<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has signed an agreement to buy <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>. This agreement encompasses the sale of 100% of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> and, indirectly, its subsidiaries, collectively known as 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> The group comprises 13 companies across seven countries: Finland, Italy, Spain, Monaco, the United Kingdom, the United States, and Australia.<img src="https://photo-assets.superyachttimes.com/photo/309290/image/large-bbfa5629e30fe9af8305cc907df9a4c3.jpg" data-gid="gid://syiq/Photo/309290">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> specialises in the design, construction, sale, and refitting of high-end sailing yachts, marketed under the Swan, Maxi Swan, and ClubSwan brands. Additionally, the group builds motor yachts under the Shadow and Arrow brands. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)"><img src="https://photo-assets.superyachttimes.com/photo/268405/image/large-0fe4b56c7fa5bf4533eb5955ddd1c1c0.jpg" data-gid="gid://syiq/Photo/268405">Sanlorenzo</a> CEO Massimo Perotti stated: "The 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> propels <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> into high gear on our 'Road to 2030.' As pioneers in sustainable yachting, we are at the forefront of applied research into carbon-neutral technologies, utilising green hydrogen and methanol. In synergy with Swan's already sustainable sailing yachts, our combined product development efforts will target a new market segment that does not currently exist. The merger of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, each with its exclusive, limited offerings aimed at a discerning clientele and with no overlap in product portfolios, will establish a unique yachting hub unlike any other, featuring the best of both motor and sailing yachts.”Transaction terms:&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has agreed to acquire 100% of the shares of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Group from Sawa, a company owned by Chairman of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> Leonardo Ferragamo, The transaction is structured in two distinct phases: <ul><li>First Closing: Sanlorenzo will purchase 60% of the shares shortly after the signing of the Binding Agreement. This tranche is priced at €48.5 million, reflecting the pro-rata share of an agreed Equity Value of €80.9 million. This valuation is based on an Enterprise Value (EV) of €90.0 million, with an Adjusted Net Financial Position (NFP) as of December 31, 2023, amounting to €9.1 million.</li><li>Second Closing: Scheduled for April 30, 2028, this phase involves acquiring the remaining 40% of shares. The valuation for this tranche will be the higher of the First Closing Equity Value or an equity valuation derived from a 9x EV/EBITDA multiple, based on the financial results for FY2027.</li></ul>Payment Terms&nbsp;For each closing, the agreed payment terms stipulate that two-thirds will be paid in cash and one-third in <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> shares. These shares will be issued through a capital increase, specifically excluding pre-emptive rights, a provision reserved for Sawa unless unforeseen technical difficulties prevent timely execution. The pricing of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> shares will be determined by the average of the closing stock market prices over the 30 days preceding the respective closing.The agreement includes several conditions precedent that Sawa must satisfy between the signing of the agreement and the First Closing, all in favour of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.Following the acquisition, Massimo Perotti will continue as CEO, with Giovanni Pomati serving as co-CEO 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>. Leonardo Ferragamo will maintain his position as Chairman of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, ensuring leadership continuity and stability.Leonardo Ferragamo, Chairman of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, commented: "For the past 26 years, alongside many dedicated individuals, we have transformed this iconic shipyard into a globally recognised brand synonymous with quality, elegance, and reliability—hallmarks of Nautor Swan. This includes four distinct yacht lines, comprehensive services, and global sports management, as well as the establishment of ClubSwan, a yacht club that unites our owners and enthusiasts who cherish the values Swan upholds. Today, my aim is to ensure the brand's enduring legacy by entrusting it to a leading luxury yachting group headed by Massimo Perotti, one of the sector's most visionary entrepreneurs. This partnership will maximise our collective achievements, and maintaining a significant minority share allows me to continue imparting our culture, knowledge, and experience, benefiting our employees, over 2,300 Swan owners worldwide, and those aspiring to join our community."

Sanlorenzo to buy Nautor Swan

Massimo Perotti, CEO of Sanlorenzo

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Nautor Swan facility, Boatbuilding Technology Centre (BTC) in Pietarsaari, Finland

<a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum Marine Stabilizers</a> has announced the opening of its new Monaco office, located on Rue Suffren Reymond, near Port Hercules. According to the company, the office serves as a strategic move to complete a global support network centred around its clients.<img src="https://photo-assets.superyachttimes.com/photo/399389/image/large-c0e7b99523e63dae7d204a630e9bbe33.jpg" data-gid="gid://syiq/Photo/399389">The expansion strengthens <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum's</a> European presence, joining its headquarters in Fort Lauderdale and existing offices at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a> and in the Netherlands. The company said the new Monaco base reflects the principality's position as the centre of Mediterranean yachting, where more than 300 businesses operate across yacht management, brokerage, design, naval architecture and shipbuilding.<img src="https://photo-assets.superyachttimes.com/photo/399390/image/large-05d3b20c4ac0ba4fba708db7970a1cc5.jpg" data-gid="gid://syiq/Photo/399390">"Monaco is where the superyacht world comes together, and for us, proximity is not a convenience but a commitment," said <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum Marine Stabilizers</a> President John Allen. "Having a presence here means we can sit down with our clients, show them what our technology actually does, and start a relationship that goes well beyond installation."<img src="https://photo-assets.superyachttimes.com/photo/399391/image/large-7a075647c79986529f5c2bb365726c9f.jpg" data-gid="gid://syiq/Photo/399391">The Monaco office will enable <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum</a> to engage more closely with clients and industry stakeholders through in-person consultations, technical demonstrations and training sessions for crew and yacht management companies.The office was officially inaugurated on 2 July 2026 with a reception attended by members of Monaco's yachting community. The company concluded that the expansion reinforces <a data-gid="gid://syiq/Company/5020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Quantum Marine Stabilizers (Company)">Quantum Marine Stabilizers</a>' commitment to providing long-term support to the global superyacht industry.

Quantum Marine Stabilizers opens Monaco office

Quantum Marine Stabilizers has announced the opening of its new Monaco office.

Quantum Marine Stabilizers opens new Monaco office

NextBoat has announced a strategic partnership with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, under which the US-based boating and yacht retailer will adopt <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s AI-powered wholesale platform for the sale of its trade-in and pre-owned inventory.<img src="https://photo-assets.superyachttimes.com/photo/390341/image/large-be765afb7248df37e9b507deb714d575.jpg" data-gid="gid://syiq/Photo/390341">The agreement marks the first time that an enterprise dealer group has adopted the platform as its preferred wholesale partner. Under the arrangement, pre-owned inventory will be evaluated, marketed and sold through <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s nationwide network of wholesale buyers.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates more than 120 locations worldwide and generated more than $2.3 billion in annual revenue. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> believes the partnership will increase transaction volumes across its platform while supporting the growth of its marketplace, data and financing businesses.According to the company, the platform is designed to modernise the wholesale and trade-in process through the use of artificial intelligence, real-time transaction data and a digital marketplace. Features include AI-powered vessel valuations, nationwide wholesale bidding, transaction management tools, automated workflows, inventory analytics and integrated financing and insurance solutions.As part of the agreement, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s finance and insurance division, Newcoast, will provide financing and insurance services for transactions originating through the platform. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> said this has the potential to generate recurring revenue through financing activity and insurance policy renewals as transaction volumes increase.“For 15 years, I've believed the marine industry deserved the same technology, transparency and scale that transformed automotive retail,” said Jason Ruegg, Founder and Executive Chairman of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>.&nbsp;“Today, the largest and most respected company in our industry has chosen to deploy the platform we built. We believe that validation speaks not only to what NextBoat has built, but to where this industry is headed.”Ruegg added that the agreement represents the beginning of the enterprise-scale deployment of the company's platform, with financing and insurance expected to become an increasingly important source of recurring revenue.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">In May 2026, it was announced that online marine marketplace <a data-gid="gid://syiq/Article/66120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales to rebrand as NextBoat (2026-05-19 16:45:00 +0200)">Off The Hook Yacht Sales would officially rebrand</a> as <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> Inc, effective on or about 29 May 2026. The rebrand aimed to reflect the company’s evolution from a traditional yacht brokerage business, into an AI-powered technology platform.As well as this, <a data-gid="gid://syiq/Article/66089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts completes acquisition of Apex Marine Group (2026-05-14 16:30:00 +0200)">Off The Hook Yachts announced it had completed the acquisition</a> of marine, service and storage company, Apex Marine Group. Off The Hook Yachts believes that the Apex acquisition opens the door for additional partnerships, as it expands both its sales and service platforms.Kyle Langbehn, Executive Vice President and President of Retail Operations at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, commented: “By integrating <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s advanced technology into our pre-owned retail platform, we believe we can improve efficiency while continuing to deliver exceptional service to our customers.”

NextBoat launches strategic partnership with MarineMax 

NextBoat has announced a partnership with MarineMax for the sale of its trade-in and pre-owned inventory using its AI-powered wholesale platform.

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

Dörries Yachts construction facilities at Volkswerft Stralsund

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

Dörries Yachts agrees lease for new shipyard in Germany

Turkish shipyard <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Yachts</a> has announced the opening of its new office in Miami, located within the <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK-Merrill Stevens</a> shipyard.<img src="https://photo-assets.superyachttimes.com/photo/394024/image/large-88b0e0522bf33263dfbbf56ce38eaf78.jpg" data-gid="gid://syiq/Photo/394024">According to the company, this marks a strategic expansion, with Miami recognised as one of the key hubs in the global superyacht market as the company continues to grow its international footprint.“The move reflects <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Yachts</a>’ long-term commitment to building closer relationships with the U.S-based clients while providing direct, on-the-ground support throughout every stage of yacht ownership,” the compant commented.<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK-Merrill Stevens</a> is a superyacht refit and repair facility, where RMK Yachts will establish a permanent operational and client-facing presence in the region. Through this, the yard aims to offer clients both its design and engineering expertise, supported by a service network aligned with the international standards.<img src="https://photo-assets.superyachttimes.com/photo/394025/image/large-bef8bfc56ba41776d45294fd74010f0d.jpg" data-gid="gid://syiq/Photo/394025">“The decision to establish a Miami office reflects a clear understanding of the priorities of American yacht owners, who place significant value on having a trusted local representative connected directly to the shipyard,” explained the company.<a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Yachts</a>’ U.S representative and broker, Juan Morillo, will support the collaboration between <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK-Merrill Stevens</a> and <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Yachts</a> to ensure seamless service for American clients.&nbsp;“For U.S. clients, proximity is not simply a preference, it is a matter of trust,” concluded <a data-gid="gid://syiq/Company/14" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Marine (Company)">RMK Yachts</a> Director Cuneyt Okcu. “Having a physical presence there means being accessible, accountable, and responsive, particularly when it comes to after-sales support and warranty services.”

RMK opens new Miami office

Turkish shipyard RMK Yachts has announced the opening of its new office in Miami.

RMK Yachts opens new Miami office within the RMK-Merrill Stevens shipyard

<a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>’ acquisition of <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> has marked a defining step in the group’s international expansion, positioning the US-based operator firmly within the Mediterranean – widely regarded as the epicentre of global yachting. Yet, as CEO Baxter Underwood makes clear, the transaction is less about geographic reach alone and more about aligning with the right people, culture and long-term philosophy.We sat down with Baxter and the team at Monaco Marine as they prepared to rebrand the Mediterranean eco-system under the <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> banner, to understand how this relationship has developed and to find out their plans for the future. <img src="https://photo-assets.superyachttimes.com/photo/393753/image/large-6d9a79cfed5677ff0aef3b6de2780442.jpg" data-gid="gid://syiq/Photo/393753">A people-led approach to expansion<a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s entry into the Mediterranean was not a rapid decision. Over a five-year period, the group evaluated multiple opportunities across the region before completing the <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> acquisition in 2025. The process ultimately reinforced a core principle underpinning its growth strategy: successful expansion begins with people rather than infrastructure.“The growth strategy of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> has always been to evaluate teams in each geography, be that the Caribbean, Central America or in this case the Mediterranean. Monaco Marine stood out for us because they had a strong team and the cultural characteristics to be a platform for expansion in the Med,” explained Baxter.Rather than seeking to replicate its US operating model abroad, <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> prioritised identifying a team already demonstrating excellence within its market. Monaco Marine, with its network of nine facilities across the Mediterranean, offered not only scale but, more importantly, a deeply embedded culture shaped by founder Michel Ducros.Underwood highlights that it was this culture – defined by precision, consistency and a relentless pursuit of improvement – that distinguished <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> from other opportunities. The company’s facilities, while quite significant, were secondary in importance to the strength of its human capital and operational ethos.Culture as the foundation of long-term valueAt the heart of the acquisition lies a recognition that cultural alignment is critical to long-term success. <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> operates with a distinct approach shaped by the nuances of the Mediterranean market, from client engagement to seasonal workflows and service delivery.“In the most important ways, the team and culture built by Michel was remarkably similar to our own. But they also did things differently than we did. Certain elements of their superyacht service model differed from how we operated in the US. We didn’t want to take our American mentality and force it on the European market, so we evaluated and embraced the positive differences, the ones that created value for the customers. This exchange of best practices has proven to be valuable. We’ve already begun implementing many of the learnings into our service model in the US.”&nbsp;Rather than viewing these differences as barriers, <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> viewed them as essential characteristics for succeeding in the region. The objective was not to impose uniformity, but to embrace and learn from a system already optimised for its environment.What ultimately aligned the two organisations was a shared commitment to excellence in a context of teamwork and desire to learn together. Underwood describes <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>’s leadership as possessing an almost artistic attention to detail, supported by continuous investment in training, technology, and operational rigor that is always seeking client feedback. This alignment provides the foundation upon which mutually accretive integration is achievable.<img src="https://photo-assets.superyachttimes.com/photo/393751/image/large-d14364d694d27fa3dccb17b0342b2431.jpg" data-gid="gid://syiq/Photo/393751">Retaining expertise and expanding influenceWith culture identified as the cornerstone of value, retaining Monaco Marine’s team became an immediate strategic priority. <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> worked closely with the existing management team throughout the transition to ensure continuity, leveraging his longstanding relationships across the organisation.The result has been significant team retention – a critical outcome in preserving both operational consistency and client trust. “The nine assets and locations are wonderful, but the technical capability and commitment of the team was the heart of the acquisition,” explains Baxter.&nbsp;Rather than operating independently, the team is now positioned to play an influential role within <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s wider network. Their expertise is informing operational improvements across the group’s US and Caribbean locations, including with sustainability initiatives like <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>’s innovative approach to waste water management.This shift reflects <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s broader philosophy: growth is not achieved by centralising knowledge alone, but by distributing it across its broad network and encouraging regional leaders to shape its global operations.Establishing a European cornerstoneThe acquisition firmly establishes Monaco Marine as <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s flagship platform in Europe. Beyond its physical presence, it provides the local insight necessary to guide further expansion across the region.The Mediterranean’s position as the world’s most significant yachting market makes this foothold particularly strategic. <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>’s team now plays a central role in identifying and evaluating future acquisition targets, ensuring that expansion is informed by regional expertise rather than external assumptions.This approach reveals one of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s core strategies – one that values diverse knowledge as a driver of innovative growth.<img src="https://photo-assets.superyachttimes.com/photo/393752/image/large-b3feb1138e2178b590c702495932782f.jpg" data-gid="gid://syiq/Photo/393752">Creating a seamless transatlantic networkA key objective of the integration is to deliver a unified service experience across both sides of the Atlantic. Even prior to the acquisition, approximately 37 percent of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s US-based superyacht clients were already utilising <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> facilities during Mediterranean operations. That figure has since increased, reflecting stronger alignment between the two networks.The focus has now moved to ensuring continuity. This extends beyond technical capabilities and refit standards to encompass communication, processes and the overall client experience. Owners, captains and crews will encounter the same level of service and operational consistency across the entire network.Monaco Marine’s active engagement with <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s other operations has been instrumental in this process, with cross-regional collaboration shaping a more cohesive global offering.Enabling greater transatlantic mobilityBy connecting two of the industry’s most active cruising regions, <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> is positioned to facilitate more fluid vessel movement between the United States and the Mediterranean. The company believes that this is a good thing for the yachting community.This enhanced connectivity is expected to increase operational efficiency while encouraging more frequent transatlantic cruising among US-based clients. Central to this ambition is the assurance of reliable, high-quality support throughout a vessel’s journey.In this sense, the acquisition aligns with a broader industry dynamic: as yachts operate across increasingly global itineraries, service networks evolve to match their mobility.Balancing identity and integrationOne of the more visible outcomes of the acquisition is the planned rebranding of <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> under the <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> name. While strategically aligned with the creation of a unified global identity, the decision was not made quickly.“This was not an easy decision and something that took both collaboration and support from the team at <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>” adds Baxter. “Our goal is to achieve a sense of oneness for owners, captains, builders, OEMs, so that they can expect the same level of service excellence at every <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> facility.”&nbsp;<a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a>’s brand carries significant heritage within the Mediterranean, and preserving the qualities that underpin that reputation is a priority. For clients, changes will initially be most apparent through branding, signage and on-site identity. However, the overarching aim is for the experience itself to constantly innovate and evolve in favor of the customers.Raising the standard across the industryBeyond its immediate operational impact, the acquisition reflects a broader ambition within <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a>’s strategy. The goal is not solely to expand its own footprint, but to elevate standards across the yachting ecosystem.By connecting regions, sharing expertise and refining service delivery, the group seeks to enhance the experience for owners, captains, crew and industry stakeholders alike.In this context, the integration of <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> represents more than a geographical expansion. It signals a move towards a more connected, consistent and collaborative global yachting landscape – one in which excellence is defined not by location, but by a shared commitment to quality.

Safe Harbor’s Monaco Marine acquisition

We sat down with Baxter and the team at Monaco Marine as they prepared to rebrand the Mediterranean eco-system under the Safe Harbor banner.

Behind the Safe Harbor rebrand of Monaco Marine

<a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> has announced a strategic partnership with <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld Group</a>, with the yacht investment and development company joining as a new shareholder. <img src="https://photo-assets.superyachttimes.com/photo/392443/image/large-7b239a9ab0b56b5f06daa74235a5c53a.png" data-gid="gid://syiq/Photo/392443">The agreement sees <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld Group</a> officially becoming part of the shareholding structure of <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider Luxembourg S.à r.l.</a> The partnership includes a plan for <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld Group</a> to gradually increase its stake, with the full process expected to be completed by the end of 2026. This move aims to provide Wider with new financial support to help carry out its long-term business plans.<a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld Group</a> has provided a capital increase into the company, rather than buying shares from existing owners, providing the company with more money to invest in its future plans.&nbsp;According to Wider, this strategic partnership focuses on accelerating international growth, expanding its global sales network and broadening its product portfolio, while retaining its operational base in Italy’s Marche region.“The entry of <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld</a> into <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>’s capital is a fundamental moment that certifies the value of our vision,” said Marcello Maggi, board member of <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider Luxembourg S.à r.l.</a> “It is not just a financial partnership, but a synergy of intent.” <img src="https://photo-assets.superyachttimes.com/photo/253922/image/large-ba7beb6ee8e753c9d11dd80c094e8252.jpg" data-gid="gid://syiq/Photo/253922" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The partnership builds on an existing relationship between the two companies, which began in 2025 with the presentation of the Oceans Yachts brand and the Oceans 47 model, developed in collaboration with <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>.Lydia Pascarelli, CEO of <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld Group</a>, added: “We are excited to join <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> and contribute to its ongoing growth. We have closely followed the shipyard’s evolution and look forward to supporting the brand’s global development. We believe <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> is well positioned to become a benchmark in luxury yachting.”&nbsp;Furthermore, the agreement is expected to boost <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>’s position in key international markets by leveraging <a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld</a>’s established Middle Eastern network for yacht sales, distribution, construction, and after-sales services.Founded in 2010, <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> is known as one of the early adopters of serial hybrid propulsion systems. The company currently operates facilities on the Adriatic coast: its Fano headquarters for serial production and its Venice facilities, where full-custom steel and aluminum superyachts such as the <a data-gid="gid://syiq/Article/59498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First 28m WiderCat 92 hybrid-propulsion yacht Acali launched (2024-01-15 14:30:00 +0100)">WiderCat 92</a> are built.<a data-gid="gid://syiq/Company/8088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean World Group (Company)">OceanWorld Group</a>, headquartered in the GCC, operates a broad marine network, spanning maritime services, brokerage, boat construction and management, distribution and technical services, as well as representing several international yacht brands in the region.

Wider announces strategic partnership with OceanWorld Group

Italian shipyard Wider announces a strategic partnership with OceanWorld Group, with a capital investment to support global expansion.

 OceanWorld Group becomes shareholder in Wider through new investment

The entire partnership of <a data-gid="gid://syiq/Company/3577" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Clyde & Co (Company)">Clyde &amp; Co</a>’s Hamburg office, together with almost the entire team, is leaving the firm and founding the independent law firm NoordenJones Partnerschaft von Rechtsanwälten und Solicitors mbB (NoordenJones) on 1 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/392259/image/large-7ee97b534df217d776f5c82a25f09922.jpg" data-gid="gid://syiq/Photo/392259">The founding partnership comprises Dr Clemens Hillmer, Dr Eckehard Volz, Dr Volker Lücke, Dr Tim Schommer, Daniel Jones and Dr Stefan Ullrich, alongside newly appointed partners Rory Duncan, Jakob Haas and Anna-Sophie Waldmann.Headquartered in Hamburg, NoordenJones advises on both German and English law, supporting a broad international client base through an established global network of independent firms.NoordenJones’ services span banking and finance, corporate and M&amp;A, commercial, construction, dispute resolution, regulatory matters, restructuring and insolvency, as well as trade and commodities.The firm’s client portfolio includes shipping companies, logistics providers, shipyards, insurers, reinsurers and brokers, in addition to banks, investors and infrastructure developers. Notably, NoordenJones also places emphasis on private wealth advisory, supporting high-net-worth individuals, family offices and their advisers on complex cross-border matters.Within the yachting sector, the firm brings more than two decades of experience advising on high-value assets, including yacht new-build and refit projects, as well as operational and management matters. Its expertise extends to supporting owners and project managers involved in large, complex yacht constructions.“We have been advising many of our clients for over 20 years,” explained NoordenJones, “With NoordenJones, we are creating an independent platform that enables us to provide even more entrepreneurial, flexible and international advice, particularly on complex cross-border matters.”

Clyde & Co Hamburg launches NoordenJones

The entire partnership of Clyde & Co’s Hamburg office, together with almost the entire team, has founded independent law firm NoordenJones.

Clyde & Co Hamburg team launches independent law firm NoordenJones

<a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a> has launched Amico Marine, a new brand representing its network of companies which offer full technical and operational support to superyacht owners, crew and managers.<img src="https://photo-assets.superyachttimes.com/photo/392048/image/large-008affbb539b7acc2e75055597e78dda.jpg" data-gid="gid://syiq/Photo/392048">Amico Marine brings together under one identity the shipyards and companies active in refit, maintenance and services dedicated to the yacht sector. Aimed at enhancing the structure of the brand, Amico Marine combines these companies through <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>’s extensive portfolio, which has been developed over more than 30 years.&nbsp;“With the launch of Amico Marine, we aim to clearly and consistently represent our identity: a network of companies providing full technical and operational support to owners, crews, and managers at every stage of a superyacht’s life,” explained Alberto Amico, Founder &amp; Partner of <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>.Alongside the main refit activities of <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a> and <a data-gid="gid://syiq/Company/2553" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico Loano (Company)">Amico Loano</a>, Amico Marine includes the recently upgraded Gatti boatyard, which is capable of handling boats and tenders up to 30 metres, as well as the 26-berth Waterfront Marina, which accommodates yachts up to 120 metres, and the Acier-Sarimi metalwork workshops. <img src="https://photo-assets.superyachttimes.com/photo/392047/image/large-36ce94826c1b6da5effb23b2b8954823.jpg" data-gid="gid://syiq/Photo/392047">“Amico Marine embodies tradition, technical expertise, and long-term vision, strengthening our international presence and reaffirming our commitment to delivering excellence with constant attention to the client,” added Alberto Amico.The system is completed by Amico Servizi (general services and operational coordination) and Marine Tools (specialised digital solutions for yacht management processes). Services for clients and crews are delivered through Genoa Superyacht Hub, a company managed in partnership with the Pesto Group.“The Amico Marine system represents the evolution of our strategic vision and the result of the long growth journey of <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>,” concluded Bruno Guglielmini, CEO of <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>. “By integrating shipyard operations with marina services, technical services, and the local area, we have contributed to making Genoa one of the world’s leading hubs of excellence in the sector, a position we intend to further strengthen.”(Images courtesy of Amico &amp; Co.)

Amico & Co launches Amico Marine

Amico & Co has launched Amico Marine, a new brand representing its network of companies in the superyacht sector.

Amico & Co launches Amico Marine to combine superyacht services under one brand

<a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">Ocean Platform Marinas (OPM)</a> and <a data-gid="gid://syiq/Company/8807" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Global Ports Holding (Company)">Global Ports Holding</a> have officially commenced operations at the new cruise and superyacht terminal in the Port of Seville, Spain. <img src="https://photo-assets.superyachttimes.com/photo/391682/image/large-3600416ec863f9e4b0ea7f9abb67fe9f.jpeg" data-gid="gid://syiq/Photo/391682">Operating under the company Global Ports and OPM Sevilla, both companies will manage the facilities for the next 25 years, under a concession model that includes a planned investment of more than €5 million.The collaboration combines <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a>’s experience in marina operations with <a data-gid="gid://syiq/Company/8807" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Global Ports Holding (Company)">Global Ports Holding</a>’s global cruise port network, which spans Europe, Asia, Africa and the Caribbean. The concession covers a total area of 5,100 square-metres at the Delicias Quay, which currently accommodates the cruise terminal, adjacent esplanades and the berthing line.In addition, 1,548 square-metres at the Tablada Quay are included in the project, where a new cruise terminal will be developed within one of the port’s historic warehouse buildings, as part of the wider Urban Port District initiative.Once cruise operations are transferred to Tablada, the Delicias Quay will be repurposed exclusively as a marina for large yachts. This reconfiguration is expected to improve separation between cruise and yachting activities, allowing for more specialised services tailored to each segment.The development is intended to enhance Seville’s attractiveness as a destination for both cruise traffic and large yachts, with a focus on improving passenger services, increasing operational efficiency and strengthening the connection between the port and the city.Investment across the project will be directed primarily towards the development of the new Tablada terminal and a broader upgrade of infrastructure and services for both cruise vessels and yachts.Last month it was announced that Spanish tennis player Rafael Nadal’s investment holding company Aspemir had <a data-gid="gid://syiq/Article/65649" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafael Nadal and Aspemir acquire stake in Ocean Platform Marinas (2026-03-17 15:15:00 +0100)">acquired a minority stake in OPM</a>. According to <a data-gid="gid://syiq/Company/8743" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Platform Marinas (Company)">OPM</a>, the incorporation of Aspemir strengthens the Spanish and Mediterranean identity of the project, as well as reinforcing its ties with Mallorca and the Balearic yachting community.

Port of Seville new cruise and superyacht terminal

OPM and Global Ports Holding have officially commenced operations at the new cruise and superyacht terminal in the Port of Seville, Italy.

OPM and Global Ports Holding launch new superyacht and cruise terminal in Port of Seville

Teak deck manufacturer and Deutsche Yachten member <a data-gid="gid://syiq/Company/2960" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolz Nautic OHG (Company)">Wolz Nautic</a> has announced the acquisition of all shares in <a data-gid="gid://syiq/Company/8794" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TESUMO (Company)">TESUMO</a>, a sustainable teak wood alternative manufacturer. The strategic move aims to strengthen its position within the yacht decking and marine flooring sector. <img src="https://photo-assets.superyachttimes.com/photo/297871/image/large-e1379225de3c4bffd33d9d492ec6adcf.jpg" data-gid="gid://syiq/Photo/297871" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The acquisition is set to integrate <a data-gid="gid://syiq/Company/8794" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TESUMO (Company)">TESUMO</a>’s expertise into <a data-gid="gid://syiq/Company/2960" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolz Nautic OHG (Company)">Wolz Nautic</a>’s existing operations, with the aim of expanding its product offering and accelerating the development of alternative decking solutions. Both companies will keep working with their current customers, teams and locations, ensuring a smooth transition.<a data-gid="gid://syiq/Company/8794" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TESUMO (Company)">TESUMO</a> has built a reputation for its expertise in alternative yacht decking materials. Developed as part of a research project by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen Shipyard</a> in partnership with the University of Göttingen, <a data-gid="gid://syiq/Company/8794" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TESUMO (Company)">TESUMO</a> is produced using natural, fast-growing wood sourced from controlled, sustainable forest management.<img src="https://photo-assets.superyachttimes.com/photo/297809/image/large-281846d87118d0c01faf0b125d01ac34.jpg" data-gid="gid://syiq/Photo/297809">Its products have been installed on a number of high-profile projects, including Project Fox, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> and the <a data-gid="gid://syiq/Yacht/6355" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="REV Ocean194.9m (639'5&quot;)Vard Group AS2027">REV Ocean</a>. <a data-gid="gid://syiq/Company/8794" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TESUMO (Company)">TESUMO</a>’s solutions are designed to replace traditional teak wood, meeting the growing demand for more sustainable materials in the superyacht industry. <img src="https://photo-assets.superyachttimes.com/photo/365568/image/large-ddd95d9367bf908ff3b5c55c8692405f.jpg" data-gid="gid://syiq/Photo/365568">“The acquisition of <a data-gid="gid://syiq/Company/8794" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TESUMO (Company)">TESUMO</a> is an important milestone in our company’s development,” said Michael Wolz. “We look forward to combining the strengths of both companies and jointly setting new trends for our customers and the market.”Founded in 1927, <a data-gid="gid://syiq/Company/2960" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolz Nautic OHG (Company)">Wolz Nautic</a> produces prefabricated and pre-manufactured teak decking solutions. The company offers services encompassing decking, exterior furniture, interiors, bathrooms, manufacturing and after-sales services, supporting a wide range of yacht construction and refit projects.With two production sites in Germany and approximately 110 employees, the company had a reported turnover of €16.4 million in 2025. Moreover, <a data-gid="gid://syiq/Company/2960" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolz Nautic OHG (Company)">Wolz Nautic</a> is part of the Deutsche Yachten network, which comprises a number of German companies involved in the construction and outfitting of yachts over 30 metres.

Wolz Nautic acquires TESUMO

 Wolz Nautic has acquired all shares in TESUMO, strengthening its marine decking portfolio.

Wolz Nautic acquires alternative teak solutions company TESUMO

The 79.8-metre Amels 80 yacht Project Zurich has departed the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Vlissingen in preparation for her delivery. According to AIS, the yacht is now displaying the name <a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a> and is making her way towards the United Kingdom before continuing on to the Baltic Sea and the Norwegian fjords.<img src="https://photo-assets.superyachttimes.com/photo/399654/image/large-b7461a17785f4163a57ead5ef41034d3.png" data-gid="gid://syiq/Photo/399654">Launched in March 2026, the third <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 yacht features exterior design by Espen Øino International, with naval architecture by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> and a custom interior design by an award-winning interior design team, which remains confidential.Described by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> as being “distinguished by a refined contemporary character”, <a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a>'s innovative interior design features a carefully curated collection of contemporary art by international artists, which have been integrated throughout the yacht.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/397930/image/large-d20f4b28ba62e8fb0644568654fd0d55.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260709%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260709T143751Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=ab18982d169cceeff10a13661e5baa4bedad43e10a70e9a331c8eee2728f26b9" data-gid="gid://syiq/Photo/397930">"Project Zurich has been an exceptionally rewarding yacht to bring to life,” explained Sander Peeters, Project Manager at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. “From the very beginning, the collaboration with the designers and the owner’s representative team was defined by clarity, trust and a remarkably fluid exchange of ideas.”Construction on the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 yacht began in 2023, with the yacht seen for the first time in November 2024 when her hull was launched from the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Galati, Romania, before she was transferred to the Netherlands for outfitting.Read more: <a data-gid="gid://syiq/Article/62113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hull of third Amels 80 superyacht launched and preparing for outfitting (2024-11-28 14:15:00 +0100)">Hull of third Amels 80 superyacht launched and preparing for outfitting</a><img src="https://photo-assets.superyachttimes.com/photo/397929/image/large-f2517c13ec6db813dd76f01d08744f3c.jpg" data-gid="gid://syiq/Photo/397929"><a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a> can comfortably accommodate up to 14 guests across seven sumptuous staterooms, with her master suite situated on a dedicated owner’s deck. Her remaining six guest staterooms are located on the main deck, while crew accommodation for 20, plus the captain is on the lower deck.This <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 yacht includes a 6.5-metre glass-bottomed pool on her main deck aft, which also serves as a skylight for her beach club below. Opening up on three-sides, the space offers direct access to the water.<a data-gid="gid://syiq/Yacht/12881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Germaine79.8m (261'10&quot;)Amels2026">Germaine</a>'s beach club incorporates a comprehensive wellness and spa area featuring a gym, hammam and sauna, while further signature elements include a spacious sun deck, complete with a Jacuzzi.

Project Zurich: Amels 80 yacht delivered and named Germaine

The Amels 80 yacht Project Zurich has departed the Damen Yachting facility in preparation for her delivery displaying the name Germaine on AIS.

Amels 80 yacht Project Zurich delivered and named Germaine

<a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> has announced the launch of the first 27.97-metre <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht on 1 July at the port of Fano in Italy.<img src="https://photo-assets.superyachttimes.com/photo/399651/image/large-48103691913c2a729257153a5c90d2a5.jpg" data-gid="gid://syiq/Photo/399651">The <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht expands the GTX range and is the result of a joint effort between <a data-gid="gid://syiq/Company/289" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vallicelli Design (Company)">Vallicelli Design</a> studio and the Group’s Engineering Department. Construction began at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Plug and Mould facility and was completed in the new Mondolfo production area where the GTX range is built.&nbsp;The new sport utility yacht incorporates several of <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 distinct features, such as a slightly convex sheer line running from bow to stern and the vertical bow. Her overall appearance expresses sportiness, with a contemporary silhouette, while staying true to <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 DNA.<img src="https://photo-assets.superyachttimes.com/photo/399652/image/large-cbf95dd307eb52bd370394e2e58c44ed.jpg" data-gid="gid://syiq/Photo/399652">Moving inside, the main deck saloon includes a generous C-shaped sofa for socialising and relaxation, while her port side deck is equipped with a large bar counter with three stools, fridges, an ice maker, and a dish washer, while her dining table seating eight is positioned on the opposite side.Spanning two decks and a sportbridge, the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht can accommodate up to eight guests across four comfortable staterooms on the lower deck, comprising a full-beam owner's suite amidships, a VIP stateroom forward and two guest staterooms.Designed to optimise the use of every single space onboard, her master suite extends across the yacht’s full beam. There are also two double crew cabins with private bathrooms and a direct connection to the main galley, ensuring smooth operation and efficient service.<img src="https://photo-assets.superyachttimes.com/photo/399650/image/large-b637da805d41d84f2e5bd0f5d18c228d.jpg" data-gid="gid://syiq/Photo/399650">The helm station of the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht is in the bow and is fitted with three pilot chairs, an optional electrically operated skylight and access to both side walkways leading to the forward area.&nbsp;This space features a sunpad and a dinette fitted with an electric table which moves up and down, offering flexibility to be used as a single sunbathing space with additional seating and direct access to the water.&nbsp;At her stern, the raised cockpit of the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht includes two swing-down side terraces, which extend her beam to its widest point in the cockpit area and increase the deck space to 37 square-metres. <img src="https://photo-assets.superyachttimes.com/photo/399653/image/large-0324ed23881e7aaa4f5d45bb13189868.jpg" data-gid="gid://syiq/Photo/399653">Her cockpit features a spacious panoramic sunpad, with storage beneath for two Seabobs, and a lounge area in the shade of the superstructure, with a forward-facing sofa and two coffee tables.One of the standout features of the <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht is her spacious 33-square-metre sportbridge, which offers over 43 percent more deck space than the average for yachts of this size.A sunbathing area is positioned aft, with a coffee table in the centre of the yacht furnished with a dinette and two large sofas, all of which are sheltered under a generously sized hard top. <img src="https://photo-assets.superyachttimes.com/photo/399649/image/large-c63a3fccd3fab40dedfbcb0b6451aee9.jpg" data-gid="gid://syiq/Photo/399649">The central helm station forward is equipped with three pilot chairs and two control tunnels fitted with azimuth levers. While her double garage can house a <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Jet Tenders (Company)">Williams</a> 395 SportJet tender and a Sea-Doo Spark Trixx Jet Ski.In terms of performance, the first <a data-gid="gid://syiq/Yacht/17226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing GTX90/0127.97m (91'9&quot;)Pershing S.p.a.2026">Pershing GTX90</a> yacht is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> V12X engines delivering 2,200 horsepower each, coupled with a pair of <a data-gid="gid://syiq/Company/2027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Castoldi S.p.A. (Company)">Castoldi</a> TurboDrive 600 HCT waterjets. The yacht has CE Class A certification and is the first unit fitted with two <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">Seakeeper</a> 18 gyroscopic stabilisers.

Pershing GTX90: First 28m yacht launched

Pershing has announced the launch of the first 27.97-metre Pershing GTX90 yacht on 1 July at the port of Fano in Italy.

First 28m Pershing GTX90 yacht launched

The 24.66-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> motor yacht <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> has been sold, with Joe Hill of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> Motor Yacht Sales representing the buyer and Michael St Pierre of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> Monaco representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/399631/image/large-8f34e0131262236d33d87a4d5a1b0a04.jpeg" data-gid="gid://syiq/Photo/399631">Delivered in 2021, <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> is a <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> S78 featuring exterior design and naval architecture by <a data-gid="gid://syiq/Company/2740" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olesinski Ltd. (Company)">Olesinski</a>. Meanwhile, her interior was designed in-house by her British builder, <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.Constructed with a GRP hull and superstructure, the motor yacht has a beam of 5.76-metres and an interior volume of 78 GT. Accommodation onboard is arranged for up to four guests across eight well-appointed staterooms. Dedicated quarters are available for a crew of two, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, propelling her to a top speed of 39 knots and a cruising speed of 37 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/12059" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alexandra II24.66m (80'11&quot;)Princess Yachts2021">Alexandra II</a> had a last known asking price of €3,700,000. Image courtesy of <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>.

25m Princess S78 motor yacht Alexandra II sold

The 25m Princess S78 motor yacht Alexandra II has been sold with a last known asking price of €3,700,000.

25m Princess motor yacht Alexandra II sold

<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has announced the sale of a <a data-gid="gid://syiq/Yacht/12830" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Grande 32/3632.0m (104'12&quot;)Azimut Yachts2025">2025 Azimut Grande 32 Metri</a>, with Roberto Borges representing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/361877/image/large-f01070af2377efd83b0702cec9441623.png" data-gid="gid://syiq/Photo/361877">The 32-metre flybridge yacht features interiors by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a> and naval architecture by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>. Meanwhile, she showcases a sculptural exterior profile designed by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>.With a volume of 212 GT, she accommodates up to 10 guests across five well-appointed staterooms. Onboard, guests can enjoy two beach clubs, a generous forward deck and seamless indoor-outdoor living and entertaining areas.The Azimut Grande 32 Metri has a beam of 7.3-metres and a shallow draft of 1.9-metres. Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, she cruises at 21 knots and reaches a top speed of 26.5 knots.

Azimut Grande 32/36 motor yacht sold

Marine Max has announced the sale of the Azimut Grande 32 Metri/36.

The <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a> has launched a new Yacht Engaged in Trade (YET) programme, providing British Virgin Islands (BVI)-flagged superyachts with a formal path to combine private use with limited commercial chartering in Greek, Monaco and French waters.The certification, which comes under a newly published <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a>, only applies to BVI-flagged yachts measuring 24-metres and above.<img src="https://photo-assets.superyachttimes.com/photo/285871/image/large-8fcbfd6ecd33123efe76d4c151e81472.jpg" data-gid="gid://syiq/Photo/285871">According to <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, owners may retain their Pleasure Certificate of British Registry while taking on a temporary Yacht Engaged in Trade (YET) certificate for the duration of each charter period, for up to a maximum of 84 days per year. Once the charter concludes, the yacht's pleasure certificate is reinstated without requiring conversion to full commercial registration.<a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> also stated that owners are no longer required to leave European Union waters to complete new import or export formalities when switching between private and charter use.&nbsp;Under the programme, yachts may operate on either basis during the 18-month Temporary Admission period without further customs formalities, provided the relevant conditions are met. Yachts with VAT-paid status or in Free Circulation are not subject to the 18-month limit.<img src="https://photo-assets.superyachttimes.com/photo/363128/image/large-9de6013ee3a3b56cf02c66b85dc42db8.jpg" data-gid="gid://syiq/Photo/363128">The programme is intended for yachts already operating to a commercial standard. To qualify, vessels must measure at least 24-metres in load line length, hold class certification and comply with the Red Ensign Group Yacht Code, the Maritime Labour Convention, the International Safety Management Code and the International Ship and Port Facility Security Code.Furthermore, <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> verifies compliance through a survey before issuing a Yacht Engaged in Trade Certificate of Compliance, which must be held before each charter period.Charters are limited to 84 days annually and may carry no more than 12 passengers. For non-VAT-paid yachts, charters can currently only commence in Greek, Monaco or French waters. During charter periods, yachts operate under commercial requirements and remain subject to Port State Control inspections under the Paris Memorandum of Understanding.Commenting on the programme, Business Development Manager at <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, Georgios Bazos, said: "This gives BVI-flagged yachts operating in Europe the opportunity to charter for part of the year while keeping their private registration for the rest. It's a natural next step for the registry, and one more option for owners who want flexibility without added complexity."

VISMA launches 84-day European charter programme for BVI-flagged superyachts

VISMA has launched a new programme, allowing BVI-flagged superyachts up to 84 days of commercial chartering in selected European waters. 

<a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a> has announced the appointment of Gianluca Magini as Yacht Broker. He brings more than 35 years of industry experience to the role.<img src="https://photo-assets.superyachttimes.com/photo/399630/image/large-60c4bafd1fb33034f3fce28e0d1cd9cf.png" data-gid="gid://syiq/Photo/399630">According to the company, Gianluca’s appointment will strengthen its presence across the Mediterranean. Introduced to the world of boating from an early age, he has built his entire career around the industry. He began his career with Ilver, where he gained hands-on experience through yacht refits, deliveries and participation in leading international boat shows.Moreover, Gianluca has been delivering yachts throughout the Mediterranean, particularly to Sardinia and Corsica since 1986. Through this experience, he was able to develop extensive technical expertise and nurture long-standing industry relationships. He later founded his own company in 2000, becoming an official Rodman dealer before going on to represent <a data-gid="gid://syiq/Company/79" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Platinum Yachts FZCO (Company)">Platinum Yachts</a>.Fluent in Italian, English, French and Spanish, Gianluca is currently based in Lavagna and is positioned to assist <a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting's</a> international clients.Photo courtesy of&nbsp;<a data-gid="gid://syiq/Company/4585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Idea Yachting (Company)">Idea Yachting</a>.

Gianluca Magini Idea Yachting Yacht Broker

Idea Yachting has announced the appointment of Gianluca Magini as yacht broker.

Gianluca Magini joins Idea Yachting as Yacht Broker

The 40.05-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> has been sold. <a data-gid="gid://syiq/Company/2429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Yachting (Company)">Absolute Boat</a> introduced the buyer, while Ed Dickinson of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, in a joint central agency with Matthew Ruane of <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright &amp; Partners</a>, represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/333378/image/large-949e06eb85c9e3662f392d4844bef3b4.png" data-gid="gid://syiq/Photo/333378"><a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> is the fourth hull in the Sunseeker 131 series and was delivered in 2016. She features three decks, with a sleek exterior and inviting interior, both designed by the British shipyard.Inside, her modern interiors are distinguished by floor-to-ceiling windows that illuminate satin-finished American walnut wall panels. A palette of silver and grey tones is complemented by Fendi furnishings. Her skylounge serves as a secondary social space, complete with a home cinema setup, a waterfall feature and a wet bar.With a volume of 342GT, <a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> accommodates up to 12 guests across five staterooms. Her layout comprises a full-beam master suite on the main deck and four guest suites on the lower deck. The sundeck features a custom bar, Jacuzzi and sunpads, while a private seating area is located on the bow.Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, <a data-gid="gid://syiq/Yacht/5947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aroha40.05m (131'5&quot;)Sunseeker2016">Aroha</a> has a cruising speed of 18 knots and a top speed of 23 knots.&nbsp;She had a last known asking price of €11,995,000 at the time of her sale.Photo courtesy of&nbsp;<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.

Sunseeker yacht Aroha sold

The 40.05-metre Sunseeker motor yacht Aroha has been sold.

40m Sunseeker superyacht Aroha sold

Plymouth-based boat refit company Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.<img src="https://photo-assets.superyachttimes.com/photo/399628/image/large-90cdcccefd37fd95c414dc2c921b672b.jpg" data-gid="gid://syiq/Photo/399628">Yacht Solutions Europe focused on yacht refit and repairs, with services including engineering, retrofitting, carpentry, upholstery and upgrades. They worked on projects worldwide and opened a base in Florida, USA, in 2023.Yacht Solutions Europe was founded in 2021 by two former <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> employees, Paul Eccles and Dave Watson, after the collapse of a previous business, Yacht Solutions Worldwide Ltd.&nbsp;The assets were sold to Yacht Solutions Europe in a pre-pack deal and was dissolved in 2024, leaving debts of more than £282,000 unpaid, with the company now entering creditors’ voluntary liquidation.<img src="https://photo-assets.superyachttimes.com/photo/399629/image/large-a78e5de8571b860d8e0ffc83ed261014.jpg" data-gid="gid://syiq/Photo/399629">Documents filed on Companies House show assets of about £18,000 which will be used to pay nine employees and the pension scheme, however there is less than £1,000 left for other creditors, which include more than £176,000 owed to HM Revenue and Customs, nearly £85,000 owed to a lender, around £160,000 owed to six other banks and institutions and £82,500 owed to workers as unsecured creditors.There are 21 trade creditors claiming a combined £34,700, while the American arm Yacht Solutions USA is claiming £71,000. Yacht Solutions Europe’s statement of affairs also revealed that an estimated £608,522 will end up being unpaid.Steve Henson, Managing Director at Devon’s Castle Hill Insolvency, has been appointed joint-liquidator.

Yacht Solutions Europe enters liquidation

Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.

Yacht Solutions Europe enters liquidation with more than £600k unpaid debt

The 24.6-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">Jr 28</a> has been listed on the market with Matt Palmer and Edoardo Turati of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>. Delivered in 2020, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is the final <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> 77S ever delivered. <img src="https://photo-assets.superyachttimes.com/photo/399499/image/large-f25d9db87cb1487a4f7095ae1488818b.jpeg" data-gid="gid://syiq/Photo/399499">The <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeazzi Design (Company)">Galeazzi Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/399572/image/large-c8d297fa1d58e4e6aab2c47ca6dae062.jpg" data-gid="gid://syiq/Photo/399572" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Constructed with a carbon fibre superstructure,&nbsp;<a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">Jr 28</a>&nbsp;is lightweight build with a sporty profile and the convertible Sport Fly configuration. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> has been privately owned since new, and has been maintained by a single owner.<img src="https://photo-assets.superyachttimes.com/photo/399552/image/large-23c395b161cf754e2fad53bc81d5aba9.jpg" data-gid="gid://syiq/Photo/399552" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/399523/image/large-30b541ae69b2df8f4369453df678e88e.jpg" data-gid="gid://syiq/Photo/399523">In terms of outdoor living, <a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">Jr 28</a> boasts an aft cockpit arranged for alfresco dining, while the Sport Fly houses a secondary helm station, lounge seating and sun pads. Forward, a spacious sunbathing area is complemented by generous lounge seating, while her hydraulic swim platform grants easy access to the water, and can accommodate a tender of up to 3.85-metres alongside a Jet Ski.<img src="https://photo-assets.superyachttimes.com/photo/399553/image/large-1985ae807023835aaf3528666542bc11.jpg" data-gid="gid://syiq/Photo/399553">Stepping inside, the <a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">yacht Jr 28 for sale</a> embraces a bright, contemporary interior by <a data-gid="gid://syiq/Company/436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeazzi Design (Company)">Carlo Galeazzi</a>, featuring soft neutral furnishings, dark wood cabinetry and light carpeting. Her open-plan main saloon leads to a formal dining area, while floor-to-ceiling windows introduce abundant natural light throughout her living spaces.<img src="https://photo-assets.superyachttimes.com/photo/399504/image/large-383ad92270926d8d12b90c4720e55a9f.jpg" data-gid="gid://syiq/Photo/399504" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/399577/image/large-cd7ef54ebe1d8d123dd1ba24801b568d.jpg" data-gid="gid://syiq/Photo/399577">With a beam of 5.5-metres and interior volume of 85 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> is arranged for up to nine guests across four well-appointed staterooms, including a full-beam owner's suite, a forward VIP stateroom and two twin guest staterooms, one of which features an additional Pullman berth. Moreover, separate quarters sleep up to three crew members. <img src="https://photo-assets.superyachttimes.com/photo/399509/image/large-7108f9e1dc5d6637293c8fbf18e88516.jpg" data-gid="gid://syiq/Photo/399509"><img src="https://photo-assets.superyachttimes.com/photo/399518/image/large-8f998c58354f2a1502901e3740c27192.jpg" data-gid="gid://syiq/Photo/399518">In terms of performance,<a data-gid="gid://syiq/Yacht/17222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jr 2823.6m (77'5&quot;)Azimut Yachts2020">&nbsp;Jr 28</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, delivering a cruising speed of 25 knots and a top speed of 35 knots. <img src="https://photo-assets.superyachttimes.com/photo/399569/image/large-75f6c9a0e3701ef51e707f3c27986a14.jpg" data-gid="gid://syiq/Photo/399569"><img src="https://photo-assets.superyachttimes.com/photo/399570/image/large-a3bcb6e6ff591da3387cf9dd1faa307c.jpg" data-gid="gid://syiq/Photo/399570">

24m Azimut motor yacht Jr 28 for sale

The 24m Azimut 77S motor yacht JR 28 is for sale with Northrop & Johnson. Delivered in 2020, she is the final Azimut 77S ever delivered. 


<a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> has announced the sale of the first 24-metre <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> yacht, representing the fifth new-build yacht sold by <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> in 2026. <img src="https://photo-assets.superyachttimes.com/photo/399606/image/large-c9fb59e8ec9db37d58d53bfff4a6fc75.jpg" data-gid="gid://syiq/Photo/399606">Conceived as a fully custom aluminium yacht, the <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> yacht combines lightweight construction with long-range cruising capabilities. She features interior and exterior design developed by Leonardo Cecchi of <a data-gid="gid://syiq/Company/6683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yellow Addition (Design Studio) (Company)">Yellow Addition</a> in collaboration with <a data-gid="gid://syiq/Company/8757" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="3-Studio (Company)">3-Studio</a>.“The <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> represents another important step in the expansion of <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> into different market segments, while maintaining the same uncompromising standards of quality, craftsmanship and innovation that define every yacht we build,” explained Alessandro Tureddi, CEO of the <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Group</a>.Described by <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> as a contemporary platform, the <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> yacht is entirely customisable to her owner’s requirements. She offers generous interior and exterior spaces, high operational efficiency and flexibility without compromise.“I personally followed this project from its earliest stages, establishing a direct relationship with the client throughout the process,” added Tureddi. “Seeing that relationship evolve into another successful contract makes this achievement particularly meaningful.”Construction of the first <a data-gid="gid://syiq/Yacht/17224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi TD7924.0m (78'9&quot;)Tureddi Group Limited2027">Tureddi TD79</a> is progressing according to schedule, with delivery planned for spring 2027.According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tureddi Group Limited (Company)">Tureddi Yachts</a> has several yachts in-build including the first 36.7-metre <a data-gid="gid://syiq/Article/64820" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Construction begins on first Tureddi Azzurra 36 superyacht (2025-11-21 18:00:00 +0100)">Azzurra 36 yacht</a>, the 27.7-metre Tureddi 92 yacht and the 27-metre <a data-gid="gid://syiq/Article/65732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First full custom Tureddi Yachts TD27 yacht sold (2026-03-30 09:30:00 +0200)">Tureddi TD27 yacht</a>.&nbsp;

Tureddi TD79: First yacht sold

Tureddi Yachts has announced the sale of the first 24-metre Tureddi TD79 yacht, with a delivery date of spring 2027.

Investments & Expansions

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