Intellian signs partnership with Speedcastnews Superyacht Investor Contributor 24 Aug 22 0Satellite antenna and terminal provider Intellian has signed a multi-million-dollar partnership agreement with fellow connectivity company Speedcast. The deal aims to allow the companies to… Read more
Antiguan law enforcement search sanctioned superyachtnews Superyacht Investor Contributor 23 Aug 22 0Antiguan and Barbudan authorities have searched sanctioned Russian-owned superyacht, Alfa Nero as part of an ongoing FBI investigation. The findings of the operation will be… Read more
Oligarch’s seized superyacht to be sold to highest biddernews Superyacht Investor Contributor 23 Aug 22 0The superyacht belonging to sanctioned Russian oligarch Dmitry Pumpyansky will be sold to the highest bidder at a judicial auction in Gibraltar. Axioma will be… Read more
Superyacht sinks off Italian coastnews Superyacht Investor Contributor 22 Aug 22 0MY Saga, a 39m (128ft) superyacht, sank beneath the waves of the Gulf of Squillace, south of Italy on Saturday (August 20th). It was delivered to… Read more
Borrow a Boat continues global expansion into Francenews Superyacht Investor Contributor 19 Aug 22 0Borrow a Boat is expanding its digital charter marketplace to the French market ahead of the Cannes Yachting Festival next month. This comes after the… Read more
Motor-Services Hugo Stamp acquires Pacific Power Groupnews Superyacht Investor Contributor 19 Aug 22 0Motor-Services Hugo Stamp (MSHS) has acquired Pacific Power Group (PPG) for an undisclosed fee, consolidating its network across the US. Both PPG and MSHS will… Read more
Sunreef Yachts expands to Turkeynews Superyacht Investor Contributor 19 Aug 22 0Sunreef Yachts has continued further expansion this year with the opening of a new sales office in Istanbul, Turkey. This follows the beginning of construction… Read more
Newly delivered superyacht set ablazenews Superyacht Investor Contributor 15 Aug 22 0Superyacht Aria SF caught fire while off the island of Formentera, Spain. The vessel was delivered to its owner in July. The 150ft (44m) superyacht,… Read more
MarineMax secures $1.35b loannews Superyacht Investor Contributor 12 Aug 22 0MarineMax has secured loans of $1.35b to support its growth. The yacht retailer has increased its floor plan line by $250m from its existing arrangement… Read more
Ferretti Group superyachts orderbook grows 26%news Superyacht Investor Contributor 11 Aug 22 0Ferretti Group grew its superyacht orderbook by 26% to €370.5m at the end of June from €293m at the end of 2021. Demand for its… Read more
MarineMax buys IGY Marinas for up to $580mnews Superyacht Investor Contributor 11 Aug 22 0MarineMax has bought Island Global Yachting (IGY Marinas), which owns 23 marinas worldwide, for $480m. Tom Mukamal, the CEO and IGY Marina’s senior management team… Read more
Sales up 64% at The Italian Sea Groupnews Superyacht Investor Contributor 10 Aug 22 0The Italian Sea Group (TISG), the owner of Picchiotti, Admiral, Perini Navi, Tecnomar (Evo 115 pictured) and NCA Refit, has reported a 64% increase in… Read more
The Italian Sea Group launches new superyacht seriesnews Superyacht Investor Contributor 8 Aug 22 0The Italian Sea Group (TISG) has launched a new fleet for its Picchiotti brand that will feature vessels ranging from 75-180ft (24-55m). The new build… Read more
Lost treasure found on seized superyachtnews Superyacht Investor Contributor 22 Jul 22 0The US government has found what it believes to be a Fabergé egg on seized superyacht Amadea (pictured). The $300m vessel, owned by sanctioned Russian… Read more
Sunreef Yachts expands to the Middle Eastnews Superyacht Investor Contributor 22 Jul 22 0Sunreef Yachts is set to open a new shipyard in the United Arab Emirates following rising demand in the Middle East. It will be the… Read more
BYD Group announces 164ft hybrid superyacht projectnews Superyacht Investor Contributor 19 Jul 22 0SYI Summary The Mallorca-based design studio has announced a new 164ft (50m) superyacht project, created in collaboration with Atollvic Shipyard, the BYD 50. Built will… Read more
Malta sets record for most superyacht registrationsnews Superyacht Investor Contributor 15 Jul 22 0More than 1,030 superyachts around the globe now fly the Maltese flag as the island nation registered a record 51% increase in registrations. Malta has… Read more
Yachtzoo to accept cryptocurrency for superyacht salesnews Superyacht Investor Contributor 14 Jul 22 0Superyacht brokerage Yachtzoo has partnered with global crypto payment service provider BitPay. The new alliance will enable its clients to purchase, charter or sell yachts… Read more
Pelorus appoints Gayle Patterson as head of charternews Superyacht Investor Contributor 13 Jul 22 0Pelorus has appointed Gayle Patterson as the head of charter in its Yachting division. Patterson previously held positions at yacht brokerages Northrop & Johnson and… Read more
MarineGuard Systems acquires offshore firm EPICnews Superyacht Investor Contributor 13 Jul 22 0Superyacht security system provider MarineGuard Systems has acquired Exploration and Production Information Company (EPIC) for an undisclosed sum. MarineGuard’s expertise lies in the design, manufacture,… Read more
