Situated within the thriving seaside town of Viareggio, known for its historic legacy as a hub for superyacht construction, lies <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Tureddi (Company)">Tureddi Shipyard</a>. With a remarkable heritage spanning over four decades, this storied shipyard represents a tale of two generations under the leadership of founder Andrea Tureddi, the current general manager.From the shipyard’s humble beginnings in large scale commercial construction focused on chemical tankers, cable boats, and work ships, <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Tureddi (Company)">Tureddi</a> has undergone a transformative journey to become a key supplier of hulls, superstructures, and finished yachts for renowned superyacht builders. Collaborations with prominent names such as <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a>, <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>, <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/Company/295" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fincantieri Yachts (Company)">Fincantieri</a>, and <a data-gid="gid://syiq/Company/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mondomarine SpA (Company)">Mondomarine</a> have solidified the yard's reputation as a trusted partner in delivering exceptional vessels. <img src="https://photo-assets.superyachttimes.com/photo/283586/image/large-d1eff5df8e0b4cb650c89e9466addf80.jpg" data-gid="gid://syiq/Photo/283586">Embracing the vision of the second generation, led by Alessandro Tureddi, the President and son of Andrea Tureddi, the shipyard has recently undergone a corporate reorganisation. This transformative move aims to maintain its role as a supply chain partner while establishing its own in-house brand of full custom superyachts.During <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a>' visit to <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Tureddi (Company)">Cantieri Navali Turredi</a>, we had the opportunity to meet with Alessandro Tureddi and his father Andrea to learn more about the shipyard's operations and future plans.Could you share your history and background, and explain how it shaped your entry into the yachting world?Andrea: Having grown up in Viareggio, a town immersed in the luxury yacht industry, it was only natural for me to develop a strong affinity for this captivating industry. My journey began in the early 1980s, when I started work in commercial construction, focusing on large-scale vessels. Through my experiences in this field, I gained valuable insights and honed my skills, eventually transitioning into supplying hulls to major shipyards.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/283576/image/large-3865411ff6ef5770064fa5571aeef883.jpg" data-gid="gid://syiq/Photo/283576">I also had the opportunity to work as a consultant for several renowned Italian shipyards. With our existing facilities and resources. This transition is a natural progression for us, as we possess the necessary skills, expertise, and infrastructure to undertake this ambitious endeavour.What were the key factors that influenced&nbsp;<a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Tureddi (Company)">Tureddi Group's</a>&nbsp;shift in direction?Andrea: There were two pivotal conditions that guided our decision. Firstly, we felt strongly that we had the necessary skills and expertise to embark on producing a line of yachts under our own brand. With our experience in producing high-quality hulls for renowned shipyards, we believed in our ability to deliver exceptional craftsmanship.Alessandro: Secondly, market conditions played a significant role in our decision. Currently, shipyards around the world especially in Italy are facing a full order book stretching until 2026/27. This presented us with the perfect opportunity to cater to discerning buyers who appreciate and seek out high quality yachts.We remain committed to continuing both sides of the business, producing hulls for other shipyards as well as our own brand. <img src="https://photo-assets.superyachttimes.com/photo/283590/image/large-08362fb55e4918081557456847f1fa92.png" data-gid="gid://syiq/Photo/283590">Could you provide an insight into Tureddi's production capabilities?&nbsp;Andrea: <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Tureddi (Company)">Tureddi’s</a> production capabilities are driven by the expertise and experience of our highly skilled professionals who form the backbone of the yard. The dedication and familial bond within the shipyard plays a significant role in our success. Our workforce has been expanding, and we now have a network of around 100 collaborators/employees who contribute to our production.<img src="https://photo-assets.superyachttimes.com/photo/283584/image/large-78d88c85fe5f7f2f0d83696c65d17601.jpg" data-gid="gid://syiq/Photo/283584">Alessandro: In terms of our capacity, we specialise in building steel and aluminium full custom superyachts in the 30-60-metre range. Currently, we operate from three production sites, with two sites dedicated to hull construction and the third site soon to be available for the commencement of a potential new superyacht project. The facilities span over a total of 5,000 square-metres of covered and 2,000 metres of uncovered space, and the location provides direct access to the canal in Navicelli, facilitating the smooth movement of vessels towards the sea. <img src="https://photo-assets.superyachttimes.com/photo/283575/image/large-c09454d11ddc9ab379e9a7353515fcc3.jpg" data-gid="gid://syiq/Photo/283575">Furthermore, we are in the process of establishing three additional sites, including another at Navicelli and two in Viareggio, which offer direct access to the sea. Once these sites are fully operational, they will significantly enhance our construction capacity, allowing us to produce approximately 5 to 6 yachts per year, whilst still continuing with the hull production.This strategic expansion plan demonstrates our commitment to meeting the growing demand for high-quality superyachts and further establishing ourselves as a leading player in the industry.Could you elaborate on your business model?<img src="https://photo-assets.superyachttimes.com/photo/283593/image/large-0409ebd259f22492154183715f1cd76d.jpg" data-gid="gid://syiq/Photo/283593">Alessandro: <a data-gid="gid://syiq/Company/7053" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Navali Tureddi (Company)">Tureddi’s</a> aim is to maintain a flexible and integrated framework that focuses on our core competencies and high-value activities throughout the entire production cycle.By adopting this strategic approach of direct control over the production cycle of each vessel or superyacht, we strive to maintain a balance between utilising our in-house capabilities and outsourcing non-essential activities. This ensures that our expertise and capabilities are leveraged in the most effective way, optimising efficiency and achieving the highest standards of quality. Whether it involves project management, design, procurement, or production, our goal is maximising our strengths and delivering exceptional results.Alessandro: Moreover, we have taken the unique step to establish luxury bars, with one already operational in Viareggio another one set to open in Mayfair. These bars serve as spaces where potential owners, crew and other stakeholders can socialise, interact, and network. This decision aligns with our commitment to developing a direct network and maintaining close relationships with potential owners, rather than relying solely on brokerage houses. By engaging with clients in a more personal and direct manner, we can better understand their needs and deliver tailored solutions.This streamlined approach will allow us to be efficient and to consistently deliver exceptional results, all while maintaining a strong emphasis on quality and client satisfaction. We believe that by continuously refining and fine-tuning our business model, we can stay at the forefront of the industry and exceed the expectations of our clients.What is your future vision?Alessandro: We want to continue the successful trajectory of our ongoing expansion endeavours and are actively seeking further growth opportunities, particularly in the American and Middle Eastern markets. As for the design element, we are looking to collaborate with the design studio <a data-gid="gid://syiq/Company/4663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VYD Studio (Company)">VYD</a> and naval architect <a data-gid="gid://syiq/Company/6683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ArDeMo Yacht & Design (Company)">Leonardo Cecchi</a>. <img src="https://photo-assets.superyachttimes.com/photo/283587/image/large-d4e79a67341e852b073d30ae0e0a619a.jpg" data-gid="gid://syiq/Photo/283587">Drawing on our expertise in working with supply vessels, we are also exploring the potential of supply vessel conversion to meet the increasing demand for yachts exceeding 60 metres in length.<img src="https://photo-assets.superyachttimes.com/photo/283588/image/large-1674dce62677b430d83b0df305b09f74.png" data-gid="gid://syiq/Photo/283588">Andrea: Our ultimate aspiration is to merge Italian craftsmanship, meticulous attention to detail, and an unwavering commitment to delivering vessels of exceptional quality that embody the essence of "Made in Italy."<img src="https://photo-assets.superyachttimes.com/photo/283591/image/large-9cd6132741ca9e471188ba484a1c2cf9.jpg" data-gid="gid://syiq/Photo/283591">

At the yard with Tureddi: Italy's latest shipyard

Tureddi, at the shipyard 

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Andrea Tureddi left and CEO Alessandro Tureddi of Tureddi yachts 

Tureddi yacht concept exterior 

Andrea Tureddi  centre left and Alessandro Tureddi centre right 

SuperYacht Times visits Cantieri Navali Tureddi to sit down with father and son and find out about the yard’s evolution into yachting.

Following our recent exploration of <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>’ reputation for versatility across new-build and refit, the Falmouth-based shipyard is entering spring 2026 with a renewed focus on one of its most defining strengths – its people.<img src="https://photo-assets.superyachttimes.com/photo/390222/image/large-16e879254d9a63809594ceb0b05be29e.jpg" data-gid="gid://syiq/Photo/390222">With nearly 500 in-house specialists and a steadily expanding apprenticeship programme, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> is reinforcing its position not only as a refit destination of choice, but as a centre of excellence for skills development in the South West of England. This comes at a time when many in the industry continue to cite workforce shortages as a limiting factor in project delivery<img src="https://photo-assets.superyachttimes.com/photo/390226/image/large-413d0845910356e5c3833042c1a3488b.jpg" data-gid="gid://syiq/Photo/390226">A centre of excellence in a changing marketIn March alone, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> hosted a dedicated recruitment evening that attracted over 300 applicants competing for just 12 apprenticeship placements – a clear indication of both the yard’s reputation and the strength of its training pipeline.At a time when access to skilled labour remains a concern across the superyacht sector, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> appears to be bucking the trend. Its long-term investment in training, combined with a deeply embedded in-house workforce model, allows the yard to maintain consistency and control across even the most complex refit scopes.This capability is particularly relevant in today’s market, where projects are becoming increasingly technical and timelines more scrutinised.<img src="https://photo-assets.superyachttimes.com/photo/390225/image/large-2ecd8e7e4a68ca9cb92af35673297a4c.jpg" data-gid="gid://syiq/Photo/390225">Delivering complexity across generationsThe yard’s current project portfolio further reinforces this position. Over the winter season, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> has undertaken a diverse range of works spanning more than a century of yacht construction – from heritage vessels dating back to the 1930s through to modern yachts undergoing special surveys and major structural works.Recent activity has included complex re-engineering projects, large-scale structural modifications and advanced component manufacturing supported by its digital manufacturing centre. This facility continues to play an increasingly important role in extending the lifecycle of older yachts, enabling the replication and refinement of legacy components that are no longer available through conventional supply chains.At the same time, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis’</a> involvement with a number of high-profile yachts active in the Caribbean regatta circuit this winter further highlights the yard’s ongoing relationship with performance-driven sailing yachts and technically demanding platforms.<img src="https://photo-assets.superyachttimes.com/photo/390224/image/large-ecee3fccd6a2e466acdd9a64dc013e99.jpg" data-gid="gid://syiq/Photo/390224">Capacity opens for the next major projectAs the yard transitions from a busy spring period into summer, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> confirms that capacity will become available from June onwards.While a steady flow of smaller projects and ongoing works will continue, the shipyard is actively seeking its next large-scale refit or restoration – projects that align with its core expertise in complex, multi-disciplinary programmes.This moment presents an opportunity within a market that remains active, yet somewhat cautious in committing to major refit investments. Against this backdrop, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>’ combination of available capacity, proven delivery and in-house capability positions it strongly for owners and representatives looking to initiate significant works.<img src="https://photo-assets.superyachttimes.com/photo/390223/image/large-db9d8444bf7467a0565f56bce2b5a565.jpg" data-gid="gid://syiq/Photo/390223">Continuing the conversation on versatilityAs explored in our previous feature, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>’ ability to operate across new-build, refit and restoration has long defined its market position. What is increasingly evident, however, is that this versatility is underpinned by something more fundamental: a highly skilled workforce and the infrastructure to support it.In a shifting global landscape for yacht construction and refit, that foundation may prove to be one of the yard’s most valuable assets as it looks ahead to its next season.<img src="https://photo-assets.superyachttimes.com/photo/390221/image/large-a7f6091562ff61462be6ce743308cc16.jpg" data-gid="gid://syiq/Photo/390221">

Pendennis apprenticeship programme 

Pendennis continues to reinforce is workforce with a successful apprenticeship programme. We found out more. 

Pendennis reinforces expertise through thriving apprenticeship programme

Shipyards are most often judged by what leaves the shed – size, design and technical ambition. By those measures, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s position within the upper tier of Northern European builders is well established. Less often examined, however, is how a builder sustains consistency as projects become increasingly complex.<img src="https://photo-assets.superyachttimes.com/photo/388534/image/large-b2ccd786974c3724c2d70de3539dc839.jpeg" data-gid="gid://syiq/Photo/388534">To understand this requires looking beyond the finished yacht and into the internal structures that support it. In <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s case, organisational culture carries as much importance as engineering capability.<img src="https://photo-assets.superyachttimes.com/photo/367151/image/large-8c382775b5a7c78db982332975e7d9ae.png" data-gid="gid://syiq/Photo/367151">A people-first mindsetParis Baloumis has spent nearly two decades at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, spanning different ownership phases and leadership styles. Over that time, formal project management frameworks were introduced, transparency increased and facilities expanded. Alongside these visible changes, however, one principle has remained constant.“<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has always been, first and foremost, a human company,” says Paris. “From the very beginning, our success has come from our people, who care deeply about their work, take ownership of what they do and understand that extraordinary yachts are created through teamwork and shared ambition.”<img src="https://photo-assets.superyachttimes.com/photo/378677/image/large-95b260286ebcb39540f638f7f82168a0.jpg" data-gid="gid://syiq/Photo/378677">To reinforce this culture, leadership structures have evolved to become less performative and more functional. Hierarchy still exists, but its role is supportive rather than directive. In practice, this means decision-making sits close to the point of execution, with input valued regardless of job title.“Each project team works physically alongside the yacht during the build, moving with the project between our facilities in Zwijndrecht and Alblasserdam and operating from an open workspace directly next to the yacht, where the owner’s team and key subcontractors also work side by side,” explains Paris. “If something changes on board, the relevant people can quickly review the situation together and agree on the next step without unnecessary layers of hierarchy or administration.”This approach runs counter to a common instinct within high-risk, high-value construction environments, where control is often centralised as complexity increases. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s model distributes responsibility instead, relying on clearly defined roles and mutual trust to manage risk.Motivation and recognition also play an important role. During the build of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>, <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> hosted a family day where the families of the project team and crew were invited to see the skill and dedication behind the yacht. When <a data-gid="gid://syiq/Yacht/12020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DreAMBoat111.0m (364'2&quot;)Oceanco2025">DreAMBoat</a> was delivered, the celebration again included those who helped build her, allowing everyone to share in the pride of the finished yacht. Equal importance is also placed on creating small moments for teams to step away from the project and spend time together, recognising that reconnecting outside the work environment often brings renewed energy.<img src="https://photo-assets.superyachttimes.com/photo/388533/image/large-a5b44a9493e139983b10ae4757c8f41d.jpeg" data-gid="gid://syiq/Photo/388533">Partnership as practice<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s culture extends to the wider network it works with. Key subcontractors are described internally as ‘Co-makers’, reflecting long-term partnerships built on trust and transparency. These relationships can have a direct impact on project outcomes, particularly when it comes to capacity planning.A recent example came during the builds of <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> and <a data-gid="gid://syiq/Yacht/12020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DreAMBoat111.0m (364'2&quot;)Oceanco2025">DreAMBoat</a>, which were delivered just two weeks apart. “Delivering two complex projects so close together creates significant pressure across <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> and for our Co-makers,” says Edske Smit Project Director “But because we had already been discussing capacity and potential risks several years in advance, we were able to plan and adapt together. By looking at both projects from a broader <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> perspective rather than only individual contracts, teams could shift people and resources where they were needed most.”&nbsp;Transparency therefore becomes an operational necessity. Problems are surfaced early, with the expectation that accountability and learning follow disclosure rather than blame. This approach becomes particularly crucial when projects come under commercial or schedule pressure.“Because many of our Co-makers are long-term partners, there is already a strong level of trust that allows us to act quickly and solve challenges together,” Edske Smit adds. “We communicate clearly about the targets we need to meet and the risks we are prepared to accept, so expectations remain aligned. That openness helps us navigate pressure constructively and continue building trust over time.”<img src="https://photo-assets.superyachttimes.com/photo/388643/image/large-8ea500b0c047de9da42f5c995df3563b.png" data-gid="gid://syiq/Photo/388643">Progress driven by collaborationInnovation follows a similarly collaborative logic. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> encourages Co-makers and suppliers to view themselves not simply as contractors but as partners in developing new ideas. The challenge, however, is less about generating ideas and more about ensuring they gain traction within the realities of a live project environment.“Innovation is always developed collaboratively with our Co-makers and suppliers,” says Edske Smit. “When new ideas emerge, the first question is whether there is a suitable project where they can be tested or implemented, and then whether they align with our broader strategy.”Because innovation inevitably brings a degree of risk, it is always discussed closely with the owner’s team. “We are lucky that many of our owners are enthusiastic about exploring new solutions,” Edske Smit adds. “The key is finding the right balance between strategic direction, project timing and the willingness to pilot new ideas.”Smaller innovations are often evaluated directly within project teams. One example is the compound used for the <a data-gid="gid://syiq/Company/7672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bolidt (Company)">Bolidt</a> synthetic deck on <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>, developed collaboratively between <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, the crew and <a data-gid="gid://syiq/Company/7672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bolidt (Company)">Bolidt</a>. “One of the known challenges with synthetic decking is heat retention,” says Paris. “By adjusting both the colour and the compound, we were able to significantly improve heat dissipation.”<img src="https://photo-assets.superyachttimes.com/photo/388530/image/large-ed1d71e71ba1e6a59cad7fd831529575.jpg" data-gid="gid://syiq/Photo/388530">Larger developments involve the wider development team and, at times, the board. Take <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s Life Cycle Assessment tool, for instance, which gained traction during the development of DreAMBoat when the owner offered support in exploring ways to improve the design and build process for future projects. The result was a collaboration with an independent engineering expert to co-develop a tool capable of measuring a yacht’s carbon footprint in far greater detail than previously possible. The tool is now used during the design stage of all <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> projects, giving clients clearer insight into how design and material choices influence energy use and environmental impact.<img src="https://photo-assets.superyachttimes.com/photo/73482/image/large-272c9906641d609027608ac76389fb19.jpg" data-gid="gid://syiq/Photo/73482">An invisible frameworkWhat is notable is how understated much of this remains. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s culture is not heavily branded or overtly publicised. Instead, it manifests through repeated behaviours – how meetings are structured, how disagreement is handled and how pressure is absorbed during critical project phases. It is rarely visible from the outside, yet it may be one of the shipyard’s most carefully constructed assets.The yachts themselves may be the most obvious outcome, but the people and relationships behind them determine whether that output remains sustainable. <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s future ambitions appear less concerned with scale for its own sake and more focused on maintaining community as projects continue to grow in complexity.

Inside Oceanco shipyard

We speak to the people behind Oceanco's success to find out more about the yard.

Inside the shipyard: The people and processes behind Oceanco’s projects

Pendennis: Masters of versatility, new-build and refit

Refit, rebuild and new-build lie at the heart of Pendennis. We explore the strategy & structure shaping the company’s success.

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Masters of versatility: At the shipyard with Pendennis 

Few names in the superyacht industry command the same degree of respect as <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. The German yard has spent more than a century refining its reputation for precision engineering, meticulous craftsmanship, and deeply personal client relationships. Today, as the industry looks towards a more sustainable and innovative future, the family-owned shipyard continues to evolve while staying true to its heritage. Last week during the Monaco Yacht Show, Abeking demonstrated its strength in the market and we sat down with the team to find out how they are defining the future of the superyacht sector. <img src="https://photo-assets.superyachttimes.com/photo/357835/image/large-27967e447d32e3fd9f45b0aed01cbbd3.jpg" data-gid="gid://syiq/Photo/357835">Refits as a cornerstone of loyalty&nbsp;Refit has long been a part of <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>’s business, yet the yard is now positioning it as a strategic pillar for long-term client engagement. “We are evolving the A&amp;R Refit business into a strategic customer-loyalty tool,” the team explains. “By delivering service that far exceeds the industry norm, we support both longstanding and new owners and build lasting partnerships.”This ethos was brought to life in the recent refit of the 73-metre <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</a>. The project demonstrated the shipyard’s ability to execute complex upgrades with precision and timeliness. Works included an extended swim platform, a refreshed exterior paint finish, and a reimagined sun deck – an elegant combination of added space, timeless design, and enhanced functionality.<a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>’s approach is defined by rigorous quality standards, technical excellence, and an unwavering focus on the owner. Refits are not treated as one-off assignments, but as opportunities to reaffirm trust and strengthen bonds. For many clients, this creates a sense of belonging to what is often referred to as the “A&amp;R family” – a loyal community of owners who continue to return, confident that their yacht is in the most capable hands.<img src="https://photo-assets.superyachttimes.com/photo/280121/image/large-a8b36c5277760081ecb6711350eaea7f.jpg" data-gid="gid://syiq/Photo/280121">A commitment to sustainability&nbsp;Environmental responsibility is no longer optional in yachting, and <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> is taking a proactive stance. The yard has also now secured the ISO 14001 (Environmental Management) and ISO 50001 (Energy Management) certifications, signalling its commitment to sustainable operations across every facet of the business.Beyond certification, the shipyard is actively engaged with leading industry initiatives. It supports the Water Revolution Foundation and participates in the Greenhouse Gas Working Group of SYBAss, ensuring that its voice contributes to shaping a more sustainable superyacht industry. A comprehensive sustainability report, currently in preparation, will outline the yard’s progress to date as well as future ambitions – underscoring the view that environmental stewardship must be transparent, measurable, and continuously improving.<img src="https://photo-assets.superyachttimes.com/photo/280955/image/large-1ef90acfd7a2a57d7b114cb9e9630c3b.jpg" data-gid="gid://syiq/Photo/280955">Centres of Excellence and a culture of innovation&nbsp;Innovation at <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking</a> is not a buzzword but a structured discipline. The shipyard’s Centres of Excellence bring together a team of 25 engineers and specialists focused on advancing technology and efficiency. Their work spans several research pillars – from Future Power &amp; Propulsion and Artificial Intelligence to Lightweight Design, Advanced Gluing, and Additive Manufacturing.These fields are not chosen lightly. Each area has the potential to redefine the way yachts are built and operated, with a clear emphasis on reducing environmental impact while increasing technical sophistication. By developing expertise in such domains, <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> positions itself to deliver the next generation of superyachts – vessels that are as efficient and sustainable as they are beautiful.The yard’s strong ties with academia and research institutions ensure its work is continually informed by the latest scientific advances. Active participation in national scientific committees and industry networks further cements its reputation as a thought leader at the cutting edge of yacht design and construction.<img src="https://photo-assets.superyachttimes.com/photo/330856/image/large-53b16238be5f8826a768a814a313c31c.jpg" data-gid="gid://syiq/Photo/330856">Tradition meeting the future&nbsp;As the Monaco Yacht Show last week highlighted the latest achievements and innovations across the superyacht world, <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> presented a particularly compelling vision. On one hand, the shipyard carries 118 years of German heritage – the experience of a boutique, family-owned company where each yacht is treated with bespoke attention and the precision of traditional craftsmanship. On the other, it is boldly embracing the challenges of the future, from sustainability and energy management to cutting-edge R&amp;D.This duality, the intimacy of a family business combined with the expertise of a world-class yard, is at the heart of <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>’s enduring appeal. Owners who join the <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">A&amp;R</a> family discover more than just a shipyard: they find a trusted partner capable of creating and caring for yachts that embody timeless elegance while remaining firmly future-ready.

Abeking and Rasmussen yacht innovation

Few names in the superyacht industry command the same degree of respect as Abeking & Rasmussen. 

How one German shipyard is shaping the future of yachting

Production is underway on a twin-masted DynaRig sailing system by <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a>, for <a data-gid="gid://syiq/Company/4342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Echo Yachts (Company)">Echo Yachts</a> 58.63-metre <a data-gid="gid://syiq/Yacht/13716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charley 358.63m (192'4&quot;)Echo Yachts2028">Project ASC58</a> catamaran. This milestone yacht will become the only sailing catamaran with this rig and the largest in the world.<a data-gid="gid://syiq/Yacht/13716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charley 358.63m (192'4&quot;)Echo Yachts2028"><img src="https://photo-assets.superyachttimes.com/photo/370390/image/large-7995a1c326ea45004fe91bc723642e02.png" data-gid="gid://syiq/Photo/370390"></a>The 58-metre yacht, designed by <a data-gid="gid://syiq/Company/230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dykstra Naval Architects (Company)">Dykstra Naval Architects</a> and <a data-gid="gid://syiq/Company/2130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One2Three (Company)">One2Three</a>, and being built by <a data-gid="gid://syiq/Company/4342" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Echo Yachts (Company)">Echo Yachts</a>, will introduce a new standard for performance and efficiency in large multihulls.&nbsp;Featuring two free-standing, rotating masts and a fully automated sail-handling system, <a data-gid="gid://syiq/Yacht/13716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charley 358.63m (192'4&quot;)Echo Yachts2028">ASC58</a>’s entire sail plan can be operated by a single person via a digital control panel.The rig is based on the proven DynaRig platform used on iconic superyachts such as <a data-gid="gid://syiq/Yacht/4795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Black Pearl106.7m (350'1&quot;)Oceanco2018">Black Pearl</a>, where 2,900 square-metres of sail area can be set in just seven minutes. With 1,660 square-metres of sail area, <a data-gid="gid://syiq/Yacht/13716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charley 358.63m (192'4&quot;)Echo Yachts2028">ASC58</a> will be able to cruise for extended distances while using wind power.“Kicking off production on <a data-gid="gid://syiq/Yacht/13716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charley 358.63m (192'4&quot;)Echo Yachts2028">ASC58</a> DynaRig is a huge moment for our team,” said Rudy Jurg, Head of DynaRig Sales at <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a>. “The world knows the DynaRig, but we’ve been developing it relentlessly, and we can’t wait to show what it can do. This is an exciting step towards fundamentally changing the way large vessels harness the wind.”The <a data-gid="gid://syiq/Yacht/13716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charley 358.63m (192'4&quot;)Echo Yachts2028">ASC58</a> yacht is among the first yachts set to showcase the new modular DynaRig within the next 18 months.<img src="https://photo-assets.superyachttimes.com/photo/333393/image/large-405f213c9b7af72f070a0785232d6ce1.png" data-gid="gid://syiq/Photo/333393">Currently, the moulds have reached <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spar</a>s' facility in Ustron, Poland. To make lightweight and strong spars for large vessels, the rigs will use a combination of carbon fibre reinforcements and precisely moulded components.&nbsp;In addition, <a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a>' sister company, North Windships, is developing rigs that scale from 1,000 square-metres Panamax models for ships over 70 metres length overall to three-rig configurations for ships over 200 metres. This concept is designed to reduce costs, simplify installation, and utilise wind propulsion as an option for a wide range of boats, from superyachts and cargo ships to cruise ships.The first vessel to launch with this new generation of DynaRig will be <a data-gid="gid://syiq/Company/7777" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Greenpeace Australia Pacific (Company)">Greenpeace</a>’s upcoming sailing ship, scheduled for an early 2027 debut.Photo courtesy of&nbsp;<a data-gid="gid://syiq/Company/2447" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Spars (Company)">Southern Spars</a>.&nbsp;

DynaRig for worlds largest sailing Catamaran ASC58 begins production

Production is underway on a twin-masted DynaRig for Project ASC58, set to be the world’s largest sailing catamaran and the only one with this rig.

Production underway for Echo Yachts 58m "world's largest sailing catamaran" ASC58

Behind Amels’ semi-custom success at the Damen Yachting yard

 We travelled to the Damen Yachting shipyard in Vlissingen to talk to the Amels team and visit the first two Amels 80 units in build.


Behind the Amels 80's semi-custom success with Damen Yachting

Enrico Chhibber and Fulvio Codecasa discuss the enduring legacy of family management and how it shapes the identity of Italy’s oldest shipyard to this day."The family identity of <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa Shipyards</a> is our strength," recounted Fulvio Codecasa, CEO of <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>, one of the oldest family-operated shipyards in Italy. Established in 1825 by Giovanni Battista Codecasa in Viareggio, the shipyard specialises in crafting steel and aluminium yachts ranging from 24 to 70-metres. Notable examples of <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> superyachts include the 65-metre <a data-gid="gid://syiq/Yacht/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Main65.0m (213'3&quot;)Codecasa S.p.A.2008">Maìn</a>, delivered in 2008, and the <a data-gid="gid://syiq/Yacht/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Regina D'Italia65.0m (213'3&quot;)Codecasa S.p.A.2019">Regina D’Italia</a>, delivered in 2019.<img src="https://photo-assets.superyachttimes.com/photo/341070/image/large-2c009f6c5492dad9c5f47d4b8097a8ce.jpg" data-gid="gid://syiq/Photo/341070">"Growing up within these walls, a simple glance is often all it takes for my family and me to communicate effectively amidst the complexities of our work,” elaborates Fulvio. &nbsp;hands-on approach &nbsp;defines <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>’s ethos, Fulvio explained, with that teamwork and open communication central to their operations. “When something doesn’t go smoothly, we find a solution by discussing it together,” he shared.<img src="https://photo-assets.superyachttimes.com/photo/34986/image/large-b096cf6bdc7e9589b47011093d45ea71.JPG" data-gid="gid://syiq/Photo/34986">A lifelong passionHe further described his personal commitment to the shipyard, saying, "I am always there, the first to arrive at the shipyard and the last to leave." Despite the demanding nature of the job, Fulvio finds the work deeply rewarding, adding, “It brings immense satisfaction.”This personal commitment is mirrored in his appreciation for his team. "Understanding and respecting every role within the team is crucial," Fulvio emphasised, reinforcing the bond that ties the workforce together. “I know and understand the work of my employees well,” he continued, highlighting the strong sense of community within the shipyard. "As I always say, we consider ourselves an extended family.”Reflecting on his lifelong involvement in the industry and with <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>, Fulvio shared his deep personal connection to each yacht. "All <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> yachts are like children to me," he confessed. However, he noted that if he had to choose one yacht that he feels most attached to and that best represents <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>'s craftsmanship, it would be the 65-metre superyacht <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> (formerly Family Day), a project he had long envisioned. "I wanted to create a unique superyacht with a strong personality, one that would evoke emotions in those who saw it. I believe I have succeeded," he stated.Fulvio expressed a particular fondness for the Vintage Line, established in 2011 to revive a timeless style, which continues to enjoy great success. He remarked, “It recalls the distinctive traits of historical yachts that have made nautical history, such as the legendary Paraggina owned by the Moratti family or the equally legendary Marlin, which belonged to the Kennedys.”<img src="https://photo-assets.superyachttimes.com/photo/290380/image/large-6837823be34a8e582e2b7ef4f1a9abc0.jpg" data-gid="gid://syiq/Photo/290380"><a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>&nbsp;custom yachts Each of <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>'s facilities is designed to accommodate the construction of a diverse array of yachts, a fact Fulvio emphasises when discussing their notable Open series. Fulvio specifically highlights the 49.9-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> superyacht, <a data-gid="gid://syiq/Yacht/4350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bon Vivant49.9m (163'9&quot;)Codecasa S.p.A.2013">Bon Vivant</a> (formerly Framura 3), and the smallest and most recent addition, the 24-metre <a data-gid="gid://syiq/Yacht/11562" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vero23.95m (78'7&quot;)Codecasa S.p.A.2024">Vero</a>, as being particularly distinctive within the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> production line because they are constructed entirely from aluminium.He explains the construction techniques and challenges associated with this choice: “Using aluminium not only enables the design and achievement of high speeds with absolute safety at sea for larger yachts like <a data-gid="gid://syiq/Yacht/4350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bon Vivant49.9m (163'9&quot;)Codecasa S.p.A.2013">Bon Vivant</a>, but it also presents unique challenges.” Fulvio adds, “For the smaller 24-metre <a data-gid="gid://syiq/Yacht/11562" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vero23.95m (78'7&quot;)Codecasa S.p.A.2024">Vero</a>, the major challenge lies in maintaining the essence and functionality of a true yacht within such compact dimensions.”<img src="https://photo-assets.superyachttimes.com/photo/108373/image/large-34a909638767a7119950915f48099889.jpg" data-gid="gid://syiq/Photo/108373"><a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> started with the construction of working sailboats and, over the past two centuries, have navigated numerous technological revolutions and turbulent periods within the Italian boating industry. "One of the main factors contributing to the shipyard’s longevity and success is our commitment to custom production," Fulvio shared. "Our yachts are built according to the client’s wishes, just like a bespoke tailored suit. This approach allows us to closely monitor every step of the construction process, ensuring that the yachts we deliver are not only beautiful but also unique, reliable, safe, and of the highest quality."Additionally, Fulvio highlighted that <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> regularly meets clients' needs for personal touches in furnishings and the desire for large, comfortable spaces that foster conviviality with family and guests, while also ensuring privacy onboard.Throughout his career, Fulvio has observed a shift in yacht ownership trends. In his view, &nbsp;today’s owners have become more discerning. “Those who approach us for the construction of their yacht do so because they appreciate our style and method of working, and because they understand that nothing is more important than having a sturdy and safe yacht,” he noted. <img src="https://photo-assets.superyachttimes.com/photo/341072/image/large-a97eb515de3444d261c8ecc39968704a.jpg" data-gid="gid://syiq/Photo/341072"><a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a>’s construction facilitiesAs one wanders around Viareggio, it's impossible to overlook the distinctly named <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> facilities. Inquiring into the significance of these names and the overall construction capacity, Fulvio pointed out that the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Tre and Ugo <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Shipyards, strategically located at the Viareggio dock, each cover an area of 7,000 square metres, 6,000 of which are permanently under cover. These facilities specialise in constructing yachts ranging from 40 to 90-metres in length, crafted from steel and aluminium. The <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> DR11 production site, also in Viareggio, near the Ugo <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> and <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Tre shipyards, spans 1,023 square metres, 745 of which are covered, and is dedicated to building yachts from 35 to 40-metres in length.Notably, the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">CodecasaDue</a> Shipyard, located in the historic Darsena on one of Viareggio port’s oldest quays, stands out. It designs and builds motor yachts in steel and aluminium, up to 35-metres long. Equipped with state-of-the-art facilities for refit operations on all types of vessels, it features a travel lift capable of hauling and launching vessels up to 220 tonnes, and provides comprehensive services for the secure storage of yachts up to 30-metres in its outdoor or covered areas within the shipyard.<img src="https://photo-assets.superyachttimes.com/photo/341071/image/large-bd31d479d00c149b21de5f16dfb76edb.jpg" data-gid="gid://syiq/Photo/341071">Finally, moving to Pisa’s Navicelli Dock, the group's most recent production site sprawls over 25,000 square metres, with 10,000 square metres covered and includes four identical sheds of 2,500 square metres each. This modern facility is designed to accommodate hulls and superstructures up to 80-metres long from the initial stages of construction.Looking ahead, Fulvio revealed that <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> is actively expanding its fleet with the construction of three yachts: a 33.5-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Classic Yacht scheduled for delivery in 2025; the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> F81, a 57-metre yacht also set for delivery in 2025; and the 58-metre <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> C128, with delivery planned for 2026.

Interview with Fulvio Codecasa

Enrico Chhibber and Fulvio Codecasa discuss the enduring legacy of family management and how it shapes the identity of Codecasa.

Codecasa CEO Fulvio Codecasa: “Family identity is our strength”

Onboard 50m Sanlorenzo superyacht Almax

Justin Ratcliffe sits down with Sanlorenzo Executive Chairman and owner Massimo Perotti to explore his 49.99-metre Sanlorenzo motor yacht Almax. 

Video: Onboard Sanlorenzo’s 50m methanol fuel-cell superyacht Almax

It’s not every day that one has the opportunity to visit shipyards in the Far East, especially in China. In June, the inaugural SuperYacht Times <a href="https://www.superyachttimes.com/events/asia-pacific-summit-2024-2024" rel="noopener noreferrer" target="_blank" title="">Asia-Pacific Summit</a> in Hong Kong provided a perfect occasion to explore regional shipyards and marinas. Recently, the Asia-Pacific region has been increasing its share in the construction of yachts over 30-metres in length.<img src="https://photo-assets.superyachttimes.com/photo/332002/image/large-fea235340d9ae4c2209734e97934a880.jpg" data-gid="gid://syiq/Photo/332002">During the summit, SuperYacht Times' Head of Intelligence, Ralph Dazert, presented the <a href="https://www.superyachttimes.com/market-reports/asia-pacific-superyacht-market-report-2024" rel="noopener noreferrer" target="_blank" title="">Asia-Pacific Market Report 2024</a>, which outlined this trend. According to the report, as of the beginning of 2024, builders from the Asia-Pacific region accounted for 509 out of the 5,787 operating yachts over 30-metres worldwide, representing a share of 8.8%. This positions the region as the third-largest superyacht construction area globally, following Europe (including Turkey) and North America. Moreover, over the past decade, the share of builders from the Asia-Pacific region has increased to 9.9%, with these builders delivering 159 out of the 1,604 yachts completed between 2014 and 2023. As a result, the region now ranks second after Europe, as the influence of North America has declined.SuperYacht Times Features writer Enrico Chhibber recently visited <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> at their facilities in Zhuhai, China, just before the commencement of the Summit. After a pick up in Hong Kong, Enrico met with Fiona Li, the head of marketing at <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a>, and was driven across the border towards Zhuhai.&nbsp;<a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)"><img src="https://photo-assets.superyachttimes.com/photo/332001/image/large-5cd01e6d8d238d387a69cdc8691186e9.jpg" data-gid="gid://syiq/Photo/332001">Cheoy Lee</a> is one of the oldest family-run shipyards in the Asia-Pacific region, with a storied history. Originally founded in 1870 by the Lo family in China, the company relocated to Hong Kong in the 1930s. While the company maintains its head office and a small repair yard in Kowloon, Hong Kong, it relocated its construction facilities from Penny’s Bay to Zhuhai, China, in 1996. Since then, the Penny’s Bay site has been transformed into what is now Hong Kong's Disneyland.<img src="https://photo-assets.superyachttimes.com/photo/220646/image/large-5477a925a390ad705be09ae7d33a0b6e.jpeg" data-gid="gid://syiq/Photo/220646"><a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> has constructed numerous innovative yachts and was one of the first shipyards in the region to use fibreglass, notably on the 39.78-metre motor yacht <a data-gid="gid://syiq/Yacht/3836" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nataly39.78m (130'6&quot;)Cheoy Lee1978">Nataly</a> (formerly Shango II), which was the largest fibreglass yacht ever built at the time of her construction in 1978. However, the yard's expertise extends beyond fibreglass; it also works extensively with steel and aluminium. Among the well-known superyachts constructed by <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> are the 46-metre <a data-gid="gid://syiq/Yacht/2621" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Avalon46.0m (150'11&quot;)Cheoy Lee2011">Avalon</a> and the 45-metre explorer yacht <a data-gid="gid://syiq/Yacht/2307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Limited Risks45.0m (147'8&quot;)Cheoy Lee2007">Limited Risks</a> (formerly Marco Polo).Upon our arrival at the shipyard, we were warmly greeted by Martin Lo, the Director, and his nephew, Hans Lo, the Deputy Director of <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a>. Hans represents the fifth generation of his family to work at the company. They escorted us to the main meeting room, where Martin shared his background in yachting. Born into a shipbuilding family, his career path seemed a natural progression. He emphasised the importance of a family-run shipyard to <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a>'s identity. <img src="https://photo-assets.superyachttimes.com/photo/247078/image/large-b55615fc33411404935e67ddb8b13459.jpg" data-gid="gid://syiq/Photo/247078">In late 2018, <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> underwent a strategic restructuring. The company's luxury production arm was rebranded as <a data-gid="gid://syiq/Company/6398" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CL Yachts (Company)">CL Yachts</a>, while larger custom builds continued under the <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> brand. <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> shipyards are focused on the production of commercial vessels, including offshore supply vessels, tugs, and ferries.Regarding the production ratio between commercial and pleasure yachts, Lo stated that at present it stands at 85% commercial projects and 15% pleasure craft. As for the yachts currently under construction, <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> has two explorer motor yachts in the pipeline: the 39.73-metre <a data-gid="gid://syiq/Yacht/10701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee 130 Explorer39.73m (130'4&quot;)Cheoy Lee2024">Cheoy Lee 130 Explorer</a> and the 32.76-metre Cheoy Lee 107. <img src="https://photo-assets.superyachttimes.com/photo/332003/image/large-040340f503dfd284944242680f218609.jpg" data-gid="gid://syiq/Photo/332003">Lo then explained that the city of Zhuhai and the surrounding area has developed into a hub for the production and refit of commercial vessels. Additionally, he mentioned that some local shipyards have recently started to venture into yacht construction.When asked about the state of the domestic yacht market, Lo explained that the majority of yachts built in China are intended for international markets. He specified that <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a>'s primary clientele has traditionally been in North America, with additional clients in Europe. In 2022, the company broadened its international footprint by appointing a dealer in Australasia, SE Asia, Hong Kong and Middle East. .<img src="https://photo-assets.superyachttimes.com/photo/182372/image/large-00a4e228745d20b66ec42741673de3d5.jpg" data-gid="gid://syiq/Photo/182372">As we commenced the tour of the facilities, we viewed several commercial projects along with the 39.73-metre <a data-gid="gid://syiq/Yacht/10701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee 130 Explorer39.73m (130'4&quot;)Cheoy Lee2024">Cheoy Lee 130</a>, currently under construction for a returning client. She has a steel hull and aluminium superstructure, and features exterior design and naval architecture by Overing Yacht Designs, while her interior was penned by <a data-gid="gid://syiq/Company/452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sylvia Bolton Design, Inc. (Company)">Sylvia Bolton Design</a>.&nbsp;During our tour onboard, it was evident to see Lo’s passion for yacht building and emphasis on quality. He shared that <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> had formed a partnership with Genesis, an Italian furniture company based in Tuscany, to supply parts for the yacht interiors. In addition, other interior furnishings are crafted in-house by <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a>'s woodworking department.<img src="https://photo-assets.superyachttimes.com/photo/247064/image/large-d25132daf95a579ec668159010f8d3c3.jpg" data-gid="gid://syiq/Photo/247064">As the tour progressed, Lo highlighted that <a data-gid="gid://syiq/Company/517" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cheoy Lee (Company)">Cheoy Lee</a> crafts most of its components in-house, and has embraced advanced manufacturing techniques with investments in 3D printing and other high-tech equipment to ensure precision and cost-efficiency.<img src="https://photo-assets.superyachttimes.com/photo/247069/image/large-cf9ef361c9f166266d69ac1a2ed15b13.jpg" data-gid="gid://syiq/Photo/247069">Upon concluding our yard tour, Hans Lo disclosed that although there are potential projects on the horizon, their immediate priority is to complete the existing yacht and commercial projects.This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" target="_blank">available for download here.</a>

At the shipyard with Cheoy Lee

Writer Enrico Chhibber took a tour of the Chinese shipyard Cheoy Lee to uncover some of the details of this storied shipyard.

Looking to the East: At the shipyard with Cheoy Lee

Video: Building Sirena Yachts’ first 42m superyacht

Discover how Sirena Yachts is building its first 42m superyacht, marking a new era in steel and aluminium luxury yacht production.

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has launched the 89-metre Project 828 <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a> from its Royal Van Lent shipyard in Amsterdam, the Netherlands.<img src="https://photo-assets.superyachttimes.com/photo/396324/image/large-d7c701ac79a9f785ee73706e82a68384.jpeg" data-gid="gid://syiq/Photo/396324">The custom superyacht features exterior design by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">Studio De Voogt</a>, with interiors by British design studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>. Technical support for the project was provided by OCCAM. <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Project 828</a> was sold in 2023 and has since remained under construction in the Netherlands.The launch follows an earlier construction milestone in May 2025, when the yacht was seen out of the shed for the first time as her hull was launched from the NMC hull fabrication facility in Nieuw-Lekkerland.<img src="https://photo-assets.superyachttimes.com/photo/396325/image/large-258dd0e051c8879b02bf26f5a2e5d236.jpeg" data-gid="gid://syiq/Photo/396325">According to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, <a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Project 828</a>’s purposely long bow was developed to optimise exterior deck spaces, pushing the yacht’s volume aft and creating a profile defined by strong horizontal lines, a striking vertical bow and long structural deck lines.<img src="https://photo-assets.superyachttimes.com/photo/396323/image/large-f71c6523299ec8b45784e401bab8b1b4.jpeg" data-gid="gid://syiq/Photo/396323"><a data-gid="gid://syiq/Yacht/12427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Milky Way89.0m (291'12&quot;)Feadship2026">Milky Way</a>'s interior, designed by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, has been developed to complement the exterior, with soft, flowing lines intended to create a cohesive spatial experience throughout the guest and owner areas.

89m Feadship project 828 Milky Way launched in Amsterdam

The 89m Feadship superyacht Feadship 828, Project Milky Way,  has been launched. 

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<a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering Yachts</a> has unveiled the interior concept for its 33-metre explorer yacht <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering</a> 110, developed in collaboration with <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>. The reveal offers a first look inside the model, with the first hull currently under construction.<img src="https://photo-assets.superyachttimes.com/photo/372249/image/large-9ffc2bdc420009249ec1e58cf2df10ec.jpg" data-gid="gid://syiq/Photo/372249">Conceived as a crossover yacht, the <a data-gid="gid://syiq/Yacht/16391" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering 110/0133.3m (109'3&quot;)Bering Yachts2027">Bering 110</a> aims to combine explorer yacht capabilities with the volume and comfort more commonly associated with larger vessels. While her steel hull and projected range of more than 5,000 nautical miles highlight her exploration credentials, her interior design takes a more restrained direction.<img src="https://photo-assets.superyachttimes.com/photo/396259/image/large-f625f19ab89d937510477f384352590f.jpg" data-gid="gid://syiq/Photo/396259"><img src="https://photo-assets.superyachttimes.com/photo/396260/image/large-a2b92ec224adb00b9d7dd82abc89d6e7.jpg" data-gid="gid://syiq/Photo/396260">According to <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a>, the model’s interiors draw inspiration from Far Eastern principles of simplicity, balance and precision. The main saloon has been conceived as a continuous living space where the lounge, dining area and window seating flow naturally into one another. <img src="https://photo-assets.superyachttimes.com/photo/396261/image/large-cc4e5a6cd3ef0e8648071aa84ed8aa4c.jpg" data-gid="gid://syiq/Photo/396261">Warm wood panelling, soft neutral tones, raw marble surfaces and placed burgundy accents are meticulously layered, while a curved sofa serves as the focal point of the lounge. <img src="https://photo-assets.superyachttimes.com/photo/396263/image/large-0399d48b166deffd4f40f4913f613896.jpg" data-gid="gid://syiq/Photo/396263">Moreover, textured stone and bronze-toned detailing are combined with carefully layered lighting, while a sculptural staircase frames her darker finishes.<img src="https://photo-assets.superyachttimes.com/photo/396262/image/large-ce40fe1687e59360a3005f217a6e43f4.jpg" data-gid="gid://syiq/Photo/396262" 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);"><img src="https://photo-assets.superyachttimes.com/photo/396270/image/large-ad0ab9b178534091e4385f873d3d1d9c.jpg" data-gid="gid://syiq/Photo/396270">Full-height wooden windows let in abundant natural light and the surrounding sea views. Cana Gokhan of <a data-gid="gid://syiq/Company/4720" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Yacht Design (Company)">Red Yacht Design</a> further remarks,“The details are clean and deliberate, with subtle nods to the discipline of calligraphy.” <img src="https://photo-assets.superyachttimes.com/photo/396266/image/large-e4501624263e2141f062a608fa7b3791.jpg" data-gid="gid://syiq/Photo/396266">Her interiors are imagined as a space where guests can genuinely unwind. Rather than displaying traditional superyacht opulence, the yacht’s design prioritises stillness, comfort and liveability.<img src="https://photo-assets.superyachttimes.com/photo/396267/image/large-b4c50c8988ec45e5ee044bbec49a62ac.jpg" data-gid="gid://syiq/Photo/396267" 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/396264/image/large-8b953afd3227d4243379a0203dd395a2.jpg" data-gid="gid://syiq/Photo/396264">The layout remains closely aligned with <a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">Bering</a>'s explorer identity. Her asymmetrical main saloon benefits from generous width and circulation. The owner's suite, additional guest accommodations and crew areas have been configured for extended stays onboard.<img src="https://photo-assets.superyachttimes.com/photo/396269/image/large-0acb9673d1b760945dfd2d9b0b56ca8f.jpg" data-gid="gid://syiq/Photo/396269" 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;">&nbsp;Dedicated storage with ample space for necessary supplies and equipment have also been incorporated to support long-range cruising and self-sufficiency at sea.<img src="https://photo-assets.superyachttimes.com/photo/396268/image/large-ab189de88814a2399080943d53faafd3.jpg" data-gid="gid://syiq/Photo/396268" 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/396265/image/large-9161f81cc4dbee429d677289fd44aba4.jpg" data-gid="gid://syiq/Photo/396265">The <a data-gid="gid://syiq/Yacht/16391" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering 110/0133.3m (109'3&quot;)Bering Yachts2027">Bering 110</a> forms part of the shipyard's growing Superyacht Division, with additional interior details expected to be revealed as the project progresses. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>,<a data-gid="gid://syiq/Company/4385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering Yachts (Company)">&nbsp;Bering</a> has several yachts in-build including the 49.68-metre Bering 165 yacht, and the first hull of <a data-gid="gid://syiq/Yacht/16391" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bering 110/0133.3m (109'3&quot;)Bering Yachts2027">Bering 110</a>.&nbsp;

 Bering unveils interior concept for in-build 33m explorer yacht Bering 110

Bering has unveiled the interior concept for its in-build 33-metre explorer yacht Bering 110, developed in collaboration with Red Yacht Design. 


<a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a> has announced that the keel of the third 43.7-metre <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht has been laid from the shipyard in Ancona, Italy, marking the start of her construction. <img src="https://photo-assets.superyachttimes.com/photo/396273/image/large-966918cdfe1cdf289affc294bd4fded0.jpg" data-gid="gid://syiq/Photo/396273">The sale of the third displacement yacht was announced in April 2026 to a client from the United States, with delivery scheduled for 2029. Developed by <a data-gid="gid://syiq/Company/1197" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Team for Design - Enrico Gobbi (Company)">Enrico Gobbi of TEAM for Design</a> in collaboration with the shipyard’s technical department, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht features a steel hull and aluminium superstructure.&nbsp;Distinguished by fluid, perfectly balanced lines that create a sleek silhouette, the ISA Unica 45M yacht combines generous interior volume with extended outdoor spaces and large glazed sections.Read:&nbsp;<a data-gid="gid://syiq/Article/65857" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Third ISA UNICA 45M Steel superyacht sold with 2029 delivery date (2026-04-14 20:30:00 +0200)">Third ISA UNICA 45M Steel superyacht sold with 2029 delivery date</a><img src="https://photo-assets.superyachttimes.com/photo/396272/image/large-8336c72513a1f53dfad504c1679588b9.jpg" data-gid="gid://syiq/Photo/396272">Spanning 430 GT, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht can accommodate up to 12 guests across a six stateroom configuration, with her owner’s suite positioned aft on the upper deck. The suite includes a private lounge, desk area, walk-in wardrobe and ensuite bathroom.Further guest accommodation includes a VIP suite on the main deck with large side windows, a walk-in wardrobe and an ensuite with a separate shower, while the remaining guest accommodation can be found on the lower deck, comprising two further VIP suites and two twin suites.&nbsp;Moving outside, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht boasts a stern layout spanning three levels. Descending towards the water, the space includes sunpads, a pool and an infinity cockpit, all of which are enclosed by a glass balustrade.<img src="https://photo-assets.superyachttimes.com/photo/396271/image/large-796abe1179971e5145e9e562c63fbc12.jpg" data-gid="gid://syiq/Photo/396271">Her main deck includes a gym, while dining spaces will be arranged both indoors on the main deck and outside on the upper deck, each accommodating up to 12 guests for formal dinners.Other key features include her upper deck which features a forward lounge and sunpad area, while her 16-metre fly deck incorporates additional lounging and dining spaces, a bar and a circular Jacuzzi.In terms of performance, the <a data-gid="gid://syiq/Yacht/17023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Unica 45M/0343.7m (143'4&quot;)ISA Yachts2029">ISA Unica 45M</a> yacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, giving her a top speed of 15 knots and a cruising speed of 14 knots.

Keel of third ISA Unica 45m yacht laid

ISA Yachts has announced that the keel of the third 43.7-metre ISA Unica 45M yacht has been laid from the shipyard in Ancona, Italy.

Third ISA Unica 45M motor yacht keel laid

Dutch design studio <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a> has revealed new renderings of in-build 69-metre sailing yacht <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> ahead of her launch this summer, offering a closer look at her design philosophy, custom interiors, and renewable energy systems.<img src="https://photo-assets.superyachttimes.com/photo/396254/image/large-94d02d1ae28bc065a048800a6e2d96e3.png" data-gid="gid://syiq/Photo/396254">Developed in collaboration with <a data-gid="gid://syiq/Company/230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dykstra Naval Architects (Company)">Dykstra Naval Architects</a>, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> has spent six years in development. Rather than purely focusing on reducing energy consumption, the yacht is reported to be the first of her class to be designed around energy generation. This radical approach allows the yacht to run for up to two weeks on purely renewable sources, without relying on fossil fuels.<img src="https://photo-assets.superyachttimes.com/photo/396253/image/large-7447c42b77f8a8f7bc690af39433370f.jpg" data-gid="gid://syiq/Photo/396253"><a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> has been designed to honour the owners' appreciation for traditional sailing yachts while introducing a host of bespoke design solutions. Outside, custom elements can be found throughout, from the spoon bow and matte-finished deck hardware to the sculpted stern cap and hand-painted transom finished in a wood-effect treatment. Her notable metallic blue hull is further distinguished by a feather-inspired boot stripe, a reference to the black-browed albatross that served as a major inspiration for her design.<img src="https://photo-assets.superyachttimes.com/photo/396256/image/large-a8857968400b95119871dc187c9832f9.png" data-gid="gid://syiq/Photo/396256">Looking inside, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> embraces a holistic interior concept centred on natural materials, craftsmanship and owner-focused living. <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>’s interior rejects highly polished finishes in favour of tactile textures and organic materials to embody nature. Smoked European oak, reclaimed bark-based materials, leathered stone and hand-selected veneers are featured prominently throughout. Natural knots, cracks and grain variations have been deliberately preserved rather than concealed.<img src="https://photo-assets.superyachttimes.com/photo/396255/image/large-213cb67058fc8448969608065d402377.png" data-gid="gid://syiq/Photo/396255">A unifying design language runs throughout the entire yacht. The designers have employed curved architectural forms, shaping joinery, furniture, structural glazing, and lighting. They further remark that all elements either begin or end in a full radius, creating a sense of continuity between the spaces.The owners' choices can be seen throughout <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a>’s design. Her main saloon features a flexible dining table designed to double as a puzzle and craft table, reflecting the owners' hobbies during extended periods onboard. Elsewhere, modular cockpit furniture can be swiftly reconfigured into either lounge or dining arrangements. Meanwhile, electrically operated cockpit windows enable guests to enclose exterior spaces at the touch of a button.<img src="https://photo-assets.superyachttimes.com/photo/396257/image/large-90f1c0052c3eb53d6f1ebf5adf3d6cce.png" data-gid="gid://syiq/Photo/396257">Accommodation onboard includes four staterooms. Each stateroom is personalised around places of significance to the owners, all taking inspiration from destinations from Italy to French Polynesia. The owner’s suite is arranged around the mizzen mast, which has been wrapped in a bespoke artwork by American sculptor Sienna Martz. Moreover, this area benefits from a dedicated study to support long periods of working remotely while cruising.Further customisation extends behind the scenes, where the traditional full-beam engine room has been eliminated to make room for a concealed service corridor, enabling the crew to move discreetly throughout the yacht while maintaining guest privacy.According to <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack</a>, the yacht combines hydro-generation through regenerative turbine propellers with more than 100-square-metres of photovoltaic thermal panels integrated into her biminis. These panels generate electrical and thermal energy to power onboard systems, heating and cooling.<img src="https://photo-assets.superyachttimes.com/photo/396258/image/large-478db106ff098d1896050a1003af3d87.jpg" data-gid="gid://syiq/Photo/396258">The yacht's sailing performance has also been refined thanks to a collaboration with Emirates Team New Zealand. Through advanced computational fluid dynamics testing, they developed a distinctive topside curvature that reportedly improves sailing speed by 2.5 percent while simultaneously increasing the vessel's electric power generation by approximately eight percent.Currently under construction at <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a>, <a data-gid="gid://syiq/Yacht/12410" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Zero68.85m (225'11&quot;)Vitters Shipyard2026">Project Zero</a> is scheduled for launch in summer 2026.

First look: Vripack unveils interior concept of 69m ‘fossil-free’ sailing yacht Project Zero 

Interior concept of 69m sailing yacht Zero, an all-electric project by Vripack and Dykstra Naval Architects currently under construction at Vitters.

Recently spotted anchored off St Tropez by the SuperYacht Times team the 96-metre superyacht <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> remains the largest modern private superyacht ever built in the United Kingdom. Constructed by <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> in Plymouth and delivered in 2012, SuperYacht Times takes a look at 10 things you didn’t know about the <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> flagship.<img src="https://photo-assets.superyachttimes.com/photo/395647/image/large-c8c0480475b32d2822ac3b4050fd16cb.jpg" data-gid="gid://syiq/Photo/395647">1. She has been under the same ownership since deliveryCommissioned in 2007 by a Swiss-Italian family and delivered in 2012, <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> has remained within the family’s ownership for over a decade. Known as the former Project-55, she was launched on 10 September 2011 and christened <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>, with her sea trials commencing in October 2011.<img src="https://photo-assets.superyachttimes.com/photo/395636/image/large-784dda4f94be2bf21fab944a36c68946.jpg" data-gid="gid://syiq/Photo/395636">2. She was built at a former naval shipyardFounded in 1989, by the Babcock International Group, <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> was based in Plymouth, Devon and was part of a tradition of boat building at the Devonport Royal Docks, which have been building and supporting The British Royal Navy for over three hundred years. Blending military-grade engineering with superyacht luxury, <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> put the UK on the map for large motor yacht designs. On 23 February 2010, <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport Yachts</a> was acquired by <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>, with the two companies joining forces to expand the offering at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a>’ base in Falmouth.<img src="https://photo-assets.superyachttimes.com/photo/395648/image/large-5c060da19ac4dc275b02e1e9083a83ba.jpg" data-gid="gid://syiq/Photo/395648">3. The owner gifted his last superyacht to his motherThe name Vava has been used by the family on previous yachts, with <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> succeeding an earlier vessel bearing the same name. The previous 47.3-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/1064" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vava47.3m (155'2&quot;)Feadship1996">Vava</a> was delivered in 1996, with the brief that her owner should enjoy the most peaceful long-distance cruising possible. The yacht was allegedly gifted to his mother when <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>I was delivered. <img src="https://photo-assets.superyachttimes.com/photo/395638/image/large-690e352299b20df7f4a808579a964981.jpg" data-gid="gid://syiq/Photo/395638">4. Her owner won sailing's most famous trophyHer Swiss-Italian owner who as well as being listed as one of the top 100 wealthiest people in the world by Forbes magazine in 2013, is also a keen yachtsman and sailor. After founding the yachting syndicate Team Alinghi in 2000, her owner entered and won the renowned America’s Cup in 2003, bringing the Cup to Europe for the first time.<img src="https://photo-assets.superyachttimes.com/photo/395644/image/large-8e6e948f928e48edf31db24a2923fcf6.jpg" data-gid="gid://syiq/Photo/395644">5. Her designers fought off competition to be chosen&nbsp;<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> features exterior design by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, while her interior was penned by <a data-gid="gid://syiq/Company/533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rémi Tessier (Company)">Rémi Tessier</a>, with naval architecture by her builder Devonport. In an interview with SuperYacht Times in 2016, <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> Founder Justin Redman explained that it was an incredible opportunity to win the commission over other designers. “We felt we won it because we developed not only a very unique looking profile for her owner, but one which incorporated key influences which he had brought to the table from sailboat racing,” he explained.&nbsp;You can read the full interview <a data-gid="gid://syiq/Article/46674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: A behind-the-scenes look at Redman Whitely Dixon (2016-03-08 12:00:00 +0100)">here</a>. <img src="https://photo-assets.superyachttimes.com/photo/395643/image/large-c90cf5553c0191d6762a7293bea6cb81.jpg" data-gid="gid://syiq/Photo/395643">6. She can accommodate a high number of guestsBuilt to SOLAS-36 passenger ship standards, <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> set a new standard in the charter market for 2012 following her delivery. <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> can comfortably accommodate up to 36 guests across an impressive 18 staterooms. Her master suite boasts an open-plan layout, while her full-beam VIP suite rivals other luxury yachts. She can also sleep a crew of 34. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/395633/image/large-d1c97626edc7f61f7ed6e51652d62cfb.jpg" data-gid="gid://syiq/Photo/395633">7. She features one of the largest beach clubs of her generationWhen <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> was launched, expansive beach clubs were still relatively uncommon on large yachts. <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> boasted a substantial waterside leisure area that helped set the standard for the indoor-outdoor lifestyle spaces that have since become commonplace across the superyacht sector. Other key features include an aft deck swimming pool, a main deck saloon with a sliding glass wall and a helideck, which was recently spotted with an Airbus H125 landing onboard. <img src="https://photo-assets.superyachttimes.com/photo/395637/image/large-45075d272b12450df93265d130e80084.jpg" data-gid="gid://syiq/Photo/395637">8. She has participated in scientific missions Although often spotted in the Mediterranean, <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> was designed with global exploration in mind. She has been deployed for three research expeditions by scientists from the Zoological Society of London (ZSL) and other research universities from around the world. Her substantial fuel capacity, advanced engineering systems and robust construction allow her to undertake extended voyages far beyond the traditional summer cruising grounds frequented by many large yachts. Over the years she has travelled as far as Antarctica and Polynesia and has participated in scientific missions in the Indian Ocean.<img src="https://photo-assets.superyachttimes.com/photo/395645/image/large-9a7d3fd9d75bd6b12e895fb6df0b9175.jpg" data-gid="gid://syiq/Photo/395645">9. She helped put British superyacht construction back in the spotlightThe delivery of <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> attracted significant international attention and demonstrated that Britain could still compete in the upper size segments of superyacht construction. More than a decade later, she remains a lasting symbol of British engineering, design and craftsmanship.<img src="https://photo-assets.superyachttimes.com/photo/395639/image/large-ce7d1bb5e1194e11f710c58e1226e024.jpg" data-gid="gid://syiq/Photo/395639">10. She remains the largest modern superyacht built in the UK<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> still remains the largest modern superyacht ever constructed in the UK. The second largest modern superyacht is the 82-metre <a data-gid="gid://syiq/Company/96" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Devonport (Company)">Devonport</a> yacht <a data-gid="gid://syiq/Yacht/307" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pure82.0m (269'0&quot;)Devonport2008">Pure</a>, which was launched in 2008 and recently underwent an extensive refit at the <a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a> facility in Genova Italy.

UK’s largest modern superyacht Vava II

SuperYacht Times takes a look at 10 things you didn’t know about the Devonport flagship, Vava II. 

Vava II: 10 things you didn't know about the UK's largest superyacht

<a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting&nbsp;</a>has announced that the 60.2-metre Xplorer 60 yacht <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> and her 53.25-metre support vessel <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a> have departed the builder's main shipyard in Vlissingen, the Netherlands. This departure follows a period of refit, service and optimisation works. According to AIS data, both vessels are currently en route to Reykjavik, Iceland.<img src="https://photo-assets.superyachttimes.com/photo/396232/image/large-abd42b77a1b431f487ab944294f2e03e.jpeg" data-gid="gid://syiq/Photo/396232">The yard commented the works were customised to the owner's specific operational needs while preparing the fleet for extensive cruising and exploration in remote regions.Delivered in 2025, both vessels were conceived for long-range autonomy and expedition-style cruising. The pair were acquired by the same owner through <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, who oversaw their integration into a single exploration-focused fleet.<img src="https://photo-assets.superyachttimes.com/photo/396229/image/large-f729916d9bf110968c318dc15a60c062.jpeg" data-gid="gid://syiq/Photo/396229"><a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> features naval architecture developed in-house by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, with exterior design by <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a> and interiors by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>. Her onboard amenities include a wellness deck equipped with a Jacuzzi, bar and sauna, a convertible tender hangar that transforms into a lounge and karaoke bar, and a forward observation lounge designed for wildlife and weather watching.<img src="https://photo-assets.superyachttimes.com/photo/396230/image/large-5aa256db87522afed8b9fe78dbef7a37.jpeg" data-gid="gid://syiq/Photo/396230">Meanwhile, <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a> was designed inside and out by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. The support vessel carries a range of expedition equipment, including tenders, a submarine and watersports gear. This allows the mothership to remain dedicated to guest accommodation and entertainment.In terms of performance, both yachts are powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines. <a data-gid="gid://syiq/Yacht/11078" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="After You60.2m (197'6&quot;)Damen Yachting2025">After You</a> has a cruising speed of 11.5 knots and a top speed of 14.5 knots, while <a data-gid="gid://syiq/Yacht/12677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emotional53.25m (174'8&quot;)Damen Yachting2025">Emotional</a> cruises at 12 knots and can reach a maximum speed of 19 knots. Together, the two vessels provide the capabilities of a much larger expedition yacht while retaining the flexibility and operational advantages of a dual-vessel setup.<img src="https://photo-assets.superyachttimes.com/photo/396231/image/large-b80cda5f786823cbca02643d696ec9a9.jpeg" data-gid="gid://syiq/Photo/396231">“It is always rewarding to welcome our yachts back to Vlissingen,” said Head of Refit &amp; Services at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> Michel Coens. “Their return reflects the trust placed in our team, our facilities and the way we work together with the Owner’s team, the Crew and our own specialists. Seeing After You and Emotional depart again ready for their next journey is something we can be proud of.”&nbsp;Photos provided courtesy of <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>.

After You and Emotional depart Damen Yachting following refit

The 60.2-metre Xplorer 60 yacht After You and her 53.25-metre support vessel Emotional have departed the builder's main shipyard in Vlissingen.


Xplorer 60 yacht After You and support vessel Emotional depart Damen Yachting after refit

For owner Paul Andrews, the search for the right yacht was a journey that spanned more than a decade. However, when he first came across the 25.6-metre <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a> sailing yacht <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> online, something about her caught his attention. <img src="https://photo-assets.superyachttimes.com/photo/394762/image/large-d54e9461baa90d5794ad964df495e456.jpg" data-gid="gid://syiq/Photo/394762">“I first saw her in a video while I was searching for yachts,” he explained. “She was located in Thailand at the time, which was quite literally on the other side of the world from me, but her presence immediately stood out.”<img src="https://photo-assets.superyachttimes.com/photo/394534/image/large-bfddc47ecaf6a83efc8300953b5b19d9.jpg" data-gid="gid://syiq/Photo/394534">Originally launched in 1967, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> was the largest aluminium hulled sailing yacht in the world when she first hit the water. Built as a classic world cruising yacht, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> had circumnavigated the world three times, with voyages to the Antarctic and Arctic regions when she entered the market in 2022. <img src="https://photo-assets.superyachttimes.com/photo/394541/image/large-c96b4ebc0ab5a9453459421e627799d7.jpg" data-gid="gid://syiq/Photo/394541">“The beam, the proportions and the sheer character of the yacht caught my attention straight away,” recalled Andrews. “I wasn’t specifically searching for a <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a>, but when she was built, she was engineered to a commercial, almost military-grade standard and built to navy specs, which gave her a genuine pedigree, strength and a fascinating story behind her.” <img src="https://photo-assets.superyachttimes.com/photo/394543/image/large-0b87ef55ef9559c3dc95e76eca2db6c7.jpg" data-gid="gid://syiq/Photo/394543">However, when Andrews finally travelled to Thailand to inspect the yacht in person, the initial impression was far from ideal. “It was raining heavily and she looked tired and neglected.” But returning the following day to see the yacht in clear conditions revealed a completely different vessel. “Her lines were beautiful and the potential became obvious. She simply needed vision and attention.”<img src="https://photo-assets.superyachttimes.com/photo/394544/image/large-f191bd60c4deb3732c009830efb76fc3.jpg" data-gid="gid://syiq/Photo/394544">In 2015 under the ownership of her previous owners, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> had started a refit programme spanning more than $1 million, which lasted five years and saw her receive a full teak interior refit. “It was clear that previous owners had already invested heavily in the yacht,” added Andrews. “The teak interior joinery was exceptional and the hull structure was sound. However, the layout did not fully make use of the yacht’s size.”<img src="https://photo-assets.superyachttimes.com/photo/394540/image/large-3bd64f4dfb231598384875f28fc57a05.jpg" data-gid="gid://syiq/Photo/394540">With the help of Martin Holmes and his team at <a data-gid="gid://syiq/Company/2262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lee Marine International Brokerage (Company)">Lee Marine</a>, Andrews took a boat from Langkawi, Malaysia where he purchased <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> and started the process of refitting her in Phuket. “My vision was always to maximise the yacht without taking away the character that makes Firebird special,” he explained. <img src="https://photo-assets.superyachttimes.com/photo/394689/image/large-066bcffa01ddea4816fadbefefba6fb6.jpg" data-gid="gid://syiq/Photo/394689">“Rather than remove that character, the refit focused on respecting the craftsmanship already onboard, while improving the functionality and layout for modern cruising. So the very first thing I wanted to do was lay a completely new teak deck.”<img src="https://photo-assets.superyachttimes.com/photo/394684/image/large-59c92dfa1c2c4dfaf499558c82520e13.jpg" data-gid="gid://syiq/Photo/394684">The refit saw beautifully laid teak installed throughout, which instantly transformed her appearance and the feeling underfoot. From here, Andrews had a large swim platform and gangway at the stern installed for easy access, as well as an alfresco dining area for 12, with a large three-metre teak L-shaped sofa added and a circular seating area for eight at her stern.<img src="https://photo-assets.superyachttimes.com/photo/394683/image/large-ccd9dbe381bbc98da19e89f67500eafb.jpg" data-gid="gid://syiq/Photo/394683">Additional work saw her saloon and guest staterooms reworked to create a larger and more comfortable interior, while technical works included the installation of a new <a data-gid="gid://syiq/Company/4062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Raymarine UK Ltd (Company)">Raymarine</a> navigation suite, electric furling systems and the recommissioning of her <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engine and generators.<img src="https://photo-assets.superyachttimes.com/photo/394537/image/large-a9744df0db0cb9126710320c8ad8f685.jpg" data-gid="gid://syiq/Photo/394537">&nbsp;“I was involved in every stage of the project!” beamed Andrews. “Working alongside skilled craftsmen in Thailand allowed the ideas I had for the yacht to be executed properly.”<img src="https://photo-assets.superyachttimes.com/photo/394682/image/large-6c7c43f1ab3dc6151b36ef4b9e0c6d90.jpg" data-gid="gid://syiq/Photo/394682">“The region has an impressive concentration of marine specialists including riggers, carpenters, sailmakers and marine engineers. The quality of teak craftsmanship in Thailand is also exceptional and the cost of skilled labour is significantly lower than in many other parts of the world. By chance I also discovered a local boat carpenter whose family had been building boats in the region for generations. His team worked tirelessly and played a crucial role in transforming the yacht.”<img src="https://photo-assets.superyachttimes.com/photo/394536/image/large-a684c5dbb17405c08f59b474c49fe63e.jpg" data-gid="gid://syiq/Photo/394536">A large portion of the refit work was carried out at Premier Superyacht Shipyard near <a data-gid="gid://syiq/Company/3209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Haven Marina (Company)">Yacht Haven Marina</a> in Phuket. The yard operates an 890-tonne travel lift and regularly handles vessels significantly larger than <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a>, so during her haul-out, hull works, repainting, mechanical servicing and installation of the bow thruster were completed at the yard. <img src="https://photo-assets.superyachttimes.com/photo/394535/image/large-fe228dc87c3eb4c006007450d0644190.jpg" data-gid="gid://syiq/Photo/394535">The refit started almost immediately after Andrews had stepped onboard and he remained involved throughout the process. “After studying the layout of an <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> 85, I realised it might be possible to alter the companionway arrangement and open access to unused space within the yacht. By cutting through the bulkhead at the end of the galley we created a new passageway that allowed an entirely new guest stateroom to be built.”<img src="https://photo-assets.superyachttimes.com/photo/394687/image/large-2e193db0a4b19958ca9e5ecb0fbbb3b1.jpg" data-gid="gid://syiq/Photo/394687">The result allowed for unused areas to be converted into additional guest accommodation, while maintaining the logical flow through her companionway and saloon areas. Thanks to this, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> is now able to comfortably accommodate up to 13 guests, while still feeling spacious. <img src="https://photo-assets.superyachttimes.com/photo/394691/image/large-d359643ead180961dcf469e992df6a3a.jpg" data-gid="gid://syiq/Photo/394691">“The onboard experience is exceptional now! <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> is incredibly comfortable and she has become a wonderful place to spend time. I have several comfortable homes on land, but I genuinely did not expect living aboard a yacht to feel this enjoyable.”<img src="https://photo-assets.superyachttimes.com/photo/394775/image/large-19d12ff20ebf8798893858104887e523.jpg" data-gid="gid://syiq/Photo/394775">From a technical standpoint the most important upgrade was the installation of a Max Power bow thruster. At 71 tonnes, <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> is not a small yacht and the thruster significantly improved manoeuvrability for docking. Paired with electric furling systems, her sails can now be easily controlled from the cockpit, &nbsp;which means the yacht can be sailed comfortably by a small crew. “Together with the bow thruster and upgraded navigation systems, the yacht is now far easier and safer to operate,” added Andrews.<img src="https://photo-assets.superyachttimes.com/photo/394782/image/large-7d015b051a954c975849eb73b943caa0.jpg" data-gid="gid://syiq/Photo/394782">Currently available for charter, Andrews noted that there had already been interest from charter clients in the Seychelles and the Maldives. “It would feel rather selfish to keep such a yacht entirely to myself! Our goal is to have her operating in the Greek islands by 2027.”<img src="https://photo-assets.superyachttimes.com/photo/394781/image/large-71d773016ba60ca5be3610663cfc2a04.jpg" data-gid="gid://syiq/Photo/394781">The refit took approximately 18 months to complete, with the project bringing the yacht a new lease of life. “I have restored historic buildings and classic cars before, but <a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> has been the most rewarding project of them all! Working on her felt almost like giving a living vessel a new chapter in her life. I feel incredibly privileged to have been part of that transformation.”<img src="https://photo-assets.superyachttimes.com/photo/394773/image/large-89483fb30e91ef0842117ed871bea925.jpg" data-gid="gid://syiq/Photo/394773">“<a data-gid="gid://syiq/Yacht/12413" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Firebird25.6m (83'12&quot;)Palmer Johnson Yachts1967">Firebird</a> has had an extraordinary life with many different owners over the decades, with each leaving their own mark on the vessel,” concluded Andrews. “If I had to describe her in just a few words, I would say she is an iconic, unique superyacht and I hope she continues to bring joy to many future owners and guests.”<img src="https://photo-assets.superyachttimes.com/photo/394763/image/large-26cc3acdb14ea54697eb754a850e1393.jpg" data-gid="gid://syiq/Photo/394763">

Firebird: 26m Palmer Johnson yacht refit

Inside the 18-month Thai refit that transformed the 26m Palmer Johnson sailing yacht Firebird into a modern cruising yacht.

Firebird reborn: Behind the Thai refit of a classic 26m yacht

Superyachts have become a floating home for many of its new-age owners, and it is precisely this that has motivated <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>’ design for the Squalo 100. The brief for both the exterior and interior design was to create a yacht that feels right to live on, emotionally, physically and sensorially. From the layout to the engineering behind the walls was approached through the lens of human experience, rather than mere aesthetics. <img src="https://photo-assets.superyachttimes.com/photo/395777/image/large-3128f701f247e9a823704b469af76762.jpg" data-gid="gid://syiq/Photo/395777">Intimacy, comfort &amp; balanceFor <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>, luxury is deeply connected to proportion, intimacy and comfort: “a yacht can feature the finest materials and highest quality finishes, but if the spaces feel too tight, disconnected or uncomfortable, the emotional experience aboard is lost” says Roberto Aboumrad, the founder and CEO of <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Yachts</a>.Hence, true onboard luxury is not measured by excess or scale alone, but by understanding the emotional relationship between people and space. If seating arrangements are too close together or too far apart, it can obstruct the way onboard guests interact with one another. “True comfort comes from finding that human balance of space.”<img src="https://photo-assets.superyachttimes.com/photo/395771/image/large-de41a280b3ab03c380c47ca7096655df.jpg" data-gid="gid://syiq/Photo/395771">For Roberto, that comfort starts with the shape of the hull. Rather than pursuing narrow planning hulls, which are optimised for going fast, <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> decided on a semi-displacement hull. “These hulls are designed for liveability, efficiency and comfort. There is more interior volume, while simultaneously cruising at speeds it was designed to (i.e. 10-14 knots).”Cruising at the speed that the yacht was designed to do, also ensures high fuel efficiency and long range cruising, which sits in line with <a data-gid="gid://syiq/YachtModel/12554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Squalo 10030.02m (98'6&quot;)">Alpha</a>’s approach towards sustainability. “There’s a misconception in today’s market that, by adding more electronics and gadgets, you automatically create a better boat,” yet often the opposite is true. “The more complicated you make a vessel, the more things you create that require maintenance.” <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> instead focuses on “creating systems that are durable, intuitive and reliable for long-term ownership.”<img src="https://photo-assets.superyachttimes.com/photo/395758/image/large-1424f9925cdca3c1115877f949e5d9c4.jpg" data-gid="gid://syiq/Photo/395758">While keeping the number of gadgets to a minimum, technology does play a crucial role in any <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yacht</a>s vessel. “Technology is extremely important for us,” shares Roberto, “but for us technology means simplification.” Making elements more simple and functional makes for happy yacht owners. “It’s a mentality that extends directly into the crew’s workflow and maintainability. A happy crew creates a happy yacht.” With that same thought, the yard has placed enormous importance on crew accommodations and facilities: “the crew lives onboard year-round - it is important they are comfortable and happy.”&nbsp;Especially the galley is a space of pride for Roberto, “we have an incredibly large galley,” he continues, “the space has a centre island, industrial refrigerators, freezers and extraction hoods, a Hoshizaki ice maker capable of producing 90 kilos of crystal clear ice per day.” For <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>, Roberto emphasises, “the galley is one of the most important areas onboard; it directly impacts everyday life.”<img src="https://photo-assets.superyachttimes.com/photo/395781/image/large-eca123327394f5b4dce944d6d68412a7.jpg" data-gid="gid://syiq/Photo/395781">Living the experienceA crucial element to designing a yacht for <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> is onboard experience: “when you’ve lived aboard boats for enough years, travelled enough and truly experienced living at sea, you begin to understand the human needs of onboard living” shares Roberto, “you can study design at a desk, but living it opens up a whole new understanding.”<img src="https://photo-assets.superyachttimes.com/photo/395757/image/large-c3608611ab7f6dd82cd72bba6d9c9e54.jpg" data-gid="gid://syiq/Photo/395757">This philosophy is not just extended to the yacht’s interiors, but also to the engineering of the Squalo 100. One such place is the engine room, which, onboard all <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a>, are designed with accessibility and functionality as priorities - the goal is to make the engine room and its equipment accessible and simple.Roberto explains how “comfort is an overall sensory experience - space, silence, vibration, colours, atmosphere - to truly feel comfortable and happy, you need to feel all five senses.”<img src="https://photo-assets.superyachttimes.com/photo/395753/image/large-8a75feae7d000d25adda68409da4ead2.jpg" data-gid="gid://syiq/Photo/395753">One way in which the <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> team has done this is by structurally separating the hull and superstructure, which dramatically reduces vibrations and sound transfer throughout the vessel. “You don’t hear generators, vibrations, nor conversation in any of the other staterooms. There is total silence onboard.”Another one of the senses <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> is especially considerate of is smell. “You can walk into a beautiful boat but if it’s humid or there are unpleasant odours, it ruins the experience.” The yard has noticed that many of the odour-related issues don’t actually originate from black or grey water tanks themselves, but from low-quality piping systems that begin to sweat over time. <img src="https://photo-assets.superyachttimes.com/photo/395761/image/large-f1870b9a00c455b1e44bcca22a5b9127.jpg" data-gid="gid://syiq/Photo/395761">To prevent this, the Squalo 100 has incorporated high quality piping systems alongside a positive-pressure make-up air system designed to continuously renew and purify the air onboard. “Approximately six times per hour, the entire interior air volume is renewed with fresh air.” The result is a refreshing onboard environment.The air-flow design onboard the yacht has also been thoroughly considered: “we maintain more pressure inside the salon than outside, so when the doors open, fresh air escapes outward and blocks hot air from entering” Roberto explains. For the galley, the same construction is used, but flipped, “the galley maintains a lower pressure than the guest areas so that not all the cooking smells will spill into the staterooms and saloon.”<img src="https://photo-assets.superyachttimes.com/photo/395762/image/large-48885ca43e88052e18731411f2ea3610.jpg" data-gid="gid://syiq/Photo/395762">Living in spaceA central element in the design of the Squalo 100 and all other <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> is the ceiling height. “For me ceiling height is a must,” Roberto shares how this decision was rooted in a very human observation: “When tall people walk onto yachts, they have to check how much space sits between the top of their head and the ceiling - which often isn’t very much.” Combined with the Squalo 100’s full-beam saloon and master cabin, the increased ceiling height dramatically transforms the perception of the interior volume. “It creates a totally different feeling onboard.”Besides a spacious layout, a refreshing airflow and minimal yet high-end technologies, <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Custom Yachts</a> offers additional personalisation for their yachts through elements like hull colours. “I had a client with a huge fascination for Porsche and he told me he wanted his hull the same colour of his Porsche Calipers brakes."<img src="https://photo-assets.superyachttimes.com/photo/395763/image/large-5a734ebfefcf55bc0e5400e54e0d53fc.jpg" data-gid="gid://syiq/Photo/395763">“We have always been extremely flexible with customisation because we understand that every owner lives differently and expresses luxury differently.” This type of pursuit of individuality is the main reason that <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> has intentionally stayed a boutique shipyard. “We’ve done crazy things,” shares Roberto, “but if it doesn’t hurt the value or integrity of the yacht, we’re happy to make our client’s vision become a reality.”There’s a few elements that the <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> team won’t compromise on, like the crew accommodations and facilities. Roberto shares how “the crew lives onboard year-round. If the crew isn’t comfortable or happy, the boat won’t be a happy boat.” While owners or guests spend maybe just over a week onboard, crew lives onboard and ensuring they feel at home is of utmost importance.<img src="https://photo-assets.superyachttimes.com/photo/395746/image/large-e1304f071c6fd249b2bf1a2b910fbc15.jpg" data-gid="gid://syiq/Photo/395746">A symbol of powerThe Squalo 100 carries an air of power. Its name stems from the Italian word squalo, meaning ‘Shark’. “A shark is the most efficient creature in the ocean. It’s powerful, intelligent, efficient, and naturally dominant.” For the shipyard, the name perfectly reflects its in-house philosophy. “<a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha</a> represents leadership, and the Squalo yacht represents efficiency, strength, personality and power.”<img src="https://photo-assets.superyachttimes.com/photo/395767/image/large-999c901798381e697b3243b4b14b578f.jpg" data-gid="gid://syiq/Photo/395767">

Inside the design of Alpha squalo 100

Alpha Custom Yachts' Squalo 100, designed for spacious living on the water.

Alpha Yachts’ Squalo 100: Redefining human-centred yacht design

The United States Court of Appeals for the Second Circuit has upheld a lower court ruling that Eduard Khudainatov, the former owner of the 106.1-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>, cannot claim ownership following her seizure in 2022, marking the last chance he had to appeal the decision.SuperYacht Times takes a look back at the full legal battle over the yacht’s ownership and the proceedings that led to the US Government’s forfeiture of the yacht.<img src="https://photo-assets.superyachttimes.com/photo/393887/image/large-ad933bf5db70a1d40d13082c78016610.jpg" data-gid="gid://syiq/Photo/393887">The seizure of AmadeaIn April 2022, U.S. authorities under the Biden administration, seized <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> in Fiji as part of their Task Force KleptoCapture, which aimed at intensifying sanction enforcements against Russian oligarchs linked to President Vladimir Putin.&nbsp;Prosecutors allege that sanctioned Russian billionaire Suleiman Kerimov is the owner of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>, while Eduard Khudainatov, the former chief of Russian state oil and gas company Rosneft, and his company Millemarin Investment claim that the yacht is under their ownership.&nbsp;Suleiman Kerimov was sanctioned by the U.S. Treasury Department, in consultation with the Department of State in 2018 for his role as an official of the Russian Federation and a member of the Russian Federation Council. He was alleged to have moved hundreds of millions of euros into France, in addition to conducting standard fund transfers without disclosing the money to French tax authorities.The arrest of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> was announced on 14 April 2022, but the Task Force KleptoCapture did not get the official green light for her arrest until 4 May. During this period a plea had been made by Millemarin Investment on the registration of the US warrant to seize <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>.&nbsp;The Fijian Court of Appeals dismissed the plea on 27 May, opening an avenue for the U.S. Department of Justice to actualise the arrest and transport her to U.S. territory. From there, the yacht was locked in a legal battle for several years regarding her true ownership. <img src="https://photo-assets.superyachttimes.com/photo/393882/image/large-85002cf90fcbd0f9d3c4545d29a092c9.jpg" data-gid="gid://syiq/Photo/393882">The ownership structure behind AmadeaAccording to court documents, a Memorandum of Agreement (MOA) in September 2021 showed that Millemarin Investments Ltd were committed to sell <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> for €225 million to a Cayman Islands entity that was created less than one week before the deal. Under the agreement, the buyer acquired the right to use the yacht and assumed responsibility for her operating costs following the initial €45 million payment.Lawyers representing Millemarin claim the Cayman Islands-based company is owned by Khudainatov and because he is not currently sanctioned by the U.S, his legal team therefore challenged the seizure and forfeiture of the yacht.However, U.S prosecutors argue that the sanctioned Russian billionaire Kerimov was behind the Cayman Islands entity and that he allegedly used a web of shell companies to hide his assets, including <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>, and evade international sanctions.&nbsp;It was alleged that Khudainatov was serving as the "straw” or nominal owner to obscure Kerimov's involvement.<img src="https://photo-assets.superyachttimes.com/photo/393883/image/large-99488250fa35ea39ce37fa28d4ff2747.jpg" data-gid="gid://syiq/Photo/393883">The court battle In October 2023, U.S. Justice Department filed a civil forfeiture complaint for ownership of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> following her seizure and relocation to San Diego in 2022. The complaint was filed at the Manhattan federal court and marked the start of a lengthy judicial process for the US to seek ownership.The U.S. Department of Justice alleged in its complaint that Suleiman Kerimov bought <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> in 2021, and then violated U.S. sanctions by making more than $1 million in maintenance payments through U.S. financial institutions.Just four months later, the U.S. government filed a petition to auction <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> before the dispute over her ownership was resolved, stating that the yacht was currently costing the U.S government more than $7 million a year to maintain.A court filing by federal prosecutors in Manhattan told U.S. District Judge Dale Ho that <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> currently had an “excessive” $600,000 monthly average maintenance bill, and urged the judge to consider an auction. They also alleged that talks to have Khudainatov pay for <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>'s upkeep had broken down.&nbsp;In January 2025, the evidentiary hearing began to determine the ownership of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>. Rachael Doud, Assistant US Attorney for the Southern District of New York stated that Kerimov’s niece allegedly paid €225 million to complete the sale of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> in 2021 on his behalf and to bypass sanctions which had been imposed on him since 2018.According to Doud, Kerimov and his family used the vessel and had plans to use it further, with Khudainatov acting as a straw owner. Khudainatov’s lawyer Adam Ford argued that there is no evidence of a completed sale and characterised the agreement with Kerimov as a loan rather than a purchase.<img src="https://photo-assets.superyachttimes.com/photo/393875/image/large-a816cc99184d93f85c79dca79e3e1630.jpg" data-gid="gid://syiq/Photo/393875">Ownership claims rejected and yacht sold at auctionOn 10 March 2025, U.S. District Judge Dale Ho issued an 80-page ruling that stated that while Khudainatov retained the "bare title" to <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> after September 2021, the true beneficial owner was sanctioned Russian billionaire Suleiman Kerimov.The decision marked a significant victory for the U.S. Department of Justice, prompting them to announce in August 2025 that <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> would be offered for sale via a sealed-bid auction on 10 September 2025.The auction was administered by the National Maritime Services of Fort Lauderdale, Florida, in accordance with a forfeiture order issued by the U.S. District Court for the Southern District of New York (Case 1:23-cv-09304), with <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> appointed as promotional agent for the auction.In October 2025, a spokesperson for the United States Marshals Service confirmed that <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> had been sold at auction, with her new owner and price not disclosed. However, Khudainatov and Millemarin Investments submitted an appeal to the United States Court of Appeals for the Second Circuit, maintaining they were the beneficial owners of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>. <img src="https://photo-assets.superyachttimes.com/photo/393872/image/large-9aac7473aea0108815459490aee8c9cf.jpg" data-gid="gid://syiq/Photo/393872">Final ownership appeal rejectedIn a decision issued on 1 June 2026, the court and circuit Judges Parker, Lohier and Merriam affirmed Ho’s previous ruling, confirming that Eduard Khudainatov and Millemarin Investments Ltd were unable to demonstrate a sufficient beneficial interest in <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>.&nbsp;The court agreed with the District Court in the Southern District of New York, stating that Khudainatov acted as a "straw owner" and despite a sale agreement in 2021 that transferred control and economic responsibility for the yacht, he only appeared as the legal owner on paper, with the real economic ownership allegedly under the control of Kerimov.&nbsp;The United States Court of Appeals for the Second Circuit confirmed that Khudainatov failed to demonstrate the type of beneficial interest required under US law to contest civil forfeiture proceedings.“With the standard of proof established, we review the District Court’s legal conclusions relating to standing de novo and its factual findings for clear error,” explained the court. “The District Court correctly concluded that the claimants’ legal title to the <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> did not itself establish standing to contest the <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a>’s forfeiture. For the foregoing reasons, we affirm the judgments of the District Court.”As a result of this, the legal challenge over ownership has been brought to a close, with the Government’s forfeiture of <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> remaining in place, and no other avenues available for the claimants to pursue ownership arguments in the United States courts.Delivered in 2017, <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> features exterior design by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>, while her interior was penned by <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Interior Design</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>. With a gross tonnage of 4,402, <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> can comfortably accommodate up to 16 guests across an eight stateroom configuration, alongside an impressive crew of 36.&nbsp;Amenities onboard include an infinity pool, a certified helipad, a private owner’s spa, a separate guest spa and two elevators. 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, the yacht has a top speed of 20 knots, a cruising speed of 13 knots and a range of 8,000 nautical miles.&nbsp;According to AIS, <a data-gid="gid://syiq/Yacht/6167" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amadea 106.1m (348'1&quot;)Lürssen Yachts2017">Amadea</a> is currently located in Monaco.

Amadea yacht ownership appeal rejected

The US Court of Appeals has upheld the court ruling that Eduard Khudainatov cannot claim ownership of the 106m Lürssen yacht Amadea.

US Court rejects final appeal from ex.owner of 106m yacht Amadea

As Venice Climate Week runs from 3 to 8 June, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is calling for urgent investment in alternative fuel infrastructure across Europe. The company noted that the transition to next-generation sustainable yachts will depend on availability of energy infrastructure, rather than the speed of technological progress.<img src="https://photo-assets.superyachttimes.com/photo/396223/image/large-103ef131c568767e63b19cb8b8a430ac.jpg" data-gid="gid://syiq/Photo/396223">Executive Chairman Massimo Perotti presented the ‘Venice Call for Maritime Action’ at the event, an initiative formalised through an open letter addressed to Jessika Roswall, European Commissioner for Environment, Water Resilience and a Competitive Circular Economy, and copied to Ursula von der Leyen, President of the European Commission.“Across our industries, the technologies required to enable more sustainable mobility, employment and enjoyment at sea are no longer theoretical,” he stated in the letter. “They are real, advancing rapidly, and increasingly ready to move beyond experimentation and into everyday use.” The initiative calls for coordinated investment in green methanol supply chains and electrification infrastructure across key maritime hubs.<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> noted that while it has already invested in bi-fuel methanol propulsion as part of its 'Road to 2030' strategy, adoption remains constrained by limited infrastructure. This case is &nbsp;particularly apparent in the Mediterranean, where availability across marinas is still minimal.<img src="https://photo-assets.superyachttimes.com/photo/396224/image/large-fa3744cfa8c57f5776899c890d02e793.jpg" data-gid="gid://syiq/Photo/396224">Currently, less than one percent of global methanol production is renewable, with supply concentrated in industrial ports such as Rotterdam and Antwerp-Bruges, leaving major yachting regions underserved.The ‘Venice Call for Maritime Action’ urges coordinated action among European institutions and policymakers, port authorities and coastal cities, energy producers and fuel suppliers, and industrial and technology partners to accelerate the transition. This includes including a six-month progress review to assess infrastructure development.The letter also pushes forward <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s commitment to the following initiatives:&nbsp;<ul><li>Championing a future vision for more sustainable yachting</li><li>Continuing investment in innovation and technological progress</li><li>Supporting the development of viable and accessible energy ecosystems</li><li>Engaging in cross-sector collaboration to accelerate progress<img src="https://photo-assets.superyachttimes.com/photo/396226/image/large-dd7b8005406727dc9430ff3c953dbf09.png" data-gid="gid://syiq/Photo/396226"></li></ul>The effort has already drawn support from across the maritime sector, including SYBAss, Professor Flavio Manenti of Politecnico di Milano, alongside representatives from marine technology, energy, and sustainability organisations.As one of the founding partners of Venice Climate Week, the company is using its Casa Sanlorenzo hub to convene industry dialogue under the ‘Planet Aqua, Planet Peace’ programme. The initiative brings together city leaders, scientists and industry stakeholders to address coastal resilience and maritime transition.Moreover, the group continues to advance its Road to '2030 strategy'. This includes the 50Steel Almax, the first superyacht to feature a methanol fuel cell system, and Bluegame’s hydrogen-powered BGH-HSV support vessel, developed for zero-emission operations during the America’s Cup."By aligning investment, infrastructure and policy, it is possible to unlock the next phase of sustainable &nbsp;maritime mobility and support the wider integration of alternative propulsion technologies across &nbsp;Europe,” Perotti concluded.

Sanlorenzo Venice Climate Week

Sanlorenzo is calling for urgent investment in alternative fuel infrastructure across Europe at the Venice Climate Week 2026.