UK-based yacht builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> has announced that KPS Capital Partners has entered into a definitive agreement to acquire a controlling equity interest in the company. The deal is expected to be completed in the first quarter of 2023 and will see existing shareholders retain ownership of the company.<img src="https://photo-assets.superyachttimes.com/photo/258136/image/large-1a5b771835acfb06005cd285755181e3.jpg" data-gid="gid://syiq/Photo/258136">The US-based investment firm specialises in owning manufacturing businesses, with the deal still subject to customary closing conditions and approvals. The move follows the company's announcement last year to expand, as part of a successful bid by Plymouth City Council to create a Freeport in the region.Read:&nbsp;<a data-gid="gid://syiq/Article/56934" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Speculations rise over potential Princess Yachts acquisition (2023-02-13 14:15:00 +0100)">Speculations rise over potential Princess Yachts acquisition<img src="https://photo-assets.superyachttimes.com/photo/121696/image/large-ca3bca75e721d7c9ba4c864e6d0bcbd1.jpg" data-gid="gid://syiq/Photo/121696"></a>“We are excited to make this significant investment in <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>, a leading company in the luxury global yachting industry with an iconic brand grounded in British tradition, a remarkable and growing product range, and world-wide reputation for quality and innovation,” commented Ryan Harrison, a Partner of KPS Mid-Cap Investments. <img src="https://photo-assets.superyachttimes.com/photo/41309/image/large-90c2b903c073be6d676cf91a33346303.jpg" data-gid="gid://syiq/Photo/41309">This new investment will strengthen Princess Yachts ’ position in the marine sector in the UK and support the company’s opportunities both nationally and internationally. “We are thrilled to partner with KPS for this exciting new chapter for <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>,” added Antony Sheriff, Chief Executive Officer of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/253526/image/large-9e7ae3ca9fa60d5d44938904fef42637.jpg" data-gid="gid://syiq/Photo/253526">“KPS and the <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> team are deeply committed to investing in the Company’s future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position.”

KPS Capital Partners acquires equity interest in Princess Yachts

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KPS Capital Partners has acquired a controlling equity interest in UK-based yacht builder Princess Yachts.

The Rosetti Marino Group, according to rumours collected by Shipping Italy and SUPER YACHT 24, may soon be due to close down its shipbuilding division. The rumours have suggested that the San Vitale shipyard in Ravenna will be acquired by the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, but representatives 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> have so far denied these rumours. Attempts, however, to reach out to members of <a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)">Rosetti Superyachts</a>, the superyacht branch of the Rosetti Marino Group, have shown that email accounts appear to have been closed or frozen.Many in the superyacht industry have been expecting the announcement over coming months, particularly since Alberto Galassi, CEO of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> hinted at an upcoming expansion in late 2022. The San Vitale facility comprises an area of 70,000 square-metres, approximately 10,000 square-metres of which is covered, 10,000 square-metres for the construction of hulls, a 175-metre long quay, and also a dry dock of 180x27x6 metres.<img src="https://photo-assets.superyachttimes.com/photo/56751/image/large-e1828dd3427e96c8a5c8e3e00e0759bf.jpg" data-gid="gid://syiq/Photo/56751">Once a prolific builder of working vessels such as tugs, AHTs, supply boats and small ferries, in recent years the shipyard has had difficulty attracting new commercial orders. In 2017 Rosetti Marino diversified the business by opening the <a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)">Rosetti Superyacht</a> division and launching its first <a data-gid="gid://syiq/Article/55892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Award-winning 39m Rosetti motor yacht Emocean for sale for the first time (2022-09-09 16:00:00 +0200)">38-metre Explorer named Emocean</a> in 2021, <a data-gid="gid://syiq/Article/54604" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Keel of the second Rosetti 38M Explorer has been laid (2022-02-16 10:45:00 +0100)">to be followed by a second unit, currently in-build and due for launch this year.</a>Read: <a data-gid="gid://syiq/Article/54116" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard Emocean: A designer's tour (2021-11-19 12:15:00 +0100)">Onboard Emocean: A designer's tour</a><img src="https://photo-assets.superyachttimes.com/photo/208426/image/large-e0f31be4bee9ecd1669ff2e3770047e6.jpg" data-gid="gid://syiq/Photo/208426">The fate of the <a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)">Rosetti Superyachts</a> brand and its in-build vessel are yet to be seen. It is unclear if the sale of the shipyard will see the Group exit the maritime sector, or if it will remain active in the oil and gas sectors.Though SYT reached out, the team at Rosetti Marino Group did not offer comment for this article.

Rosetti Marino sale to Ferretti Group

Rumours are circulating that the Rosetti Marino Group is close to selling its maritime facilities to the Ferretti Group.

Rosetti Marino reportedly selling San Vitale shipyard

<a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a>, a leading financial management platform for the superyacht sector, has announced its acquisition of the interactive worklist management platform <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a>. A move that will “further enhance its end-to-end solution for the financial management of superyachts”. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/259442/image/large-72e8b9a3a5e160f25ed9565ab1af730c.jpeg" data-gid="gid://syiq/Photo/259442">The <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a> platform provides a simple work list solution for an entire supply chain, with the aim to offer end-to-end transparency and total workflow accuracy for financial and time savings.&nbsp;The two companies have worked closely over the past 12 months and both see “enormous value” that integrating <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a> and developing the platform further under the <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> umbrella will bring to its users in the industry. As <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> explained, “The new integration will benefit captains and owners who are managing new build projects or refits, offering a total solution from initial bidding through to completion.”<img src="https://photo-assets.superyachttimes.com/photo/259440/image/large-23bc976025a0dad4b8c108980b74e146.jpeg" data-gid="gid://syiq/Photo/259440">“I’m delighted that Pinpoint Works has joined the <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a> family. Our mutual respect, unified approach, and vision for technology within the marine space will continue to provide the superyacht sector with the cutting-edge tool set that it requires to function effectively,” Ian Flanagan, founder and CEO of <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a> commented. “Together with our industry partners, management companies, shipyards and the incredible crew that make it all possible; we will continue to revolutionise the industry. <img src="https://photo-assets.superyachttimes.com/photo/259477/image/large-34ff13515791979facf69aae4e37e0c2.jpg" data-gid="gid://syiq/Photo/259477">“We are already working closely together on the next <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> chapter, please watch this space. These are exciting times in the superyacht world. <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly Group</a>, supported by the superb team of people that work here, intend to keep pushing the boundaries and leading the way.”<img src="https://photo-assets.superyachttimes.com/photo/259441/image/large-b768d958036f7e3882be72818b1d5c89.jpeg" data-gid="gid://syiq/Photo/259441">Leslie Gillotte, co-founder and Director of <a data-gid="gid://syiq/Company/7026" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pinpoint Works (Company)">Pinpoint Works</a> added. “The enthusiasm both our client bases bring for our products serves as motivation for us to create more value for them by uniting forces. Through this strategic partnership and our shared passion for developing innovative technology, we will grow stronger together by providing truly unique solutions.<img src="https://photo-assets.superyachttimes.com/photo/259478/image/large-c56f41e1e7a2725c035228a59aa1bff2.jpg" data-gid="gid://syiq/Photo/259478">“With the <a data-gid="gid://syiq/Company/4952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Voly Group (Company)">Voly</a> team, we look forward to continuing to provide excellent standards of client support and bringing greater impact through the integration of our platforms for this dynamic industry we serve, and beyond.”

Voly Group acquires Pinpoint Works 

 Voly Group has announced its acquisition of the interactive worklist management platform Pinpoint Works. 

Voly Group announces acquisition of Pinpoint Works  

According to the online publication Sky News, UK-based yacht builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> is set to be acquired by KPS Capital Partners. The US-based investment firm specialises in owning manufacturing businesses, with sources saying a deal could be struck as soon as this week.<img src="https://photo-assets.superyachttimes.com/photo/121697/image/large-eba30d54f4662dd7436a7fae0c715851.jpg" data-gid="gid://syiq/Photo/121697">Rumours circulated online last year that the Plymouth-based builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> was for sale, as the firm’s private equity owner L Catterton hired bankers to find a buyer. <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> told local newspaper PlymouthLive that they were looking to start discussions with potential investors, in order to provide financial support in the build of a huge new factory at its Devonport operation.Princess Yachts also stated that as part of Plymouth City Council’s submission to the Government to create a tax-break they had; “developed a proposal to double the capacity of its South Yard facility to increase the product offering and further strengthen its market position.”<img src="https://photo-assets.superyachttimes.com/photo/41309/image/large-90c2b903c073be6d676cf91a33346303.jpg" data-gid="gid://syiq/Photo/41309">The spokesperson said, “This in turn will create additional jobs and secure a bright future for boat building in Devon and the UK. The company and its shareholders are now considering beginning discussions with potential investors to provide financial support for these exciting plans for growth.”SuperYacht Times&nbsp;has reached out for comment from those involved in the deal but are yet to hear back.&nbsp;

Princess Yachts acquisition by KPS Capital Partners

According to the online publication Sky News, UK-based yacht builder Princess Yachts is set to be acquired by KPS Capital Partners.

Speculations rise over potential Princess Yachts acquisition

<a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> has acquired <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> and appointed Frédéric Dormeuil as Chief Executive Officer of the multinational yacht charter fiscal agency. <img src="https://photo-assets.superyachttimes.com/photo/194393/image/large-3ac3130eb206a2a785c73815d4269e28.jpg" data-gid="gid://syiq/Photo/194393">‘’I am very pleased that we have acquired such a successful company. <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> fits very well with our strategic objective in making life easier onboard superyachts. They simplify the fiscal representation process for their clients, they do so across different territories and that is exactly what we should all be working towards’’ said Paschalis Patsiokas, Chief Executive Officer of <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>.<img src="https://photo-assets.superyachttimes.com/photo/194392/image/large-1e5502f2774bfe69f7040c7a70deb7eb.jpg" data-gid="gid://syiq/Photo/194392"><a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> has recently celebrated its 10th anniversary, established in 2012 to provide fiscal representation services for EU and non-EU yacht charter companies that operate within the European Union.&nbsp;Operating out of offices in France, Spain, Italy and Croatia <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> provides services for more than 600 regular worldwide customers. This year plans are in place to further expand, with a new office in Monaco.&nbsp;As <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> explained, “<a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> emphasises the importance of local support and works to streamline the fiscal components of yachting for each and every client. They combine this with real-time operational guidance and services, making sure their clients are always tax-compliant and can consistently meet local standards while trading their goods or services abroad.”<img src="https://photo-assets.superyachttimes.com/photo/241350/image/large-2de9324bef92f6cd991b8cb0b8e8d467.jpg" data-gid="gid://syiq/Photo/241350">Looking forward, <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> has announced that it aims for <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> to remain autonomous, operating in tandem with <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>, whilst continuing to further develop its own services. The appointment of Dormeuil is expected to help consolidate this position and help confirm a solid and coherent plan for the years ahead.&nbsp;Dormeuil has a wealth of experience in the luxury goods industry, and has spent many years in yachting. “With Dormeuil’s in-depth knowledge of the yachting industry from important past roles and an innovative approach, <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> will be able to reach new heights with ease and continue its goal of revolutionising yacht-based fiscal representation,” <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> stated. <img src="https://photo-assets.superyachttimes.com/photo/241349/image/large-54e320bcd47184c0c180ca77446d3aa2.jpg" data-gid="gid://syiq/Photo/241349">“To be involved in the flourishing sector of yachting is incredibly motivating and what an industry it is; remarkable feats of engineering taking you to the most surreal destinations and like <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a>, includes many distinctive service providers helping make the overall experience the dream-like allure that it is,” Dormeuil commented.&nbsp;“From its inception, <a data-gid="gid://syiq/Company/4921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOS Yachting (Company)">SOS Yachting</a> has understood how to ease the burden of what can be a daunting process and I look forward to evolving the brand’s success and elevating its position in current markets and new ones,” Dormeuil continued.&nbsp;

BWA Yachting acquires SOS Yachting

BWA Yachting has acquired SOS Yachting and appointed Frédéric Dormeuil as CEO.

BWA Yachting acquires SOS Yachting and appoints Frédéric Dormeuil as CEO 

The American yachting and boating titan <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has reported its financial results for quarter one of 2023, which ended 31 December 2022. The company has recorded a 7 percent increase in revenue, reaching a record $507.9 million for the quarter. <img src="https://photo-assets.superyachttimes.com/photo/193821/image/large-84422da6a8c3e3c4328fae4425cc98ff.png" data-gid="gid://syiq/Photo/193821">The growth was primarily driven by contributions from strategic acquisitions, including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> which closed in October 2022. As a result of the current macroeconomic environment and ongoing supply chain challenges, same-store sales declined a modest 1 percent for the quarter, compared with an increase of 9 percent in the first quarter of 2022. <a data-gid="gid://syiq/Article/55716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax acquires IGY Marinas for $480 million (2022-08-09 14:45:00 +0200)">The company acquired IGY Marines in August for $480 million, the largest acquisition it has made to date</a>.<img src="https://photo-assets.superyachttimes.com/photo/184962/image/large-c9755869f8bda2423ae7ccebcf3e0061.jpg" data-gid="gid://syiq/Photo/184962">Brett McGill, Chief Executive Officer and President, stated, “Our team executed exceptionally well in the first quarter, despite the sustained supply chain constraints and economic uncertainty. We delivered strong top-line growth, record December quarter gross margin, strong positive cash flowsand Adjusted EBITDA, reflecting the strength of our premium brands and the addition of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> to our portfolio. In addition to the <a data-gid="gid://syiq/Article/55716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax acquires IGY Marinas for $480 million (2022-08-09 14:45:00 +0200)">IGY</a> acquisition, we also expanded with Midcoast Marine Enterprises, while also growing on the technology front, through the formation of a new business, New Wave Innovations. New Wave recently completed the acquisition of Boatzon, the industry’s only 100 percent online boat and marine digital retail platform.”Net income for the quarter ended December 31, 2022 was $19.7 million, or $0.89 per diluted share, compared with net income of $35.9 million, or $1.59 per diluted share, for the same period last year. Adjusted net income was $27.3 million, or $1.24 per diluted share for the quarter ended December 31, 2022. Adjusted EBITDA for the quarter ended December 31, 2022 was $53.2 million, compared with $55.3 million for the same period last year. Adjusted EBITDA, excluding the adjustment for currency changes, was $55.6 million for the quarter ended December 31, 2022.<img src="https://photo-assets.superyachttimes.com/photo/253054/image/large-62edda5afd328047d5a95f10e5be11bf.jpg" data-gid="gid://syiq/Photo/253054">Brett McGill concluded, “Although we are updating our 2023 guidance as a result of current economic uncertainty, we have strong momentum as we move into the remainder of the year. We are backed by one of the strongest balance sheets in the industry, which provides us increased flexibility to remain agile and take advantage of opportunities as they arise. We remain confident that our organic growth opportunities, coupled with attractive strategic acquisitions, position us well for 2023 and beyond. We continue to execute on our strategic growth plan to drive sustainable value for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> stakeholders through a diversified business model built on premium brands, global marinas, world-class services, and innovative technology.”In addition to the ownership of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, over recent years <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has acquired both <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/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop and Johnson</a>, firmly securing the conglomerates position in the superyacht industry. SuperYacht Times has recently interviewed Chuck Cashman, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> CRO, and the interview will be published in the upcoming edition of the newspaper. <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" rel="noopener noreferrer" target="_blank" title="">Follow this link to subscribe to the SYT newspaper and to get the full story on publication in February</a>.

MarineMax reports record breaking quarterly revenue of $507.9 million

<a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug Holding</a> has acquired the German manufacturer of interior fittings for superyachts, Wuerzburger Interieur Manufaktur (WIMA). The purchase agreement has already become effective and <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> was introduced to its 40 employees yesterday.<img src="https://photo-assets.superyachttimes.com/photo/68731/image/large-0341919e64beb19d4317204745a22906.jpg" data-gid="gid://syiq/Photo/68731">"With this acquisition, we are strategically strengthening <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> in a crucial field for the superyacht industry,” Philipp Maracke, CEO of FSG <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> Holding, commented.Lars Windhorst, founder and owner of Tennor Group, which both <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> and the Flensburger Schiffbau-Gesellschaft belong, added, “I chose Wuerzburger Interieur Manufaktur because they have been providing world-class joinery for many years. The experts from WIMA are able to master the interior fittings of both the ship’s bridge and of the owner’s saloons in a quality that equals that of the most elegant private homes in the world.”<img src="https://photo-assets.superyachttimes.com/photo/180187/image/large-a6e0963dc4d49da8744cc1dee75e8a59.jpeg" data-gid="gid://syiq/Photo/180187">The results of the <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> and WIMA partnership have already been seen, as the two worked in close cooperation on projects such as the 80-metre superyacht <a data-gid="gid://syiq/Yacht/6282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Artefact80.0m (262'6&quot;)Nobiskrug2020">Artefact</a>, delivered in 2020. <img src="https://photo-assets.superyachttimes.com/photo/188493/image/large-0e183137a3e3e2aae0cfdcd485687ae4.jpg" data-gid="gid://syiq/Photo/188493"><img src="https://photo-assets.superyachttimes.com/photo/188494/image/large-d8c4b484b7d4fef7c47076b52202d258.jpg" data-gid="gid://syiq/Photo/188494">

Nobiskrug acquires Wuerzburger Interieur Manufaktur

Nobiskrug has acquired the German manufacturer of interior fittings for superyachts, Wuerzburger Interieur Manufaktur (WIMA).

Nobiskrug strengthens production with acquisition of Wuerzburger Interieur Manufaktur

Squircle Capital, a European alternative investment firm, has further increased its controlling stake of the <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> and is now a 93 percent shareholder of the company. The incremental investment was planned as part of the initial acquisition of the leading superyacht refit, repair and maintenance group back in October 2019.<img src="https://photo-assets.superyachttimes.com/photo/222521/image/large-c4ac64dcdbc08170379c2241f0384223.jpg" data-gid="gid://syiq/Photo/222521">“As part of our 2019 investment, we committed to supporting management in their expansion plans. <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> has had phenomenal success since our investment both operationally and strategically and we have no doubt this will continue, particularly following the recent appointment of Jean-Marc as group CEO,” José Caireta, Founding Partner at Squircle Capital, commented. &nbsp;&nbsp;John Nery, Head of Investments at Squircle Capital, added: “Notwithstanding the headwinds of the last two years, the business expanded and created value thanks to its unique positioning and relentless management teams. As we grow our shareholding, we firmly believe we also grow our prospective returns on this investment which has outperformed expectations year on year.”<img src="https://photo-assets.superyachttimes.com/photo/250134/image/large-a607705d2ab4de9d5dd5e51c33297a5e.jpeg" data-gid="gid://syiq/Photo/250134">“This further investment by Squircle Capital signals their unwavering confidence in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a>’s ability to continue growing the business and lead the refit industry, with innovation and sustainability at the forefront of this development,” Pepe García-Aubert, Chairman and minority shareholder of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a>, noted. <img src="https://photo-assets.superyachttimes.com/photo/250133/image/large-723f85c81724c5441aad735be643c6fd.jpg" data-gid="gid://syiq/Photo/250133">Read:&nbsp;<a data-gid="gid://syiq/Article/56435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat inaugurates its 4,300-tonne shiplift, Atlas (2022-11-23 16:45:00 +0100)">MB92 La Ciotat inaugurates its 4,300-tonne shiplift, Atlas</a>Squircle Capital’s purchase of additional shares follows the recent inauguration of Atlas, a major shiplift – a 5,000 sqm platform built around a 4,300- tonne shiplift – in La Ciotat, France. The <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">Group</a> also added a 4,800-tonne shiplift at its Barcelona facility back in 2019, and has more recently announced an expansion into the Middle East, with <a data-gid="gid://syiq/Company/4790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine (Company)">Al Seer Marine</a> and <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P & O Marinas (Company)">P&amp;O Marinas</a>. The joint venture will see the first dedicated superyacht repair facility in UAE, which is expected to be completed in 2026 and open for business as early as next year.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/56027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Seer Marine, MB92 and P&O Marinas to create superyacht service centre and refit shipyard in Dubai (2022-09-27 16:15:00 +0200)">Al Seer Marine, MB92 and P&amp;O Marinas to create superyacht service centre and refit shipyard in Dubai</a><img src="https://photo-assets.superyachttimes.com/photo/250125/image/large-1c586358f90532f705c58a909a8efb7b.jpeg" data-gid="gid://syiq/Photo/250125">Jean-Marc Bolinger, CEO of <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> commented: “The renewed conviction of our largest shareholder brings great comfort particularly given their commitment and support not only with their financial backing but also strategic support as we look to continue our international expansion.”&nbsp;

Squircle Capital acquires more shares of MB92 Group 

Squircle Capital has further increased its controlling stake of the MB92 Group and is now a 93 percent shareholder of the company.

Squircle Capital now 93% shareholder of MB92 Group 

<a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> has officially announced its expansion into yacht sales with the sale of the 37.92-metre <a data-gid="gid://syiq/Company/1756" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tansu Yachts (Company)">Tansu</a> motor yacht <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a>. Thor Knappe of <a href="https://sya.superyachttimes.com/companies/superyachtsmonaco" target="_blank">SuperYachtsMonaco</a> introduced the buyer, while Peter Thompson led the team that successfully sold <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a> within days of launching the sales arm of <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>. <img src="https://photo-assets.superyachttimes.com/photo/175260/image/large-e54e31da30361a6fb226eb2b6d12c110.jpg" data-gid="gid://syiq/Photo/175260">The award-winning yacht <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a> features interior and exterior design by her builder <a data-gid="gid://syiq/Company/1756" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tansu Yachts (Company)">Tansu Yachts</a> with naval architecture from the boards of <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design B.V. (Company)">Diana Yacht Design</a>. The wooden yacht was delivered in 2014 and is able to accommodate up to nine guests across four staterooms.<img src="https://photo-assets.superyachttimes.com/photo/250477/image/large-29dfd5a3a23595c65fc6e5b197c6cc3b.jpg" data-gid="gid://syiq/Photo/250477">Although <a data-gid="gid://syiq/Yacht/4598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="So' Mar37.9m (124'4&quot;)Tansu Yachts2014">So’Mar</a> has exclusively cruised the Mediterranean extensively since her launch in 2014, she can take longer voyages and explore lesser-known locations due to her economical consumption and 3,500 nautical mile range. At the time of her sale she had a last known asking price of €7,900,000.<img src="https://photo-assets.superyachttimes.com/photo/250478/image/large-2c4177062dd707088ff380d3beede0f0.jpg" data-gid="gid://syiq/Photo/250478"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> led by CEO, Ellie Malouf, shares her inspirational vision for what she calls a natural expansion into yacht sales. “Yacht sales is a natural extension to bring what has been so successful for <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> in the charter market, which is great customer service, great technology and systems, the widest selection globally, transparent pricing, and a strong female presence.”<img src="https://photo-assets.superyachttimes.com/photo/250470/image/large-d996ec649168fc3a58e5e4673fb338c1.jpg" data-gid="gid://syiq/Photo/250470"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> is no stranger to this process, with Founder and Managing Director, Ian Malouf personally following a similar journey with his current ownership of ten yachts. From chartering, managing, refitting, relocating, and rebuilding, the business is excited to share the wealth of knowledge and experience they have with this newly created division. “We’re excited for this new venture and believe this will only strengthen our positioning in the market,” commented Ian Malouf.<img src="https://photo-assets.superyachttimes.com/photo/231648/image/large-6e151360106667e5a613b69382385520.jpg" data-gid="gid://syiq/Photo/231648"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> already knows how to manage and navigate the sales process with the redesign of the 72.54-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Ocean72.54m (237'12&quot;)Lürssen Yachts1994">Coral Ocean</a>. “<a data-gid="gid://syiq/Yacht/233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coral Ocean72.54m (237'12&quot;)Lürssen Yachts1994">Coral Ocean</a> was completely booked out for her first charter season in the Mediterranean this year, and is the seventh yacht I’ve purchased,” explained Ian Malouf. “Every yacht has had a different purpose for me, so I’ve had to make choices depending on my end-goal as an owner. We’re excited to be part of many other owners’ buying and selling journeys now too.”<img src="https://photo-assets.superyachttimes.com/photo/231637/image/large-9f4763676acc4c08a49f4e4a0ed90742.jpg" data-gid="gid://syiq/Photo/231637">Also joining the <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> team is Julia Simpson as its new Commercial Director, as well as well-known global yacht sales broker, Peter Thompson as its Global Sales Director. The new global sales team brings together over 40 years of experience in yacht sales, with over 70 yachts sold globally and transacted over €1 billion worth of sales.<img src="https://photo-assets.superyachttimes.com/photo/119955/image/large-631a1ba472b0f3ed23ebfc8517d39801.jpg" data-gid="gid://syiq/Photo/119955"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> currently has five vessels exclusively under its Sales Central Agency, including the impressive 72.6-metre <a data-gid="gid://syiq/Yacht/2520" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum of Solace72.6m (238'2&quot;)Turquoise Yachts2012">Quantum Of Solace</a> built by <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a> asking €56,400,000.

Ahoy Club expands into yacht sales selling 38m Tansu yacht So’Mar

The Ahoy Club has announced the sale of the 38m Tansu yacht So’Mar as part of their expansion into sales.

Ahoy Club expands into yacht sales with sale of 38m motor yacht So'Mar

News of the acquisition of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> by Austria-based FIL Bros Family Office came as something of a surprise in the yachting industry. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has been quietly growing it’s product range and market profile since it was founded by Ennio Cecchini and Vasco Buonpensiere &nbsp;in 2010. Following the management buy-out, the two co-founders now have a 25 percent share of the company (Cecchini has always been a shareholder, whereas Buonpensiere sold his 9 percent share in 2014 before buying back in). <img src="https://photo-assets.superyachttimes.com/photo/247251/image/large-94022818551d36ed96c6945012c1e022.jpg" data-gid="gid://syiq/Photo/247251">To find out more about the acquisition, we spoke with Buonpensiere, now CEO of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>, as he was preparing to fly to the US to close another new-build contract. We began by asking about the timing of the buy-out. &nbsp;VB: The first reason was that our major shareholder, Gabriele Virgili, was principally a silent investor with a core business in frozen foodstuffs. And with the energy crisis and currency markets as they are, he was looking to take a step back and focus on his family company.&nbsp;The other reason is that Ennio and I have very clear ideas about where we want to take the company. We’d been thinking about a management buy-out, but it was all in our heads until we started talking with Tom Schröder of FIL Bros at the start of 2022. Tom is building a Flexplorer 146 at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> and is completely in love with the brand philosophy. He told us, “Guys, this should be your company”, and he switched on the lightbulb that led to signing a SPA (Sale and Purchase Agreement) in June, and that agreement was closed last week. By the way, we still call it a management buy-out, even though Tom is the majority shareholder with 75 percent of the company, because he’s there in a supporting role and given us complete freedom to make strategic decisions. <img src="https://photo-assets.superyachttimes.com/photo/195822/image/large-df4ad3c0e50adb9e90fc44b8e739b125.jpg" data-gid="gid://syiq/Photo/195822">It looks like we’re heading into a global recession; doesn’t this acquisition represent something of a risk for Tom Schröder?VB: You know, we’ve been through that and if you look at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>’s history it’s clear that we’re a very resilient company. Since we started in 2010 there have been two quite heavy downturns, but our growth has been constant. Of course, one year can be better or worse than another, but we’ve always sold at the same pace and our performance has been very consistent. That’s because our shipyard is small and our clients are very passionate about boats who come to us with very well-defined projects. They’re not people who have made a lot of money quickly and decide to buy a boat like they would a Lamborghini. We’re just not that kind of brand. &nbsp;Tom was impressed by the way we’ve managed and protected the company; we don’t have debts, we don’t use credit lines, we don’t trade in boats, and we haven’t over-expanded. &nbsp;Of course, if we had two more sheds we could fill them now, but if the market slows down those sheds are going to empty, and right now there are simply not enough skilled people to build good boats. We’ve always kept the company small and agile on purpose, so we’ve doubled the value of production but we’re delivering the same number of boats. We’re not going to change that and Tom agrees. The idea is to build a better, not a bigger, company.<img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">What does the buy-out mean in practical terms, product design and future investment for&nbsp;<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>? &nbsp;VB: It’s a bit of everything, meaning the main change is freedom to follow our vision. Tom is a young, proactive and passionate entrepreneur. If we told an old-style major shareholder we need to do two more boats shows per year, he might say “OK, but you need to sell two more yachts per year to pay for it.” Tom is not like that. His question is, “OK, what do you need to make it happen?” &nbsp;We have clear ideas about how to improve our market positioning. We enjoy reasonable brand awareness, which is a minor miracle considering the small budget we’ve had at our disposal, and luckily the perception is exactly what we wanted. But we want to fine-tune our positioning and that takes investment in communication, and the product itself – and this is where Ennio and I have fun. Plus the management buy-out with this particular partner will help us with the verticalization of our investment and activities.Can you give me a specific example of this verticalization?VB: We’re looking at integrating strategic suppliers into the company, for example. It goes back to what I was saying before about the lack of skilled workers and the need to safeguard that skilled workforce. We’ve always had a close relationship with our key suppliers and one of the reasons why our product quality is so consistent is thanks to the business model we have with subcontractors. So we want to take that to the next level.&nbsp;For Ennio and I, this is what we always envisaged happening. We will have more freedom and we will be able to implement a lot of things we had to sideline before. Now we really feel this is ‘our’ company, despite the fact we are minority shareholders, and I think you will see that in our strategy and products very soon.

Interview with Vasco Buonpensiere of Cantiere delle Marche

Justin Ratcliffe sits down with Vasco Buonpensiere of Cantiere delle Marche.

CEO in Conversation: Vasco Buonpensiere of Cantiere delle Marche

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has relaunched the 42.6-metre explorer yacht <a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a>, following a five-month refit at the Royal Van Lent Kaag facility in the Netherlands. <img src="https://photo-assets.superyachttimes.com/photo/261963/image/large-4f5d9b76c04787fb470cdf2dd17ca83e.jpg" data-gid="gid://syiq/Photo/261963"><img src="https://photo-assets.superyachttimes.com/photo/261967/image/large-8a3ecf695e64c22a9956981085fc1bbd.jpg" data-gid="gid://syiq/Photo/261967">The explorer first hit the water 20 years ago in 2003, under her maiden name Andiamo. Her exterior design is by <a data-gid="gid://syiq/Company/115" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Douglas Sharp Yacht Design (Company)">Douglas Sharp Yacht Design</a> and <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, with the latter also handling her naval engineering. Her original interior design was by the renowned and now defunct <a data-gid="gid://syiq/Company/42" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Glade Johnson Design, Inc. (Company)">Glade Johnson Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/261889/image/large-dc28c8675fa130a58ddf82a912da9dd8.jpg" data-gid="gid://syiq/Photo/261889"> <img src="https://photo-assets.superyachttimes.com/photo/261891/image/large-5e79b17ddb2b0e3882cef27761a5b97b.jpg" data-gid="gid://syiq/Photo/261891"><a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> has undertaken a rigorous maintenance schedule with annual appointments at many different US yards, this is the first time she’s returned to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> though.<img src="https://photo-assets.superyachttimes.com/photo/261890/image/large-502cc8651c58b54a86910f75f3e8bee1.jpg" data-gid="gid://syiq/Photo/261890">&nbsp;With 443 GT of interior volume and a four stateroom configuration, <a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> can accommodate as many as eight guests. She has an owners’ suite, two doubles and one twin. Moonshadow can also carry eight crew. <img src="https://photo-assets.superyachttimes.com/photo/261888/image/large-fe6e1f90a4d59b791e2d15b422b382d1.jpg" data-gid="gid://syiq/Photo/261888"><a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> has a large foredeck with space for two tenders, leaving the sundeck and aft free for her owner and guests. Her sundeck is home to a whirlpool and an informal dining area – making the space ideal for hosting family and friends. <img src="https://photo-assets.superyachttimes.com/photo/261965/image/large-7a0636d879457457cac94dfcb2e1c639.jpg" data-gid="gid://syiq/Photo/261965">Equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, <a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> has a cruising speed of 10.5 knots and a top speed of 13 knots.&nbsp;

Feadship relaunches Moonshadow yacht

Feadship relaunched the 42.6-metre explorer yacht Moonshadow, twenty years after she was first delivered. 

In pictures: 43m explorer yacht Moonshadow relaunched by Feadship 

<img src="https://photo-assets.superyachttimes.com/photo/262006/image/large-edacec7d42cd4d7c0cd23950ea2e733b.jpeg" data-gid="gid://syiq/Photo/262006">Spotted last Thursday leaving Port Vell in Barcelona on her way to Port Hercule in Monaco, is the 93-metre superyacht <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a>. With a volume of nearly 3,000 GT, she was built by the Dutch shipyard <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and delivered in April 2019. Featuring an exterior design by <a data-gid="gid://syiq/Company/25" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Michael Leach Design Ltd. (Company)">Michael Leach</a>, <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a> was built for an experienced owner who worked closely with interior designer <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton</a> on the build. Onboard, she features many notable details, including white and crystal chandeliers and the first IMAX Dolby cinema to be installed on a yacht. Described by <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Langton</a> as a “contemporary jewellery box”, <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a> also includes a multi-sport outdoor area and a large swimming pool, a commercially-rated helicopter landing pad that can also serve as a multifunctional entertainment space, a beach club with hammam and an ice plunge pool, as well as two fire pits. The yacht, which is available for charter, can accommodate up to 12 guests and 29 crew.

93m superyacht Lady S in Barcelona

The 93m superyacht Lady S, built by Feadship, is seen here cruising off Port Vell in Barcelona.

This morning <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> launched the 67.4-metre <a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship project 823</a> from the Royal Van Lent facility in Kaag, the Netherlands, ahead of her delivery later this year.<img src="https://photo-assets.superyachttimes.com/photo/262004/image/large-f1fb43e0ac7f0e06a75816506b809228.jpeg" data-gid="gid://syiq/Photo/262004"> <img src="https://photo-assets.superyachttimes.com/photo/262001/image/large-1eb9fa457f2683b9e6298b6271ddce56.jpeg" data-gid="gid://syiq/Photo/262001"><img src="https://photo-assets.superyachttimes.com/photo/261972/image/large-018242fa581bb64e3c715137e3f1d35b.jpg" data-gid="gid://syiq/Photo/261972"><a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship 823&nbsp;</a>is constructed with a steel hull and aluminium superstructure and is expected to have more than 2,000 GT of interior volume. Neither the exterior nor interior designers of this superyacht are known at this stage.<img src="https://photo-assets.superyachttimes.com/photo/262002/image/large-f6b0481fc1e760bdde01600d04af36d0.jpeg" data-gid="gid://syiq/Photo/262002"><img src="https://photo-assets.superyachttimes.com/photo/261998/image/large-0a51a1f8d8bda10ff6ee41c4648e9e8d.jpeg" data-gid="gid://syiq/Photo/261998"><img src="https://photo-assets.superyachttimes.com/photo/261976/image/large-8ae9f82874667da8e1f53b71d4b28423.jpg" data-gid="gid://syiq/Photo/261976"><img src="https://photo-assets.superyachttimes.com/photo/261979/image/large-a9621847b5eef6bf62ad2664e6fb8bb7.jpg" data-gid="gid://syiq/Photo/261979"><img src="https://photo-assets.superyachttimes.com/photo/261980/image/large-a8bf1b4cb13fe2d02afe6609793826a6.jpg" data-gid="gid://syiq/Photo/261980"><a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship 823</a> is characterised by clean, traditional exterior profile lines and a straight bow with an oversized foredeck.<img src="https://photo-assets.superyachttimes.com/photo/261999/image/large-2ca89a0c757eb18ab2b9c6689cdf3d65.jpeg" data-gid="gid://syiq/Photo/261999"> <img src="https://photo-assets.superyachttimes.com/photo/261986/image/large-c03b4401933150967b7fc67d9272014d.jpg" data-gid="gid://syiq/Photo/261986"><img src="https://photo-assets.superyachttimes.com/photo/261988/image/large-19ff1861cc6582bf88440b5a8548dbd6.jpg" data-gid="gid://syiq/Photo/261988"><img src="https://photo-assets.superyachttimes.com/photo/261991/image/large-c4ec73bbed1f879136ec00160b0b555c.jpg" data-gid="gid://syiq/Photo/261991"><a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship 823&nbsp;</a>is expected to be delivered later this year, along with the 84.2-metre Feadship project 710 and 76.05-metre Feadship project 823. According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, the Dutch builder has more than 20 projects underway.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/261997/image/large-e49820d5315fda27a73315aeb32f940f.jpeg" data-gid="gid://syiq/Photo/261997"><img src="https://photo-assets.superyachttimes.com/photo/262000/image/large-8c91a0dda042d5b832d91cb080661e37.jpeg" data-gid="gid://syiq/Photo/262000">

67m Feadship 823 yacht launched

Feadship has launched the 67m Feadship 823 superyacht. She’s expected to be delivered later this year. 

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67m Feadship 823 superyacht launched

The 90-metre <a href="https://sya.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a> superyacht <a href="https://sya.superyachttimes.com/yachts/1601" target="_blank">Project 1601</a> has been spotted on her sea trials in the North Sea. <a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="160190.0m (295'3&quot;)Lürssen Yachts2023">Project 1601</a> was launched last month at the <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Rendsburg shipyard in Germany, with very little known about the superyacht.<img src="https://photo-assets.superyachttimes.com/photo/261936/image/large-21e5028e0e96d755d2459d1e5cb62406.jpg" data-gid="gid://syiq/Photo/261936"><a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="160190.0m (295'3&quot;)Lürssen Yachts2023">Project 1601</a> began construction in 2018 and has an estimated volume of 3,600 GT. She features exterior design by <a href="https://sya.superyachttimes.com/companies/espen-oeino" target="_blank">Espen Øino International</a>, with naval architecture from her builder <a href="https://sya.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a>. <a href="https://sya.superyachttimes.com/companies/cornelsen-partner-yacht-consulting-gmbh" target="_blank">Cornelsen &amp; Partner</a> acted as Project Manager during the construction process.<img src="https://photo-assets.superyachttimes.com/photo/261934/image/large-e860a08338ec6a8d962803cbbb3573af.jpg" data-gid="gid://syiq/Photo/261934"><a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="160190.0m (295'3&quot;)Lürssen Yachts2023">Project 1601</a> is characterised by straight lines and angular corners providing her with a striking profile. Her interior design penned by <a data-gid="gid://syiq/Company/1218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dölker + Voges GmbH (Company)">Dölker + Voges GmbH</a> echoes the same design themes as her exterior.<img src="https://photo-assets.superyachttimes.com/photo/261933/image/large-764e2b5f14bc472d4ef17275bbe2d136.jpg" data-gid="gid://syiq/Photo/261933">Her launch last month coincided with the launch of 145-metre secretive superyacht <a data-gid="gid://syiq/Yacht/8262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luminance145.0m (475'9&quot;)Lürssen Yachts2023">Luminance</a>, the eighth largest yacht to be 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 15th largest in the world.Read: <a data-gid="gid://syiq/Article/56901" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: 145m secretive Lürssen superyacht Luminance launched (2023-02-09 09:45:00 +0100)">Video: 145m secretive Lürssen superyacht Luminance launched<img src="https://photo-assets.superyachttimes.com/photo/261935/image/large-47e86096bacf62a02b847896152d07ad.jpg" data-gid="gid://syiq/Photo/261935"></a><a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> also has more than 10 other superyacht projects either underway or pending. This includes the 122-metre Jag in 2023 and the 137-metre Alibaba, due in 2024.<img src="https://photo-assets.superyachttimes.com/photo/261937/image/large-2402cbda42a9dc410feeba72e4ce509e.jpg" data-gid="gid://syiq/Photo/261937">

90m Lürssen superyacht Project 1601 on sea trials

Lürssen’s 90-metre superyacht Project 1601 has been spotted on her sea trials in the North Sea.

In pictures: 90m Lürssen superyacht Project 1601 on sea trials

The 41-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> superyacht <a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> sold in a deal with Julian Calder of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> introducing the buyer and Pierre Vezilier of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representing the seller, with assistance from Jennifer Timinis and Ioanna Dimopoulou of Sea Greece Superyacht Consulting.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/233459/image/large-c6fd059faa0dc12ea2d5e9ffd4d190ca.jpeg" data-gid="gid://syiq/Photo/233459"><a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> was launched in 2007 as part of the Italian shipbuilder’s <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> 41S series. She features &nbsp;exterior design and naval architecture from her builder <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codcasa</a>, while <a data-gid="gid://syiq/Company/186" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Della Role Design (Company)">Della Role Design</a> was enlisted to curate her interior spaces.<img src="https://photo-assets.superyachttimes.com/photo/233454/image/large-521a29f717c75cb1c1848d5254d5b7f0.png" data-gid="gid://syiq/Photo/233454"><img src="https://photo-assets.superyachttimes.com/photo/233442/image/large-ba6451225830a68654c9252a11a52ad6.png" data-gid="gid://syiq/Photo/233442"><a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007"><img src="https://photo-assets.superyachttimes.com/photo/233449/image/large-9c10cbab7afe4e2951cb0a27c51acfd4.png" data-gid="gid://syiq/Photo/233449">Family Day</a> is furnished with rich, cherry mahogany panelling throughout with veined marble counters and fitted with gold fixtures in her stateroom bathrooms. She offers accommodation for as many 11 guests across five staterooms, comprising a master suite, two VIPs and two twins.<img src="https://photo-assets.superyachttimes.com/photo/233453/image/large-167a880f17a4c4e23d657f5e528df8ff.png" data-gid="gid://syiq/Photo/233453"><img src="https://photo-assets.superyachttimes.com/photo/233452/image/large-88dbe0ee540fee11793c0236c8fe311e.png" data-gid="gid://syiq/Photo/233452"><a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> offers plenty of alfresco lounging and dining space; her sun deck has plenty of sunbeds and loungers and her main deck has a large settee and dining table, with a removable bimini.<img src="https://photo-assets.superyachttimes.com/photo/233458/image/large-12288f0049f3d4634512a15e39aecb1a.png" data-gid="gid://syiq/Photo/233458">In terms of performance, <a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> has been equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that give her a cruising speed of 30 knots and the ability to reach speeds of 34 knots. At the time of her sale, she had a last known asking price of €5,000,000.

Codecasa’s 41m yacht Family Day sold

Codecasa’s 41m superyacht Family Day sold with a last known asking price of €5,000,000.

41m Codecasa superyacht Family Day sold

Netherlands-based shipyard <a data-gid="gid://syiq/Company/293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Shipyard (Company)">Mulder</a> has announced the sale of two in-build <a data-gid="gid://syiq/Company/293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Shipyard (Company)">Mulder</a> ThirtySix motor yachts. Both hull six and hull seven were sold last year and are already under construction in Enkhuizen, the Netherlands.<img src="https://photo-assets.superyachttimes.com/photo/5586/image/large-517b54e827b309ecdf6d3969d171400a.png" data-gid="gid://syiq/Photo/5586">The first sale took place during the <a data-gid="gid://syiq/Event/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2022">Monaco Yacht Show 2022</a> to a very experienced yachtsman and serial yacht owner. The owner was impressed by the quality, layout and efficiency of the 36-metre aluminium yacht which features exterior design by <a data-gid="gid://syiq/Company/2546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Claydon Reeves (Company)">Claydon Reeves</a> and naval architecture from <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>.Read:&nbsp;<a data-gid="gid://syiq/Article/55934" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First look: 36m Mulder ThirtySix motor yacht hits construction milestone (2022-09-15 16:00:00 +0200)">First look: 36m Mulder ThirtySix motor yacht hits construction milestone<img src="https://photo-assets.superyachttimes.com/photo/241443/image/large-d04f2c1ed3543848ce70f30b37183312.jpg" data-gid="gid://syiq/Photo/241443"></a>Hull seven was sold to a US couple, who were introduced by Chris Collins from <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> at the <a data-gid="gid://syiq/Event/128" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2022">Fort Lauderdale Boat Show 2022</a>. As the hull is already under construction the delivery time for the yacht was reduced to a relatively short period of time.Read:&nbsp;<a data-gid="gid://syiq/Article/56896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Construction update: Hull of seventh Mulder ThirtySix yacht turned (2023-02-06 16:00:00 +0100)">Construction update: Hull of seventh Mulder ThirtySix yacht turned<img src="https://photo-assets.superyachttimes.com/photo/256785/image/large-3738d86655dad7ea7fbb89c65618c5a5.jpg" data-gid="gid://syiq/Photo/256785"></a>The <a data-gid="gid://syiq/Company/293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Shipyard (Company)">Mulder</a> ThirtySix is constructed out of aluminium and will be equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that will deliver a cruising speed of 15 knots. The model offers 296 GT of interior volume and the capacity to carry 10 guests.<img src="https://photo-assets.superyachttimes.com/photo/190533/image/large-1429f8cf3bbdd923eb7a936b74ce3203.jpg" data-gid="gid://syiq/Photo/190533">Hull six is expected to be delivered in June this year, while her US-bound sistership is set to be delivered to her new owners in April 2024.

Mulder announces sale of two in-build Mulder ThirtySix motor yachts

Mulder Shipyard has announced the sale of two in-build Mulder ThirtySix motor yachts last year.

Francois Zuretti is one of the elder statesmen of yacht design. In a rare interview opportunity, SuperYacht Times was invited to visit his home and studio in the south of France.<img src="https://photo-assets.superyachttimes.com/photo/251947/image/large-a36ab6a395be1d60a171671d61215df0.jpg" data-gid="gid://syiq/Photo/251947">Modest, unassuming and a little shy, Francois Zuretti may be one the most prolific and distinguished names in the world of superyacht design, but he likes to keep a low profile. In fact, our recent video profile of the French interior designer was the first of its kind, period. Not that he is in need of the publicity, having worked with all the top shipyards on some of the largest superyachts afloat.Zuretti began his design career in the mid-‘70s with&nbsp;Triad Condas, a Paris-based company specialising in the interior design of Middle Eastern palaces, which led to him working for the King of Morocco. He set up his own studio in 1987, first in Geneva before moving to Nice to be closer to his yachting clients on the French Riviera. Interestingly, he chose not to relocate to Monaco, not least because he wanted his company to retain its distinctly French identity.<img src="https://photo-assets.superyachttimes.com/photo/207091/image/large-d9a7f07880c0f54ee7b05372ceeb1db7.jpg" data-gid="gid://syiq/Photo/207091"><img src="https://photo-assets.superyachttimes.com/photo/13573/image/large-0c51f21446e9cbaee949065f50e04469.jpg" data-gid="gid://syiq/Photo/13573">Zuretti’s first yacht interior was for Eco (now <a data-gid="gid://syiq/Yacht/901" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeus74.5m (244'5&quot;)Blohm & Voss GmbH1991">Zeus</a>), the iconic 75-metre motor yacht designed by Martin Francis and delivered by <a data-gid="gid://syiq/Company/3" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blohm & Voss GmbH (Company)">Blohm + Voss</a> in 1991. While Eco was in build, he was also working on 46-metre Shamwari (now <a data-gid="gid://syiq/Yacht/532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mistress46.0m (150'11&quot;)Benetti SpA1991">Mistress</a>), the first project in a string of collaborations with the Italian builder that culminated in 65-metre <a data-gid="gid://syiq/Yacht/607" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ambrosia65.0m (213'3&quot;)Benetti SpA2006">Ambrosia</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s first diesel-electric superyacht in 2006.&nbsp;<a data-gid="gid://syiq/Yacht/607" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ambrosia65.0m (213'3&quot;)Benetti SpA2006">Ambrosia</a>’s sumptuous Art Deco interior for a client in Hong Kong may be lavish by today’s standards, but at the time it was considered the height of luxury for its rare and expensive materials and exquisite craftsmanship. Zuretti’s personal tastes could not be more different and are best reflected in his own home, which he designed himself. Decidedly modernist and rational, the stunning building is set into the hills between Cap-d'Ail and Saint-Jean-Cap-Ferrat.<img src="https://photo-assets.superyachttimes.com/photo/174091/image/large-ad1b7760b6be3a55da0ed04ceb3dfb13.jpg" data-gid="gid://syiq/Photo/174091">“Tastes have changed over the past 20 years, but the market has changed more,” says Zuretti from a sitting room with stunning views of the coast through floor-to-ceiling windows. “New clients have brought new developments. Before my clients had a stronger relationship with the sea, the boats were smaller and people were closer to the water. Life aboard a 45-metre yacht is centred around the sea, but on a 150-metre superyacht you need other activities like spas and cinemas. We’re working on a project at the moment that has a full-size tennis court, for example. I’m not sure it’s all good for the yachting business, but it has certainly helped to develop new materials and concepts.”<img src="https://photo-assets.superyachttimes.com/photo/223388/image/large-074e023730e2605abe0ba60d1240f0b7.jpg" data-gid="gid://syiq/Photo/223388">Zuretti started out with <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> but quickly moved on to work with the leading north European shipyards, including <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lurssen</a>, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. Sadly, most of these yachts are strictly private and the designer is unable to discuss them, but his studio has been involved in multiple projects over 100 metres. <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> is a more recent client and Zuretti devised the interior of its 78-metre custom project <a data-gid="gid://syiq/Yacht/6826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Energy77.8m (255'3&quot;)Amels2022">Energy</a> with exterior design by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a>that left the shipyard last July. The studio describes the project as “the perfect combination of good production processes and bespoke design.”<img src="https://photo-assets.superyachttimes.com/photo/174094/image/large-41a16e4a10044301f253ba0c6f1e6eff.jpg" data-gid="gid://syiq/Photo/174094">Watch:&nbsp;<a data-gid="gid://syiq/Article/55899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: At the studio with Francois Zuretti of Zuretti Interior Design (2022-09-12 14:00:00 +0200)">Video: At the studio with Francois Zuretti of Zuretti Interior Design</a>Zuretti is still the creative heart of the company that bears his name, but the daily operations are overseen by his general manager, Sebastien Gey, who is responsible for a 50-strong multinational staff that occupies an entire floor of a stately building in the Belle Epoque style close to the seafront in Nice. A civil architect and designer, but also a naval architect and passionate sailor, it is Sebastien’s job to manage a team that has up to a dozen superyacht and residential projects on the go at any one time.<img src="https://photo-assets.superyachttimes.com/photo/261469/image/large-f07ee8303e98a7c24f4cbff8ad5e5c31.jpg" data-gid="gid://syiq/Photo/261469">“To offer the best quality you need the best team,” says Sebastien. “We have very talented designers, architects and project managers. We create all our own renderings in-house, and we have the best people for that as well. Managing all these people and bringing them together to realise projects for our clients is challenging, but a talent we need to have as a company is to find the right people and build a good team.”The residential and yacht design teams worked in separate offices, but a few years ago it was decided to bring them together to encourage the exchange of skills and ideas (Zuretti explains, only half-jokingly, that the move also avoided petty in-house rivalries as the yacht designers were prone to think of themselves as a cut above their residential design colleagues). Since the beginning, however, the company has remained true to its name and avoided the temptation to expand into designing yacht exteriors. <img src="https://photo-assets.superyachttimes.com/photo/261468/image/large-0a0c6af22bd2981b49240226df114d60.jpg" data-gid="gid://syiq/Photo/261468">“The temptation is always there, of course,” says Sebastien, “but we are most successful when we work with the best exterior designers. We try to be the best for the interiors, so the combination means we can create the best project for our clients.”<img src="https://photo-assets.superyachttimes.com/photo/261467/image/large-9cc7a2078af026e6b7d4c7378fbbf676.jpg" data-gid="gid://syiq/Photo/261467">A custom interior is the result of an owner’s personal taste and the designer’s creative vision, but whatever a client’s preferred style, <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Interior Design</a>aims to bring to each project what Sebastien calls ‘veracity’, or a thorough understanding of the chosen style.“We’ve worked on very classic and very contemporary, even minimalist, interior designs,” he says. “In each case, you have to approach the project firstly with passion, but also with knowledge. So we thoroughly study a particular style to capture its reality. Of course, it may have to be adapted to suit the spaces and dimensions, but we’re always looking for veracity – this is very important.”<img src="https://photo-assets.superyachttimes.com/photo/261465/image/large-92fbebb785ce71627038cd6797c9d0b3.jpg" data-gid="gid://syiq/Photo/261465">One of Zuretti’s sons, Matthieu, works in the company as procurement director &amp; quality manager. His job was made especially difficult when Covid precautions made it more difficult to meet in person with suppliers, and the challenges continue post-pandemic at a time when supply chains are so unpredictable.“Two thirds of our meetings need to be face-to-face, because you have to see the materials and see how something works.,” he explains. “Pictures or videos can never give you the same feeling you get by opening the door of a cabinet, when you can feel if it works smoothly or there is something rattling inside. You need to be on site to control the quality.”<img src="https://photo-assets.superyachttimes.com/photo/261466/image/large-92717969b1d93f562038b141e8b30e38.jpg" data-gid="gid://syiq/Photo/261466">After more than 30 years in the business and now aged 70, Zuretti is looking to take a step back and prepare Matthieu and Sebastien to take over the running of the business – by no means a straightforward task for someone addicted to design that finds it hard to delegate. A new office in Dubai has been tasked with developing the Middle Eastern market and the firm is growing its superyacht clientele in the Americas. Having designed so many custom furniture pieces over the years, the studio is also pondering its own branded line of high-end furniture. &nbsp;“I have so many stamps in my passport from around the world, but each of those represent a day or two spent with a client,” he says. “I was always too busy to explore the countries I’ve been to, so now I’d like to enjoy life a little more. I think I still have a lot to offer my team, but I have to learn to leave them alone to create the Zuretti of tomorrow. I’m already surprised sometimes at what a great job they do without me!”This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/superyacht-times-issue-43-newspaper-launched" target="_blank">Issue 43 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Francois Zuretti

In a rare interview opportunity, SYT was invited to visit his home and studio in the south of France.

At the studio with Francois Zuretti of Zuretti Interior Design

The 29.8-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/5571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canelo30.78m (100'12&quot;)Sunseeker2014">Canelo</a> has joined the market. The <a href="https://www.superyachttimes.com/yachts/canelo/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht, Canelo, for sale</a> was delivered in 2014 as part of the <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 101 series and has been well maintained over the years.<img src="https://photo-assets.superyachttimes.com/photo/232647/image/large-b1ec593d9767900f44aee13c58e6e1d7.jpg" data-gid="gid://syiq/Photo/232647">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> was designed in-full by the British shipyard <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, who drew her with two deck areas to aft, both of which provide plenty of opportunities to soak up the sun, socialise and entertain family and friends.<img src="https://photo-assets.superyachttimes.com/photo/232660/image/large-94c2156c72f44c3eccfc235cc268262a.jpg" data-gid="gid://syiq/Photo/232660"><img src="https://photo-assets.superyachttimes.com/photo/232662/image/large-9f65cca333872e73c9c2fcd8089bf06e.jpg" data-gid="gid://syiq/Photo/232662"><img src="https://photo-assets.superyachttimes.com/photo/232661/image/large-edbb67e2fb0367576a251b50fac08df9.jpg" data-gid="gid://syiq/Photo/232661">Previously named Black Legend, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features a modern interior design with her open-plan main saloon showcasing a sumptuous L-shaped sofa and large flat screen TV. The use of wood is highlighted by her large picture windows that illuminate the space in natural light.<img src="https://photo-assets.superyachttimes.com/photo/232666/image/large-3060c602d526fc9bac0e77f2db1ada06.jpg" data-gid="gid://syiq/Photo/232666"><img src="https://photo-assets.superyachttimes.com/photo/232667/image/large-8879aa559fccef1b2e69b6d39a5478bd.jpg" data-gid="gid://syiq/Photo/232667"><img src="https://photo-assets.superyachttimes.com/photo/232670/image/large-b4d4ed9390c3dabe2e7035bec6f01e87.jpg" data-gid="gid://syiq/Photo/232670"><img src="https://photo-assets.superyachttimes.com/photo/232672/image/large-4c8aca604cf8fa21c013d05f2fdf9513.jpg" data-gid="gid://syiq/Photo/232672">With 113 GT of interior volume and a four stateroom configuration, <a data-gid="gid://syiq/Yacht/5571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canelo30.78m (100'12&quot;)Sunseeker2014">Canelo</a> can comfortably accommodate as many as eight guests. Alongside the guest accommodation, the <a href="https://www.superyachttimes.com/yachts/sunseeker/for-sale" rel="noopener noreferrer" target="_blank" title="">Sunseeker yacht for sale</a> can also host four crew across two cabins.<img src="https://photo-assets.superyachttimes.com/photo/232649/image/large-31785d497ee1193a98b27762234e19a7.jpg" data-gid="gid://syiq/Photo/232649"><a data-gid="gid://syiq/Yacht/5571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canelo30.78m (100'12&quot;)Sunseeker2014"><img src="https://photo-assets.superyachttimes.com/photo/232652/image/large-3d30dde3f86872af1e3358171bc8c4fd.jpg" data-gid="gid://syiq/Photo/232652"><img src="https://photo-assets.superyachttimes.com/photo/232654/image/large-423b8be47d4b77a6feb2eb936399ad6c.jpg" data-gid="gid://syiq/Photo/232654"><img src="https://photo-assets.superyachttimes.com/photo/232656/image/large-9d728eb38a1c0df9c038b70901e7b4f5.jpg" data-gid="gid://syiq/Photo/232656">Canelo</a> is primed for outdoor living with expansive deck space at her bow including a Jacuzzi surrounded by sunpads and a seating area for alfresco dining. Her sundeck is equipped with more alfresco dining and a large American-style barbeque grill. <img src="https://photo-assets.superyachttimes.com/photo/232657/image/large-ad66f9cdf8cd096aed77980b6d145d38.jpg" data-gid="gid://syiq/Photo/232657"><img src="https://photo-assets.superyachttimes.com/photo/232658/image/large-9cb5543c2d1d82b099783d273799e5e6.jpg" data-gid="gid://syiq/Photo/232658"><img src="https://photo-assets.superyachttimes.com/photo/232659/image/large-734d3cf004b5cede9560b12448ac4290.jpg" data-gid="gid://syiq/Photo/232659">The main deck aft of <a data-gid="gid://syiq/Yacht/5571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canelo30.78m (100'12&quot;)Sunseeker2014">Canelo</a> provides the perfect opportunity for guests to top up their tan, but also provides a shaded alfresco dining area, protected by her hardtop cover. Her extensive swim platform also allows for easy access to the water.<img src="https://photo-assets.superyachttimes.com/photo/232646/image/large-046173fad0e5918e1c634ac3b52168ca.jpg" data-gid="gid://syiq/Photo/232646">Performance-wise, <a data-gid="gid://syiq/Yacht/5571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Canelo30.78m (100'12&quot;)Sunseeker2014">Canelo</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> giving her a maximum speed of 31 knots and a cruising speed of 24 knots.<img src="https://photo-assets.superyachttimes.com/photo/232650/image/large-29f58dbb37de4d90ef55ea03e2f61669.jpg" data-gid="gid://syiq/Photo/232650">

Sunseeker’s 30m yacht Canelo for sale

Sunseeker’s 30m motor yacht Canelo for sale was delivered in 2014 as part of the Sunseeker 101 series.

30m Sunseeker motor yacht Canelo for sale

The 25.22-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/12524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andala25.22m (82'9&quot;)Azimut Yachts2021">Andala</a> sold, with <a data-gid="gid://syiq/Company/6931" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IBI Yachts (Company)">IB Yachts'</a> Federico Caslini and <a data-gid="gid://syiq/Company/1087" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Floating Life Charter & Brokerage (Company)">Floating Life’s</a> Gabriele Turtulici and Filippo Rossi representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/261881/image/large-056d520f2079d4696f780c9920d44117.png" data-gid="gid://syiq/Photo/261881">The Italian shipyard <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> delivered <a data-gid="gid://syiq/Yacht/12524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andala25.22m (82'9&quot;)Azimut Yachts2021">Andala</a> in 2021 as part of the <a data-gid="gid://syiq/YachtModel/7853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Grande Magellano 25 Metri25.2m (82'8&quot;)">Azimut Magellano 25</a> series. Her interior, exterior and naval architecture were designed in-house by her builder. <img src="https://photo-assets.superyachttimes.com/photo/261877/image/large-2ae7da34878b3fdc578dafd56b4b299d.png" data-gid="gid://syiq/Photo/261877">Inside, <a data-gid="gid://syiq/Yacht/12524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andala25.22m (82'9&quot;)Azimut Yachts2021">Andala</a> features a spacious saloon, with plush seating and large windows. Forward lies a dining table that comfortably seats eight guests. Her five-stateroom configuration sleeps up to nine guests onboard, and she also has accommodation for four crew to attend to her guests' needs. <img src="https://photo-assets.superyachttimes.com/photo/248152/image/large-cf9d78cc0cb4aaccc9b887a3eef401d8.png" data-gid="gid://syiq/Photo/248152"><a data-gid="gid://syiq/Yacht/12524" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Andala25.22m (82'9&quot;)Azimut Yachts2021">Andala</a> is an ideal yacht for long and exclusive family voyages, offering ample seating and lounging opportunities, despite her compact size. Outside, she features sunbeds, an outdoor lounge, a bar, and alfresco dining areas. <img src="https://photo-assets.superyachttimes.com/photo/248154/image/large-dcee1554bda673acf05bb55a465c6c60.png" data-gid="gid://syiq/Photo/248154">Performance-wise, the 91 GT yacht is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, giving her a top speed of 25 knots and a cruising speed of 18 knots. At the time of her sale, she had a last-known asking price of $4,950,000.

25m Azimut yacht Andala sold

The 25.22-metre Azimut motor yacht Andala sold, with a last-known asking price of $4,950,000.

25m Azimut motor yacht Andala sold

The largest green superyachts for St Patrick’s Day

This St Patrick’s Day, SYT takes a look at the largest green yachts finished in the colour of the Irish holiday.

Mergers & Acquisitions

KPS Capital Partners acquires equity interest in Princess Yachts