SuperYacht Times Synopsis August

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Yacht fire at Ferretti Shipyard in Cattolica

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Ionian Princess yacht cruising refit 2022

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Gentleman yacht 33m by Picchiotti exterior design

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Lonestar yacht concept by Kurt Strand

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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.

SYT Synopsis: August's leading yacht news

B2 yacht anchored 

Sitting across from me is Sampriti Bhattacharyya, a woman who can’t help but push past any boundary placed on her path. What’s most striking about this is that she does it with grace and speaks of it humbly - an ode to her intellect not just in the field of technological development, but her emotional intelligence too. From moving across continents and oceans to designing groundbreaking technology for the US military, Sampriti has unexpectedly found her way into the yachting industry at the helm of <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>, a company set to redefine water travel.<img src="https://photo-assets.superyachttimes.com/photo/383526/image/large-c68e149a038779a749301544dea136ce.jpg" data-gid="gid://syiq/Photo/383526">A journey across oceans: From India to AmericaGrowing up in Kolkata, India, Sampriti didn’t have cable TV until she was 16; one of the first things she watched was the Apollo mission to the moon. “The idea that people are going outside of planet Earth, it completely changed what humanity is capable of doing,” shares Sampriti. She was a curious kid, a trait she still holds dear to her heart, and has lived a life exploring solutions for any kind of problem, yet mainly those that, when solved, can fundamentally change how you interact with the world.&nbsp;Yet growing up in India, Sampriti didn’t have many opportunities, especially as a young woman. By the age of 20, owning her first computer, it was a singular email that ended up getting her a ticket to America. From there, alone and a world away from her family, Sampriti shifted her focus to high energy physics at Fermi National Accelerator Laboratory/Fermilab in Illinois. “I was always fascinated by space and understanding the universe, but down the line, I realised we might leave that for artificial general intelligence (AGI) to figure that stuff out.” <img src="https://photo-assets.superyachttimes.com/photo/383528/image/large-83e7e7e14cc75902db67627fc977be68.jpg" data-gid="gid://syiq/Photo/383528">Shifting her focus from purely experimental physics to a more hands-on approach, building machines and nuclear reactors, Sampriti ended up working on aircraft controls for NASA before starting her PhD at the Massachusetts Institute of Technology (MIT).In 2014, when Malaysian Airline Flight 370 disappeared, Sampriti was working on building underwater drones to be used for ocean mapping. “Everyone’s talking about going to the moon and occupying Mars, but we have 70% of the world’s real estate, the ocean, our very own backyard and we don’t even know when an airplane gets lost.”&nbsp;It was a topic that deeply intrigued Sampriti: “I went down a rabbit hole of understanding the entire maritime industry.” She quickly learned that it’s very much of a legacy-based industry, yet that it has infinite potential. “Everything we use moves on this water: food, all kinds of goods, and the future of energy. It’s not in space.” The auto-industry was being transformed, as well as aerospace, computing, sensing, scalable manufacturing and propulsion technologies: “if you apply the same technology stack to maritime manufacturing, which is still a very fragmented, old school industry, you can make not just a little bit of a difference, rather, you can fundamentally change the way the industry works. I was convinced that, like there is a Tesla and a SpaceX, there will be an equivalent vertically integrated maritime company.”<img src="https://photo-assets.superyachttimes.com/photo/383534/image/large-e9498aaaf85ece20432436236098485e.jpg" data-gid="gid://syiq/Photo/383534">Introducing <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>Occupying that space is <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>, a company focused on radically changing the maritime industry, founded and owned by Sampriti herself. With a mission of building the most compelling, software driven marine vessels, Sampriti and her team at <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> strive to build boats that drastically reduce operational costs and unlock a new era of clean, scalable waterborne transportation for both people and goods. “I didn’t set out to build sustainable boats, I just wanted to build the best boats, and those happen to be electric and hydrofoiling,” Sampriti notes humorously. Working to understand the physics and economics behind a gas-based boat, “you have this big body and you’re trying to push water; it takes a lot of energy.” It’s a hindrance in cities like Amsterdam or San Francisco, where efficient transportation via water could cut a lot of time and costs.<img src="https://photo-assets.superyachttimes.com/photo/383550/image/large-acf9f7fcc25a130b6a325084da808be1.jpg" data-gid="gid://syiq/Photo/383550">The boat Sampriti has built at <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> is hydrofoiling and electric. When looking at the operational costs of a boat, there are two elements: there’s fuel and there is labour needed to push a boat through the water. A <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> boat doesn’t have this, instead, by using electric hydrofoiling there is no plowing through the water, making the vessel “incredibly efficient: the electric hydrofoiling delivers ~10x efficiency versus a conventional gas boat. About 70 percent of that gain comes from hydrofoiling, and ~ 30 percent from electrification” highlights Sampriti. Another benefit is that hydrofoil and electric together is also much cheaper than a regular gas-based vessel. “People don’t realise that ‘electric’ has a lot of efficiency: it gives about 30% more operational cost-efficiency.”Sampriti highlights another benefit of hydrofoiling, stating how “it gives you a much better ride experience because there is no seasickness; electric also means it’s noise free.” The boat is sustainable, yet Sampriti isn’t a fan of the overused buzzword, instead, she relates it back to her original goal: “Let's build the best boat. And that happens to be hydrofoiling and electric.”<img src="https://photo-assets.superyachttimes.com/photo/383529/image/large-f4e59995e4f20f4a02a2b6d8cb5c76ab.jpg" data-gid="gid://syiq/Photo/383529">Building for the futureThe actual build of the <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> boat, the N30 Pioneer Edition, started in 2022 and the first batch was delivered last year. Currently Sampriti and her team are busy with deliveries of the N30 Pioneer Edition II, starting around April of this year. Both the Pioneer I and II are 100 percent electric. The Pioneer II also incorporates more advanced features, including Starlink and NACS fast charging.Not long after starting on Pioneer I, Sampriti was approached by a defence company. Having previous experience in building military-grade technology, it seemed like a very natural collaboration for Sampriti’s business. The N30 Quanta, unveiled at the Fort Lauderdale International Boat Show 2025, is the longest range vessel in its category. Sampriti shares that it’s “a 30-foot hybrid electrical vessel with a range of 700 nautical miles for the civilian variant, and a range of 2,000 nautical miles for the defence variant; both at a cruising speed of 20 knots. It fundamentally changes what America can do at sea.” <img src="https://photo-assets.superyachttimes.com/photo/383551/image/large-79279829441e5bae48e6e420a812b554.jpg" data-gid="gid://syiq/Photo/383551">Currently the United States sits at number 19 when it comes to the maritime industry, a stark contrast to having been number one until the Second World War. “After that, incentives weren’t given to shipyards, labour cost was very high and there were too many regulations,” shares Sampriti. Yet the tides are turning: “It’s a huge geopolitical, national security and trade risk because 90 percent of goods are transported across the ocean.” Sampriti shares how, slowly, people are waking up to the maritime reality, “there’s a lot of push on ship building again. It’s not just about naval power, but rather building a maritime ground with standardised, common platforms that can be repurposed for defence, cargo and transportation.”Sampriti’s view is holistic, noting that “each of these platforms and ships have commonalities. At <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>, we’re focused on building the first-of-its-kind Generalised Marine Vessel Platform (GMVP), designed around three governing principles: low build and operation cost, longest range at speed, and operation across diverse sea states.” This is precisely where hydrofoils come in as they’re built for this multifunctionally. “They can carry big cargo and remain stable and have a much longer range than a general hull can have, and that’s really our ethos,” Sampriti notes. “We’re in an era of asymmetric warfare where a $1,000 drone can take down a billion dollar carrier craft,” something that is neither sustainable nor economically efficient. “You have to build things that can scale,” Sampriti continues, “to build vessels that are adaptable.”&nbsp;The goal for <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> is to be a dual-use company: to have a vessel that can be used for defence and civilian purposes. Just like aviation, <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> vessels also fit the high-end luxury industry of superyachts, “it’s like how the flight control system that is on US Navy vessels is the same flight control system we have in our recreational aircrafts.”<img src="https://photo-assets.superyachttimes.com/photo/383552/image/large-55de5dbef6f489e6c364a79356321084.jpg" data-gid="gid://syiq/Photo/383552">Altering the use of waterwaysFor centuries, and still in places like Venice and Amsterdam, people travel on the water. Overtime, roadways and railways didn’t just become more efficient, but boats became inefficient. “If you can solve the cost and comfort problem of small boats, then suddenly every Marina can be a transportation hub,” Sampriti continues, “you’re doing the same thing that trains and airways are doing, and starting an entirely scalable transportation network between every Marina. It’s a standardised network.”&nbsp;It’s these kinds of changes that motivates Sampriti to get up in the morning: to connect the world and everyday people, allowing them to travel from place to place at incredible speed. “Take a place like San Francisco: if you go from Martinez, it’s over two hours by land, due to traffic, but 45 minutes by water.” By introducing vessels like Sampriti’s, people can come to work in San Francisco, while living further out without losing too much time or money on a commute. “It creates more affordable housing, growth in infrastructure, and an accessibility to life.”The technology, however, is expensive. “We’re very fortunate,” Sampriti notes, “because there’s early champions like doctors who see the big vision.” The maritime industry is a very conservative one, making it essential to have people who understand the vision. “We get them to the boat show and introduce them to adventurers, explorers and pioneers that are willing to try this high-tech thing out. Owners of superyachts are precisely those kinds of people.” An industry filled with entrepreneurs and creatives, they become cheerleaders of innovation for businesses and ideas the likes of Sampriti’s.<img src="https://photo-assets.superyachttimes.com/photo/383517/image/large-bec9c81cb41170abd517704808fb1bcb.jpg" data-gid="gid://syiq/Photo/383517">Superyacht owners weren’t the clientele in mind when designing the best possible vessel, however, Sampriti has intentionally produced a limited number of recreational vessels. The idea is to build a community of explorers and mavericks at heart, who are pioneering a new era of sea adventure. “When you see people you aspire to be like, and those people are using these hydrofoil electric boats, it influences their audience and changes the way people look at maritime transportation, but also benefits the planet.Sampriti calls herself “very much of an optimist. I think in the long run, if you build a product that is helpful and useful for the world and it functions better than what already exists, I like to believe merit will win.” Sampriti knows that her <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> vessels will create an irreversible change in the maritime industry, “it might be slow at the start, but you push through.” It is precisely this optimism, tied with Sampriti’s vast experience in maritime technology and her care for the ocean that will help her continue to break maritime boundaries, one electric hydrofoil at a time.

Navier redefining boundaries of maritime transportation

The woman who is singlehandedly changing the maritime industry: Sampriti Bhattacharyya, the foundere and CEO of Navier

Sampriti and Navier: Redefining the boundaries of maritime transportation

A lifelong spearfisher, a captain and recently a broker, one can truly say that Cameron Kirkconnell is a man of the sea. Growing up in the Cayman Islands, traversing the globe, setting numerous spearfishing world records, and selling superyachts, the common denominator in all Cameron does is his profound sense of care, whether for clients, guests or colleagues.&nbsp;SuperYacht Times Features Editor Leona Caanen sits down with Cameron to chat about his journey from spearfisher to captain to superyacht broker.<img src="https://photo-assets.superyachttimes.com/photo/381245/image/large-b8435d19156ab8568d831fc861c03d0c.jpeg" data-gid="gid://syiq/Photo/381245">Captain, spearfisher, nomadCameron’s ties to the sea span back generations, to when his forefathers were shipwrecked off of Cuba six or seven generations ago. “They were found by a group of people from the Cayman Islands,” Cameron shares, “since then, our family has been there for about five generations.” Coming from a long line of captains, “we’re bred from the sea,” Cameron shares, “growing up, our entire lives were centred around going to the water, whether to dive or fish or go surfing.” Even when playing college league football and competitive water polo, Cameron always preferred to be in the water; whether hunting or fishing with his dad and cousins.&nbsp;After high school, Cameron attended and graduated from the Merchant Marine Academy, one of the best maritime schools there is. He left the academy with certification to work as a third officer with unlimited tonnage on any kind of ship. From there, Cameron followed in his ancestor’s footsteps, working his way up to captain, while traversing the globe onboard commercial vessels. &nbsp;Just like the superyacht industry, being onboard a commercial vessel means working on rotation. Saving up as much money as he could, Cameron would spend his time off travelling to remote corners across the world, finding places to go diving and fishing. “Until I met my wife, about 15 years ago, I had never paid rent. I never had a permanent place to stay.” <img src="https://photo-assets.superyachttimes.com/photo/381275/image/large-fcd8ed1b2fa264bc4bb6527665b6b9c5.jpg" data-gid="gid://syiq/Photo/381275">Having grown up fishing, spearfishing, and diving, Cameron went looking for other places to explore the ocean. “I fell in love with travelling. For eight or ten years, I went all over, from the South Pacific, Indian Ocean, East Coast of Africa, all through the Caribbean, and Central America.”No matter where he travelled in his time off, Cameron always aimed to give his all and strike gold when fishing: “I’m going to the best place at the right time, on the right moon, on the right tide, and I’m going to get the best fish that there is. Period.” With more than 19 world records to his name and another 30 or so achieved for and with others, the results underscore his efforts, yet he still remembers the one that started it all: “The first really significant world record I got was in Bali, Indonesia, catching a dog tooth tuna.”<img src="https://photo-assets.superyachttimes.com/photo/381247/image/large-9fdee404f4859a57081005654ec1f01f.jpeg" data-gid="gid://syiq/Photo/381247">Like father, like sonCameron is a family man at heart. Upon retiring from his solo global adventures, Cameron got married and started his family, although he did anything but settle down. Instead, he shares his passion for the sea with his kids, the oldest of which is already accompanying him on trips. “My son and I went up to the northern part of Norway and did a week of spearfishing together to try and get the world record for halibut,” Cameron shares. A record he, of course, achieved, yet the pride wasn’t in adding another record to his name, but rather in sharing it with his son.It was Cameron’s father that got him into spearfishing, with some of his earliest and best memories growing up in the Cayman Islands being with his father. “I was so small and I couldn’t swim, so he’d have his arm out and I’d be holding on, he’d be towing me around.” Already back then Cameron could spot fish better than anyone else; people would praise his skills, give a pat on the back: “I find I could, and can, just pick out minute details, spot something different and significant, only now to be overshadowed by my son,” Cameron shares, adding with a hint of pride: “he’s eleven,”“I bring my son on a lot of trips, he’s very good on the boat,” Cameron remarks, emphasising that his son isn’t just great at spotting fish and spearfishing, but also at spotting boats. “He’s a savage critic on boats… he’ll tell you straight up.” A character trait that Cameron is proud to see, “we’ve always pushed transparency in our kids, whether in business or in people, life is too short.”<img src="https://photo-assets.superyachttimes.com/photo/381248/image/large-4cf86a16eaa71752830ca731bb2a57d3.jpg" data-gid="gid://syiq/Photo/381248">Spearfisher turned brokerCameron himself also strives to be transparent, within his family life, in spearfishing and in business. While having spent most of his life in the water and plenty of time on boats, Cameron had never quite intended to become a superyacht broker, but like most things in his life, when the opportunity arose, he jumped right in, giving it his all.In sharing spearfishing with others, Cameron eventually landed in the world of superyachts. The first five or so years, he was managing everything by himself, but when the opportunity arose to join AJ Blackmon at <a data-gid="gid://syiq/Company/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikonic Yachts (Company)">Ikonic Yachts</a>, the choice was easy. “I needed the help; I needed the background, the back office, and the know-how of the yachts.” Yet it wasn’t just the professional timing that made the match; “AJ has this insane level of transparency and expertise; it’s unbelievable what he has put together and he is very humble.”<img src="https://photo-assets.superyachttimes.com/photo/381274/image/large-4eee43810e64eb39a7b11536ba71c90e.jpg" data-gid="gid://syiq/Photo/381274">Upon joining the <a data-gid="gid://syiq/Company/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikonic Yachts (Company)">Ikonic</a> team, Cameron notes how AJ has put together a great team, one that feels like a family office with no BS. “Putting together him and I and Matt and Ben and Hannah; it’s such a good set up,” Cameron enthuses, “not just for me but for my clients because everyone in the team is at the absolute pinnacle of their business. It’s the best of the best.”&nbsp;One of the most memorable yachts that Cameron has gotten to work with has been <a data-gid="gid://syiq/Yacht/6344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beast 39.2m (128'7&quot;)Profab Central Engineering Ltd2019">The Beast</a>, belonging to Sir Michael Hill. On a search for the ideal vessel to take Cameron and his team on remote spearfishing excursions, they ran into the 39-metre superyacht. “When we found the beast, we were like, where has this thing been? When going remote, you don’t just need a nice boat, you need all the functionalities required for such a mission,” says Cameron.<img src="https://photo-assets.superyachttimes.com/photo/217319/image/large-389761c0d05f0528314f5aab63e4b23a.jpg" data-gid="gid://syiq/Photo/217319">The vessel made a deep impression on Cameron, “I messaged him, saying ‘Hey Sir Michael, if you ever sell this thing let me know.” It’s a sentiment shared not only by Cameron, “every client that’s come on there has said the same thing.” Only a year and a half old at the time, Cameron today still seems impressed by the yacht: “he did such a good job building this boat. She’s easy to maintain, she can change her engines out herself, guests can stay in luxury spaces, it’s just an incredible set up.”Unfortunately, Sir Michael Hill passed away earlier this year, “he wouldn’t sell it to me but we kept in touch over the years. In the end, he was able to use <a data-gid="gid://syiq/Yacht/6344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beast 39.2m (128'7&quot;)Profab Central Engineering Ltd2019">The Beast</a> until his last days, spending time with his family onboard; it was wonderful for him… it’s something that we all dream of,” shares Cameron. After knowing each other for nearly seven years, Sir Michael has entrusted Cameron with the sale of the yacht, “he appreciates that the mission is going to go onwards.” <img src="https://photo-assets.superyachttimes.com/photo/381273/image/large-266341e6aba18b31b888b1f653dca2dd.jpg" data-gid="gid://syiq/Photo/381273">Although Cameron can’t quite disclose what exciting adventures <a data-gid="gid://syiq/Yacht/6344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beast 39.2m (128'7&quot;)Profab Central Engineering Ltd2019">The Beast</a> will embark on next, the yacht has generated so much interest, with three full-price offers within the first week, that Cameron and <a data-gid="gid://syiq/Company/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikonic Yachts (Company)">Ikonic Yachts</a> have started to design more yachts in a similar size, as well as bigger. “It’s a niche that needs to be filled, the desire for a true expedition boat. Not the buzzword that’s been going around but a truly self-sustaining vessel; a boat that can do some really cool stuff.”Most of the yachts that Cameron sells don’t reach the market. “The guys that want to go to these remote places, or kite surf or spearfish, they don’t want to see other boats, nor do they want other boats to have been there. They want to be able to visit unique and remote tolls. When these yachts become available, they snatch them up pretty quick.”<img src="https://photo-assets.superyachttimes.com/photo/99335/image/large-12f139a8fd50016263364bfee4501ec7.jpeg" data-gid="gid://syiq/Photo/99335">Transparency, care and dedicationWhat is most remarkable about Cameron and the way he goes about his work, whether spearfishing expeditions or selling superyachts. Staying true to his values, Cameron’s success stems from his transparency as well as his genuine care for his clients and the yachts.“I don't force any sale: It needs to be the right boat at the right time, and sometimes it's not the right time. I’ll tell them to wait for the right time and I think that transparency has done me very well. I'm probably too emotional about it just because I truly care about my clients and I care about the boats,” shares Cameron. “If they call and there’s a line wrong in the paperwork, it affects me, it hurts my heart because I want everyone to be happy.”While Cameron knows he is possibly too emotionally invested in every sale, it is precisely his attention to his clients, the vessel and detail that makes him so good at what he does. “People know I actually care,” Cameron adds.<img src="https://photo-assets.superyachttimes.com/photo/381249/image/large-c781199ba8a652c915d45588514834b4.jpg" data-gid="gid://syiq/Photo/381249">In an industry as extravagant and luxurious as superyachts, it is refreshing to find someone so passionate about his work; not from a financial perspective, but from a love of giving people the best possible experience, whether in spearfishing a world record or purchasing a superyacht. When you work with Cameron, you know you’re working with someone who has a lifetime of experience accompanied by a profound care for all he does.

Cameron Kirkconnell: From spearfisher to superyacht broker 

A lifelong spearfisher turned captain turned superyacht broker: this is Cameron Kirkconnell

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It isn’t every day that the superyacht press finds itself on a video call with one of the most influential figures in technology. But when Gabe Newell, co-founder of Valve and now shareholder at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, appeared on screen for a private roundtable with a select group of journalists during the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show</a>, the atmosphere was one of curiosity and anticipation. For an hour, he spoke candidly about his unlikely journey into yachting, his vision for research-led fleets and why he believes there will always be interesting technologies and opportunities to build more boats.<img src="https://photo-assets.superyachttimes.com/photo/372661/image/large-efbaa1c91bfa6988f938d8e2732895dd.jpg" data-gid="gid://syiq/Photo/372661">“I wasn’t interested in yachts at all,” he admitted with disarming honesty over the call, explaining how a surprise charter onboard the 77.6-metre <a data-gid="gid://syiq/Company/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vosper Thornycroft (Company)">Vosper Thornycroft</a> <a data-gid="gid://syiq/Yacht/301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M577.6m (254'7&quot;)Vosper Thornycroft2004">M5</a> (ex. Mirabella) for his ex-wife’s 50th birthday turned into the start of a lifelong passion. “I thought I was going to be miserable. Instead, I discovered this incredible way to spend time with friends and family.”That first charter led to many more. Then came ownership. Then, inevitably, came shipbuilding. Today, Newell not only owns a growing fleet, but also lives full-time at sea. “Other than a couple of months in 2021, I’ve been living onboard ever since the pandemic,” he said, leaning back in his chair on screen. His three cats, he joked, are just as bemused as he is when the captain informs them which vessel they’re moving to next.<img src="https://photo-assets.superyachttimes.com/photo/319785/image/large-4bb2a8fa9dff74386dd0cf81c8991888.jpg" data-gid="gid://syiq/Photo/319785">The scale and diversity of Newell’s fleet is unusual, even by superyacht standards. He counts the 78.5-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/10" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocinante78.5m (257'7&quot;)Lürssen Yachts2008">Rocinante</a> as his first acquisition, the 72.15-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> yacht <a data-gid="gid://syiq/Yacht/5955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Game Changer72.15m (236'9&quot;)Damen Yachting2017">Game Changer</a> as a support vessel, and both <a data-gid="gid://syiq/Yacht/4018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Draak91.5m (300'2&quot;)Oceanco2014">Draak</a> and the new-build 111-metre superyacht <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> as those included under his ownership. Beyond the traditional yachts, however, lies an array of research platforms, including the 68.2-metre <a data-gid="gid://syiq/Company/3754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tacoma Boat Building Co (Company)">Tacoma Boat Building</a> vessel <a data-gid="gid://syiq/Yacht/10637" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dagon68.28m (224'0&quot;)Tacoma Boat Building Co1985">Dagon</a> which operates as a full-ocean-depth surface platform and the 55.75-metre <a data-gid="gid://syiq/Company/1643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Auroux (Company)">Auroux</a> vessel <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydra55.75m (182'11&quot;)Auroux1974">Hydra</a> which is designed for coastal studies.&nbsp;He also has a 35-metre sportfisher in development at <a data-gid="gid://syiq/Company/474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Developments (Company)">Yachting Developments</a>, that will travel with the main boat and the support boat, and has signed an agreement with <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> for the 100-metre <a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a>, which will carry a 6,000-metre-capable remotely operated vehicle for submarine rescue and ocean science, and the research vessel <a data-gid="gid://syiq/Yacht/17142" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV11000162.0m (531'6&quot;)Vard Group AS2030">RV11000</a>, which is still in development.&nbsp;While the fleet is diverse, the vision is consistent that yachts are not just used as platforms for leisure, but as tools for exploration and science. Through Inkfish, his marine research organisation, Newell supports scientists with access to deep-sea technology, from advanced ROVs to mapping equipment. “Our focus is to be a service organisation to the scientific community,” he explained. “We ask scientists directly, what’s helpful? Sometimes that means getting them to critical parts of the ocean. Sometimes it means grants to process the data we collect. The point is to be led by science, not by ego.”<img src="https://photo-assets.superyachttimes.com/photo/367974/image/large-ea8d38f7ced1d8b2d5c392d963d93997.jpg" data-gid="gid://syiq/Photo/367974">At one point during the call, he described how high-school students had boarded his research vessels, watching specimens being prepared, and later wrote to ask when the boats would return. He smiled as he recounted their excitement: “That’s the impact I want to see. When the community says, ‘You’re coming back? Hooray!’ then we know we’re doing it right.”If his research ambitions are ambitious, his philosophy as a yacht owner is just as striking. Newell has imported the mindset of a software engineer into yacht design, thinking in terms of productivity and user experience.On <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>, for instance, the deck is not teak but <a data-gid="gid://syiq/Company/7672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bolidt (Company)">Bolidt</a>. “I’d rather the crew spend less time polishing decks and more time interacting with guests,” he said. “It’s about maximising the valuable experiences onboard. Do you want your crew polishing chrome, or taking your child out on a Jet Ski? To me, it’s obvious.”That approach extends deeper, with crew actively designing tenders, galleys and operational spaces. “We started by asking our dive team to design their own tender. The results were so good that we realised, the more you involve the crew in design, the better the outcomes.” On screen, he gave a small shrug as if to say the idea was obvious, though it represents a radical departure from how most yachts are conceived.Few yacht owners speak as comfortably about CNC machining, AI models or pressure vessels as they do about cruising grounds. For Newell, technology is not an accessory to his yachting, but the foundation of it. A self-taught machinist who once kept a five-axis CNC mill in his living room, he now funds advanced material research. <img src="https://photo-assets.superyachttimes.com/photo/367451/image/large-26f50ff0e23faff563f5ba25af0026b5.jpg" data-gid="gid://syiq/Photo/367451">One project in partnership explores aluminium oxynitride, a transparent ceramic stronger than titanium. “It’s so strong that titanium becomes the gasket material,” he said, eyes lighting up through the video link. The aim, to build a fully transparent, full-ocean-depth submersible hull.Newell was also an early funder of OpenAI, and speaks enthusiastically about applying machine learning to shipbuilding. “Putting stress and strain gauges everywhere, collecting time-series data and comparing it to model predictions, that’s where AI can validate and improve design. It’s about putting shipbuilding in front of the wave of technological advancement.”Examples already in place include pathogen-detection systems onboard to identify influenza or RSV, and discussions around bridge systems that use augmented reality to detect submerged objects at night. “Machine vision is already better than humans in many cases,” he said. “It’s just about integrating it in a way that enhances safety.”<img src="https://photo-assets.superyachttimes.com/photo/372683/image/large-fde494e79d89a678a296d7074c300d04.png" data-gid="gid://syiq/Photo/372683">Gabe Newell acquired <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> in August 2025, stating he intends to support and reinforce its existing culture, which he views as effective, principled and forward-looking. The investment in <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> itself stemmed not from a cold business calculation, but from a sense of belonging. Building <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> with the yard’s CEO Marcel Onkenhout and his team created a natural partnership for Newell.“It didn’t feel adversarial. It felt like collaboration,” Newell explained. “I was fanboying all over Marcel and his team. The quality made me root for them. Eventually it was like, how can I be part of this team too?” The result was a formal stake in <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, but with a philosophy that profit alone is not the driver. “The goal is to create happy customers. Profit is just the signal that you’re doing better than others. My focus is on how to make already brilliant yachts even more valuable to owners.”<img src="https://photo-assets.superyachttimes.com/photo/365665/image/large-908318675f42f6a91544e68f54985a77.png" data-gid="gid://syiq/Photo/365665">For Newell, the process of designing and building yachts has become as much a joy as the finished vessels themselves. “I’ll actually be sad when <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> is delivered, because I’ve loved working with the team,” he admitted via the video link. Asked whether he will always be building yachts, he admitted that it's an ongoing conversation and that there will always be interesting opportunities to move technology forward in the industry, in ways that might be too risky to ask another owner to take on. “In those cases, we could look at a speculative project or something I’d build myself, which gives the yard more design freedom. But it depends on what the team at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> wants to try.”It is a revealing answer. For an industry often shrouded in secrecy, Newell brings not only capital and innovation, but a refreshing openness. He jokes about his cats, shares anecdotes of his children, and speaks earnestly about wanting yachts to be seen as good actors in the communities they visit.Marcel, speaking towards the end of the call, agreed wholeheartedly. “What has always bothered me most in 30 years is the secrecy and gossip,” he reflected. “In the years ahead, we want to lead by example, and transparency will be part of that.”<img src="https://photo-assets.superyachttimes.com/photo/367971/image/large-02a0541df7b4d8e25e92bf73af030e34.jpg" data-gid="gid://syiq/Photo/367971">Gabe also noted that many of his peers in the American tech world “aren’t nearly as aware of yachts and yachting as a lot of people in Europe,” and that simply getting them onboard could be transformative. “It’s a little like shooting fish in a barrel,” he said with a grin. “There are so many people who would never think about yachts, but once they experience it, they’ll realise it has an important role to play in their lives.” For Newell, the challenge lies in making the sales process experiential, because simply getting potential owners onboard, he argued, is often enough to change perceptions entirely.As the call drew to a close, he turned the tables on the assembled journalists: “What do you want <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> to do?” It was a fitting end from a man whose career has been built on questioning assumptions, listening closely and then reimagining what is possible.

Gabe Newell: Life at sea and building the future with Oceanco

Gabe Newell speaks about his fleet, Oceanco investment and vision for yachting innovation.

From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco

When you think of European luxury yachting, Poland probably isn't the first country that comes to mind. But following a five day trip between shipyards, sailmakers and engineering labs across the Tricity region, it’s clear to me that perception is overdue for a shift. Once known primarily for its commercial shipbuilding and maritime manufacturing, the country is now steadily gaining ground as a serious player in the luxury and leisure yacht sectors.&nbsp;Hosted by the Polish Investment and Trade Agency (PAIH), I travelled from the historic port of Gdańsk to the industrial heart of Ostróda and the bustling docks of Gdynia to get a behind-the-scenes look at a country quietly positioning itself in the global yacht market.<img src="https://photo-assets.superyachttimes.com/photo/366862/image/large-5c008d5991b28db4b21aec5d72f19d8d.jpg" data-gid="gid://syiq/Photo/366862">A legacy built on heritageMy journey through Poland’s yachting industry began in Gdańsk, a city where shipbuilding is stitched into the very fabric of its identity. Once the largest port in the Polish–Lithuanian Commonwealth, Gdańsk thrived on trade routes that brought grain and timber down the Vistula River. At the centre of this historic trade route stands the Gdańsk Crane, first mentioned in 1367, which once hoisted masts onto ships and unloaded barrels of cargo. Today, it remains a symbol of the city’s longstanding maritime significance.Just a short walk from the crane, moored in the Motława River, is the SS Sołdek, the first seagoing ship built in Poland after World War II. Now part of the National Maritime Museum, this steel-hulled coal and ore freighter marks the rebirth of Polish shipbuilding during the country’s post-war industrial recovery. <img src="https://photo-assets.superyachttimes.com/photo/366859/image/large-6529753995d289ab9373a345bdc69d1b.jpg" data-gid="gid://syiq/Photo/366859">But Gdańsk's legacy isn’t built on engineering alone. In the 1980s, the Gdańsk Shipyard became the cradle of the Solidarity movement, a peaceful uprising sparked by shipyard workers demanding fair wages and basic rights. Led by electrician-turned-activist Lech Wałęsa, Solidarity grew from a local strike into a national movement that would shake the foundations of the Eastern Bloc. The cost was high, lives were lost and many protesters faced imprisonment. But its impact was profound, setting off a chain of events that helped bring down communist regimes across Central and Eastern Europe and contributing to the fall of the Berlin Wall.Today, the spirit of Solidarity still lingers on the waterfront, with many of the same buildings that once launched freighters and naval vessels, now home to superyacht builders, catamaran innovators and composite specialists. Proof that Polish shipbuilding, like its history, is built to endure and adapt.<img src="https://photo-assets.superyachttimes.com/photo/366864/image/large-5d2f8bd5103525e9cd578a1aaee7c0a4.jpg" data-gid="gid://syiq/Photo/366864">The shipyards of todayAt <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad Shipyard</a> that transformation is already well underway. With its roots in commercial construction and a location at the heart of the Gdańsk waterfront, the yard has established itself as a builder of bespoke superyachts. Its attention to detail and capacity for custom builds make it a standout performer in Poland.“We see <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> as a boutique shipyard,” explained Chairman and CEO Mikołaj Król. "We’re not just about volume, we’re about relationships. Every project is highly personalised and our aim is always to deliver the highest quality yacht we possibly can.”<img src="https://photo-assets.superyachttimes.com/photo/278836/image/large-88348ea6a1463341d01e4e0f1900a592.jpg" data-gid="gid://syiq/Photo/278836">The shipyard was established in 2003 by Marine Projects as a division for superyachts, with the first yacht produced under this division, the 26.82-metre Escape S (now <a data-gid="gid://syiq/Yacht/8855" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Driven26.82m (87'12&quot;)Conrad Yachts2005">Driven</a>), delivered in 2005. <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> currently has two superyachts in-build at the shipyard, consisting of the third 44.27-metre Conrad C144S motor yacht <a data-gid="gid://syiq/Yacht/12110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Leen44.27m (145'3&quot;)Conrad Yachts2025">Project Moonlight</a> and the 41.8-metre Conrad <a data-gid="gid://syiq/Yacht/12403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coone 14041.8m (137'2&quot;)Conrad Yachts2027">C-140</a> sailing yacht, with delivery dates of 2025 and 2027 respectively.<img src="https://photo-assets.superyachttimes.com/photo/366863/image/large-ba8bec1e3f682c01b6f760b68549b6b6.jpg" data-gid="gid://syiq/Photo/366863">Following the launch of the first hull, <a data-gid="gid://syiq/Yacht/9149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ACE44.27m (145'3&quot;)Conrad Yachts2023">ACE</a> in 2022, the award-winning C144S model really put <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> on the map. Establishing them as a key player in the industry, it has allowed them to develop their facilities further, with two sheds accommodating yachts of up to 60 metres each.&nbsp;“Sometimes, dreams really do come true. Twenty years ago, we were looking up at the stars, wondering if we could ever match some of the other established names in the industry. Now, we’re building 42-metre sailing yachts. That really says something!” added Król.Watch: <a data-gid="gid://syiq/Article/60576" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Conrad Shipyard - The Polish yard that is shaking up the industry (2024-05-28 15:00:00 +0200)">Conrad Shipyard - The Polish yard that is shaking up the industry</a><img src="https://photo-assets.superyachttimes.com/photo/366857/image/large-7ea23387c38fa895bef2f0f429e8f981.jpg" data-gid="gid://syiq/Photo/366857">Meanwhile, in the nearby Przeróbka district, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> is redefining the multihull market. Known for its large, luxury catamarans, the yard is expanding both physically and creatively. Its in-house research into solar integration and eco-conscious propulsion is pushing boundaries, while its in-demand portfolio is helping to put Poland firmly on the global yachting map.“In the beginning, customers weren’t convinced that Poland could produce luxury goods and that included Polish customers too,” explained CEO Francis Lapp. “We had to change that perception through results.”<img src="https://photo-assets.superyachttimes.com/photo/366865/image/large-d9b63cbd5915a2a18a043d77990f44da.jpg" data-gid="gid://syiq/Photo/366865"><a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> currently has several yachts in-build at its facility in Gdansk, with an extensive tour around the yard revealing a diverse and dynamic production line that includes sailing and power catamarans ranging from 24 to 42 metres. Among the highlights were multiple units of the new Ultima 88 series, with the first due to launch in late 2025, as well as several 30 metre sail and power models in various stages of construction.“Gaining trust doesn’t happen overnight. You need to prove yourself by building ten, twenty, even a hundred yachts before people really believe in what you do. But over time, people saw that even though we were building in Poland, the quality was there,” added Lapp.<img src="https://photo-assets.superyachttimes.com/photo/366866/image/large-e065fabba23dfb9d15f70c3455a5ef6a.jpg" data-gid="gid://syiq/Photo/366866">Over the past two decades, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>’s trajectory has done more than shape a brand, it has helped shift international perceptions of Polish shipbuilding itself. By exporting high-end catamarans to owners around the world, Lapp has positioned Poland not only as a competitive manufacturing base, but as a country capable of delivering innovation, craftsmanship and luxury.As Artur Połoczański, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>’s Public Relations Director reflected, “Francis didn’t just build yachts, he helped promote the entire country.”Read: <a data-gid="gid://syiq/Article/63207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charting a bold course: How Sunreef Yachts is shaping the future of luxury multihulls (2025-05-20 11:15:00 +0200)">Charting a bold course: How Sunreef Yachts is shaping the future of luxury multihulls</a><img src="https://photo-assets.superyachttimes.com/photo/367496/image/large-520650af0fa844ee8385b500cae8ebfe.jpg" data-gid="gid://syiq/Photo/367496">Elsewhere in Gdańsk, I visited one of Poland’s most established sailmakers, Sail Service, to see firsthand how sails are designed, cut and assembled. Founded in 1987, the company continues the traditions of the J. Conrad sail-loft and supplies sails to tall ships, expedition yachts and racing craft in over 20 countries.Sail Service also specialises in protective covers and is the exclusive Polish distributor of brands such as Ronstan, Andersen and Flexiteek. Their blend of traditional craftsmanship and high-tech production makes them a trusted partner to individual clients, charter fleets and series yacht builders alike, further reinforcing Poland’s reputation for quality marine manufacturing.<img src="https://photo-assets.superyachttimes.com/photo/367495/image/large-85e7cbfd68e5c3757184cfffeba10274.jpg" data-gid="gid://syiq/Photo/367495">“We’re proud to be part of a tradition that proves Poland can deliver both precision and performance, not just in sails, but across the entire yachting supply chain,” concluded Paweł Roslen, Manager of Sales.The following day began with an early drive through the Polish countryside to Ostróda to Model-Art, where I toured their expansive production halls and witnessed several projects in various stages of construction. Founded in 1998, Model-Art has grown into one of Poland’s most advanced composite boat builders, operating across three production sites.&nbsp;The company builds leisure motor boats ranging from six to over 12 metres in length, serving major international clients such as <a data-gid="gid://syiq/Company/5844" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nimbus (Company)">Nimbus</a>, Parker, <a data-gid="gid://syiq/Company/4188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Windy Boats (Company)">Windy</a>, Askeladden and <a data-gid="gid://syiq/Company/5873" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Antonio Yachts (Company)">De Antonio Yachts</a>. Boats from the Ostróda facility have been recognised at major shows including the <a data-gid="gid://syiq/Company/4556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival (Company)">Cannes Yachting Festival</a>, boot Düsseldorf and the Fort Lauderdale International Boat Show.Model-Art also maintains close ties with the Gdańsk University of Technology and a local high school in Ostróda, supporting education through hands-on training, internships and collaboration on real-world projects. <img src="https://photo-assets.superyachttimes.com/photo/367514/image/large-25684ff68698c9f1de8a6c82fb162824.jpg" data-gid="gid://syiq/Photo/367514">Education is key for expansionIf Poland is to continue its trajectory in the yachting sector, it will be thanks to the pipeline of talent emerging from its technical schools and universities, a fact recognised across every yard we visited. Institutions like the Gdańsk University of Technology, whose Faculty of Mechanical Engineering and Ship Technology is producing the next generation of naval architects, marine engineers and composite specialists; are a central pillar in Poland's ability to deliver high-spec projects and support innovation in design and production.The Faculty of Mechanical Engineering and Ship Technology is equipped with advanced labs for materials testing, CAD/CAM simulation and hydrodynamic research. Students and researchers benefit from access to full-scale prototyping tools, workshops and partnerships with shipyards, giving them practical experience that directly translates to industry impact.The technical training and close links between academia and industry have helped Polish builders remain competitive internationally, offering an appealing balance of cost, quality and engineering credibility.<img src="https://photo-assets.superyachttimes.com/photo/367522/image/large-93f2d3c6d51a9644cae5d15a8dec1c01.jpg" data-gid="gid://syiq/Photo/367522">POLBOAT Yachting Festival But technical capability is only part of the picture. Industry visibility both domestically and abroad is crucial to Poland’s continued emergence as a force in yacht building. That’s where the POLBOAT Yachting Festival comes in.Now in its sixth year, the festival has grown into the country’s most prominent in-water yacht show, held annually at Marina Yacht Park in Gdynia. This year’s edition showcased over 120 vessels, surpassing last year’s record and included 25 national and international premieres.During the opening ceremony, industry leaders, local officials and international guests gathered in solidarity, reflecting on both the challenges and the resilience of Poland’s marine sector. “Thank you for being here, even though these are difficult times,” said the event’s organiser in his welcome address. “I saw all of you arriving and I felt that we will get through these challenges because we’re together. That’s our strength, that’s the strength of the Polish yachting industry.”<img src="https://photo-assets.superyachttimes.com/photo/367521/image/large-0a8e83a731c6a772e1a11d46e14e39d3.jpg" data-gid="gid://syiq/Photo/367521">Among the many Polish brands exhibiting at the festival, Parker Poland and N’Fun Yachting offered us the chance to get out on the water and experience their models firsthand. During sea trials along the Gdynia waterfront, both companies demonstrated the strengths of their build quality and design philosophy. Parker showcased their robust, family-friendly powerboats and N’Fun offered a nimble sailing experience onboard their sporty, N Fun 30 yacht.But it was Gdynia’s mayor, Aleksandra Kosiorek, that summed up the festival perfectly, “This event is not only a celebration of technology, it is also a celebration of innovation, inspiration and connection. We’re proud that Gdynia can host this showcase of Polish talent and craftsmanship.”<img src="https://photo-assets.superyachttimes.com/photo/366860/image/large-a6966772b2a18b184f1ad5341a115888.jpg" data-gid="gid://syiq/Photo/366860">The future of Polish yacht buildingFrom world-class catamarans built in Gdańsk to recreational motor boats in Ostróda, Poland is home to a quiet ecosystem of highly skilled shipyards, engineers and craftsmen who are increasingly stepping onto the international stage. With strong educational institutions like the Gdańsk University of Technology fuelling a skilled workforce, and shipyards such as <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> delivering high-specification builds to global clients; Poland is assembling the key ingredients for long-term relevance in European yacht building.&nbsp;The transition from industrial production to high-end yacht construction is not simply a business pivot, it is a cultural and generational evolution rooted in strength, purpose and pride. As one executive put it during the tour, "Poland doesn’t need to reinvent itself, it just needs to be seen." In that respect, Poland may not only be on the rise, it may already be poles ahead.

Poland: The rise of the country as a yachting powerhouse

Sophie Spicknell explores how Poland is becoming a powerhouse in the world of yachting, through its rich maritime history. 

Made in Poland: The country quietly positioning itself as a yachting powerhouse

“I constantly evaluated our production standards in Croatia and have recognised opportunities for real improvement. There's a common perception that Italian and German craftsmanship are the benchmarks, so we're motivated by the question: how can we elevate our standards and excel beyond expectations here in Croatia?” remarked Antonio Ivanisevic, co-founder and CEO of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>, during a meeting at this year’s <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a>.<img src="https://photo-assets.superyachttimes.com/photo/336087/image/large-ee474d3df29dc74a3870a4c760d78a38.jpeg" data-gid="gid://syiq/Photo/336087">Based in the vibrant Port of Krilo in Jesenice, Croatia, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> has carved out a niche in building large sailing yachts. Since its inception, the shipyard has launched three sailing superyachts: the 48.24-metre <a data-gid="gid://syiq/Yacht/12541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Clase Azul48.24m (158'3&quot;)Tramontana Yachts2022">Clase Azul</a> in 2022, the 52.3-metre <a data-gid="gid://syiq/Yacht/12688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scorpios52.3m (171'7&quot;)Tramontana Yachts2023">Scorpios</a> in 2023, and the 53-metre <a data-gid="gid://syiq/Yacht/13240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reposado53.0m (173'11&quot;)Tramontana Yachts2024">Reposado</a> this year. <a href="http://superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">Superyacht Times</a> Features Writer Enrico Chhibber met with Ivanisevic to discuss the origins of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>, the trends in the Croatian yachting market, and the company's future plans.<img src="https://photo-assets.superyachttimes.com/photo/249302/image/large-2995788e3ec8e52199abb970538690d1.jpeg" data-gid="gid://syiq/Photo/249302">Deep Croatian roots&nbsp;On the origins of the name <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>, Ivanisevic elucidated that it is a blend of Slavic and Italian, reflecting the family's heritage and symbolising a wind that comes from the mountains. He added, “Krilio is renowned for its very pleasant winds.”Delving into his background, Ivanisevic shared that he was born in Melbourne, Australia, as his family sought refuge from the war in Croatia in 1991. His mother is Italian and his father Croatian. “We moved back when I was young, in the early 2000s, and I grew up in Krilo, a small coastal town on the Dalmatian coast,” he remarked. From a young age, Ivanisevic felt a profound connection to the sea and his Croatian heritage, noting his family's 13-generation lineage from the Split region on his father’s side. “Having worked as a barman on boats and later as a cruise manager, I’ve always been passionate about the sea and serving people,” he explained.<img src="https://photo-assets.superyachttimes.com/photo/336088/image/large-f86ca04024d9b798a74c86f0023f7d15.jpeg" data-gid="gid://syiq/Photo/336088">The founding of&nbsp;<a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yacht</a>sWhen asked about his inspirations for founding <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>, Ivanisevic cited a significant historical figure in his family. “One of my biggest inspirations was my father’s great-uncle, Don Frane, a senator and a priest three generations ago,” he explained. Don Frane was deeply involved in the export-import business, trading wine and oil with Italy using boats that were simply equipped, with just a captain’s cabin. Ivanisevic continued, “He was a visionary, investing heavily in people’s education – a rarity at the time – &nbsp;and developing financial institutions like a treasury bank, to promote regional development.” Don Frane also contributed to the infrastructure of their hometown, developing the port area in Krilo, which is now being transformed into a marina by the Croatian government.Today, the port in Kirilo is home to around 60 houses and accommodates approximately 300 boats, including many large yachts. He noted, however, that many of these 'yachts' are actually mini-cruise ships and day boats, built in Croatia and owned by Croatians. Discussing the motivation behind founding <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>, Ivanisevic explained it stemmed from the contradiction he saw between subpar finishing on Croatian day boats, and the international acclaim for Croatian craftsmanship. “We often hear from other shipyards, especially in the Netherlands, that Croatian welders are among the best,” Ivanisevic commented. “This led me to question, why can’t we do it ourselves, and do it better right here in Croatia?"<img src="https://photo-assets.superyachttimes.com/photo/336089/image/large-04fd569dfe074819ac77a967ed4b52fd.jpeg" data-gid="gid://syiq/Photo/336089">Building the businessIvanisevic elaborated on his entry into the yacht chartering business, managing bookings personally and encountering numerous remarkable individuals along the way. “These experiences have highlighted the significant, yet often underestimated, role of tourism in our country. We are, in essence, ambassadors of our nation. So why should we settle for mediocrity when we can strive for excellence?” he reflected. Admittedly, he acknowledged, creating a yacht brand was an ambitious venture, but a vision he passionately pursued.As Ivanisevic progressed to the next step of securing financing, he shared his unique approach with potential investors. Insisting on a personal connection before finalising any deals, he even arranged for the investors to meet his family, an introduction that culminated in a barbecue at his mother’s house. After successfully securing the funding, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a> acquired a yacht hull during the COVID-19 pandemic, which became <a data-gid="gid://syiq/Yacht/12541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Clase Azul48.24m (158'3&quot;)Tramontana Yachts2022">Clase Azul</a>. This initiative was soon followed by the construction and launches of <a data-gid="gid://syiq/Yacht/12688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scorpios52.3m (171'7&quot;)Tramontana Yachts2023">Scorpios</a> and <a data-gid="gid://syiq/Yacht/13240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reposado53.0m (173'11&quot;)Tramontana Yachts2024">Reposado</a>.<img src="https://photo-assets.superyachttimes.com/photo/307841/image/large-3f3cff2b1a812a243903373ce5b5c03b.jpg" data-gid="gid://syiq/Photo/307841">Construction capacity<a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>’s construction capacity is of two new-builds per year, for projects of up to 70-metres in length, as detailed by Ivanisevic. “All processes are managed in-house, with each project initiated six months apart,” he stated. The decision to cap yacht sizes at 70-metres is strategic as “the size is the maximum our team feels comfortable managing, allowing us to maintain quality without significant risk,” he noted.Initially, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> chose to focus exclusively on sailing yachts. Reasons for this cited by Ivanisevic &nbsp;included the fact that: “Producing sailing yachts uniquely positions our brand in the Croatian market, where we are the sole shipyard pursuing this niche.” He added that, “this strategic approach not only enhances the distinctiveness of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> but also avoids mimicking existing designs.” The production rate set at one 50-metre vessel every 12 months was designed to make a significant impact quickly. Each yacht is crafted with comfort as a priority, primarily targeting the charter market.” This focus has yielded success, despite sailing yachts traditionally having a narrower appeal, emphasising pleasure over performance, shared the founder.In terms of clientele, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> serves a global market, predominantly attracting customers from North America, the UK, and Europe, with a growing presence in other regions. When it comes to the design of the yachts, Ivanisevic, along with his brothers, prioritises the guest's perspective. “First, we build for the client's needs, then we construct everything else around that,” he detailed. A notable highlight is the ample space and the toy garage, designed to enhance client satisfaction. “After establishing these key elements, we ensure that everything else follows suit,” he added.<img src="https://photo-assets.superyachttimes.com/photo/284799/image/large-6aea6d7d4a95a56298c6436d0861a805.jpeg" data-gid="gid://syiq/Photo/284799">Croatian market&nbsp;Croatia has increasingly become an attractive destination for yacht charters. Ivanisevic attributes this to several factors: Croatia's progress, its recent entry into the Schengen Area, the growing recognition of the country's beauty, its reputation as a safe destination, and the development of more marina infrastructure.Croatia has traditionally not been associated with new-build superyachts. However, Ivanisevic believes it can position itself as an appealing new player in the market. He explained, “While Dutch and German craftsmanship are renowned for their high quality, they come at a high cost. Turkish construction costs are also on the rise, and Italy, despite being a major yacht building hub, has also seen an increase in prices. In contrast, costs in Croatia are generally lower than in Italy and Turkey, making it an increasingly attractive option for potential buyers.”<img src="https://photo-assets.superyachttimes.com/photo/318724/image/large-3d3f1624fac652f547408a80edf788e0.jpg" data-gid="gid://syiq/Photo/318724"><img src="https://photo-assets.superyachttimes.com/photo/318760/image/large-ce9ef116c84748f7b71511d23f09acde.png" data-gid="gid://syiq/Photo/318760">Future plans and developmentsIvanisevic shared insights into the ambitious future plans for <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>. He revealed that the company is in the process of acquiring a significantly larger yard to expand their facilities. “Our focus will shift more towards new-builds, including series-built sailing yachts and motor yachts. We are also exploring the potential of opening a refit division,” he stated. The decision to expand into motor yachts is driven by increasing brand awareness and demand. Ivanisevic is confident about the brand's association with Croatia, emphasising, “When people think of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>, they think of quality, safety, and the best of Croatia. We aim to represent our country in the finest way possible.”<img src="https://photo-assets.superyachttimes.com/photo/318736/image/large-865bf4ae03f206b90245d9730bc64bc1.png" data-gid="gid://syiq/Photo/318736">

Antonio Ivanisevic on founding Tramontana Yachts

Discover how Tramontana Yachts elevates Croatian craftsmanship. CEO Antonio Ivansevic shares their journey, recent launches, and future plans.

Pleasant winds: Antonio Ivanisevic on founding Tramontana Yachts

When considering Spain, attention often centres on its well-established cruising destinations, refit facilities, and marina infrastructure, rather than on yacht design. Yet, standing apart from this, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna</a>, founder of the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a> in Barcelona since 1984, has emerged as a key figure in the Spanish yacht design landscape, with expertise spanning both exterior and interior design.Originally from Argentina, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> moved to Spain in 1976. His portfolio showcases a diverse range of yachts. These include the 65.2-metre Phinisi sailing yacht <a data-gid="gid://syiq/Yacht/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lamima65.2m (213'11&quot;)C.V. Mutiara Murni2014">Lamima</a>, 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)">Metalships &amp; Docks</a> superyacht <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>, the 28.8-metre <a data-gid="gid://syiq/Company/978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monty North (Company)">Monty North</a> sailing yacht <a data-gid="gid://syiq/Yacht/7380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Free At Last 28.8m (94'6&quot;)Monty North2000">Free At Last</a>, and the 25-metre <a data-gid="gid://syiq/Company/5473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moreno Pujal (Company)">Moreno Pujal</a> sailing yacht <a data-gid="gid://syiq/Yacht/3457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blalumar25.0m (82'0&quot;)Moreno Pujal2000">Blalumar</a>. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>'s work also extends beyond pleasure craft to include the design of commercial vessels.<img src="https://photo-assets.superyachttimes.com/photo/332613/image/large-9d1733fb10c8e9b8336a013e1e6bdd99.jpg" data-gid="gid://syiq/Photo/332613"><a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> is extensively involved in the latest <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> new-build, a 37.5-metre <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">CdP</a> Custom explorer yacht, where he is responsible for both the exterior and interior design as well as the naval architecture. The discussion explored his entry into the yachting industry, his collaboration with <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, the diverse yachts he has designed, and the future plans for his design house.Entrance to the yachting industryBorn in Argentina, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> has had a passion for racing sailing yachts since his childhood. With a background in civil engineering, he moved to Barcelona, in Spain, where he worked in architecture for a year. “At that time in Barcelona, there was only one school, a sailing school here in Barcelona, and they asked me to be a partner. So I left architecture and started to sail. The sailing school operated from May to October, and during the winter, we would assist shipyards or transport vessels and yachts,” recounted <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>.&nbsp;&nbsp;He described his entry into yacht design as accidental, beginning with a desire to design a boat for himself. "By chance, I found a mould of a hull behind an old sailing school building. I asked around, ‘What is this?’ They told me it belonged to a businessman, so I asked, ‘Do you have his contact details?’ They gave me a phone number. It turned out to be a very nice racing 46 foot sailing boat designed by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">Germán Frers</a>,” he added.Continuing the story, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> clarified that he initially tried to buy the hull to build a boat for himself. “At that time, I was collaborating with a shipyard, and I met the owner at the yacht club here in Barcelona," he recalled. "He saw me drawing a new interior design on an A4 leaflet and asked what I was doing. I told him that I found this hull and was trying to buy it to make myself a nice racing sailing boat.”The owner then asked <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> to design a similar boat for him, and <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> agreed, noting: "We didn't discuss time or money; that was really the extent of our conversation." He continued, stating: "three months later, I called him and presented the design for a 47-footer. He liked it and said, alright, I will build it.’ That was how it all began, just as simple as that.”After establishing his eponymous label, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> transitioned from designing small racing sailing yachts to creating both sailing and motor superyachts. He described this shift as a “natural evolution,” driven by customer demand for larger sailing yachts and motor yachts.<a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a>To <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>, the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a> can be characterised as a "one-stop studio," involved in every aspect of yacht design, from exterior styling and structural work to interior design." He credits his multifaceted approach to his background as a civil architect. <img src="https://photo-assets.superyachttimes.com/photo/272616/image/large-4d02988bb40a3093e5f7d97d21b314f0.jpg" data-gid="gid://syiq/Photo/272616">Other services provided by the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a> in the superyacht sector include refit consultancy and the supply of technical equipment for charter yachts, such as water toys, bed linen, and crockery. "We have worked with several yachts, including the 72-metre <a data-gid="gid://syiq/Company/928" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dunya Yachts (Company)">Dunya</a> superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a>," <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> outlined "We design and create new spaces for customers onboard and have completed numerous refits, from staterooms to other areas. For example, we have added features to helipads and redesigned gyms."The <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a>'s services also extend to commercial vessels, encompassing various types, including ferries, passenger vessels, and cargo ships. The company is also active in the car racing sector, collaborating with a supply chain company that builds batteries for the Formula E Extreme series, an international off-road racing competition featuring electric SUVs that race in remote locations around the world, such as the Arctic.<img src="https://photo-assets.superyachttimes.com/photo/272602/image/large-ff67cb960f942fa177d50a4dfcac625f.jpg" data-gid="gid://syiq/Photo/272602">Penna also highlighted that the group is a family firm. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>'s wife contributes to the styling, while both his son and daughter are also actively involved in the business. "My son works both at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> and with us (...) and my daughter, who recently completed her studies in interior architecture in Paris, has been working with the firm for the past seven years. The whole family is involved in the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a>," he emphasised. Today, the firm has a global presence, with additional bases in Monaco and in Houston, Texas.<img src="https://photo-assets.superyachttimes.com/photo/272619/image/large-4727695bf79e0f1eb03d73fae79e421c.jpg" data-gid="gid://syiq/Photo/272619">Key projectsThe largest yacht he has designed, for which he oversaw both the exterior design as well as naval architecture, is the 65.2-metre Phinisi yacht <a data-gid="gid://syiq/Yacht/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lamima65.2m (213'11&quot;)C.V. Mutiara Murni2014">Lamima</a>, delivered in 2014. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> explained that he first became involved in the project and began working with Phinisi yachts after being &nbsp;introduced to the client by a captain he knew from an <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> 47 superyacht. "The client proposed that I design and build a Phinisi," he said. "But they wanted the largest and safest Phinisi ever built. We became the first to classify a Phinisi with <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>; it was the largest of its kind at that time, constructed entirely of wood."<img src="https://photo-assets.superyachttimes.com/photo/227423/image/large-ba211dd267d2ded2385225c4a16658a0.jpeg" data-gid="gid://syiq/Photo/227423"><a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>’s current main yacht project is a custom 37.5-metre explorer yacht by <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>. He revealed that the project originated through a network of brokers from Nice who introduced him to a client."The client had very specific requirements and was looking for something unique. We initially began our search in northern Spain, but then it expanded to Italy, leveraging contacts there. Eventually, we reached <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, where we closed the deal.”<img src="https://photo-assets.superyachttimes.com/photo/320474/image/large-1ea029972a837c0745b0bd82df929491.jpg" data-gid="gid://syiq/Photo/320474">Spanish design landscapePenna also shared insight into the state of the Spanish yachting industry, particularly in terms of construction and design, and why it has not developed as significantly as in other southern Mediterranean countries like Italy, France, and Turkey, despite being very present in the refit market for large superyachts. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> noted that while the sector–especially the sailing and motor yacht segments–was growing, a significant cultural challenge existed in Spain.<img src="https://photo-assets.superyachttimes.com/photo/233768/image/large-7346fff05e0b4fd8140ee6fd46062ecb.jpeg" data-gid="gid://syiq/Photo/233768">“The problem,” <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> pointed, “is rooted in the history and political developments during the Franco era. Yachting was seen as an exclusive activity for the elite–a very closed group. No ordinary person could afford a yacht in Spain. This exclusivity, combined with a lack of state support for yacht construction, has hindered the industry's growth–a significant loss, given the substantial number of jobs that yacht construction can create."However, as <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> explained, "with French influence, the industry began to develop, and a few sailing yacht shipyards emerged, such as <a data-gid="gid://syiq/Company/747" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mefasa (Company)">Mefasa</a>, which built the 41.33-metre sailing yacht <a data-gid="gid://syiq/Yacht/2262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alejandra41.33m (135'7&quot;)Mefasa1993">Alejandra</a>. Another notable shipyard, <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a>, specialises in motor yacht construction."<a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> attributed the lack of Spanish designers in the superyacht sector to a cultural perception that historically viewed yacht design as more of a frivolous occupation rather than a serious profession, unlike commercial vessel design. Despite these challenges, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> believes the direction of the yacht design landscape in Spain is on the right track, with many dedicated professionals now working to drive the industry forward. "It will, however, take time for these efforts to yield their full impact," he emphasised.<img src="https://photo-assets.superyachttimes.com/photo/233766/image/large-368a521574acf916a6065f8b8d50a50e.jpeg" data-gid="gid://syiq/Photo/233766">Expansion and sustainabilityRegarding future plans, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> revealed that his company will be expanding its presence to Mexico and Istanbul. One of the latest ventures is The Wattio, a new initiative aimed at leveraging the company's extensive knowledge in both naval architecture and electric vehicle (EV) technology. "The idea behind The Wattio," <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> shared, "is to provide an integrated solution to shipyards or customers combining all our expertise, from naval architecture and engineering, to electrical systems and propulsion."<a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> underlined that the company is also focusing on implementing more sustainable solutions. "We are working with hybrid systems and exploring new fuels, such as ammonia, methanol, and hydrogen. In recent months, we have been testing hydrogen fuel cells here in Barcelona, including a hydrogen-powered truck currently operating in the city. Our aim is to apply these technologies not only to vehicles but also to boats."<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa (Company)</a>.<img src="https://photo-assets.superyachttimes.com/photo/322171/image/large-076cb3cc3e28a1fe3331269dc1adc6ef.jpg" data-gid="gid://syiq/Photo/322171">

Marcelo Penna: A spectrum of yacht designs and insights into the Spanish yacht design landscape

Marcelo Penna, founder of the Marcelo Penna Group in Barcelona since 1984, has emerged as a key figure in the Spanish yacht design landscape.

Marcelo Penna: Exploring his diverse yacht designs and insights into the Spanish yacht design landscape

Founded in the mid-2000s by three partners Peder Eidsgaard, Ewa Eidsgaard and Ben Harrison, <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a> has evolved into one of the foremost design studios in the superyacht industry. Having bought their own studio and completely redesigned the space during an 18 month renovation, the 16 strong design team is now spread across four open-plan floors, within a bright and contemporary building featuring industrial elements that embodies the collaborative and open source mentality of the team. <img src="https://photo-assets.superyachttimes.com/photo/314726/image/large-d1b41c33aa533907165816dd791caccf.jpg" data-gid="gid://syiq/Photo/314726">This year is full of milestones for the studio, with the launch or delivery of six superyachts between 80 and 45 metres and the development of its first semi-custom series projects with both <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> and <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. The studio is also finalising the dramatic two-year refit of the 72.2-metre <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a> superyacht <a data-gid="gid://syiq/Yacht/4814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Albatross72.2m (236'11&quot;)Delta Marine2016">Albatross</a> at <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>, another exciting project that reflects the breadth of the firm's capabilities.&nbsp;We took a tour of their new studio this Spring and sat down with the founders, as well as Senior Design Director Richard Whitehouse, to find out more about how <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a> has developed over the past twenty years, to get an insight into the upcoming projects and to hear a bit more about the culture that sits at the heart of every project the studio creates.<img src="https://photo-assets.superyachttimes.com/photo/314729/image/large-2bfc1b544a3cbbfbc709b267440bd9d6.jpg" data-gid="gid://syiq/Photo/314729">Space to reflect ethosUnlike many of its contemporaries, the studio was formed as a collaboration from its very beginning, and as a result there is no one leader that represents all of its projects. With project management split between the four senior team members, the studio is nimble, able to take on a number of significant projects despite its small size in terms of employees. Peder explains, “When we founded the company we always intended to remain small because we believe that the hands-on approach of the senior designers is extremely important. That belief has remained and we are all very active, particularly in the early stages of the design process, which is vital for the development of all team members.”Ewa adds, “Over the years we have grown conservatively, and we are advocates for slow growth. We have worked hard to maintain the ethos of a small firm, and as a result we are very careful when it comes to selecting new team members because our passion is for younger team members to learn all the time from the senior designers.”<img src="https://photo-assets.superyachttimes.com/photo/314728/image/large-9b8715a217759f40312831080de5b769.jpg" data-gid="gid://syiq/Photo/314728">The design of the studio itself deeply reflects that ethos of collaboration, and though the building is split over four floors, an entirely open and interconnecting stairwell at the heart unites the two design floors in both proximity and sound. While the three founders are above sharing their space with the samples area, their airspace is intrinsically linked with the team on the floor below and as a result their creative discussions are shared with the entire team, allowing them to learn from each other. When discussing the new space with their clients, all shared the same desire to “see where the magic happens”, and to get an insight into the workings of the studio from its surroundings.<img src="https://photo-assets.superyachttimes.com/photo/314732/image/large-975307acebacff133b502924b39a8c19.jpg" data-gid="gid://syiq/Photo/314732">Interior DesignThe sample area is a perfect example of those inner workings. The space over with Ewa reigns is open plan with a series of large storage tables, each bursting with fabrics swatches, marble slabs and intricate wall samples, where material choices can be arranged and examined. Like the inner workings of a designer's mind, the team is able to pick over thousands of the world’s best samples and pull together their clients wishes – often with the client in collaboration, working alongside them at the studio to realise their ideas. <img src="https://photo-assets.superyachttimes.com/photo/306169/image/large-83e2dd0d9a1b94d7f768948b67ee85d3.jpg" data-gid="gid://syiq/Photo/306169">When asked to describe Ewa’s technique and style, Ben and Richard agreed that it is Ewa, who leads the interior team, that is bravest among them, “she is boldest and bravest, always researching, always seeking out the newest techniques, the most interesting materials to incorporate the fashions of the day and to push us into exciting territory.” Inquisitive and palpably excited by design and its ever changing trends, Ewa is passionate about contemporary design, a passion that all founders share.<img src="https://photo-assets.superyachttimes.com/photo/306171/image/large-721d0fe8afd7bad49091972345dae8eb.jpg" data-gid="gid://syiq/Photo/306171">During an interview with SYT in 2018, Ben Harrison commented that it was that very passion that united the founders in the first place. He adds, “We all share that love for modern contemporary design, but our work is not limited to that alone and our projects reflect our adaptability – which is a vital ability when it comes to custom superyacht design.” While the studio has created an array of interior projects, their fingerprints can be seen within a collective purity, spotlighting a limited selection of materials and creating focal points of design within each space.Representative of the studio’s principles, their touch can be seen within the designs of the new Xplorer 80 from <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. Unveiled in March during the <a data-gid="gid://syiq/Event/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2024">Palm Beach Boat Show</a>, the Xplorer 80 is a prime example of the studio’s interior work. Encapsulating the vessels intended use as a go anywhere explorer superyacht, the spaces are balanced between functionality and aesthetic design and the overall result is a serene and luxurious concept.<img src="https://photo-assets.superyachttimes.com/photo/104137/image/large-89e38f5e9a14871220366ade1dbe0c83.jpg" data-gid="gid://syiq/Photo/104137">Exterior&nbsp;While all design at the studio is a collaborative effort, Peder Eidsgaard leads the charge when it comes to exterior design. His creative flair can be quickly identified in the lines of both the studio’s larger projects, such as <a data-gid="gid://syiq/Yacht/6423" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CC-Summer95.0m (311'8&quot;)Lürssen Yachts2019">Madsummer</a> (now <a data-gid="gid://syiq/Yacht/6423" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CC-Summer95.0m (311'8&quot;)Lürssen Yachts2019">CC-Summer</a>), <a data-gid="gid://syiq/Yacht/2449" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango77.7m (254'11&quot;)Feadship2011">Tango</a> and <a data-gid="gid://syiq/Yacht/7129" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vanish71.5m (234'7&quot;)Feadship2021">Vanish</a>, right through to the smaller projects such as the new 50 Steel series from <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, Grace.&nbsp;Championing traditional design skills, Peder emphasises the importance of working from paper and pen and his process is fluid, translating the wishes of the owner into 2D dimensions before they are developed in CAD. “Today there is a great focus on 3-dimensional drawings for superyacht projects, but I believe that sketching by hand is an integral part of the design process,” explains Peder Eidsgaard. “For the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/7129" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vanish71.5m (234'7&quot;)Feadship2021">Vanish</a>, launched in 2021, the final yacht is almost identical to the sketch I created while sitting in the airport directly after meeting the client – it is that intuitive design process that we really pride ourselves on here at the studio.”<img src="https://photo-assets.superyachttimes.com/photo/314733/image/large-be77ee54f3d12dcda8df218c8465402e.jpg" data-gid="gid://syiq/Photo/314733">When asked to identify the key thematic elements within their work, both Ben and Peder responded that it is the sight-lines that they are extremely careful to preserve. “Good design is almost impossible to put your finger on,” adds Ben Harrison, “but when something isn't right, you feel it when you’re within the space.” A subtle balance that comes with experience and expertise, the details of elements such as door and bulwark heights, that impact the visibility from within and outside the vessel, are a preoccupation of the team.Recognising a yacht as a platform upon which an owner and their guests can live and experience life, and as a result the studio is deeply focused on the flow through the vessel and the feeling of being aboard. This all comes back to the value the team shares of creating a liveable design, with individual focal points within each space, so that the design embraces the guest rather than overwhelms them. <img src="https://photo-assets.superyachttimes.com/photo/306178/image/large-5eb233cb0e7bd4da7954bb58a9eb192d.jpg" data-gid="gid://syiq/Photo/306178">Semi-Custom CreationsWhile the studio is best known for its full-custom superyacht projects, such as the 74.5-metre <a data-gid="gid://syiq/Yacht/6403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M’Brace74.5m (244'5&quot;)Abeking & Rasmussen2018">Elandess</a> (now <a data-gid="gid://syiq/Yacht/6403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M’Brace74.5m (244'5&quot;)Abeking & Rasmussen2018">M'Brace</a>), 95-metre <a data-gid="gid://syiq/Yacht/6423" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CC-Summer95.0m (311'8&quot;)Lürssen Yachts2019">Madsummer</a> or the 77.7-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> <a data-gid="gid://syiq/Yacht/2449" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango77.7m (254'11&quot;)Feadship2011">Tango</a>, the past year has seen an exciting development for the team, with the announcement of semi-custom superyacht projects with both <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> and <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>. Both Dutch shipyards are renowned for the success of their semi-custom series’, and the new 50 Steel series with <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> and the interior projects for the later <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 series, mark a turning point for the studio, while also offering new potential within the remit of design.&nbsp;Though semi-custom is not entirely new for the team, they have been working on the exterior and interior of <a data-gid="gid://syiq/Company/5725" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scout Boats (Company)">Scout Boats</a>’ new 67-foot flagship sportfisher, as well as previous projects with the Airbus 160, it has offered the studio an opportunity to experiment with a new level of creativity. Ewa adds, “it's a balancing act, on one side you are unlimited in terms of potential, but on the other you are looking to create a design that has a broad appeal and can easily be adapted in terms of styling, which is an exciting challenge for the entire team.”<img src="https://photo-assets.superyachttimes.com/photo/314735/image/large-4c22fa1e2997aa7f388030ef611bdd77.jpg" data-gid="gid://syiq/Photo/314735">An exciting moment for the studio in terms of the business itself, Ben Harrison in particular has been championing the semi-custom capabilities of the company to diversify the studio’s portfolio. Full-custom projects, and the studio has a number of large full custom yachts under construction at the moment, such as the the 79-metre <a data-gid="gid://syiq/Yacht/6438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Toro79.0m (259'2&quot;)Turquoise Yachts2024">Toro</a> at <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a>, tend to be incredibly private yachts.&nbsp;Now with more than 14 projects underway, we hope that we’ll be seeing even more of <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a>’s designs over the coming years, and make sure to keep your eyes peeled in the coming months for the launch of&nbsp;<a data-gid="gid://syiq/Yacht/6438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Toro79.0m (259'2&quot;)Turquoise Yachts2024">Toro</a>.

Harrison Eidsgaard yacht designers

Francesca Webster visits Harrison Eidsgaard’s new Richmond studio to hear about the evolution and future of the studio.

Harrison Eidsgaard on collaboration, the art of perspective and their new studio

how sustainable is teak decking

The search for wood alternatives that can
replicate the looks and performance of
old-growth teak is fully under way.

Tainted Teak: The yachting industry's shift to sustainable decking

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> motor yacht <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> has been spotted on sea trials in the North Sea, following her transport through the Netherlands earlier this week in preparation.<img src="https://photo-assets.superyachttimes.com/photo/396813/image/large-b91f23af584a7316444180ce1cfb0db1.jpeg" data-gid="gid://syiq/Photo/396813">The yacht was launched from <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen's</a> facility in Oss, the Netherlands, on 14 March and marks the fourth hull in the Dutch shipyard's 5000 Aluminium series. Construction commenced in 2023, with her aluminium hull and superstructure united in July 2024.<img src="https://photo-assets.superyachttimes.com/photo/396812/image/large-7d000f0063adbc92f318e9b2d58c7018.jpeg" data-gid="gid://syiq/Photo/396812">Penned entirely in-house, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia's</a> naval architecture is based on <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen's</a> hard-chine, shallow-draught Fast Displacement Hull Form. Her exterior design was crafted by 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> and is finished in a distinctive Whisper Grey <a data-gid="gid://syiq/Company/1485" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Awlgrip (Company)">Awlgrip</a> paint scheme.<img src="https://photo-assets.superyachttimes.com/photo/396810/image/large-1961eda3c76187add8a6af4115b8c74d.jpeg" data-gid="gid://syiq/Photo/396810"><img src="https://photo-assets.superyachttimes.com/photo/396807/image/large-d1870b2254f1e3bdb2da557f0bd61daf.jpeg" data-gid="gid://syiq/Photo/396807">Inside, the semi-custom yacht features interiors by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a>, where a sophisticated palette of sage green tones, mustard accents and warm bronze details creates an inviting atmosphere throughout.<img src="https://photo-assets.superyachttimes.com/photo/396806/image/large-fc903b7fb9906edeb7c5cc615bbf59fd.jpeg" data-gid="gid://syiq/Photo/396806"> <img src="https://photo-assets.superyachttimes.com/photo/396814/image/large-703c345b11640b9751c6d66bb4dc87be.jpeg" data-gid="gid://syiq/Photo/396814">Drawing inspiration from her name, which derives from the Greek word for wisdom, the interior concept aims to evoke a sense of refinement and understated elegance.Moreover, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> accommodates up to 12 guests across five staterooms at a volume of 499 GT. <img src="https://photo-assets.superyachttimes.com/photo/396804/image/large-14beb04d7750059930cccd1561845462.jpeg" data-gid="gid://syiq/Photo/396804">The arrangement is centred around a spacious owner's suite on the forward main deck, while the remaining guest accommodation is located on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/396649/image/large-205f426ce70968959dc26de7e55d1248.jpeg" data-gid="gid://syiq/Photo/396649"><img src="https://photo-assets.superyachttimes.com/photo/396652/image/large-546c42eb9478bab7a3c65d2890fd6cd3.jpeg" data-gid="gid://syiq/Photo/396652">Outdoor living is a key feature of the yacht's design. A generous beach club provides direct access to the water, while the main deck aft terrace offers ample space for lounging and relaxation. Guests can enjoy alfresco dining on the bridge deck aft, with additional entertaining and sunbathing areas available on the expansive sundeck.<img src="https://photo-assets.superyachttimes.com/photo/396651/image/large-a603ef8da832512f7f449be519a433b4.jpeg" data-gid="gid://syiq/Photo/396651"><img src="https://photo-assets.superyachttimes.com/photo/396653/image/large-ab0cf674fd5eaebcc711944e0736c3cf.jpeg" data-gid="gid://syiq/Photo/396653">Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> is expected to reach a top speed of 23 knots and offers a transatlantic range of 3,100 nautical miles when cruising at 11 knots.<img src="https://photo-assets.superyachttimes.com/photo/396520/image/large-bc3e170199cfcab010ffbf2bec2571f3.jpg" data-gid="gid://syiq/Photo/396520">Built on speculation, <a data-gid="gid://syiq/Yacht/12972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia49.98m (163'12&quot;)Heesen Yachts2026">Sophia</a> is currently listed for sale and is scheduled for delivery on 15 July 2026.<img src="https://photo-assets.superyachttimes.com/photo/396647/image/large-318a3cc36ef6d0d7e0136af4f2acdb03.jpeg" data-gid="gid://syiq/Photo/396647"><img src="https://photo-assets.superyachttimes.com/photo/396522/image/large-f97599b52b7c3e4adb33a5e23df0ca8b.jpeg" data-gid="gid://syiq/Photo/396522">

Heesen yacht Sophia sea trials

Heesen has announced that the 49.98-metre Heesen motor yacht Sophia is preparing for her sea trials. 

50m Heesen superyacht Sophia on sea trials

The 28.04-metre <a data-gid="gid://syiq/Company/538" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Westship Yachts (Company)">Westship</a> motor yacht <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> has been sold. Mark Mitchell of <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> represented the buyer, while Cole Watkins of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> represented the seller. <img src="https://photo-assets.superyachttimes.com/photo/374227/image/large-685e94b0a17dddfab290192c1d7f58e3.jpg" data-gid="gid://syiq/Photo/374227">Delivered in 1997 by the American shipyard, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> is a flybridge motor yacht that marries generous onboard space with long-range cruising capability. According to <a href="https://sytiq.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht iQ</a>, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> most recently underwent a refit in 2023.Stepping inside, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> embraces a classic styling, pairing warm timber finishes with soft neutral tones and rich navy accents. Expansive windows flood her main saloon with natural light, while airy lounge areas on the deck and a full-beam owner’s suite all contribute to her relaxing atmosphere.With a beam of 7.01-metres and spanning 137 GT, accommodation onboard <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> is arranged for up to eight guests across four well-appointed staterooms, alongside dedicated quarters for crew members.&nbsp;In terms of propulsion, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</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, delivering a cruising speed of 17 knots and a top speed of 22 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/7431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bravo Zulu28.04m (91'12&quot;)Westship Yachts1997">Bravo Zulu</a> had a last known asking price of $695,000.

28m Westship motor yacht Bravo Zulu sold

The 28.04-metre Westship motor yacht Bravo Zulu has been sold with a last known asking price of $695,000.

Industry veterans Adam Papadakis and Kurt Fraser have announced the launch of <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>, a new superyacht brokerage and advisory house combining traditional yachting expertise with a more connected and intelligence-led approach to navigating the superyacht market.Headquartered in Monaco and serving an international client base, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> offers a full suite of brokerage, charter, yacht management and consultancy services, positioning itself as a long-term partner across every stage of the yachting journey.<img src="https://photo-assets.superyachttimes.com/photo/396755/image/large-03eb586a20f98c7bb1b9bab73768aced.png" data-gid="gid://syiq/Photo/396755">The company is led by Founder and CEO Adam Papadakis, whose career spans more than 25 years at some of the industry's most recognised brokerage houses. Throughout his career, Adam has advised clients on significant yacht transactions, new build projects and refits, building long-standing client relationships and helping drive the commercial success of some of the industry's most respected brands. Widely respected for his discretion, strategic insight and meticulous execution, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> reflects his belief that exceptional client outcomes are achieved through independent advice and deep market understanding.Joining him as Founding Executive and CCO is Kurt Fraser, a strategist, creative leader and international business executive whose career spans more than 25 years across the superyacht, luxury lifestyle, resort development and marina sectors. Throughout his career, Kurt has driven business transformation and contributed to the growth and commercial success of a number of leading yachting brands. He believes <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>'s performance-driven model is uniquely aligned with the expectations of both established yacht clients and a new generation of owners seeking greater transparency, responsiveness and long-term value.While the launch of independent brokerage houses is not uncommon within the superyacht sector, the pairing of Adam and Kurt brings together two distinctly complementary areas of expertise. Combining deep brokerage experience with proven strategic, creative and commercial leadership, the duo have built a business founded on both reputation and capability.Their partnership reflects a broader shift within the industry, where clients increasingly seek the agility, transparency and personalised approach often associated with boutique brokerage houses, without sacrificing the expertise and international reach traditionally offered by larger organisations. In this respect, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> blends established industry knowledge with a more modern, insightful and adaptable approach to yacht brokerage.A strategic advisory approachAccording to the Founding team, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> has been established in response to increasing fragmentation across the yachting experience, with clients often relying on multiple service providers and disconnected sources of information, or larger organisations whose structures can inhibit a truly performance-driven approach.Rather than concentrating solely on transactional brokerage activity, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> will work closely with clients to develop personalised yachting strategies that reflect their lifestyle objectives and long-term aspirations. Whether a client's journey begins with charter, evolves into yacht ownership, or encompasses the management and optimisation of an existing asset, <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>’s objective is to ensure that every stage of the experience is aligned with their individual expectations, priorities and goals."The superyacht industry has always been relationship-driven and that will never change," said Adam. "However, clients today require more than access and execution. Better insight and better intelligence leads to better decisions and better experiences. This is the role <a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a> intends to fill as trusted partners to our clients.”<a data-gid="gid://syiq/Company/8896" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Matterhorn Yachts (Company)">Matterhorn</a>’s approach combines traditional brokerage expertise with strategic advisory and a deeper understanding of the factors that influence successful outcomes. The Founders believe that clients increasingly benefit from objective guidance, greater market visibility and a more integrated approach to decision-making. By bringing these elements together, the company aims to support clients across the full spectrum of yachting activities, from charter and acquisition through to ownership, management and eventual disposition.

Launch of Matterhorn yacht brokerage

Industry veterans Adam Papadakis and Kurt Fraser have announced the launch of Matterhorn, a new superyacht brokerage and advisory house.

Adam Papadakis and Kurt Fraser launch Matterhorn

Delivered to her owner in 1981 by Greek builders <a data-gid="gid://syiq/Company/657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hellenic Shipyards S.A. (Company)">Hellenic Shipyards</a>, the 115.82-metre superyacht <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> once ranked as one of the largest private yachts in the world. Recently photographed in St Tropez, SuperYacht Times takes a closer look at the history of a superyacht that helped to define an era.<img src="https://photo-assets.superyachttimes.com/photo/395975/image/large-ced1c6411a5fc62d0af61921f91ab1da.jpg" data-gid="gid://syiq/Photo/395975">Commissioned by Greek shipping magnate Stavros Niarchos, <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> was created to outdo his long-term rival Aristotle Onassis. Known as the “Golden Greeks,” the fierce competition between the two shipping tycoons extended far beyond their business interests and into their private lives.<img src="https://photo-assets.superyachttimes.com/photo/395970/image/large-f030bb62b8a777b39be342110d5d06f2.jpg" data-gid="gid://syiq/Photo/395970">At the time, Onassis owned the 99.13-metre yacht <a data-gid="gid://syiq/Yacht/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christina O99.13m (325'3&quot;)Canadian Vickers1943">Christina O</a>, which had been transformed from a naval frigate in 1954. <a data-gid="gid://syiq/Yacht/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christina O99.13m (325'3&quot;)Canadian Vickers1943">Christina O</a> was one of the most celebrated private yachts in the world at the time, hosting everyone from politicians and royalty, to Hollywood stars.<img src="https://photo-assets.superyachttimes.com/photo/395972/image/large-4ce1903c2b1197811e5df2ba8b7e0a7c.jpg" data-gid="gid://syiq/Photo/395972">Determined to create a yacht that would outshine <a data-gid="gid://syiq/Yacht/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christina O99.13m (325'3&quot;)Canadian Vickers1943">Christina O</a> in both size and grandeur, Niarchos commissioned <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a>. The yacht was built in Skaramangas, Greece and was an identical sistership to Niarchos’ previous 115.76-metre yacht Atlantis (now <a data-gid="gid://syiq/Yacht/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navtilvs115.76m (379'9&quot;)Hellenic Shipyards S.A.1973">Navtilvs</a>), which was launched almost a decade prior in 1973. <img src="https://photo-assets.superyachttimes.com/photo/395966/image/large-666b4e22e4594cd6b16d5da4c16421ce.jpg" data-gid="gid://syiq/Photo/395966">Measuring nearly 116 metres, <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> surpassed <a data-gid="gid://syiq/Yacht/336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christina O99.13m (325'3&quot;)Canadian Vickers1943">Christina O</a> in size, while combining the elegance associated with classic yachting. Designed by <a data-gid="gid://syiq/Company/298" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caesar Pinnau (Company)">Caesar Pinnau</a>, <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> features a steel hull and aluminium superstructure, with a vast interior volume of 3,243 GT. <img src="https://photo-assets.superyachttimes.com/photo/395969/image/large-e86a6d345d9688e0c7649e40d3fb797e.jpg" data-gid="gid://syiq/Photo/395969">When <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> entered service in 1981, the superyacht landscape looked very different from today. Yachts exceeding 100 metres were exceptionally rare, with only a handful in existence worldwide.<img src="https://photo-assets.superyachttimes.com/photo/395973/image/large-49b285e7c775919b86b51c839fcd29d7.jpg" data-gid="gid://syiq/Photo/395973">Over the years, <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> has remained a familiar sight in some of the world's most prestigious cruising destinations. But despite this, her interior has never once been publicly revealed throughout her 45-year lifespan!<img src="https://photo-assets.superyachttimes.com/photo/395974/image/large-52105dad783ff186d21a45871de7a5ea.jpg" data-gid="gid://syiq/Photo/395974">Following the death of Stavros Niarchos in 1996, <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> has remained in the ownership of the Niarchos family and is still a familiar sight in the Port of Monaco where she spends most of her time.<img src="https://photo-assets.superyachttimes.com/photo/395964/image/large-2f080dadb1d0a52657e56dfd2789f02b.jpg" data-gid="gid://syiq/Photo/395964">Unlike many yachts of her generation, <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> has never undergone a radical redesign, allowing her to retain the character and styling that made her famous. <a data-gid="gid://syiq/Yacht/909" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Atlantis II115.82m (379'12&quot;)Hellenic Shipyards S.A.1981">Atlantis II</a> can accommodate up to 26 guests and 17 crew and is powered by twin <a data-gid="gid://syiq/Company/2998" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pielstick (Company)">Pielstick</a> engines, which provide her with a top speed of 14 knots and a cruising speed of 12 knots.&nbsp;

Atlantis II: The 116m superyacht built to outdo a rival

Delivered in 1981, the 116m yacht Atlantis II was commissioned by Stavros Niarchos to rival Aristotle Onassis’ superyacht Christina O.

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The 37.95-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/7991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kia Ora37.95m (124'6&quot;)Sanlorenzo2020">Kia Ora</a> is currently for sale with Andy McDougall of <a data-gid="gid://syiq/Company/8615" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MXG Yachts (Company)">MXG Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/396593/image/large-d22b2b00ca85295260324f9425435052.jpeg" data-gid="gid://syiq/Photo/396593">Delivered in 2020 as the 20th hull of the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SD126 series, <a data-gid="gid://syiq/Yacht/7991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kia Ora37.95m (124'6&quot;)Sanlorenzo2020">Kia Ora</a> presents an opportunity to acquire a yacht that has been used exclusively for private cruising since her delivery. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> has recently completed her five-year Class survey and is offered in turnkey condition.<img src="https://photo-assets.superyachttimes.com/photo/396607/image/large-84166541dc4191e9e8971203d199f73d.jpeg" data-gid="gid://syiq/Photo/396607">The <a data-gid="gid://syiq/Yacht/7991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kia Ora37.95m (124'6&quot;)Sanlorenzo2020">yacht&nbsp;Kia Ora for sale</a> features exterior design crafted 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 interiors penned by <a data-gid="gid://syiq/Company/5082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antonio Citterio Patricia Viel (Company)">Citterio-Viel</a>. Her naval architecture was developed in-house 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/396642/image/large-4654ca7dfc1edf482436a2efb1d43ffb.jpeg" data-gid="gid://syiq/Photo/396642">Outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=sanlorenzo" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yacht for sale</a> is defined by expansive glazing, a gently raked profile and generous deck spaces. Her exterior profile is a balance of the timeless character of the SD126 series with contemporary touches thanks to her cosmetic revamp, including the repainting of her hull and upper flybridge in a turtle grey finish. <img src="https://photo-assets.superyachttimes.com/photo/396610/image/large-49a72eb00529fb2a1d4b44e5fcc2b412.jpeg" data-gid="gid://syiq/Photo/396610">Outdoor living is a key feature onboard. Her foredeck lounge provides a secluded area with lounge seating and sunpads, well-suited to relaxing. At her flybridge, guests may enjoy a spacious deck for dining and unwinding while soaking in the panoramic ocean views, while her aft decks appear to create a seamless connection to the sea.<img src="https://photo-assets.superyachttimes.com/photo/396612/image/large-33c174ce669296d9d20405d92e5788d2.jpeg" data-gid="gid://syiq/Photo/396612">Inside, <a data-gid="gid://syiq/Yacht/7991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kia Ora37.95m (124'6&quot;)Sanlorenzo2020">Kia Ora</a> features a bespoke interior designed by <a data-gid="gid://syiq/Company/5082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antonio Citterio Patricia Viel (Company)">Citterio-Viel</a>. Contemporary in style, her main saloon is a blend of polished finishes with a warm and understated palette, which is further enhanced by the natural light from her large windows. Featuring a dining area that could seat up to 10, a bar, and an arrangement that emphasises comfort, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is well-suited for long family trips or entertaining guests.<img src="https://photo-assets.superyachttimes.com/photo/279516/image/large-c01bced60ccabeba3c8e8069e431b6da.jpeg" data-gid="gid://syiq/Photo/279516">With a beam of eight metres and a volume spanning 314 GT, accommodation onboard the <a data-gid="gid://syiq/Yacht/7991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kia Ora37.95m (124'6&quot;)Sanlorenzo2020">yacht&nbsp;Kia Ora for sale</a> is arranged for up to 10 guests across five well-appointed staterooms. Four quarters accommodate up to seven crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/279529/image/large-e9d779ef2448692d5d5223a70d5ed98f.jpeg" data-gid="gid://syiq/Photo/279529"><img src="https://photo-assets.superyachttimes.com/photo/279524/image/large-05474a40c6450bec8caabc9df107028b.jpeg" data-gid="gid://syiq/Photo/279524">In terms of performance, <a data-gid="gid://syiq/Yacht/7991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kia Ora37.95m (124'6&quot;)Sanlorenzo2020">Kia Ora</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 delivering a cruising speed of 11 knots and a top speed of 16 knots. Moreover, she offers a range of approximately 3,000 nautical miles at her cruising speed. <img src="https://photo-assets.superyachttimes.com/photo/396641/image/large-5c5004e5b38b798dc29f920c2301814a.jpeg" data-gid="gid://syiq/Photo/396641">All images provided courtesy of <a data-gid="gid://syiq/Company/8615" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MXG Yachts (Company)">MXG Yachts</a>.

38m Sanlorenzo motor yacht Kia Ora for sale

The 37.95-metre Sanlorenzo motor yacht Kia Ora from the Sanlorenzo SD126 series is currently for sale with MXG Yachts.

The <a data-gid="gid://syiq/Yacht/12542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva Folgore 88/0326.92m (88'4&quot;)Riva S.p.A.2021">third 26.92-metre Riva Folgore 88</a> motor yacht has been sold in an in-house deal with <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a>. Giuseppe Russo introduced the buyer, while Peter Hopwood represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/301077/image/large-10b76486c07392bd2d59fc68a2b8de7a.jpg" data-gid="gid://syiq/Photo/301077">Delivered in 2021, she features interior and exterior design penned by <a data-gid="gid://syiq/Company/366" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Officina Italiana Design (Mauro Micheli) (Company)">Officina Italiana Design</a>. Meanwhile, her builder took charge of her naval architecture. Her interiors are distinguished by dark wood panelling and neutral colors that gives the vessel a balanced aesthetic.In terms of accommodation, she is able to sleep up to eight guests across four ensuite staterooms. Guests can also benefit from plenty of lounging areas on her exterior spaces.The <a data-gid="gid://syiq/Yacht/12542" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva Folgore 88/0326.92m (88'4&quot;)Riva S.p.A.2021">third Riva Folgore 88 yacht</a> is propelled by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 30 knots and a top speed of 36 knots.At the time of her sale, she had a last known asking price of $5,950,000.Photo courtesy of <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a>.

Third Riva Folgore 88 yacht sold

The third 26.92-metre Riva Folgore 88 motor yacht has been sold in an in-house deal with Allied Marine.


Third 27m Riva Folgore 88 motor yacht sold

The 69.1-metre <a data-gid="gid://syiq/Company/188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Austal (Company)">Austal</a> superyacht <a data-gid="gid://syiq/Yacht/1146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saluzi69.1m (226'8&quot;)Austal2003">Saluzi</a> has been listed for sale, with Carmen Lau of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> and Marco Fodale of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.<img src="https://photo-assets.superyachttimes.com/photo/396718/image/large-b6144ccd7b2798b8ae9fe82744ebf8e3.jpg" data-gid="gid://syiq/Photo/396718">One of <a data-gid="gid://syiq/Yacht/1146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saluzi69.1m (226'8&quot;)Austal2003">Saluzi's</a> most distinctive features is her eye-catching hull artwork, created by renowned Chinese artist Li Jiwei. The striking mural depicts a Tang Dynasty warhorse, the inspiration behind the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale’s</a> name, and gives her an unmistakable presence on the water. Originally built in Australia in 2003 as a five-deck luxury cruise vessel, <a data-gid="gid://syiq/Yacht/1146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saluzi69.1m (226'8&quot;)Austal2003">Saluzi</a> offers a scale of space and onboard amenities rarely found aboard yachts of comparable length.<img src="https://photo-assets.superyachttimes.com/photo/396722/image/large-49ef5d6814d6369cbe089e46b44148bc.jpg" data-gid="gid://syiq/Photo/396722"><img src="https://photo-assets.superyachttimes.com/photo/396721/image/large-bbd1d714645916fd319b6d87c1a1cb66.jpg" data-gid="gid://syiq/Photo/396721"><a data-gid="gid://syiq/Yacht/1146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saluzi69.1m (226'8&quot;)Austal2003">Saluzi’s</a> naval architecture and exterior design were developed in-house by <a data-gid="gid://syiq/Company/188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Austal (Company)">Austal</a>, while the interiors were designed by <a data-gid="gid://syiq/Company/283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luiz de Basto Designs (Company)">Luiz de Basto Designs</a>. Offering more than 550-square-metres of exterior deck space and over 1,400-square-metres of interior volume, the yacht accommodates up to 36 guests across 16 staterooms.<img src="https://photo-assets.superyachttimes.com/photo/396723/image/large-1049136815963c123dcab40eda6b6489.jpg" data-gid="gid://syiq/Photo/396723"><img src="https://photo-assets.superyachttimes.com/photo/396727/image/large-547091c61784ccdafc8b1eca2dd17672.jpg" data-gid="gid://syiq/Photo/396727">While alongside, she can host as many as 250 guests. This makes the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> particularly well suited to luxury charter operations, private events, corporate entertaining, wellness retreats and expedition-style experiences.<img src="https://photo-assets.superyachttimes.com/photo/396730/image/large-89dcdaa3c720c78b25f4bcce5fc4e8eb.jpg" data-gid="gid://syiq/Photo/396730"><img src="https://photo-assets.superyachttimes.com/photo/396735/image/large-51a3a406486cbfadd219a79845decc94.jpg" data-gid="gid://syiq/Photo/396735"><img src="https://photo-assets.superyachttimes.com/photo/396732/image/large-878d7628f8357f8938a1b39d3dd4663a.jpg" data-gid="gid://syiq/Photo/396732">Amenities onboard the <a href="https://www.superyachttimes.com/yachts/saluzi" target="_blank">yacht Saluzi for sale</a> include spacious saloons on both the main and bridge decks, alongside a comprehensive wellness offering comprising a gym, spa, two hot tubs, massage room, beauty salon and onboard medical facility. Guests also have access to an extensive collection of tenders, Jet Skis and water toys for exploring destinations both on and off the water.<img src="https://photo-assets.superyachttimes.com/photo/396736/image/large-a709aff4b3fe3c44e09357c73a4f381b.jpg" data-gid="gid://syiq/Photo/396736"><img src="https://photo-assets.superyachttimes.com/photo/396719/image/large-e21c48ad262a88f0125727ffb6944292.jpg" data-gid="gid://syiq/Photo/396719">Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=austal" target="_blank">Austal yacht for sale</a> cruises comfortably at 11 knots and can reach a top speed of 14 knots.Photos provided courtesy of of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.

Austal yacht Saluzi for sale

The 69.1-metre Austal superyacht Saluzi has been listed for sale.

69m superyacht Saluzi on the market

The 25.05-metre <a data-gid="gid://syiq/Company/8893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SICCNA (Company)">Siccna</a> motor yacht <a data-gid="gid://syiq/Yacht/17175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalani25.0m (82'0&quot;)SICCNA1972">Kalani</a> has entered the market with Matthew Gusman of <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/396759/image/large-700f1d1d14daf36e6c66dd8b05cef3b7.jpg" data-gid="gid://syiq/Photo/396759">Built in France by <a data-gid="gid://syiq/Company/8893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SICCNA (Company)">Siccna</a> and delivered in 1972, the <a data-gid="gid://syiq/Yacht/17175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalani25.0m (82'0&quot;)SICCNA1972">yacht Kalani for sale</a> presents an opportunity to acquire a classic motor yacht distinguished by her traditional styling, alongside long-range cruising capabilities. Constructed with a steel hull and superstructure, the yacht has been carefully maintained while retaining much of her original character.<img src="https://photo-assets.superyachttimes.com/photo/396762/image/large-055fe6fce8b23be144d0f2ef7a1b7c64.jpg" data-gid="gid://syiq/Photo/396762">Outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> exudes timeless appeal, defined by a striking turquoise hull, elegant sheerline and traditional raised pilothouse profile. Expansive teak decks create inviting outdoor spaces throughout, from the shaded dining area aft to the wide foredeck and open upper deck.<img src="https://photo-assets.superyachttimes.com/photo/396763/image/large-e41e5b78025d9090cae5425da7ca34a1.jpg" data-gid="gid://syiq/Photo/396763">Inside, the <a data-gid="gid://syiq/Yacht/17175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalani25.0m (82'0&quot;)SICCNA1972">yacht Kalani for sale</a> embraces a warm and intimate ambience, characterised by glossy timber detailing, pastel accents and a wide collection of artwork and books. Her main saloon and wheelhouse evoke the feel of a secluded seaside home, thanks to her snug nautical-themed lounge area. Guest accommodations continue this atmosphere, with cosy, light-filled cabins prioritising comfort and a sense of home at sea.<img src="https://photo-assets.superyachttimes.com/photo/396764/image/large-27416c535ffb1b7dc7a4889fa5cc00b0.jpg" data-gid="gid://syiq/Photo/396764">With a beam of 5.7-metres and an internal volume of 92 GT, accommodation onboard the <a data-gid="gid://syiq/Yacht/17175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalani25.0m (82'0&quot;)SICCNA1972">yacht Kalani for sale</a> is arranged for up to seven guests across three ensuite staterooms. Dedicated quarters are available for up to three crew members.<img src="https://photo-assets.superyachttimes.com/photo/396768/image/large-c65a0c331b962e34c66ed1755c23793b.jpg" data-gid="gid://syiq/Photo/396768">In terms of performance, the <a data-gid="gid://syiq/Yacht/17175" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalani25.0m (82'0&quot;)SICCNA1972">yacht Kalani for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines delivering a top speed of 12 knots and a cruising speed of 10 knots, with a maximum range of 2,500 nautical miles.<img src="https://photo-assets.superyachttimes.com/photo/396756/image/large-073e1e52a2d197fe462ee3fc295c7d92.jpg" data-gid="gid://syiq/Photo/396756">All images provided courtesy of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>.

25m Siccna motor yacht Kalani for sale

The 25.05-metre Siccna motor yacht Kalani is currently for sale with TWW Yachts.

<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> has announced that the 29.26-metre yacht <a data-gid="gid://syiq/Yacht/4911" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Belle de Jour29.26m (95'12&quot;)Flevo Ship Holland2013">Belle de Jour</a> is in the final stages of preparation for the summer season, following an extensive four-month pre-season service programme.<img src="https://photo-assets.superyachttimes.com/photo/396661/image/large-59b36989f4aa73b87960aaeded560f41.jpg" data-gid="gid://syiq/Photo/396661"><a data-gid="gid://syiq/Yacht/4911" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Belle de Jour29.26m (95'12&quot;)Flevo Ship Holland2013">Belle de Jour</a> was built in 2013 by <a data-gid="gid://syiq/Company/2991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Flevo Ship Holland (Company)">Flevo Jachtbouw</a> in Nijkerk, east of Amsterdam, and remains the family-run Dutch shipyard's flagship yacht. The builder's roots can be traced to a region with a rich maritime heritage dating back to the 15th century.<img src="https://photo-assets.superyachttimes.com/photo/396663/image/large-a76a2257572d193c6ee22731af08e161.jpg" data-gid="gid://syiq/Photo/396663">Best known today as a refit and ReCraft specialist, <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> was responsible for the recent works, collaborating closely with <a data-gid="gid://syiq/Company/2991" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Flevo Ship Holland (Company)">Flevo Jachtbouw</a> throughout the programme. According to <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard's</a>Evan Kortmann, the yard's focus is on ensuring that ‘vessels are primed for their next chapter’.&nbsp;The refit scope encompassed a range of structural, cosmetic and technical upgrades. This included spot hull repairs, rudder works, full antifouling treatment and a fresh pastel blue finish applied below the waterline. Elsewhere, the mast deck was refinished, while routine inspections and maintenance were carried out across the yacht's technical and electrical systems.<img src="https://photo-assets.superyachttimes.com/photo/396665/image/large-44630482bb229c90ed56421e588a457a.jpg" data-gid="gid://syiq/Photo/396665">Designed inside and out by the late Dutch designer <a data-gid="gid://syiq/Company/45" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pieter Beeldsnijder Design (Company)">Pieter Beeldsnijder</a>, <a data-gid="gid://syiq/Yacht/4911" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Belle de Jour29.26m (95'12&quot;)Flevo Ship Holland2013">Belle de Jour</a> is distinguished by her robust profile, high freeboard and clean, purposeful lines. The yacht offers 140 GT of internal volume, with her layout carefully configured to maximise onboard living space.<img src="https://photo-assets.superyachttimes.com/photo/396664/image/large-347f2ca78604be0589317fe632ee5d78.jpg" data-gid="gid://syiq/Photo/396664">“Every vessel has a story worth preserving,” concluded Evan. "Our primary &nbsp;role as a refit and ReCraft specialist is to ensure vessels are primed for their next chapter, while honouring those that came before. Belle de Jour represents precisely the Dutch &nbsp;excellence we're committed to stewarding."

Belle de Jour yacht Refit Balk Shipyard

Balk Shipyard has announced that the 29.26-metre yacht Belle de Jour is in the final stages of preparation for the summer season.

29m Belle de Jour yacht emerges from Balk Shipyard post-refit

<img src="https://photo-assets.superyachttimes.com/photo/396599/image/large-12f0068c8c0415bd38cda0d7548b0ea0.jpg" data-gid="gid://syiq/Photo/396599">The 68.2-metre <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a> superyacht <a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starlust68.2m (223'9&quot;)Abeking & Rasmussen2020">Starlust</a> was seen anchored off Kos, Greece, on 15 May. According to AIS data, she departed the island on 31 May and is currently en route to Bodrum, Turkey.Previously named Soaring, the vessel was delivered in 2020 and was designed entirely in-house by <a data-gid="gid://syiq/Company/1042" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Focus Yacht Design (Company)">Focus Yacht Design</a>. Her exterior is characterised by a sleek profile, featuring a sharp bow, clean lines and a light grey hull contrasted by a white superstructure. Inside, the 1,541 GT yacht accommodates up to 12 guests across six staterooms. The full-beam owner's suite is among the yacht's standout features, benefitting from a forward-facing position and generous proportions, while an adjoining library offers panoramic views through expansive glazing.Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, <a data-gid="gid://syiq/Yacht/6405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starlust68.2m (223'9&quot;)Abeking & Rasmussen2020">Starlust</a> cruises comfortably at 14 knots and can reach a top speed of 16.2 knots.

Abeking & Rasmussen yacht Starlust in Greece

The 68.2-metre Abeking & Rasmussen superyacht Starlust was seen anchored off Kos, Greece, on 15 May.

68m Abeking & Rasmussen superyacht Starlust in Greece

<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.

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.

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. <img src="https://photo-assets.superyachttimes.com/photo/238531/image/large-432e1e7a51e2116abdebf83073d3ad23.jpg" data-gid="gid://syiq/Photo/238531">

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.

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 the hull of 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.

Hull of 58m superyacht Codecasa C127 completes technical launch

The partial hull and superstructure of a new 55-metre superyacht has been photographed by SuperYacht Times as she was transported to Antwerp. The build of the yacht was started at <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> in Urk and will be completed in the United States. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/239284/image/large-f342d785a12273ee65d3b012c8fa3d0e.jpg" data-gid="gid://syiq/Photo/239284"><img src="https://photo-assets.superyachttimes.com/photo/239286/image/large-e6d8323f8441d760b8f0606032edb7a2.jpg" data-gid="gid://syiq/Photo/239286"><img src="https://photo-assets.superyachttimes.com/photo/239287/image/large-3ae7a408b4975bb4851ad25bad8289a8.jpg" data-gid="gid://syiq/Photo/239287">Very little is known about the yacht, apart from that she has a full aluminium hull and superstructure and is believed to have an interior volume of 499 GT. The yacht is currently partially constructed, with most of the superstructure and part of the main deck currently assembled. The lower hull is being built elsewhere. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/239289/image/large-899f992a688689bed091c5037fe325cc.jpg" data-gid="gid://syiq/Photo/239289"><img src="https://photo-assets.superyachttimes.com/photo/239290/image/large-e72f6a0e3d85e3d43c67e8988381211e.jpg" data-gid="gid://syiq/Photo/239290">

55m Balk yacht hull

The hull of a 55m superyacht has been photographed as she transited through the Netherlands.

In Pictures: Superstructure of 55m superyacht in transit from Balk Shipyard

The <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">Italian Sea Group (TISG)</a> has announced that its relaunching the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brand with a new Gentleman yacht line. The news comes just six months after the acquisition of the iconic brands <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> by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.<img src="https://photo-assets.superyachttimes.com/photo/235980/image/large-94cf9fb7e266377ce5817957ef3be099.jpg" data-gid="gid://syiq/Photo/235980">The new fleet is expected to bring the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brand back into the spotlight and continue the elegance and excellence of the Italian yachting tradition. The project sees a collaboration with <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a>, and represents the harmony between <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 ideas and the needs for the relaunch of <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, with consultancy from Kurt Lehman of <a data-gid="gid://syiq/Company/2973" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Moments (Company)">Yacht Moments</a>.<img src="https://photo-assets.superyachttimes.com/photo/235977/image/large-447ca701040a89dd98a1cbdf7b35df40.jpg" data-gid="gid://syiq/Photo/235977">The new fleet will be named Gentleman and will introduce <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> into the world of serial production. The project is inspired by the silhouette of the American yachts of the 60’s, interpreting timeless classic lines with exclusivity and elegance, and featuring innovative engineering solutions as well as unique and distinctive design."We have chosen to develop an entire fleet, ranging from 24-55 metres in length to satisfy a wide segment of the market. It is a project in strong countertrend dedicated to those owners who want to stand out, but are also well acquainted with tradition and the concept of gentleman yachts” declared <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini</a>.<img src="https://photo-assets.superyachttimes.com/photo/235978/image/large-1076935fe9e936d2661accc7278e3440.jpg" data-gid="gid://syiq/Photo/235978">The hull and the superstructure of the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> fleet will be produced entirely in aluminium, in line with <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 strategy to become more sustainability-oriented. She will stand out from the crowd thanks to her elegant lines and finishes, including the glossy mahogany details on the flanks and polished plating of the bow and on the sides of the stern.<img src="https://photo-assets.superyachttimes.com/photo/235979/image/large-7cd3d46ed5c1e3d9dca0541541fd1fb1.jpg" data-gid="gid://syiq/Photo/235979"><a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini</a>'s stylistic research met the vision of Giovanni Costantino, Founder and 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>, holding company of the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brand: "This new line, clearly inspired by the golden age of post-war yachting, both in terms of layout and materials, immediately conquered me because it recalls the historical models such as the Giglio Series or the Mistral Series by <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, enhancing their design values and the culture of the sea.”<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> has also confirmed its green approach by working on the hull lines to make them more efficient and to optimise the sailing comfort, autonomy and consumption, with hybrid propulsion or fully electric engines.<img src="https://photo-assets.superyachttimes.com/photo/235981/image/large-eccf9ac398607d76407dcbdf82cd0af3.jpg" data-gid="gid://syiq/Photo/235981">In terms of her interior layout, her main deck includes a side corridor that allows guests to move from bow to stern. She uses sophisticated mahogany finishes to help to recreate the atmosphere of the most renowned yachts of bygone eras. She will also feature a large beach club that opens directly on to the sun deck via a large sliding glass door. The Gentleman's Yacht <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> is also equipped with a tender that represents its exact miniature and is characterised by the same lines and finishes.The keel of the first Gentleman <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a>, was laid on 15 July and will be delivered in Summer 2024. Another 15 units are already in the pipeline.

The Italian Sea Group relaunches Picchiotti brand with a new Gentleman yacht line

The Italian Sea Group has announced that its relaunching the Picchiotti brand with a new gentleman yacht line.

Long Read

SYT Synopsis: August's leading yacht news