<a data-gid="gid://syiq/Company/3472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaminds (Company)">Seaminds</a>, represented by Bertrand Vogèle, part of the Artcurial-John Taylor Group, is now the major shareholder of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a>. This acquisition has created a merger between the two companies that will come into effect this September, and which will see Bertrand Vogèle assuming the role of CEO of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a>.<img src="https://photo-assets.superyachttimes.com/photo/239874/image/large-72f8363a89f911a40efccf5fe8befe44.png" data-gid="gid://syiq/Photo/239874">Anissa Mediouni will remain a shareholder of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> and serve as Managing Director of the firm. Sebastiano Pitasi has also retained his shares in the company, and will now act as Senior Yacht Advisor. Artcurial-John Taylor Group is supporting the merger and will ensure there is a real potential for growth while simultaneously fortifying the service offerings for high-end clientele.<img src="https://photo-assets.superyachttimes.com/photo/239848/image/large-5f31fc5ab0cff4b0bcb44ca0974cb163.jpg" data-gid="gid://syiq/Photo/239848">“The most important message for us is to let our clients, partners, and colleagues know that this opportunity will allow us to expand while remaining independent as a company,” explained Anissa. “We built <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> based on integrity, authenticity, and expertise in what we do. Our goal from day one was to continue to develop the brand, to grow our team with people who believe in what we stand for, and to share our passion to deliver a service.”“The focus of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> will be to build its presence in the brokerage and charter market and be recognised as a strong brokerage house in Monaco, the capital of yachting,” expressed Bertrand. “The team will be reinforced to include three new Charter Advisors and an additional six experienced Yacht Advisors in the sales department.”<img src="https://photo-assets.superyachttimes.com/photo/239849/image/large-475f8331a34c89bf1ac79de4dae4de37.jpg" data-gid="gid://syiq/Photo/239849">“The merger of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> and <a data-gid="gid://syiq/Company/3472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaminds (Company)">Seaminds</a> is an exciting step that will allow us to continue the vision of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> while strengthening its team and the options for clients,” said Bertrand. “<a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> provides top-quality service, with a team that listens to its clients and can provide them with excellent support, which was a core value of mine while working under <a data-gid="gid://syiq/Company/3472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seaminds (Company)">Seaminds</a>. We will continue to provide clients with a transparent approach as our main priority.”“We have always had a strong vision for the brand and how we want to provide a service to our clients,” expressed Anissa. “Bertrand is completely onboard and understands our philosophy. I am thrilled to work closely with Bertrand and see where we can take <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">NEXT Yachting</a> together.”

NEXT Yachting merger with Seaminds

Bertrand Vogèle, CEO of NEXT Yachting 

original

small

medium

large

extra_large

 Anissa Mediouni, Managing Director of NEXT Yachting

NEXT Yachting marketing 

NEXT Yachting has announced a merger with Seaminds, which places Bertrand Vogèle as the new CEO of NEXT Yachting.

NEXT Yachting announces merger with Seaminds

<a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a> has acquired a majority stake in <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells Modern &amp; Classic Boatbuilding</a>. The two companies have a history of collaboration, with <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> frequently commissioning <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells’</a> bespoke tenders for their superyachts.<img src="https://photo-assets.superyachttimes.com/photo/252182/image/large-cfa3304da729f261581eefa853bd109d.png" data-gid="gid://syiq/Photo/252182"><a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells Modern &amp; Classic Boatbuilding</a>, established by Dave Cockwell, who now serves as its Sales and Technical Director, has expanded significantly over 28 years.The company manufactures both Duchy and Hardy semi-production vessels as well as bespoke superyacht tenders.Commenting on this strategic development, Dean Short, Managing Director of <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a>, stated: "<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> has been actively seeking support in the marine sector to advance to the next phase of our business plan, which includes the production of this year’s new model, the Duchy 45. Being Falmouth-based like us, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> is ideally positioned to provide that support. We are delighted to be moving forward with them."The <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a> comprises several distinct entities: <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a>, a superyacht service facility located in Falmouth; <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> Vilanova, a Mediterranean marina and Technical Service Centre near Barcelona; and Norfolk Interiors, a manufacturer specialising in luxury bespoke interiors.Discussing the reasons for acquiring a majority stake, Toby Allies, Managing Director of the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a>, explained: "<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> shares many of the values integral to the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a> and serves many of the same customers and contacts. Partnering with <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> will broaden our offerings to our client base within the superyacht sector." He added, "<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a>’ activities complement our core group strategy. With the company’s robust forward order book and ambitious expansion plans, we are excited to welcome Cockwells to the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a>."Regarding the acquisition Dave Cockwell remarked: “Over the past 28 years, we have grown from renting a tiny space in Underfall Boatyard in Bristol with one apprentice, to operating three sites in Cornwall with more than 140 employees. I am delighted that we are joining forces with the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a>. With the backing of an established global superyacht brand, <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> will grow further and meet the demands of our ever-increasing client base.”<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> will continue to operate independently with the existing management team headed by Managing Director, Dean Short with Dave Cockwell retaining his role of Sales and Technical Director.

Pendennis Shipyard acquires majority stake in Cockwells Modern & Classic Boatbuilding

Pendennis Shipyard has acquired a majority interest in Cockwells Modern & Classic Boatbuilding.

<a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> President Leonardo Ferragamo has released a new statement following <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s acquisition of the company.&nbsp;On 1 August 2024, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> <a href="https://www.superyachttimes.com/yacht-news/sanlorenzo-buys-nautor-swan" target="_blank">announced that they were buying Nautor Swan</a>. The following day, they announced they had<a href="https://www.superyachttimes.com/yacht-news/sanlorenzo-first-closing-nautor-swan-acquisition" target="_blank">&nbsp;completed their first closing</a> of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> acquisition. In the statement, Ferragamo highlights his love of the work he has put into making <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> what it is today.&nbsp;“It is an important time for <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> this year as we have come to an agreement with the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo Group</a>. I cannot tell you enough how much I have always loved, respected, and put all my endeavours into making <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> what it is today.”<img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">He stated that he aims to ensure the longevity of the brand by entrusting it with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to continue to propel it forward:“I will remain a significant shareholder of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> for some years to come, as I want to ensure the transfer of culture, experience, and competence to the new course of our company, definitely enhancing the trust that so many sailors around the world have placed in our hands.”The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a> comprises 13 companies across seven countries: Finland, Italy, Spain, Monaco, the United Kingdom, the United States, and Australia. Specialising in the design, construction, sale, and refitting of sailing yachts, the brand also builds motor yachts under the Shadow and Arrow brands.“I’m very confident that with this alliance, we will be able to reach the many potentialities our company has, which we have built with unique passion and dedication over the years,” added Leonardo Ferragamo.<img src="https://photo-assets.superyachttimes.com/photo/302095/image/large-5c81b855a83c4129bca77da30b2ee896.jpg" data-gid="gid://syiq/Photo/302095">Giovanni Pomati, CEO of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, also asserted that this agreement is “very positive”. He goes on to acknowledge that this partnership will aid <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> to “enhance investments in Engineering, Operations and Commercial to achieve more outstanding performance in innovation, technology, operational efficiency and market penetration”.

Nautor Swan statement on acquisition by Sanlorenzo 

Nautor Swan President Leonardo Ferragamo has released a new statement following Sanlorenzo’s acquisition of the company.

Nautor Swan issues statement on acquisition by Sanlorenzo

<a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">North Technology Group (NTG)</a> has announced an expansion of its marine portfolio, with the addition of two new brands, <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> and Quantum Sails.While <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a>, which was founded in 1957 with <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>, includes a varied portfolio of businesses within the sailing and maritime lifestyle sector, <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle</a> and Quantum, will each continue to operate independently, maintaining distinct brand identities and competing for market share.&nbsp;This means both businesses are set to oversee their own lofts, sales and marketing teams, as well as product suites, as the <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> ownership supplies the brands with financial security, flexibility, and resources for bettering their sailors’ experiences.<img src="https://photo-assets.superyachttimes.com/photo/321862/image/large-0557f539fbc4608cc9e4eae4588ee432.jpg" data-gid="gid://syiq/Photo/321862">“<a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> are long-term supporters of sailing. We want to grow the sport by investing in skills and innovation, by supporting new technologies in sailmaking, and by committing to accomplishing all this in a sustainable way. In <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle</a> and Quantum, we have found two brands and businesses that support our values and goals. We're pleased to be partnering with Mike, Ed, and their teams, as we work together to promote the future of the sport we love so much,” NTG Chairman Peter Dubens remarked.&nbsp;Moving forward, Quantum Sails will still be led by Ed Reynolds and Andrew Scott, while Doug DeVos’ involvement in the business and investment in <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> is expected to continue. As for <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a>, the brand which is dedicated to sailors and sailmakers, will continue to be led by Mike Sanderson.&nbsp;<a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> CEO Mike Sanderson commented: “After eight years at the helm, the decision for <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> to combine forces with <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> was a ‘no-brainer’ for David Duff, Richard Bouzaid and me. It ensures the longevity of the brand we are so committed to; it will keep challenging innovation in sailing, and it brings significant opportunities for our team, sailors, and customers. I could not be more excited about leading Doyle Sails into the next chapter and chasing the next challenge.”“<a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">North Technology Group</a> is passionate about the sailing industry, and with big ambitions and a relentless drive we are continuously evolving. We see a real opportunity for growth and development by bringing <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> and Quantum Sails into the <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> family. We look forward to welcoming their customers and our new colleagues on this journey,” <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> CEO Sam Watson concluded.&nbsp;

North Technology Group adds brands Doyle Sails and Quantum Sails

North Technology Group (NTG) has announced their expansion of their marine brands with the addition of Doyle Sails and Quantum Sails.

North Technology Group joins forces with Doyle Sails and Quantum Sails

Today <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has completed their First Closing of their acquisition of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, in accordance with the transaction outlined by the press release disclosed on 1 August, which defines their economic terms.&nbsp;As of today’s First Closing, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has paid the cash portion of the €32,354,734.71 equal price equal to €32,354,734.71. The global brand has also transferred €16,177,367.36 in escrow, to be released simultaneously with the Capital Increase reserved to Sawa, which is the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> owning company.<img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">When it comes to <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s share price for the payment in shares, equal to the arithmetic average of the stock exchange closing prices in the previous 30 calendar days, the value has been calculated at €38.4727, which would imply the issuance of 420,489 shares in favour of Sawa, in view of the First Closing amount equal to €16,177,367.36 to be paid in shares.Read: <a data-gid="gid://syiq/Article/61155" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo to buy Nautor Swan (2024-08-01 08:30:00 +0200)">Sanlorenzo to buy Nautor Swan </a>Furthermore, the companies of the acquisition perimeter, which is "<a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a>", generated in FY2023, on an aggregated basis, Net revenues from the sale of new yachts amounting to approximately 10% of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo Group</a>’s net revenues new yachts in FY2023.This valuation of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a> takes into account EBITDA prospects as resulting from the analysis and elaboration of acquired financial information, along with potential synergies.

Sanlorenzo completes first closing of Nautor Swan Acquisition

Today Sanlorenzo has completed their First Closing of their acquisition of Nautor Swan.

<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has issued a statement, following the open letter that was sent to its shareholders by Island Capital Group.<img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-9384651b02a3c3b8b113c3d33254dc31.jpg" data-gid="gid://syiq/Photo/265731">The open letter proposed an acquisition of 100 percent of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s Yachting and Marina Related Services, including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a>, and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>. The letter was sent by former <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> founder, Andrew Farkas, who expressed his concerns over the company’s management and strategic direction since its acquisition by MarineMax in 2022.<a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> was sold to <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> for $480 million, with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> existing management team continuing to lead the growth and operations of the business. Farkas detailed several concerning developments since <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s integration into <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, stating that the company had not benefitted from the acquisition.&nbsp;Read: <a data-gid="gid://syiq/Article/60986" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas Founder proposes acquisition of IGY, Fraser, and Northrop & Johnson from MarineMax (2024-07-11 10:30:00 +0200)">IGY Marinas Founder proposes acquisition of IGY, Fraser, and Northrop &amp; Johnson from MarineMax</a><img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-ca20ccc1813073a1b2aa9dfbcd755ab5.jpg" data-gid="gid://syiq/Photo/265732">In the statement published online, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>’s Board of Directors emphasised its commitment to evaluating genuine opportunities that enhance shareholder value. The Board stated, "We are always open and responsive to input from key stakeholders and have spoken with Island Capital Group on several occasions. The company will continue to make decisions and take actions that we believe are in the best interest of the company and our shareholders."<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates in over 130 locations worldwide, including 83 dealerships and 66 marina and storage facilities. The company’s integrated business encompasses several brands and services including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, Cruisers Yachts, and Intrepid Powerboats.This is not the first proposal that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has received, with <a data-gid="gid://syiq/Article/60633" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater issues statement over MarineMax acquisition rumours (2024-06-03 16:30:00 +0200)">rumours circulating last month</a> that its rival <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> had made an "all-cash, $40-a-share offer" for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, following months of private discussions. However, following on from these comments, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> issued a statement that they "do not comment on market rumours or speculation," leaving the option for a potential acquisition uncertain.

MarineMax responds to Island Capital Group's acquisition proposal

MarineMax has issued a statement, following the open letter that was sent to its shareholders by Island Capital Group.

MarineMax issues statement following proposed acquisition by Island Capital Group

Yachting publication <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> has announced its acquisition by <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a>. While we typically refrain from covering news about our competitors, the acquisition is a significant event in the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/99271/image/large-21a834fc98095b75b983b634aab2fdbf.jpg" data-gid="gid://syiq/Photo/99271"><a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a> organises trade shows and conferences across various industries, with this acquisition acting as an extension of its current yachting portfolio, which includes the <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, Fort Lauderdale International Boat Show and Palm Beach International Boat Show.It remains unclear whether <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a> will closely integrate their yachting events with <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> and how this might affect the media partnerships that other media companies, such as SuperYacht Times, currently have with these events.A statement posted on the <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> website stated that Stewart Campbell will remain Editor-in-Chief and <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> Media will have the same management team. This includes Toby Moore as Chief Executive and Tony Euden as Chief Operating Officer, while John Paton will also continue as Chair of the Board.According to <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> Media, the company and its subsidiaries, including IBI and Dockwalk, will maintain their distinct brands and complete editorial independence, while utilising <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a>'s specialist media expertise.Speaking about the acquisition on the <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> website, CEO Toby Moore said: "We are excited to start working with <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a>. We share a vision and enormous optimism about <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> Media's future, which will benefit from Informa’s experience and investment in specialist media brands and platforms.”

BOAT International acquired by Informa 

Informa has announced the acquisition of yachting publication Boat International. 

MYS and FLIBS organiser acquires BOAT International

Australia-based charter and brokerage company <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> has announced the acquisition of the yacht booking service company Floatspace. The strategic move plans to strengthen <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>’s commitment to provide clients with an instant and seamless booking service.<img src="https://photo-assets.superyachttimes.com/photo/315574/image/large-81cb6d62ff184e62ec3a6fb5e905e959.jpg" data-gid="gid://syiq/Photo/315574">Floatspace is focused on making bookings more accessible, by offering fully automated bookings for entry-level party boats. The acquisition means that <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> can service the entire charter market digitally and automated, offering clients with a comprehensive solution across the spectrum.“The two businesses complement one another very well. Although having come at the market from opposite ends, both delivered excellent traction and growth, meaning combining the two would result in a force to be reckoned with,” commented Hugh Treseder, Founder and CEO of Floatspace.<a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> is no stranger to acquisitions, in July 2023 they <a data-gid="gid://syiq/Article/58050" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club acquires stake in Ray White Marine brokerage firm (2023-07-10 09:30:00 +0200)">announced that they had acquired a stake in the brokerage firm Ray White Marine</a>. The acquisition allowed <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> to actively focus on the sale of superyachts, with their current portfolio standing at just under 45 yachts for sale.&nbsp;Read: <a data-gid="gid://syiq/Article/58355" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A powerhouse is born: Brock Rodwell on the merger of Ahoy Club and Ray White Marine (2023-08-17 17:30:00 +0200)">A powerhouse is born: Brock Rodwell on the merger of Ahoy Club and Ray White Marine</a><img src="https://photo-assets.superyachttimes.com/photo/315576/image/large-545078db0307b14bacfb9132069f98e9.jpg" data-gid="gid://syiq/Photo/315576"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> began with a global focus, aiming to revolutionise the yacht charter industry globally. Due to the COVID-19 pandemic, they have honed in on the Australian Day Charter market, focusing on luxury day charter yachts.“Clients today are empowered with extensive knowledge, conducting their own thorough research,” explained Ellie Malouf, CEO of <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>. “For charters, they often know what they want, when they want it, and seek the convenience of booking that instantly. Clients now expect similar experiences in the yachting industry as they do with other premium services.”<img src="https://photo-assets.superyachttimes.com/photo/315575/image/large-cc19f4b74826b8fa1b4521404ac14880.jpg" data-gid="gid://syiq/Photo/315575">Floatspace enables clients to effortlessly select their desired yacht, date, time, and any additional requirements. The advanced technology automatically updates the yacht's calendar and generates charter contracts for all parties involved.“We've gone to a fabulous new home and having had some healthy rivalry over the years, we can now turbocharge things. I'm proud, as this was no easy journey,” added Hugh Treseder.&nbsp;

Ahoy Club acquires Floatspace

Ahoy Club has announced the acquisition of the yacht booking service company Floatspace.

Ahoy Club acquires yacht booking service Floatspace

According to online news publication Bloomberg, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> is in talks to acquire its larger rival <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-9384651b02a3c3b8b113c3d33254dc31.jpg" data-gid="gid://syiq/Photo/265731">The US-based news company alleged that <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has made an all-cash, $40-a-share offer for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, following months of private discussions. Bloomberg also reported that according to unnamed sources, the combined company would be valued at about $2.5 billion, including debt.However, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has issued the following statement on the rumoured acquisition: “As a matter of policy, we do not comment on market rumors or speculation. <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> is a highly disciplined and seasoned acquirer within the fragmented boating industry.”<img src="https://photo-assets.superyachttimes.com/photo/184954/image/large-cb047084464f2702c524eb07295a896c.jpg" data-gid="gid://syiq/Photo/184954">“Since 2014, we have successfully executed more than 30 acquisitions that have contributed to increased shareholder value. This strong track record is anchored by our ability to meaningfully expand EBITDA of acquired companies through expeditious synergy realisation.”<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> is one of the largest and fastest-growing premium marine retailers in the United States. <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> operates a total of 96 retail locations, 10 distribution centres and warehouses and multiple online marketplaces in 18 different states, several of which are in the top twenty states for marine retail expenditures.<img src="https://photo-assets.superyachttimes.com/photo/184959/image/large-4c195ac54d5c6528b5d5e0756609d9dc.jpg" data-gid="gid://syiq/Photo/184959"><a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates in around 130 locations, including 83 dealerships, 66 marina and storage facilities, and also owns the brokerage firms <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> and <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. In addition, <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> has grown over the years with the acquisition of companies such as <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">Superyacht Management (SYM)</a>.&nbsp;If the two companies were to join forces, the combination would result in significant cost savings and long-term earnings growth. <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> is no stranger to takeovers, with the acquisition of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> taking place in 2022 and the closing of &nbsp;Garden State Yacht Sales last month.Read: <a data-gid="gid://syiq/Article/54952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine finalises acquisition of Denison Yachting (2022-04-12 16:00:00 +0200)">OneWater Marine finalises acquisition of Denison Yachting</a><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/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has a strong balance sheet and will continue to prioritise judicious capital allocation and maintain appropriate levels of leverage while evaluating strategic opportunities, enabling us to ensure the short-term, medium-term, and long-term viability of our business,” added <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>.“Management and the Board of Directors are extremely focused on preserving and enhancing shareholder value. They are squarely aligned with shareholders, given that insiders collectively hold a 17 percent interest in the company.”SuperYacht Times has also reached out to <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> for a comment on the rumours.

OneWater in talks to acquire MarineMax  

OneWater Marine has issued an official statement following rumours online of talks to acquire its larger rival MarineMax.

OneWater issues statement over MarineMax acquisition rumours

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.

home-featured-topleft#0

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.

The 41.15-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> motor yacht <a data-gid="gid://syiq/Yacht/2014" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Sandals40.08m (131'6&quot;)Feadship1985">Lady Sandals</a>, previously named Sea Ghost, is for sale with <a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a>. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> was delivered in 1985.<img src="https://photo-assets.superyachttimes.com/photo/39868/image/large-ad93d5b91aed3f24b8e0d62c11f961b6.JPG" data-gid="gid://syiq/Photo/39868"><a data-gid="gid://syiq/Yacht/2014" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Sandals40.08m (131'6&quot;)Feadship1985">Lady Sandals</a> features both exterior design and naval architecture by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, while her interior was penned by <a data-gid="gid://syiq/Company/288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paola D. Smith & Associates (Company)">Paola D. Smith &amp; Associates</a>. Moreover, she can accommodate up to eight guests onboard across four staterooms, as well as seven crew members, including the captain. <img src="https://photo-assets.superyachttimes.com/photo/327463/image/large-aaa039d8835500d16a43acf656f3effa.jpg" data-gid="gid://syiq/Photo/327463">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> showcases an elegantly designed saloon with dark toned wooden furnishings that enhance the sophisticated ambiance of the room. The ample seating area makes this space an ideal location for large indoor gatherings.<img src="https://photo-assets.superyachttimes.com/photo/327473/image/large-a53b1d0eb41d8c90cf38813414c416d9.jpg" data-gid="gid://syiq/Photo/327473"><img src="https://photo-assets.superyachttimes.com/photo/327474/image/large-403dee109bf6e7b80099577d2f767edc.jpg" data-gid="gid://syiq/Photo/327474"> The dining room on the <a href="https://www.superyachttimes.com/yachts/lady-sandals/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Lady Sandals for sale</a> reflects a similarly sophisticated design to the main saloon. There is a generously sized dining table that can comfortably accommodate 10 guests, ideal for hosting large dinners with family and friends.<img src="https://photo-assets.superyachttimes.com/photo/327465/image/large-3b63331f06769f4752435ee2b9b63880.jpg" data-gid="gid://syiq/Photo/327465"><a data-gid="gid://syiq/Yacht/2014" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Sandals40.08m (131'6&quot;)Feadship1985">Lady Sandals</a>' master suite is elegantly appointed with dark-toned wooden furnishings and features a large sofa, providing the perfect private retreat for relaxation and comfort.<img src="https://photo-assets.superyachttimes.com/photo/327470/image/large-0a168d2f95dc96be49cafddfcbbab10d.jpg" data-gid="gid://syiq/Photo/327470"><img src="https://photo-assets.superyachttimes.com/photo/327472/image/large-eb72a89bc80882aec54ef920f1027811.jpg" data-gid="gid://syiq/Photo/327472">Exterior features on <a data-gid="gid://syiq/Yacht/2014" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Sandals40.08m (131'6&quot;)Feadship1985">Lady Sandals</a> include a generously sized wooden dining table on the main aft deck that can comfortably accommodate six guests. Additional outdoor seating options allow guests to relax and bask in the sunshine.<img src="https://photo-assets.superyachttimes.com/photo/327471/image/large-1c4d209858e23f119a9106c38f816929.jpg" data-gid="gid://syiq/Photo/327471">The <a href="https://www.superyachttimes.com/yachts/feadship/for-sale" rel="noopener noreferrer" target="_blank" title="">Feadship yacht for sale</a> has a steel hull and aluminium superstructure. Performance-wise, she 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 cruising speed of 14 knots and a top speed of 16 knots.<img src="https://photo-assets.superyachttimes.com/photo/39869/image/large-5936fd51dc906ecf18ca01979d672179.JPG" data-gid="gid://syiq/Photo/39869">

41m Feadship motor yacht Lady Sandals for sale

The 41.15-metre Feadship motor yacht Lady Sandals is for sale with Moran Yacht & Ship.

<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> announced that the first model of the Akhir line to hit the market will be the 44-metre Akhir 44.The Akhir 44, designed by Antonio Luxardo, blends the heritage of the brand and innovation. This new model will be the first of the Akhir line to hit the market. This line features recognisable elements like strip windows, “shark-like” decoration on the bow, and horizontal-grid air intakes. These hallmark features remain intact in the Akhir 44, creating a strong link between past and present.Key to the Akhir 44’s design is its lightweight carbon fibre composite hull and superstructure, built using a vacuum-moulding process. The yacht features an innovative EHPH Power Fin hull, which is designed for improved performance and fuel efficiency. This focus on cutting-edge technology, coupled with the retention of the Akhir line’s signature aesthetic features, ensures the model stays true to the brand’s DNA.<img src="https://photo-assets.superyachttimes.com/photo/327475/image/large-8445340bba51622c4c9d821249b54c53.jpeg" data-gid="gid://syiq/Photo/327475">The introduction of the Akhir line has the goal of appealing to modern yacht owners while preserving <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>’s legacy. In line with its mission to innovate, <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> brought in designer Antonio Luxardo to lead the company’s vision. Luxardo’s challenge was to honour the brand’s heritage while incorporating modern technologies and ensuring minimal environmental impact in production.&nbsp;Investing in innovationDuring the press conference, <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> CEO Marco Massabò highlighted the journey the company has taken under its new ownership, including the expansion of production facilities, the launch of the Polaris and Saturno lines, and the sale of CdP Custom Division’s first explorer vessel, with design and engineering by Marcelo Penna.The event provided a platform for <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, established in 1945 and now owned by Enrico Gennasio, to showcase its achievements and outline its future direction. Since the new management team took over in 2021, they have invested six million euros to expand production facilities, supported by a strong order book of nearly 30 million euros. This investment has allowed for the expansion and modernisation of the shipyard, which now spans 50,000-square-metres, including a 24,000-square-metre refit area.<img src="https://photo-assets.superyachttimes.com/photo/327492/image/large-149722dd28baec4b57780e17f9f7e14f.png" data-gid="gid://syiq/Photo/327492">The shipyard is currently working on six projects, with space for vessels up to 56 metres in length. Notable builds include the <a data-gid="gid://syiq/Yacht/12764" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa 80 Veloce 25.49m (83'8&quot;)Cantieri di Pisa">80 Veloce</a>, a 24-metre yacht made from carbon fibre capable of reaching 60 knots, and a 37.50-metre explorer yacht, which is being developed by the CdP Custom Division and scheduled for launch in 2026.As a result of these ambitious projects, <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> boasts a robust order book for 2024, valued at 27 million euros, which includes 17 million euros in new-builds and 10 million euros in refits. Under the new ownership, the company has seen steady growth, with sales rising from three million euros in 2021 to four million euros in 2023.

Cantieri di Pisa unveils new Akhir 44 model at Cannes Yachting Festival

Cantieri di Pisa introduces the Akhir 44 at Cannes Yachting Festival

Cantieri di Pisa unveils new 44m Akhir 44 model at Cannes Yachting Festival

<a data-gid="gid://syiq/Company/5574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Extra Yachts (Company)">EXTRA Yachts</a> has announced the sale of the first unit of its newly launched 30-metre X100 Triplex model to a European customer. The sale was facilitated by <a data-gid="gid://syiq/Company/5543" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aberton Yachts (Company)">Aberton Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/325643/image/large-69abe6395182459342758f897d2a7ee2.jpg" data-gid="gid://syiq/Photo/325643">The X100 Triplex is designed to offer expansive interior and exterior spaces, prioritising comfort, onboard liveability, fuel efficiency, and long-range cruising capabilities. <a data-gid="gid://syiq/Company/7223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Agon (Company)">Studio Agon</a> crafted the sleek exterior lines, while <a data-gid="gid://syiq/Company/7854" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laura Brocchini Design (Company)">Laura Brocchini Design</a> was responsible for the elegant interiors. The yacht's naval engineering was handled in-house by <a data-gid="gid://syiq/Company/5574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Extra Yachts (Company)">EXTRA Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/325625/image/large-53135517edcabc3a45221d0a2433f87a.jpg" data-gid="gid://syiq/Photo/325625">Constructed with a composite hull and superstructure reinforced with carbon, the yacht measures thirty metres in length with a maximum beam of 8.1-metres. This provides interior volumes typical of vessels exceeding forty metres, with a gross tonnage of approximately 260 GT.<img src="https://photo-assets.superyachttimes.com/photo/325636/image/large-e5497b993f5736f7893ec341e9e91b62.jpg" data-gid="gid://syiq/Photo/325636"><img src="https://photo-assets.superyachttimes.com/photo/325630/image/large-0206fc917ebadc4539be7ae927732d77.jpg" data-gid="gid://syiq/Photo/325630">Below deck, the yacht accommodates four double staterooms, each with its own private bathroom. This includes two VIP staterooms with double beds and two with twin beds. The staterooms include a luxurious owner’s suite, which is equipped with large side windows. The crew area, located below deck, includes separate laundry facilities and provides accommodation for five crew members across three staterooms.<img src="https://photo-assets.superyachttimes.com/photo/325626/image/large-ea670253b32bf7bac48dde027cbc3d50.jpg" data-gid="gid://syiq/Photo/325626"><img src="https://photo-assets.superyachttimes.com/photo/325627/image/large-54612ab6187a5220c170bce4a65140dd.jpg" data-gid="gid://syiq/Photo/325627">Among the multiple layout configurations offered, the owner has selected a version featuring a pantry on the main deck and the galley on the upper deck. The main deck includes a spacious indoor lounge area, with the master suite located towards the bow. The master suite includes access to an office, vanity, en-suite bathroom with double sinks and a separate toilet, as well as a large wardrobe.<img src="https://photo-assets.superyachttimes.com/photo/325634/image/large-ce7fa3a61e36fce2a99b0a8a9055c18b.jpg" data-gid="gid://syiq/Photo/325634">One of the standout features is the large floor-to-ceiling windows on both the main and upper decks, which enhance the connection to the outdoors and create a serene sense of immersion in the surrounding marine environment.<img src="https://photo-assets.superyachttimes.com/photo/325607/image/large-4cafedac1f541e84056620d47bebdd94.png" data-gid="gid://syiq/Photo/325607"><img src="https://photo-assets.superyachttimes.com/photo/325625/image/large-53135517edcabc3a45221d0a2433f87a.jpg" data-gid="gid://syiq/Photo/325625">The upper deck features a lounge area with freestanding furniture, offering the owner flexibility in layout. A large bar, sunbathing areas, and a dining table for ten are highlights of the sun deck. It also houses the wheelhouse, galley, and a secondary lounge area, complete with two armchairs, a coffee table, and a formal dining table for ten.<img src="https://photo-assets.superyachttimes.com/photo/325597/image/large-8b2dc64ee2fedd64fbd790d32e99a0b6.png" data-gid="gid://syiq/Photo/325597">The aft garage, situated beneath the sundeck, is equipped to house a four-metre tender, two <a data-gid="gid://syiq/Company/3030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cayago AG / Seabob (Company)">Seabobs</a>, and other accessories.<img src="https://photo-assets.superyachttimes.com/photo/325600/image/large-3c6169faff87f5ef6433e7ecfd214dcc.png" data-gid="gid://syiq/Photo/325600">Powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines delivering 1550 horsepower each, the X100 Triplex reaches a top speed of 15.5 knots and cruises comfortably at 12 knots. An optional configuration with 1800 horsepower <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines is available, offering a maximum speed of 18 knots and a cruising speed of 15 knots.<img src="https://photo-assets.superyachttimes.com/photo/325620/image/large-426800544cdbf3a49892766dbd613dc9.png" data-gid="gid://syiq/Photo/325620">

First 30m EXTRA X100 Triplex motor yacht sold

EXTRA Yachts has announced the sale of the first unit of its newly launched 30-metre X100 Triplex model. The sale was facilitated by Aberton Yachts.

The 29.52-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/5629" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paloma of London29.52m (96'10&quot;)Sunseeker2009">Paloma of London</a> has been sold in an in-house deal. Dmitry Lyarskii and Denis Khamzatov of <a data-gid="gid://syiq/Company/7121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nord Star Superyachts (Company)">Nord Star Superyachts</a> represented both the buyer and the seller.<img src="https://photo-assets.superyachttimes.com/photo/288593/image/large-a86c39f1e455638042a0e8e46f4fe7d3.jpeg" data-gid="gid://syiq/Photo/288593">&nbsp;Delivered in 2009 as part of the <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 30M series, <a data-gid="gid://syiq/Yacht/5629" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paloma of London29.52m (96'10&quot;)Sunseeker2009">Paloma of London</a> features both exterior and interior design by <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, with naval architecture by <a data-gid="gid://syiq/Company/353" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Don Shead Yacht Design (Company)">Don Shead Yacht Design</a>. She can accommodate up to eight guests onboard across four staterooms, as well as four crew members, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/288573/image/large-5487744620411050b39d55a4a742157a.jpeg" data-gid="gid://syiq/Photo/288573"><img src="https://photo-assets.superyachttimes.com/photo/288574/image/large-6084545a30d1c340e3c96775fdcb7d31.jpeg" data-gid="gid://syiq/Photo/288574"><img src="https://photo-assets.superyachttimes.com/photo/288577/image/large-8d668f1078f63c9052c5f16e720444f1.jpeg" data-gid="gid://syiq/Photo/288577"><img src="https://photo-assets.superyachttimes.com/photo/288579/image/large-cb869e8c9dfb9e487175e25c391745fe.jpeg" data-gid="gid://syiq/Photo/288579">Inside, <a data-gid="gid://syiq/Yacht/5629" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paloma of London29.52m (96'10&quot;)Sunseeker2009">Paloma of London</a> features timeless styling, beautiful furnishings, and comfortable seating throughout, creating an elegant and relaxed atmosphere. Her main saloon follows a warm theme, with wooden walls and warm lighting to create a cosy ambience. The saloon is surrounded by large windows which fill the space with natural light while simultaneously providing guests with endless sea views.<img src="https://photo-assets.superyachttimes.com/photo/288591/image/large-26f2b53aa938b039e38040019d183f22.jpeg" data-gid="gid://syiq/Photo/288591"><img src="https://photo-assets.superyachttimes.com/photo/288590/image/large-7365ae3c457293687b6cef208ab1933d.jpeg" data-gid="gid://syiq/Photo/288590"><a data-gid="gid://syiq/Yacht/5629" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paloma of London29.52m (96'10&quot;)Sunseeker2009">Paloma of London</a> has a GRP hull and superstructure. Performance-wise, 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, which give her a cruising speed of 20 knots and a top speed of 28 knots. At the time of her sale, she had a last known asking price of €3,300,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288596/image/large-0c0e0da22e45fb994c30c5b209823dbb.jpeg" data-gid="gid://syiq/Photo/288596">.

30m Sunseeker motor yacht Paloma of London sold in-house

The 29.52-metre Sunseeker motor yacht Paloma of London has been sold. Nord Star Superyachts represented both the buyer and seller.

The 36.1-metre <a data-gid="gid://syiq/Company/513" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="INACE Yachts (Company)">Inace</a> motor yacht <a data-gid="gid://syiq/Yacht/1693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zulu36.1m (118'5&quot;)INACE Yachts2009">Zulu</a> is available for sale through <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright</a>, with broker Henry Smith, for an asking price of €7,750,000.<img src="https://photo-assets.superyachttimes.com/photo/327011/image/large-c67d311fd859c304aa804ebf56d60f72.jpg" data-gid="gid://syiq/Photo/327011">Launched in 2009, the <a href="https://www.superyachttimes.com/yachts/motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features an exterior and interior design by <a data-gid="gid://syiq/Company/372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kirschstein Designs Ltd (Company)">Kirschstein Designs</a>.<img src="https://photo-assets.superyachttimes.com/photo/327017/image/large-641499f8dcc437e8749bb39cf4502f37.jpg" data-gid="gid://syiq/Photo/327017"><img src="https://photo-assets.superyachttimes.com/photo/327019/image/large-77f0e7f9fe9fbd881187ae602eb03bd2.jpg" data-gid="gid://syiq/Photo/327019">This <a href="https://www.superyachttimes.com/yachts/inace/for-sale" rel="noopener noreferrer" target="_blank" title="">Inace yacht for sale</a> has a beam of 7.32 metres, a draught of 2.44 metres, and a gross tonnage of 230 GT. <a data-gid="gid://syiq/Yacht/1693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zulu36.1m (118'5&quot;)INACE Yachts2009">Zulu</a> offers accommodation for up to 10 guests across five staterooms, with additional space for five crew members, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/327032/image/large-a0bd932bc4c782f0a3a8a9f9f5b63ce7.jpg" data-gid="gid://syiq/Photo/327032"><img src="https://photo-assets.superyachttimes.com/photo/327021/image/large-b2102c946d46ab097fd8171e4a3ce489.jpg" data-gid="gid://syiq/Photo/327021"><a data-gid="gid://syiq/Yacht/1693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zulu36.1m (118'5&quot;)INACE Yachts2009">Zulu’</a>s sundeck is home to a cosy Jacuzzi, surrounded by colourful sunpads, under a sunroof, creating the ideal spot for lounging in the ocean air. Generous seating areas and marble bar, also on this deck, create a social hub from which to take in the ocean views.<img src="https://photo-assets.superyachttimes.com/photo/327056/image/large-0910b52a36063ce149b615fae5340b19.jpg" data-gid="gid://syiq/Photo/327056"><img src="https://photo-assets.superyachttimes.com/photo/327052/image/large-d43df40d57f7928a4a3b8fe5ef36debf.jpg" data-gid="gid://syiq/Photo/327052">The <a href="https://www.superyachttimes.com/yachts/zulu" rel="noopener noreferrer" target="_blank" title="">yacht for sale Zulu</a>’s main and lower decks also have modulable covering for al fresco dining, either in or out of the sun.<img src="https://photo-assets.superyachttimes.com/photo/327045/image/large-6dcd4d56aaa8880192958eb75dc0a4fa.jpg" data-gid="gid://syiq/Photo/327045"><img src="https://photo-assets.superyachttimes.com/photo/327049/image/large-0bd907eb72a4ec5603db741c80f1edce.jpg" data-gid="gid://syiq/Photo/327049">Finally, the <a href="https://www.superyachttimes.com/yachts-for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a>'s generous beach club at the aft also offers easy access for those wishing to enjoy the waves.<img src="https://photo-assets.superyachttimes.com/photo/327062/image/large-e85853cc85d79921912c97146117ec1b.jpg" data-gid="gid://syiq/Photo/327062"><img src="https://photo-assets.superyachttimes.com/photo/327044/image/large-a985dd1d7514ba4ae8b8b31187ee30d7.jpg" data-gid="gid://syiq/Photo/327044"><a data-gid="gid://syiq/Yacht/1693" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zulu36.1m (118'5&quot;)INACE Yachts2009">Zulu</a>’s robust construction includes a steel hull and aluminium superstructure. In terms of propulsion, the motor yacht for sale is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a top speed of 12 knots.<img src="https://photo-assets.superyachttimes.com/photo/327074/image/large-5286864f8e3ac5366fb4587b7028e8ca.jpg" data-gid="gid://syiq/Photo/327074">

36m Inace motor yacht Zulu for sale

The 36.1-metre Inace yacht Zulu is available for sale through Cecil Wright, with broker Henry Smith, for an asking price of €7,750,000.

The 44.9-metre <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking Rasmussen</a> superyacht <a data-gid="gid://syiq/Yacht/1063" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravado44.9m (147'4&quot;)Abeking & Rasmussen2004">Bravado</a> is for sale in a joint CA with Antoine Larricq of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, and Ralph de Joode of <a data-gid="gid://syiq/Company/4530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RYacht Management (Company)">RYacht Management</a>. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is in turnkey condition having completed a refit in 2024 at the <a data-gid="gid://syiq/Company/4405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IMS Shipyard (Company)">IMS Shipyard</a> in France. <img src="https://photo-assets.superyachttimes.com/photo/327329/image/large-4c5bc3440d257ec96d207f68d0c023c3.jpg" data-gid="gid://syiq/Photo/327329">Delivered in 2004, <a data-gid="gid://syiq/Yacht/1063" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravado44.9m (147'4&quot;)Abeking & Rasmussen2004">Bravado</a> features exterior design by <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton Design,</a> while her interior was penned by <a data-gid="gid://syiq/Company/7050" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bizzozero Cassina Architects (Company)">Bizzozero Cassina Architects</a>, with naval architecture by <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. <img src="https://photo-assets.superyachttimes.com/photo/327344/image/large-e40c39199f86955af3ded6831d03c97a.png" data-gid="gid://syiq/Photo/327344"><img src="https://photo-assets.superyachttimes.com/photo/327346/image/large-82da5ba002fcae3f71813aa9e99645d9.png" data-gid="gid://syiq/Photo/327346"><img src="https://photo-assets.superyachttimes.com/photo/327349/image/large-e92463e99d30d51164abe247638acf48.png" data-gid="gid://syiq/Photo/327349">She can accommodate up to 12 guests across six staterooms, which include a master suite with a gym on the bridge deck, one VIP suite, two double suites, and two twin suites. <a data-gid="gid://syiq/Yacht/1063" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravado44.9m (147'4&quot;)Abeking & Rasmussen2004">Bravado</a> can also host 11 crew members, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/327343/image/large-e08bf3893f6b943c0b46f857cc422750.png" data-gid="gid://syiq/Photo/327343"><img src="https://photo-assets.superyachttimes.com/photo/327342/image/large-6a34a4bb24fb7c61647eb89298f1ed0d.png" data-gid="gid://syiq/Photo/327342"><img src="https://photo-assets.superyachttimes.com/photo/327341/image/large-8c306beb20facc839de56b740181f22b.png" data-gid="gid://syiq/Photo/327341"><img src="https://photo-assets.superyachttimes.com/photo/327350/image/large-74dd3747a5078d433623b3ab943be165.png" data-gid="gid://syiq/Photo/327350">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features a contemporary-designed saloon, with &nbsp;ample seating and a rectangular coffee table between the sofas. The multitude of windows allows plenty of light, creating a pleasant and bright atmosphere, ideal for socialising.<img src="https://photo-assets.superyachttimes.com/photo/327351/image/large-5c7b35feacf60aeff50d9fa8602365cb.png" data-gid="gid://syiq/Photo/327351"><img src="https://photo-assets.superyachttimes.com/photo/327337/image/large-ab5bc9a3cf2ce50dce9ebf37f746bdec.png" data-gid="gid://syiq/Photo/327337"><img src="https://photo-assets.superyachttimes.com/photo/327339/image/large-bdc32e8c81f017f43a5dfa8bed521b3f.png" data-gid="gid://syiq/Photo/327339"><img src="https://photo-assets.superyachttimes.com/photo/327340/image/large-373431f5b154589c9f10d272b2b198ff.png" data-gid="gid://syiq/Photo/327340">Exterior features on the <a href="https://www.superyachttimes.com/yachts/bravado/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Bravado for sale</a>, include a Jacuzzi on the sundeck, allowing guests to relax while enjoying unobstructed views. The yacht also offers multiple outdoor dining areas, increasing versatility and providing guests with a choice of settings for their meals.<img src="https://photo-assets.superyachttimes.com/photo/327352/image/large-ac8684a096bcea226fa4b3edb3983d30.png" data-gid="gid://syiq/Photo/327352">The <a href="https://www.superyachttimes.com/yachts/abeking-rasmussen/for-sale" rel="noopener noreferrer" target="_blank" title="">Abeking Rasmussen yacht for sale</a> has a steel hull and aluminium superstructure. Performance-wise, 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, which give her a cruising speed of 12 knots and a top speed of 14 knots.<img src="https://photo-assets.superyachttimes.com/photo/327353/image/large-4a3100b05c98bc3a95140942835b3549.png" data-gid="gid://syiq/Photo/327353">

45m Abeking Rasmussen superyacht Bravado for sale

The 44.9-metre Abeking Rasmussen superyacht Bravado is for sale in a joint CA with  Fraser and RYacht Management.

35-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 115 Sport motor yacht <a data-gid="gid://syiq/Yacht/5671" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maoro35.0m (114'10&quot;)Sunseeker2013">Maoro</a> is on the market with brokers Jeremy Comport and Jack Gradus of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.<img src="https://photo-assets.superyachttimes.com/photo/309710/image/large-1176d5f76a7899db6a5bcc119eec3f97.jpg" data-gid="gid://syiq/Photo/309710">Delivered in 2013, the <a href="https://www.superyachttimes.com/yachts/maoro" rel="noopener noreferrer" target="_blank" title="">yacht for sale Maoro</a>, previously named Zozo, was last refitted in 2024. Maoro&nbsp;was last sold in 2021.<img src="https://photo-assets.superyachttimes.com/photo/327179/image/large-c93d8f31cd17b7e8322661fe9e336176.jpg" data-gid="gid://syiq/Photo/327179">Maoro&nbsp;is a flybridge yacht with a grp hull and superstructure. The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior and interior design, as well as naval architecture all penned in house by <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>.<img src="https://photo-assets.superyachttimes.com/photo/327190/image/large-0cdfd202f2f37ead722808c50172414b.jpg" data-gid="gid://syiq/Photo/327190"><img src="https://photo-assets.superyachttimes.com/photo/327189/image/large-4602126ba23762646f6707a8c7b18abf.jpg" data-gid="gid://syiq/Photo/327189">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of 7.41 metres, a draft of 2.16 metres. With volume of 236 GT she is home to flexible accommodation for up to 10 guests in across five staterooms, which include a main deck master stateroom. <a data-gid="gid://syiq/Yacht/5671" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maoro35.0m (114'10&quot;)Sunseeker2013">Maoro</a> can also accomodate 5 crew members, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/309705/image/large-6a950841129f32a290795dcf1c728acf.jpg" data-gid="gid://syiq/Photo/309705"><img src="https://photo-assets.superyachttimes.com/photo/327185/image/large-8acdf53d220e157244560cb28e574d2e.jpg" data-gid="gid://syiq/Photo/327185">The <a href="https://www.superyachttimes.com/yachts/sunseeker/for-sale" rel="noopener noreferrer" target="_blank" title="">Sunseeker yacht for sale</a> offers a wide array of outdoor spaces for relaxation and entertainment. The flybridge is equipped with a bar, large dining table, and a Jacuzzi, making it ideal for social gatherings. The retractable hard top provides shade when needed, while the foredeck features a spacious sunpad and seating area for al fresco lounging.<img src="https://photo-assets.superyachttimes.com/photo/309696/image/large-9a58ccfcfe0cb0f7b6ea9118593c5214.jpg" data-gid="gid://syiq/Photo/309696"><img src="https://photo-assets.superyachttimes.com/photo/309700/image/large-99ae1fd091f77dafa03fe7b0fe95ad1e.jpg" data-gid="gid://syiq/Photo/309700"><a data-gid="gid://syiq/Yacht/5671" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maoro35.0m (114'10&quot;)Sunseeker2013">Maoro</a>’s garage is designed to store a tender, waverunners, and other water toys, ensuring guests have plenty of options for on-the-water fun.<img src="https://photo-assets.superyachttimes.com/photo/309692/image/large-2f9cf666f31c20b623808892c941fcc9.jpg" data-gid="gid://syiq/Photo/309692"><a href="https://www.superyachttimes.com/yachts/maoro" rel="noopener noreferrer" target="_blank" title="">The yacht for sale Maoro</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a cruising speed of 17 knots and a top speed of 23 knots.<img src="https://photo-assets.superyachttimes.com/photo/309693/image/large-b0d394f317045a2ca3c2d5662f265232.jpg" data-gid="gid://syiq/Photo/309693">

35m Sunseeker Maoro is for sale 

35-metre Sunseeker 115 Sport Maoro is on the market with brokers Jeremy Comport and Jack Gradus of Ocean Independence.

35m Sunseeker motor yacht Maoro for sale with Ocean Independence

<img src="https://photo-assets.superyachttimes.com/photo/327287/image/large-5e5ed399dacffe4083aa315b57365675.jpg" data-gid="gid://syiq/Photo/327287">Spotted yesterday anchored here in Cannes, France during the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, is the 90.1-metre superyacht <a data-gid="gid://syiq/Yacht/523" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nero90.1m (295'7&quot;)Corsair Yachts2007">Nero</a>. Launched in 2007 by <a data-gid="gid://syiq/Company/495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Corsair Yachts (Company)">Corsair Yachts</a>, <a data-gid="gid://syiq/Yacht/523" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nero90.1m (295'7&quot;)Corsair Yachts2007">Nero</a>'s exterior, designed by <a data-gid="gid://syiq/Company/1398" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neil Taylor (Company)">Neil Taylor</a>, is adorned with Burmese teak, giving her a vintage feel. Inside, she offers an opulent experience for up to 12 guests, with six staterooms, including an expansive owner's suite styled like a duplex apartment. On deck, guests can enjoy alfresco dining, a five-metre swimming pool, and a Jacuzzi, ensuring the ultimate experience of relaxation and entertainment. The 1,384 GT yacht also features a gym, a library, and a fully-equipped cinema with a drop-down screen, perfect for onboard movie nights. Powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> diesel engines, <a data-gid="gid://syiq/Yacht/523" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nero90.1m (295'7&quot;)Corsair Yachts2007">Nero</a> can reach a top speed of 17 knots, with a cruising speed of 13.5 knots and a range of over 4,500 nautical miles.&nbsp;

90m Corsair superyacht Nero in Cannes

The 90m superyacht Nero, built by Corsair in 2007, is seen anchored here in Cannes, France. 

Taking place between 10 to 15 September 2024, <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a> is one of the largest yachting shows in Europe and offers the perfect opportunity to announce the latest news in the industry.&nbsp;SuperYacht Times takes a look at some of the largest announcements from this year’s show, to make sure you are up-to-date with all the latest industry news!You can read more about the <a data-gid="gid://syiq/Article/61185" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachts attending the Cannes Yachting Festival 2024 (2024-08-05 16:30:00 +0200)">yachts attending this year's show here</a>.<img src="https://photo-assets.superyachttimes.com/photo/327083/image/large-51c9cd9e876668d7724d11e86dc7f533.jpg" data-gid="gid://syiq/Photo/327083"><a data-gid="gid://syiq/Article/61455" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft unveils new in-build 32m Majesty 100 Terrace yacht with Phathom Studio (2024-09-12 12:30:00 +0200)">Gulf Craft unveils new in-build 32m Majesty 100 Terrace yacht with Phathom Studio</a><a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> has unveiled the first renderings for the new in-build 32.25-metre <a target="_blank">Majesty 100 Terrace</a> motor yacht. Designed in collaboration with <a data-gid="gid://syiq/Company/5530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phathom Studio (Company)">Phathom Studio</a>, the <a target="_blank">Majesty 100 Terrace</a> draws on inspiration from the award-winning Majesty 111 model, while reimagining the Majesty 100 platform.<a data-gid="gid://syiq/Article/61455" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft unveils new in-build 32m Majesty 100 Terrace yacht with Phathom Studio (2024-09-12 12:30:00 +0200)">Find out more about the Majesty 100 Terrace yacht here</a>.<a data-gid="gid://syiq/Article/61452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker unveils the new 94 Yacht model (2024-09-12 12:00:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/327120/image/large-0dbd2fbef09856719498a8bac0733d7c.jpg" data-gid="gid://syiq/Photo/327120">Sunseeker unveils the new 94 Yacht model</a><a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> has announced the launch of the 94 Yacht at the 2024 <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a>. The <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 94 Yacht is conceived as a tranquil retreat, featuring a new interior aesthetic distinguished by a unique, carefully selected palette from <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>.<a data-gid="gid://syiq/Article/61452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker unveils the new 94 Yacht model (2024-09-12 12:00:00 +0200)">Discover more about the Sunseeker 94 yacht here.</a><img src="https://photo-assets.superyachttimes.com/photo/327205/image/large-ba17d55b37d1db25a59319dda87a7db6.jpg" data-gid="gid://syiq/Photo/327205"><a data-gid="gid://syiq/Article/61451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CdM announces 31m Giorgio Cassetta RAW explorer yacht with first hull sold (2024-09-12 10:30:00 +0200)">CdM announces 31m Giorgio Cassetta RAW explorer yacht with first hull sold</a><a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has unveiled the first renderings of a new 31.08-metre explorer yacht model, RAW. Described by <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> as the first model in the new RAW series, the tri-deck yacht has been designed in collaboration with designer Giorgio M. Cassetta of <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>. <a data-gid="gid://syiq/Article/61451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CdM announces 31m Giorgio Cassetta RAW explorer yacht with first hull sold (2024-09-12 10:30:00 +0200)">Find out more about RAW here</a>.<img src="https://photo-assets.superyachttimes.com/photo/326764/image/large-b92c0525ce9f63b22451bcee993029fb.jpg" data-gid="gid://syiq/Photo/326764"><a data-gid="gid://syiq/Article/61441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts unveils new flagship Ultima 111 yacht with Phathom Studio (2024-09-11 10:00:00 +0200)">Sunreef Yachts unveils new flagship Ultima 111 yacht with Phathom Studio</a> <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> has unveiled a new flagship Ultima model at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, the Ultima 111. Designed in collaboration with <a data-gid="gid://syiq/Company/5530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phathom Studio (Company)">Phathom Studio</a>, the new catamaran is one of just a handful in the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> portfolio that features design outside of the company’s in-house team.<a data-gid="gid://syiq/Article/61441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts unveils new flagship Ultima 111 yacht with Phathom Studio (2024-09-11 10:00:00 +0200)">Read more about the Ultima 111 yacht here</a>. <img src="https://photo-assets.superyachttimes.com/photo/326870/image/large-4ff7b0fb8b27ea2483aeb2380b7d1e3d.png" data-gid="gid://syiq/Photo/326870"><a data-gid="gid://syiq/Article/61445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Austin Parker unveils the design of the new 30m navetta ICONICA 100 (2024-09-11 13:45:00 +0200)">Austin Parker unveils the design of the new 30m navetta Iconica 100</a><a data-gid="gid://syiq/Company/5681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Austin Parker Yachts (Company)">Austin Parker</a> introduced the Iconica 100, the latest addition to its new range of yachts at <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>. All models are developed in collaboration with <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a> and <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni Design Studio</a>, with the Iconica 100 unveiled during the show.Discover more about the <a data-gid="gid://syiq/Article/61445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Austin Parker unveils the design of the new 30m navetta ICONICA 100 (2024-09-11 13:45:00 +0200)">new series here</a>.<a data-gid="gid://syiq/Article/61450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut|Benetti Group reports 55% revenue growth since 2020 (2024-09-11 18:15:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/296190/image/large-463b0553fa710aae2473780ce9247995.jpg" data-gid="gid://syiq/Photo/296190">Azimut|Benetti Group reports 55% revenue growth since 2020</a>During the <a data-gid="gid://syiq/Article/61450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut|Benetti Group reports 55% revenue growth since 2020 (2024-09-11 18:15:00 +0200)">Azimut|Benetti Group</a> press conference at <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, the shipyard disclosed its financial results for the past yachting season, with figures confirming a steady upward trend. &nbsp;<a data-gid="gid://syiq/Article/61450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut|Benetti Group reports 55% revenue growth since 2020 (2024-09-11 18:15:00 +0200)">Find out more about the results here</a>. <img src="https://photo-assets.superyachttimes.com/photo/326471/image/large-57f1ee80e6deea578ad38974f57ac284.jpg" data-gid="gid://syiq/Photo/326471"><a data-gid="gid://syiq/Article/61425" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht (2024-09-10 08:30:00 +0200)">Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht</a>The first interior images of the groundbreaking 49.99-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> superyacht <a data-gid="gid://syiq/Yacht/11733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almax49.99m (164'0&quot;)Sanlorenzo2024">Almax</a> were unveiled at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>. Launched as part of the 50Steel series, <a data-gid="gid://syiq/Yacht/11733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almax49.99m (164'0&quot;)Sanlorenzo2024">Almax</a> is the first superyacht in the world to feature a green methanol fuel cell system, developed by the shipyard in collaboration with <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens (Company)">Siemens Energy</a>.You can <a data-gid="gid://syiq/Article/61425" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht (2024-09-10 08:30:00 +0200)">see all the images of Almax here</a>.<a data-gid="gid://syiq/Article/61428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo plans to acquire Viareggio shipyard for new 40m Nautor Swan yacht (2024-09-10 10:45:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/326529/image/large-6ee3e933ce2f68982afaac99e4bf3877.jpg" data-gid="gid://syiq/Photo/326529">Sanlorenzo plans to acquire Viareggio shipyard for new Nautor Swan maxi yacht</a><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is negotiating the acquisition of a shipyard in Viareggio, where it plans to build a new <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> maxi yacht. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also plans to extend production beyond 40-metres, using aluminium at the new yard.Find out <a data-gid="gid://syiq/Article/61428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo plans to acquire Viareggio shipyard for new 40m Nautor Swan yacht (2024-09-10 10:45:00 +0200)">more about the plans here</a>.<img src="https://photo-assets.superyachttimes.com/photo/326707/image/large-c3976a8885eac83f845146d17853cd61.jpg" data-gid="gid://syiq/Photo/326707"><a data-gid="gid://syiq/Article/61435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group reveals plan for 25 new models between 2024 and 2026 (2024-09-10 16:30:00 +0200)">Ferretti Group reveals plan for 25 new models between 2024 and 2026</a>The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, that it will be introducing 25 new models to its portfolio from 2024 to 2026. These models will be introduced across the company's seven brands, which include <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>.<a data-gid="gid://syiq/Article/61435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group reveals plan for 25 new models between 2024 and 2026 (2024-09-10 16:30:00 +0200)">Learn more about the models here</a>.<a data-gid="gid://syiq/Article/61433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts unveils the new 27m Princess X90 model (2024-09-10 15:00:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/326661/image/large-1eb14481e335c289aa5afbd4759cf48c.jpg" data-gid="gid://syiq/Photo/326661">Princess Yachts unveils the new 27m Princess X90 model</a><a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> has unveiled first renderings of its new 27-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> X90 model, which plans to expand on its current X class range. This latest addition serves as an alternative to the X80 and the flagship X95 Vista.Read more about the <a data-gid="gid://syiq/Article/61433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts unveils the new 27m Princess X90 model (2024-09-10 15:00:00 +0200)">Princess X90 yacht here</a>.<a data-gid="gid://syiq/Article/61437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doggersbank unveils two new explorer models (2024-09-10 18:15:00 +0200)"><img src="https://photo-assets.superyachttimes.com/photo/326712/image/large-605e9a25822c8b4e1fa77271ad9a6e06.jpg" data-gid="gid://syiq/Photo/326712">Doggersbank unveils two new explorer models</a>Doggersbank, in partnership with its European partner <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, has unveiled two new additions to its explorer series at the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival</a>: the Doggersbank 90 Offshore and 105 Offshore.Explore more about the <a data-gid="gid://syiq/Article/61437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doggersbank unveils two new explorer models (2024-09-10 18:15:00 +0200)">Doggersbank 90 Offshore and 105 Offshore here</a>.

Everything you might have missed from Cannes Yachting Festival 2024

SuperYacht Times takes a look at some of the largest announcements from Cannes Yachting Festival 2024, to make sure you are up-to-date.

Day 3: Everything you might have missed from Cannes Yachting Festival 2024

The 26.7-metre <a data-gid="gid://syiq/Company/104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jongert Yachts (Company)">Jongert</a> sailing yacht <a data-gid="gid://syiq/Yacht/4233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Babe Ruth26.7m (87'7&quot;)Jongert Yachts2003">Babe Ruth</a>, previously named Sea Rose Star, has been sold in-house. Manfred Haas of <a data-gid="gid://syiq/Company/1280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Haas International (Company)">Haas International</a> represented both the buyer and the seller. <img src="https://photo-assets.superyachttimes.com/photo/251217/image/large-962ebe999f6832a2882a68fafb7a52f3.jpeg" data-gid="gid://syiq/Photo/251217">Delivered in 2003, <a data-gid="gid://syiq/Yacht/4233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Babe Ruth26.7m (87'7&quot;)Jongert Yachts2003">Babe Ruth</a> features both exterior design and naval architecture by <a data-gid="gid://syiq/Company/342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doug Peterson (Company)">Doug Peterson</a>, while her interior was penned by <a data-gid="gid://syiq/Company/445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peter Sijm (Company)">Peter Sijm</a>. She can accommodate up to six onboard across three staterooms, as well as three crew members, including the captain.<img src="https://photo-assets.superyachttimes.com/photo/251227/image/large-bf9314c82617534565a444e4e3a9d93b.jpeg" data-gid="gid://syiq/Photo/251227"><img src="https://photo-assets.superyachttimes.com/photo/251228/image/large-6b2d84162ca6f3e8fabc5a10f5b8a9bd.jpeg" data-gid="gid://syiq/Photo/251228"><a data-gid="gid://syiq/Yacht/4233" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Babe Ruth26.7m (87'7&quot;)Jongert Yachts2003"><img src="https://photo-assets.superyachttimes.com/photo/251229/image/large-6e39275d705907fc650ac9a51f1cb083.jpeg" data-gid="gid://syiq/Photo/251229">Babe Ruth</a> has an aluminium hull and superstructure. Performance-wise, she is powered by a single <a data-gid="gid://syiq/Company/1470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scania (Company)">Scania</a> engine, which gives her a cruising speed of 9 knots and a top speed of 10.5 knots. <img src="https://photo-assets.superyachttimes.com/photo/251226/image/large-4cbc5ebc559dc28435b5f59c8c3bbb63.jpeg" data-gid="gid://syiq/Photo/251226"><img src="https://photo-assets.superyachttimes.com/photo/251225/image/large-d84bc248e9983b001b383c274e3718f8.jpeg" data-gid="gid://syiq/Photo/251225"><img src="https://photo-assets.superyachttimes.com/photo/251222/image/large-af1d49be1f2e1068a9daee857915c936.jpeg" data-gid="gid://syiq/Photo/251222"> She had a last known asking price of €2,000,000.<img src="https://photo-assets.superyachttimes.com/photo/251218/image/large-d18422356650658ad178528c90639796.jpeg" data-gid="gid://syiq/Photo/251218">

27m Jongert sailing yacht sold in-house

The 26.7-metre Jongert sailing yacht Babe Ruth has been sold, with Haas International representing both the buyer and the seller.

Mergers & Acquisitions

NEXT Yachting announces merger with Seaminds