<a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a> has announced the acquisition of Nemo Industrie at <a data-gid="gid://syiq/Event/184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="METSTRADE - 2023">METSTRADE 2023</a>. Founded in 1969 in northern Italy, Nemo Industrie specialises in the production of nautical components.<img src="https://photo-assets.superyachttimes.com/photo/293990/image/large-b901c2e605b311b5a7b7379bafa5344c.jpg" data-gid="gid://syiq/Photo/293990">Over the years <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> has expanded, extending into the US in 2006, creating <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> USA Inc and in the UK in 2018. 2022 marked a significant milestone with the agreement with Fondo Italiano d'Investimento SGR and Armònia SGR to acquire a majority stake in <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Spa</a>, with the goal of increasing development opportunities with the launching of new 100 percent <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a>-made products.This year a programme is on track for implementation through a triple acquisition: obtaining 100 percent of Sanguineti Chiavari, a company in the Ligurian region which designs components for large pleasure boats; securing ownership of XENTA Systems which specialises in the development of control systems for yachts and acquiring Nemo Industrie, with expertise in producing components for motor and sailboats. An additional major acquisition is also expected in the spring of 2024.<img src="https://photo-assets.superyachttimes.com/photo/293991/image/large-d0952acdb8a620400ea6d01e7ada82cd.jpg" data-gid="gid://syiq/Photo/293991">2023 has also seen new additions to <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a> including Tommi Salonen, Chief Commercial Officer of Quick Group, Marco Rodi, Chief Operating Officer and Arco Santoro, Managing Director of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick</a> USA, coming from Ferretti Group.The most recent acquisition is that of Nemo Industrie headquartered in Forlì. The company manages every aspect of its product manufacturing, design, material selection, production, assembly and quality control."This is another important acquisition announced just a few weeks after that of Xenta, which confirms the Group's proactive and dynamic core and represents a further step on the strategic path of increased superyacht coverage and strengthening the Group's perceived image," commented Chiara Marzucco, CMO of <a data-gid="gid://syiq/Company/7094" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quick SpA (Company)">Quick Group</a>.

Quick Group announces acquisition of Nemo Industrie at METS

Quick Group production

original

small

medium

large

extra_large

Quick Spa Xenta at METSTRADE 2023

Quick Group announced the acquisition of Nemo Industrie at METSTRADE 2023.

Quick Group announces acquisition of Nemo Industrie at METSTRADE 2023

Norwegian yacht brokerage firm <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts AS</a> has announced that it will take over the operations of the <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent BV</a> yacht &amp; ship brokerage. The transition is set to take effect on 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396785/image/large-11656c5f35c638490d570c2a8263141e.jpg" data-gid="gid://syiq/Photo/396785">The move follows the decision of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> founder and Chief Executive Officer Marcel Borgmann to step back from the yachting industry after more than 35 years. Established in 2010, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> has grown into an internationally recognised brokerage network. The company provides sales, charter and advisory services to yacht owners and buyers through a network of brokers across multiple countries.Under the new arrangement, <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent's</a> activities will continue under the ownership and management of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, led by Managing Director Rune Riktor. The company stated that the transition is intended to ensure continuity for clients and partners while preserving the values and reputation established by <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> over the past 16 years.“Marcel has created something truly remarkable," said Rune. "<a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> earned its reputation through hard work, expertise, and an unwavering focus on clients. We are honoured by the trust Marcel has placed in us and are committed to carrying forward the values, relationships, and high standards that have defined <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for so many years.”Rune is no stranger to the brokerage house, having worked with <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a> for several years as both an agent and partner. According to <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>, this longstanding relationship will help maintain the level of service and international reach that clients have come to expect.“I am immensely proud of what we have achieved through <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>. It has been an incredible journey, made possible by our clients, partners, and colleagues around the world,” concluded Marcel. “I have every confidence that Rune and the team at <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a> will continue this journey with the same passion and dedication that have always been at the heart of <a data-gid="gid://syiq/Company/2574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Independent BV (Company)">Sea Independent</a>.”Photo courtesy of <a data-gid="gid://syiq/Company/7596" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skippern Yachts (Company)">Skippern Yachts</a>.

Skippern Yachts takes over Sea Independent brokerage

Norwegian yacht brokerage firm Skippern Yachts AS has announced that it will take over the operations of the Sea Independent BV.

Skippern Yachts acquires Sea Independent brokerage operations

<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a> (IMM) has announced the acquisition of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">Atlantic Refit Center</a> (ARC) in La Rochelle, France. The shipyard is dedicated to the refit and repair of superyachts up to 150 metres in length.<img src="https://photo-assets.superyachttimes.com/photo/395123/image/large-b4dd49b5ee58da2c0bddbdcd499e313b.png" data-gid="gid://syiq/Photo/395123">With 130 in-house employees, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> operates across key Caribbean hubs including Puerto Rico, St Maarten, Guadeloupe and Grenada. The acquisition marks the company’s expansion into Europe, combining <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> refit expertise with <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> established facility and infrastructure.“Returning to Europe is a defining step for <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>,” said <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> CEO Norina Edelman. “Marrying the strength of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> existing infrastructure with <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM's</a> spirit and values will create a unique client experience in terms of flexibility, quality and transparency. We are excited to operate a European shipyard that will allow us to give every client a bespoke experience.”<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> brings more than 20 years of experience, including projects such as the conversion of the 71.4-metre <a data-gid="gid://syiq/Yacht/4954" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enigma XK71.4m (234'3&quot;)Richards Shipbuilders1988">Enigma XK</a>. Its location in La Rochelle is considered highly strategic, offering direct 24/7 access via the only deep-sea port on the French Atlantic coast.The facility provides extensive infrastructure for large-scale refit and conversion projects, including an 11-metre draft capability and a fully secured ISPS-compliant area. It features two dry docks (176-metres and-107 metres), a 250-tonne travel lift, cranes of up to 150 tonnes, 300-metres of afloat repair quays, and 2,000-square-metres of hard-standing space.<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Founder and COO Fabrice Maitre has more than 40 years of experience in yacht refit and repair, with projects including <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a>, <a data-gid="gid://syiq/Yacht/442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skat70.7m (231'11&quot;)Lürssen Yachts2002">Skat</a>, and <a data-gid="gid://syiq/Yacht/208" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kogo71.71m (235'3&quot;)Alstom (Aker Yards)2006">Kogo</a>. In 2007, he oversaw the extensive refit of Tatoosh in La Rochelle. This project was regarded as a milestone for the town’s emergence within the superyacht refit industry, according to <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a>.<img src="https://photo-assets.superyachttimes.com/photo/395122/image/large-ae50f768748608ce23d4bd3776773ae6.png" data-gid="gid://syiq/Photo/395122">“In many ways, this expansion is a full-circle moment,” explained Fabrice Maitre. “France is where my career began, and the Tatoosh refit in La Rochelle was a significant step in both my career and superyacht refit generally. Establishing <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM’s</a> presence here, with such a capable facility, allows us to bring our experience, standards, and approach back to a market we know deeply.”<a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> positions itself as offering a boutique experience for every vessel. The company states that its team will oversee shipyard operations to ensure projects are delivered on schedule and to the highest standards of quality. Each client will benefit from robust planning, transparent workflows, and stringent quality control systems.“At <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a>, the entire shipyard is prepared and optimized for each client and refit project. Having a rich network of local contractors, as well as easy connectivity to Central Europe makes <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> particularly attractive, especially for yachts over 5,000 tonnes, for whom haul-out options on the market are very limited, especially in shipyards specializing in superyacht refit,” commented <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> Global Director Víctor Pérez<a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC’s</a> outgoing President and Co-Founder Stephane Marcelli will remain involved in the company’s operations. He concluded: “The integration of <a data-gid="gid://syiq/Company/1768" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantic Refit Center (Company)">ARC</a> into the <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">IMM</a> group brings exactly the kind of expertise and momentum the French Atlantic superyacht sector needs to further strengthen its position internationally."

International Marine Management acquires Atlantic Refit Center

 International Marine Management (IMM) has announced the acquisition of Atlantic Refit Center (ARC) in La Rochelle, France.

Lai Sun Development Company Limited is selling an initial 80 percent stake in leading superyacht services provider <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons International</a>, in a transaction valuing the business at €50 million.<img src="https://photo-assets.superyachttimes.com/photo/395214/image/large-c14a422e2246a71de936781ef03d2690.jpg" data-gid="gid://syiq/Photo/395214">The agreement, signed on 28 May 2026, sees the Hong Kong-listed group divest its majority interest for an initial consideration of €40 million, subject to customary post-completion adjustments. The valuation is based on approximately 12 times FY2025 EBITDA, with management EBITDA reported at around €4.1 million.<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons International</a>is a long-established player in the global superyacht industry, offering a full range of services including yacht and charter brokerage, yacht and charter management, new build and design supervision, insurance services, corporate support, and crew placement.The company's CEO Paolo Casani commented on this agreement: "<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> welcomes this investment as an important milestone in the company’s continued &nbsp;growth. The transaction reflects strong confidence in the brand, its global platform, and the expertise &nbsp;of its team. Working alongside our existing shareholders, Lai Sun Group, we look forward to this next &nbsp;chapter and to continuing to build on our strong foundations."The buyer, Wave Expandary Limited, will acquire the stake with a guarantee provided by Sea Expandary Limited. The seller retains the remaining interest in the business under a structured shareholders’ arrangement governing future ownership.Sea Expandary Limited is ultimately linked to a newly established yacht-focused industrial platform in China. The group is associated with an initiative led by JD.com founder Richard Liu Qiangdong. In February 2026, he announced the launch of an independent yacht brand under the “Sea Expandary” name, backed by an investment of approximately USD 700 million.Read: <a data-gid="gid://syiq/Article/65463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JD.com founder Richard Liu invests $700M to establish Sea Expandary yacht brand in China (2026-02-25 10:45:00 +0100)">JD.com founder Richard Liu invests $700M to establish Sea Expandary yacht brand in China</a>The venture is understood to span R&amp;D, manufacturing, sales, brokerage and after-sales services, with a focus on new-energy propulsion systems and broader yacht industry development in the Guangdong-Hong Kong-Macao Greater Bay Area."The company will continue to operate without disruption, maintaining full continuity across its &nbsp;leadership and suite of yachting services. Clients and partners can expect the same high standards of &nbsp;service and commitment that have long defined <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>," Paolo added.As part of the agreement, both parties have agreed put and call options over the remaining stake, exercisable from 31 December 2027. Each option is estimated at €9.135 million and is linked to the original transaction valuation.For the financial year ended 2025, <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> generated revenue of HK$270.7 million and recorded a net profit after tax of HK$13.1 million. Upon completion, Lai Sun expects to recognise a gain of approximately HK$91-92 million, and the business will be deconsolidated from the group’s accounts.&nbsp;Completion remains subject to customary conditions, including shareholder approvals and regulatory clearances, with a long stop date set at 30 September 2026. Lai Sun said the disposal is part of its strategy to streamline its portfolio, improve liquidity, and support working capital and debt repayment objectives."Looking ahead, this development supports the company’s long-term strategic direction, enabling &nbsp;further investment in its capabilities and strengthening its position as a leading global yachting &nbsp;business," concluded Paolo.

Wave Expandary Limited acquires Camper & Nicholsons

Lai Sun Development Company Limited is selling an initial 80 percent stake in Camper & Nicholsons International.


home-featured-hero#0

Camper & Nicholsons to be sold in €50M deal to Chinese billionaire-linked venture

Online marine marketplace <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales (Company)">Off The Hook Yachts</a> has completed the acquisition of marine, service and storage company, Apex Marine Group.<img src="https://photo-assets.superyachttimes.com/photo/393587/image/large-77d79f43d3f87b5a5a2311f82a62aa95.png" data-gid="gid://syiq/Photo/393587">The acquisition was <a data-gid="gid://syiq/Article/65451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts to acquire Apex Marine Group (2026-02-24 14:00:00 +0100)">first announced in February 2026</a>, with the deal valued at $5.5 million, with $1.83 million in cash, approximately 670,000 shares valued at $2.70 and a $1.83 million secured seller note at six percent due in three years.Located in South Florida, the Apex facilities include four prime storage and service locations, haul-out capability up to 150 metric tons and vessels up to 40 metres, and comprehensive in-house service teams for repair, refit and refurbishment.“The integration of these capabilities is already generating millions of dollars in annual cost savings by reducing third-party service dependencies, lowering transportation costs, accelerating turnaround times, and delivering higher-quality refurbishments,” said Brian John, CEO of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales (Company)">Off The Hook Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/386344/image/large-a0334d742061ce908dacbd406c529d7b.jpg" data-gid="gid://syiq/Photo/386344">“This centralised approach allows us to standardise refurbishment quality, reduce cycle times from acquisition to resale, and scale inventory without proportional overhead increases.”Founded in 2012, <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales (Company)">Off The Hook Yachts</a> is an online marine marketplace for pre-owned boats, with an integrated ecosystem that includes <a data-gid="gid://syiq/Company/8384" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Autograph Yacht Group (Company)">Autograph Yacht Group</a>, Azure Funding and proprietary lead-generation platforms.“This acquisition is fundamentally about operational dominance through infrastructure,” concluded Jason Ruegg, Founder of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales (Company)">Off The Hook Yachts</a>. “Facilities like these are unique in South Florida. Bringing service, storage and hauling in-house is a game changer for our efficiency, margins and ability to scale.”

Off the Hook Yachts completes Apex Marine Group acquisition

Off The Hook Yachts has completed the acquisition of marine, service and storage company, Apex Marine Group.

Off The Hook Yachts completes acquisition of Apex Marine Group

German defence group Rheinmetall has submitted a non-binding bid to acquire <a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">German Naval Yards Kiel (GNYK)</a>.<img src="https://photo-assets.superyachttimes.com/photo/119735/image/large-acfb0b7bab0c6365f9f60566481d2088.jpg" data-gid="gid://syiq/Photo/119735">The bid was disclosed as part of Rheinmetall’s first-quarter financial results on 7 May 2026, although it did not reveal the value of the offer. During the conference call, Rheinmetall CEO and Chairman of the Executive Board Armin Papperger, explained that the company had made a non-binding offer to acquire <a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">GNYK</a>.“We have now started a due diligence, and we expect over the next weeks that we will have a result about that so that we can give a binding offer also to enlarge our capacities in shipyards.”<a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">GNYK</a> is part of CMN Naval Group, the family-owned French shipbuilder active in both naval and yacht construction. In January 2026, German defence and shipbuilding group<a data-gid="gid://syiq/Company/1137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ThyssenKrupp Marine Systems (Company)">&nbsp;Thyssenkrupp Marine Systems (TKMS)</a> also submitted a non-binding bid to acquire GNYK.Read:&nbsp;<a data-gid="gid://syiq/Article/65176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TKMS submits non-binding bid for German Naval Yards (2026-01-16 15:00:00 +0100)">TKMS submits non-binding bid for German Naval Yards</a><img src="https://photo-assets.superyachttimes.com/photo/119742/image/large-8d47deb0b2710a78c1048265db2b1b5a.jpg" data-gid="gid://syiq/Photo/119742"><a data-gid="gid://syiq/Company/1137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ThyssenKrupp Marine Systems (Company)">TKMS</a> confirmed to SuperYacht Times that it was still in negotiations to acquire the company. In a statement to SYT, the company said: “<a data-gid="gid://syiq/Company/1137" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ThyssenKrupp Marine Systems (Company)">TKMS</a> has submitted a non-binding offer to <a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">German Naval Yards (GNYK)</a>. Discussions between our two companies are continuing with an open outcome.”<a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">GNYK</a> reportedly employs around 400 people directly and in October 2025, the contract for the construction of the 114.1-metre superyacht <a data-gid="gid://syiq/Article/64446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards signs contract to complete 114m in-build Project ELF superyacht (2025-10-08 13:30:00 +0200)">Project ELF</a> was signed, with the yard unveiling the 93-metre superyacht concept, <a data-gid="gid://syiq/Article/64988" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards unveils new 93m yacht concept Project KOA (2025-12-16 14:45:00 +0100)">Project KOA</a> in December 2025.Read: <a data-gid="gid://syiq/Article/64446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards signs contract to complete 114m in-build Project ELF superyacht (2025-10-08 13:30:00 +0200)">German Naval Yards signs contract to complete 114m in-build Project ELF superyacht</a><img src="https://photo-assets.superyachttimes.com/photo/374090/image/large-176e4c6ae9d16a2aefdd17a353aad349.jpg" data-gid="gid://syiq/Photo/374090">In March 2026, <a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">GNYK</a> also unveiled that they had signed for the hull and superstructure construction of a new <a data-gid="gid://syiq/Article/65656" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards to build hull of +100m Abeking & Rasmussen superyacht (2026-03-18 10:00:00 +0100)">+100-metre superyacht</a> built for <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. Very few details have been announced about the build, which has an estimated completion date of 2030.SuperYacht Times reached out to Rheinmetall and <a data-gid="gid://syiq/Company/8417" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Naval Yards (Company)">GNYK</a> for further details on the proposed acquisition, with both declining to comment. We will update this article as the story develops.

Rheinmetall submits non-binding bid for German Naval Yards

German defence group Rheinmetall has submitted a non-binding bid to acquire German Naval Yards Kiel (GNYK).

According to Reuters, US-based boating and yacht retailer <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> is reportedly preparing for a potential sale of the company. <img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">Three sources told Reuters that one potential buyer had raised its offer and one prominent private equity firm was conducting due diligence. Two of the sources also confirmed that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>’s board of directors agreed last month to move forward with a sale process, advancing discussions into a second round.The decision comes around six months after investment firm Donerail Group began urging the company to consider either a sale, or changes to its leadership structure. Donerail currently owns a five percent stake in <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> and according to two sources, the company has increased its initial offer, which originally valued the company at close to $1 billion.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/65294" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donerail makes $1 billion offer to acquire MarineMax (2026-02-03 12:30:00 +0100)">Donerail makes $1 billion offer to acquire MarineMax</a><img src="https://photo-assets.superyachttimes.com/photo/265730/image/large-3fda6f192a71e4f552e121164e407ea4.jpg" data-gid="gid://syiq/Photo/265730">Private equity firm Blackstone has also reportedly expressed interest in the business and is said to be conducting due diligence. Blackstone has existing investments in marinas and yacht-related infrastructure. Reuters previously reported that other parties, including Blue Compass, Island Capital Group and TPG, had also shown interest in a potential acquisition.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> is reportedly working with Wells Fargo on the sale process, while Donerail and its investment partners have retained Jefferies as advisers.Read:&nbsp;<a data-gid="gid://syiq/Article/65477" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax attracts further acquisition interest following $1B Donerail offer (2026-02-26 14:45:00 +0100)">MarineMax attracts further acquisition interest following $1B Donerail offer</a><img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-54496f786fc04228218fba51ab6acb9e.jpg" data-gid="gid://syiq/Photo/265731">The company’s share price has risen approximately 30 percent since the beginning of the year as investor pressure for a sale intensified. However, over the past five years, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> shares have declined by more than 50 percent.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, headquartered in Clearwater, operates 65 marinas and storage facilities alongside 70 dealerships across the United States. The company also has a presence in the superyacht sector, with a portfolio of yachts for sale listed through its brokerage operations.Neither <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> nor Donerail commented on the statements from Reuters, while Blackstone declined to comment. Reuters also noted that, despite progress in the process, there is no certainty that a transaction will ultimately be completed.

MarineMax explores potential sale as Donerail raises its bid

US-based boating and yacht retailer MarineMax is reportedly preparing for a potential sale of the company.

<a data-gid="gid://syiq/Company/6525" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Swisspath Yachting (Company)">Swisspath Yachting</a> and <a data-gid="gid://syiq/Company/6136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tag Yachting (Company)">TAG Yachting</a> have announced a merger to form Swisspath | TAG Yachting, a new fully integrated yacht services group offering charter, management and sales services.<img src="https://photo-assets.superyachttimes.com/photo/393091/image/large-e961e6e5065594495a29a652526c0e54.jpg" data-gid="gid://syiq/Photo/393091">The newly formed company will operate under the ownership of an independent Swiss multi-family office founded by Alessandro Lardi. The merger is intended to create a more streamlined approach to yacht ownership and client services, with a focus on discretion, long-term relationships and tailored support for ultra-high-net-worth individuals.“Owning a yacht is not a single transaction; it's an evolving journey,” explained Phill Gregory, Managing Partner at <a data-gid="gid://syiq/Company/6136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tag Yachting (Company)">TAG Yachting</a>. “What this merger allows us to do is support clients at every stage, from first charter through to ownership, management and eventual sale, without fragmentation or compromise.”Swisspath | TAG Yachting’s flagship base will be located at the renovated Club de Mar in Palma de Mallorca. The group will also maintain registered offices in London and Zurich, alongside operational teams in Singapore and Hong Kong.Combined, the businesses bring together around 50 years of industry experience across yacht management, charter and brokerage services. The group stated that its operations span the Mediterranean, Caribbean, Americas and Asia-Pacific regions, with a client base of approximately 200 ultra-high-net-worth individuals.<img src="https://photo-assets.superyachttimes.com/photo/393092/image/large-71d187489194227ea7b72711a39a3314.jpg" data-gid="gid://syiq/Photo/393092">“We spoke to a number of potential partners before finding <a data-gid="gid://syiq/Company/6136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tag Yachting (Company)">TAG</a>, and what became clear quickly is how rarely values truly align,” commented James Thomas-Green, Director of Yacht Management at <a data-gid="gid://syiq/Company/6525" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Swisspath Yachting (Company)">Swisspath Yachting</a>.“Discretion, long-term thinking, relationships before transactions, these are easy things to say and harder things to live by. With Phill and the <a data-gid="gid://syiq/Company/6136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tag Yachting (Company)">TAG</a> team, there was nothing to negotiate on the things that matter. That's rarer than it should be.”The merger also expands the company’s ability to provide what it describes as a “360 service”, allowing clients to move between charter, ownership, management and sales services within a single organisation.As part of its next phase of development, Swisspath | TAG Yachting has also appointed Vicky Gale as Head of Marketing. The company stated that her role will focus on strengthening the brand through data-driven marketing, digital development and storytelling initiatives ahead of the Mediterranean season and upcoming yacht shows.

Swisspath Yachting and TAG Yachting merge

Swisspath Yachting and TAG Yachting have announced a merger to form Swisspath | TAG Yachting.

Swisspath Yachting and TAG Yachting merge to form integrated yacht services group

<a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a> has announced the establishment of Next Yacht Spain, a new company aimed at expanding its regional presence and market development, in collaboration with <a data-gid="gid://syiq/Company/5304" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Smart Yachting (Company)">Smart Yachting</a>. <img src="https://photo-assets.superyachttimes.com/photo/383873/image/large-4f8741f8f69522c6a06998d43657bec1.jpg" data-gid="gid://syiq/Photo/383873">The initiative is part of the Group’s broader strategy and is aimed at building an international sales network that is aligned with the positioning of its brands. Founded in 2021, <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a> includes the brands <a data-gid="gid://syiq/Company/536" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maiora (Company)">Maiora</a> and <a data-gid="gid://syiq/Company/1205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AB Yachts (Company)">AB Yachts</a> and is part of the the strategic vision of GB Invest Holding AG.“The partnership will enable the Group to further strengthen its presence in one of the most important global hubs for yachts over 24 metres,” explained Giorgio Mattei, Deputy Chairman of <a data-gid="gid://syiq/Company/6468" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yacht Group (Company)">Next Yacht Group</a>. “The launch of Next Yacht Spain is a fundamental step in this direction and significantly strengthens our presence in such an important market.”<img src="https://photo-assets.superyachttimes.com/photo/383870/image/large-50b1b3ce0c7a54190e916bf124d95d97.jpg" data-gid="gid://syiq/Photo/383870">Founded in 2008, Smart Yachting offers a comprehensive range of services in Spain and the Balearic Islands, including yacht management services, new yacht sales and after-sales support. &nbsp;“We’re proud to represent AB Yachts and Maiora in Spain,” added Charlie Veale, CEO of <a data-gid="gid://syiq/Company/5304" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Smart Yachting (Company)">Smart Yachting</a>. “This partnership aligns perfectly with our vision, offering clients something truly distinctive, backed by a complete ownership experience. With our infrastructure and technical capabilities across Spain, we’re well placed to support owners at every stage.”<img src="https://photo-assets.superyachttimes.com/photo/392158/image/large-49b1fd905895500ed2afbbf274f0d4f4.png" data-gid="gid://syiq/Photo/392158">

Next Yacht Spain established

Next Yacht Group has announced the establishment of Next Yacht Spain, in collaboration with Smart Yachting.

Next Yacht Group establishes Next Yacht Spain in partnership with Smart Yachting

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche (CdM)</a> has announced that CLP2 has completed its transition to become the majority shareholder of the company, as FIL Bros exits as part of the planned acquisition.In October 2025, it was announced that the holding company of Giovanni Cagnoli (through Carisma) and the Loro Piana family had acquired a majority stake in the shipyard. Before CLP2’s acquisition, FIL Bros Family Office had acquired a 75 percent stake during a management buyout in 2022, led by the <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> yacht <a data-gid="gid://syiq/Yacht/10470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lt. Pete Maverick Mitchell44.33m (145'5&quot;)Cantiere delle Marche (CdM)2024">Lt. Pete Maverick Mitchell</a>'s owner Tom Schröder.Read: <a data-gid="gid://syiq/Article/64536" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CLP2 becomes new majority shareholder of Cantiere delle Marche (2025-10-17 09:00:00 +0200)">CLP2 becomes new majority shareholder of Cantiere delle Marche</a><img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-2fbfbe4b9d5054afb10be5d60abc74bb.jpg" data-gid="gid://syiq/Photo/247252">The final portion of shares from FIL Bros have now been acquired by CLP2, marking the full exit of FIL Bros and Tom Schröder from the share capital of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>. CLP2 now holds the majority stake, while Vasco Buonpensiere and Ennio Cecchini retain their minority shareholding positions alongside their executive roles.“<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> wishes to express its genuine appreciation to Tom Schröder and the entire FIL Bros team for their years of partnership,” explained <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>. “Their confidence in the yard, the freedom they extended to the management team, and their constant and constructive support were instrumental in allowing <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> to grow and consolidate its position as one of the world’s most respected builders of explorer and displacement yachts.”Exclusive interview: <a data-gid="gid://syiq/Article/59568" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exclusive interview: Tom Schröder on CdM and his new 44m superyacht Maverick (2024-01-24 14:00:00 +0100)">Tom Schröder on CdM and his new 44m superyacht Maverick</a><img src="https://photo-assets.superyachttimes.com/photo/337241/image/large-5b4bc88d00900d35a6d01d2c4b3f8991.jpg" data-gid="gid://syiq/Photo/337241">CLP2 has now confirmed its commitment to a four-year business plan currently underway. The transaction was advised by Poggi e Associati, led by Emanuele Gnugnoli, with contribution by Tommaso Sacchi, Marella Lavarone and Massimo Castiglioni.

CLP2 completes acquisition of CdM as FIL Bros exits

Cantiere delle Marche has announced that CLP2 has completed its transition to become the majority shareholder of the company, as FIL Bros exits.

CLP2 completes acquisition of Cantiere delle Marche as FIL Bros exits

Nautical interiors company <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> has been acquired by maritime entrepreneur and owner of <a data-gid="gid://syiq/Company/293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Shipyard (Company)">Mulder Shipyard</a>, Nick Mulder, from 17 April 2026. <img src="https://photo-assets.superyachttimes.com/photo/391744/image/large-7e7d7e36a4360266a0ef72e3d6d009b2.jpg" data-gid="gid://syiq/Photo/391744">Based in Zwaagdijk, the Netherlands, <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> specialises in the production of high-end seating, lounge and sleeping solutions for the nautical sector. All activities will continue under the <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> name, with the acquisition further strengthening the organisation.&nbsp;The day-to-day management of <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> will be handled by Matthijs Jonker, while Martin Mast will also remain with the organisation. <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> is known for its bespoke products including mattresses, cushions and lounge sofas which are produced for both the leisure boating and superyacht industries.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/58047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The overlooked element: Why mattresses are the key to comfort and satisfaction (2023-07-14 15:30:00 +0200)">The overlooked element: Why mattresses are the key to comfort and satisfaction</a><img src="https://photo-assets.superyachttimes.com/photo/277034/image/large-99db94546f1ab89887c7d6fdc2be739a.jpg" data-gid="gid://syiq/Photo/277034">The current owner, Marcel Botman will take a step back, with Mulder continuing operations of the company. <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> has been a trusted partner for various yacht shipyards over the years, including <a data-gid="gid://syiq/Company/293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Shipyard (Company)">Mulder Shipyard</a>.&nbsp;“It was essential for me that <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> would be in good hands,” explained Marcel Botman. “With Mulder, I have full confidence that the company, the team and our clients will be continued and further developed in the right way.”“<a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> is a strong and respected company within the nautical sector,” added Nick Mulder. “It is precisely the combination of craftsmanship, quality and the close-knit team that makes it special. The strength of <a data-gid="gid://syiq/Company/7072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neptune (Company)">Neptune</a> will be fully preserved, where we will provide targeted support in further growth and development.”

Nick Mulder acquires nautical interiors specialist Neptune

Nautical interiors company Neptune has been acquired by maritime entrepreneur and owner of Mulder Shipyard, Nick Mulder, from 17 April 2026.

Mulder Shipyard owner Nick Mulder acquires nautical interiors specialist Neptune

Onboard Numarine's 40MXP video

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

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. 

Can ChatGPT create your yacht insurance proposal?

Delivered in 2004 from Kaag, the Netherlands, the 86-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was once the largest <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yacht ever built. Recently photographed in St Tropez, SuperYacht Times takes a closer look at the steel superyacht that was built for speed. <img src="https://photo-assets.superyachttimes.com/photo/395950/image/large-78d864b2d934f5f50740eb7c6a29e533.jpg" data-gid="gid://syiq/Photo/395950">Commissioned for Russian business oligarch and politician Roman Abramovich, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was inspired by the 49.5-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a>. Launched in 1998, <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a> used aviation-industry specs, allowing her to reach an incredible 46 knots. <img src="https://photo-assets.superyachttimes.com/photo/395954/image/large-62905994bb01b749a975ff697414f3e9.jpg" data-gid="gid://syiq/Photo/395954">Much like the owner of <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a>, Abramovich was a keen diver and wanted to up the ante of <a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a>. Rather than creating a larger version, he sought to build a yacht that was capable of combining long-range cruising with exceptional top-end performance. However, Abramovich liked&nbsp;<a data-gid="gid://syiq/Yacht/684" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sussurro49.5m (162'5&quot;)Feadship1998">Sussurro</a> so much, he actually purchased the yacht several years later.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/395960/image/large-fefa85fc5dee7d132c3e58941b4d3ace.jpg" data-gid="gid://syiq/Photo/395960">Known for their high-speed yachts and crazily complex technical engineering requirements, the contract for the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 790 yacht was signed in 2000, with construction beginning shortly thereafter. <img src="https://photo-assets.superyachttimes.com/photo/395955/image/large-105bb1a107567d475aca711626d08538.jpg" data-gid="gid://syiq/Photo/395955">Unlike conventional displacement yachts of her size, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was equipped with a unique propulsion package, combining four <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 4000 M70 diesel engines of 12,444 horsepower, with a <a data-gid="gid://syiq/Company/1992" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="General Electric (Company)">General Electric</a> LM2500 gas turbine which produces 30,843 horsepower.<img src="https://photo-assets.superyachttimes.com/photo/395953/image/large-e99a5cd6bb7a94017b38d6379e2cf1eb.jpg" data-gid="gid://syiq/Photo/395953">Together, the system generates more than 43,000 horsepower, with her diesel engines powering twin propellers for efficient cruising, while her gas turbine is connected to a large waterjet integrated into the yacht's stern, providing her with an additional boost of power.<img src="https://photo-assets.superyachttimes.com/photo/395959/image/large-57fa364d6428aed146796b54eec710e1.jpg" data-gid="gid://syiq/Photo/395959">The result allows <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> to exceed 30 knots and under diesel power alone, the yacht can reportedly reach 25 knots and cruise comfortably at around 22 knots, a remarkable achievement for an 86-metre superyacht at the time of her launch.<img src="https://photo-assets.superyachttimes.com/photo/395951/image/large-63005575fa834528f357d86247188cf2.jpg" data-gid="gid://syiq/Photo/395951">Despite her impressive performance credentials, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was conceived first and foremost as a luxury superyacht, combining a sleek hull form with an unusually ambitious speed requirement for a vessel of her size. She features exterior design by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, with interior design penned by <a data-gid="gid://syiq/Company/2" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Terence Disdale Design (Company)">Terence Disdale Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/395961/image/large-7227a5562f136cbb3a394c2158974fa5.jpg" data-gid="gid://syiq/Photo/395961"><a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> boasts an Asian-inspired interior, which later went on to win several interior design awards. Rich woods are used through in tones of brown and beige, complemented by stone, glass and marble elements. <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> can comfortably accommodate up to 14 guests across a seven stateroom configuration, alongside a crew of 24. <img src="https://photo-assets.superyachttimes.com/photo/395958/image/large-49e6ee1d492528cc251472df2de109ba.jpg" data-gid="gid://syiq/Photo/395958">One of <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a>'s most distinctive features is her enormous opening in her stern, which houses the outlet nozzle for the yacht's waterjet propulsion system. As well as this, she is equipped with a helicopter hangar by <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> on her bow, with her horizontal sliding hatches completely hidden in terms of both style and technical skill.<img src="https://photo-assets.superyachttimes.com/photo/395952/image/large-1ddd66b1bacbe1579b97649f705483ad.jpg" data-gid="gid://syiq/Photo/395952">In 2009, <a data-gid="gid://syiq/Yacht/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea86.0m (282'2&quot;)Feadship2004">Ecstasea</a> was sold with <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> representing the seller, before she was sold to her current owner in June 2014, with <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> and <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> representing the seller.

Ecstasea: The Feadship yacht that was built for speed

SuperYacht Times takes a closer look at the 86m Feadship superyacht Ecstasea that was built for speed.

Ecstasea: The 86m Feadship superyacht that was built for speed

The 37.04-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht <a data-gid="gid://syiq/Yacht/6475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Willpower37.04m (121'6&quot;)Custom Line2018">Willpower</a> is currently for sale with Nathan Farrelly of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. According to AIS, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is currently moored at Mergellina, Italy.<img src="https://photo-assets.superyachttimes.com/photo/396809/image/large-2e2f72082cb9d6be974658c352b9ff39.png" data-gid="gid://syiq/Photo/396809">Delivered in 2018 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/6475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Willpower37.04m (121'6&quot;)Custom Line2018">Willpower</a> is the fifth hull of the acclaimed Navetta 37 series, and was previously named Singolare. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht IQ</a>, the vessel most recently underwent a refit in 2024.<img src="https://photo-assets.superyachttimes.com/photo/396799/image/large-cb91eb19376fc79fc128701033e6088b.jpg" data-gid="gid://syiq/Photo/396799"><img src="https://photo-assets.superyachttimes.com/photo/396797/image/large-edd16fb224fc895a7b0998f4fbfb1412.jpg" data-gid="gid://syiq/Photo/396797" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Constructed with a GRP hull and superstructure, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of eight metres and a draft of 2.27-metres. The <a data-gid="gid://syiq/Yacht/6475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Willpower37.04m (121'6&quot;)Custom Line2018">yacht Willpower&nbsp;for sale</a> features exterior design crafted by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with naval architecture developed in-house by her builder.<img src="https://photo-assets.superyachttimes.com/photo/396798/image/large-02249037d1c2a2989df8b1791e57b7a2.jpg" data-gid="gid://syiq/Photo/396798">Outside, <a data-gid="gid://syiq/Yacht/6475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Willpower37.04m (121'6&quot;)Custom Line2018">Willpower</a> is defined by clean lines and expansive glazing, complemented by outdoor living spaces designed for entertaining and relaxing while soaking in the sun. Highlights on deck include a sundeck complete with a Jacuzzi, sunpads, and plush lounge seating, alongside a dedicated beach club and dining areas to enjoy alfresco meals spread across her decks.<img src="https://photo-assets.superyachttimes.com/photo/396800/image/large-7ed77b76a8538356af449564b4e11aa0.jpg" data-gid="gid://syiq/Photo/396800">Stepping inside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=custom-line" rel="noopener noreferrer" target="_blank" title="">Custom Line yacht for sale</a> embraces a sophisticated yet welcoming interior characterised by dark timber finishes with soft neutral furnishings and subtle pops of colour. Her main saloon benefits from large windows that flood the space with natural light, while an open-plan layout encourages socialising between guests.<img src="https://photo-assets.superyachttimes.com/photo/396801/image/large-a4c2d5688c1105f6d0644b46b2660e84.jpg" data-gid="gid://syiq/Photo/396801"><img src="https://photo-assets.superyachttimes.com/photo/396802/image/large-75b4e4b99b7264611c2111f286a068ab.jpg" data-gid="gid://syiq/Photo/396802">With a beam of eight-metres and an internal volume of 289 GT, accommodation onboard the<a data-gid="gid://syiq/Yacht/6475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Willpower37.04m (121'6&quot;)Custom Line2018">&nbsp;yacht Willpower for sale</a> is arranged for up to 11 guests across five well-appointed staterooms, including a full-beam owner's suite on her main deck. Dedicated quarters are also provided for up to seven crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/396815/image/large-76ce398f780d881b0884aac15acb353d.jpg" data-gid="gid://syiq/Photo/396815">In terms of performance, the <a data-gid="gid://syiq/Yacht/6475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Willpower37.04m (121'6&quot;)Custom Line2018">yacht Willpower for sale</a> 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> engines, delivering a cruising speed of 12 knots and a top speed of 15.5 knots. Moreover, she can travel about 2,300 nautical miles at her cruising speed.&nbsp;

 37m Custom Line motor yacht Willpower for sale

 The 37.04-metre Custom Line motor yacht Willpower is currently for sale with Edmiston.

37m Custom Line motor yacht Willpower for sale

The 50.2-metre <a data-gid="gid://syiq/Company/615" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dearsan Gemi Insaat Sanayii A.S. (Company)">Dearsan</a> superyacht <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</a> has been launched from the <a data-gid="gid://syiq/Company/615" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dearsan Gemi Insaat Sanayii A.S. (Company)">Dearsan</a> shipyard in Tuzla, Istanbul. <img src="https://photo-assets.superyachttimes.com/photo/396859/image/large-66e26da04a7b7aeb2bcef3c2456e5bab.jpg" data-gid="gid://syiq/Photo/396859">Construction on <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</a> began in 2022, with interior and exterior design by <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/8047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MilimetriQ (Company)">MilimetriQ</a>. As one of <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>’s flagship projects, she collaborated with multiple shipyards, with project management by <a data-gid="gid://syiq/Company/8085" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MORE Marine (Company)">More Marine</a>.<img src="https://photo-assets.superyachttimes.com/photo/345749/image/large-f493bef8678282c7ba3acb9e015ee416.jpg" data-gid="gid://syiq/Photo/345749">Spanning 488 GT, boasts a warm and inviting interior design, with light tones and natural materials. Every detail has been thoughtfully designed to cater to the owner’s vision, blending contemporary aesthetics with comfort.<img src="https://photo-assets.superyachttimes.com/photo/345748/image/large-62d292dbc41853588cfb4bb25e099a9f.jpg" data-gid="gid://syiq/Photo/345748">Key features onboard <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</a> include an aft lounge, along with an expansive bow lounge located on the main deck, both of which lend themselves to outdoor relaxation or socialising. She is also equipped with a Jacuzzi, sunbeds, lounge sofas, a bar and an alfresco dining area.<img src="https://photo-assets.superyachttimes.com/photo/396858/image/large-09e90c9bfcadd193dbfec4a24b5dbcab.jpg" data-gid="gid://syiq/Photo/396858">Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/13601" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Queen Yaz50.2m (164'8&quot;)Dearsan Gemi Insaat Sanayii A.S.2026">Queen Yaz</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.&nbsp;

Queen Yaz: 50m Dearson yacht launched

The 50.2-metre Dearsan superyacht Queen Yaz has been launched from the Dearson shipyard in Tuzla, Istanbul. 

50m Dearsan superyacht Queen Yaz launched

The 24.38-metre <a data-gid="gid://syiq/Company/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burger Boat Company (Company)">Burger Boat Company</a> motor yacht <a data-gid="gid://syiq/Yacht/4654" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Summer Song24.38m (79'12&quot;)Burger Boat Company1974">Summer Song</a> has been sold. Dan Wood of <a data-gid="gid://syiq/Company/4755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Crow's Nest Yachts (Company)">Crow's Nest Yachts</a> introduced the buyer, while <a data-gid="gid://syiq/Company/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burger Boat Company (Company)">Burger Boat Company</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/201050/image/large-b33744a281cd0a44ca553674c1cecec5.png" data-gid="gid://syiq/Photo/201050">Delivered in 1974, the yacht was previously named Nobility and was designed inside and out by her builder. Moreover, <a data-gid="gid://syiq/Yacht/4654" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Summer Song24.38m (79'12&quot;)Burger Boat Company1974">Summer Song</a> benefitted from a refit in 2025 in <a data-gid="gid://syiq/Company/13" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bradford Marine, Inc. (Company)">Bradford Marine’s</a> facility in Fort Lauderdale, Florida.She can accommodate guests in her full-beam owner’s suite with queen berth, vanity, bureau and hanging locker. Meanwhile, her guests can sleep in two VIP suites, complete with twin berths and ensuite heads with enclosed showers.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/4654" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Summer Song24.38m (79'12&quot;)Burger Boat Company1974">Summer Song</a> is powered by twin <a data-gid="gid://syiq/Company/1474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="General Motors (Company)">General Motors</a> engines, giving her a cruising speed of 12 knots and a top speed of 14 knots.Photo courtesy of <a data-gid="gid://syiq/Company/145" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burger Boat Company (Company)">Burger Boat Company</a>.

burger yacht summer song sold

The 24.38-metre Burger Boat Company motor yacht Summer Song has been sold.

24m Burger motor yacht Summer Song sold

German shipyard <a data-gid="gid://syiq/Company/5563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YYachts (Company)">YYachts</a> has announced the appointment of Gregor Bredenbeck, who will take responsibility for sales and international expansion. He will oversee the worldwide sales operations of the shipyard, effective 1 June.<img src="https://photo-assets.superyachttimes.com/photo/396854/image/large-ef1cbdd6f2dcc9b8b9f7744e6ee5c394.jpg" data-gid="gid://syiq/Photo/396854">His role will also focus on advancing the international growth of the <a data-gid="gid://syiq/Company/5563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YYachts (Company)">YYachts</a> brand, while further developing its brokerage and charter divisions.Gregor commented on his appointment: “I felt it was time for a new challenge in my professional career, and I did not have to think twice when <a data-gid="gid://syiq/Company/5563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YYachts (Company)">YYachts</a> approached me. I have worked with several of my new colleagues in the past, and over recent years <a data-gid="gid://syiq/Company/5563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YYachts (Company)">YYachts</a> has built a truly exceptional team.”He brings decades of experience to the role, beginning in 1990 when he started building racing yachts. Gregor then moved into the sales of premium yachts, spending many years working with discerning international clients.<a data-gid="gid://syiq/Company/5563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YYachts (Company)">YYachts</a> founder Michael Schmidt concluded: “Gregor and I have successfully completed numerous projects together over the years. I have always admired the professionalism he demonstrated in every role he held. With Gregor onboard, we are entering a new chapter in the development of our global sales activities.”

Gregor Bredenbeck joins YYachts sales

German shipyard YYachts has announced the appointment of Gregor Bredenbeck.

YYachts appoints Gregor Bredenbeck in worldwide sales operations role

Italy

Quick Group

Quick Group Gallery

Quick - company profile 2025

Netherlands

The Metstrade Show 2023 is the world’s largest trade exhibition of marine equipment, materials and systems. The event’s target audience includes yacht builders, naval architects, distributors, dealers, marina owners, captains, refit yards and marine equipment manufacturers from all over the globe.

Mergers & Acquisitions

Quick Group announces acquisition of Nemo Industrie at METSTRADE 2023