January 17, 2020
Motor yacht Gitana sold
$ 14,950,000
Benetti | 40.23 m | 2017
back on market
$ 10,450,000
Christensen | 47.2 m | 1997
€ 3M price reduction
€ 21,000,000
Hakvoort | 49.99 m | 2006
back on market with IYC
€ 7,500,000
Overmarine | 39 m | 2009
back on market
€ 1,395,000
Bugari | 26.8 m | 2004
$ 1.1M price reduction
$ 11,400,000
Benetti | 44.19 m | 2009
January 15, 2020
Motor yacht Marila sold
€ 1,490,000
Ferretti | 27.03 m | 2004
new to market with SHH Maritime
€ 19,500,000
CMB | 47 m | 2020
back on market with Denison Yachting
$ 2,715,000
Arno | 30.98 m | 2007
back on market with IYC
$ 3,495,000
Pacific Mariner | 25.91 m | 2008
$ 300K price reduction
$ 5,950,000
Benetti | 36.6 m | 2008
€ 1M price reduction
€ 9,900,000
Penglai | 46 m | 2007
back on market with Engel & Völkers
€ 7,950,000
Perini Navi | 46.3 m | 1991
$ 550K price reduction
$ 5,950,000
Alloy Yachts | 33.8 m | 1999
January 13, 2020
Motor yacht Novastar sold
€ 4,950,000
Benetti | 28.35 m | 2015
€ 900K price reduction
€ 10,900,000
Benetti | 40.24 m | 2014
January 13, 2020
Motor yacht Moka sold
€ 11,900,000
Benetti | 44.2 m | 2011
back on market
€ 7,900,000
Royal Huisman | 40.68 m | 1997
new to market
€ 9,900,000
Sunseeker | 40.05 m | 2012
new to maerket
$ 7,995,000
Sanlorenzo | 32.2 m | 2017
$ 1.5M price reduction
$ 13,950,000
Westport | 39.65 m | 2009
new to market
€ 6,750,000
Circa Marine | 33.83 m | 2014
December 23, 2019
Motor yacht Sea Filly sold
$ 2,850,000
Westport | 31.39 m | 2000
December 23, 2019
Motor yacht Broadwater sold
$ 22,900,000
Feadship | 50.3 m | 2000


The Italian Sea Group Reports Strong First Quarter Growth
The Italian Sea Group S.p.A. (TISG), a global leader in luxury yachting, has announced impressive financial results for the first quarter of 2024, highlighting significant revenue growth and increased EBITDA. The Board of Directors has approved selected information showcasing a prosperous start to the year, reaffirming the company's strategic outlook and guidance for 2024 and beyond.TISG reported revenues of EUR 95.6 million, marking a notable increase of 12.2% compared to EUR 85.2 million in the first quarter of 2023. Shipbuilding revenues surged by 26.2%, driven by progress in ongoing projects and new contracts.EBITDA reached EUR 16.1 million, up by 16.6% from EUR 13.8 million in the same period last year. The EBITDA margin stood at 16.8%, reflecting improved operational efficiency and cost management.The total value of the Order Book reached EUR 1,344 million as of March 31st, 2024, underscoring a robust pipeline of projects. TISG currently has 35 projects under construction, including yachts and megayachts, with deliveries scheduled up to 2027.TISG invested EUR 2 million during the quarter, primarily directed towards enhancing production capacity and infrastructure at key facilities.The Net Financial Position stood at EUR -25 million, mainly attributed to the extension of the Marina di Carrara state concession. Despite this, TISG remains well-positioned for future growth initiatives.Giovanni Costantino, Founder & CEO of The Italian Sea Group, expressed pride in the company's performance and emphasized its development trajectory. He attributed the success to the increasing global demand for superyachts and the popularity of semi-custom lines, which optimize production capacity and enhance order book quality.TISG reaffirmed its 2024 guidance, with revenues projected between EUR 400 – 420 million and an EBITDA margin between 17 – 17.5%. Additionally, the company presented its 2025 Strategic Outlook, targeting revenues between EUR 430 – 450 million and an EBITDA margin between 18 – 18.5%.TISG continues to expand internationally through strategic partnerships and commercial agreements. The recent collaboration with Kitson Yachts as an Authorized Sales Agency in America reflects TISG's commitment to tapping into new markets and fostering growth opportunities.The company's success in the semi-custom segment, evidenced by recent sales, positions TISG for accelerated growth and increased market share. By leveraging its expanded production capacity and engineering expertise, TISG aims to cater to a broader clientele while maintaining its focus on delivering unparalleled luxury yachting experiences.The Italian Sea Group's strong performance in the first quarter of 2024 underscores its resilience and strategic vision in a competitive market landscape. With a robust order book, sound financial position, and strategic growth initiatives, TISG remains well-positioned for sustained success in the luxury yachting industry.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. Credits: The Italian Sea Group
Ferretti Group Unveils Modernized La Spezia Shipyard in Grand Ceremony
Ferretti Group celebrated a significant milestone today with the grand reopening of its extensively refurbished Riva shipyard in La Spezia. The event, attended by Chairman Tan Xuguang, CEO Alberto Galassi, local authorities, and a delegation from Weichai, Ferretti Group's longstanding shareholder, marks a new era for the shipyard.The revamped facility, now a pivotal industrial hub, employs over 750 workers daily, including 200 direct employees. Strategically located along the Ligurian and Tyrrhenian Seas, the shipyard has undergone substantial enhancements to both its production and management sections, as well as the lounge area designed to offer hospitality to yacht owners, captains, and crew.Spanning 64,000 square meters, the upgraded site features 33 berths along more than 400 meters of docks, four industrial sheds with 21 production stations, and two additional sheds dedicated to painting, totaling 1,000 square meters. Equipped with photovoltaic plants and bespoke spaces like the Riva Lounge, the production center focuses on seven Riva models ranging from 76 to 130 feet. When fully operational, the site will be capable of launching 30 boats annually, each up to 40 meters in length.Located in an area of Regional Interest, the La Spezia shipyard emphasizes environmental protection and sustainability. It holds Rina certifications according to ISO 14001:2015 and ISO 9001:2015 standards, underscoring Ferretti Group's commitment to high environmental and quality management standards.As part of the "Miglio Blu" (Blue Mile) project, the shipyard aims to promote local excellence in yachting while respecting the surrounding environment. This initiative highlights the region's rich maritime heritage and Ferretti Group's dedication to sustainable development.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
Nuvolari Lenard’s First Sub-500 GT S1 Superyacht Ready for Summer Launch from Mengi Yay
The renowned Venetian design studio Nuvolari Lenard is set to launch the first yacht in its new series, the 47-metre S1, from the Mengi Yay shipyard in Turkey. This groundbreaking superyacht, nearing completion, will be showcased at the Monaco Yacht Show in September, highlighting the exceptional design and craftsmanship that Nuvolari Lenard is known for.Nuvolari Lenard's S1 project represents a significant milestone, bringing the luxury and features of larger superyachts into a more compact and efficient package. The S1 is designed to be a sub-50-metre yacht that remains under 500 gross tonnage (GT), offering a unique combination of luxury, versatility, and practicality. This design allows for a 4,000-mile range, enabling the S1 to access more destinations and cruising grounds that larger yachts cannot.“The S1 opens up more destinations thanks to its 4,000-mile range while opening up more cruising grounds because of its more compact size,” says Carlo Nuvolari, Co-Founder of Nuvolari Lenard. “But it doesn’t achieve those through compromises – with more than three decades of expertise to draw on, we have managed to bring ideas from our much larger superyacht projects down to the S1, and as a result, she offers large exterior decks, side deck walkways that you’d expect to see on a much larger yacht, and showstopper features for a sub-50-metre such as a bridge deck owner suite and a giant sundeck.”The S1 boasts a bridge deck owner's suite with an aft-facing suite offering expansive views, a private terrace, and an ensuite with large windows. The main cabin opens onto the upper aft deck, creating a versatile space that can be enjoyed year-round. Guest accommodations include four double ensuite cabins on the lower deck, with two cabins that can be combined into an exceptional VIP suite. The yacht also features an elevator, a rare inclusion in this size bracket, making it accessible for all generations.Social areas on the S1 are equally impressive. The main deck features a private forward saloon with an open balcony overlooking the sea, ideal for relaxation, entertainment, or as a study. The beach club and large cockpit, equipped with a folding bulwark and retractable crane, provide ample space for sea-related activities and can accommodate a large tender or even a car.The sundeck is one of the largest in its category, offering three distinct areas: an aft sunbathing area, a central living area with a mini pool, and a bow-facing view. This deck is designed for all-day enjoyment and is serviced by an independent crew staircase to ensure privacy and quality service.“The S1 achieves all this without appearing cumbersome or bloated, testament to the genius of the Nuvolari Lenard team,” explains Dan Lenard, Designer and Co-Founder of Nuvolari Lenard. The design combines masculine and feminine elements, creating a sleek, elegant profile with serene interiors featuring wood and bronze accents.The S1's hull, designed by Van Oossanen naval architects, offers efficiency and comfort, while the engineering and systems are optimized for long-term cruising. The Mengi Yay shipyard has meticulously realized the construction, ensuring that every detail of Nuvolari Lenard’s design is executed to perfection.Hüseyin Mengi, Chairman of the Board at Mengi Yay shipyard, expressed his excitement: “It has been a privilege to realize the superb design of the S1 and all of Nuvolari Lenard’s details that make the S1 such a special project. As a family-owned yard with 60 years of experience building yachts, we are excited to be nearing completion of a superyacht that we are confident will stun when she appears at the Monaco show, as well as everywhere else she goes.”Credit: Nuvolari Lenard
Italian Premiere at the 2024 Venice Boat Show for the First Unit of the WiderCat 92
The much-anticipated Italian debut of the WiderCat 92 is set to dazzle visitors at the Venice Boat Show from May 29th to June 2nd, 2024. This premiere offers a sneak peek before its global unveiling at the Cannes Yachting Festival in September.Crafted by Wider, the WiderCat 92 signifies a new chapter under the leadership of Marcello Maggi, President of W-Fin Sarl, the holding company owning Wider's capital. A collaboration between Luca Dini Design and Centro Stile Wider, this 28-meter fiberglass catamaran redefines luxury with its seamless integration of exterior and interior spaces, blending aesthetics, functionality, and technological innovation.With two VIP cabins, one double guest cabin, and a sprawling owner's suite, the WiderCat 92 prioritizes comfort and space. Its standout feature is the serial hybrid propulsion system, showcasing cutting-edge technology and innovative design. The tender garage, transforming into a spacious aft beach, and folding bulkheads in the Beach Club optimize onboard space, elevating the sailing experience.Marcello Maggi expressed his satisfaction, emphasizing Wider's pioneering vision and construction expertise. The partnership with Applied underscores Wider's commitment to technological innovation, with Applied's Future Marine software suite enhancing onboard control and management.Following the debut, a web series produced with The Creative Brothers will delve into the genesis of the WiderCat 92. Venice holds special significance for Wider, as it is here that construction is underway on the Moonflower 72, a 72-meter superyacht developed in collaboration with Nauta Design.At the Venice Boat Show, visitors can explore Wider's collaboration with select Italian and international brands. Talenti furnishings and TooA gelato will take center stage, embodying craftsmanship and innovation. Customized versions of the Seabob F5S and SipaBoards Neo Silver Drive offer a glimpse into Wider's dedication to enhancing the onboard experience.Founded in 2010 and based in Ancona (Le Marche), Wider Yachts is an innovative Italian yacht builder shipbuilder specialized in electric and renewable energy-powered superyachts. Credits: Moowe/Wider Yachts
ISA Yachts Introduces New Viper Line with Collaborative Design Approach
ISA Yachts unveils its latest innovation: the Viper line. Building upon its legacy of excellence, the Viper series combines cutting-edge design, superior performance, and adaptable interiors to redefine cruising.In a significant departure, ISA Yachts has partnered with the esteemed Fulvio De Simoni studio for both exterior and interior design, marking a new era of collaboration. The Viper line debuts with three models - 100, 120, and 140 feet - each meticulously crafted from composite materials with carbon reinforcements.The inaugural project, the ISA Viper 120, sets sail with construction underway and delivery slated for 2026. Spanning 38 meters, the Viper 120 boasts a shallow draft of 1.5 meters, making it ideal for exploring coastal destinations like the Caribbean Sea. Powered by 3 MAN or MTU engines, the vessel achieves a maximum speed of 33 knots, with a comfortable cruising speed of 26 knots.Designed to optimize outdoor living, the Viper 120 features three distinct zones, with the cockpit as the focal point. The stern beach club offers a multifunctional 'transformer,' while side balconies enhance livability. The expansive outdoor table accommodates up to 8 guests, complemented by an integrated galley and bar area.Inside, the Viper 120 maximizes space and comfort, with floor-to-ceiling windows offering panoramic views. The salon is furnished with plush sofas and armchairs, while a combined bar-galley unit adds convenience. The owner's cabin, available amidships or in the bow, boasts luxurious amenities, including a walk-in closet.The sun deck, crowned with a carbon hardtop, offers a private retreat for guests, complete with sun pads, lounge areas, and a bar. Crew quarters, discreetly positioned near the galley, provide accommodation for four crew members and the captain.Dedicated to producing forward-thinking superyachts made only with superior quality materials, ISA Yachts is a leading global superyacht and megayacht builder. Every ISA superyacht is uniquely designed to her owner’s briefs, and is built using the highest technology, the best quality materials and the finest furnishings and finishes. Currently in build are two 80-meter projects due to become the new ISA Yachts flagships. ISA Yachts is part of Palumbo Superyachts, which also includes: Columbus Yachts, Mondomarine and Extra Yachts.Credits: ISA Yachts

New listings

Custom Line Navetta 42
Motor yacht
€ 22,500,000
Custom Line | 41.8 m | 2023
Motor yacht
€ 5,500,000
Azimut | 25.22 m | 2020
Motor yacht
€ 22,950,000
Benetti | 40.08 m | 2021
Project X
Motor yacht
€ 160,000,000
Golden Yachts | 87.6 m | 2022
Motor yacht
€ 3,350,000
Overmarine | 33.28 m | 2007