Brokerage news

Westport Yachts has announced the launch of its latest model, the New 117 35m motor yacht. Currently in the midst of extensive sea trials, this stunning vessel is scheduled to ship to Florida in December, with an official debut planned for the 2025 Palm Beach International Boat Show.The New 117 signifies a remarkable achievement in Westport’s legacy of creating timeless yachts, showcasing a commitment to quality engineering and luxurious design. Built to the stringent standards of the American Bureau of Shipping (ABS), it carries the A1 Yachting Service AMS class notation as outlined in the ABS Guide for Building and Classing Yachts.This new model reflects Westport’s confidence in the growing demand for high-performance vessels. The yacht features a perfect blend of sophistication, style, and seaworthiness, promising an exquisite yachting experience for both owners and guests.Engineered for stellar performance, the Westport 117 boasts an innovative hull design that enhances its capabilities while integrating a state-of-the-art Selective Catalytic Reduction (SCR) System. This advanced technology underscores Westport’s commitment to environmental stewardship, significantly reducing emissions and fostering a cleaner, more sustainable yachting experience. “We are thrilled to announce the launch of this new model,” stated Daryl Wakefield, President of Westport Yachts. “Our goal at Westport is to exceed expectations with every yacht we create, and this vessel is no exception.”“As an industry leader, Westport Yachts continues to redefine luxury standards. The New 117 exemplifies our dedication to innovation, sustainability, and providing unmatched experiences for our esteemed clientele.”The largest builder in North America, Westport was founded in 1964. Westport Yachts has built and launched a wide variety of vessels, from commercial fishing boats and fast passenger ferries to luxurious motor yachts. Today Westport builds composite motor yachts.Credits: Westport

Sacs Tecnorib, a prominent leader in the Maxi-Rib sector and a significant figure in the Italian yachting market, is excited to announce a strategic partnership with NUO, an investment holding company backed by distinguished international families. This collaboration marks a crucial step in Sacs Tecnorib's journey of consolidation, expansion, and development.Since its formation in 2021 through the merger of Sacs and Tecnorib, the Group has seen remarkable success, reporting a production value exceeding €70 million in the last financial year, with more than 70% of its output directed to export markets. The company has achieved an impressive compound annual growth rate (CAGR) of 25% over the past three years, fueled by its growing international presence and a diversified product lineup that includes the Strider and Rebel ranges, as well as licensed Pirelli Speedboats.This partnership, built on a shared vision and fundamental values, seeks to amalgamate Sacs Tecnorib’s expertise with NUO’s resources, reinforcing the Group’s leadership within the European market. The collaboration will further facilitate the Group’s global strategy, particularly in the United States, and may open avenues for growth through the acquisition of complementary brands.As part of this agreement, which entails the sale of a minority stake by existing shareholders, Matteo Magni will maintain majority control of the company. The governance structure will remain stable, with founding partners Matteo Magni and Giovanni De Bonis continuing in their leadership roles. Magni will take on the position of CEO in addition to his current role as President.“We are excited to announce this partnership, which we believe will add substantial value and enhance our competitiveness globally,” stated Matteo Magni, President and CEO of Sacs Tecnorib. “This milestone is a testament to the passion and commitment we have invested in building a successful company, as illustrated by our ability to attract esteemed investors like NUO to join us on this journey. Together, we will seize new opportunities, bolster our innovation capabilities, and remain dedicated to delivering excellence to our customers while driving significant growth and steering the industry forward.”Tommaso Paoli, CEO of NUO, remarked: “We are privileged to partner with Matteo and Giovanni in this ambitious initiative to position Sacs Tecnorib as a global leader. This collaboration underscores our dedication to investing in companies with robust growth potential and visionary leadership. Matteo’s clarity of vision, determination, and cooperative spirit have truly impressed us. NUO will utilize its expertise and network to bolster the company’s international expansion, governance, and M&A activities, empowering the team to achieve their long-term goals.”The transaction was facilitated by Clearwater, serving as M&A advisor to SacsTecnorib. Legal negotiations were conducted with support from DLMS for Sacs Tecnorib and Chiomenti for NUO. Additional due diligence was carried out by EY (financial) and Gitti and Partners (tax).Sacs Tecnorib Spa was established in 2021 from the union between TecnoRib srl and Sacs srl. Sacs tecnorib spa is the official licensee of Pirelli brand inflatable boatsCredits: Sacs Tecnorib Spa

In celebration of its 30th anniversary, the prestigious Monegasque yachting brand Wally has launched the wallybeacon initiative, providing students with a unique opportunity to pitch their innovative ideas. The initiative culminated in a two-day event held on November 18-19 at H-FARM Campus, where 16 international teams competed for cash prizes in three different categories.The wallybeacon event kicked off earlier this autumn with a call for proposals that attracted over 80 students from renowned institutions, including Arsutoria School, Bocconi, H-FARM College, IED, International University of Monaco, and POLI.design. Wally challenged participants to develop ideas in three categories: personal goods, innovative living, and smart services and experiences. The first category focused on footwear, bags, and luggage; the second on multifunctional furniture and functional design objects; and the third on digital products and “phygital” experiences, merging the digital and physical realms.Following an initial selection process, 16 successful teams were each paired with mentors from Wally and strategic design firm MAIZE. They attended business training sessions, received product development support, and were guided through the process of crafting compelling pitch presentations. Participants were encouraged to conduct market surveys, develop business models, and create prototypes, all while emphasizing sustainability.The excitement surrounding the finals was palpable, with Wally Founder and Chief Designer Luca Bassani among the esteemed speakers, alongside notable figures such as Freediving World Champion Alessia Zecchini and International Beatbox Champion Azel. The event also featured ample networking opportunities, culminating in live pitches from the finalist teams.The following projects were honored during the event:3rd Prize (Smart Services and Experiences): WALLY INFINITY by Filippo Dainese, Riccardo Lovisetto, and Alberto Pupulin from H-FARM College, noted for its innovative blend of physical and digital experiences that aligns with Wally’s vision of client well-being.2nd Prize (Personal Goods): JUMP by Julia Baldini, Ugo Bompass, Matteo Bulla, and Matan Laron from Arsutoria School, recognized for its strategic approach to footwear, highlighting functionality and technology integration, particularly in the medical domain.1st Prize (Living Solutions): SAVA by Asia Paganessi, Valentina Panontin, Sofia Rossoni, and Aurora Zottarel from H-FARM College, celebrated for its innovative “space-free” organizing concept that bridges luxury and scalability in product and service offerings.Additionally, a special mention in the Smart Services and Experiences category was awarded to FOUR CORNERS CREW, created by Ksenia Kochineva, Nived Nair, Dhrumil Senghani, and Congyi Wang from Bocconi University.The wallybeacon event successfully showcased the creativity and potential of young innovators, establishing a vibrant platform for collaboration and inspiration. Moreover, it serves as a valuable opportunity for Wally to explore new avenues in design, aligning its brand legacy with the fresh perspectives of tomorrow's leaders. With a rich tradition of innovation recognized by two Compasso d’Oro awards, Wally is poised to expand its influence in new design territories.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credit: Ferretti Group

The Pershing GTX series continues to captivate boating enthusiasts with its latest addition, the Pershing GTX80, which redefines the essence of pleasure and exhilaration on the water. This stunning yacht exemplifies a seamless integration of interior and exterior spaces, creating a harmonious ambiance that promises an exceptional cruising adventure. As the new entry in the GTX series, the Pershing GTX80 embodies a groundbreaking approach to sports yachts, emphasizing on-board comfort and spaciousness while staying true to Pershing's heritage of high performance and sporty design.With an impressive overall length of nearly 24 meters and a beam of 5.8 meters, the GTX80 is the culmination of a collaborative effort by the Ferretti Group Product Strategy Committee, under the guidance of Piero Ferrari, Vallicelli Design, and the Group’s Engineering Department. The yacht, constructed at the Ferretti Group’s Plug and Mould facility, showcases a blend of advanced technology and artisanal craftsmanship, stretching across two decks and a sportbridge, all while accommodating up to eight guests in four exquisite cabins. The meticulous design focuses on proportion and balance, achieving a refined equilibrium between the hull and superstructure, resulting in a visually stunning sports motor yacht.Upon first glance, the exterior of the Pershing GTX80 makes a bold statement. The classic Pershing silhouette is enhanced by innovative design choices, particularly observed in its near-vertical bow and a graceful, slightly convex sheer-line. The lightweight bulwarks incorporate a longitudinal slot in the bow, while in the stern, they fulfill dual functions by housing winches and transforming into lateral terraces, enhancing contact with the water. The hull boasts elegant, flowing lines, combining the signature grey of Pershing with a deeper hue on the superstructure alongside polished carbon on the hardtop. This refined color palette speaks to the yacht's elegance and aesthetic allure.The main deck features a two-level layout optimized for water interaction and relaxation. A spacious beach area spanning 28 square meters at the lower level can be accessed through electrically operated lateral terraces. This area is strategically designed with a multifunctional stern platform that offers three operational positions: launching tenders, default mode, or an integrated extension with the side terraces for expansive leisure space. Additionally, a large transom locker provides easy access to water toys.A raised second level comprises a 14-square-meter cockpit, complete with a dining area that opens up to an indoor galley via electrically operating windows. This design enhances the flow between indoor and outdoor spaces, enabling the cockpit to also serve as an outdoor bar. A door featuring two sliding overlapping panels grants entry to the expansive 36-square-meter living area. The galley configuration offers flexibility, featuring ambient bar counters both inside and accessible from the cockpit.The design ethos reflects the dynamic nature of the Pershing GTX80, accentuating the onboard experience. Large panoramic windows surround the living area, enhancing the connection to the sea while allowing ample natural light to fill the space. Thoughtfully designed silk grey-colored wooden panels paired with innovative LED light installations create a vibrant atmosphere.Accessed via a starboard staircase, the lower deck can be customized for either four cabins with en suite bathrooms or a dinette alternative. The master suite, located midships, boasts a stunning interior characterized by sky-blue leather paneling and a beautifully coordinated lighting scheme that mirrors the elegance found throughout the yacht. Impressive features like metallic lacquered panels in the bathrooms highlight a sculptural aesthetic, while lighting design remains a focal point, reinforcing the GTX80's chic ambiance.Continuing the hallmark features found in earlier models like the GTX116, the sportbridge offers a 23-square-meter sun deck, significantly larger than comparable offerings in the category. The sleek arch-shaped deckhouse and optional carbon fabric hardtop enhance both aesthetics and performance. The expanded sunpad in the stern integrates with the dining area, while the exterior helm station is equipped for a functional yet stylish cruising experience.The Pershing GTX80 is powered by three 1,000 mhp Volvo Penta D13 IPS1350 engines, achieving preliminary top speeds of 34 knots and cruising speeds around 28 knots. Consistent with Pershing's commitment to innovation, this model incorporates cutting-edge technological enhancements including the Volvo IPS electro-hydraulic steering system, Humphree trim stabilizers, and optional Seakeeper gyroscopic stabilizers, while offering the convenience of joystick driving and assisted docking. The yacht is certified under CE Class A regulations, ensuring excellence in both performance and safety.The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally.Credit: Ferretti Group

Azimut has clinched a prestigious accolade at the Boat Builder Awards 2024, winning in the category of “Collaborative Solution between a Builder and its Supply Chain Partner,” in partnership with Volvo Penta.The awards ceremony, organized by IBI and METSTRADE, took place on Wednesday, 20 November, where the jury honored the innovative technology developed by Volvo Penta, which was first tested in collaboration with the R&D Department of the Azimut|Benetti Group.This groundbreaking project saw the introduction of the first hybrid-electric version of the Volvo Penta IPS Drive on the new Azimut Seadeck 7. This revolutionary hybrid-electric system enables the yacht to moor and navigate in fully electric mode at speeds of up to 11 knots, seamlessly transitioning between electric and thermal motors without requiring an onboard generator. The Hybrid Boost feature allows for powerful acceleration, while the energy recovery system enables regeneration while sailing, and fast charging mode offers quick battery recharges utilizing thermal engines. During anchorage, the onboard batteries can power all services for up to 12 hours, ensuring a serene and completely silent experience at sea. Additionally, the system supports access to zero-emission zones, fully aligning with environmental sustainability.Through this innovative hybrid-electric system and advanced naval architecture, Azimut's Seadeck 7 provides conscientious owners with a means to reduce emissions by up to 40%, showcasing the forefront of solutions available for decreasing fuel consumption and CO2 emissions.“We are honored to receive the Boat Builder Awards recognition,” stated Marco Valle, CEO of Azimut|Benetti Group. “By integrating the Volvo Penta hybrid-electric package into the Seadeck 7, we are at the forefront of hybridization for yachts in this segment, improving efficiency and ensuring smooth operation in yachting. This pioneering solution not only minimizes consumption and emissions but also enriches the onboard experience for our customers. We take pride in leading an evolution that will positively impact both our waters and our owners.”“We are thrilled to be recognized alongside Azimut for our shared commitment to advancing innovation and decarbonization in the marine industry,” remarked Johan Inden, President of the Marine Business at Volvo Penta. “Partnering with like-minded pioneers is crucial to redefining the future of boating. This collaboration showcases a winning combination of unique technology and state-of-the-art yacht design, aimed at enhancing efficiency, performance, and the overall boating experience.”Azimut Yachts is an Azimut Benetti Group brand. With its Atlantis, Magellano Flybridge, S, Verve and Grande collections, Azimut offers the widest range of 10 to 40 meters.Credits: Azimut Yachts