The British yacht builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> started in 1965 as Marine Projects (Plymouth) Ltd and is owned by L Capital 2 FCPR, a division of the French LVMH group, since 2008. <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> Yachts is building GRP yachts from 10.98 metres to 40.16 metres in length and first entered the 30-metre plus segment in 2011. Since then, four additional models followed and the 40.16-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> 40M yacht is the shipyard’s largest yacht to date. To date, <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> has delivered 36 motor yachts over 30 metres. These yachts have a combined total length of 1,203 metres, an average length of 33.4 metres and an average volume of 221 gross tonnes (GT). <img src="/uploads/store/photo/96452/image/large-fbf9eca425a2bf7bd625a045619f14fa.jpg" data-gid="gid://syiq/Photo/96452">Used MarketOf the 36 30-metre plus <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yachts in operation, five motor yachts are currently available as <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a>, which represents 13.8% of the <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> fleet in operation. These <a href="http://superyachttimes.com/yachts/for-sale/" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> measure between 30.45 and 40.16 metres in length. Looking at the entire fleet of operating motor yachts built in GRP between 30 and 41 metres from 2010 onwards, we find that 21.5% of them are listed as <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a>, which is a higher share than we see for <a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> in this range.&nbsp;The total length of <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> is 173 metres with an average length of 34.6 metres and an average volume of 242 GT. The average price of a used <a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess yacht for sale</a> right now is €10.7 million or €44,000 per GT. &nbsp;On average, <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> have been on the market for 450 days. All of them were completed from 2011 onwards and they have an average age of just three years.The most recent <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yacht for sale</a> is <a data-gid="gid://syiq/Yacht/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samba35.15m (115'4&quot;)Princess Yachts2019">Samba</a> delivered in 2019, while the oldest is <a data-gid="gid://syiq/Yacht/4602" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sauvage32.0m (104'12&quot;)Princess Yachts2012">Sauvage</a> from 2012.<img src="/uploads/store/photo/67521/image/large-f5ca74d44b9ad753bdf1ba9f4efbe615.jpg" data-gid="gid://syiq/Photo/67521">How do the numbers for these <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a> compare to similar <a href="https://www.superyachttimes.com/yachts/for-sale">yachts for sale</a> built by other yards?&nbsp;<a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> are slightly larger on average compared to the market for similar GRP-built motor yachts in the 30-to-41-metre size range. The average length of the fleet in this size range is 34.4 metres per unit for an average gross tonnage of 232 GT, against 34.6 metres and 242 GT on average for a used <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yacht for sale</a>.&nbsp;The average asking price for used <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> is also higher than the average in the 30-to-41 metre size range. The average used <a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess yacht for sale</a> is listed for €10.7 million or €44,000 per GT against €8.23 million per yacht or €35,000 per GT for the market of similar sized yachts. In terms of average days on market, used <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> have been listed for a shorter time than the average similar-sized motor yacht, at 450 days for <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> versus 543 days on the market for the size range as a whole. <img src="/uploads/store/photo/20666/image/large-201f067f6f67c1e0ebc53fb248c38e48.jpg" data-gid="gid://syiq/Photo/20666">Comparison with other yacht buildersHow do used <a href="http://superyachttimes.com/yachts/princess/for-sale/" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> compare with similar used <a href="https://www.superyachttimes.com/yachts/in-grp/motor/30.0m-50.0m/for-sale/2010+">yachts for sale</a> from a selection of other well-known yards also building GRP-hulled motor yachts with a length of between 30 and 41 metres built from 2010 onwards?A direct competitor of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> is the British yard Sunseeker. There are currently 22 used <a href="http://superyachttimes.com/yachts/sunseeker/for-sale/" rel="noopener noreferrer" target="_blank" title="">Sunseeker yachts for sale</a> in this category. They have an average asking price of €9.1 million per yacht or €34,000 per GT and an average volume of 272 GT. These <a href="http://superyachttimes.com/yachts/sunseeker/for-sale/" rel="noopener noreferrer" target="_blank" title="">Sunseeker yachts for sale</a> have been on the market for an average of 501 days.In the same category, buyers can choose from nine used <a href="https://www.superyachttimes.com/yachts/westport/for-sale" rel="noopener noreferrer" target="_blank" title="">Westport yachts for sale</a>. Their average asking price per yacht is €14.6 million or €55,000 per GT with an average volume of 265 GT. These <a href="http://superyachttimes.com/yachts/westport/for-sale/" rel="noopener noreferrer" target="_blank" title="">Westport yachts for sale</a> have been on the market for 387 days on average.Going back to European shipyards, the Italian shipyard Sanlorenzo is also active in this market segment with 16 used <a href="http://superyachttimes.com/yachts/sanlorenzo/for-sale/" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yachts for sale</a>. These 16 used <a href="http://superyachttimes.com/yachts/sanlorenzo/for-sale/" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yachts for sale</a> built from 2010 onwards have an average asking price of €7.8 million with an average length of 33.8 metres and an average volume of 237 GT. Their average asking price per GT is €33,000 and they have been on the market for an average of 368 days.Staying in Italy with GRP-built motor yachts, we take a look at used <a href="https://www.superyachttimes.com/yachts/custom-line/for-sale" rel="noopener noreferrer" target="_blank" title="">Custom Line yachts for sale</a> in the 30-41-metre size range. In this category, there are currently 14 used <a href="https://www.superyachttimes.com/yachts/custom-line/for-sale" rel="noopener noreferrer" target="_blank" title="">Custom Line yachts for sale</a> built from 2010 onwards. They have an average asking price of €8.7 million, an average volume of 224 GT and an average asking price per GT of €39,000. On average, <a href="https://www.superyachttimes.com/yachts/custom-line/for-sale" rel="noopener noreferrer" target="_blank" title="">Custom Line yachts for sale</a> have been on the market for 372 days.<img src="/uploads/store/photo/96423/image/large-853869192d699f52a266d71b0c38e6fc.png" data-gid="gid://syiq/Photo/96423">New&nbsp;<a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yachts for sale</a>&nbsp;on the market per yearIn the last two and a half years, up to two used 30-metre plus yachts built by <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> came on the market per quarter. A total of nine <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yachts were put on the market during that period of time. The first and second quarter of 2019 saw the highest number of used <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yachts come on to the market with two units respectively.The most recent <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yacht to be listed was the 40.16-metre <a data-gid="gid://syiq/Yacht/5925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey40.16m (131'9&quot;)Princess Yachts2015">Odyssey</a>, which came on the market in early May 2019.<img src="/uploads/store/photo/96421/image/large-01c3ecea883dc9556a8b50053dc14596.png" data-gid="gid://syiq/Photo/96421">Yachts sold&nbsp;In the past two and a half years, a total of nine used <a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> were sold. For 2017 and 2018 combined, a total of nine used <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yachts were sold. No sale of a used <a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess yacht for sale</a> has been reported so far in 2019.<img src="/uploads/store/photo/96422/image/large-6c41fac8a3c9477401a96e2b6c59cdc1.png" data-gid="gid://syiq/Photo/96422">If we look at the used <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yachts sold in the last 2.5 years, they were on the market for an average of 215 days. For the total used fleet in the size range of 30 to 41 metres sold during this time period, this average stood at 423 days.The nine <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yachts sold in the last 2.5 years represented a total value of €80 million in terms of final asking prices. Their average last asking price was €10.8 million per yacht or €36,560 per GT. The latest <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yacht sold is the 40.16-metre yacht <a data-gid="gid://syiq/Yacht/5927" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirage IV40.16m (131'9&quot;)Princess Yachts2017">Mirage IV</a> in 2018 while <a data-gid="gid://syiq/Yacht/5925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey40.16m (131'9&quot;)Princess Yachts2015">Odyssey</a> was the highest priced <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> yacht sold in October 2017 asking €17.6 million.<img src="/uploads/store/photo/22225/image/large-00ecfec1f27836a5df7b7bade7c57504.jpg" data-gid="gid://syiq/Photo/22225">Five&nbsp;<a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess Yachts for Sale</a>:The five 30-metre plus <a href="https://www.superyachttimes.com/yachts/princess/for-sale" rel="noopener noreferrer" target="_blank" title="">Princess yachts for sale</a> right now are:<a data-gid="gid://syiq/Yacht/5925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey40.16m (131'9&quot;)Princess Yachts2015">Odyssey</a>&nbsp; – 40.16m - 395GT - 2015 - £13,900,000 (£35k per GT)<a data-gid="gid://syiq/Yacht/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Samba35.15m (115'4&quot;)Princess Yachts2019">Samba</a>&nbsp; – 35.15m - 248GT - 2019 - €14,500,000 (€58k per GT)<a data-gid="gid://syiq/Yacht/5987" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antheya III35.15m (115'4&quot;)Princess Yachts2015">Antheya III</a> – 35.15m - 248GT - 2015 - £9,750,000 (£39k per GT)<a data-gid="gid://syiq/Yacht/4602" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sauvage32.0m (104'12&quot;)Princess Yachts2012">Sauvage</a> – 32m - 196GT - 2012 - £4,950,000 (£25k per GT)<a data-gid="gid://syiq/Yacht/7286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bandazul30.45m (99'11&quot;)Princess Yachts2018">Bandazul</a>&nbsp; – 30.45m - 124GT - 2018 - £6,850,000 (£55k per GT) <a href="https://www.superyachttimes.com/market-intelligence" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ</a> is our live market intelligence system and our subscribers have live access to all this data and intelligence, as well as much more insight. If you are interested in a demonstration, then please contact us. Besides the online intelligence system, the new market report <a data-gid="gid://syiq/Article/50141" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times’ new market report - The State of Yachting - available now (2019-07-17 14:00:00 +0200)">The State of Yachting 2019</a> is available for purchase.

SYT iQ: Princess yacht market performance in numbers

Antheya III cruising

original

small

medium

large

extra_large

Princess 32M running

Samba yacht exterior

Princess used yacht market review

Bandazul yacht cruising

In this series of articles, the SuperYacht Times intelligence team analyse the used Princess yacht market and sales. 

SYT iQ: Princess Yachts’s performance on the used yacht sales market

Designer <a data-gid="gid://syiq/Company/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luiz de Basto Designs (Company)">Luiz de Basto</a> has unveiled the renderings for a new 92-metre superyacht concept, Project MED. The new concept focuses heavily on open space and features a reflective glass superstructure that mirrors her surroundings.<img src="https://photo-assets.superyachttimes.com/photo/288121/image/large-808baff3b58ad59e2fbad287108918a6.jpg" data-gid="gid://syiq/Photo/288121">Project MED takes inspiration from the power of open space and celebrates the Mediterranean lifestyle and free-spirited thinkers. At the heart of the 2,300 GT concept is the open main deck called Agora, named after the public square and centre of life in Ancient Greece.<img src="https://photo-assets.superyachttimes.com/photo/288130/image/large-1ab3f59c94def976e280742c453f6778.jpg" data-gid="gid://syiq/Photo/288130">“One of the greatest gifts of the Mediterranean civilization to the modern world is the ethos for outdoor living and alfresco dining, known to contribute to well-being. This MED concept aims to deliver experiences and offer infinite flexibility,” explained <a data-gid="gid://syiq/Company/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luiz de Basto Designs (Company)">Luiz de Basto</a>. <img src="https://photo-assets.superyachttimes.com/photo/288135/image/large-93bdd3e284418df4ad75f4b4dae75e1d.png" data-gid="gid://syiq/Photo/288135">Project MED features naval architecture by <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral Naval Architects</a>, which were responsible for designing a structural lattice system that allows the superstructure to have a minimum footprint and rest on her four supports.<img src="https://photo-assets.superyachttimes.com/photo/288129/image/large-4e8e7866b098b03946d06ba879c8e4a2.jpg" data-gid="gid://syiq/Photo/288129"><img src="https://photo-assets.superyachttimes.com/photo/288131/image/large-3cb827e386ff8fe9451c33d6e8d2fc78.jpg" data-gid="gid://syiq/Photo/288131">The main deck of Project MED is characterised by her open social area, reminiscent of a busy town square. The inviting space allows for guests to congregate and engage with each other and the surrounding nature, creating a closer connection between her and the sea.<img src="https://photo-assets.superyachttimes.com/photo/288132/image/large-7ba594ff80b86a95b6d3fd0227c7e4fb.jpg" data-gid="gid://syiq/Photo/288132">The Agora deck of Project MED is a multipurpose, flexible space, partially open to the open air. Her glass staircase allows for uninterrupted views, and acts as a visual anchor. The open approach also allows the design to outlive trends and fashions of the moment and to change during the yacht’s life, just like the entire vessel herself.<img src="https://photo-assets.superyachttimes.com/photo/288128/image/large-1d7ca7836a04f9429143e98342c79d40.jpg" data-gid="gid://syiq/Photo/288128">Below the Agora deck are two decks of private spaces with an open layout configuration. In the superstructure, which appears suspended above the Agora open deck, there are two additional decks of open public spaces.<img src="https://photo-assets.superyachttimes.com/photo/288125/image/large-53fc34d3b4f23b0dbbe575d54a298161.jpg" data-gid="gid://syiq/Photo/288125">In terms of accommodation, Project MED can comfortably accommodate up to 14 guests, with an owner’s deck situated on the upper deck. Her remaining staterooms include, four guest suites and two VIP suites.<img src="https://photo-assets.superyachttimes.com/photo/288126/image/large-2b5d06672593d8ff69530265dcf3d5b4.jpg" data-gid="gid://syiq/Photo/288126">A key defining feature of Project MED is her reflective glass superstructure, polished like a pebble stone, which mirrors her surroundings. As well as this, the hull’s openings and windows are covered in serigraphy that matches the hull color so they are virtually invisible from the outside.<img src="https://photo-assets.superyachttimes.com/photo/288123/image/large-56bd394f1e6a1e940e6f08756bbeaf93.jpg" data-gid="gid://syiq/Photo/288123">“I wanted to strip the profile of everything superfluous, leaving just the right number of elements to convey the concept,” said <a data-gid="gid://syiq/Company/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luiz de Basto Designs (Company)">Luiz de Basto</a>. “The flying superstructure volume touches the hull delicately, dissolving the Main Deck into a void space and leaving the Agora Deck open.”<img src="https://photo-assets.superyachttimes.com/photo/288127/image/large-9031fd6deadc358767d431c71f204498.jpg" data-gid="gid://syiq/Photo/288127">However attractive the final appearance is, it isn't set in stone. “We are not interested in proposing an innovative profile only; we can make the design more conservative or modern, according to the owner's preference.”<img src="https://photo-assets.superyachttimes.com/photo/288122/image/large-533328f13dc5e9dfdbe614138e3e359e.jpg" data-gid="gid://syiq/Photo/288122">Project MED is buildable today and will feature an electric-hybrid propulsion system, allowing her to cruise with fewer noise and pollution. She will be able to reach a top speed of 16.5 knots, with a cruising speed of 14 knots. <img src="https://photo-assets.superyachttimes.com/photo/288124/image/large-b74d128d15c2615ae072f1d860afe461.jpg" data-gid="gid://syiq/Photo/288124">“We designed this project for people who are curious about life, people who are courageous and want to build their own space. For them, we have re-thought what it means to live onboard instead of designing another conventional yacht and making it work.”

De Basto Design unveils new 92m superyacht concept Project MED

Luiz de Basto has unveiled the renderings for a new 92-metre superyacht concept, Project MED.

De Basto Design unveils new 92m reflective glass superyacht concept Project MED

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> announces new Group Marketing Director and Global Head of Charter Management. Showcasing a range of experience in product design and luxury marketing, Callum Peden has joined <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> as Group Marketing Director. He began his career with Dyson in the UK, focusing on new product development and went on to spend 15 years in the yachting industry, leading the marketing team at <a data-gid="gid://syiq/Company/259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y.CO (Company)">Y.CO</a> in Monaco.<img src="https://photo-assets.superyachttimes.com/photo/288119/image/large-db81c98ff0c721465c0b433c586f8866.jpg" data-gid="gid://syiq/Photo/288119">Commenting on his experience Callum stated, “My background and experience has led me to take a client centric approach to building brands and implementing marketing strategies. By looking at the client experience, and how we can use modern marketing and brand techniques to enhance that journey, we are able to design interactions with clients that add real value and build brand equity.”Reflecting on his new appointment Callum said, “I am extremely proud to have been given the opportunity to work with a brand as rich in heritage as <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>. I look forward to sharing a fresh perspective with the team as we work to develop and grow that brand in markets around the world.”In addition, Julie Bichon has also joined the <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> team, taking on the role of Global Head of Charter Management on 11 September this year.“I am delighted to join a company with such a strong brand and heritage,” explained Julie Bichon, commenting on her new role. “The team is incredibly strong and I look forward to fostering collaboration and generating new ideas to enhance the success of the company's charter fleet.”<img src="https://photo-assets.superyachttimes.com/photo/288120/image/large-3a5ecc17cb2931e7b2aebd01f4f8ef0d.jpg" data-gid="gid://syiq/Photo/288120">Julie will be working in the Monaco office and boasts 14 years of charter management experience, 11 of which were spent as Charter Manager at YachtZoo, followed by three years at Hill Robinson. She has successfully built networks within the industry and has an excellent record for marketing and managing charter fleets.Chief Executive Officer at <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, Paolo Casani stated, “Julie Bichon shares our commitment to deliver the highest quality of service to both current and future clients. She has great enthusiasm, and I am confident that she will be instrumental in the continued development and growth of the <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> charter fleet.”

Camper & Nicholsons new Group Marketing Director and new Global Head of Charter Management

Camper & Nicholsons announces new Group Marketing Director, Callum Peden and Global Head of Charter Management, Julie Bichon.

Camper & Nicholsons announces new Group Marketing Director and Global Head of Charter Management

<a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has announced the opening of a new office in Dubai, in partnership with Vision Investments Limited, a subsidiary of Al Ameeri Group Holding. This marks the 15th office that <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> has opened worldwide, showcasing their influence globally.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/244698/image/large-36128dd8232f5b75d9dd7bfd2f330e7c.jpg" data-gid="gid://syiq/Photo/244698">Reflecting on the new collaboration, Ahmad Al Ameeri, CEO of Al Ameeri Group Holding stated, “We are very excited and thrilled to announce our partnership with <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. This partnership represents a significant milestone in our journey to diversify our investments towards excellence and in particular in the maritime industry. With <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> and our Group’s knowledge &amp; experience, we are confident that this partnership will provide yacht owners and clients with the finest options and solutions for their yachting needs and will set new standards of excellence.”The strategic move to establish an office in Dubai reflects the growing luxury yachting market in the United Arab Emirates. The city’s commitment to hosting events like the Dubai International Boat show enforces the importance of the region in the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/283810/image/large-e7ec014e-377b-477f-ae3e-975c37befb28.jpeg" data-gid="gid://syiq/Photo/283810"><a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> CEO Raphael Sauleau commented on the company’s expansion stating, “The opening of our 15th office globally and our presence in the Middle East solidifies our position as a key player in the yachting industry. Our partnership with Vision Investments Limited is a testament to our confidence in Al Ameeri Group Holding and their alignment with our vision and values. We are excited about the opportunities this expansion brings and are dedicated to providing unmatched services to existing clients and new clients alike in Dubai and the Middle East.”

IYC opens new office in Dubai

YC has announced the opening of a new office in Dubai, in partnership with Vision Investments Limited, a subsidiary of Al Ameeri Group Holding.

IYC announces opening of a new office in Dubai

The 39.34-metre <a data-gid="gid://syiq/Company/1556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SES Yachts (Company)">SES</a> sailing yacht <a data-gid="gid://syiq/Yacht/6846" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grace III39.34m (129'1&quot;)SES Yachts2021">Grace III</a> has entered the market. Delivered in 2021, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is represented by <a data-gid="gid://syiq/Company/797" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Brokerage (Company)">Hoek Brokerage</a>.<img src="https://photo-assets.superyachttimes.com/photo/285870/image/large-4970cbf6a5de6fa246575ef26897ea35.jpg" data-gid="gid://syiq/Photo/285870">The <a href="https://www.superyachttimes.com/yachts/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a> boasts a classic design which stemmed from the drawing boards of <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design Naval Architects</a>. <a data-gid="gid://syiq/Yacht/6846" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grace III39.34m (129'1&quot;)SES Yachts2021">Grace III</a> can accommodate up to 10 guests across her five sumptuous staterooms, with space for a crew of six members, including the yacht’s captain.The yacht features an expansive main deckhouse, boasting a spacious cockpit.<img src="https://photo-assets.superyachttimes.com/photo/285878/image/large-32e9e7e93670fdd9bd8477fc3a5645fb.jpg" data-gid="gid://syiq/Photo/285878"><img src="https://photo-assets.superyachttimes.com/photo/285877/image/large-7d5abca434ec7a67a9a4fbf64bf6a974.jpg" data-gid="gid://syiq/Photo/285877"><img src="https://photo-assets.superyachttimes.com/photo/201078/image/large-5df80bc5503a41359e5c7d1051dab5a4.jpg" data-gid="gid://syiq/Photo/201078">Displaying an aluminium hull and wooden superstructure, the<a href="https://www.superyachttimes.com/yachts/ses/for-sale" rel="noopener noreferrer" target="_blank" title="">&nbsp;SES yacht for sale</a> showcases a chic interior aesthetic. Below and forward of the deckhouse is the sailing yacht’s main saloon. The space boasts a large L-shaped fitted sofa and an adjacent comfortable cream sofa, complete with lavish patterned furnishings, forming an inviting ambience onboard. Meticulous wooden craftsmanship and warm strip lighting characterises the saloon, this is complemented by the yacht’s bright lacquered ceilings, enhancing the sense of luxury onboard.<img src="https://photo-assets.superyachttimes.com/photo/201071/image/large-019a5e40188bc9b8b2730f239f8d2948.jpg" data-gid="gid://syiq/Photo/201071"><img src="https://photo-assets.superyachttimes.com/photo/201076/image/large-b5558c2c3d80bb92718a63093f17f480.jpg" data-gid="gid://syiq/Photo/201076"><img src="https://photo-assets.superyachttimes.com/photo/201068/image/large-2526353051f84f98b425151c1e68b10f.jpg" data-gid="gid://syiq/Photo/201068">In addition, a sophisticated interior aesthetic extends across the yacht’s staterooms, fusing dark glossy woods with a neutral colour palette, complete with deep shades of blue. <a data-gid="gid://syiq/Yacht/6846" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grace III39.34m (129'1&quot;)SES Yachts2021">Grace III</a> houses an extensive master suite aft of the deckhouse which is equipped with an opulent ensuite. In addition, two elegant guest staterooms are situated port and starboard, featuring comfortable furnishings and soft fabrics. Unique art wall hangings are also scattered throughout the yacht’s interior, creating an inviting atmosphere onboard.<img src="https://photo-assets.superyachttimes.com/photo/201077/image/large-afcfaf4f1e567a5ed53debc0e58e24fa.jpg" data-gid="gid://syiq/Photo/201077"><img src="https://photo-assets.superyachttimes.com/photo/201074/image/large-b672d04b128373abb279adf1849438c3.jpg" data-gid="gid://syiq/Photo/201074"><img src="https://photo-assets.superyachttimes.com/photo/201073/image/large-4b4810a5e3d15d86ad3f68652dddec01.jpg" data-gid="gid://syiq/Photo/201073"><img src="https://photo-assets.superyachttimes.com/photo/285884/image/large-a0efa0ed378d3792496637f44cc84c65.jpg" data-gid="gid://syiq/Photo/285884">The classic sloop is part of the Hoek Truly Classic 128 series and showcases plenty of seating areas for guests to choose from. Her exterior deck displays an expansive U-shaped cream sofa, surrounding twin angular coffee tables, allowing guests to embrace their sea-views while feeling utterly relaxed. <a href="https://www.superyachttimes.com/yachts/grace-iii/for-sale" rel="noopener noreferrer" target="_blank" title="">Yacht Grace III for sale</a> also features large white sunpads on her outer deck, providing guests with the perfect location to soak up the sun.<img src="https://photo-assets.superyachttimes.com/photo/204869/image/large-7d5cce579318bb0433c3b7c16003eb02.jpg" data-gid="gid://syiq/Photo/204869"><img src="https://photo-assets.superyachttimes.com/photo/285868/image/large-709749e98e592d9f2d14c6692cf09fc2.jpg" data-gid="gid://syiq/Photo/285868"><img src="https://photo-assets.superyachttimes.com/photo/204868/image/large-e9ba022bb7fa8095d1ef50bee03d13d5.jpg" data-gid="gid://syiq/Photo/204868">In terms of performance, the sailing yacht displays a single <a data-gid="gid://syiq/Company/1470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scania (Company)">Scania</a> engine. In addition, <a data-gid="gid://syiq/Yacht/6846" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grace III39.34m (129'1&quot;)SES Yachts2021">Grace III’</a>s structure consists of various international equipment, including Scandinavian built propulsion and machinery.

SES sailing yacht Grace III for sale

New to market: The 39m SES sailing yacht Grace III is for sale, boasting a classic design.

39m SES sailing yacht Grace III for sale

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> celebrates 60 years of <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> as the brand obtains Sustainable Powered Yacht (SuP-Y) certification. While celebrating <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>'s achievement, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Group</a> also displayed a fleet of several yacht models at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show</a>.<img src="https://photo-assets.superyachttimes.com/photo/269914/image/large-5f0f07abb35506f8cd014357d10693ac.jpg" data-gid="gid://syiq/Photo/269914">A collaborative effort by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Division, Weichai Power Science &amp; Technology Division and Rina Services Spa has led to innovative sustainable technology that entails the installation of modern fuel cells onboard <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> superyachts.&nbsp;Through achieving Sustainable Powered Yacht certification, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> has crafted a significant milestone in the brand’s history of innovation and technological development. <img src="https://photo-assets.superyachttimes.com/photo/288118/image/large-31dea9d430f40e9283050c42a34b5303.jpeg" data-gid="gid://syiq/Photo/288118">Alberto Galassi, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO commented on the news stating, “<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, and yachting in general, are in a state of grace today that promises a bright future. This positive energy allows and requires us to invest and grow responsibility, focusing on new technologies and sustainable innovations such as those announced in the area of fuel cells. A good example is set by <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, our glorious shipyard that celebrates 60 years at the cutting edge with an important certification in the fuel sector. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has the merit and good fortune to have the most iconic brands in the industry.”<img src="https://photo-assets.superyachttimes.com/photo/260867/image/large-5e5d5c3dcbe40ce54198eb723f80f847.jpeg" data-gid="gid://syiq/Photo/260867">In addition, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> shared their financial performance at their <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show</a> press conference, revealing their backing by Italian and International investors. In the first half of 2023, the company reported revenues of €580.8 million and the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is set to showcase major developments in production capacity, with a 20% increase in global production surface area.

Ferretti Group 60 years of CRN and investments in innovation

The Ferretti Group celebrates 60 years of CRN and the brand obtains Sustainable Powered Yacht certification.

Ferretti Group celebrates 60 years of CRN and investments in sustainability 

NEOM and <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a> have announced a partnership to establish a 10,000 square-metre repair facility at NEOM’s luxury island and yachting destination <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a>.<img src="https://photo-assets.superyachttimes.com/photo/250919/image/large-004fe8d70c125c080a89ceb6ed6f353b.jpg" data-gid="gid://syiq/Photo/250919">The collaboration between the companies aligns with the imminent opening of the yachting destination on the Saudi water of the Red Sea, <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a> in 2024. The repair facility will be the first of several yacht repair centres in NEOM, in preparation for the anticipated growth of visitors to the region in the following years.&nbsp;The new facility will provide yacht owners travelling to the Red Sea with access to <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a>’s repair experience when it comes to yachts and superyachts. In addition, the new facility is set to reflect NEOM’s vision of building a maritime destination in the region, with both NEOM and <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> committed to providing efficient and sustainable solutions for maintenance and repair. <img src="https://photo-assets.superyachttimes.com/photo/276017/image/large-26320abca45d88e2312a26c9ab1245b1.jpg" data-gid="gid://syiq/Photo/276017">Aayush Killa, NEOM Islands Executive Director commented on the partnership stating, "Teaming up with <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a> reflects our commitment to becoming a distinctive yachting destination. This venture embodies our dedication to delivering world-class infrastructure and services to support yachts visiting the Red Sea."Read:&nbsp;<a href="https://www.superyachttimes.com/yacht-news/sindalah-announced-as-neom-s-first-island-development" rel="noopener noreferrer" target="_blank" title="">Red Sea development: Sindalah, NEOM’s first island development with 86-berth marina announced</a>The repair facility is set to emphasise the importance of sustainable development within its design and equipment. It will begin operations with an extensive array of services, including onboard electrical and hydraulic system repairs. Yachts of all sizes will be accepted at the facility for in-water works and the centre will repair yachts of up to 40-metres for drydock operations.<img src="https://photo-assets.superyachttimes.com/photo/104939/image/large-b0d4139f0a575807c04fd9acc1479478.jpg" data-gid="gid://syiq/Photo/104939">“We are extremely excited to be a part of the remarkable NEOM project and embrace the opportunity that this partnership represents. We envision this as merely the beginning of a lasting and meaningful collaboration, allowing us to provide the local yachting community with a world-class refit and repair service in this incredibly beautiful region with so much to offer” explained <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> Chairman, Pepe García-Aubert.

NEOM partners with MB92 Group to announce yacht repair facility 

NEOM and MB92 Group have announced a partnership to establish a 10,000 square-metre repair facility at Sindalah.

NEOM partners with MB92 Group to establish a yacht repair facility at Sindalah 

The 45-metre <a data-gid="gid://syiq/Company/32" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holland Jachtbouw (Company)">Holland Jachtbouw</a> superyacht <a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014">Mirasol</a> has joined the market, represented by Simon Goldsworthy of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> was refitted in 2020 and designed as a fast-moving, high-performance sloop compatible with the light breezes often found in Mediterranean cruising grounds.<img src="https://photo-assets.superyachttimes.com/photo/288087/image/large-8c06911b9ebe5308ab6affe44af00fe6.png" data-gid="gid://syiq/Photo/288087">Built in 2014, the <a href="https://www.superyachttimes.com/yachts/sailing/for-sale" rel="noopener noreferrer" target="_blank" title="">sailing yacht for sale</a> features exterior design and naval architecture by the British <a data-gid="gid://syiq/Company/223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dixon Yacht Design (Company)">Dixon Yacht Design</a>. <a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014">Mirasol</a>’s peaceful and minimalistic interior was designed by UK-based design studio <a data-gid="gid://syiq/Company/200" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rhoades Young Design (Company)">Rhoades Young Design</a> and features a mixture of materials, fabrics and textures and allows for ample natural light.<img src="https://photo-assets.superyachttimes.com/photo/288088/image/large-e65f70937db94bc69b33adf486742878.png" data-gid="gid://syiq/Photo/288088">The <a href="https://www.superyachttimes.com/yachts/holland-jachtbouw/for-sale" rel="noopener noreferrer" target="_blank" title="">Holland Jachtbouw yacht for sale</a> is built to perform, with carbon fibre spars as well as performance sails and carbon rigging and a telescopic keel, which can be lowered for genuine performance sailing and raised to gain entry to shallow waters and harbours.<a href="#managed-by-system" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014" data-gid="gid://syiq/Yacht/4021" target="_blank" rel="noopener noreferrer"></a><a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014"></a><a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014"><img src="https://photo-assets.superyachttimes.com/photo/288089/image/large-ab62ec235a89783c3c2af8b14d0e2d6d.png" data-gid="gid://syiq/Photo/288089">Mirasol</a>’s structure also features a hydraulic bimini which raises and lowers in a similar way to the roof of a hard-top convertible car. <img src="https://photo-assets.superyachttimes.com/photo/288092/image/large-04a2551d0d444921692abd2afd1fda07.png" data-gid="gid://syiq/Photo/288092">The 45-metre <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> can accommodate eight (plus three) guests across four staterooms and houses up to six crew members. Guests onboard can make use of <a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014">Mirasol</a>’s large and comfortable cockpit perfect for al-fresco dining.<img src="https://photo-assets.superyachttimes.com/photo/288099/image/large-f7464472908205ada1bdb2a2b1935360.png" data-gid="gid://syiq/Photo/288099">In terms of performance, the 196GT sailing yacht <a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014">Mirasol</a> has a cruising speed of 12 knots. <a data-gid="gid://syiq/Yacht/4021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mirasol45.0m (147'8&quot;)Holland Jachtbouw2014">Mirasol</a> is offered for sale for only the second time since delivery. She is present at anchor during the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show 2023</a>.

Holland Jachtbouw superyacht 45m Mirasol for sale

The 45-metre Holland Jachtbouw superyacht Mirasol has entered the market.

45m Holland Jachtbouw superyacht Mirasol enters the market

Turkey-based builder <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Shipyard (Company)">Ares Shipyard</a> has unveiled a new superyacht brand, <a data-gid="gid://syiq/Company/6519" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Custom Yachts (Company)">Ares Yachts</a>, at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show 2023</a>. The yard currently has two yachts under construction, a 62-metre sailing yacht named Simena&nbsp;and a 50-metre motor yacht called Spitfire. &nbsp; <img src="https://photo-assets.superyachttimes.com/photo/288109/image/large-f4c150988854494e4ba9b29d2b5375e0.jpg" data-gid="gid://syiq/Photo/288109">Founded in 2006 by the Kalafatoğlu family, <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Shipyard (Company)">Ares Shipyard</a> has a long tradition of shipbuilding and sailing. The shipyard has already delivered over 230 yachts to more than 15 countries to date and is now looking to expand further into luxury yachting.<img src="https://photo-assets.superyachttimes.com/photo/260005/image/large-06c931164e9e1c0e84d900f46787c45b.jpg" data-gid="gid://syiq/Photo/260005">“We have already been recognised as being both Turkey’s fastest-growing company and its largest exporter of military and commercial vehicles. This makes it the perfect time for us to expand our offering and show the superyacht industry what we are capable of!” explained Kerim Kalafatoğlu, Chairman of <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Shipyard (Company)">Ares Shipyard</a>.<a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Shipyard (Company)">Ares Shipyard</a> already has a total of four hangars and a dedicated furniture factory, with the capacity to build vessels up to 90-metres. The brand has been working on yacht projects for some time, including 61.1-metre steel hulled cruising ketch Simena, which is currently in-build and 50-metre motor yacht Spitfire which is also under construction.<img src="https://photo-assets.superyachttimes.com/photo/288102/image/large-51fc14f5a61a82d1eca745418b98a245.jpg" data-gid="gid://syiq/Photo/288102">Simena features design penned by <a data-gid="gid://syiq/Company/703" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Taka Yacht Design (Company)">Taka Yacht Design</a> and <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a>. She boasts a carbon-epoxy superstructure, all-aluminium masts and rigging design imagined by Chris Mitchell. Powered by hybrid propulsion, Simena displays a top speed of 15 knots and a cruising speed of 11 knots. The yacht has an expected delivery date of December 2024.<img src="https://photo-assets.superyachttimes.com/photo/288103/image/large-0d7289c4107dde9872467fda2218b5ff.jpg" data-gid="gid://syiq/Photo/288103">In addition, Spitfire promises to boast 499 GT and has been designed in collaboration with <a data-gid="gid://syiq/Company/5009" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lateral Naval Architects (Company)">Lateral Naval Architects</a> and <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a>. The motor yacht represents the natural evolution of <a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Shipyard (Company)">Ares</a> 150 Bold Class design and hull form, featuring hybrid propulsion, allowing her to reach a top speed of 23 knots.<img src="https://photo-assets.superyachttimes.com/photo/288106/image/large-a1f0dcb763397ebef286d76ef43afb81.jpg" data-gid="gid://syiq/Photo/288106"><img src="https://photo-assets.superyachttimes.com/photo/288105/image/large-b3ee310f855fa44680341477016d7330.jpg" data-gid="gid://syiq/Photo/288105"><a data-gid="gid://syiq/Company/6519" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Custom Yachts (Company)">Ares Yachts</a> has developed a new family of vessels - with the range spanning 65-metres, 75-metres and 85-metres, characterised by their distinctive design.In addition, <a data-gid="gid://syiq/Company/6519" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares Custom Yachts (Company)">Ares Yachts</a> has announced Project Atlas, a 54-metre fast displacement explorer motor yacht with a steel hull and aluminium superstructure. This project is currently in the pipeline with <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a>.

Ares unveils new superyacht brand Ares Yachts 

Turkey-based builder Ares Shipyard has unveiled a new superyacht brand, Ares Yachts, at the Monaco Yacht Show 2023.

Ares unveils new superyacht brand Ares Yachts at MYS

New renderings have been revealed of the 56-metre fully-custom T560 Apache <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> yacht model at <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">The Monaco Yacht Show</a>. The model is still in the engineering phase and is set for delivery in late 2026. The project has been sold by <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> to a first-time yacht owner couple from America.<img src="https://photo-assets.superyachttimes.com/photo/288073/image/large-9400d736f5b3dbec70a91635688bbe29.jpg" data-gid="gid://syiq/Photo/288073">The T560 is conceived by designer <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini</a>, the T560 Apache borrows its essence from <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Mancini</a>'s iconic 76-metre T760 Apache, which was showcased at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show</a> in 2021. A formidable challenge: to encapsulate the grandeur of a larger vessel into a more compact design. Yet, the synergy between the <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> crew and <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Mancini's</a> studio made it possible. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288094/image/large-e1afe34156f697fd4c471c97c01fda0e.jpg" data-gid="gid://syiq/Photo/288094">Claudio Corvino, <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa's</a> Sales and Business Development Manager, elaborated on the complexities. “Our task was two-fold: first, to integrate the design nuances of the 76-metre variant while preserving the yacht's refined elegance. Second, to ensure expansive interiors typically associated with yachts exceeding 1,000 gross tons.” &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288072/image/large-44c3221e406e8d86e79985524b57338a.jpg" data-gid="gid://syiq/Photo/288072">Highlighting the masterful design, Corvino added, "We aspired to craft a beach-inspired haven boasting expansive exteriors, devoid of the formality often seen in similar-sized yachts. The result is truly a nautical marvel, reflecting not only the desires of our American clientele but also the versatility and brilliance of the <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> ensemble.” &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288090/image/large-6687f20d524dacb60c9ff822ee823837.jpg" data-gid="gid://syiq/Photo/288090">The T560 project had its roots at the <a data-gid="gid://syiq/Event/128" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2022">2022 Fort Lauderdale International Boat Show</a>. Born from the aspirations of a young American couple, the project saw collaborative efforts with <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> USA. J.D. Crawford, the distinguished broker from <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>'s Fort Lauderdale Office, played an instrumental role in this alliance. Sharing his insights, Crawford mentioned, “During our preliminary discussions, we delved deep into the clients' unique preferences. The quest led us to <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a>, with their profound expertise proving invaluable in bringing the clients' dream to fruition.” &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288089/image/large-ab62ec235a89783c3c2af8b14d0e2d6d.png" data-gid="gid://syiq/Photo/288089"><img src="https://photo-assets.superyachttimes.com/photo/288092/image/large-04a2551d0d444921692abd2afd1fda07.png" data-gid="gid://syiq/Photo/288092"><img src="https://photo-assets.superyachttimes.com/photo/288093/image/large-5aaf7f9de0e6eb3ad8a210c328708c93.jpg" data-gid="gid://syiq/Photo/288093"><img src="https://photo-assets.superyachttimes.com/photo/288086/image/large-5c8e9d7a30f3df0040d779f1da18347f.jpg" data-gid="gid://syiq/Photo/288086">The sold T560 yacht showcases and expansive owner's suite, a feature borrowed from the T760 Apache, which has been seamlessly integrated into the T560. It provides a panoramic studio apartment view and is accentuated by a private terrace featuring a 5.5-metre fresh water infinity pool and an alfresco lounge crowned with a central firepit. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288083/image/large-8668e51e79f5e0b8df34497158c8555e.jpg" data-gid="gid://syiq/Photo/288083"><img src="https://photo-assets.superyachttimes.com/photo/288084/image/large-5984350ead5d3a6dbe0518f286dcb508.jpg" data-gid="gid://syiq/Photo/288084"><img src="https://photo-assets.superyachttimes.com/photo/288085/image/large-49fdd8500b7bccecb2513a372c855a74.jpg" data-gid="gid://syiq/Photo/288085">Further design highlights include a casual aft saloon, a preference of the owner underpinned by a convertible dining space with soft furnishings and natural forms intended to be used across the interior spaces. &nbsp;Five luxurious guest staterooms, including a large VIP, are situated on the main deck. With guest accommodations at the main deck level, the crew enjoys expansive quarters for 10 including the captain below, complemented by wellness and fitness zones.<img src="https://photo-assets.superyachttimes.com/photo/288078/image/large-5b52bd9236ccc7d48e15d90bf2f0e42c.jpg" data-gid="gid://syiq/Photo/288078"><img src="https://photo-assets.superyachttimes.com/photo/288077/image/large-ff590df1ef7ff8460af7b10d63e76aa4.jpg" data-gid="gid://syiq/Photo/288077"><img src="https://photo-assets.superyachttimes.com/photo/288074/image/large-0cfb42b68a609bc167279dcde3e0fefb.jpg" data-gid="gid://syiq/Photo/288074">Yet, if there's one feature capturing the essence of 'beach chic' desired by the American owners, it's the beach club. Featuring a 4-metre glass pool and retractable side balconies, it manifests as a grand 90-square-metre recreational space. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288094/image/large-e1afe34156f697fd4c471c97c01fda0e.jpg" data-gid="gid://syiq/Photo/288094"><img src="https://photo-assets.superyachttimes.com/photo/288095/image/large-313244c57e1c75ef923a2c49dba8c216.jpg" data-gid="gid://syiq/Photo/288095">The T560 Apache's prizes an impressive 840GT volume, thanks to the designers dedication to craft a custom yacht, bearing testimony to the timeless style of the original concept.<img src="https://photo-assets.superyachttimes.com/photo/288072/image/large-44c3221e406e8d86e79985524b57338a.jpg" data-gid="gid://syiq/Photo/288072">This is reiterated by the designers comments when saying; “The T560 Apache design shifts the key features of the original 76-metre T760 Apache concept into a 56-metre yacht, guided by the requirements of an American client who loved the larger concept but wanted the same features in a shorter hull length,” says <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini</a>, founder and principal of <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">AM Yacht Design.<img src="https://photo-assets.superyachttimes.com/photo/288071/image/large-2c153500ed03d119ac8fd23b6a117184.jpg" data-gid="gid://syiq/Photo/288071"></a>The T560 will be powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines which will power her with a top speed of 17 knots and a cruising speed of 15 knots. She will feature a light alloy aluminium superstructure.&nbsp;As mentioned in the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show</a>, <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> currently have nine projects under construction at their shipyard.&nbsp;

rendering revealed of fully-custom T560 Apache Tankoa yacht project

New renderings have been revealed of the 56-metre fully-custom T560 Apache Tankoa yacht project at The Monaco Yacht Show. 

home-featured-hero#0

Renders of custom Tankoa superyacht T560 Apache unveiled

<a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> unveils the 120 yacht concept, a 36.6-metre motor yacht characterised by an athletic silhouette and functionality. She features interior design penned by <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> and can accommodate up to 10 guests onboard, with space for five crew members including the yacht’s captain. <img src="https://photo-assets.superyachttimes.com/photo/288053/image/large-8c2b6c599e98082f6e5f021c94ab90de.jpg" data-gid="gid://syiq/Photo/288053">The main deck saloon has the intention of becoming a private retreat, the interior is characterised by mid-century modern influences. Moreover, the 120 yacht showcases relative surfaces to bounce the light around the space. Uninterrupted views from dining to lounging are featured in the expansive-open plan main deck. Luxurious stone finishes, detailed centrepiece bulkheads and statement lighting pieces create an elegant space for the owners to immerse themselves in their sumptuous surroundings. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/288068/image/large-0ee1a964b74a8e8d3c36374e2831fe06.jpg" data-gid="gid://syiq/Photo/288068"><img src="https://photo-assets.superyachttimes.com/photo/288067/image/large-6a8c371d1ad7730a50f68c5289e1904f.jpg" data-gid="gid://syiq/Photo/288067"><img src="https://photo-assets.superyachttimes.com/photo/288063/image/large-e21c2a1a7790e4aeb4969d8bd510c097.png" data-gid="gid://syiq/Photo/288063">The owner’s master stateroom is situated on the main deck and features full height windows and scope for customisation, while the lower deck accommodation consists of opulent ensuite staterooms.<img src="https://photo-assets.superyachttimes.com/photo/288065/image/large-752794ea6e3e260b47d6524d9aa420ba.png" data-gid="gid://syiq/Photo/288065"><img src="https://photo-assets.superyachttimes.com/photo/288060/image/large-a49ef5f4b6188d82b6549022afe522ed.png" data-gid="gid://syiq/Photo/288060">Unique features onboard include her exterior which showcases an extensive aft cockpit with a fully equipped wet bar and an integrated tender garage that can comfortably house a six-metre tender and two jet skis.<img src="https://photo-assets.superyachttimes.com/photo/288066/image/large-30e2377023f60317a635e65d76e2d901.png" data-gid="gid://syiq/Photo/288066"><img src="https://photo-assets.superyachttimes.com/photo/288064/image/large-f73da96a28fec31020a87e851c2b8531.png" data-gid="gid://syiq/Photo/288064"><a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> CEO Andrea Frabetti commented on the concept stating, "we are excited to reveal the spectacular 120 yacht, a new superyacht destined to join our dynamic product range. The inspiration for the 120 yacht comes from our heritage superyachts, the iconic <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> line is ever present but has been completely reinvented, projecting the superyacht range forward fit for the future. We have worked very closely with Design Unlimited to realise a spectacular interior design for the 120 yacht. Immediately we want owners to be met with a very special interior space that has high impact but with the comfort and practicalities of home.”<img src="https://photo-assets.superyachttimes.com/photo/288055/image/large-b26507973b29fc33cbb5bdf2ac27c18d.jpg" data-gid="gid://syiq/Photo/288055"><img src="https://photo-assets.superyachttimes.com/photo/288059/image/large-1b53f08ef43d8425e48736b1e902919d.jpg" data-gid="gid://syiq/Photo/288059">Performance wise, she is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines which give her a cruising speed of 20 knots.&nbsp;

Sunseeker unveils a 37m 120 yacht concept 

 Sunseeker unveils the 120 yacht concept, a 36.6-metre motor yacht characterised by an athletic silhouette and functionality. 

Powered by the intelligence platform <a href="https://www.superyachttimes.com/market-intelligence" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times iQ</a>, the highly anticipated new market report, <a href="http://shop.superyachttimes.com/report/superyacht-times-the-state-of-yachting-2019" rel="noopener noreferrer" target="_blank" title="">The State of Yachting 2019, is now available.</a>&nbsp; <img src="/uploads/store/photo/78696/image/large-0fff74cec45459fc860facea92e4975f.jpg" data-gid="gid://syiq/Photo/78696">As the most complete market report in the business, The State of Yachting 2019 includes all the latest market insights and an in-depth analysis of all aspects of the superyacht market. New in this year's report, readers are provided with information and statistics on the refit market, perspectives on the performance of yacht brokerage companies and accurate data on the used yacht market. <img src="/uploads/store/photo/30214/image/large-a8ee21972a91ea952f6fc2da893c5d58.jpg" data-gid="gid://syiq/Photo/30214">Here are 5 reasons why you should <a href="https://shop.superyachttimes.com/report/superyacht-times-the-state-of-yachting-2019" rel="noopener noreferrer" target="_blank" title="">buy The State of Yachting 2019</a>:<ol><li>Exclusive market insight and knowledge based on our own data collected by the experienced intelligence team at SuperYacht Times</li><li>The only report with statistics on superyacht ownership, the refit market, yacht pricing and number of days on the market</li><li>A unique information model and the most accurate data on the superyacht fleet and market that is used by the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association (SYBAss)</a>, 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> and many of the world’s top shipyards</li><li>Learn about our superyacht principles on how to track the market and fleet</li><li>A true market report with unique content, fully developed in-house featuring exclusive SuperYacht Times’ photos and no advertisements&nbsp;<img src="/uploads/store/photo/86974/image/large-d633ae7e1cb16ddcc21214daf587567b.jpg" data-gid="gid://syiq/Photo/86974"> </li></ol><a href="https://static1.squarespace.com/static/55fbd819e4b05d951e4bd384/t/5d271094fab6c2000177f55b/1562841238499/SuperYacht+Times+-+The+State+of+Yachting+2019+Sample.pdf" rel="noopener noreferrer" target="_blank" title="">Take a look at a preview of The State of Yachting 2019</a>, which includes the following topics:&nbsp;<ul><li>Global Superyacht Fleet. Detailed analysis of the fleet by size. </li><li>Construction Book. Analysis of the construction book based on the total numbers, construction stages, time under construction and more. </li><li>Market.&nbsp;All the information you need about the new-build and used yacht markets, including the number of yachts sold, a market snapshot of yachts for sale, price reductions, prices per gross-tonne (GT) and more. </li><li>Market Outlook.&nbsp;Expert views from our intelligence team on the future of the market. </li><li>Builders. A snapshot of the number of yacht builders worldwide. </li><li>Refit Market. Analysis of the refit market based on the first data we have collected over the past two years. </li><li>Ownership. In-depth analysis of where superyacht owners come from and how this has developed over the years. </li><li>Principles.&nbsp;As we see it, there are no data standards in the superyacht business and it is time to change that. For the first time, we share some of our superyacht principles on how to track the market. </li></ul><a href="http://shop.superyachttimes.com/report/superyacht-times-the-state-of-yachting-2019" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times - The State of Yachting 2019 is available to buy online now.</a> Questions? Contact <a href="mailto:info@superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">info@superyachttimes.com</a>

SuperYacht Times’ new market report - The State of Yachting - available now

Powered by SuperYacht Times iQ, the highly anticipated new market report, The State of Yachting 2019, is now available.  

