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.
Big five business reads
The ownership of Heesen Yachts company has passed hands and is once again 100% Dutch. The shares of the company have been transferred to an independent Dutch Foundation.
Lürssen engineering centre in Rijeka to be a major investment in nautical tourism for Croatia
Lürssen Yachts has announced plans to further concrete its position in Croatia with a new engineering centre, which will be located in Rijeka maritime station. The centre is scheduled to open in 2025.
Porto Montenegro announces major expansion plans
Over the next 10-years Porto Montengro will expand into five neighbourhoods, close to doubling its capacity. Once complete, it will offer 850 berths, 315 of which will be reserved for superyachts.
Triple Bay Yacht Club: Saudi Arabia to build major yacht club as part of its 2030 Vision
Plans have surfaced for a Triple Bay Yacht Club in Saudi Arabia, which will have 120 berths for yachts up to 130-metres in length. The yacht club is a major arm of the Saudi Vision 2030.
Centouno Navi: A new superyacht brand by Manuela Lucchesi and Marco Arnaboldi
Centouno Navi will apply waterjet technology and sandwich composite construction for fast, planing yachts. The company has released two superyacht models capable of reaching speeds up to 58 knots. 
For more in-depth analysis of the yacht market, you can download the State of Yachting 2022 for free here. 
We spent a great deal of time with Giorgio M. Cassetta last month to discover his design practice – and we learnt a lot. Justin Ratcliffe visited Giorgio in his studio to get a "behind the scenes" look at his process, which can be watched in the above video. Our team then followed the visit up with a five question Q&A with the esteemed designer. 
In Pictures: Transit and launch of Vitters 56m Project 3083, Alea
Our in-house photographer Ruben Griffioen documented Alea’s transit across the Netherlands from capturing her navigating the Dutch waterways until the moment she made her first splash.
- Custom 52m CRN superyacht Ciao launched
- Versilcraft launches 45m Miss Candy in Pisa
- Codecasa 43m yacht Boji launched from Viareggio, Italy
- 42m lightning-fast Baglietto yacht RUSH hits the water
The stern of Oceanco’s Project Y722 superyacht has left the shed to be transported to the Dutch yacht builder’s facilities in Zwijndrecht for the next stage of construction.
Unknown +100m Lürssen project moved out of the construction shed for assembly
An unknown +100m Lürssen project has moved out of the construction shed and is due to be assembled. The construction is taking place at the Lürssen Bremen Lemwerder facility in Germany.
In pictures: Bow of 91m Feadship captured in-build
Feadship’s 90.5-metre project reached a new milestone today, as the Dutch shipbuilder pulls the bow of her hull out of the shed in Eemhaven, Rotterdam.
At the yard with Project Cosmos: The Final Phase
Long Read: SYT was on site at the Heesen shipyard in January to see 80-metre Project Cosmos come out of the construction shed and begin the last leg of her journey from concept to completion.
In pictures: Amels 74m Project 24207 captured on sea trials
The blue-hulled superyacht was launched from the shipyard from the Amels and Damen Yachting facility in Vlissingen, the Netherlands, in February
Nauta and Wider sells 72m hybrid superyacht Moonflower 72, now in-build
Nauta and Wider have announced the sale and start of the construction of a 72-metre superyacht called the Moonflower 72 project, an innovative steel and aluminium superyacht.
- 52m new-build Sanlorenzo 52 Steel NEO series yacht sold
- The 36m Spritz 116 by Alpha Custom Yachts, Giorgio Cassetta & Laurent Giles
- Vismara unveils the new renderings of 26m in-build yacht VM 80
Bhushan Powar Designs is an award-winning yacht design studio set up in early 2019, that specialises in exterior styling for yachts, product design and architecture. They are based in Goa, India.
- Vripack unveils 88m eco-friendly superyacht concept Utopia at Sea
- Nick Stark Design unveils 81m catamaran concept Project M
- Domus: The 40m trimaran concept that aims to be ‘zero-emission’
SuperYacht Times is pleased to announce the acquisition of The International Superyacht Summit in Dubai from Fabulous Yachts. Launched in 2018, the two-day summit is an annual event that seeks to inform, assist and advise yachting clients and related interested parties, with the goal to develop the Gulf as a superyacht winter destination.
Latitude is a yacht that has, undoubtedly, amassed a wealth of amazing stories for Thadani and his family. In our chat with Mr Thadani, we learn more about the burgeoning Asian market, why the Arctic might be the place to visit (for polar bear lovers at least), and his future exploration plans on his beloved superyacht, with family in tow, of course.