US energy technology giant Baker Hughes has backed <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s world-first decarbonisation technologies with a £12m investment at a £130m valuation – opening up global collaboration opportunities. The news follows on from <a data-gid="gid://syiq/Article/55081" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston teams up with Levidian Nanosystems as it strives towards net zero (2022-05-04 15:00:00 +0200)">Edmiston's announcement in April 2022</a> that it had teamed up with <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> in its efforts to reach net zero.The cash injection will enable the further scale up of <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s business, including both LOOP, <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s decarbonisation device, and graphene production capacities at its Cambridge headquarters – allowing <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> to capitalise on the significant interest in its ground-breaking work.<a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s LOOP technology decarbonises methane by cracking it into its components: carbon (in the form of graphene) and hydrogen. The hydrogen can be used immediately as a hydrogen-rich gas blend, supporting industrial decarbonisation, or separated and stored. The graphene can be added to a wide range of materials to extend their life, improve their performance, and deliver additional decarbonisation benefits. This technology will enable Baker Hughes to expand its current core offerings and provide decarbonised solutions to adjacent sectors and industries. <img src="https://photo-assets.superyachttimes.com/photo/246357/image/large-20e6ac72210d2e11b170d3404f0ccd89.png" data-gid="gid://syiq/Photo/246357"> <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>&nbsp;CEO John Hartley said:This investment comes at a critical phase of <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s development. Baker Hughes has a long track record in energy technology and their expertise will be valuable as we scale <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> quickly to meet the growing demand for decarbonisation, especially from the industrial sectors. Their commitment is a strong endorsement of our LOOP technology, our graphene, and our team.&nbsp;Luca Maria Rossi, VP – New Frontiers at Baker Hughes:We continue to show our commitment to advancing our climate goals by investing in innovative technologies. Graphene is a game-changing material for many applications and <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a>’s technology stands out with its consistent high-quality product. The joint production of graphene and hydrogen will also enable economically effective decarbonisation of hard-to-abate sectors.Luca Maria Rossi will sit on the <a data-gid="gid://syiq/Company/6902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Levidian (Company)">Levidian</a> board, further deepening the relationship and establishing a route to ongoing support and collaboration.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/226053/image/large-3cda49364f88efbb732f6d34e0393ccb.png" data-gid="gid://syiq/Photo/226053">

Levidian secures international investment

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Levidian has secured £12 million of investment from US energy tech giant Baker Hughes.

Levidian secures £12 million investment from US energy tech giant Baker Hughes

<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> has officially announced the addition of two new shareholders, the Italian investment company Holding Carisma led by Giovanni Cagnoli, and an unnamed Italian family of entrepreneurs. The new partners enter the company’s shareholding structure with 30% of shares, acquired in varying proportions from the existing shareholders, through a company set up for the purpose. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere della Marche</a>'s majority stakeholder remains Fil Bros, a company run by Tom Schröder, the owner of the 44.33-metre <a data-gid="gid://syiq/Yacht/10470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lt. Pete Maverick Mitchell44.33m (145'5&quot;)Cantiere delle Marche (CdM)2024">Maverick</a>, which made her debut in <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes</a> this year. <img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">“The addition of these new extremely qualified partners to our shareholding structure makes us proud as it reflects their trust and appreciation for <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>’s history and its ability to constantly adapt successfully to an ever-changing luxury market’s environment. We are confident that the entry of these new partners will enhance our stability, our propulsive strength towards the future and provide valuable expertise in the luxury sector,” say Ennio Cecchini and Vasco Buonpensiere, co-founders and respectively President and CEO 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>.<img src="https://photo-assets.superyachttimes.com/photo/294457/image/large-9e3df3a986fd99eda28eb55f18e2bbda.jpg" data-gid="gid://syiq/Photo/294457">“Our new shareholders will be definitely a great support to our expected growth in the coming years, as they have already had the opportunity to prove to us: we can surely say that since the first days of our business talks, there has been no doubt about the potential of this synergy!” Adds Ennio Cecchini and Vasco Buonpensiere, “this is just another step into a more articulated and structured project that will position <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> more firmly at the pinnacle of the luxury yacht industry, following a precise long-term strategy.”“We are proud to support <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>’s management and Fil Bros in &nbsp;the development of the company with all our expertise and know-how,” says Giovanni Cagnoli, President of Carisma. “Carisma aims to contribute to the growth of Italian excellence in the luxury sector, and <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> is one of these outstanding examples, specifically in the luxury yacht industry that, undeniably, represents the pinnacle of luxury itself. We believe that there are further growth opportunities and potential for the affirmation of this brand, which is becoming increasingly appreciated and recognised.”“Actually, we were not looking for partners, but when two entities of this caliber expressed interest in becoming part 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>, we had no choice but to seriously consider their proposal. After just a few exchanges of ideas about possible strategies and synergies, it became clear that this new partnership would become a more than solid pillar to support the growth and development of our shipyard into the luxury market for the many years to come” concludes Tom Schröder, <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>’s majority shareholder.

CdM welcomes new stakeholders

The Italian shipyard Cantiere delle Marche has announced two new shareholders.

CdM announces new shareholders with 30% stake

The Mumbai Port Authority (MPA) now intends to self-fund its planned marina, according to local media sources. This newly announced plan moves away from the earlier proposal, to build on land through a public-private partnership (PPP) model.<img src="https://photo-assets.superyachttimes.com/photo/301383/image/large-60a90e3bd064fe7a4c5f69f5dc3ef4ea.jpg" data-gid="gid://syiq/Photo/301383">Initially, MPA sought to develop and manage the marina at the port's Princess Dock via a PPP for 45 years. Despite two tender processes, with adjusted bid terms, the efforts failed to attract bidders. In the local press, Rajiv Jalota, chairman of Mumbai Port Authority, stated: "We are not developing it on land; we are developing it in the sea. Studies are at a very advanced stage and clearances should come through." He also confirmed that the project would proceed as an Engineering Procurement Construction (EPC) project led by the port authority.<img src="https://photo-assets.superyachttimes.com/photo/301381/image/large-3dddde666d08c1d21632d4a8a1e83fd4.jpg" data-gid="gid://syiq/Photo/301381">The Managing Director and Owner of <a data-gid="gid://syiq/Company/1372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="West Coast Marine (Sea Waif) (Company)">West Coast Marine Yacht Services Pvt Ltd</a>, Aashim Mongia commented, "This is a welcome step and a move in the right direction. As a stakeholder, we hope that the Mumbai Port Authority provides a sufficient land parcel alongside the marina for the development of world-class facilities and amenities. It is also essential that the marina maintains a 5-metre all-time draft to accommodate yachts over 30-metres in length."Unique geography and history&nbsp;The proposed site lies within the historic confines of Princess Dock and Victoria Dock, established in the 18th century during British rule. Facing limitations in expanding its cargo handling due to the typical evacuation challenges of a city-based port, MPA has opted to repurpose the waterfront for leisure and urban uses. This aligns with broader plans to regenerate Mumbai's waterfront.South Mumbai, where most of the port's land is situated, is one of the nation's most valuable locales. The planned marina is set to cater to a significant influx of luxury yachts. Currently, despite India's extensive coastline exceeding 7,500 kilometres, there are very few facilities for mooring luxury yachts. The existing infrastructure forces yacht owners to use inconvenient and inadequate makeshift arrangements near iconic sites like the Gateway of India.Attracting more yachts to the Mumbai areaJitendra Rami, Director of <a data-gid="gid://syiq/Company/1372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="West Coast Marine (Sea Waif) (Company)">West Coast Marine Yacht Services Pvt Ltd</a> and M2M Ferries, stated that the Mumbai Port Authority has already conducted the first round of stakeholder consultations, which I attended, for the marina. Planned for a location outside the Princess and Victoria Docks, this marina will be situated adjacent to Cross Island, directly in front of the docks. The MPA is expected to conduct another round of stakeholder consultations soon. The establishment of a marina in Mumbai has been a longstanding demand of the industry, and we hope that this project will soon come to fruition.The development aims to transform the local economy by enhancing the area's appeal to tourists and yacht owners. With around 200 leisure boats typically moored near the Gateway of India due to the lack of dedicated marina facilities, the new marina aims to provide a world-class berthing option, equipped with comprehensive marina services. This initiative is not only expected to promote urban growth but also to open up new avenues for sea-based tourism.<img src="https://photo-assets.superyachttimes.com/photo/301382/image/large-72b2ec6789cf2c5339b5fdeacca2efb3.jpg" data-gid="gid://syiq/Photo/301382">

Mumbai Port Authority to self-fund marina development

According to local media sources, the Mumbai Port Authority (MPA) has announced a significant shift in its plans to develop a marina.

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<a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>, a provider of superyacht services, has announced the opening of several new offices in the Kingdom of Saudi Arabia (KSA), marking a significant expansion.<img src="https://photo-assets.superyachttimes.com/photo/331228/image/large-382e40036ac6dfcedddc97cedcdbb66a.jpeg" data-gid="gid://syiq/Photo/331228">In partnership with Faisal M. Higgi &amp; Associates Co., the company is establishing strategically positioned offices in key port locations such as Yanbu (serving as the headquarters), Jeddah, Jizan, Rabigh, Duba, Dammam, and <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a> in <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>.&nbsp;Commenting on the partnership, Abdulaziz Faisal Higgi, Managing Partner at <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> Saudi Arabia, stated, “At Faisal Higgi Company, our collaboration with <a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a> perfectly complements Saudi Arabia’s Vision 2030. Together, we are dedicated to enriching the yachting experience in our local market, introducing world-class expertise to the region, and playing a pivotal role in the development of luxury maritime tourism along the Saudi shores.”Read:&nbsp;<a data-gid="gid://syiq/Article/60978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A look at Saudi Arabia's marina developments (2024-08-08 16:00:00 +0200)">A look at Saudi Arabia's marina developments</a>The aim of the expansion is designed to provide continuous support throughout the clients' journeys, ensuring seamless service from the Mediterranean to Egypt’s Suez Canal and the Gulf, through the Red Sea to <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a>, and beyond."We are thrilled to establish operations in Saudi Arabia, a region experiencing rapid growth in the yachting sector. Our partnership with Faisal M. Higgi &amp; Associates Co. Ltd underscores our dedication to delivering unparalleled services to our clients as they navigate the exceptional destinations along the Saudi Arabian coastline," stated Nikolaos Patsiokas, COO 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/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492"><a data-gid="gid://syiq/Company/1850" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="BWA Yachting (Company)">BWA Yachting</a>'s expansion into Saudi Arabia represents a significant contribution to the country's Vision 2030 initiative, which aims to diversify the economy, enhance tourism, and establish the region as a premier destination for luxury yachting.

BWA Yachting opens new offices in the Kingdom of Saudi Arabia

BWA Yachting, a provider of superyacht services, has announced the opening of several new offices in the Kingdom of Saudi Arabia (KSA).

<a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>, headquartered in Venice, Italy and a key player in the superyacht services sector, has announced a significant strategic expansion into the Caribbean. This growth involves the acquisition of several companies in the region, bolstering its operational scope.<img src="https://photo-assets.superyachttimes.com/photo/330708/image/large-67955ab2f818ca764b8730b21947aec7.png" data-gid="gid://syiq/Photo/330708">Since 2021, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a> has been active in the Grenadines through an exclusive partnership with Erika’s Yacht Agents. This collaboration has now been fully integrated into <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>, extending its coverage to include Sint Maarten. Additionally, the acquisition of Ben's Yacht Services in Saint Lucia and Cobra Yacht Services in Dominica has further expanded its reach. With new offices in Sint Maarten, Antigua, and St. Barth, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> now offers a wider range of continuous and highly specialised services across a broader territory.Commenting on the expansion, Stefano Tositti, CEO of <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a>, said: “This expansion is a crucial step for <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a>. The Caribbean, a strategic area in the yachting world, is well-known to us through our long-standing collaboration with excellent partners such as Erika’s Yacht Agents. We are now integrating these operations with other companies under the <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> brand to ensure continuous, consistent, and high-quality service. With the Caribbean now included alongside the Mediterranean and the Middle East, we cover all key yachting hotspots year-round, making us the only global player in the market known for being truly modern and transparent.”<a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> attributes its success to its expertise in local regulations, anchorage zones, and technical requirements, which it claims enables the company to manage yacht operations effectively and meet client needs. According to the company, its efficiency and quick response in regions facing logistical and supply challenges are backed by a network of offices in key locations.Ichel Moeslikan, Caribbean Operations Manager, stated: "I am thrilled to be leading the <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> project in the Caribbean, coordinating operations from the Grenadines to Sint Maarten. Our team, well known and appreciated by the yachting community, will offer clients a wider range of services and greater efficiency. Captains and owners will be able to cruise the Caribbean with the assurance of excellent and continuous service.”With its expansion into the Caribbean, <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> has further strengthened its global presence, which already includes the Mediterranean and the Middle East.

Acquera Yachting expands its presence in the Caribbean with acquisitions

Acquera Yachting, a key player in the superyacht services sector, has announced an expansion into the Caribbean through strategic acquisitions.

Acquera Yachting expands its presence in the Caribbean

<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, which provides repair and maintenance solutions for superyachts, has announced their takeover of operations of the Golf-Juan shipyard based in the South of France.&nbsp;This latest addition to <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a>’s portfolio spans 9,000-square-metres, and is able to service yachts as long as 45-metres. This expansion marks a milestone for the <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> Group in establishing their presence across “key yachting hubs around the world," the company stated. &nbsp;<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> is working in close collaboration with <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>, which is the concession holder, who has entrusted the group to not only operate the new site but also manage the existing shipyard’s team. <img src="https://photo-assets.superyachttimes.com/photo/330499/image/large-5b900987d92bd03a49e644a378b193dd.jpg" data-gid="gid://syiq/Photo/330499">Rob Papworth commented: “At Golfe-Juan, our goal is to deliver the same high level of quality and attention to detail that <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> is known for throughout the Group, benefiting from our extensive experience in servicing yachts in the under 50-metre segment. We believe Golfe-Juan will quickly become a dynamic and attractive site for both regular clients and newcomers by providing a personalised, flexible boutique experience, as we do at our Origins facility in La Ciotat.”The facility is also being prepared for its newfound role 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 growing operation, which will include upgrading health, safety, and environmental (HSE) protocols. There will also be investments in modernising the shipyard to align its operations with the group’s ESG commitments, particularly regarding water treatment, waste management, and energy efficiency.&nbsp;“Through collaboration with local subcontractors and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> Group’s extensive network of partners, we will ensure that each refit adds real value, positioning Golfe-Juan as a key destination for superyacht refit services in the Mediterranean, while furthering our commitment to sustainable practices,” Papworth concluded.&nbsp;

MB92 expands with addition of Golf-Juan shipyard

MB92 La Ciotat has announced their takeover of operations of the Golf-Juan shipyard based in the South of France. 


MB92 expands with addition of Golf-Juan shipyard in France 

During a press conference at the <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa Boat Show</a>, <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> announced the creation of its new <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a>&nbsp;refit division, dedicated exclusively to servicing <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> yachts. This decision responds to years of owner requests for a shipyard-managed refit and maintenance service.<img src="https://photo-assets.superyachttimes.com/photo/329083/image/large-d27cfa5c03511da77c5659e97a60be7f.jpg" data-gid="gid://syiq/Photo/329083">Operational since 1 September 2024, the division is equipped to serve the global <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> fleet of approximately 2,000 yachts. The <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> refit facilities feature a 3,000-square-metre warehouse at the main production site. Located in Torre Annunziata, it is designed to accommodate up to five yachts simultaneously, for comprehensive restoration and modernisation.The <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> team will provide a range of refurbishment services, including teak deck replacement, painting, upholstery updates, and system upgrades, such as navigation and onboard systems. Each service is designed to preserve and enhance the vessel's value, comfort, efficiency, and safety.Cataldo Aprea, President of <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a>, commented on the new developments, stating: “It is a source of pride for me to announce this new refit division, which was born from a market request, and which testifies to the prestige of our boats sailing the world’s seas. A special thanks to all the <a data-gid="gid://syiq/Company/5113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Apreamare (Company)">Apreamare</a> workers who work every day with commitment and care so that we can continue to offer a product of the highest quality.”

Apreamare establishes new refit division

During a press conference at the Genoa Boat Show, Apreamare announced the creation of its new Apreamare Refit division.

Apreamare announces new refit division at Genoa Boat Show

During the <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa International Boat Show</a> last week, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> revealed the expansion of their marinas into Italy, as well as the Mediterranean.The company has acquired Porto Mirabello, a superyacht marina situated in the Gulf of La Spezia, Italy. This recent addition to their marinas means <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has expanded to six marinas in Italy, furthering their presence in one of the most recognised yachting destinations.&nbsp;Porto Mirabello offers 407 berths and amenities including a heliport, upscale dining choices, and boutique shopping. <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> used their <a data-gid="gid://syiq/Event/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genoa International Boat Show - 2024 - 64th">Genoa Boat Show</a> press conference as an opportunity to showcase their plans for the marina, which involve enhancing its facilities, along with the local community and economy. <img src="https://photo-assets.superyachttimes.com/photo/329077/image/large-6279204e923ed689514c1c19420658db.jpeg" data-gid="gid://syiq/Photo/329077">As the third Italian marina <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has added to its portfolio this year alone, the Porto Mirabello addition follows in the footsteps of their Aregai and San Lorenzo addition within the Liguria region.&nbsp;Furthermore, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has undertaken the construction of Livorno Marina, located beside the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> shipyard, with the aim of producing a world-renowned marina for superyachts. The first berths of Livorno Marina will be available in 2025.&nbsp;In addition, since it was included in their selection in 2022, <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> is operating Punta Faro near Venice, as well as Varazze marina in Liguria, in partnership with <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/329076/image/large-e5d30b543a55e4e2118adf233b292b79.jpeg" data-gid="gid://syiq/Photo/329076">Nicolo Caffo, Regional Director of Italy, commented: “Italy is one of the best yachting destinations in the world and is a key region as we seek to offer more cruising options in unique locations. We are thrilled to welcome Porto Mirabello into the <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> family which strengthens our footprint in Italy and also reinforces our commitment to providing world-class marina services. Porto Mirabello’s exceptional facilities and prime location in the Gulf of La Spezia align perfectly with our vision of creating the finest yachting destinations in the Mediterranean. Another exciting project for <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> is the Livorno Marina development with <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti</a> and we are delighted to share details of the progress so far.”“The inclusion of Porto Mirabello into <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’</a>s prestigious portfolio marks a significant milestone for our city. This partnership will bring further attention to La Spezia as a premier yachting destination, fostering economic growth and enhancing our community’s connection to the maritime world. We are excited about the opportunities this collaboration will create, not only for the marina but for the entire region, as we continue to showcase the beauty and hospitality of our coastline,” Pierluigi Peracchini, Mayor of La Spezia, concluded.&nbsp;&nbsp;

D-Marin’s Italy expansion

During the Genoa Boat Show last week, D-Marin revealed their expansion into Italy, as well as in the Mediterranean. 


D-Marin announces expansion to Italy with new marinas

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has announced the launch of a new brokerage division, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale, aimed at offering <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners the opportunity to sell their yachts with the Dutch shipyard.<img src="https://photo-assets.superyachttimes.com/photo/285554/image/large-ee1e4321b5100826f2f5097767414c53.png" data-gid="gid://syiq/Photo/285554">Historically, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> referred resale requests to trusted brokerage partners, but due to increasing demand from owners, the yard has now established a dedicated service. "At <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, we believe that our relationship with our yachts extends far beyond delivery,” explained Arjen van Elk, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale Manager.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> currently has five yachts available for resale, which include the 37.95-metre <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, the 51-metre <a data-gid="gid://syiq/Yacht/1436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Haven51.0m (167'4&quot;)Feadship1993">Double Haven</a>, the 55.2-metre <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, the 65-metre <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a> and the 83.5-metre superyacht <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a>.“Our unparalleled understanding of these vessels, combined with a lifelong commitment to our owners, positions us uniquely to offer a level of service that no one else can," added van Elk.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)"><img src="https://photo-assets.superyachttimes.com/photo/288759/image/large-f0a59451e7549cc38cedb5bb12758d00.jpg" data-gid="gid://syiq/Photo/288759">Feadship</a> Resale is designed to protect the long-term investments of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners, offering tailored advice based on the history and specifications of each yacht. The new service is not intended to replace the role of brokers, but rather to enhance it by providing access to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s archives, craftsmen, and engineers to support the resale process.&nbsp;“We work hand in hand with the brokerage community, acting as a key partner in ensuring that the best interest of our clients is always at the forefront. Our goal is to ensure a seamless and worry-free ownership experience, even as vessels change hands,” added <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale will build upon the success of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Refit &amp; Services department, introduced in 2018, which aims to ensure the ongoing value and pedigree of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yachts. “<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale is a confident step toward the long-term success and enduring value of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> brand,” concluded <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.During the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a>, private viewings will be available for <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, and <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a>, with Arjen van Elk on hand to arrange appointments.

Feadship introduces Resale for Feadship owners

Feadship has announced the launch of a new initiative, Feadship Resale, aimed at offering Feadship owners the opportunity to resell their yachts.

Feadship announces new brokerage division with 5 yachts listed

<a data-gid="gid://syiq/Company/5686" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Navale Vittoria (Company)">Cantiere Navale Vittoria</a> has been acquired by Cavazzana Group, led by Roberto Cavazzana, who successfully won the auction for the company's acquisition on Monday, 16 September, at a value of €8.2 million.<img src="https://photo-assets.superyachttimes.com/photo/176340/image/large-eb1a27289bab38f8a561805989808a06.jpg" data-gid="gid://syiq/Photo/176340">Roberto Cavazzana oversees Het Network, which is a consortium of highly specialised companies and studios operating in the fields of engineering, architecture, and environmental and territorial management.The operation must be ratified by the creditors in the coming weeks, who will then provide their input on the possible approval of the Approved Restructuring Plan (PRO).The acquisition process commenced with an initial offer on 24 July 2024, subsequently revised twice and set as the starting bid for the auction. The offer envelopes were opened on Monday, 16 September, in Rovigo at the office of accountant Maria Clotilde Castellani, a judicial commissioner appointed by Judge Benedetta Barbera of the Rovigo Court.President Luca Zaia of the Veneto Region expressed satisfaction with the recent developments, stating, “This marks the closure of an important phase in the process, which has involved concerted efforts with social partners and the management overseeing this procedure. Initially, there was little optimism. However, we now see promising potential in the new industrial proposal. As outlined during the regional discussions, this proposal plans for a complete break from previous management practices, aims to enhance productivity, and presents an ambitious strategy for the company's revival. This includes retaining the current workforce of 48 employees and further expanding their numbers and skills,” stated President Zaia.“However, it should be noted that the process is not yet complete,” continued President Zaia. “In the coming days, the creditors will need to cast a favourable vote on the compensation proposal, which promises much greater satisfaction than in the event of bankruptcy. The Region has provided technical assistance and training courses to support this transition phase. The current temporary management has performed optimally thus far and must continue to ensure production continuity until the transition to the new company, whose structure is still being defined.”

Cantiere Navale Vittoria acquired by Cavazzana Group

Cantiere Navale Vittoria has announced that the Cavazzana Group has won the auction for the company's acquisition.

Cantiere Navale Vittoria acquired for €8.2 million

<a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a> has announced a strategic merger with the Dutch shipyard, <a data-gid="gid://syiq/Company/3031" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lynx Yachts (Company)">Lynx Yachts</a>, which will now operate as <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>-Netherlands. This merger is a key step in <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>' strategy to enhance its global presence and expand its product line.<img src="https://photo-assets.superyachttimes.com/photo/326776/image/large-6b45cab592bafb53ecc9793751a35bfa.jpg" data-gid="gid://syiq/Photo/326776">Over the course of a year, the <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef</a> executive team conducted an extensive assessment of European shipyards, focusing on their procedures and methodologies. This process included on-site visits to various yards, notably in Turkey and the Netherlands. As a result, <a data-gid="gid://syiq/Company/3031" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lynx Yachts (Company)">Lynx Yachts</a> was identified as a fitting candidate. <img src="https://photo-assets.superyachttimes.com/photo/326778/image/large-4c204aebe3817de580d1768f5caa5382.jpg" data-gid="gid://syiq/Photo/326778">The first yacht, currently under construction at the new facility, will be the <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a> Adventure 780, scheduled for launch in February 2025. Following this, <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a> plans to construct a series of models ranging from 24 to 43-metres.<img src="https://photo-assets.superyachttimes.com/photo/326777/image/large-5bf18d3436d5e8f2b8759cc77828b1fa.jpg" data-gid="gid://syiq/Photo/326777">Commenting on the merger, Jeff Druek, CEO of <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>, stated, “Expanding our presence in the Netherlands and integrating the highly regarded management team from <a data-gid="gid://syiq/Company/3031" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lynx Yachts (Company)">Lynx Yachts</a> into our operations represents a significant milestone for <a data-gid="gid://syiq/Company/4433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Outer Reef Yachts (Company)">Outer Reef Yachts</a>. This partnership aligns perfectly with our commitment to innovation and quality, enabling us to meet the growing demand for adventure yachting across Europe, the United States, Australia, and beyond.”

Outer Reef Yachts merges Lynx Yachts

Outer Reef Yachts has announced a strategic merger with the Dutch shipyard, Lynx Yachts.

Outer Reef Yachts merges with Dutch yard Lynx Yachts

The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> has announced the release of the updated, comprehensive <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l, following its initial launch at last year’s <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>.<img src="https://photo-assets.superyachttimes.com/photo/332126/image/large-873d3f6bc0bc8a25e9cc3cc43b149437.jpg" data-gid="gid://syiq/Photo/332126">Spearheaded by Dickie Bannenberg of <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> and co-created with the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>’s Sustainable Yacht Design Taskforce, the refined Protocol now offers a more detailed, actionable framework aimed at embedding sustainability into yacht design from the outset.The latest edition of the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l covers nine key topics that provide designers with essential sustainability principles, helping them to guide clients towards environmentally responsible decisions when planning new builds. The Protocol stands as a vital tool for achieving a unified industry vision, addressing the environmental impact of yachting with concrete solutions that can be adopted across the sector.<img src="https://photo-assets.superyachttimes.com/photo/332131/image/large-e51cb2c79cda69137e3a681309476924.jpg" data-gid="gid://syiq/Photo/332131">The Designers’ Protocol&nbsp;Launched originally at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show 2023</a>, the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l has evolved into a comprehensive document that underscores the growing importance of sustainability in yachting. The protocol addresses areas such as the Life Cycle Approach, operational profiles, energy efficiency, and key technical details like hotel loads, air conditioning systems, glazing treatments, and hull colour—all crucial for reducing a yacht’s environmental footprint.Read:&nbsp;<a data-gid="gid://syiq/Article/58745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Designers' Protocol unveiled: The next step towards sustainable superyacht design (2023-10-02 12:30:00 +0200)">The Designers' Protocol unveiled: The next step towards sustainable superyacht design</a><img src="https://photo-assets.superyachttimes.com/photo/332129/image/large-6dc6f05b8b1e897016661ba999e4e21c.jpg" data-gid="gid://syiq/Photo/332129"><a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>'s Sustainable Yacht Design Taskforce, in collaboration with major design studios, suppliers, and naval architects, has shaped the document into a standardised guide for designers. This effort aims to ensure sustainability is integrated into every phase of yacht construction.A panel discussion held during the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a> offered insights into the Protocol's development. Moderated by Francesca Webster, Editor in Chief at <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>, the session featured Dan Wupperman, Head of Group Initial Design at <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>; Tanno Weeda, Head of Design at <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>; and Matthew Anzardo, Global Segment Lead at <a data-gid="gid://syiq/Company/7254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AkzoNobel (Company)">AkzoNobel</a>.The panellists highlighted the importance of collective industry effort, noting that sustainable yachting cannot be achieved in isolation. "We need to make clients aware of what is possible in a comprehensive way and move forward accordingly together. Those who don’t join us will be left behind,” said Weeda.<img src="https://photo-assets.superyachttimes.com/photo/332130/image/large-b085238868148d120e0d46622a054c93.jpg" data-gid="gid://syiq/Photo/332130">Key advocates for changeThe Protocol reinforces the pivotal role designers play in shaping the future of yachting. As one of the earliest points of contact for clients, designers have a unique opportunity to influence environmentally responsible decisions. The Protocol equips them with the tools and knowledge to guide clients through the sustainability journey from the very beginning of the design process.“In general, most clients have been engaged by the ideas within the Protocol” added Wupperman. “While some were initially uninterested, once we start demonstrating the benefits and taking them through the process step by step, it opens the door to conversations.”The release of the refined <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l represents a collective commitment across the yachting industry. By uniting suppliers, designers, naval architects, and engineers, the document fosters a shared vision for advancing environmental responsibility. “It’s not one magic bullet – the whole industry must work together to make yachting more sustainable,” said Anzardo.As the yachting industry continues to evolve, the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l serves as an essential resource, ensuring that sustainability is at the core of future yacht projects. Through broad collaboration and innovation, the Protocol offers a clear pathway towards a more environmentally conscious future for the yachting sector.

Designers’ Protocol: Updated version unveiled by Water Revolution Foundation

The Water Revolution Foundation has announced the release of the updated, comprehensive Designers’ Protocol 2024. 

Water Revolution Foundation unveils updated Designers’ Protocol at MYS 2024

Harrison MacManus joined <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">Yachting Partners International (YPI)</a>’s Monaco office as Charter Manager in November 2022, quickly adapting to his role. With eight years of experience as a crew member on superyachts, he brings a fresh perspective focused on consistent growth, inspired by Sir Dave Brailsford’s ‘one percent philosophy.’&nbsp;“We strive for marginal gains of one or two percent, as even small enhancements can lead to significant progress over time,” he explains. INEOS’s recent part-acquisition of Manchester United has inspired MacManus to think more creatively in the department's day-to-day practices. “We can always do better, dig deeper, find more for our clients”This approach has shown promise, with <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> reporting a 30 percent increase in revenue for their fleet of 13 superyachts this year-to-date, compared to 2023. To learn more about <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI’</a>s growth and the unique strategies driving it, we spoke with Charter Manager Harrison MacManus, who attributes this success to bespoke and data-driven client service.<img src="https://photo-assets.superyachttimes.com/photo/331230/image/large-c91f826fd52227fa19a68605d29a8828.jpg" data-gid="gid://syiq/Photo/331230">Boutique and data-driven serviceMacManus notes that the company has undergone substantial changes over the past 18 months, signalling “a new reset in its culture and mentality,” with “a distinct startup mentality emerging.” His aim is to create a boutique experience, especially for larger yacht owners who feel overlooked by bigger firms. “We want to assure clients that they will receive our full attention. Reporting is essential for keeping our clients engaged throughout the entire process. Our primary focus is to consistently deliver value at every stage,” he emphasises.One key shift that has bolstered <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a>’s charter division performance is the increased use of data and artificial intelligence. Beyond strategically enhancing business-to-business inquiries and leveraging AI to identify brokers with clients suited for the yachts they manage, the <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> team also provides data-driven insights on a weekly or monthly basis to the yacht owners they work with.<img src="https://photo-assets.superyachttimes.com/photo/332052/image/large-b990f60f600875572b9909a5854d0e8c.jpg" data-gid="gid://syiq/Photo/332052">“We send market reports and inquiry updates to our clients on a weekly basis, keeping them informed about changes in the industry, price drops and new yachts entering the market,” says MacManus. Upon joining the company, he realised the importance of expanding the reports to all clients, rather than just a select few.“Providing these weekly or monthly updates adds value and demonstrates the service we offer. It’s not just about presenting an offer and a contract; we want to maintain contact and show our interest and care for their yacht. We aim not only to provide a strong revenue stream for our clients but also to share our marketing expertise. Consistent reporting helps clients feel valued and informed,” explains MacManus.<img src="https://photo-assets.superyachttimes.com/photo/332064/image/large-94dfa085b9250823ce94c06a0dc7c228.jpg" data-gid="gid://syiq/Photo/332064">Informed decision making in a tight marketThe reports are semi-tailored, covering inquiries, booking levels, and year-on-year comparisons, while collaborating with marketing to provide insights on trends and yacht promotion. This service also allows MacManus to assess clients’ commercial mindset by prioritising those who view their yachts as revenue assets, while permitting others to opt out of data updates.“This year, charter clients have been particularly price-conscious,” MacManus observes, underlining the need for owners to align their expectations with market realities. While many owners see their yachts as prime investments, <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> focuses on providing accurate market data to facilitate informed decisions. Regular market reports are vital, as MacManus states, “They provide market knowledge and help owners understand when to adjust pricing or negotiate.”<img src="https://photo-assets.superyachttimes.com/photo/332066/image/large-57a93d2356d77113582e7cadca9e4e7a.jpg" data-gid="gid://syiq/Photo/332066">“We have helped our owners become more flexible and commercially oriented, largely due to our regular data updates,” he explains. Rather than suggesting arbitrary price cuts, MacManus stresses the importance of context and credible advice in navigating shifting market conditions. “By offering data and insights based on our historical knowledge, we ensure that our recommendations are informed and relevant,” he adds.Strategic and tailored marketing<a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> has collaborated closely with its marketing team to refresh the fleet’s image, ensuring each vessel remains relevant in the evolving market. This has contributed to <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> charter fleet revenue in the 20 to 35-metre segment surging by 185 percent this year-to-date, compared to 2023. In addition, yachts between 60 to 80 metres and above experienced a 69 percent increase.<img src="https://photo-assets.superyachttimes.com/photo/332065/image/large-6e222907edd116c149efa17f57440543.jpg" data-gid="gid://syiq/Photo/332065">MacManus attributes the notable increase in charter fleet revenue partly to a shift in owner mentality: “Owners are realising the need to reinvest in their products.” He cites a specific case where a yacht transformed its charter performance after adopting a cost-effective wrapping method, allowing significant aesthetic changes at a fraction of the traditional repainting cost.MacManus notes that, “these owner investments have been transformative, with the marketing team playing a crucial role in these improvements.” Indeed, “the previous marketing materials were inadequate for some yachts,” and new imagery to display the yacht’s features has played a crucial role in promoting them, particularly to a younger clientele. <img src="https://photo-assets.superyachttimes.com/photo/332071/image/large-72f2d0be1711627190c08357a00a2253.jpg" data-gid="gid://syiq/Photo/332071">The 35 to 60-metre segment experienced only a modest 10 percent increase, indicating intense competition: “There are simply too many boats in that range, and with more launching, competition will intensify next summer.” This highlights the necessity of a data-driven approach to tailor proactive marketing strategy.Looking Forward“Our fleet consists of only 13 boats, making every new client invaluable,” he adds. Over the past eight to nine months, <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> has refined its marketing strategies, ensuring every lead is pursued vigorously. “We are relentlessly connecting with charter brokers and clients and gauging their interest. You never know what opportunities may arise,” MacManus states. <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> also embraces a “cube mentality,” providing charter management clients with access to in-house sales and yacht management services, and so on.”<img src="https://photo-assets.superyachttimes.com/photo/315923/image/large-a965b13162ae37322bcbc001bba44aa8.jpg" data-gid="gid://syiq/Photo/315923">In an ever-changing, high demand service environment “all of our clients have remained with <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a>, which gives me confidence in our position. Our drive is to deliver, long -term, consistent value to our clients, resulting in long term relationships," he states, emphasising that consistency is key to continued growth. “For next year, our goal is to significantly increase our repeat business, showcasing the quality of experiences we provide. A strong track record of repeat clients demonstrates secure revenue streams for long-term success,” he concludes.

Yachting Partners International boosts charter revenue by 30%

Discover how YPI’s Harrison MacManus drives growth with bespoke service, data insights, and strategic marketing in superyacht charter management.

Early bird tickets for the seventh edition of the <a data-gid="gid://syiq/Event/245" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Crew Awards - 2024 - 7th Edition ">Crew Awards 2024</a>, organised by <a data-gid="gid://syiq/Company/7679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acrew (Company)">ACREW</a> are now available. Set to take place on 16 November 2024 from 18:00 to 01:00 at the Anantara Grand Hotel Krasnapolsky in Amsterdam, the event aims to recognise excellence and dedication in the superyacht industry.<img src="https://photo-assets.superyachttimes.com/photo/313062/image/large-c7de946fff01df7ed1324be089d7e63e.jpeg" data-gid="gid://syiq/Photo/313062">The theme for this year’s event is Crystal Gala, with the dress code of White Elegance promising to bring a sophisticated and stylish atmosphere to the evening. Attendees can expect a night of celebration, honouring the exceptional efforts of superyacht crew members, alongside networking opportunities with industry leaders and peers in one of Amsterdam’s most iconic venues.With 15 exciting categories, the judging panel, composed of former and current senior superyacht captains and industry professionals, have carefully assessed the nominees to ensure that excellence is duly acknowledged.The categories aim to encompass a diverse range of aspects within the superyacht crew industry, recognising excellence in various roles and responsibilities, from deckhands and engineers to chefs and stewardesses, ensuring that every individual's contribution is valued and celebrated.<img src="https://photo-assets.superyachttimes.com/photo/310143/image/large-d76252af6d32bb209a2c2753678757a2.jpg" data-gid="gid://syiq/Photo/310143">The 15 categories include:<ul><li>The Best Captain Master Unlimited- Sponsored by <a data-gid="gid://syiq/Company/3814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YPI CREW (Company)">YPI CREW</a></li><li>The Best Captain Master 3000GT- Sponsored by Nautica Assistance</li><li>The Best Captain Master 500GT- Sponsored by <a data-gid="gid://syiq/Company/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Casa de Campo (Company)">Marina Casa de Campo</a></li><li>The Best First Officer Crew- Sponsored by <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright</a></li><li>The Best Engineer &amp; ETO Crew- Sponsored by <a data-gid="gid://syiq/Company/5491" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OmniAccess S.L. (Company)">OmniAccess</a></li><li>The Best Chief Stew/Purser- Sponsored by Sea Emporium</li><li>The Best Social Influencer- Sponsored by <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a></li><li>The Environmental &amp; Sustainability- Sponsored by <a data-gid="gid://syiq/Company/2719" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boero YachtCoatings (Company)">Boero YachtCoatings</a></li><li>The Best Chef- Sponsored by Gourmet Deliveries</li><li>Best Lead Deckhand/Bosun- GMC Yachting</li><li>Best Deckhand</li><li>Health &amp; Wellness</li><li>The Best Stew- Sponsored by Seably Mintra</li><li>Lifetime Achievement- Sponsored by <a data-gid="gid://syiq/Company/7352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zijlstra Interiors (Company)">Zijlstra Interiors</a></li><li>Best Superyacht- Sponsored by <a data-gid="gid://syiq/Company/4475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ATPI Yacht Logistics (Company)">ATPI Yacht Logistics</a></li></ul>“This prestigious event promises a night of glamour and recognition, where the best of the best will be applauded for their hard work and commitment,” explained <a data-gid="gid://syiq/Company/7679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acrew (Company)">ACREW</a>.<img src="https://photo-assets.superyachttimes.com/photo/310145/image/large-05f7a63b44c53d9e47d69a6c10da1727.png" data-gid="gid://syiq/Photo/310145">As well as this, the event includes many sponsors from prestigious brands and companies such as <a data-gid="gid://syiq/Company/4048" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Liquid Yacht Wear (Company)">Liquid Yacht Wear</a>, <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a>, GF Entertainment, <a data-gid="gid://syiq/Company/834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Döhle Yachts (Company)">Döhle Yachts</a> and Howden Group, TridentTrust, Floatist, Colin Squire Publishing and official media sponsor <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>.

ACREW Crew Awards 2024 tickets now available!

Early bird tickets for the seventh edition of the Crew Awards 2024, organised by ACREW are now available.

ACREW Crew Awards 2024: Tickets now available!

For our latest Entrepreneur in Yachting feature, Francesca Webster sits down with her friend Mariangela Oliveri to discuss her luxury linens business <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>. Established in 2011, <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> has evolved into one of the premier sustainable linen companies for the yachting and aviation sectors over the past decade. We explored its inception, the challenges Mariangela faced in establishing a sustainable business before sustainability became a trend, and her conviction that quality and service are the keys to success in the superyacht industry.<img src="https://photo-assets.superyachttimes.com/photo/331994/image/large-c16f54ec63cb14a14d02590c1d28c25c.jpg" data-gid="gid://syiq/Photo/331994">What was the origin of the business and what is your background?&nbsp;Throughout my business degree my goal was to set up a company within the realm of luxury materials so I approached every class during my five year degree as an opportunity to develop the business plan. In fact, the original concept for <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> was the final essay at university, so although the company was founded in 2011, it had really been with me for years before then.&nbsp;After university, I decided that before establishing my own business, I needed to learn how to work within a team and to grow in practical experience. It felt presumptuous to assume I had all the answers without appropriate training, so I joined a company in Asia for five years importing luxury furniture design manufacturers. During that time I learnt how to work with different people, from various backgrounds and cultures and it taught me the skills that you need in order to manage your own team and your own clients. It was an incredible learning experience and gave me the opportunity to work in a varied and complex environment, and after five years I returned to Italy and began the research process for the business. <img src="https://photo-assets.superyachttimes.com/photo/331999/image/large-21757ca123fc9e37a78d60e699868147.jpg" data-gid="gid://syiq/Photo/331999">Why did you decide to focus on high-end, sustainable linens?&nbsp;I’ve always had a deep passion for quality and for me Italian linen is the supreme material with an amazing heritage, however the sustainable approach was not in my original concept. I wanted to offer the lineage of linen with a modern twist, but I didn't yet know what that twist was. I am an observer by nature and when I returned from Asia in 2011 sustainability was beginning to become mainstream, with eco foods in supermarkets for example and the demand was increasing . Sustainability was also becoming a buzz word in the media and I could see that it would only increase in significance, so I decided that founding the business with a truly green heart would set <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> apart from the rest of the market. That is when the struggle really started.At that time it was impossible to find refined sustainable fabrics. Everything on the market was rough and completely unsuitable to luxury linen products. That was a period of frustration and of almost giving up because once I'd set my heart on the sustainable element of the business there was no way that I was going back. It became absolutely central to my belief in the company.<img src="https://photo-assets.superyachttimes.com/photo/331998/image/large-5f21af1057a168c58caf722e89ffeb08.jpg" data-gid="gid://syiq/Photo/331998">How did you overcome that hurdle?I met with the owner of Italy’s largest fabric producer, and after an eight hour meeting managed to convince him to invest in a certified sustainable production line. He said, “If I can't convince you to change your mind about this approach in eight hours, you must be able to see something I haven't seen yet, so we will try it.” That was an amazing moment. Two years later, he had certified the entire production line of the company and had become one of the first sustainable fabric suppliers in Italy.&nbsp;So your investment in creating the business sustainably delayed the foundation of the company – why did it become so important to you?The answer is twofold. The first is ethical, but the second was strategic. I could foresee that sustainability would become an important factor of businesses in the future and fortunately reality has shown that my instinct was right. The decision to create a certified business from the ground up also means that everything we do is done in a sustainable way – our materials, work standards and business practices are routinely reviewed to ensure that we are maintaining the certified standards. When I see companies today launching ‘sustainable lines’ I know that it is greenwashing. You cannot be sustainable in one collection, it is a hypocrisy, either you believe in it and practise it throughout your business, or it is a gimmick to sell your products.&nbsp;What are some of the challenges you’ve faced since establishing the business?Well, aside from the initial challenge of finding the suppliers, we have faced many challenges in the past 13 years. Our first line was a kids bed linens collection because I thought mothers would be sensitive to the sustainability aspect, but it really didn't go as expected. I invested a lot of money and almost went broke. I realised that the market wasn’t ready for the sustainable topic to be the main focus of the business, so I developed the business model focusing on the concept of Italian quality, with an international service approach.&nbsp;Italian’s make wonderful products, and Made in Italy still carries a lot of weight internationally, but Italian companies are not good at marketing, customer service etc. So I decided to focus a lot of investment in our service offering, utilising my international experience to create something different and that is how <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> came to the yachting industry, where quality and service are most recognised.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/332000/image/large-90fdc1caae0a58aa21af956ebab21436.jpg" data-gid="gid://syiq/Photo/332000">When did yachting linens become the focus of the business?In about 2013 we decided to approach the yachting sector, making our first sales in 2014 and pulling the company out of some challenging financial times. Then things progressed quickly because we secured <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> as one of our first clients. In fact when I went to Benetti to pitch our business, they had an array of linen suppliers on show, but by the end of our meeting we had secured our position as the exclusive supplier for the shipyard and that really established our relationship with the yachting sector.&nbsp;What do you think they saw in your products? What set&nbsp;<a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>&nbsp;apart?The quality of every single detail. Every piece that carries our label is checked by hand right down to the stitching because I want my team to be proud of every piece. We will take as long as it takes for it to be perfect and I think that sets us apart from other companies. I have a huge amount of respect for Hermes, which I believe is the only true example of true luxury brand. They continue to make their bags by hand, they aren’t interested in speed or numbers, they are focused on quality and that is my focus for <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>. <img src="https://photo-assets.superyachttimes.com/photo/331993/image/large-f12efeba8de238fae187efa8cfdede06.jpg" data-gid="gid://syiq/Photo/331993">How have you maintained that level of control and what do you think are some of your keys to success?With a lot of saying no. The success of a brand is more in the no’s than the yes’s. We’ve been approached by retailers offering display space, but you will never find <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> products on the shelf, we’ve also been approached to create products for under famous brands. Our know-how is precious to me and we will never supply our products under someone else’s label.The company is also completely self financed, so there are no investors telling me to cut budgets and increase production at the sacrifice of quality. I will make no compromises and that is really important to who we are. I also think that the most important thing when you’re an entrepreneur is that you involve everyone in your dream. From your suppliers, to your employees, you have to make them believe and in order to do that, you have to truly believe in yourself and in what you're doing. You have to be incredibly resilient as well, because it doesn't always go well, there are going to be challenges and in those times that belief is extremely important.&nbsp;This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" target="_blank">available for download here.</a>

Mariangela Oliveri sustainable linens

We sit down with Mariangela Oliveri to discuss her sustainable linens company.

Mariangela Oliveri on sustainable linens, building a business and the meaning of luxury

The 29.1-metre <a data-gid="gid://syiq/Yacht/9007" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo SL96/73429.1m (95'6&quot;)Sanlorenzo2020">Sanlorenzo SL96/734</a> motor yacht has entered the market with <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>. <img src="https://photo-assets.superyachttimes.com/photo/332073/image/large-04420906ba7596df29ed34d199eb245f.jpg" data-gid="gid://syiq/Photo/332073">Delivered by her Italian shipyard in 2020 as part of their <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SL96 Asymmetric line, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, interiors 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 crafted in-house by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.<img src="https://photo-assets.superyachttimes.com/photo/332057/image/large-d8267dac635ac4a3567dd86299f6f690.jpg" data-gid="gid://syiq/Photo/332057"><img src="https://photo-assets.superyachttimes.com/photo/332047/image/large-e8a3196827f7655399c2480deea14d60.jpg" data-gid="gid://syiq/Photo/332047"><img src="https://photo-assets.superyachttimes.com/photo/332055/image/large-8d43075d0da855b9bfce5e6e491f145e.jpg" data-gid="gid://syiq/Photo/332055">With a volume of 100 GT and a beam of 6.79-metres, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo-sl96-734/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Sanlorenzo SL96/734 for sale</a> ensures plenty of room for those onboard to enjoy. Each stateroom is decked out with expansive windows for natural light, along with state of the art entertainment systems to keep guests comfortable during their stay.<img src="https://photo-assets.superyachttimes.com/photo/332050/image/large-4dd491628593422573331779099b8c44.jpg" data-gid="gid://syiq/Photo/332050"> <img src="https://photo-assets.superyachttimes.com/photo/332012/image/large-542fe4d52765e3a94162c39fdd36b386.jpg" data-gid="gid://syiq/Photo/332012"><img src="https://photo-assets.superyachttimes.com/photo/332014/image/large-ba1c19da988407b9afb7cc1d077f8f7c.jpg" data-gid="gid://syiq/Photo/332014">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale’</a>s modern interiors marry dark furnishings and walls with pale-coloured furnishings and detailing for a glamorous ambiance throughout.<img src="https://photo-assets.superyachttimes.com/photo/332058/image/large-779ece42156fe23fd8cdf0cd19856f3b.jpg" data-gid="gid://syiq/Photo/332058"> <img src="https://photo-assets.superyachttimes.com/photo/332015/image/large-90481423d2356e00e56acad94d5da437.jpg" data-gid="gid://syiq/Photo/332015"><img src="https://photo-assets.superyachttimes.com/photo/332016/image/large-307a734629bb0f2d013a403f18384aba.jpg" data-gid="gid://syiq/Photo/332016">When it comes to outside forms of entertainment, those onboard are invited to host alfresco meals in either the shade or sunshine, and socialise on plush outdoor seating arrangements with pops of eye-catching red colour.<img src="https://photo-assets.superyachttimes.com/photo/332021/image/large-50acde7bfd481a27a38305a718832db7.jpg" data-gid="gid://syiq/Photo/332021"><img src="https://photo-assets.superyachttimes.com/photo/332026/image/large-2b1d3870ae00146ff31f12421c8ba8bd.jpg" data-gid="gid://syiq/Photo/332026"><img src="https://photo-assets.superyachttimes.com/photo/332027/image/large-a6f95a87d9b3d7b3ba33114381a660c3.jpg" data-gid="gid://syiq/Photo/332027">In terms of her performance, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo/for-sale" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that propel her to a cruising speed of 26 knots and a top speed of 28 knots. <img src="https://photo-assets.superyachttimes.com/photo/332031/image/large-64392a20c4dd90f142515e5875d2bdd5.jpg" data-gid="gid://syiq/Photo/332031"><img src="https://photo-assets.superyachttimes.com/photo/332029/image/large-48c3b4434bd197e3f1cd7a3935d149c4.jpg" data-gid="gid://syiq/Photo/332029">

29m Sanlorenzo SL96/734 yacht for sale 

The 29.1-metre Sanlorenzo SL96/734 motor yacht has entered the market with Simpson Marine. 


The brand-new 23.99-metre Wally motor yacht <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> sold in a deal with Michele Lecce of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">Next Yachting</a> introducing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/332069/image/large-a8a7c024f129f2a60c3e2edd16d6b5e4.jpg" data-gid="gid://syiq/Photo/332069">Delivered in 2024 as the third hull in the wallywhy150 yacht series, <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> is constructed with a GRP hull and superstructure, with exterior design and naval architecture penned by her builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>. <img src="https://photo-assets.superyachttimes.com/photo/332068/image/large-220e576f0fb2bfd8745a8244468f85b8.jpg" data-gid="gid://syiq/Photo/332068">Characterised by an internal volume of 150 GT, the main saloon of <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> benefits from floor-to-ceiling windows, which illuminate her lounge and dining area. Her 2.5-metre ceiling height and flush decking also allow the saloon to merge seamlessly with her cockpit.<a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024"><img src="https://photo-assets.superyachttimes.com/photo/233571/image/large-f4a10353012d87bcea2a112e2b8faa33.jpg" data-gid="gid://syiq/Photo/233571">Didi</a> offers accommodation for up to eight guests across a four stateroom configuration, consisting of a full-beam forward-facing master suite on the upper deck with 270-degree views, while two doubles and a twin are situated on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/332067/image/large-48c7eb3cd0d6d6eb13a413c4ae1a17bb.jpg" data-gid="gid://syiq/Photo/332067"><img src="https://photo-assets.superyachttimes.com/photo/332070/image/large-b02579903ae53f17e718b4a63b1baf29.jpg" data-gid="gid://syiq/Photo/332070">In terms of performance, <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</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> IPS1350 engines, providing her with a top speed of 23 knots and a comfortable cruising speed of 21 knots. <img src="https://photo-assets.superyachttimes.com/photo/327279/image/large-59781695e377b9d1302e094c3efaec2c.jpg" data-gid="gid://syiq/Photo/327279">

24m Wally motor yacht Didi sold

The 23.99-metre Wally motor yacht Didi sold in a deal with Michele Lecce of Next Yachting introducing the buyer.

Brand-new 24m wallywhy150 motor yacht Didi sold

The 25.91-metre <a data-gid="gid://syiq/Company/670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hodgdon Yachts (Company)">Hodgdon</a> motor yacht <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> is on the market with Jason Duggan of <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">Yachting Partners International</a>. <img src="https://photo-assets.superyachttimes.com/photo/223078/image/large-a53d2b819726111615c1c68711ab2157.jpg" data-gid="gid://syiq/Photo/223078">Delivered in 2013 and having undergone a refit in 2016, <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> features exterior design by <a data-gid="gid://syiq/Company/146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald L. Blount & Associates (Company)">Donald Blount</a> and <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a>, and interiors penned by <a data-gid="gid://syiq/Company/4404" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Whiteley Design (Company)">Mark Whiteley Design</a>. The <a href="https://www.superyachttimes.com/yachts/valyra/for-sale" rel="noopener noreferrer" target="_blank" title="">Valyra yacht for sale</a> was constructed entirely from carbon fibre by the <a data-gid="gid://syiq/Company/670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hodgdon Yachts (Company)">Hodgdon Shipyard</a> at their Boothbay Facility in Maine. <img src="https://photo-assets.superyachttimes.com/photo/223080/image/large-a7b735f13af45cb94cff814945b0bfd7.jpg" data-gid="gid://syiq/Photo/223080"><a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a>’s major 2016 refit was carried out by her original shipyard, and the sport boat yacht has been under a maintenance agreement with <a data-gid="gid://syiq/Company/243" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich Shipyards (Company)">Rybovich Shipyards</a> in the years that followed, leaving her in stellar condition. <img src="https://photo-assets.superyachttimes.com/photo/223016/image/large-6b43fbd25ffe3db6147940dd475424c1.png" data-gid="gid://syiq/Photo/223016"><img src="https://photo-assets.superyachttimes.com/photo/223030/image/large-1b01f1ca500ee3fb24fee6d6c46acfd4.jpg" data-gid="gid://syiq/Photo/223030">With a volume of 63 GT and a beam of five-metres, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is capable of hosting as many as four guests across a two stateroom layout, while accommodation is also available for two crew members. <img src="https://photo-assets.superyachttimes.com/photo/223097/image/large-d493dc87d3a0f0d5bf1b13e436fc3c7a.jpeg" data-gid="gid://syiq/Photo/223097"><img src="https://photo-assets.superyachttimes.com/photo/223085/image/large-a61c0258df07fe64e3835ebd32a4f3cc.jpeg" data-gid="gid://syiq/Photo/223085"><img src="https://photo-assets.superyachttimes.com/photo/223087/image/large-71f74554066057e3732661ad0596d872.jpeg" data-gid="gid://syiq/Photo/223087">Throughout her opulent interiors, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> exhibits a largely neutral colour palette composed of brown, white, grey, and beige, for a timeless and chic aesthetic. Outdoors, guests are able to recline on soft sunpads, dine alfresco in the sunlight or shade, or take a plunge in the surrounding ocean via the swim platform. <img src="https://photo-assets.superyachttimes.com/photo/223022/image/large-d43e233b998eea0a17bb79c6f5b3a9fe.png" data-gid="gid://syiq/Photo/223022"><img src="https://photo-assets.superyachttimes.com/photo/223034/image/large-ba3955a21555e3d4ebeb1e1cbc1358bb.jpg" data-gid="gid://syiq/Photo/223034"><img src="https://photo-assets.superyachttimes.com/photo/223066/image/large-88a52ed10d5c05873b6d751e41e2c1ec.jpg" data-gid="gid://syiq/Photo/223066">The <a href="https://www.superyachttimes.com/yachts/hodgdon/for-sale" rel="noopener noreferrer" target="_blank" title="">Hodgdon yacht for sale</a> is fitted with a <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">SeaKeeper</a> Zero Speed Stabiliser for a comfortable onboard experience. Performance-wise, <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> is powered by triple <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines and two Kamewa waterjets and a central booster that propel her to a swift top speed of 58 knots and a cruising speed of 37 knots. <img src="https://photo-assets.superyachttimes.com/photo/223072/image/large-50df0b4100df91c75a53f8a2173948fa.jpg" data-gid="gid://syiq/Photo/223072">

26m Hodgon yacht Valyra for sale 

The 25.91-metre Hodgon motor yacht Valyra is on the market with Jason Duggan of Yachting Partners International. 

26m Hodgon sport boat yacht Valyra on the market 

The 58.83-metre expedition yacht <a data-gid="gid://syiq/Yacht/697" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seawolf58.83m (193'0&quot;)J. & K. Smits Scheepswerven N.V.1957">Seawolf</a> has been relaunched following an extensive two-year refit at Falmouth shipyard <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a>. The converted tug, which was originally built in 1957 by <a data-gid="gid://syiq/Company/20" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="J. & K. Smits Scheepswerven N.V. (Company)">J. &amp; K. Smits Scheepswerven N.V.</a> and converted in 2002 into a luxury yacht, arrived at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> in March 2022. She has been spotted during sea trials in Falmouth Harbour.<img src="https://photo-assets.superyachttimes.com/photo/331622/image/large-c27c3a4908499fb4fa178e4144c17239.jpg" data-gid="gid://syiq/Photo/331622">Originally featuring a design by <a data-gid="gid://syiq/Company/578" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DBR Huisman (Company)">DBR Huisman</a> who penned the lines and interiors of her four-year conversion in 2002, the yacht's rebuild and new design has been kept tightly under-wraps with few details about the work unveiled. In 2022, her owner shared that the extensive programme of works would include new guests and crew interiors, modifications to her exterior styling, engineering and mechanical works and a full repaint of her hull and superstructure.Currently able to accommodate 12 guests between six staterooms, she features one luxurious master suite, one VIP suite, two doubles and two twin staterooms. Over recent years, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> has built a solid reputation within the refit sector and has recently completed the restoration of yachts such as 58.8-metres <a data-gid="gid://syiq/Yacht/534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marala58.8m (192'11&quot;)Camper & Nicholsons Shipyard1931">Marala</a> and more recently, the 68.8-metre conversion yacht <a data-gid="gid://syiq/Yacht/3535" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jester68.8m (225'9&quot;)OY Laivateollisuus1972">Jester</a>.&nbsp;To find out more about the yacht's original conversion, <a href="https://www.superyachttimes.com/yacht-news/motor-yacht-seawolf-conversion-story" rel="noopener noreferrer" target="_blank" title="">read our feature article from 2019</a>.

59m yacht Seawolf relaunched

The 59m expedition yacht Seawolf has been relaunched following a refit at Pendennis. 

59m expedition yacht Seawolf relaunched following two-year refit at Pendennis

<img src="https://photo-assets.superyachttimes.com/photo/331990/image/large-2ed6903ef30e52ba7e31a2f8115a707b.jpg" data-gid="gid://syiq/Photo/331990">Seen here cruising the River Thames in the United Kingdom, two weeks ago, is the 49.38-metre converted yacht <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a>. Originally built in 1970 as an ocean-going rescue tug, <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a> was converted into an expedition yacht in 2001 by <a data-gid="gid://syiq/Company/1070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northport Engineering (Company)">Northport Engineering</a> in New Zealand. In 2019, she underwent a major refit by French studio <a data-gid="gid://syiq/Company/7008" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charles Zana (Company)">Charles Zana</a>, which gave her interior a modern yet classic feel. The refit included the addition of a spa pool on the top deck, new paint and a sun deck capable of landing a five-tonne helicopter. The 699 GT yacht boasts exterior design by <a data-gid="gid://syiq/Company/45" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pieter Beeldsnijder Design (Company)">Pieter Beeldsnijder Design</a> and naval architecture by her original builders. Inside, her bright interior benefits from large windows, while the aft saloon doubles as a library and movie room. Designed to navigate extreme environments, including polar regions, <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a> is powered by a single <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engine, allowing her to cruise comfortably at 11 knots with a top speed of 14 knots.

49m converted yacht Asteria leaving London

The 49m converted yacht Asteria, built by Anastassiades & Tsortanides in 1970, is seen in Gravesend, leaving London, United Kingdom. 

<a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> is striving towards net zero, and as part of this journey has announced a “first-of-its-kind” collaboration with Levidian Nanosystems, a British-based climate tech business.&nbsp;<iframe width="640" height="360" src="https://www.youtube.com/embed/KV0_Qur_4p0?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> Levidian Nanosystems has patented a technology that “cracks methane into hydrogen and carbon, locking the carbon into high-quality green graphene.” The LOOP technology of Levidian “strips out the carbon” from greenhouse gas methane and “transforms everything from composites, to concrete, to batteries,” as its promotional video states.&nbsp;The collaboration is twofold: Levidian has pledged to support <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> towards net zero, while <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> has committed to support Levidian develop the decarbonisation technology within the yachting sector.&nbsp;“Graphene will have a number of marine applications and it has the potential to be an important part of decarbonising the maritime sector,” says John Hartley, Levidian’s Chief Executive. “Our LOOP technology not only offers a green route to producing graphene, but it also offers the ability to rapidly decarbonise some of the heavy industries that are behind the yachts we see today.”To briefly delve into the technical aspects of the Loop device: Levidian has devised a method to crack methane into its constituent elements to produce hydrogen and graphene. Graphene is approximately 200 times stronger than steel and is an excellent conductor of heat and electricity. The raw material could benefit the yachting industry within battery technology, paints and coatings, and desalination systems.Allegedly, another key benefit of the LOOP device is that it “docks seamlessly with existing infrastructure”. After installation a shipyard that relies on natural gasses for heat and power has the potential to reduce its CO2 emissions by 40 percent, as it will be using a cleaner hydrogen-rich blend created on site.&nbsp;“When I was first introduced to Levidian in 2020, I was hugely impressed with the technology and the team behind it,” Jamie Edmiston, Chief Executive of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> commented. “There are clear applications for Levidian’s technology in the maritime sector, and we look forward to working with Levidian as <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> works forward towards net zero.”

Edmiston teams up with Levidian Nanosystems as it strives towards net zero

Edmiston is striving towards net zero, and as part of this journey has announced a “first-of-its-kind” collaboration with Levidian Nanosystems.

Investments & Expansions

Levidian secures £12 million investment from US energy tech giant Baker Hughes