The Emirates-based shipyard <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft&nbsp;</a>has announced that Gregory Yeakle will be stepping down as the company’s CEO after being <a href="https://www.superyachttimes.com/yacht-news/gulf-craft-appoints-new-ceo-gregory-yeakle" rel="noopener noreferrer" target="_blank" title="">appointed in June last year.</a><img src="/uploads/store/photo/36622/image/large-d60124ec09dd3beeb4cf986208dd7605.jpg" data-gid="gid://syiq/Photo/36622">Forming part of the company's growth and development plan and ongoing restructuring, current Chairman Mohammed Hussein Alshaali will now assume the role of Executive Chairman. Further announcements are expected from the shipyard over the upcoming months. <img src="/uploads/store/photo/85231/image/large-bcc42832a0ebe895a1b47db0acdc7807.jpeg" data-gid="gid://syiq/Photo/85231">The shipyard commented,"Gulf Craft’s Board of Directors along with its workforce passes its appreciation to Gregory Yeakle for the contribution he has put into the shipyard, wishing him the very best in his future endeavours."<img src="/uploads/store/photo/84236/image/large-cca51a25115e1eb86e2c91e4212e7949.jpg" data-gid="gid://syiq/Photo/84236">In other news from the shipyard, the seventh 32-metre Majesty 100 was<a href="https://www.superyachttimes.com/yacht-news/majesty-100-superyacht-delivered" rel="noopener noreferrer" target="_blank" title="">&nbsp;delivered and renamed</a><a data-gid="gid://syiq/Yacht/7531" href="https://sya.superyachttimes.com/news#managed-by-system">&nbsp;Piterland II</a>&nbsp;earlier this month.<img src="/uploads/store/photo/85230/image/large-ca08bb4312093c945781ed01b3c9d27f.jpg" data-gid="gid://syiq/Photo/85230">In addition, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft'</a>s biggest yacht yet, the 53-metre speculation build Majesty 175 is <a href="https://www.superyachttimes.com/yacht-news/majesty-175-yacht-in-build" rel="noopener noreferrer" target="_blank" title="">currently taking shape</a> and is available for <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">sale&nbsp;</a>with <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>, with the yard aiming to sell her by the end of the year.

Gregory Yeakle steps down as Gulf Craft CEO 

Gregory Yeakle 

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Piterland II yacht

Gulf Craft shipyard

Mohammed Hussein Al Shaali

UAE-based yard Gulf Craft has announced that its CEO, Gregory Yeakle has stepped down. See more on SYT.

Gulf Craft CEO Gregory Yeakle steps down

<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

<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> has announced that it has signed an executive sales representation agreement with IYC. Under this new partnership agreement, <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> will become <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> global sales representative. <img src="https://photo-assets.superyachttimes.com/photo/281311/image/large-b20ff69377535949335555e18ea62352.jpg" data-gid="gid://syiq/Photo/281311">“<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> has chosen <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> to be its sales force based on the relationship that has been developed over the past year with brokers Richard Gray and Matthew Stone,” explained <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>.<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a>’s sales representation will be headed by <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representatives Richard Gray in London, UK and Matthew Stone in Fort Lauderdale, Florida, USA. The partnership will also see <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> brokers globally represent and support the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> business, with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> providing sales advertising, sales promotion and marketing materials for the Moonen brand.“<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC’</a>s global reach, experience in the superyacht market and knowledge and appreciation of the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> brand were critical elements underscoring the strategy to work together,” commented Matthew and Louise Baxter, the owners of <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/281312/image/large-fd91f2750cbc519d1aa9e65c9e2fce66.jpg" data-gid="gid://syiq/Photo/281312">With over 40 years of expertise in yacht construction, <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> have delivered over 80 yachts worldwide, including renowned classics such as the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 84 and <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> 97, as well as the newer <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> Martinique model."<a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> is known for delivering only the highest-quality vessels; a testament to the manufacturer's philosophy, generational workforce, and legacy,” concluded <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> Managing Partner California, Matthew Stone. “Matthew and Louise Baxter believe in their product and people and are not afraid to take calculated risks to ensure the company's success.”“We are extremely proud to announce a landmark strategic sales representation between <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> and <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>, marking a pivotal moment in our companies' histories,” added <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>’s Head of Sales UK, Richard Gray.“Together, we will enhance the sales efforts of the shipyard, ensuring that both clients and brokers receive exceptional support throughout every stage of their <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> experience.”

Moonen Yachts signs exclusive global sales agreement with IYC

Moonen Yachts has announced that it has signed an executive sales representation agreement with IYC.

Moonen Yachts signs exclusive global sales representation agreement with IYC

The <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">International Superyacht Society</a> (ISS), has announced the launch of the <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> Talent Pledge, to tackle the growing skills gap within the superyacht industry. It aims to do so by encouraging members to share knowledge, open doors, and provide opportunities for the next generation of professionals.<img src="https://photo-assets.superyachttimes.com/photo/326885/image/large-c8bc6b91d089c7871c339e0e78fedc9f.jpg" data-gid="gid://syiq/Photo/326885"><a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> President Erin Ackor stated, “Together, we have the power to address this critical challenge. By uniting our efforts, we can make a lasting impact on the future of our industry. We encourage all our members to take the first step today by signing our Talent Pledge.”The&nbsp;<a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a>&nbsp;Talent Pledge CommitmentEach company that signs the pledge agrees to support the development of young talent within its organisation by implementing one or more of the following actions:Engage: Collective action to cocreate talent<ul><li>Actively participate in existing programs such as ‘Junior Achievement’s Sea the World’ or the programs offered by the Marine Industries Association of South Florida (MIASF or equivalent organisations).</li><li>Speak at local schools or universities about opportunities in the superyacht sector.</li><li>Create webinars promoting industry careers to reach a wider audience.</li></ul>Quality job opportunities for new talent&nbsp;<ul><li>Create job openings at all levels within their company.</li><li>Develop strategies that enable less experienced team members to learn from more seasoned professionals.</li></ul>Work-based learning<ul><li>Offer internships or apprenticeships in the field.</li><li>Build a Continuous Professional Development Program to educate new team members at all levels within the organisation.</li><li>Invite outside speakers to talk to their team.</li><li>Allocate a budget to enable promising new talent to attend conferences and shows.</li></ul>Career paths<ul><li>Implement career paths to encourage longevity within the industry.</li><li>Start a mentoring program.</li><li>Support crew members with transferable skill development for movement ashore and ensure crew onboard are aware of opportunities.</li></ul>“With the Talent Pledge, we aimed to encourage superyacht companies around the globe to attract and retain new talent in our industry," emphasised Abi McGrath, Chair of the <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> Talent Pledge.

International Superyacht Society launches Talent Pledge

The International Superyacht Society (ISS), has announced the launch of the ISS Talent Pledge.

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

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

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

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

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

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

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

Saudi Red Sea Authority issues first yacht regulations

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

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

Sanlorenzo reports H1 financial report

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

Sanlorenzo reports 11.6% increase in group net profit for H1

Yachts at anchor at Monaco Yacht Show

SuperYacht Times take a look at the yachts attending the Monaco Yacht Show 2024 at anchor 

Yachts at anchor during Monaco Yacht Show 2024

Designer Christian Leyk of <a data-gid="gid://syiq/Company/6643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coquine![design] (Company)">coquine![design]</a> has unveiled the renderings of the 60-metre superyacht concept Hippolyta. <img src="https://photo-assets.superyachttimes.com/photo/329026/image/large-4e2c7788eba90a5fa084acf2c0aaeb51.jpg" data-gid="gid://syiq/Photo/329026">This innovative project is the result of a pioneering collaboration between exterior design studio <a data-gid="gid://syiq/Company/6643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coquine![design] (Company)">coquine![design]</a> and interior design studios <a data-gid="gid://syiq/Company/7451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acoya Design House (Company)">acoya design house</a> and KOJA. Together, they have crafted Hippolyta, which aims to harmoniously blend timeless aesthetics, with cutting-edge technology and sustainability.<img src="https://photo-assets.superyachttimes.com/photo/329025/image/large-1a9255ac26dcbff61945d7faa878997f.jpg" data-gid="gid://syiq/Photo/329025">The name Hippolyta translates as 'she who unleashes the horses', deriving from two Greek roots meaning horse and let loose. This element has been incorporating into her design with a horse motif added to her superstructure.<img src="https://photo-assets.superyachttimes.com/photo/329034/image/large-09e99036e10c28691f58dbfd0c8df2c3.jpg" data-gid="gid://syiq/Photo/329034"> “Hippolyta’s design was never intended to be retro,” explained designer Christian Leyk. “We wanted to design a yacht that embodies the spirit of a particular era without directly replicating historical styles. Many of the yachts now considered timeless were, at the time of their creation, forward-looking in their design. We aimed to do the same by blending classic lines with contemporary flair.”<img src="https://photo-assets.superyachttimes.com/photo/329027/image/large-e2f2fb6f9f66b4a9ef318727ca7842b1.jpg" data-gid="gid://syiq/Photo/329027"><img src="https://photo-assets.superyachttimes.com/photo/329028/image/large-1debc17362f954082893646d6307bdb4.jpg" data-gid="gid://syiq/Photo/329028">Spanning four decks, Hippolyta features a steel hull and aluminium superstructure and presents an exquisite blend of understated luxury and Scandinavian minimalism. Her interior design, led by Anja Carlsson of <a data-gid="gid://syiq/Company/7451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acoya Design House (Company)">acoya design house</a> and Natalie Fogelström of KOJA Design, incorporates premium, eco-friendly materials such as responsibly sourced teak, mahogany, and recycled metals, underscoring the team’s commitment to sustainability.<img src="https://photo-assets.superyachttimes.com/photo/329042/image/large-b4ea8a14c9072e56844c27f82262a46e.jpg" data-gid="gid://syiq/Photo/329042">“Hippolyta’s interiors have been crafted with a focus on creating spaces that are timeless yet functional, marrying elegance and comfort in a way that endures through the years,” commented designer Anja Carlsson of <a data-gid="gid://syiq/Company/7451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acoya Design House (Company)">acoya design house</a>. <img src="https://photo-assets.superyachttimes.com/photo/329044/image/large-deb905e79eca186cc59c74d58a4debc8.jpg" data-gid="gid://syiq/Photo/329044">“Our goal was to ensure that every detail in the yacht’s design contributes to an overall sense of balance, sophistication, and timeless beauty,” added Natalie Fogelström of KOJA Design. “Elegance, to us, is not about excess, but about selecting elements that complement each other in form, function, and proportion.”<img src="https://photo-assets.superyachttimes.com/photo/329040/image/large-f533e31b1d08d88a2e9ee575f4b10174.jpg" data-gid="gid://syiq/Photo/329040">Hippolyta can accommodate up to 10 guests across a luxurious owner’s suite and four additional guest staterooms, alongside a crew of 16. One of the highlights is her spacious aft lounge and formal dining area on the main deck, which flows seamlessly into the beach club’s pool and lounge area through vintage-shaped panoramic windows.<img src="https://photo-assets.superyachttimes.com/photo/329031/image/large-bc3bdd150f1929d27453aad891f611ab.jpg" data-gid="gid://syiq/Photo/329031"><img src="https://photo-assets.superyachttimes.com/photo/329037/image/large-392af024337444670b289a76975f0c8c.jpg" data-gid="gid://syiq/Photo/329037"><img src="https://photo-assets.superyachttimes.com/photo/329036/image/large-c8ef9ee390f09f1a8e9c892c9b357286.jpg" data-gid="gid://syiq/Photo/329036">Her sun deck offers an array of entertainment options including a Jacuzzi, while an indoor lounge and bar area provides the perfect setting for relaxed evenings with unobstructed views of the sea. Hippolyta also boasts a wellness area and ample storage for tenders, Jet Skis, and other water toys.<img src="https://photo-assets.superyachttimes.com/photo/329032/image/large-8300f513712bd073be0d08299a0bbe5d.jpg" data-gid="gid://syiq/Photo/329032"><img src="https://photo-assets.superyachttimes.com/photo/329039/image/large-9a40f5ddf5ba65b6e4d310bf58e0ade5.jpg" data-gid="gid://syiq/Photo/329039"><img src="https://photo-assets.superyachttimes.com/photo/329038/image/large-0c6fc5ea0df11abb323f444b606a35d2.jpg" data-gid="gid://syiq/Photo/329038"><img src="https://photo-assets.superyachttimes.com/photo/329035/image/large-ec1f85d2805582932f0a99696d15df5a.jpg" data-gid="gid://syiq/Photo/329035">“Hippolyta is not about size or volume but about creating an exceptional experience for its guests,” concluded designer Christian Leyk. “Hippolyta is its seamless integration between classic and modern elements creating a harmonious, calming, and luxurious setting where guests can unwind and immerse themselves in an unparalleled experience of supreme elegance and luxury.”<img src="https://photo-assets.superyachttimes.com/photo/329030/image/large-7e37b2b5afbdaaf3732685dde261d0dc.jpg" data-gid="gid://syiq/Photo/329030">

coquine![design] unveils 60m Hippolyta superyacht concept

Designer Christian Leyk of coquine![design] has unveiled the renderings of the 60-metre superyacht concept Hippolyta.

Hippolyta: The 60m superyacht concept from coquine![design]

The 47-metre motor yacht <a data-gid="gid://syiq/Yacht/11385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M47.0m (154'2&quot;)Sanlorenzo2024">M</a> is for sale exclusively listed with <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> and will make her world debut a next week's <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>, on Quai l'Hirondelle berth H22. Built by the renowned Italian shipyard <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and delivered in 2024, the <a data-gid="gid://syiq/Yacht/11385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M47.0m (154'2&quot;)Sanlorenzo2024">M</a> is part of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s 460-500EXP series. <img src="https://photo-assets.superyachttimes.com/photo/328892/image/large-d5ce3b3341f7baf0c94277453e0ff65c.jpg" data-gid="gid://syiq/Photo/328892">This impressive <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> showcases sleek exterior styling by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a>. With naval architecture crafted by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>is constructed with a robust steel hull and an aluminium superstructure.“Our client was preparing for a world voyage and needed a yacht that could bring their dream &nbsp;to life,” says David Westwood, Principal Partner at <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>. “We conducted thorough market research, and all paths led us to the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> EXP500 series. It fully catered to &nbsp;their needs: a truly liveable interior for extended voyages, round-the-world capabilities, and &nbsp;the ability to support helicopter operations, carry a floatplane, and still have space for large tenders and water toys.”<img src="https://photo-assets.superyachttimes.com/photo/328956/image/large-76f6d1a367f0038a20c94d182f221cf5.jpg" data-gid="gid://syiq/Photo/328956"><img src="https://photo-assets.superyachttimes.com/photo/328953/image/large-8f09b3ea3891c1ecb00d26304e9d42b3.jpg" data-gid="gid://syiq/Photo/328953"><img src="https://photo-assets.superyachttimes.com/photo/328950/image/large-62bd58be943250dfcf91febc03607a89.jpg" data-gid="gid://syiq/Photo/328950">Inside, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo/for-sale" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yacht for sale</a>’s luxurious interior design was penned by Studio Indigo. The modern and luminous saloon is home to rounded white furniture, which creates an inviting and cosy atmosphere. Dark woods and gold accents lend a sophisticated touch, while generous windows and recessed lighting offer ample light.<img src="https://photo-assets.superyachttimes.com/photo/328947/image/large-e7df814e532e561df0f3a521bf4217bd.jpg" data-gid="gid://syiq/Photo/328947">Soft textures in the chosen fabrics onboard balance comfort and style, while white marble and lighter woods lend a bright and airy feel to the yacht’s spacious staterooms.<img src="https://photo-assets.superyachttimes.com/photo/328948/image/large-ee5d54b08eee330547bfc96baad729c6.jpg" data-gid="gid://syiq/Photo/328948">With a beam of 9.6 metres, a draft of 2.75 metres, and a gross tonnage of 499 GT, M provides ample space and comfort for up to 12 guests. She also accommodates a dedicated crew of nine, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/328981/image/large-bfbcd16a585c64fd6dff69f3f5780fe7.jpg" data-gid="gid://syiq/Photo/328981"><img src="https://photo-assets.superyachttimes.com/photo/328980/image/large-cc84ac2f99f426bbd6964d5d11602088.jpg" data-gid="gid://syiq/Photo/328980"><img src="https://photo-assets.superyachttimes.com/photo/328991/image/large-53fcd8f422356d8559d5fe6a1b0aadf9.jpg" data-gid="gid://syiq/Photo/328991">Her light wooden decks are home to many convivial spaces, including a minimalistic bar, five pillowy sofas, and exterior dining areas. Swim platforms also create the perfect intimate space for guests to connect with the waves.<img src="https://photo-assets.superyachttimes.com/photo/328965/image/large-6f8e11394e28868e9d6668383903127e.jpg" data-gid="gid://syiq/Photo/328965"><img src="https://photo-assets.superyachttimes.com/photo/328961/image/large-0a553a5fa07a04c905198d10c5f26ae6.jpg" data-gid="gid://syiq/Photo/328961">Powered by two <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, <a data-gid="gid://syiq/Yacht/11385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M47.0m (154'2&quot;)Sanlorenzo2024">M</a> achieves a cruising speed of 12.5 knots and a top speed of 15 knots. Her extensive range of 4,300 nautical miles at 12.5 knots makes her well-suited for long-range exploration and adventure.<img src="https://photo-assets.superyachttimes.com/photo/328941/image/large-a02cabc1b6cdf6bf978d24cf61918b86.jpg" data-gid="gid://syiq/Photo/328941"><img src="https://photo-assets.superyachttimes.com/photo/328914/image/large-106d5c84f5615ff325a0d31c3b3e64e9.jpg" data-gid="gid://syiq/Photo/328914">“<a data-gid="gid://syiq/Yacht/11385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M47.0m (154'2&quot;)Sanlorenzo2024">M</a> has a rugged Landrover Defender-styled exterior that melts into a soft calming abode as &nbsp;soon as you step aboard,” says Westwood. “We dedicated a great deal of time planning the &nbsp;ideal general arrangement and layout plans to improve flow and liveability. The client &nbsp;mandated the London design house <a data-gid="gid://syiq/Company/4664" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Indigo (Company)">Studio Indigo</a>, which in conjunction with the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> interior department, delivered a truly spectacular interior. There is no doubt in my mind that &nbsp;the results they’ve achieved will be award-winning.” In addition to <a data-gid="gid://syiq/Yacht/11385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M47.0m (154'2&quot;)Sanlorenzo2024">M</a>, the yacht <a data-gid="gid://syiq/Yacht/11043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alunya49.9m (163'9&quot;)Benetti SpA2023">Alunya</a> is currently for sale with <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW</a>, offering further opportunities for those searching for their next luxury vessel.<img src="https://photo-assets.superyachttimes.com/photo/328993/image/large-23e5773a29f89a8e77eedf62d23fdd9d.png" data-gid="gid://syiq/Photo/328993">

 Sanlorenzo yacht M for sale

 Sanlorenzo 47m superyacht M, built in 2024, is now for sale with TWW Yachts. 


Sanlorenzo 47m yacht M to make debut at Monaco

The 49.99-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht <a data-gid="gid://syiq/Yacht/11043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alunya49.9m (163'9&quot;)Benetti SpA2023">Alunya</a> has joined the market. The superyacht is offered for sale David Westwood of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> and will be on display next week 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 2024</a> on Quai l'Hirondelle berth H21 and will be available to view by appointment only. <img src="https://photo-assets.superyachttimes.com/photo/295195/image/large-f8abcd5e451e1995e5ccce598ef39937.jpg" data-gid="gid://syiq/Photo/295195"><a data-gid="gid://syiq/Yacht/11043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alunya49.9m (163'9&quot;)Benetti SpA2023">Aluyna</a> is the sixth hull of the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> B.Now 50m series, launched in 2023 at the shipyard's Livorno facility. She features exterior design and styling from British studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, while her naval architecture is the work of <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>.<img src="https://photo-assets.superyachttimes.com/photo/295190/image/large-4d42e660c21229576b0335240de7abdd.jpg" data-gid="gid://syiq/Photo/295190"><img src="https://photo-assets.superyachttimes.com/photo/295189/image/large-f0005807feae3ea292bac7506d7f70f8.jpg" data-gid="gid://syiq/Photo/295189">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> spans four decks in total, with a seamless indoor-outdoor layout, including a main saloon looking directly out onto the Oasis Deck, a revolutionary nautical design concept offering a convivial, sea-immersive onboard lifestyle with a 360 square-metre beach club.<img src="https://photo-assets.superyachttimes.com/photo/295192/image/large-e9560589cfdd3af546a62aa05cc6522b.jpg" data-gid="gid://syiq/Photo/295192"> <img src="https://photo-assets.superyachttimes.com/photo/329006/image/large-c0996a481287bf28995b5a3d6aa529cc.png" data-gid="gid://syiq/Photo/329006">The <a href="https://www.superyachttimes.com/yachts/benetti/for-sale" rel="noopener noreferrer" target="_blank" title="">Benetti yacht for sale</a>'s aft deck opens out with hydraulic platforms to extend the width of the deck out onto the water. There is an infinity pool integrated flush into the aft deck, giving a feeling of being close to the sea.<img src="https://photo-assets.superyachttimes.com/photo/295191/image/large-49e4db26360a9c0aec3493d83db5e0d6.jpg" data-gid="gid://syiq/Photo/295191">The main saloon houses two comfortable cream sofas, meticulously designed by <a href="https://sya.superyachttimes.com/companies/benetti" target="_blank">Benetti</a>, reducing the appearance of visible seams, creating a smooth finish. In addition, the saloon showcases a series of low-level tables crafted by <a href="https://sya.superyachttimes.com/companies/paolo-castelli" target="_blank">Paolo Castelli</a> and armchairs by Minotti and Cassina. <a href="https://sya.superyachttimes.com/yachts/alunya" target="_blank">Alunya</a>’s main saloon has been customised to meet the needs of the owner, rather than featuring a formal dining area, the main deck is furnished with a lounge space, featuring an opulent back-lit Onice Miele marble bar unit with stylish low-level armchairs.<img src="https://photo-assets.superyachttimes.com/photo/295188/image/large-7166cd51c084e39050b9d400f1edc872.jpg" data-gid="gid://syiq/Photo/295188"><a href="https://www.superyachttimes.com/yachts/alunya" rel="noopener noreferrer" target="_blank" title=""><img src="https://photo-assets.superyachttimes.com/photo/329010/image/large-98db0fb1edfbf5335d1bc17838260dc5.png" data-gid="gid://syiq/Photo/329010">Aluyna, for sale</a>, can accommodate as many as 12 guests across five suites with a spacious owner's suite on the main deck, complete with a study area, large ensuite, and a private terrace. The remaining guest staterooms are situated on the lower deck, designed for comfort and privacy. The yacht also features six additional cabins for an 11-person crew, to look after guests.<img src="https://photo-assets.superyachttimes.com/photo/329007/image/large-4ad13316742b7d55131d0091568a4629.png" data-gid="gid://syiq/Photo/329007"><img src="https://photo-assets.superyachttimes.com/photo/295182/image/large-7442ad952def18e8cbb71891823d185c.jpg" data-gid="gid://syiq/Photo/295182">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a>has a spacious upper deck, a large wheelhouse contains the helm station and neighbouring captain’s cabin. Walking towards the stern, she features a lounge area, featuring two fixed side tables and extensive windows define the space.“We have come out in force this year, and the yachts we are bringing to 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> are a true reflection of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>,” says David Westwood. “New build sales are a major part of our business, and as these three yachts showcase, we have proven time and again our expertise in refining already exciting platforms into dream yachts for their owners, &nbsp;which outperform on the charter market.”<img src="https://photo-assets.superyachttimes.com/photo/295179/image/large-7c2c91fb992ee473fd2b44bca3f0f820.jpg" data-gid="gid://syiq/Photo/295179">“Our charter division, headed by James Graham-Cloete, was very active with <a data-gid="gid://syiq/Yacht/11043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alunya49.9m (163'9&quot;)Benetti SpA2023">Alunya</a> this past year,” says David Westwood, Principal Partner at <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>. “The charter itineraries &nbsp;were curated around the owner's needs, and we provided counsel on how to position <a data-gid="gid://syiq/Yacht/11043" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alunya49.9m (163'9&quot;)Benetti SpA2023">Aluyna</a> for success. The results speak for themselves.”<a href="https://sya.superyachttimes.com/yachts/alunya" target="_blank">Alunya</a> is powered by twin <a href="https://sya.superyachttimes.com/companies/man" target="_blank">MAN</a> engines, providing her with a cruising speed of 13.5 knots and a top speed of 15 knots.

Benetti yacht Alunya for sale

The 50m Benetti superyacht Alunya is for sale with TWW Yachts.

Benetti 50m superyacht Alunya for sale and ready to view at Monaco

The 34.1-metre <a data-gid="gid://syiq/Company/362" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard Yachts (Company)">Leopard</a> motor yacht <a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006">Walindi</a> sold in a deal with Nikos Odysseas Papadakis of International Yacht Sales &amp; Charter&nbsp; introducing the buyer and Vesa Kaukonen of <a data-gid="gid://syiq/Company/6774" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Large Yacht Corp. (Company)">Large Yacht Corp</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/302099/image/large-105aa0785d7a55edaf7884495fa5fd78.jpg" data-gid="gid://syiq/Photo/302099">Delivered in 2006 as part of the <a data-gid="gid://syiq/Company/362" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leopard Yachts (Company)">Leopard</a> 34M series, <a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006">Walindi</a> features exterior design and naval architecture penned by Italian designer <a data-gid="gid://syiq/Company/409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andrea Bacigalupo (Company)">Andrea Bacigalupo</a>. Previously named Touchstone, <a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006">Walindi</a> showcases a sleek and contemporary aesthetic, with a sporty silhouette.<a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006"><img src="https://photo-assets.superyachttimes.com/photo/302101/image/large-4ae6baf1c26ce8495d314e6a996cd9f9.jpg" data-gid="gid://syiq/Photo/302101"><img src="https://photo-assets.superyachttimes.com/photo/302107/image/large-8f48611e102b0578246a2e2b46e2632b.jpg" data-gid="gid://syiq/Photo/302107"><img src="https://photo-assets.superyachttimes.com/photo/302109/image/large-7b20c3f20caf12fa2a032eed40485efa.jpg" data-gid="gid://syiq/Photo/302109">Walindi</a> can comfortably accommodate up to eighty guests across a four stateroom configuration, with her full-beam master suite situated amidship on her lower deck. Her remaining guest staterooms consist of a full-beam VIP suite at the bow, a double and a twin.<a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006"><img src="https://photo-assets.superyachttimes.com/photo/302102/image/large-95c682861be94cad449e0a1f10777ece.jpg" data-gid="gid://syiq/Photo/302102"><img src="https://photo-assets.superyachttimes.com/photo/302100/image/large-d2f84cdcf0c838f106a10593eeaa0d9a.jpg" data-gid="gid://syiq/Photo/302100">Walindi</a> boasts a large and vast sundeck, with plenty of exterior space onboard for alfresco dining and entertaining guests. Her bow and aft decks also offer the perfect opportunity to relax, thanks to oversized sunbeds and loungers. <img src="https://photo-assets.superyachttimes.com/photo/302098/image/large-c6effae96036f9fe0dd96b0558db8d7a.jpg" data-gid="gid://syiq/Photo/302098">In terms of performance, <a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006">Walindi</a> packs a punch with triple <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines which propel her to an impressive top speed of 43 knots and a cruising speed of 31 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Walindi34.1m (111'11&quot;)Leopard Yachts2006">Walindi</a> had a last known asking price of €1,950,000.

Leopard’s 34m motor yacht Walindi sold

The 34.1-metre Leopard motor yacht Walindi sold, with a last known asking price of €1,950,000.

34m Leopard motor yacht Walindi sold

The Dutch studio <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a> has shared the details of Inspire, a 138.38-metre superyacht concept centred around the “Power of Inspiration.” A 1,600-millimetre scale model of the design will be presented during next week’s <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> in Port Hercule. <img src="https://photo-assets.superyachttimes.com/photo/328812/image/large-6f4c4863f3e3c62d7286d645c0edaab2.jpg" data-gid="gid://syiq/Photo/328812">Inspire’s exterior silhouette consists of striking architectural lines, with a light blue-green hull colour allowing the vessel to blend in with the maritime environment. Floor-to-ceiling glass façades, multiple hatches, al-fresco lounge areas, and shaded exterior decks allow guests to take in the surrounding water and skies for inspiration.<img src="https://photo-assets.superyachttimes.com/photo/328820/image/large-48e6ad67c5b732c0888ed908c55e52d9.jpg" data-gid="gid://syiq/Photo/328820"> <img src="https://photo-assets.superyachttimes.com/photo/328813/image/large-1df93aea6e74e2e92016773daad8e46a.jpg" data-gid="gid://syiq/Photo/328813">As designer Sander Sinot states, “the marine environment has always inspired mankind; by its visual splendour of surging waves and endless skies, as well as its sense of wonder, tales of exploration and legendary voyages. Inspire builds on that legacy by providing unprecedented openness between the inside and out, vast exterior decks, and features such as a blue hole swimming pool and submersible Nemo room.”<img src="https://photo-assets.superyachttimes.com/photo/328811/image/large-ff05ffc2a03566f6a82b8e89664a89fd.jpg" data-gid="gid://syiq/Photo/328811">Spanning over six decks, Inspire’s&nbsp;top deck is entirely dedicated to the owner, while the upper deck contains a large lounge and open-plan wheelhouse, and the main deck includes guest staterooms, a restaurant, and central staircase lobby.<img src="https://photo-assets.superyachttimes.com/photo/328823/image/large-6c57016389d0525237e04106bc117222.jpg" data-gid="gid://syiq/Photo/328823"><img src="https://photo-assets.superyachttimes.com/photo/328805/image/large-56a1dc2e3aebf0e9146d88d62afbb498.jpg" data-gid="gid://syiq/Photo/328805">This deck is also home to a beach lounge with a blue hole pool, along with spacious areas perfect for “inspiration events”, according to the studio. Inspire’s&nbsp;lowest deck features a submersible observation room for unobstructed views of the sealife down below.<img src="https://photo-assets.superyachttimes.com/photo/328797/image/large-d422d694260b018bbbda45d35b56fbf2.jpg" data-gid="gid://syiq/Photo/328797"><img src="https://photo-assets.superyachttimes.com/photo/328796/image/large-07c132b2c29d0220092459e3cfb2f80e.jpg" data-gid="gid://syiq/Photo/328796">With a volume of 8,151 GT and a beam of 21.1-metres, the superyacht is capable of accommodating as many as 22 guests across an owner’s suite, two VIP suites, and eight guest staterooms. Inspire&nbsp;is also able to host as many as 51 crew members and the captain.<img src="https://photo-assets.superyachttimes.com/photo/328822/image/large-52fedd16a6da98c4a988386a42ef1a72.jpg" data-gid="gid://syiq/Photo/328822"><img src="https://photo-assets.superyachttimes.com/photo/328800/image/large-2735890283ebe29cd1d69129bdb355c9.jpg" data-gid="gid://syiq/Photo/328800">Located on the top deck, the owner’s suite boasts 250-square-metres of living space, with an ensuite bathroom complete with a full-beam vanity, two dressing areas, and a private lounge. The owner’s lounge can be found on the aft of this deck, and is flanked by floor-to-ceiling glass façades with an inserted glass wintergarden. This space is optimised for a morning workout, yoga, or for admiring the morning views of the ocean. <img src="https://photo-assets.superyachttimes.com/photo/328799/image/large-477ac8b36319020816aadfdff56355ac.jpg" data-gid="gid://syiq/Photo/328799">Furthermore, eight guest staterooms are situated forward on Inspire’s&nbsp;main deck. Each stateroom is fitted with a built-in window seat placed in the vast windows, accentuating the connection between the indoors and outdoors.<img src="https://photo-assets.superyachttimes.com/photo/328802/image/large-ca86739902b6a66948c238df9b464b68.jpg" data-gid="gid://syiq/Photo/328802"><img src="https://photo-assets.superyachttimes.com/photo/328803/image/large-821c8af771ef3a98a2f718bccafe6073.jpg" data-gid="gid://syiq/Photo/328803"><img src="https://photo-assets.superyachttimes.com/photo/328808/image/large-22c25dad2b93f2cf7ed375152fbf5be5.jpg" data-gid="gid://syiq/Photo/328808">One of Inspire's&nbsp;most standout features is the submersible Nemo observation room, located on the lowest deck, five metres below the sea’s surface. This amenity means guests can “experience intriguing and inspiring underwater life in a serene setting”, the studio explains.<img src="https://photo-assets.superyachttimes.com/photo/328821/image/large-96b94d5c520ef15f91b27917c9b866b3.jpg" data-gid="gid://syiq/Photo/328821"><img src="https://photo-assets.superyachttimes.com/photo/328816/image/large-033f7fb1d1dc9db3f289ffb0730815eb.jpg" data-gid="gid://syiq/Photo/328816">“We hope our holistic approach towards yachting will inspire owners, prospects, and industry. Just about anything is possible when you experience the Power of Inspiration,” Sander Sinot adds. <img src="https://photo-assets.superyachttimes.com/photo/328809/image/large-bf5578f0ec59ecc4a692b35fd3722904.jpg" data-gid="gid://syiq/Photo/328809">Regarding her performance, Inspire can reach a cruising speed of 11 knots and a top speed of 16.5 knots. When cruising at a speed of 11 knots, she has a range of 3,750 nautical miles. In terms of her storage, the superyacht has the capacity to store a two-by-13-metre limo tender, a one-by-9.5-metre tender, and various water toys onboard. <img src="https://photo-assets.superyachttimes.com/photo/328806/image/large-bb824bd3c4be3f46ae71fa0151f499a3.jpg" data-gid="gid://syiq/Photo/328806">

Sinot’s 138m superyacht concept Inspire

Sinot Yacht Architecture & Design has shared the details of Inspire, a 138m superyacht concept.


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 Introducing Sinot’s 138m superyacht concept Inspire

The 142-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba136.8m (448'10&quot;)Lürssen Yachts2024">Alibaba</a> has successfully completed her sea trials. Launched in December 2023, the yacht began sea trials early last week near Brunsbüttel, Germany and returned to the shipyard earlier this week. <img src="https://photo-assets.superyachttimes.com/photo/328851/image/large-663a4487341f8e95d852a0eb89354f24.jpg" data-gid="gid://syiq/Photo/328851">Designed by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>, <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba136.8m (448'10&quot;)Lürssen Yachts2024">Alibaba</a> features naval architecture crafted in-house by her German shipyard <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, with interior design crafted by <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a>. <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba136.8m (448'10&quot;)Lürssen Yachts2024">Alibaba</a> exhibits <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s signature an elongated bow, complete with angular contours and striking exterior elements.<img src="https://photo-assets.superyachttimes.com/photo/328852/image/large-a050f0ffd8414773aba49162e2ba2ddb.jpg" data-gid="gid://syiq/Photo/328852">Boasting four expansive decks that fuse sophistication with a military-like edge, <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba136.8m (448'10&quot;)Lürssen Yachts2024">Alibaba</a> features large exterior decks, with her aft deck spanning nearly half of her profile. <img src="https://photo-assets.superyachttimes.com/photo/328853/image/large-b0de0c0b45328917472afdc8a3bbbd82.jpg" data-gid="gid://syiq/Photo/328853"><a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba142.0m (465'11&quot;)Lürssen Yachts2024">Alibaba</a> garnered attention last year when a technical failure of the dock gate forced water out of the dock, pushing her bow into the dock curtain as a consequence. As a result of this, <a href="https://sya.superyachttimes.com/yachts/alibaba" target="_blank">Alibaba</a> was prematurely launched by <a href="https://sya.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a> in December 2023.Read: <a data-gid="gid://syiq/Article/59289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="140m+ in-build superyacht damages Lürssen dry dock in Bremen (2023-12-07 18:00:00 +0100)">140m+ in-build superyacht damages Lürssen dry dock in Bremen</a><img src="https://photo-assets.superyachttimes.com/photo/326950/image/large-692c5a9315e6eca85d7c807f0b69f0a9.jpg" data-gid="gid://syiq/Photo/326950">"<a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba142.0m (465'11&quot;)Lürssen Yachts2024">Alibaba</a> is a proud testament to <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>’s ability to build yachts driven by the creative and challenging requirements set by our owners," added Peter Lürssen, CEO of <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/326951/image/large-e1932aed6c3a64ee1080b92f979c3f10.jpg" data-gid="gid://syiq/Photo/326951">Regarding her propulsion system, <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba136.8m (448'10&quot;)Lürssen Yachts2024">Alibaba</a> is equipped with a highly efficient Diesel-Electric Hybrid Propulsion Concept that combines diesel-propulsion technology with efficient modern electric propulsion systems.Her &nbsp;system consists of two diesel engines that drive two controllable pitch propellers through individual gearboxes, equipped with PTI/PTO units that can be used for either electric propulsion or generating electrical energy to operate <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba142.0m (465'11&quot;)Lürssen Yachts2024">Alibaba</a>.<a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba142.0m (465'11&quot;)Lürssen Yachts2024">Alibaba</a> is also equipped with an electric Azimuth Pod Drive, which in electric mode can be used either separately, or together with the other propulsion components to generate the top speed. <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alibaba142.0m (465'11&quot;)Lürssen Yachts2024">Alibaba</a> is scheduled for delivery later this year.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">Superyacht iQ</a>, other in-build superyachts by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> include the 134.2-metre yacht <a data-gid="gid://syiq/Yacht/11483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Deep Blue134.2m (440'3&quot;)Lürssen Yachts2025">Deep Blue</a>, due for delivery in 2025, as well as the 114.2-metre <a data-gid="gid://syiq/Yacht/10233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cosmos114.2m (374'8&quot;)Lürssen Yachts2025">Cosmos</a>, and 102.4-metre <a data-gid="gid://syiq/Yacht/11563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JASSJ102.4m (335'11&quot;)Lürssen Yachts2025">JassJ</a>.&nbsp;

142m Lürssen yacht Alibaba completes sea trials 

The 142-metre Lürssen superyacht Alibaba has successfully completed her sea trials in Germany. 

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142m Lürssen superyacht Alibaba completes sea trials 

The 78-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht <a data-gid="gid://syiq/Yacht/8722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Platinum78.0m (255'11&quot;)Admiral2024">Platinum</a> has been delivered following her sea trials last month. The superyacht <a data-gid="gid://syiq/Yacht/8722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Platinum78.0m (255'11&quot;)Admiral2024">Platinum</a>, which is <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>’s flagship, is set to attend the <a data-gid="gid://syiq/Event/203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mediterranean Yacht Show - 2024">Monaco Yacht Show</a> next week in Port Hercule. <img src="https://photo-assets.superyachttimes.com/photo/322731/image/large-9ed9851a2725d60ae2a7367649b72b78.jpeg" data-gid="gid://syiq/Photo/322731">“The <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> <a data-gid="gid://syiq/Yacht/8722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Platinum78.0m (255'11&quot;)Admiral2024">Platinum</a> yacht is a masterpiece of design and elegance that will leave a lasting mark on the yachting landscape and represent a point of reference for large luxury yachts in the coming years. I would therefore like to thank the owner's team, represented by the <a data-gid="gid://syiq/Company/7748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magnitude Yachts (Company)">Magnitude</a> company, who assisted us throughout the construction phase of this incredible jewel,” comments Giovanni Costantino, Founder and CEO of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. <img src="https://photo-assets.superyachttimes.com/photo/322730/image/large-706780cc710329b9ddfc3644813f7398.jpeg" data-gid="gid://syiq/Photo/322730"><a href="https://sya.superyachttimes.com/yachts/platinum-78m" target="_blank">Platinum</a>'s six-deck configuration boasts a large helipad at her bow, however the real eye-catcher is her swimming pool on her main deck aft. She additionally features identical staircases leading to her vast transom which provide aesthetic symmetry to her exterior design.&nbsp;<a href="https://sya.superyachttimes.com/yachts/platinum-78m" target="_blank">Platinum</a> showcases exterior design by <a href="https://sya.superyachttimes.com/companies/lobanov-design" target="_blank">Lobanov Design</a>, with naval architecture penned in-house by <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a>, and interior design from the drawing boards of <a href="https://sya.superyachttimes.com/companies/sinot-exclusive-yacht-design" target="_blank">Sinot Yacht Architecture &amp; Design</a>.In terms of performance, <a href="https://sya.superyachttimes.com/yachts/platinum-78m" target="_blank">Platinum</a> is believed to be powered by <a href="https://sya.superyachttimes.com/companies/mtu" target="_blank">MTU</a> engines and has an estimated volume of 2,200 GT.

Admiral superyacht Platinum delivered

The 78-metre Admiral superyacht Platinum has been delivered to her owner by her builder. 


 78m flagship Admiral superyacht Platinum delivered

The 53.25-metre support yacht <a data-gid="gid://syiq/Yacht/12036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five Oceans53.25m (174'8&quot;)Damen Yachting2024">Five Oceans</a> has been delivered to her owner by her builder, <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, following her launch in March. The superyacht, which is the second of the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> YS 53 support series, will be on display 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> next week in Port Hercule. <img src="https://photo-assets.superyachttimes.com/photo/328631/image/large-9bf1dcaa72d048b6e16bfda7d9d348ba.jpg" data-gid="gid://syiq/Photo/328631">Characterised by an unmissable sky blue hull, the yacht’s interior and exterior design, along with her naval architecture, were all crafted in-house by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. <img src="https://photo-assets.superyachttimes.com/photo/328636/image/large-31b22eb7464117a95ee212425d921966.jpg" data-gid="gid://syiq/Photo/328636">At a volume of 499 GT, <a data-gid="gid://syiq/Yacht/12036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five Oceans53.25m (174'8&quot;)Damen Yachting2024">Five Oceans</a> is capable of sleeping as many as eight guests onboard, while accommodation is also available for up to 10 crew members. <a data-gid="gid://syiq/Yacht/12036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five Oceans53.25m (174'8&quot;)Damen Yachting2024">Five Oceans</a> is characterised by her expansive aft deck stowage space. <img src="https://photo-assets.superyachttimes.com/photo/328634/image/large-72348a4b6b8e7b1aa023e85d8fa5a238.jpg" data-gid="gid://syiq/Photo/328634">In terms of her performance, the motor yacht, which has a beam of 9.2-metres and a draft of 3.05-metres, 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 provide a cruising speed of 12 knots along with a top speed of 19 knots.<img src="https://photo-assets.superyachttimes.com/photo/328635/image/large-3eb9e03f8b6f9d9376269f1e85cdaead.jpg" data-gid="gid://syiq/Photo/328635">“We are proud to have launched this very special 53-metre Yacht Support. Seeing her out in the open and ready for action is the start of something truly exciting,” comments Jan van Hogerwou, Commercial Executive at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. <img src="https://photo-assets.superyachttimes.com/photo/328637/image/large-608c84c2c637b0735515f22b529cf1a0.jpg" data-gid="gid://syiq/Photo/328637">The superyacht, which is the second of the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> YS 53 support series, <a data-gid="gid://syiq/Yacht/12036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five Oceans53.25m (174'8&quot;)Damen Yachting2024">Five Oceans</a> was constructed on behalf of an owner committed to preservation of the maritime environment. Following her delivery, <a data-gid="gid://syiq/Yacht/12036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five Oceans53.25m (174'8&quot;)Damen Yachting2024">Five Oceans</a> is now set to undertake an ambitious programme of maritime research. <img src="https://photo-assets.superyachttimes.com/photo/328632/image/large-69044721873625e9d8f4a1023fec9407.jpg" data-gid="gid://syiq/Photo/328632">Rob Dolling, Founder &amp; CEO at <a data-gid="gid://syiq/Company/2313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Verpeka Dolling Yacht Brokerage (Company)">Verpeka Dolling Superyachts</a>, the Monaco-based yacht sales and charter company, commented, “Having been involved in several <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachtin</a>g new builds, it has always been a great experience from start to finish. This particular project has presented its own unique challenges as a stand-alone explorer, but Damen Yachting has met or surpassed our requirements at every turn. <a data-gid="gid://syiq/Yacht/12036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five Oceans53.25m (174'8&quot;)Damen Yachting2024">Five Oceans</a> is equipped to a very high level and more than ready to tackle the owner’s lofty desire for exploration, philanthropic endeavors, ocean conservation and research around the globe."<img src="https://photo-assets.superyachttimes.com/photo/328633/image/large-3cffaa1cb9897932ef3dc1e8422e19e9.jpg" data-gid="gid://syiq/Photo/328633">

53m Damen Yachting yacht Five Oceans delivered 

The 53.25-metre superyacht Five Oceans has been delivered to her owner by her builder, the Turkey-based shipyard Damen Yachting.  

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Gulf Craft CEO Gregory Yeakle steps down