Shipyards are most often judged by what leaves the shed – size, design and technical ambition. By those measures, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s position within the upper tier of Northern European builders is well established. Less often examined, however, is how a builder sustains consistency as projects become increasingly complex.<img src="https://photo-assets.superyachttimes.com/photo/388534/image/large-b2ccd786974c3724c2d70de3539dc839.jpeg" data-gid="gid://syiq/Photo/388534">To understand this requires looking beyond the finished yacht and into the internal structures that support it. In <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s case, organisational culture carries as much importance as engineering capability.<img src="https://photo-assets.superyachttimes.com/photo/367151/image/large-8c382775b5a7c78db982332975e7d9ae.png" data-gid="gid://syiq/Photo/367151">A people-first mindsetParis Baloumis has spent nearly two decades at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, spanning different ownership phases and leadership styles. Over that time, formal project management frameworks were introduced, transparency increased and facilities expanded. Alongside these visible changes, however, one principle has remained constant.“<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has always been, first and foremost, a human company,” says Paris. “From the very beginning, our success has come from our people, who care deeply about their work, take ownership of what they do and understand that extraordinary yachts are created through teamwork and shared ambition.”<img src="https://photo-assets.superyachttimes.com/photo/378677/image/large-95b260286ebcb39540f638f7f82168a0.jpg" data-gid="gid://syiq/Photo/378677">To reinforce this culture, leadership structures have evolved to become less performative and more functional. Hierarchy still exists, but its role is supportive rather than directive. In practice, this means decision-making sits close to the point of execution, with input valued regardless of job title.“Each project team works physically alongside the yacht during the build, moving with the project between our facilities in Zwijndrecht and Alblasserdam and operating from an open workspace directly next to the yacht, where the owner’s team and key subcontractors also work side by side,” explains Paris. “If something changes on board, the relevant people can quickly review the situation together and agree on the next step without unnecessary layers of hierarchy or administration.”This approach runs counter to a common instinct within high-risk, high-value construction environments, where control is often centralised as complexity increases. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s model distributes responsibility instead, relying on clearly defined roles and mutual trust to manage risk.Motivation and recognition also play an important role. During the build of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> hosted a family day where the families of the project team and crew were invited to see the skill and dedication behind the yacht. When <a data-gid="gid://syiq/Yacht/12020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DreAMBoat111.0m (364'2&quot;)Oceanco2025">DreAMBoat</a> was delivered, the celebration again included those who helped build her, allowing everyone to share in the pride of the finished yacht. Equal importance is also placed on creating small moments for teams to step away from the project and spend time together, recognising that reconnecting outside the work environment often brings renewed energy.<img src="https://photo-assets.superyachttimes.com/photo/388533/image/large-a5b44a9493e139983b10ae4757c8f41d.jpeg" data-gid="gid://syiq/Photo/388533">Partnership as practice<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s culture extends to the wider network it works with. Key subcontractors are described internally as ‘Co-makers’, reflecting long-term partnerships built on trust and transparency. These relationships can have a direct impact on project outcomes, particularly when it comes to capacity planning.A recent example came during the builds of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> and <a data-gid="gid://syiq/Yacht/12020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DreAMBoat111.0m (364'2&quot;)Oceanco2025">DreAMBoat</a>, which were delivered just two weeks apart. “Delivering two complex projects so close together creates significant pressure across <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and for our Co-makers,” says Edske Smit Project Director “But because we had already been discussing capacity and potential risks several years in advance, we were able to plan and adapt together. By looking at both projects from a broader <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> perspective rather than only individual contracts, teams could shift people and resources where they were needed most.”&nbsp;Transparency therefore becomes an operational necessity. Problems are surfaced early, with the expectation that accountability and learning follow disclosure rather than blame. This approach becomes particularly crucial when projects come under commercial or schedule pressure.“Because many of our Co-makers are long-term partners, there is already a strong level of trust that allows us to act quickly and solve challenges together,” Edske Smit adds. “We communicate clearly about the targets we need to meet and the risks we are prepared to accept, so expectations remain aligned. That openness helps us navigate pressure constructively and continue building trust over time.”<img src="https://photo-assets.superyachttimes.com/photo/388643/image/large-8ea500b0c047de9da42f5c995df3563b.png" data-gid="gid://syiq/Photo/388643">Progress driven by collaborationInnovation follows a similarly collaborative logic. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> encourages Co-makers and suppliers to view themselves not simply as contractors but as partners in developing new ideas. The challenge, however, is less about generating ideas and more about ensuring they gain traction within the realities of a live project environment.“Innovation is always developed collaboratively with our Co-makers and suppliers,” says Edske Smit. “When new ideas emerge, the first question is whether there is a suitable project where they can be tested or implemented, and then whether they align with our broader strategy.”Because innovation inevitably brings a degree of risk, it is always discussed closely with the owner’s team. “We are lucky that many of our owners are enthusiastic about exploring new solutions,” Edske Smit adds. “The key is finding the right balance between strategic direction, project timing and the willingness to pilot new ideas.”Smaller innovations are often evaluated directly within project teams. One example is the compound used for the <a data-gid="gid://syiq/Company/7672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bolidt (Company)">Bolidt</a> synthetic deck on <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>, developed collaboratively between <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, the crew and <a data-gid="gid://syiq/Company/7672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bolidt (Company)">Bolidt</a>. “One of the known challenges with synthetic decking is heat retention,” says Paris. “By adjusting both the colour and the compound, we were able to significantly improve heat dissipation.”<img src="https://photo-assets.superyachttimes.com/photo/388530/image/large-ed1d71e71ba1e6a59cad7fd831529575.jpg" data-gid="gid://syiq/Photo/388530">Larger developments involve the wider development team and, at times, the board. Take <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s Life Cycle Assessment tool, for instance, which gained traction during the development of DreAMBoat when the owner offered support in exploring ways to improve the design and build process for future projects. The result was a collaboration with an independent engineering expert to co-develop a tool capable of measuring a yacht’s carbon footprint in far greater detail than previously possible. The tool is now used during the design stage of all <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> projects, giving clients clearer insight into how design and material choices influence energy use and environmental impact.<img src="https://photo-assets.superyachttimes.com/photo/73482/image/large-272c9906641d609027608ac76389fb19.jpg" data-gid="gid://syiq/Photo/73482">An invisible frameworkWhat is notable is how understated much of this remains. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s culture is not heavily branded or overtly publicised. Instead, it manifests through repeated behaviours – how meetings are structured, how disagreement is handled and how pressure is absorbed during critical project phases. It is rarely visible from the outside, yet it may be one of the shipyard’s most carefully constructed assets.The yachts themselves may be the most obvious outcome, but the people and relationships behind them determine whether that output remains sustainable. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s future ambitions appear less concerned with scale for its own sake and more focused on maintaining community as projects continue to grow in complexity.

Inside Oceanco shipyard

H3 yacht anchored with helicopter

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DreAMBoat on sea trials

Leviathan yacht deck aerial

Oceanco shipyard

Leviathan yacht anchored

Black Pearl sailing yacht by Oceanco

We speak to the people behind Oceanco's success to find out more about the yard.

Inside the shipyard: The people and processes behind Oceanco’s projects

The <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a> has launched a new Yacht Engaged in Trade (YET) programme, providing British Virgin Islands (BVI)-flagged superyachts with a formal path to combine private use with limited commercial chartering in Greek, Monaco and French waters.The certification, which comes under a newly published <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a>, only applies to BVI-flagged yachts measuring 24-metres and above.<img src="https://photo-assets.superyachttimes.com/photo/285871/image/large-8fcbfd6ecd33123efe76d4c151e81472.jpg" data-gid="gid://syiq/Photo/285871">According to <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, owners may retain their Pleasure Certificate of British Registry while taking on a temporary Yacht Engaged in Trade (YET) certificate for the duration of each charter period, for up to a maximum of 84 days per year. Once the charter concludes, the yacht's pleasure certificate is reinstated without requiring conversion to full commercial registration.<a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> also stated that owners are no longer required to leave European Union waters to complete new import or export formalities when switching between private and charter use.&nbsp;Under the programme, yachts may operate on either basis during the 18-month Temporary Admission period without further customs formalities, provided the relevant conditions are met. Yachts with VAT-paid status or in Free Circulation are not subject to the 18-month limit.<img src="https://photo-assets.superyachttimes.com/photo/363128/image/large-9de6013ee3a3b56cf02c66b85dc42db8.jpg" data-gid="gid://syiq/Photo/363128">The programme is intended for yachts already operating to a commercial standard. To qualify, vessels must measure at least 24-metres in load line length, hold class certification and comply with the Red Ensign Group Yacht Code, the Maritime Labour Convention, the International Safety Management Code and the International Ship and Port Facility Security Code.Furthermore, <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> verifies compliance through a survey before issuing a Yacht Engaged in Trade Certificate of Compliance, which must be held before each charter period.Charters are limited to 84 days annually and may carry no more than 12 passengers. For non-VAT-paid yachts, charters can currently only commence in Greek, Monaco or French waters. During charter periods, yachts operate under commercial requirements and remain subject to Port State Control inspections under the Paris Memorandum of Understanding.Commenting on the programme, Business Development Manager at <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, Georgios Bazos, said: "This gives BVI-flagged yachts operating in Europe the opportunity to charter for part of the year while keeping their private registration for the rest. It's a natural next step for the registry, and one more option for owners who want flexibility without added complexity."

VISMA launches 84-day European charter programme for BVI-flagged superyachts

VISMA has launched a new programme, allowing BVI-flagged superyachts up to 84 days of commercial chartering in selected European waters. 

Plymouth-based boat refit company Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.<img src="https://photo-assets.superyachttimes.com/photo/399628/image/large-90cdcccefd37fd95c414dc2c921b672b.jpg" data-gid="gid://syiq/Photo/399628">Yacht Solutions Europe focused on yacht refit and repairs, with services including engineering, retrofitting, carpentry, upholstery and upgrades. They worked on projects worldwide and opened a base in Florida, USA, in 2023.Yacht Solutions Europe was founded in 2021 by two former <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> employees, Paul Eccles and Dave Watson, after the collapse of a previous business, Yacht Solutions Worldwide Ltd.&nbsp;The assets were sold to Yacht Solutions Europe in a pre-pack deal and was dissolved in 2024, leaving debts of more than £282,000 unpaid, with the company now entering creditors’ voluntary liquidation.<img src="https://photo-assets.superyachttimes.com/photo/399629/image/large-a78e5de8571b860d8e0ffc83ed261014.jpg" data-gid="gid://syiq/Photo/399629">Documents filed on Companies House show assets of about £18,000 which will be used to pay nine employees and the pension scheme, however there is less than £1,000 left for other creditors, which include more than £176,000 owed to HM Revenue and Customs, nearly £85,000 owed to a lender, around £160,000 owed to six other banks and institutions and £82,500 owed to workers as unsecured creditors.There are 21 trade creditors claiming a combined £34,700, while the American arm Yacht Solutions USA is claiming £71,000. Yacht Solutions Europe’s statement of affairs also revealed that an estimated £608,522 will end up being unpaid.Steve Henson, Managing Director at Devon’s Castle Hill Insolvency, has been appointed joint-liquidator.

Yacht Solutions Europe enters liquidation

Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.

Yacht Solutions Europe enters liquidation with more than £600k unpaid debt

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the appointment of Evan Kortmann as Chief Executive Officer, succeeding Enrico Theuns, who has led the company since 2023.<img src="https://photo-assets.superyachttimes.com/photo/399351/image/large-0b3b67f3579803bdd2cecd343234633d.jpg" data-gid="gid://syiq/Photo/399351">Theuns was originally appointed as CEO through a planned three-year transition following the retirement of founder Wim van der Valk in April 2024. During his tenure, <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> expanded into the 30 metre segment and further strengthened their position in the superyacht market.&nbsp;Read more: <a data-gid="gid://syiq/Article/60237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard announces retirement of founder and management buyout (2024-04-22 09:30:00 +0200)">Van der Valk Shipyard announces retirement of founder and management buyout</a><img src="https://photo-assets.superyachttimes.com/photo/314045/image/large-e3b7cc6745248f659ccfc2d9b2962713.jpg" data-gid="gid://syiq/Photo/314045">“Leading <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> over the past three years has been a rewarding experience,” commented Enrico Theuns. “I am proud of what we have accomplished together and grateful to our employees, clients, co-makers and partners for their commitment and support throughout this period.”Evan Kortmann joins the management team alongside Technical Director Bram Kooltjes and Commercial Director Yoeri Bijker. Theuns will remain involved during the coming months to &nbsp;ensure a smooth transition and support the handover of his responsibilities.Kortmann joins <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> from <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> where he acted as Chief Executive Officer following the semi-retirement of Daan Balk in 2023. Evan joined Balk the year prior as Chief Commercial Officer before transitioning to CEO.&nbsp;Read more: <a data-gid="gid://syiq/Article/58021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down (2023-07-04 16:45:00 +0200)">Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down</a><img src="https://photo-assets.superyachttimes.com/photo/351424/image/large-efe5e4f30ffe75940f3be9e197745b18.jpg" data-gid="gid://syiq/Photo/351424">“<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has built a strong international reputation for delivering high-quality custom yachts,” explained Kortmann. “Our focus on fully custom yachts between 200 and 500 GT allows owners to create a yacht that reflects their individual requirements, while benefiting from the experience and craftsmanship of our team.”“I look forward to working with our clients, colleagues and partners as we continue developing the company and delivering yachts that meet the highest standards of quality and craftsmanship.”

Evan Kortmann appointed CEO of Van der Valk Shipyard

Van der Valk Shipyard has announced the appointment of Evan Kortmann as Chief Executive Officer.

Van der Valk Shipyard appoints Evan Kortmann as CEO

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has been granted 60 days to submit its final restructuring plan after the Court of Florence formally opened proceedings under Article 44 of Italy's Crisis and Insolvency Code.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The court approved the company's application, filed on 1 July, and appointed three judicial commissioners to oversee the process. In its order, the court said <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> proposed restructuring appears to be structured with the objective of preserving the company as a going concern.The company said business activities will continue as normal under the protection of court-ordered measures that prevent creditor enforcement actions during the restructuring. The 60-day deadline may be extended by the court if necessary.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing marks a further step in <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG’s</a> restructuring process after the company said it could no longer pursue a turnaround solely within Italy’s negotiated settlement framework. Its board resolved on 30 June to seek protection under Article 44, with the application filed the following day.Read: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>In a recent market update, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> disclosed consolidated net financial debt of approximately €178.7 million and €266.8 million in overdue liabilities as of 31 May 2026. The company also confirmed that accumulated losses had <a href="https://www.superyachttimes.com/yacht-news/tisg-enters-restructuring-phase-share-capital-below-legal-minimum" target="_blank">reduced its share capital below the legal minimum</a> required under Italian law.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>Despite missed loan repayments, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said its lending banks have not accelerated outstanding borrowings while restructuring negotiations continue. The company has also received a €25 million interest-free shareholder loan from controlling shareholder GC Holding to support liquidity during the process.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, which owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, said it will continue operating its new-build and refit businesses while it prepares the restructuring proposal.

TISG granted 60 days to file restructuring plan

The Italian Sea Group (TISG) has been granted 60 days to submit its final restructuring plan.

French catamaran builder <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027 after overseeing the company's development for several years.<img src="https://photo-assets.superyachttimes.com/photo/336108/image/large-030539c248d560fb467ce7d5ce4321c0.png" data-gid="gid://syiq/Photo/336108">The governance changes come as the group, which includes the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot Yachts</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands, prepares for its next phase of growth ahead of its 50th anniversary.Gardies will progressively transition his responsibilities over the coming months to ensure continuity within the business, with Deputy Chief Executive Officer Mathieu Fountaine tasked by the Board of Directors with supporting the next phase of the group's long-term development strategy.The Board has also appointed Stéven Guedeu as Deputy Chief Executive Officer. Guedeu joined the company in 2011and has held a number of commercial leadership positions in the development of both the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands. In his new role, he will oversee the group's sales and marketing activities, while supporting the execution of its long-term strategy.After more than 20 years, Deputy Chief Executive Officer Romain Motteau’s role has not been renewed. <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> stated that Motteau will continue to oversee the group's international activities, while working on a new strategic project, which is expected to be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/370998/image/large-1dccbc7db8fe06ebede4b4e471e38bab.png" data-gid="gid://syiq/Photo/370998">The company has also expanded its Executive Committee, which now comprises Nicolas Gardies, Mathieu Fountaine, Stéven Guedeu, Group Industrial Director Johan Le Saux, Supply Chain &amp; IT Director Vladimir Popov, Chief Financial Officer Betty Roger, Human Resources Director Mélanie Pouplier and Group Purchasing Director Déborah Pligot.In addition, Jordan Sabot has been appointed Communication &amp; Digital Director, succeeding Hélène de Fontainieu following her 32 years with the company. Sabot will be responsible for leading the group's communications strategy, supporting its international development and accelerating its digital transformation.The governance changes follow the publication of <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a>'s first-half fiscal 2025/26 results, during which the group reported revenue of €136.3 million while maintaining positive profitability. The company said it will continue investing in product development, innovation, the energy transition and the continued growth of its Fountaine Pajot Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Yachts and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands.

Fountaine Pajot CEO Nicolas Gardies to step down

Fountaine Pajot has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027.

Fountaine Pajot CEO Nicolas Gardies to step down following leadership transition

NextBoat has announced a strategic partnership with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, under which the US-based boating and yacht retailer will adopt <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s AI-powered wholesale platform for the sale of its trade-in and pre-owned inventory.<img src="https://photo-assets.superyachttimes.com/photo/390341/image/large-be765afb7248df37e9b507deb714d575.jpg" data-gid="gid://syiq/Photo/390341">The agreement marks the first time that an enterprise dealer group has adopted the platform as its preferred wholesale partner. Under the arrangement, pre-owned inventory will be evaluated, marketed and sold through <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s nationwide network of wholesale buyers.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates more than 120 locations worldwide and generated more than $2.3 billion in annual revenue. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> believes the partnership will increase transaction volumes across its platform while supporting the growth of its marketplace, data and financing businesses.According to the company, the platform is designed to modernise the wholesale and trade-in process through the use of artificial intelligence, real-time transaction data and a digital marketplace. Features include AI-powered vessel valuations, nationwide wholesale bidding, transaction management tools, automated workflows, inventory analytics and integrated financing and insurance solutions.As part of the agreement, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s finance and insurance division, Newcoast, will provide financing and insurance services for transactions originating through the platform. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> said this has the potential to generate recurring revenue through financing activity and insurance policy renewals as transaction volumes increase.“For 15 years, I've believed the marine industry deserved the same technology, transparency and scale that transformed automotive retail,” said Jason Ruegg, Founder and Executive Chairman of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>.&nbsp;“Today, the largest and most respected company in our industry has chosen to deploy the platform we built. We believe that validation speaks not only to what NextBoat has built, but to where this industry is headed.”Ruegg added that the agreement represents the beginning of the enterprise-scale deployment of the company's platform, with financing and insurance expected to become an increasingly important source of recurring revenue.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">In May 2026, it was announced that online marine marketplace <a data-gid="gid://syiq/Article/66120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales to rebrand as NextBoat (2026-05-19 16:45:00 +0200)">Off The Hook Yacht Sales would officially rebrand</a> as <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> Inc, effective on or about 29 May 2026. The rebrand aimed to reflect the company’s evolution from a traditional yacht brokerage business, into an AI-powered technology platform.As well as this, <a data-gid="gid://syiq/Article/66089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts completes acquisition of Apex Marine Group (2026-05-14 16:30:00 +0200)">Off The Hook Yachts announced it had completed the acquisition</a> of marine, service and storage company, Apex Marine Group. Off The Hook Yachts believes that the Apex acquisition opens the door for additional partnerships, as it expands both its sales and service platforms.Kyle Langbehn, Executive Vice President and President of Retail Operations at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, commented: “By integrating <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s advanced technology into our pre-owned retail platform, we believe we can improve efficiency while continuing to deliver exceptional service to our customers.”

NextBoat launches strategic partnership with MarineMax 

NextBoat has announced a partnership with MarineMax for the sale of its trade-in and pre-owned inventory using its AI-powered wholesale platform.

<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> has announced the appointment of Niels Lensen as Sales Director, effective 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/398953/image/large-abfc046002b73174bf9884b16561e472.jpg" data-gid="gid://syiq/Photo/398953">Bringing more than three decades of experience across the yachting industry, Niels Lensen will be responsible for all commercial activities at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> and is the new primary point of contact for yacht refits, ReCrafts, or class surveys.Lensen has worked across the industry in brokerage, new construction, surveys, management, charter, maintenance and refit roles, both in the Netherlands and the Mediterranean.&nbsp;In 2015, Lensen founded <a data-gid="gid://syiq/Company/4837" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NL Marine (Company)">NL Marine</a>, a boutique brokerage house operating between the Netherlands and the French Côte d'Azur, as well as previously holding sales directorships for <a data-gid="gid://syiq/Company/104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jongert Yachts (Company)">Jongert</a> and <a data-gid="gid://syiq/Company/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lengers Yachts (Company)">Lengers Yachts</a> France. <img src="https://photo-assets.superyachttimes.com/photo/398954/image/large-4595b189d7933b2c017c760f19863c4b.jpg" data-gid="gid://syiq/Photo/398954">“<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> has long set the standard for serious refit and ReCraftTM work in the Netherlands, and I am honoured to be joining the team,” explained Lensen. “The craftsmanship, the facilities in Urk, the calibre of projects that come through the yard are a compelling combination. I very much look forward to working with clients who share that same passion for doing things properly.”ReCraftTM refers to <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a>’s registered trademark and reflects their expertise in transforming existing yachts through extensive refit, redesign and technical upgrades, allowing them to restore a yacht to a condition that they believe rivals or even surpasses new-build standards.Lensen will be available throughout the 2026 yacht show season alongside the <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> team at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a>, <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a>, <a data-gid="gid://syiq/Event/346" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2026">Metstrade</a>, <a data-gid="gid://syiq/Event/340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2026">Fort Lauderdale International Boat Show</a> and <a data-gid="gid://syiq/Event/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2026">Palm Beach International Boat Show</a>.

Royal Balk Shipyard appoints Niels Lensen as Sales Director

Balk Shipyard has announced the appointment of Niels Lensen as Sales Director, effective 1 July 2026.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has released an updated market disclosure outlining its financial position as of 31 May 2026, providing further insight into the Italian superyacht builder's ongoing restructuring process.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The filing, published at the request of Italian financial regulator Consob, follows <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> entry into Italy's Negotiated Crisis Settlement procedure in March after the company disclosed internal financial irregularities. It comes weeks after the builder confirmed that accumulated losses had reduced its share capital below the statutory minimum required under Italian law.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a>As of 31 May 2026, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG Group</a> reported a consolidated net financial debt of around €178.7 million, including over €154.6 million in bank debt and cash and cash equivalents of approximately €7.5 million. The parent company, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG S.p.A</a>, reported a net financial debt of over €179.6 million.The disclosure also details €266.8 million in overdue liabilities across the group. This comprises over €42.6 million in overdue financial liabilities, over €77.6 million in trade payables, around €98 million owed to factoring companies, over €29.3 million in tax liabilities and over €18.1 million in social security liabilities.<img src="https://photo-assets.superyachttimes.com/photo/278854/image/large-10473eb6d3fdc1c0fbd3a7cdaa4e5d83.jpg" data-gid="gid://syiq/Photo/278854">According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, although the missed repayment of certain loan instalments entitles its lending banks to declare all outstanding borrowings immediately due, they have not exercised this right while negotiations continue under the court-supervised restructuring process.The company also revealed that it has received 30 payment orders from creditors since entering the restructuring procedure on 16 March, representing claims totalling approximately €2 million. Of these, 22 have been settled for an agreed amount of €408,000, while several others have either been challenged, are under negotiation or will be addressed as part of wider financial restructuring discussions.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing confirms that <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> remains protected by measures granted by the Court of Florence on 20 April, which remain in force until 14 July 2026. The company said these measures continue to stay enforcement actions by creditors covered by the court order while negotiations with lenders and other stakeholders progress.Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>The update also provides further details on the €25 million interest-free shareholder loan granted by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> controlling shareholder, GC Holding S.p.A. The company said the funding was introduced after cost overruns across the majority of its yacht construction contracts reduced operating margins and placed significant pressure on cash flow while production continued on vessels under construction.The shareholder loan is subordinated to the company's bank debt and is repayable by 31 December 2032.An Ordinary Shareholders' Meeting has been convened for 22 July 2026 to consider the company's financial position and the measures required to restore its share capital.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Moreover, the company’s Board of Directors, which met on 30 June 2026, resolved to file a petition pursuant to Article 44 of Legislative Decree No. 14/2019 (the so-called “domanda prenotativa”), in order to access protective legal measures and safeguard business continuity.The decision follows recent developments in discussion with shipowners, which the company said no longer made it possible to pursue a turnaround solely within the framework of the negotiated settlement procedure. The filing, expected to take place immediately, will allow the company to operate under court protection while preparing a restructuring plan.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, and continues to operate its new-build and refit businesses while the restructuring process remains ongoing.

The Italian Sea Group reports financial debt

The Italian Sea Group (TISG) has released an updated market disclosure outlining its financial position as of 31 May 2026.

TISG reports over €178 million net financial debt in latest restructuring update 

US-based boating and yacht retailer <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has completed the refinancing of its $1.49 billion senior secured credit facilities.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">The company has replaced its existing loans with a new financing package designed to lower borrowing costs, increase financial flexibility and extend the repayment deadline to June 2031.The refinancing includes a $950 million inventory financing facility, a $302.5 million term loan, a $150 million revolving credit facility, which replaces a $100 million facility and an $85 million delayed draw mortgage facility, of which $35 million is currently outstanding and replaces the previous $100 million facility.“This refinancing strengthens our financial position by lowering our borrowing costs, extending our maturity and providing additional liquidity to support the continued execution of our long-term strategy,” explained Michael H. McLamb, Executive Vice President, Chief Financial Officer and Secretary of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>.The financings were led by M&amp;T Bank as Administrative Agent and Joint Lead Arranger, along with Wells Fargo Commercial Distribution Finance as Joint Lead Arranger and Floor Plan Agent.“Successfully completing this transaction on improved terms in today’s marine industry environment underscores the strength of our lender relationships and reflects the confidence they have in our operating performance, disciplined capital allocation, healthy balance sheet and management team,” concluded McLamb.&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">In May 2026</a>, Reuters reported that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> was preparing for a potential sale of the company. One potential buyer had raised its offer and one prominent private equity firm was conducting due diligence, with the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> board of directors agreeing to move forward with a sale process.Read more:&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">MarineMax explores potential sale as Donerail raises its bid</a>Headquartered in Clearwater, Florida, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates 65 marinas and storage locations, alongside 70 dealerships, offering yachts for sale, as well as marine services through its acquisition of <a data-gid="gid://syiq/Company/2184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Island Global Yachting (Company)">Island Global Yachting (IGY)</a> in 2022, as well as <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.&nbsp;

MarineMax refinances $1.49 billion credit facilities

MarineMax has completed the refinancing of its $1.49 billion senior secured credit facilities.

MarineMax refinances $1.49 billion credit facilities, extending debt maturity to 2031

Spanish refit and repair specialist <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a> has announced the appointment of Enrique Tintore as its new Commercial Director.<img src="https://photo-assets.superyachttimes.com/photo/397920/image/large-eafb40a43f57108f116704f5b6a5a5fb.jpg" data-gid="gid://syiq/Photo/397920">Tintore joins the Palma-based shipyard with a background in Marine Engineering and Naval Architecture, bringing extensive technical expertise and experience within the international superyacht sector.Prior to joining <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>, Tintore spent nearly a decade at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, where he was involved in the development and delivery of several innovative projects across the company's yacht portfolio, including the first Xplorer 60 yacht <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> and her YS53 yacht support <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a>.&nbsp;Read more: <a data-gid="gid://syiq/Article/64071" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting completes double delivery with Xplorer 60 After You and YS53 Emotional (2025-08-21 11:30:00 +0200)">Damen Yachting completes double delivery with Xplorer 60 After You and YS53 Emotional</a><img src="https://photo-assets.superyachttimes.com/photo/333944/image/large-076b8d514006d5235b5d3cf442ea37e6.jpg" data-gid="gid://syiq/Photo/333944">In his new role, Tintore will support <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>'s commercial activities and strategic development as the shipyard continues to expand its position within the global superyacht refit and maintenance market.Founded in 1942, <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a> is one of the Mediterranean's leading refit facilities, providing maintenance, repair and conversion services for superyachts and commercial vessels from its facilities in Palma de Mallorca.

Enrique Tintore appointed as Commercial Director at Astilleros de Mallorca

Astilleros de Mallorca has announced the appointment of Enrique Tintore as its new Commercial Director.

Astilleros de Mallorca appoints Enrique Tintore as Commercial Director

<img src="https://photo-assets.superyachttimes.com/photo/399785/image/large-b71417dd18d47517498b3583ef6382b8.jpg" data-gid="gid://syiq/Photo/399785">Spotted in Malta's Grand Harbour early last month was the 77.7-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht <a data-gid="gid://syiq/Yacht/9445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amalya77.7m (254'11&quot;)Admiral2025">Amalya</a>. Previously known as Project Blue Marlin, the vessel is instantly recognisable by her distinctive aqua-blue hull and was delivered in 2025. Behind her is the 85.3-metre <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a> explorer yachts <a data-gid="gid://syiq/Yacht/7424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wanderlust85.3m (279'10&quot;)Silver Yachts2022">Wanderlust</a> delivered in 2022.<a data-gid="gid://syiq/Yacht/9445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amalya77.7m (254'11&quot;)Admiral2025">Amalya</a> features both exterior and interior design by <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>, while her naval architecture was developed in-house by her builder. Her custom design is centred around an expansive six-metre swimming pool, creating a versatile space for entertaining, social gatherings and onboard events while cruising. The yacht also offers generous lounging, seating and dining areas, complemented by a deck Jacuzzi. Guests can further enjoy a luxurious spa and a state-of-the-art gym.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> diesel engines, <a data-gid="gid://syiq/Yacht/9445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amalya77.7m (254'11&quot;)Admiral2025">Amalya</a> is constructed with a steel hull and an aluminium superstructure. According to AIS data, she is currently in Antibes, France.

Admiral yacht Amalya in Malta

Spotted in Malta's Grand Harbour early last month was the 77.7-metre Admiral superyacht Amalya. 

78m Admiral superyacht Amalya in Malta

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche (CdM)</a> has announced the appointment of Filippo D. Buonpensiere as Sales Manager, as the Italian shipyard continues to expand its commercial capabilities and market presence.<img src="https://photo-assets.superyachttimes.com/photo/399781/image/large-810b332c149087be29fd81d83e1495ba.png" data-gid="gid://syiq/Photo/399781">Buonpensiere brings six years of operational and commercial experience at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche (CdM)</a>, having been a part of the shipyard during what the shipyard describes as one of the most formative periods of its growth. Beginning with hands-on work during school holidays, he progressed through participating at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>'s major international boat shows, from yacht preparation and detailing to sales.According to <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>, Buonpensiere later became directly involved in used yacht sales transactions, where he gained commercial experience and worked closely with clients throughout the sales process.Alongside his practical experience, Buonpensiere recently completed his degree as an Honor Student at IUM Monaco, combining a six-month internship at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> with six months of study at a London-based institution.Commenting on the appointment, Founder and President of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, Ennio Cecchini, said: "Filippo represents the best of what our company culture produces. His career trajectory reflects not just technical competence, but a genuine passion for our craft and for the ocean itself. He arrives in the Sales Department with the credibility that only authentic experience can provide."

Cantiere delle Marche appoints Filippo D. Buonpensiere as Sales Manager

CdM has appointed Filippo D. Buonpensiere as Sales Manager, as the Italian shipyard expands their market presence and capabilities.


<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has announced the launch of the first unit in its new <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Heritage series, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> from Ameglia, Italy. The 25.5-metre yacht entered the water for the first time ahead of her world première at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a> this September.<img src="https://photo-assets.superyachttimes.com/photo/399780/image/large-ed2093cd41f7b1d55585ffe966f84b19.jpg" data-gid="gid://syiq/Photo/399780"><a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> reinterprets 1960s iconic design through contemporary engineering and design, with exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a> and interior design penned by Piero Lissoni (<a data-gid="gid://syiq/Company/78" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lissoni & Partners (Company)">Lissoni &amp; Partners</a>).Described by her Italian builder as “expressing a quieter vision of luxury yachting”, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> has been designed for owners who prefer substance over spectacle. SHE presents a contemporary interpretation of classic yachting proportions, combining timeless styling cues with modern technologies.<img src="https://photo-assets.superyachttimes.com/photo/376712/image/large-e28a4ba42e3ad279fd4d4dc5d5402928.jpg" data-gid="gid://syiq/Photo/376712">“Innovation rooted in respect for tradition, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> demonstrates how the most enduring ideas continue to inspire when reinterpreted with a clear and conscious intent,” explained Massimo Perotti, Executive Chairman of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.<a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> features an open-plan interior design, with her main saloon flowing seamlessly into her dining room forward. A central staircase is situated in the middle of the room, providing direct access to her sleeping quarters below. <img src="https://photo-assets.superyachttimes.com/photo/376713/image/large-b35293334a67d3a953dfca94ba0b0af3.jpg" data-gid="gid://syiq/Photo/376713"><a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> can comfortably accommodate up to six guests across a three stateroom configuration on the lower deck, consisting of a full-beam master suite at her stern, alongside a double and a twin stateroom. She can also sleep a crew of three.&nbsp;According to <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> embodies the shipyard’s ‘Tomorrow's Timeless’ philosophy, uniting enduring design, master craftsmanship and purposeful innovation. Additionally, the first five units have already been sold ahead of the yacht’s launch.<img src="https://photo-assets.superyachttimes.com/photo/375559/image/large-2c997b394aee037305155cbfcc8fb688.jpg" data-gid="gid://syiq/Photo/375559">In terms of performance, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> is equipped with advanced technology, including the introduction of <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>’s IPS Hybrid propulsion system. SHE will make her world première at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a> from 8 to 13 September 2026.“Echoing the elegance and balance of the classic navetta through contemporary design and cutting-edge technologies, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> embodies our belief that true luxury is not measured by trends, but by its ability to endure and remain relevant over time. This is the essence of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>,” concluded Perotti.

SHE: First hybrid Sanlorenzo Heritage yacht launched

Sanlorenzo has announced the launch of the first unit in its new Sanlorenzo Heritage series, SHE from Ameglia, Italy. 

First 26m hybrid Sanlorenzo Heritage yacht SHE launched 

<a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">US Informa</a> has appointed Cristina Fonzar as its primary representative in Italy and Business Development Manager. The company is part of <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa Markets</a> and organiser of several international yachting exhibitions including the Fort Lauderdale, Palm Beach and Miami Boat Shows.<img src="https://photo-assets.superyachttimes.com/photo/399730/image/large-6f05c3fb8f4e44cd68f0437e2fb01c8b.png" data-gid="gid://syiq/Photo/399730">According to President of US Boat Shows for <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa Markets</a> Andrew Doole, the appointment is aimed at strengthening relationships with Italian clients and supporting companies seeking to expand their presence in the US market. Moreover, the move reflects the company's focus on providing more localised support to European companies seeking international growth opportunities.An experienced figure within the superyacht industry, Cristina brings extensive expertise in marketing, communications and brand strategy. Her career includes senior roles with yacht builders and luxury companies, as well as advisory work with organisations across the wider superyacht sector.In her new role, Cristina will act as a dedicated point of contact for Italian shipyards, manufacturers, suppliers, designers, architects, brokers, associations, media and luxury brands. She will support existing exhibitors and help new companies navigate opportunities within Informa’s global boat show portfolio as they seek to expand into the US market."Cristina’s long-standing expertise, extensive network and strategic vision will be key to strengthening client relationships and fostering high-value, win-win business opportunities across our international platforms,” concluded Andrew.

US Informa appoints Cristina Fonzar Italy Representative

US Informa has appointed Cristina Fonzar as its primary representative in Italy and Business Development Manager.

US Informa names Cristina Fonzar to lead Italian business development

<a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> has announced the sale of a new-build 79.8-metre <a data-gid="gid://syiq/Yacht/16978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels 800779.8m (261'10&quot;)Amels2029">Amels 80</a> superyacht with <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> and <a data-gid="gid://syiq/Company/8925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bjorn International Brokerage (Company)">Bjorn International Brokerage</a> representing the first-time owner. <img src="https://photo-assets.superyachttimes.com/photo/222029/image/large-0499c8fe4b686fa77a352b56bacca840.png" data-gid="gid://syiq/Photo/222029">With delivery scheduled for Spring 2029, the <a data-gid="gid://syiq/Yacht/16978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels 800779.8m (261'10&quot;)Amels2029">Amels 80</a> yacht will join sisterships <a data-gid="gid://syiq/Yacht/12032" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pangea79.8m (261'10&quot;)Amels2025">Pangea</a>, <a data-gid="gid://syiq/Yacht/12033" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Netto II79.8m (261'10&quot;)Amels2026">Netto II</a> and <a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a> once launched. “As the owner's first yacht, the choice of shipyard carried real significance,” explained Nick Gelevert, CEO &amp; Founder of <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a>.“We took the time to assess the right build partner carefully, and the Amels 80 clearly stood apart.” Constructed with a steel hull and aluminium superstructure, the Amels 80 yacht features exterior design by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>, with naval architecture by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>.“What convinced us was the combination of a proven build philosophy, a clear delivery programme, and the calibre of experience you expect from a leading Dutch yard,” added Kasper Jakobsen, owner of <a data-gid="gid://syiq/Company/8925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bjorn International Brokerage (Company)">Bjorn International Brokerage</a>.With an interior volume of 2,175 GT, the <a data-gid="gid://syiq/Yacht/16978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels 800779.8m (261'10&quot;)Amels2029">Amels 80</a> yacht can accommodate up to 14 guests, as well as 20 crew, including the captain, with interior design penned by <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>.&nbsp;“This sale reflects the continued strength of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 and the Limited Editions approach, offering clients certainty in process and delivery while allowing them to make the yacht their own,” concluded Jan van Hogerwou, Commercial Executive USA at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>.&nbsp;According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> has three Amels 80 yachts in operation, including the <a data-gid="gid://syiq/Article/66531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels 80 yacht Project Zurich delivered and named Germaine (2026-07-09 16:45:00 +0200)">recently delivered Germaine</a>, with an additional four hulls now currently in-build.&nbsp;

Amels 80: New-build yacht sold

Damen Yachting has announced the sale of a new-build Amels 80 yacht to a first-time owner.

New-build Amels 80 yacht sold to first-time owner

The 29.8-metre Sunseeker motor yacht <a data-gid="gid://syiq/Yacht/7482" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emrys 29.8m (97'9&quot;)Sunseeker2010">Emrys</a> has been sold, with Daniel Cousins of <a data-gid="gid://syiq/Company/8605" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prime Yachts (Company)">Prime Yachts</a> representing the buyer, and Jarrett Hiebert 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> together with Kent Chamberlain of <a data-gid="gid://syiq/Company/659" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chamberlain Yachts (Company)">Chamberlain Yachts</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/62573/image/large-aa92c4b1ecbdddc2c6e38b2cd6cbc056.jpg" data-gid="gid://syiq/Photo/62573">Delivered in 2010, <a data-gid="gid://syiq/Yacht/7482" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emrys 29.8m (97'9&quot;)Sunseeker2010">Emrys</a> is a <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 30M featuring exterior and interior design penned in-house by her builder. Her naval architecture was developed by <a data-gid="gid://syiq/Company/353" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Don Shead Yacht Design (Company)">Don Shead Yacht Design</a>.Constructed with a GRP hull and superstructure, the flybridge yacht has a beam of 6.91-metres and an interior volume of 113 GT. On the outside, <a data-gid="gid://syiq/Yacht/7482" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emrys 29.8m (97'9&quot;)Sunseeker2010">Emrys</a> offers generous spaces for outdoor relaxation, including a deck Jacuzzi.Accommodation onboard is arranged for up to eight guests across four staterooms, including a master suite, VIP stateroom, double stateroom and twin stateroom. Dedicated quarters are available for a crew of four, including the captain.In terms of performance, <a data-gid="gid://syiq/Yacht/7482" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emrys 29.8m (97'9&quot;)Sunseeker2010">Emrys</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 25 knots and a top speed of 28 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/7482" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emrys 29.8m (97'9&quot;)Sunseeker2010">Emrys</a> had a last known asking price of $2,250,000. Image courtesy of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.

30m Sunseeker motor yacht Emrys sold

The 30m Sunseeker motor yacht Emrys has been sold with a last known asking price of $2,250,000. 

The 34.36-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Oasis motor yacht <a data-gid="gid://syiq/Yacht/13357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aitana34.36m (112'9&quot;)Benetti SpA2026">Aitana</a> has been delivered by <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a>. The yacht will join the company's charter fleet and is set to make her charter debut in the West Mediterranean, with bookings available from September.<img src="https://photo-assets.superyachttimes.com/photo/198028/image/large-4e9b37238b4ae3cc2b3abad1922f4c20.jpg" data-gid="gid://syiq/Photo/198028">Her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, while the exterior styling is the work of <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. Inside, <a data-gid="gid://syiq/Yacht/13357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aitana34.36m (112'9&quot;)Benetti SpA2026">Aitana</a> features an open-plan layout with expansive glazing that fills the <a data-gid="gid://syiq/Company/5263" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bonetti / Kozerski architecture DPC (Company)">Bonetti/Kozerski</a>-designed interiors with natural light.With an internal volume of 269 GT, <a data-gid="gid://syiq/Yacht/13357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aitana34.36m (112'9&quot;)Benetti SpA2026">Aitana</a> accommodates up to 11 guests across five well-appointed staterooms. The layout includes a full-beam master suite and two convertible guest cabins, while a crew of seven ensures a seamless onboard experience.Like other yachts in the <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Oasis series, <a data-gid="gid://syiq/Yacht/13357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aitana34.36m (112'9&quot;)Benetti SpA2026">Aitana</a> is equipped with the signature Oasis Deck, featuring fold-out sea terraces and a glass-fronted infinity pool that together create a 270-degree beach club with uninterrupted sea views. A versatile Sea Lift platform provides easy access to the water and can be used as a swim platform, diving board or Jet Ski launch.Enhancing her appeal on the charter market, <a data-gid="gid://syiq/Yacht/13357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aitana34.36m (112'9&quot;)Benetti SpA2026">Aitana</a> offers a selection of water toys, including a <a data-gid="gid://syiq/Company/4209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seadoo Proshop (Company)">Sea-Doo</a> Spark Waverunner, two <a data-gid="gid://syiq/Company/3030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cayago AG / Seabob (Company)">Seabobs</a>, two kayaks and a 42-foot Anvera towed tender for guest transfers and excursions.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/13357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aitana34.36m (112'9&quot;)Benetti SpA2026">Aitana</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 145 knots and a top speed of 16 knots.

Benetti yacht Aitana delivered

The 34.36-metre Benetti Oasis motor yacht Aitana has been delivered by FGI Yacht Group.

34m Benetti motor yacht Aitana delivered

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> has delivered the 50-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> semi-custom superyacht <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> following the completion of her sea trials earlier this year. <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> is the first of four <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 yachts, with the other units currently in-build.<img src="https://photo-assets.superyachttimes.com/photo/399727/image/large-45678aae56c29eba11394cc321dcb400.jpg" data-gid="gid://syiq/Photo/399727">As the first hull of the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 series, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> was first announced in September 2022 when <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> unveiled the Project Panorama concept where the yacht was revealed to be built in steel with an aluminium superstructure. In the third quarter of 2022, <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> had sold two of its Project Panorama superyachts, including <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> and the second hull of the series. <a data-gid="gid://syiq/Company/5144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Smart Yachts (Company)">Smart Yachts</a> represented the buyer throughout the project, commenting: "From the very first drawings to delivery, we were closely involved every step of the way — following construction, coordinating with the shipyard, and making sure every detail reflected the owner's vision, from layout and ergonomics to the smallest finishes."Construction began later that year with the <a data-gid="gid://syiq/Article/56653" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral lays keel of first Panorama 50 superyacht (2022-12-28 10:15:00 +0100)">keel laying in December 2022</a>, before the yacht entered <a data-gid="gid://syiq/Article/59576" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First 50m Admiral semi-custom superyacht Panorama moves to outfitting (2024-01-25 11:30:00 +0100)">outfitting at the Marina di Carrara shipyard</a> in Italy in early 2024. She was subsequently launched in December 2025.Read more:&nbsp;<a data-gid="gid://syiq/Article/64891" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Admiral Yachts Panorama series motor yacht Spribe launched (2025-12-02 15:00:00 +0100)">50m Admiral Yachts Panorama series motor yacht Spribe launched</a><img src="https://photo-assets.superyachttimes.com/photo/395087/image/large-5929c8d246a7f987f769a1efb35737f0.jpg" data-gid="gid://syiq/Photo/395087">“The delivery of the first <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 marks a further evolution of the semi-custom segment,” explained Gianmaria Costantino, Chief Commercial Officer of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. “With this new line, <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> interprets the expectations of today’s owners through a yacht that combines an exceptional level of customisation, and the timeless elegance of Italian yacht-building tradition.”Designed inside and out by <a data-gid="gid://syiq/Company/6288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Piredda & Partners (Company)">Piredda &amp; Partners</a>, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> features naval architecture developed in-house by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. Constructed with a steel hull and aluminium superstructure, the yacht has a beam of 8.9-metres, a draft of 2.7 metres, and an interior volume remaining under the 500 GT threshold.The first hull in the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 series has been designed with an open layout where her interior and exterior areas flow into each other. In terms of outdoor living, she features a beach club fitted with a transparent-walled swimming pool flanked by folding balconies, broadening the range of waterside activities guests can enjoy.<img src="https://photo-assets.superyachttimes.com/photo/379896/image/large-8cbfa049272e685ed4d8eaecbbe381b3.jpg" data-gid="gid://syiq/Photo/379896">Stepping inside, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> embraces a contemporary interior design, where sandy beige tones are married to honey-coloured woods, and sweeping glazing that floods her living spaces with natural light. Further enriched by touches of navy blue and gold alongside sculptural details, her main saloon exudes a sense of calm and elegance.At an interior volume of 499 GT, accommodation onboard is arranged across seven staterooms. Her configuration comprises an owner's suite on the upper deck that benefits from 180-degree views and a private forward terrace, while an additional four guest staterooms are situated on the main deck, alongside her main saloon.Fold-down bulwarks on the aft section of the main deck significantly expand the usable exterior space, transforming the area into a highly versatile environment that can be adapted to the preferences of the owner and guests.<img src="https://photo-assets.superyachttimes.com/photo/399726/image/large-faf6525e3462a84758578e14608e89b1.jpg" data-gid="gid://syiq/Photo/399726">The lower deck of <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a> includes a corridor which passes through the engine room to reach two aft guest staterooms; a solution typically found on larger yachts, enabling a more efficient use of the available interior volume.In terms of propulsion, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</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, propelling her to a top speed of 15 knots. She is ready to embark on her maiden Mediterranean season, before her official debut at the <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show 2026</a>.

Spribe: First 50m Admiral Panorama yacht delivered

TISG has delivered the 50m Admiral superyacht Spribe, the first hull in the Admiral Panorama 50 series, following her sea trials.

First 50m Admiral Panorama superyacht Spribe delivered

The 45-metre <a data-gid="gid://syiq/Company/1444" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Toughs Shipyard (Company)">Toughs Shipyard</a> superyacht <a data-gid="gid://syiq/Yacht/2546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wilamina45.0m (147'8&quot;)Toughs Shipyard1987">Wilamina</a> has been sold, with Flavio Domenici of <a data-gid="gid://syiq/Company/5658" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dome Yachts Italy Srl (Company)">Dome Yachts Italy</a> introducing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/399729/image/large-ff8ee746358f36dc158716815c59189b.jpeg" data-gid="gid://syiq/Photo/399729">Originally launched as Brave Goose in 1987, she benefitted from a complete rebuild in 2000. She features naval architecture penned by <a data-gid="gid://syiq/Company/1445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alan Deane (Company)">Alan Deane</a>, with exterior design created by <a data-gid="gid://syiq/Company/1446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="James Scallon (Company)">James Scallon</a>. Inside, she showcases a country style interior designed by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>.Moreover, <a data-gid="gid://syiq/Yacht/2546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wilamina45.0m (147'8&quot;)Toughs Shipyard1987">Wilamina</a> can sleep up to 10 guests across five staterooms. Her layout comprises a full-beam master suite on the main deck. To complete the accommodation, four ensuite guest suites are located amidships on the lower deck.On her sundeck, guests can relax on the sunpads. Meanwhile, a dining and lounging space is available on the generous bridge deck.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/2546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wilamina45.0m (147'8&quot;)Toughs Shipyard1987">Wilamina</a> is propelled by twin <a data-gid="gid://syiq/Company/2607" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kelvin Diesels (Company)">Kelvin Diesels</a> engines, providing her with a comfortable cruising speed of 11 knots and a top speed of 13 knots.<a data-gid="gid://syiq/Yacht/2546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wilamina45.0m (147'8&quot;)Toughs Shipyard1987">Wilamina</a> had a last known asking price of €2,499,000 at the time of her sale.

Toughs Shipyard yacht Wilamina sold

The 45-metre Toughs Shipyard superyacht Wilamina has been sold.

45m superyacht Wilamina sold

<a data-gid="gid://syiq/Company/71" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tony Castro (Company)">Tony Castro Yacht Design</a> has unveiled the 68-metre sail-assisted motor yacht concept Samy, developed around an integrated propulsion system. The overall result is designed to reduce fuel consumption, while maintaining the comfort and volume of a standard motor yacht.<img src="https://photo-assets.superyachttimes.com/photo/399580/image/large-adb2289392555d842e3918aad74a060f.jpg" data-gid="gid://syiq/Photo/399580">According to <a data-gid="gid://syiq/Company/71" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tony Castro (Company)">Tony Castro</a>, Samy, the ‘Sail-Assisted Motor Yacht’, has been created around "the most economical, intelligent propulsion solution" for a yacht intended to spend extended periods at sea.The 68-metre concept is centred around a system of inflatable sails and retractable masts, intended to preserve the yacht's exterior aesthetic while reducing windage, improving safety and minimising deck equipment.&nbsp;Her superstructure has been engineered to house booms capable of full 360-degree rotation. Moreover, rather than the rig being an added layer over a finished hull, the hull was drawn around the rig, resulting in a single integrated design.<img src="https://photo-assets.superyachttimes.com/photo/399582/image/large-d8226cf8ece3276b81e996b545112ec7.jpg" data-gid="gid://syiq/Photo/399582">According to the studio, the integrated sail-assist system enables Samy to complete long-distance passages using significantly less fuel than a conventional motor yacht. For a typical Mediterranean-to-Caribbean round trip, fuel savings are estimated at approximately 33,000 litres.&nbsp;As well as this, solar energy capture and modern windmills have also been incorporated into her superstructure, forming “a coherent energy architecture across the whole platform.” <img src="https://photo-assets.superyachttimes.com/photo/399581/image/large-8487be49110570ec02b3d4f684f85dec.jpg" data-gid="gid://syiq/Photo/399581" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">As for outdoor living, the aft deck swimming pool on Samy serves as the exterior's centerpiece, complemented by generous lounge areas, alfresco dining, a Jacuzzi, and a fold-down beach club with direct water access.Stepping inside, the concept is designed to offer the interior volume and comfort of a motor yacht, despite its sail-assisted configuration. By integrating the propulsion system into the yacht's architecture, guest spaces remain spacious and uninterrupted while maintaining clean exterior lines.

 Tony Castro unveils 68m sail-assisted motor yacht concept Samy 

Tony Castro Yacht Design has unveiled the 68m sail-assisted motor yacht concept Samy, designed to reduce fuel consumption on long-range voyages.
