After careful examination of the market and the various products available, starting with 2013 model year, Alexander Marine, the manufacturer of Ocean Alexander yachts, has decided to paint all 2013 models exclusively with Alexseal products.<img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/140350/image/large-0bd745524a5927c979839f3e8e3fb184.jpg" data-gid="gid://syiq/Photo/139934">Traditionally, builders had to choose between a hard to scratch yet hard to repair polyester based system or an easy to repair yet easy to scratch acrylic based system. The innovative paint line from Alexseal has solved this issue and provides both a hard to scratch and easy to repair surface. In taking a step towards constant improvement, Alexander Marine made investments to build dedicated paint booth facilities at the factories in both Taiwan and China, to allow the application and use of the entire paint line. The current capacity will allow Alexander Marine to paint 3 yachts concurrently. Ocean Alexander +1 206 344 8566 <a href="mailto:sally@oceanalexander.com?subject=Ocean%20Alexander%20on%20SuperYachtTimes.com">sally@oceanalexander.com</a> <a target="_blank" href="http://www.oceanalexander.com/">www.oceanalexander.com</a>Alexseal Yacht Coatings +49 (0) 4075 1030 <a href="mailto:sales@alexseal.com?subject=Article%20on%20SuperYachtTimes.com">sales@alexseal.com</a> <a target="_blank" href="http://www.alexseal.com/">www.alexseal.com</a>

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Ocean Alexander switches to Alexseal paint

The <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">International Superyacht Society</a> (ISS), has announced the launch of the <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> Talent Pledge, to tackle the growing skills gap within the superyacht industry. It aims to do so by encouraging members to share knowledge, open doors, and provide opportunities for the next generation of professionals.<img src="https://photo-assets.superyachttimes.com/photo/326885/image/large-c8bc6b91d089c7871c339e0e78fedc9f.jpg" data-gid="gid://syiq/Photo/326885"><a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> President Erin Ackor stated, “Together, we have the power to address this critical challenge. By uniting our efforts, we can make a lasting impact on the future of our industry. We encourage all our members to take the first step today by signing our Talent Pledge.”The&nbsp;<a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a>&nbsp;Talent Pledge CommitmentEach company that signs the pledge agrees to support the development of young talent within its organisation by implementing one or more of the following actions:Engage: Collective action to cocreate talent<ul><li>Actively participate in existing programs such as ‘Junior Achievement’s Sea the World’ or the programs offered by the Marine Industries Association of South Florida (MIASF or equivalent organisations).</li><li>Speak at local schools or universities about opportunities in the superyacht sector.</li><li>Create webinars promoting industry careers to reach a wider audience.</li></ul>Quality job opportunities for new talent&nbsp;<ul><li>Create job openings at all levels within their company.</li><li>Develop strategies that enable less experienced team members to learn from more seasoned professionals.</li></ul>Work-based learning<ul><li>Offer internships or apprenticeships in the field.</li><li>Build a Continuous Professional Development Program to educate new team members at all levels within the organisation.</li><li>Invite outside speakers to talk to their team.</li><li>Allocate a budget to enable promising new talent to attend conferences and shows.</li></ul>Career paths<ul><li>Implement career paths to encourage longevity within the industry.</li><li>Start a mentoring program.</li><li>Support crew members with transferable skill development for movement ashore and ensure crew onboard are aware of opportunities.</li></ul>“With the Talent Pledge, we aimed to encourage superyacht companies around the globe to attract and retain new talent in our industry," emphasised Abi McGrath, Chair of the <a data-gid="gid://syiq/Company/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Superyacht Society (Company)">ISS</a> Talent Pledge.

International Superyacht Society launches Talent Pledge

The International Superyacht Society (ISS), has announced the launch of the ISS Talent Pledge.

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>.<img src="https://photo-assets.superyachttimes.com/photo/326707/image/large-c3976a8885eac83f845146d17853cd61.jpg" data-gid="gid://syiq/Photo/326707">Hosted by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Alberto Galassi, alongside Chief Commercial Officer Stefano de Vivo, the duo teased a selection of the new models, which includes several yachts which are due to make their debut at the upcoming shows this season.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> announced that they had a fleet of 21 boats attending this year’s <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> with no less than six premieres from the <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/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/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</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> and <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> brands.This comes amidst <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s recent appointment of the new Chairman of the Board of Directors, Jiang Kui.&nbsp;Alberto Galassi, CEO of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, expressed the company's ambition to exceed its previous achievements by launching more than its 2021 to 2023 benchmark of 24 new models. Galassi highlighted the firm's aggressive investment strategy, noting that <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has allocated €77 million to its expansion efforts in just the first half of 2024.&nbsp;During the press conference, Galassi noted that 52 percent of clients were repeat customers from across the seven brands, with the new models aimed at bridging the gap between the current existing fleet.&nbsp;Amongst the new models announced were the wallywhy100, which will be making her world premiere 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> and the <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 38 and wallywind110, with more details due to be announced on these models soon.Other notable models due to join the fleet include, a new <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> model which will sit in size between the 860 and 1000 model and the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> 940, which has already seen three hulls sold since its recent private preview. &nbsp;The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> will also see new models in its <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> brand, with the addition of the 54 Metri project and the 112 DolceVita Super yacht, which features exterior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana</a>.&nbsp;

Ferretti Group reveals plan for 25 new models between 2024 and 2026

The Ferretti Group has announced at the Cannes Yachting Festival 2024, that it will be introducing 25 new models to its portfolio from 2024 to 2026.

<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 40-metre <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. In addition, new <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> offices will be built in Rapallo, Italy.This announcement was made by CEO Massimo Perotti, alongside <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Chairman Leonardo Ferragamo, onboard the 50-metre <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>&nbsp;during a press briefing 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>.<img src="https://photo-assets.superyachttimes.com/photo/326529/image/large-6ee3e933ce2f68982afaac99e4bf3877.jpg" data-gid="gid://syiq/Photo/326529">Two distinct brand identitiesDespite the acquisition, Perotti made it clear that the two brands will remain distinct. “One is a motor yacht builder, the other a sailing yacht manufacturer. They’ll never share offices or sales networks, and you won’t see them together at boat shows. They will remain two distinct mono-brands,” stated Perotti during the press conference. <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> will maintain its operations in Finland, while Ferragamo will retain his role as chairman and join <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> as vice president. <img src="https://photo-assets.superyachttimes.com/photo/326530/image/large-b55157a3c4800e17e5cf55e5f4ec035d.jpg" data-gid="gid://syiq/Photo/326530">Sanlorenzo expects to boost <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>’s profitability through better procurement and production efficiencies. Perotti highlighted how improving lead times for yacht construction could lead to higher EBITDA margins, benefiting from Sanlorenzo’s supply chain strength. However, production will remain in Finland, ensuring <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>’s heritage and expertise stay intact. <img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779"><a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> celebrated for its Swan, Maxi Swan, and ClubSwan sailing yachts, along with its Shadow and Arrow motor yachts, now partners with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to form a powerhouse in the luxury yachting world. Four <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> maxi yachts have already been sold this summer. Both companies are known for their commitment to quality, innovation, and sustainability. This partnership aims to merge the strengths of motor and sailing yachts into a new market segment, underlining both brands’ leadership in eco-friendly yachting.Synergy in sustainability<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has pioneered sustainable technology in the industry, focusing on carbon neutrality, with goals of using green hydrogen and methanol in their yachts. The collaboration with <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, which shares similar values, highlights <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s dedication to creating a future with sustainable luxury yachts.<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s commitment to sustainability continues to drive its strategy, as the company leads efforts to reduce the environmental impact of recreational boating. Collaborating with industry leaders like Siemens Energy, Volvo Penta, and Rolls-Royce, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is pushing boundaries to achieve carbon neutrality by 2030.<img src="https://photo-assets.superyachttimes.com/photo/326473/image/large-f5c916eb19f1d02248f4a612d87641bc.jpg" data-gid="gid://syiq/Photo/326473">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>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> unveiled two major eco-friendly milestones: the delivery of the 50Steel superyacht, the world’s first to feature a green methanol Reformer Fuel Cell system, and the launch of the hydrogen-powered chase boat BGH-HSV, designed for the <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup - 2024 - 37th America's Cup Barcelona">America’s Cup</a>. Both vessels represent significant advances in reducing carbon emissions, with the 50Steel capable of staying at anchor for 85 percent of its time emission-free, slashing annual emissions by up to 30 percent.<ul><li style="font-style: italic;">Read:&nbsp;<a href="https://www.superyachttimes.com/yacht-news/sanlorenzo-50steel-yacht-almax-interiors" rel="noopener noreferrer" target="_blank" title="">Interiors of Almax unveiled, Sanlorenzo’s methanol fuel cell yacht</a></li></ul><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has ambitious plans for the future, including the debut of bi-fuel engines by 2027, which will run on 80 percent methanol and 20 percent diesel. “By 2030, we aim for full methanol-powered yachts, but this will require infrastructure changes across Europe,” said Perotti during the press conference.New Sanlorenzo models<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s Bluegame division continues to spearhead sustainability efforts, unveiling the innovative <a data-gid="gid://syiq/YachtModel/13303" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame BGM7522.7m (74'6&quot;)">BGM75</a> at <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes</a>. This multihull yacht, designed with fuel efficiency in mind, sets new standards in eco-conscious yachting. The <a data-gid="gid://syiq/YachtModel/13303" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame BGM7522.7m (74'6&quot;)">BGM75</a>, developed with Smart Gyro stabilisers and featuring an optimised hull design by Philippe Briand, significantly reduces CO2 emissions. Looking ahead, Bluegame is working on the BGM65HH, a hydrogen-hybrid multihull yacht expected to debut in 2027.<img src="https://photo-assets.superyachttimes.com/photo/326534/image/large-43223a2b1bef25aa56865cdb42c31ae3.jpg" data-gid="gid://syiq/Photo/326534"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also revealed new models 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>, including the world premieres of the <a data-gid="gid://syiq/Yacht/13947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SL86A/86026.6m (87'3&quot;)Sanlorenzo2024">SL86A</a> and <a data-gid="gid://syiq/YachtModel/13070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SP9227.95m (91'8&quot;)">SP92</a>. The <a data-gid="gid://syiq/Yacht/13947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SL86A/86026.6m (87'3&quot;)Sanlorenzo2024">SL86A</a> showcases a reimagined asymmetry design, maximising space and enhancing the connection with the sea, while the <a data-gid="gid://syiq/YachtModel/13070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SP9227.95m (91'8&quot;)">SP92</a> focuses on high performance with a commitment to sustainability.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/326535/image/large-b93a0dcc612ac803af0034bce842a058.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240910%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240910T103623Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=72d6020334c25c369e5ef01c5a582500e47521c548dfdd1822271c4fc4a81f1d" data-gid="gid://syiq/Photo/326535">In addition, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> displayed a wide array of yachts from its current lineup, including the <a data-gid="gid://syiq/Yacht/13947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SL86A/86026.6m (87'3&quot;)Sanlorenzo2024">SL96A</a>, <a data-gid="gid://syiq/YachtModel/12731" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SX10030.53m (100'2&quot;)">SX100</a>, and <a data-gid="gid://syiq/YachtModel/8934" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SD11835.75m (117'3&quot;)">SD118</a>, showcasing the company’s versatile offerings in the luxury yachting market.

Sanlorenzo plans to acquire Viareggio shipyard for new 40m Nautor Swan yacht

Sanlorenzo is negotiating the acquisition of a shipyard in Viareggio, where it plans to build a new 40-metre Nautor Swan maxi yacht. 

The <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority</a> (<a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>) has introduced Saudi Arabia’s first regulation specifically governing yacht activities within its territorial waters. This new regulation provides a comprehensive framework for managing yacht operations, detailing the necessary requirements and conditions, and overseeing the issuance of tourism and leisure licences. It also emphasises environmental protection, sustainability, and compliance with safety standards, reflecting <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s commitment to promoting a sustainable coastal tourism sector.<img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">Aligned with <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s mandate, the regulation establishes service standards and guidelines for coastal tourism activities, ensures the protection of the marine environment in the Red Sea, and aims to foster greater engagement among both practitioners and enthusiasts. These efforts are designed to enhance user experiences and support the sustainable growth of the coastal tourism sector.The regulation sets out the conditions and procedures for issuing technical licences for leisure tourism, specifying the criteria required for yacht owners or authorised maritime tourism agents. It further defines the requirements for obtaining tourism chartering licences, which include the involvement of a licensed maritime tourism agent or yacht management company, a signed contract between the agent and the charterer, secure marina-to-yacht access, and an onboard safety guide tailored for tourism charters.Additionally, the regulation details the procedures for obtaining a tourism trip permit within Saudi Arabia's Red Sea waters, including mandatory documentation such as passenger information, sailing destinations, and the chartering contract.Regarding water toys, the regulation requires obtaining the necessary approvals and licences for activities such as recreational fishing, diving, and other similar pursuits. It mandates a clear usage guide for all water-based activities, a comprehensive response plan outlining rescue and first aid procedures, the provision of life jackets, and designated activities for children.The regulation also mandates the issuance of required licences, sets specifications for chartering yachts, and ensures that all safety and environmental protection measures are upheld on board. It further emphasises the rights of people with disabilities, promotes the preservation of the marine environment by minimising plastic use and preventing pollution, requires adherence to safe navigation guidelines, and ensures that charterers comply with the terms of their contracts.The introduction of the new regulation coincides with the launch of SRSA’s awareness campaign, “More Than a Sea,” through which the Authority underscores its role in developing a thriving coastal tourism sector. The campaign highlights <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>'s efforts in setting policies, strategies, plans, programmes, and initiatives essential for regulating navigational and marine tourism activities, as well as issuing licences and permits.

Saudi Red Sea Authority issues first yacht regulations

The Saudi Red Sea Authority has introduced Saudi Arabia’s first regulation governing yacht activities within its territorial waters.

In their most recent financial disclosure, the Board of Directors of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> examined and approved the consolidated half-year financial report as of 30 June 2024.<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979">Summary<ul><li>In the first half of 2024, net revenues from new yacht sales, identified as 'Net Revenues New Yachts,' amounted to €415.1 million, a 6.9% increase from €388.4 million during the same period in 2023. The breakdown by region indicates varied performance: revenues in the Americas grew by 9.2%, while the Asia-Pacific (APAC) region saw an increase of 20.9%. The Middle East and Africa (MEA) region recorded a significant rise of 142.0%. In contrast, Europe registered a decline of 9.9%. </li><li>EBITDA reached €74.2 million, marking a 9.7% increase from €67.7 million in the first half of 2023. This resulted in an EBITDA margin of 17.9% on Net Revenues from New Yachts, an improvement of 50 basis points. </li><li>EBIT stood at €58.0 million, reflecting a 9.1% increase from €53.1 million in the first half of 2023. This corresponds to a 14% margin on Net Revenues from New Yachts, which is an increase of 30 basis points. </li><li>Group Net Profit reached €43.6 million, an increase of 11.6% compared to €39.0 million in the first half of 2023. This resulted in a net profit margin of 10.5% on Net Revenues from New Yachts, up by 40 basis points. </li><li>Organic Net Capex was reported at €20.5 million, accounting for 4.9% of Net Revenues from New Yachts, with approximately 90% allocated to expanding industrial capacity and developing new models and product lines. Additionally, net investments tied to the consolidation of the <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group totaled €12.6 million, resulting in a Total Net Capex of €33.1 million for the period. </li><li>The Net Cash Position stood at €102.2 million, following a dividend payout of €34.3 million in the second quarter. Despite the financial impacts of acquiring the <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group and the non-recurring cash absorption for normalising working capital, the balance sheet remains robust. Without these factors, the net cash position would have been €126.1 million, underscoring the company’s strong liquidity and continued capacity for investment opportunities. </li><li>The gross backlog stood at €1,364.6 million, consistent with the record levels maintained in previous years on the same date. Of this, €741.2 million is allocated for 2024, covering 83% of the annual guidance, with the remaining €623.4 million scheduled for distribution in subsequent years. This backlog provides an exceptional level of visibility, with 88% of it comprising orders from final clients. </li><li>The order intake reached €323.0 million. This level was achieved despite the transient effects of implementing and ramping up a direct distribution strategy, which included acquiring <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> and incorporating <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> MED. These changes introduced an additional delay between sell-in and sell-out phases. As of 30 June 2024, the net backlog stood at €950.0 million, exceeding one times the annual revenues and substantially surpassing pre-Covid 'normal' levels.</li></ul>Massimo Perotti, Chairman and CEO, stated: “In the first half of 2024 and until today, we have faced and overcome several challenges with determination and a dynamic approach, fully reflected in our positive results. First and foremost, we have maintained our planned growth trajectory, further expanding margins and consolidating a robust net backlog, in the context of a complex and uncertain global macroeconomic and geopolitical environment, from which even high-end luxury has not been immune.”<img src="https://photo-assets.superyachttimes.com/photo/319400/image/large-61e24b536e7293fae90291fd0d189ce5.jpg" data-gid="gid://syiq/Photo/319400">Consolidated net revenues new yachtsIn the first half of 2024, net revenues from new yachts reached €415.1 million, representing a 6.9% increase from €388.4 million in the same period of the previous year.The Yacht Division recorded net revenues of €241.7 million, a slight increase of 1% compared to €239.3 million in the first half of 2023.The Superyacht Division reported net revenues of €124.4 million, a growth of 17.6% from €105.8 million in the same period of 2023, driven by strong performance in the Alloy and Steel lines.Meanwhile, the Bluegame Division achieved net revenues of €49.0 million, up 13.1% from €43.2 million in the first half of 2023, supported by the continued success of the BGX73 model.The geographical breakdown reveals a rebound in the Americas, with revenues increasing by 9.2%. The Asia-Pacific (APAC) region recorded growth of 20.9%, excluding Greater China, while the Middle East and Africa (MEA) region saw sustained growth of 142.0%. Europe experienced a decline of 9.9%, attributed to a strong comparison base from the first half of 2023, which saw a significant increase of 37.1% compared to the first half of 2022.Consolidated operating and net resultsEBITDA reached €74.2 million, a 9.7% increase from €67.7 million in the first half of 2023, with a margin of 17.9% on net revenues from new yachts, up by 50 basis points.EBIT reached €58 million, a 9.1% increase from €53.1 million in the first half of 2023, with a margin of 14% on net revenues from new yachts, up by 30 basis points. This growth reflects the impact of recent investments in product development, increased production capacity, and recent acquisitions.Pre-tax profit amounted to €60.4 million, up by 11.6% compared to €54.1 million in the first half of 2023.Group net profit reached €43.6 million, up by 11.6% compared to €39.0 million in the first half of 2023. The margin on Net Revenues New Yachts is equal to 10.5%, up by 40 basis points compared to the same period of the previous year. <img src="https://photo-assets.superyachttimes.com/photo/289245/image/large-500b25b57fef38c2479f03d4e2bac261.jpg" data-gid="gid://syiq/Photo/289245">Consolidated balance sheet and financial resultsNet working capital was positive at €2.1 million as of 30 June 2024, compared to a negative €34.9 million on 31 December 2023 and a negative €75.6 million on 30 June 2023. This improvement reflects a return to the typical seasonality of the business, driven by (i) intensive fitting activity for yachts approaching the delivery season in the Mediterranean, and (ii) a normalised order intake aligned with typical first-half levels, resulting in lower customer advances following the post-Covid period.Inventories totaled €130.1 million, an increase of €44.6 million from 31 December 2023 and €41 million from 30 June 2023. This growth is primarily driven by raw materials and work-in-progress products, reflecting the expanding order backlog.&nbsp;Finished products amounted to €35.7 million, up by €13.6 million from year-end 2023, consisting of €25.3 million in pre-owned yachts and €10.3 million in new yachts awaiting delivery. Of the pre-owned yachts, mainly in the American market, €6.5 million pertains to yachts already sold for delivery in the coming months.Organic net investments in the first half of 2024 totalled €20.5 million, up from €13.1 million in the same period of the previous year, with around 90% allocated to expanding industrial capacity and developing new models and product lines. These investments represented 4.9% of net revenues from new yachts, reflecting a growing revenue base, while the average investment required for new model development remained stable. Including the consolidation of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group, total investments reached €33.1 million.The net cash position as of 30 June 2024 was €102.2 million, down from €140.5 million on both 31 December 2023 and 30 June 2023. This decrease reflects temporary cash absorption due to (i) the acquisition of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> Group, (ii) the normalisation of net working capital following intensive yacht fitting activity ahead of the Mediterranean delivery season and a return to typical first-half order levels post-Covid, and (iii) a dividend payment of €34.3 million.BacklogAs of 30 June 2024, the gross backlog was €1,364.6 million, slightly down from €1,421.1 million a year earlier. This includes €741.2 million allocated to 2024, covering 83% of the annual guidance, and €623.4 million assigned to future years, ensuring strong visibilityThe net backlog stood at €950 million, exceeding one year's revenue and remaining above pre-Covid levels.Order intake for the first half of 2024 totalled €323 million, with €168.1 million in the first quarter and €154.8 million in the second quarter. This reflects normalised levels consistent with typical first-half seasonality, despite the temporary effects of implementing a direct distribution strategy, including the acquisition of Simpson Marine and the launch of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> MED, which has extended the time between sell-in and sell-out.Guidance 2024While closely monitoring broader market conditions, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> reaffirms its organic guidance for 2024. This outlook now includes the contribution 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> Group for the five-month consolidation period from August to December.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">Commenting on the future outlook, Perotti stated: "We have successfully completed two innovative projects that mark key milestones in our ambitious journey towards more sustainable yachting. This summer, we delivered the 50Steel, equipped with a green methanol reformer-fuel cell system for on-board hospitality services, and two BGH tenders with hydrogen propulsion for America's Cup challengers.In line with our strategy for a sustainable product portfolio, the 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 early August demonstrates our ability to identify high-potential investment opportunities and integrate them with a long-term industrial vision consistent with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s philosophy. <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> is an extraordinary brand with which we can create significant synergies, contributing substantially to the Group's results. We move forward with great optimism, confident in our strength and the soundness of our strategic choices.”

Sanlorenzo reports H1 financial report

The Board of Directors of Sanlorenzo have examined and approved the consolidated half-year financial report as of 30 June 2024.

Sanlorenzo reports 11.6% increase in group net profit for H1

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 that Stefano de Vivo has departed from his position as Chief Commercial Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>.<img src="https://photo-assets.superyachttimes.com/photo/83726/image/large-dbe1fc34677b5128cb0f4de495c81226.jpg" data-gid="gid://syiq/Photo/83726">Stefano de Vivo will be leaving the role after serving the company for over a decade. Stefano de Vivo has decided to fully commit to his Family Office, where he will take on the role of CEO beginning 1 November 2024.Stefano de Vivo will remain connected to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> by providing technical consultancy to support the development of the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Sail business. Under his previous leadership, the Group has seen its revenues more than quadruple.“At my side for over a decade as Chief Commercial Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, Stefano thanks to his professionalism, dedication and expertise contributed to the achievement of the important goals that the Company has reached in recent years,” explained Alberto Galassi, CEO of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/312272/image/large-c91e06863903a886e2f3c779ad496fa9.jpg" data-gid="gid://syiq/Photo/312272">The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> will follow its established succession plan, with de Vivo collaborating closely with CEO Alberto Galassi and the Chief HR Officer to ensure a smooth transition.“De Vivo decided to leave to pursue other endeavours. On behalf of everyone at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, I thank him for his efforts, particularly in product development and sales, which have left our Group in excellent shape with a bright future ahead.”&nbsp;“Looking ahead, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, along with its organisation, new products range already defined for the coming years and highly capable management team, is ready to continue with the growth path already undertaken,” concluded Alberto Galassi.

Stefano de Vivo leaves role as Ferretti Group CCO & Managing Director of Wally

The Ferretti Group has announced that Stefano de Vivo has departed from his position as CCO of Ferretti Group and Managing Director of Wally.

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Ferretti Group announces Stefano de Vivo’s departure as CCO 

Turkish shipyard <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a> has announced that Özgün Utku Alanç has been appointed as General Manager of <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a>, following the retirement of former manager Gürkan Türkeş. <img src="https://photo-assets.superyachttimes.com/photo/278003/image/large-50c9ba5c8bcd8c379697259a8efe5a64.jpg" data-gid="gid://syiq/Photo/278003">Speaking in a statement posted online, Gürkan Türkeş commented: “10 years and two months...The time that has passed since I started working as a business development manager at <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a>.”“It may not seem like a long time, but since it has been very busy and full, when I look back, it feels like at least 20 years to me. Now it is time to hand over my duties as the General Manager of this distinguished institution.”Özgün Utku Alanç recently left his position as CEO of <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ARES Yachts (Company)">ARES Shipyard</a>, where he resigned from the role after around 11 years at the helm. “Over the course of the past decade, I’ve had the opportunity to interact with a diverse range of stakeholders and colleagues, many of whom have then become close friends,” he said.<img src="https://photo-assets.superyachttimes.com/photo/325088/image/large-f978631424e980782e55125ab4bc7f69.png" data-gid="gid://syiq/Photo/325088">“I’ll be excitedly taking on a new challenge in a different location to continue my journey in the industry and, of course, I’ll stay connected. Change is the only constant in life.”Özgün Utku Alanç left the company in August 2024, with the <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ARES Yachts (Company)">ARES</a> staff expressing their gratitude and satisfaction for his leadership. He will now take over the role at <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Marine</a> from Gürkan Türkeş.&nbsp;“His route will be growth and success,” concluded Gürkan Türkeş. “I believe that he will do more than what I have done, what I could not do, and what I did not have the opportunity to do. As it is said when leaving the bridge, I bid farewell by saying "may God bless you.”

Gürkan Türkeş retires from RMK Marine as Özgün Utku Alanç is appointed new General 

RMK Marine has announced that Özgün Utku Alanç has been appointed as General Manager, following the retirement of former manager Gürkan Türkeş.

Gürkan Türkeş retires as RMK Marine appoints Özgün Utku Alanç as new General Manager

In the most recent financial disclosure, the Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, the Italy-based yacht builder headquartered in Forlì, has reviewed and officially approved the financial results for the first half of 2024. <img src="https://photo-assets.superyachttimes.com/photo/311727/image/large-3fe9300677d874d5eb81b65be7e099d1.jpg" data-gid="gid://syiq/Photo/311727">Financial overview:<ul><li>Adjusted EBITDA: €96.7 million, an increase of 15.9% from H1 2023, with a profit margin of 15.8%, up by 110 basis points from the previous year. &nbsp;</li><li>Net Revenue from New Yachts: €611 million, marking a 7.7% rise compared to H1 2023. &nbsp;</li><li>Net Profit: €44 million, up 7.6% from H1 2023. &nbsp;</li><li>Order Intake and Backlog: Order intake for H1 stands at €514.4 million, showcasing a new growth trend in Q2; order backlog at €1.5 billion, up 6.0% as of 30 June 2023. &nbsp;</li><li>Net Financial Position: Reported net cash of €237 million as of 30 June 2024, an increase of approximately €31 million post-dividend payment of about €33 million.</li></ul>Order Intake:In the second quarter of 2024, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reported an overall H1 order intake of €514.4 million, reflecting a 10.4% decrease compared to the same period in 2023.Order intake by segment:<ul><li>The Composite Yachts segment recorded €161.6 million, representing 31.4% of the total order intake, a notable decrease from €262.6 million or 45.8% in the corresponding period of 2023.</li><li>This downturn contrasts with the Made-to-Measure yachts segment, which increased to €256.3 million from €240.8 million, growing to represent 49.8% of total orders.&nbsp;</li><li>Meanwhile, the Superyachts Segment saw a substantial rise, tallying €96.5 million and making up 18.8% of the order intake, up from just 9.1% the prior year.&nbsp;</li><li>Notably, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s other businesses segment recorded no new orders in the period, a decrease from the €17.9 million and 3.1% contribution noted in 2023.</li></ul>Order intake by geography:<ul><li>In the first half of 2024, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s geographical distribution of order intakes showcased significant shifts.</li><li>In Europe, orders amounted to €182 million, representing 35.4% of the total, a decrease from the previous year's €298.8 million, which accounted for 52.1%.&nbsp;</li><li>The Middle East and Africa (MEA) region saw a notable increase to €167.2 million, constituting 32.5% of the total, up from €103.9 million or 18.1% in 2023.&nbsp;</li><li>The Asia-Pacific (APAC) region experienced a sharp decline, with orders totaling just €7.0 million, about 1.4% of the total, compared to €47.7 million or 8.3% last year.</li><li>The Americas (AMAS), however, increased their share to €158.2 million or 30.8% of the total, up from €123.5 million or 21.5%.</li></ul>Order backlog:As of June 30, 2024, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s order backlog reached €1,495.8 million, marking a 6% increase from €1,410.5 million on the same date in 2023. This growth is attributed to the orders accumulated over the past year. Order backlog by geography:<ul><li>The Composite Yachts segment reached €350.1 million, accounting for approximately 23.4% of the total backlog, a slight decrease from €365.1 million or 25.9% in 2023.</li><li>The Made-to-Measure Yachts maintained a stable presence with €568 million, constituting roughly 38% of the backlog, marginally down from 38.7% the previous year.</li><li>The Super Yachts segment witnessed significant growth, reaching €521.9 million or 34.9% of the total, up from €442.3 million or 31.4% in 2023.&nbsp;</li><li>Meanwhile, the Other Businesses segment slightly declined to €55.8 million, representing about 3.7% of the backlog, compared to €56.9 million or 4% last year.</li><li>Net Backlog of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, representing total orders not yet delivered minus revenues already booked, stood at €785.7 million. This figure shows a slight decrease of 5.2% from €828.7 million as of March 31, 2024, and a 3% decline from €810.4 million recorded on June 30, 2023. Net revenue new yachts:</li></ul>In the first half of 2024, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s net revenue from new yachts rose by approximately 7.7%, reaching €611 million, up from €567.4 million in the same period of 2023. This increase can be attributed to the solid order backlog accumulated throughout 2023 and early 2024.Net revenue new yachts by segment:<ul><li>In H1 2024, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s Composite Yachts segment generated €265.5 million, accounting for approximately 43.5% of the total net revenue from new yachts, a rise from €241.6 million or 42.6% in H1 2023.&nbsp;</li><li>The Made-to-Measure Yachts contributed €232.7 million, representing about 38.1% of the total, slightly down from €226.2 million or 39.9% the previous year.&nbsp;</li><li>Super Yachts showed significant growth, reaching €82.5 million or 13.5% of the total, up from €64.8 million or 11.4%.</li><li>Revenue from Other Businesses totaled €30.4 million, making up approximately 5% of the total, a decrease from €34.8 million or 6.1% in H1 2023.</li></ul>Net revenue new yachts by geographic area:<ul><li>The Europe region generated €313 million in net revenue from new yachts, comprising approximately 51.2% of the total, up from €265.5 million or 46.8% in H1 2023.</li><li>The Middle East and Africa (MEA) region contributed €112.8 million, representing about 18.5% of the total, an increase from €88.5 million or 15.6% the previous year.&nbsp;</li><li>However, the Asia-Pacific (APAC) region saw a decrease, with revenues falling to €23.9 million, about 3.9% of the total, down from €57.5 million or 10.1%.&nbsp;</li><li>Meanwhile, the Americas (AMAS) region accounted for €161.3 million, or 26.4% of the total, slightly up from €155.9 million or 27.5% in H1 2023.</li></ul>Net profit:<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)"></a><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s profit increased by 7.6%, rising from €40.9 million in the first half of 2023 to €44 million in the same period of 2024.Investments in tangible and intangible assets:<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s investments in tangible and intangible fixed assets totalled €90.5 million. This expenditure included approximately €14.1 million allocated for the maintenance of operations and the existing product portfolio, and approximately €76.4 million dedicated to business expansion, predominantly for the commissioning of the Ravenna shipyard.Consolidated net financial position:&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>'s net financial position showed a net cash balance of €237 million, an increase from €205.7 million recorded on March 31, 2024.Net working capital:<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)"></a><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)"></a><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s net working capital stood at a negative €30.7 million, reflecting a decrease of €58.4 million from March 31, 2024. This change was primarily due to accelerated deliveries in anticipation of the Mediterranean season and the subsequent collection of final payment milestones.<img src="https://photo-assets.superyachttimes.com/photo/243240/image/large-c8d44c405138c49644ebabd8896f5e94.jpg" data-gid="gid://syiq/Photo/243240">Commenting on the result, Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>’s Chief Executive Officer, stated: “One year after the success of the double listing on the Hong Kong and Milan stock exchanges, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> confirms its growth. Margins reached 15.8%, the best result ever for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a>'s profitability, together with a net financial position of 237 million euros, improved by more than 30 million compared to last spring.&nbsp;The second quarter of 2024 also shows signs of long-term growth, including the consistent recovery in demand from the North American market, which grew by more than 28%. The season of the great European boat shows is now upon us and sees <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> present itself with a range of innovative products that are technologically advanced, attentive to sustainability and, as always, beautiful. Extraordinary boats that, we are sure, will once again be rewarded by the international market.”

Ferretti Group reports €611m net revenue from new yachts for H1 2024

Ferretti Group has reviewed and officially approved the financial results for the first half of 2024.

Dutch yacht builder <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has announced that Mark Cavendish has stepped down from his role, as they appoint Ruud van der Stroom as the new Chief Commercial Officer (CCO).<img src="https://photo-assets.superyachttimes.com/photo/324478/image/large-aa2afc69d4a4a937121f3082f22e5966.jpg" data-gid="gid://syiq/Photo/324478">Effective from 1 September, Ruud will undertake the position, bringing with him extensive experience and a unique background to the job role. Trained as a Dutch Royal Navy officer, Ruud studied Naval Architecture at the Naval Academy and Delft University of Technology.From there, Ruud spent several years in commercial shipping, with the past 16 spent of his career spent at Keppel Offshore and Marine and the <a data-gid="gid://syiq/Company/6617" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Shipyards (Company)">Damen Shipyards</a> Group, where he refined his expertise in the maritime industry.“This transition marks a significant milestone in my career,” explained Ruud van der Stroom. “My passion for yachting has been a lifelong pursuit, and joining such a prestigious shipyard feels like the perfect culmination of that journey.”<img src="https://photo-assets.superyachttimes.com/photo/53462/image/large-50d1759f2eb6dd43bdb547964990e63b.jpg" data-gid="gid://syiq/Photo/53462">Ruud will succeed Mark Cavendish, who will retire after an impressive 16 years with <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>. Mark has spent several years in the yachting industry and under his leadership, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> significantly expanded its reputation and sold numerous yachts ranging from semi-custom to fully custom designs.“We extend our heartfelt gratitude to Mark for his invaluable contributions. His vast experience and deep market knowledge have been instrumental in building a solid platform for Heesen continued success,” said Niels Vaessen, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s CEO.&nbsp;“We are excited to welcome Ruud to the team and look forward to the innovative direction he will bring as we continue to elevate our offerings in the luxury yacht market.”<img src="https://photo-assets.superyachttimes.com/photo/324472/image/large-337ae6224f66b1afe2c8dfc080e8ac3e.jpg" data-gid="gid://syiq/Photo/324472">

Heesen appoints Ruud van der Stroom as new CCO

Mark Cavendish steps down as Heesen's CCO, with Ruud van der Stroom taking over, marking a significant leadership change at the shipyard.

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Mark Cavendish steps down as Heesen appoints Ruud van der Stroom as new CCO

The history of Baglietto

 Justin Ratcliffe explore the past, present, and future of Baglietto’s 170 year history, including the 22 superyachts they currently have in-build.

Video: Celebrating the past, present and future of Baglietto

<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> have announced the appointment of Steven English as Chief Executive Officer of the company’s <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> subsidiary (<a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>).&nbsp;Steven English previously worked as a Managing Director at Island Capital Group, where he served in senior asset management, principal investment and special situations roles. Following that role, English transitioned to a career in management consulting, overseeing teams that closed upward of $10 billion in transactions.In terms of his education, English graduated from The American University and received a Master of Business Administration jointly from HEC School of Management Paris, New York University, and the London School of Economics.<img src="https://photo-assets.superyachttimes.com/photo/327988/image/large-130a506eba026e29a4b4942d71628c82.jpg" data-gid="gid://syiq/Photo/327988">“Over my long association with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>, I have had the privilege of working with a talented team dedicated to enhancing <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s position as the global leader in the marina industry, and delivering exceptional value to our clients and partners around the world,” English commented.&nbsp;Brett McGill, Chief Executive Officer and President of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> added: “Steve’s extensive international experience, proven industry leadership, and deep understanding of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s portfolio make him the ideal person to lead <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> into its next chapter of growth and innovation. Since joining <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> in 2007 he has contributed significantly to its success, helping extend our global reach to 23 marinas across 13 countries. Among his key accomplishments, Steve has spearheaded <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s expansion into key markets such as the Cote d’Azur and the Middle East, grown our <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> Trident Program, and advanced IGY’s strategic alliances and brand worldwide.”“As CEO, I look forward to building on our success through new projects, such as <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> Savannah Harbor Marina in the United States and Sindalah Island Marina, a new luxury destination in Saudi Arabia. These and other exciting initiatives embody the next phase of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s innovation and growth, and I’m thrilled to be leading that effort for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>,” English concluded.&nbsp;

Steven English appointed as IGY Marinas CEO 

MarineMax have announced that Steven English has been named as the Chief Executive Officer of the company’s IGY Marinas subsidiary (IGY). 


Steven English appointed as Chief Executive Officer of IGY Marinas

The new shipyard <a data-gid="gid://syiq/Company/7256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adele Yachts (Company)">Adele Yachts</a> have unveiled the first renderings of their 45-metre superyacht series. With the first two hulls in construction and hull one due for delivery in 2025, the <a data-gid="gid://syiq/Company/7256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adele Yachts (Company)">Adele Yachts</a> 45m series is listed on the market with Michel Chryssicopoulos of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. <img src="https://photo-assets.superyachttimes.com/photo/327958/image/large-f4e92d42d4fba6ed00a12bc8075afe01.png" data-gid="gid://syiq/Photo/327958"><img src="https://photo-assets.superyachttimes.com/photo/327957/image/large-b7b4ef4d92d321242e7130d601976c8b.png" data-gid="gid://syiq/Photo/327957">The <a data-gid="gid://syiq/Company/7256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adele Yachts (Company)">Adele Yachts</a> 45m superyacht model features exterior design and interior design by Milan-based studio <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a>, as well as naval architecture penned in-house by her Turkish shipyard, <a data-gid="gid://syiq/Company/7256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adele Yachts (Company)">Adele Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/327943/image/large-00b055825a94b8bb6ba214307c1b781a.png" data-gid="gid://syiq/Photo/327943"><img src="https://photo-assets.superyachttimes.com/photo/327941/image/large-d7dd7475fc213d4318885f5d5b3acd11.png" data-gid="gid://syiq/Photo/327941">With a volume of just under 500 GT and a beam of 9.1-metres, the superyacht is able to host as many as 10 guests across her five stateroom layout. Separate living quarters are also available to support a crew of up to 11 members.<img src="https://photo-assets.superyachttimes.com/photo/327948/image/large-fd4ccc549b42421c823a28cd7674884b.png" data-gid="gid://syiq/Photo/327948"><img src="https://photo-assets.superyachttimes.com/photo/327945/image/large-bfafb3e0e5f71f807c146e2b5b2622b6.png" data-gid="gid://syiq/Photo/327945"><img src="https://photo-assets.superyachttimes.com/photo/327947/image/large-e8a776a71e911c712dd18673223ba3f0.png" data-gid="gid://syiq/Photo/327947">The master suite and included study, display a warm colour palette of ecru and beige, paired with a floor-length mirror, dark wooden floors, and modern art sculptures. Meanwhile, the bathrooms onboard the yacht include an ensemble of materials, such as marble and light wood.<img src="https://photo-assets.superyachttimes.com/photo/327951/image/large-a25b1505eba5342700a2e1aecfd26100.png" data-gid="gid://syiq/Photo/327951"><img src="https://photo-assets.superyachttimes.com/photo/327953/image/large-6eb55b04c012aa1084a4487b1304de9a.png" data-gid="gid://syiq/Photo/327953"><img src="https://photo-assets.superyachttimes.com/photo/327954/image/large-4ecdfba9d011244c981e32bfd3863e7b.png" data-gid="gid://syiq/Photo/327954">Inside the vessel’s saloon, those onboard are invited to recline on grey-coloured furnishings embellished with light turquoise accents while surrounded by floor-to-ceiling sliding glass doors that synthesise the saloon with the outdoor walkways. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/327944/image/large-5b276c9ddff4ff92993cde30032e67b7.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240917%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240917T174424Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=25f1f7498f807dea328f386ae4be1a13cf20eee6c57679fbff6a2710d9f0ce6a" data-gid="gid://syiq/Photo/327944"><img src="https://photo-assets.superyachttimes.com/photo/327946/image/large-ad10d2fbaca78a2cf1a01f91c7ec1339.png" data-gid="gid://syiq/Photo/327946">Boasting a steel displacement hull, the yacht is characterised by a streamlined profile. Guests are welcomed by a variety of opportunities for sunbathing, swimming or alfresco dining across the <a data-gid="gid://syiq/Company/7256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adele Yachts (Company)">Adele Yachts</a> 45m superyacht’s exterior decks with several dark grey seating arrangements, and a circular sundeck Jacuzzi. <img src="https://photo-assets.superyachttimes.com/photo/327943/image/large-00b055825a94b8bb6ba214307c1b781a.png" data-gid="gid://syiq/Photo/327943">Additionally, the yacht has a tender garage space capable of housing a five-metre tender and two Jet Skis. Performance-wise, the <a data-gid="gid://syiq/Company/7256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adele Yachts (Company)">Adele Yachts</a> 45m yacht is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that propel her to a cruising speed of 13 knots. <img src="https://photo-assets.superyachttimes.com/photo/327940/image/large-6b3c79bfb935771118121bcc37934719.png" data-gid="gid://syiq/Photo/327940">

First look at Adele Yachts 45m yacht series 

The first interior renderings of the 45-metre Adele Yachts 45m superyacht series on the market have been unveiled. 


New shipyard Adele Yachts unveils in-build 45m superyacht model 

The 41.45-metre <a href="https://sya.superyachttimes.com/companies/intermarine-savannah" target="_blank">Intermarine Savannah</a> superyacht <a href="https://sya.superyachttimes.com/yachts/fortitude" target="_blank">Fortitude</a>, previously named Burgas, is going to be auctioned for sale by <a data-gid="gid://syiq/Company/6884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boathouse Auctions (Company)">Boathouse Auctions</a>. The auction is due to begin on 17 October at 16:00 in Fort Lauderdale and will begin at $3,000,000. She is also represented on the brokerage market by the team at <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>.<img src="https://photo-assets.superyachttimes.com/photo/306832/image/large-5c3c6f309db2091b5e4701a8cd0076df.png" data-gid="gid://syiq/Photo/306832">Delivered in 1999, <a href="https://sya.superyachttimes.com/yachts/fortitude" target="_blank">Fortitude</a> features exterior design by <a href="https://sya.superyachttimes.com/companies/luiz-de-basto" target="_blank">Luiz de Basto Designs</a>, while her interior was penned by <a href="https://sya.superyachttimes.com/companies/marc-michaels-interior-design-inc" target="_blank">Marc Michaels Interior Design</a>, with naval architecture by <a href="https://sya.superyachttimes.com/companies/paragon-design" target="_blank">Paragon Design</a>. Her <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines were fully overhauled in 2018 and she received a complete paint job in 2016 that is in good condition.<a href="https://sya.superyachttimes.com/yachts/fortitude" target="_blank"><img src="https://photo-assets.superyachttimes.com/photo/306850/image/large-69fee2943d487acf873041bb000e639a.png" data-gid="gid://syiq/Photo/306850"><img src="https://photo-assets.superyachttimes.com/photo/306843/image/large-d66a364180c23dac8957720f1bc58eb2.png" data-gid="gid://syiq/Photo/306843">Fortitude</a> can accommodate up to 10 guests onboard across five staterooms, as well as seven crew members, including the captain. The yacht's interior was updated in 2022 to bring her more in line with contemporary designs. <img src="https://photo-assets.superyachttimes.com/photo/306844/image/large-7eed58a2808c42840061437f2781c5da.png" data-gid="gid://syiq/Photo/306844"><img src="https://photo-assets.superyachttimes.com/photo/306848/image/large-be2ba70daff4018086d71e0bce0cb604.png" data-gid="gid://syiq/Photo/306848">The 398 GT yacht for sale showcases an elegantly designed main saloon with three sofas arranged around a glass rectangular shaped coffee table. The dark toned wooden furnishings adorning the room enhances the sophisticated atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/306851/image/large-40c16abde31d66c1b75095972aabbbce.png" data-gid="gid://syiq/Photo/306851">The yacht's master stateroom, located on the main deck, features dark-toned wooden furnishings complemented by light-coloured marble tops. This contrasting combination significantly elevates the room’s elegance. Additionally, the inclusion of a desk space enhances the room's versatility.<img src="https://photo-assets.superyachttimes.com/photo/306836/image/large-63d710dd4a2970e3edbac7bd32183d1b.png" data-gid="gid://syiq/Photo/306836">Exterior features on the yacht include a strategically placed Jacuzzi on the sundeck, conveniently located adjacent to the bar. This setup allows guests in the Jacuzzi to easily receive refreshments. The sundeck's abundance of lounging space adds to its versatility, offering guests a variety of relaxation options, whether in the Jacuzzi or on the lounge chairs.<img src="https://photo-assets.superyachttimes.com/photo/306840/image/large-a1e82304283e26a331105db6909f394b.png" data-gid="gid://syiq/Photo/306840"><img src="https://photo-assets.superyachttimes.com/photo/306842/image/large-6ec98f6a71d5855ba749c5668859e634.png" data-gid="gid://syiq/Photo/306842">She 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 18 knots and a top speed of 21 knots. <img src="https://photo-assets.superyachttimes.com/photo/306833/image/large-7d666a781f10ac83019c0743f19c6d33.png" data-gid="gid://syiq/Photo/306833">You can find the bidding information <a href="https://boathouseauctions.com/auctions/fortitude-136-intermarine-1999" rel="noopener noreferrer" target="_blank" title="">here</a>.

Yacht Fortitude for auction

The 41m Intermarine superyacht Fortitude will be sold at auction next month in US.

41m superyacht Fortitude to be auctioned in US 

The 52.53-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Anne52.53m (172'4&quot;)Vitters Shipyard2009">Anne</a> has entered the market with Pieter A. van der Weide of <a data-gid="gid://syiq/Company/797" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Brokerage (Company)">Hoek Brokerage</a>. <img src="https://photo-assets.superyachttimes.com/photo/327754/image/large-281bde056d01a47c82690b7054245715.jpg" data-gid="gid://syiq/Photo/327754">Delivered in 2009 by her Dutch builder <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a>, the <a href="https://www.superyachttimes.com/yachts/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a>, previously known as Erica XII, features exterior design and naval architecture by <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design Naval Architects</a>, while her interior design is created by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. <img src="https://photo-assets.superyachttimes.com/photo/327759/image/large-7c641dda069f88590690ffaeca3317ed.jpg" data-gid="gid://syiq/Photo/327759"><img src="https://photo-assets.superyachttimes.com/photo/327758/image/large-8819f10b0f5edfec01a84961918312db.jpg" data-gid="gid://syiq/Photo/327758"><img src="https://photo-assets.superyachttimes.com/photo/326907/image/large-7aec5fe2fae147fdb27c7c947b769590.jpg" data-gid="gid://syiq/Photo/326907">With a beam of 9.5-metres, the <a href="https://www.superyachttimes.com/yachts/anne/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Anne for sale</a> is able to sleep as many as 10 guests across a lavish five stateroom layout. In addition, a crew of up to seven members can be accommodated across four crew cabins. <img src="https://photo-assets.superyachttimes.com/photo/326897/image/large-107d6a0435ae661cc698335f859b65a2.jpg" data-gid="gid://syiq/Photo/326897"><img src="https://photo-assets.superyachttimes.com/photo/326901/image/large-e3514313c451046e1ff362ccd1331bc3.jpg" data-gid="gid://syiq/Photo/326901">Inside this classic sloop, guests are welcomed by stunning Cuban Mahogany woodwork crested to De Ruyter Quality Interiors adorns throughout the convivial living areas. The roomy owner’s suite aft benefits from a private deckhouse, while remaining guests can choose from four sumptuous staterooms located forward of the master suite.<img src="https://photo-assets.superyachttimes.com/photo/326902/image/large-86265bec4bfa9dfaf631652ce2d9d763.jpg" data-gid="gid://syiq/Photo/326902"><img src="https://photo-assets.superyachttimes.com/photo/326903/image/large-dc8034b067c4a800363d2fc51c203e74.jpg" data-gid="gid://syiq/Photo/326903"><a data-gid="gid://syiq/Yacht/149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Anne52.53m (172'4&quot;)Vitters Shipyard2009"><img src="https://photo-assets.superyachttimes.com/photo/326905/image/large-7f1daf41cd2fd2ac1f40b38f5b2a3217.jpg" data-gid="gid://syiq/Photo/326905">Anne</a> includes a sloop-rigged layout, complete with in-boom furling and carbon spars provided by Southern Spars, and is optimal for push-button sailing. Thanks to her Rondal captive winches and Reckman headsail furling systems, those onboard can maintain high performance with a limited crew. <img src="https://photo-assets.superyachttimes.com/photo/327761/image/large-c0a0f819c97f2c6e5489d92987431f4b.jpg" data-gid="gid://syiq/Photo/327761"><img src="https://photo-assets.superyachttimes.com/photo/327760/image/large-fb64ec93a10e1ab457eecc870dc3d313.jpg" data-gid="gid://syiq/Photo/327760">Composed of lightweight and durable materials, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features an aluminium hull built by Gouwerok in the Netherlands using Sealium, ensuring top notch stability and high performance. <img src="https://photo-assets.superyachttimes.com/photo/327751/image/large-6e549a98b5e5f0e4f663f652466dd18d.jpg" data-gid="gid://syiq/Photo/327751"><img src="https://photo-assets.superyachttimes.com/photo/327750/image/large-21c0df55482bd8b673f31e809d20ec91.jpg" data-gid="gid://syiq/Photo/327750">Furthermore, <a data-gid="gid://syiq/Yacht/149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Anne52.53m (172'4&quot;)Vitters Shipyard2009">Anne</a>’s draft of 4.6-metres, along with her fixed keel, aluminium rudder, and fixed skeg allows her to combine dexterity with excellent seaworthiness. In terms of her performance, the <a href="https://www.superyachttimes.com/yachts/vitters/for-sale" rel="noopener noreferrer" target="_blank" title="">Vitters yacht for sale</a> is powered by a single <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engine.<img src="https://photo-assets.superyachttimes.com/photo/326908/image/large-521cb4693da74f13d79c594981e3d3e3.jpg" data-gid="gid://syiq/Photo/326908"> <img src="https://photo-assets.superyachttimes.com/photo/327755/image/large-d0f81c03a24f3590d67b255b62fede4b.jpg" data-gid="gid://syiq/Photo/327755">

53m Vitters yacht Anne for sale

The 52.53-metre Vitters sailing yacht Anne has entered the market with Pieter A. van der Weide of Hoek Brokerage. 



53m Vitters sailing yacht Anne on the market 

SuperYacht Times and Borg Consulting are proud to announce the launch of <a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a>. A strategic consulting firm dedicated to serving investors and key decision-makers in the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/327757/image/large-1b84a3a266d62072db2f4a1e34220b96.png" data-gid="gid://syiq/Photo/327757">Recently, the yachting industry has experienced significant growth, driven by increased investments in the leisure marine industry. Publicly listed companies have acquired marinas, refit yards, brokerage companies, accompanied by a wave of consolidation amongst competitors.&nbsp;Various countries are recognising the economic potential of attracting large yachts, which has led to substantial investments in marinas and related facilities worldwide. This trend is particularly evident in the Middle East, with major developments underway in Saudi Arabia, the UAE and Qatar.Commenting on the launch of <a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a>, Merijn de Waard, Founder of SuperYacht Times states: “The yachting industry is a very complex niche market, involving high-value assets and some of the wealthiest individuals in the world. Few possess both a deep understanding and an extensive network within this exclusive market, along with access to the largest superyacht database and top-tier consulting expertise. This is what sets us apart at <a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a>”.&nbsp;<a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> is uniquely positioned to guide clients through this dynamic landscape. Our services include:● Custom market insights<a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> goes beyond surface-level observations to provide a comprehensive understanding of the yacht market, buyer demographics, preferences, and evolving travel patterns.● Valuations<a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a>'s expertise extends to providing precise valuations of marinas and shipyards, crucial for transactions, investments, or strategic planning.● BenchmarksBy offering benchmarks of shipyard performance, <a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> helps clients gauge their own operations against industry standards and identify areas for improvement or competitive advantage.● Nautical Tourism Development<a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a>'s access to the largest yacht database and direct industry connections positions them as a leader in advising governments and private entities on developing yachting tourism.Eric Prinsen, Partner at Borg Consulting, added, "We are excited to join forces with SuperYacht Times in launching <a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a>. The yachting industry's recent surge in investments and infrastructure development underscores the need for strategic guidance backed by data-driven insights. Together, we'll leverage our combined expertise to empower key players in this dynamic market and ensure their continued success."Three Key Advantages of SYT Strategy:<ol><li>Database: <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, part of SuperYacht Times, is the largest and most accurate yacht database in the world, maintained by a team of experienced journalists, editors, and database professionals. </li><li>Network: SuperYacht Times has an unparalleled network in the superyacht industry, including direct relationships with key decision-makers and yacht owners. </li><li>Experience: Our team consists of seasoned experts from the Superyacht industry, including contributors to SuperYacht Times and former strategy consultants from BCG and McKinsey. With a deep understanding of the Superyacht market, an impressive history of strategy formulation across various industries, and a reputation for authoring influential industry reports, we offer decades of experience in Superyacht and data-driven strategy development. Count on us to provide unmatched insights and strategic direction for your Superyacht ventures. </li></ol>The <a href="https://www.sytstrategy.com/services" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> team will be at the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a> and available for meetings.SuperYacht Times is one of the official media partners of the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a> and <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a> is the official superyacht data and intelligence partner of the show.In Monaco, Borg Consulting will present the economic impact report (powered by SuperYacht Times’ data) that they create every year for the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association (SYBAss)</a>.For more information on SYT Strategy contact Merijn de Waard at <a href="mailto:merijn@superyachttimes.com" title="">merijn@superyachttimes.com</a>.&nbsp;

SuperYacht Times and Borg Consulting launch SYT Strategy

SuperYacht Times and Borg Consulting are proud to announce the launch of SYT Strategy.

Taking place from 25 to 28 September in the Port Hercule of Monaco at the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a>, this year’s <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">MYS</a> Sustainability Hub will feature an array of exhibitors. These companies offer a wealth of sustainable, innovative technologies aimed at environmentally conscious yachting. <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> takes a closer look at four of the companies (Ampros, <a data-gid="gid://syiq/Company/5147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daedalus Yachts (Company)">Daedalus Yachts</a>, Deasyl, and Propulsion House) set to be in attendance at the exhibition.<img src="https://photo-assets.superyachttimes.com/photo/317042/image/large-27aeb900700c1141daea45788ee417a0.jpg" data-gid="gid://syiq/Photo/317042"> <img src="https://photo-assets.superyachttimes.com/photo/327934/image/large-8ec3d13cb4b7e04fbba145f1a07ad31f.png" data-gid="gid://syiq/Photo/327934">Ampros’ power conversion equipment&nbsp;Committed to producing high-performing and safe electric and hybrid propulsion systems, Ampros implements modular approach to electric yachts, allowing adaptation to technologically advanced yachts with high-voltage propulsion. Before forming their company in Poland, they worked on establishing the first high-voltage electric propulsion system, which underwent years of thorough testing. Today, their portfolio offers hybrid/electric propulsion systems from 110 up to 6000 kW, diesel and hydrogen range extenders, Ship Management System and integration of the whole system.<img src="https://photo-assets.superyachttimes.com/photo/327931/image/large-824c47c5a12dedc76e5547aa188a5195.png" data-gid="gid://syiq/Photo/327931">Daedalus Yachts’ zero emission projects&nbsp;Yacht builder <a data-gid="gid://syiq/Company/5147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daedalus Yachts (Company)">Daedalus Yachts</a> specialises in zero emissions yachts imagined, constructed, and engineered with renewable composite and advanced carbon fibre technology. Contributing to the future of sustainable yachting, <a data-gid="gid://syiq/Company/5147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daedalus Yachts (Company)">Daedalus Yachts’</a> creations make for eco-friendly, high-performance vessels for guests to enjoy an eco-friendly, luxurious experience.<img src="https://photo-assets.superyachttimes.com/photo/327933/image/large-cdcebfefdf0ff6f919f4ed96333433d7.png" data-gid="gid://syiq/Photo/327933">Deasyl’s green chemical innovations&nbsp;Founded in 2017 and based in Geneva, Switzerland, Deasyl specialises in producing environmentally conscious alternatives to conventional processes involved in the petrochemical and fine chemical sectors through Green Chemistry and mechanochemistry principles. Additionally, Deasyl has partnered up with leading universities and global industry players, building an extensive network for achieving a net-zero environmental impact.<img src="https://photo-assets.superyachttimes.com/photo/327932/image/large-7b278eca2ba93b7b682382d79a04e817.png" data-gid="gid://syiq/Photo/327932">Propulsion House’s methanol-electric conceptAlso focused on reducing emissions is Propulsion House, a company which employs emission-free electrical designs, such as the methanol-electric concept. This innovation offers the most practical manner to reach the unlimited operation range (under 5,000 nautical miles) using available products and a feasible system design. Furthermore, Propulsion House also presents hybrid solutions in which the maximum share of emissions has been decreased and the reliable concept has been generated and delivered.Aside from these four headliners, this year’s <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a> Sustainability Hub features an exhibitor lineup including Attested Rigs, which address pipe system degradation, <a data-gid="gid://syiq/Company/7108" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HY-Plug (Company)">Hy Plug</a>, which support services on hydrogen, electric and biofuel energies, French Eaux, Natpower H, <a data-gid="gid://syiq/Company/7523" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NatureSafe Marine (Company)">Naturesafe Marine</a>, <a data-gid="gid://syiq/Company/1981" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Siemens (Company)">Siemens Energy</a>, Termodinamica, and Wet Environmental Ltd.&nbsp;Several of our <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a> team members will be present at the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a> next week. Please reach out to <a href="mailto:news@superyachttimes.com" target="_blank">news@superyachttimes.com</a> to schedule a meeting or visit us at stand DS97 on Darse Sur, and at the&nbsp;<a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">MYS</a> Conference Hall, above the Yacht Design &amp; Innovation Hub.

Companies attending Monaco Yacht Show Sustainability Hub

SuperYacht Times takes a closer look at four of the companies set to be in attendance at the Monaco Yacht Show Sustainability Hub. 


Eco-friendly exhibitors at the Monaco Yacht Show Sustainability Hub 2024

The first interior renderings of the in-build 44.33-metre <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> sailing yacht <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a> have been unveiled, in anticipation of her launch in January 2025. The sailing yacht is currently listed on the market with <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>. <img src="https://photo-assets.superyachttimes.com/photo/325417/image/large-a99591bfeacc4546ade35ba93d303221.jpg" data-gid="gid://syiq/Photo/325417">The Dutch-built fast cruising sloop, previously named RP44, features exterior design and naval architecture by <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel / Pugh Yacht Design</a>. Her interiors hail from the drawing boards of the British studio <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> as well as Pieter Laureys. <img src="https://photo-assets.superyachttimes.com/photo/325418/image/large-2044165867f8ce264ce0942610ca676f.jpg" data-gid="gid://syiq/Photo/325418">The client requested a sense of continuity in the interior detailing, and hand selected the combinations on display. As explained by the designer, <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a>’s overall aesthetic exhibits “an evolution of the owners’ properties, for whom they worked with Pieter Laureys, and <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> applied this distinctive look to the yacht.”<img src="https://photo-assets.superyachttimes.com/photo/325426/image/large-ffcd7647de1f7954ac3cde2fa27f7f25.png" data-gid="gid://syiq/Photo/325426"><a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a> exhibits a colour palette of warm, harmonious tones that integrate between finishes with juxtaposing textures. Across on the internal cabinetry is a shiny grey lacquer, while natural timbers are present across <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a>’s flooring, and nubuck leathers with thoughtfully selected grains contribute to an interesting tactile environment. <img src="https://photo-assets.superyachttimes.com/photo/325423/image/large-fe8d50e27321be31b46c8d86eb11783c.png" data-gid="gid://syiq/Photo/325423">At the forefront of <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a>’s design is a constant merging between the indoors and outdoors, which is demonstrated in the main deck 360-degree views visible from the saloon. Not only does this layout offer sea views, but it also accents the sense of spaciousness through openness and natural light. On the port side, guests are greeted by a comfortable seating area opposite a formal dining table to port. <img src="https://photo-assets.superyachttimes.com/photo/325424/image/large-1490e4d310bb58a3404ac6792cfd6edf.png" data-gid="gid://syiq/Photo/325424">Throughout this hub, glazing that runs overhead further synthesises <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a>’s interiors and exteriors, while expansive glass doors positioned aft are able to fully retract, leading the way to the recessed aft cockpit.<img src="https://photo-assets.superyachttimes.com/photo/325425/image/large-7ed3a0c35656bc8b8dd764f1d354bf31.png" data-gid="gid://syiq/Photo/325425">In terms of the <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a>’s craftsmanship, they have installed below deck headsail furlers, while the mainsheet track and slider are concealed in a gutter. <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a> also sports some signature <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a> innovations, including retractable V-Bollards to round off the flush deck aesthetics. <img src="https://photo-assets.superyachttimes.com/photo/325421/image/large-f4179eccfa2fd6192bdd0f385f928e4d.jpg" data-gid="gid://syiq/Photo/325421">Moreover, the sailing yacht’s submarine anchor system ensures her bow and foredeck are both aesthetically neat and functional. A spacious, flush fore deck houses plenty of deck lockers for storage, and a hydraulic tender crane can be found in one of these storage lockers.<img src="https://photo-assets.superyachttimes.com/photo/325416/image/large-97bfd2337c6eb47b3c9d1909c9c529f5.jpg" data-gid="gid://syiq/Photo/325416">The deck's layout conists of a bulwark and sweeping sheerline crafted by the <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a> studio, which have also fitted <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a> with side decks gently sloping down alongside the saloon from the clean uncluttered foredeck to meet the large aft deck. The <a data-gid="gid://syiq/Company/521" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reichel / Pugh Yacht Design (Company)">Reichel/Pugh</a> team "worked closely with the captain to position all sail handling and mooring hardware to ensure safe and efficient handling of the yacht", the exterior designer states. <img src="https://photo-assets.superyachttimes.com/photo/325419/image/large-07674c551f9bfdc06418f517c2efbf0a.jpg" data-gid="gid://syiq/Photo/325419">When it comes to guest entertainment, <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a>’s covered main cockpit promises protection across a range of weather during alfresco mealtimes or lounging. Meanwhile, the roomy aft deck contains an abundance of space for those onboard to enjoy the sailing. When the transom hatch is opened, this area also doubles as a generous beach club.<img src="https://photo-assets.superyachttimes.com/photo/325415/image/large-3e6f51ac8e5642b93232c215d6edce42.png" data-gid="gid://syiq/Photo/325415">In addition, the sloop’s contemporary hull design characterised by a wide beam stern means there is plenty of room for guests to enjoy. The palatial owner’s stateroom located in the stern is complete with an ensuite bathroom, his-and-hers walk-in wardrobes, and an office for concentration at sea.<img src="https://photo-assets.superyachttimes.com/photo/325422/image/large-7adadfd5a6acffc0b22126ef52ac017a.png" data-gid="gid://syiq/Photo/325422">Remaining guests are accommodated in three guest staterooms, two of which are situated aft of the engine room, whereas one guest and one children's stateroom are positioned forward of the engine room. The sailing yacht <a data-gid="gid://syiq/Yacht/11575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Magic44.33m (145'5&quot;)Vitters Shipyard2025">Magic</a> is due to be launched in January 2025. <img src="https://photo-assets.superyachttimes.com/photo/325420/image/large-bc4b34966f1cf372ad844ecf7dc460be.jpg" data-gid="gid://syiq/Photo/325420">

First interior look at 44m Vitters yacht Magic 

The first interior renderings of the 44.33-metre Vitters sailing yacht Magic have been unveiled, in anticipation of her launch in January 2025. 

First interior look at in-build 44m Vitters sailing yacht Magic 

<a data-gid="gid://syiq/Company/6485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlante Yachts (Company)">Atlante Yachts</a> has announced that the hull and deck of the first in-build 34.5-metre&nbsp;<a data-gid="gid://syiq/Company/6485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlante Yachts (Company)">Atlante</a> Classic 35 explorer yacht have been joined. New interior renderings of the NB111 yacht, which is slated for delivery in spring 2025, have also been unveiled.<img src="https://photo-assets.superyachttimes.com/photo/284281/image/large-27096ec6239941b7f5575468af4d641f.jpg" data-gid="gid://syiq/Photo/284281"><img src="https://photo-assets.superyachttimes.com/photo/327897/image/large-b2f2df8c134411bf1147dff47d7e4777.jpg" data-gid="gid://syiq/Photo/327897">Currently under construction at the <a data-gid="gid://syiq/Company/752" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mengi Yay Yachts (Company)">Mengi Yay</a> shipyard in Tuzla, Turkey, the first hull of the Classic 35 series features both exterior and interior design by Paolo Dose of the Trieste-based <a data-gid="gid://syiq/Company/4663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VYD Studio (Company)">VYD Studio</a>, while her naval architecture is crafted by Giuseppe Arrabito of Livorno-based <a data-gid="gid://syiq/Company/1234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrabito Naval Architects (Company)">Arrabito Naval Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/327899/image/large-7ae716ac312b3c15e27c4b26032dd31c.jpg" data-gid="gid://syiq/Photo/327899">Furthermore, the project management services for <a data-gid="gid://syiq/Company/6485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlante Yachts (Company)">Atlante Yachts</a> are being managed by Fatih Dalkiran at Turkish Maritime Consultancy <a data-gid="gid://syiq/Company/5242" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antalyachts (Company)">Antalyachts</a>. The NB111 will be delivered to her owner, who is a seasoned Northern European buyer, introduced by broker Mark Seaton of <a data-gid="gid://syiq/Company/4236" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht & Villa (Company)">Yacht &amp; Villa</a>. <img src="https://photo-assets.superyachttimes.com/photo/327898/image/large-f43287c872b44b535f02b8e8e35e5e4e.jpg" data-gid="gid://syiq/Photo/327898">With a beam of 8.24-metres and a volume of 330 GT, the yacht’s voluminous interiors are capable of accommodating up to 10 guests across five ensuite staterooms, while also providing spacious storage, a beach club area, and expansive deck areas.<img src="https://photo-assets.superyachttimes.com/photo/327894/image/large-44ca4205156803d3e095fb113316e769.jpg" data-gid="gid://syiq/Photo/327894">As designer Paolo Dose explains, “at the beginning, the design of the interior was somewhat formal and conventional. However, the progressive involvement of the owner brought a refreshing renewal to the project. Now, the design looks elegant yet informal, simple yet refined. The main idea was to reduce the number of lines in the design to make them stronger, combining round and straight elements.”<img src="https://photo-assets.superyachttimes.com/photo/327892/image/large-3c5274b97b738f39e1d819146685d566.jpg" data-gid="gid://syiq/Photo/327892"><img src="https://photo-assets.superyachttimes.com/photo/327893/image/large-3b78f9cdc2b77d4dc9c66701acba23d2.jpg" data-gid="gid://syiq/Photo/327893">The result is a collection of round frames that reference classic yacht designs, as well as “rational” and comfortable indoor living areas. Dose collaborated with NB111’s owner to choose a selection of natural-toned materials, including blonde walnut, earthy fabrics and marble, settling on no more than five materials per space. “This excellent design result was also greatly supported by the incredible volume of the interiors, which are comparable to a 38-metre yacht, thanks to the generous beam of 8.24-metres,” Dose adds.Read:&nbsp;<a data-gid="gid://syiq/Article/59110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Meet designer Paolo Dose: Founder of VYD Studio (2023-11-15 14:00:00 +0100)">Meet designer Paolo Dose: Founder of VYD Studio</a><img src="https://photo-assets.superyachttimes.com/photo/327896/image/large-0f62c1d6928d166463ae12a8d3f003c6.jpg" data-gid="gid://syiq/Photo/327896"><a data-gid="gid://syiq/Article/59110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Meet designer Paolo Dose: Founder of VYD Studio (2023-11-15 14:00:00 +0100)"><img src="https://photo-assets.superyachttimes.com/photo/327895/image/large-b525466c26770b328d703d00276c79f7.jpg" data-gid="gid://syiq/Photo/327895"></a>Performance-wise, NB111 is powered by twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines with <a data-gid="gid://syiq/Company/4531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Maritime Organization (Company)">IMO</a> Tier III certification in line with the most recent emission regulations. She will also be equipped with <a data-gid="gid://syiq/Company/2255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMC Marine (Company)">CMC</a> LR 90 series electrical stabilisers to ensure smooth stabilisation both underway and at anchor.<img src="https://photo-assets.superyachttimes.com/photo/327890/image/large-99ec02e21463af7d674e768a1a95a3ae.jpg" data-gid="gid://syiq/Photo/327890"><img src="https://photo-assets.superyachttimes.com/photo/327891/image/large-3a1d5dbebc3905b3a59b373582432f34.jpg" data-gid="gid://syiq/Photo/327891"><img src="https://photo-assets.superyachttimes.com/photo/284285/image/large-67ff9916adf2c123e1db41ddb6808b70.jpg" data-gid="gid://syiq/Photo/284285">

First 35m Atlante Classic 35 yacht hull and deck joined 

The hull and deck of the in-build Classic 35 explorer yacht have been joined, and new interior renderings are available. 


First Atlante Classic 35: New interior images of in-build explorer yacht unveiled

The 85.3-metre <a href="https://sya.superyachttimes.com/companies/silveryachts" target="_blank">SilverYachts</a> superyacht <a href="https://sya.superyachttimes.com/yachts/bold" target="_blank">Bold</a> is now on the market and is available to view at next week’s <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a>. This is a unique opportunity to acquire a highly distinctive and well known charter yacht, designed by Monaco-based designer <a href="https://sya.superyachttimes.com/companies/espen-oeino" target="_blank">Espen Øino</a>. <a data-gid="gid://syiq/Yacht/6018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold85.3m (279'10&quot;)Silver Yachts2019">Bold</a> is a Fast World Explorer with an 23 knot top speed and a 4,000 nautical mile trans-Atlantic range at 18 knots .<img src="https://photo-assets.superyachttimes.com/photo/327705/image/large-901c532d4edc670aae88da2db5efca1b.jpg" data-gid="gid://syiq/Photo/327705">The fully aluminium superyacht has recently completed her 5-year survey, which included a new paint job and a change in the colour of the hull to white. This refit ensured that the yacht continues to meet stringent safety and performance standards and that she is in excellent condition for her next owner. <img src="https://photo-assets.superyachttimes.com/photo/199662/image/large-ceddff7d19ed40a66dc705f81311e2e4.jpg" data-gid="gid://syiq/Photo/199662">Since her launch in 2019, <a href="https://sya.superyachttimes.com/yachts/bold" target="_blank">Bold</a> has successfully completed an extensive five-year circumnavigation covering over 120,000 nautical miles without encountering any mechanical issues. This accomplishment can be attributed to a highly effective planned maintenance system that has been rigorously followed throughout her operation. The yacht’s owner has been actively involved in ensuring that the yacht is managed efficiently, prioritising the upkeep and operational integrity of the vessel. This approach, combined with a skilled and consistent crew primarily from New Zealand and Australia, has contributed to <a data-gid="gid://syiq/Yacht/6018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold85.3m (279'10&quot;)Silver Yachts2019">Bold</a>’s reputation as a reliable and successful charter yacht.<img src="https://photo-assets.superyachttimes.com/photo/327697/image/large-f4c9390a1b3cdd218ae77a3da75c2c60.jpg" data-gid="gid://syiq/Photo/327697">Earlier this year in fact, <a href="https://sya.superyachttimes.com/yachts/bold" target="_blank">Bold</a> undertook the Suez Canal and Red Sea, as well as previous voyages to Australia, the South Pacific, Indonesia ,the Philippines, the Caribbean, the United States, the Maldives, Singapore, and numerous locations across the Mediterranean. Her ability to operate safely and reliably in such diverse and challenging environments and weather is a direct result of the careful management and maintenance practices that have been consistently applied. <img src="https://photo-assets.superyachttimes.com/photo/187251/image/large-c78275a857b4e064839c8a7be4f5ccf5.jpg" data-gid="gid://syiq/Photo/187251"><a href="https://sya.superyachttimes.com/yachts/bold" target="_blank">Bold</a> is an eye-catching and contemporary yacht with a refined interior design from the world renowned yacht designer. Able to accommodate as many as 18 guests, she was built to stringent <a data-gid="gid://syiq/Company/1455" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SOLAS (Company)">SOLAS</a> rules as a passenger yacht and can also accommodate up to 90 guests for day cruising. In addition to her spacious 1,550 GT of interior volume, the Sports Utility Yacht has the capacity to carry an impressive number of tenders and toys, particularly on her 400 square-metre main deck.&nbsp;This aft deck can accommodate tenders up to 15 metres with a lifting capacity of 6-12 tonnes and she also carries a formidable selection of toys and water sports gear. For truly exploratory travel, she features a fully certified helideck for a large twin engine Heli (ACH145) up to 3.85 tonnes, a certified helicopter refuelling station and has the capacity to land a second helicopter on a bridge deck.<img src="https://photo-assets.superyachttimes.com/photo/107546/image/large-0cf901559e89ed99d44dd100ca317acc.jpg" data-gid="gid://syiq/Photo/107546">For those owners that are looking to entertain while aboard, her spacious aft deck is an ideal location for parties, able to accommodate as many as 300 guests while in port, while her heli hangar transforms into a disco tec. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/107566/image/large-adc1d0108ea8b88db65756ddc92adcf0.jpg" data-gid="gid://syiq/Photo/107566">During her impressive cruising experience, <a href="https://sya.superyachttimes.com/yachts/bold" target="_blank">Bold</a>’s capabilities have been tested and proven in all ocean conditions, often undergoing crossings in storms and seas over 5-metres. In terms of trans-oceanic capability, she is able to cross the Atlantic in only eight days and has a 6,000 nautical mile range in her fuel saving mode at 12 knots, making her a highly efficient explorer. &nbsp;&nbsp;<a href="https://sya.superyachttimes.com/yachts/bold" target="_blank">Bold</a> is offered exclusively by her builder <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">SilverYachts</a>, with the German entrepreneur who founded and owns the yard is also the owner of the yacht. You can book your viewing below on Quai Chicane C21, or download her brochure for more information.

SilverYachts yacht Bold for sale

The 85m SilverYachts superyacht Bold is on the market and ready to view in Monaco.

SilverYachts 85m superyacht Bold for sale and ready to view in Monaco

The 46.93-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht <a data-gid="gid://syiq/Yacht/490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Star Diamond46.93m (153'12&quot;)Admiral Marine Works1998">Star Diamond</a> is on the market with Carl Sputh of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>. <img src="https://photo-assets.superyachttimes.com/photo/327807/image/large-0d5dfb4f6b06b533c1cdd40a8eb3c22c.jpg" data-gid="gid://syiq/Photo/327807">Delivered in 1998 and having benefitted from a recent mechanical overhaul, 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 by <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey Designs</a>, as well as naval architecture by <a data-gid="gid://syiq/Company/472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Louis Codega (Company)">Louis Codega</a>. <a data-gid="gid://syiq/Yacht/490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Star Diamond46.93m (153'12&quot;)Admiral Marine Works1998">Star Diamond</a>’s refurbishment included a structural redesign of her bow and keel, enhancing both her stability and appearance. <img src="https://photo-assets.superyachttimes.com/photo/327823/image/large-040179517f824bf2495e47c57e861153.jpg" data-gid="gid://syiq/Photo/327823"><img src="https://photo-assets.superyachttimes.com/photo/327826/image/large-7f319778e644317c1a54768abf264974.jpg" data-gid="gid://syiq/Photo/327826"><img src="https://photo-assets.superyachttimes.com/photo/327827/image/large-1104667537d1ca3d6af36ac42155c726.jpg" data-gid="gid://syiq/Photo/327827">At a volume of 492 GT, the <a href="https://www.superyachttimes.com/yachts/star-diamond/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Star Diamond for sale</a> is capable of sleeping as many as 10 guests across her five fashionable staterooms. This versatile accommodation layout comprises a full-beam master stateroom on the main deck with an owner’s lounge, entertainment area, desk, king-sized bed, and ensuite bathroom containing a Jacuzzi tub and shower. <img src="https://photo-assets.superyachttimes.com/photo/327809/image/large-52a134acf5df4723927063a66d9205a0.jpg" data-gid="gid://syiq/Photo/327809"><img src="https://photo-assets.superyachttimes.com/photo/327814/image/large-abd0c600be43a8f57536e285262a45da.jpg" data-gid="gid://syiq/Photo/327814"><img src="https://photo-assets.superyachttimes.com/photo/327819/image/large-435701556720bd5f3d55f5fc3ca561aa.jpg" data-gid="gid://syiq/Photo/327819">Remaining guests are hosted across two queen suites and two convertible twin staterooms, which give them the option to join one of the twin staterooms and a queen stateroom to form a full beam VIP suite. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/327811/image/large-722b7209224676f2ab3ae96fddf023d9.jpg" data-gid="gid://syiq/Photo/327811"><img src="https://photo-assets.superyachttimes.com/photo/327815/image/large-aa5ef5ca88d4d415bedddf9bcfe95e23.jpg" data-gid="gid://syiq/Photo/327815">When it comes to her interiors, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> displays a luminous, airy aesthetic in a beach-house inspired decor, with luxurious woods, marbles, and fabrics that convey a stylish peacefulness. Guests on board can socialise in the opulent main saloon, or take to <a data-gid="gid://syiq/Yacht/490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Star Diamond46.93m (153'12&quot;)Admiral Marine Works1998">Star Diamond</a>’s Sky Lounge, where a theatre screen and sumptuous seating arrangement lend themselves to cosy movie nights. <img src="https://photo-assets.superyachttimes.com/photo/327829/image/large-0f27ffc457b13afbf66dc0d9560ee307.jpg" data-gid="gid://syiq/Photo/327829"><img src="https://photo-assets.superyachttimes.com/photo/327824/image/large-eabc0eca2ed19410116820aed3532d6d.jpg" data-gid="gid://syiq/Photo/327824"><img src="https://photo-assets.superyachttimes.com/photo/327820/image/large-031776c942db1d54d8381e83a8cd9073.jpg" data-gid="gid://syiq/Photo/327820">Performance-wise, the <a href="https://www.superyachttimes.com/yachts/admiral/for-sale" rel="noopener noreferrer" target="_blank" title="">Admiral yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 14 knots alongside a top speed of 17 knots. Moreover, <a data-gid="gid://syiq/Yacht/490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Star Diamond46.93m (153'12&quot;)Admiral Marine Works1998">Star Diamond</a> was fitted with Quantum Zero Speed stabilisers earlier this year, as well as upgraded control systems, promising those onboard a smooth sailing experience.<img src="https://photo-assets.superyachttimes.com/photo/327821/image/large-d51c00eb0723b54e847dc0a917d75a6b.jpg" data-gid="gid://syiq/Photo/327821"><img src="https://photo-assets.superyachttimes.com/photo/327825/image/large-6e51828db9bb0572035c27e5ba7d0685.jpg" data-gid="gid://syiq/Photo/327825"> <img src="https://photo-assets.superyachttimes.com/photo/327808/image/large-6e87928f673b8e3b4454ef8f1e0e1bfa.jpg" data-gid="gid://syiq/Photo/327808">

47m Admiral yacht Star Diamond for sale 

The 46.93-metre Admiral superyacht Star Diamond is on the market with Carl Sputh of Northrop & Johnson. 
