During last week's <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malta Superyacht Symposium - 2022">Malta Superyacht Summit</a>, Massimo Perotti, CEO of the Italian shipyard <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, delivered the keynote address, sharing his thoughts on how the superyacht builder should be seated at the centre of the industry. Perotti also discussed his predictions for the coming years.&nbsp;During the course of his talk, Perotti unveiled the technology that will be powering the first superyacht with alternative fuels, the 50-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> custom yacht featuring fuel cell technology created with <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens (Company)">Siemens</a>. Ivan Sammutt, Registrar General of Shipping and Seamen at Malta Flag Administration, participated in the conversation.Read: <a data-gid="gid://syiq/Article/54534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Breaking: Sanlorenzo to build 50m superyacht equipped with hydrogen fuel cells (2022-02-03 15:30:00 +0100)">Breaking: Sanlorenzo to build 50m superyacht equipped with hydrogen fuel cells</a><img src="https://photo-assets.superyachttimes.com/photo/210712/image/large-9904e4ffdd6db13b7969d3a6e510dff3.jpg" data-gid="gid://syiq/Photo/210712">Can you share your thoughts on the coming year and your predictions for the market?Looking at the market and the previous two years, I am sure that we will continue to see health in the coming years. Historically the rate of penetration in the yachting industry to the world’s high net worth individuals has sat at around 3 percent. This percentage has certainly increased to around 4 percent since the middle of 2020 and that has been powered by the Coronavirus pandemic, which has increased individual value in time spent alone and with family.&nbsp;But what about the future? Today many shipyards – <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> included – have impressive backlogs right up until 2025 and beyond, and this demonstrates a confidence in our industry that I do not believe will decrease dramatically. This has been a period of solid growth. For the rate of penetration to have increased to 4 percent is dramatic, 0.5 percent shy of a 50 percent increase and this is a radical change spurred on by the increased desire for privacy and human interaction which our industry offers.&nbsp;In 2021 there were 820 yachts under construction, in 2022 the predictions are that there will be 1,024 yachts under construction – this speaks of a solid market and we have a great opportunity. But we have to sit back and consider how this market is working. There are two main players in this industry, the owner and the builder and the rest of the industry should be considered as stakeholders. <img src="https://photo-assets.superyachttimes.com/photo/233966/image/large-3ea585eb80fd3ce4af6fd7cc06be5678.jpg" data-gid="gid://syiq/Photo/233966">Where do you see the yachting industry when it comes to its contribution toward sustainability?I believe that the current focus on diesel-electric is not the future of our industry. The future of yachting is fuel cells, the production of electricity through the kinetic composition of hydrogen, with the residual product of the engine being H2O, which returns to the ocean. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> signed a contract with Siemens one year ago to develop the first 50-metre yacht with fuel cell electricity production.&nbsp;While hydrogen fuel cells are being developed by a number of shipyards, at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> we feel that for our yachts hydrogen is too volatile a material to carry, so we have developed a modular form using methanol which has no risk. Using the methanol we produce the amount of hydrogen onboard, needed to power the fuel cell, rather than storing hydrogen onboard the yacht.&nbsp;The biggest issue we face with alternative fuels is space. On our 50 metre yacht, 15 square-metres is taken up for the fuel cell, hydrogen production and storage, which therefore encroaches on the master suite. This is the biggest impediment to owners accepting alternative propulsion options, and is something that we as an industry will need to overcome together. <img src="https://photo-assets.superyachttimes.com/photo/233965/image/large-725a62367fcb89dadb695c7ddb2e70f1.jpg" data-gid="gid://syiq/Photo/233965">

Massimo Perotti on the future of sustainable yachting

Massimo Perotti, President and Chief Executive Officer Sanlorenzo

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Malta Superyacht Symposium 2022

Massimo Perotti, CEO of Sanlorenzo, delivered the keynote address at the Malta Superyacht Symposium on the future of sustainable yachting. 

“We should put the builder back at the centre of this industry”: Massimo Perotti, CEO of Sanlorenzo 

<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> (<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>) has signed an exclusive partnership with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> for the US market. <img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">“We have chosen <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> as a partner for the US market because we have already had the opportunity to realise that we share the same approach and enthusiasm to yachting and we both are truly committed to customer care,” Vasco Buonpensiere, co-founder 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)">CdM</a>, commented.<img src="https://photo-assets.superyachttimes.com/photo/252324/image/large-827ea5d635e2cb0415deb33ca2da5470.png" data-gid="gid://syiq/Photo/252324">“We decided to team up with one of the most reputed and well-established companies in the field, <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>, which will provide forward-thinking advice and support to owners and brokers throughout the process of purchasing and managing a yacht built by <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/262723/image/large-48a70d5e7986240c07053eff073e590d.jpg" data-gid="gid://syiq/Photo/262723">"<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> will act as a real <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> sales office in the US, therefore becoming also a very important reference point for the American brokerage community which will deal with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> on the same terms as they would deal directly with the shipyard,” Buonpensiere continued.<img src="https://photo-assets.superyachttimes.com/photo/262722/image/large-f636b226d57f16e148be52ab8eba3529.jpg" data-gid="gid://syiq/Photo/262722">

CdM signs exclusive partnership with IYC

Cantiere delle Marche (CdM) has signed an exclusive partnership with IYC for the US market.

CdM signs exclusive partnership with IYC for US market 

After attempting to meet up during a very busy boot Dusseldorf, we finally had the chance to sit down with Nick Gelevert, Founder and CEO of <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> over Teams in early February. Nick comes from a long line of yacht brokers, his grandfather Hans Lengers founding the Netherlands’ first brokerage. Today Nick is both the CEO of the ‘first Dutch superyacht charter company’ <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> with seven international offices and an impressive portfolio of pedigree yachts, and the Sales Director of brokerage firm <a data-gid="gid://syiq/Company/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lengers Yachts (Company)">Lengers</a>. With expansion always on his mind, Nick has much in store for the boutique charter firm. SYT found out more. <img src="https://photo-assets.superyachttimes.com/photo/262239/image/large-028247e85db04278e4d7d6c2adfec517.jpeg" data-gid="gid://syiq/Photo/262239">With a legacy of brokerage in your family, was it always your plan to become a broker?I was born and raised in the midst of the yachting industry, and of course it came to my mind from a young age that I might work in the industry as well. My grandfather started selling yachts in the 1970s and there was also a boat building business within the family, so yachting is truly part of my family heritage. When the time came for me to start my first business however, I decided to break from the family tradition and I founded a company within the real estate industry. I think it was partly a youthful rebellion – I was only 23 – but I quickly realised that I’d made a mistake not following my passion for the yachting industry.I had been an active and competitive sailor from the age of eight, racing every week, and of course having grown up within my family, yachting was truly where my heart lay. So I &nbsp;decided to pivot the concept I’d created within the real estate industry, and do something similar within yachting. The business became <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters</a>; the first AirBnB for boats. <img src="https://photo-assets.superyachttimes.com/photo/69988/image/large-e5de394c61cf3a6b29fbcc9408e9bf14.jpg" data-gid="gid://syiq/Photo/69988">So how did an AirBnB for boats transform into a superyacht charter brokerage house?In 2015 we launched the platform and were the first in the world to do so. There were some other early adopters but we grew very quickly, operating in 63 countries with 12,000 boats available for rent. It was a successful beginning but we quickly realised that in order to become a truly profitable business, we would need a huge operational network. Boats are nothing like houses; they need work, maintenance and expansive shoreside support.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/50182/image/large-00c42362b1bed144ada7b119cd9afc4f.jpg" data-gid="gid://syiq/Photo/50182">Why do you think that the company has done so well – how do you stand out from the crowd?At the same time as I was having these thoughts, clients from Lengers were generating leads and asking questions about Boatsters and enquiring if I could assist them with yacht charter. From these leads came a very organic transition into <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a>, where we began to work with crewed yachts above 20-metres. Not long after this transition, we took Boatsters offline and I focused my energies on the development of the superyacht charter business. Since that decision we’ve opened international offices, are managing some very exciting yachts and expect to double our fleet in 2023. The company is positive and profitable and with the direction we’re currently going, we will be one of the top players in the charter industry within a few years.&nbsp;I believe that our approach is what makes us stand out. We are a boutique charter company, and we don't have aspirations to be the biggest, we want to provide the best service to a limited number of clients. We have regular contact with owners, we offer a personal concierge service for onshore support, we are incredibly active and make our clients really feel how much we value them. <img src="https://photo-assets.superyachttimes.com/photo/216778/image/large-e3b74dc8cf7cf04994e4b19dd6e7c678.jpg" data-gid="gid://syiq/Photo/216778">What has it been like breaking into an industry that has been dominated by long standing and large companies, such as&nbsp;<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>&nbsp;or&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>?When we set out we knew it would be like David and Goliath, but I have always enjoyed a challenge. My aspiration when we set out was to establish <a data-gid="gid://syiq/Company/6127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boatsters Black (Company)">Boatsters Black</a> as the industry’s first Dutch charter house, just as my grandfather was the first Dutch broker. I am happy to say we’ve achieved that goal and now we are looking to the next challenge.&nbsp;The yachting industry has an obsession with being the biggest, with companies claiming ‘the biggest charter fleet’ or the most charters completed, but what does that actually mean for the client? Very likely it means an impersonal approach, with yachts being managed by a conglomerate rather than a person &nbsp;– we do not aspire to become that kind of business!&nbsp;What are your plans for the future for the business?The next stage is expansion. We’ve built a base from which the company can grow exponentially and my attention first will be to make sure that our services are the best they can be. We aren’t going to be accepting any and all boats to the fleet, but really making sure that the yacht is able to offer clients the best services, with a stable crew and good knowledge base.&nbsp;In 2022 we had a revenue of over €12 million and with an expansion into the full spectrum of services including crewing and management, I expect that to see a stable increase this year. <img src="https://photo-assets.superyachttimes.com/photo/216755/image/large-6c1f9a59bba24e5170d83edfc3039cf0.jpg" data-gid="gid://syiq/Photo/216755">Finally, what advice would you give to an aspiring entrepreneur?Firstly, focus on an aspect of this industry and be the best at that aspect. There are so many generalists within yachting and what there needs to be is more specialists. Secondly, know your product better than your client, there are too many brokers out there who don't truly understand superyachts and that does a disservice to clients and dissuades people from remaining in yachting.<img src="https://photo-assets.superyachttimes.com/photo/262241/image/large-7cb830fd8f9d3ab3775a8b19035afdb5.jpeg" data-gid="gid://syiq/Photo/262241">Nick GelevertAge: 32Nationality: DutchSales revenue last 36 months: €200 million&nbsp;Company founded: 2014This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-44" rel="noopener noreferrer" target="_blank" title="">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 Nick Gelevert of Boatsters Black

We interviewed Nick Gelevert, CEO of Boatsters Black, for the latest edition of our Entrepreneur in Yachting series.

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Building the first Dutch superyacht charter brokerage: Nick Gelevert of Boatsters Black

Turkey-based builder <a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF</a> has announced the appointment of Ali Tanir as General Manager. Ali Tanir joins the team with almost 20 years of experience in international operations and an extensive background within the industry.<img src="https://photo-assets.superyachttimes.com/photo/262377/image/large-8d67ef81bc2b6b444f4370ddc91cba84.jpg" data-gid="gid://syiq/Photo/262377">For the past 11 years, Ali Tanir worked at various positions at <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> ranging from Communication and Brand Manager to Head of International Sales. Prior to joining <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a>, Ali Tanir worked for a number of companies and institutions on the market, namely Istanbul Offshore Club, <a data-gid="gid://syiq/Company/1198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vicem Yachts (Company)">Vicem Yachts</a>, <a data-gid="gid://syiq/Company/5761" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yuka Yacht (Company)">Yuka Yacht</a> and the UIM Class 1 Powerboating series."We strive to establish ourselves in the elite of the yachting world, and the new move will help us to achieve this," said Coskun Bayraktar, Founder and Owner of <a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF Yachts</a>. "I believe Ali Tanir is the perfect executive for the role of our new General Manager and with him leading the way we will be able to realise the most daring plans."<a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF</a> has already delivered three 24-metre <a data-gid="gid://syiq/Company/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VisionF (Company)">VisionF</a> 80 catamarans since 2020 and is preparing to launch the fourth unit in the series.&nbsp;

VisionF Yachts appoints Ali Tanir as General Manager

Turkey-based builder VisionF has announced the appointment of Ali Tanir as General Manager. 

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has acquired a 70,000 square-metre located production site in Ravenna, Italy, which was financed entirely with equity raised by the company’s listing on the Hong Kong stock exchange.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is a world leader in the design, construction, and sales of luxury yachts. Led by Chief Executive Officer Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> owns and manages seven shipyards across Italy and has recently announced the acquisition of a new production facility in San Vitale, province of Ravenna.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/205162/image/large-55c378269a7c50145cf5561442898726.jpeg" data-gid="gid://syiq/Photo/205162">“Ravenna is the right home for Wally sailing yachts and the expansion of our other brands, starting with the extraordinary <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Yachts<a data-gid="gid://syiq/YachtModel/12694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti InFYnito 9026.97m (88'6&quot;)">&nbsp;INFYNITO&nbsp;</a>range. We choose Italy again and invest not only to become stronger but also to hold the flag high for an industry that is a symbol of our country: luxury yachting and the extensive entrepreneurship and artisan craftsmanship network that is the admiration and envy of the entire world,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, &nbsp;Alberto Galassi. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">The Ferretti Group</a> will invest a total cost of 80 million euros towards the 70,000 square-metre site, including a dry dock. The initial acquisition investment cost the Italian company around 40 million euros, while over the next three years, a further 40 million euros will be needed to craft new production spaces and an R&amp;D centre.&nbsp;This acquisition underpins the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> ambitions and growth strategy, with this recent facility looking to enable them to increase their production by 20%. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group&nbsp;</a>CEO Alberto Galassi explains how this “acquisition keeps a promise” as <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> “have big plans and picture a state-of-the-art production site from every point of view: worker well-being, positive social impact, and environmental protection.” The new space is conveniently close to their Forlì headquarters and Cattolica shipyard. Other investments from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> have included expansions across the La Spezia and Ancona Superyacht Yard, which aligns with the Italian company’s five-year growth strategy.The acquired production site has been speculated to be that of the<a data-gid="gid://syiq/Company/4643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rosetti Superyachts (Company)"> Rosetti </a>shipyard.&nbsp;

Ferretti Group expands and acquires a Ravenna site

Ferretti Group acquires a production site in Ravenna, forming part of their five-year growth strategy.



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Ferretti Group acquires 70,000 square-metre production site in Ravenna, Italy

During the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> “Road to 2030” business presentation, the Italian shipbuilder detailed its strategy toward a carbon-neutral future, confirmed its strong financial health and announced its intention to acquire <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/261779/image/large-33c2013c7f70e6061b95ebfb1d89c641.png" data-gid="gid://syiq/Photo/261779">The attitudes toward luxury and yachting are changing fast in China, and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> “expects big growth in Asia”, Massimo Perotti, Chairman and CEO of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, explained during the conference. “In the last year, we have seen two signs indicating change. The first is the Hainan Highlands – considered the monte-carlo of China – becoming a free tax zone. So the Chinese can go to Hainan Highlands and buy a yacht without paying taxes. A big achievement. Secondly, there is a programme from the government to increase the number of marinas from Hong Kong to Macau.”&nbsp;<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is the oldest and most established yacht dealer in Asia and the exclusive dealer of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> in the region. According to Ferruccio Rossi, Executive Director &amp; General Manager of <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/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> currently generates around €90-100 million annually, with “growing potential” for more sales in the region. <img src="https://photo-assets.superyachttimes.com/photo/186547/image/large-027506dd02607cf9f9f97c2bd2ae425b.jpg" data-gid="gid://syiq/Photo/186547">Read:&nbsp;<a data-gid="gid://syiq/Article/54941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="How Hong Kong could ignite a yachting boom in China (2022-04-12 14:00:00 +0200)">How Hong Kong could ignite a yachting boom in China</a>Outside of Asia and looking at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> more generally, the builder confirmed outstanding financial health with a backlog (as of 31 December 2022) cleared from Net Revenue New Yachts amounting to €1,069.6 million, compared to €915.6 million as of 31 December 2021. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> confirmed record-breaking orders for €452.2 million beyond 2023.&nbsp;An interesting phenomenon cited in the conference was a decrease in the average <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> client. Prior to the Covid-19 outbreak, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> buyers were, on average, 56 yet post-lockdown years, this age now stands at 48 – a significant decrease that brings a “new mindset to the yachting industry”<img src="https://photo-assets.superyachttimes.com/photo/178254/image/large-41061535f69fe7ca1d2c1b710787f63e.jpeg" data-gid="gid://syiq/Photo/178254"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has found that their average buyer is not only younger but is now spending twice as much time on board, with estimates as high as 120 days per year. Novel technologies such as Starlink support this trend, as owners can stay connected near enough anywhere in the world.&nbsp;In regards to its sustainability mission in the superyacht sector, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> confirmed it is still on track to launch the first 50 Steel equipped with methanol fuel cells to power all on-board services next year; and in 2028, it will launch the first superyacht – another 50 Steel – to be powered solely by methanol. <img src="https://photo-assets.superyachttimes.com/photo/192118/image/large-739ebb232bb40646a582286340b4632e.jpeg" data-gid="gid://syiq/Photo/192118">Read:&nbsp;<a data-gid="gid://syiq/Article/56805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo to launch 'net-zero' superyacht in 2027 (2023-01-24 12:30:00 +0100)">Sanlorenzo to launch 'net-zero' superyacht in 2027</a>Looking forward, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> expects to see high single-digit CAGR, starting with a forecast for 2023 between €810-830 million, up by 11% from 2022. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also expects its margin to increase significantly, with an EBITDA margin equal to or greater than 19.5% in 2025.&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> plans to invest between €143-155 million over the next three years. It will also expand its current portfolio of models from 26 to 36, comprising 17 in the yacht business unit, 8 in the superyacht business unit and 11 <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a>.&nbsp;

Sanlorenzo business report and intention to acquire Simpson Marine

Sanlorenzo announces strong financial health and the intention to acquire Simpson Marine during its “Road to 2030” business presentation. 

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Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine

Austria-based builder <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has announced it is expanding its presence in the Asian market by signing an agreement with <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a>.<img src="https://photo-assets.superyachttimes.com/photo/243181/image/large-c6914543e6f18b57554436d3995e9c7b.jpg" data-gid="gid://syiq/Photo/243181"><a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> will become an exclusive dealer for <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> in Singapore, Hong Kong, and Thailand, providing them with access and service to the company's full range of solar-powered catamarans for clients in those regions.<img src="https://photo-assets.superyachttimes.com/photo/255819/image/large-ba7002dd0ba0ef11a0ea9472f68f8485.jpg" data-gid="gid://syiq/Photo/255819">"<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has pioneered and championed this now key segment of alternative powered catamarans for close to 20 years, gaining incomparable experience and developing reliable and performing solutions,” commented Eric Noyel, Founder and CEO of <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a>.&nbsp;“We are proud to have been chosen to accompany them in this exciting development. We expect the solar electric catamarans to be a huge success in Southeast Asia. Our clients are increasingly sensitive to the environmental challenges.”<img src="https://photo-assets.superyachttimes.com/photo/261601/image/large-2ef3ffa25cc5484ab38191046f78700f.jpg" data-gid="gid://syiq/Photo/261601"><a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> already has over 15 years of experience in the boating industry and prides itself on being the trusted, exclusive dealer of luxury yachts from leading brands across the globe. The brand also represents <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> in those territories. The partnership with <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> will further establish the group as a central player in the Asia Pacific region and is a major step forward for both companies."We are pleased to have such a reputable company as our partner in a very promising yachting region," said Michael Köhler, CEO of <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a>. "We are excited to work together and bring sustainable yachting to Asia.”<img src="https://photo-assets.superyachttimes.com/photo/243176/image/large-f3cadca624fe4cea03175a21fb4280c5.jpg" data-gid="gid://syiq/Photo/243176"><a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> currently has 28 solar electric catamarans under construction in two production sites, including the flagship Silent 120 Explorer, with the order book filled until 2024. Both <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> and <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> are set to take part in the Singapore Yacht Show from April 27-30, 2023.

Silent-Yachts appoints new exclusive dealer in Asia Pacific

Silent-Yachts has announced the appointment of Asiamarine as a new exclusive dealer in Asia Pacific.

Silent-Yachts appoints Asiamarine as new exclusive dealer in Asia Pacific

Today we are proud to present you the all new SuperYacht Times. Built completely afresh by our in-house team, the launch signals a new era for the SYT website. Originally launched in 2007 as the first superyacht website with daily news and a free to access superyacht database, this new version is a major step in making SuperYacht Times future proof.<img src="https://photo-assets.superyachttimes.com/photo/261421/image/large-f548f0b612a343512f8cf2bba1de823c.jpg" data-gid="gid://syiq/Photo/261421">Thanks to the flexible setup of the system we can easily adjust every page and highlight breaking news items. Furthermore we can also build fully custom ads within this framework for our clients.Besides the look and feel of the website, we have also made a major change to the content that we will cover. Of course you will still be able to find all of the content you are used to, and we will continue to be the first with new launches and breaking news, but we have now added a more in-depth level to our editorial content.As you have recently seen, we’ve branched more deeply into the technical side of yachting with the launch of the <a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How to Build It</a> magazine. This content will feed into the new website with an online section updated throughout the year and dedicated to technical news, product updates and construction news. In addition to How to Build It, we have also developed several content topics;<img src="https://photo-assets.superyachttimes.com/photo/261420/image/large-4f86285194ba47950bcd58b63dd0956a.jpg" data-gid="gid://syiq/Photo/261420"><a href="https://www.superyachttimes.com/news" rel="noopener noreferrer" target="_blank" title="">News</a>As always, you can find all of the latest news first on the SuperYacht Times news section. Accuracy will continue to be the top priority for the SYT team and in the news section you will find everything we have published in chronological order.&nbsp;<a href="https://www.superyachttimes.com/yacht" rel="noopener noreferrer" target="_blank" title="">Yachts</a>Everything related to the world of superyachts, including access to SYT’s renowned superyacht fleet database which includes over 10,000 yachts over 24 metres.<a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">Yachts for Sale</a>SuperYacht Times has the largest collection of yachts for sale in the world, with more than 1,700 yachts for sale on our website right now. With the launch of the new SYT website we have developed our featured yachts for sale section, offering brokers the best positions on the website to get the most exposure for the yachts on the market.<a href="https://www.superyachttimes.com/business" rel="noopener noreferrer" target="_blank" title="">Business</a>In addition to all of the important business news from yacht builders and designers, the SYT editorial team will also report on the latest appointments, acquisitions and expansions from suppliers, brokers and more, delving deeper into the companies that make our industry tick. Subscribe for the SYT newspaper to get all the latest in-depth business features.<a href="https://www.superyachttimes.com/market" rel="noopener noreferrer" target="_blank" title="">Market</a>In our market section you will be able to find all of the latest yacht market updates, alongside unique insight from top industry experts. In this section you will also be ale to find all of the latest exclusive reports from the SYT iQ team, as well as download our annual The State of Yachting market report.<a href="https://www.superyachttimes.com/design" rel="noopener noreferrer" target="_blank" title="">Design &amp; Interior</a>&nbsp;SYT has always shared exclusive interviews with interior and exterior designers, as well as new concepts unveiled across the industry. We have now developed this important sector of the website, to include more onboard features of the newest, biggest and best yachts in the world.<a href="https://www.superyachttimes.com/how-to-build-it" rel="noopener noreferrer" target="_blank" title="">How to Build It</a>By now you will all have seen our new technical magazine How to Build It, and in the new dedicated section of the website you will be able to find out in-depth reports, supplier news and articles related to the technical side of the industry.<img src="https://photo-assets.superyachttimes.com/photo/239694/image/large-b3f9a4fef4245385ca88550126c4c443.jpg" data-gid="gid://syiq/Photo/239694"><a href="https://www.superyachttimes.com/event" rel="noopener noreferrer" target="_blank" title="">Events</a>&nbsp;&nbsp;You will be able to find a full directory of all yachting industry events on the SYT website, with a full list of exhibiting yachts and companies. You will also be able to find the top events news, be it regattas, conferences or, of course, yacht shows.&nbsp;We look forward to hearing your feedback on the new website and if there are features you would like to see in the future, we would like to hear from you so please reach out to us at <a href="mailto:news@superyachttimes.com" target="_blank">news@superyachttimes.com</a>&nbsp;&nbsp;&nbsp;

New SuperYacht Times website launched

Welcome to the new bigger and better SuperYacht Times website, with new features and more in-depth technical stories.

Welcome to the new SuperYacht Times

<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a>, one of the largest and fastest-growing premium marine retailers in the United States, has appointed Carmen Bauza to its Board of Directors.<img src="https://photo-assets.superyachttimes.com/photo/260999/image/large-1b5f0e47551ca9405db889d405e20e6a.jpg" data-gid="gid://syiq/Photo/260999">Ms. Bauza will serve as an additional independent director, effective from 1 March 2023. This appointment has increased the size of the Board from eight to nine directors, seven of whom are independent.“We are excited to welcome Carmen Bauza to the Board of Directors. Carmen is a seasoned executive with global retail experience and a proven track record of consistently driving growth through omni-channel marketing strategies, product innovation and digitisation,” said John Schraudenbach, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>’s Chairman of the Board. “We look forward to benefiting from Carmen’s valuable insights and expertise as we continue to execute on our growth strategy and deliver value for our shareholders.”Born in Ponce, Puerto Rico and a graduate of Seton Hill University, Ms. Bauza studied fashion merchandising and business management and has had numerous senior roles throughout her career. Ms. Bauza currently serves as a member of the board of directors for Zumiez Inc., Destination XL Group, Inc., and the board of managers of Claire’s Stores Inc. She is also an advisor to RoundTable Healthcare Partners.At <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a>, Ms. Bauza will also serve on the Audit and Compensation Committees with her fellow board members.

OneWater Marine appoints Carmen Bauza to Board of Directors

OneWater Marine has appointed Carmen Bauza to its Board of Directors, as an additional independent director. 

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reports strong financial health and remarkable growth across all areas in 2022 compared to 2021, with a net revenue of over €1 billion in 2022.<img src="https://photo-assets.superyachttimes.com/photo/260867/image/large-5e5d5c3dcbe40ce54198eb723f80f847.jpeg" data-gid="gid://syiq/Photo/260867">The Italian-based group reports a strong order book for 2022 with an intake of €1.162 billion, up by 19.6 percent in comparison to 2021, which the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> pins down to a strong global market demand. They have also won a significant number of orders during this period with a backlog of €1.296 billion, up by 27.6 percent compared to 2021.&nbsp;The impressive order backlog breakdown comes from composite yachts, made-to-measure yachts and superyachts, as well as other businesses, including ancillaries. The majority of the backlog comes from composite yachts, which reached €439.3 million, making up 42.6 percent of total revenues in 2022.<img src="https://photo-assets.superyachttimes.com/photo/205162/image/large-55c378269a7c50145cf5561442898726.jpeg" data-gid="gid://syiq/Photo/205162">Overall, the net revenue for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reached an impressive €1.030 billion for the period ending December 31, 2022 - a 14.6 percent increase to the previous year where <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> capped out at €898.4 million.&nbsp;Earnings before interest, taxes, depreciation and amoritisation (EBITDA) was up 36.5 percent as the firm hit €102.6 million, with an EBITDA margin of 14.1 percent. They also have a net profit of €60.5 million, which amounts to a growth margin of 6.1 percent from last year. This increases 170 basis points compared to 2021 at 4.4 percent. &nbsp;The Group’s net financial position improved from €93 million of net cash in 2021 to €365 million in 2022. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951">"These exciting results describe <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> glorious present and tell the story of its future. The luxury yachting market continues to expand, and we have good reason to believe that our results in the coming years will be increasingly positive. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has a portfolio of brands that are unique in the world for their breadth, prestige and beauty, and an industrial vision focused on investments in innovation and sustainability: two closely related factors that will increasingly make the difference,” said <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Alberto Galassi. “There are no magic formulas, but with these numbers and the success factors I have just mentioned, I can assure our shareholders and our customers that theirs is and will continue to be a winning choice”.The strong performance results for 2022 have been chalked up to three main factors. The continuous launch of new models, alongside the longer waiting list due to the extensive order book, means greater pricing power. They have also strategically positioned themselves to create a stronger presence in the made-to-measure market, which is currently the most profitable. On top of this, they have also seen more absorption of fixed costs.<img src="https://photo-assets.superyachttimes.com/photo/170889/image/large-ad62b45ff4fcaff3c8777b9dcaceec0b.jpg" data-gid="gid://syiq/Photo/170889">Looking forward, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has stated that they will focus on adapting and improving the offer and mix of products based on the evolution of market trends and customer expectations, as well as expanding the made-to-measure portfolio in large alloy yachts. They will also focus on the vertical integration of strategic and high value-added activities to ensure excellence in the luxury design, performance, quality and reliability of their yachts, and on improving the overall offer with the aim of strengthening the resilience and profitability of the business.

Ferretti Group reports net revenue of 1 billion

The Ferretti Group reports strong financial health and remarkable growth in 2022, with a net revenue of €1.030 billion.

Ferretti Group reports net revenue of over €1 billion in 2022

<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> is an Italian shipyard with a dynasty that spans the best part of a century. Despite being founded in 1945 in Limite sull’Arno to build and repair smaller yachts, by 1956 the yard was moved to Darsena Pisana as it had started signing projects too large for its facility.&nbsp;The shipyard has had an illustrious history, delivering more than 700 yachts &nbsp;– the largest of which being the 43.6-metre <a data-gid="gid://syiq/Yacht/1655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cap de Quers43.6m (143'1&quot;)Cantieri di Pisa2006">Cap de Quers</a>. The 27.43-metre <a data-gid="gid://syiq/Yacht/7829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nasima 27.43m (89'12&quot;)Cantieri di Pisa2012">Nasima</a> was the yard’s last build, and following her delivery in 2012 the yard closed and was finally sold.&nbsp;The shipyard was bought 18 months ago and is back in business, with a fleet of new projects under its new leadership. SuperYacht Times sat down with CEO Marco Massabò to hear all about it.<img src="https://photo-assets.superyachttimes.com/photo/260833/image/large-8899422b8b6ae0ea4429c0654f8f493f.jpg" data-gid="gid://syiq/Photo/260833">What is your background prior to&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>?&nbsp;Yachts have been part of my life for as long as I can remember. My father was a wood master and started working at a shipyard in Imperia, Italy, 70 years ago. I love boats and have professionally sailed for many years, competing from the Optimist to the Maxi yacht regattas – I’ve had a long collaboration with <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>.&nbsp;In 1992 I met Luca Bassani, founder of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and worked alongside him for 20 years. The brand was missing a refit yard in Italy, so I bought and founded one (WS Shipyard) in Savona. It's been very successful. I then moved into consultancy around 2010, working with clients both in yachting and shipping.&nbsp;I was working with some major players – it was a nice life. But around a year and a half ago, Enrico Gennasio (president and owner of the Alfagomma group) told me he was going to buy <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, asking if I wanted to work with him.&nbsp;A great opportunity. I immediately got to work, spending time with naval architects and exterior designers, dreaming up the best yachts we can bring to market. The shipyard had great energy, and a number of great international designers came to visit us. <img src="https://photo-assets.superyachttimes.com/photo/259110/image/large-dc2f2a0d48808d14b563a945716e4215.jpg" data-gid="gid://syiq/Photo/259110"><a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;is back building yachts. Do these new models reflect a new vision?<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> is an iconic brand. We’re not here to change the rules, we want to rewrite them. The yachts that we’ve started to build are different from what <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> traditionally did. But we also want to be different from our competitors.&nbsp;Rather than starting from aesthetics, our primary interest is weight. We want to save as much weight as possible, to build and deliver some of the lightest yachts on the market. <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> yachts are fast, agile, and incredibly sleek and all have shallow drafts. <img src="https://photo-assets.superyachttimes.com/photo/258737/image/large-8913f6c24d1edd5383a600b3c775dbbb.jpg" data-gid="gid://syiq/Photo/258737">The 25m 80 Veloce – the first&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;yacht since 2012 – is scheduled for delivery this year. Can you say a few words about her?&nbsp;The 80 Veloce is our first yacht. We wanted to build something that embodies our new philosophy – and she’s crazy fast! She’ll be equipped with three 2,000 horsepower V12 <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that deliver a top speed in excess of 60 knots. The series has been well received and we already have clients signed for the second and third hull.&nbsp;She’s not for everyone though – which is why we’re about to present a Gran Turismo edition to the market. The 80 GT is based on the same lightweight hull yet with a more family-focused design. She’ll also be equipped with two engines, not three. <img src="https://photo-assets.superyachttimes.com/photo/258738/image/large-72d27a22a4c507d152fcab6398958f5e.jpg" data-gid="gid://syiq/Photo/258738"><a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;also presented the new Akhir series. Has this model line been well received and are you considering building on speculation?&nbsp;The Akhir series is a new design for <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> which is offered in three sizes: a 31-metre, a 37-metre and a 42-metre flagship. Much like the 80 Veloce the idea is to keep the weight down as much as possible. The series has a contemporary design and we’re in talks about whether to build the first unit on speculation – it might happen, but I can’t confirm either way at this moment in time. <img src="https://photo-assets.superyachttimes.com/photo/259105/image/large-50b2769c2995a007591094d39d092014.jpg" data-gid="gid://syiq/Photo/259105">Why is weight such an important topic for&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>?Any sailor will tell you the importance of weight – they just will. I’ve personally sailed around the world on some of the world’s most important and fastest boats, and every time their core attribute was weight. However, shipyards and designers rarely consider weight early on when they’re planning a new project. <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> does things differently, it’s my absolute credo. <img src="https://photo-assets.superyachttimes.com/photo/259106/image/large-848f31e2855eb67f5df5c8156f48eba3.jpg" data-gid="gid://syiq/Photo/259106">Choosing to build light implies a commitment to delivering yachts with shallow drafts. How else are you trying to maximise this across all your series?&nbsp;We’ll equip both the 80 Veloce and Gran Turismo series with waterjets. Waterjets are the safest way to arrive at high speeds and they can go in really shallow waters. And to overcome issues of sucking up sand (a particular issue in Miami), we’ve added a special sea chest. It's a simple, not crazy innovation.&nbsp;Coming from <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, I of course have taken inspiration from their model lines and I especially like what they’ve done with the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 118 Power – the James Bond yacht. But I’ve also listened closely to my friend and naval architect, <a data-gid="gid://syiq/Company/1206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Marco Arnaboldi (Company)">Marco Arnaboldi</a>, who designed many fast boats, including the CDP80 veloce. He’s one of the best in the world when it comes to waterjet technology. We decided to follow him on our design – there isn’t anyone better! <img src="https://photo-assets.superyachttimes.com/photo/259100/image/large-e738a900d681e7e9b00f4677cfafd4fd.jpg" data-gid="gid://syiq/Photo/259100">An automotive designer and America’s Cup engineer collaborating on your designs. How did this come about?It’s simple. We want speed and performance, so why not bring in the best? A typical motor yacht goes around 18 to 20 knots, yet a high-performance America’s Cup sailing yacht reaches speeds of up to 40 knots – it’s a big difference, even if you factor out the foils. At <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> we want to use this knowledge to study the possibilities of reducing as much drag as possible with our yachts. <img src="https://photo-assets.superyachttimes.com/photo/260834/image/large-1241be498043c5a2ee330d299e207c7c.jpg" data-gid="gid://syiq/Photo/260834">For the past 18 months,&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;has focused exclusively on refits. Why?&nbsp;We weren’t ready for new builds until now, we needed to establish ourselves. When we took over <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, it hadn’t been operating for 10 years. We invested around €1.5 million to renovate the facilities and in the past 18 months, we have worked on 27 yachts, which brings a good level of return for the business: building capital and our reputation.&nbsp;Working as a refit yard has also put us in direct communication with many captains, which is great for our Research &amp; Development. For the past 18 months, we’ve been learning the trouble points and how to build a perfect yacht, designed for the captain.&nbsp;We’ve continued to invest and we’ll soon announce a new facility.&nbsp;

CEO Marco Massabò on the return of Cantieri di Pisa

Cantieri di Pisa is back – and it's back with a number of new projects. SYT sat down with CEO Marco Massabò to hear all about it. 

Bigger, better, faster: The return of Cantieri di Pisa with CEO Marco Massabò

The 60-metre <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> superyacht <a data-gid="gid://syiq/Yacht/424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beol60.0m (196'10&quot;)CRN2009">Beol</a> has entered the market. Previously named Blue Eyes London, the <a href="https://www.superyachttimes.com/yachts/beol/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Beol for sale</a> was delivered in 2009 by CRN Ancona.<img src="https://photo-assets.superyachttimes.com/photo/262758/image/large-da8e069669892408c214e71e4187d1be.png" data-gid="gid://syiq/Photo/262758"><a data-gid="gid://syiq/Yacht/424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beol60.0m (196'10&quot;)CRN2009">Beol</a> features exterior lines 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>, while <a data-gid="gid://syiq/Company/1359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fabrizio Smania S.p.a. (Company)">Fabrizio Smania</a> was responsible for her interior design. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> has been meticulously maintained by her experienced owner, leaving her in pristine condition. <img src="https://photo-assets.superyachttimes.com/photo/262764/image/large-a4c461ccb9690ea33a89cf298a7a5598.png" data-gid="gid://syiq/Photo/262764"><img src="https://photo-assets.superyachttimes.com/photo/262767/image/large-07f9e4f2860fef476501ae94606eecb3.png" data-gid="gid://syiq/Photo/262767"><img src="https://photo-assets.superyachttimes.com/photo/262776/image/large-de854dd238af71dbf4d1c7b414d204a7.png" data-gid="gid://syiq/Photo/262776"><img src="https://photo-assets.superyachttimes.com/photo/262765/image/large-045a305a5f987369fce8a632f3c4c32b.png" data-gid="gid://syiq/Photo/262765">Inside, <a data-gid="gid://syiq/Company/1359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fabrizio Smania S.p.a. (Company)">Fabrizio Smania</a> curated a timeless, serene atmosphere. The main saloon is light and airy, with white furnishings and carpentry, accompanied by panoramic windows to fill the room with natural light. Forward lies a formal glass dining table that comfortably seats ten guests, as well as a grand piano. She features a superyacht lift allowing easy access across all four decks.<img src="https://photo-assets.superyachttimes.com/photo/262783/image/large-c046c7c26be477acc52ae7888bf048e7.png" data-gid="gid://syiq/Photo/262783"><img src="https://photo-assets.superyachttimes.com/photo/262784/image/large-82082a55a707fb4ec2e474d746ea3023.png" data-gid="gid://syiq/Photo/262784">The <a href="https://www.superyachttimes.com/yachts/crn/for-sale" rel="noopener noreferrer" target="_blank" title="">CRN yacht for sale</a> provides accommodation for up to 14 guests across six sumptuous staterooms. The full-beam owner’s suite benefits from an office and a private fold-down balcony that overlooks the ocean. Each of the guest staterooms contain televisions and an ensuite for maximum comfort. She also has space to sleep up to 13 crew to ensure her guests have a pleasant cruising experience.<img src="https://photo-assets.superyachttimes.com/photo/262778/image/large-e61cb9a20ac20fe8b1b164772f5769a3.png" data-gid="gid://syiq/Photo/262778"><img src="https://photo-assets.superyachttimes.com/photo/262780/image/large-661dea5645ac8a72e028420a9e760773.png" data-gid="gid://syiq/Photo/262780"><img src="https://photo-assets.superyachttimes.com/photo/262781/image/large-bdf2fc8e60e35a8315f6ea8cce8b2d03.png" data-gid="gid://syiq/Photo/262781"><img src="https://photo-assets.superyachttimes.com/photo/262779/image/large-db1a2a8d0bda286aad1fcbe4b114d883.png" data-gid="gid://syiq/Photo/262779"><img src="https://photo-assets.superyachttimes.com/photo/262774/image/large-61867e5af36f482d6f0aadb734b52d85.png" data-gid="gid://syiq/Photo/262774">Outside, <a data-gid="gid://syiq/Yacht/424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beol60.0m (196'10&quot;)CRN2009">Beol’s</a> expansive exterior offers a range of state-of-the-art leisure amenities. <a data-gid="gid://syiq/Yacht/424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beol60.0m (196'10&quot;)CRN2009">Beol</a> is suitable for everyone; those with active lifestyles can hit the gym, while others may prefer to wind down in the Jacuzzi pool. Guests can lounge on one of the outdoor sofas, catch a tan on the sunbeds, or enjoy evening cocktails at the alfresco dining table. Her spacious beach club includes a fold-out bathing platform for easy access to the sea. <img src="https://photo-assets.superyachttimes.com/photo/262763/image/large-79357e471ae606d2510c88bd55d9f0a8.png" data-gid="gid://syiq/Photo/262763"><img src="https://photo-assets.superyachttimes.com/photo/262769/image/large-832a0c2486a658cf8757e07c95e17f8c.png" data-gid="gid://syiq/Photo/262769"><img src="https://photo-assets.superyachttimes.com/photo/262771/image/large-a303c90052233400243ef5bdcee9518e.png" data-gid="gid://syiq/Photo/262771"><img src="https://photo-assets.superyachttimes.com/photo/262760/image/large-2576f6a08c401bab739d38f981207a78.png" data-gid="gid://syiq/Photo/262760">Performance-wise, the 998 GT <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> 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> engines, giving her a top speed of 14 knots and a range of 4,000 nautical miles while cruising at 11 knots.

60m CRN superyacht Beol for sale

The 60-metre CRN superyacht Beol has entered the market.

(Updated 22-03-23 16:15 49m superyacht&nbsp;<a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a>&nbsp;refloated following salvage operation in Greece)The salvage operation of the 49-metre <a data-gid="gid://syiq/Company/59" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aegean Yacht (Company)">Aegean Yacht</a> superyacht <a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a>&nbsp; has continued following her <a data-gid="gid://syiq/Article/55848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="49m Aegean superyacht 007 sinks in Greece (2022-09-03 12:00:00 +0200)">sinking in September 2022</a>.<img src="https://photo-assets.superyachttimes.com/photo/262751/image/large-07dd692402c74a82f8ac7a618f7f0be1.jpg" data-gid="gid://syiq/Photo/262751"><a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a> currently lies off the island of Kythnos, Greece, with the operation to hoist her from the water beginning on 6 March. The superyacht had remained in the water since September last year, with the mayor of Kythnos, Stamatios Garderis working hard to remove her from the picturesque waters.On 21 March, 007 was refloated with Stamatios Garderis posting online in Greek: "Ready to set sail. It's a matter of hours before 007 is removed."<img src="https://photo-assets.superyachttimes.com/photo/262733/image/large-04e4d6bdf91bb85ef9adac729a81bc8d.jpeg" data-gid="gid://syiq/Photo/262733">According to online news reports, the Greek authorities had allegedly informed the owner, through a bailiff, that they had one month to resolve the situation and <a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a> or they would face severe fines.<a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a> allegedly capsized in September 2022 due to a GPS malfunction that led the yacht towards the shore. She eventually started lifting heavily on the port side, and water poured in causing her to sink.<img src="https://photo-assets.superyachttimes.com/photo/262732/image/large-8940a1f2eb5902a290c785dc36941897.jpeg" data-gid="gid://syiq/Photo/262732">(03-10-22 12:00 Salvage of 49m superyacht&nbsp;<a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a>&nbsp;has begun in Greece)The salvage of the 49-metre <a data-gid="gid://syiq/Company/59" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aegean Yacht (Company)">Aegean Yacht</a> superyacht <a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a> has begun <a data-gid="gid://syiq/Article/55848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="49m Aegean superyacht 007 sinks in Greece (2022-09-03 12:00:00 +0200)">after the vessel turned onto her side and sank last month</a>. SuperYacht Times reader Jonathan Jones witnessed the activity this weekend while enjoying the sunshine off the island of Kythnos in Greece. <img src="https://photo-assets.superyachttimes.com/photo/243398/image/large-a92885c425f34b7dafdc224e9faf6900.jpg" data-gid="gid://syiq/Photo/243398">The rescue vessel&nbsp;Aegis 2 anchored to the stern of <a data-gid="gid://syiq/Yacht/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="00749.0m (160'9&quot;)Aegean Yacht2006">007</a> and the salvage team began to remove floating items, such as furniture and debris, from within the oil barrier which was erected around the yacht during her sinking.<img src="https://photo-assets.superyachttimes.com/photo/243399/image/large-99080adf7d96f00bc24d8e14234662e3.jpg" data-gid="gid://syiq/Photo/243399">The cause of the sinking is still unknown, or has not yet been disclosed by the maritime authorities in Greece, though some suspect stability issues with the vessel which underwent a variety of extensions and transformations since her delivery in 2006.Find out more about the sinking here: <a data-gid="gid://syiq/Article/55848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="49m Aegean superyacht 007 sinks in Greece (2022-09-03 12:00:00 +0200)">49m Aegean superyacht 007 sinks in Greece</a><img src="https://photo-assets.superyachttimes.com/photo/243400/image/large-a16b0fca42490fc4dccd08bec88c2888.jpg" data-gid="gid://syiq/Photo/243400">The sinking of the vessel came during a period when a large number of yachts were being lost in fires and similar incidents, both in Greece and in the wider world. You can find the full list of superyachts destroyed this year here: <a data-gid="gid://syiq/Article/55771" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Update: Two more superyachts added to the list of casualties in 2022 (2022-09-05 10:45:00 +0200)">Update: Two more superyachts added to the list of casualties in 2022</a>.

49m superyacht 007 refloated following salvage operation in Greece

The salvage of the 49m superyacht 007 which sank in Greece last month, has now begun.

The 67.06 <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maria67.06m (220'0&quot;)Amels2007">Maria</a> has joined the market. The <a href="https://www.superyachttimes.com/yachts/maria/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Maria for sale</a> was delivered in 2007, and has been meticulously maintained ever since.<img src="https://photo-assets.superyachttimes.com/photo/262552/image/large-87d97c64e4a44c57d6333990b239c95e.jpg" data-gid="gid://syiq/Photo/262552"><a data-gid="gid://syiq/Yacht/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maria67.06m (220'0&quot;)Amels2007">Maria</a> was built by the Dutch shipyard <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> as My Shanti, and her original interior and exterior areas were created by <a data-gid="gid://syiq/Company/2" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Terence Disdale Design (Company)">Terence Disdale Design</a>. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> underwent a hefty refit in 2016 at <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> in Germany, where she had her sundeck remodelled with a new enclosed observatory lounge. <img src="https://photo-assets.superyachttimes.com/photo/262501/image/large-cead7c8a16a6ea2ac45e093d64eed128.jpg" data-gid="gid://syiq/Photo/262501"><img src="https://photo-assets.superyachttimes.com/photo/262516/image/large-6183ad2bc2e0d3dbbe3dc739ecd94aff.jpg" data-gid="gid://syiq/Photo/262516"><img src="https://photo-assets.superyachttimes.com/photo/262517/image/large-6c807eb518bae07ccd5d9fdc27c1f814.jpg" data-gid="gid://syiq/Photo/262517">Inside, <a data-gid="gid://syiq/Yacht/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maria67.06m (220'0&quot;)Amels2007">Maria</a> offers plenty of space for socialising and relaxation. Her spacious main saloon features comfortable white furnishings and carpentry with hints of blue. Oversized windows encompass the saloon to allow plenty of natural light to seep through. She also features a spa/massage room for guests to wind-down after a long day of activities. <img src="https://photo-assets.superyachttimes.com/photo/262707/image/large-6eb9bb057956322b8942d76175f1c9ea.jpg" data-gid="gid://syiq/Photo/262707"><img src="https://photo-assets.superyachttimes.com/photo/262712/image/large-5b6243aeea825cb5c5e977fe95562ab3.jpg" data-gid="gid://syiq/Photo/262712"><img src="https://photo-assets.superyachttimes.com/photo/262706/image/large-8bc893d7c15a7cd2cff93bc60ed4e29f.jpg" data-gid="gid://syiq/Photo/262706">The <a href="https://www.superyachttimes.com/yachts/amels/for-sale" rel="noopener noreferrer" target="_blank" title="">Amels yacht for sale</a> provides accommodation for up to 23 guests across eight luxurious staterooms. All of the staterooms are incredibly comfortable and include wide-screen televisions, so guests have a cosy space to retreat to. &nbsp;She is also able to welcome 18 crew onboard to attend to her guests’ needs. <img src="https://photo-assets.superyachttimes.com/photo/262533/image/large-81ed2761c0a9341bd0fa9b4fe56faf91.jpg" data-gid="gid://syiq/Photo/262533"><img src="https://photo-assets.superyachttimes.com/photo/262514/image/large-709de439a05431e6ce5de6c388c67904.jpg" data-gid="gid://syiq/Photo/262514"><a data-gid="gid://syiq/Yacht/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maria67.06m (220'0&quot;)Amels2007">Maria’s</a> sundeck has become the perfect for those with active lifestyles, featuring a climate-controlled gym on the sundeck, and a pool forward for splendid views. Aft of the gym is a flexible space for shooting hoops, exercising, or relaxing on the lounge furniture. Guests can venture out onto the sea via the incredibly large swim platform at the stern.<img src="https://photo-assets.superyachttimes.com/photo/262531/image/large-c07a6330b35a88d95b227c034c0c75cc.jpg" data-gid="gid://syiq/Photo/262531"><img src="https://photo-assets.superyachttimes.com/photo/262696/image/large-a42f0bae662427c2b85045c903a7c21f.jpg" data-gid="gid://syiq/Photo/262696"><img src="https://photo-assets.superyachttimes.com/photo/262697/image/large-d29d565c131534aabdeee91bd257651e.jpg" data-gid="gid://syiq/Photo/262697">Performance-wise, the 1,200 GT <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, providing her with a top speed of 17 knots and a cruising speed of 15 knots. She will be attending this year’s <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a> for viewing.

67m Amels yacht Maria for sale

The 67m Amels superyacht Maria has joined the market. She was delivered in 2007. 

67m Amels superyacht Maria for sale

The 76.4-metre research vessel, <a data-gid="gid://syiq/Yacht/8372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Petrel76.45m (250'10&quot;)Brattvaag Skipsverft AS2003">Petrel</a>, formerly owned by the late Microsoft co-founder Paul Allen has fallen on a 45-degree angle on her starboard side in a dry dock in Leith, Edinburgh. <img src="https://photo-assets.superyachttimes.com/photo/262728/image/large-32f62e2fc0de714fc149566c8f6785ac.jpg" data-gid="gid://syiq/Photo/262728">In the early morning on 22 March, emergency services were called to help assist with the casualty. The cause of the incident is still under investigation, but it is believed that strong winds played a significant role. The coastguard sent teams to the scene and the public has been asked to avoid the area of Imperial Dock. <img src="https://photo-assets.superyachttimes.com/photo/262729/image/large-2b5c5c009a48ea0f2296f688c99d05cf.jpg" data-gid="gid://syiq/Photo/262729">The unexpected accident resulted in 25 people being injured, with 15 of them being taken to the hospital, and two crew members are feared missing. Emergency services, including five ambulances, an air ambulance, and three trauma teams, were deployed to the scene. The local hospital is on standby to receive any critical patients. <img src="https://photo-assets.superyachttimes.com/photo/63461/image/large-56395a6f5a3f5816860c7a32a46dce57.jpg" data-gid="gid://syiq/Photo/63461">During his lifetime Microsoft co-founder Paul Allen also owned iconic expedition yachts including the 94-metre <a data-gid="gid://syiq/Yacht/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatoosh92.42m (303'3&quot;)Nobiskrug2000">Tatoosh</a> and the expansive 126-metre <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a>.

76m research superyacht Petrel falls

In the early morning of March 22nd, research superyacht Petrel, formerly owned by Paul Allen, has fallen in Imperial Dock, Edinburgh. 

25 people injured and 2 missing after 76m research vessel Petrel falls

<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> has announced the launch of the 65.7-metre superyacht <a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> in Viareggio, Italy. The <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>&nbsp;motor yacht, also known as Hull FR044 is based on the <a data-gid="gid://syiq/Company/1405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitruvius Ltd (Company)">Vitruvius</a> Lifestyle yacht design and was developed and completed entirely over Zoom in December 2019.<img src="https://photo-assets.superyachttimes.com/photo/262615/image/large-f17cd3e29f8f8d1d541a2a58bb08fcf2.jpg" data-gid="gid://syiq/Photo/262615"><a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> was designed by <a data-gid="gid://syiq/Company/53" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Philippe Briand Ltd. (Company)">Philippe Briand</a> – <a data-gid="gid://syiq/Company/1405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitruvius Ltd (Company)">Vitruvius Yachts</a> and features a steel hull and aluminium superstructure. The client is an experienced yachtsman who previously chartered yachts twice a year for the last 20 years and had a precise and extensive list of needs for <a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a>.Fabrizio Loi of Florida-based construction specialists <a data-gid="gid://syiq/Company/6200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interyachting (Company)">Interyachting</a> acted as the owner’s representative, while <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Team for Design - Enrico Gobbi</a> were responsible for her interior design and outdoor styling.“Alongside the guidance of his owner’s representative, we were provided with very detailed feedback and preferences. Every line, every single volume of the yacht has been scrutinised,” commented designer <a data-gid="gid://syiq/Company/53" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Philippe Briand Ltd. (Company)">Philippe Briand</a>.<img src="https://photo-assets.superyachttimes.com/photo/262616/image/large-b8ef8a350939a4b502d57e6d51d72218.jpg" data-gid="gid://syiq/Photo/262616">Read:&nbsp;<a data-gid="gid://syiq/Article/52903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New 66m Vitruvius yacht underway at Rossinavi (2021-05-10 16:30:00 +0200)">New 66m Vitruvius yacht underway at Rossinavi</a><a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> features a slimline exterior profile that the shipyard says is "all about proportioned balance and exudes tranquillity." Her silhouette is enhanced by her impressive interior volume of 1,172 GT with design features such as a suspended glass staircase in the main saloon that connects to the bridge and upper decks.<a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Team for Design - Enrico Gobbi</a> used materials such as natural teak combined with white natural stone surfaces and prestigious steel detailing for her exterior. Her interior is characterised by a calm and elegant atmosphere with a soft colour palette of beige and ivory tones. As well as this, every piece of furniture is bespoke, including the oversized sofa in the main saloon which is one of a kind.<a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> features a five stateroom configuration with each room given a personal touch from individual artworks that her owners have sourced during their trips all over the world.&nbsp;<iframe title="vimeo-player" src="https://player.vimeo.com/video/810529435?h=edbb5c9f0d" width="640" height="360" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>The main amenities onboard <a href="https://sya.superyachttimes.com/news/per:24/title:alchemy/published:0/not_published:0#managed-by-system" target="_blank">Alchemy</a> include a Jacuzzi, numerous sunpads, a bar, and entertaining areas, as well as a barbecue positioned near one of the dining spaces. The bridge deck features a saloon and another alfresco dining area for more formal occasions while the main deck exposes a large cockpit.&nbsp;"I was very lucky to meet this owner, who guided and empowered the entire team involved in the creation of his superyacht. A real "Alchemy", as the name evokes, a combination of elements which leads to an original and refined result: a streamlined and elegant three deck vessel, 66-metres long, that fits perfectly with what Vitruvius Yachts represents," commented <a href="https://sya.superyachttimes.com/news/per:24/title:alchemy/published:0/not_published:0#managed-by-system" target="_blank">Philippe Briand</a>, Founder of <a href="https://sya.superyachttimes.com/news/per:24/title:alchemy/published:0/not_published:0#managed-by-system" target="_blank">Vitruvius Yachts</a>The beach club of <a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> is designed to give the impression of entering a spa. She is adorned with teak wood and enhanced by fine details in stainless steel and white marble with a matt finish to provide a relaxing atmosphere. She also features arch-like windows in her massage room which elevate the harmonious atmosphere. <img src="https://photo-assets.superyachttimes.com/photo/262614/image/large-ec0ab4abd50f3a337be7100719c0a486.jpg" data-gid="gid://syiq/Photo/262614"><a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> also has a capacious garage area with space for two tenders of seven and eight metres. There is alsor nough space to store a vast array of equipment including paddleboards, windsurfs, water skis, a water slide, inflatable docks and even mountain bikes for exploration trips on land.<a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>’s latest superyacht <a data-gid="gid://syiq/Yacht/9151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alchemy65.7m (215'7&quot;)Rossinavi2023">Alchemy</a> includes a diesel electric propulsion system and is propelled by pods to reduce the loss of energy between the engines and navigation speed. The significant reduction of carbon emission is one of the key features of the Italian shipyard’s new vessel."The key word for this vessel is balance. With <a data-gid="gid://syiq/Company/53" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Philippe Briand Ltd. (Company)">Philippe Briand</a>, we were able to best express the know-how and skills we have gained through decades of experience; together we were able to work in synergy under the precious guidance and presence of the owner," said Federico Rossi, Chief Operating Officer of <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a>.The Italy-based builder currently has another five yachts under construction, including the <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> 59M, <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> 50M and the much-anticipated 42.75-metre hybrid electric superyacht<a data-gid="gid://syiq/Article/56029" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi announces construction of new 43m hybrid-electric catamaran Sea Cat (2022-09-28 09:45:00 +0200)">&nbsp;Sea Cat, which began construction last year</a>.<img src="https://photo-assets.superyachttimes.com/photo/195134/image/large-2cf1401e977262830c412a0145443b9b.jpg" data-gid="gid://syiq/Photo/195134">

66m Rossinavi superyacht Alchemy launched

Rossinavi has announced the launch of the 66m superyacht Alchemy in Viareggio, Italy.

Video: Rossinavi’s 66m Vitruvius superyacht Alchemy launched

The 41.4-metre <a data-gid="gid://syiq/Company/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alia Yachts (Company)">Alia Yachts</a> superyacht <a data-gid="gid://syiq/Yacht/5674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ruya41.4m (135'10&quot;)Alia Yachts2015">Ruya</a> has entered the market. The <a href="https://www.superyachttimes.com/yachts/ruya/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Ruya for sale</a> was delivered in 2015 by her Turkish builder. <img src="https://photo-assets.superyachttimes.com/photo/262405/image/large-72afa0cc697d7dc0d2aff3eb2d307dd8.png" data-gid="gid://syiq/Photo/262405"><a data-gid="gid://syiq/Yacht/5674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ruya41.4m (135'10&quot;)Alia Yachts2015">Ruya</a> is the third largest yacht built by <a data-gid="gid://syiq/Company/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alia Yachts (Company)">Alia Yachts</a>, with a volume of 499 GT. Australian designer <a data-gid="gid://syiq/Company/98" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sam Sorgiovanni Designs P/L (Company)">Sam Sorgiovanni</a> was responsible for designing the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale’s</a> exterior and interior, meanwhile, <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen</a> penned her naval architecture. <img src="https://photo-assets.superyachttimes.com/photo/116166/image/large-43fc45085180396bb2f6b973a7a83caa.jpg" data-gid="gid://syiq/Photo/116166"><img src="https://photo-assets.superyachttimes.com/photo/116194/image/large-b4b193ca7e3c45ce67e6e21a7ee90716.jpg" data-gid="gid://syiq/Photo/116194">Inside, <a data-gid="gid://syiq/Company/98" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sam Sorgiovanni Designs P/L (Company)">Sam Sorgiovanni</a> has devised a comfortable spot for relaxation. <a data-gid="gid://syiq/Yacht/5674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ruya41.4m (135'10&quot;)Alia Yachts2015">Ruya’s</a> main saloon is warm and inviting, decorated with brown, cream, and orange furnishings. Panoramic windows are sprawled across the walls, providing endless sea views from the saloon and the eight-person formal dining area forward. One of <a data-gid="gid://syiq/Yacht/5674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ruya41.4m (135'10&quot;)Alia Yachts2015">Ruya’s</a> highlights is her cinema, which contains a large U-shaped sofa for all 12 guests to sit back and enjoy. <img src="https://photo-assets.superyachttimes.com/photo/116164/image/large-07dcd3994a6d82d15e9ef9a1f7221366.jpg" data-gid="gid://syiq/Photo/116164">The <a href="https://www.superyachttimes.com/yachts/alia/for-sale" rel="noopener noreferrer" target="_blank" title="">Alia Yachts yacht for sale’s</a> five-stateroom configuration welcomes up to 12 guests onboard, including a full-beam master suite on the main deck. Her remaining guest staterooms are situated on the lower deck. She also has room for nine crew to ensure the guests have a comfortable cruising experience. <img src="https://photo-assets.superyachttimes.com/photo/116191/image/large-5654b21d6fbec8bf1865bfea4c70286c.jpg" data-gid="gid://syiq/Photo/116191"><img src="https://photo-assets.superyachttimes.com/photo/116175/image/large-4908b4bf45b58a8aae3f39669cf25487.jpg" data-gid="gid://syiq/Photo/116175"><img src="https://photo-assets.superyachttimes.com/photo/116189/image/large-ecd9e7c1834c52d142dd2dfdbd7cf6cc.jpg" data-gid="gid://syiq/Photo/116189">Outside, <a data-gid="gid://syiq/Yacht/5674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ruya41.4m (135'10&quot;)Alia Yachts2015">Ruya</a> boasts a wide array of activities. Her expansive sundeck is the perfect space for socialising, featuring a full wet bar, an alfresco dining area, a barbeque, and a glass-faced Jacuzzi for guests to catch some sun rays. Her exterior also features a tender garage and water toy storage and a beach club with a hydraulic swim platform that allows for easy access to the sea. <img src="https://photo-assets.superyachttimes.com/photo/116047/image/large-15a4d57a795f8c5ddc6f407e184d6165.jpg" data-gid="gid://syiq/Photo/116047"><img src="https://photo-assets.superyachttimes.com/photo/116036/image/large-d6fee57f8bc5f46fd50cd9e8edd0430e.jpg" data-gid="gid://syiq/Photo/116036">In terms of performance, the 499 GT <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> 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> engines, giving her a top speed of 14 knots and a cruising speed of 10 knots. She will be attending this year’s <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a> for viewing.

41m Alia Yachts yacht Ruya for sale

The 41.4-metre Ali Yachts superyacht Ruya has entered the market.

41m Alia Yachts superyacht Ruya for sale

Upon being acquired by an enthusiastic owner following a severe fire in 2016, the classic &nbsp;71-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> motor yacht, formerly, The One and Carinthia VI, has now been renamed <a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">V2V</a> and has been rebuilt to exhibit her original <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg</a> lines, paying homage to her history and classical design. <img src="https://photo-assets.superyachttimes.com/photo/262005/image/large-b479c33a41dbe5498bfc12ac23aab48d.jpg" data-gid="gid://syiq/Photo/262005"><a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">V2V</a> was first launched in 1973 as Carinthia VI&nbsp;for the experienced owner duo and late &nbsp;German entrepreneur Helmut Horten and, in later years, his wife, Heidi. Carinthia VI&nbsp; (now <a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">V2V</a>) was praised for her outstanding design by Jon Bannenberg. While Helmut Horten passed away in 1987, Heidi held on to Carinthia VI until she sold it to an Italian owner in 2003, a year after taking delivery of the 97.2-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Carinthia VII.<img src="https://photo-assets.superyachttimes.com/photo/42312/image/large-cfeef1509721d86e327ccd1fc97ea0aa.JPG" data-gid="gid://syiq/Photo/42312">The One (pictured before the rebuild) anchored off St Jean Cap Ferrat in 2006Compelling and ambiguous is the story behind the Hortens and their commissioned fleet. With the recent news of a rebuild for Carinthia VI&nbsp;the progressive timeline of the Carinthias is eloquently conveyed through the lens of SuperYacht Times yacht historian Malcolm Wood. &nbsp;Read more: <a data-gid="gid://syiq/Article/45429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Helmut and Heidi Horten: a fleet of Carinthias (2016-02-01 23:00:00 +0100)">Helmut and Heidi Horten: a fleet of Carinthias</a>The commissioning of the Carinthia yachts began more than 50 years ago, cruising the oceans of the world since the early 1960s. The details of the first two of the Carinthias fleet are obscure, though widely assumed to have consisted of smaller vessels for use on the &nbsp;Ruhr and Rhine rivers.&nbsp;Carinthia III, on the other hand, was Horten’s first real superyacht. Measuring 24.60 metres she was built by the French shipyard <a data-gid="gid://syiq/Company/548" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chantier de L'Estérel (Company)">Chantiers Navals de l’Esterel&nbsp;</a>in 1961. She was designed by <a data-gid="gid://syiq/Company/549" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="André Mauric (Company)">André Mauric</a>, and was later sold and renamed twice; Brionie and <a data-gid="gid://syiq/Yacht/7635" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Venezuela 24.6m (80'9&quot;)Chantier de L'Estérel1961">Venezuela</a>. One thing all the Carinthia’s have in common is that they are all notably fast yachts and though Carinthia III&nbsp;was one of the slowest in the fleet, she still boasted a top speed of 23 knots. She was last reported to be in Greece in 2006.<img src="https://photo-assets.superyachttimes.com/photo/158208/image/large-77b059274290fe2e7df6bc0ea1be05cb.jpg" data-gid="gid://syiq/Photo/158208">Carinthia IV&nbsp;(pictured above) saw Horten upgrade in size by almost 18 metres to 42 metres, to a yacht that was also the fastest Carinthia with a top speed of 34 knots. Built by the same French shipyard as Carinthia III, she was completed in 1964, with Horten again assigning her design to <a data-gid="gid://syiq/Company/549" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="André Mauric (Company)">Mauric</a>, this time in collaboration with the now-iconic <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Jon Bannenberg</a>. Again, &nbsp;number four in the series of yachts was sold and renamed, this time to Sylvana C. She was outlived by her original owner after being consumed by fire in Greece in 1981. <img src="https://photo-assets.superyachttimes.com/photo/158209/image/large-31df9a29efea2ff4162f1fec7b13311a.jpg" data-gid="gid://syiq/Photo/158209">A&nbsp;rare photo of Carinthia V taken shortly before she sankTragedy too taints the fate of Carinthia V. Seeing another extension in length from her predecessor, this vessel was built at the German shipyard <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, a brand a little closer to home for Horten. Measuring 67.85 metres, <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg</a> was responsible for her design this time in collaboration with <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, marking a departure from the French shipyard Horten had previously favoured for his Carinthias. Still a fast yacht for her size at 27 knots, she met her end after striking an uncharted rock near Corfu in 1971, the same year she was completed. &nbsp;<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/41771/image/large-8e56257c26ee5ce2d509c8d7873e3407.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20230322%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20230322T111543Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=20f69c05db0c672ec6a3b3704aa8ab118f207a8a764686c785ee142295a13ada" data-gid="gid://syiq/Photo/41771">Original drawing of Carinthia VI. Source: Jon Bannenberg: A Life Of DesignHorten didn’t grieve over the loss for too long, however, and promptly ordered a &nbsp;replacement that was delivered just two years later in 1973. Again built by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen&nbsp;</a>to an almost identical design of Carinthia V, Carinthia VI&nbsp;measured 70.68 metres, and was one of the largest yachts in the world at the time. <img src="https://photo-assets.superyachttimes.com/photo/20602/image/large-2c2fb29561e15adb5225ba41d35f90b9.jpg" data-gid="gid://syiq/Photo/20602">She was later sold and renamed The One and she cruised under that name for another 13 years. Regrettably, on 4 January 2016, she was destroyed in a fire that broke out in the marina where she was moored in Marmaris in Turkey. Extensive damage was caused during the incident, and the neighbouring <a data-gid="gid://syiq/Company/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Jadaf (Company)">Al Jadaf&nbsp;</a> 52-metre vessel, <a data-gid="gid://syiq/Yacht/1066" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barbie52.0m (170'7&quot;)Al Jadaf2006">Barbie</a>, was so heavily damaged it had to be scrapped after the fire. &nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/47981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Back from the dead: 71m Lürssen superyacht The One awaits new owner (2018-01-05 13:00:00 +0100)">Back from the dead: 71m Lürssen superyacht The One awaits new owner</a><img src="https://photo-assets.superyachttimes.com/photo/20701/image/large-b8c4a30108631822017bf90873fc94e3.jpg" data-gid="gid://syiq/Photo/20701"><img src="https://photo-assets.superyachttimes.com/photo/20709/image/large-17992eecfc66c927a4293f4e5c1d8acc.jpg" data-gid="gid://syiq/Photo/20709">Her current owner took<a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">&nbsp;V2V</a> to Istanbul to prepare for a rebuild where she was spotted hauled out of the water. Images conveyed the extensive damage, including a missing superstructure and severe warping to the hull on the starboard side. The rest of the structure was in relatively good condition, including the untouched engine room and exterior aft section of the yacht. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/262439/image/large-e58a4af363b6e9a2ccf48de026b83548.jpg" data-gid="gid://syiq/Photo/262439">SuperYacht Times can report that the<a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">&nbsp;V2Vs</a> rebuild which took place in Turkey and was overseen by <a data-gid="gid://syiq/Company/5067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Technical (Company)">Ocean Technical</a> is nearly complete and the vessel is now running sea trials. We are anticipating further news on the<a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">&nbsp;V2V</a> motor yacht and are excited to see this icon of yachting return to her former glory. <img src="https://photo-assets.superyachttimes.com/photo/262440/image/large-31fd6ce193fdce9e0bfbc509307729c0.jpg" data-gid="gid://syiq/Photo/262440">We hope to do a full report on the Carinthia VI (now <a data-gid="gid://syiq/Yacht/674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V2V71.05m (233'1&quot;)Lürssen Yachts1973">V2V</a>) once the yacht is fully completed.Read more: <a data-gid="gid://syiq/Article/48770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inside scoop: Classic Lürssen superyacht The One to be rebuilt to original Bannenberg lines (2018-07-19 10:15:00 +0200)">Inside scoop: Classic Lürssen superyacht The One to be rebuilt to original Bannenberg lines</a>

Lürssen yacht Carinthia VI (now V2V) rebuilt after major fire

The iconic 71m Lürssen superyacht Carinthia VI (now V2V) has been rebuilt following a devastating fire in 2016. 

Exclusive: Lürssen yacht Carinthia VI (now V2V) rebuilt after major fire

<a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon Yachts</a> has announced the launch and delivery of the 24.31-metre E75 Skylounge motor yacht <a data-gid="gid://syiq/Yacht/12866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Repeat Offender III24.31m (79'9&quot;)Horizon Yachts2023">Repeat Offender III</a>. The first-time Australian owner wanted better offshore performance and amenities than his previous sports yacht and the E75 Skylounge yacht fit the bill.<img src="https://photo-assets.superyachttimes.com/photo/262587/image/large-dad86d4cca7a5f7b88a431daff4f2cf9.jpg" data-gid="gid://syiq/Photo/262587"><a data-gid="gid://syiq/Yacht/12866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Repeat Offender III24.31m (79'9&quot;)Horizon Yachts2023">Repeat Offender III</a> features a distinguished custom silver grey hull and a striking black radar arch. She was penned in full by her builder <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon Yachts</a> and boasts a stylish and streamlined exterior with an extensive use of glass. <img src="https://photo-assets.superyachttimes.com/photo/262602/image/large-e15c8de5a8910e42e0be85772fb60870.jpg" data-gid="gid://syiq/Photo/262602"><img src="https://photo-assets.superyachttimes.com/photo/262603/image/large-ddb518516ef53c3d9924269877dfb6d0.jpg" data-gid="gid://syiq/Photo/262603"><img src="https://photo-assets.superyachttimes.com/photo/262599/image/large-62301de945bfc8df625dd545b99c700e.jpg" data-gid="gid://syiq/Photo/262599">The E75 is one of the shipyard's most popular models, with surprisingly large deck spaces for a yacht of her size and a large number of Australian clients. The model offers a three stateroom layout, with accommodations for as many as six guests.Read:&nbsp;<a data-gid="gid://syiq/Article/56174" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts launches new 24m E75 for Australian client (2022-10-18 10:45:00 +0200)">Horizon Yachts launches new 24m E75 for Australian client<img src="https://photo-assets.superyachttimes.com/photo/262607/image/large-bb01fad6fe01d1f6f787a6c397abd481.jpg" data-gid="gid://syiq/Photo/262607"><img src="https://photo-assets.superyachttimes.com/photo/262608/image/large-db1971078b46eb8d4cce8810ab113069.jpg" data-gid="gid://syiq/Photo/262608"><img src="https://photo-assets.superyachttimes.com/photo/262611/image/large-c6c2aee53b70f85a79e5d93cea24b54d.jpg" data-gid="gid://syiq/Photo/262611"></a>Accommodation onboard <a data-gid="gid://syiq/Yacht/12866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Repeat Offender III24.31m (79'9&quot;)Horizon Yachts2023">Repeat Offender III</a> includes a full-beam master stateroom amidships, a queen cabin to starboard and a VIP in the bow. The master stateroom features a large custom window design with a large ensuite bathroom, as well as a sofa, desk and vanity. Crew quarters for two are situated aft of the engine room. <img src="https://photo-assets.superyachttimes.com/photo/262604/image/large-9fd3b32df353507018ba754e6842e46c.jpg" data-gid="gid://syiq/Photo/262604"><a data-gid="gid://syiq/Yacht/12866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Repeat Offender III24.31m (79'9&quot;)Horizon Yachts2023">Repeat Offender III</a> has been designed with an enclosed skylounge with a raised dinette to starboard that can convert to a bed for extra accommodations. Her bridge deck aft includes a bar and seating while her custom lighting system includes an RGB bar panel package to complement the yacht’s blue and white underwater LED system.<img src="https://photo-assets.superyachttimes.com/photo/262595/image/large-b17cbeb550e855d67379d82e04a5d254.jpg" data-gid="gid://syiq/Photo/262595"><a data-gid="gid://syiq/Yacht/12866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Repeat Offender III24.31m (79'9&quot;)Horizon Yachts2023"><img src="https://photo-assets.superyachttimes.com/photo/262594/image/large-79b86f75f0a3f13b59bf04e47aa0cbd2.jpg" data-gid="gid://syiq/Photo/262594">Repeat Offender III</a> is equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> C18A engines alongside an ABT bow and stern thrusters, stabilisers and Zipwake interceptors. Upon taking delivery, her owner plans to explore Australia’s Fraser Coast.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/262586/image/large-75de5a69ecfde0630adeb252c0ea156c.jpg" data-gid="gid://syiq/Photo/262586">

Horizon’s 24m yacht Repeat Offender III launched and delivered

Horizon Yachts has launched and delivered the 24m E75 Skylounge yacht Repeat Offender III to her Australian owner.

24m Horizon motor yacht Repeat Offender III launched and delivered

The 68.2-metre <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> superyacht <a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Soaring68.2m (223'9&quot;)Abeking & Rasmussen2020">Soaring</a> sold in the United Arab Emirates. Peter Hürzeler and Daniel Küpfer of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> represented the seller. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/178464/image/large-3d512391de20a1999efd98e5b62e10f3.jpeg" data-gid="gid://syiq/Photo/178464"><a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Soaring68.2m (223'9&quot;)Abeking & Rasmussen2020">Soaring</a> was delivered in 2020 and built to a design by <a data-gid="gid://syiq/Company/1042" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Focus Yacht Design (Company)">Focus Yacht Design</a>, which handled both her exterior and interior design. The superyacht has a sharp bow, powerful lines and features a light grey hull and white superstructure with an orange boot top stripe along her waterline. <img src="https://photo-assets.superyachttimes.com/photo/178480/image/large-1779067297cb08a630f3bdd214b41886.jpeg" data-gid="gid://syiq/Photo/178480"><img src="https://photo-assets.superyachttimes.com/photo/178479/image/large-608632fc326bac30738fe2a5f331c8bb.jpeg" data-gid="gid://syiq/Photo/178479"><img src="https://photo-assets.superyachttimes.com/photo/178481/image/large-83c5b5624ad0899660a51130c0803250.jpeg" data-gid="gid://syiq/Photo/178481">With 1,541 GT of interior volume and a six stateroom configuration, <a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Soaring68.2m (223'9&quot;)Abeking & Rasmussen2020">Soaring</a> can comfortably accommodate as many as 12 guests. She has a very generous owners’ suite that’s full-beam, forward-facing and complete with an office, a lounge, a private deck and an ensuite. Close to the owners’ suite is an impressive library that boasts astounding views. <img src="https://photo-assets.superyachttimes.com/photo/178477/image/large-37995258ccca7cecf8f6722549372c30.jpeg" data-gid="gid://syiq/Photo/178477"><img src="https://photo-assets.superyachttimes.com/photo/178471/image/large-5d5983a7e4c27b843ad4fc060f7f7d80.jpeg" data-gid="gid://syiq/Photo/178471"><img src="https://photo-assets.superyachttimes.com/photo/178470/image/large-c12d3188c18ad6c7b93f121a2ef6b3fa.jpeg" data-gid="gid://syiq/Photo/178470"><a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Soaring68.2m (223'9&quot;)Abeking & Rasmussen2020">Soaring’s</a> additional five staterooms are located on the main deck, offering guests additional separation from the service areas below, as well as beautiful sea views from every room. She can also host 17 crew.<img src="https://photo-assets.superyachttimes.com/photo/178563/image/large-c2d0cb3f9ccf613e4c36183e6cc978f1.jpeg" data-gid="gid://syiq/Photo/178563"><img src="https://photo-assets.superyachttimes.com/photo/178565/image/large-b41ce528caee3ab4f59a7a44125fce81.jpeg" data-gid="gid://syiq/Photo/178565">Read:&nbsp;<a data-gid="gid://syiq/Article/56309" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard Soaring: 68m Abeking & Rasmussen superyacht for sale with Ocean Independence (2022-11-09 11:45:00 +0100)">Onboard Soaring: 68m Abeking &amp; Rasmussen superyacht</a><a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> built her with impressive capabilities; <a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Soaring68.2m (223'9&quot;)Abeking & Rasmussen2020">Soaring</a> has a trans-Atlantic range of 5,000 nautical miles, with top speeds of 16 knots. She’s constructed with a steel hull, aluminium superstructure and 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. <img src="https://photo-assets.superyachttimes.com/photo/178558/image/large-09ab1b34dcceb956981615448e946fcb.jpeg" data-gid="gid://syiq/Photo/178558"><img src="https://photo-assets.superyachttimes.com/photo/178559/image/large-e30972182a2213e9aefe5795d6dab7a5.jpeg" data-gid="gid://syiq/Photo/178559"><img src="https://photo-assets.superyachttimes.com/photo/178556/image/large-678839019f622cdb86444eee98f99dc2.jpeg" data-gid="gid://syiq/Photo/178556"><a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Soaring68.2m (223'9&quot;)Abeking & Rasmussen2020">Soaring</a> was asking €88,000,000 at the time of her sale.<img src="https://photo-assets.superyachttimes.com/photo/178447/image/large-a2e4867ac2a291d18ebbb8332a53ba85.jpeg" data-gid="gid://syiq/Photo/178447">

68m Abeking & Rasmussen yacht Soaring sold

The 68m Abeking & Rasmussen superyacht Soaring sold with a last known asking price of €88,000,000. 

68m Abeking & Rasmussen superyacht Soaring sold

Massimo Perotti, CEO of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has announced that it will build a 50m superyacht equipped with hydrogen fuel cells that generates electricity from reformed methanol, that it will deliver in 2024, for his personal use.&nbsp;Perotti has purchased this first hydrogen-fuelled Sanlorenzo motor yacht to fund the development and test the technology before making it available for the company's clients. Perotti also stated that this will be the first 50-metre motor yacht built to be equipped with this technology.<img src="https://photo-assets.superyachttimes.com/photo/210712/image/large-9904e4ffdd6db13b7969d3a6e510dff3.jpg" data-gid="gid://syiq/Photo/210712"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has signed an exclusive agreement with <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens (Company)">Siemens Energy</a> for the joint development of solutions for integrating fuel cells in the 24-80m yachting sector. The agreement between <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens (Company)">Siemens Energy</a> will see a new generation diesel electric propulsion system for both yachts above 50-metres – a world’s first, if they meet the 2024 delivery date– and under the 50-metre mark.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/52383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: Is Hydrogen the transport fuel of the future? (2021-02-18 11:15:00 +0100)">Insight: Is Hydrogen the transport fuel of the future?</a>The innovative solution will allow <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> yachts equipped with the propulsion system to generate electricity when the generators and engines are switched off. This will extend the non-diesel consuming time at anchor and while manoeuvring. The company added that this “Net-zero GHG emission” system is compatible with the limited space available on board.” <img src="https://photo-assets.superyachttimes.com/photo/212641/image/large-30faab3da16654a6956d2ee9c43dc9f3.jpg" data-gid="gid://syiq/Photo/212641">The system will provide energy to power the hotel load and not the propulsion system. The reason being is that it is during the hotel time that a yacht is more inefficient regarding Co2 emissions.Read:&nbsp;<a data-gid="gid://syiq/Article/52745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen sells their first superyacht with fuel cell technology (2021-04-20 15:00:00 +0200)">Lürssen sells their first superyacht with fuel cell technology</a>We’re following this story closely, so more information will follow.&nbsp;

Sanlorenzo hydrogen fuel cells on 50m superyacht

Massimo Perotti announced a 50m superyacht equipped with hydrogen fuel cells that generates electricity from reformed methanol, in 2024. 

Breaking: Sanlorenzo to build 50m superyacht equipped with hydrogen fuel cells

Italy

Since 1958 the Sanlorenzo shipyards have been producing luxury motoryachts, the result of a combination of craftsmanship, design and advanced technologies, made-to-measure according to the owner’s specific requests. Under the direction of Mr. Massimo Perotti, Chairman and Chief Executive Officer Sanlorenzo, the shipyard has gone through a period of extraordinary growth, successfully implementing numerous and completely unprecedented concepts that have profoundly changed the yachting world in more than 60 years of its history. &nbsp;This unique, innovative approach has led the company to bond with the world of design and art: Sanlorenzo is global partner of Art Basel for the annual events in Hong Kong, Basel, Paris and Miami Beach. In this cross journey, the shipyard created Sanlorenzo Arts, an active and interactive channel for projects connected with these two worlds.&nbsp;In 2022 Sanlorenzo was also main sponsor of the Italian Pavilion at the 59th International Art Exhibition in Venice. Sanlorenzo also offers a range of after sales services – provided directly by the shipyard in its operating sites or by its Sanlorenzo Service Points worldwide – with the aim of taking care or renewing preowned yacht’s value and its timeless appeal.&nbsp;<iframe width="640" height="360" src="https://www.youtube.com/embed/N7a5U3fpMwc?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>