This morning Jurgen Koch of the Fraser Yachts office in Palma de Mallorca announced the sale of his central agency for sale, the 75.13 metre Phocea. No other yacht broker was involved in the sale of the sailing yacht and she will keep her name, reports Jurgen. <img alt="" src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/131385/image/large-36443adf443a06160b3a7c3d8e289079.jpg" data-gid="gid://syiq/Photo/131385">Sailing yacht Phocea was built as a cruise ship by the French shipyard DCAN in 1976. In 1999/2000 she underwent a major interior and exterior refit at the Lürssen shipyard in Germany. Phocea accommodates 12 guests in 1 Master, 1 VIP, 2 Double and 2 Twin cabins, and she sleeps 23 crew members. Fraser Yachts Jurgen Koch +34 971 700445 <a href="mailto:jurgen.koch@fraseryachts.com?subject=S/Y%20Phocea%20Sold%20%28SuperYachtTimes.com%29">jurgen.koch@fraseryachts.com</a> <a target="_blank" href="http://www.fraseryachts.com">www.fraseryachts.com</a> By Merijn de Waard

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Sailing superyacht Phocea sold by Fraser Yachts

<img src="https://photo-assets.superyachttimes.com/photo/310865/image/large-b9e0928f209caf47f97fd6c8afd20936.jpg" data-gid="gid://syiq/Photo/310865">The 87.6-metre superyacht <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> was observed anchored in Athens, Greece, under the dramatic backdrop of a dust storm from the Sahara Desert. Delivered by <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> in 2022, <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> is currently the second-largest yacht constructed by the shipyard. Designed by <a data-gid="gid://syiq/Company/148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ken Freivokh Design (Company)">Ken Freivokh</a>, her exterior is marked by distinctive X-shaped motifs on both the port and starboard sides of her superstructure. Inside, the interior by <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design Studio</a> gracefully complements her naval architecture, crafted by <a data-gid="gid://syiq/Company/924" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marco Yachts (Company)">Marco Yachts</a>. <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> can accommodate up to 12 guests across nine staterooms and has a crew capacity of 28, ensuring top-tier comfort and service for all guests. The 5-deck yacht showcases amenities such as a large glass-walled swimming pool with a cascading waterfall, an expansive beach club and a high-tech gym on the sundeck.&nbsp;

88m superyacht Project X in Athens

The 87.6-metre superyacht Project X, built by Golden Yachts in 2022, is seen anchored in Athens, Greece, during a dust storm.  

The 122-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/8278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet122.0m (400'3&quot;)Lürssen Yachts2024">Kismet</a>, previously known as Jag,&nbsp;has been delivered to her owner, following her launch in August 2023.<img src="https://photo-assets.superyachttimes.com/photo/308235/image/large-0db29b30441aa68739152aa62f7877c5.jpg" data-gid="gid://syiq/Photo/308235"><a data-gid="gid://syiq/Yacht/8278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet122.0m (400'3&quot;)Lürssen Yachts2024">Kismet</a>, has a six-deck exterior designed by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, and an eclectic interior created by <a data-gid="gid://syiq/Company/56" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reymond Langton Design Ltd. (Company)">Reymond Langton Design</a>. In the tradition of Lürssen's previous iconic projects like&nbsp;<a data-gid="gid://syiq/Yacht/1677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix 290.02m (295'4&quot;)Lürssen Yachts2010">Phoenix 2</a> and <a data-gid="gid://syiq/Yacht/4095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Whisper95.2m (312'4&quot;)Lürssen Yachts2014">Whisper</a>, she features the elongated bowspirit, with a jaguar figurehead hugging the underside of her bow.Video:&nbsp;<a data-gid="gid://syiq/Article/59652" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: The history of yacht figureheads (2024-02-22 15:00:00 +0100)">The history of yacht figureheads</a><img src="https://photo-assets.superyachttimes.com/photo/308234/image/large-22b4395579b44501e355d36de93c2c82.jpg" data-gid="gid://syiq/Photo/308234">Across a roomy 4,900 GT volume, the superyacht is capable of accommodating as many as 20 guests, while living quarters are also provided for 40 crew members, including her captain. Eight or nine staterooms provide stylish sleeping conditions for <a data-gid="gid://syiq/Yacht/8278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet122.0m (400'3&quot;)Lürssen Yachts2024">Kismet</a>’s guests.<img src="https://photo-assets.superyachttimes.com/photo/304868/image/large-5d5eec54e7609b4349914d11c0bccb98.jpg" data-gid="gid://syiq/Photo/304868">While her master suite occupies two decks, boasting a fireplace, skylight, and his-and-hers bathrooms, the remaining staterooms range from comfortable twin staterooms to double staterooms.<img src="https://photo-assets.superyachttimes.com/photo/304861/image/large-6a89fc9c39b31e3cacfcf7e16bbdd0db.jpg" data-gid="gid://syiq/Photo/304861">Among <a data-gid="gid://syiq/Yacht/8278" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet122.0m (400'3&quot;)Lürssen Yachts2024">Kismet</a>’s most standout features is the large swimming pool situated on the aft deck, as well as the main deck dining area flanked with large windows for meal times against a stunning backdrop. <img src="https://photo-assets.superyachttimes.com/photo/304859/image/large-ad74e74198185d8e5ae06709654ba2a3.jpg" data-gid="gid://syiq/Photo/304859">Furthermore, a spa complete with a sauna, hammam, and cryotherapy chamber, along with a yoga studio equipped with a juice bar exudes a Balinese-inspired approach to tranquillity.<img src="https://photo-assets.superyachttimes.com/photo/304870/image/large-4b2a76b9f6441a09fe6e79290d53d420.jpg" data-gid="gid://syiq/Photo/304870"><img src="https://photo-assets.superyachttimes.com/photo/308233/image/large-f3116351d57874295aedd5f2756995b7.jpg" data-gid="gid://syiq/Photo/308233">

122m Lürssen superyacht Kismet delivered 

The 122-metre superyacht Kismet has been delivered by her builder, the Germany-based shipyard Lürssen, to her owner. 



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The 31.08-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> motor yacht <a data-gid="gid://syiq/Yacht/11554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stile Di Vita31.08m (101'12&quot;)Riva S.p.A.2023">Stile Di Vita</a> is on the market with Pantelis Stathis of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. Delivered by her <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> in 2023, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> features an exterior and interior design by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design (Mauro Micheli)</a>, while her naval architecture is imagined in-house by her Italy-based builder.<img src="https://photo-assets.superyachttimes.com/photo/310359/image/large-368079787b5c12c93c02210fb6da3052.jpg" data-gid="gid://syiq/Photo/310359">Across a volume of 171 GT, she is able to accommodate as many as 10 guests across her five high-volume staterooms, while additional accommodation is provided for up to five crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/310345/image/large-f05e2654f96eb21f02561990a1945728.jpg" data-gid="gid://syiq/Photo/310345">Boasting 140 square-metres worth of glass surfaces, the sleek <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is characterised by a seamless integration between the indoors and outdoors, reminding those onboard that the dreamy surrounding seascape is never far.<img src="https://photo-assets.superyachttimes.com/photo/310334/image/large-38662dfc117f177d6265ae4b5baffc3c.jpg" data-gid="gid://syiq/Photo/310334">Inside a palatial saloon, silvery accents harmoniously complement a colour palette of understated, elegant grey, which allow guests to unwind or socialise as they gaze out at the far-reaching views provided by expansive windows.<img src="https://photo-assets.superyachttimes.com/photo/310336/image/large-1b3edd37673577861d4e86c40bd69630.jpg" data-gid="gid://syiq/Photo/310336">Another valuable source of entertainment are the<a href="https://www.superyachttimes.com/yachts/riva-spa/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">&nbsp;Riva yacht for sale</a>’s generous exterior deck spaces that are complete with an array of cushy, white lounge-chairs, sunpads, and an alfresco dining arrangement for indulging in delectable cuisine while enjoying a refreshing sea breeze. <img src="https://photo-assets.superyachttimes.com/photo/310341/image/large-94b99d74ed26ba4ffb4539e61906655a.jpg" data-gid="gid://syiq/Photo/310341"><img src="https://photo-assets.superyachttimes.com/photo/310340/image/large-7e6b4353dc0c694d3664089b8d1f5d6c.jpg" data-gid="gid://syiq/Photo/310340">Regarding her accommodation, the vessel’s well-appointed staterooms are laden with eye-catching, geometric pillows, intricately designed headboards, and the same chicly monochromatic grey colour scheme throughout the comfortable bedding and cosy carpet.<img src="https://photo-assets.superyachttimes.com/photo/310344/image/large-9e653f61c9178a50af05bdbdc976dff9.jpg" data-gid="gid://syiq/Photo/310344">Moreover, each state is flanked by a large window that works to both bathe the sleeping oasis in natural light and also reinforce the continuous connection to the stunning nearby scenery.<img src="https://photo-assets.superyachttimes.com/photo/310343/image/large-40e37dd4ab4a9d5bac3450105ae448ad.jpg" data-gid="gid://syiq/Photo/310343">In terms of the <a href="https://www.superyachttimes.com/yachts/stile-di-vita/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Stile Di Vita for sale</a>’s performance, her twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines propel her to a cruising speed of 24 knots alongside a top speed of 27.5 knots. <img src="https://photo-assets.superyachttimes.com/photo/310333/image/large-96982ac10112bbadc805061f9b629685.jpg" data-gid="gid://syiq/Photo/310333">

31m Riva yacht Stile Di Vita for sale

The 31.08-metre Riva motor yacht Stile Di Vita is on the market with Pantelis Stathis of IYC. 


31m Riva motor yacht Stile Di Vita for sale

The 25.7-metre <a data-gid="gid://syiq/Company/4372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Powerboats Ltd (Company)">Delta Powerboats</a> motor yacht <a data-gid="gid://syiq/Yacht/10221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shockwave25.7m (84'4&quot;)Delta Powerboats Ltd2020">Shockwave</a> sold with Tim Carbury and Sam Tucker of <a data-gid="gid://syiq/Company/808" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moravia Yachting (Company)">Moravia Yachting</a> representing both the buyer and seller.<img src="https://photo-assets.superyachttimes.com/photo/219264/image/large-595583c917a530a107e767181cfc7c94.png" data-gid="gid://syiq/Photo/219264">Delivered in 2020 by her Sweden-based builder as part of the <a data-gid="gid://syiq/Company/4372" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Powerboats Ltd (Company)">Delta</a> 88 Carbon series, the yacht features an exterior design, interior design, and naval architecture all imagined by the studio <a data-gid="gid://syiq/Company/4751" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lars Modin Design (Company)">Lars Modin Design</a>. <img src="https://photo-assets.superyachttimes.com/photo/219267/image/large-56bb1c54541229944162a930bbb4893e.png" data-gid="gid://syiq/Photo/219267"><img src="https://photo-assets.superyachttimes.com/photo/219266/image/large-50923fea6aff1a3993cf26087c98b25e.png" data-gid="gid://syiq/Photo/219266">At a volume of 85 GT, <a data-gid="gid://syiq/Yacht/10221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shockwave25.7m (84'4&quot;)Delta Powerboats Ltd2020">Shockwave</a> is capable of hosting up to eight guests onboard across a four stateroom layout, while additional accommodation is also available for as many as four guests across two crew cabins. <img src="https://photo-assets.superyachttimes.com/photo/267738/image/large-0fce65b251a7554fc63e595b45fbe6e9.png" data-gid="gid://syiq/Photo/267738"><img src="https://photo-assets.superyachttimes.com/photo/219270/image/large-bdaf9e83481452655327bab6700bd345.png" data-gid="gid://syiq/Photo/219270">With a shallow draft of 1.72-metres, the vessel is perfectly suited to spontaneous island hopping and adventurous cruising along coasts. Meanwhile, her interiors are characterised by their modernity and eye-catching chrome finishes.<img src="https://photo-assets.superyachttimes.com/photo/219272/image/large-3da3868dfa2c72ec21574efcdc86738e.png" data-gid="gid://syiq/Photo/219272">Performance-wise, the yacht, which is composed of a carbon fibre hull and superstructure, can reach a cruising speed of 26 knots and an impressive top speed of 39 knots over the course of a 525 nautical mile range. <img src="https://photo-assets.superyachttimes.com/photo/267741/image/large-caac4bea705edd938e66d601418a31f2.png" data-gid="gid://syiq/Photo/267741"><img src="https://photo-assets.superyachttimes.com/photo/267742/image/large-adb70dea7882f47a86fa94c1efa4d470.png" data-gid="gid://syiq/Photo/267742">At the time of her sale, <a data-gid="gid://syiq/Yacht/10221" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shockwave25.7m (84'4&quot;)Delta Powerboats Ltd2020">Shockwave</a>’s last known asking price was €4,250,000.<img src="https://photo-assets.superyachttimes.com/photo/219263/image/large-b417563c462bb00b17494eeb56a17b26.png" data-gid="gid://syiq/Photo/219263">

26m Delta Powerboats yacht Shockwave sold in-house

The 25.7-metre Delta Powerboats motor yacht Shockwave sold with Moravia Yachting representing both the buyer and seller. 

26m Delta Powerboats motor yacht Shockwave sold in-house

In 2021 the marine fuel supplier and bunkering specialist rebranded its entire organisation with the view to become a sustainable fuel supplier and in their own words, “become part of the solution, rather than the problem.” In line with this major transition, the company has refocused on becoming an energy supplier – whatever that energy may be, and has created a new brand removed from petroleum. Within the commercial shipping sector, <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> has made major inroads delivering sustainable biofuels and operating the first LNG (liquefied natural gas) bunker barge in the Straits of Gibraltar in 2023 that makes significant steps toward the decarbonisation of shipping. <img src="https://photo-assets.superyachttimes.com/photo/308253/image/large-15f20c0486b6f7df479f12e8be4381ac.jpg" data-gid="gid://syiq/Photo/308253">Recognising, however, that LNG is not the solution for the luxury superyacht sector, the <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> yachting team has been researching the best and most premium solution for superyachts; HVO (hydrotreated vegetable oil). A well documented and increasingly popular fuel within the superyacht sector, the use of HVO has a myriad of benefits, not least the fact that it is a drop-in fuel, meaning that it can be used within any diesel combustion engine, and that it can reduce CO2 emissions by up to 90 percent.&nbsp;However, not all HVO is equal, both in terms of environmental impact and quality. Over the past three years, the company has invested heavily in the R&amp;D around HVO, finding that Second Generation HVO, made from non-food bio-feedstocks such as waste cooking oil, or agricultural residue, are more sustainable in the longer term. The team has also learnt that top quality HVO from Second Generation sources is a more premium fuel than conventional diesel, offering more power per MT, a more complete combustion and exceptional stability.&nbsp;As a result of their research, <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> has now branded its own HVO product, BFuture, which is premium HVO fuel that has passed a series of specifications established by the <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> team in collaboration with the major marine engine manufacturers. <img src="https://photo-assets.superyachttimes.com/photo/308254/image/large-193fd3be5edb538da47e44cd85870bff.jpg" data-gid="gid://syiq/Photo/308254">How does BFuture differ?While there are a number of sustainability and quality criteria that HVO and bio-fuels must adhere to, there are many different categories and specifications that those fuels apply to. Superyachts, as complex luxury vessels, should demand the highest quality of HVO and <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a>’s Biofuels Desk has developed specific parameters to identify the highest quality HVO to be branded under BFuture.&nbsp;Over recent years, while HVO has gradually been recognised within yachting, captains and management teams have had a number of questions about its use for superyachts. With one issue being the price point, HVO does come at a higher premium than conventional fuels, the more important consideration is whether it poses a risk to superyacht operations, with captains often erring on the side of caution when it comes to incorporating new products for their yachts.&nbsp;What <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> has derived to do with BFuture, is to offer a product that not only comes with all of the benefits of HVO, but that is also tailored to the specific needs of the OEMs (original equipment manufacturer). The resulting fuel is a product that is not only a premium HVO, but that is actually a premium superyacht fuel that is ISCC EU certified and approved by the engine manufacturers. <img src="https://photo-assets.superyachttimes.com/photo/308261/image/large-9638cb6a3e2d5ba83fb89534125975d2.jpg" data-gid="gid://syiq/Photo/308261">What are the benefits of BFuture?As already mentioned, the use of Second Generation HVO offers up to 90 percent lower carbon emissions than regular diesel, and offers a higher energy content meaning more power per metric tonne. This is combined with a more complete combustion due to a high cetane number (75-99 compared to 40-55 for diesel), together meaning a more efficient burn and more miles per metric tonne.&nbsp;In addition, BFuture has exceptional oxidation stability, meaning that it can be stored for periods of minimum 15 years, and a minimal water content and low water solubility virtually eliminating the risk of microbial contamination when sitting within the yacht’s tanks. In practical terms, for captains and chief engineers this means that the fuel can sit within the tank during winter layups without the risk of bacteria growth that can delay refit periods and do serious damage to the yacht’s components.&nbsp;From a visual perspective, BFuture also reduces the black exhaust output that leaves an oily discharge on the aft of the vessel. That lack of black exhaust smoke also improved the guest experience when underway and when the generators are running. Then from the technical perspective, the yacht’s filters remain far cleaner than with conventional diesel, meaning less maintenance.&nbsp;As an ISCC EU Certified company, <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> provides yachts with sustainability declarations that they can use to measure the reductions they have made by opting for BFuture. For those discerning clients that are looking to reduce their carbon footprint, this certification is a tangible recognition of the reduction and allows captains to track their output. <img src="https://photo-assets.superyachttimes.com/photo/308260/image/large-74e8b4d7dd7bf749b5a732d7f43407b2.jpg" data-gid="gid://syiq/Photo/308260">Commitment to sustainabilityFor <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a>, the decision to brand BFuture is far beyond a marketing opportunity. The company has made a significant investment into creating a sustainable future for marine fuels and is dedicated to offering the best alternatives to diesel for the entire maritime sector. Fuelled by a passionate owner who is committed to sustainability, BFuture is just one step in <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a>’s strategy because the company recognises that in order for the sector to survive, alternatives to fossil fuels must be found.&nbsp;As yacht team manager Chris Warde says, “It is not a question of if, but when” and <a data-gid="gid://syiq/Company/6366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peninsula Petroleum Ltd (Company)">Peninsula</a> is clear on its commitment to be a trailblazer within the sustainable energy sector for the marine industry. BFuture has been developed to make the captain's decision to transition their yacht to a more sustainable fuel easier, to find out more about BFuture and its benefits for superyachts, reach out to the team now;

Peninsula launches BFuture luxury yacht fuel 

Marine bunkering company Peninsula launches BFuture sustainable marine fuel brand.

Peninsula redefines HVO fuel for the superyacht sector

The 60-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht <a data-gid="gid://syiq/Yacht/508" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mimi60.0m (196'10&quot;)Benetti SpA2008">MiMi</a> sold with Arto Horenyan of <a data-gid="gid://syiq/Company/7231" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Purom LLC (Company)">Purom</a> introducing the buyer, and Samuel Watts of <a data-gid="gid://syiq/Company/2396" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="37 South Yachts (Company)">37South</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/294081/image/large-4e07a6a02e013d40558fa141be28a7ba.jpg" data-gid="gid://syiq/Photo/294081">Delivered in 2008 by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, <a data-gid="gid://syiq/Yacht/508" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mimi60.0m (196'10&quot;)Benetti SpA2008">MiMi</a>, previously named Andreas L, exhibits an exterior design created in-house by her Italy-based builder, while her interiors stem from the drawing boards of the UK-based studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. <img src="https://photo-assets.superyachttimes.com/photo/97716/image/large-cba56da0feb3de9dc0bcad0ddda9b36a.jpg" data-gid="gid://syiq/Photo/97716">With a comfortable volume of 971 GT, a draft of 3.5-metres, and a beam of 10.4-metres, the vessel has plenty of room to accommodate up to 12 guests, thanks to her lavish six stateroom layout. <img src="https://photo-assets.superyachttimes.com/photo/97715/image/large-f0a4f77ba6334f8a97fd0c31c91450ae.jpg" data-gid="gid://syiq/Photo/97715">Furthermore, additional accommodation is provided for as many as 15 crew members, including <a data-gid="gid://syiq/Yacht/508" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mimi60.0m (196'10&quot;)Benetti SpA2008">MiMi</a>’s captain, in the form of eight crew cabins. <img src="https://photo-assets.superyachttimes.com/photo/97708/image/large-83718152aa1f16aac797d1b8bf1fcc30.jpg" data-gid="gid://syiq/Photo/97708">When it comes to the master stateroom, the sleeping haven reflects the same fashionably minimalistic aesthetic as the rest of <a data-gid="gid://syiq/Yacht/508" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mimi60.0m (196'10&quot;)Benetti SpA2008">MiMi</a>’s interiors, with a roomy king-sized bed and walls embellished with wooden panelling contributing to a cosy sense of luxury. Moreover, a private study designed for concentration allows owners to keep on top of their work while abroad.<img src="https://photo-assets.superyachttimes.com/photo/97710/image/large-1bff09ef772042385148c7bab8fda436.jpg" data-gid="gid://syiq/Photo/97710"> <img src="https://photo-assets.superyachttimes.com/photo/97711/image/large-9b05ce5b51ae46cb19fc6ca6e397d7a5.jpg" data-gid="gid://syiq/Photo/97711">One of the yacht’s most standout features is the lavish saloon’s integration between the indoors and outdoors living spaces. While standing on the main aft deck, guests can seamlessly step out of the exterior deck, reinforcing the soothing presence of the surrounding seascape.<img src="https://photo-assets.superyachttimes.com/photo/294098/image/large-a3c1c44b4f7409a40e787b4493289298.jpg" data-gid="gid://syiq/Photo/294098"> <img src="https://photo-assets.superyachttimes.com/photo/294099/image/large-ea65f908df1a711027abf326871edf5c.jpg" data-gid="gid://syiq/Photo/294099">Composed of a steel hull and aluminium superstructure, the motor yacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a relaxed cruising speed of 15 knots alongside a top speed of 16 knots. <img src="https://photo-assets.superyachttimes.com/photo/294078/image/large-dac9d56e03f6a6471fa05a7f88b822c5.jpg" data-gid="gid://syiq/Photo/294078">At the time of her sale, <a data-gid="gid://syiq/Yacht/508" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mimi60.0m (196'10&quot;)Benetti SpA2008">MiMi</a>’s last known asking price was €27,500,000. <img src="https://photo-assets.superyachttimes.com/photo/294080/image/large-ab3de227c55d282237b0ee5ce5bb7d20.jpg" data-gid="gid://syiq/Photo/294080">

60m Benetti yacht MiMi sold

The 60-metre Benetti superyacht MiMi sold with Purom introducing the buyer, and 37South representing the seller.


60m Benetti superyacht MiMi sold

The 42.75-metre <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> superyacht <a data-gid="gid://syiq/Yacht/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sofia 342.75m (140'3&quot;)Baglietto S.p.A.2007">Sofia 3</a> has been launched at <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>’s Viareggio shipyard following an extensive exterior refit conducted by <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>. <img src="https://photo-assets.superyachttimes.com/photo/310745/image/large-d3680c5dbed5981eeb8a0f26a9e5b2aa.jpg" data-gid="gid://syiq/Photo/310745">Originally delivered in 2007 as part of the <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> 42m series, <a data-gid="gid://syiq/Yacht/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sofia 342.75m (140'3&quot;)Baglietto S.p.A.2007">Sofia 3</a>, previously named Le Yana, has undergone a transformative refit to her exterior that saw a series of adaptations being made to her layout and several of her structural parts getting newly refurbished.&nbsp;Modifications to the vessel’s sundeck included fitting the convivial space with a new sofa and new teak deck, as well as revamping all outdoor ceilings with marine ply panelling. Additionally, the arrangement of the area has now been divided into two modules for a more flexible and comfortably livable experience. <img src="https://photo-assets.superyachttimes.com/photo/310695/image/large-07294cd88adedd4e5a455c8adb142f5c.jpg" data-gid="gid://syiq/Photo/310695">Where the yacht’s structure is concerned, her metal plates located in areas that make them susceptible to water damage have been swapped out in favour of sturdy, upgraded plates, while glazing was replaced in several areas, including the wheelhouse windows.<img src="https://photo-assets.superyachttimes.com/photo/310744/image/large-43e2138fb420b1b7d09150b94187058c.jpg" data-gid="gid://syiq/Photo/310744">Furthermore, the motor yacht’s hull, which is composed of steel, and her aluminium superstructure have both been freshly repainted, leaving her exterior silhouette with a new air of sophistication. Now, <a data-gid="gid://syiq/Yacht/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sofia 342.75m (140'3&quot;)Baglietto S.p.A.2007">Sofia 3</a>’s hull sports a refined dark grey colour, while her ceilings boast a paint job that resembles wood for a warm, unique feel. <img src="https://photo-assets.superyachttimes.com/photo/310746/image/large-02944f4718c7b4acd0311f3970539089.jpg" data-gid="gid://syiq/Photo/310746">With a new and improved exterior, <a data-gid="gid://syiq/Yacht/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sofia 342.75m (140'3&quot;)Baglietto S.p.A.2007">Sofia 3</a> is now ready to undergo her interior outfitting work based on designs by the Viareggio-based company La Mandragola.In terms of her performance, <a data-gid="gid://syiq/Yacht/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sofia 342.75m (140'3&quot;)Baglietto S.p.A.2007">Sofia 3</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 14.5 knots and a top speed of 16.5 knots. <img src="https://photo-assets.superyachttimes.com/photo/310743/image/large-448e0e4916afca3b6ba663bcbe54f1b3.jpg" data-gid="gid://syiq/Photo/310743">

43m Baglietto yacht Sofia 3 launched after refit 

The 42.75-metre Baglietto superyacht Sofia 3 has been launched at  Lusben’s Viareggio shipyard following an extensive exterior refit.

43m Baglietto superyacht Sofia 3 launched following extensive exterior refit 

The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival 2024</a> has drawn to a close, following an impressive lineup of yacht premieres from around the world. <img src="https://photo-assets.superyachttimes.com/photo/310685/image/large-5858564ede8354b80ab5204258991da2.jpg" data-gid="gid://syiq/Photo/310685">Taking place from 25 to 28 April at the ONE°15 Marina Sentosa Cove, the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> drew to a close after welcoming around 11,500 attendees, marking yet another successful year.SuperYacht Times were in attendance at this year’s show as a media partner, with the opportunity to view the 72 vessels on display, alongside the 75 exhibitors representing 115 global brands.Read:&nbsp;<a data-gid="gid://syiq/Article/60224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Everything you need to know about the Singapore Yachting Festival 2024 (2024-04-19 11:45:00 +0200)">Everything you need to know about the Singapore Yachting Festival 2024</a><img src="https://photo-assets.superyachttimes.com/photo/310689/image/large-c691c5a9990eb12784f99da9681f3d3f.jpg" data-gid="gid://syiq/Photo/310689">"As the organiser of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a>, I’m heartened by the tremendous support and positive feedback received by the yachting business community this year,” explained Arthur Tay, Chairman and CEO of SUTL Group of Companies.“With many who have expressed interest to return next year, we are committed to expanding the lifestyle offerings at the event, providing a holistic yachting and luxury experience for discerning visitors.”<img src="https://photo-assets.superyachttimes.com/photo/310684/image/large-bd4fcc63da036e477856daca19518a2c.jpg" data-gid="gid://syiq/Photo/310684">This year’s event saw an increase in attendees, with 25 percent more visitors than last year’s event. This remarkable turnout underscores the growing interest and demand for yachting in the region, with the event highlighting Singapore's emergence as a prominent yachting hub.“As part of our strategic growth in Asia, the 2024 <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> was an excellent opportunity to increase our brand awareness in the region and continue to grow our client base,” added Mark Elkington, CEO of <a data-gid="gid://syiq/Company/7153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Yacht Sales Co. (Company)">The Yacht Sales Co</a>.<img src="https://photo-assets.superyachttimes.com/photo/310687/image/large-a33ffd99fa147a27ff3d592a755124ac.jpg" data-gid="gid://syiq/Photo/310687">“Overall, we are very happy with the visitorship and number of orders taken at the event. We look forward to being part of next year’s festival with the aim to display a more comprehensive range of brands and models for visitors to explore.”The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> saw 72 vessels on display, with an array of premieres for both the show and the region, as well as exclusive experiences. Among the highlights were the Asian debut of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SD118, the first of its kind in Asia, alongside the <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> BGX73, the <a data-gid="gid://syiq/Company/2793" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairline Yachts (Company)">Fairline</a> Squadron 58, and the Southeast Asian premiere of the <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> BG42, each representing bespoke luxury and innovation in their respective categories.<img src="https://photo-assets.superyachttimes.com/photo/185071/image/large-4148d92f5711d8c4d9366059bb1d6fb4.jpg" data-gid="gid://syiq/Photo/185071">The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Festival</a> also included the opportunity to tour the 55.7-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> superyacht <a data-gid="gid://syiq/Yacht/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galileo55.7m (182'9&quot;)Perini Navi2011">Galileo</a>, the largest yacht at the show.&nbsp;“It was an honour for <a data-gid="gid://syiq/Yacht/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galileo55.7m (182'9&quot;)Perini Navi2011">Galileo</a> to participate in the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival 2024</a> as the largest yacht this year” commented Andreas Stader, Head of Marketing for <a data-gid="gid://syiq/Yacht/2496" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galileo55.7m (182'9&quot;)Perini Navi2011">Galileo</a>. &nbsp;“We took pleasure in the opportunity to engage with a vibrant community of clients, brokers, and suppliers from the Southeast Asian region.”<img src="https://photo-assets.superyachttimes.com/photo/310688/image/large-eb75e165ddbad795f23d8f9ef2454b3c.jpg" data-gid="gid://syiq/Photo/310688">The <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a> also expanded on its exhibitor categories this year to include private aviation, superyacht builders, luxury concierge, luxury cars and bespoke jewellery. As well as this, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, one of Asia's largest yacht sales and brokerage companies, celebrated its 40th Anniversary with the popping of a six-litre champagne bottle.“As every year since its inception, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> was delighted to be part of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a>, the company’s first official event since our strategic new chapter began with the recent acquisition by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and the retirement of Mike Simpson,” commented Richard Allen, Chief Operating Officer of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>.<img src="https://photo-assets.superyachttimes.com/photo/310686/image/large-1668aa6f36c4ebc1b574b1a20486fc23.jpeg" data-gid="gid://syiq/Photo/310686">“This event provides an ideal platform to showcase our exceptional range of yachts and services while connecting us with yacht owners and customers attending the show from all over Asia. As Asia’s main yachting event, it’s an unmissable yearly rendezvous for visitors looking to discover more about boating and access this one-of-a-kind lifestyle. We are looking forward to the next one.”Plans are already underway for the 2025 edition of the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Singapore Yachting Festival</a>, which will be held from 10 to 13 April. The show will take place with later show hours to accommodate for more comfortable weather conditions, with land expansion plans to extend the <a data-gid="gid://syiq/Event/222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Singapore Yachting Festival - 2024">Festival</a>'s offerings to include categories such as waterfront properties, luxury watches, jewellery, marine equipment.

Singapore Yachting Festival 2024 concludes

The Singapore Yachting Festival 2024 has drawn to a close, following an impressive lineup of yacht premieres from around the world. 

Singapore Yachting Festival celebrates 25% growth in 2024

While it may be true that the shipyard phase currently accounts for just one to three percent of a vessel’s carbon footprint, that will change with the advent of fossil-free fuels. Amidst the energy transition, shipyards are gradually switching on to the need to implement more comprehensive sustainability solutions in their operations, business practices and yard infrastructures.There have been some high-profile developments in recent months. <a data-gid="gid://syiq/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a> has announced a plan to install solar panels across five of its sites in Italy, generating a total of 10 megawatts to reduce energy draw on the national grid by 11GWh annually. <a data-gid="gid://syiq/Company/1757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palumbo Superyachts (Company)">Palumbo</a> has installed solar panels at its Malta yard, a wind turbine at its Naples facility and aims to achieve full sustainability across its seven shipyards by 2030. <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> in the Netherlands, <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> in France, and <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City Marina &amp; Shipyard</a>in Australia are all assessing eco solutions from rainwater collection to wastewater treatment. However, harvesting renewable energy or paying more attention to recycling is only a fraction of what’s involved in greening a shipyard.Case study: The new-build yard &nbsp;With a workforce of over 3,000 employees across five sites, <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> has a significant economic and industrial impact on the city of Plymouth in the UK. The company is taking its commitment to sustainability very seriously by re-assessing every facet of its operations with the aim of increasing efficiency and reducing costs, which makes for a compelling business case. Overseeing this sustainability drive is Laura Parry, who joined <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> in 2020 as Environmental &amp; Compliance Manager. Since then she has seen her role grow exponentially.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/310000/image/large-1527d40e4e81c2d2905f4c4ee4346cc8.jpg" data-gid="gid://syiq/Photo/310000">“I started off as the sole person within the company with this focus, assisting the health &amp; safety department,” she says. “I now have an intern from the city’s university and two environmental sustainability business partners who work across all five sites.”That extra help is needed: the policies that <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> is investing in and that Parry is overseeing are extensive, and potentially transformative for the business. It starts with ISO compliance, in particular standards 9001 (quality), 14001 (environmental management system) and 45001 (health &amp; safety). Standard 14001, especially, is about continual improvement, which is monitored internally but also audited annually by <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyd’s Register</a>. Coupled to this has been an investment by KPS Capital Partners, the American private equity company that became the new owners of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> in February 2023.<img src="https://photo-assets.superyachttimes.com/photo/310002/image/large-67497365ffbc44949c7059c3b71c4ba4.jpg" data-gid="gid://syiq/Photo/310002">“The new &nbsp;shareholders are very keen on environmental sustainability and we have a good plan of action for 2024,” says Parry. “There is a clear focus on sustainability from the top, which really helps our cause.”In addition, a university PhD student is making a complete lifecycle assessment of one model line, literally deconstructing it to analyse every aspect of the construction from the nuts and bolts to energy waste.“Without that we could put our finger in the air and say we think our biggest impact is waste management, but the truth is we don’t know,” admits Parry. “What this LCA will do is point us in the right direction with qualitative and quantitative data. It’s already led us to tweak and change our operations.”<img src="https://photo-assets.superyachttimes.com/photo/258136/image/large-1a5b771835acfb06005cd285755181e3.jpg" data-gid="gid://syiq/Photo/258136">The end goal is to move the shipyard from a linear to a circular economy and address end-of-life issues, particularly as the yard builds in GRP, by working with its procurement team to go back to the roots of the supply chain.“That’s not only for our own good; it’s also supporting other people to be on that journey, because that’s how you inspire people, by taking them on the journey with you,” says Parry. “Working with your suppliers is really where it all starts.”<img src="https://photo-assets.superyachttimes.com/photo/310003/image/large-170fa1e30cbba074b8d52f3fb02f7dc3.jpg" data-gid="gid://syiq/Photo/310003">Managing infrastructure&nbsp;Tangibles that can be quickly addressed include reducing waste-to-landfill, shifting waste-to-energy partners from 50 kilometres away to a local plant, increasing recycling, sourcing eco-material alternatives and looking at how to reduce waste by using material off-cuts for other purposes. <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> runs a digital waste dashboard that allows Parry to monitor positive or negative change in waste management and reduction.&nbsp;“For any company, it’s about working in collaboration with different departments,” she advises. “I might have the technical expertise, but without the support from the rest of the business we would not have seen the progress made so far.”These studies have led to some unexpected changes in best practice. The yard uses Crestomer structural adhesive extensively, for example, but then has to handle the responsible disposal of the packaging. <img src="https://photo-assets.superyachttimes.com/photo/309998/image/large-708efe6fda18444b60cf35d6486c9292.jpg" data-gid="gid://syiq/Photo/309998">“When we looked into the disposal compliance, because it’s hazardous waste, we discovered that the liners weren’t being properly squeezed out, which meant a considerable amount of wasted product,” Parry points out. “So by improving compliance we actually made financial savings. Those savings for a large boatbuilder can easily equal tens of thousands of euros just through recovered product.”Similar gains can be made in other areas. The company has undertaken remedial works to remove air leaks, which will deliver significant annual cost savings, and completion of the transition to LED lighting in all the production areas is expected to deliver a six-figure saving.&nbsp;“We’re also looking at a centralised compressor plant at one of our biggest sites to improve running and efficiency,” adds Parry. “It’s quite an investment in infrastructure, but it improves efficiency and will mean we become smarter in how we operate. We’re also adding photovoltaics to the sheds, and biomass heating was commissioned in 2022.”Case study: The refit yard&nbsp;Operating as a refit shipyard presents its own set of challenges, because you’re not working on vessels from raw material to finished product, or at least not with the same degree of control over the process that a new-build yard has. However, refit offers other opportunities to reshape the sustainability landscape across the industry.<img src="https://photo-assets.superyachttimes.com/photo/261593/image/large-9a3563c54f6a32b0b53c0e0fd713e509.jpg" data-gid="gid://syiq/Photo/261593">“Shipyards can do two things – one is what you are doing as a business, and the other is what you’re implementing on the assets you are working on,” says Txema Rubio, Commercial Director at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a>. “A new-build yard can choose the type of propulsion, the materials, et cetera. In refit it’s a completely different story, but we have an important role to play, because at the end of the day we’re receiving an asset and we’re being asked to improve it.”<a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> was an early adopter of sustainability and has been proactive in sourcing solutions. For the yard element, installing solar panels on the shed roofs has been one aspect, but equally important is where the rest of their power comes from. Its Barcelona shipyard, for example, has an agreement with the energy provider that all its electricity comes from renewables, which ties in with new yard policies that all yachts in the yard must use shore power – running diesel generators is no longer allowed. <img src="https://photo-assets.superyachttimes.com/photo/310004/image/large-9a69ef2fe6ee15eb59947cc683e97d8d.jpg" data-gid="gid://syiq/Photo/310004">Similarly, yachts can only be painted on hardstanding, not afloat. Hardstanding is a much higher cost per day than berthing and that means telling clients that if they want to have a paint job at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> they will have to pay at the hardstand rate, not the berthing rate.&nbsp;“We lost a lot of clients in the beginning, but now clients understand why we have that policy,” says Rubio. “It means the yard has much more control over everything, from water treatment to prevention of leaks and spills, and it ties in to other yard infrastructure and machinery investments that contribute to reducing the environmental impact of every aspect of the yard and its operations.”<img src="https://photo-assets.superyachttimes.com/photo/261590/image/large-47d097ce0549707640f987792763b9e0.jpg" data-gid="gid://syiq/Photo/261590">These measures include water treatment plants that treat everything, even rainwater, before it gets discharged, and Sea Bins that skim plastics and other debris from the harbour water before they can reach the open sea. When the new ship lift was built at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, they received permission to use HVO in all the machinery, which means a 90 percent reduction in carbon emissions.&nbsp;When it comes to the business side, Rubio says there is a more fundamental driver than simply return on investment. <img src="https://photo-assets.superyachttimes.com/photo/310005/image/large-750953a2d3d77376b37db5ef5052f61c.jpg" data-gid="gid://syiq/Photo/310005">“There’s no choice, we cannot not do it, so doing it quicker gives you an advantage and you are a leader,” he maintains. “Plus if we don’t take care of our playground, the sea, then we have nothing to sell to our clients. The amount of investment, the percentage of your revenue you apply to that, I think is different in each case. We’re investing a lot and we’re making business decisions because we truly believe it’s the future. And finally, as an industry, we need to get away from greenwashing.”Moreover, Laura Parry from <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> believes it is important to look outwards as well as working from within the company.“I think it’s essential to work with as many groups and organisations as we can, because at the end of the day I want to be transparent – and if I can make savings within our organisation, why wouldn’t I want to share that with other organisations?” she asks. “Environmental sustainability shouldn’t be competitive; it should be about sharing ideas and best practice.”<img src="https://photo-assets.superyachttimes.com/photo/261589/image/large-844516863426db0a2dbcb00315568607.jpg" data-gid="gid://syiq/Photo/261589">Financial incentivesThere is another element of policy at <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> that delivers financial benefits and links to energy efficiency. The voluntary Climate Change Agreement (CCA) scheme, established in 2001 as part of the UK's overall commitment to reducing CO2, aims to make energy and carbon savings through energy efficiency targets whilst also helping maintain competitiveness by reducing energy costs in eligible industrial sectors.“Businesses pay a climate change levy, but there are potentially &nbsp;huge financial savings to be had by applying and committing to those agreements,” Parry explains.<img src="https://photo-assets.superyachttimes.com/photo/23326/image/large-5be28ad1b004ce8702a6c6018867d752.jpg" data-gid="gid://syiq/Photo/23326">There is a list of eligible activities that a company can review, and if a site represents 70 percent of that activity it can apply to for an agreement. In <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>’ case, it was surface engineering due to the laying up of the hulls and decks. They surveyed the sites and determined the relevant facts and figures, which were signed off by the Surface Engineering Association and then the Environment Agency, and the result is a reduction in tax. The financial impact can be considerable – well into six figures for businesses the size of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.People powerLike at <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>, Txema Rubio believes it is important to have someone within the company who is focused solely on the sustainability aspect and can support all departments. “That’s a real game-changer,” he says, “because it helps to have small initiatives at every single level of the company.”It extends beyond the obvious measures like increasing recycling to more advanced strategies for a circular economy. The yard’s procurement department together with a sustainability coordinator is checking what the industry can offer in terms of new interior materials, and it is inviting sub-contractors to find and promote new ideas and facilitate conversations.<img src="https://photo-assets.superyachttimes.com/photo/309999/image/large-3e762ac0105ee46b8ea7b680367ff8ac.jpg" data-gid="gid://syiq/Photo/309999">It is also manifested in initiatives such as the group’s Refit for the Future service launched in April 2023, which aims to assist owners looking to reduce the environmental impacts of their yachts through the application of the latest tech to drive sustainability.&nbsp;“We explain to crews and owners more the concept of transition and that the sustainability path is not a one or a zero – there will never be the perfect final solution for an asset built 15 years ago,” Rubio says. “But that doesn’t mean you can’t improve things.”

Green shipyards: A major step in sustainable yachting? 

Charlotte Thomas explores methods used by shipyards to reduce their carbon footprints in a landscape of environmentally conscious yachting. 

Green shipyards: A major step towards yacht sustainability?

<a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> has announced the launch of the third 49.95-metre Mangusta 165 REV superyacht at the Viareggio shipyard in Italy. <img src="https://photo-assets.superyachttimes.com/photo/310638/image/large-c4d1411ed2a7fd45df8686005382f4ae.jpg" data-gid="gid://syiq/Photo/310638">Developed jointly by <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a>’s Engineering Department and renowned design studio <a data-gid="gid://syiq/Company/1124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lobanov Design (Company)">Lobanov Design</a>, with interior design by <a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">m2atelier</a>. Her slender, dynamic lines draw inspiration from 1930s sports cars and showcase her elongated bow and low profile.The sale of the third hull of the Mangusta Maxi Open flagship was managed directly by Mangusta Sales Manager Nicolò Strocco.Designed with rounded and curved shapes, the Mangusta 165 REV yacht showcases a classic and timeless silhouette that stays true to the Mangusta Yachts DNA, while cleverly concealing her 499 GT interior volume.The third Mangusta 165 REV yacht features large side windows in her main saloon, with an additional glazed strip that goes up to the ceiling, illuminating the room in natural light. Her two side windows also open onto two fold-down balconies, offering a breathtaking view of the sea and letting the sunshine pervade the entire area.The Mangusta 165 REV superyacht can sleep up to 10 guests across five luxurious staterooms. Her two level light-filled master suite spans 92 square-metres and includes floor-to-ceiling windows integrated into her hull.The lower deck of the Mangusta 165 REV yacht has been designed with holistic health and relaxation in mind, with the addition of a large Turkish bath and a gym. This deck also houses a full-beam VIP suite and three guest staterooms.&nbsp;The exterior decks of the Mangusta 165 REV include a generous forward area, furnished with sofas, comfy sunpads, and a pool. The sun deck also offers comfortable sofas and a bar, providing the perfect spot to sip a cocktail at sunset.Located at the stern on the lower deck of the Mangusta 165 REV yacht, the aft door opens to reveal a beach club conceived as a fully-equipped lounge area by the sea, with the tender garage on one side. This space is capable of accommodating a six-metre tender and two Jet Skis.The Mangusta 165 REV superyacht’s impressive performance is made possible by four <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls Royce</a> 2,600 horsepower engines, coupled with 4 <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg</a>-<a data-gid="gid://syiq/Company/6992" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kamewa (Company)">Kamewa</a> waterjets to push her to a maximum speed of 35 knots.&nbsp;A huge amount of care has also been taken surrounding fuel consumption, which paired with an equal speed, has been reduced by around 30 percent against the previous series.The third Mangusta 165 REV yacht will delivered to her owner at the end of June and will then spend the summer cruising the Mediterranean sea.

Third 50m Mangusta 165 REV yacht launched

Overmarine has announced the launch of the third 49.95-metre Mangusta 165 REV superyacht at the Viareggio shipyard in Italy. 