In a statement shared on LinkedIn this morning, <a data-gid="gid://syiq/Company/113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMN Yacht Division (Company)">CMN Naval</a> announced that Iskandar Safa, the founder of its owning group <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest</a>, has died after a short battle with a serious illness. The Group shared the following statement;<img src="https://photo-assets.superyachttimes.com/photo/60097/image/large-ef06cab47f3a9ab327605bb60ede1f94.jpg" data-gid="gid://syiq/Photo/60097">"It is with deep sadness that we announce the death of our dear father, husband, brother, uncle, cousin, friend, godfather, boss and leader, Mr Iskandar Safa. A warrior to the end, he had been battling a serious illness for the last few months. He died on his feet in Mougins on 29 January 2024, surrounded by the warmth of his family and friends. The founder and driving force of our Group, Iskandar Safa dedicated his life to his family and his businesses. In keeping with his memory and values, his family will continue to maintain, preserve and develop his legacy and the industrial adventure he pioneered. We will always remember his solar energy, his benevolence, his formidable intellectual acuity, his profound kindness, his great sense of humour and his deep love for those close to him. We ask that the privacy of his family be respected during this time of mourning."Iskandar was co-founder and CEO of the <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest Group</a> that owned German shipyard <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> before its bankruptcy in 2021, in addition to <a data-gid="gid://syiq/Company/113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMN Yacht Division (Company)">CMN</a>. Raised in Lebanon, Iskandar received a civil engineering degree from the University of Beirut, before gaining an MBA from the INSEAD institute in Fontainebleau, France in 1982.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/50478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: Talking Nobiskrug with Iskandar Safa (2019-10-02 17:00:00 +0200)">Insight: Talking Nobiskrug with Iskandar Safa</a><a data-gid="gid://syiq/Article/50478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: Talking Nobiskrug with Iskandar Safa (2019-10-02 17:00:00 +0200)">An interview with SuperYacht Times in 2019</a> Iskandar shared an insight into his background and his introduction to the yachting industry with the acquisition of French shipyard in the 1990s, which he transformed from a struggling company into a thriving enterprise in the space of two years. In addition, <a data-gid="gid://syiq/Company/5541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Privinvest (Company)">Privinvest</a> had a portfolio of naval shipyards and activities also within Germany including German Naval Yards Kiel (GNYK).&nbsp;

Iskandar Safa of Privinvest has died

Iskandar Safa

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Iskanda Safa, founder of Privinvest has died.

Iskandar Safa, co-founder and CEO of Privinvest has died

Measuring in at 59.4-metres and exhibiting an unmistakable red hull, the 59.4-metre <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> superyacht <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> has been making global headlines as she travels across the world. Built for an experienced owner with passion for travel, exploration and art, the custom-built yacht is the first collaboration between <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> and <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> and offers a deeply personal interior design. <img src="https://photo-assets.superyachttimes.com/photo/395227/image/large-0dc2cb5185f15c684a05687e04968cad.jpg" data-gid="gid://syiq/Photo/395227">SuperYacht Times takes a closer look onboard <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> with Founder Francesca Muzio, and Managing Partner Luca Boldrini of <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> to discover how a design brief centred on connection and authenticity came to life. <img src="https://photo-assets.superyachttimes.com/photo/366872/image/large-c4955657a397331f622230da80ea681f.jpg" data-gid="gid://syiq/Photo/366872">“<a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> has this very robust, powerful exterior, but the moment you enter, it softens,” explained Francesca Muzio. “There’s a beautiful contrast, the strength of an explorer with the soul of a home.” <img src="https://photo-assets.superyachttimes.com/photo/395266/image/large-ec1d4f61cc32242947e899829f6b6d54.jpg" data-gid="gid://syiq/Photo/395266"><img src="https://photo-assets.superyachttimes.com/photo/395265/image/large-520e34c6e6cee5986737691cb546d418.jpg" data-gid="gid://syiq/Photo/395265">The owner of <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> has a passion for diving and sustainability, two features which are evident from the moment you step onboard. The main saloon is framed by structural columns clad in recycled nautical sailcloth, while her dining area features a sculptural table with a gear-shaped metal base and a wood top inlaid with pressed tobacco leaves. Surrounding chairs in curved wood are detailed with bronzed accents and ivory hammered leather, creating a design that defines the yacht’s onboard character. <img src="https://photo-assets.superyachttimes.com/photo/395274/image/large-07e95344530c0eee52e87e2688e66a4b.jpg" data-gid="gid://syiq/Photo/395274"><img src="https://photo-assets.superyachttimes.com/photo/395268/image/large-f299ae95b83285b23c4618adf9b45a9e.jpg" data-gid="gid://syiq/Photo/395268">At the centre of the space, two custom boomerang-shaped sofas in white chenille and dove-grey leather divide the lounge from the dining area. Functional elements are built into the space, with leather pockets and hidden storage beneath the cushions and a silk and wool rug below to mimic the branching forms of a river delta.<img src="https://photo-assets.superyachttimes.com/photo/395269/image/large-33097a9ca9e6c34c4cc32279d71d40ee.jpg" data-gid="gid://syiq/Photo/395269"><img src="https://photo-assets.superyachttimes.com/photo/395241/image/large-4284b0e1b10280faac39b4b151cfb27c.jpg" data-gid="gid://syiq/Photo/395241">“It was important to us that every material told a story,” added Luca Boldrini. “Nothing is purely decorative. Each texture, each finish, carries a connection to nature, travel or craftsmanship, ideas that are fundamental to <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a>’s spirit.” <img src="https://photo-assets.superyachttimes.com/photo/365043/image/large-31c7c7e917927e2c82afaf1e3d590134.jpg" data-gid="gid://syiq/Photo/365043">The owner’s suite of <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> includes a private office. Dubbed the “madame office”, it’s a celebration of colour and individuality. Aviation blue features prominently across her &nbsp;leather desk accessories, the raffia wallpaper-lined bookcases and the detailing on the bespoke desk chair. The desk itself has been built from natural oak with hammered bronze detailing and hand-decorated bases. <img src="https://photo-assets.superyachttimes.com/photo/395253/image/large-bb140479538c8a4506bae73017d24d93.jpg" data-gid="gid://syiq/Photo/395253"><img src="https://photo-assets.superyachttimes.com/photo/395254/image/large-5e793d7ef69f3518e71bbf21af8bf775.jpg" data-gid="gid://syiq/Photo/395254">The space is framed by decorative panels embroidered with three-dimensional orchids, while the carpet below mimics the foam of waves crashing against the shore. “This room isn’t just about work,” said Muzio. “It’s a sanctuary that is elegant, feminine and energising.”<img src="https://photo-assets.superyachttimes.com/photo/395245/image/large-284ab752d07f0ad0aedb80dc91cdfcca.jpg" data-gid="gid://syiq/Photo/395245"><img src="https://photo-assets.superyachttimes.com/photo/395243/image/large-f86c36352a28f0139a957f94c6f0d1c3.jpg" data-gid="gid://syiq/Photo/395243"><img src="https://photo-assets.superyachttimes.com/photo/395247/image/large-b01f9c97658c14ef17097059b8255de7.jpg" data-gid="gid://syiq/Photo/395247">Further guest areas onboard <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> reflect the same attention to comfort and flexibility. One twin guest stateroom features a smart sliding bed system, allowing it to convert into a double room when required. Both beds are fully integrated into the interior architecture, with upholstered headboards and matching bedside tables.<img src="https://photo-assets.superyachttimes.com/photo/395286/image/large-dd88e00906e3d7dc5f5879418c1db72c.jpg" data-gid="gid://syiq/Photo/395286"><img src="https://photo-assets.superyachttimes.com/photo/395281/image/large-72fc08138f6fded2245fdd6e8d821c7b.jpg" data-gid="gid://syiq/Photo/395281"> <img src="https://photo-assets.superyachttimes.com/photo/395270/image/large-8bd1fa3fbdf82252566d09841b782a68.jpg" data-gid="gid://syiq/Photo/395270">Materials again take centre stage, with wallpapered ceilings, leather accents and roman blinds made from raffia interwoven with metallic threads, which catch the sunlight during the day. The custom-designed carpet, made from wool and botanical silk, continues the theme of nature-inspired texture.<img src="https://photo-assets.superyachttimes.com/photo/395255/image/large-c01523280fe4b28a5db6c425c8580ede.jpg" data-gid="gid://syiq/Photo/395255"><img src="https://photo-assets.superyachttimes.com/photo/395256/image/large-fbdd6477754a5f740cacecd1a01dc54b.jpg" data-gid="gid://syiq/Photo/395256"><img src="https://photo-assets.superyachttimes.com/photo/395273/image/large-8f0a1e7f851f1eee23463a9f44c9f0fd.jpg" data-gid="gid://syiq/Photo/395273">Even the guest bathrooms have their own storyline. Here, Francesca Muzio has embraced the romance of travel with a design inspired by vintage steamer trunks, complete with &nbsp;bronze hardware, leather handles and cabinetry in warm oak and dark European maple. The washbasins are finished in Imperial Beige marble, further enhancing the refined yet &nbsp;tactile atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/395298/image/large-c4367103fda7023f8b0c6d1f6e5f9451.jpg" data-gid="gid://syiq/Photo/395298"><img src="https://photo-assets.superyachttimes.com/photo/395264/image/large-766f12a14112b6d835f5c5a8cef4c5e5.jpg" data-gid="gid://syiq/Photo/395264"><img src="https://photo-assets.superyachttimes.com/photo/395280/image/large-a5c5a8bf1fa763df6378a380e7f2b4f3.jpg" data-gid="gid://syiq/Photo/395280">Beneath her refined interiors, <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> remains a highly capable expedition yacht. With hybrid propulsion, a large Limo Tender and dive/exploration tender housed in an aft garage and with a transoceanic range of over 8,000 nautical miles, she’s fully equipped for long-range adventure. On deck, guests can enjoy a full teppanyaki bar and a spa pool on the sundeck, &nbsp;while a generous beach club connects them directly to the water. <img src="https://photo-assets.superyachttimes.com/photo/395276/image/large-32d1ccd66402dc067c5800e52a820bad.jpg" data-gid="gid://syiq/Photo/395276"><img src="https://photo-assets.superyachttimes.com/photo/395235/image/large-e7cd60bd765d93c89ab3737d38e3e61c.jpg" data-gid="gid://syiq/Photo/395235">“<a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> is not defined by ruggedness alone. She’s a yacht of contrasts,” concluded Muzio. “Strong but soft. Minimalist in some areas, but rich in storytelling. That’s what makes her unique.”<img src="https://photo-assets.superyachttimes.com/photo/395226/image/large-9fbabb99671bacdbc610d85ca73838ca.jpg" data-gid="gid://syiq/Photo/395226">According to AIS, <a data-gid="gid://syiq/Yacht/10946" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akula59.4m (194'11&quot;)Rossinavi2024">Akula</a> is currently at the Flamenco Marina in Panama. She is currently for sale with David Legrand of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/395299/image/large-5e347a3965df2fbe4b112e4051d17400.jpg" data-gid="gid://syiq/Photo/395299">

Akula: Onboard the 59m Rossinavi yacht Akula

We take a look onboard the 59m Rossinavi yacht Akula with her interior designers FM Architettura.

Onboard the 59m Rossinavi yacht Akula with her designers FM Architettura 

American shipyard <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> has announced the appointment of Tim Kershaw as its new Director of Sales, strengthening the shipyard’s focus on highly customised superyacht projects and long-term client relationships.<img src="https://photo-assets.superyachttimes.com/photo/394023/image/large-396029ab8be781064b4c7fb385a20839.jpg" data-gid="gid://syiq/Photo/394023">Kershaw joins the Seattle-based shipyard, bringing 14 years of experience in the yachting industry. Beginning his career as a crew, he later transitioned into sales and marketing roles in the last decade, having built extensive experience from brokerage to new build transactions.In his new role, Kershaw will oversee sales activity in key international markets, particularly the United States, Mexico, and Europe. He will also welcome brokers and prospective owners to <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>’s Seattle shipyard to view current in-build projects and future developments.“This is a dynamic moment for <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a>, with significant new projects underway and growing interest from experienced owners,” said Michelle Jones of <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>. “Tim’s market knowledge and hands-on background give him exactly the perspective we want at the front of our new build conversations.”Kershaw’s appointment comes as <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> progresses construction on two major projects: Discovery, a 48-metre custom yacht centred on wellness and movement, and Zembra, a 46-metre full-displacement motor yacht engineered for long-range expedition.Founded in 1967, <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> is recognised for building fully custom superyachts entirely in-house at its Seattle facilities, overseeing every stage from design and engineering through to fabrication and finishing.Commenting on his appointment, Kershaw noted that he looks forward to engaging closely with owners, family offices and brokerage houses as the shipyard continues expanding its presence within the sector of custom superyachts.

Delta Marine appoints Tim Kershaw as Director of Sales

Delta Marine has appointed Tim Kershaw as Director of Sales as the shipyard advances several custom superyacht projects.

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect, following the company’s Annual General Meeting held on 15 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">The appointment was confirmed by the Board of Directors, which also reconfirmed Tan Ning as Chairman of the Board. Anastassov succeeds Alberto Galassi, whose departure from the company was announced yesterday.Read: <a data-gid="gid://syiq/Article/66087" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors (2026-05-14 16:00:00 +0200)">Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors</a><img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-769ff4738384374b511d59651630542a.jpg" data-gid="gid://syiq/Photo/220951">Anastassov joins the group with extensive international leadership experience across the consumer, industrial and manufacturing sectors. He previously served as the President and Chief Executive Officer of Duracell and spent three decades in senior leadership roles at Procter &amp; Gamble across Europe, North America, Asia and the Middle East.In addition to his executive experience, Anastassov currently serves as a non-executive director of JS Global Lifestyle and Better Shelter, while also advising international companies and investment firms on governance and operational transformation.“It is an honour to be appointed Chief Executive Officer of a unique company built on extraordinary brands, exceptional craftsmanship and talented people,” commented Stassi Anastassov.&nbsp;“Italy is and will remain the heart of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. Our commitment is first and foremost to the strength, stability and long-term success of the Company. By serving the business well, we serve all shareholders, employees, customers and partners who contribute to <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s future.”During yesterday’s shareholder’s meeting is was announced that Tan Ning was appointed as Chairman of the Board of Directors, alongside Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer joins the board representing minority shareholder Azùr a.s.“On behalf of the Board, I thank shareholders for their continued trust and support. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> enters this next phase with strong foundations, exceptional brands and significant long-term opportunities,” added Tan Ning.&nbsp;“The Board remains fully committed to continuity, disciplined execution and the long-term development of the Group. Under Mr. Anastassov’s leadership, the Group will continue to strengthen its operational excellence, global positioning and long-term value creation while preserving the unique heritage and identity that define <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.”<img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929">Ownership tensions continueAs well as this, Reuters reported earlier today that Czech investor KKCG Maritime had submitted a request to the Italian government to assess whether <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has breached "golden power" rules designed to shield strategic assets.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.As a result of this, KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. "A request has been received and is currently being considered by the relevant departments,” explained Industry Minister Adolfo Urso.During the announcement of its new CEO Stassi Anastassov, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> said it would continue to execute its existing strategic and industrial plans while further strengthening operational discipline, global development and long-term value creation.The company’s next Board meeting is scheduled for 19 May 2026, during which it will review its first-quarter 2026 financial results.

Ferretti Group appoints Stassi Anastassov as CEO

The Ferretti Group has officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect.

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Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions

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 appointed a new Board of Directors during its Ordinary Shareholders’ Meeting held on 14 May 2026, and confirmed the departure of longtime CEO Alberto Galassi after 12 years leading the company.<img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-769ff4738384374b511d59651630542a.jpg" data-gid="gid://syiq/Photo/220951">The new board of directors was announced following today’s earlier announcement that Piero Ferrari and Stefano Domenicali had resigned yesterday evening, with immediate effect.Read:&nbsp;<a data-gid="gid://syiq/Article/66083" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti directors Piero Ferrari and Stefano Domenicali resign amid board tensions (2026-05-14 11:30:00 +0200)">Ferretti directors Piero Ferrari and Stefano Domenicali resign amid board tensions</a><img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929">Shareholders appointed Tan Ning as Chairman of the Board of Directors, while the board is expected to formally appoint Stassi Anastassov as Chief Executive Officer during a follow-up board meeting scheduled for 15 May 2026.“It is a great honor for me to be elected Chairman of the Board and wish to express my sincere gratitude to the Shareholders for their trust and continued support,” explained Tan Ning, the Chairman of the Board of Directors.“I would also like to extend my heartfelt thanks to the outgoing Board of Directors and Board of Statutory Auditors, as well as to the outgoing CEO, Mr Alberto Galassi, for work carried out during his mandate in the past twelve years.”The Shareholders’ Meeting appointed nine members to the Board of Directors, which will remain in office until the approval of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s 2028 financial statements. The board includes newly appointed Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer joins the board representing minority shareholder Azùr a.s.<img src="https://photo-assets.superyachttimes.com/photo/345521/image/large-30a3e8a5f540ae8ddee0f58d7a955771.jpg" data-gid="gid://syiq/Photo/345521">The Board of Directors is expected to approve the following proposed structure during its meeting on 15 May, which includes, &nbsp;Tan Ning as Executive Director and Chairman, Stassi Anastassov as Chief Executive Officer, and Patrick Sun, Zhu Yi, Federica Marchionni and Donatella Sciuto as non-executive independent directors.The company also proposed the formation of several governance committees, including Audit, ESG, Strategic, Nomination and Remuneration committees.Alongside the leadership changes, shareholders approved <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s 2025 financial statements, with the group reporting net new yacht revenues of €1.23 billion, up five percent year-on-year. Adjusted EBITDA increased 6.7 percent to €202.8 million, while the company reported a net cash position of €111 million.Shareholders also approved the distribution of a dividend of €0.11 per share, representing a maximum payout of approximately €37.2 million. The dividend will be paid on 17 June 2026.“The new Board of Directors represents continuity, stability and growth,” concluded Ning. “It leverages a long-term industrial vision aimed at enhancing the Group and its brands, as well as maintaining the manufacturing presence in Italy and the global commercial network, in line with the path undertaken since 2012.”

Ferretti appoints new Board of Directors

Ferretti Group has appointed a new Board of Directors and confirmed the departure of longtime CEO Alberto Galassi.

Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors

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 announced the resignation of two members of its Board of Directors, Piero Ferrari and Stefano Domenicali yesterday evening, with immediate effect.<img src="https://photo-assets.superyachttimes.com/photo/345521/image/large-30a3e8a5f540ae8ddee0f58d7a955771.jpg" data-gid="gid://syiq/Photo/345521"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed that both members had resigned from the Board of Directors, with Ferrari also stepping down from his role as Honorary Chairman and as a member of the Sustainability Committee, Remuneration Committee and the Strategy Committee; while Domenicali would be stepping down as non-executive independent director and as a member of the Nomination Committee, the Control and Risk Committee and as Chairman of the Remuneration Committee.In his resignation, Ferrari explained that his choice was dictated by his “frustration and disappointment for what [I] witnessed in past weeks.” This was derived from “various entities close to a faction [that] seem to have adopted a strategy aimed at impeding such substantive discussion and vote,” and by “some sort of arrogance throughout the tender offer process in impeding a neutral judgement on the same.”Meanwhile, Domenicali stated that the governance of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> “must reflect the highest standard of integrity and transparency” pointing out that “what I witnessed in the past weeks conflicts with the above principles and sounds in evident contrast with my perception of what <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> should be”.In January 2026, KKCG Maritime, the maritime investment arm of the Czech-based KKCG Group, launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital.However, just several days later, the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, confirmed it did not intend to support the offer and could instead increase its own shareholding.Read: <a data-gid="gid://syiq/Article/65228" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Weichai rejects KKCG tender offer for Ferretti Group shares (2026-01-23 12:59:00 +0100)">Weichai rejects KKCG tender offer for Ferretti Group shares</a><img src="https://photo-assets.superyachttimes.com/photo/370929/image/large-3ff33c68bd9eb79649851d2a92eaeb2b.jpg" data-gid="gid://syiq/Photo/370929"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed its rejection of the KKCG offer in March 2026 stating that an independent financial adviser had deemed the proposal “not attractive.” To counteract this, KKCG increased its voluntary offer raising the total potential investment to €203.3 million, up from its earlier proposal of €182.5 million.In anticipation of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Annual General Meeting, which is scheduled to take place today (14 May 2026), KKCG Maritime also announced its formal list of candidates for the Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.KKCG proposed that Alberto Galassi remain in his role as CEO to maintain continuity, with founder and Chairman of KKCG, Karel Komárek acting as Chairman of the Board. Non-executive directors included KKCG CFO Katarína Kohlmayer, Ferrari Vice-Chairman Piero Ferrari, Zain Group Vice Chairman and Group CEO Bader Al-Kharafi and Executive Director of KKCG Maritime and a Senior Investment Manager at KKCG, Kamil Zeman.KKCG also proposed four independent non-executive directors, which include President &amp; CEO of Formula 1, Stefano Domenicali, senior financial executive and board member Zuzana Prokopcová, experienced corporate and M&amp;A lawyer Jane Townsend and senior Italian-British executive Francesca Filippini Pinto.Read: <a data-gid="gid://syiq/Article/65894" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG submits candidate list for Ferretti Board of Directors following stake increase (2026-04-20 13:45:00 +0200)">KKCG submits candidate list for Ferretti Board of Directors following stake increase</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">In a statement published today, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> thanked Piero Ferrari and Stefano Domenicali for their important contribution over the years. They also stated that both resigning directors do not hold <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> S.p.A. shares and are not entitled to indemnities or other benefits resulting from the termination of their office.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> is currently controlled by Weichai Group, which holds approximately 38 percent of the company.

Ferretti directors Piero Ferrari and Stefano Domenicali resign

Ferretti Group has announced the resignation of two members of its Board of Directors, Piero Ferrari and Stefano Domenicali. 

Ferretti directors Piero Ferrari and Stefano Domenicali resign amid board tensions

<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has announced the opening of a new Monaco sales office, with Lyam Last appointed as Sales Manager. <img src="https://photo-assets.superyachttimes.com/photo/391687/image/large-d0778b32c49ad0053dc339e5e1e2cd7f.jpg" data-gid="gid://syiq/Photo/391687">Following its transition back to operating as a Dutch, family-owned business, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> is investing in stronger regional support and sales hubs in key yachting markets. Located in the heart of the Mediterranean, the new office aims to provide a direct link between international clientele and the shipyard in Oss, the Netherlands.“Our objective is to bring back the family-led dedication that defines <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>. As we plan for the future, it is important to have teams located in key yachting regions,” explained Jeroen van der Meer, CEO of <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/391690/image/large-3e2de1647b88607cc995b5f1c5f3ff52.jpg" data-gid="gid://syiq/Photo/391690">“A local presence enables closer collaboration with owners, managers, and brokers active in the region, ensuring that <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s sales operations remain grounded in the shipyard’s heritage while providing a tailored, authentic experience for the international yachting community.”Joining the Sales team, Lyam Last has been appointed as Sales Manager, bringing with him a data-driven approach to yachting. Last founded monitoring software company Nauticare and is focused on the practicalities of the yachting lifestyle.&nbsp;“I am pleased to welcome Lyam to our team; his respect for our craftsmanship and heritage ensures we are better positioned to support our owners and the brokerage community as we continue to build their lifetime dreams,” concluded van der Meer.

Lyam Last appointed Sales Manager of Heesen Yachts Monaco office

Heesen Yachts has announced the opening of a new Monaco sales office, with Lyam Last appointed as Sales Manager.

Heesen Yachts appoints Lyam Last as Sales Manager of new Monaco office

<a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker International</a> has confirmed that its current investors, Cheyne Capital and Cross Ocean Partners, will maintain the company’s existing holding structure, following <a data-gid="gid://syiq/Article/65515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker secures new ownership with KCP acquisition and new CEO (2026-03-03 12:45:00 +0100)">last month’s announcement</a> that private investment firm KCP would acquire the British shipyard.According to <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, KCP, in partnership with Lionheart Capital, was unable to complete the previously announced and agreed debt purchase and subsequent share acquisition within the required timeframe.Read: <a data-gid="gid://syiq/Article/65515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker secures new ownership with KCP acquisition and new CEO (2026-03-03 12:45:00 +0100)">Sunseeker secures new ownership with KCP acquisition and new CEO</a><img src="https://photo-assets.superyachttimes.com/photo/390574/image/large-348fdd17d47fd558b49a441521a3dcf2.jpg" data-gid="gid://syiq/Photo/390574">As a result of this, KCP was not able to finalise its funding arrangements in time, with existing lenders Cheyne Capital and Cross Ocean Partners instead stepping in to take ownership of the business, subject to regulatory approvals.Former Chief Operating Officer Steve Timms has been appointed interim CEO, with more than 25 years of experience within the company. He will lead the business while a comprehensive search for a permanent successor is conducted, while Antony Sheriff will remain involved with <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> as a Special Advisor.Earlier this year, <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> outlined a revised strategic direction aimed at repositioning the company as a leading builder in the superyacht segment. In line with this strategy, Cheyne Capital and Cross Ocean Partners plan to provide additional investment across the company’s products, operations and workforce in the coming months.(Image provided by Sunseeker.)

Sunseeker new interim CEO

Sunseeker has announced a new interim CEO Steve Timms as Cheyne Capital and Cross Ocean Partners maintain the company’s existing holding structure. 

Sunseeker ownership confirms strategy and appoints Steve Timms as interim CEO

Spanish tennis player Rafael Nadal’s investment holding company Aspemir has acquired a minority stake in <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">Ocean Platform Marinas</a> (<a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a>).<img src="https://photo-assets.superyachttimes.com/photo/388632/image/large-98c2c31382e3dfc0e426b6adc9541f6f.jpg" data-gid="gid://syiq/Photo/388632">Led by Ocean Capital Partners, <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a> specialises in the management and development of large-yacht marinas across Spain. Their shareholder base now includes Aspemir, alongside majority shareholder OCP, Grupo Empresas Matutes and investor Domingo de Torres.<a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a> currently manages large yacht marinas in Ibiza, Málaga and Seville and has several new development projects planned in different parts of the country. According to OPM, the incorporation of Aspemir strengthens the Spanish and Mediterranean identity of the project, as well as reinforcing its ties with Mallorca and the Balearic yachting community.“The incorporation of Aspemir into <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">Ocean Platform Marinas</a> represents key support for our project, through which we aim to promote large-yacht yachting with sustainable, state-of-the-art infrastructure that also fosters integration between port and city,” explained José Luis Almazán, Managing Partner of Ocean Capital Partners.<img src="https://photo-assets.superyachttimes.com/photo/168865/image/large-9a2b440ac9688c861f714ca68b203332.jpg" data-gid="gid://syiq/Photo/168865"><a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a>’s development strategy focuses on creating modern marinas that combine advanced sustainability standards with environmental protection, including measures to safeguard the marine ecosystem and Posidonia oceanica.Tennis player Rafael Nadal is the owner of the 23.95-metre 80 Sunreef Power catamaran yacht <a data-gid="gid://syiq/Yacht/10143" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Great White23.95m (78'7&quot;)Sunreef Yachts2020">Great White</a>, as well as being an ambassador for <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>. Launched in 2020, <a data-gid="gid://syiq/Yacht/10143" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Great White23.95m (78'7&quot;)Sunreef Yachts2020">Great White</a> can accommodate up to 10 guests, as well as a crew of four.

Rafael Nadal acquires stake in OPM 

Rafael Nadal’s investment holding company Aspemir has acquired a minority stake in Ocean Platform Marinas (OPM).

Rafael Nadal and Aspemir acquire stake in Ocean Platform Marinas 

<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has announced the appointment of Rolf Smith as a Sales Consultant at their Fort Lauderdale office. <img src="https://photo-assets.superyachttimes.com/photo/388237/image/large-8d9ca4f864bae6c33c2194ce7f98ea42.jpg" data-gid="gid://syiq/Photo/388237">Rolf Smith joins <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> with over 28 years of experience in luxury private aviation and 12 years in yacht sales. Based in Fort Lauderdale with strong ties to California, Rolf has worked extensively with clients from around the world, including Dubai, London, Saudi Arabia, Taiwan, China, America and Europe.&nbsp;Born and raised in Canada, Rolf transitioned from aviation to superyachts after sourcing a Feadship delivery position for a client in Geneva. Since then, his brokerage portfolio has grown organically through referrals and repeat clients.In his spare time, Rolf enjoys attending major aviation events and spending time on the water and loves sailing, boating, traveling and activities like scuba diving.&nbsp;“<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> manages the world’s largest charter fleets, has an outstanding track record, and global offices, allowing me to meet my clients wherever they are,” explained Rolf Smith when asked what makes him most excited about being part of the IYC team.&nbsp;“The <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> infrastructure is invaluable, whether a client needs brokerage, charter management, new-build oversight, or operational support. Having all those services under one roof is exciting to me and allows me to deliver the best experience to clients.”

Rolf Smith joins IYC as a Sales Consultant

IYC has announced the appointment of Rolf Smith as a Sales Consultant at their Fort Lauderdale office. 

IYC appoints Rolf Smith as a Sales Consultant

Designer <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">Germán Frers</a> and his son Mani Frers of <a data-gid="gid://syiq/Company/6718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Frers Design (Company)">Frers Design</a> have announced a design office partnership focused on production yachts.<img src="https://photo-assets.superyachttimes.com/photo/387898/image/large-95731dc90e162fc686f4a0f7aad2757f.jpg" data-gid="gid://syiq/Photo/387898">Despite leading separate practices, both Germán and Mani have regularly collaborated on projects and discussed ideas. This partnership aims to bring together both their knowledge and experience to create a solid framework for the continued development of production ranges.Both Germán and Mani will continue to lead their independent projects, which include custom sailing yachts, superyachts and advanced engineering projects, such as the 85-metre <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> <a data-gid="gid://syiq/Yacht/12001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman 85m Sloop84.9m (278'7&quot;)Royal Huisman2026">New World Sloop</a>, which <a data-gid="gid://syiq/Company/6718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Frers Design (Company)">Frers Design</a> are involved in.Read: <a data-gid="gid://syiq/Article/61787" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Frers family on their yacht design legacy (2024-10-22 09:15:00 +0200)">The Frers family on their yacht design legacy</a><img src="https://photo-assets.superyachttimes.com/photo/381750/image/large-d2691ce2d37a0b4e0fc80b25cf8bc557.jpg" data-gid="gid://syiq/Photo/381750">“This collaboration is focused on production yacht design,” explained Mani. “It allows us to work together in an area where long-term planning and development are essential, while each of us continues our independent work with the same focus and commitment as always.”<a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">Germán Frers</a> has been responsible for the exterior design and naval architecture for some of the world’s largest yachts including the 142-metre superyacht <a data-gid="gid://syiq/Yacht/9442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dragonfly142.0m (465'11&quot;)Lürssen Yachts2024">Dragonfly</a> and the 85.2-metre <a data-gid="gid://syiq/Yacht/2474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pacific X85.2m (279'6&quot;)Lürssen Yachts2010">Pacific X</a>, both built by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, and the 59-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/10970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maximus59.0m (193'7&quot;)Vitters Shipyard2023">Maximus</a>.&nbsp;“I am fortunate to be able to be selective about the projects I take on, focusing on those where I can bring together the best of everything I have learned so far,” added Germán. “Working more closely with Mani deepens a dialogue that is already stimulating and demanding, and opens new possibilities where experience and perspective build on each other.”

German and Mani Frers join forces for the design of production yachts

Designer Germán Frers and his son Mani Frers of Frers Design have announced a design office partnership focused on production yachts.

The 55-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> sold in a deal with Splinter Fangman of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> introducing the buyer and Inigo Nicholson and Ben Doof from <a data-gid="gid://syiq/Company/5463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barnes Yachting (Company)">Barnes Yachting</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/282135/image/large-65e2b2793c6051ac9c92644893e20f30.jpg" data-gid="gid://syiq/Photo/282135">Launched in 2012 as part of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> Limited Edition 180 series, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> features exterior design by <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood Design</a>, interior design penned by <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Studio Laura Sessa</a> and naval architecture by her Dutch builder, <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>.&nbsp;Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> underwent a refit in 2019 at the <a data-gid="gid://syiq/Company/590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Thunderbolt Marine (Company)">Thunderbolt Marine</a> facility in Savannah, USA, leaving her in good condition for her new owner. <img src="https://photo-assets.superyachttimes.com/photo/282134/image/large-81f814c9c39be8e01070e163a0a1b394.jpeg" data-gid="gid://syiq/Photo/282134">Spanning 672 GT, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> can comfortably accommodate up to 10 guests across five staterooms, with her ensuite master suite situated on the main deck, alongside an office and walk-in wardrobe.&nbsp;Key features onboard <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> include a touch-and-go helipad for enhanced exploration, alongside an impressive beach club complete with a steam room, large swim platform and a spacious toy garage.<img src="https://photo-assets.superyachttimes.com/photo/282136/image/large-4dd19a9d2c148652f63bd7adb79b4da2.jpeg" data-gid="gid://syiq/Photo/282136">Her split-level sundeck is equipped with a shaded dining area, bar, barbeque and a Jacuzzi, while her upper deck lounge also functions as a piano bar and saloon. Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 2000 M70 engines with 1,410 horsepower each, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> can reach a top speed of 15.5 knots and a cruising speed of 13 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> had a last known asking price of $31,900,000.&nbsp;

Step One: 55m Amels yacht sold

The 55-metre Amels superyacht Step One sold with a last known asking price of $31,900,000. 

55m Amels superyacht Step One sold

Leona Caanen sat down with Richard Hadida, long-time sailor, owner and chairman of&nbsp;<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a>, who is currently on a 16-month journey to circumnavigate the globe with fellow&nbsp;<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yacht</a>&nbsp;owners.&nbsp;Sailing around the San Blas islands off the coast of Panama is Richard Hadida, a life-long sailor and, since 2018 the owner of the UK-based <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a>. Joining Richard in the azure blue waters of Panama are another 23 <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> sailing yachts, preparing to cross the Panama Canal and head towards French Polynesia. The reason? The 2026-27 Oyster World Rally.<img src="https://photo-assets.superyachttimes.com/photo/378811/image/large-09e42b8e3770ce85e64a241b12171e1d.jpg" data-gid="gid://syiq/Photo/378811">The rally around the worldWhat started in 2013, has turned into a well-loved tradition for <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yacht</a> owners. Every two years, a group of owners set out to circumnavigate the globe together over the course of 16 months. The only requirement is owning an <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yacht</a>. When Richard took over ownership of the shipyard, the rally was well underway: “They were all in New Zealand and didn't know what was happening; they were nervous it was all going to be over.”<img src="https://photo-assets.superyachttimes.com/photo/393554/image/large-a46b63aab5a0e574b8b0b04078059147.png" data-gid="gid://syiq/Photo/393554">Almost immediately, Richard sent someone out there and said, “Look, you know, we've picked it up. We'll look after you guys. Don't worry. Everything's good.” He kept true to his promise, and, minus a pandemic-related hiccup, the rally has happened every other year. Richard notes that, throughout the past eight years “There's been lots and lots of ups along the way, but my highlight is this rally.”The route is the same each rally, starting in the Antigua harbour, heading south and through the Panama Canal before sailing towards French Polynesia, Australia and the Great Barrier Reef, followed by island hopping in Indonesia, around the Cape of Good Hope, before returning to the starting point. <img src="https://photo-assets.superyachttimes.com/photo/378813/image/large-f6e264dfd96b0c95a19266c04a03c9e9.jpg" data-gid="gid://syiq/Photo/378813">An important distinction is that the rally is not a race. Rather, it is a shared passage around the world that blends exploration with the reassurance of a structured support network. Richard emphasises that the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oysters</a> are well-cared for, “we fly out our best engineers and they fix all the little teething, little snagging issues. We know our own boats, right? We have the designs. We know every single detail.” It’s a sense of service that provides comfort for everyone involved, as well as those at home.<img src="https://photo-assets.superyachttimes.com/photo/393558/image/large-f6540711463b84f7c7f3daf1d2f48eb0.jpg" data-gid="gid://syiq/Photo/393558">Partaking in tradition“It’s always been in my mind's eye, partaking in the rally, as something I'd love to do.” Discussing the ideal timeline with his wife, they were considering either 2028 or 2030, “suddenly we were like, why wouldn't we do it now?” Richard shares, “it was like a revelation.” Thus began the preparations for the 2026 rally onboard his <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> 885, <a data-gid="gid://syiq/Yacht/6352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lush27.08m (88'10&quot;)Oyster Yachts2012">Lush</a>.<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a> are built for what Richard describes as ‘blue water’ capability: yachts designed for long distance ocean passage. Construction quality, redundancy in systems and a focus on safety all play a role in enabling owners to undertake global voyages with confidence. Richard’s yacht, <a data-gid="gid://syiq/Yacht/6352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lush27.08m (88'10&quot;)Oyster Yachts2012">Lush</a>, has crossed the Atlantic twenty times, “she’s twelve years old and she’s already circumnavigated once before. You feel the strength and the security when you’re sailing.”<img src="https://photo-assets.superyachttimes.com/photo/393555/image/large-0abb38e810c7944d433ff5b80a391cf3.jpeg" data-gid="gid://syiq/Photo/393555">Yet despite this capability and the trust in the build, each participating yacht and its crew need to undergo a certain level of training. Participants spend up to a year attending seminars and training sessions covering everything from offshore navigation to safety procedures. Survival courses, fire training and life raft drills form part of the preparation, ensuring that every sailor understands how to respond in an emergency.Additionally, weather routing specialists monitor conditions throughout the voyage, advising the fleet and each vessel carries satellite tracking equipment so that the rally organisers can follow the fleet’s progress in real time.<img src="https://photo-assets.superyachttimes.com/photo/396105/image/large-8b5d727cc491eebd0fb5df4f2d7b05e6.jpg" data-gid="gid://syiq/Photo/396105">Slow sailingCircumnavigation can be completed far faster than 16 months. The <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> World Rally intentionally chooses a slower rhythm. The aim is not simply to cross oceans but to absorb the places along the way. “There’s something about travelling slowly,” Richard notes. “You cover every mile and you feel the world changing around you. The temperature shifts, the time zones change, and you understand exactly where you are.”Weeks have been spent among the San Blas Islands, an archipelago of more than 300 islands, where instead of rushing onward, the fleet lingered for days, exploring remote anchorages and travelling inland to jungle waterfalls between sailing passages.The ability to enjoy such slow travel is thanks to certain luxuries the likes of Starlink, which keep Richard and fellow sailors connected to life back home. While the bulk of time is spent sailing and adventuring with his wife, sons and crew, there’s also the opportunity to take work calls. “It’s extraordinary,” Richard notes, “you can go on an adventure in the middle of the day, come back to the boat, and carry on with work.” True to his word, Richard ends our call to go crocodile-spotting with his youngest son.<img src="https://photo-assets.superyachttimes.com/photo/393556/image/large-6feb41da1249d7e2cef2c14e05ea49e7.jpg" data-gid="gid://syiq/Photo/393556">Travelling with purposeA newer dimension of the rally is the concept of regenerative tourism, an approach that encourages sailors to leave a positive impact on the destinations they visit. Unlike traditional sustainability initiatives that focus primarily on reducing harm, regenerative tourism seeks to actively improve the environments and communities encountered along the way.&nbsp;Activities range from environmental awareness projects to supporting local conservation initiatives. “It could be awareness, it could be picking up plastic, it could be supporting conservation,” Richard explains. “The idea is that we leave a place slightly better than we found it.”One upcoming stop highlights that ambition. In the Galápagos Islands, the fleet will host a series of discussions led by Sarah Darwin, the great-great-granddaughter of Charles Darwin, who is involved in ecological restoration projects in the archipelago. <img src="https://photo-assets.superyachttimes.com/photo/396091/image/large-94301c4c375b86a2cd7253c448878fd6.jpg" data-gid="gid://syiq/Photo/396091">A family voyagePerhaps the most striking element of Richard’s participation is that he gets to share it with his wife and youngest son, who are also onboard <a data-gid="gid://syiq/Yacht/6352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lush27.08m (88'10&quot;)Oyster Yachts2012">Lush</a>. “My two older sons are now 21 or 19, but when they were like 10, I was watching them jump off the side, and now I've got my two-year-old growing up on the same boat; I love that.”“I’m not someone who likes disposable things,” he says. “This boat has memories in it. My children have grown up on board.” <img src="https://photo-assets.superyachttimes.com/photo/396104/image/large-e045835f24ba5410d34358ef61375d82.jpg" data-gid="gid://syiq/Photo/396104">A year of sailingHaving started the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> World Rally this January in Antigua, the sailors are, at time of writing, well underway towards the Galápagos islands and tend to be very happy there is still so much sailing to go.For many sailors, the end of the journey arrives with mixed emotions: some find it difficult to return to land after spending all this time out at sea. Richard understands the sentiment, “once you begin to experience the world at the pace of a sailing yacht, the idea of rushing through it again feels strangely unfamiliar. You realise the world is vast, and you’re seeing it properly.”&nbsp;The <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> World Rally may follow a charted route around the globe. Yet for those onboard, the real voyage lies in discovering how large, and yet how connected, that world can be. “There’s something magical about it,” Richard notes.<img src="https://photo-assets.superyachttimes.com/photo/393550/image/large-3d80ac007ca3f58263d6eac9af835c80.png" data-gid="gid://syiq/Photo/393550">

Richard Hadida Oyster World Rally 2026

Richard Hadida, long-time sailor and owner & chairman of Oyster Yachts joins the 2026 Oyster World Rally onboard 27m Lush.

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Richard Hadida: A 16-month circumnavigation onboard his 27m yacht Lush

The 23.64-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht&nbsp;<a data-gid="gid://syiq/Yacht/17147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ma Belle 23.64m (77'7&quot;)Azimut Yachts2022">Ma Belle</a> is currently for sale with Sotiris Konstantakis of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> and <a data-gid="gid://syiq/Company/5642" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Israel (Company)">Azimut Israel</a>.<img src="https://photo-assets.superyachttimes.com/photo/395602/image/large-3e59bda09a78b4870acd88f342f600d5.jpg" data-gid="gid://syiq/Photo/395602">Delivered in 2022 by the Italian shipyard, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> hails from <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>'s popular 78 Fly series. She features exterior design by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. Her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>.<img src="https://photo-assets.superyachttimes.com/photo/396179/image/large-f9cd0b9f267bea5d05fdd41af6a24c93.jpeg" data-gid="gid://syiq/Photo/396179">Constructed with a GRP hull and superstructure, the flybridge <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> boasts sleek exterior lines and expansive glazing.<img src="https://photo-assets.superyachttimes.com/photo/396178/image/large-0c5302e736fece7e4200d53af7308293.jpeg" data-gid="gid://syiq/Photo/396178">Outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> boasts generous deck spaces comprising a foredeck lounge with sunpads and lounge seating for guests to soak in the sun while enjoying the ocean views. Moreover, entertaining is centred around a flybridge with a hard top that is among the largest in her class, fitted with a wet bar, shaded dining areas, and an aft cockpit overlooking the water.<img src="https://photo-assets.superyachttimes.com/photo/396180/image/large-d9a173157849750dd7abddca70fc3b71.jpeg" data-gid="gid://syiq/Photo/396180">Inside, 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> boasts a <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a> contemporary interior, characterised by light oak finishes, neutral furnishings and large windows letting in plenty of natural light throughout her living spaces. Thanks to an open-plan layout, the interior feels bright and welcoming, while guest accommodation continues the yacht's minimal design language.<img src="https://photo-assets.superyachttimes.com/photo/396161/image/large-48260c8dd61b698546207b60097844d7.jpg" data-gid="gid://syiq/Photo/396161"><img src="https://photo-assets.superyachttimes.com/photo/396198/image/large-1d88b3e41a625dd9360d9d405b404aaf.jpg" data-gid="gid://syiq/Photo/396198">Additional key features onboard include a Seakeeper stabilisation system for comfort underway and at anchor, joystick docking, and a Bose home cinema system in both her main saloon and master suite, alongside an improved toy storage thanks to her IPS configuration.<img src="https://photo-assets.superyachttimes.com/photo/396165/image/large-20dd5d4dcbf67e1e4cd42141f902132f.jpg" data-gid="gid://syiq/Photo/396165">With a beam of 5.75-metres and an internal volume of 62 GT, accommodation onboard the <a data-gid="gid://syiq/Yacht/17147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ma Belle 23.64m (77'7&quot;)Azimut Yachts2022">yacht Ma Belle for sale</a> is arranged for up to eight guests across a four-stateroom layout, including a full-beam master suite. Dedicated quarters are provided for a crew of four, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/396166/image/large-4ed6d7a695ecaac60d57cc8d62107bdc.jpg" data-gid="gid://syiq/Photo/396166"><img src="https://photo-assets.superyachttimes.com/photo/396173/image/large-84307e5a467493cc8b76a71fc3373457.jpg" data-gid="gid://syiq/Photo/396173">In terms of performance, the <a data-gid="gid://syiq/Yacht/17147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ma Belle 23.64m (77'7&quot;)Azimut Yachts2022">yacht Ma Belle 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> IPS engines, delivering a cruising speed of 24 knots and a top speed of 33 knots.<img src="https://photo-assets.superyachttimes.com/photo/396200/image/large-81d005e5fc6910a8ad6a4d12d03b6f84.jpeg" data-gid="gid://syiq/Photo/396200">

24m Azimut yacht Ma Belle for sale

For more than 150 years, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has built its reputation on engineering excellence, delivering some of the world's most iconic superyachts. Yet behind the celebrated new-build programme lies another cornerstone of the German shipyard's offering: a comprehensive refit and services division that combines the same craftsmanship, innovation and technical expertise with a proactive approach to yacht ownership.<img src="https://photo-assets.superyachttimes.com/photo/395685/image/large-6c0d99789964811f27b5ed79d23b7e34.jpg" data-gid="gid://syiq/Photo/395685">Operating across one of the largest yacht-building infrastructures in the world, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s refit capabilities are available not only to yachts built by the shipyard itself, but to the entire global fleet. From routine maintenance and scheduled surveys to major conversions and sustainability upgrades, the shipyard has positioned itself as a destination for owners seeking complex solutions delivered to the highest standards.Scale, expertise and innovation<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s shipyard network spans northern Germany, supported by a design centre in Croatia and a sales office in Fort Lauderdale. At the heart of its refit operation is the former <a data-gid="gid://syiq/Company/3" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blohm & Voss GmbH (Company)">Blohm &amp; Voss</a> shipyard in Hamburg, acquired by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> in 2016.Covering 451,000 square-metres and featuring seven docks, the Hamburg facility represents approximately 40 percent of the Group's total shipyard footprint. With Lürssen's legacy for complex new-build projects at its other facilities, owners benefit from the same level of engineering knowledge, project management expertise and highly skilled workforce responsible for delivering some of the industry's most advanced yachts.This integration creates a distinct advantage when tackling technically demanding projects. Whether undertaking a major structural modification, a complete interior transformation or a full vessel conversion, clients gain access to the resources and experience of a shipyard accustomed to solving complex engineering challenges.Since acquiring the Hamburg site, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has redelivered nearly 100 yachts, with close to half a kilometre of yachts undergoing refit work at the facility during the past 12 months alone.<img src="https://photo-assets.superyachttimes.com/photo/395684/image/large-e860b8408cb8573130a03c0e4ccc63a4.jpg" data-gid="gid://syiq/Photo/395684">A solution for every ownerWhile commissioning a custom new-build remains the ultimate expression of yacht ownership, lengthy construction schedules are often an unavoidable reality. For owners seeking a faster route to a highly personalised yacht, refit and conversion projects offer a compelling alternative.By identifying the right platform and investing in a carefully planned transformation, owners can create a yacht tailored to their individual requirements within a significantly shorter timeframe than a new construction project.The opportunities extend far beyond cosmetic upgrades. Leveraging its commercial shipbuilding heritage, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> is increasingly involved in large-scale conversion projects, transforming robust offshore and industrial vessels into capable exploration yachts designed for extended global cruising.These vessels, originally engineered to operate in demanding environments, provide strong foundations for owners seeking expedition capabilities without compromising on comfort, luxury or autonomy.<img src="https://photo-assets.superyachttimes.com/photo/395663/image/large-fff7a51890ff3bb2699f3ff16be929a6.jpg" data-gid="gid://syiq/Photo/395663">Advancing sustainability through practical solutionsAs environmental considerations continue to shape the future of yachting, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Refit &amp; Services is also helping owners reduce operational emissions through carefully assessed sustainability programmes.Every project begins with detailed feasibility studies, ensuring proposed upgrades align with the yacht's operational profile and owner requirements. Rather than prescribing a single solution, the shipyard focuses on identifying the most effective measures for each individual vessel.Depending on the programme, improvements can range from LED lighting upgrades and intelligent motion-sensing systems to advanced heat recovery technology and sophisticated energy management platforms that optimise onboard power consumption.Many of these initiatives can be incorporated into larger refit schedules, allowing owners to enhance efficiency while minimising disruption to cruising plans.<img src="https://photo-assets.superyachttimes.com/photo/395686/image/large-760964d6aac379d57a85ccebad544ef4.jpg" data-gid="gid://syiq/Photo/395686">Supporting yachts beyond the shipyard<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s commitment to owners extends well beyond the completion of a refit project. Through its Fast Operations and Response Unit (FORU), the shipyard provides global technical support for large yachts, with specialist teams regularly deployed to resolve operational issues around the world.Many repairs can be completed remotely, at anchor or alongside, reducing downtime and ensuring yachts remain where they are intended to be: on the water and in active use.This lifecycle-focused approach is further supported by dedicated maintenance planning, extensive spare parts inventories and round-the-clock assistance, giving owners access to the expertise of one of the industry's most experienced shipbuilding organisations wherever their yacht may be operating.<img src="https://photo-assets.superyachttimes.com/photo/395662/image/large-55a116c30cdaae0fb2a686b8dc25cbbc.jpg" data-gid="gid://syiq/Photo/395662">A partner for the global fleetFrom scheduled class surveys and technical upgrades to complete vessel conversions, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s refit division offers owners access to the same standards of engineering, craftsmanship and project execution that have defined the shipyard's new-build programme for generations.For owners seeking to extend a yacht's lifespan, improve performance or unlock new capabilities, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Refit &amp; Services provides a pathway to maximise value while ensuring vessels continue to evolve alongside the demands of modern ownership.As the shipyard continues to expand its refit activities, one message remains clear: regardless of where a yacht was originally built, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s expertise is available to the entire global fleet.

Lürssen refit yacht shipyard 

For more than 150 years, Lürssen has built its reputation on engineering excellence, delivering some of the world's most iconic superyachts.

Why owners are turning to Lürssen for complex refit and conversion projects

Italian yacht builder <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> has announced the launch of the 69.7-metre custom superyacht <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona.<img src="https://photo-assets.superyachttimes.com/photo/396076/image/large-f645ec7c3870794ae7ea2c24efb1c285.jpg" data-gid="gid://syiq/Photo/396076"> <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> was first announced in September 2023, with the yacht seen outside the shed for the first time in May 2024 when she was transported to the yard in Ancona for outfitting.Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> brings together <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s Superyacht Division, with <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack Yacht Design</a> which were responsible for her exterior lines, preliminary naval architecture and general arrangement.<img src="https://photo-assets.superyachttimes.com/photo/396084/image/large-79814660dbb43f8d0e8e324159c49142.jpg" data-gid="gid://syiq/Photo/396084">Also known as CRN 145, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> is characterised by a classic elongated bow and a sleek profile, which paired together mirror the graceful lines of sailboats. This is complemented by her gently curved bilges and seamless surfaces, as well as a classic colour scheme of a deep blue hull, and white superstructure, accented by a red bootstripe close to her waterline.&nbsp;Milan-based <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a> developed both her interior concept and the exterior social spaces, while <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> has overseen the yacht’s engineering, the final definition of naval architecture and general arrangements, as well as overall project management through to delivery.<img src="https://photo-assets.superyachttimes.com/photo/396083/image/large-aec99c9840f00e343e94d23e14244c47.jpg" data-gid="gid://syiq/Photo/396083">Her interior design has been developed around the relationship between functionality and aesthetics, with attention given to detailing and material selection. <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a> has worked closely with the shipyard throughout the design and production phases, focusing on both the overall architectural layout of the spaces and the finer elements of detailing.Read more:&nbsp;<a data-gid="gid://syiq/Article/63921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Crossing Borders: Building Project Thunderball (2025-07-30 12:30:00 +0200)">Crossing Borders: Building Project Thunderball</a><img src="https://photo-assets.superyachttimes.com/photo/396080/image/large-9d23deb9c676e32f776e64466ff9ace2.jpg" data-gid="gid://syiq/Photo/396080"><a data-gid="gid://syiq/Company/259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y.CO (Company)">Y.CO</a> acted as the owner’s representative and project management team, providing technical oversight throughout the build. Working alongside the shipyard, they coordinated third-party suppliers and managed inspection, supervision and acceptance processes to ensure alignment with the owner’s requirements.With an 11-metre beam and a gross tonnage of 1,100 GT, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> is designed to accommodate up to 12 guests, across an owner’s suite and five VIP staterooms. Crew accommodation is also provided for up to 15 across nine cabins.<img src="https://photo-assets.superyachttimes.com/photo/396078/image/large-f68150a34f94cc582fcde37465b002da.jpg" data-gid="gid://syiq/Photo/396078"><a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a>’s onboard systems have been integrated into her design wherever possible, with components concealed or visually adapted to suit their surroundings. The emphasis has been placed on functionality and finish rather than overt technical expression.<img src="https://photo-assets.superyachttimes.com/photo/396077/image/large-c0b8e301d15dbf764d62c2c8e690adaa.jpg" data-gid="gid://syiq/Photo/396077">From a technical perspective, the yacht is equipped with an Energy Storage System intended to manage onboard energy flows according to operational requirements. The system is designed to enable peak shaving and silent operation at anchor, contributing to reduced fuel consumption in certain operating modes.<img src="https://photo-assets.superyachttimes.com/photo/396079/image/large-1aeed783f66388ce1b6a27c69b7e10a6.jpg" data-gid="gid://syiq/Photo/396079">In terms of propulsion, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> V12 engines, rated at 1,213kW each, giving the yacht a top speed of 15.5 knots and a cruising speed of 12 knots.In the coming months, work will continue on <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a>'s interior and exterior outfitting, as well as sea trials, before handover to her owner, which is scheduled for summer 2026.(Images courtesy of CRN Yachts.)

Project Thunderball: 70m custom CRN yacht launched

CRN has announced the launch of the 69.7-metre custom superyacht Project Thunderball from the Ferretti Group Superyacht Yard in Ancona. 

70m custom CRN yacht Project Thunderball launched

The 35-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">Pantera</a> is for sale with Hans Van Doornmalen and Antonio de Yturbe Redo of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. Currently located in Genoa, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is presented to the market following the completion of her five-year <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> Special Survey in April 2026.<img src="https://photo-assets.superyachttimes.com/photo/5788/image/large-cd91f7e1100ccec73d209ce592134c0e.jpg" data-gid="gid://syiq/Photo/5788">Delivered in 2019 by <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>, <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">Pantera</a> hails from the Azimut Grande 35 Metri series. She 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>, with interiors penned by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. Her naval architecture was crafted by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>.<img src="https://photo-assets.superyachttimes.com/photo/197780/image/large-0e8b303d5d903eb1e036ff7f2977fda2.png" data-gid="gid://syiq/Photo/197780" 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);">Constructed with a GRP hull and superstructure, the tri-deck <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of 7.5-metres and a draft of 1.91-metres.<img src="https://photo-assets.superyachttimes.com/photo/197781/image/large-32dba33fa1de7312d31a3a9fc56a3fef.png" data-gid="gid://syiq/Photo/197781">On deck, the <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">yacht Pantera for sale&nbsp;</a>offers a range of outdoor living spaces for socialising and relaxation. Across her tri-deck layout, guests may unwind in her lounging and dining areas or soak in the sun and panoramic ocean views on her beach club. Moreover, a private fold-out balcony extends from the owner’s suite, providing a closer connection to the sea.<img src="https://photo-assets.superyachttimes.com/photo/197775/image/large-72f57b8de49b7bdca254d11343b3205d.png" data-gid="gid://syiq/Photo/197775">Inside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> embraces a contemporary interior defined by soft curves and a neutral palette. Her main saloon is arranged to create a calm and residential-style atmosphere, with expansive glazing letting in plenty of natural light as well as the views of the surrounding seascape.<img src="https://photo-assets.superyachttimes.com/photo/197777/image/large-14ffea822a92c36029b3d53bb741ef04.png" data-gid="gid://syiq/Photo/197777"><img src="https://photo-assets.superyachttimes.com/photo/197778/image/large-21e9da334ee478dd1bd369f3aa2a232f.png" data-gid="gid://syiq/Photo/197778">Accommodation onboard the 269 GT <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is arranged for up to 12 guests across five well-appointed staterooms. Dedicated quarters are provided for up to seven crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/197776/image/large-7e4c7a00953cb475cee382e8d309763f.png" data-gid="gid://syiq/Photo/197776">In terms of propulsion, <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">Pantera</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 deliver a cruising speed of 21 knots and a top speed of 25 knots. Images courtesy of&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.&nbsp;

Azimut motor yacht Pantera for sale

The 35m Azimut motor yacht Pantera has been listed for sale with Edmiston, featuring a tri-deck layout and Italian design

35m Azimut motor yacht Pantera for sale

The 27.74-metre classic American fantail motor yacht <a data-gid="gid://syiq/Yacht/17146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Innisfail27.74m (91'0&quot;)Mathis Yacht Building Co1939">Innisfail</a> is on the market. Delivered in 1939, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> was previously known as&nbsp;El Presidente and is a World War II veteran that has served numerous U.S. Presidents throughout her distinguished history.<img src="https://photo-assets.superyachttimes.com/photo/396006/image/large-3b68220f51968e137a482967995301ff.jpg" data-gid="gid://syiq/Photo/396006">Built by the <a data-gid="gid://syiq/Company/3718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mathis Yacht Building Co (Company)">Mathis Yacht Building Company</a> to a design by <a data-gid="gid://syiq/Company/7973" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="John Trumpy (Company)">John Trumpy</a>, <a data-gid="gid://syiq/Yacht/17146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Innisfail27.74m (91'0&quot;)Mathis Yacht Building Co1939">Innisfail</a> benefited from a refit in 2007. With a volume of 89 GT, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> can accommodate up to six guests across three staterooms, including an owner's suite. Additional accommodation is provided for crew in three cabins, and the yacht has also undergone USCG inspection for up to 65 passengers.<img src="https://photo-assets.superyachttimes.com/photo/395998/image/large-978eb619bd65e81b341f5af323e7707e.jpg" data-gid="gid://syiq/Photo/395998"><img src="https://photo-assets.superyachttimes.com/photo/396000/image/large-ae65ebbb1f6c5ba88492386034c76d6e.jpg" data-gid="gid://syiq/Photo/396000">Constructed with a wooden hull, the <a href="https://www.superyachttimes.com/yachts/innisfail" target="_blank">yacht Innisfail for sale</a> offers a warm and inviting interior characterised by classic craftsmanship and a homely atmosphere. The main saloon is bathed in natural light thanks to generous windows and features comfortable seating areas for relaxation. Throughout the interior, white finishes are complemented by rich wood detailing.<img src="https://photo-assets.superyachttimes.com/photo/396001/image/large-0b6d9b81abc5102f8690cf1657da81b6.jpg" data-gid="gid://syiq/Photo/396001"><img src="https://photo-assets.superyachttimes.com/photo/395996/image/large-34b2097d40b1cc40afcbc703baddfed3.jpg" data-gid="gid://syiq/Photo/395996">Moving outside, guests can enjoy a spacious aft deck designed for alfresco dining and entertaining, with uninterrupted views of the surrounding seascape. Additional lounging areas can be found on both the flybridge and foredeck, providing multiple spaces from which to enjoy life on the water.<img src="https://photo-assets.superyachttimes.com/photo/396008/image/large-2ae8ac48e58ddf9228b76cdf7db3a282.jpg" data-gid="gid://syiq/Photo/396008"><img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/396003/image/large-84acaaa6a5d339505847c03ef5b6bac4.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260604%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260604T052453Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=78a610fb80018ba7b5b608f648569120041a307c7da8d1359f04af42ef9a57d5" data-gid="gid://syiq/Photo/396003">In terms of performance, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=mathis-yacht-building-co" target="_blank">Mathis yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engines, delivering a cruising speed of 8 knots and a top speed of 11.5 knots.

motor yacht Innisfail for sale

The 27.74-metre classic American fantail motor yacht Innisfail is on the market.

28m pre-war classic yacht Innisfail for sale

<img src="https://photo-assets.superyachttimes.com/photo/396010/image/large-f907bd3a032d83f09dcd6772bcbe659d.jpg" data-gid="gid://syiq/Photo/396010">The 67.15-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> support vessel <a data-gid="gid://syiq/Yacht/4532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalm67.15m (220'4&quot;)Damen Yachting2014">Kalm</a> was spotted cruising off Málaga last Saturday.Previously named 6711 Geo and Dapple, she was delivered by her builder in 2014. The vessel features exterior design by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting’s</a> in-house team, while her interiors were created in collaboration with British designer <a data-gid="gid://syiq/Company/2091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Berryman Design Ltd (Company)">Mark Berryman</a>.<a data-gid="gid://syiq/Yacht/4532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalm67.15m (220'4&quot;)Damen Yachting2014">Kalm</a> benefitted from a refit at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a> in Barcelona between 2023 and 2024. She can accommodate up to 20 crew, including the captain. Notable onboard features include a built-in decompression chamber, a dive store comparable in quality to those found on military vessels, a fully commercial helideck with a maximum take-off weight of 4,850 kilograms, and an expansive aft deck dedicated to watercraft operations, including space for a submarine.In terms of performance, <a data-gid="gid://syiq/Yacht/4532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalm67.15m (220'4&quot;)Damen Yachting2014">Kalm</a> is powered by four engines, enabling a cruising speed of 15 knots and a top speed of 22 knots.

Damen support vessel Kalm in Málaga

The 67.15-metre Damen Yachting support vessel Kalm was spotted cruising off Málaga last Saturday.

67m Damen Yachting support vessel Kalm in Málaga

The largest yachts in Saint Tropez

We take a look at some of the largest yachts recently in Saint Tropez below.

Spotted: The largest yachts in Saint Tropez

<a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> has announced the launch of the first 49.9-metre <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50 yacht</a> from its shipyard in La Spezia, Italy. The yacht is the debut unit in the Italian shipyard’s new FAST50 series, introducing a new generation of aluminium superyachts combining high-performance, generous volumes, and aggressive styling.<img src="https://photo-assets.superyachttimes.com/photo/395886/image/large-26d5b7f1e0ee1e363785c3eb868454d2.jpg" data-gid="gid://syiq/Photo/395886" 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;"> The <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50 yacht</a> was first unveiled as <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a>’s flagship fast yacht concept in February 2024, combining the performance capabilities of the shipyard’s historic aluminium builds with the volumes and liveability typically associated with larger displacement yachts. <a data-gid="gid://syiq/Article/59694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto introduces Francesco Paszkowski-designed X50 and FAST50 superyachts (2024-02-08 15:45:00 +0100)">Read: Baglietto introduces Francesco Paszkowski-designed X50 and FAST50 superyachts</a> According to her builder, the model has been developed to reinterpret through a contemporary lens the legacy of iconic Baglietto fast yachts such as <a data-gid="gid://syiq/Yacht/1635" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adler36.0m (118'1&quot;)Baglietto S.p.A.1987">Adler</a>, Pachamama and the Compasso d’Oro-winning <a data-gid="gid://syiq/Yacht/2036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monokini44.0m (144'4&quot;)Baglietto S.p.A.2013">Monokini</a>. “With the <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50</a>, we wanted to reinterpret <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a>’s most authentic DNA- that of the large, high-performance aluminium yachts that shaped the shipyard’s history- translating it into a contemporary platform capable of combining performance, comfort and extraordinary liveability,” commented Fabio Ermetto, Chief Commercial Officer at <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a>. “This project perfectly represents our vision: sporty yachts with a strong identity, yet architecturally and technically advanced, and deeply tailored around the owner’s lifestyle.” Built entirely in aluminium, the FAST50 features exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a>, who also collaborated with <a data-gid="gid://syiq/Company/6365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Margherita Casprini (Company)">Margherita Casprini</a> on the interior design. Her naval architecture was crafted by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">Pierluigi Ausonio Naval Architecture</a>.<img src="https://photo-assets.superyachttimes.com/photo/395885/image/large-0f0cbb8a980f43063a7800f391c1bc74.jpg" data-gid="gid://syiq/Photo/395885" 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);">Throughout the project, <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> has drawn inspiration from the automotive sector, with integrated air intakes, sports car-inspired stern fairleads and a bespoke “Porsche Chalk” hull colour developed using a custom Boero paint cycle.A key feature of the <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50</a> is her two-level stern, which is fitted with several innovative features introduced on the T-line, including the yard’s signature fold-down bulwarks that extend the beach club area closer to the water, alongside a hidden transformer replacing the traditional passerelle to keep the yacht’s sleek look. In addition, the yacht’s indoor and outdoor areas are seamlessly connected thanks to her full-height windows and Baglietto’s signature “cut-out” bulwarks, which strengthen connection to the sea.On her upper deck, a veranda that opens on three sides hosts a panoramic dining room, while her foredeck features a lounge area, sunpads and a Jacuzzi located at the bow. Moreover, a rooftop, rare for yachts of her category, serves as a private retreat where guests can dine, lounge, and relax.Furthermore, a stern garage with a flooding launch system is capable of accommodating a tender up to seven-metres, alongside a second garage forward.The yacht's interiors have been designed to complement the exterior design. Lacquered surfaces, experimental woods such as burnt oak, and artistic lighting all harmoniously contribute to her contemporary design profile. Lightweight materials were favoured over heavier marble and natural stone to support the yacht's high-performance credentials, with even the exterior handrails crafted from titanium to optimise weight.Unlike many of the shipyard’s earlier fast yachts, the <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50 yacht</a> has been developed across three full decks, featuring a wide-body owner's suite on the main deck.&nbsp;At an interior volume of 499 GT, accommodation onboard is arranged across four staterooms, including two VIP staterooms and two twin staterooms on the lower deck, all with en-suite facilities. Crew accommodation comprises four dedicated quarters, captain's quarters and a spacious crew mess.In terms of performance, the yacht is powered by four <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which are expected to deliver a top speed of 30 knots.&nbsp;

First 50m Baglietto FAST50 superyacht launched

Baglietto has launched the first 50m FAST50 yacht from its shipyard in La Spezia, Italy.


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