<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has signed a letter of intent to acquire 100 percent of the brokerage and charter company <a data-gid="gid://syiq/Company/2790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Equinoxe Yachts International (Company)">Equinoxe</a>. This acquisition is just one part of the Italian shipbuilder’s new package of services that will bolster the “<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> experience”.<img src="https://photo-assets.superyachttimes.com/photo/228548/image/large-5a307dbfee80525db2ed6d70270e61b2.jpg" data-gid="gid://syiq/Photo/228548">Founded in 1986, the brokerage company <a data-gid="gid://syiq/Company/2790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Equinoxe Yachts International (Company)">Equinoxe</a> has 30 years of experience in the sale and charter of superyachts. It has sold over 400 yachts and represented over 1,500 yachts spread over 30 different destinations across the world’s seas. <a data-gid="gid://syiq/Company/2790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Equinoxe Yachts International (Company)">Equinoxe</a> is now exploring new markets from Asia to South America. <a data-gid="gid://syiq/Company/2790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Equinoxe Yachts International (Company)">Equinoxe Yachts</a> is an MYBA and a CYBA member.The charter program will be dubbed the “<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Charter Fleet” and will provide an avenue for Sanlorenzo owners to enlist their yacht into the charter fleet, while simultaneously allowing new and potential clients an opportunity to charter different <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> models. <img src="https://photo-assets.superyachttimes.com/photo/60009/image/large-336f0a4043e2b0ceec81d0afae33a151.jpg" data-gid="gid://syiq/Photo/60009">“The charter business has particular importance, especially as it has experienced a strong expansion during periods of contraction in the demand for new yachts and retains a high potential to be expressed,” <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> stated. “This proposal arouses particular interest from customers, who can take the opportunity to include their yacht in a program they can rely on as it is managed by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> ”.<img src="https://photo-assets.superyachttimes.com/photo/223891/image/large-00b205e47296d9118741231feabd081f.jpg" data-gid="gid://syiq/Photo/223891"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, led by Massimo Perotti, will soon enter into the superyacht sales and charter business. This deal will see the day of light by the end of 2022.

Sanlorenzo acquires Equinoxe

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Massimo Perotti Sanlorenzo CEO

Sanlorenzo has acquired the brokerage and charter company Equinoxe as part of its roadmap to enhance the Sanlorenzo experience. 

Sanlorenzo to offer charter following acquisition of Equinoxe

<a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a> has acquired a majority stake in <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells Modern &amp; Classic Boatbuilding</a>. The two companies have a history of collaboration, with <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> frequently commissioning <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells’</a> bespoke tenders for their superyachts.<img src="https://photo-assets.superyachttimes.com/photo/252182/image/large-cfa3304da729f261581eefa853bd109d.png" data-gid="gid://syiq/Photo/252182"><a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells Modern &amp; Classic Boatbuilding</a>, established by Dave Cockwell, who now serves as its Sales and Technical Director, has expanded significantly over 28 years.The company manufactures both Duchy and Hardy semi-production vessels as well as bespoke superyacht tenders.Commenting on this strategic development, Dean Short, Managing Director of <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a>, stated: "<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> has been actively seeking support in the marine sector to advance to the next phase of our business plan, which includes the production of this year’s new model, the Duchy 45. Being Falmouth-based like us, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> is ideally positioned to provide that support. We are delighted to be moving forward with them."The <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a> comprises several distinct entities: <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a>, a superyacht service facility located in Falmouth; <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> Vilanova, a Mediterranean marina and Technical Service Centre near Barcelona; and Norfolk Interiors, a manufacturer specialising in luxury bespoke interiors.Discussing the reasons for acquiring a majority stake, Toby Allies, Managing Director of the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a>, explained: "<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> shares many of the values integral to the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a> and serves many of the same customers and contacts. Partnering with <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> will broaden our offerings to our client base within the superyacht sector." He added, "<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a>’ activities complement our core group strategy. With the company’s robust forward order book and ambitious expansion plans, we are excited to welcome Cockwells to the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a>."Regarding the acquisition Dave Cockwell remarked: “Over the past 28 years, we have grown from renting a tiny space in Underfall Boatyard in Bristol with one apprentice, to operating three sites in Cornwall with more than 140 employees. I am delighted that we are joining forces with the <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Group</a>. With the backing of an established global superyacht brand, <a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> will grow further and meet the demands of our ever-increasing client base.”<a data-gid="gid://syiq/Company/5735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cockwells (Company)">Cockwells</a> will continue to operate independently with the existing management team headed by Managing Director, Dean Short with Dave Cockwell retaining his role of Sales and Technical Director.

Pendennis Shipyard acquires majority stake in Cockwells Modern & Classic Boatbuilding

Pendennis Shipyard has acquired a majority interest in Cockwells Modern & Classic Boatbuilding.

<a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> President Leonardo Ferragamo has released a new statement following <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s acquisition of the company.&nbsp;On 1 August 2024, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> <a href="https://www.superyachttimes.com/yacht-news/sanlorenzo-buys-nautor-swan" target="_blank">announced that they were buying Nautor Swan</a>. The following day, they announced they had<a href="https://www.superyachttimes.com/yacht-news/sanlorenzo-first-closing-nautor-swan-acquisition" target="_blank">&nbsp;completed their first closing</a> of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> acquisition. In the statement, Ferragamo highlights his love of the work he has put into making <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> what it is today.&nbsp;“It is an important time for <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> this year as we have come to an agreement with the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo Group</a>. I cannot tell you enough how much I have always loved, respected, and put all my endeavours into making <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> what it is today.”<img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">He stated that he aims to ensure the longevity of the brand by entrusting it with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to continue to propel it forward:“I will remain a significant shareholder of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> for some years to come, as I want to ensure the transfer of culture, experience, and competence to the new course of our company, definitely enhancing the trust that so many sailors around the world have placed in our hands.”The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a> comprises 13 companies across seven countries: Finland, Italy, Spain, Monaco, the United Kingdom, the United States, and Australia. Specialising in the design, construction, sale, and refitting of sailing yachts, the brand also builds motor yachts under the Shadow and Arrow brands.“I’m very confident that with this alliance, we will be able to reach the many potentialities our company has, which we have built with unique passion and dedication over the years,” added Leonardo Ferragamo.<img src="https://photo-assets.superyachttimes.com/photo/302095/image/large-5c81b855a83c4129bca77da30b2ee896.jpg" data-gid="gid://syiq/Photo/302095">Giovanni Pomati, CEO of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, also asserted that this agreement is “very positive”. He goes on to acknowledge that this partnership will aid <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> to “enhance investments in Engineering, Operations and Commercial to achieve more outstanding performance in innovation, technology, operational efficiency and market penetration”.

Nautor Swan statement on acquisition by Sanlorenzo 

Nautor Swan President Leonardo Ferragamo has released a new statement following Sanlorenzo’s acquisition of the company.

Nautor Swan issues statement on acquisition by Sanlorenzo

<a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">North Technology Group (NTG)</a> has announced an expansion of its marine portfolio, with the addition of two new brands, <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> and Quantum Sails.While <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a>, which was founded in 1957 with <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>, includes a varied portfolio of businesses within the sailing and maritime lifestyle sector, <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle</a> and Quantum, will each continue to operate independently, maintaining distinct brand identities and competing for market share.&nbsp;This means both businesses are set to oversee their own lofts, sales and marketing teams, as well as product suites, as the <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> ownership supplies the brands with financial security, flexibility, and resources for bettering their sailors’ experiences.<img src="https://photo-assets.superyachttimes.com/photo/321862/image/large-0557f539fbc4608cc9e4eae4588ee432.jpg" data-gid="gid://syiq/Photo/321862">“<a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> are long-term supporters of sailing. We want to grow the sport by investing in skills and innovation, by supporting new technologies in sailmaking, and by committing to accomplishing all this in a sustainable way. In <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle</a> and Quantum, we have found two brands and businesses that support our values and goals. We're pleased to be partnering with Mike, Ed, and their teams, as we work together to promote the future of the sport we love so much,” NTG Chairman Peter Dubens remarked.&nbsp;Moving forward, Quantum Sails will still be led by Ed Reynolds and Andrew Scott, while Doug DeVos’ involvement in the business and investment in <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> is expected to continue. As for <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a>, the brand which is dedicated to sailors and sailmakers, will continue to be led by Mike Sanderson.&nbsp;<a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> CEO Mike Sanderson commented: “After eight years at the helm, the decision for <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> to combine forces with <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> was a ‘no-brainer’ for David Duff, Richard Bouzaid and me. It ensures the longevity of the brand we are so committed to; it will keep challenging innovation in sailing, and it brings significant opportunities for our team, sailors, and customers. I could not be more excited about leading Doyle Sails into the next chapter and chasing the next challenge.”“<a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">North Technology Group</a> is passionate about the sailing industry, and with big ambitions and a relentless drive we are continuously evolving. We see a real opportunity for growth and development by bringing <a data-gid="gid://syiq/Company/2956" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sails NZ Ltd (Company)">Doyle Sails</a> and Quantum Sails into the <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> family. We look forward to welcoming their customers and our new colleagues on this journey,” <a data-gid="gid://syiq/Company/7798" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Technology Group (Company)">NTG</a> CEO Sam Watson concluded.&nbsp;

North Technology Group adds brands Doyle Sails and Quantum Sails

North Technology Group (NTG) has announced their expansion of their marine brands with the addition of Doyle Sails and Quantum Sails.

North Technology Group joins forces with Doyle Sails and Quantum Sails

Today <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has completed their First Closing of their acquisition of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, in accordance with the transaction outlined by the press release disclosed on 1 August, which defines their economic terms.&nbsp;As of today’s First Closing, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has paid the cash portion of the €32,354,734.71 equal price equal to €32,354,734.71. The global brand has also transferred €16,177,367.36 in escrow, to be released simultaneously with the Capital Increase reserved to Sawa, which is the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> owning company.<img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">When it comes to <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s share price for the payment in shares, equal to the arithmetic average of the stock exchange closing prices in the previous 30 calendar days, the value has been calculated at €38.4727, which would imply the issuance of 420,489 shares in favour of Sawa, in view of the First Closing amount equal to €16,177,367.36 to be paid in shares.Read: <a data-gid="gid://syiq/Article/61155" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo to buy Nautor Swan (2024-08-01 08:30:00 +0200)">Sanlorenzo to buy Nautor Swan </a>Furthermore, the companies of the acquisition perimeter, which is "<a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a>", generated in FY2023, on an aggregated basis, Net revenues from the sale of new yachts amounting to approximately 10% of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo Group</a>’s net revenues new yachts in FY2023.This valuation of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan Group</a> takes into account EBITDA prospects as resulting from the analysis and elaboration of acquired financial information, along with potential synergies.

Sanlorenzo completes first closing of Nautor Swan Acquisition

Today Sanlorenzo has completed their First Closing of their acquisition of Nautor Swan.

<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has issued a statement, following the open letter that was sent to its shareholders by Island Capital Group.<img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-9384651b02a3c3b8b113c3d33254dc31.jpg" data-gid="gid://syiq/Photo/265731">The open letter proposed an acquisition of 100 percent of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s Yachting and Marina Related Services, including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, <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>. The letter was sent by former <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> founder, Andrew Farkas, who expressed his concerns over the company’s management and strategic direction since its acquisition by MarineMax in 2022.<a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> was sold to <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> for $480 million, with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> existing management team continuing to lead the growth and operations of the business. Farkas detailed several concerning developments since <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s integration into <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, stating that the company had not benefitted from the acquisition.&nbsp;Read: <a data-gid="gid://syiq/Article/60986" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas Founder proposes acquisition of IGY, Fraser, and Northrop & Johnson from MarineMax (2024-07-11 10:30:00 +0200)">IGY Marinas Founder proposes acquisition of IGY, Fraser, and Northrop &amp; Johnson from MarineMax</a><img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-ca20ccc1813073a1b2aa9dfbcd755ab5.jpg" data-gid="gid://syiq/Photo/265732">In the statement published online, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>’s Board of Directors emphasised its commitment to evaluating genuine opportunities that enhance shareholder value. The Board stated, "We are always open and responsive to input from key stakeholders and have spoken with Island Capital Group on several occasions. The company will continue to make decisions and take actions that we believe are in the best interest of the company and our shareholders."<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates in over 130 locations worldwide, including 83 dealerships and 66 marina and storage facilities. The company’s integrated business encompasses several brands and services including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, Cruisers Yachts, and Intrepid Powerboats.This is not the first proposal that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has received, with <a data-gid="gid://syiq/Article/60633" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater issues statement over MarineMax acquisition rumours (2024-06-03 16:30:00 +0200)">rumours circulating last month</a> that its rival <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> had made an "all-cash, $40-a-share offer" for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, following months of private discussions. However, following on from these comments, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> issued a statement that they "do not comment on market rumours or speculation," leaving the option for a potential acquisition uncertain.

MarineMax responds to Island Capital Group's acquisition proposal

MarineMax has issued a statement, following the open letter that was sent to its shareholders by Island Capital Group.

MarineMax issues statement following proposed acquisition by Island Capital Group

Yachting publication <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> has announced its acquisition by <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a>. While we typically refrain from covering news about our competitors, the acquisition is a significant event in the yachting industry.<img src="https://photo-assets.superyachttimes.com/photo/99271/image/large-21a834fc98095b75b983b634aab2fdbf.jpg" data-gid="gid://syiq/Photo/99271"><a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a> organises trade shows and conferences across various industries, with this acquisition acting as an extension of its current yachting portfolio, which includes the <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>, Fort Lauderdale International Boat Show and Palm Beach International Boat Show.It remains unclear whether <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a> will closely integrate their yachting events with <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> and how this might affect the media partnerships that other media companies, such as SuperYacht Times, currently have with these events.A statement posted on the <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> website stated that Stewart Campbell will remain Editor-in-Chief and <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> Media will have the same management team. This includes Toby Moore as Chief Executive and Tony Euden as Chief Operating Officer, while John Paton will also continue as Chair of the Board.According to <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> Media, the company and its subsidiaries, including IBI and Dockwalk, will maintain their distinct brands and complete editorial independence, while utilising <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a>'s specialist media expertise.Speaking about the acquisition on the <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> website, CEO Toby Moore said: "We are excited to start working with <a data-gid="gid://syiq/Company/5342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Informa (Company)">Informa</a>. We share a vision and enormous optimism about <a data-gid="gid://syiq/Company/344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boat International (Company)">BOAT International</a> Media's future, which will benefit from Informa’s experience and investment in specialist media brands and platforms.”

BOAT International acquired by Informa 

Informa has announced the acquisition of yachting publication Boat International. 

MYS and FLIBS organiser acquires BOAT International

Australia-based charter and brokerage company <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> has announced the acquisition of the yacht booking service company Floatspace. The strategic move plans to strengthen <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>’s commitment to provide clients with an instant and seamless booking service.<img src="https://photo-assets.superyachttimes.com/photo/315574/image/large-81cb6d62ff184e62ec3a6fb5e905e959.jpg" data-gid="gid://syiq/Photo/315574">Floatspace is focused on making bookings more accessible, by offering fully automated bookings for entry-level party boats. The acquisition means that <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> can service the entire charter market digitally and automated, offering clients with a comprehensive solution across the spectrum.“The two businesses complement one another very well. Although having come at the market from opposite ends, both delivered excellent traction and growth, meaning combining the two would result in a force to be reckoned with,” commented Hugh Treseder, Founder and CEO of Floatspace.<a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> is no stranger to acquisitions, in July 2023 they <a data-gid="gid://syiq/Article/58050" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club acquires stake in Ray White Marine brokerage firm (2023-07-10 09:30:00 +0200)">announced that they had acquired a stake in the brokerage firm Ray White Marine</a>. The acquisition allowed <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> to actively focus on the sale of superyachts, with their current portfolio standing at just under 45 yachts for sale.&nbsp;Read: <a data-gid="gid://syiq/Article/58355" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A powerhouse is born: Brock Rodwell on the merger of Ahoy Club and Ray White Marine (2023-08-17 17:30:00 +0200)">A powerhouse is born: Brock Rodwell on the merger of Ahoy Club and Ray White Marine</a><img src="https://photo-assets.superyachttimes.com/photo/315576/image/large-545078db0307b14bacfb9132069f98e9.jpg" data-gid="gid://syiq/Photo/315576"><a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a> began with a global focus, aiming to revolutionise the yacht charter industry globally. Due to the COVID-19 pandemic, they have honed in on the Australian Day Charter market, focusing on luxury day charter yachts.“Clients today are empowered with extensive knowledge, conducting their own thorough research,” explained Ellie Malouf, CEO of <a data-gid="gid://syiq/Company/5102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahoy Club (Company)">Ahoy Club</a>. “For charters, they often know what they want, when they want it, and seek the convenience of booking that instantly. Clients now expect similar experiences in the yachting industry as they do with other premium services.”<img src="https://photo-assets.superyachttimes.com/photo/315575/image/large-cc19f4b74826b8fa1b4521404ac14880.jpg" data-gid="gid://syiq/Photo/315575">Floatspace enables clients to effortlessly select their desired yacht, date, time, and any additional requirements. The advanced technology automatically updates the yacht's calendar and generates charter contracts for all parties involved.“We've gone to a fabulous new home and having had some healthy rivalry over the years, we can now turbocharge things. I'm proud, as this was no easy journey,” added Hugh Treseder.&nbsp;

Ahoy Club acquires Floatspace

Ahoy Club has announced the acquisition of the yacht booking service company Floatspace.

Ahoy Club acquires yacht booking service Floatspace

According to online news publication Bloomberg, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> is in talks to acquire its larger rival <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-9384651b02a3c3b8b113c3d33254dc31.jpg" data-gid="gid://syiq/Photo/265731">The US-based news company alleged that <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has made an all-cash, $40-a-share offer for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, following months of private discussions. Bloomberg also reported that according to unnamed sources, the combined company would be valued at about $2.5 billion, including debt.However, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has issued the following statement on the rumoured acquisition: “As a matter of policy, we do not comment on market rumors or speculation. <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> is a highly disciplined and seasoned acquirer within the fragmented boating industry.”<img src="https://photo-assets.superyachttimes.com/photo/184954/image/large-cb047084464f2702c524eb07295a896c.jpg" data-gid="gid://syiq/Photo/184954">“Since 2014, we have successfully executed more than 30 acquisitions that have contributed to increased shareholder value. This strong track record is anchored by our ability to meaningfully expand EBITDA of acquired companies through expeditious synergy realisation.”<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> is one of the largest and fastest-growing premium marine retailers in the United States. <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> operates a total of 96 retail locations, 10 distribution centres and warehouses and multiple online marketplaces in 18 different states, several of which are in the top twenty states for marine retail expenditures.<img src="https://photo-assets.superyachttimes.com/photo/184959/image/large-4c195ac54d5c6528b5d5e0756609d9dc.jpg" data-gid="gid://syiq/Photo/184959"><a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates in around 130 locations, including 83 dealerships, 66 marina and storage facilities, and also owns the brokerage firms <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> and <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>. In addition, <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> has grown over the years with the acquisition of companies such as <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">Superyacht Management (SYM)</a>.&nbsp;If the two companies were to join forces, the combination would result in significant cost savings and long-term earnings growth. <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a> is no stranger to takeovers, with the acquisition of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> taking place in 2022 and the closing of &nbsp;Garden State Yacht Sales last month.Read: <a data-gid="gid://syiq/Article/54952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine finalises acquisition of Denison Yachting (2022-04-12 16:00:00 +0200)">OneWater Marine finalises acquisition of Denison Yachting</a><img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-ca20ccc1813073a1b2aa9dfbcd755ab5.jpg" data-gid="gid://syiq/Photo/265732">“<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a> has a strong balance sheet and will continue to prioritise judicious capital allocation and maintain appropriate levels of leverage while evaluating strategic opportunities, enabling us to ensure the short-term, medium-term, and long-term viability of our business,” added <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>.“Management and the Board of Directors are extremely focused on preserving and enhancing shareholder value. They are squarely aligned with shareholders, given that insiders collectively hold a 17 percent interest in the company.”SuperYacht Times has also reached out to <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> for a comment on the rumours.

OneWater in talks to acquire MarineMax  

OneWater Marine has issued an official statement following rumours online of talks to acquire its larger rival MarineMax.

OneWater issues statement over MarineMax acquisition rumours

In January, <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> announced that it had to enter a restructuring phase, stating that it had to transition from a 'founder-funded entity to an investor-funded one, led by experienced industry professionals." The company has now completed its restructuring, with German-American investor and <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> client Michael Said having acquired the shipyard out of administration to fund the construction of all in-build projects. <img src="https://photo-assets.superyachttimes.com/photo/308337/image/large-812058c3c2553e503fd4e90ebb28dd38.jpg" data-gid="gid://syiq/Photo/308337">The company has also put a new management team in place, led by the new CEO Fabrizio Iarrera, formerly of both <a data-gid="gid://syiq/Company/4387" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monte Carlo Yachts (Company)">Monte Carlo Yachts</a> and Dolce Vita Yachts. Iarrera will run day-to-day operations with support from Michael Said and a board of shareholders. Steve Bell, a veteran manager from manufacturing businesses, has agreed to serve as Vice Chairman of this board and together, they will oversee the new business and assist the new management team to achieve growth.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/308325/image/large-34efb50e8a582c4756be751867e7f036.jpg" data-gid="gid://syiq/Photo/308325">New CEO Fabrizio Iarrera commented, "<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> is known and recognised throughout the yachting world for developing the technology to make electric catamarans a reality. There are costs associated with creating an entirely new market, and the original business fell prey to these, at a time when price inflation everywhere was spiralling out of control."<img src="https://photo-assets.superyachttimes.com/photo/308333/image/large-6e974e48db713ec1223b3e352e089d51.jpg" data-gid="gid://syiq/Photo/308333">Michael Said has acquired <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> through his acquisition firm Helios Yacht Investments GmbH and has taken control of all assets and intellectual property, including the yachts' design and the shipyard in Fano. Said's investment protected the companies 140 employees jobs and has enabled the yard to continue its production, with the company also announcing the launch of the first <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 62 catamaran. A further seven of the model are due to launch this year. <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent Yachts</a> has also confirmed that it will launch the first 23.95-metre <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent</a> 80 model in 2025, the first of which were due for delivery this year.&nbsp;Iarrera added, "Our yacht owners are passionate about the brand and the yacht itself, as our very strong pipeline of orders shows. For Michael Said, it was an easy decision to invest in a restructured S<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">ilent Yachts</a>, and many of our other owners are just as keen. We know we have a job to do to rebuild the brand's reputation, but we've been thrilled by the positive reception we've had from those who have already put in orders."Over the coming two years, the focus of the yard will be to complete all projects currently under construction and will offer additional build slots of 2025 and 2026.

Silent Yachts new ownership

Silent Yachts announces new management and ownership.

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Silent Yachts announces new ownership and management

<a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Yacht Support (Company)">Fairport Yacht Support</a> and <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a> have announced a merger, under the new name of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>. This merger represents a strategic consolidation designed to enhance the scope and quality of yacht management services available to clients worldwide, setting a significant step towards global expansion.<img src="https://photo-assets.superyachttimes.com/photo/306693/image/large-f9290bfbff994de77942568c27418ac9.jpeg" data-gid="gid://syiq/Photo/306693">Angus Mackenzie, Managing Director of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> in the US expressed: “We’re delighted to announce the launch of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>." He further added: ”This logical strategic move will allow us to leverage international resources and establish a solid presence in new key markets worldwide. Our team is excited to bring our renowned services to customers across the globe and forge lasting relationships within the international yachting industry. Backed by <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, we're equipped with enhanced resources and financial stability, ensuring exceptional service worldwide.”<a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> features a combined workforce of over 50 professionals from both companies, managing a fleet exceeding 100 yachts. This consolidation not only positions <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> as a leading figure within the industry but also emphasises its commitment to providing customised technological solutions and top notch customer service.&nbsp;With this integration, <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> is equipped to offer its clientele comprehensive support in all major cruising destinations worldwide, leveraging local expertise, teams, and connections to meet and exceed client expectations.<img src="https://photo-assets.superyachttimes.com/photo/306695/image/large-823b2f83896347c1a53c0d9938d91ee6.jpeg" data-gid="gid://syiq/Photo/306695">"Teaming up with <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport</a> marks an incredible milestone for us at <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a>," states Lisa Martinez, Managing Director of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> in Europe. "Together, we're set to redefine global yacht management. I'm thrilled to be part of this exciting journey ahead."As part of their &nbsp;growth plans, <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> has been actively recruiting new team members in all their international offices. Notable recent appointments include the promotion of Nate Cook, now Head of Operations for <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> in the US.Moreover, with the promotions of Angus Mackenzie and Lisa Martinez to Managing Directors of their respective regions, the founders, Ben Young (former <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a>) and Graeme Lord (<a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Yacht Support</a>), will assume the roles of Chairman with a renewed focus on business development and industry relations.Ben Young MBE, Founder of <a data-gid="gid://syiq/Company/4685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYM - Superyacht Management (Company)">SYM</a> commented: “I’m thrilled to be part of this ongoing success story and I’m proud to be at the helm of our growing operation in Europe.” Graeme Lord, Founder of <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Yacht Support</a> added: “This combines the strengths of two organisations from different corners of the globe, enabling us to offer extraordinary worldwide services in the yacht management sector. Fairport has always stood for independence and transparency. Today, as <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>, we continue this legacy, solidifying our position as an industry leader. With our expanded reach, we're better positioned than ever to support clients across major cruising grounds. I'm proud to see <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> come to life and excited for the journey ahead."Overall, the merger benefits from the support and confidence of their shared parent company, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>. This affiliation with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> contributes additional resources and stability for <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a>'s clientele, affirming the company's commitment to delivering superior service. Together with its group partners, including <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and Newcoast Finance &amp; Insurance, <a data-gid="gid://syiq/Company/4848" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fairport Global (Company)">Fairport Global</a> is poised to provide a comprehensive suite of offerings encompassing marina berths, crew recruitment, and insurance services, positioning the company to meet a wide range of client needs within the yachting industry.

Fairport Yacht Support and SYM merge to form Fairport Global

Fairport Yacht Support and SYM have announced a merger under the new name of Fairport Global.

<a data-gid="gid://syiq/Company/6651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ShadowCAT (Company)">Shadowcat</a> has unveiled the first renderings of a new 72.8-metre support vessel concept, Catfish. Developed as an expedition vessel, the catamaran will be able to carry and deploy a custom 18.6-metre sportfisher yacht. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/328613/image/large-ede9dc01fda1af377ef533c8c8025658.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240919%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240919T152158Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=8bc39e2f024aca5e24030fd3680e3f8b2c608446c61d5d2832ed7c622253a6fa" data-gid="gid://syiq/Photo/328613">Designed for a true ocean sport enthusiast, Catfish features in-house interior layout and design, supported by Theodoros Fotiadis of <a data-gid="gid://syiq/Company/5704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Theodoros Fotiadis Design (Company)">T.Fotiadis Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/1377" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Incat Crowther (Company)">Incat Crowther</a>. Constructed entirely from marine-grade aluminum, Catfish aims to leverage her lightweight and fuel-efficient platform to set a new standard for expedition yachting.Key features onboard Catfish include, a certified EC135 helipad and hanger, sportfisher davits with a total safe working load of 45 tonnes, a fish station and freezer, a bait and tackle shop, a hospital and chamber room and a dive room.&nbsp; <iframe width="640" height="360" src="https://player.vimeo.com/video/1011011838?share=copy#t=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> “Unlike traditional monohulls, which are often limited to launch and recovery in harbour conditions, this catamaran and its unique wave-compensation davits can handle operations in 1.5-metre seas, with a maximum roll of just six degrees and a pitch of three degrees,” explained Shadowcat.Boasting an impressive beam of 15.5-metres and an internal volume of 2,200 GT, Catfish will be able to accommodate up to 10 guests across five staterooms on the upper deck, including a VIP suite situated forward with an office/lounge area and large ensuite bathroom.<img src="https://photo-assets.superyachttimes.com/photo/328611/image/large-9441f7d5b6b5ed7c34c9d82b08843686.png" data-gid="gid://syiq/Photo/328611">The remaining guest staterooms consist of four double suites amidships, while eight twin and two single crew cabins can be found on the main deck and her captain’s cabin and office are situated on the wheelhouse deck.Catfish also boasts a ‘Mariner’s Den’, with a large fold out balcony, generous lounge space and a bar and gyroscopic pool table. A glass-enclosed submersible garage and various toys can also be viewed via the lounge’s roll up door, which provides a fully open-air relaxation space. <iframe width="640" height="360" src="https://player.vimeo.com/video/1011011959?share=copy#t=0" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> Guests will be able to take advantage of a plethora of toys and tenders onboard, such as an 18.6-metre custom sportfisher yacht, 12-metre and eight-metre RIBS, a <a data-gid="gid://syiq/Company/4195" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Triton (Company)">Triton</a> 660/7 submersible for six and five Jet Skis.In terms of propulsion, Catfish will be able to reach a top speed of 21 knots, with a cruising speed of 14 knots.<img src="https://photo-assets.superyachttimes.com/photo/328612/image/large-c17112b96a0ebeef3d78b9a58fc9a59d.png" data-gid="gid://syiq/Photo/328612">

Shadowcat’s new 73m support catamaran concept Catfish

Shadowcat has unveiled the first renderings of a new 72.8-metre support vessel concept, Catfish

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Shadowcat reveals new 73m support catamaran concept Catfish 

The 48.68-metre <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> superyacht <a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> has been sold in an in-house deal by brokers from <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. Extensively refit in 2023 at <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico</a>, <a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> was presented to the market in excellent condition with a distinctive dark blue hull and white superstructure.<img src="https://photo-assets.superyachttimes.com/photo/280594/image/large-40c52e1b71fa6470e89ec948fcb0d290.jpg" data-gid="gid://syiq/Photo/280594">Built in 2017, her original interiors were designed by <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Team for Design - Enrico Gobbi</a>, while her naval architecture was undertaken by <a data-gid="gid://syiq/Company/1234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Arrabito Naval Architects (Company)">Arrabito Naval Architects</a>. During her refit <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</a> renovated her interiors with a clean natural decor incorporating marbles, woods and linen.<img src="https://photo-assets.superyachttimes.com/photo/280376/image/large-2ceea72125d4a89396ef1871bda7e71e.jpg" data-gid="gid://syiq/Photo/280376"><img src="https://photo-assets.superyachttimes.com/photo/280379/image/large-f3153fb8e6061f7b5f8f1e9c65d39879.jpg" data-gid="gid://syiq/Photo/280379">The yacht can accommodate up to 10 guests onboard, with five guest staterooms, including a main deck owner’s suite, two VIPs, and two twins. The owner's suite exudes a contemporary yet classical style and is equipped with an office, reading nook, two drop-down balconies, and unobstructed panoramic views.<img src="https://photo-assets.superyachttimes.com/photo/280380/image/large-b5e70ed60751f9625a0ffa9cc63d4069.png" data-gid="gid://syiq/Photo/280380"><img src="https://photo-assets.superyachttimes.com/photo/280383/image/large-56e7af63aafb51fddefdf3ce55aeb620.png" data-gid="gid://syiq/Photo/280383">Performance-wise, she sports twin <a href="https://sya.superyachttimes.com/companies/caterpillar-inc" target="_blank">Caterpillar</a> C32 Acert diesel engines with a combined 2,598 horsepower. She is able to reach a top speed of 15 knots and a cruising speed of 14 knots. <img src="https://photo-assets.superyachttimes.com/photo/280389/image/large-8949efcd586724d23d61e8cd96cda4e5.jpg" data-gid="gid://syiq/Photo/280389"><a data-gid="gid://syiq/Yacht/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H48.68m (159'9&quot;)Rossinavi2017">N2H</a> had a last known asking price €23,500,000. <img src="https://photo-assets.superyachttimes.com/photo/280396/image/large-aa7c6045971de353d417ce0b4ba2ec53.png" data-gid="gid://syiq/Photo/280396">

Rossinavi yacht N2H sold

The 49m Rossinavi yacht N2H has been sold in an in-house deal with Edmiston yacht brokers.

49m Rossinavi superyacht N2H sold

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has announced the launch of a new brokerage division, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale, aimed at offering <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners the opportunity to sell their yachts with the Dutch shipyard.<img src="https://photo-assets.superyachttimes.com/photo/285554/image/large-ee1e4321b5100826f2f5097767414c53.png" data-gid="gid://syiq/Photo/285554">Historically, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> referred resale requests to trusted brokerage partners, but due to increasing demand from owners, the yard has now established a dedicated service. "At <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, we believe that our relationship with our yachts extends far beyond delivery,” explained Arjen van Elk, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale Manager.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> currently has five yachts available for resale, which include the 37.95-metre <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, the 51-metre <a data-gid="gid://syiq/Yacht/1436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Double Haven51.0m (167'4&quot;)Feadship1993">Double Haven</a>, the 55.2-metre <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, the 65-metre <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a> and the 83.5-metre superyacht <a data-gid="gid://syiq/Yacht/5598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah83.5m (273'11&quot;)Feadship2015">Savannah</a>.“Our unparalleled understanding of these vessels, combined with a lifelong commitment to our owners, positions us uniquely to offer a level of service that no one else can," added van Elk.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)"><img src="https://photo-assets.superyachttimes.com/photo/288759/image/large-f0a59451e7549cc38cedb5bb12758d00.jpg" data-gid="gid://syiq/Photo/288759">Feadship</a> Resale is designed to protect the long-term investments of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> owners, offering tailored advice based on the history and specifications of each yacht. The new service is not intended to replace the role of brokers, but rather to enhance it by providing access to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s archives, craftsmen, and engineers to support the resale process.&nbsp;“We work hand in hand with the brokerage community, acting as a key partner in ensuring that the best interest of our clients is always at the forefront. Our goal is to ensure a seamless and worry-free ownership experience, even as vessels change hands,” added <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale will build upon the success of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Refit &amp; Services department, introduced in 2018, which aims to ensure the ongoing value and pedigree of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yachts. “<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Resale is a confident step toward the long-term success and enduring value of the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> brand,” concluded <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.During the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a>, private viewings will be available for <a data-gid="gid://syiq/Yacht/1302" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco37.9m (124'4&quot;)Feadship1982">Monaco</a>, <a data-gid="gid://syiq/Yacht/7670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Somnium55.2m (181'1&quot;)Feadship2021">Somnium</a>, and <a data-gid="gid://syiq/Yacht/57" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wedge Too65.0m (213'3&quot;)Feadship2002">Wedge Too</a>, with Arjen van Elk on hand to arrange appointments.

Feadship introduces Resale for Feadship owners

Feadship has announced the launch of a new initiative, Feadship Resale, aimed at offering Feadship owners the opportunity to resell their yachts.

Feadship announces new brokerage division with 5 yachts listed

Evolving from a small-scale operation into a multi-service organisation, <a data-gid="gid://syiq/Company/5584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MennYacht Group (Company)">MennYacht Group</a> has come a long way since its creation in 1994. Still presided over by the original founder Matjaž Murko today, the company now represents several brands of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> and operates across various Central and Eastern European countries, with a strong presence along the Adriatic coast.<img src="https://photo-assets.superyachttimes.com/photo/328602/image/large-f0b53309825f90cea989c7c504d55069.jpg" data-gid="gid://syiq/Photo/328602">What led to your entry into the yachting industry?I was born in Germany and moved to Slovenia in 1972 when I was ten years old. Shortly thereafter, I joined a well-known sailing club in Slovenia named Pirate. From a young age, I exhibited an entrepreneurial spirit; my first venture was founding a windsurfing school with a friend, catering to tourists on the beach. It's important to note the geographic significance of Slovenia, which is bordered by Italy to the west and Croatia to the south and east. Slovenia attracts many visitors from the Czech Republic and other Eastern European countries. Additionally, our linguistic similarities foster a welcoming environment for these tourists.This early experience further fueled my interest in the nautical industry, which prompted me to explore additional opportunities. My breakthrough came at the Genoa Boat Show in 1994, where I discovered the Pershing brand. Just a few months later, I signed a contract with the shipyard and acquired two yachts, a 60-footer and a 70-footer and began actively promoting Pershing in the Adriatic.<img src="https://photo-assets.superyachttimes.com/photo/328599/image/large-fe3e86a9dd94651ebd8b14f1582ea966.jpg" data-gid="gid://syiq/Photo/328599">Could you elaborate on your close ties with various Ferretti Group brands and how it came to be that you represented them?In 1998, following <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>'s acquisition by the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, Pershing recommended us as a dealer for <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands in Austria, Slovenia, and other parts of Europe. We promptly signed the contract and officially started our dealership with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> in 2000. As the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> expanded and integrated brands such as Riva, we also began representing them in our markets.Currently, we represent all <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> brands, except for CRN and Wally, across several regions. Our markets include Austria, Germany (specifically clients in the Adriatic region for <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/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>, and Itama), the Czech Republic, Slovakia, Slovenia, Hungary, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, North Macedonia, and Albania. Over the past twenty years, these countries have seen economic development, though they still face certain challenges. Despite our wide geographic reach, we encounter specific local preferences. In Hungary for example, there is a strong preference for conducting business in Hungarian. As a result we maintain an office in Budapest to accommodate this need, despite its landlocked location. We also have an office in Prague, Czech Republic, and one in Belgrade, Serbia. These different locations allow us to offer bespoke services, adapted to the local business culture.<img src="https://photo-assets.superyachttimes.com/photo/328598/image/large-821263695bb15703bea192a6f86d08b3.jpg" data-gid="gid://syiq/Photo/328598">What strategies did MennYacht employ to successfully expand into Eastern European marketsFrom the outset, establishing comprehensive services was crucial, encompassing not only yacht sales but also dedicated maintenance and support. When operations began, back in 1994, sourcing essential components such as generator impellers posed significant challenges. Damage to an impeller could disable the entire generator, disrupting critical onboard functions, including cooking, yet obtaining these components was complicated by supply distribution issues. Indeed, Slovenia and Croatia were not part of the European Union at that time, leading to intricate customs and logistics scenarios.To address these challenges, we significantly expanded our service network, which now covers all major marinas and key cruising locations along the Adriatic coast. Thanks to our local network and expertise, we are known for our rapid response times, a fact acknowledged by our clients and competitors alike.Our team comprises highly experienced professionals, some of whom have been with us for 15-20 years. With the increasing complexity of yachts due to advanced technology and design features, it is imperative to stay at the forefront of service excellence. In collaboration with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, we have played a crucial role in providing ongoing educational programs for our workers, ensuring they are well-prepared to meet contemporary challenges.<img src="https://photo-assets.superyachttimes.com/photo/328604/image/large-97e4aaf81a00cf9ce7c98bb81c584023.jpg" data-gid="gid://syiq/Photo/328604"> How do events contribute to the MennYacht brand and client engagement?Alongside our 30th anniversary celebrations, we hosted significant events such as the Gala Yacht Ball and Summer Breeze at Ravni Zakan. These occasions allow us to engage deeply with our clientele in a setting that highlights both our latest offerings and our rich legacy. Moreover, we hosted a similar event last year where we invited all our clients and provided entertainment with <a data-gid="gid://syiq/Company/5733" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Technohull (Company)">Technohull</a> luxury RIBs, for which we are also the official regional dealers.These events, along with our yearly magazine and our 30th anniversary book, significantly enhance client engagement. Crucially, they also provide us with deeper insights into our clients' perspectives, such as whether they are considering acquiring a new yacht because their current one is becoming outdated or too small. To be successful in today's market, it is not enough to be a dealer; a 360-degree approach is required.<img src="https://photo-assets.superyachttimes.com/photo/328597/image/large-1a06b306801dedc5024d56cc19d873f5.jpg" data-gid="gid://syiq/Photo/328597"> Any future plans you would like to unveil?In recent years, we've significantly advanced our marketing efforts, collaborating with media companies and promoting our 30th anniversary. Despite these successes, we recognise areas that require further improvement.Currently, like many in the industry, we face a shortage of skilled labour, particularly mechanics and electricians. The growth of our fleet has outpaced our staffing capabilities, highlighting the critical need to balance the number of yachts with employee recruitment to enhance our operations.Moreover, we have been improving our technological capabilities by investing in software programs that aim to more efficiently understand the yachts clients desire. This will better facilitate our sales strategies and improve our ability to track client inquiries and preferences. For instance, if a client expressed interest in a specific type of superyacht a year ago, these new systems will allow us to process that information more quickly and accurately. We have a dedicated team, much like a family, where each member, including my son, plays a crucial role. Together, we are committed to continuing our legacy for many more years to come. This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" rel="noopener noreferrer" target="_blank" title="">available for download here.</a>

In conversation with Matjaž Murko of MennYacht Group

Founder Matjaž Murko on MennYacht's strong relationship with the Ferretti Group and its expanding presence in the Adriatic.

The 40.25-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy </a>superyacht <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a> sold, with <a data-gid="gid://syiq/Company/2110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Masters (Company)">Yacht Masters</a> introducing the buyer, and <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess&nbsp;</a>representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/291017/image/large-32872df87e97d92a824859cede283ae0.png" data-gid="gid://syiq/Photo/291017">Delivered by her Australian shipyard in 2005, the flybridge yacht features exterior design and naval architecture by <a data-gid="gid://syiq/Company/35" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Naval Architects Ltd. (Company)">Dubois Naval Architects</a>, as well as interior styling created by <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey Designs</a>. <img src="https://photo-assets.superyachttimes.com/photo/291027/image/large-496e11eea6f2c8532c6699d8e03d6e1c.png" data-gid="gid://syiq/Photo/291027"><img src="https://photo-assets.superyachttimes.com/photo/291020/image/large-298081249cd41b8b3b1b065d3cc49012.png" data-gid="gid://syiq/Photo/291020">With a volume of 294 GT and a beam of 8.5-metres, the yacht is capable of hosting as many as 10 guests across her five staterooms, and is also able to support a crew of up to six members onboard.<img src="https://photo-assets.superyachttimes.com/photo/291023/image/large-61b9098cbadb4c339bb77ab9a2ed9781.png" data-gid="gid://syiq/Photo/291023"><img src="https://photo-assets.superyachttimes.com/photo/291021/image/large-03cae57b8cf569beb19b99c1d25fecb3.png" data-gid="gid://syiq/Photo/291021"><img src="https://photo-assets.superyachttimes.com/photo/291019/image/large-f8ffc43bd4c6ef77dacd9d7b3e880f12.png" data-gid="gid://syiq/Photo/291019">Thanks to her shallow draft of only 1.89-metres, the superyacht is well-suited to accessing various low anchorage points, such as reefs, coves, and coastlines for a scenic cruising experience. <img src="https://photo-assets.superyachttimes.com/photo/291032/image/large-5f8323cf1cc1875b535e3f1cc17dae25.png" data-gid="gid://syiq/Photo/291032"><img src="https://photo-assets.superyachttimes.com/photo/291033/image/large-63150041a90cf43f8eb3a9ae1f603f0a.png" data-gid="gid://syiq/Photo/291033"><img src="https://photo-assets.superyachttimes.com/photo/291029/image/large-c5325bbc61cae8a81ec29d43149a144e.png" data-gid="gid://syiq/Photo/291029">Regarding her performance, <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</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&nbsp;</a>engines that propel her to a cruising speed of 13 knots along with a top speed of 16.5 knots. At the time of her sale, she had a last known asking price of €8,750,000.<img src="https://photo-assets.superyachttimes.com/photo/292042/image/large-d34f31537fb7d50f1ebfc7a2a8f378e5.jpg" data-gid="gid://syiq/Photo/292042"><img src="https://photo-assets.superyachttimes.com/photo/291035/image/large-c450b7f3bd2c970b0332c4e05d204ca2.png" data-gid="gid://syiq/Photo/291035">

40m Alloy yacht Ad Lib sold 

 The 40.25-metre Alloy superyacht Ad Lib sold, with Yacht Masters introducing the buyer, and Burgess representing the seller. 



40m Alloy superyacht Ad Lib sold 

The 27.96-metre <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> motor yacht <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> sold in an in-house deal with Eric Frank of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> representing both the buyer and seller during negotiations.<img src="https://photo-assets.superyachttimes.com/photo/278281/image/large-6d8c1b23487355c91324644643b1becb.jpg" data-gid="gid://syiq/Photo/278281">Delivered in 2016 as part of the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 92 series, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> features interior and exterior design by <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni Yacht Design</a>, while her naval architecture was penned by her Italian builder <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>.<a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016"><img src="https://photo-assets.superyachttimes.com/photo/273664/image/large-2b8cc61b809e46c4b14d18f06ff60a94.jpg" data-gid="gid://syiq/Photo/273664"><img src="https://photo-assets.superyachttimes.com/photo/273665/image/large-7608fb3e3e6a8d3367a47b25bc060fd1.png" data-gid="gid://syiq/Photo/273665">MorningStar</a> showcases a modern interior design with a contemporary main saloon. Light furnishings are illuminated by ample windows to create a welcoming ambiance, while flooding the space with plenty of natural light. <img src="https://photo-assets.superyachttimes.com/photo/273672/image/large-1c9796d6dfbd18755f726108013e6fb4.jpg" data-gid="gid://syiq/Photo/273672"><img src="https://photo-assets.superyachttimes.com/photo/273670/image/large-9bbb4568a736daf9eb400b3075a038e0.jpg" data-gid="gid://syiq/Photo/273670"><img src="https://photo-assets.superyachttimes.com/photo/273669/image/large-5242fdbb453bf101f70f9f89ddb79064.png" data-gid="gid://syiq/Photo/273669"><a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> can comfortably accommodate up to eight guests across a four stateroom configuration, with her full-beam master suite situated amidship on the lower deck, alongside twin mirrored twins and a VIP at her bow.<img src="https://photo-assets.superyachttimes.com/photo/278287/image/large-ccd9351c6a4cc3d50fb69680ac6dce30.jpg" data-gid="gid://syiq/Photo/278287"><img src="https://photo-assets.superyachttimes.com/photo/278279/image/large-8f53eb4a774151aff75ebbfe7d69874e.jpg" data-gid="gid://syiq/Photo/278279">In terms of performance, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> is powered by <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a cruising speed of 28 knots and a top speed of 41 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/10683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MorningStar27.96m (91'9&quot;)Pershing S.p.a.2016">MorningStar</a> had a last known asking price of $3,950,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273660/image/large-67b5943cfc101d508dc766bdc1abc822.png" data-gid="gid://syiq/Photo/273660">

28m Pershing yacht MorningStar sold in-house by Allied Marine

The 28m Pershing yacht MorningStar sold in a deal with Allied Marine. At the time of her sale she had a last known asking price of $3,950,000. 

28m Pershing 92 motor yacht MorningStar sold in-house 

<a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a> has unveiled the first renderings of the 56.5-metre superyacht concept Voyage. Developed in collaboration with <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>, Voyage is designed with adventure and exploration in mind.<img src="https://photo-assets.superyachttimes.com/photo/328553/image/large-df1df382e64c17755dfb15e06b3664e8.jpg" data-gid="gid://syiq/Photo/328553">The explorer yacht features a sleek and modern exterior design, with smooth flowing lines and sweeping curves. Voyage is characterised by expansive windows and a streamlined profile, both of which add to her contemporary charm.<img src="https://photo-assets.superyachttimes.com/photo/328560/image/large-e69407c53d7618fd31bf2777729c67ac.jpg" data-gid="gid://syiq/Photo/328560">“Working closely with the <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a> team, we came together to develop a design that we felt would appeal to the new buyers looking to step up to a larger yacht with all the features this would bring,” explained Jonny Horsfield, Founder of <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>.“Based on recent enquiries I imagined a younger buyer who wanted to primarily focus on outdoor living, and an active lifestyle.”<img src="https://photo-assets.superyachttimes.com/photo/328564/image/large-0b76bc31f2b46f96726bfb26a186ff3f.jpg" data-gid="gid://syiq/Photo/328564">With a balanced mix of modern luxury and practical performance, Voyage features a clean and crisp silhouette, with an unusual bow shape and reverse hull curves to create a unique and surprisingly radical design.<img src="https://photo-assets.superyachttimes.com/photo/328559/image/large-dc154c14b93bc47d8260b9fea83ce7db.jpg" data-gid="gid://syiq/Photo/328559">“We started with the large pool on the aft deck cascading to the water below, and we located good sized tenders forwards in an enclosed main deck garage and this also allowed for a touch and go helicopter pad on the bow, in front of the sweeping panoramic view from the owners suite,” commented Jonny Horsfield.<img src="https://photo-assets.superyachttimes.com/photo/328566/image/large-526d8980c24e7232da06b71d31e71d69.jpg" data-gid="gid://syiq/Photo/328566">With her beam spanning an impressive 10-metres, Voyage boasts plenty of interior space, with a large open plan main saloon and dining area spanning 64 square-metres. Further forward on the main deck are three large guest staterooms, with two almost 20 square-metres suites situated forward and a third located amidships. <img src="https://photo-assets.superyachttimes.com/photo/328567/image/large-f358bf3a1e9b67a8f39f018adf706e18.jpg" data-gid="gid://syiq/Photo/328567">In total, Voyage can accommodate up to 10 guests, with a further two mirrored guest staterooms situated on the lower deck, with a sliding door allowing them to be transformed into a larger suite.<img src="https://photo-assets.superyachttimes.com/photo/328568/image/large-fffa318cc827cb96f4e77dab47193bac.jpg" data-gid="gid://syiq/Photo/328568">The master suite is situated on its own deck, with a 61 square-metre forward-facing master stateroom, private office, walk-in wardrobe and an ensuite bathroom. The owner also benefits from 270-degree panoramic views, a private deck and direct access to a 31.8 square-metre TV lounge.<img src="https://photo-assets.superyachttimes.com/photo/328569/image/large-2891e506e5c739f5c9ba5beb7cfb3bc9.jpg" data-gid="gid://syiq/Photo/328569">Voyage can accommodate a crew of up to 12, across five bunk cabins and a crew officer cabin on the lower deck, while her captain’s cabin is located on the bridge deck, alongside the yacht’s office.<img src="https://photo-assets.superyachttimes.com/photo/328570/image/large-7a7319ce15b63cbf0fc74b119f1c8690.jpg" data-gid="gid://syiq/Photo/328570">When it comes to exterior deck spaces, Voyage showcases a large aft deck with a combined swim platform to create a spacious relaxation zone. Her owner’s deck includes an alfresco dining area and sumptuous seating options, allowing guests to take advantage of the sea views.<img src="https://photo-assets.superyachttimes.com/photo/328565/image/large-0261be2afa3400c257162747da934b00.jpg" data-gid="gid://syiq/Photo/328565"><img src="https://photo-assets.superyachttimes.com/photo/328558/image/large-6968eed90c69bf14575625dff7f019c4.jpg" data-gid="gid://syiq/Photo/328558">Details surrounding her propulsion are yet to be revealed, but Voyage will also be able to carry a seven-metre tender forward in her enclosed garage and is also equipped with a helipad at her bow for enhancing accessibility and exploration for guests.<img src="https://photo-assets.superyachttimes.com/photo/328552/image/large-d70e7054d163dfc3b6559c13ac28739c.jpg" data-gid="gid://syiq/Photo/328552">

First look at 57m Turquoise explorer yacht concept Voyage 

Turquoise Yachts has unveiled the first interior renderings of the 57m superyacht concept Voyage, in collaboration with H2 Yacht Design.

Turquoise Yachts unveils new 57m explorer yacht concept Voyage

The hull of the third 50-metre<a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">&nbsp;Ada 50 Z</a> superyacht has been launched by her Turkish shipyard, <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a>. Slated for delivery in 2026, the motor yacht is composed of a steel hull and aluminium superstructure, which were constructed with the partnership of <a data-gid="gid://syiq/Company/7389" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norse Shipyard (Company)">Norse Shipyard</a>. She will now be transported via the sea to the <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a> shipyard in the Bodrum area, where she will undergo further manufacturing. <img src="https://photo-assets.superyachttimes.com/photo/328583/image/large-9f7f68a7af5372192958395d0480df16.jpeg" data-gid="gid://syiq/Photo/328583"><img src="https://photo-assets.superyachttimes.com/photo/256002/image/large-269fd9a78fef396165914f4e0d30e0c4.png" data-gid="gid://syiq/Photo/256002">The first two yachts of this Ada 50 Z series, both of which have a delivery date of next year, are currently still under construction at the <a data-gid="gid://syiq/Company/2428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ADA Yacht Works (Company)">ADA Yacht Works</a> facility, and will shortly be joined by the third vessel. <img src="https://photo-assets.superyachttimes.com/photo/328587/image/large-c6742d94d7367e02472bdcb5a9fc8fd8.jpeg" data-gid="gid://syiq/Photo/328587"><img src="https://photo-assets.superyachttimes.com/photo/328584/image/large-5a2b0d2a62fa325c694a28a127a58044.jpeg" data-gid="gid://syiq/Photo/328584">The third <a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">Ada 50 Z</a> superyacht features an exterior design created by <a data-gid="gid://syiq/Company/2955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uldas Yacht Design (Company)">Uldas Yacht Design</a> and naval architecture penned by <a data-gid="gid://syiq/Company/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ginton Naval Architects (Company)">Ginton Naval Architects</a>. <img src="https://photo-assets.superyachttimes.com/photo/328588/image/large-7d28f42025c3b9671b6a47383cc1d1f5.jpeg" data-gid="gid://syiq/Photo/328588">With a volume of slightly under 500 GT and a beam of 8-metres, the yacht is capable of hosting as many as 12 guests across a six stateroom layout. Accommodation is also available for a crew of up to 10 members.<img src="https://photo-assets.superyachttimes.com/photo/256005/image/large-ec59164aa50097fa698bb422caf3c786.png" data-gid="gid://syiq/Photo/256005"> <img src="https://photo-assets.superyachttimes.com/photo/328589/image/large-fa2f81b4fee2aac45ef4598f3b8b3494.jpeg" data-gid="gid://syiq/Photo/328589">In terms of her performance, the third 50-metre <a data-gid="gid://syiq/Yacht/13677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ada 50 Z/0350.0m (164'1&quot;)ADA Yacht Works2026">Ada 50 Z</a> superyacht can reach a cruising speed of 15 knots. She is due to be delivered to her owner in 2026. <img src="https://photo-assets.superyachttimes.com/photo/328585/image/large-20582be4acb579b26aae6a3230129975.jpeg" data-gid="gid://syiq/Photo/328585"><img src="https://photo-assets.superyachttimes.com/photo/328586/image/large-2394b6b15b5cddb98da57bccd475827c.jpeg" data-gid="gid://syiq/Photo/328586">

Third 50m Ada 50 Z yacht hull launched 

The hull of the third 50-metre Ada 50 Z superyacht has been launched by her Turkish shipyard, ADA Yacht Works. 


Hull of the third 50m Ada 50 Z superyacht launched 

Montenegro-based shipyard <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> has announced the appointment of Eric Robert-Peillard as Chief Executive Officer.<img src="https://photo-assets.superyachttimes.com/photo/328549/image/large-60e771e97917682be69b57dcacc79628.jpg" data-gid="gid://syiq/Photo/328549">Eric brings with him a wealth of experience to the role, particularly in the field of superyacht care. Under his leadership, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> aims to elevate its superyacht services by establishing Porto Montenegro as a premier Mediterranean hub for superyacht owners, managers, and captains."It is an honour to lead <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> and this talented team,” commented Eric Robert-Peillard. “With our strong strategy, there are significant future growth opportunities, as we aim to set new industry benchmarks in superyacht care and refit services, driven by our commitment to excellence and quality.”&nbsp;The appointment of Eric Robert-Peillard marks a significant new chapter in the company’s journey towards becoming a leading player in the global yachting industry. <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> currently offers repair and refit services at its joint venture shipyard with PM Holdings and <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World</a> Dubai in Bijela, Montenegro.Read: <a data-gid="gid://syiq/Article/61267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Interview: Adriatic 42 gears up for a busy refit season ahead (2024-08-15 14:30:00 +0200)">Adriatic 42 gears up for a busy refit season ahead</a><img src="https://photo-assets.superyachttimes.com/photo/323248/image/large-8674781d282e47b57f23556d9980b65f.jpeg" data-gid="gid://syiq/Photo/323248">This strategic leadership change follows the recent appointment of David Margason as Chairman of <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> earlier this summer.&nbsp;"We welcome Eric to his new role,” added David Margason. “With his strategic vision and collaborative leadership style, Eric will play a crucial role in advancing our mission to establish <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> as the premier superyacht destination in the Mediterranean.”Strategically positioned in the Bay of Kotor, <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a> is located just three-kilometres from Porto Montenegro’s renowned superyacht marina and waterfront community. Under the new leadership, Adriatic’s dedicated team of 100 employees is set to expand its influence and continue delivering exceptional services with a commitment to sustainability and innovation.“We are entering an exciting phase of growth at <a data-gid="gid://syiq/Company/6770" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adriatic 42 (Company)">Adriatic 42</a>, which will further reinforce Montenegro's status as a key global yachting hub. I am confident that Eric's leadership will inspire innovation and uphold our highest quality and safety standards. We anticipate great success under his and David's guidance,” concluded Captain Rado Antolovic, PhD, CEO of <a data-gid="gid://syiq/Company/6122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DryDocks World (Company)">Drydocks World</a>.<img src="https://photo-assets.superyachttimes.com/photo/328550/image/large-cfd5eeb3b2bb327fece5bc351cb970bb.jpg" data-gid="gid://syiq/Photo/328550">

Adriatic 42 appoints new CEO Eric Robert-Peillard

Montenegro-based shipyard Adriatic 42 has announced the appointment of Eric Robert-Peillard as Chief Executive Officer.

Adriatic 42 appoints Eric Robert-Peillard as new CEO

The 60-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco&nbsp;</a>superyacht <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> has emerged from a comprehensive interior and exterior refit at <a data-gid="gid://syiq/Company/4710" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="G&K Yachting (Company)">G&amp;K Yachting</a> in Greece and is now available for charter with <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons International.</a> <img src="https://photo-assets.superyachttimes.com/photo/328452/image/large-cfdb42f26349792c821063a71e1b36b0.jpg" data-gid="gid://syiq/Photo/328452"><img src="https://photo-assets.superyachttimes.com/photo/328491/image/large-17fd24416cb8aa447d14170254d1ab0b.jpg" data-gid="gid://syiq/Photo/328491">Originally built by the Dutch shipyard <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco&nbsp;</a>in 2002,<a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">&nbsp;Alfa G</a>, previously known as Sea Pearl, features engineering crafted in-house by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, while her original interior and exterior design stems from the drawing boards of British studio <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>. For the superyacht's refit, <a data-gid="gid://syiq/Company/5313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandre Thiriat (Company)">Alexandre Thiriat</a> was tasked with reimagining her interior design. The interior contractor was LIST Austria.&nbsp;&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/328456/image/large-021d9a1107c203d271217a3c8dd2486c.jpg" data-gid="gid://syiq/Photo/328456">Fully custom and in restored condition, new life has been breathed into the superyacht’s interiors and exteriors. Today, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> makes use of elegant materials, bespoke furnishings, and modern amenities. Among her most standout features is the master suite, which offers owners 180-degree views of the outdoors, as well as private deck access.<img src="https://photo-assets.superyachttimes.com/photo/328532/image/large-4098c1bd66d5a919424f1982257c64a5.jpg" data-gid="gid://syiq/Photo/328532"><img src="https://photo-assets.superyachttimes.com/photo/328465/image/large-bac97d7e48a8256d57adc819f4e27865.png" data-gid="gid://syiq/Photo/328465"><img src="https://photo-assets.superyachttimes.com/photo/328499/image/large-420d25203d6e59357bd0a6591120e6f1.jpg" data-gid="gid://syiq/Photo/328499"><img src="https://photo-assets.superyachttimes.com/photo/328469/image/large-0555115ec30bed9869d2a6c1682f7b1e.png" data-gid="gid://syiq/Photo/328469">In addition, this main deck master suite contains his-and-hers walk-in closets, ensuite bathrooms, and a private observation lounge. In total, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> is capable of hosting as many as 12 guests across her seven stateroom layout, which includes a full-beam VIP suite situated on the lower deck, fitted with a king-sized bed and extra pullman berth.<img src="https://photo-assets.superyachttimes.com/photo/328502/image/large-11df275400a84db62a4c32c2edc24bda.jpg" data-gid="gid://syiq/Photo/328502"><img src="https://photo-assets.superyachttimes.com/photo/328471/image/large-50ff8a55c3d68a7054d556a7e6ad3997.png" data-gid="gid://syiq/Photo/328471"><img src="https://photo-assets.superyachttimes.com/photo/328473/image/large-8606f72898ff961af8e50c96647bfc77.png" data-gid="gid://syiq/Photo/328473">In terms of guest entertainment, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a>’s upper saloon can be transformed to a cinema room with a laser projector and expansive screen. Moving outside, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a>’s upgraded sundeck boasts a swimming pool with a contra-current training system and a Jacuzzi feature, along with a lounging area.<img src="https://photo-assets.superyachttimes.com/photo/328530/image/large-39a66d09e666c77df785d74cf10dc740.jpg" data-gid="gid://syiq/Photo/328530"> <img src="https://photo-assets.superyachttimes.com/photo/328453/image/large-1a4fca1c6006b784dab296be20396855.jpg" data-gid="gid://syiq/Photo/328453"><img src="https://photo-assets.superyachttimes.com/photo/328503/image/large-8f6ad479540ce538f55fe3d0afcc041b.jpg" data-gid="gid://syiq/Photo/328503"><img src="https://photo-assets.superyachttimes.com/photo/328468/image/large-0167dda3d2fe2d8d3412c90995487eb9.png" data-gid="gid://syiq/Photo/328468">Those onboard are also invited to dine alfresco on the aft terrace, or drink at the outdoor bar. Other exterior elements include a spacious sunbathing area, a beach club that facilitates water sports, and a bridge with a seating area. Moreover, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> now offers an upgraded selection of toys.<img src="https://photo-assets.superyachttimes.com/photo/328535/image/large-78657a3ae35e422117ea38a1cec81986.jpg" data-gid="gid://syiq/Photo/328535"> <img src="https://photo-assets.superyachttimes.com/photo/328462/image/large-5135e9a0e241f965f7bf3932e371024e.png" data-gid="gid://syiq/Photo/328462"><img src="https://photo-assets.superyachttimes.com/photo/328455/image/large-cd00d808dd6daf21c1159385e00f1ccb.jpg" data-gid="gid://syiq/Photo/328455">Regarding her performance, the superyacht 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&nbsp;</a>engines that propel her to a cruising speed of 12 knots and a top speed of 15 knots. When cruising at 11.5 knots, <a data-gid="gid://syiq/Yacht/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alfa G60.0m (196'10&quot;)Oceanco2004">Alfa G</a> has a range of 5,000 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/328539/image/large-5d3acec9122fa071c0f3dd6ac4f44fdd.jpg" data-gid="gid://syiq/Photo/328539"> <img src="https://photo-assets.superyachttimes.com/photo/328466/image/large-11acac31ab2f7fbc9ce37546091b18b6.png" data-gid="gid://syiq/Photo/328466"><img src="https://photo-assets.superyachttimes.com/photo/328467/image/large-3dc7870ad02ca2f5be9a380e4368fadb.png" data-gid="gid://syiq/Photo/328467">

60m Oceanco yacht Alfa G completes major refit 

The 60-metre Oceanco superyacht Alfa G has emerged from a comprehensive interior and exterior refit.


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