<a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> has announced the appointment of Hanna Ljungqvist as Head of the Volvo Penta Marine Business and member of the <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> Executive Group, effective 1 October 2025.<img src="https://photo-assets.superyachttimes.com/photo/368698/image/large-cbfd37cb48f5e02dc1cd3a14bdfe965f.jpg" data-gid="gid://syiq/Photo/368698">Ljungqvist is returning to <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> after more than a decade with the company earlier in her career. She most recently held the role of Vice President and Head of Volvo Trucks in India and Indonesia and now re-joins the marine industry to take on one of <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>’s most senior leadership positions.“I am very happy to be returning to <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>,” explained Ljungqvist. “It’s an honour to help lead Volvo Penta into the future. We are certainly in for an exciting journey. Marine technology, along with our customers’ expectations, is evolving faster than ever, and so will we.”&nbsp;A graduate of Chalmers University of Technology, where she earned an MSc in Industrial Design Engineering, Ljungqvist began her career with the Volvo Group International Graduate Programme in 2008. She went on to hold a variety of technical and commercial roles within AB Volvo, including senior management positions at <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>.Her previous marine roles included product and business development, as well as Vice President, Service Market Marine, where she was responsible for global marine parts and services, strengthening sales and overseeing <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>’s worldwide service network.“Hanna returns to <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> with a strong and diverse track record of international success,” concluded Anna Müller, President of <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>. “She has deep knowledge of the marine market and our marine business. I’m confident her experience, knowledge and leadership will make a defining contribution to the future success of <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>.”

Volvo Penta Marine appoints Hanna Ljungqvist as Head

Hanna Ljungqvist Head of Volvo Penta Marine

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Volvo Penta has announced the appointment of Hanna Ljungqvist as Head of the Volvo Penta Marine Business

Hanna Ljungqvist appointed Head of Volvo Penta Marine

Measuring in at 59.4-metres and exhibiting an unmistakable red hull, the 59.4-metre <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> superyacht <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> has been making global headlines as she travels across the world. Built for an experienced owner with passion for travel, exploration and art, the custom-built yacht is the first collaboration between <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> and <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> and offers a deeply personal interior design. <img src="https://photo-assets.superyachttimes.com/photo/395227/image/large-0dc2cb5185f15c684a05687e04968cad.jpg" data-gid="gid://syiq/Photo/395227">SuperYacht Times takes a closer look onboard <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> with Founder Francesca Muzio, and Managing Partner Luca Boldrini of <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> to discover how a design brief centred on connection and authenticity came to life. <img src="https://photo-assets.superyachttimes.com/photo/366872/image/large-c4955657a397331f622230da80ea681f.jpg" data-gid="gid://syiq/Photo/366872">“<a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> has this very robust, powerful exterior, but the moment you enter, it softens,” explained Francesca Muzio. “There’s a beautiful contrast, the strength of an explorer with the soul of a home.” <img src="https://photo-assets.superyachttimes.com/photo/395266/image/large-ec1d4f61cc32242947e899829f6b6d54.jpg" data-gid="gid://syiq/Photo/395266"><img src="https://photo-assets.superyachttimes.com/photo/395265/image/large-520e34c6e6cee5986737691cb546d418.jpg" data-gid="gid://syiq/Photo/395265">The owner of <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> has a passion for diving and sustainability, two features which are evident from the moment you step onboard. The main saloon is framed by structural columns clad in recycled nautical sailcloth, while her dining area features a sculptural table with a gear-shaped metal base and a wood top inlaid with pressed tobacco leaves. Surrounding chairs in curved wood are detailed with bronzed accents and ivory hammered leather, creating a design that defines the yacht’s onboard character. <img src="https://photo-assets.superyachttimes.com/photo/395274/image/large-07e95344530c0eee52e87e2688e66a4b.jpg" data-gid="gid://syiq/Photo/395274"><img src="https://photo-assets.superyachttimes.com/photo/395268/image/large-f299ae95b83285b23c4618adf9b45a9e.jpg" data-gid="gid://syiq/Photo/395268">At the centre of the space, two custom boomerang-shaped sofas in white chenille and dove-grey leather divide the lounge from the dining area. Functional elements are built into the space, with leather pockets and hidden storage beneath the cushions and a silk and wool rug below to mimic the branching forms of a river delta.<img src="https://photo-assets.superyachttimes.com/photo/395269/image/large-33097a9ca9e6c34c4cc32279d71d40ee.jpg" data-gid="gid://syiq/Photo/395269"><img src="https://photo-assets.superyachttimes.com/photo/395241/image/large-4284b0e1b10280faac39b4b151cfb27c.jpg" data-gid="gid://syiq/Photo/395241">“It was important to us that every material told a story,” added Luca Boldrini. “Nothing is purely decorative. Each texture, each finish, carries a connection to nature, travel or craftsmanship, ideas that are fundamental to <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a>’s spirit.” <img src="https://photo-assets.superyachttimes.com/photo/365043/image/large-31c7c7e917927e2c82afaf1e3d590134.jpg" data-gid="gid://syiq/Photo/365043">The owner’s suite of <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> includes a private office. Dubbed the “madame office”, it’s a celebration of colour and individuality. Aviation blue features prominently across her &nbsp;leather desk accessories, the raffia wallpaper-lined bookcases and the detailing on the bespoke desk chair. The desk itself has been built from natural oak with hammered bronze detailing and hand-decorated bases. <img src="https://photo-assets.superyachttimes.com/photo/395253/image/large-bb140479538c8a4506bae73017d24d93.jpg" data-gid="gid://syiq/Photo/395253"><img src="https://photo-assets.superyachttimes.com/photo/395254/image/large-5e793d7ef69f3518e71bbf21af8bf775.jpg" data-gid="gid://syiq/Photo/395254">The space is framed by decorative panels embroidered with three-dimensional orchids, while the carpet below mimics the foam of waves crashing against the shore. “This room isn’t just about work,” said Muzio. “It’s a sanctuary that is elegant, feminine and energising.”<img src="https://photo-assets.superyachttimes.com/photo/395245/image/large-284ab752d07f0ad0aedb80dc91cdfcca.jpg" data-gid="gid://syiq/Photo/395245"><img src="https://photo-assets.superyachttimes.com/photo/395243/image/large-f86c36352a28f0139a957f94c6f0d1c3.jpg" data-gid="gid://syiq/Photo/395243"><img src="https://photo-assets.superyachttimes.com/photo/395247/image/large-b01f9c97658c14ef17097059b8255de7.jpg" data-gid="gid://syiq/Photo/395247">Further guest areas onboard <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> reflect the same attention to comfort and flexibility. One twin guest stateroom features a smart sliding bed system, allowing it to convert into a double room when required. Both beds are fully integrated into the interior architecture, with upholstered headboards and matching bedside tables.<img src="https://photo-assets.superyachttimes.com/photo/395286/image/large-dd88e00906e3d7dc5f5879418c1db72c.jpg" data-gid="gid://syiq/Photo/395286"><img src="https://photo-assets.superyachttimes.com/photo/395281/image/large-72fc08138f6fded2245fdd6e8d821c7b.jpg" data-gid="gid://syiq/Photo/395281"> <img src="https://photo-assets.superyachttimes.com/photo/395270/image/large-8bd1fa3fbdf82252566d09841b782a68.jpg" data-gid="gid://syiq/Photo/395270">Materials again take centre stage, with wallpapered ceilings, leather accents and roman blinds made from raffia interwoven with metallic threads, which catch the sunlight during the day. The custom-designed carpet, made from wool and botanical silk, continues the theme of nature-inspired texture.<img src="https://photo-assets.superyachttimes.com/photo/395255/image/large-c01523280fe4b28a5db6c425c8580ede.jpg" data-gid="gid://syiq/Photo/395255"><img src="https://photo-assets.superyachttimes.com/photo/395256/image/large-fbdd6477754a5f740cacecd1a01dc54b.jpg" data-gid="gid://syiq/Photo/395256"><img src="https://photo-assets.superyachttimes.com/photo/395273/image/large-8f0a1e7f851f1eee23463a9f44c9f0fd.jpg" data-gid="gid://syiq/Photo/395273">Even the guest bathrooms have their own storyline. Here, Francesca Muzio has embraced the romance of travel with a design inspired by vintage steamer trunks, complete with &nbsp;bronze hardware, leather handles and cabinetry in warm oak and dark European maple. The washbasins are finished in Imperial Beige marble, further enhancing the refined yet &nbsp;tactile atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/395298/image/large-c4367103fda7023f8b0c6d1f6e5f9451.jpg" data-gid="gid://syiq/Photo/395298"><img src="https://photo-assets.superyachttimes.com/photo/395264/image/large-766f12a14112b6d835f5c5a8cef4c5e5.jpg" data-gid="gid://syiq/Photo/395264"><img src="https://photo-assets.superyachttimes.com/photo/395280/image/large-a5c5a8bf1fa763df6378a380e7f2b4f3.jpg" data-gid="gid://syiq/Photo/395280">Beneath her refined interiors, <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> remains a highly capable expedition yacht. With hybrid propulsion, a large Limo Tender and dive/exploration tender housed in an aft garage and with a transoceanic range of over 8,000 nautical miles, she’s fully equipped for long-range adventure. On deck, guests can enjoy a full teppanyaki bar and a spa pool on the sundeck, &nbsp;while a generous beach club connects them directly to the water. <img src="https://photo-assets.superyachttimes.com/photo/395276/image/large-32d1ccd66402dc067c5800e52a820bad.jpg" data-gid="gid://syiq/Photo/395276"><img src="https://photo-assets.superyachttimes.com/photo/395235/image/large-e7cd60bd765d93c89ab3737d38e3e61c.jpg" data-gid="gid://syiq/Photo/395235">“<a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> is not defined by ruggedness alone. She’s a yacht of contrasts,” concluded Muzio. “Strong but soft. Minimalist in some areas, but rich in storytelling. That’s what makes her unique.”<img src="https://photo-assets.superyachttimes.com/photo/395226/image/large-9fbabb99671bacdbc610d85ca73838ca.jpg" data-gid="gid://syiq/Photo/395226">According to AIS, <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> is currently at the Flamenco Marina in Panama. She is currently for sale with David Legrand of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/395299/image/large-5e347a3965df2fbe4b112e4051d17400.jpg" data-gid="gid://syiq/Photo/395299">

Akula: Onboard the 59m Rossinavi yacht Akula

We take a look onboard the 59m Rossinavi yacht Akula with her interior designers FM Architettura.

Onboard the 59m Rossinavi yacht Akula with her designers FM Architettura 

American shipyard <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> has announced the appointment of Tim Kershaw as its new Director of Sales, strengthening the shipyard’s focus on highly customised superyacht projects and long-term client relationships.<img src="https://photo-assets.superyachttimes.com/photo/394023/image/large-396029ab8be781064b4c7fb385a20839.jpg" data-gid="gid://syiq/Photo/394023">Kershaw joins the Seattle-based shipyard, bringing 14 years of experience in the yachting industry. Beginning his career as a crew, he later transitioned into sales and marketing roles in the last decade, having built extensive experience from brokerage to new build transactions.In his new role, Kershaw will oversee sales activity in key international markets, particularly the United States, Mexico, and Europe. He will also welcome brokers and prospective owners to <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>’s Seattle shipyard to view current in-build projects and future developments.“This is a dynamic moment for <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a>, with significant new projects underway and growing interest from experienced owners,” said Michelle Jones of <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>. “Tim’s market knowledge and hands-on background give him exactly the perspective we want at the front of our new build conversations.”Kershaw’s appointment comes as <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> progresses construction on two major projects: Discovery, a 48-metre custom yacht centred on wellness and movement, and Zembra, a 46-metre full-displacement motor yacht engineered for long-range expedition.Founded in 1967, <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> is recognised for building fully custom superyachts entirely in-house at its Seattle facilities, overseeing every stage from design and engineering through to fabrication and finishing.Commenting on his appointment, Kershaw noted that he looks forward to engaging closely with owners, family offices and brokerage houses as the shipyard continues expanding its presence within the sector of custom superyachts.

Delta Marine appoints Tim Kershaw as Director of Sales

Delta Marine has appointed Tim Kershaw as Director of Sales as the shipyard advances several custom superyacht projects.

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect, following the company’s Annual General Meeting held on 15 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">The appointment was confirmed by the Board of Directors, which also reconfirmed Tan Ning as Chairman of the Board. Anastassov succeeds Alberto Galassi, whose departure from the company was announced yesterday.Read: <a data-gid="gid://syiq/Article/66087" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors (2026-05-14 16:00:00 +0200)">Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors</a><img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-769ff4738384374b511d59651630542a.jpg" data-gid="gid://syiq/Photo/220951">Anastassov joins the group with extensive international leadership experience across the consumer, industrial and manufacturing sectors. He previously served as the President and Chief Executive Officer of Duracell and spent three decades in senior leadership roles at Procter &amp; Gamble across Europe, North America, Asia and the Middle East.In addition to his executive experience, Anastassov currently serves as a non-executive director of JS Global Lifestyle and Better Shelter, while also advising international companies and investment firms on governance and operational transformation.“It is an honour to be appointed Chief Executive Officer of a unique company built on extraordinary brands, exceptional craftsmanship and talented people,” commented Stassi Anastassov.&nbsp;“Italy is and will remain the heart of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. Our commitment is first and foremost to the strength, stability and long-term success of the Company. By serving the business well, we serve all shareholders, employees, customers and partners who contribute to <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s future.”During yesterday’s shareholder’s meeting is was announced that Tan Ning was appointed as Chairman of the Board of Directors, alongside Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer joins the board representing minority shareholder Azùr a.s.“On behalf of the Board, I thank shareholders for their continued trust and support. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> enters this next phase with strong foundations, exceptional brands and significant long-term opportunities,” added Tan Ning.&nbsp;“The Board remains fully committed to continuity, disciplined execution and the long-term development of the Group. Under Mr. Anastassov’s leadership, the Group will continue to strengthen its operational excellence, global positioning and long-term value creation while preserving the unique heritage and identity that define <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.”<img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929">Ownership tensions continueAs well as this, Reuters reported earlier today that Czech investor KKCG Maritime had submitted a request to the Italian government to assess whether <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has breached "golden power" rules designed to shield strategic assets.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.As a result of this, KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. "A request has been received and is currently being considered by the relevant departments,” explained Industry Minister Adolfo Urso.During the announcement of its new CEO Stassi Anastassov, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> said it would continue to execute its existing strategic and industrial plans while further strengthening operational discipline, global development and long-term value creation.The company’s next Board meeting is scheduled for 19 May 2026, during which it will review its first-quarter 2026 financial results.

Ferretti Group appoints Stassi Anastassov as CEO

The Ferretti Group has officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect.

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Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has appointed a new Board of Directors during its Ordinary Shareholders’ Meeting held on 14 May 2026, and confirmed the departure of longtime CEO Alberto Galassi after 12 years leading the company.<img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-769ff4738384374b511d59651630542a.jpg" data-gid="gid://syiq/Photo/220951">The new board of directors was announced following today’s earlier announcement that Piero Ferrari and Stefano Domenicali had resigned yesterday evening, with immediate effect.Read:&nbsp;<a data-gid="gid://syiq/Article/66083" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti directors Piero Ferrari and Stefano Domenicali resign amid board tensions (2026-05-14 11:30:00 +0200)">Ferretti directors Piero Ferrari and Stefano Domenicali resign amid board tensions</a><img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929">Shareholders appointed Tan Ning as Chairman of the Board of Directors, while the board is expected to formally appoint Stassi Anastassov as Chief Executive Officer during a follow-up board meeting scheduled for 15 May 2026.“It is a great honor for me to be elected Chairman of the Board and wish to express my sincere gratitude to the Shareholders for their trust and continued support,” explained Tan Ning, the Chairman of the Board of Directors.“I would also like to extend my heartfelt thanks to the outgoing Board of Directors and Board of Statutory Auditors, as well as to the outgoing CEO, Mr Alberto Galassi, for work carried out during his mandate in the past twelve years.”The Shareholders’ Meeting appointed nine members to the Board of Directors, which will remain in office until the approval of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s 2028 financial statements. The board includes newly appointed Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer joins the board representing minority shareholder Azùr a.s.<img src="https://photo-assets.superyachttimes.com/photo/345521/image/large-30a3e8a5f540ae8ddee0f58d7a955771.jpg" data-gid="gid://syiq/Photo/345521">The Board of Directors is expected to approve the following proposed structure during its meeting on 15 May, which includes, &nbsp;Tan Ning as Executive Director and Chairman, Stassi Anastassov as Chief Executive Officer, and Patrick Sun, Zhu Yi, Federica Marchionni and Donatella Sciuto as non-executive independent directors.The company also proposed the formation of several governance committees, including Audit, ESG, Strategic, Nomination and Remuneration committees.Alongside the leadership changes, shareholders approved <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s 2025 financial statements, with the group reporting net new yacht revenues of €1.23 billion, up five percent year-on-year. Adjusted EBITDA increased 6.7 percent to €202.8 million, while the company reported a net cash position of €111 million.Shareholders also approved the distribution of a dividend of €0.11 per share, representing a maximum payout of approximately €37.2 million. The dividend will be paid on 17 June 2026.“The new Board of Directors represents continuity, stability and growth,” concluded Ning. “It leverages a long-term industrial vision aimed at enhancing the Group and its brands, as well as maintaining the manufacturing presence in Italy and the global commercial network, in line with the path undertaken since 2012.”

Ferretti appoints new Board of Directors

Ferretti Group has appointed a new Board of Directors and confirmed the departure of longtime CEO Alberto Galassi.

Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced the resignation of two members of its Board of Directors, Piero Ferrari and Stefano Domenicali yesterday evening, with immediate effect.<img src="https://photo-assets.superyachttimes.com/photo/345521/image/large-30a3e8a5f540ae8ddee0f58d7a955771.jpg" data-gid="gid://syiq/Photo/345521"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed that both members had resigned from the Board of Directors, with Ferrari also stepping down from his role as Honorary Chairman and as a member of the Sustainability Committee, Remuneration Committee and the Strategy Committee; while Domenicali would be stepping down as non-executive independent director and as a member of the Nomination Committee, the Control and Risk Committee and as Chairman of the Remuneration Committee.In his resignation, Ferrari explained that his choice was dictated by his “frustration and disappointment for what [I] witnessed in past weeks.” This was derived from “various entities close to a faction [that] seem to have adopted a strategy aimed at impeding such substantive discussion and vote,” and by “some sort of arrogance throughout the tender offer process in impeding a neutral judgement on the same.”Meanwhile, Domenicali stated that the governance of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> “must reflect the highest standard of integrity and transparency” pointing out that “what I witnessed in the past weeks conflicts with the above principles and sounds in evident contrast with my perception of what <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> should be”.In January 2026, KKCG Maritime, the maritime investment arm of the Czech-based KKCG Group, launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital.However, just several days later, the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, confirmed it did not intend to support the offer and could instead increase its own shareholding.Read: <a data-gid="gid://syiq/Article/65228" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Weichai rejects KKCG tender offer for Ferretti Group shares (2026-01-23 12:59:00 +0100)">Weichai rejects KKCG tender offer for Ferretti Group shares</a><img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed its rejection of the KKCG offer in March 2026 stating that an independent financial adviser had deemed the proposal “not attractive.” To counteract this, KKCG increased its voluntary offer raising the total potential investment to €203.3 million, up from its earlier proposal of €182.5 million.In anticipation of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Annual General Meeting, which is scheduled to take place today (14 May 2026), KKCG Maritime also announced its formal list of candidates for the Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.KKCG proposed that Alberto Galassi remain in his role as CEO to maintain continuity, with founder and Chairman of KKCG, Karel Komárek acting as Chairman of the Board. Non-executive directors included KKCG CFO Katarína Kohlmayer, Ferrari Vice-Chairman Piero Ferrari, Zain Group Vice Chairman and Group CEO Bader Al-Kharafi and Executive Director of KKCG Maritime and a Senior Investment Manager at KKCG, Kamil Zeman.KKCG also proposed four independent non-executive directors, which include President &amp; CEO of Formula 1, Stefano Domenicali, senior financial executive and board member Zuzana Prokopcová, experienced corporate and M&amp;A lawyer Jane Townsend and senior Italian-British executive Francesca Filippini Pinto.Read: <a data-gid="gid://syiq/Article/65894" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG submits candidate list for Ferretti Board of Directors following stake increase (2026-04-20 13:45:00 +0200)">KKCG submits candidate list for Ferretti Board of Directors following stake increase</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">In a statement published today, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> thanked Piero Ferrari and Stefano Domenicali for their important contribution over the years. They also stated that both resigning directors do not hold <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> S.p.A. shares and are not entitled to indemnities or other benefits resulting from the termination of their office.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> is currently controlled by Weichai Group, which holds approximately 38 percent of the company.

Ferretti directors Piero Ferrari and Stefano Domenicali resign

Ferretti Group has announced the resignation of two members of its Board of Directors, Piero Ferrari and Stefano Domenicali. 

Ferretti directors Piero Ferrari and Stefano Domenicali resign amid board tensions

<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has announced the opening of a new Monaco sales office, with Lyam Last appointed as Sales Manager. <img src="https://photo-assets.superyachttimes.com/photo/391687/image/large-d0778b32c49ad0053dc339e5e1e2cd7f.jpg" data-gid="gid://syiq/Photo/391687">Following its transition back to operating as a Dutch, family-owned business, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> is investing in stronger regional support and sales hubs in key yachting markets. Located in the heart of the Mediterranean, the new office aims to provide a direct link between international clientele and the shipyard in Oss, the Netherlands.“Our objective is to bring back the family-led dedication that defines <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>. As we plan for the future, it is important to have teams located in key yachting regions,” explained Jeroen van der Meer, CEO of <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/391690/image/large-3e2de1647b88607cc995b5f1c5f3ff52.jpg" data-gid="gid://syiq/Photo/391690">“A local presence enables closer collaboration with owners, managers, and brokers active in the region, ensuring that <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s sales operations remain grounded in the shipyard’s heritage while providing a tailored, authentic experience for the international yachting community.”Joining the Sales team, Lyam Last has been appointed as Sales Manager, bringing with him a data-driven approach to yachting. Last founded monitoring software company Nauticare and is focused on the practicalities of the yachting lifestyle.&nbsp;“I am pleased to welcome Lyam to our team; his respect for our craftsmanship and heritage ensures we are better positioned to support our owners and the brokerage community as we continue to build their lifetime dreams,” concluded van der Meer.

Lyam Last appointed Sales Manager of Heesen Yachts Monaco office

Heesen Yachts has announced the opening of a new Monaco sales office, with Lyam Last appointed as Sales Manager.

Heesen Yachts appoints Lyam Last as Sales Manager of new Monaco office

<a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker International</a> has confirmed that its current investors, Cheyne Capital and Cross Ocean Partners, will maintain the company’s existing holding structure, following <a data-gid="gid://syiq/Article/65515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker secures new ownership with KCP acquisition and new CEO (2026-03-03 12:45:00 +0100)">last month’s announcement</a> that private investment firm KCP would acquire the British shipyard.According to <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, KCP, in partnership with Lionheart Capital, was unable to complete the previously announced and agreed debt purchase and subsequent share acquisition within the required timeframe.Read: <a data-gid="gid://syiq/Article/65515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker secures new ownership with KCP acquisition and new CEO (2026-03-03 12:45:00 +0100)">Sunseeker secures new ownership with KCP acquisition and new CEO</a><img src="https://photo-assets.superyachttimes.com/photo/390574/image/large-348fdd17d47fd558b49a441521a3dcf2.jpg" data-gid="gid://syiq/Photo/390574">As a result of this, KCP was not able to finalise its funding arrangements in time, with existing lenders Cheyne Capital and Cross Ocean Partners instead stepping in to take ownership of the business, subject to regulatory approvals.Former Chief Operating Officer Steve Timms has been appointed interim CEO, with more than 25 years of experience within the company. He will lead the business while a comprehensive search for a permanent successor is conducted, while Antony Sheriff will remain involved with <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> as a Special Advisor.Earlier this year, <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> outlined a revised strategic direction aimed at repositioning the company as a leading builder in the superyacht segment. In line with this strategy, Cheyne Capital and Cross Ocean Partners plan to provide additional investment across the company’s products, operations and workforce in the coming months.(Image provided by Sunseeker.)

Sunseeker new interim CEO

Sunseeker has announced a new interim CEO Steve Timms as Cheyne Capital and Cross Ocean Partners maintain the company’s existing holding structure. 

Sunseeker ownership confirms strategy and appoints Steve Timms as interim CEO

Spanish tennis player Rafael Nadal’s investment holding company Aspemir has acquired a minority stake in <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">Ocean Platform Marinas</a> (<a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a>).<img src="https://photo-assets.superyachttimes.com/photo/388632/image/large-98c2c31382e3dfc0e426b6adc9541f6f.jpg" data-gid="gid://syiq/Photo/388632">Led by Ocean Capital Partners, <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a> specialises in the management and development of large-yacht marinas across Spain. Their shareholder base now includes Aspemir, alongside majority shareholder OCP, Grupo Empresas Matutes and investor Domingo de Torres.<a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a> currently manages large yacht marinas in Ibiza, Málaga and Seville and has several new development projects planned in different parts of the country. According to OPM, the incorporation of Aspemir strengthens the Spanish and Mediterranean identity of the project, as well as reinforcing its ties with Mallorca and the Balearic yachting community.“The incorporation of Aspemir into <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">Ocean Platform Marinas</a> represents key support for our project, through which we aim to promote large-yacht yachting with sustainable, state-of-the-art infrastructure that also fosters integration between port and city,” explained José Luis Almazán, Managing Partner of Ocean Capital Partners.<img src="https://photo-assets.superyachttimes.com/photo/168865/image/large-9a2b440ac9688c861f714ca68b203332.jpg" data-gid="gid://syiq/Photo/168865"><a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a>’s development strategy focuses on creating modern marinas that combine advanced sustainability standards with environmental protection, including measures to safeguard the marine ecosystem and Posidonia oceanica.Tennis player Rafael Nadal is the owner of the 23.95-metre 80 Sunreef Power catamaran yacht <a data-gid="gid://syiq/Yacht/10143" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Great White23.95m (78'7&quot;)Sunreef Yachts2020">Great White</a>, as well as being an ambassador for <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>. Launched in 2020, <a data-gid="gid://syiq/Yacht/10143" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Great White23.95m (78'7&quot;)Sunreef Yachts2020">Great White</a> can accommodate up to 10 guests, as well as a crew of four.

Rafael Nadal acquires stake in OPM 

Rafael Nadal’s investment holding company Aspemir has acquired a minority stake in Ocean Platform Marinas (OPM).

Rafael Nadal and Aspemir acquire stake in Ocean Platform Marinas 

<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has announced the appointment of Rolf Smith as a Sales Consultant at their Fort Lauderdale office. <img src="https://photo-assets.superyachttimes.com/photo/388237/image/large-8d9ca4f864bae6c33c2194ce7f98ea42.jpg" data-gid="gid://syiq/Photo/388237">Rolf Smith joins <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> with over 28 years of experience in luxury private aviation and 12 years in yacht sales. Based in Fort Lauderdale with strong ties to California, Rolf has worked extensively with clients from around the world, including Dubai, London, Saudi Arabia, Taiwan, China, America and Europe.&nbsp;Born and raised in Canada, Rolf transitioned from aviation to superyachts after sourcing a Feadship delivery position for a client in Geneva. Since then, his brokerage portfolio has grown organically through referrals and repeat clients.In his spare time, Rolf enjoys attending major aviation events and spending time on the water and loves sailing, boating, traveling and activities like scuba diving.&nbsp;“<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> manages the world’s largest charter fleets, has an outstanding track record, and global offices, allowing me to meet my clients wherever they are,” explained Rolf Smith when asked what makes him most excited about being part of the IYC team.&nbsp;“The <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> infrastructure is invaluable, whether a client needs brokerage, charter management, new-build oversight, or operational support. Having all those services under one roof is exciting to me and allows me to deliver the best experience to clients.”

Rolf Smith joins IYC as a Sales Consultant

IYC has announced the appointment of Rolf Smith as a Sales Consultant at their Fort Lauderdale office. 

IYC appoints Rolf Smith as a Sales Consultant

Designer <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">Germán Frers</a> and his son Mani Frers of <a data-gid="gid://syiq/Company/6718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Frers Design (Company)">Frers Design</a> have announced a design office partnership focused on production yachts.<img src="https://photo-assets.superyachttimes.com/photo/387898/image/large-95731dc90e162fc686f4a0f7aad2757f.jpg" data-gid="gid://syiq/Photo/387898">Despite leading separate practices, both Germán and Mani have regularly collaborated on projects and discussed ideas. This partnership aims to bring together both their knowledge and experience to create a solid framework for the continued development of production ranges.Both Germán and Mani will continue to lead their independent projects, which include custom sailing yachts, superyachts and advanced engineering projects, such as the 85-metre <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> <a data-gid="gid://syiq/Yacht/12001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman 85m Sloop84.9m (278'7&quot;)Royal Huisman2026">New World Sloop</a>, which <a data-gid="gid://syiq/Company/6718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Frers Design (Company)">Frers Design</a> are involved in.Read: <a data-gid="gid://syiq/Article/61787" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Frers family on their yacht design legacy (2024-10-22 09:15:00 +0200)">The Frers family on their yacht design legacy</a><img src="https://photo-assets.superyachttimes.com/photo/381750/image/large-d2691ce2d37a0b4e0fc80b25cf8bc557.jpg" data-gid="gid://syiq/Photo/381750">“This collaboration is focused on production yacht design,” explained Mani. “It allows us to work together in an area where long-term planning and development are essential, while each of us continues our independent work with the same focus and commitment as always.”<a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">Germán Frers</a> has been responsible for the exterior design and naval architecture for some of the world’s largest yachts including the 142-metre superyacht <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dragonfly142.0m (465'11&quot;)Lürssen Yachts2024">Dragonfly</a> and the 85.2-metre <a data-gid="gid://syiq/Yacht/2474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pacific X85.2m (279'6&quot;)Lürssen Yachts2010">Pacific X</a>, both built by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, and the 59-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/10970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maximus59.0m (193'7&quot;)Vitters Shipyard2023">Maximus</a>.&nbsp;“I am fortunate to be able to be selective about the projects I take on, focusing on those where I can bring together the best of everything I have learned so far,” added Germán. “Working more closely with Mani deepens a dialogue that is already stimulating and demanding, and opens new possibilities where experience and perspective build on each other.”

German and Mani Frers join forces for the design of production yachts

Designer Germán Frers and his son Mani Frers of Frers Design have announced a design office partnership focused on production yachts.

The 50.2-metre <a data-gid="gid://syiq/Company/615" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dearsan Gemi Insaat Sanayii A.S. (Company)">Dearsan</a> superyacht <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</a> has been launched from the <a data-gid="gid://syiq/Company/615" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dearsan Gemi Insaat Sanayii A.S. (Company)">Dearsan</a> shipyard in Tuzla, Istanbul. <img src="https://photo-assets.superyachttimes.com/photo/396859/image/large-66e26da04a7b7aeb2bcef3c2456e5bab.jpg" data-gid="gid://syiq/Photo/396859">Construction on <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</a> began in 2022, with interior and exterior design by <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/8047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MilimetriQ (Company)">MilimetriQ</a>. As one of <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>’s flagship projects, she collaborated with multiple shipyards, with project management by <a data-gid="gid://syiq/Company/8085" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MORE Marine (Company)">More Marine</a>.Spanning 488 GT, boasts a warm and inviting interior design, with light tones and natural materials. Every detail has been thoughtfully designed to cater to the owner’s vision, blending contemporary aesthetics with comfort.<img src="https://photo-assets.superyachttimes.com/photo/396858/image/large-09e90c9bfcadd193dbfec4a24b5dbcab.jpg" data-gid="gid://syiq/Photo/396858">Key features onboard <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</a> include an aft lounge, along with an expansive bow lounge located on the main deck, both of which lend themselves to outdoor relaxation or socialising. She is also equipped with a Jacuzzi, sunbeds, lounge sofas, a bar and an alfresco dining area.Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</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.&nbsp;

Queen Yaz: 50m Dearson yacht launched

The 50.2-metre Dearsan superyacht Queen Yaz has been launched from the Dearson shipyard in Tuzla, Istanbul. 

50m Dearsan superyacht Queen Yaz launched

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced that the Court of Florence has partially lifted protective measures for five shipowners, following the company's ongoing negotiated crisis settlement procedure.<img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">On 16 March, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that it had initiated a negotiated settlement procedure under Italian Legislative Decree No. 14/2019, following internal financial irregularities. This legal framework aimed to enable them to restructure, while continuing to operate under the supervision of an independent expert.Following this, on 20 April, the Court of Florence granted protective measures for a maximum period of four months, restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction.The court also confirmed that these protective measures extended to shipowners, which prevented them from terminating their contracts of yachts currently under construction during the proceedings.The Court of Florence has now issued an order upholding the appeals filed by five shipowners which prevented them terminating their contracts. With respect to them it was also found that they were unable to exercise the other rights provided under their contracts.&nbsp;The court found that the yachts could not be covered by the protective measures because they were neither assets of the company, nor assets instrumental to its business operations.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a><img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">The ruling also determined that the shipowners were not creditors against whom such measures could be applied and their right to obtain performance under the pending contract could not be satisfied through enforcement or interim measures.The order applies exclusively to the five shipowners who filed the appeals and has no effect on the other shipowners or creditors, with the previous measures remaining in effect for the duration already established by the Court.&nbsp;TISG also stated that these measures do not affect the ongoing negotiations with its main stakeholders, including shipowners, suppliers and financial institutions, as part of the company's economic and financial rebalancing plan which is currently in progress.The company also stated that, with regard to the affected shipowners, the substance of the contractual relationships remains unchanged despite the lifting of the protective measures.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to provide updates on developments relating to the procedure and any further initiatives undertaken in accordance with applicable regulations.

TISG: Florence court removes protections affecting five yacht contracts

A Florence court has partially lifted protective measures affecting five yacht contracts linked to TISG's ongoing negotiated settlement procedure.

Florence court lifts protective measures for five The Italian Sea Group yacht contracts

The 27.1-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/11264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exit27.1m (88'11&quot;)Sunseeker2023">Exit</a> has been sold. Jonathan Lafortune of <a data-gid="gid://syiq/Company/4666" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lafortune Yachts (Company)">Lafortune Yachts</a> introduced the buyer, while Filip Jerolimov of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/348913/image/large-3e4bc3cf0b85982a7e7c677bb64cfbe8.png" data-gid="gid://syiq/Photo/348913">Delivered in 2023, <a data-gid="gid://syiq/Yacht/11264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exit27.1m (88'11&quot;)Sunseeker2023">Exit</a> features exterior and interior design and naval architecture penned in-house by Sunseeker. Her design combines modern styling with outdoor living.She can accommodate up to nine guests across four well-appointed staterooms. Her layout comprises a master suite which can be expanded to incorporate the adjacent guest suite. Moving outside, Exit’s flybridge is fitted with alfresco dining, a Jacuzzi and spacious exterior deck spaces.&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/11264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exit27.1m (88'11&quot;)Sunseeker2023">Exit</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, giving her a cruising speed of 20 knots and a top speed of 26 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/11264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exit27.1m (88'11&quot;)Sunseeker2023">Exit</a> had a last known asking price of €5,200,000.Photo courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

Sunseeker yacht Exit sold

The 27.1-metre Sunseeker motor yacht Exit has been sold.


27m Sunseeker motor yacht Exit sold

Project YB256 is a 45-metre steel and aluminium motor yacht under construction at <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Royal Hakvoort Shipyard</a> in the Netherlands. The first collaboration between the family-run yard and <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design Naval Architects</a>, the yacht’s retro styling masks a modern and highly capable cruiser engineered for long-distance voyaging.<img src="https://photo-assets.superyachttimes.com/photo/396216/image/large-6096248c4df8137326bee068ed36838f.jpg" data-gid="gid://syiq/Photo/396216">The impossibly picturesque village of Monnickendam on the western shore of the Markermeer, a vast freshwater reservoir not far from Amsterdam, has been home to the <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Royal Hakvoort Shipyard</a> for more than a century. Wedged into a narrow strip of dockland between the old town centre and the water’s edge, space is as precious as the custom yachts it builds, but over the years the management has perfected a choreography of space and timing to ensure multiple projects can progress without tripping over one another.“<a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a> is just a few kilometres down the road and we’ve often wanted to work with them, but the stars never aligned,” affirms Klaas Hakvoort, fourth generation director of the shipyard with his brother Albert Jr. “In this case, the client wanted Dutch pedigree, was happy with our pricing, and the complexity of the project was a perfect match for a custom builder like us.”<img src="https://photo-assets.superyachttimes.com/photo/396206/image/large-71da8891dd01ddb5eed6ecc0455c82e1.jpg" data-gid="gid://syiq/Photo/396206">Project YB256 was inspired by <a data-gid="gid://syiq/Yacht/6037" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blue II55.99m (183'8&quot;)Turquoise Yachts2020">Blue II</a>, the 56-metre expedition vessel with classic lines by <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a> launched by <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a> in 2020. <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a> partners Andre Hoek and Ruurt Meulemans translated the client’s admiration for the retro-influenced yacht into a more compact platform that would echo the same timeless elegance free of nostalgic mimicry, while embracing modern technology and efficiency. The owner’s exacting brief included full wheelchair accessibility, an elevator connecting all deck levels, and transatlantic capability.“The hull and superstructure were conceived to balance classic proportions with today’s efficient hydrodynamics,” says Ruurt Meulemans. “Computational fluid dynamics [CFD] analysis informed every curve, refining the bow shape and optimising volume distribution to reduce resistance as much as possible and improve wake flow to the twin propellers. The objective was a smooth, efficient ride across a transatlantic cruising envelope of close to 4,000 nautical miles – no small achievement for a vessel under 400 gross tons.“<img src="https://photo-assets.superyachttimes.com/photo/396218/image/large-f219694742e3fedf1f00ff2c0b5c4003.jpg" data-gid="gid://syiq/Photo/396218">Meeting these requirements called for some clever engineering based on robust, proven solutions. Finite element analysis (FEA) guided the placement of bulkheads, stringers, and the keel to ensure structural integrity under long passages without compromising interior volume. The challenge was compounded by hybrid-assisted propulsion comprising twin 1,000-hp MAN diesel engines paired with electric motors and supported by a lithium-ion battery bank.The system integrated by <a data-gid="gid://syiq/Company/3869" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eekels Technology BV (Company)">Eekels Technology</a> allows for flexible operational modes. Electric mode provides a few hours of silent propulsion at low speed, ideal for manoeuvring in harbours or environmentally sensitive zones. In diesel mode the electric motors can function as shaft generators to reduce fuel burn on extended passages. The electric motors also add redundancy for additional peace of mind far from home. <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Royal Hakvoort</a> had direct experience of the latter: during sea trials of 61-metre <a data-gid="gid://syiq/Yacht/8621" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia61.0m (200'2&quot;)Royal Hakvoort Shipyard2024">Asia</a>, an electrical fault caused an engine shutdown, but the gearbox-mounted e-motors allowed the crew to manoeuvre safely away from an offshore wind farm.<img src="https://photo-assets.superyachttimes.com/photo/396210/image/large-bfbd4613c1cb6d84c9fb37fa9b5d37a0.jpg" data-gid="gid://syiq/Photo/396210">The battle for spaceA signature feature of the yacht is the continuous ribbon of wraparound glazing on the main and bridge decks – 17 tonnes of it. The bulwarks are also glass and the hull windows incorporate a dot-fade pattern that blends with the white hull from a distance. Combined with the classic sheer line and bronze-metallic funnel, the green-tinted glass adds a touch of understated elegance that hints at an era that never quite existed – but should have. The wheelhouse windows are not full-height, but the aluminium surfaces beneath will be clad with glass and the same green reflective finish to create the visual effect of uninterrupted glass.&nbsp;Extensive glazing has a downside, however: heat. Solar load becomes a critical issue, especially for a yacht destined for hot climates. One option is to increase HVAC capacity, but a smarter one is to engineer better insulation. <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Hakvoort</a> chose the latter. A two-year development programme with glass specialist Royal-Maritiem sought the ideal balance of solar control, privacy, clarity, structural strength, and colour uniformity. Each double-glazed laminated pane is filled with argon gas and coated with a low-emissivity metal film tuned to deliver the desired green tint. The result is a 50 precent reduction in heat transfer compared to conventional marine glass.<img src="https://photo-assets.superyachttimes.com/photo/396219/image/large-043a6cfbb4c2ee18f77e9eca62c4d295.jpg" data-gid="gid://syiq/Photo/396219">But heat is not the only issue. Full-height windows also eliminate the storage units and hidden cavities normally used to route ducting, wiring, and AC trunking, pushing the technical infrastructure inward. As a result, space became the defining constraint and the build team had to fight for every cubic centimetre. <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a> has deep experience of designing sailboats where space is always at a premium, but it was up to the shipyard to find ways to integrate complex systems into tight envelopes.“Nothing fitted, so we had to make it fit,” says Klaas, which could be the unofficial motto of the project. “By the time everything is installed, the engine room will be very full, but accessible and maintainable. Not cluttered – engineered.”The electrical switchboards span the full height of the engine from port to starboard across, an unavoidable result of the hybrid system. The engine room itself relies on seawater-fed heat exchangers because there wasn’t room for conventional air-cooling systems. The pool doubles as a tender bay with a dump tank and its own dedicated crane compartment that closes flush with the teak deck. Under the sunbed on the foredeck is a two-storey garage for the crew tender and a pair of PWCs. Add the elevator, wider side decks and interior passages sized for wheelchair access, and every available every void had to serve a purpose.<img src="https://photo-assets.superyachttimes.com/photo/396209/image/large-486995c89e482f3860ee5f1204771fb6.jpg" data-gid="gid://syiq/Photo/396209">Hidden in plain sightThe metallic bronze faux funnel is more than a charming styling cue; it also highlights the kind of engineering concealment that defines the whole project. Since the yacht has underwater exhausts, there was no need for a traditional dry stack – nor was there space to route ducting up to one. Instead, the funnel became the home of the fresh-air unit that draws in and purifies outside air for the HVAC system. Fitting it inside that tight volume meant some early design assumptions had to be reworked.&nbsp;Routing the air quietly around the yacht from high up in the vessel posed further challenges. The onboard noise targets are uncompromising and the owner’s suite is engineered for a harbour maximum of 44 decibels, although <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Hakvoort</a> typically achieves lower. Underway, the expected levels sit in the low 50s – quiet enough that the only audible sound should be the soft splash of water along the hull. Modern superyachts achieve such low mechanical noise levels that airflow has become the primary acoustic concern, not the engines or generators.<img src="https://photo-assets.superyachttimes.com/photo/396212/image/large-a2aeb88e2ca030f7dc36a4bed74abb21.jpg" data-gid="gid://syiq/Photo/396212">“You won’t hear machinery these days – you’ll hear air moving through the ducting,” confirms Klaas. “That’s why we focus obsessively on silencing ducts, bends and terminations.”Consider the HVAC ducting for the crew quarters. To reach the lower deck forward, it has to pass under the bed in the owner’s stateroom, negotiating several dog-leg bends in the process. Air accelerates noisily through tight turns due to mass conservation and pressure shifts, so the yard routinely uses flexible elbow sections with larger diameters and internal damping to reduce turbulence and suppress sound. <img src="https://photo-assets.superyachttimes.com/photo/396214/image/large-892daf254a9606fb0d0d5fed5e58dda4.jpg" data-gid="gid://syiq/Photo/396214">Elegance with an edgeThe aluminium superstructure was built at <a data-gid="gid://syiq/Company/5231" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alu-bouw Fryslân BV (Company)">Alubouw Fryslan</a> in Franeker and joined to the steel hull at Buijs Shipyard – the hull builder – before being towed to Monnickendam, but <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Royal Hakvoort</a> has its own joinery division and stainless-steel department that produce most of the fixed furniture and deck hardware in-house. Klaas points out the custom-engineered hinges used for the exterior doors as an example of the shipyard’s hands-on approach. During development, these hinges were tested in the most practical way imaginable: by suspending 40 kg weights to a toilet door heavily used by shop-floor workers. Any weaknesses that surfaced were corrected before installation.&nbsp;Another example is the aluminium hull platform that folds out from the topsides amidships and connects to the main deck by way of a boarding ladder for tender access. The platform being assembled in the metalworking department uses a hydraulic rotary or slew drive – more compact than conventional rams and able to generate high torque in tight spaces, it is a solution that has been refined by <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Royal Hakvoort</a> over years of building canoe-stern vessels.<img src="https://photo-assets.superyachttimes.com/photo/396211/image/large-9d9af2d4a7ba3a495473f7ac81ad923c.jpg" data-gid="gid://syiq/Photo/396211">Although capable of crossing the Atlantic, YB256 will primarily be used for short, comfortable runs with the frequent returns to port and high hospitality demands typical of most operational profiles. Every aspect of the interior has been conceived with wheelchair accessibility in mind, including a transformer-style platform in the stern. Guest and crew flows remain fully separated, which is not always the case on yachts of this size. The lower deck houses two full-beam VIP suites arranged around the main lobby and elevator; a third space will be used as an office/gym with a built-in recess for a running machine. The bridge deck is reserved for the owner’s sky lounge, while the captain’s cabin has been relocated to the lower deck. Crew areas have been configured to maximise discretion and operational efficiency with service and storage areas scaled to support day-use cruising.After touring the shipyard and the yacht, the lasting impression is that YB256 is not just a modern yacht in retro clothing. It is a study in constraint-driven design and smart engineering by a shipyard for whom “custom” is a vocation, not a marketing term. Its timeless elegance is more than skin deep, the result of many difficult decisions made in the belief that contemporary and classic can comfortably coexist – both in appearance and in engineering.<img src="https://photo-assets.superyachttimes.com/photo/396220/image/large-95656d748cc09cc4e461acdaecb835d0.jpg" data-gid="gid://syiq/Photo/396220">

Inside the build of a 45m Royal Hakvoort superyacht

Inside Royal Hakvoort's Project YB256, in collaboration with Hoek Design.

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has announced that the 47.1-metre superyacht <a data-gid="gid://syiq/Yacht/864" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halcyon47.1m (154'6&quot;)Feadship2001">Halcyon</a> has emerged from one of the most extensive rebuild programmes undertaken in recent years by its Refit &amp; Services division.<img src="https://photo-assets.superyachttimes.com/photo/396848/image/large-8821793a232d9fd6e300af307993cb86.jpg" data-gid="gid://syiq/Photo/396848">Launched in 2001 as Northern Lights, the yacht arrived at the Kaag facility in 2025. Initial works focused on a redesigned stern arrangement, a full repaint and a series of technical upgrades. However, it soon became clear that returning the vessel to proper standards, given her age, would require a far wider scope of intervention.<img src="https://photo-assets.superyachttimes.com/photo/396849/image/large-fc76ffca2e26a85305672b12c99c6657.jpg" data-gid="gid://syiq/Photo/396849">"When <a data-gid="gid://syiq/Yacht/864" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halcyon47.1m (154'6&quot;)Feadship2001">Halcyon</a> arrived, we expected a major refit," said Captain Joe Gallegos. "As the project developed, it became clear that we had the opportunity to do much more. With a knowledgeable and enthusiastic owner involved, it all came together."The yacht now features major structural, mechanical, technical and cosmetic improvements, while still retaining her original build heritage.<img src="https://photo-assets.superyachttimes.com/photo/396846/image/large-3c005ecf41d31b63211896ec2b37e432.jpg" data-gid="gid://syiq/Photo/396846">Among her most visible changes is a new staircase linking her main deck to her swim platform, together with a completely renewed exterior finish across both hull and superstructure. A number of exterior elements have also been refreshed, alongside modifications made to her mast as part of her broader works.Moreover, the project extended deep into the yacht’s systems. This amounted to a full technical renewal rather than a standard refit.<img src="https://photo-assets.superyachttimes.com/photo/396847/image/large-a4569b2d5318908af6126f84b323a9f6.jpg" data-gid="gid://syiq/Photo/396847"><a data-gid="gid://syiq/Yacht/864" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halcyon47.1m (154'6&quot;)Feadship2001">Halcyon's</a> bridge was fully updated with new equipment and related interior adjustments. Throughout the yacht, electrical systems were checked and upgraded, with new alarm, monitoring and power management systems fitted. The HVAC system was completely replaced, including new chillers, air handling units and fan coils.&nbsp;Guest and crew areas were also refreshed, including refurbished staterooms, restored marble surfaces, new blinds and updated interior finishes throughout. On deck, new teak was laid across most exterior areas. Key running gear was serviced and overhauled, including steering, shafts, bow thruster and rudders. Cold storage systems were renewed, diving equipment improved, tanks and technical rooms repainted, and her underwater hull coating fully redone after sandblasting.<img src="https://photo-assets.superyachttimes.com/photo/396850/image/large-75c81ae7c7f8ec276ac58002cfd81609.jpg" data-gid="gid://syiq/Photo/396850">The works carried out in her engine room and technical spaces were also substantial. Main engines and gearboxes were overhauled, two new generators installed, and core onboard systems replaced or upgraded. This included water production, ventilation, tank systems, sewage treatment, heating, freshwater distribution and fuel handling. Piping, wiring and supporting infrastructure were also replaced throughout the vessel.<img src="https://photo-assets.superyachttimes.com/photo/396851/image/large-cf76487ddc9091f4c992dfd8f969de75.jpg" data-gid="gid://syiq/Photo/396851">"What started as a refit became something much closer to a modified new build. The result is a classic <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, renewed and ready for years of successful cruising,” Captain Joe concluded.<a data-gid="gid://syiq/Yacht/864" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halcyon47.1m (154'6&quot;)Feadship2001">Halcyon</a> is now in the final commissioning phase ahead of her scheduled redelivery to her owner in July.

Feadship yacht Halcyon following refit

47m Feadship superyacht Halcyon emerges from extensive refit

<img src="https://photo-assets.superyachttimes.com/photo/396774/image/large-a930a2ff3cfa4b35df518a453ca17847.jpeg" data-gid="gid://syiq/Photo/396774">The 59.2-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/588" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Le Pharaon59.2m (194'3&quot;)Feadship1989">Le Pharaon</a> was recently seen anchored in Stabia Main Port, Castellammare di Stabia, Italy. According to AIS data, the yacht arrived from Bizerte, Tunisia, where she had been located since late last month.<a data-gid="gid://syiq/Yacht/588" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Le Pharaon59.2m (194'3&quot;)Feadship1989">Le Pharaon</a> is the second yacht to bear the name, having been commissioned by the same owner. After spending much of each year living aboard the original 55.5-metre Le Pharaon, now called <a data-gid="gid://syiq/Yacht/596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Victory55.5m (182'1&quot;)Feadship1983">Victory</a>, the owner opted to commission a larger successor tailored to extended periods of cruising.Designed by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, the yacht is characterised by the angular styling of her main deck superstructure and a timeless profile. Inside, the original interiors by <a data-gid="gid://syiq/Company/128" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Larvor (Company)">Larvor</a> were extensively refreshed and restyled in 2015 by designer Laura Pomponi of <a data-gid="gid://syiq/Company/2090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luxury Projects (Company)">Luxury Projects</a>, with accommodation available for up to 12 guests.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/588" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Le Pharaon59.2m (194'3&quot;)Feadship1989">Le Pharaon</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 that enable a cruising speed of 15.6 knots. According to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, both generations of <a data-gid="gid://syiq/Yacht/588" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Le Pharaon59.2m (194'3&quot;)Feadship1989">Le Pharaon</a> were conceived with highly advanced engine room arrangements designed to support long-range cruising and global exploration.

Feadship yacht Le Pharaon in Italy

The 59.2-metre Feadship superyacht Le Pharaon was recently seen anchored in Stabia Main Port.

59m classic Feadship superyacht Le Pharaon in Italy

The 26.78-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/11457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chillin26.78m (87'10&quot;)Azimut Yachts2020">Chillin</a> has been sold, with Sercan Nersesoglu of <a data-gid="gid://syiq/Company/5693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Redna Yachts (Company)">Redna</a> representing the buyer and Matthew Palmer of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/282928/image/large-2eec32659524312f3cdad943251a694d.jpg" data-gid="gid://syiq/Photo/282928">Delivered in 2020 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/11457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chillin26.78m (87'10&quot;)Azimut Yachts2020">Chillin</a> forms part of the popular Grande 27 Metri series and was previously named Dawo.Constructed with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/11457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chillin26.78m (87'10&quot;)Azimut Yachts2020">Chillin</a> has a beam of 6.59-metres and a draft of 1.45-metres.The yacht features exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. Her naval architecture was developed in-house by her builder.At an interior volume of 145 GT, accommodation onboard <a data-gid="gid://syiq/Yacht/11457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chillin26.78m (87'10&quot;)Azimut Yachts2020">Chillin</a> is arranged for up to 10 guests across five well-appointed staterooms. Four dedicated quarters are also provided for up to four crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/11457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chillin26.78m (87'10&quot;)Azimut Yachts2020">Chillin</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines delivering a cruising speed of 24 knots and a top speed of 28 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/11457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chillin26.78m (87'10&quot;)Azimut Yachts2020">Chillin</a> had a last known asking price of €3,999,000. Image courtesy of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>.

 27m Azimut motor yacht Chillin sold

 The 26.78-metre Azimut motor yacht Chillin has been sold with a last known asking price of €3,999,000.


The 49.98-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> motor yacht <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> has been spotted on sea trials in the North Sea, following her transport through the Netherlands earlier this week in preparation.<img src="https://photo-assets.superyachttimes.com/photo/396813/image/large-b91f23af584a7316444180ce1cfb0db1.jpeg" data-gid="gid://syiq/Photo/396813">The yacht was launched from <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen's</a> facility in Oss, the Netherlands, on 14 March and marks the fourth hull in the Dutch shipyard's 5000 Aluminium series. Construction commenced in 2023, with her aluminium hull and superstructure united in July 2024.<img src="https://photo-assets.superyachttimes.com/photo/396812/image/large-7d000f0063adbc92f318e9b2d58c7018.jpeg" data-gid="gid://syiq/Photo/396812">Penned entirely in-house, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia's</a> naval architecture is based on <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen's</a> hard-chine, shallow-draught Fast Displacement Hull Form. Her exterior design was crafted by Frank Laupman of <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a> and is finished in a distinctive Whisper Grey <a data-gid="gid://syiq/Company/1485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Awlgrip (Company)">Awlgrip</a> paint scheme.<img src="https://photo-assets.superyachttimes.com/photo/396810/image/large-1961eda3c76187add8a6af4115b8c74d.jpeg" data-gid="gid://syiq/Photo/396810"><img src="https://photo-assets.superyachttimes.com/photo/396807/image/large-d1870b2254f1e3bdb2da557f0bd61daf.jpeg" data-gid="gid://syiq/Photo/396807">Inside, the semi-custom yacht features interiors by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a>, where a sophisticated palette of sage green tones, mustard accents and warm bronze details creates an inviting atmosphere throughout.<img src="https://photo-assets.superyachttimes.com/photo/396806/image/large-fc903b7fb9906edeb7c5cc615bbf59fd.jpeg" data-gid="gid://syiq/Photo/396806"> <img src="https://photo-assets.superyachttimes.com/photo/396814/image/large-703c345b11640b9751c6d66bb4dc87be.jpeg" data-gid="gid://syiq/Photo/396814">Drawing inspiration from her name, which derives from the Greek word for wisdom, the interior concept aims to evoke a sense of refinement and understated elegance.Moreover, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> accommodates up to 12 guests across five staterooms at a volume of 499 GT. <img src="https://photo-assets.superyachttimes.com/photo/396804/image/large-14beb04d7750059930cccd1561845462.jpeg" data-gid="gid://syiq/Photo/396804">The arrangement is centred around a spacious owner's suite on the forward main deck, while the remaining guest accommodation is located on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/396649/image/large-205f426ce70968959dc26de7e55d1248.jpeg" data-gid="gid://syiq/Photo/396649"><img src="https://photo-assets.superyachttimes.com/photo/396652/image/large-546c42eb9478bab7a3c65d2890fd6cd3.jpeg" data-gid="gid://syiq/Photo/396652">Outdoor living is a key feature of the yacht's design. A generous beach club provides direct access to the water, while the main deck aft terrace offers ample space for lounging and relaxation. Guests can enjoy alfresco dining on the bridge deck aft, with additional entertaining and sunbathing areas available on the expansive sundeck.<img src="https://photo-assets.superyachttimes.com/photo/396651/image/large-a603ef8da832512f7f449be519a433b4.jpeg" data-gid="gid://syiq/Photo/396651"><img src="https://photo-assets.superyachttimes.com/photo/396653/image/large-ab0cf674fd5eaebcc711944e0736c3cf.jpeg" data-gid="gid://syiq/Photo/396653">Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> is expected to reach a top speed of 23 knots and offers a transatlantic range of 3,100 nautical miles when cruising at 11 knots.<img src="https://photo-assets.superyachttimes.com/photo/396520/image/large-bc3e170199cfcab010ffbf2bec2571f3.jpg" data-gid="gid://syiq/Photo/396520">Built on speculation, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> is currently listed for sale and is scheduled for delivery on 15 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396647/image/large-318a3cc36ef6d0d7e0136af4f2acdb03.jpeg" data-gid="gid://syiq/Photo/396647"><img src="https://photo-assets.superyachttimes.com/photo/396522/image/large-f97599b52b7c3e4adb33a5e23df0ca8b.jpeg" data-gid="gid://syiq/Photo/396522">

Heesen yacht Sophia sea trials

Heesen has announced that the 49.98-metre Heesen motor yacht Sophia is preparing for her sea trials. 

50m Heesen superyacht Sophia on sea trials

The 28.04-metre <a data-gid="gid://syiq/Company/538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westship Yachts (Company)">Westship</a> motor yacht <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> has been sold. Mark Mitchell of <a data-gid="gid://syiq/Company/2223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HMY Yacht Sales (Company)">HMY Yacht Sales</a> represented the buyer, while Cole Watkins of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> represented the seller. <img src="https://photo-assets.superyachttimes.com/photo/374227/image/large-685e94b0a17dddfab290192c1d7f58e3.jpg" data-gid="gid://syiq/Photo/374227">Delivered in 1997 by the American shipyard, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> is a flybridge motor yacht that marries generous onboard space with long-range cruising capability. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> most recently underwent a refit in 2023.Stepping inside, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> embraces a classic styling, pairing warm timber finishes with soft neutral tones and rich navy accents. Expansive windows flood her main saloon with natural light, while airy lounge areas on the deck and a full-beam owner’s suite all contribute to her relaxing atmosphere.With a beam of 7.01-metres and spanning 137 GT, accommodation onboard <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> is arranged for up to eight guests across four well-appointed staterooms, alongside dedicated quarters for crew members.&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 17 knots and a top speed of 22 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> had a last known asking price of $695,000.

28m Westship motor yacht Bravo Zulu sold

The 28.04-metre Westship motor yacht Bravo Zulu has been sold with a last known asking price of $695,000.

Norwegian yacht brokerage firm <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts AS</a> has announced that it will take over the operations of the <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent BV</a> yacht &amp; ship brokerage. The transition is set to take effect on 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396785/image/large-11656c5f35c638490d570c2a8263141e.jpg" data-gid="gid://syiq/Photo/396785">The move follows the decision of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> founder and Chief Executive Officer Marcel Borgmann to step back from the yachting industry after more than 35 years. Established in 2010, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> has grown into an internationally recognised brokerage network. The company provides sales, charter and advisory services to yacht owners and buyers through a network of brokers across multiple countries.Under the new arrangement, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent's</a> activities will continue under the ownership and management of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, led by Managing Director Rune Riktor. The company stated that the transition is intended to ensure continuity for clients and partners while preserving the values and reputation established by <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> over the past 16 years.“Marcel has created something truly remarkable," said Rune. "<a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> earned its reputation through hard work, expertise, and an unwavering focus on clients. We are honoured by the trust Marcel has placed in us and are committed to carrying forward the values, relationships, and high standards that have defined <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for so many years.”Rune is no stranger to the brokerage house, having worked with <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for several years as both an agent and partner. According to <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, this longstanding relationship will help maintain the level of service and international reach that clients have come to expect.“I am immensely proud of what we have achieved through <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>. It has been an incredible journey, made possible by our clients, partners, and colleagues around the world,” concluded Marcel. “I have every confidence that Rune and the team at <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a> will continue this journey with the same passion and dedication that have always been at the heart of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>.”Photo courtesy of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>.

Skippern Yachts takes over Sea Independent brokerage

Norwegian yacht brokerage firm Skippern Yachts AS has announced that it will take over the operations of the Sea Independent BV.

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