Italian yard <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo</a>, together with its subsidiaries, has released details about its upcoming IPO, with the company announcing that it will be offering up to 35% of its share capital on the Italian stock exchange (the Mercato Telematico Azionario, based in Milan). <img src="https://photo-assets.superyachttimes.com/photo/60009/image/large-336f0a4043e2b0ceec81d0afae33a151.jpg" data-gid="gid://syiq/Photo/60009">The Offering, which is expected to be launched during 2019, will comprise of newly issued shares resulting from a capital increase with the exclusion of pre-emptive rights, as well as the offering of the existing shares which are currently owned by the selling shareholder (Holding Happy Life S.r.l, or HHL). HHL is the company’s majority shareholder and is controlled by Massimo Perotti, the Executive Chairman of the company. The objective behind the offering is to meet the free float requirements of Borsa Italiana for the STAR segment – the market segment of Borsa Italiana’s equity market which is dedicated to midsize companies.The free float which is required for the listing will be realised by this offering, which is reserved for qualified investors both in Italy and institutional investors abroad, and to Qualified Institutional Buyers (QIBS) in the USA. The proceeds derived from the expected capital increase will be used by the company to “foster and accelerate its future growth and seize market opportunities”,&nbsp;according to <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo,</a> and the company is expected to have a broadly debt-free capital structure after the offering.<img src="https://photo-assets.superyachttimes.com/photo/98336/image/large-3d45716e2f601c6926e14b91820ec65b.jpg" data-gid="gid://syiq/Photo/98336">The 35% of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo (Company)">Sanlorenzo’</a>s share capital which will be offered will also include a greenshoe option (where underwriters can buy up to an additional 15% of the shares on offer). Following the date that the shares are listed, the company will be subject to lock-up commitments for a period of 360 days, with HHL, as the selling shareholder, also being subject to lockup commitments for 180 days. Banca IMI (Intesa Sanpaolo Group), BofA Merrill Lynch and UniCredit Corporate &amp; Investment Banking are acting as joint global coordinators and joint bookrunners in connection with the offering, with Banca IMI (Intesa Sanpaolo Group) acting as sponsor of the admission to listing of the shares. Alantra is acting as financial advisor to the company, with Lazard acting as financial advisor of the selling shareholder. The final terms and structure which the offering will take will be announced just prior to its commencement.

Details revealed of upcoming Sanlorenzo IPO 

Massimo Perotti Sanlorenzo CEO

original

small

medium

large

extra_large

Attila yacht by Sanlorenzo

SYT has the details on the upcoming Sanlorenzo IPO, with the company planning to offer up to 35% of its share capital.

Sanlorenzo to offer up to 35% of share capital in upcoming IPO

Located in the Real Club Náutico de Valencia, <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> has been a benchmark shipyard in the Mediterranean yachting sector since its establishment in 2005. In recent years, the yard has experienced an increase in usage of its services.<img src="https://photo-assets.superyachttimes.com/photo/273417/image/large-faacacf75dff310eebe84c429ffaf5e8.jpg" data-gid="gid://syiq/Photo/273417">Yachts up to 300 tons have been utilising the facility, with many now prepared for summer voyages. The increase in yacht numbers can be attributed to <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia's</a> increased investment in state-of-the-art products and implementation of an improved quality control system. Positive feedback from clients has been a direct result of these efforts.<a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)"><img src="https://photo-assets.superyachttimes.com/photo/273419/image/large-d48aa06709cb4769300986f8491e8980.jpg" data-gid="gid://syiq/Photo/273419">Varadero Valencia</a> offers a wide range of refit and repair services, including deck replacements, repairs, hydraulics, mechanics, electricity, rigging, upholstery, interiors, fairing, polishing, metallic paints, and double-coat lacquering, all expertly provided by Monzó Yacht Painting. Meanwhile, the Carpentry has gained a stellar reputation for its expertise in interior and exterior woodwork.<img src="https://photo-assets.superyachttimes.com/photo/273418/image/large-798ad6a5b36110e9a87c4722892d7a1a.jpg" data-gid="gid://syiq/Photo/273418">“The primary objective is to ensure that clients feel completely at ease from the moment they arrive at the yard, providing them with opportunities to partake in team building activities alongside other captains,” commented <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a>. Clients also have access to the facilities of the Real Club Náutico de Valencia. These amenities include tennis courts, paddle courts, a swimming pool, restaurants, and more, adding an extra level of convenience and enjoyment to their experience.“The efforts put forth by <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> have resulted in a significant improvement in the quality of the services provided, the refit yard has experienced a 100 percent occupancy rate this refit season and witnessed a rise of over 10 percent in large yachts, both sailing and motor,” added <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a>.<img src="https://photo-assets.superyachttimes.com/photo/273420/image/large-8b4d3ea99b1cbae58a1e4b87e7ee79c1.jpg" data-gid="gid://syiq/Photo/273420">Among this year's contented customers are the 26-metre motor yacht <a data-gid="gid://syiq/Yacht/8580" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Taurean 26.4m (86'7&quot;)Riva S.p.A.2011">Taurean</a> and the 27-metre motor yacht <a data-gid="gid://syiq/Yacht/10240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Griffioen 27.31m (89'7&quot;)Bloemsma & van Breemen2006">Griffioen</a>, both of whom have had successful stints at the yard. Captain John Horn of <a data-gid="gid://syiq/Yacht/10240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Griffioen 27.31m (89'7&quot;)Bloemsma & van Breemen2006">Griffioen</a> remarked, "After forty years using facilities of this kind across the globe, I can confidently say that Varadero Valencia excels in organisation, smooth workflows, professionalism, exceptional carpenters, and an outstanding team overall. These factors streamline all tasks and make your stay at the refit yard much more comfortable."<img src="https://photo-assets.superyachttimes.com/photo/273423/image/large-4d90eb229860b87cb0a8458268a45990.jpg" data-gid="gid://syiq/Photo/273423">Sailing yachts are also warmly welcomed on the hardstanding. Recently, work was completed on a 30-metre <a data-gid="gid://syiq/Company/571" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Dam Nordia Shipyard (Company)">Van Dam Nordia</a> and a 24-metre <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>, both of which departed with highly positive impressions of the yard.<img src="https://photo-assets.superyachttimes.com/photo/273422/image/large-1c02b7062ae91daba5418942835f1ee8.jpg" data-gid="gid://syiq/Photo/273422">The enhanced quality and service at <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> have positioned it as a benchmark refit and repair yard, offering yachts optimal conditions to prepare for the sailing season. Additionally, clients greatly appreciate the support and post-refit service provided upon project completion. Presently, <a data-gid="gid://syiq/Company/5626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Varadero Valencia (Company)">Varadero Valencia</a> continues to work on other enticing projects that will soon come to fruition.

Varadero Valencia sees rise in yacht facility usage

Mediterranean's leading shipyard for yacht refits. State-of-the-art facilities, expert craftsmanship, and exceptional customer satisfaction

The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> has announced a new reinvestment fund for the superyacht industry, aimed at ocean conservation. The Ocean Assist Fund plans to promote a new path into nurturing both ocean and human vitality.<img src="https://photo-assets.superyachttimes.com/photo/273322/image/large-81c76517a9d6ab0a6ba06abc70e22e99.jpg" data-gid="gid://syiq/Photo/273322">The Ocean Assist Fund will be used to select marine conservation and restoration projects to allocate funds granted by the yachting community. The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> will use appropriate criteria to determine which projects are selected and will ensure that support goes to the most urgent needs.“By prioritising projects and adopting scientific tools that are urgently needed to protect the oceans, the superyacht community can maximise financial and non-financial resources to support nature-based solutions and aid the global effort to mitigate ecological impacts,” said <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.<img src="https://photo-assets.superyachttimes.com/photo/237001/image/large-34661eb661037cedcc9fa816ea2839c9.jpg" data-gid="gid://syiq/Photo/237001">Read: <a data-gid="gid://syiq/Article/56401" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation unveils YETI 1.0 to evaluate environmental impact in yachting (2022-11-17 16:45:00 +0100)">Water Revolution Foundation unveils YETI 1.0 to evaluate environmental impact in yachting</a>The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> will work with an independent scientific advisory board composed of renowned ocean scientists to identify the projects that will have the greatest impact in preserving the ocean and will feed back their findings to the yachting community.“By investing in ocean conservation through this programme, the superyacht community can act as a significant force to solve ocean problems and make a positive collective impact, not only for themselves but for the planet as a whole,” commented the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>. <img src="https://photo-assets.superyachttimes.com/photo/210814/image/large-2f97f065978c36e73e041f8b3df36273.jpg" data-gid="gid://syiq/Photo/210814">Read: <a data-gid="gid://syiq/Article/56155" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sustainable mooring: How to preserve the world’s largest lung? (2022-10-13 14:30:00 +0200)">Sustainable mooring: How to preserve the world’s largest lung?</a>The project aims to raise awareness and commitment within the yachting community, and will transform financial support for ocean conservation into a business proposition. The project will create a new age of regenerative development in the yachting sector, to help revive our invaluable marine ecosystems.&nbsp;“The Ocean Assist programme will enable yachting to contribute to the achievement of the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals – which seek to protect planet’s and human health, conserve biodiversity, combat climate change and improve livelihoods for everyone, everywhere,” concluded the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.<img src="https://photo-assets.superyachttimes.com/photo/240105/image/large-08aa65fd6517d3cb3aafc9d8202ab996.jpeg" data-gid="gid://syiq/Photo/240105">

Water Revolution Foundation announces Ocean Assist Fund

The Water Revolution Foundation has announced the Ocean Assist Fund for the superyacht industry, aimed at ocean conservation.

Water Revolution Foundation announces Ocean Assist Fund for ocean conservation

<a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> has announced its partnership with NEOM, the global development taking shape in northwest Saudi Arabia. The planned smart city is currently in construction and once complete will support the vision of establishing the area as a world-leading travel destination. <img src="https://photo-assets.superyachttimes.com/photo/250919/image/large-834ab5a6be786201ca6248864772ee79.png" data-gid="gid://syiq/Photo/250919">Through their partnership, <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> will work with NEOM to develop and operate the prestigious marina at Sindalah. Positioned with direct access to the Red Sea, Sindalah will be the closest marina to Europe and the Mediterranean.&nbsp;Sindalah is expected to be a key project in supporting Saudi Arabia’s national tourism strategy, and the marina will offer 86 berths for yachts up to 50-metres. As well as this, additional serviced offshore buoys will provide anchorages for superyachts up to 180-metres.“Sindalah will be one of the most alluring and vibrant yachting destinations in the world, thanks to its strategic location, outstanding amenities and stunning natural landscapes,” explained Antoni Vives, Head of Urban Development at NEOM. <img src="https://photo-assets.superyachttimes.com/photo/250918/image/large-35931dea9dd1c2769f1d6af559839d52.png" data-gid="gid://syiq/Photo/250918">On land, Sindalah will offer guests high-end premium hotel options including Four Seasons and the Ultra Luxury Collection by Marriott. Other tourist attractions will include retail venues, culinary dining from Michelin star chefs and an exotic golf course designed by Robert Trent Jones and operated by IMG.“This partnership with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> is one of many steps we are taking to achieve our vision of reshaping the global yachting calendar, with NEOM located one day’s cruising distance from the Mediterranean Sea.”Read: <a data-gid="gid://syiq/Article/56505" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Sea development: Sindalah, NEOM’s first island development with 86-berth marina announced (2022-12-05 14:30:00 +0100)">Red Sea development: Sindalah, NEOM’s first island development with 86-berth marina announced<img src="https://photo-assets.superyachttimes.com/photo/273050/image/large-3d985d97247e2118f83b87c08bb9ea4e.jpg" data-gid="gid://syiq/Photo/273050"></a><a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> currently offers a network of 23 marinas across 12 countries, and once established, Sindalah will also offer exclusive membership of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> superyacht membership program <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> Trident.“Sindalah perfectly integrates with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s global vision to connect the world’s most incredible yachting destinations across our growing marina network,” added Tom Mukamal, CEO of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>. “The addition of NEOM to the <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> platform provides superyacht owners, captains and charter guests unrivaled destinations, service and convenience. <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> is tremendously excited about the opportunity to promote this amazing new destination to the international yachting community.”<img src="https://photo-assets.superyachttimes.com/photo/273043/image/large-91d98ad2b2e78c4726181f722b5c486a.jpg" data-gid="gid://syiq/Photo/273043">NEOM is currently in-build, with the first destinations due to open in 2024. The project has been phased with OXAGON getting its first residents in 2024 and TROJENA becoming a place to live, work and holiday in 2026. THE LINE will be activated in 2026 and by 2030, around one million people will be residing in NEOM, with predictions that this figure will rise to nine million in 2045.

IGY Marinas partners with NEOM marina Sindalah in Saudi Arabia

IGY Marinas has announced its partnership with the NEOM marina Sindalah to develop yachting in Saudi Arabia.

IGY Marinas partners with NEOM marina Sindalah to develop yachting in Saudi Arabia 

<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> has announced the appointment of George Whitehouse as Business Development Director at their global headquarters in Fort Lauderdale, Florida.<img src="https://photo-assets.superyachttimes.com/photo/273029/image/large-2f7927992266e1459efc765477101bac.png" data-gid="gid://syiq/Photo/273029">George Whitehouse joins the company with a wealth of information and over 35 years of experience in the superyacht industry. Throughout his career he has worked as a captain for superyachts between 50 and 73-metres, as well as a Business Development Director at some of the most renowned shipyards.George has demonstrated his commitment to the industry through his roles at the <a data-gid="gid://syiq/Company/243" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich Shipyards (Company)">Rybovich Marina &amp; Shipyard</a>, <a data-gid="gid://syiq/Company/1868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Savannah Yacht Center (Company)">Savannah Yacht Center</a> and his involvement with the redesign of <a data-gid="gid://syiq/Company/2067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lauderdale Marine Center (Company)">Lauderdale Marine Center</a>."I am thrilled to join <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>," said Whitehouse. "With my experience and the exceptional team at <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">N&amp;J</a>, we will unlock the full potential of our organisation and elevate the positioning of big boats in the market."<img src="https://photo-assets.superyachttimes.com/photo/219126/image/large-206b550a22422538d353d3e1d1b64044.jpeg" data-gid="gid://syiq/Photo/219126">As the new Business Development Director at <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>, George will collaborate with all of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>’s Commercial Divisions. His role will involve driving business and focus on delivering outstanding results for clients, while leveraging his expertise in handling large vessels and optimising operational processes."Having George join the <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> team is an exciting moment for us. His wealth of experience and expertise in the superyacht industry will undoubtedly elevate our capabilities and strengthen our position as a leader in the market," concluded Daniel Ziriakus, President and COO of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>.

Northrop & Johnson appoints new Business Development Director

Northrop & Johnson has announced the appointment of George Whitehouse as Business Development Director.

George Whitehouse joins Northrop & Johnson as Business Development Director

Netherlands-based marine electrical companies <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> and <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a> have joined forces to provide further services to the maritime community. From 1 June 2023, <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen</a> will officially fall under the umbrella of the <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> Group. <img src="https://photo-assets.superyachttimes.com/photo/272578/image/large-9ac400099a30d4992090ad355ee17e18.jpg" data-gid="gid://syiq/Photo/272578">The merger will bring the two companies together for the delivery of advanced electrical system integration systems for all types of yachts above 30-metres. The shared vision between <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> and <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a> allows the companies to expand on their portfolios while meeting the needs of those within the industry.&nbsp;"Our two families are uniting to deliver the best solutions for the yachting industry,” explained Gert Bravenboer, CEO at <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a>. “Fully complementary to each other, we are uniquely positioned to create value for existing and new customers. Together, we will be the go-to technology partner on all aspects of automation, electrification and digitalisation. From consulting, engineering and installation to commissioning, service and maintenance, it's a perfect fit."<img src="https://photo-assets.superyachttimes.com/photo/272577/image/large-150d4282ba9b14d3509de682379e56c2.jpg" data-gid="gid://syiq/Photo/272577">The merger will represent a new chapter in history for both <a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> and <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a>. This will benefit not only both companies, but also the employees, customers and shareholders. This will allow them to provide even more innovative solutions and expand the complexity of their projects.“<a data-gid="gid://syiq/Company/317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alewijnse (Company)">Alewijnse</a> is the best choice because the chemistry between the companies means we speak the same language and complement each other. The synergy is great because we stop where Alewijnse starts. Our combined portfolio will broaden all at once to cover yachts from 30 right up to 130 metres. Together, we form a one-stop-shop for every kind of yacht. That way we can completely unburden our customers," added Pedro Kappen, owner of <a data-gid="gid://syiq/Company/7180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tijssen Elektro (Company)">Tijssen Elektro</a>.<img src="https://photo-assets.superyachttimes.com/photo/272579/image/large-1444065a001052c048600aeb12470fcf.jpg" data-gid="gid://syiq/Photo/272579">

Electrical services companies Alewijnse and Tijssen Elektro merge

Alewijnse and Tijssen Elektro have joined forces to provide further services to the maritime community.

Alewijnse and Tijssen Elektro merge to strengthen yacht electrical services

A new yacht brokerage firm, <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>, has been founded by Mario Cicognani and Karin Paggi, professionals with a cumulative experience of 32 years in the purchase, sale, and construction of yachts ranging from 30 to 60 meters. The two brokers have joined forces to offer clients 'expertise, reliability, and a well-established network of industry experts'. <img src="https://photo-assets.superyachttimes.com/photo/272056/image/large-2b4ec4d37307b89e90bb6de5ad3616ee.jpg" data-gid="gid://syiq/Photo/272056">As Cicognani says, "Whether it involves a new build, purchasing, or selling superyachts, we are committed to providing a fully customised service that ensures flawless, fast, easy, and transparent processes. We place great importance on discretion and attentively listening to individual needs in order to meet our customers' requirements, while also ensuring a pleasant and stimulating customer experience."<img src="https://photo-assets.superyachttimes.com/photo/272057/image/large-dab6546dfb423f5d944a6565997e80c3.jpg" data-gid="gid://syiq/Photo/272057"><a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a> will offer its clients a boutique brokerage approach. As Paggi emphasises, "We serve as a constant point of reference and have established long-standing relationships with our customers based on trust. At <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>, clients are free to choose their degree of participation and involvement in the project at any time. We can offer our clients an extensive list of professionals to choose from, including lawyers, designers, surveyors, and management companies, based on their preferences, experience, and sensitivity. By listening to their wishes and expectations, we deliver a tailor-made service and always recommend the best possible solution."<img src="https://photo-assets.superyachttimes.com/photo/272055/image/large-f90b86a842173a5db10923173040de7a.jpg" data-gid="gid://syiq/Photo/272055">The name <a data-gid="gid://syiq/Company/6982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Karma Yachting (Company)">Karma Yachting</a>, in addition to being an amalgamation of the founders' names, also represents their philosophy of life, both in private and professional realms: to act in a correct and ethical manner.

Karma Yachting brokerage firm founded

A new yacht brokerage firm Karma Yachting has been founded by two Italian brokers. 

New yacht brokerage firm Karma Yachting has been launched

The Australian refit and maintenance yard <a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a> has expanded its capacity with a new 90-tonne travel lift. <a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a> now has five machines operating over both yards, lifting every type of vessel up to 300-tonnes. <img src="https://photo-assets.superyachttimes.com/photo/271396/image/large-262e69762e3293cdea5ebb23c818e1a5.jpg" data-gid="gid://syiq/Photo/271396">“To keep pace with demand, we decided to invest in this variable width, all-wheel drive machine,” &nbsp;explained <a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a> owner, Tony Longhurst. “It has an adjustable beam width narrowing the vessels footprint from 8 metres down to 5.5 metres allowing &nbsp;the team to maximise the vessel set down footprint. This is brilliant for boat storage as we can go &nbsp;narrow for the narrower runways and use it for packing boats in tight spots.”<img src="https://photo-assets.superyachttimes.com/photo/271403/image/large-7b2678db6b2f3538e335970d91427a01.jpg" data-gid="gid://syiq/Photo/271403">Built in Italy, the machine boasts unique Dynamic Steering Control (DSC), which its manufacturer defines as “allowing seamless transfer between 4 modes with infinite adjustment between each to allow &nbsp;progressive adjustment of the radius of rotation”. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/271400/image/large-ef3dbdd75e8fce9694a90fd655441dc6.jpg" data-gid="gid://syiq/Photo/271400">DSC is an innovative steering management system developed by Boat Lift. This system allows an operator to linearly move the axis of rotation in any position between the axis of the front wheels and the rear wheels. This makes it possible to significantly reduce the manoeuvring space required for the handling and storage of boats. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/271399/image/large-b8c8cfd255ccd65151a343b3828635b2.jpg" data-gid="gid://syiq/Photo/271399">The new 90-tonne Boat Lift is currently undergoing commissioning and will be ready to haul-out boats in June 2023. “The new Boat Lift gives us more flexibility, makes us more efficient and gives owners more &nbsp;options,” said Tony Longhurst. “We can lift wide multihulls and monohulls, and we can lift a lot more boats now. This new 90-tonne machine takes our service capability to a new level!”<img src="https://photo-assets.superyachttimes.com/photo/271397/image/large-12673dafa039aa1625d3ffaae6921e1d.jpg" data-gid="gid://syiq/Photo/271397">

The Boat Works welcome 90-tonne travel lift

Australian refit yard The Boat Works has welcomed a new 90-tonne travel lift from Italy. 

Australia's The Boat Works expands capacity with new 90-tonne travel lift

<a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate Marina &amp; Shipyard</a>, based on the Brisbane River in Australia, is due to go onto the market in order to facilitate its next stage of development. The shipyard and marina, which is at this time a family owned business, was founded in 2006 and has gained an international reputation for its services and facilities. It has also been a pivotal destination for the growth of the Australian and Pacific superyacht industry. <img src="https://photo-assets.superyachttimes.com/photo/263278/image/large-831c2f4566a287e7110c038ff50d0d6f.jpeg" data-gid="gid://syiq/Photo/263278"><a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate</a> Director Tom Hill commented, “This has been a difficult decision for our family-owned business, but we believe the time is right for a new owner to continue our work and oversee the next exciting phase of the Rivergate story.”Read:&nbsp;<a data-gid="gid://syiq/Article/57255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Investment, expansion and the rise in the Australian superyacht market: Director Tom Hill on Rivergate Marina (2023-03-29 16:00:00 +0200)">Investment, expansion and the rise in the Australian superyacht market: Director Tom Hill on Rivergate Marina</a> <img src="https://photo-assets.superyachttimes.com/photo/224514/image/large-e191b1448da2cf7d76e308e1624c2fe5.jpg" data-gid="gid://syiq/Photo/224514"><a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate</a>’s facilities include 300-tonne and 75-tonne travel lifts, a 55-metre refit shed, hardstand, berthing for vessels up to 90 metres, 24-hour fuel wharf and more than 20 world-class marine trades on site. It features a 105-berth marina with all-tide deepwater access and 24-hour refuelling.Over recent years the shipyard has announced a number of major expansion plans, securing approval for $200 million AUD expansion in 2022. Plans include a state-of-the-art 3,000-tonne ship lift, SPMT transfer system, additional open hardstand space, refit sheds and support building, and in-water service berths suitable for a wide range of superyachts, commercial and Defence vessels.&nbsp;Hill added, “Australia is ideally placed to take more advantage of the buoyant global superyacht market, which &nbsp;has seen substantial pent-up demand to visit our region if there was more capability to service &nbsp;vessels over 50 metres,” Mr Hill said. &nbsp;“Any future expansion of Rivergate would also be excellent timing for the 2032 Olympic and &nbsp;Paralympic Games to be held in Brisbane, with industry expectations that the event will attract &nbsp;around 200 superyachts.” Mr Hill said Rivergate was known not only for the expertise and meticulousness of the tradespeople &nbsp;that refit and repair superyachts, but a level of customer service second to none. &nbsp;“With our strong global brand, highly experienced management team and staff in place and track &nbsp;record of successfully servicing hundreds of superyachts and commercial vessels over the past 17 &nbsp;years, Rivergate represents a rare market opportunity,” he said.

Rivergate Marina and Shipyard for sale

Rivergate Marina and Shipyard seeks new owner. 

Rivergate Marina and Shipyard seeks new owner

<a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> partner and long-term friend of the company Mario Veloná has passed away. <img src="https://photo-assets.superyachttimes.com/photo/270213/image/large-8c17263f0adcfdb613f5767a259ba046.jpg" data-gid="gid://syiq/Photo/270213">Mario was a successful yacht Captain before joining forces with fellow Captain Marco Vandoni to create Veloná Yachting in 1997. Veloná Yachting operated for a number of years before it became part of <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> in 2005.Mario continued as a Director and Broker before falling in love with the natural beauty and local culture of Costa Rica where he retired in 2018. An aggressive illness forced Mario to return to the South of France where, in the presence of Ayrton and Alex, he peacefully sailed away on Tuesday, 9th May.<img src="https://photo-assets.superyachttimes.com/photo/270214/image/large-c71ad4eb56cca87cc0cc66ffb8e0bdbf.jpg" data-gid="gid://syiq/Photo/270214">“Mario was an expert member of the yachting industry and gifted with a free spirit, genuine interest in people and immense charm. Mario will be fondly remembered and greatly missed by family and friends, his former colleagues at <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> and all who worked with him in the yachting industry,” commented <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.A service will be held in Nice (Crematorium de la Metropole Nice) on Monday 15th May at 4pm. After that, friends are invited to get together in remembrance of Mario at “La Cambuse” in the Port of Cap D’Ail.

Ocean Independence partner Mario Veloná passes away

Ocean Independence partner and long-term friend of the company Mario Veloná has passed away.

From concept to completion, the new 4,300-tonne shiplift at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> was four years in the making at a cost of at least €70 million. A truly international venture, the project brought together contractors from half a dozen countries to resolve the many logistical, engineering and environmental challenges. We take a closer look at how it was done.<img src="https://photo-assets.superyachttimes.com/photo/261587/image/large-039002e970e80a7ca246214bed1d7e09.jpg" data-gid="gid://syiq/Photo/261587">It is difficult to appreciate the sheer scale of the new shiplift in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> unless you’re standing on top of it. The platform itself is 100 metres long, 20 metres wide, 2.7 metres deep and weighs 1,100 tonnes. It is now open for business, but the total redeveloped area covers 40,000 square metres and construction work continues on the peripheral infrastructures.The design and construction of a shiplift is composed of four principal activities: civil works, lift and transfer systems, platform fabrication, and installation followed by commissioning. The most cost-effective approach is for the shipyard to act as the general contractor and issue separate contracts for each of the activities. <img src="https://photo-assets.superyachttimes.com/photo/261585/image/large-76295cb817ddfe17c4cc27eb302e3055.jpg" data-gid="gid://syiq/Photo/261585"><a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 Group</a> divided the cost of the shiplift with <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat Shipyards</a>, the public company that manages the port area, but has spent an additional €13 million on adjacent facilities. The total stake represents a formidable asset for the refit shipyard, which can now host up to six more 100-metre plus superyacht on the hard, adding to an infrastructure that already includes a 2,000-tonne yacht lift, 600-tonne crane, 300-travel lift and 200-metre dry dock.&nbsp;Installing a shiplift in La Ciotat had been envisaged by <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> ever since it acquired a majority stake in <a data-gid="gid://syiq/Company/5474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CompositeWorks (Company)">CompositeWorks</a> in 2017. Work got under way the following year with preliminary simulations in compliance with French regulations and safety codes to determine the optimal size of the shiplift based on the land area available.“Every increase in lifting capacity is accompanied by an exponential increase in cost, so the final 4,300-tonne capacity represents the best balance between cost, commercial opportunities and the space we had to work with,” says Joe Degabriele, Senior Business Development Manager at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a> tasked with commercialising the shiplift.<img src="https://photo-assets.superyachttimes.com/photo/261582/image/large-57990f9cf95d2e2aaa6476f37e7ec399.jpg" data-gid="gid://syiq/Photo/261582">Bardex Corporation, a US-based specialist in heavy load handling and positioning equipment, was contracted to oversee the design of the shiplift and transfer systems. In order to better understand the local business culture and practices, Bardex chose to partner with Matière SAS, a French engineering and construction company.“The design process starts by understanding the client’s needs and objectives for the facility, says Robert Taylor, senior structural engineer at Bardex. “We also investigate the site setting, access to and from the facility, the yard arrangement and the geological conditions. All of these inform us about the types of foundation system, yacht transfer arrangement and implementation plan that is most appropriate for the project.”Weight-liftingShiplifts are all about are speed and efficiency. In La Ciotat the entire process of lifting and positioning a yacht on the hard takes less than three hours, whereas the same procedure in a traditional graving dock requires the best part of a day. A shiplift can serve multiple parking places, but a dry dock usually hosts just one vessel at a time.&nbsp;The shiplift relies on very different technology from classic winches and cables. The Chain Jack Lift system is widely used in military shipyards for lifting warships and nuclear submarines. Powered by hydraulic rams, a chain jack hoists by engaging and pulling in a short length of chain, engaging a stop pin, retracting and repeating the process. <img src="https://photo-assets.superyachttimes.com/photo/261584/image/large-53a9dbfa280b0d59027c0314124af81d.jpg" data-gid="gid://syiq/Photo/261584">The system offers more precise movement of the platform than wire ropes or cables, which are prone to stretching (Lloyd’s requires 20 per cent of wire ropes to be removed and destructively tested each year and all wire ropes to be replaced every 5-10 years). La Ciotat has 20 chain jack units, 10 on each side of the pit, and each has two closed-loop chains for 100 percent redundancy.The lifting procedure is complex because it involves coordinating the motion of 20 devices connected to the same platform. The system moves one pitch, or two links of chain, each cycle for all 40 chains (factory tests show that the movement of the chain jacks can be coordinated to within one millimetre of each other). The entire lift system resets every cycle, which prevents the accumulation of differential elevation. To ensure all the units are working in perfect synchronisation, remote sensors relay the parameters in real-time to the central command system.“Hydraulic cylinders are ideally suited to shiplift operations because their movement is consistently precise,” says Taylor. “Bardex has further improved the synchronisation by equipping the lift stations and control system with hydraulic feedback motion control. This technology is widely used in heavy industrial robotic automation applications that require high precision motion control, such as special-purpose arc welding robots.”To guarantee an uninterrupted supply of electricity, the lifting system has its own dedicated substation with transformers supplied by the French division of the German company Schneider Electric. <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> invested in a further three substations for the supply of reliable shore power to the yachts and for refit work.<img src="https://photo-assets.superyachttimes.com/photo/261583/image/large-4166e0e83d90ea707fb10360c701a083.jpg" data-gid="gid://syiq/Photo/261583">Running on railsBuilt by Metallic Bridges Belgium (MBB), the actual platform had to be delivered by special transport. When a yacht enters the lifting pit and the chain jacks are activated, it comes to rest on a modular cradle that can be adjusted to suit the size of the vessel (<a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92</a> ordered four such cradles from Schwartz Hautmont in Spain). As in a graving dock, divers assess that the ‘mating’ between hull and cradle is a snug and secure fit.&nbsp;Once the platform has been locked at ground level, the next phase is to transfer the yacht sideways off the platform and then longitudinally to a hard-standing space. Four-wheel bogies or trolleys constructed by Bardex Industries in South Korea are aligned under the cradle. The bogies, which have a passive hydraulic suspension system to raise the yacht and its cradle over the top of the chain jack units, run along 6.5km of intersecting rails built by Bemo Rails in The Netherlands and can change direction by lifting themselves off the tracks and turning their wheels 90 degrees. <img src="https://photo-assets.superyachttimes.com/photo/261597/image/large-cd3dfe47b75870da76a82b08717ad440.jpg" data-gid="gid://syiq/Photo/261597">The two axes of motion meant the rails and intersections had to be installed to a tolerance of +/- 5mm to ensure smooth transfers. Maintaining stability is obviously essential throughout the operation, especially when moving the yacht off the platform.“Transferring yachts laterally off the platform required careful coordination of the civil works, structural system and lift station elevations to ensure adequate clearance for the yacht and static supports to pass over the lift stations,” says Taylor. “This type of transfer operation also imposes unbalanced loads on the structural systems. Detailed engineering analysis and the use of hydraulically actuated pin supports were required to ensure the structure remains stable under this loading condition.” <img src="https://photo-assets.superyachttimes.com/photo/261598/image/large-46859a2c27c1aaa4e641dcc7c146976b.jpg" data-gid="gid://syiq/Photo/261598">There are five hard-standing places to the side of the platform and one in front of it (a 6th is a common area that can be used for short-term projects such as pre-purchase inspections). Once in position, the cradle is lowered to the ground, the bogies removed and the yacht hooked up to the shore power, fresh water and waste management systems. Anchoring points in the concrete are used for bracing scaffolding and tenting when the yachts need to covered. <img src="https://photo-assets.superyachttimes.com/photo/261599/image/large-5e0187dde33c13a6e4b502b4da2f46b1.jpg" data-gid="gid://syiq/Photo/261599">At the time of writing, the shiplift and transfer systems were approaching completion before final testing and certification by <a data-gid="gid://syiq/Company/554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyds Ships (Company)">Lloyds Register</a> (shiplifts come under Lloyds’ Code for Lifting Appliances in a Marine Environment, excluding the civil engineering works). Despite the many technical and logistical challenges, the shiplift was on schedule for its official inauguration in September.&nbsp;“The most difficult thing has been organising all the different companies around the world and up to 200 personnel working on site each day, especially during the Covid pandemic,” says Mathieu Bauden, the man responsible for coordinating the works as Facilities &amp; Storage Manager at <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>. “But it’s a great source of satisfaction that when we signed this project four years ago, we decided to open the platform on 15 September 2022. And that is still the opening date.”<img src="https://photo-assets.superyachttimes.com/photo/261591/image/large-603e1e48173db47dc861262e8eaf1093.jpg" data-gid="gid://syiq/Photo/261591">SHIPLIFT TRIVIA• The Syncrolift System was invented by Raymond Pearlson, who was later awarded the Sperry Award for his invention. The first Synchrolift in 1957 had a lifting capacity of 100 tons.&nbsp;• In 1967 Hydranautics, now Bardex Corporation, designed, patented, manufactured and delivered the first shiplift using chains instead of wire rope.&nbsp;• The Three Gorges Dam on the Yangtze in Central China has a shiplift for transferring vessels up to 3,000 tonnes across a vertical distance of 113 metres. The ship chamber has a pool of water 120 metres long by 18 metres wide and 3.5 metres deep.&nbsp;• The world’s largest shiplift dedicated exclusively to yachts is the 4,800-tonne shiplift at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a>. Commissioned in 2019, it was designed and supplied by Pearlson Shiplift Corporation.This article was originally published in September 2022 of Issue 1 of the How to Build It magazine. <a href="https://superyachttimes.com/api/download/how-to-build-it-issue-1" target="_blank">You can download the entire magazine for free here</a>.

At the shipyard with MB92 La Ciotat

Justin Ratcliffe went behind the scenes for the unveiling of the new shiplift at MB92 La Ciotat.

How to build a shiplift with MB92 La Ciotat

The 50.42-metre <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a> motor yacht <a data-gid="gid://syiq/Yacht/3683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ileria50.42m (165'5&quot;)Turquoise Yachts2013">Ileria</a> has been sold, with James Auld from <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a> representing the buyer and Richard Gray from <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/246761/image/large-4abe73dc7dfb85ecbdcb96ad9ec0669c.png" data-gid="gid://syiq/Photo/246761">Delivered in 2013, <a data-gid="gid://syiq/Yacht/3683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ileria50.42m (165'5&quot;)Turquoise Yachts2013">Ileria</a> features exterior design by <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a>, while her interior was penned by <a data-gid="gid://syiq/Company/264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="J.G. Verges Design (Company)">J.G. Verges Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise Yachts</a>. Up to 14 guests are accommodated onboard the superyacht Ileria, and she also has accommodation for 11 crew members including the captain. <img src="https://photo-assets.superyachttimes.com/photo/246773/image/large-8dc03fc03fe2638587bdb1683b6c5a48.png" data-gid="gid://syiq/Photo/246773"><img src="https://photo-assets.superyachttimes.com/photo/246774/image/large-8e2dbedfa9f2dcb824fccc83335d8c64.png" data-gid="gid://syiq/Photo/246774"><a data-gid="gid://syiq/Yacht/3683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ileria50.42m (165'5&quot;)Turquoise Yachts2013">Ileria</a> has a steel hull and aluminium superstructure. She is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, which give her a cruising speed of 12 knots and a top speed of 14.5 knots. <img src="https://photo-assets.superyachttimes.com/photo/246768/image/large-c7f677e3bb2680fef21c8477705ef978.png" data-gid="gid://syiq/Photo/246768"><img src="https://photo-assets.superyachttimes.com/photo/246767/image/large-44c639b060cb2aef76db3ad7f0ed2218.png" data-gid="gid://syiq/Photo/246767"><img src="https://photo-assets.superyachttimes.com/photo/246752/image/large-6f50026ab64311fca610669483277f13.png" data-gid="gid://syiq/Photo/246752">Her last known asking price was €19,500,000.

50m Turquoise motor yacht Ileria sold

50.42m Turquoise yacht Ileria sold, with James Auld from SuperYachtsMonaco representing the buyer and Richard Gray from IYC representing the seller

<a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> has announced that the third <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 superyacht began her sea trials this week in the North Sea. The 60-metre motor yacht is part of the Limited Editions series and is currently for sale with her builder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>.<img src="https://photo-assets.superyachttimes.com/photo/273481/image/large-42a3b6b5d54ec2e33e2ad2ff3c7c58b3.jpg" data-gid="gid://syiq/Photo/273481">The third <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 yacht features &nbsp;a distinctive exterior design by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> with signature geometric windows and naval architecture from <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. She also boasts a contemporary interior design, penned by UK-based studio <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>.The <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 offers a generous arrangement with accommodation for up to 12 guests and 13 crew. Her owner’s suite situated on the main deck includes a seven square-metre balcony and a full-beam ensuite bathroom, as well as a walk-in wardrobe forward. <img src="https://photo-assets.superyachttimes.com/photo/273485/image/large-c6610ea26563397ca0e536cbcdb51718.jpg" data-gid="gid://syiq/Photo/273485">The remaining four staterooms are situated on the lower deck, alongside her beach club. All of her staterooms are able to sleep two guests and include beautifully appointed ensuite bathrooms.The design of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 yacht features one of the largest sundecks in this size range, at 162 square-metres. This expansive area contains a Jacuzzi with a swim-jet function for up to six guests, a shaded alfresco dining area, bar, and a cinematic set-up for movie nights. She is also equipped with a touch-and-go versatile helipad that can also be used as a sunbathing spot or a unique gym area.<img src="https://photo-assets.superyachttimes.com/photo/273483/image/large-8d86e3f252d584e8c7da808603eaa3a4.jpg" data-gid="gid://syiq/Photo/273483">The beach club onboard the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 yacht features direct access to the water from her swim platform, as well as a sauna, a steam shower, a choice of seating and ample storage for water toys. She also has a hidden storage system on her foredeck, which is capable of holding two tenders.In terms of performance, the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 superyacht is equipped with the most advanced hybrid propulsion system supplied by <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> so far. The system is able to reduce fuel consumption and emissions, while protecting the lifespan of the generators and the main engines.<img src="https://photo-assets.superyachttimes.com/photo/273482/image/large-8c130de6eb9506e19b224b74baf9e78b.jpg" data-gid="gid://syiq/Photo/273482">“This proven hybrid system currently offers the best solution to reduce harmful emissions, reduce noise and vibrations while benefiting from lower fuel and maintenance costs,” explained <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> Project Manager, Joppe Osté. “It also allows you to cruise up to a certain speed without using the main engines, solely cruising on the generators.”The <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 yacht has an expected delivery date of August 2023, where she will join her award-winning first hull in the series, <a data-gid="gid://syiq/Yacht/8658" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Come Together60.0m (196'10&quot;)Amels2022">Come Together</a>, and her customised sistership <a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a>. The <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 series currently comprises two delivered yachts and four under construction since its introduction in 2019.<img src="https://photo-assets.superyachttimes.com/photo/273484/image/large-09872b28401603a42e96cf27384bdc50.jpg" data-gid="gid://syiq/Photo/273484">

Third Amels 60 yacht on sea trials in the North Sea

Damen Yachting has announced that the third Amels 60 superyacht began her sea trials this week in the North Sea.

home-featured-topleft#0

Third Amels 60 superyacht on sea trials in the North Sea

Italy-based yacht builder <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> has announced the launch of the fourteenth <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Navetta 30 yacht <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a>. The 28.43-metre displacement yacht entered the water for the first time 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> Superyacht Yard in Ancona, Italy.<img src="https://photo-assets.superyachttimes.com/photo/273449/image/large-146cdf357a4134bd16518bfa2765d362.jpg" data-gid="gid://syiq/Photo/273449"><a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> is characterised by a sleek and dynamic profile, with horizontal lines sweeping from her bow to aft. She features exterior design by <a data-gid="gid://syiq/Company/5547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Filippo Salvetti (Company)">Filippo Salvetti</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a>.<img src="https://photo-assets.superyachttimes.com/photo/273445/image/large-de7b869a6d19ab4aab1140ea827bb048.jpg" data-gid="gid://syiq/Photo/273445"><img src="https://photo-assets.superyachttimes.com/photo/273446/image/large-9342670f0e90ccb5a65685de0d1ffbdc.jpg" data-gid="gid://syiq/Photo/273446"><img src="https://photo-assets.superyachttimes.com/photo/273444/image/large-604e32153efb62397a7093a7af5473d7.jpg" data-gid="gid://syiq/Photo/273444">The interior of <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> showcases a sophisticated selection of custom textures for the panelling and lacquer finishes. The interior has been designed according to the owner’s wishes and in collaboration with renowned design brands. <img src="https://photo-assets.superyachttimes.com/photo/273441/image/large-8fc3b008911a318744c85c5cdda73f25.jpg" data-gid="gid://syiq/Photo/273441"><a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> features a chic and contemporary interior design, enhanced by the use of fine materials such as nubuck leather and Calacatta Gold marble. Her colour palette follows a scheme of neutral, muted colours with the use of beige, ivory and cream shades. <img src="https://photo-assets.superyachttimes.com/photo/273442/image/large-4cda30769edb0b9ad1d859a075768696.jpg" data-gid="gid://syiq/Photo/273442">The <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht can comfortably sleep up to 10 guests across five staterooms, as well as a crew of five across three cabins. <img src="https://photo-assets.superyachttimes.com/photo/273452/image/large-5c3585d90308d226d8b2792ef3d182a0.jpg" data-gid="gid://syiq/Photo/273452">Her outdoor deck areas complement her interior with generous volumes that balance &nbsp;with her flowing, elegant lines. <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a>'s outdoor spaces are defined by her orange exterior furnishings that give the space a vibrant complexion.<img src="https://photo-assets.superyachttimes.com/photo/273441/image/large-8fc3b008911a318744c85c5cdda73f25.jpg" data-gid="gid://syiq/Photo/273441">In terms of performance, <a data-gid="gid://syiq/Yacht/12070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ayshe28.43m (93'3&quot;)Custom Line2023">Ayshe</a> is equipped with twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which provide her with a top speed of 14 knots and a cruising speed of 12 knots.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273443/image/large-c13a7aef582fca562108e9ca018d4e3c.jpg" data-gid="gid://syiq/Photo/273443">

Custom Line launches 14th Navetta 30 yacht Ayshe

Custom Line has announced the launch of the fourteenth 29m Custom Line Navetta 30 yacht Ayshe.

29m Custom Line Navetta 30 yacht Ayshe launched 

<a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Marinas</a>, a prominent owner, operator, developer, and acquirer of a growing collection of marina assets, has unveiled its latest addition, <a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Fort Lauderdale Marina</a>. <img src="https://photo-assets.superyachttimes.com/photo/273453/image/large-b079ace9d8ef43c1c26386419dadb030.jpg" data-gid="gid://syiq/Photo/273453"><img src="https://photo-assets.superyachttimes.com/photo/273458/image/large-d62a548612a645888f623fdf115d9dd8.jpg" data-gid="gid://syiq/Photo/273458">Situated in Charleston, South Carolina, <a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32</a> owns marinas in Florida, including Jacksonville, Palm Beach Gardens, Tierra Verde, Tampa, Naples, Cape Coral, Marco Island, and Fort Lauderdale. The company’s strategic focus on expansive growth extends along both the US Atlantic Coast and the Gulf of Mexico.<img src="https://photo-assets.superyachttimes.com/photo/273456/image/large-05b4cc89f812039275e026481916d0a7.jpg" data-gid="gid://syiq/Photo/273456"> <a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Fort Lauderdale</a>, a recently constructed and highly adaptable full-service marina, showcases a modern design and cutting-edge amenities. With state-of-the-art equipment and technology, the marina offers a wide range of services to cater to various needs. It provides berthing options for vessels of all sizes, from small tenders to yachts up to 180-feet in length. <img src="https://photo-assets.superyachttimes.com/photo/273457/image/large-a14f46abdcfa1a76e45ff43cfe4a435b.jpg" data-gid="gid://syiq/Photo/273457">The marina's expansive dry storage area is specifically designed to accommodate the largest vessels in South Florida and beyond. Additionally, the marina boasts a newly developed three-acre yacht basin, providing ample space to accommodate up to 32 yachts comfortably.<a data-gid="gid://syiq/Company/7189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port 32 Fort Lauderdale (Company)">PORT 32 Fort Lauderdale</a> presents a comprehensive range of dry storage options with 278 slips available for short and long-term leases, accommodating vessels up to 55-feet in length. The marina also offers 28,000 square feet of dedicated commercial space tailored for marine-related activities.&nbsp;The commercial space, now open for leasing, includes heated and cooled marine office and retail units, service units capable of accommodating vessels up to 55-feet in length and 18-feet in height, and ample storage units to suit various needs. &nbsp;

PORT 32 unveils new-state-of-the-art Fort Lauderdale Marina

PORT 32 Fort Lauderdale, the newest addition to PORT 32 Marinas. The modern and versatile marina offers state-of-the-art facilities

PORT 32 unveils new state-of-the-art Fort Lauderdale Marina

Italy-based builder <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> has announced the sale of the first B.Now 72M superyacht. The flagship motor yacht is characterised by a spacious interior and exterior layout, providing guests with a multi-functional yacht to fit every lifestyle. <img src="https://photo-assets.superyachttimes.com/photo/273439/image/large-1e2f8ec141f0928445ca95cc8e6ef5fa.jpg" data-gid="gid://syiq/Photo/273439">The owner has opted for the B.Now 72M Oasis Deck model and has been designed in partnership with British design studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. She features a steel hull and an aluminium superstructure, and offers the largest and unparalleled version of Oasis deck to date.“Building on the worldwide success of the B.Now Series and strengthening <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>’s ongoing collaboration with <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, has led to the creation of the 72M B.Now with Oasis Deck,” explained <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> team representative Andrew Collett.The main deck of the 72M B.Now yacht includes a generous living area and seven staterooms. Her full-beam VIP stateroom is situated in the bow around the infinity pool, and her aft deck features a multifunctional area that can be transformed according to use and time of day.The owner will be able to customise the interiors and the yacht offers an entire owner’s deck with unprecedented views. The majestic suite in the bow comes complete with two bathrooms, a private study and a huge lounge with bar counter.Above her owner's deck is a large sundeck designed for comfort, providing guests with a spectacular view over the water from her terrace, which features a sun pad and a spa pool.In terms of performance, the B.Now 72M Oasis Deck can reach a top speed of 16 knots, and a range of 4,500 nautical miles at a speed of 12 knots.The new B.Now 72M Oasis Deck model is expected to be delivered to her owner in May 2027.

First Benetti B.Now 72M Oasis Deck yacht sold

Benetti has announced the sale of the first B.Now 72M superyacht with an expected delivery date of May 2027.

home-featured-hero#0

Benetti announces sale of first  B.Now 72M Oasis Deck superyacht

Poland-based <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> have unveiled the interior images of the 23.95-metre <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 Power yacht <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a>. Launched in 2023, the universal multihull yacht has been designed for long cruises, while allowing guests to cruise in utmost comfort.<img src="https://photo-assets.superyachttimes.com/photo/273416/image/large-01932b328de56b11f781cecaea998816.jpg" data-gid="gid://syiq/Photo/273416"><a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> features a bold and contemporary hull design, which incorporates classic stainless steel portlights, teak sole decks, high bulwarks and subtle ambience lighting. The catamaran has been designed in full by her builder <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>, which were responsible for her exterior design and naval architecture.<img src="https://photo-assets.superyachttimes.com/photo/273408/image/large-92dceb428434b4f86d19147b2c011b15.jpg" data-gid="gid://syiq/Photo/273408"><img src="https://photo-assets.superyachttimes.com/photo/273430/image/large-17b622441c24f612725b701fa27f121a.jpeg" data-gid="gid://syiq/Photo/273430">The light-filled main saloon of <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> opens wide onto the ample aft cockpit, providing a gentle flow of air and bridging the gap between her indoor and outdoor spaces. Her main saloon is split between a large dining space to starboard and a cosy lounge area, with sumptuous seating.<img src="https://photo-assets.superyachttimes.com/photo/273428/image/large-7490457198d9f154a60deb913671f55d.jpeg" data-gid="gid://syiq/Photo/273428"><img src="https://photo-assets.superyachttimes.com/photo/273429/image/large-2661053cfbba8f9b6ecd8a8266a3e067.jpeg" data-gid="gid://syiq/Photo/273429">The interior of <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> is characterised by dark tones and tasteful fabrics for a modern glam feel. Guests are also able to enjoy her custom kitchen island with bar stools, situated forward in her main saloon, with a large drop-down television for entertainment.<img src="https://photo-assets.superyachttimes.com/photo/273410/image/large-4692c3b9dbb68a991f591f3c3df24f16.jpg" data-gid="gid://syiq/Photo/273410"><a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> features a four stateroom arrangement for up to 12 guests, with her large master stateroom equipped with a drop-down balcony, offering panoramic views and providing the perfect oasis to relax.<img src="https://photo-assets.superyachttimes.com/photo/273411/image/large-85c95a4a8e7e76dfe067958baba1884e.jpg" data-gid="gid://syiq/Photo/273411">Her master suite is situated on the starboard hull, on the lower deck, and includes a spacious ensuite bathroom. Her remaining staterooms include a port VIP stateroom and a port and starboard double, all with ensuite bathrooms.<img src="https://photo-assets.superyachttimes.com/photo/273407/image/large-ce71d252919fd3e6d0d5e2d02655ed16.jpg" data-gid="gid://syiq/Photo/273407"><img src="https://photo-assets.superyachttimes.com/photo/273409/image/large-afd4f1fac04b0f7963b62bd51050e8f2.jpg" data-gid="gid://syiq/Photo/273409">The immense flybridge of <a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> features plenty of space for guests to relax, with a large bar and comfortable sofas for dinner and drinks with ocean views. Her full-beam bow terrace also offers a soothing retreat, with plenty of space for sunbathing and lounging.<img src="https://photo-assets.superyachttimes.com/photo/273432/image/large-72dbb5196bdca4acc6ad7b48d75ed6a9.jpeg" data-gid="gid://syiq/Photo/273432"><img src="https://photo-assets.superyachttimes.com/photo/273434/image/large-e8552d113c33513f80fcd7bede37b760.jpeg" data-gid="gid://syiq/Photo/273434"><img src="https://photo-assets.superyachttimes.com/photo/273431/image/large-946d6d2978201f7fe057d28ab8568597.jpeg" data-gid="gid://syiq/Photo/273431"><a data-gid="gid://syiq/Yacht/13039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Azalea23.95m (78'7&quot;)Sunreef Yachts2023">Red Azalea</a> also features an invisible aft garage capable of concealing a three-seater Jet Ski, alonside a refuelling station and a collection of water toys. Her aft platform allows for easy access and her Jet Ski launching system is simple and easy to use.<img src="https://photo-assets.superyachttimes.com/photo/273414/image/large-f92bb0ebbeb2087423458c07b9a39db0.jpg" data-gid="gid://syiq/Photo/273414"><img src="https://photo-assets.superyachttimes.com/photo/273415/image/large-6555740980cc634f5eedfb0f6e7fc058.jpg" data-gid="gid://syiq/Photo/273415">According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> currently has several yachts in-build, including several <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 43M Eco yachts, as well as both the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 100 Power and the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 100 Eco.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/273433/image/large-d52c52107d692570aae284adc0300833.jpeg" data-gid="gid://syiq/Photo/273433">

Sunreef Yachts unveils interior of Sunreef 80 Power yacht Red Azalea

Sunreef Yachts have unveiled the interior images of the 24m Sunreef 80 Power yacht Red Azalea.

A first look at the interiors of the 24m Sunreef 80 Power yacht Red Azalea

<a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> has announced the launch of the first 35-metre <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 sailing yacht. The first hull was launched at the House of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> facility at the Boatbuilding Technology Centre in Pietarsaari, Finland and is part of a new era of Maxi Swan yachts. <img src="https://photo-assets.superyachttimes.com/photo/273398/image/large-356482a06db636b83a93e96c605ca92c.jpg" data-gid="gid://syiq/Photo/273398">Built with a full carbon hull, the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 features exterior design from <a data-gid="gid://syiq/Company/4626" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Micheletti + Partners (Company)">Micheletti + Partners</a>, with naval architecture from long-standing collaborator <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. She uses epoxy Sprint technology from carbon moulds and will be registered with Rina charter classification. <img src="https://photo-assets.superyachttimes.com/photo/273400/image/large-063e5f382f03e4b56841157e106f7898.jpg" data-gid="gid://syiq/Photo/273400"><img src="https://photo-assets.superyachttimes.com/photo/273399/image/large-184283d2dad43d5cefdc6096050cdcbc.jpg" data-gid="gid://syiq/Photo/273399">The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 is a prime example of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> philosophy and pays homage to the company’s heritage in a contemporary style. “The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 marks a new era in the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> Maxi range at <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor</a>,” explained Giovanni Pomati, <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor</a> Group CEO.<img src="https://photo-assets.superyachttimes.com/photo/273401/image/large-a9681770f15a85134f8a5be906a12665.jpg" data-gid="gid://syiq/Photo/273401">“The project, launched in 2021 during the Regate di Primavera in Portofino, has been like drawing a beautiful painting. Like a painter meticulously chooses his palette, we made a very intense research of talents that could put their know-how on the table and blend it with the other to create a beautiful and unique product.”<img src="https://photo-assets.superyachttimes.com/photo/262952/image/large-1e062a3062bf159e994b89a043c154ae.jpeg" data-gid="gid://syiq/Photo/262952"><img src="https://photo-assets.superyachttimes.com/photo/262951/image/large-ca9f1be98ad50b5fefe16260b0503238.jpeg" data-gid="gid://syiq/Photo/262951"><img src="https://photo-assets.superyachttimes.com/photo/262955/image/large-e02791ef70e7e61102e42cc1f66b0387.jpeg" data-gid="gid://syiq/Photo/262955">The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 features a modern and contemporary interior design from Loro Piana Interiors (Misa Poggi). “I chose light colours to give an idea of the breadth and dark colors for a more intimate atmosphere. Everything should give the idea of being immersed in a bright space in perfect harmony with the outside,” added <a data-gid="gid://syiq/Company/1144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Loro Piana Interiors (Misa Poggi) (Company)">Misa Poggi</a>.<img src="https://photo-assets.superyachttimes.com/photo/273402/image/large-44894dbcab1732a88df4bf041d147fb4.jpg" data-gid="gid://syiq/Photo/273402"><img src="https://photo-assets.superyachttimes.com/photo/273397/image/large-7dac6ad3c89bef00e8a0a06a090fdcde.jpg" data-gid="gid://syiq/Photo/273397">&nbsp;The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 can comfortably sleep up to nine guests across four staterooms, as well as a crew of five. One of her key features is her dual-acting transom door which allows the stern to open along part of the aft deck, providing an oversized beach club.<img src="https://photo-assets.superyachttimes.com/photo/273393/image/large-e7e4c74e40e215bb93ec4fa5cafc6bce.jpg" data-gid="gid://syiq/Photo/273393">This solution makes tender management far easier and does not compromise her interior volumes. On her decks, the coamings widen in the aft part of the cockpit allowing a further outboard position for the steering stations, while still maintaining good helm protection. Her extra-large main companionway also provides plenty of light for the interior.<img src="https://photo-assets.superyachttimes.com/photo/273392/image/large-bb9165497e171e4ab994607919aaf231.jpg" data-gid="gid://syiq/Photo/273392"><img src="https://photo-assets.superyachttimes.com/photo/273395/image/large-1ca091a9bd4bbb719172218c1e183bed.jpg" data-gid="gid://syiq/Photo/273395">In terms of propulsion, the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 yacht is equipped with a single <a data-gid="gid://syiq/Company/1470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scania (Company)">Scania</a> engine which provides her with a cruising speed of 10 knots. The <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 will make her worldwide debut at the Monaco Yacht Show 2023. <img src="https://photo-assets.superyachttimes.com/photo/273396/image/large-2578d9265a32d70982cf849c0eace0a1.jpg" data-gid="gid://syiq/Photo/273396"><a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> currently has several other yachts in-build at the Boatbuilding Technology Centre, including the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 88, hull two of the <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 108 series and a <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> 128.<img src="https://photo-assets.superyachttimes.com/photo/194848/image/large-0222a69ea6fde2ddea48958cb8c0c0e2.jpg" data-gid="gid://syiq/Photo/194848">

35m Nautor Swan 108 yacht launched

The first hull in the 35m Nautor Swan 108 yacht series was launched from the Boatbuilding Technology Centre in Pietarsaari, Finland.

First 35m Nautor Swan 108 sailing yacht launched

The second day of the <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Giorgio Armani Superyacht Regatta</a> yesterday arrived with excellent winds that picked up during the course of the afternoon. The <a data-gid="gid://syiq/Event/176" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giorgio Armani Superyacht Regatta - 2023">Southern Wind</a> Division started at 11.30 a.m., with a south-easterly wind of around 8 knots, headed for Razza di Giunco beach, where the shipyard had organised a lunch and beach party for its owners and guests.<img src="https://photo-assets.superyachttimes.com/photo/273385/image/large-6bea8d0c0c798daa6f51e2b88de93ff1.jpg" data-gid="gid://syiq/Photo/273385">At 1 p.m., with 10 knots of breeze from the south-east, the Superyacht division regatta began and the 33-meter <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a> was the first yacht off the blocks in the revised staggered starting sequence. The fleet headed upwind towards the south, rounding the islets of Mortorio and Soffi, then came back up under gennaker, through the Bisce pass, with winds that had increased to 16 knots in the meantime. At the mark by the Tre Monti shallows, the superyachts headed for the islet of Monaci, which they rounded before embarking on their upwind return leg to Porto Cervo. The course covered almost 30 miles, and kept the crews busy hoisting and lowering the gennakers, in addition to a long reach with frequent jibes on the way up to the Bisce pass.<img src="https://photo-assets.superyachttimes.com/photo/273384/image/large-19eb0fecc8b9cd9eccee9cfb9c4f98f1.jpg" data-gid="gid://syiq/Photo/273384">Today's results in corrected time have shaken up the rankings compared to yesterday: in the Superyacht Cruising Class the Briand 108 <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a> won by just 20 seconds - after more than two and a half hours of racing - ahead of the 33-metre <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a>. The Baltic 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> was a further 3 minutes and 19 seconds behind. The leader board in the Combined Performance &amp; Cruising Class also changes, with the first three positions now the same as the Superyacht Cruising Class. In fourth place, with a gap of just 3 minutes and 43 seconds from the winner, is the Wallycento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a>.&nbsp;Chris Main, tactician on <a data-gid="gid://syiq/Yacht/4020" href="https://sya.superyachttimes.com/news#managed-by-system" target="_blank">Inoui</a>: "Today we won by just 20 seconds in corrected time, but having sailed most of the course a good way from our competition, it wasn’t easy to work out our position. It felt to us like we hadn't made mistakes, with the manoeuvres at the right time. With these boats a mistake can cost you dearly. Once we crossed the finish line and saw the results, we had the confirmation that our race had been flawless."In terms of the overall standings after two days, <a data-gid="gid://syiq/Yacht/4020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Inoui33.4m (109'7&quot;)Vitters Shipyard2013">Inoui</a>, <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> and <a data-gid="gid://syiq/Yacht/5680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pattoo33.0m (108'3&quot;)Vitters Shipyard2016">Pattoo</a> top the Superyacht Cruising Class in that order, separated by just one point each. In the Combined Performance &amp; Cruising Class, Inoui is again in the lead with a total of 4 points, followed in second and third place by the WallyCento <a data-gid="gid://syiq/Yacht/6547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="V30.48m (100'0&quot;)Wally2017">V</a> and the Baltic 108 <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> respectively, both sitting on 5 points.<img src="https://photo-assets.superyachttimes.com/photo/273386/image/large-7be34091c38d16e34a9485558e1049a2.jpg" data-gid="gid://syiq/Photo/273386">All is therefore still to play for over the next two days of racing. Tomorrow, 9th June, the <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> Division is scheduled to set off at 11 a.m. with the same staggered start procedure as the Superyacht Division. The forecasts indicate a south-easterly wind of approximately 10-12 knots.To mark World Oceans Day, drawings by the Year 3 students from the primary schools of Arzachena, Cannigione and Abbiadori, created by children who took part in the <a data-gid="gid://syiq/Company/2826" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club Costa Smeralda (Company)">YCCS</a> Clean Beach Day on 31st May, were projected on the LedWall in Piazza Azzurra.

Giorgio Armani Superyacht Regatta 2023 day 2

Day two of the Giorgio Armani Superyacht Regatta has shaken up the ranking of yesterday with Inoui winning by 20 seconds.

Inoui wins day 2 of the Giorgio Armani Superyacht Regatta 2023

<img src="https://photo-assets.superyachttimes.com/photo/273387/image/large-1a98faa2fe8a652f75d7b7d810f0e77d.jpg" data-gid="gid://syiq/Photo/273387">Seen here last week docked in Crete, the largest and most populous Greek islands, is the 43-metre superyacht <a data-gid="gid://syiq/Yacht/8292" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halara43.0m (141'1&quot;)Overmarine Group SPA2021">Halara</a>. Built as Project Venezia to the Mangusta Oceano 43 yacht model, she was delivered by the Italian shipyard <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine</a> in January 2021. The three-deck superyacht, penned by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>, features design elements such as wide glazed surfaces, skylights and special lighting solutions. <a data-gid="gid://syiq/Yacht/8292" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halara43.0m (141'1&quot;)Overmarine Group SPA2021">Halara</a> houses a beach club aft with a stern door to the sea platform, forward-facing infinity pool with a waterfall, a garage at the bow and several alfresco living areas. The interior has been coined by her builder's own design team alongside Italian designer <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini</a>. Onboard, she can accommodate up to 12 guests taken care of by a crew of seven. Performance-wise, the 451 GT superyacht can reach a top speed of 15 knots and cruise comfortably at 11 knots with a range of 5,000 nautical miles.

43m superyacht Halara in Crete

The 43m superyacht Halara, built by Overmarine, is seen here docked in Crete, Greece.