<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 reported that is moving full steam ahead with the rebirth of the famous Italian yacht brand <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> that it <a data-gid="gid://syiq/Article/54336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi purchased for €80 million by TISG (2021-12-22 18:15:00 +0100)">purchased for €80 million at auction in December last year</a>. The brand will exclusively build large sailing yachts. <img src="https://photo-assets.superyachttimes.com/photo/224772/image/large-419ca8bd8d151dfaa453c0355e19c514.jpg" data-gid="gid://syiq/Photo/224772">With the re-start of operations at the Viareggio and La Spezia facilities now in progress, the group has worked on the new <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> production plan to begin building yachts once again as soon as possible.&nbsp;Giovanni Costantino, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> Founder and CEO has created an industrial blueprint design which entails that the Viareggio shipyards continue to be dedicated to the production of sailing yachts up-to 60 metres, while larger yachts will undergo construction in La Spezia and Marina di Carrara. <img src="https://photo-assets.superyachttimes.com/photo/224771/image/large-6c9943bfc855a363fdae0848683c74e8.jpg" data-gid="gid://syiq/Photo/224771">The upcoming construction plan includes three deliveries in the coming three years; a 60-metre ketch to be delivered by the end of 2023, a 47-metre sloop for delivery in Q1 of 2024 and a 56-metre ketch for delivery at the end of 2024.<img src="https://photo-assets.superyachttimes.com/photo/59154/image/large-d287728315ee43bcaeabc123dd06b2be.jpg" data-gid="gid://syiq/Photo/59154">The 47-metre sloop will be constructed in aluminium and is a <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> yacht, 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>, demonstrating an evolution in the group's design style. While the vessel is a <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> design, the yacht has retained many <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> qualities, however utilising modern innovations such as a carbon mast, boom, finishes and deck accessories. <img src="https://photo-assets.superyachttimes.com/photo/224773/image/large-8b4bebb941d1797d8cbe31d9296ed6af.jpg" data-gid="gid://syiq/Photo/224773">She will also feature the "fly-by-wire" system with twin rudders which offer better manoeuvrability in all conditions.

Perini Navi relaunch begins

Perini Navi, The Italian Sea Group

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Perini Navi Cup 2018 in Porto Cervo

The Italian Sea Group has announced that it is moving forward with the relaunch of Perini Navi.

Full steam ahead for the Perini Navi rebirth with three new sailing yachts

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

Sanlorenzo business report and intention to acquire Simpson Marine

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

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

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

Silent-Yachts appoints new exclusive dealer in Asia Pacific

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

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

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

New SuperYacht Times website launched

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

Welcome to the new SuperYacht Times

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

OneWater Marine appoints Carmen Bauza to Board of Directors

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

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

Ferretti Group reports net revenue of 1 billion

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

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

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

CEO Marco Massabò on the return of Cantieri di Pisa

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

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

Giovanna Vitelli, former Vice President of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti </a><a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>, has been named Chairwoman of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>. <img src="https://photo-assets.superyachttimes.com/photo/260758/image/large-d114845098d9a706f89986d98c42100b.png" data-gid="gid://syiq/Photo/260758">Commenting on the appointment, Giovanna Vitelli said, “I would like to thank my father infinitely for his trust and the teachings of a lifetime, as well as all the people who have made and will continue to make the history of our Group”.The shipyard stated, “The path forward of continuity in the family, strongly desired by the founder Paolo Vitelli, guarantees the stability necessary to seize all the opportunities of the future.”<img src="https://photo-assets.superyachttimes.com/photo/255941/image/large-6d6899cced809d7f993e3b87b40ed378.jpg" data-gid="gid://syiq/Photo/255941">Founded in 1969, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> went on to acquire <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> in 1985. This year the Group is celebrating its 150th anniversary. During the company’s 23rd Benetti Yacht Master, held last month in Abu Dhabi, Vitelli confirmed strong business health, with “an annual turnover of around €1.2 billion”.<img src="https://photo-assets.superyachttimes.com/photo/246616/image/large-9e89dcb4becf5e52052787f9177caabe.png" data-gid="gid://syiq/Photo/246616">According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> and <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> have more than 700 yachts – over 24-metres in length – in operation, with a further 127 in-build. &nbsp;

Giovanna Vitelli named Chairwoman of Azimut|Benetti Group

Giovanna Vitelli, Vice President of the Azimut|Benetti Group, has been named chairwoman of the Group. 

business-people-large-articles#0

<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>, founded in 1866, is Florida’s oldest and most established shipyard. But perhaps also one of its most innovative, thanks to a heavy investment in its facilities on either side of the Miami River.&nbsp;In 2020, the completely rebuilt North Yard reopened as Miami Superyacht Center and was complete with a 2,700-tonne synchrolift. The South Yard was also renovated and is dedicated for the smaller refit works that <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> takes on. The shipyard is about to undergo even more change as Marco Santoro has recently been appointed CEO, and he’s ambitious to turn <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> into the go-to destination for yacht service and refit. SuperYacht Times found out more. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/260708/image/large-669635a454180279c8f962ed47086b2a.jpg" data-gid="gid://syiq/Photo/260708">When did your relationship start with&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>, were you working directly with the shipyard during your tenure as After Sales &amp; Service Director – Americas for&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>?&nbsp;I was approached by <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>' top management, and what started off as a casual business conversation led to more detailed discussions regarding the opportunities and capabilities of the <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> yard. After numerous meetings, we certainly bonded and realised how well we worked together. At the end of the day, these discussions led to creating a refreshed vision and elevated goals for the yard, and I am very pleased to be leading the company on our new journey.I’m extremely proud to have been appointed as CEO of <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>, this company has an incredible heritage being one of the most historical shipyards in the USA, but also one of the most technologically advanced and modern shipyards. <img src="https://photo-assets.superyachttimes.com/photo/260711/image/large-08c7c6528a64a7bd6ef2b2eca9ef32f7.jpg" data-gid="gid://syiq/Photo/260711">How was your experience at&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>&nbsp;and how has it prepared you for this role?&nbsp;I will always be grateful for the opportunities <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> gave me, which ultimately made me who I am today. My most recent tenure at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> was very special to me: it was an incredible experience for me to start a new venture from scratch.&nbsp;We developed a strategy and plan for a new shipyard for the Group, focused on retail service. After bringing this vision to life and successfully running and growing the yard for a number of years, I felt I had accomplished my mission and was ready to take on a new challenge.At <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, my bosses were the best mentors. I grew professionally into executive roles while working to build networks of clients, professionals, and teams globally. I have worked in a variety of capacities, always focused on providing exceptional yacht service. My professional experience together with my education in Naval Architecture and Marine Engineering as well as my passion to build strong teams and workplaces, has prepared me for this new role.<img src="https://photo-assets.superyachttimes.com/photo/260710/image/large-a78bb34f7c4f4bccb8c62904bd2bb306.jpg" data-gid="gid://syiq/Photo/260710">What is your vision for&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>?&nbsp;My main goal is to enhance our client's journey, starting from the moment they get in contact with us till the moment the client leaves our yard. This means being able to listen to our clients’ needs and expectations, and deliver to them the highest quality experience. If we are capable of doing so, we will retain our customers who will also be our best ambassadors.<img src="https://photo-assets.superyachttimes.com/photo/239428/image/large-554dec5a443285dd488858e42e61dccf.jpg" data-gid="gid://syiq/Photo/239428"><a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>&nbsp;currently operates out of two facilities, can we expect further expansions?&nbsp;Our current focus is to become the preferred shipyard in Florida. Our current facilities are next door to each other and enable us to provide services for yachts ranging from 6-76 metres in length. We are also growing our new yacht and brokerage sales operations, representing new brands as their exclusive dealer.&nbsp;For the time being though, we’re focusing on our current market, as we are in the yachting capital of the world. But we have every intention to build our brand and reputation further; we plan to serve our customers in new markets as well.<img src="https://photo-assets.superyachttimes.com/photo/260712/image/large-db3707bd4ed6c38e0b6164bab1c2aed4.jpg" data-gid="gid://syiq/Photo/260712">With a lacking inventory of good yachts on the market, have demands for refits been at a high these past years? And how do you expect 2023 to play out?&nbsp;For sure the demand for refit will continue as the supply of new yachts is backlogged and the needs of the clientele continue to evolve. We anticipate a higher number of refits this year and are preparing internally for any project we are approached for. Refitting involves many moving parts, in our geographical area there are only a handful of shipyards capable of hosting these projects. We’re ready!<img src="https://photo-assets.superyachttimes.com/photo/239416/image/large-993378b890d6d6d1a47e09f039023d88.jpg" data-gid="gid://syiq/Photo/239416">Have supply chain issues now subsided, or are there still many challenges to contend with?Whether it is the backorder of parts or the sparse technical support for unique components, I have found that supply chain issues are a constant occurrence in the yacht industry. Mainly there are a limited number of suppliers and a limited number of qualified technicians for installation and repairs.&nbsp;Having navigated the industry for more than 20 years, I understand where there may be issues and can plan ahead to avoid delays. In addition, I have built strong relationships with suppliers and vendors. It is a small industry and having strong relationships is a big advantage. One day you help a supplier and the next day they help you. That’s how we are able to offer expedited turn-around times and exceptional quality.<img src="https://photo-assets.superyachttimes.com/photo/260709/image/large-acba50c3bed8958672c2cbf05e65c312.jpg" data-gid="gid://syiq/Photo/260709">Where would you like to see&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>&nbsp;in five years’ time?&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> will be the premier destination for yacht service and refit in Florida. I see new and repeat clients coming and going from the yard exceptionally pleased with their experience, and these happy clients become our invaluable marketing testimonials that drive our reputation.&nbsp;I envision a team like no other, a workload peaking at max capacity, so that we are ready to expand our operations and serve our clients in new markets and capacities.

Marco Santoro CEO of RMK Merrill-Stevens interview

SYT joined Marco Santoro, new CEO of RMK Merrill-Stevens, to hear his vision for the shipyard. 

Marco Santoro CEO of RMK Merrill-Stevens: “We will be the premier destination for yacht service and refit in Florida”

Abeer Al Shaali, the Chairperson of the Leisure Marine Association MENA, and Capt. Abdullah Alhayyas, the Director of Maritime Transport Affairs Department at the UAE Ministry of Energy and Infrastructure, signed an MoU (Memorandum of Understanding) on March 2, 2023 at the Dubai International Boat Show. The ceremony was attended by H.E. Hessa Al Malek, Executive Director of the Maritime Sector at the Federal Transportation Authority for Land and Maritime, and the Board of Directors of the Leisure Marine Association.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/260516/image/large-c027e70c598eed031d7d0f45d0a31ab4.jpg" data-gid="gid://syiq/Photo/260516">The Leisure Marine Association, based in Dubai, is a marine trade association that represents the interests of the boating and yachting industry and is an advocate for the leisure marine community across the Middle East and North Africa. The UAE’s Ministry of Energy and Infrastructure is one of UAE’s federal entities, responsible for spreading public awareness of energy conservation. These two organisations signing an MoU, a nonbinding agreement that states each party’s intentions to form a new partnership, will accelerate the growth of the leisure marine industry in the UAE, a vital contributor to the region’s maritime sector. This agreement is a crucial step towards enhancing productivity and promoting collaboration between the government and private sectors.<img src="https://photo-assets.superyachttimes.com/photo/260514/image/large-e523f713262354ef1e9c260c8ce7e78e.jpg" data-gid="gid://syiq/Photo/260514">The Leisure Marine Association commented, “we are thrilled about the possibilities that this MoU will bring and look forward to the growth and development of the leisure marine industry in the UAE.”

MoU signed between MOEI and LMA

Leisure Marine Association and UAE Ministry of Energy and Infrastructure have signed an MoU.

Contract signed between UAE Ministry of Energy and Leisure Marine Association

According to Caribbean Loopnews, The Antigua and Barbuda Government is taking steps to auction the 82-metre superyacht <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> which, according to Information Minister Melford Nicholas, has been “abandoned” in Falmouth Harbour since February 2022.<img src="https://photo-assets.superyachttimes.com/photo/84288/image/large-49a73b04ae3761415076e0fafa0af537.jpg" data-gid="gid://syiq/Photo/84288"><a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> is believed to be owned by a sanctioned Russian oligarch and was blocked and subject to an official search last August, to determine who her ultimate beneficial owner is. The search was unsuccessful and allegedly Alfa Nero has since been deemed a risk.&nbsp;Nicholas explained the Government is “trying to prevent a future hazard since the luxury vessel is not being maintained by its owner.”<img src="https://photo-assets.superyachttimes.com/photo/84285/image/large-152b2c43cd20092c4fd4ac30f6a9bcbb.jpg" data-gid="gid://syiq/Photo/84285"><img src="https://photo-assets.superyachttimes.com/photo/84284/image/large-f864ab48d0634ae138e75dc4ea015da4.jpg" data-gid="gid://syiq/Photo/84284">Caribbean Loopnews reports that the sales notice will be placed in the media for 10 days to satisfy the requirements under the law for a forced sale. &nbsp;The note stated, “If the owner fails to claim the vessel within that time period, the Government of Antigua and Barbuda, having declared the vessel a hazard to shipping and to the harbour where it is moored, will sell it to the highest bidder.” <img src="https://photo-assets.superyachttimes.com/photo/84289/image/large-7cf65094f9ef1d594510586a81c6d50c.jpg" data-gid="gid://syiq/Photo/84289">Antigua and Barbuda would have consulted with the US authorities prior to taking the action. But whether the money raised from her sale stays with the Antigua and Barbuda Government is unknown, Nicholas explained. &nbsp;<a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> was delivered in 2007 by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and features an exterior design by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a> and naval architecture by <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a> and <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. The task of curating her 2,500 GT of interior volume was entrusted to <a data-gid="gid://syiq/Company/19" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Pinto (Company)">Alberto Pinto</a>. <img src="https://photo-assets.superyachttimes.com/photo/84293/image/large-687c3fe7ccd6b0fd8e4e18db14cf3119.jpg" data-gid="gid://syiq/Photo/84293"><img src="https://photo-assets.superyachttimes.com/photo/84294/image/large-290998123199d82be0b140fac2a68b5e.jpg" data-gid="gid://syiq/Photo/84294"><img src="https://photo-assets.superyachttimes.com/photo/84295/image/large-fdfafdcea1e7b5a2e20cbfc7aa9c7db9.jpg" data-gid="gid://syiq/Photo/84295">She was sold in 2011 to her current owner with a last known asking price of 115,000,000. Prior to her being “abandoned”, she was well maintained undertaking many refit and shipyard visits over the years. She returned to <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> in Alblasserdam, the Netherlands in 2020. <img src="https://photo-assets.superyachttimes.com/photo/57566/image/large-fe016568ff8ea3fc88d2dfc89cb3ddcd.jpg" data-gid="gid://syiq/Photo/57566">Read:&nbsp;<a data-gid="gid://syiq/Article/54694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Update on Russian yachts seized: US imposes sanctions on 89m Russian-owned superyacht Nirvana (2022-12-21 14:15:00 +0100)">Update on Russian yachts seized: US imposes sanctions on 89m Russian-owned superyacht Nirvana</a>The superyacht offers accommodation for as many as 12 guests across six suites, comprising a master, two VIPs, two doubles and a twin. <a data-gid="gid://syiq/Yacht/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa Nero82.0m (269'0&quot;)Oceanco2007">Alfa Nero</a> can also host 28 crew. She has a long list of key features that include a hydraulically operated pool and a helipad on her aft deck.

Antigua and Barbuda Government to sell 82m superyacht Alfa Nero

The Antigua and Barbuda Government is making steps to auction the “abandoned” 82m superyacht Alfa Nero.

Antigua and Barbuda Government moves to sell 82m superyacht Alfa Nero

Unique superyacht beach clubs

SuperYacht Times has rounded up some of the best Superyacht beach clubs featuring wellness spas, swimming pools, cocktail bars, and much more. 

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A closer look at 5 unique superyacht beach clubs

The 26.42-metre <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow</a> motor yacht <a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> was sold in an in-house deal by Brandon Barnes from <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>, who represented both the buyer and the seller. <img src="https://photo-assets.superyachttimes.com/photo/254430/image/large-a0023b2be0985dcb1a2d8b5155130bb1.jpeg" data-gid="gid://syiq/Photo/254430"><a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> was delivered in 2016 from <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow’s</a> shipyard in China. She was fully designed by her builder, who provided her with the finest equipment and the newest generation of technology. <img src="https://photo-assets.superyachttimes.com/photo/254437/image/large-04598ded75d11d7f95f1da2542fa1b39.jpeg" data-gid="gid://syiq/Photo/254437"><a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> features a functional layout with a spacious and modern interior. Her main saloon is surrounded by windows and contains a white L-shaped sofa accompanied by armchairs, a wide-screen television, and a bar forward. She can accommodate up to eight guests across four sumptuous staterooms, including a full-beam master suite with plenty of storage space. <img src="https://photo-assets.superyachttimes.com/photo/254428/image/large-dd644a92e665bfe35bffc068bcc687b2.jpeg" data-gid="gid://syiq/Photo/254428"><img src="https://photo-assets.superyachttimes.com/photo/254427/image/large-20f7b4c9f320669aa0e95fd6bcd351b6.jpeg" data-gid="gid://syiq/Photo/254427">Her exterior decks offer numerous seating options, including a wet bar equipped with a grill area and fridge, sunbeds, and an alfresco dining table.<img src="https://photo-assets.superyachttimes.com/photo/254423/image/large-56b84ad6e71c941b2c8cb4815bd47601.jpeg" data-gid="gid://syiq/Photo/254423">Performance-wise, the 131 GT motor yacht 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, allowing her to reach a top speed of 29 knots and a cruising speed of 24 knots. At the time of her sale, she had a last-known asking price of $3,695,000.

26m Marlow motor yacht Never My Love sold

The 26.42-metre Marlow motor yacht Never My Love sold with a last-known asking price of $3,695,000.

Yachting Dinner Night, the culinary event dedicated to the leading players of the contemporary superyacht scene, arrived for the second time in Pietrasanta, Viareggio, Italy. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/261856/image/large-eec070df5f80b9517b72715376fdaa6f.jpg" data-gid="gid://syiq/Photo/261856">The previous two editions in Pietrasanta and Amsterdam were a great success and inspired curators <a data-gid="gid://syiq/Company/7067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Towant (Company)">TOWANT</a> and <a data-gid="gid://syiq/Company/7068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ceragioli-Storåkers Associates (Company)">Ceragioli-Storåkers Associates</a> to replicate the event once again. The dinner was held on 14 March.Five shipyards competed against one another to present the best dish to an audience of nautical-architectural practices, international design brands and the press. As “chefs”, the shipyards are the protagonists of Yachting Dinner Night, with each proposing a dish that tells something about its history, philosophy or projects. <img src="https://photo-assets.superyachttimes.com/photo/261852/image/large-d7a00d30a1e0cc0e4594379d2d9efc9b.jpg" data-gid="gid://syiq/Photo/261852"><a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, Amer Yachts, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> took to the kitchen for the first Yachting Dinner Night of 2023. But before guests were invited to sit down and enjoy the curated dishes, a presentation of both Yachting Dinner Night and its protagonists was held nearby at Barbara Paci Art Gallery, a contemporary gallery in Pietrasanta historical centre. <img src="https://photo-assets.superyachttimes.com/photo/261858/image/large-84d8562ed31eb60691909eb4135aada9.jpg" data-gid="gid://syiq/Photo/261858"><img src="https://photo-assets.superyachttimes.com/photo/261860/image/large-ba54d365d65d7465b248ce2cd191c475.jpg" data-gid="gid://syiq/Photo/261860"><img src="https://photo-assets.superyachttimes.com/photo/261862/image/large-f038aec91cc2bd29865690bbf6c60a60.jpg" data-gid="gid://syiq/Photo/261862">The dinner itself was hosted at the vibrant kitchen that conjoins the gallery, Ristorante Filippo. The shipyards arranged a five courses menu of creative dishes: Sinergia, a typical capponada from Liguria; OSS-Paragus Bake, a silver-plated fish &amp; asparagus that pays tribute to Heesen’s Dutch origins; The Blooming Effect, a green risotto with flowers from Sanremoen tradition; Muscoli a km 0, mussels from La Spezia, Italy; and The Origin of Beauty, a special dessert to celebrate Benetti’s 150th birthday.<img src="https://photo-assets.superyachttimes.com/photo/261863/image/large-85f4db16e99c3b81f62cbe1f2175dfe9.jpg" data-gid="gid://syiq/Photo/261863"><img src="https://photo-assets.superyachttimes.com/photo/261853/image/large-010395619f68ac51dc8ee1ff8dd596b4.jpg" data-gid="gid://syiq/Photo/261853"><img src="https://photo-assets.superyachttimes.com/photo/261855/image/large-af00dac7a67359fda6ad2c1efe1cc516.jpg" data-gid="gid://syiq/Photo/261855">Cesana, Dornbracht, Flos, Model Maker Group and Videoworks, as well as representatives from <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SYBAss</a> and the <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, formed the jury. While the media, including a representative of SuperYacht Times, had a separate vote for the press award. <img src="https://photo-assets.superyachttimes.com/photo/261857/image/large-e93a29bcd270f8332c10e6858b5daa66.jpg" data-gid="gid://syiq/Photo/261857">The votes were cast and, while all shipyards were awarded merit and praise for their participation, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> was the unanimous winner, claiming both the Yachting Dinner Night Award and the Press Award.Read:&nbsp;<a data-gid="gid://syiq/Article/57183" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A recap of the Amsterdam Yachting Dinner Night (2022-11-28 11:00:00 +0100)">A recap of the Amsterdam Yachting Dinner Night</a><img src="https://photo-assets.superyachttimes.com/photo/261859/image/large-adf7ce7d3cb26ba833f12d9d578956d1.jpg" data-gid="gid://syiq/Photo/261859">Yachting Dinner Night once again proved to be a great success, promising to become a staple event that moves from location to location. Organisers <a data-gid="gid://syiq/Company/7067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Towant (Company)">TOWANT</a> and <a data-gid="gid://syiq/Company/7068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ceragioli-Storåkers Associates (Company)">Ceragioli-Storåkers</a> are already planning the next dinner, which will be held in the Principality of Monaco. This convivial event, aimed at engaging guests, has aroused a lot of interest in building and nurturing networks in the world of yachting.<img src="https://photo-assets.superyachttimes.com/photo/261861/image/large-f9ff5e3309acce59c6501543a20bce15.jpg" data-gid="gid://syiq/Photo/261861">

Yachting Dinner Night in Pietrasanta before YARE 

Yachting Dinner Night had a successful third event, held in Pietrasanta Italy. Benetti was named winner with its desert Origin of Beauty. 

A third success for Yachting Dinner Night in Pietrasanta

After a three day battle is customary high winds and bright sunshine, the 33.24-metre <a data-gid="gid://syiq/Company/8" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Denship A/S (Company)">Royal Denship</a> sailing yacht <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> won the St Barths Bucket 2023 over this weekend. 25 yachts competed between the five racing classes that took part in this year's event; Les Gazelles, Les Elegantes, Les Mademoiselles, L'Esprit 1 and L'Esprit 2 (the Corinthian Spirit Class). <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a>, the 51.7-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a>, a regular on the race circuit, took home the prize for best owner driven performance, while her sistership the <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a> 51.7-metre <a data-gid="gid://syiq/Yacht/1226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana51.7m (169'7&quot;)Alloy Yachts2006">Prana</a>, was awarded best starter.<img src="https://photo-assets.superyachttimes.com/photo/262098/image/large-a9663124253318752df558799d73ca73.jpg" data-gid="gid://syiq/Photo/262098"><img src="https://photo-assets.superyachttimes.com/photo/262018/image/large-d987aa7f202ad57c9f622d7c1de9f44b.jpg" data-gid="gid://syiq/Photo/262018"><img src="https://photo-assets.superyachttimes.com/photo/262068/image/large-da7bd64052ae4e40c41a7d94b6f1afe1.jpg" data-gid="gid://syiq/Photo/262068">Race Day 1The first day of the regatta saw the fleet sail counterclockwise in an 28-25 knot northerly, with the conditions forcing three yachts to withdraw from the 20-26 nautical mile course.&nbsp;“After our light-air training this week, today was a wake-up call, but expected,” said Tom Whidden, helmsman for the smallest yacht in the fleet, the 28 metre ketch <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a>, which won Les Mademoiselles. “It was really rough in the corner on the other side of the island, on the way to the rock (a natural mark of the course named Ile Fourchue), but we were happy with the crew work and the boat management.” Whidden has won the Bucket before on <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a>&nbsp;and twice more on different entries (including <a data-gid="gid://syiq/Yacht/2250" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kawil34.14m (112'0&quot;)Derecktor Shipyards2000">Kawil</a>, last year). He added with a chuckle, “You see, the captains of these boats tell you they will kill you if you break anything, so you have to be careful with your resources.” &nbsp;(<a data-gid="gid://syiq/Yacht/2250" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kawil34.14m (112'0&quot;)Derecktor Shipyards2000">Kawil</a>, sailing this year against Whidden’s team, retired due to a headstay furler that broke near Ile Fourche.)<img src="https://photo-assets.superyachttimes.com/photo/262024/image/large-7b2364e42cda9f5e3493ba2c97459efa.jpg" data-gid="gid://syiq/Photo/262024"><img src="https://photo-assets.superyachttimes.com/photo/262022/image/large-55d4467729a449d63a85cf4909f28a41.jpg" data-gid="gid://syiq/Photo/262022">Peter King, navigator aboard the 52 metre sloop <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a>, which won L’Esprit 1, said his team “didn’t have the best start but made up for it later and didn’t break anything.” This is King’s fifth time competing in the Bucket and first time sailing in the “Corinthian Spirit” class. More important, it is the first time <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a> has ever raced period, so the yacht’s owner is delighted. “The owner loves to drive, so he drove the whole time and did a great job,” said King.The 44-metre schooner <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a>, one of the most elegant yachts in the L'Esprit 2 fleet, recorded a 43.5 degree of heel on its winning sprint. “We were taking a lot of water over the deck but we were under control,” said guest crew Jakob Havrlant, who counts this as his first Bucket but says it won’t be his last. “Some of the sloops were catching us upwind, but we were a reaching machine on the other legs. It was a perfect race for us.”<img src="https://photo-assets.superyachttimes.com/photo/262032/image/large-3b5b9f18e2aeb1b28744676f0fdc61b6.jpg" data-gid="gid://syiq/Photo/262032"><img src="https://photo-assets.superyachttimes.com/photo/262031/image/large-0ec3a3f6dab99fc18126e6e86b5123fb.jpg" data-gid="gid://syiq/Photo/262031">Race Day 2The second day saw yet another high wind event with 25-27 knots over the 23-26 nautical mile course. “It was a lot of wave action and wind, with gust of 25-27 knots,” said Steve Rowland, the owner/driver of the 34 metre sloop <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a>, which now leads Les Mademoiselles after suffering a steering problem and finishing fourth yesterday. “It made for a lot of hard work, but we won, so I guess that was a good thing!” <img src="https://photo-assets.superyachttimes.com/photo/262028/image/large-63d1c5872098bfe93ae5d3dd11b57f38.jpg" data-gid="gid://syiq/Photo/262028"><img src="https://photo-assets.superyachttimes.com/photo/262030/image/large-4420de271e2f182aa983a156bd435a38.jpg" data-gid="gid://syiq/Photo/262030">The yacht was the fourth to cross the start line, but was the first to cross the finish line, despite an issue with her spinnaker during the opening leg. She managed to peg <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a> to cross the line first, followed closely by <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and the <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman Shipyard BV (Company)">Royal Huisman</a> sloop <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a>.<img src="https://photo-assets.superyachttimes.com/photo/262103/image/large-eb6046c44b2cb0daea1b7999db055ee6.jpg" data-gid="gid://syiq/Photo/262103"><img src="https://photo-assets.superyachttimes.com/photo/262104/image/large-2e8fe29f68d01d3f44b25d15f34e30d9.jpg" data-gid="gid://syiq/Photo/262104">In Les Gazelles class the <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a> yacht <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> took the top spot, overtaking the Day 1 winner, another <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a>, <a data-gid="gid://syiq/Yacht/1163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Visione44.84m (147'1&quot;)Baltic Yachts2002">Visione</a>. “Yesterday we got stuck behind some other boats and <a data-gid="gid://syiq/Yacht/1163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Visione44.84m (147'1&quot;)Baltic Yachts2002">Visione</a>, faster on the reaches, beat us right at the end,” said <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>’s Captain Will Glenn, explaining that today, with longer downwind legs than yesterday, <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> had an advantage. “It is what <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>&nbsp;is designed for, and tomorrow’s course has lots of downwind in it, too, so we are confident we can win.”In the L’Esprit 2 Columbia once again took the top spot, with the 52-metre <a data-gid="gid://syiq/Yacht/401" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Q52.0m (170'7&quot;)Alloy Yachts2008">Q</a> close behind her and 56.1-metre <a data-gid="gid://syiq/Yacht/1936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melek56.01m (183'9&quot;)Perini Navi2010">Melek</a> taking the third position.<img src="https://photo-assets.superyachttimes.com/photo/262038/image/large-cc10bb13691545eabe92a582675dd8ee.jpg" data-gid="gid://syiq/Photo/262038"><img src="https://photo-assets.superyachttimes.com/photo/262057/image/large-864b8c3fbf9a53d71b6cfac7007f653a.jpg" data-gid="gid://syiq/Photo/262057">Race Day 3The wind on this last day of the three-day series toned down ever so slightly to 18-24 knots, giving sailors somewhat of a reprieve from the 20-26 knots that prevailed on Friday and Saturday. In all classes, the leaders of Day 2 held their own to clinch overall victory on the final race day.“The wind and sea state was definitely at the upper end for some boats, and certainly for the Race Committee making decisions,” said Race Chairman Peter Craig. “Typically, we sail around the island on Sunday, but we made a decision to keep the boats in the lee of St. Barths for the larger part of today’s race with a course option that was newly added to the Bucket this year.”<img src="https://photo-assets.superyachttimes.com/photo/262059/image/large-752263cd59cbb776f083830aeaf328c1.jpg" data-gid="gid://syiq/Photo/262059"><img src="https://photo-assets.superyachttimes.com/photo/262060/image/large-e591bf54e38666089bf3a4465ed2aa27.jpg" data-gid="gid://syiq/Photo/262060"><a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> won the six-boat Mademoiselles to take overall victory in that class with a 4-1-1 score line. “I’m over the top about it,” said <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a>’s owner/driver Steve Rowland, explaining that this is his fourth Bucket with <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> and his first class win, not to mention overall victory, which is decided by a number of factors including performance and time differentials. “We were in a three-way tie going into today with <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a>, so we knew we had to beat both of them. I tried not to think of anything but getting to the finish line once we had passed Bequia (the 28 metre ketch that started ahead) in the final miles of the race and had <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a> (the 37 metre sloop that started behind) gaining on us from behind.” (<a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a> finished second and third, respectively, in overall results.)<img src="https://photo-assets.superyachttimes.com/photo/262087/image/large-eefdccb01be2ca2a8ff27ac454f9585f.jpg" data-gid="gid://syiq/Photo/262087">In the L’Esprit 2 Corinthia Spirit Class Columbia held her own and was the only class winner to also win every one of her races. The 49.8-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> <a data-gid="gid://syiq/Yacht/925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almyra II49.8m (163'5&quot;)Perini Navi2000">Almyra II</a> was her closest competitor, taking the second position. <img src="https://photo-assets.superyachttimes.com/photo/262015/image/large-673bdaf099414fbd8852e797abee99af.jpg" data-gid="gid://syiq/Photo/262015">“In both the first and second races, <a data-gid="gid://syiq/Yacht/925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almyra II49.8m (163'5&quot;)Perini Navi2000">Almyra II</a> was ahead of us,” said <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a>’s tactician Tony Rey, “and I have to give credit to our crew members who handled the spinnaker, because we were able to pass them back both times on downwind legs.” On day one, <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a> started first and finished first, putting others on alert that this was not just a modern-built recreation of a 1924 fishing schooner that would be slogging around the course. “The boat’s like one of those old flexible flyer sleds you might have had when you were a kid; everything moves and bends but it keeps moving ahead,” said Rey. “We had a mix of traditional schooner sailors and grand prix sailors working together. Our navigator Nacho Postigo helped bring some digital know-how to an analog boat and tracked our progress over the last three days; it was nice to see how we improved as a team.”<img src="https://photo-assets.superyachttimes.com/photo/262092/image/large-9842c9b7f11fc4741ac716d38bb4b863.jpg" data-gid="gid://syiq/Photo/262092"><img src="https://photo-assets.superyachttimes.com/photo/262094/image/large-8f33ee74c55528b13ccf3ce367b5faa7.jpg" data-gid="gid://syiq/Photo/262094">

St Barths Bucket 2023 results

The St Barths Bucket 2023 came to a close over the weekend with Nakupenda taking the top spot.

St Barths Bucket 2023: Nakupenda winner, with Red Dragon and Prana awarded special prizes 

<a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot&nbsp;</a>was launched in 2022 by the American shipyard <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> as part of their <a data-gid="gid://syiq/YachtModel/7861" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave 116 35.4m (116'2&quot;)">116 series</a>. The 317 GT motor yacht offers guests a wealth of interior and exterior spaces and invites families and friends across all generations to come onboard and enjoy what she has to offer. <img src="https://photo-assets.superyachttimes.com/photo/262122/image/large-cf0d7d04a3d7e56de64acf9e65977ac8.jpeg" data-gid="gid://syiq/Photo/262122"><a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a>&nbsp;features elegant exterior lines from her U.S. builder <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> with her interior design carefully curated by <a data-gid="gid://syiq/Company/896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Interiors by Shelley (Company)">Yacht Interiors by Shelley</a>. Her naval architecture was penned by <a data-gid="gid://syiq/Company/218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Sarin Naval Architects, Inc. (Company)">Jack Sarin Naval Architects</a>. <img src="https://photo-assets.superyachttimes.com/photo/262126/image/large-b5f19eb4d018e81bb13622e8c1f2b4a3.jpeg" data-gid="gid://syiq/Photo/262126"><img src="https://photo-assets.superyachttimes.com/photo/262127/image/large-29ff76c9264f9b7fb9b3e6f0de8fd8c2.jpeg" data-gid="gid://syiq/Photo/262127">Inside, the tri-deck yacht offers plenty of living space, complete with soft grey and white tones that compliment the classic mahogany floors, bringing a modern feel to the interior. Her main saloon is light and airy, surrounded by panoramic windows to enhance the guests’ connection to the sea. Forward lies a formal dining table that seats all ten guests. Guests can venture up to her skylounge and enjoy cocktails at the glass-top bar, while taking in the endless ocean views. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/262131/image/large-3fb7ef486528aff5a6fac195d5ce0f7c.jpeg" data-gid="gid://syiq/Photo/262131"><img src="https://photo-assets.superyachttimes.com/photo/262132/image/large-4430c72256577f0c74ec7ceae645cf41.jpeg" data-gid="gid://syiq/Photo/262132"><a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a> features a five-stateroom configuration, with the full-beam master suite on the main deck, and the remaining guest staterooms on the lower deck, granting the owner some much-needed privacy. All of the staterooms contain king-sized beds and wide-screen televisions to ensure maximum comfort onboard. She is also able to sleep up to seven crew to attend to her guests’ needs. <img src="https://photo-assets.superyachttimes.com/photo/262129/image/large-7f12a8e4ed7c8143ef0f5109a97eda78.jpeg" data-gid="gid://syiq/Photo/262129"><img src="https://photo-assets.superyachttimes.com/photo/262130/image/large-1d446b4c8fbc1a824ce56e85da0b9df1.jpeg" data-gid="gid://syiq/Photo/262130">Outside, guests are greeted with a wide array of entertainment options. She provides al fresco dining areas, a bar, a grill area, and sunbeds, so everyone can enjoy her exterior decks. Her beach club features submersible platforms, connecting life onboard with the sea. Guests can retreat to the waterfall infinity-style Jacuzzi and soak up the scenery, or wind-down in the sauna after a long, activity-filled day. <img src="https://photo-assets.superyachttimes.com/photo/262136/image/large-5e5062535df4f7117ff70aec069e3603.jpeg" data-gid="gid://syiq/Photo/262136"><img src="https://photo-assets.superyachttimes.com/photo/262137/image/large-37f652616cb98cc0f8ee8926e2c9a113.jpeg" data-gid="gid://syiq/Photo/262137">Built with a GRP hull and GRP superstructure, <a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a> benefits from a semi-displacement hull to ensure exceptional seakeeping and impressive speeds. Her twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines provide her with a top speed of 21 knots and a cruising speed of 18 knots.&nbsp;

Onboard: 36m Hargrave yacht Romeo Foxtrot 

The 35.57-metre Hargrave motor yacht Romeo Foxtrot was delivered in 2022 as part of the Hargrave 116 series. 

Onboard: 36m Hargrave motor yacht Romeo Foxtrot 

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has relaunched the 42.6-metre explorer yacht <a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a>, following a five-month refit at the Royal Van Lent Kaag facility in the Netherlands. <img src="https://photo-assets.superyachttimes.com/photo/261963/image/large-4f5d9b76c04787fb470cdf2dd17ca83e.jpg" data-gid="gid://syiq/Photo/261963"><img src="https://photo-assets.superyachttimes.com/photo/261967/image/large-8a3ecf695e64c22a9956981085fc1bbd.jpg" data-gid="gid://syiq/Photo/261967">The explorer first hit the water 20 years ago in 2003, under her maiden name Andiamo. Her exterior design is by <a data-gid="gid://syiq/Company/115" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Douglas Sharp Yacht Design (Company)">Douglas Sharp Yacht Design</a> and <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, with the latter also handling her naval engineering. Her original interior design was by the renowned and now defunct <a data-gid="gid://syiq/Company/42" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Glade Johnson Design, Inc. (Company)">Glade Johnson Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/261889/image/large-dc28c8675fa130a58ddf82a912da9dd8.jpg" data-gid="gid://syiq/Photo/261889"> <img src="https://photo-assets.superyachttimes.com/photo/261891/image/large-5e79b17ddb2b0e3882cef27761a5b97b.jpg" data-gid="gid://syiq/Photo/261891"><a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> has undertaken a rigorous maintenance schedule with annual appointments at many different US yards, this is the first time she’s returned to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> though.<img src="https://photo-assets.superyachttimes.com/photo/261890/image/large-502cc8651c58b54a86910f75f3e8bee1.jpg" data-gid="gid://syiq/Photo/261890">&nbsp;With 443 GT of interior volume and a four stateroom configuration, <a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> can accommodate as many as eight guests. She has an owners’ suite, two doubles and one twin. Moonshadow can also carry eight crew. <img src="https://photo-assets.superyachttimes.com/photo/261888/image/large-fe6e1f90a4d59b791e2d15b422b382d1.jpg" data-gid="gid://syiq/Photo/261888"><a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> has a large foredeck with space for two tenders, leaving the sundeck and aft free for her owner and guests. Her sundeck is home to a whirlpool and an informal dining area – making the space ideal for hosting family and friends. <img src="https://photo-assets.superyachttimes.com/photo/261965/image/large-7a0636d879457457cac94dfcb2e1c639.jpg" data-gid="gid://syiq/Photo/261965">Equipped with twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, <a data-gid="gid://syiq/Yacht/720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonshadow42.6m (139'9&quot;)Feadship2003">Moonshadow</a> has a cruising speed of 10.5 knots and a top speed of 13 knots.&nbsp;

Feadship relaunches Moonshadow yacht

Feadship relaunched the 42.6-metre explorer yacht Moonshadow, twenty years after she was first delivered. 

In pictures: 43m explorer yacht Moonshadow relaunched by Feadship 

<img src="https://photo-assets.superyachttimes.com/photo/262006/image/large-edacec7d42cd4d7c0cd23950ea2e733b.jpeg" data-gid="gid://syiq/Photo/262006">Spotted last Thursday leaving Port Vell in Barcelona on her way to Port Hercule in Monaco, is the 93-metre superyacht <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a>. With a volume of nearly 3,000 GT, she was built by the Dutch shipyard <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and delivered in April 2019. Featuring an exterior design by <a data-gid="gid://syiq/Company/25" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Michael Leach Design Ltd. (Company)">Michael Leach</a>, <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a> was built for an experienced owner who worked closely with interior designer <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton</a> on the build. Onboard, she features many notable details, including white and crystal chandeliers and the first IMAX Dolby cinema to be installed on a yacht. Described by <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Langton</a> as a “contemporary jewellery box”, <a data-gid="gid://syiq/Yacht/6204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady S93.0m (305'1&quot;)Feadship2019">Lady S</a> also includes a multi-sport outdoor area and a large swimming pool, a commercially-rated helicopter landing pad that can also serve as a multifunctional entertainment space, a beach club with hammam and an ice plunge pool, as well as two fire pits. The yacht, which is available for charter, can accommodate up to 12 guests and 29 crew.

93m superyacht Lady S in Barcelona

The 93m superyacht Lady S, built by Feadship, is seen here cruising off Port Vell in Barcelona.

This morning <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> launched the 67.4-metre <a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship project 823</a> from the Royal Van Lent facility in Kaag, the Netherlands, ahead of her delivery later this year.<img src="https://photo-assets.superyachttimes.com/photo/262004/image/large-f1fb43e0ac7f0e06a75816506b809228.jpeg" data-gid="gid://syiq/Photo/262004"> <img src="https://photo-assets.superyachttimes.com/photo/262001/image/large-1eb9fa457f2683b9e6298b6271ddce56.jpeg" data-gid="gid://syiq/Photo/262001"><img src="https://photo-assets.superyachttimes.com/photo/261972/image/large-018242fa581bb64e3c715137e3f1d35b.jpg" data-gid="gid://syiq/Photo/261972"><a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship 823&nbsp;</a>is constructed with a steel hull and aluminium superstructure and is expected to have more than 2,000 GT of interior volume. <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a> designed both her exterior and interior, with naval architecture by <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a>.<img src="https://photo-assets.superyachttimes.com/photo/262002/image/large-f6b0481fc1e760bdde01600d04af36d0.jpeg" data-gid="gid://syiq/Photo/262002"><img src="https://photo-assets.superyachttimes.com/photo/261998/image/large-0a51a1f8d8bda10ff6ee41c4648e9e8d.jpeg" data-gid="gid://syiq/Photo/261998"><img src="https://photo-assets.superyachttimes.com/photo/261976/image/large-8ae9f82874667da8e1f53b71d4b28423.jpg" data-gid="gid://syiq/Photo/261976"><img src="https://photo-assets.superyachttimes.com/photo/261979/image/large-a9621847b5eef6bf62ad2664e6fb8bb7.jpg" data-gid="gid://syiq/Photo/261979"><img src="https://photo-assets.superyachttimes.com/photo/261980/image/large-a8bf1b4cb13fe2d02afe6609793826a6.jpg" data-gid="gid://syiq/Photo/261980"><a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship 823</a> is characterised by clean, traditional exterior profile lines and a straight bow with an oversized foredeck.<img src="https://photo-assets.superyachttimes.com/photo/261999/image/large-2ca89a0c757eb18ab2b9c6689cdf3d65.jpeg" data-gid="gid://syiq/Photo/261999"> <img src="https://photo-assets.superyachttimes.com/photo/261986/image/large-c03b4401933150967b7fc67d9272014d.jpg" data-gid="gid://syiq/Photo/261986"><img src="https://photo-assets.superyachttimes.com/photo/261988/image/large-19ff1861cc6582bf88440b5a8548dbd6.jpg" data-gid="gid://syiq/Photo/261988"><img src="https://photo-assets.superyachttimes.com/photo/261991/image/large-c4ec73bbed1f879136ec00160b0b555c.jpg" data-gid="gid://syiq/Photo/261991"><a data-gid="gid://syiq/Yacht/9598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship Van Lent 82367.4m (221'2&quot;)Feadship2023">Feadship 823&nbsp;</a>is expected to be delivered later this year, along with the 84.2-metre Feadship project 710 and 76.05-metre Feadship project 823. According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, the Dutch builder has more than 20 projects underway. <img src="https://photo-assets.superyachttimes.com/photo/261997/image/large-e49820d5315fda27a73315aeb32f940f.jpeg" data-gid="gid://syiq/Photo/261997"><img src="https://photo-assets.superyachttimes.com/photo/262000/image/large-8c91a0dda042d5b832d91cb080661e37.jpeg" data-gid="gid://syiq/Photo/262000">

67m Feadship 823 yacht launched

Feadship has launched the 67m Feadship 823 superyacht. She’s expected to be delivered later this year. 

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67m Feadship 823 superyacht launched

The 90-metre <a href="https://sya.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a> superyacht <a href="https://sya.superyachttimes.com/yachts/1601" target="_blank">Project 1601</a> has been spotted on her sea trials in the North Sea. <a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="160190.0m (295'3&quot;)Lürssen Yachts2023">Project 1601</a> was launched last month at the <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Rendsburg shipyard in Germany, with very little known about the superyacht.<img src="https://photo-assets.superyachttimes.com/photo/261936/image/large-21e5028e0e96d755d2459d1e5cb62406.jpg" data-gid="gid://syiq/Photo/261936"><a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="160190.0m (295'3&quot;)Lürssen Yachts2023">Project 1601</a> began construction in 2018 and has an estimated volume of 3,600 GT. She features exterior design by <a href="https://sya.superyachttimes.com/companies/espen-oeino" target="_blank">Espen Øino International</a>, with naval architecture from her builder <a href="https://sya.superyachttimes.com/companies/lurssen" target="_blank">Lürssen</a>. <a href="https://sya.superyachttimes.com/companies/cornelsen-partner-yacht-consulting-gmbh" target="_blank">Cornelsen &amp; Partner</a> acted as Project Manager during the construction process.<img src="https://photo-assets.superyachttimes.com/photo/261934/image/large-e860a08338ec6a8d962803cbbb3573af.jpg" data-gid="gid://syiq/Photo/261934"><a data-gid="gid://syiq/Yacht/7871" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="160190.0m (295'3&quot;)Lürssen Yachts2023">Project 1601</a> is characterised by straight lines and angular corners providing her with a striking profile. Her interior design penned by <a data-gid="gid://syiq/Company/1218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dölker + Voges GmbH (Company)">Dölker + Voges GmbH</a> echoes the same design themes as her exterior.<img src="https://photo-assets.superyachttimes.com/photo/261933/image/large-764e2b5f14bc472d4ef17275bbe2d136.jpg" data-gid="gid://syiq/Photo/261933">Her launch last month coincided with the launch of 145-metre secretive superyacht <a data-gid="gid://syiq/Yacht/8262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luminance145.0m (475'9&quot;)Lürssen Yachts2023">Luminance</a>, the eighth largest yacht to be built by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> and the 15th largest in the world.Read: <a data-gid="gid://syiq/Article/56901" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: 145m secretive Lürssen superyacht Luminance launched (2023-02-09 09:45:00 +0100)">Video: 145m secretive Lürssen superyacht Luminance launched<img src="https://photo-assets.superyachttimes.com/photo/261935/image/large-47e86096bacf62a02b847896152d07ad.jpg" data-gid="gid://syiq/Photo/261935"></a><a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> also has more than 10 other superyacht projects either underway or pending. This includes the 122-metre Jag in 2023 and the 137-metre Alibaba, due in 2024.<img src="https://photo-assets.superyachttimes.com/photo/261937/image/large-2402cbda42a9dc410feeba72e4ce509e.jpg" data-gid="gid://syiq/Photo/261937">

90m Lürssen superyacht Project 1601 on sea trials

Lürssen’s 90-metre superyacht Project 1601 has been spotted on her sea trials in the North Sea.

In pictures: 90m Lürssen superyacht Project 1601 on sea trials

The 41-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> superyacht <a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> sold in a deal with Julian Calder of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> introducing the buyer and Pierre Vezilier of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representing the seller, with assistance from Jennifer Timinis and Ioanna Dimopoulou of Sea Greece Superyacht Consulting.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/233459/image/large-c6fd059faa0dc12ea2d5e9ffd4d190ca.jpeg" data-gid="gid://syiq/Photo/233459"><a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> was launched in 2007 as part of the Italian shipbuilder’s <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> 41S series. She features &nbsp;exterior design and naval architecture from her builder <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codcasa</a>, while <a data-gid="gid://syiq/Company/186" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Della Role Design (Company)">Della Role Design</a> was enlisted to curate her interior spaces.<img src="https://photo-assets.superyachttimes.com/photo/233454/image/large-521a29f717c75cb1c1848d5254d5b7f0.png" data-gid="gid://syiq/Photo/233454"><img src="https://photo-assets.superyachttimes.com/photo/233442/image/large-ba6451225830a68654c9252a11a52ad6.png" data-gid="gid://syiq/Photo/233442"><a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007"><img src="https://photo-assets.superyachttimes.com/photo/233449/image/large-9c10cbab7afe4e2951cb0a27c51acfd4.png" data-gid="gid://syiq/Photo/233449">Family Day</a> is furnished with rich, cherry mahogany panelling throughout with veined marble counters and fitted with gold fixtures in her stateroom bathrooms. She offers accommodation for as many 11 guests across five staterooms, comprising a master suite, two VIPs and two twins.<img src="https://photo-assets.superyachttimes.com/photo/233453/image/large-167a880f17a4c4e23d657f5e528df8ff.png" data-gid="gid://syiq/Photo/233453"><img src="https://photo-assets.superyachttimes.com/photo/233452/image/large-88dbe0ee540fee11793c0236c8fe311e.png" data-gid="gid://syiq/Photo/233452"><a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> offers plenty of alfresco lounging and dining space; her sun deck has plenty of sunbeds and loungers and her main deck has a large settee and dining table, with a removable bimini.<img src="https://photo-assets.superyachttimes.com/photo/233458/image/large-12288f0049f3d4634512a15e39aecb1a.png" data-gid="gid://syiq/Photo/233458">In terms of performance, <a data-gid="gid://syiq/Yacht/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Family Day41.0m (134'6&quot;)Codecasa S.p.A.2007">Family Day</a> has been equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that give her a cruising speed of 30 knots and the ability to reach speeds of 34 knots. At the time of her sale, she had a last known asking price of €5,000,000.

Codecasa’s 41m yacht Family Day sold

Codecasa’s 41m superyacht Family Day sold with a last known asking price of €5,000,000.

41m Codecasa superyacht Family Day sold

It has just been announced that <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 made the successful bid in the tumultuous auction for <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>. Italian news first reported that the group's bid has been accepted, triumphing over other prestigious bidders including the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Group</a> and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, as well as <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumbo Superyachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/214664/image/large-c368ca34691a26e708bc548b7a2b2e2e.jpg" data-gid="gid://syiq/Photo/214664">The shipyard has now issued a press release stating that the final price was €80 million and that the auction included both the Viareggio and La Spezia shipyards, a complex in Pisa, vessel n.2369 under construction, trademarks, patents and the existing relationship with employees.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">&nbsp;The Italian Sea Group</a> has stated that it will finance the operations through cash availability, a major re-investment of IPO proceedings collected in June, as well as bank funding.Giovanni Costantino, <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 Founder</a> &amp; CEO, commented, “I am very proud of this operation. We wanted to push forward with the investment, but we have approached the auction with absolute determination to acquire all of the asset considering our consolidated competence and the new contracts, in particular in the segment of large sailing yachts. The new production spaces will allow us to increase incoming order for the future in a very dynamic segment, as proven by the two orders for sailing yachts that we signed in December. We are therefore confident to have made the right decision, driven by an incoming order that has exceeded expectations by 50%.”The group has stated that it will integrate <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> within the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> with a specific focus on the construction of sailing yachts, for which the brand has a long history and renowned reputation. In December <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> signed contracts for two 56-metre ketches, which add to the current project under construction <a data-gid="gid://syiq/Article/53161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="47m Admiral sailing catamaran Art Explorer sold by TISG (2021-06-14 11:45:00 +0200)">Art Explorer, set to be the largest sailing catamaran in the world</a>.&nbsp;The group has already acquired two bankruptcy projects from <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> which will be completed through <a data-gid="gid://syiq/Company/194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NCA Refit (Company)">NCA Refit</a> which has experience working with <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> vessels.<ul><li><a data-gid="gid://syiq/Article/53244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi bankruptcy saga continues: Auction to commence in July (2021-06-24 15:30:00 +0200)">Perini Navi bankruptcy saga continues: Auction to commence in July</a></li><li><a data-gid="gid://syiq/Article/53320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi auction: Price too high for Ferretti Group and Sanlorenzo (2021-07-07 19:00:00 +0200)">Perini Navi auction: Price too high for Ferretti Group and Sanlorenzo</a></li><li><a data-gid="gid://syiq/Article/53808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Is Perini Navi's fate sealed? Second auction fails to find bidders (2021-09-29 18:45:00 +0200)">Is Perini Navi's fate sealed? Second auction fails to find bidders</a></li><li><a data-gid="gid://syiq/Article/53955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The battle for Perini Navi begins with Sanlorenzo and Ferretti making offer (2021-10-27 08:30:00 +0200)">The battle for Perini Navi begins with Sanlorenzo and Ferretti making offer</a></li></ul>

Perini Navi bought by The Italian Sea Group

The saga of the Perini Navi bankruptcy has been brought to an end with TISG winning the auction.

Perini Navi purchased for €80 million by TISG

Italy

The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motoryachts and sailing yachts up to 140 metres. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, known for is sporty features, cutting-edge design and high performance of its yachts, Perini Navi, excellence in the design and construction of large sailing yachts, and Picchiotti, historical brand in the Italian yachting industry.&nbsp;The Company has a business unit,&nbsp;NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 metres.The Italian Sea Group is the first Italian superyacht maker for vessels over 50 metres. In particular, from 2019 TISG has increasingly focused on the construction of larger and larger yachts, thanks also to its relevant backlog that adds higher value and mark-up.&nbsp;The Shipyard, located in the well-known nautical areas of Italy, was rebuilt on an area of over 144 thousand square meters and boasts unique facilities in the world such as 200 meters private drydock (the biggest in the Mediterranean), a second 147 meters long dock, a floating dock for yachts of up to 3.300 tons, 1.320 sqm of subcontractors’ production workshop, two travel lifts of 260T and 820T, one keel pit and one syncro lift of 1000 T.<iframe width="640" height="360" src="https://www.youtube.com/embed/rpf--8QRL6c?&amp;ab_channel=TheItalianSeaGroupS.p.A.&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>