Hitting the headlines at the beginning of 2019 was the news of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> finalising the <a href="https://www.superyachttimes.com/yacht-news/wally-joins-the-ferretti-group" rel="noopener noreferrer" target="_blank" title="">agreement to acquire Wally.</a> Fast forward almost a year later and SuperYacht Times finds out what the new uplifted brand has to shout about. &nbsp;<img src="/uploads/store/photo/99120/image/large-f3d3f0f7095de98942a553dc4cf42df8.jpg" data-gid="gid://syiq/Photo/99120">“The&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>&nbsp;proved with&nbsp;<a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a>&nbsp;that we can maintain and strengthen a brand,” says Stefano de Vivo, Managing Director of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> and CCO of the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> - the group which, after having taken over <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, is pumping over €84 million into the brand as part of a three-year development strategy. The first €70 million is being invested in the first two years to help develop the brand, establish a new building facility and support the design and construction of new products and ranges - three of which have already been released: the day cruiser 48 Wallytender, the sailing yacht <a href="https://www.superyachttimes.com/yacht-news/sailing-yacht-wally-101-revealed" rel="noopener noreferrer" target="_blank" title="">Wally 101</a> and the motor yacht <a href="https://www.superyachttimes.com/yacht-news/project-165-wallypower-unveiled" rel="noopener noreferrer" target="_blank" title="">165 Wallypower</a>.<img src="/uploads/store/photo/83726/image/large-dbe1fc34677b5128cb0f4de495c81226.jpg" data-gid="gid://syiq/Photo/83726">Sporting the first Wally Magic Keel© system and new-generation hull shape, the 30.8-metre high-performance sloop Wally 101 is a nod to the original spirit of <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>. The new model aims to provide highly competitive results in terms of performance and cost thanks to the Wally Magic Keel© system and the semi-custom package.&nbsp;“We’ve innovated this project to be very customisable, but have retained the moulds and core of the design to lower the cost. This certainly doesn’t take away from the richness of the product, it just allows us to offer our clients more. One boat from one mould is always going to cost a lot more than if we can make two or three. The saving is going directly to the client and towards their choice of customisations,” explains De Vivo.&nbsp;"The Wally 101 is a superyacht offering tremendous comfort inside and outside combined with swift performance, while still being simple and easy to sail,” comments <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> founder Luca Bassani. “Before we started designing, our research showed that the 100ft model was a great success. Clients also told us that this size really hits the sweet spot for both racing and for cruising,” De Vivo adds.<img src="/uploads/store/photo/96914/image/large-3133a5dc7352c3bb0ae8c27a62613ad9.jpg" data-gid="gid://syiq/Photo/96914">Announced by <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> during the <a href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2019">Monaco Yacht Show</a> was the collaborative effort of both <a data-gid="gid://syiq/Company/82" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Espen Øino International (Company)">Espen Øino</a> and Luca Bassani: the 50-metre superyacht 165 Wallypower. Designed to be an alternative to the typical Mediterranean cruiser, the new superyacht is a contemporary concept featuring a 15-metre sundeck and enough power from diesel engines with waterjet propulsion to reach up to 30 knots. <img src="/uploads/store/photo/100243/image/large-48f465e8dbd5adf3370548199af889fc.jpg" data-gid="gid://syiq/Photo/100243">“<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has been trying to work with Espen since I entered this business, and I truly believe that this new partnership can reach no limits,” commented Piero Ferrari, one of the Group’s shareholders and owner of the <a data-gid="gid://syiq/Company/363" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Riva S.p.A. (Company)">Riva</a> 50-metre <a data-gid="gid://syiq/Yacht/5750" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Race50.0m (164'1&quot;)Riva S.p.A.2019">Race</a>. “Luca and I share the same vision and approach, rooted in a profound passion for the sea and sailing. With the 165 Wallypower, two like-minded and driven brands have now finally come together to create a new icon,” adds Øino.<img src="/uploads/store/photo/99118/image/large-952a030514fbe22570271baa4fc2a1f8.jpg" data-gid="gid://syiq/Photo/99118">Now boasting the “widest and most innovative range of the entire Italian nautical industry”&nbsp;as a result of the acquisition, the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has gained a foothold in the large sailing yacht sector and access to a broader client base. In turn, <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> is reaping the rewards of the new investments and having the brand re-energised, as De Vivo explains: “<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;needed economic strength and manpower. We have very good people but with more capital you can invest in more people, and then you can start bringing forward not just one project every two or three years, but two or three projects a year! All of which is then supported by our 50-strong after sales team.”&nbsp;To accommodate the growing <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> team and range, the Group has occupied the neighbouring land 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> headquarters in Forli, Italy. “We are going to be building the renewed&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;tender range at the new facility, which will also include a brand new painting shed, meaning that&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;will have fantastically finished products.&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;is now the only small brand that can offer such a service!”&nbsp;says De Vivo. With a sure-fire future laid out for <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>, its future and success may well lie in the ambition to reach the niche areas of the superyacht market not already covered by the widespread <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>. <img src="/uploads/store/photo/46455/image/large-cf934f790d6a58952d76ce2733903757.jpg" data-gid="gid://syiq/Photo/46455">With more revolutionary technology and innovation yet to come, the <a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a> brand is staying true to itself, just with a new lease of life.&nbsp;“Although&nbsp;<a data-gid="gid://syiq/Company/166" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Wally (Company)">Wally</a>&nbsp;is almost like a start-up in&nbsp;<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, it will be one of the main drivers of the Group for the next five years,”&nbsp;added De Vivo. “Let’s just say that we will be continuing push very hard going forward.”&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" rel="noopener noreferrer" target="_blank" title=""><img src="/uploads/store/photo/55401/image/large-6524e9c9dfc37e22bf131ecc39bea57e.png" data-gid="gid://syiq/Photo/55401"></a>This article was first featured in The SuperYacht Times newspaper.&nbsp;<a href="http://www.superyachtcompany.com/newspaper/the-superyacht-times-subscription" rel="noopener noreferrer" target="_blank" title="">Subscribe</a>&nbsp;now to receive your copy straight to your door and never miss another issue.

Business Insight: Wally Yachts moves fast forward

Espen Oeino

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Luca Bassani on board Wallypower 118

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Ferretti Group CCO Stefano De Vivo

Wally 101 concept exterior design

165 Wallypower render

Since its acquisition by the Ferretti Group, Wally Yachts has steadily been growing as plans are made for yacht Wally 101 and 165 Wallypower. 

Business Insight: Wally moves fast forward

<a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> is marking its 40th anniversary in 2025, commemorating four decades of production, innovation and expansion in the yachting sector. Founded in the early 1980s, the Italian brand has established a reputation for producing fast motor yachts with distinctive designs and technical features. Last week the yard invited a number of international journalists, including SuperYacht Times’ Francesca Webster to its Mondolfo facility to experience <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> yacht construction first hand.<img src="https://photo-assets.superyachttimes.com/photo/363937/image/large-2d21a011ab93e21247d595836023741f.jpg" data-gid="gid://syiq/Photo/363937"><a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> was founded by Tilli Antonelli, Fausto Filippetti and Giuliano Onori as Cantiere Navale dell’Adriatico. The company began by focusing on repairs of laminated wood boats, before moving into yacht production. In 1985, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> introduced the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 45, developed with designer <a data-gid="gid://syiq/Company/585" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fulvio De Simoni Yacht Design (Company)">Fulvio De Simoni</a>. The model combined the speed characteristics of a powerboat with the space of a motor yacht and brought international attention to the yard.The 1990s saw <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> expand into global markets. The company joined the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> in 1998, a move that was followed by further growth in the luxury motor yacht sector. In 2012, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> became part of the Weichai Group, which facilitated additional international development, including a strengthened presence in Asia, the Americas and Europe.<img src="https://photo-assets.superyachttimes.com/photo/363935/image/large-05a712b45f3342ae8ad317eb415af1cb.jpg" data-gid="gid://syiq/Photo/363935">Over the past four decades, <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> has introduced a number of technical features and design elements across its ranges. These include the adoption of surface-piercing propeller systems, the use of water jets with a gas turbine on the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 115 in 2004, and the introduction of triple engine propulsion on the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 108 in 2011. The shipyard has also implemented weight-optimised construction methods and various solutions to improve seakeeping and onboard comfort.Design features introduced by <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> include the hydraulic gangway on the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 45 and the concealed sliding glass door on the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 72, both developed with <a data-gid="gid://syiq/Company/2618" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Besenzoni S.p.A. (Company)">Besenzoni</a>. More recent models have included details such as the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> wing, a retracting carbon-fibre stairway and pillar-free windscreens.<img src="https://photo-assets.superyachttimes.com/photo/363936/image/large-e0ddf9e8463647cbd691fbe5f0c829c0.jpg" data-gid="gid://syiq/Photo/363936"><a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>’s current fleet includes the Generation X series, comprising the 5X, 6X, 7X, 8X and 9X models and the newer GTX range, which features the GTX116, GTX80 and the upcoming GTX70. The <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> 140, built in aluminium at the <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>’s Superyacht Yard in Ancona, is the yard’s largest model to date and its first superyacht.In addition to a tour of the facilities, the recent anniversary event included sea trials from Fano to Ancona onboard the <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> GTX 70 and X8. Both vessels demonstrate an impressive calibre of performance and live up to the yard’s reputation for the production of streamlined, sporty, high speed yachts.<img src="https://photo-assets.superyachttimes.com/photo/364016/image/large-64ddd4ef1d4b16c72d50f095caeb46ae.jpg" data-gid="gid://syiq/Photo/364016"><a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a>’s production facilities are located in Mondolfo, Italy. The 84,000-square-metre site includes four buildings, paint booths and a testing tank. The facility incorporates 27 production stations, allowing multiple yachts to be built simultaneously. Processes include dry painting certified by PPG and technical testing prior to launch at the nearby port of Fano.<a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> reports that its focus for the future remains on further technological development, design evolution and international market growth as it marks its 40th year.(All images courtesy of Pershing)

Pershing celebrates 40th anniversary

Pershing is marking its 40th anniversary in 2025, commemorating four decades of production, innovation and expansion in the yachting sector.

At <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>, our mission has always been to keep the superyacht industry updated with the latest news, accurate data, and smart yachting solutions. We established <a href="https://www.sytstrategy.com/" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> to better support our clients as they face increasingly complex strategic decisions. Grounded in leading intelligence and deep industry expertise, <a href="https://www.sytstrategy.com/" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> is well positioned to help you navigate the superyacht market with clarity and confidence. Drawing on our unrivalled data, comprehensive market insights and decades of experience within the industry, we ensure that every decision is informed, strategic and focused on unlocking value for your business.<img src="https://photo-assets.superyachttimes.com/photo/204505/image/large-9e9aa8702050156af03b268eef2d599a.jpg" data-gid="gid://syiq/Photo/204505">Grounded in leading intelligence and deep industry expertise, <a href="https://www.sytstrategy.com/" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> is well positioned to help you navigate the superyacht market with clarity and confidence.1. Built on a foundation of industry-leading data.We own the largest and most accurate database for the superyacht industry, developed over 20+ years to deliver unparalleled insights. Our Intelligence team is constantly expanding and refining our intelligence system, ensuring that <a href="https://www.sytstrategy.com/" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> is powered by the most current and actionable data available.&nbsp;2. Backed by a strong network of industry relationships.Over the past 20 years, we have built broad and personal relationships with yachting industry experts and decision-makers, including brokers, shipyards, captains, owners, and investors, globally. This network offers us direct access to the latest industry news and insights. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/206970/image/large-2380e333a6a32ec0ba6fcd82b717c21c.jpg" data-gid="gid://syiq/Photo/206970">3. Led by a highly skilled and experienced team.<a href="https://www.sytstrategy.com/" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> is a partnership between <a data-gid="gid://syiq/Company/4509" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="SuperYacht Times (Company)">SuperYacht Times</a>, a team with proven experience in the form of seasoned yachting professionals and former strategy consultants from top firms, and <a data-gid="gid://syiq/Company/8242" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Borg Consulting (Company)">Borg Consulting</a>, a strategic consulting firm that focuses on solving challenges with data and AI. <a data-gid="gid://syiq/Company/8242" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Borg Consulting (Company)">Borg</a> also brings superyacht expertise, evidenced by the economic impact report that they develop annually for the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association (SYBAss)</a>.&nbsp;4.&nbsp;Trusted&nbsp;by key players across the industry.<ul><li>We are the official superyacht data and intelligence partner of the <a data-gid="gid://syiq/Company/1429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show (Company)">Monaco Yacht Show</a>.</li><li>We are the official data source for the <a data-gid="gid://syiq/Company/2589" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Superyacht Builders Association (SYBAss) (Company)">Superyacht Builders Association (SYBAss)</a>.</li><li>Annually, we publish the leading report in the superyacht industry, <a href="https://www.superyachttimes.com/market-reports/the-state-of-yachting-2025" rel="noopener noreferrer" target="_blank" title="">The State of Yachting</a>, providing key trends and insights.</li></ul><img src="https://photo-assets.superyachttimes.com/photo/340276/image/large-59f32b4538aefb6aa2f02801c4370237.jpg" data-gid="gid://syiq/Photo/340276">5. Specialists on the Middle Eastern and Asian markets.&nbsp;As well as attending many yacht shows and other events annually, we host 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 (GSS)</a> and the <a data-gid="gid://syiq/Event/270" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Asia-Pacific Superyacht Summit - 2025 - 2nd Edition">Asia-Pacific Superyacht Summit (APSS)</a> where we bring together industry leaders to share insights on key trends, challenges, and opportunities shaping the sector. We keep the industry informed and ahead of the curve with our key market reports, the Asia-Pacific Superyacht Report and the Gulf Superyacht Report, produced annually, and news delivered by our full- time reporter on these markets.&nbsp;6. Committed to serving the broader yachting industry ecosystem.At SuperYacht Times, we are constantly exploring new ways to deliver greater value to our industry. We recently acquired <a href="https://www.marinaworld.com/" rel="noopener noreferrer" target="_blank" title="">Marina World</a>, the leading international B2B publication dedicated to the marina and waterfront industry, and we’re expanding our marina editorial and research team. <img src="https://photo-assets.superyachttimes.com/photo/25869/image/large-be0ca6ac405b4c42e4bdcf910c97ce4e.jpg" data-gid="gid://syiq/Photo/25869">How can we help you?With our unique blend of data, network, expertise, and partnerships, we provide a wide range of strategy consulting services to support your needs.&nbsp;Core Solutions: Core solutions are the foundation of what we do. They draw on our robust data and extensive industry network to deliver clear, actionable insights that help clients navigate decisions with confidence.&nbsp;<ul><li>Market analysis: Gain a deep understanding of the yacht market, buyer demographics, preferences, and emerging trends.&nbsp;</li><li>Brand analysis: Understand how your brand performs compared to your competitors.</li><li>Market positioning studies: Define your edge in the market, using data-driven insights.&nbsp;</li><li>Data requests:&nbsp;Obtain tailored data reports to assist in your own analyses.</li></ul>Advisory Services: Our Advisory Services are designed to support high-stakes decision-making. Through these projects we deliver tailored guidance to help clients evaluate opportunities, mitigate risks, and build strategies to unlock value in the superyacht market.<ul><li>Nautical tourism development: We advise governments and private entities on developing successful yachting tourism initiatives.</li><li>Market entry studies:&nbsp;Have confidence in your decision to expand into new markets.</li><li>Growth strategy: Understand your market potential to develop clear growth plans.</li><li>Economic impact assessments: Measure the broader economic impact of your initiatives on local communities and the national economy.</li><li>Valuations: Secure accurate valuations for marinas and shipyards. </li></ul>Whether you’re an existing superyacht market player or looking to enter the industry, we’re excited to work with partners navigating change, growth, and opportunity. Get in touch to understand how <a href="https://www.sytstrategy.com/" rel="noopener noreferrer" target="_blank" title="">SYT Strategy</a> can support you.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/30214/image/large-a8ee21972a91ea952f6fc2da893c5d58.jpg" data-gid="gid://syiq/Photo/30214">

Why You Should Work With SYT Strategy

We take a look at six reasons why you and your business should work with SYT Strategy

Six Reasons Why You Should Work With SYT Strategy

<a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a> has announced that Ashley Highfield will step down as Chief Executive Officer, after seven years with the company as both Executive Chairman and more recently as CEO. <img src="https://photo-assets.superyachttimes.com/photo/363142/image/large-886f22ace9d2a7da642a50c7750cc731.jpg" data-gid="gid://syiq/Photo/363142">Highfield will leave the company this autumn and will hand over the role to the new CEO, who comes from the marine manufacturing industry. <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a> will be announcing the new CEO in the coming weeks.&nbsp;“I am eternally grateful for Ashley’s leadership, direction and support on our voyage to turn <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> around. We have been closely working together on the successful growth of topline revenues and brand,” commented Richard Hadida, the owner and Chairman of <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster Yachts</a>.Under Highfield’s stewardship, <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> has experienced a significant financial turnaround, most recently concluding the 2025 financial year with a return to profitable trading. Owner and Chairman Richard Hadida will remain in his current role, focusing on new product development, branding, marketing and strategic oversight.<img src="https://photo-assets.superyachttimes.com/photo/269922/image/large-ebe9269141bad6cf1c29d3fe23c9df26.png" data-gid="gid://syiq/Photo/269922">“We agreed he would take over as CEO for a finite three-year period, with a mission to re-establish <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> as a pre-eminent brand in the luxury sailing yacht market. I am happy to say that job is done,” added Hadida.Highfield joined the company during a critical phase in its restructuring, and his leadership is credited with halving losses in his first year as CEO. His tenure also marked a shift toward greater customer engagement and lifestyle-focused services, including the launch of the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> Explorers Club.Hadida added that <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> is now in “robust financial health”, with record sales and a strong order book extending into 2026. “His innovative thinking and leadership have given us the new 805, the updated 595 Series 2, a full Oyster World Rally 2026 and a new suite of services, including the Oyster Explorers Club. It is all part of our longer-term journey from a pure yacht manufacturer to a brand which delivers dreams and adventures.”<img src="https://photo-assets.superyachttimes.com/photo/67885/image/large-a689c87d78ec1cfa051951e98e340886.jpg" data-gid="gid://syiq/Photo/67885">Among the recent highlights of Highfield’s tenure is the launch of the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> 805, the latest addition to the brand’s fleet. Positioned between the <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> 745 and the 885 Series II, the new 80-foot cruiser brings superyacht-calibre comfort and capability to <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a>’s bluewater sailing yacht range.“It has been an honour to serve as Chair and CEO of this great British company for the past seven years and really get to know the team, the brilliant craftsmen and women, the passionate project managers, commissioning, warranty and service teams and the hugely knowledgeable marketing and sales teams,” concluded Highfield.“It’s these folk, as much as the yachts themselves, that are <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a>’s unique strengths, as many owners consistently take the time to tell me. “We have a very clear vision for <a data-gid="gid://syiq/Company/1097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Oyster Yachts (Company)">Oyster</a> and it will continue to deliver the very best, British-built, luxury cruising yachts in the world, while ensuring that we run a sustainable and profitable business.”

Oyster Yachts CEO Ashley Highfield steps down

Oyster Yachts has announced that Ashley Highfield will step down as CEO, after seven years with the company as both Executive Chairman and CEO.

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Italian yacht designer Roberto Curto (<a data-gid="gid://syiq/Company/4651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Roberto Curtò - RC Design (Company)">RC Yacht Design</a>) has opened a new branch office in Fort Lauderdale, Florida. This expansion aims to integrate the design studio closer into the centre of the American marine industry, as Curto is now based in Fort Lauderdale full-time.<a data-gid="gid://syiq/Company/4651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Roberto Curtò - RC Design (Company)">RC Yacht Design</a> is characterised by their innovative design approach and language, boasting a portfolio of collaborations with shipyards including <a data-gid="gid://syiq/Company/5318" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Galeon Yachts (Company)">Galeon</a>, <a data-gid="gid://syiq/Company/5252" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alpha Custom Yachts (Company)">Alpha Yachts</a>, <a data-gid="gid://syiq/Company/5714" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantieri Capelli (Company)">Cantieri Capelli</a>, Intermare and more.<img src="https://photo-assets.superyachttimes.com/photo/250267/image/large-91264e73b6b06e280e66bb91dbd1a651.png" data-gid="gid://syiq/Photo/250267">Offering services such as exterior design to concept development and engineering support, <a data-gid="gid://syiq/Company/4651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Roberto Curtò - RC Design (Company)">RC Yacht Design</a> strives to support established and new players in the American yacht market, while also staying connected to their European origins.&nbsp;Active projects ranging from 24 to 47 metres in length are currently being managed at the studio. Meanwhile, a 145-metre superyacht-inspired cruise vessel concept is also in the works.&nbsp;“Opening this branch in Fort Lauderdale is a natural step. As a resident of this incredible city, I see firsthand the energy and opportunity within the local yachting community. <a data-gid="gid://syiq/Company/4651" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Roberto Curtò - RC Design (Company)">RC Yacht Design</a> is excited to contribute our Italian design culture and technical expertise to the region,” Curto commented.&nbsp;

RC Yacht Design opens Fort Lauderdale office 

Italian yacht designer Roberto Curto (RC Yacht Design) has opened a new branch office in Fort Lauderdale, Florida. 


RC Yacht Design opens new office in Fort Lauderdale 

<a data-gid="gid://syiq/Company/6755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viken Group AB (Company)">Viken Group</a> has announced Anna Silvesjö as the new Chief Executive Officer. Previously holding the position of Partner and Group Chief Financial Officer, Silvesjö will focus on expanding in new market segments, strengthening client partnerships and enhancing employer branding.<img src="https://photo-assets.superyachttimes.com/photo/362735/image/large-92844708432dacdd33ca3fd9859e799b.jpg" data-gid="gid://syiq/Photo/362735"><a data-gid="gid://syiq/Company/6755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viken Group AB (Company)">Viken Group</a> comprises <a data-gid="gid://syiq/Company/809" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tillberg Design of Sweden (Company)">Tillberg Design of Sweden (TDoS)</a>, <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a> and <a data-gid="gid://syiq/Company/7563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Thalia Marine (Company)">Thalia Marine</a>, with services spanning from concept development to delivery within the cruise ship, superyacht and refit sectors.“<a data-gid="gid://syiq/Company/6755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viken Group AB (Company)">Viken Group</a> will continue to expand into new market segments while deepening partnerships with clients through our on-brand design philosophy,” explained Silvesjö. “Our design solutions align with each client’s brand identity, culture, and target audience.”A key focus of Silvesjö’s role will be the ongoing development and expansion of Navigator, <a data-gid="gid://syiq/Company/6755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viken Group AB (Company)">Viken Group</a>’s integrated, productised service platform.&nbsp;“Rooted in decades of experience across cruise ships, expedition yachts, and private yachts, Navigator simplifies the complexity of shipbuilding while ensuring rigorous cost control throughout development and construction,” concluded Fredrik Johansson, Co-Founder of the <a data-gid="gid://syiq/Company/6755" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Viken Group AB (Company)">Viken Group</a>.“By leveraging the combined expertise, capacity, and global networks of <a data-gid="gid://syiq/Company/809" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tillberg Design of Sweden (Company)">TDoS</a>, <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a> and <a data-gid="gid://syiq/Company/7563" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Thalia Marine (Company)">Thalia Marine</a>, Navigator delivers superior project outcomes and enhanced return on investment for clients.”

Viken Group appoints Anna Silvesjö as new CEO

Viken Group has announced Anna Silvesjö as the new Chief Executive Officer.

Earlier this week, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> inaugurated Casa <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> in Venice, a new cultural venue established under the banner of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo Arts</a>. The opening coincided with the first edition of Venice Climate Week and the 2025 Venice Architecture Biennale, with SuperYacht Times in attendance.<img src="https://photo-assets.superyachttimes.com/photo/362734/image/large-87a15e5a463038891c5cf1d42ac396e9.jpg" data-gid="gid://syiq/Photo/362734">Situated opposite the Basilica di Santa Maria della Salute, the 1940s property has been restored under the direction of Piero Lissoni and <a data-gid="gid://syiq/Company/78" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lissoni & Partners (Company)">Lissoni &amp; Partners</a>. Their approach preserves key architectural elements, while introducing contemporary features suited to exhibitions and events. The site spans approximately 1,000 square-metres and includes a 600 square-metre garden. It comprises both a private apartment and a public exhibition space.<img src="https://photo-assets.superyachttimes.com/photo/362732/image/large-302fba9db913f5da5f4c4531f0ea8ed2.jpg" data-gid="gid://syiq/Photo/362732">Casa <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is conceived as a place for interdisciplinary dialogue, bridging contemporary creativity with historical context. The initiative reflects <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s broader ambition to move beyond its traditional role in luxury yacht manufacturing and take on an active cultural presence.<img src="https://photo-assets.superyachttimes.com/photo/362733/image/large-54023754279c66bbf0970a074506155e.jpg" data-gid="gid://syiq/Photo/362733">A newly constructed bridge, also designed by <a data-gid="gid://syiq/Company/78" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lissoni & Partners (Company)">Lissoni &amp; Partners</a>, links the venue to the surrounding neighbourhood. Inspired by traditional Venetian humpback bridges, it combines modern materials and engineering. The surface is clad in Istrian stone, while the wooden handrail, shaped to resemble an oar, references Venice’s maritime heritage. Beyond its practical function, the bridge symbolises a cultural connection between disciplines and communities.<img src="https://photo-assets.superyachttimes.com/photo/268405/image/large-0fe4b56c7fa5bf4533eb5955ddd1c1c0.jpg" data-gid="gid://syiq/Photo/268405">According to Massimo Perotti, Executive Chairman of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, the project reflects a commitment to fostering authenticity and shared experience in an increasingly virtual world. “Casa Sanlorenzo becomes a place where one enters to stop, reflect and share,” he noted. “It is a space of research, where art interrogates, design guides, and beauty carries meaning.”<img src="https://photo-assets.superyachttimes.com/photo/362731/image/large-45e91588e5b9a6ed492d5733ebe266dd.jpg" data-gid="gid://syiq/Photo/362731">Blending artistic vision, architectural innovation and cultural programming, Casa <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> introduces a new dimension to the brand’s identity. As a site of reflection, engagement and collaboration, it highlights a step in Sanlorenzo’s wider cultural engagement.

Sanlorenzo launches new cultural space in Venice

Earlier this week, Sanlorenzo inaugurated Casa Sanlorenzo in Venice, a new cultural venue established under the banner of Sanlorenzo Arts.

Casa Sanlorenzo: Sanlorenzo launches new cultural space in Venice

<a data-gid="gid://syiq/Company/5172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Rossini (Company)">Cantiere Rossini</a> has announced the appointment of Frédéric Castaignos as Sales Director. With over 25 years of experience as both a yacht captain and a sales manager at two leading shipyards, Frédéric brings a wealth of expertise to the company.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/361656/image/large-ff50ae5d91c79e828656d869331fb558.jpg" data-gid="gid://syiq/Photo/361656">“I’m thrilled to join a modern shipyard like <a data-gid="gid://syiq/Company/5172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Rossini (Company)">Cantiere Rossini</a>, where excellence and innovation are clearly at the heart of the operation,” explained Frédéric. “You can see right away that the vision here is the right one, rooted in strong values, 100 percent customer-centric and focused on delivering more efficient refit solutions.” &nbsp;Originally from France and fluent in English and Italian, Frédéric combines hands-on skills with strong commercial acumen. <a data-gid="gid://syiq/Company/5172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Rossini (Company)">Cantiere Rossini</a> highlighted that his extensive network across the South of France will be instrumental in expanding presence in key Mediterranean markets. &nbsp; &nbsp;“With Frédéric’s experience, network and good character, we’re taking a major step &nbsp;in giving <a data-gid="gid://syiq/Company/5172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Rossini (Company)">Cantiere Rossini</a> a stronger voice in the Med’s main cruising hubs,” commented <a data-gid="gid://syiq/Company/5172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Rossini (Company)">Cantiere Rossini&nbsp;</a>CEO Stewart Parvin. “It’s a strategic milestone in our long-term vision for business growth and increasing market share.” &nbsp;The company added that Frédéric’s appointment underscores <a data-gid="gid://syiq/Company/5172" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere Rossini (Company)">Cantiere Rossini’s</a> dedication to enhancing its team with “open-minded, multinational forward-thinking professionals” who share the shipyard’s core values of customer service, operational excellence and a long-term commitment to client relationships.“From digitalising planning and refit processes to expanding internationally, the &nbsp;future here is ambitious. And in Pesaro, we remain committed to delivering the best &nbsp;possible service to yachts in the 30 to 50 metre range,” Frédéric concluded. &nbsp;

Cantiere Rossini appoints Frédéric Castaignos as Sales Director

Cantiere Rossini has appointed Frédéric Castaignos as Sales Director.

Dutch shipyard <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has revealed a major change in its approach to participating in international boat shows, announcing they will not be hosting a stand at the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show 2025</a> and the <a data-gid="gid://syiq/Event/273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2025">Fort Lauderdale International Boat Show 2025</a>. The shipyard will still attend the event as an exhibitor with at least one yacht. <img src="https://photo-assets.superyachttimes.com/photo/336980/image/large-7bf02449faf3b7bd4d65f5f9413ec908.jpg" data-gid="gid://syiq/Photo/336980">The shift will come into effect from the 2025 Monaco Yacht Show, with the yard moving away from traditional on-land exhibition stands, in favour of a more product-focused presence centred around its fleet.The move follows the company’s recent change in ownership and signals a refined direction for the brand’s global marketing strategy. Rather than hosting a booth or hospitality space, <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> will instead spotlight its yachts directly in the marina, offering a more immersive and intimate encounter with its craftsmanship.<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a> has long maintained a strong presence at events such as the <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show</a> and the <a data-gid="gid://syiq/Event/273" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fort Lauderdale International Boat Show - 2025">Fort Lauderdale International Boat Show</a>. These remain key moments on the superyacht calendar and the shipyard has underlined its ongoing commitment to these events. However, the change marks a return to core brand values, allowing its design and build quality to speak for itself through the vessels on display.<img src="https://photo-assets.superyachttimes.com/photo/360277/image/large-eddfc27daa1c911c11d276058e4a0c97.jpeg" data-gid="gid://syiq/Photo/360277">“<a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> deeply respects the significance of these shows and the unique opportunities they present. <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> is committed to showcasing its latest innovations &nbsp;and breathtaking designs within these iconic settings. The shipyard will &nbsp;proudly have its yachts on display, in the best possible positions, ensuring they are the centre of attention.”Visitors to the 2025 <a data-gid="gid://syiq/Event/271" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Monaco Yacht Show - 2025">Monaco Yacht Show</a> can expect to be welcomed on board <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen</a>’s 55-metre <a data-gid="gid://syiq/Yacht/11868" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Solemates55.0m (180'5&quot;)Heesen Yachts2025">Solemates</a>, among other yachts. <a data-gid="gid://syiq/Company/54" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heesen Yachts (Company)">Heesen Yachts</a> has expressed its appreciation to the organisers of both events and emphasised its desire for continued collaboration in showcasing the highest standards in superyacht design and construction.

Heesen Yachts withdraws stands from Monaco Yacht Show and FLIBS 2025

Dutch shipyard Heesen Yachts has they will not be attending the Monaco Yacht Show 2025 and the Fort Lauderdale International Boat Show 2025.

<a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> Development Company has announced the sale acquisition of the marina assets and operations of The Marina at <a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> to <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>. <img src="https://photo-assets.superyachttimes.com/photo/24278/image/large-3af22891a950a4b3b84b77bb83dd3b57.jpg" data-gid="gid://syiq/Photo/24278">Alongside its shareholders, the Darby family and the Government of St. Kitts and Nevis, the marina has been acquired by <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>, which owns and operates more than 135 marinas across the US and Puerto Rico.Located on the Southeast Peninsula of St. Kitts, all other aspects of the <a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> community, including its residential neighbourhoods, amenities and ongoing development projects, will continue under the stewardship of <a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> Development Company.As well as this, <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a> has confirmed plans to launch a significant expansion of the marina, which will enable it to accommodate superyachts of up to approximately 107 metres. The group will also focus on developing yachting infrastructure and services across St. Kitts and Nevis, reinforcing the Federation’s position as a premier yachting destination in the Caribbean.Earlier this month it was announced that Blackstone Infrastructure had officially completed its acquisition of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>. The transaction saw the ownership of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor</a> transferred from Sun Communities for $5.65 billion.Read:&nbsp;<a data-gid="gid://syiq/Article/63225" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blackstone Infrastructure completes $5.65B acquisition of Safe Harbor Marinas (2025-05-01 11:15:00 +0200)">Blackstone Infrastructure completes $5.65B acquisition of Safe Harbor Marinas</a><img src="https://photo-assets.superyachttimes.com/photo/24286/image/large-7fcc98af3858d97f43499b8f38f75707.jpg" data-gid="gid://syiq/Photo/24286">Charles “Buddy” Darby III, Founder and CEO of <a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> Development Company, commented on the announcement: “<a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> is built on a vision of quality, sustainability, and exceptional living. With this transition, we remain committed to the long-term success of the community while entrusting the marina to a team with shared vision and the resources and expertise to enhance its offerings.”“We are pleased to be able to serve the global fleet in this important region with an offering of such high quality,” said Baxter Underwood, CEO of <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a>.Both the <a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> Development Company and <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a> expressed their gratitude to the Prime Minister of St. Kitts and Nevis, the Hon. Dr. Terrance M. Drew, whose support was key to ensuring the smooth completion of the transaction. <img src="https://photo-assets.superyachttimes.com/photo/24284/image/large-13a9881f95b09ff400e6cd49fc14a554.jpg" data-gid="gid://syiq/Photo/24284">They also acknowledged the vital contributions of Her Excellency Hadiya Claxton, Special Envoy of the Federation of St. Kitts and Nevis, who played a central role throughout the process.Prime Minister Drew praised the sale as a catalyst for long-term economic growth and international recognition. “We welcome <a data-gid="gid://syiq/Company/7074" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Safe Harbor Marinas (Company)">Safe Harbor Marinas</a> and look forward to the opportunities this partnership with <a data-gid="gid://syiq/Company/4336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Christophe Harbour (Company)">Christophe Harbour</a> will unlock, from job creation and tourism growth to enhanced global visibility for our Federation,” he concluded. <img src="https://photo-assets.superyachttimes.com/photo/354679/image/large-aa1bbc96007571b033985d4d13d6f419.png" data-gid="gid://syiq/Photo/354679">Stay up-to-date with all the latest marina newsFor comprehensive coverage of the global marina industry, visit <a href="https://www.marinaworld.com/" rel="noopener noreferrer" target="_blank" title="">Marina World</a>, the dedicated source for marina development, infrastructure and innovation.

Christophe Harbour acquired by Safe Harbor Marinas

Christophe Harbour Development Company has announced the sale of the Christophe Harbour marina to Safe Harbor Marinas. 

Safe Harbor Marinas acquires Christophe Harbour in St Kitts

When it comes to marina infrastructure in China, much of the attention has focused on Hong Kong, with established sites such as <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 Marina</a> and <a data-gid="gid://syiq/Company/3227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lantau Yacht Club (Company)">Lantau Yacht Club</a>, as well as newer developments like Skytopia and the Hung Hom waterfront project. However, with many of Hong Kong’s marinas operating at or near full capacity, attention is gradually shifting toward neighbouring Shenzhen as a viable and increasingly attractive alternative for yacht owners.<img src="https://photo-assets.superyachttimes.com/photo/361573/image/large-8a1c37535ea41e5bff85d156422cdef8.jpeg" data-gid="gid://syiq/Photo/361573">As one of China’s most dynamic urban centres, Shenzhen has undergone rapid transformation since its designation as a Special Economic Zone in 1980. Today, it is home to more than 17 million people and stands as a leading hub for innovation, finance, and technology. The city hosts the headquarters of major tech firms including Tencent, DJI and Huawei, and its sustained economic growth has fuelled the rise of a sizable high-net-worth population. This concentration of wealth and industry has, in turn, generated strong domestic demand for luxury services, including yachting.SuperYacht Times features writer Enrico Chhibber recently visited <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a> with Ronnie Wang of <a data-gid="gid://syiq/Company/7800" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Yachting Encounters Asia (Company)">Yachting Encounters Asia</a> to explore how the marina is positioning itself within the wider Greater Bay Area. During the visit, Chhibber toured the marina’s facilities and spoke with Managing Director Alex Liu about its evolution, the services it offers, its role in supporting the broader development of yachting infrastructure across the region, and the future plans set to enhance Shenzhen’s position as a yachting destination. <img src="https://photo-assets.superyachttimes.com/photo/361568/image/large-5938a98e92935fb28335e1dfc5cc9904.jpg" data-gid="gid://syiq/Photo/361568">The visit to the marina began with a 40-minute ferry ride from Hong Kong to Shenzhen, followed by a short drive from the terminal to <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a>. Upon arrival, we were welcomed and given a tour of the marina’s indoor facilities, which were immaculately presented. The interiors featured imported sandstone finishes and a range of amenities, including conference rooms for members and hotel-style accommodation for visiting yacht owners staying on site for several nights. After the tour, we sat down for coffee in the dining area with Alex Liu, Managing Director of <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a> and son of the marina’s owner. <img src="https://photo-assets.superyachttimes.com/photo/361587/image/large-c4bcc951589946afcb9914c223193c19.jpg" data-gid="gid://syiq/Photo/361587">Origins of the marinaLiu began by recounting the origins of the marina, which opened in 1994 as part of a broader government initiative to strengthen maritime infrastructure in Shenzhen. “We launched with a vision to create a luxurious and service-oriented yachting community, inspired by Shekou’s prestigious maritime traditions,” Liu explained. Designed by AECOM, Shenzhen Bay Marina Club reflects this heritage while setting new standards for modern yachting facilities in the region.<img src="https://photo-assets.superyachttimes.com/photo/361572/image/large-58411dd0b8aefaa3f8ce990a8239bb02.jpeg" data-gid="gid://syiq/Photo/361572">Read: <a data-gid="gid://syiq/Article/63344" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="A full summary of the Asia-Pacific Superyacht Summit 2025 (2025-05-16 18:00:00 +0200)">A full summary of the Asia-Pacific Superyacht Summit 2025</a>Marina capacity and evolving trendsAs the conversation turned to berthing capacity, Liu explained that Shenzhen Bay Marina currently offers around 300 berths and can accommodate yachts up to 200 feet (approximately 61-metres) in length. Of these, around 200 berths are occupied. “While we do have a strong local Chinese client base, we attract many international yacht owners from Europe, the Middle East, and the Americas,” Liu said. He noted that approximately 50 percent of the yachts are based in Shenzhen, with 30 to 40 percent coming from Hong Kong and Macau, and the remainder from overseas.<img src="https://photo-assets.superyachttimes.com/photo/361586/image/large-41fa3f5ab9176855c34ec1cacaf369de.png" data-gid="gid://syiq/Photo/361586">Liu also highlighted a rising number of Chinese yacht owners living abroad who are choosing to berth at <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina</a>. “We’ve observed a growing trend towards larger, more luxurious yachts, with owners increasingly interested in eco-friendly features and customised onboard experiences,” he added.As we walked through the marina, a notable number of <a data-gid="gid://syiq/Company/361" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Yachts (Company)">Ferretti</a> 850s were berthed alongside the 26.82-metre <a data-gid="gid://syiq/Company/584" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Pershing S.p.a. (Company)">Pershing</a> motor yacht Alduch, several <a data-gid="gid://syiq/Company/2561" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Heysea Yachts (Company)">Heysea</a> models, and a 46.84-metre <a data-gid="gid://syiq/Company/4788" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jinlong Mega Yacht (Company)">Jinlong</a> superyacht <a data-gid="gid://syiq/Yacht/7052" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rui Zi 460146.48m (152'6&quot;)Jinlong Mega Yacht2019">Rui Zi 4601</a>. The scene reflected the diversity of yacht sizes the facility is equipped to accommodate.<img src="https://photo-assets.superyachttimes.com/photo/361584/image/large-0c5f3ac00e4603da24c27d4adbec699d.jpg" data-gid="gid://syiq/Photo/361584">Cross-border connectivity and Shenzhen Bay Marina Club's strategic positionWith marina capacity in Hong Kong reaching its limits, <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina</a> is emerging as a natural alternative for yacht owners seeking high-quality berthing options within close reach of the city. Liu noted that the overflow from Hong Kong presents a significant opportunity for Shenzhen, particularly as the region continues to expand its maritime infrastructure and service capabilities.<img src="https://photo-assets.superyachttimes.com/photo/361583/image/large-c3ac293299eb44623d99e2b482290b2a.jpg" data-gid="gid://syiq/Photo/361583">Launched in 2017, the ‘Guangdong–Hong Kong–Macau Yacht Free Travel’ scheme allows Hong Kong-registered yachts to stay at <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina</a> for up to 183 days as tax-free visiting vessels, provided they operate within designated cruising areas in Guangdong waters. The scheme also permits Chinese-flagged yachts to travel to Hong Kong, with <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a> remaining the only approved mainland port under the policy. Describing the initiative as a “game changer,” Liu emphasised its significance in shaping the marina’s role in the region. The arrangement has not only facilitated cross-border yachting activity but also strengthened <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a>’s position as one of the more attractive marina destinations within the Greater Bay Area.A key limitation, however, remains the restriction on the number of people allowed onboard, which is currently capped at 12 including crew and guests.<img src="https://photo-assets.superyachttimes.com/photo/361585/image/large-70cf80bbe487d6ffa0401af56b57bf95.png" data-gid="gid://syiq/Photo/361585">Events and initiatives driving engagement at Shenzhen Bay Marina ClubIn discussing how Shenzhen can strengthen its position within the Greater Bay Area’s yachting landscape, Liu highlighted the importance of strategic partnerships and curated events in attracting new yacht owners. “Partnerships can attract more yacht owners. Promoting Shenzhen as a luxury yachting hub through international events and marketing campaigns will also elevate its profile,” he stated.<a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a> has increasingly positioned itself as more than a berthing facility by hosting high-profile events that blend lifestyle, branding, and yachting. Collaborations with the Ferretti Group, for example, have featured on-site yacht displays aimed at connecting directly with prospective buyers. The marina has also become a sought-after venue for international fashion houses, with both LVMH and Kering Group holding exclusive events at the waterfront location.These events are also designed to engage the city’s growing base of high-net-worth individuals, many of whom have accumulated their wealth through Shenzhen’s booming tech and innovation sectors. By aligning with luxury brands and curating exclusive experiences, the marina aims to engage this emerging clientele and build stronger links between the yachting lifestyle and the region’s next generation of wealth.<img src="https://photo-assets.superyachttimes.com/photo/361571/image/large-f23cd9340aa7b6e34973100dd9989505.jpeg" data-gid="gid://syiq/Photo/361571">Future plans and developmentsFuture plans and developments Looking ahead, <a data-gid="gid://syiq/Company/8062" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Shenzhen Bay Marina Club (Company)">Shenzhen Bay Marina Club</a> has set out an ambitious roadmap aimed at enhancing both infrastructure and service. “We aim to introduce state-of-the-art docking technology, expand luxury accommodations, and develop a series of exclusive, members-only facilities and events to elevate the overall yachting experience,” Liu explained. “We also plan to expand into yacht management, strengthen our infrastructure, and engage in wider consultation with industry partners.”<img src="https://photo-assets.superyachttimes.com/photo/361588/image/large-83295bdc5d3dd459a9553995d28d66df.png" data-gid="gid://syiq/Photo/361588">

Shenzhen Bay Marina Club’s position in China’s evolving yachting landscape

SuperYacht Times  recently visited Shenzhen Bay Marina Club to explore how the marina is positioning itself within the wider Greater Bay Area.

How Shenzhen Bay Marina Club is positioning itself in China’s evolving yachting landscape

Perini Navi sailing yacht Bayesian sinks in Palermo, Italy

The hull of the 56m yacht Bayesian has now been successfully placed ashore in Termini Imerese, following her recovery from the seabed.

Hull of 56m salvaged yacht Bayesian safely secured in Termini Imerese

Turkish shipbuilding continues to command increasing global recognition for its artisanal craftsmanship, yet few shipyards have propelled the nation’s reputation forward with the same conviction as <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a>. Rooted in the maritime heritage of Istanbul and driven by a bold international outlook, this family-owned yard is navigating a transformative chapter – defined by major expansion and a marked evolution in technical and aesthetic sophistication.<img src="https://photo-assets.superyachttimes.com/photo/362709/image/large-6b028ac11eb92ea6ed61d0f7d1e6eaa7.jpg" data-gid="gid://syiq/Photo/362709"><a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a>’s expanding footprint<a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> has reported a 29 percent increase in its order book, now boasting 13 yachts under construction totalling 711 metres in length – an average of nearly 60 metres per project. This surge in activity mirrors Türkiye’s meteoric rise in global rankings, now second worldwide in superyacht production with 121 active projects. At the heart of this momentum is <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a>, fast becoming one of the most prolific builders of 50-metre-plus yachts globally.The shipyard operates across five purpose-built facilities that span more than 79,450 square metres, including a dedicated marine furniture factory, metal works department, and a custom outfitting space in Antalya. The yard's facility in Yalova has the capacity to construct yachts up to 120-metres and reflects the company's future capability. At this time the 86-metre Bilgin 282 is under construction at the facility and features enhanced design elements, such as increased glazing on the forward bulwarks and significantly larger windows throughout, bringing more natural light into the interior spaces. At 2,200 GT, she is approximately 40% larger than the 80-metre series and represents a major step forward in both volume and design sophistication. The flagship superyacht is due for delivery in 2028 and is a testament to Bilgin's capacity to construct large scale superyacht projects.This infrastructure ensures full control over the build process and supports an in-house team of over 900 highly skilled craftsmen, alongside a trusted network of collaborators. Together, they uphold the hallmarks of <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a>’s identity: precision, luxury, and integrity of craft.<img src="https://photo-assets.superyachttimes.com/photo/360918/image/large-2c7a38163246d3e926996c36e73f72de.jpg" data-gid="gid://syiq/Photo/360918">Signature series and standout yachtsOne of the key drivers of <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a>’s current success is the celebrated <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a> 170 series – a line that embodies the demands of modern superyacht owners. Designed under the 500 GT threshold, these yachts pair custom interiors and panoramic glazing with long-range capabilities and hybrid propulsion. Notable names in design such as <a data-gid="gid://syiq/Company/908" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hot Lab (Company)">Hot Lab</a> and <a data-gid="gid://syiq/Company/4305" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Unique Yacht Design (Company)">Unique Yacht Design</a> lend their vision to the exteriors and interiors, creating sleek, open-plan vessels that reflect both functionality and flair.Among the yard’s most recent achievements is the delivery of the 49.9-metre <a data-gid="gid://syiq/Yacht/10551" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camila49.95m (163'11&quot;)Bilgin Yachts2025">Camila</a> – a striking addition to the <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin</a> portfolio and the second hull from her series. Sold in 2023, <a data-gid="gid://syiq/Yacht/10551" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camila49.95m (163'11&quot;)Bilgin Yachts2025">Camila</a> showcases the builder’s ability to combine athletic exterior styling with refined interior spaces. Her six-stateroom layout accommodates up to twelve guests, with a forward main deck master suite complete with a private office. Lifestyle highlights include a 21-metre sun deck, a 12-metre bridge deck aft, and a beach club fitted with an ice fountain, shower, and relaxed bar area. Her sistership, <a data-gid="gid://syiq/Yacht/9089" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Eternal Spark49.95m (163'11&quot;)Bilgin Yachts2024">Eternal Spark</a>, made waves at last year’s Monaco Yacht Show, further solidifying the series' appeal.<a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> is equally committed to its environmental responsibilities. Sustainability is embedded in the company’s growth strategy, from the adoption of hybrid propulsion systems to waste-reduction initiatives and the use of sustainable materials throughout construction. Each launch from the shipyard is a reflection of this ethos – yachts that are not only luxurious but also engineered with tomorrow in mind.<img src="https://photo-assets.superyachttimes.com/photo/350222/image/large-2800be0f368e3a6e08d14ea020c22c16.jpg" data-gid="gid://syiq/Photo/350222">A global outlookAs <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> evolves from a boutique builder into a global force, it remains deeply anchored to its origins. Every vessel is an expression of Istanbul’s rich heritage of craftsmanship, maritime excellence, and modern design sensibility. The shipyard’s vision is clear: to craft bespoke superyachts that honour their owners’ dreams while pushing the boundaries of innovation and design.With its growing order book, forward-thinking approach, and standout deliveries such as <a data-gid="gid://syiq/Yacht/10551" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camila49.95m (163'11&quot;)Bilgin Yachts2025">Camila</a>, <a data-gid="gid://syiq/Company/1414" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bilgin Yachts (Company)">Bilgin Yachts</a> is not just contributing to Turkey’s shipbuilding growth – it is leading it.

Bilgin Yachts shipyard expansion

Bilgin Yachts is steering Türkiye’s ascent in the global superyacht market, find out more.

Bilgin Yachts: From Istanbul’s shores to the world stage

The 26.39-metre <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> motor yacht Cloudy Bay III has been sold and renamed <a data-gid="gid://syiq/Yacht/14678" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freya III26.39m (86'7&quot;)Sunseeker2016">Freya III</a>, with Jan Schwarze of <a data-gid="gid://syiq/Company/4591" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bristow Holmes (Company)">Bristow Holmes</a> introducing the buyer and Harry Bristow-Holmes of the same brokerage representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/364057/image/large-cf9e7ce0f7697704415a4ced6d3cfe02.jpg" data-gid="gid://syiq/Photo/364057">Delivered in 2016, <a data-gid="gid://syiq/Yacht/14678" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freya III26.39m (86'7&quot;)Sunseeker2016">Freya III</a> features naval architecture, exterior and interior design all conceived by her British builder’s in-house team. The <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a> 86 yacht showcases sleek exterior lines and a spacious interior layout.<img src="https://photo-assets.superyachttimes.com/photo/364045/image/large-9b4f4786a82ddbf6a09dd2f00db78324.jpg" data-gid="gid://syiq/Photo/364045">Inside, her main saloon is accentuated by dark wood panelling and neutral furnishings. Natural light floods the space, thanks to her generous windows. <a data-gid="gid://syiq/Yacht/14678" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freya III26.39m (86'7&quot;)Sunseeker2016">Freya III</a> can comfortably accommodate up to eight guests across four staterooms. Further accommodation is provided for up to four crew members, including the captain. Moving outside, guests can host gatherings or relax during leisurely cruising in her outdoor areas.<img src="https://photo-assets.superyachttimes.com/photo/364047/image/large-20c0a1ea3794569c0eb9e8308f5cd0f4.jpg" data-gid="gid://syiq/Photo/364047">Constructed with a GRP hull and superstructure, <a data-gid="gid://syiq/Yacht/14678" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Freya III26.39m (86'7&quot;)Sunseeker2016">Freya III</a> is powered by twin <a data-gid="gid://syiq/Company/1409" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MTU (Company)">MTU</a> engines, giving her a cruising speed of 20.9 knots and a top speed of 26.1 knots.At the time of her sale, she had a last known asking price of €3,750,000.<img src="https://photo-assets.superyachttimes.com/photo/364066/image/large-562296a98c740276c6dd275926293da8.jpg" data-gid="gid://syiq/Photo/364066">All images provided courtesy of <a data-gid="gid://syiq/Company/4591" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bristow Holmes (Company)">Bristow Holmes</a>.

Sunseeker yacht Cloudy Bay III sold

The 26.39-metre Sunseeker motor yacht Cloudy Bay III has been sold and renamed Freya III.

26m Sunseeker yacht Cloudy Bay III sold, renamed Freya III

Top 20 longest superyachts on the market

SYT runs through the longest superyachts available to purchase. 

SYT’s rundown of the 20 longest superyachts on the market 

Francesca Webster sits down with Hans Webbink, founder and CEO of <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a>, in this exclusive interview about his entrepreneurial journey.Since its founding in 2010, <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a> has carved out a distinct identity in the yachting world – one defined by full customisation, innovative design, and a deeply personal approach to craftsmanship. In this interview, founder Hans Webbink reflects on his career, the shipyard’s unconventional journey, the challenges of scaling a boutique brand, and how recent milestones – including the acquisition of <a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman Shipyard</a> – are setting the stage for the next chapter in <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler’s</a> evolution.<img src="https://photo-assets.superyachttimes.com/photo/364027/image/large-66a4df2871dadae0fd868913bfc1b85f.jpg" data-gid="gid://syiq/Photo/364027">You had a varied corporate career before establishing&nbsp;<a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a>, can you share a bit of your story?I began competitive sailing as an Optimist at the age of four, and from that moment, boats and watersports became a central part of my life. While studying Business Economics at Groningen University, I was part of the Dutch Olympic team in the Flying Dutchman class. To support my sailing, I began trading sailboats.After university, I joined Shell as an oil trader, living and working across Europe, the Middle East and the Caribbean. Sailing became a weekend pursuit. Following the Gulf War – during which I spent five months as a ‘guest’ of Saddam Hussein while serving as GM of Shell Kuwait – I left Shell and took on a global marketing and sales role at Philips. However, the constant relocations began to wear thin. By forty, I realised my true passion lay in boats.<img src="https://photo-assets.superyachttimes.com/photo/333483/image/large-d34e2731df7d8e20bfd64885082905cd.jpg" data-gid="gid://syiq/Photo/333483">In 2001, I left the corporate world and launched Antaris, a yard specialising in fibreglass dayboats and cruisers. Focused on functionality through innovation, we became market leader in the Netherlands by 2008, producing 300 boats annually. After merging with Maril and Makma to form Aquatec Industries – which captured over 50% market share – I sold the company in search of a new challenge, and founded <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a>.The vision was bold: steel yachts that were twice as fast, twice as elegant, and fully custom-built. <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a> launched strongly in 2010, but the financial crisis soon hit, shrinking the steel yacht market by 60%. We pivoted, aiming to compete with leading producers of fast fibreglass yachts. In collaboration with <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a>, we introduced the NG43 Offshore – our first aluminium planing motoryacht. This highly efficient, custom-built vessel won the 2016 European Powerboat of the Year award, making <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a> the first Dutch yard to triumph in this competitive category.When you founded&nbsp;<a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a>&nbsp;in 2010, what gap in the market were you aiming to fill and how has that vision evolved?At the time, steel motoryachts had a poor reputation – slow, boxy, and standardised, often likened to “caravans on the water.” Buyers had little room for personalisation, which felt entirely at odds with the investment required.Steeler was created to change that. From the outset, our philosophy was simple: we don’t sell yachts – we build exactly what each client needs. Full customisation became our cornerstone. Working with designer Martin Bekebrede, we launched the NG series – a platform combining timeless design with exceptional space utilisation. No two builds are alike, and we’ve delivered 110 unique motoryachts to date.<img src="https://photo-assets.superyachttimes.com/photo/289732/image/large-f411ceaa0c583f40202a4fd04ed2fab5.jpg" data-gid="gid://syiq/Photo/289732">We also challenged performance expectations. Instead of limiting clients to inland cruising speeds, we designed yachts capable of 10 to 15 knots – ideal for both rivers and coastal waters. As the market responded, recognition followed, with <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a> receiving awards and nominations almost every year since 2011. In 2013, we collaborated with <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> to develop our first aluminium planing yacht, the NG43 Offshore. Its exceptional efficiency and handling won the European Powerboat of the Year award in 2016 – the first Dutch yard to do so in the production-dominated category.Our move into aluminium planing yachts expanded the concept further. Aluminium offered strength, efficiency, and stability – a compelling alternative to mass-produced fibreglass yachts. Though more costly to build, the result was a better yacht.While our client-first approach mirrors that of Dutch superyacht builders, it’s rare in the 50 to 100-foot segment. <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a> now attracts owners seeking a more private, lower-maintenance alternative to larger yachts – without compromising on quality. Many describe us as a “barn find” in the market.With the acquisition of <a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman Shipyard</a> and sixteen yachts currently in build – a record for us – we’re focused on growing global recognition for a boutique shipyard offering a superyacht experience on a smaller scale.<img src="https://photo-assets.superyachttimes.com/photo/364028/image/large-0e792fcc12257b4de507d414c7f5749a.jpg" data-gid="gid://syiq/Photo/364028">What were some of the biggest challenges in scaling a brand that prioritises bespoke craftsmanship?The main challenges have been twofold. First, limited resources for global marketing have made it difficult to reach our niche audience – highly discerning clients who often don’t know about us until they “discover” <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a>. Fortunately, once they do, our 99% customer loyalty since 2010 speaks volumes.Second, inflation presents risks during our typical two-year build cycle. This requires a foundation of trust and transparency with clients to navigate unexpected cost fluctuations together.What sets&nbsp;<a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a>&nbsp;apart in a highly competitive industry?In the 50 to 100-foot segment, our proposition is unique: full customisation, innovative design, personal service, and top-tier craftsmanship. While we lack economies of scale, this is precisely why our clients choose us – for our boutique approach and relentless focus on exceeding expectations.<img src="https://photo-assets.superyachttimes.com/photo/296260/image/large-4bbf4f4afa92522d93f1c06411993556.jpg" data-gid="gid://syiq/Photo/296260">What led to the decision to acquire&nbsp;<a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman</a>&nbsp;– and why now?A surge in orders for our Ocean Explorer, Enigma, Ace 59, Supersport, and S-lines created a capacity bottleneck at our yard in Steenwijk. <a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman</a>, just ten minutes away, had the space, skilled team, and shared values – many of their staff even had previous ties to <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a>.Although the bankruptcy was traumatic for the <a data-gid="gid://syiq/Company/4784" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Holterman Shipyard (Company)">Holterman</a> team, the transition was smooth. Production in Meppel, the Netherlands has resumed at full strength, with both teams now working seamlessly together. Initially, there was natural rivalry – we had been competitors for years. But through open dialogue, shared vision, and simply working side-by-side, that tension quickly turned into mutual respect. Today, there’s a strong sense of collaboration and learning between both teams.<img src="https://photo-assets.superyachttimes.com/photo/296259/image/large-753fbd78f9740bc1d8004334be3441b6.jpg" data-gid="gid://syiq/Photo/296259">What’s your vision for&nbsp;<a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler Yachts</a>&nbsp;over the next five years?With added capacity, we aim to deliver at least ten yachts per year without compromising our boutique identity. This scale enables greater investment in product development and branding – positioning <a data-gid="gid://syiq/Company/5726" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Steeler Yachts (Company)">Steeler</a> as a global leader in the niche of small, custom superyachts.&nbsp;What advice would you give someone starting a yacht-building company today?If you think you’ve been busy in corporate life – just wait. But if you have a vision that genuinely offers something different for yacht buyers, go for it. Be brutally honest about your strengths, surround yourself with the best, and build a business plan that leaves no blind spots.This article was first published in&nbsp;<a href="https://www.superyachttimes.com/yacht-news/superyacht-times-issue-53-published" rel="noopener noreferrer" target="_blank" title="">Issue 53 of the SuperYacht Times newspaper, available for download here.</a>

Steeler Yachts Ceo Hans Webbink

Francesca Webster sits down with the founder and CEO of Steeler Yachts in this exclusive interview about his entrepreneurial journey

Entrepreneur in Yachting: Hans Webbink of Steeler Yachts

The 35.97-meter <a data-gid="gid://syiq/Company/893" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Swiftships Inc. (Company)">Swiftships</a> motor yacht <a data-gid="gid://syiq/Yacht/3090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uh Oh35.97m (118'0&quot;)Swiftships Inc.1990">Uh Oh</a> sold in a deal with Andrew LeBuhn of <a data-gid="gid://syiq/Company/6" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Camper & Nicholsons International (Company)">Camper &amp; Nicholsons</a> introducing the buyer and Mark Parker of <a data-gid="gid://syiq/Company/2223" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="HMY Yacht Sales (Company)">HMY Yacht Sales</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/302684/image/large-fd66f52ce3e97b5c5da0c88f60bf7e81.jpg" data-gid="gid://syiq/Photo/302684">Delivered in 1990, <a data-gid="gid://syiq/Yacht/3090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uh Oh35.97m (118'0&quot;)Swiftships Inc.1990">Uh Oh</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/796" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Fry Associates Inc. - Fryco (Company)">Fry Associates Inc.-Fryco</a>, with interior design penned by US-based design house <a data-gid="gid://syiq/Company/498" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bonville Associates (Company)">Bonville Associates</a>. She has been well maintained over the years with regular refits, with her most recent completed in 2024 with the <a data-gid="gid://syiq/Company/5597" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Universal Marine Center (Company)">Universal Marine Center</a>.<a data-gid="gid://syiq/Yacht/3090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uh Oh35.97m (118'0&quot;)Swiftships Inc.1990">Uh Oh</a> can comfortably accommodate up to eight guests across a four stateroom configuration, with her master suite situated on the main deck and three additional staterooms on the lower deck.Performance-wise, <a data-gid="gid://syiq/Yacht/3090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uh Oh35.97m (118'0&quot;)Swiftships Inc.1990">Uh Oh</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 that provide her with a top speed of 14 knots and a cruising speed of 10.5 knots. <a data-gid="gid://syiq/Yacht/3090" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Uh Oh35.97m (118'0&quot;)Swiftships Inc.1990">Uh Oh</a> had a last known asking price of $2,495,000 at the time of her sale.(Image courtesy of HMY Yacht Sales)

Uh Oh: 36m Swiftships yacht sold

The 35.97-meter Swiftships motor yacht Uh Oh sold, with a last known asking price of $2,495,000 at the time of her sale.

36m Swiftships motor yacht Uh Oh sold

<img src="https://photo-assets.superyachttimes.com/photo/363973/image/large-17ef2ac003ac39c4c7dbe4beb1311e62.jpeg" data-gid="gid://syiq/Photo/363973">Three of <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>’s most iconic superyachts, <a data-gid="gid://syiq/Yacht/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahpo115.1m (377'7&quot;)Lürssen Yachts2021">Ahpo</a>, <a data-gid="gid://syiq/Yacht/7683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blue160.0m (524'11&quot;)Lürssen Yachts2022">Blue</a>, and <a data-gid="gid://syiq/Yacht/6424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Flying Fox136.0m (446'2&quot;)Lürssen Yachts2019">Flying Fox</a>, were recently seen anchored off the northern coast of Sardinia. Seen centre stage in this picture is the 136-metre superyacht <a data-gid="gid://syiq/Yacht/6424" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Flying Fox136.0m (446'2&quot;)Lürssen Yachts2019">Flying Fox</a>, one of the most sought-after charter yachts in the world. Delivered in 2019, she is instantly recognisable by her sweeping curves, twin helipads and expansive 22.5-metre beam. Recently reflagged from the Cayman Islands to Malaysia, the yacht features an unmatched wellness experience, including a 400-square-metre spa with a cryo-sauna, hammam and full dive centre.The 115.1-metre <a data-gid="gid://syiq/Yacht/7335" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ahpo115.1m (377'7&quot;)Lürssen Yachts2021">Ahpo</a>, another standout <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> build with a bold exterior by <a data-gid="gid://syiq/Company/65" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nuvolari Lenard (Company)">Nuvolari Lenard</a>, was <a data-gid="gid://syiq/Article/63446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="115m Lürssen superyacht Ahpo in Miami (2025-05-29 08:00:00 +0200)">spotted in Miami last month</a> and now finds herself back cruising the Mediterranean. Seen in the foreground of this shot, she was delivered in 2021 and showcases a generous interior volume of 5,257 GT tailored for private family living, complete with a wellness centre, cinema, and expansive owner’s suite. <a data-gid="gid://syiq/Article/63446" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="115m Lürssen superyacht Ahpo in Miami (2025-05-29 08:00:00 +0200)">Ahpo is currently listed for sale with Edmiston and Moran Yacht &amp; Ship at an asking price of €340 million.</a>Framing the scene in the background is the 160-metre superyacht <a data-gid="gid://syiq/Yacht/7683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blue160.0m (524'11&quot;)Lürssen Yachts2022">Blue</a>, the largest yacht in this trio and the second-longest ever built by the shipyard, surpassed only by the 180.61-metre superyacht <a data-gid="gid://syiq/Yacht/4638" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Azzam180.61m (592'7&quot;)Lürssen Yachts2013">Azzam</a>.&nbsp;Owned by a high-profile Middle Eastern figure, <a data-gid="gid://syiq/Yacht/7683" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Blue160.0m (524'11&quot;)Lürssen Yachts2022">Blue</a> accommodates up to 48 guests and a crew of 80, and is powered by a diesel-electric hybrid propulsion system that allows her to cruise efficiently at speeds of up to 22 knots.If you would like to see your photo featured each day, then send your submissions to&nbsp;<a href="mailto:news@superyachttimes.com" target="_blank">news@superyachttimes.com</a>.

110m+ Lürssen superyacht lineup in Sardinia

The three Lürssen superyachts Ahpo, Blue and Flying Fox were seen anchored here in Sardinia, Italy. 

<a data-gid="gid://syiq/Company/396" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port Vauban (Company)">Port Vauban</a> in Antibes has announced that it is now able to provide liquid hydrogen (LH2) bunkering for superyachts. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/364025/image/large-308ca719bb54b74e10571c97932d34b7.png" data-gid="gid://syiq/Photo/364025">The announcement followed several years of preparation involving <a data-gid="gid://syiq/Company/396" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Port Vauban (Company)">Port Vauban</a>, international liquid hydrogen specialists, bunkering companies, the Antibes SDIS, the port authority and departments of the town of Antibes-Juan-les-Pins.Since 2023, the port’s managing entity SAS Vauban 21 has refurbished and enlarged part of the outer harbour at the IYCA quay to support this capability. The refuelling can be carried out by lorry over several hours, with no fixed installations or on-site storage of liquid hydrogen required. Operations take place on a designated concrete surface, with connections made between the refuelling truck and the yacht.<img src="https://photo-assets.superyachttimes.com/photo/329190/image/large-830f185f787f1b158d68274659f19d8b.jpg" data-gid="gid://syiq/Photo/329190">Each refuelling is subject to validation by the port and port authority and is conducted under a strict protocol based on a dedicated risk analysis. The process is monitored by the yacht’s team, the bunkering company and port officials.The announcement comes following the successful completion of the first bunkering of liquid hydrogen in the Netherlands in May 2025, where <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a>’s revolutionary superyacht <a data-gid="gid://syiq/Yacht/8907" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Breakthrough118.8m (389'9&quot;)Feadship2025">Breakthrough</a> was the first recipient.&nbsp;Read: <a data-gid="gid://syiq/Article/63495" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="118m Feadship yacht Breakthrough first to receive liquid hydrogen bunkering in the Netherlands (2025-06-04 17:15:00 +0200)">118m Feadship yacht Breakthrough first to receive liquid hydrogen bunkering in the Netherlands</a><img src="https://photo-assets.superyachttimes.com/photo/329188/image/large-1d0afd45d03e0b0e27b9b4cda1e85db3.jpg" data-gid="gid://syiq/Photo/329188">In 2017, SAS Vauban 21 was appointed to manage Port Vauban under a 25-year agreement awarded by the town of Antibes. The consortium includes the Nice Côte d’Azur Chamber of Commerce and Industry, Caisse des Dépôts (via Banque des Territoires), and Caisse d’Epargne Côte d’Azur.Stay up-to-date with all the latest marina news For comprehensive coverage of the global marina industry, visit <a href="https://www.marinaworld.com/" target="_blank">Marina World</a> – the dedicated source for marina development, infrastructure and innovation.

Port Vauban offers liquid hydrogen bunkering for superyachts

Port Vauban in Antibes has announced that it is now able to provide liquid hydrogen (LH2) bunkering for superyachts. 

The 40.16-metre <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> motor yacht <a data-gid="gid://syiq/Yacht/6748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seed40.16m (131'9&quot;)Princess Yachts2019">Seed</a> sold in a deal with Yannick Altevolmer of <a data-gid="gid://syiq/Company/120" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Drettmann Yachts (Company)">Drettmann Yachts</a> introducing the buyer and Mark Woodmansey of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/313882/image/large-8bf69e1171bec1986ea5a627ef86af8e.png" data-gid="gid://syiq/Photo/313882">Delivered in 2019 as part of the <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess</a> 40M series, <a data-gid="gid://syiq/Yacht/6748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seed40.16m (131'9&quot;)Princess Yachts2019">Seed</a> features exterior design by long-standing collaborator <a data-gid="gid://syiq/Company/2740" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Olesinski Ltd. (Company)">Olesinski</a>, with interior design penned by <a data-gid="gid://syiq/Company/17" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bannenberg & Rowell Design (Company)">Bannenberg &amp; Rowell Design</a> and naval architecture courtesy of her British builder <a data-gid="gid://syiq/Company/1912" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Princess Yachts (Company)">Princess Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/335280/image/large-adc115b61887b476de3722fe07b71dd0.jpg" data-gid="gid://syiq/Photo/335280"><img src="https://photo-assets.superyachttimes.com/photo/335292/image/large-189e892439c966cc99db12384356e00f.jpg" data-gid="gid://syiq/Photo/335292"> <a data-gid="gid://syiq/Yacht/6748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seed40.16m (131'9&quot;)Princess Yachts2019">Seed</a> is capable of accommodating up to eight guests across a sumptuous four stateroom layout, including a main-deck, full-beam master suite, while a VIP suite can be found on the lower deck, complete with a bathtub and two twin staterooms that can be converted to doubles.<img src="https://photo-assets.superyachttimes.com/photo/335287/image/large-cd7a4bd3d4513fe4fe0b73b614b3c8b9.jpg" data-gid="gid://syiq/Photo/335287">In terms of her performance, <a data-gid="gid://syiq/Yacht/6748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seed40.16m (131'9&quot;)Princess Yachts2019">Seed</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 that propel her to a top speed of 23 knots and a cruising speed of 12 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/6748" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Seed40.16m (131'9&quot;)Princess Yachts2019">Seed</a> had a last known asking price of €17,000,000.&nbsp;

Seed: 40m Princess motor yacht sold

The 40.16-metre Princess motor yacht Seed sold, with a last known asking price of €17,000,000. 