<a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a> is celebrating its 45th anniversary this year – and what a year the design studio has already had already, unveiling three new superyacht projects.&nbsp;The <a data-gid="gid://syiq/Article/56752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tommaso Spadolini unveils 90m superyacht concept with vast beach club (2023-01-16 13:15:00 +0100)">largest project presented was a 90-metre concept</a> which, if taken to build, would be the designer’s flagship superyacht. In a matter of weeks, after the 90-metre was showcased, <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Spadolini</a> pulled the wraps off of <a data-gid="gid://syiq/Article/57091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tommaso Spadolini unveils new 48m superyacht concept (2023-03-07 11:30:00 +0100)">a 48.5-metre, characterised by a semi-vertical bow</a> and very generous living space. The <a data-gid="gid://syiq/Article/56954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa unveils 50m superyacht concept Codecasa Jet 50 (2023-02-16 12:00:00 +0100)">third project is the most radical</a>, designed for <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> and inspired by aviation. The studio has been a hive of activities.&nbsp;SuperYacht Times caught up with the Italian designer to discover more.<img src="https://photo-assets.superyachttimes.com/photo/24766/image/large-df6216f2900ddcc75b7ac6ee454aac24.jpg" data-gid="gid://syiq/Photo/24766">Do you have any reflective thoughts after designing yachts for nearly half a century?&nbsp;Some years have been truly crucial and have seen significant changes. I have had the privilege of going through them, progressively tackling different themes, from the serial production of <a data-gid="gid://syiq/Company/560" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canados (Company)">Canados</a> and Aprea yachts to building <a data-gid="gid://syiq/Yacht/1514" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foners41.5m (136'2&quot;)Izar2000">Foners</a>, the fastest yacht in the world built for the King of Spain without forgetting the world of superyachts for many affectionate clients, for whom in some cases I have also designed several boats.<img src="https://photo-assets.superyachttimes.com/photo/254144/image/large-f745df6f4f0984c08ef4c436e33b4736.jpg" data-gid="gid://syiq/Photo/254144">With the release of three superyacht concepts in as many months, can we expect any more designs this year?&nbsp;In fact, perhaps also as a reaction to the difficult Covid period we have just gone through, I am in a rich design moment and I do not rule out presenting other design solutions soon.<img src="https://photo-assets.superyachttimes.com/photo/24753/image/large-0fae192ab2f8d9eb43ba046a7e505dc9.jpg" data-gid="gid://syiq/Photo/24753">Can we expect the 90m superyacht or 48m concept to be taken to build?&nbsp;For both the 90 and the 48 I worked with the requirements of a shipowner in mind; both feasibility projects are in the evaluation phase, waiting to activate the shipyard selection.<img src="https://photo-assets.superyachttimes.com/photo/263102/image/large-080cd09835ad3d3ae6d7f8b33c703058.jpg" data-gid="gid://syiq/Photo/263102">What led you to reimagine the lines of superyachts for the&nbsp;<a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>&nbsp;Jet, incorporating designs from the aviation sector?&nbsp;The <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 2020 is the brainchild of Fulvio Codecasa, who called me to collaborate on his futuristic project. Obviously the idea excited me, to the point of also developing the Jet 50, a smaller boat with the same philosophy.<img src="https://photo-assets.superyachttimes.com/photo/208827/image/large-b74fbd2b424043a1c3021c78fe998a0e.jpg" data-gid="gid://syiq/Photo/208827">Codecasa delivered&nbsp;<a data-gid="gid://syiq/Yacht/7917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Legacy56.0m (183'9&quot;)Codecasa S.p.A.2021">My Legacy</a>&nbsp;in 2021, featuring an interior by&nbsp;<a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a>. Can you share anything about the project?&nbsp;I was delighted to work on the interiors of <a data-gid="gid://syiq/Yacht/7917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Legacy56.0m (183'9&quot;)Codecasa S.p.A.2021">My Legacy</a>, which reflect the taste and culture of the owner, perfectly integrated with the design and the very high quality of the shipyard's workmanship. <img src="https://photo-assets.superyachttimes.com/photo/26752/image/large-c7676b66705fe87de5a6cabf3684db55.jpg" data-gid="gid://syiq/Photo/26752">To talk about flagships, how was the experience designing the 70m superyacht&nbsp;<a data-gid="gid://syiq/Yacht/2550" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="High Power III70.0m (229'8&quot;)Rossinavi2011">High Power III</a>&nbsp;for&nbsp;<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>?&nbsp;<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>'s 70m, launched as Numptia, was a wonderful design experience, shared with the owner, who spent over 300 days in our Florence studio, actively participating in the evolution of the project.

In conversation with Tommaso Spadolini 

My Legacy yacht returning to Codecasa yard

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Tommaso Spadolini design studio in Firenze 

Tommaso Spadolini portrait

Tommaso Spadolini 90m yacht concept 

Codescasa Jet2020 and 50 

Numptia anchored at sunrise

SuperYacht Times caught up with Tommaso Spadolini to learn more about his new projects.

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In conversation with Tommaso Spadolini: Three new superyacht designs for 2023

From concept to completion, the new 4,300-tonne shiplift at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> was four years in the making at a cost of at least €70 million. A truly international venture, the project brought together contractors from half a dozen countries to resolve the many logistical, engineering and environmental challenges. We take a closer look at how it was done.<img src="https://photo-assets.superyachttimes.com/photo/261587/image/large-039002e970e80a7ca246214bed1d7e09.jpg" data-gid="gid://syiq/Photo/261587">It is difficult to appreciate the sheer scale of the new shiplift in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> unless you’re standing on top of it. The platform itself is 100 metres long, 20 metres wide, 2.7 metres deep and weighs 1,100 tonnes. It is now open for business, but the total redeveloped area covers 40,000 square metres and construction work continues on the peripheral infrastructures.The design and construction of a shiplift is composed of four principal activities: civil works, lift and transfer systems, platform fabrication, and installation followed by commissioning. The most cost-effective approach is for the shipyard to act as the general contractor and issue separate contracts for each of the activities. <img src="https://photo-assets.superyachttimes.com/photo/261585/image/large-76295cb817ddfe17c4cc27eb302e3055.jpg" data-gid="gid://syiq/Photo/261585"><a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> divided the cost of the shiplift with <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat Shipyards</a>, the public company that manages the port area, but has spent an additional €13 million on adjacent facilities. The total stake represents a formidable asset for the refit shipyard, which can now host up to six more 100-metre plus superyacht on the hard, adding to an infrastructure that already includes a 2,000-tonne yacht lift, 600-tonne crane, 300-travel lift and 200-metre dry dock.&nbsp;Installing a shiplift in La Ciotat had been envisaged by <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> ever since it acquired a majority stake in <a data-gid="gid://syiq/Company/5474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CompositeWorks (Company)">CompositeWorks</a> in 2017. Work got under way the following year with preliminary simulations in compliance with French regulations and safety codes to determine the optimal size of the shiplift based on the land area available.“Every increase in lifting capacity is accompanied by an exponential increase in cost, so the final 4,300-tonne capacity represents the best balance between cost, commercial opportunities and the space we had to work with,” says Joe Degabriele, Senior Business Development Manager at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> tasked with commercialising the shiplift.<img src="https://photo-assets.superyachttimes.com/photo/261582/image/large-57990f9cf95d2e2aaa6476f37e7ec399.jpg" data-gid="gid://syiq/Photo/261582">Bardex Corporation, a US-based specialist in heavy load handling and positioning equipment, was contracted to oversee the design of the shiplift and transfer systems. In order to better understand the local business culture and practices, Bardex chose to partner with Matière SAS, a French engineering and construction company.“The design process starts by understanding the client’s needs and objectives for the facility, says Robert Taylor, senior structural engineer at Bardex. “We also investigate the site setting, access to and from the facility, the yard arrangement and the geological conditions. All of these inform us about the types of foundation system, yacht transfer arrangement and implementation plan that is most appropriate for the project.”Weight-liftingShiplifts are all about are speed and efficiency. In La Ciotat the entire process of lifting and positioning a yacht on the hard takes less than three hours, whereas the same procedure in a traditional graving dock requires the best part of a day. A shiplift can serve multiple parking places, but a dry dock usually hosts just one vessel at a time.&nbsp;The shiplift relies on very different technology from classic winches and cables. The Chain Jack Lift system is widely used in military shipyards for lifting warships and nuclear submarines. Powered by hydraulic rams, a chain jack hoists by engaging and pulling in a short length of chain, engaging a stop pin, retracting and repeating the process. <img src="https://photo-assets.superyachttimes.com/photo/261584/image/large-53a9dbfa280b0d59027c0314124af81d.jpg" data-gid="gid://syiq/Photo/261584">The system offers more precise movement of the platform than wire ropes or cables, which are prone to stretching (Lloyd’s requires 20 per cent of wire ropes to be removed and destructively tested each year and all wire ropes to be replaced every 5-10 years). La Ciotat has 20 chain jack units, 10 on each side of the pit, and each has two closed-loop chains for 100 percent redundancy.The lifting procedure is complex because it involves coordinating the motion of 20 devices connected to the same platform. The system moves one pitch, or two links of chain, each cycle for all 40 chains (factory tests show that the movement of the chain jacks can be coordinated to within one millimetre of each other). The entire lift system resets every cycle, which prevents the accumulation of differential elevation. To ensure all the units are working in perfect synchronisation, remote sensors relay the parameters in real-time to the central command system.“Hydraulic cylinders are ideally suited to shiplift operations because their movement is consistently precise,” says Taylor. “Bardex has further improved the synchronisation by equipping the lift stations and control system with hydraulic feedback motion control. This technology is widely used in heavy industrial robotic automation applications that require high precision motion control, such as special-purpose arc welding robots.”To guarantee an uninterrupted supply of electricity, the lifting system has its own dedicated substation with transformers supplied by the French division of the German company Schneider Electric. <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> invested in a further three substations for the supply of reliable shore power to the yachts and for refit work.<img src="https://photo-assets.superyachttimes.com/photo/261583/image/large-4166e0e83d90ea707fb10360c701a083.jpg" data-gid="gid://syiq/Photo/261583">Running on railsBuilt by Metallic Bridges Belgium (MBB), the actual platform had to be delivered by special transport. When a yacht enters the lifting pit and the chain jacks are activated, it comes to rest on a modular cradle that can be adjusted to suit the size of the vessel (<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> ordered four such cradles from Schwartz Hautmont in Spain). As in a graving dock, divers assess that the ‘mating’ between hull and cradle is a snug and secure fit.&nbsp;Once the platform has been locked at ground level, the next phase is to transfer the yacht sideways off the platform and then longitudinally to a hard-standing space. Four-wheel bogies or trolleys constructed by Bardex Industries in South Korea are aligned under the cradle. The bogies, which have a passive hydraulic suspension system to raise the yacht and its cradle over the top of the chain jack units, run along 6.5km of intersecting rails built by Bemo Rails in The Netherlands and can change direction by lifting themselves off the tracks and turning their wheels 90 degrees. <img src="https://photo-assets.superyachttimes.com/photo/261597/image/large-cd3dfe47b75870da76a82b08717ad440.jpg" data-gid="gid://syiq/Photo/261597">The two axes of motion meant the rails and intersections had to be installed to a tolerance of +/- 5mm to ensure smooth transfers. Maintaining stability is obviously essential throughout the operation, especially when moving the yacht off the platform.“Transferring yachts laterally off the platform required careful coordination of the civil works, structural system and lift station elevations to ensure adequate clearance for the yacht and static supports to pass over the lift stations,” says Taylor. “This type of transfer operation also imposes unbalanced loads on the structural systems. Detailed engineering analysis and the use of hydraulically actuated pin supports were required to ensure the structure remains stable under this loading condition.” <img src="https://photo-assets.superyachttimes.com/photo/261598/image/large-46859a2c27c1aaa4e641dcc7c146976b.jpg" data-gid="gid://syiq/Photo/261598">There are five hard-standing places to the side of the platform and one in front of it (a 6th is a common area that can be used for short-term projects such as pre-purchase inspections). Once in position, the cradle is lowered to the ground, the bogies removed and the yacht hooked up to the shore power, fresh water and waste management systems. Anchoring points in the concrete are used for bracing scaffolding and tenting when the yachts need to covered. <img src="https://photo-assets.superyachttimes.com/photo/261599/image/large-5e0187dde33c13a6e4b502b4da2f46b1.jpg" data-gid="gid://syiq/Photo/261599">At the time of writing, the shiplift and transfer systems were approaching completion before final testing and certification by <a data-gid="gid://syiq/Company/554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyds Ships (Company)">Lloyds Register</a> (shiplifts come under Lloyds’ Code for Lifting Appliances in a Marine Environment, excluding the civil engineering works). Despite the many technical and logistical challenges, the shiplift was on schedule for its official inauguration in September.&nbsp;“The most difficult thing has been organising all the different companies around the world and up to 200 personnel working on site each day, especially during the Covid pandemic,” says Mathieu Bauden, the man responsible for coordinating the works as Facilities &amp; Storage Manager at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>. “But it’s a great source of satisfaction that when we signed this project four years ago, we decided to open the platform on 15 September 2022. And that is still the opening date.”<img src="https://photo-assets.superyachttimes.com/photo/261591/image/large-603e1e48173db47dc861262e8eaf1093.jpg" data-gid="gid://syiq/Photo/261591">SHIPLIFT TRIVIA• The Syncrolift System was invented by Raymond Pearlson, who was later awarded the Sperry Award for his invention. The first Synchrolift in 1957 had a lifting capacity of 100 tons.&nbsp;• In 1967 Hydranautics, now Bardex Corporation, designed, patented, manufactured and delivered the first shiplift using chains instead of wire rope.&nbsp;• The Three Gorges Dam on the Yangtze in Central China has a shiplift for transferring vessels up to 3,000 tonnes across a vertical distance of 113 metres. The ship chamber has a pool of water 120 metres long by 18 metres wide and 3.5 metres deep.&nbsp;• The world’s largest shiplift dedicated exclusively to yachts is the 4,800-tonne shiplift at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a>. Commissioned in 2019, it was designed and supplied by Pearlson Shiplift Corporation.This article was originally published in September 2022 of Issue 1 of the How to Build It magazine. <a href="https://superyachttimes.com/api/download/how-to-build-it-issue-1" target="_blank">You can download the entire magazine for free here</a>.

At the shipyard with MB92 La Ciotat

Justin Ratcliffe went behind the scenes for the unveiling of the new shiplift at MB92 La Ciotat.

How to build a shiplift with MB92 La Ciotat

There aren’t many amongst us who was running a fleet of sailing yachts by the age of 20 – David Westwood, Principal Partner of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> is a rare exception. David has built a strong reputation and portfolio to match. Some of his recent projects include the 62-metre new-build <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> superyacht <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RIO62.0m (203'5&quot;)CRN2022">RIO</a> and the refit of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s 50.4-metre <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> with <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>.&nbsp;SuperYacht Times joined David to get his insights on the market and to hear how buyers’ interests and demands have changed in recent years.<img src="https://photo-assets.superyachttimes.com/photo/264905/image/large-fe65cda579f3959b9ba5fac5d52e34f3.png" data-gid="gid://syiq/Photo/264905">How did you get into brokerage and what are some of your milestone sales and moments?I transitioned from captaincy to agency. Having run a yacht in the Indian Ocean I moved ashore to Malta and set up a service and support company. Charter led to brokerage, during which time I met Michael White as a client.One of the earliest milestones of my career was selling a bank-repossessed 64-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. I was on a shipyard visit in Livorno and the vessel was on the hard – I had to ask why. The shipyard directed me to the bank and I sold the boat at auction within six months: it was one of the most challenging, interesting and fun sales of my career, and I learned a lot.&nbsp;Another milestone was selling and rebuilding the 56.2-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Wellesley56.2m (184'5&quot;)Oceanco1993">The Wellesley</a>, which was repurposed for commercial charter. It was an all-consuming project but well worth the effort that myself and the owner put in. A more recent milestone is a project I’m currently working on; the process of building a 500 EXP Explorer with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> for an owner who has aspirations of global cruising. It’s a great project and I thoroughly enjoy working with the owner who is like-minded and hands-on. <img src="https://photo-assets.superyachttimes.com/photo/266101/image/large-615a6271e06ef7df8af26fb5cfe798c7.jpg" data-gid="gid://syiq/Photo/266101">How difficult has it been to secure new-build slots in recent years?Due to pent-up demand since Covid, it’s been a lot harder to secure build slots and find brokerage inventory. We have had to monitor all current builds and as a result, we have resold several yachts that have gone into default or had contractual difficulties. There have even been cases where owners want to step out or up before the end of the build process. It is a different market but an active one if you’re proactive and responsive. <img src="https://photo-assets.superyachttimes.com/photo/266104/image/large-ba18ec64d53835bdae09b2d488c894ca.jpg" data-gid="gid://syiq/Photo/266104">Is there much of a markup on new-builds as a result of high lead times?We have seen a steady increase in new-build prices across the board, mainly driven by labour costs – which often equates to two-thirds of the entire build cost – as well as global supply issues and the increased cost of raw materials as a result. That said, shipyards have had a good run but the heat is coming out of the market and the tide is turning with a looming recession. The price of materials has also begun to stabilise so I am expecting prices to also stabilise. <img src="https://photo-assets.superyachttimes.com/photo/257630/image/large-fee4afe0d819b19363e1ed83ed4b98a4.jpg" data-gid="gid://syiq/Photo/257630">Even more shipyards have started to offer refit and conversion services recently. Is this a reflection of a potential downturn in the market or merely a growing interest in refit?There are always owners who choose to refit instead of buy new due to availability and pricing, but it’s not too dissimilar from the past. I actually think the main reason is that shipyards have delivered a lot more vessels in recent years and have subsequently seen that there is a strong global refit and after-sales demand. It makes sense to future-proof their own business rather than have owners and crew choose other shipyards to refit and maintain their product. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215725/image/large-9e23884946018fbff6c8f3dc1af3f472.jpeg" data-gid="gid://syiq/Photo/215725">Refits are complex by nature but so are the planning and organisation; how do you connect the right client with the right yacht with the right shipyard and team?It’s about relationships: knowing your client and knowing the capabilities of the shipyards. Preempting what they need – which isn’t always the same as what they initially wanted. As a broker, you absolutely have to know the brands and the yards in order to understand which boats are suited to which owners.&nbsp;It’s always best for the resale value if a yacht is refitted by its original builder in order to ensure the pedigree. That said, putting together a team for a full rebuild from interior to naval architect to shipyard is about understanding the brief of the ownership, intended use, the pedigree of the brand and the timeline and budget. These elements will dictate the yard of choice.<img src="https://photo-assets.superyachttimes.com/photo/266105/image/large-fc07fc00d7e9b1f6acc9e046b501a20a.jpg" data-gid="gid://syiq/Photo/266105">Is there a one-size-fits-all approach to marketing yachts or do you tailor your approach depending on the brand or size of the boat?Everything we do at <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW</a> is tailored. The marketing plan is dictated by the end goal: sale or charter, awards and awareness. We don’t differentiate between 100-metre private superyachts and 30-metre charter boats: all of our clients have individual attention from their broker and the full support of our marketing team to achieve their goals. <img src="https://photo-assets.superyachttimes.com/photo/245458/image/large-661f78cf6ca72cf2be221c60fde0c157.jpg" data-gid="gid://syiq/Photo/245458">Have you noticed any significant demand changes from clients in either the brokerage or new-build market?There is a significant shift towards sustainability. Owners are making efforts to be greener and cleaner. Speed requirements are less of a priority than in the past, while comfort at sea is more important, for example, they want more deck space and tend towards displacement hulls. I have also noticed that beach clubs are evolving as people want more connection to the sea – so open-plan transoms are gaining ground and there is less demand for closed beach clubs.<img src="https://photo-assets.superyachttimes.com/photo/266102/image/large-822847f3b788b2b18a74be9156d5f6f9.jpg" data-gid="gid://syiq/Photo/266102"> A number of shipbuilders are citing China as a market to watch. Do you see this emerging trend and are there other regional markets we should keep an eye on?Industry predictions have said this for the past ten years but to be honest, there are few marinas and limited infrastructure in China. For me, it doesn’t seem like a logical step. I’m interested in Singapore, Brazil, Mexico and Argentina as emerging markets. As a regional market, Saudi Arabia and The Red Sea are burgeoning already. <img src="https://photo-assets.superyachttimes.com/photo/266103/image/large-e54838e28c2840b58d9b0c11e8f39a3a.jpg" data-gid="gid://syiq/Photo/266103">

Broker’s interview with David Westwood of TWW 

SYT joined David Westwood of TWW for this month’s broker’s interview. 

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 Broker’s insight: David Westwood of TWW Yachts on the new and active superyacht market

The Mediterranean has a new heavy-weight contender for superyacht refit and repair – and it’s located snuggly in arguably one of the most beautiful coastlines in the Mediterranean Basin. <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> first opened its doors late last year and has already worked on some impressive projects, including the 106.7-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> motor-sailor <a data-gid="gid://syiq/Yacht/4795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Black Pearl106.7m (350'1&quot;)Oceanco2018">Black Pearl</a>.&nbsp;SuperYacht Times caught up with Friedrich Dreves, Chief Commercial Officer, to learn more about the shipyard and to hear what it’s got lined up. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/267270/image/large-ae61e90cb78d8f790ed1b1365d3c1db5.jpg" data-gid="gid://syiq/Photo/267270">What’s the story behind&nbsp;<a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>&nbsp;and why did you choose Montenegro?Montenegro has a rich history of shipbuilding and repair and the former Bijela Shipyard was its beating heart. The shipyard was founded in 1927 and quickly grew to become the largest conventional repair and maintenance centre in the southern Adriatic. Not only was it the largest operation, it was beautifully located in Boka Bay – one of the world’s safest natural harbours. Sadly, though, it hasn’t been fully operational for the last 15 years, leading to its complete closure. A key piece of the Mediterranean puzzle was missing.&nbsp;Riding off the great success of the multi-award winning <a data-gid="gid://syiq/Company/1857" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Porto Montenegro (Company)">Marina Porto Montenegro</a>, we knew that it needed this piece more than ever. The former shipyard was acquired by PM Holdings LLC and <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World Dubai</a> and transformed back into a premium superyacht refit and maintenance facility. But this time in an innovative, modern and sustainable way.<img src="https://photo-assets.superyachttimes.com/photo/267271/image/large-8cee98b562e723533e15d276570e6783.jpg" data-gid="gid://syiq/Photo/267271">How much of the original Bijela Shipyard did you preserve?After 15 years of non-operation, the shipyard needs complete reconstruction and revitalisation. We restored and refurbished where possible, but many of the buildings are brand new and built to the highest safety and investment standards. It wasn’t enough to work from an old and out-dated facility: our goal is to be one of the cleanest and modern shipyards in the industry – everything had to be state-of-the-art.&nbsp;What services do you offer and what facilities do you have?Our mission is to be the most transparent and highest quality shipyard for yacht refit and repairs. We have an incredibly modern infrastructure that’s complemented by our large floating dock and 720 tonne travel lift. Even though our primary clients are 70-metres and above, we do also welcome smaller yachts.&nbsp;To champion transparency we have an app that our clients can download to their devices. Through this all, clients can see all steps of the project in real time, customs process, delivery, work progress 24/7. <img src="https://photo-assets.superyachttimes.com/photo/267272/image/large-151af8a6aaa88f78be73f95923160dc4.jpg" data-gid="gid://syiq/Photo/267272"><a data-gid="gid://syiq/Yacht/3207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Black Pearl31.4m (103'0&quot;)Diverse Projects2011">Black Pearl</a>&nbsp;was a sensational first project for&nbsp;<a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>, but what’s next?&nbsp;Winning the bid to work on the 107-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> sailing yacht <a data-gid="gid://syiq/Yacht/4795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Black Pearl106.7m (350'1&quot;)Oceanco2018">Black Pearl</a> late last year was fantastic. We did a great service and the managers and captains of the yacht were incredibly satisfied; we’re sure they’ll return to <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>.The project proved that the joint venture standing behind <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> is strong, reliable and trust-inspiring – even for the most demanding clients. It’s still early days for 2023 and we’ve already signed more than 40 superyachts between 30 to 150-metres for refit and repair. It’s a really positive start for us.&nbsp;This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-44" target="_blank">Issue 44 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Friedrich Dreves, CCO, Adriatic 42

SYT sat down with Friedrich Dreves, CCO of Adriatic 42.

Friedrich Dreves, CCO of Adriatic 42: "A key piece of the Mediterranean puzzle was missing"

The American boating giant <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has dominated the news over the past two years, with record breaking acquisitions and a major expansion into the superyacht sphere. Last year the company announced the acquisition of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and its global presence is becoming more solidified every quarter. We sat down with Chief Revenue Officer Chuck Cashman to find out more about the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> mentality and to get an insight into the latest expansions.<img src="https://photo-assets.superyachttimes.com/photo/265729/image/large-075b6f10300ff29203f8cee2ee5a74a9.jpg" data-gid="gid://syiq/Photo/265729">So why don't we start off with how&nbsp;<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>&nbsp;fared in 2022 in comparison with 2021 and an overview of your expectations for 2023:We had a record fiscal year in 2021 and we beat that in fiscal year 2022, which was outstanding. We did that both from an acquisition standpoint –we grew the business a lot – but also from an increase in Same-Store Sales.&nbsp;One thing that is definitely clear is that 2021 came with an unprecedented high in terms of passion for boating. Certainly there were other challenges; inventory limitations, supply chain issues and, of course, lockdowns; but 2021/2022 brought a tonne of new people into boating. In 2022 we also saw an increase of first time buyers buying boats over 30 metres: numbers I haven’t seen in the 30 years I've been in this industry.&nbsp;As 2022 came to a close the industry began to see a slowdown, but it is clear even from these first weeks of 2023 that the passion for boating remains, despite the headwinds of interest rates rising and stock market instability. So we’re expecting another good year at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, across the board. Our main focus will be on improving &nbsp;our marketplace, which becomes that much more important in economically challenging times. <img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-ca20ccc1813073a1b2aa9dfbcd755ab5.jpg" data-gid="gid://syiq/Photo/265732">What drove&nbsp;<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>&nbsp;to acquire two superyacht brokerage houses and did the company ever consider consolidation?We had been specifically seeking out the acquisition of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> for some time before we finalised the agreement in 2019. Expansion into the superyacht sector was a natural move for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> and we liked the company, the management and where they were based. Fraser was a very natural fit for us so we were very happy when it came to fruition.&nbsp;<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>, on the other hand, actually approached us – and not long after the <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> acquisition was announced. Even though we hadn't been looking for another brokerage house, we met with the leadership team and they left a very good impression. It's important to note that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has a very thorough and strategic acquisition programme, so we carefully analysed <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">N&amp;J</a> before we made any proposals and saw both good results, and a very solid team.Once the decision to acquire both <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> and <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> was made, the obvious thing was to combine the two houses and create what would have been the biggest brokerage in the world. But after spending time looking under the hood of both companies, digging into their databases, we found that the crossover in clientele between them was only 2 percent. We were so surprised we had the analysts run the numbers again because we were expecting closer to 35-40 percent competitive crossover, but it was clear the two companies operated within entirely different client pools. Because of this the decision to retain them as separate and individual assets was, in the end, very easy, and on top of that we couldn’t see the point in disrupting two healthy businesses purely for the bravado of saying “we’re the biggest”. We don’t want to say it, we want to be the best.&nbsp;We have, however, combined the two backend systems. Bringing them onto the same account programme for example, has reduced expenses and allowed us to leverage the advantages of both houses. Their combined power has given us excellent hiring magnetism and we have attracted some excellent talent to both businesses.&nbsp;As for the future, we may well consolidate down the line, but there is no plan for it right now and I'm confident that the acquisitions were the right decision. Both companies have reported record years since they joined <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> and we have been able to provide them with massive scope for expansions and acquisitions under their own umbrellas.<img src="https://photo-assets.superyachttimes.com/photo/265730/image/large-9f50024dac70c8a6a14a2afb2983061b.jpg" data-gid="gid://syiq/Photo/265730">In August 2022 you announced&nbsp;<a data-gid="gid://syiq/Article/55716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax acquires IGY Marinas for $480 million (2022-08-09 14:45:00 +0200)">the acquisition of the marina titan&nbsp;IGY Marinas&nbsp;for $480</a>&nbsp;million. Was that an opportunity you sought out or did they come to you?&nbsp;Our CEO Brett McGill has been interested in moving into the marina sphere for a number of years. Brett has been working hard to change the perception of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> as only a boat retailer and movement into the superyacht services segment was one part of the strategy to do that, the <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> acquisition another. Where brokerage revenue is cyclical with relatively low profit margins, marinas have a very solid and consistent revenue stream with a good margin. At the end of the day, boats need slips.&nbsp;Our profitability over the last few years has allowed us to expand our horizons and <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> is certainly our biggest acquisition to date, and one that we are very excited about. Marina management, aside from the revenue aspect, allows us to offer our customers a full suite of services and to continue to offer them benefits over and over again. <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> was a very healthy company, and like <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">N&amp;J</a> it already had great people onboard, so when the opportunity arose, &nbsp;we accelerated. <img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-9384651b02a3c3b8b113c3d33254dc31.jpg" data-gid="gid://syiq/Photo/265731"><a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>&nbsp;is a very healthy company right now, but you do have competition with businesses such as&nbsp;<a data-gid="gid://syiq/Company/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Yacht Group (Company)">OneWater&nbsp;</a>on your doorstep. Do you see them as a threat?&nbsp;Of course competition will always be there, and I’ve always believed that it is good to have competitors pushing you to be better. I have a lot of respect for <a data-gid="gid://syiq/Company/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Yacht Group (Company)">OneWater</a> and for <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> and their collaboration is a great move. They are also companies that have always looked after their clients, which is the most important thing. What I don't want to see is second tier companies coming into our sector, creating bad customer experiences that push people away from boat ownership because that is detrimental to the entire industry as a whole.&nbsp;I would also say that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has been moving from strength-to-strength for 25 years, we know our client and our industry, and those sectors that we don’t know, we pull the right people in to advise us. People may perceive us as making sudden acquisitions or rash decisions, but we aren’t like that at all; we are careful and conscientious about the expansions we make and that has allowed us to expand steadily into the position we are now in.&nbsp;This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/syt-issue-44-newspaper-published" rel="noopener noreferrer" target="_blank" title="">Issue 44 of SuperYacht Times newspaper</a>. To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper, <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Chuck Cashman of MarineMax

Francesca Webster sat down with MarineMax CRO Chuck Cashman to discuss the plans and future of the American titan.

Empire building: MarineMax CRO Chuck Cashman on the future of the American titan

“My dream is to travel once around the world – whether it’s onboard this yacht or my next, I don’t know. But I’m going to do it,” the owner of <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> told SuperYacht Times, beaming. With good reason, too. <img src="https://photo-assets.superyachttimes.com/photo/265808/image/large-821f7341b46fc048783e7aba64d31ff0.jpg" data-gid="gid://syiq/Photo/265808">We were sat in the offices at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> wistfully chatting cruising grounds, star-studded events and his beautifully refitted 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht, which was gently bobbing in the waters lapping the shipyard. “She’s timeless, a real classic,” he said, gazing out the window. “The green was my wife’s idea,” referring to <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald’s</a> suave, freshly-painted Orion green hull, courtesy of <a data-gid="gid://syiq/Company/6101" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jotun (Company)">Jotun</a>. “It was my wife who chose everything in fact, and I couldn’t be happier.”<img src="https://photo-assets.superyachttimes.com/photo/257634/image/large-9366f38055670e91b5ceb8d9c505e234.jpg" data-gid="gid://syiq/Photo/257634">But it’s hard to believe that the 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> floating in the dock was the same one he bought nearly two years ago. “I love character, class and strong sturdy builds, so when I started looking for a new yacht I knew I was really looking for a <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.” With this in mind, David Westwood of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, first steered him to the 44.2-metre superyacht <a data-gid="gid://syiq/Yacht/4366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valeria44.2m (145'0&quot;)Feadship1975">Valeria</a>, which is laid up at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> – as fate would have it. <img src="https://photo-assets.superyachttimes.com/photo/259593/image/large-0252709e6fde006536f95fd2b29f2983.jpg" data-gid="gid://syiq/Photo/259593">“We came here to Urk to see the classic 1975 <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> you can see over there,” he said, pointing in the direction of the front gate at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, towards <a data-gid="gid://syiq/Yacht/4366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valeria44.2m (145'0&quot;)Feadship1975">Valeria</a>. “She’s lovely, really. But the crew quarters are just a little too small for what we were looking for.“The crew has to be well looked after on my boats, they need to feel comfortable. It’s important to us that spacious, well-lit and relaxing areas need to be found in both guest and crew areas. Not only are guests travelling with us, so also are the crew. I want them to feel at home.” With <a data-gid="gid://syiq/Yacht/4366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valeria44.2m (145'0&quot;)Feadship1975">Valeria</a> a no-go, David was back scouring the market for a <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> that met expectations. <img src="https://photo-assets.superyachttimes.com/photo/196039/image/large-6c1cf1727a767970cde689a72b0858bc.jpeg" data-gid="gid://syiq/Photo/196039"><a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> built 74 superyachts 40-metres or larger before the turn of the millennium, and out of those 74, only 12 are currently on the market. When these yachts are under ownership, they often stay that way. It was in fact Daan Balk, CEO and owner of <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, who informed the owner about a potential candidate: the 1990-delivered 48.83-metre MQ2, which was lying in Croatia at the time. Balk personally joined <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW</a> and the owners to inspect the yacht.<img src="https://photo-assets.superyachttimes.com/photo/265814/image/large-ed3bd1e3447fc1d45e4f7c135b6a2cef.jpg" data-gid="gid://syiq/Photo/265814"><img src="https://photo-assets.superyachttimes.com/photo/265754/image/large-ebb517a81c02f593d1b13c100bf0f087.jpg" data-gid="gid://syiq/Photo/265754"><img src="https://photo-assets.superyachttimes.com/photo/265756/image/large-f1cc76efab2089fa67e828788cdc9d7c.jpg" data-gid="gid://syiq/Photo/265756"><img src="https://photo-assets.superyachttimes.com/photo/265757/image/large-08fe49bcf5c99fbc1a7a5489e9c90c33.jpg" data-gid="gid://syiq/Photo/265757">MQ2’s timeless exterior lines, penned by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt</a>, and her voluminous interior won him over. The yacht was hauled out and surveyed in Trogir, Daan Balk was a guest throughout the study and provided the owner with sound reassurances. The deal was signed in May 2021, with the owner represented by James Hall and David Westwood of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, and the seller John Cohen of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a>.<img src="https://photo-assets.superyachttimes.com/photo/265818/image/large-200cb86197f8907e67c59768f906ad8f.jpg" data-gid="gid://syiq/Photo/265818">But it’s hard to believe that the 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> floating in the dock was the same one he bought nearly two years ago. At the time of sale, she was shorter, had less deck space and an old-fashioned stern with small, swing doors that led into the saloon. She was also fitted with twin two tonne cranes, port and starboard. <img src="https://photo-assets.superyachttimes.com/photo/265764/image/large-f5ef92227d044089b7c4db39a14e7644.jpg" data-gid="gid://syiq/Photo/265764">“My tender weighs three tonnes, so those cranes had to go,” her owner explained. “I wanted to restyle the stern section, so I thought why not extend and install a larger crane on the upper aft deck. Daan Balk had left a strong impression on me. I really appreciated his efforts during my visit to Valeria and thought ‘why not take MQ2 there for the refit’.”<img src="https://photo-assets.superyachttimes.com/photo/265781/image/large-1c80402a6a79af370032a66f2a42de19.jpg" data-gid="gid://syiq/Photo/265781"><img src="https://photo-assets.superyachttimes.com/photo/265790/image/large-ede5c877168aec88ce91085c99c4eec2.jpg" data-gid="gid://syiq/Photo/265790"><img src="https://photo-assets.superyachttimes.com/photo/265795/image/large-20511eb863d128051c77551f603f4fb6.jpg" data-gid="gid://syiq/Photo/265795"><img src="https://photo-assets.superyachttimes.com/photo/265785/image/large-835f076c9e2297ee73ec09d16c4a71bd.jpg" data-gid="gid://syiq/Photo/265785">&nbsp;“There was a lot of interest in this refit from many shipyards,” Daan Balk explained. “We ended up in a neck-and-neck race against <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a> The final two contenders. In the end though, we were granted the order and we signed the project right after the <a data-gid="gid://syiq/Event/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2021">2021 Monaco Yacht Show</a>.”<img src="https://photo-assets.superyachttimes.com/photo/265752/image/large-2b0599b6320a23dd3d157cff20a027d2.jpg" data-gid="gid://syiq/Photo/265752">It turned out to be an extensive 16-month refit in total, with her original interiors by <a data-gid="gid://syiq/Company/435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Robert Knack International (Company)">Robert Knack International</a>stripped bare and everything down to general arrangement entirely redesigned. Her stern wasn’t only restyled, it was also extended by more than a metre and she now features an impressive aft cockpit, complete with a hydraulic swim platform.<img src="https://photo-assets.superyachttimes.com/photo/265776/image/large-c7e8853bf9fc6a98904d8c2e6d43252c.jpg" data-gid="gid://syiq/Photo/265776"> “The platform is fantastic; it can be lowered below the waterline. Just think, any charter guest can get in and out of the water with it, regardless of age. It also goes the other way, and my son who’s 17 was asking how high it can go, as he wants to use the platform as a diving board – it’s possible,” he laughed.<img src="https://photo-assets.superyachttimes.com/photo/265778/image/large-7db59ce967387b1532637f16f594ca62.jpg" data-gid="gid://syiq/Photo/265778"><a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald’s</a>&nbsp;naval architecture was re-engineered by <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>, and the team eked out as much as possible with this redesign. “We wanted the maximum we could, and <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> drew up the plans and made it possible.”<img src="https://photo-assets.superyachttimes.com/photo/265770/image/large-09d0a99ab59be11639ea4aba37fab7cf.jpg" data-gid="gid://syiq/Photo/265770"><img src="https://photo-assets.superyachttimes.com/photo/265765/image/large-ec6b9c7bf2d0735ca7a317536602df90.jpg" data-gid="gid://syiq/Photo/265765">Glass sliding doors have been installed between the skylounge and upper aft deck, replacing the swingset that really was not to the family’s taste. “Look at this space,” he said, swinging his arm around the upper lounge. “Can you imagine being sat here watching Formula One? It doesn’t get much better than that.”<img src="https://photo-assets.superyachttimes.com/photo/265770/image/large-09d0a99ab59be11639ea4aba37fab7cf.jpg" data-gid="gid://syiq/Photo/265770"><img src="https://photo-assets.superyachttimes.com/photo/265773/image/large-5ddff050fb3e0ab6fd74641de746726c.jpg" data-gid="gid://syiq/Photo/265773"><img src="https://photo-assets.superyachttimes.com/photo/265771/image/large-f2e53e7d7af661934e7eb0bb8d3e63d3.jpg" data-gid="gid://syiq/Photo/265771"> The excitement was palpable and contagious. “This wasn’t here before either,” he said pointing to the stairway that connects the upper and main deck. “And the entire sun deck is new too,” he smiled. Taking pride of place forward of the sundeck is a very large Jacuzzi.<img src="https://photo-assets.superyachttimes.com/photo/265806/image/large-e4ab38a2b432f8f5359257f7a579ec53.jpg" data-gid="gid://syiq/Photo/265806">The owner’s wife took charge of the project, working very closely with the UK-based <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> to map out and curate the perfect vessel. “<a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> was incredible to work with. The team is perfect and they knew exactly what we wanted, how we wanted it. They sat down with my wife and in a day they had the whole project mapped out. An amazing experience,” he said.“We wanted a yacht that was built around family use; plenty of space, lots of character and areas where we can relax to enjoy each other’s company,” her owner explained. Quite uncommon, especially for a yacht of this size, forward of the main deck is not one but two VIP suites. “When we have friends and family onboard, having a second VIP suite next to the master suite gives us more flexibility and the freedom to have our family all together, each with private space yet all on the same deck.”<img src="https://photo-assets.superyachttimes.com/photo/265816/image/large-462a9f714a58748a84e772b49ef02937.jpg" data-gid="gid://syiq/Photo/265816"><a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> offers accommodation for as many as 12 guests: four can sleep on the main deck in the two VIP suites, and the remaining eight will find accommodation on the lower deck. Each stateroom is finished with rich dark timbers that are sophisticated and lend the spaces a calming ambiance. There is a strict harmony across the staterooms, with only the ensuites differing in style.&nbsp;“Look at this detail,” the owner proudly said, running his hand over the veined marble bathroom wall. “This one my son picked out.” The portside lower deck double stateroom features vibrant stonework, unlike anything else on the yacht. “We each picked different natural stones for the bathrooms, so each suite has a distinctive character,” he explained. <img src="https://photo-assets.superyachttimes.com/photo/265817/image/large-ebacdecc9e7bee9249a803d7bab6394d.jpg" data-gid="gid://syiq/Photo/265817">As we walked through <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> the owner was most animated detailing the crew areas. “This wasn’t here before,” the owner said, pointing to a window in the galley. “My wife redesigned the galley and fitted this window. It cost me a fortune, mind. But, look, we’ve positioned it so the galley is well lit and the chef and kitchen staff can enjoy the views.” Each of the crew cabins we stepped into was more generous in size than any I’ve seen before aboard a 50-metre superyacht – or larger, for that matter. <img src="https://photo-assets.superyachttimes.com/photo/265790/image/large-ede5c877168aec88ce91085c99c4eec2.jpg" data-gid="gid://syiq/Photo/265790"><img src="https://photo-assets.superyachttimes.com/photo/265787/image/large-ffeddc33f30ae9b66993860fbda2a04f.jpg" data-gid="gid://syiq/Photo/265787">Read:&nbsp;<a data-gid="gid://syiq/Article/56920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Feadship superyacht Legacy V rechristened Emerald following major refit at Balk Shipyard (2023-02-09 17:30:00 +0100)">50m Feadship superyacht Legacy V rechristened Emerald following major refit at Balk Shipyard</a>This family-oriented design and generous crew quarters have an added benefit: she’s ideal for the charter market. “I haven’t chartered any of my yachts before now, but <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> has instilled great confidence in me.” <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> will make her world debut at the <a data-gid="gid://syiq/Company/1334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MYBA Charter Show (Company)">MYBA Charter Show</a> in Barcelona on 24 April 2023. <img src="https://photo-assets.superyachttimes.com/photo/265813/image/large-8bf0ce96031ac3c4b486c089cbbb39a6.jpg" data-gid="gid://syiq/Photo/265813">“I’m so pleased with her; <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a>, <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> and my representative &nbsp;Jim Boot of <a data-gid="gid://syiq/Company/7018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WMC Superyachts (Company)">WMC Superyachts</a> have all done an amazing job. If I was to start the project again tomorrow, I wouldn’t change a thing.”<a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> will be cruising the Mediterranean this summer season and will either be in the Caribbean or the Indian Ocean during the winter. She’s available for charter bookings through <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/265807/image/large-9d6a4eebf05e2a8f17adff4ed54455da.jpg" data-gid="gid://syiq/Photo/265807">

Redesigning the 50m Feadship superyacht Emerald with owner 

The owner of the 50m Feadship superyacht Emerald joined SYT to discuss her refit at Balk Shipyard.

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Owner interview: Redesigning the 50m Feadship superyacht Emerald

Interview with captain of 126m superyacht Octopus

The captain of Lürssen 126m superyacht Octopus joins SYT to retell his story for the first time. 

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Captain Jannek Olsson: Adventures aboard 126m Octopus and working with legendary Paul Allen

Frédéric Dormeuil has an eclectic career history that includes the likes of JCB, his own family business, Dunhill and Aston Martin. He stormed into the yachting sector in 2018, partnering up with Patrick Coote, now Managing Director of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> Europe to establish The Superyacht Show – and his reception couldn’t have been warmer.&nbsp;Dormeuil has since partnered with <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> and Superyacht TV and was just appointed CEO of <a data-gid="gid://syiq/Article/56854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting acquires SOS Yachting and appoints Frédéric Dormeuil as CEO (2023-01-31 12:30:00 +0100)">SOS Yachting, following the acquisition by BWA Yachting</a>. SuperYacht Times sat down with Dormeuil to hear all about it. <img src="https://photo-assets.superyachttimes.com/photo/264724/image/large-283f2e091e77716886d75a1e927daaf0.jpg" data-gid="gid://syiq/Photo/264724">What do you bring to&nbsp;<a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>?I’m used to working without the safety cushion that major corporate structures offer, which has challenged me to think differently and hone my entrepreneurial spirit. My experience with JCB all the way through to running my own business has given me an entrepreneurial mindset, but also a grittiness. As a fresh set of eyes to the industry, I think I bring something a little bit new and a little bit different.<img src="https://photo-assets.superyachttimes.com/photo/194393/image/large-3ac3130eb206a2a785c73815d4269e28.jpg" data-gid="gid://syiq/Photo/194393">What’s your vision for&nbsp;<a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>?&nbsp;My role isn’t to disrupt but to investigate the modus operandi and tighten any weak spots – almost like a consultancy project. <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> has done a fantastic job these past 10 years, positioning itself as the market leaders in our field. My job is to maintain and strengthen this position.This year will be calm. The team has already had two major changes in short succession: a buyout, swiftly followed by a management change. Quite a lot to absorb for anyone’s system!&nbsp;How will&nbsp;<a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>&nbsp;operate under the&nbsp;<a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>&nbsp;umbrella?&nbsp;We’re striving for structural independence with family cooperation. The Board has given me the power and autonomy to go and do what’s best for <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>, and an independent CEO ensures minimal crossovers between the two brands. Despite being very different to <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>, there are a great deal of synergies between us – and both sides will learn a lot from each other. <img src="https://photo-assets.superyachttimes.com/photo/256092/image/large-d998faebe0e92b5fefc05be5ee09ca5c.jpg" data-gid="gid://syiq/Photo/256092">You’ve recently decided to expand to Monaco. Why?Monaco makes enormous sense; it’s the capital of yachting. Our French office isn’t far by any means, but Monaco is unique – there are so many of us in this small neck of the woods, and us planning to open here has been received positively from the industry.Any closing words about how the economical climate may impact the future?&nbsp;Mindsets have changed post-pandemic and from a macro-economic perspective it’s certainly positive for our strange little world. A lot of capital is being invested in yachting, following the stark reminder of just how fragile life is, and we’re seeing this capital trickle through supply chains and into local economies through both salaries and tourism, which is great!&nbsp;But, of course, an invigorated economy hasn’t simplified the legalities surrounding yachting – and I’m grateful to be part of <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>’s drive to help make life easier for our clients.This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-44" target="_blank">Issue 44 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Frédéric Dormeuil, CEO of SOS Yachting

SYT joins the new CEO of SOS Yachting to hear his vision and goals for the brand, as well as its repositioning underneath the BWA Yachting umbrella. 

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Five questions with SOS Yachting's new CEO Frédéric Dormeuil

Peter Wilson is co-founder of <a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">MCM</a>, one of the industry’s leading yacht construction and management firms. Originally from the UK, he settled in Newport, USA, in the late 1980s and set up <a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">MCM</a> with business partner Nigel Ingram. Both partners have extensive sailing experience – racing and bluewater cruising – but they have also represented owners on numerous motoryacht projects, including 58-metre <a data-gid="gid://syiq/Yacht/6007" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Najiba58.0m (190'3&quot;)Feadship2019">Najiba</a> (<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>), 49.8-metre <a data-gid="gid://syiq/Yacht/6107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Toute Sweet49.8m (163'5&quot;)Heesen Yachts2019">Toute Sweet</a> (ex-Erica, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>) and 67-metre <a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a> (<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>). Outside of work, Peter enjoys cycling, sailing, motorbiking, photography and tending to his beehives.<img src="https://photo-assets.superyachttimes.com/photo/261482/image/large-8f42f4d17c286aa23635d9c9afd0624b.jpg" data-gid="gid://syiq/Photo/261482">How did you and Nigel meet and what sparked your decision to set up a company together?&nbsp;We met in Antigua in the ‘70s and became fast friends. In 1988 I was wrapping up an America’s Cup challenge and Nigel was finishing the build of a new yacht. We started chatting about what was next. As yachts were getting larger and more complicated, we felt clients needed an advocate to represent their best interests. We also believed there should be more discipline in terms of fiscal and time-related control imposed on the build process. And after 35 years it appears there was indeed a need!<img src="https://photo-assets.superyachttimes.com/photo/171475/image/large-def9b7fbcd7516e5756f79bc7fc282d0.jpg" data-gid="gid://syiq/Photo/171475"> You’re a sailor and in the past&nbsp;<a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">MCM</a>&nbsp;was best known for its sailing yacht projects, but you’re now taking on more motor yachts with brands like&nbsp;<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>&nbsp;and&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. Was this a straightforward transition and how does your role change between sail and power?&nbsp;When one considers today’s sailing superyachts and their relative systems, they have more complications than the equivalent motor yachts. For example, both types of vessels have engines, generators, HVAC, AV/IT systems, cooking and domestic appliances, desalination and sewage treatment plants, and so on. But on a sailing yacht there are also masts, rigging, captive winches, booms, hydraulic furling and tensioning systems and appendages like lifting keels – all in a hull that is usually less voluminous than a motor yacht. So the transition from a technical standpoint is quite straightforward, although it should be noted that we have been doing motor yacht projects for many years and so they are not new territory for us.&nbsp;In terms of role differences, in the sailing yacht world there is more focus on the nuances of sailing performance, whereas on motor yachts the performance is well defined and based on engine kilowatts, propeller designs and, of course, the hull shape. The interiors, outfitting, finish and quality are equally important on every superyacht.<img src="https://photo-assets.superyachttimes.com/photo/180780/image/large-1604c001b0dc9b9c1caaa60d0e99d298.jpeg" data-gid="gid://syiq/Photo/180780">What kind of decisions can you make on your own and which require the owner’s approval?&nbsp;This depends largely on the involvement and experience of the client. In many cases, we have clients that are knowledgeable and have had a string of yachts before. In those cases, the client is often closely involved and brings that experience to bear, and it can be a very collaborative affair. Where a client is perhaps building for the first time, they may need more guidance. In either case, we present them with the options available in a clear and concise manner when a decision is required and recommend the one we feel is the right choice. This gives the client the benefit of our experience and the requisite information on which to base an informed decision.<img src="https://photo-assets.superyachttimes.com/photo/92787/image/large-25fbaa062214a0955512eecbe552c80e.jpg" data-gid="gid://syiq/Photo/92787">Do ‘involved’ owners make your job easier or more difficult?&nbsp;Having a client closely participate in the project typically makes it more memorable for them as they are really creating their vision. In turn, this makes it more enjoyable for the entire team. Designing and building a yacht is a terrific endeavour and may be a once-in-a-lifetime opportunity, so we strive to make it a rewarding experience for the client. We have developed great friendships with many of our clients that outlast the build process. <img src="https://photo-assets.superyachttimes.com/photo/68864/image/large-d01918c154c9386a1eba29b93edea26b.jpg" data-gid="gid://syiq/Photo/68864"><a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">MCM</a>&nbsp;offers yacht construction and management services. Does it make more sense if the same agency does both?&nbsp;When we started <a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">MCM</a> in 1988, we didn’t have a yacht management division. However, once we had a few yachts ‘under our belts’ it became abundantly clear that there was a requirement for post-construction support the and formalising that support in the form of a yacht management division was a service that yacht owners needed. As the vessel progresses from the build phase to the operational phase, having one company providing both services makes for a seamless transition. Not least because by that stage we have a long-standing relationship with the client, we know the vessel inside and out, we have all the data, drawings and manuals, and we know which design decisions were made and why.The rules and regulations surrounding vessel navigation and operation have also increased exponentially and the burden is such that captains and crew require shore-based support. Furthermore, the client benefits from the continuity <a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">MCM</a> offers; crew inevitably come and go, but we are the common thread and institutional knowledge about the yacht and the programme. <img src="https://photo-assets.superyachttimes.com/photo/75757/image/large-814590a2342fc3180dd4d70ca59bd2d7.jpg" data-gid="gid://syiq/Photo/75757">Do you bring in your own preferred suppliers and/or subcontractors for new-build projects, or is that always up to the shipyard?&nbsp;To ensure there is no perceived conflict of interest, we remain fiercely independent. However, over many years of operation we’ve developed strong relationships with quality suppliers, manufacturers and vendors and can recommend those to the shipyard. We also have real-world experience as to how the equipment performs at sea. However, it is the shipyard that has overall responsibility for the construction process and provides the warranty, so they ultimately decide which suppliers and subcontractors are the best fit and those they prefer to work with. &nbsp;What would you change about the way we work in the superyacht industry?&nbsp;The elapsed time from the first conversation to the yacht being handed over can be many years. As an industry, we are always seeking ways to be more efficient and shorten the time required to build one of these masterpieces &nbsp;while maintaining the high quality standards expected. The other challenge is how to build yachts that can operate in an environmentally friendly way. Emissions are being lowered. We need to continue that trend to protect the marine environment we all so enjoy.<img src="https://photo-assets.superyachttimes.com/photo/217714/image/large-e37cd890a97c5e166adce7d9d371918b.jpg" data-gid="gid://syiq/Photo/217714">Beyond the technical qualifications, what are the personal attributes needed to be a successful owner’s rep?&nbsp;On the personal side, attributes such as honesty, integrity, patience and respect. Being a good listener is also profoundly important. Other key qualities include staying focused, open-minded, nimble and the ability to adapt. Managing expectations is the most challenging aspect of the job. As these projects become larger and costlier, there are many facets to consider and with sometimes differing agendas, so the ability to develop a team with members sharing a common goal, is fundamental.&nbsp;Lastly, the experience of having been to sea in a multitude of yachts in wide-ranging conditions is enormously helpful. Knowing what happens on the blackest of nights when the wind is fierce enough to blow the oysters off the rocks and the seas become mountains, is a great help when discussing the design and construction of our projects.&nbsp;This article was originally published in September 2022 of Issue 1 of the How to Build It magazine. <a href="https://superyachttimes.com/api/download/how-to-build-it-issue-1" target="_blank">You can download the entire magazine for free here</a>.

Interview with Peter Wilson of MCM

Justin Ratcliffe sat down with Peter Wilson of MCM about the technicalities behind yacht construction management.

Expert Insight: Peter Wilson, Founder of MCM, on yacht construction management

After attempting to meet up during a very busy boot Dusseldorf, we finally had the chance to sit down with Nick Gelevert, Founder and CEO of <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> over Teams in early February. Nick comes from a long line of yacht brokers, his grandfather Hans Lengers founding the Netherlands’ first brokerage. Today Nick is both the CEO of the ‘first Dutch superyacht charter company’ <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> with seven international offices and an impressive portfolio of pedigree yachts, and the Sales Director of brokerage firm <a data-gid="gid://syiq/Company/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lengers Yachts (Company)">Lengers</a>. With expansion always on his mind, Nick has much in store for the boutique charter firm. SYT found out more. <img src="https://photo-assets.superyachttimes.com/photo/262239/image/large-028247e85db04278e4d7d6c2adfec517.jpeg" data-gid="gid://syiq/Photo/262239">With a legacy of brokerage in your family, was it always your plan to become a broker?I was born and raised in the midst of the yachting industry, and of course it came to my mind from a young age that I might work in the industry as well. My grandfather started selling yachts in the 1970s and there was also a boat building business within the family, so yachting is truly part of my family heritage. When the time came for me to start my first business however, I decided to break from the family tradition and I founded a company within the real estate industry. I think it was partly a youthful rebellion – I was only 23 – but I quickly realised that I’d made a mistake not following my passion for the yachting industry.I had been an active and competitive sailor from the age of eight, racing every week, and of course having grown up within my family, yachting was truly where my heart lay. So I &nbsp;decided to pivot the concept I’d created within the real estate industry, and do something similar within yachting. The business became <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters</a>; the first AirBnB for boats. <img src="https://photo-assets.superyachttimes.com/photo/69988/image/large-e5de394c61cf3a6b29fbcc9408e9bf14.jpg" data-gid="gid://syiq/Photo/69988">So how did an AirBnB for boats transform into a superyacht charter brokerage house?In 2015 we launched the platform and were the first in the world to do so. There were some other early adopters but we grew very quickly, operating in 63 countries with 12,000 boats available for rent. It was a successful beginning but we quickly realised that in order to become a truly profitable business, we would need a huge operational network. Boats are nothing like houses; they need work, maintenance and expansive shoreside support.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/50182/image/large-00c42362b1bed144ada7b119cd9afc4f.jpg" data-gid="gid://syiq/Photo/50182">Why do you think that the company has done so well – how do you stand out from the crowd?At the same time as I was having these thoughts, clients from Lengers were generating leads and asking questions about Boatsters and enquiring if I could assist them with yacht charter. From these leads came a very organic transition into <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a>, where we began to work with crewed yachts above 20-metres. Not long after this transition, we took Boatsters offline and I focused my energies on the development of the superyacht charter business. Since that decision we’ve opened international offices, are managing some very exciting yachts and expect to double our fleet in 2023. The company is positive and profitable and with the direction we’re currently going, we will be one of the top players in the charter industry within a few years.&nbsp;I believe that our approach is what makes us stand out. We are a boutique charter company, and we don't have aspirations to be the biggest, we want to provide the best service to a limited number of clients. We have regular contact with owners, we offer a personal concierge service for onshore support, we are incredibly active and make our clients really feel how much we value them. <img src="https://photo-assets.superyachttimes.com/photo/216778/image/large-e3b74dc8cf7cf04994e4b19dd6e7c678.jpg" data-gid="gid://syiq/Photo/216778">What has it been like breaking into an industry that has been dominated by long standing and large companies, such as&nbsp;<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>&nbsp;or&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>?When we set out we knew it would be like David and Goliath, but I have always enjoyed a challenge. My aspiration when we set out was to establish <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> as the industry’s first Dutch charter house, just as my grandfather was the first Dutch broker. I am happy to say we’ve achieved that goal and now we are looking to the next challenge.&nbsp;The yachting industry has an obsession with being the biggest, with companies claiming ‘the biggest charter fleet’ or the most charters completed, but what does that actually mean for the client? Very likely it means an impersonal approach, with yachts being managed by a conglomerate rather than a person &nbsp;– we do not aspire to become that kind of business!&nbsp;What are your plans for the future for the business?The next stage is expansion. We’ve built a base from which the company can grow exponentially and my attention first will be to make sure that our services are the best they can be. We aren’t going to be accepting any and all boats to the fleet, but really making sure that the yacht is able to offer clients the best services, with a stable crew and good knowledge base.&nbsp;In 2022 we had a revenue of over €12 million and with an expansion into the full spectrum of services including crewing and management, I expect that to see a stable increase this year. <img src="https://photo-assets.superyachttimes.com/photo/216755/image/large-6c1f9a59bba24e5170d83edfc3039cf0.jpg" data-gid="gid://syiq/Photo/216755">Finally, what advice would you give to an aspiring entrepreneur?Firstly, focus on an aspect of this industry and be the best at that aspect. There are so many generalists within yachting and what there needs to be is more specialists. Secondly, know your product better than your client, there are too many brokers out there who don't truly understand superyachts and that does a disservice to clients and dissuades people from remaining in yachting.<img src="https://photo-assets.superyachttimes.com/photo/262241/image/large-7cb830fd8f9d3ab3775a8b19035afdb5.jpeg" data-gid="gid://syiq/Photo/262241">Nick GelevertAge: 32Nationality: DutchSales revenue last 36 months: €200 million&nbsp;Company founded: 2014This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-44" rel="noopener noreferrer" target="_blank" title="">Issue 44 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Nick Gelevert of Boatsters Black

We interviewed Nick Gelevert, CEO of Boatsters Black, for the latest edition of our Entrepreneur in Yachting series.

Building the first Dutch superyacht charter brokerage: Nick Gelevert of Boatsters Black

The <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta</a> got off to a perfect start yesterday. A north-easterly breeze of about 7 knots intensified, as expected, to around 12 knots and rotated towards the southeast over the course of the day. At 1 p.m. the Race Committee sounded the start for the 45-metre <a data-gid="gid://syiq/Company/476" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fitzroy Yachts (Company)">Fitzroy Yachts</a> <a data-gid="gid://syiq/Yacht/1684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gitana45.0m (147'8&quot;)Fitzroy Yachts2009">Gitana</a> was the first superyacht off the line in the staggered starting sequence. <img src="https://photo-assets.superyachttimes.com/photo/273210/image/large-1ca68fcebecb25729ddbe561c9b9ef4c.jpg" data-gid="gid://syiq/Photo/273210">The <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> division started their races at 1:30 p.m and the SW105 <a data-gid="gid://syiq/Yacht/10474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SØRVIND34.59m (113'6&quot;)Southern Wind2022">Sørvind</a> quickly flew ahead of the fleet. Both divisions started in Porto Cervo before rounding the island of Monaci. After leaving the Monaci lighthouse to port, the superyacht division sailed up the coast of the island of Caprera and entered the Saline gulf, where they left a mark to port before returning to Porto Cervo via the Bisce Pass, for a total of approximately 20 miles.<img src="https://photo-assets.superyachttimes.com/photo/273214/image/large-9e5198223ed71b0cf766b8e8ad9b612a.jpeg" data-gid="gid://syiq/Photo/273214">Until the first mark, the Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> remained at the back of the fleet, but took a close line around the Monaci island, jibbing ahead of the fleet and taking a steady lead on the race to the island of Caprera. The superyacht's lead steadily grew throughout the afternoon, with the rest of the fleet behind her. <img src="https://photo-assets.superyachttimes.com/photo/273213/image/large-9cad2daf9a17b1b42df2cf63f9c4f266.jpeg" data-gid="gid://syiq/Photo/273213">The first day saw the 33-metre <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a> 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> take victory in the Superyacht Cruising Class division, followed by another 108-footer in the form of Inoui, with owner-helmsman and regular participant in the Giorgio Armani Superyacht Regatta, Marco Vogele, on board. The <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> fought for most of the course with <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>, another 33-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> yacht which already has a win in Porto Cervo under her belt, when she was known as Missy. The Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>, meanwhile, claimed the top spot in the Combined Performance and Cruising Class, finishing the race by a 2 minute corrected lead, having started last in the staggered starting sequence.<img src="https://photo-assets.superyachttimes.com/photo/273215/image/large-d39a3ba7e0942006f83c4c4454284d09.jpeg" data-gid="gid://syiq/Photo/273215">Ken Read, multi-award winning sailor and tactician on the Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>, declared: "We couldn't have asked for a better day here in Porto Cervo. Sunshine, flat seas and a gentle breeze of 12 knots, a perfect situation for these boats. The beauty of this place always amazes me and sailing here with these boats is a unique experience, they let me have a few moments in which to look around and smile, because honestly there is nothing more beautiful than all this."<img src="https://photo-assets.superyachttimes.com/photo/273216/image/large-8fefcfc59674712fada243c28e3a3226.jpeg" data-gid="gid://syiq/Photo/273216">Results aren't drawn up for the boats taking part in the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous, reflecting the particularly convivial atmosphere that reigns at this gathering, now in its 17th edition. The fleet sailed in a compact group and the owners were able to enjoy the same course as the Superyacht division. <img src="https://photo-assets.superyachttimes.com/photo/273212/image/large-5876fe1fa0da0cc510c8beaa12159f3c.jpg" data-gid="gid://syiq/Photo/273212">Racing continues today, 8th June, with a breeze similar to today's forecast. The start for the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Rendezvous division is scheduled for 11:30 a.m, followed by the Superyacht division at around midday. Organised by the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">Yacht Club Costa Smeralda</a> with the support of title sponsor Giorgio Armani, the event is is now in its 16th edition.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273211/image/large-293abf27b8bbaa226731cc42ce1438a7.jpg" data-gid="gid://syiq/Photo/273211">

Giorgio Armani Superyacht Regatta 2023 day 1

The Giorgio Armani Superyacht Regatta began yesterday with wallycento V taking the day.

Wallycento V takes the first day at the Giorgio Armani Superyacht Regatta

The 60.96-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samadhi60.96m (200'0&quot;)Feadship2006">Samadhi</a> has entered the market. The <a href="https://www.superyachttimes.com/yachts/samadhi/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Samadhi, for sale</a>, was commissioned by experienced owners and has been maintained to the highest standards, leaving her in turnkey condition for her new owner.<img src="https://photo-assets.superyachttimes.com/photo/273156/image/large-2c77f3d6b7f8fdd330e353849437c5d4.png" data-gid="gid://syiq/Photo/273156"><a data-gid="gid://syiq/Yacht/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samadhi60.96m (200'0&quot;)Feadship2006">Samadhi</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt</a> and has recently completed an extensive refit in May 2023. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> also boasts a contemporary interior design by the highly sought after French designer <a data-gid="gid://syiq/Company/533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rémi Tessier (Company)">Rémi Tessier</a>.<img src="https://photo-assets.superyachttimes.com/photo/273158/image/large-daf86144ea0b19cb956ee874b7754b56.png" data-gid="gid://syiq/Photo/273158"><img src="https://photo-assets.superyachttimes.com/photo/273159/image/large-adec3172a22e865e28c8d3070c512713.png" data-gid="gid://syiq/Photo/273159"><img src="https://photo-assets.superyachttimes.com/photo/273157/image/large-1e3332a9b18c44c3df3d068ddc655e8b.png" data-gid="gid://syiq/Photo/273157"><a data-gid="gid://syiq/Yacht/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samadhi60.96m (200'0&quot;)Feadship2006">Samadhi</a> offers guests 1,036 GT of interior space, and her large main saloon is bathed in plenty of natural light, thanks to picture windows that line her port and starboard lengths. Forward of this area is her dining area with seating for up to 10 guests around her circular table.<img src="https://photo-assets.superyachttimes.com/photo/273162/image/large-2d911aa5f2a0856d787122b4cb1aa167.png" data-gid="gid://syiq/Photo/273162"><img src="https://photo-assets.superyachttimes.com/photo/273177/image/large-264c62eef56c98f56303d6288e1989a8.png" data-gid="gid://syiq/Photo/273177">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> can comfortably accommodate up to 12 guests across a six stateroom configuration, with her owner's suite located on the main deck. The master suite includes an office, handcrafted wardrobes and a luxurious marble ensuite bathroom with sauna, tub and shower.<img src="https://photo-assets.superyachttimes.com/photo/273171/image/large-c621da269dc4ea50fb1c4dced4019861.png" data-gid="gid://syiq/Photo/273171"><img src="https://photo-assets.superyachttimes.com/photo/273174/image/large-84aec8bfe616f2046337931e5012c871.png" data-gid="gid://syiq/Photo/273174"><img src="https://photo-assets.superyachttimes.com/photo/273176/image/large-b596e1f6e6e7754e15b7c2280ec1019b.png" data-gid="gid://syiq/Photo/273176">The remaining guest staterooms are situated on the lower deck and consist of two double staterooms and two convertible twins, all with ensuite bathrooms. There is also an additional stateroom which is suited for children, or staff such as a nanny.<img src="https://photo-assets.superyachttimes.com/photo/273160/image/large-e2c84bd8b93d3fe3b758bd7269e3ec1f.png" data-gid="gid://syiq/Photo/273160"><img src="https://photo-assets.superyachttimes.com/photo/273163/image/large-612f41f03323e071ae2748d6a455233d.png" data-gid="gid://syiq/Photo/273163"><a data-gid="gid://syiq/Yacht/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samadhi60.96m (200'0&quot;)Feadship2006">Samadhi</a> features plenty of exterior spaces, perfect for entertaining or socialising. Her skylounge includes a cinema room, which connects to the upper deck alfresco dining area. Other key amenities onboard include a fully equipped gym and a packed toy box with <a data-gid="gid://syiq/Company/3030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cayago AG / Seabob (Company)">Seabobs</a>, Jet Skis, a waterslide, trampoline and an assortment of diving and snorkelling gear.<img src="https://photo-assets.superyachttimes.com/photo/273190/image/large-851a140faf30ccfb125082e9b96c2749.png" data-gid="gid://syiq/Photo/273190">=<img src="https://photo-assets.superyachttimes.com/photo/273185/image/large-9531e439140a8edab685ed3224e3da9d.png" data-gid="gid://syiq/Photo/273185">The <a href="https://www.superyachttimes.com/yachts/feadship/for-sale" rel="noopener noreferrer" target="_blank" title="">Feadship yacht for sale</a> comes equipped with a fleet of three tenders, including a 2022 VQ45 Vanquish Chase Tender, for making the most of shore excursions. Her large swim platform can be accessed via an elegant staircase from her main deck aft, providing direct access to the ocean.<img src="https://photo-assets.superyachttimes.com/photo/273183/image/large-74464d8cd571349b577653afd6581fdb.png" data-gid="gid://syiq/Photo/273183"><img src="https://photo-assets.superyachttimes.com/photo/273180/image/large-41386f76e1b27af67eff31db061e2466.png" data-gid="gid://syiq/Photo/273180"><img src="https://photo-assets.superyachttimes.com/photo/273186/image/large-24c36e7130e14a893e34b288b6cf4503.png" data-gid="gid://syiq/Photo/273186">The upper deck of <a data-gid="gid://syiq/Yacht/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samadhi60.96m (200'0&quot;)Feadship2006">Samadhi</a> allows guests to relax with panoramic views, as well as shade from her hard top. Guests can also make use of her sun deck to top up their tans, or lounge in her raised Jacuzzi.<img src="https://photo-assets.superyachttimes.com/photo/273193/image/large-8269ab0b4f2d5f0ec316199d0e6b7060.png" data-gid="gid://syiq/Photo/273193"><img src="https://photo-assets.superyachttimes.com/photo/273192/image/large-fd51a7a58b480155bd334683868986f3.png" data-gid="gid://syiq/Photo/273192">In terms of performance, <a data-gid="gid://syiq/Yacht/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samadhi60.96m (200'0&quot;)Feadship2006">Samadhi</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines allowing her to reach a top speed of 16 knots and cruise at 13 knots with an ocean-crossing range of 5,000 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/273196/image/large-20f17d6a3243cb9faa310ba269b1a045.png" data-gid="gid://syiq/Photo/273196">

61m Feadship superyacht Samadhi for sale

The 61m Feadship superyacht Samadhi has entered the market in turnkey condition. 

<img src="https://photo-assets.superyachttimes.com/photo/15430/image/large-506fccea02c329ff5d120f5f7093a86e.jpg" data-gid="gid://syiq/Photo/15430">The 65.4-metre <a data-gid="gid://syiq/Company/4479" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bulyard Shipbuilding Industries (Company)">Bulyard Shipbuilding Industries</a> explorer yacht <a data-gid="gid://syiq/Yacht/5939" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Sultana65.4m (214'7&quot;)Bulyard Shipbuilding Industries1962">La Sultana</a> previously named Royal Spice, Kondor Express and AY Petri has been sold, with <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> representing the buyer and Charles Ehrardt of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/273208/image/large-a1209a9e67efa6a096edcfc79466761f.jpg" data-gid="gid://syiq/Photo/273208">The explorer yacht was delivered in 1969 as a passenger ship and is the largest yacht built by <a data-gid="gid://syiq/Company/4479" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bulyard Shipbuilding Industries (Company)">Bulyard Shipbuilding Industries</a>. She was converted to a superyacht in 2007 and was completely rebuilt and transformed into a beautiful private yacht that houses seven large staterooms. Up to 12 guests are accommodated onboard the superyacht <a data-gid="gid://syiq/Yacht/5939" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Sultana65.4m (214'7&quot;)Bulyard Shipbuilding Industries1962">La Sultana</a>, and she also has accommodation for 20 crew members including the captain.<img src="https://photo-assets.superyachttimes.com/photo/273209/image/large-7fcb5fd7a16db630ef5a85dea614e53a.jpg" data-gid="gid://syiq/Photo/273209"><a data-gid="gid://syiq/Yacht/5939" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Sultana65.4m (214'7&quot;)Bulyard Shipbuilding Industries1962">La Sultana&nbsp;</a>has a steel hull and aluminium superstructure. She is powered by a single<a data-gid="gid://syiq/Company/286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mitsubishi Heavy Industries Ltd. (Company)">&nbsp;Mitsubishi Heavy Industries Ltd</a> engine, which gives her a cruising speed of 11 knots and a top speed of 13 knots. The yacht carries 40,000 litres of fuel onboard, and 20,000 litres of water.&nbsp;

65m Bulyard converted explorer yacht La Sultana sold

65m Bulyard explorer yacht sold, Edmiston representing the buyer, Charles Ehrardt of Camper & Nicholsons representing the seller.

The fifth <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> S501 superyacht <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> has been delivered to her owner from the <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> shipyard in Genoa, Italy. The owner signed the contract for the 49.99-metre motor yacht in July 2021 and appointed <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> as project managers. <img src="https://photo-assets.superyachttimes.com/photo/273069/image/large-a12ca1a1c66a14fdfbc052f612f2c7e0.jpg" data-gid="gid://syiq/Photo/273069"><a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> has been heavily customised to meet the needs of her owner and features exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a>, with naval architecture from <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa Yachts</a> and <a data-gid="gid://syiq/Company/2051" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NAMES by Francesco Rogantin (Company)">NAMES by Francesco Rogantin</a>.<img src="https://photo-assets.superyachttimes.com/photo/273125/image/large-33e9dd90dffd38d270d3a80ba174267e.jpg" data-gid="gid://syiq/Photo/273125"><img src="https://photo-assets.superyachttimes.com/photo/273127/image/large-b873bd699dc8e29ff30d72251ec8f8bc.jpg" data-gid="gid://syiq/Photo/273127"><img src="https://photo-assets.superyachttimes.com/photo/273123/image/large-7c7177a824af184bae282cd2c4cb8500.jpg" data-gid="gid://syiq/Photo/273123"><img src="https://photo-assets.superyachttimes.com/photo/273128/image/large-d8121b7e0d35fe32d8670447fa361645.jpg" data-gid="gid://syiq/Photo/273128"><a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> features a luxurious and sophisticated interior design from Giorgio Cassetta of <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>, who opted for a warm and inviting look with the use of rich woods and veined marbles. She also benefits from a natural flow of light from her enlarged windows on the main deck.<img src="https://photo-assets.superyachttimes.com/photo/273116/image/large-98641e267c64e70380a581bad326e263.jpg" data-gid="gid://syiq/Photo/273116"><img src="https://photo-assets.superyachttimes.com/photo/273112/image/large-68302f8da60a1701566dd50c81d50446.jpg" data-gid="gid://syiq/Photo/273112"><img src="https://photo-assets.superyachttimes.com/photo/273119/image/large-bf23e5d95600f4bb9f424858a9387afa.jpg" data-gid="gid://syiq/Photo/273119"><img src="https://photo-assets.superyachttimes.com/photo/273114/image/large-572241906734cd309ac1e02869ace7de.jpg" data-gid="gid://syiq/Photo/273114"><img src="https://photo-assets.superyachttimes.com/photo/273118/image/large-a08cad7fd24a287ba9559a600b92c994.jpg" data-gid="gid://syiq/Photo/273118">Accommodation onboard <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> includes six suites for up to 12 guests, with two customised suites on the main deck. <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> is also able to accommodate a crew of nine, to ensure a high level of comfort and service for guests.<img src="https://photo-assets.superyachttimes.com/photo/273078/image/large-8e9af0a457ac173bfa7c96c5a9f0716d.jpg" data-gid="gid://syiq/Photo/273078"><img src="https://photo-assets.superyachttimes.com/photo/273095/image/large-e8a1d3c5ff8a49096f1279e543139e1d.jpg" data-gid="gid://syiq/Photo/273095"><img src="https://photo-assets.superyachttimes.com/photo/273105/image/large-9483f1afe7fba34e9a340f4dc4c12687.jpg" data-gid="gid://syiq/Photo/273105">Glass bulwarks and fold-out balconies help to bridge the gap between <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a>’s indoor and outdoor spaces, and her owner also gave great attention to her exterior decks. A key element in her design is her alfresco living capabilities, with a large Jacuzzi on her flybridge, alongside seating and a pool on her foredeck.<img src="https://photo-assets.superyachttimes.com/photo/273071/image/large-999dd81b676837aee863f69b78000c3c.jpg" data-gid="gid://syiq/Photo/273071"> <img src="https://photo-assets.superyachttimes.com/photo/273081/image/large-77753f90a22e13a82f4037a13dc92ca6.jpg" data-gid="gid://syiq/Photo/273081"><img src="https://photo-assets.superyachttimes.com/photo/273102/image/large-79635cb5681eff8b55f438fe87bc3e66.jpg" data-gid="gid://syiq/Photo/273102"><img src="https://photo-assets.superyachttimes.com/photo/273101/image/large-4cd960b923f77deb717f4bbf8dc7997a.jpg" data-gid="gid://syiq/Photo/273101">The owner of <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> opted for a spectacular outdoor home cinema screen, which includes a high-luminosity screen located at the front of the swimming pool lounge on the foredeck. <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> is also fitted with a top-of-the-range sound system designed by the award-winning French/British brand Focal &amp; Naim throughout the yacht.<img src="https://photo-assets.superyachttimes.com/photo/273104/image/large-019f432165595477097e6f80d8809960.jpg" data-gid="gid://syiq/Photo/273104"><img src="https://photo-assets.superyachttimes.com/photo/273084/image/large-c4c6ac708fc1a2c7059807b457dd5aff.jpg" data-gid="gid://syiq/Photo/273084"><img src="https://photo-assets.superyachttimes.com/photo/273109/image/large-97ae7546751fbacb3de2891824410b9d.jpg" data-gid="gid://syiq/Photo/273109">&nbsp;“Our usual flexibility in satisfying customer requests is evident in the customisations made to Grey, such as the installation of a swimming pool in the bow, and the fantastic and never seen before cinema/sound system fitted just in front of the pool,” explained <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> sales and marketing manager Giuseppe Mazza.<img src="https://photo-assets.superyachttimes.com/photo/273083/image/large-88b6678a2f3c2babfe5ee10ee6388670.jpg" data-gid="gid://syiq/Photo/273083"><img src="https://photo-assets.superyachttimes.com/photo/273085/image/large-65b561b7c30f3a23cb188258d295feab.jpg" data-gid="gid://syiq/Photo/273085">&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> is equipped with a conventional propulsion system of twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, which provide her with a top speed of 18 knots. <a data-gid="gid://syiq/Yacht/10624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey49.99m (164'0&quot;)Tankoa Yachts S.p.A.2023">Grey</a> will now join her sisterships <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a>, <a data-gid="gid://syiq/Yacht/6614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SP149.9m (163'9&quot;)Tankoa Yachts S.p.A.2019">SP1</a>, <a data-gid="gid://syiq/Yacht/7680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kinda49.99m (164'0&quot;)Tankoa Yachts S.p.A.2022">Kinda</a> and <a data-gid="gid://syiq/Yacht/7422" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olokun49.99m (164'0&quot;)Tankoa Yachts S.p.A.2020">Olokun</a> at sea, and will be offered for charter with <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/273065/image/large-9d23cf64470f83c72b87647aab032041.jpg" data-gid="gid://syiq/Photo/273065">

50m Tankoa S501 yacht Grey delivered

The fifth Tankoa S501 superyacht Grey has been delivered to her owner from the Tankoa shipyard in Genoa, Italy.

A first look onboard the newly delivered  50m Tankoa S501 superyacht Grey

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s 111-metre superyacht Project Y722 has been seen out of the shed for the first time as she nears completion. The motor yacht began construction in 2020 at the Zwijndrecht facility in the Netherlands, and is currently the largest yacht in-build at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>.<img src="https://photo-assets.superyachttimes.com/photo/273135/image/large-7622b0c659d4f0b822f6da83d26b90e1.jpg" data-gid="gid://syiq/Photo/273135">Details surrounding Project Y722 have been kept tightly under wraps, since construction started on the steel hull and aluminium superstructure. Her naval architecture has been penned by <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral Naval Architects</a>, while <a data-gid="gid://syiq/Company/2091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Berryman Design Ltd (Company)">Mark Berryman Design Ltd</a> were responsible for her interior.<img src="https://photo-assets.superyachttimes.com/photo/273134/image/large-9626611c8f66dc0a596dbb00be9c0d2d.jpg" data-gid="gid://syiq/Photo/273134"><img src="https://photo-assets.superyachttimes.com/photo/273136/image/large-439d79f675237f14c103044a0ab2170e.jpg" data-gid="gid://syiq/Photo/273136">In terms of length, Project Y722 ranks as the third largest yacht to be built by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, behind the 117-metre motor yacht <a data-gid="gid://syiq/Yacht/6433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinity117.0m (383'10&quot;)Oceanco2022">Infinity</a>, and Jeff Bezos’ recently delivered sailing yacht <a data-gid="gid://syiq/Yacht/7500" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Koru127.0m (416'8&quot;)Oceanco2023">Koru</a>.<img src="https://photo-assets.superyachttimes.com/photo/273137/image/large-50bb6ef9f5efc71fc5bbe2363c5d8352.jpg" data-gid="gid://syiq/Photo/273137">

Oceanco superyacht Project Y722 nears completion

The 111m Oceanco superyacht Project Y722 has been seen out of the shed for the first time as she nears completion. 

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111m Oceanco superyacht Project Y722 seen out of the shed for the first time

<a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> has announced its partnership with NEOM, the global development taking shape in northwest Saudi Arabia. The planned smart city is currently in construction and once complete will support the vision of establishing the area as a world-leading travel destination. <img src="https://photo-assets.superyachttimes.com/photo/250919/image/large-834ab5a6be786201ca6248864772ee79.png" data-gid="gid://syiq/Photo/250919">Through their partnership, <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> will work with NEOM to develop and operate the prestigious marina at Sindalah. Positioned with direct access to the Red Sea, Sindalah will be the closest marina to Europe and the Mediterranean.&nbsp;Sindalah is expected to be a key project in supporting Saudi Arabia’s national tourism strategy, and the marina will offer 86 berths for yachts up to 50-metres. As well as this, additional serviced offshore buoys will provide anchorages for superyachts up to 180-metres.“Sindalah will be one of the most alluring and vibrant yachting destinations in the world, thanks to its strategic location, outstanding amenities and stunning natural landscapes,” explained Antoni Vives, Head of Urban Development at NEOM. <img src="https://photo-assets.superyachttimes.com/photo/250918/image/large-35931dea9dd1c2769f1d6af559839d52.png" data-gid="gid://syiq/Photo/250918">On land, Sindalah will offer guests high-end premium hotels options including Four Seasons and the Ultra Luxury Collection by Marriott. Other tourist attractions will include retail venues, ulinary dining from Michelin star chefs and an exotic golf course designed by Robert Trent Jones and operated by IMG.“This partnership with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> is one of many steps we are taking to achieve our vision of reshaping the global yachting calendar, with NEOM located one day’s cruising distance from the Mediterranean Sea.”Read: <a data-gid="gid://syiq/Article/56505" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Sea development: Sindalah, NEOM’s first island development with 86-berth marina announced (2022-12-05 14:30:00 +0100)">Red Sea development: Sindalah, NEOM’s first island development with 86-berth marina announced<img src="https://photo-assets.superyachttimes.com/photo/273050/image/large-3d985d97247e2118f83b87c08bb9ea4e.jpg" data-gid="gid://syiq/Photo/273050"></a><a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> currently offers a network of 23 marinas across 12 countries, and once established, Sindalah will also offer exclusive membership of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> superyacht membership program <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> Trident.“Sindalah perfectly integrates with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s global vision to connect the world’s most incredible yachting destinations across our growing marina network,” added Tom Mukamal, CEO of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>. “The addition of NEOM to the <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> platform provides superyacht owners, captains and charter guests unrivaled destinations, service and convenience. <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> is tremendously excited about the opportunity to promote this amazing new destination to the international yachting community.”<img src="https://photo-assets.superyachttimes.com/photo/273043/image/large-91d98ad2b2e78c4726181f722b5c486a.jpg" data-gid="gid://syiq/Photo/273043">NEOM is currently in-build, with the first destinations due to open in 2024. The project has been phased with OXAGON getting its first residents in 2024 and TROJENA becoming a place to live, work and holiday in 2026. THE LINE will be activated in 2026 and by 2030, around one million people will be residing in NEOM, with predictions that this figure will rise to nine million in 2045.

IGY Marinas partners with NEOM marina Sindalah in Saudi Arabia

IGY Marinas has announced its partnership with the NEOM marina Sindalah to develop yachting in Saudi Arabia.

IGY Marinas partners with NEOM marina Sindalah to develop yachting in Saudi Arabia 

<img src="https://photo-assets.superyachttimes.com/photo/243632/image/large-3d50ab60434244be48566f6dc3f3b2d3.jpg" data-gid="gid://syiq/Photo/243632">The 41.8-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> motor yacht <a data-gid="gid://syiq/Yacht/2753" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Iloilo41.8m (137'2&quot;)Feadship1986">Miss Iloilo</a>, previously named Golden Rule and&nbsp;Excellence, has been sold with Alan Kelly of <a data-gid="gid://syiq/Company/6930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="LIIR Yachts International (Company)">LIIR Yachts International</a> representing the buyer and Miles Clark of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/243633/image/large-f1fddfafe36a2250f695f73030662287.jpg" data-gid="gid://syiq/Photo/243633"><img src="https://photo-assets.superyachttimes.com/photo/243634/image/large-31f69750b1dc27bfe8a93b9e61991006.jpg" data-gid="gid://syiq/Photo/243634"><img src="https://photo-assets.superyachttimes.com/photo/243631/image/large-40a4b70e1641484ab4df18b8e19e1ab5.jpg" data-gid="gid://syiq/Photo/243631">The motor yacht was delivered in 1986. She features exterior design by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, while her interior was penned by <a data-gid="gid://syiq/Company/42" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Glade Johnson Design, Inc. (Company)">Glade Johnson Design,</a> with naval architecture by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>. Up to 13 guests are accommodated onboard the superyacht <a data-gid="gid://syiq/Yacht/2753" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Iloilo41.8m (137'2&quot;)Feadship1986">Miss Iloilo</a>, and she also has accommodation for 11 crew members including the captain.<img src="https://photo-assets.superyachttimes.com/photo/207848/image/large-9943132e2775be61bfd1823f8d14c9fe.jpg" data-gid="gid://syiq/Photo/207848"><img src="https://photo-assets.superyachttimes.com/photo/243641/image/large-d3cd30e8cfe38849a5b905a68536feef.jpg" data-gid="gid://syiq/Photo/243641"><img src="https://photo-assets.superyachttimes.com/photo/207846/image/large-7da9674d3e31131bd8a4cd2b2eca6b2d.jpeg" data-gid="gid://syiq/Photo/207846">The motor yacht has a steel hull and aluminium superstructure. She is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, which give her a cruising speed of 11 knots and a top speed of 13.7 knots. The yacht carries 43,112 litres of fuel onboard, and 8,210 litres of water.<img src="https://photo-assets.superyachttimes.com/photo/207845/image/large-e2c940e783ad00978c0d6e04c80a5914.jpeg" data-gid="gid://syiq/Photo/207845"><img src="https://photo-assets.superyachttimes.com/photo/207844/image/large-939eb03d0cd528608e88d94985a58ff5.jpeg" data-gid="gid://syiq/Photo/207844">She had a last asking price of $7,800,000.

42m Feadship motor yacht Miss Iloilo sold

The 41.8m Feadship motor yacht, Miss Iloilo, sold with LIIR Yachts International representing the buyer and Ocean Independence representing the seller

The 40-metre ketch sailing yacht <a data-gid="gid://syiq/Yacht/4333" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alessandro40.0m (131'3&quot;)Ruth Yachting2011">Alessandro</a> is for sale. The <a href="https://www.superyachttimes.com/yachts/alessandro" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>, which was built by Turkish shipyard <a data-gid="gid://syiq/Company/2667" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ruth Yachting (Company)">Ruth Yachting</a>, was launched in 2011. <img src="https://photo-assets.superyachttimes.com/photo/273022/image/large-0a61029438fb1a8ef7c6c0b260be56d0.png" data-gid="gid://syiq/Photo/273022">The <a href="https://www.superyachttimes.com/yachts/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a> features a ketch rig and wooden hull, with an 8-metre beam and volume of 143 GT. Designed in house by her builder, the sailing yacht features expansive decks with a large dining area, forward sunbathing and deck Jacuzzi. The yacht also features a fold down transom that transforms into a swim platform and offers easy access to the main deck.<img src="https://photo-assets.superyachttimes.com/photo/260745/image/large-83c3a6edad2ba8d3a8d1b8dfca6188b8.png" data-gid="gid://syiq/Photo/260745"><img src="https://photo-assets.superyachttimes.com/photo/260747/image/large-89d469262d367a1a5458789d4644b85d.png" data-gid="gid://syiq/Photo/260747"><img src="https://photo-assets.superyachttimes.com/photo/260754/image/large-6b81363dcf26172b1b169d5f1d5b3dfb.png" data-gid="gid://syiq/Photo/260754">&nbsp;Able to accommodate as many as 10 guests between five staterooms, the yacht for sale has a full beam owner's suite, and four doubles. The owner's suite is extremely spacious, with a centralised, walk-around king bed, a number of lounges and a small table for working or dining.<img src="https://photo-assets.superyachttimes.com/photo/260750/image/large-40cbdb82ed05d8947d0024b4edfc0b5f.png" data-gid="gid://syiq/Photo/260750"><img src="https://photo-assets.superyachttimes.com/photo/260751/image/large-3bd882929bd654cb37762f8b1aa62421.png" data-gid="gid://syiq/Photo/260751"><img src="https://photo-assets.superyachttimes.com/photo/260752/image/large-eca222858d2411f14e717b63aa75914f.png" data-gid="gid://syiq/Photo/260752">The yacht's interior is well appointed and she features a comfortable and spacious main saloon and cockpit area, with a large dining table that can accommodate as many as 10 guests. The main saloon features a bar, lounge and dining area, as well as a steering wheel.<img src="https://photo-assets.superyachttimes.com/photo/260748/image/large-48bccaee4ddebfdf8afe3e09091d720a.png" data-gid="gid://syiq/Photo/260748"><img src="https://photo-assets.superyachttimes.com/photo/260749/image/large-b068764eeaa049f9ec706c6494c2065f.png" data-gid="gid://syiq/Photo/260749">The <a href="https://www.superyachttimes.com/yachts/ruth-yachting/for-sale" rel="noopener noreferrer" target="_blank" title="">Ruth Yachting yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines to a top speed of 13 knots under power, and a cruising speed of 9 knots.<img src="https://photo-assets.superyachttimes.com/photo/260744/image/large-fb0b65dfa1cb862c527dff7b7e0d0555.png" data-gid="gid://syiq/Photo/260744">She is currently located near Split, Croatia and is available for viewings throughout the summer.

40m sailing yacht Alessandro for sale

The 40m ketch sailing yacht Alessandro is for sale. 

40m ketch sailing yacht Alessandro for sale

The 31.39-metre <a data-gid="gid://syiq/Company/2631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Shipyard (Company)">Broward&nbsp;</a>motor yacht <a data-gid="gid://syiq/Yacht/2153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Three Kings31.39m (102'12&quot;)Broward Marine1999">Three Kings</a>, previously named Depression, has been sold with Gary Goddard of <a data-gid="gid://syiq/Company/5421" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Staten Island Yacht Sales (Company)">Staten Island Yacht Sales</a> representing the buyer and Bill Bowers of <a data-gid="gid://syiq/Company/2578" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="26 North Yachts (Company)">26 North Yachts</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/179466/image/large-8fe8714f44db9274f2afb057add7c29a.jpg" data-gid="gid://syiq/Photo/179466"><img src="https://photo-assets.superyachttimes.com/photo/208027/image/large-8404c35ce80fef74eae44767b3b9ef00.jpeg" data-gid="gid://syiq/Photo/208027"><img src="https://photo-assets.superyachttimes.com/photo/194537/image/large-3b8e0cf6d988ebde96253762af352e78.jpeg" data-gid="gid://syiq/Photo/194537">The motor yacht was delivered in 1999 and is the seventieth-largest built by <a data-gid="gid://syiq/Company/2631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Shipyard (Company)">Broward</a>. She &nbsp;features exterior design by <a data-gid="gid://syiq/Company/488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Marine (Company)">Broward Marine</a>, with naval architecture by <a data-gid="gid://syiq/Company/488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Marine (Company)">Broward Marine</a>. Up to eight guests are accommodated onboard the superyacht <a data-gid="gid://syiq/Yacht/2153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Three Kings31.39m (102'12&quot;)Broward Marine1999">Three Kings</a>, and she also has accommodation for four crew members, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/194530/image/large-a76d649f09cbb7eb618480f9b2be4399.jpeg" data-gid="gid://syiq/Photo/194530"><img src="https://photo-assets.superyachttimes.com/photo/194529/image/large-47298ae68296d2e4829d457072a6c847.jpeg" data-gid="gid://syiq/Photo/194529">The motor yacht has an aluminium hull and aluminium superstructure. She is powered by twin <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engines, which give her a cruising speed of 15 knots and a top speed of 20 knots. The yacht carries 32,627 litres of fuel onboard, and 4,164 litres of water.<img src="https://photo-assets.superyachttimes.com/photo/194527/image/large-01ac63caba1e926af68ceb47c8bc4ff8.jpeg" data-gid="gid://syiq/Photo/194527">Her last known asking price was $1,599,000.&nbsp;

31m Broward motor yacht Three Kings sold

31.39-metre Broward motor yacht Three Kings has sold with Staten Island Yacht Sales representing the buyer and 26 North Yachts representing the seller

The 29-metre <a data-gid="gid://syiq/Company/886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Intermarine Savannah (Company)">Intermarine</a> motor yacht <a data-gid="gid://syiq/Yacht/5543" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lukousaurus29.0m (95'2&quot;)Intermarine Savannah2001">Lukousaurus</a>&nbsp;previously named Krishelle, has been sold with Matthew Martin of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> representing the buyer and Peter Jeisey of <a data-gid="gid://syiq/Company/6998" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grand Isle Marina (Company)">Grand Isle Marina</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/190630/image/large-ff93ff09df2c68c6b6c73caaba78150a.jpeg" data-gid="gid://syiq/Photo/190630">The flybridge yacht was delivered in 2001 and is the ninth-largest yacht built by <a data-gid="gid://syiq/Company/886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Intermarine Savannah (Company)">Intermarine</a>. She features interior design by the <a data-gid="gid://syiq/Company/150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pavlik Design Team (Company)">Pavlik Design Team</a>. Up to six guests are accommodated onboard the superyacht <a data-gid="gid://syiq/Yacht/5543" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lukousaurus29.0m (95'2&quot;)Intermarine Savannah2001">Lukousaurus</a>, and she also has accommodation for three crew members including the captain. <img src="https://photo-assets.superyachttimes.com/photo/273153/image/large-e19fce349a3584a61a2c665c9a9f1831.jpg" data-gid="gid://syiq/Photo/273153"><img src="https://photo-assets.superyachttimes.com/photo/273154/image/large-242b61559360d3226ed6fe6523d3c6fa.jpg" data-gid="gid://syiq/Photo/273154">The flybridge yacht is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a top speed of 22 knots. The yacht carries 15,991 litres of fuel onboard.Her last known asking price was $1,595,000.&nbsp;

29m Intermarine flybridge yacht Lukousaurus sold

The 29-metre Intermarine flybridge yacht Lukousaurus has sold with Fraser representing the buyer and Grand Isle Marina representing the seller

29m Intermarine motor yacht Lukousaurus sold

Italian yacht designer <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Studio Spadolini S.r.l (Company)">Tommaso Spadolini</a> has unveiled the first details of his new 90-metre superyacht concept. The sporty motor yacht features strong exterior lines and has been designed to have close contact with the sea.<img src="https://photo-assets.superyachttimes.com/photo/254144/image/large-f745df6f4f0984c08ef4c436e33b4736.jpg" data-gid="gid://syiq/Photo/254144">The new superyacht concept has been conceived with a powerful shear for the main deck, emphasised by two strong convex lines for the owner’s and upper decks. “We have worked closely with the owner and his representatives to create a really head-turning design that responds to his three key requirements without sacrificing one iota of practicality,” said <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Studio Spadolini S.r.l (Company)">Tommaso Spadolini</a>.<img src="https://photo-assets.superyachttimes.com/photo/254134/image/large-a9861ebc7aeb18a1d01e9ece88afccc3.jpg" data-gid="gid://syiq/Photo/254134"><a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Studio Spadolini S.r.l (Company)">Spadolini</a> has designed the yacht to provide plenty of privacy for guests onboard. “Discretion and privacy were a big part of the brief,” <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Studio Spadolini S.r.l (Company)">Spadolini</a> noted. “We have developed enclosed structures for the stairs and separate crew access so that the owner can be completely cocooned on demand.”<img src="https://photo-assets.superyachttimes.com/photo/254145/image/large-2df400ce625611a2deb51fed1e29e802.jpg" data-gid="gid://syiq/Photo/254145">The concept features a dedicated owner’s deck with 270-degree views from the master suite. The stateroom also includes his and hers ensuite with bath tubs, walk-in wardrobes, a wine cellar, cigar lounge with humidor and an intimate lounge area.<img src="https://photo-assets.superyachttimes.com/photo/254136/image/large-8467ff3299cc3051c5c26e3136c36269.jpg" data-gid="gid://syiq/Photo/254136">By flaring the bow and introducing a side deck forward on the upper deck, extra volume has been created on the main deck below. Here, there are six large guest staterooms including two particularly well-appointed VIPs.<img src="https://photo-assets.superyachttimes.com/photo/254143/image/large-fdc78b82c59d6c4e094976d4bd872e42.jpg" data-gid="gid://syiq/Photo/254143">The standout feature of the new design is her beach club aft, arranged over the lower and main decks. The area includes a 150 square-metre lounge area with twin fold-down balconies, as well as a gym, bar, sauna, massage and relaxation area.<img src="https://photo-assets.superyachttimes.com/photo/254137/image/large-0c43f09f988ab67522094e6d9690a633.jpg" data-gid="gid://syiq/Photo/254137">The beach club bathing platform itself amounts to 65 square-metres and the main aft cockpit above fills another 150 square-metres. Within this 365 square-metre beach club is a beautiful glass-backed infinity pool, emphasised by the balconies outside the sliding doors in the upper lounge.<img src="https://photo-assets.superyachttimes.com/photo/254142/image/large-1b0ab7217968a6f5bac824a77f6e6753.jpg" data-gid="gid://syiq/Photo/254142">The concept is able to accommodate a tender of up to nine-metres in her main garage, as well as a huge toy garage forward. She is also equipped with a nine-seat cinema, a 200 square-metre sundeck with pool and a touch-and-go helipad on her foredeck. She is also capable of speeds around 20 knots.“We have spent many hundreds of hours refining the design of this yacht,” said <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Studio Spadolini S.r.l (Company)">Spadolini</a>. “It is now ready to move to the next engineering stage. Though we are currently studying some larger designs for potential clients, this is the biggest yacht we have brought to such a stage of detail. It is very dear to me, like a member of the family.”

Tommaso Spadolini unveils 90m superyacht concept

Designer Tommaso Spadolini has unveiled the first details of his new 90m superyacht concept.

Tommaso Spadolini unveils 90m superyacht concept with vast beach club

Italy-based designer <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a> has unveiled the first renderings for a new 48.5-metre superyacht concept. The motor yacht was designed with a specific owner in mind who was looking for a more spacious design from his current 35-metre yacht.<img src="https://photo-assets.superyachttimes.com/photo/260720/image/large-2e9f6b915b88c880e8684f344ab2c08d.jpg" data-gid="gid://syiq/Photo/260720">The strictly displacement hull measures 48.5-metres in overall length, which becomes 46-metres at the waterline. Her hull will be built from steel, while her superstructure will be made of aluminium, with an overall GT of approximately 490 tons.<img src="https://photo-assets.superyachttimes.com/photo/260722/image/large-ad92f30fb7bdee1f933f4bca4c394d66.jpg" data-gid="gid://syiq/Photo/260722">“The hypothetical profile of this 48-metre yacht is a ‘classic trending to modern’ style,” commented designer <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a>. “We were expressly asked for a semi-vertical bow and other specific choices such as large free areas in her flybridge. The relationship with the water is therefore mainly experienced through the large aft swim platform and its comfortable and inviting access to the sea.”<img src="https://photo-assets.superyachttimes.com/photo/260718/image/large-0ff1a58fb8b29d9b60a500d43c0bbc18.jpg" data-gid="gid://syiq/Photo/260718">The owner requested a larger yacht around 50-metres that would allow them to better enjoy their large family during the summer holidays and had some very specific requests for her design. “There had to be large windows, the owner's suite had to be located on the main deck towards the bow, with the four guest and four crew cabins on the lower deck, and the captain's quarters had to be on the upper deck,” explained designer <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a>.<img src="https://photo-assets.superyachttimes.com/photo/260732/image/large-0e6e784a91c6c6a860b22fbeb6b67257.jpg" data-gid="gid://syiq/Photo/260732">The owner also made some precise requests regarding the interior areas, with a large galley aft of the owner's suite, followed aft by an 11-metre saloon. She also has another 7-metre saloon on her upper deck. “Obviously, at this stage we haven't considered any furniture arrangements,” continued <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Spadolini</a>. “But from the indications received from the owner, the general idea is to have solutions with modular sofas and armchairs that can be adjusted as needed.”<img src="https://photo-assets.superyachttimes.com/photo/260729/image/large-c78eed751f6fe273c25b72e8b61f3da0.jpg" data-gid="gid://syiq/Photo/260729">The toys and tenders, including <a data-gid="gid://syiq/Company/3590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seabob Adriatic (Company)">Seabobs</a> and an Optimist, occupy the forward area to allow for a gym aft and a large swim platform, with folding topsides to expand its size and contact with the sea. <img src="https://photo-assets.superyachttimes.com/photo/260726/image/large-fffc1cda4bba1eb1a7b426c4eab26e99.jpg" data-gid="gid://syiq/Photo/260726">“Finally, the flybridge had to be a perfect example of a space dedicated to relaxing in company,” added <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Tommaso Spadolini</a>. “The numerous solar panels guarantee good energy autonomy, allowing everyone to enjoy moonlit evenings in a bay without the hum of the generators. But they also show concern for the environment, which is increasingly important to the new generations,” concluded <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Spadolini</a>.<img src="https://photo-assets.superyachttimes.com/photo/260723/image/large-8b1178bc6748420479290393cd88ad5d.jpg" data-gid="gid://syiq/Photo/260723">The superyacht will be equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> CAT C32 engines allowing the yacht to reach a top speed of 16.5 knots, with a cruising speed of 13.5 knots. At the owner's request, a range of 4,500 nautical miles at an economic speed of 10.5 knots was envisaged, so all types of navigation are possible.<img src="https://photo-assets.superyachttimes.com/photo/260733/image/large-9ca41c901a6f764c71d36f2be61b76d8.jpg" data-gid="gid://syiq/Photo/260733">

Tommaso Spadolini unveils new 48m superyacht concept

Designer Tommaso Spadolini has unveiled the first renderings for a new 48m superyacht concept.

Tommaso Spadolini unveils new 48m superyacht concept 

The Viareggio-based shipyard <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> has announced its new <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 50 superyacht concept. <img src="https://photo-assets.superyachttimes.com/photo/258556/image/large-f5917a64665e574dd452e4ff4cc90dab.jpg" data-gid="gid://syiq/Photo/258556">The new <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 50 is inspired by the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 2020 concept, a 70-metre yacht characterised by clean, minimal lines and vast spaces with an owner's suite spread over two floors, ensuring maximum comfort and extreme privacy to the occupants. Born from the intuition and hand of Fulvio <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>, this <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet gives rise to something never before seen at sea.<img src="https://photo-assets.superyachttimes.com/photo/258557/image/large-b98182034dd56b4dcc0f72e1dcdea8b2.jpg" data-gid="gid://syiq/Photo/258557">Fulvio <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> will be working in close collaboration with designer Tommaso <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Studio Spadolini S.r.l (Company)">Spadolini</a> to create a new innovation, taking inspiration from the typical lines of aviation and reinterpreting them in a nautical key, completely breaking the mould. <img src="https://photo-assets.superyachttimes.com/photo/258559/image/large-8f850eccf1fe34bb767233f9fbc0775c.jpg" data-gid="gid://syiq/Photo/258559">The <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 2020 promised numerous luxurious features, including a helipad, an outdoor covered gym, a swimming pool, and a skylounge with large windows. The duo decided to continue working together and are now embarking on a smaller idea, the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 50. <img src="https://photo-assets.superyachttimes.com/photo/258558/image/large-9a253ba9ef3077476fb3cf64187ff6a2.jpg" data-gid="gid://syiq/Photo/258558">The <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 50 will feature soft shapes and generous interior and exterior spaces across her 500GT. While the technicality aspect of <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Jet 50 is still in the process of being reviewed, the shipyard promises she will be built to a high-quality standard. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/258560/image/large-aa0f99e91a4e70e5620d3d2891322e2e.jpg" data-gid="gid://syiq/Photo/258560">She will be equipped with the most innovative technological equipment available on the market, and <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> guarantee she will have certification issued by the main registers of shipping and flagship.&nbsp;

Codecasa Jet 50 superyacht concept

Codecasa has announced its new Codecasa Jet 50 concept, inspired by the Codecasa 2020.

Interviews

In conversation with Tommaso Spadolini: Three new superyacht designs for 2023