<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a> (IMM) has announced the acquisition of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">Atlantic Refit Center</a> (ARC) in La Rochelle, France. The shipyard is dedicated to the refit and repair of superyachts up to 150 metres in length.<img src="https://photo-assets.superyachttimes.com/photo/395123/image/large-b4dd49b5ee58da2c0bddbdcd499e313b.png" data-gid="gid://syiq/Photo/395123">With 130 in-house employees, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> operates across key Caribbean hubs including Puerto Rico, St Maarten, Guadeloupe and Grenada. The acquisition marks the company’s expansion into Europe, combining <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> refit expertise with <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> established facility and infrastructure.“Returning to Europe is a defining step for <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>,” said <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> CEO Norina Edelman. “Marrying the strength of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> existing infrastructure with <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM's</a> spirit and values will create a unique client experience in terms of flexibility, quality and transparency. We are excited to operate a European shipyard that will allow us to give every client a bespoke experience.”<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> brings more than 20 years of experience, including projects such as the conversion of the 71.4-metre <a data-gid="gid://syiq/Yacht/4954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enigma XK71.4m (234'3&quot;)Richards Shipbuilders1988">Enigma XK</a>. Its location in La Rochelle is considered highly strategic, offering direct 24/7 access via the only deep-sea port on the French Atlantic coast.The facility provides extensive infrastructure for large-scale refit and conversion projects, including an 11-metre draft capability and a fully secured ISPS-compliant area. It features two dry docks (176-metres and-107 metres), a 250-tonne travel lift, cranes of up to 150 tonnes, 300-metres of afloat repair quays, and 2,000-square-metres of hard-standing space.<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Founder and COO Fabrice Maitre has more than 40 years of experience in yacht refit and repair, with projects including <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a>, <a data-gid="gid://syiq/Yacht/442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skat70.7m (231'11&quot;)Lürssen Yachts2002">Skat</a>, and <a data-gid="gid://syiq/Yacht/208" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kogo71.71m (235'3&quot;)Alstom (Aker Yards)2006">Kogo</a>. In 2007, he oversaw the extensive refit of Tatoosh in La Rochelle. This project was regarded as a milestone for the town’s emergence within the superyacht refit industry, according to <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>.<img src="https://photo-assets.superyachttimes.com/photo/395122/image/large-ae50f768748608ce23d4bd3776773ae6.png" data-gid="gid://syiq/Photo/395122">“In many ways, this expansion is a full-circle moment,” explained Fabrice Maitre. “France is where my career began, and the Tatoosh refit in La Rochelle was a significant step in both my career and superyacht refit generally. Establishing <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> presence here, with such a capable facility, allows us to bring our experience, standards, and approach back to a market we know deeply.”<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> positions itself as offering a boutique experience for every vessel. The company states that its team will oversee shipyard operations to ensure projects are delivered on schedule and to the highest standards of quality. Each client will benefit from robust planning, transparent workflows, and stringent quality control systems.“At <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a>, the entire shipyard is prepared and optimized for each client and refit project. Having a rich network of local contractors, as well as easy connectivity to Central Europe makes <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> particularly attractive, especially for yachts over 5,000 tonnes, for whom haul-out options on the market are very limited, especially in shipyards specializing in superyacht refit,” commented <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Global Director Víctor Pérez<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> outgoing President and Co-Founder Stephane Marcelli will remain involved in the company’s operations. He concluded: “The integration of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> into the <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> group brings exactly the kind of expertise and momentum the French Atlantic superyacht sector needs to further strengthen its position internationally."

International Marine Management acquires Atlantic Refit Center

Atlantic Refit Center facility

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 International Marine Management (IMM) has announced the acquisition of Atlantic Refit Center (ARC) in La Rochelle, France.

Norwegian maritime technology company <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> has announced an agreement to acquire the Swedish company <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> AB.<img src="https://photo-assets.superyachttimes.com/photo/400397/image/large-a892bdf50408f966fb7e7ca3fd29bc7f.jpg" data-gid="gid://syiq/Photo/400397"><a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a leading designer and manufacturer of integrated propulsion and electrical systems for the maritime market and has demonstrated strong growth and a profitable market position in recent years.“This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments,” explained Lisa Edvardsen Haugan, CEO of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>.The financial details of the transaction are currently undisclosed, but the acquisition is priced at approximately the same EV/EBITDA level as the current pricing of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> ASA.“<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> complements our portfolio in a highly attractive way and together we will deliver greater value through a wider offering, stronger lifecycle support and shared expertise,” added Haugan.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> will operate as a separate brand and standalone business unit within <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>’s Propulsion &amp; Handling division, allowing <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg</a>’s customer focus and culture to be maintained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400398/image/large-ae759ecd6b2a91de8c3c0a944c475fb2.jpg" data-gid="gid://syiq/Photo/400398">“Joining forces with <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> is an exciting opportunity for <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>. Our businesses complement each other well, and together we can create new opportunities for our customers and employees,” commented Philip Chaabane, CEO of <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>.According to <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>, the acquisition will allow them to benefit from <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.“The transaction will unlock significant potential in the aftermarket,” explained Per Håvard Siljan Hjukse, EVP Propulsion &amp;. Handling at <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>. “We also see cross selling opportunities, such as our Energy &amp; Control products into <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s core segments, and Berg’s propeller systems into naval where KM has strong positions.”The combined propulsion portfolio will cover a full spectrum of technologies, including controllable pitch propellers and thrusters, hybrid and electrical propulsion systems and integrated vessel control solutions.In January 2026, <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> announced that the company was formally on track to become an independent company after shareholders of Kongsberg Gruppen approved the separation at a general meeting held on Thursday 22 January 2026.Read more: <a data-gid="gid://syiq/Article/65227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime to become stand-alone company (2026-01-23 12:15:00 +0100)">Kongsberg Maritime to become stand-alone company</a><img src="https://photo-assets.superyachttimes.com/photo/400399/image/large-55d4fc3d28111400f5505de36c37d8d0.png" data-gid="gid://syiq/Photo/400399"><a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> operates across multiple maritime segments, supplying systems and solutions for offshore vessels, cruise ships, fishing vessels and naval platforms. The company is also a well-established supplier within the yacht and superyacht sector, where its integrated bridge systems, propulsion solutions and automation technologies are widely used.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a Swedish company that designs and manufactures controllable-pitch propellers for the marine industry. The company produces customised main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems for various vessels including cargos, tugs and superyachts.&nbsp;

Kongsberg Maritime acquires Berg Propulsion

Norwegian maritime technology company Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion AB.

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has announced the acquisition of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a>, further expanding the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco Group</a>'s capabilities across the design and construction of custom yachts.<img src="https://photo-assets.superyachttimes.com/photo/367145/image/large-c0719da09522b0d017fe2fd0a04968e9.png" data-gid="gid://syiq/Photo/367145" 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; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Founded in 1956 and headquartered in Assen, the Netherlands, <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> is a manufacturer of custom-made and standardised marine solutions for the superyacht, commercial shipping and offshore sectors.&nbsp;Employing around 150 people in facilities in the Netherlands and Vietnam, the company specialises in products including tank vent check valves, manually operated doors and hatches, watertight sliding doors, hull doors and exclusive yacht equipment. According to <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, the acquisition expands the Group's technical capabilities and strengthens collaboration alongside its existing companies, <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a>, <a data-gid="gid://syiq/Company/5546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aluship (Company)">Aluship</a>, <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral</a> and <a data-gid="gid://syiq/Company/8351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mercury Yacht Construction (Company)">Mercury</a>. <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> will continue operating with its existing team and strategic direction while serving current and new clients.<img src="https://photo-assets.superyachttimes.com/photo/392202/image/large-6ad65147c55f711bd849cd4f59de3b88.jpg" data-gid="gid://syiq/Photo/392202">The relationship between <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> dates back to the late 1990s, when the companies first collaborated on lifting equipment for the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht <a data-gid="gid://syiq/Yacht/8" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Mirqab133.0m (436'4&quot;)Peters Werft GmbH2008">Al Mirqab</a>. More recently, <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> developed the adjustable hinge on the hull doors of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> that remain horizontal to the deck to account for varying sea conditions.Read:&nbsp;<a data-gid="gid://syiq/Article/65976" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of 111m Oceanco yacht Leviathan unveiled (2026-04-30 08:45:00 +0200)">Interiors of 111m Oceanco yacht Leviathan unveiled</a>Commenting on the acquisition, CEO of <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, Marcel Onkenhout, said: "Together with Gabe Newell, we are building the yachts of the future. With the addition of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a> to the <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco Group</a>, we can continue working on new innovations in the field of one of the most complex components of an <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht."CEO of <a data-gid="gid://syiq/Company/2357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winel B.V. (Company)">Winel</a>, Ake van der Vinne, added : "Our doors and hatches are known for their reliability under the harshest conditions, and the same applies to our relationship with <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. Together with the other partners within the Group, we will develop groundbreaking solutions for the maritime industry."

Oceanco acquires Dutch marine specialist Winel

Oceanco has acquired Dutch marine specialist Winel,  aiding the Group's growing portfolio of maritime companies.




<a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> has announced a strategic partnership with Italian shipyard <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a> to develop the first range of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Yachts</a>. The first model from the partnership is scheduled to make its world debut at the upcoming 2026 <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, with a second premiere already planned for the 2027 edition.<img src="https://photo-assets.superyachttimes.com/photo/399407/image/large-769cb7a03cf589f2f9457025b6024c6d.png" data-gid="gid://syiq/Photo/399407">The collaboration will combine <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' design philosophy with <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>' expertise in yacht construction. Furthermore, the partnership expands <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a>'s portfolio, adding a luxury yacht range alongside the brand's existing collaborations with <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>. Meanwhile, for <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, the agreement brings together the Italian builder's expertise in performance-focused yacht engineering with <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>' signature "One-Second-Wow" design approach."We continue the journey of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus Marine</a> alongside our partners <a data-gid="gid://syiq/Company/5741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axopar (Company)">Axopar</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, this collaboration opens up a completely new dimension for us –– bringing together our design, our love for bold design, individuality and detail with the incredible expertise of <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>," said CEO and owner of <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a>, Constantin Buschmann.<a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>, which joined <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a> following its creation in 2025, specialises in motor yachts ranging from the entry level AB 80 to the AB 130. The shipyard is recognised for its aerospace-derived construction techniques, waterjet propulsion systems and advanced trim control technology, enabling top speeds of up to 60 knots.Deputy Chairman of <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a>, Giorgio Mattei, concluded: "From our very first meeting, we recognized in <a data-gid="gid://syiq/Company/5781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brabus Marine (Company)">Brabus</a> the same relentless passion for innovation, performance and bold design that defines <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a>. Together, we are creating something truly distinctive: an innovative co-designed product that we believe will leave a lasting mark on the yachting industry."

Brabus and AB Yachts announce strategic partnership to create Brabus Yachts

Brabus and AB Yachts announced strategic partnership to create first range of Brabus Yachts.

<a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> has entered into an agreement to sell <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC Capital Partners</a> VII’s stake in <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, an international marina operator, to <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia Capital Partners</a>, a European private equity firm focused on infrastructure investment. According to the Financial Times, the deal is expected to exceed €1 billion.&nbsp;<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> operates 28 marinas across nine countries, with more than 14,300 berths, including over 1,000 dedicated superyacht berths. The company also manages 12 professional boatyards, which service more than 2,500 yachts each year, and serves more than 50,000 customers annually.<img src="https://photo-assets.superyachttimes.com/photo/110558/image/large-403fc9f2dcd20d41f4c8e5db4c36cdb1.jpg" data-gid="gid://syiq/Photo/110558"><a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> acquired <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>’s international assets from Turkish conglomerate Doğuş Group in 2020, taking ownership of the company’s Greek, Croatian and UAE operations. The Turkish assets remained under Doğuş Group ownership, although they continued to be managed by <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>.Under <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a>’s ownership, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> expanded beyond its traditional markets of Turkey, Croatia, Greece and the UAE into Spain, Italy, France, Malta and Albania.&nbsp;István Szőke , Managing partner at <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> said the investment had supported <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>’s development from “a hidden gem” into what he described as a market leader in premium marinas across Europe and the wider EMEA region. He added: “We expanded significantly across the Mediterranean, built the sector's most digitally advanced platform, and created a business with unmatched scale, customer experience and operational excellence.”Oliver Dörschuck, CEO of <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, said: "<a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a> has consistently demonstrated clear alignment with <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>'s customer-first philosophy and our purpose of enriching the yachting experience, and we are well positioned together to accelerate the next phase of our growth. Our partnership with <a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> has been instrumental in shaping <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> into the business it is today and the strong foundation they helped build is what powers our next chapter."<img src="https://photo-assets.superyachttimes.com/photo/110555/image/large-716cf2cb0ea6417dc00080d9b9bc1783.jpg" data-gid="gid://syiq/Photo/110555">Vincent Levita, CEO of <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a>, said: “We are delighted to support <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> in this new chapter alongside its management team. The company has become a leading premium marina platform across the Mediterranean, with a strong brand, high-quality assets and a customer-first culture. This transaction is a strong fit with InfraVia’s infrastructure investment thesis and is fully aligned with InfraVia’s ambition to partner with outstanding management teams and back resilient European platforms where long-term capital can support continued growth, transformation and institutionalisation.”<img src="https://photo-assets.superyachttimes.com/photo/110552/image/large-883c6b37658ea2e5b3e65c3a13d42b87.jpg" data-gid="gid://syiq/Photo/110552"><a data-gid="gid://syiq/Company/8915" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CVC Capital Partners (Company)">CVC</a> was advised by Goldman Sachs as exclusive financial adviser and Clifford Chance as legal adviser. <a data-gid="gid://syiq/Company/8916" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infravia Capital (Company)">InfraVia</a> was advised by Morgan Stanley as exclusive financial adviser and White &amp; Case as legal adviser.

CVC to sell D-Marin to InfraVia Capital Partners

CVC has entered into an agreement to sell CVC Capital Partners VII’s stake in D-Marin to InfraVia Capital Partners.

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CVC to sell D-Marin to InfraVia Capital Partners for over €1 billion

<a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> has acquired a strategic equity stake in South of France-based yachting brokerage and management company <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>.The move aligns with <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a>'s continued development in providing services across private aviation, yachting, lifestyle and bespoke client support for an international clientele. Both companies have noted that this milestone builds on several years of close collaboration, founded on shared standards, mutual trust and a common understanding of client expectations.<img src="https://photo-assets.superyachttimes.com/photo/398542/image/large-fc3a3e0aa8d40c25fa60709314b387c2.png" data-gid="gid://syiq/Photo/398542">Founded in 2009, <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> specialises in yacht sales and purchase, charter, yacht management and consultancy services. Headquartered in Nice, the company also operates through a network of international offices across Europe and Asia. Under the new structure, the company will continue to operate under its established identity, with founder Nicolas Valin remaining as CEO.According to <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a>, the move reflects the growing demand from private clients, yacht owners and family offices seeking a single trusted partner capable of supporting their aviation, yachting, lifestyle, travel and property requirements through an integrated service offering.Clients of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> will continue to benefit from their existing relationships while gaining access to Sparfell Group's wider international ecosystem and complementary services.Commenting on the announcement, <a data-gid="gid://syiq/Person/623" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nicolas Valin, France (Person)">Nicolas Valin</a>, Founder and CEO of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>, said: "This was a natural evolution for <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>. <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> and <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> have worked closely together for several years, and we share the same values."He continued: "Joining the <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> allows us to grow internationally while preserving the identity and service culture that define <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>."Moreover, Clément Lacoste, Managing Director of <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> Lifestyle added: "Many of our clients already trust Sparfell to support them across different aspects of their lives and assets, and yachting was a natural extension of that relationship. <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> was already a trusted partner, including for shared clients, so strengthening our collaboration was a logical next step."

 Neo Yachting joins Sparfell Group

 Neo Yachting has joined Sparfell Group following the aviation group taking an equity stake in the yachting brokerage. 


Sparfell Group acquires strategic equity stake in Neo Yachting

<a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a> has acquired a majority stake in <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>, one of the Mediterranean's leading superyacht marinas, marking a new phase of growth for the Barcelona-based facility.Headquartered in Monaco with a presence in Madrid and Luxembourg, the alternative investment firm is executing a long-term strategy to build and consolidate a network of premium marinas, with the Mediterranean as its primary market. <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>’s strategy aims to elevate operational excellence and quality of service in the industry. <img src="https://photo-assets.superyachttimes.com/photo/398467/image/large-1c6311f5f283007030dbde43a2c73cb9.jpg" data-gid="gid://syiq/Photo/398467" 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;">With continuity remaining a priority, the existing <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a> management team, led by General Manager Ignacio Erroz, will remain in place to oversee the marina's continued development.The acquisition follows <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>'s transformation since 2021, during which the marina has invested more than €20 million to expand its capacity for large vessels while strengthening its international standing and raising its quality, operational efficiency and sustainability standards.Situated in the heart of Barcelona, <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a> features 73 berths, including a 400-metre quay, one of the longest in the Mediterranean, alongside the capability to accommodate superyachts of up to 190 metres in length. With this, the marina has established itself as a key destination for some of the world's largest yachts.Commenting on the acquisition, Ignacio Erroz, General Manager of <a data-gid="gid://syiq/Company/393" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Vell (Company)">Marina Port Vell</a>, said: "The involvement of <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a> is a recognition of the work carried out by the whole team over recent years and gives us the means to continue growing, whilst maintaining the excellence that defines us."He added: "We are embarking on this new phase with the ambition of consolidating Barcelona's position as one of the world's leading centres for the sector."For <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>, the acquisition represents another step in its strategy of investing in premium marinas located in world-class nautical destinations, with a focus on long-term growth across the Mediterranean."It is rare to have the opportunity to invest in a truly irreplaceable asset: a unique location in the heart of Barcelona, an internationally renowned brand and an extraordinary team," said Marcos Pellejero Ibáñez, Managing Partner of <a data-gid="gid://syiq/Company/8905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirazur Capital (Company)">Mirazur Capital</a>.

Mirazur Capital acquires majority stake in Marina Port Vell

Mirazur Capital  is now majority shareholder in Marina Port Vell, with the goal to expand network of premium marinas across the Mediterranean.


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).

Norwegian yacht brokerage firm <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts AS</a> has announced that it will take over the operations of the <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent BV</a> yacht &amp; ship brokerage. The transition is set to take effect on 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396785/image/large-11656c5f35c638490d570c2a8263141e.jpg" data-gid="gid://syiq/Photo/396785">The move follows the decision of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> founder and Chief Executive Officer Marcel Borgmann to step back from the yachting industry after more than 35 years. Established in 2010, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> has grown into an internationally recognised brokerage network. The company provides sales, charter and advisory services to yacht owners and buyers through a network of brokers across multiple countries.Under the new arrangement, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent's</a> activities will continue under the ownership and management of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, led by Managing Director Rune Riktor. The company stated that the transition is intended to ensure continuity for clients and partners while preserving the values and reputation established by <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> over the past 16 years.“Marcel has created something truly remarkable," said Rune. "<a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> earned its reputation through hard work, expertise, and an unwavering focus on clients. We are honoured by the trust Marcel has placed in us and are committed to carrying forward the values, relationships, and high standards that have defined <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for so many years.”Rune is no stranger to the brokerage house, having worked with <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for several years as both an agent and partner. According to <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, this longstanding relationship will help maintain the level of service and international reach that clients have come to expect.“I am immensely proud of what we have achieved through <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>. It has been an incredible journey, made possible by our clients, partners, and colleagues around the world,” concluded Marcel. “I have every confidence that Rune and the team at <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a> will continue this journey with the same passion and dedication that have always been at the heart of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>.”Photo courtesy of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>.

Skippern Yachts takes over Sea Independent brokerage

Norwegian yacht brokerage firm Skippern Yachts AS has announced that it will take over the operations of the Sea Independent BV.

Skippern Yachts acquires Sea Independent brokerage operations

Lai Sun Development Company Limited is selling an initial 80 percent stake in leading superyacht services provider <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons International</a>, in a transaction valuing the business at €50 million.<img src="https://photo-assets.superyachttimes.com/photo/395214/image/large-c14a422e2246a71de936781ef03d2690.jpg" data-gid="gid://syiq/Photo/395214">The agreement, signed on 28 May 2026, sees the Hong Kong-listed group divest its majority interest for an initial consideration of €40 million, subject to customary post-completion adjustments. The valuation is based on approximately 12 times FY2025 EBITDA, with management EBITDA reported at around €4.1 million.<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons International</a>is a long-established player in the global superyacht industry, offering a full range of services including yacht and charter brokerage, yacht and charter management, new build and design supervision, insurance services, corporate support, and crew placement.The company's CEO Paolo Casani commented on this agreement: "<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> welcomes this investment as an important milestone in the company’s continued &nbsp;growth. The transaction reflects strong confidence in the brand, its global platform, and the expertise &nbsp;of its team. Working alongside our existing shareholders, Lai Sun Group, we look forward to this next &nbsp;chapter and to continuing to build on our strong foundations."The buyer, Wave Expandary Limited, will acquire the stake with a guarantee provided by Sea Expandary Limited. The seller retains the remaining interest in the business under a structured shareholders’ arrangement governing future ownership.Sea Expandary Limited is ultimately linked to a newly established yacht-focused industrial platform in China. The group is associated with an initiative led by JD.com founder Richard Liu Qiangdong. In February 2026, he announced the launch of an independent yacht brand under the “Sea Expandary” name, backed by an investment of approximately USD 700 million.Read: <a data-gid="gid://syiq/Article/65463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JD.com founder Richard Liu invests $700M to establish Sea Expandary yacht brand in China (2026-02-25 10:45:00 +0100)">JD.com founder Richard Liu invests $700M to establish Sea Expandary yacht brand in China</a>The venture is understood to span R&amp;D, manufacturing, sales, brokerage and after-sales services, with a focus on new-energy propulsion systems and broader yacht industry development in the Guangdong-Hong Kong-Macao Greater Bay Area."The company will continue to operate without disruption, maintaining full continuity across its &nbsp;leadership and suite of yachting services. Clients and partners can expect the same high standards of &nbsp;service and commitment that have long defined <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>," Paolo added.As part of the agreement, both parties have agreed put and call options over the remaining stake, exercisable from 31 December 2027. Each option is estimated at €9.135 million and is linked to the original transaction valuation.For the financial year ended 2025, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> generated revenue of HK$270.7 million and recorded a net profit after tax of HK$13.1 million. Upon completion, Lai Sun expects to recognise a gain of approximately HK$91-92 million, and the business will be deconsolidated from the group’s accounts.&nbsp;Completion remains subject to customary conditions, including shareholder approvals and regulatory clearances, with a long stop date set at 30 September 2026. Lai Sun said the disposal is part of its strategy to streamline its portfolio, improve liquidity, and support working capital and debt repayment objectives."Looking ahead, this development supports the company’s long-term strategic direction, enabling &nbsp;further investment in its capabilities and strengthening its position as a leading global yachting &nbsp;business," concluded Paolo.

Wave Expandary Limited acquires Camper & Nicholsons

Lai Sun Development Company Limited is selling an initial 80 percent stake in Camper & Nicholsons International.


Camper & Nicholsons to be sold in €50M deal to Chinese billionaire-linked venture

Launched in October 2025, the 72-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> 74Steel superyacht <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> is the first flagship hull in the series. The steel-hulled motor yacht is positioned at the top of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s range and is designed to prioritise volume, outdoor living and onboard comfort across all guest areas. SuperYacht Times takes a closer look onboard to find out more. <img src="https://photo-assets.superyachttimes.com/photo/399685/image/large-b51da549db5d745f4ae0d34f9c8a5274.jpg" data-gid="gid://syiq/Photo/399685">Each hull in the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> 74Steel series features a different level of customisation, including varied interiors, layouts and bow configurations, while retaining the proven technical platform.<img src="https://photo-assets.superyachttimes.com/photo/399709/image/large-779578fa60e88ae85c597f77d187eef0.jpg" data-gid="gid://syiq/Photo/399709"><a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with the interiors of the first hull created by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a> in collaboration with <a data-gid="gid://syiq/Company/6365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Margherita Casprini (Company)">Margherita Casprini</a>.<img src="https://photo-assets.superyachttimes.com/photo/399711/image/large-1d447f9d2c202e09d53eb17918e1baad.jpg" data-gid="gid://syiq/Photo/399711">The 74Steel yacht has been developed on a pre-engineered technical platform and is offered with either diesel-electric or conventional propulsion. This arrangement enables more flexible interior layouts, particularly in the beach club and spa areas, which reach close to 290 square-metres when the transom and side platforms are deployed.<img src="https://photo-assets.superyachttimes.com/photo/399712/image/large-3826af38bd3e1c8635a450d1ddd18829.jpg" data-gid="gid://syiq/Photo/399712">“From a brand perspective, this is a pivotal moment for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>”, explained Massimo Perotti, Chairman and CEO of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Group during her launch in October 2025.&nbsp;“This is our most ambitious project and it marks a new pinnacle in our steel range. The 74Steel is more than just our largest yacht; it’s a statement of our values, representing elegance, restraint and the purity of living life at sea, the core values of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.”Read more: <a data-gid="gid://syiq/Article/64382" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo launches flagship 74Steel yacht (2025-10-06 11:00:00 +0200)">Sanlorenzo launches flagship 74Steel yacht</a><img src="https://photo-assets.superyachttimes.com/photo/399713/image/large-8d91a979fd824faceb400fc5e69388d1.jpg" data-gid="gid://syiq/Photo/399713"><a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> is characterised by sinuous forms and a vertical bow giving the yacht a distinctive profile. Moving inside, her interiors are modern and refined, with curved furniture, sculpted forms and matte wood finishes, complemented by varied marbles across her ensuite bathrooms.<img src="https://photo-assets.superyachttimes.com/photo/399707/image/large-7bc2030054f257bc745f1aea668abb27.jpg" data-gid="gid://syiq/Photo/399707">The layout of <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> has been conceived to allow seamless transitions between indoor and outdoor spaces throughout the day. Her main saloon combines a relaxed lounge and cinema area with a separate dining space that seats up to 14 guests.<img src="https://photo-assets.superyachttimes.com/photo/399705/image/large-9902a1a97fe2002fce24810874b181cb.jpg" data-gid="gid://syiq/Photo/399705">Spanning 130 square-metres, the space includes sliding glass doors on both sides, opening the space to sea views and a gentle breeze. Aft, a spectacular glass-bottomed pool bathes the beach club below with natural light, creating a calm connection to the sea.<img src="https://photo-assets.superyachttimes.com/photo/399694/image/large-767cbc8f5635eed27df952aa7bdee315.jpg" data-gid="gid://syiq/Photo/399694"><img src="https://photo-assets.superyachttimes.com/photo/399702/image/large-bfd5402543fed2a4d672b0b348afb721.jpg" data-gid="gid://syiq/Photo/399702"> <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> boasts an eight stateroom configuration for up to 12 guests. She offers a 300-square-metre private owner’s deck, with a forward-facing suite, private terrace, two bathrooms and a secluded aft dining area. Her five remaining guest staterooms are located on the main deck and include a full-beam VIP suite with a private lounge.<img src="https://photo-assets.superyachttimes.com/photo/399710/image/large-e7859a34915a2381cd88aac4caf67128.jpg" data-gid="gid://syiq/Photo/399710">Sliding panels allow the VIP’s saloon to be closed off from the sleeping area, creating an intimate retreat that feels like a private apartment. A central corridor connects each stateroom directly to the main saloon, where guests can gather in a relaxed lounge setting or enjoy an evening cinema experience with a large-format screen and bespoke seating.<img src="https://photo-assets.superyachttimes.com/photo/399637/image/large-f28523ffcdc6ee09803ec5187f2dcccb.jpg" data-gid="gid://syiq/Photo/399637"><img src="https://photo-assets.superyachttimes.com/photo/399703/image/large-56ed3c7a86d4c4bfeb460f3ebac7c4b5.jpg" data-gid="gid://syiq/Photo/399703">The lower deck of <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> houses a professional galley with a spacious crew dinette opposite. In the forward section are 11 crew cabins, while a twelfth cabin can double as a hospital berth if required. Two dedicated crew staircases also connect the lower deck to the bridge deck, ensuring smooth, efficient and discreet service throughout the yacht.<img src="https://photo-assets.superyachttimes.com/photo/399717/image/large-654d056c3db250ea099285e088759b96.jpg" data-gid="gid://syiq/Photo/399717">Her sundeck includes alfresco dining options, complemented by panoramic views. The forward seating area, with a firepit and a second hot tub surrounded by sun pads, provides a dramatic yet intimate setting for evenings at sea, while a transparent glass windbreak beneath the hardtop ensures comfort even when the breeze rises.<img src="https://photo-assets.superyachttimes.com/photo/399646/image/large-814c331d6bfe9fbeae2335083860a971.jpg" data-gid="gid://syiq/Photo/399646"><img src="https://photo-assets.superyachttimes.com/photo/399698/image/large-d55416f4cd9c4de771bb32a8aa9c2f63.jpg" data-gid="gid://syiq/Photo/399698"><img src="https://photo-assets.superyachttimes.com/photo/399697/image/large-eb72fbe57ede902ac2a6367c29ded5f6.jpg" data-gid="gid://syiq/Photo/399697">The beach club of <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> is equipped with a gym with a fold-down terrace, massage suite, sauna, hammam, cold plunge pool, hair salon and a family room for younger guests. When opened to the water, this entire area transforms into a generous waterfront retreat, close to 290 square-metres, with walkaround access.<img src="https://photo-assets.superyachttimes.com/photo/399644/image/large-fd64a0ebd4774e93343baadbcf120026.jpg" data-gid="gid://syiq/Photo/399644">There is also a sports court with flood lights on the bow, so guests can play pickleball, basketball and football at their leisure. <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> also carries multiple personal watercraft, Seabobs and Fliteboards, alongside three tenders. These include a 10-metre <a data-gid="gid://syiq/Company/4716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pascoe International (Company)">Pascoe</a> limousine tender, a <a data-gid="gid://syiq/Company/4716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pascoe International (Company)">Pascoe</a> beach lander RIB and a dedicated ski boat.<img src="https://photo-assets.superyachttimes.com/photo/399693/image/large-2ab5811882b72906bf7aa4c8da71cde0.jpg" data-gid="gid://syiq/Photo/399693">In terms of performance, <a data-gid="gid://syiq/Yacht/11729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Fox72.0m (236'3&quot;)Sanlorenzo2026">Silver Fox</a> is equipped with a diesel-electric system developed with <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens Energy (Company)">Siemens Energy</a>, relying on six variable-speed <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>–Mase generators driving twin <a data-gid="gid://syiq/Company/1131" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Schottel GmbH (Company)">Schottel</a> E-Pods, supported by a 1.5 MWh battery bank.<img src="https://photo-assets.superyachttimes.com/photo/399686/image/large-5f239ca873449a6f76b2a1fc3c0aa55f.jpg" data-gid="gid://syiq/Photo/399686">

Onboard the Sanlorenzo 74Steel superyacht Silver Fox

SuperYacht Times takes a closer look onboard the Sanlorenzo 74Steel superyacht Silver Fox to find out more.

Silver Fox: First look onboard the flagship Sanlorenzo 74Steel superyacht

The 33.91-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> sold in a deal with <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a> introducing the buyer and Cem Kuşkonmaz of <a data-gid="gid://syiq/Company/4569" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautique Yachting (Company)">Nautique Yachting</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/387155/image/large-60c3de5f5b0522e9e6fa4ae304bf61b8.jpg" data-gid="gid://syiq/Photo/387155">Delivered in 2011 as part of the <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 34M series, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> has been designed in-full by her British builder <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, which were responsible for her interior and exterior design, as well as her naval architecture.&nbsp;Spanning 225 GT, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> can comfortably accommodate up to 10 guests across a five stateroom configuration, with her master suite situated forward on the main deck, alongside two doubles and two twins on the lower deck.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</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 cruising speed of 18 knots and a top speed of 25 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> had a last known asking price of €3,900,000.&nbsp;

Final Cut: 34m Sunseeker yacht sold

The 33.91-metre Sunseeker motor yacht Final Cut sold with a last known asking price of €3,900,000.

34m Sunseeker motor yacht Final Cut sold

<a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has announced the appointment of Myriam Cutolo as Executive Vice President. <img src="https://photo-assets.superyachttimes.com/photo/400424/image/large-bb28a90401bc22ca0d567563f4dbb08e.png" data-gid="gid://syiq/Photo/400424">In her new role, Myriam Cutolo will coordinate the company’s administration, finance, organisation and business development activities, working in synergy with the management team and the heads of the various operational areas.Myriam brings with her extensive knowledge of the company, where she has developed her understanding of the organisation, its people and the processes in which it operates. An Olympic sailor and manager, her skills have been honed to complement the experience and skills of the team. <img src="https://photo-assets.superyachttimes.com/photo/400419/image/large-786015d14f715d880541f2641a598533.jpg" data-gid="gid://syiq/Photo/400419">Founded in 1995 by Sergio Cutolo and Silvia Himsolt, <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has evolved from an engineering company into a leading yacht design firm. The company has grown over the years, with the arrival of Nicola Camuffo as Chief Technical Officer (CTO) and Michele Lauriero as Chief Operating Officer (COO) in 2025.“Over more than thirty years, Sergio Cutolo built far more than a design studio: he built a culture, a vision and a wealth of expertise that today belong to all of <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>,” explained Myriam Cutolo.“My goal is not to replace my father, because a figure like his cannot be replaced, and there would be no point in trying. My role is to help ensure that what he built continues to grow and generate value through the people who lead and develop the company every day.”<img src="https://photo-assets.superyachttimes.com/photo/400421/image/large-e9c1b1f865b39b50291c37cd6dc865fe.jpg" data-gid="gid://syiq/Photo/400421">Speaking of his daughter’s transition into the role of Executive Vice President, President &amp; Founder Sergio Cutolo said: “Seeing Myriam take on this role is a source of great satisfaction for me, not only as founder but also as a father.”“What we are building together is an organisation capable of evolving while maintaining the same quality, reliability and passion that have guided us from the very beginning. That is the most important guarantee we can offer for <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>’s future.”

Hydro Tec appoints Myriam Cutolo as Executive Vice President

Hydro Tec has announced the appointment of Myriam Cutolo as Executive Vice President. 

The 33.4-metre <a data-gid="gid://syiq/Company/1419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maxi Dolphin s.r.l. (Company)">Maxi Dolphin</a> sailing yacht <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> has been sold in an in-house deal by <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>, with Tim Quinlan representing both the buyer and the seller. <a data-gid="gid://syiq/Company/1046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernard Gallay Yacht Brokerage (Company)">Bernard Gallay</a> acted as co-central agent in the transaction.<img src="https://photo-assets.superyachttimes.com/photo/93393/image/large-c02dd8a74e0d60a19510edac53f69400.jpg" data-gid="gid://syiq/Photo/93393">Delivered in 2013 by Italian shipyard <a data-gid="gid://syiq/Company/1419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maxi Dolphin s.r.l. (Company)">Maxi Dolphin</a>, <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> was designed by <a data-gid="gid://syiq/Company/3022" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Finot-Conq Architectes Navals (Company)">Finot-Conq Architectes Navals</a>, who were responsible for both her exterior design and naval architecture.&nbsp;Constructed with a GRP hull and superstructure, the sailing yacht has a beam of 8.25-metres and an interior volume of 116 GT. Accommodation onboard <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> is arranged for up to 12 guests, alongside dedicated quarters for four crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> is powered by a single <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> engine, delivering a cruising speed of 11 knots.The new owner intends to cruise and race Nomad IV in various parts of the world over the coming years, says <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.At the time of her sale,&nbsp;<a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> had a last known asking price of €4,900,000.

 33m Maxi Dolphin sailing yacht Nomad IV sold

The 33m Maxi Dolphin sailing yacht Nomad IV has been sold in an in-house deal by Ocean Independence with a last known asking price of €4,900,000.

33m Maxi Dolphin sailing yacht Nomad IV sold

Italian builder <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> has unveiled the first details of its 53-metre superyacht concept P53, developed by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>'s Research &amp; Development Department and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Centro Stile. The concept inaugurates the shipyard's P-Fleet series, offering a contemporary interpretation of the historic Picchiotti brand, while remaining below 500 GT.<img src="https://photo-assets.superyachttimes.com/photo/400402/image/large-629a01f1b1d53068e2ffcc21ae4e1e9d.jpg" data-gid="gid://syiq/Photo/400402">The P53 represents the latest evolution of the brand, signalling a departure from its more classically inspired Gentleman Fleet. The yacht embodies a more architectural design language that prioritises openness and flexibility, redefining contemporary living on the water with spaces that adapt to the modern explorer.<img src="https://photo-assets.superyachttimes.com/photo/400401/image/large-2d914901251569fc76058ca561fd1aeb.jpg" data-gid="gid://syiq/Photo/400401">With a 10-metre beam, the vessel will be built with an aluminium hull and superstructure. According to the shipyard, the P53 has been conceived to combine generous onboard volumes with efficient operation, creating a yacht that balances privacy, comfort and long-range cruising.<img src="https://photo-assets.superyachttimes.com/photo/400403/image/large-36bcc075c51630f0cecd5cfd074ecf08.jpg" data-gid="gid://syiq/Photo/400403">Outside, P53 is defined by a near-plumb bow, a sweeping glazed superstructure and expansive dark glazing that seamlessly connect the decks. Spacious aft decks, uninterrupted walkaround side decks and generous lounge areas reinforce the yacht's emphasis on outdoor living, while a resort-style beach club with fold-down platforms extends into a waterside terrace, highlighting a swimming pool.<img src="https://photo-assets.superyachttimes.com/photo/400405/image/large-4a99c6acfa5d31b71e87d9f9800ad71f.jpg" data-gid="gid://syiq/Photo/400405">The relationship between the yacht and the sea is central to the concept. The beach club, folding terraces, generous glazing and continuity between the interior and exterior are intended to create what the shipyard describes as "a concrete, physical and daily experience".<img src="https://photo-assets.superyachttimes.com/photo/400407/image/large-df6f37ceff582b3ba3416646a1eb6694.png" data-gid="gid://syiq/Photo/400407">Inside, P53 embraces a warm, minimalist aesthetic of natural wood finishes, textured fabrics and sculptural furnishings with floor-to-ceiling windows letting in abundant natural. An open-plan main saloon revolves around a floating staircase, while the owner's suite benefits from direct access to a private courtyard-style terrace. <img src="https://photo-assets.superyachttimes.com/photo/400406/image/large-daa53d1228baa068e244354e309f4f7c.png" data-gid="gid://syiq/Photo/400406">Designed for adaptability, the P53’s living spaces are able to meet the changing needs of the owner. <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> has seamlessly integrated areas for wellness, entertainment and relaxation, allowing the yacht to effortlessly flow between being a private retreat and a vibrant social space.<img src="https://photo-assets.superyachttimes.com/photo/400404/image/large-8354e2677bb64acf4a596db00ac68776.png" data-gid="gid://syiq/Photo/400404">Staying under the 500 GT threshold was a conscious design choice. This enables P53 to offer generous interior volumes without sacrificing efficiency or ease of handling, all while certifying guests feel truly connected to the sea.<img src="https://photo-assets.superyachttimes.com/photo/400400/image/large-f8ca43db82233000306fc926c7ac9212.jpg" data-gid="gid://syiq/Photo/400400">With an interior volume of 499 GT, accommodation onboard is arranged for up to 12 guests across six staterooms, alongside quarters for 10 crew members across five quarters.In terms of performance, the P53 is projected to propel at a top speed of 18 knots and a cruising speed of 14 knots. At a speed of 10 knots, she is expected to offer a range of 4,000 nautical miles.

Picchiotti unveils 53m Picchiotti P53 yacht concept

Picchiotti has unveiled 53m superyacht concept Picchiotti P53, developed by The Italian Sea Group and Picchiotti Centro Stile. 

TISG unveils 53m Picchiotti P53 yacht concept

The 25.5-metre <a data-gid="gid://syiq/Company/8931" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Yacht (Company)">Delta Yacht</a> motor yacht <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">Ferro 77</a> is currently on the market with Pantelis Stathis and Adam Levine of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is an all-aluminium build that represents a rare opportunity to acquire a yacht that is both “technologically advanced and turnkey ready.”<img src="https://photo-assets.superyachttimes.com/photo/400271/image/large-042e416a0749ce23d26bfd1684f1f61f.jpg" data-gid="gid://syiq/Photo/400271">Delivered in 2024 by the Turkish shipyard, 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 and naval architecture by <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/8930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FERKA Yacht Interior & Furniture (Company)">Ferka Yacht Interior &amp; Furniture</a>.<img src="https://photo-assets.superyachttimes.com/photo/400272/image/large-665cfddabcdbf43bcb7373c8c8725c19.jpg" data-gid="gid://syiq/Photo/400272">Constructed with an aluminium hull and superstructure, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> has a beam of 5.9-metres and a draft of 3.5-metres, allowing access to remote anchorages.<img src="https://photo-assets.superyachttimes.com/photo/400302/image/large-6d3043599779cd785d7f04425cfecd3e.jpg" data-gid="gid://syiq/Photo/400302">Outside, <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">Ferro 77</a> is defined by sleek lines and entertaining spaces across her spacious flybridge, making her ideal for both private use and charter operations. Aft, her deck features a hydraulic swim platform that grants effortless access to the water, while her bow offers dedicated areas for sunbathing and relaxation.<img src="https://photo-assets.superyachttimes.com/photo/400300/image/large-a5fd57a1f3a98a7a0589aae8263b3566.jpg" data-gid="gid://syiq/Photo/400300" 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;"><img src="https://photo-assets.superyachttimes.com/photo/400303/image/large-6e9bbbd0baf0b3f97cd0bba14c1cc3eb.jpg" data-gid="gid://syiq/Photo/400303">Stepping inside, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> welcomes guests with a contemporary interior finished in a light and neutral palette, elevated by full-height glazing that bathes her living spaces with natural light.<img src="https://photo-assets.superyachttimes.com/photo/400290/image/large-5012de86bd386c51fa239bfaaca07f1a.jpg" data-gid="gid://syiq/Photo/400290"><img src="https://photo-assets.superyachttimes.com/photo/400298/image/large-1896711a5b580ca09d5f9090babe178c.jpg" data-gid="gid://syiq/Photo/400298">Spanning 120 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=delta-yacht" rel="noopener noreferrer" target="_blank" title="">Delta yacht for sale</a> is arranged for up to eight guests across four staterooms, including a full-beam owner's suite with a private entrance. Dedicated quarters are available for four crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/400299/image/large-360a0105e4be0726bec696c3df1c7d28.jpg" data-gid="gid://syiq/Photo/400299">In terms of propulsion, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, delivering a cruising speed of 15 knots and a top speed of 23 knots. Moreover, she is equipped with stabilisers for use underway and at anchor, while solar charging supports the yacht's battery systems.<img src="https://photo-assets.superyachttimes.com/photo/400274/image/large-f1786fa85709141d256c445e720e412e.jpg" data-gid="gid://syiq/Photo/400274"><img src="https://photo-assets.superyachttimes.com/photo/400273/image/large-21b92ff0095aabee27e5cb3087b92fb0.jpg" data-gid="gid://syiq/Photo/400273">All images 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>.

 26m Delta Yacht motor yacht Ferro 77 for sale

The 26m Delta Yacht motor yacht Ferro 77, an all-aluminium build is currently on the market with IYC. 

The 39.5-metre <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta</a> motor yacht <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> ran aground off Palmanova beach on Sunday 12 July at dawn.<img src="https://photo-assets.superyachttimes.com/photo/400367/image/large-b7d594b18122e3247204866d8fae5ca2.jpg" data-gid="gid://syiq/Photo/400367">According to local news reports, the yacht remained trapped for over an hour until several towing maneuvers were performed and freed her at 06:41. <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> then left the area, with AIS showing she then cruised to El Toro.&nbsp;Launched in 2005 as part of the <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta</a> 130 series, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> features exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, while her interior was penned by <a data-gid="gid://syiq/Company/2090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luxury Projects (Company)">Luxury Projects</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/400368/image/large-fbe1b23554f87fee40103184abab8543.jpg" data-gid="gid://syiq/Photo/400368"><a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> underwent a refit in 2010 during which her systems were updated, she also regularly visits the <a data-gid="gid://syiq/Company/4473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STP Shipyard Palma (Company)">STP Shipyard Palma</a> refit facility for maintenance. Spanning 235 GT, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> can sleep up to nine guests across a four stateroom configuration, as well as a crew of five in three cabins.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</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, which give her a cruising speed of 32 knots and a top speed of 35 knots. At the time of publication, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> is showing a location of Formentera, Spain according to AIS.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/74030/image/large-4e55b39a4083f35949fb1b54013c3bd8.jpg" data-gid="gid://syiq/Photo/74030">

Mrs Grey: 40m Mangusta 130 yacht runs aground in Palmanova

The 39.5-metre Mangusta motor yacht Mrs Grey ran aground off Palmanova beach on Sunday 12 July at dawn.

40m Mangusta yacht Mrs Grey runs aground in Palmanova, Mallorca

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> has announced that the second <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 yacht <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> has been launched, following the delivery of the first hull, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a>, earlier last week. The semi-custom yacht features an extended length of 53.5-metres and a hybrid propulsion system.<img src="https://photo-assets.superyachttimes.com/photo/399950/image/large-ab3712c7050b433b0b803e8d54c031e6.jpg" data-gid="gid://syiq/Photo/399950">Built with an aluminium hull and superstructure, construction on <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> began in April 2024 with her <a data-gid="gid://syiq/Article/60101" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="53m hybrid Admiral Panorama superyacht keel laid (2024-04-04 12:00:00 +0200)">keel laying</a>, before the yacht <a data-gid="gid://syiq/Article/61701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral 53M Hybrid superyacht moves to outfitting (2024-10-10 16:00:00 +0200)">moved to outfitting</a> in October 2024. <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> features exterior design by <a data-gid="gid://syiq/Company/6288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Piredda & Partners (Company)">Piredda &amp; Partners</a>, with naval architecture penned in-house by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. Meanwhile, her interior designer, <a data-gid="gid://syiq/Company/4944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RADYCA INC (Company)">RADYCA</a>, was handpicked by the owner.<img src="https://photo-assets.superyachttimes.com/photo/400361/image/large-7aebb9b9bb1038be2cda557f786149af.jpg" data-gid="gid://syiq/Photo/400361">"M/Y <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> has been a priority new construction project for me from the very beginning," said Founder and Chairman of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> and owner’s representative Frank Grzeszczak Sr. "I have worked alongside the owner for more than 28 years on 7 deals, which 3 were new construction that he built and resold. To be part of the entire journey -- from concept and construction to today's launch and upcoming delivery --has been incredibly rewarding. Seeing a client's vision become reality is exactly why I love what I do."Spanning three decks, <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> bridges the gap between indoor and outdoor spaces, with spacious areas, high ceilings and panoramic windows. Her interiors use high quality, natural materials, including stones, wood and rough metals.<img src="https://photo-assets.superyachttimes.com/photo/400366/image/large-7cd6769be02a39cbcd70bd8ae1d7bde4.jpg" data-gid="gid://syiq/Photo/400366"><a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> is capable of sleeping as many as 12 guests across five staterooms on the lower deck, while her owner’s suite on the upper deck benefits from panoramic views on all three sides, and leads to a private forward-facing deck.In terms of performance, <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> is fitted with an <a data-gid="gid://syiq/Company/7127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="E-Motion Hybrid (Company)">E-Motion Hybrid</a> propulsion system, which consists of twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> diesel engines, four variable-speed generators, two permanent magnet electric motors and a large lithium polymer battery pack.<img src="https://photo-assets.superyachttimes.com/photo/400363/image/large-e060779ee47b5fca907dfd59062cf62e.jpg" data-gid="gid://syiq/Photo/400363">The system allows for several operating modes, such as diesel main engines and electric alternators providing power to all onboard services during navigation with the generators off, allowing the batteries to recharge. Alternatively, variable-speed generators can adjust their output based on the onboard load requirements in order to limit fuel consumption.Her batteries are complete with a ‘peak-shaving’ function, avoiding the need for activating a second or third generator during short-term load peaks. In addition, the batteries ensure the yacht can continue running even in the event of a temporary loss of shore power, preventing blackouts.

Silvia: Custom Admiral Panorama 50 yacht prepares for launch

The Italian Sea Group has announced that the second 49.5-metre Panorama 50 yacht Silvia is preparing for her launch.

Semi-custom 54m Admiral Panorama 50 yacht Silvia launched

The 49.9-metre <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> superyacht <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> has been sold, with <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence’s</a> Tom Roberts introducing the buyer and Jeremy Comport and Jack Gradus representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/10766/image/large-9b51665eea2c61a24cc6f095613dd32e.jpg" data-gid="gid://syiq/Photo/10766">Part of <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa’s</a> S501 series, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> was delivered in 2017 and features naval architecture by <a data-gid="gid://syiq/Company/7852" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massimo Visibelli (Company)">Massimo Visibelli</a>, with exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a> and interiors created through a collaboration between Paszkowski and <a data-gid="gid://syiq/Company/6365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Margherita Casprini (Company)">Margherita Casprini</a>.Her open-plan main saloon draws inspiration from 1950s design, combining raw materials with refined finishes to create a warm and inviting atmosphere. With a volume of 499 GT, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> accommodates up to 12 guests across six well-appointed staterooms. Outdoor amenities include alfresco dining, an outdoor cinema, Jacuzzi and sunlounging areas.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> 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 14 knots and a top speed of 16 knots.&nbsp;

Mergers & Acquisitions

International Marine Management acquires Atlantic Refit Center