The <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority (SRSA)</a> has signed a memorandum of understanding (MoU) with the Ministry of Municipalities and Housing to enhance collaboration on the establishment, development and operation of marinas across Saudi Arabia's Red Sea coastline. <img src="https://photo-assets.superyachttimes.com/photo/349410/image/large-c7a0d3dc895bbca941f709fec199c611.png" data-gid="gid://syiq/Photo/349410">This strategic partnership aims to advance coastal tourism and support the goals of Saudi Vision 2030, which seeks to diversify the nation’s economy and create a dynamic tourism sector.The MoU was signed by <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> CEO Mohammed Al-Nasser and Deputy Minister for Licensing and Project Coordination Mohammed Al-Mulhim, representing the Ministry of Municipalities and Housing. The agreement covers a wide range of initiatives, including the creation of marine vessel maintenance centres, beach development and the promotion of coastal tourism destinations.Read: <a data-gid="gid://syiq/Article/62576" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Can the Red Sea become a leading winter destination for superyachts? (2025-02-07 15:45:00 +0100)">Can the Red Sea become a leading winter destination for superyachts?</a><img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">This partnership aligns with <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s mandates, which involve setting regulations, standards and operational guidelines for marinas, overseeing their development and management and coordinating with relevant entities to ensure environmental protection in marine tourism and navigational areas. A key focus is on promoting coastal tourism activities to attract target audiences and expand the sector.In September 2024, the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> introduced Saudi Arabia’s first regulation specifically governing yacht activities within its territorial waters. The regulation sets out the conditions and procedures for issuing technical licences for leisure tourism, specifying the criteria required for yacht owners or authorised maritime tourism agents.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/62165" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority issues first yacht chartering licenses in Saudi Arabia (2024-12-05 17:00:00 +0100)">Saudi Red Sea Authority issues first yacht chartering licenses in Saudi Arabia</a><img src="https://photo-assets.superyachttimes.com/photo/261848/image/large-f04425ab333aaa2cde915c87c1696132.jpg" data-gid="gid://syiq/Photo/261848">Under the MoU, the SRSA and the Ministry of Municipalities and Housing will collaborate on processing applications for establishing, developing and operating marinas within the designated geographical areas through the Balady platform. These marinas—both on land and at sea—will be constructed in compliance with the Saudi Building Code and the approved Marina Planning and Design Code.The agreement also outlines licensing procedures for commercial and operational activities, as well as construction requirements for marine fuel stations. Additionally, the two entities will work together on developing and licensing marine vessel repair and maintenance centres and establishing a regulatory framework for their operation.This strategic partnership is part of <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s broader efforts to expand strategic collaborations, exchange expertise and adopt best practices to strengthen coastal tourism—aligning with Saudi Vision 2030’s objectives for a vibrant and sustainable tourism sector.

Saudi Red Sea Authority signs MoU to boost marina development in the Red Sea

Yachts at the Jeddah Yacht Club & Marina

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Jeddah, Saudi Arabia

SRSA CEO Mohammed Al-Nasser and Deputy Minister for Licensing and Project Coordination Mohammed Al-Mulhim

The Saudi Red Sea Authority (SRSA) has signed a MoU to enhance development and operation of marinas across Saudi Arabia's Red Sea coastline. 

<a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a> has announced that the inner marina, Marina City, is now complete as part of their phased transformation. <img src="https://photo-assets.superyachttimes.com/photo/397349/image/large-033282147cabe8f5a2ddb1d15d41bc62.png" data-gid="gid://syiq/Photo/397349">Led by the IPM-IMG Group and Ocibar, the project aims to revitalise the three marinas that previously hosted the 2007 America's Cup, while introducing a cutting-edge refit yard, a state-of-the-art dry dock and modern commercial spaces.Read more: <a data-gid="gid://syiq/Article/62614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First renderings of new Marina Port Valencia development unveiled (2025-02-14 12:45:00 +0100)">First renderings of new Marina Port Valencia development unveiled</a><img src="https://photo-assets.superyachttimes.com/photo/397347/image/large-02f98e636005af30408a0493b3b9cb49.png" data-gid="gid://syiq/Photo/397347">The Marina City is now ready to welcome its first customers for the summer season with a full range of premium services. Positioned in the most sheltered area of the port, it has been designed to welcome yachts between 12 and 130 metres and boasts an exclusive central pontoon with berths from 15 metres available for sale or rent for ten, fifteen or twenty years.Construction will soon begin at Marina Norte on a collection of new office buildings designed to attract leading companies and create a hub for networking, innovation and talent. Local residents will also be able to benefit from a restaurant that will open in the former Panorama building.<img src="https://photo-assets.superyachttimes.com/photo/397346/image/large-ad9d771b5b626cd1085ee90660cd52f1.png" data-gid="gid://syiq/Photo/397346">The redevelopment of the marina will be completed in planned phases over the coming years, with local residents able to experience the marina’s new public spaces as each stage is completed.With landscaping designed by GM Paisajistas, in coordination with the architects at ERRE Arquitectura, the plan links Marina Norte, Marina City and Marina Sur through a landscaped ‘green corridor’, creating a continuous route for pedestrians and cyclists lined by Mediterranean vegetation.<img src="https://photo-assets.superyachttimes.com/photo/397348/image/large-4ff447ed4895040fef35c2236798337f.png" data-gid="gid://syiq/Photo/397348">With this project, Marina Port Valencia will reconnect the city with the waterfront,” explained <a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a>. "In doing so, it responds to local leisure needs while providing businesses with an unrivalled waterfront environment, establishing Marina Port Valencia as a leading national and international destination built on the principles of sustainability."<img src="https://photo-assets.superyachttimes.com/photo/348287/image/large-0f4e8368c10bd6b34945367d123348e5.jpg" data-gid="gid://syiq/Photo/348287">

Marina Port Valencia completes Marina City development

Marina Port Valencia has announced that the inner marina, Marina City, is now complete as part of their phased transformation.

Marina Port Valencia completes inner marina for yachts up to 130m

<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has completed an €8.5 million redevelopment of <a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina</a> in Corfu, Greece. According to the company, this will significantly expand its capacity while introducing advanced digital infrastructure and sustainability measures aimed at elevating the overall yachting experience in the Eastern Mediterranean.<img src="https://photo-assets.superyachttimes.com/photo/395689/image/large-38e449166c2a07114a44956609a710fc.jpg" data-gid="gid://syiq/Photo/395689">Strategically located between the Adriatic and Mediterranean seas, <a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina</a> is the largest marina in Corfu. The upgrade adds 104 new berths for yachts up to 50 metres, alongside expanded onshore storage, improved accessibility and upgraded visitor facilities. <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> added that the redevelopment is part of its long-term strategy to enhance operational capacity, while strengthening the marina’s position as a gateway for Mediterranean cruising.<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> Greece Regional Director Ioannis Koutsodontis said: “The upgrade of Gouvia Marina goes far beyond infrastructure. It is a complete transformation that combines construction excellence, technological innovation and sustainability, while creating a premium destination that is open, vibrant and closely connected to the local community of Corfu.”A major component of the project is its digital transformation. Smart Pedestals have been installed at every berth, allowing remote monitoring and management of electricity and water consumption through <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’s</a> mobile application. The marina’s digital infrastructure has also been fully upgraded, with enhanced Wi-Fi coverage across all areas to ensure seamless connectivity for visitors and crew.<img src="https://photo-assets.superyachttimes.com/photo/395692/image/large-305427b9f29343bcc3d15c050094d5c4.jpg" data-gid="gid://syiq/Photo/395692">Sustainability and ESG principles have been embedded throughout the redevelopment. The marina now features high-pressure water filtration systems, low-energy LED lighting, electric vehicle charging stations, enhanced fire detection systems and improved accessibility, alongside extensive green landscaping designed to integrate the site more closely with the surrounding community.A key milestone of the project is the installation of <a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina’s</a> first on-site solar power system and <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’s</a> first in Greece. The 100 kilowatt-peak photovoltaic installation is expected to generate around 167 megawatt-hour of clean energy annually, covering approximately 20 per cent of the marina’s electricity needs.<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> Greece Head of Sustainability and Health and Safety Korina Kostakaki commented: “<a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina’s</a> new solar installation reflects <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’s</a> continued progress on its decarbonisation pathway and marks our first Greek marina to generate renewable energy on site. The project complements the five megawatts of solar capacity already deployed across our marinas in Turkey, Croatia and Italy, supporting our SBTi commitment and our ambition to reduce emissions by 42 per cent by 2030.”The redevelopment was supported through the National Recovery and Resilience Plan ‘Greece 2.0’, funded by the European Union – NextGenerationEU. <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> concluded that the project represents a wider contribution to the modernisation of Greece’s nautical tourism sector, supporting sustainable investment and long-term competitiveness.Photos provided courtesy of <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>.

D-Marin Gouvia Marina upgrade

D-Marin has completed an €8.5 million redevelopment of Gouvia Marina in Corfu, Greece. 


D-Marin completes €8.5 million Gouvia Marina upgrade in Corfu

<a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a> Barcelona has announced that it has been granted a permit enabling non-EU flagged yachts with non-EU owners to operate under Inward Processing Relief (IPR) within the marina.<img src="https://photo-assets.superyachttimes.com/photo/395018/image/large-d9b637826100471db2bf7f2093ec2520.jpg" data-gid="gid://syiq/Photo/395018">Inward Processing Relief (IPR) is a special customs procedure that allows non-EU flagged yachts to temporarily import into Spain for works, refits, or the installation of spare parts without paying VAT (21%) or customs duties.Yachts can open an IPR while staying at <a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a> before moving to a shipyard for works, or continue operating under the regime after leaving the shipyard and relocating back to Marina Vela.This new permit provides owners, captains and managers with significant financial and operational advantages when undertaking technical projects, maintenance, or upgrades in Barcelona.<img src="https://photo-assets.superyachttimes.com/photo/395019/image/large-e5f69688aac3eb3747e6845d50cb0a43.jpg" data-gid="gid://syiq/Photo/395019">“This is an important development for yachts looking to winter at <a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a>,” explained the marina. “Barcelona and the surrounding region are already firmly established as leading hubs for refit and repair, and this new permit is a significant step in further enhancing the advantages and flexibility available to yachts choosing to spend the winter with us while undertaking technical works.”With advance planning and the appropriate customs arrangements in place through yacht agents, the IPR process can be established ahead of a yacht’s arrival, helping ensure refit works, technical projects, spare parts and associated services are structured efficiently from the outset.&nbsp;Part of the Azulona Marinas portfolio, <a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a> offers berthing for yachts from 12 metres to 90 metres. Close to <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> and just 10 minutes from the city centre, Marina Vela is a well-connected base for summer charters, winter stays and technical works.(Images courtesy of Marina Vela.)

Marina Vela Barcelona granted permit for non-EU yachts to operate under IPR

Marina Vela has been granted a permit enabling non-EU flagged yachts with non-EU owners to operate under Inward Processing Relief within the marina.

An international consortium, Team Perry’s, has been selected as the successful bidder in the City of Yokosuka’s tender for the development and management of the new Uraga Marina, located south of Tokyo.Led by the Japanese firm Index Consulting, the consortium includes Spanish company Ocean Capital Partners (OCP), alongside Daiwa Lease, SMFL, Keikyu Railway and Etortech Consulting, bringing together expertise across development, financing, infrastructure and operations.<img src="https://photo-assets.superyachttimes.com/photo/389819/image/large-fc57859063702ca7a7d76c592d4d9d41.jpg" data-gid="gid://syiq/Photo/389819">The award was formalised through a tripartite agreement between Team Perry’s, the City of Yokosuka and Sumitomo Heavy Industries. With an operating period of up to 50 years, the project is expected to rank among the more significant recreational marina developments in Japan.Following the signing of the agreement on 30 March 2026, the project will now move into the executive design and operational planning phase, with the consortium working alongside Japanese authorities on its development.The master plan for Uraga Marina has been designed by architect Kengo Kuma. The project is intended to deliver a high-end marina facility that integrates architectural design with its surrounding environment and maritime use, while also supporting the development of superyacht infrastructure in Japan.Within the consortium, Ocean Infrastructures Management, the consulting subsidiary of Ocean Capital Partners, will be responsible for operational planning and the overall management of the marina.Commenting on the development, José Luis Almazán, CEO of Ocean Capital Partners, said the project reflects the consortium’s ability to combine international and local expertise while adapting to Japan’s regulatory and business environment.Located on the Miura Peninsula, Uraga benefits from proximity to central Tokyo and established coastal infrastructure. The area is known for its sheltered waters and natural depth, characteristics that support its potential for accommodating larger vessels.The development also builds on Uraga’s historical role as a maritime hub. In the early 17th century, the port formed part of trade routes linking Spain with Acapulco and Manila. The current project represents a continuation of that maritime legacy, positioning the area for future development within Japan’s evolving marina sector.<img src="https://photo-assets.superyachttimes.com/photo/386528/image/large-ac18974277bb47126ecdd41da712a4c7.jpg" data-gid="gid://syiq/Photo/386528">Asia-Pacific Superyacht Summit 2026Following two successful editions in Hong Kong, the <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape. Discussions will also address broader regulatory, operational and investment trends shaping the region.The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> serves as a dedicated forum for analysing market developments and facilitating dialogue among leading stakeholders from across the superyacht industry.Read: <a href="https://www.superyachttimes.com/yacht-news/asia-pacific-superyacht-summit-2026-topics-announced" target="_blank">Asia-Pacific Superyacht Summit 2026 expands programme with new speakers</a>Tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" target="_blank">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/384775/image/large-9c64e60cb03a552b4c6aa7e45969699b.jpg" data-gid="gid://syiq/Photo/384775">

Team Perry’s Consortium awarded Uraga Marina superyacht project in Japan

An international consortium to develop and manage new Uraga Marina, located south of Tokyo.

Ocean Capital Partners awarded Uraga Marina superyacht project in Japan

Marina Port Andratx has joined the portfolio of IPM Group,which includes marinas and refit yards across the Balearics and mainland Spain.<img src="https://photo-assets.superyachttimes.com/photo/386771/image/large-8829c75177dc583fe9cc876c525aed75.jpg" data-gid="gid://syiq/Photo/386771">Located in the harbour of Andratx in Mallorca, Spain, Marina Port Andratx features 547 berths for yachts up to 30 metres. This partnership includes the official adoption of the name Marina Port Andratx, with a new logo and corporate identity unveiled.“Marina Port Andratx is a port with a clearly defined identity and a strong connection to its surroundings,” explained José María Campuzano, CEO of IPM Group. “Our commitment is to build on that essence while bringing our expertise in marina management with a focus on continuity and respect.”IPM Group will retain the current team that has led the marina to date, with the Group enhancing the management structure to create internal synergies and to ensure a smooth and careful transition.<img src="https://photo-assets.superyachttimes.com/photo/386770/image/large-c47e40390143ab7bf10dbd04d9ff3987.jpg" data-gid="gid://syiq/Photo/386770">“We are joining Marina Port Andratx with the utmost respect for the work carried out to date and with a clear intention to build on this,” added Patrick Reynés, CEO of IPM Group. “Byworking together, we are confident that we’ll further refine day-to-day operations and continue to elevate service quality with a forward-looking and optimistic outlook.”With this new addition, IPM Group has expanded its presence in the Balearic Islands, where it already manages Marina Port de Mallorca, STP Shipyard Palma, Marina Ibiza, Marina Port Ibiza, Varadero Ibiza and Marina Port Mahón, along with its facilities in the Valencia region such as Marina Port Valencia, Varadero Valencia and Monzó Yacht Painting

Marina Port Andratx joins IPM Group portfolio

Marina Port Andratx has joined the portfolio of IPM Group,which includes marinas and refit yards across the Balearics and mainland Spain.

<a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a> has been named as the host venue for <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>’s Valencia event in the years ahead. The confirmation sees Valencia join a select group of global host cities for <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>, a championship known for its high-speed, technology-driven racing format and strong international following. <img src="https://photo-assets.superyachttimes.com/photo/348287/image/large-89d93deb8470c748634af5ed7a927a90.jpg" data-gid="gid://syiq/Photo/348287"><a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>’s arrival is expected to bring a significant influx of international teams, industry professionals and media, reinforcing Valencia’s reputation as a leading sailing destination. The event is also anticipated to generate wider economic and tourism benefits for the city, while strengthening its long-standing connection to the sea.The selection of <a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a> reflects the marina’s ongoing redevelopment and modernisation programme, which aims to position the waterfront as a world-class venue capable of hosting major international events.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/62614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First renderings of new Marina Port Valencia development unveiled (2025-02-14 12:45:00 +0100)">First renderings of new Marina Port Valencia development unveiled</a><img src="https://photo-assets.superyachttimes.com/photo/247301/image/large-beea6c531e5f4b8a2b7ffdbd60674df3.jpg" data-gid="gid://syiq/Photo/247301">The project combines upgraded infrastructure with a strategic location and a stated commitment to public engagement, innovation and sustainability within the wider yachting industry.The event is set to build on Valencia’s established sailing heritage, adding <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a> to a growing list of elite competitions staged along its coastline.

SailGP names Marina Port Valencia as future race venue

Marina Port Valencia has been named as the host venue for SailGP’s Valencia event in the years ahead. 

In 2024, plans were announced for Kobe Marina, a purpose-built superyacht marina intended to support Kobe’s wider waterfront regeneration ambitions. The project is being developed by The Superyacht Base consortium and backed by seven principal investors: GLION Group, Creation, <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">SYL Monaco</a>, Plan Do See, <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon Yachts</a>, Setouchi Brand Corporation, and <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">SYL Japan</a>.<img src="https://photo-assets.superyachttimes.com/photo/341862/image/large-0b9d79b72df17e306187ef1180a27d18.jpg" data-gid="gid://syiq/Photo/341862">The marina’s layout is designed to accommodate a range of yacht sizes, with dedicated berths for vessels between 20 and 35-metres, additional space planned for yachts in the 40 to 55-metre segment, and larger yachts able to berth at the quayside. The inside basin configuration allows vessels of up to 100 to 110-metres to lie alongside, while stern-to berthing is available for yachts of up to 80-metres. Outside the basin the marina allows the berthing of any size yacht with a 360-metre long quay.SuperYacht Times spoke with investment consortium member Nigel Beatty of <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">SYL Monaco</a>, one of the principal investors, to understand how the development has progressed since his presentation on Kobe Marina and Japan’s cruising grounds at last year’s Asia-Pacific Superyacht Summit in Hong Kong.<img src="https://photo-assets.superyachttimes.com/photo/383497/image/large-1c4706f98362a209b62507d9b1adeb55.jpg" data-gid="gid://syiq/Photo/383497">Progress since the Asia-Pacific Superyacht Summit 2025Since securing the bid ahead of the <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">summit</a>, the consortium has focused on design development and coordination with local stakeholders. Beatty said the process has involved extensive work with architects, Kobe City and the Port Authority to meet local requirements. “We’ve been working through the meetings and costing, what we need, how we need to build it, and whether Kobe City is happy with the design and aesthetics, including who will make and install everything; and ensuring the government is satisfied with the amount of green areas that we must include.”Beatty outlined that the development is progressing across two parallel streams: “You can break it into two parts: the quayside building infrastructure part and the marina part, which is pretty much ready to start work. We’ve got pilings ordered, with installation expected to begin around June 2026. The breakwater is already complete, and shore power, electrics and floating docks are planned to follow later in the year.”He also highlighted that the site already benefits from existing commercial dock infrastructure, and concrete quayside, with the 160-metre breakwater seawall finished in 2025, providing immediate alongside or stern to berthing capability as the dedicated marina works progress. “While we are happy for yachts to already berth on site, shore power and floating dock infrastructure are not yet in place.”&nbsp;Installation work is being handled by Japanese contractors, with local companies Kusakabe Construction Company and Kyoei Public Works Company involved in the piling works given their experience in coastal infrastructure. Tequanauts are constructing the floating docks and shore power pedestals. Beatty added that the contractor for the marina building, which is expected to include restaurants and shops, has yet to be selected; the designs, however, are all being handled by Tomohiro Hata Architect &amp; Associates.Recent progress has focused on finalising technical specifications, cost planning and supplier selection, alongside city-level review of design and aesthetic requirements, in line with Japan’s typically consultative approach to development.<img src="https://photo-assets.superyachttimes.com/photo/383468/image/large-2b1981d49f0e55f8c80833e79a54aa14.jpg" data-gid="gid://syiq/Photo/383468">Read:&nbsp;<a data-gid="gid://syiq/Article/65118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A new chapter for Asia: Japan’s rise as a cruising destination (2026-01-09 16:15:00 +0100)">A new chapter for Asia: Japan’s rise as a cruising destination</a> Implications for Kobe and Japan as a yachting destinationKobe Marina is intended to strengthen Japan’s appeal as a cruising destination by providing a dedicated base for visiting large yachts in a market where purpose-built infrastructure has historically been limited. Beatty highlighted the marina’s city-centre location as a key advantage, noting that “everything’s a walking distance”, with “five minutes’ walk and you run into shops and boutiques and restaurants.”He added that downtown Kobe already offers a range of very high-end retail and hospitality within close proximity of the waterfront. While the consortium expects some retail and food and beverage outlets to form part of the marina’s future offering, Beatty suggested it would remain selective: “We’re only going to have a few shops in the marina, although we will have one very nice restaurant to be developed by Plan-Do-See (one of the consortium members) and some other café style coffee shops, wine bars and more.”<img src="https://photo-assets.superyachttimes.com/photo/383465/image/large-3a473d24be1a565e6407c5313fcc5cdd.png" data-gid="gid://syiq/Photo/383465">However, Beatty acknowledged that destination readiness extends beyond berthing alone. While maintenance support is available nearby, including a yacht-focused facility in Himeji, around 55-kilometres from Kobe, that can accommodate vessels of up to around 35-metres, he noted that “the yards in Japan, unless you bring people in from outside, are not geared up for a full refit as we would understand it in Europe or the US.” Beatty suggested that this limitation does not necessarily affect cruising activity, as routine maintenance work can still be carried out locally, including bottom painting, five-year surveys, HVAC and refrigeration servicing, electrical works and metal fabrication. He added that dry dock capacity is available for a range of yacht sizes, although these facilities are often busy, making advance planning important.Beyond the immediate waterfront, Beatty argued that the development could support efforts to reposition Japan as a cruising destination for international yachts. “The cruising potential in Japan is incredible,” he said, pointing to the diversity of cruising areas and the scale of the coastline as factors that could encourage repeat visitation. He also highlighted Kobe’s accessibility, describing it as close to the geographical centre of Japan and supported by major transport links, including three airports and high-speed rail connections.<img src="https://photo-assets.superyachttimes.com/photo/383466/image/large-995d5873208c4fea803b97006850f733.png" data-gid="gid://syiq/Photo/383466">For Beatty, the marina’s location within downtown Kobe is central to its appeal. “We don’t want a boat parking lot,” he said. “We want a vibrant destination marina where superyachts can stay as long as they want, weeks, months, years.” He added that the marina intends to offer berth leases for larger yachts, drawing comparisons with long-term arrangements commonly seen in parts of the Mediterranean.<img src="https://photo-assets.superyachttimes.com/photo/341863/image/large-fc2f7344eb9ffc8ef4fb0d9aa7bf0f7e.jpg" data-gid="gid://syiq/Photo/341863">Path to operational readinessPiling installation is expected to begin around June, with shore power and floating dock infrastructure scheduled to follow later in 2026. Beatty indicated that the marina remains targeted to be fully operational in early 2027, while the marina building may follow later as plans for the onshore facilities are finalised.<img src="https://photo-assets.superyachttimes.com/photo/382114/image/large-baf3ecfb0e038e562c1abbcc141260e6.png" data-gid="gid://syiq/Photo/382114"> Asia-Pacific Superyacht Summit 2026Following two successful editions in Hong Kong, the <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape, alongside broader regulatory, operational and investment trends across the region.The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> brings together owners, operators and industry stakeholders to explore how emerging and established markets can work together to support sustainable, year-round superyacht activity across Asia-Pacific.Early Bird tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" target="_blank">here</a>. <img src="https://photo-assets.superyachttimes.com/photo/383569/image/large-2a8227ecf31621b49ee3fa2ffecf7ce5.png" data-gid="gid://syiq/Photo/383569">

Progress update on Japan’s first dedicated superyacht marina

SuperYacht Times speaks with consortium member Nigel Beatty on progress at Kobe Marina since APSS Hong Kong and Japan’s cruising potential.

Kobe Marina: Progress update on Japan’s first dedicated superyacht marina

Three large yachts have been destroyed and sunk, with a fourth sustaining significant damage, following a fire at the Spit Marina in Mosman, on Sydney’s north shore in Australia last week. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/382441/image/large-227401ca335914b399900904e4d9c730.jpg" data-gid="gid://syiq/Photo/382441">Fire and Rescue NSW (FRNSW) firefighters were called in the early hours on Friday 9 January 2026 with reports that more than 40 firefighters were called to the scene at 3:21am, alongside the Port Authority of NSW firefighting vessel, Girawaa. &nbsp;Details surrounding the vessels are yet to be determined, but SuperYacht Times believes they might include the 25.91-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> 85 yacht <a data-gid="gid://syiq/Yacht/7674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aqua25.91m (85'0&quot;)Princess Yachts2010">Aqua</a> and a <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> yacht. <img src="https://photo-assets.superyachttimes.com/photo/382439/image/large-91cfc8d4f210b7a13f9c20b84006a796.jpg" data-gid="gid://syiq/Photo/382439">It took FRNSW approximately 2.5 hours to extinguish the fire, with the Environment Protection Authority deploying booms to contain debris and material, including oil and fuel.An investigation is currently underway regarding the cause of the fire.<img src="https://photo-assets.superyachttimes.com/photo/382440/image/large-5282ed1296b604dd6040a51d1880ba6c.jpg" data-gid="gid://syiq/Photo/382440">The Spit Marina offers 106 secure wet berths for vessels up to 50 metres, including dedicated superyacht berths and 60 swing moorings in Quakers Hat &amp; Pearl Bay. It’s one of Sydney’s premier spots for luxury berthing and on-water convenience. SuperYacht Times will continue to follow this story and update if/when new information becomes available.

Three yacht fire in Spit Marina Sydney, Australia

Three large yachts have been destroyed and sunk, with a fourth sustaining significant damage, following a fire at the Spit Marina, Sydney, Australia.

Three yachts sink and another badly damaged following fire in Spit Marina, Sydney

Enrico Chhibber speaks with Japan-based yachting experts to explore recent regulatory reforms and infrastructure developments that are gradually positioning Japan as a more accessible and appealing destination for superyachts. When it comes to attractive superyacht destinations in Asia, Thailand has traditionally taken the spotlight. Japan, meanwhile, has remained a lesser-known cruising ground and has often been viewed as logistically challenging. Today, however, that narrative is changing, as Japan begins to reposition itself on the global yachting map. <img src="https://photo-assets.superyachttimes.com/photo/370701/image/large-fccdf0ce93277bda47184d5f87855515.jpg" data-gid="gid://syiq/Photo/370701">The Japanese archipelago, comprising more than 14,000 islands and stretching over 34,000 kilometres of coastline, spans approximately 3,000 kilometres from north to south. With climates ranging from the snowy winters of Hokkaido to the subtropical warmth of Okinawa, the country offers year-round cruising opportunities and a broad range of geographical and cultural experiences.Yet despite these natural advantages, Japan has not historically appealed to the international superyacht community. Regulatory complexities and limited marina infrastructure for larger vessels have, until recently, presented notable hurdles to its development as a cruising destination. This landscape is now beginning to evolve. Since 2021, a series of regulatory reforms have made it easier for privately registered, foreign-flagged yachts to enter and cruise Japanese waters.Further momentum followed in December 2024 with the announcement of Superyacht Base Kobe Marina, which is currently under construction, with a full yacht service opening in 2026 and a full opening with surrounding infrastructure taking place in 2027. The project is intended to help address longstanding infrastructural limitations and support Japan’s efforts to attract more superyacht tourism.<img src="https://photo-assets.superyachttimes.com/photo/370696/image/large-5ef3ac54fac761e21641b06208086062.jpg" data-gid="gid://syiq/Photo/370696"> Marina infrastructure development in JapanAlthough Japan’s general maritime infrastructure is well developed, facilities specifically designed for superyachts remain limited. <a data-gid="gid://syiq/Person/935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nigel Beatty, United Kingdom (Person)">Nigel Beatty,</a> yacht broker at YACHTZOO and Chairman of the <a data-gid="gid://syiq/Company/7320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Association (Company)">Asia-Pacific Superyacht Association</a>, observed that while the country is well-equipped overall, it lacks dedicated infrastructure tailored to the operational needs of larger yachts. “Infrastructure is brilliant in Japan, but if you're talking about purely superyacht infrastructure, then we are lacking a little bit,” he said.In most cases, visiting yachts cruise along the coast, anchoring near beaches or making brief stops at town piers. According to Beatty, this pattern highlights the need for more structured superyacht hubs and ports where large yachts can access services such as mooring, refuelling, provisioning, and guest handling. “When you go cruising, you anchor or tie up at a town pier for a night, then move on,” he explained. “But you also need hubs, places where yachts can come in and operate with proper support.”Some capacity does exist. A marina in Fukuoka, for example, can currently host a small number of larger vessels. However, the most significant development is taking place in Kobe, where a new marina is under construction. Announced in late 2024, Superyacht Base Kobe Marina is being developed to accommodate yachts up to 80-metres in length for stern to dockage and any size for alongside dockage. Just in the last few weeks the facility has accommodated a 70-metre and a 117-metre. Beatty noted that the basin is roughly half the size of Port Hercule in Monaco.Yukio Shintani of <a data-gid="gid://syiq/Company/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Creation Marine (Company)">Creation Marine</a>, a lead investor who has played a role in coordinating stakeholders for the Kobe project, confirmed the marina is being established as a destination facility and is expected to open within two years. Once complete, it will serve as one of the first ports in Japan specifically designed to support visiting superyachts at scale.While Japan does not yet offer the density of dedicated infrastructure found in more established superyacht destinations, ongoing developments suggest a gradual shift toward greater accessibility and operational support.<img src="https://photo-assets.superyachttimes.com/photo/104219/image/large-c94403a78cad4fa52830c3e4d2898030.jpg" data-gid="gid://syiq/Photo/104219"> Before the Change: Superyacht regulations in Japan prior to 2021 Although foreign-flagged superyachts were technically permitted to enter and cruise in Japan before 2021, a combination of bureaucratic complexity and limited facilities made the country a difficult destination to navigate. As Nigel Beatty noted, “Whether commercially or privately registered, Japan never really drew a strong distinction between yacht types. Superyachts have technically been able to visit Japan for quite some time. The issue was the bureaucracy involved. While we used to manage it, the process was labour-intensive, and that translated into high costs for visiting yachts.”Japan did offer a relative advantage for crew from visa waiver countries. “There have always been positive aspects to cruising in Japan,” Beatty added. “For example, if you were from a visa waiver country, such as those in Europe or North America, you could enter Japan by yacht and remain for up to 90 days as a tourist, even as crew.”However, crew from non-waiver countries such as South Africa, India, and the Philippines, who represent a significant portion of the global yachting workforce, faced more complications. These individuals were required either to obtain a visa in advance or rely on a short-term crew pass valid for just 14 days. “Renewing it involved leaving the country and re-applying at an immigration office,” Beatty said. “Approval often depended on the discretion of the local immigration office, which made the process inconsistent and inefficient.”<a data-gid="gid://syiq/Person/4301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenta Inaba, Japan (Person)"></a><a data-gid="gid://syiq/Person/4301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenta Inaba, Japan (Person)">Kenta Inaba</a>, President and Partner at <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">Super Yacht Logistics</a>, described how procedural rigidity once defined the experience for visiting yachts. “In the past, every time a yacht entered Japan, we had to process customs, immigration and quarantine, not just on arrival but again at each subsequent port,” he explained. “When I started in this business, I had to submit a full list of every port the yacht was planning to visit. But yachts don’t follow fixed routes like commercial vessels. Their movements are often dictated by weather and anchorage conditions, which makes rigid planning difficult.”Even minor navigational changes could create problems. “If a yacht was anchored and the wind shifted, they might need to move to another part of the bay. But if that area wasn’t listed in the original plan, it became an issue,” Inaba said. “Even bringing something as simple as a bottle of beer back onboard required paperwork.” The system, he added, was not designed with yachts in mind. <img src="https://photo-assets.superyachttimes.com/photo/298475/image/large-124d7d95e2299e38d8fd95f9b6b90929.jpg" data-gid="gid://syiq/Photo/298475">Turning Point: The 2021 regulatory reformsRegulatory changes introduced in 2021 significantly altered how Japan manages visiting superyachts. Previously constrained by complex procedures, foreign-flagged vessels now benefit from a more streamlined regulatory environment. “Much of that red tape has now been removed,” Beatty said.One of the most significant adjustments was the introduction of the Naikosen (similar to a cruising permit). After completing initial customs, immigration and quarantine procedures, yachts can apply for the permit, which, along with a blanket Closed Port Permit, removes the requirement to file repeated clearances at each domestic port. “Yachts used to be required to declare every intended stop in advance, which was completely impractical,” Inaba said. “Now, they have the flexibility to change course depending on conditions.”One of the more favourable regulations that was always in place in Japan is that foreign registered vessels remain indefinitely in Japan allowing for longer and more adaptable cruising schedules and possibly basing themselves in the country long term. Changes to crew entry procedures have addressed previous constraints. The introduction of the Multiple Landing Permit, or “Crew Pass,” allows foreign crew to remain in Japan for the duration of the yacht’s stay; and even up to one year. This replaces the former 14-day restriction that often-required multiple renewals and placed a disproportionate burden on those from non-waiver countries. The Crew Pass allows crew ashore in the local areas that the yacht will be for yacht business, shopping or sightseeing.Crew from countries covered by Japan’s visa waiver programme continue to benefit from 90-day tourist access, allowing for greater flexibility to travel ashore or explore the length while the vessel is in port.Together, these updates have reduced many of the operational constraints that previously discouraged superyacht visits. Japan is now better aligned with international practices and more accessible to a global yachting audience; and in some areas have more favourable regulations than well-established yachting countrie<img src="https://photo-assets.superyachttimes.com/photo/298430/image/large-ae231a89fb0e19e109ca66eda85be1ac.jpg" data-gid="gid://syiq/Photo/298430">Looking AheadJapan’s regulatory progress in recent years has laid important groundwork, but further improvements will be necessary to support charter activity. In particular, foreign-flagged, commercially registered yachts still face regulatory hurdles when seeking to operate charters in Japanese waters. Shintani acknowledged this ongoing challenge. “I want to try to create everything for the foreign-flagged yacht to charter. This is our mission.”While Japanese-flagged yachts can operate commercially, the charter process for foreign-flagged vessels remains undecided, however moves are afoot to make a rule for foreign charter yachts with a charter contract already developed by <a data-gid="gid://syiq/Company/3581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Dickinson Llp (Company)">Hill Dickinson</a> and <a data-gid="gid://syiq/Company/7320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Association (Company)">Asia Pacific Superyacht Association</a>, which navigates specific Japanese regulations. The solution to this issue will be an important next step in positioning Japan as a competitive superyacht destination in the Asia-Pacific region. This article was first published in issue 54 of the SuperYacht Times newspaper, available for&nbsp;<a data-gid="gid://syiq/Article/64033" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Download Issue 54 of the SuperYacht Times newspaper now (2025-08-19 10:00:00 +0200)">download here.</a> <img src="https://photo-assets.superyachttimes.com/photo/382114/image/large-baf3ecfb0e038e562c1abbcc141260e6.png" data-gid="gid://syiq/Photo/382114">Asia-Pacific Superyaht Summit 2026 Following two successful editions in Hong Kong, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape, alongside broader regulatory, operational and investment trends across the region.The <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">Asia-Pacific Superyacht Summit</a> brings together owners, operators and industry stakeholders to explore how emerging and established markets can work together to support sustainable, year-round superyacht activity across Asia-Pacific.Early Bird tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" rel="noopener noreferrer" target="_blank" title="">here</a>.&nbsp;

A new chapter for Asia: Japan’s rise as a cruising destination

Japan is emerging as Asia’s newest superyacht destination, driven by regulatory reform and new marina infrastructure including Superyacht Base Kobe. 

A new streamlined administrative process has been launched to allow foreign yachts to sail freely between Abu Dhabi and Dubai from January 2026. The new protocol is designed to streamline yacht movement and elevate the UAE’s yachting experience. <img src="https://photo-assets.superyachttimes.com/photo/381143/image/large-5a93b42afa19898a8603a00bee753194.jpeg" data-gid="gid://syiq/Photo/381143">The streamlined system removes duplicate clearance procedures, allowing foreign-flagged yachts to move between the two emirates with a single recognised sailing permit. For the first time, sailing permits issued by either Abu Dhabi or Dubai will be honoured across both emirates, eliminating the need for repeated approvals or local entry and exit processing, which will reduce waiting times, documentation requests, and administrative costs as a mutually recognised permit issued by either emirate will grant seamless passage between the two cruising hubs.Central to the change is a new digital information bridge powered by the Early Inquiry System. Instead of submitting vessel, crew, and passenger details separately to each emirate, the UAE will rely on a shared platform using the Early Inquiry System API, enabling maritime authorities across Abu Dhabi and Dubai to access yacht data digitally and in real time.The initiative is the result of extensive coordination by Abu Dhabi Maritime and the Dubai Maritime Authority, working alongside several federal agencies, including the National Guard, Dubai Customs and the Federal Authority for Identity, Citizenship, Customs and Port Security.The move emphasises a united commitment to develop the UAE’s maritime sector and reinforce its appeal as a premier destination for international yacht tourism.Read:&nbsp;<a data-gid="gid://syiq/Article/65104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority launches ‘first of its kind’ guide for coastal tourism (2026-01-08 12:00:00 +0100)">Saudi Red Sea Authority launches ‘first of its kind’ guide for coastal tourism</a> <img src="https://photo-assets.superyachttimes.com/photo/285495/image/large-509e6a4c-4303-42de-97f1-d7c7a254408c.jpeg" data-gid="gid://syiq/Photo/285495">Speaking on the development, Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum, CEO of the Dubai Maritime Authority, said the initiative reflects Dubai’s commitment to growing yacht visitation and enhancing the UAE’s profile as a world-class maritime destination.Captain Saif Al Mheiri, CEO of <a data-gid="gid://syiq/Company/6497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abu Dhabi Maritime (Company)">Abu Dhabi Maritime</a>, echoed the sentiment, highlighting that the reform will make it easier than ever for foreign yachts to explore UAE waters and boost competitiveness as global yachting hubs.The reform is expected to make Abu Dhabi and Dubai yacht cruising more attractive for foreign superyachts, extended yacht charters and international private yacht owners visiting the UAE. The UAE expects to stimulate further growth in marine tourism, attract more visiting yachts and position the Emirates as one of the most accessible cruising destinations in the Gulf.The new policy follows increased investment in marinas, infrastructure and tourism offerings across the country, ranging from Abu Dhabi’s island complexes and cultural landmarks to Dubai’s marinas, yacht clubs and luxury hotels. The removal of borders at sea is expected to attract more foreign yachts to UAE waters and bolster the nation’s growing marine tourism economy without administrative interruptions. <iframe width="640" height="360" src="https://www.youtube.com/embed/XrALjqyeJKk?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> The Gulf Superyacht Summit 2026As the Middle East’s maritime sector continues to flourish, the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" target="_blank">Gulf Superyacht Summit</a> will return in December to the region in 2026. Further details are yet to be announced, but early registration will be announced in due course and includes priority access to dinners and discounts on ticket prices. You can also watch our video on why the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" target="_blank">Gulf Superyacht Summit&nbsp;</a>should be on your 2026 event calendar here.Moreover, if you are interested in becoming a speaker at the 2026 edition of the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>, then reach out to us at news@superyachttimes.com.We also have a variety of sponsorship opportunities available which provide you and your team with exposure and access to the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>. To explore these further, contact our sales team at sales@superyachttimes.com.&nbsp;Finally, you can stay up-to-date with all news regarding the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> by signing up to our newsletter here, which provides updates, insights and information regarding the event each year.

Foreign yachts to sail freely between Abu Dhabi and Dubai

From January 2026, foreign yachts can cruise freely between Abu Dhabi and Dubai with a single sailing permit under a new protocol.

Foreign yachts to sail freely between Abu Dhabi and Dubai from 2026

Just as physical tank test models are giving way to computational fluid dynamics, so another form of virtual modelling is coming to the fore – the digital twin. But what is a digital twin, and how can we use them to streamline superyacht design, construction and operation?Providing an exact definition of a digital twin can be tricky, not least because different people use the term in different ways. With conceptual origins tracing back to NASA in the 1960s, the truth is that digital twins come in a variety of forms and offer multiple applications – all of which have the potential to change the approach to design and enhance the operational effectiveness of superyachts.“I haven’t found a consistent way that people use the term,” says software developer Boudewijn van Groos. “For example, some call a simple 3D model a digital twin, even if it doesn’t make predictions. It might show live sensor data from the vessel, but it’s really just a portal into the actual ship. That is fundamentally different to a software model that mimics the behaviour of a system based on physical or statistical calculations. Yet people refer to both as digital twins.”Models created in a software environment are arguably the purest form of digital twinning. They are increasingly being used both to train AI and to enable systems developers to code the core parts of a yacht’s controllers while the physical yacht itself is still in build – a decisive factor when faced with tight construction and delivery schedules.<img src="https://photo-assets.superyachttimes.com/photo/397081/image/large-c63a38ee887c535cd43a28154e353077.jpeg" data-gid="gid://syiq/Photo/397081">Virtual virtuesVan Groos is leading a team of software developers who are undertaking the coding of a multifaceted monitoring and control system aboard Project Zero, the renewables-powered sailing yacht under construction at <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a>. In collaboration with German company XRG Simulation, they have been building a virtual version of the yacht’s systems in Modelica, which allows them to write the code for the programmable logic controller (PLC) for the thermal harvesting and recovery system, for example, and test it before the physical system has been completed. While the team has also been using a current sailing superyacht as a test bed, creating a digital twin has brought additional benefits.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/397079/image/large-c1ba2f94baf775740a49c5322a0b5621.jpg" data-gid="gid://syiq/Photo/397079">“For everything we’re doing we first write the physical thing into code to form the digital twin,” Van explains. “That simulation can be very basic, or a deep mechanical simulation. It gives us an opportunity to prevent regression bugs and it means we can avoid having to run our code on a physical system that means needing the real machine every time, which is just a hassle.”Developing a digital twin not only creates a platform for virtual testing, it also provides an opportunity to explore or to train AI, which can have real-world applications in a finished project. Indeed, this is the approach that <a data-gid="gid://syiq/Company/3559" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Videoworks Group (Company)">Videoworks</a> and <a data-gid="gid://syiq/Company/1080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rossinavi (Company)">Rossinavi</a> took, in collaboration with the University of Pisa, to develop the systems on the 42.84-metre superyacht <a data-gid="gid://syiq/Yacht/12135" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seawolf X42.84m (140'7&quot;)Rossinavi2024">Seawolf X</a> catamaran.“On a yacht you have a lot of very high-tech systems, each optimised and each with sensor actuators,” explains Maurizio Minossi, CEO and CTO of <a data-gid="gid://syiq/Company/3559" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Videoworks Group (Company)">Videoworks</a>. “The idea is to create a sort of manager that grabs the data coming from the different subsystems and, thanks to the use of AI algorithms, gives it added value in terms of monitoring and control.”<img src="https://photo-assets.superyachttimes.com/photo/397078/image/large-3bbe7f4296cb60275d58eb400d1d5976.jpg" data-gid="gid://syiq/Photo/397078">“AI algorithms need to train on something – you need a story,” adds Sergio Saponara, director of the Department of Informational Engineering at the University of Pisa. “But if the technology is new, how do you create that story? Creating a digital model of a yacht allows you to fill the AI with data. You analyse the chiller in a model, then you combine it with all the other models to create the whole ship.”The system they have developed, which has been designed to be modular for use across multiple yacht designs and configurations, integrates various network-connected sensors, smart plugs, and actuators, such as HVAC systems, lighting, and automated blinds, orchestrated by an advanced AI algorithm. The digital twin enables the simulation of different configurations and operational scenarios, generating virtual data that can be used to train AI models – a useful approach given the challenges of limited experimental data on energy consumption and passenger habits.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/397077/image/large-efe714be9d6f415bcddaf70b66ca2da0.jpg" data-gid="gid://syiq/Photo/397077">Test rig&nbsp;It’s not just in systems design that digital twins are being utilised. For Dale Morris, Group Head of Global Design at <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a>, the development of digital twins has enabled advanced, in-the-box testing before a rig is stepped – a serious advantage given the one-off nature and complexity of superyacht masts and sail plans.&nbsp;“The outcome is what’s on the water, but the model that came before it has been through all the conditions,” he says. “It starts with base mast properties, rigging pre-tension and tuning, but we add in the actual moulded sail shape and structural files from North Sails, and then we can assess the rig to a whole other level.”<img src="https://photo-assets.superyachttimes.com/photo/397082/image/large-2efc90f958531c34f23220a01c23ffdf.jpg" data-gid="gid://syiq/Photo/397082">This allows the team to see the effect of their rig design choices even down to its impact on the actual shape of the sails. They can go into a whole CFD loop, where the fluid structure interaction (FSI) loops back into the non-linear FEA – non-linear because the mast is flexible. That essentially means they can sea-trial the yacht before any carbon fibre even gets laid in the mast mould.“That also flows through into how we communicate the safe operation to the customer with all the sheet runs and all the load interfaces, so that boatbuilders can build-in the right safety factors,” &nbsp;Morris explains. “You can assess all that within the digital twin.”It also impacts the initial sea trial phases because, rather than the traditional method of stepping a mast and eyeballing the rig to tune it and ensure it is set up symmetrically, it can effectively be pre-set. Gone are the days where you put the rig in, go sailing and flop from tack to tack, make changes, rinse and repeat, which can be a two-day operation.“We are able to virtually go sailing before we even put carbon in the mast tooling, and for yacht designers, owners and crew that’s a huge benefit because it elevates confidence before you get further into the project,” &nbsp;says Vincent Guiot, Group Sales Director at <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a>. &nbsp;Further, the applications extend to the operational phase. By using the information from the load sensors from specific conditions. If something doesn’t look quite right, the team can plug that data back into the digital twin and help someone on board diagnose the issue more efficiently.<img src="https://photo-assets.superyachttimes.com/photo/397080/image/large-77d39333b2a17751661ad462a20fdfc0.jpg" data-gid="gid://syiq/Photo/397080">Practical magic&nbsp;As CAD has advanced, so 3D models have become commonplace, not only in terms of determining the underlying engineering layout of a vessel but also to ensure the vessel can be built as efficiently as possible. But when one superyacht project approached Dutch company Goltens to take that 3D model further, the potential for an all-encompassing digital twin quickly became apparent.“Normally we design, engineer and create 3D models, and during that process a lot of information on the components – size, material, capacity, make, model – is put into a database,” says Sandra Jutte of Goltens’ Green Technologies division. “But when the vessel departs, most of that information, which can number thousands of data files, stays behind. For this project, we were asked how we could collect all the engineering data in one place during construction and use it to make the yacht smarter in operation.”<img src="https://photo-assets.superyachttimes.com/photo/397085/image/large-8490e120db5880a524554f471c7eb9b6.png" data-gid="gid://syiq/Photo/397085">To achieve that, the Goltens team combined ongoing 3D scanning during the build with CAD and engineering drawings to create a digital version of Project Zero that is a perfect match for the real thing. The result is that all the information on the build, systems and components is available for easy access – especially useful when it comes to fault-finding or in the event of a system alarm.&nbsp;“You need an exact copy of the yacht, so during the entire build our team has been on site with a 3D scanner capturing every stage of the build,” says Jutte. “We’ve scanned every detail, including 100,000 metres of cables and six kilometres of piping.”<img src="https://photo-assets.superyachttimes.com/photo/397086/image/large-39fff693692206113bdc5e36b8ec672b.png" data-gid="gid://syiq/Photo/397086">Every pump, pipe and system is connected and with e-sharing it’s possible to click into the engineering drawing and instantly jump to the same spot in the 3D model, and vice versa. All relevant details and spare parts listings are available with a click. What’s more, the digital twin will form the backbone for predictive maintenance and, potentially, AI-rooted energy efficiency and systems analysis during the operational phase – an aspect that could have huge impact for a project where every kilowatt counts.The potential goes further, however, because wherever the vessel goes, the digital twin goes too. This means designers can use the digital twin to experiment with new ideas or test layouts without ever touching the real vessel, while engineers can follow system performance and simulate improvements, and and owners can explore their yacht anytime, anywhere.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/397087/image/large-8c4ef31785ce28bc95f037d27cf282ff.jpg" data-gid="gid://syiq/Photo/397087">Such a comprehensive scan-based digital twin improves maintenance aspects – with all manuals and spare parts lists easily accessible, and with the potential to add predictive maintenance algorithms – but also aids efficiency in a refit phase.&nbsp;“Refits and repairs are no longer a guessing game,” says Jutte. “Because if a component needs to be replaced or a new component fitted, the digital twin already knows what’s there currently and if the new one will fit. It means you can order or prefabricate parts with confidence. It’s a complete feedback loop between design, operation, maintenance, fault-finding and improvement.”<img src="https://photo-assets.superyachttimes.com/photo/397089/image/large-cbdce16aec81ad92d4d28edb2f355442.png" data-gid="gid://syiq/Photo/397089">

How is virtual modelling transforming superyacht design and operation

From rig testing to predictive maintenance, digital twins are reshaping how superyachts are designed, built and operated.

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

US court dismisses antitrust lawsuit against Boats Group

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

The 24.6-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> motor yacht <a data-gid="gid://syiq/Yacht/16575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H224.6m (80'9&quot;)Princess Yachts2022">N2H2</a> has been sold, with Joe Hill of <a data-gid="gid://syiq/Company/5046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Brokerage International (Company)">Princess Brokerage International</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/377303/image/large-e9f5ee62744476943f9773dd48e429fb.jpg" data-gid="gid://syiq/Photo/377303">Delivered in 2022, the yacht features interiors penned in-house by her British builder. Meanwhile, <a data-gid="gid://syiq/Company/2740" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olesinski Ltd. (Company)">Olesinski</a> took charge of her naval architecture and exterior design.At a volume of 78 GT, she can sleep up to eight guests across four well-appointed staterooms. Guests can enjoy communal areas such as the foredeck and aft deck fitted with sunpads and the flybridge with shade.Propulsion-wise, <a data-gid="gid://syiq/Yacht/16575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H224.6m (80'9&quot;)Princess Yachts2022">N2H2</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, giving her top speed of 39 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/16575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H224.6m (80'9&quot;)Princess Yachts2022">N2H2</a> had a last known asking price of £3,175,000.00.Courtesy of <a data-gid="gid://syiq/Company/5046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Brokerage International (Company)">Princess Brokerage International</a>.

Princess yacht N2H2 sold

Princess yacht, N2H2 sold, Princess yacht N2H2, Princess yacht sold, N2H2 sold.

25m Princess motor yacht N2H2 sold

The 35.4-metre <a data-gid="gid://syiq/Company/602" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Valdettaro S.r.l. (Company)">Cantiere Valdettaro</a> sailing yacht <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> has been sold with Yannis Stratis of <a data-gid="gid://syiq/Company/6235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Broker House (Company)">Yacht Broker House</a>. The sale was concluded directly with a private buyer, with <a data-gid="gid://syiq/Company/6235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Broker House (Company)">Yacht Broker House</a> acting as both owner and central agent in the transaction.<img src="https://photo-assets.superyachttimes.com/photo/98550/image/large-7470442e827fa639586e6fb0099778c8.jpg" data-gid="gid://syiq/Photo/98550">The sale was completed in spring 2026 at Yacht Broker House's home base in Corfu, Greece. Since changing hands, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> has departed Greece and is now cruising European waters under her new ownership.&nbsp;Delivered in 1992 by Italian shipyard <a data-gid="gid://syiq/Company/602" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Valdettaro S.r.l. (Company)">Cantiere Valdettaro</a>, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> most recently underwent a refit in France in 2024. She features exterior design and naval architecture by <a data-gid="gid://syiq/Company/357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laurent Giles Superyacht Architects (Company)">Laurent Giles Superyacht Architects</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/618" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Garroni (Company)">Studio Garroni</a>.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> has a beam of 7.95-metres and an interior volume of 171 GT. Accommodation onboard is arranged for up to 10 guests across a five stateroom configuration, while dedicated quarters house up to a crew of six, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> is powered by a single <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engine that delivers a cruising speed of 9.7 knots and a top speed of 12 knots.&nbsp;At the time of her sale, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> had a last known asking price of €900,000.

35m Cantiere Valdettaro sailing yacht Unplugged sold

  The 35.4-metre Cantiere Valdettaro sailing yacht Unplugged has been sold with Yacht Broker House

<img src="https://photo-assets.superyachttimes.com/photo/392305/image/large-86c88e62c5d466ff1f840f9818dce38b.jpg" data-gid="gid://syiq/Photo/392305">The 29.7-metre <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 <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> has been sold. Ferhat Kanbur of <a data-gid="gid://syiq/Company/7089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Data Marin (Company)">Data Marin</a> introduced the buyer, while Ilker Bicaco of <a data-gid="gid://syiq/Company/5001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Talia Marine (Company)">Talia Marine</a> represented the seller.Delivered in 2010, the yacht features naval architecture penned in-house by her builder. Meanwhile, her interior and exterior designs were crafted by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Design</a>.Inside, her design is distinguished by light coloured woods that give the yacht a contemporary feel. <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> can accommodate up to ten guests across four well-appointed staterooms at a volume of 177 GT. Moreover, a highlight of the yacht is a relaxation area on her flybridge, where guests can enjoy panoramic views.&nbsp;In terms of propulsion system, <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 24 knots and a top speed of 27 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> had a last known asking price of €2,990,000.Photo courtesy of <a data-gid="gid://syiq/Company/5001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Talia Marine (Company)">Talia Marine</a>.

Custom Line yacht Lady Yaz sold

The 29.7-metre Custom Line motor yacht Lady Yaz has been sold.

30m Custom Line motor yacht Lady Yaz sold

The 57-metre <a data-gid="gid://syiq/Company/106" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trinity Yachts (Company)">Trinity</a> motor yacht <a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar</a> is on the market, with Rob Newton of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> benefitted from a 2025 refit that refreshed her interiors and modernised her systems.<img src="https://photo-assets.superyachttimes.com/photo/397161/image/large-157dd31b806639942ec6e7d2aeb4801c.jpg" data-gid="gid://syiq/Photo/397161">With a deck design built around guest flow, <a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar</a> features naval architecture and exterior design penned in-house by her American builder. Meanwhile, <a data-gid="gid://syiq/Company/111" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Evan K Marshall (Company)">Evan K Marshall</a> took charge of her interior design which is distinguished by Italian marbles, Lalique glass, silk carpets and rich wood in birch, vavona, and bur.<img src="https://photo-assets.superyachttimes.com/photo/397220/image/large-a05b27ee4abd4103f48fae88e6afdaf3.jpg" data-gid="gid://syiq/Photo/397220"><img src="https://photo-assets.superyachttimes.com/photo/397195/image/large-5eb0377176736d577315088431b690c5.jpg" data-gid="gid://syiq/Photo/397195">At a volume of 782 GT, the <a href="https://www.superyachttimes.com/yachts/elis-et-mar" target="_blank">yacht Elis Et Mar for sale</a> can accommodate up to 12 guests across six well-appointed staterooms. Her full-beam master suite is found on the main deck. This area can be accessed via a private office and is fitted with a king-size bed, walk-in wardrobe, and his-and-hers bathrooms with a soaking tub, separate rain shower, and mirror TVs. <img src="https://photo-assets.superyachttimes.com/photo/397199/image/large-86d7a9b383706d0176d50ebc3a5183fe.jpg" data-gid="gid://syiq/Photo/397199"><img src="https://photo-assets.superyachttimes.com/photo/397208/image/large-d05e1e5f38e5dc5c8b79aa56962db52a.jpg" data-gid="gid://syiq/Photo/397208">The <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale’s</a> VIP suite located on the bridge deck also showcases a king-size bed, elevated views, and a spacious ensuite. Four guest suites on the lower deck, all with fixed king beds and ensuite bathrooms, complete the accommodation.<img src="https://photo-assets.superyachttimes.com/photo/397214/image/large-27ec017e7e73699f2a44df284651fc7c.jpg" data-gid="gid://syiq/Photo/397214">Moving outside, guests aboard <a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar</a> are spoilt for choice between adventure and relaxation. Her sundeck plays host to a large Jacuzzi, generous sunpads, a full bar, and an outdoor entertainment system. For those looking to keep active, a fully enclosed, air-conditioned gym is also on offer, equipped with a Pilates Reformer, treadmill, free weights, and audio-visual facilities. A portable ice bath is also available upon request.<img src="https://photo-assets.superyachttimes.com/photo/397235/image/large-cd87a31b555950b9bd569392e9918873.jpg" data-gid="gid://syiq/Photo/397235"><a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar’s</a> bridge deck sky lounge provides a relaxed indoor retreat, complete with plush seating, a full-service bar, and alfresco dining for up to 12 guests aft. Guests may choose between a formal indoor dining space or an aft dining area with optional climate control, offering flexibility to suit any occasion, on the main deck aft.<img src="https://photo-assets.superyachttimes.com/photo/397231/image/large-98b1ee45ae88293202adcd95833904d2.jpg" data-gid="gid://syiq/Photo/397231">Moreover, an impressive array of water toys ensures no shortage of thrills for the more adventurous. On the water, guests can make use of four <a data-gid="gid://syiq/Company/3030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cayago AG / Seabob (Company)">Seabobs</a>, two Lift E-Foils, an Awake Ravic electric surfboard, three Jet Skis, a <a data-gid="gid://syiq/Company/5777" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yamaha (Company)">Yamaha</a> Superjet, inflatable towables, and full snorkelling and fishing gear, alongside two foldable e-bikes for exploration ashore. The entire guest experience is overseen by a professional crew of 13.<img src="https://photo-assets.superyachttimes.com/photo/397191/image/large-7c46a1b67dc6f3193229d237bca28a4f.jpg" data-gid="gid://syiq/Photo/397191">In terms of propulsion system, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=trinity-yachts" target="_blank">Trinity yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a cruising speed of 14 knots and a top speed of 20 knots.<img src="https://photo-assets.superyachttimes.com/photo/397192/image/large-e9dc6c5d43d791366dd8c886a1767f06.jpg" data-gid="gid://syiq/Photo/397192">

Trinity yacht Elis Et Mar for sale

The 57-metre Trinity motor yacht Elis Et Mar is on the market, with Rob Newton of IYC.

57m Trinity superyacht Elis Et Mar for sale

The 23.27-metre <a data-gid="gid://syiq/Company/6072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lagoon Yachts (Company)">Lagoon</a> sailing yacht <a data-gid="gid://syiq/Yacht/13810" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Ponant23.27m (76'4&quot;)Lagoon Yachts2024">Spirit of Ponant</a> is on the market, listed with Pierre Vezilier of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/397239/image/large-f1bb937cf0476fd3bcdc5812056e6442.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260617%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260617T063333Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=262c295532260cfc74c32458fc7618902efd698bf345fdbf0eacd0c8ba9d3ec2" data-gid="gid://syiq/Photo/397239">Delivered in 2024, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/6073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Patrick Le Quément (Company)">Patrick Le Quément</a>, interior styling by <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a>, and naval architecture by <a data-gid="gid://syiq/Company/39" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VPLP Design (Company)">VPLP Design</a>. She was conceived with a large sail plan and an optimised hull, delivering efficient open-water performance and stability at sea.<img src="https://photo-assets.superyachttimes.com/photo/397254/image/large-5dd6261e35858f970d81b928ddaa7e07.jpg" data-gid="gid://syiq/Photo/397254"><img src="https://photo-assets.superyachttimes.com/photo/397252/image/large-c8d1bd1bbc866600bfd48dd91c2cdf50.jpg" data-gid="gid://syiq/Photo/397252">The interiors onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> are laid out with a strong emphasis on privacy and generous communal areas. Warm shades of brown, blue and neutral tones run throughout both the private and shared spaces, creating a cohesive atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/397249/image/large-dba320035103ae5c7f72055143b1b08b.jpg" data-gid="gid://syiq/Photo/397249"><img src="https://photo-assets.superyachttimes.com/photo/397242/image/large-6501bd710eba06086f0cd2e755663aab.jpg" data-gid="gid://syiq/Photo/397242">The <a href="https://www.superyachttimes.com/yachts/spirit-of-ponant" target="_blank">yacht Spirit of Ponant for sale</a> can accommodate up to 12 guests across six well-appointed staterooms, with a gross tonnage of 135 GT. On deck, guests may dine alfresco in the aft area, while a hydraulic swim platform provides easy access to the sea.<img src="https://photo-assets.superyachttimes.com/photo/397255/image/large-1b4072cb4b8f209c2ca62d359f3ddbeb.jpg" data-gid="gid://syiq/Photo/397255"><a data-gid="gid://syiq/Yacht/13810" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Ponant23.27m (76'4&quot;)Lagoon Yachts2024">Spirit of Ponant</a> is powered by twin <a data-gid="gid://syiq/Company/6795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nanni industries (Company)">Nanni Industries</a> engines, giving the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=lagoon-yachts" target="_blank">Lagoon yacht for sale</a> a cruising speed of 10 knots and a top speed of 18 knots.Photo courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

catamaran yacht Spirit of Ponant for sale

The 23.27-metre Lagoon sailing yacht Spirit of Ponant is on the market.

23m catamaran Spirit of Ponant for sale

<img src="https://photo-assets.superyachttimes.com/photo/397150/image/large-843519c5d1eee2588222c47260858dee.jpg" data-gid="gid://syiq/Photo/397150">The 73.3-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> superyacht <a data-gid="gid://syiq/Yacht/3448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautilus73.3m (240'6&quot;)Perini Navi2014">Nautilus</a> has been spotted making her second visit to Guernsey, having first called at the island on 2 May 2016. She was seen in St Peter Port yesterday and is now en route to Gibraltar, according to AIS data.Previously known as Grace E, she was delivered in 2014 by <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> under its Picchiotti brand in Viareggio, as the largest motor yacht ever built by the shipyard. The 1,876 GT vessel features exterior design by <a data-gid="gid://syiq/Company/53" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Briand Yacht Design (Company)">Briand Yacht Design</a>, with interiors originally conceived by French designer <a data-gid="gid://syiq/Company/533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rémi Tessier (Company)">Rémi Tessier</a>. She underwent a refit in 2023 with <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> at <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor (Company)">Safe Harbour</a> La Ciotat.<a data-gid="gid://syiq/Yacht/3448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautilus73.3m (240'6&quot;)Perini Navi2014">Nautilus</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> diesel-electric engines, affording her a cruising speed of 12 knots, a top speed of 16.5 knots, and a range of 7,500 nautical miles.

73m Perini Navi superyacht Nautilus in Guernsey

The 73.3-metre Perini Navi superyacht Nautilus has been spotted making her second visit to Guernsey.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> and <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a> have announced the delivery of the 23.96-metre <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Gentleman 24M yacht. The yacht was officially christened <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> at the shipyard in La Spezia and delivered to <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a> Chairman Tommaso Chiabra as she joins their charter fleet. <img src="https://photo-assets.superyachttimes.com/photo/397262/image/large-69463179651c336f45f621e2a3eab461.jpg" data-gid="gid://syiq/Photo/397262">Designed by <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a> in collaboration with <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Centro Stile, the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brand was relaunched in 2022, just six months after the acquisition of the company by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/55685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group relaunches Picchiotti brand with a new Gentleman yacht line (2022-08-03 12:00:00 +0200)">The Italian Sea Group relaunches Picchiotti brand with a new Gentleman yacht line</a><img src="https://photo-assets.superyachttimes.com/photo/397263/image/large-9d2b1e1afb8a57386a11c5c8c4b07162.jpg" data-gid="gid://syiq/Photo/397263">“We are proud to acquire this exceptional asset and to contribute to the revival of one of the most historic names in Italian shipbuilding,” commented Tommaso Chiabra, Chairman of <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a>.Inspired by the silhouette of the American yachts of the sixties, <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> boasts timeless classic lines and is produced entirely in aluminium. She showcases glossy mahogany details and polished plating on her bow and the sides of her stern.<img src="https://photo-assets.superyachttimes.com/photo/397261/image/large-601aad94946cbee604189de94508e6a8.jpeg" data-gid="gid://syiq/Photo/397261">Spanning 149 GT, <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> can comfortably accommodate up to six guests across a three stateroom configuration on the lower deck, with her full-beam owner’s suite situated amidships.&nbsp;“The <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Gentleman 24M has a rare quality: she feels immediately familiar, elegant and beautifully Mediterranean,” added Chiabra. “She has substance, warmth and personality; she belongs to a lineage of yachts conceived for private life at sea, while speaking naturally to the expectations of contemporary charter clients.”Conceived for Mediterranean cruising, she features plenty of open-air spaces, with a large beach club for charter living. Perfect for clients seeking privacy and charm, <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> gives the feeling of a private residence on the water. <img src="https://photo-assets.superyachttimes.com/photo/397264/image/large-c0669bf9240500ea4ff1be1400818b85.jpg" data-gid="gid://syiq/Photo/397264">“<a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> carries the spirit of Janus: one gaze turned towards centuries of seafaring knowledge, the other towards those who will define the next codes of yachting,” added Gianmaria Costantino, Chief Commercial Officer of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>.“She offers a measured threshold into the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> world: time onboard becomes a first form of belonging, and that first encounter may quietly mature into something deeper and more personal.”<img src="https://photo-assets.superyachttimes.com/photo/397265/image/large-817d20ffb7d4c6c57e79117b435352b2.png" data-gid="gid://syiq/Photo/397265">(Images courtesy of The Italian Sea Group and Royal Yacht International.)

Gentleman: Picchiotti Gentleman 24M yacht delivered

TISG and RYI have announced the delivery of the first Picchiotti Gentleman 24M yacht, which has been christened Gentleman. 

First Picchiotti Gentleman 24M yacht delivered and christened Gentleman

When it comes to winter destinations for superyachts, the Caribbean often dominates the conversation. However, recent attention has shifted towards the Red Sea, fuelled by extensive marina development projects on both the Saudi Arabian and Egyptian sides.Strategically located near the Mediterranean, the Red Sea offers superyachts a seamless transition from their summer cruising grounds and is progressing towards becoming a leading winter yachting destination.Despite this progress, several critical areas still require further development to fully realise the Red Sea’s potential as a sought-after destination. These include enhancing collaboration between nation-states, expanding infrastructure, adjusting regulatory frameworks for foreign-flagged vessels, and implementing robust sustainability measures to preserve its rich biodiversity.<img src="https://photo-assets.superyachttimes.com/photo/340269/image/large-9e9fc0cee2376c5984af362e554aca7a.jpg" data-gid="gid://syiq/Photo/340269">At the latest <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit</a> in Dubai, the 'Red Sea Opportunity' panel discussion featured Bahi Naguib, Red Sea Operations Director at <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>; Vienna Eleuteri, CEO Advisor for Regenerative Development, Regulations, and Policies at the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority</a> (<a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>); Txema Rubio, Commercial Director of the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>; and Rayan Bukhari, General Manager of <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Saudia</a>. The panelists explored the current progress of key projects and regulatory developments in Saudi Arabia and Egypt, discussing the potential impacts of these ambitious initiatives.The critical role of collaboration between Egypt and Saudi ArabiaTo develop the Red Sea into a superyacht destination, symbiotic collaboration between nearby nations is crucial for its development. Naguib emphasised the necessity of joint efforts between Saudi Arabia and Egypt. He stated, "Everything that passes through Saudi must also traverse the Suez Canal in Egypt. Both the Egyptian government and the private sector are crucial in supporting Saudi Arabia’s initiatives to develop this destination. Given the numerous stakeholders and complex dynamics involved, ensuring seamless access is essential." He noted that operations in the Suez Canal must be as efficient as possible and mentioned that, with cooperative efforts from the Saudi government, Egypt is working to streamline these processes. Furthermore, Naguib highlighted recent regulations introduced by the <a data-gid="gid://syiq/Company/7490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suez Canal Authority (Company)">Suez Canal Authority</a>, which offer a 30% discount to yachts under 300 tonnes traveling to the Red Sea, describing this as a commendable first step. However, he stressed the need for further development of infrastructure and destinations in the Red Sea region.Bukhari concurred with Naguib’s points but introduced an additional perspective. "For me, it’s quite straightforward, whether we’re discussing the Egyptian or the Saudi side of the Red Sea. To stimulate growth in the yachting ecosystem, we must create demand," he explained. "This involves developing a compelling and desirable itinerary, especially from the Saudi perspective, with which I am more familiar." Bukhari underlined that numerous developments are in progress. "There are exciting prospects on the horizon, both short-term and long-term. A prime example is the success of the <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club & Marina (Company)">Jeddah Marina &amp; Yacht Club</a> and <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a> in <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>, although, like any project, they require some adjustments. If we continue on this path, I am confident that soon we will establish an attractive itinerary for any superyacht."<img src="https://photo-assets.superyachttimes.com/photo/340144/image/large-2c026ddbd656a1ed4fdbf1fb87bd0b9b.jpg" data-gid="gid://syiq/Photo/340144">Rubio agreed with Bukhari’s point on the importance of creating a compelling itinerary in the Red Sea region. He added, “From our perspective, we play a modest yet crucial role, operating with rigorous discipline and a commitment to adaptability.” Rubio emphasised the broader challenges, stating, “Ultimately, there is a significant amount of infrastructure that still needs to be developed, and while our role may be small, it is essential. Our work not only supports the creation of itineraries but also ensures the availability of services and maintenance, which are critical for the success of winter cruising in the region.Evidence of how successful collaboration between Saudi Arabia and Egypt can be instrumental in developing the Red Sea was underscored by Naguib ahead of the Saudi Red Sea Week. He highlighted that a delegation from Saudi Arabia visited Egypt, which greatly enhanced direct communication between the two countries, particularly in relation to the Suez Canal. “The Egyptian authorities were proactive in ensuring smooth transit for numerous vessels,” Naguib reported. “This official delegation provided Egypt with valuable insights into the expectations and requirements of their clients.” He added that the outcomes not only met but, in some cases, exceeded expectations. “Many were pleasantly surprised by the efficiency of passing through the Suez Canal,” he recounted, emphasising the collaborative efforts of the two governments and their promising potential to establish the Red Sea as a premier destination for yachts.<img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">Regulations and their role in developing the Red SeaWhile infrastructure and international cooperation are crucial, regulatory frameworks are equally vital in shaping the Red Sea's future as a yachting paradise. For a yachting destination to be truly attractive, regulations that facilitate the cruising of foreign-flagged private and commercial vessels are essential. Although a region may boast many marinas, if the conditions do not support easy cruising, it will be challenging to attract superyachts to the area.Eleuteri emphasised the critical role of comprehensive and detailed regulations in advancing yachting activities in the Red Sea. She noted that the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> was established to develop a regulatory framework aimed at promoting a thriving maritime sector in the Saudi-administered Red Sea. This framework supports shipyard operations and provides a broad range of services for yachting and superyachting. "By creating a regulatory ecosystem, we ensure that operations not only meet the highest standards but also align with specific sustainability goals. Our goal is to foster an environment where all activities are conducted at their best," she stated. Furthermore, Eleuteri highlighted the importance of innovation across all aspects of this ecosystem and underscored the necessity of collaboration. "The ocean, as we know, has no boundaries and connects us all. I concur with the panellists' earlier points that collaborative and participatory approaches are crucial to our success."Bukhari echoed Eleuteri’s point, explaining that regulations in Saudi Arabia are currently managed through a collaboration between many government entities, ministries and the Saudi Red Sea Authority. He highlighted the establishment of Ebhar, Saudi Arabia's counterpart to Egypt's Manassa platform - a portal that consolidates all government procedures and information from 20 agencies. Ebhar streamlines processes such as yacht registration, procedures for entering and leaving the Kingdom, sailing permits, issuing navigational licenses, and registering yachts under the Saudi flag. “Ebhar dramatically changed the landscape for us,” he remarked. “With its launch and initial release, it marked the beginning of proper governance and the establishment of a healthy yachting ecosystem.”<img src="https://photo-assets.superyachttimes.com/photo/334955/image/large-f6eb5e3e3f5b2a77e6cfc08ed64138c9.jpg" data-gid="gid://syiq/Photo/334955"> On the topic of dealing with superyachts registered under foreign flag states, Bukhari noted that processes can vary depending on the yacht's flag. “If you're talking about white-listed flags, most procedures are straightforward,” he explained. “However, for grey-listed or black-listed flags, the approach can differ. As an agent, I may not be fully positioned to provide a definitive answer, but I believe there are specific processes in place to handle incoming yachts from a customs and immigration perspective, depending on their flag.” He also addressed the issue of VAT, adding, “There are policies and procedures in place, and if followed correctly, VAT can be reclaimed based on factors such as the goods, the time frame, and how and where the records are maintained.”Regarding whether the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> collaborates with other stakeholders to establish dialogue for improving regulations in the Red Sea, Vienna Eleuteri shared insights into ongoing efforts. “At present, several initiatives are underway to establish systemic collaborations with major international organizations in the field. Dialogue has been ongoing for some time, and several specific initiatives are currently in progress. For instance, following discussions in Monaco with major player in the industry, we are planning to organise a roundtable. This roundtable will focus on developing sustainable solutions, addressing needs such as those of local fishermen and yachts navigating the Red Sea,” Eleuteri explained. She added that these initiatives are being prepared for a more systematic approach. “There is a clear willingness to progress, and I consider this a very promising start.”<img src="https://photo-assets.superyachttimes.com/photo/291613/image/large-faa764426b1c1ec713163946753184f9.jpeg" data-gid="gid://syiq/Photo/291613">Role of sustainability and its importance in making the Red Sea Region attractiveWith extensive marina construction underway on both the Egyptian and Saudi-administered sides of the Red Sea, discussions about sustainability and the preservation of the region's ecosystem and biodiversity have naturally been raised. Eleuteri addressed this topic, highlighting the launch of the National Red Sea Sustainability Strategy by His Royal Highness Prince Mohammed bin Salman. She explained that the initiative goes beyond implementing regulatory codes and guidelines for building and operating in the Red Sea. “It aims to position Saudi Arabia as a global benchmark for a regenerative and sustainable blue economy,” she said. Eleuteri further emphasised the importance of preserving the region's pristine environment, which underlines the imperative for stringent environmental protections.” The strategy, she noted, focuses on preparing for a deeper understanding of ecological footprints and striving to achieve natural climate-positive contributions. “This is not just an environmental mandate,” she explained, “but a comprehensive framework built on five key pillars: environmental protection, economic development, social development, safety and security, and governance and collaboration.” Eleuteri emphasised that any activities planned in the Red Sea must align with these pillars to build a truly sustainable economy in the region.She also highlighted the sustainable approach to investment, supported by tools to measure both negative and positive impacts. “As we develop new activities or construct facilities, we remain focused on how these contributions enhance GDP, which is critical. More importantly, we are now positioned to report on national determined contributions,” she said, referring to the agreements where industries commit to positively impacting the climate. <img src="https://photo-assets.superyachttimes.com/photo/273322/image/large-81c76517a9d6ab0a6ba06abc70e22e99.jpg" data-gid="gid://syiq/Photo/273322">Naguib agreed with Eleuteri’s point and expanded stating: “And just to add to that, on the sustainability front, Egypt could learn a great deal from your approach. Additionally, on the sustainability front, Egypt stands to benefit immensely from your strategic long-term vision, which places sustainability at the core of developments in the Red Sea. For it to be a lasting and viable destination, it's crucial to ensure that the beautiful dive sites and coral reefs remain intact. Additionally, there is a need for equity, which includes looking after both the fishermen and the yachting community, despite their competing interests.” Naguib also pointed out the critical importance of the regulatory framework, saying, “When you introduce new regulations, we on the Egyptian side pay close attention. We often take inspiration from your models, adapting them with slight modifications to fit our context.”Infrastructure and yacht related servicesFor the Red Sea to become an attractive destination, essential refit facilities and yacht-related services must be established to support visiting yachts. Refit capabilities are particularly crucial, as they provide necessary services, attract yachts to the region for maintenance, and encourage them to remain longer.<img src="https://photo-assets.superyachttimes.com/photo/261740/image/large-0fc9b6da51fb1ccc13fcad3f3ab28963.jpg" data-gid="gid://syiq/Photo/261740">Last year, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>, which includes <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a> and <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>, announced a partnership to establish a 10,000-square-metre repair facility. This facility is located near <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>’s luxury island and yachting destination, <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a>. During the panel, Rubio shared further insights into the initiative, stating: “We are starting small, relatively speaking. It’s not the same size as the shipyards we have 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> or <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona</a>, but it’s a brand new, made-to-measure service facility. We will have a paint shed, a 300-ton travel lift, and a capacity to handle yachts up to 45-metres in length, accommodating around 25 yachts at the same time. Additionally, we will be able to provide offsite services for larger yachts if needed.”Regarding the workforce, Txema Rubio explained that development is still in progress. “We currently have four staff members at the facility, including the managing director, and the workforce strategy aligns with our commitment to local growth,” he noted. “What makes sense is to grow locally.” Rubio elaborated on the implementation plan, which involves a mix of local and international companies establishing operations in the area. “Our experience in <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona&nbsp;</a>and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> has shown that attracting OEMs (Original Equipment Manufacturers) can be highly effective. They bring their teams, start training local staff, and create a balanced mix of expertise,” he shared. “The result is a strong collaboration between the expertise of major brands and a skilled local workforce integrated into the shipyard.”Eleuteri expanded on the topic, stressing the unique challenges and opportunities involved in building an industry from the ground up. “Creating an entire industry from scratch is incredibly exciting,” she stated. “It’s not easy, of course, but there are so many aspects to consider, including the professionals involved.” She emphasised the importance of knowledge transfer, adding, “It’s happening in a very smooth and effective way, which is wonderful to see. We are even working on regulating and developing standards for job profiles, training, and certification. All of this contributes to the broader yachting ecosystem.” Eleuteri concluded by underscoring the significance of the moment: “We have this unique opportunity to get it right.”<img src="https://photo-assets.superyachttimes.com/photo/291466/image/large-ee3cbb034446ab3174540d0191674f33.jpeg" data-gid="gid://syiq/Photo/291466">The Red Sea's emergence as a leading winter yachting destination hinges on a multifaceted approach involving enhanced inter-state collaboration, substantial infrastructural developments, stringent yet flexible regulatory frameworks, and steadfast commitments to sustainability. As stakeholders continue to navigate the complexities of this transformation, the collective efforts of nations, industry leaders, and local communities will be crucial in realising the vision of a vibrant, sustainable maritime ecosystem. Despite the progress made, there is still much work to be done. As Eleuteri succinctly remarked, “As a Roman, I can say that Rome wasn’t built in a day.”

Can the Red Sea become a leading winter destination?

When it comes to Winter destinations for superyachts, the Caribbean often dominates the conversation.

Can the Red Sea become a leading winter destination for superyachts?

The <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority (SRSA)</a> has issued three yacht chartering licenses for the first time in Saudi Arabia to <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Saudi</a>, Faisal M. Higgi &amp; Associates, and <a data-gid="gid://syiq/Company/6806" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JLS Yachts (Company)">JLS Yachts</a>, for the first time in Saudi Arabia.&nbsp;By issuing these new chartering licenses, <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> intends to boost coastal tourism services, support the tourism economy, and improve the achievement of the Saudi Vision 2030’s goals.<img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">These licenses are developed to permit the companies to charter yachts within the Kingdom’s Red Sea region, according to the framework of the Large Yacht Chartering Regulation issued by <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>.One of <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>’s core mandates is the development of their coastal tourism sector through setting policies, strategies, plans, and initiatives to regulate navigational and marine tourism activities.&nbsp;These yacht chartering licenses have been granted by <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> after an in-depth evaluation and verification of factors including but not limited to: Compliance with all <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> relevant regulations and requirements, the seaworthiness of yachts for charter, and adherence to the highest local and international safety, security, and environmental protection standards.&nbsp;Moving forward, the licences are predicted to aid in the regulation of coastal tourism activities, while also extending the variety of tourism services available, garnering investment, expanding the yacht sector, and generating new job opportunities to bolster the national economy. <img src="https://photo-assets.superyachttimes.com/photo/340156/image/large-0a3c87e7099814d654134ffeffa9c244.jpg" data-gid="gid://syiq/Photo/340156">The Gulf Superyacht Summit 2024As the Middle East’s maritime sector continues to flourish, the ongoing <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit 2024</a> is set to enhance the industry’s presence in the region. The sixth edition of the two-day conference is being held from 4 to 5 December 2024, taking place at the five-star Jumeirah Beach Hotel in the grand Safinah Ballroom.With <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> attending as a gold sponsor, the <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit</a> strives to inform, assist, and advise yachting clients and industry professionalism in order to denote the Gulf as a leading winter superyacht destination.Read:&nbsp;<a data-gid="gid://syiq/Article/62156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Everything you missed from Day 1 of the Gulf Superyacht Summit 2024 (2024-12-05 13:30:00 +0100)">Everything you missed from Day 1 of the Gulf Superyacht Summit 2024</a>

Saudi Red Sea Authority issues first chartering licenses in Saudi Arabia 

The Saudi Red Sea Authority (SRSA) has issued three yacht chartering licenses for the first time in Saudi Arabia. 


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