Brokerage news

The Italian Sea Group will participate in the Cannes Yachting Festival from September 9-14, 2025, exhibiting vessels at both Vieux Port and Port Canto locations. The company's display will include the Picchiotti Gentleman 24 and Tecnomar for Lamborghini 63 models at the Super Yachts Extension 146 area.Gianmaria Costantino, Chief Commercial Officer of The Italian Sea Group, stated: "The Cannes Yachting Festival is a key strategic event for us – a unique opportunity to strengthen our presence in international markets and engage with owners, partners, and leading industry players."The 24-meter Picchiotti Gentleman features design by Luca Dini Design & Architecture, combining wooden superstructure elements with steel details. The model presents a contemporary interpretation of traditional yacht design elements.The Tecnomar for Lamborghini 63 represents a collaboration with Automobili Lamborghini, incorporating carbon fiber components and automotive-inspired design features. The yacht's design includes signature lighting elements and a cockpit configuration derived from automotive influences.The exhibition demonstrates The Italian Sea Group's continued focus on the luxury yacht market through its multiple brand portfolio. The company's participation aligns with its strategy of presenting distinct design philosophies across its product ranges.The Cannes Yachting Festival expects approximately 50,000 visitors and 500 exhibitors for its 2025 edition. The Italian Sea Group will maintain its exhibition space in the superyacht section of the event, which features vessels exceeding 24 meters in length.The company's presentation emphasizes its dual approach to yacht design, balancing traditional nautical aesthetics with automotive-inspired performance concepts. Both exhibited models represent current production offerings from the group's shipyards in Italy.The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credit: The Italian Sea Group

Finnish boat manufacturer Saxdor Yachts has reorganized its Adriatic distribution network, appointing Newera Yachting as regional dealer for Slovenia, Austria, Croatia, and Montenegro. The arrangement rebrands existing partner Vrtinc Navtika under the Newera Yachting identity with expanded territorial coverage.Montenegrin dealer BEN-KOV, representing Saxdor since 2022, will transition to sub-dealer status under Newera Yachting's regional management. The consolidation aims to standardize customer service and support operations across Adriatic markets.Jon Hautamäki, Sales Director at Saxdor Yachts, stated: "Newera Yachting has been instrumental in developing our presence in Central and Southeastern Europe. This consolidation reflects our trust in their team and their deep understanding of our brand and product philosophy."Newera Yachting Managing Director Boštjan Granda added: "We're proud to strengthen our partnership with Saxdor and take on a broader role in the Adriatic region. It's a brand we truly believe in: innovative, dynamic, and aligned with what our customers are looking for."The dealer restructuring forms part of Saxdor's global network optimization strategy, which now encompasses 150 locations across five continents. The Adriatic region represents a significant market for the builder due to established boating culture and expanding marina infrastructure.Newera Yachting will provide sales and service support for Saxdor's model range, which includes outboard and inboard powerboats from 6 to 12 meters length. The company's experience with Saxdor products positions it to implement standardized customer service protocols across the newly consolidated territory.Credits: Saxdor Yachts

The Azimut|Benetti Group forecasts €1.5 billion in revenue for the 2024/2025 nautical season, representing a 15% increase over previous results. The company's current order backlog totals €2.5 billion with production scheduled through 2029.Three strategic priorities guide the Group's operations: €115 million in infrastructure investments, expansion of product categories targeting both experienced and new-generation owners, and penetration of emerging markets. The company maintains geographically diversified orders with 38% from Europe, 31% from the Americas, and 31% from EMEA-APAC regions.Infrastructure developments include upgrades to the Avigliana production facility for yachts up to 28 meters, a Light Steel Hub for vessels under 45 meters, and a Composite Hub in Tuscany specializing in fiberglass and carbon fiber processing for megayachts. The Lusben refit division continues to expand its specialized service capabilities.Product innovation focuses on two primary segments: Azimut's Seadeck series emphasizing reduced environmental impact and the Grande series between 26-40 meters, alongside Benetti's Oasis and B.Yond families emphasizing connection with marine environments. The Group plans September introductions of new voyager-class yachts from Azimut and a new category combining motor yacht comfort with sailing inspirations from Benetti.Market expansion continues with new showrooms in Monaco adjacent to the Monaco Yacht Club and Fort Lauderdale's Pier Sixty-Six development. The Middle East represents the fastest-growing market, increasing from 23% to 31% of order portfolio, with Saudi Arabia generating over €300 million in sales during the past 24 months. New offices will open in Jeddah (Azimut) and Riyadh (Benetti).The Asia-Pacific region maintains established representation through direct offices and dealer networks across Japan, China, Australia, and Southeast Asian markets. Despite new import tariffs, the Americas remain a crucial market where the Group maintains leadership positions in multiple yacht categories.The Group's production infrastructure and order portfolio demonstrate continued resilience amid market fluctuations, with strategic investments targeting both operational efficiency and market expansion through fiscal year 2025/2026.Credits: Azimut|Benetti Group

Arcadia Yachts has launched the first unit of its A80new model from its Sorrento shipyard, with a third hull sold for delivery in 2026. The 23.98-meter yacht will make its official debut at the Cannes Yachting Festival 2025.The design addresses Mediterranean cruising regulations including Posidonia Oceanica protection measures. The widebody configuration provides interior volumes comparable to larger yachts while maintaining under-24-meter classification. The layout includes a main deck master suite with direct sea access and four lower deck guest cabins. Crew accommodations consist of two double cabins with separate bathrooms.Technical features include solar panel systems and optimized energy management components. A stern garage accommodates tenders up to 3.95 meters or water toys. The design emphasizes compliance with environmental regulations while maintaining cruising capabilities in protected marine areas.Arcadia Yachts CEO Ugo Pellegrino stated: "A80new confirms the evolution of our products, a process that began two years ago with A96new. We want to continue to play a leading role in the development of yachting that respects nature, including underwater nature."The sale of the third hull to existing Arcadia owners demonstrates continued market demand for the yard's approach to midsize yacht construction. The model will compete in the under-24-meter segment against offerings from other Mediterranean shipyards.The Cannes Yachting Festival presentation will mark the first public showing of the A80new, following the company's pattern of introducing new models at major European boat shows. Arcadia Yachts continues production at its Naples-area facility, maintaining its focus on solar-assisted yacht systems and compliance with evolving environmental regulations.Arcadia Yachts is based in Naples, Italy. Since 2008, Arcadia Yachts has been building semi-custom luxury composite yachts and has succeeded in perfectly integrating artisanal craftsmanship, modern technologies, attention to detail and to the surrounding environment. The Arcadia Yachts fleet has included two ranges since September 2016. The shipyard’s first and most characterizing range is the A range, which includes four models (A85, A85s, A105 and A115). The Sherpa range has a new model, the 24m Sherpa XL, which was launched at the 2019 Cannes Yachting Festival. The new model, A96, debuted at 2023 Cannes Yachting Festival.Credits: Arcadia Yachts

Feadship has become a member of the Nuclear Energy Maritime Organization (NEMO), an industry group focused on developing regulatory frameworks for floating nuclear power applications. The membership aligns with Feadship's energy transition strategy initiated in 2020.The shipyard's research and development program has included assessment of nuclear propulsion systems for superyachts, examining technical requirements and operational implications. Current barriers to adoption include unresolved regulatory issues regarding radiation safety, port access restrictions, and operational limitations in ecologically sensitive areas.Giedo Loeff, Feadship's Head of Innovation and Strategy, stated: "Joining NEMO aligns with our vision to explore every credible pathway toward a sustainable future. Nuclear power may not be tomorrow's solution for superyachts, but it could be part of the long-term horizon."Fourth-generation nuclear reactor technology has potential maritime applications including offshore power generation and zero-emission propulsion for large vessels. Feadship's participation in NEMO will focus on contributing to safety standards and operational guidelines for nuclear technologies at sea.Giedo LoeffThe company's energy transition roadmap has previously incorporated multi-fuel systems and fuel cell integration projects. Nuclear propulsion represents a potential long-term solution for carbon-neutral operations, though economic and crew training requirements present significant implementation challenges.Feadship's membership in NEMO reflects the superyacht industry's increasing engagement with alternative propulsion technologies. The organization brings together maritime stakeholders to address regulatory gaps for floating nuclear applications, with particular focus on safety protocols and international compliance standards.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship