Lürssen brings up 150 years of yacht buildingnews Rob Hodgetts 27 Jun 25 0German superyacht shipyard Lürssen celebrates its 150th anniversary this year having been founded on 27 June 1875. The company was founded by 24-year-old Friedrich Lürssen… Read more
Sunseeker to shed 200 jobs in restructurenews Rob Hodgetts 25 Jun 25 0UK yacht builder Sunseeker is to restructure its business with the loss of about 200 jobs in response to a “softening global demand” caused by… Read more
Roadmap urges yachting to reach net zero by 2050news Rob Hodgetts 17 Jun 25 0Businesses across the lifecycle of superyachts are being urged to get on board with a quest to achieve net zero by 2050. A voluntary charter… Read more
Highfield to step down as Oyster Yachts CEOnews Rob Hodgetts 13 Jun 25 0Oyster Yachts CEO Ashley Highfield is to stand down in the autumn and will be replaced by a figure from the marine manufacturing industry. Highfield… Read more
Ferretti ends first quarter with record backlognews Fayaz Hussain 21 May 25 0Italian yacht maker Ferretti reported a record order backlog of €1.8bn in its first-quarter results for 2025. That marks an increase of 7.6% year-over-year while… Read more
Feadship Resale scores first two successesnews Rob Hodgetts 16 May 25 0Feadship has made its first two sales through the recently established Feadship Resale service. The two yachts are the 75.75m ONE (built in 2025), which… Read more
Sanlorenzo first quarter revenue jumps 9.6%YoYnews Fayaz Hussain 15 May 25 0Italian yacht builder Sanlorenzo reported a sharp increase in revenue of 9.6% year-over-year to €213.5m attributable to the “excellent performance” of the company’s superyacht segment.… Read more
Bayesian: ‘Vulnerabilities’ in stability an issuenews Rob Hodgetts 15 May 25 0The sinking of the Bayesian was due in part to extreme winds and “vulnerabilities” in the yacht’s stability, according to an interim report by the… Read more
MarineMax posts record $631m Q2 revenuenews Fayaz Hussain 25 Apr 25 0Florida-based MarineMax reported financial results for second-quarter revenue of $631.5m, up by 8.3% year-over-year as the company managed to boost revenue from retail operations. Revenue… Read more
De Vries to retire as Feadship directornews Rob Hodgetts 24 Apr 25 0Feadship figurehead Henk de Vries III will retire as director of the company and CEO of Koninklijke De Vries Scheepsbouw on 1 May 2025. De… Read more
Heesen Yachts acquired by Dutch entrepreneurnews Mike Stones 7 Apr 25 0Dutch entrepreneur and investor Laurens Last has completed the full acquisition of Heesen Yachts in a move that secures the yacht builder’s future and reinforces… Read more
Antigua to challenge US judge in Alfa Nero sale rownews Rob Hodgetts 20 Mar 25 0Antigua is set to challenge the jurisdiction of the US federal judge who granted permission for subpoenas to access the financial records of government officials… Read more
Fort Insurance to acquire YachtSafe Globalnews Rob Hodgetts 17 Mar 25 0Fort Insurance is in advanced discussions to acquire YachtSafe Global LLC, a Florida-based insurance broker. The Antibes, France-based superyacht broker will promote YachtSafe director Dylan… Read more
Hill Dickinson, Alley Maass unite for ‘competitive edge’news Rob Hodgetts 12 Mar 25 0The phrase “think global, act local” has been knocking around for decades but it neatly sums up the new alliance between superyacht law firms Hill… Read more
Seized yacht Amadea closer to auctionnews Rob Hodgetts 12 Mar 25 0The US Justice Department has moved closer to gaining the forfeiture of superyacht Amadea which was seized in 2022 because of alleged ownership by sanctioned Russian oligarch Suleiman… Read more
Ferretti eyeing acquisition in 2025news Rob Hodgetts 10 Mar 25 0Italian yacht builder Ferretti is planning acquisition for another significant asset this year, according to CEO Alberto Galassi. “We have three different files on the… Read more
Ferretti reports €1.2bn revenue, record backlognews Fayaz Hussain 3 Mar 25 0Italian yacht maker Ferretti Group reported stellar revenue growth of 5.6% year-over-year in 2024 at €1.17bn with revenues distributed across all four quarters and limited… Read more
Azimut|Benetti to use SEA Index carbon emissions toolnews Rob Hodgetts 25 Feb 25 0Leading superyacht manufacturer Azimut|Benetti Group will adopt the SEA Index carbon emissions rating tool as part of its drive to build a more sustainable fleet.… Read more
US yacht brokers defeat inflated commission lawsuitnews Rob Hodgetts 23 Jan 25 0A Florida judge has thrown out a class action lawsuit in which the International Yacht Brokers Association (IYBA) and other brokerages were accused of inflating… Read more
Phi appeal verdict due in six weeksnews Rob Hodgetts 17 Jan 25 0The verdict on detained superyacht Phi will be delivered in about six weeks after the latest appeal was heard for the 58m Royal Huisman moored… Read more
