days to submit its final restructuring plan.

French catamaran builder <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027 after overseeing the company's development for several years.<img src="https://photo-assets.superyachttimes.com/photo/336108/image/large-030539c248d560fb467ce7d5ce4321c0.png" data-gid="gid://syiq/Photo/336108">The governance changes come as the group, which includes the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot Yachts</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands, prepares for its next phase of growth ahead of its 50th anniversary.Gardies will progressively transition his responsibilities over the coming months to ensure continuity within the business, with Deputy Chief Executive Officer Mathieu Fountaine tasked by the Board of Directors with supporting the next phase of the group's long-term development strategy.The Board has also appointed Stéven Guedeu as Deputy Chief Executive Officer. Guedeu joined the company in 2011and has held a number of commercial leadership positions in the development of both the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands. In his new role, he will oversee the group's sales and marketing activities, while supporting the execution of its long-term strategy.After more than 20 years, Deputy Chief Executive Officer Romain Motteau’s role has not been renewed. <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> stated that Motteau will continue to oversee the group's international activities, while working on a new strategic project, which is expected to be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/370998/image/large-1dccbc7db8fe06ebede4b4e471e38bab.png" data-gid="gid://syiq/Photo/370998">The company has also expanded its Executive Committee, which now comprises Nicolas Gardies, Mathieu Fountaine, Stéven Guedeu, Group Industrial Director Johan Le Saux, Supply Chain &amp; IT Director Vladimir Popov, Chief Financial Officer Betty Roger, Human Resources Director Mélanie Pouplier and Group Purchasing Director Déborah Pligot.In addition, Jordan Sabot has been appointed Communication &amp; Digital Director, succeeding Hélène de Fontainieu following her 32 years with the company. Sabot will be responsible for leading the group's communications strategy, supporting its international development and accelerating its digital transformation.The governance changes follow the publication of <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a>'s first-half fiscal 2025/26 results, during which the group reported revenue of €136.3 million while maintaining positive profitability. The company said it will continue investing in product development, innovation, the energy transition and the continued growth of its Fountaine Pajot Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Yachts and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands.

Fountaine Pajot CEO Nicolas Gardies to step down

Fountaine Pajot has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027.

Fountaine Pajot CEO Nicolas Gardies to step down following leadership transition

The 80-metre-plus <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> superyacht <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> has been photographed in St Tropez, France by the SuperYacht Times team for the first time following the completion of an extensive refit at the <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co S.p.A. (Company)">Amico &amp; Co</a> facility in Genova Italy. <img src="https://photo-assets.superyachttimes.com/photo/400628/image/large-241fcf289c011fde841f708664112753.jpg" data-gid="gid://syiq/Photo/400628"><img src="https://photo-assets.superyachttimes.com/photo/245063/image/large-734d5a135b729ad1af3e18aad203f55b.jpg" data-gid="gid://syiq/Photo/245063">Bottom: Pure photographed as Sarafsa before her refitDuring her refit, <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> underwent significant interior and exterior changes, as well as a new paint job which saw her transformed from a navy hull to white. The aft sections of <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> have also been reconfigured, allowing for more deck space, with an extension to her stern. She was originally 82-metres at the time of her launch.<img src="https://photo-assets.superyachttimes.com/photo/400633/image/large-eb4c751d9645590e3b140ba06ff86dd0.jpg" data-gid="gid://syiq/Photo/400633">The most significant change to <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> is her stern, which has been redesigned to include a beach club transom area, with an integrated pool. Her previous staircase arrangement has been modified with a cleaner layout, while her mast has been simplified and modernised.<img src="https://photo-assets.superyachttimes.com/photo/400624/image/large-df4f992d2231aec2160a884f7a82b8b0.jpg" data-gid="gid://syiq/Photo/400624">First launched in 2008, <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> was once the largest superyacht to be built in the United Kingdom, before she was overtaken by <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a> in 2021. She previously sported a dark hull and white superstructure, with original naval architecture from the drawing boards of <a data-gid="gid://syiq/Company/273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burness Corlett Three Quays International Limited (Company)">Burness Corlett - Three Quays Limited</a>, alongside interior and exterior design by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>. The team involved in her redesign is currently unknown.<img src="https://photo-assets.superyachttimes.com/photo/400626/image/large-4ac605c759a97575cbd969250b186558.jpg" data-gid="gid://syiq/Photo/400626"><img src="https://photo-assets.superyachttimes.com/photo/245064/image/large-a2b48d9c904f7d512489257d037944b4.jpg" data-gid="gid://syiq/Photo/245064">Details surrounding her interior refit are yet to be revealed, but <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> previously was able to accommodate up to 14 guests across a seven stateroom configuration, as well as 23 crew in 13 cabins. She has a GT of 3,392 according to Lloyd's Register. <img src="https://photo-assets.superyachttimes.com/photo/400621/image/large-be73f9e4b2ff73b72ac302653c1efb81.jpg" data-gid="gid://syiq/Photo/400621">Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, providing her with a top speed of 16.5 knots and a cruising speed of 14 knots.&nbsp;

Devonport yacht Pure after major refit

The 82-metre Devonport superyacht Pure has been spotted in France following the completion of an extensive refit.

First look at the Devonport superyacht Pure  following radical refit

The 24.38-metre <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> sailing yacht <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> has been sold. Stefano Leonardi of <a data-gid="gid://syiq/Company/6621" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="L Marine Group Srl (Company)">L Marine Group</a> represented the buyer, with <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Global Service providing assistance. Sean McCarter 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> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/318522/image/large-f2fbf4511c7c81a5deeb17168f1ebbe0.png" data-gid="gid://syiq/Photo/318522">Delivered in 2000 by Finnish shipyard <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, Umiko, previously known as Astro de l'Est, features both exterior design and naval architecture crafted by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. Meanwhile, her &nbsp;interiors were penned in-house by her builder. The sailing yacht was last refitted in 2022.Constructed with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> has a beam of 5.82-metres and an interior volume of 48 GT. Accommodation onboard is arranged for up to six guests across five well-appointed staterooms, alongside dedicated quarters for two crew members.&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> is powered by a single <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> engine, propelling her to a top speed of 20 knots and a cruising speed of ten knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/4056" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umiko24.38m (79'12&quot;)Nautor Swan2000">Umiko</a> had a last known asking price of €1,300,000.Image courtesy 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>.

 24m Nautor Swan sailing yacht Umiko sold

24m Nautor Swan sailing yacht Umiko has been sold with a last known asking price of €1,300,000.

<a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> is strengthening its focus on the European market with the introduction of two larger yacht concepts, the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project and the KingCat 125, as the shipyard looks to engage a broader international client base through adaptable design platforms and competitive build timelines.<img src="https://photo-assets.superyachttimes.com/photo/376943/image/large-6daae673f169235ed3926bc1df4514ff.jpg" data-gid="gid://syiq/Photo/376943">Founded in 2004 by Roger Liang in Zhongshan, Guangdong Province, with management and marketing based in Hong Kong, <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> has developed its position in the 300 to 499 GT segment, where it sees growing opportunity amid rising new-build costs.<img src="https://photo-assets.superyachttimes.com/photo/399479/image/large-8cf23502eab60f270b671602a5175505.jpeg" data-gid="gid://syiq/Photo/399479">Two larger yacht conceptsWhile both projects reflect <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>’s move into larger yacht construction, the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m&nbsp;project and the KingCat 125&nbsp;have been developed around different design priorities.<img src="https://photo-assets.superyachttimes.com/photo/399472/image/large-a77db1b4fa3325df9815067d311d55fd.png" data-gid="gid://syiq/Photo/399472">The KingCat 125, a multihull explorer concept, was developed by <a data-gid="gid://syiq/Company/464" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barracuda Yacht Design Ltd. (Company)">Barracuda Yacht Design</a>, which was responsible for both her exterior and interior concept. She has a robust and functional design language, with an exterior shaped around capability, practicality and purpose. Her twin-hull configuration is intended to support efficiency and stability, while the design also includes private balconies for each guest stateroom, an unusual feature in this size and category of yacht. Rather than focusing on decorative detailing, the project places emphasis on operational strength, with form closely linked to performance.<img src="https://photo-assets.superyachttimes.com/photo/399470/image/large-ba69f4b68a3a86cfc74214492b2abe28.png" data-gid="gid://syiq/Photo/399470">The <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project takes a more refined approach. Her exterior was created by <a data-gid="gid://syiq/Company/1403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axis Group Yacht Design (Company)">Axis Design Group</a>, with <a data-gid="gid://syiq/Company/464" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barracuda Yacht Design Ltd. (Company)">Barracuda Yacht Design</a> responsible for the interior concept. Developed as a 499GT platform, she is intended to combine elegance and versatility, with a distinctive bow and a carefully proportioned overall profile. In contrast to the more assertive character of the KingCat 125, the Kingship 45m project is positioned as a more adaptable platform for owners seeking a larger yacht with considerable interior potential.<img src="https://photo-assets.superyachttimes.com/photo/399474/image/large-944b55481e7291b372eb0462f7b323ca.jpg" data-gid="gid://syiq/Photo/399474">Adaptability and delivery timelinesThe level of customisation differs between the two projects. On the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project, the layout is largely defined by the vessel’s structural framework, although minor spatial adjustments remain possible where they do not affect the existing structure. The interior concept, developed by <a data-gid="gid://syiq/Company/464" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barracuda Yacht Design Ltd. (Company)">Barracuda Yacht Design,</a> has been presented by <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> as a showcase of the shipyard’s craftsmanship and production capabilities. It follows a contemporary style with subtle Asian influences, while still allowing an owner to tailor the interior to her own preferences and use of the yacht.<img src="https://photo-assets.superyachttimes.com/photo/399478/image/large-f87f1113f026d9926077c0799be26230.jpg" data-gid="gid://syiq/Photo/399478"><img src="https://photo-assets.superyachttimes.com/photo/399477/image/large-ad3c3a2f74eb33a37d6686b99f919a0b.jpg" data-gid="gid://syiq/Photo/399477">The KingCat 125&nbsp;offers greater flexibility at this stage. Her final interior design has not yet been developed, although the intended direction is modern, contemporary, warm and comfortable. With fewer structural constraints than the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project, she gives owners more scope to shape the interior arrangement and design from an earlier stage.Delivery timelines remain dependent on final specifications and contract terms. As a guide, <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> says the KingCat 125 could be completed within around three years of a signed order, with the possibility of a shorter time frame depending on the final project scope. For the <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a> 45m project, completion by the end of 2027 is considered realistic if an owner agrees terms in the near term.<img src="https://photo-assets.superyachttimes.com/photo/399473/image/large-84b74b2c764f9cfec13be860f1956175.jpg" data-gid="gid://syiq/Photo/399473">Kingship’s renewed European focus<a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>’s renewed focus on Europe began in 2025, when the shipyard increased its market presence at the Cannes and Monaco yacht shows. The decision generated strong client interest and helped support further discussions around its larger yacht concepts.<img src="https://photo-assets.superyachttimes.com/photo/399468/image/large-097a54820becde6db2f49247a5a66f8b.jpg" data-gid="gid://syiq/Photo/399468">That activity was accompanied by a series of updates to <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>’s market positioning, including new design concepts, a refreshed website and an updated marketing image. In 2026, the shipyard plans to continue that approach with a presence at the Palais building in the Vieux Port during the Cannes Yachting Festival, where it intends to build on existing conversations with prospective clients and industry representatives.<img src="https://photo-assets.superyachttimes.com/photo/399469/image/large-7c68000bcacefe5c13a0701df2267d99.png" data-gid="gid://syiq/Photo/399469">The <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>&nbsp;45m project is also being actively marketed by <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, giving the project access to the brokerage house’s wider international network. For <a data-gid="gid://syiq/Company/282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kingship (Company)">Kingship</a>, this support forms part of a broader effort to reach a more global client base and strengthen its visibility in Europe.<img src="https://photo-assets.superyachttimes.com/photo/399471/image/large-8ab2f188493374fb15e2b9970d4bf1f4.png" data-gid="gid://syiq/Photo/399471">

Kingship targets Europe with larger yacht concepts 

Kingship is strengthening its focus on the European market with the introduction of two larger yacht concepts.

Kingship strengthens European focus with Kingship 45m project and KingCat 125

<a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura Marine</a> has unveiled the 25-metre <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global, a cruising trimaran designed to make fast ocean passages at lower fuel consumption than typical long-range cruisers of a similar size.<img src="https://photo-assets.superyachttimes.com/photo/400597/image/large-846ab7cee7a8c72508f2d9f9a7a4e6f7.jpg" data-gid="gid://syiq/Photo/400597" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Designed by Australian naval architecture studio <a data-gid="gid://syiq/Company/1962" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bury Design (Company)">Bury Design</a>, the Silura 25 Global has been developed to achieve a cruising speed of 20 knots with a range of approximately 2,000 nautical miles in still water. When cruising at 12 knots, the trimaran has a projected range of around 5,000 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/400606/image/large-ed7bd8b04b36d4425c435cafb84fb6a8.png" data-gid="gid://syiq/Photo/400606">In terms of propulsion, the <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is powered by a 280-horsepower <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> diesel engine paired with a controllable-pitch propeller to deliver its target cruising speed. Meanwhile, a bow-mounted kite and feathering propeller come as standard to provide supplementary wind propulsion and extend the vessel's range.<img src="https://photo-assets.superyachttimes.com/photo/400596/image/large-75ef3be7b8cba689500254e34786960f.png" data-gid="gid://syiq/Photo/400596">Built to <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyd</a>'s SSC standard, the trimaran is specified with an “advanced composite structure” comprising E-glass and vinyl ester with carbon reinforcement in high-load areas over a PVC foam core. <img src="https://photo-assets.superyachttimes.com/photo/400595/image/large-70b946d7e6b0cfdc17c75c68332f6907.jpg" data-gid="gid://syiq/Photo/400595"><img src="https://photo-assets.superyachttimes.com/photo/400607/image/large-6dcdad7066b2882f051fa7fe7c508fc8.png" data-gid="gid://syiq/Photo/400607" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Designed for extended periods at anchor, the <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is equipped with a 44-kWh battery bank and 7-kW of integrated walkable solar panels to power onboard hotel loads without the need for a generator in suitable conditions. Twin 20-kW electric drives are also available as an option for low-speed manoeuvring.<img src="https://photo-assets.superyachttimes.com/photo/400598/image/large-bbb16c730dc00c623453d5eeac271712.png" data-gid="gid://syiq/Photo/400598">The design centres around a slender central hull, measuring less than two metres at the waterline, which carries most of the vessel's weight, while two lightly submerged amas dampen roll to improve comfort underway. According to <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura Marine</a>, the fine hull form reduces drag while contributing to the yacht's long-range cruising capability.<img src="https://photo-assets.superyachttimes.com/photo/400610/image/large-e872e00fc273e48bee6088ec68782293.png" data-gid="gid://syiq/Photo/400610">Outside, the <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is distinguished by a clean exterior profile with an expansive beam and minimalist design where alfresco living is ideal thanks to her generous aft cockpit. A hydraulic swim platform is provided for easy water access, while her aft deck has been designed to accommodate a substantial tender.<img src="https://photo-assets.superyachttimes.com/photo/400600/image/large-bf0a67ec645ae8412f7b0c91d186de80.jpg" data-gid="gid://syiq/Photo/400600"><img src="https://photo-assets.superyachttimes.com/photo/400602/image/large-5eac81a3a0d2f860d2956ea531e32566.png" data-gid="gid://syiq/Photo/400602">Inside, her main saloon is adorned by light oak finishes and soft neutral soft furnishings, as well as panoramic glazing letting in natural light. Moreover, her enclosed saloon flows to an open-plan helm and galley. <img src="https://photo-assets.superyachttimes.com/photo/400601/image/large-66b0ebe9385d61e32c33325b46666acf.png" data-gid="gid://syiq/Photo/400601" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Accommodation has been arranged across two ensuite staterooms forward and aft, each with front access, a dedicated bathroom, queen-sized berths. Notably, both accommodations are finished in pale timber and positioned with low-set hull windows that bring the sea to eye level.<img src="https://photo-assets.superyachttimes.com/photo/400603/image/large-42513d480e77ec2c2abde8dcb9c88154.png" data-gid="gid://syiq/Photo/400603">"The brief was simple: cross oceans at 20 knots, carry a couple in comfort, and do it on a fraction of the fuel normally required by a boat of this size," said principal of <a data-gid="gid://syiq/Company/1962" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bury Design (Company)">Bury Design</a> and the vessel's designer, Paul Bury.<img src="https://photo-assets.superyachttimes.com/photo/400589/image/large-f427e771853bfb4a89441355cb67195a.png" data-gid="gid://syiq/Photo/400589">The <a data-gid="gid://syiq/Company/8940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silura Marine (Company)">Silura</a> 25 Global is available to order and will be built by AsOne Yachts in Cha Am, Thailand.<img src="https://photo-assets.superyachttimes.com/photo/400608/image/large-597c3ed0bb75e8e7e496e0bc4d84077f.png" data-gid="gid://syiq/Photo/400608" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">

Silura Marine unveils 25m Silura 25 Global trimaran

Silura Marine has unveiled Silura 25 Global, a trimaran concept designed to cross oceans at 20 knots.

Silura Marine unveils 25m trimaran concept designed to cross oceans at 20 knots

<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> has announced that the 29.18-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> motor yacht <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> has been sold. Marco Fodale of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Monaco introduced the buyer, while Peter Redford and Eugenio Cannarsa of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Australia represented the seller, supported by Richard Lambert of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> Monaco.&nbsp;According to <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> Australia, the transaction marks its latest sale completed in just under six months.<img src="https://photo-assets.superyachttimes.com/photo/382399/image/large-fa16ed3c4352d301a230215b9bee7c04.jpg" data-gid="gid://syiq/Photo/382399" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Delivered in 2008 by Dutch shipyard <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a>, <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> features exterior design by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a>, with interiors penned by <a data-gid="gid://syiq/Company/165" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Art Line (Company)">Art Line</a>. Her naval architecture was crafted by <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design (Company)">Diana Yacht Design</a>. The yacht was last refitted in Australia in 2023.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> has a beam of 7.3-metres and a shallow draft of 1.9-metres.&nbsp;At an interior volume of 190 GT, accommodation onboard is arranged for up to nine guests, across a six-stateroom configuration. Dedicated quarters are provided for five crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/2465" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Little Perle29.18m (95'9&quot;)Moonen Yachts2008">Little Perle</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 12 knots and a top speed of 14 knots.Image courtesy of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.

29m Moonen motor yacht Little Perle sold

The 29.18-metre Moonen motor yacht Little Perle has been sold, with Fraser representing both the buyer and seller alongside Burgess Monaco.


29m Moonen motor yacht Little Perle sold in less than six months

SuperYacht Times takes a closer look at the 36.5-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> motor yacht <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti SpA2026">Enjoy</a>. Delivered in 2026, the yacht forms part of her shipyard’s B.YOND 37m series.<img src="https://photo-assets.superyachttimes.com/photo/398105/image/large-f251772a50c1431e175d4c2980dec51e.jpg" data-gid="gid://syiq/Photo/398105">She features naval architecture by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>, with exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>. <img src="https://photo-assets.superyachttimes.com/photo/398118/image/large-e453465c98005302ba78fced15ebb6cb.jpg" data-gid="gid://syiq/Photo/398118"><img src="https://photo-assets.superyachttimes.com/photo/398111/image/large-cc2377f7f8dfb3f1285874cd480b6055.jpg" data-gid="gid://syiq/Photo/398111">Inside, the main deck is fitted with floor-to-ceiling windows that flood the interior with natural light and connect seamlessly to the forward lounging area. Glazed surfaces highlight marble staircases, rich dark wood detailing, and elegant gold accents throughout.<img src="https://photo-assets.superyachttimes.com/photo/398117/image/large-1b4d1ef1b9c44c5491e28fcd51240344.jpg" data-gid="gid://syiq/Photo/398117">At just under 400 GT, <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti SpA2026">Enjoy</a> measures 8.6 metres in beam and has a draft of 2.5 metres. She can sleep up to 12 guests across six well-appointed staterooms. The layout includes two master suites, elegant VIP suites, and a flexible convertible twin suite.<img src="https://photo-assets.superyachttimes.com/photo/398116/image/large-70f6187370d33f713b920250955c49bb.jpg" data-gid="gid://syiq/Photo/398116"><img src="https://photo-assets.superyachttimes.com/photo/398125/image/large-511f401230857498d82eebc204223f1a.jpg" data-gid="gid://syiq/Photo/398125">Each suite is equipped with a television, refined finishes, and generous storage. The master suite also features a walk-in wardrobe and spacious en-suites with his-and-hers sinks. The bridge deck master opens onto a private outdoor terrace, offering enhanced privacy.<img src="https://photo-assets.superyachttimes.com/photo/398113/image/large-26008a8b76e90a50ffb3edcd13177380.jpg" data-gid="gid://syiq/Photo/398113">Moving outside, guests can relax in the upper deck Jacuzzi or enjoy alfresco dining with a BBQ on the sundeck. The upper deck saloon is also fitted with a sophisticated bar and wine fridge, complemented by a dumbwaiter serving multiple decks. Completing her outdoor amenities, <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti SpA2026">Enjoy</a> offers a beach club with an opening transom and a gym with cork flooring.<img src="https://photo-assets.superyachttimes.com/photo/398109/image/large-2764d84c2bc9c720f1a767a71b38561c.jpg" data-gid="gid://syiq/Photo/398109">In terms of propulsion, <a data-gid="gid://syiq/Yacht/11342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enjoy36.5m (119'9&quot;)Benetti Yachts2026">Enjoy</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, delivering a cruising speed of 12.5 knots.She is currently available for charter in Croatia and Montenegro with <a data-gid="gid://syiq/Company/4561" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcon Yachts (Company)">Arcon Yachts</a> at a weekly rate of €230,000.

Onboard Benetti yacht Enjoy

SuperYachtTimes steps onboard the 36.5-metre Benetti motor yacht Enjoy.

A closer look at the 37m Benetti motor yacht Enjoy

<a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> and <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES Yachts</a> have unveiled the EPOQ 36, a modern gentleman's yacht concept. She features exterior design by <a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STURGE & TOTH (Company)">Sturge &amp; Toth</a> and naval architecture by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/400569/image/large-0c89a87d0aee8bde68fe98cd0bfa62fe.png" data-gid="gid://syiq/Photo/400569">EPOQ 36 is the first model in <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES Yachts’</a> new series, launched to celebrate the Turkish shipyard’s builder heritage of more than 50 years. The EPOQ series marks a new chapter for the shipyard, introducing a semi-custom platform designed to make its craftsmanship and design approach accessible to a wider range of owners while maintaining its focus on quality and personalisation.<img src="https://photo-assets.superyachttimes.com/photo/400565/image/large-20d293054d15a0c0dc6b137139a0f534.png" data-gid="gid://syiq/Photo/400565">According to <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>, the concept is aimed at owners who prioritise lifestyle over status. Inspired by the Belle Époque, the yacht reflects the era's sophistication and refined way of life."Today's owners increasingly seek yachts that reflect their lifestyle rather than their status," said <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> CEO Peter Hürzeler. "The <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES</a> EPOQ 36&nbsp;delivers exactly that. She is elegant without excess, technically sophisticated without unnecessary complexity, and designed for people who genuinely love spending time at sea."<img src="https://photo-assets.superyachttimes.com/photo/400566/image/large-63cb2310939097f080c323c6b2af113c.png" data-gid="gid://syiq/Photo/400566">Penned by <a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STURGE & TOTH (Company)">Sturge &amp; Toth</a>, the exterior reinterprets the classic gentleman's yacht through subtle references to traditional British yacht design rather than direct historical recreation. The generous outdoor spaces have been designed to maximise the guest experience, while the interiors offer a flexible living environment. In the main saloon, loose furniture is paired with traditional wood craftsmanship and contemporary fabrics. This allows owners significant scope for personalisation, even during the later stages of construction.<img src="https://photo-assets.superyachttimes.com/photo/400564/image/large-f3a4a613890d066a41292d76abb8cf15.png" data-gid="gid://syiq/Photo/400564">One of the yacht's standout features is a glass-bottomed Jacuzzi on the sundeck, which also serves as a skylight for the alfresco dining area below. Incorporating switchable liquid-crystal glass technology, it can alternate between transparent and translucent.<img src="https://photo-assets.superyachttimes.com/photo/400563/image/large-8ffbc700a28713013153529d5d4b8015.png" data-gid="gid://syiq/Photo/400563">The yacht features a steel displacement hull, paired with low-revving engines. At the heart of EPOQ, however, is her renowned Fast Displacement Hull Form (FDHF), developed by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>. Combining the efficiency of a displacement yacht with the performance of a semi-displacement design, the hull reduces fuel consumption while improving cruising efficiency and onboard comfort.<img src="https://photo-assets.superyachttimes.com/photo/400571/image/large-dc0b102bc8291654051f818c68f998d5.png" data-gid="gid://syiq/Photo/400571">Her lower deck layout has been standardised to optimise build quality while retaining flexibility for owner customisation. "EPOQ was never about adding complexity," concluded designer Benjamin Toth. "Every design decision has been evaluated through the lens of how owners actually use their yachts. The result is a vessel that offers exceptional comfort while remaining practical to own and operate for decades."

SES Yachts EPOQ 36 yacht concept

 Ocean Independence and SES Yachts have unveiled the EPOQ 36.

SES Yachts unveils Belle Époque-inspired EPOQ 36 yacht concept

Croatian yacht brokerage <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> has expanded its international presence with the opening of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> Exclusive, its new sales and brokerage office in Monaco.<img src="https://photo-assets.superyachttimes.com/photo/400581/image/large-cd60de5aaee3d09e88758dafc055bede.jpg" data-gid="gid://syiq/Photo/400581">Strategically located at Port Hercule, the new office will serve as the company's international sales and brokerage hub and will represent the <a data-gid="gid://syiq/Company/5305" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solaris Yachts (Company)">Solaris</a> and Stradivari boating brands on an exclusive basis. The expansion is also intended to strengthen <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>'s position in the superyacht segment and enhance its offering to ultra-high-net-worth clients across the Mediterranean.Located at 7 Avenue J.F. Kennedy, the Monaco office is the newest addition to <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>'s growing network, following the opening of its Slovenia office in 2025. The company said the new location will strengthen connections between its established Adriatic operations and the wider Mediterranean market. <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> Exclusive will be led by Commercial Director Carlos Vassallo, who brings more than 15 years of industry experience to the role.<img src="https://photo-assets.superyachttimes.com/photo/400577/image/large-984c4f1c0ecf46a43da3102f38d36c95.jpg" data-gid="gid://syiq/Photo/400577">"The opening of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> Exclusive in Monaco represents an important milestone in our long-term development," said COO of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>, Fredrik Delić. "Monaco is the natural meeting point of the international yachting industry, and this presence allows us to strengthen the connection between our established Adriatic operations and the wider Mediterranean market."<img src="https://photo-assets.superyachttimes.com/photo/400582/image/large-fa942b4a4b374d5724ecbfd9de3e5318.jpg" data-gid="gid://syiq/Photo/400582">Founder and CEO of <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a>, Gordan Zadro, added: “When I founded <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> in 2010, my ambition was to build a company that clients, partners, and manufacturers would trust for its professionalism, integrity, and long-term commitment. That philosophy has guided every decision we have made over the past fifteen years and continues to shape our future."<img src="https://photo-assets.superyachttimes.com/photo/400578/image/large-cbb9d1a50858e9aa6841602100321099.jpg" data-gid="gid://syiq/Photo/400578">Founded in 2010, <a data-gid="gid://syiq/Company/6275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navis Marine (Company)">Navis Marine</a> is a yacht brokerage specialising in yacht sales, acquisition advisor, charter services and yacht management. Headquartered in Zagreb, Croatia, the company now has offices in Split, Trogir, Ljubljana and Monaco, with further international expansion planned before the end of 2026.

Navis Marine opens new sales and brokerage office in Monaco

Navis Marine has expanded its international presence with the opening of Navis Marine Exclusive, a new sales and brokerage office in Monaco.


<a data-gid="gid://syiq/Company/2718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Steelyachts B.V. (Company)">Van der Heijden</a> has announced the sale of its new 26-metre <a data-gid="gid://syiq/Yacht/17240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Explorer IV26.0m (85'4&quot;)Van Der Heijden Steelyachts B.V.2027">Van Der Heijden Explorer IV</a> yacht. Construction is currently underway at the Dutch shipyard's facility in Waalwijk, with the project marking the latest addition to its explorer range.<img src="https://photo-assets.superyachttimes.com/photo/400560/image/large-324295561c7077030e1500eecb7e7d99.png" data-gid="gid://syiq/Photo/400560">For the shipyard, <a data-gid="gid://syiq/Yacht/17240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Explorer IV26.0m (85'4&quot;)Van Der Heijden Steelyachts B.V.2027">Van Der Heijden Explorer IV</a> represents a new generation of the <a data-gid="gid://syiq/Company/2718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Steelyachts B.V. (Company)">Van der Heijden</a> explorer series, which benefits from an increased interior volume with contemporary exterior lines and a highly customised layout.<img src="https://photo-assets.superyachttimes.com/photo/400553/image/large-cabfc6c2a3f4eb9bbbdab74188ba81c6.png" data-gid="gid://syiq/Photo/400553">Developed around the owner’s cruising plans and requirements, the yacht has a beam of 7.5-metres and a draft of 2.3-metres.<img src="https://photo-assets.superyachttimes.com/photo/400554/image/large-6ee481de108019c8703f1aacfe7848f8.png" data-gid="gid://syiq/Photo/400554">Stepping inside, the yacht has been designed with amply proportioned living and dining areas, while her layout separates private guest accommodation from social living spaces, technical areas. Large windows allow plenty of natural light and a close connection to the surrounding ocean vistas.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400555/image/large-6b02cbfdfe7221803da3b42e43edc048.png" data-gid="gid://syiq/Photo/400555">Outside, extensive spaces for outdoor relaxing and entertaining can be enjoyed by the guests while cruising the Mediterranean seas.<img src="https://photo-assets.superyachttimes.com/photo/400552/image/large-8f91b1c085af9231e8e347887c391d5d.png" data-gid="gid://syiq/Photo/400552">Accommodation onboard is arranged for up to eight guests across four en suite staterooms, alongside separate quarters for four crew members across two quarters.<img src="https://photo-assets.superyachttimes.com/photo/400561/image/large-2b01b4ef0735ded9012edff7dc848599.png" data-gid="gid://syiq/Photo/400561" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Being built to applicable <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> class requirements and intended to meet CE Design Category A - Ocean, the <a data-gid="gid://syiq/Yacht/17240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Explorer IV26.0m (85'4&quot;)Van Der Heijden Steelyachts B.V.2027">Van Der Heijden Explorer IV</a> has been conceived for long-range cruising. The final propulsion package, onboard systems and cruising capabilities will be tailored to the owner's preferences.All images provided courtesy of <a data-gid="gid://syiq/Company/2718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Der Heijden Steelyachts B.V. (Company)">Van der Heijden</a>.

26m Van der Heijden Explorer IV yacht sold

Van der Heijden  has announced the sale of its new 26-metre Explorer IV yacht, which is currently under construction at the Dutch shipyard's facility.