<a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Group</a> has opened a new office in <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a>, La Spezia, Italy. Porto Mirabello opened in 2010 and offers 407 berths, 100 of which are for superyachts up to 140-metres in length. <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> will now offer the full spectrum of services, including brokerage, from the site.<img src="https://photo-assets.superyachttimes.com/photo/247524/image/large-e9c5dc4a621c9773ecdbd7a34eb4f6d9.jpeg" data-gid="gid://syiq/Photo/247524">The new <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a> office will replace the company’s former premises in Porto Lotti and will be headed by Pino Di Mora, Senior Project Manager and General Manager Italy. &nbsp;“The move to <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a> will further strengthen our visibility in the region,” Pino Di Mora explained. “Thanks to the port's strategic location and modern infrastructure, we are now even better positioned to promote the services offered by <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> and <a data-gid="gid://syiq/Company/808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moravia Yachting (Company)">Moravia Yachting</a> to local and international clients, including project management for refits and new construction, surveys, and crew placement.”<img src="https://photo-assets.superyachttimes.com/photo/36417/image/large-3eb19c0b24fdfddf282c30b600fa93c1.jpg" data-gid="gid://syiq/Photo/36417">Read:<a data-gid="gid://syiq/Article/55156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title=" Hill Robinson on the Saudi Vision 2030 and superyacht tourism in KSA (2022-05-19 12:45:00 +0200)">&nbsp;Hill Robinson on the Saudi Vision 2030 and superyacht tourism in KSA</a><a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> has had a presence in La Spezia with Pino overseeing the brand’s Italian operations since 2019. As <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> reported, “Located in the heart of Italy’s yacht building and refit hub, and in close proximity to major Italian shipyards, suppliers and contractors, La Spezia is an important centre for the superyacht industry in Italy.”<img src="https://photo-assets.superyachttimes.com/photo/36418/image/large-4d2707153ce73c1d50d7c28a5eda93fe.jpg" data-gid="gid://syiq/Photo/36418">Read:&nbsp;<a data-gid="gid://syiq/Article/53588" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title='"Our service is a dream for any client": Project Management at Hill Robinson (2021-09-09 11:30:00 +0200)'>"Our service is a dream for any client": Project Management at Hill Robinson</a>Alessandro Menozzi, Founder and Owner of <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a>, added: “I am proud and honoured to host such a prestigious company like <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> here in <a data-gid="gid://syiq/Company/4287" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Mirabello (Company)">Porto Mirabello</a>. La Spezia has become increasingly important for the yachting industry. We currently have more than 40 percent international clients and I firmly believe that accommodating a well-recognised company like <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> will be an added value for us. Customised support and dedicated facilities are the core of our business, and this important partnership with <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> allows us to improve our top-level services even more."

Hill Robinson new office in La Spezia

Hill Robinson Porto Mirabello office

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Porto Mirabello in La Spezia, Italy

Hill Robinson Group has opened a new office in Porto Mirabello, La Spezia, Italy, which will replace the company’s former premises in Porto Lotti.

Hill Robinson opens new office in Porto Mirabello, La Spezia, Italy

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

Feadship introduces Resale for Feadship owners

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

Feadship announces new brokerage division with 5 yachts listed

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

Cantiere Navale Vittoria acquired by Cavazzana Group

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

Cantiere Navale Vittoria acquired for €8.2 million

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

Outer Reef Yachts merges Lynx Yachts

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

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Outer Reef Yachts merges with Dutch yard Lynx Yachts

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

Sanlorenzo to buy Nautor Swan

<a data-gid="gid://syiq/Company/7795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo Asia-Pacific (Company)">Sanlorenzo Asia</a>, a division of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, has announced its rebranding to <a data-gid="gid://syiq/Company/7795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo Asia-Pacific (Company)">Sanlorenzo Asia-Pacific</a> (<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo APAC</a>), effective immediately. This strategic change reflects the company's ambition to strengthen its market presence and cater to the growing demand for yachts and related services throughout the Asia-Pacific region.<img src="https://photo-assets.superyachttimes.com/photo/320976/image/large-9aa7964d2150536b113e3b1edab436c3.jpg" data-gid="gid://syiq/Photo/320976">As part of this strategy , <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is extending its reach in Australia by opening a new sales office at Jones Bay Wharf, Sydney. This move aims to capitalise on the established market for superyachts in that particular region.<img src="https://photo-assets.superyachttimes.com/photo/320978/image/large-f81cdf13ee337ca3e42e549a78757931.jpg" data-gid="gid://syiq/Photo/320978">Richard Allen, Chief Operating Officer of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine Group</a>, expressed his enthusiasm, commenting: “Australia represents a significant opportunity for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>. Its stunning coastline, vibrant yachting community, and steadily increasing number of ultra-high-net-worth individuals (UHNWIs) make it an ideal hub for the brand with several <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> yachts already based in the country.”&nbsp;Allen further added, “As recently presented by the <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> during the first <a data-gid="gid://syiq/Event/213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2024- 1st Edition">Asia-Pacific’s Superyacht Summit</a> held in early June in Hong Kong, in 2024 there are 423 superyachts above 30-metres owned in the Asia-Pacific region with 34% of them located in Australia and 5% in New Zealand. This is significantly more than the second largest market represented by Hong Kong at 22%. These numbers, along with a strong boating pedigree and yachting culture in Australia gives us confidence for the growth of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> in Australia and neighbouring New Zealand.”<img src="https://photo-assets.superyachttimes.com/photo/320977/image/large-9315d0fa1be8b1c01a0922b8371fa366.jpg" data-gid="gid://syiq/Photo/320977">Nick Stratton, Chief Sales Officer of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine Group</a> further echoed this sentiment, explaining that: “We see immense potential in Australia as the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Pacific Hub. Our tailored approach to yacht design and craftsmanship resonates with clients seeking bespoke solutions and yachts with long-range capacity and elevated lifestyle at sea. With our expanded presence and a wide range of yachts through <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> (24m-80m+) and sister brand <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> (13m-24m), we’re well-positioned to meet their needs.”<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979">Joachim Howard, with extensive experience in new and brokerage yacht sales, as well as charter services within Australia, has been appointed as the Country Sales Manager for <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Australia, effective immediately.

Sanlorenzo Asia increases focus on Pacific region with rebrand

Sanlorenzo Asia rebrands to Sanlorenzo Asia-Pacific.

<a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> Group, which includes the main yacht builder, as well as technical specialists <a data-gid="gid://syiq/Company/458" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rondal B.V. (Company)">Rondal</a> and refit facility <a data-gid="gid://syiq/Company/7286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Huisfit (Company)">Huisfit</a>, has announced that O2 Capital Partners intends to become the new shareholder. Owned by Dutch long-term investor Philip Sluiter, O2 Capital Partners will take over from current shareholders Koninklijke Doeksen and Parcom. The acquisition is expected to be completed in August 2024.<img src="https://photo-assets.superyachttimes.com/photo/309614/image/large-2324373a3664cb5689f2784568fba023.jpg" data-gid="gid://syiq/Photo/309614">The company has declared that the company's existing management team will remain the same, and will continue to develop the Group's portfolio over the coming years. Jan Willem Doeksen, representative of the current shareholders, says: “It has been an honour to support and develop <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> Group into the leading company it is today. We leave behind a company with a strong order portfolio and a dedicated team of specialists.”Philip Sluiter, owner of O2 Capital Partners: “We are delighted to become part of the rich heritage of <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> Group. Our goal is to further build on the current healthy foundation and invest in the future of this iconic company for the long term. We recognise the potential in the combination of craftsmanship and innovation that characterises <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> Group.”Jan Timmerman, CEO of <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> Group, emphasizes: “Despite a challenging decade, the current shareholders have always provided us with the trust and support for which I am grateful. With the arrival of O2 Capital Partners, we have found a new investor who shares our values and passion and will assist us in realising our ambitious strategy for the long term.”The new owner O2 Capital Partners is based in the Netherlands with a portfolio across the maritime, produce and mechanical sectors. Koninklijke Doeksen and Parcom, a Dutch investment company, have been involved with Royal Huisman since 2014. Parcom has also been involved with the Dutch boat builder <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> since 2022, while Koninklijke Doeksen is a fourth generation family-run holding company in the maritime sector.&nbsp;

Royal Huisman shareholder O2 Capital Partners

Royal Huisman has announced that O2 Capital Group will become new shareholder.

Royal Huisman to be sold to O2 Capital Partners

<a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a> (<a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">CNV</a>) has announced the receipt of a second binding expression of interest for the acquisition of the Italy-based yard. This follows the recent submission of the first binding proposal to purchase the yard.<img src="https://photo-assets.superyachttimes.com/photo/176340/image/large-eb1a27289bab38f8a561805989808a06.jpg" data-gid="gid://syiq/Photo/176340">Commenting on this interest, CEO of the shipyard Dr. Stefano Lupi states: “it demonstrates the keen interest of numerous businesses in <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a>. Following the arrival of the first offer two weeks ago, it was predictable and desirable that new players would present themselves, and this is what is happening. I am sure that following the opening of the competitive procedure which we hope will start as early as August, there will be other investors available to formalise their interest in the acquisition. There is truly great interest regarding the prospect of the sale of <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">CNV</a>, and it could not be otherwise given the almost century-old history of the company, its strategic and technological value and the seriousness with which the rescue operation is being conducted.”The Restructuring Plan (PRO) presented by <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">CNV</a> includes a ‘basic’ option for repaying the company's debts and an improvement; option. The latter relies on securing an investor who can inject additional financial resources, benefiting the creditors.President of the shipyard, Paolo Duò, expressed his satisfaction with the new offer, stating: “The arrival of this further offer demonstrates the strategic attractiveness of our company’s business. This expression of interest is an improvement compared to the previous one, both in terms of payment terms and amounts offered. I have had the opportunity to interface several times with the investor in question, whose name will remain confidential at the moment, and I consider it a very interesting option for <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">CNV</a>. It stands out in terms of vision, institutional relations, competence, and economic-financial reliability. There is an important relaunch project behind it, which aligns with the interests of our staff, customers, suppliers, credit institutions, and all related local industries.”According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">CNV</a> have delivered one yacht so far, the 24-metre <a data-gid="gid://syiq/Yacht/11349" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vittoria LC Superfast 24.0m (78'9&quot;)Cantiere Navale Vittoria2021">Vittoria LC Superfast</a>, and have one in-build, the 32-metre Vittoria Veloce 32 RPH, scheduled for delivery this year.&nbsp;<a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> will continue to monitor the situation and report its development.&nbsp;

Cantiere Navale Vittoria receives second buyout proposal

Cantiere Navale Vittoria (CNV) has announced the receipt of a second binding expression of interest for the acquisition of the Italy-based yard.

A significant step has been taken in the effort to rescue <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a>, a shipyard based in Adria, Italy, with the submission of the first binding proposal in an Italian court. The management buy-out is led by local businessman Matteo Fusetti, owner of the FCM Group.<img src="https://photo-assets.superyachttimes.com/photo/176340/image/large-eb1a27289bab38f8a561805989808a06.jpg" data-gid="gid://syiq/Photo/176340">Fusetti's rescue plan, which includes a binding offer supported by a deposit, has been bolstered by financial support from Studio Mangano, an architectural firm from Reggio Emilia with a branch in Adria, and legal assistance from the law firm Francesca Martinolli. This proposal was presented to the pre-bankruptcy procedure bodies.Michele Lauriero, senior project manager at <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a>, expressed confidence in Fusetti's proposal. “Among the various proposals received, that of Matteo Fusetti stood out for its seriousness and concreteness, fully reflecting our corporate vision. Matteo is a talented young entrepreneur with extraordinary skills,” he stated.Lauriero highlighted Fusetti's successful transformation of FCM Group into a modern and profitable industrial entity as evidence of his capability. He believes that the combination of the shipyard's technical and managerial expertise with Fusetti's strategic vision will be pivotal for the relaunch of <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Vitt</a><a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">oria</a>.The FCM Group, located in Corbola, near Adria, specialises in constructing plants, specialised systems, and high-value metal carpentry. The company is already active in the shipbuilding and industrial sectors.Matteo Fusetti emphasised the dedication and seriousness of Michele Lauriero and Dr. Vittoria Duò from the outset. “There is total dedication on my part and that of the team in rebuilding the bright future that an Italian excellence like <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">CNV</a> deserves. We will bring resources and new initiatives in the naval field to safeguard the greatest possible number of jobs and promote development over time,” said FusettiLauriero noted that the proposed buyout has garnered immediate support from the local supply chain, which includes suppliers, subcontractors, banks, and other local and sector companies. He added, “The support of the local supply chain has been a cornerstone for the development of our plan. The enthusiasm and availability shown by local companies not only strengthen our confidence in the project but also guarantee a solid operational base for the relaunch. The synergy between all the parties involved will be a key element in bringing <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a> back to the top of the sector.”This initiative marks a hopeful turning point for <a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a>, as stakeholders rally to secure its future in the naval industry.

Management buyout proposal seeks to save Cantiere Navale Vittoria

A significant step has been taken in the effort to rescue Cantiere Navale Vittoria, a shipyard based in Adria, Italy,

Management buyout proposal seeks to salvage Cantiere Navale Vittoria from insolvency

<a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM Yacht Refit &amp; Rebuild</a> has announced that a contract has been signed with Cimolai Technology for a state-of-the-art 900-ton travel lift at their facility in Viaport Marina, Tuzla.<img src="https://photo-assets.superyachttimes.com/photo/320155/image/large-114d49c65f119c2714a43b4e2a249882.jpg" data-gid="gid://syiq/Photo/320155">Scheduled for November 2024, the 900-ton lift will allow <a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM Yacht</a> to accommodate vessels up to 70-metres in size at its main facility, making it the largest travel lift in Turkey. The new travel lift will help <a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM Yacht</a> to provide high-quality services and facilities to their clients.&nbsp;”Seven years ago, we made our first purchase from Cimolai Technology—a 300-ton travel lift. Today, we’re proud to continue our partnership with this acquisition of a 900-ton travel lift,” explained Managing Director, Kerem Başer.<a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)"><img src="https://photo-assets.superyachttimes.com/photo/320156/image/large-52481f31825e643a0363f997413167bb.jpg" data-gid="gid://syiq/Photo/320156">KRM Yacht</a> has easy access to authorised services and subcontractors in Turkey, with over 350 marine professionals involved in their operations. Moreover, KRM Yacht offers tax-free services, ensuring a hassle-free experience for their clients.Located in Tuzla, Istanbul, <a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM Yacht</a> provides direct access to Turkey and is within a five-minute walk of extensive amenities, including a shopping mall, hotels, fitness centres, and diverse dining options, alongside many sports facilities.<img src="https://photo-assets.superyachttimes.com/photo/309766/image/large-3e0c00de0f58ad553ced3fd724d25575.jpg" data-gid="gid://syiq/Photo/309766">Just 15 minutes from Sabiha Gökçen Airport, &nbsp;<a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM Yacht</a> ensures easy international connectivity, as it is positioned at the bridge between Europe and Asia. Additionally, three ski resorts are within a two-hour drive, ideal for winter sports enthusiasts.&nbsp;

KRM Yacht signs contract for new 900-ton yacht travel lift

KRM Yacht Refit & Rebuild has signed a new contract for a state-of-the-art 900-ton travel lift at their facility in Viaport Marina, Tuzla.

KRM Yacht signs contract for Turkey’s largest yacht travel lift

<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> has announced a strategic expansion into Vietnam, with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> and <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a>, through a partnership with yacht and jet sales brokerage company O2H2O and SS&amp;Sons Group, a holding company which represents a number of luxury brands in Vietnam.<img src="https://photo-assets.superyachttimes.com/photo/319852/image/large-ae2ea17ffdd3ec19de56de51d4b68ead.jpg" data-gid="gid://syiq/Photo/319852">Under the ownership of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and represented by Alexandre Heng, Founder of O2H2O and Sassy Nguyen, CEO of the SS&amp;Sons Group, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> will continue to expand into new emerging markets in the Asia-Pacific region.“The partnership with O2H2O Vietnam, represented by Alexandre Heng and Sassy Nguyen, further strengthens <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>’s presence in Asia and Vietnam, a market previously served through our Hong Kong and Thailand offices,” explained Richard Allen, COO of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group.With a coastline spanning 3,260 kilometres, Vietnam has 2,800 islands with nearly 400 alone in the famous Ha Long Bay area. As the leisure-boating lifestyle gains traction, marinas are gradually being developed, with key industry players gradually investing in local operations.<img src="https://photo-assets.superyachttimes.com/photo/309292/image/large-c02fb38a81ceb3b6ad6502ea55d75d7f.jpg" data-gid="gid://syiq/Photo/309292">“Together with O2H2O Vietnam, we will unlock the full potential of Vietnam’s yachting industry leveraging on their local expertise, experience and passion for bespoke luxury and yachting,” added Richard Allen.<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> plans to work with local industry organisations to drive change and growth enabling more owners in Vietnam to enjoy boating in the region. The expansion will also see a new office open in early autumn in the business district of Ho Chi Minh City.“With 20 years of involvement in the yachting industry in Asia, I am absolutely thrilled to launch this sensational cooperation between O2H2O Vietnam together with <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Asia,” commented Alexandre Heng of O2H2O.<img src="https://photo-assets.superyachttimes.com/photo/319853/image/large-237fe4f6ecac56087af407d64e4a988a.png" data-gid="gid://syiq/Photo/319853">This expansion underscores <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>’s commitment to providing exceptional yachting experiences in Vietnam. As part of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Group, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is well-positioned to lead the industry’s growth in this promising market.We very much look forward to expanding their passions to the yachting lifestyle. And we are equally proud to team up with <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> and become the official partner for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> and <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a> in Vietnam,” concluded Sassy Nguyen, SS&amp;Sons Group.

Simpson Marine expands into Vietnam with O2H2O partnership

Simpson Marine has announced a strategic expansion into Vietnam, with Sanlorenzo, Bluegame and Fairline, through a partnership with O2H2O.

Simpson Marine expands into Vietnam with Sanlorenzo, Bluegame and Fairline

<a data-gid="gid://syiq/Company/6651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ShadowCAT (Company)">Shadowcat</a> has unveiled the first renderings of a new 72.8-metre support vessel concept, Catfish. Developed as an expedition vessel, the catamaran will be able to carry and deploy a custom 18.6-metre sportfisher yacht. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/328613/image/large-ede9dc01fda1af377ef533c8c8025658.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240919%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240919T152158Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=8bc39e2f024aca5e24030fd3680e3f8b2c608446c61d5d2832ed7c622253a6fa" data-gid="gid://syiq/Photo/328613">Designed for a true ocean sport enthusiast, Catfish features in-house interior layout and design, supported by Theodoros Fotiadis of <a data-gid="gid://syiq/Company/5704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Theodoros Fotiadis Design (Company)">T.Fotiadis Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/1377" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Incat Crowther (Company)">Incat Crowther</a>. Constructed entirely from marine-grade aluminum, Catfish aims to leverage her lightweight and fuel-efficient platform to set a new standard for expedition yachting.Key features onboard Catfish include, a certified EC135 helipad and hanger, sportfisher davits with a total safe working load of 45 tonnes, a fish station and freezer, a bait and tackle shop, a hospital and chamber room and a dive room.&nbsp; <iframe width="640" height="360" src="https://player.vimeo.com/video/1011011838?share=copy#t=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> “Unlike traditional monohulls, which are often limited to launch and recovery in harbour conditions, this catamaran and its unique wave-compensation davits can handle operations in 1.5-metre seas, with a maximum roll of just six degrees and a pitch of three degrees,” explained Shadowcat.Boasting an impressive beam of 15.5-metres and an internal volume of 2,200 GT, Catfish will be able to accommodate up to 10 guests across five staterooms on the upper deck, including a VIP suite situated forward with an office/lounge area and large ensuite bathroom.<img src="https://photo-assets.superyachttimes.com/photo/328611/image/large-9441f7d5b6b5ed7c34c9d82b08843686.png" data-gid="gid://syiq/Photo/328611">The remaining guest staterooms consist of four double suites amidships, while eight twin and two single crew cabins can be found on the main deck and her captain’s cabin and office are situated on the wheelhouse deck.Catfish also boasts a ‘Mariner’s Den’, with a large fold out balcony, generous lounge space and a bar and gyroscopic pool table. A glass-enclosed submersible garage and various toys can also be viewed via the lounge’s roll up door, which provides a fully open-air relaxation space. <iframe width="640" height="360" src="https://player.vimeo.com/video/1011011959?share=copy#t=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> Guests will be able to take advantage of a plethora of toys and tenders onboard, such as an 18.6-metre custom sportfisher yacht, 12-metre and eight-metre RIBS, a <a data-gid="gid://syiq/Company/4195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Triton (Company)">Triton</a> 660/7 submersible for six and five Jet Skis.In terms of propulsion, Catfish will be able to reach a top speed of 21 knots, with a cruising speed of 14 knots.<img src="https://photo-assets.superyachttimes.com/photo/328612/image/large-c17112b96a0ebeef3d78b9a58fc9a59d.png" data-gid="gid://syiq/Photo/328612">

Shadowcat’s new 73m support catamaran concept Catfish

Shadowcat has unveiled the first renderings of a new 72.8-metre support vessel concept, Catfish

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Shadowcat reveals new 73m support catamaran concept Catfish 

The 48.68-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/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> has been sold in an in-house deal by brokers from <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. Extensively refit in 2023 at <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico</a>, <a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> was presented to the market in excellent condition with a distinctive dark blue hull and white superstructure.<img src="https://photo-assets.superyachttimes.com/photo/280594/image/large-40c52e1b71fa6470e89ec948fcb0d290.jpg" data-gid="gid://syiq/Photo/280594">Built in 2017, her original interiors were designed by <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Team for Design - Enrico Gobbi</a>, while her naval architecture was undertaken by <a data-gid="gid://syiq/Company/1234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrabito Naval Architects (Company)">Arrabito Naval Architects</a>. During her refit <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a> renovated her interiors with a clean natural decor incorporating marbles, woods and linen.<img src="https://photo-assets.superyachttimes.com/photo/280376/image/large-2ceea72125d4a89396ef1871bda7e71e.jpg" data-gid="gid://syiq/Photo/280376"><img src="https://photo-assets.superyachttimes.com/photo/280379/image/large-f3153fb8e6061f7b5f8f1e9c65d39879.jpg" data-gid="gid://syiq/Photo/280379">The yacht can accommodate up to 10 guests onboard, with five guest staterooms, including a main deck owner’s suite, two VIPs, and two twins. The owner's suite exudes a contemporary yet classical style and is equipped with an office, reading nook, two drop-down balconies, and unobstructed panoramic views.<img src="https://photo-assets.superyachttimes.com/photo/280380/image/large-b5e70ed60751f9625a0ffa9cc63d4069.png" data-gid="gid://syiq/Photo/280380"><img src="https://photo-assets.superyachttimes.com/photo/280383/image/large-56e7af63aafb51fddefdf3ce55aeb620.png" data-gid="gid://syiq/Photo/280383">Performance-wise, she sports twin <a href="https://sya.superyachttimes.com/companies/caterpillar-inc" target="_blank">Caterpillar</a> C32 Acert diesel engines with a combined 2,598 horsepower. She is able to reach a top speed of 15 knots and a cruising speed of 14 knots. <img src="https://photo-assets.superyachttimes.com/photo/280389/image/large-8949efcd586724d23d61e8cd96cda4e5.jpg" data-gid="gid://syiq/Photo/280389"><a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> had a last known asking price €23,500,000. <img src="https://photo-assets.superyachttimes.com/photo/280396/image/large-aa7c6045971de353d417ce0b4ba2ec53.png" data-gid="gid://syiq/Photo/280396">

Rossinavi yacht N2H sold

The 49m Rossinavi yacht N2H has been sold in an in-house deal with Edmiston yacht brokers.

49m Rossinavi superyacht N2H sold

Evolving from a small-scale operation into a multi-service organisation, <a data-gid="gid://syiq/Company/5584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MennYacht Group (Company)">MennYacht Group</a> has come a long way since its creation in 1994. Still presided over by the original founder Matjaž Murko today, the company now represents several brands of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and operates across various Central and Eastern European countries, with a strong presence along the Adriatic coast.<img src="https://photo-assets.superyachttimes.com/photo/328602/image/large-f0b53309825f90cea989c7c504d55069.jpg" data-gid="gid://syiq/Photo/328602">What led to your entry into the yachting industry?I was born in Germany and moved to Slovenia in 1972 when I was ten years old. Shortly thereafter, I joined a well-known sailing club in Slovenia named Pirate. From a young age, I exhibited an entrepreneurial spirit; my first venture was founding a windsurfing school with a friend, catering to tourists on the beach. It's important to note the geographic significance of Slovenia, which is bordered by Italy to the west and Croatia to the south and east. Slovenia attracts many visitors from the Czech Republic and other Eastern European countries. Additionally, our linguistic similarities foster a welcoming environment for these tourists.This early experience further fueled my interest in the nautical industry, which prompted me to explore additional opportunities. My breakthrough came at the Genoa Boat Show in 1994, where I discovered the Pershing brand. Just a few months later, I signed a contract with the shipyard and acquired two yachts, a 60-footer and a 70-footer and began actively promoting Pershing in the Adriatic.<img src="https://photo-assets.superyachttimes.com/photo/328599/image/large-fe3e86a9dd94651ebd8b14f1582ea966.jpg" data-gid="gid://syiq/Photo/328599">Could you elaborate on your close ties with various Ferretti Group brands and how it came to be that you represented them?In 1998, following <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>'s acquisition by the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Pershing recommended us as a dealer for <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands in Austria, Slovenia, and other parts of Europe. We promptly signed the contract and officially started our dealership with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> in 2000. As the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> expanded and integrated brands such as Riva, we also began representing them in our markets.Currently, we represent all <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands, except for CRN and Wally, across several regions. Our markets include Austria, Germany (specifically clients in the Adriatic region for <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, and Itama), the Czech Republic, Slovakia, Slovenia, Hungary, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, and Albania. Over the past twenty years, these countries have seen economic development, though they still face certain challenges. Despite our wide geographic reach, we encounter specific local preferences. In Hungary for example, there is a strong preference for conducting business in Hungarian. As a result we maintain an office in Budapest to accommodate this need, despite its landlocked location. We also have an office in Prague, Czech Republic, and one in Belgrade, Serbia. These different locations allow us to offer bespoke services, adapted to the local business culture.<img src="https://photo-assets.superyachttimes.com/photo/328598/image/large-821263695bb15703bea192a6f86d08b3.jpg" data-gid="gid://syiq/Photo/328598">What strategies did MennYacht employ to successfully expand into Eastern European marketsFrom the outset, establishing comprehensive services was crucial, encompassing not only yacht sales but also dedicated maintenance and support. When operations began, back in 1994, sourcing essential components such as generator impellers posed significant challenges. Damage to an impeller could disable the entire generator, disrupting critical onboard functions, including cooking, yet obtaining these components was complicated by supply distribution issues. Indeed, Slovenia and Croatia were not part of the European Union at that time, leading to intricate customs and logistics scenarios.To address these challenges, we significantly expanded our service network, which now covers all major marinas and key cruising locations along the Adriatic coast. Thanks to our local network and expertise, we are known for our rapid response times, a fact acknowledged by our clients and competitors alike.Our team comprises highly experienced professionals, some of whom have been with us for 15-20 years. With the increasing complexity of yachts due to advanced technology and design features, it is imperative to stay at the forefront of service excellence. In collaboration with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, we have played a crucial role in providing ongoing educational programs for our workers, ensuring they are well-prepared to meet contemporary challenges.<img src="https://photo-assets.superyachttimes.com/photo/328604/image/large-97e4aaf81a00cf9ce7c98bb81c584023.jpg" data-gid="gid://syiq/Photo/328604"> How do events contribute to the MennYacht brand and client engagement?Alongside our 30th anniversary celebrations, we hosted significant events such as the Gala Yacht Ball and Summer Breeze at Ravni Zakan. These occasions allow us to engage deeply with our clientele in a setting that highlights both our latest offerings and our rich legacy. Moreover, we hosted a similar event last year where we invited all our clients and provided entertainment with <a data-gid="gid://syiq/Company/5733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Technohull (Company)">Technohull</a> luxury RIBs, for which we are also the official regional dealers.These events, along with our yearly magazine and our 30th anniversary book, significantly enhance client engagement. Crucially, they also provide us with deeper insights into our clients' perspectives, such as whether they are considering acquiring a new yacht because their current one is becoming outdated or too small. To be successful in today's market, it is not enough to be a dealer; a 360-degree approach is required.<img src="https://photo-assets.superyachttimes.com/photo/328597/image/large-1a06b306801dedc5024d56cc19d873f5.jpg" data-gid="gid://syiq/Photo/328597"> Any future plans you would like to unveil?In recent years, we've significantly advanced our marketing efforts, collaborating with media companies and promoting our 30th anniversary. Despite these successes, we recognise areas that require further improvement.Currently, like many in the industry, we face a shortage of skilled labour, particularly mechanics and electricians. The growth of our fleet has outpaced our staffing capabilities, highlighting the critical need to balance the number of yachts with employee recruitment to enhance our operations.Moreover, we have been improving our technological capabilities by investing in software programs that aim to more efficiently understand the yachts clients desire. This will better facilitate our sales strategies and improve our ability to track client inquiries and preferences. For instance, if a client expressed interest in a specific type of superyacht a year ago, these new systems will allow us to process that information more quickly and accurately. We have a dedicated team, much like a family, where each member, including my son, plays a crucial role. Together, we are committed to continuing our legacy for many more years to come. This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" rel="noopener noreferrer" target="_blank" title="">available for download here.</a>

In conversation with Matjaž Murko of MennYacht Group

Founder Matjaž Murko on MennYacht's strong relationship with the Ferretti Group and its expanding presence in the Adriatic.

The 40.25-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy </a>superyacht <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a> sold, with <a data-gid="gid://syiq/Company/2110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Masters (Company)">Yacht Masters</a> introducing the buyer, and <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess&nbsp;</a>representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/291017/image/large-32872df87e97d92a824859cede283ae0.png" data-gid="gid://syiq/Photo/291017">Delivered by her Australian shipyard in 2005, the flybridge yacht features exterior design and naval architecture by <a data-gid="gid://syiq/Company/35" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Naval Architects Ltd. (Company)">Dubois Naval Architects</a>, as well as interior styling created by <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey Designs</a>. <img src="https://photo-assets.superyachttimes.com/photo/291027/image/large-496e11eea6f2c8532c6699d8e03d6e1c.png" data-gid="gid://syiq/Photo/291027"><img src="https://photo-assets.superyachttimes.com/photo/291020/image/large-298081249cd41b8b3b1b065d3cc49012.png" data-gid="gid://syiq/Photo/291020">With a volume of 294 GT and a beam of 8.5-metres, the yacht is capable of hosting as many as 10 guests across her five staterooms, and is also able to support a crew of up to six members onboard.<img src="https://photo-assets.superyachttimes.com/photo/291023/image/large-61b9098cbadb4c339bb77ab9a2ed9781.png" data-gid="gid://syiq/Photo/291023"><img src="https://photo-assets.superyachttimes.com/photo/291021/image/large-03cae57b8cf569beb19b99c1d25fecb3.png" data-gid="gid://syiq/Photo/291021"><img src="https://photo-assets.superyachttimes.com/photo/291019/image/large-f8ffc43bd4c6ef77dacd9d7b3e880f12.png" data-gid="gid://syiq/Photo/291019">Thanks to her shallow draft of only 1.89-metres, the superyacht is well-suited to accessing various low anchorage points, such as reefs, coves, and coastlines for a scenic cruising experience. <img src="https://photo-assets.superyachttimes.com/photo/291032/image/large-5f8323cf1cc1875b535e3f1cc17dae25.png" data-gid="gid://syiq/Photo/291032"><img src="https://photo-assets.superyachttimes.com/photo/291033/image/large-63150041a90cf43f8eb3a9ae1f603f0a.png" data-gid="gid://syiq/Photo/291033"><img src="https://photo-assets.superyachttimes.com/photo/291029/image/large-c5325bbc61cae8a81ec29d43149a144e.png" data-gid="gid://syiq/Photo/291029">Regarding her performance, <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</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&nbsp;</a>engines that propel her to a cruising speed of 13 knots along with a top speed of 16.5 knots. At the time of her sale, she had a last known asking price of €8,750,000.<img src="https://photo-assets.superyachttimes.com/photo/292042/image/large-d34f31537fb7d50f1ebfc7a2a8f378e5.jpg" data-gid="gid://syiq/Photo/292042"><img src="https://photo-assets.superyachttimes.com/photo/291035/image/large-c450b7f3bd2c970b0332c4e05d204ca2.png" data-gid="gid://syiq/Photo/291035">

40m Alloy yacht Ad Lib sold 

 The 40.25-metre Alloy superyacht Ad Lib sold, with Yacht Masters introducing the buyer, and Burgess representing the seller. 



40m Alloy superyacht Ad Lib sold 

The 27.96-metre <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> motor yacht <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> sold in an in-house deal with Eric Frank of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> representing both the buyer and seller during negotiations.<img src="https://photo-assets.superyachttimes.com/photo/278281/image/large-6d8c1b23487355c91324644643b1becb.jpg" data-gid="gid://syiq/Photo/278281">Delivered in 2016 as part of the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 92 series, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> features interior and exterior design by <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni Yacht Design</a>, while her naval architecture was penned by her Italian builder <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>.<a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016"><img src="https://photo-assets.superyachttimes.com/photo/273664/image/large-2b8cc61b809e46c4b14d18f06ff60a94.jpg" data-gid="gid://syiq/Photo/273664"><img src="https://photo-assets.superyachttimes.com/photo/273665/image/large-7608fb3e3e6a8d3367a47b25bc060fd1.png" data-gid="gid://syiq/Photo/273665">MorningStar</a> showcases a modern interior design with a contemporary main saloon. Light furnishings are illuminated by ample windows to create a welcoming ambiance, while flooding the space with plenty of natural light. <img src="https://photo-assets.superyachttimes.com/photo/273672/image/large-1c9796d6dfbd18755f726108013e6fb4.jpg" data-gid="gid://syiq/Photo/273672"><img src="https://photo-assets.superyachttimes.com/photo/273670/image/large-9bbb4568a736daf9eb400b3075a038e0.jpg" data-gid="gid://syiq/Photo/273670"><img src="https://photo-assets.superyachttimes.com/photo/273669/image/large-5242fdbb453bf101f70f9f89ddb79064.png" data-gid="gid://syiq/Photo/273669"><a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> can comfortably accommodate up to eight guests across a four stateroom configuration, with her full-beam master suite situated amidship on the lower deck, alongside twin mirrored twins and a VIP at her bow.<img src="https://photo-assets.superyachttimes.com/photo/278287/image/large-ccd9351c6a4cc3d50fb69680ac6dce30.jpg" data-gid="gid://syiq/Photo/278287"><img src="https://photo-assets.superyachttimes.com/photo/278279/image/large-8f53eb4a774151aff75ebbfe7d69874e.jpg" data-gid="gid://syiq/Photo/278279">In terms of performance, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> is powered by <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a cruising speed of 28 knots and a top speed of 41 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> had a last known asking price of $3,950,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273660/image/large-67b5943cfc101d508dc766bdc1abc822.png" data-gid="gid://syiq/Photo/273660">

28m Pershing yacht MorningStar sold in-house by Allied Marine

The 28m Pershing yacht MorningStar sold in a deal with Allied Marine. At the time of her sale she had a last known asking price of $3,950,000. 

28m Pershing 92 motor yacht MorningStar sold in-house 

<a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a> has unveiled the first renderings of the 56.5-metre superyacht concept Voyage. Developed in collaboration with <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>, Voyage is designed with adventure and exploration in mind.<img src="https://photo-assets.superyachttimes.com/photo/328553/image/large-df1df382e64c17755dfb15e06b3664e8.jpg" data-gid="gid://syiq/Photo/328553">The explorer yacht features a sleek and modern exterior design, with smooth flowing lines and sweeping curves. Voyage is characterised by expansive windows and a streamlined profile, both of which add to her contemporary charm.<img src="https://photo-assets.superyachttimes.com/photo/328560/image/large-e69407c53d7618fd31bf2777729c67ac.jpg" data-gid="gid://syiq/Photo/328560">“Working closely with the <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a> team, we came together to develop a design that we felt would appeal to the new buyers looking to step up to a larger yacht with all the features this would bring,” explained Jonny Horsfield, Founder of <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>.“Based on recent enquiries I imagined a younger buyer who wanted to primarily focus on outdoor living, and an active lifestyle.”<img src="https://photo-assets.superyachttimes.com/photo/328564/image/large-0b76bc31f2b46f96726bfb26a186ff3f.jpg" data-gid="gid://syiq/Photo/328564">With a balanced mix of modern luxury and practical performance, Voyage features a clean and crisp silhouette, with an unusual bow shape and reverse hull curves to create a unique and surprisingly radical design.<img src="https://photo-assets.superyachttimes.com/photo/328559/image/large-dc154c14b93bc47d8260b9fea83ce7db.jpg" data-gid="gid://syiq/Photo/328559">“We started with the large pool on the aft deck cascading to the water below, and we located good sized tenders forwards in an enclosed main deck garage and this also allowed for a touch and go helicopter pad on the bow, in front of the sweeping panoramic view from the owners suite,” commented Jonny Horsfield.<img src="https://photo-assets.superyachttimes.com/photo/328566/image/large-526d8980c24e7232da06b71d31e71d69.jpg" data-gid="gid://syiq/Photo/328566">With her beam spanning an impressive 10-metres, Voyage boasts plenty of interior space, with a large open plan main saloon and dining area spanning 64 square-metres. Further forward on the main deck are three large guest staterooms, with two almost 20 square-metres suites situated forward and a third located amidships. <img src="https://photo-assets.superyachttimes.com/photo/328567/image/large-f358bf3a1e9b67a8f39f018adf706e18.jpg" data-gid="gid://syiq/Photo/328567">In total, Voyage can accommodate up to 10 guests, with a further two mirrored guest staterooms situated on the lower deck, with a sliding door allowing them to be transformed into a larger suite.<img src="https://photo-assets.superyachttimes.com/photo/328568/image/large-fffa318cc827cb96f4e77dab47193bac.jpg" data-gid="gid://syiq/Photo/328568">The master suite is situated on its own deck, with a 61 square-metre forward-facing master stateroom, private office, walk-in wardrobe and an ensuite bathroom. The owner also benefits from 270-degree panoramic views, a private deck and direct access to a 31.8 square-metre TV lounge.<img src="https://photo-assets.superyachttimes.com/photo/328569/image/large-2891e506e5c739f5c9ba5beb7cfb3bc9.jpg" data-gid="gid://syiq/Photo/328569">Voyage can accommodate a crew of up to 12, across five bunk cabins and a crew officer cabin on the lower deck, while her captain’s cabin is located on the bridge deck, alongside the yacht’s office.<img src="https://photo-assets.superyachttimes.com/photo/328570/image/large-7a7319ce15b63cbf0fc74b119f1c8690.jpg" data-gid="gid://syiq/Photo/328570">When it comes to exterior deck spaces, Voyage showcases a large aft deck with a combined swim platform to create a spacious relaxation zone. Her owner’s deck includes an alfresco dining area and sumptuous seating options, allowing guests to take advantage of the sea views.<img src="https://photo-assets.superyachttimes.com/photo/328565/image/large-0261be2afa3400c257162747da934b00.jpg" data-gid="gid://syiq/Photo/328565"><img src="https://photo-assets.superyachttimes.com/photo/328558/image/large-6968eed90c69bf14575625dff7f019c4.jpg" data-gid="gid://syiq/Photo/328558">Details surrounding her propulsion are yet to be revealed, but Voyage will also be able to carry a seven-metre tender forward in her enclosed garage and is also equipped with a helipad at her bow for enhancing accessibility and exploration for guests.<img src="https://photo-assets.superyachttimes.com/photo/328552/image/large-d70e7054d163dfc3b6559c13ac28739c.jpg" data-gid="gid://syiq/Photo/328552">

First look at 57m Turquoise explorer yacht concept Voyage 

Turquoise Yachts has unveiled the first interior renderings of the 57m superyacht concept Voyage, in collaboration with H2 Yacht Design.

Turquoise Yachts unveils new 57m explorer yacht concept Voyage

The hull of the third 50-metre<a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">&nbsp;Ada 50 Z</a> superyacht has been launched by her Turkish shipyard, <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a>. Slated for delivery in 2026, the motor yacht is composed of a steel hull and aluminium superstructure, which were constructed with the partnership of <a data-gid="gid://syiq/Company/7389" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norse Shipyard (Company)">Norse Shipyard</a>. She will now be transported via the sea to the <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a> shipyard in the Bodrum area, where she will undergo further manufacturing. <img src="https://photo-assets.superyachttimes.com/photo/328583/image/large-9f7f68a7af5372192958395d0480df16.jpeg" data-gid="gid://syiq/Photo/328583"><img src="https://photo-assets.superyachttimes.com/photo/256002/image/large-269fd9a78fef396165914f4e0d30e0c4.png" data-gid="gid://syiq/Photo/256002">The first two yachts of this Ada 50 Z series, both of which have a delivery date of next year, are currently still under construction at the <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a> facility, and will shortly be joined by the third vessel. <img src="https://photo-assets.superyachttimes.com/photo/328587/image/large-c6742d94d7367e02472bdcb5a9fc8fd8.jpeg" data-gid="gid://syiq/Photo/328587"><img src="https://photo-assets.superyachttimes.com/photo/328584/image/large-5a2b0d2a62fa325c694a28a127a58044.jpeg" data-gid="gid://syiq/Photo/328584">The third <a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">Ada 50 Z</a> superyacht features an exterior design created by <a data-gid="gid://syiq/Company/2955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uldas Yacht Design (Company)">Uldas Yacht Design</a> and naval architecture penned by <a data-gid="gid://syiq/Company/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ginton Naval Architects (Company)">Ginton Naval Architects</a>. <img src="https://photo-assets.superyachttimes.com/photo/328588/image/large-7d28f42025c3b9671b6a47383cc1d1f5.jpeg" data-gid="gid://syiq/Photo/328588">With a volume of slightly under 500 GT and a beam of 8-metres, the yacht is capable of hosting as many as 12 guests across a six stateroom layout. Accommodation is also available for a crew of up to 10 members.<img src="https://photo-assets.superyachttimes.com/photo/256005/image/large-ec59164aa50097fa698bb422caf3c786.png" data-gid="gid://syiq/Photo/256005"> <img src="https://photo-assets.superyachttimes.com/photo/328589/image/large-fa2f81b4fee2aac45ef4598f3b8b3494.jpeg" data-gid="gid://syiq/Photo/328589">In terms of her performance, the third 50-metre <a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">Ada 50 Z</a> superyacht can reach a cruising speed of 15 knots. She is due to be delivered to her owner in 2026. <img src="https://photo-assets.superyachttimes.com/photo/328585/image/large-20582be4acb579b26aae6a3230129975.jpeg" data-gid="gid://syiq/Photo/328585"><img src="https://photo-assets.superyachttimes.com/photo/328586/image/large-2394b6b15b5cddb98da57bccd475827c.jpeg" data-gid="gid://syiq/Photo/328586">

Third 50m Ada 50 Z yacht hull launched 

The hull of the third 50-metre Ada 50 Z superyacht has been launched by her Turkish shipyard, ADA Yacht Works. 


Hull of the third 50m Ada 50 Z superyacht launched 

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

Adriatic 42 appoints new CEO Eric Robert-Peillard

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

Adriatic 42 appoints Eric Robert-Peillard as new CEO

The 60-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco&nbsp;</a>superyacht <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> has emerged from a comprehensive interior and exterior refit at <a data-gid="gid://syiq/Company/4710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="G&K Yachting (Company)">G&amp;K Yachting</a> in Greece and is now available for charter with <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons International.</a> <img src="https://photo-assets.superyachttimes.com/photo/328452/image/large-cfdb42f26349792c821063a71e1b36b0.jpg" data-gid="gid://syiq/Photo/328452"><img src="https://photo-assets.superyachttimes.com/photo/328491/image/large-17fd24416cb8aa447d14170254d1ab0b.jpg" data-gid="gid://syiq/Photo/328491">Originally built by the Dutch shipyard <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco&nbsp;</a>in 2002,<a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">&nbsp;Alfa G</a>, previously known as Sea Pearl, features engineering crafted in-house by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, while her original interior and exterior design stems from the drawing boards of British studio <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>. For the superyacht's refit, <a data-gid="gid://syiq/Company/5313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandre Thiriat (Company)">Alexandre Thiriat</a> was tasked with reimagining her interior design. The interior contractor was LIST Austria.&nbsp;&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/328456/image/large-021d9a1107c203d271217a3c8dd2486c.jpg" data-gid="gid://syiq/Photo/328456">Fully custom and in restored condition, new life has been breathed into the superyacht’s interiors and exteriors. Today, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> makes use of elegant materials, bespoke furnishings, and modern amenities. Among her most standout features is the master suite, which offers owners 180-degree views of the outdoors, as well as private deck access.<img src="https://photo-assets.superyachttimes.com/photo/328532/image/large-4098c1bd66d5a919424f1982257c64a5.jpg" data-gid="gid://syiq/Photo/328532"><img src="https://photo-assets.superyachttimes.com/photo/328465/image/large-bac97d7e48a8256d57adc819f4e27865.png" data-gid="gid://syiq/Photo/328465"><img src="https://photo-assets.superyachttimes.com/photo/328499/image/large-420d25203d6e59357bd0a6591120e6f1.jpg" data-gid="gid://syiq/Photo/328499"><img src="https://photo-assets.superyachttimes.com/photo/328469/image/large-0555115ec30bed9869d2a6c1682f7b1e.png" data-gid="gid://syiq/Photo/328469">In addition, this main deck master suite contains his-and-hers walk-in closets, ensuite bathrooms, and a private observation lounge. In total, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> is capable of hosting as many as 12 guests across her seven stateroom layout, which includes a full-beam VIP suite situated on the lower deck, fitted with a king-sized bed and extra pullman berth.<img src="https://photo-assets.superyachttimes.com/photo/328502/image/large-11df275400a84db62a4c32c2edc24bda.jpg" data-gid="gid://syiq/Photo/328502"><img src="https://photo-assets.superyachttimes.com/photo/328471/image/large-50ff8a55c3d68a7054d556a7e6ad3997.png" data-gid="gid://syiq/Photo/328471"><img src="https://photo-assets.superyachttimes.com/photo/328473/image/large-8606f72898ff961af8e50c96647bfc77.png" data-gid="gid://syiq/Photo/328473">In terms of guest entertainment, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a>’s upper saloon can be transformed to a cinema room with a laser projector and expansive screen. Moving outside, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a>’s upgraded sundeck boasts a swimming pool with a contra-current training system and a Jacuzzi feature, along with a lounging area.<img src="https://photo-assets.superyachttimes.com/photo/328530/image/large-39a66d09e666c77df785d74cf10dc740.jpg" data-gid="gid://syiq/Photo/328530"> <img src="https://photo-assets.superyachttimes.com/photo/328453/image/large-1a4fca1c6006b784dab296be20396855.jpg" data-gid="gid://syiq/Photo/328453"><img src="https://photo-assets.superyachttimes.com/photo/328503/image/large-8f6ad479540ce538f55fe3d0afcc041b.jpg" data-gid="gid://syiq/Photo/328503"><img src="https://photo-assets.superyachttimes.com/photo/328468/image/large-0167dda3d2fe2d8d3412c90995487eb9.png" data-gid="gid://syiq/Photo/328468">Those onboard are also invited to dine alfresco on the aft terrace, or drink at the outdoor bar. Other exterior elements include a spacious sunbathing area, a beach club that facilitates water sports, and a bridge with a seating area. Moreover, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> now offers an upgraded selection of toys.<img src="https://photo-assets.superyachttimes.com/photo/328535/image/large-78657a3ae35e422117ea38a1cec81986.jpg" data-gid="gid://syiq/Photo/328535"> <img src="https://photo-assets.superyachttimes.com/photo/328462/image/large-5135e9a0e241f965f7bf3932e371024e.png" data-gid="gid://syiq/Photo/328462"><img src="https://photo-assets.superyachttimes.com/photo/328455/image/large-cd00d808dd6daf21c1159385e00f1ccb.jpg" data-gid="gid://syiq/Photo/328455">Regarding her performance, the superyacht 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&nbsp;</a>engines that propel her to a cruising speed of 12 knots and a top speed of 15 knots. When cruising at 11.5 knots, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> has a range of 5,000 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/328539/image/large-5d3acec9122fa071c0f3dd6ac4f44fdd.jpg" data-gid="gid://syiq/Photo/328539"> <img src="https://photo-assets.superyachttimes.com/photo/328466/image/large-11acac31ab2f7fbc9ce37546091b18b6.png" data-gid="gid://syiq/Photo/328466"><img src="https://photo-assets.superyachttimes.com/photo/328467/image/large-3dc7870ad02ca2f5be9a380e4368fadb.png" data-gid="gid://syiq/Photo/328467">

60m Oceanco yacht Alfa G completes major refit 

The 60-metre Oceanco superyacht Alfa G has emerged from a comprehensive interior and exterior refit.


Onboard: 60m Oceanco superyacht Alfa G completes major refit

As a superyacht destination, the Kingdom of Saudi Arabia (KSA) has a lot on offer – and I mean a lot. But the great difficulty is acquiring the necessary permits and clearances to access the region. The nation boasts two gorgeous coastlines, unrivalled marine biodiversity, six UNESCO world heritage sites and a medley of thriving cities, so the allure is tantalising. <img src="https://photo-assets.superyachttimes.com/photo/212919/image/large-253acb3eca3f00dd615751d06eedd514.jpg" data-gid="gid://syiq/Photo/212919">While KSA is notoriously closed off for tourism, times are changing. The region is benefiting from some major financial drives that aim to bolster tourism. Financial support for these investments are coming directly from the coffers of the Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, and a major roadmap has been rolled out as part of the Saudi Vision 2030 to reduce dependency on oil through tourism and other sectors.<a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson&nbsp;</a>is very much in the throng of things and is firmly established in the region, positioning itself as the go-to superyacht management company for accessing the region. “Not only do we offer all of our typical services, we also provide a collection of specialty services here in the KSA,” Grant Thompson, Operations Manager of <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>, explained. “We also offer a whole host of speciality services for the KSA, including provisioning, concierge, aviation, as well as inbound and outbound clearance and agency services."<img src="https://photo-assets.superyachttimes.com/photo/227684/image/large-900dccba15e441e1f6fb0e898a499a2c.jpeg" data-gid="gid://syiq/Photo/227684">“We have a full-service approach to the visiting yachts to enable them to clear in and out of KSA, and we cater to all the needs they may have whilst in the country,” Grant confirmed. “The KSA is a scene which is continually changing, and our finger is firmly on the pulse.”The veil of the nation was lifted in 2019 as the country tentatively opened its waters to international tourists. <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> set up shop in Jeddah a year earlier, so was assisting yacht owners and charter guests navigate the bureaucratic red tape from the get-go. The bountiful wealth of the region – culture, heritage, marine biodiversity and pristine, sand-baked geography – was accessed for many with thanks to <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>. And as the nation rolls out plans to become more accessible with improved infrastructure and facilities to cater to the needs of superyacht travellers, <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> is growing in unison.“We have a new full-service marina in Jeddah for large yachts, which opened for the Formula One Grand Prix and is situated on Jeddah Corniche – home to the prestigious <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club Marina (Company)">Jeddah Yacht Club</a>,” Grant said. “And with the numerous initiatives underway to further establish yachting in the Red Sea – building marinas, the founding of the Red Sea Operations centre who overview the cruising areas within the country, and the development of hotels and diving schools – we are looking at opening more regional offices around the country to furnish the demands of these initiatives.” <img src="https://photo-assets.superyachttimes.com/photo/212921/image/large-e3549877f342d3f0c9caec4501f370e8.jpg" data-gid="gid://syiq/Photo/212921">“As it stands, we now have two offices,” Grant continued. “We recently opened a second office in the new <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club Marina (Company)">Jeddah Yacht Club Marina</a> development. As the marina in Jeddah becomes fully operational, we envisage a strong demand for passing yachts either north or south from Suez for fuelling and provisioning due to location and the standards of services provided.”&nbsp;The world saw the prowess of the <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club Marina (Company)">Jeddah Yacht Club &amp; Marina</a> late last year as it hosted over 40 superyachts during the inaugural Saudi Arabian F1 Grand Prix. Since the event, the <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club Marina (Company)">Jeddah Yacht Club &amp; Marina</a> has been closed as work was underway to redesign the entrance of the port. For those looking to enter the marina once reopened, special permits are likely to be necessary, and with Hill Robinson’s office located at the heart of things, it’s a good port of call to source these. <img src="https://photo-assets.superyachttimes.com/photo/212918/image/large-3c1b59d41c4dbb32eb13e82fe58b17c3.jpg" data-gid="gid://syiq/Photo/212918">Read:&nbsp;<a data-gid="gid://syiq/Article/54210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club and Marina opens ahead of first Saudi F1 (2021-12-06 08:45:00 +0100)">Jeddah Yacht Club and Marina opens ahead of first Saudi F1</a>Saudi Arabia is certainly a region to watch, “The underwater life is world class with diving activities in very low numbers so this is an area of huge potential to yachting,” Grant said. “There are numerous pristine islands and beaches along the Red Sea coast which offer huge potential to the cruising yachts.”If you’re thinking of when to try and visit, according to Grant, “The climate in KSA lends itself to extending the season for Med-based yachts as it’s geographically near to Suez and temperatures are ideal to extend the summer season until December. For yachts heading to the Med for the summer season temperatures in April will further extend the cruising period.”

 Hill Robinson on the Saudi Vision 2030 and superyacht tourism in KSA

While KSA is notoriously closed off for tourism, times are changing. We caught up with Hill Robinson to find out more. 

For the last twenty years yacht management firm <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> have been providing the industry with professional yacht services, in everything from operational &amp; project management, charter, crew placement and more. At a time when the demand in the industry for new superyachts is at an all-time high, we catch up with Partner Karl Hartmann to find out about how the <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>'s project management department can make your superyacht new-build a smoother experience than ever before.<img src="https://photo-assets.superyachttimes.com/photo/203840/image/large-59fc8b2a2e5c6bdddf555beceb703d68.jpg" data-gid="gid://syiq/Photo/203840">So, what does technical and project management look like at&nbsp;<a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>?Our service is, quite frankly, a dream for any client. We have a well developed project management office where we support the project teams with additional capacity such as reporting, administration, accounting, contract support, procurement and logistics. This means that every project being undertaken is being supported by a host of additional professionals behind the scenes, who ensure that the process runs smoothly, on-time and within budget. And where client expectations are managed well.<ul><li><a data-gid="gid://syiq/Article/49172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: The Hill Robinson effect (2018-10-19 10:15:00 +0200)">Insight: The Hill Robinson effect</a></li><li><a data-gid="gid://syiq/Article/51271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Top 3 yachts available to charter with Hill Robinson (2020-05-13 12:00:00 +0200)">Top 3 yachts available to charter with Hill Robinson</a></li><li><a data-gid="gid://syiq/Article/53033" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Five questions with Niall Robinson of Hill Robinson (2021-05-27 12:00:00 +0200)">Five questions with Niall Robinson of Hill Robinson</a></li></ul>In addition, we have a team of very passionate, dedicated, well-seasoned and experienced project management professionals who are passing on their wealth of knowledge to a pipeline of young professionals. We are dedicated to making things work, delivering the best and achieving beyond our clients’ expectations – that is what we are known for. <img src="https://photo-assets.superyachttimes.com/photo/204988/image/large-ebd2b9b74d5f348fa34960d2e07248d0.jpg" data-gid="gid://syiq/Photo/204988"><img src="https://photo-assets.superyachttimes.com/photo/204987/image/large-1190eefab3492d3e69954ed3e2ac68ef.jpg" data-gid="gid://syiq/Photo/204987">How do <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>&nbsp;help clients manage the complicated process of new build yacht management?We deliver peace of mind and structure. We offer, and continuously prove, that we are the trusted partner they need by taking the hassle away and supporting them. To do this we set up a dedicated team with one senior point of contact and we take clients through the whole process, giving them just as much involvement as they wish to have.One of the hardest things to do is manage client expectations, but we ensure that we get the absolute best result for their needs and dreams. Where options are not viable, we find other solutions to the issues at hand. <img src="https://photo-assets.superyachttimes.com/photo/203841/image/large-0b4b6d657ed5a5ef34b00798d2a5421c.jpg" data-gid="gid://syiq/Photo/203841">What makes&nbsp;<a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a>’s service different from its competitors?The main thing that makes us stand out from the competition is that we are fully transparent with our clients and we are completely dedicated to their project. <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> provides the entire project management package, from design right through to delivery and then once your yacht is in the water, we are still there to assist with warranty and crack on with daily business in operational &amp; crew management as well. We are the one stop shop that stays with the vessel and its journey.‘’Client satisfaction is our driving force. We listen to the clients’ requirements and then nail down these details before any work has begun, going forward, we ensure that the project is in line with those requirements every single step of the way alongside a very detailed and continuous quality assurance process all the way to the end on every detail of the build covering all stakeholders and suppliers.‘’<img src="https://photo-assets.superyachttimes.com/photo/203839/image/large-319f717790b47a0827540a3a2714fdb5.jpg" data-gid="gid://syiq/Photo/203839">What other kinds of technical support do you offer to clients?The <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Group</a> has expanded extensively over the last twenty years. This has allowed us to also focus on Aviation and Real Estate management and we truly believe in the services that we offer in all of these fields. <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> is thriving on sea, land and in the air. We are continuously working on hugely innovative and exciting projects and the teams strive to raise the bar in the superyacht industry. For more information, or to get in touch with a member of the team, contact <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson</a> now at:

Project management at Hill Robinson partner interview

Partner Karl Hartmann tells SYT about project and technical management at Hill Robinson.

Investments & Expansions

Hill Robinson opens new office in Porto Mirabello, La Spezia, Italy