<a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine Group</a> has announced the launch of its sister company, <a data-gid="gid://syiq/Company/7134" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Spa Consultants (Company)">Coral Spa Consultants</a>. The consultancy company will provide clients with spa design and specification services alongside <a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine</a>’s successful gym design and equipment supply business.<img src="https://photo-assets.superyachttimes.com/photo/268197/image/large-f8ed4c6938d10c56b9b0ecde18259661.jpg" data-gid="gid://syiq/Photo/268197"><a data-gid="gid://syiq/Company/7134" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Spa Consultants (Company)">Coral Spa Consultants</a> will be managed by Kayleigh Westgarth and will allow the Group to expand its services. This will include advising interior designers of operational practicalities, as well as providing expert design and installation advice.<img src="https://photo-assets.superyachttimes.com/photo/268196/image/large-692349c086f7b43b61190341484b2b21.jpg" data-gid="gid://syiq/Photo/268196">“With over 15 years in the health and wellness industry, I have worked on many prestigious yachts and was responsible for setting up and managing the spa aboard one of the world’s largest superyachts,” explained Kayleigh Westgarth. “This first-hand experience of onboard spa use and guest requirements has helped me identify gaps in the market in terms of design and layout, as well as guest needs and the needs of the spa therapist.”Read:&nbsp;<a data-gid="gid://syiq/Article/52938" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entrepreneur in Yachting: Founder of Gym Marine Edward Thomas (2021-06-04 11:15:00 +0200)">Entrepreneur in Yachting: Founder of Gym Marine Edward Thomas<img src="https://photo-assets.superyachttimes.com/photo/268195/image/large-a951901163695910a98e98d0b65f3fde.jpg" data-gid="gid://syiq/Photo/268195"></a><a data-gid="gid://syiq/Company/7134" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Spa Consultants (Company)">Coral Spa Consultants</a> outfit spas and equipment for wellness areas, treatment rooms and even portable massage setups. They are equipped to offer the latest in spa trends and treatments and meet every owner and guest requirement.<img src="https://photo-assets.superyachttimes.com/photo/195369/image/large-430a21e194990f5d8f867379d1795eba.jpg" data-gid="gid://syiq/Photo/195369">“This is a very natural development for us, and we’re really excited about this new arm of our business. Kayleigh’s expertise in all areas of spa design and specification will allow us to offer a broader scope of services to our clients and design full-scope health and wellness spaces aboard yachts, as well as designing for private residences and luxury resorts.” concluded Ed Thomas Founder of <a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine</a> Yachts &amp; Interiors.

Gym Marine Group launches Coral Spa Consultants

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Ed Thomas, Founder of Gym Marine Group

Kayleigh Westgarth of Coral Spa Consultants

Coral Spa Consultants

Gym Marine Group has announced the launch of its sister company, Coral Spa Consultants. 

Gym Marine Group launches sister company Coral Spa Consultants

The Mumbai Port Authority (MPA) now intends to self-fund its planned marina, according to local media sources. This newly announced plan moves away from the earlier proposal, to build on land through a public-private partnership (PPP) model.<img src="https://photo-assets.superyachttimes.com/photo/301383/image/large-60a90e3bd064fe7a4c5f69f5dc3ef4ea.jpg" data-gid="gid://syiq/Photo/301383">Initially, MPA sought to develop and manage the marina at the port's Princess Dock via a PPP for 45 years. Despite two tender processes, with adjusted bid terms, the efforts failed to attract bidders. In the local press, Rajiv Jalota, chairman of Mumbai Port Authority, stated: "We are not developing it on land; we are developing it in the sea. Studies are at a very advanced stage and clearances should come through." He also confirmed that the project would proceed as an Engineering Procurement Construction (EPC) project led by the port authority.<img src="https://photo-assets.superyachttimes.com/photo/301381/image/large-3dddde666d08c1d21632d4a8a1e83fd4.jpg" data-gid="gid://syiq/Photo/301381">The Managing Director and Owner of <a data-gid="gid://syiq/Company/1372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="West Coast Marine (Sea Waif) (Company)">West Coast Marine Yacht Services Pvt Ltd</a>, Aashim Mongia commented, "This is a welcome step and a move in the right direction. As a stakeholder, we hope that the Mumbai Port Authority provides a sufficient land parcel alongside the marina for the development of world-class facilities and amenities. It is also essential that the marina maintains a 5-metre all-time draft to accommodate yachts over 30-metres in length."Unique geography and history&nbsp;The proposed site lies within the historic confines of Princess Dock and Victoria Dock, established in the 18th century during British rule. Facing limitations in expanding its cargo handling due to the typical evacuation challenges of a city-based port, MPA has opted to repurpose the waterfront for leisure and urban uses. This aligns with broader plans to regenerate Mumbai's waterfront.South Mumbai, where most of the port's land is situated, is one of the nation's most valuable locales. The planned marina is set to cater to a significant influx of luxury yachts. Currently, despite India's extensive coastline exceeding 7,500 kilometres, there are very few facilities for mooring luxury yachts. The existing infrastructure forces yacht owners to use inconvenient and inadequate makeshift arrangements near iconic sites like the Gateway of India.Attracting more yachts to the Mumbai areaJitendra Rami, Director of <a data-gid="gid://syiq/Company/1372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="West Coast Marine (Sea Waif) (Company)">West Coast Marine Yacht Services Pvt Ltd</a> and M2M Ferries, stated that the Mumbai Port Authority has already conducted the first round of stakeholder consultations, which I attended, for the marina. Planned for a location outside the Princess and Victoria Docks, this marina will be situated adjacent to Cross Island, directly in front of the docks. The MPA is expected to conduct another round of stakeholder consultations soon. The establishment of a marina in Mumbai has been a longstanding demand of the industry, and we hope that this project will soon come to fruition.The development aims to transform the local economy by enhancing the area's appeal to tourists and yacht owners. With around 200 leisure boats typically moored near the Gateway of India due to the lack of dedicated marina facilities, the new marina aims to provide a world-class berthing option, equipped with comprehensive marina services. This initiative is not only expected to promote urban growth but also to open up new avenues for sea-based tourism.<img src="https://photo-assets.superyachttimes.com/photo/301382/image/large-72b2ec6789cf2c5339b5fdeacca2efb3.jpg" data-gid="gid://syiq/Photo/301382">

Mumbai Port Authority to self-fund marina development

According to local media sources, the Mumbai Port Authority (MPA) has announced a significant shift in its plans to develop a marina.

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<a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>, a provider of superyacht services, has announced the opening of several new offices in the Kingdom of Saudi Arabia (KSA), marking a significant expansion.<img src="https://photo-assets.superyachttimes.com/photo/331228/image/large-382e40036ac6dfcedddc97cedcdbb66a.jpeg" data-gid="gid://syiq/Photo/331228">In partnership with Faisal M. Higgi &amp; Associates Co., the company is establishing strategically positioned offices in key port locations such as Yanbu (serving as the headquarters), Jeddah, Jizan, Rabigh, Duba, Dammam, and <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a> in <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>.&nbsp;Commenting on the partnership, Abdulaziz Faisal Higgi, Managing Partner at <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> Saudi Arabia, stated, “At Faisal Higgi Company, our collaboration with <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> perfectly complements Saudi Arabia’s Vision 2030. Together, we are dedicated to enriching the yachting experience in our local market, introducing world-class expertise to the region, and playing a pivotal role in the development of luxury maritime tourism along the Saudi shores.”Read:&nbsp;<a data-gid="gid://syiq/Article/60978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A look at Saudi Arabia's marina developments (2024-08-08 16:00:00 +0200)">A look at Saudi Arabia's marina developments</a>The aim of the expansion is designed to provide continuous support throughout the clients' journeys, ensuring seamless service from the Mediterranean to Egypt’s Suez Canal and the Gulf, through the Red Sea to <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a>, and beyond."We are thrilled to establish operations in Saudi Arabia, a region experiencing rapid growth in the yachting sector. Our partnership with Faisal M. Higgi &amp; Associates Co. Ltd underscores our dedication to delivering unparalleled services to our clients as they navigate the exceptional destinations along the Saudi Arabian coastline," stated Nikolaos Patsiokas, COO of <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>. <img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492"><a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>'s expansion into Saudi Arabia represents a significant contribution to the country's Vision 2030 initiative, which aims to diversify the economy, enhance tourism, and establish the region as a premier destination for luxury yachting.

BWA Yachting opens new offices in the Kingdom of Saudi Arabia

BWA Yachting, a provider of superyacht services, has announced the opening of several new offices in the Kingdom of Saudi Arabia (KSA).

<a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>, headquartered in Venice, Italy and a key player in the superyacht services sector, has announced a significant strategic expansion into the Caribbean. This growth involves the acquisition of several companies in the region, bolstering its operational scope.<img src="https://photo-assets.superyachttimes.com/photo/330708/image/large-67955ab2f818ca764b8730b21947aec7.png" data-gid="gid://syiq/Photo/330708">Since 2021, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a> has been active in the Grenadines through an exclusive partnership with Erika’s Yacht Agents. This collaboration has now been fully integrated into <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>, extending its coverage to include Sint Maarten. Additionally, the acquisition of Ben's Yacht Services in Saint Lucia and Cobra Yacht Services in Dominica has further expanded its reach. With new offices in Sint Maarten, Antigua, and St. Barth, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> now offers a wider range of continuous and highly specialised services across a broader territory.Commenting on the expansion, Stefano Tositti, CEO of <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a>, said: “This expansion is a crucial step for <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a>. The Caribbean, a strategic area in the yachting world, is well-known to us through our long-standing collaboration with excellent partners such as Erika’s Yacht Agents. We are now integrating these operations with other companies under the <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> brand to ensure continuous, consistent, and high-quality service. With the Caribbean now included alongside the Mediterranean and the Middle East, we cover all key yachting hotspots year-round, making us the only global player in the market known for being truly modern and transparent.”<a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> attributes its success to its expertise in local regulations, anchorage zones, and technical requirements, which it claims enables the company to manage yacht operations effectively and meet client needs. According to the company, its efficiency and quick response in regions facing logistical and supply challenges are backed by a network of offices in key locations.Ichel Moeslikan, Caribbean Operations Manager, stated: "I am thrilled to be leading the <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> project in the Caribbean, coordinating operations from the Grenadines to Sint Maarten. Our team, well known and appreciated by the yachting community, will offer clients a wider range of services and greater efficiency. Captains and owners will be able to cruise the Caribbean with the assurance of excellent and continuous service.”With its expansion into the Caribbean, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> has further strengthened its global presence, which already includes the Mediterranean and the Middle East.

Acquera Yachting expands its presence in the Caribbean with acquisitions

Acquera Yachting, a key player in the superyacht services sector, has announced an expansion into the Caribbean through strategic acquisitions.

Acquera Yachting expands its presence in the Caribbean

<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, which provides repair and maintenance solutions for superyachts, has announced their takeover of operations of the Golf-Juan shipyard based in the South of France.&nbsp;This latest addition to <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a>’s portfolio spans 9,000-square-metres, and is able to service yachts as long as 45-metres. This expansion marks a milestone for the <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> Group in establishing their presence across “key yachting hubs around the world," the company stated. &nbsp;<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> is working in close collaboration with <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, which is the concession holder, who has entrusted the group to not only operate the new site but also manage the existing shipyard’s team. <img src="https://photo-assets.superyachttimes.com/photo/330499/image/large-5b900987d92bd03a49e644a378b193dd.jpg" data-gid="gid://syiq/Photo/330499">Rob Papworth commented: “At Golfe-Juan, our goal is to deliver the same high level of quality and attention to detail that <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> is known for throughout the Group, benefiting from our extensive experience in servicing yachts in the under 50-metre segment. We believe Golfe-Juan will quickly become a dynamic and attractive site for both regular clients and newcomers by providing a personalised, flexible boutique experience, as we do at our Origins facility in La Ciotat.”The facility is also being prepared for its newfound role in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a>’s growing operation, which will include upgrading health, safety, and environmental (HSE) protocols. There will also be investments in modernising the shipyard to align its operations with the group’s ESG commitments, particularly regarding water treatment, waste management, and energy efficiency.&nbsp;“Through collaboration with local subcontractors and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> Group’s extensive network of partners, we will ensure that each refit adds real value, positioning Golfe-Juan as a key destination for superyacht refit services in the Mediterranean, while furthering our commitment to sustainable practices,” Papworth concluded.&nbsp;

MB92 expands with addition of Golf-Juan shipyard

MB92 La Ciotat has announced their takeover of operations of the Golf-Juan shipyard based in the South of France. 


MB92 expands with addition of Golf-Juan shipyard in France 

During a press conference at the <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa Boat Show</a>, <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> announced the creation of its new <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a>&nbsp;refit division, dedicated exclusively to servicing <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> yachts. This decision responds to years of owner requests for a shipyard-managed refit and maintenance service.<img src="https://photo-assets.superyachttimes.com/photo/329083/image/large-d27cfa5c03511da77c5659e97a60be7f.jpg" data-gid="gid://syiq/Photo/329083">Operational since 1 September 2024, the division is equipped to serve the global <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> fleet of approximately 2,000 yachts. The <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> refit facilities feature a 3,000-square-metre warehouse at the main production site. Located in Torre Annunziata, it is designed to accommodate up to five yachts simultaneously, for comprehensive restoration and modernisation.The <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> team will provide a range of refurbishment services, including teak deck replacement, painting, upholstery updates, and system upgrades, such as navigation and onboard systems. Each service is designed to preserve and enhance the vessel's value, comfort, efficiency, and safety.Cataldo Aprea, President of <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a>, commented on the new developments, stating: “It is a source of pride for me to announce this new refit division, which was born from a market request, and which testifies to the prestige of our boats sailing the world’s seas. A special thanks to all the <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> workers who work every day with commitment and care so that we can continue to offer a product of the highest quality.”

Apreamare establishes new refit division

During a press conference at the Genoa Boat Show, Apreamare announced the creation of its new Apreamare Refit division.

Apreamare announces new refit division at Genoa Boat Show

During the <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa International Boat Show</a> last week, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> revealed the expansion of their marinas into Italy, as well as the Mediterranean.The company has acquired Porto Mirabello, a superyacht marina situated in the Gulf of La Spezia, Italy. This recent addition to their marinas means <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has expanded to six marinas in Italy, furthering their presence in one of the most recognised yachting destinations.&nbsp;Porto Mirabello offers 407 berths and amenities including a heliport, upscale dining choices, and boutique shopping. <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> used their <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa Boat Show</a> press conference as an opportunity to showcase their plans for the marina, which involve enhancing its facilities, along with the local community and economy. <img src="https://photo-assets.superyachttimes.com/photo/329077/image/large-6279204e923ed689514c1c19420658db.jpeg" data-gid="gid://syiq/Photo/329077">As the third Italian marina <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has added to its portfolio this year alone, the Porto Mirabello addition follows in the footsteps of their Aregai and San Lorenzo addition within the Liguria region.&nbsp;Furthermore, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has undertaken the construction of Livorno Marina, located beside the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> shipyard, with the aim of producing a world-renowned marina for superyachts. The first berths of Livorno Marina will be available in 2025.&nbsp;In addition, since it was included in their selection in 2022, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> is operating Punta Faro near Venice, as well as Varazze marina in Liguria, in partnership with <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/329076/image/large-e5d30b543a55e4e2118adf233b292b79.jpeg" data-gid="gid://syiq/Photo/329076">Nicolo Caffo, Regional Director of Italy, commented: “Italy is one of the best yachting destinations in the world and is a key region as we seek to offer more cruising options in unique locations. We are thrilled to welcome Porto Mirabello into the <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> family which strengthens our footprint in Italy and also reinforces our commitment to providing world-class marina services. Porto Mirabello’s exceptional facilities and prime location in the Gulf of La Spezia align perfectly with our vision of creating the finest yachting destinations in the Mediterranean. Another exciting project for <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> is the Livorno Marina development with <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti</a> and we are delighted to share details of the progress so far.”“The inclusion of Porto Mirabello into <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’</a>s prestigious portfolio marks a significant milestone for our city. This partnership will bring further attention to La Spezia as a premier yachting destination, fostering economic growth and enhancing our community’s connection to the maritime world. We are excited about the opportunities this collaboration will create, not only for the marina but for the entire region, as we continue to showcase the beauty and hospitality of our coastline,” Pierluigi Peracchini, Mayor of La Spezia, concluded.&nbsp;&nbsp;

D-Marin’s Italy expansion

During the Genoa Boat Show last week, D-Marin revealed their expansion into Italy, as well as in the Mediterranean. 


D-Marin announces expansion to Italy with new marinas

<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

<a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a> has been acquired by Cavazzana Group, led by Roberto Cavazzana, who successfully won the auction for the company's acquisition on Monday, 16 September, at a value of €8.2 million.<img src="https://photo-assets.superyachttimes.com/photo/176340/image/large-eb1a27289bab38f8a561805989808a06.jpg" data-gid="gid://syiq/Photo/176340">Roberto Cavazzana oversees Het Network, which is a consortium of highly specialised companies and studios operating in the fields of engineering, architecture, and environmental and territorial management.The operation must be ratified by the creditors in the coming weeks, who will then provide their input on the possible approval of the Approved Restructuring Plan (PRO).The acquisition process commenced with an initial offer on 24 July 2024, subsequently revised twice and set as the starting bid for the auction. The offer envelopes were opened on Monday, 16 September, in Rovigo at the office of accountant Maria Clotilde Castellani, a judicial commissioner appointed by Judge Benedetta Barbera of the Rovigo Court.President Luca Zaia of the Veneto Region expressed satisfaction with the recent developments, stating, “This marks the closure of an important phase in the process, which has involved concerted efforts with social partners and the management overseeing this procedure. Initially, there was little optimism. However, we now see promising potential in the new industrial proposal. As outlined during the regional discussions, this proposal plans for a complete break from previous management practices, aims to enhance productivity, and presents an ambitious strategy for the company's revival. This includes retaining the current workforce of 48 employees and further expanding their numbers and skills,” stated President Zaia.“However, it should be noted that the process is not yet complete,” continued President Zaia. “In the coming days, the creditors will need to cast a favourable vote on the compensation proposal, which promises much greater satisfaction than in the event of bankruptcy. The Region has provided technical assistance and training courses to support this transition phase. The current temporary management has performed optimally thus far and must continue to ensure production continuity until the transition to the new company, whose structure is still being defined.”

Cantiere Navale Vittoria acquired by Cavazzana Group

Cantiere Navale Vittoria has announced that the Cavazzana Group has won the auction for the company's acquisition.

Cantiere Navale Vittoria acquired for €8.2 million

<a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a> has announced a strategic merger with the Dutch shipyard, <a data-gid="gid://syiq/Company/3031" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lynx Yachts (Company)">Lynx Yachts</a>, which will now operate as <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>-Netherlands. This merger is a key step in <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>' strategy to enhance its global presence and expand its product line.<img src="https://photo-assets.superyachttimes.com/photo/326776/image/large-6b45cab592bafb53ecc9793751a35bfa.jpg" data-gid="gid://syiq/Photo/326776">Over the course of a year, the <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef</a> executive team conducted an extensive assessment of European shipyards, focusing on their procedures and methodologies. This process included on-site visits to various yards, notably in Turkey and the Netherlands. As a result, <a data-gid="gid://syiq/Company/3031" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lynx Yachts (Company)">Lynx Yachts</a> was identified as a fitting candidate. <img src="https://photo-assets.superyachttimes.com/photo/326778/image/large-4c204aebe3817de580d1768f5caa5382.jpg" data-gid="gid://syiq/Photo/326778">The first yacht, currently under construction at the new facility, will be the <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a> Adventure 780, scheduled for launch in February 2025. Following this, <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a> plans to construct a series of models ranging from 24 to 43-metres.<img src="https://photo-assets.superyachttimes.com/photo/326777/image/large-5bf18d3436d5e8f2b8759cc77828b1fa.jpg" data-gid="gid://syiq/Photo/326777">Commenting on the merger, Jeff Druek, CEO of <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>, stated, “Expanding our presence in the Netherlands and integrating the highly regarded management team from <a data-gid="gid://syiq/Company/3031" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lynx Yachts (Company)">Lynx Yachts</a> into our operations represents a significant milestone for <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>. This partnership aligns perfectly with our commitment to innovation and quality, enabling us to meet the growing demand for adventure yachting across Europe, the United States, Australia, and beyond.”

Outer Reef Yachts merges Lynx Yachts

Outer Reef Yachts has announced a strategic merger with the Dutch shipyard, Lynx Yachts.

Outer Reef Yachts merges with Dutch yard Lynx Yachts

<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has signed an agreement to buy <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>. This agreement encompasses the sale of 100% of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> and, indirectly, its subsidiaries, collectively known as the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group.</a> The group comprises 13 companies across seven countries: Finland, Italy, Spain, Monaco, the United Kingdom, the United States, and Australia.<img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a> specialises in the design, construction, sale, and refitting of high-end sailing yachts, marketed under the Swan, Maxi Swan, and ClubSwan brands. Additionally, the group builds motor yachts under the Shadow and Arrow brands. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)"><img src="https://photo-assets.superyachttimes.com/photo/268405/image/large-0fe4b56c7fa5bf4533eb5955ddd1c1c0.jpg" data-gid="gid://syiq/Photo/268405">Sanlorenzo</a> CEO Massimo Perotti stated: "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> propels <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> into high gear on our 'Road to 2030.' As pioneers in sustainable yachting, we are at the forefront of applied research into carbon-neutral technologies, utilising green hydrogen and methanol. In synergy with Swan's already sustainable sailing yachts, our combined product development efforts will target a new market segment that does not currently exist. The merger of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, each with its exclusive, limited offerings aimed at a discerning clientele and with no overlap in product portfolios, will establish a unique yachting hub unlike any other, featuring the best of both motor and sailing yachts.”Transaction terms:&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has agreed to acquire 100% of the shares of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Group from Sawa, a company owned by Chairman of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Leonardo Ferragamo, The transaction is structured in two distinct phases: <ul><li>First Closing: Sanlorenzo will purchase 60% of the shares shortly after the signing of the Binding Agreement. This tranche is priced at €48.5 million, reflecting the pro-rata share of an agreed Equity Value of €80.9 million. This valuation is based on an Enterprise Value (EV) of €90.0 million, with an Adjusted Net Financial Position (NFP) as of December 31, 2023, amounting to €9.1 million.</li><li>Second Closing: Scheduled for April 30, 2028, this phase involves acquiring the remaining 40% of shares. The valuation for this tranche will be the higher of the First Closing Equity Value or an equity valuation derived from a 9x EV/EBITDA multiple, based on the financial results for FY2027.</li></ul>Payment Terms&nbsp;For each closing, the agreed payment terms stipulate that two-thirds will be paid in cash and one-third in <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> shares. These shares will be issued through a capital increase, specifically excluding pre-emptive rights, a provision reserved for Sawa unless unforeseen technical difficulties prevent timely execution. The pricing of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> shares will be determined by the average of the closing stock market prices over the 30 days preceding the respective closing.The agreement includes several conditions precedent that Sawa must satisfy between the signing of the agreement and the First Closing, all in favour of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.Following the acquisition, Massimo Perotti will continue as CEO, with Giovanni Pomati serving as co-CEO of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a>. Leonardo Ferragamo will maintain his position as Chairman of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, ensuring leadership continuity and stability.Leonardo Ferragamo, Chairman of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, commented: "For the past 26 years, alongside many dedicated individuals, we have transformed this iconic shipyard into a globally recognised brand synonymous with quality, elegance, and reliability—hallmarks of Nautor Swan. This includes four distinct yacht lines, comprehensive services, and global sports management, as well as the establishment of ClubSwan, a yacht club that unites our owners and enthusiasts who cherish the values Swan upholds. Today, my aim is to ensure the brand's enduring legacy by entrusting it to a leading luxury yachting group headed by Massimo Perotti, one of the sector's most visionary entrepreneurs. This partnership will maximise our collective achievements, and maintaining a significant minority share allows me to continue imparting our culture, knowledge, and experience, benefiting our employees, over 2,300 Swan owners worldwide, and those aspiring to join our community."

Sanlorenzo to buy Nautor Swan

The 39.8-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/356" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Lucy39.8m (130'7&quot;)Heesen Yachts2001">Lady Lucy</a> is currently on the market with Jeremy Comport and Jack Gradus of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>. The <a href="https://www.superyachttimes.com/yachts/lady-lucy/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Lady Lucy for sale</a> has benefitted from upgrades and maintenance over the years, leaving her in great condition for her new owner.<img src="https://photo-assets.superyachttimes.com/photo/331879/image/large-bda276fd6680779af9de1e96ad509b15.png" data-gid="gid://syiq/Photo/331879">Delivered in 2001, <a data-gid="gid://syiq/Yacht/356" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Lucy39.8m (130'7&quot;)Heesen Yachts2001">Lady Lucy</a> features exterior design by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>, while her interior and naval architecture were penned by her Dutch builder <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>. First launched as Jangada, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has since passed through the hands of numerous experienced yachtsmen who have maintained her to a high standard.<img src="https://photo-assets.superyachttimes.com/photo/331890/image/large-54d6d35b069bc161987461dd119e06bd.png" data-gid="gid://syiq/Photo/331890"><a data-gid="gid://syiq/Yacht/356" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Lucy39.8m (130'7&quot;)Heesen Yachts2001">Lady Lucy</a>’s interior showcases a refined and elegant design, pairing light furnishings with dark wood to create a timeless aesthetic. The abundance of large windows invites natural light into every space, allowing guests to enjoy stunning ocean views.<img src="https://photo-assets.superyachttimes.com/photo/331889/image/large-84e0af4d2198bcedca44c996e60a27d0.png" data-gid="gid://syiq/Photo/331889"><img src="https://photo-assets.superyachttimes.com/photo/331891/image/large-3e82e165e97b9ef43e6472ffe6395bd5.png" data-gid="gid://syiq/Photo/331891">In the main saloon of the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>, warm lighting and plush seating create a welcoming atmosphere, perfect for unwinding after a day at sea. For ease of access, she is equipped with an elevator connecting all three decks, ensuring convenience for everyone onboard.<a data-gid="gid://syiq/Yacht/356" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Lucy39.8m (130'7&quot;)Heesen Yachts2001"><img src="https://photo-assets.superyachttimes.com/photo/331892/image/large-4ad5b3bbe81a368b92c1310375fd596d.png" data-gid="gid://syiq/Photo/331892"><img src="https://photo-assets.superyachttimes.com/photo/331894/image/large-61237210a967a8773591033f53ecd31b.png" data-gid="gid://syiq/Photo/331894"><img src="https://photo-assets.superyachttimes.com/photo/331897/image/large-7b97150ed185efee5a1ee0ecec3f4dbd.png" data-gid="gid://syiq/Photo/331897">Lady Lucy</a> offers accommodation for up to eight guests across four spacious staterooms, each designed for maximum comfort. She also has space for seven crew members, ensuring a seamless and luxurious experience for all guests onboard.<img src="https://photo-assets.superyachttimes.com/photo/331885/image/large-5243ce295d99af41363f755c5d59e079.png" data-gid="gid://syiq/Photo/331885"><img src="https://photo-assets.superyachttimes.com/photo/331883/image/large-f06e8c05525b3cfb6e6cea6a911129cf.png" data-gid="gid://syiq/Photo/331883"><img src="https://photo-assets.superyachttimes.com/photo/331878/image/large-9d744a6b46313e0ea248179994292e02.png" data-gid="gid://syiq/Photo/331878"><a data-gid="gid://syiq/Yacht/356" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Lucy39.8m (130'7&quot;)Heesen Yachts2001">Lady Lucy</a> boasts a striking exterior design with numerous spaces for dining and lounging. Her sundeck features a Jacuzzi, a six-seater cocktail bar, and an alfresco dining area, complemented by a cosy U-shaped sofa, providing the perfect spot for sunbathing and socialising.<img src="https://photo-assets.superyachttimes.com/photo/331887/image/large-bcbbd4ee653ba5c53c7e2c65c2549c90.png" data-gid="gid://syiq/Photo/331887"><img src="https://photo-assets.superyachttimes.com/photo/331888/image/large-4f512fd169f441fac912e9bd82d792a8.png" data-gid="gid://syiq/Photo/331888"><img src="https://photo-assets.superyachttimes.com/photo/331903/image/large-68519508f342d35d13f0e594b6f96704.png" data-gid="gid://syiq/Photo/331903">In terms of performance, the <a href="https://www.superyachttimes.com/yachts/heesen/for-sale" rel="noopener noreferrer" target="_blank" title="">Heesen yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a top speed of 14.5 knots and a cruising speed of 12.5 knots.<img src="https://photo-assets.superyachttimes.com/photo/256034/image/large-52a1417c6f1115add5038faf809cb1e2.jpeg" data-gid="gid://syiq/Photo/256034">

40m Heesen yacht Lady Lucy for sale

The 39.8-metre Heesen superyacht Lady Lucy is currently on the market with Ocean Independence. 

40m Heesen superyacht Lady Lucy for sale

Following her recent delivery and her world debut 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> last month, new images of the first 27.75-metre flagship <a data-gid="gid://syiq/Company/2612" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Otam (Company)">Otam</a> 90 GTS sport boat yacht <a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024">Sexy Me</a> have been unveiled. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/331858/image/large-ad2c1c0601e587116800bc06071179e8.jpg" data-gid="gid://syiq/Photo/331858"><img src="https://photo-assets.superyachttimes.com/photo/331980/image/large-d263e7d9a7b292770f11e50e6472b5a6.jpg" data-gid="gid://syiq/Photo/331980"><a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024">Sexy Me</a> features waterlines designed by <a data-gid="gid://syiq/Company/1212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umberto Tagliavini - Marine Design & Services (Company)">Umberto Tagliavini</a> and Aldo Scorzoni Marine Design &amp; Service, as well as an athletic exterior silhouette penned by Giuseppe Bagnardi of the <a data-gid="gid://syiq/Company/6314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BG Design Firm (Company)">BG Design Firm</a>.<img src="https://photo-assets.superyachttimes.com/photo/331861/image/large-3380ffd7217524fc5bbb4d0e60c693a6.jpg" data-gid="gid://syiq/Photo/331861"><img src="https://photo-assets.superyachttimes.com/photo/331973/image/large-0837b2b46baf42945e990f30220614a5.jpg" data-gid="gid://syiq/Photo/331973">“Celebrating our 70th anniversary with a project like the <a data-gid="gid://syiq/Company/2612" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Otam (Company)">Otam</a> 90 GTS and with a client so decisive in their requests has been the best gift we could receive," commented Matteo Belardinelli, Sales and Communication Manager at <a data-gid="gid://syiq/Company/2612" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Otam (Company)">Otam</a>. <img src="https://photo-assets.superyachttimes.com/photo/331862/image/large-1bad902d0308acfb6b7546ec5a930f05.jpg" data-gid="gid://syiq/Photo/331862">The yacht is powered by twin 600-horsepower <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, Arneson surface propellers, and a hull meticulously designed by <a data-gid="gid://syiq/Company/1212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umberto Tagliavini - Marine Design & Services (Company)">Umberto Tagliavini</a> and Aldo Scorzoni of <a data-gid="gid://syiq/Company/1212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Umberto Tagliavini - Marine Design & Services (Company)">Marine Design &amp; Services</a>. During her sea trials off the coast of Cannes, the Italian-built yacht <a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024">Sexy Me</a> reached a top speed of 45.4 knots, which is 3.4 knots faster than her contractual top speed of 42 knots. <img src="https://photo-assets.superyachttimes.com/photo/331869/image/large-10135dbacf6e97f842bab7ceec1b6643.jpg" data-gid="gid://syiq/Photo/331869">"It was another opportunity to take on the challenge of customising a very fast boat, where even shifting 50 kilograms from starboard to port can have a significant impact. These are the kinds of challenges that allow us to evolve and grow,” Belardinelli added.<img src="https://photo-assets.superyachttimes.com/photo/331873/image/large-e31c467f818bb90abb56b66e2f3da411.jpg" data-gid="gid://syiq/Photo/331873">According to <a data-gid="gid://syiq/Company/2612" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Otam (Company)">Otam</a>, exceeding the contractual top speed was a particularly special feat, since <a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024">Sexy Me</a> had additional weight onboard compared to her original design, on account of the owner’s requests. This involved the installation of a custom rotating passerelle, stabilisers, a stereo system with a dedicated rack room, and a pervasive use of marble throughout the interiors and exteriors. <img src="https://photo-assets.superyachttimes.com/photo/331866/image/large-fea0a24a8124234a2b62fbbb08fc35cc.jpg" data-gid="gid://syiq/Photo/331866">Other materials found onboard include travertine and marble on the floors and bulkheads, parquet with a 45-degree cut, bronze, and pink-hued marble. The yacht’s eye-catching hull is coated in metallic silver paint with bronze accents, developed by <a data-gid="gid://syiq/Company/1485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Awlgrip (Company)">Awlgrip</a> for the owner especially.<img src="https://photo-assets.superyachttimes.com/photo/331971/image/large-c37e9823af6c9a5e4f09ec426cde9163.jpg" data-gid="gid://syiq/Photo/331971"><a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024">Sexy Me</a> is also defined by her distinctively sporty essence, which is emphasised in the helm console that draws inspiration from racing cars, while the carbon-fibre structure mimics a protective ‘halo’ system employed by racing cars. <img src="https://photo-assets.superyachttimes.com/photo/331963/image/large-ead39dc76cc24e3abb16fc10f90180e6.jpg" data-gid="gid://syiq/Photo/331963">As Belardinelli explained, “We concentrated on a meticulous analysis of weight distribution and the engineering of the superstructure to completely eliminate all support pillars. The expansive structural side windows and the spherical windscreen of the helm create an incredible sense of space onboard, complemented by an internal height of over 2.2-metres. This design ensures perfect visibility even when seated and allows for unobstructed natural light, all of which translates into luxury, design, and an enhanced quality of life.”<img src="https://photo-assets.superyachttimes.com/photo/331961/image/large-6ec71371518894d96d36f9a3d0a81b07.jpg" data-gid="gid://syiq/Photo/331961"><a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024"><img src="https://photo-assets.superyachttimes.com/photo/331949/image/large-e40904ee81077520e28010e0e79e1549.jpg" data-gid="gid://syiq/Photo/331949">Sexy Me</a>’s full custom interior layout consists of three ensuite staterooms below deck, comprising a full-beam owner’s suite, a VIP suite, and a third guest stateroom, as well as a lounge with an office rack room for the stereo system.<img src="https://photo-assets.superyachttimes.com/photo/331937/image/large-b788153445b074e468654ac4fceb8706.jpg" data-gid="gid://syiq/Photo/331937"><img src="https://photo-assets.superyachttimes.com/photo/331945/image/large-c7cd384f8ba0d3dd3cf30f9a5703b970.jpg" data-gid="gid://syiq/Photo/331945"><img src="https://photo-assets.superyachttimes.com/photo/331944/image/large-2cd64af5382e12329fe7f1c41ddcbe0a.jpg" data-gid="gid://syiq/Photo/331944">As for the main deck, guests benefit from a cockpit with a hard top, while the aft area contains an expansive sunbathing space and bathing platform. Forward is a spacious dinette with a relaxation and dining space within easy access on account of the side walkways.<img src="https://photo-assets.superyachttimes.com/photo/331938/image/large-e2d7b06cbffeffec5e934cad4f888550.jpg" data-gid="gid://syiq/Photo/331938"><img src="https://photo-assets.superyachttimes.com/photo/331941/image/large-5fc35ce87b6beeb769b075a14b163dca.jpg" data-gid="gid://syiq/Photo/331941"><img src="https://photo-assets.superyachttimes.com/photo/331935/image/large-129a13d84961eb86817777b5b5c7c081.jpg" data-gid="gid://syiq/Photo/331935">“This is a comprehensive project, an exceptionally versatile series available in three variants: GTS, HT and T-TOP, featuring an elegant and balanced design that is intended to stand the test of time,” said Belardinelli. “It can accommodate a wide array of diverse requests, thanks to a foundational engineering approach that is truly unmatched.”<img src="https://photo-assets.superyachttimes.com/photo/331932/image/large-78f4c4a35c34c0cbf36afad6a58fcb4e.jpg" data-gid="gid://syiq/Photo/331932"><img src="https://photo-assets.superyachttimes.com/photo/331918/image/large-af025ed52272b09d6f68ed34e4faa6a5.jpg" data-gid="gid://syiq/Photo/331918"><img src="https://photo-assets.superyachttimes.com/photo/331907/image/large-2132ca3adc68be4f6c1c68c42e09e9e5.jpg" data-gid="gid://syiq/Photo/331907">Although <a data-gid="gid://syiq/Yacht/12249" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sexy Me27.75m (91'1&quot;)Otam2024">Sexy Me</a> showcases a GTS version of the <a data-gid="gid://syiq/Company/2612" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Otam (Company)">Otam</a> 90 series, another possible configuration is the HT version, which entails a closed main deck and the forthcoming T-Top variant. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/331905/image/large-f274546e7fa60dc87fd9e2ca82e6f99f.jpg" data-gid="gid://syiq/Photo/331905"><img src="https://photo-assets.superyachttimes.com/photo/331909/image/large-77422fc6a1389b2b83339992e2dfd12a.jpg" data-gid="gid://syiq/Photo/331909"><img src="https://photo-assets.superyachttimes.com/photo/331911/image/large-d206a47fce14695978236c6f815e7da0.jpg" data-gid="gid://syiq/Photo/331911">“I also want to extend the compliments and praise we received during our debut 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 sea trials to all our employees and artisans,” concluded Belardinelli.<img src="https://photo-assets.superyachttimes.com/photo/331957/image/large-bf1ea7d9f5fb709c0ee546cb7884f891.jpg" data-gid="gid://syiq/Photo/331957">

Onboard 28m Otam 90 GTS yacht Sexy Me 

New images of the first 27.75-metre Otam 90 GTS yacht Sexy Me have been unveiled.  


Onboard first 28m flagship Otam 90 GTS sport boat yacht Sexy Me 

The 36.88-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> motor yacht <a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998">Dardanella</a> sold in a deal with Max Bulley of <a data-gid="gid://syiq/Company/259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y.CO (Company)">Y.CO</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/299028/image/large-70b4caa5ad39025627f3f360be9f5310.jpeg" data-gid="gid://syiq/Photo/299028">Delivered in 1998, <a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998">Dardanella</a> was built by Netherlands-based shipyard <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> and is a proven explorer yacht that has navigated to some of the remotest corners of the Pacific over the years. Designed in full by <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, she boasts a shallow draft and an internal volume of 283 GT.<a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998"><img src="https://photo-assets.superyachttimes.com/photo/299020/image/large-0531f90d23fc4a5529df92f89cdcb605.jpeg" data-gid="gid://syiq/Photo/299020"><img src="https://photo-assets.superyachttimes.com/photo/299019/image/large-e117b2fda5f2ed6f69afa8acf84236bf.jpeg" data-gid="gid://syiq/Photo/299019">Dardanella</a> features an open-plan main saloon with a sumptuous L-shaped seating and a dining area forward, with seating for up to six guests. She is a floating homage to the oceans, and was purpose-built to explore.<a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998"><img src="https://photo-assets.superyachttimes.com/photo/302076/image/large-e790709838f44136e228e18cbc1488c4.jpg" data-gid="gid://syiq/Photo/302076"><img src="https://photo-assets.superyachttimes.com/photo/302088/image/large-6e5de0d5d46529f26a4757bf47728417.jpg" data-gid="gid://syiq/Photo/302088">Dardanella</a> can comfortably accommodate up to 12 guests in five cosy staterooms, including her full-beam master suite with twin bathrooms, a lounge and a private office space. Her remaining guest staterooms consist of four twins, all with ensuite bathrooms.Read:&nbsp;<a data-gid="gid://syiq/Article/59760" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard 37m Vitters superyacht Dardanella (2024-02-19 10:30:00 +0100)">Onboard 37m Vitters superyacht Dardanella</a><img src="https://photo-assets.superyachttimes.com/photo/302081/image/large-8ebf03c702018ce499170a3689dbfd57.jpg" data-gid="gid://syiq/Photo/302081">In addition to this, the exterior decks of <a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998">Dardanella</a> have been designed with entertainment in mind. There is plenty of space for alfresco dining, yoga sessions or workouts, and relaxation, as well as the addition of a Jacuzzi and sunpads.<img src="https://photo-assets.superyachttimes.com/photo/299026/image/large-f2d17e056e145181f911ff985e7898e8.jpeg" data-gid="gid://syiq/Photo/299026">In terms of performance, <a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998">Dardanella</a> is equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, providing her with a range of 5,400 nautical miles at nine knots and the capacity to cruise for long periods of time at sea.At the time of her sale, <a data-gid="gid://syiq/Yacht/137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dardanella37.0m (121'5&quot;)Vitters Shipyard1998">Dardanella</a> had a last known asking price of $7,200,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/289509/image/large-292f5573171a4b033e5be399239a6446.jpg" data-gid="gid://syiq/Photo/289509">

37m Vitters yacht Dardanella sold

The 36.88-metre Vitters motor yacht Dardanella sold, with a last known asking price of $7,200,000.

37m Vitters motor yacht Dardanella sold

<a data-gid="gid://syiq/Company/1749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago Yachts (Company)">Archipelago Yachts</a> has announced that construction of their 24-metre explorer yacht <a data-gid="gid://syiq/Yacht/14252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago 8024.0m (78'9&quot;)Archipelago Expedition Yachts2025">Archipelago 80</a> is officially underway. The <a data-gid="gid://syiq/Yacht/14252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago 8024.0m (78'9&quot;)Archipelago Expedition Yachts2025">Archipelago 80</a>’s aluminium fabrication is nearing completion and she is due to begin her systems installation next, with delivery slated for the second quarter of 2025. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/311328/image/large-d1e58939e3e100d5e01496209a0d2768.jpg" data-gid="gid://syiq/Photo/311328">“We are thrilled to see the Archipelago 80 come to life,” commented Dr Stephen Weatherley, Founder of <a data-gid="gid://syiq/Company/1749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago Yachts (Company)">Archipelago Yachts</a>. The build process is being carried out at a shipyard in Vietnam, under the management of Odisea Yachts, who is collaborating in partnership with <a data-gid="gid://syiq/Company/1749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago Yachts (Company)">Archipelago Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/327930/image/large-f246ab79177d2adce9ff3cc239c0d030.jpeg" data-gid="gid://syiq/Photo/327930">“This project has been a labour of love, and we are confident that it will exceed the expectations of our discerning clientele. Every detail of the <a data-gid="gid://syiq/Yacht/14252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago 8024.0m (78'9&quot;)Archipelago Expedition Yachts2025">Archipelago 80</a> has been meticulously planned and executed to ensure it offers unparalleled luxury and an unforgettable yachting experience,” Weatherley added. <img src="https://photo-assets.superyachttimes.com/photo/311327/image/large-e64f0d1d72bc8223e7212ac272490f97.jpg" data-gid="gid://syiq/Photo/311327">Read: <a data-gid="gid://syiq/Article/60445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Introducing the new 24m Archipelago 80 explorer yacht (2024-05-14 12:45:00 +0200)">Introducing the new 24m Archipelago 80 explorer yacht</a>Featuring naval architecture by UK-based <a data-gid="gid://syiq/Company/7865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chartwell Marine Ltd (Company)">Chartwell Marine</a>, the <a data-gid="gid://syiq/Yacht/14252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago 8024.0m (78'9&quot;)Archipelago Expedition Yachts2025">Archipelago 80</a> is characterised by modern amenities and customised interiors offering ample living space, lavish staterooms, and a panorama of ocean vistas. <img src="https://photo-assets.superyachttimes.com/photo/331760/image/large-4b8ca93fadc0e573a4d937e76dacb1c9.jpeg" data-gid="gid://syiq/Photo/331760">Meanwhile, the explorer yacht’s exteriors feature striking, timeless lines across her contemporary exterior profile. The <a data-gid="gid://syiq/Yacht/14252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago 8024.0m (78'9&quot;)Archipelago Expedition Yachts2025">Archipelago 80</a> yacht is due to be completed in the next six months, with a delivery date of 2025.<img src="https://photo-assets.superyachttimes.com/photo/311325/image/large-74c66319b79eb899650862b5db012546.jpg" data-gid="gid://syiq/Photo/311325">

24m explorer yacht Archipelago 80 in-build

Archipelago Yachts has announced that construction of their 24-metre explorer yacht Archipelago 80 is officially underway. 


24m explorer yacht Archipelago 80 in construction 

The 26.82-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 27 Metri motor yacht <a data-gid="gid://syiq/Yacht/14151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="4 Play26.82m (87'12&quot;)Azimut Yachts2021">4 Play</a> is on the market with Jordan Preusz of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>. <img src="https://photo-assets.superyachttimes.com/photo/324438/image/large-116b4779abf2729a440ec6c6d013e42c.jpg" data-gid="gid://syiq/Photo/324438">Delivered in 2021 by her Italian shipyard, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design created by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, interiors conceived <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>, and naval architecture crafted in-house by <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/324445/image/large-00368069588f3a79444ee116c512b871.jpg" data-gid="gid://syiq/Photo/324445"><img src="https://photo-assets.superyachttimes.com/photo/324464/image/large-e7c8ae6e3163453b63917b8056c69e68.jpg" data-gid="gid://syiq/Photo/324464">With a volume of 145 GT and a beam of 6.59-metres, the <a href="https://www.superyachttimes.com/yachts/4-play/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht 4 Play for sale</a> is capable of hosting as many as eight guests across a five stateroom layout, consisting of an on-deck master suite and four guest staterooms on the lower deck. <img src="https://photo-assets.superyachttimes.com/photo/324466/image/large-0c91c3b98e1fb71bcedae4e96613177b.jpg" data-gid="gid://syiq/Photo/324466"><img src="https://photo-assets.superyachttimes.com/photo/324467/image/large-b6ac8c10fdf3f154ecd0dc957452f83f.jpg" data-gid="gid://syiq/Photo/324467"><img src="https://photo-assets.superyachttimes.com/photo/324465/image/large-c111379aedc62ac1990bdd17bf381ffc.jpg" data-gid="gid://syiq/Photo/324465">The <a href="https://www.superyachttimes.com/yachts/azimut/for-sale" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a>’s interior decor has recently been upgraded, and now boasts custom-made furniture along with custom linens for each stateroom. Upon entering the convivial saloon, guests are greeted by a custom blue sectional sofa and expansive floor-to-ceiling windows, which flood the space with natural light. <img src="https://photo-assets.superyachttimes.com/photo/324446/image/large-8000efcbec8a7d1ab1431a0b5e12868e.jpg" data-gid="gid://syiq/Photo/324446">The saloon is also embellished with light walls and accented with dark woods for a timeless aesthetic. As well as featuring a sectional, the hub contains a loveseat and two armchairs to starboard, ensuring that large social gatherings can be hosted. <img src="https://photo-assets.superyachttimes.com/photo/324448/image/large-13ec61039cc71b08db0f7f416ec8fa53.jpg" data-gid="gid://syiq/Photo/324448"><img src="https://photo-assets.superyachttimes.com/photo/324446/image/large-8000efcbec8a7d1ab1431a0b5e12868e.jpg" data-gid="gid://syiq/Photo/324446">Outside, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>’s extensive refit means she now benefits from a new Jacuzzi on her flybridge, a separate propane grilling station, an ice maker and alkaline water dispenser in the cockpit. <img src="https://photo-assets.superyachttimes.com/photo/324459/image/large-50de3f8d559f667aadaec7426b0de98e.jpg" data-gid="gid://syiq/Photo/324459"><a data-gid="gid://syiq/Yacht/14151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="4 Play26.82m (87'12&quot;)Azimut Yachts2021"><img src="https://photo-assets.superyachttimes.com/photo/324458/image/large-ddc62282dbc82fbe43768eaa750eb85a.jpg" data-gid="gid://syiq/Photo/324458">4 Play</a>’s cockpit further includes a roomy U-shaped seating area for eight to 10 people to relax, in the presence of a sunscreen that drops behind for maximum privacy. <img src="https://photo-assets.superyachttimes.com/photo/324444/image/large-b6d93cb93af5ef74704e417bfe383c1f.jpg" data-gid="gid://syiq/Photo/324444">Performance-wise, <a data-gid="gid://syiq/Yacht/14151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="4 Play26.82m (87'12&quot;)Azimut Yachts2021">4 Play</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that propel her to a cruising speed of 18 knots and a top speed of 25 knots. <img src="https://photo-assets.superyachttimes.com/photo/324443/image/large-580d3683ae46ac720a89d8565cf19a8b.jpg" data-gid="gid://syiq/Photo/324443">

27m Azimut yacht 4 Play for sale 

The 26.82-metre Azimut Grande 27 Metri motor yacht 4 Play is on the market with Jordan Preusz of Denison Yachting. 


27m Azimut Grande 27 Metri yacht 4 Play for sale 

The UAE is poised to make a substantial direct investment in a new megaproject along Egypt's Mediterranean coast, reports local media. Centred on the development of the new city at Ras El Hekma, the initiative features a master plan that includes the construction of five marinas.<img src="https://photo-assets.superyachttimes.com/photo/331759/image/large-79d4d5a04f70da6e9a26067c4acec081.jpg" data-gid="gid://syiq/Photo/331759">Read: <a data-gid="gid://syiq/Article/61629" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Major changes announced for the Gulf Superyacht Summit (2024-10-04 12:15:00 +0200)">Major changes announced for the Gulf Superyacht Summit</a>The project, with an estimated cost of $110 billion, is designed to accommodate two million residents and is expected to generate 750,000 jobs, boosting the local economy and infrastructure.The UAE Ministry of Investment has also announced the involvement of several Emirati companies in the expansion and growth plan for the project. ADQ, an Abu Dhabi-based investment and holding group, has appointed Modon Holding, a leading real estate developer, as the master planner. The megaproject aims to capitalise on its strategic location on the Mediterranean, focusing on key areas such as economic development, investment, real estate, and tourism.The original agreement between the UAE and Egypt for the Ras El Hekma project was signed in February of this year. The new city is located approximately 350 kilometres northwest of Cairo and spans 170 million square-metres in the Matrouh Governorate. Of this, 12 million square-metres will be dedicated to retail, entertainment, and leisure facilities.

UAE set to make major investment in Egyptian coastal megaproject

The UAE is poised to make a substantial direct investment in a new megaproject along Egypt's Mediterranean coast.  

ISA Yachts has announced a new 45-metre explorer yacht model, the ISA Voyager 45. This model &nbsp;features exterior and interior design by <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Enrico Gobbi – Team for Design</a>, along with naval architecture penned in-house by the Italian shipyard. <img src="https://photo-assets.superyachttimes.com/photo/331738/image/large-ca90165212f5ac9a887efa0a8810910b.jpg" data-gid="gid://syiq/Photo/331738"><img src="https://photo-assets.superyachttimes.com/photo/331733/image/large-d0ccbcdf2b8f3dec81175afecadc1beb.jpg" data-gid="gid://syiq/Photo/331733">Described as simultaneously “aggressive”, “powerful” and “elegant” by <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a>, the ISA Voyager 45 is developed for owners with a passion for sea exploration. Composed of a steel hull and an aluminium superstructure, the 45-metre superyacht has a beam of 9.34-metres and a 2.6-metre draft, as well as a volume of 445 GT.<img src="https://photo-assets.superyachttimes.com/photo/331740/image/large-53d1d60de6540ffd74d5de2fffd1d176.jpg" data-gid="gid://syiq/Photo/331740"> <img src="https://photo-assets.superyachttimes.com/photo/331737/image/large-b415f54e92e2ae6bdcc58ef6b9074608.jpg" data-gid="gid://syiq/Photo/331737">The superyacht’s superstructure has been moved forward in order to open up the aft deck to several possible configurations. A 4.5-metre stern pool can be added to the aft section in combination with a six-metre tender and lounge area furnished with freestanding furniture. Meanwhile, the crane for deploying the tender is hidden in the side handrail so that it does not disrupt the overall exterior aesthetic.<img src="https://photo-assets.superyachttimes.com/photo/331734/image/large-d4e5684845a96438e4c103a4ba911c66.jpg" data-gid="gid://syiq/Photo/331734"><img src="https://photo-assets.superyachttimes.com/photo/331746/image/large-0e376a0fa9581555f37bc360dbedcfd7.jpg" data-gid="gid://syiq/Photo/331746">The spacious stern beach club decked out with chaise lounges, a hammam, gym, and bathroom with shower, can be accessed via two stairways. Ceiling windows round off the beach club by providing an influx of natural light through the swimming pool located above.<img src="https://photo-assets.superyachttimes.com/photo/331747/image/large-392beea37afb43e58acca87bdf7ebfb1.jpg" data-gid="gid://syiq/Photo/331747"><img src="https://photo-assets.superyachttimes.com/photo/331735/image/large-14da48ca0d56e2ecd36c68d7054cf3cf.jpg" data-gid="gid://syiq/Photo/331735">From an outside perspective, the exterior profile consists of a champagne and pearly white colours, while the charcoal grey roll bar merges with the wheelhouse for an cohesive appearance.<img src="https://photo-assets.superyachttimes.com/photo/331745/image/large-d5e9772a99ff93f5c07427dd173fdc6b.jpg" data-gid="gid://syiq/Photo/331745"><img src="https://photo-assets.superyachttimes.com/photo/331743/image/large-05ed65cb1cb08d97e4cf61caf3602cff.jpg" data-gid="gid://syiq/Photo/331743"><img src="https://photo-assets.superyachttimes.com/photo/331736/image/large-532e5c3e256ef95ef4a41c25cfc143e8.jpg" data-gid="gid://syiq/Photo/331736">Notable details of the ISA Voyager 45’s indoor living spaces include a glass wall in her lounge, flush doors and ceilings, along with generous pocket-opening windows, or the black frieze on the wall to conceal the hollow of cable guides.<img src="https://photo-assets.superyachttimes.com/photo/331748/image/large-87dd20433c444433179ed4965e107ff6.jpg" data-gid="gid://syiq/Photo/331748"><img src="https://photo-assets.superyachttimes.com/photo/331751/image/large-92eb7b708b542087070002bfa5ba1b92.jpg" data-gid="gid://syiq/Photo/331751">Additionally, light woods and leather accents, coupled with ocean blue tints, further enhance the interiors. The ISA Voyager 45’s main deck saloon leads onto a lounge area containing sofas, armchairs, and a dining table that seats up to 10 guests.<img src="https://photo-assets.superyachttimes.com/photo/331755/image/large-01f4012c7d50f569de297412956c1a1f.jpg" data-gid="gid://syiq/Photo/331755"><img src="https://photo-assets.superyachttimes.com/photo/331754/image/large-4381929b26d369ffa57973b4a228a0b7.jpg" data-gid="gid://syiq/Photo/331754">Where accommodation is concerned, the master suite is situated forward on the main deck, and boasts both an office and ensuite bathroom with double sinks and a shower. Remaining guests are hosted below deck across four double staterooms.<img src="https://photo-assets.superyachttimes.com/photo/331750/image/large-80d1d95ca1492315e3124a911af553ae.jpg" data-gid="gid://syiq/Photo/331750"><img src="https://photo-assets.superyachttimes.com/photo/331752/image/large-c199e1a0b011f5f115d5bcb49744038d.jpg" data-gid="gid://syiq/Photo/331752"><img src="https://photo-assets.superyachttimes.com/photo/331749/image/large-8cb111ba803b78cd4f6be68da7832669.jpg" data-gid="gid://syiq/Photo/331749">Moving to the upper deck, guests are welcomed by an L-shaped sofa, armchair, and expansive screen, while additional entertainment is available on the sundeck, which has a seating arrangement at the stern and a semi-circular sofa. On the starboard side is another dining area for 10 people, mirrored by the bar. Moreover, two other structural sofas can be found towards the bow.<img src="https://photo-assets.superyachttimes.com/photo/331756/image/large-fdba4a3c78f9314bb42f5f566e255c70.jpg" data-gid="gid://syiq/Photo/331756">Performance-wise, the ISA Voyager 45 is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 12 knots and a top speed of 14 knots. When cruising at a speed of 10 knots, she has a lengthy range of 5,500 nautical miles. <img src="https://photo-assets.superyachttimes.com/photo/331732/image/large-e32680c98de650d1787695366e30006e.jpg" data-gid="gid://syiq/Photo/331732">

ISA Yachts’ new ISA Voyager 45m yacht model 

ISA Yachts has announced a new 45-metre explorer yacht model, the ISA Voyager 45m.


ISA Yachts unveils new ISA Voyager 45m explorer yacht model 

The superyacht industry is often portrayed by mainstream media as slow to innovate or adapt to environmental challenges. However, this perspective overlooks numerous initiatives and organisations at various levels, from international to local, that actively facilitate a more sustainable approach among all stakeholders within the industry.<img src="https://photo-assets.superyachttimes.com/photo/237001/image/large-34661eb661037cedcc9fa816ea2839c9.jpg" data-gid="gid://syiq/Photo/237001">Stakeholders in the superyacht industry have been actively involved in promoting and implementing sustainability projects through regulatory compliance across various aspects, from cruising operations to construction infrastructure and supply chains. The following sections detail the leading organisations such as the Sea Index, the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> and YETI and their projects, highlighting their active role in promoting a sustainable future.International Maritime OrganisationIn 2016, the United Nations' International Maritime Organisation (IMO) implemented Tier III of the IMO NOx regulations, aimed at significantly reducing nitrogen oxide emissions (NOx) from vessels. These stringent regulations call for a reduction of approximately 70 percent in NOx emissions compared to the Tier II standards, marking a substantial step towards environmental stewardship.For the superyacht sector, the implications of these regulations are profound. Starting from 1 January 2016, every large yacht exceeding 500 gross tonnes and equipped with diesel engines over 130 kW has been required to comply with these rigorous standards. In 2021, the scope of these regulations broadened further, encompassing yachts under 500 gross tonnes but over 24-metres in length overall (LOA). This expansion ensures a wider application of the environmental standards, pushing the superyacht industry towards broader compliance and enhanced sustainability efforts.Superyacht Eco Association IndexIn 2020, Credit Suisse and the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a> introduced a significant innovation with the launch of the Superyacht Eco Association (SEA) Index. Developed in partnership with <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a>, the SEA Index is designed to measure and rate the environmental impact of superyachts, spanning areas such as propulsion systems, energy recovery, and waste management. This initiative marks a pivotal step toward transparency and accountability in the industry, providing a robust tool for assessing air pollution emitted by these luxury vessels. The Index aspires to evolve into a globally recognized standard, offering ecological ratings that could inspire a broader commitment to sustainability across the industry.The SEA Index operates as an online, customisable tool that allows yacht owners and industry stakeholders to perform 'no obligation' self-assessments of their emissions. If these assessments meet the SEA Index's stringent criteria, owners can then opt for an official audit to obtain a SEA Flag and an SEA rating. Such features underscore the Index's role not only as a benchmarking tool but also as a catalyst for change, pushing for lower emissions and cleaner operations. The initial launch was met with enthusiasm, as it provided yacht owners with a clear insight into the environmental efficiency of their vessels, evaluated on a 0-5 scale. This transparency is crucial in an industry often scrutinised for its environmental footprint.Recognising the need for wider applicability and greater inclusivity, the SEA Index expanded its scope in subsequent phases. The second phase saw a collaboration with <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyd’s Register</a> to incorporate more propulsion systems and alternative fuels, broadening the assessment criteria to accommodate a greater variety of yachting operations. The third phase further advanced the project by including smaller yachts, specifically those below 400 Gross Tonnage and over 25 metres in length, thereby covering a larger segment of the industry.Most recently, in 2024, the SEA Index expanded its reach to marina operations. It has been deployed in 15 marinas located in strategic yachting hubs like Menton, Saint-Tropez, and Bonifacio in Corsica. This move not only amplifies the Index's impact but also aligns with broader environmental goals, helping marina operators and yacht owners alike to gauge and subsequently reduce their carbon emissions. As the SEA Index continues to set new standards for sustainability, it offers a promising path forward for the yachting industry, one that aligns luxury with environmental responsibility.<img src="https://photo-assets.superyachttimes.com/photo/119359/image/large-1fae816de8b77f36e3d1ab53bc6299b0.jpg" data-gid="gid://syiq/Photo/119359"><a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>&nbsp;and Yacht Environmental Transparency IndexAnother organisation at the forefront of promoting environmentally sustainable practices within the industry is the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>. Established at The Superyacht Forum in 2018 by a group of industry leaders, the Foundation aims to foster collaborative efforts among stakeholders to enhance sustainability in the industry.The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> adopts a constructive and collaborative approach, aligning with international scientific and institutional agendas. It equips the superyacht industry with essential tools, knowledge, and best practices. Serving as a central platform, the Foundation facilitates the industry's shift towards minimising its ecological impact, working in strategic alignment with high-level international bodies, including the United Nations and UNESCO.Among the initiatives introduced by the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> is the Sustainable Yacht Design Taskforce, launched at the <a data-gid="gid://syiq/Event/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2021">Monaco Yacht Show in 2021</a>. The taskforce serves as a collaborative platform where designers and naval architects unite to advance sustainable luxury and leisure for yacht owners. By facilitating the sharing of knowledge, fostering collaboration, and encouraging innovation, the taskforce aims to deeply integrate sustainability into yacht design and operations.In 2024, another project was launched: the first version of the environmental guidelines for crew, officially released by the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>. This comprehensive guide, written for and by crew, provides information and assistance with adopting eco-friendlier behaviour onboard yachts, helping steer the industry towards a more sustainable future.Among the most impactful projects founded by the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> is the Yacht Environmental Transparency Index, commonly known as YETI. On 25 March 2019, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> invited a select group of industry representatives to the <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt</a> offices to introduce this concept. The meeting culminated in a unanimous decision to launch a Joint Industry Project (JIP) under the guidance of the newly established <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.Conceived by Bram Jongepier, a Senior Specialist in Design at <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, YETI is a science-based, data-driven method. It evaluates and compares the environmental impact of yachts using an average operational profile derived from fleet AIS data, providing a quantifiable measure of their environmental credentials.Stakeholders in the superyacht industry are actively advancing sustainability efforts and ensuring that all other actors within the industry cooperate and contribute. The implementation of IMO Tier III regulations, the introduction of the SEA Index, and the influential roles of the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> and the YETI project, showcase a collective commitment to reducing environmental impacts and promoting sustainable practices across all facets of the industryWhile significant challenges remain, substantial efforts are already making a difference. The path forward is promising, with the industry’s dedication to sustainability expected to strengthen further. This ongoing involvement highlights a clear trajectory towards a more sustainable future in the superyacht sector.<img src="https://photo-assets.superyachttimes.com/photo/232872/image/large-2525fa8357ace96f280f69db177277d3.jpeg" data-gid="gid://syiq/Photo/232872">

How the superyacht industry is championing sustainability

The superyacht industry is often portrayed by mainstream media as slow to innovate or adapt to environmental challenges. 

<a data-gid="gid://syiq/Company/7538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christian Oliver Design (Company)">Christian Oliver Design</a> has unveiled the details of the 59-metre superyacht concept, ‘Concept Fifty-Nine’, which features “idyllic exterior proportions” and “teardrop-shaped” hull surfaces, according to the studio. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/331720/image/large-7dea66a7b46ffd5bd6a889d5b28ece1f.png" data-gid="gid://syiq/Photo/331720"><img src="https://photo-assets.superyachttimes.com/photo/331716/image/large-2fa62ee5bb6cdd9c55f28911b207dc37.jpg" data-gid="gid://syiq/Photo/331716">Developed to carry the key features associated with larger vessels, Concept Fifty-Nine boasts an estimated volume of 900 GT. “I feel like the 55 to 60-metre range is often overlooked as many buyers leap over the 500 GT barrier, they immediately move into a boat over 60-metres,” designer <a data-gid="gid://syiq/Company/7538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christian Oliver Design (Company)">Christian Oliver</a> explained.<img src="https://photo-assets.superyachttimes.com/photo/331717/image/large-3c8a552539192d660e821ec1ad97221b.jpg" data-gid="gid://syiq/Photo/331717">In terms of accommodation, Concept Fifty-Nine contains five staterooms on the lower deck, one of which is a full-beam VIP suite. Moreover, an owner’s suite can be found on the main deck and is complete with both a private office and spacious walk-in closet. With a beam of 10.3-metres, the superyacht also has room to host crew members in six cabins on the lower deck, as well as in the captain's cabin on the full walk-around bridge deck. <img src="https://photo-assets.superyachttimes.com/photo/331713/image/large-68c3060d816b1a127ee94608aa5c501d.jpg" data-gid="gid://syiq/Photo/331713">“What makes this project unique is that it was conceived simultaneously as an interior and exterior styling exercise. Rather than build to a governed length, I let the length reveal itself after the spaces were established.”“The idyllic exterior proportions are meant to disguise the wide-beam high-volume shape with a timeless silhouette that also exudes a fresh, modern feel,” <a data-gid="gid://syiq/Company/7538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christian Oliver Design (Company)">Christian Oliver</a> continued. “The highly sculpted hull surfaces have a teardrop shape inspired by classic runabouts.” <img src="https://photo-assets.superyachttimes.com/photo/331712/image/large-aacab9461b4a19519e06168010b91637.jpg" data-gid="gid://syiq/Photo/331712">One of Concept Fifty-Nine’s most notable traits is her generous aft beach club, with a 1.2-metre deep pool that has the option to be heated up. The pool is situated close to the water level, so that guests can immerse themselves in the surrounding seascape. Meanwhile, the port and starboard integrated seating in the side hulls, bustles for those onboard to unwind.&nbsp;From here, the aft door leads to a vast beach club with a bar at the forward end of the pool, creating a ‘swim-up’ effect. The beach club is also decked out with a fitness area, dayhead, and changing room. Moving to the sundeck, a unique cinema space is fitted with lounge seating, which can rotate to face the screen for cosy movie nights. <img src="https://photo-assets.superyachttimes.com/photo/331715/image/large-abcc84938e682df0928ef976f5ce7009.jpg" data-gid="gid://syiq/Photo/331715">Two 7.3-metre tenders are stored forward on Concept Fifty-Nine’s bow, thereby ensuring there is plenty of aft space for guest entertainment. Expansive window openings are present across all three of the superyacht’s decks for a seamless connection between the interior and exterior.&nbsp;Regarding her performance, Concept Fifty-Nine can reach an estimated cruising speed of 14 knots and a top speed of 16 knots, depending on the propulsion system. “The current engine room position and layout is for a traditional pair of mains, but there is opportunity to use an alternative propulsion method,” <a data-gid="gid://syiq/Company/7538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christian Oliver Design (Company)">Christian Oliver</a> concluded.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/331714/image/large-b8673ed59daad587730f7794efd81265.jpg" data-gid="gid://syiq/Photo/331714">

59m Concept Fifty-Nine yacht by Christian Oliver Design 

Christian Oliver Design has unveiled the details of the 59-metre superyacht concept, ‘Concept Fifty-Nine’. 



Introducing the 59m Concept Fifty-Nine yacht by Christian Oliver Design 

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

ONE°15 Brooklyn Marina files for chapter 11 bankruptcy

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

ONE°15 Brooklyn Marina files for Chapter 11 bankruptcy

SuperYacht Times&nbsp;recently sat down with Founder and Director, Edward Thomas, to discuss his <a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine Yachts &amp; Interiors</a> business and why people should include it on their superyacht.Give us the elevator pitch: What does&nbsp;<a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine&nbsp;Yachts and Interiors</a>&nbsp;do?<a href="#managed-by-system" title="GymMarine (Company)" data-gid="gid://syiq/Company/6329" target="_blank" rel="noopener noreferrer"></a> <a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)"></a><a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine</a> is a specialist retailer and designer of wellness spaces. We design and sell equipment ranging from gym equipment to spa equipment, to well-being equipment such as yoga and Pilates kits. Our origins are in yachting, however, a vast percentage of our work is also on land within the hospitality and residential industries. <img src="https://photo-assets.superyachttimes.com/photo/195372/image/large-c7e3243d3927788f20ee47af792e0c0b.jpg" data-gid="gid://syiq/Photo/195372">What makes&nbsp;<a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine&nbsp;Yachts and Interiors</a>&nbsp;different?&nbsp; We stand out because we are totally independent experts. We work incredibly hard to craft the equipment and designs around the customers to ensure that these are tailored to them and come from an unbiased standpoint in terms of brand and selection. The fitness market is full of the craziest gadgets and fads, but our value proposition is based around crafting extremely useful and sensible spaces that will stand the test of time. All of our customers, no matter what business they’re in, appreciate the superyacht level of service we provide. <img src="https://photo-assets.superyachttimes.com/photo/195365/image/large-61dd6cc33763bfb376af253e5204cd63.jpg" data-gid="gid://syiq/Photo/195365">Tell us your entrepreneur story When I left school, I went and worked as yacht crew for both motor and sailing yachts and finished up as a chief officer. During that time, I found that the service offering for gyms was really light. Between 2010-2013, wellness and health were becoming massive global phenomena and more charter guests and owners were concerned about how they would maintain their wellness regimes on board.&nbsp;You might have a sports star coming on who wanted a treadmill for the trip, and when we got it on board, it wouldn’t be right, or they would barely use it, and then we wouldn’t be sure what to do with it at the end of the charter. Addressing these issues prompted me to start the business in 2014, and we now offer equipment rentals for charter which are phenomenally successful. On a personal level, starting the business was also about wanting a change in lifestyle from being crew, whilst still being able to travel to all the places I want to. <img src="https://photo-assets.superyachttimes.com/photo/195370/image/large-9c02c942a0ce4454e73697ae1a0aee52.png" data-gid="gid://syiq/Photo/195370">Is yachting slow to innovate? Not at all. In the industry, we are blessed with clients who are exceptionally wealthy and are willing to try new things, so we have the opportunity to experiment with new technologies, materials and working methods long before the mainstream marketplace.&nbsp;On the flip side, one of the biggest challenges for us is trying not to look costly. People see yachting and assume we must be really expensive, but we’re not. We don’t charge anything for our consulting service. Our PR firm uses this line which they think is very funny: “The world’s leading gym designer doesn’t charge for his services.” The challenge is innovating and coming up with something that you can’t get anywhere else, without it appearing to be ludicrously expensive. <img src="https://photo-assets.superyachttimes.com/photo/195363/image/large-662dbc2541ac8890e70a9c22a03f4da1.jpg" data-gid="gid://syiq/Photo/195363">Lots of entrepreneurs fail. Why didn’t you?&nbsp; We've got a great niche and have stayed true to our roots. One of my biggest inspirations in business is James Watt, founder of the beer brand BrewDog. He always talks about thinking small and not getting distracted by the big picture. When businesses stop thinking about their value proposition and become fixated on graphs, finance, scaling and HR, they can lose sight of what matters.&nbsp;When we first started the business, it was just me walking up and down the docks trying to deliver the amazing service I’d learned about as yacht crew, and that’s what has got us where we are today: we will have a turnover of more than two million euros this year.<img src="https://photo-assets.superyachttimes.com/photo/195369/image/large-430a21e194990f5d8f867379d1795eba.jpg" data-gid="gid://syiq/Photo/195369">How has the pandemic affected businesses globally? &nbsp; This traumatic economic incident has prompted a complete reset in thinking, with new opportunities and markets emerging. People are thinking more about health and well-being, virtual work and the green economy. We’ve had a chance to step back and see the positive impact we can have on the world by slowing down and becoming more localised.&nbsp;Through <a data-gid="gid://syiq/Company/6329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GymMarine (Company)">Gym Marine</a>’s Green Wings Challenge, we have offset three and a half million kilometres of yachting industry air travel from 2019. Plus, with more meetings being conducted virtually in the industry, this brings down travel costs which can be a significant barrier to entry for startups. <img src="https://photo-assets.superyachttimes.com/photo/195366/image/large-c9f5470b4e850aa83fe3da46b2fafeae.jpg" data-gid="gid://syiq/Photo/195366">Finally, your top tips for budding entrepreneurs My main tip is that in yachting it pays to be a good bloke – or the female equivalent! Think with a bit of empathy, putting yourself in the other person’s shoes and try to understand the pressures they are under. Yachting is very often B2B2C, and the person you’re speaking to might be getting pressures from the owner. We always ensure that we are acting in the way we’d like to be treated as a business and that goes a long way in maintaining our reputation as a great company to deal with. Always stay true to yourself and the reasons why you started the business in the first place.&nbsp;This article was originally published in the&nbsp;<a data-gid="gid://syiq/Article/52833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The SuperYacht Times summer issue has landed (2021-05-03 17:00:00 +0200)">Summer&nbsp;2021 issue of The SuperYacht Times newspaper.</a>&nbsp;To receive all future issues straight to your door, <a href="https://shop.superyachttimes.com/" target="_blank">subscribe to the newspaper here</a>.

Founder of Gym Marine Edward Thomas

Edward Thomas, Founder & Director of Gym Marine, tells SuperYacht Times how he keeps his cool in business.

Investments & Expansions

Gym Marine Group launches sister company Coral Spa Consultants