Company founder Tommy Baldwin III made his first provision delivery in 2015 at the Sag Harbor Yacht Club in New York. From then on, he has utilised his experience and knowledge of the industry to create <a data-gid="gid://syiq/Company/941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shoreside Support (Company)">Shoreside Support</a> - the young superyacht provisions company that has quickly become a global leader after recently acquiring its 200th client. With their order book filling up, notable clients already include the 95.2-metre <a data-gid="gid://syiq/Yacht/4095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet95.2m (312'4&quot;)Lürssen Yachts2014">Kismet</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen’s</a> 85-metre <a data-gid="gid://syiq/Yacht/6327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Areti85.0m (278'10&quot;)Lürssen Yachts2017">Areti,</a> <a data-gid="gid://syiq/Yacht/4455" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lionheart90.0m (295'3&quot;)Benetti SpA2016">Lionheart</a>, the 126.2-metre <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a>,&nbsp;<a data-gid="gid://syiq/Yacht/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatoosh92.42m (303'3&quot;)Nobiskrug2000">Tatoosh</a>, and the <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> built <a data-gid="gid://syiq/Yacht/1711" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava II96.0m (314'12&quot;)Devonport2012">Vava II</a>.&nbsp;<img src="/uploads/store/photo/60045/image/large-ce4a6ba9eee40ed3502cf4103d463718.jpg" data-gid="gid://syiq/Photo/60045">“In our infancy, 100% of our new clients came from me walking on the docks and cold calling boats. Now, I would say we gain around 10% of our clients from cold calling and 90% from word of mouth or similar. Cold calling, however, is still one of my favourite activities!” explains Tommy. Soon to be a team of 20 by the end of 2019, the company works to provide 50+ metre superyachts with a range of meats, seafood, fruit and vegetables, dairy, dry goods, international and gourmet products, furniture, electronics, galley equipment and toiletries from their bases in Miami, Monaco, New York and St Thomas. <img src="/uploads/store/photo/53104/image/large-9eb9d6ec333d257806ac3610da96d95c.jpg" data-gid="gid://syiq/Photo/53104">Taking the time out from launching their latest operations in the Mediterranean and Asia, Tommy and his team had the pleasure of sponsoring the first and second place winners of the coveted Antigua Charter Yacht Show 2018 Chefs Competition. Chef Peter Frost, or “Frostie,” of 65-metre <a data-gid="gid://syiq/Yacht/1970" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eternity65.0m (213'3&quot;)Codecasa S.p.A.2010">Eternity</a> was awarded first place as a result of the competition, with Chef Micail Swindells and Dom Horsey of <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise’s</a> <a data-gid="gid://syiq/Yacht/5999" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Go77.0m (252'7&quot;)Turquoise Yachts2018">Go</a> placing second. <img src="/uploads/store/photo/60049/image/large-88b042505c2c55f724633b0411d4b094.jpg" data-gid="gid://syiq/Photo/60049"><img src="/uploads/store/photo/60041/image/large-2f1ccbbb4c7e1dd8d4d5b9bd4918bf84.jpg" data-gid="gid://syiq/Photo/60041">Having been supplied by <a data-gid="gid://syiq/Company/941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shoreside Support (Company)">Shoreside Support</a> with Petrossian caviar, wagyu from Snake River Farms, Armand De Brignac champagne, Harpke Family Farms’ micro herbs and edible flowers, contestants were challenged to create a three-course ‘New Year Eve’s Dinner Party’ in just 30 minutes. <img src="/uploads/store/photo/60044/image/large-0587616ffb7294aa329638216c3f70ab.jpg" data-gid="gid://syiq/Photo/60044">Despite the company’s infancy, Tommy and his team have established a bullet-proof strategy of how best to meet client requests, regardless of how extraordinary. “We strategically place team members in the most emerging and popular markets so the demands of our clients can be met with personal attention by people who have local knowledge and connections. This is a huge advantage compared to blindly shipping items from one of our offices and relying on third-party freight or logistics companies,” commented Tommy, who ensures that he can personally visit vendors regularly “to verify product quality, the facilities and maintain personal relationships. Personal attention and relationships are vital in this industry.”<img src="/uploads/store/photo/38900/image/large-dd1522866d8bd39367c54e8d5d3dc335.jpg" data-gid="gid://syiq/Photo/38900">Although they have served luxury superyachts such as 74.5-metre <a data-gid="gid://syiq/Yacht/6403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elandess74.5m (244'5&quot;)Abeking & Rasmussen2018">Elandess</a>, 62.97-metre <a data-gid="gid://syiq/Yacht/408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Polar Star62.97m (206'7&quot;)Lürssen Yachts2005">Polar Star</a> and <a data-gid="gid://syiq/Yacht/7886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ulysses52.94m (173'8&quot;)Frederikshavn Værft & Tørdok A/S1967">Ulysses,</a> not all provisions have been high-end. “We also provide anything and everything for the crew. The crew can range from 15 to 70+ members, so they consume quite a lot. With our buying power, we are able to provide all of the crew’s food, beverages and even toiletries at competitive prices to a grocery market all within the crew’s budget.” Whatever the request, this new, fresh-faced company will ensure their top priorities are: “sustainability, product integrity and safe handling,” which will surely secure a bright future in this ever-changing industry.&nbsp;

Shoreside Support yacht provisions

Ulysses U116 on the North Sea

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Kismet leaving Port Hercule

Antigua Charter Yacht Show 2018 Chefs Competition

Go chefs Micail Swindells and Dom Horsey 

Shoreside Support company founder Tommy Baldwin III

Shoreside Support - Chef of Eternity Frostie 

Learn more about the new yacht provisioning company: Shoreside Support on SYT.

Shoreside Support: The young, fresh and fancy superyacht provisioners

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker across their Palm Beach, Fort Lauderdale and Miami offices.<img src="https://photo-assets.superyachttimes.com/photo/399828/image/large-19a5f0e5ae4aec550013e04859fea307.png" data-gid="gid://syiq/Photo/399828">Bustamante joins <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> with over 16 years of experience, including his most recent role with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. At <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>, he will focus primarily on new-build opportunities, while also supporting brokerage sales transactions.“We are delighted to welcome Ernesto to <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>,” commented Sarah Futhazar, US Managing Director. “His expertise in new-build, combined with his commercial approach and dedication to client service, makes him a valuable addition to our team.”Born in Miami and raised between the US and Colombia, Bustamante interned at <a data-gid="gid://syiq/Company/5418" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bertram Yachts (Company)">Bertram Yachts</a> while in college, later graduating from the University of Miami in 2009 with a degree in International Finance &amp; Marketing, and a minor in Entrepreneurship.While in school, he became a fully licensed and certified yacht broker and consequently worked for a boutique firm. From 2014 to 2019 Bustamante joined the <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> Sales Broker’s team, before later moving to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> where he worked as a <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Brand Sales Manager.&nbsp;“What truly attracted me to the company is the opportunity to work with the world's leading shipyards and represent any yacht on the market, giving clients completely independent advice tailored to their ambitions,” concluded Ernesto Bustamante.

Ernesto Bustamante: Camper & Nicholsons appoints Superyacht Sales Broker

Camper & Nicholsons have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker.

Camper & Nicholsons appoints Ernesto Bustamante as a Superyacht Sales Broker

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

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

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

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

Yacht Solutions Europe enters liquidation

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

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

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the appointment of Evan Kortmann as Chief Executive Officer, succeeding Enrico Theuns, who has led the company since 2023.<img src="https://photo-assets.superyachttimes.com/photo/399351/image/large-0b3b67f3579803bdd2cecd343234633d.jpg" data-gid="gid://syiq/Photo/399351">Theuns was originally appointed as CEO through a planned three-year transition following the retirement of founder Wim van der Valk in April 2024. During his tenure, <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> expanded into the 30 metre segment and further strengthened their position in the superyacht market.&nbsp;Read more: <a data-gid="gid://syiq/Article/60237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard announces retirement of founder and management buyout (2024-04-22 09:30:00 +0200)">Van der Valk Shipyard announces retirement of founder and management buyout</a><img src="https://photo-assets.superyachttimes.com/photo/314045/image/large-e3b7cc6745248f659ccfc2d9b2962713.jpg" data-gid="gid://syiq/Photo/314045">“Leading <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> over the past three years has been a rewarding experience,” commented Enrico Theuns. “I am proud of what we have accomplished together and grateful to our employees, clients, co-makers and partners for their commitment and support throughout this period.”Evan Kortmann joins the management team alongside Technical Director Bram Kooltjes and Commercial Director Yoeri Bijker. Theuns will remain involved during the coming months to &nbsp;ensure a smooth transition and support the handover of his responsibilities.Kortmann joins <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> from <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> where he acted as Chief Executive Officer following the semi-retirement of Daan Balk in 2023. Evan joined Balk the year prior as Chief Commercial Officer before transitioning to CEO.&nbsp;Read more: <a data-gid="gid://syiq/Article/58021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down (2023-07-04 16:45:00 +0200)">Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down</a><img src="https://photo-assets.superyachttimes.com/photo/351424/image/large-efe5e4f30ffe75940f3be9e197745b18.jpg" data-gid="gid://syiq/Photo/351424">“<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has built a strong international reputation for delivering high-quality custom yachts,” explained Kortmann. “Our focus on fully custom yachts between 200 and 500 GT allows owners to create a yacht that reflects their individual requirements, while benefiting from the experience and craftsmanship of our team.”“I look forward to working with our clients, colleagues and partners as we continue developing the company and delivering yachts that meet the highest standards of quality and craftsmanship.”

Evan Kortmann appointed CEO of Van der Valk Shipyard

Van der Valk Shipyard has announced the appointment of Evan Kortmann as Chief Executive Officer.

Van der Valk Shipyard appoints Evan Kortmann as CEO

<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 (TISG)</a> has been granted 60 days to submit its final restructuring plan after the Court of Florence formally opened proceedings under Article 44 of Italy's Crisis and Insolvency Code.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The court approved the company's application, filed on 1 July, and appointed three judicial commissioners to oversee the process. In its order, the court said <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> proposed restructuring appears to be structured with the objective of preserving the company as a going concern.The company said business activities will continue as normal under the protection of court-ordered measures that prevent creditor enforcement actions during the restructuring. The 60-day deadline may be extended by the court if necessary.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing marks a further step in <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG’s</a> restructuring process after the company said it could no longer pursue a turnaround solely within Italy’s negotiated settlement framework. Its board resolved on 30 June to seek protection under Article 44, with the application filed the following day.Read: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>In a recent market update, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> disclosed consolidated net financial debt of approximately €178.7 million and €266.8 million in overdue liabilities as of 31 May 2026. The company also confirmed that accumulated losses had <a href="https://www.superyachttimes.com/yacht-news/tisg-enters-restructuring-phase-share-capital-below-legal-minimum" target="_blank">reduced its share capital below the legal minimum</a> required under Italian law.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>Despite missed loan repayments, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said its lending banks have not accelerated outstanding borrowings while restructuring negotiations continue. The company has also received a €25 million interest-free shareholder loan from controlling shareholder GC Holding to support liquidity during the process.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, which owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, said it will continue operating its new-build and refit businesses while it prepares the restructuring proposal.

TISG granted 60 days to file restructuring plan

The Italian Sea Group (TISG) has been granted 60 days to submit its final restructuring plan.

French catamaran builder <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027 after overseeing the company's development for several years.<img src="https://photo-assets.superyachttimes.com/photo/336108/image/large-030539c248d560fb467ce7d5ce4321c0.png" data-gid="gid://syiq/Photo/336108">The governance changes come as the group, which includes the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot Yachts</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands, prepares for its next phase of growth ahead of its 50th anniversary.Gardies will progressively transition his responsibilities over the coming months to ensure continuity within the business, with Deputy Chief Executive Officer Mathieu Fountaine tasked by the Board of Directors with supporting the next phase of the group's long-term development strategy.The Board has also appointed Stéven Guedeu as Deputy Chief Executive Officer. Guedeu joined the company in 2011and has held a number of commercial leadership positions in the development of both the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands. In his new role, he will oversee the group's sales and marketing activities, while supporting the execution of its long-term strategy.After more than 20 years, Deputy Chief Executive Officer Romain Motteau’s role has not been renewed. <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> stated that Motteau will continue to oversee the group's international activities, while working on a new strategic project, which is expected to be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/370998/image/large-1dccbc7db8fe06ebede4b4e471e38bab.png" data-gid="gid://syiq/Photo/370998">The company has also expanded its Executive Committee, which now comprises Nicolas Gardies, Mathieu Fountaine, Stéven Guedeu, Group Industrial Director Johan Le Saux, Supply Chain &amp; IT Director Vladimir Popov, Chief Financial Officer Betty Roger, Human Resources Director Mélanie Pouplier and Group Purchasing Director Déborah Pligot.In addition, Jordan Sabot has been appointed Communication &amp; Digital Director, succeeding Hélène de Fontainieu following her 32 years with the company. Sabot will be responsible for leading the group's communications strategy, supporting its international development and accelerating its digital transformation.The governance changes follow the publication of <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a>'s first-half fiscal 2025/26 results, during which the group reported revenue of €136.3 million while maintaining positive profitability. The company said it will continue investing in product development, innovation, the energy transition and the continued growth of its Fountaine Pajot Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Yachts and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands.

Fountaine Pajot CEO Nicolas Gardies to step down

Fountaine Pajot has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027.

Fountaine Pajot CEO Nicolas Gardies to step down following leadership transition

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

NextBoat launches strategic partnership with MarineMax 

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

<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> has announced the appointment of Niels Lensen as Sales Director, effective 1 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/398953/image/large-abfc046002b73174bf9884b16561e472.jpg" data-gid="gid://syiq/Photo/398953">Bringing more than three decades of experience across the yachting industry, Niels Lensen will be responsible for all commercial activities at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> and is the new primary point of contact for yacht refits, ReCrafts, or class surveys.Lensen has worked across the industry in brokerage, new construction, surveys, management, charter, maintenance and refit roles, both in the Netherlands and the Mediterranean.&nbsp;In 2015, Lensen founded <a data-gid="gid://syiq/Company/4837" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NL Marine (Company)">NL Marine</a>, a boutique brokerage house operating between the Netherlands and the French Côte d'Azur, as well as previously holding sales directorships for <a data-gid="gid://syiq/Company/104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jongert Yachts (Company)">Jongert</a> and <a data-gid="gid://syiq/Company/359" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lengers Yachts (Company)">Lengers Yachts</a> France. <img src="https://photo-assets.superyachttimes.com/photo/398954/image/large-4595b189d7933b2c017c760f19863c4b.jpg" data-gid="gid://syiq/Photo/398954">“<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> has long set the standard for serious refit and ReCraftTM work in the Netherlands, and I am honoured to be joining the team,” explained Lensen. “The craftsmanship, the facilities in Urk, the calibre of projects that come through the yard are a compelling combination. I very much look forward to working with clients who share that same passion for doing things properly.”ReCraftTM refers to <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a>’s registered trademark and reflects their expertise in transforming existing yachts through extensive refit, redesign and technical upgrades, allowing them to restore a yacht to a condition that they believe rivals or even surpasses new-build standards.Lensen will be available throughout the 2026 yacht show season alongside the <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Royal Balk Shipyard</a> team at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a>, <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a>, <a data-gid="gid://syiq/Event/346" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade - 2026">Metstrade</a>, <a data-gid="gid://syiq/Event/340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2026">Fort Lauderdale International Boat Show</a> and <a data-gid="gid://syiq/Event/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2026">Palm Beach International Boat Show</a>.

Royal Balk Shipyard appoints Niels Lensen as Sales Director

Balk Shipyard has announced the appointment of Niels Lensen as Sales Director, effective 1 July 2026.

<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 (TISG)</a> has released an updated market disclosure outlining its financial position as of 31 May 2026, providing further insight into the Italian superyacht builder's ongoing restructuring process.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The filing, published at the request of Italian financial regulator Consob, follows <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> entry into Italy's Negotiated Crisis Settlement procedure in March after the company disclosed internal financial irregularities. It comes weeks after the builder confirmed that accumulated losses had reduced its share capital below the statutory minimum required under Italian law.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a>As of 31 May 2026, the <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG Group</a> reported a consolidated net financial debt of around €178.7 million, including over €154.6 million in bank debt and cash and cash equivalents of approximately €7.5 million. The parent company, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG S.p.A</a>, reported a net financial debt of over €179.6 million.The disclosure also details €266.8 million in overdue liabilities across the group. This comprises over €42.6 million in overdue financial liabilities, over €77.6 million in trade payables, around €98 million owed to factoring companies, over €29.3 million in tax liabilities and over €18.1 million in social security liabilities.<img src="https://photo-assets.superyachttimes.com/photo/278854/image/large-10473eb6d3fdc1c0fbd3a7cdaa4e5d83.jpg" data-gid="gid://syiq/Photo/278854">According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, although the missed repayment of certain loan instalments entitles its lending banks to declare all outstanding borrowings immediately due, they have not exercised this right while negotiations continue under the court-supervised restructuring process.The company also revealed that it has received 30 payment orders from creditors since entering the restructuring procedure on 16 March, representing claims totalling approximately €2 million. Of these, 22 have been settled for an agreed amount of €408,000, while several others have either been challenged, are under negotiation or will be addressed as part of wider financial restructuring discussions.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing confirms that <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> remains protected by measures granted by the Court of Florence on 20 April, which remain in force until 14 July 2026. The company said these measures continue to stay enforcement actions by creditors covered by the court order while negotiations with lenders and other stakeholders progress.Read more:&nbsp;<a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>The update also provides further details on the €25 million interest-free shareholder loan granted by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> controlling shareholder, GC Holding S.p.A. The company said the funding was introduced after cost overruns across the majority of its yacht construction contracts reduced operating margins and placed significant pressure on cash flow while production continued on vessels under construction.The shareholder loan is subordinated to the company's bank debt and is repayable by 31 December 2032.An Ordinary Shareholders' Meeting has been convened for 22 July 2026 to consider the company's financial position and the measures required to restore its share capital.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Moreover, the company’s Board of Directors, which met on 30 June 2026, resolved to file a petition pursuant to Article 44 of Legislative Decree No. 14/2019 (the so-called “domanda prenotativa”), in order to access protective legal measures and safeguard business continuity.The decision follows recent developments in discussion with shipowners, which the company said no longer made it possible to pursue a turnaround solely within the framework of the negotiated settlement procedure. The filing, expected to take place immediately, will allow the company to operate under court protection while preparing a restructuring plan.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, and continues to operate its new-build and refit businesses while the restructuring process remains ongoing.

The Italian Sea Group reports financial debt

The Italian Sea Group (TISG) has released an updated market disclosure outlining its financial position as of 31 May 2026.

TISG reports over €178 million net financial debt in latest restructuring update 

US-based boating and yacht retailer <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has completed the refinancing of its $1.49 billion senior secured credit facilities.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">The company has replaced its existing loans with a new financing package designed to lower borrowing costs, increase financial flexibility and extend the repayment deadline to June 2031.The refinancing includes a $950 million inventory financing facility, a $302.5 million term loan, a $150 million revolving credit facility, which replaces a $100 million facility and an $85 million delayed draw mortgage facility, of which $35 million is currently outstanding and replaces the previous $100 million facility.“This refinancing strengthens our financial position by lowering our borrowing costs, extending our maturity and providing additional liquidity to support the continued execution of our long-term strategy,” explained Michael H. McLamb, Executive Vice President, Chief Financial Officer and Secretary of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>.The financings were led by M&amp;T Bank as Administrative Agent and Joint Lead Arranger, along with Wells Fargo Commercial Distribution Finance as Joint Lead Arranger and Floor Plan Agent.“Successfully completing this transaction on improved terms in today’s marine industry environment underscores the strength of our lender relationships and reflects the confidence they have in our operating performance, disciplined capital allocation, healthy balance sheet and management team,” concluded McLamb.&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">In May 2026</a>, Reuters reported that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> was preparing for a potential sale of the company. One potential buyer had raised its offer and one prominent private equity firm was conducting due diligence, with the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> board of directors agreeing to move forward with a sale process.Read more:&nbsp;<a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">MarineMax explores potential sale as Donerail raises its bid</a>Headquartered in Clearwater, Florida, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates 65 marinas and storage locations, alongside 70 dealerships, offering yachts for sale, as well as marine services through its acquisition of <a data-gid="gid://syiq/Company/2184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Island Global Yachting (Company)">Island Global Yachting (IGY)</a> in 2022, as well as <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>.&nbsp;

MarineMax refinances $1.49 billion credit facilities

MarineMax has completed the refinancing of its $1.49 billion senior secured credit facilities.

MarineMax refinances $1.49 billion credit facilities, extending debt maturity to 2031

The 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> motor yacht <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a>&nbsp;is currently on the market with Richard Higgins and Matt Palmer of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> offers an opportunity to acquire a refitted vessel following an extensive 16-month rebuild completed in 2023, which included extending her length from 48 to now 50.4-metres.<img src="https://photo-assets.superyachttimes.com/photo/399872/image/large-a1a5e2d064f2dd79b9d13d0d2e73b414.jpg" data-gid="gid://syiq/Photo/399872">Originally delivered by Dutch shipyard in 1990, the <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">yacht Emerald for sale</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, while her interior was redesigned by <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> during the rebuild. <img src="https://photo-assets.superyachttimes.com/photo/399870/image/large-2df2bdee3d6717fc4d07ba05a00006c4.jpg" data-gid="gid://syiq/Photo/399870">Constructed with a steel hull and aluminium superstructure, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of 8.18-metres, and a draft of 2.5-metres.<img src="https://photo-assets.superyachttimes.com/photo/399874/image/large-c3286a9f1291c0d3f062181835b7a7ed.jpg" data-gid="gid://syiq/Photo/399874" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><img src="https://photo-assets.superyachttimes.com/photo/399869/image/large-f6626c9ffb7a9033c1c02246d0bc3a36.jpg" data-gid="gid://syiq/Photo/399869" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">In terms of outdoor living, the <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">yacht Emerald for sale</a>’s bridge deck saloon and aft cockpit were extended, with a single crane replacing the original twin-crane arrangement resulting in a more versatile outdoor lounge. Meanwhile, her sundeck was lengthened to accommodate a forward Jacuzzi, sun pads, additional lounge seating and a wet bar.<img src="https://photo-assets.superyachttimes.com/photo/399876/image/large-35f16f5691d0fd86cf344cc418336526.jpg" data-gid="gid://syiq/Photo/399876">Stepping inside, <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> embraces a contemporary interior by <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a>, finished in soft neutral tones with warm timber detailing. With a redesigned main saloon, separate lounge and dining areas are offered to guests, while large windows maximise natural light throughout the living spaces.<img src="https://photo-assets.superyachttimes.com/photo/399875/image/large-65f49dafec9f800e01e5763b0f228840.jpg" data-gid="gid://syiq/Photo/399875">With an interior volume of 467 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=feadship" rel="noopener noreferrer" target="_blank" title="">Feadship yacht for sale</a> has been reconfigured and is now arranged for up to 12 guests across six staterooms. The layout comprises a forward-facing owner's suite and adjacent VIP suite on the main deck, alongside four guest staterooms on the lower deck. Dedicated quarters sleep up to 10 crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/399877/image/large-0535fbc877085fc643366b2498ffe138.jpg" data-gid="gid://syiq/Photo/399877"><img src="https://photo-assets.superyachttimes.com/photo/399878/image/large-e2c719b45d8d1a91c7fdc7a56d1b734d.jpg" data-gid="gid://syiq/Photo/399878">Beyond her aesthetic transformation, the rebuild of the <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">yacht Emerald for sale</a> included new Quantum extending fin stabilisers for enhanced comfort underway and at anchor, alongside upgraded navigation, audiovisual and IT systems, Starlink connectivity, a new commercial galley, walk-in refrigeration facilities and renewed class certification with commercial compliance.<img src="https://photo-assets.superyachttimes.com/photo/399871/image/large-3ce140cfc66a01010e3f6fe014c0d45d.jpg" data-gid="gid://syiq/Photo/399871" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">In terms of performance, the <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">yacht Emerald 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, delivering a cruising speed of 11 knots and a top speed of 14 knots. <img src="https://photo-assets.superyachttimes.com/photo/399873/image/large-eb943885abfce05cb33aa0301c8b1f1e.jpg" data-gid="gid://syiq/Photo/399873">

50m Feadship superyacht Emerald for sale

The 50m Feadship superyacht Emerald has been listed for sale with Northrop & Johnson, following an extensive rebuild completed in 2023.

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the delivery of the 39.92-metre flagship motor yacht <a data-gid="gid://syiq/Yacht/13251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shine39.92m (130'12&quot;)Van der Valk Shipyard2026">Shine</a>, following her sea trials earlier this year. Previously named Project EVO, she is the Dutch shipyard’s largest yacht to date.<img src="https://photo-assets.superyachttimes.com/photo/391534/image/large-e177730cbb9cea05c51ef7f8bdc4369b.jpg" data-gid="gid://syiq/Photo/391534">Launched in March 2026 from <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk</a>'s facilities in Waalwijk, the Netherlands, Shine features exterior design by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a>, developed from an original concept by <a data-gid="gid://syiq/Company/7429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SFG Yacht Design (Company)">SFG Yacht Design</a> and <a data-gid="gid://syiq/Company/7845" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fancy by Dada (Company)">Fancy by Dada</a>.Read more:&nbsp;<a data-gid="gid://syiq/Article/65536" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="40m Van der Valk yacht Project EVO launched and named Shine (2026-03-04 11:00:00 +0100)">40m Van der Valk yacht Project EVO launched and named Shine</a><img src="https://photo-assets.superyachttimes.com/photo/391530/image/large-221462d5721514f463fc5e3b0ee5b4a9.jpg" data-gid="gid://syiq/Photo/391530">The project grew from an initial 36-metre concept into the current 40-metre vessel, with the owners closely involved at every stage of the design process. Her owners were introduced to <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk</a> by Thom Conboy who acted as the owner’s representative throughout the build.<a data-gid="gid://syiq/Yacht/13251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shine39.92m (130'12&quot;)Van der Valk Shipyard2026">Shine</a> boasts interior design by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a>, with naval architecture courtesy of <a data-gid="gid://syiq/Company/285" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ginton Naval Architects (Company)">Ginton Naval Architects&nbsp;</a>and <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design (Company)">Diana Yacht Design</a>. Gatto’s team used approximately 78 different materials to realise the owner’s brief, reflecting his preference for personally handling and driving his own vessels.<img src="https://photo-assets.superyachttimes.com/photo/391531/image/large-ca9ce5a6633cedcdfcaa58229c6e64b4.jpg" data-gid="gid://syiq/Photo/391531">At a volume of 370 GT, she can accommodate up to 10 guests across five well-appointed staterooms. Her full-beam owner’s deck is located on the main deck forward and is fitted with his-and-hers bathrooms and a walk-in wardrobe.<a data-gid="gid://syiq/Yacht/13251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shine39.92m (130'12&quot;)Van der Valk Shipyard2026">Shine</a>’s remaining guest suites are found on the lower deck, comprising two double staterooms and two twin staterooms. One of the suites can be converted into a double and the second can also be used as a gym.<img src="https://photo-assets.superyachttimes.com/photo/391129/image/large-2f5863e2ad16b526ba59da632617f253.jpg" data-gid="gid://syiq/Photo/391129">Moving outside, <a data-gid="gid://syiq/Yacht/13251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shine39.92m (130'12&quot;)Van der Valk Shipyard2026">Shine</a> showcases a main-deck alfresco seating area sheltered beneath a hardtop, while her spacious beach club provides seamless access to the water via twin staircases.Additional outdoor living areas are located on the bridge deck, which features a large alfresco dining space, while the sun deck is arranged with a further lounge area, sunloungers and a bar for relaxed entertaining.<img src="https://photo-assets.superyachttimes.com/photo/391529/image/large-a2df695e5e39ff46e27ba6654af143bd.jpg" data-gid="gid://syiq/Photo/391529">In terms of performance, <a data-gid="gid://syiq/Yacht/13251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shine39.92m (130'12&quot;)Van der Valk Shipyard2026">Shine</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 top speed of 24 knots at half load and a cruising speed of 19 knots. She also has a range of 2,200 nautical miles at a cruising speed of 10 knots.

Shine: 40m Flagship Van der Valk yacht delivered

Van der Valk Shipyard has announced the delivery of the 39.92-metre flagship motor yacht Shine, following her sea trials earlier this year.

40m Flagship Van der Valk motor yacht Shine delivered

<a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa Yachts</a> has announced the launch of the 51.5-metre T52 Vitruvius yacht <a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> from its facilities in Genoa on Saturday 11 July. The launch took place in the presence of her owners, guests, the Tankoa management team and the team behind her construction. <img src="https://photo-assets.superyachttimes.com/photo/399831/image/large-8b3f2f29e4b3f8cbb7eb17028aa9c154.jpg" data-gid="gid://syiq/Photo/399831">Previously known as Project Secret, construction on <a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> began in 2022 with exterior design and naval architecture by <a data-gid="gid://syiq/Company/8394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Philippe Briand Group Ltd. (Company)">Philippe Briand</a> and Veerle Battia of <a data-gid="gid://syiq/Company/1405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitruvius Yacht Design (Company)">Vitruvius Yacht Design</a>, with interior design penned by <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a>.“A launch is always such a special moment,” commented Vincenzo Poeri, CEO of <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa Yachts</a>. “It is the culmination of many years of hard work, and it is a privilege to share this experience, and all of the emotions associated with it, with our clients and everyone involved in her construction.”<a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> was designed with a focus on creating a tranquil atmosphere for guests onboard. As a result of this, Willem Van Cappellen of <a data-gid="gid://syiq/Company/5472" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Cappellen Consultancy (Company)">Van Cappellen Consultancy</a> was enlisted to oversee the interior sound and vibration aspects, to increase the owner’s goal of enhancing the resonance of the ocean's sounds.Read more:&nbsp;<a data-gid="gid://syiq/Article/60216" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Build update: Hull of 52m Tankoa superyacht Project Secret completed (2024-04-18 14:45:00 +0200)">Hull of 52m Tankoa superyacht Project Secret completed</a><img src="https://photo-assets.superyachttimes.com/photo/399832/image/large-7cfa1f20266928ffc6fa9bfd9ef05fb6.jpg" data-gid="gid://syiq/Photo/399832">Her interior design uses a refined palette of natural materials, soft textures and understated detailing to enhance the sense of calm onboard. Ample daylight floods her interior spaces, thanks to full-height windows, further enhancing her connection to the water.<a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> can comfortably accommodate up to 12 guests across a six stateroom configuration, with her master suite situated on the main deck, complete with a private balcony that offers breathtaking sea views.Key features of <a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> include a stern plunge pool, with side platforms to allow guests to move effortlessly between training, recovery and swimming. Her wellness-focused beach club is also centered around a spacious gym, which opens directly onto an expansive aft terrace. <img src="https://photo-assets.superyachttimes.com/photo/399830/image/large-d7cd3f5a342d5bd4eba2b4248f831623.jpg" data-gid="gid://syiq/Photo/399830">During her engineering and construction phases, <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa Yachts</a> carried out an extensive optimisation study covering the hull, weight distribution and overall dynamics to maximise efficiency.As a result, <a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> is equipped with a full-hybrid propulsion system by <a data-gid="gid://syiq/Company/7127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="E-Motion Hybrid (Company)">E-motion Hybrid</a>, combining conventional engines with electric motors and batteries. In terms of performance, <a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> can reach a top speed of 17 knots and a cruising speed of 15 knots.&nbsp;“<a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> perfectly demonstrates <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a>'s ability to transform an ambitious, highly bespoke vision into reality through exceptional craftsmanship and close collaboration with both the owner, his design team and our team,” concluded Vincenzo Poeri. <img src="https://photo-assets.superyachttimes.com/photo/362869/image/large-8d7e037b40e6add0ae8bcc7a9b2b1e07.jpg" data-gid="gid://syiq/Photo/362869"><a data-gid="gid://syiq/Yacht/12045" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit51.5m (168'12&quot;)Tankoa Yachts S.p.A.2026">Spirit</a> will now enter the final stages of construction, with sea trials and technical testing underway ahead of delivery to her owner.

Spirit: Hybrid Tankoa T52 Vitruvius yacht launched

Tankoa Yachts has announced the launch of the 51.5-metre T52 Vitruvius yacht Spirit from its facilities in Genoa on Saturday 11 July.

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52m Hybrid Tankoa T52 Vitruvius yacht Spirit launched

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has unveiled the first details on its new 24-metre <a data-gid="gid://syiq/Yacht/15636" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship F8024.0m (78'9&quot;)Feadship2027">Feadship F80</a> yacht as she moves to outfitting. <img src="https://photo-assets.superyachttimes.com/photo/399826/image/large-196a2ca0131ad947f76b475a4aef641f.jpg" data-gid="gid://syiq/Photo/399826">Construction of the yacht began in 2025 at the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Makkum facility, with the first F80 yacht now moving to outfitting at the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> De Vries facility in the Netherlands. Developed in response to growing demand for a yacht around the 24 metre mark, she is inspired by the appeal of classic <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>s. <img src="https://photo-assets.superyachttimes.com/photo/399817/image/large-90b231ed5164b53421cb55a8225c6953.jpg" data-gid="gid://syiq/Photo/399817"><img src="https://photo-assets.superyachttimes.com/photo/399802/image/large-79873b5ba861bb92c8a7b30f99738d4d.jpg" data-gid="gid://syiq/Photo/399802"><img src="https://photo-assets.superyachttimes.com/photo/399813/image/large-8cafd4adb7ad48a63c8662efc111d9fa.jpg" data-gid="gid://syiq/Photo/399813">Details surrounding the aluminium <a data-gid="gid://syiq/Yacht/15636" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship F8024.0m (78'9&quot;)Feadship2027">Feadship F80</a> yacht are yet to be revealed, with Feadship describing the yacht as a new chapter for the shipyard. “When your reputation is built on creating some of the world’s most iconic superyachts, a yacht of 24-metres has to be something truly special,” they explained.<img src="https://photo-assets.superyachttimes.com/photo/399809/image/large-675840528af1843bdded03588598245e.jpg" data-gid="gid://syiq/Photo/399809"><img src="https://photo-assets.superyachttimes.com/photo/399810/image/large-7e4161e8fa184a8249632771ed76c093.jpg" data-gid="gid://syiq/Photo/399810">The first images of the <a data-gid="gid://syiq/Yacht/15636" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship F8024.0m (78'9&quot;)Feadship2027">Feadship F80</a> show flowing lines, which create an elegant silhouette, with her broad beam suggesting a generous interior volume. Expansive windows flood her living spaces with natural light, with glazing spanning her main deck. <img src="https://photo-assets.superyachttimes.com/photo/399824/image/large-f72bd5a714f706a101e0c5567a361318.jpg" data-gid="gid://syiq/Photo/399824"><img src="https://photo-assets.superyachttimes.com/photo/399823/image/large-4aaa5efb85985face5be21e398555739.jpg" data-gid="gid://syiq/Photo/399823">According to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> the <a data-gid="gid://syiq/Yacht/15636" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship F8024.0m (78'9&quot;)Feadship2027">F80</a> yacht combines timeless styling, generous living spaces, a top speed of 33 knots and exceptional onboard comfort. She has an expected delivery date of 2027.<img src="https://photo-assets.superyachttimes.com/photo/399812/image/large-49fb8b4595aace2c10fa9e3739e89af7.jpg" data-gid="gid://syiq/Photo/399812">

Feadship F80: 24m yacht moves to outfitting

Feadship has unveiled the first details on its new 24-metre Feadship F80 yacht as she moves to outfitting. 

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First Look: 24m Feadship F80 yacht moves to outfitting

<a data-gid="gid://syiq/Company/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Circa Marine (Company)">Circa Marine</a> has announced the sale of its <a data-gid="gid://syiq/Yacht/17229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Circa Marine 24m Explorer / 0325.0m (82'0&quot;)Circa Marine2027">third 24-metre Circa Marine Explorer yacht</a> to an American owner, with the build scheduled for completion over the next 18 months.<img src="https://photo-assets.superyachttimes.com/photo/101883/image/large-bb3d5799fe8c5a684bb5ab27ec261826.jpg" data-gid="gid://syiq/Photo/101883">Commissioned through <a data-gid="gid://syiq/Company/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Circa Marine (Company)">Circa Marine's</a> exclusive sales representative, Ocean Vault, the yacht's keel has already been laid and construction is now underway. <a data-gid="gid://syiq/Company/7735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Vault (Company)">Ocean Vault</a> director Shaun Sutherland is overseeing the project from the initial enquiry through to contract.The sale follows an international search by the owner, who ultimately travelled to Whangārei, New Zealand, where a visit aboard the first hull in the series cemented the decision to commission a new build.According to Shaun, discussions with the buyer began at the end of 2025 after an enquiry about an FPB64 model. However, it soon became clear that a custom new-build explorer yacht would better suit the owner's requirements."The client was sold immediately," said Shaun. "He loved the look, the layout and the quality of the finish."Designed as an owner-operated explorer yacht, the 24-metre model offers long-range cruising capability with reduced maintenance requirements and minimal crew compared to many yachts of a similar size.The third <a data-gid="gid://syiq/Company/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Circa Marine (Company)">Circa Marine</a> 24-metre Explorer yacht is expected to undergo sea trials ahead of delivery following the completion of her 18-month build programme.

Third Circa Marine explorer yacht sold

Circa Marine has announced the sale of its third 24-metre Circa Marine Explorer yacht.

Third 24m Circa Marine Explorer yacht sold and in-build

<a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> has unveiled a new yacht design collaboration with London-based studio <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a>, taking on a new family of yachts ranging from 50 to 75 metres. The series combines an adaptable contemporary aesthetic with a hybrid propulsion system across multiple platforms and scales.<img src="https://photo-assets.superyachttimes.com/photo/399789/image/large-8e849468d5727e995fe2a1d6be4fd496.png" data-gid="gid://syiq/Photo/399789">According to <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>, the collaboration offers the opportunity to create a yacht rooted in the Seattle shipyard's DNA, while introducing a forward-looking visual vocabulary, combining function and form. <img src="https://photo-assets.superyachttimes.com/photo/399793/image/large-1ceed97d736405b8012ecccbe397385b.png" data-gid="gid://syiq/Photo/399793">The first design to emerge from the partnership is the Delta + B&amp;R 500, a 50-metre concept with a sub-500 GT platform, while a 65-metre variant is already under development. The design is intended to be scalable across the full 50 to 75-metre range.<img src="https://photo-assets.superyachttimes.com/photo/399794/image/large-7f799d94396e5c5cd0d31feec621eb3f.png" data-gid="gid://syiq/Photo/399794"><img src="https://photo-assets.superyachttimes.com/photo/399792/image/large-691bc4190627b394066b2098c668cba5.png" data-gid="gid://syiq/Photo/399792">Penned by <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a>, the exterior of the yacht showcases a sculptural hull form defined by an intersection of creases that creates what the designers describe as a subtle triangle motif, representing a physical interpretation of a delta.<img src="https://photo-assets.superyachttimes.com/photo/399795/image/large-eeb1f7527f2f6d7898e10ba07526aee9.png" data-gid="gid://syiq/Photo/399795">&nbsp;This design language continues through angled canopies, sculpted aft bulwarks and reverse-angled window apertures aft, creating a cohesive profile intended to convey movement, precision and strength.<img src="https://photo-assets.superyachttimes.com/photo/399797/image/large-8cf740ddbc8c4723f8ffa3fcadf1fa2b.png" data-gid="gid://syiq/Photo/399797">Developed as a sub-500 GT platform, the concept deliberately limits interior volume in favour of expanded exterior spaces. According to the designers, the exterior decks have been conceived as extensions of the interior, featuring generous social and lounge areas that flow between indoor and outdoor living. <img src="https://photo-assets.superyachttimes.com/photo/399791/image/large-474b9efcbf57f69109f5969d3691f6a9.png" data-gid="gid://syiq/Photo/399791" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Oversailing horizontal elements and sculpted aft wings further emphasise the yacht's dynamic profile, while the materials and finishes have been developed as a flexible foundation that can be tailored to future owners.<img src="https://photo-assets.superyachttimes.com/photo/399799/image/large-2d3b6707acdb986a3f662dc5556d6025.png" data-gid="gid://syiq/Photo/399799">Intended to meet the expectations of the new generation of yacht owners, the concept has been designed to balance a dynamic aesthetic with the practical demands of long-range cruising, watersports and entertaining.<img src="https://photo-assets.superyachttimes.com/photo/399787/image/large-647528aca36343d8cea226dd1c12a814.png" data-gid="gid://syiq/Photo/399787" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The Delta + B&amp;R yachts will feature a diesel-electric hybrid propulsion system incorporating podded drive units and an integrated energy storage solution.This system combines conventional diesel generation with electric propulsion, delivering versatility across all operating profiles while reducing fuel consumption and emissions, while preserving the range, performance and reliability expected of a world-class yacht.<img src="https://photo-assets.superyachttimes.com/photo/399788/image/large-760edaf9c16b70acbf2b286cfd7579f6.png" data-gid="gid://syiq/Photo/399788">Commenting on the collaboration, Simon Rowell of <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> said: "Our goal was to create a yacht that feels unmistakably Delta while introducing a fresh sense of dynamism and physicality."<img src="https://photo-assets.superyachttimes.com/photo/399790/image/large-7eb92babf3fa23f941829a0d18991809.png" data-gid="gid://syiq/Photo/399790">Michelle Jones of <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> added: "The collaboration forms part of <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>'s broader vision for the future, one that embraces international partnerships, evolving owner expectations, and continued commitment to engineering excellence."

Delta Marine and Bannenberg & Rowell unveil new 50 to 75m hybrid yacht series

DELTA + B&R by Delta Marine and Bannenberg & Rowell is developed hybrid-powered, and scalable from 50 to 75 metres. 

<img src="https://photo-assets.superyachttimes.com/photo/399785/image/large-b71417dd18d47517498b3583ef6382b8.jpg" data-gid="gid://syiq/Photo/399785">Spotted in Malta's Grand Harbour early last month was the 77.7-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht <a data-gid="gid://syiq/Yacht/9445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amalya77.7m (254'11&quot;)Admiral2025">Amalya</a>. Previously known as Project Blue Marlin, the vessel is instantly recognisable by her distinctive aqua-blue hull and was delivered in 2025. Behind her is the 85.3-metre <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a> explorer yachts <a data-gid="gid://syiq/Yacht/7424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wanderlust85.3m (279'10&quot;)Silver Yachts2022">Wanderlust</a> delivered in 2022.<a data-gid="gid://syiq/Yacht/9445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amalya77.7m (254'11&quot;)Admiral2025">Amalya</a> features both exterior and interior design by <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>, while her naval architecture was developed in-house by her builder. Her custom design is centred around an expansive six-metre swimming pool, creating a versatile space for entertaining, social gatherings and onboard events while cruising. The yacht also offers generous lounging, seating and dining areas, complemented by a deck Jacuzzi. Guests can further enjoy a luxurious spa and a state-of-the-art gym.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 engines, <a data-gid="gid://syiq/Yacht/9445" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amalya77.7m (254'11&quot;)Admiral2025">Amalya</a> is constructed with a steel hull and an aluminium superstructure. According to AIS data, she is currently in Antibes, France.

Admiral yacht Amalya in Malta

Spotted in Malta's Grand Harbour early last month was the 77.7-metre Admiral superyacht Amalya. 

78m Admiral superyacht Amalya in Malta

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche (CdM)</a> has announced the appointment of Filippo D. Buonpensiere as Sales Manager, as the Italian shipyard continues to expand its commercial capabilities and market presence.<img src="https://photo-assets.superyachttimes.com/photo/399781/image/large-810b332c149087be29fd81d83e1495ba.png" data-gid="gid://syiq/Photo/399781">Buonpensiere brings six years of operational and commercial experience at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche (CdM)</a>, having been a part of the shipyard during what the shipyard describes as one of the most formative periods of its growth. Beginning with hands-on work during school holidays, he progressed through participating at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>'s major international boat shows, from yacht preparation and detailing to sales.According to <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>, Buonpensiere later became directly involved in used yacht sales transactions, where he gained commercial experience and worked closely with clients throughout the sales process.Alongside his practical experience, Buonpensiere recently completed his degree as an Honor Student at IUM Monaco, combining a six-month internship at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> with six months of study at a London-based institution.Commenting on the appointment, Founder and President of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, Ennio Cecchini, said: "Filippo represents the best of what our company culture produces. His career trajectory reflects not just technical competence, but a genuine passion for our craft and for the ocean itself. He arrives in the Sales Department with the credibility that only authentic experience can provide."

Cantiere delle Marche appoints Filippo D. Buonpensiere as Sales Manager

CdM has appointed Filippo D. Buonpensiere as Sales Manager, as the Italian shipyard expands their market presence and capabilities.


<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has announced the launch of the first unit in its new <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Heritage series, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> from Ameglia, Italy. The 25.5-metre yacht entered the water for the first time ahead of her world première at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a> this September.<img src="https://photo-assets.superyachttimes.com/photo/399780/image/large-ed2093cd41f7b1d55585ffe966f84b19.jpg" data-gid="gid://syiq/Photo/399780"><a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> reinterprets 1960s iconic design through contemporary engineering and design, with exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a> and interior design penned by Piero Lissoni (<a data-gid="gid://syiq/Company/78" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lissoni & Partners (Company)">Lissoni &amp; Partners</a>).Described by her Italian builder as “expressing a quieter vision of luxury yachting”, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> has been designed for owners who prefer substance over spectacle. SHE presents a contemporary interpretation of classic yachting proportions, combining timeless styling cues with modern technologies.<img src="https://photo-assets.superyachttimes.com/photo/376712/image/large-e28a4ba42e3ad279fd4d4dc5d5402928.jpg" data-gid="gid://syiq/Photo/376712">“Innovation rooted in respect for tradition, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> demonstrates how the most enduring ideas continue to inspire when reinterpreted with a clear and conscious intent,” explained Massimo Perotti, Executive Chairman of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.<a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> features an open-plan interior design, with her main saloon flowing seamlessly into her dining room forward. A central staircase is situated in the middle of the room, providing direct access to her sleeping quarters below. <img src="https://photo-assets.superyachttimes.com/photo/376713/image/large-b35293334a67d3a953dfca94ba0b0af3.jpg" data-gid="gid://syiq/Photo/376713"><a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> can comfortably accommodate up to six guests across a three stateroom configuration on the lower deck, consisting of a full-beam master suite at her stern, alongside a double and a twin stateroom. She can also sleep a crew of three.&nbsp;According to <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> embodies the shipyard’s ‘Tomorrow's Timeless’ philosophy, uniting enduring design, master craftsmanship and purposeful innovation. Additionally, the first five units have already been sold ahead of the yacht’s launch.<img src="https://photo-assets.superyachttimes.com/photo/375559/image/large-2c997b394aee037305155cbfcc8fb688.jpg" data-gid="gid://syiq/Photo/375559">In terms of performance, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> is equipped with advanced technology, including the introduction of <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a>’s IPS Hybrid propulsion system. SHE will make her world première at the <a data-gid="gid://syiq/Event/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2026">Cannes Yachting Festival</a> from 8 to 13 September 2026.“Echoing the elegance and balance of the classic navetta through contemporary design and cutting-edge technologies, <a data-gid="gid://syiq/Yacht/16564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo SHE/025.5m (83'8&quot;)Sanlorenzo2026">SHE</a> embodies our belief that true luxury is not measured by trends, but by its ability to endure and remain relevant over time. This is the essence of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>,” concluded Perotti.

SHE: First hybrid Sanlorenzo Heritage yacht launched

Sanlorenzo has announced the launch of the first unit in its new Sanlorenzo Heritage series, SHE from Ameglia, Italy. 