Lusben completes refit of Explorer superyacht Lady Jadenews Mike Stones 11 Jul 23 0Refit specialist Lusben has completed work on the 41m (135ft) Explorer superyacht Lady Jade for its unnamed Swiss owner. The refit included a 6m extension… Read more
Ferretti floats on the Milan Stock Exchangenews Conor Feasey 28 Jun 23 0Ferretti started trading its shares on the Euronext Milan Stock Exchange yesterday (June 27th), with its initial public offering at €3 per share, for a… Read more
Silent-Yachts and Silent-Resorts to build new solar-powered resort in Fijinews Conor Feasey 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
Ferretti to sell 28.75% of shares ahead of Euronext Milano dual listingnews Conor Feasey 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
The Italian Sea Group posts €85m revenue for Q1, 2023news Conor Feasey 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
Ferretti backlog reaches €1.5bn in Q1 2023news Conor Feasey 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 Conor Feasey 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
Sanlorenzo secures controlling stake in luxury furniture firm Duerrenews Conor Feasey 5 May 23 0Sanlorenzo has secured a controlling stake in luxury furniture company Duerre. The Italian shipyard signed a binding offer to acquire a further 33% stake in… Read more
Horizon Yacht Company and Pearlson Shiplift Corporation sign construction contractnews Conor Feasey 24 Apr 23 0Horizon Yacht Company and Pearlson Shiplift Corporation (PSC) have signed a contract for the design and build a new shiplift for its superyacht maintenance, repair… Read more
Baglietto and Arco Technologies agree hydrogen superyacht partnershipnews Conor Feasey 21 Apr 23 0Italian shipyard Baglietto and Arco Technologies have signed a partnership deal, that will see Arco help build a hydrogen fuel cell power station for yachts… Read more
Silent Yachts hires Fabrizio Iarrera as COOnews Conor Feasey 18 Apr 23 0Silent Yachts has hired Fabrizio Iarrera (pictured) as chief operating officer (COO). Iarrera will be responsible for the shipyard’s workflow and operations management and help… Read more
The Italian Sea Group buys luxury furniture company Celinews Conor Feasey 18 Apr 23 0The Italian Sea Group (TISG) has bought Italian luxury furniture company Celi after securing 100% control of its shares. The acquisition represents the first step… Read more
Lürssen suffers cyber attack over Easter weekendnews Superyacht Investor Contributor 12 Apr 23 0Lürssen has reported falling victim to a cyber attack over the Easter weekend. A spokesman for the Bremen-based shipyard group confirmed that it was a ransomware… Read more
Sanlorenzo buys 49% share of Sea Energynews Conor Feasey 28 Mar 23 0Sanlorenzo has acquired a 49% stake in yachting electrical systems installation firm, Sea Energy for a fee in the region of €2.7m ($2.9m). Massimo Perotti,… Read more
VisionF Yachts hires Ali Tanir as general managernews Conor Feasey 23 Mar 23 0VisionF Yachts has hired Ali Tanir as general manager. The Turkish yacht builder said the new appointment is a significant step towards implementing its long… Read more
IYC to exclusively sell Cantiere delle Marche yachts in the USnews Conor Feasey 23 Mar 23 0IYC has partnered with Cantiere delle Marche and will now exclusively handle the Italian shipyard’s sales in the US. The explorer yacht specialist said it… Read more
News and views from Superyacht Investor London 2023opinion Conor Feasey 22 Mar 23 0More than 170 delegates gathered at the Royal Garden Hotel last week for our Superyacht Investor London 2023 conference. Panels and presentations covered a broad… Read more
Sanlorenzo outlines plan for growth and expansionnews Conor Feasey 21 Mar 23 0Sanlorenzo has outlined its business plan for 2023 to 2025 following its strong financial performance in 2022. The Italian shipyard also revealed its intentions of… Read more
Ferretti Group acquires €40m production site in Ravenna, Italynews Conor Feasey 21 Mar 23 0The Ferretti Group has acquired a 70,000sqm production site in Ravenna, Italy for €40m. The Italian shipbuilder will also invest a further €40m over the… Read more
Ferretti Group to list on Euronext Milano exchangenews Conor Feasey 21 Mar 23 0Ferretti Group’s board of directors have agreed to proceed with the company’s plan to list on the Euronext Milano exchange. Should the plan come to… Read more
