Lürssen superyacht hits dry dock doornews Rob Hodgetts 8 Dec 23 0A 130m+ superyacht has caused significant damage to the doors of a dry dock and injured an employee after an incident at the Lürssen shipyard… Read more
Instability breeds uncertainty for marketsopinion Rob Hodgetts 7 Dec 23 0Financial markets might be looking forward to a Santa rally but global instability continues to cast an air of caution over the superyacht industry. War in… Read more
How serious is yachting about sustainability?opinion Rob Hodgetts 30 Nov 23 0Just as turkeys are famously unlikely to vote for Christmas, so the superyacht industry is unlikely to downplay its progress in sustainability. The mood music… Read more
6 brokers on headwinds facing the industryopinion Rob Hodgetts 22 Nov 23 0The superyacht industry is used to weathering storms and even came out of the pandemic with increased forward momentum. But there are always headwinds on… Read more
Bankers help fuel green revolutionopinion Rob Hodgetts 2 Nov 23 0Global warming is a hot topic. And a quick straw poll across superyacht sectors tells you sustainability remains at the forefront of many people’s thinking… Read more
Heesen appoints Vaessen as CEOnews Rob Hodgetts 24 Oct 23 0Dutch shipyard Heesen has appointed Niels Vaessen as its new CEO from November. Vaessen joined Heesen in 2012 as finance manager and moved to CFO… Read more
Columbus Yachts sells first Atlantique 37news Rob Hodgetts 19 Oct 23 0Columbus Yachts has sold its first 37m Atlantique which will be delivered to a European customer in 2025. This all-aluminium motor yacht will be built… Read more
Why amped-up asking prices lead to ‘frustration’news Rob Hodgetts 17 Oct 23 0Buyers and sellers have always danced to different tunes but amped-up asking prices are risking stagnation in the superyacht market, according to Will Christie, CEO,… Read more
Superyacht sales market: fizz subsidesopinion Rob Hodgetts 11 Oct 23 0If the superyacht sales market is a bottle of vintage Champagne, then the bubbles are settling after the shake-up of the Covid era and a… Read more
5.2 million euro private submarine set for deliverynews Rob Hodgetts 3 Oct 23 0A 5.2 million euro submarine, dubbed the world’s fastest private submersible, will be delivered to its owner in late 2023, according to manufacturer U-Boat Worx.… Read more
NEOM: Superyacht repair facility set for Saudi Red Sea resortnews Rob Hodgetts 28 Sep 23 0Superyachts heading to the luxury Saudi Arabian island of Sindalah will be able to put in for repairs at a huge facility planned for the… Read more
Ares Shipyard launches luxury brand Ares Yachtsnews Rob Hodgetts 28 Sep 23 0Turkish boatbuilder Ares Shipyard is developing a number of luxury vessels under its new superyacht brand Ares Yachts. The Antalya-based company, launched in 2006 by… Read more
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 Superyacht Investor Contributor 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 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
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
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
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
Sanlorenzo secures controlling stake in luxury furniture firm Duerrenews Superyacht Investor Contributor 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