When it comes to winter destinations for superyachts, the Caribbean often dominates the conversation. However, recent attention has shifted towards the Red Sea, fuelled by extensive marina development projects on both the Saudi Arabian and Egyptian sides.Strategically located near the Mediterranean, the Red Sea offers superyachts a seamless transition from their summer cruising grounds and is progressing towards becoming a leading winter yachting destination.Despite this progress, several critical areas still require further development to fully realise the Red Sea’s potential as a sought-after destination. These include enhancing collaboration between nation-states, expanding infrastructure, adjusting regulatory frameworks for foreign-flagged vessels, and implementing robust sustainability measures to preserve its rich biodiversity.<img src="https://photo-assets.superyachttimes.com/photo/340269/image/large-9e9fc0cee2376c5984af362e554aca7a.jpg" data-gid="gid://syiq/Photo/340269">At the latest <a data-gid="gid://syiq/Event/232" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Gulf Superyacht Summit - 2024">Gulf Superyacht Summit</a> in Dubai, the 'Red Sea Opportunity' panel discussion featured Bahi Naguib, Red Sea Operations Director at <a data-gid="gid://syiq/Company/7369" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Felix Maritime Agency (Company)">Felix Maritime Agency</a>; Vienna Eleuteri, CEO Advisor for Regenerative Development, Regulations, and Policies at the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">Saudi Red Sea Authority</a> (<a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a>); Txema Rubio, Commercial Director of the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>; and Rayan Bukhari, General Manager of <a data-gid="gid://syiq/Company/2220" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Hill Robinson (Company)">Hill Robinson Saudia</a>. The panelists explored the current progress of key projects and regulatory developments in Saudi Arabia and Egypt, discussing the potential impacts of these ambitious initiatives.The critical role of collaboration between Egypt and Saudi ArabiaTo develop the Red Sea into a superyacht destination, symbiotic collaboration between nearby nations is crucial for its development. Naguib emphasised the necessity of joint efforts between Saudi Arabia and Egypt. He stated, "Everything that passes through Saudi must also traverse the Suez Canal in Egypt. Both the Egyptian government and the private sector are crucial in supporting Saudi Arabia’s initiatives to develop this destination. Given the numerous stakeholders and complex dynamics involved, ensuring seamless access is essential." He noted that operations in the Suez Canal must be as efficient as possible and mentioned that, with cooperative efforts from the Saudi government, Egypt is working to streamline these processes. Furthermore, Naguib highlighted recent regulations introduced by the <a data-gid="gid://syiq/Company/7490" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Suez Canal Authority (Company)">Suez Canal Authority</a>, which offer a 30% discount to yachts under 300 tonnes traveling to the Red Sea, describing this as a commendable first step. However, he stressed the need for further development of infrastructure and destinations in the Red Sea region.Bukhari concurred with Naguib’s points but introduced an additional perspective. "For me, it’s quite straightforward, whether we’re discussing the Egyptian or the Saudi side of the Red Sea. To stimulate growth in the yachting ecosystem, we must create demand," he explained. "This involves developing a compelling and desirable itinerary, especially from the Saudi perspective, with which I am more familiar." Bukhari underlined that numerous developments are in progress. "There are exciting prospects on the horizon, both short-term and long-term. A prime example is the success of the <a data-gid="gid://syiq/Company/6557" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Jeddah Yacht Club & Marina (Company)">Jeddah Marina &amp; Yacht Club</a> and <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a> in <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>, although, like any project, they require some adjustments. If we continue on this path, I am confident that soon we will establish an attractive itinerary for any superyacht."<img src="https://photo-assets.superyachttimes.com/photo/340144/image/large-2c026ddbd656a1ed4fdbf1fb87bd0b9b.jpg" data-gid="gid://syiq/Photo/340144">Rubio agreed with Bukhari’s point on the importance of creating a compelling itinerary in the Red Sea region. He added, “From our perspective, we play a modest yet crucial role, operating with rigorous discipline and a commitment to adaptability.” Rubio emphasised the broader challenges, stating, “Ultimately, there is a significant amount of infrastructure that still needs to be developed, and while our role may be small, it is essential. Our work not only supports the creation of itineraries but also ensures the availability of services and maintenance, which are critical for the success of winter cruising in the region.Evidence of how successful collaboration between Saudi Arabia and Egypt can be instrumental in developing the Red Sea was underscored by Naguib ahead of the Saudi Red Sea Week. He highlighted that a delegation from Saudi Arabia visited Egypt, which greatly enhanced direct communication between the two countries, particularly in relation to the Suez Canal. “The Egyptian authorities were proactive in ensuring smooth transit for numerous vessels,” Naguib reported. “This official delegation provided Egypt with valuable insights into the expectations and requirements of their clients.” He added that the outcomes not only met but, in some cases, exceeded expectations. “Many were pleasantly surprised by the efficiency of passing through the Suez Canal,” he recounted, emphasising the collaborative efforts of the two governments and their promising potential to establish the Red Sea as a premier destination for yachts.<img src="https://photo-assets.superyachttimes.com/photo/285492/image/large-4b771601-8882-42a3-840f-de9e06e3473e.jpeg" data-gid="gid://syiq/Photo/285492">Regulations and their role in developing the Red SeaWhile infrastructure and international cooperation are crucial, regulatory frameworks are equally vital in shaping the Red Sea's future as a yachting paradise. For a yachting destination to be truly attractive, regulations that facilitate the cruising of foreign-flagged private and commercial vessels are essential. Although a region may boast many marinas, if the conditions do not support easy cruising, it will be challenging to attract superyachts to the area.Eleuteri emphasised the critical role of comprehensive and detailed regulations in advancing yachting activities in the Red Sea. She noted that the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> was established to develop a regulatory framework aimed at promoting a thriving maritime sector in the Saudi-administered Red Sea. This framework supports shipyard operations and provides a broad range of services for yachting and superyachting. "By creating a regulatory ecosystem, we ensure that operations not only meet the highest standards but also align with specific sustainability goals. Our goal is to foster an environment where all activities are conducted at their best," she stated. Furthermore, Eleuteri highlighted the importance of innovation across all aspects of this ecosystem and underscored the necessity of collaboration. "The ocean, as we know, has no boundaries and connects us all. I concur with the panellists' earlier points that collaborative and participatory approaches are crucial to our success."Bukhari echoed Eleuteri’s point, explaining that regulations in Saudi Arabia are currently managed through a collaboration between many government entities, ministries and the Saudi Red Sea Authority. He highlighted the establishment of Ebhar, Saudi Arabia's counterpart to Egypt's Manassa platform - a portal that consolidates all government procedures and information from 20 agencies. Ebhar streamlines processes such as yacht registration, procedures for entering and leaving the Kingdom, sailing permits, issuing navigational licenses, and registering yachts under the Saudi flag. “Ebhar dramatically changed the landscape for us,” he remarked. “With its launch and initial release, it marked the beginning of proper governance and the establishment of a healthy yachting ecosystem.”<img src="https://photo-assets.superyachttimes.com/photo/334955/image/large-f6eb5e3e3f5b2a77e6cfc08ed64138c9.jpg" data-gid="gid://syiq/Photo/334955"> On the topic of dealing with superyachts registered under foreign flag states, Bukhari noted that processes can vary depending on the yacht's flag. “If you're talking about white-listed flags, most procedures are straightforward,” he explained. “However, for grey-listed or black-listed flags, the approach can differ. As an agent, I may not be fully positioned to provide a definitive answer, but I believe there are specific processes in place to handle incoming yachts from a customs and immigration perspective, depending on their flag.” He also addressed the issue of VAT, adding, “There are policies and procedures in place, and if followed correctly, VAT can be reclaimed based on factors such as the goods, the time frame, and how and where the records are maintained.”Regarding whether the <a data-gid="gid://syiq/Company/7269" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Saudi Red Sea Authority (Company)">SRSA</a> collaborates with other stakeholders to establish dialogue for improving regulations in the Red Sea, Vienna Eleuteri shared insights into ongoing efforts. “At present, several initiatives are underway to establish systemic collaborations with major international organizations in the field. Dialogue has been ongoing for some time, and several specific initiatives are currently in progress. For instance, following discussions in Monaco with major player in the industry, we are planning to organise a roundtable. This roundtable will focus on developing sustainable solutions, addressing needs such as those of local fishermen and yachts navigating the Red Sea,” Eleuteri explained. She added that these initiatives are being prepared for a more systematic approach. “There is a clear willingness to progress, and I consider this a very promising start.”<img src="https://photo-assets.superyachttimes.com/photo/291613/image/large-faa764426b1c1ec713163946753184f9.jpeg" data-gid="gid://syiq/Photo/291613">Role of sustainability and its importance in making the Red Sea Region attractiveWith extensive marina construction underway on both the Egyptian and Saudi-administered sides of the Red Sea, discussions about sustainability and the preservation of the region's ecosystem and biodiversity have naturally been raised. Eleuteri addressed this topic, highlighting the launch of the National Red Sea Sustainability Strategy by His Royal Highness Prince Mohammed bin Salman. She explained that the initiative goes beyond implementing regulatory codes and guidelines for building and operating in the Red Sea. “It aims to position Saudi Arabia as a global benchmark for a regenerative and sustainable blue economy,” she said. Eleuteri further emphasised the importance of preserving the region's pristine environment, which underlines the imperative for stringent environmental protections.” The strategy, she noted, focuses on preparing for a deeper understanding of ecological footprints and striving to achieve natural climate-positive contributions. “This is not just an environmental mandate,” she explained, “but a comprehensive framework built on five key pillars: environmental protection, economic development, social development, safety and security, and governance and collaboration.” Eleuteri emphasised that any activities planned in the Red Sea must align with these pillars to build a truly sustainable economy in the region.She also highlighted the sustainable approach to investment, supported by tools to measure both negative and positive impacts. “As we develop new activities or construct facilities, we remain focused on how these contributions enhance GDP, which is critical. More importantly, we are now positioned to report on national determined contributions,” she said, referring to the agreements where industries commit to positively impacting the climate. <img src="https://photo-assets.superyachttimes.com/photo/273322/image/large-81c76517a9d6ab0a6ba06abc70e22e99.jpg" data-gid="gid://syiq/Photo/273322">Naguib agreed with Eleuteri’s point and expanded stating: “And just to add to that, on the sustainability front, Egypt could learn a great deal from your approach. Additionally, on the sustainability front, Egypt stands to benefit immensely from your strategic long-term vision, which places sustainability at the core of developments in the Red Sea. For it to be a lasting and viable destination, it's crucial to ensure that the beautiful dive sites and coral reefs remain intact. Additionally, there is a need for equity, which includes looking after both the fishermen and the yachting community, despite their competing interests.” Naguib also pointed out the critical importance of the regulatory framework, saying, “When you introduce new regulations, we on the Egyptian side pay close attention. We often take inspiration from your models, adapting them with slight modifications to fit our context.”Infrastructure and yacht related servicesFor the Red Sea to become an attractive destination, essential refit facilities and yacht-related services must be established to support visiting yachts. Refit capabilities are particularly crucial, as they provide necessary services, attract yachts to the region for maintenance, and encourage them to remain longer.<img src="https://photo-assets.superyachttimes.com/photo/261740/image/large-0fc9b6da51fb1ccc13fcad3f3ab28963.jpg" data-gid="gid://syiq/Photo/261740">Last year, the <a data-gid="gid://syiq/Company/7941" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Group (Company)">MB92 Group</a>, which includes <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">MB92 Barcelona</a> and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">MB92 La Ciotat</a>, announced a partnership to establish a 10,000-square-metre repair facility. This facility is located near <a data-gid="gid://syiq/Company/7371" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="NEOM (Company)">NEOM</a>’s luxury island and yachting destination, <a data-gid="gid://syiq/Company/7283" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sindalah Marina (Company)">Sindalah</a>. During the panel, Rubio shared further insights into the initiative, stating: “We are starting small, relatively speaking. It’s not the same size as the shipyards we have in <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> or <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona</a>, but it’s a brand new, made-to-measure service facility. We will have a paint shed, a 300-ton travel lift, and a capacity to handle yachts up to 45-metres in length, accommodating around 25 yachts at the same time. Additionally, we will be able to provide offsite services for larger yachts if needed.”Regarding the workforce, Txema Rubio explained that development is still in progress. “We currently have four staff members at the facility, including the managing director, and the workforce strategy aligns with our commitment to local growth,” he noted. “What makes sense is to grow locally.” Rubio elaborated on the implementation plan, which involves a mix of local and international companies establishing operations in the area. “Our experience in <a data-gid="gid://syiq/Company/97" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 Barcelona (Company)">Barcelona&nbsp;</a>and <a data-gid="gid://syiq/Company/547" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="MB92 La Ciotat (Company)">La Ciotat</a> has shown that attracting OEMs (Original Equipment Manufacturers) can be highly effective. They bring their teams, start training local staff, and create a balanced mix of expertise,” he shared. “The result is a strong collaboration between the expertise of major brands and a skilled local workforce integrated into the shipyard.”Eleuteri expanded on the topic, stressing the unique challenges and opportunities involved in building an industry from the ground up. “Creating an entire industry from scratch is incredibly exciting,” she stated. “It’s not easy, of course, but there are so many aspects to consider, including the professionals involved.” She emphasised the importance of knowledge transfer, adding, “It’s happening in a very smooth and effective way, which is wonderful to see. We are even working on regulating and developing standards for job profiles, training, and certification. All of this contributes to the broader yachting ecosystem.” Eleuteri concluded by underscoring the significance of the moment: “We have this unique opportunity to get it right.”<img src="https://photo-assets.superyachttimes.com/photo/291466/image/large-ee3cbb034446ab3174540d0191674f33.jpeg" data-gid="gid://syiq/Photo/291466">The Red Sea's emergence as a leading winter yachting destination hinges on a multifaceted approach involving enhanced inter-state collaboration, substantial infrastructural developments, stringent yet flexible regulatory frameworks, and steadfast commitments to sustainability. As stakeholders continue to navigate the complexities of this transformation, the collective efforts of nations, industry leaders, and local communities will be crucial in realising the vision of a vibrant, sustainable maritime ecosystem. Despite the progress made, there is still much work to be done. As Eleuteri succinctly remarked, “As a Roman, I can say that Rome wasn’t built in a day.”

Can the Red Sea become a leading winter destination?

Alaiya and Talisman C yacht at Jeddah Yacht Club 

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Coral Reef, Red Sea

Jeddah, Saudi Arabia

IJE yacht cruising in the Suez Canal

Ismailia marina, Egypt 

Sindalah Island, NEOM, Saudi Arabia

Gulf Superyacht Summit 2024 Day 1

Gulf Superyacht Summit 2024 Day 2

When it comes to Winter destinations for superyachts, the Caribbean often dominates the conversation.

Can the Red Sea become a leading winter destination for superyachts?

<a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">Royal Yacht International (RYI)</a> has announced their expansion to Miami and the appointment of JC Weller as Senior Sales Broker and Area Manager.&nbsp;In his new role, Weller will lead <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYI</a>’s Miami sales operations, bringing with him a wealth of luxury yacht sales experience and knowledge of the Miami market. <img src="https://photo-assets.superyachttimes.com/photo/352955/image/large-35c5f1ccd319ea19c6c3e840871d9345.jpg" data-gid="gid://syiq/Photo/352955">The expansion and new appointment are aimed at strengthening the brokerage firm’s presence in the Americas, providing service to the <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYI</a> clients worldwide.&nbsp;“Miami's prominence as a yachting hub makes it the perfect location for <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYl</a>'s expansion, offering seamless access to ultra-high-net-worth clientele, world-class marinas, and the vibrant South Florida lifestyle,” <a data-gid="gid://syiq/Company/4680" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Yacht International (Company)">RYI</a> stated in a press release.&nbsp;

Royal Yacht International expands to Miami and appoints JC Weller as Area Manager 

Royal Yacht International (RYI) has announced their expansion to Miami and the appointment of JC Weller as Senior Sales Broker and Area Manager. 


<a data-gid="gid://syiq/Company/136" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Independence (Company)">Ocean Independence</a> has announced the return of Michael Bach to its team as a Sales &amp; Purchase Consultant, based in Fort Lauderdale.<img src="https://photo-assets.superyachttimes.com/photo/352822/image/large-2ccb0359b8639d8dc12ac83dfed694fd.jpg" data-gid="gid://syiq/Photo/352822">Michael brings a wealth of experience to the role, with a lifelong passion for yachting that began in the American Midwest, where he raced one-design yachts extensively and competed at a collegiate level while attending the University of Wisconsin.After graduating with a BA in English Literature, he transitioned into professional yachting, working his way up from chartering in the Caribbean to racing in the Mediterranean, the Caribbean and the Pacific.In 1992, Michael relocated to San Diego to take a position as a service representative for Barient/Sparcraft during the America’s Cup. Over the past 25 years, he has gained extensive experience representing leading new build and service yards, including <a data-gid="gid://syiq/Company/121" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palmer Johnson Yachts (Company)">Palmer Johnson</a>, <a data-gid="gid://syiq/Company/228" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Intermarine S.p.A. (Company)">Intermarine</a> and <a data-gid="gid://syiq/Company/243" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Rybovich Shipyards (Company)">Rybovich</a>.&nbsp;His expertise spans working with the brokerage community, yacht owners and managers, as well as participating in high-profile marketing events and sales efforts. His deep understanding of yacht construction and maintenance costs provides valuable insight to his clients.Michael will be attending the <a data-gid="gid://syiq/Event/267" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Palm Beach International Boat Show - 2025">Palm Beach International Boat Show 2025</a>. <img src="https://photo-assets.superyachttimes.com/photo/352305/image/large-e168a45f3f72806a700775e758e22898.jpg" data-gid="gid://syiq/Photo/352305">SuperYacht Times at Palm Beach International Boat ShowSuperYacht Times will be attending the show alongside their partners, YachtEye, a leading guest information system. As an official media sponsor, SuperYacht Times will be hosting three panel discussions at the new indoor pavilion in the Superyacht Show at Palm Harbor Marina.Read:&nbsp;<a data-gid="gid://syiq/Article/62855" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Speakers announced for PBIBS 2025 panel discussions (2025-03-13 16:00:00 +0100)">Speakers announced for PBIBS 2025 panel discussions</a><img src="https://photo-assets.superyachttimes.com/photo/352330/image/large-a26b723cab1504b36c8f2f735596e13d.jpg" data-gid="gid://syiq/Photo/352330">You can also meet with our Sales or Editorial Teams, where Sales Managers Justus Papenkordt and Nuri Ozkaya will be available to connect with at <a href="mailto:sales@superyachttimes.com" title="">sales@superyachttimes.com</a> or you can meet with News Editor Sophie Spicknell and Features Editor Emma Dailey by emailing <a href="mailto:news@superyachttimes.com" title="">news@superyachttimes.com</a>.Attendees can schedule meetings with Daniel van Dongen, Sales Manager for YachtEye by reaching out via email to <a href="mailto:daniel@yachteye.com" title="">daniel@yachteye.com</a>.Ralph Dazert, SuperYacht Times’ Head of Intelligence will also be available to offer demos of SuperYacht iQ, the industry’s number one data intelligence database. To book a meeting with Ralph, reach out to him at <a href="mailto:ralph@superyachttimes.com" title="">ralph@superyachttimes.com</a>.

Michael Bach returns to Ocean Independence as a Sales & Purchase Consultant

Ocean Independence has announced the return of Michael Bach to its team as a Sales & Purchase Consultant, based in Fort Lauderdale.

UK-based brokerage <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> International Boat Sales has announced a strategic restructuring of its sales team, following sustained business growth. The restructuring includes a series of internal promotions and new appointments designed to enhance operational efficiency and strengthen Ancasta’s market presence across the UK and Europe.Nick Griffith, Managing Director of <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> Group, commented on the changes: “This is an exciting time for <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> as we continue to build on our success and strengthen our position in the industry.”<img src="https://photo-assets.superyachttimes.com/photo/352299/image/large-091cf5649b28b74316e89eb2366b5e4d.jpg" data-gid="gid://syiq/Photo/352299">Stuart Brotherton | Sales Network DirectorStuart Brotherton has been promoted to Sales Network Director, where he will manage and develop <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s network of 22 brokerage offices across the UK and Europe.Stuart joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2015 as Brand Manager for <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Sail, expanding his role in 2020 to include <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Power. In his new position, Stuart will also focus on developing Ancasta’s franchise network to strengthen the company’s presence across Europe. Additionally, he will play a key role in supporting new boat brand managers across <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s portfolio of premium power and sail brands."As part of our ongoing commitment to fostering talent and driving professional growth, this strategic restructuring has led to well-earned internal promotions, role expansions, and the recruitment of new expertise to further enhance our team,” added Nick Griffith.<img src="https://photo-assets.superyachttimes.com/photo/352295/image/large-5b8e5f0916ef0e53c444559ef9e807d1.jpg" data-gid="gid://syiq/Photo/352295">James Douch | Beneteau Sail Brand ManagerJames Douch has been appointed as <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Sail Brand Manager, succeeding Stuart Brotherton.James joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2015 as a broker in the Lymington office and later became Brokerage Office Manager. His background includes experience across various sectors of the marine industry, including helming the RNLI Lymington Lifeboat.In his new role, James will focus exclusively on new boat sales within <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a>’s range of cruising and performance sailing yachts. He will also lead a team of brand specialists to further strengthen <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s long-standing relationship with <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a>.<img src="https://photo-assets.superyachttimes.com/photo/352298/image/large-638d2ca8c2f7fdbb773ab916930a53f2.jpg" data-gid="gid://syiq/Photo/352298">Sam Room | Beneteau Power Brand Manager<a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Power brand management will now be overseen by Sam Room, who currently serves as Brand Manager for Prestige Motor Yachts.Sam joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2016 as a broker at the Port Solent office before becoming Brokerage Office Manager in 2017. He was promoted to <a data-gid="gid://syiq/Company/7020" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Prestige Yachts (Company)">Prestige</a> Brand Manager in 2020.By taking on the additional responsibility of <a data-gid="gid://syiq/Company/7047" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Beneteau (Company)">Beneteau</a> Power, Sam reinforces his position as <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a>’s in-house authority on high-end powerboat sales.<img src="https://photo-assets.superyachttimes.com/photo/352297/image/large-bab74a4b982cc0e625a87cc1db052067.jpg" data-gid="gid://syiq/Photo/352297">Oliver Windsor | Lymington Brokerage Office ManagerOliver Windsor has been appointed Lymington Brokerage Office Manager. Oliver joined <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> in 2021 as a broker at the Port Hamble office.With a master’s degree in international management, Oliver brings expertise in client relations, sales, and business management, gained through high-level internships in the UK and overseas. His combined skills and passion for the marine sector position him well to lead the Lymington brokerage team.<img src="https://photo-assets.superyachttimes.com/photo/352296/image/large-763d00257ef057a87e791a2d0ff54841.jpg" data-gid="gid://syiq/Photo/352296">“<a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> is privileged to have some of the most experienced yacht brokers and industry specialists in the sector, and we are delighted to support their career progression as our business continues to evolve and expand,” concluded Nick Griffith.As well as this, <a data-gid="gid://syiq/Company/2144" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ancasta Yachts (Company)">Ancasta</a> is currently recruiting a new sales broker for the Port Hamble office to replace Oliver Windsor, as well as additional sales brokers to strengthen its teams at Port Solent and Noss on Dart. These new appointments will be announced in due course.

Ancasta announces new appointments

Ancasta International Boat Sales has announced a strategic restructuring of its sales team, following sustained business growth.

Ancasta announces new appointments and strategic restructuring of sales team

Based on the consolidated results as of 31 December 2024 and the progression of order intake during the year, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> has provided its guidance for 2025. This guidance reflects the performance levels reached in 2024 and accounts for the full-year consolidation of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, anticipated to influence revenue growth and margins.<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> forecasts net revenues from new yachts to reach between €960 million and €1,020 million, marking a growth of approximately six percent compared to €930.4 million achieved in 2024. EBITDA is projected to increase moderately, ranging from €178 million to €194 million, up around five percent from the €176.4 million recorded in the previous year. The EBITDA margin for 2025 is expected to remain relatively stable, between 18.5 percent and 19 percent, compared to the 19 percent margin achieved in 2024.<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> anticipates EBIT in the range of €139 million to €149 million for 2025, reflecting a growth of around three percent from €139.3 million in 2024. EBIT margin is expected to slightly decrease to between 14.5 percent and 14.6 percent, compared to the previous year's margin of 15 percent.<img src="https://photo-assets.superyachttimes.com/photo/302095/image/large-5c81b855a83c4129bca77da30b2ee896.jpg" data-gid="gid://syiq/Photo/302095"><a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s net profit guidance for 2025 is set between €103 million and €110 million, representing an approximate three percent increase from the €103.1 million reported in 2024. The company plans to maintain a steady investment level, forecasting between €48 million and €50 million, slightly below the €49.3 million invested during 2024. The incidence of investments as a percentage of net revenues from new yachts is anticipated to decrease marginally to around 4.9 percent from the 5.3 percent observed in the prior year.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">The backlog for 2025 amounts to €623.1 million, offering clear visibility on projected revenues for the current fiscal year. As of 1 January 2025, this backlog represents 63 percent coverage at the midpoint of <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>'s stated financial guidance.

Sanlorenzo releases 2025 financial outlook

Based on the consolidated results as of 31 December 2024, Sanlorenzo has provided its guidance for 2025.

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Sanlorenzo’s 2025 guidance: Net revenue from new yachts to reach €960M-€1.02B

<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche (CdM)</a> has announced the opening of their Americas office, for which they have appointed Nick Bischoff as the Area Manager.&nbsp;<a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has opted to establish a permanent presence in the Americas after receiving an increasing number of owners from the US, Central and South America. <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> has already sold or delivered over a dozen explorer yachts in the region to date, including the Darwin 86 yacht and the Flexplorer 165.The transition not only aims to heighten the Italian shipyard’s commercial success but also provide support to clients, surveyors, captains, and professionals involved with <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> and their explorer yachts.<img src="https://photo-assets.superyachttimes.com/photo/351985/image/large-87059ccf27913abac16ee4e7423ba519.jpg" data-gid="gid://syiq/Photo/351985">The newly appointed Area Manager Nick Bischoff, who has extensive experience in sales and a large network, will be leading this initiative. The newly established <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> Americas office is now joining <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> Australia for support aimed at international clients. &nbsp;Vasco Buonpensiere, co-founder and CEO of <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">Cantiere delle Marche</a>, commented: "We are extremely glad to welcome Nick in our tribe. We are sure that his expertise and deep understanding of the market will further strengthen our brand across the Atlantic."As a second-generation marine industry expert, Bischoff was brought up in the yacht sales business by his father, who had a career in New England, Hawaii and Florida. With a Bachelor's in Business Management, Bischoff was appointed at the boat builder <a data-gid="gid://syiq/Company/5884" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Boston Whaler (Company)">Boston Whaler</a>, leading him to work with brands such as Allied Richard Bertram Marine Group, Tiara Yachts and <a data-gid="gid://syiq/Company/354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunseeker (Company)">Sunseeker</a>. Over the past seven years, Bischoff has managed <a data-gid="gid://syiq/Company/212" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Benetti SpA (Company)">Benetti</a>’s Americas office.&nbsp;“I am excited to join <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> and look forward to collaborating with the brokerage community and the <a data-gid="gid://syiq/Company/2354" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cantiere delle Marche (CdM) (Company)">CdM</a> shipyard to deliver the ultimate client experience,” Nick Bischoff concluded.&nbsp;

CdM opens Americas office and appoints Nick Bischoff as Area Manager 

Cantiere delle Marche (CdM) has announced the opening of their Americas office, for which they have appointed Nick Bischoff as the Area Manager. 

<a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> has announced the appointment of Alexander von Stein as their new Chief Operating Officer (COO).&nbsp;Bringing with him extensive international yachting knowledge, von Stein’s new role will see him manage the operational area, while also working with professionals from <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>’s teams that operate in the Mediterranean, the Caribbean and the Middle East. <img src="https://photo-assets.superyachttimes.com/photo/351320/image/large-6eb0ca6b75decb4edd43ebdae84b1ba5.jpg" data-gid="gid://syiq/Photo/351320">Alexander von Stein, COO of <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a>, commented: “I am honoured to join <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> as Group Chief Operating Officer at such an exciting time for the company. <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a> has established itself as a leader in the yachting industry and I look forward to working closely with the team to elevate operational standards, enhance client experiences and drive sustainable growth.”von Stein boasts three decades worth of yachting experience, ranging from yacht finance to international yacht sales and yacht building. Furthermore, he served as a Yachting Advisor for IRI / The Marshall Islands Registry.&nbsp;As the new COO, Alexander von Stein will focus on the coordination and development of ports, along with the optimisation of operations in all areas where <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera Yachting</a> operates.“My focus will be on expanding our already talented team, strengthening our services and fostering a culture of excellence that sets new benchmarks in the industry. <a data-gid="gid://syiq/Company/5334" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Acquera Yachting (Company)">Acquera</a>’s commitment to client satisfaction and digital innovation aligns perfectly with my own passion for delivering the highest standards in yachting services,” von Stein concluded.&nbsp;

Alexander von Stein joins Acquera Yachting as COO 

Acquera Yachting has announced the appointment of  Alexander von Stein as their new Chief Operating Officer (COO). 


Last year, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> completed two prominent acquisitions. In March 2024, the company purchased <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, a leading yacht sales, brokerage, and service company in Asia from forty years, followed by <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, a sailing yacht builder with facilities in Finland. These developments have been crucial for strengthening <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s presence in the Asian market and diversifying its product offering to include sailing yachts for the first time.SuperYacht Times Features Writer Enrico Chhibber met with 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>, to discuss the company’s current strategy – including its venture into sailing yachts, its initiatives in Asia, and consolidation – along with expansion plans.<img src="https://photo-assets.superyachttimes.com/photo/261779/image/large-7b5718deb5680c4926c86d70113ad2a3.jpg" data-gid="gid://syiq/Photo/261779">Why Sanlorenzo went public<a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> went public in 2019 and has since sustained one of the highest market capitalisations among superyacht yards. In discussing the decision to go public, the executive chairman Massimo Perotti highlighted three key reasons. The foremost was family-oriented; he aimed to ensure that his children would not feel compelled to follow in his footsteps. “By transitioning <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> to a public company,” Perotti explained, “my children have the flexibility to either remain major shareholders or to step into management roles without obligation.”The second reason Perotti cited for taking <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> public involves enhancing management quality. "Being on the stock exchange enables us to attract and retain top talent," he stated. “Offering stock options not only provides substantial value to our managers but also aligns their interests with the long-term success of the company.” This approach has resonated positively across our network, from suppliers to customers, who perceive <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> as a robust, financially solid entity," added Perotti."Last but not least, going public necessitates stringent regulatory compliance," explained Perotti. Perotti believes that this structured environment progressively improves both the quality of the personnel and the overall performance of the company. "Normally, a company owner might resist strict rules. However, although these regulations might limit my autonomy, even dictating my salary, there's a significant upside. Our management team must adhere to rigorous standards, including quarterly financial reporting. This discipline ensures they operate within a more professional framework," he continued.<img src="https://photo-assets.superyachttimes.com/photo/320979/image/large-649a94dae16898ab9df849136057ab5a.jpg" data-gid="gid://syiq/Photo/320979">Emerging Markets: From Asia to the Middle EastWith the acquisition of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> is significantly expanding its presence in emerging markets. “Our expansion discussions intensified following our acquisition of <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a>, which underscored our need to strategically extend our reach,” Perotti explained. “In meetings with our managers, we identified key drivers of our growth. One pivotal decision was to establish a foothold in Australia, leading to the opening of an office in Sydney. Simultaneously, we aimed to solidify our presence in markets where we were notably absent, such as Vietnam, with the opening of a showroom in Ho Chi Minh City, in collaboration with our partners <a data-gid="gid://syiq/Company/6836" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="O2xH2O (Company)">O2H2O</a>,” he noted. Perotti emphasised the strategic importance of these expansions. Maintaining a presence in these emerging markets is crucial for long-term growth and visibility."While the future increasingly leans towards Asia, driven by rising wealth in the region, the standout market in 2024 so far has been the Middle East," stated Perotti. "There, we have significantly increased our market share."<img src="https://photo-assets.superyachttimes.com/photo/304490/image/large-104a9d5eb68d8ab0b2ac9fe71408ac84.jpg" data-gid="gid://syiq/Photo/304490">Sanlorenzo’s current focus“We need to consolidate the two companies that we have recently brought into the Group,” pointed out Perotti, who emphasised the magnitude of this task. “They are very far apart - <a data-gid="gid://syiq/Company/1011" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Simpson Marine (Company)">Simpson Marine</a> is based in the Asia-Pacific region, quite a distance from our core operations, and the second is in Finland, at 250-kilometres from the Artic Pole. Additionally, the Finnish acquisition introduces us to sailing yachts, a product previously unfamiliar to us," he added, highlighting the new challenges this sector presents.As <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a> continues its expansion, a key question emerges: How will the company maintain the distinct identities of each brand within its portfolio? Perotti addressed this concern with a definitive approach. “This is a deliberate choice, not happenstance,” Perotti asserted. “Although we operate fundamentally as a mono-brand entity, both <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>, retain unique identities within the group. From a marketing standpoint, and particularly in how we represent ourselves, <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, <a data-gid="gid://syiq/Company/5648" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Bluegame (Company)">Bluegame</a> and <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> are organised and communicated about separately, ensuring each brand preserves its unique identity."<img src="https://photo-assets.superyachttimes.com/photo/296254/image/large-8b449694c11eabcc53398b61357941c7.jpg" data-gid="gid://syiq/Photo/296254">As Perotti outlined <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>’s strategy, he emphasised a distinctive approach compared to competitors who typically showcase multiple brands together at the same stand. Perotti highlighted this as a core philosophy of the group, asserting that “luxury equates to scarcity and a mono-brand strategy.” He noted that this approach has served the company well, reflecting positively in their financial performance.<img src="https://photo-assets.superyachttimes.com/photo/326529/image/large-6ee3e933ce2f68982afaac99e4bf3877.jpg" data-gid="gid://syiq/Photo/326529">Larger Nautor Swan Yachts in ViareggioAt the <a data-gid="gid://syiq/Event/210" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Cannes Yachting Festival - 2024">Cannes Yachting Festival 2024</a>, Perotti announced that <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> would be expanding the size range of its yachts to include models over 40-metres, to be constructed in Viareggio. In discussing the decision to increase the size segment of <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Swan</a> yachts, Perotti cited market dynamics as the driving factor. “The market is expanding because the UHNWI, who are mature individuals from well-established markets, increasingly prefer larger sailing yachts. Their preference is influenced by concerns about pollution and sustainability, which aligns with their values,” he explained.The second reason for acquiring <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a> and expanding its size range, as Perotti explained, is the limited supply in the market. “There are only two main yards that specialise in large sailing yachts, <a data-gid="gid://syiq/Company/122" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Huisman (Company)">Royal Huisman</a> and <a data-gid="gid://syiq/Company/34" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Vitters Shipyard (Company)">Vitters</a>, both Dutch companies. This highlights a gap for a prominent Italian brand in the large sailing yacht market,” he noted.Perotti explained that the decision to shift certain production aspects to Viareggio is based on the area's historic supply chain and skilled labour force. “Viareggio has more than forty years of experience in building high-quality yachts,” he affirmed. “Being in Viareggio allows us to leverage this extensive expertise.” However, Perotti acknowledged that the name for the larger range has not yet been disclosed. “With a heritage name like <a data-gid="gid://syiq/Company/313" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nautor Swan (Company)">Nautor Swan</a>,” he added, “we have the opportunity to introduce a new product line above 40-metres, incorporating the sustainable technology we have implemented at <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>.”<img src="https://photo-assets.superyachttimes.com/photo/326530/image/large-b55157a3c4800e17e5cf55e5f4ec035d.jpg" data-gid="gid://syiq/Photo/326530">Plans in USARegarding future plans for <a data-gid="gid://syiq/Company/374" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sanlorenzo (Company)">Sanlorenzo</a>, Perotti revealed a focus towards America. “We plan to increasingly move our operations to America over the next three years,” he stated. “We recognise America as today’s leading market, where the number of yacht builders is diminishing. Fifteen years ago, many significant brands that were operational are no longer in existence, and we plan to fill this gap by establishing our presence on the Northeast coast.”<img src="https://photo-assets.superyachttimes.com/photo/250520/image/large-0a3fbeca280e8c3933c53ff570e0aa4f.jpg" data-gid="gid://syiq/Photo/250520">

Massimo Perotti on Sanlorenzo’s acquisitions and future plans

SYT met with Massimo Perotti to discuss the company’s current strategy including its venture into sailing yachts and its initiatives in Asia.




The Kingdom of Bahrain, an archipelago situated in the Arabian Gulf and located to the east of Saudi Arabia. Known in Arabic as “the two seas,” Bahrain’s name references its distinctive environment, where freshwater springs are interspersed within saline sea beds. This geographical characteristic is a defining element of the nation’s landscape.While much of the discourse in the yachting sector within the Gulf region has centred on developments in Saudi Arabia and the United Arab Emirates (UAE), Bahrain also has the potential to emerge as a key yachting destination in the Gulf. This capability is supported by its infrastructural developments, enhanced yacht building capabilities and the allure of its key attractions as a cruising destination.SuperYacht Times Features Writer Enrico Chhibber met with Captain Abdulla Al Merbati, Chief Executive Officer of <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> Shipyard, at <a data-gid="gid://syiq/Event/258" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Dubai International Boat Show - 2025">Dubai International Boat Show</a>, to discuss the history of <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> the various marina projects underway in Bahrain and what the kingdom has to offer as a cruising destination.<img src="https://photo-assets.superyachttimes.com/photo/350476/image/large-ca7eea7b32535e88d8d3524834ee8471.jpeg" data-gid="gid://syiq/Photo/350476">History and rebranding at&nbsp;<a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a>&nbsp;Founded in 1989 initially as a family business, <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> is one of the oldest yacht builders in the Gulf Cooperation Council (GCC) region and has since become part of the fully corporate governance structure of Bahrain. Its parent company, the Mumtalakat Holding Company, serves as the economic arm of Bahrain. “We specialise in building composite and fibreglass boats for a variety of sectors, not just for individual and leisure use,” explained Al Merbati. “As you can see, we are also involved in producing utility boats for transportation, tourism services and surveys. Additionally, we extensively serve the military sectors. We are involved not only in governmental projects within the GCC, but also on a global scale,” he added.&nbsp;Al Merbati proceeded to highlight <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a>'s new strategic plan, which involves creating a distinct identity for <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> yachts through the introduction of a seven-series range, from seven to 18-metres, in cooperation with <a data-gid="gid://syiq/Company/102" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Mulder Design (Company)">Mulder Design</a>. Over the past five years, <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> has expanded its network across numerous countries. “We are now represented by official dealers in the Far East, including the Maldives, Thailand and Indonesia and have extended our reach to Turkey and the Caribbean, specifically to the French islands of Martinique and Guadeloupe,” explained Al Merbati.<img src="https://photo-assets.superyachttimes.com/photo/350475/image/large-c14e279d6d38df56d9f5eaffe32534ab.jpg" data-gid="gid://syiq/Photo/350475">Marina developments in Bahrain"Given the mismatch between the number of yachts and the available berths in Bahrain, coupled with the growing interest in the boating lifestyle in the Gulf region, we have seen significant infrastructure progress," noted Al Merbati. "In the last two years, waterfronts have been constructed and started operations; we also have well-appointed marinas in the northern side of Bahrain."Captain Al Merbati provided further details on the capacity of the current marinas in Bahrain to accommodate superyachts. "Our infrastructure can support superyachts at two marinas, where we are equipped to berth yachts ranging from 24 to 76-metres. Each marina can accommodate three or four yachts of this size" he explained. He also noted, "However, the majority of berths cater to yachts between 13-metres and 22-metres, which are the most common sizes in Bahrain."On future marina developments, Al Merbati stated, "Three more marina development projects are underway to address this supply and demand imbalance." He added, "Customers are increasingly looking to own bigger yachts," underscoring the need for expanded facilities.<img src="https://syt-store-production.s3.eu-west-1.amazonaws.com/photo/350880/image/large-def0fe807c2ccfcacef92c350c5f6502.jpg?X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Credential=AKIA52TLVJASOPFTPHWY%2F20250303%2Feu-west-1%2Fs3%2Faws4_request&amp;X-Amz-Date=20250303T095232Z&amp;X-Amz-Expires=900&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Signature=5646c11d9d72e2d1058ad54d227ae13550f58667021349fa32b7e497c05876c7" data-gid="gid://syiq/Photo/350880">Regarding the management of marinas and associated logistics, Al Merbati explained that <a data-gid="gid://syiq/Company/8098" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Masar (Company)">Masar</a>, a sister company to <a data-gid="gid://syiq/Company/8097" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Al Dhaen (Company)">Al Dhaen</a> under the Mumtalakat umbrella, recently signed a contract with Captain’s Club. "They are responsible for managing boats and yacht chartering and are now looking to establish a branch in Bahrain," he stated. "They plan to oversee operations at one of the new marinas, ensuring their presence in the Bahraini market."Expanding on this, Al Merbati added, "the Captain’s Club is working in cooperation with Marsar, purchasing yachts and offering annual memberships. This model attracts individuals who may not wish to own a boat, but would like the flexibility of using one a few times a year." He noted that this concept has gained popularity not only in Bahrain but across the region as a way to attract more yachts and increase marina activity.<img src="https://photo-assets.superyachttimes.com/photo/350474/image/large-7c56b5284ac2f0030a7f20ffd86a6390.jpg" data-gid="gid://syiq/Photo/350474">Bahrain as a potential cruising destinationThe Kingdom of Bahrain comprises 33 islands, with Bahrain Island being its largest land mass and Manama, the capital, located on this main island. The surrounding shallow waters make it ideal for cruising, especially for yachts up to 24-metres in length. However, larger yachts exceeding this length have access to designated zones where the water depth accommodates safe navigation.<img src="https://photo-assets.superyachttimes.com/photo/285488/image/large-56669c82-5c3b-46e1-b7c9-214445a7ddb4.jpeg" data-gid="gid://syiq/Photo/285488">Bahrain's rich maritime heritage, particularly in pearl diving, adds to its appeal as a cruising destination. This historic activity is well-documented, with the pearls harvested locally and known worldwide for their natural quality, setting them apart from synthetic varieties. Today, Bahrain continues to offer a range of nautical excursions, including sightseeing, fishing and diving trips, leveraging its picturesque waters and historical significance to attract maritime enthusiasts from around the globe. For Bahrain to become a sought-after cruising destination in the Middle East, significant progress in marina developments is essential to accommodate larger superyachts. Combined with a concerted effort to adjust regulations to allow charter activities and other commercial operations for superyachts, this approach will further promote Bahrain as a key destination within the Gulf region. Al Merbati acknowledged these strategic efforts, stating, "This is the plan for the future."<img src="https://photo-assets.superyachttimes.com/photo/350878/image/large-7ab898dfe4e872aef5503c4dbe866144.jpg" data-gid="gid://syiq/Photo/350878">

Al Dhaen's new strategy and Bahrain's potential

history of Al Dhaen Shipyard, the various marina projects underway in Bahrain and what the kingdom has to offer as a cruising destination.

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CEO Captain Abdulla Al Merbati on Al Dhaen's new strategy and Bahrain as a cruising destination

<a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> has announced its consolidated preliminary financial results for the year ending 31 December 2024, revealing an all-time high order book of €1.7 billion, representing a 25.5% increase compared to September 2024 and an 11.6% rise from December 2023. <img src="https://photo-assets.superyachttimes.com/photo/350789/image/large-c5e7772ab36c040f572e914a0805ba03.jpg" data-gid="gid://syiq/Photo/350789"><a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> surpassed its 2024 financial guidance, achieving an EBITDA margin of 16.2%, which exceeded expectations. The Group also positioned itself in the upper range of net revenue for new yachts, reporting €1,173.3 million, a 5.6% increase compared to 2023.&nbsp;The company recorded an adjusted EBITDA of €190 million, reflecting a 12.3% increase from the previous year. This improvement also saw a 100 basis point rise in the EBITDA margin, underlining the Group's operational efficiency and cost management capabilities. Net profit for the year reached €88.2 million, marking a 5.6% increase compared to 2023, demonstrating <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>'s robust profitability and financial strength.Order intake for 2024 totalled €1,139.3 million, a 1.7% rise compared to 2023, indicating sustained demand for <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti</a>’s innovative yacht designs. Meanwhile, the company’s net backlog reached an all-time high of €900 million, reflecting a solid sales pipeline and strong future revenue potential. Additionally, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> reported a net cash position of €124.6 million as of 31 December 2024, showcasing the company’s solid financial health and liquidity.<img src="https://photo-assets.superyachttimes.com/photo/345521/image/large-c503c4b1b56b0be396deea8d6d5952b8.jpg" data-gid="gid://syiq/Photo/345521">Commenting on the results, Alberto Galassi, Chief Executive Officer of <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a>, stated: “We close 2024 with great optimism and the satisfaction of having achieved extraordinary milestones. Our steady growth year after year has allowed us to reach unprecedented results, both in terms of order backlog and margins. This confirms the solidity of our strategy and the strength of our brands in the market.”Galassi attributed the record order backlog of €1.7 billion to exceptional performance in the last quarter and the continuous trust placed by customers in Ferretti Group's innovation, quality, and reliability. “This is our best result ever, driven by our ability to maintain high profitability levels and maximise resource efficiency,” he added.Looking forward, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> aims to build on its success by investing in global expansion, technological innovation and an enhanced product range. Galassi emphasised the company’s commitment to solidifying its leadership in the luxury yacht market, stating: “These achievements strengthen our determination and propel us forward with even greater momentum.”<img src="https://photo-assets.superyachttimes.com/photo/337395/image/large-b21c8dce6b0a752fa00960f4ee72784f.jpg" data-gid="gid://syiq/Photo/337395">In addition to its financial achievements, <a data-gid="gid://syiq/Company/4876" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ferretti Group (Company)">Ferretti Group</a> also announced key changes to its leadership and governance structure. The Board of Directors appointed Tan Ning and Hao Qinggui as directors by co-optation.&nbsp;The Board also approved new compositions for the Remuneration Committee, Sustainability Committee and Strategy Committee, ensuring the Group’s governance structure remains aligned with its growth ambitions. Additionally, a new director was appointed to oversee the internal audit and risk management system.

Ferretti Group reports all-time high order book of €1.7B in 2024

Ferretti Group has announced its consolidated preliminary financial results for the year ending 2024, revealing an order book of €1.7 billion.

Law firm <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood LLP</a> has announced the appointment of Linda Roxburgh as partner. Linda joins the firm from Wikborg Rein LLP, bringing with her over a decade of experience from magic circle firm Allen &amp; Overy (now A&amp;O Shearman).Linda specialises in all aspects of transactional yachting and superyachting, including construction, conversion and refit contracts, sale and purchase agreements, ownership structuring and registration, financing and chartering. <img src="https://photo-assets.superyachttimes.com/photo/350744/image/large-b1c4ac66da6315383525da5e6e4b33f0.png" data-gid="gid://syiq/Photo/350744">Her client base includes ultra-high-net-worth individuals, high-net-worth individuals, private family offices, designers, project managers, financial institutions and arrangers. This breadth of experience positions Linda as a key player in the yacht and superyacht sector."Linda's skill set aligns perfectly with our dynamic strategy for the firm's maritime practice and the superyacht team in particular,” commented Ian Mace, Global Head of Maritime Trade and Offshore Finance at <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood</a>.“Her addition is the latest in a series of significant hires across our international network of offices. The maritime sector is a key area of strategic focus for the firm and our superyacht team remains a core element of that strategy.”In addition to her expertise in superyachting, Linda brings extensive experience in commercial maritime finance, including structured secured and unsecured financings, sale and purchase transactions, leasing and long-term charter agreements, and construction and conversion contracts. Her work on complex, multinational projects has seen her advise owners, financial institutions, leasing companies, private equity houses and project sponsors."As the yachting industry grows, the demand for specialised legal capability continues to increase,” concluded Ezio Dal Maso, Head of <a data-gid="gid://syiq/Company/7786" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Stephenson Harwood (Company)">Stephenson Harwood</a>'s Superyacht Practice in Paris.“Linda's expertise in transactional yachting bolsters the firm's strong international practice. Continuing to grow our team in London is crucial, given the city's role as a hub for yacht brokers and family offices, and further enhances our ability to serve clients in this thriving sector.”

Linda Roxburgh joins Stephenson Harwood as partner

Law firm Stephenson Harwood LLP has announced the appointment of Linda Roxburgh as partner.

Stephenson Harwood appoints Linda Roxburgh as partner

The 30.8-metre <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen</a> motor yacht <a data-gid="gid://syiq/Yacht/6955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago30.8m (101'1&quot;)Moonen Yachts2005">Archipelago</a> has entered the market with Simon Goldsworthy of <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>. <img src="https://photo-assets.superyachttimes.com/photo/352462/image/large-5e67e519181c06f34f77a6d8db37a86f.png" data-gid="gid://syiq/Photo/352462">Delivered 2005 and having undergone a refit in 2024, the <a href="https://www.superyachttimes.com/yachts/archipelago-31m/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht Archipelago for sale</a> features exterior design by <a data-gid="gid://syiq/Company/241" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="René van der Velden Yacht Design (Company)">René van der Velden Yacht Design</a> and <a data-gid="gid://syiq/Company/118" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Studio Arch. Tommaso Spadolini (Company)">Studio Arch. Tommaso Spadolini</a>, interiors penned by <a data-gid="gid://syiq/Company/8126" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Alessandra Negrato (Company)">Alessandra Negrato</a> and naval architecture by <a data-gid="gid://syiq/Company/130" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moonen Yachts (Company)">Moonen Yachts</a>.<img src="https://photo-assets.superyachttimes.com/photo/352461/image/large-21b929dc68e1cff491dc810a863d16d7.jpg" data-gid="gid://syiq/Photo/352461"><img src="https://photo-assets.superyachttimes.com/photo/352469/image/large-bb28dcea0f2e7f788636e7eb9b4a8c6e.jpg" data-gid="gid://syiq/Photo/352469"><img src="https://photo-assets.superyachttimes.com/photo/352480/image/large-b9e3c65608b6f826896f144249397fdf.jpg" data-gid="gid://syiq/Photo/352480">At a volume of 196 GT, the <a href="https://www.superyachttimes.com/yachts/motor/for-sale" rel="noopener noreferrer" target="_blank" title="">motor yacht for sale</a> is capable of hosting as many as nine guests across a five stateroom layout. Further accommodation is also available to support a crew of up to four members onboard.<img src="https://photo-assets.superyachttimes.com/photo/352472/image/large-568141198fa4a4913b3d627a9e0e9d92.jpg" data-gid="gid://syiq/Photo/352472"><img src="https://photo-assets.superyachttimes.com/photo/352473/image/large-1b0519c9ca6a67063905fe46f5b8d253.jpg" data-gid="gid://syiq/Photo/352473"> <img src="https://photo-assets.superyachttimes.com/photo/352474/image/large-6b29e94eab3382e222c162226f88b4a7.jpg" data-gid="gid://syiq/Photo/352474"><img src="https://photo-assets.superyachttimes.com/photo/352476/image/large-86440b9dade0e84a039df51a7e2d46e3.jpg" data-gid="gid://syiq/Photo/352476">The guest accommodation comprises a full-beam owner’s suite, two twins and a single stateroom on the lower deck. Throughout her elegant, classic interiors, the <a href="https://www.superyachttimes.com/yachts/for-sale" rel="noopener noreferrer" target="_blank" title="">yacht for sale</a> displays a combination of mahogany and cream furnishings.<img src="https://photo-assets.superyachttimes.com/photo/352479/image/large-4d721c9bcbf77ec6551b5d0cf9660e63.jpg" data-gid="gid://syiq/Photo/352479"><a data-gid="gid://syiq/Yacht/6955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago30.8m (101'1&quot;)Moonen Yachts2005"><img src="https://photo-assets.superyachttimes.com/photo/352478/image/large-9ec60a2e30e814fa1a8e13862174c1e3.jpg" data-gid="gid://syiq/Photo/352478"><img src="https://photo-assets.superyachttimes.com/photo/352481/image/large-b82cfb56b04e23390c4ecae5afe405f1.jpg" data-gid="gid://syiq/Photo/352481">Archipelago</a>’s 2024 refit saw her undergo a full full repaint, an extension of her swim platform, along with the installation of new zero-speed stabilisers for maximum onboard comfort. On deck, <a data-gid="gid://syiq/Yacht/6955" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Archipelago30.8m (101'1&quot;)Moonen Yachts2005">Archipelago</a>'s guests have the opportunity to catch some rays on the sunpads forward of the wheelhouse or on the spacious, revamped sundeck. <img src="https://photo-assets.superyachttimes.com/photo/352463/image/large-f33fa7a2534a26c3fb711439f400aae4.jpg" data-gid="gid://syiq/Photo/352463"><img src="https://photo-assets.superyachttimes.com/photo/352467/image/large-c64e0340a45f59fa64d5940d31f2fa70.jpg" data-gid="gid://syiq/Photo/352467"><img src="https://photo-assets.superyachttimes.com/photo/352466/image/large-ef33cdbf8b13651d640c8fd6c5ed054e.jpg" data-gid="gid://syiq/Photo/352466">In terms of her performance, the <a href="https://www.superyachttimes.com/yachts/moonen/for-sale" rel="noopener noreferrer" target="_blank" title="">Moonen yacht for sale</a> is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 11 knots and a top speed of 12.7 knots. <img src="https://photo-assets.superyachttimes.com/photo/352460/image/large-7702649ccb4c4efee81747ce9ef16387.jpg" data-gid="gid://syiq/Photo/352460">

31m Moonen yacht Archipelago for sale 

The 30.8-metre Moonen motor yacht Archipelago has entered the market with Simon Goldsworthy of Edmiston. 


31m Moonen motor yacht Archipelago for sale 

The 44.7-metre <a data-gid="gid://syiq/Company/40" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Royal Hakvoort Shipyard (Company)">Hakvoort</a> superyacht <a data-gid="gid://syiq/Yacht/704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Big Easy44.7m (146'8&quot;)Royal Hakvoort Shipyard2002">Big Easy</a>, previously named Cracker Bay, has been sold. Edward Dickinson of <a data-gid="gid://syiq/Company/526" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Northrop & Johnson (Company)">Northrop &amp; Johnson</a> introduced the buyer, whilst Ian Sherwood of <a data-gid="gid://syiq/Company/159" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Burgess (Company)">Burgess</a> and Brandon Kummer of <a data-gid="gid://syiq/Company/6336" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Kitson Yachts (Company)">Kitson Yachts</a> represented the seller. <img src="https://photo-assets.superyachttimes.com/photo/227334/image/large-7a9f16f68fb89b857a6d57167c1dae5b.png" data-gid="gid://syiq/Photo/227334">Delivered in 2002, <a data-gid="gid://syiq/Yacht/704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Big Easy44.7m (146'8&quot;)Royal Hakvoort Shipyard2002">Big Easy</a> features exterior design and naval architecture by <a data-gid="gid://syiq/Company/7" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Diana Yacht Design (Company)">Diana Yacht Design</a>, while her interior was penned by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a>. She can accommodate up to 12 guests across five staterooms. <img src="https://photo-assets.superyachttimes.com/photo/227332/image/large-2adbefebe4024ad1183ad29dc6fdae2f.jpeg" data-gid="gid://syiq/Photo/227332"><img src="https://photo-assets.superyachttimes.com/photo/227333/image/large-02c49243d8e1b5b8e906cba566969d93.jpeg" data-gid="gid://syiq/Photo/227333"><img src="https://photo-assets.superyachttimes.com/photo/227331/image/large-e460251f2dd546e2932b5168ef420c22.jpeg" data-gid="gid://syiq/Photo/227331"><img src="https://photo-assets.superyachttimes.com/photo/227329/image/large-bc49ca9f26275a591302e467021ced2c.jpeg" data-gid="gid://syiq/Photo/227329"><img src="https://photo-assets.superyachttimes.com/photo/227318/image/large-47278739d6d762378f6f6f5a8e9772cd.jpeg" data-gid="gid://syiq/Photo/227318">Exterior amenities onboard <a data-gid="gid://syiq/Yacht/704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Big Easy44.7m (146'8&quot;)Royal Hakvoort Shipyard2002">Big Easy</a> include a strategically placed Jacuzzi, allowing guests to relax while enjoying unobstructed views. Additionally, the presence of a generously-sized dining table on the sundeck enhances versatility, offering a space for guests to unwind and enjoy alfresco dining.<img src="https://photo-assets.superyachttimes.com/photo/227316/image/large-8f08234226030362ce4c87aca346f73d.jpeg" data-gid="gid://syiq/Photo/227316"><a data-gid="gid://syiq/Yacht/704" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Big Easy44.7m (146'8&quot;)Royal Hakvoort Shipyard2002">Big Easy</a> has a steel hull and an aluminium superstructure. Performance-wise, she is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines, which give her a cruising speed of 10 knots and a top speed of 13 knots. <img src="https://photo-assets.superyachttimes.com/photo/227315/image/large-6e1a5f81fde2551168aba19a13f788d7.jpeg" data-gid="gid://syiq/Photo/227315">At the time of her sale, she had a last known asking price of $13,900,000.

45m Hakvoort Big Easy yacht sold

The 45m Hakvoort superyacht Big Easy has been sold. Northrop & Johnson introduced the buyer, whilst Burgess and Kitson Yachts represented the seller.

45m Hakvoort superyacht  Big Easy sold

The 79.95-metre superyacht <a data-gid="gid://syiq/Yacht/11429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship De Vries 71479.95m (262'4&quot;)Feadship2025">Feadship 714</a> was spotted leaving Aalsmeer and passing through Woubrugge in the Netherlands, as she appears to be heading south in preparation for her sea trials. The superyacht was launched on 23 February 2025 from the <a data-gid="gid://syiq/Company/4951" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Koninklijke De Vries Scheepsbouw (Company)">Koninklijke De Vries Scheepsbouw</a> in Aalsmeer.Since construction kicked off in 2021, details about the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yacht <a data-gid="gid://syiq/Yacht/11429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship De Vries 71479.95m (262'4&quot;)Feadship2025">Project 714</a> have been kept tightly under wraps. The vessel was first seen in October 2023 at the SLOB facility in Papendrecht during the launch of her hull.<img src="https://photo-assets.superyachttimes.com/photo/353042/image/large-8b6d7cc288871514d1d8b34bfc8abfbe.jpeg" data-gid="gid://syiq/Photo/353042">Showcasing a sleek, modern profile underlined by a blue hull, <a data-gid="gid://syiq/Yacht/11429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship De Vries 71479.95m (262'4&quot;)Feadship2025">Feadship 714</a> features exterior design penned by the UK-based studio <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a>, interiors created by <a data-gid="gid://syiq/Company/2935" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Chahan Interior Design (Company)">Chahan Interior Design</a> and naval architecture by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>.From the outside, the yacht’s streamlined exterior lines are coupled with extensive windows, suggesting that her interiors are bathed in plenty of natural light. She has an estimated volume of 2,500 GT, leaving plenty of room for guests to enjoy. <img src="https://photo-assets.superyachttimes.com/photo/353041/image/large-086c01924f0a765804b8ef618cee9dbc.jpeg" data-gid="gid://syiq/Photo/353041"><a data-gid="gid://syiq/Yacht/11429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship De Vries 71479.95m (262'4&quot;)Feadship2025">Feadship 714</a> is equipped with pioneering technology, including a propulsion system developed through the <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> Advanced Electrical Drive (FAED) program. Two contra-rotating thrusters deliver the vessel’s propulsion and steering, eliminating the need for traditional drive shafts and rudders for reduced drag and increased efficiency.Read:&nbsp;<a data-gid="gid://syiq/Article/62616" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="80m Feadship 714 superyacht launched (2025-02-28 09:30:00 +0100)">80m Feadship 714 superyacht launched</a><a data-gid="gid://syiq/Yacht/11429" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship De Vries 71479.95m (262'4&quot;)Feadship2025">Feadship 714</a> is due to be delivered to her owner later this year. According to <a href="https://sytiq.superyachttimes.com/" target="_blank">SuperYacht iQ</a>, Feadship currently has over a dozen yachts in-build, including the 101.2-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 1014 and the 100-metre <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> 824, which is slated for delivery in 2025.&nbsp;

80m Feadship 714 superyacht leaving Aalsmeer 

The 79.95-metre superyacht Feadship 714 was spotted leaving Aalsmeer, following her launch on 23 February this year.

80m Feadship 714 superyacht spotted leaving Aalsmeer 

The 30.45-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/7286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ghost30.45m (99'11&quot;)Princess Yachts2018">Ghost</a> sold, with James Kilbourn of <a data-gid="gid://syiq/Company/4507" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="TJB Super Yachts (Company)">TJB Super Yachts</a> introducing the buyer and <a data-gid="gid://syiq/Company/6280" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Merk & Merk (Company)">Merk &amp; Merk</a> representing the seller. <img src="https://photo-assets.superyachttimes.com/photo/186705/image/large-1043a4299b505d840ff200b0fac20fc1.jpg" data-gid="gid://syiq/Photo/186705">Delivered in 2018 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> 30M series, the yacht features exterior design and naval architecture both crafted in-house by <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/48567/image/large-cd6136491d6e231382c6b7142f3bacc9.jpg" data-gid="gid://syiq/Photo/48567"><img src="https://photo-assets.superyachttimes.com/photo/48565/image/large-53d01d286e33ee94bf37edfd98ce94c4.jpg" data-gid="gid://syiq/Photo/48565">At a volume of 162 GT, <a data-gid="gid://syiq/Yacht/7286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ghost30.45m (99'11&quot;)Princess Yachts2018">Ghost</a> is able to sleep as many as eight guests across a four stateroom layout, while further accommodation is available to support a crew of up to five members onboard. <img src="https://photo-assets.superyachttimes.com/photo/48568/image/large-d4900892b23885461fbeed12e8ddcb7a.jpg" data-gid="gid://syiq/Photo/48568"><img src="https://photo-assets.superyachttimes.com/photo/48562/image/large-0fef07cbb374353357a2fe569271d6ff.jpg" data-gid="gid://syiq/Photo/48562"><img src="https://photo-assets.superyachttimes.com/photo/48560/image/large-40d68957ec6b3f80276581e94a8f93cf.jpg" data-gid="gid://syiq/Photo/48560">Previously named Bandazul, <a data-gid="gid://syiq/Yacht/7286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ghost30.45m (99'11&quot;)Princess Yachts2018">Ghost</a> offers those onboard an array of outdoor amenities to choose from, including plush, built-in seating and alfresco dining arrangements in both the shade and sunshine. <img src="https://photo-assets.superyachttimes.com/photo/114727/image/large-465d5d696991f32ef9d3de7297076d58.jpg" data-gid="gid://syiq/Photo/114727"><img src="https://photo-assets.superyachttimes.com/photo/48570/image/large-85270da805af08e007e47762b2b5394d.jpg" data-gid="gid://syiq/Photo/48570"><img src="https://photo-assets.superyachttimes.com/photo/48569/image/large-64182ac27ce66b02aeebab7cc2ac2cad.jpg" data-gid="gid://syiq/Photo/48569">When it comes to her performance, the yacht reaches a cruising speed of 16 knots and a top speed of 20 knots.<img src="https://photo-assets.superyachttimes.com/photo/48552/image/large-5b0078746e8f806be3e011fcd3cb2bee.jpg" data-gid="gid://syiq/Photo/48552">At the time of her sale, <a data-gid="gid://syiq/Yacht/7286" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ghost30.45m (99'11&quot;)Princess Yachts2018">Ghost</a> had a last known asking price of €6,250,000.&nbsp;<img src="https://photo-assets.superyachttimes.com/photo/47255/image/large-8361a6c3aa7cc1f1b336ba05c68e016f.jpg" data-gid="gid://syiq/Photo/47255">

31m Princess yacht Ghost sold 

The 30.45-metre Princess yacht Ghost sold, with TJB Super Yachts introducing the buyer and Merk & Merk representing the seller. 


31m Princess motor yacht Ghost sold 

<a data-gid="gid://syiq/Company/8124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giamboi Designs (Company)">Giamboi Designs</a> has unveiled the renderings and details of a new 23.9-metre catamaran yacht concept called Axiom 24. “Designed from the keel up with an entirely new spatial philosophy, Axiom 24 represents the next generation of semi-custom catamaran living, bringing together expansive space, elegant design, and advanced propulsion in a compact yet sophisticated vessel,” the studio explained.<img src="https://photo-assets.superyachttimes.com/photo/353029/image/large-2a479cc0c963debbb05d40c8c916eb1c.png" data-gid="gid://syiq/Photo/353029">With spatial luxury at the forefront of her design, Axiom 24 is primarily characterised by a sense of continuity across her decks. At the forefront of the catamaran is her raised forward terrace and lowered forward deck configuration, which are intended to make a departure from traditional monohull layouts by reimagining volume optimisation. <img src="https://photo-assets.superyachttimes.com/photo/353032/image/large-45f4af383ee7090f935e3da82e341180.png" data-gid="gid://syiq/Photo/353032">Axiom 24’s raised forward terrace comprises a central, open-air living space joining both the vessel’s forward and aft sections, while also offering a 360-degree view of the surrounding scenery. Meanwhile, her lowered forward deck is developed for additional volume with flexible uses, without compromising on the bridge deck’s 1.4-metre clearance.<img src="https://photo-assets.superyachttimes.com/photo/353031/image/large-a5f16a8d238e97c8175d6ff0ab6e24fa.png" data-gid="gid://syiq/Photo/353031">According to <a data-gid="gid://syiq/Company/8124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giamboi Designs (Company)">Giamboi Designs</a>, “the raised forward terrace is more than a design feature; it is the heart of Axiom 24’s circulation and social areas. This space seamlessly links the yacht’s exterior and interior areas.” <img src="https://photo-assets.superyachttimes.com/photo/353027/image/large-77404c76134582e715725479b26e0242.png" data-gid="gid://syiq/Photo/353027">Serving as a connective point between the indoors and outdoors, the space also functions as a lounge setting for sunbathing, alfresco dining or enjoying cocktails. The multipurpose location creates a fusion between the catamaran’s indoor main saloon, forward deck and flybridge, for enhanced guest movement.<img src="https://photo-assets.superyachttimes.com/photo/353025/image/large-94f3d2ec1c8fc94f7c826056a6743a08.png" data-gid="gid://syiq/Photo/353025"><img src="https://photo-assets.superyachttimes.com/photo/353030/image/large-11c46a49d4f6a4aa1cb87d0dd080a444.png" data-gid="gid://syiq/Photo/353030"><img src="https://photo-assets.superyachttimes.com/photo/353026/image/large-090b0d1fe407766119c7c8af683704fe.png" data-gid="gid://syiq/Photo/353026">Moving to the lowered forward deck, this area can be customised to house a full-beam owner’s suite with panoramic sightlines, a private study, and a spa-inspired ensuite bathroom. Alternatively, the deck can be home to dual VIP suites, or an extended forward saloon dedicated to guest entertainment.<img src="https://photo-assets.superyachttimes.com/photo/353035/image/large-bb974cc1ce9cf41ee8cdecfdb51a41bb.png" data-gid="gid://syiq/Photo/353035">In addition, the owner’s suite variant boasts an expansive window forward or an optional forward balcony for unobstructed vantage points, with sliding doors closing off the stateroom. Inside, there is a sleeping area with a generous bed, a dedicated vanity and a private study overlooking the ocean, while the ensuite is furnished with double sinks, a shower and optional Jacuzzi.<img src="https://photo-assets.superyachttimes.com/photo/353033/image/large-38f390dee0b4a688325fab8efdd453ac.png" data-gid="gid://syiq/Photo/353033"><img src="https://photo-assets.superyachttimes.com/photo/353034/image/large-e6c213fe1d17ffc1b412ebd8ecc86f0a.png" data-gid="gid://syiq/Photo/353034">When it comes to her aft deck, Axiom 24 can be arranged with the galley positioned forward and adjacent to the raised terrace, aft for serving the dining areas, or in the hull for maximising guest space in the main saloon. <img src="https://photo-assets.superyachttimes.com/photo/353036/image/large-63db206855089799e6568cb72cc7a0fd.png" data-gid="gid://syiq/Photo/353036">Remaining guests are hosted across four VIP suites located aft in both hulls, each of which can be fitted with opening terraces or vast panoramic windows. The aft VIP suites have access to the aft platforms, merging the indoors with the outdoors.<img src="https://photo-assets.superyachttimes.com/photo/353021/image/large-80e510e36801ebf947db3cb5065317da.png" data-gid="gid://syiq/Photo/353021">Other highlights onboard Axiom 24 include her hydraulic tender lift platform for handling tenders or toys up to 1,200 kilograms, the optional solar panels integrated on her hardtop, and the dual helm stations, one of which is found in an enclosed wheelhouse while the other is an open helm on the flybridge.<img src="https://photo-assets.superyachttimes.com/photo/353024/image/large-8ba9515845f7f5a27df9f5c38c956e16.png" data-gid="gid://syiq/Photo/353024">“Axiom 24 is far more than just a catamaran; it is a statement of forward-thinking design and high-level craftsmanship. By harnessing a raised forward deck concept, it delivers a palatial owner’s suite, multiple guest accommodations and near-limitless customisation opportunities—all under 24-metres,” <a data-gid="gid://syiq/Company/8124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Giamboi Designs (Company)">Giamboi Designs</a> concluded. <img src="https://photo-assets.superyachttimes.com/photo/353023/image/large-fc13b782d339a50ed3db8dc94c47952d.png" data-gid="gid://syiq/Photo/353023">

24m catamaran concept  Axiom 24 by Giamboi Designs 

Giamboi Designs has unveiled the renderings and details of a new 23.9-metre catamaran yacht concept called Axiom 24.


Axiom 24: The 24m spatial catamaran yacht concept 

The 23.99-metre <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 sailing catamaran yacht <a data-gid="gid://syiq/Yacht/9734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nala One23.99m (78'8&quot;)Sunreef Yachts2020">Nala One</a> sold, with Jakov Bosnjak of <a data-gid="gid://syiq/Company/8129" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Ocean Sailing House (Company)">Ocean Sailing House</a> introducing the buyer and Cornelius Kistler of <a data-gid="gid://syiq/Company/4901" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="breezeYachting.Swiss (Company)">breezeYachting.Swiss</a> representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/335773/image/large-0a89be69ea58f5fa7f4230eb496aa9aa.jpg" data-gid="gid://syiq/Photo/335773">Delivered in 2020, the sailing yacht features exterior design, interior styling and naval architecture all crafted in-house by <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef Yachts</a>. <img src="https://photo-assets.superyachttimes.com/photo/335776/image/large-53c1a76c9c65bcb3ede7a1168b685110.jpg" data-gid="gid://syiq/Photo/335776"><img src="https://photo-assets.superyachttimes.com/photo/335774/image/large-4e0b7f5f04dbc6227df7fceb275cde65.jpg" data-gid="gid://syiq/Photo/335774">With a beam of 11.53-metres, <a data-gid="gid://syiq/Yacht/9734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nala One23.99m (78'8&quot;)Sunreef Yachts2020">Nala One</a> is capable of hosting as many as eight guests across a four stateroom layout, including a spacious owner’s suite. <img src="https://photo-assets.superyachttimes.com/photo/318046/image/large-3171d7bf74f5af95ae382862116fe1cd.jpeg" data-gid="gid://syiq/Photo/318046"><img src="https://photo-assets.superyachttimes.com/photo/318044/image/large-071a6c5271e44b548b334dd0d2236b5f.jpeg" data-gid="gid://syiq/Photo/318044"><img src="https://photo-assets.superyachttimes.com/photo/318037/image/large-e5439cb4265add1ddfe239eb11acfdba.jpeg" data-gid="gid://syiq/Photo/318037">Among the <a data-gid="gid://syiq/Company/1158" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sunreef Yachts (Company)">Sunreef</a> 80 yacht’s most notable features are her generous main saloon offering a 360-degree panoramic view of the outdoor scenery to starboard. Meanwhile, to the portside is a dining area with a table that seats up to 10, as well as a bar with a wine-cooler and retractable TV. <img src="https://photo-assets.superyachttimes.com/photo/318045/image/large-8a4571d6877af3d0b6ef4c81deb60a64.jpeg" data-gid="gid://syiq/Photo/318045"><img src="https://photo-assets.superyachttimes.com/photo/318043/image/large-543a06cd2a705cebf7af05fe7a892b7c.jpeg" data-gid="gid://syiq/Photo/318043"><img src="https://photo-assets.superyachttimes.com/photo/318042/image/large-42315136408f77c0beff30ad55312329.jpeg" data-gid="gid://syiq/Photo/318042">In addition, <a data-gid="gid://syiq/Yacht/9734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nala One23.99m (78'8&quot;)Sunreef Yachts2020">Nala One</a>’s saloon gives access to the forward terrace on her bow, which is decked out in a sumptuous sunbathing space for guests to socialise or relax in the open air.<img src="https://photo-assets.superyachttimes.com/photo/318041/image/large-6cbf465991a562fa833336d30acddc30.jpeg" data-gid="gid://syiq/Photo/318041"><img src="https://photo-assets.superyachttimes.com/photo/335785/image/large-3e9cb9ced86356ad729f20b5ec2bc5c9.jpg" data-gid="gid://syiq/Photo/335785"> <img src="https://photo-assets.superyachttimes.com/photo/335783/image/large-77d55f40b1a04abd37bce250f4d907cf.jpg" data-gid="gid://syiq/Photo/335783"><img src="https://photo-assets.superyachttimes.com/photo/335782/image/large-28cb43396deeaae064ad99de249c23ae.jpg" data-gid="gid://syiq/Photo/335782">Regarding her performance, the yacht reaches a cruising speed of 10 knots and a top speed of 12 knots. At the time of her sale, <a data-gid="gid://syiq/Yacht/9734" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Nala One23.99m (78'8&quot;)Sunreef Yachts2020">Nala One</a> had a last known asking price of €5,995,000. <img src="https://photo-assets.superyachttimes.com/photo/335778/image/large-072b52d3275311b0d12b18d81fd22ae8.jpg" data-gid="gid://syiq/Photo/335778">

24m Sunreef 80 yacht Nala One sold

The 24m Sunreef 80 catamaran Nala One sold, with Ocean Sailing House introducing the buyer and breezeYachting.Swiss representing the seller. 


24m Sunreef 80 sailing catamaran Nala One sold 

<img src="https://photo-assets.superyachttimes.com/photo/352254/image/large-d96bad7c74a8ef8dadd133081cd5608b.jpg" data-gid="gid://syiq/Photo/352254">The newly-delivered 59.5-metre superyacht <a data-gid="gid://syiq/Yacht/11001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="B59.5m (195'3&quot;)Feadship2024">B</a> was recently observed while docked here in Saint Lucia, the Caribbean. Built by <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> in 2024, she is the first <a data-gid="gid://syiq/Company/29" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Feadship (Company)">Feadship</a> yacht to feature solar cells. Her striking deep blue hull, designed by <a data-gid="gid://syiq/Company/30" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="De Voogt Naval Architects (Company)">De Voogt Naval Architects</a>, makes her instantly recognisable from afar. Her interior, crafted by <a data-gid="gid://syiq/Company/926" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Sinot Yacht Architecture & Design (Company)">Sinot Yacht Architecture &amp; Design</a>, embraces a minimalist aesthetic, boasting high-end materials and floor-to-ceiling windows that flood the living areas with natural light.&nbsp;The motor yacht accommodates 12 guests across six staterooms, including a full-beam master suite. Amenities include a gym, spa, cinema room, and a beach club, along with a Jacuzzi on the sundeck. Powered by a hybrid propulsion system that can run on non-fossil HVO fuels, <a data-gid="gid://syiq/Yacht/11001" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="B59.5m (195'3&quot;)Feadship2024">B</a> reaches 17 knots and cruises at 12 knots, ensuring long-range travel with reduced environmental impact.

60m Feadship superyacht B in Saint Lucia

The superyacht B, built by Feadship in 2024, is seen anchored in Saint Lucia. 

<a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a> has announced the sale of a 122.5-metre new-build <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> superyacht Project Omega, with delivery scheduled for 2029. <img src="https://photo-assets.superyachttimes.com/photo/352999/image/large-06c2d10118a072e10df8d91beb513c91.jpg" data-gid="gid://syiq/Photo/352999">Project Omega represents the 25th <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a> project sold by <a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a>, who will also oversee her complete construction. It is the second superyacht <a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a> has built for her owner.Project Omega will feature both exterior and interior design by <a data-gid="gid://syiq/Company/61" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="RWD (Company)">RWD</a> and naval architecture by <a data-gid="gid://syiq/Company/23" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Lürssen Yachts (Company)">Lürssen</a>. She will be able to accommodate up to 20 guests across 10 staterooms. The superyacht will be equipped with a beach club, a dive centre, and ample outdoor spaces designed for entertainment and relaxation. Further project details remain confidential at this time.Project Omega is one of nine <a data-gid="gid://syiq/Company/227" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Moran Yacht & Ship (Company)">Moran Yacht &amp; Ship</a> new-build projects currently underway.

123m new-build Lürssen superyacht, Project Omega sold

Moran Yacht & Ship has announced the sale of a 122.5-metre new-build Lürssen superyacht Project Omega, with delivery scheduled for 2029.

New 123m Lürssen superyacht Project Omega sold

The 74-metre <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> superyacht <a data-gid="gid://syiq/Yacht/5957" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New Secret74.0m (242'9&quot;)Amels2017">New Secret</a> sold in an off-market, in-house deal, with <a data-gid="gid://syiq/Company/124" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Edmiston (Company)">Edmiston</a>’s Charles Carveles introducing the buyer and Jonathan Barbe representing the seller.<img src="https://photo-assets.superyachttimes.com/photo/301678/image/large-ce3f096ce5a3b39788d5f09e6cd7e99a.jpg" data-gid="gid://syiq/Photo/301678">Delivered in 2017 as part of the <a data-gid="gid://syiq/Company/18" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Amels (Company)">Amels</a> Limited Edition 242 series, <a data-gid="gid://syiq/Yacht/5957" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New Secret74.0m (242'9&quot;)Amels2017">New Secret</a> features exterior design by <a data-gid="gid://syiq/Company/1" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Tim Heywood Design Ltd. (Company)">Tim Heywood</a>, interiors imagined by <a data-gid="gid://syiq/Company/69" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Winch Design (Company)">Winch Design</a> and naval architecture crafted in-house by her Dutch builder. <img src="https://photo-assets.superyachttimes.com/photo/318983/image/large-0708aee1f873e8b8b89a13a377843777.jpeg" data-gid="gid://syiq/Photo/318983"><img src="https://photo-assets.superyachttimes.com/photo/301688/image/large-7f4396b06bd6c1da4b65b4bf1dc0c8ed.jpg" data-gid="gid://syiq/Photo/301688"><img src="https://photo-assets.superyachttimes.com/photo/301689/image/large-268bdd80c02b50a5997b4e98eeb3b53a.jpg" data-gid="gid://syiq/Photo/301689">At a volume of 1,790 GT, <a data-gid="gid://syiq/Yacht/5957" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New Secret74.0m (242'9&quot;)Amels2017">New Secret</a> is capable of hosting as many as 14 guests across a six stateroom layout, including a main-deck master suite, one twin stateroom, two VIP suites and two double staterooms. Further accommodation is available to support a crew of up to 19 members onboard. <img src="https://photo-assets.superyachttimes.com/photo/301690/image/large-776bf1b85fc413151ddeb4cee82f9d33.jpg" data-gid="gid://syiq/Photo/301690"><img src="https://photo-assets.superyachttimes.com/photo/301692/image/large-f019ea312438698d620e56fcc8069008.jpg" data-gid="gid://syiq/Photo/301692"><a data-gid="gid://syiq/Yacht/5957" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="New Secret74.0m (242'9&quot;)Amels2017"><img src="https://photo-assets.superyachttimes.com/photo/301691/image/large-d96b851c513bd2addba3b09c0667d5de.jpg" data-gid="gid://syiq/Photo/301691">New Secret</a>’s noteworthy amenities consist of a sauna, beauty salon and a welcoming beach club. Her other highlights include an infinity pool located on the lower deck with sun loungers, a helipad on the upper deck and a Jacuzzi on the sundeck. <img src="https://photo-assets.superyachttimes.com/photo/301682/image/large-9c42e5865c2eb722c8e1e0277005e05e.jpg" data-gid="gid://syiq/Photo/301682"><img src="https://photo-assets.superyachttimes.com/photo/301681/image/large-d6c7a7bdda5c16740d9509b82916ffcf.jpg" data-gid="gid://syiq/Photo/301681"><img src="https://photo-assets.superyachttimes.com/photo/301680/image/large-0aa1960fb0a3fcf43cb93474e76815f8.jpg" data-gid="gid://syiq/Photo/301680"><img src="https://photo-assets.superyachttimes.com/photo/301679/image/large-37b902c505fc323a83e29a1f16658b39.jpg" data-gid="gid://syiq/Photo/301679">Where her performance is concerned, the superyacht is powered by twin <a data-gid="gid://syiq/Company/1408" href="#managed-by-system" rel="noopener noreferrer" target="_blank" title="Caterpillar Inc (Company)">Caterpillar</a> engines that propel her to a cruising speed of 12.5 knots and a top speed of 16.5 knots. When cruising at a speed of 12.5 knots, she has a range of 5,000 nautical miles. &nbsp;<img src="https://photo-assets.superyachttimes.com/photo/301672/image/large-90b6507abfe420bbab6e4e74002304fd.jpg" data-gid="gid://syiq/Photo/301672">

74m Amels yacht New Secret sold 

The 74-metre Amels superyacht New Secret sold in an off-market, in-house deal, with Edmiston’s representing the buyer and seller. 

74m Amels superyacht New Secret sold 

Egypt

Felix Maritime Agency

No Image

Saudi Arabia

Saudi Red Sea Authority

Spain

MB92 Group

Monaco

Hill Robinson

Suez Canal Authority

Jeddah Yacht Club & Marina

Sindalah Marina

NEOM

MB92 Barcelona

France

MB92 La Ciotat

MB92 La Ciotat Shipyard

MB92 La Ciotat shipyard

United Arab Emirates

The Gulf Superyacht Summit 2024, previously known as The International Superyacht Summit was acquired by <a href="https://www.superyachttimes.com/" rel="noopener noreferrer" target="_blank" title="">SuperYacht Times</a> in May 2022. &nbsp; This 2-day annual event seeks to inform, assist and advise yachting clients and related interested parties, with the goal to develop the Gulf as a superyacht winter destination. &nbsp; The Gulf region is of growing importance to the superyacht industry. Dubai has some of the biggest marina developments in the world and the annual Formula 1 event in Abu Dhabi attracts a large crowd of superyachts. A growing number of yachts are using the UAE as a hub from where they travel further east to places like the Seychelles, Maldives, Indonesia and Thailand. &nbsp; Not only is the region establishing itself as a superyacht hub, but also Dubai aims to become the crypto capital of the world. With a lot of new wealth being created in this market sector, the region will also be of growing importance to yacht builders and brokers looking to engage with new clients.