Integra Investments has acquired <a data-gid="gid://syiq/Company/7099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Perry Hotel & Marina (Company)">Perry Marina</a> and it's the fifth – and largest – marina in its portfolio. It occupies 35 acres, has a total of 288 wet slips and offers berths for superyachts up to 106-metres in length. Located at 7005 Shrimp Road, <a data-gid="gid://syiq/Company/7099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Perry Hotel & Marina (Company)">Perry Marina</a> is minutes from Key West’s Old Town – the country's most southern point. <img src="https://photo-assets.superyachttimes.com/photo/264712/image/large-af7e7653805116e70919f2ab7a0aed48.png" data-gid="gid://syiq/Photo/264712">“<a data-gid="gid://syiq/Company/7099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Perry Hotel & Marina (Company)">The Perry Marina</a>’s location within a world-class destination for domestic and international boaters allows for some of the top fishing and nautical experiences of any coastal location, making this an anchor asset for our growing portfolio,” Victor Ballestas, a Principal of Integra Investments, commented. “Our strategic deployment of capital to The <a data-gid="gid://syiq/Company/7099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Perry Hotel & Marina (Company)">Perry Marina</a> and Integra’s newest development, Wrecker’s Cay, Key West’s largest workforce housing project in over 50 years, are a testament to our commitment to the local community.”<img src="https://photo-assets.superyachttimes.com/photo/264713/image/large-78b57ee60bd6cf158f117f98497c9c64.png" data-gid="gid://syiq/Photo/264713"><a data-gid="gid://syiq/Company/7099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Perry Hotel & Marina (Company)">Perry Marina</a> has an expansive portfolio of facilities, including gas and diesel bunkering, a captain’s lounge and a swimming pool. The adjacent Perry Hotel was simultaneously acquired by Key International and will be operated independently.<a data-gid="gid://syiq/Company/7100" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oasis Marinas (Company)">Oasis Marinas</a> will manage the marina property.

 Integra Investments buys Perry Marina in Key West 

Perry Hotel & Marina

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Integra Investments has acquired the 288 berth Perry Marina in Key West, Florida. 

Integra Investments buys Perry Marina in Florida 

Netherlands-based marine electrical companies <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> and <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a> have joined forces to provide further services to the maritime community. From 1 June 2023, <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen</a> will officially fall under the umbrella of the <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> Group. <img src="https://photo-assets.superyachttimes.com/photo/272578/image/large-9ac400099a30d4992090ad355ee17e18.jpg" data-gid="gid://syiq/Photo/272578">The merger will bring the two companies together for the delivery of advanced electrical system integration systems for all types of yachts above 30-metres. The shared vision between <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> and <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a> allows the companies to expand on their portfolios while meeting the needs of those within the industry.&nbsp;"Our two families are uniting to deliver the best solutions for the yachting industry,” explained Gert Bravenboer, CEO at <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a>. “Fully complementary to each other, we are uniquely positioned to create value for existing and new customers. Together, we will be the go-to technology partner on all aspects of automation, electrification and digitalisation. From consulting, engineering and installation to commissioning, service and maintenance, it's a perfect fit."<img src="https://photo-assets.superyachttimes.com/photo/272577/image/large-150d4282ba9b14d3509de682379e56c2.jpg" data-gid="gid://syiq/Photo/272577">The merger will represent a new chapter in history for both <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> and <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a>. This will benefit not only both companies, but also the employees, customers and shareholders. This will allow them to provide even more innovative solutions and expand the complexity of their projects.“<a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> is the best choice because the chemistry between the companies means we speak the same language and complement each other. The synergy is great because we stop where Alewijnse starts. Our combined portfolio will broaden all at once to cover yachts from 30 right up to 130 metres. Together, we form a one-stop-shop for every kind of yacht. That way we can completely unburden our customers," added Pedro Kappen, owner of <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a>.<img src="https://photo-assets.superyachttimes.com/photo/272579/image/large-1444065a001052c048600aeb12470fcf.jpg" data-gid="gid://syiq/Photo/272579">

Electrical services companies Alewijnse and Tijssen Elektro merge

Alewijnse and Tijssen Elektro have joined forces to provide further services to the maritime community.

Alewijnse and Tijssen Elektro merge to strengthen yacht electrical services

<a data-gid="gid://syiq/Company/4064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inmarsat plc (Company)">Inmarsat</a> has been acquired by the global communications company Viasat. The combined company enhances the scale and scope to continue to drive growth in the increasingly dynamic and competitive satellite communications industry. The employees of <a data-gid="gid://syiq/Company/4064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inmarsat plc (Company)">Inmarsat</a> will retain their roles under the new ownership, and Rajeex Suri and Andy Sukawaty, CEO and Chairman, will join the Viasat Board of Directors.<img src="https://photo-assets.superyachttimes.com/photo/251466/image/large-5d9ca2aceec40452a7ab1bf77d737e3a.jpg" data-gid="gid://syiq/Photo/251466">The company’s assets, once fully integrated, are expected to increase the pace and scope of innovation in the global satellite connectivity sector, offering new and improved capabilities to customers that will address the ever-increasing speed, flexibility, reliability, coverage and security they demand.“We are thrilled to welcome <a data-gid="gid://syiq/Company/4064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inmarsat plc (Company)">Inmarsat</a>’s employees, customers, shareholders and partners into the Viasat ecosystem,” said Mark Dankberg, Chairman and CEO, Viasat. “The combination of our companies brings together the people, technology, innovation, network assets, spectrum resources and global partnerships needed to help connect the world more affordably, securely and reliably. Together, we believe we are positioned to offer customers a multi-layered network that gives them the right connectivity at the right time, place and price.<img src="https://photo-assets.superyachttimes.com/photo/251465/image/large-65250364f6dfbf29802d99a42e82cf83.jpg" data-gid="gid://syiq/Photo/251465">“Thanks to all those who worked so tirelessly and thoroughly to complete this transaction,” said Dankberg. “I’d also like to thank the Viasat team and the leadership team at Inmarsat, especially the contributions of Rajeev Suri, Inmarsat CEO, and Andy Sukawaty, <a data-gid="gid://syiq/Company/4064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inmarsat plc (Company)">Inmarsat</a> Chairman. Rajeev and Andy will be joining the Viasat Board of Directors as representatives of the prior <a data-gid="gid://syiq/Company/4064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inmarsat plc (Company)">Inmarsat</a> private equity ownership consortium. I look forward to their continued contributions to the company.”The combined company will continue to be led by Mark Dankberg as Chairman and CEO and Guru Gowrappan as President. Viasat also reconfirmed that its new global international business headquarters will be in London. Corporate headquarters will continue to be in Carlsbad, California. Further decisions regarding organizational structure and leadership will be determined as part of the ongoing integration process.“Our goal is to be the undisputed leader in satellite communications with a sharp focus on providing the best products and services for our customers,” said Gowrappan. “We are more than the sum of our parts. This combination broadens the global fixed and mobile services available to customers in an industry-defining moment. We intend to move quickly to bring the best from each company together in a way that creates much deeper value for our stakeholders and ensures we deliver on our synergy commitments.”<img src="https://photo-assets.superyachttimes.com/photo/195034/image/large-e11ca4b857f5c9a2b385bfc4f99ce95d.jpg" data-gid="gid://syiq/Photo/195034">“Satellite communications is a hugely significant and strategic global market for the U.K. space sector, now poised for an exciting next phase,” said George Freeman MP, the U.K.’s Minister of State at the Department of Science, Innovation &amp; Technology. “The combination of Viasat and Inmarsat creates a global leader in satellite communications here in the U.K. It brings significant investment, hundreds of new highly skilled jobs and will serve as a catalyst for substantial economic growth. Having met both companies, I look forward to working with them as we use the U.K.’s regulatory freedom and leadership to support advanced technologies to boost the space economy’s productivity, profitability and sustainability.”Under the terms of the purchase agreement, at the closing of the transaction, Inmarsat’s shareholders received an aggregate of $551 million in cash, subject to adjustments, and approximately $46.36 million shares of common stock. The cash portion of the purchase price was reduced from $850 million to $551 million after Inmarsat paid a $299 million special dividend to its shareholders in April 2022. The shares issued to the <a data-gid="gid://syiq/Company/4064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inmarsat plc (Company)">Inmarsat</a> shareholders at the closing represent an aggregate of approximately 37.6 percent of the total shares of Viasat common stock on a fully diluted basis, with no Inmarsat shareholder receiving shares representing 10% or more. In connection with closing of the acquisition on May 30, 2023, Viasat drew down on approximately $1.35 billion of its committed financing package, including a $617 million secured term loan facility and a $733 million unsecured bridge loan. The lower financed amount reflects in part the reduction in the cash component of the purchase price.

Inmarsat acquired by Viasat

Inmarsat has been acquired by global communications company Viasat.

Inmarsat acquired by global communications company Viasat

The French electrical and electromechanical services company <a data-gid="gid://syiq/Company/7171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtelec (Company)">Yachtelec</a> has been acquired by the ship repair and maintenance group AMARIX, the owner of MACOR and ETI Services companies. Amarix has acquired a 100 percent stake in the company which is based at <a data-gid="gid://syiq/Company/5375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Ciotat Shipyards (Company)">La Ciotat Shipyards</a> in the South of France. <a data-gid="gid://syiq/Company/7171" href="https://sya.superyachttimes.com/news#managed-by-system" target="_blank">Yachtelec</a> was founded in 2007 and has worked on more than 700 major yacht projects, with major industry names including <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> and <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>.<img src="https://photo-assets.superyachttimes.com/photo/272302/image/large-ea0546e0c00d33ed24f4d6320c131573.jpg" data-gid="gid://syiq/Photo/272302">The acquisition, for an undisclosed sum, is part of a wider strategy to increase the group’s market presence and to leverage the turnkey project capability of the company’s MACOR brand in the international superyacht sectors. MACOR specialises in the repair of mechanical and hydraulic systems and machinery, fabrication, and pipework. Since its formation in 1986, the company’s four business units has worked on more 3,000 vessels and represents some of the maritime industry’s market leading OEMs (original equipment manufacturers), operators and managers.<a data-gid="gid://syiq/Company/7171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtelec (Company)"><img src="https://photo-assets.superyachttimes.com/photo/272303/image/large-e4cbb96766566bd6db8ae9ff0b316b1a.jpeg" data-gid="gid://syiq/Photo/272303"></a>“The acquisition of <a data-gid="gid://syiq/Company/7171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtelec (Company)">YACHTELEC</a> makes complete sense and strengthens the group’s portfolio,” said AMARIX founder Nicolas Martinetti. “With <a data-gid="gid://syiq/Company/7171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtelec (Company)">YACHTELEC</a> joining the group’s MACOR and ETI Services brands we close the circle to provide a complete turnkey services solution, covering all mechanical, hydraulic, electrical, electromechanical, and electronic systems onboard. We look forward to welcoming our new colleagues to the AMARIX family, now counting 75 employees, and working with them to ensure a seamless transition for our new clients and customers,” he said.Commenting on the developments taking place in the luxury yacht market, Xavier Deval, Amarix Group's Business Director, said: “It is forecast that that the luxury yacht will grow by 8% in the next five years, with the trend being for larger vessels. We are already seeing some yacht refit yards invest in facilities to meet the demand for larger, longer tonnage. But owners are also looking for models with a higher degree of customisation and features, such as state-of-the-art lighting and audio systems. We can now meet this demand. The inclusion of <a data-gid="gid://syiq/Company/7171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtelec (Company)">YACHTELEC</a> to our portfolio significantly strengthens our network, almost doubling the number of technical experts and specialists we have in the field.”&nbsp;<a data-gid="gid://syiq/Company/7171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtelec (Company)">Yachtelec</a> Director Remi Colace said: "The acquisition and integration in to AMARIX Group is a great step forward for YACHTELEC, ensuring brands continued development and growth trajectory. This makes us stronger and able to offer more technical packages and expertise to our superyacht customers and more."&nbsp;

Amarix Group acquires Yachtelec

The ship repair and maintenance group Amarix has acquired French electrical and electromechanical services company YACHTELEC. 

Repair and maintenance group Amarix acquires electromechanical services company Yachtelec

The German ship and superyacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has acquired a 25 percent share of the <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a> shipyard in Bremerhaven which was rescued from insolvency in 2022. The previous shareholders of <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a>, the Gustav Zech Foundation and the Rönner Group, will retain their shares of 25 percent and 50 percent respectively.<img src="https://photo-assets.superyachttimes.com/photo/187919/image/large-a57b186dd13f9b0328662ebc98cc0f8f.jpg" data-gid="gid://syiq/Photo/187919">According to the Federal Cartel Office, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s entry is permitted because there is considerable competition in the construction and repair of civil ships and yachts in particular, both in Germany, but also worldwide. The shipyard currently has over 200 employees and the entrance of <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> into the ownership agreement will help to secure those jobs, and to continue the yard's yachting industry activities. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/250303/image/large-570ecf32ee6b3d131ac95ffc9bcf438c.jpg" data-gid="gid://syiq/Photo/250303">Andreas Mundt, President of the Federal Cartel Office, commented, "The <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Group</a> from Bremen and the <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd</a> shipyard in Bremerhaven are both active in the construction and repair of civilian ships, especially yachts. There are a large number of competitors in this area, both in Germany and worldwide. Against this background, the merger project was approved."&nbsp;

Lürssen acquires 25 percent of Lloyd Shipyard 

Lürssen has acquired a 25% share of Bremerhaven Lloyd Shipyard.

Lürssen acquires 25% of Lloyd Werft Shipyard in Bremerhaven

Gulfstream Aerospace Corporation has announced the appointment of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> as its international sales representative for Gulfstream sales in the United Kingdom and Channel Islands. Edmiston will be responsible for promoting and supporting Gulfstream with customers and prospects throughout the region. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/268669/image/large-702867741e5a56010988526d19adae64.jpg" data-gid="gid://syiq/Photo/268669">Scott Neal, senior vice president, Worldwide Sales, for Gulfstream comments, "Michael Swift, Gulfstream’s Division Vice President of sales for EMEA-ISC and I look forward to working with Jamie Edmiston and his team to leverage their local expertise as we continue to expand our presence and grow our share in these key markets. <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> is well-respected in their industry and was an excellent partner choice given their strong customer relationships and shared focus on sustainability.”<img src="https://photo-assets.superyachttimes.com/photo/268671/image/large-4f1ae7a6abd1568cd51340c2596f8768.jpg" data-gid="gid://syiq/Photo/268671">Gulfstream opened its state-of-the-art LEED-certified, 20,903 square-meter service centre at Farnborough Airport in the United Kingdom in 2020. Designed with sustainability in mind, the centre includes rainwater harvesting, hangar radiant heating, intelligent lighting controls and heat recovery systems. Gulfstream was also the first original equipment manufacturer to fly on 100 percent sustainable aviation fuel (SAF) and the first business jet to cross the Atlantic using SAF.<img src="https://photo-assets.superyachttimes.com/photo/268670/image/large-990bb272fc83dc5f1ab042c5341b29a6.jpg" data-gid="gid://syiq/Photo/268670"><img src="https://photo-assets.superyachttimes.com/photo/268672/image/large-1d76aa6e294cd37596e5f546409bb342.jpg" data-gid="gid://syiq/Photo/268672">“We have long been known as innovators in both business and marketing, working with leaders in their fields,” said Jamie Edmiston, chief executive, <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. “I am delighted to be partnering with Gulfstream, the industry leader in sustainability, and with the most highly regarded fleet of business jets.”<img src="https://photo-assets.superyachttimes.com/photo/268668/image/large-4097572da0a97f6920de29067cc75d31.jpg" data-gid="gid://syiq/Photo/268668">

Edmiston partners with Gulfstream 

Edmiston has been appointed International sales representative for UK and Channel Islands. 

Edmiston appointed Gulfstream representative for UK and Channel Islands

Italy-based yacht builder <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has signed an offer to acquire another 33 percent stake in artisanal furniture company Duerre. The closing of the deal in the next few days will see <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> reach a majority 66 percent stake in Duerre. <img src="https://photo-assets.superyachttimes.com/photo/254878/image/large-31d4e0b1eeac8a65117ce017dbca9e93.jpg" data-gid="gid://syiq/Photo/254878">The acquisition of Duerre’s majority represents a strategic opportunity for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> within its path towards vertical integration in key supply chains. Sanlorenzo’s previous acquisition of a 33 percent stake closed on 29 April 2022.The law firm Musumeci, Altara, Desana and Associates assisted <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> in the negotiation of contractual aspects, with a team composed by name partner professor Toti S. Musumeci, together with the senior associate Leonardo Musumeci.Duerre has a strong heritage since the 1940s in the production of artisanal high-end furniture, mainly for superyachts, but also for residential real estate, offices, hospitality, and commercial buildings.&nbsp;

Sanlorenzo to acquire another 33% stake in Duerre

Sanlorenzo has signed an offer to acquire another 33 percent stake in artisanal furniture company Duerre.

Sanlorenzo signs offer to acquire a further 33% stake in Duerre

The<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">&nbsp;Italian Sea Group (TISG)</a> has announced that they have finalised the acquisition of the fine furniture company <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi S.r.l</a>. The global luxury operator, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, now owns 100 percent of the shares of Celi.<img src="https://photo-assets.superyachttimes.com/photo/190633/image/large-7468869e75590740becc83b9377c52b9.jpg" data-gid="gid://syiq/Photo/190633">The integration of <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a> into <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>’s portfolio is consistent with the Company’s strategy plan and will help to internalise the activities of the production chain. <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a>’s valuable carpentry experience and production capacity will also allow <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 provide further growth opportunities for both companies.<img src="https://photo-assets.superyachttimes.com/photo/265932/image/large-01b08e3d1324671c97486224c5953a4d.jpg" data-gid="gid://syiq/Photo/265932">“<a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a> is undeniably one of the most important companies for custom furniture in Italy and around the world, and its transversal competencies are a great strategic opportunity for <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>,” explained Giovanni Costantino, Founder and CEO of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>.Read:&nbsp;<a data-gid="gid://syiq/Article/56369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group reports revenues up 65% and a backlog nearing €1B (2022-11-11 16:00:00 +0100)">The Italian Sea Group reports revenues up 65% and a backlog nearing €1B<img src="https://photo-assets.superyachttimes.com/photo/112639/image/large-71dd2b977d22350f5c9d5439c079055c.jpg" data-gid="gid://syiq/Photo/112639"></a>The strategy enables <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 increase its control over the timing and quality of production, as well as over the management of costs and budgets, in support of the Group's profitability. The acquisition represents the first step of the new “<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> NEW ERA” expansion project, which also includes a further expansion of the offices in the Marina di Carrara Headquarters.This expansion will include an expansion of about 2,000 square-metres, with the ultimate goal of creating a cohesive <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> experience for shipowners. <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> plans to make investments aimed at doubling <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a>’s production capacity as early as 2024 in anticipation of significant business growth opportunities.<img src="https://photo-assets.superyachttimes.com/photo/214664/image/large-c368ca34691a26e708bc548b7a2b2e2e.jpg" data-gid="gid://syiq/Photo/214664">“<a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a>’s production organisation, combined with our international commercial skills and knowledge, will offer new opportunities for solid and secure growth for the Group, also in the field of high-end real-estate and luxury hôtellerie worldwide, from Miami to Dubai,” concluded Giovanni Costantino.

TISG acquires furniture company Celi

The Italian Sea Group (TISG) has announced that they have finalised the acquisition of the fine furniture company Celi S.r.l.

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

Interview with Frédéric Dormeuil, CEO of SOS Yachting

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

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Five questions with SOS Yachting's new CEO Frédéric Dormeuil

<a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick SpA</a>, the Italian maker of nautical accessories, has signed an agreement to purchase 100 percent of <a data-gid="gid://syiq/Company/7095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanguineti Chiavari (Company)">Sanguineti Chiavari Produzione Articoli Nautici Srl</a>, a Ligurian company specialising in the design and production of complex components for large pleasure boats, including gangways, boarding ladders, bathing ladders, tender handling systems, deck accessories and customised furnishings. <img src="https://photo-assets.superyachttimes.com/photo/264522/image/large-1e3343c0b3ae1ddb1faf0bbf9f20f191.jpg" data-gid="gid://syiq/Photo/264522">Owned by Fondo Italiano d'Investimento SGR, Armònia SGR and the Marzucco family, <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> offers a diverse range of products from battery chargers, thrusters and docking systems to gyroscopic stabilisers, technical and decorative marine lighting, windlasses and anchoring systems for yachts of all types and sizes. Each of its product lines is designed, engineered and manufactured at its Italian headquarters in Ravenna, Italy.<img src="https://photo-assets.superyachttimes.com/photo/264520/image/large-77121db3ccf15da1042d7ebffc582cbe.jpg" data-gid="gid://syiq/Photo/264520">“<a data-gid="gid://syiq/Company/7095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanguineti Chiavari (Company)">Sanguineti</a> is a company offering important manufacturing skills and a brand recognised worldwide for its quality and reliability, in a segment of the market with great potential for growth,” says <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a>'s CEO Michele Marzucco. “<a data-gid="gid://syiq/Company/7095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanguineti Chiavari (Company)">Sanguineti</a> represents the first step in a project that aims to position Quick as a supplier of advanced value-added systems in all market segments,”The acquisition is part of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a>’s strategy &nbsp;to consolidate its supply chain and grow the Group’s presence in the superyacht segment, a process that had already begun with the design and production of gyroscopic stabilisers, fins, windlasses and large propellers. Quick has seen its consolidated turnover grow from €35 million in 2018 to €62 million in 2022. Italy and the USA, the Group’s two most important markets, saw an increase in revenue of 27 percent and 22 percent respectively in 2022 compared to the previous year. <img src="https://photo-assets.superyachttimes.com/photo/264521/image/large-a833e111b0f1cc34a54668b0a740fe43.jpg" data-gid="gid://syiq/Photo/264521">“The Sanguineti takeover is a valuable opportunity for <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a>, allowing the Group to set up new synergies in sales and production; another step on the ambitious path toward becoming a more important player in the nautical components sector,” says Gianpaolo Di Dio, Senior Partner of Fondo Italiano and Chairman of the Board of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a>. “We are seeing a lot of interest in our consolidation project among entrepreneurs in the industry, and we hope to continue on this path and announce more new buyouts of outstanding companies in the supply chain as early as this year."

Quick Group acquires Sanguineti

Quick SpA, the  Italian maker of nautical accessories, has signed an agreement to purchase 100% of Sanguineti.

Italy-based yacht builder <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has announced the launch of the fourteenth <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 30 yacht <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a>. The 28.43-metre displacement yacht entered the water for the first time at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona, Italy.<img src="https://photo-assets.superyachttimes.com/photo/273449/image/large-146cdf357a4134bd16518bfa2765d362.jpg" data-gid="gid://syiq/Photo/273449"><a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> is characterised by a sleek and dynamic profile, with horizontal lines sweeping from her bow to aft. She features exterior design by <a data-gid="gid://syiq/Company/5547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Filippo Salvetti (Company)">Filippo Salvetti</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>.<img src="https://photo-assets.superyachttimes.com/photo/273445/image/large-de7b869a6d19ab4aab1140ea827bb048.jpg" data-gid="gid://syiq/Photo/273445"><img src="https://photo-assets.superyachttimes.com/photo/273446/image/large-9342670f0e90ccb5a65685de0d1ffbdc.jpg" data-gid="gid://syiq/Photo/273446"><img src="https://photo-assets.superyachttimes.com/photo/273444/image/large-604e32153efb62397a7093a7af5473d7.jpg" data-gid="gid://syiq/Photo/273444">The interior of <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> showcases a sophisticated selection of custom textures for the panelling and lacquer finishes. The interior has been designed according to the owner’s wishes and in collaboration with renowned design brands. <img src="https://photo-assets.superyachttimes.com/photo/273441/image/large-8fc3b008911a318744c85c5cdda73f25.jpg" data-gid="gid://syiq/Photo/273441"><a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> features a chic and contemporary interior design, enhanced by the use of fine materials such as nubuck leather and Calacatta Gold marble. Her colour palette follows a scheme of neutral, muted colours with the use of beige, ivory and cream shades. <img src="https://photo-assets.superyachttimes.com/photo/273442/image/large-4cda30769edb0b9ad1d859a075768696.jpg" data-gid="gid://syiq/Photo/273442">The <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht can comfortably sleep up to 10 guests across five staterooms, as well as a crew of five across three cabins. <img src="https://photo-assets.superyachttimes.com/photo/273452/image/large-5c3585d90308d226d8b2792ef3d182a0.jpg" data-gid="gid://syiq/Photo/273452">Her outdoor deck areas complement her interior with generous volumes that balance &nbsp;with her flowing, elegant lines. <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a>'s outdoor spaces are defined by her orange exterior furnishings that give the space a vibrant complexion.<img src="https://photo-assets.superyachttimes.com/photo/273441/image/large-8fc3b008911a318744c85c5cdda73f25.jpg" data-gid="gid://syiq/Photo/273441">In terms of performance, <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> is equipped with twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which provide her with a top speed of 14 knots and a cruising speed of 12 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273443/image/large-c13a7aef582fca562108e9ca018d4e3c.jpg" data-gid="gid://syiq/Photo/273443">

Custom Line launches 14th Navetta 30 yacht Ayshe

Custom Line has announced the launch of the fourteenth 29m Custom Line Navetta 30 yacht Ayshe.

29m Custom Line Navetta 30 yacht Ayshe launched 

<a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Marinas</a>, a prominent owner, operator, developer, and acquirer of a growing collection of marina assets, has unveiled its latest addition, <a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Fort Lauderdale Marina</a>. <img src="https://photo-assets.superyachttimes.com/photo/273453/image/large-b079ace9d8ef43c1c26386419dadb030.jpg" data-gid="gid://syiq/Photo/273453"><img src="https://photo-assets.superyachttimes.com/photo/273458/image/large-d62a548612a645888f623fdf115d9dd8.jpg" data-gid="gid://syiq/Photo/273458">Situated in Charleston, South Carolina, <a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32</a> owns marinas in Florida, including Jacksonville, Palm Beach Gardens, Tierra Verde, Tampa, Naples, Cape Coral, Marco Island, and Fort Lauderdale. The company’s strategic focus on expansive growth extends along both the US Atlantic Coast and the Gulf of Mexico.<img src="https://photo-assets.superyachttimes.com/photo/273456/image/large-05b4cc89f812039275e026481916d0a7.jpg" data-gid="gid://syiq/Photo/273456"> <a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Fort Lauderdale</a>, a recently constructed and highly adaptable full-service marina, showcases a modern design and cutting-edge amenities. With state-of-the-art equipment and technology, the marina offers a wide range of services to cater to various needs. It provides berthing options for vessels of all sizes, from small tenders to yachts up to 180-feet in length. <img src="https://photo-assets.superyachttimes.com/photo/273457/image/large-a14f46abdcfa1a76e45ff43cfe4a435b.jpg" data-gid="gid://syiq/Photo/273457">The marina's expansive dry storage area is specifically designed to accommodate the largest vessels in South Florida and beyond. Additionally, the marina boasts a newly developed three-acre yacht basin, providing ample space to accommodate up to 32 yachts comfortably.<a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Fort Lauderdale</a> presents a comprehensive range of dry storage options with 278 slips available for short and long-term leases, accommodating vessels up to 55-feet in length. The marina also offers 28,000 square feet of dedicated commercial space tailored for marine-related activities.&nbsp;The commercial space, now open for leasing, includes heated and cooled marine office and retail units, service units capable of accommodating vessels up to 55-feet in length and 18-feet in height, and ample storage units to suit various needs. &nbsp;

PORT 32 unveils new-state-of-the-art Fort Lauderdale Marina

PORT 32 Fort Lauderdale, the newest addition to PORT 32 Marinas. The modern and versatile marina offers state-of-the-art facilities

PORT 32 unveils new state-of-the-art Fort Lauderdale Marina

Italy-based builder <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> has announced the sale of the first B.Now 72M superyacht. The flagship motor yacht is characterised by a spacious interior and exterior layout, providing guests with a multi-functional yacht to fit every lifestyle. <img src="https://photo-assets.superyachttimes.com/photo/273439/image/large-1e2f8ec141f0928445ca95cc8e6ef5fa.jpg" data-gid="gid://syiq/Photo/273439">The owner has opted for the B.Now 72M Oasis Deck model and has been designed in partnership with British design studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. She features a steel hull and an aluminium superstructure, and offers the largest and unparalleled version of Oasis deck to date.“Building on the worldwide success of the B.Now Series and strengthening <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>’s ongoing collaboration with <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, has led to the creation of the 72M B.Now with Oasis Deck,” explained <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> team representative Andrew Collett.The main deck of the 72M B.Now yacht includes a generous living area and seven staterooms. Her full-beam VIP stateroom is situated in the bow around the infinity pool, and her aft deck features a multifunctional area that can be transformed according to use and time of day.The owner will be able to customise the interiors and the yacht offers an entire owner’s deck with unprecedented views. The majestic suite in the bow comes complete with two bathrooms, a private study and a huge lounge with bar counter.Above her owner's deck is a large sundeck designed for comfort, providing guests with a spectacular view over the water from her terrace, which features a sun pad and a spa pool.In terms of performance, the B.Now 72M Oasis Deck can reach a top speed of 16 knots, and a range of 4,500 nautical miles at a speed of 12 knots.The new B.Now 72M Oasis Deck model is expected to be delivered to her owner in May 2027.

First Benetti B.Now 72M Oasis Deck yacht sold

Benetti has announced the sale of the first B.Now 72M superyacht with an expected delivery date of May 2027.

Benetti announces sale of first  B.Now 72M Oasis Deck superyacht

Poland-based <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> have unveiled the interior images of the 23.95-metre <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 Power yacht <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a>. Launched in 2023, the universal multihull yacht has been designed for long cruises, while allowing guests to cruise in utmost comfort.<img src="https://photo-assets.superyachttimes.com/photo/273416/image/large-01932b328de56b11f781cecaea998816.jpg" data-gid="gid://syiq/Photo/273416"><a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> features a bold and contemporary hull design, which incorporates classic stainless steel portlights, teak sole decks, high bulwarks and subtle ambience lighting. The catamaran has been designed in full by her builder <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, which were responsible for her exterior design and naval architecture.<img src="https://photo-assets.superyachttimes.com/photo/273408/image/large-92dceb428434b4f86d19147b2c011b15.jpg" data-gid="gid://syiq/Photo/273408"><img src="https://photo-assets.superyachttimes.com/photo/273430/image/large-17b622441c24f612725b701fa27f121a.jpeg" data-gid="gid://syiq/Photo/273430">The light-filled main saloon of <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> opens wide onto the ample aft cockpit, providing a gentle flow of air and bridging the gap between her indoor and outdoor spaces. Her main saloon is split between a large dining space to starboard and a cosy lounge area, with sumptuous seating.<img src="https://photo-assets.superyachttimes.com/photo/273428/image/large-7490457198d9f154a60deb913671f55d.jpeg" data-gid="gid://syiq/Photo/273428"><img src="https://photo-assets.superyachttimes.com/photo/273429/image/large-2661053cfbba8f9b6ecd8a8266a3e067.jpeg" data-gid="gid://syiq/Photo/273429">The interior of <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> is characterised by dark tones and tasteful fabrics for a modern glam feel. Guests are also able to enjoy her custom kitchen island with bar stools, situated forward in her main saloon, with a large drop-down television for entertainment.<img src="https://photo-assets.superyachttimes.com/photo/273410/image/large-4692c3b9dbb68a991f591f3c3df24f16.jpg" data-gid="gid://syiq/Photo/273410"><a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> features a four stateroom arrangement for up to 12 guests, with her large master stateroom equipped with a drop-down balcony, offering panoramic views and providing the perfect oasis to relax.<img src="https://photo-assets.superyachttimes.com/photo/273411/image/large-85c95a4a8e7e76dfe067958baba1884e.jpg" data-gid="gid://syiq/Photo/273411">Her master suite is situated on the starboard hull, on the lower deck, and includes a spacious ensuite bathroom. Her remaining staterooms include a port VIP stateroom and a port and starboard double, all with ensuite bathrooms.<img src="https://photo-assets.superyachttimes.com/photo/273407/image/large-ce71d252919fd3e6d0d5e2d02655ed16.jpg" data-gid="gid://syiq/Photo/273407"><img src="https://photo-assets.superyachttimes.com/photo/273409/image/large-afd4f1fac04b0f7963b62bd51050e8f2.jpg" data-gid="gid://syiq/Photo/273409">The immense flybridge of <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> features plenty of space for guests to relax, with a large bar and comfortable sofas for dinner and drinks with ocean views. Her full-beam bow terrace also offers a soothing retreat, with plenty of space for sunbathing and lounging.<img src="https://photo-assets.superyachttimes.com/photo/273432/image/large-72dbb5196bdca4acc6ad7b48d75ed6a9.jpeg" data-gid="gid://syiq/Photo/273432"><img src="https://photo-assets.superyachttimes.com/photo/273434/image/large-e8552d113c33513f80fcd7bede37b760.jpeg" data-gid="gid://syiq/Photo/273434"><img src="https://photo-assets.superyachttimes.com/photo/273431/image/large-946d6d2978201f7fe057d28ab8568597.jpeg" data-gid="gid://syiq/Photo/273431"><a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> also features an invisible aft garage capable of concealing a three-seater Jet Ski, alonside a refuelling station and a collection of water toys. Her aft platform allows for easy access and her Jet Ski launching system is simple and easy to use.<img src="https://photo-assets.superyachttimes.com/photo/273414/image/large-f92bb0ebbeb2087423458c07b9a39db0.jpg" data-gid="gid://syiq/Photo/273414"><img src="https://photo-assets.superyachttimes.com/photo/273415/image/large-6555740980cc634f5eedfb0f6e7fc058.jpg" data-gid="gid://syiq/Photo/273415">According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> currently has several yachts in-build, including several <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 43M Eco yachts, as well as both the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 100 Power and the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 100 Eco.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273433/image/large-d52c52107d692570aae284adc0300833.jpeg" data-gid="gid://syiq/Photo/273433">

Sunreef Yachts unveils interior of Sunreef 80 Power yacht Red Azalea

Sunreef Yachts have unveiled the interior images of the 24m Sunreef 80 Power yacht Red Azalea.

A first look at the interiors of the 24m Sunreef 80 Power yacht Red Azalea

Located in the Real Club Náutico de Valencia, <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> has been a benchmark shipyard in the Mediterranean yachting sector since its establishment in 2005. In recent years, the yard has experienced an increase in usage of its services.<img src="https://photo-assets.superyachttimes.com/photo/273417/image/large-faacacf75dff310eebe84c429ffaf5e8.jpg" data-gid="gid://syiq/Photo/273417">Yachts up to 300 tons have been utilising the facility, with many now prepared for summer voyages. The increase in yacht numbers can be attributed to <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia's</a> increased investment in state-of-the-art products and implementation of an improved quality control system. Positive feedback from clients has been a direct result of these efforts.<a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)"><img src="https://photo-assets.superyachttimes.com/photo/273419/image/large-d48aa06709cb4769300986f8491e8980.jpg" data-gid="gid://syiq/Photo/273419">Varadero Valencia</a> offers a wide range of refit and repair services, including deck replacements, repairs, hydraulics, mechanics, electricity, rigging, upholstery, interiors, fairing, polishing, metallic paints, and double-coat lacquering, all expertly provided by Monzó Yacht Painting. Meanwhile, the Carpentry has gained a stellar reputation for its expertise in interior and exterior woodwork.<img src="https://photo-assets.superyachttimes.com/photo/273418/image/large-798ad6a5b36110e9a87c4722892d7a1a.jpg" data-gid="gid://syiq/Photo/273418">“The primary objective is to ensure that clients feel completely at ease from the moment they arrive at the yard, providing them with opportunities to partake in team building activities alongside other captains,” commented <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a>. Clients also have access to the facilities of the Real Club Náutico de Valencia. These amenities include tennis courts, paddle courts, a swimming pool, restaurants, and more, adding an extra level of convenience and enjoyment to their experience.“The efforts put forth by <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> have resulted in a significant improvement in the quality of the services provided, the refit yard has experienced a 100 percent occupancy rate this refit season and witnessed a rise of over 10 percent in large yachts, both sailing and motor,” added <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a>.<img src="https://photo-assets.superyachttimes.com/photo/273420/image/large-8b4d3ea99b1cbae58a1e4b87e7ee79c1.jpg" data-gid="gid://syiq/Photo/273420">Among this year's contented customers are the 26-metre motor yacht <a data-gid="gid://syiq/Yacht/8580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Taurean 26.4m (86'7&quot;)Riva S.p.A.2011">Taurean</a> and the 27-metre motor yacht <a data-gid="gid://syiq/Yacht/10240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Griffioen 27.31m (89'7&quot;)Bloemsma & van Breemen2006">Griffioen</a>, both of whom have had successful stints at the yard. Captain John Horn of <a data-gid="gid://syiq/Yacht/10240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Griffioen 27.31m (89'7&quot;)Bloemsma & van Breemen2006">Griffioen</a> remarked, "After forty years using facilities of this kind across the globe, I can confidently say that Varadero Valencia excels in organisation, smooth workflows, professionalism, exceptional carpenters, and an outstanding team overall. These factors streamline all tasks and make your stay at the refit yard much more comfortable."<img src="https://photo-assets.superyachttimes.com/photo/273423/image/large-4d90eb229860b87cb0a8458268a45990.jpg" data-gid="gid://syiq/Photo/273423">Sailing yachts are also warmly welcomed on the hardstanding. Recently, work was completed on a 30-metre <a data-gid="gid://syiq/Company/571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Dam Nordia Shipyard (Company)">Van Dam Nordia</a> and a 24-metre <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>, both of which departed with highly positive impressions of the yard.<img src="https://photo-assets.superyachttimes.com/photo/273422/image/large-1c02b7062ae91daba5418942835f1ee8.jpg" data-gid="gid://syiq/Photo/273422">The enhanced quality and service at <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> have positioned it as a benchmark refit and repair yard, offering yachts optimal conditions to prepare for the sailing season. Additionally, clients greatly appreciate the support and post-refit service provided upon project completion. Presently, <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> continues to work on other enticing projects that will soon come to fruition.

Varadero Valencia sees rise in yacht facility usage

Mediterranean's leading shipyard for yacht refits. State-of-the-art facilities, expert craftsmanship, and exceptional customer satisfaction

<a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> has announced the launch of the first 35-metre <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 sailing yacht. The first hull was launched at the House of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> facility at the Boatbuilding Technology Centre in Pietarsaari, Finland and is part of a new era of Maxi Swan yachts. <img src="https://photo-assets.superyachttimes.com/photo/273398/image/large-356482a06db636b83a93e96c605ca92c.jpg" data-gid="gid://syiq/Photo/273398">Built with a full carbon hull, the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 features exterior design from <a data-gid="gid://syiq/Company/4626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Micheletti + Partners (Company)">Micheletti + Partners</a>, with naval architecture from long-standing collaborator <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. She uses epoxy Sprint technology from carbon moulds and will be registered with Rina charter classification. <img src="https://photo-assets.superyachttimes.com/photo/273400/image/large-063e5f382f03e4b56841157e106f7898.jpg" data-gid="gid://syiq/Photo/273400"><img src="https://photo-assets.superyachttimes.com/photo/273399/image/large-184283d2dad43d5cefdc6096050cdcbc.jpg" data-gid="gid://syiq/Photo/273399">The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 is a prime example of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> philosophy and pays homage to the company’s heritage in a contemporary style. “The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 marks a new era in the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> Maxi range at <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor</a>,” explained Giovanni Pomati, <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor</a> Group CEO.<img src="https://photo-assets.superyachttimes.com/photo/273401/image/large-a9681770f15a85134f8a5be906a12665.jpg" data-gid="gid://syiq/Photo/273401">“The project, launched in 2021 during the Regate di Primavera in Portofino, has been like drawing a beautiful painting. Like a painter meticulously chooses his palette, we made a very intense research of talents that could put their know-how on the table and blend it with the other to create a beautiful and unique product.”<img src="https://photo-assets.superyachttimes.com/photo/262952/image/large-1e062a3062bf159e994b89a043c154ae.jpeg" data-gid="gid://syiq/Photo/262952"><img src="https://photo-assets.superyachttimes.com/photo/262951/image/large-ca9f1be98ad50b5fefe16260b0503238.jpeg" data-gid="gid://syiq/Photo/262951"><img src="https://photo-assets.superyachttimes.com/photo/262955/image/large-e02791ef70e7e61102e42cc1f66b0387.jpeg" data-gid="gid://syiq/Photo/262955">The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 features a modern and contemporary interior design from Loro Piana Interiors (Misa Poggi). “I chose light colours to give an idea of the breadth and dark colors for a more intimate atmosphere. Everything should give the idea of being immersed in a bright space in perfect harmony with the outside,” added <a data-gid="gid://syiq/Company/1144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Loro Piana Interiors (Misa Poggi) (Company)">Misa Poggi</a>.<img src="https://photo-assets.superyachttimes.com/photo/273402/image/large-44894dbcab1732a88df4bf041d147fb4.jpg" data-gid="gid://syiq/Photo/273402"><img src="https://photo-assets.superyachttimes.com/photo/273397/image/large-7dac6ad3c89bef00e8a0a06a090fdcde.jpg" data-gid="gid://syiq/Photo/273397">&nbsp;The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 can comfortably sleep up to nine guests across four staterooms, as well as a crew of five. One of her key features is her dual-acting transom door which allows the stern to open along part of the aft deck, providing an oversized beach club.<img src="https://photo-assets.superyachttimes.com/photo/273393/image/large-e7e4c74e40e215bb93ec4fa5cafc6bce.jpg" data-gid="gid://syiq/Photo/273393">This solution makes tender management far easier and does not compromise her interior volumes. On her decks, the coamings widen in the aft part of the cockpit allowing a further outboard position for the steering stations, while still maintaining good helm protection. Her extra-large main companionway also provides plenty of light for the interior.<img src="https://photo-assets.superyachttimes.com/photo/273392/image/large-bb9165497e171e4ab994607919aaf231.jpg" data-gid="gid://syiq/Photo/273392"><img src="https://photo-assets.superyachttimes.com/photo/273395/image/large-1ca091a9bd4bbb719172218c1e183bed.jpg" data-gid="gid://syiq/Photo/273395">In terms of propulsion, the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 yacht is equipped with a single <a data-gid="gid://syiq/Company/1470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scania (Company)">Scania</a> engine which provides her with a cruising speed of 10 knots. The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 will make her worldwide debut at the Monaco Yacht Show 2023. <img src="https://photo-assets.superyachttimes.com/photo/273396/image/large-2578d9265a32d70982cf849c0eace0a1.jpg" data-gid="gid://syiq/Photo/273396"><a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> currently has several other yachts in-build at the Boatbuilding Technology Centre, including the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 88, hull two of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 series and a <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 128.<img src="https://photo-assets.superyachttimes.com/photo/194848/image/large-0222a69ea6fde2ddea48958cb8c0c0e2.jpg" data-gid="gid://syiq/Photo/194848">

35m Nautor Swan 108 yacht launched

The first hull in the 35m Nautor Swan 108 yacht series was launched from the Boatbuilding Technology Centre in Pietarsaari, Finland.

First 35m Nautor Swan 108 sailing yacht launched

The second day of the <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta</a> yesterday arrived with excellent winds that picked up during the course of the afternoon. The <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Southern Wind</a> Division started at 11.30 a.m., with a south-easterly wind of around 8 knots, headed for Razza di Giunco beach, where the shipyard had organised a lunch and beach party for its owners and guests.<img src="https://photo-assets.superyachttimes.com/photo/273385/image/large-6bea8d0c0c798daa6f51e2b88de93ff1.jpg" data-gid="gid://syiq/Photo/273385">At 1 p.m., with 10 knots of breeze from the south-east, the Superyacht division regatta began and the 33-meter <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a> was the first yacht off the blocks in the revised staggered starting sequence. The fleet headed upwind towards the south, rounding the islets of Mortorio and Soffi, then came back up under gennaker, through the Bisce pass, with winds that had increased to 16 knots in the meantime. At the mark by the Tre Monti shallows, the superyachts headed for the islet of Monaci, which they rounded before embarking on their upwind return leg to Porto Cervo. The course covered almost 30 miles, and kept the crews busy hoisting and lowering the gennakers, in addition to a long reach with frequent jibes on the way up to the Bisce pass.<img src="https://photo-assets.superyachttimes.com/photo/273384/image/large-19eb0fecc8b9cd9eccee9cfb9c4f98f1.jpg" data-gid="gid://syiq/Photo/273384">Today's results in corrected time have shaken up the rankings compared to yesterday: in the Superyacht Cruising Class the Briand 108 <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> won by just 20 seconds - after more than two and a half hours of racing - ahead of the 33-metre <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>. The Baltic 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> was a further 3 minutes and 19 seconds behind. The leader board in the Combined Performance &amp; Cruising Class also changes, with the first three positions now the same as the Superyacht Cruising Class. In fourth place, with a gap of just 3 minutes and 43 seconds from the winner, is the Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>.&nbsp;Chris Main, tactician on <a data-gid="gid://syiq/Yacht/4020" href="https://sya.superyachttimes.com/news#managed-by-system" target="_blank">Inoui</a>: "Today we won by just 20 seconds in corrected time, but having sailed most of the course a good way from our competition, it wasn’t easy to work out our position. It felt to us like we hadn't made mistakes, with the manoeuvres at the right time. With these boats a mistake can cost you dearly. Once we crossed the finish line and saw the results, we had the confirmation that our race had been flawless."In terms of the overall standings after two days, <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a>, <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> and <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a> top the Superyacht Cruising Class in that order, separated by just one point each. In the Combined Performance &amp; Cruising Class, Inoui is again in the lead with a total of 4 points, followed in second and third place by the WallyCento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> and the Baltic 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> respectively, both sitting on 5 points.<img src="https://photo-assets.superyachttimes.com/photo/273386/image/large-7be34091c38d16e34a9485558e1049a2.jpg" data-gid="gid://syiq/Photo/273386">All is therefore still to play for over the next two days of racing. Tomorrow, 9th June, the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Division is scheduled to set off at 11 a.m. with the same staggered start procedure as the Superyacht Division. The forecasts indicate a south-easterly wind of approximately 10-12 knots.To mark World Oceans Day, drawings by the Year 3 students from the primary schools of Arzachena, Cannigione and Abbiadori, created by children who took part in the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a> Clean Beach Day on 31st May, were projected on the LedWall in Piazza Azzurra.

Giorgio Armani Superyacht Regatta 2023 day 2

Day two of the Giorgio Armani Superyacht Regatta has shaken up the ranking of yesterday with Inoui winning by 20 seconds.

Inoui wins day 2 of the Giorgio Armani Superyacht Regatta 2023

<img src="https://photo-assets.superyachttimes.com/photo/273387/image/large-1a98faa2fe8a652f75d7b7d810f0e77d.jpg" data-gid="gid://syiq/Photo/273387">Seen here last week docked in Crete, the largest and most populous Greek islands, is the 43-metre superyacht <a data-gid="gid://syiq/Yacht/8292" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halara43.0m (141'1&quot;)Overmarine Group SPA2021">Halara</a>. Built as Project Venezia to the Mangusta Oceano 43 yacht model, she was delivered by the Italian shipyard <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> in January 2021. The three-deck superyacht, penned 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 Yacht Design</a>, features design elements such as wide glazed surfaces, skylights and special lighting solutions. <a data-gid="gid://syiq/Yacht/8292" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halara43.0m (141'1&quot;)Overmarine Group SPA2021">Halara</a> houses a beach club aft with a stern door to the sea platform, forward-facing infinity pool with a waterfall, a garage at the bow and several alfresco living areas. The interior has been coined by her builder's own design team alongside Italian designer <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>. Onboard, she can accommodate up to 12 guests taken care of by a crew of seven. Performance-wise, the 451 GT superyacht can reach a top speed of 15 knots and cruise comfortably at 11 knots with a range of 5,000 nautical miles.

43m superyacht Halara in Crete

The 43m superyacht Halara, built by Overmarine, is seen here docked in Crete, Greece.

The 24.78-metre <a data-gid="gid://syiq/Company/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burger Boat Company (Company)">Burger Boat</a> motor yacht <a data-gid="gid://syiq/Yacht/6904" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laid Back 24.78m (81'4&quot;)Burger Boat Company1989">Laid Back</a> sold in a deal with Bill Powers of <a data-gid="gid://syiq/Company/2578" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="26 North Yachts (Company)">26 North Yachts</a> introducing the buyer and Pam Barlow of <a data-gid="gid://syiq/Company/10" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luke Brown Yachts (Company)">Luke Brown Yachts</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/233587/image/large-019d4589b7bf473c618927c9d490772b.jpeg" data-gid="gid://syiq/Photo/233587">Delivered in 1989 from the United States, <a data-gid="gid://syiq/Yacht/6904" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laid Back 24.78m (81'4&quot;)Burger Boat Company1989">Laid Back</a> is part of the 80’ Burger series. She was designed in full by her builder <a data-gid="gid://syiq/Company/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burger Boat Company (Company)">Burger Boat Company</a> which were responsible for her interior and exterior design, as well as her naval architecture.<img src="https://photo-assets.superyachttimes.com/photo/233594/image/large-f7ac9ec5f6e942e4bf106a232a9ef7eb.jpeg" data-gid="gid://syiq/Photo/233594"><img src="https://photo-assets.superyachttimes.com/photo/233593/image/large-4a66247e9f3e93eda81d06c996a94bd9.jpeg" data-gid="gid://syiq/Photo/233593"><img src="https://photo-assets.superyachttimes.com/photo/233589/image/large-f1773b2a07be5eff6a33b9f8fd99af88.jpeg" data-gid="gid://syiq/Photo/233589"><a data-gid="gid://syiq/Yacht/6904" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laid Back 24.78m (81'4&quot;)Burger Boat Company1989">Laid Back</a> features a three stateroom configuration, with accommodation for up to six guests. She boasts a classic interior design with a high use of woods to accompany her contemporary main saloon. <img src="https://photo-assets.superyachttimes.com/photo/233592/image/large-f8516c68df1ab3dced8f707f3959420f.jpeg" data-gid="gid://syiq/Photo/233592"><img src="https://photo-assets.superyachttimes.com/photo/233596/image/large-dfc47880c70d767b13eff8d94866a6ff.jpeg" data-gid="gid://syiq/Photo/233596">In terms of propulsion, <a data-gid="gid://syiq/Yacht/6904" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laid Back 24.78m (81'4&quot;)Burger Boat Company1989">Laid Back</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which propel her to a top speed of 21 knots and a comfortable cruising speed of 17 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/6904" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laid Back 24.78m (81'4&quot;)Burger Boat Company1989">Laid Back</a> had a last known asking price of $1,195,500. <img src="https://photo-assets.superyachttimes.com/photo/233591/image/large-dee8a0f556781988c2fd5e8a0365b626.jpeg" data-gid="gid://syiq/Photo/233591">

25m Burger Boat yacht Laid Back sold

The 25m Burger Boat motor yacht Laid Back sold with a last known asking price of $1,195,500.

25m Burger Boat motor yacht Laid Back sold

The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> has announced a new reinvestment fund for the superyacht industry, aimed at ocean conservation. The Ocean Assist Fund plans to promote a new path into nurturing both ocean and human vitality.<img src="https://photo-assets.superyachttimes.com/photo/273322/image/large-81c76517a9d6ab0a6ba06abc70e22e99.jpg" data-gid="gid://syiq/Photo/273322">The Ocean Assist Fund will be used to select marine conservation and restoration projects to allocate funds granted by the yachting community. The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> will use appropriate criteria to determine which projects are selected and will ensure that support goes to the most urgent needs.“By prioritising projects and adopting scientific tools that are urgently needed to protect the oceans, the superyacht community can maximise financial and non-financial resources to support nature-based solutions and aid the global effort to mitigate ecological impacts,” said <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.<img src="https://photo-assets.superyachttimes.com/photo/237001/image/large-34661eb661037cedcc9fa816ea2839c9.jpg" data-gid="gid://syiq/Photo/237001">Read: <a data-gid="gid://syiq/Article/56401" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation unveils YETI 1.0 to evaluate environmental impact in yachting (2022-11-17 16:45:00 +0100)">Water Revolution Foundation unveils YETI 1.0 to evaluate environmental impact in yachting</a>The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> will work with an independent scientific advisory board composed of renowned ocean scientists to identify the projects that will have the greatest impact in preserving the ocean and will feed back their findings to the yachting community.“By investing in ocean conservation through this programme, the superyacht community can act as a significant force to solve ocean problems and make a positive collective impact, not only for themselves but for the planet as a whole,” commented the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>. <img src="https://photo-assets.superyachttimes.com/photo/210814/image/large-2f97f065978c36e73e041f8b3df36273.jpg" data-gid="gid://syiq/Photo/210814">Read: <a data-gid="gid://syiq/Article/56155" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sustainable mooring: How to preserve the world’s largest lung? (2022-10-13 14:30:00 +0200)">Sustainable mooring: How to preserve the world’s largest lung?</a>The project aims to raise awareness and commitment within the yachting community, and will transform financial support for ocean conservation into a business proposition. The project will create a new age of regenerative development in the yachting sector, to help revive our invaluable marine ecosystems.&nbsp;“The Ocean Assist programme will enable yachting to contribute to the achievement of the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals – which seek to protect planet’s and human health, conserve biodiversity, combat climate change and improve livelihoods for everyone, everywhere,” concluded the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.<img src="https://photo-assets.superyachttimes.com/photo/240105/image/large-08aa65fd6517d3cb3aafc9d8202ab996.jpeg" data-gid="gid://syiq/Photo/240105">

Water Revolution Foundation announces Ocean Assist Fund

The Water Revolution Foundation has announced the Ocean Assist Fund for the superyacht industry, aimed at ocean conservation.

Mergers & Acquisitions

Integra Investments buys Perry Marina in Florida