As just announced, the marina operator Safe Harbor Marinas has acquired the <a data-gid="gid://syiq/Company/5893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich West Palm Beach (Company)">Rybovich Superyacht Marina</a> in West Palm Beach. <a data-gid="gid://syiq/Company/5893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich West Palm Beach (Company)">Rybovich</a> owner and CEO, Wayne Huizenga Jr., said that the acquisition agreement has been designed to increase market share and future growth for the newly-combined company, which includes <a data-gid="gid://syiq/Company/5893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich West Palm Beach (Company)">Rybovich</a>'s recently expanded service facility in Riviera Beach. <img src="https://photo-assets.superyachttimes.com/photo/183899/image/large-cc4b964472653462468432344fae5f73.jpg" data-gid="gid://syiq/Photo/183899">Wayne Huizenga Jr. has confirmed he has taken a "significant stake" in Safe Harbor through an affiliate and retains development and some operation rights. "The vision we brought to Palm Beach County back in 2004 was to create the premier US destination servicing the superyacht industry. That vision has just been super-charged by Safe Harbor Marinas," he said."We share with Safe Harbor a fundamental commitment to excellence in service and hospitality. We believe this transaction will allow us to deliver on that commitment at more and more locations over time," adds Huizenga. <img src="https://photo-assets.superyachttimes.com/photo/183898/image/large-394be2b652207c6051b5b5bf2a9cb39d.jpg" data-gid="gid://syiq/Photo/183898">Baxter Underwood, CEO of Safe Harbor Marinas, anticipates superyacht operations will continue to be overseen by the current Rybovich team. "Our plan is to serve Rybovich with excellence so they, in turn, can do what they do so well at more locations throughout the country and perhaps the world," said Underwood. &nbsp;Safe Harbor has more than 100 marinas in 22 states throughout the United States and now benefits from over 250 full-time additional <a data-gid="gid://syiq/Company/5893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich West Palm Beach (Company)">Rybovich</a> employees, and the marina's international reputation.

Safe Harbor Marinas acquires Rybovich Marina

Rybovich Superyacht Marina in West Palm Beach

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As just announced, the marina operator Safe Harbor Marinas has acquired the Rybovich Marina for superyachts in West Palm Beach. 

Safe Harbor Marinas acquires Rybovich Superyacht Marina

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> has completed the refinancing of its $1.49 billion senior secured credit facilities.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">The company has replaced its existing loans with a new financing package designed to lower borrowing costs, increase financial flexibility and extend the repayment deadline to June 2031.The refinancing includes a $950 million inventory financing facility, a $302.5 million term loan, a $150 million revolving credit facility, which replaces a $100 million facility and an $85 million delayed draw mortgage facility, of which $35 million is currently outstanding and replaces the previous $100 million facility.“This refinancing strengthens our financial position by lowering our borrowing costs, extending our maturity and providing additional liquidity to support the continued execution of our long-term strategy,” explained Michael H. McLamb, Executive Vice President, Chief Financial Officer and Secretary of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>.The financings were led by M&amp;T Bank as Administrative Agent and Joint Lead Arranger, along with Wells Fargo Commercial Distribution Finance as Joint Lead Arranger and Floor Plan Agent.“Successfully completing this transaction on improved terms in today’s marine industry environment underscores the strength of our lender relationships and reflects the confidence they have in our operating performance, disciplined capital allocation, healthy balance sheet and management team,” concluded McLamb.&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">In May 2026</a>, Reuters reported that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> was preparing for a potential sale of the company. One potential buyer had raised its offer and one prominent private equity firm was conducting due diligence, with the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> board of directors agreeing to move forward with a sale process.Read more:&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">MarineMax explores potential sale as Donerail raises its bid</a>Headquartered in Clearwater, Florida, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates 65 marinas and storage locations, alongside 70 dealerships, offering yachts for sale, as well as marine services through its acquisition of <a data-gid="gid://syiq/Company/2184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Island Global Yachting (Company)">Island Global Yachting (IGY)</a> in 2022, as well as <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.&nbsp;

MarineMax refinances $1.49 billion credit facilities

MarineMax has completed the refinancing of its $1.49 billion senior secured credit facilities.

MarineMax refinances $1.49 billion credit facilities, extending debt maturity to 2031

Spanish refit and repair specialist <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a> has announced the appointment of Enrique Tintore as its new Commercial Director.<img src="https://photo-assets.superyachttimes.com/photo/397920/image/large-eafb40a43f57108f116704f5b6a5a5fb.jpg" data-gid="gid://syiq/Photo/397920">Tintore joins the Palma-based shipyard with a background in Marine Engineering and Naval Architecture, bringing extensive technical expertise and experience within the international superyacht sector.Prior to joining <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>, Tintore spent nearly a decade at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, where he was involved in the development and delivery of several innovative projects across the company's yacht portfolio, including the first Xplorer 60 yacht <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> and her YS53 yacht support <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a>.&nbsp;Read more: <a data-gid="gid://syiq/Article/64071" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting completes double delivery with Xplorer 60 After You and YS53 Emotional (2025-08-21 11:30:00 +0200)">Damen Yachting completes double delivery with Xplorer 60 After You and YS53 Emotional</a><img src="https://photo-assets.superyachttimes.com/photo/333944/image/large-076b8d514006d5235b5d3cf442ea37e6.jpg" data-gid="gid://syiq/Photo/333944">In his new role, Tintore will support <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a>'s commercial activities and strategic development as the shipyard continues to expand its position within the global superyacht refit and maintenance market.Founded in 1942, <a data-gid="gid://syiq/Company/211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astilleros de Mallorca S.A. (Company)">Astilleros de Mallorca</a> is one of the Mediterranean's leading refit facilities, providing maintenance, repair and conversion services for superyachts and commercial vessels from its facilities in Palma de Mallorca.

Enrique Tintore appointed as Commercial Director at Astilleros de Mallorca

Astilleros de Mallorca has announced the appointment of Enrique Tintore as its new Commercial Director.

Astilleros de Mallorca appoints Enrique Tintore as Commercial Director

<a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group’s</a> 28-metre foiling yacht, <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>, will be built at the company’s new Abu Dhabi headquarters and manufacturing facility. The expansion has been announced alongside a $20 million investment in advanced production technology.<img src="https://photo-assets.superyachttimes.com/photo/378710/image/large-1fe37a7ffb6584ffd857ab156ba7776b.jpg" data-gid="gid://syiq/Photo/378710">The UAE-based manufacturer said the waterfront site will strengthen its ability to test and manufacture next-generation products, including <a data-gid="gid://syiq/YachtModel/17195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler Ghost28.0m (91'10&quot;)">Ghost</a>. She was unveiled at the Abu Dhabi International Boat Show last year and is scheduled for launch in 2029.Read: <a data-gid="gid://syiq/Article/64805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Foiler unveils 28m foiling yacht concept Ghost (2025-11-20 14:30:00 +0100)">Foiler unveils 28m foiling yacht concept Ghost</a>Located along 200 metres of waterfront, the new complex will be equipped with high-precision robots, gantry systems, micron-accuracy machines, and metal 3D-printing technology, supporting <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata's</a> expansion into advanced marine, aerospace, and industrial manufacturing.<img src="https://photo-assets.superyachttimes.com/photo/378707/image/large-265679a4fb63b863fa0c56522f57ed7a.jpg" data-gid="gid://syiq/Photo/378707">The move follows the company’s strategic partnership with Ajyal Holding. <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata Group</a> CEO Aloïs Vieujot commented on the expansion: "We are very proud to be moving our headquarters to Abu Dhabi. This move will expand our capabilities and capacity, and reinforces our commitment to the UAE. It also reflects the resilience of the Emirates, demonstrated time and again.”One of the key features of the 100,000-square-metre complex will be dry dock and refit capabilities for yachts of up to 60-metres, alongside facilities for other vessel types. More than 20,000-square-metres will be dedicated to marine production.<img src="https://photo-assets.superyachttimes.com/photo/378709/image/large-fdd71e2c0e5a46f9e357291dae6c5c09.jpg" data-gid="gid://syiq/Photo/378709">Moreover, the site will also house <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> engineering and R&amp;D facilities, as well as dedicated areas for composite manufacturing, machinery, aerospace production, automotive production, and a guest experience centre. An academy and dedicated incubator space also aims to support the UAE's industrial growth and innovation across <a data-gid="gid://syiq/Company/5737" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Enata Marine (Company)">Enata’s</a> core sectors.<img src="https://photo-assets.superyachttimes.com/photo/378706/image/large-900c80410be97019a0d30f4cc2d14b86.jpg" data-gid="gid://syiq/Photo/378706">“We will place strong emphasis on innovation and partnerships through our incubator and academy, which will open within the new site to accelerate growth in the aerospace and marine industries," Aloïs concluded.Construction of the complex is scheduled to begin in summer 2026, with completion expected in 2027.

Enata new Abu Dhabi complex

Enata Group's 28-metre foiling yacht, Ghost, will be built at the company's new Abu Dhabi headquarters and manufacturing facility.


28m foiling yacht Ghost to be built in Enata’s new Abu Dhabi facility

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. <img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">Last month, Czech investor KKCG Maritime submitted a request to the Italian government following Chinese shareholder Weichai Group’s decision to end CEO Alberto Galassi's 12-year tenure and replace him with Stassi Anastassov during the company’s Annual General Meeting held on 15 May 2026.Read more: <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/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">KKCG ⁠wants the government to check whether multiple Chinese investors have acquired shareholdings in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> under a concerted action. “The problem is not a fact-based problem,” explained Stassi Anastassov during a press briefing in Milan.“Nothing has really changed. I am as independent as the previous CEO was. I am totally happy if there is an investigation because there is nothing and we would support any fact-finding.”The Board of Directors appointed Anastassov, alongside Tan Ning as Chairman of the Board, Patrick Sun, Federica Marchionni, Zhu Yi and Donatella Sciuto as independent directors, while Katarína Kohlmayer as minority shareholder representing Azùr a.s.In January 2026, KKCG Maritime had launched a voluntary partial tender offer to buy more shares in <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, equivalent to around 15.4 percent of the yacht builder’s total share capital. This was not supported by the Chinese controlling shareholder of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Weichai, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirming its rejection of the offer shortly after.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/65187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30% (2026-01-19 22:15:00 +0100)">KKCG Maritime seeks to increase stake in Ferretti S.p.A to almost 30%</a><img src="https://photo-assets.superyachttimes.com/photo/393733/image/large-72490791b6a9b045e5ad8ef1e9aa81ea.jpg" data-gid="gid://syiq/Photo/393733">According to the Italian Consolidated Financial Act and the Hong Kong Code on Takeovers and Mergers, KKCG had to stay below the 30 percent threshold that would automatically require it to make a full takeover bid under these Italian and Hong Kong regulations.Italy’s “golden power” rules give Rome the right to veto or impose conditions on corporate deals involving companies considered strategic to national security. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> controls seven yacht brands, including <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a>, <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, Itama, <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>, <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and also operates a small security division producing patrol vessels, which the company has previously described as non-core and sought to sell.Anastassov said the company has decided to shut down its small defence business in ⁠2024 on the basis of a unanimous decision of the previous board. “We are not actively selling anything sensitive today and there is no order intake.”

Ferretti Group denies breaching Italy’s golden power rules

Ferretti Group has rejected allegations that the company has breached "golden power" rules designed to shield strategic assets. 

Ferretti Group denies allegations of breaching Italy’s golden power rules

The United States District Court for the Southern District of Florida has dismissed the entire complaint brought by Export Yacht Sales (Brill Maritime), which alleged that Boats Group illegally monopolised the US online boat-listing market through YachtWorld, Boat Trader and boats.com.<img src="https://photo-assets.superyachttimes.com/photo/355047/image/large-0bd8f332392990f5a08cac6ea37b81d1.jpg" data-gid="gid://syiq/Photo/355047">The lawsuit was filed on 14 August 2025, with Brill Maritime alleging that Boats Group controlled approximately 75 percent of the market for listing and marketing recreational boats and used subscription agreements that either bar or discourage brokers and dealers from listing vessels on rival platforms.Read more: <a data-gid="gid://syiq/Article/64073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="US boat dealers bring antitrust class action against Boats Group (2025-08-21 13:00:00 +0200)">US boat dealers bring antitrust class action against Boats Group</a><img src="https://photo-assets.superyachttimes.com/photo/355053/image/large-d4b378b0bbe9bf56a1926a2d570b4fd5.jpg" data-gid="gid://syiq/Photo/355053">According to Brill Maritime, competing platforms had been unable to achieve the scale or inventory to grow their services effectively, leaving brokers and dealers with limited options.The court found that Brill Maritime had plausibly alleged that the relevant market could be defined as an online boat listing and marketing service in the United States and that Boat Group may possess monopoly power in that market.&nbsp;Brill Maritime also alleged that Boat’s Group claimed 75 percent of the global share, reasonably supporting an inference that it has a dominant position in the US market. As a result of this, the judge did not dismiss the case because Boats Group lacks market power.However, the judge said that Brill Maritime had failed to show that Boats Group engaged in illegal anticompetitive conduct and under US antitrust law, being a monopoly is not illegal by itself.The court repeatedly emphasised that monopoly power is legal, but using that power through anticompetitive behaviour to exclude rivals is illegal.&nbsp;The judge found that Brill Maritime’s three main allegations were insufficient including that Boats Group became dominant by acquiring competitors such as YachtWorld.com, boats.com and YachtCloser.com.The judge said that acquiring competitors is not necessarily illegal and that Brill Maritime had not explained how these acquisitions had harmed competition. The complaint had described the acquisitions as “strategic” suggesting it was more of a successful business move than illegal conduct. The judge explained that Brill Maritime had shown that Boats Group bought competitors, but not that these acquisitions were unlawful. <img src="https://photo-assets.superyachttimes.com/photo/355039/image/large-513a0ee840e10e5371f647093bba58d9.jpg" data-gid="gid://syiq/Photo/355039">Brill Maritime also claimed that Boats Group's subscription agreements stoped brokers from listing boats elsewhere. The judge examined the contract language and concluded that the provision merely prevented brokers from implying that a YachtWorld or Boats Group listing originated somewhere else. He therefore concluded that you can advertise on YachtWorld and on other sites and the contract simply prevented you from pretending a Boats Group listing came from another platform, meaning the clause is not an exclusive dealing arrangement.Finally, Brill Maritime argued that Boats Group had dramatically increased its prices. The judge responded that high prices alone are not an antitrust violation. The court cited multiple precedents saying a legal monopolist is generally allowed to charge whatever prices it wants. To prove monopolisation, Brill Maritime needed to show that the higher prices resulted from illegal exclusionary conduct.In conclusion, the judge accepted that Boats Group may hold monopoly power in the US online boat-listing market, but ruled that the plaintiffs failed to show that Boats Group acquired or maintained that position through illegal anticompetitive conduct.United States District Judge, Roy K. Altman dismissed the complaint without prejudice, meaning the plaintiff is able to resubmit an amended complaint, with a deadline of 30 June 2026.&nbsp;The lawsuit also contained claims under Florida law, with the federal court declining to hear the state claims as the federal antitrust claims were dismissed. These were also dismissed without prejudice, allowing for them to also be refiled.&nbsp;SuperYacht Times will continue to follow this story and will provide updates where necessary.

US court dismisses antitrust lawsuit against Boats Group

The US District Court for the Southern District of Florida has dismissed the antitrust lawsuit brought by Export Yacht Sales against Boats Group.

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has denied rumours that they had a possible interest in acquiring <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a>.<img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">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>, press articles had reported that they were in negotiations with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to acquire the entire share capital or the main assets. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> clarified that at present no negotiations to that effect are underway with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> or its shareholders.“At the same time, as a leading player in the Italian yachting industry and in line with its external growth strategy, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> continuously evaluates and assesses potential opportunities that may arise in the market,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> closed their statement by confirming that if they were to proceed with any transactions, it would inform the market in compliance with terms and conditions required by law.In February 2026, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that Chairman Filippo Menchelli and Vice Chairman Marco Carniani had resigned, with Giovanni Costantino elected as Chairman of the Board of Directors.The following week, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> launched a forensic investigation into internal overspending and financial irregularities. KPMG was appointed to conduct an independent forensic due diligence review, as a result of the actions made possible by a group of individuals within <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.&nbsp;Since then, the Court of Florence has granted protective measures restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction. Last week, these measures were partially lifted for five shipowners.Read more: <a data-gid="gid://syiq/Article/66308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florence court lifts protective measures for five The Italian Sea Group yacht contracts (2026-06-11 10:00:00 +0200)">Florence court lifts protective measures for five The Italian Sea Group yacht contracts</a>The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is not the only company that has denied acquisition rumours for TISG. In March 2026, German yacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> told SuperYacht Times that <a data-gid="gid://syiq/Article/65574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen not considering acquiring The Italian Sea Group (2026-03-09 14:00:00 +0100)">the company had not considered acquiring TISG</a>.&nbsp;

Ferretti Group denies The Italian Sea Group acquisition rumours

Italian yacht builder Ferretti Group has denied rumours that they had a possible interest in acquiring The Italian Sea Group (TISG).

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/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced that the Court of Florence has partially lifted protective measures for five shipowners, following the company's ongoing negotiated crisis settlement procedure.<img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">On 16 March, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that it had initiated a negotiated settlement procedure under Italian Legislative Decree No. 14/2019, following internal financial irregularities. This legal framework aimed to enable them to restructure, while continuing to operate under the supervision of an independent expert.Following this, on 20 April, the Court of Florence granted protective measures for a maximum period of four months, restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction.The court also confirmed that these protective measures extended to shipowners, which prevented them from terminating their contracts of yachts currently under construction during the proceedings.The Court of Florence has now issued an order upholding the appeals filed by five shipowners which prevented them terminating their contracts. With respect to them it was also found that they were unable to exercise the other rights provided under their contracts.&nbsp;The court found that the yachts could not be covered by the protective measures because they were neither assets of the company, nor assets instrumental to its business operations.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a><img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">The ruling also determined that the shipowners were not creditors against whom such measures could be applied and their right to obtain performance under the pending contract could not be satisfied through enforcement or interim measures.The order applies exclusively to the five shipowners who filed the appeals and has no effect on the other shipowners or creditors, with the previous measures remaining in effect for the duration already established by the Court.&nbsp;TISG also stated that these measures do not affect the ongoing negotiations with its main stakeholders, including shipowners, suppliers and financial institutions, as part of the company's economic and financial rebalancing plan which is currently in progress.The company also stated that, with regard to the affected shipowners, the substance of the contractual relationships remains unchanged despite the lifting of the protective measures.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to provide updates on developments relating to the procedure and any further initiatives undertaken in accordance with applicable regulations.

TISG: Florence court removes protections affecting five yacht contracts

A Florence court has partially lifted protective measures affecting five yacht contracts linked to TISG's ongoing negotiated settlement procedure.

Florence court lifts protective measures for five The Italian Sea Group yacht contracts

Industry veterans Adam Papadakis and Kurt Fraser have announced the launch of <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>. According to the founders, it is "a new superyacht brokerage and advisory house combining traditional yachting expertise with a connected and intelligence-led approach to navigating the superyacht market."Headquartered in Monaco and serving an international client base, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> offers a full suite of brokerage, charter, yacht management and consultancy services, positioning itself as a long-term partner across every stage of the yachting journey.<img src="https://photo-assets.superyachttimes.com/photo/396755/image/large-03eb586a20f98c7bb1b9bab73768aced.png" data-gid="gid://syiq/Photo/396755">The company is led by Founder and CEO Adam Papadakis, whose career spans more than 25 years at some of the industry's most recognised brokerage houses. Throughout his career, Adam has advised clients on significant yacht transactions, new build projects and refits, building long-standing client relationships and helping drive the commercial success of some of the industry's most respected brands. Widely respected for his discretion, strategic insight and meticulous execution, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> reflects his belief that exceptional client outcomes are achieved through independent advice and deep market understanding.Joining him as Founding Executive and CCO is Kurt Fraser, a strategist, creative leader and international business executive whose career spans more than 25 years across the superyacht, luxury lifestyle, resort development and marina sectors. Throughout his career, Kurt has driven business transformation and contributed to the growth and commercial success of a number of leading yachting brands. He believes <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>'s performance-driven model is uniquely aligned with the expectations of both established yacht clients and a new generation of owners seeking greater transparency, responsiveness and long-term value.While the launch of independent brokerage houses is not uncommon within the superyacht sector, the pairing of Adam and Kurt brings together two distinctly complementary areas of expertise. Combining deep brokerage experience with proven strategic, creative and commercial leadership, the duo have built a business founded on both reputation and capability.Their partnership reflects a broader shift within the industry, where clients increasingly seek the agility, transparency and personalised approach often associated with boutique brokerage houses, without sacrificing the expertise and international reach traditionally offered by larger organisations. In this respect, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> blends established industry knowledge with a more modern, insightful and adaptable approach to yacht brokerage.A strategic advisory approachAccording to the Founding team, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> has been established in response to increasing fragmentation across the yachting experience, with clients often relying on multiple service providers and disconnected sources of information, or larger organisations whose structures can inhibit a truly performance-driven approach."Rather than concentrating solely on transactional brokerage activity, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> will work closely with clients to develop personalised yachting strategies that reflect their lifestyle objectives and long-term aspirations. Whether a client's journey begins with charter, evolves into yacht ownership, or encompasses the management and optimisation of an existing asset, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>’s objective is to ensure that every stage of the experience is aligned with their individual expectations, priorities and goals.""The superyacht industry has always been relationship-driven and that will never change," said Adam. "However, clients today require more than access and execution. Better insight and better intelligence leads to better decisions and better experiences. This is the role <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> intends to fill as trusted partners to our clients.”<a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>’s approach combines traditional brokerage expertise with strategic advisory and a deeper understanding of the factors that influence successful outcomes. The Founders believe that clients increasingly benefit from objective guidance, greater market visibility and a more integrated approach to decision-making. By bringing these elements together, the company aims to support clients across the full spectrum of yachting activities, from charter and acquisition through to ownership, management and eventual disposition.

Launch of Matterhorn yacht brokerage

Industry veterans Adam Papadakis and Kurt Fraser have announced the launch of Matterhorn, a new superyacht brokerage and advisory house.

Adam Papadakis and Kurt Fraser launch Matterhorn

<a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a> has announced that it has agreed upon a lease of construction facilities within the Maritime Industry and Business Park Volkswerft Stralsund in Germany. <img src="https://photo-assets.superyachttimes.com/photo/395892/image/large-3ca38fdddd01e9ee25c8a081829cb148.jpg" data-gid="gid://syiq/Photo/395892">Located in the Hanseatic city of Stralsund, Volkswerft Stralsund the 34-hectare site was purchased by the city in February 2022, with the council working to develop it into a maritime industrial and commercial park.The Maritime Industrial and Commercial Park Volkswerft is already home to around 20 companies and offers extensive hall space, heavy-lift capabilities of up to 1,000 tonnes, direct water access and a highly skilled regional workforce.<img src="https://photo-assets.superyachttimes.com/photo/395889/image/large-a9056b5f718fa19673449bfbc198222e.jpg" data-gid="gid://syiq/Photo/395889">“Stralsund offers exactly the kind of environment we were looking for,” explained Henning Dörries, CEO of <a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a>. “This is more than simply additional space, itis about creating the right environment to deliver ambitious projects efficiently and effectively.”Volkswerft Stralsund offers 97,000 square-metres of hall space, 32,000 square-metres of equipped office space and 24,00 square-metres of equipped workshop space and offers access via road, rail and inland/sea shipping.<img src="https://photo-assets.superyachttimes.com/photo/395893/image/large-0f32488cbf3c13ffc99a8b3423fba5fc.jpg" data-gid="gid://syiq/Photo/395893">“We are proud to welcome their success and expertise in the superyacht sector to our maritime industrial and commercial park,” said Volkswerft Stralsund. “Our facilities offer ideal conditions for conversion and new-build projects.”“The combination of infrastructure, expertise and maritime heritage available in Stralsund makes it a natural fit for our future plans,” concluded Dörries.<a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a> has unveiled several superyacht concepts over the years, including the 75-metre <a data-gid="gid://syiq/Article/64397" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts & Phathom Studio unveil 75m superyacht concept Alyra (2025-10-02 14:45:00 +0200)">Alyra</a> designed by <a data-gid="gid://syiq/Company/5530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phathom Studio (Company)">Phathom Studio</a> and the 115.2-metre <a data-gid="gid://syiq/Article/61224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First Look: Dörries Yachts unveils 115m H2-designed superyacht concept Zephyr (2024-08-12 11:15:00 +0200)">Zephyr</a> yacht designed by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/395888/image/large-55c7722186f293194a8fedc63a57e1bb.jpg" data-gid="gid://syiq/Photo/395888">

Dörries Yachts construction facilities at Volkswerft Stralsund

Dörries Yachts has announced that it has agreed upon a lease of construction facilities at Volkswerft Stralsund in Germany.

Dörries Yachts agrees lease for new shipyard in Germany

The 58.2-metre <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> motor yacht <a data-gid="gid://syiq/Yacht/2030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey58.2m (190'11&quot;)CRN2013">Odyssey</a> has been sold. Michel Chryssicopoulos of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> introduced the buyer, while Tim Vickers of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> and Stuart Larsen of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> represented the seller under a joint central agency. <img src="https://photo-assets.superyachttimes.com/photo/388904/image/large-c98cd8028404e609f7f960644b31d631.jpg" data-gid="gid://syiq/Photo/388904">Delivered in 2013 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/2030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey58.2m (190'11&quot;)CRN2013">Odyssey</a> was formerly named J'Ade.&nbsp;She features both exterior design and interior 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 <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey58.2m (190'11&quot;)CRN2013">Odyssey</a> has a beam of 10.2-metres and a draft of three-metres. The yacht most recently underwent a refit in New Zealand in 2025.Spanning 939 GT, accommodation onboard is arranged for up to 13 guests across six well-appointed staterooms. Dedicated quarters provide accommodation for a crew of 13, including her captain.In terms of propulsion, <a data-gid="gid://syiq/Yacht/2030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey58.2m (190'11&quot;)CRN2013">Odyssey</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, delivering a cruising speed of 14 knots and a top speed of 16 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/2030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey58.2m (190'11&quot;)CRN2013">Odyssey</a> had a last known asking price of €29,500,000.

58m CRN superyacht Odyssey sold

The 58m CRN superyacht Odyssey has been sold with a last known asking price of €29.5 million.

Paul Kinkley, the owner of the Bering 78,&nbsp;<a data-gid="gid://syiq/Yacht/16808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slow Ride23.85m (78'3&quot;)Bering Yachts2026">Slow Ride</a>, sits down with Leona Caanen to chat about his brand new yachts, her personalised features and his upcoming cruising plans.Sitting across from me is Paul Kinkley, Canadian native and the owner of the brand new <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering</a> 78. The 23.85-metre superyacht, named <a data-gid="gid://syiq/Yacht/16808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slow Ride23.85m (78'3&quot;)Bering Yachts2026">Slow Ride</a>, is currently in process of delivery at <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a>, in Turkey. Earlier this year, Paul visited the yard for the yacht’s official launch.<img src="https://photo-assets.superyachttimes.com/photo/398589/image/large-392751553f2d2f178de6f73300a22a02.jpg" data-gid="gid://syiq/Photo/398589">The yacht’s name comes from a song by Foghat, and is something Paul’s entire family connected with. “We narrowed it down from about a 100 names to 10, and then five and then three, and eventually I just pulled the trigger. <a data-gid="gid://syiq/Yacht/16808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slow Ride23.85m (78'3&quot;)Bering Yachts2026">Slow Ride</a> made the most sense, we all related to it”, recalls Paul, who is very much a family man. On a cloudy day in January, as the yacht was launched, Paul blasted 'Slow Ride'&nbsp;on the yacht’s speakers whilst taking the yacht for her very first ride.<img src="https://photo-assets.superyachttimes.com/photo/382519/image/large-136ef5f4fa7f10e6c8be257f7d67b10b.jpg" data-gid="gid://syiq/Photo/382519" 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;"> Love at first sightPaul has closely followed the build process along. “From the time of ordering the boat to hand over, it’s a long period,” shares Paul. Yet building his very own yacht is something Paul has thought about for a long time. “We’ve had used boats, I’ve always fixed them up, put the systems I wanted on them,” Paul continues, “I was watching boating videos and stumbled upon the <a data-gid="gid://syiq/Yacht/16808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slow Ride23.85m (78'3&quot;)Bering Yachts2026">Bering Yachts</a> channel, and decided to give them a call.”“Honestly, we didn’t actually look anywhere else,” Paul mentions, “when I saw the videos and chatted with Alexei, he was just so down-to-earth, and I loved the style of the boat, it was unique looking.” Paul felt like the <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a> Shipyard in Antalya was the right fit, “the yacht is a steel hull, which is precisely what I was looking for.”Having always owned pre-built yachts, Paul’s patience has been tested, not just because of his excitement to cruise onboard the yacht, but also because a week after signing the deal, Paul’s other yacht, sitting in Fort Myers, Florida, was destroyed by hurricane Ian. “It’s quite surreal that it happened like that.” Getting to launch the yacht and see her touch the water was a great moment of both relief and excitement.<img src="https://photo-assets.superyachttimes.com/photo/382538/image/large-b3a6aabc47478833dc3131bd137e923b.jpg" data-gid="gid://syiq/Photo/382538">Designing a superyachtThe yacht is a semi-custom, so while the bones were pre-designed, there were plenty of choices left for Paul and his family to decide on. The stand-out choice has been the colour of the hull: “we probably went through 15 or 20 different colour renders, and Carol likes blue, so we were searching for the perfect colour” Paul recalls. Upon finding a colour they liked, Paul asked the yard to send a big colour swatch: “a computer only shows so much, but as soon as we saw the swatch we fell in love with the colour.”The interiors feature a softer, more neutral palette than the teal exterior, across an open floor plan that seamlessly connects the galley with the saloon and features large windows, providing plenty of natural lighting. The galley looks out onto the aft deck, where a table for ten creates the ideal place for al fresco dining, enjoying sunsets or a delicious morning coffee.A diesel electrician by trade, Paul is especially happy with how the engine room turned out. “Anything mechanical I love,” Paul highlights, “we’ve packed that room like you can’t believe: we’ve changed some of the electronics, the AC systems, upgraded it to 48 volt.” The engine room was expanded, getting rid of the crew head, as “we’re not really crew people anyways.” <img src="https://photo-assets.superyachttimes.com/photo/382508/image/large-8957a0d4c70d67e74479c8a653443b1a.jpg" data-gid="gid://syiq/Photo/382508" 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;">Feeling secure<a data-gid="gid://syiq/Yacht/16808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slow Ride23.85m (78'3&quot;)Bering Yachts2026">Slow Ride</a> marks a sense of security, but also of freedom, and a big point of purchasing a yacht was ensuring Paul and Carol could manage it themselves: &nbsp;“It’s important to us that we can run the yacht by ourselves; not having to run upstairs, worrying about fenders.”The yachts that Paul previously owned were great, but ”they never had everything on it that we wanted; I was constantly busy converting yachts we purchased,” shares Paul. With <a data-gid="gid://syiq/Yacht/16808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Slow Ride23.85m (78'3&quot;)Bering Yachts2026">Slow Ride</a>, Paul has “all the systems onboard: not having to go in for pump outs anymore because there is a sewage treatment plan onboard and dual water makers so you have the back-up.” A lot of the technological systems introduced onboard are not just for comfort of long distance cruising, but also to feel safe and secure when cruising: “Just knowing all this is onboard, in case something happens while cruising with my family, I don’t worry so much,” shares Paul.<img src="https://photo-assets.superyachttimes.com/photo/398588/image/large-2631ff32ceef53dd64b3c6380ef5683d.jpg" data-gid="gid://syiq/Photo/398588" 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;">A sense of freedomOne place that is definitely on the cruising destination is a little fishermen village, near the shipyard that Paul and Carol visited a while ago. “We befriended the owner of a restaurant, he’s a fantastic chef, and we promised that once we have the yacht, we’ll come visit and enjoy dinner together.”&nbsp;Besides the shores of Turkey, Paul is eager to explore the Mediterranean: “We’ve never boated in the Mediterranean, but I’ve done lots of research on it, followed lots of sailboaters online.” Having itineraries planned out, thanks to fellow yachties, and with the yacht ready cruise, Paul and Carol are bound to have a great summer in the Mediterranean, “getting as close to shore as I can with the shallow draft.”<img src="https://photo-assets.superyachttimes.com/photo/398590/image/large-1289eb29cd7094aadb3ee64b0312c4f1.jpg" data-gid="gid://syiq/Photo/398590" 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;">

A Slow Ride: building a Bering 78

Paul Kinkley, owner of the Bering 78 Slow Ride, talks to Leona Caanen about his new yacht, custom features and cruising plans.

Not your average Slow Ride

The 29-metre <a data-gid="gid://syiq/Company/5027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rockport Marine (Company)">Rockport Marine</a> custom modern sailing yacht <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> has completed several days of sea trials on Penobscot Bay in Maine, USA.<img src="https://photo-assets.superyachttimes.com/photo/398584/image/large-a0883d7562b7df697b5ff8b85c24ac47.jpg" data-gid="gid://syiq/Photo/398584">Launched in November 2025, <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> boasts a sleek and classic profile, with exterior design and naval architecture by Rhode Island-based <a data-gid="gid://syiq/Company/566" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Langan Design Partners (Company)">Langan Design Partners</a> and interior design penned by <a data-gid="gid://syiq/Company/4404" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Whiteley Design (Company)">Mark Whiteley Design</a>. <img src="https://photo-assets.superyachttimes.com/photo/398576/image/large-334292580aaa60591183cfa032d23116.jpg" data-gid="gid://syiq/Photo/398576"><img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/398566/image/large-b62cc1cec34ae895c6fda22e8252c02d.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260630%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260630T122205Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=32e0350722fae71f9a680aaa6828734633e31a8034a05be7f86c8a2a6facb842" data-gid="gid://syiq/Photo/398566">During her sea trials, <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> demonstrated her sailing capabilities with the help of her simple sail plan from <a data-gid="gid://syiq/Company/1213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sailmakers (Company)">Doyle Sails</a>, which includes a mainsail, Yankee (a high-cut jib) and staysail, plus a Code Zero headsail for off-wind sailing.<img src="https://photo-assets.superyachttimes.com/photo/398578/image/large-1a840dcd39a1586172ddc225bd3871a2.jpg" data-gid="gid://syiq/Photo/398578"><img src="https://photo-assets.superyachttimes.com/photo/398574/image/large-0625422c4846fea0c40161cd9c13c627.jpg" data-gid="gid://syiq/Photo/398574">“The boat responded and behaved in the ways we expected,” explained Designer Tom Degrémont of <a data-gid="gid://syiq/Company/566" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Langan Design Partners (Company)">Langan Design Partners</a>. “The impression of power, the speeds we reached, the feeling of control at the helm, the balance of the boat — everything felt exactly like I’d hoped it would feel.”<img src="https://photo-assets.superyachttimes.com/photo/398575/image/large-0d3fae10cbdea2c54f1bfaec311774fc.jpg" data-gid="gid://syiq/Photo/398575">The owner of <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> chose a deeper-draft keep of 12-feet and a powerful sail plan of more than 4,500 square-feet of sail upwind for performance. This allowed the yacht to reach speeds of 12 knots in 15 knots of breeze, while maintaining 10 knots upwind and tacking through less than 90 degrees under a Yankee and staysail.<img src="https://photo-assets.superyachttimes.com/photo/398583/image/large-cb999d72250aa8e4795014422495fcf7.jpg" data-gid="gid://syiq/Photo/398583">Interior designer Mark Whiteley was also onboard during her sea trials and described his first impression of <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> on the water: “She’s a big boat! Walking down the gangway to the dock, there were all these pretty, beautiful wooden <a data-gid="gid://syiq/Company/1147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Concordia (Company)">Concordia</a> yawls and other boats, but <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> is a magnificent and towering yacht in her own right.”<img src="https://photo-assets.superyachttimes.com/photo/398573/image/large-681e25f0283c6e36ffdb9cb49298afe6.jpg" data-gid="gid://syiq/Photo/398573">“Her freeboard is obviously quite a lot higher, so she stands out and looks stunning. As it happened, we hit a particularly nice stretch of strong wind, and she briefly did over 13 knots. It’s a lovely feel to the yacht that goes with her modern classical style.”<img src="https://photo-assets.superyachttimes.com/photo/398567/image/large-2377a42c85d0df772d22a97d35dbb209.jpg" data-gid="gid://syiq/Photo/398567">Constructed by <a data-gid="gid://syiq/Company/5027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rockport Marine (Company)">Rockport Marine</a>, <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a>’s hull is a cold-moulded wooden composite, which uses a construction method of pairing Douglas fir and western red cedar wood, with carbon-fibre, E-glass and foam cores to create a lightweight structure. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/398565/image/large-f3fda1aca40f2f9833a3ab1ca9d18aec.jpg" data-gid="gid://syiq/Photo/398565">“After years of design debate, discussion, inspections and testing, to hoist the main and headsails and heel the yacht over for the first time was a profoundly rewarding milestone,” concluded Peter Wilson of <a data-gid="gid://syiq/Company/742" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCM (Company)">Marine Construction Management (MCM)</a>.“It came as no surprise to me that <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> performed excellently. Simply put, <a data-gid="gid://syiq/Yacht/13223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Ouzel29.0m (95'2&quot;)Rockport Marine 2026">Ouzel</a> ticks all the boxes.”<img src="https://photo-assets.superyachttimes.com/photo/398577/image/large-8a63ff352fa4fd80f046dbc071c9236d.jpg" data-gid="gid://syiq/Photo/398577">

Ouzel: 29m Rockport Marine yacht on sea trials

The 29-metre Rockport Marine custom modern sailing yacht Ouzel has completed several days of sea trials on Penobscot Bay in Maine, USA.

29m Rockport Marine custom modern sailing yacht Ouzel on sea trials

The 26.95-metre <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> motor yacht <a data-gid="gid://syiq/Yacht/12229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Aga26.95m (88'5&quot;)Ferretti Yachts2023">Lady Aga</a> has been listed for sale with Patryk Uznanski of <a data-gid="gid://syiq/Company/6641" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Patrick Marine (Company)">Patrick Marine</a> and Kevin Bonnie of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. <img src="https://photo-assets.superyachttimes.com/photo/398545/image/large-6e03f3ff7e8d134b90a99abb463e5470.jpg" data-gid="gid://syiq/Photo/398545">Delivered in 2023 by the Italian shipyard, 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> forms part of the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> 860 series. <a data-gid="gid://syiq/Yacht/12229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Aga26.95m (88'5&quot;)Ferretti Yachts2023">Lady Aga</a> 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>, while her interiors were penned by <a data-gid="gid://syiq/Company/5853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ideaeITALIA (Company)">Ideaeitalia</a>. Naval architecture was developed in-house by <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a>. <img src="https://photo-assets.superyachttimes.com/photo/398544/image/large-eb37dae9115fefa2bdbe0ca1c1525280.png" data-gid="gid://syiq/Photo/398544">Constructed with a GRP hull and superstructure, she has a beam of 6.22-metres and a shallow draft of 1.4-metres, enabling the yacht to access lagoons and shallow reefs. <img src="https://photo-assets.superyachttimes.com/photo/398549/image/large-abeefc42468c243e6a39c40c94d58dfb.jpg" data-gid="gid://syiq/Photo/398549">In terms of outdoor living, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=ferretti" rel="noopener noreferrer" target="_blank" title="">Ferretti yacht for sale</a> is centred around an expansive flybridge measuring more than 40 square metres. Outfitted with an opening hardtop, a Jacuzzi, bar, dining area, retractable television and extended lounge spaces, it has been designed as the yacht's primary social hub.<img src="https://photo-assets.superyachttimes.com/photo/398550/image/large-4ce7253ea855352b54e795f9bbdf85d0.jpg" data-gid="gid://syiq/Photo/398550">Additional outdoor living spaces include a foredeck lounge and aft cockpit, creating various spots for open-air meals and unwinding. Moreover, a 16-square-metre garage conveniently houses both a <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Jet Tenders (Company)">Williams</a> 395 tender and a Jet Ski. <img src="https://photo-assets.superyachttimes.com/photo/398552/image/large-1aad0801c26d3679e83cf1759556ba18.jpg" data-gid="gid://syiq/Photo/398552"><img src="https://photo-assets.superyachttimes.com/photo/398551/image/large-b05b18ab4709f7afde9e3cbb6018ad88.jpg" data-gid="gid://syiq/Photo/398551">Stepping Inside, the <a data-gid="gid://syiq/Yacht/12229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Aga26.95m (88'5&quot;)Ferretti Yachts2023">yacht Lady Aga&nbsp;for sale</a> embraces a contemporary interior characterised by dark wood finishes and soft neutral furnishings. Her panoramic main saloon boasts floor-to-ceiling windows, letting in plenty of natural light alongside uninterrupted views of the ocean. Guest accommodations continue her minimalist and elegant aesthetic featuring muted textiles and marble-accented ensuite bathrooms.<img src="https://photo-assets.superyachttimes.com/photo/398548/image/large-568c82f670d5124f8f19a8c6c6ddfbc8.jpg" data-gid="gid://syiq/Photo/398548"><img src="https://photo-assets.superyachttimes.com/photo/398547/image/large-3cebe6718f1b379a6e3ad0c0888c1637.jpg" data-gid="gid://syiq/Photo/398547">At an interior volume of 154 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is arranged for up to nine guests across four well-appointed staterooms, including a full-beam owner's suite. Separate quarters sleep up to four crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/398559/image/large-05a43de694a1716fa9b2bf56c3d8d87f.jpg" data-gid="gid://syiq/Photo/398559"><img src="https://photo-assets.superyachttimes.com/photo/398562/image/large-0fc6d779722569ebc5c20ee208ba2bfb.jpg" data-gid="gid://syiq/Photo/398562"><img src="https://photo-assets.superyachttimes.com/photo/398563/image/large-8684a8d7d3354982f497f6ce3138dc55.jpg" data-gid="gid://syiq/Photo/398563">In terms of performance, the <a data-gid="gid://syiq/Yacht/12229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Aga26.95m (88'5&quot;)Ferretti Yachts2023">yacht&nbsp;Lady Aga 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, providing a cruising speed of 20 knots and a top speed of 28 knots. <img src="https://photo-assets.superyachttimes.com/photo/398546/image/large-31e92481951ec99a21c55a1d3655f164.png" data-gid="gid://syiq/Photo/398546">All images provided courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

 27m Ferretti motor yacht Lady Aga for sale

The 27m Ferretti 860 motor yacht Lady Aga has been listed for sale with Patrick Marine and IYC.

27m Ferretti motor yacht Lady Aga for sale

<a data-gid="gid://syiq/Company/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luiz de Basto Designs (Company)">DeBasto Designs</a> has unveiled the first details of the new 70-metre explorer yacht Project Quest, in collaboration with <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. <img src="https://photo-assets.superyachttimes.com/photo/398541/image/large-fc280a8327d52fae8e97a65200c427e4.jpg" data-gid="gid://syiq/Photo/398541">Designed with a striking metallic blue hull and superstructure, Project Quest boasts a strong profile with white accented deck overhangs. “Her exterior design is modern and aggressive, setting her apart from the generic standard explorers on the market,” explained designer Luiz DeBasto.&nbsp;Project Quest is defined by a sweeping ascending sheerline curve, with extensive glazing throughout. &nbsp;Her full-beam main saloon benefits from floor-to-ceiling windows which elevate her connection to the sea and provide plenty of light inside.&nbsp;Her large aft deck flows seamlessly into her main saloon and dining area on the main deck, which also includes an elevator which services her sun, main and lower decks. Amidships on the main deck is a VIP suite, alongside her full-beam owner’s suite.<img src="https://photo-assets.superyachttimes.com/photo/398540/image/large-7c20dbf44a9650793545b9b01da6d978.jpg" data-gid="gid://syiq/Photo/398540">Situated forward, her owner’s suite benefits from his-and-hers ensuite bathrooms, a California king-size bed and the possibility of sliding doors which lead to terraces on both her port and starboard.The lower deck of Project Quest includes four additional guest suites, alongside accommodation for a crew of 16 across eight cabins. This deck is also home to a spa, as well as her garage, which includes a side opening door for easy access to her water toys.&nbsp;Moving to her upper deck, guests onboard Project Quest can unwind in her skylounge, before making their way to her aft deck to relax on her deck. Here, an alfresco dining space for 10 allows for outdoor meals, while additional lounge seating makes the perfect spot for an aperitif cocktail. <img src="https://photo-assets.superyachttimes.com/photo/398539/image/large-923db6accf3de9468847a780e33b6c3e.jpg" data-gid="gid://syiq/Photo/398539">For those looking to top up their tans, the sundeck of Project Quest plays host to a whirlpool spa, with integrated seating and the addition of sun loungers. The 70-metre yacht also boasts a touch-and-go helideck for extended exploration opportunities.&nbsp;As well as this, Project Quest is equipped with 10-ton cranes integrated into her aft deck bulwarks and the capability of carrying two 12.8-metre tenders. In terms of performance, Project Quest uses a diesel-electric propulsion system, providing the explorer yacht with great autonomy and range.

Project Quest: 70m Abeking & Rasmussen yacht concept by DeBasto

DeBasto Designs has unveiled the first details of the new 70-metre explorer yacht Project Quest, in collaboration with Abeking & Rasmussen.

DeBasto unveils 70m Abeking & Rasmussen explorer yacht concept Project Quest

<a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> has acquired a strategic equity stake in South of France-based yachting brokerage and management company <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>.The move aligns with <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a>'s continued development in providing services across private aviation, yachting, lifestyle and bespoke client support for an international clientele. Both companies have noted that this milestone builds on several years of close collaboration, founded on shared standards, mutual trust and a common understanding of client expectations.<img src="https://photo-assets.superyachttimes.com/photo/398542/image/large-fc3a3e0aa8d40c25fa60709314b387c2.png" data-gid="gid://syiq/Photo/398542">Founded in 2009, <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> specialises in yacht sales and purchase, charter, yacht management and consultancy services. Headquartered in Nice, the company also operates through a network of international offices across Europe and Asia. Under the new structure, the company will continue to operate under its established identity, with founder Nicolas Valin remaining as CEO.According to <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a>, the move reflects the growing demand from private clients, yacht owners and family offices seeking a single trusted partner capable of supporting their aviation, yachting, lifestyle, travel and property requirements through an integrated service offering.Clients of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> will continue to benefit from their existing relationships while gaining access to Sparfell Group's wider international ecosystem and complementary services.Commenting on the announcement, <a data-gid="gid://syiq/Person/623" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nicolas Valin, France (Person)">Nicolas Valin</a>, Founder and CEO of <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>, said: "This was a natural evolution for <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>. <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> and <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> have worked closely together for several years, and we share the same values."He continued: "Joining the <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell Group</a> allows us to grow internationally while preserving the identity and service culture that define <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a>."Moreover, Clément Lacoste, Managing Director of <a data-gid="gid://syiq/Company/8906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparfell (Company)">Sparfell</a> Lifestyle added: "Many of our clients already trust Sparfell to support them across different aspects of their lives and assets, and yachting was a natural extension of that relationship. <a data-gid="gid://syiq/Company/2511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Neo Yachting (Company)">Neo Yachting</a> was already a trusted partner, including for shared clients, so strengthening our collaboration was a logical next step."

 Neo Yachting joins Sparfell Group

 Neo Yachting has joined Sparfell Group following the aviation group taking an equity stake in the yachting brokerage. 


Sparfell Group acquires strategic equity stake in Neo Yachting

Italy-based shipyard <a data-gid="gid://syiq/Company/1364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amer Yachts S.p.A. (Company)">Permare</a> has announced the launch of the 41.45-metre Amer 42 Explorer yacht <a data-gid="gid://syiq/Yacht/12235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Even Further41.45m (135'12&quot;)Amer Yachts S.p.A.2026">Even Further</a>. The launch marks the debut of the shipyard’s new custom steel yacht line.<img src="https://photo-assets.superyachttimes.com/photo/398522/image/large-1acd72b04183e12e915641e259178b77.jpg" data-gid="gid://syiq/Photo/398522">First unveiled as the Amer Steel Explorer 41 at the <a data-gid="gid://syiq/Event/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2022">2022 Monaco Yacht Show</a>, the explorer has since entered the water and completed her initial open-sea trials, where she recorded a fuel consumption of just 60 litres per hour at 9.5 knots in Eco Mode.Read more:&nbsp;<a href="https://sya.superyachttimes.com/news/per:24/title:amer/published:0/not_published:0#managed-by-system" target="_blank">Amer 41 steel explorer superyacht revealed at MYS 2022</a><img src="https://photo-assets.superyachttimes.com/photo/398526/image/large-de46c8c0cea990e0536ba4f8336639fe.jpg" data-gid="gid://syiq/Photo/398526">She was designed inside and out by <a data-gid="gid://syiq/Company/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luiz de Basto Designs (Company)">Luiz de Basto</a>, with naval architecture by <a data-gid="gid://syiq/Company/5771" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Optima Design (Company)">Optima Design</a>. The steel-hulled explorer features an aluminium superstructure and is built to Ice Class standards for long-range cruising.Following the sea trials, the shipyard said the 440-tonne yacht is capable of a transoceanic range of 8,900 nautical miles in Eco Mode from her 56,300-litre fuel capacity. It added that the yacht’s performance figures exceeded those projected during the design phase.<img src="https://photo-assets.superyachttimes.com/photo/398524/image/large-e627f566ee6eb6b38cc33fffaa22589e.jpg" data-gid="gid://syiq/Photo/398524">“This exceptional result is the outcome of a long and relentless pursuit of improved performance and reduced fuel consumption and emissions,” commented <a data-gid="gid://syiq/Company/1364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amer Yachts S.p.A. (Company)">Amer Yachts</a> CEO Barbara Amerio. “We started in the late 1980s and, well before these topics became widely discussed, chose a path that today rewards us for the great sacrifices and initial scepticism we encountered. It is an advantage we can offer to our clients and to charter units, which are particularly sensitive to rising fuel costs.”The explorer combines expedition capabilities with Mediterranean-inspired aesthetics. <a data-gid="gid://syiq/Yacht/12235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Even Further41.45m (135'12&quot;)Amer Yachts S.p.A.2026">Even Further</a> features a high bow, a touch-and-go helipad, a 17-metre flybridge, and twin 8,000-kilogram cranes integrated into the superstructure for launching and retrieving tenders.<img src="https://photo-assets.superyachttimes.com/photo/398523/image/large-ea3dd745dc2ddd33a90ca60521f2a84e.jpg" data-gid="gid://syiq/Photo/398523">According to the shipyard, the yacht’s efficiency is the result of an innovative steel hull combined with an aluminium superstructure and an integrated propulsion package developed in collaboration with <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>. The project follows more than a decade of research into applying IPS pod drives to larger steel-displacement yachts, a configuration traditionally reserved for smaller vessels.“The collaboration with <a data-gid="gid://syiq/Company/1364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amer Yachts S.p.A. (Company)">Amer Yachts</a>, the result of more than 12 years of joint research and experimentation, demonstrates how technological innovation can radically transform the future of navigation, even over long distances,” said <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> Vice President Yacht &amp; Superyacht Nicola Pomi.<img src="https://photo-assets.superyachttimes.com/photo/398525/image/large-e06d2a8c744d72b88753426e8e0c2df9.jpg" data-gid="gid://syiq/Photo/398525">Powered by quadruple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> D13 engines connected to twin IPS40 pod drives, <a data-gid="gid://syiq/Yacht/12235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Even Further41.45m (135'12&quot;)Amer Yachts S.p.A.2026">Even Further</a> has a cruising speed of 14 knots and a top speed of 16.3 knots. In Eco Mode, two of the four engines are engaged, enabling the yacht to achieve ultra-low consumption and extended range efficiency during long passages.

First Amer 42 Explorer yacht Even Further launched

 Italy-based shipyard Permare has announced the launch of the 41.45-metre explorer yacht Amer 42 Explorer yacht Even Further.

<img src="https://photo-assets.superyachttimes.com/photo/398457/image/large-ff8ad46878c4170ffa4d1a3b4b244459.jpg" data-gid="gid://syiq/Photo/398457">The 138.6-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rising Sun138.6m (454'9&quot;)Lürssen Yachts2004">Rising Sun</a> has been spotted off the coast of Deià, on the Spanish island of Mallorca, where she is currently anchored.Twenty years after her delivery, <a data-gid="gid://syiq/Yacht/237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rising Sun138.6m (454'9&quot;)Lürssen Yachts2004">Rising Sun</a> underwent a nine-month refit at <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen's</a> Hamburg facilities beginning August 2024. She features a streamlined exterior with strong horizontal lines designed by <a data-gid="gid://syiq/Company/8232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jon Bannenberg Ltd (Company)">Jon Bannenberg</a>, while her interiors were created by <a data-gid="gid://syiq/Company/1193" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seccombe Design (Company)">Seccombe Design</a>. Originally conceived as a 120-metre superyacht, her commissioning owner opted to extend her by 18-metres during construction.With a volume of 7,841 GT, <a data-gid="gid://syiq/Yacht/237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rising Sun138.6m (454'9&quot;)Lürssen Yachts2004">Rising Sun</a> is characterised by her expansive interior spaces and superstructure lined with full-height curved windows. Highlights include a dedicated owner's deck complete with a panoramic saloon and a spacious aft deck.In terms of propulsion, she is powered by quadruple <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, enabling the yacht to cruise at 26 knots and reach a top speed of 28 knots.

Lürssen yacht Rising Sun in Mallorca

The 138.6-metre Lürssen superyacht Rising Sun has been spotted anchored off the coast of Deià.

139m Lürssen superyacht Rising Sun in Mallorca

The 89-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 828 yacht <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a> has been spotted on sea trials following her launch from the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Royal Van Lent shipyard in Amsterdam, the Netherlands earlier this month. <img src="https://photo-assets.superyachttimes.com/photo/398534/image/large-2e8b5478414d4bb2fb17f5a9f8cc3b63.jpg" data-gid="gid://syiq/Photo/398534">Construction on <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a> began in 2023, with the yacht seen outside the shed for the first time in May 2025, when her hull was launched from the NMC hull fabrication shipyard in Nieuw-Lekkerland, the Netherlands.Read more: <a data-gid="gid://syiq/Article/63248" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exclusive: 89m highly-secretive Feadship 828 superyacht seen for the first time (2025-05-05 15:15:00 +0200)">89m highly-secretive Feadship 828 superyacht seen for the first time</a><img src="https://photo-assets.superyachttimes.com/photo/398536/image/large-cb5582a74ec9c13f521b6bc92bdfa76a.jpg" data-gid="gid://syiq/Photo/398536"><img src="https://photo-assets.superyachttimes.com/photo/398532/image/large-32e1710606893ca622886d5babd738be.jpg" data-gid="gid://syiq/Photo/398532">Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a> features exterior design and naval architecture 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 interiors by British design studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. The design brief was focused on creating a highly flexible multi-use yacht, with technical support for the project provided by <a data-gid="gid://syiq/Company/6940" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Occam Marine (Company)">Occam Marine</a>.<img src="https://photo-assets.superyachttimes.com/photo/398531/image/large-4f27fe1d0894b7acf3f419cc37e0d877.jpg" data-gid="gid://syiq/Photo/398531"><img src="https://photo-assets.superyachttimes.com/photo/398535/image/large-855af65ace08c6f81e87016851873fc3.jpg" data-gid="gid://syiq/Photo/398535"><a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a> is defined by a purposely long bow, which is designed to optimise her exterior deck spaces, while her interior incorporates soft, flowing lines to create a cohesive spatial experience throughout. New images show an infinity symbol on her stern, with her name still displaying as both <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a> and Royal Van Lent 828 on AIS. <img src="https://photo-assets.superyachttimes.com/photo/398528/image/large-2f9766f29abba62a444d06e89151916d.jpg" data-gid="gid://syiq/Photo/398528"><img src="https://photo-assets.superyachttimes.com/photo/398530/image/large-e172d1824dd68c0decfc2cde171baae3.jpg" data-gid="gid://syiq/Photo/398530"><img src="https://photo-assets.superyachttimes.com/photo/398529/image/large-8e93fbe0bcd04463104484f7cb49d96e.jpg" data-gid="gid://syiq/Photo/398529">According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has several yachts in-build, including the 143.5-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 831 superyacht <a data-gid="gid://syiq/Article/65813" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bow of secretive 140m+ Feadship yacht seen for the first time (2026-04-09 15:45:00 +0200)">Project Maestro, which was seen for the first time in April 2026</a> and the 101.2-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 1014 yacht <a data-gid="gid://syiq/Article/66132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="101m Feadship 1014 superyacht on sea trials (2026-05-21 14:30:00 +0200)">Destiny, which was spotted on sea trials in May 2026</a>.<img src="https://photo-assets.superyachttimes.com/photo/398533/image/large-9e2d7fb2eb57f2359795b6a61d3a195a.jpg" data-gid="gid://syiq/Photo/398533">

Milky Way: 89m Feadship 828 yacht on sea trials

The 89-metre Feadship 828 yacht Milky Way has been spotted on sea trials following her launch earlier this month. 