Alfa Nero sold to US billionaire for $68mnews Superyacht Investor Contributor 19 Jun 23 0The government of Antigua and Barbuda has sold superyacht Alfa Nero to an American billionaire for $67.6m, despite eleventh-hour attempts by its alleged owners to stop… Read more
Superyacht saves more than 100 migrants from drowningnews Superyacht Investor Contributor 15 Jun 23 0A superyacht was part of a rescue flotilla that saved 104 people from drowning after a fishing boat (pictured) carrying migrants capsized off the coast… Read more
Yachtglass joins German shipbuilder group Deutsche Yachtennews Superyacht Investor Contributor 13 Jun 23 0Superyacht glass specialist Yachtglass has joined German superyacht construction collective, Deutsche Yachten. The group is part of the German boat and shipbuilder association, Deutscher Boots… Read more
SYBAss and IAMI launch Yacht Owner Representative Programmenews Superyacht Investor Contributor 12 Jun 23 0The Superyacht Builders Association (SYBAss) and the International Association of Maritime Institutions (IAMI) have launched a new course for prospective yacht owner representatives: The Yacht… Read more
Silent-Yachts and Silent-Resorts to build new solar-powered resort in Fijinews Superyacht Investor Contributor 12 Jun 23 0Austrian solar-powered shipbuilder Silent-Yachts will build a new resort in Fiji, powered entirely by solar energy through its luxury resort partner, Silent-Resorts. The new location… Read more
MarineMax and Fraser Yachts expand to West Palm Beachnews Superyacht Investor Contributor 9 Jun 23 0MarineMax and its superyacht brokerage Fraser Yachts have expanded their South Florida presence with the opening of a new office in West Palm Beach. Fraser… Read more
IGY Marinas to develop Neom superyacht marinanews Superyacht Investor Contributor 8 Jun 23 0IGY Marinas is to develop and operate a new superyacht marina in Sindalah, Saudi Arabia as part of the Neom “smart city” development project. Once… Read more
Italian new build superyacht market in good healthopinion Superyacht Investor Contributor 8 Jun 23 0The new build superyacht market remains healthy – and it shows. Publicly-owned Italian shipyards Ferretti, Sanlorenzo and The Italian Sea Group (TISG) reported an increase… Read more
Alfa Nero removed from US sanctions listnews Superyacht Investor Contributor 7 Jun 23 0Superyacht Alfa Nero has been removed from the US sanctions list, allowing the government of Antigua and Barbuda to proceed with its plans to sell… Read more
Ferretti to sell 28.75% of shares ahead of Euronext Milano dual listingnews Superyacht Investor Contributor 5 Jun 23 0Ferretti’s main shareholder, Chinese state-owned Weichai Group, will sell over a quarter (28.75%) of the group’s common stock as the yacht builder joins the Milan… Read more
Viasat completes Inmarsat acquisitionnews Superyacht Investor Contributor 31 May 23 0Viasat has completed the acquisition of Inmarsat in a multi-hundred-million-dollar deal. The global communications company said the merger will deliver improved connectivity and key safety… Read more
Karma Yachting superyacht brokerage founded in San Marinonews Superyacht Investor Contributor 30 May 23 0New superyacht brokerage Karma Yachting has been founded in San Marnio by Mario Cicognani and Karin Paggi. The co-founders share more than three decades of… Read more
The Italian Sea Group posts €85m revenue for Q1, 2023news Superyacht Investor Contributor 25 May 23 0The Italian Sea Group (TISG) has posted revenue of €85m ($91.1m) during the first quarter (Q1) of 2023, a 23% increase from €69m in the… Read more
The Viken Group and AES Yacht partner on 60m expedition yacht Mimernews Superyacht Investor Contributor 24 May 23 0The Viken Group has partnered with Turkish shipyard AES yacht to build a new 60m (197ft) expedition yacht. Mimer will be designed by Tillberg Design… Read more
Antigua and Barbuda granted licence for Alfa Nero salenews Superyacht Investor Contributor 23 May 23 0The auction of superyacht Alfa Nero is set to continue, following a licence being given to Antigua and Barbuda from the US government. But the… Read more
Sarnia Yachts acquired by Praxisnews Superyacht Investor Contributor 22 May 23 0Sarnia Yachts has been acquired by private wealth and corporate services provider Praxis. Following the transition, majority shareholder and Sarnia Yachts CEO, Tim Joyce (pictured… Read more
The Italian Sea Group sells three 70m superyachts in record transactionnews Superyacht Investor Contributor 19 May 23 0The Italian Sea Group (TISG) has sold three new 70m (230ft) GC-Force 70 Admiral superyachts to a European billionaire, a record transaction for the shipyard.… Read more
Ferretti backlog reaches €1.5bn in Q1 2023news Superyacht Investor Contributor 17 May 23 0Ferretti Group has announced an order backlog of €1.5bn (€1.63bn) in its financial report for the first quarter (Q1) of this year, a 15.4% increase… Read more
Sanlorenzo reports an 11.8% increase in new build sales for Q1news Superyacht Investor Contributor 15 May 23 0Sanlorenzo has reported total sales of €183.7m ($199m) for the first quarter (Q1) of this year – an 11.8% increase compared with the same period… Read more
Sunreef Yachts appoints Apollo Yachts and Alina Yachts as exclusive dealersnews Superyacht Investor Contributor 12 May 23 0Sunreef Yachts has appointed Appollo Yachts and Alina Yachts as the shipyard’s exclusive dealers. The Polish shipbuilder said that the move is in response to… Read more
