As part of our history series from revered in-house yacht historian, Malcolm Wood, SYT takes a closer look at yacht builders that are, for one reason or another, no longer in existence. Across these past two issues, we explore the Camper &amp; Nicholsons shipyard of Gosport and Southampton in the UK. In part one of this yacht builder’s history, we looked at the early years of the yard’s production that covered all the sailing yachts. In this second part, we turn to the steam and motor yachts that they built over their two centuries of existence. <img src="https://photo-assets.superyachttimes.com/photo/46375/image/large-bdc7cacaf437a270b63775523c5e54b2.png" data-gid="gid://syiq/Photo/46375">The first steam yacht to be constructed by the yard at their Gosport facility was the Wilia for the German Prince Saya-Wittgenstein in 1872. Designed by Ben Nicholson this yacht had an overall length of 45.4-metres and a length on deck of 41.6-metres and was powered by a Maudslay 40 nhp steam engine.Of the 56 steam and motor yachts over 30 metres delivered by the firm, the largest prior to WWI were the 70.1-metre Miranda for Lord Leith, and the 71.5-metre Marynthea for H.J. Mason. They were built in 1910 and 1911 respectively. Another large steam-powered yacht built around this period was the 64.3-metre Sagitta for the Duc de Valencay.<img src="https://photo-assets.superyachttimes.com/photo/46376/image/large-a97cef5ec065ccb415e7d1001a5741be.png" data-gid="gid://syiq/Photo/46376">Large yachts had their hulls constructed by the J.I. Thornycroft or Day Summers yards as the facilities at Gosport were limited to smaller sizes. One of the most important large powered yachts delivered prior to the 1914-1918 war was the Pioneer. This 45.6-metre vessel was powered by twin 250hp Polar diesel engines – the first large motor yacht built in the UK and a true pioneer as a forerunner of today’s motor yachts.&nbsp;Mention should also be made of the 65.1-metre Ara that had been ordered in 1913 and was delayed until 1917 owing to the default of her owner. Acquired by the French Government as a naval sloop, this vessel was acquired by William K. Vanderbilt II in 1922 and re-converted to a yacht. She was the first large yacht to be built at <a data-gid="gid://syiq/Company/192" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons Shipyard (Company)">C&amp;N’s</a> Southampton yard.<img src="https://photo-assets.superyachttimes.com/photo/46374/image/large-5ce15f36b81c4e16a22a889880386f64.png" data-gid="gid://syiq/Photo/46374">Post-WWI, the emphasis turned to producing diesel-engined yachts in the powered sector. The first 30m+ power yacht completed after cessation of hostilities was the 40-metre <a data-gid="gid://syiq/Yacht/4741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Grey Mist41.15m (135'0&quot;)">Grey Mist&nbsp;</a>delivered in 1920. This yacht is still in service today under her original name.&nbsp;A further 14 motor yachts were delivered in the 1920s, including three over 60 metres. Owners included the Earl of Dunraven, Lionel de Rothschild, T.O.M. Sopwith and Mme.Virginie Heriot. During the 1930s, when times were affected by the Wall Street Crash, the company were nevertheless successful in acquiring 10 new large motor yachts orders. <img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/46377/image/large-1156995d3b1056efaccfdef2b42f2328.JPG?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20240503%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20240503T142058Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=91fc38672c7a8c290cbb0062e3b61cab3bd945beed4f019348710fee0dcbe2a2" data-gid="gid://syiq/Photo/46377">The largest of these was the 80.3-metre <a data-gid="gid://syiq/Yacht/932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norge76.26m (250'2&quot;)">Philante</a> for T.O.M. Sopwith, a long time client of the company. <a data-gid="gid://syiq/Yacht/932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norge76.26m (250'2&quot;)">Philante</a> was requisitioned by the British Government for war service in 1939 and renamed <a data-gid="gid://syiq/Yacht/932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norge76.26m (250'2&quot;)">HMS Philante</a>. In 1946, the yacht was returned to her owner and in July 1947 was acquired by the Norwegian Government for 1.5 million Norwegian kroner. The yacht returned to Camper &amp; Nicholsons for a refit that year and was finally commissioned for King Haakon in June 1948 and renamed <a data-gid="gid://syiq/Yacht/932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Norge76.26m (250'2&quot;)">Norge</a>. The yacht regularly sails with the Norwegian royal family and other Scandinavian royal invitees in the summer months.&nbsp;Following the cessation of WWII, the days of the large luxurious motor yacht were at an end for the foreseeable future. The company, however, managed to gain several orders for 30m+ motor yachts in the early 1960s starting with the 31.1-metre <a data-gid="gid://syiq/Yacht/4544" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navigator31.08m (101'12&quot;)">Minona&nbsp;</a>in 1961. In 1966 and 1967, two larger motor yachts of 45.5-metres were delivered to M. Paulin Richier of France, the <a data-gid="gid://syiq/Yacht/3722" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northwind II45.57m (149'6&quot;)">Chambel IV</a> and the Terancar Nitani&nbsp;to M. Barsi Mense of Italy.<img src="https://photo-assets.superyachttimes.com/photo/46378/image/large-11520c64aec08d33640086b4eebf67fd.jpg" data-gid="gid://syiq/Photo/46378">The final two motor yachts over 30 metres were the 39.4-metre <a data-gid="gid://syiq/Yacht/631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Emera39.43m (129'4&quot;)">Stilvi</a> for the Greek owner Z.L. Cambanis in 1974 and the 33.9-metre <a data-gid="gid://syiq/Yacht/2499" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Absolute Pleasure33.9m (111'3&quot;)">Araminta III</a> for Sir Richard Prince-Smith in 1975. Although there were several motor yachts under 30 metres delivered in the postwar years it is believed the final one was the 27.7-metre Baobab for a Spanish owner.Whilst the foregoing is a short precis of this prolific company’s power yacht output, it should be pointed out that Camper &amp; Nicholsons also built a wide variety of naval craft, small cargo vessels, ferries, launches and other small commercial craft. This was in addition to their prolific output of sailing yachts that were covered in <a data-gid="gid://syiq/Article/48906" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The ghost of yards past: Camper & Nicholsons - Part 1 (2018-08-20 14:30:00 +0200)">Part 1</a> of this article. This article is featured in the latest edition of the SuperYacht Times newspaper. <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription">Subscribe now</a> to receive your copy straight to your door and never miss another issue.

St. George 1927

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Pioneer 1913

Malahne 1937

The ghost of yards past: Camper & Nicholsons - Part II

<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

<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 been granted 60 days to submit its final restructuring plan after the Court of Florence formally opened proceedings under Article 44 of Italy's Crisis and Insolvency Code.<img src="https://photo-assets.superyachttimes.com/photo/306419/image/large-23e9c0556425fdb09d6ac0efd3046cf3.jpg" data-gid="gid://syiq/Photo/306419">The court approved the company's application, filed on 1 July, and appointed three judicial commissioners to oversee the process. In its order, the court said <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> proposed restructuring appears to be structured with the objective of preserving the company as a going concern.The company said business activities will continue as normal under the protection of court-ordered measures that prevent creditor enforcement actions during the restructuring. The 60-day deadline may be extended by the court if necessary.<img src="https://photo-assets.superyachttimes.com/photo/299411/image/large-fafd2b9bd13d4cf6c4cf377a2ccb8a27.png" data-gid="gid://syiq/Photo/299411">The filing marks a further step in <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> restructuring process after the company said it could no longer pursue a turnaround solely within Italy’s negotiated settlement framework. Its board resolved on 30 June to seek protection under Article 44, with the application filed the following day.Read: <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>In a recent market update, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> disclosed consolidated net financial debt of approximately €178.7 million and €266.8 million in overdue liabilities as of 31 May 2026. The company also confirmed that accumulated losses had <a href="https://www.superyachttimes.com/yacht-news/tisg-enters-restructuring-phase-share-capital-below-legal-minimum" target="_blank">reduced its share capital below the legal minimum</a> required under Italian law.<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/65905" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group secures court protection amid company restructuring (2026-04-21 09:30:00 +0200)">The Italian Sea Group secures court protection amid company restructuring</a>Despite missed loan repayments, <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 its lending banks have not accelerated outstanding borrowings while restructuring negotiations continue. The company has also received a €25 million interest-free shareholder loan from controlling shareholder GC Holding to support liquidity during the process.<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>, which owns the <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a>, <a data-gid="gid://syiq/Company/511" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tecnomar (Company)">Tecnomar</a>, <a data-gid="gid://syiq/Company/51" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Perini Navi (Company)">Perini Navi</a> and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> brands, said it will continue operating its new-build and refit businesses while it prepares the restructuring proposal.

TISG granted 60 days to file restructuring plan

The Italian Sea Group (TISG) has been granted 60 days to submit its final restructuring plan.

French catamaran builder <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027 after overseeing the company's development for several years.<img src="https://photo-assets.superyachttimes.com/photo/336108/image/large-030539c248d560fb467ce7d5ce4321c0.png" data-gid="gid://syiq/Photo/336108">The governance changes come as the group, which includes the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot Yachts</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands, prepares for its next phase of growth ahead of its 50th anniversary.Gardies will progressively transition his responsibilities over the coming months to ensure continuity within the business, with Deputy Chief Executive Officer Mathieu Fountaine tasked by the Board of Directors with supporting the next phase of the group's long-term development strategy.The Board has also appointed Stéven Guedeu as Deputy Chief Executive Officer. Guedeu joined the company in 2011and has held a number of commercial leadership positions in the development of both the <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands. In his new role, he will oversee the group's sales and marketing activities, while supporting the execution of its long-term strategy.After more than 20 years, Deputy Chief Executive Officer Romain Motteau’s role has not been renewed. <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> stated that Motteau will continue to oversee the group's international activities, while working on a new strategic project, which is expected to be announced in the coming months.<img src="https://photo-assets.superyachttimes.com/photo/370998/image/large-1dccbc7db8fe06ebede4b4e471e38bab.png" data-gid="gid://syiq/Photo/370998">The company has also expanded its Executive Committee, which now comprises Nicolas Gardies, Mathieu Fountaine, Stéven Guedeu, Group Industrial Director Johan Le Saux, Supply Chain &amp; IT Director Vladimir Popov, Chief Financial Officer Betty Roger, Human Resources Director Mélanie Pouplier and Group Purchasing Director Déborah Pligot.In addition, Jordan Sabot has been appointed Communication &amp; Digital Director, succeeding Hélène de Fontainieu following her 32 years with the company. Sabot will be responsible for leading the group's communications strategy, supporting its international development and accelerating its digital transformation.The governance changes follow the publication of <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a>'s first-half fiscal 2025/26 results, during which the group reported revenue of €136.3 million while maintaining positive profitability. The company said it will continue investing in product development, innovation, the energy transition and the continued growth of its Fountaine Pajot Sailing Catamarans, <a data-gid="gid://syiq/Company/7778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fountaine Pajot (Company)">Fountaine Pajot</a> Yachts and <a data-gid="gid://syiq/Company/5255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dufour/Locwind (Company)">Dufour</a> brands.

Fountaine Pajot CEO Nicolas Gardies to step down

Fountaine Pajot has announced a planned leadership transition, with Chief Executive Officer Nicolas Gardies set to retire in 2027.

Fountaine Pajot CEO Nicolas Gardies to step down following leadership transition

NextBoat has announced a strategic partnership with <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, under which the US-based boating and yacht retailer will adopt <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s AI-powered wholesale platform for the sale of its trade-in and pre-owned inventory.<img src="https://photo-assets.superyachttimes.com/photo/390341/image/large-be765afb7248df37e9b507deb714d575.jpg" data-gid="gid://syiq/Photo/390341">The agreement marks the first time that an enterprise dealer group has adopted the platform as its preferred wholesale partner. Under the arrangement, pre-owned inventory will be evaluated, marketed and sold through <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s nationwide network of wholesale buyers.<a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a> operates more than 120 locations worldwide and generated more than $2.3 billion in annual revenue. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> believes the partnership will increase transaction volumes across its platform while supporting the growth of its marketplace, data and financing businesses.According to the company, the platform is designed to modernise the wholesale and trade-in process through the use of artificial intelligence, real-time transaction data and a digital marketplace. Features include AI-powered vessel valuations, nationwide wholesale bidding, transaction management tools, automated workflows, inventory analytics and integrated financing and insurance solutions.As part of the agreement, <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>'s finance and insurance division, Newcoast, will provide financing and insurance services for transactions originating through the platform. <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> said this has the potential to generate recurring revenue through financing activity and insurance policy renewals as transaction volumes increase.“For 15 years, I've believed the marine industry deserved the same technology, transparency and scale that transformed automotive retail,” said Jason Ruegg, Founder and Executive Chairman of <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>.&nbsp;“Today, the largest and most respected company in our industry has chosen to deploy the platform we built. We believe that validation speaks not only to what NextBoat has built, but to where this industry is headed.”Ruegg added that the agreement represents the beginning of the enterprise-scale deployment of the company's platform, with financing and insurance expected to become an increasingly important source of recurring revenue.<img src="https://photo-assets.superyachttimes.com/photo/265732/image/large-de8e35a3c695c7a0ca1d7601fa95da7d.jpg" data-gid="gid://syiq/Photo/265732">In May 2026, it was announced that online marine marketplace <a data-gid="gid://syiq/Article/66120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yacht Sales to rebrand as NextBoat (2026-05-19 16:45:00 +0200)">Off The Hook Yacht Sales would officially rebrand</a> as <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a> Inc, effective on or about 29 May 2026. The rebrand aimed to reflect the company’s evolution from a traditional yacht brokerage business, into an AI-powered technology platform.As well as this, <a data-gid="gid://syiq/Article/66089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts completes acquisition of Apex Marine Group (2026-05-14 16:30:00 +0200)">Off The Hook Yachts announced it had completed the acquisition</a> of marine, service and storage company, Apex Marine Group. Off The Hook Yachts believes that the Apex acquisition opens the door for additional partnerships, as it expands both its sales and service platforms.Kyle Langbehn, Executive Vice President and President of Retail Operations at <a data-gid="gid://syiq/Company/1312" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MarineMax (Company)">MarineMax</a>, commented: “By integrating <a data-gid="gid://syiq/Company/5921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Off The Hook Yachts (Company)">NextBoat</a>'s advanced technology into our pre-owned retail platform, we believe we can improve efficiency while continuing to deliver exceptional service to our customers.”

NextBoat launches strategic partnership with MarineMax 

NextBoat has announced a partnership with MarineMax for the sale of its trade-in and pre-owned inventory using its AI-powered wholesale platform.

The 33.91-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> sold in a deal with <a data-gid="gid://syiq/Company/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Phoenix Yacht Management (Company)">Phoenix Yacht Management</a> introducing the buyer and Cem Kuşkonmaz of <a data-gid="gid://syiq/Company/4569" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautique Yachting (Company)">Nautique Yachting</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/387155/image/large-60c3de5f5b0522e9e6fa4ae304bf61b8.jpg" data-gid="gid://syiq/Photo/387155">Delivered in 2011 as part of the <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 34M series, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> has been designed in-full by her British builder <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>, which were responsible for her interior and exterior design, as well as her naval architecture.&nbsp;Spanning 225 GT, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> can comfortably accommodate up to 10 guests across a five stateroom configuration, with her master suite situated forward on the main deck, alongside two doubles and two twins on the lower deck.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, providing her with a cruising speed of 18 knots and a top speed of 25 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/3920" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Final Cut33.91m (111'3&quot;)Sunseeker2011">Final Cut</a> had a last known asking price of €3,900,000.&nbsp;

Final Cut: 34m Sunseeker yacht sold

The 33.91-metre Sunseeker motor yacht Final Cut sold with a last known asking price of €3,900,000.

34m Sunseeker motor yacht Final Cut sold

The 33.4-metre <a data-gid="gid://syiq/Company/1419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maxi Dolphin s.r.l. (Company)">Maxi Dolphin</a> sailing yacht <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> has been sold in an in-house deal by <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>, with Tim Quinlan representing both the buyer and the seller. <a data-gid="gid://syiq/Company/1046" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bernard Gallay Yacht Brokerage (Company)">Bernard Gallay</a> acted as co-central agent in the transaction.<img src="https://photo-assets.superyachttimes.com/photo/93393/image/large-c02dd8a74e0d60a19510edac53f69400.jpg" data-gid="gid://syiq/Photo/93393">Delivered in 2013 by Italian shipyard <a data-gid="gid://syiq/Company/1419" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Maxi Dolphin s.r.l. (Company)">Maxi Dolphin</a>, <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> was designed by <a data-gid="gid://syiq/Company/3022" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Finot-Conq Architectes Navals (Company)">Finot-Conq Architectes Navals</a>, who were responsible for both her exterior design and naval architecture.&nbsp;Constructed with a GRP hull and superstructure, the sailing yacht has a beam of 8.25-metres and an interior volume of 116 GT. Accommodation onboard <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> is arranged for up to 12 guests, alongside dedicated quarters for four crew members, including her captain.In terms of performance, <a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> is powered by a single <a data-gid="gid://syiq/Company/1741" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yanmar Co., Ltd. (Company)">Yanmar</a> engine, delivering a cruising speed of 11 knots.The new owner intends to cruise and race Nomad IV in various parts of the world over the coming years, says <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a>.At the time of her sale,&nbsp;<a data-gid="gid://syiq/Yacht/4965" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nomad IV33.4m (109'7&quot;)Maxi Dolphin s.r.l.2013">Nomad IV</a> had a last known asking price of €4,900,000.

 33m Maxi Dolphin sailing yacht Nomad IV sold

The 33m Maxi Dolphin sailing yacht Nomad IV has been sold in an in-house deal by Ocean Independence with a last known asking price of €4,900,000.

33m Maxi Dolphin sailing yacht Nomad IV sold

Italian builder <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> has unveiled the first details of its 53-metre superyacht concept P53, developed by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>'s Research &amp; Development Department and <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> Centro Stile. The concept inaugurates the shipyard's P-Fleet series, offering a contemporary interpretation of the historic Picchiotti brand, while remaining below 500 GT.<img src="https://photo-assets.superyachttimes.com/photo/400402/image/large-629a01f1b1d53068e2ffcc21ae4e1e9d.jpg" data-gid="gid://syiq/Photo/400402">The P53 represents the latest evolution of the brand, signalling a departure from its more classically inspired Gentleman Fleet. The yacht embodies a more architectural design language that prioritises openness and flexibility, redefining contemporary living on the water with spaces that adapt to the modern explorer.<img src="https://photo-assets.superyachttimes.com/photo/400401/image/large-2d914901251569fc76058ca561fd1aeb.jpg" data-gid="gid://syiq/Photo/400401">With a 10-metre beam, the vessel will be built with an aluminium hull and superstructure. According to the shipyard, the P53 has been conceived to combine generous onboard volumes with efficient operation, creating a yacht that balances privacy, comfort and long-range cruising.<img src="https://photo-assets.superyachttimes.com/photo/400403/image/large-36bcc075c51630f0cecd5cfd074ecf08.jpg" data-gid="gid://syiq/Photo/400403">Outside, P53 is defined by a near-plumb bow, a sweeping glazed superstructure and expansive dark glazing that seamlessly connect the decks. Spacious aft decks, uninterrupted walkaround side decks and generous lounge areas reinforce the yacht's emphasis on outdoor living, while a resort-style beach club with fold-down platforms extends into a waterside terrace, highlighting a swimming pool.<img src="https://photo-assets.superyachttimes.com/photo/400405/image/large-4a99c6acfa5d31b71e87d9f9800ad71f.jpg" data-gid="gid://syiq/Photo/400405">The relationship between the yacht and the sea is central to the concept. The beach club, folding terraces, generous glazing and continuity between the interior and exterior are intended to create what the shipyard describes as "a concrete, physical and daily experience".<img src="https://photo-assets.superyachttimes.com/photo/400407/image/large-df6f37ceff582b3ba3416646a1eb6694.png" data-gid="gid://syiq/Photo/400407">Inside, P53 embraces a warm, minimalist aesthetic of natural wood finishes, textured fabrics and sculptural furnishings with floor-to-ceiling windows letting in abundant natural. An open-plan main saloon revolves around a floating staircase, while the owner's suite benefits from direct access to a private courtyard-style terrace. <img src="https://photo-assets.superyachttimes.com/photo/400406/image/large-daa53d1228baa068e244354e309f4f7c.png" data-gid="gid://syiq/Photo/400406">Designed for adaptability, the P53’s living spaces are able to meet the changing needs of the owner. <a data-gid="gid://syiq/Company/350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Picchiotti (Company)">Picchiotti</a> has seamlessly integrated areas for wellness, entertainment and relaxation, allowing the yacht to effortlessly flow between being a private retreat and a vibrant social space.<img src="https://photo-assets.superyachttimes.com/photo/400404/image/large-8354e2677bb64acf4a596db00ac68776.png" data-gid="gid://syiq/Photo/400404">Staying under the 500 GT threshold was a conscious design choice. This enables P53 to offer generous interior volumes without sacrificing efficiency or ease of handling, all while certifying guests feel truly connected to the sea.<img src="https://photo-assets.superyachttimes.com/photo/400400/image/large-f8ca43db82233000306fc926c7ac9212.jpg" data-gid="gid://syiq/Photo/400400">With an interior volume of 499 GT, accommodation onboard is arranged for up to 12 guests across six staterooms, alongside quarters for 10 crew members across five quarters.In terms of performance, the P53 is projected to propel at a top speed of 18 knots and a cruising speed of 14 knots. At a speed of 10 knots, she is expected to offer a range of 4,000 nautical miles.

Picchiotti unveils 53m Picchiotti P53 yacht concept

Picchiotti has unveiled 53m superyacht concept Picchiotti P53, developed by The Italian Sea Group and Picchiotti Centro Stile. 

TISG unveils 53m Picchiotti P53 yacht concept

The 25.5-metre <a data-gid="gid://syiq/Company/8931" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Yacht (Company)">Delta Yacht</a> motor yacht <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">Ferro 77</a> is currently on the market with Pantelis Stathis and Adam Levine of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>. The <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is an all-aluminium build that represents a rare opportunity to acquire a yacht that is both “technologically advanced and turnkey ready.”<img src="https://photo-assets.superyachttimes.com/photo/400271/image/large-042e416a0749ce23d26bfd1684f1f61f.jpg" data-gid="gid://syiq/Photo/400271">Delivered in 2024 by the Turkish shipyard, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/8930" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FERKA Yacht Interior & Furniture (Company)">Ferka Yacht Interior &amp; Furniture</a>.<img src="https://photo-assets.superyachttimes.com/photo/400272/image/large-665cfddabcdbf43bcb7373c8c8725c19.jpg" data-gid="gid://syiq/Photo/400272">Constructed with an aluminium hull and superstructure, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> has a beam of 5.9-metres and a draft of 3.5-metres, allowing access to remote anchorages.<img src="https://photo-assets.superyachttimes.com/photo/400302/image/large-6d3043599779cd785d7f04425cfecd3e.jpg" data-gid="gid://syiq/Photo/400302">Outside, <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">Ferro 77</a> is defined by sleek lines and entertaining spaces across her spacious flybridge, making her ideal for both private use and charter operations. Aft, her deck features a hydraulic swim platform that grants effortless access to the water, while her bow offers dedicated areas for sunbathing and relaxation.<img src="https://photo-assets.superyachttimes.com/photo/400300/image/large-a5fd57a1f3a98a7a0589aae8263b3566.jpg" data-gid="gid://syiq/Photo/400300" 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;"><img src="https://photo-assets.superyachttimes.com/photo/400303/image/large-6e9bbbd0baf0b3f97cd0bba14c1cc3eb.jpg" data-gid="gid://syiq/Photo/400303">Stepping inside, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> welcomes guests with a contemporary interior finished in a light and neutral palette, elevated by full-height glazing that bathes her living spaces with natural light.<img src="https://photo-assets.superyachttimes.com/photo/400290/image/large-5012de86bd386c51fa239bfaaca07f1a.jpg" data-gid="gid://syiq/Photo/400290"><img src="https://photo-assets.superyachttimes.com/photo/400298/image/large-1896711a5b580ca09d5f9090babe178c.jpg" data-gid="gid://syiq/Photo/400298">Spanning 120 GT, accommodation onboard the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=delta-yacht" rel="noopener noreferrer" target="_blank" title="">Delta yacht for sale</a> is arranged for up to eight guests across four staterooms, including a full-beam owner's suite with a private entrance. Dedicated quarters are available for four crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/400299/image/large-360a0105e4be0726bec696c3df1c7d28.jpg" data-gid="gid://syiq/Photo/400299">In terms of propulsion, the <a data-gid="gid://syiq/Yacht/16862" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferro 7725.5m (83'8&quot;)Delta Yacht 2024">yacht Ferro 77 for sale</a> is powered by triple <a data-gid="gid://syiq/Company/5350" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Volvo Penta (Company)">Volvo Penta</a> engines, delivering a cruising speed of 15 knots and a top speed of 23 knots. Moreover, she is equipped with stabilisers for use underway and at anchor, while solar charging supports the yacht's battery systems.<img src="https://photo-assets.superyachttimes.com/photo/400274/image/large-f1786fa85709141d256c445e720e412e.jpg" data-gid="gid://syiq/Photo/400274"><img src="https://photo-assets.superyachttimes.com/photo/400273/image/large-21b92ff0095aabee27e5cb3087b92fb0.jpg" data-gid="gid://syiq/Photo/400273">All images provided courtesy of <a data-gid="gid://syiq/Company/244" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="IYC (Company)">IYC</a>.

 26m Delta Yacht motor yacht Ferro 77 for sale

The 26m Delta Yacht motor yacht Ferro 77, an all-aluminium build is currently on the market with IYC. 

The 39.5-metre <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta</a> motor yacht <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> ran aground off Palmanova beach on Sunday 12 July at dawn.<img src="https://photo-assets.superyachttimes.com/photo/400367/image/large-b7d594b18122e3247204866d8fae5ca2.jpg" data-gid="gid://syiq/Photo/400367">According to local news reports, the yacht remained trapped for over an hour until several towing maneuvers were performed and freed her at 06:41. <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> then left the area, with AIS showing she then cruised to El Toro.&nbsp;Launched in 2005 as part of the <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta</a> 130 series, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</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>, while her interior was penned by <a data-gid="gid://syiq/Company/2090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Luxury Projects (Company)">Luxury Projects</a>, with naval architecture by her builder <a data-gid="gid://syiq/Company/473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mangusta Yachts (Company)">Mangusta Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/400368/image/large-fbe1b23554f87fee40103184abab8543.jpg" data-gid="gid://syiq/Photo/400368"><a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> underwent a refit in 2010 during which her systems were updated, she also regularly visits the <a data-gid="gid://syiq/Company/4473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STP Shipyard Palma (Company)">STP Shipyard Palma</a> refit facility for maintenance. Spanning 235 GT, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> can sleep up to nine guests across a four stateroom configuration, as well as a crew of five in three cabins.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which give her a cruising speed of 32 knots and a top speed of 35 knots. At the time of publication, <a data-gid="gid://syiq/Yacht/492" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mrs Grey39.5m (129'7&quot;)Mangusta Yachts2005">Mrs Grey</a> is showing a location of Formentera, Spain according to AIS.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/74030/image/large-4e55b39a4083f35949fb1b54013c3bd8.jpg" data-gid="gid://syiq/Photo/74030">

Mrs Grey: 40m Mangusta 130 yacht runs aground in Palmanova

The 39.5-metre Mangusta motor yacht Mrs Grey ran aground off Palmanova beach on Sunday 12 July at dawn.

40m Mangusta yacht Mrs Grey runs aground in Palmanova, Mallorca

<a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a> has announced that the second <a data-gid="gid://syiq/Company/570" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral (Company)">Admiral</a> Panorama 50 yacht <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> has been launched, following the delivery of the first hull, <a data-gid="gid://syiq/Yacht/12258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Spribe50.0m (164'1&quot;)Admiral2026">Spribe</a>, earlier last week. The semi-custom yacht features an extended length of 53.5-metres and a hybrid propulsion system.<img src="https://photo-assets.superyachttimes.com/photo/399950/image/large-ab3712c7050b433b0b803e8d54c031e6.jpg" data-gid="gid://syiq/Photo/399950">Built with an aluminium hull and superstructure, construction on <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> began in April 2024 with her <a data-gid="gid://syiq/Article/60101" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="53m hybrid Admiral Panorama superyacht keel laid (2024-04-04 12:00:00 +0200)">keel laying</a>, before the yacht <a data-gid="gid://syiq/Article/61701" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Admiral 53M Hybrid superyacht moves to outfitting (2024-10-10 16:00:00 +0200)">moved to outfitting</a> in October 2024. <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> features exterior design by <a data-gid="gid://syiq/Company/6288" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Piredda & Partners (Company)">Piredda &amp; Partners</a>, with naval architecture penned in-house by <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group</a>. Meanwhile, her interior designer, <a data-gid="gid://syiq/Company/4944" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RADYCA INC (Company)">RADYCA</a>, was handpicked by the owner.<img src="https://photo-assets.superyachttimes.com/photo/400361/image/large-7aebb9b9bb1038be2cda557f786149af.jpg" data-gid="gid://syiq/Photo/400361">"M/Y <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> has been a priority new construction project for me from the very beginning," said Founder and Chairman of <a data-gid="gid://syiq/Company/5812" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="FGI Yacht Group (Company)">FGI Yacht Group</a> and owner’s representative Frank Grzeszczak Sr. "I have worked alongside the owner for more than 28 years on 7 deals, which 3 were new construction that he built and resold. To be part of the entire journey -- from concept and construction to today's launch and upcoming delivery --has been incredibly rewarding. Seeing a client's vision become reality is exactly why I love what I do."Spanning three decks, <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> bridges the gap between indoor and outdoor spaces, with spacious areas, high ceilings and panoramic windows. Her interiors use high quality, natural materials, including stones, wood and rough metals.<img src="https://photo-assets.superyachttimes.com/photo/400366/image/large-7cd6769be02a39cbcd70bd8ae1d7bde4.jpg" data-gid="gid://syiq/Photo/400366"><a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> is capable of sleeping as many as 12 guests across five staterooms on the lower deck, while her owner’s suite on the upper deck benefits from panoramic views on all three sides, and leads to a private forward-facing deck.In terms of performance, <a data-gid="gid://syiq/Yacht/12950" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Silvia53.5m (175'6&quot;)Admiral2026">Silvia</a> is fitted with an <a data-gid="gid://syiq/Company/7127" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="E-Motion Hybrid (Company)">E-Motion Hybrid</a> propulsion system, which consists of twin <a data-gid="gid://syiq/Company/1441" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MAN (Company)">MAN</a> diesel engines, four variable-speed generators, two permanent magnet electric motors and a large lithium polymer battery pack.<img src="https://photo-assets.superyachttimes.com/photo/400363/image/large-e060779ee47b5fca907dfd59062cf62e.jpg" data-gid="gid://syiq/Photo/400363">The system allows for several operating modes, such as diesel main engines and electric alternators providing power to all onboard services during navigation with the generators off, allowing the batteries to recharge. Alternatively, variable-speed generators can adjust their output based on the onboard load requirements in order to limit fuel consumption.Her batteries are complete with a ‘peak-shaving’ function, avoiding the need for activating a second or third generator during short-term load peaks. In addition, the batteries ensure the yacht can continue running even in the event of a temporary loss of shore power, preventing blackouts.

Silvia: Custom Admiral Panorama 50 yacht prepares for launch

The Italian Sea Group has announced that the second 49.5-metre Panorama 50 yacht Silvia is preparing for her launch.

Semi-custom 54m Admiral Panorama 50 yacht Silvia launched

The 49.9-metre <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa</a> superyacht <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> has been sold, with <a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence’s</a> Tom Roberts introducing the buyer and Jeremy Comport and Jack Gradus representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/10766/image/large-9b51665eea2c61a24cc6f095613dd32e.jpg" data-gid="gid://syiq/Photo/10766">Part of <a data-gid="gid://syiq/Company/1661" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tankoa Yachts S.p.A. (Company)">Tankoa’s</a> S501 series, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> was delivered in 2017 and features naval architecture by <a data-gid="gid://syiq/Company/7852" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massimo Visibelli (Company)">Massimo Visibelli</a>, with exterior design by <a data-gid="gid://syiq/Company/586" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Francesco Paszkowski (Company)">Francesco Paszkowski</a> and interiors created through a collaboration between Paszkowski and <a data-gid="gid://syiq/Company/6365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Margherita Casprini (Company)">Margherita Casprini</a>.Her open-plan main saloon draws inspiration from 1950s design, combining raw materials with refined finishes to create a warm and inviting atmosphere. With a volume of 499 GT, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> accommodates up to 12 guests across six well-appointed staterooms. Outdoor amenities include alfresco dining, an outdoor cinema, Jacuzzi and sunlounging areas.In terms of propulsion system, <a data-gid="gid://syiq/Yacht/5902" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vertige49.99m (164'0&quot;)Tankoa Yachts S.p.A.2017">Vertige</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 14 knots and a top speed of 16 knots.&nbsp;

Tankoa yacht Vertige sold

The 49.9-metre Tankoa superyacht Vertige has been sold.

50m Tankoa superyacht Vertige sold

<img src="https://photo-assets.superyachttimes.com/photo/400246/image/large-900595f67ea5f2e634d142cb0c17d049.jpg" data-gid="gid://syiq/Photo/400246">Anchored among the fjords of Norway, the 73-metre <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</a> is currently moored off the city of Bodø, according to AIS data.Previously known as Saint Nicolas, the yacht was delivered by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> in 2007 and re-emerged in March 2025 following a 12-month transformation at <a data-gid="gid://syiq/Company/44" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abeking & Rasmussen (Company)">Abeking &amp; Rasmussen</a>. The extensive refit saw her exterior reimagined by <a data-gid="gid://syiq/Company/7339" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pascoli International (Company)">Pascoli International</a> and her interiors redesigned by <a data-gid="gid://syiq/Company/110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Patrick Knowles Designs (Company)">Patrick Knowles Design</a>, alongside significant technical upgrades and structural modifications.Now featuring a striking black-and-white exterior, <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</a> retains elements of her original character while introducing a more contemporary aesthetic. Inside, the existing <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti</a> woodwork was preserved and complemented by updated materials, finishes and lighting to create brighter, more modern living spaces.Among the most notable upgrades was a stern extension that expanded the swim platform, creating a larger waterside area for relaxation, water activities and alfresco dining. The sundeck was also transformed into a wellness-focused space featuring a gym, sauna, cold plunge pool and enclosed spa area with floor-to-ceiling glass panels.In terms of performance, <a data-gid="gid://syiq/Yacht/112" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Starfire73.0m (239'6&quot;)Lürssen Yachts2007">Starfire</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, providing her with a top speed of 20 knots. <a data-gid="gid://syiq/Article/63150" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Behind Abeking's refit of Lürssen 73m superyacht Starfire ahead of MYBA unveiling (2025-04-24 09:30:00 +0200)">Read more about her refit here.</a>

Lürssen superyacht Starfire in Norway

Anchored among the fjords of Norway, the 73-metre Lürssen superyacht Starfire is currently moored off the city of Bodø,.

73m Lürssen superyacht Starfire in Norway

As part of our history series from revered in-house yacht historian, Malcolm Wood, we take a closer look at yacht builders that are, for one reason or another, no longer in existence. Across the next two issues, we explore the Camper &amp; Nicholsons shipyard of Gosport and Southampton in the UK. In this first instalment, we delve into the sailing yachts of the yard. <img src="https://photo-assets.superyachttimes.com/photo/45788/image/large-95e8c10229d15656bf62337401da4805.jpg" data-gid="gid://syiq/Photo/45788">Camper &amp; Nicholsons were one of the earliest builders of yachts greater than 30-metres in length. The company also developed into one of the world’s most prominent yacht builders over the years, completing well over 2,000 vessels of all sizes. Owing to the large numbers of yachts involved, it is for this reason that we’ve decided to cover this prolific builder in two parts.The origins of the yard lie in one Francis C. Amos, a London born shipyard apprentice who in 1782 signed an agreement to lease the disused Charles Fort at Gosport, the site at which most of the company’s yachts would be built in future years. In 1809, William Camper, a great nephew of Amos, was apprenticed to his great uncle and following the death of Francis Amos in 1824, the control of the yard passed to William Camper.The first large yacht built by Campers was a 327-ton brigantine named Anonyma, launched in 1839 for the Royal Yacht Squadron member Colonel Greville. A succession of sailing yachts over 100-tons for both cruising and racing were built in the following two decades.<img src="https://photo-assets.superyachttimes.com/photo/45789/image/large-ec4c5eb1372fc46fcaf3f1e344031da5.jpeg" data-gid="gid://syiq/Photo/45789">The Nicholson name first made an appearance in 1842 when Ben Nicholson was indentured as an apprentice shipwright to the Camper yard. Prior to William Camper’s death in 1863 he had written in his will that he wanted Ben Nicholson to take control of the yard together with one of his grandsons as a partner when he reached a mature age. The company would now be known as Camper &amp; Nicholson.One of the most famous racing yachts of this era was the 206-ton schooner Aline, built in 1860 for Charles S. Thellusson, one of the company’s most important clients. No less than 72 sailing yachts over 30-metres LOA were delivered from 1839 to 1914. Shamrock IV 1914 was Sir Thomas Lipton’s America’s Cup challenger in 1920 but lost to Resolute and was later broken up in 1932. Five of the 72 are still in service: Amphitrite of 1887, Black Swan (ex: Brynhild) of 1899, <a data-gid="gid://syiq/Yacht/5041" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merrymaid34.75m (114'0&quot;)">Merrymaid</a> of 1904, <a data-gid="gid://syiq/Yacht/5039" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Joyette32.3m (105'12&quot;)">Joyette</a> (ex: Almara) of 1907 and <a data-gid="gid://syiq/Yacht/4394" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Orion of the Seas49.29m (161'9&quot;)">Orion</a> (ex: Sylvana) of 1910. Of these, Amphitrite is now a German registered sail training vessel whilst the other four are still private yachts.Following WWI, steam and motor yachts became the priority for the yard although several large sailing yachts were still being constructed. These were <a data-gid="gid://syiq/Yacht/4892" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sylvia43.6m (143'1&quot;)">Sylvia</a> in 1925, <a data-gid="gid://syiq/Yacht/921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Creole65.3m (214'3&quot;)">Vira</a> in 1927, Panope in 1928, <a data-gid="gid://syiq/Yacht/5042" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astra35.0m (114'10&quot;)">Astra</a> in 1928, Ailée II in 1928, <a data-gid="gid://syiq/Yacht/4885" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Candida39.65m (130'1&quot;)">Candida</a> in 1929, <a data-gid="gid://syiq/Yacht/1276" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shamrock V36.58m (120'0&quot;)">Shamrock V</a> in 1930, Sonia II in 1931, <a data-gid="gid://syiq/Yacht/5040" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saharet of Tyre32.43m (106'5&quot;)">Saharet</a> in 1933, <a data-gid="gid://syiq/Yacht/251" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Velsheda39.4m (129'3&quot;)">Velsheda</a> in 1933,&nbsp;Endeavour I in 1934, Endeavour II in 1936, Panda in 1938 and Blanche-Neige in 1939.<img src="https://photo-assets.superyachttimes.com/photo/45790/image/large-7e2737a3a194fd03f59622194ca20b8a.jpg" data-gid="gid://syiq/Photo/45790">Of these, <a data-gid="gid://syiq/Yacht/921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Creole65.3m (214'3&quot;)">Vira</a> - better known as <a data-gid="gid://syiq/Yacht/921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Creole65.3m (214'3&quot;)">Creole</a> today - was the largest with a length overall of 63.03-metres and a TM tonnage of 697. T.O.M. Sopwith’s Endeavour I is well known today, whilst Endeavour II&nbsp;was converted to a yawl and was eventually dismantled in 1963.Sonia II, owned by UK powerboat racer Betty Carstairs, was converted to a banana carrier in 1944 whilst Ailée II owned by French yachtswoman Virginie Heriot ended up in the French Navy’s Ecole Naval de Brest as a training vessel. Panda was seriously damaged by fire at St. Martin in 1984 and was later towed to Florida and scuttled in 1988.Let’s now look at C&amp;N’s post-WWII large sailing yacht construction.The first large sailing yacht constructed post-WWII was a 35-metre ketch named <a data-gid="gid://syiq/Yacht/2222" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aries35.0m (114'10&quot;)">Aries</a> for W.J. Reynolds of the USA, delivered in 1953. This was followed by another ketch of 30.2-metres, Miguy III, and delivered to Comte Guy du Boisrouvray in 1960. This yacht was originally ordered for King Faisal II of Iraq who was assassinated in a coup d’etat before she was completed.<img src="https://photo-assets.superyachttimes.com/photo/45787/image/large-db70b8e1ec66083603d788b639ea1874.jpeg" data-gid="gid://syiq/Photo/45787">The yard was very busy with small production-line sailing yachts and it wasn’t until 1979 that another large sailing yacht of 30.54-metres was completed. This sloop-rigged motorsailer named <a data-gid="gid://syiq/Yacht/5037" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Calabuig30.54m (100'2&quot;)">Calabuig</a> was of alloy construction and was built for an Italian owner.Another decade was to pass before the Ron Holland designed sloop Royal Eagle II of 30.5-metres was delivered to her American owner in 1989. Just three more large sailing yachts would emerge from the yard in the 1990s, namely the Rob Humphreys/John Munford designed ketch Cyrano de Bergerac of 39-metres in 1993 for a repeat Italian owner, followed by the Bill Dixon/Terence Disdale designed schooner Yanneke Too of 35.9-metres for a US-based Swiss banker in 1995, and finally the 37-metre Ed Dubois designed sloop&nbsp;Our Blue Dream for a Russian owner in 1999.In our next issue, we’ll look at the steam and motor yachts built by Camper &amp; Nicholsons and add some more facts about this leading yacht builder. This article is featured in the latest edition of the SuperYacht Times newspaper. <a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription">Subscribe now</a> to receive your copy straight to your door and never miss another issue.