The story behind Golden Yachts superyacht Project X

Project X yacht launch

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Captain Paris Dragnis, CEO & Founder of Golden Yachts

Project X yacht interior outfitting

Project X yacht dining room

Project X yacht dining

Project X yacht anchored

Project X yacht saloon

George Chairakakis Projects Director at Golden Yachts

Project X yacht at the shipyard

Lift Emotion glass lift 

Project X  yacht bridge installation 

Project X yacht control room

Golden Yachts team on Project X yacht

The story behind the completion of the iconic Golden Yachts superyacht Project X

What gives Golden Yachts 88m superyacht Project X 'the X factor?'

Sitting across from me is Sampriti Bhattacharyya, a woman who can’t help but push past any boundary placed on her path. What’s most striking about this is that she does it with grace and speaks of it humbly - an ode to her intellect not just in the field of technological development, but her emotional intelligence too. From moving across continents and oceans to designing groundbreaking technology for the US military, Sampriti has unexpectedly found her way into the yachting industry at the helm of <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>, a company set to redefine water travel.<img src="https://photo-assets.superyachttimes.com/photo/383526/image/large-c68e149a038779a749301544dea136ce.jpg" data-gid="gid://syiq/Photo/383526">A journey across oceans: From India to AmericaGrowing up in Kolkata, India, Sampriti didn’t have cable TV until she was 16; one of the first things she watched was the Apollo mission to the moon. “The idea that people are going outside of planet Earth, it completely changed what humanity is capable of doing,” shares Sampriti. She was a curious kid, a trait she still holds dear to her heart, and has lived a life exploring solutions for any kind of problem, yet mainly those that, when solved, can fundamentally change how you interact with the world.&nbsp;Yet growing up in India, Sampriti didn’t have many opportunities, especially as a young woman. By the age of 20, owning her first computer, it was a singular email that ended up getting her a ticket to America. From there, alone and a world away from her family, Sampriti shifted her focus to high energy physics at Fermi National Accelerator Laboratory/Fermilab in Illinois. “I was always fascinated by space and understanding the universe, but down the line, I realised we might leave that for artificial general intelligence (AGI) to figure that stuff out.” <img src="https://photo-assets.superyachttimes.com/photo/383528/image/large-83e7e7e14cc75902db67627fc977be68.jpg" data-gid="gid://syiq/Photo/383528">Shifting her focus from purely experimental physics to a more hands-on approach, building machines and nuclear reactors, Sampriti ended up working on aircraft controls for NASA before starting her PhD at the Massachusetts Institute of Technology (MIT).In 2014, when Malaysian Airline Flight 370 disappeared, Sampriti was working on building underwater drones to be used for ocean mapping. “Everyone’s talking about going to the moon and occupying Mars, but we have 70% of the world’s real estate, the ocean, our very own backyard and we don’t even know when an airplane gets lost.”&nbsp;It was a topic that deeply intrigued Sampriti: “I went down a rabbit hole of understanding the entire maritime industry.” She quickly learned that it’s very much of a legacy-based industry, yet that it has infinite potential. “Everything we use moves on this water: food, all kinds of goods, and the future of energy. It’s not in space.” The auto-industry was being transformed, as well as aerospace, computing, sensing, scalable manufacturing and propulsion technologies: “if you apply the same technology stack to maritime manufacturing, which is still a very fragmented, old school industry, you can make not just a little bit of a difference, rather, you can fundamentally change the way the industry works. I was convinced that, like there is a Tesla and a SpaceX, there will be an equivalent vertically integrated maritime company.”<img src="https://photo-assets.superyachttimes.com/photo/383534/image/large-e9498aaaf85ece20432436236098485e.jpg" data-gid="gid://syiq/Photo/383534">Introducing <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>Occupying that space is <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>, a company focused on radically changing the maritime industry, founded and owned by Sampriti herself. With a mission of building the most compelling, software driven marine vessels, Sampriti and her team at <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> strive to build boats that drastically reduce operational costs and unlock a new era of clean, scalable waterborne transportation for both people and goods. “I didn’t set out to build sustainable boats, I just wanted to build the best boats, and those happen to be electric and hydrofoiling,” Sampriti notes humorously. Working to understand the physics and economics behind a gas-based boat, “you have this big body and you’re trying to push water; it takes a lot of energy.” It’s a hindrance in cities like Amsterdam or San Francisco, where efficient transportation via water could cut a lot of time and costs.<img src="https://photo-assets.superyachttimes.com/photo/383550/image/large-acf9f7fcc25a130b6a325084da808be1.jpg" data-gid="gid://syiq/Photo/383550">The boat Sampriti has built at <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> is hydrofoiling and electric. When looking at the operational costs of a boat, there are two elements: there’s fuel and there is labour needed to push a boat through the water. A <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> boat doesn’t have this, instead, by using electric hydrofoiling there is no plowing through the water, making the vessel “incredibly efficient: the electric hydrofoiling delivers ~10x efficiency versus a conventional gas boat. About 70 percent of that gain comes from hydrofoiling, and ~ 30 percent from electrification” highlights Sampriti. Another benefit is that hydrofoil and electric together is also much cheaper than a regular gas-based vessel. “People don’t realise that ‘electric’ has a lot of efficiency: it gives about 30% more operational cost-efficiency.”Sampriti highlights another benefit of hydrofoiling, stating how “it gives you a much better ride experience because there is no seasickness; electric also means it’s noise free.” The boat is sustainable, yet Sampriti isn’t a fan of the overused buzzword, instead, she relates it back to her original goal: “Let's build the best boat. And that happens to be hydrofoiling and electric.”<img src="https://photo-assets.superyachttimes.com/photo/383529/image/large-f4e59995e4f20f4a02a2b6d8cb5c76ab.jpg" data-gid="gid://syiq/Photo/383529">Building for the futureThe actual build of the <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> boat, the N30 Pioneer Edition, started in 2022 and the first batch was delivered last year. Currently Sampriti and her team are busy with deliveries of the N30 Pioneer Edition II, starting around April of this year. Both the Pioneer I and II are 100 percent electric. The Pioneer II also incorporates more advanced features, including Starlink and NACS fast charging.Not long after starting on Pioneer I, Sampriti was approached by a defence company. Having previous experience in building military-grade technology, it seemed like a very natural collaboration for Sampriti’s business. The N30 Quanta, unveiled at the Fort Lauderdale International Boat Show 2025, is the longest range vessel in its category. Sampriti shares that it’s “a 30-foot hybrid electrical vessel with a range of 700 nautical miles for the civilian variant, and a range of 2,000 nautical miles for the defence variant; both at a cruising speed of 20 knots. It fundamentally changes what America can do at sea.” <img src="https://photo-assets.superyachttimes.com/photo/383551/image/large-79279829441e5bae48e6e420a812b554.jpg" data-gid="gid://syiq/Photo/383551">Currently the United States sits at number 19 when it comes to the maritime industry, a stark contrast to having been number one until the Second World War. “After that, incentives weren’t given to shipyards, labour cost was very high and there were too many regulations,” shares Sampriti. Yet the tides are turning: “It’s a huge geopolitical, national security and trade risk because 90 percent of goods are transported across the ocean.” Sampriti shares how, slowly, people are waking up to the maritime reality, “there’s a lot of push on ship building again. It’s not just about naval power, but rather building a maritime ground with standardised, common platforms that can be repurposed for defence, cargo and transportation.”Sampriti’s view is holistic, noting that “each of these platforms and ships have commonalities. At <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a>, we’re focused on building the first-of-its-kind Generalised Marine Vessel Platform (GMVP), designed around three governing principles: low build and operation cost, longest range at speed, and operation across diverse sea states.” This is precisely where hydrofoils come in as they’re built for this multifunctionally. “They can carry big cargo and remain stable and have a much longer range than a general hull can have, and that’s really our ethos,” Sampriti notes. “We’re in an era of asymmetric warfare where a $1,000 drone can take down a billion dollar carrier craft,” something that is neither sustainable nor economically efficient. “You have to build things that can scale,” Sampriti continues, “to build vessels that are adaptable.”&nbsp;The goal for <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> is to be a dual-use company: to have a vessel that can be used for defence and civilian purposes. Just like aviation, <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> vessels also fit the high-end luxury industry of superyachts, “it’s like how the flight control system that is on US Navy vessels is the same flight control system we have in our recreational aircrafts.”<img src="https://photo-assets.superyachttimes.com/photo/383552/image/large-55de5dbef6f489e6c364a79356321084.jpg" data-gid="gid://syiq/Photo/383552">Altering the use of waterwaysFor centuries, and still in places like Venice and Amsterdam, people travel on the water. Overtime, roadways and railways didn’t just become more efficient, but boats became inefficient. “If you can solve the cost and comfort problem of small boats, then suddenly every Marina can be a transportation hub,” Sampriti continues, “you’re doing the same thing that trains and airways are doing, and starting an entirely scalable transportation network between every Marina. It’s a standardised network.”&nbsp;It’s these kinds of changes that motivates Sampriti to get up in the morning: to connect the world and everyday people, allowing them to travel from place to place at incredible speed. “Take a place like San Francisco: if you go from Martinez, it’s over two hours by land, due to traffic, but 45 minutes by water.” By introducing vessels like Sampriti’s, people can come to work in San Francisco, while living further out without losing too much time or money on a commute. “It creates more affordable housing, growth in infrastructure, and an accessibility to life.”The technology, however, is expensive. “We’re very fortunate,” Sampriti notes, “because there’s early champions like doctors who see the big vision.” The maritime industry is a very conservative one, making it essential to have people who understand the vision. “We get them to the boat show and introduce them to adventurers, explorers and pioneers that are willing to try this high-tech thing out. Owners of superyachts are precisely those kinds of people.” An industry filled with entrepreneurs and creatives, they become cheerleaders of innovation for businesses and ideas the likes of Sampriti’s.<img src="https://photo-assets.superyachttimes.com/photo/383517/image/large-bec9c81cb41170abd517704808fb1bcb.jpg" data-gid="gid://syiq/Photo/383517">Superyacht owners weren’t the clientele in mind when designing the best possible vessel, however, Sampriti has intentionally produced a limited number of recreational vessels. The idea is to build a community of explorers and mavericks at heart, who are pioneering a new era of sea adventure. “When you see people you aspire to be like, and those people are using these hydrofoil electric boats, it influences their audience and changes the way people look at maritime transportation, but also benefits the planet.Sampriti calls herself “very much of an optimist. I think in the long run, if you build a product that is helpful and useful for the world and it functions better than what already exists, I like to believe merit will win.” Sampriti knows that her <a data-gid="gid://syiq/Company/6284" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Navier (Company)">Navier</a> vessels will create an irreversible change in the maritime industry, “it might be slow at the start, but you push through.” It is precisely this optimism, tied with Sampriti’s vast experience in maritime technology and her care for the ocean that will help her continue to break maritime boundaries, one electric hydrofoil at a time.

Navier redefining boundaries of maritime transportation

The woman who is singlehandedly changing the maritime industry: Sampriti Bhattacharyya, the foundere and CEO of Navier

Sampriti and Navier: Redefining the boundaries of maritime transportation

A lifelong spearfisher, a captain and recently a broker, one can truly say that Cameron Kirkconnell is a man of the sea. Growing up in the Cayman Islands, traversing the globe, setting numerous spearfishing world records, and selling superyachts, the common denominator in all Cameron does is his profound sense of care, whether for clients, guests or colleagues.&nbsp;SuperYacht Times Features Editor Leona Caanen sits down with Cameron to chat about his journey from spearfisher to captain to superyacht broker.<img src="https://photo-assets.superyachttimes.com/photo/381245/image/large-b8435d19156ab8568d831fc861c03d0c.jpeg" data-gid="gid://syiq/Photo/381245">Captain, spearfisher, nomadCameron’s ties to the sea span back generations, to when his forefathers were shipwrecked off of Cuba six or seven generations ago. “They were found by a group of people from the Cayman Islands,” Cameron shares, “since then, our family has been there for about five generations.” Coming from a long line of captains, “we’re bred from the sea,” Cameron shares, “growing up, our entire lives were centred around going to the water, whether to dive or fish or go surfing.” Even when playing college league football and competitive water polo, Cameron always preferred to be in the water; whether hunting or fishing with his dad and cousins.&nbsp;After high school, Cameron attended and graduated from the Merchant Marine Academy, one of the best maritime schools there is. He left the academy with certification to work as a third officer with unlimited tonnage on any kind of ship. From there, Cameron followed in his ancestor’s footsteps, working his way up to captain, while traversing the globe onboard commercial vessels. &nbsp;Just like the superyacht industry, being onboard a commercial vessel means working on rotation. Saving up as much money as he could, Cameron would spend his time off travelling to remote corners across the world, finding places to go diving and fishing. “Until I met my wife, about 15 years ago, I had never paid rent. I never had a permanent place to stay.” <img src="https://photo-assets.superyachttimes.com/photo/381275/image/large-fcd8ed1b2fa264bc4bb6527665b6b9c5.jpg" data-gid="gid://syiq/Photo/381275">Having grown up fishing, spearfishing, and diving, Cameron went looking for other places to explore the ocean. “I fell in love with travelling. For eight or ten years, I went all over, from the South Pacific, Indian Ocean, East Coast of Africa, all through the Caribbean, and Central America.”No matter where he travelled in his time off, Cameron always aimed to give his all and strike gold when fishing: “I’m going to the best place at the right time, on the right moon, on the right tide, and I’m going to get the best fish that there is. Period.” With more than 19 world records to his name and another 30 or so achieved for and with others, the results underscore his efforts, yet he still remembers the one that started it all: “The first really significant world record I got was in Bali, Indonesia, catching a dog tooth tuna.”<img src="https://photo-assets.superyachttimes.com/photo/381247/image/large-9fdee404f4859a57081005654ec1f01f.jpeg" data-gid="gid://syiq/Photo/381247">Like father, like sonCameron is a family man at heart. Upon retiring from his solo global adventures, Cameron got married and started his family, although he did anything but settle down. Instead, he shares his passion for the sea with his kids, the oldest of which is already accompanying him on trips. “My son and I went up to the northern part of Norway and did a week of spearfishing together to try and get the world record for halibut,” Cameron shares. A record he, of course, achieved, yet the pride wasn’t in adding another record to his name, but rather in sharing it with his son.It was Cameron’s father that got him into spearfishing, with some of his earliest and best memories growing up in the Cayman Islands being with his father. “I was so small and I couldn’t swim, so he’d have his arm out and I’d be holding on, he’d be towing me around.” Already back then Cameron could spot fish better than anyone else; people would praise his skills, give a pat on the back: “I find I could, and can, just pick out minute details, spot something different and significant, only now to be overshadowed by my son,” Cameron shares, adding with a hint of pride: “he’s eleven,”“I bring my son on a lot of trips, he’s very good on the boat,” Cameron remarks, emphasising that his son isn’t just great at spotting fish and spearfishing, but also at spotting boats. “He’s a savage critic on boats… he’ll tell you straight up.” A character trait that Cameron is proud to see, “we’ve always pushed transparency in our kids, whether in business or in people, life is too short.”<img src="https://photo-assets.superyachttimes.com/photo/381248/image/large-4cf86a16eaa71752830ca731bb2a57d3.jpg" data-gid="gid://syiq/Photo/381248">Spearfisher turned brokerCameron himself also strives to be transparent, within his family life, in spearfishing and in business. While having spent most of his life in the water and plenty of time on boats, Cameron had never quite intended to become a superyacht broker, but like most things in his life, when the opportunity arose, he jumped right in, giving it his all.In sharing spearfishing with others, Cameron eventually landed in the world of superyachts. The first five or so years, he was managing everything by himself, but when the opportunity arose to join AJ Blackmon at <a data-gid="gid://syiq/Company/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikonic Yachts (Company)">Ikonic Yachts</a>, the choice was easy. “I needed the help; I needed the background, the back office, and the know-how of the yachts.” Yet it wasn’t just the professional timing that made the match; “AJ has this insane level of transparency and expertise; it’s unbelievable what he has put together and he is very humble.”<img src="https://photo-assets.superyachttimes.com/photo/381274/image/large-4eee43810e64eb39a7b11536ba71c90e.jpg" data-gid="gid://syiq/Photo/381274">Upon joining the <a data-gid="gid://syiq/Company/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikonic Yachts (Company)">Ikonic</a> team, Cameron notes how AJ has put together a great team, one that feels like a family office with no BS. “Putting together him and I and Matt and Ben and Hannah; it’s such a good set up,” Cameron enthuses, “not just for me but for my clients because everyone in the team is at the absolute pinnacle of their business. It’s the best of the best.”&nbsp;One of the most memorable yachts that Cameron has gotten to work with has been <a data-gid="gid://syiq/Yacht/6344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beast 39.2m (128'7&quot;)Profab Central Engineering Ltd2019">The Beast</a>, belonging to Sir Michael Hill. On a search for the ideal vessel to take Cameron and his team on remote spearfishing excursions, they ran into the 39-metre superyacht. “When we found the beast, we were like, where has this thing been? When going remote, you don’t just need a nice boat, you need all the functionalities required for such a mission,” says Cameron.<img src="https://photo-assets.superyachttimes.com/photo/217319/image/large-389761c0d05f0528314f5aab63e4b23a.jpg" data-gid="gid://syiq/Photo/217319">The vessel made a deep impression on Cameron, “I messaged him, saying ‘Hey Sir Michael, if you ever sell this thing let me know.” It’s a sentiment shared not only by Cameron, “every client that’s come on there has said the same thing.” Only a year and a half old at the time, Cameron today still seems impressed by the yacht: “he did such a good job building this boat. She’s easy to maintain, she can change her engines out herself, guests can stay in luxury spaces, it’s just an incredible set up.”Unfortunately, Sir Michael Hill passed away earlier this year, “he wouldn’t sell it to me but we kept in touch over the years. In the end, he was able to use <a data-gid="gid://syiq/Yacht/6344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beast 39.2m (128'7&quot;)Profab Central Engineering Ltd2019">The Beast</a> until his last days, spending time with his family onboard; it was wonderful for him… it’s something that we all dream of,” shares Cameron. After knowing each other for nearly seven years, Sir Michael has entrusted Cameron with the sale of the yacht, “he appreciates that the mission is going to go onwards.” <img src="https://photo-assets.superyachttimes.com/photo/381273/image/large-266341e6aba18b31b888b1f653dca2dd.jpg" data-gid="gid://syiq/Photo/381273">Although Cameron can’t quite disclose what exciting adventures <a data-gid="gid://syiq/Yacht/6344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Beast 39.2m (128'7&quot;)Profab Central Engineering Ltd2019">The Beast</a> will embark on next, the yacht has generated so much interest, with three full-price offers within the first week, that Cameron and <a data-gid="gid://syiq/Company/5554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ikonic Yachts (Company)">Ikonic Yachts</a> have started to design more yachts in a similar size, as well as bigger. “It’s a niche that needs to be filled, the desire for a true expedition boat. Not the buzzword that’s been going around but a truly self-sustaining vessel; a boat that can do some really cool stuff.”Most of the yachts that Cameron sells don’t reach the market. “The guys that want to go to these remote places, or kite surf or spearfish, they don’t want to see other boats, nor do they want other boats to have been there. They want to be able to visit unique and remote tolls. When these yachts become available, they snatch them up pretty quick.”<img src="https://photo-assets.superyachttimes.com/photo/99335/image/large-12f139a8fd50016263364bfee4501ec7.jpeg" data-gid="gid://syiq/Photo/99335">Transparency, care and dedicationWhat is most remarkable about Cameron and the way he goes about his work, whether spearfishing expeditions or selling superyachts. Staying true to his values, Cameron’s success stems from his transparency as well as his genuine care for his clients and the yachts.“I don't force any sale: It needs to be the right boat at the right time, and sometimes it's not the right time. I’ll tell them to wait for the right time and I think that transparency has done me very well. I'm probably too emotional about it just because I truly care about my clients and I care about the boats,” shares Cameron. “If they call and there’s a line wrong in the paperwork, it affects me, it hurts my heart because I want everyone to be happy.”While Cameron knows he is possibly too emotionally invested in every sale, it is precisely his attention to his clients, the vessel and detail that makes him so good at what he does. “People know I actually care,” Cameron adds.<img src="https://photo-assets.superyachttimes.com/photo/381249/image/large-c781199ba8a652c915d45588514834b4.jpg" data-gid="gid://syiq/Photo/381249">In an industry as extravagant and luxurious as superyachts, it is refreshing to find someone so passionate about his work; not from a financial perspective, but from a love of giving people the best possible experience, whether in spearfishing a world record or purchasing a superyacht. When you work with Cameron, you know you’re working with someone who has a lifetime of experience accompanied by a profound care for all he does.

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It isn’t every day that the superyacht press finds itself on a video call with one of the most influential figures in technology. But when Gabe Newell, co-founder of Valve and now shareholder at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, appeared on screen for a private roundtable with a select group of journalists during the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show</a>, the atmosphere was one of curiosity and anticipation. For an hour, he spoke candidly about his unlikely journey into yachting, his vision for research-led fleets and why he believes there will always be interesting technologies and opportunities to build more boats.<img src="https://photo-assets.superyachttimes.com/photo/372661/image/large-efbaa1c91bfa6988f938d8e2732895dd.jpg" data-gid="gid://syiq/Photo/372661">“I wasn’t interested in yachts at all,” he admitted with disarming honesty over the call, explaining how a surprise charter onboard the 77.6-metre <a data-gid="gid://syiq/Company/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vosper Thornycroft (Company)">Vosper Thornycroft</a> <a data-gid="gid://syiq/Yacht/301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M577.6m (254'7&quot;)Vosper Thornycroft2004">M5</a> (ex. Mirabella) for his ex-wife’s 50th birthday turned into the start of a lifelong passion. “I thought I was going to be miserable. Instead, I discovered this incredible way to spend time with friends and family.”That first charter led to many more. Then came ownership. Then, inevitably, came shipbuilding. Today, Newell not only owns a growing fleet, but also lives full-time at sea. “Other than a couple of months in 2021, I’ve been living onboard ever since the pandemic,” he said, leaning back in his chair on screen. His three cats, he joked, are just as bemused as he is when the captain informs them which vessel they’re moving to next.<img src="https://photo-assets.superyachttimes.com/photo/319785/image/large-4bb2a8fa9dff74386dd0cf81c8991888.jpg" data-gid="gid://syiq/Photo/319785">The scale and diversity of Newell’s fleet is unusual, even by superyacht standards. He counts the 78.5-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/10" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rocinante78.5m (257'7&quot;)Lürssen Yachts2008">Rocinante</a> as his first acquisition, the 72.15-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> yacht <a data-gid="gid://syiq/Yacht/5955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Game Changer72.15m (236'9&quot;)Damen Yachting2017">Game Changer</a> as a support vessel, and both <a data-gid="gid://syiq/Yacht/4018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Draak91.5m (300'2&quot;)Oceanco2014">Draak</a> and the new-build 111-metre superyacht <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> by <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> as those included under his ownership. Beyond the traditional yachts, however, lies an array of research platforms, including the 68.2-metre <a data-gid="gid://syiq/Company/3754" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tacoma Boat Building Co (Company)">Tacoma Boat Building</a> vessel <a data-gid="gid://syiq/Yacht/10637" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dagon68.28m (224'0&quot;)Tacoma Boat Building Co1985">Dagon</a> which operates as a full-ocean-depth surface platform and the 55.75-metre <a data-gid="gid://syiq/Company/1643" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Auroux (Company)">Auroux</a> vessel <a data-gid="gid://syiq/Yacht/2832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hydra55.75m (182'11&quot;)Auroux1974">Hydra</a> which is designed for coastal studies.&nbsp;He also has a 35-metre sportfisher in development at <a data-gid="gid://syiq/Company/474" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Developments (Company)">Yachting Developments</a>, that will travel with the main boat and the support boat, and has signed an agreement with <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> for the 100-metre <a data-gid="gid://syiq/Yacht/15856" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV6000100.0m (328'1&quot;)Vard Group AS2028">RV6000</a>, which will carry a 6,000-metre-capable remotely operated vehicle for submarine rescue and ocean science, and the research vessel <a data-gid="gid://syiq/Yacht/17142" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RV11000162.0m (531'6&quot;)Vard Group AS2030">RV11000</a>, which is still in development.&nbsp;While the fleet is diverse, the vision is consistent that yachts are not just used as platforms for leisure, but as tools for exploration and science. Through Inkfish, his marine research organisation, Newell supports scientists with access to deep-sea technology, from advanced ROVs to mapping equipment. “Our focus is to be a service organisation to the scientific community,” he explained. “We ask scientists directly, what’s helpful? Sometimes that means getting them to critical parts of the ocean. Sometimes it means grants to process the data we collect. The point is to be led by science, not by ego.”<img src="https://photo-assets.superyachttimes.com/photo/367974/image/large-ea8d38f7ced1d8b2d5c392d963d93997.jpg" data-gid="gid://syiq/Photo/367974">At one point during the call, he described how high-school students had boarded his research vessels, watching specimens being prepared, and later wrote to ask when the boats would return. He smiled as he recounted their excitement: “That’s the impact I want to see. When the community says, ‘You’re coming back? Hooray!’ then we know we’re doing it right.”If his research ambitions are ambitious, his philosophy as a yacht owner is just as striking. Newell has imported the mindset of a software engineer into yacht design, thinking in terms of productivity and user experience.On <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a>, for instance, the deck is not teak but <a data-gid="gid://syiq/Company/7672" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bolidt (Company)">Bolidt</a>. “I’d rather the crew spend less time polishing decks and more time interacting with guests,” he said. “It’s about maximising the valuable experiences onboard. Do you want your crew polishing chrome, or taking your child out on a Jet Ski? To me, it’s obvious.”That approach extends deeper, with crew actively designing tenders, galleys and operational spaces. “We started by asking our dive team to design their own tender. The results were so good that we realised, the more you involve the crew in design, the better the outcomes.” On screen, he gave a small shrug as if to say the idea was obvious, though it represents a radical departure from how most yachts are conceived.Few yacht owners speak as comfortably about CNC machining, AI models or pressure vessels as they do about cruising grounds. For Newell, technology is not an accessory to his yachting, but the foundation of it. A self-taught machinist who once kept a five-axis CNC mill in his living room, he now funds advanced material research. <img src="https://photo-assets.superyachttimes.com/photo/367451/image/large-26f50ff0e23faff563f5ba25af0026b5.jpg" data-gid="gid://syiq/Photo/367451">One project in partnership explores aluminium oxynitride, a transparent ceramic stronger than titanium. “It’s so strong that titanium becomes the gasket material,” he said, eyes lighting up through the video link. The aim, to build a fully transparent, full-ocean-depth submersible hull.Newell was also an early funder of OpenAI, and speaks enthusiastically about applying machine learning to shipbuilding. “Putting stress and strain gauges everywhere, collecting time-series data and comparing it to model predictions, that’s where AI can validate and improve design. It’s about putting shipbuilding in front of the wave of technological advancement.”Examples already in place include pathogen-detection systems onboard to identify influenza or RSV, and discussions around bridge systems that use augmented reality to detect submerged objects at night. “Machine vision is already better than humans in many cases,” he said. “It’s just about integrating it in a way that enhances safety.”<img src="https://photo-assets.superyachttimes.com/photo/372683/image/large-fde494e79d89a678a296d7074c300d04.png" data-gid="gid://syiq/Photo/372683">Gabe Newell acquired <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> in August 2025, stating he intends to support and reinforce its existing culture, which he views as effective, principled and forward-looking. The investment in <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> itself stemmed not from a cold business calculation, but from a sense of belonging. Building <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> with the yard’s CEO Marcel Onkenhout and his team created a natural partnership for Newell.“It didn’t feel adversarial. It felt like collaboration,” Newell explained. “I was fanboying all over Marcel and his team. The quality made me root for them. Eventually it was like, how can I be part of this team too?” The result was a formal stake in <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>, but with a philosophy that profit alone is not the driver. “The goal is to create happy customers. Profit is just the signal that you’re doing better than others. My focus is on how to make already brilliant yachts even more valuable to owners.”<img src="https://photo-assets.superyachttimes.com/photo/365665/image/large-908318675f42f6a91544e68f54985a77.png" data-gid="gid://syiq/Photo/365665">For Newell, the process of designing and building yachts has become as much a joy as the finished vessels themselves. “I’ll actually be sad when <a data-gid="gid://syiq/Yacht/10354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Leviathan111.0m (364'2&quot;)Oceanco2025">Leviathan</a> is delivered, because I’ve loved working with the team,” he admitted via the video link. Asked whether he will always be building yachts, he admitted that it's an ongoing conversation and that there will always be interesting opportunities to move technology forward in the industry, in ways that might be too risky to ask another owner to take on. “In those cases, we could look at a speculative project or something I’d build myself, which gives the yard more design freedom. But it depends on what the team at <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> wants to try.”It is a revealing answer. For an industry often shrouded in secrecy, Newell brings not only capital and innovation, but a refreshing openness. He jokes about his cats, shares anecdotes of his children, and speaks earnestly about wanting yachts to be seen as good actors in the communities they visit.Marcel, speaking towards the end of the call, agreed wholeheartedly. “What has always bothered me most in 30 years is the secrecy and gossip,” he reflected. “In the years ahead, we want to lead by example, and transparency will be part of that.”<img src="https://photo-assets.superyachttimes.com/photo/367971/image/large-02a0541df7b4d8e25e92bf73af030e34.jpg" data-gid="gid://syiq/Photo/367971">Gabe also noted that many of his peers in the American tech world “aren’t nearly as aware of yachts and yachting as a lot of people in Europe,” and that simply getting them onboard could be transformative. “It’s a little like shooting fish in a barrel,” he said with a grin. “There are so many people who would never think about yachts, but once they experience it, they’ll realise it has an important role to play in their lives.” For Newell, the challenge lies in making the sales process experiential, because simply getting potential owners onboard, he argued, is often enough to change perceptions entirely.As the call drew to a close, he turned the tables on the assembled journalists: “What do you want <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> to do?” It was a fitting end from a man whose career has been built on questioning assumptions, listening closely and then reimagining what is possible.

Gabe Newell: Life at sea and building the future with Oceanco

Gabe Newell speaks about his fleet, Oceanco investment and vision for yachting innovation.

From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco

When you think of European luxury yachting, Poland probably isn't the first country that comes to mind. But following a five day trip between shipyards, sailmakers and engineering labs across the Tricity region, it’s clear to me that perception is overdue for a shift. Once known primarily for its commercial shipbuilding and maritime manufacturing, the country is now steadily gaining ground as a serious player in the luxury and leisure yacht sectors.&nbsp;Hosted by the Polish Investment and Trade Agency (PAIH), I travelled from the historic port of Gdańsk to the industrial heart of Ostróda and the bustling docks of Gdynia to get a behind-the-scenes look at a country quietly positioning itself in the global yacht market.<img src="https://photo-assets.superyachttimes.com/photo/366862/image/large-5c008d5991b28db4b21aec5d72f19d8d.jpg" data-gid="gid://syiq/Photo/366862">A legacy built on heritageMy journey through Poland’s yachting industry began in Gdańsk, a city where shipbuilding is stitched into the very fabric of its identity. Once the largest port in the Polish–Lithuanian Commonwealth, Gdańsk thrived on trade routes that brought grain and timber down the Vistula River. At the centre of this historic trade route stands the Gdańsk Crane, first mentioned in 1367, which once hoisted masts onto ships and unloaded barrels of cargo. Today, it remains a symbol of the city’s longstanding maritime significance.Just a short walk from the crane, moored in the Motława River, is the SS Sołdek, the first seagoing ship built in Poland after World War II. Now part of the National Maritime Museum, this steel-hulled coal and ore freighter marks the rebirth of Polish shipbuilding during the country’s post-war industrial recovery. <img src="https://photo-assets.superyachttimes.com/photo/366859/image/large-6529753995d289ab9373a345bdc69d1b.jpg" data-gid="gid://syiq/Photo/366859">But Gdańsk's legacy isn’t built on engineering alone. In the 1980s, the Gdańsk Shipyard became the cradle of the Solidarity movement, a peaceful uprising sparked by shipyard workers demanding fair wages and basic rights. Led by electrician-turned-activist Lech Wałęsa, Solidarity grew from a local strike into a national movement that would shake the foundations of the Eastern Bloc. The cost was high, lives were lost and many protesters faced imprisonment. But its impact was profound, setting off a chain of events that helped bring down communist regimes across Central and Eastern Europe and contributing to the fall of the Berlin Wall.Today, the spirit of Solidarity still lingers on the waterfront, with many of the same buildings that once launched freighters and naval vessels, now home to superyacht builders, catamaran innovators and composite specialists. Proof that Polish shipbuilding, like its history, is built to endure and adapt.<img src="https://photo-assets.superyachttimes.com/photo/366864/image/large-5d2f8bd5103525e9cd578a1aaee7c0a4.jpg" data-gid="gid://syiq/Photo/366864">The shipyards of todayAt <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad Shipyard</a> that transformation is already well underway. With its roots in commercial construction and a location at the heart of the Gdańsk waterfront, the yard has established itself as a builder of bespoke superyachts. Its attention to detail and capacity for custom builds make it a standout performer in Poland.“We see <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> as a boutique shipyard,” explained Chairman and CEO Mikołaj Król. "We’re not just about volume, we’re about relationships. Every project is highly personalised and our aim is always to deliver the highest quality yacht we possibly can.”<img src="https://photo-assets.superyachttimes.com/photo/278836/image/large-88348ea6a1463341d01e4e0f1900a592.jpg" data-gid="gid://syiq/Photo/278836">The shipyard was established in 2003 by Marine Projects as a division for superyachts, with the first yacht produced under this division, the 26.82-metre Escape S (now <a data-gid="gid://syiq/Yacht/8855" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Driven26.82m (87'12&quot;)Conrad Yachts2005">Driven</a>), delivered in 2005. <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> currently has two superyachts in-build at the shipyard, consisting of the third 44.27-metre Conrad C144S motor yacht <a data-gid="gid://syiq/Yacht/12110" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Miss Leen44.27m (145'3&quot;)Conrad Yachts2025">Project Moonlight</a> and the 41.8-metre Conrad <a data-gid="gid://syiq/Yacht/12403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Coone 14041.8m (137'2&quot;)Conrad Yachts2027">C-140</a> sailing yacht, with delivery dates of 2025 and 2027 respectively.<img src="https://photo-assets.superyachttimes.com/photo/366863/image/large-ba8bec1e3f682c01b6f760b68549b6b6.jpg" data-gid="gid://syiq/Photo/366863">Following the launch of the first hull, <a data-gid="gid://syiq/Yacht/9149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ACE44.27m (145'3&quot;)Conrad Yachts2023">ACE</a> in 2022, the award-winning C144S model really put <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> on the map. Establishing them as a key player in the industry, it has allowed them to develop their facilities further, with two sheds accommodating yachts of up to 60 metres each.&nbsp;“Sometimes, dreams really do come true. Twenty years ago, we were looking up at the stars, wondering if we could ever match some of the other established names in the industry. Now, we’re building 42-metre sailing yachts. That really says something!” added Król.Watch: <a data-gid="gid://syiq/Article/60576" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Video: Conrad Shipyard - The Polish yard that is shaking up the industry (2024-05-28 15:00:00 +0200)">Conrad Shipyard - The Polish yard that is shaking up the industry</a><img src="https://photo-assets.superyachttimes.com/photo/366857/image/large-7ea23387c38fa895bef2f0f429e8f981.jpg" data-gid="gid://syiq/Photo/366857">Meanwhile, in the nearby Przeróbka district, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> is redefining the multihull market. Known for its large, luxury catamarans, the yard is expanding both physically and creatively. Its in-house research into solar integration and eco-conscious propulsion is pushing boundaries, while its in-demand portfolio is helping to put Poland firmly on the global yachting map.“In the beginning, customers weren’t convinced that Poland could produce luxury goods and that included Polish customers too,” explained CEO Francis Lapp. “We had to change that perception through results.”<img src="https://photo-assets.superyachttimes.com/photo/366865/image/large-d9b63cbd5915a2a18a043d77990f44da.jpg" data-gid="gid://syiq/Photo/366865"><a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a> currently has several yachts in-build at its facility in Gdansk, with an extensive tour around the yard revealing a diverse and dynamic production line that includes sailing and power catamarans ranging from 24 to 42 metres. Among the highlights were multiple units of the new Ultima 88 series, with the first due to launch in late 2025, as well as several 30 metre sail and power models in various stages of construction.“Gaining trust doesn’t happen overnight. You need to prove yourself by building ten, twenty, even a hundred yachts before people really believe in what you do. But over time, people saw that even though we were building in Poland, the quality was there,” added Lapp.<img src="https://photo-assets.superyachttimes.com/photo/366866/image/large-e065fabba23dfb9d15f70c3455a5ef6a.jpg" data-gid="gid://syiq/Photo/366866">Over the past two decades, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>’s trajectory has done more than shape a brand, it has helped shift international perceptions of Polish shipbuilding itself. By exporting high-end catamarans to owners around the world, Lapp has positioned Poland not only as a competitive manufacturing base, but as a country capable of delivering innovation, craftsmanship and luxury.As Artur Połoczański, <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a>’s Public Relations Director reflected, “Francis didn’t just build yachts, he helped promote the entire country.”Read: <a data-gid="gid://syiq/Article/63207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Charting a bold course: How Sunreef Yachts is shaping the future of luxury multihulls (2025-05-20 11:15:00 +0200)">Charting a bold course: How Sunreef Yachts is shaping the future of luxury multihulls</a><img src="https://photo-assets.superyachttimes.com/photo/367496/image/large-520650af0fa844ee8385b500cae8ebfe.jpg" data-gid="gid://syiq/Photo/367496">Elsewhere in Gdańsk, I visited one of Poland’s most established sailmakers, Sail Service, to see firsthand how sails are designed, cut and assembled. Founded in 1987, the company continues the traditions of the J. Conrad sail-loft and supplies sails to tall ships, expedition yachts and racing craft in over 20 countries.Sail Service also specialises in protective covers and is the exclusive Polish distributor of brands such as Ronstan, Andersen and Flexiteek. Their blend of traditional craftsmanship and high-tech production makes them a trusted partner to individual clients, charter fleets and series yacht builders alike, further reinforcing Poland’s reputation for quality marine manufacturing.<img src="https://photo-assets.superyachttimes.com/photo/367495/image/large-85e7cbfd68e5c3757184cfffeba10274.jpg" data-gid="gid://syiq/Photo/367495">“We’re proud to be part of a tradition that proves Poland can deliver both precision and performance, not just in sails, but across the entire yachting supply chain,” concluded Paweł Roslen, Manager of Sales.The following day began with an early drive through the Polish countryside to Ostróda to Model-Art, where I toured their expansive production halls and witnessed several projects in various stages of construction. Founded in 1998, Model-Art has grown into one of Poland’s most advanced composite boat builders, operating across three production sites.&nbsp;The company builds leisure motor boats ranging from six to over 12 metres in length, serving major international clients such as <a data-gid="gid://syiq/Company/5844" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nimbus (Company)">Nimbus</a>, Parker, <a data-gid="gid://syiq/Company/4188" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Windy Boats (Company)">Windy</a>, Askeladden and <a data-gid="gid://syiq/Company/5873" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Antonio Yachts (Company)">De Antonio Yachts</a>. Boats from the Ostróda facility have been recognised at major shows including the <a data-gid="gid://syiq/Company/4556" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival (Company)">Cannes Yachting Festival</a>, boot Düsseldorf and the Fort Lauderdale International Boat Show.Model-Art also maintains close ties with the Gdańsk University of Technology and a local high school in Ostróda, supporting education through hands-on training, internships and collaboration on real-world projects. <img src="https://photo-assets.superyachttimes.com/photo/367514/image/large-25684ff68698c9f1de8a6c82fb162824.jpg" data-gid="gid://syiq/Photo/367514">Education is key for expansionIf Poland is to continue its trajectory in the yachting sector, it will be thanks to the pipeline of talent emerging from its technical schools and universities, a fact recognised across every yard we visited. Institutions like the Gdańsk University of Technology, whose Faculty of Mechanical Engineering and Ship Technology is producing the next generation of naval architects, marine engineers and composite specialists; are a central pillar in Poland's ability to deliver high-spec projects and support innovation in design and production.The Faculty of Mechanical Engineering and Ship Technology is equipped with advanced labs for materials testing, CAD/CAM simulation and hydrodynamic research. Students and researchers benefit from access to full-scale prototyping tools, workshops and partnerships with shipyards, giving them practical experience that directly translates to industry impact.The technical training and close links between academia and industry have helped Polish builders remain competitive internationally, offering an appealing balance of cost, quality and engineering credibility.<img src="https://photo-assets.superyachttimes.com/photo/367522/image/large-93f2d3c6d51a9644cae5d15a8dec1c01.jpg" data-gid="gid://syiq/Photo/367522">POLBOAT Yachting Festival But technical capability is only part of the picture. Industry visibility both domestically and abroad is crucial to Poland’s continued emergence as a force in yacht building. That’s where the POLBOAT Yachting Festival comes in.Now in its sixth year, the festival has grown into the country’s most prominent in-water yacht show, held annually at Marina Yacht Park in Gdynia. This year’s edition showcased over 120 vessels, surpassing last year’s record and included 25 national and international premieres.During the opening ceremony, industry leaders, local officials and international guests gathered in solidarity, reflecting on both the challenges and the resilience of Poland’s marine sector. “Thank you for being here, even though these are difficult times,” said the event’s organiser in his welcome address. “I saw all of you arriving and I felt that we will get through these challenges because we’re together. That’s our strength, that’s the strength of the Polish yachting industry.”<img src="https://photo-assets.superyachttimes.com/photo/367521/image/large-0a8e83a731c6a772e1a11d46e14e39d3.jpg" data-gid="gid://syiq/Photo/367521">Among the many Polish brands exhibiting at the festival, Parker Poland and N’Fun Yachting offered us the chance to get out on the water and experience their models firsthand. During sea trials along the Gdynia waterfront, both companies demonstrated the strengths of their build quality and design philosophy. Parker showcased their robust, family-friendly powerboats and N’Fun offered a nimble sailing experience onboard their sporty, N Fun 30 yacht.But it was Gdynia’s mayor, Aleksandra Kosiorek, that summed up the festival perfectly, “This event is not only a celebration of technology, it is also a celebration of innovation, inspiration and connection. We’re proud that Gdynia can host this showcase of Polish talent and craftsmanship.”<img src="https://photo-assets.superyachttimes.com/photo/366860/image/large-a6966772b2a18b184f1ad5341a115888.jpg" data-gid="gid://syiq/Photo/366860">The future of Polish yacht buildingFrom world-class catamarans built in Gdańsk to recreational motor boats in Ostróda, Poland is home to a quiet ecosystem of highly skilled shipyards, engineers and craftsmen who are increasingly stepping onto the international stage. With strong educational institutions like the Gdańsk University of Technology fuelling a skilled workforce, and shipyards such as <a data-gid="gid://syiq/Company/2229" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Conrad Yachts (Company)">Conrad</a> and <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> delivering high-specification builds to global clients; Poland is assembling the key ingredients for long-term relevance in European yacht building.&nbsp;The transition from industrial production to high-end yacht construction is not simply a business pivot, it is a cultural and generational evolution rooted in strength, purpose and pride. As one executive put it during the tour, "Poland doesn’t need to reinvent itself, it just needs to be seen." In that respect, Poland may not only be on the rise, it may already be poles ahead.

Poland: The rise of the country as a yachting powerhouse

Sophie Spicknell explores how Poland is becoming a powerhouse in the world of yachting, through its rich maritime history. 

Made in Poland: The country quietly positioning itself as a yachting powerhouse

“I constantly evaluated our production standards in Croatia and have recognised opportunities for real improvement. There's a common perception that Italian and German craftsmanship are the benchmarks, so we're motivated by the question: how can we elevate our standards and excel beyond expectations here in Croatia?” remarked Antonio Ivanisevic, co-founder and CEO of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>, during a meeting at this year’s <a data-gid="gid://syiq/Event/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2024">Monaco Yacht Show</a>.<img src="https://photo-assets.superyachttimes.com/photo/336087/image/large-ee474d3df29dc74a3870a4c760d78a38.jpeg" data-gid="gid://syiq/Photo/336087">Based in the vibrant Port of Krilo in Jesenice, Croatia, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> has carved out a niche in building large sailing yachts. Since its inception, the shipyard has launched three sailing superyachts: the 48.24-metre <a data-gid="gid://syiq/Yacht/12541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Clase Azul48.24m (158'3&quot;)Tramontana Yachts2022">Clase Azul</a> in 2022, the 52.3-metre <a data-gid="gid://syiq/Yacht/12688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scorpios52.3m (171'7&quot;)Tramontana Yachts2023">Scorpios</a> in 2023, and the 53-metre <a data-gid="gid://syiq/Yacht/13240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reposado53.0m (173'11&quot;)Tramontana Yachts2024">Reposado</a> this year. <a href="http://superyachttimes.com" rel="noopener noreferrer" target="_blank" title="">Superyacht Times</a> Features Writer Enrico Chhibber met with Ivanisevic to discuss the origins of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>, the trends in the Croatian yachting market, and the company's future plans.<img src="https://photo-assets.superyachttimes.com/photo/249302/image/large-2995788e3ec8e52199abb970538690d1.jpeg" data-gid="gid://syiq/Photo/249302">Deep Croatian roots&nbsp;On the origins of the name <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>, Ivanisevic elucidated that it is a blend of Slavic and Italian, reflecting the family's heritage and symbolising a wind that comes from the mountains. He added, “Krilio is renowned for its very pleasant winds.”Delving into his background, Ivanisevic shared that he was born in Melbourne, Australia, as his family sought refuge from the war in Croatia in 1991. His mother is Italian and his father Croatian. “We moved back when I was young, in the early 2000s, and I grew up in Krilo, a small coastal town on the Dalmatian coast,” he remarked. From a young age, Ivanisevic felt a profound connection to the sea and his Croatian heritage, noting his family's 13-generation lineage from the Split region on his father’s side. “Having worked as a barman on boats and later as a cruise manager, I’ve always been passionate about the sea and serving people,” he explained.<img src="https://photo-assets.superyachttimes.com/photo/336088/image/large-f86ca04024d9b798a74c86f0023f7d15.jpeg" data-gid="gid://syiq/Photo/336088">The founding of&nbsp;<a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yacht</a>sWhen asked about his inspirations for founding <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>, Ivanisevic cited a significant historical figure in his family. “One of my biggest inspirations was my father’s great-uncle, Don Frane, a senator and a priest three generations ago,” he explained. Don Frane was deeply involved in the export-import business, trading wine and oil with Italy using boats that were simply equipped, with just a captain’s cabin. Ivanisevic continued, “He was a visionary, investing heavily in people’s education – a rarity at the time – &nbsp;and developing financial institutions like a treasury bank, to promote regional development.” Don Frane also contributed to the infrastructure of their hometown, developing the port area in Krilo, which is now being transformed into a marina by the Croatian government.Today, the port in Kirilo is home to around 60 houses and accommodates approximately 300 boats, including many large yachts. He noted, however, that many of these 'yachts' are actually mini-cruise ships and day boats, built in Croatia and owned by Croatians. Discussing the motivation behind founding <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>, Ivanisevic explained it stemmed from the contradiction he saw between subpar finishing on Croatian day boats, and the international acclaim for Croatian craftsmanship. “We often hear from other shipyards, especially in the Netherlands, that Croatian welders are among the best,” Ivanisevic commented. “This led me to question, why can’t we do it ourselves, and do it better right here in Croatia?"<img src="https://photo-assets.superyachttimes.com/photo/336089/image/large-04fd569dfe074819ac77a967ed4b52fd.jpeg" data-gid="gid://syiq/Photo/336089">Building the businessIvanisevic elaborated on his entry into the yacht chartering business, managing bookings personally and encountering numerous remarkable individuals along the way. “These experiences have highlighted the significant, yet often underestimated, role of tourism in our country. We are, in essence, ambassadors of our nation. So why should we settle for mediocrity when we can strive for excellence?” he reflected. Admittedly, he acknowledged, creating a yacht brand was an ambitious venture, but a vision he passionately pursued.As Ivanisevic progressed to the next step of securing financing, he shared his unique approach with potential investors. Insisting on a personal connection before finalising any deals, he even arranged for the investors to meet his family, an introduction that culminated in a barbecue at his mother’s house. After successfully securing the funding, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a> acquired a yacht hull during the COVID-19 pandemic, which became <a data-gid="gid://syiq/Yacht/12541" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Clase Azul48.24m (158'3&quot;)Tramontana Yachts2022">Clase Azul</a>. This initiative was soon followed by the construction and launches of <a data-gid="gid://syiq/Yacht/12688" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scorpios52.3m (171'7&quot;)Tramontana Yachts2023">Scorpios</a> and <a data-gid="gid://syiq/Yacht/13240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Reposado53.0m (173'11&quot;)Tramontana Yachts2024">Reposado</a>.<img src="https://photo-assets.superyachttimes.com/photo/307841/image/large-3f3cff2b1a812a243903373ce5b5c03b.jpg" data-gid="gid://syiq/Photo/307841">Construction capacity<a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>’s construction capacity is of two new-builds per year, for projects of up to 70-metres in length, as detailed by Ivanisevic. “All processes are managed in-house, with each project initiated six months apart,” he stated. The decision to cap yacht sizes at 70-metres is strategic as “the size is the maximum our team feels comfortable managing, allowing us to maintain quality without significant risk,” he noted.Initially, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> chose to focus exclusively on sailing yachts. Reasons for this cited by Ivanisevic &nbsp;included the fact that: “Producing sailing yachts uniquely positions our brand in the Croatian market, where we are the sole shipyard pursuing this niche.” He added that, “this strategic approach not only enhances the distinctiveness of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> but also avoids mimicking existing designs.” The production rate set at one 50-metre vessel every 12 months was designed to make a significant impact quickly. Each yacht is crafted with comfort as a priority, primarily targeting the charter market.” This focus has yielded success, despite sailing yachts traditionally having a narrower appeal, emphasising pleasure over performance, shared the founder.In terms of clientele, <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a> serves a global market, predominantly attracting customers from North America, the UK, and Europe, with a growing presence in other regions. When it comes to the design of the yachts, Ivanisevic, along with his brothers, prioritises the guest's perspective. “First, we build for the client's needs, then we construct everything else around that,” he detailed. A notable highlight is the ample space and the toy garage, designed to enhance client satisfaction. “After establishing these key elements, we ensure that everything else follows suit,” he added.<img src="https://photo-assets.superyachttimes.com/photo/284799/image/large-6aea6d7d4a95a56298c6436d0861a805.jpeg" data-gid="gid://syiq/Photo/284799">Croatian market&nbsp;Croatia has increasingly become an attractive destination for yacht charters. Ivanisevic attributes this to several factors: Croatia's progress, its recent entry into the Schengen Area, the growing recognition of the country's beauty, its reputation as a safe destination, and the development of more marina infrastructure.Croatia has traditionally not been associated with new-build superyachts. However, Ivanisevic believes it can position itself as an appealing new player in the market. He explained, “While Dutch and German craftsmanship are renowned for their high quality, they come at a high cost. Turkish construction costs are also on the rise, and Italy, despite being a major yacht building hub, has also seen an increase in prices. In contrast, costs in Croatia are generally lower than in Italy and Turkey, making it an increasingly attractive option for potential buyers.”<img src="https://photo-assets.superyachttimes.com/photo/318724/image/large-3d3f1624fac652f547408a80edf788e0.jpg" data-gid="gid://syiq/Photo/318724"><img src="https://photo-assets.superyachttimes.com/photo/318760/image/large-ce9ef116c84748f7b71511d23f09acde.png" data-gid="gid://syiq/Photo/318760">Future plans and developmentsIvanisevic shared insights into the ambitious future plans for <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana Yachts</a>. He revealed that the company is in the process of acquiring a significantly larger yard to expand their facilities. “Our focus will shift more towards new-builds, including series-built sailing yachts and motor yachts. We are also exploring the potential of opening a refit division,” he stated. The decision to expand into motor yachts is driven by increasing brand awareness and demand. Ivanisevic is confident about the brand's association with Croatia, emphasising, “When people think of <a data-gid="gid://syiq/Company/7351" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tramontana Yachts (Company)">Tramontana</a>, they think of quality, safety, and the best of Croatia. We aim to represent our country in the finest way possible.”<img src="https://photo-assets.superyachttimes.com/photo/318736/image/large-865bf4ae03f206b90245d9730bc64bc1.png" data-gid="gid://syiq/Photo/318736">

Antonio Ivanisevic on founding Tramontana Yachts

Discover how Tramontana Yachts elevates Croatian craftsmanship. CEO Antonio Ivansevic shares their journey, recent launches, and future plans.

Pleasant winds: Antonio Ivanisevic on founding Tramontana Yachts

When considering Spain, attention often centres on its well-established cruising destinations, refit facilities, and marina infrastructure, rather than on yacht design. Yet, standing apart from this, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna</a>, founder of the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a> in Barcelona since 1984, has emerged as a key figure in the Spanish yacht design landscape, with expertise spanning both exterior and interior design.Originally from Argentina, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> moved to Spain in 1976. His portfolio showcases a diverse range of yachts. These include the 65.2-metre Phinisi sailing yacht <a data-gid="gid://syiq/Yacht/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lamima65.2m (213'11&quot;)C.V. Mutiara Murni2014">Lamima</a>, the 59-metre <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> 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>, the 28.8-metre <a data-gid="gid://syiq/Company/978" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monty North (Company)">Monty North</a> sailing yacht <a data-gid="gid://syiq/Yacht/7380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Free At Last 28.8m (94'6&quot;)Monty North2000">Free At Last</a>, and the 25-metre <a data-gid="gid://syiq/Company/5473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moreno Pujal (Company)">Moreno Pujal</a> sailing yacht <a data-gid="gid://syiq/Yacht/3457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blalumar25.0m (82'0&quot;)Moreno Pujal2000">Blalumar</a>. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>'s work also extends beyond pleasure craft to include the design of commercial vessels.<img src="https://photo-assets.superyachttimes.com/photo/332613/image/large-9d1733fb10c8e9b8336a013e1e6bdd99.jpg" data-gid="gid://syiq/Photo/332613"><a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> is extensively involved in the latest <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a> new-build, a 37.5-metre <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">CdP</a> Custom explorer yacht, where he is responsible for both the exterior and interior design as well as the naval architecture. The discussion explored his entry into the yachting industry, his collaboration with <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, the diverse yachts he has designed, and the future plans for his design house.Entrance to the yachting industryBorn in Argentina, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> has had a passion for racing sailing yachts since his childhood. With a background in civil engineering, he moved to Barcelona, in Spain, where he worked in architecture for a year. “At that time in Barcelona, there was only one school, a sailing school here in Barcelona, and they asked me to be a partner. So I left architecture and started to sail. The sailing school operated from May to October, and during the winter, we would assist shipyards or transport vessels and yachts,” recounted <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>.&nbsp;&nbsp;He described his entry into yacht design as accidental, beginning with a desire to design a boat for himself. "By chance, I found a mould of a hull behind an old sailing school building. I asked around, ‘What is this?’ They told me it belonged to a businessman, so I asked, ‘Do you have his contact details?’ They gave me a phone number. It turned out to be a very nice racing 46 foot sailing boat designed by <a data-gid="gid://syiq/Company/171" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="German Frers (Company)">Germán Frers</a>,” he added.Continuing the story, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> clarified that he initially tried to buy the hull to build a boat for himself. “At that time, I was collaborating with a shipyard, and I met the owner at the yacht club here in Barcelona," he recalled. "He saw me drawing a new interior design on an A4 leaflet and asked what I was doing. I told him that I found this hull and was trying to buy it to make myself a nice racing sailing boat.”The owner then asked <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> to design a similar boat for him, and <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> agreed, noting: "We didn't discuss time or money; that was really the extent of our conversation." He continued, stating: "three months later, I called him and presented the design for a 47-footer. He liked it and said, alright, I will build it.’ That was how it all began, just as simple as that.”After establishing his eponymous label, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> transitioned from designing small racing sailing yachts to creating both sailing and motor superyachts. He described this shift as a “natural evolution,” driven by customer demand for larger sailing yachts and motor yachts.<a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a>To <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>, the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a> can be characterised as a "one-stop studio," involved in every aspect of yacht design, from exterior styling and structural work to interior design." He credits his multifaceted approach to his background as a civil architect. <img src="https://photo-assets.superyachttimes.com/photo/272616/image/large-4d02988bb40a3093e5f7d97d21b314f0.jpg" data-gid="gid://syiq/Photo/272616">Other services provided by the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a> in the superyacht sector include refit consultancy and the supply of technical equipment for charter yachts, such as water toys, bed linen, and crockery. "We have worked with several yachts, including the 72-metre <a data-gid="gid://syiq/Company/928" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dunya Yachts (Company)">Dunya</a> superyacht <a data-gid="gid://syiq/Yacht/2390" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Axioma72.0m (236'3&quot;)Dunya Yachts2013">Axioma</a>," <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> outlined "We design and create new spaces for customers onboard and have completed numerous refits, from staterooms to other areas. For example, we have added features to helipads and redesigned gyms."The <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a>'s services also extend to commercial vessels, encompassing various types, including ferries, passenger vessels, and cargo ships. The company is also active in the car racing sector, collaborating with a supply chain company that builds batteries for the Formula E Extreme series, an international off-road racing competition featuring electric SUVs that race in remote locations around the world, such as the Arctic.<img src="https://photo-assets.superyachttimes.com/photo/272602/image/large-ff67cb960f942fa177d50a4dfcac625f.jpg" data-gid="gid://syiq/Photo/272602">Penna also highlighted that the group is a family firm. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>'s wife contributes to the styling, while both his son and daughter are also actively involved in the business. "My son works both at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> and with us (...) and my daughter, who recently completed her studies in interior architecture in Paris, has been working with the firm for the past seven years. The whole family is involved in the <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Marcelo Penna Group</a>," he emphasised. Today, the firm has a global presence, with additional bases in Monaco and in Houston, Texas.<img src="https://photo-assets.superyachttimes.com/photo/272619/image/large-4727695bf79e0f1eb03d73fae79e421c.jpg" data-gid="gid://syiq/Photo/272619">Key projectsThe largest yacht he has designed, for which he oversaw both the exterior design as well as naval architecture, is the 65.2-metre Phinisi yacht <a data-gid="gid://syiq/Yacht/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lamima65.2m (213'11&quot;)C.V. Mutiara Murni2014">Lamima</a>, delivered in 2014. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> explained that he first became involved in the project and began working with Phinisi yachts after being &nbsp;introduced to the client by a captain he knew from an <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> 47 superyacht. "The client proposed that I design and build a Phinisi," he said. "But they wanted the largest and safest Phinisi ever built. We became the first to classify a Phinisi with <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a>; it was the largest of its kind at that time, constructed entirely of wood."<img src="https://photo-assets.superyachttimes.com/photo/227423/image/large-ba211dd267d2ded2385225c4a16658a0.jpeg" data-gid="gid://syiq/Photo/227423"><a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a>’s current main yacht project is a custom 37.5-metre explorer yacht by <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>. He revealed that the project originated through a network of brokers from Nice who introduced him to a client."The client had very specific requirements and was looking for something unique. We initially began our search in northern Spain, but then it expanded to Italy, leveraging contacts there. Eventually, we reached <a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa</a>, where we closed the deal.”<img src="https://photo-assets.superyachttimes.com/photo/320474/image/large-1ea029972a837c0745b0bd82df929491.jpg" data-gid="gid://syiq/Photo/320474">Spanish design landscapePenna also shared insight into the state of the Spanish yachting industry, particularly in terms of construction and design, and why it has not developed as significantly as in other southern Mediterranean countries like Italy, France, and Turkey, despite being very present in the refit market for large superyachts. <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> noted that while the sector–especially the sailing and motor yacht segments–was growing, a significant cultural challenge existed in Spain.<img src="https://photo-assets.superyachttimes.com/photo/233768/image/large-7346fff05e0b4fd8140ee6fd46062ecb.jpeg" data-gid="gid://syiq/Photo/233768">“The problem,” <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> pointed, “is rooted in the history and political developments during the Franco era. Yachting was seen as an exclusive activity for the elite–a very closed group. No ordinary person could afford a yacht in Spain. This exclusivity, combined with a lack of state support for yacht construction, has hindered the industry's growth–a significant loss, given the substantial number of jobs that yacht construction can create."However, as <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> explained, "with French influence, the industry began to develop, and a few sailing yacht shipyards emerged, such as <a data-gid="gid://syiq/Company/747" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mefasa (Company)">Mefasa</a>, which built the 41.33-metre sailing yacht <a data-gid="gid://syiq/Yacht/2262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alejandra41.33m (135'7&quot;)Mefasa1993">Alejandra</a>. Another notable shipyard, <a data-gid="gid://syiq/Company/412" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Astondoa S.A. (Astilleros) (Company)">Astondoa</a>, specialises in motor yacht construction."<a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> attributed the lack of Spanish designers in the superyacht sector to a cultural perception that historically viewed yacht design as more of a frivolous occupation rather than a serious profession, unlike commercial vessel design. Despite these challenges, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> believes the direction of the yacht design landscape in Spain is on the right track, with many dedicated professionals now working to drive the industry forward. "It will, however, take time for these efforts to yield their full impact," he emphasised.<img src="https://photo-assets.superyachttimes.com/photo/233766/image/large-368a521574acf916a6065f8b8d50a50e.jpeg" data-gid="gid://syiq/Photo/233766">Expansion and sustainabilityRegarding future plans, <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> revealed that his company will be expanding its presence to Mexico and Istanbul. One of the latest ventures is The Wattio, a new initiative aimed at leveraging the company's extensive knowledge in both naval architecture and electric vehicle (EV) technology. "The idea behind The Wattio," <a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> shared, "is to provide an integrated solution to shipyards or customers combining all our expertise, from naval architecture and engineering, to electrical systems and propulsion."<a data-gid="gid://syiq/Company/1989" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marcelo Penna (Company)">Penna</a> underlined that the company is also focusing on implementing more sustainable solutions. "We are working with hybrid systems and exploring new fuels, such as ammonia, methanol, and hydrogen. In recent months, we have been testing hydrogen fuel cells here in Barcelona, including a hydrogen-powered truck currently operating in the city. Our aim is to apply these technologies not only to vehicles but also to boats."<a data-gid="gid://syiq/Company/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri di Pisa (Company)">Cantieri di Pisa (Company)</a>.<img src="https://photo-assets.superyachttimes.com/photo/322171/image/large-076cb3cc3e28a1fe3331269dc1adc6ef.jpg" data-gid="gid://syiq/Photo/322171">

Marcelo Penna: A spectrum of yacht designs and insights into the Spanish yacht design landscape

Marcelo Penna, founder of the Marcelo Penna Group in Barcelona since 1984, has emerged as a key figure in the Spanish yacht design landscape.

Marcelo Penna: Exploring his diverse yacht designs and insights into the Spanish yacht design landscape

Founded in the mid-2000s by three partners Peder Eidsgaard, Ewa Eidsgaard and Ben Harrison, <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a> has evolved into one of the foremost design studios in the superyacht industry. Having bought their own studio and completely redesigned the space during an 18 month renovation, the 16 strong design team is now spread across four open-plan floors, within a bright and contemporary building featuring industrial elements that embodies the collaborative and open source mentality of the team. <img src="https://photo-assets.superyachttimes.com/photo/314726/image/large-d1b41c33aa533907165816dd791caccf.jpg" data-gid="gid://syiq/Photo/314726">This year is full of milestones for the studio, with the launch or delivery of six superyachts between 80 and 45 metres and the development of its first semi-custom series projects with both <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> and <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. The studio is also finalising the dramatic two-year refit of the 72.2-metre <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta</a> superyacht <a data-gid="gid://syiq/Yacht/4814" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Albatross72.2m (236'11&quot;)Delta Marine2016">Albatross</a> at <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>, another exciting project that reflects the breadth of the firm's capabilities.&nbsp;We took a tour of their new studio this Spring and sat down with the founders, as well as Senior Design Director Richard Whitehouse, to find out more about how <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a> has developed over the past twenty years, to get an insight into the upcoming projects and to hear a bit more about the culture that sits at the heart of every project the studio creates.<img src="https://photo-assets.superyachttimes.com/photo/314729/image/large-2bfc1b544a3cbbfbc709b267440bd9d6.jpg" data-gid="gid://syiq/Photo/314729">Space to reflect ethosUnlike many of its contemporaries, the studio was formed as a collaboration from its very beginning, and as a result there is no one leader that represents all of its projects. With project management split between the four senior team members, the studio is nimble, able to take on a number of significant projects despite its small size in terms of employees. Peder explains, “When we founded the company we always intended to remain small because we believe that the hands-on approach of the senior designers is extremely important. That belief has remained and we are all very active, particularly in the early stages of the design process, which is vital for the development of all team members.”Ewa adds, “Over the years we have grown conservatively, and we are advocates for slow growth. We have worked hard to maintain the ethos of a small firm, and as a result we are very careful when it comes to selecting new team members because our passion is for younger team members to learn all the time from the senior designers.”<img src="https://photo-assets.superyachttimes.com/photo/314728/image/large-9b8715a217759f40312831080de5b769.jpg" data-gid="gid://syiq/Photo/314728">The design of the studio itself deeply reflects that ethos of collaboration, and though the building is split over four floors, an entirely open and interconnecting stairwell at the heart unites the two design floors in both proximity and sound. While the three founders are above sharing their space with the samples area, their airspace is intrinsically linked with the team on the floor below and as a result their creative discussions are shared with the entire team, allowing them to learn from each other. When discussing the new space with their clients, all shared the same desire to “see where the magic happens”, and to get an insight into the workings of the studio from its surroundings.<img src="https://photo-assets.superyachttimes.com/photo/314732/image/large-975307acebacff133b502924b39a8c19.jpg" data-gid="gid://syiq/Photo/314732">Interior DesignThe sample area is a perfect example of those inner workings. The space over with Ewa reigns is open plan with a series of large storage tables, each bursting with fabrics swatches, marble slabs and intricate wall samples, where material choices can be arranged and examined. Like the inner workings of a designer's mind, the team is able to pick over thousands of the world’s best samples and pull together their clients wishes – often with the client in collaboration, working alongside them at the studio to realise their ideas. <img src="https://photo-assets.superyachttimes.com/photo/306169/image/large-83e2dd0d9a1b94d7f768948b67ee85d3.jpg" data-gid="gid://syiq/Photo/306169">When asked to describe Ewa’s technique and style, Ben and Richard agreed that it is Ewa, who leads the interior team, that is bravest among them, “she is boldest and bravest, always researching, always seeking out the newest techniques, the most interesting materials to incorporate the fashions of the day and to push us into exciting territory.” Inquisitive and palpably excited by design and its ever changing trends, Ewa is passionate about contemporary design, a passion that all founders share.<img src="https://photo-assets.superyachttimes.com/photo/306171/image/large-721d0fe8afd7bad49091972345dae8eb.jpg" data-gid="gid://syiq/Photo/306171">During an interview with SYT in 2018, Ben Harrison commented that it was that very passion that united the founders in the first place. He adds, “We all share that love for modern contemporary design, but our work is not limited to that alone and our projects reflect our adaptability – which is a vital ability when it comes to custom superyacht design.” While the studio has created an array of interior projects, their fingerprints can be seen within a collective purity, spotlighting a limited selection of materials and creating focal points of design within each space.Representative of the studio’s principles, their touch can be seen within the designs of the new Xplorer 80 from <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>. Unveiled in March during the <a data-gid="gid://syiq/Event/220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2024">Palm Beach Boat Show</a>, the Xplorer 80 is a prime example of the studio’s interior work. Encapsulating the vessels intended use as a go anywhere explorer superyacht, the spaces are balanced between functionality and aesthetic design and the overall result is a serene and luxurious concept.<img src="https://photo-assets.superyachttimes.com/photo/104137/image/large-89e38f5e9a14871220366ade1dbe0c83.jpg" data-gid="gid://syiq/Photo/104137">Exterior&nbsp;While all design at the studio is a collaborative effort, Peder Eidsgaard leads the charge when it comes to exterior design. His creative flair can be quickly identified in the lines of both the studio’s larger projects, such as <a data-gid="gid://syiq/Yacht/6423" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CC-Summer95.0m (311'8&quot;)Lürssen Yachts2019">Madsummer</a> (now <a data-gid="gid://syiq/Yacht/6423" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CC-Summer95.0m (311'8&quot;)Lürssen Yachts2019">CC-Summer</a>), <a data-gid="gid://syiq/Yacht/2449" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango77.7m (254'11&quot;)Feadship2011">Tango</a> and <a data-gid="gid://syiq/Yacht/7129" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vanish71.5m (234'7&quot;)Feadship2021">Vanish</a>, right through to the smaller projects such as the new 50 Steel series from <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>, Grace.&nbsp;Championing traditional design skills, Peder emphasises the importance of working from paper and pen and his process is fluid, translating the wishes of the owner into 2D dimensions before they are developed in CAD. “Today there is a great focus on 3-dimensional drawings for superyacht projects, but I believe that sketching by hand is an integral part of the design process,” explains Peder Eidsgaard. “For the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> superyacht <a data-gid="gid://syiq/Yacht/7129" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vanish71.5m (234'7&quot;)Feadship2021">Vanish</a>, launched in 2021, the final yacht is almost identical to the sketch I created while sitting in the airport directly after meeting the client – it is that intuitive design process that we really pride ourselves on here at the studio.”<img src="https://photo-assets.superyachttimes.com/photo/314733/image/large-be77ee54f3d12dcda8df218c8465402e.jpg" data-gid="gid://syiq/Photo/314733">When asked to identify the key thematic elements within their work, both Ben and Peder responded that it is the sight-lines that they are extremely careful to preserve. “Good design is almost impossible to put your finger on,” adds Ben Harrison, “but when something isn't right, you feel it when you’re within the space.” A subtle balance that comes with experience and expertise, the details of elements such as door and bulwark heights, that impact the visibility from within and outside the vessel, are a preoccupation of the team.Recognising a yacht as a platform upon which an owner and their guests can live and experience life, and as a result the studio is deeply focused on the flow through the vessel and the feeling of being aboard. This all comes back to the value the team shares of creating a liveable design, with individual focal points within each space, so that the design embraces the guest rather than overwhelms them. <img src="https://photo-assets.superyachttimes.com/photo/306178/image/large-5eb233cb0e7bd4da7954bb58a9eb192d.jpg" data-gid="gid://syiq/Photo/306178">Semi-Custom CreationsWhile the studio is best known for its full-custom superyacht projects, such as the 74.5-metre <a data-gid="gid://syiq/Yacht/6403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M’Brace74.5m (244'5&quot;)Abeking & Rasmussen2018">Elandess</a> (now <a data-gid="gid://syiq/Yacht/6403" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="M’Brace74.5m (244'5&quot;)Abeking & Rasmussen2018">M'Brace</a>), 95-metre <a data-gid="gid://syiq/Yacht/6423" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CC-Summer95.0m (311'8&quot;)Lürssen Yachts2019">Madsummer</a> or the 77.7-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> <a data-gid="gid://syiq/Yacht/2449" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tango77.7m (254'11&quot;)Feadship2011">Tango</a>, the past year has seen an exciting development for the team, with the announcement of semi-custom superyacht projects with both <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> and <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>. Both Dutch shipyards are renowned for the success of their semi-custom series’, and the new 50 Steel series with <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> and the interior projects for the later <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> 60 series, mark a turning point for the studio, while also offering new potential within the remit of design.&nbsp;Though semi-custom is not entirely new for the team, they have been working on the exterior and interior of <a data-gid="gid://syiq/Company/5725" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Scout Boats (Company)">Scout Boats</a>’ new 67-foot flagship sportfisher, as well as previous projects with the Airbus 160, it has offered the studio an opportunity to experiment with a new level of creativity. Ewa adds, “it's a balancing act, on one side you are unlimited in terms of potential, but on the other you are looking to create a design that has a broad appeal and can easily be adapted in terms of styling, which is an exciting challenge for the entire team.”<img src="https://photo-assets.superyachttimes.com/photo/314735/image/large-4c22fa1e2997aa7f388030ef611bdd77.jpg" data-gid="gid://syiq/Photo/314735">An exciting moment for the studio in terms of the business itself, Ben Harrison in particular has been championing the semi-custom capabilities of the company to diversify the studio’s portfolio. Full-custom projects, and the studio has a number of large full custom yachts under construction at the moment, such as the the 79-metre <a data-gid="gid://syiq/Yacht/6438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Toro79.0m (259'2&quot;)Turquoise Yachts2024">Toro</a> at <a data-gid="gid://syiq/Company/224" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Turquoise Yachts (Company)">Turquoise</a>, tend to be incredibly private yachts.&nbsp;Now with more than 14 projects underway, we hope that we’ll be seeing even more of <a data-gid="gid://syiq/Company/168" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Harrison Eidsgaard (Company)">Harrison Eidsgaard</a>’s designs over the coming years, and make sure to keep your eyes peeled in the coming months for the launch of&nbsp;<a data-gid="gid://syiq/Yacht/6438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Toro79.0m (259'2&quot;)Turquoise Yachts2024">Toro</a>.

Harrison Eidsgaard yacht designers

Francesca Webster visits Harrison Eidsgaard’s new Richmond studio to hear about the evolution and future of the studio.

Harrison Eidsgaard on collaboration, the art of perspective and their new studio

how sustainable is teak decking

The search for wood alternatives that can
replicate the looks and performance of
old-growth teak is fully under way.

Tainted Teak: The yachting industry's shift to sustainable decking

The 55-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/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> sold in a deal with Splinter Fangman of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> introducing the buyer and Inigo Nicholson and Ben Doof from <a data-gid="gid://syiq/Company/5463" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Barnes Yachting (Company)">Barnes Yachting</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/282135/image/large-65e2b2793c6051ac9c92644893e20f30.jpg" data-gid="gid://syiq/Photo/282135">Launched in 2012 as part of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> Limited Edition 180 series, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> features 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 Design</a>, interior design penned by <a data-gid="gid://syiq/Company/88" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Laura Sessa (Company)">Studio Laura Sessa</a> and naval architecture by her Dutch builder, <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a>.&nbsp;Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> underwent a refit in 2019 at the <a data-gid="gid://syiq/Company/590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Thunderbolt Marine (Company)">Thunderbolt Marine</a> facility in Savannah, USA, leaving her in good condition for her new owner. <img src="https://photo-assets.superyachttimes.com/photo/282134/image/large-81f814c9c39be8e01070e163a0a1b394.jpeg" data-gid="gid://syiq/Photo/282134">Spanning 672 GT, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> can comfortably accommodate up to 10 guests across five staterooms, with her ensuite master suite situated on the main deck, alongside an office and walk-in wardrobe.&nbsp;Key features onboard <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> include a touch-and-go helipad for enhanced exploration, alongside an impressive beach club complete with a steam room, large swim platform and a spacious toy garage.<img src="https://photo-assets.superyachttimes.com/photo/282136/image/large-4dd19a9d2c148652f63bd7adb79b4da2.jpeg" data-gid="gid://syiq/Photo/282136">Her split-level sundeck is equipped with a shaded dining area, bar, barbeque and a Jacuzzi, while her upper deck lounge also functions as a piano bar and saloon. Powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> 16V 2000 M70 engines with 1,410 horsepower each, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> can reach a top speed of 15.5 knots and a cruising speed of 13 knots.At the time of her sale, <a data-gid="gid://syiq/Yacht/2802" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Step One55.0m (180'5&quot;)Amels2012">Step One</a> had a last known asking price of $31,900,000.&nbsp;

Step One: 55m Amels yacht sold

The 55-metre Amels superyacht Step One sold with a last known asking price of $31,900,000. 

55m Amels superyacht Step One sold

Leona Caanen sat down with Richard Hadida, long-time sailor, owner and chairman of&nbsp;<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a>, who is currently on a 16-month journey to circumnavigate the globe with fellow&nbsp;<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yacht</a>&nbsp;owners.&nbsp;Sailing around the San Blas islands off the coast of Panama is Richard Hadida, a life-long sailor and, since 2018 the owner of the UK-based <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a>. Joining Richard in the azure blue waters of Panama are another 23 <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> sailing yachts, preparing to cross the Panama Canal and head towards French Polynesia. The reason? The 2026-27 Oyster World Rally.<img src="https://photo-assets.superyachttimes.com/photo/378811/image/large-09e42b8e3770ce85e64a241b12171e1d.jpg" data-gid="gid://syiq/Photo/378811">The rally around the worldWhat started in 2013, has turned into a well-loved tradition for <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yacht</a> owners. Every two years, a group of owners set out to circumnavigate the globe together over the course of 16 months. The only requirement is owning an <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yacht</a>. When Richard took over ownership of the shipyard, the rally was well underway: “They were all in New Zealand and didn't know what was happening; they were nervous it was all going to be over.”<img src="https://photo-assets.superyachttimes.com/photo/393554/image/large-a46b63aab5a0e574b8b0b04078059147.png" data-gid="gid://syiq/Photo/393554">Almost immediately, Richard sent someone out there and said, “Look, you know, we've picked it up. We'll look after you guys. Don't worry. Everything's good.” He kept true to his promise, and, minus a pandemic-related hiccup, the rally has happened every other year. Richard notes that, throughout the past eight years “There's been lots and lots of ups along the way, but my highlight is this rally.”The route is the same each rally, starting in the Antigua harbour, heading south and through the Panama Canal before sailing towards French Polynesia, Australia and the Great Barrier Reef, followed by island hopping in Indonesia, around the Cape of Good Hope, before returning to the starting point. <img src="https://photo-assets.superyachttimes.com/photo/378813/image/large-f6e264dfd96b0c95a19266c04a03c9e9.jpg" data-gid="gid://syiq/Photo/378813">An important distinction is that the rally is not a race. Rather, it is a shared passage around the world that blends exploration with the reassurance of a structured support network. Richard emphasises that the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oysters</a> are well-cared for, “we fly out our best engineers and they fix all the little teething, little snagging issues. We know our own boats, right? We have the designs. We know every single detail.” It’s a sense of service that provides comfort for everyone involved, as well as those at home.<img src="https://photo-assets.superyachttimes.com/photo/393558/image/large-f6540711463b84f7c7f3daf1d2f48eb0.jpg" data-gid="gid://syiq/Photo/393558">Partaking in tradition“It’s always been in my mind's eye, partaking in the rally, as something I'd love to do.” Discussing the ideal timeline with his wife, they were considering either 2028 or 2030, “suddenly we were like, why wouldn't we do it now?” Richard shares, “it was like a revelation.” Thus began the preparations for the 2026 rally onboard his <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> 885, <a data-gid="gid://syiq/Yacht/6352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lush27.08m (88'10&quot;)Oyster Yachts2012">Lush</a>.<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a> are built for what Richard describes as ‘blue water’ capability: yachts designed for long distance ocean passage. Construction quality, redundancy in systems and a focus on safety all play a role in enabling owners to undertake global voyages with confidence. Richard’s yacht, <a data-gid="gid://syiq/Yacht/6352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lush27.08m (88'10&quot;)Oyster Yachts2012">Lush</a>, has crossed the Atlantic twenty times, “she’s twelve years old and she’s already circumnavigated once before. You feel the strength and the security when you’re sailing.”<img src="https://photo-assets.superyachttimes.com/photo/393555/image/large-0abb38e810c7944d433ff5b80a391cf3.jpeg" data-gid="gid://syiq/Photo/393555">Yet despite this capability and the trust in the build, each participating yacht and its crew need to undergo a certain level of training. Participants spend up to a year attending seminars and training sessions covering everything from offshore navigation to safety procedures. Survival courses, fire training and life raft drills form part of the preparation, ensuring that every sailor understands how to respond in an emergency.Additionally, weather routing specialists monitor conditions throughout the voyage, advising the fleet and each vessel carries satellite tracking equipment so that the rally organisers can follow the fleet’s progress in real time.<img src="https://photo-assets.superyachttimes.com/photo/396105/image/large-8b5d727cc491eebd0fb5df4f2d7b05e6.jpg" data-gid="gid://syiq/Photo/396105">Slow sailingCircumnavigation can be completed far faster than 16 months. The <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> World Rally intentionally chooses a slower rhythm. The aim is not simply to cross oceans but to absorb the places along the way. “There’s something about travelling slowly,” Richard notes. “You cover every mile and you feel the world changing around you. The temperature shifts, the time zones change, and you understand exactly where you are.”Weeks have been spent among the San Blas Islands, an archipelago of more than 300 islands, where instead of rushing onward, the fleet lingered for days, exploring remote anchorages and travelling inland to jungle waterfalls between sailing passages.The ability to enjoy such slow travel is thanks to certain luxuries the likes of Starlink, which keep Richard and fellow sailors connected to life back home. While the bulk of time is spent sailing and adventuring with his wife, sons and crew, there’s also the opportunity to take work calls. “It’s extraordinary,” Richard notes, “you can go on an adventure in the middle of the day, come back to the boat, and carry on with work.” True to his word, Richard ends our call to go crocodile-spotting with his youngest son.<img src="https://photo-assets.superyachttimes.com/photo/393556/image/large-6feb41da1249d7e2cef2c14e05ea49e7.jpg" data-gid="gid://syiq/Photo/393556">Travelling with purposeA newer dimension of the rally is the concept of regenerative tourism, an approach that encourages sailors to leave a positive impact on the destinations they visit. Unlike traditional sustainability initiatives that focus primarily on reducing harm, regenerative tourism seeks to actively improve the environments and communities encountered along the way.&nbsp;Activities range from environmental awareness projects to supporting local conservation initiatives. “It could be awareness, it could be picking up plastic, it could be supporting conservation,” Richard explains. “The idea is that we leave a place slightly better than we found it.”One upcoming stop highlights that ambition. In the Galápagos Islands, the fleet will host a series of discussions led by Sarah Darwin, the great-great-granddaughter of Charles Darwin, who is involved in ecological restoration projects in the archipelago. <img src="https://photo-assets.superyachttimes.com/photo/396091/image/large-94301c4c375b86a2cd7253c448878fd6.jpg" data-gid="gid://syiq/Photo/396091">A family voyagePerhaps the most striking element of Richard’s participation is that he gets to share it with his wife and youngest son, who are also onboard <a data-gid="gid://syiq/Yacht/6352" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lush27.08m (88'10&quot;)Oyster Yachts2012">Lush</a>. “My two older sons are now 21 or 19, but when they were like 10, I was watching them jump off the side, and now I've got my two-year-old growing up on the same boat; I love that.”“I’m not someone who likes disposable things,” he says. “This boat has memories in it. My children have grown up on board.” <img src="https://photo-assets.superyachttimes.com/photo/396104/image/large-e045835f24ba5410d34358ef61375d82.jpg" data-gid="gid://syiq/Photo/396104">A year of sailingHaving started the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> World Rally this January in Antigua, the sailors are, at time of writing, well underway towards the Galápagos islands and tend to be very happy there is still so much sailing to go.For many sailors, the end of the journey arrives with mixed emotions: some find it difficult to return to land after spending all this time out at sea. Richard understands the sentiment, “once you begin to experience the world at the pace of a sailing yacht, the idea of rushing through it again feels strangely unfamiliar. You realise the world is vast, and you’re seeing it properly.”&nbsp;The <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> World Rally may follow a charted route around the globe. Yet for those onboard, the real voyage lies in discovering how large, and yet how connected, that world can be. “There’s something magical about it,” Richard notes.<img src="https://photo-assets.superyachttimes.com/photo/393550/image/large-3d80ac007ca3f58263d6eac9af835c80.png" data-gid="gid://syiq/Photo/393550">

Richard Hadida Oyster World Rally 2026

Richard Hadida, long-time sailor and owner & chairman of Oyster Yachts joins the 2026 Oyster World Rally onboard 27m Lush.

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Richard Hadida: A 16-month circumnavigation onboard his 27m yacht Lush

The 23.64-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht&nbsp;<a data-gid="gid://syiq/Yacht/17147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ma Belle 23.64m (77'7&quot;)Azimut Yachts2022">Ma Belle</a> is currently for sale with Sotiris Konstantakis of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> and <a data-gid="gid://syiq/Company/5642" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Israel (Company)">Azimut Israel</a>.<img src="https://photo-assets.superyachttimes.com/photo/395602/image/large-3e59bda09a78b4870acd88f342f600d5.jpg" data-gid="gid://syiq/Photo/395602">Delivered in 2022 by the Italian shipyard, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> hails from <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>'s popular 78 Fly series. She features exterior design by <a data-gid="gid://syiq/Company/3025" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alberto Mancini Yacht Design (Company)">Alberto Mancini Yacht Design</a>, while her interiors were penned by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. Her naval architecture was developed in-house by <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>.<img src="https://photo-assets.superyachttimes.com/photo/396179/image/large-f9cd0b9f267bea5d05fdd41af6a24c93.jpeg" data-gid="gid://syiq/Photo/396179">Constructed with a GRP hull and superstructure, the flybridge <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> boasts sleek exterior lines and expansive glazing.<img src="https://photo-assets.superyachttimes.com/photo/396178/image/large-0c5302e736fece7e4200d53af7308293.jpeg" data-gid="gid://syiq/Photo/396178">Outside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> boasts generous deck spaces comprising a foredeck lounge with sunpads and lounge seating for guests to soak in the sun while enjoying the ocean views. Moreover, entertaining is centred around a flybridge with a hard top that is among the largest in her class, fitted with a wet bar, shaded dining areas, and an aft cockpit overlooking the water.<img src="https://photo-assets.superyachttimes.com/photo/396180/image/large-d9a173157849750dd7abddca70fc3b71.jpeg" data-gid="gid://syiq/Photo/396180">Inside, 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> boasts a <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a> contemporary interior, characterised by light oak finishes, neutral furnishings and large windows letting in plenty of natural light throughout her living spaces. Thanks to an open-plan layout, the interior feels bright and welcoming, while guest accommodation continues the yacht's minimal design language.<img src="https://photo-assets.superyachttimes.com/photo/396161/image/large-48260c8dd61b698546207b60097844d7.jpg" data-gid="gid://syiq/Photo/396161"><img src="https://photo-assets.superyachttimes.com/photo/396198/image/large-1d88b3e41a625dd9360d9d405b404aaf.jpg" data-gid="gid://syiq/Photo/396198">Additional key features onboard include a Seakeeper stabilisation system for comfort underway and at anchor, joystick docking, and a Bose home cinema system in both her main saloon and master suite, alongside an improved toy storage thanks to her IPS configuration.<img src="https://photo-assets.superyachttimes.com/photo/396165/image/large-20dd5d4dcbf67e1e4cd42141f902132f.jpg" data-gid="gid://syiq/Photo/396165">With a beam of 5.75-metres and an internal volume of 62 GT, accommodation onboard the <a data-gid="gid://syiq/Yacht/17147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ma Belle 23.64m (77'7&quot;)Azimut Yachts2022">yacht Ma Belle for sale</a> is arranged for up to eight guests across a four-stateroom layout, including a full-beam master suite. Dedicated quarters are provided for a crew of four, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/396166/image/large-4ed6d7a695ecaac60d57cc8d62107bdc.jpg" data-gid="gid://syiq/Photo/396166"><img src="https://photo-assets.superyachttimes.com/photo/396173/image/large-84307e5a467493cc8b76a71fc3373457.jpg" data-gid="gid://syiq/Photo/396173">In terms of performance, the <a data-gid="gid://syiq/Yacht/17147" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ma Belle 23.64m (77'7&quot;)Azimut Yachts2022">yacht Ma Belle 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> IPS engines, delivering a cruising speed of 24 knots and a top speed of 33 knots.<img src="https://photo-assets.superyachttimes.com/photo/396200/image/large-81d005e5fc6910a8ad6a4d12d03b6f84.jpeg" data-gid="gid://syiq/Photo/396200">

24m Azimut yacht Ma Belle for sale

For more than 150 years, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has built its reputation on engineering excellence, delivering some of the world's most iconic superyachts. Yet behind the celebrated new-build programme lies another cornerstone of the German shipyard's offering: a comprehensive refit and services division that combines the same craftsmanship, innovation and technical expertise with a proactive approach to yacht ownership.<img src="https://photo-assets.superyachttimes.com/photo/395685/image/large-6c0d99789964811f27b5ed79d23b7e34.jpg" data-gid="gid://syiq/Photo/395685">Operating across one of the largest yacht-building infrastructures in the world, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s refit capabilities are available not only to yachts built by the shipyard itself, but to the entire global fleet. From routine maintenance and scheduled surveys to major conversions and sustainability upgrades, the shipyard has positioned itself as a destination for owners seeking complex solutions delivered to the highest standards.Scale, expertise and innovation<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s shipyard network spans northern Germany, supported by a design centre in Croatia and a sales office in Fort Lauderdale. At the heart of its refit operation is the former <a data-gid="gid://syiq/Company/3" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blohm & Voss GmbH (Company)">Blohm &amp; Voss</a> shipyard in Hamburg, acquired by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> in 2016.Covering 451,000 square-metres and featuring seven docks, the Hamburg facility represents approximately 40 percent of the Group's total shipyard footprint. With Lürssen's legacy for complex new-build projects at its other facilities, owners benefit from the same level of engineering knowledge, project management expertise and highly skilled workforce responsible for delivering some of the industry's most advanced yachts.This integration creates a distinct advantage when tackling technically demanding projects. Whether undertaking a major structural modification, a complete interior transformation or a full vessel conversion, clients gain access to the resources and experience of a shipyard accustomed to solving complex engineering challenges.Since acquiring the Hamburg site, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> has redelivered nearly 100 yachts, with close to half a kilometre of yachts undergoing refit work at the facility during the past 12 months alone.<img src="https://photo-assets.superyachttimes.com/photo/395684/image/large-e860b8408cb8573130a03c0e4ccc63a4.jpg" data-gid="gid://syiq/Photo/395684">A solution for every ownerWhile commissioning a custom new-build remains the ultimate expression of yacht ownership, lengthy construction schedules are often an unavoidable reality. For owners seeking a faster route to a highly personalised yacht, refit and conversion projects offer a compelling alternative.By identifying the right platform and investing in a carefully planned transformation, owners can create a yacht tailored to their individual requirements within a significantly shorter timeframe than a new construction project.The opportunities extend far beyond cosmetic upgrades. Leveraging its commercial shipbuilding heritage, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> is increasingly involved in large-scale conversion projects, transforming robust offshore and industrial vessels into capable exploration yachts designed for extended global cruising.These vessels, originally engineered to operate in demanding environments, provide strong foundations for owners seeking expedition capabilities without compromising on comfort, luxury or autonomy.<img src="https://photo-assets.superyachttimes.com/photo/395663/image/large-fff7a51890ff3bb2699f3ff16be929a6.jpg" data-gid="gid://syiq/Photo/395663">Advancing sustainability through practical solutionsAs environmental considerations continue to shape the future of yachting, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Refit &amp; Services is also helping owners reduce operational emissions through carefully assessed sustainability programmes.Every project begins with detailed feasibility studies, ensuring proposed upgrades align with the yacht's operational profile and owner requirements. Rather than prescribing a single solution, the shipyard focuses on identifying the most effective measures for each individual vessel.Depending on the programme, improvements can range from LED lighting upgrades and intelligent motion-sensing systems to advanced heat recovery technology and sophisticated energy management platforms that optimise onboard power consumption.Many of these initiatives can be incorporated into larger refit schedules, allowing owners to enhance efficiency while minimising disruption to cruising plans.<img src="https://photo-assets.superyachttimes.com/photo/395686/image/large-760964d6aac379d57a85ccebad544ef4.jpg" data-gid="gid://syiq/Photo/395686">Supporting yachts beyond the shipyard<a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s commitment to owners extends well beyond the completion of a refit project. Through its Fast Operations and Response Unit (FORU), the shipyard provides global technical support for large yachts, with specialist teams regularly deployed to resolve operational issues around the world.Many repairs can be completed remotely, at anchor or alongside, reducing downtime and ensuring yachts remain where they are intended to be: on the water and in active use.This lifecycle-focused approach is further supported by dedicated maintenance planning, extensive spare parts inventories and round-the-clock assistance, giving owners access to the expertise of one of the industry's most experienced shipbuilding organisations wherever their yacht may be operating.<img src="https://photo-assets.superyachttimes.com/photo/395662/image/large-55a116c30cdaae0fb2a686b8dc25cbbc.jpg" data-gid="gid://syiq/Photo/395662">A partner for the global fleetFrom scheduled class surveys and technical upgrades to complete vessel conversions, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s refit division offers owners access to the same standards of engineering, craftsmanship and project execution that have defined the shipyard's new-build programme for generations.For owners seeking to extend a yacht's lifespan, improve performance or unlock new capabilities, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> Refit &amp; Services provides a pathway to maximise value while ensuring vessels continue to evolve alongside the demands of modern ownership.As the shipyard continues to expand its refit activities, one message remains clear: regardless of where a yacht was originally built, <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>'s expertise is available to the entire global fleet.

Lürssen refit yacht shipyard 

For more than 150 years, Lürssen has built its reputation on engineering excellence, delivering some of the world's most iconic superyachts.

Why owners are turning to Lürssen for complex refit and conversion projects

Italian yacht builder <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> has announced the launch of the 69.7-metre custom superyacht <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> from the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> Superyacht Yard in Ancona.<img src="https://photo-assets.superyachttimes.com/photo/396076/image/large-f645ec7c3870794ae7ea2c24efb1c285.jpg" data-gid="gid://syiq/Photo/396076"> <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> was first announced in September 2023, with the yacht seen outside the shed for the first time in May 2024 when she was transported to the yard in Ancona for outfitting.Built with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> brings together <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> and <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s Superyacht Division, with <a data-gid="gid://syiq/Company/15" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vripack (Company)">Vripack Yacht Design</a> which were responsible for her exterior lines, preliminary naval architecture and general arrangement.<img src="https://photo-assets.superyachttimes.com/photo/396084/image/large-79814660dbb43f8d0e8e324159c49142.jpg" data-gid="gid://syiq/Photo/396084">Also known as CRN 145, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> is characterised by a classic elongated bow and a sleek profile, which paired together mirror the graceful lines of sailboats. This is complemented by her gently curved bilges and seamless surfaces, as well as a classic colour scheme of a deep blue hull, and white superstructure, accented by a red bootstripe close to her waterline.&nbsp;Milan-based <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a> developed both her interior concept and the exterior social spaces, while <a data-gid="gid://syiq/Company/12" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="CRN (Company)">CRN</a> has overseen the yacht’s engineering, the final definition of naval architecture and general arrangements, as well as overall project management through to delivery.<img src="https://photo-assets.superyachttimes.com/photo/396083/image/large-aec99c9840f00e343e94d23e14244c47.jpg" data-gid="gid://syiq/Photo/396083">Her interior design has been developed around the relationship between functionality and aesthetics, with attention given to detailing and material selection. <a data-gid="gid://syiq/Company/153" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nauta Yachts S.r.l. (Company)">Nauta Design</a> has worked closely with the shipyard throughout the design and production phases, focusing on both the overall architectural layout of the spaces and the finer elements of detailing.Read more:&nbsp;<a data-gid="gid://syiq/Article/63921" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Crossing Borders: Building Project Thunderball (2025-07-30 12:30:00 +0200)">Crossing Borders: Building Project Thunderball</a><img src="https://photo-assets.superyachttimes.com/photo/396080/image/large-9d23deb9c676e32f776e64466ff9ace2.jpg" data-gid="gid://syiq/Photo/396080"><a data-gid="gid://syiq/Company/259" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Y.CO (Company)">Y.CO</a> acted as the owner’s representative and project management team, providing technical oversight throughout the build. Working alongside the shipyard, they coordinated third-party suppliers and managed inspection, supervision and acceptance processes to ensure alignment with the owner’s requirements.With an 11-metre beam and a gross tonnage of 1,100 GT, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a> is designed to accommodate up to 12 guests, across an owner’s suite and five VIP staterooms. Crew accommodation is also provided for up to 15 across nine cabins.<img src="https://photo-assets.superyachttimes.com/photo/396078/image/large-f68150a34f94cc582fcde37465b002da.jpg" data-gid="gid://syiq/Photo/396078"><a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a>’s onboard systems have been integrated into her design wherever possible, with components concealed or visually adapted to suit their surroundings. The emphasis has been placed on functionality and finish rather than overt technical expression.<img src="https://photo-assets.superyachttimes.com/photo/396077/image/large-c0b8e301d15dbf764d62c2c8e690adaa.jpg" data-gid="gid://syiq/Photo/396077">From a technical perspective, the yacht is equipped with an Energy Storage System intended to manage onboard energy flows according to operational requirements. The system is designed to enable peak shaving and silent operation at anchor, contributing to reduced fuel consumption in certain operating modes.<img src="https://photo-assets.superyachttimes.com/photo/396079/image/large-1aeed783f66388ce1b6a27c69b7e10a6.jpg" data-gid="gid://syiq/Photo/396079">In terms of propulsion, <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</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> V12 engines, rated at 1,213kW each, giving the yacht a top speed of 15.5 knots and a cruising speed of 12 knots.In the coming months, work will continue on <a data-gid="gid://syiq/Yacht/12411" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cerulean69.7m (228'8&quot;)CRN2026">Project Thunderball</a>'s interior and exterior outfitting, as well as sea trials, before handover to her owner, which is scheduled for summer 2026.(Images courtesy of CRN Yachts.)

Project Thunderball: 70m custom CRN yacht launched

CRN has announced the launch of the 69.7-metre custom superyacht Project Thunderball from the Ferretti Group Superyacht Yard in Ancona. 

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70m custom CRN yacht Project Thunderball launched

The 35-metre <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a> motor yacht <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">Pantera</a> is for sale with Hans Van Doornmalen and Antonio de Yturbe Redo of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. Currently located in Genoa, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is presented to the market following the completion of her five-year <a data-gid="gid://syiq/Company/1457" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RINA (Company)">RINA</a> Special Survey in April 2026.<img src="https://photo-assets.superyachttimes.com/photo/5788/image/large-cd91f7e1100ccec73d209ce592134c0e.jpg" data-gid="gid://syiq/Photo/5788">Delivered in 2019 by <a data-gid="gid://syiq/Company/358" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azimut Yachts (Company)">Azimut</a>, <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">Pantera</a> hails from the Azimut Grande 35 Metri series. She 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 by <a data-gid="gid://syiq/Company/563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Salvagni Architetti (Company)">Salvagni Architetti</a>. Her naval architecture was crafted 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>.<img src="https://photo-assets.superyachttimes.com/photo/197780/image/large-0e8b303d5d903eb1e036ff7f2977fda2.png" data-gid="gid://syiq/Photo/197780" 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; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Constructed with a GRP hull and superstructure, the tri-deck <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> has a beam of 7.5-metres and a draft of 1.91-metres.<img src="https://photo-assets.superyachttimes.com/photo/197781/image/large-32dba33fa1de7312d31a3a9fc56a3fef.png" data-gid="gid://syiq/Photo/197781">On deck, the <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">yacht Pantera for sale&nbsp;</a>offers a range of outdoor living spaces for socialising and relaxation. Across her tri-deck layout, guests may unwind in her lounging and dining areas or soak in the sun and panoramic ocean views on her beach club. Moreover, a private fold-out balcony extends from the owner’s suite, providing a closer connection to the sea.<img src="https://photo-assets.superyachttimes.com/photo/197775/image/large-72f57b8de49b7bdca254d11343b3205d.png" data-gid="gid://syiq/Photo/197775">Inside, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=azimut" rel="noopener noreferrer" target="_blank" title="">Azimut yacht for sale</a> embraces a contemporary interior defined by soft curves and a neutral palette. Her main saloon is arranged to create a calm and residential-style atmosphere, with expansive glazing letting in plenty of natural light as well as the views of the surrounding seascape.<img src="https://photo-assets.superyachttimes.com/photo/197777/image/large-14ffea822a92c36029b3d53bb741ef04.png" data-gid="gid://syiq/Photo/197777"><img src="https://photo-assets.superyachttimes.com/photo/197778/image/large-21e9da334ee478dd1bd369f3aa2a232f.png" data-gid="gid://syiq/Photo/197778">Accommodation onboard the 269 GT <a href="https://www.superyachttimes.com/directories/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> is arranged for up to 12 guests across five well-appointed staterooms. Dedicated quarters are provided for up to seven crew members, including her captain.<img src="https://photo-assets.superyachttimes.com/photo/197776/image/large-7e4c7a00953cb475cee382e8d309763f.png" data-gid="gid://syiq/Photo/197776">In terms of propulsion, <a data-gid="gid://syiq/Yacht/7023" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pantera35.0m (114'10&quot;)Azimut Yachts2019">Pantera</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 deliver a cruising speed of 21 knots and a top speed of 25 knots. Images courtesy of&nbsp;<a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a>.&nbsp;

Azimut motor yacht Pantera for sale

The 35m Azimut motor yacht Pantera has been listed for sale with Edmiston, featuring a tri-deck layout and Italian design

35m Azimut motor yacht Pantera for sale

The 27.74-metre classic American fantail motor yacht <a data-gid="gid://syiq/Yacht/17146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Innisfail27.74m (91'0&quot;)Mathis Yacht Building Co1939">Innisfail</a> is on the market. Delivered in 1939, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale" target="_blank">yacht for sale</a> was previously known as&nbsp;El Presidente and is a World War II veteran that has served numerous U.S. Presidents throughout her distinguished history.<img src="https://photo-assets.superyachttimes.com/photo/396006/image/large-3b68220f51968e137a482967995301ff.jpg" data-gid="gid://syiq/Photo/396006">Built by the <a data-gid="gid://syiq/Company/3718" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mathis Yacht Building Co (Company)">Mathis Yacht Building Company</a> to a design by <a data-gid="gid://syiq/Company/7973" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="John Trumpy (Company)">John Trumpy</a>, <a data-gid="gid://syiq/Yacht/17146" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Innisfail27.74m (91'0&quot;)Mathis Yacht Building Co1939">Innisfail</a> benefited from a refit in 2007. With a volume of 89 GT, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/of-type=motor" target="_blank">motor yacht for sale</a> can accommodate up to six guests across three staterooms, including an owner's suite. Additional accommodation is provided for crew in three cabins, and the yacht has also undergone USCG inspection for up to 65 passengers.<img src="https://photo-assets.superyachttimes.com/photo/395998/image/large-978eb619bd65e81b341f5af323e7707e.jpg" data-gid="gid://syiq/Photo/395998"><img src="https://photo-assets.superyachttimes.com/photo/396000/image/large-ae65ebbb1f6c5ba88492386034c76d6e.jpg" data-gid="gid://syiq/Photo/396000">Constructed with a wooden hull, the <a href="https://www.superyachttimes.com/yachts/innisfail" target="_blank">yacht Innisfail for sale</a> offers a warm and inviting interior characterised by classic craftsmanship and a homely atmosphere. The main saloon is bathed in natural light thanks to generous windows and features comfortable seating areas for relaxation. Throughout the interior, white finishes are complemented by rich wood detailing.<img src="https://photo-assets.superyachttimes.com/photo/396001/image/large-0b6d9b81abc5102f8690cf1657da81b6.jpg" data-gid="gid://syiq/Photo/396001"><img src="https://photo-assets.superyachttimes.com/photo/395996/image/large-34b2097d40b1cc40afcbc703baddfed3.jpg" data-gid="gid://syiq/Photo/395996">Moving outside, guests can enjoy a spacious aft deck designed for alfresco dining and entertaining, with uninterrupted views of the surrounding seascape. Additional lounging areas can be found on both the flybridge and foredeck, providing multiple spaces from which to enjoy life on the water.<img src="https://photo-assets.superyachttimes.com/photo/396008/image/large-2ae8ac48e58ddf9228b76cdf7db3a282.jpg" data-gid="gid://syiq/Photo/396008"><img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/396003/image/large-84acaaa6a5d339505847c03ef5b6bac4.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20260604%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20260604T052453Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=78a610fb80018ba7b5b608f648569120041a307c7da8d1359f04af42ef9a57d5" data-gid="gid://syiq/Photo/396003">In terms of performance, the <a href="https://www.superyachttimes.com/directories/yachts/for-sale/built-by=mathis-yacht-building-co" target="_blank">Mathis yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Detroit Diesel (Company)">Detroit Diesel</a> engines, delivering a cruising speed of 8 knots and a top speed of 11.5 knots.

motor yacht Innisfail for sale

The 27.74-metre classic American fantail motor yacht Innisfail is on the market.

28m pre-war classic yacht Innisfail for sale

<img src="https://photo-assets.superyachttimes.com/photo/396010/image/large-f907bd3a032d83f09dcd6772bcbe659d.jpg" data-gid="gid://syiq/Photo/396010">The 67.15-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> support vessel <a data-gid="gid://syiq/Yacht/4532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalm67.15m (220'4&quot;)Damen Yachting2014">Kalm</a> was spotted cruising off Málaga last Saturday.Previously named 6711 Geo and Dapple, she was delivered by her builder in 2014. The vessel features exterior design by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting’s</a> in-house team, while her interiors were created in collaboration with British designer <a data-gid="gid://syiq/Company/2091" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mark Berryman Design Ltd (Company)">Mark Berryman</a>.<a data-gid="gid://syiq/Yacht/4532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalm67.15m (220'4&quot;)Damen Yachting2014">Kalm</a> benefitted from a refit at <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Group</a> in Barcelona between 2023 and 2024. She can accommodate up to 20 crew, including the captain. Notable onboard features include a built-in decompression chamber, a dive store comparable in quality to those found on military vessels, a fully commercial helideck with a maximum take-off weight of 4,850 kilograms, and an expansive aft deck dedicated to watercraft operations, including space for a submarine.In terms of performance, <a data-gid="gid://syiq/Yacht/4532" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kalm67.15m (220'4&quot;)Damen Yachting2014">Kalm</a> is powered by four engines, enabling a cruising speed of 15 knots and a top speed of 22 knots.

Damen support vessel Kalm in Málaga

The 67.15-metre Damen Yachting support vessel Kalm was spotted cruising off Málaga last Saturday.

67m Damen Yachting support vessel Kalm in Málaga

The largest yachts in Saint Tropez

We take a look at some of the largest yachts recently in Saint Tropez below.

Spotted: The largest yachts in Saint Tropez

<a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> has announced the launch of the first 49.9-metre <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50 yacht</a> from its shipyard in La Spezia, Italy. The yacht is the debut unit in the Italian shipyard’s new FAST50 series, introducing a new generation of aluminium superyachts combining high-performance, generous volumes, and aggressive styling.<img src="https://photo-assets.superyachttimes.com/photo/395886/image/large-26d5b7f1e0ee1e363785c3eb868454d2.jpg" data-gid="gid://syiq/Photo/395886" 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;"> The <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50 yacht</a> was first unveiled as <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a>’s flagship fast yacht concept in February 2024, combining the performance capabilities of the shipyard’s historic aluminium builds with the volumes and liveability typically associated with larger displacement yachts. <a data-gid="gid://syiq/Article/59694" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto introduces Francesco Paszkowski-designed X50 and FAST50 superyachts (2024-02-08 15:45:00 +0100)">Read: Baglietto introduces Francesco Paszkowski-designed X50 and FAST50 superyachts</a> According to her builder, the model has been developed to reinterpret through a contemporary lens the legacy of iconic Baglietto fast yachts such as <a data-gid="gid://syiq/Yacht/1635" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Adler36.0m (118'1&quot;)Baglietto S.p.A.1987">Adler</a>, Pachamama and the Compasso d’Oro-winning <a data-gid="gid://syiq/Yacht/2036" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monokini44.0m (144'4&quot;)Baglietto S.p.A.2013">Monokini</a>. “With the <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50</a>, we wanted to reinterpret <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a>’s most authentic DNA- that of the large, high-performance aluminium yachts that shaped the shipyard’s history- translating it into a contemporary platform capable of combining performance, comfort and extraordinary liveability,” commented Fabio Ermetto, Chief Commercial Officer at <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a>. “This project perfectly represents our vision: sporty yachts with a strong identity, yet architecturally and technically advanced, and deeply tailored around the owner’s lifestyle.” Built entirely in aluminium, the FAST50 features 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>, who also collaborated with <a data-gid="gid://syiq/Company/6365" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Margherita Casprini (Company)">Margherita Casprini</a> on the interior design. Her naval architecture was crafted 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>.<img src="https://photo-assets.superyachttimes.com/photo/395885/image/large-0f0cbb8a980f43063a7800f391c1bc74.jpg" data-gid="gid://syiq/Photo/395885" 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; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; background-color: rgb(255, 255, 255);">Throughout the project, <a data-gid="gid://syiq/Company/375" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto S.p.A. (Company)">Baglietto</a> has drawn inspiration from the automotive sector, with integrated air intakes, sports car-inspired stern fairleads and a bespoke “Porsche Chalk” hull colour developed using a custom Boero paint cycle.A key feature of the <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50</a> is her two-level stern, which is fitted with several innovative features introduced on the T-line, including the yard’s signature fold-down bulwarks that extend the beach club area closer to the water, alongside a hidden transformer replacing the traditional passerelle to keep the yacht’s sleek look. In addition, the yacht’s indoor and outdoor areas are seamlessly connected thanks to her full-height windows and Baglietto’s signature “cut-out” bulwarks, which strengthen connection to the sea.On her upper deck, a veranda that opens on three sides hosts a panoramic dining room, while her foredeck features a lounge area, sunpads and a Jacuzzi located at the bow. Moreover, a rooftop, rare for yachts of her category, serves as a private retreat where guests can dine, lounge, and relax.Furthermore, a stern garage with a flooding launch system is capable of accommodating a tender up to seven-metres, alongside a second garage forward.The yacht's interiors have been designed to complement the exterior design. Lacquered surfaces, experimental woods such as burnt oak, and artistic lighting all harmoniously contribute to her contemporary design profile. Lightweight materials were favoured over heavier marble and natural stone to support the yacht's high-performance credentials, with even the exterior handrails crafted from titanium to optimise weight.Unlike many of the shipyard’s earlier fast yachts, the <a data-gid="gid://syiq/Yacht/13932" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Baglietto Fast 50/0149.9m (163'9&quot;)Baglietto S.p.A.2026">FAST50 yacht</a> has been developed across three full decks, featuring a wide-body owner's suite on the main deck.&nbsp;At an interior volume of 499 GT, accommodation onboard is arranged across four staterooms, including two VIP staterooms and two twin staterooms on the lower deck, all with en-suite facilities. Crew accommodation comprises four dedicated quarters, captain's quarters and a spacious crew mess.In terms of performance, the yacht is powered by four <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which are expected to deliver a top speed of 30 knots.&nbsp;

First 50m Baglietto FAST50 superyacht launched

Baglietto has launched the first 50m FAST50 yacht from its shipyard in La Spezia, Italy.


The 88-metre <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X88.0m (288'9&quot;)Golden Yachts Ltd.2022">Project X</a> has been transported from <a data-gid="gid://syiq/Company/1751" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Halkitis Shipyards S.A. (Company)">Halkitis Shipyard</a> to <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts Shipyard</a> as she nears completion. The impressive 2,750 GT superyacht has been under construction since 2007 and has moved from various shipyards during her build. <img src="https://photo-assets.superyachttimes.com/photo/222727/image/large-60d75f0328dacc649082615ebf88f243.jpeg" data-gid="gid://syiq/Photo/222727">The Perama based shipyard has been working on the yacht since 2019 when she was moved from the <a data-gid="gid://syiq/Company/47" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Delta Marine (Company)">Delta Marine</a> shipyard in Seattle, United States where she had been stored for a number of years. But it was at <a data-gid="gid://syiq/Company/924" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marco Yachts (Company)">Marco Yachts</a> shipyard in Santiago, Chile where her construction started in 2007. <img src="https://photo-assets.superyachttimes.com/photo/222718/image/large-7eba011025b5297200f94812e2cb40fe.jpeg" data-gid="gid://syiq/Photo/222718"><a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X88.0m (288'9&quot;)Golden Yachts Ltd.2022">Project X</a>, previously known as Z, features an exterior design by <a data-gid="gid://syiq/Company/148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ken Freivokh Design (Company)">Ken Freivokh</a> and interior by Alessandro Massari of <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design</a>. She is able to accommodate up to 14 guests with a configuration of one master suite and six guest staterooms as well as a crew of 24. <img src="https://photo-assets.superyachttimes.com/photo/222717/image/large-a5aadcc3605f12c60c909919200025db.jpeg" data-gid="gid://syiq/Photo/222717"><a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X88.0m (288'9&quot;)Golden Yachts Ltd.2022">Project X&nbsp;</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 each delivering 2,485hp, enabling the superyacht to achieve a top speed of 17.5 knots. She has a &nbsp;range of 6,000 nautical miles at 14 knots ensuring she can reach any desirable destination without refuelling.<img src="https://photo-assets.superyachttimes.com/photo/222729/image/large-48da728c2f81d9ac3cd81d691a8f17ce.jpeg" data-gid="gid://syiq/Photo/222729">Although plans have been kept tightly under wraps about <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X88.0m (288'9&quot;)Golden Yachts Ltd.2022">Project X</a>, it is believed that she is expected to be delivered later in 2022.

Golden Yachts Project X nears completion

The 88m Golden Yachts Project X has been transported from Halkitis Shipyard to Greek New Spanopoulos Group Shipyard as she nears completion.

88m Golden Yachts Project X nears completion

This year’s <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2022">Monaco Yacht Show</a> saw more than 100 yachts on display, with many making their debut for the first time. One that stood out amongst the crowd was the newly delivered 87.6-metre <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> superyacht <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a>. The interior design of the superyacht had never before been seen, making the show a true international debut for her.<img src="https://photo-assets.superyachttimes.com/photo/251187/image/large-83acb4b82ac1ed5c40d18c4d850a369a.jpg" data-gid="gid://syiq/Photo/251187">The recognisable superyacht, <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> was delivered in August 2022 and features exterior design from <a data-gid="gid://syiq/Company/148" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ken Freivokh Design (Company)">Ken Freivokh Design</a>, with a highly distinctive central motif of X-shaped elements on both the port and starboard sides of her superstructure. <img src="https://photo-assets.superyachttimes.com/photo/251138/image/large-1ed4082c3a6411930d9c7c9df4de717a.jpg" data-gid="gid://syiq/Photo/251138">The 2,973 GT yacht combines the latest in design, technology and style with the highest standards in quality, service and entertainment to create a masterpiece on the water. <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> features a stunning interior design from the boards of <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design Studio</a> alongside naval architecture by <a data-gid="gid://syiq/Company/924" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marco Yachts (Company)">Marco Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/251126/image/large-a60282a22e210a2a074b7e498adaa0f8.jpg" data-gid="gid://syiq/Photo/251126">The elegant interior of <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> is flooded with natural light, and nowhere showcases this better than her uniquely impressive glass elevator and atrium. The bespoke elevator by <a data-gid="gid://syiq/Company/1266" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lift Emotion B.V. (Company)">Lift Emotion</a>, services all decks, while the central atrium connects three of her five decks with internal balconies, which are illuminated by the windows in the X-shaped structures. <img src="https://photo-assets.superyachttimes.com/photo/251127/image/large-128e90f94bf0195e896f63dd6dce4629.jpg" data-gid="gid://syiq/Photo/251127">The interior design brief for <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> was clear from the beginning: create a contemporary, refined, welcoming and harmonious style, devoted to attention to detail. Therefore, <a data-gid="gid://syiq/Company/1156" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Massari Design S.r.l. (Company)">Massari Design Studio</a>’s main challenge was to confer uniqueness to each individual environment, while ensuring perfect harmony.<img src="https://photo-assets.superyachttimes.com/photo/251136/image/large-db17c9b1cf267b16609047c56100ebed.jpg" data-gid="gid://syiq/Photo/251136"><a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> combines elegant design with intricate details to create a warm and inviting interior for guests. She features more than 40 types of leather, precious woods, marbles and onyxes, as well as metals with unique finishes and silk carpets.<img src="https://photo-assets.superyachttimes.com/photo/251137/image/large-a9dd532d7485bff25c8bdf4e2119eec5.jpg" data-gid="gid://syiq/Photo/251137">The <a data-gid="gid://syiq/Company/778" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Golden Yachts Ltd. (Company)">Golden Yachts</a> superyacht is able to accommodate up to 12 guests across nine sumptuous staterooms. Her full-beam master suite is located on the bridge deck with a 180-degree panoramic view, private pool, two bathrooms and two dressing rooms. <img src="https://photo-assets.superyachttimes.com/photo/251128/image/large-c7886eccfc1c03c941feaac5a55a19df.jpg" data-gid="gid://syiq/Photo/251128">Another special feature of <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> is a stateroom on the upper deck with a private lounge area which, again with a view to functionality and flexibility of the spaces, can be subdivided to become a second stateroom if required.<img src="https://photo-assets.superyachttimes.com/photo/251132/image/large-270f6b43d51fb0b37f6f14b30eb9d681.jpg" data-gid="gid://syiq/Photo/251132"><a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> is brimming with top features including a 360 degree gym area on her sundeck, illuminated from both the sides and her ceiling skylights. She also has a large and welcoming beach club area on the lower deck with a living area, bar, sauna and Turkish Hammam.<img src="https://photo-assets.superyachttimes.com/photo/251130/image/large-00961fef0b7cf98999e878bfedbb79d5.jpg" data-gid="gid://syiq/Photo/251130"><img src="https://photo-assets.superyachttimes.com/photo/251135/image/large-beba2859dd2f7c6ddde14bb217baae07.jpg" data-gid="gid://syiq/Photo/251135">Guests onboard <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> can also enjoy her glass-walled pool with direct access to the swimming platform. For those looking for some adventure, she hosts a helicopter on her main deck fore, as well as a 10-metre <a data-gid="gid://syiq/Company/5669" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Onda Tenders (Company)">Onda</a> Limousine tender and an impressive nine-metre Pedrazzini Vivalle classic tender.<img src="https://photo-assets.superyachttimes.com/photo/251129/image/large-0dbe39ea5eda5c7e82d3c19e4c9513fb.jpg" data-gid="gid://syiq/Photo/251129">In terms of performance, <a data-gid="gid://syiq/Yacht/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Project X87.6m (287'5&quot;)Golden Yachts Ltd.2022">Project X</a> is able to reach a top speed of 18 knots and a cruising speed of 12.5 knots, thanks to twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines. She has a range of 4,000 nautical miles at a speed of 16 knots.<img src="https://photo-assets.superyachttimes.com/photo/251134/image/large-a5f32bc82ba0dae7009043cb29e8bcda.jpg" data-gid="gid://syiq/Photo/251134">

Project X: A first look onboard the 88m Golden Yachts superyacht

The 88m superyacht Project X was launched in 2022 by Golden Yachts and made her debut at this year’s Monaco Yacht Show. 

Long Read

What gives Golden Yachts 88m superyacht Project X 'the X factor?'