MarineMax promotes executive officer, Anthony Cassella Jrnews Superyacht Investor Contributor 2 Mar 23 0MarineMax has promoted Anthony Cassella Jr to executive vice president of finance and chief accounting officer. Since joining MarineMax in 1998, Cassella has held numerous… Read more
Quay Crew funds training courses for young people from lower income backgroundsnews Superyacht Investor Contributor 2 Mar 23 0Quay Crew has partnered with Greig City Academy (GCA), Scaramouche Sailing Trust and crew training school Flying Fish to provide employment opportunities to young people… Read more
South African seizureopinion Superyacht Investor Contributor 1 Mar 23 0The arrest of superyacht Blue Shadow in Cape Town last month seemed a simple case of a South African court exercising its judicial powers following a lawsuit.… Read more
Rossetti Superyachts confirm Rosetti Marino’s ownershipnews Superyacht Investor Contributor 1 Mar 23 0Rosetti Marino has confirmed Rosetti Superyachts is not for sale, following incorrect media reports that it was looking for a buyer. The shipyard also said… Read more
Spirit Yachts reveals new owners and management teamnews Superyacht Investor Contributor 28 Feb 23 0Sailing superyacht builder, Spirit Yachts has revealed a new ownership structure and management team. Company co-founder, Sean McMillan, has stepped down as CEO with a… Read more
Palma International Boat Show to host ‘Innovation Corner’ at Palma Superyacht Villagenews Superyacht Investor Contributor 28 Feb 23 0The Palma International Boat Show (PIBS) plans to host an ‘Innovation Corner’ at the Palma Superyacht Village. It will be supported by global startup hub… Read more
Giuseppe Taranto, vice-chairman of The Italian Sea Group, diesnews Superyacht Investor Contributor 27 Feb 23 0The Italian Sea Group (TISG) has announced with “heartfelt sorrow” the passing of its vice-chairman Giuseppe Taranto, after battling an illness which lasted less than… Read more
The Italian Sea Group secures sale of 73m Admiral superyachtnews Superyacht Investor Contributor 23 Feb 23 0The Italian Sea Group (TISG) has announced the sale of a new 73m (240ft) Admiral superyacht, GC-Force. The shipyard said that the yacht will be… Read more
Voly Group acquires Pinpoint Worksnews Superyacht Investor Contributor 23 Feb 23 0Financial management platform Voly Group has acquired digital superyacht project management company, Pinpoint Works. The acquisition will enhance its end-to-end solutions for the digital financial… Read more
Jaffa & Co promotes Katie Bancroft to Senior Associatenews Superyacht Investor Contributor 21 Feb 23 0Law firm Jaffa & Co has promoted Katie Bancroft from associate to senior associate for Superyachts and Aviation. Bancroft, who has been with the English… Read more
Marinedi Group reports a 25% increase in revenue for 2022news Superyacht Investor Contributor 21 Feb 23 0The Marinedi Group has reported a 25% increase in revenue and a turnover of about €16m ($17m) in its final financial results for the year… Read more
AvA Yachts names Gilman Yachts as its North and South American dealernews Superyacht Investor Contributor 21 Feb 23 0AvA Yachts has announced an exclusive partnership with US-based brokerage, Gilman Yachts. The Fort Lauderdale-based dealership will act as its sole distributor for North and… Read more
Tillberg Design of Sweden designs 207m Four Seasons superyachtnews Superyacht Investor Contributor 20 Feb 23 0Tillberg Design of Sweden has designed a 207m (679ft) superyacht for luxury hotel and resort company, Four Seasons. The Swedish firm is responsible for The… Read more
Lusben restructures senior leaders and reveals 2023 investment plannews Superyacht Investor Contributor 20 Feb 23 0Lusben has appointed new members to its senior leadership team following a corporate restructure. The Azimut-Benetti refit and repair brand has also revealed investment plans… Read more
Princess Yachts acquired by KPS Capital Partnersnews Superyacht Investor Contributor 15 Feb 23 0The majority of Princess Yachts shares have been acquired by US private equity firm, KPS Capital Partners. The deal is expected to close in the… Read more
D-Marin acquires Marinas del Mediterráneo in Spainnews Superyacht Investor Contributor 15 Feb 23 0D-Marin has acquired Spanish marina group Marinas del Mediterráneo, with its three marinas joining the D-Marin network. The three marinas, Puerto Deportivo de Estepona, Puerto… Read more
Vice president of Equatorial Guinea has superyacht seizednews Superyacht Investor Contributor 15 Feb 23 0A superyacht owned by Equatorial Guinea’s vice president, Teodoro Nguema Obiang, has been seized by South African authorities. The seizure of 66m (216ft) Blue Shadow… Read more
The Italian Sea Group and Giorgio Armani reveal 72m Admiral superyachtnews Superyacht Investor Contributor 14 Feb 23 0The Italian Sea Group (TISG) and Giorgio Armani have revealed the design of a 72m (236ft) superyacht. The customised yacht is currently under construction by… Read more
The MY Tango inquiry: Lessons to be learntopinion Superyacht Investor Contributor 14 Feb 23 0The industry was rocked recently by the news that Richard Masters and Vladislav Osipov were charged with allegedly aiding sanctioned Russian billionaire, Viktor Vekselberg. The… Read more
Videoworks creates new connectivity business unit to meet rise in demandnews Superyacht Investor Contributor 13 Feb 23 0Videoworks has created a new business unit dedicated to ensuring superyacht clients experience better connectivity at sea. The firm has also opened a new office… Read more