The UAE is poised to make a substantial direct investment in a new megaproject along Egypt's Mediterranean coast, reports local media. Centred on the development of the new city at Ras El Hekma, the initiative features a master plan that includes the construction of five marinas.<img src="https://photo-assets.superyachttimes.com/photo/331759/image/large-7f2b11ea83c6d05aca9b2bd947eaf2a7.jpg" data-gid="gid://syiq/Photo/331759">Read: <a data-gid="gid://syiq/Article/61629" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Major changes announced for the Gulf Superyacht Summit (2024-10-04 12:15:00 +0200)">Major changes announced for the Gulf Superyacht Summit</a>The project, with an estimated cost of $110 billion, is designed to accommodate two million residents and is expected to generate 750,000 jobs, boosting the local economy and infrastructure.The UAE Ministry of Investment has also announced the involvement of several Emirati companies in the expansion and growth plan for the project. ADQ, an Abu Dhabi-based investment and holding group, has appointed Modon Holding, a leading real estate developer, as the master planner. The megaproject aims to capitalise on its strategic location on the Mediterranean, focusing on key areas such as economic development, investment, real estate, and tourism.The original agreement between the UAE and Egypt for the Ras El Hekma project was signed in February of this year. The new city is located approximately 350 kilometres northwest of Cairo and spans 170 million square-metres in the Matrouh Governorate. Of this, 12 million square-metres will be dedicated to retail, entertainment, and leisure facilities.

UAE set to make major investment in Egyptian coastal megaproject

Renderings of Ras El Hekma masterplan  in Egypt 

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The UAE is poised to make a substantial direct investment in a new megaproject along Egypt's Mediterranean coast.  

<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> has completed an €8.5 million redevelopment of <a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina</a> in Corfu, Greece. According to the company, this will significantly expand its capacity while introducing advanced digital infrastructure and sustainability measures aimed at elevating the overall yachting experience in the Eastern Mediterranean.<img src="https://photo-assets.superyachttimes.com/photo/395689/image/large-38e449166c2a07114a44956609a710fc.jpg" data-gid="gid://syiq/Photo/395689">Strategically located between the Adriatic and Mediterranean seas, <a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina</a> is the largest marina in Corfu. The upgrade adds 104 new berths for yachts up to 50 metres, alongside expanded onshore storage, improved accessibility and upgraded visitor facilities. <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> added that the redevelopment is part of its long-term strategy to enhance operational capacity, while strengthening the marina’s position as a gateway for Mediterranean cruising.<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> Greece Regional Director Ioannis Koutsodontis said: “The upgrade of Gouvia Marina goes far beyond infrastructure. It is a complete transformation that combines construction excellence, technological innovation and sustainability, while creating a premium destination that is open, vibrant and closely connected to the local community of Corfu.”A major component of the project is its digital transformation. Smart Pedestals have been installed at every berth, allowing remote monitoring and management of electricity and water consumption through <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’s</a> mobile application. The marina’s digital infrastructure has also been fully upgraded, with enhanced Wi-Fi coverage across all areas to ensure seamless connectivity for visitors and crew.<img src="https://photo-assets.superyachttimes.com/photo/395692/image/large-305427b9f29343bcc3d15c050094d5c4.jpg" data-gid="gid://syiq/Photo/395692">Sustainability and ESG principles have been embedded throughout the redevelopment. The marina now features high-pressure water filtration systems, low-energy LED lighting, electric vehicle charging stations, enhanced fire detection systems and improved accessibility, alongside extensive green landscaping designed to integrate the site more closely with the surrounding community.A key milestone of the project is the installation of <a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina’s</a> first on-site solar power system and <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’s</a> first in Greece. The 100 kilowatt-peak photovoltaic installation is expected to generate around 167 megawatt-hour of clean energy annually, covering approximately 20 per cent of the marina’s electricity needs.<a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> Greece Head of Sustainability and Health and Safety Korina Kostakaki commented: “<a data-gid="gid://syiq/Company/380" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gouvia Marina (Company)">Gouvia Marina’s</a> new solar installation reflects <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin’s</a> continued progress on its decarbonisation pathway and marks our first Greek marina to generate renewable energy on site. The project complements the five megawatts of solar capacity already deployed across our marinas in Turkey, Croatia and Italy, supporting our SBTi commitment and our ambition to reduce emissions by 42 per cent by 2030.”The redevelopment was supported through the National Recovery and Resilience Plan ‘Greece 2.0’, funded by the European Union – NextGenerationEU. <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a> concluded that the project represents a wider contribution to the modernisation of Greece’s nautical tourism sector, supporting sustainable investment and long-term competitiveness.Photos provided courtesy of <a data-gid="gid://syiq/Company/4262" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="D-Marin (Company)">D-Marin</a>.

D-Marin Gouvia Marina upgrade

D-Marin has completed an €8.5 million redevelopment of Gouvia Marina in Corfu, Greece. 


D-Marin completes €8.5 million Gouvia Marina upgrade in Corfu

<a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a> Barcelona has announced that it has been granted a permit enabling non-EU flagged yachts with non-EU owners to operate under Inward Processing Relief (IPR) within the marina.<img src="https://photo-assets.superyachttimes.com/photo/395018/image/large-d9b637826100471db2bf7f2093ec2520.jpg" data-gid="gid://syiq/Photo/395018">Inward Processing Relief (IPR) is a special customs procedure that allows non-EU flagged yachts to temporarily import into Spain for works, refits, or the installation of spare parts without paying VAT (21%) or customs duties.Yachts can open an IPR while staying at <a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a> before moving to a shipyard for works, or continue operating under the regime after leaving the shipyard and relocating back to Marina Vela.This new permit provides owners, captains and managers with significant financial and operational advantages when undertaking technical projects, maintenance, or upgrades in Barcelona.<img src="https://photo-assets.superyachttimes.com/photo/395019/image/large-e5f69688aac3eb3747e6845d50cb0a43.jpg" data-gid="gid://syiq/Photo/395019">“This is an important development for yachts looking to winter at <a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a>,” explained the marina. “Barcelona and the surrounding region are already firmly established as leading hubs for refit and repair, and this new permit is a significant step in further enhancing the advantages and flexibility available to yachts choosing to spend the winter with us while undertaking technical works.”With advance planning and the appropriate customs arrangements in place through yacht agents, the IPR process can be established ahead of a yacht’s arrival, helping ensure refit works, technical projects, spare parts and associated services are structured efficiently from the outset.&nbsp;Part of the Azulona Marinas portfolio, <a data-gid="gid://syiq/Company/8865" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Vela (Company)">Marina Vela</a> offers berthing for yachts from 12 metres to 90 metres. Close to <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92</a> and just 10 minutes from the city centre, Marina Vela is a well-connected base for summer charters, winter stays and technical works.(Images courtesy of Marina Vela.)

Marina Vela Barcelona granted permit for non-EU yachts to operate under IPR

Marina Vela has been granted a permit enabling non-EU flagged yachts with non-EU owners to operate under Inward Processing Relief within the marina.

An international consortium, Team Perry’s, has been selected as the successful bidder in the City of Yokosuka’s tender for the development and management of the new Uraga Marina, located south of Tokyo.Led by the Japanese firm Index Consulting, the consortium includes Spanish company Ocean Capital Partners (OCP), alongside Daiwa Lease, SMFL, Keikyu Railway and Etortech Consulting, bringing together expertise across development, financing, infrastructure and operations.<img src="https://photo-assets.superyachttimes.com/photo/389819/image/large-fc57859063702ca7a7d76c592d4d9d41.jpg" data-gid="gid://syiq/Photo/389819">The award was formalised through a tripartite agreement between Team Perry’s, the City of Yokosuka and Sumitomo Heavy Industries. With an operating period of up to 50 years, the project is expected to rank among the more significant recreational marina developments in Japan.Following the signing of the agreement on 30 March 2026, the project will now move into the executive design and operational planning phase, with the consortium working alongside Japanese authorities on its development.The master plan for Uraga Marina has been designed by architect Kengo Kuma. The project is intended to deliver a high-end marina facility that integrates architectural design with its surrounding environment and maritime use, while also supporting the development of superyacht infrastructure in Japan.Within the consortium, Ocean Infrastructures Management, the consulting subsidiary of Ocean Capital Partners, will be responsible for operational planning and the overall management of the marina.Commenting on the development, José Luis Almazán, CEO of Ocean Capital Partners, said the project reflects the consortium’s ability to combine international and local expertise while adapting to Japan’s regulatory and business environment.Located on the Miura Peninsula, Uraga benefits from proximity to central Tokyo and established coastal infrastructure. The area is known for its sheltered waters and natural depth, characteristics that support its potential for accommodating larger vessels.The development also builds on Uraga’s historical role as a maritime hub. In the early 17th century, the port formed part of trade routes linking Spain with Acapulco and Manila. The current project represents a continuation of that maritime legacy, positioning the area for future development within Japan’s evolving marina sector.<img src="https://photo-assets.superyachttimes.com/photo/386528/image/large-ac18974277bb47126ecdd41da712a4c7.jpg" data-gid="gid://syiq/Photo/386528">Asia-Pacific Superyacht Summit 2026Following two successful editions in Hong Kong, the <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape. Discussions will also address broader regulatory, operational and investment trends shaping the region.The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> serves as a dedicated forum for analysing market developments and facilitating dialogue among leading stakeholders from across the superyacht industry.Read: <a href="https://www.superyachttimes.com/yacht-news/asia-pacific-superyacht-summit-2026-topics-announced" target="_blank">Asia-Pacific Superyacht Summit 2026 expands programme with new speakers</a>Tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" target="_blank">here</a>.<img src="https://photo-assets.superyachttimes.com/photo/384775/image/large-9c64e60cb03a552b4c6aa7e45969699b.jpg" data-gid="gid://syiq/Photo/384775">

Team Perry’s Consortium awarded Uraga Marina superyacht project in Japan

An international consortium to develop and manage new Uraga Marina, located south of Tokyo.

Ocean Capital Partners awarded Uraga Marina superyacht project in Japan

Marina Port Andratx has joined the portfolio of IPM Group,which includes marinas and refit yards across the Balearics and mainland Spain.<img src="https://photo-assets.superyachttimes.com/photo/386771/image/large-8829c75177dc583fe9cc876c525aed75.jpg" data-gid="gid://syiq/Photo/386771">Located in the harbour of Andratx in Mallorca, Spain, Marina Port Andratx features 547 berths for yachts up to 30 metres. This partnership includes the official adoption of the name Marina Port Andratx, with a new logo and corporate identity unveiled.“Marina Port Andratx is a port with a clearly defined identity and a strong connection to its surroundings,” explained José María Campuzano, CEO of IPM Group. “Our commitment is to build on that essence while bringing our expertise in marina management with a focus on continuity and respect.”IPM Group will retain the current team that has led the marina to date, with the Group enhancing the management structure to create internal synergies and to ensure a smooth and careful transition.<img src="https://photo-assets.superyachttimes.com/photo/386770/image/large-c47e40390143ab7bf10dbd04d9ff3987.jpg" data-gid="gid://syiq/Photo/386770">“We are joining Marina Port Andratx with the utmost respect for the work carried out to date and with a clear intention to build on this,” added Patrick Reynés, CEO of IPM Group. “Byworking together, we are confident that we’ll further refine day-to-day operations and continue to elevate service quality with a forward-looking and optimistic outlook.”With this new addition, IPM Group has expanded its presence in the Balearic Islands, where it already manages Marina Port de Mallorca, STP Shipyard Palma, Marina Ibiza, Marina Port Ibiza, Varadero Ibiza and Marina Port Mahón, along with its facilities in the Valencia region such as Marina Port Valencia, Varadero Valencia and Monzó Yacht Painting

Marina Port Andratx joins IPM Group portfolio

Marina Port Andratx has joined the portfolio of IPM Group,which includes marinas and refit yards across the Balearics and mainland Spain.

<a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a> has been named as the host venue for <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>’s Valencia event in the years ahead. The confirmation sees Valencia join a select group of global host cities for <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>, a championship known for its high-speed, technology-driven racing format and strong international following. <img src="https://photo-assets.superyachttimes.com/photo/348287/image/large-89d93deb8470c748634af5ed7a927a90.jpg" data-gid="gid://syiq/Photo/348287"><a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a>’s arrival is expected to bring a significant influx of international teams, industry professionals and media, reinforcing Valencia’s reputation as a leading sailing destination. The event is also anticipated to generate wider economic and tourism benefits for the city, while strengthening its long-standing connection to the sea.The selection of <a data-gid="gid://syiq/Company/8076" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina Port Valencia (Company)">Marina Port Valencia</a> reflects the marina’s ongoing redevelopment and modernisation programme, which aims to position the waterfront as a world-class venue capable of hosting major international events.&nbsp;Read:&nbsp;<a data-gid="gid://syiq/Article/62614" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="First renderings of new Marina Port Valencia development unveiled (2025-02-14 12:45:00 +0100)">First renderings of new Marina Port Valencia development unveiled</a><img src="https://photo-assets.superyachttimes.com/photo/247301/image/large-beea6c531e5f4b8a2b7ffdbd60674df3.jpg" data-gid="gid://syiq/Photo/247301">The project combines upgraded infrastructure with a strategic location and a stated commitment to public engagement, innovation and sustainability within the wider yachting industry.The event is set to build on Valencia’s established sailing heritage, adding <a data-gid="gid://syiq/Company/6878" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SailGP (Company)">SailGP</a> to a growing list of elite competitions staged along its coastline.

SailGP names Marina Port Valencia as future race venue

Marina Port Valencia has been named as the host venue for SailGP’s Valencia event in the years ahead. 

In 2024, plans were announced for Kobe Marina, a purpose-built superyacht marina intended to support Kobe’s wider waterfront regeneration ambitions. The project is being developed by The Superyacht Base consortium and backed by seven principal investors: GLION Group, Creation, <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">SYL Monaco</a>, Plan Do See, <a data-gid="gid://syiq/Company/119" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Horizon Yachts (Company)">Horizon Yachts</a>, Setouchi Brand Corporation, and <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">SYL Japan</a>.<img src="https://photo-assets.superyachttimes.com/photo/341862/image/large-0b9d79b72df17e306187ef1180a27d18.jpg" data-gid="gid://syiq/Photo/341862">The marina’s layout is designed to accommodate a range of yacht sizes, with dedicated berths for vessels between 20 and 35-metres, additional space planned for yachts in the 40 to 55-metre segment, and larger yachts able to berth at the quayside. The inside basin configuration allows vessels of up to 100 to 110-metres to lie alongside, while stern-to berthing is available for yachts of up to 80-metres. Outside the basin the marina allows the berthing of any size yacht with a 360-metre long quay.SuperYacht Times spoke with investment consortium member Nigel Beatty of <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">SYL Monaco</a>, one of the principal investors, to understand how the development has progressed since his presentation on Kobe Marina and Japan’s cruising grounds at last year’s Asia-Pacific Superyacht Summit in Hong Kong.<img src="https://photo-assets.superyachttimes.com/photo/383497/image/large-1c4706f98362a209b62507d9b1adeb55.jpg" data-gid="gid://syiq/Photo/383497">Progress since the Asia-Pacific Superyacht Summit 2025Since securing the bid ahead of the <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">summit</a>, the consortium has focused on design development and coordination with local stakeholders. Beatty said the process has involved extensive work with architects, Kobe City and the Port Authority to meet local requirements. “We’ve been working through the meetings and costing, what we need, how we need to build it, and whether Kobe City is happy with the design and aesthetics, including who will make and install everything; and ensuring the government is satisfied with the amount of green areas that we must include.”Beatty outlined that the development is progressing across two parallel streams: “You can break it into two parts: the quayside building infrastructure part and the marina part, which is pretty much ready to start work. We’ve got pilings ordered, with installation expected to begin around June 2026. The breakwater is already complete, and shore power, electrics and floating docks are planned to follow later in the year.”He also highlighted that the site already benefits from existing commercial dock infrastructure, and concrete quayside, with the 160-metre breakwater seawall finished in 2025, providing immediate alongside or stern to berthing capability as the dedicated marina works progress. “While we are happy for yachts to already berth on site, shore power and floating dock infrastructure are not yet in place.”&nbsp;Installation work is being handled by Japanese contractors, with local companies Kusakabe Construction Company and Kyoei Public Works Company involved in the piling works given their experience in coastal infrastructure. Tequanauts are constructing the floating docks and shore power pedestals. Beatty added that the contractor for the marina building, which is expected to include restaurants and shops, has yet to be selected; the designs, however, are all being handled by Tomohiro Hata Architect &amp; Associates.Recent progress has focused on finalising technical specifications, cost planning and supplier selection, alongside city-level review of design and aesthetic requirements, in line with Japan’s typically consultative approach to development.<img src="https://photo-assets.superyachttimes.com/photo/383468/image/large-2b1981d49f0e55f8c80833e79a54aa14.jpg" data-gid="gid://syiq/Photo/383468">Read:&nbsp;<a data-gid="gid://syiq/Article/65118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A new chapter for Asia: Japan’s rise as a cruising destination (2026-01-09 16:15:00 +0100)">A new chapter for Asia: Japan’s rise as a cruising destination</a> Implications for Kobe and Japan as a yachting destinationKobe Marina is intended to strengthen Japan’s appeal as a cruising destination by providing a dedicated base for visiting large yachts in a market where purpose-built infrastructure has historically been limited. Beatty highlighted the marina’s city-centre location as a key advantage, noting that “everything’s a walking distance”, with “five minutes’ walk and you run into shops and boutiques and restaurants.”He added that downtown Kobe already offers a range of very high-end retail and hospitality within close proximity of the waterfront. While the consortium expects some retail and food and beverage outlets to form part of the marina’s future offering, Beatty suggested it would remain selective: “We’re only going to have a few shops in the marina, although we will have one very nice restaurant to be developed by Plan-Do-See (one of the consortium members) and some other café style coffee shops, wine bars and more.”<img src="https://photo-assets.superyachttimes.com/photo/383465/image/large-3a473d24be1a565e6407c5313fcc5cdd.png" data-gid="gid://syiq/Photo/383465">However, Beatty acknowledged that destination readiness extends beyond berthing alone. While maintenance support is available nearby, including a yacht-focused facility in Himeji, around 55-kilometres from Kobe, that can accommodate vessels of up to around 35-metres, he noted that “the yards in Japan, unless you bring people in from outside, are not geared up for a full refit as we would understand it in Europe or the US.” Beatty suggested that this limitation does not necessarily affect cruising activity, as routine maintenance work can still be carried out locally, including bottom painting, five-year surveys, HVAC and refrigeration servicing, electrical works and metal fabrication. He added that dry dock capacity is available for a range of yacht sizes, although these facilities are often busy, making advance planning important.Beyond the immediate waterfront, Beatty argued that the development could support efforts to reposition Japan as a cruising destination for international yachts. “The cruising potential in Japan is incredible,” he said, pointing to the diversity of cruising areas and the scale of the coastline as factors that could encourage repeat visitation. He also highlighted Kobe’s accessibility, describing it as close to the geographical centre of Japan and supported by major transport links, including three airports and high-speed rail connections.<img src="https://photo-assets.superyachttimes.com/photo/383466/image/large-995d5873208c4fea803b97006850f733.png" data-gid="gid://syiq/Photo/383466">For Beatty, the marina’s location within downtown Kobe is central to its appeal. “We don’t want a boat parking lot,” he said. “We want a vibrant destination marina where superyachts can stay as long as they want, weeks, months, years.” He added that the marina intends to offer berth leases for larger yachts, drawing comparisons with long-term arrangements commonly seen in parts of the Mediterranean.<img src="https://photo-assets.superyachttimes.com/photo/341863/image/large-fc2f7344eb9ffc8ef4fb0d9aa7bf0f7e.jpg" data-gid="gid://syiq/Photo/341863">Path to operational readinessPiling installation is expected to begin around June, with shore power and floating dock infrastructure scheduled to follow later in 2026. Beatty indicated that the marina remains targeted to be fully operational in early 2027, while the marina building may follow later as plans for the onshore facilities are finalised.<img src="https://photo-assets.superyachttimes.com/photo/382114/image/large-baf3ecfb0e038e562c1abbcc141260e6.png" data-gid="gid://syiq/Photo/382114"> Asia-Pacific Superyacht Summit 2026Following two successful editions in Hong Kong, the <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape, alongside broader regulatory, operational and investment trends across the region.The <a href="https://www.superyachttimes.com/events/asia-pacific-superyacht-summit-2026-3rd-edition" target="_blank">Asia-Pacific Superyacht Summit</a> brings together owners, operators and industry stakeholders to explore how emerging and established markets can work together to support sustainable, year-round superyacht activity across Asia-Pacific.Early Bird tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" target="_blank">here</a>. <img src="https://photo-assets.superyachttimes.com/photo/383569/image/large-2a8227ecf31621b49ee3fa2ffecf7ce5.png" data-gid="gid://syiq/Photo/383569">

Progress update on Japan’s first dedicated superyacht marina

SuperYacht Times speaks with consortium member Nigel Beatty on progress at Kobe Marina since APSS Hong Kong and Japan’s cruising potential.

Kobe Marina: Progress update on Japan’s first dedicated superyacht marina

Three large yachts have been destroyed and sunk, with a fourth sustaining significant damage, following a fire at the Spit Marina in Mosman, on Sydney’s north shore in Australia last week. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/382441/image/large-227401ca335914b399900904e4d9c730.jpg" data-gid="gid://syiq/Photo/382441">Fire and Rescue NSW (FRNSW) firefighters were called in the early hours on Friday 9 January 2026 with reports that more than 40 firefighters were called to the scene at 3:21am, alongside the Port Authority of NSW firefighting vessel, Girawaa. &nbsp;Details surrounding the vessels are yet to be determined, but SuperYacht Times believes they might include the 25.91-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> 85 yacht <a data-gid="gid://syiq/Yacht/7674" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Aqua25.91m (85'0&quot;)Princess Yachts2010">Aqua</a> and a <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> yacht. <img src="https://photo-assets.superyachttimes.com/photo/382439/image/large-91cfc8d4f210b7a13f9c20b84006a796.jpg" data-gid="gid://syiq/Photo/382439">It took FRNSW approximately 2.5 hours to extinguish the fire, with the Environment Protection Authority deploying booms to contain debris and material, including oil and fuel.An investigation is currently underway regarding the cause of the fire.<img src="https://photo-assets.superyachttimes.com/photo/382440/image/large-5282ed1296b604dd6040a51d1880ba6c.jpg" data-gid="gid://syiq/Photo/382440">The Spit Marina offers 106 secure wet berths for vessels up to 50 metres, including dedicated superyacht berths and 60 swing moorings in Quakers Hat &amp; Pearl Bay. It’s one of Sydney’s premier spots for luxury berthing and on-water convenience. SuperYacht Times will continue to follow this story and update if/when new information becomes available.

Three yacht fire in Spit Marina Sydney, Australia

Three large yachts have been destroyed and sunk, with a fourth sustaining significant damage, following a fire at the Spit Marina, Sydney, Australia.

Three yachts sink and another badly damaged following fire in Spit Marina, Sydney

Enrico Chhibber speaks with Japan-based yachting experts to explore recent regulatory reforms and infrastructure developments that are gradually positioning Japan as a more accessible and appealing destination for superyachts. When it comes to attractive superyacht destinations in Asia, Thailand has traditionally taken the spotlight. Japan, meanwhile, has remained a lesser-known cruising ground and has often been viewed as logistically challenging. Today, however, that narrative is changing, as Japan begins to reposition itself on the global yachting map. <img src="https://photo-assets.superyachttimes.com/photo/370701/image/large-fccdf0ce93277bda47184d5f87855515.jpg" data-gid="gid://syiq/Photo/370701">The Japanese archipelago, comprising more than 14,000 islands and stretching over 34,000 kilometres of coastline, spans approximately 3,000 kilometres from north to south. With climates ranging from the snowy winters of Hokkaido to the subtropical warmth of Okinawa, the country offers year-round cruising opportunities and a broad range of geographical and cultural experiences.Yet despite these natural advantages, Japan has not historically appealed to the international superyacht community. Regulatory complexities and limited marina infrastructure for larger vessels have, until recently, presented notable hurdles to its development as a cruising destination. This landscape is now beginning to evolve. Since 2021, a series of regulatory reforms have made it easier for privately registered, foreign-flagged yachts to enter and cruise Japanese waters.Further momentum followed in December 2024 with the announcement of Superyacht Base Kobe Marina, which is currently under construction, with a full yacht service opening in 2026 and a full opening with surrounding infrastructure taking place in 2027. The project is intended to help address longstanding infrastructural limitations and support Japan’s efforts to attract more superyacht tourism.<img src="https://photo-assets.superyachttimes.com/photo/370696/image/large-5ef3ac54fac761e21641b06208086062.jpg" data-gid="gid://syiq/Photo/370696"> Marina infrastructure development in JapanAlthough Japan’s general maritime infrastructure is well developed, facilities specifically designed for superyachts remain limited. <a data-gid="gid://syiq/Person/935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nigel Beatty, United Kingdom (Person)">Nigel Beatty,</a> yacht broker at YACHTZOO and Chairman of the <a data-gid="gid://syiq/Company/7320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Association (Company)">Asia-Pacific Superyacht Association</a>, observed that while the country is well-equipped overall, it lacks dedicated infrastructure tailored to the operational needs of larger yachts. “Infrastructure is brilliant in Japan, but if you're talking about purely superyacht infrastructure, then we are lacking a little bit,” he said.In most cases, visiting yachts cruise along the coast, anchoring near beaches or making brief stops at town piers. According to Beatty, this pattern highlights the need for more structured superyacht hubs and ports where large yachts can access services such as mooring, refuelling, provisioning, and guest handling. “When you go cruising, you anchor or tie up at a town pier for a night, then move on,” he explained. “But you also need hubs, places where yachts can come in and operate with proper support.”Some capacity does exist. A marina in Fukuoka, for example, can currently host a small number of larger vessels. However, the most significant development is taking place in Kobe, where a new marina is under construction. Announced in late 2024, Superyacht Base Kobe Marina is being developed to accommodate yachts up to 80-metres in length for stern to dockage and any size for alongside dockage. Just in the last few weeks the facility has accommodated a 70-metre and a 117-metre. Beatty noted that the basin is roughly half the size of Port Hercule in Monaco.Yukio Shintani of <a data-gid="gid://syiq/Company/1132" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Creation Marine (Company)">Creation Marine</a>, a lead investor who has played a role in coordinating stakeholders for the Kobe project, confirmed the marina is being established as a destination facility and is expected to open within two years. Once complete, it will serve as one of the first ports in Japan specifically designed to support visiting superyachts at scale.While Japan does not yet offer the density of dedicated infrastructure found in more established superyacht destinations, ongoing developments suggest a gradual shift toward greater accessibility and operational support.<img src="https://photo-assets.superyachttimes.com/photo/104219/image/large-c94403a78cad4fa52830c3e4d2898030.jpg" data-gid="gid://syiq/Photo/104219"> Before the Change: Superyacht regulations in Japan prior to 2021 Although foreign-flagged superyachts were technically permitted to enter and cruise in Japan before 2021, a combination of bureaucratic complexity and limited facilities made the country a difficult destination to navigate. As Nigel Beatty noted, “Whether commercially or privately registered, Japan never really drew a strong distinction between yacht types. Superyachts have technically been able to visit Japan for quite some time. The issue was the bureaucracy involved. While we used to manage it, the process was labour-intensive, and that translated into high costs for visiting yachts.”Japan did offer a relative advantage for crew from visa waiver countries. “There have always been positive aspects to cruising in Japan,” Beatty added. “For example, if you were from a visa waiver country, such as those in Europe or North America, you could enter Japan by yacht and remain for up to 90 days as a tourist, even as crew.”However, crew from non-waiver countries such as South Africa, India, and the Philippines, who represent a significant portion of the global yachting workforce, faced more complications. These individuals were required either to obtain a visa in advance or rely on a short-term crew pass valid for just 14 days. “Renewing it involved leaving the country and re-applying at an immigration office,” Beatty said. “Approval often depended on the discretion of the local immigration office, which made the process inconsistent and inefficient.”<a data-gid="gid://syiq/Person/4301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenta Inaba, Japan (Person)"></a><a data-gid="gid://syiq/Person/4301" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kenta Inaba, Japan (Person)">Kenta Inaba</a>, President and Partner at <a data-gid="gid://syiq/Company/6572" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Super Yacht Logistics Japan (Company)">Super Yacht Logistics</a>, described how procedural rigidity once defined the experience for visiting yachts. “In the past, every time a yacht entered Japan, we had to process customs, immigration and quarantine, not just on arrival but again at each subsequent port,” he explained. “When I started in this business, I had to submit a full list of every port the yacht was planning to visit. But yachts don’t follow fixed routes like commercial vessels. Their movements are often dictated by weather and anchorage conditions, which makes rigid planning difficult.”Even minor navigational changes could create problems. “If a yacht was anchored and the wind shifted, they might need to move to another part of the bay. But if that area wasn’t listed in the original plan, it became an issue,” Inaba said. “Even bringing something as simple as a bottle of beer back onboard required paperwork.” The system, he added, was not designed with yachts in mind. <img src="https://photo-assets.superyachttimes.com/photo/298475/image/large-124d7d95e2299e38d8fd95f9b6b90929.jpg" data-gid="gid://syiq/Photo/298475">Turning Point: The 2021 regulatory reformsRegulatory changes introduced in 2021 significantly altered how Japan manages visiting superyachts. Previously constrained by complex procedures, foreign-flagged vessels now benefit from a more streamlined regulatory environment. “Much of that red tape has now been removed,” Beatty said.One of the most significant adjustments was the introduction of the Naikosen (similar to a cruising permit). After completing initial customs, immigration and quarantine procedures, yachts can apply for the permit, which, along with a blanket Closed Port Permit, removes the requirement to file repeated clearances at each domestic port. “Yachts used to be required to declare every intended stop in advance, which was completely impractical,” Inaba said. “Now, they have the flexibility to change course depending on conditions.”One of the more favourable regulations that was always in place in Japan is that foreign registered vessels remain indefinitely in Japan allowing for longer and more adaptable cruising schedules and possibly basing themselves in the country long term. Changes to crew entry procedures have addressed previous constraints. The introduction of the Multiple Landing Permit, or “Crew Pass,” allows foreign crew to remain in Japan for the duration of the yacht’s stay; and even up to one year. This replaces the former 14-day restriction that often-required multiple renewals and placed a disproportionate burden on those from non-waiver countries. The Crew Pass allows crew ashore in the local areas that the yacht will be for yacht business, shopping or sightseeing.Crew from countries covered by Japan’s visa waiver programme continue to benefit from 90-day tourist access, allowing for greater flexibility to travel ashore or explore the length while the vessel is in port.Together, these updates have reduced many of the operational constraints that previously discouraged superyacht visits. Japan is now better aligned with international practices and more accessible to a global yachting audience; and in some areas have more favourable regulations than well-established yachting countrie<img src="https://photo-assets.superyachttimes.com/photo/298430/image/large-ae231a89fb0e19e109ca66eda85be1ac.jpg" data-gid="gid://syiq/Photo/298430">Looking AheadJapan’s regulatory progress in recent years has laid important groundwork, but further improvements will be necessary to support charter activity. In particular, foreign-flagged, commercially registered yachts still face regulatory hurdles when seeking to operate charters in Japanese waters. Shintani acknowledged this ongoing challenge. “I want to try to create everything for the foreign-flagged yacht to charter. This is our mission.”While Japanese-flagged yachts can operate commercially, the charter process for foreign-flagged vessels remains undecided, however moves are afoot to make a rule for foreign charter yachts with a charter contract already developed by <a data-gid="gid://syiq/Company/3581" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Dickinson Llp (Company)">Hill Dickinson</a> and <a data-gid="gid://syiq/Company/7320" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Association (Company)">Asia Pacific Superyacht Association</a>, which navigates specific Japanese regulations. The solution to this issue will be an important next step in positioning Japan as a competitive superyacht destination in the Asia-Pacific region. This article was first published in issue 54 of the SuperYacht Times newspaper, available for&nbsp;<a data-gid="gid://syiq/Article/64033" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Download Issue 54 of the SuperYacht Times newspaper now (2025-08-19 10:00:00 +0200)">download here.</a> <img src="https://photo-assets.superyachttimes.com/photo/382114/image/large-baf3ecfb0e038e562c1abbcc141260e6.png" data-gid="gid://syiq/Photo/382114">Asia-Pacific Superyaht Summit 2026 Following two successful editions in Hong Kong, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">Asia-Pacific Superyacht Summit</a> will move to Japan in 2026. The <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">event</a> will take place on Thursday 7 and Friday 8 May in Kobe, hosted at Hotel La Suite Kobe Oceans Garden.As Japan continues to open its market to international superyacht traffic and expand its marina and service infrastructure, the <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">summit</a> will examine how the country is positioning itself within the wider Asia-Pacific yachting landscape, alongside broader regulatory, operational and investment trends across the region.The <a data-gid="gid://syiq/Event/325" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2026 - 3rd Edition">Asia-Pacific Superyacht Summit</a> brings together owners, operators and industry stakeholders to explore how emerging and established markets can work together to support sustainable, year-round superyacht activity across Asia-Pacific.Early Bird tickets are available <a href="https://www.eventbrite.nl/e/asia-pacific-superyacht-summit-2026-tickets-1979724982716?aff=oddtdtcreator" rel="noopener noreferrer" target="_blank" title="">here</a>.&nbsp;

A new chapter for Asia: Japan’s rise as a cruising destination

Japan is emerging as Asia’s newest superyacht destination, driven by regulatory reform and new marina infrastructure including Superyacht Base Kobe. 

A new streamlined administrative process has been launched to allow foreign yachts to sail freely between Abu Dhabi and Dubai from January 2026. The new protocol is designed to streamline yacht movement and elevate the UAE’s yachting experience. <img src="https://photo-assets.superyachttimes.com/photo/381143/image/large-5a93b42afa19898a8603a00bee753194.jpeg" data-gid="gid://syiq/Photo/381143">The streamlined system removes duplicate clearance procedures, allowing foreign-flagged yachts to move between the two emirates with a single recognised sailing permit. For the first time, sailing permits issued by either Abu Dhabi or Dubai will be honoured across both emirates, eliminating the need for repeated approvals or local entry and exit processing, which will reduce waiting times, documentation requests, and administrative costs as a mutually recognised permit issued by either emirate will grant seamless passage between the two cruising hubs.Central to the change is a new digital information bridge powered by the Early Inquiry System. Instead of submitting vessel, crew, and passenger details separately to each emirate, the UAE will rely on a shared platform using the Early Inquiry System API, enabling maritime authorities across Abu Dhabi and Dubai to access yacht data digitally and in real time.The initiative is the result of extensive coordination by Abu Dhabi Maritime and the Dubai Maritime Authority, working alongside several federal agencies, including the National Guard, Dubai Customs and the Federal Authority for Identity, Citizenship, Customs and Port Security.The move emphasises a united commitment to develop the UAE’s maritime sector and reinforce its appeal as a premier destination for international yacht tourism.Read:&nbsp;<a data-gid="gid://syiq/Article/65104" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority launches ‘first of its kind’ guide for coastal tourism (2026-01-08 12:00:00 +0100)">Saudi Red Sea Authority launches ‘first of its kind’ guide for coastal tourism</a> <img src="https://photo-assets.superyachttimes.com/photo/285495/image/large-509e6a4c-4303-42de-97f1-d7c7a254408c.jpeg" data-gid="gid://syiq/Photo/285495">Speaking on the development, Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum, CEO of the Dubai Maritime Authority, said the initiative reflects Dubai’s commitment to growing yacht visitation and enhancing the UAE’s profile as a world-class maritime destination.Captain Saif Al Mheiri, CEO of <a data-gid="gid://syiq/Company/6497" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Abu Dhabi Maritime (Company)">Abu Dhabi Maritime</a>, echoed the sentiment, highlighting that the reform will make it easier than ever for foreign yachts to explore UAE waters and boost competitiveness as global yachting hubs.The reform is expected to make Abu Dhabi and Dubai yacht cruising more attractive for foreign superyachts, extended yacht charters and international private yacht owners visiting the UAE. The UAE expects to stimulate further growth in marine tourism, attract more visiting yachts and position the Emirates as one of the most accessible cruising destinations in the Gulf.The new policy follows increased investment in marinas, infrastructure and tourism offerings across the country, ranging from Abu Dhabi’s island complexes and cultural landmarks to Dubai’s marinas, yacht clubs and luxury hotels. The removal of borders at sea is expected to attract more foreign yachts to UAE waters and bolster the nation’s growing marine tourism economy without administrative interruptions. <iframe width="640" height="360" src="https://www.youtube.com/embed/XrALjqyeJKk?&amp;wmode=opaque" frameborder="0" allowfullscreen="" class="fr-draggable"></iframe> The Gulf Superyacht Summit 2026As the Middle East’s maritime sector continues to flourish, the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" target="_blank">Gulf Superyacht Summit</a> will return in December to the region in 2026. Further details are yet to be announced, but early registration will be announced in due course and includes priority access to dinners and discounts on ticket prices. You can also watch our video on why the <a href="https://www.superyachttimes.com/events/gulf-superyacht-summit-2025" target="_blank">Gulf Superyacht Summit&nbsp;</a>should be on your 2026 event calendar here.Moreover, if you are interested in becoming a speaker at the 2026 edition of the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>, then reach out to us at news@superyachttimes.com.We also have a variety of sponsorship opportunities available which provide you and your team with exposure and access to the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a>. To explore these further, contact our sales team at sales@superyachttimes.com.&nbsp;Finally, you can stay up-to-date with all news regarding the <a data-gid="gid://syiq/Event/280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2025">Gulf Superyacht Summit</a> by signing up to our newsletter here, which provides updates, insights and information regarding the event each year.

Foreign yachts to sail freely between Abu Dhabi and Dubai

From January 2026, foreign yachts can cruise freely between Abu Dhabi and Dubai with a single sailing permit under a new protocol.

Foreign yachts to sail freely between Abu Dhabi and Dubai from 2026

SUTL Enterprise Limited has signed an agreement to acquire <a data-gid="gid://syiq/Company/2017" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marina at Keppel Bay (Company)">Marina at Keppel Bay</a> from Keppel Bay Pte Ltd for a consideration of $40 million Singaporean dollars, with completion expected in the second half of 2026.<img src="https://photo-assets.superyachttimes.com/photo/381643/image/large-41d75d80b5dcdcde77710b83bdb814a0.jpg" data-gid="gid://syiq/Photo/381643">Upon completion, the marina will be rebranded as <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Keppel Bay and will add a further 166 berths to the Group’s portfolio, including superyacht berthing capabilities for vessels up to 85 metres.&nbsp;Combined with the existing 270-berth <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15 Marina</a> Sentosa Cove, the acquisition will see SUTL Enterprise become the largest owner and operator of integrated marinas in Singapore, with a total of 436 berths across two locations.“We have been actively seeking opportunities in the Asia Pacific region to grow our business,” explained Arthur Tay, Chief Executive Officer of SUTL Enterprise. “Once completed, the proposed acquisition will enlarge <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a>’s regional footprint and strengthen our Group’s position as one of the largest marina operators in Asia.”Marina at Keppel Bay is strategically located within Singapore’s Greater Southern Waterfront and serves more than 10,000 public and private residential units. As a centrally positioned mainland marina, it offers strong connectivity to surrounding residential, commercial and tourism precincts, complementing the island-based Sentosa Cove marina.SUTL Enterprise plans to invest in infrastructure modernisation at the Keppel Bay site following completion. The plans include phased upgrades to clubhouse amenities, improvements to berthing infrastructure and services, the introduction of new retail spaces, and the integration of lifestyle and wellness concepts.In addition to commercial development, SUTL Enterprise intends to extend its environmental and community initiatives currently in place at Sentosa Cove to the Keppel Bay site. These include the expansion of its Blue Water EduFest programmes, further development of the marina’s coral garden to support local marine biodiversity and a satellite expansion of the Singapore Yachting Festival across both marinas. The annual event is organised by <a data-gid="gid://syiq/Company/2015" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One °15 Marina (Company)">ONE°15</a> Events Management, a subsidiary of SUTL Enterprise.“Our new addition will enhance the value of a ONE°15 membership, making it more attractive to members who will gain access to an expanded network, curated fresh experiences, as well as diverse lifestyle activities across all our marinas,” concluded Tay.

SUTL Enterprise to acquire Marina at Keppel Bay

SUTL Enterprise Limited has signed an agreement to acquire Marina at Keppel Bay for a consideration of $40 million Singaporean dollars.

SUTL Enterprise to acquire Marina at Keppel Bay for S$40 million

Italian yacht builder <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has denied rumours that they had a possible interest in acquiring <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">The Italian Sea Group (TISG)</a>.<img src="https://photo-assets.superyachttimes.com/photo/397066/image/large-cec8e87de7ad8613fc332951b5703d7a.jpg" data-gid="gid://syiq/Photo/397066">According to the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, press articles had reported that they were in negotiations with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> to acquire the entire share capital or the main assets. <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> clarified that at present no negotiations to that effect are underway with <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> or its shareholders.“At the same time, as a leading player in the Italian yachting industry and in line with its external growth strategy, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a> continuously evaluates and assesses potential opportunities that may arise in the market,” commented <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>.The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> closed their statement by confirming that if they were to proceed with any transactions, it would inform the market in compliance with terms and conditions required by law.In February 2026, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> announced that Chairman Filippo Menchelli and Vice Chairman Marco Carniani had resigned, with Giovanni Costantino elected as Chairman of the Board of Directors.The following week, <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a> launched a forensic investigation into internal overspending and financial irregularities. KPMG was appointed to conduct an independent forensic due diligence review, as a result of the actions made possible by a group of individuals within <a data-gid="gid://syiq/Company/5565" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="The Italian Sea Group (Company)">TISG</a>.&nbsp;Since then, the Court of Florence has granted protective measures restricting creditors from initiating or continuing enforcement actions against the company’s assets, including vessels currently under construction. Last week, these measures were partially lifted for five shipowners.Read more: <a data-gid="gid://syiq/Article/66308" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Florence court lifts protective measures for five The Italian Sea Group yacht contracts (2026-06-11 10:00:00 +0200)">Florence court lifts protective measures for five The Italian Sea Group yacht contracts</a>The <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> is not the only company that has denied acquisition rumours for TISG. In March 2026, German yacht builder <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> told SuperYacht Times that <a data-gid="gid://syiq/Article/65574" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen not considering acquiring The Italian Sea Group (2026-03-09 14:00:00 +0100)">the company had not considered acquiring TISG</a>.&nbsp;

Ferretti Group denies The Italian Sea Group acquisition rumours

Italian yacht builder Ferretti Group has denied rumours that they had a possible interest in acquiring The Italian Sea Group (TISG).

<a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> has announced the keel laying for Inkfish's new 100-metre research vessel, <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> at the <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> Shipyard in Brăila, Romania. Known during construction as NB 999, the vessel will be the first research platform purpose-built for Gabe Newell’s research organisation.<img src="https://photo-assets.superyachttimes.com/photo/397061/image/large-d35a472dcc679e61841c880a2655ea40.jpeg" data-gid="gid://syiq/Photo/397061">Developed from the <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> 9 33 platform, <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> represents a contract of more than €200 million. Upon delivery, she will join Inkfish's expanding fleet alongside 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> and the 68.28-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>.<img src="https://photo-assets.superyachttimes.com/photo/365665/image/large-908318675f42f6a91544e68f54985a77.png" data-gid="gid://syiq/Photo/365665">Read more:&nbsp;<a data-gid="gid://syiq/Article/64326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco (2025-09-25 13:30:00 +0200)">From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco</a><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> is designed to support deep-ocean exploration and scientific operations. She will be equipped with a remotely operated vehicle capable of operating at depths of up to 6,000-metres. Like the rest of the Inkfish fleet, she will contribute to global marine research efforts and share collected data through open-access scientific repositories.<img src="https://photo-assets.superyachttimes.com/photo/397058/image/large-4eb30edccf76f557eef22493215f51d9.jpeg" data-gid="gid://syiq/Photo/397058">The project is the result of a collaborative design programme initiated in early 2024 between Inkfish and its UK-based technical advisers, <a data-gid="gid://syiq/Company/7198" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="YTMC Limited (Company)">YTMC</a>. With a beam of 20.7-metres, <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> will be able to accommodate up to 70 people, including scientists and crew. Onboard, she will feature state-of-the-art laboratories, office spaces and workshops, complemented by high-quality accommodation and leisure facilities designed for extended missions at sea.<img src="https://photo-assets.superyachttimes.com/photo/397059/image/large-a5ea1a627ba59ada6647e8daad68fc5d.jpeg" data-gid="gid://syiq/Photo/397059">The vessel will utilise a hybrid power and propulsion arrangement and is expected to reach a top speed of 15 knots. Her hull has been engineered to optimise seafloor mapping performance while delivering enhanced seakeeping capabilities. Anti-roll technology will help reduce vessel motion and accelerations, while dynamic positioning systems will allow her to maintain precise station-keeping during scientific operations.<img src="https://photo-assets.superyachttimes.com/photo/365663/image/large-c61127683cf23a8c4c8a30a5e12daadd.png" data-gid="gid://syiq/Photo/365663">Following hull construction, <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> will proceed to <a data-gid="gid://syiq/Company/4590" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard Group AS (Company)">Vard</a> Søviknes for final outfitting, commissioning and delivery. Together with <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>, she forms part of Gabe Newell’s expanding research fleet.Read more about RV11000: <a data-gid="gid://syiq/Article/66207" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vard signs €700M contract with Gabe Newell’s Inkfish for 162m research vessel (2026-05-29 14:00:00 +0200)">Vard signs €700M contract with Gabe Newell’s Inkfish for 162m research vessel</a>Newell is the co-founder, president and majority owner of the video game company Valve Corporation. He is also the owner of Inkfish and a shareholder in Dutch yacht builder <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a>.<img src="https://photo-assets.superyachttimes.com/photo/372661/image/large-efbaa1c91bfa6988f938d8e2732895dd.jpg" data-gid="gid://syiq/Photo/372661">Read more: <a data-gid="gid://syiq/Article/63947" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gabe Newell buys Oceanco (2025-08-01 10:15:00 +0200)">Gabe Newell buys Oceanco</a>In September 2025, Newell revealed in an <a data-gid="gid://syiq/Article/64326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="From gaming to yachting: Gabe Newell on life at sea and building the future with Oceanco (2025-09-25 13:30:00 +0200)">exclusive interview with SuperYacht Times</a> that he owns 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="Rocinante78.4m (257'3&quot;)Lürssen Yachts2008">Rocinante</a>, 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>, the 92.8-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht <a data-gid="gid://syiq/Yacht/4018" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Draak92.8m (304'6&quot;)Oceanco2014">Draak</a>, and the 111-metre <a data-gid="gid://syiq/Company/64" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oceanco (Company)">Oceanco</a> yacht <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>.As previously noted, his research platforms include <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>, operating as a full-ocean-depth surface support vessel, and <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>, designed for coastal research and scientific studies.

Vard research vessel RV6000 keel laid

Vard has marked a major construction milestone for Inkfish's new 100-metre research vessel, RV6000.

Construction begins on Gabe Newell's 100m Inkfish research vessel RV6000

<img src="https://photo-assets.superyachttimes.com/photo/397057/image/large-4de87309467dff8f61f6d021318d49d1.jpg" data-gid="gid://syiq/Photo/397057">The 43-metre <a data-gid="gid://syiq/Company/2405" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hike Metal Works (Company)">Hike Metal Works</a> explorer yacht <a data-gid="gid://syiq/Yacht/3859" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Friendly Confines43.0m (141'1&quot;)Hike Metal Works2006">Friendly Confines</a> was spotted docked in Dublin, Ireland, late last May. According to AIS data, she is currently in Bergen, Norway, having arrived from Belfast earlier this month.Delivered in 2006 by the Canadian shipyard, the yacht was formerly known as Marcato and Copasetic. More recently, <a data-gid="gid://syiq/Yacht/3859" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Friendly Confines43.0m (141'1&quot;)Hike Metal Works2006">Friendly Confines</a> underwent an extensive refit at <a data-gid="gid://syiq/Company/4473" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="STP Shipyard Palma (Company)">STP Shipyard Palma</a> between 2025 and 2026. Among her defining exterior features is a blue hull, which complements her rugged explorer profile.Her interiors were designed by <a data-gid="gid://syiq/Company/489" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast Design Studio (Company)">Gold Coast Design Studio</a>, while naval architecture and exterior design were penned by <a data-gid="gid://syiq/Company/2432" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Guarino & Cox (Company)">Guarino &amp; Cox</a>. With an internal volume of 491 GT, she can accommodate up to 12 guests across five well-appointed staterooms, attended by a crew of seven.In terms of propulsion, <a data-gid="gid://syiq/Yacht/3859" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Friendly Confines43.0m (141'1&quot;)Hike Metal Works2006">Friendly Confines</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, enabling a cruising speed of 13 knots and a top speed of 14 knots.

43m explorer yacht Friendly Confines in Dublin

The 43-metre Hike Metal Works explorer yacht Friendly Confines was spotted docked in Dublin, Ireland.

The 49.8-metre <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> superyacht <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> sold in a deal with <a data-gid="gid://syiq/Company/1550" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marine Marketing (Company)">Marine Marketing</a> introducing the buyer, alongside Nathan Farrelly of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a> and <a data-gid="gid://syiq/Company/4795" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="One Brokerage Australia (Company)">One Brokerage Australia</a>. <img src="https://photo-assets.superyachttimes.com/photo/397051/image/large-5a5dce9decb30e6d016cb98d7fde34c4.jpg" data-gid="gid://syiq/Photo/397051">Delivered in 2018 as part of the <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> 5000 Semi-Displacement series, <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> features exterior design by <a data-gid="gid://syiq/Company/55" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Omega Architects (Company)">Omega Architects</a>, with interior design penned by <a data-gid="gid://syiq/Company/205" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cristiano Gatto Design (Company)">Cristiano Gatto Design</a> and naval architecture by her Dutch builder <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a>.<a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> can comfortably accommodate up to 12 guests across a six stateroom configuration, with her master suite situated on the main deck forward, while her VIP suite, two doubles and two twin staterooms can be found on the lower deck.In terms of performance, <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> is equipped with twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, which propel her to a top speed of 23 knots and a cruising speed of 12 knots. At the time of the sale, <a data-gid="gid://syiq/Yacht/6105" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Daisy D49.8m (163'5&quot;)Heesen Yachts2018">Daisy D</a> had a last known asking price of €28,500,000.&nbsp;

Daisy D: 50m Heesen yacht sold

The 49.8-metre Heesen superyacht Daisy D sold, with a last known asking price of €28,500,000.

50m Heesen superyacht Daisy D sold

The 30.48-metre <a data-gid="gid://syiq/Company/466" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hatteras Yachts (Company)">Hatteras</a> motor yacht <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> sold in a deal with Iain Lawrie of <a data-gid="gid://syiq/Company/322" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merle Wood & Associates, Inc. (Company)">Merle Wood &amp; Associates</a> introducing the buyer and Michael Zaidan of <a data-gid="gid://syiq/Company/5149" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Borden and Associates Yacht Sales (Company)">Borden &amp; Associates Yacht Sales</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/397019/image/large-1adf3cf22ae9625acf3be275898f7595.jpg" data-gid="gid://syiq/Photo/397019">Delivered in 2001, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/326" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jack Hargrave (Company)">Jack Hargrave</a>. Spanning 180 GT, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> can comfortably accommodate up to 10 guests across a five stateroom configuration.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> can reach a top speed of 24 knots and a cruising speed of 18 knots, thanks to 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. At the time of her sale, <a data-gid="gid://syiq/Yacht/4478" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunday Money30.48m (100'0&quot;)Hatteras Yachts2001">Sunday Money</a> had a last known asking price of $1,450,000.(Image courtesy of Merle Wood &amp; Associates.)

Sunday Money: 31m Hatteras yacht sold

The 30.48-metre Hatteras motor yacht Sunday Money sold with a last known asking price of $1,450,000.

31m Hatteras motor yacht Sunday Money sold

Travelling to Sydney, Leona Caanen speaks with Luke Geelan, family man and owner of the&nbsp;<a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a>&nbsp;fleet.Growing up with a passion for boating, and especially fishing, is Luke Geelan, Sydney native and owner of the 35.05-metre motor yacht <a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a>. Having spent most of his life around the water, it seems only natural for Luke to have moved into the world of boating. Overtime the yacht has come to resemble not only a connection to his past, but also to his future, getting to enjoy it with his family and friends, as well as sharing it with charter guests.<img src="https://photo-assets.superyachttimes.com/photo/388213/image/large-0b83e89d1054e69437b37ff303a35921.jpg" data-gid="gid://syiq/Photo/388213">A family passionGrowing up on a river in Sydney, Luke was introduced to the rhythms of tide and weather from an early age. “I’ve grown up with a passion for boating, my father taught me to water ski and sail as a young child” Luke shares. Over time, Luke exchanged sailing for wakeboarding and eventually game-fishing, depending his passion for being out at sea. This passion has remained a constant factor in Luke’s life, deepening even further once he could share it with his own kids.A few years ago, Luke sold his business and decided to step into boating in a more deliberate way by acquiring the 35-metre motor yacht <a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a>, built by <a data-gid="gid://syiq/Company/554" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lloyds Ships (Company)">Lloyd Ships</a> in Australia in 1986. Purchasing her in 2024, the yacht allowed for Luke and his family to explore the Australian coast with more comfort, as well as for them to get to share their passion for the sea. “My two boys are especially big on game fishing, and my daughter is very passionate about snorkelling and marine life”, says Luke. By acquiring <a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a>, it allows for the family to share their passions with one another.<img src="https://photo-assets.superyachttimes.com/photo/396937/image/large-131bb2f788c31defa0822382f533d318.jpg" data-gid="gid://syiq/Photo/396937">A three-part refitAs <a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a> is from the 80s, she was in need of an upgrade when Luke purchased her. The refit has been phased and purposeful, with 2024 seeing the first of the three phases. The yacht spent September to November at the <a data-gid="gid://syiq/Company/3255" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gold Coast City Marina & Shipyard (Company)">Gold Coast City Marina &amp; Shipyard</a> where the bridge was upgraded, soft furnishings replaced and extensive paintwork completed. <img src="https://photo-assets.superyachttimes.com/photo/388209/image/large-c74eb7958e3e321e611bea0e2d9fee9c.jpg" data-gid="gid://syiq/Photo/388209">The second phase was centred around remodelling the saloon, with new flooring, carpeting and ceilings, as well as mechanical enhancements. Other upgrades included a beach club installation, complete with an inflatable pool, protective netting and a shaded cabana, which has proved particularly popular with charter guests. Possibly the most meaningful addition during this refit have been the zero-speed stabilisers, “my wife suffers from really severe seasickness, the stabilisers are essential in making the yacht comfortable for my family,” Luke shares.<img src="https://photo-assets.superyachttimes.com/photo/388210/image/large-06ec6524534531dc1f3ac942dd743803.jpg" data-gid="gid://syiq/Photo/388210"><a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a>’s third and final refit will take place in 2027 and will see an upgrade of the crew quarters. Originally, Luke had hoped to finalise the refit this year, but the yacht’s agenda, both in charter and personal use, is almost fully booked for the calendar year, and Luke wants to ensure there is enough time for the refit: “Our crew is so amazing, I'm super lucky to have what I believe is the best crew.<img src="https://photo-assets.superyachttimes.com/photo/388187/image/large-fde4622fb25e3e416358ace496ed0104.jpg" data-gid="gid://syiq/Photo/388187"><a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a>&nbsp;juniorYet the 35-metre motor yacht is only half the story. Six months after acquiring the mothership, Luke secured what he describes as Australia’s leading game fishing platform: a custom-built 17.7-metre (58’0”) Assegai sportfisher. Designed specifically for marlin fishing along the country’s east coast, the yacht is equipped with a gyro stabiliser and, more recently, a Furuno Omni Sonar System capable of scanning 360 degrees around the vessel to significant depths, providing a technological edge in a pursuit that still relies on instinct and patience.<img src="https://photo-assets.superyachttimes.com/photo/396954/image/large-96857bf8151cfcd655d86dc3d061d704.png" data-gid="gid://syiq/Photo/396954">The reason for acquiring the fishing vessel to cruise alongside the mothership are his sons. Luke shares that “my sons and I have been game fishing together for the last five years or so,” and have even partaken in various competitions in- and around Sydney. “We’ve won a couple of state titles and other competitions,” a hint of pride sits in Luke’s voice. “My children in particular, have a passion for fishing, and I've just shared that passion, and supported it”, he adds.Lukes really enjoys fishing with his family and friends, on a recent trip to the Great Barrier Reef, the Shore Thing 58' landed a 1,223 pound Black Marlin. Yet Luke is quick to note that they’re conscious about the way they fish. “We only catch what we eat; everything else goes right back in the ocean. We’re not hunters, we just fish for the joy of it.”<img src="https://photo-assets.superyachttimes.com/photo/388186/image/large-a98a34adf0095495d9e5f32f36eb458e.jpg" data-gid="gid://syiq/Photo/388186">The joy of cruisingSome of Luke’s most cherished moments onboard are those with friends and family. “We hosted my 50th birthday onboard,” Luke shares, having chartered the yacht to Whitehaven Beach, located in the Whitsundays, “there were about 40 guests, all friends and family.”&nbsp;Possibly Luke’s favourite memory is the recent Christmas holiday onboard. “Spending time with our family and another family, sitting around and just having deep belly laughs over some beautifully cooked meals by our chef onboard.” Luke describes this as delightful and quite possibly one of the most memorable times onboard. “Your kids grow up so quick, getting to share such a beautiful time together and feeling like, as your kids become young adults, that you can really share laughs and stories. It was just special.”<img src="https://photo-assets.superyachttimes.com/photo/396938/image/large-04bc34860fd9bc9b421321a8d9f42e09.jpg" data-gid="gid://syiq/Photo/396938">The beauty of being on a boat is that it ties everyone together, whether that is his own family and friends, or guests who charter the yacht, for Luke, the joy of owning <a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a> lies in “getting to share the joy with other people.”The yacht and her fishing counterpart offer not just a sense of luxury, but a space for guests to create memories and experience the beauty of the Australian coastline as they cruise <a data-gid="gid://syiq/Yacht/3832" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shore Thing35.05m (114'12&quot;)Lloyds Ships1986">Shore Thing</a> between the Great Barrier Reef, the Whitsundays and the Sydney Harbour.<img src="https://photo-assets.superyachttimes.com/photo/388177/image/large-2991a957e2fdb4ef0038789921600aa2.jpg" data-gid="gid://syiq/Photo/388177">

Owning the shore thing fleet 

A look inside Luke Geelan's charter fleet: his 35m Shore Thing and the 58' sport fisher chartering around Sydney.

"The joy of owning Shore Thing is getting to share it with others"

<a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom Yacht Equipment</a>&nbsp;has earned a prominent position in the superyacht supply chain for its bespoke boarding equipment, platforms, cranes, watertight doors and integrated control systems. Yet the engineering philosophy behind its custom-designed solutions is based on a resolutely modular approach.When Mervyn van der Ploeg was appointed managing director of <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom Yacht Equipment</a> in 2015, the company was going through a bad patch. It routinely redesigned everything from scratch for each new yacht project, leading to prototype-level inefficiencies and financial strain. A small but telling example is that it used to produce 32 different types of locking pins. Today, through a process of standardisation and modularisation, that number has been reduced to just two sizes.<img src="https://photo-assets.superyachttimes.com/photo/396743/image/large-c20dda6c39f046eea94eaa71057b9e2c.jpg" data-gid="gid://syiq/Photo/396743">“Previously, when designing a platform for a yacht, four different locking pins might have been specified, requiring multiple suppliers,” explains van der Ploeg. “Now, we buy 200 locking pins per year in two sizes from a single supplier at half the cost.”The process began by redesigning a prototype passerelle from scratch using a fully modular approach, which then became a template for other equipment. While remaining a supplier of custom equipment, modular components are now reused across <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>’s product range, reducing design complexity and streamlining production.“A key technical insight came from looking outside the yachting industry,” continues van der Ploeg. “For example, swivel joints originally designed for excavators have been incorporated into our gangways. These components are proven, industrial-grade and standardised, which means we can build highly reliable systems without reinventing core mechanisms.”In the ten years since van der Ploeg joined the company, turnover has more than doubled from €12 million to €25 million, driven by increased efficiency along with larger yachts and a rising demand for integrated equipment.<img src="https://photo-assets.superyachttimes.com/photo/396739/image/large-d48d0f06ceeb5a00cfda9bafe1c96878.jpg" data-gid="gid://syiq/Photo/396739">Make it modularThe spin-off from <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>’s modular way of thinking are innovations designed to maximise open space while eliminating visual clutter. Many of these solutions revolve around relocating drive systems into hinge lines and the platform structures themselves. In one recent project, a large side platform was initially conceived as two separate elements with a manually installed infill piece. While technically feasible, it was operationally awkward. Instead, by introducing an internal hinge drive already proven elsewhere, the entire system was re-engineered as a single monolithic platform. The infill was eliminated, deployment became faster, crew workload was reduced, and the geometry became cleaner.<img src="https://photo-assets.superyachttimes.com/photo/396744/image/large-4feaec6057dc57f70fe27a2f2a88296b.jpg" data-gid="gid://syiq/Photo/396744">The Sliding Stairs Access Hatch is another example. Developed in response to a request to optimise the passage from the main deck to the beach platform on <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship’s</a> 79.5-metre <a data-gid="gid://syiq/Yacht/11677" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Valor79.5m (260'10&quot;)Feadship2025">Valor</a>, <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>’s engineers merged door, hatch and boarding equipment components to create a completely new solution. Essentially, the staircases on each side of the pool form the hatch itself, with half of each staircase retracting into the deckhead like a gangway to provide access to the beach club.<img src="https://photo-assets.superyachttimes.com/photo/396742/image/large-bd76338bca2c0e5436acede35e416f93.jpg" data-gid="gid://syiq/Photo/396742">“This marked a next step in modular engineering for <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>,” says van der Ploeg. “Our approach not only accelerated the development process, but also showed how modularity enables flexible, cross-disciplinary solutions without compromising quality.”As both staircases form part of the watertight boundary of the vessel certified by Class, one of the main challenges was ensuring watertight integrity, given the angle at which the stair hatches are installed, as well as aligning the treads between the hatches and the fixed structures. In fact, sealing has become a central issue as stern structures grow more complex – folding, rotating and closing at compound angles. While inflatable seals are often the go-to solution and offer excellent theoretical performance, they also represent a single point of failure. <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> typically prefers D-profile rubber seals, which wear gradually, remain locally manageable, and allow temporary mitigation.<img src="https://photo-assets.superyachttimes.com/photo/396741/image/large-cf52ffb86158af5f4ac7a5922058d9b5.jpg" data-gid="gid://syiq/Photo/396741">“This approach is especially critical for Lloyd’s-certified watertight items such as split transom doors closing at different angles, where corners and junctions between curved surfaces become critical failure points,” van der Ploeg points out.Such solutions highlight how <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> has evolved beyond developing hardware to innovating the onboard experience, a strategy that has resulted in multiple patented solutions, from pop-up gangways embedded in the stern platform to protective cabrio covers engineered to fold, stack or nest completely out of sight when not in use. At the last edition of <a data-gid="gid://syiq/Company/4374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Metstrade (Company)">Metstrade</a>, the company presented five interactive aft deck models through immersive 3D visualisations showcasing how engineering, design and user experience increasingly converge in the early phases of yacht development.<img src="https://photo-assets.superyachttimes.com/photo/396745/image/large-b406b1bef2a73b0811b05344a273be7e.jpg" data-gid="gid://syiq/Photo/396745">Under controlAnother defining feature of <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>’s approach is that its control systems and programming are all developed in-house. Precise timing between electronic commands, hydraulic oil flow and mechanical motion is critical, as are programmed delays that account for inertia and mass. Most systems employ frequency-driven power packs rather than simple on/off hydraulics, resulting in smoother movement, lower noise levels and the elimination of hydraulic ‘hammer’ effects. Automated operating cycles manage sequencing, speed and end-of-stroke deceleration automatically, reducing the risk of impact damage and operator error. Before delivery, full functional testing is carried out in-house, often with owner representatives present.Enclosed helicopter lifts represent some of the most complex control systems <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> has delivered. On yachts such as the 85.95-metre <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/234" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ecstasea85.95m (281'12&quot;)Feadship2004">Ecstasea</a>, the 96.6-metre <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/5936" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sophia96.6m (316'11&quot;)Feadship2017">Sophia</a> (ex-Faith), 99-metre <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/2074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Madame Gu99.0m (324'10&quot;)Feadship2013">Madame Gu</a> and the 102.6-metre <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/10678" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ulysses102.6m (336'7&quot;)Feadship2024">Ulysses</a>, these lift assemblies rely on synchronised spindles and highly precise control algorithms to ensure uniform vertical motion. Ironically, real-world usage of helicopter lifts has revealed an interesting pattern:&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/396746/image/large-793a08021cda2fc7bab19c3cd8f1a821.jpeg" data-gid="gid://syiq/Photo/396746">“On some yachts, the heli hangars are no longer actively used and instead function as static storage platforms,” reveals van der Ploeg. “In such cases, owners may even suspend servicing altogether – an illustration of how operational reality can diverge from original design intent.”Developments in control systems are being matched by advances in data intelligence. During the COVID period, <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> expanded its remote-support capabilities and identified a recurring issue: when faults occur, crews often cannot describe what happened beyond “pressing the button”. To address this, its latest systems incorporate data logging that records each operating cycle, sequence order, timing, load condition and fault event with precise timestamps.“When an issue arises, engineers can trace it back to the exact operating condition that caused it,” explains van der Ploeg. “While still being rolled out primarily on new-build projects, data logging represents a shift towards evidence-based rather than purely scheduled maintenance.”Across <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>’s predominantly hydraulic product range, failures rarely originate in the actuators themselves. Instead, the most vulnerable areas are where forces converge – locations where multiple loads are transferred into a single structural interface. Passerelles are a prime example:“Forces are transmitted through long, slender structures back to a limited number of mounting points,” explains van der Ploeg. “When additional functionality is introduced, such as lateral slewing rather than straight-line deployment, those forces increase substantially.”<img src="https://photo-assets.superyachttimes.com/photo/396750/image/large-74a75f9786460908e4bf98d749448420.png" data-gid="gid://syiq/Photo/396750">Bonding and bolt-inSome <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> passerelles now extend up to 16-metres in length, pushing the limits of lightweight structural engineering while maintaining stiffness, safety margins and regulatory compliance. Designing these interfaces requires careful attention to geometry, material thickness and fatigue behaviour.Marine-grade aluminium remains the primary structural material, selected for its high strength-to-weight ratio and corrosion resistance. Steel is used selectively in high-load interfaces where stiffness and wear resistance are critical. Carbon fibre has also been deployed strategically, particularly in the outermost sections of passerelles. Reducing mass at the extremity lowers bending moments throughout the structure, enabling greater reach without adding reinforcements.&nbsp;A more recent addition to <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a>’s fabrication methodology is the introduction of structural adhesive bonding. In lightweight aluminium constructions, particularly passerelles, welding thin sections sometimes caused unacceptable deformation due to heat input. To address this, <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> now uses a hybrid method: components are positioned with bolts to prevent movement, while the structural adhesive provides the primary load-bearing bond. In this configuration, the bolts act purely as locators and the adhesive carries the load.Another key evolution is the move towards bolt-in housings for boarding equipment such as passerelles and swim ladders. Historically, these housings were built directly into the hull, placing installation and testing squarely on the shipyard’s critical path. This new approach uses self-contained housings that are assembled and factory-tested in-house, accepted by owners or representatives, and installed later as plug-and-play units.“Once delivered, the housing is bolted into place, hydraulics and electrics are connected, and functionality is assured – eliminating the risk of delays, rework and repainting,” says van der Ploeg.<img src="https://photo-assets.superyachttimes.com/photo/396752/image/large-1ea3884318d73cd6441f8d9cf8801f9c.jpg" data-gid="gid://syiq/Photo/396752">Breaking outSolely owned by <a data-gid="gid://syiq/Company/4951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Koninklijke De Vries Scheepsbouw (Company)">Koninklijke De Vries,</a> until recently <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> worked exclusively within <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>. It is now pursuing a more open strategy, with roughly 60% of turnover derived from <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> new-build projects, 25% from service and refit work on existing <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadships</a>, and the rest from other shipyards – a share that continues to grow as the company expands its marketing network.An early major non-<a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> contract was with <a data-gid="gid://syiq/Company/4644" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="AKYACHT (Company)">AKYACHT</a> in Turkey for its 120-metre-plus project (NB012) due for delivery in 2030. Another is the new <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> Custom 80 currently under construction at <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA Yachts</a> in Ancona. The <a data-gid="gid://syiq/Company/201" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="ISA Yachts (Company)">ISA</a> client, an experienced <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> charterer, specified <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> to supply the boarding systems with which he directly interacts – in total, five independent mechanical systems with fully integrated control logic.<img src="https://photo-assets.superyachttimes.com/photo/396754/image/large-0eae94a6e941a08764d18f82632bee1f.jpg" data-gid="gid://syiq/Photo/396754">Across all these developments, a clear evolution emerges. <a data-gid="gid://syiq/Company/5438" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Akerboom Yacht Equipment (Company)">Akerboom</a> has progressed from boatbuilder to specialist supplier, system integrator and, ultimately, lifestyle collaborator. Each project begins by asking what experience the owner, designer or shipyard wants to achieve. From there, complexity is carefully analysed and engineered so that systems are notable precisely for their absence – seeming to disappear once installed, leaving spaces that feel more open, intuitive and fully resolved.<img src="https://photo-assets.superyachttimes.com/photo/396753/image/large-24074ca4b4f597fe6f6d7ba61d16b96a.jpg" data-gid="gid://syiq/Photo/396753">

Standardising the bespoke: The engineering behind custom superyacht equipment

Akerboom Yacht Equipment explains how modular engineering is reshaping its custom superyacht boarding systems, platforms, cranes and control systems.

The fourth 53.25-metre <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> YS53 yacht support <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> has been delivered to her owner, following her launch in March 2026 from the <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a> facility in Antalya, Turkey. <img src="https://photo-assets.superyachttimes.com/photo/397013/image/large-c33b6dbec1e5da99757b484375d47d5b.jpg" data-gid="gid://syiq/Photo/397013">Designed to operate either alongside a mothership or independently, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> has been crafted in-house by her builder <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, which were responsible for her interior, exterior and naval architecture.&nbsp;Created around family experiences, shared moments on the water and operational purpose <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> will now serve as a purposeful extension of her owner's fleet, where she has been developed to provide additional space, support and flexibility.<img src="https://photo-assets.superyachttimes.com/photo/397012/image/large-e7a8adfa9276e3affbe8d0454cf3c3d4.jpg" data-gid="gid://syiq/Photo/397012">"From the outset, &nbsp;there was a clear vision for how the owner wanted to use YS53 <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> and the role she would play within the fleet," explained Rob Dolling, Owner’s Representative. "Together with Damen Yachting, we were able to translate those wishes into a vessel that is highly functional, personal and closely aligned with the owner’s programme."<a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> can comfortably accommodate up to eight guests, as well as 10 crew plus her captain. Her interior reflects the owner’s personal style, combining timeless elegance with Old English influences throughout. <img src="https://photo-assets.superyachttimes.com/photo/397011/image/large-c5c4c4fd9fd1617d2fa194c1f00b061d.jpg" data-gid="gid://syiq/Photo/397011"><a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> boasts the brand’s signature axe bow, while her reinforced deck supports touch-and-go helicopter operations. With a generous open main deck of more than 200 square-metres, this versatile space can be used for large tenders, toys and specialised equipment.This is complemented by a 15-tonne crane, enabling the handling of substantial tenders and heavy loads. With a volume just shy of 500 GT, she can accommodate up to eight guests, along with a crew of eight.<img src="https://photo-assets.superyachttimes.com/photo/397010/image/large-d904abeb9d80368dab56f223768c6958.jpg" data-gid="gid://syiq/Photo/397010">"As the fourth Yacht Support 53 delivered by <a data-gid="gid://syiq/Company/1821" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Damen Yachting (Company)">Damen Yachting</a>, she reflects the versatility of the Yacht Support range within modern superyacht ownership and has been created with a very clear purpose," concluded Jan van Hogerwou, Commercial Executive USA.Crafted with a steel hull and aluminium superstructure, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</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 provide her with a cruising speed of 12 knots and a top speed of 19 knots. Once her sea trials are complete, <a data-gid="gid://syiq/Yacht/13202" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rafter53.25m (174'8&quot;)Damen Yachting2026">Rafter</a> will prepare for delivery to her owner. &nbsp;

Rafter: Fourth Damen Yachting YS53 yacht on sea trials

The fourth 53.25-metre Damen Yachting YS53 yacht support Rafter has been delivered following her launch in Antalya, Turkey in March 2026.

Fourth Damen Yachting YS53 yacht support Rafter delivered

<a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> has completed the refit of the 37-metre <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a> Classic 120 yacht <a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a>, following a comprehensive programme of works spanning structural modifications, onboard systems, technical upgrades, exterior areas and interiors. <img src="https://photo-assets.superyachttimes.com/photo/396976/image/large-40153e77114e1432e88b74a33b05ac53.jpg" data-gid="gid://syiq/Photo/396976">Built in 2009 by <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>, <a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a> forms part of its Classic 37 series, featuring 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>, interiors by <a data-gid="gid://syiq/Company/67" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Zuretti Interior Design (Company)">Zuretti Interior Design</a> and naval architecture developed in-house by her builder.The refit of <a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a> commenced in August 2025 shortly after the yacht was acquired by her new owner and was completed in approximately six months through the coordinated efforts of <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>'s project management team, specialised technicians, skilled craftsmen and interior designer Laura Rossi. According to <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a>, the programme was undertaken with the aim of improving operational efficiency, enhancing the onboard experience and extending the yacht's service life.<img src="https://photo-assets.superyachttimes.com/photo/397008/image/large-c77ef9362600c70fc7acbd85faee16f2.jpg" data-gid="gid://syiq/Photo/397008">From the outset, the owner and project team sought to preserve the yacht's original layout and distinctive character while improving her functionality, comfort and the perception of space. On the main deck, the refit scope included the installation of new full-height windows in her main saloon alongside the reconfiguration of the staircase area between the main and upper decks.<img src="https://photo-assets.superyachttimes.com/photo/397007/image/large-91d720dd0c041da15a467ac85b61b3da.jpg" data-gid="gid://syiq/Photo/397007">Laura Rossi oversaw the interior redesign, introducing what <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> described as "greater fluidity, brightness and visual continuity." A new transparent balustrade around the staircase would allow natural light to flow between decks, while satin-finish glass panels replaced selected opaque surfaces in the corridors. New fabrics and materials were also integrated throughout the guest accommodations to enhance comfort, durability and ease of maintenance.<img src="https://photo-assets.superyachttimes.com/photo/397009/image/large-f3728f4818fd2bd0f7063bd374fc9a4e.png" data-gid="gid://syiq/Photo/397009">"<a data-gid="gid://syiq/Yacht/1886" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kos37.5m (123'0&quot;)Benetti SpA2009">Kos</a> does not deny what she has been, nor does she try to become something else," commented Rossi. "The project was conceived to lighten, simplify and enhance the yacht's original identity, creating spaces that are brighter, more fluid and more natural to experience every day."<img src="https://photo-assets.superyachttimes.com/photo/397006/image/large-04998d04550196299f04c73e269ea5f1.jpg" data-gid="gid://syiq/Photo/397006">In addition to the living areas, <a data-gid="gid://syiq/Company/895" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lusben Shipyard (Company)">Lusben</a> carried out a myriad of technical upgrades involving the main engines, generators and essential onboard systems. The entire lighting system was replaced with energy-efficient LEDs, while the bridge and onboard electronics were updated to make them easier to use and improve navigation safety. Exterior works included restoring the teak decks, reconfiguring the sundeck after removing the existing Jacuzzi and completely repainting the hull and superstructure.&nbsp;

Lusben completes refit of 37m Benetti yacht Kos

Lusben has completed an extensive refit of the 37m Benetti Classic yacht Kos.

37m Benetti yacht Kos completes extensive refit at Lusben

The 25.75-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> motor yacht <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> sold in a deal with David Legrand of <a data-gid="gid://syiq/Company/158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fraser (Company)">Fraser</a> introducing the buyer and Derk Jan Rolff of <a data-gid="gid://syiq/Company/5652" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holland Yacht Connection (Company)">Holland Yacht Connection</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/346966/image/large-acba5ebb2d4596b138324b59ae61deb9.png" data-gid="gid://syiq/Photo/346966">Delivered in 2003 as part of the Moonen 84 series, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> features exterior design by <a data-gid="gid://syiq/Company/240" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Marimecs BV (Company)">Marimecs</a>, interior design penned in-house by <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a> and naval architecture by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a>.Spanning 115 GT, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> can comfortably accommodate up to eight guests across a four stateroom configuration on the lower deck, with her full-beam master suite situated amidships, alongside a VIP at her bow and two twin staterooms.&nbsp;In terms of performance, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</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, which provide her with a top speed of 12 knots and a cruising speed of 11 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/7631" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moon River 25.75m (84'6&quot;)Moonen Yachts2003">Moon River</a> had a last known asking price of €2,200,000.&nbsp;(Image courtesy of Holland Yacht Connection.)

Moon River: 26m Moonen yacht sold

The 25.75-metre Moonen motor yacht Moon River sold with a last known asking price of €2,200,000.

26m Moonen motor yacht Moon River sold

SuperYacht Times has successfully hosted two editions of the <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit (GSS)</a>, in Dubai and Abu Dhabi. Drawing on insights from these previous editions and feedback from our attendees and partners, we are implementing major changes to the event’s set-up. These adjustments are designed to highlight the positive developments, identify key challenges, and focus on the solutions, so that we can drive further positive change in the region. This year's event will once again be held under the patronage of <a data-gid="gid://syiq/Company/6707" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="P&O Marinas (Company)">P&amp;O Marinas</a>.<img src="https://photo-assets.superyachttimes.com/photo/302006/image/large-523927ee97e59451086e876416452cfb.jpg" data-gid="gid://syiq/Photo/302006">Research project&nbsp;The Gulf Superyacht Market Report has been highly successful in providing a detailed market analysis. This year, the focus of the report will shift slightly as our team researches all the positive changes observed in the region over the last five to ten years. These improvements are often overlooked. By maintaining a yearly record, we aim to consistently highlight the progress achieved.Additionally, the report will feature input from key industry stakeholders from the region and detail all the challenges that remain. This will provide a comprehensive overview of the focus areas for the upcoming GSS, serving as a basis for shaping the panel discussions and workshops.<img src="https://photo-assets.superyachttimes.com/photo/250654/image/large-993514269e10bd6c830dae5897a0c594.jpg" data-gid="gid://syiq/Photo/250654">A new conference programmeOur experience from the past two editions has shown that most discussions often circle back to the same challenges, leading to a repetition and tendency to end on a negative note due to a lack of focus on solutions. With the findings from our research project, we will design panels and workshops that are solution oriented.&nbsp;A few key points:Opening PresentationThe opening presentation will summarise the findings of the report and introduce the new conference programme, outlining how everyone present can actively participate in driving the necessary change.Panels focussed on SolutionsFollowing the opening presentation, two panels will initiate in-depth discussions focused on identifying the solutions. The topics and speakers for these initial panels will be announced shortly. If you have suggestions for issues that need addressing or speakers who should be featured, please contact us. <img src="https://photo-assets.superyachttimes.com/photo/249736/image/large-bb6cbf5650eb1b893d9b6e6ea2185f9b.jpg" data-gid="gid://syiq/Photo/249736">Opportunities &amp; LearningsAt the Gulf Superyacht Summit, we will also invite some people who have built successful companies to share key insights and lessons we can learn from their experiences. Furthermore, we will invite speakers from nearby regions to discuss opportunities there and explore collaborative strategies to attract more yachts to the Middle East and Asia.InspirationalA successful conference not only informs but also inspires attendees and adds a touch of fun. To this end, we are preparing several unique presentations and lining up excellent speakers.&nbsp;Interactive and Live involvementDriving change requires the involvement of all stakeholders. At the GSS, we will continue to use digital tools to engage the audience actively. Moreover, this year will feature dedicated workshops and enhanced direct participation from attendees during panel discussions.<img src="https://photo-assets.superyachttimes.com/photo/294633/image/large-7930321a891004659fe6ce0babe05f58.jpg" data-gid="gid://syiq/Photo/294633">Increased Network OpportunitiesConnecting people is one of the key elements of any conference. This year’s programme will include over 12 hours of networking. A list of the guests and speakers will be made available, and we will introduce new digital tools ahead of the event to make connecting and planning meetings easier.&nbsp;Key network events include:<ul><li>Breakfast networking</li><li>Coffee breaks</li><li>90-min lunch break</li><li>Welcome drinks</li><li>Networking dinner</li></ul>Q&amp;A:Who is in the audience?We expect around 275 people to join the event and they will include:<ul><li>Government representatives</li><li>Tourism authorities</li><li>Owner’s representatives</li><li>Captains &amp; crew</li><li>Yacht Managers</li><li>Brokers</li><li>Builders</li><li>Designers</li><li>Yacht Agents</li><li>Marinas Professionals</li><li>Suppliers</li></ul>And many others.<img src="https://photo-assets.superyachttimes.com/photo/294644/image/large-1b90044010b119b30b0db28da557194a.jpg" data-gid="gid://syiq/Photo/294644">Do you have any input for the report on the positive change you have seen in the region, like changes in regulations, or do you want to share the challenges you are facing today then please get in touch with us through <a href="mailto:news@superyachttimes.com" title="">news@superyachttimes.com</a>.How can I attend?<a href="https://dubai.platinumlist.net/event-tickets/94185/gulf-superyacht-summit" target="_blank">You can buy your ticket now via the Gulf Superyacht Summit website</a>, early bird ticket sales will end on 14 October.&nbsp;Who will be the speakers?The speakers will be announced shortly.How can I submit my input about the region?Yes for sure - please email your ideas to <a href="mailto:info@superyachttimes.com" target="_blank">info@superyachttimes.com</a>.&nbsp;Can I be a speaker?We are open to all speaker suggestions and if you have any suggestions please email them to <a href="mailto:info@superyachttimes.com" target="_blank">info@superyachttimes.com</a>.&nbsp;Can I still sponsor the event?Please get in touch with our sales team for the availability of our sponsorship packages through <a href="mailto:sales@superyachttimes.com" target="_blank">sales@superyachttimes.com</a>. <img src="https://photo-assets.superyachttimes.com/photo/319920/image/large-3dfe62cefc962dfda7d3e0cf252b4b7d.png" data-gid="gid://syiq/Photo/319920"><img src="https://photo-assets.superyachttimes.com/photo/332007/image/large-f610ebd4d538c46b7eb8dde87de89f2b.png" data-gid="gid://syiq/Photo/332007">

Gulf Superyacht Summit 2024 new format

Announcing the new format for the Gulf Superyacht Summit by SuperYacht Times.

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