<a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> acquisition of <a data-gid="gid://syiq/Company/659" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chamberlain Yachts (Company)">Chamberlain Yachts</a> has not gone forward. Kent Chamberlain is stepping down from his management role at <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> and will continue to own and operate <a data-gid="gid://syiq/Company/659" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chamberlain Yachts (Company)">Chamberlain Yachts</a>. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/179338/image/large-b4ed280ee8814e9671efc309a4a4defd.jpg" data-gid="gid://syiq/Photo/179338">Read:&nbsp;<a data-gid="gid://syiq/Article/54795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates acquires Chamberlain Yachts (2022-03-18 08:45:00 +0100)">Merle Wood &amp; Associates acquires Chamberlain Yachts</a>Kent Chamberlain's current yacht listings will be joint central listings with <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a>.&nbsp;

Merle Wood acquisition of Chamberlain Yachts cancelled

Yachts at FLIBS 2020

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Merle Wood and Associates acquisition of Chamberlain Yachts has not gone forward.

Merle Wood & Associates’ acquisition of Chamberlain Yachts cancelled

In January, <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> announced that it had to enter a restructuring phase, stating that it had to transition from a 'founder-funded entity to an investor-funded one, led by experienced industry professionals." The company has now completed its restructuring, with German-American investor and <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> client Michael Said having acquired the shipyard out of administration to fund the construction of all in-build projects. <img src="https://photo-assets.superyachttimes.com/photo/308337/image/large-812058c3c2553e503fd4e90ebb28dd38.jpg" data-gid="gid://syiq/Photo/308337">The company has also put a new management team in place, led by the new CEO Fabrizio Iarrera, formerly of both <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> and Dolce Vita Yachts. Iarrera will run day-to-day operations with support from Michael Said and a board of shareholders. Steve Bell, a veteran manager from manufacturing businesses, has agreed to serve as Vice Chairman of this board and together, they will oversee the new business and assist the new management team to achieve growth.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/308325/image/large-34efb50e8a582c4756be751867e7f036.jpg" data-gid="gid://syiq/Photo/308325">New CEO Fabrizio Iarrera commented, "<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> is known and recognised throughout the yachting world for developing the technology to make electric catamarans a reality. There are costs associated with creating an entirely new market, and the original business fell prey to these, at a time when price inflation everywhere was spiralling out of control."<img src="https://photo-assets.superyachttimes.com/photo/308333/image/large-6e974e48db713ec1223b3e352e089d51.jpg" data-gid="gid://syiq/Photo/308333">Michael Said has acquired <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> through his acquisition firm Helios Yacht Investments GmbH and has taken control of all assets and intellectual property, including the yachts' design and the shipyard in Fano. Said's investment protected the companies 140 employees jobs and has enabled the yard to continue its production, with the company also announcing the launch of the first <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 62 catamaran. A further seven of the model are due to launch this year. <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> has also confirmed that it will launch the first 23.95-metre <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 80 model in 2025, the first of which were due for delivery this year.&nbsp;Iarrera added, "Our yacht owners are passionate about the brand and the yacht itself, as our very strong pipeline of orders shows. For Michael Said, it was an easy decision to invest in a restructured S<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">ilent Yachts</a>, and many of our other owners are just as keen. We know we have a job to do to rebuild the brand's reputation, but we've been thrilled by the positive reception we've had from those who have already put in orders."Over the coming two years, the focus of the yard will be to complete all projects currently under construction and will offer additional build slots of 2025 and 2026.

Silent Yachts new ownership

Silent Yachts announces new management and ownership.

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Silent Yachts announces new ownership and management

<a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Yacht Support (Company)">Fairport Yacht Support</a> and <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a> have announced a merger, under the new name of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>. This merger represents a strategic consolidation designed to enhance the scope and quality of yacht management services available to clients worldwide, setting a significant step towards global expansion.<img src="https://photo-assets.superyachttimes.com/photo/306693/image/large-f9290bfbff994de77942568c27418ac9.jpeg" data-gid="gid://syiq/Photo/306693">Angus Mackenzie, Managing Director of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> in the US expressed: “We’re delighted to announce the launch of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>." He further added: ”This logical strategic move will allow us to leverage international resources and establish a solid presence in new key markets worldwide. Our team is excited to bring our renowned services to customers across the globe and forge lasting relationships within the international yachting industry. Backed by <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, we're equipped with enhanced resources and financial stability, ensuring exceptional service worldwide.”<a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> features a combined workforce of over 50 professionals from both companies, managing a fleet exceeding 100 yachts. This consolidation not only positions <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> as a leading figure within the industry but also emphasises its commitment to providing customised technological solutions and top notch customer service.&nbsp;With this integration, <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> is equipped to offer its clientele comprehensive support in all major cruising destinations worldwide, leveraging local expertise, teams, and connections to meet and exceed client expectations.<img src="https://photo-assets.superyachttimes.com/photo/306695/image/large-823b2f83896347c1a53c0d9938d91ee6.jpeg" data-gid="gid://syiq/Photo/306695">"Teaming up with <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport</a> marks an incredible milestone for us at <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a>," states Lisa Martinez, Managing Director of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> in Europe. "Together, we're set to redefine global yacht management. I'm thrilled to be part of this exciting journey ahead."As part of their &nbsp;growth plans, <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> has been actively recruiting new team members in all their international offices. Notable recent appointments include the promotion of Nate Cook, now Head of Operations for <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> in the US.Moreover, with the promotions of Angus Mackenzie and Lisa Martinez to Managing Directors of their respective regions, the founders, Ben Young (former <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a>) and Graeme Lord (<a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Yacht Support</a>), will assume the roles of Chairman with a renewed focus on business development and industry relations.Ben Young MBE, Founder of <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a> commented: “I’m thrilled to be part of this ongoing success story and I’m proud to be at the helm of our growing operation in Europe.” Graeme Lord, Founder of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Yacht Support</a> added: “This combines the strengths of two organisations from different corners of the globe, enabling us to offer extraordinary worldwide services in the yacht management sector. Fairport has always stood for independence and transparency. Today, as <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>, we continue this legacy, solidifying our position as an industry leader. With our expanded reach, we're better positioned than ever to support clients across major cruising grounds. I'm proud to see <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> come to life and excited for the journey ahead."Overall, the merger benefits from the support and confidence of their shared parent company, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>. This affiliation with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> contributes additional resources and stability for <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>'s clientele, affirming the company's commitment to delivering superior service. Together with its group partners, including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and Newcoast Finance &amp; Insurance, <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> is poised to provide a comprehensive suite of offerings encompassing marina berths, crew recruitment, and insurance services, positioning the company to meet a wide range of client needs within the yachting industry.

Fairport Yacht Support and SYM merge to form Fairport Global

Fairport Yacht Support and SYM have announced a merger under the new name of Fairport Global.

Marina operator <a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex Marina Investors</a> has announced a merger with US-based marina management company <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar Marinas</a>. <img src="https://photo-assets.superyachttimes.com/photo/217363/image/large-c3e60455cc598fbc1049ebb9d57c4154.png" data-gid="gid://syiq/Photo/217363"><a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex Marinas</a> will join forces with <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar</a>’s owned marinas and management company <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar</a> Management to expand its reach in the US market. “The values at the heart of <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar Marinas</a> and their management team are also at the heart of our business practices here at <a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex</a>,” said Bryan Redmond, CEO, <a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex Marinas</a>.“This merger just solidifies what’s most important to both of our companies, and we’re so lucky to join forces with the leading west coast network of marinas who understand our vision and are dedicated to building it together.”Founded in 1974, <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar</a> is one of the largest operators of coastal marinas on the west coast of the United States. Their portfolio consists of eight owned marinas across California, located between Marina Del Rey and Oakland, and another nine marinas managed on behalf of third-party owners in California and Hawaii. <img src="https://photo-assets.superyachttimes.com/photo/217364/image/large-8d40486c5477e39ef1faeb209e66f75f.jpeg" data-gid="gid://syiq/Photo/217364">“Our philosophy at <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar</a> is that a marina is not just a place for a boat to berth,” explained Randy Short, CEO, <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar</a>.“<a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex</a> absolutely knows this and practices those philosophies every day, which is why we’re so delighted to be working together toward a future where we all have a chance to create a quality resort-like experience that is safe, clean, secure and friendly for our customers and our communities.”Read:&nbsp;<a data-gid="gid://syiq/Article/54532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Major shake-up announced as Suntex Marinas and Westrec Marinas merge (2022-02-03 14:15:00 +0100)">Major shake-up announced as Suntex Marinas and Westrec Marinas merge</a>The merger between <a data-gid="gid://syiq/Company/7592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almar Marinas (Company)">Almar Marinas</a> and <a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex</a> will include Marina Del Rey Marina in California, Peninsula Yacht Marina Bahia Marina and Westport Marina in Channel Islands Harbor, California and the management company.As well as this, four Oakland marina properties are expected within the next 60 days, subject to government approvals. The <a data-gid="gid://syiq/Company/6619" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suntex Marinas (Company)">Suntex</a> portfolio will now include marinas located in Arizona, California, Florida, Georgia, Illinois, Iowa, Kentucky, Maryland, Missouri, New Jersey, New York, Oklahoma, Texas, Tennessee and Virginia.

Suntex Marinas joins forces with Almar Marinas

Marina operator Suntex Marina Investors has announced a merger with US-based marina management company Almar Marinas. 

Suntex Marinas announces merger with Almar Marinas

Yacht management company <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a> has announced a strategic partnership with yacht finance company <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a>. The collaboration is set to bring financial and operational efficiency to the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/301125/image/large-24efc585149d8e440152c308a1c96849.png" data-gid="gid://syiq/Photo/301125">Headquartered in Singapore, <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a> delivers comprehensive yacht management software solutions. Their commitment to enhancing every aspect of yacht management aligns perfectly with <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a>’s expertise in tailored financial services for the marine sector."<a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a> is thrilled to partner with <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a>. Their deep understanding of the financial intricacies in the marine sector complements our technology-driven approach to yacht management,” explained Gerben Visser, CEO of <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a>.Based in London, with offices in Amsterdam and Fort Lauderdale, <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a> specialises in streamlining financial processes and providing payments and expense management solutions. Their expertise lies in handling complex financial needs for global businesses, which makes them an ideal partner for <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a>.<img src="https://photo-assets.superyachttimes.com/photo/301119/image/large-d17a659008e7ff85b67751caeaf6a2c6.png" data-gid="gid://syiq/Photo/301119">“I’m delighted to announce our new strategic partnership and API integration with <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a>,” added Jane Turner, CEO of <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a>. “<a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator</a> and <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a> share a belief in the critical importance of accurate, timely and available information for every yacht stakeholder – owner, management company, captain and crew, charter management and shipyards. Together, our businesses can streamline the flow of payments and financial data that lie at the heart of successful yacht operations.”Read:&nbsp;<a data-gid="gid://syiq/Article/56033" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip: A trusted, discreet and empowering payments partner (2022-09-28 15:45:00 +0200)">Centtrip: A trusted, discreet and empowering payments partner</a>The collaboration between <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a> and <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a> represents a significant leap forward in the yachting industry. By combining <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a>'s advanced yacht management software with <a data-gid="gid://syiq/Company/6626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centtrip (Company)">Centtrip</a>'s financial expertise, clients will experience a new level of convenience and control over their financial and operational activities.“This partnership is a game-changer for the industry, offering our clients a seamless integration of financial and operational management," concluded Gerben Visser, CEO of <a data-gid="gid://syiq/Company/6624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquator Marine (Company)">Aquator Marine</a>.

Aquator Marine announces partnership with Centtrip 

Yacht management company Aquator Marine has announced a strategic partnership with yacht finance company Centtrip.

Aquator Marine announces strategic partnership with Centtrip 

Italy-based <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a> has announced the acquisition of <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">Yachting Marine Service (YMS)</a> to further bolster its expansion in the USA. The acquisition marks another step in the company’s development and strengthening of its presence in the US market. <img src="https://photo-assets.superyachttimes.com/photo/300849/image/large-74d76a53ed51fc47ee5672c1a99dedc8.jpg" data-gid="gid://syiq/Photo/300849">Florida-based company <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">YMS</a> was founded more than 35 years ago and has grown to become a leading service centre for superyachts. <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">YMS</a> also provides unique services for key yachting brands and has previously worked with <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick USA</a> to provide scheduled maintenance and establish service contracts with American dealers and shipyards.“<a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">YMS</a> stands out for providing high-value services in the maritime sector," explained Lorenzo Turdo, Co-founder of <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">YMS</a>. “ The expertise of our highly trained technicians enables <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> to offer comprehensive and personalised support to customers.”<img src="https://photo-assets.superyachttimes.com/photo/293990/image/large-b901c2e605b311b5a7b7379bafa5344c.jpg" data-gid="gid://syiq/Photo/293990">“We are pleased to announce that Lorenzo Turdo, Co-founder of <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">YMS</a>, will be staying on as head of the service team, bringing an additional level of expertise and an invaluable contribution in delivering first-class technical support for our products,” added Marco Santoro, Managing Director of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick USA</a>.The acquisition of <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">YMS</a> marks an exciting start to 2024 for <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a>, following the acquisition of <a data-gid="gid://syiq/Company/7095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanguineti Chiavari (Company)">Sanguineti Chiavari</a>, Nemo Industrie, and Xenta Systems in 2023.Read:&nbsp;<a data-gid="gid://syiq/Article/59137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick Group announces acquisition of Nemo Industrie at METSTRADE 2023 (2023-11-17 17:15:00 +0100)">Quick Group announces acquisition of Nemo Industrie at METSTRADE 2023</a><img src="https://photo-assets.superyachttimes.com/photo/293991/image/large-d0952acdb8a620400ea6d01e7ada82cd.jpg" data-gid="gid://syiq/Photo/293991">“The acquisition of <a data-gid="gid://syiq/Company/7534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Marine Service (Company)">Yachting Marine Service</a> is a fantastic step forward for <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a>, not only in bolstering our presence in the US but also in developing a holistic end-to-end offering for customers by further building a comprehensive service component in our portfolio,” concluded Marco Santoro.

Quick Group acquires Florida service hub Yachting Marine Service

Quick Group has announced the acquisition of Yachting Marine Services (YMS) to further bolster its expansion in the USA.

Quick Group expands further in USA with acquisition of Yachting Marine Service

The <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">International Yacht Company</a> (<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>) has announced the acquisition of Greek Charter Management specialist company, <a data-gid="gid://syiq/Company/4463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtlove (Company)">Yachtlove</a>. This acquisition is set to further solidify <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>’s position in the luxury yacht market. <img src="https://photo-assets.superyachttimes.com/photo/299268/image/large-e0ecbf823433feafda80a9355d5c1378.png" data-gid="gid://syiq/Photo/299268">Xenia Tsipidou, founder of <a data-gid="gid://syiq/Company/4463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtlove (Company)">Yachtlove</a>, had previously been Head of Charter for seven continuous years at CAPE4 Yachting (now <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>) before establishing her own company. <a data-gid="gid://syiq/Company/4463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtlove (Company)">Yachtlove</a> provided luxury yacht charters in the Greek islands. <img src="https://photo-assets.superyachttimes.com/photo/245837/image/large-a3a9f76c40d53529fbfcd90f5871af0c.jpg" data-gid="gid://syiq/Photo/245837">Raphael Sauleau, CEO of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> commented, "With the addition of <a data-gid="gid://syiq/Company/4463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtlove (Company)">Yachtlove</a> to our family, we are thrilled to welcome Xenia and Vasiliki to our team of over 160 dedicated professionals worldwide. Their expertise and passion for yachting will undoubtedly enhance our capabilities and contribute to the continued success and growth of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>."

IYC announces acquisition of Yachtlove

The International Yacht Company (IYC) has announced the acquisition of Greek Charter Management specialist company, Yachtlove.

Over the past three years, the landscape of the Italian superyacht construction industry has undergone a profound transformation, catalysed by the global Covid-19 pandemic in 2020. The pandemic not only fuelled demand for Italian superyachts, with many ultra-high net worth individuals (UHNWIs) seeking an escape, but also exposed vulnerabilities in the supply chain. In response, major Italian superyacht builders have embraced a strategy of vertical integration since 2022, acquiring suppliers to fortify their supply chains and ensure uninterrupted production capacity.As of 11 January 2024, the key companies leading the Italian superyacht sector in terms of unit output are <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a>, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, out of the current 367 30-metre plus superyachts in-build, these four companies have a combined total of 243 superyachts in-build. This impressive figure represents around 66% of all yachts currently under construction in the Italian superyacht sector.<img src="https://photo-assets.superyachttimes.com/photo/298784/image/large-72edcf5b0f4ac812cda7ad817d6243a8.png" data-gid="gid://syiq/Photo/298784">Despite initial setbacks in 2020, the Italian superyacht sector exhibited a remarkable recovery, as evidenced by <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>'s data showing a significant increase in sales: 188 new yachts over 30-metres were sold in 2021, compared to just 67 in 2020. This surge in new build projects, particularly noted among leading shipyards, necessitated swift adaptations to the supply chain to meet the heightened demand attributed to the Covid-19 pandemic.<img src="https://photo-assets.superyachttimes.com/photo/298783/image/large-4c6dc274ecd7dfe671f3198fc2e02c3d.png" data-gid="gid://syiq/Photo/298783">Ferruccio Rossi, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo&nbsp;</a>General Manager and President of Superyacht division, confirms the impact Covid-19 had on the supply chain pointing out that: “Covid highlighted the vulnerability of global supply chains and at the same time generated a number of challenges, including reduced production capacities, instability in international transportation and limited availability of certain materials. Addressing these challenges has become crucial to ensure business continuity and meet market demand. The acquisition of companies in the supply chain was a strategic move to mitigate the negative impacts of the pandemic”. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/298557/image/large-f2e80e39108e4bea63e6898484232afb.jpeg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240112%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240112T161648Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=dd0d56e57c0682f0f023fb332293a3058804150152edbf6fb014ecc25041ab7e" data-gid="gid://syiq/Photo/298557">When elucidating the strategic implications of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s acquisitions, Rossi emphasises that these moves strengthened operational resilience by increasing control over key segments of the supply chain. Additionally, Rossi notes that increased vertical integration provides flexibility to adapt quickly to global changes and reduces dependence on external suppliers.&nbsp;In offering his perspective on this latest development in the Italian superyacht sector and its implications, Vincenzo Poerio, President of <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> Yachts, identifies two primary reasons. “First, <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/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti&nbsp;</a>and <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> are listed on the stock exchange, and publicly traded companies are under constant shareholder pressure to grow and to increase their overall size and revenue. Moreover, acquiring some of their suppliers has had a double advantage: first and foremost these firms have been able to push the firms that they acquired into producing mainly, or even exclusively for them. An effect of these acquisitions is that these firms have increased their production output. The second reason is that it was not easy to find suppliers during the pandemic, and large shipyards have chosen to buy them to guarantee a workforce in key activities and also prevent the suppliers from working for their competitors”. <img src="https://photo-assets.superyachttimes.com/photo/226017/image/large-b7a066e3157a0684982841a6f5d205e2.jpg" data-gid="gid://syiq/Photo/226017">Marco Arnaboldi CEO of <a data-gid="gid://syiq/Company/6700" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Centouno Navi (Company)">CENTOUNONAVI</a> posits a similar view point stating that: “I perceive it as a strategic necessity for companies to manage their suppliers actively, at times aiming to limit competitors rather than solely enhancing their own strength. In the current landscape, challenges persist in supply chains, including issues with sourcing building materials. Companies listed on the stock market engaging in acquisitions often experience an increase in their stock value, demonstrating the market's positive response to their strategic moves”.As for <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a> which remains the only private company of the top four firms, they have adopted a distinct strategy in their relationship with their suppliers. They have continued to work without acquiring their suppliers and continue to collaborate with their main suppliers. Being large firms, they provide large volumes of work to their suppliers, and this helps forge favourable long term agreements. According to Poerio, this option as ideal for private firms that don't pursue vertical growth through acquiring suppliers to demonstrate larger sales. <img src="https://photo-assets.superyachttimes.com/photo/113484/image/large-8103458f97b31a7c19645284bbcfbb8a.jpg" data-gid="gid://syiq/Photo/113484">Moreover, Poerio underscores the significance of cultivating robust and meaningful relationships between shipyards and suppliers. This emphasis is crucial not only to secure ongoing work for the suppliers, but also to ensure a continuous and seamless collaboration. “This is also important because a strong partnership means using the same skilled workforce and therefore improves the quality of the products. I am firmly convinced that the shipyard that acquires suppliers creates a challenging dynamic in the relationship. In fact, in order to produce good quality products, suppliers need to achieve maximum efficiency and quality of their products. If the owner becomes the main client, the supplier can be easily forced to do what the parent company requests. It can potentially become a conflictual and skewed relationship. When the supplier is owned by the client, it often results in an unnatural relationship. It is important to encourage suppliers to develop their own autonomy &nbsp;and ability to deal with the commercial side of the business".<img src="https://photo-assets.superyachttimes.com/photo/295946/image/large-5fbd2c3349d9f4d1ab09904a50efd24d.jpg" data-gid="gid://syiq/Photo/295946">In an article featured in <a href="https://www.superyachttimes.com/yacht-news/chris-bizzio-ceo-of-iacomelli" rel="noopener noreferrer" target="_blank" title="">Issue 3 of How To Build It</a>, Chris Bizzio, CEO of <a data-gid="gid://syiq/Company/7419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Iacomelli (Company)">Iacomelli</a>, puts forward a similar viewpoint on the potential long-term impact these series of acquisitions can have on the supplier-shipyard relationship. Bizzio, who took over the steel manufacturer in 2020, stands strong in the decision to remain independent, asserting that: “We strive to develop unique solutions that best answer our customers’ needs. I see that shipyards are taking over key suppliers, but after a while these suppliers stop innovating because they are absorbed by the 'system'. We are free to explore different aspects of our business and to find out-of-the-box solutions. Some may think the share of the pie is getting smaller, but when you’re able to find bespoke solutions for your customers, you have a new market open to you”.As for the ramifications on shipyards in Italy with a comparatively lower output, Poerio elucidates that shipyards are compelled to “collaborate with various suppliers or, even better, bring some aspects of the supply chain ‘in house’. Consequently, they face challenges such as higher energy bills, increased demands on space and facilities, the need for additional capital to invest in machinery, and expanded spatial requirements. Alternatively, another strategy also involves fostering improved relationships with firms operating in different sectors and persuading them to venture into the nautical sector”.<img src="https://photo-assets.superyachttimes.com/photo/298552/image/large-7852cafec36587fb5fa33772c6d2e93d.jpeg" data-gid="gid://syiq/Photo/298552">The question of whether the main shipyards will persist in acquiring suppliers remains uncertain, given that superyacht shipyards operate with a finite clientele and must consider sustainable growth. What is clear, however, is that these major shipyards have already achieved significant consolidation and are poised to maintain dominance in the superyacht output. It will be intriguing to observe how other shipyards in the Italian superyacht sector will respond to these acquisitions. <img src="https://photo-assets.superyachttimes.com/photo/265932/image/large-01b08e3d1324671c97486224c5953a4d.jpg" data-gid="gid://syiq/Photo/265932">List of recent acquisitions in the Italian Superyacht Sector in the past two years:&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo:</a>• 48% Stake in Metal Carpentry Firm <a data-gid="gid://syiq/Company/5083" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MEC-Carpensalda (Company)">Mec-Carpensalda</a> (11/04/22).• 66% Stake in Duerre Furnishings Company: Initial stake acquisition of 33% on 29/04/22; Expanded acquisition of another 33% on 02/05/23, showcasing a progressive investment in the furnishings sector.• 49% Stake in Seaenergy (28/03/23), a company specialising in electronics and electrical systems for the yachting sector.• 100% Stake/Ownership of Arbatax.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>:• Acquisition of Furniture Company <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">Celi</a> (18/04/23).<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>:• Acquisition of Masello, a company experienced in wooden furniture for yachts). •&nbsp;<a data-gid="gid://syiq/Company/7073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fratelli Canalicchio (Company)">Fratelli Canalicchio</a> (29/09/22), a company specialised in static exteriors and automatic kinetic systems for yachts.

Why are Italian shipyards acquiring supply chain companies?

Major Italian superyacht builders have embraced a strategy of vertical integration since 2022.

Florida-based superyacht services company <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has announced that it has entered a definitive agreement to acquire <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Tenders</a> USA. The acquisition is expected to close by 31 March 2024, and be accretive in its first full year of operations.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-ca20ccc1813073a1b2aa9dfbcd755ab5.jpg" data-gid="gid://syiq/Photo/265732"><a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Tenders</a> is a premier distributor and retailer for UK-based <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Jet Tenders</a> and specialises in the manufacturing of rigid inflatable jet tenders for the luxury yacht market.“<a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Tenders</a> USA complements our product and service offerings, enhancing the value we provide to yacht and superyacht customers,” stated Brett McGill, Chief Executive Officer and President of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>.“This transaction aligns with a key element of our growth strategy of acquiring high-quality businesses that expand our unique portfolio of assets, strengthen our margin profile, and deepen our relationships with customers across the recreational marine ecosystem.”<a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Tenders</a> offers a range of tenders in their showrooms, as well as across their network of 20 dealers in the United States and the Caribbean. The acquisition will build on the company’s success as a distributor in the US and Caribbean.“<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> is an outstanding organisation with a reputation for excellence. Their extensive resources and global network will enable us to further scale our independently run operations across North America,” Chris Rimmer stated. “As a result, <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Tenders</a> USA will be able to better serve our yacht customers and dealers and propel our business to a new level of growth.”

MarineMax to acquire Williams Tenders USA

MarineMax has announced that it has entered a definitive agreement to acquire Williams Tenders USA.

<a data-gid="gid://syiq/Company/5489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Premier Marinas Ltd (Company)">Premier Marinas</a> has announced the acquisition of the <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Wharf</a> site, including the Trafalgar Drystack, <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Shipyard</a>, and commercial properties in Portsmouth Harbour.<img src="https://photo-assets.superyachttimes.com/photo/294360/image/large-9e8744176107a116e0262608fee800db.jpg" data-gid="gid://syiq/Photo/294360">“The sale represents a strategic shift by the <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Group</a>, opening a new chapter not just for these facilities but for our entire group,” explained Jonny Boys, Managing Director of <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Group</a>.&nbsp;<a data-gid="gid://syiq/Company/5489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Premier Marinas Ltd (Company)">Premier Marinas</a>, renowned for their expertise in the marine sector, will continue to provide the high-quality services of <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Shipyard</a>, utilising their extensive experience from managing 10 marina sites across the South Coast.<img src="https://photo-assets.superyachttimes.com/photo/294359/image/large-91e1b094fbf43cdd3013b002e75af681.jpg" data-gid="gid://syiq/Photo/294359">The staff at the Drystack and <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Shipyard</a>, will be transferring to <a data-gid="gid://syiq/Company/5489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Premier Marinas Ltd (Company)">Premier Marinas</a>, but will remain at Trafalgar Wharf. “This ensures that the level of service and experience you're accustomed to will continue seamlessly,” added Jonny Boys.&nbsp;“We’ve developed Europe’s largest indoor dry stack and a successful commercial shipyard, creating a vibrant hub for both marine and non-marine businesses. This legacy of innovation and excellence is something we carry forward with pride.”

Premier Marinas acquires Trafalgar Wharf

Premier Marinas has announced the acquisition of the Trafalgar Wharf site and Shipyard in Portsmouth Harbour.

Premier Marinas acquires Trafalgar Wharf site in Portsmouth Harbour

<a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a> has announced the acquisition of Nemo Industrie at <a data-gid="gid://syiq/Event/184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2023">METSTRADE 2023</a>. Founded in 1969 in northern Italy, Nemo Industrie specialises in the production of nautical components.<img src="https://photo-assets.superyachttimes.com/photo/293990/image/large-b901c2e605b311b5a7b7379bafa5344c.jpg" data-gid="gid://syiq/Photo/293990">Over the years <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> has expanded, extending into the US in 2006, creating <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> USA Inc and in the UK in 2018. 2022 marked a significant milestone with the agreement with Fondo Italiano d'Investimento SGR and Armònia SGR to acquire a majority stake in <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Spa</a>, with the goal of increasing development opportunities with the launching of new 100 percent <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a>-made products.This year a programme is on track for implementation through a triple acquisition: obtaining 100 percent of Sanguineti Chiavari, a company in the Ligurian region which designs components for large pleasure boats; securing ownership of XENTA Systems which specialises in the development of control systems for yachts and acquiring Nemo Industrie, with expertise in producing components for motor and sailboats. An additional major acquisition is also expected in the spring of 2024.<img src="https://photo-assets.superyachttimes.com/photo/293991/image/large-d0952acdb8a620400ea6d01e7ada82cd.jpg" data-gid="gid://syiq/Photo/293991">2023 has also seen new additions to <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a> including Tommi Salonen, Chief Commercial Officer of Quick Group, Marco Rodi, Chief Operating Officer and Arco Santoro, Managing Director of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> USA, coming from Ferretti Group.The most recent acquisition is that of Nemo Industrie headquartered in Forlì. The company manages every aspect of its product manufacturing, design, material selection, production, assembly and quality control."This is another important acquisition announced just a few weeks after that of Xenta, which confirms the Group's proactive and dynamic core and represents a further step on the strategic path of increased superyacht coverage and strengthening the Group's perceived image," commented Chiara Marzucco, CMO of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a>.

Quick Group announces acquisition of Nemo Industrie at METS

Quick Group announced the acquisition of Nemo Industrie at METSTRADE 2023.

Quick Group announces acquisition of Nemo Industrie at METSTRADE 2023

Over the past decade, Turkey has emerged as an increasingly attractive location for 30-metres plus superyacht refits among owners worldwide. This surge in popularity can be attributed to a number of things, such as the cost-effectiveness of its refit works, facilitated by historically lower labour costs and favourable foreign currency exchange rates.Furthermore, the appeal of Turkey is heightened by the saturation of many European refit yards each season, coupled with ongoing developments in Turkey’s marina infrastructure and the growing allure of its coastline as a travel destination.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, there was a significant upswing in the number of 30-metres-plus yachts undergoing refits from 2017 to 2021, from 18 superyachts undergoing refits in 2017 to an impressive 78 in 2021.<img src="https://photo-assets.superyachttimes.com/photo/309766/image/large-3e0c00de0f58ad553ced3fd724d25575.jpg" data-gid="gid://syiq/Photo/309766"> <img src="https://photo-assets.superyachttimes.com/photo/309768/image/large-40133701a430c072aa2b45865b3425f2.jpg" data-gid="gid://syiq/Photo/309768">Burak Nergiz from <a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM</a> explained that the significant transformation observed in the Turkish refit sector over the past decade can be attributed to the development of refit infrastructure and a strategic shift in refit approach, enabling an increased capacity for yachts. Nergiz notes that “before 2010, many refit yards were part of shipyard manufacturers, and there was no dedicated company solely focused on refits until the establishment of <a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM</a>.” Moreover, in 2018, as evidence of the growing demand for refits, <a data-gid="gid://syiq/Company/2580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KRM Yacht Refit & Repair (Company)">KRM</a> expanded its capabilities by acquiring a 300-ton travel lift, thereby enhancing the capacity for refitting yachts up to 45-metres in size.<img src="https://photo-assets.superyachttimes.com/photo/290001/image/large-4b7e41140270bcdfb299e428802d1bd3.jpg" data-gid="gid://syiq/Photo/290001">Despite the growth up to 2021, the years 2022 and 2023, witnessed a reduction in refit activities within the Turkish superyacht market. Nevertheless, Turkey appears to have retained its substantial global market presence, constituting approximately 5% of the total number of vessels undergoing refit operations compared to 13% in France and 14% in Spain.The decrease in the number of yachts frequenting Turkey for refit can be attributed to a combination of reasons. These range from the deterioration of financial conditions in Turkey to a considerable increase in the number of superyachts undergoing refits in previous years, along with a rise in new-build projects that has resulted in a lack of space for new refit projects.<img src="https://photo-assets.superyachttimes.com/photo/289999/image/large-49c974f4ef421f68ce3035431b7181d5.jpg" data-gid="gid://syiq/Photo/289999">According to the Associated Press, the Turkish economy is grappling with a currency crisis and soaring inflation, significantly affecting labour wages and the prices of raw materials. Ersun Sengun founder of <a data-gid="gid://syiq/Company/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mono Yachting (Company)">Mono Yachting</a>, a full yacht services agency based in Bodrum, has undertaken numerous projects over the years and is currently working on the refit of the 49-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/2339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MMM49.0m (160'9&quot;)Amels1993">MMM</a>. He confirms the economic impact on the yacht sector, affirming: “due to inflation, the minimum salary for workers has increased unbelievably from 2,500 to 11,500 Lira in three years, and now we are expecting to see it rise to approximately 17,500 Lira this year, representing a substantial 600% increase from the initial 2,500 Lira.” This is noteworthy, as the cost of refitting a yacht 30-metres plus in Turkey has now become comparable to that in France, Italy, and Spain. Ersun highlights this shift by recounting a conversation with a superyacht captain who informed him, “the cost of the refit is now almost the same as Palma.” But despite the increase in price, the “captain was still adamant about carrying out the refit in Turkey due to our craftsmanship and attention to detail”. Ersun further emphasised that in Palma, “where many yachts are stacked on top of each other, there is a lack of focus and attention to detail, unlike the work carried out in Turkey.”<img src="https://photo-assets.superyachttimes.com/photo/289998/image/large-ee8dc32e950f13db1d1bf4a5f7ee566f.jpg" data-gid="gid://syiq/Photo/289998">Regarding the impact of inflation on the sector, Bogdan Gusarev, Sales Director at <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a>, notes, "Turkey has a different approach to inflation compared to people in Europe. While sudden inflation spikes of 10 percent may cause panic elsewhere, Turkey, being more accustomed to inflation has adapted to this economic reality and found effective coping mechanisms. This isn't a new challenge for them, having dealt with ongoing issues even before the impact of Covid. Consequently, this trend is likely to persist. I believe Europe is currently grappling with more severe challenges in terms of pricing and a shortage of skilled labour.”Aside from the economic impact on the Turkish refit market, another factor contributing to the decline in the number of refit projects is the upsurge in new-build yachts, leading to a shortage of available space for refit endeavours. Berkay Yilmaz, Commercial Director at <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> commented: “While we acknowledge the growing demand for new-builds, it's important to highlight that <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> is currently dedicated to the maintenance and refit of our existing projects, which encompasses both new builds and refit assignments. At present, we are unable to accept external refit projects”.<img src="https://photo-assets.superyachttimes.com/photo/289997/image/large-ce2eb361eb72d5bfe3360e04f2dec97c.jpg" data-gid="gid://syiq/Photo/289997">Moreover, Aleksandra Podlipna, Megayacht Technical Manager of <a data-gid="gid://syiq/Company/5160" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="West Istanbul Marina (Company)">West Istanbul Marina</a>, who is working on the refit project of a 67-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, further confirms this stating that: “<a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a> expanded the size of their vessels. Previously, they constructed yachts ranging from 35 to 50 metres, but now they are working on yachts as large as 80-metres. As a result, their facilities are occupied with new building projects. Moreover, this trend is also evident with <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a>, as they have also increased the size of their in-build yachts. This heightened demand has created constraints on both manpower and facility space for other refit projects”.An analysis of <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>'s data on the number of new yacht sales further substantiates Ersun’s and Podlipna’s observations, revealing a notable increase in new-build projects within the region. In 2023 there were 21 new yacht sales and 30 in 2022, a substantial rise from 16 in 2020.Furthermore, Bogdan provided insight, stating, ”I can confirm that major projects are currently underway in Turkey, not merely in the conceptual phase but in the construction stage. These projects surpass the 30-metre range. Specifically, I'm monitoring numerous developments within the Antalya Free Zone, where multiple projects of 40-metres plus are actively under construction.”<img src="https://photo-assets.superyachttimes.com/photo/289995/image/large-f81ff82958c786d1d9aff2945420fd38.jpg" data-gid="gid://syiq/Photo/289995">Oguz Bilgin, sales manager at TransDiesel, a company that distributes John Deere Power Systems in Turkey, highlighted an interesting development, where many commercial shipyards are transitioning into the superyacht sector, particularly in the refit aspect. He highlighted that Tersan Shipyard has opened a superyacht refit division called <a data-gid="gid://syiq/Company/7461" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tersan Marine (Company)">Tersan Marine</a>, with a large refit area in development covering a total of 200,000 square-metres in Oren, Turkey. After a brief conversation with Fatih Çelik, the Refit and Boatyard Manager Of <a data-gid="gid://syiq/Company/7461" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tersan Marine (Company)">Tersan Marine</a> confirmed this development and affirmed that <a data-gid="gid://syiq/Company/7461" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tersan Marine (Company)">Tersan Marine</a>’s facilities in Oren aims to make standard maintenance and refit works for superyachts. Whilst the work is still in progress, the facility recently unveiled an 820-ton travel lift and can accommodate superyachts up to 65-metres in the drydock area. The establishment of this facility, in cooperation with the Turkish government has created a refit ecosystem, attracting various nautical supply chain companies to the area.Regarding the future impact on the Turkish refit market and the Turkish superyacht sector as a whole, Bogdan highlighted that there are challenges with many skilled labourers moving to Europe or other destinations due to uncertainties. However, he acknowledges that this is a temporary period. “It is now imperative for companies to provide incentives to retain qualified personnel''. Despite economic deterioration and focus on large new-build projects, there are further positive signs of the Turkish refit market as seen with the development of refit infrastructure capable of carrying out multiple refit projects simultaneously. <img src="https://photo-assets.superyachttimes.com/photo/309769/image/large-3d5cf723171be50b03110798133585d8.jpeg" data-gid="gid://syiq/Photo/309769">

Turkey's rising yacht refit market

Turkey has long been fighting for its position as a refit destination, but has the time now come for the region? Enrico Chhibber finds out more. 

Turkey’s turn? Investigating the rising Turkish refit market

The 42-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> superyacht <a data-gid="gid://syiq/Yacht/7410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sangha42.0m (137'10&quot;)Custom Line2020">Sangha</a> has been sold, with Edward Dickinson of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> introducing the buyer, and Ben Ritchie of <a data-gid="gid://syiq/Company/259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y.CO (Company)">Y.CO</a> and James Auld of <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/293242/image/large-40bac259fe9e0404ef330ca586f1aa85.png" data-gid="gid://syiq/Photo/293242"><img src="https://photo-assets.superyachttimes.com/photo/169210/image/large-36bf5f9f0ac032c92c76439a94ceec03.jpg" data-gid="gid://syiq/Photo/169210">Delivered in 2020 by <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> as part of their <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 42 series, the motor yacht features an exterior and interior design both created 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>, as well as naval architecture conceived in-house by her Italy-based builder. <img src="https://photo-assets.superyachttimes.com/photo/169209/image/large-6503482455b431caab28e0b71c235bfd.jpg" data-gid="gid://syiq/Photo/169209"><img src="https://photo-assets.superyachttimes.com/photo/169207/image/large-ec36ace6de17da814fe35930654c70fc.jpg" data-gid="gid://syiq/Photo/169207">Across a 348 GT volume, <a data-gid="gid://syiq/Yacht/7410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sangha42.0m (137'10&quot;)Custom Line2020">Sangha</a> can accommodate as many as 11 guests onboard, while separate accommodation is available for up to eight crew members, including her captain. <img src="https://photo-assets.superyachttimes.com/photo/169205/image/large-0ccadf81bcb68e5dcff7fe6f65da6b65.jpg" data-gid="gid://syiq/Photo/169205"><img src="https://photo-assets.superyachttimes.com/photo/169204/image/large-7566b9ad27e25bcda0b41a6b0e9befb5.jpg" data-gid="gid://syiq/Photo/169204">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, she can reach a cruising speed of 10 knots alongside a top speed of 16.8 knots, over the course of a 3,000 nautical mile range. At the time of her sale, <a data-gid="gid://syiq/Yacht/7410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sangha42.0m (137'10&quot;)Custom Line2020">Sangha</a>’s last known asking price was €18,000,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/169201/image/large-e7ac343f05d01032d559f80d0468e8ac.jpg" data-gid="gid://syiq/Photo/169201"><img src="https://photo-assets.superyachttimes.com/photo/169201/image/large-e7ac343f05d01032d559f80d0468e8ac.jpg" data-gid="gid://syiq/Photo/169201"><img src="https://photo-assets.superyachttimes.com/photo/169195/image/large-78581f7aaaabcfb1d4348ef0b00642d4.jpg" data-gid="gid://syiq/Photo/169195">

42m Custom Line yacht Sangha sold

The 42m Custom Line superyacht Sangha sold with Northrop & Johnson introducing the buyer, and Y.CO and SuperYachtsMonaco representing the seller.


42m Custom Line superyacht Sangha sold

The 23.75-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> motor yacht <a data-gid="gid://syiq/Yacht/13420" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Radkat23.75m (77'11&quot;)Sanlorenzo2023">Radkat</a> sold with Hans Van Doornmalen and Charles Crane of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/296646/image/large-acfdd52bd0cf262dd00011fdb38adef7.jpg" data-gid="gid://syiq/Photo/296646">Delivered in 2023 by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, the motor yacht features an exterior design, interior design, and naval architecture all created in-house by her Italy-based shipyard.<img src="https://photo-assets.superyachttimes.com/photo/296641/image/large-90ecac68acd448cd746bae404e1656d1.jpg" data-gid="gid://syiq/Photo/296641"><img src="https://photo-assets.superyachttimes.com/photo/296640/image/large-8235b550d209a4996c5df887de48f05e.jpg" data-gid="gid://syiq/Photo/296640">With a volume of 70 GT, a beam of 6.6-metres, and a shallow draft of 1.65-metres, the yacht is capable of hosting as many as eight guests onboard, thanks to a luxurious four stateroom layout.<img src="https://photo-assets.superyachttimes.com/photo/296638/image/large-6722e14432cbe4e30e8e27a9f60ca5c4.jpg" data-gid="gid://syiq/Photo/296638"><img src="https://photo-assets.superyachttimes.com/photo/296634/image/large-077ee16a6da84407890a35344c06abd6.jpg" data-gid="gid://syiq/Photo/296634">Meanwhile, additional accommodation is also available for up to crew members, including her captain, in the form of one crew cabin.<img src="https://photo-assets.superyachttimes.com/photo/296615/image/large-8f24bd954165fa319fb5cbad628893a5.jpg" data-gid="gid://syiq/Photo/296615"><img src="https://photo-assets.superyachttimes.com/photo/296624/image/large-07b0b7df0c3932cebf1f1950f7eb678b.jpg" data-gid="gid://syiq/Photo/296624">In terms of her performance, <a data-gid="gid://syiq/Yacht/13420" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Radkat23.75m (77'11&quot;)Sanlorenzo2023">Radkat</a>, which is composed of a GRP hull and superstructure, is powered by twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines that can reach a cruising speed of 18 knots alongside a swift top speed of 22 knots. <img src="https://photo-assets.superyachttimes.com/photo/296608/image/large-1eca88e1db6fab059d359a3dcbf4bec7.jpg" data-gid="gid://syiq/Photo/296608"><img src="https://photo-assets.superyachttimes.com/photo/296609/image/large-1f32f5f52b8a1c2525f60259218bf757.jpg" data-gid="gid://syiq/Photo/296609">At the time of her sale, <a data-gid="gid://syiq/Yacht/13420" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Radkat23.75m (77'11&quot;)Sanlorenzo2023">Radkat</a>’s last known asking price was €5,950,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/296644/image/large-86765749062881ebadb8d9b96fd4b2bd.jpg" data-gid="gid://syiq/Photo/296644">

24m Sanlorenzo yacht Radkat sold

The 23.75-metre Sanlorenzo motor yacht Radkat sold with Hans Van Doornmalen and Charles Crane of Edmiston representing the seller. 



24m Sanlorenzo motor yacht Radkat sold

Construction of the pink-coloured 23.99-metre <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a> 80 Custom sailing yacht is nearing completion at the <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic Yachts</a> yard based in Jakobstad, Finland.<img src="https://photo-assets.superyachttimes.com/photo/297874/image/large-50337c827305478bac070963c1c21b9e.jpg" data-gid="gid://syiq/Photo/297874">Due to be launched in early summer this year, this high-speed offshore cruiser yacht features interiors created by Jens Paulus and <a data-gid="gid://syiq/Company/1350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axel Vervoordt (Company)">Axel Vervoordt</a>, an exterior design courtesy of <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel/vrolijk &amp; co&nbsp;</a>and Jens Paulus, while her naval architecture is penned by <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel/vrolijk &amp; co</a>.With a beam of 6.27-metres, the sailing yacht is capable of hosting up to six guests across a well-distributed three stateroom layout, while additional accommodation is provided for two crew members in one crew cabin. <img src="https://photo-assets.superyachttimes.com/photo/309771/image/large-60eb82ae696443e252af567159d28643.jpg" data-gid="gid://syiq/Photo/309771">“Space is a very important consideration on this boat,” states Lars Gripenberg, <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic Yachts</a>’ project manager for this yacht. “The sailplan is a full double setup for cruising and racing. The layout is very versatile and will work well when sailing offshore. She will be remarkably fast under sail and will look stunning on the water. She might be seen cruising in northern Europe before she heads south towards the Mediterranean.”<img src="https://photo-assets.superyachttimes.com/photo/297939/image/large-ebd9c75f9406f7eec64c74d53bfd7a87.jpg" data-gid="gid://syiq/Photo/297939">The yacht’s exterior profile sports a fresh paint job in a distinctive shade of old rosé paired with a black rig, while her interior living spaces exhibit raw carbon details throughout, as well as a sleek timber finish on staterooms doors and sole boards.<img src="https://photo-assets.superyachttimes.com/photo/297876/image/large-6762295b65d3b5b5a3b3d7aa34d1cdae.jpg" data-gid="gid://syiq/Photo/297876">A full-beam master suite can be found in the forward section of the hull, and two remaining guest staterooms forward of the mast contain a spacious double bed and a bunk bed.<img src="https://photo-assets.superyachttimes.com/photo/309774/image/large-86523f3e5407553122b6ff6b18150d46.jpg" data-gid="gid://syiq/Photo/309774">“Initially the concept was developed by extensive CFD and rating studies with a strong focus on racing performance,’ comments naval architect Rolf Vrolijk. “With the involvement of the actual customer, cruising and living features gained more importance. We decided to keep the wide hull lines generating high stability for both purposes, powerful racing and comfortable cruising. The deck freeboard was pushed as low as possible to just suit the interior demands – sleek look and better vertical centre of gravity.”<img src="https://photo-assets.superyachttimes.com/photo/309772/image/large-65d7d073696c00bdefe6635903087ad4.jpg" data-gid="gid://syiq/Photo/309772">The sailing yacht’s mast, furling boom and rigging are all constructed of carbon, while the hydraulic under-deck furler is suitable to support both racing and cruising headsails.&nbsp;In terms of propulsion, she is powered by a diesel engine, which has a second alternator especially for battery charging in addition to the main generator. <img src="https://photo-assets.superyachttimes.com/photo/298037/image/large-8cfb37edd89c2a4192b843325058d444.jpg" data-gid="gid://syiq/Photo/298037">

24m Baltic 80 Custom yacht nears completion

Construction of the 23.99-metre Baltic 80 Custom sailing yacht is nearing completion at the Baltic Yachts shipyard based in Jakobstad, Finland.   



24m Baltic 80 Custom sailing yacht nears completion

The sixth 36.3-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> Martinique motor yacht <a data-gid="gid://syiq/Yacht/12254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshine36.3m (119'1&quot;)Moonen Yachts2024">Moonshine</a> has been launched at the <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>’ shipyard in the Netherlands.<img src="https://photo-assets.superyachttimes.com/photo/309783/image/large-b9c21e89921a69bc4f295721a3e78391.jpg" data-gid="gid://syiq/Photo/309783">Due to be delivered before the summer season kicks off, <a data-gid="gid://syiq/Yacht/12254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshine36.3m (119'1&quot;)Moonen Yachts2024">Moonshine</a> will spend this year cruising the Mediterranean and Caribbean before she arrives at her owner’s home in San Diego, California.<img src="https://photo-assets.superyachttimes.com/photo/309781/image/large-ea4d84d06dc91a59a619ffb9f7efd8ee.jpg" data-gid="gid://syiq/Photo/309781"><img src="https://photo-assets.superyachttimes.com/photo/309782/image/large-28589df087e4c080cbf9b46a594932c0.jpg" data-gid="gid://syiq/Photo/309782">As part of her builder’s fast displacement steel hull design series <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> Martinique, the yacht features a bespoke interior design with a vibrant, distinctive decor, which was penned in collaboration with the Netherlands-based <a data-gid="gid://syiq/Company/6871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hollander Yacht Design (Company)">Hollander Yacht Design</a> team. <img src="https://photo-assets.superyachttimes.com/photo/309778/image/large-dcca69c58fb06aca887f01595101f1c5.jpg" data-gid="gid://syiq/Photo/309778"><img src="https://photo-assets.superyachttimes.com/photo/309776/image/large-b55cb9fb85323590020f3c2442870c24.jpg" data-gid="gid://syiq/Photo/309776">Furthermore, her exterior design is conceived by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a>, and her naval architecture is courtesy of <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design (Company)">Diana Yacht Design</a>.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/309786/image/large-b8bbeca71f14c6af4f409968ecd61ab0.jpg" data-gid="gid://syiq/Photo/309786">As many as 12 guests can be accommodated onboard <a data-gid="gid://syiq/Yacht/12254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshine36.3m (119'1&quot;)Moonen Yachts2024">Moonshine</a> thanks to her five stateroom layout, while additional accommodation is also provided for up to seven crew members. <img src="https://photo-assets.superyachttimes.com/photo/309785/image/large-cd7b40078a724181bfd41d5c57143e26.jpg" data-gid="gid://syiq/Photo/309785">In terms of her performance, the yacht, which is composed of a steel hull and aluminium superstructure, 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 that can reach a cruising speed of 14.5 knots and a top speed of 17 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/309777/image/large-aa39f8a89069ae2ec7222fd8192131ec.jpg" data-gid="gid://syiq/Photo/309777">

 Sixth Moonen Martinique yacht Moonshine launched 

The sixth 36.3-metre Moonen Martinique motor yacht Moonshine has been launched at the Moonen Yachts’ shipyard in the Netherlands. 



Sixth 36m Moonen Martinique motor yacht Moonshine launched 

The 27.3-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> motor yacht <a data-gid="gid://syiq/Yacht/6734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Impetuous25.75m (84'6&quot;)Moonen Yachts2002">Impetuous</a> has been sold, with broker <a data-gid="gid://syiq/Company/1098" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bart de Ven (Company)">Bart de Van</a> representing the buyer and Yannis Mitsopoulos of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/192695/image/large-5459d9e75ac1f25341948e97007f7158.jpg" data-gid="gid://syiq/Photo/192695">The motor yacht, which was extended to her current length during a refit in 2020, features an exterior design from <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a>, with interiors from her builder <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> and naval architecture from <a data-gid="gid://syiq/Company/240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marimecs BV (Company)">Marimecs BV</a>.<img src="https://photo-assets.superyachttimes.com/photo/192653/image/large-b7b27410c13f6c978f284d259626efae.jpg" data-gid="gid://syiq/Photo/192653"><img src="https://photo-assets.superyachttimes.com/photo/192654/image/large-62ce0ae465d959507d953326c391b576.jpg" data-gid="gid://syiq/Photo/192654"><a data-gid="gid://syiq/Yacht/6734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Impetuous25.75m (84'6&quot;)Moonen Yachts2002">Impetuous</a> can accommodate as many as eight guests between four staterooms, in addition to a crew of three including her captain. The 115 GT motor yacht has a comfortable main saloon with a lounge area to port and a dining area to starboard. Her interiors are traditional in styling, with dark gloss wood and cream and blue furnishings. <img src="https://photo-assets.superyachttimes.com/photo/192658/image/large-35a81cf4592e6066b95b8171af61b23d.jpg" data-gid="gid://syiq/Photo/192658"><img src="https://photo-assets.superyachttimes.com/photo/192659/image/large-6cdd1a1cd0c92c5a5c79f36db3cce2d6.jpg" data-gid="gid://syiq/Photo/192659"><img src="https://photo-assets.superyachttimes.com/photo/192660/image/large-1e5ac1cca0e431925a001086f0514f70.jpg" data-gid="gid://syiq/Photo/192660">The yacht's staterooms are situated on the lower deck, with a double cabin located to the fore and an owner's suite with office area amidships. On deck the yacht features a flybridge with lounge, dining area, helm station and bar, there are also sunpads on the foredeck<img src="https://photo-assets.superyachttimes.com/photo/192666/image/large-98be94ca589cff49abc3ed7ee96ce22c.jpg" data-gid="gid://syiq/Photo/192666">Impetuous 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 which give her a top speed of 12.5 knots and a cruising speed of 10 knots. The yacht had a last known asking price of €2,395,000.

Moonen yacht Impetuous sold

27m Moonen motor yacht Impetuous sold by Ocean Independence brokers.

Moonen 27m motor yacht Impetuous sold

The 52-metre <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> sportfisher superyacht Project 406 has been named <a data-gid="gid://syiq/Yacht/10627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Special One52.0m (170'7&quot;)Royal Huisman2024">Special One</a> in an unveiling ahead of her sea trials this morning.<img src="https://photo-assets.superyachttimes.com/photo/309794/image/large-69bca1261eec8c4d3d54306d6a75e1d4.jpg" data-gid="gid://syiq/Photo/309794"><img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/309796/image/large-fb5955ee31ea0a2ba27434cfb0aac6c7.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240426%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240426T132308Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=fce2d240bdb93387d528641ad24f97374c0ca13de5eadb85440305769465813b" data-gid="gid://syiq/Photo/309796">With a delivery date of 2024, the motor yacht features an exterior design, interior design, and naval architecture all courtesy of the Netherlands-based studio <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>. The superyacht was launched earlier this year and has since been undergoing outfitting at the Dutch shipyard.<img src="https://photo-assets.superyachttimes.com/photo/309795/image/large-502d838b06a956ec744697ee4ade1617.jpg" data-gid="gid://syiq/Photo/309795"><img src="https://photo-assets.superyachttimes.com/photo/309793/image/large-d942cc388cac5dca95fb57de14682229.jpg" data-gid="gid://syiq/Photo/309793">Moreover, the sport fisherman yacht has a volume of 499 GT as well as a 9.8-metre beam. Additionally, the yacht <a data-gid="gid://syiq/Yacht/10627" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Special One52.0m (170'7&quot;)Royal Huisman2024">Special One</a> is composed of an aluminium hull and aluminium superstructure. She is the largest specialist sportfisher superyacht ever built.<img src="https://photo-assets.superyachttimes.com/photo/309790/image/large-e264358acd9575d58dfc3e63b70303ee.jpg" data-gid="gid://syiq/Photo/309790"><img src="https://photo-assets.superyachttimes.com/photo/309788/image/large-592e95e1d8742690def54c1655ea20ab.jpg" data-gid="gid://syiq/Photo/309788"> <iframe width="640" height="360" src="https://www.youtube.com/embed/cm2WfGM96ME?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>

52m Royal Huisman yacht Special One on sea trials

The 52m Royal Huisman sportfisher yacht Special One, previously named Project 406, has been spotted on her sea trials. 


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Royal Huisman 52m sportfisher yacht named Special One

The 22.76-metre motor yacht <a data-gid="gid://syiq/Yacht/12710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon FD80/1224.56m (80'7&quot;)Horizon Yachts2024">Horizon FD80/12</a> has been launched by her Taiwan-based builder as the twelfth addition to their <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon</a> FD80 series.<img src="https://photo-assets.superyachttimes.com/photo/309739/image/large-655d9519a5790ceaf9dfae9660b847e2.jpg" data-gid="gid://syiq/Photo/309739">This flybridge yacht, which has a beam of 6.86-metres, features an extensive use of glass windows throughout her exterior design, particularly around the main deck, ensuring that living spaces are bathed in natural light while also allowing views of the surrounding waterscape.<img src="https://photo-assets.superyachttimes.com/photo/309744/image/large-2c99d96619ab9e655271930515fd53c2.jpg" data-gid="gid://syiq/Photo/309744">Accommodation-wise, the yacht is able to sleep up to eight guests across a lavish four stateroom configuration, including an exclusive on-deck master stateroom and four staterooms located on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/309756/image/large-9ab96c7f5c472edd3ae6e36f180da8af.jpg" data-gid="gid://syiq/Photo/309756"><img src="https://photo-assets.superyachttimes.com/photo/309755/image/large-108069a31b89d3e0d28670cd883a4170.jpg" data-gid="gid://syiq/Photo/309755">Additionally, the main deck boasts a generously proportioned aft deck complete with a dining table and walk-around side decks for open-air entertainment, socialising, and delectable alfresco dining.<img src="https://photo-assets.superyachttimes.com/photo/309747/image/large-3da8c55dd5a99276de5a3b525a807875.jpg" data-gid="gid://syiq/Photo/309747">Further invigorating outdoor entertainment is possible thanks to the deck’s ability to house a 4.57-metre tender for water-based activity, as well as the presence of a seven-seat beer bar.<img src="https://photo-assets.superyachttimes.com/photo/309742/image/large-cf0e6aa54244329a6c7caf0082beb780.jpg" data-gid="gid://syiq/Photo/309742">The yacht’s interior design, which was penned in-house by <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon Yachts</a>, makes use of luxurious dark koto wood throughout, combined with juxtaposing colours and textures that give her indoor living areas a harmonious yet distinctive quality. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/309748/image/large-e43fc57786a720214ec1c54992f59d24.jpg" data-gid="gid://syiq/Photo/309748"><img src="https://photo-assets.superyachttimes.com/photo/309749/image/large-fe947f77cadb8040061edd4071f752bf.jpg" data-gid="gid://syiq/Photo/309749">Echoing the same “minimalist chic” design as the full-beam master suite, the yacht <a data-gid="gid://syiq/Yacht/12710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon FD80/1224.56m (80'7&quot;)Horizon Yachts2024">Horizon FD80/12</a>'s saloon contains modern line work and a batten roof with black grooves, along with dual-purpose dining tables that allow guests to fashion the layout to their liking. <img src="https://photo-assets.superyachttimes.com/photo/309750/image/large-26634fa6c1708b0c2b4d5014c26630d4.jpg" data-gid="gid://syiq/Photo/309750">Moreover, the motor yacht perfectly lends itself to bridge cruising due to a hydraulic folding radar mast design. A one-ton helicopter landing is also possible with the ceiling plan, providing guests with a simultaneously refined and flexible vessel for blue water expeditions.<img src="https://photo-assets.superyachttimes.com/photo/309738/image/large-6152fedaf453a8684052d4fbc0a240e9.jpg" data-gid="gid://syiq/Photo/309738">

Twelfth 23m Horizon FD80 motor yacht launched 

The 22.76-metre Horizon FD80 motor yacht has been launched by her Taiwan-based builder as the twelfth addition to their Horizon FD80 series. 


Horizon Yachts launches twelfth 23m FD80 motor yacht

The 55.7-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> sailing yacht <a data-gid="gid://syiq/Yacht/1820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burrasca55.7m (182'9&quot;)Perini Navi2003">Burrasca</a> sold in-house with Nizar Tagi of <a data-gid="gid://syiq/Company/6991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MYR Family Office (Company)">MYR Family Office</a> representing both the buyer and seller.<img src="https://photo-assets.superyachttimes.com/photo/185352/image/large-f29bd726321440a7fcba4464040ce15f.jpg" data-gid="gid://syiq/Photo/185352">Delivered in 2003 by her Italy-based shipyard, the sailing yacht features an exterior and interior design both penned in-house by <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>, while her naval architecture stems from the drawing boards of <a data-gid="gid://syiq/Company/52" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ron Holland Design (Company)">Ron Holland Design</a>. <img src="https://photo-assets.superyachttimes.com/photo/185463/image/large-45e30165f0285a4515401ed5c67c80d2.jpg" data-gid="gid://syiq/Photo/185463"><img src="https://photo-assets.superyachttimes.com/photo/185472/image/large-58c72ba9c9c70102ba19d85491a37987.jpg" data-gid="gid://syiq/Photo/185472">With a volume of 497 GT, <a data-gid="gid://syiq/Yacht/1820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burrasca55.7m (182'9&quot;)Perini Navi2003">Burrasca</a> is capable of hosting up to 12 guests onboard across a five stateroom layout. Separate accommodation is also provided for as many as nine crew members, including her captain. <img src="https://photo-assets.superyachttimes.com/photo/185474/image/large-3adae5d7cfa7740e0aea991498ab9ea7.jpg" data-gid="gid://syiq/Photo/185474"><img src="https://photo-assets.superyachttimes.com/photo/185469/image/large-1cc9e6224eac46f86028b3dd29da3cb1.jpg" data-gid="gid://syiq/Photo/185469">In terms of her performance, the yacht is powered by twin <a data-gid="gid://syiq/Company/1448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Deutz AG (Company)">Deutz AG</a> engines that propel her to a cruising speed of 13 knots along with a top speed of 15 knots. Furthermore, the vessel is composed of an aluminium hull and superstructure.<img src="https://photo-assets.superyachttimes.com/photo/185457/image/large-c6606e0956e87b1bb5b7f92ffc98481b.jpg" data-gid="gid://syiq/Photo/185457"><img src="https://photo-assets.superyachttimes.com/photo/185476/image/large-6a801eb3d3cf986af3920ef0e4c4245f.jpg" data-gid="gid://syiq/Photo/185476">At the time of her sale, <a data-gid="gid://syiq/Yacht/1820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burrasca55.7m (182'9&quot;)Perini Navi2003">Burrasca</a>’s last known asking price was €15,000,000.<img src="https://photo-assets.superyachttimes.com/photo/185345/image/large-0717e133022a98b49dd570556ae9593d.jpg" data-gid="gid://syiq/Photo/185345"><img src="https://photo-assets.superyachttimes.com/photo/185342/image/large-283163404cf0140a9af354623b159afa.jpg" data-gid="gid://syiq/Photo/185342">

56m Perini Navi sailing yacht Burrasca sold

The 55.7-metre Perini Navi sailing yacht Burrasca sold in-house with Nizar Tagi of MYR Family Office representing both the buyer and seller. 


56m Perini Navi superyacht Burrasca sold

The 50-metre <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> superyacht <a data-gid="gid://syiq/Yacht/5911" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neenah49.94m (163'10&quot;)Westport Yachts2020">Neenah</a> is on the market with Andrew Miles of <a data-gid="gid://syiq/Company/5699" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miles Yacht Group (Company)">Miles Yacht Group</a>. <img src="https://photo-assets.superyachttimes.com/photo/308142/image/large-79d77589c7e1c4e9407416803902efe1.jpg" data-gid="gid://syiq/Photo/308142">Delivered by <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> in 2020 as part of their <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> 164 line, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features an exterior and interior design both penned by <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey Designs</a>, while her naval architecture was produced in-house by her US-based builder.<img src="https://photo-assets.superyachttimes.com/photo/309142/image/large-b8dc5854940f65b85089e5db4fa4a7fd.jpg" data-gid="gid://syiq/Photo/309142">Across a volume of 496 GT, she is capable of accommodating as many as 12 guests onboard across a well-appointed six stateroom configuration, while additional living quarters are available for up to 11 crew members.<img src="https://photo-assets.superyachttimes.com/photo/309146/image/large-b40c5ea8f0ef65121e8b70ea0391207c.jpg" data-gid="gid://syiq/Photo/309146">With a recently developed, advanced GRP hull design, the semi-displacement composite yacht contains interiors augmented by fashionable dark wood finishes and panelling.<img src="https://photo-assets.superyachttimes.com/photo/309140/image/large-2b8752695d8fb303d419223be8de324c.jpg" data-gid="gid://syiq/Photo/309140">In a spacious saloon flanked by expansive windows for natural light and far-reaching views, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>’s decor sports playfully printed pillows and striking silver-y leather armchairs throughout the sumptuous seating arrangement, making for an eye-popping central social hub.<img src="https://photo-assets.superyachttimes.com/photo/309114/image/large-0e8c81449b62db408aa5b78f6ae766bf.jpg" data-gid="gid://syiq/Photo/309114"><img src="https://photo-assets.superyachttimes.com/photo/309153/image/large-be4f13529bf8225fdba6b52424383742.jpg" data-gid="gid://syiq/Photo/309153">Moving into the accommodation layout, crisp, white bedding neatly juxtaposes with the classic dark headboard and cabinets, while state of the art entertainment systems allow for guests to reach the outside world from the comfort of their peaceful nautical haven.<img src="https://photo-assets.superyachttimes.com/photo/309138/image/large-608ef65b0ead6adfb292fcef6f67bb77.jpg" data-gid="gid://syiq/Photo/309138"><img src="https://photo-assets.superyachttimes.com/photo/309133/image/large-362be3c39be705eb9bf69d51f0b128fc.jpg" data-gid="gid://syiq/Photo/309133">Further enjoyment can be found on the <a href="https://www.superyachttimes.com/yachts/westport/for-sale" rel="noopener noreferrer" target="_blank" title="">Westport yacht for sale</a>’s generous exterior deck spaces, where those onboard can recline on inviting patterned sofas, take in the ocean views from the sidewalks, or partake in alfresco dining at a glossy, formal table. <img src="https://photo-assets.superyachttimes.com/photo/309151/image/large-a52f79131ff407daf2eff282c926c120.jpg" data-gid="gid://syiq/Photo/309151"><img src="https://photo-assets.superyachttimes.com/photo/309152/image/large-724e1030ec9c5c9d1d8f21a2db8eec67.jpg" data-gid="gid://syiq/Photo/309152">“She is the last 50-metre <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a> to launch from <a data-gid="gid://syiq/Company/217" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westport Yachts (Company)">Westport</a>’s Port Angeles, WA facility in 2020, and shares the styling cues of the newly redesigned 52-metre with her restyled exterior bulwarks,” said <a data-gid="gid://syiq/Company/5699" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miles Yacht Group (Company)">Miles Yacht Group</a> principle Andy Miles. “Low mechanical time, and maintained to the highest standards; <a data-gid="gid://syiq/Yacht/5911" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neenah49.94m (163'10&quot;)Westport Yachts2020">Neenah</a> represents an opportunity which is simply impossible to replicate without the wait of new construction, and at a significant cost savings to her new owner.”<img src="https://photo-assets.superyachttimes.com/photo/309109/image/large-f35efef8b348077564a26b3546d8e34a.jpg" data-gid="gid://syiq/Photo/309109"><img src="https://photo-assets.superyachttimes.com/photo/309110/image/large-9475e021db4a6453a8e0fdf05b23466a.jpg" data-gid="gid://syiq/Photo/309110">When it comes to the <a href="https://www.superyachttimes.com/yachts/neenah/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Neenah for sale</a>’s performance, she is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that propel her to a cruising speed of 22 knots alongside a swift top speed of 25 knots.&nbsp;

50m Westport yacht Neenah for sale

The 50-metre superyacht Neenah is on the market with Andrew Miles of Miles Yacht Group.


50m Westport superyacht Neenah for sale

The American brokerage firm <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> has just announced its acquisition of <a data-gid="gid://syiq/Company/659" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chamberlain Yachts (Company)">Chamberlain Yachts</a>, in addition to the appointment of the companies owner Kent Chamberlain as the CEO. <img src="https://photo-assets.superyachttimes.com/photo/179337/image/large-81db6737aa45a6a2c69c29d756f05aba.jpg" data-gid="gid://syiq/Photo/179337">Kent Chamberlain brings more than 40 years of experience in the industry to <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a>, previously serving as General Manager of Bradford Yachts, Vice President of <a data-gid="gid://syiq/Company/538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westship Yachts (Company)">Westship</a> Yachts, General Manager of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> and, most recently, owner of <a data-gid="gid://syiq/Company/659" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chamberlain Yachts (Company)">Chamberlain Yachts</a>.&nbsp;Merle Wood, Chairman of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> commented, "I tapped Chamberlain for this role because of his collegial style and reputation for bringing yacht brokers together.” The move also allows Wood to focus on superyacht clients rather than day-to-day operations. John Cohen, Director of Sales &amp; Charter, said the new addition will help update the company’s marketing and technology services and increase sales productivity.

Merle Wood and Associates acquires Chamberlain Yachts

Merle Wood & Associates has acquired Chamberlain Yachts project managers and ownership.

Mergers & Acquisitions

Merle Wood & Associates’ acquisition of Chamberlain Yachts cancelled