Further expansion to cater for superyachts is about to go underway on the Gold Coast, Australia. <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> will commence the next stage of major construction within its Superyacht Yard imminently. The work will double the footprint of the North yard. <img src="https://photo-assets.superyachttimes.com/photo/84143/image/large-a331c0b57c9aacd76e3e724b6232c458.jpg" data-gid="gid://syiq/Photo/84143">The fifth stage of construction will see the 55-acre facility increase in capacity, allowing the site to work on around 100 yachts annually. The expansion will also see additional “Super Sheds” and a new marine showroom premise added to <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>. It will also provide more marine vacancies for those in the region.&nbsp;“This growth will further lift the bar, making <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> arguably the world’s best slipway and marina facility,” owner, Tony Longhurst, commented. “It gives us the opportunity to service the full spectrum of yachts, monohulls, and cruisers through to superyachts that visit the Gold Coast.”<img src="https://photo-assets.superyachttimes.com/photo/114252/image/large-2774cb6c73900f44aba263b36bf49948.jpg" data-gid="gid://syiq/Photo/114252">“We couldn’t have predicted being at capacity over the past two years since opening the North Superyacht facility in 2020,” Tony added. “The success of the Superyacht yard has exceeded our expectations, with bookings secured months in advance. With the help and support of the local authorities and Gold Coast Waterways we will continue to increase capacity and infrastructure to meet the incredible influx of vessels here to the Gold Coast. Developing ‘Simply the Best’ destination for boat refit and maintenance.”The expansion plans will be completed mid-2023 and coincides with the welcoming of a new 90-tonne lift. The Italian-built Boat Lift is the first of its kind to be located in Australia. It will also bring <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>’ repertoire of lifts up to five – including the largest travel lift on the Gold Coast, which has a load capacity of 300 tonnes. <img src="https://photo-assets.superyachttimes.com/photo/114256/image/large-99df27f3791e60472cd09f0723063da2.jpeg" data-gid="gid://syiq/Photo/114256">Read:&nbsp;<a data-gid="gid://syiq/Article/53403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard lift 55m Oceana after increasing lifting capacity (2021-07-21 11:00:00 +0200)">Gold Coast City Marina &amp; Shipyard lift 55m Oceana after increasing lifting capacity</a>“We are at the forefront of the industry offering a state-of-the-art, environmentally superior facility and are extremely proud 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>’ reputation,” Tony Longhurst continued.“We continue to support our collective marine trade professionals, reinvesting for future growth and jobs, creating countless opportunities in the Australian marine industry.”<img src="https://photo-assets.superyachttimes.com/photo/114260/image/large-40531c89c79dbe04a5dfa7e927bf69ff.jpg" data-gid="gid://syiq/Photo/114260"><img src="https://photo-assets.superyachttimes.com/photo/114255/image/large-978e4c3db2bb7dce8403503bc1b0d617.jpeg" data-gid="gid://syiq/Photo/114255">Read:&nbsp;<a data-gid="gid://syiq/Article/54988" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard, Brisbane, secures approval for $200 million AUD expansion (2022-04-20 08:45:00 +0200)">Rivergate Marina &amp; Shipyard secures approval for $200 million AUD expansion</a>Tom Tate, Mayor of the Gold Coast, said “Our city has faced the challenges of Covid-19 and we are now seeing the economy start to recover across a range of industry sectors. Throughout these challenging two years, <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> remained committed to its long-term vision and we are celebrating that today with Stage 5 now underway at their facility within the Coomera Marine Precinct.<img src="https://photo-assets.superyachttimes.com/photo/114254/image/large-ffc64af4e67e3d3a86a0c1747ae44bf6.jpeg" data-gid="gid://syiq/Photo/114254">Read:&nbsp;<a data-gid="gid://syiq/Article/54618" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="QLD one step closer to becoming superyacht hub of the Asia-Pacific as Southport Yacht Club opens 130m superyacht berth (2022-02-18 12:30:00 +0100)">Southport Yacht Club opens 130m superyacht berth</a>“As our city grows, we need to keep broadening our economy and the marine sector is pivotal to that plan. I applaud the team at <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> and wish them success into 2022 and beyond,’’ Mayor Tate said.

The Boat Works to expand its Superyacht Yard

The Boat Works shipyard facility in Coomera

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The Boat Works superyacht shipyard rendering

The Boat Works will commence the next stage of major construction within its Superyacht Yard imminently. 

The Boat Works to expand its Superyacht Yard on the Gold Coast, Australia

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has acquired a 70,000 square-metre located production site in Ravenna, Italy, which was financed entirely with equity raised by the company’s listing on the Hong Kong stock exchange.<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is a world leader in the design, construction, and sales of luxury yachts. Led by Chief Executive Officer Alberto Galassi, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> owns and manages seven shipyards across Italy and has recently announced the acquisition of a new production facility in San Vitale, province of Ravenna.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/205162/image/large-55c378269a7c50145cf5561442898726.jpeg" data-gid="gid://syiq/Photo/205162">“Ravenna is the right home for Wally sailing yachts and the expansion of our other brands, starting with the extraordinary <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> Yachts<a data-gid="gid://syiq/YachtModel/12694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti InFYnito 9026.97m (88'6&quot;)">&nbsp;INFYNITO&nbsp;</a>range. We choose Italy again and invest not only to become stronger but also to hold the flag high for an industry that is a symbol of our country: luxury yachting and the extensive entrepreneurship and artisan craftsmanship network that is the admiration and envy of the entire world,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO, &nbsp;Alberto Galassi. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">The Ferretti Group</a> will invest a total cost of 80 million euros towards the 70,000 square-metre site, including a dry dock. The initial acquisition investment cost the Italian company around 40 million euros, while over the next three years, a further 40 million euros will be needed to craft new production spaces and an R&amp;D centre.&nbsp;This acquisition underpins the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> ambitions and growth strategy, with this recent facility looking to enable them to increase their production by 20%. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group&nbsp;</a>CEO Alberto Galassi explains how this “acquisition keeps a promise” as <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> “have big plans and picture a state-of-the-art production site from every point of view: worker well-being, positive social impact, and environmental protection.” The new space is conveniently close to their Forlì headquarters and Cattolica shipyard. Other investments from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> have included expansions across the La Spezia and Ancona Superyacht Yard, which aligns with the Italian company’s five-year growth strategy.

Ferretti Group expands and acquires a Ravenna site

Ferretti Group acquires a production site in Ravenna, forming part of their five-year growth strategy.



Ferretti Group acquires 70,000 square-metre production site in Ravenna, Italy

During the <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> “Road to 2030” business presentation, the Italian shipbuilder detailed its strategy toward a carbon-neutral future, confirmed its strong financial health and announced its intention to acquire <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/261779/image/large-33c2013c7f70e6061b95ebfb1d89c641.png" data-gid="gid://syiq/Photo/261779">The attitudes toward luxury and yachting are changing fast in China, and <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> “expects big growth in Asia”, Massimo Perotti, Chairman and CEO of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, explained during the conference. “In the last year, we have seen two signs indicating change. The first is the Hainan Highlands – considered the monte-carlo of China – becoming a free tax zone. So the Chinese can go to Hainan Highlands and buy a yacht without paying taxes. A big achievement. Secondly, there is a programme from the government to increase the number of marinas from Hong Kong to Macau.”&nbsp;<a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is the oldest and most established yacht dealer in Asia and the exclusive dealer of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> in the region. According to Ferruccio Rossi, Executive Director &amp; General Manager of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> currently generates around €90-100 million annually, with “growing potential” for more sales in the region. <img src="https://photo-assets.superyachttimes.com/photo/186547/image/large-027506dd02607cf9f9f97c2bd2ae425b.jpg" data-gid="gid://syiq/Photo/186547">Read:&nbsp;<a data-gid="gid://syiq/Article/54941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="How Hong Kong could ignite a yachting boom in China (2022-04-12 14:00:00 +0200)">How Hong Kong could ignite a yachting boom in China</a>Outside of Asia and looking at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> more generally, the builder confirmed outstanding financial health with a backlog (as of 31 December 2022) cleared from Net Revenue New Yachts amounting to €1,069.6 million, compared to €915.6 million as of 31 December 2021. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> confirmed record-breaking orders for €452.2 million beyond 2023.&nbsp;An interesting phenomenon cited in the conference was a decrease in the average <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> client. Prior to the Covid-19 outbreak, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> buyers were, on average, 56 yet post-lockdown years, this age now stands at 48 – a significant decrease that brings a “new mindset to the yachting industry”<img src="https://photo-assets.superyachttimes.com/photo/178254/image/large-41061535f69fe7ca1d2c1b710787f63e.jpeg" data-gid="gid://syiq/Photo/178254"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has found that their average buyer is not only younger but is now spending twice as much time on board, with estimates as high as 120 days per year. Novel technologies such as Starlink support this trend, as owners can stay connected near enough anywhere in the world.&nbsp;In regards to its sustainability mission in the superyacht sector, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> confirmed it is still on track to launch the first 50 Steel equipped with methanol fuel cells to power all on-board services next year; and in 2028, it will launch the first superyacht – another 50 Steel – to be powered solely by methanol. <img src="https://photo-assets.superyachttimes.com/photo/192118/image/large-739ebb232bb40646a582286340b4632e.jpeg" data-gid="gid://syiq/Photo/192118">Read:&nbsp;<a data-gid="gid://syiq/Article/56805" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo to launch 'net-zero' superyacht in 2027 (2023-01-24 12:30:00 +0100)">Sanlorenzo to launch 'net-zero' superyacht in 2027</a>Looking forward, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> expects to see high single-digit CAGR, starting with a forecast for 2023 between €810-830 million, up by 11% from 2022. <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> also expects its margin to increase significantly, with an EBITDA margin equal to or greater than 19.5% in 2025.&nbsp;<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> plans to invest between €143-155 million over the next three years. It will also expand its current portfolio of models from 26 to 36, comprising 17 in the yacht business unit, 8 in the superyacht business unit and 11 <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a>.&nbsp;

Sanlorenzo business report and intention to acquire Simpson Marine

Sanlorenzo announces strong financial health and the intention to acquire Simpson Marine during its “Road to 2030” business presentation. 

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Sanlorenzo announces €1b backlog and intention to acquire Simpson Marine

Austria-based builder <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has announced it is expanding its presence in the Asian market by signing an agreement with <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a>.<img src="https://photo-assets.superyachttimes.com/photo/243181/image/large-c6914543e6f18b57554436d3995e9c7b.jpg" data-gid="gid://syiq/Photo/243181"><a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> will become an exclusive dealer for <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> in Singapore, Hong Kong, and Thailand, providing them with access and service to the company's full range of solar-powered catamarans for clients in those regions.<img src="https://photo-assets.superyachttimes.com/photo/255819/image/large-ba7002dd0ba0ef11a0ea9472f68f8485.jpg" data-gid="gid://syiq/Photo/255819">"<a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> has pioneered and championed this now key segment of alternative powered catamarans for close to 20 years, gaining incomparable experience and developing reliable and performing solutions,” commented Eric Noyel, Founder and CEO of <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a>.&nbsp;“We are proud to have been chosen to accompany them in this exciting development. We expect the solar electric catamarans to be a huge success in Southeast Asia. Our clients are increasingly sensitive to the environmental challenges.”<img src="https://photo-assets.superyachttimes.com/photo/261601/image/large-2ef3ffa25cc5484ab38191046f78700f.jpg" data-gid="gid://syiq/Photo/261601"><a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> already has over 15 years of experience in the boating industry and prides itself on being the trusted, exclusive dealer of luxury yachts from leading brands across the globe. The brand also represents <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> in those territories. The partnership with <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> will further establish the group as a central player in the Asia Pacific region and is a major step forward for both companies."We are pleased to have such a reputable company as our partner in a very promising yachting region," said Michael Köhler, CEO of <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a>. "We are excited to work together and bring sustainable yachting to Asia.”<img src="https://photo-assets.superyachttimes.com/photo/243176/image/large-f3cadca624fe4cea03175a21fb4280c5.jpg" data-gid="gid://syiq/Photo/243176"><a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> currently has 28 solar electric catamarans under construction in two production sites, including the flagship Silent 120 Explorer, with the order book filled until 2024. Both <a data-gid="gid://syiq/Company/5188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silent Yachts (Company)">Silent-Yachts</a> and <a data-gid="gid://syiq/Company/5504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia Marine (Company)">Asiamarine</a> are set to take part in the Singapore Yacht Show from April 27-30, 2023.

Silent-Yachts appoints new exclusive dealer in Asia Pacific

Silent-Yachts has announced the appointment of Asiamarine as a new exclusive dealer in Asia Pacific.

Silent-Yachts appoints Asiamarine as new exclusive dealer in Asia Pacific

Today we are proud to present you the all new SuperYacht Times. Built completely afresh by our in-house team, the launch signals a new era for the SYT website. Originally launched in 2007 as the first superyacht website with daily news and a free to access superyacht database, this new version is a major step in making SuperYacht Times future proof.<img src="https://photo-assets.superyachttimes.com/photo/261421/image/large-f548f0b612a343512f8cf2bba1de823c.jpg" data-gid="gid://syiq/Photo/261421">Thanks to the flexible setup of the system we can easily adjust every page and highlight breaking news items. Furthermore we can also build fully custom ads within this framework for our clients.Besides the look and feel of the website, we have also made a major change to the content that we will cover. Of course you will still be able to find all of the content you are used to, and we will continue to be the first with new launches and breaking news, but we have now added a more in-depth level to our editorial content.As you have recently seen, we’ve branched more deeply into the technical side of yachting with the launch of the <a href="https://www.superyachttimes.com/magazine" rel="noopener noreferrer" target="_blank" title="">How to Build It</a> magazine. This content will feed into the new website with an online section updated throughout the year and dedicated to technical news, product updates and construction news. In addition to How to Build It, we have also developed several content topics;<img src="https://photo-assets.superyachttimes.com/photo/261420/image/large-4f86285194ba47950bcd58b63dd0956a.jpg" data-gid="gid://syiq/Photo/261420"><a href="https://www.superyachttimes.com/news" rel="noopener noreferrer" target="_blank" title="">News</a>As always, you can find all of the latest news first on the SuperYacht Times news section. Accuracy will continue to be the top priority for the SYT team and in the news section you will find everything we have published in chronological order.&nbsp;<a href="https://www.superyachttimes.com/yacht" rel="noopener noreferrer" target="_blank" title="">Yachts</a>Everything related to the world of superyachts, including access to SYT’s renowned superyacht fleet database which includes over 10,000 yachts over 24 metres.<a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">Yachts for Sale</a>SuperYacht Times has the largest collection of yachts for sale in the world, with more than 1,700 yachts for sale on our website right now. With the launch of the new SYT website we have developed our featured yachts for sale section, offering brokers the best positions on the website to get the most exposure for the yachts on the market.<a href="https://www.superyachttimes.com/business" rel="noopener noreferrer" target="_blank" title="">Business</a>In addition to all of the important business news from yacht builders and designers, the SYT editorial team will also report on the latest appointments, acquisitions and expansions from suppliers, brokers and more, delving deeper into the companies that make our industry tick. Subscribe for the SYT newspaper to get all the latest in-depth business features.<a href="https://www.superyachttimes.com/market" rel="noopener noreferrer" target="_blank" title="">Market</a>In our market section you will be able to find all of the latest yacht market updates, alongside unique insight from top industry experts. In this section you will also be ale to find all of the latest exclusive reports from the SYT iQ team, as well as download our annual The State of Yachting market report.<a href="https://www.superyachttimes.com/design" rel="noopener noreferrer" target="_blank" title="">Design &amp; Interior</a>&nbsp;SYT has always shared exclusive interviews with interior and exterior designers, as well as new concepts unveiled across the industry. We have now developed this important sector of the website, to include more onboard features of the newest, biggest and best yachts in the world.<a href="https://www.superyachttimes.com/how-to-build-it" rel="noopener noreferrer" target="_blank" title="">How to Build It</a>By now you will all have seen our new technical magazine How to Build It, and in the new dedicated section of the website you will be able to find out in-depth reports, supplier news and articles related to the technical side of the industry.<img src="https://photo-assets.superyachttimes.com/photo/239694/image/large-b3f9a4fef4245385ca88550126c4c443.jpg" data-gid="gid://syiq/Photo/239694"><a href="https://www.superyachttimes.com/event" rel="noopener noreferrer" target="_blank" title="">Events</a>&nbsp;&nbsp;You will be able to find a full directory of all yachting industry events on the SYT website, with a full list of exhibiting yachts and companies. You will also be able to find the top events news, be it regattas, conferences or, of course, yacht shows.&nbsp;We look forward to hearing your feedback on the new website and if there are features you would like to see in the future, we would like to hear from you so please reach out to us at <a href="mailto:news@superyachttimes.com" target="_blank">news@superyachttimes.com</a>&nbsp;&nbsp;&nbsp;

New SuperYacht Times website launched

Welcome to the new bigger and better SuperYacht Times website, with new features and more in-depth technical stories.

Welcome to the new SuperYacht Times

<a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a>, one of the largest and fastest-growing premium marine retailers in the United States, has appointed Carmen Bauza to its Board of Directors.<img src="https://photo-assets.superyachttimes.com/photo/260999/image/large-1b5f0e47551ca9405db889d405e20e6a.jpg" data-gid="gid://syiq/Photo/260999">Ms. Bauza will serve as an additional independent director, effective from 1 March 2023. This appointment has increased the size of the Board from eight to nine directors, seven of whom are independent.“We are excited to welcome Carmen Bauza to the Board of Directors. Carmen is a seasoned executive with global retail experience and a proven track record of consistently driving growth through omni-channel marketing strategies, product innovation and digitisation,” said John Schraudenbach, <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater</a>’s Chairman of the Board. “We look forward to benefiting from Carmen’s valuable insights and expertise as we continue to execute on our growth strategy and deliver value for our shareholders.”Born in Ponce, Puerto Rico and a graduate of Seton Hill University, Ms. Bauza studied fashion merchandising and business management and has had numerous senior roles throughout her career. Ms. Bauza currently serves as a member of the board of directors for Zumiez Inc., Destination XL Group, Inc., and the board of managers of Claire’s Stores Inc. She is also an advisor to RoundTable Healthcare Partners.At <a data-gid="gid://syiq/Company/6146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="OneWater Marine Inc. (Company)">OneWater Marine</a>, Ms. Bauza will also serve on the Audit and Compensation Committees with her fellow board members.

OneWater Marine appoints Carmen Bauza to Board of Directors

OneWater Marine has appointed Carmen Bauza to its Board of Directors, as an additional independent director. 

The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reports strong financial health and remarkable growth across all areas in 2022 compared to 2021, with a net revenue of over €1 billion in 2022.<img src="https://photo-assets.superyachttimes.com/photo/260867/image/large-5e5d5c3dcbe40ce54198eb723f80f847.jpeg" data-gid="gid://syiq/Photo/260867">The Italian-based group reports a strong order book for 2022 with an intake of €1.162 billion, up by 19.6 percent in comparison to 2021, which the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> pins down to a strong global market demand. They have also won a significant number of orders during this period with a backlog of €1.296 billion, up by 27.6 percent compared to 2021.&nbsp;The impressive order backlog breakdown comes from composite yachts, made-to-measure yachts and superyachts, as well as other businesses, including ancillaries. The majority of the backlog comes from composite yachts, which reached €439.3 million, making up 42.6 percent of total revenues in 2022.<img src="https://photo-assets.superyachttimes.com/photo/205162/image/large-55c378269a7c50145cf5561442898726.jpeg" data-gid="gid://syiq/Photo/205162">Overall, the net revenue for the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reached an impressive €1.030 billion for the period ending December 31, 2022 - a 14.6 percent increase to the previous year where <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> capped out at €898.4 million.&nbsp;Earnings before interest, taxes, depreciation and amoritisation (EBITDA) was up 36.5 percent as the firm hit €102.6 million, with an EBITDA margin of 14.1 percent. They also have a net profit of €60.5 million, which amounts to a growth margin of 6.1 percent from last year. This increases 170 basis points compared to 2021 at 4.4 percent. &nbsp;The Group’s net financial position improved from €93 million of net cash in 2021 to €365 million in 2022. <img src="https://photo-assets.superyachttimes.com/photo/220951/image/large-395cb676eccc2227c5cd58d5e78808e0.jpg" data-gid="gid://syiq/Photo/220951">"These exciting results describe <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group’s</a> glorious present and tell the story of its future. The luxury yachting market continues to expand, and we have good reason to believe that our results in the coming years will be increasingly positive. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has a portfolio of brands that are unique in the world for their breadth, prestige and beauty, and an industrial vision focused on investments in innovation and sustainability: two closely related factors that will increasingly make the difference,” said <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> CEO Alberto Galassi. “There are no magic formulas, but with these numbers and the success factors I have just mentioned, I can assure our shareholders and our customers that theirs is and will continue to be a winning choice”.The strong performance results for 2022 have been chalked up to three main factors. The continuous launch of new models, alongside the longer waiting list due to the extensive order book, means greater pricing power. They have also strategically positioned themselves to create a stronger presence in the made-to-measure market, which is currently the most profitable. On top of this, they have also seen more absorption of fixed costs.<img src="https://photo-assets.superyachttimes.com/photo/170889/image/large-ad62b45ff4fcaff3c8777b9dcaceec0b.jpg" data-gid="gid://syiq/Photo/170889">Looking forward, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> has stated that they will focus on adapting and improving the offer and mix of products based on the evolution of market trends and customer expectations, as well as expanding the made-to-measure portfolio in large alloy yachts. They will also focus on the vertical integration of strategic and high value-added activities to ensure excellence in the luxury design, performance, quality and reliability of their yachts, and on improving the overall offer with the aim of strengthening the resilience and profitability of the business.

Ferretti Group reports net revenue of 1 billion

The Ferretti Group reports strong financial health and remarkable growth in 2022, with a net revenue of €1.030 billion.

Ferretti Group reports net revenue of over €1 billion in 2022

<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> is an Italian shipyard with a dynasty that spans the best part of a century. Despite being founded in 1945 in Limite sull’Arno to build and repair smaller yachts, by 1956 the yard was moved to Darsena Pisana as it had started signing projects too large for its facility.&nbsp;The shipyard has had an illustrious history, delivering more than 700 yachts &nbsp;– the largest of which being the 43.6-metre <a data-gid="gid://syiq/Yacht/1655" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cap de Quers43.6m (143'1&quot;)Cantieri di Pisa2006">Cap de Quers</a>. The 27.43-metre <a data-gid="gid://syiq/Yacht/7829" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nasima 27.43m (89'12&quot;)Cantieri di Pisa2012">Nasima</a> was the yard’s last build, and following her delivery in 2012 the yard closed and was finally sold.&nbsp;The shipyard was bought 18 months ago and is back in business, with a fleet of new projects under its new leadership. SuperYacht Times sat down with CEO Marco Massabò to hear all about it.<img src="https://photo-assets.superyachttimes.com/photo/260833/image/large-8899422b8b6ae0ea4429c0654f8f493f.jpg" data-gid="gid://syiq/Photo/260833">What is your background prior to&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>?&nbsp;Yachts have been part of my life for as long as I can remember. My father was a wood master and started working at a shipyard in Imperia, Italy, 70 years ago. I love boats and have professionally sailed for many years, competing from the Optimist to the Maxi yacht regattas – I’ve had a long collaboration with <a data-gid="gid://syiq/Company/758" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="North Sails (Company)">North Sails</a>.&nbsp;In 1992 I met Luca Bassani, founder of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, and worked alongside him for 20 years. The brand was missing a refit yard in Italy, so I bought and founded one (WS Shipyard) in Savona. It's been very successful. I then moved into consultancy around 2010, working with clients both in yachting and shipping.&nbsp;I was working with some major players – it was a nice life. But around a year and a half ago, Enrico Gennasio (president and owner of the Alfagomma group) told me he was going to buy <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, asking if I wanted to work with him.&nbsp;A great opportunity. I immediately got to work, spending time with naval architects and exterior designers, dreaming up the best yachts we can bring to market. The shipyard had great energy, and a number of great international designers came to visit us. <img src="https://photo-assets.superyachttimes.com/photo/259110/image/large-dc2f2a0d48808d14b563a945716e4215.jpg" data-gid="gid://syiq/Photo/259110"><a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;is back building yachts. Do these new models reflect a new vision?<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> is an iconic brand. We’re not here to change the rules, we want to rewrite them. The yachts that we’ve started to build are different from what <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> traditionally did. But we also want to be different from our competitors.&nbsp;Rather than starting from aesthetics, our primary interest is weight. We want to save as much weight as possible, to build and deliver some of the lightest yachts on the market. <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> yachts are fast, agile, and incredibly sleek and all have shallow drafts. <img src="https://photo-assets.superyachttimes.com/photo/258737/image/large-8913f6c24d1edd5383a600b3c775dbbb.jpg" data-gid="gid://syiq/Photo/258737">The 25m 80 Veloce – the first&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;yacht since 2012 – is scheduled for delivery this year. Can you say a few words about her?&nbsp;The 80 Veloce is our first yacht. We wanted to build something that embodies our new philosophy – and she’s crazy fast! She’ll be equipped with three 2,000 horsepower V12 <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that deliver a top speed in excess of 60 knots. The series has been well received and we already have clients signed for the second and third hull.&nbsp;She’s not for everyone though – which is why we’re about to present a Gran Turismo edition to the market. The 80 GT is based on the same lightweight hull yet with a more family-focused design. She’ll also be equipped with two engines, not three. <img src="https://photo-assets.superyachttimes.com/photo/258738/image/large-72d27a22a4c507d152fcab6398958f5e.jpg" data-gid="gid://syiq/Photo/258738"><a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;also presented the new Akhir series. Has this model line been well received and are you considering building on speculation?&nbsp;The Akhir series is a new design for <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> which is offered in three sizes: a 31-metre, a 37-metre and a 42-metre flagship. Much like the 80 Veloce the idea is to keep the weight down as much as possible. The series has a contemporary design and we’re in talks about whether to build the first unit on speculation – it might happen, but I can’t confirm either way at this moment in time. <img src="https://photo-assets.superyachttimes.com/photo/259105/image/large-50b2769c2995a007591094d39d092014.jpg" data-gid="gid://syiq/Photo/259105">Why is weight such an important topic for&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>?Any sailor will tell you the importance of weight – they just will. I’ve personally sailed around the world on some of the world’s most important and fastest boats, and every time their core attribute was weight. However, shipyards and designers rarely consider weight early on when they’re planning a new project. <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> does things differently, it’s my absolute credo. <img src="https://photo-assets.superyachttimes.com/photo/259106/image/large-848f31e2855eb67f5df5c8156f48eba3.jpg" data-gid="gid://syiq/Photo/259106">Choosing to build light implies a commitment to delivering yachts with shallow drafts. How else are you trying to maximise this across all your series?&nbsp;We’ll equip both the 80 Veloce and Gran Turismo series with waterjets. Waterjets are the safest way to arrive at high speeds and they can go in really shallow waters. And to overcome issues of sucking up sand (a particular issue in Miami), we’ve added a special sea chest. It's a simple, not crazy innovation.&nbsp;Coming from <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, I of course have taken inspiration from their model lines and I especially like what they’ve done with the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> 118 Power – the James Bond yacht. But I’ve also listened closely to my friend and naval architect, <a data-gid="gid://syiq/Company/1206" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Marco Arnaboldi (Company)">Marco Arnaboldi</a>, who designed many fast boats, including the CDP80 veloce. He’s one of the best in the world when it comes to waterjet technology. We decided to follow him on our design – there isn’t anyone better! <img src="https://photo-assets.superyachttimes.com/photo/259100/image/large-e738a900d681e7e9b00f4677cfafd4fd.jpg" data-gid="gid://syiq/Photo/259100">An automotive designer and America’s Cup engineer collaborating on your designs. How did this come about?It’s simple. We want speed and performance, so why not bring in the best? A typical motor yacht goes around 18 to 20 knots, yet a high-performance America’s Cup sailing yacht reaches speeds of up to 40 knots – it’s a big difference, even if you factor out the foils. At <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> we want to use this knowledge to study the possibilities of reducing as much drag as possible with our yachts. <img src="https://photo-assets.superyachttimes.com/photo/260834/image/large-1241be498043c5a2ee330d299e207c7c.jpg" data-gid="gid://syiq/Photo/260834">For the past 18 months,&nbsp;<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>&nbsp;has focused exclusively on refits. Why?&nbsp;We weren’t ready for new builds until now, we needed to establish ourselves. When we took over <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, it hadn’t been operating for 10 years. We invested around €1.5 million to renovate the facilities and in the past 18 months, we have worked on 27 yachts, which brings a good level of return for the business: building capital and our reputation.&nbsp;Working as a refit yard has also put us in direct communication with many captains, which is great for our Research &amp; Development. For the past 18 months, we’ve been learning the trouble points and how to build a perfect yacht, designed for the captain.&nbsp;We’ve continued to invest and we’ll soon announce a new facility.&nbsp;

CEO Marco Massabò on the return of Cantieri di Pisa

Cantieri di Pisa is back – and it's back with a number of new projects. SYT sat down with CEO Marco Massabò to hear all about it. 

Bigger, better, faster: The return of Cantieri di Pisa with CEO Marco Massabò

Giovanna Vitelli, former Vice President of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut|Benetti </a><a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>, has been named Chairwoman of the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Group</a>. <img src="https://photo-assets.superyachttimes.com/photo/260758/image/large-d114845098d9a706f89986d98c42100b.png" data-gid="gid://syiq/Photo/260758">Commenting on the appointment, Giovanna Vitelli said, “I would like to thank my father infinitely for his trust and the teachings of a lifetime, as well as all the people who have made and will continue to make the history of our Group”.The shipyard stated, “The path forward of continuity in the family, strongly desired by the founder Paolo Vitelli, guarantees the stability necessary to seize all the opportunities of the future.”<img src="https://photo-assets.superyachttimes.com/photo/255941/image/large-6d6899cced809d7f993e3b87b40ed378.jpg" data-gid="gid://syiq/Photo/255941">Founded in 1969, <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> went on to acquire <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> in 1985. This year the Group is celebrating its 150th anniversary. During the company’s 23rd Benetti Yacht Master, held last month in Abu Dhabi, Vitelli confirmed strong business health, with “an annual turnover of around €1.2 billion”.<img src="https://photo-assets.superyachttimes.com/photo/246616/image/large-9e89dcb4becf5e52052787f9177caabe.png" data-gid="gid://syiq/Photo/246616">According to <a href="https://superyachttimes.ac-page.com/homepage" rel="noopener noreferrer" target="_blank" title="">SYT iQ</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> and <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> have more than 700 yachts – over 24-metres in length – in operation, with a further 127 in-build. &nbsp;

Giovanna Vitelli named Chairwoman of Azimut|Benetti Group

Giovanna Vitelli, Vice President of the Azimut|Benetti Group, has been named chairwoman of the Group. 

business-people-large-articles#0

<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>, founded in 1866, is Florida’s oldest and most established shipyard. But perhaps also one of its most innovative, thanks to a heavy investment in its facilities on either side of the Miami River.&nbsp;In 2020, the completely rebuilt North Yard reopened as Miami Superyacht Center and was complete with a 2,700-tonne synchrolift. The South Yard was also renovated and is dedicated for the smaller refit works that <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> takes on. The shipyard is about to undergo even more change as Marco Santoro has recently been appointed CEO, and he’s ambitious to turn <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> into the go-to destination for yacht service and refit. SuperYacht Times found out more. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/260708/image/large-669635a454180279c8f962ed47086b2a.jpg" data-gid="gid://syiq/Photo/260708">When did your relationship start with&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>, were you working directly with the shipyard during your tenure as After Sales &amp; Service Director – Americas for&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>?&nbsp;I was approached by <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>' top management, and what started off as a casual business conversation led to more detailed discussions regarding the opportunities and capabilities of the <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> yard. After numerous meetings, we certainly bonded and realised how well we worked together. At the end of the day, these discussions led to creating a refreshed vision and elevated goals for the yard, and I am very pleased to be leading the company on our new journey.I’m extremely proud to have been appointed as CEO of <a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>, this company has an incredible heritage being one of the most historical shipyards in the USA, but also one of the most technologically advanced and modern shipyards. <img src="https://photo-assets.superyachttimes.com/photo/260711/image/large-08c7c6528a64a7bd6ef2b2eca9ef32f7.jpg" data-gid="gid://syiq/Photo/260711">How was your experience at&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>&nbsp;and how has it prepared you for this role?&nbsp;I will always be grateful for the opportunities <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> gave me, which ultimately made me who I am today. My most recent tenure at <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> was very special to me: it was an incredible experience for me to start a new venture from scratch.&nbsp;We developed a strategy and plan for a new shipyard for the Group, focused on retail service. After bringing this vision to life and successfully running and growing the yard for a number of years, I felt I had accomplished my mission and was ready to take on a new challenge.At <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, my bosses were the best mentors. I grew professionally into executive roles while working to build networks of clients, professionals, and teams globally. I have worked in a variety of capacities, always focused on providing exceptional yacht service. My professional experience together with my education in Naval Architecture and Marine Engineering as well as my passion to build strong teams and workplaces, has prepared me for this new role.<img src="https://photo-assets.superyachttimes.com/photo/260710/image/large-a78bb34f7c4f4bccb8c62904bd2bb306.jpg" data-gid="gid://syiq/Photo/260710">What is your vision for&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>?&nbsp;My main goal is to enhance our client's journey, starting from the moment they get in contact with us till the moment the client leaves our yard. This means being able to listen to our clients’ needs and expectations, and deliver to them the highest quality experience. If we are capable of doing so, we will retain our customers who will also be our best ambassadors.<img src="https://photo-assets.superyachttimes.com/photo/239428/image/large-554dec5a443285dd488858e42e61dccf.jpg" data-gid="gid://syiq/Photo/239428"><a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>&nbsp;currently operates out of two facilities, can we expect further expansions?&nbsp;Our current focus is to become the preferred shipyard in Florida. Our current facilities are next door to each other and enable us to provide services for yachts ranging from 6-76 metres in length. We are also growing our new yacht and brokerage sales operations, representing new brands as their exclusive dealer.&nbsp;For the time being though, we’re focusing on our current market, as we are in the yachting capital of the world. But we have every intention to build our brand and reputation further; we plan to serve our customers in new markets as well.<img src="https://photo-assets.superyachttimes.com/photo/260712/image/large-db3707bd4ed6c38e0b6164bab1c2aed4.jpg" data-gid="gid://syiq/Photo/260712">With a lacking inventory of good yachts on the market, have demands for refits been at a high these past years? And how do you expect 2023 to play out?&nbsp;For sure the demand for refit will continue as the supply of new yachts is backlogged and the needs of the clientele continue to evolve. We anticipate a higher number of refits this year and are preparing internally for any project we are approached for. Refitting involves many moving parts, in our geographical area there are only a handful of shipyards capable of hosting these projects. We’re ready!<img src="https://photo-assets.superyachttimes.com/photo/239416/image/large-993378b890d6d6d1a47e09f039023d88.jpg" data-gid="gid://syiq/Photo/239416">Have supply chain issues now subsided, or are there still many challenges to contend with?Whether it is the backorder of parts or the sparse technical support for unique components, I have found that supply chain issues are a constant occurrence in the yacht industry. Mainly there are a limited number of suppliers and a limited number of qualified technicians for installation and repairs.&nbsp;Having navigated the industry for more than 20 years, I understand where there may be issues and can plan ahead to avoid delays. In addition, I have built strong relationships with suppliers and vendors. It is a small industry and having strong relationships is a big advantage. One day you help a supplier and the next day they help you. That’s how we are able to offer expedited turn-around times and exceptional quality.<img src="https://photo-assets.superyachttimes.com/photo/260709/image/large-acba50c3bed8958672c2cbf05e65c312.jpg" data-gid="gid://syiq/Photo/260709">Where would you like to see&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a>&nbsp;in five years’ time?&nbsp;<a data-gid="gid://syiq/Company/5531" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RMK Merrill-Stevens (Company)">RMK Merrill-Stevens</a> will be the premier destination for yacht service and refit in Florida. I see new and repeat clients coming and going from the yard exceptionally pleased with their experience, and these happy clients become our invaluable marketing testimonials that drive our reputation.&nbsp;I envision a team like no other, a workload peaking at max capacity, so that we are ready to expand our operations and serve our clients in new markets and capacities.

Marco Santoro CEO of RMK Merrill-Stevens interview

SYT joined Marco Santoro, new CEO of RMK Merrill-Stevens, to hear his vision for the shipyard. 

Marco Santoro CEO of RMK Merrill-Stevens: “We will be the premier destination for yacht service and refit in Florida”

Abeer Al Shaali, the Chairperson of the Leisure Marine Association MENA, and Capt. Abdullah Alhayyas, the Director of Maritime Transport Affairs Department at the UAE Ministry of Energy and Infrastructure, signed an MoU (Memorandum of Understanding) on March 2, 2023 at the Dubai International Boat Show. The ceremony was attended by H.E. Hessa Al Malek, Executive Director of the Maritime Sector at the Federal Transportation Authority for Land and Maritime, and the Board of Directors of the Leisure Marine Association.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/260516/image/large-c027e70c598eed031d7d0f45d0a31ab4.jpg" data-gid="gid://syiq/Photo/260516">The Leisure Marine Association, based in Dubai, is a marine trade association that represents the interests of the boating and yachting industry and is an advocate for the leisure marine community across the Middle East and North Africa. The UAE’s Ministry of Energy and Infrastructure is one of UAE’s federal entities, responsible for spreading public awareness of energy conservation. These two organisations signing an MoU, a nonbinding agreement that states each party’s intentions to form a new partnership, will accelerate the growth of the leisure marine industry in the UAE, a vital contributor to the region’s maritime sector. This agreement is a crucial step towards enhancing productivity and promoting collaboration between the government and private sectors.<img src="https://photo-assets.superyachttimes.com/photo/260514/image/large-e523f713262354ef1e9c260c8ce7e78e.jpg" data-gid="gid://syiq/Photo/260514">The Leisure Marine Association commented, “we are thrilled about the possibilities that this MoU will bring and look forward to the growth and development of the leisure marine industry in the UAE.”

MoU signed between MOEI and LMA

Leisure Marine Association and UAE Ministry of Energy and Infrastructure have signed an MoU.

Contract signed between UAE Ministry of Energy and Leisure Marine Association

The 2023 edition of the <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show</a> is quickly approaching and with the show growing in size and presence over the last few years, the list of attending yachts has too. SYT takes a look at some of the yachts making their debut at this year’s show.<img src="https://photo-assets.superyachttimes.com/photo/261618/image/large-310aa13a14fb03717d92147db6df666c.jpg" data-gid="gid://syiq/Photo/261618"><a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>&nbsp;| 67-metres&nbsp;<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> announced last week that <a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a> will make her world debut at the <a data-gid="gid://syiq/Event/164" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2023">Palm Beach International Boat Show 2023</a>. Delivered in Spring 2022, she features exterior design by <a data-gid="gid://syiq/Company/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cassetta Yacht Designers (Company)">Cassetta Yacht Designers</a>, while her interiors are by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s in-house studio. <a data-gid="gid://syiq/Yacht/8735" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calex67.0m (219'10&quot;)Benetti SpA2022">Calex</a> offers accommodation for as many as 14 guests across seven well-appointed staterooms. She is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines and her engine room is “<a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s first on a full custom yacht this size to fully comply with TIER III regulations.”Read:&nbsp;<a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)">67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023<img src="https://photo-assets.superyachttimes.com/photo/260219/image/large-2ba852a3ee460474d6217b9299d5d529.png" data-gid="gid://syiq/Photo/260219"></a><a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>&nbsp;| 60-metres | 2023<a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a>, also known as&nbsp;Witchcraft, was delivered in 2023 as part of the <a href="https://sya.superyachttimes.com/companies/amels" target="_blank">Amels</a> 60 Limited Editions series. The 60-metre superyacht features an exterior design by Monaco-based <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino International</a> and naval architecture by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, while each unit has a unique interior design. The owners of <a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a> worked closely with Canada-based design studio <a data-gid="gid://syiq/Company/6415" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burdifilek (Company)">Burdifilek</a>, which developed a luxurious and serene interior. With 853 GT and six spacious staterooms, <a data-gid="gid://syiq/Yacht/8657" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Entourage60.0m (196'10&quot;)Amels2023">Entourage</a> can easily accommodate as many as 12 guests. <a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"></a><a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"><img src="https://photo-assets.superyachttimes.com/photo/262122/image/large-cf0d7d04a3d7e56de64acf9e65977ac8.jpeg" data-gid="gid://syiq/Photo/262122"></a><a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a>&nbsp;|&nbsp;<a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a>&nbsp;| 35.57-metres&nbsp; <a data-gid="gid://syiq/Yacht/9204" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Romeo Foxtrot35.57m (116'8&quot;)Hargrave Custom Yachts2022">Romeo Foxtrot</a> was launched last year as part of the <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave</a> 116 series and will be making her public debut at the show. She features exterior design by <a data-gid="gid://syiq/Company/1184" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hargrave Custom Yachts (Company)">Hargrave Custom Yachts</a> with naval architecture by <a data-gid="gid://syiq/Company/218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Sarin Naval Architects, Inc. (Company)">Jack Sarin Naval Architects</a>. Her interiors were penned by Yacht Interiors by Shelley and she can sleep up to 10 guests across a five stateroom configuration.Read: <a data-gid="gid://syiq/Article/57187" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard: 36m Hargrave motor yacht Romeo Foxtrot (2023-03-20 13:00:00 +0100)">Onboard: 36m Hargrave motor yacht Romeo Foxtrot</a><a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"></a><a data-gid="gid://syiq/Article/57148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="67m Benetti superyacht Calex to make world debut at Palm Beach International Boat Show 2023 (2023-03-14 17:30:00 +0100)"><img src="https://photo-assets.superyachttimes.com/photo/262210/image/large-1e52d2ef6032f0c1b13ee110ea848248.png" data-gid="gid://syiq/Photo/262210"></a>Numarine 26XP Fast | Numarine | 25.7-metres The <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> 26XP Fast is the planing hull version of the already popular <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> 26 XP model and is considered by the shipyard to be the fastest explorer yacht. She is equipped with twin 1,800 <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines which propel her to an impressive top speed of 31 knots. Much like her sistership, the <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> 26XP Fast features exterior design from <a data-gid="gid://syiq/Company/1211" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Can Yalman (Company)">Can Yalman</a>, with a near-vertical bow and a 65 square-metre flybridge.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/262199/image/large-501a3cdff79b9c206dbdfc3d3a9d5ead.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20230320%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20230320T162157Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=61ccd418c1a33054f83772a6796219e2d26f374e6133642b85f0c272d1a9a2ce" data-gid="gid://syiq/Photo/262199">wallypower58X |&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;| 17.3-metresThe wallypower58X is the first <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> yacht to be fitted with the new 600hp <a data-gid="gid://syiq/Company/5750" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mercury Marine (Company)">Mercury</a> V12 Verado quadruple engine configuration. With 2,400 horsepower on the transom, the stable and efficient deep V-hull can reach an exhilarating 50 knots. The wallypower58X yacht is able to carry up to 16 guests onboard and has a range of 290 nautical miles.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/262201/image/large-6833dd060faeacd24b8ba0c050ba57e2.png?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20230320%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20230320T162157Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=23a0c16daa239fe44b619dc293edfbea55c316e85315e9acb2c3bbdbd0ced3d9" data-gid="gid://syiq/Photo/262201">Sirena 48 |&nbsp;<a data-gid="gid://syiq/Company/4910" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Yachts (Company)">Sirena Yachts</a>&nbsp;| 15.96-metres&nbsp;The <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena</a> 48 is the smallest model to date from the shipyard and features interior and exterior design by <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena Marine</a>, with naval architecture by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">German Frers</a>. She is able to accommodate up to six guests across three staterooms as well as an optional crew member of one. The <a data-gid="gid://syiq/Company/5271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sirena Marine (Company)">Sirena</a> 48 is equipped with twin <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engines that provide her with a top speed of 26 knots and a cruising speed of 23.5 knots.<img src="https://photo-assets.superyachttimes.com/photo/260286/image/large-35f42735a2c7505068a5370ac24112be.jpg" data-gid="gid://syiq/Photo/260286">Zeelander 5 |<a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">&nbsp;Zeelander Yachts&nbsp;</a>| 14.72-metres&nbsp;The <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 5 is an evolution of the award-winning Z44 and features a timeless design, curved aesthetic and silent cruising experience. The <a data-gid="gid://syiq/Company/1416" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander Yachts (Company)">Zeelander</a> 5 is produced in limited quantities at the Netherlands-based facility, and is equipped with twin <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> IPS 500 engines.Read:&nbsp;<a data-gid="gid://syiq/Article/57054" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zeelander 5 to preview at Palm Beach Boat International Show 2023 (2023-03-02 12:15:00 +0100)">Zeelander 5 to preview at Palm Beach Boat International Show 2023</a>You can find SYT’s full list of the <a data-gid="gid://syiq/Article/57085" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The largest yachts attending Palm Beach International Boat Show 2023 (2023-03-06 16:45:00 +0100)">largest yachts attending Palm Beach International Boat Show 2023 here</a>.

Yacht debuts at Palm Beach International Boat Show 2023

SYT takes a look at some of the yachts making their debut at this year’s Palm Beach International Boat Show.

The 36.8-metre <a data-gid="gid://syiq/Company/2360" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King (Company)">Ocean King</a> Ducale 120 superyacht is preparing for launch at the Chioggia shipyard in Venice, Italy. The displacement yacht is the first in the Ducale 120 series and is expected to be delivered to her new owners later this year.<img src="https://photo-assets.superyachttimes.com/photo/262253/image/large-1c68a0a57f95ca53763d3ccb2308f077.jpeg" data-gid="gid://syiq/Photo/262253"><img src="https://photo-assets.superyachttimes.com/photo/262252/image/large-c6759871ef93e3effd9571e18083a0b2.jpeg" data-gid="gid://syiq/Photo/262252">The Ducale 120 features interior and exterior design by Italy-based design house <a data-gid="gid://syiq/Company/4663" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="VYD Studio (Company)">VYD Studio</a>, with naval architecture penned by <a data-gid="gid://syiq/Company/4565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InNave (Company)">InNave</a>. The yacht features a steel and aluminium superstructure with an interior volume of 334 GT.<img src="https://photo-assets.superyachttimes.com/photo/262250/image/large-653ec37a46025b7163b69f1890f5d221.jpeg" data-gid="gid://syiq/Photo/262250"><img src="https://photo-assets.superyachttimes.com/photo/262249/image/large-8baaf558f1906cb3f8fda514fa82d26c.jpeg" data-gid="gid://syiq/Photo/262249">The interior of the Ducale 120 yacht is characterised by modern and elegant lines, exhibiting a harmonious balance between interior and exterior spaces. Her guests will be able to enjoy expanses of light thanks to the vast side windows that can be opened to full height on the side walkways.Read:&nbsp;<a data-gid="gid://syiq/Article/56117" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="36m Ocean King Ducale 120 undergoes technical launch in Italy (2022-11-10 16:45:00 +0100)">36m Ocean King Ducale 120 undergoes technical launch in Italy<img src="https://photo-assets.superyachttimes.com/photo/262248/image/large-49a3276d7925e5858b705323790640c2.jpeg" data-gid="gid://syiq/Photo/262248"></a>In terms of accommodation, the <a data-gid="gid://syiq/Company/2360" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean King (Company)">Ocean King</a> yacht has a five stateroom layout for up to 12 guests, as well as being able to host a crew of seven between four cabins.<img src="https://photo-assets.superyachttimes.com/photo/262246/image/large-7427115ff2a3491a037b6eebdfdc6f92.jpeg" data-gid="gid://syiq/Photo/262246">Some of her key features include two swimming pools with a seawater swimming pool built between the wide and deep stern beach club and the main deck. The second swimming pool is heated and located on the sun deck, surrounded by large sun beds and a bar.<img src="https://photo-assets.superyachttimes.com/photo/262251/image/large-d10167350a6dfb4e7c9631001aa04d5a.jpeg" data-gid="gid://syiq/Photo/262251"><img src="https://photo-assets.superyachttimes.com/photo/262245/image/large-fb5c3f51ae2f4dde047a038f63d0adf0.jpg" data-gid="gid://syiq/Photo/262245">The team is now waiting for high tide tomorrow morning, when she will be loaded onto a floating pontoon so that he propellors can be fitted. She is expected to be in the water in the coming days and for sea trials to begin towards the end of the week. Performance-wise, the Ducale 120 is equipped with twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines that allow her to reach a top speed of 14 knots, with a cruising speed of 12 knots.&nbsp;

Ocean King’s 37m Ducale 120 yacht launched

Ocean King has announced the launch of the 37m Ocean King Ducale 120 motor yacht in Italy.

First 37m Ocean King Ducale 120 superyacht prepares for launch

Vilanova i La Geltrú has been announced as the host venue for the first Preliminary Regatta of the <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">America’s Cup</a>. The first-ever Preliminary Regatta will take place from 14 until 17 September 2023.Vilanova i La Geltrú is a small city 45 kilometres southwest along the coast from the <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">America’s Cup</a> 37th edition host venue Barcelona. Racing will take place outside the port entrance, affording excellent viewing opportunities for spectators.<img src="https://photo-assets.superyachttimes.com/photo/262196/image/large-33448642745d58b02640549e1330693d.jpeg" data-gid="gid://syiq/Photo/262196">“The Port of Vilanova i la Geltrú is perfectly set up to host the first Preliminary Event of <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">AC37</a> with everything in such close proximity to the race course,” said <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">America’s Cup</a> Event CEO Grant Dalton. “Racing will be just metres from the port entrance and prime viewing places will be offered from the La Daurada alongside huge public areas for a great fan village.” The regatta will also be broadcast through a dedicated <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">America’s Cup</a> television production.“The magnificent facilities of Pendennis Vilanova and Vilanova Grand Marina will serve as the technical area which will host the team bases and their AC40’s and, of course, we will be proud to align with the Club Nàutic Vilanova as the local yacht club for the event,” added Grant Dalton.<img src="https://photo-assets.superyachttimes.com/photo/190141/image/large-6046e01182749f07cc54236cc31928fe.jpg" data-gid="gid://syiq/Photo/190141">The regatta will be sailed in the fleet of AC40’s in strict One Design class measurement as will be used for the Youth and Women’s <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">America’s Cups</a>. This ensures the boats are equally matched and the winner will be decided based on sailing technique and foiling race-craft. The regatta gives a first glimpse of the <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">America’s Cup</a> elite teams in action.<img src="https://photo-assets.superyachttimes.com/photo/262244/image/large-b92e95b659650492c92f50bea76e980d.jpeg" data-gid="gid://syiq/Photo/262244">Albert Castellanos, Secretary for Business and Competitiveness of the Department of Business and Employment of the Generalitat de Catalunya added, "The confirmation of Vilanova i la Geltrú as the venue for the first Preliminary Regatta of the <a data-gid="gid://syiq/Event/190" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="America's Cup 2024 - 37th America's Cup Barcelona">37th America's Cup-Barcelona 2024</a> is great news that confirms the commitment of the organisation to bring the sport of sailing to the whole territory, projecting our image to hundreds of millions of people around the world.”<img src="https://photo-assets.superyachttimes.com/photo/262243/image/large-84ded0f239c908bbd09494895bf9c5a7.jpeg" data-gid="gid://syiq/Photo/262243">The Club Nàutic Vilanova, a large sailing club based in the region, is lending its support to the regatta with its world-class facilities and infrastructure.In addition, the La Daurada restaurant and event venue, La Daurada, will become the social focal point of the regatta. The 10,000 square metre venue overlooks the regatta course, making it an ideal space to host the press centre and hospitality facilities. Mayor of Vilanova, Olga Arnau, said, “I am sure that our town will be a fantastic venue for the competition in the eyes of the world.”

Vilanova i La Geltrú to host AC37 preliminary regatta

Vilanova i La Geltrúhas been announced as the host venue for the preliminary regatta of the America’s Cup in September 2023.

Vilanova i La Geltrú to host Preliminary Regatta of the 37th America’s Cup

The yacht tender builder <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> is known for its sophisticated level of construction and engineering when it comes to fibreglass and carbonfibre vessels. The Australia-based shipyard builds to a vast array of requirements, while ensuring that each tender meets its high quality and integrity standards– and the 8.1-metre <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is no exception.<img src="https://photo-assets.superyachttimes.com/photo/194897/image/large-c15d1dc96cc0b109711ae0053b191d81.jpg" data-gid="gid://syiq/Photo/194897">The <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is a customisable tender that is able to mirror elements and details of her mothership. The sleek enclosed tender allows owners to adapt her proven design to create a cohesive fleet, while retaining <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a>’s immaculate finish.<img src="https://photo-assets.superyachttimes.com/photo/194836/image/large-93114644962e04f827a32e7ac682208c.jpg" data-gid="gid://syiq/Photo/194836">The 8.1-metre <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is of unique distinction, packed with features that make her stand out from other competitors. Her stylish exterior includes side decks that run the full length of the cabin, making access from helm aft on both sides functional, and safe for crew and guests alike.<img src="https://photo-assets.superyachttimes.com/photo/194905/image/large-78ad2d761e88bc16d90a5af3f5af1343.jpg" data-gid="gid://syiq/Photo/194905">The quality and construction of <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> tenders is second to none, with features specific to both the owners requests and imagination. The <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine introduces guests to safe and relaxing yachting with an impressive interior design.<img src="https://photo-assets.superyachttimes.com/photo/194903/image/large-9530354a0398235c15d08f368c7c1c39.jpg" data-gid="gid://syiq/Photo/194903"><img src="https://photo-assets.superyachttimes.com/photo/194901/image/large-934b9cfa0c098ab5f950f900dcf0d8e8.jpg" data-gid="gid://syiq/Photo/194901">The 8.1-metre <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine tender welcomes guests onboard from her boarding foyer and accommodates them with excellent headroom. Her 2.49-metre beam complements her comfortable seating to allow for a safe and reliable journey.<img src="https://photo-assets.superyachttimes.com/photo/194834/image/large-d19db97e595c8f3a6eca26d852321121.jpg" data-gid="gid://syiq/Photo/194834">The <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is able to carry up to 12 guests, alongside a crew of two to ensure that guests always receive the highest quality of service to match her impressive performance.<img src="https://photo-assets.superyachttimes.com/photo/194832/image/large-71a0abbf17b69f7842bff204a0fabd93.jpg" data-gid="gid://syiq/Photo/194832">Guests onboard the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine are also able to take advantage of her large windows and spacious air-conditioned interior, as well as her height-adjustable roof. The adaptable roof is electrically operated and auto lockable at any height, and allows the owner to control the airflow through the cabin when moving or stationary.<img src="https://photo-assets.superyachttimes.com/photo/194906/image/large-07090327e83dfe557ca9f5cd473ab1cc.jpg" data-gid="gid://syiq/Photo/194906">The uber-sleek and sophisticated design of the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine tender allows for easy storage when not in use. At just 1.86-metres in height, she is able to fit into a very low transom garage, making her a versatile tender.<img src="https://photo-assets.superyachttimes.com/photo/194895/image/large-b86a2f0d91e499c0ee22d5083e8a88d3.jpg" data-gid="gid://syiq/Photo/194895">Performance-wise, the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine is equipped with twin <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> D3, 200 horsepower engines as standard. With an eye-watering top speed of 38 knots, the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine includes steering and throttle by wire, a single throttle control and joystick docking.<img src="https://photo-assets.superyachttimes.com/photo/194881/image/large-906c02ada528698d204bb8dc1f23e22c.jpg" data-gid="gid://syiq/Photo/194881">In terms of propulsion, the <a data-gid="gid://syiq/Company/4218" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vikal International (Company)">Vikal</a> SP Limousine tender is fitted with twin <a data-gid="gid://syiq/Company/1450" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo (Company)">Volvo</a> DPS Duoprop drives with twin horsepower bow thrusters to ensure that guests always arrive at their destination efficiently and in style.<img src="https://photo-assets.superyachttimes.com/photo/194835/image/large-2a042d68bcf97d71bab68228413bd689.jpg" data-gid="gid://syiq/Photo/194835">

Introducing the Vikal SP 8.1m Limousine tender

Introducing the Vikal SP 8.1m Limousine tender, packed with features that make her stand out from other competitors.

<a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> and <a data-gid="gid://syiq/Company/2169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Messerschmitt Yachts GmbH (Company)">Messerschmitt Yacht Design</a> have unveiled the renderings for a new 78.8-metre superyacht concept, MTT-Shield. The concept was created by <a data-gid="gid://syiq/Company/5" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nobiskrug (Company)">Nobiskrug</a> in collaboration with Swiss design studio <a data-gid="gid://syiq/Company/2169" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Messerschmitt Yachts GmbH (Company)">Messerschmitt Yachts</a>. She was designed for long-range journeys across all oceans, described as an oceangoing ‘long bonnet racing car’. <img src="https://photo-assets.superyachttimes.com/photo/262194/image/large-044eb13941c2061b56e7fba0bd70b4b7.jpeg" data-gid="gid://syiq/Photo/262194">MTT-Shield offers three different entry points. Guests can board at the stern thanks to a large twin platform and twin staircases ascending to the main deck aft. Alternatively, guests can also enter via the hydraulic foldable gangway on the starboard side. The third major access point is the large helipad, featuring broad staircases on both sides that lead to a hidden relaxation area in front of the wheel house. <img src="https://photo-assets.superyachttimes.com/photo/262188/image/large-f2174d1c3483f189dbb013534f807611.jpeg" data-gid="gid://syiq/Photo/262188">Inside, MTT-Shield provides a sumptuous interior and several lounges to ensure a comfortable stay onboard. Surrounded by floor-to-ceiling windows, passengers are spoiled with splendid panoramic views of the ocean. The main saloon features large sliding doors on either side to fill the space with fresh air. The central elevator connects each of the four levels, allowing for easy access throughout the yacht. <img src="https://photo-assets.superyachttimes.com/photo/262192/image/large-ec2f821ea18661565946ce9498f9b4ea.jpeg" data-gid="gid://syiq/Photo/262192">Her six-stateroom configuration includes a full-beam owner’s suite on the main deck, with the remaining guest staterooms situated on the lower deck. The spacious owner’s suite benefits from a private office, dressing room, and a balcony, creating a private hideaway onboard. She is able to accommodate up to 18 crew to ensure her guests have a comfortable cruising experience.<img src="https://photo-assets.superyachttimes.com/photo/262191/image/large-881ffdb9a6ba1f510577553646482102.jpeg" data-gid="gid://syiq/Photo/262191">MTT-Shield’s exterior boasts numerous luxurious amenities, perfect for lengthier cruises. On her lower deck, guests can wind-down in the fully-equipped spa, which contains a plunge pool, hammam, and a sauna. Her generously-sized tender garage is able to store a plethora of toys, so guests can turn the ocean into their own personal playground.<img src="https://photo-assets.superyachttimes.com/photo/262190/image/large-d031fb666e06d2a390673752cd5c5aba.jpeg" data-gid="gid://syiq/Photo/262190">Up on the main deck lies more lounging areas, including a large Jacuzzi, and an alfresco dining area for 12, shaded to block any uncomfortable sunlight while dining. A bar, ideal for evening cocktails, is located next to the dining area. Her sundeck features a fitness area, another Jacuzzi, and more seating options, so guests can sit back and relax after a satisfying training session.<img src="https://photo-assets.superyachttimes.com/photo/262195/image/large-2b7cfd9f4716a88dd5cff69aa84d8db5.jpeg" data-gid="gid://syiq/Photo/262195">Performance-wise, the motor yacht is able to reach a top speed of 17 knots and a cruising speed of 12 knots.

Nobiskrug unveils new 79m superyacht concept MTT-Shield

Nobiskrug and Messerschmitt Yacht Design have unveiled the renderings for a new 78.8-metre superyacht concept, MTT-Shield.

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MTT-Shield: Nobiskrug and Messerschmitt Yacht Design unveil new 79m superyacht concept

Unique superyacht beach clubs

SuperYacht Times has rounded up some of the best Superyacht beach clubs featuring wellness spas, swimming pools, cocktail bars, and much more. 

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A closer look at 5 unique superyacht beach clubs

The 26.42-metre <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow</a> motor yacht <a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> was sold in an in-house deal by Brandon Barnes from <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a>, who represented both the buyer and the seller. <img src="https://photo-assets.superyachttimes.com/photo/254430/image/large-a0023b2be0985dcb1a2d8b5155130bb1.jpeg" data-gid="gid://syiq/Photo/254430"><a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> was delivered in 2016 from <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow’s</a> shipyard in China. She was fully designed by her builder, who provided her with the finest equipment and the newest generation of technology. <img src="https://photo-assets.superyachttimes.com/photo/254437/image/large-04598ded75d11d7f95f1da2542fa1b39.jpeg" data-gid="gid://syiq/Photo/254437"><a data-gid="gid://syiq/Yacht/12339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Never My Love26.42m (86'8&quot;)Marlow Yachts2016">Never My Love</a> features a functional layout with a spacious and modern interior. Her main saloon is surrounded by windows and contains a white L-shaped sofa accompanied by armchairs, a wide-screen television, and a bar forward. She can accommodate up to eight guests across four sumptuous staterooms, including a full-beam master suite with plenty of storage space. <img src="https://photo-assets.superyachttimes.com/photo/254428/image/large-dd644a92e665bfe35bffc068bcc687b2.jpeg" data-gid="gid://syiq/Photo/254428"><img src="https://photo-assets.superyachttimes.com/photo/254427/image/large-20f7b4c9f320669aa0e95fd6bcd351b6.jpeg" data-gid="gid://syiq/Photo/254427">Her exterior decks offer numerous seating options, including a wet bar equipped with a grill area and fridge, sunbeds, and an alfresco dining table.<img src="https://photo-assets.superyachttimes.com/photo/254423/image/large-56b84ad6e71c941b2c8cb4815bd47601.jpeg" data-gid="gid://syiq/Photo/254423">Performance-wise, the 131 GT motor yacht 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, allowing her to reach a top speed of 29 knots and a cruising speed of 24 knots. At the time of her sale, she had a last-known asking price of $3,695,000.

26m Marlow motor yacht Never My Love sold

The 26.42-metre Marlow motor yacht Never My Love sold with a last-known asking price of $3,695,000.

Yachting Dinner Night, the culinary event dedicated to the leading players of the contemporary superyacht scene, arrived for the second time in Pietrasanta, Viareggio, Italy. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/261856/image/large-eec070df5f80b9517b72715376fdaa6f.jpg" data-gid="gid://syiq/Photo/261856">The previous two editions in Pietrasanta and Amsterdam were a great success and inspired curators <a data-gid="gid://syiq/Company/7067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Towant (Company)">TOWANT</a> and <a data-gid="gid://syiq/Company/7068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ceragioli-Storåkers Associates (Company)">Ceragioli-Storåkers Associates</a> to replicate the event once again. The dinner was held on 14 March.Five shipyards competed against one another to present the best dish to an audience of nautical-architectural practices, international design brands and the press. As “chefs”, the shipyards are the protagonists of Yachting Dinner Night, with each proposing a dish that tells something about its history, philosophy or projects. <img src="https://photo-assets.superyachttimes.com/photo/261852/image/large-d7a00d30a1e0cc0e4594379d2d9efc9b.jpg" data-gid="gid://syiq/Photo/261852"><a data-gid="gid://syiq/Company/86" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amico & Co. s.r.l. (Company)">Amico &amp; Co</a>, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, Amer Yachts, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> took to the kitchen for the first Yachting Dinner Night of 2023. But before guests were invited to sit down and enjoy the curated dishes, a presentation of both Yachting Dinner Night and its protagonists was held nearby at Barbara Paci Art Gallery, a contemporary gallery in Pietrasanta historical centre. <img src="https://photo-assets.superyachttimes.com/photo/261858/image/large-84d8562ed31eb60691909eb4135aada9.jpg" data-gid="gid://syiq/Photo/261858"><img src="https://photo-assets.superyachttimes.com/photo/261860/image/large-ba54d365d65d7465b248ce2cd191c475.jpg" data-gid="gid://syiq/Photo/261860"><img src="https://photo-assets.superyachttimes.com/photo/261862/image/large-f038aec91cc2bd29865690bbf6c60a60.jpg" data-gid="gid://syiq/Photo/261862">The dinner itself was hosted at the vibrant kitchen that conjoins the gallery, Ristorante Filippo. The shipyards arranged a five courses menu of creative dishes: Sinergia, a typical capponada from Liguria; OSS-Paragus Bake, a silver-plated fish &amp; asparagus that pays tribute to Heesen’s Dutch origins; The Blooming Effect, a green risotto with flowers from Sanremoen tradition; Muscoli a km 0, mussels from La Spezia, Italy; and The Origin of Beauty, a special dessert to celebrate Benetti’s 150th birthday.<img src="https://photo-assets.superyachttimes.com/photo/261863/image/large-85f4db16e99c3b81f62cbe1f2175dfe9.jpg" data-gid="gid://syiq/Photo/261863"><img src="https://photo-assets.superyachttimes.com/photo/261853/image/large-010395619f68ac51dc8ee1ff8dd596b4.jpg" data-gid="gid://syiq/Photo/261853"><img src="https://photo-assets.superyachttimes.com/photo/261855/image/large-af00dac7a67359fda6ad2c1efe1cc516.jpg" data-gid="gid://syiq/Photo/261855">Cesana, Dornbracht, Flos, Model Maker Group and Videoworks, as well as representatives from <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">SYBAss</a> and the <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>, formed the jury. While the media, including a representative of SuperYacht Times, had a separate vote for the press award. <img src="https://photo-assets.superyachttimes.com/photo/261857/image/large-e93a29bcd270f8332c10e6858b5daa66.jpg" data-gid="gid://syiq/Photo/261857">The votes were cast and, while all shipyards were awarded merit and praise for their participation, <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> was the unanimous winner, claiming both the Yachting Dinner Night Award and the Press Award.Read:&nbsp;<a data-gid="gid://syiq/Article/57183" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A recap of the Amsterdam Yachting Dinner Night (2022-11-28 11:00:00 +0100)">A recap of the Amsterdam Yachting Dinner Night</a><img src="https://photo-assets.superyachttimes.com/photo/261859/image/large-adf7ce7d3cb26ba833f12d9d578956d1.jpg" data-gid="gid://syiq/Photo/261859">Yachting Dinner Night once again proved to be a great success, promising to become a staple event that moves from location to location. Organisers <a data-gid="gid://syiq/Company/7067" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Towant (Company)">TOWANT</a> and <a data-gid="gid://syiq/Company/7068" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ceragioli-Storåkers Associates (Company)">Ceragioli-Storåkers</a> are already planning the next dinner, which will be held in the Principality of Monaco. This convivial event, aimed at engaging guests, has aroused a lot of interest in building and nurturing networks in the world of yachting.<img src="https://photo-assets.superyachttimes.com/photo/261861/image/large-f9ff5e3309acce59c6501543a20bce15.jpg" data-gid="gid://syiq/Photo/261861">

Yachting Dinner Night in Pietrasanta before YARE 

Yachting Dinner Night had a successful third event, held in Pietrasanta Italy. Benetti was named winner with its desert Origin of Beauty. 

A third success for Yachting Dinner Night in Pietrasanta

After a three day battle is customary high winds and bright sunshine, the 33.24-metre <a data-gid="gid://syiq/Company/8" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Denship A/S (Company)">Royal Denship</a> sailing yacht <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> won the St Barths Bucket 2023 over this weekend. 25 yachts competed between the five racing classes that took part in this year's event; Les Gazelles, Les Elegantes, Les Mademoiselles, L'Esprit 1 and L'Esprit 2 (the Corinthian Spirit Class). <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a>, the 51.7-metre <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a>, a regular on the race circuit, took home the prize for best owner driven performance, while her sistership the <a data-gid="gid://syiq/Company/60" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alloy Yachts (Company)">Alloy Yachts</a> 51.7-metre <a data-gid="gid://syiq/Yacht/1226" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prana51.7m (169'7&quot;)Alloy Yachts2006">Prana</a>, was awarded best starter.<img src="https://photo-assets.superyachttimes.com/photo/262098/image/large-a9663124253318752df558799d73ca73.jpg" data-gid="gid://syiq/Photo/262098"><img src="https://photo-assets.superyachttimes.com/photo/262018/image/large-d987aa7f202ad57c9f622d7c1de9f44b.jpg" data-gid="gid://syiq/Photo/262018"><img src="https://photo-assets.superyachttimes.com/photo/262068/image/large-da7bd64052ae4e40c41a7d94b6f1afe1.jpg" data-gid="gid://syiq/Photo/262068">Race Day 1The first day of the regatta saw the fleet sail counterclockwise in an 28-25 knot northerly, with the conditions forcing three yachts to withdraw from the 20-26 nautical mile course.&nbsp;“After our light-air training this week, today was a wake-up call, but expected,” said Tom Whidden, helmsman for the smallest yacht in the fleet, the 28 metre ketch <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a>, which won Les Mademoiselles. “It was really rough in the corner on the other side of the island, on the way to the rock (a natural mark of the course named Ile Fourchue), but we were happy with the crew work and the boat management.” Whidden has won the Bucket before on <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a>&nbsp;and twice more on different entries (including <a data-gid="gid://syiq/Yacht/2250" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kawil34.14m (112'0&quot;)Derecktor Shipyards2000">Kawil</a>, last year). He added with a chuckle, “You see, the captains of these boats tell you they will kill you if you break anything, so you have to be careful with your resources.” &nbsp;(<a data-gid="gid://syiq/Yacht/2250" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kawil34.14m (112'0&quot;)Derecktor Shipyards2000">Kawil</a>, sailing this year against Whidden’s team, retired due to a headstay furler that broke near Ile Fourche.)<img src="https://photo-assets.superyachttimes.com/photo/262024/image/large-7b2364e42cda9f5e3493ba2c97459efa.jpg" data-gid="gid://syiq/Photo/262024"><img src="https://photo-assets.superyachttimes.com/photo/262022/image/large-55d4467729a449d63a85cf4909f28a41.jpg" data-gid="gid://syiq/Photo/262022">Peter King, navigator aboard the 52 metre sloop <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a>, which won L’Esprit 1, said his team “didn’t have the best start but made up for it later and didn’t break anything.” This is King’s fifth time competing in the Bucket and first time sailing in the “Corinthian Spirit” class. More important, it is the first time <a data-gid="gid://syiq/Yacht/66" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Red Dragon51.7m (169'7&quot;)Alloy Yachts2008">Red Dragon</a> has ever raced period, so the yacht’s owner is delighted. “The owner loves to drive, so he drove the whole time and did a great job,” said King.The 44-metre schooner <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a>, one of the most elegant yachts in the L'Esprit 2 fleet, recorded a 43.5 degree of heel on its winning sprint. “We were taking a lot of water over the deck but we were under control,” said guest crew Jakob Havrlant, who counts this as his first Bucket but says it won’t be his last. “Some of the sloops were catching us upwind, but we were a reaching machine on the other legs. It was a perfect race for us.”<img src="https://photo-assets.superyachttimes.com/photo/262032/image/large-3b5b9f18e2aeb1b28744676f0fdc61b6.jpg" data-gid="gid://syiq/Photo/262032"><img src="https://photo-assets.superyachttimes.com/photo/262031/image/large-0ec3a3f6dab99fc18126e6e86b5123fb.jpg" data-gid="gid://syiq/Photo/262031">Race Day 2The second day saw yet another high wind event with 25-27 knots over the 23-26 nautical mile course. “It was a lot of wave action and wind, with gust of 25-27 knots,” said Steve Rowland, the owner/driver of the 34 metre sloop <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a>, which now leads Les Mademoiselles after suffering a steering problem and finishing fourth yesterday. “It made for a lot of hard work, but we won, so I guess that was a good thing!” <img src="https://photo-assets.superyachttimes.com/photo/262028/image/large-63d1c5872098bfe93ae5d3dd11b57f38.jpg" data-gid="gid://syiq/Photo/262028"><img src="https://photo-assets.superyachttimes.com/photo/262030/image/large-4420de271e2f182aa983a156bd435a38.jpg" data-gid="gid://syiq/Photo/262030">The yacht was the fourth to cross the start line, but was the first to cross the finish line, despite an issue with her spinnaker during the opening leg. She managed to peg <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a> to cross the line first, followed closely by <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and the <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman Shipyard BV (Company)">Royal Huisman</a> sloop <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a>.<img src="https://photo-assets.superyachttimes.com/photo/262103/image/large-eb6046c44b2cb0daea1b7999db055ee6.jpg" data-gid="gid://syiq/Photo/262103"><img src="https://photo-assets.superyachttimes.com/photo/262104/image/large-2e8fe29f68d01d3f44b25d15f34e30d9.jpg" data-gid="gid://syiq/Photo/262104">In Les Gazelles class the <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a> yacht <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> took the top spot, overtaking the Day 1 winner, another <a data-gid="gid://syiq/Company/327" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baltic Yachts (Company)">Baltic</a>, <a data-gid="gid://syiq/Yacht/1163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Visione44.84m (147'1&quot;)Baltic Yachts2002">Visione</a>. “Yesterday we got stuck behind some other boats and <a data-gid="gid://syiq/Yacht/1163" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Visione44.84m (147'1&quot;)Baltic Yachts2002">Visione</a>, faster on the reaches, beat us right at the end,” said <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>’s Captain Will Glenn, explaining that today, with longer downwind legs than yesterday, <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a> had an advantage. “It is what <a data-gid="gid://syiq/Yacht/4749" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="WinWin33.04m (108'5&quot;)Baltic Yachts2014">WinWin</a>&nbsp;is designed for, and tomorrow’s course has lots of downwind in it, too, so we are confident we can win.”In the L’Esprit 2 Columbia once again took the top spot, with the 52-metre <a data-gid="gid://syiq/Yacht/401" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Q52.0m (170'7&quot;)Alloy Yachts2008">Q</a> close behind her and 56.1-metre <a data-gid="gid://syiq/Yacht/1936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Melek56.01m (183'9&quot;)Perini Navi2010">Melek</a> taking the third position.<img src="https://photo-assets.superyachttimes.com/photo/262038/image/large-cc10bb13691545eabe92a582675dd8ee.jpg" data-gid="gid://syiq/Photo/262038"><img src="https://photo-assets.superyachttimes.com/photo/262057/image/large-864b8c3fbf9a53d71b6cfac7007f653a.jpg" data-gid="gid://syiq/Photo/262057">Race Day 3The wind on this last day of the three-day series toned down ever so slightly to 18-24 knots, giving sailors somewhat of a reprieve from the 20-26 knots that prevailed on Friday and Saturday. In all classes, the leaders of Day 2 held their own to clinch overall victory on the final race day.“The wind and sea state was definitely at the upper end for some boats, and certainly for the Race Committee making decisions,” said Race Chairman Peter Craig. “Typically, we sail around the island on Sunday, but we made a decision to keep the boats in the lee of St. Barths for the larger part of today’s race with a course option that was newly added to the Bucket this year.”<img src="https://photo-assets.superyachttimes.com/photo/262059/image/large-752263cd59cbb776f083830aeaf328c1.jpg" data-gid="gid://syiq/Photo/262059"><img src="https://photo-assets.superyachttimes.com/photo/262060/image/large-e591bf54e38666089bf3a4465ed2aa27.jpg" data-gid="gid://syiq/Photo/262060"><a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> won the six-boat Mademoiselles to take overall victory in that class with a 4-1-1 score line. “I’m over the top about it,” said <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a>’s owner/driver Steve Rowland, explaining that this is his fourth Bucket with <a data-gid="gid://syiq/Yacht/72" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nakupenda33.24m (109'1&quot;)Royal Denship A/S2005">Nakupenda</a> and his first class win, not to mention overall victory, which is decided by a number of factors including performance and time differentials. “We were in a three-way tie going into today with <a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a>, so we knew we had to beat both of them. I tried not to think of anything but getting to the finish line once we had passed Bequia (the 28 metre ketch that started ahead) in the final miles of the race and had <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a> (the 37 metre sloop that started behind) gaining on us from behind.” (<a data-gid="gid://syiq/Yacht/7754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bequia27.61m (90'7&quot;)Brooklin Boat Yard 2009">Bequia</a> and <a data-gid="gid://syiq/Yacht/5558" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Action37.3m (122'5&quot;)Royal Huisman Shipyard BV2015">Action</a> finished second and third, respectively, in overall results.)<img src="https://photo-assets.superyachttimes.com/photo/262087/image/large-eefdccb01be2ca2a8ff27ac454f9585f.jpg" data-gid="gid://syiq/Photo/262087">In the L’Esprit 2 Corinthia Spirit Class Columbia held her own and was the only class winner to also win every one of her races. The 49.8-metre <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> <a data-gid="gid://syiq/Yacht/925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almyra II49.8m (163'5&quot;)Perini Navi2000">Almyra II</a> was her closest competitor, taking the second position. <img src="https://photo-assets.superyachttimes.com/photo/262015/image/large-673bdaf099414fbd8852e797abee99af.jpg" data-gid="gid://syiq/Photo/262015">“In both the first and second races, <a data-gid="gid://syiq/Yacht/925" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Almyra II49.8m (163'5&quot;)Perini Navi2000">Almyra II</a> was ahead of us,” said <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a>’s tactician Tony Rey, “and I have to give credit to our crew members who handled the spinnaker, because we were able to pass them back both times on downwind legs.” On day one, <a data-gid="gid://syiq/Yacht/5645" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Columbia43.03m (141'2&quot;)Eastern Shipbuilding Group2014">Columbia</a> started first and finished first, putting others on alert that this was not just a modern-built recreation of a 1924 fishing schooner that would be slogging around the course. “The boat’s like one of those old flexible flyer sleds you might have had when you were a kid; everything moves and bends but it keeps moving ahead,” said Rey. “We had a mix of traditional schooner sailors and grand prix sailors working together. Our navigator Nacho Postigo helped bring some digital know-how to an analog boat and tracked our progress over the last three days; it was nice to see how we improved as a team.”<img src="https://photo-assets.superyachttimes.com/photo/262092/image/large-9842c9b7f11fc4741ac716d38bb4b863.jpg" data-gid="gid://syiq/Photo/262092"><img src="https://photo-assets.superyachttimes.com/photo/262094/image/large-8f33ee74c55528b13ccf3ce367b5faa7.jpg" data-gid="gid://syiq/Photo/262094">

St Barths Bucket 2023 results

The St Barths Bucket 2023 came to a close over the weekend with Nakupenda taking the top spot.

St Barths Bucket 2023: Nakupenda winner, with Red Dragon and Prana awarded special prizes 

The <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City Marina &amp; Shipyard</a> have announced that they have increased their superyacht lifting capacity to 300 tonnes, after upgrading their custom built ASCOM straddle carrier. The lift’s upgrades were completed by Aerlift’s Gold Coast technicians and has an overall increased capacity of 20 percent.<img src="https://photo-assets.superyachttimes.com/photo/201024/image/large-77e1ac670847a4437530e5c568a01a35.jpg" data-gid="gid://syiq/Photo/201024">The first vessel to be officially lifted with <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City’</a>s increased capacity lift was the 55-metre superyacht <a data-gid="gid://syiq/Yacht/269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceana55.0m (180'5&quot;)Oceanfast1991">Oceana</a>, weighing in at almost 290 tonnes. <a data-gid="gid://syiq/Yacht/269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceana55.0m (180'5&quot;)Oceanfast1991">Oceana</a> is just one of the many larger vessels that have recently visited <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City Marina &amp; Shipyard</a>. Kevin Altera, the Manager of Operations and Business Development comments, “The size of vessels visiting <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">GCCM</a> has grown exponentially in recent years. Now we are able to continually service long standing customers who have purchased larger vessels and further assist and support vessels who were previously only serviceable on-water.”<img src="https://photo-assets.superyachttimes.com/photo/201022/image/large-f324924951cd3cd64cc6935e90d0c1f4.jpg" data-gid="gid://syiq/Photo/201022"><img src="https://photo-assets.superyachttimes.com/photo/201020/image/large-5469e88188b875582ff3dd1b6e786346.jpg" data-gid="gid://syiq/Photo/201020"><img src="https://photo-assets.superyachttimes.com/photo/201021/image/large-c3811523ae1723ce788340ce13688d83.jpg" data-gid="gid://syiq/Photo/201021">The Australian marina and shipyard’s move to increase lifting capacity comes as demand for on-water service berths for vessels up-to 75-metres has also increased. Such vessels to have been refitted or refinished include the 63.4-metre <a data-gid="gid://syiq/Yacht/2673" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuRi63.4m (208'0&quot;)Halter Marine1978">SuRi</a>, 73.3-metre <a data-gid="gid://syiq/Yacht/1840" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dragonfly73.3m (240'6&quot;)Silver Yachts2009">Dragonfly</a>, 68-metre <a data-gid="gid://syiq/Yacht/1503" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lady Christine68.0m (223'1&quot;)Feadship2010">Lady Christine</a> and 43.28-metre <a data-gid="gid://syiq/Yacht/1918" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Playpen43.28m (141'12&quot;)Richmond Yachts2007">Playpen</a>.<img src="https://photo-assets.superyachttimes.com/photo/201025/image/large-868ea92fcca5fde326ede0c889348661.jpg" data-gid="gid://syiq/Photo/201025"><a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City Marina &amp; Shipyard</a>, among other superyacht marinas and refit yards in Australia, plan to more than double in size and continue to increase lifting capacity by 400 percent in the future. The region has experienced and anticipates a continual increase in demand for their services in tandem with the region’s, and surrounding regions’, flourishing superyacht markets.

Gold Coast City Marina & Shipyard increase their lifting capacity

Australian refit yard and marina Gold Coast City Marina & Shipyard have announced that they have increased their lifting capacity.

Gold Coast City Marina & Shipyard lift 55m Oceana after increasing lifting capacity

<a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate Marina and Shipyard</a> in Brisbane, Australia has just secured council approval for a $200 million AUD expansion, moving the Brisbane region forward in its plans to become a premier Asia Pacific superyacht destination. <img src="https://photo-assets.superyachttimes.com/photo/224514/image/large-e191b1448da2cf7d76e308e1624c2fe5.jpg" data-gid="gid://syiq/Photo/224514">The expansion includes a $35 million state-of-the-art shiplift, capable of lifting vessels of up to 3,000 tonnes and 90 metres, and new hardstand space, sheds and berthing to service multiple large vessels at the same time.In a statement release this morning, the shipyard announced that on completion, the expansion would generate an estimated 2,000 new jobs for marine and tourism sectors, inject close to $1 billion into the Queensland economy each year, and ensure the region’s maritime industry is ready for the 2032 Olympic Games.In addition to the shipyard and marina, the site will feature a trade centre, with a 5-storey purpose-built facility for training spaces, cafes, accommodation and crew facilities. <a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate Marina &amp; Shipyard</a> Director Tom Hill commented; "“This approval means our expansion is now shovel ready and just waiting on government funding &nbsp;support to get under way. Brisbane is already an ideal location for servicing and repairing superyachts, several classes of &nbsp;Defence vessels and other commercial shipping.”The <a data-gid="gid://syiq/Company/3256" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rivergate Marina & Shipyard (Company)">Rivergate Marina &amp; Shipyard</a> was established in 2006 and is a customs clearance marina offering deep water access on all tides.&nbsp;

Rivergate Marina and Shipyard expansion

Rivergate Marina and Shipyard has secured council approval for $200 million expansion.

Rivergate Marina & Shipyard, Brisbane, secures approval for $200 million AUD expansion

<a data-gid="gid://syiq/Company/3259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southport Yacht Club Marina (Company)">Southport Yacht Club</a> in Queensland, Australia has opened a new superyacht berth. The pontoons, built by Eleven Superior Jetties, span 160 metres and can accommodate yachts up to 130 metres in length. <img src="https://photo-assets.superyachttimes.com/photo/171529/image/large-59c6e88a5a3d7ec73aa8fbe883e71ede.jpg" data-gid="gid://syiq/Photo/171529">Over 600 club &amp; community members, government representatives and industry leaders attended the milestone event, which is a key part of the Queensland Government’s superyacht strategy that aims to make Queensland the superyacht hub of the Asia-Pacific.Read:&nbsp;<a data-gid="gid://syiq/Article/53010" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unpicking the Asian yacht market 'boom' (2021-05-25 11:45:00 +0200)">Unpicking the Asian yacht market 'boom'</a>Suzanne Davies, Chief Executive Officer of the Marina Industries Association, shared on LinkedIn that “John Hogan and his Superior Jetties team were on hand to celebrate and should be very proud of the result!” <img src="https://photo-assets.superyachttimes.com/photo/171530/image/large-80e97f616105bdecd9eee2f16e83e900.jpg" data-gid="gid://syiq/Photo/171530">The <a data-gid="gid://syiq/Company/3259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southport Yacht Club Marina (Company)">Southport Yacht Club</a> first established in 1946 and is multi-award winning – most recently it was a recipient of the &nbsp;‘Hall of Fame Award’ from Keno &amp; Clubs Queensland Awards for Excellence. The club has a range of restaurants, bars as well as sailing programs and events on offer to its members. It can also host hundreds of yachts, thanks to the onsite 300-berth Marina.&nbsp;

Southport Yacht Club opens new 130m superyacht berth

Southport Yacht Club has opened a new superyacht berth. The pontoons span 160 metres and can accommodate yachts up to 130 metres in length. 