<a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, a brand of <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>, has announced the delivery of the first <a data-gid="gid://syiq/Tender/10212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini 6319.2m (62'12&quot;)Tecnomar2020 Tender">Tecnomar for Lamborghini 63</a>, the first collaboration between the prestigious car brand and the luxury yacht builder.<img src="https://photo-assets.superyachttimes.com/photo/201592/image/large-e90f60b5bcada9eab2f02470f078b783.jpg" data-gid="gid://syiq/Photo/201592">The yacht's owner declared during the delivery, “It is a profoundly emotional moment, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> Team has realised a unique yacht with incredible performances, a true jewel of the sea.”<img src="https://photo-assets.superyachttimes.com/photo/201597/image/large-a82badd84be2211b89842f74aa43392e.jpg" data-gid="gid://syiq/Photo/201597"><img src="https://photo-assets.superyachttimes.com/photo/201598/image/large-3b14db6b03662dc86ac51daf65c6024d.jpg" data-gid="gid://syiq/Photo/201598">Stefano Rutigliano, Strategy Director of Automobili Lamborghini commented, “ We are proud to witness the essence of Lamborghini’s DNA now sailing at sea with the same attitude as our super sports car face the pavement. This yacht represents how shared values and the perfect synergy of the two teams are the key to the realisation of excellent products.”<img src="https://photo-assets.superyachttimes.com/photo/201596/image/large-f86ad17b30c6e3002c8588ac66abc1f9.jpg" data-gid="gid://syiq/Photo/201596"><img src="https://photo-assets.superyachttimes.com/photo/201594/image/large-9290b803ceee703805f7f399f0655cd7.jpg" data-gid="gid://syiq/Photo/201594"><a data-gid="gid://syiq/Tender/10212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini 6319.2m (62'12&quot;)Tecnomar2020 Tender">Tecnomar for Lamborghini 63</a> is inspired by the Lamborghini Siàn FKP 37, the hybrid sports car anticipating the future with innovative design and details. The number 63 represents a multitude of elements, including the automotive brand’s foundation year, CEO G. Constantino’s birth year, the yacht’s maximum speed, and the length of the yacht measured in feet.<img src="https://photo-assets.superyachttimes.com/photo/201600/image/large-5cca20f6c45328962c0e97e0751d17ea.jpg" data-gid="gid://syiq/Photo/201600">Performance-wise, thanks to the yacht's twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> V12 2000 horse-power engines, the <a data-gid="gid://syiq/Tender/10212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar for Lamborghini 6319.2m (62'12&quot;)Tecnomar2020 Tender">Tecnomar for Lamborghini 63</a> is the fastest yacht in <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>’s fleet, able to reach a top speed of 63 knots. The use of carbon fibre allows the yacht to remain ultra-light.<img src="https://photo-assets.superyachttimes.com/photo/201589/image/large-516484fb754f20dfd2da981cc9bd37ba.jpg" data-gid="gid://syiq/Photo/201589">

Tecnomar deliver first Tecnomar for Lamborghini 63

Tecnomar for Lamborghini 63 yacht anchored

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Tecnomar for Lamborghini 63 yacht cruising 

Tecnomar for Lamborghini 63 yacht interior detail

Tecnomar for Lamborghini 63 yacht stateroom

Tecnomar for Lamborghini 63 yacht wheelhouse

Tecnomar, brand of The Italian Sea Group, have announced the delivery of the first Tecnomar for Lamborghini 63.

The <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a> has announced the release of the updated, comprehensive <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l, following its initial launch at last year’s <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>.<img src="https://photo-assets.superyachttimes.com/photo/332126/image/large-873d3f6bc0bc8a25e9cc3cc43b149437.jpg" data-gid="gid://syiq/Photo/332126">Spearheaded by Dickie Bannenberg of <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> and co-created with the <a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>’s Sustainable Yacht Design Taskforce, the refined Protocol now offers a more detailed, actionable framework aimed at embedding sustainability into yacht design from the outset.The latest edition of the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l covers nine key topics that provide designers with essential sustainability principles, helping them to guide clients towards environmentally responsible decisions when planning new builds. The Protocol stands as a vital tool for achieving a unified industry vision, addressing the environmental impact of yachting with concrete solutions that can be adopted across the sector.<img src="https://photo-assets.superyachttimes.com/photo/332131/image/large-e51cb2c79cda69137e3a681309476924.jpg" data-gid="gid://syiq/Photo/332131">The Designers’ Protocol&nbsp;Launched originally at the <a data-gid="gid://syiq/Event/182" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2023">Monaco Yacht Show 2023</a>, the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l has evolved into a comprehensive document that underscores the growing importance of sustainability in yachting. The protocol addresses areas such as the Life Cycle Approach, operational profiles, energy efficiency, and key technical details like hotel loads, air conditioning systems, glazing treatments, and hull colour—all crucial for reducing a yacht’s environmental footprint.Read:&nbsp;<a data-gid="gid://syiq/Article/58745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Designers' Protocol unveiled: The next step towards sustainable superyacht design (2023-10-02 12:30:00 +0200)">The Designers' Protocol unveiled: The next step towards sustainable superyacht design</a><img src="https://photo-assets.superyachttimes.com/photo/332129/image/large-6dc6f05b8b1e897016661ba999e4e21c.jpg" data-gid="gid://syiq/Photo/332129"><a data-gid="gid://syiq/Company/5877" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Water Revolution Foundation (Company)">Water Revolution Foundation</a>'s Sustainable Yacht Design Taskforce, in collaboration with major design studios, suppliers, and naval architects, has shaped the document into a standardised guide for designers. This effort aims to ensure sustainability is integrated into every phase of yacht construction.A panel discussion held during the <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show 2024</a> offered insights into the Protocol's development. Moderated by Francesca Webster, Editor in Chief at <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>, the session featured Dan Wupperman, Head of Group Initial Design at <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a>; Tanno Weeda, Head of Design at <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>; and Matthew Anzardo, Global Segment Lead at <a data-gid="gid://syiq/Company/7254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AkzoNobel (Company)">AkzoNobel</a>.The panellists highlighted the importance of collective industry effort, noting that sustainable yachting cannot be achieved in isolation. "We need to make clients aware of what is possible in a comprehensive way and move forward accordingly together. Those who don’t join us will be left behind,” said Weeda.<img src="https://photo-assets.superyachttimes.com/photo/332130/image/large-b085238868148d120e0d46622a054c93.jpg" data-gid="gid://syiq/Photo/332130">Key advocates for changeThe Protocol reinforces the pivotal role designers play in shaping the future of yachting. As one of the earliest points of contact for clients, designers have a unique opportunity to influence environmentally responsible decisions. The Protocol equips them with the tools and knowledge to guide clients through the sustainability journey from the very beginning of the design process.“In general, most clients have been engaged by the ideas within the Protocol” added Wupperman. “While some were initially uninterested, once we start demonstrating the benefits and taking them through the process step by step, it opens the door to conversations.”The release of the refined <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l represents a collective commitment across the yachting industry. By uniting suppliers, designers, naval architects, and engineers, the document fosters a shared vision for advancing environmental responsibility. “It’s not one magic bullet – the whole industry must work together to make yachting more sustainable,” said Anzardo.As the yachting industry continues to evolve, the <a href="https://waterrevolutionfoundation.org/guidelines/designers-protocol/" rel="noopener noreferrer" target="_blank" title="">Designers’ Protoco</a>l serves as an essential resource, ensuring that sustainability is at the core of future yacht projects. Through broad collaboration and innovation, the Protocol offers a clear pathway towards a more environmentally conscious future for the yachting sector.

Designers’ Protocol: Updated version unveiled by Water Revolution Foundation

The Water Revolution Foundation has announced the release of the updated, comprehensive Designers’ Protocol 2024. 

Water Revolution Foundation unveils updated Designers’ Protocol at MYS 2024

Harrison MacManus joined <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">Yachting Partners International (YPI)</a>’s Monaco office as Charter Manager in November 2022, quickly adapting to his role. With eight years of experience as a crew member on superyachts, he brings a fresh perspective focused on consistent growth, inspired by Sir Dave Brailsford’s ‘one percent philosophy.’&nbsp;“We strive for marginal gains of one or two percent, as even small enhancements can lead to significant progress over time,” he explains. INEOS’s recent part-acquisition of Manchester United has inspired MacManus to think more creatively in the department's day-to-day practices. “We can always do better, dig deeper, find more for our clients”This approach has shown promise, with <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> reporting a 30 percent increase in revenue for their fleet of 13 superyachts this year-to-date, compared to 2023. To learn more about <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI’</a>s growth and the unique strategies driving it, we spoke with Charter Manager Harrison MacManus, who attributes this success to bespoke and data-driven client service.<img src="https://photo-assets.superyachttimes.com/photo/331230/image/large-c91f826fd52227fa19a68605d29a8828.jpg" data-gid="gid://syiq/Photo/331230">Boutique and data-driven serviceMacManus notes that the company has undergone substantial changes over the past 18 months, signalling “a new reset in its culture and mentality,” with “a distinct startup mentality emerging.” His aim is to create a boutique experience, especially for larger yacht owners who feel overlooked by bigger firms. “We want to assure clients that they will receive our full attention. Reporting is essential for keeping our clients engaged throughout the entire process. Our primary focus is to consistently deliver value at every stage,” he emphasises.One key shift that has bolstered <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a>’s charter division performance is the increased use of data and artificial intelligence. Beyond strategically enhancing business-to-business inquiries and leveraging AI to identify brokers with clients suited for the yachts they manage, the <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> team also provides data-driven insights on a weekly or monthly basis to the yacht owners they work with.<img src="https://photo-assets.superyachttimes.com/photo/332052/image/large-b990f60f600875572b9909a5854d0e8c.jpg" data-gid="gid://syiq/Photo/332052">“We send market reports and inquiry updates to our clients on a weekly basis, keeping them informed about changes in the industry, price drops and new yachts entering the market,” says MacManus. Upon joining the company, he realised the importance of expanding the reports to all clients, rather than just a select few.“Providing these weekly or monthly updates adds value and demonstrates the service we offer. It’s not just about presenting an offer and a contract; we want to maintain contact and show our interest and care for their yacht. We aim not only to provide a strong revenue stream for our clients but also to share our marketing expertise. Consistent reporting helps clients feel valued and informed,” explains MacManus.<img src="https://photo-assets.superyachttimes.com/photo/332064/image/large-94dfa085b9250823ce94c06a0dc7c228.jpg" data-gid="gid://syiq/Photo/332064">Informed decision making in a tight marketThe reports are semi-tailored, covering inquiries, booking levels, and year-on-year comparisons, while collaborating with marketing to provide insights on trends and yacht promotion. This service also allows MacManus to assess clients’ commercial mindset by prioritising those who view their yachts as revenue assets, while permitting others to opt out of data updates.“This year, charter clients have been particularly price-conscious,” MacManus observes, underlining the need for owners to align their expectations with market realities. While many owners see their yachts as prime investments, <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> focuses on providing accurate market data to facilitate informed decisions. Regular market reports are vital, as MacManus states, “They provide market knowledge and help owners understand when to adjust pricing or negotiate.”<img src="https://photo-assets.superyachttimes.com/photo/332066/image/large-57a93d2356d77113582e7cadca9e4e7a.jpg" data-gid="gid://syiq/Photo/332066">“We have helped our owners become more flexible and commercially oriented, largely due to our regular data updates,” he explains. Rather than suggesting arbitrary price cuts, MacManus stresses the importance of context and credible advice in navigating shifting market conditions. “By offering data and insights based on our historical knowledge, we ensure that our recommendations are informed and relevant,” he adds.Strategic and tailored marketing<a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> has collaborated closely with its marketing team to refresh the fleet’s image, ensuring each vessel remains relevant in the evolving market. This has contributed to <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> charter fleet revenue in the 20 to 35-metre segment surging by 185 percent this year-to-date, compared to 2023. In addition, yachts between 60 to 80 metres and above experienced a 69 percent increase.<img src="https://photo-assets.superyachttimes.com/photo/332065/image/large-6e222907edd116c149efa17f57440543.jpg" data-gid="gid://syiq/Photo/332065">MacManus attributes the notable increase in charter fleet revenue partly to a shift in owner mentality: “Owners are realising the need to reinvest in their products.” He cites a specific case where a yacht transformed its charter performance after adopting a cost-effective wrapping method, allowing significant aesthetic changes at a fraction of the traditional repainting cost.MacManus notes that, “these owner investments have been transformative, with the marketing team playing a crucial role in these improvements.” Indeed, “the previous marketing materials were inadequate for some yachts,” and new imagery to display the yacht’s features has played a crucial role in promoting them, particularly to a younger clientele. <img src="https://photo-assets.superyachttimes.com/photo/332071/image/large-72f2d0be1711627190c08357a00a2253.jpg" data-gid="gid://syiq/Photo/332071">The 35 to 60-metre segment experienced only a modest 10 percent increase, indicating intense competition: “There are simply too many boats in that range, and with more launching, competition will intensify next summer.” This highlights the necessity of a data-driven approach to tailor proactive marketing strategy.Looking Forward“Our fleet consists of only 13 boats, making every new client invaluable,” he adds. Over the past eight to nine months, <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> has refined its marketing strategies, ensuring every lead is pursued vigorously. “We are relentlessly connecting with charter brokers and clients and gauging their interest. You never know what opportunities may arise,” MacManus states. <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a> also embraces a “cube mentality,” providing charter management clients with access to in-house sales and yacht management services, and so on.”<img src="https://photo-assets.superyachttimes.com/photo/315923/image/large-a965b13162ae37322bcbc001bba44aa8.jpg" data-gid="gid://syiq/Photo/315923">In an ever-changing, high demand service environment “all of our clients have remained with <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">YPI</a>, which gives me confidence in our position. Our drive is to deliver, long -term, consistent value to our clients, resulting in long term relationships," he states, emphasising that consistency is key to continued growth. “For next year, our goal is to significantly increase our repeat business, showcasing the quality of experiences we provide. A strong track record of repeat clients demonstrates secure revenue streams for long-term success,” he concludes.

Yachting Partners International boosts charter revenue by 30%

Discover how YPI’s Harrison MacManus drives growth with bespoke service, data insights, and strategic marketing in superyacht charter management.

Early bird tickets for the seventh edition of the <a data-gid="gid://syiq/Event/245" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Crew Awards - 2024 - 7th Edition ">Crew Awards 2024</a>, organised by <a data-gid="gid://syiq/Company/7679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acrew (Company)">ACREW</a> are now available. Set to take place on 16 November 2024 from 18:00 to 01:00 at the Anantara Grand Hotel Krasnapolsky in Amsterdam, the event aims to recognise excellence and dedication in the superyacht industry.<img src="https://photo-assets.superyachttimes.com/photo/313062/image/large-c7de946fff01df7ed1324be089d7e63e.jpeg" data-gid="gid://syiq/Photo/313062">The theme for this year’s event is Crystal Gala, with the dress code of White Elegance promising to bring a sophisticated and stylish atmosphere to the evening. Attendees can expect a night of celebration, honouring the exceptional efforts of superyacht crew members, alongside networking opportunities with industry leaders and peers in one of Amsterdam’s most iconic venues.With 15 exciting categories, the judging panel, composed of former and current senior superyacht captains and industry professionals, have carefully assessed the nominees to ensure that excellence is duly acknowledged.The categories aim to encompass a diverse range of aspects within the superyacht crew industry, recognising excellence in various roles and responsibilities, from deckhands and engineers to chefs and stewardesses, ensuring that every individual's contribution is valued and celebrated.<img src="https://photo-assets.superyachttimes.com/photo/310143/image/large-d76252af6d32bb209a2c2753678757a2.jpg" data-gid="gid://syiq/Photo/310143">The 15 categories include:<ul><li>The Best Captain Master Unlimited- Sponsored by <a data-gid="gid://syiq/Company/3814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YPI CREW (Company)">YPI CREW</a></li><li>The Best Captain Master 3000GT- Sponsored by Nautica Assistance</li><li>The Best Captain Master 500GT- Sponsored by <a data-gid="gid://syiq/Company/3107" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Casa de Campo (Company)">Marina Casa de Campo</a></li><li>The Best First Officer Crew- Sponsored by <a data-gid="gid://syiq/Company/2989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cecil Wright (Company)">Cecil Wright</a></li><li>The Best Engineer &amp; ETO Crew- Sponsored by <a data-gid="gid://syiq/Company/5491" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OmniAccess S.L. (Company)">OmniAccess</a></li><li>The Best Chief Stew/Purser- Sponsored by Sea Emporium</li><li>The Best Social Influencer- Sponsored by <a href="https://www.yachteye.com/" rel="noopener noreferrer" target="_blank" title="">YachtEye</a></li><li>The Environmental &amp; Sustainability- Sponsored by <a data-gid="gid://syiq/Company/2719" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boero YachtCoatings (Company)">Boero YachtCoatings</a></li><li>The Best Chef- Sponsored by Gourmet Deliveries</li><li>Best Lead Deckhand/Bosun- GMC Yachting</li><li>Best Deckhand</li><li>Health &amp; Wellness</li><li>The Best Stew- Sponsored by Seably Mintra</li><li>Lifetime Achievement- Sponsored by <a data-gid="gid://syiq/Company/7352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zijlstra Interiors (Company)">Zijlstra Interiors</a></li><li>Best Superyacht- Sponsored by <a data-gid="gid://syiq/Company/4475" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ATPI Yacht Logistics (Company)">ATPI Yacht Logistics</a></li></ul>“This prestigious event promises a night of glamour and recognition, where the best of the best will be applauded for their hard work and commitment,” explained <a data-gid="gid://syiq/Company/7679" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acrew (Company)">ACREW</a>.<img src="https://photo-assets.superyachttimes.com/photo/310145/image/large-05f7a63b44c53d9e47d69a6c10da1727.png" data-gid="gid://syiq/Photo/310145">As well as this, the event includes many sponsors from prestigious brands and companies such as <a data-gid="gid://syiq/Company/4048" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Liquid Yacht Wear (Company)">Liquid Yacht Wear</a>, <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, <a data-gid="gid://syiq/Company/2256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="International Marine Management - IMM Yachting (Company)">International Marine Management</a>, GF Entertainment, <a data-gid="gid://syiq/Company/834" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Döhle Yachts (Company)">Döhle Yachts</a> and Howden Group, TridentTrust, Floatist, Colin Squire Publishing and official media sponsor <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>.

ACREW Crew Awards 2024 tickets now available!

Early bird tickets for the seventh edition of the Crew Awards 2024, organised by ACREW are now available.

ACREW Crew Awards 2024: Tickets now available!

For our latest Entrepreneur in Yachting feature, Francesca Webster sits down with her friend Mariangela Oliveri to discuss her luxury linens business <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>. Established in 2011, <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> has evolved into one of the premier sustainable linen companies for the yachting and aviation sectors over the past decade. We explored its inception, the challenges Mariangela faced in establishing a sustainable business before sustainability became a trend, and her conviction that quality and service are the keys to success in the superyacht industry.<img src="https://photo-assets.superyachttimes.com/photo/331994/image/large-c16f54ec63cb14a14d02590c1d28c25c.jpg" data-gid="gid://syiq/Photo/331994">What was the origin of the business and what is your background?&nbsp;Throughout my business degree my goal was to set up a company within the realm of luxury materials so I approached every class during my five year degree as an opportunity to develop the business plan. In fact, the original concept for <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> was the final essay at university, so although the company was founded in 2011, it had really been with me for years before then.&nbsp;After university, I decided that before establishing my own business, I needed to learn how to work within a team and to grow in practical experience. It felt presumptuous to assume I had all the answers without appropriate training, so I joined a company in Asia for five years importing luxury furniture design manufacturers. During that time I learnt how to work with different people, from various backgrounds and cultures and it taught me the skills that you need in order to manage your own team and your own clients. It was an incredible learning experience and gave me the opportunity to work in a varied and complex environment, and after five years I returned to Italy and began the research process for the business. <img src="https://photo-assets.superyachttimes.com/photo/331999/image/large-21757ca123fc9e37a78d60e699868147.jpg" data-gid="gid://syiq/Photo/331999">Why did you decide to focus on high-end, sustainable linens?&nbsp;I’ve always had a deep passion for quality and for me Italian linen is the supreme material with an amazing heritage, however the sustainable approach was not in my original concept. I wanted to offer the lineage of linen with a modern twist, but I didn't yet know what that twist was. I am an observer by nature and when I returned from Asia in 2011 sustainability was beginning to become mainstream, with eco foods in supermarkets for example and the demand was increasing . Sustainability was also becoming a buzz word in the media and I could see that it would only increase in significance, so I decided that founding the business with a truly green heart would set <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> apart from the rest of the market. That is when the struggle really started.At that time it was impossible to find refined sustainable fabrics. Everything on the market was rough and completely unsuitable to luxury linen products. That was a period of frustration and of almost giving up because once I'd set my heart on the sustainable element of the business there was no way that I was going back. It became absolutely central to my belief in the company.<img src="https://photo-assets.superyachttimes.com/photo/331998/image/large-5f21af1057a168c58caf722e89ffeb08.jpg" data-gid="gid://syiq/Photo/331998">How did you overcome that hurdle?I met with the owner of Italy’s largest fabric producer, and after an eight hour meeting managed to convince him to invest in a certified sustainable production line. He said, “If I can't convince you to change your mind about this approach in eight hours, you must be able to see something I haven't seen yet, so we will try it.” That was an amazing moment. Two years later, he had certified the entire production line of the company and had become one of the first sustainable fabric suppliers in Italy.&nbsp;So your investment in creating the business sustainably delayed the foundation of the company – why did it become so important to you?The answer is twofold. The first is ethical, but the second was strategic. I could foresee that sustainability would become an important factor of businesses in the future and fortunately reality has shown that my instinct was right. The decision to create a certified business from the ground up also means that everything we do is done in a sustainable way – our materials, work standards and business practices are routinely reviewed to ensure that we are maintaining the certified standards. When I see companies today launching ‘sustainable lines’ I know that it is greenwashing. You cannot be sustainable in one collection, it is a hypocrisy, either you believe in it and practise it throughout your business, or it is a gimmick to sell your products.&nbsp;What are some of the challenges you’ve faced since establishing the business?Well, aside from the initial challenge of finding the suppliers, we have faced many challenges in the past 13 years. Our first line was a kids bed linens collection because I thought mothers would be sensitive to the sustainability aspect, but it really didn't go as expected. I invested a lot of money and almost went broke. I realised that the market wasn’t ready for the sustainable topic to be the main focus of the business, so I developed the business model focusing on the concept of Italian quality, with an international service approach.&nbsp;Italian’s make wonderful products, and Made in Italy still carries a lot of weight internationally, but Italian companies are not good at marketing, customer service etc. So I decided to focus a lot of investment in our service offering, utilising my international experience to create something different and that is how <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> came to the yachting industry, where quality and service are most recognised.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/332000/image/large-90fdc1caae0a58aa21af956ebab21436.jpg" data-gid="gid://syiq/Photo/332000">When did yachting linens become the focus of the business?In about 2013 we decided to approach the yachting sector, making our first sales in 2014 and pulling the company out of some challenging financial times. Then things progressed quickly because we secured <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti</a> as one of our first clients. In fact when I went to Benetti to pitch our business, they had an array of linen suppliers on show, but by the end of our meeting we had secured our position as the exclusive supplier for the shipyard and that really established our relationship with the yachting sector.&nbsp;What do you think they saw in your products? What set&nbsp;<a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>&nbsp;apart?The quality of every single detail. Every piece that carries our label is checked by hand right down to the stitching because I want my team to be proud of every piece. We will take as long as it takes for it to be perfect and I think that sets us apart from other companies. I have a huge amount of respect for Hermes, which I believe is the only true example of true luxury brand. They continue to make their bags by hand, they aren’t interested in speed or numbers, they are focused on quality and that is my focus for <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a>. <img src="https://photo-assets.superyachttimes.com/photo/331993/image/large-f12efeba8de238fae187efa8cfdede06.jpg" data-gid="gid://syiq/Photo/331993">How have you maintained that level of control and what do you think are some of your keys to success?With a lot of saying no. The success of a brand is more in the no’s than the yes’s. We’ve been approached by retailers offering display space, but you will never find <a data-gid="gid://syiq/Company/7884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oliveri Linens (Company)">Oliveri</a> products on the shelf, we’ve also been approached to create products for under famous brands. Our know-how is precious to me and we will never supply our products under someone else’s label.The company is also completely self financed, so there are no investors telling me to cut budgets and increase production at the sacrifice of quality. I will make no compromises and that is really important to who we are. I also think that the most important thing when you’re an entrepreneur is that you involve everyone in your dream. From your suppliers, to your employees, you have to make them believe and in order to do that, you have to truly believe in yourself and in what you're doing. You have to be incredibly resilient as well, because it doesn't always go well, there are going to be challenges and in those times that belief is extremely important.&nbsp;This article was originally published in the 50th issue of the SuperYacht Times Newspaper,&nbsp;<a href="https://www.superyachttimes.com/newspaper/newspaper-issue-50" target="_blank">available for download here.</a>

Mariangela Oliveri sustainable linens

We sit down with Mariangela Oliveri to discuss her sustainable linens company.

Mariangela Oliveri on sustainable linens, building a business and the meaning of luxury

The 29.1-metre <a data-gid="gid://syiq/Yacht/9007" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SanLorenzo SL96/73429.1m (95'6&quot;)Sanlorenzo2020">Sanlorenzo SL96/734</a> motor yacht has entered the market with <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>. <img src="https://photo-assets.superyachttimes.com/photo/332073/image/large-04420906ba7596df29ed34d199eb245f.jpg" data-gid="gid://syiq/Photo/332073">Delivered by her Italian shipyard in 2020 as part of their <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> SL96 Asymmetric line, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design by <a data-gid="gid://syiq/Company/105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuccon International Project (Company)">Zuccon International Project</a>, interiors by <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Studio Laura Sessa</a>, and naval architecture crafted in-house by <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.<img src="https://photo-assets.superyachttimes.com/photo/332057/image/large-d8267dac635ac4a3567dd86299f6f690.jpg" data-gid="gid://syiq/Photo/332057"><img src="https://photo-assets.superyachttimes.com/photo/332047/image/large-e8a3196827f7655399c2480deea14d60.jpg" data-gid="gid://syiq/Photo/332047"><img src="https://photo-assets.superyachttimes.com/photo/332055/image/large-8d43075d0da855b9bfce5e6e491f145e.jpg" data-gid="gid://syiq/Photo/332055">With a volume of 100 GT and a beam of 6.79-metres, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo-sl96-734/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Sanlorenzo SL96/734 for sale</a> ensures plenty of room for those onboard to enjoy. Each stateroom is decked out with expansive windows for natural light, along with state of the art entertainment systems to keep guests comfortable during their stay.<img src="https://photo-assets.superyachttimes.com/photo/332050/image/large-4dd491628593422573331779099b8c44.jpg" data-gid="gid://syiq/Photo/332050"> <img src="https://photo-assets.superyachttimes.com/photo/332012/image/large-542fe4d52765e3a94162c39fdd36b386.jpg" data-gid="gid://syiq/Photo/332012"><img src="https://photo-assets.superyachttimes.com/photo/332014/image/large-ba1c19da988407b9afb7cc1d077f8f7c.jpg" data-gid="gid://syiq/Photo/332014">The <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale’</a>s modern interiors marry dark furnishings and walls with pale-coloured furnishings and detailing for a glamorous ambiance throughout.<img src="https://photo-assets.superyachttimes.com/photo/332058/image/large-779ece42156fe23fd8cdf0cd19856f3b.jpg" data-gid="gid://syiq/Photo/332058"> <img src="https://photo-assets.superyachttimes.com/photo/332015/image/large-90481423d2356e00e56acad94d5da437.jpg" data-gid="gid://syiq/Photo/332015"><img src="https://photo-assets.superyachttimes.com/photo/332016/image/large-307a734629bb0f2d013a403f18384aba.jpg" data-gid="gid://syiq/Photo/332016">When it comes to outside forms of entertainment, those onboard are invited to host alfresco meals in either the shade or sunshine, and socialise on plush outdoor seating arrangements with pops of eye-catching red colour.<img src="https://photo-assets.superyachttimes.com/photo/332021/image/large-50acde7bfd481a27a38305a718832db7.jpg" data-gid="gid://syiq/Photo/332021"><img src="https://photo-assets.superyachttimes.com/photo/332026/image/large-2b1d3870ae00146ff31f12421c8ba8bd.jpg" data-gid="gid://syiq/Photo/332026"><img src="https://photo-assets.superyachttimes.com/photo/332027/image/large-a6f95a87d9b3d7b3ba33114381a660c3.jpg" data-gid="gid://syiq/Photo/332027">In terms of her performance, the <a href="https://www.superyachttimes.com/yachts/sanlorenzo/for-sale" rel="noopener noreferrer" target="_blank" title="">Sanlorenzo yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines that propel her to a cruising speed of 26 knots and a top speed of 28 knots. <img src="https://photo-assets.superyachttimes.com/photo/332031/image/large-64392a20c4dd90f142515e5875d2bdd5.jpg" data-gid="gid://syiq/Photo/332031"><img src="https://photo-assets.superyachttimes.com/photo/332029/image/large-48c3b4434bd197e3f1cd7a3935d149c4.jpg" data-gid="gid://syiq/Photo/332029">

29m Sanlorenzo SL96/734 yacht for sale 

The 29.1-metre Sanlorenzo SL96/734 motor yacht has entered the market with Simpson Marine. 


The brand-new 23.99-metre Wally motor yacht <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> sold in a deal with Michele Lecce of <a data-gid="gid://syiq/Company/6490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Next Yachting (Company)">Next Yachting</a> introducing the buyer.<img src="https://photo-assets.superyachttimes.com/photo/332069/image/large-a8a7c024f129f2a60c3e2edd16d6b5e4.jpg" data-gid="gid://syiq/Photo/332069">Delivered in 2024 as the third hull in the wallywhy150 yacht series, <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> is constructed with a GRP hull and superstructure, with exterior design and naval architecture penned by her builder <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>. <img src="https://photo-assets.superyachttimes.com/photo/332068/image/large-220e576f0fb2bfd8745a8244468f85b8.jpg" data-gid="gid://syiq/Photo/332068">Characterised by an internal volume of 150 GT, the main saloon of <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> benefits from floor-to-ceiling windows, which illuminate her lounge and dining area. Her 2.5-metre ceiling height and flush decking also allow the saloon to merge seamlessly with her cockpit.<a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024"><img src="https://photo-assets.superyachttimes.com/photo/233571/image/large-f4a10353012d87bcea2a112e2b8faa33.jpg" data-gid="gid://syiq/Photo/233571">Didi</a> offers accommodation for up to eight guests across a four stateroom configuration, consisting of a full-beam forward-facing master suite on the upper deck with 270-degree views, while two doubles and a twin are situated on the lower deck.<img src="https://photo-assets.superyachttimes.com/photo/332067/image/large-48c7eb3cd0d6d6eb13a413c4ae1a17bb.jpg" data-gid="gid://syiq/Photo/332067"><img src="https://photo-assets.superyachttimes.com/photo/332070/image/large-b02579903ae53f17e718b4a63b1baf29.jpg" data-gid="gid://syiq/Photo/332070">In terms of performance, <a data-gid="gid://syiq/Yacht/12822" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Didi24.06m (78'11&quot;)Wally2024">Didi</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> IPS1350 engines, providing her with a top speed of 23 knots and a comfortable cruising speed of 21 knots. <img src="https://photo-assets.superyachttimes.com/photo/327279/image/large-59781695e377b9d1302e094c3efaec2c.jpg" data-gid="gid://syiq/Photo/327279">

24m Wally motor yacht Didi sold

The 23.99-metre Wally motor yacht Didi sold in a deal with Michele Lecce of Next Yachting introducing the buyer.

Brand-new 24m wallywhy150 motor yacht Didi sold

The 25.91-metre <a data-gid="gid://syiq/Company/670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hodgdon Yachts (Company)">Hodgdon</a> motor yacht <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> is on the market with Jason Duggan of <a data-gid="gid://syiq/Company/206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Partners International (Company)">Yachting Partners International</a>. <img src="https://photo-assets.superyachttimes.com/photo/223078/image/large-a53d2b819726111615c1c68711ab2157.jpg" data-gid="gid://syiq/Photo/223078">Delivered in 2013 and having undergone a refit in 2016, <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> features exterior design by <a data-gid="gid://syiq/Company/146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Donald L. Blount & Associates (Company)">Donald Blount</a> and <a data-gid="gid://syiq/Company/4640" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pininfarina (Company)">Pininfarina</a>, and interiors penned by <a data-gid="gid://syiq/Company/4404" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Whiteley Design (Company)">Mark Whiteley Design</a>. The <a href="https://www.superyachttimes.com/yachts/valyra/for-sale" rel="noopener noreferrer" target="_blank" title="">Valyra yacht for sale</a> was constructed entirely from carbon fibre by the <a data-gid="gid://syiq/Company/670" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hodgdon Yachts (Company)">Hodgdon Shipyard</a> at their Boothbay Facility in Maine. <img src="https://photo-assets.superyachttimes.com/photo/223080/image/large-a7b735f13af45cb94cff814945b0bfd7.jpg" data-gid="gid://syiq/Photo/223080"><a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a>’s major 2016 refit was carried out by her original shipyard, and the sport boat yacht has been under a maintenance agreement with <a data-gid="gid://syiq/Company/243" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich Shipyards (Company)">Rybovich Shipyards</a> in the years that followed, leaving her in stellar condition. <img src="https://photo-assets.superyachttimes.com/photo/223016/image/large-6b43fbd25ffe3db6147940dd475424c1.png" data-gid="gid://syiq/Photo/223016"><img src="https://photo-assets.superyachttimes.com/photo/223030/image/large-1b01f1ca500ee3fb24fee6d6c46acfd4.jpg" data-gid="gid://syiq/Photo/223030">With a volume of 63 GT and a beam of five-metres, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is capable of hosting as many as four guests across a two stateroom layout, while accommodation is also available for two crew members. <img src="https://photo-assets.superyachttimes.com/photo/223097/image/large-d493dc87d3a0f0d5bf1b13e436fc3c7a.jpeg" data-gid="gid://syiq/Photo/223097"><img src="https://photo-assets.superyachttimes.com/photo/223085/image/large-a61c0258df07fe64e3835ebd32a4f3cc.jpeg" data-gid="gid://syiq/Photo/223085"><img src="https://photo-assets.superyachttimes.com/photo/223087/image/large-71f74554066057e3732661ad0596d872.jpeg" data-gid="gid://syiq/Photo/223087">Throughout her opulent interiors, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> exhibits a largely neutral colour palette composed of brown, white, grey, and beige, for a timeless and chic aesthetic. Outdoors, guests are able to recline on soft sunpads, dine alfresco in the sunlight or shade, or take a plunge in the surrounding ocean via the swim platform. <img src="https://photo-assets.superyachttimes.com/photo/223022/image/large-d43e233b998eea0a17bb79c6f5b3a9fe.png" data-gid="gid://syiq/Photo/223022"><img src="https://photo-assets.superyachttimes.com/photo/223034/image/large-ba3955a21555e3d4ebeb1e1cbc1358bb.jpg" data-gid="gid://syiq/Photo/223034"><img src="https://photo-assets.superyachttimes.com/photo/223066/image/large-88a52ed10d5c05873b6d751e41e2c1ec.jpg" data-gid="gid://syiq/Photo/223066">The <a href="https://www.superyachttimes.com/yachts/hodgdon/for-sale" rel="noopener noreferrer" target="_blank" title="">Hodgdon yacht for sale</a> is fitted with a <a data-gid="gid://syiq/Company/2383" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seakeeper, Inc. (Company)">SeaKeeper</a> Zero Speed Stabiliser for a comfortable onboard experience. Performance-wise, <a data-gid="gid://syiq/Yacht/11944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valyra 25.91m (85'0&quot;)Hodgdon Yachts2013">Valyra</a> is powered by triple <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines and two Kamewa waterjets and a central booster that propel her to a swift top speed of 58 knots and a cruising speed of 37 knots. <img src="https://photo-assets.superyachttimes.com/photo/223072/image/large-50df0b4100df91c75a53f8a2173948fa.jpg" data-gid="gid://syiq/Photo/223072">

26m Hodgon yacht Valyra for sale 

The 25.91-metre Hodgon motor yacht Valyra is on the market with Jason Duggan of Yachting Partners International. 

26m Hodgon sport boat yacht Valyra on the market 

The 58.83-metre expedition yacht <a data-gid="gid://syiq/Yacht/697" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seawolf58.83m (193'0&quot;)J. & K. Smits Scheepswerven N.V.1957">Seawolf</a> has been relaunched following an extensive two-year refit at Falmouth shipyard <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis Shipyard</a>. The converted tug, which was originally built in 1957 by <a data-gid="gid://syiq/Company/20" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="J. & K. Smits Scheepswerven N.V. (Company)">J. &amp; K. Smits Scheepswerven N.V.</a> and converted in 2002 into a luxury yacht, arrived at <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> in March 2022. She has been spotted during sea trials in Falmouth Harbour.<img src="https://photo-assets.superyachttimes.com/photo/331622/image/large-c27c3a4908499fb4fa178e4144c17239.jpg" data-gid="gid://syiq/Photo/331622">Originally featuring a design by <a data-gid="gid://syiq/Company/578" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="DBR Huisman (Company)">DBR Huisman</a> who penned the lines and interiors of her four-year conversion in 2002, the yacht's rebuild and new design has been kept tightly under-wraps with few details about the work unveiled. In 2022, her owner shared that the extensive programme of works would include new guests and crew interiors, modifications to her exterior styling, engineering and mechanical works and a full repaint of her hull and superstructure.Currently able to accommodate 12 guests between six staterooms, she features one luxurious master suite, one VIP suite, two doubles and two twin staterooms. Over recent years, <a data-gid="gid://syiq/Company/209" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pendennis Shipyard Ltd (Company)">Pendennis</a> has built a solid reputation within the refit sector and has recently completed the restoration of yachts such as 58.8-metres <a data-gid="gid://syiq/Yacht/534" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marala58.8m (192'11&quot;)Camper & Nicholsons Shipyard1931">Marala</a> and more recently, the 68.8-metre conversion yacht <a data-gid="gid://syiq/Yacht/3535" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jester68.8m (225'9&quot;)OY Laivateollisuus1972">Jester</a>.&nbsp;To find out more about the yacht's original conversion, <a href="https://www.superyachttimes.com/yacht-news/motor-yacht-seawolf-conversion-story" rel="noopener noreferrer" target="_blank" title="">read our feature article from 2019</a>.

59m yacht Seawolf relaunched

The 59m expedition yacht Seawolf has been relaunched following a refit at Pendennis. 

59m expedition yacht Seawolf relaunched following two-year refit at Pendennis

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> has officially announced the addition of two new shareholders, the Italian investment company Holding Carisma led by Giovanni Cagnoli, and an unnamed Italian family of entrepreneurs. The new partners enter the company’s shareholding structure with 30% of shares, acquired in varying proportions from the existing shareholders, through a company set up for the purpose. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere della Marche</a>'s majority stakeholder remains Fil Bros, a company run by Tom Schröder, the owner of the 44.33-metre <a data-gid="gid://syiq/Yacht/10470" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lt. Pete Maverick Mitchell44.33m (145'5&quot;)Cantiere delle Marche (CdM)2024">Maverick</a>, which made her debut in <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes</a> this year. <img src="https://photo-assets.superyachttimes.com/photo/247252/image/large-61b746cbc710710c0b918f3424926429.jpg" data-gid="gid://syiq/Photo/247252">“The addition of these new extremely qualified partners to our shareholding structure makes us proud as it reflects their trust and appreciation for <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>’s history and its ability to constantly adapt successfully to an ever-changing luxury market’s environment. We are confident that the entry of these new partners will enhance our stability, our propulsive strength towards the future and provide valuable expertise in the luxury sector,” say Ennio Cecchini and Vasco Buonpensiere, co-founders and respectively President and CEO of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>.<img src="https://photo-assets.superyachttimes.com/photo/294457/image/large-9e3df3a986fd99eda28eb55f18e2bbda.jpg" data-gid="gid://syiq/Photo/294457">“Our new shareholders will be definitely a great support to our expected growth in the coming years, as they have already had the opportunity to prove to us: we can surely say that since the first days of our business talks, there has been no doubt about the potential of this synergy!” Adds Ennio Cecchini and Vasco Buonpensiere, “this is just another step into a more articulated and structured project that will position <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> more firmly at the pinnacle of the luxury yacht industry, following a precise long-term strategy.”“We are proud to support <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>’s management and Fil Bros in &nbsp;the development of the company with all our expertise and know-how,” says Giovanni Cagnoli, President of Carisma. “Carisma aims to contribute to the growth of Italian excellence in the luxury sector, and <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a> is one of these outstanding examples, specifically in the luxury yacht industry that, undeniably, represents the pinnacle of luxury itself. We believe that there are further growth opportunities and potential for the affirmation of this brand, which is becoming increasingly appreciated and recognised.”“Actually, we were not looking for partners, but when two entities of this caliber expressed interest in becoming part of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, we had no choice but to seriously consider their proposal. After just a few exchanges of ideas about possible strategies and synergies, it became clear that this new partnership would become a more than solid pillar to support the growth and development of our shipyard into the luxury market for the many years to come” concludes Tom Schröder, <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>’s majority shareholder.

CdM welcomes new stakeholders

The Italian shipyard Cantiere delle Marche has announced two new shareholders.

CdM announces new shareholders with 30% stake

<img src="https://photo-assets.superyachttimes.com/photo/331990/image/large-2ed6903ef30e52ba7e31a2f8115a707b.jpg" data-gid="gid://syiq/Photo/331990">Seen here cruising the River Thames in the United Kingdom, two weeks ago, is the 49.38-metre converted yacht <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a>. Originally built in 1970 as an ocean-going rescue tug, <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a> was converted into an expedition yacht in 2001 by <a data-gid="gid://syiq/Company/1070" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northport Engineering (Company)">Northport Engineering</a> in New Zealand. In 2019, she underwent a major refit by French studio <a data-gid="gid://syiq/Company/7008" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charles Zana (Company)">Charles Zana</a>, which gave her interior a modern yet classic feel. The refit included the addition of a spa pool on the top deck, new paint and a sun deck capable of landing a five-tonne helicopter. The 699 GT yacht boasts exterior design by <a data-gid="gid://syiq/Company/45" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pieter Beeldsnijder Design (Company)">Pieter Beeldsnijder Design</a> and naval architecture by her original builders. Inside, her bright interior benefits from large windows, while the aft saloon doubles as a library and movie room. Designed to navigate extreme environments, including polar regions, <a data-gid="gid://syiq/Yacht/1498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asteria49.38m (162'0&quot;)Anastassiades & Tsortanides1970">Asteria</a> is powered by a single <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engine, allowing her to cruise comfortably at 11 knots with a top speed of 14 knots.

49m converted yacht Asteria leaving London

The 49m converted yacht Asteria, built by Anastassiades & Tsortanides in 1970, is seen in Gravesend, leaving London, United Kingdom. 