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

Lürssen acquires 25 percent of Lloyd Shipyard 

Project Solaris at Lloyd Werft, Bremerhaven

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Lloyd Werft Bremerhaven shipyard

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

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Lürssen acquires 25% of Lloyd Werft Shipyard in Bremerhaven

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

Edmiston partners with Gulfstream 

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

Edmiston appointed Gulfstream representative for UK and Channel Islands

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

Sanlorenzo to acquire another 33% stake in Duerre

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

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

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

TISG acquires furniture company Celi

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

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

Interview with Frédéric Dormeuil, CEO of SOS Yachting

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

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Five questions with SOS Yachting's new CEO Frédéric Dormeuil

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

 Integra Investments buys Perry Marina in Key West 

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

Integra Investments buys Perry Marina in Florida 

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

Quick Group acquires Sanguineti

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

Public Investment Fund (PIF) is a new minority shareholder of <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>, with a 33% share of the company. PIF, the sovereign wealth fund of Saudi Arabia joins the Group with the prospect of long-term investment. It will also support the company's next phase of growth, guided by the strategic vision of the Vitelli family, which retains the majority stake.<img src="https://photo-assets.superyachttimes.com/photo/260007/image/large-183a8ec50614de4aa4d97ff4bbcec8bc.jpg" data-gid="gid://syiq/Photo/260007">"I confirm the satisfaction and pride of the family for having earned - as the most important superyacht building group in the world – the trust of one of the largest global sovereign wealth funds, already present in luxury, technology and leisure,” Giovanna Vitelli, Chair of <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>, commented.&nbsp;“PIF will accompany <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> in the long term, offering strategic and important new business opportunities, including the Middle East, a geographic area that is undergoing strong development. The family, together with its trusted management, maintains a large majority of the Group and its strategic direction.” <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> states that this move will open up new strategic opportunities. “PIF's financial strength and synergies with other sectors will be able to support the Group in its dimensional and technological growth. In addition, the Group will benefit from PIF's prominent position as a leading global investor,” the shipyard reports.&nbsp;The transaction will be completed upon the favourable outcome of antitrust and regulatory clearances. With PIF, TIP (Tamburi Investment Partner), which is already a partner of the <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> for over 8 years, will remain in the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group's</a> share capital with a reduced stake.

Public Investment Fund new shareholder of Azimut|Benetti Group

Public Investment Fund (PIF) is a new minority shareholder of Azimut|Benetti Group, with a 33 percent share of the company.

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Saudi's PIF acquires 33% of Azimut|Benetti Group

<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has acquired 49 percent of the share capital of <a data-gid="gid://syiq/Company/7075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Energy (Company)">Sea Energy</a>, a company focused on plant engineering design, production and installation of electrical and naval electronics, as it “continues to verticalise its strategic suppliers”.&nbsp;The Italian luxury yacht builder acquired its share capital for a value close to €2.7 million, an investment that will bring a wealth of knowledge and skills oriented toward the “development of projects attentive to the sustainability of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>” from the highly specialised company. <img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">Read:&nbsp;<a data-gid="gid://syiq/Article/57162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine (2023-03-16 10:15:00 +0100)">Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine</a>Massimo Perotti, President and Chief Executive Officer of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, commented “I am happy to announce <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s investment in <a data-gid="gid://syiq/Company/7075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Energy (Company)">Sea Energy</a>, a strategic partner of ours, which allows us to take a further step in strengthening the supply chain. <a data-gid="gid://syiq/Company/7075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Energy (Company)">Sea Energy</a> represents excellence in its field, having built its own success through many technological innovations. In recent years, it has also developed significant experience in the field of propulsion electric and hybrid; this know-how makes this operation fully consistent with our “Road to 2030” vision for the development of innovative and sustainable technologies capable of revolutionising yachting. I am sure that <a data-gid="gid://syiq/Company/7075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Energy (Company)">Sea Energy</a>'s contribution will be invaluable for our journey"

Sanlorenzo acquires share capital of Sea Energy

Sanlorenzo has acquired share capital of Sea Energy, as it “continues to verticalise its strategic suppliers”. 

Sanlorenzo acquires 49% share capital of Sea Energy for €2.7m

US-based marina operator <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a> has acquired the superyacht refit, repair and maintenance facility <a data-gid="gid://syiq/Company/1868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah Yacht Center (Company)">Savannah Yacht Center</a>. The transaction saw securities from <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s parent company, Sun Communities Inc.<img src="https://photo-assets.superyachttimes.com/photo/180468/image/large-af66415fc728bcf583a9e1aeb8e65e2a.jpeg" data-gid="gid://syiq/Photo/180468">The <a data-gid="gid://syiq/Company/1868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah Yacht Center (Company)">Savannah Yacht Center</a> is located in Georgia, USA and is able to accommodate some of the world’s largest superyachts.. The facility is equipped with a 140-metre graving dock, a 3,240-tonne shiplift, and 366 metres of floating docks that can accommodate as many as eight 80-metre superyachts at any given time.Read:&nbsp;<a data-gid="gid://syiq/Article/50626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Getting to know Savannah Yacht Center: The first choice for refits on the East Coast, USA (2019-11-08 09:30:00 +0100)">Getting to know Savannah Yacht Center: The first choice for refits on the East Coast, USA<img src="https://photo-assets.superyachttimes.com/photo/180467/image/large-807c6fdcccdd3abc413c33d53cc0fc2e.jpeg" data-gid="gid://syiq/Photo/180467"></a>“This is an outstanding addition to our network,” commented Baxter Underwood, CEO of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>. “The world’s largest vessels have historically been forced to cross the Atlantic for certain services. This facility allows us to serve them with excellence here in the United States and inside the <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> network.” <img src="https://photo-assets.superyachttimes.com/photo/180469/image/large-fd7dd1f8c72c64cba5a50b96862832d0.jpeg" data-gid="gid://syiq/Photo/180469">The facility is expected to remain in operation during the change in ownership with the team of 50 employees becoming members of the <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a> team. "We are incredibly proud of the team at <a data-gid="gid://syiq/Company/1868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah Yacht Center (Company)">Savannah Yacht Center</a> and their many accomplishments," said Christian Demere, President and CEO of Colonial Group, Inc. "While it was a great experience building this business, I did not believe we were best positioned to allow it to reach its full potential. I am confident that it will reach new heights as part of Safe Harbor Marinas."<img src="https://photo-assets.superyachttimes.com/photo/180470/image/large-bd76ea249f7037d2b9f652b77d175b5d.jpeg" data-gid="gid://syiq/Photo/180470">"We're always searching for better ways to serve the superyacht builders, original equipment manufacturers (OEMs), owners, captains and crews," added Tim Sargent, EVP of International Operations at <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>. "<a data-gid="gid://syiq/Company/1868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah Yacht Center (Company)">Savannah</a> allows us to do exactly that."

Safe Harbor Marinas acquires Savannah Yacht Center

Safe Harbor Marinas has acquired the superyacht refit, repair and maintenance facility Savannah Yacht Center.

<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> accelerates production at their recently acquired Italian shipyard in Fano, unveiling some exciting launches scheduled for 2023.<img src="https://photo-assets.superyachttimes.com/photo/272072/image/large-a523009d5e4410b82d6f096630877896.jpg" data-gid="gid://syiq/Photo/272072"><a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a>, the pioneering force behind solar-powered luxury catamarans, is ramping up production, and with a series of new launches on the horizon, the company is set to reinforce its position as a leader in sustainable yachting.<img src="https://photo-assets.superyachttimes.com/photo/272070/image/large-d27c5645611fdc0dca72f9e29a1d8590.jpg" data-gid="gid://syiq/Photo/272070"><img src="https://photo-assets.superyachttimes.com/photo/272074/image/large-43a2af9428af58e7cfe441c8a3d0d899.jpg" data-gid="gid://syiq/Photo/272074">Following the strategic acquisition of its Italian shipyard in Fano last summer, <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> is optimising its production process and expanding its skilled workforce to meet the surging demand for its innovative yachts.<img src="https://photo-assets.superyachttimes.com/photo/272073/image/large-24006fc05a66cc70a1503bb3347dfa35.jpeg" data-gid="gid://syiq/Photo/272073"><img src="https://photo-assets.superyachttimes.com/photo/272075/image/large-19cee189e358f2605623c51bdccd005b.jpg" data-gid="gid://syiq/Photo/272075">This strategic move has allowed <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> to ensure the highest standards of design, engineering, interior outfitting, and Italian craftsmanship for its discerning clientele. Leveraging a well-established network of local subcontractors and key suppliers, the shipyard is perfectly positioned to deliver excellence.<img src="https://photo-assets.superyachttimes.com/photo/272071/image/large-0b7a21922b5571fd712ec6ae0a512dfe.jpg" data-gid="gid://syiq/Photo/272071">Spanning an impressive 22,000-square-metres of covered space, the shipyard's focus is primarily on the production of the Silent 60 series, a line of solar-powered, full-electric catamarans. Additionally, the Silent 80 series, the Silent 120, and a select number of Silent 60 series yachts are being crafted in Turkey."The GRP hulls and superstructures are meticulously produced and assembled in one dedicated area before being transferred to another for the installation of technical equipment and interior furnishings. Adjacent to the outfitting shed, we have a spacious warehouse for efficient component and material storage. Since assuming full ownership of the facility, our primary focus has been establishing a reliable and efficient series production process," states founder and CEO Michael Köhler.<iframe width="640" height="360" src="https://www.youtube.com/embed/pUeXVKaImSs?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>With the next delivery scheduled for June, enthusiasts can anticipate the unveiling of the unique two-deck version of the Silent 62. This exceptional bespoke project boasts two dedicated conference rooms, two guest suites, and accommodations for the crew. The owner, based in the United States, intends to make the yacht available for charter to corporate clients.<img src="https://photo-assets.superyachttimes.com/photo/272078/image/large-bf3511c97c252abcfdc5d7b13d92f47b.png" data-gid="gid://syiq/Photo/272078"> <img src="https://photo-assets.superyachttimes.com/photo/272081/image/large-a5093e227101c51503d63bb382b4abf7.png" data-gid="gid://syiq/Photo/272081"> A series of other exciting launches are slated to grace the shores from the Italian shipyard later this year. Notably, the highly anticipated Silent 62 3-deck (hull #4) is set to make its debut in late summer. Drawing inspiration from the hugely popular Silent 60, this version of the Silent 62 offers an additional deck in lieu of the regular flybridge, resulting in an overall hull length extended by two feet.<img src="https://photo-assets.superyachttimes.com/photo/272077/image/large-382f71ee02ac2bed67f956393406a800.png" data-gid="gid://syiq/Photo/272077">Italy remains a key hub for <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a>, with over 15 Silent 60 yachts assigned for construction in Fano, and the next available delivery is expected in early 2025. However, market trends indicate a growing preference for the slightly larger 3-deck version among clients, showcasing the company's commitment to meet evolving customer needs.<img src="https://photo-assets.superyachttimes.com/photo/272076/image/large-a2183e20b412a5a44a9599970aad0ae3.png" data-gid="gid://syiq/Photo/272076"><img src="https://photo-assets.superyachttimes.com/photo/272079/image/large-a7bd6bfb18addfa8a6d7efb14e17ac45.png" data-gid="gid://syiq/Photo/272079">Looking ahead, <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> aims to achieve an ambitious milestone in 2024, launching one new unit per month. Additionally, the production of the fully electric Silent Tender series will be centralised in Fano. The initial prototype tender, unveiled at the 2022 Cannes Yachting Festival, featured an electric outboard motor. The range now boasts three models - the Silent Tender 400, 450, and 520 - all available with electric jet propulsion. SuperYacht Times will follow the company's expansion and launches with updates.&nbsp;

Silent Yachts unveils new production line at Italian shipyard

Silent Yachts accelerates production at their recently acquired Italian shipyard, unveiling some exciting launches.



Silent Yachts unveils new production line at Italian shipyard in Fano

The classic 46.33-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> sailing yacht <a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> has entered the market. The <a href="https://www.superyachttimes.com/yachts/antara/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Antara, for sale</a> is a proven regatta yacht, previously racing in the Perini Navi Cup, the Superyacht Cup and St Barth’s Bucket Regatta.<img src="https://photo-assets.superyachttimes.com/photo/188582/image/large-12141eeab2bdaca2c316ce356de67fdb.jpg" data-gid="gid://syiq/Photo/188582">Delivered in 1991 from Italy, <a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> was one of the first yachts that helped propel the success of the <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> shipyard. The <a href="https://www.superyachttimes.com/yachts/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a> has benefitted from a continuous programme of maintenance and upgrades over the years, with several major refits in the past five years. <img src="https://photo-assets.superyachttimes.com/photo/272013/image/large-647df7cf3a06bcd42a57f39d57d8371c.png" data-gid="gid://syiq/Photo/272013"><img src="https://photo-assets.superyachttimes.com/photo/188572/image/large-95c23fcd519fc25a088e0b0daee816c0.jpg" data-gid="gid://syiq/Photo/188572"><a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> joins the market in superb condition, with an interior and exterior design penned by her builder <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features a traditional yet highly functional raised pilothouse and a unique interior layout.<img src="https://photo-assets.superyachttimes.com/photo/272017/image/large-dcac4379ec9c157ad6bf615fe07d1201.png" data-gid="gid://syiq/Photo/272017">The main saloon of <a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> provides the opportunity for relaxation and entertainment with a separate dining room with a bar. Her timeless cockpit includes a sit-up bar, lounge area and dining table with a semi-circular sofa.<img src="https://photo-assets.superyachttimes.com/photo/188570/image/large-10840da4d61b6215344cb4cb75e7dedf.jpg" data-gid="gid://syiq/Photo/188570"><img src="https://photo-assets.superyachttimes.com/photo/188569/image/large-6d2a1959e4efff22963bf86ba24c3cba.jpeg" data-gid="gid://syiq/Photo/188569"><img src="https://photo-assets.superyachttimes.com/photo/272018/image/large-9ca137b12d361f8ae7d40eafebc884db.png" data-gid="gid://syiq/Photo/272018"><a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> can sleep up to 10 guests across four staterooms, with her owner's suite varnished in satin teak. The full-beam stateroom includes a king-sized bed, his and hers bathrooms, a large office, and a private gym.<img src="https://photo-assets.superyachttimes.com/photo/272022/image/large-7cae65eb4828785263f874840e142fde.png" data-gid="gid://syiq/Photo/272022"><img src="https://photo-assets.superyachttimes.com/photo/272025/image/large-3861ac5e9466d0ab942c4f74a4fcab8b.png" data-gid="gid://syiq/Photo/272025">The remaining guest staterooms onboard the <a href="https://www.superyachttimes.com/yachts/perini-navi/for-sale" rel="noopener noreferrer" target="_blank" title="">Perini Navi yacht for sale</a> consist of a VIP suite with a queen-size bed and Italian Carrera marble ensuite bathrooms, and two twin staterooms, each with an additional Pullman berth.<img src="https://photo-assets.superyachttimes.com/photo/188578/image/large-c0e60d400d51df8ae451c844f8978ba0.jpeg" data-gid="gid://syiq/Photo/188578"><img src="https://photo-assets.superyachttimes.com/photo/188577/image/large-7e53de675b82e52a2b41aad84c824a82.jpg" data-gid="gid://syiq/Photo/188577">One of the most appealing aspects of <a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> is her exterior spaces, which provide guests with plenty of alfresco dining options. For those looking to top up their tans, her Jacuzzi offers panoramic views and is surrounded by sunpads.<img src="https://photo-assets.superyachttimes.com/photo/188575/image/large-545d963606e5758daa2bd5f5745af2c1.jpeg" data-gid="gid://syiq/Photo/188575"><img src="https://photo-assets.superyachttimes.com/photo/272012/image/large-16e279f0f44b8dbef5a1bb9f50c6140c.png" data-gid="gid://syiq/Photo/272012">&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/1926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antara46.3m (151'11&quot;)Perini Navi1991">Antara</a> is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which propel her to a top speed of 12.5 knots and a cruising speed of 10 knots.<img src="https://photo-assets.superyachttimes.com/photo/188583/image/large-c4444ba1ed2024380b81f427232d8340.jpeg" data-gid="gid://syiq/Photo/188583">

46m Perini Navi yacht Antara for sale

The 46m Perini Navi sailing yacht Antara for sale is a proven regatta yacht and enters the market in perfect condition.

46m Perini Navi sailing yacht Antara for sale

The 25.2-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht, <a data-gid="gid://syiq/Yacht/8893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Happy Hours25.2m (82'8&quot;)Azimut Yachts2016">Happy Hours</a> has sold in an in-house deal at <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison</a>. Broker Andrew Woeck, represented the buyer and &nbsp;Jordan Preusz represented the seller. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/172823/image/large-2a55db742f689a3e990f6641e396d25b.jpg" data-gid="gid://syiq/Photo/172823"><img src="https://photo-assets.superyachttimes.com/photo/250547/image/large-c2ecec892bae486ea2c4546f76d8126a.png" data-gid="gid://syiq/Photo/250547"><img src="https://photo-assets.superyachttimes.com/photo/250546/image/large-4d55a8403111b91f6a3850ea56259c04.png" data-gid="gid://syiq/Photo/250546">The sold yacht was delivered in 2016 by the renowned Italian shipyard, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>. The exterior design, crafted by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a> exudes elegance, while the interior, skillfully curated by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>, provides a luxurious and comfortable ambience throughout.<img src="https://photo-assets.superyachttimes.com/photo/250554/image/large-bab9836a72d2f462edbab10ab8f3d37b.png" data-gid="gid://syiq/Photo/250554"> <img src="https://photo-assets.superyachttimes.com/photo/172817/image/large-5426f4d3af38e00f039184e7c6608022.jpg" data-gid="gid://syiq/Photo/172817"><img src="https://photo-assets.superyachttimes.com/photo/172819/image/large-d6aadee655c7cbb04e64ec1ec27781aa.jpg" data-gid="gid://syiq/Photo/172819"><img src="https://photo-assets.superyachttimes.com/photo/172818/image/large-cc35f539782669155cef6765fb0569e0.jpg" data-gid="gid://syiq/Photo/172818"><a data-gid="gid://syiq/Yacht/8893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Happy Hours25.2m (82'8&quot;)Azimut Yachts2016">Happy Hours</a> can accommodate up to 8 guests across four sumptuous guest suites across an interior volume of 102 GT. The yacht can also accomodates 2 dedicated crew members onboard.<img src="https://photo-assets.superyachttimes.com/photo/172820/image/large-6e04c3c41504c60d40cfecb0fa353298.jpg" data-gid="gid://syiq/Photo/172820"><img src="https://photo-assets.superyachttimes.com/photo/172821/image/large-7cabbe2753f4e7228adabcaa53162751.jpg" data-gid="gid://syiq/Photo/172821">Featuring a spacious flybridge, which provides unobstructed views and ample space for outdoor entertainment, <a data-gid="gid://syiq/Yacht/8893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Happy Hours25.2m (82'8&quot;)Azimut Yachts2016">Happy Hours</a> is designed to enhance the cruising experience and is well-equipped for speedy voyages. The yacht carries 6,000 litres of fuel onboard, and 1,100 litres of water.<img src="https://photo-assets.superyachttimes.com/photo/172822/image/large-5d92f8d7e77fba2b3d6ff2924a442d81.jpg" data-gid="gid://syiq/Photo/172822">Performance-wise she is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, giving her a cruising speed of 27 knots and a top speed of 32 knots. <img src="https://photo-assets.superyachttimes.com/photo/95177/image/large-c177fb5db09138d3a6d644217c8c9161.jpg" data-gid="gid://syiq/Photo/95177">The sold <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> yacht, <a data-gid="gid://syiq/Yacht/8893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Happy Hours25.2m (82'8&quot;)Azimut Yachts2016">Happy Hours</a> had a last known asking price of €2,888,827.00.

Azimut yacht Happy Hours sold

The 25.2-metre Azimut motor yacht Happy Hours sold with a last known asking price of €2,888,827.00.

25m Azimut motor yacht Happy Hours sold

The 34.34-metre <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> sailing yacht <a data-gid="gid://syiq/Yacht/1057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Song of the Sea34.34m (112'8&quot;)Nautor Swan2002">Song of the Sea</a> has been sold. The yacht, which joined the market in February 2022, was sold in-house by <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> brokers Jaap Havenga and Joost Goverts. <img src="https://photo-assets.superyachttimes.com/photo/221441/image/large-39d42ea3bb7bb2dfb29e4478a0bd9d16.jpeg" data-gid="gid://syiq/Photo/221441">Built in 2002 <a data-gid="gid://syiq/Yacht/1057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Song of the Sea34.34m (112'8&quot;)Nautor Swan2002">Song of the Sea</a> is the third hull of the Swan 112 series by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>, featuring spacious on deck areas with a raised deck saloon offering panoramic views through its wrap-around windows. Her interiors come from the boards of <a href="https://www.superyachttimes.com/companies/rhoades-young-design" target="_blank">Rhoades Young Design</a>, in collaboration with her builder <a href="https://www.superyachttimes.com/companies/nautor-swan" target="_blank">Nautor's Swan</a>.<img src="https://photo-assets.superyachttimes.com/photo/221437/image/large-54c46d77c5cca3854c2412d6c864ff04.jpeg" data-gid="gid://syiq/Photo/221437">Accommodating up to 10 guests, <a data-gid="gid://syiq/Yacht/1057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Song of the Sea34.34m (112'8&quot;)Nautor Swan2002">Song of the Sea</a> offers four comfortable staterooms, each designed in a classic style and maintained in immaculate condition. The full-beam master suite is the epitome of luxury, featuring warm wood paneling, ambient lighting, and a queen-size bed. <img src="https://photo-assets.superyachttimes.com/photo/221442/image/large-7d189435f5b1662b278b73d9238bf31c.jpeg" data-gid="gid://syiq/Photo/221442"><img src="https://photo-assets.superyachttimes.com/photo/217099/image/large-85045712f64870e9554acc9664816ed3.jpg" data-gid="gid://syiq/Photo/217099">The centre cockpit of <a data-gid="gid://syiq/Yacht/1057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Song of the Sea34.34m (112'8&quot;)Nautor Swan2002">Song of the Sea</a> is designed for the ultimate alfresco sailing experience with twin tables and sofas on the aft deck. A semi-permanent Bimini top with fully enclosed side screens provides protection and comfort. <img src="https://photo-assets.superyachttimes.com/photo/217095/image/large-44617628d780251f40094624dcfa3b0c.jpg" data-gid="gid://syiq/Photo/217095">She had a last asking price of €3,600,000.<img src="https://photo-assets.superyachttimes.com/photo/217096/image/large-c82214534d5057c77b22558e2e20a095.jpg" data-gid="gid://syiq/Photo/217096">

Swan sailing yacht Song of the Sea sold

The 34m Nautor Swan sailing yacht Song of the Sea has been sold.

Nautor Swan sailing yacht Song of the Sea has been sold

A new yacht brokerage firm, <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>, has been founded by Mario Cicognani and Karin Paggi, professionals with a cumulative experience of 32 years in the purchase, sale, and construction of yachts ranging from 30 to 60 meters. The two brokers have joined forces to offer clients 'expertise, reliability, and a well-established network of industry experts'. <img src="https://photo-assets.superyachttimes.com/photo/272056/image/large-2b4ec4d37307b89e90bb6de5ad3616ee.jpg" data-gid="gid://syiq/Photo/272056">As Cicognani says, "Whether it involves a new build, purchasing, or selling superyachts, we are committed to providing a fully customised service that ensures flawless, fast, easy, and transparent processes. We place great importance on discretion and attentively listening to individual needs in order to meet our customers' requirements, while also ensuring a pleasant and stimulating customer experience."<img src="https://photo-assets.superyachttimes.com/photo/272057/image/large-dab6546dfb423f5d944a6565997e80c3.jpg" data-gid="gid://syiq/Photo/272057"><a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a> will offer its clients a boutique brokerage approach. As Paggi emphasises, "We serve as a constant point of reference and have established long-standing relationships with our customers based on trust. At <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>, clients are free to choose their degree of participation and involvement in the project at any time. We can offer our clients an extensive list of professionals to choose from, including lawyers, designers, surveyors, and management companies, based on their preferences, experience, and sensitivity. By listening to their wishes and expectations, we deliver a tailor-made service and always recommend the best possible solution."<img src="https://photo-assets.superyachttimes.com/photo/272055/image/large-f90b86a842173a5db10923173040de7a.jpg" data-gid="gid://syiq/Photo/272055">The name <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>, in addition to being an amalgamation of the founders' names, also represents their philosophy of life, both in private and professional realms: to act in a correct and ethical manner.

Karma Yachting brokerage firm founded

A new yacht brokerage firm Karma Yachting has been founded by two Italian brokers. 

New yacht brokerage firm Karma Yachting has been launched

The 30.61-metre <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras Yachts</a> motor yacht <a data-gid="gid://syiq/Yacht/1116" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras GF61930.61m (100'5&quot;)Hatteras Yachts2005">Hatteras GF619</a> has been sold. The deal was concluded with Mike Burke of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> introducing the buyer and Ryan Gessel with <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales (Company)">Off The Hook Yachts</a> represented the seller. <img src="https://photo-assets.superyachttimes.com/photo/263099/image/large-3db0f805190c8e0bd55292029975a465.jpeg" data-gid="gid://syiq/Photo/263099">The Hatteras 100 motor yacht was launched in 2005 by the American yacht builder. Previously named Avanti, the motor yacht can accommodate as many as 10 guests between five comfortable staterooms.She offers additional crew accommodations as well as an owner office aft of the master stateroom. The saloon features a day head, sectional sofa, coffee table, end table and two occasional chairs. The pilothouse features an L-shaped lounge with table, chart table, stairs to the starboard companionway, and steps leading to the flybridge.The flybridge has single-level electronic clutch and throttle controls, a 16-inch 60 horsepower bow thruster, control station with all switches, and dimmable lighted instruments. The new owner will enjoy the U-shaped deck seating complete with wet bar, refrigerator and ice maker.She has a cruising speed of 20 knots and a top speed of 24 knots, 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. She had a last known asking price of $3,795,000.&nbsp;

Hatteras yacht GF619 sold

The 31m Hatteras motor yacht GF619 has been sold. 

31m Hatteras motor yacht Hatteras GF619 has been sold

The <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> is once again returning to the historic Arsenale of Venice from May 31 to June 4. The show is one of the leading exhibitions dedicated to the boating industry in the area and will feature over 220 exhibitors and 300 vessels. We take a look at everything happening at the fourth edition of the <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> where representatives from the SuperYacht Times team will also be in attendance.<img src="https://photo-assets.superyachttimes.com/photo/271769/image/large-8c6193fbda2c363af2247839a140aafd.jpg" data-gid="gid://syiq/Photo/271769">LocationThe <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> is held in the Arsenale of Venice, a symbol of the centuries-old military domination of the Serenissima Republic of Venice and the beating heart of its naval industry. The show is promoted by the City of Venice through Vela Spa, in collaboration with the Italian Navy.<img src="https://photo-assets.superyachttimes.com/photo/271770/image/large-1f6398e52cb92c2f745f321da40dc294.jpg" data-gid="gid://syiq/Photo/271770">The exhibition spans 55,000 square-metres and is spread across the water basin, with 30,000 square-metres of outdoor exhibition space, 5,000 square-metres of indoor space and over 1,100 linear-metres of piers. With over 230 moorings dedicated to superyachts, sailing yachts and various other types of boats, there will be the opportunity to explore a wide range of vessels during the show.<img src="https://photo-assets.superyachttimes.com/photo/271768/image/large-3e2796c8660d7d17ede56b31252e89ca.jpg" data-gid="gid://syiq/Photo/271768">ExhibitorsThis year’s <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> will see over 220 exhibitors from all corners of the world visiting the Arsenale. Some of the biggest industry professionals will be attending including, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a>, <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>, <a data-gid="gid://syiq/Company/314" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantaenius (Company)">Pantaenius</a>, <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> and <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/271766/image/large-aca5d1dd3a8ca2299a52f5136b211bfc.jpg" data-gid="gid://syiq/Photo/271766">Yachts attending and world premieresThe <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> will be welcoming yachts from far and wide, as well as many world premieres. Below is SYT’s list of yachts to look out for while attending this year’s show:<img src="https://photo-assets.superyachttimes.com/photo/264617/image/large-656b52440821f743f4e0c9d4811135a2.jpg" data-gid="gid://syiq/Photo/264617"><a data-gid="gid://syiq/Yacht/8690" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King Ducale 12036.8m (120'9&quot;)Ocean King2023">Ocean King Ducale 120</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/2360" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King (Company)">Ocean King</a>&nbsp;| 36.8-metresDesigned in Venice, the 36.8-metre <a data-gid="gid://syiq/Yacht/8690" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King Ducale 12036.8m (120'9&quot;)Ocean King2023">Ocean King Ducale 120</a> motor yacht will be making her Italian premiere. The steel explorer yacht features an Italian pedigree DNA with interior and exterior design by <a data-gid="gid://syiq/Company/4663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VYD Studio (Company)">VYD Studio</a>, and naval architecture penned by <a data-gid="gid://syiq/Company/4565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InNave (Company)">InNave</a>.<img src="https://photo-assets.superyachttimes.com/photo/248691/image/large-3b79797ed9a380aef67ac19939f4c0cf.jpg" data-gid="gid://syiq/Photo/248691">The <a data-gid="gid://syiq/Yacht/8690" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King Ducale 12036.8m (120'9&quot;)Ocean King2023">Ocean King Ducale 120</a> features two swimming pools; a rare feature on vessels her size, as well as an interior volume of 334 GT. She is able to accommodate up to 12 guests across a five stateroom layout, as well as a crew of seven between four cabins.<img src="https://photo-assets.superyachttimes.com/photo/182818/image/large-aa206236fa191f1f951246fd83f1273a.jpg" data-gid="gid://syiq/Photo/182818"><a data-gid="gid://syiq/Yacht/8366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa 8023.8m (78'1&quot;)Arcadia Yachts2020">Sherpa 80</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>&nbsp;| 23.8-metresThe 23.8-metre <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia</a> motor yacht <a data-gid="gid://syiq/Yacht/8366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa 8023.8m (78'1&quot;)Arcadia Yachts2020">Sherpa 80</a> will be showcased at this year’s <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a>. The pocket-sized yacht offers a total of 220 square-metres of indoor and outdoor space, as well as a beam of 7-metres. <img src="https://photo-assets.superyachttimes.com/photo/182866/image/large-e629bb564659c27ca7a90da600456b24.jpg" data-gid="gid://syiq/Photo/182866">The <a data-gid="gid://syiq/Yacht/8366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherpa 8023.8m (78'1&quot;)Arcadia Yachts2020">Sherpa 80</a> features interior and exterior design by <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a> with naval architecture from her builder <a data-gid="gid://syiq/Company/1726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arcadia Yachts (Company)">Arcadia Yachts</a>. She features a four stateroom layout for up to eight guests, as well as crew accommodation for three.<img src="https://photo-assets.superyachttimes.com/photo/271773/image/large-324778313a4910eea515a28e587e749f.jpg" data-gid="gid://syiq/Photo/271773">Navetta 75 |&nbsp;<a data-gid="gid://syiq/Company/5729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Yachts (Company)">Absolute Yachts</a>&nbsp;| 22.82-metresThe 22.82-metre Navetta 75 yacht uses geometric shapes while embodying <a data-gid="gid://syiq/Company/5729" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Yachts (Company)">Absolute Yachts</a> key design characteristics. She features sleek lines and glass parapets which help to enhance her connection with the sea.<img src="https://photo-assets.superyachttimes.com/photo/271772/image/large-ba669915ab95864b393451dffa5a335c.jpg" data-gid="gid://syiq/Photo/271772">The Navetta 75 offers a four stateroom layout for up to eight guests with a full-beam master suite on the bow, with two double and a twin stateroom on her lower deck.<img src="https://photo-assets.superyachttimes.com/photo/271774/image/large-5f04e674aff3f4084588f4698590ce39.png" data-gid="gid://syiq/Photo/271774">Azimut 68 |&nbsp;<a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a>&nbsp;| 20.98-metres&nbsp;The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 68 yacht features a sophisticated design with multi-purpose exterior deck spaces. The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 68 yacht offers the option of three main deck configurations to suit all onboard living styles. <img src="https://photo-assets.superyachttimes.com/photo/271775/image/large-69e9007c8884ea03556e581296a2e5d6.png" data-gid="gid://syiq/Photo/271775">With a beam of 5.23-metres, the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 68 is able to sleep up to eight guests across four staterooms, as well as a crew of two. She is equipped with twin <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> engines which provide her with a top speed of 32 knots and a cruising speed of 27 knots.<img src="https://photo-assets.superyachttimes.com/photo/271767/image/large-d68fa3832f0e8d66303d3d2363468002.jpg" data-gid="gid://syiq/Photo/271767">Event detailsThe <a data-gid="gid://syiq/Event/175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venice Boat Show - 2023">Venice Boat Show</a> is a hub of entertainment and will feature meetings, presentations and specialised congresses, as well as art installations, guided tours and educational activities for children.&nbsp;The event will also see water trials, trophies and sports regattas and an E-Village dedicated to electric boats participating in the E-Regatta. <img src="https://photo-assets.superyachttimes.com/photo/271765/image/large-fbf4a31352f82c65f3dc435543660d77.jpg" data-gid="gid://syiq/Photo/271765">

Venice Boat Show 2023 details

The Venice Boat Show 2023 returns to the historic Arsenale from May 31 to June 4. SYT takes a look at everything you need to know before attending.

Everything you need to know about the Venice Boat Show 2023

<img src="https://photo-assets.superyachttimes.com/photo/272058/image/large-98f7e5ebedaee948f68363eb94659477.jpeg" data-gid="gid://syiq/Photo/272058">Spotted last Friday cruising off Antibes in the South of France, is the 60-metre superyacht <a data-gid="gid://syiq/Yacht/125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slipstream60.0m (196'10&quot;)CMN Yacht Division2009">Slipstream</a>. Delivered by the French shipyard <a data-gid="gid://syiq/Company/113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMN Yacht Division (Company)">CMN Yacht Division</a> in 2009, she features both exterior and interior design by Andrew Winch of <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>, while her builder was responsible for her naval architecture. Onboard, <a data-gid="gid://syiq/Yacht/125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slipstream60.0m (196'10&quot;)CMN Yacht Division2009">Slipstream</a> can accommodate as many as 12 guests between six luxurious staterooms, including the owner's full-beam panoramic sky lounge suite, and a VIP suite that features a private balcony with sweeping ocean views. Performance-wise, the three-deck superyacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> diesel engines of 2,201 horsepower each, allowing her to reach a top speed of 17 knots. <a data-gid="gid://syiq/Yacht/125" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slipstream60.0m (196'10&quot;)CMN Yacht Division2009">Slipstream</a> has a transatlantic range of 5,000 nautical miles when cruising at 11.5 knots.

Superyacht Slipstream in the South of France

The 60m superyacht Slipstream built by CMN Yacht Division, is seen here cruising off Antibes in the South of France.

<a data-gid="gid://syiq/Company/6094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yacht Australia (Company)">Horizon Yacht Australia</a> has announced the sale of a new 24.56-metre custom <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon</a> FD 80 motor yacht at Sanctuary Cove International Boat Show. In a joint deal with yacht broker Don Senior, the yacht has been commissioned by a New Zealand-based owner.<img src="https://photo-assets.superyachttimes.com/photo/271903/image/large-63ee8baaf0f0d42efdf7f703e89b9f06.jpg" data-gid="gid://syiq/Photo/271903">The yacht will be custom designed as a fishing-based sports yacht for 'the ultimate offshore experience'. This is the first Horizon build for the avid boater and will feature a four-stateroom-plus-crew layout with plentiful amenities including a split-use sky lounge and heated Jacuzzi.<a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon</a> is exhibiting a full breadth of its fleet during the event that finishes this weekend, with RP125, RP100, FD90, FD80, FD75 and V74 all on display.

Custom Horizon FD 80 yacht sold

Horizon Yacht Australia has announced the sale of a Custom FD 80 motor yacht at Sanctuary Cove.

Custom Horizon FD 80 motor yacht sold

The 28.65-metre <a data-gid="gid://syiq/Company/488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Marine (Company)">Broward Marine</a> motor yacht Pathway sold in a deal with George Ivey of <a data-gid="gid://syiq/Company/2223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HMY Yacht Sales (Company)">HMY Yacht Sales</a> representing the seller. The yacht will now be renamed <a data-gid="gid://syiq/Yacht/801" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Vida28.65m (93'12&quot;)Broward Marine1987">La Vida</a> by her new owner.<img src="https://photo-assets.superyachttimes.com/photo/114179/image/large-5d0c25b551e2ee36c302dc33d75b5a01.jpg" data-gid="gid://syiq/Photo/114179"><a data-gid="gid://syiq/Yacht/801" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Vida28.65m (93'12&quot;)Broward Marine1987">La Vida</a> was delivered in 1987 from the United States, as part of the <a data-gid="gid://syiq/Company/488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Marine (Company)">Broward</a> 106’ Raised Pilothouse series. She features exterior design and naval architecture from her builder <a data-gid="gid://syiq/Company/488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Marine (Company)">Broward Marine</a> and boasts a modern and contemporary interior design.<img src="https://photo-assets.superyachttimes.com/photo/177055/image/large-f2fa8755d7b8dd1c55609da5335cb386.jpeg" data-gid="gid://syiq/Photo/177055"><img src="https://photo-assets.superyachttimes.com/photo/177051/image/large-dbd5b78758be2e7bd58f6f31670b1cbf.jpeg" data-gid="gid://syiq/Photo/177051"><img src="https://photo-assets.superyachttimes.com/photo/177052/image/large-da7765dc40475183d7d41b8911cbb041.jpeg" data-gid="gid://syiq/Photo/177052"><img src="https://photo-assets.superyachttimes.com/photo/177058/image/large-10775ff8fd28060dfb0e1936a64c8763.jpeg" data-gid="gid://syiq/Photo/177058">The open-plan main saloon of the flybridge yacht is bright and airy, thanks to large windows and includes a sit-up bar area. <a data-gid="gid://syiq/Yacht/801" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Vida28.65m (93'12&quot;)Broward Marine1987">La Vida</a> has accommodation onboard for up to six guests across a three stateroom layout, consisting of an owner suite and two twin staterooms. <img src="https://photo-assets.superyachttimes.com/photo/177062/image/large-138eb10af28b0e1ae6f12e463c6ea8fe.jpeg" data-gid="gid://syiq/Photo/177062"><img src="https://photo-assets.superyachttimes.com/photo/177056/image/large-3083671ef04a912c913fb7747b151cb3.jpeg" data-gid="gid://syiq/Photo/177056"><img src="https://photo-assets.superyachttimes.com/photo/177040/image/large-333280d7875f9627986d240dacf8b2e8.jpeg" data-gid="gid://syiq/Photo/177040">Performance-wise, <a data-gid="gid://syiq/Yacht/801" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Vida28.65m (93'12&quot;)Broward Marine1987">La Vida</a> is equipped with twin <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engines which power her to a top speed of 16 knots and a comfortable cruising speed of 14 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/801" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Vida28.65m (93'12&quot;)Broward Marine1987">La Vida</a> had a last known asking price of $499,900.<img src="https://photo-assets.superyachttimes.com/photo/177029/image/large-6e05b983357bc0a7b75ff7d355aed467.jpeg" data-gid="gid://syiq/Photo/177029">

Broward Marine yacht Pathway sold and renamed La Vida

Broward Marine’s 29m yacht Pathway sold and was renamed La Vida. She had a last known asking price of $499,900.

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