Marking the seventh collaboration since 2010 between the Italian shipyard Admiral and IYC, project Metamorphosis has been sold. Measuring 72 metres, she is expected to be one of the largest vessels to be built by Admiral. With her delivery date scheduled for 2024, the designer of the new-build project is to be revealed during 2021.
The buyer in this deal was represented by Michel Chryssicopoulos of IYC, who commented “Admiral has matured in terms of client focus and has drastically increased its quality of build, positioning them as one of the leading yards in the superyacht industry. I strongly believe that this project will take the shipyard to yet another level. This project will reinvent traditional yacht design, hence project Metamorphosis.”
“Our shipyard is constantly growing both in terms of production and value” added Giuseppe Taranto, Vice Chairman of The Italian Sea Group. “Project Metamorphosis represents not only one of the biggest challenges faced so far but also the consolidation of our relationship with IYC, a partner of great synergies. With this new agreement, we are strengthening our position in the segment of megayachts from 60 meters up to 90 meters to demonstrate our full commitment to each owner’s needs and requests. Client’s support and satisfaction, teamwork and high-end performance are our key elements towards the achievement of a win-win result for everyone involved”.