As the number of large superyachts cruising the Asia-Pacific continues to rise, so does the demand for world-class refit and maintenance services across the region. In particular, Thailand is emerging as a key hub for visiting vessels seeking reliable facilities and a high level of service.&nbsp;Between 2022 and 2024, an average of over 400 yachts exceeding 30-metres in length were recorded in the Asia-Pacific each year. This trend signals not only a growing interest in the region, but also highlights the importance of supporting infrastructure to sustain and encourage repeat visits.<img src="https://photo-assets.superyachttimes.com/photo/357888/image/large-d2a2784b617f36a6281728c56955b704.jpg" data-gid="gid://syiq/Photo/357888">To better understand how the region is responding to this shift, <a href="http://superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> spoke with Leang Narukutpichai, Managing Director of <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a> and a fourth-generation member of the family-owned refit yard based in Phuket, Thailand. Leang reflects on the shipyard’s evolution, the growing appeal of Thailand as a refit destination and how <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai</a> is positioning itself within the region’s expanding superyacht ecosystem.<img src="https://photo-assets.superyachttimes.com/photo/357884/image/large-483bdf9b1adddfbec3e553c023369877.jpeg" data-gid="gid://syiq/Photo/357884">Could you share some background on the founding of&nbsp;<a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a>&nbsp;and how the company has evolved over the years?<a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a> was established in 1979 to support the growing fleet of fishing vessels operating around Phuket. Over time, our client base diversified to include commercial vessels, Royal Thai Navy ships and privately owned yachts - both sailing and motor.As Phuket evolved into an increasingly international destination over the past few decades, the shipyard evolved in parallel. In 2021, we made a strategic decision to focus more deliberately on servicing superyachts. Since then, we’ve steadily expanded our capabilities and the response from captains, crew and management companies has been overwhelmingly positive.<img src="https://photo-assets.superyachttimes.com/photo/357889/image/large-4375885e0f15167fb5aa7fa0cd320723.jpg" data-gid="gid://syiq/Photo/357889">Could you describe the facilities and capabilities <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a> offers for yacht refit projects?At <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a>, we’re equipped to handle refit projects for vessels up to 45-metres in length, with a beam of 10.5-metres and a displacement of up to 280 tonnes. Our hardstand areas can accommodate up to 25 vessels simultaneously. We use slipways and custom cradle systems for haul-outs, allowing us to work with a wide range of hull shapes and sizes.In terms of infrastructure, we’ve made targeted investments to ensure safety and operational continuity. A backup generator keeps the yard functioning during any power outages, while an upgraded firefighting system - featuring pressurised piping throughout the facility - ensures we are prepared to respond promptly in case of emergency.Looking ahead, we are actively expanding our capabilities. A new in-water jetty service area is under development, which will enable us to carry out sea trials and onboard systems checks without requiring a haul-out.<img src="https://photo-assets.superyachttimes.com/photo/357890/image/large-754d6e977fcc5e81c6f9971b8e39e612.jpg" data-gid="gid://syiq/Photo/357890">Thailand is increasingly recognised as a leading destination for yacht refits in the Asia-Pacific region. What factors have contributed to this reputation and what more could be done to enhance the country's appeal?Thailand, especially Phuket, has really carved out a name for itself in the refit space over the past couple of years. This reputation stems from a strong network of marine professionals, skilled tradespeople and shipyards like ours that are equipped to support complex projects. It’s a combination of factors: high-quality workmanship, cost-effectiveness, and a growing capacity for technical work.The Thai government has also recognised the potential of this sector and is actively supporting its development. There is a clear initiative to position Phuket as a major hub for marine tourism and those efforts are helping to elevate its standing on the global yachting map.Lifestyle plays a significant role as well. Both owners and crew enjoy spending time in Phuket, which is one of Asia’s most popular tourism destinations. The wide range of activities available makes longer refit periods feel less like downtime and more like an opportunity, contributing to a positive experience that often leads to repeat visits.That said, the region is still developing. There’s room for improvement - particularly in streamlining infrastructure, customs procedures, logistics and tax frameworks. But the momentum is real. Interest from international players is growing, and the regional ecosystem is maturing year by year.<img src="https://photo-assets.superyachttimes.com/photo/357886/image/large-e74098759685c8ef61275867484ad7e6.jpg" data-gid="gid://syiq/Photo/357886">Skilled labour is essential to the success of any yacht refit project. What steps does&nbsp;<a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a>&nbsp;take to train and retain a highly skilled workforce?At present, we do not have a formal training programme in place, but we have been working closely with local technical colleges and regularly host interns as part of their vocational education. This experience has highlighted the potential for developing a more structured apprenticeship scheme in the future.Thailand already benefits from a deep-rooted tradition of craftsmanship and we are actively exploring ways to formalise training that both preserves this heritage and equips younger technicians with the skills required to meet the expectations of the superyacht sector.<img src="https://photo-assets.superyachttimes.com/photo/357891/image/large-23f57251c7502a0cfb67edd876acd563.jpg" data-gid="gid://syiq/Photo/357891">In what ways does your shipyard differentiate itself from competitors in the region?&nbsp;One of <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a>’s core strengths is our flexibility. We give clients the freedom to bring in their own contractors, which is often a significant advantage for captains and owners who prefer to work with trusted specialists.What also sets us apart is the quality of our in-house teams and our strong relationships with leading local contractors. Our carpentry department, in particular, is a point of pride, and interior refits are among our key areas of expertise. We maintain close partnerships with many of Phuket’s top marine professionals, who appreciate working in a clean, well-organised and supportive environment. That collaborative atmosphere enables all parties to perform at their best, ultimately delivering a smooth and successful refit for the client.&nbsp;Another notable advantage is our location. <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai Shipyard</a> is situated just 10 minutes from Phuket Town, making it a very conveniently located yard on the island. Captains and crew have easy access to restaurants, marine suppliers and international medical services- all within close reach. This proximity enhances both efficiency and quality of life during a refit period.More broadly, we see strength in Phuket’s growing marine ecosystem. Collaboration between shipyards, contractors, and suppliers contributes to an increasingly robust infrastructure. We’re committed to supporting that development, because when the industry flourishes, everyone benefits - including the client.<img src="https://photo-assets.superyachttimes.com/photo/357887/image/large-a95be9d8fa9e47e15c83ae18e8331876.jpg" data-gid="gid://syiq/Photo/357887">Last year saw a significant number of yachts coming to your yard for refits. Do you anticipate this trend will continue in 2025?&nbsp;We’re pleased to report that the demand for superyacht refits in Phuket remains strong. Last year, we welcomed a significant number of yachts to the yard, and the feedback from captains and management companies has been extremely positive.Looking ahead to 2025, we’re confident this momentum will continue. While the majority of our clients currently come from within Southeast Asia, we believe that by continuing to raise our service standards and maintaining a strong commitment to quality, we can begin attracting yachts from further afield - regions such as Hong Kong, Australia, and even Europe.&nbsp;Our long-term ambition is to position <a data-gid="gid://syiq/Company/5235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ratanachai Shipyard Co., Ltd. (Company)">Ratanachai</a>, and Phuket more broadly, as a trusted destination for high-quality, well-managed refits on a global scale.<img src="https://photo-assets.superyachttimes.com/photo/357907/image/large-e2fb312393403de0bc4bd01b9f7ee8c1.jpg" data-gid="gid://syiq/Photo/357907">Asia-Pacific Superyacht Summit 2025The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit" target="_blank">APSS</a> will take place between 7 and 8 May 2025 at the Renaissance Harbour Hotel in Hong Kong. It aims to promote the region as a yachting destination, addressing current challenges and highlighting unique opportunities. Tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2025-tickets-1139739805439" rel="noopener noreferrer" target="_blank" title="">here</a>. <img src="https://photo-assets.superyachttimes.com/photo/284217/image/large-b66ead0d6d92b5d102efb5c4693cd4ee.jpg" data-gid="gid://syiq/Photo/284217">Read:&nbsp;<a data-gid="gid://syiq/Article/62442" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit 2025 programme (2025-02-06 16:00:00 +0100)">Asia-Pacific Superyacht Summit 2025 programme</a>Set against the dynamic backdrop of Hong Kong, one of Asia’s most influential hubs for finance, commerce and luxury, the summit will offer two days of essential discussions and strategic insights.<img src="https://photo-assets.superyachttimes.com/photo/314028/image/large-f730cff9d54ca869b3d97ff122d5b924.jpg" data-gid="gid://syiq/Photo/314028">With the Asian superyacht market continuing to expand, this event is a must-attend for those seeking to understand the evolving market landscape and capitalise on new opportunities.

How Ratanachai Is shaping Phuket’s superyacht refit future

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Francesca Webster and Omi Tanchanok at the Asia-Pacific Superyacht Summit 2024

Leang Narukutpichai, Managing Director of Ratanachai Shipyard

Aerial view of Ratanachai Shipyard

The Spirit of Elijah yacht undergoing refit at Ratanachai Shipyard in Phuket, Thailand

Lady Lau yacht refit at Ratanachai Shipyard, Phuket, Thailand

unknown Benetti yacht undergoing refit at Ratanachai Shipyard in Phuket, Thailand

unknown yacht undergoing refit at Ratanachai Shipyard in Phuket, Thailand

SYT spoke with Leang Narukutpichai, of Ratanachai Shipyard on the shipyard’s evolution, the growing appeal of Thailand as a refit destination.

How Ratanachai Shipyard Is shaping Phuket’s superyacht refit future

Former Google CEO Eric Schmidt is reportedly leading a project to acquire Spanish shipyard <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a>, with the acquisition proposal submitted by U.S.-based Oyster Ocean LLC, according to Spanish media reports.<img src="https://photo-assets.superyachttimes.com/photo/400944/image/large-82f3e78cb6a98df641a475dfc3e73c1a.jpg" data-gid="gid://syiq/Photo/400944">The proposed buyer, Oyster Ocean LLC, is a Delaware-registered company incorporated earlier in January 2026. The company has established a Spanish subsidiary, Océano de Ostras SL, which has been set up as the Spanish vehicle for the proposed acquisition of <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> from <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a>.<img src="https://photo-assets.superyachttimes.com/photo/400879/image/large-3a4d237c29da2ec97f5badbfe4a2fa88.jpg" data-gid="gid://syiq/Photo/400879">Read more:&nbsp;<a data-gid="gid://syiq/Article/66638" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="US buyer set to acquire Spanish shipyard Metalships & Docks (2026-07-24 12:45:00 +0200)">US buyer set to acquire Spanish shipyard Metalships &amp; Docks</a>The deal follows last week’s report that <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> had requested authorisation from the Port Authority of Vigo to transfer its shares in the shipyard. The authority has since approved the transfer of the port concessions, clearing an important step in the process, although the ownership change has not yet been finalised.The potential acquisition comes after years of speculation over <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a>’ ownership. The Vigo-based shipyard has attracted previous investor interest, including a 2008 proposal from a Miami-based investment group led by Galician businessman Mario Pérez Rivera in a deal reportedly valued at €60 million. In 2015, China Sonangol International subsidiary CS Europe Investment acquired a stake in the company, before ownership returned to Galician investors two years later.According to reports, Oyster Ocean LLC aims to transform <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships</a> into a specialist shipyard for oceanographic vessels and exploration yachts. The reported strategy would align with Eric’s longstanding involvement in marine research through the Schmidt Ocean Institute, which he founded with his wife Wendy in 2009. The private nonprofit organisation supports oceanographic research, exploration and knowledge-sharing initiatives focused on advancing understanding of the oceans.<img src="https://photo-assets.superyachttimes.com/photo/400880/image/large-dfc93c451caf676a96be1d4ae8baf3ab.png" data-gid="gid://syiq/Photo/400880">Oyster Ocean is also reported to control a fleet of more than 20 vessels, although details of the group’s ownership structure have not been publicly disclosed. <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a>, part of <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a>, is one of Spain’s leading shipyards for repair, refit and specialised vessel construction. The Vigo-based yard operates a 162-meter floating dock and has completed projects including the sailing cruise vessel Sea Cloud Spirit, the fishing vessel Regina C and offshore support vessels such as North Sea Giant.<a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships</a> has also undertaken complex refit and maintenance projects on large yachts visiting the Mediterranean and Atlantic regions. This includes the 59-meter superyacht <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a>, launched in 2016, which was reported at the time to be the largest yacht designed and built in Spain.Neither Eric nor representatives of Oyster Ocean, <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> or <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> have publicly commented on the acquisition or the reported industrial strategy.

Former Google CEO Eric Schmidt acquires Metalships & Docks 

Former Google CEO Eric Schmidt is reportedly leading a project to acquire Spanish shipyard Metalships & Docks.

Former Google CEO Eric Schmidt linked to Spanish yard Metalships & Docks bid

Spainish shipyard <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> could soon change ownership after <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> requested authorisation to transfer its shares to a newly established company linked to a US industrial group, according to reports in the Spanish media.<img src="https://photo-assets.superyachttimes.com/photo/400880/image/large-dfc93c451caf676a96be1d4ae8baf3ab.png" data-gid="gid://syiq/Photo/400880">The proposed transaction is currently under review by the Port Authority of Vigo, which owns the land where the shipyard operates. The authority is expected to consider the request as part of its board meeting.According to Spanish newspaper Faro de Vigo, the likely buyer is Oyster Ocean LLC, a Delaware-registered company established in January 2026 and reportedly part of a larger US industrial conglomerate. The transaction would reportedly be completed through the recently incorporated Spanish company Océano de Ostras SL, although the sale has not yet been finalised.<a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> currently holds five port concessions in Vigo covering more than 33,000 square-metres of land, in addition to a floating dock occupying a further 5,730 square-metres. Earlier this year, the majority of these concessions were renewed until 2042.The potential sale follows years of speculation surrounding the future ownership of the shipyard. In 2008, Metalships attracted interest from a Miami-based investment group led by Galician businessman Mario Pérez Rivera in a deal reportedly valued at €60 million. In 2015, China Sonangol International subsidiary CS Europe Investment acquired a stake in the company before ownership returned to Galician hands two years later.<img src="https://photo-assets.superyachttimes.com/photo/400879/image/large-3a4d237c29da2ec97f5badbfe4a2fa88.jpg" data-gid="gid://syiq/Photo/400879"><a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> has remained one of Spain's leading shipyards for refit and repair work, with assets such as a 162-metre floating dock, which is one of the largest operated by a privately owned shipyard in Galicia.The yard has also delivered several high-profile projects across multiple sectors, including the 138-metre sailing cruise vessel Sea Cloud Spirit, the Regina C fishing vessel and the offshore support vessel North Sea Giant.&nbsp;In the superyacht sector, <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships</a> has established a strong reputation for undertaking complex refit and maintenance projects on large yachts visiting the Mediterranean and Atlantic regions. In 2016, they launched the 59-metre superyacht <a data-gid="gid://syiq/Yacht/3189" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maybe59.0m (193'7&quot;)Metalships & Docks S.A.2016">Maybe</a>, which at the time was the largest ever to have been designed and built in Spain.&nbsp;If the transaction proceeds, <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> will continue its shipbuilding activities through Rodman Polyships, its composites division.&nbsp;In regards to yachts, they launched the 32-metre yacht <a data-gid="gid://syiq/Yacht/5506" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nirvana32.0m (104'12&quot;)Rodman2005">Nirvana</a> in 2005, which was <a data-gid="gid://syiq/Article/62821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Three yachts destroyed in fire on Miami River (2025-03-10 10:30:00 +0100)">destroyed in a fire in 2025</a> on the Miami River, and the 24-metre <a data-gid="gid://syiq/Yacht/14144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mr Corn24.0m (78'9&quot;)Rodman2010">Mr Corn</a> in 2010.&nbsp;The company is currently working on the largest contract in its history, building 19 patrol vessels between 11 and 35 metres for the Ministry of National Defence of the Democratic Republic of the Congo in a contract valued at more than €50 million.Both <a data-gid="gid://syiq/Company/4235" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rodman (Company)">Grupo Rodman</a> and <a data-gid="gid://syiq/Company/4624" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metalships & Docks S.A. (Company)">Metalships &amp; Docks</a> have not publicly commented on the reported sale. The outcome now depends on approval from the Port Authority of Vigo before any transfer of ownership can be completed.

Metalships & Docks to be acquired by US buyer

Metalships & Docks could soon change ownership after Grupo Rodman requested authorisation to transfer its shares to a US industrial group.

US buyer set to acquire Spanish shipyard Metalships & Docks

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a> has announced the resignation of chairman and CEO Giovanni Costantino and non-executive director Gianmaria Costantino. This move triggered the dissolution of the company's entire board of directors.<img src="https://photo-assets.superyachttimes.com/photo/386329/image/large-5b57b6cc7647b019165636d2e632aab4.jpg" data-gid="gid://syiq/Photo/386329">The resignations, effective 20 July, automatically dissolved the board under the company's articles of association and Italian corporate law, as the majority of directors appointed by shareholders are no longer in office.The existing board will continue to operate on an interim basis until shareholders appoint a new board, with a meeting to be convened as soon as possible. The company said this would ensure business continuity and allow its ongoing restructuring process to continue.According to <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, the resigning directors said they had done everything possible to address the company's crisis and advance its restructuring efforts. They believe a change in governance will help strengthen stakeholder confidence, ensure continuity and maximise value for creditors.<img src="https://photo-assets.superyachttimes.com/photo/330852/image/large-4bf3eaa2517d3433bc0352c08e9306b0.jpg" data-gid="gid://syiq/Photo/330852">Read more:&nbsp;<a data-gid="gid://syiq/Article/66488" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG granted 60 days to file restructuring plan (2026-07-06 09:00:00 +0200)">TISG granted 60 days to file restructuring plan</a>The announcement comes just weeks after the company entered a court-supervised crisis regulation procedure under Italy's Crisis Code. Earlier this month, the Court of Florence confirmed protective measures allowing <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to continue operating while it prepares a restructuring plan. The measures prevent shipowners from terminating existing contracts due to shipyard defaults or enforcing related guarantees, while also providing temporary relief to key suppliers involved in projects nearing delivery.The company has said the court protections will support the completion of ongoing yacht builds and the implementation of its restructuring strategy. Subject to agreements with suppliers, clients and financing institutions, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> is also considering a capital increase of around €100 million from the fourth quarter to strengthen its financial position.Despite stepping down as chairman and CEO, Giovanni Costantino remains <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG's</a> majority shareholder, indirectly controlling 53.6 per cent of the company's share capital through GC Holding S.p.A. Gianmaria Costantino does not hold shares in the company.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">Read more: <a data-gid="gid://syiq/Article/66451" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TISG reports over €178 million net financial debt in latest restructuring update (2026-07-01 09:15:00 +0200)">TISG reports over €178 million net financial debt in latest restructuring update</a>The company added that neither director had raised objections or disputes regarding board decisions as part of their resignation. Giovanni Costantino also has no ongoing employment or contractual relationship with the company, while Gianmaria Costantino will remain an employee under his existing employment contract.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> said it will continue to update the market on developments as the restructuring process progresses.

TISG Costantino resignation

The Italian Sea Group (TISG) has announced the resignation of chairman and CEO Giovanni Costantino

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TISG chairman Giovanni Costantino resigns, triggering board dissolution

<a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has announced the appointment of Myriam Cutolo as Executive Vice President. <img src="https://photo-assets.superyachttimes.com/photo/400424/image/large-bb28a90401bc22ca0d567563f4dbb08e.png" data-gid="gid://syiq/Photo/400424">In her new role, Myriam Cutolo will coordinate the company’s administration, finance, organisation and business development activities, working in synergy with the management team and the heads of the various operational areas.Myriam brings with her extensive knowledge of the company, where she has developed her understanding of the organisation, its people and the processes in which it operates. An Olympic sailor and manager, her skills have been honed to complement the experience and skills of the team. <img src="https://photo-assets.superyachttimes.com/photo/400419/image/large-786015d14f715d880541f2641a598533.jpg" data-gid="gid://syiq/Photo/400419">Founded in 1995 by Sergio Cutolo and Silvia Himsolt, <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a> has evolved from an engineering company into a leading yacht design firm. The company has grown over the years, with the arrival of Nicola Camuffo as Chief Technical Officer (CTO) and Michele Lauriero as Chief Operating Officer (COO) in 2025.“Over more than thirty years, Sergio Cutolo built far more than a design studio: he built a culture, a vision and a wealth of expertise that today belong to all of <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>,” explained Myriam Cutolo.“My goal is not to replace my father, because a figure like his cannot be replaced, and there would be no point in trying. My role is to help ensure that what he built continues to grow and generate value through the people who lead and develop the company every day.”<img src="https://photo-assets.superyachttimes.com/photo/400421/image/large-e9c1b1f865b39b50291c37cd6dc865fe.jpg" data-gid="gid://syiq/Photo/400421">Speaking of his daughter’s transition into the role of Executive Vice President, President &amp; Founder Sergio Cutolo said: “Seeing Myriam take on this role is a source of great satisfaction for me, not only as founder but also as a father.”“What we are building together is an organisation capable of evolving while maintaining the same quality, reliability and passion that have guided us from the very beginning. That is the most important guarantee we can offer for <a data-gid="gid://syiq/Company/1181" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydro Tec (Company)">Hydro Tec</a>’s future.”

Hydro Tec appoints Myriam Cutolo as Executive Vice President

Hydro Tec has announced the appointment of Myriam Cutolo as Executive Vice President. 

Norwegian maritime technology company <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> has announced an agreement to acquire the Swedish company <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> AB.<img src="https://photo-assets.superyachttimes.com/photo/400397/image/large-a892bdf50408f966fb7e7ca3fd29bc7f.jpg" data-gid="gid://syiq/Photo/400397"><a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a leading designer and manufacturer of integrated propulsion and electrical systems for the maritime market and has demonstrated strong growth and a profitable market position in recent years.“This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments,” explained Lisa Edvardsen Haugan, CEO of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>.The financial details of the transaction are currently undisclosed, but the acquisition is priced at approximately the same EV/EBITDA level as the current pricing of <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> ASA.“<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> complements our portfolio in a highly attractive way and together we will deliver greater value through a wider offering, stronger lifecycle support and shared expertise,” added Haugan.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> will operate as a separate brand and standalone business unit within <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>’s Propulsion &amp; Handling division, allowing <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg</a>’s customer focus and culture to be maintained. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/400398/image/large-ae759ecd6b2a91de8c3c0a944c475fb2.jpg" data-gid="gid://syiq/Photo/400398">“Joining forces with <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> is an exciting opportunity for <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>. Our businesses complement each other well, and together we can create new opportunities for our customers and employees,” commented Philip Chaabane, CEO of <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>.According to <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>, the acquisition will allow them to benefit from <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.“The transaction will unlock significant potential in the aftermarket,” explained Per Håvard Siljan Hjukse, EVP Propulsion &amp;. Handling at <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a>. “We also see cross selling opportunities, such as our Energy &amp; Control products into <a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a>’s core segments, and Berg’s propeller systems into naval where KM has strong positions.”The combined propulsion portfolio will cover a full spectrum of technologies, including controllable pitch propellers and thrusters, hybrid and electrical propulsion systems and integrated vessel control solutions.In January 2026, <a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> announced that the company was formally on track to become an independent company after shareholders of Kongsberg Gruppen approved the separation at a general meeting held on Thursday 22 January 2026.Read more: <a data-gid="gid://syiq/Article/65227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime to become stand-alone company (2026-01-23 12:15:00 +0100)">Kongsberg Maritime to become stand-alone company</a><img src="https://photo-assets.superyachttimes.com/photo/400399/image/large-55d4fc3d28111400f5505de36c37d8d0.png" data-gid="gid://syiq/Photo/400399"><a data-gid="gid://syiq/Company/6426" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kongsberg Maritime (Company)">Kongsberg Maritime</a> operates across multiple maritime segments, supplying systems and solutions for offshore vessels, cruise ships, fishing vessels and naval platforms. The company is also a well-established supplier within the yacht and superyacht sector, where its integrated bridge systems, propulsion solutions and automation technologies are widely used.<a data-gid="gid://syiq/Company/8935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Berg Propulsion (Company)">Berg Propulsion</a> is a Swedish company that designs and manufactures controllable-pitch propellers for the marine industry. The company produces customised main propellers, azimuth thrusters, transverse thrusters and manoeuvre systems for various vessels including cargos, tugs and superyachts.&nbsp;

Kongsberg Maritime acquires Berg Propulsion

Norwegian maritime technology company Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion AB.

<a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a> has announced that Bogdan Gusarev has joined as Sales Manager for Europe and the CIS region. <img src="https://photo-assets.superyachttimes.com/photo/399998/image/large-62a5903f5dff04c9e810116b4eaef5da.jpg" data-gid="gid://syiq/Photo/399998">Gusarev brings more than a decade of experience in the explorer yacht sector and has lived and worked across some of the world's most prevalent yacht building regions including Germany, Italy and Turkey.Before entering the industry, Gusarev lived aboard a sailing yacht, giving him a practical knowledge of life at sea. This has allowed him to guide clients with clarity and a strong understanding of what long-range yacht ownership truly requires.“Bogdan combines real boating experience with a genuine understanding of what owners in this segment are looking for,” explained Patrik von Sydow, CEO of <a data-gid="gid://syiq/Company/1088" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Numarine (Company)">Numarine</a>. “That's a rare mix, and exactly what we need as we grow our presence across Europe and the CIS.”<img src="https://photo-assets.superyachttimes.com/photo/399999/image/large-f2593548ee91bd938b36c95018180e06.jpg" data-gid="gid://syiq/Photo/399999">As well as this, Numarine has announced that Sales Manager for MENA &amp; APAC, Salih Küçükoğlu, will now take on the responsibility for the Turkish market as well. His new title will be Sales Manager for Türkiye, MENA &amp; APAC.He has previously led growth initiatives across the Middle East and Asia-Pacific, playing a key role in expanding dealer networks and managing relationships with high-net-worth clients.“With a customer-focused mindset and a design-driven perspective, Küçükoğlu now brings this experience to Numarine's home market, supporting the shipyard's continued growth in Türkiye,” concluded von Sydow.

Bogdan Gusarev appointed at Numarine

Numarine has announced that Bogdan Gusarev has joined as Sales Manager for Europe and the CIS region. 

Numarine appoints Bogdan Gusarev as Sales Manager for Europe and CIS region

<a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker across their Palm Beach, Fort Lauderdale and Miami offices.<img src="https://photo-assets.superyachttimes.com/photo/399828/image/large-19a5f0e5ae4aec550013e04859fea307.png" data-gid="gid://syiq/Photo/399828">Bustamante joins <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a> with over 16 years of experience, including his most recent role with <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. At <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>, he will focus primarily on new-build opportunities, while also supporting brokerage sales transactions.“We are delighted to welcome Ernesto to <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons (Company)">Camper &amp; Nicholsons</a>,” commented Sarah Futhazar, US Managing Director. “His expertise in new-build, combined with his commercial approach and dedication to client service, makes him a valuable addition to our team.”Born in Miami and raised between the US and Colombia, Bustamante interned at <a data-gid="gid://syiq/Company/5418" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bertram Yachts (Company)">Bertram Yachts</a> while in college, later graduating from the University of Miami in 2009 with a degree in International Finance &amp; Marketing, and a minor in Entrepreneurship.While in school, he became a fully licensed and certified yacht broker and consequently worked for a boutique firm. From 2014 to 2019 Bustamante joined the <a data-gid="gid://syiq/Company/1102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Allied Marine (Company)">Allied Marine</a> Sales Broker’s team, before later moving to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> where he worked as a <a data-gid="gid://syiq/Company/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Custom Line (Company)">Custom Line</a> Brand Sales Manager.&nbsp;“What truly attracted me to the company is the opportunity to work with the world's leading shipyards and represent any yacht on the market, giving clients completely independent advice tailored to their ambitions,” concluded Ernesto Bustamante.

Ernesto Bustamante: Camper & Nicholsons appoints Superyacht Sales Broker

Camper & Nicholsons have announced the appointment of Ernesto Bustamante as a Superyacht Sales Broker.

Camper & Nicholsons appoints Ernesto Bustamante as a Superyacht Sales Broker

The <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a> has launched a new Yacht Engaged in Trade (YET) programme, providing British Virgin Islands (BVI)-flagged superyachts with a formal path to combine private use with limited commercial chartering in Greek, Monaco and French waters.The certification, which comes under a newly published <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">Virgin Islands Shipping and Maritime Authority (VISMA)</a>, only applies to BVI-flagged yachts measuring 24-metres and above.<img src="https://photo-assets.superyachttimes.com/photo/285871/image/large-8fcbfd6ecd33123efe76d4c151e81472.jpg" data-gid="gid://syiq/Photo/285871">According to <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, owners may retain their Pleasure Certificate of British Registry while taking on a temporary Yacht Engaged in Trade (YET) certificate for the duration of each charter period, for up to a maximum of 84 days per year. Once the charter concludes, the yacht's pleasure certificate is reinstated without requiring conversion to full commercial registration.<a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> also stated that owners are no longer required to leave European Union waters to complete new import or export formalities when switching between private and charter use.&nbsp;Under the programme, yachts may operate on either basis during the 18-month Temporary Admission period without further customs formalities, provided the relevant conditions are met. Yachts with VAT-paid status or in Free Circulation are not subject to the 18-month limit.<img src="https://photo-assets.superyachttimes.com/photo/363128/image/large-9de6013ee3a3b56cf02c66b85dc42db8.jpg" data-gid="gid://syiq/Photo/363128">The programme is intended for yachts already operating to a commercial standard. To qualify, vessels must measure at least 24-metres in load line length, hold class certification and comply with the Red Ensign Group Yacht Code, the Maritime Labour Convention, the International Safety Management Code and the International Ship and Port Facility Security Code.Furthermore, <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a> verifies compliance through a survey before issuing a Yacht Engaged in Trade Certificate of Compliance, which must be held before each charter period.Charters are limited to 84 days annually and may carry no more than 12 passengers. For non-VAT-paid yachts, charters can currently only commence in Greek, Monaco or French waters. During charter periods, yachts operate under commercial requirements and remain subject to Port State Control inspections under the Paris Memorandum of Understanding.Commenting on the programme, Business Development Manager at <a data-gid="gid://syiq/Company/8923" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Virgin Islands Shipping & Maritime Authority (Company)">VISMA</a>, Georgios Bazos, said: "This gives BVI-flagged yachts operating in Europe the opportunity to charter for part of the year while keeping their private registration for the rest. It's a natural next step for the registry, and one more option for owners who want flexibility without added complexity."

VISMA launches 84-day European charter programme for BVI-flagged superyachts

VISMA has launched a new programme, allowing BVI-flagged superyachts up to 84 days of commercial chartering in selected European waters. 

Plymouth-based boat refit company Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.<img src="https://photo-assets.superyachttimes.com/photo/399628/image/large-90cdcccefd37fd95c414dc2c921b672b.jpg" data-gid="gid://syiq/Photo/399628">Yacht Solutions Europe focused on yacht refit and repairs, with services including engineering, retrofitting, carpentry, upholstery and upgrades. They worked on projects worldwide and opened a base in Florida, USA, in 2023.Yacht Solutions Europe was founded in 2021 by two former <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a> employees, Paul Eccles and Dave Watson, after the collapse of a previous business, Yacht Solutions Worldwide Ltd.&nbsp;The assets were sold to Yacht Solutions Europe in a pre-pack deal and was dissolved in 2024, leaving debts of more than £282,000 unpaid, with the company now entering creditors’ voluntary liquidation.<img src="https://photo-assets.superyachttimes.com/photo/399629/image/large-a78e5de8571b860d8e0ffc83ed261014.jpg" data-gid="gid://syiq/Photo/399629">Documents filed on Companies House show assets of about £18,000 which will be used to pay nine employees and the pension scheme, however there is less than £1,000 left for other creditors, which include more than £176,000 owed to HM Revenue and Customs, nearly £85,000 owed to a lender, around £160,000 owed to six other banks and institutions and £82,500 owed to workers as unsecured creditors.There are 21 trade creditors claiming a combined £34,700, while the American arm Yacht Solutions USA is claiming £71,000. Yacht Solutions Europe’s statement of affairs also revealed that an estimated £608,522 will end up being unpaid.Steve Henson, Managing Director at Devon’s Castle Hill Insolvency, has been appointed joint-liquidator.

Yacht Solutions Europe enters liquidation

Yacht Solutions Europe has gone into liquidation, with debts of more than £600,000 likely to remain unpaid.

Yacht Solutions Europe enters liquidation with more than £600k unpaid debt

<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has announced the appointment of Evan Kortmann as Chief Executive Officer, succeeding Enrico Theuns, who has led the company since 2023.<img src="https://photo-assets.superyachttimes.com/photo/399351/image/large-0b3b67f3579803bdd2cecd343234633d.jpg" data-gid="gid://syiq/Photo/399351">Theuns was originally appointed as CEO through a planned three-year transition following the retirement of founder Wim van der Valk in April 2024. During his tenure, <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> expanded into the 30 metre segment and further strengthened their position in the superyacht market.&nbsp;Read more: <a data-gid="gid://syiq/Article/60237" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard announces retirement of founder and management buyout (2024-04-22 09:30:00 +0200)">Van der Valk Shipyard announces retirement of founder and management buyout</a><img src="https://photo-assets.superyachttimes.com/photo/314045/image/large-e3b7cc6745248f659ccfc2d9b2962713.jpg" data-gid="gid://syiq/Photo/314045">“Leading <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> over the past three years has been a rewarding experience,” commented Enrico Theuns. “I am proud of what we have accomplished together and grateful to our employees, clients, co-makers and partners for their commitment and support throughout this period.”Evan Kortmann joins the management team alongside Technical Director Bram Kooltjes and Commercial Director Yoeri Bijker. Theuns will remain involved during the coming months to &nbsp;ensure a smooth transition and support the handover of his responsibilities.Kortmann joins <a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> from <a data-gid="gid://syiq/Company/434" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard (Company)">Balk Shipyard</a> where he acted as Chief Executive Officer following the semi-retirement of Daan Balk in 2023. Evan joined Balk the year prior as Chief Commercial Officer before transitioning to CEO.&nbsp;Read more: <a data-gid="gid://syiq/Article/58021" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down (2023-07-04 16:45:00 +0200)">Balk Shipyard appoints Evan Kortmann as CEO as Daan Balk steps down</a><img src="https://photo-assets.superyachttimes.com/photo/351424/image/large-efe5e4f30ffe75940f3be9e197745b18.jpg" data-gid="gid://syiq/Photo/351424">“<a data-gid="gid://syiq/Company/2948" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Van der Valk Shipyard (Company)">Van der Valk Shipyard</a> has built a strong international reputation for delivering high-quality custom yachts,” explained Kortmann. “Our focus on fully custom yachts between 200 and 500 GT allows owners to create a yacht that reflects their individual requirements, while benefiting from the experience and craftsmanship of our team.”“I look forward to working with our clients, colleagues and partners as we continue developing the company and delivering yachts that meet the highest standards of quality and craftsmanship.”

Evan Kortmann appointed CEO of Van der Valk Shipyard

Van der Valk Shipyard has announced the appointment of Evan Kortmann as Chief Executive Officer.

Van der Valk Shipyard appoints Evan Kortmann as CEO

The 28.04-metre <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a> catamaran yacht <a data-gid="gid://syiq/Yacht/11972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acali28.04m (91'12&quot;)Wider s.r.l.2024">Acali</a> has been sold, with Gabriele Modica Ragusa of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> and <a data-gid="gid://syiq/Company/2463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sea Alliance Group (Company)">Sea Alliance Group</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/368629/image/large-268158c6a5292aa5573be7b6feec17ff.jpg" data-gid="gid://syiq/Photo/368629">Delivered in 2024 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/11972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acali28.04m (91'12&quot;)Wider s.r.l.2024">Acali</a> is the first WiderCat 92 model and the builder's first multihull yacht. She features exterior and interior design by <a data-gid="gid://syiq/Company/58" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luca Dini Design & Architecture (Company)">Luca Dini Design &amp; Architecture</a> in collaboration with <a data-gid="gid://syiq/Company/2504" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wider s.r.l. (Company)">Wider</a>, while her naval architecture was developed in-house by the latter.Constructed with a GRP hull and superstructure, she has a beam measuring 12-metres, making her the widest yacht built by the shipyard to date.Accommodation onboard the 242 GT yacht is arranged for up to eight guests across four staterooms, comprising a full-beam owner's suite on the main deck with private terrace access, two VIP staterooms and a twin guest stateroom. Separate quarters sleep up to four crew members, including the captain.Powered by twin <a data-gid="gid://syiq/Company/6220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FPT Powertrain Technologies (Company)">FPT Powertrain Technologies</a> engines, she has a cruising speed of 12 knots, a top speed of 14 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/11972" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acali28.04m (91'12&quot;)Wider s.r.l.2024">Acali</a> had a last known asking price of €9,500,000.

 28m Wider catamaran yacht Acali sold

The 28.04-metre WiderCat catamaran yacht Acali has been sold with a last known asking price of €9,500,000.

TGG Group, a Hong Kong single-family office led by Barry Lau, has invested in Hong Kong-based yacht designer, builder and operator <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht&nbsp;</a>to support its expansion in China’s Greater Bay Area and the development of a new range of yachts designed for Asian owners.<img src="https://photo-assets.superyachttimes.com/photo/401005/image/large-963caadf1e40609ccf9d4eb37c0a8b79.jpeg" data-gid="gid://syiq/Photo/401005">Established by Captain Paul Brackley in 2006 and registered in Hong Kong in 2010, <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a> provides owner representation, technical advisory services, new-build supervision, refit coordination and strategic consultancy across the Asia-Pacific region and Europe.Brackley has represented Asian owners throughout the new-build process for more than two decades. Since 2006, he has worked with Italian naval architect Andrea Manco, bringing further design and naval architecture expertise to <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a>’s projects.<img src="https://photo-assets.superyachttimes.com/photo/401000/image/large-922dc09aa478c65ce3262bafb229df3d.jpeg" data-gid="gid://syiq/Photo/401000">Lau has joined <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a> as a partner, bringing experience as both a yacht owner and an investor in charter vessels. His previous investments included a fleet of Italian-built charter yachts comprising two 36-metre vessels and one 56-metre yacht.The partnership will combine <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a>’s experience in managing Italian yacht projects with TGG Group’s investment capacity and commercial network. The company plans to draw on manufacturing capabilities within the Greater Bay Area while developing yachts around the cruising, ownership and service requirements of Asian clients.<img src="https://photo-assets.superyachttimes.com/photo/401004/image/large-70bd785ae6326c4392be19e192abc154.jpeg" data-gid="gid://syiq/Photo/401004">Commenting on the investment, Lau said: “I’ve owned yachts and know the importance of confidence after delivery. What drew me to <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a> was the combination of operational depth, manufacturing access, and a clear philosophy about how these vessels should be created and supported. I look forward to the strategic perspective and partnership TGG will bring as we continue to strengthen our position in the luxury yacht market.” <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)"></a><a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a> will develop its first yacht programme, starting with a 30-metre aluminium yacht that incorporates &nbsp;established engineering solutions, including waste-heat recovery. The yacht will build on the Orchid 100 concept unveiled by <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a> in 2022. The concept sought to incorporate the space, comfort, safety and accessibility associated with a 60-metre yacht into a 30-metre platform suited to regional marina constraints.<img src="https://photo-assets.superyachttimes.com/photo/401006/image/large-27950ebe33418040c4d719383e31c08b.jpeg" data-gid="gid://syiq/Photo/401006">Read: <a data-gid="gid://syiq/Article/60173" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Insight: Could China become a yacht building powerhouse? (2024-04-18 10:15:00 +0200)">Insight: Could China become a yacht building powerhouse?</a>The company plans to draw on investment in shipbuilding, advanced manufacturing and marine infrastructure across the Greater Bay Area as it develops its regional supply chain. <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a> said its approach would combine the area’s manufacturing capabilities with its experience of managing Italian yacht projects and representing Asian owners.The funding marks the next stage in <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a>’s planned expansion from owner representation and project management into the development of its own range of yachts. Further details about the programme, its strategic partnerships and the company’s owner representation services are expected in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/401001/image/large-15fa9fec468e3cd48e60b241ae8f746c.jpeg" data-gid="gid://syiq/Photo/401001">“This partnership gives us the resources to rethink how yachts are designed, built and supported for Asian owners,” said Paul Brackley, founder of <a data-gid="gid://syiq/Company/2490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Central Yacht (Company)">Central Yacht</a>. “Asia doesn’t need to copy Europe. It deserves yachts designed around the way Asian owners use them, built to the same standards of discipline and quality that define the world’s best superyachts.”

TGG Group invests in Central Yacht as it moves into own-brand yacht construction

TGG Group, a Hong Kong single-family office led by Barry Lau, has invested in Hong Kong-based Central Yacht.

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Central Yacht secures family office investment for yachtbuilding in China’s Greater Bay Area

The 36.92-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Yachts (Company)">Benetti</a> motor yacht <a data-gid="gid://syiq/Yacht/11340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jules36.92m (121'2&quot;)Benetti Yachts2025">Jules</a> is currently on the market with Will Bagshaw of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. <img src="https://photo-assets.superyachttimes.com/photo/400988/image/large-475549477ff27b77e496c7d9212567fe.jpg" data-gid="gid://syiq/Photo/400988">Delivered in 2025 by the Italian shipyard, <a data-gid="gid://syiq/Yacht/11340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jules36.92m (121'2&quot;)Benetti Yachts2025">Jules</a> is a <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Yachts (Company)">Benetti</a> B.YOND yacht that has been conceived as an “expedition yacht for owners who value exploration as much as comfort”.<img src="https://photo-assets.superyachttimes.com/photo/400996/image/large-e919adaeff7bf2911ea6ae942034a20b.jpg" data-gid="gid://syiq/Photo/400996">The <a data-gid="gid://syiq/Yacht/11340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jules36.92m (121'2&quot;)Benetti Yachts2025">yacht Jules for sale</a> features exterior design by <a data-gid="gid://syiq/Company/254" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stefano Righini Design (Company)">Stefano Righini Design</a>, with interiors penned in-house by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti Yachts (Company)">Benetti</a>. Her naval architecture was developed by <a data-gid="gid://syiq/Company/5244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="PierLuigi Ausonio Naval Architecture (Company)">PierLuigi Ausonio Naval Architecture</a>.Constructed with a steel hull and aluminium superstructure, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> has a beam of 8.6-metres and a draft of 2.5-metres. <img src="https://photo-assets.superyachttimes.com/photo/400997/image/large-1017bc78f3450767339870813dcccd74.jpg" data-gid="gid://syiq/Photo/400997">Outside, <a data-gid="gid://syiq/Yacht/11340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jules36.92m (121'2&quot;)Benetti Yachts2025">Jules</a> benefits from generous exterior spaces for alfresco entertaining. Her sundeck, fitted with bar stools and a shaded dining table, offers panoramic ocean views while relaxing and eating, while a waterline beach club at the stern is complete with a sauna. Floor-to-ceiling sliding glass doors create a seamless transition between her expansive deck and main saloon.<img src="https://photo-assets.superyachttimes.com/photo/400999/image/large-a14f2127ca1b6e80c81564718ddb634e.jpg" data-gid="gid://syiq/Photo/400999">Stepping inside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=benetti" rel="noopener noreferrer" target="_blank" title="">Benetti yacht for sale</a> offers living spaces comparable to those of a much larger vessel, according to her builder. Featuring warm timber finishes, neutral furnishings, and abundant natural light, she has been conceived for comfort during extended cruising.<img src="https://photo-assets.superyachttimes.com/photo/400992/image/large-8f339921d0e37189db78b48a1f53c497.jpg" data-gid="gid://syiq/Photo/400992"><img src="https://photo-assets.superyachttimes.com/photo/400993/image/large-3752fa3685fd22e936213438d34f3481.jpg" data-gid="gid://syiq/Photo/400993">At an interior volume of 431 GT, accommodation onboard is arranged for up to 12 guests across six elegant staterooms, including an owner's suite offering a private and its own exterior deck for a secluded retreat. Dedicated quarters sleep up to nine crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/400990/image/large-1786806c568243f8b221fc5faaf4281a.jpg" data-gid="gid://syiq/Photo/400990"><img src="https://photo-assets.superyachttimes.com/photo/400995/image/large-0776d41dc691c3f715a0d7a97d5eaa90.jpg" data-gid="gid://syiq/Photo/400995">In terms of propulsion, <a data-gid="gid://syiq/Yacht/11340" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jules36.92m (121'2&quot;)Benetti Yachts2025">Jules</a> is powered by twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> engines, propelling her to a top speed of 14 knots and a cruising speed of 10 knots. At cruising speed, she offers a transatlantic cruising range of 5,000 nautical miles. <img src="https://photo-assets.superyachttimes.com/photo/400989/image/large-0ef48e2ecdb4524a0da1f293f68e7c9d.jpg" data-gid="gid://syiq/Photo/400989">

 37m Benetti B.Yond motor yacht Jules for sale

The 37-metre Benetti B.Yond motor yacht Jules is now for sale with Edmiston, featuring a volume of 413 GT, six staterooms, and spacious exteriors.

<a data-gid="gid://syiq/Company/2013" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ARES Yachts (Company)">Ares Yachts</a> has released new images of the 62-metre sailing yacht <a data-gid="gid://syiq/Yacht/12790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simena62.0m (203'5&quot;)ARES Yachts2026">Simena</a>, captured off Saint-Tropez during her maiden Mediterranean season. Currently listed for sale with <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a>, the sailing yacht is cruising the South of France as part of her summer programme.<img src="https://photo-assets.superyachttimes.com/photo/400959/image/large-e98cad50775bddb336fd54a08a6ba107.jpg" data-gid="gid://syiq/Photo/400959">According to her builder, <a data-gid="gid://syiq/Yacht/12790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simena62.0m (203'5&quot;)ARES Yachts2026">Simena</a> is expected to continue her Mediterranean itinerary with a possible stop in Portofino and northern Sardinia during the Maxi Yacht Rolex Cup, scheduled for 6–12 September. She will then head to Monaco ahead of the <a data-gid="gid://syiq/Event/338" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2026">Monaco Yacht Show</a> on 23–26 September, where she will be one of the largest sailing yachts on display.Check out our list: <a data-gid="gid://syiq/Article/66573" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachts attending Monaco Yacht Show 2026 (2026-07-17 13:00:00 +0200)">Yachts attending Monaco Yacht Show 2026<img src="https://photo-assets.superyachttimes.com/photo/400957/image/large-306ebb1390ae0bc85a1b552714cef6e7.jpg" data-gid="gid://syiq/Photo/400957"></a>Since the start of 2026, <a data-gid="gid://syiq/Yacht/12790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simena62.0m (203'5&quot;)ARES Yachts2026">Simena</a> has already covered approximately 3,250 nautical miles. Her passages include a non-stop 1,200-nautical-mile delivery voyage from Fethiye to Monaco, an offshore crossing of around 400 nautical miles between the Strait of Messina and Cap Corse, and a roughly 380-nautical-mile open-water passage between Kythira and the Strait of Messina.<img src="https://photo-assets.superyachttimes.com/photo/400958/image/large-f73378b1ef03efd0488de463d75be265.jpg" data-gid="gid://syiq/Photo/400958">The sailing yacht features exterior design and naval architecture by Istanbul-based <a data-gid="gid://syiq/Company/703" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Taka Yacht Design (Company)">Taka Yacht Design</a>, with interiors created by <a data-gid="gid://syiq/Company/329" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Design Unlimited (Company)">Design Unlimited</a>. She combines a classical aesthetic, defined by a clipper bow, teak decks and varnished sipo mahogany.<img src="https://photo-assets.superyachttimes.com/photo/400960/image/large-ed9ca56788a1de296e56d57e21b647db.jpg" data-gid="gid://syiq/Photo/400960">Originally built as a family yacht, her interior showcases refined materials, including marble in the guest bathrooms. With a volume of approximately 499 GT, she can accommodate up to 12 guests across six well-appointed staterooms, including a full-beam owner’s suite located forward.Step onboard Simena: <a data-gid="gid://syiq/Article/65889" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onboard Simena: Designing the 62m Ares Yachts' flagship (2026-04-21 10:45:00 +0200)">Designing the 62m Ares Yachts' flagship</a>Outside, guests can enjoy a spacious cockpit with dining for up to 14 people, a six-square-metre fold-out swim platform and a discreet sunken flybridge designed for relaxed outdoor living. <img src="https://photo-assets.superyachttimes.com/photo/400963/image/large-e103971ca6afb9393e0945f6a60bbac5.jpg" data-gid="gid://syiq/Photo/400963"><a data-gid="gid://syiq/Yacht/12790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simena62.0m (203'5&quot;)ARES Yachts2026">Simena’s</a> environmental credentials have been independently verified through a 4-star “Superior” SEA Index rating. The index was developed by the <a data-gid="gid://syiq/Company/4337" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Club de Monaco (Company)">Yacht Club de Monaco</a> and UBS Group and is verified by <a data-gid="gid://syiq/Company/7911" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyd's (Company)">Lloyd’s Register</a>.Her ketch rig, supplied by <a data-gid="gid://syiq/Company/1213" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Doyle Sailmakers (Company)">Doyle Sails</a>, features a 59-metre mainmast and a 48-metre mizzen mast, carrying a 470-square-metre mainsail, a 249-square-metre mizzen sail, a 596-square-metre genoa and a 356-square-metre staysail.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/400964/image/large-8b637730179316e013efb6cd17d69795.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260727%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260727T095755Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=65f97bc9039a3e5ee6a556f9ee3ffa7d5096f4935ed695a873b1f7b829a44732" data-gid="gid://syiq/Photo/400964">During sea trials, <a data-gid="gid://syiq/Yacht/12790" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simena62.0m (203'5&quot;)ARES Yachts2026">Simena</a> recorded a maximum speed of 16 knots in 20 knots of wind at a 100-degree wind angle. Her hybrid propulsion system enables quiet, generator-powered electric cruising at approximately 8 knots, with a calculated range of around 6,000 nautical miles. Powered by her <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> diesel engine, she can reach a maximum speed of 14 knots and offers an operational range of 4,000 nautical miles at 11 knots.

Ares yacht Simena new images

Meta: Ares Yachts has released the first sailing images of the 62-metre yacht Simena.

New images of 62m Ares superyacht Simena unveiled

<a data-gid="gid://syiq/Company/1159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomarine (Company)">Tecnomarine</a> has announced the relaunch of the Italian shipyard in the Pisa Navicelli district, unveiling the new 33-metre TM33 and 40-metre TM40 as the first models in its new all-aluminium yacht range, scheduled to be presented at the upcoming <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> this September.&nbsp;<a data-gid="gid://syiq/Company/1159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomarine (Company)">Tecnomarine Yachts</a> is resuming operations in the Pisa Navicelli district, where the shipyard will focus on the construction of custom aluminium yachts ranging from 25 to 50 metres, under the leadership of entrepreneur Massimiliano Zilioli. The TM33 and TM40 are both developed in collaboration with Michele Dragoni's <a data-gid="gid://syiq/Company/5977" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dragoni Design Lab (Company)">Dragoni Design Lab</a>.The new production facility comprises 3,500 square metres of covered construction space and a further 3,000 square metres of outdoor areas, supporting a production model directed on fully custom projects.The new range comprises five models: the TM33, TM40, TM41, TM45 and TM90. The relaunch, however, is centred on the TM33 and TM40.<img src="https://photo-assets.superyachttimes.com/photo/400955/image/large-f5cd5efb047a74564c8439e042a39b3f.png" data-gid="gid://syiq/Photo/400955">TM33The 33-metre <a data-gid="gid://syiq/Company/1159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomarine (Company)">Tecnomarine</a> TM33 reinterprets the concept of an aluminium fast cruiser. According to Dragoni Designlab, the design balances taut exterior lines with an interior layout that maximises onboard liveability. Outside, her sporty, aerodynamic exterior profile is complemented by generous outdoor living spaces.<img src="https://photo-assets.superyachttimes.com/photo/400956/image/large-34144af3619daf0f92e759292784e995.png" data-gid="gid://syiq/Photo/400956">TM40The 40-metre <a data-gid="gid://syiq/Company/1159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomarine (Company)">Tecnomarine</a> TM40 has been conceived as an aluminium displacement yacht designed for long-range flexibility. Thanks to her extensive mirrored glazing, her layout is distinguished by &nbsp;the visual continuity between the interior and exterior space. Meanwhile, her aft section has been arranged as an open terrace overlooking the sea to strengthen the connection with the seascape."The relaunch of <a data-gid="gid://syiq/Company/1159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomarine (Company)">Tecnomarine Yachts</a> represents an industrial challenge built on solid foundations: the shipyard's heritage and the excellence of Made in Italy," owner of <a data-gid="gid://syiq/Company/1159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomarine (Company)">Tecnomarine Yachts</a>, Massimiliano Zilioli. "Our objective is not simply to bring a historic brand back to the water, but to position it among the leaders in aluminium yacht construction."

Tecnomarine Yachts to relaunch with new all-aluminium yacht models ranging from 25 to 50 metres

Tecnomarine Yachts set to relaunch with a new all-aluminium yacht range led by the TM33 and TM40 models.

<a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a> has announced the delivery of the 31.4-metre SW96 sailing yacht <a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a>. She has since departed Cape Town and is currently heading to Palma, where she is set to take part in the Ibiza Joysail regatta.<img src="https://photo-assets.superyachttimes.com/photo/400949/image/large-ff37c9f9f0b46864a0850e462c3ce4c9.jpg" data-gid="gid://syiq/Photo/400949">Designed for an experienced sailor with a strong racing background, she is the sixth hull in <a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>'s SW96 series, and has been optimised for long-range cruising and competitive sailing.<img src="https://photo-assets.superyachttimes.com/photo/400945/image/large-c7c22771bec4b3303d70e7033fa03075.jpg" data-gid="gid://syiq/Photo/400945"><a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a> was designed inside and outside by <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Yachts</a>, while her naval architecture was developed by <a data-gid="gid://syiq/Company/152" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Farr Yacht Design (Company)">Farr Yacht Design</a>.<img src="https://photo-assets.superyachttimes.com/photo/400952/image/large-dc586a894d4e3336b8155100e4b6fe2a.jpg" data-gid="gid://syiq/Photo/400952">Following her launch in Cape Town earlier this year, <a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a> has spent the summer cruising the Western Mediterranean ahead of her regatta debut at the Ibiza JoySail, which will take place in September 2026.<img src="https://photo-assets.superyachttimes.com/photo/400950/image/large-d28d27a43811375ca424d4554e969abc.jpg" data-gid="gid://syiq/Photo/400950">Read more:&nbsp;<a data-gid="gid://syiq/Article/66154" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sixth 31m Southern Wind SW96 yacht Fortissimo launched (2026-05-22 16:00:00 +0200)">Sixth 31m Southern Wind SW96 yacht Fortissimo launched</a>Outside, <a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a> sports a metallic forest green hull and a carbon deck. With a race-oriented performance, she features a lifting keel, twin rudders, high-modulus rigging and a new J4/baby stay system paired with a third set of winches.<img src="https://photo-assets.superyachttimes.com/photo/400951/image/large-a123cbcedb1c939ca48ff19d7589129f.jpg" data-gid="gid://syiq/Photo/400951">Stepping inside, her contemporary <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Yachts</a> interior is adorned with rich textures, leather finishes and soft fabrics all contributing to a warm ambience. Moving to the guest accommodations, the owner's suite features a dressing area, lounge seating and a discreet vanity, reinforcing the yacht's balance of comfort and functionality.<img src="https://photo-assets.superyachttimes.com/photo/400954/image/large-41bd445cf3910b63ef9a1db9ab2b272c.jpg" data-gid="gid://syiq/Photo/400954">With the use of extensive carbon fibre throughout the yacht, <a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a> is constructed with a full carbon fibre hull and superstructure. With a beam of 6.95-metres and an interior volume of 98 GT, <a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a> accommodates up to six guests across three well-appointed staterooms.<img src="https://photo-assets.superyachttimes.com/photo/400946/image/large-a2c88301d5a5669b049c79a5bbb64b96.jpg" data-gid="gid://syiq/Photo/400946" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Powered by a single <a data-gid="gid://syiq/Company/1483" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cummins Inc. (Company)">Cummins</a> engine, <a data-gid="gid://syiq/Yacht/14554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fortissimo31.41m (103'1&quot;)Southern Wind2026">Fortissimo</a> also incorporates a Selective Catalytic Reduction (SCR) system, enabling compliance with IMO Tier III emissions regulations.<img src="https://photo-assets.superyachttimes.com/photo/400948/image/large-10f95dac4162874d49856d162c02f64c.jpg" data-gid="gid://syiq/Photo/400948" style="box-sizing: inherit; border: 0px; font-family: &quot;Open Sans&quot;, sans-serif; position: relative; max-width: 100%; margin: 1rem 0px; color: rgb(0, 0, 0); font-size: 13.6px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">All images provided courtesy of&nbsp;<a data-gid="gid://syiq/Company/151" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Southern Wind (Company)">Southern Wind</a>.

Sixth 31m Southern Wind SW96 yacht Fortissimo delivered

Southern Wind has delivered the sixth 31-metre SW96 sailing yacht, Fortissimo, to her owner following her launch in Cape Town earlier this year.

According to Reuters, which cited two people familiar with the confidential discussions, Investment firms Blackstone and Donerail are among the final bidders seeking to acquire US yacht retailer and marina operator <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>.Blackstone already has significant exposure to the marina sector, having completed its $5.65 billion acquisition of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor (Company)">Safe Harbor</a>, a major competitor to <a data-gid="gid://syiq/Company/5903" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IGY Marinas (Company)">IGY Marinas</a>, in May 2025.<img src="https://photo-assets.superyachttimes.com/photo/265731/image/large-54496f786fc04228218fba51ab6acb9e.jpg" data-gid="gid://syiq/Photo/265731">According to Reuters, the bidding process has entered its third round, with private equity firm Centerbridge also understood to remain in contention. Headquartered in Clearwater, Florida, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has a market capitalisation of approximately $725 million. The company operates 70 dealerships and 65 marina and storage locations, primarily in the United States, alongside a range of yacht brokerage, charter and other marine services.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> has not publicly confirmed that a sale process is under way. Representatives for <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, Blackstone and Donerail declined to comment to Reuters, while Centerbridge did not immediately respond to a request for comment.Donerail began pressing <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> to consider a sale or replacement of its Chief Executive Brett McGill in 2025, adding to earlier pressure from Levin Capital, which had called on the company’s management and board to evaluate strategic alternatives in 2024.<img src="https://photo-assets.superyachttimes.com/photo/265730/image/large-3fda6f192a71e4f552e121164e407ea4.jpg" data-gid="gid://syiq/Photo/265730">Read: <a data-gid="gid://syiq/Article/66058" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax explores potential sale as Donerail raises its bid (2026-05-12 10:45:00 +0200)">MarineMax explores potential sale as Donerail raises its bid</a>In February 2026, it was reported that Donerail had submitted an all-cash proposal valuing <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> at approximately $1 billion. The investment firm is subsequently understood to have increased its offer, while <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> reportedly began formally seeking interest from other prospective buyers in April. The company has introduced several governance changes amid investor concerns, including the replacement of board directors, but did not acknowledge a potential sale process when it published its latest quarterly results on 23 July.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">The reported interest in <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> comes amid continued investment activity across the marina and yacht services sectors. Marina portfolios, in particular, have attracted institutional investors seeking assets that combine waterfront property, recurring income and exposure to affluent customers. However, no agreement has been announced, and there is no certainty that the bidding process will result in a transaction.

Blackstone and Donerail among final bidders for MarineMax

Investment firms Blackstone and Donerail are reportedly among the final bidders seeking to acquire US yacht retailer and marina operator MarineMax.

Blackstone and Donerail rumoured to be among final bidders for MarineMax

<img src="https://photo-assets.superyachttimes.com/photo/400943/image/large-801d0d64a13d01102bd317b4146d81fc.jpg" data-gid="gid://syiq/Photo/400943">Spotted cruising along the East River off Roosevelt Island in New York City was the 74-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/6128" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Casino Royale74.0m (242'9&quot;)Amels2018">Casino Royale</a>. According to AIS data, she departed Port Jefferson last Saturday and is currently en route to Harbour Point in Palm Beach.&nbsp; Delivered in 2018 as Universe, the yacht features 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> and exterior design by <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a>. &nbsp;Her interiors, created by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>, offer a warm and elegant atmosphere for guests. <a data-gid="gid://syiq/Yacht/6128" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Casino Royale74.0m (242'9&quot;)Amels2018">Casino Royale</a> can accommodate up to 12 guests across six staterooms, including a main-deck master suite with panoramic views and two spacious VIP suites. &nbsp;Moving outside, the yacht’s main-deck aft area serves as a 180-square-metre entertainment space. Designed for socialising, it features a dance floor, bar and a 6.5-metre infinity pool. &nbsp;In terms of propulsion, the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> Limited Edition 242 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, providing her with a cruising speed of 15 knots and a top speed of 16.5 knots. &nbsp;

Amels yacht Casino Royale in New York City

Spotted cruising along the East River off Roosevelt Island in New York City was the 74-metre Amels superyacht Casino Royale.

74m Amels 242 superyacht Casino Royale in New York City

The 29.6-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/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> has been sold. Mordy Miltz of <a data-gid="gid://syiq/Company/6348" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachts360 (Company)">Yachts360</a> introduced the buyer, while Drew Offerdahl of <a data-gid="gid://syiq/Company/833" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Denison Yachting (Company)">Denison Yachting</a> represented the seller.<img src="https://photo-assets.superyachttimes.com/photo/352613/image/large-92382b32459df8fbd867f4b7d8504379.jpg" data-gid="gid://syiq/Photo/352613">Delivered in 2011 by <a data-gid="gid://syiq/Company/2320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marlow Yachts (Company)">Marlow</a>, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> is a Marlow 97E, previously named Due Process&nbsp;and Kakawi.&nbsp;She features exterior design and naval architecture crafted in-house by her builder. The 117 GT motor yacht most recently underwent a refit in 2026, following extensive upgrades completed in late 2024.Outside, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> features an open flybridge arrangement with upper and lower helm stations. Her exterior refit included new paint, a full teak deck replacement and updated electronics.&nbsp;Built with a GRP hull superstructure, she has a beam of 6.4-metres. Accommodation onboard is arranged for up to eight guests across four staterooms, including two full-beam staterooms.&nbsp;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, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> has a cruising speed of 20 knots and a top speed of 25 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/4286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rat Pack29.57m (97'0&quot;)Marlow Yachts2011">Rat Pack</a> had a last known asking price of $2,999,000.

30m Marlow motor yacht Rat Pack sold

The 30-metre Marlow 97E motor yacht Rat Pack has been sold with a last known asking price of $2,999,000.

The <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">Asia-Pacific Superyacht Summit</a> returns for its highly anticipated second edition at the Renaissance Harbour View Hotel in Hong Kong, scheduled for the 7 and 8 of May, 2025. Recognised as a leading event in the superyacht industry in Asia, this year’s summit will bring together key decision-makers, including representatives from family offices, yacht management companies, captains, brokers, and other industry leaders.<img src="https://photo-assets.superyachttimes.com/photo/344018/image/large-a3076a730b08c620feac43dd1d9c4848.jpg" data-gid="gid://syiq/Photo/344018">Set against the dynamic backdrop of Hong Kong, one of Asia’s most influential hubs for finance, commerce, and luxury, the summit will offer two days of essential discussions and strategic insights. With the Asian superyacht market continuing to expand, this event is a must-attend for those seeking to understand the evolving market landscape and capitalise on new opportunities. Early bird tickets are still available for purchase <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2025-tickets-1139739805439?aff=erelexpmlt&_gl=1*y0757j*_up*MQ..*_ga*MTc0MzIyNTk0MS4xNzM4ODQwOTAy*_ga_TQVES5V6SH*MTczODg0MDkwMS4xLjAuMTczODg0MDkwMS4wLjAuMA.." rel="noopener noreferrer" target="_blank" title="">here</a>.<a href="http://superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">Superyacht Times</a> is proud to announce the confirmed topics for this year’s upcoming summit.<img src="https://photo-assets.superyachttimes.com/photo/347587/image/large-9c0d3e2c7fb2f9d3d3a62b0140005a36.jpg" data-gid="gid://syiq/Photo/347587">Wednesday 7 May08:15 - 09:10 - Welcome Coffee09:10 - 09:25 - Presenting the Asia-Pacific Superyacht ReportThe <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">Asia-Pacific Superyacht Summit</a> will begin with the presentation of the Asia-Pacific Superyacht Market Report 2024/2025. This report provides an overview of recent developments in the region and outlines the principal topics for discussion throughout the event.<img src="https://photo-assets.superyachttimes.com/photo/351648/image/large-cb4c0ff94e88468f1aaab93b173399df.jpg" data-gid="gid://syiq/Photo/351648">09:25 - 10:05 - Hong Kong as a superyacht destination&nbsp;This panel will explore various initiatives aimed at further developing Hong Kong as an attractive superyacht destination. Discussions will focus on the essential upgrades and expansion of infrastructure, enhancement of regulations, and refinement of marketing strategies to better position Hong Kong in the global yachting sector.Confirmed speakers:<ul><li>Lawrence Chow, Chairman of the Hong Kong Boating Industry Association (HKBIA)</li><li>Benjamin Wong, Head of Transport &amp; Logistics and Industrials at <a data-gid="gid://syiq/Company/7628" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="InvestHK (Company)">InvestHK</a></li><li>Cissy Chan, Executive Director, Commercial, Airport Authority Hong Kong</li><li>Joe Yuen, Director of <a data-gid="gid://syiq/Company/7847" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lodestone Yachts (Company)">Lodestone Yachts</a></li></ul><img src="https://photo-assets.superyachttimes.com/photo/347588/image/large-bbf69223565ef118b8beb85a916a4c8d.jpg" data-gid="gid://syiq/Photo/347588">10:05 - 10:55 - How to build a superyacht destination With several countries, from Vietnam and the Maldives to Tahiti in French Polynesia, announcing their ambitions to develop as appealing destinations for superyachts, this discussion will explore what is required to enhance their allure. The panel will cover necessary advancements in regulations, infrastructure and marketing strategies to position these locations as more attractive for superyacht visitation.Confirmed speakers:<ul><li>Issam Kazim, CEO of <a data-gid="gid://syiq/Company/6865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai Tourism (Company)">Dubai Corporation for Tourism and Commerce Marketing (DCTM, part of Dubai Department of Economy and Tourism (DET)</a>.</li><li>Jean-Marc Poullet, Senior Partner Chairman Asia at <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a></li><li>Laura Verbrugge, Sale &amp; Charter Broker at <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a></li><li>Manoa Rey, Research and Niche Marketing Coordinator at Tahiti Tourism&nbsp;</li><li>Bob Hoogendoorn, Senior Manager at McKinsey &amp; Company&nbsp;</li></ul>10:55 - 11:35 - Coffee Break<img src="https://photo-assets.superyachttimes.com/photo/347599/image/large-2afd1bf17af7c94ce9ca752aa5137f61.jpg" data-gid="gid://syiq/Photo/347599">11:35 - 12:00 - New marina project presentation &amp; Q&amp;A: Japan Recent announcements have highlighted a range of marina projects across the Asia-Pacific region. This session will feature in-depth presentations on the new Kobe Marina development in Japan exploring the motivations behind the initiation and the anticipated impact on both local and regional yachting communities. Confirmed speaker:&nbsp;<ul><li>Nigel Beatty, <a data-gid="gid://syiq/Company/1317" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachtzoo (Company)">YACHTZOO</a> </li></ul><img src="https://photo-assets.superyachttimes.com/photo/351650/image/large-9b70f996437ab957ba465ce8563e43cc.jpg" data-gid="gid://syiq/Photo/351650">12:00 - 12:40 - How to manage refits successfully in AsiaWith the increasing number of yachts visiting the Asia-Pacific region, the need for top tier refit and maintenance facilities is more critical than ever. This discussion will explore what changes are necessary to promote a thriving refit market and whether there is a case for establishing a top-tier refit yard in the region.&nbsp;Confirmed speakers:<ul><li>Sam Thompson, Director at <a data-gid="gid://syiq/Company/5354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="JMS Yachting (Company)">JMS Yachting</a></li><li>Rob Taylor, Managing Director at <a data-gid="gid://syiq/Company/7487" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Clearvac Engineering Asia (Company)">Clearvac Engineering Asia</a>&nbsp;</li><li>Robert Corcoran, Chief Operating Officer at <a data-gid="gid://syiq/Company/7687" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FEMA Marine (Company)">FEMA Marine</a></li><li>Petre Plesea , Managing Director at Golden Eagle Yacht Management</li></ul><img src="https://photo-assets.superyachttimes.com/photo/358363/image/large-6c7721e1616a16b8062d07ee27127830.jpg" data-gid="gid://syiq/Photo/358363">12:40 - 13:05 - Q&amp;A with Captain Fraser Gow of the 62.5-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/7214" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stardust62.5m (205'1&quot;)Amels2020">Stardust</a><ul><li>Fraser Gow, superyacht captain</li></ul>13:05 - 14:30 - Lunch<img src="https://photo-assets.superyachttimes.com/photo/347600/image/large-8c46776b724ff131f5cebd25e6f423a0.jpg" data-gid="gid://syiq/Photo/347600">14:30 - 15:00 - How to engage people through social media: SupercoolbenDiscover the rise of Ben Sumadiwiria, better known as Bobby Saputra, who transitioned from chef to social media sensation. This session will explore how he leveraged viral content to cultivate a billion-dollar persona, reshaping digital storytelling with his creative approach. The discussion will also provide insights into luxury trends and perspectives from young Asian UHNWIs.Confirmed speakers:<ul><li>Ben Sumadiwiria</li></ul><img src="https://photo-assets.superyachttimes.com/photo/357254/image/large-2a05dfd5db6e1b6f5791926eba2ac6a6.jpg" data-gid="gid://syiq/Photo/357254">15:00 - 15:40 - Navigating the luxury market in AsiaAs economic growth and generational wealth continue to rise across the Asia, so too does demand for luxury experiences and assets. This panel will explore the evolving landscape of the Asian luxury market, with a particular focus on how brands, service providers, and stakeholders in the superyacht sector can respond to shifting consumer preferences, regional nuances, and emerging opportunities.<ul><li>Paolo Casani, CEO of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a>&nbsp;</li><li>Nigel Tang - Head of Operations at Warpcapital Yacht Management</li><li>David Lau - Founder of Cross Harbour Advisory</li><li>Marina Lui, Alternate Chief Executive, UBS AG Hong Kong Branch, Head of Wealth Management China, UBS Global Wealth Management</li><li>Stephane Avis, Asia co-Head of Lending at JP Morgan</li></ul><img src="https://photo-assets.superyachttimes.com/photo/351649/image/large-6add8e5e35b688ccea3aef239733420d.jpg" data-gid="gid://syiq/Photo/351649">15:40 - 16:15 - Interview with Doan Viet Dai Tu Chairman of Openasia GroupWith the rising number of UHNWIs in Vietnam, Doan Viet Dai Tu will present on the state of the yachting sector in Vietnam. He will share insights about his past and his involvement in the luxury sector through his company Openasia Group, and discuss his efforts to further develop Vietnam as a yachting destination.<ul><li>Doan Viet Dai Tu, Chairman of Openasia Group &amp; Founder of <a data-gid="gid://syiq/Company/7967" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tam Sơn Yachting (Company)">Tam Son Yachting</a></li></ul>16:15 - 17:30 - Drinks <img src="https://photo-assets.superyachttimes.com/photo/347586/image/large-aa24287ebbdff2cd8f7c13472e9b390e.jpg" data-gid="gid://syiq/Photo/347586">Thursday 8 May08:45 - 09:45 - Welcome Coffee <img src="https://photo-assets.superyachttimes.com/photo/351652/image/large-27a4a9f51a87a733cbbb6fd1b99a99fe.jpg" data-gid="gid://syiq/Photo/351652">09: 45 - 10:10 A new type of class societyWith an increasing number of privately registered yachts not covered by IACS Class Societies, Nikolas Rabier, CEO and Co-Founder of the newly formed Yacht Standards, will discuss why he established this class society. He will outline its main objectives and delve into the various reasons why yacht owners often forgo or drop class certification.<ul><li>Nikolas Rabier, CEO &amp; Co-Founder of Yacht Standards</li><li>Vincent Huens de Brouwer, Business Development Manager &amp; Co-founder of Yacht Standards&nbsp;</li></ul><img src="https://photo-assets.superyachttimes.com/photo/347608/image/large-2ef9d86211d935fe86056302c83b4750.jpg" data-gid="gid://syiq/Photo/347608">10:10 - 11:00 - Reducing the energy consumption of yachtsAs the yachting industry faces growing pressure to improve efficiency and reduce environmental impact, new technologies are emerging to optimise energy consumption. This panel, featuring leading superyacht builders, will explore the latest advancements and their potential applications. Panellists will discuss how these innovations can be integrated into both new builds and refits, striking a balance between sustainability and operational performance.Confirmed Speakers:<ul><li>Martin Lo, Director at <a data-gid="gid://syiq/Company/517" href="https://sya.superyachttimes.com/news/per:100/title:first+look/published:0/not_published:0#managed-by-system" target="_blank">Cheoy Lee</a></li><li>Vladimir Zinchenko, CEO of <a data-gid="gid://syiq/Company/7872" href="https://sya.superyachttimes.com/news/per:100/title:first+look/published:0/not_published:0#managed-by-system" target="_blank">GX Superyachts</a></li><li>Chris Blackwell, Sales &amp; Manager of <a data-gid="gid://syiq/Company/4342" href="https://sya.superyachttimes.com/news/per:100/title:first+look/published:0/not_published:0#managed-by-system" target="_blank">Echo Yachts</a></li><li>Iacopo Senarega, R&amp;D Project Manager at the <a data-gid="gid://syiq/Company/6046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut-Benetti Group (Company)">Azimut-Benetti Group</a></li><li>Haico van Roeden, Technical Manager Design &amp; Proposal at <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a></li></ul>11:00 - 11:40 - Coffee break<img src="https://photo-assets.superyachttimes.com/photo/347606/image/large-f904af87a1f40b6b3948209a193f2e1e.jpg" data-gid="gid://syiq/Photo/347606">11:40 - 12:20 - Emerging marketsAs the Asia-Pacific region experiences a significant surge in wealth creation, particularly among the younger generation, spending patterns are evolving. This panel will bring together brokers from key emerging markets, including India, China, and others to discuss what is needed to attract this new wave of wealth into yachting.Confirmed speakers:<ul><li>Angel Zhou, China General Manager at <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>&nbsp;</li><li>Ronnie Wang, Owner's representative at <a data-gid="gid://syiq/Company/7800" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Encounters Asia (Company)">Yachting Encounters Asia</a>&nbsp;</li><li>Gautama Dutta, CEO &amp; Director at <a data-gid="gid://syiq/Company/4797" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marine Solutions (Company)">Marine Solutions Distribution &amp; Services</a></li><li>Alexandre Heng, Founder &amp; CEO of <a data-gid="gid://syiq/Company/6836" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O2xH2O (Company)">O2HO</a></li></ul><img src="https://photo-assets.superyachttimes.com/photo/354611/image/large-e9ef97e6539f59d45e176f739c3258de.jpg" data-gid="gid://syiq/Photo/354611"> 12:20 - 13:00 - Cross border regulations and practicalities&nbsp;Navigating the complex and multifaceted regulatory environment of the Asia-Pacific region is a critical challenge for the superyacht community. This panel will delve into the intricate legal landscape that owners and operators encounter daily, addressing essential areas such as Know Your Client (KYC) and Anti-Money Laundering (AML) obligations, and the specificities of import/export compliance. Confirmed Speakers:<ul><li>Roy Chan Co-Founder &amp; Director of Legalmapp Limited</li><li>May Choi, Yacht Management Operations Manager at <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a></li><li>Simone Centola, Gateway Law Corporation</li><li>Captain Robin Shellcock, yacht captain in Japan</li><li>Marcel Vaarzon-Morel, Managing Director at VML International Maritime Company</li></ul>13:00 - 14:30 - Lunch<img src="https://photo-assets.superyachttimes.com/photo/351651/image/large-fce0acab2fcc9392b3e42613e8006613.jpg" data-gid="gid://syiq/Photo/351651">14:30 - 15:10 - Discover IndonesiaIndonesia, an archipelagic country comprising over 18,000 islands with a coastline stretching nearly 55,000 kilometres, is home to a growing number of Ultra-High Net Worth Individuals and offers an ideal coastline for yacht cruising. The 'Discover Indonesia' panel will discuss strategies to attract more superyachts, focusing on the existing regulatory framework and the need to further develop marina infrastructure.Confirmed Speakers:<ul><li>Iswin Hudiarto, President Director at TASK Cikaldana</li><li>Jasmine Chong, owner of the 45-metre <a data-gid="gid://syiq/Yacht/13745" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Celestia45.0m (147'8&quot;)Konjo Boat Builders2023">Celestia</a> and fashion designer</li><li>Boumedienne Senous, CEO &amp; Founder of <a data-gid="gid://syiq/Company/5430" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yacht Sourcing (Company)">Yacht Sourcing</a></li><li>Thye Hock, GOH, superyacht captain</li></ul><img src="https://photo-assets.superyachttimes.com/photo/357442/image/large-fa9f681684ca0491e009862f7d312a26.jpg" data-gid="gid://syiq/Photo/357442">15:10 - 15:50 - Q&amp;A with Giorgio Moretti Don't miss out on this opportunity to be part of a landmark event shaping the future of the superyacht industry in the dynamic Asia-Pacific region. Join the discussion and make a difference in this exciting market while expanding your network with the most influential people in the region.<img src="https://photo-assets.superyachttimes.com/photo/347647/image/large-8cec63896a1a4502ed1b8776617ed076.jpg" data-gid="gid://syiq/Photo/347647" style="background-color: initial; font-size: 0.85rem;"><img src="https://photo-assets.superyachttimes.com/photo/343984/image/large-664195a838c51d7a64421b61558d9a3b.jpg" data-gid="gid://syiq/Photo/343984" style="background-color: initial; font-size: 0.85rem;">

Asia-Pacific Superyacht Summit 2025 programme

SuperYacht Times is pleased to announce the preliminary topics for the Asia-Pacific Superyacht Summit 2025, taking place in Hong Kong on 7-8 May.