Italian Sea Group (TISG) rides wave of yacht demandnews Fayaz Hussain 13 Nov 23 0The Italian Sea Group (TISG), a global leader in the yachting industry, reported a 25% year-on-year (YoY) increase in revenue for the first nine months… Read more
Sanlorenzo posts 15% revenue growthnews Fayaz Hussain 10 Nov 23 0Italian luxury yacht maker Sanlorenzo reported a 15% year-on-year (YoY) increase in revenues from new yachts to €626m for the first nine months of 2023,… Read more
‘Zero-emission’ Project Pegasus a step closer to realitynews Rob Hodgetts 3 Nov 23 0Revolutionary “zero-emission” concept yacht Project Pegasus is a step closer to reality after it was taken on as a construction opportunity with Denison. The 88m… Read more
US files claim on Russian-owned superyacht Amadeanews Rob Hodgetts 25 Oct 23 0The US Justice Department is seeking the forfeiture of superyacht Amadea which it says is owned by sanctioned Russian oligarch Suleiman Kerimov. The 106m (348ft)… 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
VesselsValue to leave superyacht valuation marketnews Rob Hodgetts 10 Oct 23 0Ship valuation and market intelligence company VesselsValue will cease operating in the superyacht space in 2024, the firm has announced. UK-based VesselsValue, which provides independent… 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
Jaffa & Co launches Jaffa Privé to advise on superyachtsnews Rob Hodgetts 27 Sep 23 0Law firm Jaffa & Co has launched Jaffa Privé to offer advisory services to superyacht and business jet owners. The group, based in Mayfair, London,… Read more
Celebrity superyachts: top three worth $1.29bnnews Mike Stones 11 Sep 23 0The top three celebrity superyachts have a combined value of $1.29bn, according to new research from yacht charter firm Ritzy Charters. Leading the fleet in… Read more
Yacht fire: Luxury vessel Irmao sinks off Spanish islandnews Mike Stones 14 Aug 23 0The 90-ft (27.34m) luxury yacht Irmao has sunk off the Spanish Balearic Island of Formentera after a devastating fire on Saturday, August 12th, confirms the… Read more
Luxury yacht attacks to intensify, warns MedAirenews Mike Stones 1 Aug 23 0Attacks on luxury yachts by environmental protestors in Europe are likely to become more common, warns security, medical and travel consultancy MedAire. Tighter security and… Read more
Superyacht Eco Association launches CO2 calculation tool SEA Index Phase IIInews Mike Stones 1 Aug 23 0SEA Index Phase III, an initiative designed to measure the carbon intensity of superyachts, has been launched by the Superyacht Eco Association (SEA). The latest… Read more
UK government keen to finance superyachtsnews Alasdair Whyte 27 Jul 23 0The UK Government has revealed a new finance plan to help domestic shipbuilding including yacht and superyacht yards. Under the Shipbuilding Credit Guarantee Scheme, the… Read more
€300m superyacht Kaos attacked by climate change protestorsnews Mike Stones 17 Jul 23 0The superyacht Kaos, said to be worth €300m ($337M), has been attacked with paint sprayed by fire extinguishers in Ibiza Port by the Spanish climate… Read more
IYC partners with HeliFlite for superyacht transfersnews Mike Stones 12 Jul 23 0Yacht broker, charter and management company IYC is partnering with New Jersey-based helicopter operator HeliFlite to offer clients direct transfer to and from superyachts via… 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
