How Mark Dalio is boldly going where no man has gone before with OceanX. “People think that the oceans have been vastly explored. They have this notion that space it the final frontier, that the planet has been seen for the most part… but it hasn’t. We need to change this mindset and make people fall in love with the oceans,”&nbsp;says Mark Dalio, Founder and Creative Director of OceanX Media.“I think that people are starting to feel it now.”<img src="/uploads/store/photo/58494/image/large-396b428314b26523bad0fd1b69784275.jpg" data-gid="gid://syiq/Photo/58494">Son of billionaire hedge fund founder Ray Dalio, the father-son duo behind the OceanX initiative have been involved in ocean exploration for many years. In fact, it was researchers in a manned-submersible launched from OceanX’s state-of-the-art exploration vessel <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a> that successfully managed to captured the world’s first ever footage of a giant squid in its natural habitat six years ago. Since then Mark and the research team on the 55.75-metre <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a> have worked with the BBC on the landmark documentary series, Blue Planet II, and co-produced the giant-screen film Oceans: Our Blue Planet. Now through OceanX Media (formerly known as Alucia Productions), Mark aims to continue the work of legendary Jacques Cousteau, French underwater explorer, diver, filmmaker and inventor, and bring the wonders of ocean exploration to the wider public. In order to further the company’s reach and its overall production capabilities, OceanX has begun work on <a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia 2</a>, a new explorer yacht which is set to be the most advanced exploration vessel to date.&nbsp;<img src="/uploads/store/photo/58489/image/large-0d5302bcd4b5b565cf999d416e721cf5.jpg" data-gid="gid://syiq/Photo/58489">But Mark’s interest in our oceans didn’t begin on a quest for the elusive giant squid. &nbsp;It goes back to his childhood in Connecticut, the USA where he spent much of his time with his family in nature, out on the water or camping.&nbsp;“Learning how to scuba dive when I was young changed my view of this amazing underworld - a world that many people still do not know much about. Going on these trips with my family inspired me to tell stories of the oceans.” It is clear that Mark had a strong passion for storytelling, cinematography and creative narratives from a young age onwards, but it was not until he was working for National Geographic in Los Angeles and saw first hand how <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a> was used to capture the footage of the giant squid that he realised how important the link between media and science really is. “One of the first expeditions on that ship, separate to the work I was doing at the time, was the giant squid expedition,” recalls Mark. It was in 2012 when Edith Widder, oceanographer and marine biologist, and her team of researchers became the first scientists to capture live-footage of the giant squid using bioluminescence off of Japan’s Ogasawara Islands during an expedition on Alucia.&nbsp;<img src="/uploads/store/photo/58490/image/large-b96f15f042dd4a1a1cc8f6c1b6813340.jpg" data-gid="gid://syiq/Photo/58490">Although Mark himself was not part of the research team that discovered the giant squid, he has since been on a number of expeditions. On his first submersible experience, he travelled down more than 1,000 metres underwater in search of a frozen whale carcass. “We were looking for 20 minutes or so and I saw this big object in the distance - we thought it was the whale so we kept going towards it. When we got closer we saw that it was moving. I thought it was just the current, but it ended up being this massive six-gilled shark.”&nbsp;A prehistoric shark which tends to live between 50 to 200 metres deep in the oceans, these animals are known scavengers. “What I thought was a whale, was actually a massive shark taking a huge bite out of the whale carcass - it was quite a sight to see.” Although it was frightened off by the manned-submersible lights at first, the shark returned and rubbed against the submersible, giving them a bump, enough to get Mark’s adrenaline pumping. “I did not know whether to be fearful or excited - I just felt a whole range of emotions. It was an incredible introduction to the deep sea. Coming back from that expedition really opened my eyes as to what can happen in the depths.”&nbsp;<img src="/uploads/store/photo/58488/image/large-752812bc3fc97d480209935edf4f09c5.jpg" data-gid="gid://syiq/Photo/58488">Once the footage of the giant squid was revealed to the world, it captured the attention of millions of people around the world from young to old, sparking their imaginations as to what mysteries the deep oceans still hold. It was at that point that Mark really understood the combined power of science and storytelling. But in order to start his company, he had to get one key person on board... “The first person I had to convince was my father,”&nbsp;says Mark with a laugh. “He was a little reluctant at first, but the team was already overseeing the science and ship operations and it made logical sense to have a media production company attached to that. Thanks to the work that I was already doing and the connections that I had made, everything came together very well in the end.”&nbsp;But was the attachment of a media production company so essential to the development of the OceanX brand we wonder? “I think that scientists, marine biologists and partners that we work with, are very important, but even more so is the question of how we get that information to a wider audience,”&nbsp;stresses Mark. “How do we convey the importance of studying and exploring the deep sea? I think when media goes hand in hand with exploration it’s even more impactful than if you just focus on one or the other.”&nbsp;<img src="/uploads/store/photo/58486/image/large-c76824d90702eec0ce626a6163a77437.jpg" data-gid="gid://syiq/Photo/58486">Since connecting OceanX Media to a number of the expeditions taking place on <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a>, including the search for the Humboldt squid off the coast of Chile and exploring the giant Australian barrier reef with the legendary Sir David Attenborough, the name has become synonymous with ocean exploration and conservation in many people's mind. For Mark, it's hard to narrow down the milestones OceanX Media has reached onboard, but a few spring to mind when asked. “One milestone was exploring the brine pools - talk about alien world! You have this very unique ecosystem, which is quite deadly for a lot of the creatures who live down there. But there are a lot of microbes that can thrive there - mussels, cutthroat eels and squat lobsters, as well as hagfish. It almost becomes this oasis in the desert where this deadly lake actually harbours a lot of life.” &nbsp;<img src="/uploads/store/photo/58491/image/large-5d8bba4b053b1f3d9aaa45da9db30f71.jpg" data-gid="gid://syiq/Photo/58491">Over the years the explorer yacht has traversed the furthest waters across the globe, carrying dedicated crew members, scientists and field experts, who work together with production workers to document their discoveries and travels. <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a> has been a crucial part of groundbreaking scientific discoveries as OceanX Media strives to develop a cohesive narrative around those findings through a multimedia approach. However, in order to expand upon their research capabilities as well as their overall productions, OceanX is set to launch her successor, the 85.3-metre <a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia 2</a> in 2019.&nbsp;“<a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a> has been a fantastic vessel for us. She is really one of a kind,” explains Mark. “But one of the issues we ran into was the number of people we could have onboard.” While up to 16 people from the media and science teams can stay onboard of <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a>, when considering how many people are needed per team, the maximum amount adds up very quickly. In addition, the team faces a few complications when using one of the two-manned submersibles and a remotely operated vehicle (ROV) at the same time on <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a> as they work off of the same platform. “With the new vessel, we are taking what we were doing with&nbsp;<a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia55.75m (182'11&quot;)Auroux1974">Alucia</a>&nbsp;and blowing it up even further.”&nbsp;<img src="/uploads/store/photo/58496/image/large-7f9a46a6e48a26c2d1fc2eb7b63c8dd2.jpg" data-gid="gid://syiq/Photo/58496"><a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia&nbsp;2</a> will comfortably accommodate many more people on board, although Mark adds that the team is still configuring the layout for the optimal use of space. “That amount of people lets you build on what is possible on both the media side and the science side.” <a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia 2</a>, a former oil exploration vessel which will be retrofitted in the Netherlands, will also build on the technical capabilities offered on her predecessor. OceanX brought scientists on board to help create the layout of the new wet and dry marine research labs and select which equipment to use. At the same time, they also brought on a production designer to help develop the best state of the art media production lab and worked with filmmaker and ocean explorer James Cameron on her filmmaking capabilities. “The spaces themselves are quite extensive compared to Alucia. We have full dry and wet labs - the dry labs are state of the art and very expansive on&nbsp;<a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia 2</a>.”<img src="/uploads/store/photo/58497/image/large-23bb1d3d1204ba5b55913be0bc38ac87.jpg" data-gid="gid://syiq/Photo/58497">“The wet labs offers a great opportunity to film some of these creatures in a macro-film setup. It’s very much similar to what happens in the depths, expect that it’s happening right in front of you.”&nbsp;As you would expect from any great explorer vessel, <a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia 2</a> also offers sufficient space to carry a helicopter onboard in a dedicated hanger, two manned-submersibles as well as ROVs and drones. “The science labs and the media labs can also transit a live a stream, from anywhere in the world,” adds Mark. “I think the combination of science and high-quality production capabilities make&nbsp;<a data-gid="gid://syiq/Yacht/7212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alucia 285.3m (279'10&quot;)Freire Shipyard2010">Alucia 2</a>&nbsp;unique. There are not many ships which have equal capabilities and I think what we are doing is combining expeditions and media in a way that no other ships have done.”&nbsp;<img src="/uploads/store/photo/36644/image/large-95e4a805b8fe88bfebb50ee249eab8d8.jpg" data-gid="gid://syiq/Photo/36644">OceanX Media is more than just ocean exploration and media production for Mark - it is also about connecting with human emotions. “I think being able to showcase marine life down in the oceans is fantastic. But to be able to put the viewer in the seat of these scientists is as equally important. If a young girl sees the next generation of Sylvia Earle and it inspires her to become passionate about the oceans, then that’s priceless.” By tapping into the viewer's emotions, he hopes to spark their imagination and encourage them to explore and care for the oceans. “We are trying to get people to understand what is actually out there and why they should care, so that when they do hear about the current issues and they hear about the possible solutions, then they will be a lot more receptive to them.”&nbsp;<img src="/uploads/store/photo/21826/image/large-ea6d1865b933bece6ab7636dd9086256.jpg" data-gid="gid://syiq/Photo/21826">This is also why the company has been looking at how they communicate with their audience, focusing on numerous channels like broadcast TV, social media platforms, feature-length movies as well as virtual reality, museums and science parks to reach audiences of all ages. One great example is their partnership with the American Museum of Natural History, where the two organisations created an immersive ocean exhibition, including imagery projections as well as interactive displays to truly open up ocean exploration to younger generations. “After seeing Oceans: Our Blue Planet, these families are able to go out and learn a more about the science behind the film in a way that is both enjoyable and accessible.”&nbsp;<img src="/uploads/store/photo/36645/image/large-06bdfd6370701e88d52cd103ef62d372.jpg" data-gid="gid://syiq/Photo/36645">Through OceanX Media, Mark is working tirelessly to bring a much-needed voice to the oceans by utilising the compelling stories around exploration to excite, inform and ultimately inspire viewers as to what lies beneath the surface. “It’s more emotional than logical, it really makes sense to conserve our oceans but people do not understand this message unless their heart is in it. So that’s what we’re doing. We’re aiming for their heart.”<img src="/uploads/store/photo/21825/image/large-d5bf679b9e4bcfed5f5fcb9c8812f439.jpg" data-gid="gid://syiq/Photo/21825">OceanX currently works with a number of partners to help fund research, conduct scientific expeditions and create media productions, including the BBC, National Geographic, James Cameron and the Woods Hole Oceanographic Institution.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" rel="noopener noreferrer" target="_blank" title=""><img src="/uploads/store/photo/55401/image/large-6524e9c9dfc37e22bf131ecc39bea57e.png" data-gid="gid://syiq/Photo/55401"></a>This article is featured in the latest edition of the SuperYacht Times newspaper. <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription">Subscribe now</a> to receive your copy straight to your door and never miss another issue.&nbsp;

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Volstad Surveyor ahead of her conversion into Alucia 2

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A Mobula ray in the Pacific Ocean, as seen in the giant screen film Oceans_ Our Blue Planet, a co-production of OceanX Media and BBC Earth

Alucia during an expedition in 2013, in NewZealand.

Alucia yacht cruising in Miami

Alucia yacht in Cocos Islands

Alucia yacht in Antarctica

Mark and Ray Dalio, founders of OceanX

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Alucia 2 yacht wet lab 

The Final Frontier...with Mark Dalio from OceanX

Early March, Jim Offield returned after two years of circumnavigating the globe onboard sailing yacht&nbsp;<a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a>, just in time for his 76th birthday. Leona Caanen sits down with Jim to dive into his journey sailing the seven seas onboard the 34-metre ketch.<img src="https://photo-assets.superyachttimes.com/photo/397312/image/large-2d480c55397f28e4576e480c910ab08e.jpg" data-gid="gid://syiq/Photo/397312">As the world was closing up in July 2020, Jim’s longtime captain and dear friend Bruno, found the perfect ketch sitting for sale, docked in Palma de Mallorca. After a quick tour via FaceTime, Jim bought the yacht and had Bruno prepare it to set sail. Jim made his way to the yacht, where Gibraltar authorities granted him a sole 24 hours of entry before he and his yacht needed to leave.What followed was Jim’s very first Atlantic crossing on a sailing yacht. “We did the Atlantic crossing in August and I absolutely fell in love with offshore sailing. It was an absolute magical trip,” Jim shares. Crossing the Atlantic in the middle of hurricane season is quite a feat, but <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a> showed what she was capable of and with Bruno captaining the vessel, Jim felt right at ease.After that, Jim, Bruno and the crew spent four years leisurely exploring New England and the Caribbean, sailing from island to island. After exploring much of the region, Bruno and Jim were having coffee one morning on shore when the question arose: what next? Having previously travelled to the Pacific and Oceania onboard a 156 foot <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a>, Bruno floated the thought of sailing around the world onboard <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a>. A simple ‘why not’ from Jim and a plan was made. <img src="https://photo-assets.superyachttimes.com/photo/397341/image/large-e986b042286f4f2e39e0b8b2219a4a49.jpg" data-gid="gid://syiq/Photo/397341">Around the worldIn early April of 2024, Jim and his wife, captain Bruno and their crew set sail from Savannah, Georgia, heading towards the Panama Canal. From there <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a> sailed towards the Galapagos and towards New Zealand, taking time to sail past many islands of the South Pacific that lay along the route, the likes of French Polynesia and Tonga.To sail to such remote places, witnessing stunning wildlife along the way, felt like a true sailor’s journey, but in the comfort of the 34-metre superyacht. All these sailing experiences, exploring the Mediterranean, crossing the Atlantic, and cruising around New England and throughout the Caribbean, making minor tweaks to the vessel along the way, had unknowingly prepared her for the circumnavigation. <img src="https://photo-assets.superyachttimes.com/photo/397298/image/large-cf68dc5ec2d388b4dac703ab8511d9ff.jpg" data-gid="gid://syiq/Photo/397298">Designed by <a data-gid="gid://syiq/Company/52" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ron Holland Design (Company)">Ron Holland Design</a> (exteriors) and <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> (interiors) and built by <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a> in 1999, <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a> is a sturdy lady. Bruno shares how, as ”Jim goes to bed quite early, sometimes, when we sail at 10 or 12 knots through the night, he’ll come up in the morning and not have felt a thing!” <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a> was the right choice of vessel for the journey they took.One of the most exciting legs of the journey was sailing from Cairns to the Cape of Good Hope, through the Indian Ocean. “98 percent of this trip is going to be spectacular,” Captain Bruno had said to Jim, “but two to five percent of it, you're going to have to hold on to your shorts. And it didn't let us down.” The Indian Ocean is notorious for its strong, unexpected monsoon-like winds and heavy rains, accompanied by a chaotic sea with waves coming in from all directions. “In the middle of one of those days when it was full on, Jim looked at me and he goes, ‘it's worse than you said it would be!’”. As the duo tells the story, Bruno laughs, “I always said to Jim, ‘you haven’t crossed an ocean until you’ve sailed an ocean!”<img src="https://photo-assets.superyachttimes.com/photo/397339/image/large-9ffd3d4bc8d1c964c524477a86d0a59e.jpg" data-gid="gid://syiq/Photo/397339">Harmonious sailingHaving known each other for 25 years, Jim and Bruno share a special bond. Something that, in turn, had a positive effect on the rest of the crew. ”We travelled with an amazing group of people and many friendships were born,” shares Jim. “Being alone in the ocean for so many days with such a great crew, it’s the experience of a lifetime. It was harmony in every sense of the word.” <img src="https://photo-assets.superyachttimes.com/photo/397343/image/large-317e67d451ee84abdd838a57bf53debb.jpg" data-gid="gid://syiq/Photo/397343">Captain Bruno points out how Jim is also very conscientious of the crew’s well-being. “One day, in Tonga, Jim and his family went diving with the humpback whales. But I know that, if I don’t also get a boat for the crew to go diving, Jim won’t be happy.” Everywhere <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a> sailed, Jim shared his experiences with the crew. “We would go diving, hiking up a mountain, or skydiving, and leave to go sailing in the evening but no one would complain because we had the most terrific day,” Bruno notes. “They were &nbsp;just like, ‘okay, what's the next adventure?”To have such camaraderie onboard over the course of two years has made the journey even more valuable to Jim. “Being 75 years old, there are no words to describe how absolutely magnificent it was to be able to do this, as an owner; to be part of the crew, to enjoy such a journey. I would have to say it's the greatest accomplishment in my life.”<img src="https://photo-assets.superyachttimes.com/photo/397400/image/large-246ee0ced6e7b7d52bb60e4bf1c45023.jpg" data-gid="gid://syiq/Photo/397400">So why sell?Upon arrival back home to the US East Coast, Bruno held a speech and tears were shed, and within six hours of being on land, the crew talked about going back out for another trip around the globe. Yet a trip like this you can only do once for the first time: “I just don't think the repeat of it would ever compare to what we just did,” Jim says“I’m a big believer in not duplicating: there are other parts of the world and other adventures I want to do. I’m starting to feel the age a little bit, so I’m ready for a bit more comfort” Jim shares. Now, Jim is looking to explore on a more comfortable, slightly smaller yacht, “but I’ll never give up travelling the ocean!”“The boat was always there for us. She was amazing” shares Bruno. “Jim and I both feel that it's a pity we don't see more owners taking on these experiences.” The hope is that Jim’s experience will inspire not only the new owner of <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a>, but other owners to traverse around the world. A sailing yacht the likes of <a data-gid="gid://syiq/Yacht/2089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Legend34.14m (112'0&quot;)Alloy Yachts1999">Legend</a> is born to circumnavigate and she’s more than proven her capability. “To cruise the seven seas on a sailing yacht is to truly experience the open Ocean,” notes Jim.<img src="https://photo-assets.superyachttimes.com/photo/397313/image/large-9eaa45403680c94f2b2494324778a6a0.jpg" data-gid="gid://syiq/Photo/397313">

Traversing the seven seas onboard Legend: "It's the experience of a lifetime"

After sailing around the world onboard his 34m Alloy sailing yacht Legend, Jim is ready for his next adventure.

travel-hero#1

The Chinese State Council has approved new measures that will reduce administrative and financial barriers for Hong Kong and Macau yacht owners travelling within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).<img src="https://photo-assets.superyachttimes.com/photo/284352/image/large-ecd218fffb9bcb7bafecade7dd2c5004.jpg" data-gid="gid://syiq/Photo/284352">Announced on 30 May 2026, the new policies will remove the requirement for a financial guarantee and introduce a temporary Chinese registration when bringing their yacht into mainland China.Under the new framework, Hong Kong and Macau-registered yachts will be able to obtain temporary ship nationality certificates issued by mainland Chinese authorities without affecting their existing registrations.&nbsp;This will allow yachts to navigate within the waters of nine mainland cities in the Greater Bay Area after completing the necessary entry procedures. “Guangdong, Hong Kong and Macao have been committed to promoting individual yacht travel,” explained a spokesman for the Transport and Logistics Bureau.“Under the new policy, the exemption for the requirement for a guarantee will significantly reduce the financial burden on owners of Hong Kong and Macao yachts when handling cross-border procedures.”<img src="https://photo-assets.superyachttimes.com/photo/380444/image/large-c47ce0baf12facf7f4f5bd21055eb53c.jpg" data-gid="gid://syiq/Photo/380444">To support these efforts, the Hong Kong Marine Department, the Guangdong Maritime Safety Administration and the Macau Marine and Water Bureau established a tripartite working group focused on developing measures to facilitate private yacht movements across the region.The Marine Department is also actively co-ordinating with the Guangdong Maritime Safety Administration on creating southbound measures for yachts travelling from the Chinese Mainland, with details due to be announced soon following finalisation.&nbsp;In March 2025, lawmakers in Hong Kong urged the government to enhance yacht tourism in the Greater Bay Area (GBA) and further develop the necessary infrastructure to support maritime activities.A motion was proposed by Kenneth Lau Ip-keung advocating for improved infrastructure to facilitate island-hopping tourism ventures along Hong Kong’s 1,180-kilometre coastline and its 263 islands.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/62956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lawmakers urge Hong Kong government to boost yacht tourism (2025-03-26 12:30:00 +0100)">Lawmakers urge Hong Kong government to boost yacht tourism</a> <img src="https://photo-assets.superyachttimes.com/photo/395562/image/large-12835460c889137d51c1912c58b38d42.png" data-gid="gid://syiq/Photo/395562">Asia-Pacific Superyacht SummitAs the region continues to grow, SuperYacht Times has hosted several editions of the <a data-gid="gid://syiq/Article/66230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit Japan 2026 in 60 seconds (2026-06-02 15:00:00 +0200)">Asia-Pacific Superyacht Summit</a> in Hong Kong. This year’s edition took place in Kobe, Japan, bringing together industry leaders, yachting clients, and key stakeholders with the shared goal of positioning the Asia-Pacific as a leading superyacht market and cruising destination.You can find out more about the <a data-gid="gid://syiq/Article/66230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit Japan 2026 in 60 seconds (2026-06-02 15:00:00 +0200)">Asia-Pacific Superyacht Summit</a> and how to get involved with the 2027 edition <a data-gid="gid://syiq/Article/66230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit Japan 2026 in 60 seconds (2026-06-02 15:00:00 +0200)">here</a>.&nbsp;

China eases cross-border yacht owner travel rules

China has approved new measures that will reduce administrative and financial barriers for Hong Kong and Macau yacht owners. 

China eases cross-border travel rules for Hong Kong and Macau yacht owners

Not every superyacht that looks good on paper actually delivers where it counts. The 53.8-metre (176-foot) <a data-gid="gid://syiq/Company/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariotti Yachts (Company)">Mariotti</a> <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a> is one that does. Built by the storied Genoese shipyard <a data-gid="gid://syiq/Company/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariotti Yachts (Company)">Mariotti Yachts</a> in 2012, comprehensively refitted in 2023, and managed by <a data-gid="gid://syiq/Company/6674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emperio Yachting Alliance (Company)">Emperio Yachting Alliance</a>, the <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a>&nbsp; has established a reputation as one of the most technically accomplished and operationally proven vessels working the Greek islands charter circuit today.<img src="https://photo-assets.superyachttimes.com/photo/392102/image/large-8e949d3ec3ef4642a7416327573908e5.jpg" data-gid="gid://syiq/Photo/392102">Volume That Speaks for ItselfAt 928 gross tons across a 10.5-metre beam, the <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a> delivers a volume-to-length ratio that immediately stands out for a vessel of 53.8 meters. That's a number that experienced charter professionals recognize instantly – it translates directly into interior spaces that feel genuinely generous rather than just impressive on a spec sheet.<img src="https://photo-assets.superyachttimes.com/photo/392076/image/large-40b19bf550e54df622789db68353f2f4.jpg" data-gid="gid://syiq/Photo/392076">Both interior and exterior were conceived by <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a>, the Florence-based studio known for interiors that prioritise light, proportion, and the kind of spatial intelligence that ages well. Large-format windows bring the Aegean into every cabin, and the master suite features hydraulic balconies that open directly over the water – one of those details charter guests consistently reference when they rebook. A second balcony accessible from the main deck foyer extends that connection with the sea throughout the vessel.<img src="https://photo-assets.superyachttimes.com/photo/392078/image/large-61bedd13977b3718c64ac67d86676697.jpg" data-gid="gid://syiq/Photo/392078">Accommodation is arranged across six staterooms – one master, one VIP, three doubles, and one twin – for up to 12 guests. A crew of 13, managed by <a data-gid="gid://syiq/Company/6674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emperio Yachting Alliance (Company)">Emperio Yachting Alliance</a>, delivers the service levels that drive the kind of broker relationships and repeat bookings that matter most in this segment.<img src="https://photo-assets.superyachttimes.com/photo/392089/image/large-6df8f571d7a31a9ccd3372229cb66bc5.jpg" data-gid="gid://syiq/Photo/392089"><img src="https://photo-assets.superyachttimes.com/photo/392090/image/large-27201d43d05d6f6adaf5844054c58e74.jpg" data-gid="gid://syiq/Photo/392090">Built for Real Passage-MakingThe <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a>&nbsp;was engineered for serious blue-water use, not marina appearances. Her Lloyds-classified steel hull and aluminium superstructure reflect <a data-gid="gid://syiq/Company/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariotti Yachts (Company)">Mariotti Yachts</a>' construction standards, and twin Caterpillar engines deliver a top speed of 17 knots and a cruising speed of 14 knots. A 150,000-litre fuel capacity supports an operational range of 5,000 nautical miles – the practical foundation for a Greek islands charter season that covers the Saronic Gulf, the Cyclades, the Ionian Islands, and the Dodecanese without operational compromise. At-anchor stabilisers rated to genuine zero-speed performance ensure the vessel stays completely stable wherever she drops anchor – a detail that matters enormously in the Cyclades when the summer Meltemi builds through the afternoon.<img src="https://photo-assets.superyachttimes.com/photo/392094/image/large-b15f94a2461930abaaaafb57de601813.jpg" data-gid="gid://syiq/Photo/392094">A Track Record That Goes Beyond GreeceOne of the details that sets the <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a> apart for operators evaluating high-visibility event deployments is her well-documented track record at the Monaco Grand Prix. The vessel has served as a VIP hospitality platform at the race – including hosting the McLaren Formula 1 team – in one of the most logistically demanding charter environments in the superyacht calendar. That kind of real-world credential carries weight that a specification sheet simply can't replicate.<img src="https://photo-assets.superyachttimes.com/photo/392069/image/large-861590f5ba4f30f0caea414110f028dc.jpg" data-gid="gid://syiq/Photo/392069"><img src="https://photo-assets.superyachttimes.com/photo/392072/image/large-502533e40c9754fab1763e01c613bdb3.jpg" data-gid="gid://syiq/Photo/392072">The Chef, the Crew, and the Water ToysThe <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a>'s chef trained at Spondi, one of Athens' finest Michelin-recognised restaurants. On charter in the Greek islands, that means daily menus built around whatever is freshest at whichever harbour market the vessel is anchored near – locally caught fish, Santorini volcanic-soil produce, cold island wines, and the kind of food that makes a Greek islands charter genuinely memorable.<img src="https://photo-assets.superyachttimes.com/photo/392074/image/large-5dae5c8c84207f1ecb3b4150994b73fe.jpg" data-gid="gid://syiq/Photo/392074">The water sports lineup includes two <a data-gid="gid://syiq/Company/5777" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yamaha (Company)">Yamaha</a> WaveRunners, two F5S SEABOBs, an E-Foil, paddle boards, kayaks, a wakeboard, and a <a data-gid="gid://syiq/Company/2027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castoldi S.p.A. (Company)">Castoldi</a> Jet Tender – all deployed from a dedicated beach club at the waterline.<img src="https://photo-assets.superyachttimes.com/photo/392106/image/large-9db53d957946851883360d4077a99bb6.jpg" data-gid="gid://syiq/Photo/392106">The 2023 refit updated mechanical systems, guest spaces, and operational infrastructure throughout, ensuring the <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a>'s <a data-gid="gid://syiq/Company/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariotti Yachts (Company)">Mariotti</a>-built hull and <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini</a> interiors continue to hold their own against vessels of significantly more recent vintage.<img src="https://photo-assets.superyachttimes.com/photo/392105/image/large-763cefb8447a27ce24ee4cc96763df2a.jpg" data-gid="gid://syiq/Photo/392105">For brokers and charter guests evaluating options in the 50-60-metre segment for the Greek islands season, the <a data-gid="gid://syiq/Yacht/2706" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Persefoni I53.8m (176'6&quot;)Mariotti Yachts2012">Persefoni</a> is a vessel worth knowing well.

Persefoni yacht charter Greece

The 54m superyacht Persefoni is the ideal charter yacht for Greek waters and beyond.

From Monaco to Mykonos: Inside the 54m Mariotti yacht Persefoni 

Arctic: Onboard with Captain Paul Crierie

Sophie Spicknell sits down with Captain Paul Crierie to find out more about the history of the 88m converted deep sea salvage tug Arctic.

Video: Onboard the 88m Guinness World Record yacht Arctic with Captain Paul Crierie

Exploring Norway: Onboard 88m explorer yacht Arctic

Discover Norway onboard the 88m explorer superyacht Arctic with an Ahoy Club charter.

Video: Exploring Norway’s fjords onboard the 88m explorer yacht Arctic

Enrico Chhibber speaks with Japan-based yachting experts to explore recent regulatory reforms and infrastructure developments that are gradually positioning Japan as a more accessible and appealing destination for superyachts. When it comes to attractive superyacht destinations in Asia, Thailand has traditionally taken the spotlight. Japan, meanwhile, has remained a lesser-known cruising ground and has often been viewed as logistically challenging. Today, however, that narrative is changing, as Japan begins to reposition itself on the global yachting map. <img src="https://photo-assets.superyachttimes.com/photo/370701/image/large-fccdf0ce93277bda47184d5f87855515.jpg" data-gid="gid://syiq/Photo/370701">The Japanese archipelago, comprising more than 14,000 islands and stretching over 34,000 kilometres of coastline, spans approximately 3,000 kilometres from north to south. With climates ranging from the snowy winters of Hokkaido to the subtropical warmth of Okinawa, the country offers year-round cruising opportunities and a broad range of geographical and cultural experiences.Yet despite these natural advantages, Japan has not historically appealed to the international superyacht community. Regulatory complexities and limited marina infrastructure for larger vessels have, until recently, presented notable hurdles to its development as a cruising destination. This landscape is now beginning to evolve. Since 2021, a series of regulatory reforms have made it easier for privately registered, foreign-flagged yachts to enter and cruise Japanese waters.Further momentum followed in December 2024 with the announcement of Superyacht Base Kobe Marina, which is currently under construction, with a full yacht service opening in 2026 and a full opening with surrounding infrastructure taking place in 2027. The project is intended to help address longstanding infrastructural limitations and support Japan’s efforts to attract more superyacht tourism.<img src="https://photo-assets.superyachttimes.com/photo/370696/image/large-5ef3ac54fac761e21641b06208086062.jpg" data-gid="gid://syiq/Photo/370696"> Marina infrastructure development in JapanAlthough Japan’s general maritime infrastructure is well developed, facilities specifically designed for superyachts remain limited. <a data-gid="gid://syiq/Person/935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nigel Beatty, United Kingdom (Person)">Nigel Beatty,</a> yacht broker at YACHTZOO and Chairman of the <a data-gid="gid://syiq/Company/7320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Association (Company)">Asia-Pacific Superyacht Association</a>, observed that while the country is well-equipped overall, it lacks dedicated infrastructure tailored to the operational needs of larger yachts. “Infrastructure is brilliant in Japan, but if you're talking about purely superyacht infrastructure, then we are lacking a little bit,” he said.In most cases, visiting yachts cruise along the coast, anchoring near beaches or making brief stops at town piers. According to Beatty, this pattern highlights the need for more structured superyacht hubs and ports where large yachts can access services such as mooring, refuelling, provisioning, and guest handling. “When you go cruising, you anchor or tie up at a town pier for a night, then move on,” he explained. “But you also need hubs, places where yachts can come in and operate with proper support.”Some capacity does exist. A marina in Fukuoka, for example, can currently host a small number of larger vessels. However, the most significant development is taking place in Kobe, where a new marina is under construction. Announced in late 2024, Superyacht Base Kobe Marina is being developed to accommodate yachts up to 80-metres in length for stern to dockage and any size for alongside dockage. Just in the last few weeks the facility has accommodated a 70-metre and a 117-metre. Beatty noted that the basin is roughly half the size of Port Hercule in Monaco.Yukio Shintani of <a data-gid="gid://syiq/Company/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Creation Marine (Company)">Creation Marine</a>, a lead investor who has played a role in coordinating stakeholders for the Kobe project, confirmed the marina is being established as a destination facility and is expected to open within two years. Once complete, it will serve as one of the first ports in Japan specifically designed to support visiting superyachts at scale.While Japan does not yet offer the density of dedicated infrastructure found in more established superyacht destinations, ongoing developments suggest a gradual shift toward greater accessibility and operational support.<img src="https://photo-assets.superyachttimes.com/photo/104219/image/large-c94403a78cad4fa52830c3e4d2898030.jpg" data-gid="gid://syiq/Photo/104219"> Before the Change: Superyacht regulations in Japan prior to 2021 Although foreign-flagged superyachts were technically permitted to enter and cruise in Japan before 2021, a combination of bureaucratic complexity and limited facilities made the country a difficult destination to navigate. As Nigel Beatty noted, “Whether commercially or privately registered, Japan never really drew a strong distinction between yacht types. Superyachts have technically been able to visit Japan for quite some time. The issue was the bureaucracy involved. While we used to manage it, the process was labour-intensive, and that translated into high costs for visiting yachts.”Japan did offer a relative advantage for crew from visa waiver countries. “There have always been positive aspects to cruising in Japan,” Beatty added. “For example, if you were from a visa waiver country, such as those in Europe or North America, you could enter Japan by yacht and remain for up to 90 days as a tourist, even as crew.”However, crew from non-waiver countries such as South Africa, India, and the Philippines, who represent a significant portion of the global yachting workforce, faced more complications. These individuals were required either to obtain a visa in advance or rely on a short-term crew pass valid for just 14 days. “Renewing it involved leaving the country and re-applying at an immigration office,” Beatty said. “Approval often depended on the discretion of the local immigration office, which made the process inconsistent and inefficient.”<a data-gid="gid://syiq/Person/4301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenta Inaba, Japan (Person)"></a><a data-gid="gid://syiq/Person/4301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenta Inaba, Japan (Person)">Kenta Inaba</a>, President and Partner at <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">Super Yacht Logistics</a>, described how procedural rigidity once defined the experience for visiting yachts. “In the past, every time a yacht entered Japan, we had to process customs, immigration and quarantine, not just on arrival but again at each subsequent port,” he explained. “When I started in this business, I had to submit a full list of every port the yacht was planning to visit. But yachts don’t follow fixed routes like commercial vessels. Their movements are often dictated by weather and anchorage conditions, which makes rigid planning difficult.”Even minor navigational changes could create problems. “If a yacht was anchored and the wind shifted, they might need to move to another part of the bay. But if that area wasn’t listed in the original plan, it became an issue,” Inaba said. “Even bringing something as simple as a bottle of beer back onboard required paperwork.” The system, he added, was not designed with yachts in mind. <img src="https://photo-assets.superyachttimes.com/photo/298475/image/large-124d7d95e2299e38d8fd95f9b6b90929.jpg" data-gid="gid://syiq/Photo/298475">Turning Point: The 2021 regulatory reformsRegulatory changes introduced in 2021 significantly altered how Japan manages visiting superyachts. Previously constrained by complex procedures, foreign-flagged vessels now benefit from a more streamlined regulatory environment. “Much of that red tape has now been removed,” Beatty said.One of the most significant adjustments was the introduction of the Naikosen (similar to a cruising permit). After completing initial customs, immigration and quarantine procedures, yachts can apply for the permit, which, along with a blanket Closed Port Permit, removes the requirement to file repeated clearances at each domestic port. “Yachts used to be required to declare every intended stop in advance, which was completely impractical,” Inaba said. “Now, they have the flexibility to change course depending on conditions.”One of the more favourable regulations that was always in place in Japan is that foreign registered vessels remain indefinitely in Japan allowing for longer and more adaptable cruising schedules and possibly basing themselves in the country long term. Changes to crew entry procedures have addressed previous constraints. The introduction of the Multiple Landing Permit, or “Crew Pass,” allows foreign crew to remain in Japan for the duration of the yacht’s stay; and even up to one year. This replaces the former 14-day restriction that often-required multiple renewals and placed a disproportionate burden on those from non-waiver countries. The Crew Pass allows crew ashore in the local areas that the yacht will be for yacht business, shopping or sightseeing.Crew from countries covered by Japan’s visa waiver programme continue to benefit from 90-day tourist access, allowing for greater flexibility to travel ashore or explore the length while the vessel is in port.Together, these updates have reduced many of the operational constraints that previously discouraged superyacht visits. Japan is now better aligned with international practices and more accessible to a global yachting audience; and in some areas have more favourable regulations than well-established yachting countrie<img src="https://photo-assets.superyachttimes.com/photo/298430/image/large-ae231a89fb0e19e109ca66eda85be1ac.jpg" data-gid="gid://syiq/Photo/298430">Looking AheadJapan’s regulatory progress in recent years has laid important groundwork, but further improvements will be necessary to support charter activity. In particular, foreign-flagged, commercially registered yachts still face regulatory hurdles when seeking to operate charters in Japanese waters. Shintani acknowledged this ongoing challenge. “I want to try to create everything for the foreign-flagged yacht to charter. This is our mission.”While Japanese-flagged yachts can operate commercially, the charter process for foreign-flagged vessels remains undecided, however moves are afoot to make a rule for foreign charter yachts with a charter contract already developed by <a data-gid="gid://syiq/Company/3581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Dickinson Llp (Company)">Hill Dickinson</a> and <a data-gid="gid://syiq/Company/7320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Association (Company)">Asia Pacific Superyacht Association</a>, which navigates specific Japanese regulations. The solution to this issue will be an important next step in positioning Japan as a competitive superyacht destination in the Asia-Pacific region. This article was first published in issue 54 of the SuperYacht Times newspaper, available for&nbsp;<a data-gid="gid://syiq/Article/64033" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Download Issue 54 of the SuperYacht Times newspaper now (2025-08-19 10:00:00 +0200)">download here.</a> <img src="https://photo-assets.superyachttimes.com/photo/382114/image/large-baf3ecfb0e038e562c1abbcc141260e6.png" data-gid="gid://syiq/Photo/382114">Asia-Pacific Superyaht Summit 2026 Following two successful editions in Hong Kong, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape, alongside broader regulatory, operational and investment trends across the region.The <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">Asia-Pacific Superyacht Summit</a> brings together owners, operators and industry stakeholders to explore how emerging and established markets can work together to support sustainable, year-round superyacht activity across Asia-Pacific.Early Bird tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" rel="noopener noreferrer" target="_blank" title="">here</a>.&nbsp;

A new chapter for Asia: Japan’s rise as a cruising destination

Japan is emerging as Asia’s newest superyacht destination, driven by regulatory reform and new marina infrastructure including Superyacht Base Kobe. 

A new streamlined administrative process has been launched to allow foreign yachts to sail freely between Abu Dhabi and Dubai from January 2026. The new protocol is designed to streamline yacht movement and elevate the UAE’s yachting experience. <img src="https://photo-assets.superyachttimes.com/photo/381143/image/large-5a93b42afa19898a8603a00bee753194.jpeg" data-gid="gid://syiq/Photo/381143">The streamlined system removes duplicate clearance procedures, allowing foreign-flagged yachts to move between the two emirates with a single recognised sailing permit. For the first time, sailing permits issued by either Abu Dhabi or Dubai will be honoured across both emirates, eliminating the need for repeated approvals or local entry and exit processing, which will reduce waiting times, documentation requests, and administrative costs as a mutually recognised permit issued by either emirate will grant seamless passage between the two cruising hubs.Central to the change is a new digital information bridge powered by the Early Inquiry System. Instead of submitting vessel, crew, and passenger details separately to each emirate, the UAE will rely on a shared platform using the Early Inquiry System API, enabling maritime authorities across Abu Dhabi and Dubai to access yacht data digitally and in real time.The initiative is the result of extensive coordination by Abu Dhabi Maritime and the Dubai Maritime Authority, working alongside several federal agencies, including the National Guard, Dubai Customs and the Federal Authority for Identity, Citizenship, Customs and Port Security.The move emphasises a united commitment to develop the UAE’s maritime sector and reinforce its appeal as a premier destination for international yacht tourism.Read:&nbsp;<a data-gid="gid://syiq/Article/65104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority launches ‘first of its kind’ guide for coastal tourism (2026-01-08 12:00:00 +0100)">Saudi Red Sea Authority launches ‘first of its kind’ guide for coastal tourism</a> <img src="https://photo-assets.superyachttimes.com/photo/285495/image/large-509e6a4c-4303-42de-97f1-d7c7a254408c.jpeg" data-gid="gid://syiq/Photo/285495">Speaking on the development, Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum, CEO of the Dubai Maritime Authority, said the initiative reflects Dubai’s commitment to growing yacht visitation and enhancing the UAE’s profile as a world-class maritime destination.Captain Saif Al Mheiri, CEO of <a data-gid="gid://syiq/Company/6497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abu Dhabi Maritime (Company)">Abu Dhabi Maritime</a>, echoed the sentiment, highlighting that the reform will make it easier than ever for foreign yachts to explore UAE waters and boost competitiveness as global yachting hubs.The reform is expected to make Abu Dhabi and Dubai yacht cruising more attractive for foreign superyachts, extended yacht charters and international private yacht owners visiting the UAE. The UAE expects to stimulate further growth in marine tourism, attract more visiting yachts and position the Emirates as one of the most accessible cruising destinations in the Gulf.The new policy follows increased investment in marinas, infrastructure and tourism offerings across the country, ranging from Abu Dhabi’s island complexes and cultural landmarks to Dubai’s marinas, yacht clubs and luxury hotels. The removal of borders at sea is expected to attract more foreign yachts to UAE waters and bolster the nation’s growing marine tourism economy without administrative interruptions. <iframe width="640" height="360" src="https://www.youtube.com/embed/XrALjqyeJKk?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> The Gulf Superyacht Summit 2026As the Middle East’s maritime sector continues to flourish, the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" target="_blank">Gulf Superyacht Summit</a> will return in December to the region in 2026. Further details are yet to be announced, but early registration will be announced in due course and includes priority access to dinners and discounts on ticket prices. You can also watch our video on why the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" target="_blank">Gulf Superyacht Summit&nbsp;</a>should be on your 2026 event calendar here.Moreover, if you are interested in becoming a speaker at the 2026 edition of the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>, then reach out to us at news@superyachttimes.com.We also have a variety of sponsorship opportunities available which provide you and your team with exposure and access to the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>. To explore these further, contact our sales team at sales@superyachttimes.com.&nbsp;Finally, you can stay up-to-date with all news regarding the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> by signing up to our newsletter here, which provides updates, insights and information regarding the event each year.

Foreign yachts to sail freely between Abu Dhabi and Dubai

From January 2026, foreign yachts can cruise freely between Abu Dhabi and Dubai with a single sailing permit under a new protocol.

Foreign yachts to sail freely between Abu Dhabi and Dubai from 2026

Building on its growth as a global yachting hub, Dubai is adopting a more strategic and business-oriented approach to developing its maritime sector as part of its wider economic objectives. Through regulatory reform, targeted infrastructure investment and large-scale environmental initiatives, the city sees yachting not only as a lifestyle draw, but also as a catalyst for long-term business growth, innovation and inward investment.<img src="https://photo-assets.superyachttimes.com/photo/371503/image/large-62250e7ac28e232f2c5e8db6051ee892.jpg" data-gid="gid://syiq/Photo/371503">Positioning Dubai for investmentDubai’s transformation from a modest trading port to a global hub for trade, tourism and maritime activity reflects its success in combining clear policy direction with strong public-private collaboration.&nbsp;Speaking at the Asia-Pacific Superyacht Summit in May 2025, Issam Kazim, CEO of the <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai Corporation for Tourism and Commerce Marketing (DCTCM)</a>, part of the Dubai Department of Economy and Tourism (DET), explained how the city has &nbsp;focused on building its infrastructure and attracting tourists from around the world. He detailed how the implementation of its diversification strategy had helped Dubai open the market quickly in the post-Covid era. More importantly, Dubai has become not just a repeat destination for many, it is now becoming home for people relocating family offices and headquarters.At the core of this proposition are Dubai’s favourable business climate and coordinated approach to development. In 2024, the emirate ranked as the world’s leading destination for Greenfield foreign direct investment (FDI) for the fourth consecutive year, according to Financial Times Ltd.’s fDi Markets, attracting 52.3 billion dirhams ($14.25 billion) in estimated FDI capital alone. This momentum aligns with the long-term goals of the Dubai Economic Agenda, D33, which aims to double the size of Dubai’s economy by 2033 and further consolidate its position as a leading global destination for business and leisure.Close cooperation between government and industry has been key to this progress. Regular consultation ensures infrastructure, regulations and sustainability measures align with investor expectations. As Kazim noted, truly understanding the industry and maintaining strong private-public sector partnerships have been “the backbone of Dubai’s success and will continue to be so going forward”.Public investment in major assets, such as the expansion of Nakheel Marinas and the redevelopment of Mina Rashid, is matched by private sector services ranging from maintenance and refit to technical support.<img src="https://photo-assets.superyachttimes.com/photo/371506/image/large-e25bec56d4382b9c999e4cae8b373e50.jpg" data-gid="gid://syiq/Photo/371506">Dubai’s appeal for yacht owners and marine businesses is also shaped by ease of access and strong connectivity. Flagship airlines and private aviation links connect the city to major markets, an advantage for high-net-worth individuals in Asia. With more than 5,000 berths across 22 marinas, Dubai offers capacity and technical services that rival long-established yachting centres. Kazim noted that this growth is clear in the increasing number of yachts and superyachts relocating to Dubai, if not permanently then for part of the year, to benefit from Dubai’s winter climate and supporting infrastructure.Visa policies and streamlined regulations further strengthen Dubai’s competitive position. Programmes such as the Golden Visa, multi-entry visas and simplified superyacht registration make it easier for owners and operators to establish a long-term base. Foreign-flagged yachts are exempt from VAT and customs duties under certain permits, while the proposed GCC Unified Visa could expand regional cruising opportunities.Complementing its business environment is a diverse destination offering. Luxury hotels, fine dining, cultural attractions and outdoor activities add to Dubai’s appeal for owners and family offices. A record 18.72 million international visitors in 2024, up nine per cent year-on-year, underlines Dubai’s position as a resilient tourism leader and an increasingly credible base for maritime investment and wealth.<img src="https://photo-assets.superyachttimes.com/photo/371505/image/large-c6d0508d08cf93d811d8059f0c1a106c.jpg" data-gid="gid://syiq/Photo/371505">Dock &amp; Dine: Linking yachting and waterfront hospitalityAs part of wider efforts to encourage short-stay yachting and strengthen Dubai’s role as a maritime hub, the city has introduced the Dock &amp; Dine initiative. Developed by the Dubai Department of Economy and Tourism (DET) in collaboration with the Dubai Maritime Authority (DMA), the programme spans 20 marinas and marina stations across the city. It is described as the region’s most extensive marina dining concept and supports the objectives of the Dubai Economic Agenda, D33.Designed for yacht owners, crews and guests seeking short-term berthing, Dock &amp; Dine provides convenient access to a curated selection of restaurants, luxury hotels, cultural attractions and waterfront entertainment. Visitors can sail easily between different docks and dining venues, enjoying a diverse range of cuisines within a 45-minute to one-hour cruising radius.Key features include complimentary moorage at participating marinas, quick booking response times, direct coordination with restaurants for reservations, and dedicated dock tenders for smooth drop-offs and pick-ups. A unified regulatory framework ensures a consistent, straightforward experience across the city’s marinas.By harmonising marina regulations and enhancing operational processes, the city is making it easier for foreign-flagged vessels to arrive and ensuring guests enjoy streamlined access and world-class service.Making waterfront dining more accessible, the initiative supports Dubai’s appeal as a year-round destination, especially during the peak winter season when favourable weather and a vibrant events calendar attract a growing number of international visitors. With thousands of berths available across its marina network, the city remains well positioned to accommodate a wide range of vessels, from smaller pleasure craft to larger superyachts.<img src="https://photo-assets.superyachttimes.com/photo/371502/image/large-fa0bda07384ec7d837f8efc51c86c123.jpg" data-gid="gid://syiq/Photo/371502">DUBAI REEF: A marine megaprojectA pioneering purpose-built reef development and one of the largest in the world, DUBAI REEF reflects the emirate’s commitment to marine conservation. Spanning 600 square kilometres of Dubai’s waters, the multi-faceted sustainability initiative is designed to enhance biodiversity, increase ecosystem resilience, and strengthen socio-economic prosperity and eco-tourism through its three main pillars: Marine Habitat Restoration, Marine Life Rehabilitation, and Marine Conservation Research.The first pillar, the Marine Habitat Restoration programme, will see a total of 20,000 purpose-built reef modules of various sizes and shapes deployed across the project area by 2027. The reef modules will help restore marine habitat, boost fish populations, and increase ecosystem resilience. Pillar two, Marine Life Rehabilitation, supports the growth of indigenous marine species and will focus on coral restoration in its pilot phase. The third pillar, Marine Conservation Research, focuses on strategic academic partnerships with DUBAI REEF presenting a living platform for marine research, innovation, and marine conservation studies.&nbsp;The result of a collaboration among key partners, who have come together from across the public and private sectors to realise shared sustainability objectives, DUBAI REEF contributes to global conservation efforts, directly supporting several United Nations’ Sustainable Development Goals (SDGs): Climate action (SDG 13), Life below water (SDG 14), and Partnerships (SDG 17).<img src="https://photo-assets.superyachttimes.com/photo/371523/image/large-66afb8b5507fb18081f8cf6266a23b21.jpg" data-gid="gid://syiq/Photo/371523">To learn more, meet the <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai</a> team at the Monaco Yacht Show at stand PP76 (Parvis Piscine).

Dubai’s maritime economy and global yachting

Dubai Tourism is returning to the Monaco Yacht Show next week, find out more information here.

Discover Dubai at Monaco: Developing a maritime economy and yachting hub

“If you want to be able to get into all your favourite spots quickly and get closer, she is the ideal yacht and exactly why we went for her,” says the owner of <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a>, a 49.9-metre Mangusta yacht that has redefined how his family experiences the Mediterranean. <img src="https://photo-assets.superyachttimes.com/photo/367574/image/large-946d4c233c9ecedda022b0dc7bc580df.jpg" data-gid="gid://syiq/Photo/367574">Launched in 2012, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> is part of <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a>’s Mangusta 165 series, a platform renowned for its speed, low profile and distinctive Italian styling. Now offered to the charter market for the first time, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> is more than a high-speed cruiser. With an ambitious cruising track record and a layout refined through experience, she reflects the priorities of a hands-on owner: comfort, flexibility and, above all, the freedom to move. We spoke with her owner to find out how he fit an expansive Mediterranean tour into only a month and to understand why he thinks that sets the yacht apart. <img src="https://photo-assets.superyachttimes.com/photo/271359/image/large-5d40be1faa32636734c08bad1fcdb44a.jpg" data-gid="gid://syiq/Photo/271359">A four-week grand tourIn just four weeks, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> completed an ambitious Mediterranean itinerary that would have been logistically unfeasible for most displacement yachts. Embarking in Monaco, the crew collected the owner in Portofino before cruising south via Elba, Corsica and Sardinia. An extended stay beneath Capri’s dramatic limestone cliffs was followed by a passage past Stromboli to Taormina in Sicily, and onwards to the Ionian Islands in Greece, with pauses at Zakynthos, Ithaka and Anti Paxos, before turning north to Montenegro and Croatia, where the voyage concluded in Dubrovnik.“It was probably the best of Italy, the best of the Ionian and the Croatian coast – all in one cruise,” the owner reflects. “We covered a huge amount of ground, but it never felt rushed. That’s what this boat makes possible.” Cruising comfortably at 25–30 knots, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> can achieve in hours what other yachts require a full day to cover. The 100-nautical-mile passage from Monaco to Portofino, for instance, took just four hours – a journey that would take double that for most vessels.<img src="https://photo-assets.superyachttimes.com/photo/368442/image/large-419c5a1f868642b4c3fe67a399d82bbb.jpg" data-gid="gid://syiq/Photo/368442">Flexibility was key. The ability to adapt to weather or shift plans spontaneously made the experience all the more enjoyable. “We tend to plan as we go. If the weather’s not great where we are anchored, we have the flexibility to move elsewhere quickly. If something looks promising on the chart, we make a detour. You’re not locked into a rigid itinerary.”This responsiveness, paired with a shallow draft and high cruising speed, allowed <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> to access small harbours and anchorages that many tri-deck yachts simply cannot reach. “We’ve taken her into places like Bonifacio, Portoferraio, Hvar – even backed her into Portofino. That’s a real experience, arriving at those spots by sea in a yacht of this size.”<img src="https://photo-assets.superyachttimes.com/photo/367659/image/large-8932eb38eb98815ce07278dc03827d06.jpg" data-gid="gid://syiq/Photo/367659">Capable of speeds over 30 knots, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> has been designed to make the most of every moment aboard. “We’re often travelling with limited time, just a few weeks, sometimes days. Being able to move quickly between locations changes the whole dynamic. From Monaco, you can be in Saint-Tropez in just over an hour, or dash across to Portofino for lunch. That opens up destinations most people would rule out for a short trip.” <img src="https://photo-assets.superyachttimes.com/photo/367664/image/large-73c5e0e34d6a141c5f019e8986ce01bd.jpg" data-gid="gid://syiq/Photo/367664">While her performance is impressive, comfort has not been sacrificed. The yacht features four guest staterooms, including a full-beam master suite, as well as a fifth convertible cabin that doubles as a cinema lounge. Recently updated, this space now features a full bed and privacy curtain, ideal for families travelling with children or extra guests. Importantly, this adjustment was made without removing the onboard gym, maintaining wellness facilities that are often the first to go on similar refits.“She’s not configured for large parties, we cruise as a family, usually just the five of us. But the layout works brilliantly. The cinema can be set up for guests, and we still have a proper gym. It’s balanced.”Noise and vibration levels are also notably low, even at speed, particularly with the new set of gyroscopic stabilisers. “We’ll often watch movies in the master at night while underway. You don’t notice the motion, it’s very smooth.”What the owner values most, however, is the sense of proximity to the water. “I’ve been on a lot of yachts where you feel quite detached – you’re up high, behind glass, away from the sea. This is different. You really feel like you’re part of the journey.”<img src="https://photo-assets.superyachttimes.com/photo/367571/image/large-9ffd197f2db7188bdc9a807b27196bd1.jpg" data-gid="gid://syiq/Photo/367571">That connection is especially apparent on the sun deck and the forward lounging area, where new awnings now allow for shaded relaxation just metres from the sea. “That front area’s become a favourite of ours. You’re right there at the bow, low to the water, watching the coastline slip by.”The aft deck, too, offers wide views and clean sightlines, especially when manoeuvring in or out of port. “It’s a practical deck, but it’s also emotional – you feel the movement of the boat, the close link with the sea. That’s hard to find on larger yachts.”Though discreet by nature, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> has earned quiet recognition among those who understand performance. She shares her model line with another Mangusta favoured by a well-known Formula One team principal – a detail not lost on her owner.“It’s not something we shout about, but it says a lot. Someone who leads a high-performance racing team chose the same model, clearly, they saw the same potential in the platform.”That connection reinforces what the owner has come to appreciate first-hand: the Mangusta 165 is a yacht built for action, not just appearance.“It’s not about being seen,” he says. “It’s about being able to see. To experience more. To go further and faster without being weighed down by a slow, heavy platform. That’s why we chose her and why we’re excited for others to do the same.”<img src="https://photo-assets.superyachttimes.com/photo/271376/image/large-fd1f4873c11279a94d8a50010db5e831.jpg" data-gid="gid://syiq/Photo/271376">For those seeking a charter experience shaped by real ownership insight, where performance, comfort and freedom intersect, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> offers a rare opportunity. She is a yacht for guests who value movement, intimacy and access. Whether it's a high-season sprint along the Riviera or a month-long exploration from Monaco to Montenegro, <a data-gid="gid://syiq/Yacht/2951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royale X49.9m (163'9&quot;)Overmarine Group SPA2012">Royale X</a> delivers on her promise: to open up more of the Mediterranean, more quickly and with style.

Royale X high-speed Mangusta 165

We take a look at Royale X and her Mediterranean capabilities for charter.

Ownership insight: Exploring the Med at speed aboard 50m Royale X

Over three centuries ago, Maurepas, a French frigate sent by King Louis XIV, sank off the coast of Panama. Its location has remained a secret, closely guarded by the indigenous Guna Yala people of the San Blas islands. No explorer has been allowed to search the sacred waters. Until now.<img src="https://photo-assets.superyachttimes.com/photo/368619/image/large-c2804e39714b85960edd8b36a9b2a4c8.jpeg" data-gid="gid://syiq/Photo/368619">Permission to search the sacred waters of the San Blas Islands, off the coast of Panama, is rare and must be granted by the indigenous Guna Yala community. For the first time ever, the Guna people have given Deep Blue Explorers (DBE), a team of Ocean X, permission to search for the lost frigate Maurepas, and any passionate traveller can decide to join.&nbsp;To realise this incredible opportunity, DBE teamed up with <a data-gid="gid://syiq/Company/6954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pelorus (Company)">Pelorus</a> Travel to create a sacred treasure hunt. Not only will guests get to search for the gold, silver, and jewels that remain in the shipwreck, they also get to meet and spend time with the Guna Yala peoples, with whom the treasure will be shared.&nbsp;Worth an estimated $24 million USD, the treasure will be divided among the Guna Yala, the DBE-team, and guests who've signed up for the experience. Of the total treasure found, 70 percent is to be returned to the indigenous Guna Yala. Of the remaining 30 percent (post all associated fees), guests will get to split 4.94 percent of the treasure with their travel party.<img src="https://photo-assets.superyachttimes.com/photo/368620/image/large-41ddd89008ffc7bc99cbc946a70b0ed2.jpeg" data-gid="gid://syiq/Photo/368620">Why now and why Deep Blue Explorers?For more than three centuries, the treasure of Maurepas has been sitting in an unknown location off the coast of Panama. The shipwreck is protected by the indigenous Guna Yala tribe, who inhabit 49 of the 300 Panaminian San Blas islands. The water surrounding the islands is considered sacred by the Guna people, making it impossible to legally search for the lost treasure. Now, the Guna Yala have decided to share this secret with the DBE-team.To understand why, we have to travel back to 2011 and 10,000 kilometres East. The Ocean X team discovered what is now known as the ‘Baltic Sea Anomaly’, a strange object sitting at the bottom of the Baltic Sea. To this day, no one knows exactly what it is or why it's there. That is, no one besides the Guna Yala. Although its thousands of kilometres away, the Guna Yala believe that the 'Baltic Sea Anomaly' is the interstellar vessel in which their ancestors descended from space. In 2012, a legal representative of the Guna Yala contacted Ocean X to get in touch about not just the anomaly, but also to explore the lost treasure of Maurepas.Besides the hindrance of the pandemic, the long timeline highlights how careful the Guna Yala people are in sharing the details of the lost treasure. After thirteen years of negotiations and conversations, legal agreements have been established, as well as enough trust between the DBE-team and the Guna Yala, to make this expedition a reality. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/368621/image/large-649fd34e338b413999d162950582b455.jpeg" data-gid="gid://syiq/Photo/368621">What to expect&nbsp;During a seven-day stay onboard a catamaran or superyacht, guests will get to experience what it’s like to be a modern-day-explorer. Each day, guests dive and explore the sacred waters, sit in on evening lectures about the history of Maurepas, and have the rare chance to share a meal with the Guna Yala while listening to generation-old stories.&nbsp;After spending each day scanning the seabed with a magnetometer, salvage diving and observing the recovery process of the treasure, guests will get to enjoy gourmet meals, prepared by a 5-star chef, while relaxing in air conditioned spaces. &nbsp;Besides guests, the DBE-team and the superyacht's crew, the expedition will also be filmed and turned into a documentary by renowned filmmaker Mikael Flodell. Flodell has played an important role in organising the expedition, sitting in on multiple meetings with the Guna Yala Congress and community leaders, who decide collectively whether something or someone is welcome in their sacred sea. Flodell will film a documentary on searching and finding the Maurepas&nbsp;treasure, with &nbsp;a special focus on the indigenous Guna Yala. By joining this special expedition and featuring in the documentary, guests will receive an additional $25,000 per person.<img src="https://photo-assets.superyachttimes.com/photo/101732/image/large-5d41e8900e3471f91cd42627433fad24.jpg" data-gid="gid://syiq/Photo/101732">A luxurious expedition&nbsp;While the DBE-team will take care of all the logistics, equipment, and contact with the Guna Yala, <a data-gid="gid://syiq/Company/6954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pelorus (Company)">Pelorus</a> Travel will take care of the guests. Whether guests want to stay onboard the 16-metre catamaran, Cocoloco, or prefer to stay onboard a large and luxurious superyacht the likes of <a data-gid="gid://syiq/Yacht/16126" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kontiki40.0m (131'3&quot;)Varadero Maridueña2011">Kontiki Wayra</a>, <a data-gid="gid://syiq/Yacht/116" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Dea II49.07m (160'12&quot;)Trinity Yachts2007">La Dea II</a> or <a data-gid="gid://syiq/Yacht/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird69.5m (228'0&quot;)Feadship2007">Firebird</a>, depends on their personal budget; the trip can be as basic or as luxurious as guests prefer.Each of the three available superyachts are well equipped for the expedition and will all ensure a comfortable stay. <a data-gid="gid://syiq/Yacht/16126" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kontiki40.0m (131'3&quot;)Varadero Maridueña2011">Kontiki Wayra</a> is a boutique yacht by <a data-gid="gid://syiq/Company/8353" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Maridueña (Company)">Maridueña Shipyard</a> that blends wellness and discovery, making her an ideal choice for such a yachting expedition. Built a mere four years ago, this 40-metre motor yacht can accommodate up to 18 guests and 13 crew members, ensuring you’ll explore in comfort. Instead, the 49-metre <a data-gid="gid://syiq/Yacht/116" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="La Dea II49.07m (160'12&quot;)Trinity Yachts2007">La Dea II</a>, built by <a data-gid="gid://syiq/Company/106" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trinity Yachts (Company)">Trinity yachts</a>, is a veteran to the open seas. Built in 2007, she can accommodate up to 12 guests and 9 crew members. Another great option is the 70-metre <a data-gid="gid://syiq/Yacht/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird69.5m (228'0&quot;)Feadship2007">Firebird</a>, built by <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, she is the largest superyacht on offer for this treasure hunt and can accommodate up to 17 guests and 19 crew members.No matter what superyacht guests decide on, joining this adventure will be an unique opportunity to find a 300-year-old lost treasure, parttake in a documentary, experience the coast of Panama, and potentially get a percentage of a $24 million treasure.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/293269/image/large-5dc2e2d898917c2a30cf5126450de606.jpg" data-gid="gid://syiq/Photo/293269">This article was initially published in the&nbsp;<a href="https://yachtchartermarket.com/p/join-a-24-million-treasure-hunt-in-the-sacred-waters-of-panama" rel="noopener noreferrer" target="_blank" title="">Yacht Charter Market Newsletter</a>. Sign up for the weekly newsletter&nbsp;<a href="https://yachtchartermarket.com/" rel="noopener noreferrer" target="_blank" title="">here</a>.

treasure hunt panama

Deep dive into the protected Guna Yala waters of Panama in search of Maurepas, a 300-year-old treasure

Searching for Maurepas: the lost treasure of King Louis XIV

The 33.91-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> sold in a deal with <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a> introducing the buyer and Cem Kuşkonmaz of <a data-gid="gid://syiq/Company/4569" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautique Yachting (Company)">Nautique Yachting</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/387155/image/large-60c3de5f5b0522e9e6fa4ae304bf61b8.jpg" data-gid="gid://syiq/Photo/387155">Delivered in 2011 as part of the <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 34M series, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> has been designed in-full by her British builder <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, which were responsible for her interior and exterior design, as well as her naval architecture.&nbsp;Spanning 225 GT, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> can comfortably accommodate up to 10 guests across a five stateroom configuration, with her master suite situated forward on the main deck, alongside two doubles and two twins on the lower deck.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, providing her with a cruising speed of 18 knots and a top speed of 25 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> had a last known asking price of €3,900,000.&nbsp;

Final Cut: 34m Sunseeker yacht sold

The 33.91-metre Sunseeker motor yacht Final Cut sold with a last known asking price of €3,900,000.

34m Sunseeker motor yacht Final Cut sold

<a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has announced the appointment of Myriam Cutolo as Executive Vice President. <img src="https://photo-assets.superyachttimes.com/photo/400424/image/large-bb28a90401bc22ca0d567563f4dbb08e.png" data-gid="gid://syiq/Photo/400424">In her new role, Myriam Cutolo will coordinate the company’s administration, finance, organisation and business development activities, working in synergy with the management team and the heads of the various operational areas.Myriam brings with her extensive knowledge of the company, where she has developed her understanding of the organisation, its people and the processes in which it operates. An Olympic sailor and manager, her skills have been honed to complement the experience and skills of the team. <img src="https://photo-assets.superyachttimes.com/photo/400419/image/large-786015d14f715d880541f2641a598533.jpg" data-gid="gid://syiq/Photo/400419">Founded in 1995 by Sergio Cutolo and Silvia Himsolt, <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has evolved from an engineering company into a leading yacht design firm. The company has grown over the years, with the arrival of Nicola Camuffo as Chief Technical Officer (CTO) and Michele Lauriero as Chief Operating Officer (COO) in 2025.“Over more than thirty years, Sergio Cutolo built far more than a design studio: he built a culture, a vision and a wealth of expertise that today belong to all of <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>,” explained Myriam Cutolo.“My goal is not to replace my father, because a figure like his cannot be replaced, and there would be no point in trying. My role is to help ensure that what he built continues to grow and generate value through the people who lead and develop the company every day.”<img src="https://photo-assets.superyachttimes.com/photo/400421/image/large-e9c1b1f865b39b50291c37cd6dc865fe.jpg" data-gid="gid://syiq/Photo/400421">Speaking of his daughter’s transition into the role of Executive Vice President, President &amp; Founder Sergio Cutolo said: “Seeing Myriam take on this role is a source of great satisfaction for me, not only as founder but also as a father.”“What we are building together is an organisation capable of evolving while maintaining the same quality, reliability and passion that have guided us from the very beginning. That is the most important guarantee we can offer for <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>’s future.”

Hydro Tec appoints Myriam Cutolo as Executive Vice President

Hydro Tec has announced the appointment of Myriam Cutolo as Executive Vice President. 

The 33.4-metre <a data-gid="gid://syiq/Company/1419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maxi Dolphin s.r.l. (Company)">Maxi Dolphin</a> sailing yacht <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> has been sold in an in-house deal by <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>, with Tim Quinlan representing both the buyer and the seller. <a data-gid="gid://syiq/Company/1046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernard Gallay Yacht Brokerage (Company)">Bernard Gallay</a> acted as co-central agent in the transaction.<img src="https://photo-assets.superyachttimes.com/photo/93393/image/large-c02dd8a74e0d60a19510edac53f69400.jpg" data-gid="gid://syiq/Photo/93393">Delivered in 2013 by Italian shipyard <a data-gid="gid://syiq/Company/1419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maxi Dolphin s.r.l. (Company)">Maxi Dolphin</a>, <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> was designed by <a data-gid="gid://syiq/Company/3022" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Finot-Conq Architectes Navals (Company)">Finot-Conq Architectes Navals</a>, who were responsible for both her exterior design and naval architecture.&nbsp;Constructed with a GRP hull and superstructure, the sailing yacht has a beam of 8.25-metres and an interior volume of 116 GT. Accommodation onboard <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> is arranged for up to 12 guests, alongside dedicated quarters for four crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> is powered by a single <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> engine, delivering a cruising speed of 11 knots.The new owner intends to cruise and race Nomad IV in various parts of the world over the coming years, says <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.At the time of her sale,&nbsp;<a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> had a last known asking price of €4,900,000.

 33m Maxi Dolphin sailing yacht Nomad IV sold

The 33m Maxi Dolphin sailing yacht Nomad IV has been sold in an in-house deal by Ocean Independence with a last known asking price of €4,900,000.

33m Maxi Dolphin sailing yacht Nomad IV sold

Italian builder <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> has unveiled the first details of its 53-metre superyacht concept P53, developed by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>'s Research &amp; Development Department and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Centro Stile. The concept inaugurates the shipyard's P-Fleet series, offering a contemporary interpretation of the historic Picchiotti brand, while remaining below 500 GT.<img src="https://photo-assets.superyachttimes.com/photo/400402/image/large-629a01f1b1d53068e2ffcc21ae4e1e9d.jpg" data-gid="gid://syiq/Photo/400402">The P53 represents the latest evolution of the brand, signalling a departure from its more classically inspired Gentleman Fleet. The yacht embodies a more architectural design language that prioritises openness and flexibility, redefining contemporary living on the water with spaces that adapt to the modern explorer.<img src="https://photo-assets.superyachttimes.com/photo/400401/image/large-2d914901251569fc76058ca561fd1aeb.jpg" data-gid="gid://syiq/Photo/400401">With a 10-metre beam, the vessel will be built with an aluminium hull and superstructure. According to the shipyard, the P53 has been conceived to combine generous onboard volumes with efficient operation, creating a yacht that balances privacy, comfort and long-range cruising.<img src="https://photo-assets.superyachttimes.com/photo/400403/image/large-36bcc075c51630f0cecd5cfd074ecf08.jpg" data-gid="gid://syiq/Photo/400403">Outside, P53 is defined by a near-plumb bow, a sweeping glazed superstructure and expansive dark glazing that seamlessly connect the decks. Spacious aft decks, uninterrupted walkaround side decks and generous lounge areas reinforce the yacht's emphasis on outdoor living, while a resort-style beach club with fold-down platforms extends into a waterside terrace, highlighting a swimming pool.<img src="https://photo-assets.superyachttimes.com/photo/400405/image/large-4a99c6acfa5d31b71e87d9f9800ad71f.jpg" data-gid="gid://syiq/Photo/400405">The relationship between the yacht and the sea is central to the concept. The beach club, folding terraces, generous glazing and continuity between the interior and exterior are intended to create what the shipyard describes as "a concrete, physical and daily experience".<img src="https://photo-assets.superyachttimes.com/photo/400407/image/large-df6f37ceff582b3ba3416646a1eb6694.png" data-gid="gid://syiq/Photo/400407">Inside, P53 embraces a warm, minimalist aesthetic of natural wood finishes, textured fabrics and sculptural furnishings with floor-to-ceiling windows letting in abundant natural. An open-plan main saloon revolves around a floating staircase, while the owner's suite benefits from direct access to a private courtyard-style terrace. <img src="https://photo-assets.superyachttimes.com/photo/400406/image/large-daa53d1228baa068e244354e309f4f7c.png" data-gid="gid://syiq/Photo/400406">Designed for adaptability, the P53’s living spaces are able to meet the changing needs of the owner. <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> has seamlessly integrated areas for wellness, entertainment and relaxation, allowing the yacht to effortlessly flow between being a private retreat and a vibrant social space.<img src="https://photo-assets.superyachttimes.com/photo/400404/image/large-8354e2677bb64acf4a596db00ac68776.png" data-gid="gid://syiq/Photo/400404">Staying under the 500 GT threshold was a conscious design choice. This enables P53 to offer generous interior volumes without sacrificing efficiency or ease of handling, all while certifying guests feel truly connected to the sea.<img src="https://photo-assets.superyachttimes.com/photo/400400/image/large-f8ca43db82233000306fc926c7ac9212.jpg" data-gid="gid://syiq/Photo/400400">With an interior volume of 499 GT, accommodation onboard is arranged for up to 12 guests across six staterooms, alongside quarters for 10 crew members across five quarters.In terms of performance, the P53 is projected to propel at a top speed of 18 knots and a cruising speed of 14 knots. At a speed of 10 knots, she is expected to offer a range of 4,000 nautical miles.

Picchiotti unveils 53m Picchiotti P53 yacht concept

Picchiotti has unveiled 53m superyacht concept Picchiotti P53, developed by The Italian Sea Group and Picchiotti Centro Stile. 

TISG unveils 53m Picchiotti P53 yacht concept

Norwegian maritime technology company <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> has announced an agreement to acquire the Swedish company <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> AB.<img src="https://photo-assets.superyachttimes.com/photo/400397/image/large-a892bdf50408f966fb7e7ca3fd29bc7f.jpg" data-gid="gid://syiq/Photo/400397"><a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a leading designer and manufacturer of integrated propulsion and electrical systems for the maritime market and has demonstrated strong growth and a profitable market position in recent years.“This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments,” explained Lisa Edvardsen Haugan, CEO of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>.The financial details of the transaction are currently undisclosed, but the acquisition is priced at approximately the same EV/EBITDA level as the current pricing of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> ASA.“<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> complements our portfolio in a highly attractive way and together we will deliver greater value through a wider offering, stronger lifecycle support and shared expertise,” added Haugan.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> will operate as a separate brand and standalone business unit within <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>’s Propulsion &amp; Handling division, allowing <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg</a>’s customer focus and culture to be maintained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400398/image/large-ae759ecd6b2a91de8c3c0a944c475fb2.jpg" data-gid="gid://syiq/Photo/400398">“Joining forces with <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> is an exciting opportunity for <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>. Our businesses complement each other well, and together we can create new opportunities for our customers and employees,” commented Philip Chaabane, CEO of <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>.According to <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>, the acquisition will allow them to benefit from <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.“The transaction will unlock significant potential in the aftermarket,” explained Per Håvard Siljan Hjukse, EVP Propulsion &amp;. Handling at <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>. “We also see cross selling opportunities, such as our Energy &amp; Control products into <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s core segments, and Berg’s propeller systems into naval where KM has strong positions.”The combined propulsion portfolio will cover a full spectrum of technologies, including controllable pitch propellers and thrusters, hybrid and electrical propulsion systems and integrated vessel control solutions.In January 2026, <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> announced that the company was formally on track to become an independent company after shareholders of Kongsberg Gruppen approved the separation at a general meeting held on Thursday 22 January 2026.Read more: <a data-gid="gid://syiq/Article/65227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime to become stand-alone company (2026-01-23 12:15:00 +0100)">Kongsberg Maritime to become stand-alone company</a><img src="https://photo-assets.superyachttimes.com/photo/400399/image/large-55d4fc3d28111400f5505de36c37d8d0.png" data-gid="gid://syiq/Photo/400399"><a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> operates across multiple maritime segments, supplying systems and solutions for offshore vessels, cruise ships, fishing vessels and naval platforms. The company is also a well-established supplier within the yacht and superyacht sector, where its integrated bridge systems, propulsion solutions and automation technologies are widely used.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a Swedish company that designs and manufactures controllable-pitch propellers for the marine industry. The company produces customised main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems for various vessels including cargos, tugs and superyachts.&nbsp;

Kongsberg Maritime acquires Berg Propulsion

Norwegian maritime technology company Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion AB.

The 25.5-metre <a data-gid="gid://syiq/Company/8931" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Yacht (Company)">Delta Yacht</a> motor yacht <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">Ferro 77</a> is currently on the market with Pantelis Stathis and Adam Levine of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is an all-aluminium build that represents a rare opportunity to acquire a yacht that is both “technologically advanced and turnkey ready.”<img src="https://photo-assets.superyachttimes.com/photo/400271/image/large-042e416a0749ce23d26bfd1684f1f61f.jpg" data-gid="gid://syiq/Photo/400271">Delivered in 2024 by the Turkish shipyard, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/8930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FERKA Yacht Interior & Furniture (Company)">Ferka Yacht Interior &amp; Furniture</a>.<img src="https://photo-assets.superyachttimes.com/photo/400272/image/large-665cfddabcdbf43bcb7373c8c8725c19.jpg" data-gid="gid://syiq/Photo/400272">Constructed with an aluminium hull and superstructure, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> has a beam of 5.9-metres and a draft of 3.5-metres, allowing access to remote anchorages.<img src="https://photo-assets.superyachttimes.com/photo/400302/image/large-6d3043599779cd785d7f04425cfecd3e.jpg" data-gid="gid://syiq/Photo/400302">Outside, <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">Ferro 77</a> is defined by sleek lines and entertaining spaces across her spacious flybridge, making her ideal for both private use and charter operations. Aft, her deck features a hydraulic swim platform that grants effortless access to the water, while her bow offers dedicated areas for sunbathing and relaxation.<img src="https://photo-assets.superyachttimes.com/photo/400300/image/large-a5fd57a1f3a98a7a0589aae8263b3566.jpg" data-gid="gid://syiq/Photo/400300" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/400303/image/large-6e9bbbd0baf0b3f97cd0bba14c1cc3eb.jpg" data-gid="gid://syiq/Photo/400303">Stepping inside, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> welcomes guests with a contemporary interior finished in a light and neutral palette, elevated by full-height glazing that bathes her living spaces with natural light.<img src="https://photo-assets.superyachttimes.com/photo/400290/image/large-5012de86bd386c51fa239bfaaca07f1a.jpg" data-gid="gid://syiq/Photo/400290"><img src="https://photo-assets.superyachttimes.com/photo/400298/image/large-1896711a5b580ca09d5f9090babe178c.jpg" data-gid="gid://syiq/Photo/400298">Spanning 120 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=delta-yacht" rel="noopener noreferrer" target="_blank" title="">Delta yacht for sale</a> is arranged for up to eight guests across four staterooms, including a full-beam owner's suite with a private entrance. Dedicated quarters are available for four crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/400299/image/large-360a0105e4be0726bec696c3df1c7d28.jpg" data-gid="gid://syiq/Photo/400299">In terms of propulsion, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, delivering a cruising speed of 15 knots and a top speed of 23 knots. Moreover, she is equipped with stabilisers for use underway and at anchor, while solar charging supports the yacht's battery systems.<img src="https://photo-assets.superyachttimes.com/photo/400274/image/large-f1786fa85709141d256c445e720e412e.jpg" data-gid="gid://syiq/Photo/400274"><img src="https://photo-assets.superyachttimes.com/photo/400273/image/large-21b92ff0095aabee27e5cb3087b92fb0.jpg" data-gid="gid://syiq/Photo/400273">All images provided courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

 26m Delta Yacht motor yacht Ferro 77 for sale

The 26m Delta Yacht motor yacht Ferro 77, an all-aluminium build is currently on the market with IYC. 

The 39.5-metre <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta</a> motor yacht <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> ran aground off Palmanova beach on Sunday 12 July at dawn.<img src="https://photo-assets.superyachttimes.com/photo/400367/image/large-b7d594b18122e3247204866d8fae5ca2.jpg" data-gid="gid://syiq/Photo/400367">According to local news reports, the yacht remained trapped for over an hour until several towing maneuvers were performed and freed her at 06:41. <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> then left the area, with AIS showing she then cruised to El Toro.&nbsp;Launched in 2005 as part of the <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta</a> 130 series, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> features exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, while her interior was penned by <a data-gid="gid://syiq/Company/2090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luxury Projects (Company)">Luxury Projects</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/400368/image/large-fbe1b23554f87fee40103184abab8543.jpg" data-gid="gid://syiq/Photo/400368"><a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> underwent a refit in 2010 during which her systems were updated, she also regularly visits the <a data-gid="gid://syiq/Company/4473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STP Shipyard Palma (Company)">STP Shipyard Palma</a> refit facility for maintenance. Spanning 235 GT, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> can sleep up to nine guests across a four stateroom configuration, as well as a crew of five in three cabins.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a cruising speed of 32 knots and a top speed of 35 knots. At the time of publication, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> is showing a location of Formentera, Spain according to AIS.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/74030/image/large-4e55b39a4083f35949fb1b54013c3bd8.jpg" data-gid="gid://syiq/Photo/74030">

Mrs Grey: 40m Mangusta 130 yacht runs aground in Palmanova

The 39.5-metre Mangusta motor yacht Mrs Grey ran aground off Palmanova beach on Sunday 12 July at dawn.

40m Mangusta yacht Mrs Grey runs aground in Palmanova, Mallorca

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> has announced that the second <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 yacht <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> has been launched, following the delivery of the first hull, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a>, earlier last week. The semi-custom yacht features an extended length of 53.5-metres and a hybrid propulsion system.<img src="https://photo-assets.superyachttimes.com/photo/399950/image/large-ab3712c7050b433b0b803e8d54c031e6.jpg" data-gid="gid://syiq/Photo/399950">Built with an aluminium hull and superstructure, construction on <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> began in April 2024 with her <a data-gid="gid://syiq/Article/60101" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="53m hybrid Admiral Panorama superyacht keel laid (2024-04-04 12:00:00 +0200)">keel laying</a>, before the yacht <a data-gid="gid://syiq/Article/61701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral 53M Hybrid superyacht moves to outfitting (2024-10-10 16:00:00 +0200)">moved to outfitting</a> in October 2024. <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> features exterior design by <a data-gid="gid://syiq/Company/6288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Piredda & Partners (Company)">Piredda &amp; Partners</a>, with naval architecture penned in-house by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. Meanwhile, her interior designer, <a data-gid="gid://syiq/Company/4944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RADYCA INC (Company)">RADYCA</a>, was handpicked by the owner.<img src="https://photo-assets.superyachttimes.com/photo/400361/image/large-7aebb9b9bb1038be2cda557f786149af.jpg" data-gid="gid://syiq/Photo/400361">"M/Y <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> has been a priority new construction project for me from the very beginning," said Founder and Chairman of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> and owner’s representative Frank Grzeszczak Sr. "I have worked alongside the owner for more than 28 years on 7 deals, which 3 were new construction that he built and resold. To be part of the entire journey -- from concept and construction to today's launch and upcoming delivery --has been incredibly rewarding. Seeing a client's vision become reality is exactly why I love what I do."Spanning three decks, <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> bridges the gap between indoor and outdoor spaces, with spacious areas, high ceilings and panoramic windows. Her interiors use high quality, natural materials, including stones, wood and rough metals.<img src="https://photo-assets.superyachttimes.com/photo/400366/image/large-7cd6769be02a39cbcd70bd8ae1d7bde4.jpg" data-gid="gid://syiq/Photo/400366"><a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> is capable of sleeping as many as 12 guests across five staterooms on the lower deck, while her owner’s suite on the upper deck benefits from panoramic views on all three sides, and leads to a private forward-facing deck.In terms of performance, <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> is fitted with an <a data-gid="gid://syiq/Company/7127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="E-Motion Hybrid (Company)">E-Motion Hybrid</a> propulsion system, which consists of twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> diesel engines, four variable-speed generators, two permanent magnet electric motors and a large lithium polymer battery pack.<img src="https://photo-assets.superyachttimes.com/photo/400363/image/large-e060779ee47b5fca907dfd59062cf62e.jpg" data-gid="gid://syiq/Photo/400363">The system allows for several operating modes, such as diesel main engines and electric alternators providing power to all onboard services during navigation with the generators off, allowing the batteries to recharge. Alternatively, variable-speed generators can adjust their output based on the onboard load requirements in order to limit fuel consumption.Her batteries are complete with a ‘peak-shaving’ function, avoiding the need for activating a second or third generator during short-term load peaks. In addition, the batteries ensure the yacht can continue running even in the event of a temporary loss of shore power, preventing blackouts.

Silvia: Custom Admiral Panorama 50 yacht prepares for launch

The Italian Sea Group has announced that the second 49.5-metre Panorama 50 yacht Silvia is preparing for her launch.

Semi-custom 54m Admiral Panorama 50 yacht Silvia launched

The 49.9-metre <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> superyacht <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> has been sold, with <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence’s</a> Tom Roberts introducing the buyer and Jeremy Comport and Jack Gradus representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/10766/image/large-9b51665eea2c61a24cc6f095613dd32e.jpg" data-gid="gid://syiq/Photo/10766">Part of <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa’s</a> S501 series, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> was delivered in 2017 and features naval architecture by <a data-gid="gid://syiq/Company/7852" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massimo Visibelli (Company)">Massimo Visibelli</a>, with exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a> and interiors created through a collaboration between Paszkowski and <a data-gid="gid://syiq/Company/6365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Margherita Casprini (Company)">Margherita Casprini</a>.Her open-plan main saloon draws inspiration from 1950s design, combining raw materials with refined finishes to create a warm and inviting atmosphere. With a volume of 499 GT, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> accommodates up to 12 guests across six well-appointed staterooms. Outdoor amenities include alfresco dining, an outdoor cinema, Jacuzzi and sunlounging areas.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 14 knots and a top speed of 16 knots.&nbsp;

Tankoa yacht Vertige sold

The 49.9-metre Tankoa superyacht Vertige has been sold.

50m Tankoa superyacht Vertige sold

<img src="https://photo-assets.superyachttimes.com/photo/400246/image/large-900595f67ea5f2e634d142cb0c17d049.jpg" data-gid="gid://syiq/Photo/400246">Anchored among the fjords of Norway, the 73-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</a> is currently moored off the city of Bodø, according to AIS data.Previously known as Saint Nicolas, the yacht was delivered by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> in 2007 and re-emerged in March 2025 following a 12-month transformation at <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. The extensive refit saw her exterior reimagined by <a data-gid="gid://syiq/Company/7339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pascoli International (Company)">Pascoli International</a> and her interiors redesigned by <a data-gid="gid://syiq/Company/110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Patrick Knowles Designs (Company)">Patrick Knowles Design</a>, alongside significant technical upgrades and structural modifications.Now featuring a striking black-and-white exterior, <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</a> retains elements of her original character while introducing a more contemporary aesthetic. Inside, the existing <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti</a> woodwork was preserved and complemented by updated materials, finishes and lighting to create brighter, more modern living spaces.Among the most notable upgrades was a stern extension that expanded the swim platform, creating a larger waterside area for relaxation, water activities and alfresco dining. The sundeck was also transformed into a wellness-focused space featuring a gym, sauna, cold plunge pool and enclosed spa area with floor-to-ceiling glass panels.In terms of performance, <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</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, providing her with a top speed of 20 knots. <a data-gid="gid://syiq/Article/63150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Behind Abeking's refit of Lürssen 73m superyacht Starfire ahead of MYBA unveiling (2025-04-24 09:30:00 +0200)">Read more about her refit here.</a>

Lürssen superyacht Starfire in Norway

Anchored among the fjords of Norway, the 73-metre Lürssen superyacht Starfire is currently moored off the city of Bodø,.

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