Navigare Yachting, a Swedish yacht charter firm, has placed an order for 102 new yachts valued at around €50m for use at its bases in the Mediterranean and British Virgin Islands. The orders were placed with Jeanneau, Lagoon, Beneteau, Bavaria and Fountaine Pajot.

“We’re in a phase of expansion with higher demand than previously,” says Navigare CEO Jesper Rönngard. “We face growing demand from Swedish customers, we have more dealers selling our products in Europe and US, and the production capacity at the yards is so tight that we have to place our orders well in advance.”

Navigare Yachting operates boats in the Mediterranean as well as in the British Virgin Islands. The majority of the new boats will be used in the Med, where Navigare has its largest base in Trogir, north of Split, in Croatia.

Navigare Yachting’s base on Tortola in the British Virgin Islands will reopen in the middle of December with 50% of last year’s capacity. During Hurricane Irma the company lost five boats which will now be replaced.

Headquartered in Malmo, Sweden, Navigare Yachting is one of the world's leading charter operators, managing the operation and sales of yachts for charter of 250 sailing yachts in nine countries worldwide.

Most of the 102 new boats will be delivered for the 2018 season.