Qatari Diar Real Estate Investment Company, an international leader in sustainable development, announced today the purchase of the Port Tarraco Marina in North Eastern Spain through its subsidiary Qatari Diar Marina Tarragona (QDMT). <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/135904/image/large-d701cad38b0a1d46abf9edf164efeb80.jpg" data-gid="gid://syiq/Photo/135904">The high-end Port Tarraco Marina is located in Tarragona, Spain, approximately 95km south of Barcelona, and will be one of the few existing marinas of its kind in the western Mediterranean to offer deep water berthing for large, sophisticated super, mega and giga yachts. “We are thrilled to be investing in the western Mediterranean’s marina industry, one of the most mature in the world. With our international experience and the expertise of our world-class partners, MB92, we expect the Port Tarraco Marina to become one of the top year-round marina destinations for yachts in Europe and the Mediterranean,” said Eng. Mohammed bin Ali Al Hedfa, Group CEO of Qatari Diar. Located on Spain’s Costa Dorada, or “Golden Coast,” the marina offers visitors a chance to explore the rich local Catalonian culture, visit the area’s many beaches, or travel to nearby mountains for hiking or skiing. The marina is positioned in close proximity to a large capacity airfield and is centrally located for immediate access to all major cruising destinations in the Western Mediterranean. It is exclusively designed to provide large yachts with the best possible services and facilities, and boasts an array of leading amenities and excellent accessibility. QDMT is a joint venture between Qatari Diar and MB92, a Barcelona-based operator of marinas, with 95% representation by Qatari Diar and 5% by MB92. The purchase was made from vendor International Marina Tarragona S.L., a Spanish marina operator. Wholly owned by the Qatar Investment Authority, Qatari Diar Real Estate Investment Company was established in December 2005 to support Qatar’s growing economy and to co-ordinate the country’s real estate development priorities. Qatari Diar is currently involved in more than 35 projects in more than 20 countries around the world. Marina Barcelona 92 (MB92) Sonia Asensio +34 93 224 02 24 <a href="mailto:communication@mb92.com?subject=Port%20Tarraco%20Marina%20on%20SuperYachtTimes.com">communication@mb92.com</a> <a target="_blank" href="http://www.mb92.com">www.mb92.com</a> Mourjan Marinas IGY Katrin Müller +971 50 624 9655 <a href="mailto:kmueller@mourjanmarinas.com?subject=Port%20Tarraco%20Marina%20on%20SuperYachtTimes.com">kmueller@mourjanmarinas.com</a> <a target="_blank" href="http://www.mourjanmarinas.com">www.mourjanmarinas.com</a>

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Qatari Diar and MB92 announce acquisition of Port Tarraco Marina

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

China eases cross-border yacht owner travel rules

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

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

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

Persefoni yacht charter Greece

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

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

Arctic: Onboard with Captain Paul Crierie

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

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

Exploring Norway: Onboard 88m explorer yacht Arctic

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

travel-hero#1

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

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

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

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

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

Foreign yachts to sail freely between Abu Dhabi and Dubai

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

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

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

Dubai’s maritime economy and global yachting

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

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

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

Royale X high-speed Mangusta 165

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

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

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

treasure hunt panama

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

Searching for Maurepas: the lost treasure of King Louis XIV

Since taking the helm of <a data-gid="gid://syiq/Yacht/3834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="King Benji46.7m (153'3&quot;)Dunya Yachts2024">King Benji</a> in 2023, Captain Grant Du Preez has not only been navigating a standout yacht but carving out a bold new chapter in his career. With yachting experience that dates back to the age of 18, he has transitioned seamlessly from chief officer on larger yachts to running his own dynamic programmes – including time aboard Safari and a 45-metre villa yacht as relief captain. His early start and varied background have equipped him with the insight and confidence required to lead a high-performing crew on one of the charter market’s most distinctive offerings.<img src="https://photo-assets.superyachttimes.com/photo/361058/image/large-5ea7ff03bfa1eea6bc1a97b18c516401.jpg" data-gid="gid://syiq/Photo/361058">Catered for charterCaptain Grant is quick to highlight the unique elements that set <a data-gid="gid://syiq/Yacht/3834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="King Benji46.7m (153'3&quot;)Dunya Yachts2024">King Benji</a> apart. “There are seven different dining areas on board,” he notes, “so we often split guests into smaller groups for dinner, creating intimate and private experiences. It’s something they always remember.”<img src="https://photo-assets.superyachttimes.com/photo/304092/image/large-c2f79d3d123fba05a7018e39f751d9f5.jpg" data-gid="gid://syiq/Photo/304092">From the teppanyaki grill on the upper deck – a booking clincher for some clients – to themed evenings on the aft and swim platforms, the yacht is engineered for unforgettable moments. “We hosted a pizza night with underwater lights and fishing from the swim platform – the guests absolutely loved it.”The yacht’s amenities cater to all ages and interests, including scuba diving, spearfishing and four jet skis. One charter even included dives with tiger sharks. As Grant puts it, “It’s like having a floating adventure resort.”<img src="https://photo-assets.superyachttimes.com/photo/304085/image/large-74643bb234d4146757d8587b2c60d8fa.jpg" data-gid="gid://syiq/Photo/304085">Spaces with soulThe aft deck serves as one of <a data-gid="gid://syiq/Yacht/3834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="King Benji46.7m (153'3&quot;)Dunya Yachts2024">King Benji</a>’s most versatile areas. It transforms from a yoga studio – thanks to an on-board certified instructor – to a gym space or a movie lounge under the stars. “You can do almost anything there – from wellness to entertainment,” says Grant.Up top, the crow’s nest is a favourite. With its 360-degree views and 15.41-metre air draft, it’s a serene retreat perfect for morning coffees, reading, dolphin watching, or private dinners. “It’s incredibly private and elevated – literally and figuratively.”<img src="https://photo-assets.superyachttimes.com/photo/304082/image/large-81f5c17391362100fb3840bcb5bdef34.jpg" data-gid="gid://syiq/Photo/304082">Inside, the design 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 Mark Tucker spans three thematic decks: an aquatic-themed lower deck with vibrantly coloured staterooms; a beachy, Balinese main deck; and a jungle-inspired owner’s deck. “It’s bold – a bit of a Marmite situation – but it stands out from the crowd,” says the captain. That individuality, combined with the yacht’s deep blue hull, is a powerful draw for repeat charter guests.<img src="https://photo-assets.superyachttimes.com/photo/304093/image/large-9812ca802877b5030b372afeb3d0d4b2.jpg" data-gid="gid://syiq/Photo/304093">Running <a data-gid="gid://syiq/Yacht/3834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="King Benji46.7m (153'3&quot;)Dunya Yachts2024">King Benji</a> comes with its nuances. “She handles like a kite in strong winds,” Grant explains, referencing the yacht’s deep draft and high windage. Yet visibility from the wing stations makes a crucial difference. Another standout feature is the convertible plunge pool. “It’s not a jacuzzi – it’s an ice bath. But for contrast therapy, you’ve got both hot and cold options right here.”Chef Sean Connolly echoes the yacht’s interactive spirit from his prized galley. “I think the boat was built around this galley,” he laughs. With excellent lighting and an open-plan layout, guests frequently engage with culinary activities, especially during lively teppanyaki dinners.<img src="https://photo-assets.superyachttimes.com/photo/304103/image/large-d04ac3cf4161528052f5854e845c4324.jpg" data-gid="gid://syiq/Photo/304103">Beyond the wheelhouseGrant’s leadership philosophy is rooted in emotional intelligence. “You’re only as good as your team,” he says. “If someone’s down, I want to understand why. It’s not just logistics – it’s people management.”The current crew of nine punches well above its weight, thanks to a mix of specialist skills. “Our deckhand is also a videographer, our stewardess is a certified yoga instructor, and our bosun is a dive master. It’s like having a crew of 13.”<img src="https://photo-assets.superyachttimes.com/photo/304090/image/large-a12abd80398fc38cb617ec94ddf98793.jpg" data-gid="gid://syiq/Photo/304090">Med aheadWith 10,000 nautical miles already covered and 11 charter weeks booked this summer, <a data-gid="gid://syiq/Yacht/3834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="King Benji46.7m (153'3&quot;)Dunya Yachts2024">King Benji</a>’s schedule is packed. The team is heading to the Med at the end of April, with appearances at the Formula One Grand Prix, Monaco to Saint-Tropez charters, the Cannes Film Festival, and cruising the coastlines of Naples, Amalfi, Capri, Sardinia and the Aeolian Islands.<img src="https://photo-assets.superyachttimes.com/photo/304100/image/large-cb9cedcbe323aa9be32e0afcd25bbdf0.jpg" data-gid="gid://syiq/Photo/304100">Captain Grant sums up life aboard; “Hard work, fun and lucrative.” And for guests? “Memorable. Absolutely unforgettable.” <a data-gid="gid://syiq/Yacht/3834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="King Benji46.7m (153'3&quot;)Dunya Yachts2024">King Benji</a> is now available for charter with <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright</a>. This article was originally published in Yacht Charter Market newsletter, subscribe to receive it into your inbox <a href="https://yachtchartermarket.com/subscribe" rel="noopener noreferrer" target="_blank" title="">here</a>.

King Benji yacht captain interview

We sit down with Captain Grant De Preez of the 47m King Benji yacht.

“Absolutely unforgettable”: Life at the helm of King Benji with Captain Grant Du Preez

The fourth 53.25-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> YS53 yacht support <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> has been delivered to her owner, following her launch in March 2026 from the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Antalya, Turkey. <img src="https://photo-assets.superyachttimes.com/photo/397013/image/large-c33b6dbec1e5da99757b484375d47d5b.jpg" data-gid="gid://syiq/Photo/397013">Designed to operate either alongside a mothership or independently, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> has been crafted in-house by her builder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, which were responsible for her interior, exterior and naval architecture.&nbsp;Created around family experiences, shared moments on the water and operational purpose <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> will now serve as a purposeful extension of her owner's fleet, where she has been developed to provide additional space, support and flexibility.<img src="https://photo-assets.superyachttimes.com/photo/397012/image/large-e7a8adfa9276e3affbe8d0454cf3c3d4.jpg" data-gid="gid://syiq/Photo/397012">"From the outset, &nbsp;there was a clear vision for how the owner wanted to use YS53 <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> and the role she would play within the fleet," explained Rob Dolling, Owner’s Representative. "Together with Damen Yachting, we were able to translate those wishes into a vessel that is highly functional, personal and closely aligned with the owner’s programme."<a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> can comfortably accommodate up to eight guests, as well as 10 crew plus her captain. Her interior reflects the owner’s personal style, combining timeless elegance with Old English influences throughout. <img src="https://photo-assets.superyachttimes.com/photo/397011/image/large-c5c4c4fd9fd1617d2fa194c1f00b061d.jpg" data-gid="gid://syiq/Photo/397011"><a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> boasts the brand’s signature axe bow, while her reinforced deck supports touch-and-go helicopter operations. With a generous open main deck of more than 200 square-metres, this versatile space can be used for large tenders, toys and specialised equipment.This is complemented by a 15-tonne crane, enabling the handling of substantial tenders and heavy loads. With a volume just shy of 500 GT, she can accommodate up to eight guests, along with a crew of eight.<img src="https://photo-assets.superyachttimes.com/photo/397010/image/large-d904abeb9d80368dab56f223768c6958.jpg" data-gid="gid://syiq/Photo/397010">"As the fourth Yacht Support 53 delivered by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, she reflects the versatility of the Yacht Support range within modern superyacht ownership and has been created with a very clear purpose," concluded Jan van Hogerwou, Commercial Executive USA.Crafted with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which provide her with a cruising speed of 12 knots and a top speed of 19 knots. Once her sea trials are complete, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> will prepare for delivery to her owner. &nbsp;

Rafter: Fourth Damen Yachting YS53 yacht on sea trials

The fourth 53.25-metre Damen Yachting YS53 yacht support Rafter has been delivered following her launch in Antalya, Turkey in March 2026.

Fourth Damen Yachting YS53 yacht support Rafter delivered

<a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> has completed the refit of the 37-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Classic 120 yacht <a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a>, following a comprehensive programme of works spanning structural modifications, onboard systems, technical upgrades, exterior areas and interiors. <img src="https://photo-assets.superyachttimes.com/photo/396976/image/large-40153e77114e1432e88b74a33b05ac53.jpg" data-gid="gid://syiq/Photo/396976">Built in 2009 by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, <a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a> forms part of its Classic 37 series, featuring exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, interiors by <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Interior Design</a> and naval architecture developed in-house by her builder.The refit of <a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a> commenced in August 2025 shortly after the yacht was acquired by her new owner and was completed in approximately six months through the coordinated efforts of <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>'s project management team, specialised technicians, skilled craftsmen and interior designer Laura Rossi. According to <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>, the programme was undertaken with the aim of improving operational efficiency, enhancing the onboard experience and extending the yacht's service life.<img src="https://photo-assets.superyachttimes.com/photo/397008/image/large-c77ef9362600c70fc7acbd85faee16f2.jpg" data-gid="gid://syiq/Photo/397008">From the outset, the owner and project team sought to preserve the yacht's original layout and distinctive character while improving her functionality, comfort and the perception of space. On the main deck, the refit scope included the installation of new full-height windows in her main saloon alongside the reconfiguration of the staircase area between the main and upper decks.<img src="https://photo-assets.superyachttimes.com/photo/397007/image/large-91d720dd0c041da15a467ac85b61b3da.jpg" data-gid="gid://syiq/Photo/397007">Laura Rossi oversaw the interior redesign, introducing what <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> described as "greater fluidity, brightness and visual continuity." A new transparent balustrade around the staircase would allow natural light to flow between decks, while satin-finish glass panels replaced selected opaque surfaces in the corridors. New fabrics and materials were also integrated throughout the guest accommodations to enhance comfort, durability and ease of maintenance.<img src="https://photo-assets.superyachttimes.com/photo/397009/image/large-f3728f4818fd2bd0f7063bd374fc9a4e.png" data-gid="gid://syiq/Photo/397009">"<a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a> does not deny what she has been, nor does she try to become something else," commented Rossi. "The project was conceived to lighten, simplify and enhance the yacht's original identity, creating spaces that are brighter, more fluid and more natural to experience every day."<img src="https://photo-assets.superyachttimes.com/photo/397006/image/large-04998d04550196299f04c73e269ea5f1.jpg" data-gid="gid://syiq/Photo/397006">In addition to the living areas, <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> carried out a myriad of technical upgrades involving the main engines, generators and essential onboard systems. The entire lighting system was replaced with energy-efficient LEDs, while the bridge and onboard electronics were updated to make them easier to use and improve navigation safety. Exterior works included restoring the teak decks, reconfiguring the sundeck after removing the existing Jacuzzi and completely repainting the hull and superstructure.&nbsp;

Lusben completes refit of 37m Benetti yacht Kos

Lusben has completed an extensive refit of the 37m Benetti Classic yacht Kos.

37m Benetti yacht Kos completes extensive refit at Lusben

The 25.75-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> motor yacht <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> sold in a deal with David Legrand of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> introducing the buyer and Derk Jan Rolff of <a data-gid="gid://syiq/Company/5652" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holland Yacht Connection (Company)">Holland Yacht Connection</a> representing the buyer. <img src="https://photo-assets.superyachttimes.com/photo/346966/image/large-acba5ebb2d4596b138324b59ae61deb9.png" data-gid="gid://syiq/Photo/346966">Delivered in 2003 as part of the Moonen 84 series, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> features exterior design by <a data-gid="gid://syiq/Company/240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marimecs BV (Company)">Marimecs</a>, interior design penned in-house by <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> and naval architecture by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a>.Spanning 115 GT, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> can comfortably accommodate up to eight guests across a four stateroom configuration on the lower deck, with her full-beam master suite situated amidships, alongside a VIP at her bow and two twin staterooms.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, which provide her with a top speed of 12 knots and a cruising speed of 11 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> had a last known asking price of €2,200,000.&nbsp;(Image courtesy of Holland Yacht Connection.)

Moon River: 26m Moonen yacht sold

The 25.75-metre Moonen motor yacht Moon River sold with a last known asking price of €2,200,000.

26m Moonen motor yacht Moon River sold

As contemporary superyacht design continues to prioritise light, openness and seamless connections to the sea, glass has evolved from a purely functional element into a defining aesthetic feature and, with the use of significantly larger glass panels, has become an essential structural component. Expansive glazing now shapes not only the visual identity of a yacht but also its engineering framework, requiring a far more integrated and technically rigorous approach.For German specialist <a data-gid="gid://syiq/Company/3829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TILSE Glass (Company)">TILSE</a>, this shift represents both an opportunity and a responsibility – to ensure that increasingly ambitious designs are matched by uncompromising structural integrity, durability and precision.<img src="https://photo-assets.superyachttimes.com/photo/293944/image/large-ecdb75ea245212d313561b3fadf7f87c.jpg" data-gid="gid://syiq/Photo/293944">Integrating glass from the concept stageLarger glass surfaces have fundamentally changed how glazing is approached in yacht construction. No longer a late-stage addition, glass must be embedded into the superstructure concept from the earliest design phases, with engineers analysing how forces move through the pane, adhesive bond and surrounding structure.Unlike static architectural environments, yachts operate under continuous dynamic loads, with hull flex, vibration and thermal variation all influencing performance. Safety margins must therefore reflect real marine conditions, while thickness, laminate composition, bonding strategy, edge detailing and installation methodology all need to be considered from the outset.Early collaboration is essential. By working with designers and naval architects at the concept stage, <a data-gid="gid://syiq/Company/3829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TILSE Glass (Company)">TILSE</a> helps ensure that visual ambitions are achievable without compromising technical feasibility, long-term serviceability or structural integrity. This proactive approach allows glazing to do more than fit within a design – it helps shape the structural logic of the vessel, balancing elegance with engineering robustness.<img src="https://photo-assets.superyachttimes.com/photo/286853/image/large-74c88213b1c3eba82cf06fc659c13e71.jpg" data-gid="gid://syiq/Photo/286853">Bonding as a safety-critical interfaceOne of the most significant technical challenges is bonding glass – which is inherently brittle – to aluminium or steel structures that move, flex and expand differently under load and temperature change. The adhesive joint must do more than hold the panel in place: it must accommodate movement, transfer loads safely and maintain integrity under UV exposure, salt, humidity and vibration.“The real challenge is not only the glass pane itself, but the interface between glass and a structure that is constantly moving at sea.”As panel sizes increase, this interface becomes even more critical, since minor mismatches in movement, geometry or application can have amplified consequences. Bond thickness, surface preparation, laminate compatibility and UV protection must therefore be precisely controlled. In superyacht glazing, adhesive design is not a detail – it is part of the safety concept, and a well-engineered bond line underpins both structural integrity and long-term durability.Simulation and real-world performanceFinite Element analysis helps validate glass performance, particularly in complex or non-standard applications, by modelling the interaction between glass, adhesive and supporting structure under realistic marine loads. This allows engineers to identify stress points, optimise designs and support conditions, and mitigate deflection risks early in the project lifecycle.Unlike building façades, yacht structures are subject to continuous movement, making accurate modelling essential. Long-term factors such as moisture ingress, ageing and laminate degradation must also be assessed, as they can directly affect load-bearing capacity.As glass panels grow in size, tolerances become increasingly critical. Millimetre-level deviations in shaping or installation can influence load distribution and compromise both structural performance and visual alignment. Handling and installation of large panes have therefore become technical operations in their own right, requiring precise three-dimensional measurement and meticulous execution.<img src="https://photo-assets.superyachttimes.com/photo/333152/image/large-73662ca86854e3909e622abf8863c6a4.jpg" data-gid="gid://syiq/Photo/333152">Ensuring long-term laminate integrityLong-term durability begins with material selection. Because traditional PVB interlayers, which are widely used, can be vulnerable to humidity and temperature fluctuations, <a data-gid="gid://syiq/Company/3829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TILSE Glass (Company)">TILSE</a> uses a specially developed resin interlayer designed for enhanced moisture resistance at sea, thereby preventing delamination.Chemical toughening further improves optical clarity, reduces distortion and avoids the anisotropy often associated with thermally toughened glass. Strict quality control from raw material selection to lamination, sealing and final inspection ensures each pane meets superyacht standards.Consistency in bespoke productionFor bespoke glazing, consistency depends on rigorous process control across the entire project chain, from early consultation and three-dimensional measurement through to production and installation. <a data-gid="gid://syiq/Company/3829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TILSE Glass (Company)">TILSE</a>’s integrated approach reduces variability and ensures consistency across the entire project chain, even when each pane is uniquely specified.Combined with stringent inspection protocols and a commitment to rejecting substandard components, this enables the delivery of reliable, high-performance glazing systems.Engineering next-generation glazingLooking ahead, the trajectory of superyacht design points towards even larger, clearer and more seamlessly integrated glass surfaces. However, the next phase of innovation will be defined not by scale alone, but by the ability to balance ambition with practicality. Manufacturability, optical quality, structural safety, durability and ease of replacement will all play an increasingly important role in shaping future designs.As glass cements its position as a defining element of modern yacht design, its successful application depends on far more than aesthetics. Structural integration, bonding expertise, advanced simulation and uncompromising material quality must come together from the very beginning.In response, <a data-gid="gid://syiq/Company/3829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TILSE Glass (Company)">TILSE</a> continues to invest in expanded production capacity, advanced handling capabilities and earlier involvement in complex projects – helping today’s most ambitious glazing concepts to be realised safely, durably and with the clarity expected of the next generation of superyachts.

Tilse yacht glass in design

Larger glass surfaces have fundamentally changed how glazing is approached in yacht construction. 

Engineering transparency: The evolving role of glass in superyacht design

<img src="https://photo-assets.superyachttimes.com/photo/396837/image/large-d8ba973efacc6a431309d036f5b1a3df.jpg" data-gid="gid://syiq/Photo/396837">The 95-metre <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> superyacht <a data-gid="gid://syiq/Yacht/7237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O'Pari95.0m (311'8&quot;)Golden Yachts Ltd.2020">O’Pari&nbsp;</a>was recently seen anchored in Athens, Greece, ahead of Posidonia 2026. Several other superyachts, including the 60.98-metre <a data-gid="gid://syiq/Yacht/13282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O'Madeleine60.98m (200'1&quot;)Golden Yachts Ltd.2025">O'Madeleine</a>, were also spotted in the area during the international shipping exhibition, which took place from 1 to 5 June.Delivered in 2020, <a data-gid="gid://syiq/Yacht/7237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O'Pari95.0m (311'8&quot;)Golden Yachts Ltd.2020">O’Pari&nbsp;</a>remains the largest yacht built by the Greek shipyard to date. She forms part of a fleet of distinctive <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> projects, alongside notable vessels such as the 87.6-metre <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> and the 77.7-metre <a data-gid="gid://syiq/Yacht/11076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Malia77.7m (254'11&quot;)Golden Yachts Ltd.2023">Malia</a>, which was launched in 2023.Her exterior and interior design were penned by <a data-gid="gid://syiq/Company/76" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vafiadis (Company)">Studio Vafiadis</a>. Spanning 2,700 GT, <a data-gid="gid://syiq/Yacht/7237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O'Pari95.0m (311'8&quot;)Golden Yachts Ltd.2020">O’Pari</a> offers a range of standout amenities, including a touch-and-go helipad positioned on the forward upper deck, an expansive sundeck complete with a DJ booth, bar and Jacuzzi, and a dedicated wellness area featuring a massage room, Turkish hammam and Finnish sauna.Accommodation is provided for guests across a collection of marble- and mosaic-clad staterooms, comprising nine double cabins and four twin cabins.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, <a data-gid="gid://syiq/Yacht/7237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O'Pari95.0m (311'8&quot;)Golden Yachts Ltd.2020">O’Pari</a> cruises comfortably at 16 knots and can reach a top speed of 20 knots. She is currently en route to Split, Croatia, according to AIS Data.

Golden Yachts yacht O’Pari in Athens

The 95-metre Golden Yachts superyacht O’Pari was recently seen anchored in Athens, Greece.

95m Golden Yachts superyacht O’Pari in Athens

Onboard Numarine's 40MXP video

We stepped aboard Mitan, the latest Numarine 40MXP in Palm Beach.

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Video: Step aboard Numarine's new flagship, the 40MXP Mitan

<a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has announced the launch of the first 34.5-metre <a data-gid="gid://syiq/Yacht/14712" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 35/0134.5m (113'2&quot;)Custom Line2026">Custom Line Navetta 35</a> yacht from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona, Italy. <img src="https://photo-assets.superyachttimes.com/photo/396958/image/large-5e7320ad24519c237c36a53098354f77.jpg" data-gid="gid://syiq/Photo/396958">Launched as the first hull in the series, her sale was announced in February 2026 and was described as an evolution of the yard’s Navetta series, with a strong emphasis on natural light and onboard comfort.<img src="https://photo-assets.superyachttimes.com/photo/396965/image/large-f591300f74ebc39eedd4b608a54aafad.jpg" data-gid="gid://syiq/Photo/396965">Positioned alongside her larger sistership, the <a data-gid="gid://syiq/Yacht/14712" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 35/0134.5m (113'2&quot;)Custom Line2026">Navetta 35</a> yacht adopts the same core design language, defined by clean architectural forms. She features exterior design by <a data-gid="gid://syiq/Company/5547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Filippo Salvetti (Company)">Filippo Salvetti</a>, with interior design courtesy of <a data-gid="gid://syiq/Company/5082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antonio Citterio Patricia Viel (Company)">Antonio Citterio Patricia Viel ACPV Architects</a>.<img src="https://photo-assets.superyachttimes.com/photo/396962/image/large-617932259e73d86b11853e427c103d6c.jpg" data-gid="gid://syiq/Photo/396962">According to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, she features almost transparent naval architecture, which puts the sea at the centre of the onboard experience. The result is a fluid interconnection between her interior and exterior spaces, creating a sense of pleasure, elegance and comfort. <img src="https://photo-assets.superyachttimes.com/photo/396961/image/large-0a092e8dc97dc3153475abfe97a6c724.jpg" data-gid="gid://syiq/Photo/396961">The made-to-measure yacht boasts a beam of 7.7 metres, with her layout spanning over three decks. Defined by a contemporary exterior design and dynamic silhouette, she showcases clean lines and sculptural surfaces.<img src="https://photo-assets.superyachttimes.com/photo/396969/image/large-fe622ffb38debd908229c092316cd7b0.jpg" data-gid="gid://syiq/Photo/396969">Moving inside, her design language soft volumes, organic geometries and custom-made freestanding furniture designed by Antonio Citterio. <a data-gid="gid://syiq/Company/5082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antonio Citterio Patricia Viel (Company)">ACPV Architects</a> also developed a Light Mood based on the owner’s wishes, blending ivory, beige and caramel colourways that run throughout to create more depth, luminosity and lightness.<img src="https://photo-assets.superyachttimes.com/photo/396971/image/large-c650afb8a72cefaf8e5423baa63cb41f.jpg" data-gid="gid://syiq/Photo/396971">A plethora of materials have been used onboard including vibrant Pietra di Vicenza stone, pale wood floors and sand-coloured leather used for upholstery and detailing to create a warm and refined atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/396968/image/large-589c2327e3af86ff0ec7f9f12976d9a2.jpg" data-gid="gid://syiq/Photo/396968">The <a data-gid="gid://syiq/Yacht/14712" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 35/0134.5m (113'2&quot;)Custom Line2026">Custom Line Navetta 35</a> yacht can accommodate up to 10 guests across a five stateroom configuration, with her full-beam owner’s suite positioned forward on the main deck. This private suite includes separate his-and-hers bathrooms connected by a shared central shower.On the lower deck, four guest staterooms are accessed via a dedicated lobby, including one suite fitted with a Pullman berth to accommodate additional guests.<img src="https://photo-assets.superyachttimes.com/photo/396967/image/large-daf41f6c8e4667a26d0c94a5c2da5280.jpg" data-gid="gid://syiq/Photo/396967">A distinct feature in her exterior design is the notch in her gunwale, which aims to reduce the perceived mass of her superstructure, and allow for an increase of natural light to her interior spaces, creating an overall more streamlined profile and a further sense of openness.<img src="https://photo-assets.superyachttimes.com/photo/396959/image/large-11aefd747e74b0e1b138c75019a77552.jpg" data-gid="gid://syiq/Photo/396959">With over 300 square-metres of indoor and outdoor space, her flybridge deck stands out thanks to the removal of her staircases for a wider, more versatile deck arrangement. The deck includes a Jacuzzi and expansive lounging areas, while forward freestanding furniture and a sunset lounge area offer unobstructed panoramic views.<img src="https://photo-assets.superyachttimes.com/photo/396966/image/large-fd63e11f2451c5ecbd08c2c0bee0bfbb.jpg" data-gid="gid://syiq/Photo/396966">Her sundeck features an open-air sea view pool, while covered areas provide shade and protection, ensuring usability in a range of conditions. On the main deck aft, a lounge area provides direct access to the beach club.<img src="https://photo-assets.superyachttimes.com/photo/396970/image/large-51cbdc442951e7cf1dbc94e3b2a79f09.jpg" data-gid="gid://syiq/Photo/396970">In terms of performance, the standard <a data-gid="gid://syiq/Yacht/14712" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Navetta 35/0134.5m (113'2&quot;)Custom Line2026">Navetta 35</a> yacht is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> V12 1,400 horsepower engines, providing her with a top speed of 15 knots and a cruising speed of 12 knots. She can also reach a range of 1,750 nautical miles at an economic cruising speed of 10 knots. There is also an option to install twin Caterpillar C32 1,622 horsepower engines, which would propel the Navetta 35 yacht to a top speed of 16 knots.The second and third hulls are currently sold and already in-build, with a delivery date of 2027.

Custom Line Navetta 35: First yacht launched

Custom Line has announced the launch of the first 34.5-metre Custom Line Navetta 35 yacht from the Ferretti Group Superyacht Yard in Ancona, Italy. 

First Custom Line Navetta 35 yacht launched

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has announced that the KKCG owned shareholder Azúr a.s. has initiated legal proceedings challenging the appointment of the new board of directors at the company's shareholders' meeting on 14 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">According to a statement released by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> on 11 June, Azúr filed a writ of summons before the Court of Bologna on 9 June 2026 pursuant to Articles 2377 and 2378 of the Italian Civil Code.Azúr a.s. is a wholly owned part of KKCG’s global business, founded by Czech entrepreneur Karel Komárek. They bring together all of KKCG Maritime’s assets into a single entity and currently have a 23.23 percent stake in the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.&nbsp;Azúr is currently seeking nullity and/or annulment of resolutions concerning the appointment of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>'s new board of directors, the determination of the number of board members and the appointment of the company's board of statutory auditors.They have also requested interim relief from the court to suspend the effectiveness of those resolutions pending the outcome of the proceedings. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> have responded stating that they will take the necessary steps to defend its position.&nbsp;“<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, having taken note of the service of the writ of summons, will protect its rights and will seek appropriate legal advice to defend and will have the absolute correctness of its conduct ascertained before the competent Court.”<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed that its corporate bodies remain fully operational and continue to perform their respective duties and responsibilities. They also added that these legal proceedings have no impact on its business operations, customer relationships, commercial activities or strategic projects.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect, following the company’s Annual General Meeting held on 15 May 2026.Read more:&nbsp;<a data-gid="gid://syiq/Article/66099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions (2026-05-15 16:30:00 +0200)">Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">The appointment was confirmed by the Board of Directors, which also reconfirmed Tan Ning as Chairman of the Board and the departure of Alberto Galassi. On 15 May, KKCG Maritime submitted a request to the Italian government to assess whether <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> had breached "golden power" rules designed to shield strategic assets.The matter will now be considered by the Court of Bologna, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> stating that it will keep shareholders informed of any material developments in accordance with applicable laws and regulations.

KKCG Maritime challenges Ferretti Group board appointments in court

Ferretti has announced that the KKCG owned shareholder Azúr has initiated legal proceedings challenging the appointment of the new board of directors.

Ferretti shareholder KKCG Maritime challenges board appointments in court

<a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> has unveiled the first details of the 60-metre superyacht concept Apex. Designed in-house by the Dutch studio, the motor yacht has been conceived around a performance-oriented brief.<img src="https://photo-assets.superyachttimes.com/photo/396926/image/large-419221d207de5e8d99df4c3ee8096ce5.jpg" data-gid="gid://syiq/Photo/396926">Apex features naval architecture and exterior styling by <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>, which have opted for a lightweight aluminium hull and superstructure. She showcases a clean and highly geometric exterior design, with extensive glazing spanning her sleek silhouette.At the core of the design lies the <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> High Speed Cruising hull form, which has been engineered to deliver efficient performance across a wide operational profile. The advanced hull platform of Apex&nbsp;operates comfortably and efficiently from economical transoceanic passages to high-speed cruising.<img src="https://photo-assets.superyachttimes.com/photo/396927/image/large-c596a59bc5ef08f7d483435fc198b0fa.jpg" data-gid="gid://syiq/Photo/396927">With a beam of 10.7 metres, Apex can comfortably accommodate up to 12 guests, as well as a crew of 14 for a high level of service and comfort. Her interior design can also be fully tailored to suit the wishes of her owner.&nbsp;Apex displays balanced expansive deck volumes, with her aft deck maximised to create a social platform for guests onboard. The first renderings show a large alfresco lounge area at her bow, offering the perfect space for guests to entertain or relax.&nbsp;In terms of performance, Apex is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, providing her with a top speed of 28 knots, a cruising speed of 22 knots and a range of 4,500 nautical miles at 13 knots.&nbsp;

Apex: 60m Mulder Design yacht concept unveiled

Mulder Design has unveiled the first details of the 60-metre superyacht concept Apex. 

Mulder Design unveils 60m yacht concept Apex designed for performance 

This article is featured as a guest post by Michel L'Ortye, the second generation of&nbsp;<a data-gid="gid://syiq/Company/8888" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paul L'Ortye Yacht Insurance (Company)">Paul L'Ortye</a>&nbsp;Superyacht Insurance.In superyacht insurance, ''the difference is rarely found in what is covered, but in how it is worded''. At first glance, two insurance proposals may appear comparable. Similar limits, familiar terminology, and a competitive premium. Yet beneath the surface, the real differences emerge in structure, interpretation, and legal context.We asked ChatGPT to compare two superyacht insurance proposals. The outcome was structured, fast, and seemingly logical. But it also revealed a fundamental limitation: without true contextual understanding, critical differences remain unseen.This article highlights where that gap lies, and why specialist expertise remains essential.<img src="https://photo-assets.superyachttimes.com/photo/396822/image/large-d04de7387341e559ee1e637ffd910549.jpg" data-gid="gid://syiq/Photo/396822">1. Failure to understand layered policy structures and how clauses interact and override one anotherFor example, ChatGPT does not understand layered policy structures or how clauses interact and override one another.Policy wordings are built as layered legal frameworks, where clauses interact, override, or apply conditionally. AI tends to read them as isolated statements rather than as part of a structured system. Each insurer applies its own structure and hierarchy within the wording, often influenced by the applicable jurisdiction and its legal framework.For example, Policy A may state “worldwide navigation,” while Policy B specifies “worldwide excluding war zones.” ChatGPT may conclude that A offers broader coverage. In reality, Policy A may contain a separate war exclusion clause elsewhere in the wording that has the same, or even stricter, effect.2. Comparing apples with orangesOne operates on a Named Perils basis (only explicitly listed risks), the other on an All Risks basis (everything is covered unless excluded). The same term, but a completely different scope. ChatGPT sees “Hull &amp; Machinery” twice and concludes it is comparable, while the difference in coverage for a machinery breakdown or latent defect can amount to hundreds of thousands of euros.<img src="https://photo-assets.superyachttimes.com/photo/396820/image/large-aa15c287e8791d5230e10db1b947032c.jpg" data-gid="gid://syiq/Photo/396820">3. Deductibles and sub-limits are overlookedAI tends to focus on the main coverage and premium, while the real differences are often found in the sub-limits. These include maximum payouts per incident for tenders, crew medical limits per person, and differing deductibles for machinery damage versus navigational incidents. Such details are typically scattered throughout the policy and are easily missed.It also struggles to recognise requirements for minimum underlying covers, such as mandatory national healthcare or other primary insurance arrangements. These elements can be critical to the validity and effectiveness of the coverage, yet are rarely identified without expert review.4. What is NOT included remains invisibleChatGPT can only compare what is written. It cannot identify what is missing. No cyber clause? AI will not flag it, because there is nothing to read. A specialist, however, knows what should be there and recognises the gap immediately.It also lacks the ability to properly assess how coverage is structured. Policies may appear comparable, while in reality one is based on an all risks foundation and another on named perils, or where insurers apply their own wording with a tailored definition of “all risks.” These structural differences ultimately determine what is and is not covered, yet remain largely invisible without expert interpretation.<img src="https://photo-assets.superyachttimes.com/photo/396862/image/large-15929412d50cbaf94d80733c90eaecca.jpg" data-gid="gid://syiq/Photo/396862">5. ConfidentialityOwners upload commercially sensitive documents to a public AI. Vessel values, cruising areas, crew details, claims history, all of this is shared with external servers. For high-profile owners, this represents a serious privacy risk.6. “Cheaper = better” biasAI tends to conclude that the lower-priced option offers “comparable coverage.” In marine insurance, however, a lower premium is almost always a reflection of reduced coverage, higher deductibles, or an insurer with a weaker claims reputation. It also lacks the ability to properly weigh subtle but critical differences in policy wording, such as a depreciation clause on masts and rigging, or to recognise exclusions that carry the same practical meaning but are phrased differently, such as a market value clause applied to running and standing rigging, which in practice can largely have the same effect.<img src="https://photo-assets.superyachttimes.com/photo/396821/image/large-5911d8a80dbdc0631242e59608f5517a.jpg" data-gid="gid://syiq/Photo/396821">7. Jurisdiction and applicable lawThe governing law of a yacht policy determines how policy wording is interpreted at claim stage. The same wording can produce a very different outcome depending on the legal system behind it.This becomes particularly relevant in areas such as disclosure duties, warranties and gross negligence. Under some systems, sailing outside marked channels or ignoring a weather warning may already qualify as gross negligence, with a direct impact on the claim payment. Other systems apply a more proportional approach, or require a much higher degree of misconduct before cover can be reduced or declined.One policy may therefore respond very differently from another, despite similar wording and circumstances. These legal differences can have a major impact on the final claim outcome, yet in practice the governing law is often treated as little more than a footnote.Michel L'Ortye is the second generation of&nbsp;<a data-gid="gid://syiq/Company/8888" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Paul L'Ortye Yacht Insurance (Company)">Paul L'Ortye</a>&nbsp;Yacht Insurance, the family business&nbsp;that his father founded in 1978 and which focuses entirely on yacht insurance. Joining the company full-time over ten years ago, Michel has been working alongside his brother Didier, who leads the in-house claims operation. Michel's focus is on the high-end yacht and superyacht segment.

Guest author Michel L'Ortye compares an AI insurance proposal to a handwritten one. 

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