Latest News about Superyacht Technology – Page 37
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Cape Town welcomes famous superyacht for boat show weekend
South African maritime stakeholders have welcomed one of the world’s premier superyachts just days before the start of the Cape Town International Boat Show this coming weekend.
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First sale of direct drive diesel microturbine generator for superyacht
The rebuild of the 42.06m (138ft) classic superyacht Istros by Feadship in Makkum will include the installation of the first-ever direct-drive DC C65 diesel microturbine generator for marine use. The sale was made by Capstone Turbine Corp of the US through Seven Turbine Power BV, Capstone’s exclusive distributor for Belgium, ...
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Ferretti extends its IPO offer period
In view of the ongoing discussions with institutional investors, the Italian yachtbuilder Ferretti Group has extended the offer period for the pending listing of its shares on the Milan Stock Exchange
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Ferretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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Baglietto CEO joins SYBAss board
Michele Gavino, CEO of Italian superyacht builder Baglietto, was elected to the board of the Superyacht Builders Association (SYBAss) during its annual general assembly last month. The event was held at the Yacht Club de Monaco on the eve of the Monaco Yacht Show.
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Gulf Craft adds new 37m Majesty 120 to its superyacht range
Middle East yacht-builder Gulf Craft announced at the 2019 Monaco Yacht Show that a new 37m (121ft) tri-deck Majesty 120 has been added to its superyacht range. The new model was launched by Mohammed Hussein Alshaali, Culf Craft’s executive chairman.
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Imperial Yachts client contracts for 49m SY catamaran from Sunreef
A contract for a 49m (161ft) superyacht catamaran, which will be the largest superyacht to be built so far in Poland, has been placed with Sunreef Yachts by a client of Imperial Yachts. The order was announced at the Monaco Yacht Show and the craft is scheduled to be delivered ...
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YPI sold to Singapore investment group
Superyacht services provider YPI (Yachting Partners International) has been bought from the French commercial shipping brokerage house, BRS, by Mercantile & Maritime Investments (M&MI), the investment division of the Singapore-headquartered group, for an undisclosed price.
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Pendennis acquires Vilanova Grand Marina
Falmouth, UK-based superyacht builder and refit specialist Pendennis Shipyard is expanding its Mediterranean presence further with the purchase of a majority stake in Vilanova Grand Marina in Barcelona, Spain. The company was already associated with Vilanova, as it is developing a refit and repair centre at the Spanish facility. No ...
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Qatari royal family lose superyachts in massive blaze
Three superyachts, including an 80m Oceanco, believed to have been destroyed
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“World’s largest travel lift” given colourful official launch
What is said to be the world’s largest marine travel lift, the 1,120-tonne capacity named ‘Bessy’, was officially launched into service earlier this month at the BSE Maritime Solutions-Cairns Slipway shipyard in Cairns, Australia. The launch combined a dramatic mix of lights, fireworks and music.
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Turkish SY builder launches Virtus
Turkish superyacht yard Mengi Yay, located in Tuzla, Istanbul, has launched its new 44m project Virtus.
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Moonen Yachts under Australian ownership
Moonen Yachts, the Dutch superyacht builder that went bankrupt this summer, says Matthew and Louise Baxter of Australia are its new owners, replacing Mexican steel giant Altos Hornos de Mexico (AHMSA).
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UK-based law firm to open Monaco office
HFW, the UK-based international law firm, has announced that it is boosting its global yacht practice with the launch of a Monaco office. It will be staffed by a team led by partner Andrew Charlier, former global head of yachts at Ince & Co.
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Spate of yacht incidents sees fire, collision and death
Three events over the past week or so in Phuket, Cairns and Cannes involving two superyachts and a smaller craft have resulted in a major fire, a collision, and the death of a British superyacht crew.
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SY services firm anticipates ‘better than expected’ full-year results
After a challenging 2018, the Global Yachting Group (GYG) has issued a trading update that suggests the “positive momentum” experienced in the first half of 2019 will result in a “profit performance for the full financial year that will be ahead of current market expectations”.
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Dutch SY builder expands capacity, workforce to meet demand for bigger yachts
Dutch superyacht builder Heesen Yachts has grown its build capacity by 27% and is increasing its workforce to meet demand.
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Turkish yard unveils new business model
Turkish superyacht builder Naval Yachts has unveiled a new business model called ‘Completion Projects’.
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Benetti delivers 108m flagship
Benetti Yachts has announced the delivery of FB275, its new 180m flagship gigayacht. Featuring exterior design and décor by the UK’s RWD studio and interiors by Benetti’s in-house design team, it is the longest of three 100m-plus yachts built simultaneously by Benetti at its Italian facilities in Livorno.
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Italian SY builder enters refit market
Italy’s Rosetti Superyachts (RSY) is currently engaged in building a 38m (118ft) expedition yacht, which is set for delivery in 2020 in line with the owner’s request. The company, a division of the Rosetti Marino Group, also plans to enter the superyacht refit market, making use of its 180m (591ft) ...