SuperYacht Times Synopsis August

Odyssey III yacht anchored

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Solo yacht cruising

Page break test marketing

Yacht fire at Ferretti Shipyard in Cattolica

Málaga San Andres Marina of IGY Marinas

Amels 80 yacht exterior design

B2 yacht cruising 

Ionian Princess yacht cruising refit 2022

Feadship yacht load out

Croatia

Gentleman yacht 33m by Picchiotti exterior design

Callisto yacht cruising

Lonestar yacht concept by Kurt Strand

Mingfa yacht deck

Go yacht anchored in France

Secret yacht cruising

The SuperYacht Times Synopsis, as brought to you by SYT iQ, gives you the rundown of the top business stories and market reports from last month.

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SYT Synopsis: August's leading yacht news

Launched in 1923 under the name Wildfire, the 32-metre <a data-gid="gid://syiq/Company/829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Herreshoff (Company)">Herreshoff</a> sailing yacht <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> is steeped in a century's worth of history. Celebrating 100 years on the water this year, <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> has sailed the world and holds many secrets and stories beneath her decks.<img src="https://photo-assets.superyachttimes.com/photo/271313/image/large-7264148a82ffefca5a6f7b315df86b4e.jpg" data-gid="gid://syiq/Photo/271313">The Herreshoff family heritage spans back over 150 years when blind boat builder John Brown Herreshoff went into partnership with his younger brother, Nathanael Greene Herreshoff, to start the <a data-gid="gid://syiq/Company/829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Herreshoff (Company)">Herreshoff Manufacturing Company</a>.John dedicated his life to yacht carpentry in a workshop in the small town of Bristol, Rhode Island. With the help of their father, Charles Frederick, <a data-gid="gid://syiq/Company/829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Herreshoff (Company)">Herreshoff Manufacturing Co</a>. was created and added to the history of naval construction.<img src="https://photo-assets.superyachttimes.com/photo/271315/image/large-2a764787faf7743f4dbb99080dab7a95.jpg" data-gid="gid://syiq/Photo/271315">The company grew in size over the years, and alongside his brothers Nathanael and James Herreshoff, the family brought many boats to life, including the legendary 1903 schooner <a data-gid="gid://syiq/Yacht/4977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ingomar53.88m (176'9&quot;)GraafShip">Ingomar</a>. John passed away in 1915, and Nathanael Herreshoff took the helm, which led to the creation of the steel schooner Wildfire.Known as Project 891, Wildfire was constructed in 1922 and launched in 1923. Wildfire was commissioned by Charles Hardy, commodore of the New York Yacht Club for a cost of $76,000, which is around $1,348,280 in today’s valuation.<img src="https://photo-assets.superyachttimes.com/photo/271314/image/large-abf0aab29ca7e0c9a8efc56d89a48556.jpg" data-gid="gid://syiq/Photo/271314">Wildfire was launched with a 20.5-feet beam, an almost 4-metre draft, and an overall length of 95 feet (29-metres). The impressive schooner won regattas and tournaments, including the Schooner Cup in 1924.In 1949, Wildfire entered the Brazilian waters after being purchased by Jorge Bhering de Matos in the United States. She was then sold to Dircea Fortouta, an industrial entrepreneur, who christened her <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a>– meaning a daring, bold woman who is ready for any challenge.<img src="https://photo-assets.superyachttimes.com/photo/271318/image/large-5f0e71067010a50452c710779dfd7954.jpg" data-gid="gid://syiq/Photo/271318"><a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> spent 45 years in Brazil, in the Guanabara Bay located in Southeast Brazil in the state of Rio de Janeiro were she welcomed royalty such as the now King Charles III of the United Kingdom, and celebrities such as Elvis Presley, Brazilian music artist Billy Blanco, actress Rita Hayworth and Former United States Secretary of State Henry Kissinger.&nbsp;Over the years, <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> underwent renovations which affected her overall appearance and design, but thankfully not her charm. After the death of her owner, the yacht was taken to the city of Santos, Brazil to her new owner Auro Mourandrade.<img src="https://photo-assets.superyachttimes.com/photo/271316/image/large-517766f904e987198966efa6270603ee.jpg" data-gid="gid://syiq/Photo/271316">In the 1990s, <a data-gid="gid://syiq/Company/1180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCP Yachts (Company)">MCP Yachts</a> owned by naval engineer Manoel Chaves, were enlisted to begin her restoration. The 1922 schooner received a new teak deck and interior renovations and in 1999 she was sold to a group of Asian businessmen, where she returned to Rio de Janeiro.However, due to a lack of maintenance care, <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> almost sank in Guanabara Bay and was neglected for almost two years, leading to holes and rust forming on her steel hull and superstructure. But in 2002, Auro Mourandrade and Gilberto Miranda bought Atrevida as scrap metal and enlisted Manoel Chaves to take care of her restoration. <img src="https://photo-assets.superyachttimes.com/photo/271317/image/large-6badd5ce3106318f744a3a73c6877ad0.jpg" data-gid="gid://syiq/Photo/271317">The holes she had gained over the years were first closed before she was towed from Rio de Janeiro to Santos by a fishing boat for the start of her repairs. The shipyard she was shipped to specialised in aluminium trawlers and therefore could not use the same installations for the work in carbon steel.As a result of this, a yard was reserved at <a data-gid="gid://syiq/Company/1180" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MCP Yachts (Company)">MCP Yachts</a> for <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> and the shipyard was in touch with the Herreshoff Museum in Bristol to find the original construction plans for Wildfire. In March 2004, a skilled team of professionals embarked on her restoration work by installing modern equipment, while maintaining <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a>’s character.<img src="https://photo-assets.superyachttimes.com/photo/271319/image/large-fc60e6933c53a85be1b3c04b206e9af8.jpg" data-gid="gid://syiq/Photo/271319">During her extensive 14 month restoration, <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> gained the most up-to-date amenities, such as air conditioning, onboard computers and electronics and a new navigation system, as well as wireless bow and stern thrusters and a remote controlled sail hoisting system. <img src="https://photo-assets.superyachttimes.com/photo/271321/image/large-da87cbbec66f07f4a4f181b2b2b7204f.jpg" data-gid="gid://syiq/Photo/271321">In tradition with the era in which she was built, her chain shock absorbers, balustrade stays, rigging system and other stainless steel items were built and engraved with her name, Atrevida. The wooden bowsprit was rebuilt in mahogany to the original Nathanael Herreshoff design.<img src="https://photo-assets.superyachttimes.com/photo/271320/image/large-eb4eb9acd6a67c6551d179b9c05c24b8.jpg" data-gid="gid://syiq/Photo/271320">Her carbon steel davits had also been damaged over the years and were replaced with a new stainless steel set with handles and winches similar to her original design. Her structural work included the closing of the deck with overlapping steel plates placed and riveted as they would have been when she was originally built.<img src="https://photo-assets.superyachttimes.com/photo/271322/image/large-69bd93591d2b1da7d9bd618ff0342ced.jpg" data-gid="gid://syiq/Photo/271322">The main deck houses and deck hatches of <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> were rebuilt with mahogany wood that had been reclaimed from old demolished houses, as the cutting down of this wood is now forbidden. The yard also created a fibreglass auxiliary boat in the same dimensions as her original wood counterpart, with identical rudders, helm, controls and upholstery.<img src="https://photo-assets.superyachttimes.com/photo/270890/image/large-4d667d1fc2e366a14366fea44910e662.jpg" data-gid="gid://syiq/Photo/270890">Everything else onboard was repaired and rebuilt as close to her original design as possible, and her name was engraved across doors, tables and other items onboard. The historical importance of the project can be seen in the main living areas, with bevelled glass and curtains, which are the same style as she would have had when she was first built.<img src="https://photo-assets.superyachttimes.com/photo/270889/image/large-3b4dc602a33be0f3cd77229e3305e86a.jpg" data-gid="gid://syiq/Photo/270889">Her interior has been finished with traditionally styled beams, crystal styled cabinets and classic upholstered seating, following her reclaimed designs. Her rigging has also been equipped with modern day technologies such as telephone and internet connections to keep guests onboard entertained and up-to-date. This was also placed high up her masts, so as not to spoil her original design.<img src="https://photo-assets.superyachttimes.com/photo/270887/image/large-10d0a17be46ba487800a1fbd0f5a031e.jpg" data-gid="gid://syiq/Photo/270887">In August 2005, <a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> once again entered the water to continue the Herreshoff brothers legacy. She was finally reborn and restored to her original glory where she hopes to continue welcoming a plethora of guests onboard for years to come.<img src="https://photo-assets.superyachttimes.com/photo/270884/image/large-17859f102cbc072aa8017eb0430c4ecd.jpg" data-gid="gid://syiq/Photo/270884"><a data-gid="gid://syiq/Yacht/2065" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atrevida32.0m (104'12&quot;)Herreshoff1923">Atrevida</a> now continues to travel in international waters, including the Caribbean and South America, under the loving hands of Alexandre and Daniella Ferrari at the helm of Captain Atila Bohm. Her story is a testament to what passion and respect for naval traditions can achieve when preserving a century worth of stories, lives and history.<img src="https://photo-assets.superyachttimes.com/photo/270892/image/large-d8bdad687f461dbd9e179e6d62277422.jpg" data-gid="gid://syiq/Photo/270892">

The 100 year history of the 32m Herreshoff yacht Atrevida

Launched in 1923 under the name Wildfire, the 32m Herreshoff sailing yacht Atrevida is celebrating 100 years on the water this year.

Celebrating 100 years of history onboard the 32m sailing yacht Atrevida

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

At the shipyard with MB92 La Ciotat

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

How to build a shiplift with MB92 La Ciotat

superyachts featured in films

SuperYachtTimes takes a closer look at the superyachts that have gifted our screens with an injection of added opulence.

Superyachts on film

The American boating giant <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has dominated the news over the past two years, with record breaking acquisitions and a major expansion into the superyacht sphere. Last year the company announced the acquisition of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and its global presence is becoming more solidified every quarter. We sat down with Chief Revenue Officer Chuck Cashman to find out more about the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> mentality and to get an insight into the latest expansions.<img src="https://photo-assets.superyachttimes.com/photo/265729/image/large-075b6f10300ff29203f8cee2ee5a74a9.jpg" data-gid="gid://syiq/Photo/265729">So why don't we start off with how&nbsp;<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>&nbsp;fared in 2022 in comparison with 2021 and an overview of your expectations for 2023:We had a record fiscal year in 2021 and we beat that in fiscal year 2022, which was outstanding. We did that both from an acquisition standpoint –we grew the business a lot – but also from an increase in Same-Store Sales.&nbsp;One thing that is definitely clear is that 2021 came with an unprecedented high in terms of passion for boating. Certainly there were other challenges; inventory limitations, supply chain issues and, of course, lockdowns; but 2021/2022 brought a tonne of new people into boating. In 2022 we also saw an increase of first time buyers buying boats over 30 metres: numbers I haven’t seen in the 30 years I've been in this industry.&nbsp;As 2022 came to a close the industry began to see a slowdown, but it is clear even from these first weeks of 2023 that the passion for boating remains, despite the headwinds of interest rates rising and stock market instability. So we’re expecting another good year at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, across the board. Our main focus will be on improving &nbsp;our marketplace, which becomes that much more important in economically challenging times. <img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-ca20ccc1813073a1b2aa9dfbcd755ab5.jpg" data-gid="gid://syiq/Photo/265732">What drove&nbsp;<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>&nbsp;to acquire two superyacht brokerage houses and did the company ever consider consolidation?We had been specifically seeking out the acquisition of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> for some time before we finalised the agreement in 2019. Expansion into the superyacht sector was a natural move for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> and we liked the company, the management and where they were based. Fraser was a very natural fit for us so we were very happy when it came to fruition.&nbsp;<a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a>, on the other hand, actually approached us – and not long after the <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> acquisition was announced. Even though we hadn't been looking for another brokerage house, we met with the leadership team and they left a very good impression. It's important to note that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has a very thorough and strategic acquisition programme, so we carefully analysed <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">N&amp;J</a> before we made any proposals and saw both good results, and a very solid team.Once the decision to acquire both <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> and <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> was made, the obvious thing was to combine the two houses and create what would have been the biggest brokerage in the world. But after spending time looking under the hood of both companies, digging into their databases, we found that the crossover in clientele between them was only 2 percent. We were so surprised we had the analysts run the numbers again because we were expecting closer to 35-40 percent competitive crossover, but it was clear the two companies operated within entirely different client pools. Because of this the decision to retain them as separate and individual assets was, in the end, very easy, and on top of that we couldn’t see the point in disrupting two healthy businesses purely for the bravado of saying “we’re the biggest”. We don’t want to say it, we want to be the best.&nbsp;We have, however, combined the two backend systems. Bringing them onto the same account programme for example, has reduced expenses and allowed us to leverage the advantages of both houses. Their combined power has given us excellent hiring magnetism and we have attracted some excellent talent to both businesses.&nbsp;As for the future, we may well consolidate down the line, but there is no plan for it right now and I'm confident that the acquisitions were the right decision. Both companies have reported record years since they joined <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> and we have been able to provide them with massive scope for expansions and acquisitions under their own umbrellas.<img src="https://photo-assets.superyachttimes.com/photo/265730/image/large-9f50024dac70c8a6a14a2afb2983061b.jpg" data-gid="gid://syiq/Photo/265730">In August 2022 you announced&nbsp;<a data-gid="gid://syiq/Article/55716" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax acquires IGY Marinas for $480 million (2022-08-09 14:45:00 +0200)">the acquisition of the marina titan&nbsp;IGY Marinas&nbsp;for $480</a>&nbsp;million. Was that an opportunity you sought out or did they come to you?&nbsp;Our CEO Brett McGill has been interested in moving into the marina sphere for a number of years. Brett has been working hard to change the perception of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> as only a boat retailer and movement into the superyacht services segment was one part of the strategy to do that, the <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> acquisition another. Where brokerage revenue is cyclical with relatively low profit margins, marinas have a very solid and consistent revenue stream with a good margin. At the end of the day, boats need slips.&nbsp;Our profitability over the last few years has allowed us to expand our horizons and <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> is certainly our biggest acquisition to date, and one that we are very excited about. Marina management, aside from the revenue aspect, allows us to offer our customers a full suite of services and to continue to offer them benefits over and over again. <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> was a very healthy company, and like <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">N&amp;J</a> it already had great people onboard, so when the opportunity arose, &nbsp;we accelerated. <img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-9384651b02a3c3b8b113c3d33254dc31.jpg" data-gid="gid://syiq/Photo/265731"><a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>&nbsp;is a very healthy company right now, but you do have competition with businesses such as&nbsp;<a data-gid="gid://syiq/Company/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Yacht Group (Company)">OneWater&nbsp;</a>on your doorstep. Do you see them as a threat?&nbsp;Of course competition will always be there, and I’ve always believed that it is good to have competitors pushing you to be better. I have a lot of respect for <a data-gid="gid://syiq/Company/6334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Yacht Group (Company)">OneWater</a> and for <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> and their collaboration is a great move. They are also companies that have always looked after their clients, which is the most important thing. What I don't want to see is second tier companies coming into our sector, creating bad customer experiences that push people away from boat ownership because that is detrimental to the entire industry as a whole.&nbsp;I would also say that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has been moving from strength-to-strength for 25 years, we know our client and our industry, and those sectors that we don’t know, we pull the right people in to advise us. People may perceive us as making sudden acquisitions or rash decisions, but we aren’t like that at all; we are careful and conscientious about the expansions we make and that has allowed us to expand steadily into the position we are now in.&nbsp;This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/syt-issue-44-newspaper-published" rel="noopener noreferrer" target="_blank" title="">Issue 44 of SuperYacht Times newspaper</a>. To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper, <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

Interview with Chuck Cashman of MarineMax

Francesca Webster sat down with MarineMax CRO Chuck Cashman to discuss the plans and future of the American titan.

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Empire building: MarineMax CRO Chuck Cashman on the future of the American titan

“My dream is to travel once around the world – whether it’s onboard this yacht or my next, I don’t know. But I’m going to do it,” the owner of <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> told SuperYacht Times, beaming. With good reason, too. <img src="https://photo-assets.superyachttimes.com/photo/265808/image/large-821f7341b46fc048783e7aba64d31ff0.jpg" data-gid="gid://syiq/Photo/265808">We were sat in the offices at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> wistfully chatting cruising grounds, star-studded events and his beautifully refitted 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht, which was gently bobbing in the waters lapping the shipyard. “She’s timeless, a real classic,” he said, gazing out the window. “The green was my wife’s idea,” referring to <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald’s</a> suave, freshly-painted Orion green hull, courtesy of <a data-gid="gid://syiq/Company/6101" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jotun (Company)">Jotun</a>. “It was my wife who chose everything in fact, and I couldn’t be happier.”<img src="https://photo-assets.superyachttimes.com/photo/257634/image/large-9366f38055670e91b5ceb8d9c505e234.jpg" data-gid="gid://syiq/Photo/257634">But it’s hard to believe that the 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> floating in the dock was the same one he bought nearly two years ago. “I love character, class and strong sturdy builds, so when I started looking for a new yacht I knew I was really looking for a <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>.” With this in mind, David Westwood of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, first steered him to the 44.2-metre superyacht <a data-gid="gid://syiq/Yacht/4366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valeria44.2m (145'0&quot;)Feadship1975">Valeria</a>, which is laid up at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> – as fate would have it. <img src="https://photo-assets.superyachttimes.com/photo/259593/image/large-0252709e6fde006536f95fd2b29f2983.jpg" data-gid="gid://syiq/Photo/259593">“We came here to Urk to see the classic 1975 <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> you can see over there,” he said, pointing in the direction of the front gate at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, towards <a data-gid="gid://syiq/Yacht/4366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valeria44.2m (145'0&quot;)Feadship1975">Valeria</a>. “She’s lovely, really. But the crew quarters are just a little too small for what we were looking for.“The crew has to be well looked after on my boats, they need to feel comfortable. It’s important to us that spacious, well-lit and relaxing areas need to be found in both guest and crew areas. Not only are guests travelling with us, so also are the crew. I want them to feel at home.” With <a data-gid="gid://syiq/Yacht/4366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valeria44.2m (145'0&quot;)Feadship1975">Valeria</a> a no-go, David was back scouring the market for a <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> that met expectations. <img src="https://photo-assets.superyachttimes.com/photo/196039/image/large-6c1cf1727a767970cde689a72b0858bc.jpeg" data-gid="gid://syiq/Photo/196039"><a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> built 74 superyachts 40-metres or larger before the turn of the millennium, and out of those 74, only 12 are currently on the market. When these yachts are under ownership, they often stay that way. It was in fact Daan Balk, CEO and owner of <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, who informed the owner about a potential candidate: the 1990-delivered 48.83-metre MQ2, which was lying in Croatia at the time. Balk personally joined <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW</a> and the owners to inspect the yacht.<img src="https://photo-assets.superyachttimes.com/photo/265814/image/large-ed3bd1e3447fc1d45e4f7c135b6a2cef.jpg" data-gid="gid://syiq/Photo/265814"><img src="https://photo-assets.superyachttimes.com/photo/265754/image/large-ebb517a81c02f593d1b13c100bf0f087.jpg" data-gid="gid://syiq/Photo/265754"><img src="https://photo-assets.superyachttimes.com/photo/265756/image/large-f1cc76efab2089fa67e828788cdc9d7c.jpg" data-gid="gid://syiq/Photo/265756"><img src="https://photo-assets.superyachttimes.com/photo/265757/image/large-08fe49bcf5c99fbc1a7a5489e9c90c33.jpg" data-gid="gid://syiq/Photo/265757">MQ2’s timeless exterior lines, penned by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt</a>, and her voluminous interior won him over. The yacht was hauled out and surveyed in Trogir, Daan Balk was a guest throughout the study and provided the owner with sound reassurances. The deal was signed in May 2021, with the owner represented by James Hall and David Westwood of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>, and the seller John Cohen of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a>.<img src="https://photo-assets.superyachttimes.com/photo/265818/image/large-200cb86197f8907e67c59768f906ad8f.jpg" data-gid="gid://syiq/Photo/265818">But it’s hard to believe that the 50.4-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> floating in the dock was the same one he bought nearly two years ago. At the time of sale, she was shorter, had less deck space and an old-fashioned stern with small, swing doors that led into the saloon. She was also fitted with twin two tonne cranes, port and starboard. <img src="https://photo-assets.superyachttimes.com/photo/265764/image/large-f5ef92227d044089b7c4db39a14e7644.jpg" data-gid="gid://syiq/Photo/265764">“My tender weighs three tonnes, so those cranes had to go,” her owner explained. “I wanted to restyle the stern section, so I thought why not extend and install a larger crane on the upper aft deck. Daan Balk had left a strong impression on me. I really appreciated his efforts during my visit to Valeria and thought ‘why not take MQ2 there for the refit’.”<img src="https://photo-assets.superyachttimes.com/photo/265781/image/large-1c80402a6a79af370032a66f2a42de19.jpg" data-gid="gid://syiq/Photo/265781"><img src="https://photo-assets.superyachttimes.com/photo/265790/image/large-ede5c877168aec88ce91085c99c4eec2.jpg" data-gid="gid://syiq/Photo/265790"><img src="https://photo-assets.superyachttimes.com/photo/265795/image/large-20511eb863d128051c77551f603f4fb6.jpg" data-gid="gid://syiq/Photo/265795"><img src="https://photo-assets.superyachttimes.com/photo/265785/image/large-835f076c9e2297ee73ec09d16c4a71bd.jpg" data-gid="gid://syiq/Photo/265785">&nbsp;“There was a lot of interest in this refit from many shipyards,” Daan Balk explained. “We ended up in a neck-and-neck race against <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> The final two contenders. In the end though, we were granted the order and we signed the project right after the <a data-gid="gid://syiq/Event/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2021">2021 Monaco Yacht Show</a>.”<img src="https://photo-assets.superyachttimes.com/photo/265752/image/large-2b0599b6320a23dd3d157cff20a027d2.jpg" data-gid="gid://syiq/Photo/265752">It turned out to be an extensive 16-month refit in total, with her original interiors by <a data-gid="gid://syiq/Company/435" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Robert Knack International (Company)">Robert Knack International</a>stripped bare and everything down to general arrangement entirely redesigned. Her stern wasn’t only restyled, it was also extended by more than a metre and she now features an impressive aft cockpit, complete with a hydraulic swim platform.<img src="https://photo-assets.superyachttimes.com/photo/265776/image/large-c7e8853bf9fc6a98904d8c2e6d43252c.jpg" data-gid="gid://syiq/Photo/265776"> “The platform is fantastic; it can be lowered below the waterline. Just think, any charter guest can get in and out of the water with it, regardless of age. It also goes the other way, and my son who’s 17 was asking how high it can go, as he wants to use the platform as a diving board – it’s possible,” he laughed.<img src="https://photo-assets.superyachttimes.com/photo/265778/image/large-7db59ce967387b1532637f16f594ca62.jpg" data-gid="gid://syiq/Photo/265778"><a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald’s</a>&nbsp;naval architecture was re-engineered by <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>, and the team eked out as much as possible with this redesign. “We wanted the maximum we could, and <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> drew up the plans and made it possible.”<img src="https://photo-assets.superyachttimes.com/photo/265770/image/large-09d0a99ab59be11639ea4aba37fab7cf.jpg" data-gid="gid://syiq/Photo/265770"><img src="https://photo-assets.superyachttimes.com/photo/265765/image/large-ec6b9c7bf2d0735ca7a317536602df90.jpg" data-gid="gid://syiq/Photo/265765">Glass sliding doors have been installed between the skylounge and upper aft deck, replacing the swingset that really was not to the family’s taste. “Look at this space,” he said, swinging his arm around the upper lounge. “Can you imagine being sat here watching Formula One? It doesn’t get much better than that.”<img src="https://photo-assets.superyachttimes.com/photo/265770/image/large-09d0a99ab59be11639ea4aba37fab7cf.jpg" data-gid="gid://syiq/Photo/265770"><img src="https://photo-assets.superyachttimes.com/photo/265773/image/large-5ddff050fb3e0ab6fd74641de746726c.jpg" data-gid="gid://syiq/Photo/265773"><img src="https://photo-assets.superyachttimes.com/photo/265771/image/large-f2e53e7d7af661934e7eb0bb8d3e63d3.jpg" data-gid="gid://syiq/Photo/265771"> The excitement was palpable and contagious. “This wasn’t here before either,” he said pointing to the stairway that connects the upper and main deck. “And the entire sun deck is new too,” he smiled. Taking pride of place forward of the sundeck is a very large Jacuzzi.<img src="https://photo-assets.superyachttimes.com/photo/265806/image/large-e4ab38a2b432f8f5359257f7a579ec53.jpg" data-gid="gid://syiq/Photo/265806">The owner’s wife took charge of the project, working very closely with the UK-based <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> to map out and curate the perfect vessel. “<a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a> was incredible to work with. The team is perfect and they knew exactly what we wanted, how we wanted it. They sat down with my wife and in a day they had the whole project mapped out. An amazing experience,” he said.“We wanted a yacht that was built around family use; plenty of space, lots of character and areas where we can relax to enjoy each other’s company,” her owner explained. Quite uncommon, especially for a yacht of this size, forward of the main deck is not one but two VIP suites. “When we have friends and family onboard, having a second VIP suite next to the master suite gives us more flexibility and the freedom to have our family all together, each with private space yet all on the same deck.”<img src="https://photo-assets.superyachttimes.com/photo/265816/image/large-462a9f714a58748a84e772b49ef02937.jpg" data-gid="gid://syiq/Photo/265816"><a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> offers accommodation for as many as 12 guests: four can sleep on the main deck in the two VIP suites, and the remaining eight will find accommodation on the lower deck. Each stateroom is finished with rich dark timbers that are sophisticated and lend the spaces a calming ambiance. There is a strict harmony across the staterooms, with only the ensuites differing in style.&nbsp;“Look at this detail,” the owner proudly said, running his hand over the veined marble bathroom wall. “This one my son picked out.” The portside lower deck double stateroom features vibrant stonework, unlike anything else on the yacht. “We each picked different natural stones for the bathrooms, so each suite has a distinctive character,” he explained. <img src="https://photo-assets.superyachttimes.com/photo/265817/image/large-ebacdecc9e7bee9249a803d7bab6394d.jpg" data-gid="gid://syiq/Photo/265817">As we walked through <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> the owner was most animated detailing the crew areas. “This wasn’t here before,” the owner said, pointing to a window in the galley. “My wife redesigned the galley and fitted this window. It cost me a fortune, mind. But, look, we’ve positioned it so the galley is well lit and the chef and kitchen staff can enjoy the views.” Each of the crew cabins we stepped into was more generous in size than any I’ve seen before aboard a 50-metre superyacht – or larger, for that matter. <img src="https://photo-assets.superyachttimes.com/photo/265790/image/large-ede5c877168aec88ce91085c99c4eec2.jpg" data-gid="gid://syiq/Photo/265790"><img src="https://photo-assets.superyachttimes.com/photo/265787/image/large-ffeddc33f30ae9b66993860fbda2a04f.jpg" data-gid="gid://syiq/Photo/265787">Read:&nbsp;<a data-gid="gid://syiq/Article/56920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Feadship superyacht Legacy V rechristened Emerald following major refit at Balk Shipyard (2023-02-09 17:30:00 +0100)">50m Feadship superyacht Legacy V rechristened Emerald following major refit at Balk Shipyard</a>This family-oriented design and generous crew quarters have an added benefit: she’s ideal for the charter market. “I haven’t chartered any of my yachts before now, but <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> has instilled great confidence in me.” <a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> will make her world debut at the <a data-gid="gid://syiq/Company/1334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MYBA Charter Show (Company)">MYBA Charter Show</a> in Barcelona on 24 April 2023. <img src="https://photo-assets.superyachttimes.com/photo/265813/image/large-8bf0ce96031ac3c4b486c089cbbb39a6.jpg" data-gid="gid://syiq/Photo/265813">“I’m so pleased with her; <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a>, <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a> and my representative &nbsp;Jim Boot of <a data-gid="gid://syiq/Company/7018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WMC Superyachts (Company)">WMC Superyachts</a> have all done an amazing job. If I was to start the project again tomorrow, I wouldn’t change a thing.”<a data-gid="gid://syiq/Yacht/853" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emerald50.4m (165'4&quot;)Feadship1990">Emerald</a> will be cruising the Mediterranean this summer season and will either be in the Caribbean or the Indian Ocean during the winter. She’s available for charter bookings through <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/265807/image/large-9d6a4eebf05e2a8f17adff4ed54455da.jpg" data-gid="gid://syiq/Photo/265807">

Redesigning the 50m Feadship superyacht Emerald with owner 

The owner of the 50m Feadship superyacht Emerald joined SYT to discuss her refit at Balk Shipyard.

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Owner interview: Redesigning the 50m Feadship superyacht Emerald

Interview with captain of 126m superyacht Octopus

The captain of Lürssen 126m superyacht Octopus joins SYT to retell his story for the first time. 

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Captain Jannek Olsson: Adventures aboard 126m Octopus and working with legendary Paul Allen

First announced in early 2018 with a teaser line drawing that hinted at a sporty exterior, elongated bow and dramatic sheer, <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RIO62.0m (203'5&quot;)CRN2022">RIO</a> was destined to be something unique for the Italian shipyard <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a>. Featuring exterior design and interior architecture from Frank Laupman of <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>, the yacht, which was delivered in May last year, is an evolution of a design trait Laupman has been playing with for years. With interiors from <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> in collaboration with <a data-gid="gid://syiq/Company/4774" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pulina Exclusive Interiors (Company)">Pulina Exclusive Interiors</a>, the yacht’s interior volumes are characterised by bright, light and beachy tones, bathed in light from the floor-to-ceiling windows which wrap around the superyacht’s decks. Here we take a closer look at <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rio62.0m (203'5&quot;)CRN2022">Rio</a>, a fully custom superyacht which changed hands shortly before its completion and therefore one which shows a shipyard and designers ability to adapt to an entirely new set of desires in next to no time.<img src="https://photo-assets.superyachttimes.com/photo/235402/image/large-e1a16ff327fc3ed9381a37796d345aff.jpg" data-gid="gid://syiq/Photo/235402">One of the most characteristic features of <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RIO62.0m (203'5&quot;)CRN2022">RIO</a> is her extremely long bow and dramatic leaning profile that elongates the vessel and gives her the presence of standing high in the water. To accentuate this specification of the first owner, Laupman and his team deviated from the expected and pulled the mast head away from the centre and toward the aft of the vessel. <img src="https://photo-assets.superyachttimes.com/photo/235415/image/large-9bf91717d387ece5d9fc255d9f4304b1.jpg" data-gid="gid://syiq/Photo/235415">Developing the yacht from these initial lines, Laupman and <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> opted for a large amount of glass, with the aforementioned floor-to-ceiling windows exaggerated further by the low bulwarks on all sides. Utilising a trait from an inspiration series created by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega</a> for <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> following the launch of the 73-metre <a data-gid="gid://syiq/Yacht/2749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yalla73.0m (239'6&quot;)CRN2014">Yalla</a> in 2014, <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RIO62.0m (203'5&quot;)CRN2022">RIO</a> incorporates a characteristic arch to the aft, sweeping from the superstructure of the owner’s deck to the transom. A dynamic tool, the arch not only unifies the hull and main deck, but also makes the entire superstructure appear smaller and more tapered than it really is, giving the entire vessel the sense of leaning direction. <img src="https://photo-assets.superyachttimes.com/photo/235409/image/large-c8e29ca83611d51d65894fede12aedf1.jpg" data-gid="gid://syiq/Photo/235409">Laupman explained, “The risk with an arch in this position is that it could intrude into your view from the aft deck, which is why the arches are hollow, allowing the eye to pass through them, while still retaining this interesting disruption of the hull line that creates a unique and special appearance.” With echoes of this distinctive arch visible in other <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega</a> designs, a dramatic example being the 65-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/3676" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Illusion65.0m (213'3&quot;)Heesen Yachts2013">Galactica Star</a>, now Illusion, it is clear to see how the motif has evolved over the years; on Rio this results in a more upright and angular feature. <img src="https://photo-assets.superyachttimes.com/photo/235436/image/large-4bdbd06be6d583bc5f606c0f8b9e98f7.jpg" data-gid="gid://syiq/Photo/235436"><img src="https://photo-assets.superyachttimes.com/photo/235435/image/large-ff6fd4dad7ebd2954231e6c94bd4a872.jpg" data-gid="gid://syiq/Photo/235435">Offering an elegant support for the owner’s deck aft, the archway has allowed Laupman to pull the overhang further aft and elongate it without visually impeding on the profile of the superyacht. This owner’s deck aft is home, as is custom now, to a large dining table, lounge chairs and sunbeds, while the foredeck features a private owner’s Jacuzzi and lounge area with an awning and table, utilising that elongated bow.<img src="https://photo-assets.superyachttimes.com/photo/235434/image/large-5060b2bc586ee9d020bf646e3e509343.jpg" data-gid="gid://syiq/Photo/235434">While the uppermost aft deck area is dedicated to the guests, the main access point is an external stairwell which leads from the owner’s deck. This is because the internal volumes are dedicated to the technical management of the yacht, with the interiors home to the emergency generator, captain’s cabin, first officers cabin, pantry and wheelhouse.<img src="https://photo-assets.superyachttimes.com/photo/235413/image/large-fbd242d3e73f9226f8aa0b95cf67fd5c.jpg" data-gid="gid://syiq/Photo/235413">Laupman has unified the design of this technical deck with the entire form of the vessel with the use of a number of clever motifs. The wing stations on either side of the vessel have been defined as separate forms which protrude from the superstructure at graphic angles and catch the light. Laupman explained, “the wing stations are a hard form with a sideways angle which are integrated with the visors over the windows that accentuate the entire feeling of the yacht ‘tumbling home’.” These lines are then balanced by another, gentler arch at the aft of the upper deck glazing, which adds yet another dynamic touch to the yacht’s exterior profile.<img src="https://photo-assets.superyachttimes.com/photo/235422/image/large-c19dfe91444942dc3920d242dc9e990d.jpg" data-gid="gid://syiq/Photo/235422">When it comes to her interiors, <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RIO62.0m (203'5&quot;)CRN2022">RIO</a> has been carefully configured by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega</a> to emphasise a flowing sense of interior-exterior harmony, while <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/4774" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pulina Exclusive Interiors (Company)">Pulina</a> have created an interior styling that brings to life the owner’s wishes for bright spaces and a happy atmosphere. Alessandro Pulina commented, “The concept of the yacht was Tropical Mood, as prevailing upbeat white tones forming a backdrop throughout are set off with lively pops of colour. We wanted to create a sort of colourful and exotic amusement park inside the yacht, with unique art selections and decorations, made to measure with the ever-changing experiences inside the vessel.” <img src="https://photo-assets.superyachttimes.com/photo/235423/image/large-e7e204566d38ecc7fa7fc7b9a42eaadb.jpg" data-gid="gid://syiq/Photo/235423"><a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> added, “The preferred woods are American walnut and white lacquered oak in staves, selected respectively for the floors and walls all through the yacht. Crema d’Orcia and Calacatta Vagli Oro marbles were chosen for the bathrooms, chiming with the predominant light hues. The most vivid notes come from other marbles: the blues of the Azul Macauba in the saloons and the mossy Irish Green in the outdoor bars light up the spaces with colour combinations that vaunt a decidedly marine vibe.”<img src="https://photo-assets.superyachttimes.com/photo/235444/image/large-f465bb43e7905145e9f3c680c7c572f0.jpg" data-gid="gid://syiq/Photo/235444"><img src="https://photo-assets.superyachttimes.com/photo/235445/image/large-7796ccf33d4784b54ae10491edba77ff.jpg" data-gid="gid://syiq/Photo/235445">Diverging from the standard saloon layout, guests enter from the aft deck sliding doors where they are greeted by a standing bar, the dining table and then the lounge area with a huge TV and integrated stereo system. The bar at the entrance to the interiors creates a sense of conviviality, by greeting guests with a social and welcoming atmosphere and acting as a bridge between the exterior and the dining area. This is then maximised by the bespoke round drum table that can accommodate as many as 12 guests. This opening decision sets the tone for the entire interior, which is truly focused on the entertainment of guests and the creation of unique spaces to enjoy with friends and family.<img src="https://photo-assets.superyachttimes.com/photo/235442/image/large-0fbd5b301b4deffc937aa0226656e5a4.jpg" data-gid="gid://syiq/Photo/235442"><img src="https://photo-assets.superyachttimes.com/photo/235443/image/large-22b3267e48a0cee25fa40d9db67f46cc.jpg" data-gid="gid://syiq/Photo/235443">With six guest staterooms, including a full beam owner’s suite on the owner’s deck, a full beam master on the main deck and four lower deck staterooms, all with their own ensuite bathrooms. While the owner’s suite and master staterooms align with the bright and beachy style of the main deck and sky lounge, the lower deck staterooms have each been styled in playful tones and prints.<img src="https://photo-assets.superyachttimes.com/photo/235429/image/large-d4df958ddb0be3944377aa2f4d504559.jpg" data-gid="gid://syiq/Photo/235429"><img src="https://photo-assets.superyachttimes.com/photo/235426/image/large-94b81ba6edc981a33666d4b51550def2.jpg" data-gid="gid://syiq/Photo/235426">A representative of <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> explained, “The owner and his family were directly involved in the styling and design process of the staterooms, in fact each cabin was made to measure to meet personal desires of each guest; one of the owner’s express request was to have bright spaces and a happy atmosphere full of colours for the younger family members especially. For this reason each guest cabin has white lacquered-oak staved walls that are enlivened with dashes of colour. Each stateroom is finished differently, personalised with its own colour scheme – red/brown, green/blue and pastel green – for the wall panels, profiling and furnishings.” <img src="https://photo-assets.superyachttimes.com/photo/235446/image/large-c3c26641f9c4aa122d8e0f97d1e60522.jpg" data-gid="gid://syiq/Photo/235446"><img src="https://photo-assets.superyachttimes.com/photo/235447/image/large-fd2a510963844b87d6d99cfdf10556bc.jpg" data-gid="gid://syiq/Photo/235447">Alessandro Pulina highlighted some of the fully custom elements to the interior, noting, “An impressive detail would be the presence of 9,000 slats, used to create the walls of the yacht, together with interesting curve elements made by hand. Every wall is characterised by a linear led illumination which highlights all these slats continuously and accentuates the shadows and light. In fact, we wanted to convey dynamism through the combination of dualistic contrasts and expressive colour ranges.”<img src="https://photo-assets.superyachttimes.com/photo/235408/image/large-c184ac2c699ae87c98e717b3f5af043a.jpg" data-gid="gid://syiq/Photo/235408">Like the exterior design, the interior plays with shape and form and the result is a highly unified yacht with flowing interior and exterior spaces.This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/superyacht-times-issue-42" target="_blank">Issue 42 of SuperYacht Times newspaper.</a>&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

CRN yacht RIO onboard

 Francesca Webster went behind the scenes with the designers of the 62m CRN superyacht RIO, launched in early 2022.

RIO: A closer look onboard CRN's 62m superyacht

The 37-metre Alloy sailing yacht <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> has rescued 16 people from a capsized fishing skiff off the coast of St Kitts &amp; Nevis, between the Atlantic Ocean and Caribbean Sea.<img src="https://photo-assets.superyachttimes.com/photo/264008/image/large-b8900f9e83b12cdbfd4d8799251d9800.png" data-gid="gid://syiq/Photo/264008">At around 23:30 on 27 March, while sailing from Antigua to Saint Maarten, the lookout onboard <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> heard a faint noise that sounded like a woman’s scream. The crew put on their life jackets with personal locator beacons (PLBs) and radios, activated a Digital Selective Calling (DSC) and called a mayday. They then immediately made their way back to the sound.The captain of <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a>, Thomas Auckland, positioned four crew around the vessel with torches and searchlights to try to locate the woman, or women they had heard screaming. During the search, the first mate was in charge of all radio communications and alarms, and the crew eventually found the first casualty.The crew of <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> spotted a man clinging on to part of a damaged life jacket around six minutes later. They used a small circular fender, attached to an additional buoyancy aid and fastened to a rescue line to throw downwind and pull the man onboard from the folding swim platform.<img src="https://photo-assets.superyachttimes.com/photo/8468/image/large-4ac3c78ceff86c423a71b4f62ec1288d.jpg" data-gid="gid://syiq/Photo/8468">The man was retrieved at around 23:39 and by the time he reached the cockpit he was unconscious. While the crew had not compromised their safety, they had taken in a considerable amount of water into the lazarette while battling the rough sea conditions of around two-metres and 20 knots.The crew of <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> continued their search for the woman they had heard screaming and at around 23:57 they spotted her clinging to a white plastic barrel, around 400-metres from where the man was rescued. She was rescued in a similar way, although the crew had more difficulty and it took three to haul her onboard.<img src="https://photo-assets.superyachttimes.com/photo/8466/image/large-f9b6e4fb7a33e7c75753225decd23010.jpg" data-gid="gid://syiq/Photo/8466">Once the woman was in the cockpit she informed the crew that she had been travelling on a small boat which had left Antigua, bound for St Thomas (USVI), with approximately 32 people onboard. The vessel she had been travelling onboard of had broken down, taken on water and had capsized. At this point, Captain Thomas Auckland discharged two red parachute flares.At around 00:28, the crew of <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> spotted plastic drums floating in the water, and shortly afterwards they noticed a light coming in and out of sight, which later proved to be the light of a mobile phone being waved around. On approach they discovered the upturned fishing skiff La Belle Michelle, with 15 persons straddled on the hull, approximately 1.1 nautical miles from the first casualty.<img src="https://photo-assets.superyachttimes.com/photo/8459/image/large-3720f1bde1cd3df5c1ac75497bd01287.jpg" data-gid="gid://syiq/Photo/8459">The crew of <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> assembled on the aft deck and used a floating line and fender attached to a long Dyneema tail to rescue the casualties. They used a rescue sling and an additional safety line for the casualties to run themselves along the rope one by one, before transferring to the sling and hauled onboard.Captain Thomas Auckland was responsible for throwing the rescue sling, communicating with casualties and removing them for the water at midships with assistance from the engineer onboard. The first mate was in charge of ensuring the rescue line and safety were free to run, as well as resetting the sling and helping remove casualties at midships, with the chef mimicking this role and clearing the side deck.<img src="https://photo-assets.superyachttimes.com/photo/8450/image/large-a0514024af77f602b654c511203bbfe1.jpg" data-gid="gid://syiq/Photo/8450">The stewardess onboard acted as a triage nurse, assessing injuries, getting the casualties into the cockpit and providing them with water and bedding. Finally, the deck stewardess provided light to the rescuers using the large spotlight to light the vessel and then the casualties as they came across them.The casualties were at first clearly reluctant to entrust themselves to the rope, with only two wearing life jackets and most of them unable to swim. The crew onboard Genevieve later discovered that all of the casualties were wearing all the clothes they owned, with many wearing three pairs of jeans over six upper layers. Although this made swimming challenging, it provided something for the crew to hold onto when pulling them onboard.<img src="https://photo-assets.superyachttimes.com/photo/8460/image/large-fb12d88e477fc528534dd61e3f71f57d.jpg" data-gid="gid://syiq/Photo/8460">“It became apparent that towards the end, the casualties were becoming less and less physically able and unfortunately the last casualty fell from the hull and was unable to make it along the line,” recalled Captain Thomas Auckland.“We remained attached to the hull searching for the last individual until 01:57. Thereafter, I decided that marking the upturned hull with lights strapped to a lifejacket and cutting it loose was the best option, as I felt the situation was becoming hazardous. In hindsight, this was perhaps my biggest regret, as we had spare PLBs onboard and should have affixed one, as this would have served as a helpful search marker for MV Britannia, who had just taken up the role of on-scene MRCC.”<img src="https://photo-assets.superyachttimes.com/photo/8461/image/large-fe8c3aa550d56c44cc6221b1149017a1.jpg" data-gid="gid://syiq/Photo/8461">Overall, <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> reportedly had 16 Cameroonian migrants onboard, 13 of whom were male. All casualties were given water, sugary drinks, food and blankets, and were grouped together in the cockpit. The male crew members remained at the helm station, while Captain Thomas Auckland ran back and forth on the VOIP line with MRCC Fort du France, who requested they remain at the scene until air support arrived.At 03:42, the crew onboard <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> were given permission to depart the scene and headed directly to Basseterre in St Kitts, which was approximately 34 nautical miles away. The female crew came and administered basic first aid; fed, watered and tried to dry out as much of their clothing as possible. On arrival they were transferred via coast guard boat to the main base.<img src="https://photo-assets.superyachttimes.com/photo/8458/image/large-b256470cba20ac18f91157da90ef8897.jpg" data-gid="gid://syiq/Photo/8458">“I think what I take away most from this is just how well the crew performed under immense pressure: they were all making very sensible and rational decisions in a situation in which they have had very little training. We of course were incredibly lucky to hear a scream in the dark over the wind, and also unbelievably lucky that we were able to save so many people,” commented Captain Thomas Auckland.“I would like to thank, MRCC Fort du France, MV Britannia, Marine Assist Osprey, sailing yacht Midnight, St Kitts Coastguard and the numerous other vessels, that came together so selflessly,” concluded Captain Thomas Auckland. “It is an honour to sail the waters with you”.<img src="https://photo-assets.superyachttimes.com/photo/8454/image/large-053565e9735fbe11d38a78650fda2426.jpg" data-gid="gid://syiq/Photo/8454">In a statement issued on Tuesday afternoon, Antigua and Barbuda’s Prime Minister Gaston Browne expressed “deep sorrow” at the loss of life and distress suffered by the passengers who were onboard La Belle Michelle.He said the government would launch “a full investigation into the circumstances of this unlawful and dreadful affair, including the involvement of any citizens and residents”.<img src="https://photo-assets.superyachttimes.com/photo/8448/image/large-e4ac5ae0538ba85b6d6d2add6b793eb0.jpg" data-gid="gid://syiq/Photo/8448">Following on from the rescue, the crew of <a data-gid="gid://syiq/Yacht/766" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genevieve37.0m (121'5&quot;)Alloy Yachts1995">Genevieve</a> has set up a <a href="https://www.justgiving.com/crowdfunding/helpingcamerooniansinantigua?utm_term=zMD6K4y89" rel="noopener noreferrer" target="_blank" title="">JustGiving page to raise funds</a> to help provide basic housing, sanitation and food for the community.&nbsp;"We want to better seafarers understanding of what is unfortunately a growing issue in the waters in which we sail. As well as, raise awareness for the Cameroonian Nationals stranded in Antigua, with the hope of improving their quality of living."You can donate to the page using there following link:<a href="https://www.justgiving.com/crowdfunding/helpingcamerooniansinantigua?utm_term=zMD6K4y89" target="_blank">https://www.justgiving.com/crowdfunding/helpingcamerooniansinantigua?utm_term=zMD6K4y89</a>

37m Alloy yacht Genevieve rescues 16 from capsized boat

The 37-metre Alloy sailing yacht Genevieve has rescued 16 people from a capsized fishing skiff off the coast of St Kitts & Nevis.

37m Alloy sailing yacht Genevieve rescues 16 from capsized boat off St Kitts & Nevis

What gulets are to Turkey and Croatia, dhows are to the United Arab Emirates. Wrought with tradition with builds dating back aeons – the dhows are an integral part of UAE culture and heritage and are still widely used today. This tradition has spurred on a strange phenomenon: wooden dhow-inspired superyachts.<img src="https://photo-assets.superyachttimes.com/photo/262478/image/large-608b9781f319d0cefba1295d8e9e0f70.png" data-gid="gid://syiq/Photo/262478">The first dhows that danced across the Red Sea and Indian Ocean were much thinner than they are today. Over the years they’ve stretched and expanded to offer more volume and more stability, but originally they were incredibly slender, packed with goods, darting from port to port.Fisherman and pearl divers had different requirements and needed space to carry their equipment and daily catches. Importantly, they also needed space for more people. These beamier boats are a common sight across the UAE and many are so engorged, swallowing entire restaurants to offer fine dining experiences for hundreds of guests at any given cruise.<img src="https://photo-assets.superyachttimes.com/photo/262477/image/large-c292da7f2fb1c4adcbbbe9af10bd0569.png" data-gid="gid://syiq/Photo/262477">The wooden superyachts infuse the two traditions. “The DNA of these superyachts relate just as much to the original dhows as they do to the wide beam and voluminous modern ones,” Mahmoud Itani of IR Yachts told SuperYacht Times. “In this region, onboard space is really important as people want to go out with large groups of friends; usage is very different to Europe.” <img src="https://photo-assets.superyachttimes.com/photo/263196/image/large-96a02755f154b9edeb1b5b06b318e78d.jpg" data-gid="gid://syiq/Photo/263196">"These yachts are hard to trace as they’re custom-built for individual clients and rarely go on the market – or to any shows, for that matter. “I’ve been attending and organising the Dubai International Boat Show for more than 10 years now, and I can’t remember ever seeing a single superyacht on display that was built out of wood,” Itani reflected.<img src="https://photo-assets.superyachttimes.com/photo/262487/image/large-807cf5d601fc605e401b8d6626a29e8a.png" data-gid="gid://syiq/Photo/262487"><img src="https://photo-assets.superyachttimes.com/photo/262484/image/large-ab44a56f02225eb532c9637ba2f5eaf7.png" data-gid="gid://syiq/Photo/262484"><img src="https://photo-assets.superyachttimes.com/photo/262485/image/large-675093ccd1a8dc465dee62fd80015b59.png" data-gid="gid://syiq/Photo/262485">It makes sense too, as these yachts are rarely – if ever – put up for charter, kept in private use away from the public eye. Boat Shows aren’t relevant for the shipyard’s marketing purposes either, as these wooden dhow-inspired superyachts are invariably single units and quite often the only one built and delivered by that particular shipyard.“There are a few boat builders in the UAE that would build one of these yachts, but the design rarely comes from their in-house team. After meeting their own design team, the client will then approach a shipyard in either Al Jadaf or, more recently, Dubai maritime city,” Itani explained. <img src="https://photo-assets.superyachttimes.com/photo/262497/image/large-ea48a1afc0b6a7773c138f1d503e36bb.png" data-gid="gid://syiq/Photo/262497"><img src="https://photo-assets.superyachttimes.com/photo/262494/image/large-c54ef33378f581c876b5bc98b37142df.png" data-gid="gid://syiq/Photo/262494">We believe there could be as many as 10 in and around the region, the largest of which is on the market listed with <a data-gid="gid://syiq/Company/4224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bush & Noble (Company)">Bush &amp; Noble</a>. The unnamed 50-metre Full Custom wooden superyacht was delivered in 2020 and undertook a maintenance appointment last year, which included a complete repaint with a high gloss clear coat. She has a price tag just shy of $10,000,000. <img src="https://photo-assets.superyachttimes.com/photo/262495/image/large-cd1ea84bdb62b5b43d893603b165ecb0.png" data-gid="gid://syiq/Photo/262495"><img src="https://photo-assets.superyachttimes.com/photo/262489/image/large-5b4877b6688fbd54f48378f2720c19d3.png" data-gid="gid://syiq/Photo/262489"><img src="https://photo-assets.superyachttimes.com/photo/262488/image/large-a0442a0dcfd95fee7c06e74c1b204bc5.png" data-gid="gid://syiq/Photo/262488">Unlike the other wooden dhow-inspired superyachts, this 50-metre has a unique construction that utilises fibre and teak planks. She’s constructed with a teak hull and GRP superstructure, which has then been clad with teak for that traditional look and feel. Henderson Marine International designed and engineered her.With a beam of 10.56, she’s a metre and a half wider than the average 50-metre motor yacht built after 2018. And once onboard it’s the first thing you notice. She’s cavernous and has been styled with the more familiar trappings, all sourced from Italy at “no expense spared,” as central agent <a data-gid="gid://syiq/Company/4224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bush & Noble (Company)">Bush &amp; Noble</a> explain. <img src="https://photo-assets.superyachttimes.com/photo/262479/image/large-3b074acd794dfdc3701713a1994606a3.png" data-gid="gid://syiq/Photo/262479">The main saloon is home to many seating areas for socialising, a breakfast bar, two screening areas and a formal dining area. She has six staterooms and can comfortably accommodate as many as 12 guests. She can also host five crew in five cabins.When asked about the buying profile for this superyacht, Bret Noble of <a data-gid="gid://syiq/Company/4224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bush & Noble (Company)">Bush &amp; Noble</a> anticipates the most attention from Qatar. "There are many well-built traditional dhows in the region," Noble explained. "Qatar is really the number one region for these boats. But they're also not an uncommon sight in and around the UAE. The 50-metre Full Custom superyacht is unique though and interesting for the Australasian market."&nbsp;The second largest known wooden superyacht is the 47.55-metre <a data-gid="gid://syiq/Yacht/4428" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tiger47.55m (156'0&quot;)Unknown2009">Tiger</a>, delivered in 2009 and currently berthed in Abu Dhabi. Then there’s the 47.5-metre <a data-gid="gid://syiq/Yacht/7265" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Adaam 47.5m (155'10&quot;)Unknown2016">Al Adaam</a> and 47-metre <a data-gid="gid://syiq/Yacht/7266" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Maqam 47.0m (154'2&quot;)Unknown2016">Al Maqam</a> (pictured below), both delivered in 2016. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/262693/image/large-0c6ce6794e310131951dfbb44d5f1cac.jpeg" data-gid="gid://syiq/Photo/262693"><img src="https://photo-assets.superyachttimes.com/photo/172073/image/large-e19ea236eda006e4340ba9d522119e78.jpg" data-gid="gid://syiq/Photo/172073">One of the earlier wooden superyachts to hit the water was <a data-gid="gid://syiq/Yacht/4429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Touch Wood II44.2m (145'0&quot;)Saif Mohd. Belqaizi Ship Building2011">Touch Wood II</a>, &nbsp;delivered in 2011 by the artisan shipyard <a data-gid="gid://syiq/Company/5095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saif Mohd. Belqaizi Ship Building (Company)">Saif Belgaizi Ship Building &amp; Carpentry</a>, which typically builds traditional dhows and bespoke furniture. <a data-gid="gid://syiq/Yacht/4429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Touch Wood II44.2m (145'0&quot;)Saif Mohd. Belqaizi Ship Building2011">Touch Wood II</a> spans three decks, with an interior volume of 450 GT. She’s constructed from Indian teak.<img src="https://photo-assets.superyachttimes.com/photo/8033/image/large-b475c2f0f3a18d756c6476fa0baa9f5b.JPG" data-gid="gid://syiq/Photo/8033"> <img src="https://photo-assets.superyachttimes.com/photo/38038/image/large-f1b6ff6365126f6113fa7098f8a92d83.JPG" data-gid="gid://syiq/Photo/38038">Read:&nbsp;<a data-gid="gid://syiq/Article/42027" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="More details about Dubai mystery yacht Touch Wood (2014-03-23 23:00:00 +0100)">More details about Dubai mystery yacht Touch Wood</a><a data-gid="gid://syiq/Yacht/4429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Touch Wood II44.2m (145'0&quot;)Saif Mohd. Belqaizi Ship Building2011">Touch Wood II’s</a> predecessor, the 37-metre <a data-gid="gid://syiq/Yacht/4427" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dijer37.0m (121'5&quot;)Unknown2005">Dijer</a> (ex. Touch Wood), was built at a different shipyard, <a data-gid="gid://syiq/Company/7070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Obaid Bin Juma Bin Suloom (Company)">Obtain Bin Juma Bin Suloon</a>, the Guinness world record holder for building the largest wooden dhow. Dijer is believed to have been delivered in 2005 with a volume of 400 GT. “I’ve been onboard,” Itani said. “She’s pretty dark inside as even her interior is made of wood. But she’s very big and the guest areas are incredibly spacious.” <img src="https://photo-assets.superyachttimes.com/photo/38040/image/large-7aaf4812d505544f87bc43c731162d78.JPG" data-gid="gid://syiq/Photo/38040"><img src="https://photo-assets.superyachttimes.com/photo/147576/image/large-d6e1c2e0c149a385332f95df5acf93df.jpg" data-gid="gid://syiq/Photo/147576"><img src="https://photo-assets.superyachttimes.com/photo/263195/image/large-bc5267867735c226255b439fc1bbc729.jpg" data-gid="gid://syiq/Photo/263195">These yachts are also built to a different class – Tasneef, a local classification society – &nbsp;that allows them to be built in a certain way. The owners have even more flexibility with their designs and can put further emphasis on the cabin and guest areas. “They’re also not powered by large <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines either,” Itani added. “They’re low power, low consumption vessels that are extremely quiet when underway.” <img src="https://photo-assets.superyachttimes.com/photo/26802/image/large-8c94a518774372581e9243490ccf1635.jpg" data-gid="gid://syiq/Photo/26802">Read:&nbsp;<a data-gid="gid://syiq/Article/41945" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The unusual superyacht Touch Wood in Dubai (2014-03-05 23:00:00 +0100)">The unusual superyacht Touch Wood in Dubai</a>The three smallest are perhaps more dhow than yacht, but the list comprises 33.2-metre <a data-gid="gid://syiq/Yacht/5991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="El Emadi 33.2m (108'11&quot;)Al Mannai Marine2016">El Emadi</a>, 31.2-metre <a data-gid="gid://syiq/Yacht/5990" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project B31.2m (102'4&quot;)Al Mannai Marine2015">Project B</a> and 30.35-metre <a data-gid="gid://syiq/Yacht/5992" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alaska30.35m (99'7&quot;)Al Mannai Marine2015">Alaska</a>, all built by Al Mannai in Doha, Qatar.<img src="https://photo-assets.superyachttimes.com/photo/20780/image/large-b5c6fb3008083a22eb4aca0d66cfef2c.jpg" data-gid="gid://syiq/Photo/20780"><img src="https://photo-assets.superyachttimes.com/photo/20785/image/large-2b3de5ac8e41635ef57d697b8f1f5437.jpg" data-gid="gid://syiq/Photo/20785"><img src="https://photo-assets.superyachttimes.com/photo/2130/image/large-73300e66f02149625432dc2bec0150eb.jpg" data-gid="gid://syiq/Photo/2130"><img src="https://photo-assets.superyachttimes.com/photo/2129/image/large-24e22c65dd02060d3f18d86eb4150f8c.jpg" data-gid="gid://syiq/Photo/2129">If anyone has information about any other dhow-inspired wooden superyachts, please reach out to <a href="mailto:news@superyachttimes.com" target="_blank">news@superyachttimes.com</a>&nbsp;

dhow-inspired wooden superyachts

What gulets are to Turkey and Croatia, dhows are to the United Arab Emirates – and they've created a new phenomenon: wooden dhow-inspired superyachts.

The classical charms of the wooden dhow-inspired superyacht fleet

Rooted within a deep tradition of yacht building in the United States, yet far outliving many of its contemporaries, <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor Shipyards</a> has expanded exponentially over the past 75 years since its foundation. Famed for its expertise in yacht building, with yachts such as the 85.2-metre <a data-gid="gid://syiq/Yacht/28" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquila85.6m (280'10&quot;)Derecktor Shipyards2010">Aquila</a> under its belt, as well as its knowledge for refit, maintenance and yacht repair, the company has built a reputation of excellence over the decades.Having grown from its original yard in New York, <a data-gid="gid://syiq/Yacht/28" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquila85.6m (280'10&quot;)Derecktor Shipyards2010">Derecktor Shipyards</a> now span the East Coast with four major facilities. Its most recent acquisition is the reputed shipyard in Fort Pierce in South Florida, which came under the management of <a data-gid="gid://syiq/Yacht/28" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquila85.6m (280'10&quot;)Derecktor Shipyards2010">Derecktor Shipyard</a> in 2019. The yard offers a totally unique experience for yacht crew during refit and maintenance. We spoke with Justin Beard, Marketing and Sales Development Manager at <a data-gid="gid://syiq/Yacht/28" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquila85.6m (280'10&quot;)Derecktor Shipyards2010">Derecktor</a>, to find out a little more about this titan of American yachting. <img src="https://photo-assets.superyachttimes.com/photo/251765/image/large-20e7c52020c060c2309484b9b543e89a.jpg" data-gid="gid://syiq/Photo/251765">What were the origins of&nbsp;<a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor Shipyards</a>&nbsp;and how has it continued after Bob Derecktor?When Bob was in high school, sometime during the 1930s, he designed a 26-foot sloop and built it in his family’s backyard in White Plains, New York – using oak for the frames, fir for the deck and pine for the mast. With the help of a friend, he sailed it to Nova Scotia for the summer.After a couple of years, Bob left college to focus on his passion. He built a 38-foot schooner and sailed it from New York to Baltimore, where he took a job at the Owens Boatyard, advancing quickly through the ranks to become foreman. Eventually returning to the New York area, he worked at the Edgar Johns Shipyard in Rye and Minnefords in City Island, building minesweepers designed to detonate underwater mines during World War II. Bob soon joined the effort himself, enlisting in the U.S. Navy in the early 1940s.&nbsp;During 1947, shortly after returning from the Navy, the young boatbuilder established Robert E. Derecktor, Inc. on Boston Post Road in Mamaroneck, New York. Surrounding himself with talented employees who would continue to grow along with the company, over the years he expanded the yard, following the ebbs and flows of the boatbuilding business — transitioning from wood to aluminium, from cruising boats to race boats, from sail to power, then to larger yachts and commercial boats.Today, four <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a>’s facilities span the Eastern Seaboard of the U.S. from Maine to South Florida, offering vessel owners and operators everything from marina space to superyacht construction. Over more than seven decades, <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> has made a name for itself on the global yachting stage, highlighted by the launch of the motor yacht Cakewalk (now Aquila), which at 2,998 tonnes, is the largest yacht ever built in the U.S.<img src="https://photo-assets.superyachttimes.com/photo/251762/image/large-edb6290204fc28da2a664f527cfda01c.jpeg" data-gid="gid://syiq/Photo/251762">How did the business evolve from those early days?Transitioning from wood to aluminium, from cruising boats to race boats, from sail to power, then to larger yachts and commercial boats, and now a leader in hybrid vessels… It’s quite the evolution over time. But more than that, from the beginning; has been the driving passion to create, to build, and to innovate - to do things in different and better ways.<img src="https://photo-assets.superyachttimes.com/photo/251763/image/large-7b5036e878eb4014ff2d8eab901cb78c.jpg" data-gid="gid://syiq/Photo/251763">Why do you think&nbsp;<a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a>&nbsp;has continued to succeed and expand while so many American shipyards have disappeared?Remaining flexible to shifting market demands has driven <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a>’s continued success throughout these seventy-five years. We take pride in the ability of our people to excel in multiple disciplines while continuing to deliver superior craftsmanship, whether working on an ultramodern superyacht or a rugged commercial vessel. This is evident throughout our history where <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> regularly adopted new and revolutionary ways to do things in different and better ways.<img src="https://photo-assets.superyachttimes.com/photo/251772/image/large-ba7a9f9617057bc1fa1b2b7aa243871c.jpg" data-gid="gid://syiq/Photo/251772">How does the team manage the shipyards and marinas across the various states?&nbsp;Each <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> yard is uniquely different and structured to serve specific clientele under direction of knowledgeable general managers and experienced tradespeople. Paul Derecktor, President and CEO, works alongside our executive team setting our course for the future, while other business functions like business development, marketing, sales, accounting and purchasing are all centrally managed.The New York yard is a repair and refit hub for the region’s commercial fleet, along with power and sailing yachts under 40 metres. Additionally, the yard continues Bob Derecktor’s legacy of delivering innovative commercial vessels as a leader in hybrid construction and is ideally positioned to support the development of the nation’s emerging offshore wind farm industry. <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> Robinhood in Georgetown, Maine, is a relaxing destination marina with a yard capable of accommodating sail and power yachts up to 34 metres.<img src="https://photo-assets.superyachttimes.com/photo/251769/image/large-8459974c1b884b2fb60ea9ce56f4898f.jpg" data-gid="gid://syiq/Photo/251769"><a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> Dania, Florida, is widely recognized as a global leader in expert superyacht repair or complete refit. Our combination of experience, professional project management and never-ending attention to detail is renowned for producing unrivalled results and customer benefit. From our deep, protected 17-acre site to our 900-tonne mobile boat hoist, Dania is set up to handle virtually any project up to 65-metre with minimum stress and maximum efficiency.<a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> Ft. Pierce was specifically designed and developed with the 75-metre, 900-tonne and up fleet in mind. It’s home to the largest mobile boat hoist in the Western Hemisphere – a massive machine with a 1500-tonne hauling capacity. This new global port of call offers the same superior service and project management <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> clients have come to expect and is conveniently located 45 nautical miles north of West Palm Beach, FL, in the quaint beachside town of Fort Pierce. Situated directly inside Fort Pierce Inlet, the facility offers deep water access to the Atlantic Ocean with unlimited overhead clearance, it’s now an ideal choice for the global fleet of superyachts and large sailing yachts.<img src="https://photo-assets.superyachttimes.com/photo/251770/image/large-2ed1e5c9d6494c35283f1b5367fe8e66.jpg" data-gid="gid://syiq/Photo/251770">What are the plans for the new facility in Fort Pierce?<a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> has invested significant resources into Fort Pierce and is committed to creating a shipyard capable of rivalling any in the world. The MBH 1,500 and access to South Florida’s extensive network of specialised marine vendors and subcontractors is imperative, as is the community where captains and their crews will call home during their yard period. Fort Pierce, with its laid-back atmosphere and old Florida vibe, is a special place we believe everyone will enjoy. We welcome the yacht industry to come check it out, one might be surprised at what we have to offer.<img src="https://photo-assets.superyachttimes.com/photo/251773/image/large-bdde7c5251b78a392a7c30479f6d081b.jpg" data-gid="gid://syiq/Photo/251773">Will the new construction sector continue to be a focus of the business – do you foresee this expanding as other shipyards close down?<a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> is more than capable of building a sophisticated luxury yacht, but committing to such a project would depend entirely on scope and yard capacity. Fort Pierce offers more flexibility in accommodating a wider variety of vessels and available workspace. While we haven’t launched a yacht since Cakewalk in 2010, we would certainly be open to discussing opportunities now or in the future. <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> will remain an industry leader in the construction of commercial hybrid electric vessels. We are actively developing sustainable propulsion solutions for new build projects and the repowering of existing vessels.With eyes and minds firmly set on the future, <a data-gid="gid://syiq/Company/36" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Derecktor Shipyards (Company)">Derecktor</a> will continue to be a stalwart of the American yacht building industry and a reliable face for yacht owners arriving in the U.S. from the world over. We look forward to seeing them in their element this October at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2022">Fort Lauderdale Boat Show</a>!This article was originally published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/superyacht-times-issue-43-newspaper-launched" target="_blank">Issue 43 of SuperYacht Times newspaper</a>.&nbsp;To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper,&nbsp;<a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

The history behind Derecktor Shipyards

Bob Derecktor’s shipyards have been a stalwart of American yacht building for 75 years, we found out a little more about this historic company.

At the shipyard with Derecktor Shipyards: Born in the USA

The 26.81-metre <a data-gid="gid://syiq/Company/4910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Yachts (Company)">Sirena</a> motor yacht <a data-gid="gid://syiq/Yacht/13021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confidential26.81m (87'12&quot;)Sirena Yachts2022">Confidential</a> sold in a deal with Jeff Brown of <a data-gid="gid://syiq/Company/7179" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeff Brown Yachts (Company)">Jeff Brown Yachts</a> introducing the buyer and Justin Goins of <a data-gid="gid://syiq/Company/6348" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachts360 (Company)">Yachts360</a> representing the buyer. <img src="https://photo-assets.superyachttimes.com/photo/272573/image/large-bcaae853b5b91c04724998acffa05791.jpg" data-gid="gid://syiq/Photo/272573">Delivered in 2022 as part of the <a data-gid="gid://syiq/Company/4910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Yachts (Company)">Sirena</a> 88 RPH series, <a data-gid="gid://syiq/Yacht/13021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confidential26.81m (87'12&quot;)Sirena Yachts2022">Confidential</a> features exterior design by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a> and <a data-gid="gid://syiq/Company/43" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cor D. Rover Design (Company)">Cor D. Rover Design</a>, with naval architecture by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. The 125GT carbon yacht also boasts interior design by her builder <a data-gid="gid://syiq/Company/4910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Yachts (Company)">Sirena Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/272571/image/large-f8a1b3d1722f1d5ab20756c0875d5614.jpg" data-gid="gid://syiq/Photo/272571"><img src="https://photo-assets.superyachttimes.com/photo/272572/image/large-c2f5590e9dcbe9cd249fab6accf00936.jpg" data-gid="gid://syiq/Photo/272572"><img src="https://photo-assets.superyachttimes.com/photo/272574/image/large-53475077e035afc578376bb60a1662b8.jpg" data-gid="gid://syiq/Photo/272574"><a data-gid="gid://syiq/Yacht/13021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confidential26.81m (87'12&quot;)Sirena Yachts2022">Confidential</a> can comfortably sleep up to 10 guests across a five stateroom layout, as well as a crew of four across two cabins.<img src="https://photo-assets.superyachttimes.com/photo/272569/image/large-68c11d4896cef2da3b602227db3af018.jpg" data-gid="gid://syiq/Photo/272569"><img src="https://photo-assets.superyachttimes.com/photo/272563/image/large-d1b2c5b63a5b7732fd0927e2d7fd5b6a.jpg" data-gid="gid://syiq/Photo/272563"><img src="https://photo-assets.superyachttimes.com/photo/272559/image/large-e8879c847854cc94127d98bee8870bd5.jpg" data-gid="gid://syiq/Photo/272559">In terms of performance, <a data-gid="gid://syiq/Yacht/13021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confidential26.81m (87'12&quot;)Sirena Yachts2022">Confidential</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which provide her with a top speed of 25 knots and a cruising speed of 16 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/13021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Confidential26.81m (87'12&quot;)Sirena Yachts2022">Confidential</a> had a last known asking price of $9,900,000.

27m Sirena yacht Confidential sold

The 27m Sirena motor yacht Confidential sold with a last known asking price of $9,900,000.

27m Sirena motor yacht Confidential sold

The 35.36-metre <a data-gid="gid://syiq/Company/613" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lazzara Yachts (Company)">Lazzara Yachts</a> motor yacht <a data-gid="gid://syiq/Yacht/2397" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QTR35.36m (116'0&quot;)Lazzara Yachts2009">QTR</a>, previously called Money For Nothing, has entered the market. The <a href="https://www.superyachttimes.com/yachts/qtr/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht QTR&nbsp;for sale</a> features exterior design, as well as naval architecture by <a data-gid="gid://syiq/Company/613" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lazzara Yachts (Company)">Lazzara Yachts.</a>&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/272509/image/large-138554948860c7db6fec0a203534102c.jpg" data-gid="gid://syiq/Photo/272509">She has recently undergone a refit in 2022, with many upgrades including new soft goods, new carpets, exterior soft goods, a new Garmin Navionics suite and an additional stateroom. The 215 GT LMY 116 series yacht <a data-gid="gid://syiq/Yacht/2397" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QTR35.36m (116'0&quot;)Lazzara Yachts2009">QTR&nbsp;</a>has a grp hull and grp superstructure.&nbsp;The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> can accommodate up to 10 guests between her five staterooms, as well as three crew members, including the captain of <a data-gid="gid://syiq/Yacht/2397" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QTR35.36m (116'0&quot;)Lazzara Yachts2009">QTR&nbsp;</a>in two cabins. Key features of the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> include her full-beam owners' stateroom situated amidships with a large walk-in wardrobe. <img src="https://photo-assets.superyachttimes.com/photo/272511/image/large-80359943dc1b768ada4785c85eb43f6d.jpg" data-gid="gid://syiq/Photo/272511"><img src="https://photo-assets.superyachttimes.com/photo/272512/image/large-587198ffe07282888ce81e4193b87a8a.jpg" data-gid="gid://syiq/Photo/272512"><img src="https://photo-assets.superyachttimes.com/photo/272510/image/large-59e67a3b33ebba8c0b385dc7dcb99ba2.jpg" data-gid="gid://syiq/Photo/272510">Aft of the master stateroom are her his-and-hers" bathrooms, with a centreline shared shower and Jacuzzi tub. &nbsp;Entering from the aft deck, the saloon is open to a formal dining area.<img src="https://photo-assets.superyachttimes.com/photo/272514/image/large-2c7b8ed69d4eb06e95f6bd8dc2bab186.jpg" data-gid="gid://syiq/Photo/272514">Additional key features consist of the large bow which provides guests with ample sunbathing space and unobstructed panoramic views of the surrounding seascape. Moreover, the expansive aft of the yacht provides additional space for socialising and entertainment. Guests can gather, share stories, enjoy cocktails, or even dine alfresco while being surrounded by the water and scenic views.<img src="https://photo-assets.superyachttimes.com/photo/272513/image/large-84a920f8016fbe0c6b1d4da4bb1727b5.jpg" data-gid="gid://syiq/Photo/272513"><img src="https://photo-assets.superyachttimes.com/photo/272515/image/large-92fb82dc90d6c05d4992b740c70c1ed7.jpg" data-gid="gid://syiq/Photo/272515">The<a href="https://www.superyachttimes.com/yachts/lazzara/for-sale" rel="noopener noreferrer" target="_blank" title="">&nbsp;Lazzara yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU&nbsp;</a>engines, which give her a cruising speed of 20 knots and a top speed of 26 knots. The yacht carries 16,275 litres of fuel onboard, and 2,271 litres of water.

35m Lazzara motor yacht QTR for sale 

New to the market: motor yacht QTR for sale. She is a 35m Lazzara yacht built in 2009. 

35m Lazzara motor yacht QTR on the market

The 38.5-metre <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> motor yacht <a data-gid="gid://syiq/Yacht/2230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss Easy38.5m (126'4&quot;)Sanlorenzo2009">Bliss Easy</a> sold in a deal with Dimitris Kyriazakos of <a data-gid="gid://syiq/Company/2510" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="EKKA Yachts (Company)">EKKA Yachts</a> introducing the buyer and Gregory Gheraïa of <a data-gid="gid://syiq/Company/4568" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Black Orange Yachts (Company)">Black Orange Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/20113/image/large-e924b668420d455ff9b516be8d459414.jpg" data-gid="gid://syiq/Photo/20113">Delivered in 2009 as part of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> Alloy 40 series, <a data-gid="gid://syiq/Yacht/2230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss Easy38.5m (126'4&quot;)Sanlorenzo2009">Bliss Easy</a> features exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a>, with naval architecture by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>. <img src="https://photo-assets.superyachttimes.com/photo/20123/image/large-8b0246f44636ddc7abd3a5b5e15432cb.jpg" data-gid="gid://syiq/Photo/20123"><a data-gid="gid://syiq/Yacht/2230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss Easy38.5m (126'4&quot;)Sanlorenzo2009">Bliss Easy</a> can comfortably accommodate up to 10 guests across five staterooms consisting of a master suite, VIP, double and two twins. She also boasts four breathtaking balconies which fold out from the main saloon and the owners’ stateroom.<img src="https://photo-assets.superyachttimes.com/photo/20114/image/large-3bb07a33b381a758ea4de1e43f41f1c9.jpg" data-gid="gid://syiq/Photo/20114">In terms of performance, <a data-gid="gid://syiq/Yacht/2230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss Easy38.5m (126'4&quot;)Sanlorenzo2009">Bliss Easy</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which provide her with a top speed of 26 knots and a cruising speed of 22 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/2230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss Easy38.5m (126'4&quot;)Sanlorenzo2009">Bliss Easy</a> had a last known asking price of €6,900,000.

Sanlorenzo motor yacht Bliss Easy sold

The 39m Sanlorenzo motor yacht Bliss Easy sold with a last known asking price of €6,900,000.

39m Sanlorenzo motor yacht Bliss Easy sold

The 59-metre<a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">&nbsp;Metalships&nbsp;</a>motor yacht <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe&nbsp;</a>has joined the market. Delivered in 2017, the motor yacht at the time was the largest ever to have been designed and built in Spain. She poses a rare opportunity to purchase a yacht in impeccable condition, having never cruised with an owner.<img src="https://photo-assets.superyachttimes.com/photo/272614/image/large-8db779277f91582a621825384f7d3e82.jpg" data-gid="gid://syiq/Photo/272614">The high-volume <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is from <a data-gid="gid://syiq/Company/1874" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acubens (Company)">Acubens Naval Architects’</a> drawing boards and features a <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcello Penna (Company)">Marcelo Pena Yacht Design</a> interior. The 1,043 GT <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale&nbsp;</a>was built for long passages complete with exceptional onboard storage solutions and a trans-Pacific which is also one of her defining characteristics.<img src="https://photo-assets.superyachttimes.com/photo/272598/image/large-7e1bd9bd32b83931406d9f4614da104e.jpg" data-gid="gid://syiq/Photo/272598"><a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a> can accommodate up to 12 guests across six opulent guest suites. <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a> features a full beam owner’s suite located on the main deck, with a private study, walk-in wardrobe, and his-and-hers bathrooms. Natural light pours through the windows, creating a haven for relaxation. The guest suites - an upper deck VIP, two double and two twin staterooms on the lower deck, are a luxurious oasis of comfort. The neutral panelling and soft furnishings paired with the dark wooden furniture and colourful accents create a warm and welcoming atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/272613/image/large-1742319036c5b435a9384e1a72167c13.jpg" data-gid="gid://syiq/Photo/272613"><img src="https://photo-assets.superyachttimes.com/photo/85543/image/large-c3da9d842ed292d372d3148280eadc1c.jpg" data-gid="gid://syiq/Photo/85543"><a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a> offers impressive living spaces, with a full beam sky lounge on the upper deck and a spacious main saloon leading to the interior dining table. A highlight of the superyacht is herglass elevator which enables a seamless transition from the lower guest cabins all the way to the sun deck, allowing guests to arrive in style with sweeping vistas. <img src="https://photo-assets.superyachttimes.com/photo/272619/image/large-4727695bf79e0f1eb03d73fae79e421c.jpg" data-gid="gid://syiq/Photo/272619">The <a href="https://www.superyachttimes.com/yachts/maybe/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Maybe for sale</a> has an exterior dining table on the upper deck that can extend to seat 16 guests. The stylish beach club has a bar, a relaxed seating zone as well as a Jacuzzi, perfect for reclining by the water with an unparalleled view.<img src="https://photo-assets.superyachttimes.com/photo/272610/image/large-11bd1f7481559f8dc82064213870edee.jpg" data-gid="gid://syiq/Photo/272610"><img src="https://photo-assets.superyachttimes.com/photo/272604/image/large-562b77674b4a608d7c1440baa15962d6.jpg" data-gid="gid://syiq/Photo/272604">Other key features on <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a> include a helideck and an aft beachclub adjacent to the swim area. <img src="https://photo-assets.superyachttimes.com/photo/272616/image/large-4d02988bb40a3093e5f7d97d21b314f0.jpg" data-gid="gid://syiq/Photo/272616">The <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships</a> yacht for sale has a 6,500 nautical mile cruising range, <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a> presents a multitude of possibilities for global cruising. She has been maintained to the highest standard with each of her twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines which enable her to have a cruising speed of 12 knots and a top speed of 15 knots. Moreover, she counts fewer than 1,800 hours of running time.

59m Metalships motor yacht Maybe for sale

Metalships motor yacht Maybe has joined the market having never been cruised by her owner. 


59m Metalships motor yacht Maybe is for sale having never been cruised by her owner 

The 30.48-metre <a data-gid="gid://syiq/Company/488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Broward Marine (Company)">Broward</a> motor yacht <a data-gid="gid://syiq/Yacht/782" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A Place In The Sun30.48m (100'0&quot;)Broward Marine1992">A Place In The Sun</a> is set to sell at auction with <a data-gid="gid://syiq/Company/6884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boathouse Auctions (Company)">Boathouse Auctions</a>. The sale will take place on 22 June 2023, following a $700,000 price reduction. <img src="https://photo-assets.superyachttimes.com/photo/230237/image/large-0ea4bbd40814510e54b96da1f99705d2.jpg" data-gid="gid://syiq/Photo/230237"><a data-gid="gid://syiq/Yacht/782" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A Place In The Sun30.48m (100'0&quot;)Broward Marine1992">A Place In The Sun</a> will sell without a reserve price to the highest bidder with <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> acting as the listing agent. Launched in 1992 from the United States, she has been continuously updated since her delivery, including a reconfiguration in 2021.Her extensive $4 million refit included an aft deck stairway installed, as well as a new radar arch, mast and hardtop. Her reconfiguration also saw not one, but two Jacuzzis added to the exterior of the motor yacht for sale.<img src="https://photo-assets.superyachttimes.com/photo/230236/image/large-fbed19940220a3b1c53bcb922b3ac37a.jpg" data-gid="gid://syiq/Photo/230236"><img src="https://photo-assets.superyachttimes.com/photo/230238/image/large-e7c307ba3acc67ad596c4c6f2e1ea700.jpg" data-gid="gid://syiq/Photo/230238"><a href="https://sya.superyachttimes.com/yachts/a-place-in-the-sun" target="_blank">A Place In The Sun</a> has a light and airy saloon with ample seating for guests and a new bar. She also has an open plan design that allows for a U-shaped dining area for guests to enjoy in the same room.<img src="https://photo-assets.superyachttimes.com/photo/230224/image/large-7a05ba1118ee6302de95e9421375c452.jpeg" data-gid="gid://syiq/Photo/230224"><img src="https://photo-assets.superyachttimes.com/photo/230232/image/large-2a7f523e44feabc151e9cd24014e9591.jpeg" data-gid="gid://syiq/Photo/230232"><img src="https://photo-assets.superyachttimes.com/photo/230228/image/large-17bc453b535d53d2e9a333d8200e1594.jpeg" data-gid="gid://syiq/Photo/230228"><img src="https://photo-assets.superyachttimes.com/photo/230226/image/large-c327a1be0ced047226de48f980e8ebfe.jpeg" data-gid="gid://syiq/Photo/230226"><img src="https://photo-assets.superyachttimes.com/photo/230222/image/large-611b6a8ff407e285a76070b1da885fdb.jpeg" data-gid="gid://syiq/Photo/230222">The <a href="https://www.superyachttimes.com/yachts/broward/for-sale" target="_blank">Broward yacht for sale</a> is able to accommodate up to 13 guests across five well-appointed staterooms including two master staterooms, one VIP stateroom, one twin stateroom with pullman and one bunked stateroom with four single berths. She is also capable of carrying a crew of five onboard.<img src="https://photo-assets.superyachttimes.com/photo/230242/image/large-63b2ff2ddd13b7bd1214bad71ff5a01d.jpg" data-gid="gid://syiq/Photo/230242">The <a href="https://www.superyachttimes.com/yachts/for-sale" target="_blank">yacht for sale</a> features a functional, but spacious layout, allowing for open and private areas throughout the yacht. Her flybridge offers guests the choice of two Jacuzzis with a full bar for entertaining.<img src="https://photo-assets.superyachttimes.com/photo/230230/image/large-d2b40e66706fc6aba708a47a069ac551.jpeg" data-gid="gid://syiq/Photo/230230">Performance-wise, <a href="https://sya.superyachttimes.com/yachts/a-place-in-the-sun" target="_blank">A Place In The Sun</a> is equipped with twin <a href="https://sya.superyachttimes.com/companies/detroit-diesel" target="_blank">Detroit Diesel</a> engines that provide her with a top speed of 18 knots and a comfortable cruising speed of 15 knots.<img src="https://photo-assets.superyachttimes.com/photo/230234/image/large-a9c2546e4822d1d48b08b35310033208.jpeg" data-gid="gid://syiq/Photo/230234">

Broward yacht A Place In The Sun to be sold at auction

The 30m Broward motor yacht A Place In The Sun is set to sell at auction with Boathouse Auctions.

30m Broward motor yacht A Place In The Sun to be sold at auction

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

Electrical services companies Alewijnse and Tijssen Elektro merge

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

Alewijnse and Tijssen Elektro merge to strengthen yacht electrical services

The 32.2-metre <a href="https://sya.superyachttimes.com/companies/sanlorenzo" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo</a> SL106A yacht <a data-gid="gid://syiq/Yacht/11982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QII32.2m (105'8&quot;)Sanlorenzo2022">QII</a> previously known as <a href="https://sya.superyachttimes.com/yachts/qii" rel="noopener noreferrer" target="_blank" title="">Montaña</a>, sold in an in-house deal with <a data-gid="gid://syiq/Company/2223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HMY Yacht Sales (Company)">HMY Yacht Sales</a> brokers Alejandro Javier Navarro, representing the buyer, and Simon Graham representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/243832/image/large-fbb475c60232d1c3c0f782f47d690f89.jpeg" data-gid="gid://syiq/Photo/243832"><img src="https://photo-assets.superyachttimes.com/photo/241631/image/large-c8c07bd7d825cb01ecf444404f4cb177.jpg" data-gid="gid://syiq/Photo/241631">The flybridge yacht <a data-gid="gid://syiq/Yacht/11982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QII32.2m (105'8&quot;)Sanlorenzo2022">QII</a> was delivered in 2022 from Italy as part of the <a data-gid="gid://syiq/Yacht/11982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QII32.2m (105'8&quot;)Sanlorenzo2022">Sanlorenzo</a> SL106 Asymmetric series and sports an exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a>. The 189 GT motor yacht can accommodate as many as 10 guests across her five staterooms.<img src="https://photo-assets.superyachttimes.com/photo/219121/image/large-e84601a36b2c37f8c5cca94739d5720b.jpeg" data-gid="gid://syiq/Photo/219121"><img src="https://photo-assets.superyachttimes.com/photo/219122/image/large-529fbc8159a641bcba5ffb54c414ffae.jpeg" data-gid="gid://syiq/Photo/219122"><img src="https://photo-assets.superyachttimes.com/photo/243833/image/large-b49ba8bafc2f325e4061b7614db9a9ef.jpeg" data-gid="gid://syiq/Photo/243833"><a data-gid="gid://syiq/Yacht/11982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QII32.2m (105'8&quot;)Sanlorenzo2022">QII</a> is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU&nbsp;</a>16V 2000 M96 Diesel engines that provide her with a top speed of 28 knots and a cruising speed of 24 knots. At the time of her sale, the yacht <a data-gid="gid://syiq/Yacht/11982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QII32.2m (105'8&quot;)Sanlorenzo2022">QII</a> had a last known asking price of $10,899,000. <img src="https://photo-assets.superyachttimes.com/photo/243873/image/large-988a1ddedef95b0e47f7b43d77bce3e2.jpeg" data-gid="gid://syiq/Photo/243873">

32m Sanlorenzo motor yacht QII sold

France-based builder <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> has announced that the fourth hull in the <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> Commuter 108 yacht series is nearing completion. The 32.7-metre motor yacht has entered the final stages of construction in Les Sables-d’Olonne. <img src="https://photo-assets.superyachttimes.com/photo/272520/image/large-55ac3301d4b174db658fc91eecb2b58e.jpg" data-gid="gid://syiq/Photo/272520">The hull of the custom-made project was built in <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a>’s aluminium workshop in Fontenay-le-Comte, before being transferred in May 2022. Her superstructure was simultaneously built and installed in September, and her final silhouette was completed in November.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/55655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea transports hull of 33m Ocea Commuter 108 New to outfitting facilities (2022-07-28 12:30:00 +0200)">Ocea transports hull of 33m Ocea Commuter 108 New to outfitting facilities<img src="https://photo-assets.superyachttimes.com/photo/272525/image/large-538be643638ca150dad18882edd1cb57.jpg" data-gid="gid://syiq/Photo/272525"></a>The <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> Commuter 108 yacht saw the installation of twin engines and generators, with a number of operations relating to her pipework and electrical systems also completed. The yacht is now ready for her coating phase, with plastic film surrounding her in preparation for this process.<img src="https://photo-assets.superyachttimes.com/photo/272523/image/large-9c65898f68b90cca790f81c7dc88a579.jpg" data-gid="gid://syiq/Photo/272523">The hull is coated with several layers of resin to smooth out any rough patches, and the layers are smoothed with large rulers, and sanded down to thin layers to obtain a flat surface. The temperature is rigorously controlled for the resin to set, and her plastic film is filled with heated air to aid the process. After this is complete, the <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> Commuter 108 yacht will be sprayed with a final layer of lacquer in the colour chosen by the owner.<img src="https://photo-assets.superyachttimes.com/photo/272524/image/large-9c4746fe0de35443d2761b14c1722987.jpg" data-gid="gid://syiq/Photo/272524">The <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> Commuter 108 New features an interior and exterior design penned by <a data-gid="gid://syiq/Company/6421" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pierre Frutschi Concept & Design Naval (Company)">Pierre Frutschi Concept &amp; Design Naval</a>, and naval architecture drawn by her builder, <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a>. The motor yacht promises 190 GT of interior volume with and will be fitted with four staterooms, providing accommodation for up to eight guests.<img src="https://photo-assets.superyachttimes.com/photo/272521/image/large-edfdbc9cb92133ed79eb586165efb42b.jpg" data-gid="gid://syiq/Photo/272521">In order to reduce her carbon footprint, ISO Tier III standard engines have been installed to reduce emissions. The yacht is also fitted with the latest generation of batteries and solar panels with optimised energy management.<img src="https://photo-assets.superyachttimes.com/photo/272522/image/large-98090919c0ea173a4d998f1397732f96.jpg" data-gid="gid://syiq/Photo/272522">The <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> Commuter 108 yacht is due to launch in the next weeks where she will then complete her sea trials. The <a data-gid="gid://syiq/Company/416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocea (Company)">OCEA</a> shipyard will then free up space and create a slot for the construction of a yacht of a similar size which would be delivered in 2025.

Fourth OCEA Commuter 108 yacht nears completion

OCEA has announced that the fourth hull in the OCEA Commuter 108 yacht series is nearing completion.

Fourth 33m OCEA Commuter 108 yacht nears completion

The Italy-based shipyard <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> has released new images of the 88-metre yacht <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a>, following her extensive refit. The iconic sailing yacht underwent a major and innovative refit at <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> performed at the Livorno yard and was relaunched in April 2023.<img src="https://photo-assets.superyachttimes.com/photo/272553/image/large-d314dfaca42d204550922ddc821cf509.jpg" data-gid="gid://syiq/Photo/272553">Commissioned by Tom Perkins and built in 2006 by <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>, <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a> has retained her revolutionary status as one of the largest sailing yachts in the world. She features naval architecture 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 interior design by <a data-gid="gid://syiq/Company/148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ken Freivokh Design (Company)">Ken Freivokh</a>, with her refit taking more than six months to be completed. <img src="https://photo-assets.superyachttimes.com/photo/272542/image/large-c802e889a0badd86246f55b9bb00cbe0.jpg" data-gid="gid://syiq/Photo/272542"><img src="https://photo-assets.superyachttimes.com/photo/272548/image/large-9ad8763ffa2fafc2e9f70a24a72022cd.jpg" data-gid="gid://syiq/Photo/272548">The technical team of experts at <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> were able to make the owner’s needs a reality by providing support for a series of aesthetic and functional improvements. One of the largest and most challenging jobs the team faced was repainting her entire hull in the distinctive ‘<a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini</a> Blue.’Read:&nbsp;<a data-gid="gid://syiq/Article/57492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="88m Perini Navi superyacht Maltese Falcon re-launched following refit (2023-04-28 16:00:00 +0200)">88m Perini Navi superyacht Maltese Falcon re-launched following refit<img src="https://photo-assets.superyachttimes.com/photo/272539/image/large-29ec0d4d81e0860d40de8a0ccdcdd0c4.jpg" data-gid="gid://syiq/Photo/272539"></a>The work took place on the Livorno yard’s floating dock, with a special system designed and built to accommodate the yacht’s six-metre draught. The work centred around sustainability which led to the replacement of her generators with more efficient models that have a lower fuel consumption.<img src="https://photo-assets.superyachttimes.com/photo/272550/image/large-4ea24c385d484d1a69789c4b1f4d07e9.jpg" data-gid="gid://syiq/Photo/272550">“It was a challenging project for all of us, not least because the sheer size of this sailing yacht required us to design and build a special system to accommodate the vessel in dry dock,” commented Gianni Paladino, <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> Commercial Director. “We worked in synergy with the various teams involved in the refit work and with the customer, satisfying their wishes and at the same time suggesting improvements with a view to increasing efficiency and energy savings.”<img src="https://photo-assets.superyachttimes.com/photo/272545/image/large-c522212b9b0f781395b30d76ff559747.jpeg" data-gid="gid://syiq/Photo/272545"><img src="https://photo-assets.superyachttimes.com/photo/272544/image/large-132ad960e42b9a75d0ba30f4d2c2f72e.jpg" data-gid="gid://syiq/Photo/272544">The main engine mufflers of <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a> were also changed to provide significant benefits to the environment and considerable noise reductions. <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a>’s propellers were thoroughly checked, and the shafts, blades and bearings were disassembled and serviced to ensure efficiency in the years to come and to optimise fuel consumption.<img src="https://photo-assets.superyachttimes.com/photo/272540/image/large-f50ae6bd879c381d01b3db2bff696427.jpeg" data-gid="gid://syiq/Photo/272540">The distinctive sailing rig of <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a> underwent extensive work during the refit and required specialist attention for cleaning. Produced by UK-based Insensys, the system is based on three rotating carbon fibre masts capable of deploying up to 2,396 square-metres of sail. This surface area translates into a top speed of 25 knots with a displacement of 1,240 tonnes. <img src="https://photo-assets.superyachttimes.com/photo/272537/image/large-341b91a034331eae37809f0efdd7d695.jpg" data-gid="gid://syiq/Photo/272537"><img src="https://photo-assets.superyachttimes.com/photo/272538/image/large-fbd2fc1012a69dea87b960f943f645db.jpg" data-gid="gid://syiq/Photo/272538">The teak deck of <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a> was also replaced and the interiors refurbished to offer guests an even more welcoming, elegant and comfortable night area, plus a fully appointed galley. The work commissioned also included routine maintenance.<img src="https://photo-assets.superyachttimes.com/photo/272535/image/large-6717fb8e17f2cf10c49b275bb47d25b1.jpg" data-gid="gid://syiq/Photo/272535"><img src="https://photo-assets.superyachttimes.com/photo/272541/image/large-81c0e4b24f33ea74da2c6876d4f08443.jpeg" data-gid="gid://syiq/Photo/272541"><img src="https://photo-assets.superyachttimes.com/photo/272536/image/large-ae1f5fd33237b177737c568c13aa0ad2.jpg" data-gid="gid://syiq/Photo/272536">“It was a challenging job and an effort that involved everyone because of the high expectations around the project and the complexity of its planning and execution, but the result is more than satisfactory thanks to the support of the yard and <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>’s team. The <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a> can now return to the sea in all her splendour, regaling her guests with new and unforgettable experiences,” concluded Pierfrancesco Cafaro, captain of <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a>.<img src="https://photo-assets.superyachttimes.com/photo/272554/image/large-757c00f1d4ff1d027fc06b35f28d2feb.jpeg" data-gid="gid://syiq/Photo/272554">

88m Perini Navi yacht Maltese Falcon following her extensive refit

New images of the 88m Perini Navi superyacht Maltese Falcon have been released following her extensive refit at Lusben. 

New images of 88m Perini Navi superyacht Maltese Falcon following her extensive refit

<img src="https://photo-assets.superyachttimes.com/photo/272518/image/large-67d9824ba6a652e047bfd00fa6d6995b.jpg" data-gid="gid://syiq/Photo/272518">Currently docked in the port city of Portsmouth on England’s south coast is the 54-metre superyacht <a data-gid="gid://syiq/Yacht/2803" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Revelry54.3m (178'2&quot;)Amels2012">Revelry</a>. Previously named 4You, she was launched in 2012 as the second hull in Dutch shipyard <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> successful Limited Editions 180 series. Extensively refitted in 2019, <a data-gid="gid://syiq/Yacht/2803" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Revelry54.3m (178'2&quot;)Amels2012">Revelry</a> received further upgrades in 2020. She features an exterior design by <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a> and a modern and refined interior design by <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Laura Sessa</a>. Across her six staterooms including a full-beam master suite located on the main deck, two double, a twin, and two convertibles, she can accommodate up to 12 guests. The 642 GT superyacht hosts large exterior deck spaces and an outdoor Jacuzzi, among other features. <a data-gid="gid://syiq/Yacht/2803" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Revelry54.3m (178'2&quot;)Amels2012">Revelry</a> sports twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 12V 2000 M70 diesel engines that allow her to cruise comfortably at 13 knots and reach speeds of up to 15.5 knots.

54m superyacht Revelry in Portsmouth

The 54m superyacht Revelry, built by Amels, is seen here docked in Portsmouth, United Kingdom.

<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has acquired <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">Island Global Yachting LLC</a> (<a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>) for $480 million, with an additional potential earnout of up to $100 million two years after closing, subject to the achievement of defined performance metrics. <img src="https://photo-assets.superyachttimes.com/photo/217978/image/large-64744b9b43268cb81049eb951dffa500.jpg" data-gid="gid://syiq/Photo/217978"><a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> will continue to run under its branding and with Tom Mukamal, CEO of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, and the IGY Marinas existing management team continuing to lead the growth and operations of the business. It has been forecasted that <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> will generate over $100 million of revenue in calendar 2022 for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>. The acquisition is expected to close in the first half of fiscal 2023 and to be accretive within the first twelve months of closing.<img src="https://photo-assets.superyachttimes.com/photo/209501/image/large-96b66caa72d064abac47b6a07c6e38fb.jpg" data-gid="gid://syiq/Photo/209501">“We are delighted to announce our acquisition of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, a transformative transaction for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, that significantly strengthens our ability to provide the best customer experience to yacht owners around the world,” said W. Brett McGill, Chief Executive Officer and President of <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>. “The addition of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> positions <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> as the preeminent leader in the superyacht industry—the only company able to offer an integrated experience coupling high-value superyacht berthing and marina services in premier locations with exclusive superyacht service offerings. Moreover, this investment continues to diversify our business mix with not only higher margins, but also a larger geographic footprint, especially in highly desired destinations in the Mediterranean and the Caribbean.”<img src="https://photo-assets.superyachttimes.com/photo/217713/image/large-ebe27837f04a2d62eee0fd715e0fc0ab.jpg" data-gid="gid://syiq/Photo/217713">Read:&nbsp;<a data-gid="gid://syiq/Article/52300" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax CEO Brett McGill on the future of the industry giant (2021-03-01 12:30:00 +0100)">MarineMax CEO Brett McGill on the future of the industry giant</a>Mr. McGill continued, “We are very pleased to strategically expand with <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> and have tremendous respect for their outstanding management team for building a high-quality real estate portfolio of luxury marinas with extraordinary growth potential. <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a> has experienced significant recent growth, as its brand has become sought-after by yacht owners, as well as public and private marina owners worldwide."<img src="https://photo-assets.superyachttimes.com/photo/209500/image/large-7c524839b41ba05a948214148f90b33e.jpg" data-gid="gid://syiq/Photo/209500">Read:&nbsp;<a data-gid="gid://syiq/Article/55080" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas unveils the IGY Trident membership programme (2022-05-04 13:30:00 +0200)">IGY Marinas unveils the IGY Trident membership programme</a>"This investment aligns with our ongoing strategic acquisition plan, including our superyacht business, to selectively expand our service offerings with acquisitions of high growth, high margin businesses. Furthermore, we strongly believe that <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a> will offer our <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> and <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop and Johnson (Company)">Northrop &amp; Johnson</a> current and future superyacht customers the opportunity to enhance their yachting experiences by providing them access to the world’s only superyacht marina network.”<img src="https://photo-assets.superyachttimes.com/photo/226037/image/large-26e68bc258e8aa0fe04cce30a1847dcf.jpg" data-gid="gid://syiq/Photo/226037">Read:&nbsp;<a data-gid="gid://syiq/Article/55614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY signs temporary concession agreement for a superyacht marina in Ibiza (2022-07-21 17:30:00 +0200)">IGY signs temporary concession agreement for a superyacht marina in Ibiza</a>“We are excited to join the <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> Family and its experienced management team,” said Tom Mukamal, CEO of <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>. “<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> brings significant resources, synergies, and competitive advantages to our business, amplifying our potential for both organic and inorganic growth."<img src="https://photo-assets.superyachttimes.com/photo/226038/image/large-2e75c5c9b7b860a4001ea6caff367d81.jpeg" data-gid="gid://syiq/Photo/226038">Read:&nbsp;<a data-gid="gid://syiq/Article/54689" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title='"Consolidation in yacht brokerage is inevitable": Daniel Ziriakus of Northrop and Johnson (2022-03-03 14:00:00 +0100)'>"Consolidation in yacht brokerage is inevitable": Daniel Ziriakus of Northrop and Johnson</a>"With <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY</a>’s irreplaceable destination portfolio, demonstrated track record of successful acquisitions and a robust pipeline, we are confident in our collective ability to strengthen and build on our position as the global leader in superyacht and luxury marina destinations and related services.

MarineMax acquires IGY Marinas for $480 million

MarineMax has acquired IGY Marinas for $480m, with an additional potential earnout of up to $100m two years after closing.

<a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> and <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> have secured a partnership, and the American dealer will now be the exclusive North American distributor of <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>’s production line of catamarans.<img src="https://photo-assets.superyachttimes.com/photo/184954/image/large-cb047084464f2702c524eb07295a896c.jpg" data-gid="gid://syiq/Photo/184954">“We are thrilled to be working with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>,” Marcello Maggi, President of W-Fin Sarl, the holding Company that owns 100 percent of <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> equity, said. “Their vast network of dealerships and deep experience with yachting and its people is unsurpassed in the American market. We believe that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> will be able to make <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> a household name among American boaters.”<img src="https://photo-assets.superyachttimes.com/photo/218829/image/large-96bb2c59cf32b2a6ee202b0be37ae7f7.jpg" data-gid="gid://syiq/Photo/218829">“Furthermore,” Maggi added. “We were very impressed by <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>’s service capabilities as well as their aftercare, including after-sales assistance and spare-part services. We are confident that <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> will keep our catamarans running smoothly, and our customers happy, for many years to come.”<img src="https://photo-assets.superyachttimes.com/photo/218830/image/large-ef2d7435edc276b83aaf0dcc72019581.jpg" data-gid="gid://syiq/Photo/218830"><a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> is one of the world’s largest boat dealerships, with operations in over 100 locations. <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>, on the other hand, is a key player in building top-tier and eco-conscious yachts. <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> currently has five units of its new WiderCat92 series underway, all of which are scheduled to be delivered in either 2023 or 2024. Notably, two are destined for the American market. <img src="https://photo-assets.superyachttimes.com/photo/218831/image/large-7ef1fbb54c2ffb89d751ffa81dba1ce1.jpg" data-gid="gid://syiq/Photo/218831"><a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> has stated that it will keep a strict division between the distribution of its catamarans and its superyachts. The latter category includes its recently unveiled full custom project Moonflower 72.Read:&nbsp;<a data-gid="gid://syiq/Article/55154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta and Wider announce sale of 72m hybrid superyacht Moonflower 72, now in-build (2022-05-17 10:45:00 +0200)">Nauta and Wider announce sale of 72m hybrid superyacht Moonflower 72, now in-build</a><a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> Chief Revenue Officer Chuck Cashman commented, “<a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>'s cutting-edge technologies and luxurious Italian design style strengthen our ability to provide the best customer experience to boat and yacht owners around the world. Their unique offering fits perfectly in our brand lineup, and I know our customers, and team members for that matter, will be excited to get some hands-on interactions with the new WiderCat 92.”

Wider and MarineMax partnership

Wider and MarineMax secured a partnership that gives the dealer exclusive North American distribution rights of Wider’s production catamarans. 

Wider and MarineMax announce partnership

Dutch investment company Parcom has announced that it’s investing in <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a>, and now owns a minority interest in the Netherlands-based yacht building firm. <img src="https://photo-assets.superyachttimes.com/photo/233566/image/large-f9cb842c85f64c2f0fa34f8760b59981.png" data-gid="gid://syiq/Photo/233566">Commenting on the news, <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> stated that it has “found a partner in Parcom to ‘support further growth’ as it aims to double turnover to €200,000,000 within a few years.&nbsp;The Wajer family will stay at the helm of the company and will remain the major shareholders. “Parcom is the fifth person around the table,” Dries Wajer commented. “The investor is a good sparring partner and has an affinity with the yacht sector. We can benefit from that.” <img src="https://photo-assets.superyachttimes.com/photo/197788/image/large-9be630cca7c2def67a8ccef6d09d8dae.jpeg" data-gid="gid://syiq/Photo/197788">This is not the first foray into yachting for Parcom as it has already invested in <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman Shipyard BV (Company)">Royal Huisman</a>, a leading builder of aluminium sailing yachts. It has been said that Parcom typically invests in companies with an annual turnover between €50,000,000 and €100,000,000 and an operating result of €10,000,000 to €50,000,000. <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> is situated at the higher end of these figures, as it has a turnover of approximately €100,000,000 and employs more than 250 people.&nbsp;The newly forged partnership between Parcom and <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> gives the yacht builder an opportunity to further its commitment to sustainability, while simultaneously accelerating its international expansion plans.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/197786/image/large-6eb1339e10d3f23fcdbae8587bb5b49b.jpeg" data-gid="gid://syiq/Photo/197786">Read:&nbsp;<a data-gid="gid://syiq/Article/54398" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard sold to Chinese investors to finance growth in the European and Asian markets (2022-01-10 15:30:00 +0100)">Balk Shipyard sold to Chinese investors to finance growth</a><a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> has only recently announced (June) its acquisition of <a data-gid="gid://syiq/Company/6784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaadnoordijk Yachtbuilders (Company)">Zaadnoordijk Yachtbuilders</a> from Heerenveen. The yacht builder now has a production facility that spans 5,000 square-metres and three shipyards, located in Heeg, Lemmer and Heerenveen – all in the Netherlands. <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer Yachts</a> also has a maintenance yard in the south of France and a recently opened harbour in Miami, the United States, dubbed the <a data-gid="gid://syiq/Company/1484" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wajer Yachts (Company)">Wajer</a> Marina Bay. It also operates numerous international service hubs.&nbsp;

Parcom stakes minority investment in Wajer Yachts  

Dutch investing company Parcom has announced that it’s investing in Wajer Yachts,

Parcom invests in Wajer Yachts as yacht builder aims to double turnover to €200m

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has reported a strong growth for their half-year results with an impressive order backlog of over €1.2 billion for H1 2022. The Board of Directors of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> SpA also reviewed and approved the Group’s H1 2022 consolidated financial results.<img src="https://photo-assets.superyachttimes.com/photo/170889/image/large-ad62b45ff4fcaff3c8777b9dcaceec0b.jpg" data-gid="gid://syiq/Photo/170889">The Italian-based group reports a strong order book for 2022 with an intake of €641.9 million in H1, up by 30 percent for the same period in the previous year, which the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> puts down to a strong global market demand. They have also won a significant number of orders during this period with a backlog of €1.218 billion in H1 2022, up by 49 percent on H1 of 2021<img src="https://photo-assets.superyachttimes.com/photo/115064/image/large-fa91ae15855e3526c9118f6d7536a1b5.jpg" data-gid="gid://syiq/Photo/115064">The impressive order backlog breakdown comes from composite yachts, made-to-measure yachts and superyachts, as well as other businesses, including FSD and <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> Sail. The majority of the backlog comes from made-to-measure yachts which reached €400.7 million at June 2022 and made up 33 percent of the portfolio.Overall, the net revenue for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is up by 17 percent on figures from the same period last year. The total stands at €534.9 million in H1 2022 and is thanks to the significant number of orders that were won in 2021. In terms of the overall breakdown, composite yachts accounted for approximately 43.7 percent of this figure with a total revenue of €233.7 million in H1 2022. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951">“The market is at an extraordinary point, although our strong growth owes particularly to our hard work. We are investing in continued innovation and consistently unveiling new models. Every aspect is painstakingly considered, from its design to the technology, while continually looking to reduce our environmental footprint,” said Alberto Galassi, the Group’s Chief Executive Officer.The strong performance results for 2022 have been accredited to three main factors; The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has seen a longer waiting list due to the extensive order book, which means greater pricing power. They have also strategically positioned themselves to create a stronger presence in the made-to-measure market, which is currently the most profitable. As well as this, they have also seen a more efficient absorption of fixed costs.<img src="https://photo-assets.superyachttimes.com/photo/208163/image/large-eaf7526f6effd7e21196914eae7d6d11.jpeg" data-gid="gid://syiq/Photo/208163">The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> also reports an adjusted EBITDA of €69 million in H1 2022, a growth of 30.2 percent in 2021 with a margin of 13.5 percent in H1 2022, up by 110 basis points in 2021. They also have a net profit of €29.9 million in H1 2022, which amounts to a growth margin of 5.9 percent from the same period last year. This increases 40 basis points on H1 2021 at 5.5 percent.Some of the significant events that have contributed to the H1 results include the presentation of Anniversario, a limited-edition <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> model to celebrate the 60th anniversary of the historic Aquarama model. <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> also welcomed the 31-metre <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 102 Corsaro Super to her fleet with the first one launched in May.Other notable unveiling included the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>power58, the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti Yachts</a> 580, the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> 860 and the Custom Line 140, the largest yacht to ever built in composite by the brand. <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> also presented the second alloy superyacht of the period, the 52-metre <a data-gid="gid://syiq/Yacht/10294" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ciao52.0m (170'7&quot;)CRN2022">Ciao</a>.

Ferretti Group reports strong growth and order backlog of €1.2b for half-year results

The Ferretti Group has reported a strong growth for their half-year results with an impressive order backlog of over €1.2 billion for H1 2022.

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has reported strong financial success for 2022 with an order book totalling €922 million for the first half of the year. <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> is responsible for brands such as <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> and <a data-gid="gid://syiq/Company/194" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NCA Refit (Company)">NCA Refit</a>.<img src="https://photo-assets.superyachttimes.com/photo/112639/image/large-71dd2b977d22350f5c9d5439c079055c.jpg" data-gid="gid://syiq/Photo/112639"><a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>’s financial report shows a total revenue of €133 million for the first half of the year, a 64 percent increase compared to figures from the same period last year. This result is mainly related to the regular progress of the projects under construction for a total of 36 orders, including 19 <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a> for Lamborghini 63.“The excellent results recorded in the first half of 2022 confirm the solidity of our Company’s development project in line with the guidance for 2022, despite a complex macroeconomic and geopolitical environment.” said Giovanni Costantino, Founder &amp; CEO of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>.<img src="https://photo-assets.superyachttimes.com/photo/190633/image/large-7468869e75590740becc83b9377c52b9.jpg" data-gid="gid://syiq/Photo/190633">The total value of the order book is equal to €922 million, while the net backlog stands at €537 million. “We continue to strengthen our brands in new markets, with exciting growth opportunities and great commercial commitment for all products, as proven by the new partnership agreements signed with leading international brokers, as well as by the expansion of our commercial presence in strategic locations,” added Giovanni Costantino.The EBITDA is equal to €20 million with a 93.7 percent increase from the same figure in 2021. The EBITDA Margin is also equal to 15 percent versus 12.7 percent &nbsp;in the first six months of 2021. Throughout the first six months of 2022, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> recorded investments for €7 million, related to the progress of the two investment plans, ‘<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> 4.0’ and ‘<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> 4.1,’ as well as the start-up of the two shipyards in La Spezia and Viareggio.<img src="https://photo-assets.superyachttimes.com/photo/112610/image/large-6b595c6fe87f7f7af57c4e9819f95634.jpg" data-gid="gid://syiq/Photo/112610">“In the coming months, we will continue to carry on the activities planned to relaunch the <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, which continue to generate a strong interest from owners all over the world, especially in the Americas, Asia and Middle East,” commented Giovanni Costantino.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> also reports a net financial debt of €47 million with respect to a positive Net Financial Position for €41 million at December 31st 2021. The change of €88.4 million reflects the cash outflow due to the acquisition of <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> for €75 million, the investments carried out during the first half of 2022 for the progress of the ‘<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> 4.0’ and ‘<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> 4.1’ projects and the fine tuning of the Viareggio and La Spezia production facilities.<img src="https://photo-assets.superyachttimes.com/photo/225663/image/large-4adca56b9beb663373403b7ecd9ec202.png" data-gid="gid://syiq/Photo/225663">“By the end of the year, we will present a complete restyling of the Perini Navi fleet and unveil the model of the ‘new <a data-gid="gid://syiq/Yacht/385" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maltese Falcon88.0m (288'9&quot;)Perini Navi2006">Maltese Falcon</a>’, which will be absolutely iconic and innovative both in terms of aesthetics and technology,” added Giovanni Costantino.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>’s Board of Directors has furthermore resolved the acquisition of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> Turkey Yat Tersanecilik Anonim Sirketi (“<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> Turkey”) shares from GC Holding S.p.A. for a price of €150,000, bestowing Chairman Filippo Menchelli with the power to sign the related deeds.<img src="https://photo-assets.superyachttimes.com/photo/112602/image/large-83d8f9f4f844b2efdd06aa331d198748.jpg" data-gid="gid://syiq/Photo/112602">This operation will allow the Company to consolidate the entire production process, granting a more integrated and quality-oriented management of the operations. Moreover, it will enable to favour the investment strategy directly from <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> Turkey from a perspective of business growth.

The Italian Sea Group reports a €922m order book for first half of 2022

The Italian Sea Group has reported strong financial success for 2022 with an order book totalling €922 million for the first half of the year.

Yacht fires and superyacht casualties

SuperYacht Times has rounded up all the casualties (and near casualties) so far this year.

Full round-up of yacht fires and casualties of 2022

(Update 17-08-22 14:30 Update: 44m&nbsp;<a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a>&nbsp;superyacht&nbsp;<a data-gid="gid://syiq/Yacht/8466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aria SF43.7m (143'4&quot;)ISA Yachts2022">Aria SF</a>&nbsp;sinks following fire in Ibiza)<img src="https://photo-assets.superyachttimes.com/photo/237128/image/large-198290c421d81d2798e53e1a7228a4b7.jpeg" data-gid="gid://syiq/Photo/237128">The remains of the 43.7-metre <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> superyacht <a data-gid="gid://syiq/Yacht/8466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aria SF43.7m (143'4&quot;)ISA Yachts2022">Aria SF</a> sank near Cap Martinet, Ibiza where she was anchored. Local news companies report that she sank between 7pm-7:30pm on Sunday 14 August.The head of Maritime Rescue in the islands, Miguel Chicón, told the local news website Diario de Ibiza that superyacht <a data-gid="gid://syiq/Yacht/8466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aria SF43.7m (143'4&quot;)ISA Yachts2022">Aria SF</a> was towed to the coast to facilitate the refloating of the ship in case of sinking. Her owner had agreed to her transfer to a port towards Ibiza but she was deemed too dangerous to enter.&nbsp;“The biggest concern following the sinking of the wreckage of the luxury yacht is the possibility of contamination of the marine environment by dumping. It is, however, a fear that has never ceased to be present since the long work to secure the ship after its fire began,” said Chicón.&nbsp;At this time, no injuries or contamination have been reported.<img src="https://photo-assets.superyachttimes.com/photo/237129/image/large-352039b64abb14eddb260a18fb1798c3.jpeg" data-gid="gid://syiq/Photo/237129">(11-08-22 20:00 New 44m&nbsp;<a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a>&nbsp;superyacht&nbsp;<a data-gid="gid://syiq/Yacht/8466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aria SF43.7m (143'4&quot;)ISA Yachts2022">Aria SF</a>&nbsp;destroyed in fire off Formentera)The brand new 43.7-metre <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> superyacht <a data-gid="gid://syiq/Yacht/8466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aria SF43.7m (143'4&quot;)ISA Yachts2022">Aria SF</a> has been destroyed in a fire off the coast of Cala Saona, Formentera in Spain. The news was first broke when images were shared on social media. The <a href="https://www.superyachttimes.com/yacht-news/45m-motor-yacht-aria-sf-launched" rel="noopener noreferrer" target="_blank" title="">superyacht was launched by the Italian shipyard in April</a> and <a href="https://www.superyachttimes.com/yacht-news/onboard-isa-s-45m-superyacht-aria-sf" rel="noopener noreferrer" target="_blank" title="">delivered only last month</a>. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236803/image/large-3897823bc2343ed5ec82dcc36d03a8b4.jpg" data-gid="gid://syiq/Photo/236803">The online news outlet diariodeibiza.es has now published an article announcing that the Civil Guard were called to the yacht after smoke appeared, which was visible from as far away as Ibiza. According to the article, the Salvamento Marítime were alerted to the fire at around 5pm this evening, and sent two boats to the scene.<a href="https://www.superyachttimes.com/yacht-news/onboard-isa-s-45m-superyacht-aria-sf" rel="noopener noreferrer" target="_blank" title="">Read: A first look onboard ISA’s 45m superyacht Aria SF</a><img src="https://photo-assets.superyachttimes.com/photo/236802/image/large-14240c39f3589b9d8ef0843ecf597820.jpg" data-gid="gid://syiq/Photo/236802">Teams from the Salvamar Acrux and the Guardamar Concepción Arenal are currently working to reduce the flames, and the emergency services have reported that all those onboard, including seven crew members, have been evacuated safely.<img src="https://photo-assets.superyachttimes.com/photo/236804/image/large-55b16e68ecd0445af18cc2edb4aa7757.jpg" data-gid="gid://syiq/Photo/236804">The cause of the blaze is currently unknown.<img src="https://photo-assets.superyachttimes.com/photo/236807/image/large-2bf5670e674cf890b1ce4205a312c272.jpg" data-gid="gid://syiq/Photo/236807"><img src="https://photo-assets.superyachttimes.com/photo/236809/image/large-2e7340970c1e98b4309fac59d19ff747.jpeg" data-gid="gid://syiq/Photo/236809"> <img src="https://photo-assets.superyachttimes.com/photo/234756/image/large-a78943ea7c1e07f0429162ad0fdb0e6d.jpg" data-gid="gid://syiq/Photo/234756">

44m superyacht Aria SF destroyed in fire

44m superyacht Aria SF has been destroyed in a fire in Formentera, Spain.

Update: 44m ISA superyacht Aria SF sinks following fire in Ibiza

The Italian press reports that the 39.4-metre motor yacht <a data-gid="gid://syiq/Yacht/1592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Saga39.4m (129'3&quot;)Monaco Yachting & Technologies2007">My Saga</a> sunk around 13:00 today in the Gulf of Squillace, about 9 nautical miles off the coast of Catanzaro Marina.<div class="fr-embedly " data-original-embed="<a href='https://www.youtube.com/watch?v=FIGqY-myQi0' data-card-branding='0' class='embedly-card'></a>" style="height: 370px;"><a href="https://www.youtube.com/watch?v=FIGqY-myQi0" data-card-branding="0" class="embedly-card"></a></div><a data-gid="gid://syiq/Yacht/1592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Saga39.4m (129'3&quot;)Monaco Yachting & Technologies2007">My Saga</a> was built in Italy in 2007 under the <a data-gid="gid://syiq/Company/989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yachting & Technologies (Company)">Monaco Yachting &amp; Technologies</a> brand as Yuko. The steel-hulled superyacht was flying the Cayman Islands flag and she was cruising from Gallipoli to Milazzo with an all-Italian crew, who were rescued from the superyacht.<img src="https://photo-assets.superyachttimes.com/photo/237550/image/large-ac11089d3ec5d9aea0aa3405457ada99.jpg" data-gid="gid://syiq/Photo/237550"> <img src="https://photo-assets.superyachttimes.com/photo/237546/image/large-b38be1ebbc3d227520d8ad90b96328d8.png" data-gid="gid://syiq/Photo/237546"> The problems for <a data-gid="gid://syiq/Yacht/1592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Saga39.4m (129'3&quot;)Monaco Yachting & Technologies2007">My Saga</a> started last night when the Port Authority of Crotone received a message from the yacht that they were taking on water at the stern. The CP321 patrol boat from Crotone and a Romanian patrol boat, which is in service on behalf of the Frontex agency, reached out to the yacht and rescued the first passengers.<img src="https://photo-assets.superyachttimes.com/photo/237549/image/large-47204897d3430cff5351f9155b22e1be.jpg" data-gid="gid://syiq/Photo/237549">At dawn, a tugboat from Crotone arrived at the scene and started towing the superyacht towards Crotone, but as can be seen on the video the weather conditions got worse and the vessel was already partly submerged and listing heavily to starboard.<div class="fr-embedly " data-original-embed="<a href='https://www.youtube.com/watch?v=guvbYtaU3qM' data-card-branding='0' class='embedly-card'></a>" style="height: 370px;"><a href="https://www.youtube.com/watch?v=guvbYtaU3qM" data-card-branding="0" class="embedly-card"></a></div><a data-gid="gid://syiq/Yacht/1592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Saga39.4m (129'3&quot;)Monaco Yachting & Technologies2007">My Saga</a>&nbsp;was taking on too much water and eventually sunk. An investigation will be launched to find out the reasons for the yacht’s sinking.<img src="https://photo-assets.superyachttimes.com/photo/237548/image/large-b13f504b88bf7780011358753f97ce7b.jpg" data-gid="gid://syiq/Photo/237548"><img src="https://photo-assets.superyachttimes.com/photo/60171/image/large-9d4b5499f0cc3a157fb62644960e5fcf.jpg" data-gid="gid://syiq/Photo/60171">The photo above shows <a data-gid="gid://syiq/Yacht/1592" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="My Saga39.4m (129'3&quot;)Monaco Yachting & Technologies2007">My Saga</a> in Monaco shortly after she was delivered under the name Yuko.Email us at <a href="mailto:info@superyachttimes.com" title="">info@superyachttimes.com</a> if you have more photos or videos of My Saga.

My Saga yacht sinks off the coast off Italy

The 39.4m My Saga yacht sinks off the coast of Italy. 

39m My Saga yacht sinks off the coast in Italy

New yachts at Cannes Yachting Festival 2022

Merijn de Waard gives a rundown of the coolest new yachts at the New yachts at Cannes Yachting Festival 2022.

Video: The coolest new yachts at Cannes Yachting Festival 2022

The <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> team has announced the completion of a major step in the build of the first <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 Limited Editions. The important milestone saw the keel of the project laid at the Galati facility. <img src="https://photo-assets.superyachttimes.com/photo/235853/image/large-120d2be7c3d96b9bfa8e184142370df5.jpg" data-gid="gid://syiq/Photo/235853">The <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 8001 superyacht 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</a>, with interior design by <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture</a> and naval architecture by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. She was <a data-gid="gid://syiq/Article/54881" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The new Amels 80 Limited Editions unveiled in world premier with Espen Øino and Sinot Yacht Architecture and Design (2022-03-31 19:15:00 +0200)">unveiled earlier this year in an online launch event</a>, with those involved pledging to build in sustainable materials, "leveraging the most suitable and innovative hybrid technology available today."<img src="https://photo-assets.superyachttimes.com/photo/235852/image/large-6d860779076a0045731f1bc8a93e622e.jpg" data-gid="gid://syiq/Photo/235852">The 2,175 GT yacht has since attracted a lot of attention, with high &nbsp;expectations &nbsp;for the largest iteration of the successful Limited Editions series’. “Every new yacht challenges us to push the limits of our absolute mastery. Decades of <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> pedigree, experience and knowhow have fed the creation of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80”, commented Adriaan Roose, Product Manager for <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>.Read: <a data-gid="gid://syiq/Article/55300" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The first Amels 80 Limited Editions superyacht is now in-build (2022-06-07 12:30:00 +0200)">The first Amels 80 Limited Editions superyacht is now in-build<img src="https://photo-assets.superyachttimes.com/photo/235851/image/large-006c9fe262ac15766c702af32405c215.jpg" data-gid="gid://syiq/Photo/235851"></a>The <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 8001 superyacht is able to accommodate up to 14 guests across seven staterooms with a master suite situated on a dedicated owner's deck. Her remaining six staterooms are located on the main deck offering uniquely bright light interiors and excellent sea views.<img src="https://photo-assets.superyachttimes.com/photo/222015/image/large-80b41647dd5d1c0385a28fe5a4f4e8f1.png" data-gid="gid://syiq/Photo/222015">The <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 Limited Edition superyacht also features the largest top deck in her class at 200 square-metres. The aft of the vessel is the main feature of the superyacht, with tiered decks each offering a unique opportunity to enjoy life on the water. The large pool on the main deck features glazing that floods her beach club below with light.<img src="https://photo-assets.superyachttimes.com/photo/222022/image/large-9a6115986ae844a76f1498caf025fc05.png" data-gid="gid://syiq/Photo/222022">The first <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 80 Limited Edition superyacht is on the market and will be available for delivery in Spring 2025.

Keel laid of first Amels 80 Limited Editions superyacht

The Damen Yachting team has announced the laying of the keel of the Amels 8001 Limited Editions superyacht.

<a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> has laid the keel of the 72-metre superyacht Moonflower 72, the first full-custom new build project following the recapitalisation of the brand under Marcello Maggi and W-Fin Sarl. An exclusive ceremony was held &nbsp;in Porto Marghera, Venice, to mark the occasion. <img src="https://photo-assets.superyachttimes.com/photo/239481/image/large-c329690e3f66513899a2e8dcf89d7370.jpg" data-gid="gid://syiq/Photo/239481">The 72-metre superyacht features an exterior design and naval architecture by Nauta Yachts, and she's &nbsp;expected to offer 1,450 GT of interior volume. Moonflower 72 is being constructed out of steel and aluminium for her hull and superstructure, respectively. <img src="https://photo-assets.superyachttimes.com/photo/239479/image/large-39685f4361c4a13023ea4fd47ea4a7d9.jpg" data-gid="gid://syiq/Photo/239479">"Venice, a world icon for its artistic beauty and its lagoon, but at the same time with a rich maritime and shipbuilding tradition, has always fascinated me,” Marcello Maggi, commented. “We chose the production terminal in Porto Marghera precisely because this district contains all the characteristics we were looking for: on the one hand suitable spaces and strong skills matured over decades of activity in metal working; on the other hand the cultural and artistic allure of Venice. All sealed by our experience in yacht building. We have all the elements to be sure of building a highly technological product”.<img src="https://photo-assets.superyachttimes.com/photo/239480/image/large-3698cbc7e3e8f394c38fa2a9f5e482a7.jpg" data-gid="gid://syiq/Photo/239480"><img src="https://photo-assets.superyachttimes.com/photo/239484/image/large-e51b51d37ee8e79f9be5774192748b15.jpg" data-gid="gid://syiq/Photo/239484">The Moonflower 72’s exterior design has been described as being “crisp, uncluttered design without fussy or superfluous detailing is a hallmark of <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a>”. A highlight of the design is the patented ‘The Island’ feature; an expandable aft deck/beach club, thanks to three folding bulwark terraces. <img src="https://photo-assets.superyachttimes.com/photo/239482/image/large-25579ccf097ab9b06bce6dae97c47a56.jpg" data-gid="gid://syiq/Photo/239482">Read:&nbsp;<a data-gid="gid://syiq/Article/55154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta and Wider announce sale of 72m hybrid superyacht Moonflower 72, now in-build (2022-05-17 10:45:00 +0200)">Nauta and Wider announce sale of 72m hybrid superyacht Moonflower 72, now in-build</a><a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> will equip the Moonflower 72 with its latest generation of hybrid propulsion system comprising just two variable-speed generators supplied by <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> Energy Solutions. The shipyard is said to have also paid great attention to the recovery of energy from the electrical propulsion system. <img src="https://photo-assets.superyachttimes.com/photo/48245/image/large-1306d70f764efd133fc7accbfc3a9ab6.jpg" data-gid="gid://syiq/Photo/48245">Moonflower 72 is scheduled to be delivered in 2025. <img src="https://photo-assets.superyachttimes.com/photo/48246/image/large-92b332bdf828d33e66d29ceb5b34c851.jpg" data-gid="gid://syiq/Photo/48246">

72m superyacht Moonflower 72 in-build

Wider has laid the keel of the 72m superyacht Moonflower 72. She is expected to be delivered in 2025. 

Wider lays keel of 72m superyacht Moonflower 72

<a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a>’ latest conversion project, the 70-metre Project Master, arrived at the shipyard’s drydock facility in Harlingen earlier last month. We caught up with the yard to find out more about the progress of this major conversion project, and to learn more about its position in the market since the launch of <a data-gid="gid://syiq/Yacht/6788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ragnar68.2m (223'9&quot;)Koninklijke Niestern Sander2012">Ragnar</a> in 2020. <img src="https://photo-assets.superyachttimes.com/photo/236019/image/large-652f1052304b805423a0baafc7f254dd.jpg" data-gid="gid://syiq/Photo/236019">Project Master will follow in the wake of an earlier conversion project; she’s another Offshore Rescue and Support Vessel that’ll be converted into a global world explorer. Rather than being driven by passion – as superyacht conversions usually are – <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a> is responding to market demands and capitalising on its expertise to deliver conversion projects which follow the same design directive. <img src="https://photo-assets.superyachttimes.com/photo/236022/image/large-9a3830e5727fdfbe6983cec72c1330eb.png" data-gid="gid://syiq/Photo/236022"><a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a> opted for a 66-metre Offshore Supply vessel built by <a data-gid="gid://syiq/Company/2996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kleven Maritime AS (Company)">Kleven Werft</a> in 2001 for the platform of Project Master. They presented a number of possibilities for their client, but this Kleven-build was best suited to his needs: a world cruiser that’s family-orientated and suitable for charter.&nbsp;Project Master has been designed 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>.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236013/image/large-a7e072cd924f9b46ef706a1b8f72785c.jpg" data-gid="gid://syiq/Photo/236013"><img src="https://photo-assets.superyachttimes.com/photo/236018/image/large-8db89403a2f90c5f9a9cc3dff45906ff.jpg" data-gid="gid://syiq/Photo/236018">As <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a> sources new platforms, the shipyard is able to repurpose a great amount of the original vessel. This obviously is positive on the environmental front, but it also reduces lead time for the client and overcomes the great supply chain hurdle. As much as 80 percent of the vessel will be upcycled, a similar amount as occurred with <a data-gid="gid://syiq/Yacht/6788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ragnar68.2m (223'9&quot;)Koninklijke Niestern Sander2012">Ragnar</a>. This allows us to deliver a state-of-the-art explorer without putting a huge drain on raw material resources. <img src="https://photo-assets.superyachttimes.com/photo/236016/image/large-d6926e428438d8b761ef588f9d5cd82f.jpg" data-gid="gid://syiq/Photo/236016">Project Master will offer accommodation for as many as 12 guests across six well-appointed staterooms, comprising two VIPs, three twins and a sublime 135 square-metre owner’s area. The owner’s area has additional privacy as it’s located three decks above the guest area, and boasts 135 square-metres of space. The suite will be fitted with a sleeping area, an office, a lounge and a private terrace.<img src="https://photo-assets.superyachttimes.com/photo/236014/image/large-e20a08006573224ae8ce1cca910e0d33.jpg" data-gid="gid://syiq/Photo/236014">As Project Master is destined for a life of luxurious worldwide exploration, <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a> ensured that her platform had plenty of space to carry all the necessary equipment and tenders. Project Master will offer more than 800 square-metres of exterior space, and plenty of room for an arsenal of tenders, submarines and gear. <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a> will also furnish the platform with a fully certified helicopter deck.<img src="https://photo-assets.superyachttimes.com/photo/236015/image/large-5b1dbb6680938378788c496bbdd88028.jpg" data-gid="gid://syiq/Photo/236015">There are a number of shipyards commissioned for refit projects, but more often than not their clients are looking for a classic platform to be converted into a bespoke one-off project, Tony Gale CEO of <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a>, explained. “We are, of course, a Dutch superyacht builder, so we bring a totally different set of skills and expertise than the commercial sector – skills that perfectly align us with our new vision to become a leading conversion specialist.”<img src="https://photo-assets.superyachttimes.com/photo/236012/image/large-6fe2c1224bd6b5e6c6b52c49643ebb04.jpg" data-gid="gid://syiq/Photo/236012"><a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a> has positioned itself between the commercial and superyacht sector; it draws its platforms from the former and develops them according to the demands of the latter. “We’ve developed a strong expertise from past projects and know where to source the best possible platforms for our clients,” Gale said<img src="https://photo-assets.superyachttimes.com/photo/236020/image/large-16e87ad020de38086d66e81f05eacd5d.jpg" data-gid="gid://syiq/Photo/236020">As luck would have it for <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON</a>, the conversations it was having for another conversion project also steered them to Norway and <a data-gid="gid://syiq/Company/2996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kleven Maritime AS (Company)">Kleven Werft</a>. <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON</a> will be working on the third conversion from this ‘series’ pretty much unilaterally with Project Master. Even though there is a great synergy between these converted research vessels, <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON</a> has ensured that each delivers a unique character and charm – at the end of the day, these are fully-custom projects. <img src="https://photo-assets.superyachttimes.com/photo/236017/image/large-1e28062b85bdc38ffe372c7ed39fd9a2.jpg" data-gid="gid://syiq/Photo/236017">Project Master is now in <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON Yachts</a>’ drydock facility as it enters the next stage of conversion. The second 70-metre platform is at the yard in Harlingen, the Netherlands, and <a data-gid="gid://syiq/Company/429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ICON Yachts (Company)">ICON</a> will start working on this project imminently. &nbsp;

ICON Yachts’ underway with its 70m superyacht conversion Project Master

ICON Yachts’ latest conversion project, the 70-metre Project Master, arrived at the shipyard’s drydock facility in Harlingen earlier last month.

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The 49.98-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht Project Jade has hit another construction milestone as her main superstructure and hull were joined together this week. The semi-displacement yacht is the third hull in the shipyard's popular <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> 5000 Aluminium series.<img src="https://photo-assets.superyachttimes.com/photo/238044/image/large-34ff4b01b55e945afcee7eb7ab4a6c39.jpg" data-gid="gid://syiq/Photo/238044">Project Jade sits just below the 500 GT mark and features exterior design by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a> and naval architecture by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>. Her interior design comes from the design boards of <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a> who has designed her with a contemporary yet cosy feel.<img src="https://photo-assets.superyachttimes.com/photo/238048/image/large-3523b39c025a94d28f8f077a656dbae8.jpg" data-gid="gid://syiq/Photo/238048"><img src="https://photo-assets.superyachttimes.com/photo/238047/image/large-5d76f33512775538268c4c6afb251d20.jpg" data-gid="gid://syiq/Photo/238047">The yacht Project Jade features a reverse sheer bow that is said to &nbsp;improve visibility from the wheelhouse and accentuate her profile. She will be able to accommodate as many as 12 guests between five staterooms, with a main deck master suite and two twins and two doubles located on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/238041/image/large-a4bd2d22aa9776f0bbb09e417e472e39.jpg" data-gid="gid://syiq/Photo/238041">The <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> yacht has a large main deck aft terrace with an expansive beach club. She also boasts a shallow draft of only 2.15-metres, aimed at cruising in some of the more exclusive cruising grounds.<img src="https://photo-assets.superyachttimes.com/photo/238042/image/large-466d3496fe10aa79ca8cf39967551907.jpg" data-gid="gid://syiq/Photo/238042">“This combination of speed and shallow draft makes the design ideal for cruising in shallow coastal waters such as the Bahamas, as well as the crystal clear waters of the Mediterranean,” commented <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s CCO, Friso Visser. “This is a compelling proposition for many yacht owners.”<img src="https://photo-assets.superyachttimes.com/photo/238050/image/large-7e82980c1315da9163a09add6e0e5198.jpg" data-gid="gid://syiq/Photo/238050"><img src="https://photo-assets.superyachttimes.com/photo/238043/image/large-bb632ae2dae9dba065878f389024497f.jpg" data-gid="gid://syiq/Photo/238043">Project Jade will be powered by <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> <a data-gid="gid://syiq/Company/4531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Maritime Organization (Company)">IMO</a> Tier III engines, offering her top speeds of 23 knots and a range of 3,000 nautical miles. Her high speeds are achieved thanks to the streamlined lightweight aluminium hull, which boasts an efficiency gain of 12 percent compared to the previous 50-metre Satori design<img src="https://photo-assets.superyachttimes.com/photo/238049/image/large-4e20be9b3b48d1ca94bef08fbb908a7b.jpg" data-gid="gid://syiq/Photo/238049"><a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> Yachts has said that the construction of Project Jade remains on schedule with an expected delivery date of Spring 2024.<img src="https://photo-assets.superyachttimes.com/photo/238040/image/large-cb0693d9c9773dc053f14589265322b8.jpg" data-gid="gid://syiq/Photo/238040">

superyacht Project Jade

The 50m Heesen superyacht Project Jade saw her main superstructure and hull joined together this week.

 50m Heesen superyacht Project Jade hits construction milestone

Video: Bering Yachts – Tough as Steel

For our latest video we travelled to Antalya, Turkey to find out about Bering Yachts.

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Yacht building in Instanbul 

SYT visited a number of shipyards in Istanbul and the scene is thriving. 

Istanbul: Amidst the seven hills is an electric scene of superyacht builders

Video 118m Feadship 1010 launch

Video of the 118m Feadship 1010 launch, filmed exclusively by SuperYacht Times.

Video: Watch 118m Feadship 1010 launch

<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has announced the launch of the 127-metre <a data-gid="gid://syiq/Yacht/7500" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco Y721127.0m (416'8&quot;)Oceanco2022">Y721</a> superyacht from their Alblasserdam facility in the Netherlands. The sailing yacht is the longest yacht to ever have been built in the Netherlands.<img src="https://photo-assets.superyachttimes.com/photo/235991/image/large-fd3b896c9e474a29443d2d8674938818.jpg" data-gid="gid://syiq/Photo/235991">The details of the <a data-gid="gid://syiq/Yacht/7500" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco Y721127.0m (416'8&quot;)Oceanco2022">Y721</a>, also known as <a data-gid="gid://syiq/Yacht/7500" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Koru127.0m (416'8&quot;)Oceanco2023">Koru</a>, superyacht have been kept tightly under wraps since her sale in 2018, which is believed to be to an American tech entrepreneur. The secretive project was first unveiled in October 2021 when she was rolled out of the shed at Zwijndrecht, the Netherlands. The hull was built in parts and was assembled by Zwijnenburg at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>’s Zwijndrecht shipyard, which <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> purchased in 2019.<img src="https://photo-assets.superyachttimes.com/photo/235989/image/large-544621b4f353e1cf37210b04a9322487.jpg" data-gid="gid://syiq/Photo/235989">The three-masted schooner has a black steel hull with classical lines and is the largest ever built at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. However, the shipyard is no stranger to large vessels, this year saw the Dutch shipyard launch the 117-metre superyacht <a data-gid="gid://syiq/Yacht/6433" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Infinity117.0m (383'10&quot;)Oceanco2022">Infinity</a>, as well as the 109-metre superyacht <a data-gid="gid://syiq/Yacht/6705" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seven Seas109.0m (357'7&quot;)Oceanco2022">Seven Seas</a>.<img src="https://photo-assets.superyachttimes.com/photo/235992/image/large-eeb7c35b267633d411087438d0f01b64.jpg" data-gid="gid://syiq/Photo/235992"><a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> has also demonstrated their ability to build impressive sailing yachts in the past with the construction of the 86-metre <a data-gid="gid://syiq/Yacht/5516" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aquijo86.0m (282'2&quot;)Oceanco2016">Aquijo</a>, launched in 2016, as well as the 106.7-metre <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>, which was launched in 2018. <img src="https://photo-assets.superyachttimes.com/photo/235976/image/large-555719dbe9bf4171ab3e63d6df43d809.jpg" data-gid="gid://syiq/Photo/235976">In addition to her hull, part of one of the yachts masts was also moved during the weekend, getting ready to be stepped into place.<img src="https://photo-assets.superyachttimes.com/photo/235990/image/large-b645b375e2065ff448e21e2e94cd987a.jpg" data-gid="gid://syiq/Photo/235990">

127m Oceanco Y721 superyacht launched in the Netherlands

Oceanco has announced the launch of the 127m Y721 superyacht from their Alblasserdam facility in the Netherlands.

The Greek shipyard <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> has just announced that the 87.6-metre superyacht <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X&nbsp;</a>has been delivered. Launched in April, <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> has been undergoing outfitting and has now been completed, due to be exhibited for the first time at the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2022">Monaco Yacht Show in September</a>. <img src="https://photo-assets.superyachttimes.com/photo/236686/image/large-7cf8b9d871ec407da507a9ba7d23bff8.jpg" data-gid="gid://syiq/Photo/236686">With an internal volume of 2,973 GT, the superyacht offers her owner a massive amount of interior and exterior space. Featuring exterior design from <a data-gid="gid://syiq/Company/148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ken Freivokh Design (Company)">Ken Freivokh Design</a> the yacht has a highly distinctive central motif with X-shaped elements to her superstructure on both the port and starboard sides.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236690/image/large-5e2e5d1049c20ce99be6927bb01b5591.jpg" data-gid="gid://syiq/Photo/236690">Her interior style is the work of <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design Studio</a>. The overall plan of the yacht is very functional and is designed to maximise the enjoyment of each area, whether accommodation or common areas. On board there are elegant design combinations of essences, with more than 40 types of leather, precious woods, marbles and onyxes as well as metals with unique finishes and silk carpets. <img src="https://photo-assets.superyachttimes.com/photo/236685/image/large-af91b4ce717b43b3364efcfd56efc525.jpg" data-gid="gid://syiq/Photo/236685"><a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> features seven guest staterooms in addition to a VIP suite and an owners suite located on the bridge deck. The master suite is full-beam with a 180-degree panoramic view, private pool, 2 bathrooms and 2 dressing rooms. Another special feature is a stateroom on the upper deck with a private lounge area which, again with a view to functionality and flexibility of the spaces, can in turn be subdivided to become a second stateroom if required.<img src="https://photo-assets.superyachttimes.com/photo/236694/image/large-eb68d6dba9b5add018bf76711379b169.jpg" data-gid="gid://syiq/Photo/236694">The yacht features a central atrium which connects three of her five decks with internal balconies which are illuminated by the windows in the X-shaped structures. She also features a large glass lift interconnecting all decks.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236684/image/large-7770b314923bbee74691234711abaf21.jpg" data-gid="gid://syiq/Photo/236684">Other top features include the 360° view gym area on the sun deck, illuminated both from the sides plus ceiling skylights, as well as the beach club area on the lower deck aft. This area is home to the owner's Pedrazzini boat, a living area, bar, sauna and Turkish Hammam.Finally, with 900 square-metres of &nbsp;teak-laid decks, guests can experience the amazing ocean view from the 7.5 metre by 3 metre glass walled pool enjoying direct access to the swimming platform, a private Jacuzzi on the owner’s deck as well as a ten-seat SPA pool with panoramic views over the sundeck. The exterior dining table on the upper deck is carved out of marble. It comfortably accommodates 18 guests. She also hosts a helicopter on her main deck fore.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236687/image/large-eb1174aeb20361f5133e30fd832cf485.jpg" data-gid="gid://syiq/Photo/236687">

Golden Yachts 88m superyacht Project X delivered

Golden Yachts 88m superyacht Project X has been delivered to her owner ahead of the Monaco Yacht Show.

Golden Yachts 88m superyacht Project X has been delivered

The Turkish shipyard <a data-gid="gid://syiq/Company/1366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMB Yachts (Company)">CMB Yachts</a> has successfully launched the 47.55-metre superyacht <a data-gid="gid://syiq/Yacht/5952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortuna47.55m (156'0&quot;)CMB Yachts2022">Fortuna</a>. Featuring interior design from <a data-gid="gid://syiq/Company/6829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Artebel Design Studio (Company)">Beril Basaran - Arte-Bel Design</a>, the yacht which was launched in the Antalya Free Zone has been developed by <a data-gid="gid://syiq/Company/1366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMB Yachts (Company)">CMB Yachts</a> using composite technology. <img src="https://photo-assets.superyachttimes.com/photo/237378/image/large-6b905bcdbbe6bdff7d5a61b826900fbc.jpg" data-gid="gid://syiq/Photo/237378"><a data-gid="gid://syiq/Yacht/5952" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortuna47.55m (156'0&quot;)CMB Yachts2022">Fortuna</a> has a beam of 8.85-metres and a volume of 490 GT, offering her 12 guests a spacious interior with two saloons, a gym, private service areas for the crew and a flybridge Jacuzzi. The yacht's guests are accommodated between a large master suite, and a number of VIP suites.<img src="https://photo-assets.superyachttimes.com/photo/237377/image/large-d64335d98b13a13d427c3da7e566c4e9.jpg" data-gid="gid://syiq/Photo/237377">The yacht's construction has been certified by <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> and MCA. She will be able to reach a top speed of 15 knots, powered by twin 1,450 horsepower <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">CAT</a> 32 engines, and she has a transoceanic range. <img src="https://photo-assets.superyachttimes.com/photo/237380/image/large-e924e287e0af81c96fbe09633f8cbeb7.jpg" data-gid="gid://syiq/Photo/237380"><a data-gid="gid://syiq/Company/1366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CMB Yachts (Company)">CMB Yachts</a> has a 10,000 square-metre facility in Antalya with 250 staff that build yachts of 40 metres and above.&nbsp;

47m superyacht Fortuna launched

Turkish shipyard CMB Yachts has launched the 47m Fortuna.

CMB Yachts launches 47m superyacht Fortuna

The largest yacht to be built in Estonia has been launched. The 40.5-metre sailing yacht <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> was commissioned by a successful entrepreneur who approached <a data-gid="gid://syiq/Company/4614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ridas Yachts (Company)">Ridas Yachts</a> to construct her but, sadly, the project fell victim to the pandemic and was put onto the market before he had a chance to take her on her maiden voyage.<img src="https://photo-assets.superyachttimes.com/photo/238534/image/large-9b498e185a555577df44b8ee626f7e6f.jpg" data-gid="gid://syiq/Photo/238534"><a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> was conceived in 2014 following a few sketch drawings and a sighting of some superb sailing yachts off the coast of Macau, China. Her commissioning owner had just caught James Bond Skyfall on the big screen, and was besotted by the classical lines of the sailing yacht that the homonymous protagonist was making great use of throughout the blockbuster.<img src="https://photo-assets.superyachttimes.com/photo/238536/image/large-2ae1c62c6c55d0c0d144b01240db123f.jpg" data-gid="gid://syiq/Photo/238536">Being classically drawn wasn’t enough though, the yacht that he wanted to build was to be brimming with modern trappings and a touch of contemporary class, cleverly disguised in a hull that wouldn’t look out of place during the golden ages of yachting. Much like Bond himself, <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> was to be suave, sophisticated and classy.<img src="https://photo-assets.superyachttimes.com/photo/238544/image/large-fdae750a1d247316ae31a9cca8ee0194.jpg" data-gid="gid://syiq/Photo/238544">While <a data-gid="gid://syiq/Company/4614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ridas Yachts (Company)">Ridas Yachts</a> hadn’t tackled a project of this magnitude, the owner was confident that the Estonian yard could deliver. <a data-gid="gid://syiq/Company/4614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ridas Yachts (Company)">Ridas</a>’ portfolio is impressive and the yard has launched a number of sailing yachts, but nothing this large. After the initial conversations with the owner, <a data-gid="gid://syiq/Company/4614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ridas Yachts (Company)">Ridas Yachts</a> sourced the perfect hull for the project – a 40.5-metre aluminium unit fitted with a tender hatch. <img src="https://photo-assets.superyachttimes.com/photo/238579/image/large-ec834a45fddd5097abab6874178b0d66.jpg" data-gid="gid://syiq/Photo/238579"><a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a>, as she’s been christened, started life back in 2010 in the Netherlands at Acicio Yachts. The Dutch shipbuilder constructed her hull, but she was then transported to <a data-gid="gid://syiq/Company/4614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ridas Yachts (Company)">Ridas Yachts</a>’ facilities in Tallinn, Estonia in 2017 where she was completed. Estonia’s flagship yacht was designed in full by <a data-gid="gid://syiq/Company/202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olivier F. van Meer (Company)">Olivier F. van Meer</a>, who penned her with rich classical styling that embodies that Bond charm envisioned by her owner. <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a>’s exterior lines are clean, simple and designed to provide maximum functionality. She’s a schooner sailing yacht that’s far from flamboyant, and her simplicity exudes elegance. <img src="https://photo-assets.superyachttimes.com/photo/238556/image/large-30713ee5b18587110c4c90fc1edb71c0.jpg" data-gid="gid://syiq/Photo/238556"><img src="https://photo-assets.superyachttimes.com/photo/238559/image/large-31313d19b828396f3d9c460befbf0130.jpg" data-gid="gid://syiq/Photo/238559"><img src="https://photo-assets.superyachttimes.com/photo/238555/image/large-514c62562cfc447cf04ea80b7a758cd0.jpg" data-gid="gid://syiq/Photo/238555">But what goes unnoticed – unintentionally too, I’m hastened to add – is her keeping with contemporary standards. <a data-gid="gid://syiq/Company/202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olivier F. van Meer (Company)">Olivier F. van Meer</a> curated her interior spaces to uphold modern demands of luxury and comfort. State-of-the-art infotainment and Audio-Visual units, supplied by Bose, were installed, while all materials procured from <a data-gid="gid://syiq/Company/1485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Awlgrip (Company)">Awlgrip</a> to ensure that <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> boasts outstanding quality and feel, akin to superyachts of a higher classification. <img src="https://photo-assets.superyachttimes.com/photo/238569/image/large-ce4c188c0007b8e7c32a89175aefce41.jpg" data-gid="gid://syiq/Photo/238569"><img src="https://photo-assets.superyachttimes.com/photo/238570/image/large-2b1022520eefe3e1265d6ee886fb566a.jpg" data-gid="gid://syiq/Photo/238570"><img src="https://photo-assets.superyachttimes.com/photo/238568/image/large-51b6d27d564e4a384c43da56d0eeb25d.jpg" data-gid="gid://syiq/Photo/238568"><a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> offers 145 GT of interior volume and four staterooms, comprising a master suite, three VIPs and an additional guest area. Her master suite is sublime and is fitted with an ensuite with a shower and bathtub. The space is also home to an office and dressing area. Alongside her master suite are three VIP suites, which also feature an ensuite and offer plenty of storage space.<img src="https://photo-assets.superyachttimes.com/photo/238562/image/large-a34df05483160a8aabe0bf242e3ed23a.jpg" data-gid="gid://syiq/Photo/238562"><img src="https://photo-assets.superyachttimes.com/photo/238549/image/large-45ccb3fd7ed81c6b7538ce8afcd93da1.jpg" data-gid="gid://syiq/Photo/238549"><a data-gid="gid://syiq/Company/202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olivier F. van Meer (Company)">Olivier F. van Meer</a> designed <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> as a playground for socialising, and guests can unwind in a number of places both inside and out in the company of one another. The sailing yacht has a generous dining cum saloon area, which is home to a number of seating arrangements and a large dining table. While her deck spaces offer plenty of alfresco dining and lounging areas, as well as an impressive custom Jacuzzi, situated forward of the main mast. Thanks to the tender hatch, the deck areas are cleared for entertainment purposes.<img src="https://photo-assets.superyachttimes.com/photo/238537/image/large-e68d222eedc515e407b4f6bb1b968c7b.jpg" data-gid="gid://syiq/Photo/238537"><img src="https://photo-assets.superyachttimes.com/photo/238538/image/large-70cb03e95fc53280b65a6653cd7bfa33.jpg" data-gid="gid://syiq/Photo/238538"><img src="https://photo-assets.superyachttimes.com/photo/238539/image/large-4dd23bb53ec3929faf488faf53021d0d.jpg" data-gid="gid://syiq/Photo/238539">The sailing yacht comes with a Williams DieselJet 445, which is stowed in her state-of-the-art garage. The space benefits from an onboard fueling station, as well as a refilling station for scuba diving equipment, and a tender hatch that can be operated by iPads.<img src="https://photo-assets.superyachttimes.com/photo/238548/image/large-12d541bc8f25abccdca253b841f04db7.jpg" data-gid="gid://syiq/Photo/238548">Another core attribute of <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> is that she can be manned single-handedly. She’s been fitted with a Bermuda ketch rigged and a decked stepped mast, and equipped with a single <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> D13 diesel engine. Notably, <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> has been built to <a data-gid="gid://syiq/Company/1452" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's Register (Company)">Lloyds Register</a>.<img src="https://photo-assets.superyachttimes.com/photo/238532/image/large-64325289ae2ee9f4c903073091f9c42f.jpg" data-gid="gid://syiq/Photo/238532">The launch of <a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> is momentous, as it not only heralds a new milestone for Estonian shipbuilding but also for <a data-gid="gid://syiq/Company/4614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ridas Yachts (Company)">Ridas Yachts</a>. The successful launch of Estonia’s largest sailing yacht confirms that it has the know-how and capabilities to build and deliver more yachts of this size and calibre. Estonian Marine and Manufacturing Initiative hold her design plans and are keen to get underway with another unit.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/238531/image/large-432e1e7a51e2116abdebf83073d3ad23.jpg" data-gid="gid://syiq/Photo/238531"><a data-gid="gid://syiq/Yacht/2579" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melody36.0m (118'1&quot;)Ridas Yachts2022">Melody</a> is on the market and listed through <a data-gid="gid://syiq/Company/2578" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="26 North Yachts (Company)">26 North Yachts</a>.

yacht Melody launched

The 41m sailing yacht Melody is the largest yacht built in Estonia and she's now been launched. 

Melody: Estonia’s largest sailing yacht unveiled

The first 35.3-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 36 Metri yacht has been launched in Viareggio, Italy. The all-new semi-displacement yacht is the latest in the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande line and introduces a revolutionary layout for the shipyard.<img src="https://photo-assets.superyachttimes.com/photo/236000/image/large-8755223d6dbe3511a1ef0cf2ae7b2586.jpg" data-gid="gid://syiq/Photo/236000">The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 36 Metri embodies the DNA of the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande line, with innovative design choices that the shipyard say have ‘never been seen before’. She is the first semi-walkaround upper deck that runs on &nbsp;a single level that extends from the stern almost to the tip of the bow. Thanks to this redesigned upper deck, guests onboard can relax at a higher vantage point, from nearly any area of the yacht. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236001/image/large-1b9e36ac8a3e51e868a076990e710abe.jpg" data-gid="gid://syiq/Photo/236001">The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 36 Metri yacht features an interior design by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Achille Salvagni</a>, while the exterior styling is penned by the unmistakable hand of <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini</a>. A distinctive feature of Grande 36M is layout solutions that can be configured by the owner to ensure freedom in terms of onboard lifestyle.<img src="https://photo-assets.superyachttimes.com/photo/236002/image/large-4a0e89b9be1c94b18522ecec97753253.jpg" data-gid="gid://syiq/Photo/236002">Some of the novel features of the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 36M yacht include her unique windows in the sky lounge that when open, completely disappear out of view. This eliminates any obstruction and transforms the upper deck into an expansive space to gaze into the horizon.<img src="https://photo-assets.superyachttimes.com/photo/220864/image/large-8a47f4229ab4fe803a91e43eae17791d.jpg" data-gid="gid://syiq/Photo/220864">The <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 36M yacht forms part of the <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>’s Low Emission Yacht range. She uses the synergy between the high-efficiency D2P® Displacement-to-Planing hull, designed by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi AUSONIO Naval Architecture</a> in conjunction with the yard’s research and development office. <img src="https://photo-assets.superyachttimes.com/photo/220863/image/large-5c3d17d435fddc37751ae8358f240a48.jpg" data-gid="gid://syiq/Photo/220863">This paired with the extensive use of carbon fibre, significantly reduces the weight of the superstructure. This makes it possible to reduce CO2 emissions by 15-30 percent, at both slow cruising and high speeds, compared to boats of the same weight and size with a traditional chine hull.<img src="https://photo-assets.superyachttimes.com/photo/220866/image/large-2a5c4883c3c69166839377367892ab8d.jpg" data-gid="gid://syiq/Photo/220866">The new <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> Grande 36 Metri yacht will make her world debut to the public at the Cannes Yachting Festival 2022.

Azimut Yachts launches new Grande 36M yacht

The first 36m Azimut Grande 36 Metri yacht has been launched in Viareggio, Italy ahead of her debut at the Cannes Yachting Festival 2022.

for-sale-01#1

It is an important moment in the history of yachting when a languishing classic yacht is saved from destruction by a passionate owner with the – arguably crazy – dream of rescuing the vessel. After spending a number of years rusting and deteriorating at a mooring in Palma de Mallorca, Richard Sykes set eyes upon the classic <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> motor yacht <a data-gid="gid://syiq/Yacht/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey III33.0m (108'3&quot;)Benetti SpA1967">Odyssey</a> III in 2016. The canoe stern and romantically traditional hull form immediately struck a chord with Sykes, who’d already owned a number of <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>s, “The 1960s design and hull form really ticked all of the boxes for us, that sense of charm and romance that really epitomises yachts from her era.”<img src="https://photo-assets.superyachttimes.com/photo/175497/image/large-a3635b7cc0cca8938d7f41a70b3b483e.jpg" data-gid="gid://syiq/Photo/175497"><a href="#managed-by-system" title="Odyssey III33.0m (108'3&quot;)Benetti SpA1967" data-gid="gid://syiq/Yacht/229" target="_blank" rel="noopener noreferrer"></a><a data-gid="gid://syiq/Yacht/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey III33.0m (108'3&quot;)Benetti SpA1967">Odyssey III</a>, originally coined Admiral Bolitho, was delivered to her first owner in 1967 as hull number FB67 of the Italian shipyard’s original Motopanfilo series, one which was so key to the history of the yard that it has now been reborn for the 21st century.<img src="https://photo-assets.superyachttimes.com/photo/236913/image/large-ab1097619d9e5457e1a2b5694eb4ad33.jpg" data-gid="gid://syiq/Photo/236913">Despite the historical significance of the yacht, trading in a <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> for a dilapidated classic is no mean feat, but for Sykes, classics are a passion. “I have collected classic cars for many years and owning something with history has always been important to me, I'd just never found the right classic yacht that offered the long term refurbishment dreams I had.” In fact, restoration and salvation is clearly in Richard's blood as he is now the Managing Director of Grantley Hall estate in Yorkshire that his family purchased and spent a number of years restoring to its current glory.<img src="https://photo-assets.superyachttimes.com/photo/236963/image/large-ce17cf2252ead83f57fcd2c8389d791e.jpg" data-gid="gid://syiq/Photo/236963"><a data-gid="gid://syiq/Yacht/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey III33.0m (108'3&quot;)Benetti SpA1967">Odyssey III</a> certainly offered the project Sykes had been looking for. Despite an extensive refit in 2005 at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a> in Falmouth, the yacht had suffered from the years in Palma and the steel hull was in an advanced state of deterioration. After the purchase of the vessel, with her engines inoperable she was towed from across the bay and installed aboard a freight that delivered her back to <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> where Sykes had commissioned her restoration.<img src="https://photo-assets.superyachttimes.com/photo/236968/image/large-89f06f3d221b9fd0b2e5971f2647f360.jpg" data-gid="gid://syiq/Photo/236968">With grand plans for the transformation of the yacht's deck spaces, crew quarters, and refurbishment of the interior, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> was certainly a strong choice. With a history of exceptional classic yacht restoration, the team in Cornwall set about the exacting task of restoring her entire hull and superstructure, before revisiting the interiors and mechanics.<img src="https://photo-assets.superyachttimes.com/photo/236967/image/large-1a2bdbc4d35656059d2a689c0f4fb7b0.jpg" data-gid="gid://syiq/Photo/236967">“Some people would be daunted by the task of working on a yacht with her heritage and in honesty the condition of her hull had not been immediately clear and so that part of the restoration was particularly extensive. Realistically she wouldn’t have lasted another year in the water and around 60% of the hull steel had to be replaced due to corrosion. But with classic boats, like classic cars, they have that quirky identity and part of that comes from the additional care they need, but for that reason they have heart and soul.”<img src="https://photo-assets.superyachttimes.com/photo/236969/image/large-ce05b6f3d2827c5476b74e6929e31d4c.jpg" data-gid="gid://syiq/Photo/236969">While the mechanics of the yacht were pulled out and refurbished, the two-stroke diesel engines which had been onboard when the yacht was launched, remained firmly in place. “When you have a love for classic cars you learn to respect the provenance of an engine on anything from yachts to planes. If you remove the original engine it loses that original charm, and even though the yacht herself was in dire straits, the engines just needed a thorough overhaul, and now they work like new.” With a unique sound and character, Sykes understood that a modern engine would have changed the DNA of the vessel and retaining her original qualities was of utmost importance for the entire restoration. “In a way the restoration could better be called a resurrection, we brought what was there back to life, retaining much of the panelling, woodwork and marble.”<img src="https://photo-assets.superyachttimes.com/photo/236919/image/large-c935b8a19cd41d9266f942532dba7ff9.jpg" data-gid="gid://syiq/Photo/236919">One major change was the addition of the side passerelle. Canoe sterns, though beautiful, can be particularly impractical, especially when stern to in a marina. The side passerelle has added a level of safety and practicality to the vessel but visually it is a seamless addition. “The passerelle with steps that lower into the sea has worked exceptionally well and that and the zero speed stabilisers are probably the main modern additions, offering guests much greater comfort when onboard.”<img src="https://photo-assets.superyachttimes.com/photo/236918/image/large-9d1075c5ef648ef27de81c63078d89be.jpg" data-gid="gid://syiq/Photo/236918">With aims of chartering the yacht in the Balearics, ensuring comfort onboard for her guests was at the forefront of Sykes mind during the refit. Since she left <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> in 2019 the yacht has been a very popular charter boat, and one that stands out from the usual yachts cruising the region. “She might be a little more restricted in terms of internal volume and speed, but for clients that want to ease into a slow and relaxed pace of life, she is the perfect charter vessel.” The majesty of the yacht certainly appeals to many charterers, and the Sykes Family offer the vessel to clients of Grantley Hall, which is itself a 5* hotel and spa. “If you want a martini while watching the sun go down, she really is that sort of boat, it is also special arriving somewhere in such style.”<img src="https://photo-assets.superyachttimes.com/photo/175492/image/large-eb56aeb2fbbec9496ceeebf54f358eb1.jpg" data-gid="gid://syiq/Photo/175492">It wasn’t only charter guests that were important though, Valeria Sykes, owner of Grantley Hall privately funded the purchase and worked tirelessly with Son Richard and two grandsons Tom and Will for over two and a half years to complete the project. The plan was always to spend more family time together on board. While the dream for the Sykes family had been to spend more time onboard, travel restrictions over the last two years have curtailed some of their plans. <img src="https://photo-assets.superyachttimes.com/photo/236921/image/large-077965318fdaf36660c10870d461e5a6.jpg" data-gid="gid://syiq/Photo/236921">One particularly memorable week onboard occurred last year however, when the family found a week to escape from the responsibilities in Yorkshire and make the most of their old lady of the sea. “We invited a local Mallorcan band to join us for dinner onboard one night and sat on that upper deck, ate a fantastic meal and the band played as the sun went down. That was a true life memory moment for all of us.”<img src="https://photo-assets.superyachttimes.com/photo/236916/image/large-a1735cfd641ecf17c19d0f9b24ea8291.jpg" data-gid="gid://syiq/Photo/236916">Despite <a data-gid="gid://syiq/Yacht/229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Odyssey III33.0m (108'3&quot;)Benetti SpA1967">Odyssey III</a> currently being on the market with <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, it is clear from Richard that he’s extremely fond of the yacht and that he is ever eager to carve out more time aboard the vessel that he invested such time and effort into saving!This article was originally published in&nbsp;<a href="https://sya.superyachttimes.com/news/superyacht-times-newspaper-issue-39" target="_blank">Issue 41 of SuperYacht Times newspaper</a>. To read more stories like this one and to never again miss another issue of the SuperYacht Times newspaper, <a href="https://shop.superyachttimes.com/report/the-superyacht-times-subscription" target="_blank">subscribe here</a>.

A labour of love: The resurrection of the 33m Benetti yacht Odyssey III

SYT talks to owner Richard Sykes about the resurrection of the classic Benetti yacht, Odyssey III.

The 55.9-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> sailing yacht <a data-gid="gid://syiq/Yacht/983" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zenji55.9m (183'5&quot;)Perini Navi2004">Zenji</a> has completed a major interior refit, reinventing her interior styling from warm American Cherry tones to a bright and contemporary aesthetic. <img src="https://photo-assets.superyachttimes.com/photo/29158/image/large-fe662d9bff1e457c3380a5aafad1f7a6.jpg" data-gid="gid://syiq/Photo/29158">Launched in 2004 as the second hull of the successful <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> 56 series, <a data-gid="gid://syiq/Yacht/983" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zenji55.9m (183'5&quot;)Perini Navi2004">Zenji</a> originally featured an interior design from <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> in collaboration with <a data-gid="gid://syiq/Company/52" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ron Holland Design (Company)">Ron Holland</a>. A spacious yacht with a large sail plan and extensive regatta career, Zenji was sold to her current owner in January of this year, only shortly after she completed her 15-year ABS special survey in 2019, which included a full paint job and the surveying of her masts, superstructure, hull and bottom. <a href="https://www.superyachttimes.com/yachts/zenji" target="_blank">Zenji</a>’s rigging and mechanical systems were also completely upgraded, her engine overhauled, and her generators replaced during this survey.<img src="https://photo-assets.superyachttimes.com/photo/236853/image/large-36721c8d0b4d1317b3b7b5c1064733f9.jpeg" data-gid="gid://syiq/Photo/236853"><img src="https://photo-assets.superyachttimes.com/photo/236856/image/large-14314029eaf6517d9525df392c2d2314.jpeg" data-gid="gid://syiq/Photo/236856"><img src="https://photo-assets.superyachttimes.com/photo/236854/image/large-b06ea32bbeb4fe761249f0d8fabc5f8f.jpeg" data-gid="gid://syiq/Photo/236854">Now her owner has given her original interiors a fresh lease of life, opting for brighter tones with a lighter wooden varnish throughout. The owner has also restyled the interior furnishings, with cream and blue sofas and chairs in the main saloon which are complimented by the choice of artwork.<img src="https://photo-assets.superyachttimes.com/photo/236858/image/large-71f2b4ae61b10589b7342ba7546fe20b.jpeg" data-gid="gid://syiq/Photo/236858"><img src="https://photo-assets.superyachttimes.com/photo/236859/image/large-a062002a02ce1d057fa18dfb6a624c6d.jpeg" data-gid="gid://syiq/Photo/236859"><img src="https://photo-assets.superyachttimes.com/photo/236861/image/large-b1d74618360af56a399eb94c44f5ec21.jpeg" data-gid="gid://syiq/Photo/236861">In addition to the entertainment spaces, the yacht's six staterooms have also been given a complete refit, echoing the colour scheme of the main saloon and dining areas. <a data-gid="gid://syiq/Yacht/983" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zenji55.9m (183'5&quot;)Perini Navi2004">Zenji</a> can accommodate as many as 12 guests between the master suite, two VIP double staterooms and three twins, two of which feature pullman beds.<img src="https://photo-assets.superyachttimes.com/photo/236855/image/large-c9ea172906f4613c8915e485944eb698.jpeg" data-gid="gid://syiq/Photo/236855"><img src="https://photo-assets.superyachttimes.com/photo/236850/image/large-e17316c6ad12c594c827378553ca9149.jpeg" data-gid="gid://syiq/Photo/236850">Given her recent repaint and maintenance, the yacht's exterior has remained mostly unchanged, though she now has a large Jacuzzi on her aft deck. The cockpit has also been redesigned and now features large cream sofas as well as a spacious table. <a data-gid="gid://syiq/Yacht/983" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zenji55.9m (183'5&quot;)Perini Navi2004">Zenji</a> is currently offered for charter with <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright & Partners (Company)">Cecil Wright &amp; Partners</a>.<img src="https://photo-assets.superyachttimes.com/photo/236852/image/large-cbafda1cb91d74c54f400270e5045514.jpeg" data-gid="gid://syiq/Photo/236852"><img src="https://photo-assets.superyachttimes.com/photo/236849/image/large-224e85e95b2c50f6b51f2d5e615fc4fb.jpeg" data-gid="gid://syiq/Photo/236849">

Perini Navi sailing yacht Zenji refit

The 56m Perini Navi sailing yacht Zenji has completed a major interior refit.

Perini Navi 56m sailing yacht Zenji completes major interior refit

The 27-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> motor yacht <a data-gid="gid://syiq/Yacht/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005">Nashira</a> is nearing completion, following an extensive refit with <a data-gid="gid://syiq/Company/6581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FDC Yachts (Company)">Fiducia International</a> in Turkey. <img src="https://photo-assets.superyachttimes.com/photo/236823/image/large-396d1cc46a49e50d931e23ca1020ed95.jpg" data-gid="gid://syiq/Photo/236823">The motor yacht <a data-gid="gid://syiq/Yacht/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005">Nashira</a> arrived at <a data-gid="gid://syiq/Company/6581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FDC Yachts (Company)">Fiducia International</a>’s facilities late last year and she’s expected to be relaunched in just a few weeks.<img src="https://photo-assets.superyachttimes.com/photo/236813/image/large-d904b20dc135d62bfc500aae7e9f30e3.jpeg" data-gid="gid://syiq/Photo/236813"><img src="https://photo-assets.superyachttimes.com/photo/236815/image/large-73d40bbd50c09d3ed62625eb164eec08.jpg" data-gid="gid://syiq/Photo/236815">The Turkish shipyard has been busy these last months seeing to some major exterior layout changes, which include a hull and superstructure extension, an installation of a new hard top and a fresh coat of paint.<img src="https://photo-assets.superyachttimes.com/photo/236817/image/large-72a36ffb3db258f68ead7a9251bb1714.jpg" data-gid="gid://syiq/Photo/236817"><a href="#managed-by-system" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005" data-gid="gid://syiq/Yacht/4399" target="_blank" rel="noopener noreferrer"></a><a data-gid="gid://syiq/Yacht/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005"><img src="https://photo-assets.superyachttimes.com/photo/236816/image/large-b7b681df539f2fa2ead6a137e21bac66.jpeg" data-gid="gid://syiq/Photo/236816">Nashira</a> has also had her interiors totally rebuilt and new teak decking has been laid throughout the yacht. On the mechanical side of things, <a data-gid="gid://syiq/Company/6581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FDC Yachts (Company)">Fiducia International</a> has also been busy overhauling her engine room. <img src="https://photo-assets.superyachttimes.com/photo/236822/image/large-aedd97070e50dc5636abf1ddb8cb5d5a.jpg" data-gid="gid://syiq/Photo/236822"><img src="https://photo-assets.superyachttimes.com/photo/236821/image/large-32585a024259204b18be765268ff6582.jpg" data-gid="gid://syiq/Photo/236821"><img src="https://photo-assets.superyachttimes.com/photo/236820/image/large-6225f5a485d7ca56157038e4800f3a2f.jpg" data-gid="gid://syiq/Photo/236820"><a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> launched <a data-gid="gid://syiq/Yacht/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005">Nashira</a> in 2005 and she originally featured an exterior design by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a> and naval architecture by <a data-gid="gid://syiq/Company/240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stolk Marimecs BV (Company)">Stolk Marimecs BV</a>. While <a data-gid="gid://syiq/Company/165" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Art Line (Company)">Art Line</a> was the studio enlisted to curate her interior spaces. <img src="https://photo-assets.superyachttimes.com/photo/236819/image/large-5ad9c0d6565b5da923496c448014eb42.jpg" data-gid="gid://syiq/Photo/236819"><a data-gid="gid://syiq/Yacht/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005">Nashira</a> can accommodate eight guests and three crew. She's a steel and aluminium motor that draws from twin CAT engines that give her a cruising speed of 11 knots and a top speed of 12.5 knots.<img src="https://photo-assets.superyachttimes.com/photo/236818/image/large-5021fee24bfb112f722c660d4d932707.jpg" data-gid="gid://syiq/Photo/236818">‘’<a data-gid="gid://syiq/Yacht/4399" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nashira26.25m (86'1&quot;)Moonen Yachts2005">Nashira</a> began her new life with shocking beauty and irresistible charm,” Halil Durmaz, Managing Partner of <a data-gid="gid://syiq/Company/6581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FDC Yachts (Company)">FDC Yachts</a>, commented. “She’s a real world traveling superyacht, which will soon meet the seas once again.

Moonen’s 26m motor yacht Nashira soon to be relaunched

The 27-metre Moonen motor yacht Nashira is nearing completion, following an extensive refit with Fiducia International in Turkey. 

Moonen’s 26m motor yacht Nashira soon to be relaunched after major refit at Fiducia International 

Three yachts that were severely damaged and placed out of operation due to Hurricane Irma have been salvaged and put on the market. The Category 5 hurricane tore through the open Atlantic region in September of 2017, causing widespread damage and at least 134 deaths.&nbsp;The three motor yachts salvaged following the catastrophic event are the 41.56-metre <a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> by <a data-gid="gid://syiq/Company/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mondomarine SpA (Company)">Mondomarine</a>, the 38.5-metre <a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a> by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> and the 28.5-metre <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a>&nbsp;by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. <img src="https://photo-assets.superyachttimes.com/photo/18922/image/large-84b2c7b5106a53322fec7f6cd5625f10.jpg" data-gid="gid://syiq/Photo/18922">According to <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a>, the shipyard that is acting as manager of the yachts, all three have been fully inspected and surveyed which confirmed that the structures are rigid and sound, and the bulk of the damage, while substantial, is superficial. <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a> has also secured the hull classification drawings of all three yachts. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/2173/image/large-83750414d37fa7ca1a1a4760cd9d62f5.jpg" data-gid="gid://syiq/Photo/2173">The motor yachts were floated and transported from Saint Martin in the Caribbean to Istanbul, Turkey. They are now laid up at <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a> facilities. <img src="https://photo-assets.superyachttimes.com/photo/20362/image/large-b7899c33a2ee4ec77f4053e434c73ba4.jpg" data-gid="gid://syiq/Photo/20362">“This is a one-off opportunity,” Haluk Gundogdu of <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a> confirmed. “All three are pedigree builds and can be refitted to turnkey condition at our shipyard, or sold as they are. Once stripped to the bare hull, a client can bring these yachts to a `nearly new’ condition at a fraction of the price as they would typically be listed. All three yachts have the potential to become successful charter vessels.”<img src="https://photo-assets.superyachttimes.com/photo/236799/image/large-98d3eeaad5a08e5f92de8aefd023127e.png" data-gid="gid://syiq/Photo/236799"><a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> |&nbsp;<a data-gid="gid://syiq/Company/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mondomarine SpA (Company)">Mondomarine</a>&nbsp;| 41.56m | 349 GT | 2007 | €695,000The largest of the three is the 2007 <a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> by <a data-gid="gid://syiq/Company/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mondomarine SpA (Company)">Mondomarine</a>. The motor yacht had proven to be a popular choice for charter up until the incident. She was launched under her maiden name Panther featuring an exterior and interior design by <a data-gid="gid://syiq/Company/76" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Vafiadis (Company)">Studio Vafiadis</a> and naval architecture by her builder in collaboration with <a data-gid="gid://syiq/Company/73" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sydac s.r.l. (Company)">Sydac s.r.l</a>. <img src="https://photo-assets.superyachttimes.com/photo/236800/image/large-2d5e4815903e868b07d6c3bc6bad527a.png" data-gid="gid://syiq/Photo/236800"><a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> is part of the shipbulder’s <a data-gid="gid://syiq/Company/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mondomarine SpA (Company)">Mondomarine</a> 41M series, of which there are just two: <a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> and <a data-gid="gid://syiq/Yacht/76" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Wolf41.56m (136'4&quot;)Mondomarine SpA2008">Sea Wolf</a>. The two units from the <a data-gid="gid://syiq/Company/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mondomarine SpA (Company)">Mondomarine</a> 41M series both passed hands in previous years, asking around €10m and €7m, respectively. <img src="https://photo-assets.superyachttimes.com/photo/236801/image/large-e070c6cdc6ce1851b17e283afd7fbd02.png" data-gid="gid://syiq/Photo/236801">The motor yacht boasts 349 GT and needs to be fully stripped, so a client has the opportunity to remap her general arrangement. Before the incident, she was configured with six staterooms and three cabins, that offered accommodation for as many as 12 guests and seven crew.To bring her back to a presentable state, <a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> requires substantial exterior work as she not only has large gauges taken out of her bow and aft deck, but the damage seems to run along her whole profile. As Gundogdu confirmed though, her hull is intact and hasn’t been majorly damaged.To restore <a data-gid="gid://syiq/Yacht/74" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sierra Romeo41.56m (136'4&quot;)Mondomarine SpA2007">Sierra Romeo</a> to turnkey condition through <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a>, a client can expect to pay around €6,000,000 on top of her asking price, depending on requests and requirements. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236797/image/large-c589ce7bb763862f9c586dbabc343595.png" data-gid="gid://syiq/Photo/236797"><a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>&nbsp;| 40.8m | 317 GT | 2011 | €895,000 <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> launched its 38.5-metre <a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a> in 2011 as part of its successful 40 Alloy series. Much like the rest of the series, <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a> was the studio behind <a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a>’s exterior styling, while Sanlorenzo penned her naval architecture. <img src="https://photo-assets.superyachttimes.com/photo/236798/image/large-14ca23ea962aef4b1c862b13152c6cce.png" data-gid="gid://syiq/Photo/236798">The market value of the award-winning <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> 40 Alloy series sits between the €7-17m mark, depending on the age of the unit. Currently listed for sale is the 2009 <a data-gid="gid://syiq/Yacht/2230" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss Easy38.5m (126'4&quot;)Sanlorenzo2009">Bliss Easy</a>, listed for €7.9m, and the 2018 <a data-gid="gid://syiq/Yacht/6598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady A40.8m (133'10&quot;)Sanlorenzo2018">Lady A</a>, which is asking €16.35m. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236796/image/large-6bc5ca5c2d1eafb4bab45c1125c2a0ee.png" data-gid="gid://syiq/Photo/236796">According to the listing, <a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a> was fully submerged in 2017 and had to be dredged out of the waters in Saint Martin. <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a> has already stripped and cleaned all the accommodation areas, but there is still work to go before she’s back as a blank canvas for a client to put their personal stamp on. <img src="https://photo-assets.superyachttimes.com/photo/236795/image/large-7933e7d9b591b6baf585d550ef1807e1.png" data-gid="gid://syiq/Photo/236795"><a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a> offers 317 GT of interior volume and can easily accommodate as many as 10 guests and seven crew. Her two <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines are still onboard, along with her generators and other mechanical equipment. However, it would be cost-effective to install new engines and mechanics.To refit <a data-gid="gid://syiq/Yacht/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Claudia II38.5m (126'4&quot;)Sanlorenzo2010">Princess Claudia II</a>&nbsp; through <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a>, a client can expect to pay around €6,500,000 on top of her asking price, depending on requests and requirements. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236792/image/large-a0dd7712a98acf7c44fa0ef5d1f21d6b.png" data-gid="gid://syiq/Photo/236792"><a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>&nbsp;| 28.5m | 152 GT | 2015 | €425,000The cheapest of the three salvaged yachts is the 28.5-metre <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a> by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a> was launched in 2015 as part of <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s Delfino 93 range. The series features an exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a> and naval architecture by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>. The original interior of <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a>, which has now been ripped out, was conceived by <a data-gid="gid://syiq/Company/436" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeazzi Design (Company)">Galeazzi Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/236794/image/large-683c5424561edcfa7c11701a55281fd2.png" data-gid="gid://syiq/Photo/236794">The Delfino 93 series proved to be wildly successful and <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> delivered 14 units in total. <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a> is currently the only unit on the market; however, the 2011 <a data-gid="gid://syiq/Yacht/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunrise 28.5m (93'6&quot;)Benetti SpA2011">Sunrise</a> was sold earlier this year with a last known asking price of €3.9m. The year before, the 2012 <a data-gid="gid://syiq/Yacht/5562" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zaphira28.5m (93'6&quot;)Benetti SpA2012">Zaphira</a> passed hands with an asking price close to €6m. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/236793/image/large-c637d61f18089ce1d3dd6a655c18c9b8.png" data-gid="gid://syiq/Photo/236793">Major work needs to be made to her exterior as <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a>’s foredeck has been sheared off and there is some serious damage to her aft. Again, like the other two salvaged yachts, Gundogdu confirms that her hull is apparently in good condition and she’s already been floated and assessed.<img src="https://photo-assets.superyachttimes.com/photo/236791/image/large-5b5a2bcf825c87ec9f5d2a62db6e61a8.png" data-gid="gid://syiq/Photo/236791"><a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a> has already stripped and cleaned her interior spaces and dismantled her engines.&nbsp;To refit <a data-gid="gid://syiq/Yacht/6781" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mariale V 28.5m (93'6&quot;)Benetti SpA2015">Mariale V</a>&nbsp; through <a data-gid="gid://syiq/Company/2805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mavi Yachts (Company)">Mavi Yachts</a>, a client can expect to pay around €2,500,000 on top of her asking price, depending on requests and requirements.

Three salvaged yachts damaged by Hurricane Irma join the market 

Three yachts that were severely damaged and placed out of operation due to Hurricane Irma have been salvaged and put on the market.

Refit opportunity: Three salvaged yachts damaged by Hurricane Irma join the market 

<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> has launched a new 65-metre superyacht from the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> shipyard in Aalsmeer, the Netherlands. The 65-metre motor yacht was launched from the SLOB Shipyard in Papendrecht before being transported to <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> shipyard in Aalsmeer.<img src="https://photo-assets.superyachttimes.com/photo/235771/image/large-8898e594646b532e7277765f24093623.jpg" data-gid="gid://syiq/Photo/235771"><img src="https://photo-assets.superyachttimes.com/photo/235770/image/large-0e1c166786118251f29d7ab3f1349f7a.jpg" data-gid="gid://syiq/Photo/235770"><img src="https://photo-assets.superyachttimes.com/photo/235768/image/large-59418fe491031fdc97a69f21435adc52.jpg" data-gid="gid://syiq/Photo/235768"><img src="https://photo-assets.superyachttimes.com/photo/235767/image/large-11a3693dc39b697a0b5a831b7a53b5ab.jpg" data-gid="gid://syiq/Photo/235767">There are very few details released about the estimated 1,000+ GT superyacht that began construction in 2020.

Feadship launches hull of 65m superyacht Aalsmeer

Feadship has launched a new 65-metre superyacht from the Feadship shipyard in Aalsmeer, the Netherlands. 

Feadship launches hull of 65m superyacht

The hull of the 57.8-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 C127 has completed her technical launch in Italy. First unveiled last summer, the superyacht is being built on speculation to designs that have been completed by her builder, <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> in collaboration with <a data-gid="gid://syiq/Company/5407" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="m2atelier (Company)">m2atelier</a>.<img src="https://photo-assets.superyachttimes.com/photo/236835/image/large-50ce78bf76466402431bd41b192b6d87.jpg" data-gid="gid://syiq/Photo/236835"><img src="https://photo-assets.superyachttimes.com/photo/215992/image/large-a74ab5b9a8c0727150091015036cf585.jpg" data-gid="gid://syiq/Photo/215992">C127 features a fast displacement hull optimised to reach top speeds of 21 knots, and has a steel hull and aluminium superstructure. She will be 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.<img src="https://photo-assets.superyachttimes.com/photo/236833/image/large-3ef635a4757f6624999fa37c112f219d.jpg" data-gid="gid://syiq/Photo/236833">She has accommodation for up-to 12 guests across one master suite and five additional staterooms. 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>C127 superyacht will be equipped with a lift to easily access all of her decks, a large stern beach area with a folding door to open into a swim platform, a gym, and a swimming pool on her sun deck.<img src="https://photo-assets.superyachttimes.com/photo/236832/image/large-8bc1fdadf631a28c019225ed7177cc3c.jpg" data-gid="gid://syiq/Photo/236832">The build is now in an advanced stage, with her superstructure assembled and hull complete. She will now move to the next stage of her construction and outfitting, ahead of delivery in summer 2023.

Codecasa C127 completes technical launch

The hull of the 58m Codecasa C127 has completed her technical launch in Italy.

Long Read

SYT Synopsis: August's leading yacht news