When superyacht owner John Rosatti sold his 49 metre yacht Remember When, he found himself facing a very big problem. He had grown so used to the yachting lifestyle and sense of freedom associated with spending time on board, that, as he puts it, “had gone into a deep depression, especially over the weekend” while having to live without a yacht. Naturally, the only solution was to buy a bigger boat. And so the Double Down story begins. We join him on his newly acquired 65 metre Codecasa superyacht that is tied up in Miami, to find out how he mixes business with yachting.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/162522/image/large-289efe934aafd36ad253b3377384f7e5.jpeg" data-gid="gid://syiq/Photo/162522">What made you decide to buy Double Down?Well, I wanted to go bigger than 162 feet (Remember When). I viewed numerous other yachts; Benetti’s, CRN’s, Oceanco’s. We had a look at about ten or fifteen boats in total. She has been kept very private since her launch, and her previous owners very rarely used the boat, which we later found is not entirely a good thing; non-use is as damaging as over-use when it comes to these machines. You have recently completed an intensive maintenance period on the yacht in Fort Pierce. What exactly was changed on board?The yacht was in Imperia when I acquired her, so we used her around the Mediterranean for a couple of weeks. This gave me time to decide what I liked and what I didn’t like. The previous owner was of Asian descent, who decorated the interior using a lot of floral themes, silks, greens and other shades that weren’t to my taste, so I knew I would have all that changed. The boat cruised to Fort Pierce in Florida where Taylor Marine tented the yacht and had the entire outboard surface, from the waterline up, re-sprayed in six weeks; which is unheard of. A lot of work has also gone into the engineering side of the vessel.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/162523/image/large-1f0086164fe671f3747be37e3f5f5e56.jpg" data-gid="gid://syiq/Photo/162523">Why take the yacht to an unknown facility, instead of a refit hub such as Fort Lauderdale?The yacht just came off a five-year survey during which the entire bottom was done. The dockage in Fort Pierce was very reasonable, and the location allowed me to do all the work myself, together with Taylor Lane Marine. They have a yard in Fort Lauderdale from where people came to do the work on the yacht in Fort Pierce and I ended up doing it a lot more economically than if I had done it in Fort Lauderdale or Miami.Since then we are now thinking of buying the property. The site comprises of about 90 acres with a port where they have a number of 300 foot slips where cargo ships used to come in. We made them an offer to buy the property where we would open up a shipyard and a marina. Boating aside, it’s a good property deal. We see it as a five-year plan where we can develop the area and construct hotels.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/162524/image/large-d6aae8eb9b8ad42d72f2e6d5b4aa868d.jpg" data-gid="gid://syiq/Photo/162524">How do you plan on using the yacht over the next year?I have always kept my yachts private, but this one will be the first of them that will be available for charter. Only for a couple of weeks though, five or six maybe, and I will be using her in between charters. I think it’s good to keep the crew going, it keeps them sharp, and it’s good for the boat as well. Before the end of the summer we will do a couple of trips to the Bahamas, and then I want to take her up to New York in June to spend some time there before heading over to the Mediterranean.  Is the boat a big part of your family life?Yes, it is. Primarily I see it as my office, but it’s also the place where my family and I come together. We always enjoy our time spent on board.  Have you considered building a new yacht again?I didn’t want to wait that long. I may build a new boat now that I have Double Down, but I just couldn’t wait three years to have my own one again. The full interview with John Rosatti is featured in the latest edition of the SuperYacht Times newspaper. Subscribe <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" target="_blank">here</a> and never miss another issue.  <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" target="_blank"><img alt="[no-lb]" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/162525/image/large-0c7c4993d214e36b40942e8cdbbdc338.jpg" data-gid="gid://syiq/Photo/161506"></a>

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Insight: Leading the Double Life with John Rosatti

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

<a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group’s</a> 28-metre foiling yacht, <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>, will be built at the company’s new Abu Dhabi headquarters and manufacturing facility. The expansion has been announced alongside a $20 million investment in advanced production technology.<img src="https://photo-assets.superyachttimes.com/photo/378710/image/large-1fe37a7ffb6584ffd857ab156ba7776b.jpg" data-gid="gid://syiq/Photo/378710">The UAE-based manufacturer said the waterfront site will strengthen its ability to test and manufacture next-generation products, including <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>. She was unveiled at the Abu Dhabi International Boat Show last year and is scheduled for launch in 2029.Read: <a data-gid="gid://syiq/Article/64805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler unveils 28m foiling yacht concept Ghost (2025-11-20 14:30:00 +0100)">Foiler unveils 28m foiling yacht concept Ghost</a>Located along 200 metres of waterfront, the new complex will be equipped with high-precision robots, gantry systems, micron-accuracy machines, and metal 3D-printing technology, supporting <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata's</a> expansion into advanced marine, aerospace, and industrial manufacturing.<img src="https://photo-assets.superyachttimes.com/photo/378707/image/large-265679a4fb63b863fa0c56522f57ed7a.jpg" data-gid="gid://syiq/Photo/378707">The move follows the company’s strategic partnership with Ajyal Holding. <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group</a> CEO Aloïs Vieujot commented on the expansion: "We are very proud to be moving our headquarters to Abu Dhabi. This move will expand our capabilities and capacity, and reinforces our commitment to the UAE. It also reflects the resilience of the Emirates, demonstrated time and again.”One of the key features of the 100,000-square-metre complex will be dry dock and refit capabilities for yachts of up to 60-metres, alongside facilities for other vessel types. More than 20,000-square-metres will be dedicated to marine production.<img src="https://photo-assets.superyachttimes.com/photo/378709/image/large-fdd71e2c0e5a46f9e357291dae6c5c09.jpg" data-gid="gid://syiq/Photo/378709">Moreover, the site will also house <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> engineering and R&amp;D facilities, as well as dedicated areas for composite manufacturing, machinery, aerospace production, automotive production, and a guest experience centre. An academy and dedicated incubator space also aims to support the UAE's industrial growth and innovation across <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> core sectors.<img src="https://photo-assets.superyachttimes.com/photo/378706/image/large-900c80410be97019a0d30f4cc2d14b86.jpg" data-gid="gid://syiq/Photo/378706">“We will place strong emphasis on innovation and partnerships through our incubator and academy, which will open within the new site to accelerate growth in the aerospace and marine industries," Aloïs concluded.Construction of the complex is scheduled to begin in summer 2026, with completion expected in 2027.

Enata new Abu Dhabi complex

Enata Group's 28-metre foiling yacht, Ghost, will be built at the company's new Abu Dhabi headquarters and manufacturing facility.


28m foiling yacht Ghost to be built in Enata’s new Abu Dhabi facility

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. <img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">Last month, Czech investor KKCG Maritime submitted a request to the Italian government following Chinese shareholder Weichai Group’s decision to end CEO Alberto Galassi's 12-year tenure and replace him with Stassi Anastassov during the company’s Annual General Meeting held on 15 May 2026.Read more: <a data-gid="gid://syiq/Article/66099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions (2026-05-15 16:30:00 +0200)">Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions</a><img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. “The problem is not a fact-based problem,” explained Stassi Anastassov during a press briefing in Milan.“Nothing has really changed. I am as independent as the previous CEO was. I am totally happy if there is an investigation because there is nothing and we would support any fact-finding.”The Board of Directors appointed Anastassov, alongside Tan Ning as Chairman of the Board, Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer as minority shareholder representing Azùr a.s.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.Anastassov said the company has decided to shut down its small defence business in ⁠2024 on the basis of a unanimous decision of the previous board. “We are not actively selling anything sensitive today and there is no order intake.”

Ferretti Group denies breaching Italy’s golden power rules

Ferretti Group has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. 

Ferretti Group denies allegations of breaching Italy’s golden power rules

The United States District Court for the Southern District of Florida has dismissed the entire complaint brought by Export Yacht Sales (Brill Maritime), which alleged that Boats Group illegally monopolised the US online boat-listing market through YachtWorld, Boat Trader and boats.com.<img src="https://photo-assets.superyachttimes.com/photo/355047/image/large-0bd8f332392990f5a08cac6ea37b81d1.jpg" data-gid="gid://syiq/Photo/355047">The lawsuit was filed on 14 August 2025, with Brill Maritime alleging that Boats Group controlled approximately 75 percent of the market for listing and marketing recreational boats and used subscription agreements that either bar or discourage brokers and dealers from listing vessels on rival platforms.Read more: <a data-gid="gid://syiq/Article/64073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="US boat dealers bring antitrust class action against Boats Group (2025-08-21 13:00:00 +0200)">US boat dealers bring antitrust class action against Boats Group</a><img src="https://photo-assets.superyachttimes.com/photo/355053/image/large-d4b378b0bbe9bf56a1926a2d570b4fd5.jpg" data-gid="gid://syiq/Photo/355053">According to Brill Maritime, competing platforms had been unable to achieve the scale or inventory to grow their services effectively, leaving brokers and dealers with limited options.The court found that Brill Maritime had plausibly alleged that the relevant market could be defined as an online boat listing and marketing service in the United States and that Boat Group may possess monopoly power in that market.&nbsp;Brill Maritime also alleged that Boat’s Group claimed 75 percent of the global share, reasonably supporting an inference that it has a dominant position in the US market. As a result of this, the judge did not dismiss the case because Boats Group lacks market power.However, the judge said that Brill Maritime had failed to show that Boats Group engaged in illegal anticompetitive conduct and under US antitrust law, being a monopoly is not illegal by itself.The court repeatedly emphasised that monopoly power is legal, but using that power through anticompetitive behaviour to exclude rivals is illegal.&nbsp;The judge found that Brill Maritime’s three main allegations were insufficient including that Boats Group became dominant by acquiring competitors such as YachtWorld.com, boats.com and YachtCloser.com.The judge said that acquiring competitors is not necessarily illegal and that Brill Maritime had not explained how these acquisitions had harmed competition. The complaint had described the acquisitions as “strategic” suggesting it was more of a successful business move than illegal conduct. The judge explained that Brill Maritime had shown that Boats Group bought competitors, but not that these acquisitions were unlawful. <img src="https://photo-assets.superyachttimes.com/photo/355039/image/large-513a0ee840e10e5371f647093bba58d9.jpg" data-gid="gid://syiq/Photo/355039">Brill Maritime also claimed that Boats Group's subscription agreements stoped brokers from listing boats elsewhere. The judge examined the contract language and concluded that the provision merely prevented brokers from implying that a YachtWorld or Boats Group listing originated somewhere else. He therefore concluded that you can advertise on YachtWorld and on other sites and the contract simply prevented you from pretending a Boats Group listing came from another platform, meaning the clause is not an exclusive dealing arrangement.Finally, Brill Maritime argued that Boats Group had dramatically increased its prices. The judge responded that high prices alone are not an antitrust violation. The court cited multiple precedents saying a legal monopolist is generally allowed to charge whatever prices it wants. To prove monopolisation, Brill Maritime needed to show that the higher prices resulted from illegal exclusionary conduct.In conclusion, the judge accepted that Boats Group may hold monopoly power in the US online boat-listing market, but ruled that the plaintiffs failed to show that Boats Group acquired or maintained that position through illegal anticompetitive conduct.United States District Judge, Roy K. Altman dismissed the complaint without prejudice, meaning the plaintiff is able to resubmit an amended complaint, with a deadline of 30 June 2026.&nbsp;The lawsuit also contained claims under Florida law, with the federal court declining to hear the state claims as the federal antitrust claims were dismissed. These were also dismissed without prejudice, allowing for them to also be refiled.&nbsp;SuperYacht Times will continue to follow this story and will provide updates where necessary.

US court dismisses antitrust lawsuit against Boats Group

The US District Court for the Southern District of Florida has dismissed the antitrust lawsuit brought by Export Yacht Sales against Boats Group.

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has denied rumours that they had a possible interest in acquiring <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>.<img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">According to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, press articles had reported that they were in negotiations with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to acquire the entire share capital or the main assets. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> clarified that at present no negotiations to that effect are underway with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> or its shareholders.“At the same time, as a leading player in the Italian yachting industry and in line with its external growth strategy, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> continuously evaluates and assesses potential opportunities that may arise in the market,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> closed their statement by confirming that if they were to proceed with any transactions, it would inform the market in compliance with terms and conditions required by law.In February 2026, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that Chairman Filippo Menchelli and Vice Chairman Marco Carniani had resigned, with Giovanni Costantino elected as Chairman of the Board of Directors.The following week, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> launched a forensic investigation into internal overspending and financial irregularities. KPMG was appointed to conduct an independent forensic due diligence review, as a result of the actions made possible by a group of individuals within <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.&nbsp;Since then, the Court of Florence has granted protective measures restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction. Last week, these measures were partially lifted for five shipowners.Read more: <a data-gid="gid://syiq/Article/66308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florence court lifts protective measures for five The Italian Sea Group yacht contracts (2026-06-11 10:00:00 +0200)">Florence court lifts protective measures for five The Italian Sea Group yacht contracts</a>The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is not the only company that has denied acquisition rumours for TISG. In March 2026, German yacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> told SuperYacht Times that <a data-gid="gid://syiq/Article/65574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen not considering acquiring The Italian Sea Group (2026-03-09 14:00:00 +0100)">the company had not considered acquiring TISG</a>.&nbsp;

Ferretti Group denies The Italian Sea Group acquisition rumours

Italian yacht builder Ferretti Group has denied rumours that they had a possible interest in acquiring The Italian Sea Group (TISG).

The fourth hull of 32.25-metre <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> motor yacht <a data-gid="gid://syiq/Yacht/16744" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Majesty 100 Terrace/0432.25m (105'10&quot;)Gulf Craft 2026">Majesty 100 Terrace</a> has been sold, with Andrea Gallazzi of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/327085/image/large-047642a0c8fd81870d3f90436b1a3725.jpg" data-gid="gid://syiq/Photo/327085">Scheduled for delivery in spring 2027, the motor yacht forms part of <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>'s Majesty 100 Terrace series. She features exterior design by <a data-gid="gid://syiq/Company/5530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phathom Studio (Company)">Phathom Studio</a>, while her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>.In terms of outdoor living, each of her decks has been designed with socialising in mind. She boasts an expanded entertainment space, alongside a sundeck complete with a Jacuzzi, sunpads, skylights, and alfresco dining areas, ideal for a relaxing time while cruising.Inside, expansive glass skylights and floor-to-ceiling windows let in abundant natural light throughout her interior, allowing effortless indoor-outdoor flow.Spanning 199 GT, accommodation onboard is arranged for up to 10 guests across a five-stateroom configuration. This includes an owner's suite complete with a private terrace and 270-degree views, while further guest accommodation is situated on the lower deck. Dedicated quarters sleep up to a crew of six, including her captain.Constructed with a GRP hull and superstructure, the <a data-gid="gid://syiq/Yacht/16744" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Majesty 100 Terrace/0432.25m (105'10&quot;)Gulf Craft 2026">Majesty 100 Terrace</a> yacht has a beam of 7.2-metres and a draft of 1.87-metres. In terms of propulsion, the Majesty 100 Terrace is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines.At the time of her sale, the <a data-gid="gid://syiq/Yacht/16744" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Majesty 100 Terrace/0432.25m (105'10&quot;)Gulf Craft 2026">fourth hull of the Majesty 100 Terrace</a> had a last known asking price of €10,500,000. Image courtesy of&nbsp;<a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>.

Fourth 32m Gulf Craft motor yacht Majesty 100 Terrace sold

The 32m Gulf Craft motor yacht Majesty 100 Terrace has been sold with a last known asking price of €10,500,000.

The 99.9-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/6409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonrise99.9m (327'9&quot;)Feadship2020">Moonrise</a> sold in a deal with Bruce Brakenhoff of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> introducing the buyer and Henry Craven-Smith of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/382130/image/large-56b785efc9986629c1e6fc345287e446.jpg" data-gid="gid://syiq/Photo/382130">Delivered in 2020, the award-winning yacht features exterior design by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a> and <a data-gid="gid://syiq/Company/533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rémi Tessier (Company)">Rémi Tessier</a>, the latter of which were responsible for her interior, alongside naval architecture by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>.<a data-gid="gid://syiq/Yacht/6409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonrise99.9m (327'9&quot;)Feadship2020">Moonrise</a> boasts a steel hull and aluminium superstructure, complemented by a striking vertical bow and expansive hull windows. She showcases a refined, yet inviting interior design, with a sophisticated neutral colour palette and matching soft furnishings.With 3,945 GT of internal volume, <a data-gid="gid://syiq/Yacht/6409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonrise99.9m (327'9&quot;)Feadship2020">Moonrise</a> can comfortably accommodate up to 16 guests across an eight stateroom configuration, as well as a crew of 32. Her 15.5-metre beam allows for plenty of space onboard, with accommodation consisting of six double and two twin staterooms.Key features onboard <a data-gid="gid://syiq/Yacht/6409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonrise99.9m (327'9&quot;)Feadship2020">Moonrise</a> include a helipad, expansive beach club and wellness facilities, while her large exterior decks have been configured to accommodate a range of activities from entertainment to relaxation.In terms of performance, <a data-gid="gid://syiq/Yacht/6409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonrise99.9m (327'9&quot;)Feadship2020">Moonrise</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, providing her with a top speed of 18.5 knots and a long range of 6,000 nautical miles. At the time of her sale, <a data-gid="gid://syiq/Yacht/6409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonrise99.9m (327'9&quot;)Feadship2020">Moonrise</a> had a last known asking price of €325,000,000.&nbsp;

Moonrise: 100m Feadship superyacht sold

The 99.9-metre Feadship superyacht Moonrise sold with a last known asking price of €325,000,000. 

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100m Feadship superyacht Moonrise sold

Dutch yacht brand <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> has officially launched during its inaugural Seaver Gallery event at Resort Oesterdam in the Netherlands. The launch marked the brand's public debut through an immersive exhibition, showcasing its new yacht range which spans up to 30 metres.<img src="https://photo-assets.superyachttimes.com/photo/399076/image/large-8015bad8b3d2b2f69aa019d7091e032e.jpeg" data-gid="gid://syiq/Photo/399076">Experienced yacht owners Simon Schilder and Mike Verweij joined forces with designer <a data-gid="gid://syiq/Company/4789" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernd Weel Design (Company)">Bernd Weel</a> and project lead Julian van Santen to relaunch <a data-gid="gid://syiq/Company/4789" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernd Weel Design (Company)">Weel</a>’s original yacht designs under the new brand, Seaver. Furthemore, the brand offers a new ownership model in which <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> acts as a partner, supporting clients from concept through construction, delivery, and an exclusive ownership collective.<img src="https://photo-assets.superyachttimes.com/photo/399074/image/large-3c4fb8592255aa194c68adab67bc7b0d.jpeg" data-gid="gid://syiq/Photo/399074">Akin to the brand’s unique approach, <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> departed from the traditional yacht launch. Invited guests were introduced to the brand through a gallery-style experience exploring <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a>'s Azure and Nordic model lines before touring the fleet moored nearby. The event also showcased works by Dutch artist Arno Hoogland, highlighting the company's vision of fusing yacht design, architecture, art and lifestyle.<img src="https://photo-assets.superyachttimes.com/photo/399073/image/large-e8074e13e2784a3cdb68aa14aacd8505.jpg" data-gid="gid://syiq/Photo/399073"><a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a>'s initial line-up comprises five yachts ranging from 20 to 30 metres across two distinct series: the Nordic C5 and 80, alongside the Azure C5, 80 and S5. According to the company, the three demonstration models are already sailing and available for viewings. Future yachts are ready to be built at Dutch shipyard <a data-gid="gid://syiq/Company/5951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Altena Yachting (Company)">Altena Yachting</a>.<img src="https://photo-assets.superyachttimes.com/photo/399071/image/large-12a9159e43c09cfa5c9a6417a913c0cd.jpg" data-gid="gid://syiq/Photo/399071" 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;"> Read:&nbsp;<a data-gid="gid://syiq/Article/66040" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New Seaver yacht range by Bernd Weel launched with unique ownership model (2026-05-08 13:45:00 +0200)">New Seaver yacht range by Bernd Weel launched with unique ownership model</a>The Nordic range has been developed for colder climates and long-distance cruising, which features extensive glazing, generous headroom and a large retractable sunroof designed to create a villa-like atmosphere onboard. Meanwhile, the Azure range has been conceived for Mediterranean cruising, prioritising outdoor living with expansive flybridges, flexible lounge spaces and the option of a Jacuzzi on the sundeck.<img src="https://photo-assets.superyachttimes.com/photo/392842/image/large-116940c1da62e80f01acacdc1a30458b.jpg" data-gid="gid://syiq/Photo/392842">Across both ranges, <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> yachts feature lightweight aluminium fast-displacement hulls, hydraulic tender platforms and full-beam watersports garages. Accommodation is available for up to eight guests, depending on the owner’s chosen model, while layouts can be configured for either owner-operated or fully crewed use.<img src="https://photo-assets.superyachttimes.com/photo/392846/image/large-1a34bb5254a93b3b20341fa86fd949d8.jpeg" data-gid="gid://syiq/Photo/392846">Moreover, the company operates through a network of independent specialists, while owners also gain access to the My <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> Community, which offers after-sales support, exclusive events and ongoing ownership services.<img src="https://photo-assets.superyachttimes.com/photo/399070/image/large-83ae3d9f31673140e0eb89e920a488bc.jpg" data-gid="gid://syiq/Photo/399070" 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;">Commenting on the launch, Simon Schilder, Co-Founder and Advisor at <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a>, said: "We've experienced the full reality of yacht ownership: the highs, but also the moments where better support would have made all the difference. That experience is what <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> is built on."<img src="https://photo-assets.superyachttimes.com/photo/399077/image/large-61a06a12e6a149c099d6c538cf3349aa.jpeg" data-gid="gid://syiq/Photo/399077" 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;">Following its official debut, <a data-gid="gid://syiq/Company/8842" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaver Yachts (Company)">Seaver</a> is now welcoming enquiries from prospective owners interested in the collection and its ownership model.<img src="https://photo-assets.superyachttimes.com/photo/392843/image/large-e89b3019794d2ca65e2e8bc0781ef22f.jpg" data-gid="gid://syiq/Photo/392843"><img src="https://photo-assets.superyachttimes.com/photo/399069/image/large-f5e6eead8259a6a30fde3bcc553675d4.jpg" data-gid="gid://syiq/Photo/399069">

New Dutch yacht brand Seaver launches three debut models

 Dutch yacht brand Seaver has officially debuted at its inaugural Seaver Gallery event with a new yacht range and its unique ownership model.


The <a data-gid="gid://syiq/Event/346" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2026">Marine Equipment Trade Show (Metstrade)</a> has announced that visitor registration is now open for its 2026 edition. The global leisure marine trade show is set to return to RAI Amsterdam from 17 to 19 November.<img src="https://photo-assets.superyachttimes.com/photo/398841/image/large-7b3a6d14c1ce5a3907a17dc1e2aa9788.jpg" data-gid="gid://syiq/Photo/398841">The exhibition will feature more than 1,700 exhibitors across 13 halls, showcasing the latest products, technologies and services spanning propulsion systems, sustainable materials, smart connectivity and onboard electronics.This year's event introduces a redesigned floorplan, including an expanded Superyacht Zone, a relocated Marina &amp; Yard Zone and a larger Construction Materials Zone, aimed at improving navigation and creating more opportunities for business networking.<img src="https://photo-assets.superyachttimes.com/photo/398840/image/large-85a401cecafef1b1f792d36d32c66c55.jpg" data-gid="gid://syiq/Photo/398840">RAI Marine Technology Director Niels Klarenbeek commented: “The 2026 floorplan isn’t just bigger, it’s structured differently to improve visitor experience. By regrouping the Superyacht, Marina &amp; Yard and Construction Materials zones, we’re cutting the distance between visitors and the conversations that matter most to them so they can spend more time in front of new products, new exhibitors and the connections that drive business.”The 2026 content programme will also place greater emphasis on longer-format discussions, with 45-minute sessions followed by dedicated networking opportunities. Highlights include talks on nuclear propulsion for superyachts, practical implementation of environmental regulations and the impact of artificial intelligence on marine marketing.<img src="https://photo-assets.superyachttimes.com/photo/398843/image/large-6dc1f9f52e49eb7c733aae6fb9f13505.jpg" data-gid="gid://syiq/Photo/398843">Alongside the exhibition, <a data-gid="gid://syiq/Event/346" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2026">Metstrade</a> week will once again host industry events including The Superyacht Forum, which takes place from 16 to 17 November under the theme Accelerate the Evolution.Registration is free until 1 November 2026, after which an online fee of €90 (excluding VAT) will apply. Early registrants will also receive programme updates, discounted accommodation rates and access to limited early-bird tickets for Metstrain, the show's dedicated Eurostar carriage between London and Amsterdam.

Metstrade 2026 registration open

The Marine Equipment Trade Show (Metstrade) has announced that visitor registration is now open for its 2026 edition.

Registration now open for free Metstrade 2026 tickets 

<a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic Yachts</a> has revealed the interior of the <a data-gid="gid://syiq/Yacht/16783" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic 80 Café Racer #123.93m (78'6&quot;)Baltic Yachts2027">first hull of its new 23.98-metre Baltic 80 Café Racer</a>.<img src="https://photo-assets.superyachttimes.com/photo/399045/image/large-6a4af5448d6fb4c8622ece3510e0aeaa.jpg" data-gid="gid://syiq/Photo/399045">Evolving from the Baltic 68 Café Racer concept, the 80-foot model expands the brand’s focus on speed, simplicity, and easy handling into a larger maxi daysailer format. The design showcases a bold, flexible living space that reflects the yard’s performance-driven philosophy.<img src="https://photo-assets.superyachttimes.com/photo/399040/image/large-dc3a6cc5c34a7a83361424681e775474.jpg" data-gid="gid://syiq/Photo/399040">Performance-driven design and optimisationThe first hull of the Baltic 80 Café Racer features naval architecture by Javier Jaudenes of <a data-gid="gid://syiq/Company/2857" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Surge Projects (Company)">Surge Projects</a>. Externally, the yacht retains the series’ signature performance-led identity, developed through extensive CFD analysis and <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>’ virtual wind tunnel technology. This results in a lightweight carbon-fibre hull designed for competitive performance in coastal and maxi-class racing environments.<img src="https://photo-assets.superyachttimes.com/photo/399047/image/large-ca68ba19522824b1334cd742884e86c6.jpg" data-gid="gid://syiq/Photo/399047">A total of twenty-one hull configurations were evaluated using an advanced dynamic VPP model, enabling designers to refine sail trim and assess full-motion behaviour under varying conditions. The final design combines powerful hull lines with low resistance in light air, while maintaining form stability and control as conditions build. Performance optimisation is further enhanced by a generous J dimension, allowing a larger genoa for improved acceleration and strong reaching performance alongside a dedicated jib-top configuration.<img src="https://photo-assets.superyachttimes.com/photo/399048/image/large-cacd9ba2729d515c3f047ddc9cc48f68.jpg" data-gid="gid://syiq/Photo/399048">In addition, two rig setups are available, offering a wide spectrum of sailing styles: from relaxed, family-oriented downwind cruising to fully crewed, rail-down racing. According to the yard, the yacht is expected to compete at the upper end of Maxi Class 3, with a projected IRC rating of 1.480.<img src="https://photo-assets.superyachttimes.com/photo/399046/image/large-e5d8157d48c3c132df83c7143a2f7c96.jpg" data-gid="gid://syiq/Photo/399046">Flexible loft-style interior designThe first hull of the series introduces a striking loft-style arrangement, where the galley, dining area and saloon flow into a single open space. The design prioritises light, volume and sociability, creating an onboard atmosphere more reminiscent of a contemporary apartment than a traditional yacht interior.<img src="https://photo-assets.superyachttimes.com/photo/399049/image/large-0b668346ea7c430d52595626418f680e.jpg" data-gid="gid://syiq/Photo/399049">Rather than committing to a fixed layout, the concept has been intentionally designed to offer flexibility. Owners can opt for a semi-enclosed or fully enclosed galley configuration, while the main saloon can be tailored with either individual lounge armchairs or a more relaxed extended sofa arrangement. This modular approach allows each yacht to reflect its owner’s sailing and lifestyle preferences.<img src="https://photo-assets.superyachttimes.com/photo/399050/image/large-0585f9e8a143267419686e85d47f0d77.jpg" data-gid="gid://syiq/Photo/399050">Interior designer Mark Tucker from <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> noted that the concept “invites the next owner to take it somewhere completely their own.”<img src="https://photo-assets.superyachttimes.com/photo/399043/image/large-4653d58efe52f51e550d0b90946700f4.jpg" data-gid="gid://syiq/Photo/399043"><img src="https://photo-assets.superyachttimes.com/photo/399044/image/large-18b83df8c0f5b2224850118d7fb488d0.jpg" data-gid="gid://syiq/Photo/399044">Drawing on experience from <a data-gid="gid://syiq/Yacht/10936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raven34.0m (111'7&quot;)Baltic Yachts2023">Raven</a>, the record-breaking foil-assisted 111-footer delivered in 2023, construction of the first hull is progressing using a carbon fibre female mould. The method allows tighter tolerances, reduced fairing, and improved overall performance. The use of prepreg carbon further enhances weight reduction and structural efficiency. The first hull will feature a 6.5-metre beam and a displacement of 29 tons.<img src="https://photo-assets.superyachttimes.com/photo/399042/image/large-2c88150ed3813ffab581ec62879f0207.jpg" data-gid="gid://syiq/Photo/399042"><img src="https://photo-assets.superyachttimes.com/photo/399041/image/large-0e4d08534bd2b91e9b226151299b8084.jpg" data-gid="gid://syiq/Photo/399041">Owners of the Café Racer 80 series will be able to select from a palette of bold hull colours, including red, yellow, deep grey, and turquoise. Lamination is scheduled to commence in August, following the Finnish summer break, with delivery expected in summer 2027. Male plug construction is currently underway as part of preparation for the female carbon tooling.

Baltic Yachts unveils Café Racer 80 interiors

Baltic Yachts has revealed the interior of the first hull of its new 23.98-metre Baltic 80 Café Racer.

Interiors of first 24m Baltic Café Racer 80 yacht unveiled

The 33.25-metre <a data-gid="gid://syiq/Company/432" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sovereign Yachts (Company)">Sovereign</a> motor yacht <a data-gid="gid://syiq/Yacht/4870" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marbella IV33.25m (109'1&quot;)Sovereign Yachts2001">Marbella IV</a> has been listed for sale with Whit Kirtland of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.<img src="https://photo-assets.superyachttimes.com/photo/399032/image/large-6df54c475b6a4d977b2db61185dc7cc7.jpg" data-gid="gid://syiq/Photo/399032">Delivered in 2001 by Canadian shipyard <a data-gid="gid://syiq/Company/432" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sovereign Yachts (Company)">Sovereign Yachts</a>, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/49" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Setzer Design Group (Company)">Setzer Design Group</a>, with interiors penned by <a data-gid="gid://syiq/Company/8910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paturzo Yacht Design (Company)">Paturzo Yacht Design</a>. Her naval architecture was crafted in-house by her builder.<img src="https://photo-assets.superyachttimes.com/photo/399038/image/large-27a5c124996960ab71e0b4467f193c23.jpg" data-gid="gid://syiq/Photo/399038">Constructed with a GRP hull and superstructure, &nbsp;the <a data-gid="gid://syiq/Yacht/4870" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marbella IV33.25m (109'1&quot;)Sovereign Yachts2001">yacht Marbella IV for sale</a> recently completed a 10-month refit earlier this year, following a major mechanical refit in 2016 which equipped her with new <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, generators and upgraded power management systems.<img src="https://photo-assets.superyachttimes.com/photo/399033/image/large-e0cb161179f1ad537a5e2e3df3ae3eec.jpg" data-gid="gid://syiq/Photo/399033">In terms of outdoor living, <a data-gid="gid://syiq/Yacht/4870" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marbella IV33.25m (109'1&quot;)Sovereign Yachts2001">Marbella IV</a> boasts a spacious flybridge, outfitted with a custom hardtop, Jacuzzi, dining area, service bar, barbecue facilities and a 55-inch television. Moreover, the space accommodates more than 15 guests, which makes her ideal for entertaining and big social gatherings. On her aft deck, guests can dine alfresco and then unwind at the hydraulic swim platform, which also doubles as a launch system for the yacht's tender.<img src="https://photo-assets.superyachttimes.com/photo/399034/image/large-5f4c3e45eb25192bd44a9370e458bff2.jpg" data-gid="gid://syiq/Photo/399034"><img src="https://photo-assets.superyachttimes.com/photo/399035/image/large-f5e45773edbd076cca2ad80dd8ac9793.jpg" data-gid="gid://syiq/Photo/399035" 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;">Stepping inside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> displays a recently refreshed interior again by <a data-gid="gid://syiq/Company/8910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paturzo Yacht Design (Company)">Paturzo Yacht Design</a>, once again overseeing her redesign, where new custom furnishings, carpeting, and artwork can be found. Her redesigned main saloon retains its original vaulted ceiling, while melding contemporary finishes.<img src="https://photo-assets.superyachttimes.com/photo/399037/image/large-1baf73e6984ed1ba2c589152475a699d.jpg" data-gid="gid://syiq/Photo/399037"><img src="https://photo-assets.superyachttimes.com/photo/399036/image/large-672175c97e76450e6d2bf8974e2664ee.jpg" data-gid="gid://syiq/Photo/399036">With a beam of 7.32-metres and an interior volume of 185 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=sovereign" rel="noopener noreferrer" target="_blank" title="">Sovereign yacht for sale</a> is arranged for up to eight guests across four staterooms. This layout comprises a full-beam owner's suite and VIP suite, alongside two guest staterooms, one of which can be converted into a twin. Separate quarters sleep up to five crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/399039/image/large-f2e85353c6108594419aad577141a5e8.jpg" data-gid="gid://syiq/Photo/399039">In terms of performance, the <a data-gid="gid://syiq/Yacht/4870" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marbella IV33.25m (109'1&quot;)Sovereign Yachts2001">yacht Marbella IV&nbsp;for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, delivering a cruising speed of 13 knots and a top speed of 16 knots. All images provided courtesy of&nbsp;<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;

33m Sovereign motor yacht Marbella IV for sale

The 33m Sovereign motor yacht Marbella IV has been listed for sale with Whit Kirtland of Northrop & Johnson.

The 38.2-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/11479" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Tyme38.2m (125'4&quot;)Azimut Yachts2024">My Tyme</a> is on the market, with Dimitri Blaimer and Michael Rafferty of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.<img src="https://photo-assets.superyachttimes.com/photo/182644/image/large-9f31295df5edfcc55945e3d527506db0.jpg" data-gid="gid://syiq/Photo/182644">Delivered in 2024, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> is a tri-deck motor yacht featuring exterior design by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini</a>. Her naval architecture is penned in-house by her builder and is constructed with a GRP hull and superstructure.<img src="https://photo-assets.superyachttimes.com/photo/398651/image/large-cccf0e490018306e68c89e5f2dd4b38d.jpg" data-gid="gid://syiq/Photo/398651">Inside, the interiors of the <a href="https://www.superyachttimes.com/yachts/my-tyme" target="_blank">yacht My Tyme for sale</a> were designed by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Achille Salvagni</a>. At a volume just below 300 GT, she can accommodate up to 12 guests across six well-appointed staterooms. Her onboard highlights include generous guest areas and meticulously curated materials that create a welcoming onboard atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/398644/image/large-4e9400f7f8a5616924bf6a8640f3718e.jpg" data-gid="gid://syiq/Photo/398644">The <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale’s</a> exterior spaces include four separate outdoor living areas for relaxing, dining and entertaining. A highlight of this space is the expansive beach club that gives guests access to the sea and a spacious foredeck fitted with a Jacuzzi for lounging. <img src="https://photo-assets.superyachttimes.com/photo/398638/image/large-4cc1a049024bb8cec12d1da09c839e06.jpg" data-gid="gid://syiq/Photo/398638"><a data-gid="gid://syiq/Yacht/11479" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Tyme38.2m (125'4&quot;)Azimut Yachts2024"><img src="https://photo-assets.superyachttimes.com/photo/398641/image/large-c38ba944c1468c7e50411195c28f4ac6.jpg" data-gid="gid://syiq/Photo/398641">My Tyme</a> has a beam of 7.9-metres and a shallow draft of 2.05-metres. In terms of propulsion system, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" target="_blank">Azimut yacht for sale</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 19 knots and a top speed of 24 knots.&nbsp;

Azimut yacht My Tyme for sale

The 38.2-metre Azimut motor yacht My Tyme is on the market.

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38m Azimut motor yacht My Tyme for sale

The 26.21 <a data-gid="gid://syiq/Company/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Circa Marine (Company)">Circa</a> explorer yacht <a data-gid="gid://syiq/Yacht/10943" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ugly Betty26.21m (85'12&quot;)Circa Marine2017">Ugly Betty</a> is on the market, with James Nason of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. <a data-gid="gid://syiq/Yacht/10943" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ugly Betty26.21m (85'12&quot;)Circa Marine2017">Ugly Betty</a> is the final hull of the FPB 78 series and is built for extended exploration.<img src="https://photo-assets.superyachttimes.com/photo/398971/image/large-5b003f489670e042265f586b2368e0ae.jpg" data-gid="gid://syiq/Photo/398971">She has successfully completed expeditions in Greenland, the Canadian Arctic, the Northwest Passage, Antarctica, Alaska, Patagonia, and the Pacific. With exterior design penned by <a data-gid="gid://syiq/Company/6076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dashew Offshore (Company)">Steve Dashew</a> and naval architecture created by her builder, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> is presented in turnkey condition for her next adventure.<img src="https://photo-assets.superyachttimes.com/photo/398989/image/large-8629e69ed349419a6cb829cdd92115b8.jpg" data-gid="gid://syiq/Photo/398989">Inside, <a data-gid="gid://syiq/Yacht/10943" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ugly Betty26.21m (85'12&quot;)Circa Marine2017">Ugly Betty</a> can accommodate up to six guests across three contemporary staterooms, each complete with private ensuite facilities. Designed with extended cruising in mind, her bright, light-filled interiors prioritise comfort and practicality. The open-plan main deck seamlessly integrates the saloon, dining area and helm station, creating a welcoming living space that encourages both relaxation and socialising.<img src="https://photo-assets.superyachttimes.com/photo/398999/image/large-38c81f7c0bca1c4cbe2a844b7e9b6e88.jpg" data-gid="gid://syiq/Photo/398999">Reflecting the <a href="https://www.superyachttimes.com/yachts/ugly-betty" target="_blank">yacht Ugly Betty for sale’s</a> explorer capabilities, she is equipped with an array of features designed for safe and self-sufficient long-range cruising. These include five watertight doors, a double-bottom hull, 6,000 pounds of ballast for enhanced stability and a low centre of gravity, as well as powered and passive ventilation systems that operate without opening hatches.<img src="https://photo-assets.superyachttimes.com/photo/399003/image/large-8e8506e47334957787e83a3e02b8d669.jpg" data-gid="gid://syiq/Photo/399003">Dual redundant navigation systems support high-latitude voyages, while extensive safety equipment includes two life rafts, a RIB with a man-overboard recovery system, and a customised Swift RIB fitted with a chartplotter and AIS that also serves as a lifeboat.<img src="https://photo-assets.superyachttimes.com/photo/398985/image/large-51a58c247ee649eeac084b038afbdeb5.jpg" data-gid="gid://syiq/Photo/398985">Additional highlights include a fully equipped galley with Miele appliances, generous refrigerated and dry storage, Starlink broadband and Iridium Satcom connectivity, and climate-controlled refrigeration for extended passages. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> also features robust anchoring systems with storm gear, dimmable LED lighting throughout the interior, integrated grab rails and seat belts for added safety, and a comprehensive inventory of spare parts and tools for onboard maintenance and repairs.<img src="https://photo-assets.superyachttimes.com/photo/398983/image/large-b7b5937a90121c432d551584a27017d9.jpg" data-gid="gid://syiq/Photo/398983">In terms of propulsion system, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=circa" target="_blank">Circa yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/2334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="John Deere (Company)">John Deere</a> engines, giving her a cruising speed of 10.5 knots and a top speed of 13.3 knots.

Circa motor yacht Ugly Betty for sale

The 26.21 Circa explorer yacht Ugly Betty is on the market, with James Nason of Fraser.

26m Circa explorer yacht Ugly Betty for sale

The 30.47-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> motor yacht <a data-gid="gid://syiq/Yacht/11415" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M30.47m (99'12&quot;)Riva S.p.A.2021">M</a> is on the market, with Andrea Gallazzi of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.<img src="https://photo-assets.superyachttimes.com/photo/398955/image/large-dc1059788fed8858d51c78e130283be9.jpg" data-gid="gid://syiq/Photo/398955">Delivered in 2021, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> benefitted from an engine upgrade in 2025. She features naval architecture penned in-house by her builder, with interior and exterior design crafted by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/398961/image/large-9c003c684c4152c8521964c4263451ef.jpg" data-gid="gid://syiq/Photo/398961">The <a href="https://www.superyachttimes.com/yachts/M-30" target="_blank">yacht M for sale</a> showcases an elegant main saloon, where generous glazing fills the space with natural light. Guests can unwind on the L-shaped sofa while enjoying views over the aft deck, while forward, a formal dining area provides an inviting setting for indoor meals.<img src="https://photo-assets.superyachttimes.com/photo/398962/image/large-9169ef44f4147c72244790bb28947921.jpg" data-gid="gid://syiq/Photo/398962">In terms of accommodation, <a data-gid="gid://syiq/Yacht/11415" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M30.47m (99'12&quot;)Riva S.p.A.2021">M</a> can sleep up to 10 guests across five well-appointed staterooms at a volume of 175 GT. Onboard comfort is supported by a crew of five.<img src="https://photo-assets.superyachttimes.com/photo/398965/image/large-6ba91bce980a4c4804567766c8cf4c7e.jpg" data-gid="gid://syiq/Photo/398965">Moving outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> offers a variety of spaces for relaxation and entertaining. Guests can lounge on the foredeck while taking in panoramic sea views, or retreat to the sundeck, where a shaded seating area provides the ideal spot to relax out of the sun.<img src="https://photo-assets.superyachttimes.com/photo/398959/image/large-9050dd88e135dae482bcfc6c618e27af.jpg" data-gid="gid://syiq/Photo/398959"><img src="https://photo-assets.superyachttimes.com/photo/398960/image/large-89e28b235d6128a40d62fc89d35e5f77.jpg" data-gid="gid://syiq/Photo/398960">Built with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/11415" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M30.47m (99'12&quot;)Riva S.p.A.2021">M</a> has a 6.7-metre beam and a draft of 2.26-metres. Propulsion-wise, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=riva-spa" target="_blank">Riva yacht for sale</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 24 knots and a top speed of 28 knots.<img src="https://photo-assets.superyachttimes.com/photo/398958/image/large-01f5f7dfa0d547612da1346ae0af22ed.jpg" data-gid="gid://syiq/Photo/398958">Photos provided courtesy of&nbsp;<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

Riva yacht M on the market

The 30.47-metre Riva motor yacht M is on the market, with Andrea Gallazzi of IYC.


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