SYT Synopsis: January's roundup

Asia Skyline

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Mine Games cruising

Tatiana yacht cruising

Admiral 55m S-Force yacht exterior design 

Mangusta Oceano 44 

Q yacht cruising

SuperYacht Times Newspaper Issue 39

Page break test marketing

Sailing Yacht A anchored off Koper, Slovenia

Illusion I yacht arial

Yacht fire at Ferretti Shipyard in Cattolica

Juice yacht launch by Feadship

Mogul 777 yacht concept exterior

Le Pharaon by Feadship

Brodosplit 

Galileo 80 yacht exterior design 

Atlantis Bahamas Instagram post 

Launches 2021: SYT Synopsis

Stuart Larsen

Lili yacht cruising

Maybe yacht 

SYT looks back at January, drawing stats and figures powered by the inhouse SYT iQ.  

SYT Synopsis: January in a nutshell

Galactica yacht on transport through the Netherlands

The United States District Court for the Southern District of Florida has dismissed the entire complaint brought by Export Yacht Sales (Brill Maritime), which alleged that Boats Group illegally monopolised the US online boat-listing market through YachtWorld, Boat Trader and boats.com.<img src="https://photo-assets.superyachttimes.com/photo/355047/image/large-0bd8f332392990f5a08cac6ea37b81d1.jpg" data-gid="gid://syiq/Photo/355047">The lawsuit was filed on 14 August 2025, with Brill Maritime alleging that Boats Group controlled approximately 75 percent of the market for listing and marketing recreational boats and used subscription agreements that either bar or discourage brokers and dealers from listing vessels on rival platforms.Read more: <a data-gid="gid://syiq/Article/64073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="US boat dealers bring antitrust class action against Boats Group (2025-08-21 13:00:00 +0200)">US boat dealers bring antitrust class action against Boats Group</a><img src="https://photo-assets.superyachttimes.com/photo/355053/image/large-d4b378b0bbe9bf56a1926a2d570b4fd5.jpg" data-gid="gid://syiq/Photo/355053">According to Brill Maritime, competing platforms had been unable to achieve the scale or inventory to grow their services effectively, leaving brokers and dealers with limited options.The court found that Brill Maritime had plausibly alleged that the relevant market could be defined as an online boat listing and marketing service in the United States and that Boat Group may possess monopoly power in that market.&nbsp;Brill Maritime also alleged that Boat’s Group claimed 75 percent of the global share, reasonably supporting an inference that it has a dominant position in the US market. As a result of this, the judge did not dismiss the case because Boats Group lacks market power.However, the judge said that Brill Maritime had failed to show that Boats Group engaged in illegal anticompetitive conduct and under US antitrust law, being a monopoly is not illegal by itself.The court repeatedly emphasised that monopoly power is legal, but using that power through anticompetitive behaviour to exclude rivals is illegal.&nbsp;The judge found that Brill Maritime’s three main allegations were insufficient including that Boats Group became dominant by acquiring competitors such as YachtWorld.com, boats.com and YachtCloser.com.The judge said that acquiring competitors is not necessarily illegal and that Brill Maritime had not explained how these acquisitions had harmed competition. The complaint had described the acquisitions as “strategic” suggesting it was more of a successful business move than illegal conduct. The judge explained that Brill Maritime had shown that Boats Group bought competitors, but not that these acquisitions were unlawful. <img src="https://photo-assets.superyachttimes.com/photo/355039/image/large-513a0ee840e10e5371f647093bba58d9.jpg" data-gid="gid://syiq/Photo/355039">Brill Maritime also claimed that Boats Group's subscription agreements stoped brokers from listing boats elsewhere. The judge examined the contract language and concluded that the provision merely prevented brokers from implying that a YachtWorld or Boats Group listing originated somewhere else. He therefore concluded that you can advertise on YachtWorld and on other sites and the contract simply prevented you from pretending a Boats Group listing came from another platform, meaning the clause is not an exclusive dealing arrangement.Finally, Brill Maritime argued that Boats Group had dramatically increased its prices. The judge responded that high prices alone are not an antitrust violation. The court cited multiple precedents saying a legal monopolist is generally allowed to charge whatever prices it wants. To prove monopolisation, Brill Maritime needed to show that the higher prices resulted from illegal exclusionary conduct.In conclusion, the judge accepted that Boats Group may hold monopoly power in the US online boat-listing market, but ruled that the plaintiffs failed to show that Boats Group acquired or maintained that position through illegal anticompetitive conduct.United States District Judge, Roy K. Altman dismissed the complaint without prejudice, meaning the plaintiff is able to resubmit an amended complaint, with a deadline of 30 June 2026.&nbsp;The lawsuit also contained claims under Florida law, with the federal court declining to hear the state claims as the federal antitrust claims were dismissed. These were also dismissed without prejudice, allowing for them to also be refiled.&nbsp;SuperYacht Times will continue to follow this story and will provide updates where necessary.

US court dismisses antitrust lawsuit against Boats Group

The US District Court for the Southern District of Florida has dismissed the antitrust lawsuit brought by Export Yacht Sales against Boats Group.

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has denied rumours that they had a possible interest in acquiring <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>.<img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">According to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, press articles had reported that they were in negotiations 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> to acquire the entire share capital or the main assets. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> clarified that at present no negotiations to that effect are underway 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> or its shareholders.“At the same time, as a leading player in the Italian yachting industry and in line with its external growth strategy, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> continuously evaluates and assesses potential opportunities that may arise in the market,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> closed their statement by confirming that if they were to proceed with any transactions, it would inform the market in compliance with terms and conditions required by law.In February 2026, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that Chairman Filippo Menchelli and Vice Chairman Marco Carniani had resigned, with Giovanni Costantino elected as Chairman of the Board of Directors.The following week, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> launched a forensic investigation into internal overspending and financial irregularities. KPMG was appointed to conduct an independent forensic due diligence review, as a result of the actions made possible by a group of individuals within <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.&nbsp;Since then, the Court of Florence has granted protective measures restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction. Last week, these measures were partially lifted for five shipowners.Read more: <a data-gid="gid://syiq/Article/66308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florence court lifts protective measures for five The Italian Sea Group yacht contracts (2026-06-11 10:00:00 +0200)">Florence court lifts protective measures for five The Italian Sea Group yacht contracts</a>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 not the only company that has denied acquisition rumours for TISG. In March 2026, German yacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> told SuperYacht Times that <a data-gid="gid://syiq/Article/65574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen not considering acquiring The Italian Sea Group (2026-03-09 14:00:00 +0100)">the company had not considered acquiring TISG</a>.&nbsp;

Ferretti Group denies The Italian Sea Group acquisition rumours

Italian yacht builder Ferretti Group has denied rumours that they had a possible interest in acquiring The Italian Sea Group (TISG).

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has announced that the KKCG owned shareholder Azúr a.s. has initiated legal proceedings challenging the appointment of the new board of directors at the company's shareholders' meeting on 14 May 2026.<img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">According to a statement released by <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> on 11 June, Azúr filed a writ of summons before the Court of Bologna on 9 June 2026 pursuant to Articles 2377 and 2378 of the Italian Civil Code.Azúr a.s. is a wholly owned part of KKCG’s global business, founded by Czech entrepreneur Karel Komárek. They bring together all of KKCG Maritime’s assets into a single entity and currently have a 23.23 percent stake in the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.&nbsp;Azúr is currently seeking nullity and/or annulment of resolutions concerning the appointment of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>'s new board of directors, the determination of the number of board members and the appointment of the company's board of statutory auditors.They have also requested interim relief from the court to suspend the effectiveness of those resolutions pending the outcome of the proceedings. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> have responded stating that they will take the necessary steps to defend its position.&nbsp;“<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, having taken note of the service of the writ of summons, will protect its rights and will seek appropriate legal advice to defend and will have the absolute correctness of its conduct ascertained before the competent Court.”<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> confirmed that its corporate bodies remain fully operational and continue to perform their respective duties and responsibilities. They also added that these legal proceedings have no impact on its business operations, customer relationships, commercial activities or strategic projects.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> officially announced the appointment of Stassi Anastassov as its new Chief Executive Officer with immediate effect, following the company’s Annual General Meeting held on 15 May 2026.Read more:&nbsp;<a data-gid="gid://syiq/Article/66099" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions (2026-05-15 16:30:00 +0200)">Ferretti Group appoints Stassi Anastassov as CEO amid ownership tensions</a><img src="https://photo-assets.superyachttimes.com/photo/386471/image/large-5864e3d980f30348ec76855095f57666.jpg" data-gid="gid://syiq/Photo/386471">The appointment was confirmed by the Board of Directors, which also reconfirmed Tan Ning as Chairman of the Board and the departure of Alberto Galassi. On 15 May, KKCG Maritime submitted a request to the Italian government to assess whether <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> had breached "golden power" rules designed to shield strategic assets.The matter will now be considered by the Court of Bologna, with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> stating that it will keep shareholders informed of any material developments in accordance with applicable laws and regulations.

KKCG Maritime challenges Ferretti Group board appointments in court

Ferretti has announced that the KKCG owned shareholder Azúr has initiated legal proceedings challenging the appointment of the new board of directors.

Ferretti shareholder KKCG Maritime challenges board appointments in court

<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 announced that the Court of Florence has partially lifted protective measures for five shipowners, following the company's ongoing negotiated crisis settlement procedure.<img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">On 16 March, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that it had initiated a negotiated settlement procedure under Italian Legislative Decree No. 14/2019, following internal financial irregularities. This legal framework aimed to enable them to restructure, while continuing to operate under the supervision of an independent expert.Following this, on 20 April, the Court of Florence granted protective measures for a maximum period of four months, restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction.The court also confirmed that these protective measures extended to shipowners, which prevented them from terminating their contracts of yachts currently under construction during the proceedings.The Court of Florence has now issued an order upholding the appeals filed by five shipowners which prevented them terminating their contracts. With respect to them it was also found that they were unable to exercise the other rights provided under their contracts.&nbsp;The court found that the yachts could not be covered by the protective measures because they were neither assets of the company, nor assets instrumental to its business operations.Read more:&nbsp;<a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a><img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">The ruling also determined that the shipowners were not creditors against whom such measures could be applied and their right to obtain performance under the pending contract could not be satisfied through enforcement or interim measures.The order applies exclusively to the five shipowners who filed the appeals and has no effect on the other shipowners or creditors, with the previous measures remaining in effect for the duration already established by the Court.&nbsp;TISG also stated that these measures do not affect the ongoing negotiations with its main stakeholders, including shipowners, suppliers and financial institutions, as part of the company's economic and financial rebalancing plan which is currently in progress.The company also stated that, with regard to the affected shipowners, the substance of the contractual relationships remains unchanged despite the lifting of the protective measures.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to provide updates on developments relating to the procedure and any further initiatives undertaken in accordance with applicable regulations.

TISG: Florence court removes protections affecting five yacht contracts

A Florence court has partially lifted protective measures affecting five yacht contracts linked to TISG's ongoing negotiated settlement procedure.

Florence court lifts protective measures for five The Italian Sea Group yacht contracts

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>. According to the founders, it is "a new superyacht brokerage and advisory house combining traditional yachting expertise with a 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

<a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a> has announced that it has agreed upon a lease of construction facilities within the Maritime Industry and Business Park Volkswerft Stralsund in Germany. <img src="https://photo-assets.superyachttimes.com/photo/395892/image/large-3ca38fdddd01e9ee25c8a081829cb148.jpg" data-gid="gid://syiq/Photo/395892">Located in the Hanseatic city of Stralsund, Volkswerft Stralsund the 34-hectare site was purchased by the city in February 2022, with the council working to develop it into a maritime industrial and commercial park.The Maritime Industrial and Commercial Park Volkswerft is already home to around 20 companies and offers extensive hall space, heavy-lift capabilities of up to 1,000 tonnes, direct water access and a highly skilled regional workforce.<img src="https://photo-assets.superyachttimes.com/photo/395889/image/large-a9056b5f718fa19673449bfbc198222e.jpg" data-gid="gid://syiq/Photo/395889">“Stralsund offers exactly the kind of environment we were looking for,” explained Henning Dörries, CEO of <a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a>. “This is more than simply additional space, itis about creating the right environment to deliver ambitious projects efficiently and effectively.”Volkswerft Stralsund offers 97,000 square-metres of hall space, 32,000 square-metres of equipped office space and 24,00 square-metres of equipped workshop space and offers access via road, rail and inland/sea shipping.<img src="https://photo-assets.superyachttimes.com/photo/395893/image/large-0f32488cbf3c13ffc99a8b3423fba5fc.jpg" data-gid="gid://syiq/Photo/395893">“We are proud to welcome their success and expertise in the superyacht sector to our maritime industrial and commercial park,” said Volkswerft Stralsund. “Our facilities offer ideal conditions for conversion and new-build projects.”“The combination of infrastructure, expertise and maritime heritage available in Stralsund makes it a natural fit for our future plans,” concluded Dörries.<a data-gid="gid://syiq/Company/3779" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts (Company)">Dörries Yachts</a> has unveiled several superyacht concepts over the years, including the 75-metre <a data-gid="gid://syiq/Article/64397" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dörries Yachts & Phathom Studio unveil 75m superyacht concept Alyra (2025-10-02 14:45:00 +0200)">Alyra</a> designed by <a data-gid="gid://syiq/Company/5530" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phathom Studio (Company)">Phathom Studio</a> and the 115.2-metre <a data-gid="gid://syiq/Article/61224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First Look: Dörries Yachts unveils 115m H2-designed superyacht concept Zephyr (2024-08-12 11:15:00 +0200)">Zephyr</a> yacht designed by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/395888/image/large-55c7722186f293194a8fedc63a57e1bb.jpg" data-gid="gid://syiq/Photo/395888">

Dörries Yachts construction facilities at Volkswerft Stralsund

Dörries Yachts has announced that it has agreed upon a lease of construction facilities at Volkswerft Stralsund in Germany.

Dörries Yachts agrees lease for new shipyard in Germany

A new international association for naval architects, exterior and interior designers operating in the superyacht sector has been formally launched, called the <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">Superyacht Design and Naval Architecture Association (SYDNA)</a>.<img src="https://photo-assets.superyachttimes.com/photo/395084/image/large-ea7330f65bc3a99734a2919387e86bc7.jpeg" data-gid="gid://syiq/Photo/395084">Launched by Executive Director Clair Rozemeijer, alongside Luca Boldrini, Managing Partner of <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a> and Vice President of <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>, the organisation aims to provide greater collective representation for yacht designers and naval architects, an area of the superyacht industry that has historically lacked a unified voice despite significant growth over recent decades.“Associations are founded because individual companies often face similar challenges that they cannot solve entirely on their own, and the association’s role is to create a collective strategy and platform to address those challenges together so that ultimately all members benefit individually from the collaboration,” explained Rozemeijer.The association already counts 12 leading design and naval architecture practices among its membership, including <a data-gid="gid://syiq/Company/37" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azure Yacht Design & Naval Architecture (Company)">Azure Yacht Design &amp; Naval Architecture</a>, <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a>, <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>, <a data-gid="gid://syiq/Company/4308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FM Architettura (Company)">FM Architettura</a>, <a data-gid="gid://syiq/Company/33" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hoek Design Naval Architects B.V. (Company)">Hoek Design</a>, <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>, <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta</a>, <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, <a data-gid="gid://syiq/Company/8394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Philippe Briand Group Ltd. (Company)">Philippe Briand</a>, <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>, <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> and <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, with qualifying studios invited to join<img src="https://photo-assets.superyachttimes.com/photo/395085/image/large-1f495a08cbefdd41f95fcaeceeb15138.jpg" data-gid="gid://syiq/Photo/395085">“Together with <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>'s board members and founding members, we explored where meaningful collaboration could exist, not in the areas where companies compete, but in the areas where we can collectively strengthen the profession of yacht designers and naval architects, and positively contribute to the wider industry,” added Rozemeijer.The association will aim to improve professionalism through market research, standard contracts, ethical guidelines and quality standards. <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a> also plans to engage more actively with regulatory bodies including the <a data-gid="gid://syiq/Company/4531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Maritime Organization (Company)">International Maritime Organization</a> and ISO, while encouraging greater knowledge-sharing among members.Sustainability will also form a core area of focus, as designers and naval architects can play a greater role in supporting the transition towards more sustainable technologies and solutions, including developments linked to Roadmap 2050, in collaboration with the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>.“The Superyacht Builders Association (SYBAss) has successfully got the industry’s voice heard before new rules and regulations become a fait accompli,” added Espen Øino, founder and owner of <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>, and President of <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>. <img src="https://photo-assets.superyachttimes.com/photo/395086/image/large-bd4c7ffda795a9ef61a079534321475b.jpeg" data-gid="gid://syiq/Photo/395086">“<a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a> allows us to have representation for elements specific to what we do as designers, whether that’s rules and regulations, how we deal with contracts, or other issues on which we will benefit from open discussion. It enables us to speak with one common voice toward authorities, the media, or clients.”The association also aims to strengthen recognition and credibility for member studios while supporting future generations of designers entering the sector. “The creative side of our industry has grown quite organically over many years and we’ve all entered it from different avenues,” said Jim Dixon, Studio Principal of Yachts &amp; Aviation at <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> and board member of <a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a>. “We all felt it was time for consolidation, unanimity and robustness behind what we do.”To qualify for full membership, studios must have operated for at least 10 years and successfully delivered a minimum of five projects over 30 metres within the past decade, including new builds, major refits or conversions.“<a data-gid="gid://syiq/Company/8866" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Design and Naval Architecture Association (SYDNA) (Company)">SYDNA</a> means we can not only bring designers together better, but also enhance our communication, cross-fertilisation and collaboration with shipyards and brokers, and ultimately that helps to grow the industry as a whole,” concluded Boldrini.

SYDNA launches international association for superyacht designers and naval architects

A new international association for naval architects and designers
operating in the superyacht sector has been formally launched.

SYDNA launches to represent superyacht designers and naval architects

<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 announced plans to gradually increase activity across its shipyard operations, with the goal of returning to full operations in early June.In a statement issued today (27 May 2026), <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> stated that the shipyard's operational activities will be ‘progressively intensified’, amid the ongoing restructuring process. This follows last week’s announcement that the company’s share capital had fallen below the legal minimum.Read more: <a data-gid="gid://syiq/Article/66150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG enters restructuring phase after share capital falls below legal minimum (2026-05-22 11:15:00 +0200)">TISG enters restructuring phase after share capital falls below legal minimum</a><img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, the company aims to reach full operations, starting from the first ten days of June. They stated that a rebalancing process remains underway through previously identified strategic measures, with cash management and operational financial dynamics continuing to be monitored.CEO Giovanni Costantino confirmed that the restructuring process is being developed with the support of top-tier advisors, but also criticised certain trade union organisations, which he described as “superficial” and “provocative” to the situation.&nbsp;“Rather than working together constructively and contributing during such a crucial phase in the life of the company, figures are being cited at random with no understanding whatsoever of the actual business situation,” commented Giovanni Costantino.&nbsp;The company also provided updates on several key projects currently under construction, including the first unit of the new 49.95-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50M line, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a>, which recently completed sea trials and is scheduled for delivery in the first days of July, and the second hybrid unit, which will be launched in the first ten days of July, with delivery expected in September.Read more: <a data-gid="gid://syiq/Article/64891" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="50m Admiral Yachts Panorama series motor yacht Spribe launched (2025-12-02 15:00:00 +0100)">50m Admiral Yachts Panorama series motor yacht Spribe launched</a><img src="https://photo-assets.superyachttimes.com/photo/379687/image/large-11f9a8770e46f4ce46a8fb5632b8a7c1.jpg" data-gid="gid://syiq/Photo/379687">Meanwhile, the 31-metre <a data-gid="gid://syiq/Article/64789" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First 31m Tecnomar for Lamborghini 101 yacht moves to outfitting (2025-11-17 15:45:00 +0100)">Tecnomar for Lamborghini 101</a> yacht is currently undergoing the final stages of carpentry works at the Group’s Turkish facilities before being transferred to Italy in mid-June for outfitting. Construction of an additional 88-metre project is also progressing to schedule, with the yacht expected to arrive in Italy in October for completion works.<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 confirmed progress on its larger custom projects, including recently signed 82-metre and 85-metre builds acquired at the end of 2025. Both projects are currently in the detailed design phase, with keel-laying ceremonies expected to take place between July and September at the Group’s facilities in Turkey.&nbsp;The company added that activities within its refit division have continued without interruption, with operations at <a data-gid="gid://syiq/Company/7113" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celi S.r.l (Company)">CELI 1920</a>, the Group’s interior and cabinetry division, progressing in line with planned schedules.In addition, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> confirmed that it will participate in the 2026 edition of the <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a>, scheduled to take place this September.

The Italian Sea Group aims for full operations by June 

TISG has announced plans to gradually increase activity across its shipyard operations, with the goal of returning to full operations in early June.

The Italian Sea Group aims for full operations by June amid company restructuring

<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> is facing a serious financial setback and has entered a formal court-supervised restructuring process in an effort to stabilise the business.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">In a forensic due diligence update, the company said it has recorded losses significant enough to reduce its share capital below the minimum level required under Italian law. This has triggered a material event under Article 2447 of the Italian Civil Code, which in turn requires mandatory corporate action and the activation of protective measures under Italy’s Crisis and Insolvency Code.The Board of Directors met on 21 May 2026 to address what it described as significant losses. <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> confirmed that it is now operating within a formal restructuring framework as it works to address the financial shortfall and restore its capital position.&nbsp;The update follows an announcement in April 2026, where <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> confirmed that the court of Florence had granted protective measures as part of its negotiated composition procedure to restructure the company.Read: <a data-gid="gid://syiq/Article/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a><img src="https://photo-assets.superyachttimes.com/photo/367061/image/large-152c0f12c19271f70607c9687ef33098.jpg" data-gid="gid://syiq/Photo/367061">The ruling comes following a criminal complaint filed by Chief Executive Officer Giovanni Costantino against certain former senior executives 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> who headed corporate functions and allegedly acted in coordination with one another.According to the company, preliminary assessments show that accumulated losses have reduced share capital below the legal minimum threshold required under Italian corporate law.&nbsp;While the exact figure has yet to be determined, the board confirmed that statutory obligations have been triggered, including the convening of a shareholders’ meeting and the preparation of updated financial statements.The board also approved the guidelines of a broader turnaround plan aimed at restoring financial stability and maintaining business continuity. The company stated that the plan is intended to preserve ongoing concern status, while rebalancing equity within the current financial year.The proposed measures include renegotiations with multiple ship owning companies to recover extra costs on existing contracts, the revaluation of real estate assets, potential disposal of non-core property assets and the possibility of positive effects arising from an agreement with tax authorities.The board said it believes the underlying assumptions of the plan provide a reasonable basis for overcoming the current financial difficulties, while continuing to operate across its shipbuilding and refit divisions.The company also acknowledged the causes of the crisis to misconduct by certain senior managers acting in coordination.&nbsp;Read: <a data-gid="gid://syiq/Article/65584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG files complaint against former executives following forensic investigation (2026-03-10 09:15:00 +0100)">TISG files complaint against former executives following forensic investigation</a><img src="https://photo-assets.superyachttimes.com/photo/355527/image/large-10e2f4203acc580bab536674f4910115.jpg" data-gid="gid://syiq/Photo/355527">As part of the restructuring framework, the company has also activated protective measures under Article 20 of Legislative Decree 14/2019, designed to safeguard operations while restructuring actions are implemented. The filing will take effect upon registration with the Companies’ Register.On 2 March, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that it had appointed KPMG to conduct an independent forensic investigation after it had identified significant extra-budget costs across its order portfolio.According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, the due diligence conducted by KPMG Advisory, originally initiated in February 2026, has been delayed due to the prioritisation of business continuity measures and changes in senior management. The completion of the review is now expected by late June or early July 2026.The company also confirmed it will continue to update the market as required under EU Market Abuse Regulation obligations.

TISG share capital falls below legal minimum

TISG is facing a serious financial setback and has entered a formal court-supervised restructuring process in an effort to stabilise the business.

TISG enters restructuring phase after share capital falls below legal minimum

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has approved its unaudited consolidated periodic financial information for the first quarter of 2026, reporting lower revenue, profit and order intake, while maintaining a slightly improved adjusted EBITDA margin.Net revenue new yachts amounted to €302.1 million in the first quarter of 2026, down eight percent compared with €328.5 million in the same period last year. Adjusted EBITDA stood at €48.7 million, compared with €52.5 million in Q1 2025, while the adjusted EBITDA margin increased slightly to 16.1 percent, up from 16 percent a year earlier.<img src="https://photo-assets.superyachttimes.com/photo/394210/image/large-3bfd53739fbb59d4d9e5f0968bf4da9e.jpg" data-gid="gid://syiq/Photo/394210">Net profit for the period was €21 million, compared with €23.9 million in the first quarter of 2025. Order intake reached €179.6 million, down from €270.6 million in Q1 2025, reflecting what the company described as a softer commercial environment and slower order conversion.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s net backlog stood at €722.3 million as of 31 March 2026, compared with €828.6 million at the end of December 2025. The company reported a net financial position of €18.4 million at the end of the quarter, down from €111 million as of 31 December 2025.Stassi Anastassov, Chief Executive Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, said the first quarter had reflected “a softer commercial environment and slower order conversion than we would have liked, particularly on order intake.” He added that the group was approaching the market with “realism, discipline and operational focus.”Despite the lower order intake, Anastassov said the underlying fundamentals of the business remained solid, citing the group’s brand positioning, resilient margins and backlog visibility. According to <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>, more than €400 million of net backlog is expected to convert into 2026 revenues.For the full year 2026, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has issued guidance for net revenue new yachts of between €1.25 billion and €1.27 billion. The company expects an adjusted EBITDA margin of between 16.2 percent and 16.6 percent, with capital expenditure forecast between €70 million and €75 million.During the first quarter, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> participated in several major international boat shows, including Düsseldorf, Miami and Palm Beach. The company also remained the subject of corporate activity following KKCG Maritime’s conditional voluntary partial tender offer to acquire up to 15.4 percent of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s share capital.The offer, initially priced at €3.50 per share, was increased to €3.90 per share in March. The acceptance period closed on 13 April 2026, with KKCG Maritime receiving valid acceptances for 29,611,598 shares, representing approximately 8.75 percent of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s share capital. The total consideration amounted to €115.5 million.Following the end of the reporting period, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> also held its ordinary shareholders’ meeting on 14 May 2026. Among other resolutions, shareholders approved the audited separate financial statements for the year ended 31 December 2025, the distribution of an ordinary dividend of €0.11 per share, and the appointment of the new Board of Directors and Board of Statutory Auditors.<img src="https://photo-assets.superyachttimes.com/photo/394211/image/large-a4e5f60bae61b6a1d51d622c3e77d808.jpeg" data-gid="gid://syiq/Photo/394211">Read:&nbsp;<a data-gid="gid://syiq/Article/66087" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors (2026-05-14 16:00:00 +0200)">Ferretti CEO Alberto Galassi departs as company appoints new Board of Directors</a> On 14 May 2026, the company held its ordinary shareholders’ meeting, during which shareholders approved the appointment of a new Board of Directors. The changes marked the departure of Alberto Galassi, who had led <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> as Chief Executive Officer for 12 years. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s current corporate governance page lists Stassi Anastassov as Chief Executive Officer and Tan Ning as Chairman of the Board of Directors.

Ferretti Group reports lower Q1 revenue as order intake falls

Ferretti Group reports lower Q1 2026 revenue, profit and order intake, while maintaining a slightly improved adjusted EBITDA margin.

Ferretti Group reports €302m in Q1 revenue as order intake softens

<a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a> has announced that the inner marina, Marina City, is now complete as part of their phased transformation. <img src="https://photo-assets.superyachttimes.com/photo/397349/image/large-033282147cabe8f5a2ddb1d15d41bc62.png" data-gid="gid://syiq/Photo/397349">Led by the IPM-IMG Group and Ocibar, the project aims to revitalise the three marinas that previously hosted the 2007 America's Cup, while introducing a cutting-edge refit yard, a state-of-the-art dry dock and modern commercial spaces.Read more: <a data-gid="gid://syiq/Article/62614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First renderings of new Marina Port Valencia development unveiled (2025-02-14 12:45:00 +0100)">First renderings of new Marina Port Valencia development unveiled</a><img src="https://photo-assets.superyachttimes.com/photo/397347/image/large-02f98e636005af30408a0493b3b9cb49.png" data-gid="gid://syiq/Photo/397347">The Marina City is now ready to welcome its first customers for the summer season with a full range of premium services. Positioned in the most sheltered area of the port, it has been designed to welcome yachts between 12 and 130 metres and boasts an exclusive central pontoon with berths from 15 metres available for sale or rent for ten, fifteen or twenty years.Construction will soon begin at Marina Norte on a collection of new office buildings designed to attract leading companies and create a hub for networking, innovation and talent. Local residents will also be able to benefit from a restaurant that will open in the former Panorama building.<img src="https://photo-assets.superyachttimes.com/photo/397346/image/large-ad9d771b5b626cd1085ee90660cd52f1.png" data-gid="gid://syiq/Photo/397346">The redevelopment of the marina will be completed in planned phases over the coming years, with local residents able to experience the marina’s new public spaces as each stage is completed.With landscaping designed by GM Paisajistas, in coordination with the architects at ERRE Arquitectura, the plan links Marina Norte, Marina City and Marina Sur through a landscaped ‘green corridor’, creating a continuous route for pedestrians and cyclists lined by Mediterranean vegetation.<img src="https://photo-assets.superyachttimes.com/photo/397348/image/large-4ff447ed4895040fef35c2236798337f.png" data-gid="gid://syiq/Photo/397348">With this project, Marina Port Valencia will reconnect the city with the waterfront,” explained <a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a>. "In doing so, it responds to local leisure needs while providing businesses with an unrivalled waterfront environment, establishing Marina Port Valencia as a leading national and international destination built on the principles of sustainability."<img src="https://photo-assets.superyachttimes.com/photo/348287/image/large-0f4e8368c10bd6b34945367d123348e5.jpg" data-gid="gid://syiq/Photo/348287">

Marina Port Valencia completes Marina City development

Marina Port Valencia has announced that the inner marina, Marina City, is now complete as part of their phased transformation.

Marina Port Valencia completes inner marina for yachts up to 130m

The 24.6-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> motor yacht <a data-gid="gid://syiq/Yacht/16575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H224.6m (80'9&quot;)Princess Yachts2022">N2H2</a> has been sold, with Joe Hill of <a data-gid="gid://syiq/Company/5046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Brokerage International (Company)">Princess Brokerage International</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/377303/image/large-e9f5ee62744476943f9773dd48e429fb.jpg" data-gid="gid://syiq/Photo/377303">Delivered in 2022, the yacht features interiors penned in-house by her British builder. Meanwhile, <a data-gid="gid://syiq/Company/2740" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olesinski Ltd. (Company)">Olesinski</a> took charge of her naval architecture and exterior design.At a volume of 78 GT, she can sleep up to eight guests across four well-appointed staterooms. Guests can enjoy communal areas such as the foredeck and aft deck fitted with sunpads and the flybridge with shade.Propulsion-wise, <a data-gid="gid://syiq/Yacht/16575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H224.6m (80'9&quot;)Princess Yachts2022">N2H2</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, giving her top speed of 39 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/16575" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="N2H224.6m (80'9&quot;)Princess Yachts2022">N2H2</a> had a last known asking price of £3,175,000.00.Courtesy of <a data-gid="gid://syiq/Company/5046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Brokerage International (Company)">Princess Brokerage International</a>.

Princess yacht N2H2 sold

Princess yacht, N2H2 sold, Princess yacht N2H2, Princess yacht sold, N2H2 sold.

25m Princess motor yacht N2H2 sold

The 35.4-metre <a data-gid="gid://syiq/Company/602" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Valdettaro S.r.l. (Company)">Cantiere Valdettaro</a> sailing yacht <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> has been sold with Yannis Stratis of <a data-gid="gid://syiq/Company/6235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Broker House (Company)">Yacht Broker House</a>. The sale was concluded directly with a private buyer, with <a data-gid="gid://syiq/Company/6235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Broker House (Company)">Yacht Broker House</a> acting as both owner and central agent in the transaction.<img src="https://photo-assets.superyachttimes.com/photo/98550/image/large-7470442e827fa639586e6fb0099778c8.jpg" data-gid="gid://syiq/Photo/98550">The sale was completed in spring 2026 at Yacht Broker House's home base in Corfu, Greece. Since changing hands, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> has departed Greece and is now cruising European waters under her new ownership.&nbsp;Delivered in 1992 by Italian shipyard <a data-gid="gid://syiq/Company/602" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Valdettaro S.r.l. (Company)">Cantiere Valdettaro</a>, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> most recently underwent a refit in France in 2024. She features exterior design and naval architecture by <a data-gid="gid://syiq/Company/357" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Laurent Giles Superyacht Architects (Company)">Laurent Giles Superyacht Architects</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/618" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Garroni (Company)">Studio Garroni</a>.Constructed with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> has a beam of 7.95-metres and an interior volume of 171 GT. Accommodation onboard is arranged for up to 10 guests across a five stateroom configuration, while dedicated quarters house up to a crew of six, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> is powered by a single <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engine that delivers a cruising speed of 9.7 knots and a top speed of 12 knots.&nbsp;At the time of her sale, <a data-gid="gid://syiq/Yacht/2213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unplugged35.4m (116'2&quot;)Cantiere Valdettaro S.r.l.1992">Unplugged</a> had a last known asking price of €900,000.

35m Cantiere Valdettaro sailing yacht Unplugged sold

  The 35.4-metre Cantiere Valdettaro sailing yacht Unplugged has been sold with Yacht Broker House

<img src="https://photo-assets.superyachttimes.com/photo/392305/image/large-86c88e62c5d466ff1f840f9818dce38b.jpg" data-gid="gid://syiq/Photo/392305">The 29.7-metre <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> motor yacht <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> has been sold. Ferhat Kanbur of <a data-gid="gid://syiq/Company/7089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Data Marin (Company)">Data Marin</a> introduced the buyer, while Ilker Bicaco of <a data-gid="gid://syiq/Company/5001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Talia Marine (Company)">Talia Marine</a> represented the seller.Delivered in 2010, the yacht features naval architecture penned in-house by her builder. Meanwhile, her interior and exterior designs were crafted by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Design</a>.Inside, her design is distinguished by light coloured woods that give the yacht a contemporary feel. <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> can accommodate up to ten guests across four well-appointed staterooms at a volume of 177 GT. Moreover, a highlight of the yacht is a relaxation area on her flybridge, where guests can enjoy panoramic views.&nbsp;In terms of propulsion system, <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 24 knots and a top speed of 27 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/7645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Yaz29.7m (97'5&quot;)Custom Line2010">Lady Yaz</a> had a last known asking price of €2,990,000.Photo courtesy of <a data-gid="gid://syiq/Company/5001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Talia Marine (Company)">Talia Marine</a>.

Custom Line yacht Lady Yaz sold

The 29.7-metre Custom Line motor yacht Lady Yaz has been sold.

30m Custom Line motor yacht Lady Yaz sold

The 57-metre <a data-gid="gid://syiq/Company/106" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trinity Yachts (Company)">Trinity</a> motor yacht <a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar</a> is on the market, with Rob Newton of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> benefitted from a 2025 refit that refreshed her interiors and modernised her systems.<img src="https://photo-assets.superyachttimes.com/photo/397161/image/large-157dd31b806639942ec6e7d2aeb4801c.jpg" data-gid="gid://syiq/Photo/397161">With a deck design built around guest flow, <a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar</a> features naval architecture and exterior design penned in-house by her American builder. Meanwhile, <a data-gid="gid://syiq/Company/111" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Evan K Marshall (Company)">Evan K Marshall</a> took charge of her interior design which is distinguished by Italian marbles, Lalique glass, silk carpets and rich wood in birch, vavona, and bur.<img src="https://photo-assets.superyachttimes.com/photo/397220/image/large-a05b27ee4abd4103f48fae88e6afdaf3.jpg" data-gid="gid://syiq/Photo/397220"><img src="https://photo-assets.superyachttimes.com/photo/397195/image/large-5eb0377176736d577315088431b690c5.jpg" data-gid="gid://syiq/Photo/397195">At a volume of 782 GT, the <a href="https://www.superyachttimes.com/yachts/elis-et-mar" target="_blank">yacht Elis Et Mar for sale</a> can accommodate up to 12 guests across six well-appointed staterooms. Her full-beam master suite is found on the main deck. This area can be accessed via a private office and is fitted with a king-size bed, walk-in wardrobe, and his-and-hers bathrooms with a soaking tub, separate rain shower, and mirror TVs. <img src="https://photo-assets.superyachttimes.com/photo/397199/image/large-86d7a9b383706d0176d50ebc3a5183fe.jpg" data-gid="gid://syiq/Photo/397199"><img src="https://photo-assets.superyachttimes.com/photo/397208/image/large-d05e1e5f38e5dc5c8b79aa56962db52a.jpg" data-gid="gid://syiq/Photo/397208">The <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale’s</a> VIP suite located on the bridge deck also showcases a king-size bed, elevated views, and a spacious ensuite. Four guest suites on the lower deck, all with fixed king beds and ensuite bathrooms, complete the accommodation.<img src="https://photo-assets.superyachttimes.com/photo/397214/image/large-27ec017e7e73699f2a44df284651fc7c.jpg" data-gid="gid://syiq/Photo/397214">Moving outside, guests aboard <a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar</a> are spoilt for choice between adventure and relaxation. Her sundeck plays host to a large Jacuzzi, generous sunpads, a full bar, and an outdoor entertainment system. For those looking to keep active, a fully enclosed, air-conditioned gym is also on offer, equipped with a Pilates Reformer, treadmill, free weights, and audio-visual facilities. A portable ice bath is also available upon request.<img src="https://photo-assets.superyachttimes.com/photo/397235/image/large-cd87a31b555950b9bd569392e9918873.jpg" data-gid="gid://syiq/Photo/397235"><a data-gid="gid://syiq/Yacht/364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Elis Et Mar57.0m (187'0&quot;)Trinity Yachts2012">Elis Et Mar’s</a> bridge deck sky lounge provides a relaxed indoor retreat, complete with plush seating, a full-service bar, and alfresco dining for up to 12 guests aft. Guests may choose between a formal indoor dining space or an aft dining area with optional climate control, offering flexibility to suit any occasion, on the main deck aft.<img src="https://photo-assets.superyachttimes.com/photo/397231/image/large-98b1ee45ae88293202adcd95833904d2.jpg" data-gid="gid://syiq/Photo/397231">Moreover, an impressive array of water toys ensures no shortage of thrills for the more adventurous. On the water, guests can make use of four <a data-gid="gid://syiq/Company/3030" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cayago AG / Seabob (Company)">Seabobs</a>, two Lift E-Foils, an Awake Ravic electric surfboard, three Jet Skis, a <a data-gid="gid://syiq/Company/5777" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yamaha (Company)">Yamaha</a> Superjet, inflatable towables, and full snorkelling and fishing gear, alongside two foldable e-bikes for exploration ashore. The entire guest experience is overseen by a professional crew of 13.<img src="https://photo-assets.superyachttimes.com/photo/397191/image/large-7c46a1b67dc6f3193229d237bca28a4f.jpg" data-gid="gid://syiq/Photo/397191">In terms of propulsion system, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=trinity-yachts" target="_blank">Trinity yacht 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, giving her a cruising speed of 14 knots and a top speed of 20 knots.<img src="https://photo-assets.superyachttimes.com/photo/397192/image/large-e9dc6c5d43d791366dd8c886a1767f06.jpg" data-gid="gid://syiq/Photo/397192">

Trinity yacht Elis Et Mar for sale

The 57-metre Trinity motor yacht Elis Et Mar is on the market, with Rob Newton of IYC.

57m Trinity superyacht Elis Et Mar for sale

The 23.27-metre <a data-gid="gid://syiq/Company/6072" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lagoon Yachts (Company)">Lagoon</a> sailing yacht <a data-gid="gid://syiq/Yacht/13810" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Ponant23.27m (76'4&quot;)Lagoon Yachts2024">Spirit of Ponant</a> is on the market, listed with Pierre Vezilier of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/397239/image/large-f1bb937cf0476fd3bcdc5812056e6442.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260617%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260617T063333Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=262c295532260cfc74c32458fc7618902efd698bf345fdbf0eacd0c8ba9d3ec2" data-gid="gid://syiq/Photo/397239">Delivered in 2024, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/6073" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Patrick Le Quément (Company)">Patrick Le Quément</a>, interior styling by <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>, and naval architecture by <a data-gid="gid://syiq/Company/39" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VPLP Design (Company)">VPLP Design</a>. She was conceived with a large sail plan and an optimised hull, delivering efficient open-water performance and stability at sea.<img src="https://photo-assets.superyachttimes.com/photo/397254/image/large-5dd6261e35858f970d81b928ddaa7e07.jpg" data-gid="gid://syiq/Photo/397254"><img src="https://photo-assets.superyachttimes.com/photo/397252/image/large-c8d1bd1bbc866600bfd48dd91c2cdf50.jpg" data-gid="gid://syiq/Photo/397252">The interiors onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> are laid out with a strong emphasis on privacy and generous communal areas. Warm shades of brown, blue and neutral tones run throughout both the private and shared spaces, creating a cohesive atmosphere.<img src="https://photo-assets.superyachttimes.com/photo/397249/image/large-dba320035103ae5c7f72055143b1b08b.jpg" data-gid="gid://syiq/Photo/397249"><img src="https://photo-assets.superyachttimes.com/photo/397242/image/large-6501bd710eba06086f0cd2e755663aab.jpg" data-gid="gid://syiq/Photo/397242">The <a href="https://www.superyachttimes.com/yachts/spirit-of-ponant" target="_blank">yacht Spirit of Ponant for sale</a> can accommodate up to 12 guests across six well-appointed staterooms, with a gross tonnage of 135 GT. On deck, guests may dine alfresco in the aft area, while a hydraulic swim platform provides easy access to the sea.<img src="https://photo-assets.superyachttimes.com/photo/397255/image/large-1b4072cb4b8f209c2ca62d359f3ddbeb.jpg" data-gid="gid://syiq/Photo/397255"><a data-gid="gid://syiq/Yacht/13810" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spirit of Ponant23.27m (76'4&quot;)Lagoon Yachts2024">Spirit of Ponant</a> is powered by twin <a data-gid="gid://syiq/Company/6795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nanni industries (Company)">Nanni Industries</a> engines, giving the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=lagoon-yachts" target="_blank">Lagoon yacht for sale</a> a cruising speed of 10 knots and a top speed of 18 knots.Photo courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

catamaran yacht Spirit of Ponant for sale

The 23.27-metre Lagoon sailing yacht Spirit of Ponant is on the market.

23m catamaran Spirit of Ponant for sale

<img src="https://photo-assets.superyachttimes.com/photo/397150/image/large-843519c5d1eee2588222c47260858dee.jpg" data-gid="gid://syiq/Photo/397150">The 73.3-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> superyacht <a data-gid="gid://syiq/Yacht/3448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautilus73.3m (240'6&quot;)Perini Navi2014">Nautilus</a> has been spotted making her second visit to Guernsey, having first called at the island on 2 May 2016. She was seen in St Peter Port yesterday and is now en route to Gibraltar, according to AIS data.Previously known as Grace E, she was delivered in 2014 by <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> under its Picchiotti brand in Viareggio, as the largest motor yacht ever built by the shipyard. The 1,876 GT vessel features exterior design by <a data-gid="gid://syiq/Company/53" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Briand Yacht Design (Company)">Briand Yacht Design</a>, with interiors originally conceived by French designer <a data-gid="gid://syiq/Company/533" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rémi Tessier (Company)">Rémi Tessier</a>. She underwent a refit in 2023 with <a data-gid="gid://syiq/Company/681" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Marine (Company)">Monaco Marine</a> at <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor (Company)">Safe Harbour</a> La Ciotat.<a data-gid="gid://syiq/Yacht/3448" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautilus73.3m (240'6&quot;)Perini Navi2014">Nautilus</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> diesel-electric engines, affording her a cruising speed of 12 knots, a top speed of 16.5 knots, and a range of 7,500 nautical miles.

73m Perini Navi superyacht Nautilus in Guernsey

The 73.3-metre Perini Navi superyacht Nautilus has been spotted making her second visit to Guernsey.

<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> and <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a> have announced the delivery of the 23.96-metre <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Gentleman 24M yacht. The yacht was officially christened <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> at the shipyard in La Spezia and delivered to <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a> Chairman Tommaso Chiabra as she joins their charter fleet. <img src="https://photo-assets.superyachttimes.com/photo/397262/image/large-69463179651c336f45f621e2a3eab461.jpg" data-gid="gid://syiq/Photo/397262">Designed by <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> in collaboration with <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Centro Stile, the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brand was relaunched in 2022, just six months after the acquisition of the company by <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>.&nbsp;Read more:&nbsp;<a data-gid="gid://syiq/Article/55685" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group relaunches Picchiotti brand with a new Gentleman yacht line (2022-08-03 12:00:00 +0200)">The Italian Sea Group relaunches Picchiotti brand with a new Gentleman yacht line</a><img src="https://photo-assets.superyachttimes.com/photo/397263/image/large-9d2b1e1afb8a57386a11c5c8c4b07162.jpg" data-gid="gid://syiq/Photo/397263">“We are proud to acquire this exceptional asset and to contribute to the revival of one of the most historic names in Italian shipbuilding,” commented Tommaso Chiabra, Chairman of <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International</a>.Inspired by the silhouette of the American yachts of the sixties, <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> boasts timeless classic lines and is produced entirely in aluminium. She showcases glossy mahogany details and polished plating on her bow and the sides of her stern.<img src="https://photo-assets.superyachttimes.com/photo/397261/image/large-601aad94946cbee604189de94508e6a8.jpeg" data-gid="gid://syiq/Photo/397261">Spanning 149 GT, <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> can comfortably accommodate up to six guests across a three stateroom configuration on the lower deck, with her full-beam owner’s suite situated amidships.&nbsp;“The <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Gentleman 24M has a rare quality: she feels immediately familiar, elegant and beautifully Mediterranean,” added Chiabra. “She has substance, warmth and personality; she belongs to a lineage of yachts conceived for private life at sea, while speaking naturally to the expectations of contemporary charter clients.”Conceived for Mediterranean cruising, she features plenty of open-air spaces, with a large beach club for charter living. Perfect for clients seeking privacy and charm, <a data-gid="gid://syiq/Yacht/12325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gentleman23.96m (78'7&quot;)Picchiotti2025">Gentleman</a> gives the feeling of a private residence on the water. <img src="https://photo-assets.superyachttimes.com/photo/397264/image/large-c0669bf9240500ea4ff1be1400818b85.jpg" data-gid="gid://syiq/Photo/397264">“<a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> carries the spirit of Janus: one gaze turned towards centuries of seafaring knowledge, the other towards those who will define the next codes of yachting,” added Gianmaria Costantino, Chief Commercial Officer 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>.“She offers a measured threshold into the <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> world: time onboard becomes a first form of belonging, and that first encounter may quietly mature into something deeper and more personal.”<img src="https://photo-assets.superyachttimes.com/photo/397265/image/large-817d20ffb7d4c6c57e79117b435352b2.png" data-gid="gid://syiq/Photo/397265">(Images courtesy of The Italian Sea Group and Royal Yacht International.)

Gentleman: Picchiotti Gentleman 24M yacht delivered

TISG and RYI have announced the delivery of the first Picchiotti Gentleman 24M yacht, which has been christened Gentleman. 

First Picchiotti Gentleman 24M yacht delivered and christened Gentleman

The 25.13-metre <a data-gid="gid://syiq/Company/745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JFA Yachts (Company)">JFA</a> sailing yacht <a data-gid="gid://syiq/Yacht/4057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikigai25.13m (82'5&quot;)JFA Yachts2001">Ikigai</a> is listed for auction in partnership with YachtBid and <a data-gid="gid://syiq/Company/8166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bright Auctions (Company)">Bright Auctions</a>, with bidding scheduled to take place from 24 August to 31 August 2026. The auction will commence 17:00 CEST on 24 August and conclude at 19:00 CEST on 31 August, with a starting bid of €250,000.<img src="https://photo-assets.superyachttimes.com/photo/397102/image/large-24821bba9e1a05c9dc0c4a4bf8b68c0a.jpg" data-gid="gid://syiq/Photo/397102">Delivered in 2001 by the French shipyard <a data-gid="gid://syiq/Company/745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JFA Yachts (Company)">JFA Yachts</a>, <a data-gid="gid://syiq/Yacht/4057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikigai25.13m (82'5&quot;)JFA Yachts2001">Ikigai</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/328" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Judel / Vrolijk & co (Company)">Judel / Vrolijk &amp; Co</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="GCA Arquitectes Associats (Company)">GCA Arquitectes Associats</a>.<img src="https://photo-assets.superyachttimes.com/photo/397099/image/large-d3134277ff497a941f78eeef0793127b.jpg" data-gid="gid://syiq/Photo/397099">Built with an aluminium hull and superstructure, the sloop-rigged yacht up for auction has a beam of 6.1-metres and a draft of 3.5-metres.The sailing yacht has benefitted from an extensive refit programme, with a €5 million rebuild completed by <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters Shipyard</a> in The Netherlands in 2018 under the project name "Take Fife,” due to the extent of the project. Further upgrades have since included re-headed rod rigging in 2022 and the installation of an identical main engine and generator in 2024.<img src="https://photo-assets.superyachttimes.com/photo/397101/image/large-ebcc23d62219cd7ce60d0a462ebb1932.jpg" data-gid="gid://syiq/Photo/397101">Designed as a performance cruiser, <a data-gid="gid://syiq/Yacht/4057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikigai25.13m (82'5&quot;)JFA Yachts2001">Ikigai</a> sports a sleek flush-deck look with wide teak decks and a spacious cockpit that encourages guests to socialise while underway. Her generous sail plan is complemented by a practical deck layout, supporting an exhilarating performance and comfortable short-handed cruising.<img src="https://photo-assets.superyachttimes.com/photo/397100/image/large-8bdc9d3d6e38c085fc40e976a246dea4.jpg" data-gid="gid://syiq/Photo/397100">Inside, <a data-gid="gid://syiq/Yacht/4057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikigai25.13m (82'5&quot;)JFA Yachts2001">Ikigai</a> blends modern comfort with classic sailing yacht elegance. Her open-plan saloon is bright and welcoming, thanks to skylights, warm wood panelling, neutral furnishings. The open-plan living area features plenty of seating and a stylish space for dining, all enhanced by the sophisticated touch of carefully curated artwork.<img src="https://photo-assets.superyachttimes.com/photo/397107/image/large-2c0b8ccd3c43cb086f91959851441863.jpg" data-gid="gid://syiq/Photo/397107">Spanning 61 GT, accommodation onboard is arranged for up to eight guests, including a spacious owner's stateroom and comfortable guest quarters. Separate accommodation is also provided for a crew of three, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/4057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikigai25.13m (82'5&quot;)JFA Yachts2001">Ikigai</a> is powered by a single <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> engine that delivers a cruising speed of 12 knots.<img src="https://photo-assets.superyachttimes.com/photo/397103/image/large-3f6afa8a9eaa8750001ff18bd06b11cd.jpg" data-gid="gid://syiq/Photo/397103">Prospective buyers will have the opportunity to inspect the yacht during scheduled viewing days in Palma de Mallorca, Spain, taking place on 8 August and 29 August 2026 between 11:00 and 14:00 local time.

25m JFA sailing yacht Ikigai up for auction

 The 25m JFA sailing yacht Ikigai is up for auction with YachtBid and Bright Auctions, with bidding set to take place from 24 to 31 August 2026.

 25m JFA sailing yacht Ikigai up for auction

The Croatian shipyard <a data-gid="gid://syiq/Company/4318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brodosplit Inc. (Company)">Brodosplit</a> has announced that it will start building two vessels, which have a combined value exceeding €200,000,000. <img src="https://photo-assets.superyachttimes.com/photo/216173/image/large-be161a409884dfe53d8f90d6e0a24cf1.jpeg" data-gid="gid://syiq/Photo/216173">It has been confirmed that one of the vessels will be a 110-metre expedition cruise ship capable of navigating arctic climates. Dino Donjerković, <a data-gid="gid://syiq/Company/4318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brodosplit Inc. (Company)">Brodosplit</a>’s sales director, shared the news with a Croatian media outlet earlier this month, adding that she’ll be able to accommodate up to 152 passengers alongside 111 crew members.The second yacht to be built at the yard will be approximately 125-metre sailing yacht for private ownership, and designed to accommodate 12 guests alongside a 50 strong crew. This will be the largest superyacht to be built at the Croatian shipyard, and the third largest sailing yacht in the world.<img src="https://photo-assets.superyachttimes.com/photo/69891/image/large-7843d165e5aacb9087a77d6cf00262b4.jpg" data-gid="gid://syiq/Photo/69891">As it stands, <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a>’s <a data-gid="gid://syiq/Yacht/4450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sailing Yacht A142.81m (468'6&quot;)Nobiskrug2017">Sailing Yacht A</a> is the world's largest with a length of 142.81-metres. Followed by the all-new 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">Oceanco Y721</a>, scheduled for delivery later this year. <a data-gid="gid://syiq/Company/4318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brodosplit Inc. (Company)">Brodosplit</a> will then supersede the charismatic and emblematic <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> 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>.<img src="https://photo-assets.superyachttimes.com/photo/73477/image/large-c07b142a956e019b98afd0f162227290.jpg" data-gid="gid://syiq/Photo/73477"> <img src="https://photo-assets.superyachttimes.com/photo/82990/image/large-15289a7de69ad0d0cea0c7a5ce2ede6f.jpeg" data-gid="gid://syiq/Photo/82990"><a data-gid="gid://syiq/Company/4318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brodosplit Inc. (Company)">Brodosplit</a> has floated three superyachts to date: the 60-metre motor yacht <a data-gid="gid://syiq/Yacht/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caspian Star60.0m (196'10&quot;)Brodosplit Inc.2012">Caspian Star</a>, launched in 2012. Three years later, <a data-gid="gid://syiq/Yacht/5555" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Katina60.0m (196'10&quot;)Brodosplit Inc.2015">Katina</a> another 60-metre motor yacht was launched from its facilities, and then in 2017 the 46-metre sailing yacht <a data-gid="gid://syiq/Yacht/7513" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aiaxaia46.0m (150'11&quot;)Brodosplit Inc.2017">Aiaxaia</a> made her first splash.<img src="https://photo-assets.superyachttimes.com/photo/22955/image/large-c3b3d76d16f89d9e9deb0b3d532378f3.jpg" data-gid="gid://syiq/Photo/22955"><img src="https://photo-assets.superyachttimes.com/photo/200251/image/large-6f2ccf2f97afe9466d82d97208700582.jpg" data-gid="gid://syiq/Photo/200251"><img src="https://photo-assets.superyachttimes.com/photo/200250/image/large-2d6997ef6c34f624888894a4e177bfbd.jpg" data-gid="gid://syiq/Photo/200250"><img src="https://photo-assets.superyachttimes.com/photo/200248/image/large-8f127bf84c1404a4b7eff3e03ae08977.jpg" data-gid="gid://syiq/Photo/200248">Even though this will be the largest superyacht to be built and launched from the facilities, <a data-gid="gid://syiq/Company/4318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brodosplit Inc. (Company)">Brodosplit</a> is well versed in builds of this size. Not only does it construct vessels for military and commercial use, but numerous cruise ships have also been built at the yard. Only last year it completed the 128-metre Ultramarine, which can accommodate up to 199 guests, &nbsp;two helicopters and heaps of amenities. She was sold to Quark Expeditions for an estimated €100,000,000.<img src="https://photo-assets.superyachttimes.com/photo/216164/image/large-5587f0e0adb3f3adede0f5b2434f4573.jpeg" data-gid="gid://syiq/Photo/216164">Broadship also makes claim to have built the largest sailing vessel with cross sails to date: Golden Horizon. She comes in with a 162-metre length and an 18.5-metre beam, and has five masts with 36 cross sails. The largest mast is 63-metres high and weighs 24 tonnes. She can accommodate as many as 272 passengers and is said to have a 10 knots cruising speed. <img src="https://photo-assets.superyachttimes.com/photo/199471/image/large-35a067ec60e9cd74ed9a01a76d4f9c47.jpg" data-gid="gid://syiq/Photo/199471"><a data-gid="gid://syiq/Company/4318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Brodosplit Inc. (Company)">Brodosplit</a> is also currently working with the US-based company Storylines, to build a residential superyacht – <a data-gid="gid://syiq/Article/53260" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="World's largest yacht or not? A close-up of the rise in residential 'superyachts' (2021-06-28 15:45:00 +0200)">which doesn’t fit under the remit of being classified as a superyacht</a>, per se – to a design by <a data-gid="gid://syiq/Company/809" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tillberg Design of Sweden (Company)">Tillberg Design of Sweden</a>. Narrative, as the residential yacht has been christened, comes in at a whopping 226-metres in length and will host a collection of residential apartments. She has a splay of 17 decks, three pools and more than 20 bars and dining options.<img src="https://photo-assets.superyachttimes.com/photo/199473/image/large-0de54058aa8a4c39f0e90ecdfe393629.jpeg" data-gid="gid://syiq/Photo/199473"><img src="https://photo-assets.superyachttimes.com/photo/199472/image/large-4a1a776246409ac9d98044ea03ceebe2.jpg" data-gid="gid://syiq/Photo/199472">More news on the construction of this all-new 125-metre superyacht to follow.

Brodosplit signs contract for 125m sailing yacht 

The Croatian shipyard Brodosplit has announced that it will start building a sailing yacht approximately 125m in length. 

Brodosplit signs contract for 125m sailing yacht – the third largest in the world

<a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> has signed a strategic partnership agreement with Zhongying Int’l Holding Group Ltd. The Chinese shipbuilder now owns all the shares of the Dutch shipyard and will finance a large expansion. Daan Balk, CEO of <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, has confirmed that he will remain at the helm of things, and that <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> will increase their presence in Asia, as they will support and train the teams at Zhongying’s forthcoming shipyard which will be located in Hainan, China. <img src="https://photo-assets.superyachttimes.com/photo/37064/image/large-a87b0d4795925b80b04cc9a95838d24a.jpg" data-gid="gid://syiq/Photo/37064">The agreement comes out of the significant growth in the superyacht market, and has been in the pipeline for a couple of years now. The European shipyard has outgrown its niche of refitting and maintaining yachts in the 30-40 metre range as its clients are continually asking for the same esteemed quality the shipyard is known for with larger projects. In 2004, it moved its facilities from Elburg to Urk to cater to this growing demand; however, Urk can only accommodate yachts up to around 67 metres in length.“The decision was an emotional one as <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> has been a family-run business for seven generations now, and one which has been in continual operation for 224 years. But with the industry performing as well as it is, we need to look at how we can grow and this partnership with Zhongying is an exciting opportunity for <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>” Daan Balk commented in an exclusive interview with SuperYacht Times.<img src="https://photo-assets.superyachttimes.com/photo/167327/image/large-6cbb962bb4bb9fd00ed01ec06bf867a4.jpg" data-gid="gid://syiq/Photo/167327">The shipyard has&nbsp;purchased an area of land near Urk in the Netherlands, which is twice the size of its current facility, and will be able to accommodate yachts up to 80 metres in length. <img src="https://photo-assets.superyachttimes.com/photo/167326/image/large-24354b8ea4c90353aeeb4e2b1740e1c9.jpg" data-gid="gid://syiq/Photo/167326">“We are proud of this new partnership and look forward to growing with Zhongying and having more of a presence in the Asian market. The expansion at Urk will also mean that we can continue to provide the services to our existing and new clients who are asking for larger yachts than before,” Daan Balk concluded.Under the Zhongying Int’l Holding Group's umbrella is the shipbuilder <a data-gid="gid://syiq/Company/4788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jinlong Mega Yacht (Company)">Jinlong Mega Yachts</a>, who'll now be working closely with the <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>. <a data-gid="gid://syiq/Company/4788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jinlong Mega Yacht (Company)">Jinlong Mega Yachts</a> and <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyards</a> have been in correspondence for some time now, with Daan Balk visiting the Chinese shipyard in January 2020.&nbsp;<a data-gid="gid://syiq/Company/4788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jinlong Mega Yacht (Company)">Jinlong</a> is in motion to become a major player in the Asian superyacht market. To date, <a data-gid="gid://syiq/Company/4788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jinlong Mega Yacht (Company)">Jinlong</a> has delivered one 34.4-metre sailing yacht and three 46.48-metre motor yachts, one of which was <a data-gid="gid://syiq/Article/50126" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jackie Chan’s new 46m superyacht launched in China (2019-07-12 10:15:00 +0200)">commissioned by martial artist and actor Jackie Chan</a>. Its motor yacht line is proving to be wildly popular as it has a further two in-build. With this new strategic partnership with <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a>, we can expect quick growth from <a data-gid="gid://syiq/Company/4788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jinlong Mega Yacht (Company)">Jinlong</a>.

Balk Shipyard signs partnership with Zhongying

Balk Shipyard has signed a strategic partnership agreement with Zhongying Int’l Holding Group Ltd. 

Balk Shipyard sold to Chinese investors to finance growth in the European and Asian markets

It has just been announced over German media that the shipyard <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a> filed for Bankruptcy today. The filing, which is tied to the Genting Group that owns both MV Werften and <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a>, will impact more than 300 employees and trainees that are currently employed by the company. <img src="https://photo-assets.superyachttimes.com/photo/187919/image/large-a57b186dd13f9b0328662ebc98cc0f8f.jpg" data-gid="gid://syiq/Photo/187919">The media outlet NDR&nbsp;reported that there have been potential buyers for the <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a> shipyard for a long time and that Bremerhaven steel construction company Rönner has already expressed an interest in the shipyard. The local district court has appointed Hamburg-based lawyer Per Hendrik Heerma as insolvency administrator for the <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd shipyard</a>, which was founded in 1857.<img src="https://photo-assets.superyachttimes.com/photo/187380/image/large-f54db056a4877c944ffc50fbb54eefab.jpg" data-gid="gid://syiq/Photo/187380">The cruise division of the Genting Group which manages both MV Werften and <a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a>, has been in financial difficulty as a result of the Coronavirus pandemic. The financing of the €1.5 billion cruise ship project at MV Werften, project Global Dream, which is 75% complete, is now no longer guaranteed. MV Werften also filed for bankruptcy on the 10th January, threatening the jobs of almost 2,000 employees.<img src="https://photo-assets.superyachttimes.com/photo/190904/image/large-5a9d21e4925c1876f1e01713a873ab52.jpg" data-gid="gid://syiq/Photo/190904"><a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a> completed the build of the 139-metre superyacht <a data-gid="gid://syiq/Yacht/6847" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solaris139.7m (458'4&quot;)Lloyd Werft2021">Solaris</a> in 2021, <a data-gid="gid://syiq/Article/54375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The top 10 biggest superyachts launched in 2021 (2022-01-07 15:00:00 +0100)">she was the largest superyacht to have been launched last year</a> and is highly distinctive for the wrap-around archway that envelops her superstructure.

Lloyd Werft Shipyard bankruptcy

It has just been announced on German media that Lloyd-Werft Shipyard bankruptcy declared.

Lloyd Werft Shipyard files for bankruptcy

International design studio <a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sturge & Toth (Company)">STURGE &amp; TOTH</a> has unveiled the Gladius superyacht range. Its name derives from one of the fastest fish in the oceans, the swordfish, whilst its exterior design focuses on elegant curves, sculpted surfaces and sharp edges that reflect the striking power of ancient royal swords. As multiple exterior and interior features have already gained client interest, early development visuals have been disclosed, to spark imagination on what its future owners may bring to life. <img src="https://photo-assets.superyachttimes.com/photo/216462/image/large-0466645b5e4535b0706f0373c4a78369.jpg" data-gid="gid://syiq/Photo/216462">The range will offer three different platforms, a 43-metre, a 62-metre and a 74-metre, all of which feature the unique upper and sundeck design that is central to the concept. The upper decks are essentially expanses of smooth glass geometries sculpted around an elegant aluminium space frame that offers unparalleled views and high ceilings to the yacht's owner. <img src="https://photo-assets.superyachttimes.com/photo/216460/image/large-bf3343fcee34b6507437db9a8de8801d.jpg" data-gid="gid://syiq/Photo/216460"><a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sturge & Toth (Company)">S&amp;T</a> Co founder Toby Sturge commented, “The larger vessels of the range include options of split deck layouts at the upper deck, where Loft like interiors translate into a concentric gallery overlooking the bridge and main deck lounge where an almost free floating bridge connects straight forward to the spacious master cabin and grandmaster office space."<img src="https://photo-assets.superyachttimes.com/photo/216464/image/large-feda35630a5fffe6ab19db5814196761.jpg" data-gid="gid://syiq/Photo/216464">Max Bulley from the <a href="http://y.co/" target="_blank">Y.CO</a> sales team says, “We are fortunate to be working with some of the most forward-thinking yacht owners and among our client base we’ve noticed a definite demand for yachts that depart from vast multi-deck designs to more intimate guest living, with integration of outside living spaces and free-flowing natural ventilation, bringing yachting back to a means of connectedness with loved ones, and with the ocean as well. The Gladius range from <a data-gid="gid://syiq/Company/6603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sturge & Toth (Company)">STURGE &amp; TOTH</a>, with its wide open spaces, impressive beach club area and intelligent layout captures everything that the modern superyacht owner is looking for and resonates strongly with our clients.“<img src="https://photo-assets.superyachttimes.com/photo/216458/image/large-1422acee6538cda76a699b7ff06685d8.jpg" data-gid="gid://syiq/Photo/216458">Internally the range features high ceilings throughout, with views up and down between decks, permitted by cut out areas fitted with fibre optic and glass. Brushed natural wood, soft woven silk and polished stainless steel combined with digital elements dominate the interior surfaces, lending the vessel a futuristic and highly contemporary style.<img src="https://photo-assets.superyachttimes.com/photo/216463/image/large-bc8410682c0b475d7320a59a00b4e621.jpg" data-gid="gid://syiq/Photo/216463">“The Gladius Range will offer smart solutions for young, active owners and elevate the aspects of remote working and cross generational entertainment to a new level. We have translated some bold requirements into feasible solutions for intelligent living spaces with built in infotainment modules and some innovative furniture concepts featuring virtual components that enable some highly practical, yet very unusual general arrangement details throughout,“ adds S&amp;T Co-founder Ben Julian Toth.<img src="https://photo-assets.superyachttimes.com/photo/216461/image/large-ff9fb4b7732775889b4d67cc8d38bb69.jpg" data-gid="gid://syiq/Photo/216461">

Sturge and Toth Design unveil the Gladius superyacht range

Design studio  STURGE & TOTH has unveiled the Gladius superyacht range with SYT.

STURGE & TOTH unveil the Gladius superyacht range

<a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> chairman Marcello Maggi has announced the company is planning to invest up to €20 million to develop a new construction facility in Fano on Italy’s Adriatic coast. The news comes after W-Fin, a Luxembourg financial group led by Maggi, reacquired 100% ownership 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>, and Fabio Fraternale, whose previous experience includes spells with the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> and Itama brands, was appointed CEO.<img src="https://photo-assets.superyachttimes.com/photo/215699/image/large-a762393dec91df54d32fb2011c29bd1c.jpg" data-gid="gid://syiq/Photo/215699">"Glass and wood will make the new Wider shipyard an icon of the city,” says Maggi. “It will employ up to 400 people and be based on the model of Silicon Valley as a reference point for students and start-ups to bring new jobs and new business to Fano. We are a shipyard that is investing in new technologies and we want to start collaborating with universities in the Marche region."<img src="https://photo-assets.superyachttimes.com/photo/91074/image/large-1b17518824ed33a63747ad6aed92dea6.jpg" data-gid="gid://syiq/Photo/91074">If all goes according to plan, <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> is hoping to begin building work by the summer on a disused dockside plot of 11,000 square metres it is in process of procuring. Final planning permission, however, is dependent on the height and footprint of the facility as well as public access to the so-called Passeggiata del Lisippo along the shoreline.“We already have permission to build up to 16 metres in height on the land we’re acquiring, but ideally we want the construction hall to be 24 metres so we can build a 70 or 80-metre yacht completely inside, including the mast,” say Maggi. “As a compromise we’ve proposed a building that is taller but has a smaller footprint of 8,000 square metres.”<img src="https://photo-assets.superyachttimes.com/photo/215701/image/large-2023ab814db448215d5cc0a6042c4f77.jpg" data-gid="gid://syiq/Photo/215701">Another potential limitation is the depth of the water, which averages 1.8 metres, for launching operations. <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 invested in a study by a specialist engineering firm and plans to increase the dockside depth up to six metres, but in the meantime it can load larger superyachts onto a barge for launching in deeper water.The existing <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> shipyard in Ancona remains operational and there are plans to build smaller custom projects in steel and aluminium there, as well a new line of solar-powered hybrid catamarans from 60 to 80 feet in length. The company will present its catamaran projects in February on the occasion of Expo Dubai.<img src="https://photo-assets.superyachttimes.com/photo/215700/image/large-31b98bb2ea78a0b55b7ba1383fe5b6e2.jpg" data-gid="gid://syiq/Photo/215700">“We haven’t been building over the last two years, but we’ve been designing a lot,” says Maggi. “Now the moment has arrived to put all those ideas and plans into practice.”

Wider unveils new shipyard in Fano Italy

The shipyard Wider Yachts has announced plans to expand with €20 million investment in Fano, Italy.

Wider announces plans for new shipyard in Fano

The sale of a new 82-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> superyacht, Project Skyfall, has just been announced. The yacht has been sold by Frank Grzeszczak Sr. - Head of Sales of the Americas for Admiral Yachts and President &amp; Founder of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a>, who will also oversee her build. She is scheduled for delivery in 2025.<img src="https://photo-assets.superyachttimes.com/photo/216427/image/large-1c1e3e899aba9d13bedfdbaf2c07db5b.jpg" data-gid="gid://syiq/Photo/216427">The yacht will feature five decks and host as many as 12 guests between six staterooms. She will also accommodate a crew of 28. The yacht is similar to the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Galileo 80, the renders of which are featured below. <img src="https://photo-assets.superyachttimes.com/photo/216418/image/large-9452d338906bb5ceb7817f3447386164.jpeg" data-gid="gid://syiq/Photo/216418"><img src="https://photo-assets.superyachttimes.com/photo/216419/image/large-d3eb83ec7ba77ecb472f9f0001ee1aad.jpeg" data-gid="gid://syiq/Photo/216419">The yacht has a steel hull and aluminium superstructure and she has a top speed of 16 knots. Frank Grzeszczak Sr. "Head of Sales of the Americas for Admiral Yachts and President &amp; Founder of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> commented, "After an extensive 3 years of shipyard research and searching for a yacht builder to entrust with the creation of his dream yacht, this highly experienced American owner of multiple superyachts finally decided to build with <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>'s <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>. His choice came as a result of <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>'s incredible capability and innovative approach to building, always showcasing its willingness to work with this client to customise the project to make his dream a reality. <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>'s shipyard is unique in many ways, but its superiority is evident once witnessed first hand, being amazed at the automation, precision, cleanliness, and order in the yard."<img src="https://photo-assets.superyachttimes.com/photo/216422/image/large-6d3f88856f50a30c755030f72ad7e026.jpeg" data-gid="gid://syiq/Photo/216422">TISG has revealed that the yacht will have a 13.3-metre beam and will feature a 130 square-metre upper deck dedicated to the owner's suite. In addition she will feature three pools, an underwater cinema lounge and a beach club with gym, spa and massage room.&nbsp;<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> Vice Chairman and CCO, Giuseppe Taranto commented, "The sale of the new 82 metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> marks our entry into the US large yacht market, consolidating <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> position as a key global player in the mega yacht sector. It represents an important milestone confirming the growing esteem of the nautical world for our yachts and our established professionalism."<img src="https://photo-assets.superyachttimes.com/photo/216416/image/large-fd523e1315d418bf43e8ae73a7ca1ab3.jpeg" data-gid="gid://syiq/Photo/216416">

Admiral superyacht Project Skyfall sold

An 82-metre Admiral new-build superyacht Project Skyfall has been sold with 2025 delivery.

New-build 82m Admiral superyacht Project Skyfall has been sold 

<a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a>’ 80-metre motor yacht <a data-gid="gid://syiq/Yacht/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatiana80.0m (262'6&quot;)Bilgin Yachts2020">Tatiana</a> has found herself a new owner after being on the market for 107 days. Leo Jordil from <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a> represented the seller during the negotiations, while it was Alex Krykanyuk from <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> who introduced the buyer. <img src="https://photo-assets.superyachttimes.com/photo/208241/image/large-c4451b23c226eac725c30ac2bd7d7b15.jpg" data-gid="gid://syiq/Photo/208241"><img src="https://photo-assets.superyachttimes.com/photo/183814/image/large-e3b9b340abfef60ec22c37d3ccfea194.jpg" data-gid="gid://syiq/Photo/183814"><a data-gid="gid://syiq/Yacht/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatiana80.0m (262'6&quot;)Bilgin Yachts2020">Tatiana</a> claimed a pedestal following her launch in 2020, as she's one of the largest built by <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> and is the Turkish builder's flagship model. Her exterior and naval architecture were conceived by <a data-gid="gid://syiq/Company/4305" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unique Yacht Design (Company)">Unique Yacht Design</a>, while her interior was styled by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a>. She is also the first hull to be launched from <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a>’ limited 263 series. <img src="https://photo-assets.superyachttimes.com/photo/180654/image/large-938b1ff38a5e91045d2651ae8d0bc91b.jpg" data-gid="gid://syiq/Photo/180654"><img src="https://photo-assets.superyachttimes.com/photo/180653/image/large-a7e62b7d07f2ad5415010c63399a198f.jpg" data-gid="gid://syiq/Photo/180653"><img src="https://photo-assets.superyachttimes.com/photo/180643/image/large-84690d75d18fb93fa821456ca2b9bf92.jpg" data-gid="gid://syiq/Photo/180643"><img src="https://photo-assets.superyachttimes.com/photo/180634/image/large-28e08d8d7a4936f9cdfd035c2b8e20eb.jpg" data-gid="gid://syiq/Photo/180634">Read:&nbsp;<a data-gid="gid://syiq/Article/52047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="On board Bilgin's new 80m yacht Tatiana (2020-11-20 10:00:00 +0100)">On board Bilgin's new 80m yacht Tatiana</a>With an interior volume of 1,689 GT, <a data-gid="gid://syiq/Yacht/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatiana80.0m (262'6&quot;)Bilgin Yachts2020">Tatiana</a> has heaps of space for up to 12 guests alongside her 24-strong crew. She has eight well-appointed staterooms, including a master's suite located on a fully-exclusive deck for the owner’s use. <img src="https://photo-assets.superyachttimes.com/photo/180644/image/large-94262bc7284e7a1e3f288e5fddf35c83.jpg" data-gid="gid://syiq/Photo/180644"><img src="https://photo-assets.superyachttimes.com/photo/180620/image/large-69cdb908a12cfb76f167edb42c06ae40.jpg" data-gid="gid://syiq/Photo/180620"><img src="https://photo-assets.superyachttimes.com/photo/180619/image/large-f01877521c56644db4f6eb4c8190745f.jpg" data-gid="gid://syiq/Photo/180619">Some of her standout features include a 30-foot freshwater swimming pool on the lower deck, a second pool on the main deck with a glass-bottom, and a very generous 1,200 square-foot beach club. <a data-gid="gid://syiq/Yacht/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatiana80.0m (262'6&quot;)Bilgin Yachts2020">Tatiana</a>also features a hammam, a massage room and a wet bar.Read:&nbsp;<a data-gid="gid://syiq/Article/53921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SYT’s rundown of the 20 longest superyachts on the market (2021-10-21 10:15:00 +0200)">SYT’s rundown of the 20 longest superyachts on the market&nbsp;</a><img src="https://photo-assets.superyachttimes.com/photo/180621/image/large-0b17c994eb5873a6e0e5ded4e994ea5f.jpg" data-gid="gid://syiq/Photo/180621"><img src="https://photo-assets.superyachttimes.com/photo/180618/image/large-ce51ae4f2be55c8e23ca0d8cdf8d5f8b.jpg" data-gid="gid://syiq/Photo/180618"><img src="https://photo-assets.superyachttimes.com/photo/180616/image/large-62f0f0aefe7ec6c01589f93b9e58d0f7.jpg" data-gid="gid://syiq/Photo/180616"><img src="https://photo-assets.superyachttimes.com/photo/180615/image/large-2468ad41828250feb2dc3127f69826c2.jpg" data-gid="gid://syiq/Photo/180615"><a data-gid="gid://syiq/Yacht/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatiana80.0m (262'6&quot;)Bilgin Yachts2020">Tatiana</a> is constructed from steel and aluminium and derives power from twin MTU engines that give her a cruising speed of 12 knots and a top speed of 19 knots. <img src="https://photo-assets.superyachttimes.com/photo/180613/image/large-27129bfe543969a42dbbe644e12aff05.jpg" data-gid="gid://syiq/Photo/180613"><img src="https://photo-assets.superyachttimes.com/photo/180605/image/large-8e190de385712e7d7d860873d0c66cbd.jpg" data-gid="gid://syiq/Photo/180605"><img src="https://photo-assets.superyachttimes.com/photo/180603/image/large-d54425c10afb6f72c91e9dbc9aed8c07.jpg" data-gid="gid://syiq/Photo/180603">

Bilgin Yachts’ 80m motor yacht Tatiana sold

Bilgin Yachts’ 80m motor yacht Tatiana has found herself a new owner after being on the market for 107 days. 

Sold: Bilgin Yachts’ 80m Tatiana

The 62-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> superyacht Lumiere has been sold and renamed&nbsp;<a data-gid="gid://syiq/Yacht/512" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sorento62.0m (203'5&quot;)Benetti SpA2010">Sorrento</a> sold in Spain after just under one year on the market. The superyacht was sold by Michael Mahan and Shannon McCoy of <a data-gid="gid://syiq/Company/2529" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Worth Avenue Yachts (Company)">Worth Avenue Yachts</a> on behalf of the seller, in collaboration with <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a>'s Vice President, Frank Grzeszczak. The buyer was represented by Jim Evans of <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a>.<img src="https://photo-assets.superyachttimes.com/photo/16438/image/large-76bb2455d72ca9f7964a363c47f9d70b.jpg" data-gid="gid://syiq/Photo/16438">The superyacht was launched in 2010 but recently underwent a refit in 2020 leaving her in good condition for her new owner. Designed externally by <a data-gid="gid://syiq/Company/245" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Natucci (Company)">Stefano Natucci</a>, the yacht has a distinctive exterior with a sharp bow and large mast on the foredeck.<img src="https://photo-assets.superyachttimes.com/photo/16441/image/large-6efab0734257b84b932a5096d6656858.jpg" data-gid="gid://syiq/Photo/16441"><img src="https://photo-assets.superyachttimes.com/photo/16444/image/large-e9f8df301be0a3ee3a4ca7f94451d443.jpg" data-gid="gid://syiq/Photo/16444">Her interior comes from the boards 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 S.r.l.</a> and is defined by the use of a gold and black colour palette with cream furnishings that give the interior a rich and luxurious aesthetic. She can accommodate as many as 12 guests between six staterooms, including one main deck master, one VIP, three doubles and two pullman beds. <img src="https://photo-assets.superyachttimes.com/photo/16443/image/large-af2acb168dd3f1ca67751f5e5ecbb96e.jpg" data-gid="gid://syiq/Photo/16443"><img src="https://photo-assets.superyachttimes.com/photo/16446/image/large-3a5a3463037a9b15d590d4494baae9e2.jpg" data-gid="gid://syiq/Photo/16446">The yacht has a top speed of 16 knots and she had a last known asking price of $34,000,000. <a href="http://www.mailchimp.com/email-referral/?utm_source=freemium_newsletter&amp;utm_medium=email&amp;utm_campaign=referral_marketing&amp;aid=d49cbc2fa427939ddc248b6ea&amp;afl=1" target="_blank"></a>

Benetti 62m superyacht Sorento sold

The 62m Benetti superyacht Sorento sold with a last known asking price of $34,000,000.

The 62m Benetti superyacht Lumiere has been sold

<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> has just announced the sale of another 55.2-metre <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> S-Force superyacht. <a data-gid="gid://syiq/Article/54311" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral 55m S-Force superyacht Project 600 sold (2021-12-20 15:45:00 +0100)">The news comes less than a month after the company announced the sale of Project 600</a>, another of the series. The sale of the yacht was concluded by <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a> broker Jean-Claude Carme on behalf of the buyer. She is scheduled for delivery in 2023.<img src="https://photo-assets.superyachttimes.com/photo/192694/image/large-3494bdd20a58907ccedd745e46bc2913.jpg" data-gid="gid://syiq/Photo/192694">The aluminium superyacht features naval architecture from <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, who also penned her exterior and interior design. Spread across three decks the yacht can accommodate as many as 12 guests between six staterooms, including a master suite, one VIP and two doubles. She also accommodates 11 members of crew.<img src="https://photo-assets.superyachttimes.com/photo/215618/image/large-cbaab3e4a7999f2809dac4202f958c6e.jpg" data-gid="gid://syiq/Photo/215618">The series features a large beach club which has glazed sides, protecting her guests from the elements an creating a private setting where they can enjoy time on the water. Her sundeck is connected to her interiors via sliding glass doors, creating a synergy between the interior and exterior volumes.<img src="https://photo-assets.superyachttimes.com/photo/215617/image/large-abd4564af024a6f0f6519b20dba9477a.jpg" data-gid="gid://syiq/Photo/215617">Giuseppe Taranto, Vice Chairman &amp; CCO 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> commented, "The sale of this new 55-metre Admiral confirms the appreciation of the market for our super yachts and represents a further demonstration of the effectiveness of the path we have undertaken. In a market that is growing again, The Italian Sea Group wants to continue to be one of the main players in the world. This is possible not only because of the important reputation of our company but also because of the high-quality profile of our ships, which is recognised worldwide".&nbsp;The S-Force series has a top speed of 18 knots and a cruising speed of 16.5 knots.

Admiral 55m S-Force has been sold

TISG has announced the sale of a 55m Admiral S-Force superyacht.

Another Admiral 55m S-Force has been sold

<a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Overmarine Group SPA (Company)">Overmarine Group</a> has announced the sale of another 44.47-metre Mangusta Oceano 44 motor yacht. The buyer was represented by Alejandro Javier Navarro 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>. The 467 GT superyacht is due to be delivered in 2023.<img src="https://photo-assets.superyachttimes.com/photo/200993/image/large-3e45d7d947bff32e43ae6954bf6456ce.jpg" data-gid="gid://syiq/Photo/200993">Originally started on speculation, the yacht features exterior and interior design from <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>. Her exterior is characterised by a three deck layout, and top features include a large pool on the foredeck with sunpads in the centre. This large deck, which is protected by high bulwarks, also features a comfortable seating area and tables. Her naval architecture has been penned 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>.<img src="https://photo-assets.superyachttimes.com/photo/200994/image/large-77e3161c1716b22091d9f9eea7d9b559.jpg" data-gid="gid://syiq/Photo/200994"><img src="https://photo-assets.superyachttimes.com/photo/200992/image/large-441eef868e96805b8dbe63690ff62f72.jpg" data-gid="gid://syiq/Photo/200992">The interior is large and spacious, with the large floor-to-ceiling windows filling the lightly toned interior with light. The main saloon features mirrored L-shaped sofas to the aft, with a large dining table for as many as 10 guests amidships. The vessel can accommodate as many as 12 guests between her six staterooms.<img src="https://photo-assets.superyachttimes.com/photo/200996/image/large-becf11f95b4dffc15134bbefdfecaed1.jpg" data-gid="gid://syiq/Photo/200996">The yacht has a top speed of 16 knots and a cruising speed of 11 knots.<img src="https://photo-assets.superyachttimes.com/photo/200995/image/large-5156884507c5ba9a43e7a5e976745c83.jpg" data-gid="gid://syiq/Photo/200995">

New-build Mangusta Oceano 44 sold

A new-build 44.47m Mangusta Oceano 44 has been sold by Overmarine Group.

New-build Mangusta Oceano 44 has been sold

This morning <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> launched their first yacht of 2022 from their facility in Amsterdam, the 71.10-metre <a data-gid="gid://syiq/Yacht/7546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Juice70.92m (232'8&quot;)Feadship2022">Juice</a>, formerly known under her build number 820.<img src="https://photo-assets.superyachttimes.com/photo/215754/image/large-16f2ac4e6f51aa7517fafea60e2a0a54.jpg" data-gid="gid://syiq/Photo/215754"><img src="https://photo-assets.superyachttimes.com/photo/215778/image/large-baf4befebfb76ef29801ab122dd3035f.jpeg" data-gid="gid://syiq/Photo/215778"><img src="https://photo-assets.superyachttimes.com/photo/215777/image/large-39caa4df87a7c32538a70617112f19b9.jpeg" data-gid="gid://syiq/Photo/215777">The exterior lines of <a data-gid="gid://syiq/Yacht/7546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Juice70.92m (232'8&quot;)Feadship2022">Juice</a> are from the drawing board of British design studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, while her naval architecture was penned by <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/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>. Both of whom worked closely with the owner to conceive a design that is elegant, masculine and in strict harmony across all deck spaces. Polished stainless steel was the choice material for all structural areas, including the pillars, stairs and base of the eight-metre pool, located on the main deck. <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> also made great use of glass.<img src="https://photo-assets.superyachttimes.com/photo/215776/image/large-10221a92c652c7ea3cdff83213cd2c50.jpeg" data-gid="gid://syiq/Photo/215776"><a data-gid="gid://syiq/Company/1107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peter Marino (Company)"><img src="https://photo-assets.superyachttimes.com/photo/215753/image/large-84e661ca41dcb76f5d50f769f4bb5907.jpg" data-gid="gid://syiq/Photo/215753">Peter Marino</a> headed her interior design and configured her with five staterooms: a complete owner's deck, between the bridge and main deck, and four further guest suites on the main deck.&nbsp;<a data-gid="gid://syiq/Yacht/7546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Juice71.1m (233'3&quot;)Feadship2022">Juice</a>'s other standout features include a large beach club, a lower deck cinema and a gym on her sundeck. This displacement motor yacht has approximately 1,550 gross tonnes, space enough to comfortably accommodate up to 10 guests alongside 24 crew members. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215775/image/large-b491e977f586ad68026dc5b0432cbcfc.jpeg" data-gid="gid://syiq/Photo/215775">Those familiar with the art scene may recognise the inspiration for her naming and logo. The owner opted for "<a data-gid="gid://syiq/Yacht/7546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Juice71.1m (233'3&quot;)Feadship2022">Juice</a>" to reference the expression "juice on top", which comes out of the auction houses, and which has a similar meaning to "icing on the cake". While her 3D logo pays tribute to the eponymous 1967 work by American artist Ed Ruscha. <img src="https://photo-assets.superyachttimes.com/photo/215751/image/large-669dce22464423c4c0b0f3056bc76e80.jpg" data-gid="gid://syiq/Photo/215751"><img src="https://photo-assets.superyachttimes.com/photo/215752/image/large-d93df2a8b312ebd8d9315a07c9db721b.jpg" data-gid="gid://syiq/Photo/215752">Superyacht <a data-gid="gid://syiq/Yacht/7546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Juice70.92m (232'8&quot;)Feadship2022">Juice</a> has a steel hull with an aluminium superstructure and her top deck is built out of composite. <img src="https://photo-assets.superyachttimes.com/photo/215784/image/large-773de4f50d5458f64f48a179a348f770.jpeg" data-gid="gid://syiq/Photo/215784"><img src="https://photo-assets.superyachttimes.com/photo/215783/image/large-89c6f9be0333815a7677e45fe68918c8.jpeg" data-gid="gid://syiq/Photo/215783">

71m Juice yacht launched by Feadship

The 71m Juice yacht was launched by Feadship in Amsterdam this morning.

Exclusive: 71m Feadship yacht Juice launched

The hull of the 73.6-metre Bilgin 243 superyacht has been launched at <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> in Turkey. The yacht, which is due to be delivered in 2024, features exterior design from <a href="https://sya.superyachttimes.com/companies/unique-yacht-design" target="_blank">Unique Yacht Design</a>, who have also penned her naval architecture.<iframe width="640" height="360" src="https://www.youtube.com/embed/iC8fQdR1y8w?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>Bilgin 243 has been built in Yalova on speculation, at <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a>' steel and aluminium construction facility. Following her launch she was transported to the shipyards West Istanbul Marina for outfitting.<img src="https://photo-assets.superyachttimes.com/photo/215685/image/large-57a2f649b9f5e777248b6e7574d57126.jpg" data-gid="gid://syiq/Photo/215685"> <img src="https://photo-assets.superyachttimes.com/photo/215688/image/large-942028a4015c49f1137e030ba427bd07.jpg" data-gid="gid://syiq/Photo/215688">Featuring a similar layout to the 80-metre <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yacht</a> <a data-gid="gid://syiq/Yacht/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatiana80.0m (262'6&quot;)Bilgin Yachts2020">Tatiana</a>,<a data-gid="gid://syiq/Article/50996" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Largest Bilgin Yachts launch: 80m superyacht Tatiana (2020-02-21 14:00:00 +0100)">&nbsp;which was launched in 2020</a>, Bilgin 243 has a five deck arrangement across 1,607 GT, offering plentiful space for her 16 guests to enjoy. Her seven staterooms include a large and private owner's suite in the forward part of the main deck with deck and Jacuzzi. She also has two main deck VIPs, while all additional staterooms are situated on the lower deck. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215687/image/large-3e383949de1afdcaf78d14962af0c676.jpg" data-gid="gid://syiq/Photo/215687">Emrecan Özgün, CEO and the Founder of <a data-gid="gid://syiq/Company/4305" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unique Yacht Design (Company)">Unique Yacht Design</a>, describes the superyacht as a very special project to them. He says, “We designed <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a> 74m focusing on the large, spacious structures that characterise a boat of this size, trying to develop them to perfection, rather than trying to fit ‘a little bit of everything’. The result was a great balance between interior and exterior living spaces, pleasing, large and sporty, but not tiring.”<img src="https://photo-assets.superyachttimes.com/photo/215686/image/large-f28e237b8d345d5c2ada025b9eb35686.jpg" data-gid="gid://syiq/Photo/215686">Other top features include her 50 square-metre beach club, bar and lounge areas, gym, sauna and large tender garage. In terms of performance, she will be powered by twin 1,920 kilowatt engines to a top speed of 17 knots, in addition she will have an impressive 5,000 nautical mile range at 12 knots.<img src="https://photo-assets.superyachttimes.com/photo/215684/image/large-79321937b2e27ccaf0fc92ec8acccef0.jpg" data-gid="gid://syiq/Photo/215684"><a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a>’s CEO Ismail Şengün commented, "The technical launch and design of Bilgin 243 proved a complete success for the whole <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a> team. We are very happy and proud of starting the year with a big splash.”&nbsp;

Technical launch of Bilgin 243 superyacht

The 74m Bilgin 243 superyacht has had her technical launch in Turkey.

Technical launch for Bilgin Yachts' 74m Project 243

&nbsp;This morning, <a data-gid="gid://syiq/Company/5058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scheepswerf Slob (Company)">Scheepswerf Slob</a> launched the completed hull and superstructure of <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>'s all-new 67.4-metre Project 823 from its facilities in Papendrecht.<img src="https://photo-assets.superyachttimes.com/photo/215925/image/large-1fa57cc209ee2dd2367e93d9bb19136b.jpeg" data-gid="gid://syiq/Photo/215925"><a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>'s Project 823 will soon be moved to shipbuilder's outfitting facility on Kaag island. The 67.4-metre Project 823 is due for delivery in 2023.<img src="https://photo-assets.superyachttimes.com/photo/215926/image/large-145b02e16902048e240f38c66217c8bc.jpeg" data-gid="gid://syiq/Photo/215926">Notably, the technical launch of project 823 follows hot on the heels of the <a data-gid="gid://syiq/Article/54431" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Exclusive: 71m Feadship yacht Juice launched (2022-01-16 11:00:00 +0100)">launch of Feadship's new 71.1-metre motor yacht</a> <a data-gid="gid://syiq/Yacht/7546" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Juice71.1m (233'3&quot;)Feadship2022">Juice</a>.

67m Feadship Project 823 launched

Scheepswerf Slob launched the completed hull and superstructure of the 67.4-metre Feadship Project 823 in Papendrecht.

Hull of new 67m Feadship Project 823 launched

The 62-metre <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN Spa (Company)">CRN</a> superyacht <a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rio62.0m (203'5&quot;)CRN Spa2022">Rio</a> has been launched in Italy in a private ceremony. Previously known as Project C138, the 1,140 GT superyacht features exterior design from <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>, while her interiors come from the boards of <a data-gid="gid://syiq/Company/4774" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pulina Exclusive Interiors (Company)">Pulina Exclusive Interiors</a>.<img src="https://photo-assets.superyachttimes.com/photo/215750/image/large-cd8d3b3591d0050cb90e0f307df1ce8e.jpeg" data-gid="gid://syiq/Photo/215750"><a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rio62.0m (203'5&quot;)CRN Spa2022">Rio</a> was sold by Alex Heyes &amp; David Westwood of <a data-gid="gid://syiq/Company/4547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TWW Yachts (Company)">TWW Yachts</a>. The yacht has a four-deck layout and features an 11.2-metre beam, offering her 12 guests plenty of space for enjoying time on the water. <img src="https://photo-assets.superyachttimes.com/photo/215763/image/large-4b41f7e4034061720e42fc73659f6a29.jpg" data-gid="gid://syiq/Photo/215763">Her five large staterooms, not including her owner's suite, are comprised of a full-beam VIP on the main deck, another on the lower, and three staterooms – two doubles and a twin – also on the lower deck. An elevator services all decks.<img src="https://photo-assets.superyachttimes.com/photo/215756/image/large-ba0a3fa410475fd9ee9c9e115e71db48.jpg" data-gid="gid://syiq/Photo/215756"><a data-gid="gid://syiq/Yacht/7207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rio62.0m (203'5&quot;)CRN Spa2022">Rio</a> has been designed as a family cruiser, with top features including a large gym, wellness area, beach club and exclusive owner's deck.<img src="https://photo-assets.superyachttimes.com/photo/215758/image/large-72e6eb6c2eb279144ce556779c4cd16e.jpg" data-gid="gid://syiq/Photo/215758"><img src="https://photo-assets.superyachttimes.com/photo/215760/image/large-3920fe96124893aa99db1e37ef5b8b1f.jpg" data-gid="gid://syiq/Photo/215760">

CRN launches 62m superyacht Rio

The 62m CRN superyacht Rio launched in Italy by the Ferretti Group.

The 43.1-metre <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> yacht <a data-gid="gid://syiq/Yacht/8242" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acala43.1m (141'5&quot;)Cantiere delle Marche (CdM)2022">Acala</a> has been launched in Italy. Commissioned by a repeat client who previously owned a Darwin 102, the yacht has been built to the owner's specifications with the aim of international cruising. <img src="https://photo-assets.superyachttimes.com/photo/216510/image/large-a0d443ee13c5fadfdd8999f6f8244da0.jpg" data-gid="gid://syiq/Photo/216510">The yacht is the first example of the shipyards collaboration with <a data-gid="gid://syiq/Company/4364" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horacio Bozzo Design (Company)">Horacio Bozzo Design</a> who penned her exterior lines. Her interior has been penned by Mexican architect Simon Hamui, while her naval architecture comes from the boards of <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec S.r.l. (Company)">Hydro Tec S.r.l.</a>.<img src="https://photo-assets.superyachttimes.com/photo/216511/image/large-ff6c92320cb968b5a150fac9bdaadd5e.jpg" data-gid="gid://syiq/Photo/216511">The yacht is spread across three decks, as well as a sundeck and the yacht can accommodate as many as 12 guests between six ensuite staterooms. The master suite is on the main deck, where the forward part of the yacht is dedicated to the owner and family. There are also three VIP suites, while two twins are located on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/216509/image/large-de31d248cc28a6346dbddb7e747868eb.jpg" data-gid="gid://syiq/Photo/216509">The social spaces include the main deck saloon, as well as a panoramic sky lounge on the upper deck where the dining area is location. The large sundeck features a cockpit, pool and lounge area.<img src="https://photo-assets.superyachttimes.com/photo/216512/image/large-7e14b1bea096eb94a4915b98d8d1f4c2.jpg" data-gid="gid://syiq/Photo/216512">She has twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> C32 Acert engines of 746kW each, and a range of above 5,000 nautical miles at 10 knots and a top speed of 14 knots.

CdM launched motor yacht Acala

The 43m CdM motor yacht Acala launched this morning in Italy.

Cantiere delle Marche launches 43m Acala

<a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman</a> has launched the all-new Holterman X-Treme 105 <a data-gid="gid://syiq/Yacht/9148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Fleur32.65m (107'1&quot;)Holterman Shipyard2022">Lady Fleur</a>. The 32.65-metre motor yacht made its first splash in the waters surrounding the <a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman Shipyard</a> in Meppel, the Netherlands. <img src="https://photo-assets.superyachttimes.com/photo/216397/image/large-7cf68fbfe1b8cd47c30e84bc9f9c05a7.jpg" data-gid="gid://syiq/Photo/216397"><img src="https://photo-assets.superyachttimes.com/photo/216388/image/large-fea74218b36d939c61e44fcb68db21c3.jpg" data-gid="gid://syiq/Photo/216388"><img src="https://photo-assets.superyachttimes.com/photo/216398/image/large-5b47659157d2174d4e4dbec99ab64e19.jpg" data-gid="gid://syiq/Photo/216398"><img src="https://photo-assets.superyachttimes.com/photo/216394/image/large-bc0f0941cb82f6ae5dbdb85735b06c40.jpg" data-gid="gid://syiq/Photo/216394"> <a data-gid="gid://syiq/Yacht/9148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Fleur32.65m (107'1&quot;)Holterman Shipyard2022">Lady Fleur</a> is a true work of collaboration. She features an exterior design penned by <a data-gid="gid://syiq/Company/4789" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernd Weel Design (Company)">Bernd Weel Design</a>, an interior styled by <a data-gid="gid://syiq/Company/5697" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trimm Design (Company)">Trimm Design</a> and a naval architecture drawn up by <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design B.V. (Company)">Diana Yacht Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/216396/image/large-3c51925d6c2617ecdab234f56cd1a8da.jpg" data-gid="gid://syiq/Photo/216396">Read: <a data-gid="gid://syiq/Article/54076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="33m X-Treme 105 nears completion at Holterman shipyard (2021-11-15 08:30:00 +0100)">33m X-Treme 105 nears completion at Holterman shipyard</a>With an interior volume of 198 GT and a five stateroom configuration, <a data-gid="gid://syiq/Yacht/9148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Fleur32.65m (107'1&quot;)Holterman Shipyard2022">Lady Fleur</a> can accommodate up to 10 guests. She is characterised by a silver coloured, steel hull and aluminium superstructure. In terms of performance, <a data-gid="gid://syiq/Yacht/9148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Fleur32.65m (107'1&quot;)Holterman Shipyard2022">Lady Fleur</a> sports twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines that allow her to comfortably cruise at 10 knots and reach a top speed of 15 knots.<img src="https://photo-assets.superyachttimes.com/photo/216389/image/large-0b4527fb90a0a21cffb78592c6194b6f.jpg" data-gid="gid://syiq/Photo/216389"><img src="https://photo-assets.superyachttimes.com/photo/216390/image/large-3c21cc0e2cfc04b62f438e5c70901275.jpg" data-gid="gid://syiq/Photo/216390"><img src="https://photo-assets.superyachttimes.com/photo/216391/image/large-6ec35a8e52bae6cd00b6324465345463.jpg" data-gid="gid://syiq/Photo/216391"><img src="https://photo-assets.superyachttimes.com/photo/216393/image/large-cd99f4eb70963a115406410b3806bb15.jpg" data-gid="gid://syiq/Photo/216393">Read: <a data-gid="gid://syiq/Article/53368" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Construction update: Holterman X-treme 105 nears final stages (2021-07-14 12:15:00 +0200)">Construction update: Holterman X-treme 105 nears final stages</a><img src="https://photo-assets.superyachttimes.com/photo/198477/image/large-18ef44d26aa3ee97104a3e120f4c0e15.jpeg" data-gid="gid://syiq/Photo/198477"><a data-gid="gid://syiq/Yacht/9148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Fleur32.65m (107'1&quot;)Holterman Shipyard2022">Lady Fleur</a> is the largest from the X-treme series. The <a data-gid="gid://syiq/Article/54376" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Introducing the all-new 24m X-Treme 78 Fly (2022-01-05 12:15:00 +0100)">newly revealed 23.9-metre Holterman X-Treme 78 Fly</a> follows her in size, and the 23.65-metre Holterman X-treme 78 Sport is the smallest from the series, and will be the next to be launched – scheduled for November of this year. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215259/image/large-0ccc71bbbb61bc4fb7150bcfa7c48fce.jpg" data-gid="gid://syiq/Photo/215259">

Holterman launches 33m Holterman X-Treme 105

Holterman has launched the all-new Holterman X-Treme 105! The 33m motor yacht made her first splash this morning. 

Holterman has launched the 33m Holterman X-Treme 105

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has successfully launched a new 32.3-metre Darwin 106 which has been built and designed for an American client, who had some very specific requests for the motor yacht. <img src="https://photo-assets.superyachttimes.com/photo/215478/image/large-c35038a62ac8b73a60a80cb4f29fdcc4.jpg" data-gid="gid://syiq/Photo/215478"><a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a>, as she’s been christened, has been built for a fishing enthusiast who has their heart set on extreme excursions to Alaskan waters and other far-flung destinations. As <a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> has been designed for long expeditions, comfort was high on the agenda. <a data-gid="gid://syiq/Company/4541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Guida Design (Company)">Francesco Guida Design</a> took charge of her interior styling and ensured that her owner and his family can relax and unwind during their trips.&nbsp;“We knew that our explorers fitted perfectly with American owners’ requirements as for volumes, spaces, robustness, long range, technical reliability, functionality, no nonsense approach and, last but not least, customer care and after sale service. It has taken us a few years to penetrate the American market but we made it, eventually, as scheduled,” says Vasco Buonpensiere, co-founder and Sales &amp; Marketing Director at <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>. <img src="https://photo-assets.superyachttimes.com/photo/215479/image/large-ed11cd3d13a6348b8daf505f32817ff5.jpg" data-gid="gid://syiq/Photo/215479">“Nowadays, <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a>’s yachts sail the seven seas and their unsurpassed quality has now spread on both sides of the pond. As the market matures, customers get picky and most American owners definitely know what they want. This is why I was so proud when the contract of the Darwin 106 was signed two years ago,” Buonpensiere continued.<img src="https://photo-assets.superyachttimes.com/photo/215480/image/large-17a75065cee954ddcd20923b4f0612f0.jpg" data-gid="gid://syiq/Photo/215480"><a data-gid="gid://syiq/Company/4541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Guida Design (Company)">Francesco Guida</a> had 255 GT of interior volume to play with and drew <a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> with a cavernous main saloon that is home to both a lounge and dining area. With a six stateroom configuration, <a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> can easily accommodate the owner, his family and a handful of friends. Five guest suites are located on the lower deck, comprising two doubles, two twins and a large VIP suite.&nbsp;Meanwhile, the owner’s area is more secluded, located on the upper deck, and opens on to the stern terrace – a perfect spot to soak up the rising and setting of the sun. <a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> is based on the naval platform of the Darwin 102, but differs from the series as <a data-gid="gid://syiq/Company/4541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Guida Design (Company)">Francesco Guida</a> – along with <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec S.r.l. (Company)">Hydro Tec</a>, who penned her exterior styling and naval architecture – fully customised this <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> motor yacht at the owner’s request.&nbsp;<a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> features a country kitchen that opens onto the main saloon and imbues an informal atmosphere. In lieu of a sun deck, as is particular with the Darwin 106 series, Uptight has an impressive owner’s suite that boasts impressive panoramic views from the private suite.<img src="https://photo-assets.superyachttimes.com/photo/215477/image/large-84ac243a75c28002d4d0172c8171ea7b.jpg" data-gid="gid://syiq/Photo/215477">“The owner of the Darwin 106 has a great deal of experience in yachting and is assisted by a highly experienced team. This means a lot to us. It is proof that we are doing our job properly by combining construction and technical qualities with style and elegance,” Buonpensiere said. “<a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> has been designed to fulfill her owner's desire to have a reliable and comfortable explorer yacht to enjoy month's long fishing expeditions in remote and uncontaminated seas.”The stand-out feature, though, of the Darwin 106 is her fishing cockpit that has converted the model into a sport fisherman yacht. The stern platform has been transformed into a cockpit that is fitted with a battle station. <a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022">Uptight</a> has been designed so that the whole family can enjoy the sport together. Screwless rod holders are located around the large teak caprail around the cockpit. <a data-gid="gid://syiq/Yacht/8655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uptight32.0m (104'12&quot;)Cantiere delle Marche (CdM)2022"><img src="https://photo-assets.superyachttimes.com/photo/215481/image/large-f4e2953b597fd33d14d3f7f1ff08f6ec.jpg" data-gid="gid://syiq/Photo/215481">Uptight</a> also comes with all the fishing paraphernalia needed for big fishing excursions, such as tackle boxes, and storage for live fishing bait. There is also a double Eskimo ice maker with both salt and freshwater in the main cockpit alongside a few freezers located beneath the sofa.She sports twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">CAT</a> engines that give a cruising speed of 11.5 knots and a top speed of 13 knots. When the family wants more adrenaline-fueled and faster trips, they can make use of the large onboard tender.

CdM’s 32m motor yacht Uptight launched

CdM has successfully launched a new 32m Darwin 106 which has been built and designed for big game fishing.

CdM launches Uptight: The 32m Darwin 106 built for big game fishing

The first new Magellano 30 Metri yacht has been launched by <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut Yachts</a> in Viareggio. The new flagship of the Magellano Collection, the yacht has been designed for an experienced yacht owner who plans to use the yacht extensively for cruising. <img src="https://photo-assets.superyachttimes.com/photo/216903/image/large-27acb3b74b113efcdd503ec008c34d5b.jpg" data-gid="gid://syiq/Photo/216903">The yacht, which measures 29.63-metres, has been designed externally by <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> and features an unusual hull colour in a grey blue, with a steel grey superstructure. Large panels of glazing in a dark hue punctuate the hull, with a large square window located in the bow, illuminating the master suite on the main deck.&nbsp;<a data-gid="gid://syiq/Company/5564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vincenzo De Cotiis Architect (Company)"><img src="https://photo-assets.superyachttimes.com/photo/216904/image/large-c63c93b0a71c446e027b5fb894740f98.jpg" data-gid="gid://syiq/Photo/216904"></a><a data-gid="gid://syiq/Company/5564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vincenzo De Cotiis Architect (Company)"></a><a data-gid="gid://syiq/Company/5564" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vincenzo De Cotiis Architect (Company)">Vincenzo De Cotiis Architect</a> was chosen for her interior styling and the two designers have worked closely with the owner to finish her three decks in a homely yet elegant aesthetic. Top features include the 'Infinity Terrace' as guests are welcomed onboard and the large upper deck alfresco area.&nbsp;Designed to create lower emissions when cruising, the yacht has a Dual Mode hull, designed by <a data-gid="gid://syiq/Company/4331" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P.L.A.N.A. Design (Company)">P.L.A.N.A</a> architecture firm which ensures stability and low levels of emissions at midrange speeds. Tests suggest that fuel consumption is reduced by 15% compared to traditional planing hulls. She is also fitted with a hotel mode package which includes 100kWh lithium batteries so that she can stay at anchor with zero emissions for up to 4 hours during the day and 8 hours at night.The yacht, which is yet to be named, will have a top speed of 20 knots and a cruising speed of 16 knots.&nbsp;

Azimut launches first Magellano 30 Metri

The first of Azimut's new crossover line has been launched. The Magellano 30 Metri. 

Azimut launches new Magellano 30 Metri 

<a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line Spa</a> has kicked-off the year with the successful launch of the 28.43-metre motor yacht <a data-gid="gid://syiq/Yacht/11293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolfpack 28.43m (93'3&quot;)Custom Line Spa2022">Wolfpack</a>. <img src="https://photo-assets.superyachttimes.com/photo/216880/image/large-a4612f6d8b01dae36e6b20547db58ccf.jpg" data-gid="gid://syiq/Photo/216880"><a data-gid="gid://syiq/Yacht/11293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolfpack 28.43m (93'3&quot;)Custom Line Spa2022">Wolfpack</a> is the latest hull from the highly successful Navetta 30 series, and she made her first splash at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona earlier this month.Much like her sibling ships, <a data-gid="gid://syiq/Yacht/11293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolfpack 28.43m (93'3&quot;)Custom Line Spa2022">Wolfpack</a> features an exterior design by <a data-gid="gid://syiq/Company/5547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Filippo Salvetti (Company)">Filippo Salvetti</a> who drew her with three decks and plenty of outdoor living space. <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line Spa (Company)">Custom Line</a> worked closely with &nbsp;<a data-gid="gid://syiq/Company/5547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Filippo Salvetti (Company)">Filippo Salvetti</a>, as the shipbuilder’s in-house designers penned her naval architecture.<img src="https://photo-assets.superyachttimes.com/photo/117313/image/large-54d78d637c01bb29cd0315a6bddcf24d.jpg" data-gid="gid://syiq/Photo/117313"><a data-gid="gid://syiq/Company/5082" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Antonio Citterio Patricia Viel (Company)">Antonio Citterio Patricia Viel</a> headed her interior design and had 170 GT of interior volume to curate. <a data-gid="gid://syiq/Yacht/11293" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wolfpack 28.43m (93'3&quot;)Custom Line Spa2022">Wolfpack</a> has a strictly modern styling and has been configured with five staterooms to provide accommodation for up to 10 guests.&nbsp;Wolfpack is constructed out of GRP and draws power from twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that allow her to cruise comfortably at 12 knots. She has a top speed of 14 knots.&nbsp;

Custom Line’s 28m motor yacht Wolfpack launched

Custom Line has kicked-off the year with the successful launch of the 28m motor yacht Wolfpack. 

Custom Line launches its first yacht for 2022: Wolfpack 

<a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> has just announced the successful launch of the first <a data-gid="gid://syiq/Yacht/10963" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 80 Eco23.87m (78'4&quot;)Sunreef Yachts2022">Sunreef 80 Eco</a>, a new generation of sailing catamaran that is powered by fuel-free propulsion in an all-electric system. The yacht employs a solar power system that features ultralight composite integrated solar panels within the sides of the hull, mast, superstructure and bimini roof. Her mast will be installed in the coming stage of her build.<img src="https://photo-assets.superyachttimes.com/photo/215499/image/large-c021cdad5ccfc90ab8e0d63fb0fe6fbf.jpg" data-gid="gid://syiq/Photo/215499">In a first for the industry, the photovoltaic system can deliver up to 36 kilowatts per hour. Francis Lapp, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> Founder and President commented at the launch, "We take a great step forward with this truly pioneering yacht. Renewable energy is the key element in the design of the <a data-gid="gid://syiq/Yacht/10963" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 80 Eco23.87m (78'4&quot;)Sunreef Yachts2022">Sunreef 80 Eco</a>. Thanks to a revolutionary solar power system, hydro-generation and performance sails, the <a data-gid="gid://syiq/Yacht/10963" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef 80 Eco23.87m (78'4&quot;)Sunreef Yachts2022">Sunreef 80 Eco</a> provides full autonomy, relying on the sun, water and wind." <img src="https://photo-assets.superyachttimes.com/photo/215501/image/large-6f49b8c6123ddf1718070a82319461b6.jpg" data-gid="gid://syiq/Photo/215501"><img src="https://photo-assets.superyachttimes.com/photo/215500/image/large-3e2e2b36b5b15389cf271c7a1221266d.jpg" data-gid="gid://syiq/Photo/215500">The yacht's propulsion comes from two 180 kilowatt electric engines and while under sail the yacht recovers energy from the passive motion of the two propellors thanks to an advanced hydro generation system.<img src="https://photo-assets.superyachttimes.com/photo/215495/image/large-2bf9d6a59ed030328396db008a0b8afd.jpg" data-gid="gid://syiq/Photo/215495"><img src="https://photo-assets.superyachttimes.com/photo/215496/image/large-fd803032931e49d30a57f67eef111148.jpg" data-gid="gid://syiq/Photo/215496">The energy obtained from this system will be used to power both the yacht herself and the house appliances. The system will be able to generate over 15 kilowatts per hour while cruising above 7 knots. <img src="https://photo-assets.superyachttimes.com/photo/215498/image/large-bb5d433424ad5516b9bd711c534c0a78.jpg" data-gid="gid://syiq/Photo/215498"><img src="https://photo-assets.superyachttimes.com/photo/215502/image/large-e407475158ad31fec8f78a4c87d25d0a.jpg" data-gid="gid://syiq/Photo/215502">

Sunreef 80 Eco has been launched

The first Sunreef 80 Eco was launched today in Gdansk, Poland.

First all-electric Sunreef 80 Eco has been launched

2021 saw some of the biggest superyachts in the fleet launched with a whopping total length of 930 metres, which is equivalent to nearly nine English football pitches. Here we have given you the official rundown of the 10 biggest superyachts launched in 2021: <img src="https://photo-assets.superyachttimes.com/photo/204467/image/large-9de7f415e475ae081afbf5c69ed9bbeb.jpg" data-gid="gid://syiq/Photo/204467">1.&nbsp;<a data-gid="gid://syiq/Yacht/6847" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solaris139.7m (458'4&quot;)Lloyd Werft2021">Solaris</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/1075" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd Werft (Company)">Lloyd Werft</a>&nbsp;| 139.7-metre<a href="https://www.superyachttimes.com/yacht-news/yacht-solaris-launch" rel="noopener noreferrer" target="_blank" title="">Launched in February 2021</a>, <a data-gid="gid://syiq/Yacht/6847" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solaris139.7m (458'4&quot;)Lloyd Werft2021">Solaris</a>' distinctive exterior lines with the cascading decks and the signature arch that wraps around her superstructure make her instantly recognisable. These unique design features come from the boards of Australian industrial designer <a href="https://sya.superyachttimes.com/companies/marc-newson-ltd" target="_blank">Marc Newson</a>. Aside from her eye-catching design <a data-gid="gid://syiq/Yacht/6847" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solaris139.7m (458'4&quot;)Lloyd Werft2021">Solaris</a> is equipped with a power management system from <a href="https://sya.superyachttimes.com/companies/abb-group" target="_blank">ABB</a> and two nine-megawatt Azipods, which are the most powerful of their kind featured on a superyacht. Partially due to her impressive beam 21.35-metre beam, the yacht has a whopping 11,247 GT, allowing her to accommodate 36 guests in luxurious comfort.<img src="https://photo-assets.superyachttimes.com/photo/209332/image/large-567da75cef6d1ad709119544f9f00e0b.jpg" data-gid="gid://syiq/Photo/209332">2.&nbsp;<a data-gid="gid://syiq/Yacht/7500" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco Y721127.0m (416'8&quot;)Oceanco2022">Oceanco Y721</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>&nbsp;| 127-metreComing in as the largest yacht <a data-gid="gid://syiq/Article/53917" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First look at Oceanco's 127m sailing superyacht Y721 (2021-10-20 09:15:00 +0200)">ever built in the Netherlands is the gigantic schooner owned by a renowned American tech entrepreneur</a>. Though she has not yet been completed, her much acclaimed 'launch' occurred in October, when she was moved out of the construction shed in Zwijndrecht and moved to a completion shed for outfitting. It will not be long before the superyacht is sailing the seas and ranking <a data-gid="gid://syiq/Article/39767" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The top 10 largest sailing yachts in the world (2021-04-13 13:00:00 +0200)">second in the list of the world's largest sailing yachts</a>!<img src="https://photo-assets.superyachttimes.com/photo/207798/image/large-4988c376d6c8eb77f26885587749e701.jpg" data-gid="gid://syiq/Photo/207798">3.&nbsp;<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>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>&nbsp;| 117-metreComing in at third is another <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> superyacht, when she was launched in October she was the largest superyacht launched by the shipyard, though her top spot was quickly nabbed by <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>.&nbsp;This sleek and elegant superyacht features exterior design from Monaco-based designer <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>, while her interior has been penned by <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>. The yacht has an elegant profile with a long bow with helipad on the foredeck. She has an additional helipad on the aft top deck, which also acts as a social space for entertaining. Of largest yachts in the world, she ranks number 53.&nbsp; <iframe width="640" height="360" src="https://www.youtube.com/embed/bgDUSfs1EoI?&amp;t=1s&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>4.&nbsp;<a data-gid="gid://syiq/Yacht/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahpo115.1m (377'7&quot;)Lürssen Yachts2021">Ahpo</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>&nbsp;| 115.1-metre<a href="https://www.superyachttimes.com/yacht-news/115m-lurssen-superyacht-ahpo-delivered" rel="noopener noreferrer" target="_blank" title="">Launched in June 2021</a> and <a href="https://www.superyachttimes.com/yacht-news/115m-lurssen-superyacht-ahpo-delivered" rel="noopener noreferrer" target="_blank" title="">delivered in November</a>, <a data-gid="gid://syiq/Yacht/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahpo115.1m (377'7&quot;)Lürssen Yachts2021">Ahpo</a> made a splash with her elongated bow with its distinctive gold emblem emblazoned below. Featuring interior and exterior design from <a href="https://sya.superyachttimes.com/companies/nuvolari-lenard" target="_blank">Nuvolari Lenard</a>, the yacht has a sweeping profile with distinctive semicircular windows amidships and a sweeping curve to the aft which is accentuated by black. She has since been <a href="https://www.superyachttimes.com/yacht-news/lurssen-superyacht-ahpo-docked" rel="noopener noreferrer" target="_blank" title="">spotted anchored off Jamaica, where it is believed she will be cruising over the winter months</a>.<img src="https://photo-assets.superyachttimes.com/photo/199562/image/large-ac24f6a6a353c094ee45171ff10de906.jpg" data-gid="gid://syiq/Photo/199562">5.&nbsp;<a data-gid="gid://syiq/Yacht/6722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss94.75m (310'10&quot;)Feadship2021">Bliss&nbsp;</a>|&nbsp;<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>&nbsp;| 94.75-metreDesigned by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, <a data-gid="gid://syiq/Yacht/6722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss94.75m (310'10&quot;)Feadship2021">Bliss</a> is the largest of many <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>s to have entered the fleet this year. <a href="https://www.superyachttimes.com/yacht-news/95m-feadship-superyacht-bliss-sea-trials" rel="noopener noreferrer" target="_blank" title="">Launched in May, the yacht sports a diesel-electric hybrid propulsion system</a>, which has been designed and engineered by the naval architects at her builders. With classic <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> lines, she has a long bow with helideck, a crisp white exterior and tiered decks that offer her owner and guest a multitude of options for lounging and entertainment. <iframe width="640" height="360" src="https://www.youtube.com/embed/ytsGGaYSORI?&amp;t=5s&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>6.&nbsp;<a data-gid="gid://syiq/Yacht/6299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viva94.0m (308'5&quot;)Feadship2021">Viva</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>&nbsp;| &nbsp;94-metreAs the next <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> in the list, <a data-gid="gid://syiq/Yacht/6299" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viva94.0m (308'5&quot;)Feadship2021">Viva</a> sits only just behind <a data-gid="gid://syiq/Yacht/6722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bliss94.75m (310'10&quot;)Feadship2021">Bliss</a> at 94-metres, but features a radically different design. Conceived in a collaboration between <a href="https://sya.superyachttimes.com/companies/azure-naval-architects" target="_blank">Azure Yacht Design &amp; Naval Architecture</a> and <a href="https://sya.superyachttimes.com/companies/de-voogt" target="_blank">De Voogt Naval Architects</a>, the superyacht has a straight bow and angular deck arrangement, punctuated amidships by an archway in the superstructure. Dark glazing wraps around the upper decks, giving them the impressive of floating. Her interior comes from the boards of <a data-gid="gid://syiq/Company/1107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Peter Marino (Company)">Peter Marino</a>. <img src="https://photo-assets.superyachttimes.com/photo/211013/image/large-901cde28239e395e7e586ab2c405d8ff.jpg" data-gid="gid://syiq/Photo/211013">7.&nbsp;<a data-gid="gid://syiq/Yacht/1591" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Victorious85.0m (278'10&quot;)Akyacht2021">Victorious</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/4644" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akyacht (Company)">AKYACHT</a>&nbsp;| 85-metreNext in the list and the first launch from Turkey was <a data-gid="gid://syiq/Yacht/1591" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Victorious85.0m (278'10&quot;)Akyacht2021">Victorious</a>, launched in April and built to designs from <a href="https://sya.superyachttimes.com/companies/michael-leach" target="_blank">Michael Leach Design Ltd</a>. The superyacht was on display at the 2021 Monaco Yacht Show, highly distinctive due to her blue hull and bow that ends in a slight bowsprit. Internally she has been designed by <a data-gid="gid://syiq/Company/161" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="H2 Yacht Design (Company)">H2 Yacht Design</a> and recently <a data-gid="gid://syiq/Article/54057" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard AKYacht's magnificent 85m superyacht Victorious (2021-11-11 10:00:00 +0100)">released shots of her interior show a luxuriously appointed yacht</a>with spas suites and more than enough space to accommodate her 20 guests.<img src="https://photo-assets.superyachttimes.com/photo/212128/image/large-235fccb16ca42f1a3697b8c3b2416ff3.jpg" data-gid="gid://syiq/Photo/212128">8.&nbsp;<a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica80.07m (262'8&quot;)Heesen Yachts2022">Galactica</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>&nbsp;| 80-metreWith her technical launch in November, <a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica80.07m (262'8&quot;)Heesen Yachts2022">Galactica</a> made the front page with her bulbous bow painted with the ferocious face of a sea creature. With exterior design from <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch</a> and interiors from <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>, her design team are certainly as formidable as her bow and she is even the shipyards longest superyacht launched to date. <a href="https://www.superyachttimes.com/yacht-news/heesen-s-project-cosmos-launched" rel="noopener noreferrer" target="_blank" title="">At her launch, CEO Arthur Brouwer commented</a> "This yacht is unique, not only for our shipyard, as she is the largest we have ever taken on and represents the pinnacle of our achievements to date. <a href="https://sya.superyachttimes.com/yachts/galactica" target="_blank">Cosmos</a> (as she was known at launch) is also unique in the industry - the largest and fastest aluminium yacht in her class ever built.”<img src="https://photo-assets.superyachttimes.com/photo/207632/image/large-fb048eb1994ddf3c5aa3e8428f3de8ff.jpg" data-gid="gid://syiq/Photo/207632">9. Amels 78m Full Custom |&nbsp;<a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>&nbsp;| 77.8-metre<a href="https://www.superyachttimes.com/yacht-news/amels-and-damen-yachting-amels-78m-full-custom" rel="noopener noreferrer" target="_blank" title="">Launched in August to designs by Espen Øino International, exterior, and Zuretti Interior Design</a>, interior. The yacht has a powerful exterior profile with a large amount of glazing and wrap-around windows on the upper decks. She has a 2,885 GT and can accommodate as many as 14 guests. As seen in the image above, she is fitted with a display of underwater LED lighting, so she's set to be a striking yacht at anchor.<img src="https://photo-assets.superyachttimes.com/photo/211812/image/large-56feefc33470af9107529e0f93625042.jpg" data-gid="gid://syiq/Photo/211812">10.&nbsp;<a data-gid="gid://syiq/Yacht/7275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenshō74.85m (245'7&quot;)Admiral2022">Kenshõ</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>&nbsp;| 74.85-metre&nbsp;Coming in at the penultimate position is the Admiral superyacht with a beautiful blue hull, <a data-gid="gid://syiq/Yacht/7275" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenshō74.85m (245'7&quot;)Admiral2022">Kenshõ</a>. Designed by <a href="https://sya.superyachttimes.com/companies/azure-naval-architects" target="_blank">Azure Yacht Design &amp; Naval Architecture</a>, <a href="https://www.superyachttimes.com/yacht-news/admiral-s-75m-superyacht-kensho-launched" rel="noopener noreferrer" target="_blank" title="">the yacht was launched in November at the Italian shipyard</a>. Her interiors, which feature oriental influences and organic shapes, are the work of <a href="https://sya.superyachttimes.com/companies/jouin-manku" target="_blank">Jouin Manku</a>. With accommodations for 16 guests and 20 crew, she will make an excellent charter or private yacht when she is delivered in the coming months.Another notable launch of 2021 <a href="https://www.superyachttimes.com/yacht-news/122m-lurssen-superyacht-jag-hull-launched" rel="noopener noreferrer" target="_blank" title="">was the spectacular slipway launch of the hull of the Lürssen superyacht&nbsp;Jag</a>. Featuring exterior design by <a href="https://www.superyachttimes.com/companies/nuvolari-lenard" target="_blank">Nuvolari Lenard</a>, while her interiors have been penned by British design studio, <a href="https://www.superyachttimes.com/companies/reymond-langton" target="_blank">Reymond Langton</a>. She is distinctive for her unusual mast design, as well as the bowsprit that echoes the design of the 2014 <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/4095" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kismet95.2m (312'4&quot;)Lürssen Yachts2014">Kismet</a>. Jag&nbsp;is set to be completed and launched in 2023.<iframe width="640" height="360" src="https://www.youtube.com/embed/nUnXL_NJZgI?&amp;t=1s&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>

The top 10 biggest superyachts launched in 2021

Here is our official run down of the biggest superyachts launched in 2021.

The 80.07-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> superyacht Project Cosmos, now known as <a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica80.07m (262'8&quot;)Heesen Yachts2022">Galactica</a>, has been launched in the Netherlands. <a href="https://www.superyachttimes.com/yacht-news/heesen-s-project-cosmos-launched" rel="noopener noreferrer" target="_blank" title="">The yacht, which was first launched in November, is the builders longest and fastest superyacht built to date</a>, setting records for the shipyard with speeds up to 30 knots. She is exactly 10 metres longer than the 2016 <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica Super Nova70.07m (229'11&quot;)Heesen Yachts2016">Galactica Super Nova</a>. <iframe width="640" height="360" src="https://www.youtube.com/embed/1-kHpDR4cqw?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> <img src="https://photo-assets.superyachttimes.com/photo/215338/image/large-f5c01116faa5199c882656bc871d7e7f.jpg" data-gid="gid://syiq/Photo/215338"><img src="https://photo-assets.superyachttimes.com/photo/215336/image/large-b45b7db2fd7f628fd860e69d144fcc76.jpg" data-gid="gid://syiq/Photo/215336"><img src="https://photo-assets.superyachttimes.com/photo/215339/image/large-27d865726b66efb1ba80620149b5d177.jpg" data-gid="gid://syiq/Photo/215339">Heesen and her owner turned to a A-star list of designers to create this record-breaking yacht, with British design firm <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch</a> drawing her long and sinewy exterior lines which culminate in a powerfully sharp bow.<img src="https://photo-assets.superyachttimes.com/photo/215334/image/large-8a54f90a0db76c02945f4fc56a6d3209.jpg" data-gid="gid://syiq/Photo/215334"> <img src="https://photo-assets.superyachttimes.com/photo/215335/image/large-463397c8dbaa58f963662c8d5ec478ad.jpg" data-gid="gid://syiq/Photo/215335"><img src="https://photo-assets.superyachttimes.com/photo/215339/image/large-27d865726b66efb1ba80620149b5d177.jpg" data-gid="gid://syiq/Photo/215339">Her profile is punctuated by angular forward flowing lines that echo the direction of her bow, with dark glazing that flows right into the forward part of the hull. Amidships there is an arched motif that defines the upper superstructure and which offers full glazed walls that will no doubt shed an abundance of light on her upper decks. This also acts to protect the top deck from the elements, and lend her owner and guests absolute privacy while they enjoy time onboard.<img src="https://photo-assets.superyachttimes.com/photo/215331/image/large-2a05009c6c5da5f00457f494ef131824.jpg" data-gid="gid://syiq/Photo/215331"><img src="https://photo-assets.superyachttimes.com/photo/215333/image/large-d9d91b69d006411c30ecf5982a63726a.jpg" data-gid="gid://syiq/Photo/215333"><img src="https://photo-assets.superyachttimes.com/photo/215340/image/large-8e3f6ce0c6cadde4e2e5e43eec0a0c46.jpg" data-gid="gid://syiq/Photo/215340">Her interior styling is the work of <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>, and though the design of the interior has so far been kept under wraps, there have been some renders released that reveal flowing and organic forms, as well as an abundance of glass within a contemporary setting.<img src="https://photo-assets.superyachttimes.com/photo/215341/image/large-168334c34a3432ce427e3f1e5e20b105.jpg" data-gid="gid://syiq/Photo/215341"><img src="https://photo-assets.superyachttimes.com/photo/215330/image/large-669929f49de7d12be282b2f9373287f2.jpg" data-gid="gid://syiq/Photo/215330">Her impressive speeds, which even at cruising will be in excess of 20 knots, have been pioneered by the combination of the Fast Displacement Hull Form (FDHF) alongside an advanced propulsion solution developed by the yard alongside <a href="https://www.superyachttimes.com/companies/van-oossanen-naval-architects" target="_blank">Van Oosanen Naval Architects</a> and <a href="https://www.superyachttimes.com/companies/rolls-royce-marine" target="_blank">Rolls-Royce Marine</a>.

Superyacht Project Cosmos launched at Heesen

Heesen has launched the 80m superyacht Galactica in the Netherlands.

Video: Heesen's 80m superyacht Galactica has been launched

The 80-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica80.07m (262'8&quot;)Heesen Yachts2022">Galactica</a>, <a data-gid="gid://syiq/Article/54386" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Heesen's 80m superyacht Galactica has been launched (2022-01-07 12:15:00 +0100)">which was launched on Friday</a>, has been captured in transit through the Netherlands as she heads to the North Sea for her performance trials. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215370/image/large-9a9a45cb02c99ee5cbc4297b1cbf45bd.jpg" data-gid="gid://syiq/Photo/215370"><img src="https://photo-assets.superyachttimes.com/photo/215368/image/large-9dea1d890e96b7a5c91feb56cdba3f82.jpg" data-gid="gid://syiq/Photo/215368"><img src="https://photo-assets.superyachttimes.com/photo/215366/image/large-eee697dde9c1720d3e1d2b6d74a2fbc4.jpg" data-gid="gid://syiq/Photo/215366">The yacht is expected to break records for the shipyard, with top speeds of up to 30 knots and a cruising speed of more than 20 knots. She features exterior design from <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch</a> and interiors from <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>.<ul><li><a data-gid="gid://syiq/Article/49491" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project update: Heesen's 80m yacht Cosmos (2019-01-22 12:00:00 +0100)">Project update: Heesen's 80m yacht Cosmos</a></li><li><a data-gid="gid://syiq/Article/54386" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Heesen's 80m superyacht Galactica has been launched (2022-01-07 12:15:00 +0100)">Video: Heesen's 80m superyacht Galactica has been launched</a></li><li><a data-gid="gid://syiq/Article/54128" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project Cosmos undergoes technical launch from Heesen's facilities in Oss (2021-11-22 19:45:00 +0100)">Project Cosmos undergoes technical launch from Heesen's facilities in Oss</a></li></ul><img src="https://photo-assets.superyachttimes.com/photo/215367/image/large-1cf1e12aeb2965e6ecd5d562da114cb2.jpg" data-gid="gid://syiq/Photo/215367"><img src="https://photo-assets.superyachttimes.com/photo/215372/image/large-33b24ce7180128892cf0236327163ae0.jpg" data-gid="gid://syiq/Photo/215372"><img src="https://photo-assets.superyachttimes.com/photo/215374/image/large-b675be56365bbe611e1225949b003a3e.jpg" data-gid="gid://syiq/Photo/215374">Watch the video of her launch here: <iframe width="640" height="360" src="https://www.youtube.com/embed/1-kHpDR4cqw?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe>

Superyacht Galactica in transit

The superyacht Galactica has been captured in transit through the Netherlands on route to sea trials. 

In Pictures: Galactica in transit through the Netherlands

<img src="https://photo-assets.superyachttimes.com/photo/215463/image/large-2caf670a7365a0c09813aed5a5dffe65.jpg" data-gid="gid://syiq/Photo/215463">Captured here being towed under the Heusdense brug in the Netherlands by night, is the 80.07-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 Cosmos, now known as <a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica80.07m (262'8&quot;)Heesen Yachts2022">Galactica</a>. Exactly 10 metres longer than the 2016 <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/5603" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica Super Nova70.07m (229'11&quot;)Heesen Yachts2016">Galactica Super Nova</a>, she is the builders longest and fastest superyacht built to date. <a data-gid="gid://syiq/Article/54386" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Heesen's 80m superyacht Galactica has been launched (2022-01-07 12:15:00 +0100)">Launched last Friday</a>, the superyacht turned heads while transiting through the Dutch waters as she headed to the North Sea for her performance trials. Onboard, <a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galactica80.07m (262'8&quot;)Heesen Yachts2022">Galactica</a> features a striking exterior design from <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch</a> and luxurious interiors from <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>. With a combination of her Fast Displacement Hull Form (FDHF) alongside her advanced propulsion solution developed by the yard with <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> and <a data-gid="gid://syiq/Company/2207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rolls-Royce Marine (Company)">Rolls-Royce Marine</a>, the yacht is expected to break records for the shipyard, with top speeds of up to 30 knots and a cruising speed of more than 20 knots.

Heesen superyacht Galactica in Heusden

The 80m superyacht Galactica, built by Heesen, is seen here in transit in Heusden

Superyacht Galactica in the mist 

A fire broke out this morning at the <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> shipyard in Cattolica, Italy. According to a local news report, the fire started around 9:30 and destroyed a 30-metre superyacht which was ready for delivery. <img src="https://photo-assets.superyachttimes.com/photo/215491/image/large-a02880399c7742c5dd66758b25fec593.jpeg" data-gid="gid://syiq/Photo/215491"><img src="https://photo-assets.superyachttimes.com/photo/215492/image/large-0ce9e0c06106266987794c90a057b45a.jpeg" data-gid="gid://syiq/Photo/215492"><img src="https://photo-assets.superyachttimes.com/photo/215489/image/large-e11c331768b89abcc496b610b448acd1.jpeg" data-gid="gid://syiq/Photo/215489">While it was initially suggested that the fire severely damaged two other yachts, this has been dismissed by the shipyard. The fire is now under control, but there is still a cloud of black smoke surrounding the yard. <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> has now released an official statement; "The fire that broke out in the early hours of the morning of Tuesday January 11, involving a boat under construction at the Cattolica shipyard, caused no injuries thanks to the immediate implementation of safety procedures, with the intervention of the shipyard's fire-fighting teams and the local fire brigade. The fire has been contained and extinguished, the site is safe. The causes of the incident are currently under investigation."<img src="https://photo-assets.superyachttimes.com/photo/215490/image/large-82774c5586fb83a3cadb7658217f38e9.jpeg" data-gid="gid://syiq/Photo/215490" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">The shipyard is located on the coastline of Italy looking out to the Adriatic Sea, south of the beach town, Rimini and east of San Marino. The site has been in operation since 2001 and covers a total area of about 14,000 square-metres, comprising 9,000 square-metres of indoor facilities and 16 assembly stations. The Cattolica Shipyard can accommodate up to 16 20-30-metre motor yachts at a time. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215494/image/large-92e722ac6b6e8aa67e04318cb0c0229d.jpeg" data-gid="gid://syiq/Photo/215494">The flagship model of the yard is the Ferretti Yachts 1000, and the first hull from the series was launched on March 12, 2021. It is highly likely that it was a model from this line that was destroyed during this morning’s fire. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215488/image/large-373073c63f4cc1a5c0040808f78d809a.jpeg" data-gid="gid://syiq/Photo/215488">

Fire at the Ferretti shipyard in Cattolica

 Fire at the Ferretti shipyard in Cattolica destroyed superyacht.

 Breaking news: Fire at the Ferretti shipyard in Cattolica destroys superyacht

Stuart Larsen of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> has had a record year by anyones standards, with some of the most expensive superyacht sales having his name sealing the deal. SYT's Francesca Webster caught up with Stuart to find out a little more about his predictions for 2022, his life as a yacht broker and his recipe for success:<img src="https://photo-assets.superyachttimes.com/photo/26197/image/large-890662e701b71dfbed4d49faaa502da9.jpg" data-gid="gid://syiq/Photo/26197">How did you enter the world of yacht brokerage, can you give a bit of an overview of your career?I fell into yachting by chance, like most of my peers. After graduating from law school in New Zealand, I took a year off to travel. I had a scholarship to Harvard University but I wanted to see a bit more of the world before getting serious about what I thought would be a legal career. &nbsp;The era of cheap travel hadn’t arrived yet and Kiwis didn’t travel as much as they can now but, regardless, off I went.&nbsp;After spending a brutally cold Christmas in New York, I travelled to Florida in search of the sun, something more like Christmas at home. Funds were running low and having done a lot of competitive sailing in New Zealand, I easily got work and accommodation on a boat in Fort Lauderdale.&nbsp;Of course, with my Kiwi accent I met many people in the yachting business and made friends with a well-established yacht broker who had just started his own company. He decided he wanted to take me under his wing and offered me a sales position in his company. I didn’t know anything about brokerage, let alone that it could be a viable business, but I wanted to find out more. It certainly seemed more exciting than more law books. It was – and I &nbsp;have never looked back.&nbsp;I joined <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser Yachts</a> in 1980 and have been with the company for my entire career, through five different ownerships. My parents, of course, were horrified. I do not think my father forgave me until I sold the new build project for <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a> almost twenty years later! He still wanted me to be a lawyer………….. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/215527/image/large-0927286eec2249886af64968b4b5974a.jpg" data-gid="gid://syiq/Photo/215527">How do you see the industry has changed during your years as a broker?&nbsp;Apart from the obvious - the size, length and number of yachts and cruising grounds have increased significantly – the more interesting changes are less evident. &nbsp;&nbsp;It was the early days of the internet and I was lucky to count among my many clients a number of first-generation IT and tech entrepreneurs whose innovations literally changed the way we live. They were curious, creative, technically minded and fascinated by the natural world. Communications and IT meant that they were no longer tied to their desks. Now it was possible to travel and explore while still keeping tabs on business. The yachts they bought and built reflected their spirit of innovation and technical boldness. For example, <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a> with her integrated dock, dual helicopter landing pads and submarine, the tender capability of <a data-gid="gid://syiq/Yacht/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tatoosh92.42m (303'3&quot;)Nobiskrug2000">Tatoosh</a> – <a data-gid="gid://syiq/Yacht/256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Senses59.22m (194'3&quot;)Fr. Schweers Shipyard1999">Senses</a>, <a data-gid="gid://syiq/Yacht/442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skat70.7m (231'11&quot;)Lürssen Yachts2002">Skat</a> and many others, all come to mind. At the time, barring ships for warfare and rockets for space, yachts were the most sophisticated and complex craft man could devise. <img src="https://photo-assets.superyachttimes.com/photo/215531/image/large-c4d473658ac1e2844c453ef83f6a3e32.jpg" data-gid="gid://syiq/Photo/215531">The industry as a whole is just catching up now: helicopters, large tenders, spas and beach clubs, even submarines on the larger yachts, are more commonplace. But there is a key difference. The design used to be driven by the function, today most yachts are designer yachts, where design for design’s sake overshadows the functionality. There are a few recent, glorious exceptions - <a data-gid="gid://syiq/Yacht/6282" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Artefact80.0m (262'6&quot;)Nobiskrug2020">Artefact</a> springs to mind, a rare combination of a visionary project, managed by a talented captain supported by a creative, design team and a yard willing and able to innovate technically.The past twenty years has also seen the rise of production and semi-production yachts. They are more standardised since they need to appeal to a larger market segment. They take less time to build and the yard can manage the projects more efficiently – there are fewer problems to solve, less issues to go wrong. While the demand for custom yachts continues, only a handful of yards have the know-how or interest to build anything custom, bigger than 80 metres. But now we see the market maturing with yards focused on guiding demand and creating, rather than following, trends. <img src="https://photo-assets.superyachttimes.com/photo/173627/image/large-018cb96ce03b28e43b1a8697913c42a7.jpg" data-gid="gid://syiq/Photo/173627">What are the biggest challenges brokers face in such a competitive market?I don’t think the key challenges have changed over the years. Numbers have increased so there is more inventory to get to grips with. New yards have sprung up globally so it’s more difficult to track every new project. The internet has helped manage the overload and tools like the MLS systems have become invaluable but they are no substitutes for hard earned knowledge and experience. There are too many brokers who think it’s an easy and glamorous business. Everyone is ready to talk the talk but much fewer are willing to walk the walk. There are only a handful of companies that can offer clients proper advice, service and guidance and I am astounded at the lack of knowledge some brokers have when dealing with yachts over $20 million. I sometimes ask myself if I was a buyer or a seller, would I entrust my $20 million business to that person………….But, essentially the role of a broker hasn’t changed over the years. The challenge is doing it right. We all talk about so-so having sold this or that yacht. A broker doesn’t sell a yacht; his (or her) job is to make the sale happen. This is achieved by smoothing out all the snags, hitches (and ruffled feathers and egos) that are part and parcel of every sale. Personalities are large, the stakes are larger and all parties want to be the winner. The aim is to enable the parties to reach an agreement that all can live with. This means having a clear idea of the outcome you need to reach and managing each step of the process. It is time consuming, requires a lot of thought, idea tossing, fine tuning and creativity. It’s a long-haul journey. Interestingly, while we have a lot more tools, they don’t necessarily make the job of a dealmaker easier. Like building a yacht - you can’t compress the process, it requires time, attention, a good blueprint, a shared road map and a thorough understanding of the yacht sale process in order to arrive at a closing.<img src="https://photo-assets.superyachttimes.com/photo/215522/image/large-8b93366fd5d85023fbd1e28cea4ec261.jpg" data-gid="gid://syiq/Photo/215522">You have had an exceptional year, with some major sales. What do you think are the secrets to success in the big boat market?I am still surprised when I look at the numbers. I sold 14 yachts in 2021 which translates into more than three quarters of a billion dollars and over 800 metres (2,624’) in length. In terms of gross tonnage, the total volume of yachts I have sold is equivalent to the gross tonnage of forty-five 50 metre yachts!&nbsp;More importantly, I have acted for young, first-time buyers as well as for clients I first dealt with 30 years ago. It has also been a great privilege to be asked to represent yachts Iike <a data-gid="gid://syiq/Yacht/442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Skat70.7m (231'11&quot;)Lürssen Yachts2002">Skat</a> and <a data-gid="gid://syiq/Yacht/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopus126.2m (414'1&quot;)Lürssen Yachts2003">Octopus</a> which I originally sold as new build projects, in addition to the other 12 sales this year. &nbsp;The secret? Well, experience and business acumen are essential. Working with a well-respected company with an international presence is also important since our clientele is global. Marketing plays an increasingly central role, all the more so during the pandemic when buyers were not always able to visit a yacht in person. &nbsp;Really it still all boils down to knowing your business, saying it how it is and building up trust. <img src="https://photo-assets.superyachttimes.com/photo/215530/image/large-87a34bb0175c7f575bcce07f3b7a2d5d.jpg" data-gid="gid://syiq/Photo/215530">What do you think 2022 holds for the yachting industry?The 2021 boom was unexpected. I think most companies were bracing for a downturn, even as bad as the GFC. The onset of the pandemic was so fast there was no time to think things through and certainly no historical map to guide us.&nbsp;Then, all of a sudden business picked up rather than falling off a cliff like we anticipated. It was an eye opener until we realised that yachting provided an escape from the constraints of social distancing and lockdowns. Coupled with a booming stock market and the availability of cheap money, the yachting market simply exploded. However, the sheer size of the surge in demand was astonishing, both in brokerage and new construction. I don’t think 2022 can be such an extraordinary year.&nbsp;Good brokerage inventory is short, shipyards are full and, in many cases, over-extended. Some are not even contemplating discussions, let alone commitments with clients for new builds until their backlogs subside. A repeat of 2021 in sales is not feasible but, overall, the yachting market will remain upbeat as the inventory works its way through the various stages of ownership. &nbsp;Interest in yachting will almost certainly remain high since the impact of the pandemic is going to be with us for a long time. Barring, of course, an increase in the cost of money or a significant slow-down of economic recovery impacting asset markets, yacht sales and prices should hold steady or firm up some more.&nbsp;To date, the surge in numbers and asking prices should provide a springboard for new investment in greener, more sustainable solutions. Younger owners are more attuned to environmental issues and likely more willing to pay a premium for effective solutions, but green has a long way to go to become mainstream.&nbsp;On the downside, there has been a lot of over-promising from many builders. We need to be ready for some disappointing and late deliveries from some yards, driven by not only Covid slowdowns but ongoing supply chain issues and some shipyards’ inabilities to scale-up fast enough and reorganise workforces to the new levels that are now needed. <img src="https://photo-assets.superyachttimes.com/photo/30084/image/large-e016b312a20bbe2e5945ea5a8e60c192.jpg" data-gid="gid://syiq/Photo/30084">

Interview with Stuart Larsen of Fraser Yachts

SYT sat down with broekr Stuart Larsen of Fraser Yachts to talk about his exceptional year.