Talal Abdin Nasralla will move into a new role at <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> as the company’s Chief Executive Officer. He first joined the United Arab Emirates-based shipyard in 2020 as the Chief Strategy Officer. Now, he hopes to implement <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>’s “new global growth strategy” as CEO. <img src="https://photo-assets.superyachttimes.com/photo/187250/image/large-bd118e8385e07c27d3b5fc335ffea558.jpg" data-gid="gid://syiq/Photo/187250">In the past, Abdin Nasralla worked in the banking sector and played a role in fundraising and managing large-scale projects in hospitality and real estate. Turning his focus to the yachting sector, <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>’s new CEO hopes to strengthen the shipyard’s development.&nbsp;On the appointment Abdin Nasralla said: “Gulf Craft pioneered professional yacht and boat building in the UAE and is today one of the world’s first and only fully integrated production facilities. Operating from its hubs in the UAE and the Maldives, the company’s build and design quality and performance have earned the admiration of the global yachting industry. With the deep experience and insights of our Chairman and the board guiding us, we will leverage <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a>’s competencies as a proud ‘Made in UAE’ company delivering world-class yachts to the world.” &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/36590/image/large-d6e309d5b9179e029b6f8d2954f1a514.jpg" data-gid="gid://syiq/Photo/36590">Gulf Craft’s Chairman Mohammed H. Alshaali added: “Building on our nearly four decades of heritage in yacht and boat manufacturing, we are now focused on an expansion strategy that will take the <a data-gid="gid://syiq/Company/955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Craft (Company)">Gulf Craft</a> brand to new territories globally. Talal, who brings over 15 years of experience, will lead our management team to strengthen the company’s position as a global industry leader.”

Talal Abdin Nasralla new Gulf Craft CEO

Talal Abdin Nasralla 

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Gulf Craft Marketing 

Talal Abdin Nasralla is the new Gulf Craft CEO –news just announced by the United Arab Emirates shipyard. 

Gulf Craft appoints banker Talal Abdin Nasralla as new CEO

US-based brokerage company <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> has announced its expansion into Europe with a new sales and charter office in Monaco and the appointment of Cristian Schwarzwalder as the new Director of Sales in Europe.<img src="https://photo-assets.superyachttimes.com/photo/272816/image/large-7da4f174b280d659ee8ea57348ecb177.jpg" data-gid="gid://syiq/Photo/272816">The expansion marks a significant milestone for <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> and will be a huge benefit to <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 U.S. clients, who are keen on purchasing yachts in the region. In the three years since it was founded, <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> now operates from five offices, spanning three countries and two continents.Read:&nbsp;<a data-gid="gid://syiq/Article/55264" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Newly founded FGI Yacht Group is making waves in the industry (2022-06-14 14:00:00 +0200)">Newly founded FGI Yacht Group is making waves in the industry</a><img src="https://photo-assets.superyachttimes.com/photo/295452/image/large-cbed391bbf06e373438df773d5720163.jpg" data-gid="gid://syiq/Photo/295452">Cristian Schwarzwalder joins the <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">Group</a> with a wealth of invaluable knowledge and experience of the industry. He previously held positions at several leading European shipyards, with an understanding in sales and new construction to international clients.&nbsp;“I am incredibly excited about this new opportunity, and looking forward to helping <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI</a>’s U.S. clients to access the European market, and vice versa to help European clients access the U.S. market,” commented Cristian Schwarzwalder.<img src="https://photo-assets.superyachttimes.com/photo/230425/image/large-031eb8acd1c82b677cd95d558d82e2b8.jpg" data-gid="gid://syiq/Photo/230425">With a career spanning more than 25 years, Schwarzwalder has also forged an incredible network that will support <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 clientele in both Europe and the U.S. “We are thrilled to welcome Cristian to the team, and to expand our presence in Monaco,” added COO and Co-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>, Altea Llakmani.<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> Monaco will provide the company’s full spectrum of services, including yacht sales, charter and new construction. It will also uphold and strengthen <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 highly successful client-first approach.“Without a doubt, Cristian is fully aligned with our mantra to serve clients first and foremost. His years of experience and proven track record with U.S. and European clients serve to strengthen the chemistry in this relationship."

FGI Yacht Group expands to Europe with a new office in Monaco

FGI Yacht Group has announced its expansion into Europe with a new sales and charter office in Monaco.

FGI Yacht Group expands to Europe and appoints new Director of Sales 

In Cannes this September, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> unveiled the next steps of its systematic approach to achieving net-zero. A topic that has engulfed the superyacht industry, a number of builders – with <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> at the fore – are partnering with manufacturers and searching for solutions to the regulatory demands that are increasingly putting pressure on the sector. With the first yacht with fuel cells to be launched by the Italian yard next year, we sat down with CEO Massimo Perotti, to get a deeper insight into the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> strategy toward sustainability and to hear his perspective on how regulators should encourage the use of alternative propulsion systems across the industry.Could you elaborate on whether there are plans for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to offer alternative propulsion options for all vessels above a certain size in the future?It would be the ultimate goal to be able to offer all yachts with some form of alternative propulsion but unfortunately we do not know when we will be able to apply these technologies. It is not a problem of the engineering or the new fuels, but rather an issue with the potential infrastructure and distribution to support alternative propulsion methods. The most critical aspect is the global distribution of methanol and hydrogen. It's evident that substantial investments are necessary to address this issue and notably, major players in the shipping industry, such as Maersk, are actively involved in these efforts<img src="https://photo-assets.superyachttimes.com/photo/293397/image/large-a465a880baaefa108e734c7bf31217d9.jpg" data-gid="gid://syiq/Photo/293397">Does your team hope to collaborate with shipping companies and other key stakeholders?In terms of collaborations, our primary focus lies in working with suppliers instead of major shipping companies. However, it's worth noting that Maersk, a prominent player in that sector, recently initiated a program to secure €500 million in financing through a green bond. This bond, dedicated to the acquisition of ships powered by methanol, generated significant interest from financial investors, resulting in oversubscription seven times over and a total financing of €3.5 billion. This exemplifies the heightened interest of financial stakeholders in sustainability-related initiatives, which in the long term will have a positive impact on our industry.Beyond financing, we must address practical challenges related to the logistics of methanol and hydrogen distribution, particularly in key marinas. While facilitating the transport of cargo from major ports like Everglades, Miami, Genoa, Rotterdam, and Dubai presents relatively straightforward logistical solutions, the situation becomes considerably more intricate when dealing with yachts in remote locations such as the Greek islands.&nbsp;Regarding the global response to climate change, the pace of action may indeed accelerate as we experience more extreme weather events. However, it's important to acknowledge that the coordinated efforts of countries like India and China, both major contributors to global emissions, are essential in addressing these concerns. As European stakeholders, our capacity to effect change is limited until we see more substantial commitment from other significant players on the global stage.<img src="https://photo-assets.superyachttimes.com/photo/288449/image/large-ba7b6f7d71abb02034e71c17d7bb257a.jpg" data-gid="gid://syiq/Photo/288449">In Malta last year you mentioned an obstacle related to the IMO 500 GT regulations, and how having a fuel cell on a yacht might not align with this restriction. Could you elaborate on the implications of this limitation and how it impacts the integration of alternative propulsion systems?The government's approach is aimed at supporting industries as they transition towards sustainable profitability. Unlike electric cars in Italy, which offer buyers incentives, we do not propose such incentives for superyachts. Instead, we believe that the additional costs associated with eco-friendly technologies should be borne by superyacht owners.However, when I engage with a customer and explain that choosing a fuel cell system over a conventional thermal generator results a considerable amount of money&nbsp;, it understandably becomes a significant financial consideration. This consideration is further compounded when they realise that accommodating the fuel cell requires the reduction of the master cabin's size by around 18 square-metres. This, indeed, poses a significant challenge.Our proposal is a collaborative effort, requiring no additional expenditure. We suggest that all stakeholders convene to reconsider the regulations governing the 500-GT calculation. Specifically, we propose allowing deductions for spaces dedicated to sustainability, such as the 18 square-metres required for fuel cell placement. This change would be standardised across all shipyards.The current regulation, established in IMO 1969, is now five decades old. Since then, maritime technology has advanced significantly, with innovations like Selective Catalytic Reduction (SCR). These SCR systems can be as large as engines like an <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> with 2,000 horsepower.The inclusion of SCR is necessary for emissions control, but it utilises space that we propose to deduct. This deduction aims to avoid undue financial burden on customers. It's worth noting that the marine industry is evolving, and its growth is driven by two key players: customers and shipbuilders. Other stakeholders, such as journalists, captains, class societies, flag authorities, and legal professionals, contribute to making things happen in the industry.However, for the industry to thrive, the collaboration of customers and shipbuilders is essential. Our duty as shipbuilders is to design products that customers appreciate and are willing to invest in. The world is changing rapidly, and our industry must adapt to meet evolving demands, as highlighted during our discussions in Malta.Read:&nbsp;<a data-gid="gid://syiq/Article/58755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo receives certification from Lloyd's Register for fuel cell system (2023-10-03 11:00:00 +0200)">Sanlorenzo receives certification from Lloyd's Register for fuel cell system</a><img src="https://photo-assets.superyachttimes.com/photo/250520/image/large-0a3fbeca280e8c3933c53ff570e0aa4f.jpg" data-gid="gid://syiq/Photo/250520">You mentioned the relatively minimal impact of yachting on global carbon emissions. Considering the perception of yachting in the broader context, how do you believe that collectively, as an industry we can work to reshape this perception?To address this challenge effectively, it's crucial that we unite as an industry. A prime example of such collaboration is our work with <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SYBAss</a>, where we encouraged cooperation between industry stakeholders, including prominent marinas and journalists.&nbsp;*(We must rally together to protect the yachting industry as a whole, recognising that the relatively small carbon footprint (0.2% of 3%) of yachting pales in comparison to its social and economic impact.)*It's essential to communicate both the disadvantages and advantages clearly. Our industry isn't solely about super-rich oligarchs; it's also about the thousands of skilled European artisans who contribute to its success. It's about preserving an industry where Europe takes the lead. A yacht like a 60-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>, or <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is not something easily replicated in China. We must avoid losing an entire sector to emerging markets.This discussion involves two aspects. Firstly, there's the need for technological advancements to reduce carbon emissions, focusing not only on engine efficiency but also on carbon capture from the atmosphere, which is more impactful in the long run.However, there's another aspect related to our lifestyles. We must embrace a less consumer-driven approach, reminiscent of our parents' generation, where one coat at a time sufficed, rather than accumulating numerous items with slight variations. Shifting our perspective towards valuing a simpler, less materialistic life is a step toward putting human well-being at the forefront.This article was originally published in Issue 3 of&nbsp;<a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How To Build It</a>, you can&nbsp;<a href="https://www.superyachttimes.com/magazine/how-to-build-it-issue-3" target="_blank">download the magazine for free here</a>.

In coversation with Sanlorenzo CEO Massimo Perotti

Francesca Webster sits down with Massimo Perotti, CEO of Sanlorenzo, to unpack the yard’s journey toward a more sustainable superyacht fleet.

The path to Zero: Massimo Perotti on Sanlorenzo's sustainability strategy

<a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Jet Tenders</a> has announced the approval of HVO100 fuel (hydrotreated vegetable oil) for use on all its <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> 4JH engine-powered tenders, including the <a data-gid="gid://syiq/Tender/10598" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Dieseljet 4154.12m (13'6&quot;)Williams Performance Tenders2021 Tender">DieselJet 415</a>, <a data-gid="gid://syiq/Tender/9404" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Dieseljet 4454.45m (14'7&quot;)Williams Performance Tenders Tender">445</a>, and <a data-gid="gid://syiq/Tender/9405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Dieseljet 5055.03m (16'6&quot;)Williams Performance Tenders Tender">505</a>, and SOLAS 505. The announcement follows the successful first stage testing on selected DieselJet engines.<img src="https://photo-assets.superyachttimes.com/photo/295335/image/large-4f50e309262999e57cf068471cffdd89.jpg" data-gid="gid://syiq/Photo/295335">In this strategic move towards eco-responsibility, the UK-based company shared that all new product developments powered by these diesel engines will utilise HVO100. Looking to the future, <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams</a>’ vehicles, such as delivery vans in addition to <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> 4LV powered models are considering a shift to HVO100 once more testing has been completed.Sarah Moore, Sustainability Specialist at <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Jet Tenders</a>, reflected on the news: “We are committed to finding innovative sustainable solutions that reduce the direct emissions impact from our factory and our vehicles. By using UCO HVO, a renewable fuel made from waste cooking oil, we will accelerate our efforts to decarbonise. We hope that by using HVO in our fleet and in our approved test boats, we will raise awareness of the benefits of switching to alternative fuels. As we carry out exploratory testing on our products, it will allow us to confirm HVO use in more of our tenders, enabling us to achieve a greater reduction in our carbon footprint as more <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Jet Tender</a> engines are approved for use.”<img src="https://photo-assets.superyachttimes.com/photo/295336/image/large-a6cf245ac1ac99d6e9cbde3232faa97e.jpg" data-gid="gid://syiq/Photo/295336">UCO HVO fuels have a range of sustainability benefits including reducing greenhouse gas emissions. These fuels are made from waste cooking oil, thus decreasing reliance on fossil fuels. In comparison to conventional diesel, UCO HVO also produces fewer particulates, sulphur and nitrogen oxides, in turn reducing pollution.Floris Lettinga, Director of Sales and Marketing at <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> Marine International commented, “<a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> Marine International is proud to partner with <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Tenders</a>, a collaboration perfectly aligned to <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a>’s commitment to sustainability. At <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> Marine International, we prioritise environmental responsibility, and this partnership highlights our ongoing dedication to our wider Green Challenge 2050. By integrating <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a>’s HVO approved engines across the Williams Tenders' range of boats and vehicles, we are not just propelling innovation; we are supporting our customers in propelling a sustainable journey towards a cleaner future. Together, we help our customers navigate the steps towards optimising cutting-edge technology with environmental consciousness.”<img src="https://photo-assets.superyachttimes.com/photo/295337/image/large-92e3053169a10061684f2e51a6b62819.jpg" data-gid="gid://syiq/Photo/295337">This announcement is part of <a data-gid="gid://syiq/Company/4203" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Williams Performance Tenders (Company)">Williams Jet Tenders</a>’ broader commitment to sustainability which has included several initiatives so far, with more set to be revealed in 2024.

Williams Jet Tenders approval of HVO100 fuel 

In a step towards environmental sustainability, Williams Jet Tenders has shared the  approval of HVO100 fuel for use on selected tenders.

Williams Jet Tenders announces the approval of HVO100 fuel 

Written for the 3rd Issue of&nbsp;<a href="https://www.superyachttimes.com/magazine/how-to-build-it-issue-3" rel="noopener noreferrer" target="_blank" title="">How to Build It</a>&nbsp;magazine by Ralph Dazert and Justin Ratcliffe.&nbsp;<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has gone from strength to strength since Frans <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> acquired the local yard Striker Boats in 1978. According to our own market intelligence, over the last 10 years the shipyard has delivered an average of three to four yachts per year with an annual turnover of around €200 million.A small industrial town in the southern Netherlands about 90 minutes by car from Amsterdam’s Schiphol Airport and far from the sea, is not the most likely place to find one of the world’s top superyacht shipyards. Nevertheless, the municipality of Oss is home to <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>, one of the area’s biggest employers with approximately 500 staff on its payroll and up to 500 more engaged as external contractors.Following the war in Ukraine and the sanctioning of one of its UBOs, last year <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> announced that the company ownership “is once again 100 percent Dutch” and controlled by a Dutch foundation presided over by former <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> CEO Arthur Brouwer, now Niels Vaessen and Chairman of the Supervisory Board, Anjo Joldersma. Coming in the wake of the Covid crisis, the shipyard handled a tricky situation speedily and transparently with no effect on production or sales.<img src="https://photo-assets.superyachttimes.com/photo/187162/image/large-2a66a2332500b5f0ebf24d96a5d4a8a4.jpg" data-gid="gid://syiq/Photo/187162">“The transition to a Dutch foundation has not impacted <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>'s day-to-day operations,” says Mark Cavendish, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s CCO, who returned as a board member after Friso Visser stepped down from the role earlier this year. “The change in ownership structure was primarily aimed at ensuring long-term stability. And yes, we do expect this structure to remain in place in the foreseeable future.”While the yard’s original shed is still in operation and currently houses the 50-metre full aluminium, semi-displacement Project Jade, there are no fewer than seven other construction halls, of which six contain covered drydocks. During our visit, there were nine new-build projects in various stages of construction at the shipyard. Another four projects were in earlier stages of construction elsewhere in the Netherlands and two further yachts were undergoing sea trials.While <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> outsources the construction of its steel hulls in the north of the country, it builds its aluminium hulls in-house in Oss (the aluminium superstructures are made close to the yard by a local subcontractor). In 2000 the shipyard established its own furniture factory, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts Interiors</a>, when it acquired the Oortgiese company close to the Dutch-German border, but it also works with external contractors for the interiors.The science of speculation<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> is a leading exponent of building superyachts on speculation, but the practice requires deep pockets and brings inherent risks. <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> CCO Mark Cavendish explains: &nbsp;“The decision-making process for starting a new spec build involves many factors, such as – but not limited to – the level of inquiries for certain yacht models or sizes, the availability of capacity in our sheds, financial considerations, the capacity of our workforce – you name it. Our management team will make the final decision, but all departments give their input in order to have full buy-in when we make the choice for a new speculation yacht to start. However, in the end, the choice always remains somewhat of a calculated risk. At <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, we’re well prepared to take this risk, as we have shown over and over across several decades that we are very good at selling yachts.”The fact that even its series yachts have custom interiors by established international designers would seem to add an extra dimension to speculation projects in terms of costing. Series yachts are sold at fixed prices, but presumably some designers cost more than others?<img src="https://photo-assets.superyachttimes.com/photo/294877/image/large-307f5ade526df2ad8caa0e1bc2c05b02.jpg" data-gid="gid://syiq/Photo/294877">“The choice of a certain designer over another for a new speculation project does not really have a significant impact on the price of a yacht,” continues Cavendish. “We set a budget for the designer and some parameters for them to work with. However, if the designer has a particularly good idea, but it would stretch the budget, then we can be flexible if we think it will make for a more attractive yacht commercially.”The power of threeOver the years, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>'s product strategy has evolved to suit market needs but has generally aimed at combining series, semi-custom and full custom production. The current business model is centred on three distinct product lines: Series, Smart Custom, and Full Custom, which offer varying degrees of personalisation and speed of delivery. At first glance, this is confirmation of the way the company was already operating, but the difference lies in the messaging: “The aim was to bring more clarity to our product offering by refining our terminology,” explains Cavendish. “In a competitive market, a clear proposition is vital for success.”There is a lot of fudging when it comes to defining what terms like ‘series’, ‘semi-‘ and ‘full-custom’ actually mean in the superyacht world and the lack of clarity can sometimes be misleading. <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> likes to keep the record straight, not least as an aid to managing its own clients’ expectations.“For instance, if a client arrives late in the build cycle and wants all kinds of changes, we have to gently explain what we can and cannot do,” says former CEO Arthur Brouwer. “We have to be very careful that these instances don’t start a snowball effect in our production that takes up too many resources. If there is a significant delay in the build cycle of one project, it can affect others and that can be very risky for the shipyard. We have managed significant changes without issues, but there have been others where we felt we couldn’t accommodate all the changes requested and had to let the customer go.”Series production has traditionally been <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s bread and butter, accounting for up to half of its production. It is important to note, however, that the interiors are always customised and only six to 12 units in each series are built. Moreover, as in the automotive world, a life-cycle change is introduced after every fourth to sixth hull (the latest in these periodic changes is the new 50-metre Steel series designed by <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a> announced at FLIBS last year). This allows products to be adapted to the market and technological developments, while avoiding over-supply of the same yachts down the line when they enter the pre-owned market.<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> has the in-house engineering capacity for one or two full-custom project like Project Skyfall (now <a data-gid="gid://syiq/Yacht/8982" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ultra G60.0m (196'10&quot;)Heesen Yachts2023">Ultra G</a>) and <a data-gid="gid://syiq/Yacht/9081" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sparta67.0m (219'10&quot;)Heesen Yachts2023">Project Sparta</a> per year. Any more and it has to start in-sourcing some expertise as the lead times for the engineering are that much longer. Alongside that it can handle a Smart Custom project and two or three series yachts.&nbsp;“We can adapt our workflow, but the stretch starts when we have two Smart Custom projects that begin close together, for example, because we have to scramble all our resources at the pre-production stage,” says Brouwer.<img src="https://photo-assets.superyachttimes.com/photo/294878/image/large-134a4ef8a5985318779ba1a4b4302e50.jpg" data-gid="gid://syiq/Photo/294878">Bright ideasEver since Frans <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> agreed to build <a data-gid="gid://syiq/Yacht/2547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Octopussy 43.58m (142'12&quot;)Heesen Yachts1988">Octopussy</a> that broke the 50-knot barrier and was the fastest yacht in the world when delivered in 1988, technical innovation has figured strongly in <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s make-up. Nowadays that innovation is focused less on raw speed and more on combining performance with fuel economy. In 2013 it launched 65-metre <a data-gid="gid://syiq/Yacht/3676" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Illusion65.0m (213'3&quot;)Heesen Yachts2013">Illusion</a> (previously Galactica Star), the first yacht with a Fast Displacment Hull Form (FDHF) devised by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen Naval Architects</a>, which offers resistance values that are typically 20 per cent lower than a well-designed hard chine hull form at semi-displacement speeds. In 2014 it was the turn of 42-metre Alive (now <a data-gid="gid://syiq/Yacht/4639" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ares42.4m (139'1&quot;)Heesen Yachts2014">Ares</a>), the first yacht with a Hull Vane, a patented foil also by <a data-gid="gid://syiq/Company/460" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van Oossanen Naval Architects (Company)">Van Oossanen</a> that is fitted below the transom to reduce water resistance and pitching motions. Model tests at the towing tank of Wolfson Unit in Southampton showed fuel savings of 20 per cent at 12 knots and up to 23 per cent at 14.5 knots. In 2017 the yard delivered 50-metre <a data-gid="gid://syiq/Yacht/5959" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Home49.8m (163'5&quot;)Heesen Yachts2017">Home</a>, the first hybrid-powered Fast Displacement yacht (the entire <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> range is now offered with hybrid propulsion). Last but not least, 80-metre all-aluminium <a data-gid="gid://syiq/Yacht/7394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Genesis80.07m (262'8&quot;)Heesen Yachts2023">Genesis</a> (previously Galactica), its largest yacht to date, features a patented ‘Backbone’ structure for additional rigidity with zero weight penalty.Upcoming deliveries&nbsp;<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> has sold 37 yachts in total since 1 January 2013 for an average of 3.7 sales per year. These comprise 10 projects started for the client (Full Custom or Smart Custom) and 27 on speculation. 20 of the total number of sales were for yachts between 40 and 50 metres, 12 between 50 and 60 metres, and five over 60 metres LOA. At the time of writing, the company had 14 projects in build.<img src="https://photo-assets.superyachttimes.com/photo/256089/image/large-cb8b97e5eae6f99bd6b763a450a7df8e.png" data-gid="gid://syiq/Photo/256089">Starting on specWithin its three product lines, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> builds fast displacement and semi-displacement motor yachts in steel or aluminium between 49 metres (up from 37 metres not so long ago) and 80 metres, with a sweet spot somewhere in the middle. But the business strategy that <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> excels at is building yachts on speculation, a potentially risky practice that it has honed to perfection.These are the projects that the shipyard finances and starts building itself with the aim of selling them at a later point during construction (half of the projects currently in build were started on spec). The advantage is that owners don’t have to wait for so long for delivery and means the yard can guarantee availability to the market in the future. This proved especially true in the immediate aftermath of the Covid pandemic when demand exceeded supply. “Yacht building has changed insofar as you used to be able to plan a year or two in advance,” Brouwer notes. “Now you have to look four or five years ahead.”Key to the success of <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s on-spec build program is the close relationship it enjoys with the brokerage community. The annual <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> Ski Cup in the Italian Dolomites, for example, is a coveted trip among brokers. The event is all about having fun, but has a serious side too as a ‘thank you’ to their hard work during the course of the year. <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> has good reason to be thankful as the vast majority of sales, whether new-builds or pre-owned yachts, are concluded through brokerage houses. <img src="https://photo-assets.superyachttimes.com/photo/274630/image/large-1811b8f522d4b7b1daec47c955e8b180.jpg" data-gid="gid://syiq/Photo/274630">Bigger is not always bestThe current facilities in Oss, as well as the surrounding bridges and waterways, mean the shipyard cannot build much over 80 metres, but this is not seen as a drawback. The market for 90-metre plus superyachts is smaller and driven by a handful of yards like <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lurssen</a>, <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> and <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>. Attempting to break into a new category would also risk impacting the yard’s margins: “We are content with our current facilities in Oss and have no plans for a second facility,” says Cavedish. “We are committed to optimising our operations and delivering exceptional yachts from our existing premises.”Although no longer a family company, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> retains a familiar design DNA and a strong brand identity. This may be one reason why it has avoided joining the trend for building catamaran and explorer yachts. Its XV67 concept, for example, began life as the Xventure, a 57-metre expedition yacht, but has been restyled as a bluewater voyager that will inspire owners to venture into new terrain in 7-star comfort.“The XV67 designed by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> is not a rugged explorer with a utilitarian look as we’ve come to expect from explorer yachts,” says Cavendish. “On the contrary, it’s a concept design that belongs to our Full Custom yacht proposition, and is a refined luxury yacht with exploring capabilities.”<img src="https://photo-assets.superyachttimes.com/photo/294879/image/large-f713b89adbd0ef6e231956b39a08b3cb.jpg" data-gid="gid://syiq/Photo/294879">It is well known that superyacht sales are hard-wired into the global economy. With an ongoing war in Europe, shifting inflation and widespread recession on the cards, the economic outlook is far from rosy and SYT iQ registered a drop in new motoryacht sales over 40 metres of about 40 per cent during the first quarter of 2023 compared to the same period in 2022. <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s CCO, however, is confident that the company is better prepared than most to weather these market fluctuations and is not unduly perturbed by the uncertainty.&nbsp;This article was originally published in Issue 3 of How To Build It, you can&nbsp;<a href="https://www.superyachttimes.com/magazine/how-to-build-it-issue-3" target="_blank">download the magazine for free here</a>.

Heesen Yachts business brief

By changing its ownership structure and refining its product offering, Heesen Yachts has put out a very clear message to the market.

Resilience, growth & customisation: Exploring Heesen's business approach

Luxury yacht brokerage and charter company <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> has announced its expansion in the US, with a new office in the heart of Miami’s financial district.<img src="https://photo-assets.superyachttimes.com/photo/60233/image/large-cc9d0bab31947a2be3bc155e29fa9f17.jpg" data-gid="gid://syiq/Photo/60233">The new bright and spacious office is located on the 27th floor of the state-of-the-art 1450 Brickell office tower designed by the celebrated architectural firm, Nichols Architects.<a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a>’ expansion to the Brickell area, known as Wall Street South, comes on the heels of a number of leading hedge funds and tech companies such as Ken Griffin’s Citadel that have recently relocated to the area, and several prominent firms relocating their headquarters to South Florida including Carl Icahn’s Icahn Enterprises and Barry Sternlicht’s Starwood Capital Group.<a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> first opened its doors in South Florida over 20 years ago, and has grown from a very small team to 19 spanning charter, charter management, brokerage, and yacht management with a reputation for providing first class service.

Burgess opens new office in Miami’s financial district

Burgess has announced its expansion in the US, with a new office in the heart of Miami’s financial district.

Burgess opens new office in Miami, Florida 

<a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> is onboard software that creates better experiences for superyacht guests and makes daily life easier for superyacht crew. The ultimate onboard digital companion, YachtEye offers a comprehensive set of features for crew, accessible from mobile, tablet, TVs, and the web, whenever and wherever onboard.Developed around the ideas and feedback of superyacht crew members, <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> benefits all crew members onboard, across all departments.Read more to find out how yacht crew benefit from <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>.<img src="https://photo-assets.superyachttimes.com/photo/293758/image/large-e861fd888254ba19ea3d01ef05195bb8.png" data-gid="gid://syiq/Photo/293758">Everything in one place makes life easier for crewWith <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>, everything the crew needs is in one place. The ultimate onboard digital companion for crew, all of <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>’s features can be accessed on one centralised platform, available across mobile and tablet devices, TVs and the web.<img src="https://photo-assets.superyachttimes.com/photo/293754/image/large-390026edd00eebfbc46800d9f54fbde5.png" data-gid="gid://syiq/Photo/293754">• Before the trip, using <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> on the laptop, the Chief Officer can plan the trip itinerary and check the Tenders and Toys inventory, and the Chief Stew can adjust the menus, update the rotation statuses of the crew and the trip schedule.•&nbsp;During the trip, these crew members can then make quick adjustments to the menus, schedules, crew profiles and more with ease on their mobile devices from wherever they are onboard. <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> automatically refreshes for everyone onboard, so everyone can find the most up to date information.•&nbsp;Captain and interior crew benefit from an integrated system that allows for easy editing and updating of itineraries and schedules, eliminating the need for paper printouts and saving time. Menus, itineraries, destinations and daily schedules can all be accessed through <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>.•&nbsp;Find all of <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>’s features, all in one place, on the device of your choice. Whether checking the Bridge feature on the laptop in the bridge, seeing the journey progress on the onboard TV dashboards or taking a look at the daily schedule for the next day before going to bed, users can access <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>’s many features in one place from wherever they are onboard.<img src="https://photo-assets.superyachttimes.com/photo/293520/image/large-bcaf871c82671be3bc474149a03718d0.jpg" data-gid="gid://syiq/Photo/293520">Crew always prepared and informed Crew using <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> have a constant reference across the device of their choice. From viewing changes in the daily schedule to discovering passing-by yachts in the Yacht Radar tool or finding out the dinner reservation details, crew are able to access essential information easily and quickly.This level of access and information supports crew preparedness, especially for newer members, allowing them to perform their duties with confidence. Green crew are more confident with <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>, with constant access to the information they need at all times.All crew using <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> are aware of changes to the schedule, weather updates, facts and figures about the on and offshore surroundings and more.<img src="https://photo-assets.superyachttimes.com/photo/293756/image/large-52aac5582cf65252b493d7df529836af.png" data-gid="gid://syiq/Photo/293756">• If someone makes a change on <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>, such as adjusting the menus, the itineraries or the daily schedule, this is automatically refreshed for all users. This means that all crew are aware of updates and can regularly check the latest information on their mobile devices, wherever they are onboard.•&nbsp;<a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>’s features optimise organisation. For example, with the Schedule feature, deck crew are informed of the guests’ plans for the day so they can prepare tenders, toys and exterior spaces in advance. The chef knows when the guests have onshore lunch and dinner reservations, so can prepare canapes and snacks around this. Interior crew can easily keep track of the schedule and adjust it at the request of the Captain or guests.•&nbsp;Green crew have a constant source of updated information that they can continually refer to, making them more confident in their jobs and around guests.•&nbsp;<a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> facilitates seamless communication among crew members and across departments. With one centralised system for all departments, <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> creates swift and synchronised communication among crew, with everyone on the same page regarding changes, updates, and alerts.<img src="https://photo-assets.superyachttimes.com/photo/293740/image/large-de38eb6d25c9f2a72ebc78b22e3f83da.jpg" data-gid="gid://syiq/Photo/293740">Happier guests mean happier crewWith all information at their fingertips, guests feel at home onboard faster. Able to access key features like the daily schedule and the itinerary from the device of their choice, guests are more informed and relaxed about their trip, and aware of changes and updates.Before the trip, the initial questions of the guests are answered; prior to embarkation, guests can learn about the yacht, the trip schedule and more on <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>.<a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> means everyone onboard can find out the information they need, so everyone is at ease.<img src="https://photo-assets.superyachttimes.com/photo/286790/image/large-d99c04bb1efd88ec27a6e11df78d5ef0.jpg" data-gid="gid://syiq/Photo/286790">•&nbsp;<a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> contributes to guest satisfaction. Guests have the answers to many of their questions with YachtEye, meaning they are more relaxed and informed and can get to know the boat at their own pace.•&nbsp;Guests feel more in control knowing that the answers to many of their questions are available on their digital device. They don’t have to ask the crew everything, and can confidently discover the menus, journey details, schedules, tenders and toys and more on <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a>. When they do have requests from crew, they feel more informed, making communication smoother.•&nbsp;<a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> means that guests can view the most up-to-date information at all times on their mobile devices. For example, if a guest wants to order a cocktail, rather than asking the Chief Stewardess for a physical menu, waiting for it, and ordering, they can instead simply check the menus on <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> on their mobile phone and order what they’d like directly with the Chief Stew.To find out more about how <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a> makes the daily life of crew easier, head to the <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">website</a> or <a href="https://www.yachteye.com/book-a-demo" rel="noopener noreferrer" target="_blank" title="">book a demo</a> with the team.

How do superyacht crew benefit from YachtEye

YachtEye benefits superyacht crew and makes their daily life onboard easier.

How do superyacht crew benefit from YachtEye?

With nearly 18 years at the yacht brokerage firm <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, an impressive record with the completion of over 70 yachts sales up to 100 metres in length and 40 years in the yachting sector, Antoine Larricq has an abundance of experience under his belt. The past 12 months have set records for his career, with the sale of the iconic 97.2-metre <a data-gid="gid://syiq/Yacht/865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carinthia VII97.2m (318'11&quot;)Lürssen Yachts2002">Carinthia VII</a> last year, and the recent sale of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 89-metre <a data-gid="gid://syiq/Yacht/5732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Here Comes The Sun89.0m (291'12&quot;)Amels2016">Here Comes The Sun</a>. <img src="https://photo-assets.superyachttimes.com/photo/284673/image/large-c8531bb62ee1661fc0a9b655caa4c195.jpg" data-gid="gid://syiq/Photo/284673">Reflecting on 40 years in yachting and nearly 20 at&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>, what do you think are the keys to succeeding in brokerage?I never began my career with the idea or ambition to become a yacht broker. For me my focus was on the enjoyment and adventure of being at sea, the opportunity to travel and the freedom to explore. I worked on sailing yachts in my 20’s, later managing charter yacht fleets, and those experiences taught me the skills that I have continuously utilised throughout my career as a broker.&nbsp;So many of the young brokers today have come directly from university or college and are attracted to the industry for the perception of luxury that it emits, but they are missing the deeper knowledge that can only be gained by spending time onboard. In my view, you have to go through the whole spectrum of life at sea; spending time with crew, understanding the complexities of life onboard, repairing and cleaning a vessel, working in a shipyard – it is this that gives you a depth of understanding and teaches you that yachting is a human industry.&nbsp;The most successful brokers have an intimate knowledge of the way a yacht operates, and understand the value and importance of the crew. When a yacht is sold, crew contracts are discussed, renegotiated or terminated and that can be a very significant moment when it comes to the future operations of the vessel. Brokers need to know how to communicate with crew in order to properly evaluate and respect their needs, because this makes the biggest difference to the happiness of a yacht owner in the long term. <img src="https://photo-assets.superyachttimes.com/photo/265036/image/large-5987e39369b02d2bbc936cbfcf1007e8.jpg" data-gid="gid://syiq/Photo/265036">Congratulations for the closure of&nbsp;<a data-gid="gid://syiq/Yacht/5732" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Here Comes The Sun89.0m (291'12&quot;)Amels2016">Here Comes the Sun</a>&nbsp;in only five months, marking another major milestone in your career. Can you share an insight into this sale?We closed this sale in only 49 days from the moment my client stepped onboard – that is quite extraordinary. Part of the motivation for such a quick negotiation is that there are very few yachts of that calibre available on the market at this time and the buyer understood that we didn’t have time to wait.&nbsp;It is also a milestone for my career, because I have been working with this client for 25 years and that is a relationship that began with me managing his 27-foot cigarette boat. I am extremely proud of the relationship I have built over the decades with that client, who understands the value of a loyal long term relationship with a broker.&nbsp;You have a reputation for retaining clients and working with owners for decades, what do you think is the key to building close relationships and delivering exceptional service?Long term clients are a key element for the success of all major brokers, particularly those operating in the 50-metre plus sector and generally we are aware of which broker represents which owners. Collaboration is a cornerstone of success and there is definitely an etiquette when it comes to superyacht brokerage; for example not approaching represented owners directly, but doing so through their broker.&nbsp;Healthy relationships and respect between brokers and brokerage houses is absolutely essential for the success of the industry because we want owners to come away from a deal feeling like they got the best deal, and that it was a smooth experience. <img src="https://photo-assets.superyachttimes.com/photo/260705/image/large-8cb0f63902fad2db3f49c7b299e751c2.jpg" data-gid="gid://syiq/Photo/260705">You exhibited&nbsp;<a data-gid="gid://syiq/Yacht/865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carinthia VII97.2m (318'11&quot;)Lürssen Yachts2002">Carinthia VII</a>&nbsp;at the Monaco Yacht Show, unveiling her much anticipated refit. Can you share any insight into the exciting project you’ve been working on?<a data-gid="gid://syiq/Yacht/865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Carinthia VII97.2m (318'11&quot;)Lürssen Yachts2002">Carinthia VII</a> truly offers something totally unique. The yacht has undergone a thoughtful and respectful refit at Lürssen, with a refreshed interior, redesigned decks and modernised mechanics and she has completed her 20 year class survey.I had the pleasure to sail with her from Marseille to Nice following her recent survey and she is without a doubt one of the most spectacular yachts I've ever been onboard. We built a great relationship with her crew, and this intense refit period has been a challenge for them but we have carefully supported them through the process of preparing the yacht for showmode.&nbsp;Her new owner has been ambitious with the work but has done a fantastic job and we were very excited to present the vessel to the charter market in September.<img src="https://photo-assets.superyachttimes.com/photo/284675/image/large-072657f5074243423c8eb1413962e1dd.jpg" data-gid="gid://syiq/Photo/284675">Despite some very good sales this year, there are indications of a market slowdown. How do you expect the coming show season to unfold - are you optimistic?I remember speaking with shipyards in 2021 and they couldn’t believe the strength of the market, because they had been expecting a serious slowdown. Since then it has continued to strengthen and while things might be flattening, I think this show season will be very enlightening in regards to the state of the industry, but the reality is we cannot exist in a permanent boom. We have had a very good few years, far better than predicted and if the market begins to settle it will still be a busy and prosperous industry.&nbsp;However, as an industry we have only scratched the surface of the potential of clients who could own a yacht. We touch a very small percentage of the people who can afford to own a yacht and that offers an opportunity to the industry even in a time of market slowdown.After 40 years in the industry, what do you see as the most important developments in the sector?Sustainability is the most important conversation that we are having today. I don't mean that with regards to the propulsion alone, I'm talking about the crew, the management, the construction, design – the entire life cycle and management of vessels. There has been a huge amount of wasted energy in the way yachts are built and run and there is a lot of progress being made, but I believe this will define the way the industry evolves over coming years – brokerage included.&nbsp;We are also seeing a new generation of owners, with a different perspective on yachting and a different way of using their yachts. Even in the last few years we have seen owners spending more time onboard, which has led to an increased focus on noise pollution, security and connectivity.&nbsp;I think we are at the beginning of the change towards a more sustainable future. Five years ago we heard nothing about sustainability, hydrogen or the individual developments that shipyards are making. This week alone we have seen L<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">ürssen</a>’s first superyacht Cosmos move to outfitting, the first vessel of her size to be fitted with fuel cells, and F<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">eadship</a> is making strides with its first hydrogen powered yacht. The change will be gradual but this will make the biggest change in our industry over the coming decades.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/284674/image/large-82a4c380520eec50119df50a28dfe7fe.jpg" data-gid="gid://syiq/Photo/284674">Do you have any final words of wisdom for younger brokers?I would say it all starts with experience but intuition and education is incredibly important. Learning in this industry never ends, and as innovation and technology is changing every day, yacht brokers need to keep up to speed with all the latest developments in order to offer their clients the best service and advice.&nbsp;I would also say that at the heart of the industry is the experience of yachting itself. There is a preoccupation with luxury in the sector today, but at its core, people buy yachts to enjoy the raw experience of yachting and an obsession with luxury will not help you build relationships. &nbsp;

Interview with yacht broker Antoine Larricq

We sit down with Antoine Larricq, on his 40 years in the yachting industry.

Antoine Larricq on 40 years in yachting, Carinthia VII and his views on brokerage today

<a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a>, Queensland Australia has announced its expansion. Currently work is underway on brand new supersheds, with the addition of 50 percent more sheds and hardstand for improved boat maintenance and to meet the increasing refit demand.<img src="https://photo-assets.superyachttimes.com/photo/294377/image/large-3942536aff821e70fdc046d91da7d413.jpg" data-gid="gid://syiq/Photo/294377"><a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a>’ owner, Tony Longhurst commented on the expansion, “The development of major marine infrastructure marks a substantial step forward in our commitment to providing top-notch services to our valued clients”.&nbsp;Four years after opening, the Northern Superyard will shortly welcome new supersized sheds. <a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a> expansion will see the addition of 10 new 18-metres in height and 42-metres in length refit sheds, offering year-round weathering protection. The first of the sheds are currently open and the remaining nine are set to be prepared for visiting vessels in early 2024, joining the 70 already in operation onsite.Reflecting on the importance of this development Tony stated, “We are proud to provide the most sheds for any boat yard in the Southern Hemisphere. The benefits of undertaking work in sheds cannot be overstated. They provide owners with privacy and peace of mind knowing their vessel is sheltered from the harsh sun and elements.”<img src="https://photo-assets.superyachttimes.com/photo/294378/image/large-cbe4ac32a1d2913e5855941982b6d143.jpg" data-gid="gid://syiq/Photo/294378">In addition to new sheds, <a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a> has developed a new hardstand space for vessels up to 50-metres. This space will be equipped with full power and recycled water for boat maintenance.&nbsp;General Manager, Shane Subichin reflected on the designated “task-specific zones” which will be set up to cater to each aspect of boat maintenance and refit: “With these new work allocations, we anticipate a smoother workflow allowing us to meet and exceed the expectations of our clients in terms of delivery and quality.”The Dock 2 is set to be the final stage of <a data-gid="gid://syiq/Company/5437" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Boat Works (Company)">The Boat Works</a>’ expansion, including new offices and professional business suites overlooking the marina. “We are laying foundations for The Dock 2. The momentum is staggering, we are confident that these enhancements will not only elevate our capabilities but also contribute to the success of our onsite skilled marine trades and service capabilities and performance”, commented Tony.&nbsp;

The Boat Works doubles in expansion 

The Boat Works is expanding with the addition of 10 new supersheds, hardstand space for vessels and a second boutique office.

The Boat Works expands shed and hardstand space by 50 percent 

<a data-gid="gid://syiq/Company/5489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Premier Marinas Ltd (Company)">Premier Marinas</a> has announced the acquisition of the <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Wharf</a> site, including the Trafalgar Drystack, <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Shipyard</a>, and commercial properties in Portsmouth Harbour.<img src="https://photo-assets.superyachttimes.com/photo/294360/image/large-9e8744176107a116e0262608fee800db.jpg" data-gid="gid://syiq/Photo/294360">“The sale represents a strategic shift by the <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Group</a>, opening a new chapter not just for these facilities but for our entire group,” explained Jonny Boys, Managing Director of <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Group</a>.&nbsp;<a data-gid="gid://syiq/Company/5489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Premier Marinas Ltd (Company)">Premier Marinas</a>, renowned for their expertise in the marine sector, will continue to provide the high-quality services of <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Trafalgar Shipyard</a>, utilising their extensive experience from managing 10 marina sites across the South Coast.<img src="https://photo-assets.superyachttimes.com/photo/294359/image/large-91e1b094fbf43cdd3013b002e75af681.jpg" data-gid="gid://syiq/Photo/294359">The staff at the Drystack and <a data-gid="gid://syiq/Company/6318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trafalgar Shipyard (Company)">Shipyard</a>, will be transferring to <a data-gid="gid://syiq/Company/5489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Premier Marinas Ltd (Company)">Premier Marinas</a>, but will remain at Trafalgar Wharf. “This ensures that the level of service and experience you're accustomed to will continue seamlessly,” added Jonny Boys.&nbsp;“We’ve developed Europe’s largest indoor dry stack and a successful commercial shipyard, creating a vibrant hub for both marine and non-marine businesses. This legacy of innovation and excellence is something we carry forward with pride.”

Premier Marinas acquires Trafalgar Wharf

Premier Marinas has announced the acquisition of the Trafalgar Wharf site and Shipyard in Portsmouth Harbour.

Premier Marinas acquires Trafalgar Wharf site in Portsmouth Harbour

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> have announced the launch of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> Corporate Services, their new service for yacht owners, appointing Vincent McCartney as Managing Director. <img src="https://photo-assets.superyachttimes.com/photo/293866/image/large-bb91c4709a5d448a8e2bc8942ea6a3ca.jpg" data-gid="gid://syiq/Photo/293866"><a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> new service is being launched in partnership with the Fiduchi Group. This collaboration will ensure clients receive a high level of assistance, allowing <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> to support owners by simplifying the complexities of yacht ownership, reducing owner liability related to the yacht and providing guidance on tax efficiencies and compliance.As part of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> Corporate Services, clients will be offered the Fiduchi Group’s experienced expertise of over 40 years in handling the legal, administrative and financial aspects of yacht ownership.Paolo Casani, Group Chief Executive Officer at <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> commented, “Our global approach to improving the client experience, an approach where the client is at the centre of everything we do, has resulted in the development of a wide range of services and solutions facilitating every aspect of the yachting lifestyle. The addition of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> Corporate Services to the portfolio enables us to offer a truly holistic support network, redefining the concept of a ‘full-service yacht company.’”<img src="https://photo-assets.superyachttimes.com/photo/291804/image/large-20ec77dc56f3d874fccd9891705c5562.jpg" data-gid="gid://syiq/Photo/291804">With over 20 years of experience in corporate services and specialising in structuring corporate entities tailored for yachts and luxury assets since 2008, Vincent McCartney has been appointed as Managing Director. Vincent will be working from the principal office for <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> Corporate Services, based in Monaco.&nbsp;During his career Vincent has assisted some of the world's highest profile clients, providing them with custom services. His international experience will prove hugely beneficial in his new position; working as Managing Director of Corporate Service Providers in Switzerland and Malta, directorship roles in the Isle of Man and MLRO/Compliance Responsible in the Isle of Man and Switzerland.Reflecting on his new appointment, Vincent said, "I am immensely proud to join <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> to spearhead this new service line to their clients around the world. The very fact that <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> have taken the steps to launch this offering further demonstrates their commitment to lead the yachting industry and provide a truly all-encompassing yachting service to their clientèle.”<img src="https://photo-assets.superyachttimes.com/photo/275235/image/large-1fd1762e0a3473b7070473cadfd98618.jpg" data-gid="gid://syiq/Photo/275235">Paolo Casani commented: “I am delighted to welcome Vincent to <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> and to be launching our new Corporate Services offering. His experience will be a great asset to both the company and our clients.”David Hopkins, Managing Director at the Fiduchi Group praised the new partnership with the yacht brokerage, “Fiduchi is thrilled to embark on this exciting partnership with <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>, as we set sail on a journey to elevate the customer experience and redefine the world of yacht ownership."

Vincent McCartney and Camper & Nicholsons Corporate Services

Camper & Nicholsons has announced the launch of Camper & Nicholsons Corporate Services with Vincent McCartney as Managing Director. 

Vincent McCartney appointed Managing Director of new Camper & Nicholsons Corporate Services

Delivered in 2018, the luxurious 55-metre sailing yacht <a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a> is the largest authentic Phinisi yacht of her size. The vessel is currently owned by the Atzaro Group, who have experience in global luxury hotels, restaurants and beach clubs.<img src="https://photo-assets.superyachttimes.com/photo/295470/image/large-2f51455db5f23da40c313c5bf9ea401a.jpg" data-gid="gid://syiq/Photo/295470">The sailing yacht merges traditional Indonesian Phinisi design with opulent amenities, reminiscent of a spa. Showcasing a wooden hull, as many as 18 guests can be accommodated onboard the sailing yacht, across nine stylish staterooms, each of which is equipped with an exclusive ensuite, mini fridge, Smart TV and sound systems. <a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a>’s elegant suites are categorised into specific tiers: one master, one grand, two deluxe, three superior and two standard staterooms, taken care of by a crew of 21. SuperYacht Times takes a closer look onboard.<img src="https://photo-assets.superyachttimes.com/photo/45685/image/large-c005a498d3abfe3c84143d040b00ba4d.jpg" data-gid="gid://syiq/Photo/45685"><img src="https://photo-assets.superyachttimes.com/photo/295462/image/large-a25aad0f080fb8f120925d366b060c7b.jpg" data-gid="gid://syiq/Photo/295462">Serenity and simplicity are at the core of the yacht’s interior design. Entering the main saloon, soft linens in taupe and cream, blend with authentic wooden craftsmanship to create an inviting space. Neutral tones complement natural materials to enhance the warm ambiance. An extensive L-shaped sofa, featuring plush cream and beige furnishings surrounds a large coffee table, with adjacent footstools. Large windows line the saloon, allowing plenty of natural light to flood in throughout the day. An elongated dining table defines the saloon, complete with a plethora of seating, illuminated by an overhead lighting feature. This serves as the ideal spot for hosting lavish dinner parties onboard.<img src="https://photo-assets.superyachttimes.com/photo/295464/image/large-a2cbce08bf1718ee5971b99112a7816f.jpg" data-gid="gid://syiq/Photo/295464"><img src="https://photo-assets.superyachttimes.com/photo/295467/image/large-c108f48ebbed2cfb51b8b1b663407f65.jpg" data-gid="gid://syiq/Photo/295467"><img src="https://photo-assets.superyachttimes.com/photo/295469/image/large-d8a63be7808e0c0d935cc8358f250f7d.jpg" data-gid="gid://syiq/Photo/295469"><img src="https://photo-assets.superyachttimes.com/photo/295465/image/large-c650e8dde75fe6f7936c6ba69bfd75a7.jpg" data-gid="gid://syiq/Photo/295465">A neutral colour palette similarly extends across <a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a>’s air-conditioned staterooms, blending beige, cream, grey and ivory tones to create a serene and peaceful atmosphere. Warm wooden wall panellings, historical sculptures and wicker furniture also characterise the staterooms. Floor-to-ceiling windows reduce the barrier between the interior and exterior, with a thoughtful placed study desk in the master suite facing forward, overlooking the ocean. Close attention to detail is also evident in the sailing yacht’s ensuites, large glass mirrors, stone sinks and linen lamp shades further amplify the connection to nature. Framed wall art can also be found scattered throughout the yacht’s interior, paying homage to her heritage. <img src="https://photo-assets.superyachttimes.com/photo/45689/image/large-d6fd99a612e7498cc7d91b1b4e88886d.jpg" data-gid="gid://syiq/Photo/45689"><img src="https://photo-assets.superyachttimes.com/photo/295468/image/large-95a34dbfb42a8d3a0aeab32fb44cbe8b.jpg" data-gid="gid://syiq/Photo/295468">Designed with exclusivity in mind, the master suite is situated on the upper deck and offers 180-degree views for guests onboard, in addition to a private 20 square-metre terrace facing aft. Comfortable lounge areas are situated on the master stateroom’s private terrace, while her generous ensuite houses twin vanities and a double rain shower.<img src="https://photo-assets.superyachttimes.com/photo/295463/image/large-af0fde95a0adaee730bc7f6b4ec31d4f.jpg" data-gid="gid://syiq/Photo/295463"><img src="https://photo-assets.superyachttimes.com/photo/295457/image/large-db8faa34138f2fac32a99ebc74dadb07.jpg" data-gid="gid://syiq/Photo/295457"><img src="https://photo-assets.superyachttimes.com/photo/45688/image/large-1cb53533a703ca31b5b4a8d4806bf151.jpg" data-gid="gid://syiq/Photo/45688"><a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a>’s exterior deck space also ensures guests experience ultimate comfort. The upper deck serves as a peaceful yoga area and doubles as an outdoor cinema for guests to enjoy beneath the stars at night. In addition to this, an abundance of oversized sunloungers are situated on the upper deck for utter relaxation, while <a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a> offers large daybeds on the main foredeck. For formal dining occasions, the sailing yacht houses an extensive alfresco dining table, complete with cosy furnishings and idyllic sea-views. As well as promoting relaxation onboard, <a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a> also boasts an array of water toys and three tenders for guests to enjoy. <img src="https://photo-assets.superyachttimes.com/photo/295458/image/large-d62f211d52c6d47f4445c49e6c39d40b.jpg" data-gid="gid://syiq/Photo/295458"><img src="https://photo-assets.superyachttimes.com/photo/295459/image/large-2c4cf93d1e70f62720a889deadbf14da.jpg" data-gid="gid://syiq/Photo/295459"><img src="https://photo-assets.superyachttimes.com/photo/295461/image/large-ee3440b197c5487fd95aaf05c36c86ac.jpg" data-gid="gid://syiq/Photo/295461"><img src="https://photo-assets.superyachttimes.com/photo/295455/image/large-b18d509719ea066c2e838a07dd183344.jpg" data-gid="gid://syiq/Photo/295455">In terms of performance, <a data-gid="gid://syiq/Yacht/7769" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana55.0m (180'5&quot;)Unknown2018">Prana</a> can reach a top speed of up to 11 knots and a cruising speed of eight knots. The elegant yacht is currently available for charter with <a data-gid="gid://syiq/Company/2237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYachtsMonaco (Company)">SuperYachtsMonaco</a>, sailing amidst the Indonesian islands.&nbsp;

onboard 55m phinisi yacht Prana 

SuperYacht Times explores the interiors of the 55m sailing yacht Prana.

Exclusive look onboard 55m Phinisi sailing yacht Prana by Atzaro 

<a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> Shipyards has announced that construction of the <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> 57 hull F81 has begun at its facility in Pista, Italy. The 56.75-metre yacht will then move to the shipyard in Viareggio where she will be completed with an expected delivery date of summer 2025.<img src="https://photo-assets.superyachttimes.com/photo/295454/image/large-230eb238f9b3667e34e256090df97c1f.png" data-gid="gid://syiq/Photo/295454">The <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> 57 model showcases a steel hull and aluminium superstructure, displaying an abundance of space onboard. The motor yacht houses six large staterooms for guests and six cabins for crew. A notable feature onboard <a data-gid="gid://syiq/Company/162" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Codecasa S.p.A. (Company)">Codecasa</a> 57 hull F81 is her indoor lift, which will provide direct access to each deck.In terms of accommodation, the superyacht consists of one spacious owner’s suite and five sumptuous guest staterooms, designed to ensure guests feel utterly relaxed onboard.Regarding performance, the superyacht 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, reaching a top speed of up to 17 knots, with a range of 5,000 miles at 12 knots.

Codecasa 57 hull F81 now in-build 

Codecasa Shipyards announces that construction has begun on the Codecasa 57 hull F81, due for delivery in 2025.

Codecasa 57 hull F81 begins construction in Italy

The 26-metre <a data-gid="gid://syiq/Company/5574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Extra Yachts (Company)">Extra</a> motor yacht <a data-gid="gid://syiq/Yacht/8475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Haze26.0m (85'4&quot;)Extra Yachts2020">Haze</a> sold, with Michela Villa of <a data-gid="gid://syiq/Company/6515" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Villa Yachting (Company)">Villa Yachting</a> introducing the buyer and Jan Jaap Minnema of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/281706/image/large-71179f6d0a74ad7816d7d8b2c906c537.jpg" data-gid="gid://syiq/Photo/281706">On display at the <a data-gid="gid://syiq/Event/172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2023">Cannes Yachting Festival</a> this September, <a data-gid="gid://syiq/Yacht/8475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Haze26.0m (85'4&quot;)Extra Yachts2020">Haze</a> showcases a modern exterior design penned by <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>. Her interior stemmed from the drawing boards of <a data-gid="gid://syiq/Company/4998" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lawson Robb (Company)">Lawson Robb</a> and her naval architecture was crafted by <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a>. Up to eight guests can be accommodated across her four spacious staterooms, with space for a crew of four.<img src="https://photo-assets.superyachttimes.com/photo/175913/image/large-5920831e726c22e1fc1935864068bf97.jpg" data-gid="gid://syiq/Photo/175913"><img src="https://photo-assets.superyachttimes.com/photo/175914/image/large-5cc0347993cc9959e7967eaf792fa0f2.jpg" data-gid="gid://syiq/Photo/175914"><img src="https://photo-assets.superyachttimes.com/photo/175912/image/large-cc03889b68589891cee03c2e1eb12227.jpg" data-gid="gid://syiq/Photo/175912"><a data-gid="gid://syiq/Yacht/8475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Haze26.0m (85'4&quot;)Extra Yachts2020">Haze</a> houses a large main saloon, lined with extensive windows, ensuring the space remains bathed in sunlight throughout the day. Showcasing a large U-shaped sofa, surrounding low-level marble coffee tables and a neighbouring formal dining area, the motor yacht displays a sophisticated design.<img src="https://photo-assets.superyachttimes.com/photo/175911/image/large-841f3324cbab25500ade5e10328cea73.jpg" data-gid="gid://syiq/Photo/175911"><img src="https://photo-assets.superyachttimes.com/photo/175910/image/large-cb7a30bd807163c04fbfff5f5bd0d527.jpg" data-gid="gid://syiq/Photo/175910">A contemporary aesthetic similarly extends across the yacht’s staterooms. She boasts a full-beam master suite, while minimalistic furnishings and muted tones characterise the staterooms.<img src="https://photo-assets.superyachttimes.com/photo/175904/image/large-d5ffc5a0ea931a412f4482b84dbbd57f.jpg" data-gid="gid://syiq/Photo/175904"><img src="https://photo-assets.superyachttimes.com/photo/175903/image/large-e97511f388adc9072c18d7e5362c6036.jpg" data-gid="gid://syiq/Photo/175903"><img src="https://photo-assets.superyachttimes.com/photo/175902/image/large-0b0269833ab468c392cb4678bff9c091.jpg" data-gid="gid://syiq/Photo/175902"><img src="https://photo-assets.superyachttimes.com/photo/175901/image/large-7f2717142c3fc1b965cfa044d2ae9578.jpg" data-gid="gid://syiq/Photo/175901"><a data-gid="gid://syiq/Yacht/8475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Haze26.0m (85'4&quot;)Extra Yachts2020">Haze</a> houses an expansive sundeck, complete with luxurious sunpads, a large fitted sofa and comfortable furnishings, allowing guests to soak up the sun as they indulge in unobstructed panoramic views. In addition, she displays an extensive beach club and swim platform at her stern.<img src="https://photo-assets.superyachttimes.com/photo/175879/image/large-462bbc94792cb868b294640febeb308b.jpg" data-gid="gid://syiq/Photo/175879"><img src="https://photo-assets.superyachttimes.com/photo/175878/image/large-63674b3f37d68a84aae6bcebe7d8ae8a.jpg" data-gid="gid://syiq/Photo/175878">Regarding performance, <a data-gid="gid://syiq/Yacht/8475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Haze26.0m (85'4&quot;)Extra Yachts2020">Haze</a> is powered by 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, providing her with a top speed of up to 21 knots and a cruising speed of 12 knots. At the time of her sale, she had a last known asking price of €4,400,000.

Extra Yachts motor yacht Haze sold

The 26m Extra Yachts motor yacht Haze sold, she underwent an extensive refit last year.

26m Extra Yachts motor yacht Haze sold

Since reestablishing the shipyard and opening its doors in June 2022, the team at <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">Amsterdam Yacht Service (AYS)</a> has been bursting with refit projects. First opened in 1921, the shipyard in the Noordzee canal of Amsterdam’s NDSM port, is steeped in maritime history and the team are able to offer superyacht owners a unique combination of Dutch-pedigree expertise and innovative technology. This year the yard has turned its expertise to a number of complex projects, as well as expanding its facilities, and we took a closer look at a number of works recently completed at the yard. <img src="https://photo-assets.superyachttimes.com/photo/294924/image/large-13e5f8017a619407af231c62dc00b564.jpg" data-gid="gid://syiq/Photo/294924">An iconic 56m&nbsp;<a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a>&nbsp;sailing yacht refitOne of the most ambitious refit projects so far undergone by <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">Amsterdam Yacht Service</a>, the refit of an iconic 56-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> sailing yacht is due to be completed in the coming weeks. Coordinated in close collaboration with the yacht’s experienced owner, the refit has demonstrated the breadth and depth of the A<a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">YS</a>’ skill. The team also completed works to restore the yacht’s teak decks, as well as the sail winches and they repaired and refitted her windlass.Robert Binnekade, <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">AYS</a> Director, commented; “As the owner informed us that he intends to sail the yacht extensively, we were keen to ensure that we brought her technically up to speed once again, ready for sailing regattas. As <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> no longer exists as a yard, there was an extra challenge for us as a shipyard to ensure that all of the vessel’s technology was working perfectly: from her engines to her shaft alignment and onboard systems. This was a challenge which we rose to, and we are so proud of the results!”<img src="https://photo-assets.superyachttimes.com/photo/294923/image/large-9357b72f4efee779db06e63d78d489e8.jpg" data-gid="gid://syiq/Photo/294923">Due to the length of the vessel the shipyard was required to demolish part of its shed and add a temporary extension, with the superyacht being transported in and out of the shed by means of a SPMT (Self Propelled Motor Trolly). Since the delivery of the yacht to her owner, the temporary extension has been removed, however new doors have been added in its place with a 12 metre opening, allowing for the accommodation of larger projects in the future. The shed has also benefited from a number of improvements, including an upgraded lighting system, a full repaint and a new fire suppression system.<img src="https://photo-assets.superyachttimes.com/photo/294921/image/large-48a7e895b6744142a02e3839fc565de6.jpg" data-gid="gid://syiq/Photo/294921">Bespoke approach in the refit of 26m Arrabida&nbsp;The aluminium schooner Arrabida was successfully redelivered to her owner earlier this year following an extensive and highly bespoke refit. The yacht received a major paint job on her topsides which required the <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">AYS</a> team to remove all the stainless steel fittings and the many water stays found on this kind of boat. They also implemented a comprehensive galvanic isolation programme to separate the electrical systems and avoid direct current flow. We designed and installed the bushings and plates to ensure the aluminium and stainless steel were kept well apart and avoid any oxidation in the future.<img src="https://photo-assets.superyachttimes.com/photo/294930/image/large-1449de4964377c9ba097dc832d5f8cee.jpeg" data-gid="gid://syiq/Photo/294930">Other aspects of the refit included various repairs on the deck and the wooden cleats which had been subject to storm damage. One of the hydraulic power-packs was also replaced and <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">AYS</a> were tasked with a complete overhaul of her propeller and the related shaft, tunnel and variable pitch controls. Wear patterns on the tunnel showed that it was misaligned by some eight millimetres, an unusual find that meant the team had to cut out the original shaft tunnel and replace it with a new aluminium section. A new propeller shaft tunnel was then drilled, this time with the precise alignment required.Robert Binnekade explained, “As well as demanding the flexibility to adapt to complex changing requirements, this kind of challenge requires a great deal of knowledge and technical prowess. We successfully completed everything in-house leveraging on our yard’s experience not only with yachts but also with the demanding propeller installations required on the canal boats of Amsterdam. Arrabida’s refit is a fine example of the way the team works together to complex an advanced custom refit project, that was carefully aligned with the owner and which was completed with complete transparency in terms of costs.”<img src="https://photo-assets.superyachttimes.com/photo/294922/image/large-e528bb315f032c15a97b84bc5ce226fa.jpeg" data-gid="gid://syiq/Photo/294922">Other recent works&nbsp;Previously known as Commercial Break, the 28-metre Moonen motor yacht <a data-gid="gid://syiq/Yacht/4361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Trooper27.43m (89'12&quot;)Moonen Yachts2003">Trooper</a> arrived in Amsterdam in November 2022 following her sale. Hauled out ahead of her inspection and undergoing an underwater paint repair, the yacht received a full hydro-jet of her new underwater hull, and a full paint job of her superstructure and top sides, restoring her back to her former glory. We disassembled and reassembled all of her hatches, doors, railings, tables and more, alongside refreshing her masts with all of the antennae and associated navigation equipment, repairing her teak deck, cleaning her propellers and replacing her water seal.<img src="https://photo-assets.superyachttimes.com/photo/294929/image/large-a00a9c7a55488f4668d860b9b81934c1.jpeg" data-gid="gid://syiq/Photo/294929">One of the largest yachts to undergo works at <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">Amsterdam Yacht Service</a>, the historic converted superyacht <a data-gid="gid://syiq/Yacht/1098" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sherakhan69.65m (228'6&quot;)Scheepswerf A.Vuyk & Zonen1966">Sherakhan</a> underwent a number of complex in-water maintenance works. These included the repair of various outboards and valves, fixing her depressurised fire fighting system, the modification of her masts and antennas, the repair of the passerelle and aluminium works, as well as installing a new rudder control system.<img src="https://photo-assets.superyachttimes.com/photo/294926/image/large-00a2c8fe9c27dbd8592e02a7c43dedee.jpg" data-gid="gid://syiq/Photo/294926">With a focus on the full range of superyacht services, new-build, maintenance and refit, <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">Amsterdam Yacht Service</a> is ideally placed to assist with all aspects of your winter works. The yard has undergone extensive expansion over the past year, both in its facilities and its personnel to ensure that it has the skills and space in-house to complete all levels of complex works. Shipyard director Robert Binnekade says: “With all of these upgrades to our facilities underway, it has been an extremely busy time for us at <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">Amsterdam Yacht Service</a>. We are looking forward to showcasing more of our upcoming projects in the coming months and continuing to prove to the industry what our incredible team is capable of, and the impeccable standards of work which we are consistently able to deliver.”To find out more, or to reach out to the team, get in touch with <a data-gid="gid://syiq/Company/6695" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amsterdam Yacht Service (Company)">Amsterdam Yacht Services</a> now;&nbsp;

At the yard with Amsterdam Yacht Service

We took a closer look at the recent works undergone at Amsterdam Yacht Service.

A closer look at refit and expansion at Amsterdam Yacht Service

Yacht fires and casualties of 2023

SuperYacht Times has rounded up all the casualties (and near casualties) for 2023.

A full round-up of yacht fires and casualties of 2023

The 40.25-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy</a> superyacht <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a> has joined the market. The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is represented by <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> and showcases a sleek silhouette. With a beam of 8.5-metres and a draft of 1.89-metres, <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a> can access remote anchorages.<img src="https://photo-assets.superyachttimes.com/photo/291017/image/large-32872df87e97d92a824859cede283ae0.png" data-gid="gid://syiq/Photo/291017">The <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features both exterior design and naval architecture crafted by <a data-gid="gid://syiq/Company/35" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubois Naval Architects Ltd. (Company)">Dubois Naval Architects</a>, while her interior stemmed from the imagination of <a data-gid="gid://syiq/Company/41" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald Starkey Designs (Company)">Donald Starkey Designs</a>. Up to nine guests can be accommodated across the superyacht’s four sumptuous staterooms, with space for a crew of six, including the captain of <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a>.<img src="https://photo-assets.superyachttimes.com/photo/291018/image/large-fe4c9ba8d69d6df963e955af9e5fdefa.png" data-gid="gid://syiq/Photo/291018"><img src="https://photo-assets.superyachttimes.com/photo/291020/image/large-298081249cd41b8b3b1b065d3cc49012.png" data-gid="gid://syiq/Photo/291020"><img src="https://photo-assets.superyachttimes.com/photo/291019/image/large-f8ffc43bd4c6ef77dacd9d7b3e880f12.png" data-gid="gid://syiq/Photo/291019">The <a href="https://www.superyachttimes.com/yachts/alloy/for-sale" rel="noopener noreferrer" target="_blank" title="">Alloy yacht for sale</a> displays a spacious main saloon, featuring a formal dining area forward and a cosy lounge area. Meticulous wooden craftsmanship extends throughout the yacht’s interior, showcasing a neutral colour palette. <img src="https://photo-assets.superyachttimes.com/photo/291022/image/large-0fa1153f0bb0d542f915a1dc9b598ff9.png" data-gid="gid://syiq/Photo/291022"><img src="https://photo-assets.superyachttimes.com/photo/291024/image/large-6f09cb76df408434804f7ca159624073.png" data-gid="gid://syiq/Photo/291024"><img src="https://photo-assets.superyachttimes.com/photo/291023/image/large-61b9098cbadb4c339bb77ab9a2ed9781.png" data-gid="gid://syiq/Photo/291023"><a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a>’s accommodation consists of two double staterooms and one twin stateroom with an additional pullman berth situated on the lower deck, while the full-beam owner’s suite is located on the main deck forward. Each stateroom is equipped with opulent ensuites, displaying an elegant aesthetic, while the owner’s suite features a lounge area, his-and-hers ensuite, alarge dressing room and a private office, enhancing the sense of exclusivity onboard.<img src="https://photo-assets.superyachttimes.com/photo/291021/image/large-03cae57b8cf569beb19b99c1d25fecb3.png" data-gid="gid://syiq/Photo/291021"><img src="https://photo-assets.superyachttimes.com/photo/291026/image/large-f753ee16fa947f3b135a5bd6e7d819a7.png" data-gid="gid://syiq/Photo/291026">The <a href="https://www.superyachttimes.com/yachts/ad-lib/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Ad Lib for sale</a> has been designed with entertainment in mind, showcasing a plethora of space across her exterior decks. The motor yacht’s sundeck houses a forward flybridge area, showcasing forward-facing comfortable seating and steps leading to the wheelhouse, aft is a hardtop equipped with skylight windows. An alfresco dining area is situated beneath the hardtop, while a wet bar is positioned towards the stern. For guests looking to soak up the sun, the aft deck boasts a luxurious Jacuzzi and oversized sunpads.<img src="https://photo-assets.superyachttimes.com/photo/291027/image/large-496e11eea6f2c8532c6699d8e03d6e1c.png" data-gid="gid://syiq/Photo/291027"><img src="https://photo-assets.superyachttimes.com/photo/291032/image/large-5f8323cf1cc1875b535e3f1cc17dae25.png" data-gid="gid://syiq/Photo/291032"><img src="https://photo-assets.superyachttimes.com/photo/291033/image/large-63150041a90cf43f8eb3a9ae1f603f0a.png" data-gid="gid://syiq/Photo/291033">In addition, the main deck aft houses a formal dining table, with plenty of seating, offering unobstructed ocean-views. <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</a> is also equipped with a side-opening tender garage for storage.<img src="https://photo-assets.superyachttimes.com/photo/291031/image/large-499a90324bafb04e14630cee84eaa8ea.png" data-gid="gid://syiq/Photo/291031"><img src="https://photo-assets.superyachttimes.com/photo/291034/image/large-e3bc8aa0b12b9a36529e9c5582ce5ede.png" data-gid="gid://syiq/Photo/291034">Regarding performance, <a data-gid="gid://syiq/Yacht/1001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ad Lib40.25m (132'1&quot;)Alloy Yachts2005">Ad Lib</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, providing her with a top speed of 16.5 knots and a cruising speed of 13 knots.

Alloy motor yacht Ad Lib for sale 

The 40m Alloy superyacht Ad Lib joins the market, represented by Burgess.

40m Alloy superyacht Ad Lib joins the market 

Technology group <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> has announced the addition of four methanol engines to its portfolio. Focusing on innovation and environmental responsibility, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> will add the <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 20, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 31, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 46F and <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 46TS to its engine collection, all of which will be capable of operating with methanol fuel.<img src="https://photo-assets.superyachttimes.com/photo/295431/image/large-df4470e8e8df641f279fdb1d17bfa5ba.png" data-gid="gid://syiq/Photo/295431">Methanol is one of the primary alternative fuels for the shipping industry to work towards net-zero carbon emissions by 2050. For example, ‘green’ methanol can be produced using renewable energy sources and carbon-neutral technology, making it both eco-friendly and carbon neutral. It can also be stored and transported using the existing infrastructure for conventional liquid fuels, making it easy to integrate into current shipping operations.Roger Holm, President of <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a>’s Marine Power business stated, “Decarbonisation is front and centre to our strategy going forward, and the development of engines capable of running on future fuels is crucial to that. <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> takes an innovative approach to supporting the marine industry’s transformation to more sustainable operations, and this broad range of methanol engines emphasises this.”<img src="https://photo-assets.superyachttimes.com/photo/295433/image/large-fdedfb267066e2c4891698d32bc44bf5.jpg" data-gid="gid://syiq/Photo/295433">Methanol upgrades are either available or under development for the <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 31, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 32, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 46F, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 46TS and <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> ZA40S engines, while the <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 20 engine family can be ordered with methanol combustion capabilities. By ensuring these engines can operate on methanol fuel, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> has expanded its reach to a variety of vessels across the marine industry.“<a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> is backing its extensive experience with strong investments in developing new fuel flexible technologies and products. We recognise that it is vital for ship owners to have maximum flexibility and to keep options open as the industry navigates the uncertain pathway to net-zero, and we are working hard to deliver this operational flexibility. Our track record is already very solid, and this expanded engine portfolio adds to both our accomplishments and our long-term commitment to the maritime industry,” commented Stefan Nysjö, Vice President of Power Supply, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> Marine Power.<img src="https://photo-assets.superyachttimes.com/photo/295432/image/large-f53bb9bfde8abe6fcb8f8a92b468a115.png" data-gid="gid://syiq/Photo/295432">Last year, <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> introduced the <a data-gid="gid://syiq/Company/1438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wärtsilä (Company)">Wärtsilä</a> 32 Methanol engine and the MethanolPac storage and supply system. These were among the first solutions available for using methanol as a fuel in the maritime industry. The four new methanol engines added to the group’s collection are set to be available for deliveries from 2025 onwards.

Wärtsilä introduces four new methanol engines 

Wärtsilä announces the addition of four methanol engines to its portfolio in a step towards sustainability. 

Wärtsilä announces the addition of four methanol engines to its collection

<img src="https://photo-assets.superyachttimes.com/photo/286552/image/large-dd15c04419c8428d967e6cde745cb275.jpg" data-gid="gid://syiq/Photo/286552">Seen here anchored in Cannes, in the south of France, during <a data-gid="gid://syiq/Event/172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2023">Cannes Yacht Show 2023</a>, is the 85.3-metre superyacht <a data-gid="gid://syiq/Yacht/6018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold85.3m (279'10&quot;)Silver Yachts2019">Bold</a>. Crafted by <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">SilverYachts</a> and delivered to her owner in 2019, the motor yacht, designed by <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a>, boasts a unique glass-enclosed loft on the upper deck, covering over 300 square-metres. Styled as a New York loft by <a data-gid="gid://syiq/Company/899" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silver Yachts (Company)">Silver Yachts</a>, the modern interior accommodates up to 12 guests in eight luxurious staterooms. <a data-gid="gid://syiq/Yacht/6018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold85.3m (279'10&quot;)Silver Yachts2019">Bold</a>'s distinctive features include two helicopter landing pads, two 9.5-metre <a data-gid="gid://syiq/Company/2810" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rupert Marine AB (Company)">Rupert Marine</a> tenders, and an impressive 5,800-nautical-mile autonomous range. Explore <a data-gid="gid://syiq/Yacht/6018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold85.3m (279'10&quot;)Silver Yachts2019">Bold</a>'s iconic features <a data-gid="gid://syiq/Article/53463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bold’s most iconic features (2021-07-30 14:15:00 +0200)">here</a>.

85m explorer yacht Bold in Cannes

The 85m explorer yacht Bold, built by Silver Yachts, is seen here anchored in Cannes. 

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