Holland Jachtbouw has launched the J-class yacht Rainbow at its yard in the Netherlands. Based upon the lines of the original America’s Cup winner in 1934, this spectacular 40-metre J features the unique WhisperPower hybrid propulsion and power system. Rainbow is currently being stepped and sea trials will commence this month as she gears up to compete in this summer’s regattas, including the J-class races in England. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/138514/image/large-78d261dd9e5aab64843a71324bae2a88.jpg" data-gid="gid://syiq/Photo/138514">In close cooperation with Holland Jachtbouw technical director Arjen Zijlmans, a state-of-the-art Hybrid Power and Propulsion system was developed by Dutch power system's specialist WhisperPower BV, making this 40-metre yacht the first full hybrid pleasure sailing yacht of its kind. “I am proud to be the first superyacht builder launching a full hybrid propulsion and auxiliary power system, which is really engineered as total system and not a combination of components supplied by various companies. The cooperation with WhisperPower and its subcontractors really worked out well”, says Arjen Zijlmans. This hybrid solution replaces the conventional main engine and two generator configuration found on other Js, which have a larger engine room than the comparatively lighter <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/1016">Rainbow</a> (170 tonnes). The main engine replaces the second generator, while the remaining generator is a variable speed unit. The main engine generator can also act as an electric motor that can also run the propeller. This solution is smaller in size and saves on fuel. The batteries can also be charged while sailing without losing more than 1.5 knots of speed. <a href="#managed-by-application" data-legacy="true" data-gid="gid://syiq/Yacht/1016">Rainbow</a> can be operated entirely on her Hy-Store Li-ion batteries, including sailing, navigation and hotel load. This also meets the owner’s request for silent periods on-board, without generators running, from 11 pm to 7 am. And that in turn promises much for those who enjoy cruising and, potentially, chartering Rainbow. Other key overall benefits of this innovative propulsion solution include a dramatic reduction of the ecological footprint, a 30% reduction in the fuel required to generate the hotel load, and a similar reduction in the maintenance costs for the power plant in hotel load. Redundancy is built-in with five power sources available: The hybrid battery, the variable speed generator, the variable speed engine generator, the shaft generator (when sailing) and shore power (when available). There is also a substantial reduction in audible noise levels both inside the yacht and out. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/138515/image/large-9e63e35401f7bf2283635a446fde3960.jpg" data-gid="gid://syiq/Photo/138263">“The Hybrid system we jointly designed with HJB, is in compliance with the highest industrial standards and Lloyds approved”, says Martijn Favot, CTO of WhisperPower and leader of the Hybrid project. “Together with a team of high end specialist we worked 2 years to complete the components of the system. The Permanent Magnet alternators and other system components have been in-house designed and outsourced to leading Dutch and German co-makers”, according to Favot. Main features of the WhisperPower Hybrid system: • Electric propulsion during some hours (50 kW, &gt; 5 knots) • Sail management and other hydraulic functions like manoeuvring operate via inverter on the Hy - Store batteries (Lithium ION LiFePO4). Generator is switched off during sailing. Capacity: 2 x 40 kW/ 512 VDC nominal. • The batteries are recharged during sailing (12 kW max), utilizing the 50 kW permanent magnet flywheel integrated electrical alternator/ electrical motor, which is connected to the shaft and CPP propeller. • A new way of power generation is offered by the 50 kW GENVERTER, a variable speed ultra-compact and light weight diesel generator (cont. power 50 kW/ 1200-3600 rpm/ fly wheel integrated AC alternator, based on Steyr 4 Cyl engine). Being extremely quiet and fuel efficient, the GENVERTER switches off when the batteries are re-charged, the DC to AC inverter will take over the power supply automatically. • Extended periods of silent AC power (3 x 400 VAC)/ 230 V/50 Hz) is offered by the DC to AC inverter, connected to the Li ION batteries. • HY- Shore: the yacht's electrical system can be plugged into any shore power connection in the world, disregarding the frequency (50 / 60 Hz) as the system has a build-in frequency converter. Galvanic isolation is taken care of by the integrated WhisperPower +31 (0) 512 571 550 <a href="mailto:info@whisperpower.nl?subject=WhisperPower%20on%20SuperYachtTimes.com">info@whisperpower.nl</a> <a target="_blank" href="http://www.whisperpower.nl">www.whisperpower.nl</a>

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First J-class yacht with WhisperPower hybrid propulsion system launched

For our latest Entrepreneur in Yachting feature, Francesca Webster sits down with her friend Mariangela Oliveri to discuss her luxury linens business <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>. Established in 2011, <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> has evolved into one of the premier sustainable linen companies for the yachting and aviation sectors over the past decade. We explored its inception, the challenges Mariangela faced in establishing a sustainable business before sustainability became a trend, and her conviction that quality and service are the keys to success in the superyacht industry.<img src="https://photo-assets.superyachttimes.com/photo/331994/image/large-c16f54ec63cb14a14d02590c1d28c25c.jpg" data-gid="gid://syiq/Photo/331994">What was the origin of the business and what is your background?&nbsp;Throughout my business degree my goal was to set up a company within the realm of luxury materials so I approached every class during my five year degree as an opportunity to develop the business plan. In fact, the original concept for <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> was the final essay at university, so although the company was founded in 2011, it had really been with me for years before then.&nbsp;After university, I decided that before establishing my own business, I needed to learn how to work within a team and to grow in practical experience. It felt presumptuous to assume I had all the answers without appropriate training, so I joined a company in Asia for five years importing luxury furniture design manufacturers. During that time I learnt how to work with different people, from various backgrounds and cultures and it taught me the skills that you need in order to manage your own team and your own clients. It was an incredible learning experience and gave me the opportunity to work in a varied and complex environment, and after five years I returned to Italy and began the research process for the business. <img src="https://photo-assets.superyachttimes.com/photo/331999/image/large-21757ca123fc9e37a78d60e699868147.jpg" data-gid="gid://syiq/Photo/331999">Why did you decide to focus on high-end, sustainable linens?&nbsp;I’ve always had a deep passion for quality and for me Italian linen is the supreme material with an amazing heritage, however the sustainable approach was not in my original concept. I wanted to offer the lineage of linen with a modern twist, but I didn't yet know what that twist was. I am an observer by nature and when I returned from Asia in 2011 sustainability was beginning to become mainstream, with eco foods in supermarkets for example and the demand was increasing . Sustainability was also becoming a buzz word in the media and I could see that it would only increase in significance, so I decided that founding the business with a truly green heart would set <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> apart from the rest of the market. That is when the struggle really started.At that time it was impossible to find refined sustainable fabrics. Everything on the market was rough and completely unsuitable to luxury linen products. That was a period of frustration and of almost giving up because once I'd set my heart on the sustainable element of the business there was no way that I was going back. It became absolutely central to my belief in the company.<img src="https://photo-assets.superyachttimes.com/photo/331998/image/large-5f21af1057a168c58caf722e89ffeb08.jpg" data-gid="gid://syiq/Photo/331998">How did you overcome that hurdle?I met with the owner of Italy’s largest fabric producer, and after an eight hour meeting managed to convince him to invest in a certified sustainable production line. He said, “If I can't convince you to change your mind about this approach in eight hours, you must be able to see something I haven't seen yet, so we will try it.” That was an amazing moment. Two years later, he had certified the entire production line of the company and had become one of the first sustainable fabric suppliers in Italy.&nbsp;So your investment in creating the business sustainably delayed the foundation of the company – why did it become so important to you?The answer is twofold. The first is ethical, but the second was strategic. I could foresee that sustainability would become an important factor of businesses in the future and fortunately reality has shown that my instinct was right. The decision to create a certified business from the ground up also means that everything we do is done in a sustainable way – our materials, work standards and business practices are routinely reviewed to ensure that we are maintaining the certified standards. When I see companies today launching ‘sustainable lines’ I know that it is greenwashing. You cannot be sustainable in one collection, it is a hypocrisy, either you believe in it and practise it throughout your business, or it is a gimmick to sell your products.&nbsp;What are some of the challenges you’ve faced since establishing the business?Well, aside from the initial challenge of finding the suppliers, we have faced many challenges in the past 13 years. Our first line was a kids bed linens collection because I thought mothers would be sensitive to the sustainability aspect, but it really didn't go as expected. I invested a lot of money and almost went broke. I realised that the market wasn’t ready for the sustainable topic to be the main focus of the business, so I developed the business model focusing on the concept of Italian quality, with an international service approach.&nbsp;Italian’s make wonderful products, and Made in Italy still carries a lot of weight internationally, but Italian companies are not good at marketing, customer service etc. So I decided to focus a lot of investment in our service offering, utilising my international experience to create something different and that is how <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> came to the yachting industry, where quality and service are most recognised.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/332000/image/large-90fdc1caae0a58aa21af956ebab21436.jpg" data-gid="gid://syiq/Photo/332000">When did yachting linens become the focus of the business?In about 2013 we decided to approach the yachting sector, making our first sales in 2014 and pulling the company out of some challenging financial times. Then things progressed quickly because we secured <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> as one of our first clients. In fact when I went to Benetti to pitch our business, they had an array of linen suppliers on show, but by the end of our meeting we had secured our position as the exclusive supplier for the shipyard and that really established our relationship with the yachting sector.&nbsp;What do you think they saw in your products? What set&nbsp;<a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>&nbsp;apart?The quality of every single detail. Every piece that carries our label is checked by hand right down to the stitching because I want my team to be proud of every piece. We will take as long as it takes for it to be perfect and I think that sets us apart from other companies. I have a huge amount of respect for Hermes, which I believe is the only true example of true luxury brand. They continue to make their bags by hand, they aren’t interested in speed or numbers, they are focused on quality and that is my focus for <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>. <img src="https://photo-assets.superyachttimes.com/photo/331993/image/large-f12efeba8de238fae187efa8cfdede06.jpg" data-gid="gid://syiq/Photo/331993">How have you maintained that level of control and what do you think are some of your keys to success?With a lot of saying no. The success of a brand is more in the no’s than the yes’s. We’ve been approached by retailers offering display space, but you will never find <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> products on the shelf, we’ve also been approached to create products for under famous brands. Our know-how is precious to me and we will never supply our products under someone else’s label.The company is also completely self financed, so there are no investors telling me to cut budgets and increase production at the sacrifice of quality. I will make no compromises and that is really important to who we are. I also think that the most important thing when you’re an entrepreneur is that you involve everyone in your dream. From your suppliers, to your employees, you have to make them believe and in order to do that, you have to truly believe in yourself and in what you're doing. You have to be incredibly resilient as well, because it doesn't always go well, there are going to be challenges and in those times that belief is extremely important.&nbsp;This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" target="_blank">available for download here.</a>

Mariangela Oliveri sustainable linens

We sit down with Mariangela Oliveri to discuss her sustainable linens company.

Mariangela Oliveri on sustainable linens, building a business and the meaning of luxury

The owners of <a data-gid="gid://syiq/Company/7878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE15 Brooklyn Marina (Company)">One°15 Brooklyn Marina</a>, situated in Brooklyn Bridge Park, New York City, have applied for Chapter 11 bankruptcy protection in response to overwhelming debt. This is reported by the specialised database ‘<a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>’ which used data from United-States Public Access to Court Electronic Records (PACER). The application, filed on 26 September 2024, encompasses not only the marina but also its associated Estuary restaurant and sailing club, all under the ownership of the same holding entities."We voluntarily filed for Chapter 11 to preserve and protect the assets of the project, allow the necessary time to maximize our value for the benefit of our creditors and are working with numerous interested parties and welcome other parties who may be interested in the project to work towards a sale that will maximize our return to creditors and put the project into good hands to continue the work we have begun," said a <a data-gid="gid://syiq/Company/7878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE15 Brooklyn Marina (Company)">One°15 Brooklyn Marina</a> spokesperson to <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times.</a> <img src="https://photo-assets.superyachttimes.com/photo/331041/image/large-41069672ff930cbb2ceee0128653db8f.jpg" data-gid="gid://syiq/Photo/331041">Situated beside Pier 5 in Brooklyn Bridge Park, the marina serves as a vital hub for water access, accommodating a diverse array of vessels from superyachts up to 91-metres in length to historic boats and small sailboats. It also provides a variety of boating programs including a sailing school, children's activities, and kayaking lessons for the community. The marina is managed by the Singapore-based SUTL Group and owned by SUTL Investments Pte, according to <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>.&nbsp;This decision follows a prolonged period of financial difficulties, which originated from extended delays in construction, and ongoing operational challenges at the marina, reports <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>. "The ONE15 operations team came together through the lengthy build process and subsequent challenges due to COVID," also noted the marina spokesperson.Local media have attributed many of the marina’s structural issues to inherent challenges at its location. Situated at the strategic intersection of New York Bay, the East River, and tidal flows from the Hudson River, the site has consistently posed difficulties for marina operations. Even before the development of Brooklyn Bridge Park, this area was historically known as a problematic location, due to complications with pier construction and the need for effective wave abatement.<img src="https://photo-assets.superyachttimes.com/photo/331042/image/large-36078af544beed36645b734d9c586078.jpg" data-gid="gid://syiq/Photo/331042">By filing for Chapter 11, the owners aim to reorganise their debts while maintaining ongoing operations. <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a> data shows that the court has sanctioned the joint administration of the bankruptcy cases for the marina, the restaurant, and the sailing club, allowing them to continue operating as separate entities. Led by principal Estelle Lau and represented by the law firm Kirby Aisner &amp; Curley, the ownership group seeks to negotiate with creditors and secure a buyer for the marina and its associated enterprises. The entities involved in these proceedings include <a data-gid="gid://syiq/Company/7878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ONE15 Brooklyn Marina (Company)">One°15 Brooklyn Marina</a>, One°15 Restaurant (also known as Estuary), One°15 Sail Club, and One Edge Marina Finance Company, says <a href="https://businessbankruptcies.com/cases/one-edge-marina-finance-company-llc" rel="noopener noreferrer" target="_blank" title="">Business Bankruptcies</a>."We believe that the marina, sail club and food and beverage programs are an important feature of NYC’s waterfront and the challenges we face demonstrate the need for commitment of the community as a whole. But we remain certain that our vision can be achieved and look forward to the next chapter of the project," affirmed the marina to <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a>. "We continue to offer an unparalleled boater experience in NY Harbor and to accept transient boats into the marina. We plan to seek Court approval to facilitate a sale process for the business to transition the project into the best hands to guide this newest addition to New York’s waterfront as seamlessly as possible," concluded the spokesperson.This article was first published on 2 October 2024 and updated on 8 October 2024 with comments from the marina.

ONE°15 Brooklyn Marina files for chapter 11 bankruptcy

The owners of One°15 Brooklyn Marina have applied for Chapter 11 bankruptcy protection in response to overwhelming debt.

ONE°15 Brooklyn Marina files for Chapter 11 bankruptcy

<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> has entered into a strategic partnership with <a data-gid="gid://syiq/Company/1371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="T. Mariotti Spa (Company)">T. Mariotti</a>, a shipyard based in Genova, Italy. <a data-gid="gid://syiq/Company/1371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="T. Mariotti Spa (Company)">T. Mariotti</a> has been involved in the construction of luxury cruise ships and offshore vessels.<img src="https://photo-assets.superyachttimes.com/photo/330741/image/large-a7cfec74f3cb2e6a7ffa8087b6f9ca1d.jpg" data-gid="gid://syiq/Photo/330741">The agreement establishes a partnership between the two Italian luxury shipbuilding companies, paving the way for new large yacht projects that aim to be innovative, sustainable, and constructed to the highest standards of safety and technology.<img src="https://photo-assets.superyachttimes.com/photo/330743/image/large-e2f13a3040b3bd6c4f3115b84556cb96.jpg" data-gid="gid://syiq/Photo/330743">The outcome of this collaboration will include the construction of steel, aluminium, and carbon yachts, measuring up to 180-metres in length. These vessels will be designed in line with the ongoing principles that guide both shipyards' current projects.<img src="https://photo-assets.superyachttimes.com/photo/330739/image/large-8276f51b4aab1482003d2b2a7c4b7c96.jpg" data-gid="gid://syiq/Photo/330739">

Cantieri di Pisa announces partnership with T. Mariotti

Cantieri di Pisa has entered into a strategic partnership with T. Mariotti, a shipyard based in Genova, Italy.

Cantieri di Pisa announces partnership with  T. Mariotti

<a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">YANMAR Marine International (YMI)</a>, a provider of marine propulsion systems for the yachting industry, has announced the appointment of Wouter-Jan van der Wurff as its new CEO, effective from 1 October 2024.<img src="https://photo-assets.superyachttimes.com/photo/330598/image/large-a570a0c8e69e6eabf84f0414eef5b87c.png" data-gid="gid://syiq/Photo/330598">Bringing a wealth of leadership experience in industrial technology and power generation, van der Wurff will oversee <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">YMI</a>'s continued growth and innovation as the company looks to expand its influence within the marine sector.Prior to his new role, van der Wurff served as CEO of the Cable Connectivity Group, where he led the company through a period of significant expansion, including its integration into Infinite Electronics in early 2023.&nbsp;His career also includes prominent leadership positions at General Electric (GE) and INNIO, with responsibilities in gas engine power generation and a focus on up to 2MW systems. Van der Wurff has deep experience in both the naval and commercial marine industries, having held management roles at Thales and GE Power Conversion.<img src="https://photo-assets.superyachttimes.com/photo/295337/image/large-92e3053169a10061684f2e51a6b62819.jpg" data-gid="gid://syiq/Photo/295337">Van der Wurff expressed his enthusiasm for joining <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">YMI</a>, stating: “I am thrilled to be leading a global team dedicated to innovation and shaping the future of the marine industry. YMI’s rich legacy across propulsion solutions and a pioneering focus on sustainability align with my passion for driving new technologies.”In his role as CEO, van der Wurff will continue <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">YMI</a>’s legacy of engineering excellence, while steering the company towards its long-term sustainability strategy, the Green Challenge 2050 initiative. He plans to focus on advancing YMI's offerings in new engine technologies, alternative fuels, and advanced boating systems.“The market presents us with tremendous opportunities,” van der Wurff added. “I am committed to growing <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">YMI</a>’s business while maintaining its reputation for reliability and excellence. Our innovative solutions and strong global service network have positioned us as a market leader, and I’m excited to further build on these strengths with a world-class team.”

YANMAR Marine International appoints Wouter-Jan van der Wurff as new CEO

YANMAR Marine International (YMI)has announced the appointment of Wouter-Jan van der Wurff as its new CEO, effective from 1 October 2024. 

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YANMAR Marine International appoints new CEO Wouter-Jan van der Wurff

The <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a> has announced its intent to acquire <a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)">GYG Limited</a>, a specialist in superyacht painting, services, and supply. The agreement comes after the two companies signed a Heads of Terms agreement, laying the groundwork for the acquisition.<a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)"><img src="https://photo-assets.superyachttimes.com/photo/314272/image/large-1d31efaeb8dfe24779421950bc8745dd.jpg" data-gid="gid://syiq/Photo/314272">GYG Limited</a>, which operates primarily under the brands <a data-gid="gid://syiq/Company/340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinmar (Company)">Pinmar</a>, Pinmar Yacht Supply, and Technocraft, has been a significant player in the superyacht industry. The deal is expected to progress swiftly, with offer documents anticipated to be sent to <a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)">GYG</a>’s shareholders as early as October. This acquisition marks the next chapter in a long-standing relationship between <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> and <a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)">GYG</a>, who have worked together on various refit projects over the past three decades.<img src="https://photo-assets.superyachttimes.com/photo/101725/image/large-6e9e8304da012536bd848f98849b074e.jpg" data-gid="gid://syiq/Photo/101725">The strategic move is part of <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a>’s broader vision to bolster its capabilities in a sector that demands the highest quality of service. With facilities in Barcelona, La Ciotat, and the Red Sea, <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a>’s global presence will provide <a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)">GYG</a> with the platform to expand its business across Europe and the U.S. The acquisition is expected to enhance both companies' market responsiveness and elevate the level of service offered to their clients.<a data-gid="gid://syiq/Company/5540" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GYG Plc (Company)"><img src="https://photo-assets.superyachttimes.com/photo/329224/image/large-3aeaf39a336dbc3d065bf04832d80abf.jpg" data-gid="gid://syiq/Photo/329224">GYG</a> will continue to operate under its established brands, with the integration of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> aiming to strengthen its growth potential, while maintaining its commitment to delivering quality services to customers.

MB92 Group in negotiations to acquire GYG Limited

The MB92 Group has announced its intent to acquire GYG Limited, a specialist in superyacht painting, services, and supply.

MB92 Group in negotiations to acquire yacht paint specialist GYG Limited

German shipyard <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> and <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a> have signed an agreement to collaborate more closely on yacht refit projects. This strategic partnership is aimed at streamlining the overhaul of <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a>’s <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">mtu</a> propulsion systems, which are widely used on many of the yachts built at <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>.<img src="https://photo-assets.superyachttimes.com/photo/329164/image/large-703a218f6ada3dfc0003dc0b82bc9a10.jpg" data-gid="gid://syiq/Photo/329164">The newly signed framework agreement between <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a>’s Power Systems division and <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Yacht Refit &amp; Services seeks to simplify and speed up processes for refit customers. <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> also offers its customers comprehensive refit solutions in the areas of overhaul, modernisation and conversion of yachts up to almost 200-metres long.As yachts undergo scheduled dry dockings or changes in ownership, this collaboration will allow for modernisation and customisation to be completed more efficiently. It also provides an opportunity to integrate cutting-edge technologies that support sustainable yacht operation, addressing the growing demand for eco-conscious refits.“This partnership between two premium suppliers in yacht construction and propulsion enables us to play a key role in the international market and strengthen our focus in the marine business," said Denise Kurtulus, Senior Vice President Global Marine at <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a> Power Systems.<a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a> technicians, together with <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>’s refit specialists, have been working together for years on <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">mtu</a> propulsion systems, which include engines and the <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">mtu</a> NautIQ ship automation system. This new partnership formalises and enhances this cooperation, with shared standards that reduce the time needed for engine overhauls—particularly for the popular <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">mtu</a> Series 4000 engines.<img src="https://photo-assets.superyachttimes.com/photo/329163/image/large-4f8ad67c5b33d37091a547fabf8e9dbb.jpg" data-gid="gid://syiq/Photo/329163">One of the key advantages of this agreement is improved service flexibility. <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> technicians will now receive specialised training to handle certain aspects of mtu engine maintenance according to <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a> specifications, ensuring high standards across all refits. Additionally, faster access to <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce</a> specialists and spare parts will further streamline the refit process, resulting in quicker delivery to yacht owners.York Ilgner, Managing Director of <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Yacht Refit &amp; Services, concluded, "Thanks to the framework agreement, our customers receive the premium service they are used to from <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>."Last week <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Roll-Royce</a> also announced that they have <a data-gid="gid://syiq/Article/61498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce signs agreement with Azimut-Benetti Group for MTU propulsion systems (2024-09-18 12:00:00 +0200)">established a partnership under a four-year framework agreement with the Azimut-Benetti Group</a>. This collaboration will see the integration of mtu diesel engines across <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> yachts and the introduction of advanced mtu propulsion systems specifically tailored for the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande Series.

Lürssen and Rolls-Royce agree to collaborate on yacht refits

German shipyard Lürssen and Rolls-Royce have signed an agreement to collaborate more closely on yacht refit projects.

Lürssen and Rolls-Royce sign agreement to collaborate on yacht refits

<a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a>, a specialist company specialising in smart treasury and FX solutions, has officially launched, with a focus on providing bespoke financial management services for the yachting and luxury asset sectors. <img src="https://photo-assets.superyachttimes.com/photo/328795/image/large-fe2a81fc2bbdbab892f995a97b7b507a.png" data-gid="gid://syiq/Photo/328795">Founded by Edward Majdalany, an industry expert with a background in fintech, <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> aims to transform financial operations for yacht professionals, family offices, and high-net-worth individuals worldwide."My passion for the yachting industry goes beyond the financial management of vessels - it’s about building strong, trustworthy relationships with professionals and owners," explained founder Edward Majdalany. "At <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a>, we deliver bespoke, client-led treasury and FX solutions with an unparalleled level of service.''Leveraging over a decade of experience in the fintech sector, Majdalany previously led a prominent team responsible for managing treasury solutions for more than 1,600 yachts, with assets ranging from 24-metre vessels to over 100-metre superyachts.&nbsp;Under his leadership, billions in annual transactions were handled, giving <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> a foundation of strong industry partnerships and deep insights into the financial needs of yachting professionals. <img src="https://photo-assets.superyachttimes.com/photo/207049/image/large-6efc7a17a9aca28d6b99061af9676bc1.jpg" data-gid="gid://syiq/Photo/207049">Strategic partnerships and tailored solutions<a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> has partnered with Equals Group, a fintech company listed on the AIM market, to offer a comprehensive range of financial services. Through this collaboration with Equals Money, the B2B arm of Equals Group, <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> provides secure, competitive financial products utilising advanced technology and expert support. These solutions are specifically tailored to meet the needs of yacht owners, managers, and other high-end clientele.The company has already made an impact within the yachting community, working behind the scenes with key clients, including a leading yacht management firm. “We chose <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> for their in-depth knowledge of the yachting industry,” explained the COO of the company.“They swiftly set up accounts with virtual cards for one of our clients, who owns a fleet of three yachts, in under a week—while other banks took over two months. We have another client who has just commissioned a new yacht and will be running significant FX through <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> for the purchase, as their rates are far superior to both our group-level banking relationships and the owner’s banking relationships in the US.”<img src="https://photo-assets.superyachttimes.com/photo/209770/image/large-4b321c8a54d9583f4425593c9a55aac4.jpg" data-gid="gid://syiq/Photo/209770">Comprehensive financial services for yachts and luxury assets<a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> offers a full suite of services designed for the unique needs of the yachting industry and luxury assets, including:<ul><li>Platform and named IBAN solutions</li><li>Competitive FX and payments</li><li>Multi-currency, virtual, and debit cards integrated with Apple Pay, Google Pay, and Samsung Pay</li><li>Expense management tools with receipt capturing and annotations</li><li>Zairos Connect, enabling seamless integration with accounting systems and mass payments for expenses such as crew salaries</li></ul>“<a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> consistently delivers quick, efficient service, helping us handle everything from large corporate expenditures to complex currency exchanges. Their rates and response times are always ahead of our global banking partners,’’ added the owner of a 60-metre superyacht and CEO of a major real estate property financing firm with over $2 billion in loans. <img src="https://photo-assets.superyachttimes.com/photo/208213/image/large-1afe5578fb09a7a6df7bf2e733fc1f96.jpg" data-gid="gid://syiq/Photo/208213">Focus on foreign exchange and hedging strategiesWith a specialised focus on foreign exchange, <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> aims to help yacht owners and managers navigate the complexities of cross-currency transactions. The company employs institutional FX rates and advanced hedging strategies to minimise currency risks and ensure maximum value for clients engaged in buying or selling luxury assets across different currencies.James Simcox, Chief Product Officer and Managing Director International at Equals Group, commented on the partnership, saying, "We’re thrilled that <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> has chosen to collaborate with us in delivering secure, efficient, and effective payments and FX services for managers and high-net-worth individuals."<a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> will be attending the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a>, where the company aims to engage with &nbsp;clients and industry professionals to demonstrate how their tailored financial services can support treasury and FX needs within the yachting sector.For more information about <a data-gid="gid://syiq/Company/7869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zairos (Company)">Zairos</a> and its offerings, or to schedule a meeting in Monaco, please contact Edward at <a href="mailto:edward@zairos.com" title="">edward@zairos.com</a>.

Zairos launches financial services for yachting industry

Zairos has launched, offering smart treasury and FX solutions tailored for the yachting and luxury asset industries.

Zairos launches with focus on financial management services for the yachting industry

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has announced the launch of a new brokerage division, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale, aimed at offering <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners the opportunity to sell their yachts with the Dutch shipyard.<img src="https://photo-assets.superyachttimes.com/photo/285554/image/large-ee1e4321b5100826f2f5097767414c53.png" data-gid="gid://syiq/Photo/285554">Historically, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> referred resale requests to trusted brokerage partners, but due to increasing demand from owners, the yard has now established a dedicated service. "At <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, we believe that our relationship with our yachts extends far beyond delivery,” explained Arjen van Elk, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale Manager.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> currently has five yachts available for resale, which include the 37.95-metre <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, the 51-metre <a data-gid="gid://syiq/Yacht/1436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Haven51.0m (167'4&quot;)Feadship1993">Double Haven</a>, the 55.2-metre <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, the 65-metre <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a> and the 83.5-metre superyacht <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a>.“Our unparalleled understanding of these vessels, combined with a lifelong commitment to our owners, positions us uniquely to offer a level of service that no one else can," added van Elk.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)"><img src="https://photo-assets.superyachttimes.com/photo/288759/image/large-f0a59451e7549cc38cedb5bb12758d00.jpg" data-gid="gid://syiq/Photo/288759">Feadship</a> Resale is designed to protect the long-term investments of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners, offering tailored advice based on the history and specifications of each yacht. The new service is not intended to replace the role of brokers, but rather to enhance it by providing access to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s archives, craftsmen, and engineers to support the resale process.&nbsp;“We work hand in hand with the brokerage community, acting as a key partner in ensuring that the best interest of our clients is always at the forefront. Our goal is to ensure a seamless and worry-free ownership experience, even as vessels change hands,” added <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale will build upon the success of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Refit &amp; Services department, introduced in 2018, which aims to ensure the ongoing value and pedigree of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yachts. “<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale is a confident step toward the long-term success and enduring value of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> brand,” concluded <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.During the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a>, private viewings will be available for <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, and <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a>, with Arjen van Elk on hand to arrange appointments.

Feadship introduces Resale for Feadship owners

Feadship has announced the launch of a new initiative, Feadship Resale, aimed at offering Feadship owners the opportunity to resell their yachts.

Feadship announces new brokerage division with 5 yachts listed

Montenegro-based shipyard <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> has announced the appointment of Eric Robert-Peillard as Chief Executive Officer.<img src="https://photo-assets.superyachttimes.com/photo/328549/image/large-60e771e97917682be69b57dcacc79628.jpg" data-gid="gid://syiq/Photo/328549">Eric brings with him a wealth of experience to the role, particularly in the field of superyacht care. Under his leadership, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> aims to elevate its superyacht services by establishing Porto Montenegro as a premier Mediterranean hub for superyacht owners, managers, and captains."It is an honour to lead <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> and this talented team,” commented Eric Robert-Peillard. “With our strong strategy, there are significant future growth opportunities, as we aim to set new industry benchmarks in superyacht care and refit services, driven by our commitment to excellence and quality.”&nbsp;The appointment of Eric Robert-Peillard marks a significant new chapter in the company’s journey towards becoming a leading player in the global yachting industry. <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> currently offers repair and refit services at its joint venture shipyard with PM Holdings and <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World</a> Dubai in Bijela, Montenegro.Read: <a data-gid="gid://syiq/Article/61267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interview: Adriatic 42 gears up for a busy refit season ahead (2024-08-15 14:30:00 +0200)">Adriatic 42 gears up for a busy refit season ahead</a><img src="https://photo-assets.superyachttimes.com/photo/323248/image/large-8674781d282e47b57f23556d9980b65f.jpeg" data-gid="gid://syiq/Photo/323248">This strategic leadership change follows the recent appointment of David Margason as Chairman of <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> earlier this summer.&nbsp;"We welcome Eric to his new role,” added David Margason. “With his strategic vision and collaborative leadership style, Eric will play a crucial role in advancing our mission to establish <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> as the premier superyacht destination in the Mediterranean.”Strategically positioned in the Bay of Kotor, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> is located just three-kilometres from Porto Montenegro’s renowned superyacht marina and waterfront community. Under the new leadership, Adriatic’s dedicated team of 100 employees is set to expand its influence and continue delivering exceptional services with a commitment to sustainability and innovation.“We are entering an exciting phase of growth at <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>, which will further reinforce Montenegro's status as a key global yachting hub. I am confident that Eric's leadership will inspire innovation and uphold our highest quality and safety standards. We anticipate great success under his and David's guidance,” concluded Captain Rado Antolovic, PhD, CEO of <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World</a>.<img src="https://photo-assets.superyachttimes.com/photo/328550/image/large-cfd5eeb3b2bb327fece5bc351cb970bb.jpg" data-gid="gid://syiq/Photo/328550">

Adriatic 42 appoints new CEO Eric Robert-Peillard

Montenegro-based shipyard Adriatic 42 has announced the appointment of Eric Robert-Peillard as Chief Executive Officer.

Adriatic 42 appoints Eric Robert-Peillard as new CEO

<a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, the leading market intelligence platform for the superyacht industry, is pleased to announce that it is once again the official superyacht data and intelligence partner of the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a>.<a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> is used hundreds of times per day by superyacht brokers, builders, designers, suppliers and owners to find and select yachts, research the market, analyse ownership, profile competitors and track yacht movements.<img src="https://photo-assets.superyachttimes.com/photo/328198/image/large-c9e8da7d2b30dd4b883793e19078f15d.png" data-gid="gid://syiq/Photo/328198">“The key to our success is combining tech solutions with manual verification. While you can do a lot with AI and automation, doing proper research on yachts requires people who know where to look and what to do and I am convinced our team is the best in business”, comments Merijn de Waard, Founder of SuperYacht Times.New Yacht DirectoryThe product team of <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> has had a busy start to the year with a complete rebuild of the yacht directory, including a new search system and improved filters, which drastically enhances the speed and usability of the entire system. A big improvement is the mobile experience of the new directory and search function, making it very quick and intuitive to run search queries.&nbsp;New PDF CreatorThe PDF brochure creator was launched within <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> a few years ago to much acclaim and we have been working hard to maximise the creator's efficiency and user experience. Following extensive user research, we’re now building a new creator that enhances the photo quality, branding options and customisation, while still relying on the most accurate yacht database in the world.MYS ReportBesides the partnership with the Monaco Yacht Show, <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SuperYacht iQ</a> also continues to support the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association (SYBAss)</a> with data for their annual economic report. As always, the <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> team has also launched the <a href="https://www.superyachttimes.com/market-reports" rel="noopener noreferrer" target="_blank" title="">Monaco Yacht Show Market Report, which is available for free download from the SuperYacht Times website</a>, and will be available to collect at the SuperYacht Times stand during the show.&nbsp;Visit the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SuperYacht iQ</a> team at the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a> at the SuperYacht Times stand DS97 or request a demo to get started right away.SuperYacht iQ | <a href="mailto:SuperYacht%20iQ,%20the%20leading%20market%20intelligence%20platform%20for%20the%20superyacht%20industry,%20is%20pleased%20to%20announce%20that%20it%20is%20once%20again%20the%20official%20superyacht%20data%20and%20intelligence%20partner%20of%20the%20Monaco%20Yacht%20Show.%20%20%20SuperYacht%20iQ%20is%20used%20hundreds%20of%20times%20per%20day%20by%20superyacht%20brokers,%20builders,%20designers,%20suppliers%20and%20owners%20to%20find%20and%20select%20yachts,%20research%20the%20market,%20analyse%20ownership,%20profile%20competitors%20and%20track%20yacht%20movements.%20%20%20%E2%80%9CThe%20key%20to%20our%20success%20is%20combining%20tech%20solutions%20with%20manual%20verification.%20While%20you%20can%20do%20a%20lot%20with%20AI%20and%20automation,%20doing%20proper%20research%20on%20yachts%20requires%20people%20who%20know%20where%20to%20look%20and%20what%20to%20do%20and%20I%20am%20convinced%20our%20team%20is%20the%20best%20in%20business%E2%80%9D,%20comments%20Merijn%20de%20Waard,%20Founder%20of%20SuperYacht%20Times.%20%20%20New%20Yacht%20Directory%20The%20product%20team%20of%20SuperYacht%20iQ%20has%20had%20a%20busy%20start%20to%20the%20year%20with%20a%20complete%20rebuild%20of%20the%20yacht%20directory,%20including%20a%20new%20search%20system%20and%20improved%20filters,%20which%20drastically%20enhances%20the%20speed%20and%20usability%20of%20the%20entire%20system.%20A%20big%20improvement%20is%20the%20mobile%20experience%20of%20the%20new%20directory%20and%20search%20function,%20making%20it%20very%20quick%20and%20intuitive%20to%20run%20search%20queries.%20%20%20New%20PDF%20Creator%20The%20PDF%20brochure%20creator%20was%20launched%20within%20SuperYacht%20iQ%20a%20few%20years%20ago%20to%20much%20acclaim%20and%20we%20have%20been%20working%20hard%20to%20maximise%20the%20creator's%20efficiency%20and%20user%20experience.%20Following%20extensive%20user%20research,%20we%E2%80%99re%20now%20building%20a%20new%20creator%20that%20enhances%20the%20photo%20quality,%20branding%20options%20and%20customisation,%20while%20still%20relying%20on%20the%20most%20accurate%20yacht%20database%20in%20the%20world.%20%20MYS%20Report%20Besides%20the%20partnership%20with%20the%20Monaco%20Yacht%20Show,%20SuperYacht%20iQ%20also%20continues%20to%20support%20the%20Superyacht%20Builders%20Association%20(SYBAss)%20with%20data%20for%20their%20annual%20economic%20report.%20As%20always,%20the%20SuperYacht%20iQ%20team%20has%20also%20launched%20the%20Monaco%20Yacht%20Show%20Market%20Report,%20which%20is%20available%20for%20free%20download%20from%20the%20SuperYacht%20Times%20website,%20and%20will%20be%20available%20to%20collect%20at%20the%20SuperYacht%20Times%20stand%20during%20the%20show.%20%20%20%20Visit%20the%20SuperYacht%20iQ%20team%20at%20the%20Monaco%20Yacht%20Show%20at%20the%20SuperYacht%20Times%20stand%20DS97%20or%20request%20a%20demo%20to%20get%20started%20right%20away.%20%20%20SuperYacht%20iQ%20%7C%20sales@superyachttimes.com%20#weknow" title="">sales@superyachttimes.com&nbsp;</a> #weknow

SuperYacht iQ Monaco Yacht Show partner

SuperYacht iQ has returned as the official superyacht data and intelligence partner of the Monaco Yacht Show.

SuperYacht iQ returns as the Data and Intelligence Partner to the Monaco Yacht Show

The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> has announced the release of the updated, comprehensive <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l, following its initial launch at last year’s <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>.<img src="https://photo-assets.superyachttimes.com/photo/332126/image/large-873d3f6bc0bc8a25e9cc3cc43b149437.jpg" data-gid="gid://syiq/Photo/332126">Spearheaded by Dickie Bannenberg of <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> and co-created with the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>’s Sustainable Yacht Design Taskforce, the refined Protocol now offers a more detailed, actionable framework aimed at embedding sustainability into yacht design from the outset.The latest edition of the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l covers nine key topics that provide designers with essential sustainability principles, helping them to guide clients towards environmentally responsible decisions when planning new builds. The Protocol stands as a vital tool for achieving a unified industry vision, addressing the environmental impact of yachting with concrete solutions that can be adopted across the sector.<img src="https://photo-assets.superyachttimes.com/photo/332131/image/large-e51cb2c79cda69137e3a681309476924.jpg" data-gid="gid://syiq/Photo/332131">The Designers’ Protocol&nbsp;Launched originally at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show 2023</a>, the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l has evolved into a comprehensive document that underscores the growing importance of sustainability in yachting. The protocol addresses areas such as the Life Cycle Approach, operational profiles, energy efficiency, and key technical details like hotel loads, air conditioning systems, glazing treatments, and hull colour—all crucial for reducing a yacht’s environmental footprint.Read:&nbsp;<a data-gid="gid://syiq/Article/58745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Designers' Protocol unveiled: The next step towards sustainable superyacht design (2023-10-02 12:30:00 +0200)">The Designers' Protocol unveiled: The next step towards sustainable superyacht design</a><img src="https://photo-assets.superyachttimes.com/photo/332129/image/large-6dc6f05b8b1e897016661ba999e4e21c.jpg" data-gid="gid://syiq/Photo/332129"><a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>'s Sustainable Yacht Design Taskforce, in collaboration with major design studios, suppliers, and naval architects, has shaped the document into a standardised guide for designers. This effort aims to ensure sustainability is integrated into every phase of yacht construction.A panel discussion held during the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a> offered insights into the Protocol's development. Moderated by Francesca Webster, Editor in Chief at <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>, the session featured Dan Wupperman, Head of Group Initial Design at <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>; Tanno Weeda, Head of Design at <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>; and Matthew Anzardo, Global Segment Lead at <a data-gid="gid://syiq/Company/7254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AkzoNobel (Company)">AkzoNobel</a>.The panellists highlighted the importance of collective industry effort, noting that sustainable yachting cannot be achieved in isolation. "We need to make clients aware of what is possible in a comprehensive way and move forward accordingly together. Those who don’t join us will be left behind,” said Weeda.<img src="https://photo-assets.superyachttimes.com/photo/332130/image/large-b085238868148d120e0d46622a054c93.jpg" data-gid="gid://syiq/Photo/332130">Key advocates for changeThe Protocol reinforces the pivotal role designers play in shaping the future of yachting. As one of the earliest points of contact for clients, designers have a unique opportunity to influence environmentally responsible decisions. The Protocol equips them with the tools and knowledge to guide clients through the sustainability journey from the very beginning of the design process.“In general, most clients have been engaged by the ideas within the Protocol” added Wupperman. “While some were initially uninterested, once we start demonstrating the benefits and taking them through the process step by step, it opens the door to conversations.”The release of the refined <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l represents a collective commitment across the yachting industry. By uniting suppliers, designers, naval architects, and engineers, the document fosters a shared vision for advancing environmental responsibility. “It’s not one magic bullet – the whole industry must work together to make yachting more sustainable,” said Anzardo.As the yachting industry continues to evolve, the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l serves as an essential resource, ensuring that sustainability is at the core of future yacht projects. Through broad collaboration and innovation, the Protocol offers a clear pathway towards a more environmentally conscious future for the yachting sector.

Designers’ Protocol: Updated version unveiled by Water Revolution Foundation

The Water Revolution Foundation has announced the release of the updated, comprehensive Designers’ Protocol 2024. 

Water Revolution Foundation unveils updated Designers’ Protocol at MYS 2024

Harrison MacManus joined <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">Yachting Partners International (YPI)</a>’s Monaco office as Charter Manager in November 2022, quickly adapting to his role. With eight years of experience as a crew member on superyachts, he brings a fresh perspective focused on consistent growth, inspired by Sir Dave Brailsford’s ‘one percent philosophy.’&nbsp;“We strive for marginal gains of one or two percent, as even small enhancements can lead to significant progress over time,” he explains. INEOS’s recent part-acquisition of Manchester United has inspired MacManus to think more creatively in the department's day-to-day practices. “We can always do better, dig deeper, find more for our clients”This approach has shown promise, with <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> reporting a 30 percent increase in revenue for their fleet of 13 superyachts this year-to-date, compared to 2023. To learn more about <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI’</a>s growth and the unique strategies driving it, we spoke with Charter Manager Harrison MacManus, who attributes this success to bespoke and data-driven client service.<img src="https://photo-assets.superyachttimes.com/photo/331230/image/large-c91f826fd52227fa19a68605d29a8828.jpg" data-gid="gid://syiq/Photo/331230">Boutique and data-driven serviceMacManus notes that the company has undergone substantial changes over the past 18 months, signalling “a new reset in its culture and mentality,” with “a distinct startup mentality emerging.” His aim is to create a boutique experience, especially for larger yacht owners who feel overlooked by bigger firms. “We want to assure clients that they will receive our full attention. Reporting is essential for keeping our clients engaged throughout the entire process. Our primary focus is to consistently deliver value at every stage,” he emphasises.One key shift that has bolstered <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a>’s charter division performance is the increased use of data and artificial intelligence. Beyond strategically enhancing business-to-business inquiries and leveraging AI to identify brokers with clients suited for the yachts they manage, the <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> team also provides data-driven insights on a weekly or monthly basis to the yacht owners they work with.<img src="https://photo-assets.superyachttimes.com/photo/332052/image/large-b990f60f600875572b9909a5854d0e8c.jpg" data-gid="gid://syiq/Photo/332052">“We send market reports and inquiry updates to our clients on a weekly basis, keeping them informed about changes in the industry, price drops and new yachts entering the market,” says MacManus. Upon joining the company, he realised the importance of expanding the reports to all clients, rather than just a select few.“Providing these weekly or monthly updates adds value and demonstrates the service we offer. It’s not just about presenting an offer and a contract; we want to maintain contact and show our interest and care for their yacht. We aim not only to provide a strong revenue stream for our clients but also to share our marketing expertise. Consistent reporting helps clients feel valued and informed,” explains MacManus.<img src="https://photo-assets.superyachttimes.com/photo/332064/image/large-94dfa085b9250823ce94c06a0dc7c228.jpg" data-gid="gid://syiq/Photo/332064">Informed decision making in a tight marketThe reports are semi-tailored, covering inquiries, booking levels, and year-on-year comparisons, while collaborating with marketing to provide insights on trends and yacht promotion. This service also allows MacManus to assess clients’ commercial mindset by prioritising those who view their yachts as revenue assets, while permitting others to opt out of data updates.“This year, charter clients have been particularly price-conscious,” MacManus observes, underlining the need for owners to align their expectations with market realities. While many owners see their yachts as prime investments, <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> focuses on providing accurate market data to facilitate informed decisions. Regular market reports are vital, as MacManus states, “They provide market knowledge and help owners understand when to adjust pricing or negotiate.”<img src="https://photo-assets.superyachttimes.com/photo/332066/image/large-57a93d2356d77113582e7cadca9e4e7a.jpg" data-gid="gid://syiq/Photo/332066">“We have helped our owners become more flexible and commercially oriented, largely due to our regular data updates,” he explains. Rather than suggesting arbitrary price cuts, MacManus stresses the importance of context and credible advice in navigating shifting market conditions. “By offering data and insights based on our historical knowledge, we ensure that our recommendations are informed and relevant,” he adds.Strategic and tailored marketing<a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> has collaborated closely with its marketing team to refresh the fleet’s image, ensuring each vessel remains relevant in the evolving market. This has contributed to <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> charter fleet revenue in the 20 to 35-metre segment surging by 185 percent this year-to-date, compared to 2023. In addition, yachts between 60 to 80 metres and above experienced a 69 percent increase.<img src="https://photo-assets.superyachttimes.com/photo/332065/image/large-6e222907edd116c149efa17f57440543.jpg" data-gid="gid://syiq/Photo/332065">MacManus attributes the notable increase in charter fleet revenue partly to a shift in owner mentality: “Owners are realising the need to reinvest in their products.” He cites a specific case where a yacht transformed its charter performance after adopting a cost-effective wrapping method, allowing significant aesthetic changes at a fraction of the traditional repainting cost.MacManus notes that, “these owner investments have been transformative, with the marketing team playing a crucial role in these improvements.” Indeed, “the previous marketing materials were inadequate for some yachts,” and new imagery to display the yacht’s features has played a crucial role in promoting them, particularly to a younger clientele. <img src="https://photo-assets.superyachttimes.com/photo/332071/image/large-72f2d0be1711627190c08357a00a2253.jpg" data-gid="gid://syiq/Photo/332071">The 35 to 60-metre segment experienced only a modest 10 percent increase, indicating intense competition: “There are simply too many boats in that range, and with more launching, competition will intensify next summer.” This highlights the necessity of a data-driven approach to tailor proactive marketing strategy.Looking Forward“Our fleet consists of only 13 boats, making every new client invaluable,” he adds. Over the past eight to nine months, <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> has refined its marketing strategies, ensuring every lead is pursued vigorously. “We are relentlessly connecting with charter brokers and clients and gauging their interest. You never know what opportunities may arise,” MacManus states. <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> also embraces a “cube mentality,” providing charter management clients with access to in-house sales and yacht management services, and so on.”<img src="https://photo-assets.superyachttimes.com/photo/315923/image/large-a965b13162ae37322bcbc001bba44aa8.jpg" data-gid="gid://syiq/Photo/315923">In an ever-changing, high demand service environment “all of our clients have remained with <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a>, which gives me confidence in our position. Our drive is to deliver, long -term, consistent value to our clients, resulting in long term relationships," he states, emphasising that consistency is key to continued growth. “For next year, our goal is to significantly increase our repeat business, showcasing the quality of experiences we provide. A strong track record of repeat clients demonstrates secure revenue streams for long-term success,” he concludes.

Yachting Partners International boosts charter revenue by 30%

Discover how YPI’s Harrison MacManus drives growth with bespoke service, data insights, and strategic marketing in superyacht charter management.

Early bird tickets for the seventh edition of the <a data-gid="gid://syiq/Event/245" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Crew Awards - 2024 - 7th Edition ">Crew Awards 2024</a>, organised by <a data-gid="gid://syiq/Company/7679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acrew (Company)">ACREW</a> are now available. Set to take place on 16 November 2024 from 18:00 to 01:00 at the Anantara Grand Hotel Krasnapolsky in Amsterdam, the event aims to recognise excellence and dedication in the superyacht industry.<img src="https://photo-assets.superyachttimes.com/photo/313062/image/large-c7de946fff01df7ed1324be089d7e63e.jpeg" data-gid="gid://syiq/Photo/313062">The theme for this year’s event is Crystal Gala, with the dress code of White Elegance promising to bring a sophisticated and stylish atmosphere to the evening. Attendees can expect a night of celebration, honouring the exceptional efforts of superyacht crew members, alongside networking opportunities with industry leaders and peers in one of Amsterdam’s most iconic venues.With 15 exciting categories, the judging panel, composed of former and current senior superyacht captains and industry professionals, have carefully assessed the nominees to ensure that excellence is duly acknowledged.The categories aim to encompass a diverse range of aspects within the superyacht crew industry, recognising excellence in various roles and responsibilities, from deckhands and engineers to chefs and stewardesses, ensuring that every individual's contribution is valued and celebrated.<img src="https://photo-assets.superyachttimes.com/photo/310143/image/large-d76252af6d32bb209a2c2753678757a2.jpg" data-gid="gid://syiq/Photo/310143">The 15 categories include:<ul><li>The Best Captain Master Unlimited- Sponsored by <a data-gid="gid://syiq/Company/3814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YPI CREW (Company)">YPI CREW</a></li><li>The Best Captain Master 3000GT- Sponsored by Nautica Assistance</li><li>The Best Captain Master 500GT- Sponsored by <a data-gid="gid://syiq/Company/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Casa de Campo (Company)">Marina Casa de Campo</a></li><li>The Best First Officer Crew- Sponsored by <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright</a></li><li>The Best Engineer &amp; ETO Crew- Sponsored by <a data-gid="gid://syiq/Company/5491" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OmniAccess S.L. (Company)">OmniAccess</a></li><li>The Best Chief Stew/Purser- Sponsored by Sea Emporium</li><li>The Best Social Influencer- Sponsored by <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a></li><li>The Environmental &amp; Sustainability- Sponsored by <a data-gid="gid://syiq/Company/2719" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boero YachtCoatings (Company)">Boero YachtCoatings</a></li><li>The Best Chef- Sponsored by Gourmet Deliveries</li><li>Best Lead Deckhand/Bosun- GMC Yachting</li><li>Best Deckhand</li><li>Health &amp; Wellness</li><li>The Best Stew- Sponsored by Seably Mintra</li><li>Lifetime Achievement- Sponsored by <a data-gid="gid://syiq/Company/7352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zijlstra Interiors (Company)">Zijlstra Interiors</a></li><li>Best Superyacht- Sponsored by <a data-gid="gid://syiq/Company/4475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ATPI Yacht Logistics (Company)">ATPI Yacht Logistics</a></li></ul>“This prestigious event promises a night of glamour and recognition, where the best of the best will be applauded for their hard work and commitment,” explained <a data-gid="gid://syiq/Company/7679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acrew (Company)">ACREW</a>.<img src="https://photo-assets.superyachttimes.com/photo/310145/image/large-05f7a63b44c53d9e47d69a6c10da1727.png" data-gid="gid://syiq/Photo/310145">As well as this, the event includes many sponsors from prestigious brands and companies such as <a data-gid="gid://syiq/Company/4048" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Liquid Yacht Wear (Company)">Liquid Yacht Wear</a>, <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a>, GF Entertainment, <a data-gid="gid://syiq/Company/834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Döhle Yachts (Company)">Döhle Yachts</a> and Howden Group, TridentTrust, Floatist, Colin Squire Publishing and official media sponsor <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>.

ACREW Crew Awards 2024 tickets now available!

Early bird tickets for the seventh edition of the Crew Awards 2024, organised by ACREW are now available.

ACREW Crew Awards 2024: Tickets now available!

The 29.1-metre <a data-gid="gid://syiq/Yacht/9007" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo SL96/73429.1m (95'6&quot;)Sanlorenzo2020">Sanlorenzo SL96/734</a> motor yacht has entered the market with <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>. <img src="https://photo-assets.superyachttimes.com/photo/332073/image/large-04420906ba7596df29ed34d199eb245f.jpg" data-gid="gid://syiq/Photo/332073">Delivered by her Italian shipyard in 2020 as part of their <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SL96 Asymmetric line, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, interiors by <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Studio Laura Sessa</a>, and naval architecture crafted in-house by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.<img src="https://photo-assets.superyachttimes.com/photo/332057/image/large-d8267dac635ac4a3567dd86299f6f690.jpg" data-gid="gid://syiq/Photo/332057"><img src="https://photo-assets.superyachttimes.com/photo/332047/image/large-e8a3196827f7655399c2480deea14d60.jpg" data-gid="gid://syiq/Photo/332047"><img src="https://photo-assets.superyachttimes.com/photo/332055/image/large-8d43075d0da855b9bfce5e6e491f145e.jpg" data-gid="gid://syiq/Photo/332055">With a volume of 100 GT and a beam of 6.79-metres, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo-sl96-734/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Sanlorenzo SL96/734 for sale</a> ensures plenty of room for those onboard to enjoy. Each stateroom is decked out with expansive windows for natural light, along with state of the art entertainment systems to keep guests comfortable during their stay.<img src="https://photo-assets.superyachttimes.com/photo/332050/image/large-4dd491628593422573331779099b8c44.jpg" data-gid="gid://syiq/Photo/332050"> <img src="https://photo-assets.superyachttimes.com/photo/332012/image/large-542fe4d52765e3a94162c39fdd36b386.jpg" data-gid="gid://syiq/Photo/332012"><img src="https://photo-assets.superyachttimes.com/photo/332014/image/large-ba1c19da988407b9afb7cc1d077f8f7c.jpg" data-gid="gid://syiq/Photo/332014">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale’</a>s modern interiors marry dark furnishings and walls with pale-coloured furnishings and detailing for a glamorous ambiance throughout.<img src="https://photo-assets.superyachttimes.com/photo/332058/image/large-779ece42156fe23fd8cdf0cd19856f3b.jpg" data-gid="gid://syiq/Photo/332058"> <img src="https://photo-assets.superyachttimes.com/photo/332015/image/large-90481423d2356e00e56acad94d5da437.jpg" data-gid="gid://syiq/Photo/332015"><img src="https://photo-assets.superyachttimes.com/photo/332016/image/large-307a734629bb0f2d013a403f18384aba.jpg" data-gid="gid://syiq/Photo/332016">When it comes to outside forms of entertainment, those onboard are invited to host alfresco meals in either the shade or sunshine, and socialise on plush outdoor seating arrangements with pops of eye-catching red colour.<img src="https://photo-assets.superyachttimes.com/photo/332021/image/large-50acde7bfd481a27a38305a718832db7.jpg" data-gid="gid://syiq/Photo/332021"><img src="https://photo-assets.superyachttimes.com/photo/332026/image/large-2b1d3870ae00146ff31f12421c8ba8bd.jpg" data-gid="gid://syiq/Photo/332026"><img src="https://photo-assets.superyachttimes.com/photo/332027/image/large-a6f95a87d9b3d7b3ba33114381a660c3.jpg" data-gid="gid://syiq/Photo/332027">In terms of her performance, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo/for-sale" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yacht for sale</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 that propel her to a cruising speed of 26 knots and a top speed of 28 knots. <img src="https://photo-assets.superyachttimes.com/photo/332031/image/large-64392a20c4dd90f142515e5875d2bdd5.jpg" data-gid="gid://syiq/Photo/332031"><img src="https://photo-assets.superyachttimes.com/photo/332029/image/large-48c3b4434bd197e3f1cd7a3935d149c4.jpg" data-gid="gid://syiq/Photo/332029">

29m Sanlorenzo SL96/734 yacht for sale 

The 29.1-metre Sanlorenzo SL96/734 motor yacht has entered the market with Simpson Marine. 


The brand-new 23.99-metre Wally motor yacht <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> sold in a deal with Michele Lecce of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">Next Yachting</a> introducing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/332069/image/large-a8a7c024f129f2a60c3e2edd16d6b5e4.jpg" data-gid="gid://syiq/Photo/332069">Delivered in 2024 as the third hull in the wallywhy150 yacht series, <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> is constructed with a GRP hull and superstructure, with exterior design and naval architecture penned by her builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>. <img src="https://photo-assets.superyachttimes.com/photo/332068/image/large-220e576f0fb2bfd8745a8244468f85b8.jpg" data-gid="gid://syiq/Photo/332068">Characterised by an internal volume of 150 GT, the main saloon of <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> benefits from floor-to-ceiling windows, which illuminate her lounge and dining area. Her 2.5-metre ceiling height and flush decking also allow the saloon to merge seamlessly with her cockpit.<a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024"><img src="https://photo-assets.superyachttimes.com/photo/233571/image/large-f4a10353012d87bcea2a112e2b8faa33.jpg" data-gid="gid://syiq/Photo/233571">Didi</a> offers accommodation for up to eight guests across a four stateroom configuration, consisting of a full-beam forward-facing master suite on the upper deck with 270-degree views, while two doubles and a twin are situated on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/332067/image/large-48c7eb3cd0d6d6eb13a413c4ae1a17bb.jpg" data-gid="gid://syiq/Photo/332067"><img src="https://photo-assets.superyachttimes.com/photo/332070/image/large-b02579903ae53f17e718b4a63b1baf29.jpg" data-gid="gid://syiq/Photo/332070">In terms of performance, <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> IPS1350 engines, providing her with a top speed of 23 knots and a comfortable cruising speed of 21 knots. <img src="https://photo-assets.superyachttimes.com/photo/327279/image/large-59781695e377b9d1302e094c3efaec2c.jpg" data-gid="gid://syiq/Photo/327279">

24m Wally motor yacht Didi sold

The 23.99-metre Wally motor yacht Didi sold in a deal with Michele Lecce of Next Yachting introducing the buyer.

Brand-new 24m wallywhy150 motor yacht Didi sold

The 25.91-metre <a data-gid="gid://syiq/Company/670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hodgdon Yachts (Company)">Hodgdon</a> motor yacht <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> is on the market with Jason Duggan of <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">Yachting Partners International</a>. <img src="https://photo-assets.superyachttimes.com/photo/223078/image/large-a53d2b819726111615c1c68711ab2157.jpg" data-gid="gid://syiq/Photo/223078">Delivered in 2013 and having undergone a refit in 2016, <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> features exterior design by <a data-gid="gid://syiq/Company/146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald L. Blount & Associates (Company)">Donald Blount</a> and <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a>, and interiors penned by <a data-gid="gid://syiq/Company/4404" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Whiteley Design (Company)">Mark Whiteley Design</a>. The <a href="https://www.superyachttimes.com/yachts/valyra/for-sale" rel="noopener noreferrer" target="_blank" title="">Valyra yacht for sale</a> was constructed entirely from carbon fibre by the <a data-gid="gid://syiq/Company/670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hodgdon Yachts (Company)">Hodgdon Shipyard</a> at their Boothbay Facility in Maine. <img src="https://photo-assets.superyachttimes.com/photo/223080/image/large-a7b735f13af45cb94cff814945b0bfd7.jpg" data-gid="gid://syiq/Photo/223080"><a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a>’s major 2016 refit was carried out by her original shipyard, and the sport boat yacht has been under a maintenance agreement with <a data-gid="gid://syiq/Company/243" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich Shipyards (Company)">Rybovich Shipyards</a> in the years that followed, leaving her in stellar condition. <img src="https://photo-assets.superyachttimes.com/photo/223016/image/large-6b43fbd25ffe3db6147940dd475424c1.png" data-gid="gid://syiq/Photo/223016"><img src="https://photo-assets.superyachttimes.com/photo/223030/image/large-1b01f1ca500ee3fb24fee6d6c46acfd4.jpg" data-gid="gid://syiq/Photo/223030">With a volume of 63 GT and a beam of five-metres, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is capable of hosting as many as four guests across a two stateroom layout, while accommodation is also available for two crew members. <img src="https://photo-assets.superyachttimes.com/photo/223097/image/large-d493dc87d3a0f0d5bf1b13e436fc3c7a.jpeg" data-gid="gid://syiq/Photo/223097"><img src="https://photo-assets.superyachttimes.com/photo/223085/image/large-a61c0258df07fe64e3835ebd32a4f3cc.jpeg" data-gid="gid://syiq/Photo/223085"><img src="https://photo-assets.superyachttimes.com/photo/223087/image/large-71f74554066057e3732661ad0596d872.jpeg" data-gid="gid://syiq/Photo/223087">Throughout her opulent interiors, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> exhibits a largely neutral colour palette composed of brown, white, grey, and beige, for a timeless and chic aesthetic. Outdoors, guests are able to recline on soft sunpads, dine alfresco in the sunlight or shade, or take a plunge in the surrounding ocean via the swim platform. <img src="https://photo-assets.superyachttimes.com/photo/223022/image/large-d43e233b998eea0a17bb79c6f5b3a9fe.png" data-gid="gid://syiq/Photo/223022"><img src="https://photo-assets.superyachttimes.com/photo/223034/image/large-ba3955a21555e3d4ebeb1e1cbc1358bb.jpg" data-gid="gid://syiq/Photo/223034"><img src="https://photo-assets.superyachttimes.com/photo/223066/image/large-88a52ed10d5c05873b6d751e41e2c1ec.jpg" data-gid="gid://syiq/Photo/223066">The <a href="https://www.superyachttimes.com/yachts/hodgdon/for-sale" rel="noopener noreferrer" target="_blank" title="">Hodgdon yacht for sale</a> is fitted with a <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">SeaKeeper</a> Zero Speed Stabiliser for a comfortable onboard experience. Performance-wise, <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> is powered by triple <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines and two Kamewa waterjets and a central booster that propel her to a swift top speed of 58 knots and a cruising speed of 37 knots. <img src="https://photo-assets.superyachttimes.com/photo/223072/image/large-50df0b4100df91c75a53f8a2173948fa.jpg" data-gid="gid://syiq/Photo/223072">

26m Hodgon yacht Valyra for sale 

The 25.91-metre Hodgon motor yacht Valyra is on the market with Jason Duggan of Yachting Partners International. 

26m Hodgon sport boat yacht Valyra on the market 

The 58.83-metre expedition yacht <a data-gid="gid://syiq/Yacht/697" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seawolf58.83m (193'0&quot;)J. & K. Smits Scheepswerven N.V.1957">Seawolf</a> has been relaunched following an extensive two-year refit at Falmouth shipyard <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a>. The converted tug, which was originally built in 1957 by <a data-gid="gid://syiq/Company/20" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="J. & K. Smits Scheepswerven N.V. (Company)">J. &amp; K. Smits Scheepswerven N.V.</a> and converted in 2002 into a luxury yacht, arrived at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> in March 2022. She has been spotted during sea trials in Falmouth Harbour.<img src="https://photo-assets.superyachttimes.com/photo/331622/image/large-c27c3a4908499fb4fa178e4144c17239.jpg" data-gid="gid://syiq/Photo/331622">Originally featuring a design by <a data-gid="gid://syiq/Company/578" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DBR Huisman (Company)">DBR Huisman</a> who penned the lines and interiors of her four-year conversion in 2002, the yacht's rebuild and new design has been kept tightly under-wraps with few details about the work unveiled. In 2022, her owner shared that the extensive programme of works would include new guests and crew interiors, modifications to her exterior styling, engineering and mechanical works and a full repaint of her hull and superstructure.Currently able to accommodate 12 guests between six staterooms, she features one luxurious master suite, one VIP suite, two doubles and two twin staterooms. Over recent years, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> has built a solid reputation within the refit sector and has recently completed the restoration of yachts such as 58.8-metres <a data-gid="gid://syiq/Yacht/534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marala58.8m (192'11&quot;)Camper & Nicholsons Shipyard1931">Marala</a> and more recently, the 68.8-metre conversion yacht <a data-gid="gid://syiq/Yacht/3535" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jester68.8m (225'9&quot;)OY Laivateollisuus1972">Jester</a>.&nbsp;To find out more about the yacht's original conversion, <a href="https://www.superyachttimes.com/yacht-news/motor-yacht-seawolf-conversion-story" rel="noopener noreferrer" target="_blank" title="">read our feature article from 2019</a>.

59m yacht Seawolf relaunched

The 59m expedition yacht Seawolf has been relaunched following a refit at Pendennis. 

59m expedition yacht Seawolf relaunched following two-year refit at Pendennis

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has officially announced the addition of two new shareholders, the Italian investment company Holding Carisma led by Giovanni Cagnoli, and an unnamed Italian family of entrepreneurs. The new partners enter the company’s shareholding structure with 30% of shares, acquired in varying proportions from the existing shareholders, through a company set up for the purpose. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere della Marche</a>'s majority stakeholder remains Fil Bros, a company run by Tom Schröder, the owner of the 44.33-metre <a data-gid="gid://syiq/Yacht/10470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lt. Pete Maverick Mitchell44.33m (145'5&quot;)Cantiere delle Marche (CdM)2024">Maverick</a>, which made her debut in <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes</a> this year. <img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">“The addition of these new extremely qualified partners to our shareholding structure makes us proud as it reflects their trust and appreciation for <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>’s history and its ability to constantly adapt successfully to an ever-changing luxury market’s environment. We are confident that the entry of these new partners will enhance our stability, our propulsive strength towards the future and provide valuable expertise in the luxury sector,” say Ennio Cecchini and Vasco Buonpensiere, co-founders and respectively President and CEO of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>.<img src="https://photo-assets.superyachttimes.com/photo/294457/image/large-9e3df3a986fd99eda28eb55f18e2bbda.jpg" data-gid="gid://syiq/Photo/294457">“Our new shareholders will be definitely a great support to our expected growth in the coming years, as they have already had the opportunity to prove to us: we can surely say that since the first days of our business talks, there has been no doubt about the potential of this synergy!” Adds Ennio Cecchini and Vasco Buonpensiere, “this is just another step into a more articulated and structured project that will position <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> more firmly at the pinnacle of the luxury yacht industry, following a precise long-term strategy.”“We are proud to support <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>’s management and Fil Bros in &nbsp;the development of the company with all our expertise and know-how,” says Giovanni Cagnoli, President of Carisma. “Carisma aims to contribute to the growth of Italian excellence in the luxury sector, and <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> is one of these outstanding examples, specifically in the luxury yacht industry that, undeniably, represents the pinnacle of luxury itself. We believe that there are further growth opportunities and potential for the affirmation of this brand, which is becoming increasingly appreciated and recognised.”“Actually, we were not looking for partners, but when two entities of this caliber expressed interest in becoming part of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, we had no choice but to seriously consider their proposal. After just a few exchanges of ideas about possible strategies and synergies, it became clear that this new partnership would become a more than solid pillar to support the growth and development of our shipyard into the luxury market for the many years to come” concludes Tom Schröder, <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>’s majority shareholder.

CdM welcomes new stakeholders

The Italian shipyard Cantiere delle Marche has announced two new shareholders.

CdM announces new shareholders with 30% stake

<img src="https://photo-assets.superyachttimes.com/photo/331990/image/large-2ed6903ef30e52ba7e31a2f8115a707b.jpg" data-gid="gid://syiq/Photo/331990">Seen here cruising the River Thames in the United Kingdom, two weeks ago, is the 49.38-metre converted yacht <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a>. Originally built in 1970 as an ocean-going rescue tug, <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a> was converted into an expedition yacht in 2001 by <a data-gid="gid://syiq/Company/1070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northport Engineering (Company)">Northport Engineering</a> in New Zealand. In 2019, she underwent a major refit by French studio <a data-gid="gid://syiq/Company/7008" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charles Zana (Company)">Charles Zana</a>, which gave her interior a modern yet classic feel. The refit included the addition of a spa pool on the top deck, new paint and a sun deck capable of landing a five-tonne helicopter. The 699 GT yacht boasts exterior design by <a data-gid="gid://syiq/Company/45" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pieter Beeldsnijder Design (Company)">Pieter Beeldsnijder Design</a> and naval architecture by her original builders. Inside, her bright interior benefits from large windows, while the aft saloon doubles as a library and movie room. Designed to navigate extreme environments, including polar regions, <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a> is powered by a single <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engine, allowing her to cruise comfortably at 11 knots with a top speed of 14 knots.

49m converted yacht Asteria leaving London

The 49m converted yacht Asteria, built by Anastassiades & Tsortanides in 1970, is seen in Gravesend, leaving London, United Kingdom. 