Brokerage news

Severe flooding has gripped Dubai, following an unprecedented deluge that unleashed the equivalent of a year and a half's worth of rainfall in just a few hours. The UAE and neighbouring Oman have already recorded 20 fatalities due to the flooding.Dubai, known for its arid climate, found itself inundated as flash floods wreaked havoc on its roads and highways. Videos circulating on social media captured the extent of the damage, particularly in Dubai Marina, where parts of the precinct were submerged under water, marked off with caution tape.<iframe width=560 height=315 src=https://www.youtube.com/embed/iZicaODYV9A?si=XNJnye89sulGLIp9 title=YouTube video player frameborder=0 allow=accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share referrerpolicy=strict-origin-when-cross-origin allowfullscreen></iframe>Efforts to assess the impact on Dubai Marina are underway, with MIN reaching out to the marina's operator for details on any damage incurred and its potential effects on yachts docked there. The full extent of infrastructure damage and the timeline for repairs remain uncertain.Dubai Airport, the world's busiest, was not spared from the flooding, prompting flight diversions and disruptions. Emirates, the flag carrier, halted passenger check-ins until midnight Thursday as runways became partially submerged, affecting airport operations.Authorities are grappling with the aftermath of what meteorologists have termed an "exceptional event." AP news agency reported a staggering 254mm of rainfall in a 24-hour period in one area, dwarfing the city's average annual rainfall of 95mm. Overall, Dubai recorded 142mm of rainfall on Tuesday, further underscoring the unprecedented nature of the downpour.Credits: The Times and The Sunday Times/YouTube

Sanlorenzo is set to grace the British Motor Yacht Show for the first time from May 16th to 19th, 2024. Attendees of the event, hosted at Swanwick Marina in Southampton, will have the exclusive opportunity to immerse themselves in the world of Sanlorenzo. From its cutting-edge design to its unparalleled craftsmanship and extensive customization options, visitors can explore the elegance and sophistication synonymous with the brand.SL90ASanlorenzo Yachts UK will showcase the magnificent Sanlorenzo SL90A, a 28-meter vessel that will also be the largest yacht on display at the four-day show. Nick Hatfield, Sales Manager at Sanlorenzo Yachts UK, expressed excitement about the debut, stating, "We’re delighted to be bringing one of our stunning Sanlorenzo yachts to the British Motor Yacht Show for the first time. It’s a fantastic opportunity to experience the true meaning of customization and understand Sanlorenzo’s ethos of innovative design, tailored to the requirements and desires of each individual owner."Designed by Bernardo Zuccon, the SL90A boasts an elegant and modern interior, featuring a harmonious blend of different wood, marble, and fabric textures. The innovative Asymmetric design, highlighted by the A in SL90A, elevates the yacht's interior volume, enhancing the main deck saloon's connection with the sea through expansive floor-to-ceiling windows.BG42Accommodating up to eight guests in four well-appointed staterooms, each with its own en-suite bathroom, the SL90A offers comfort and style ideal for family gatherings or entertaining friends.Crafted by Sanlorenzo Yacht at its Ameglia base in Italy, this class-leading yacht offers a timeless aesthetic while pushing the boundaries of conventional design.In addition to the SL90A, Sanlorenzo Yachts UK will also present the BG42 from Bluegame, a brand under the Sanlorenzo umbrella. Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: maa.agency; Yacht Harbour archive

Antonini Navi introduces the Sport Utility Yacht – SUY 135, a groundbreaking vessel conceived by Aldo Manna, Partner and Sales Director, along with designer Fulvio De Simoni. Moravia Yachts has been appointed as Central Agency. Hull number #1 is already in construction with delivery slated for 2026.As part of Antonini Navi's broader vision, the SUY 135 is a precursor to the SUY 190 and SUY 108, forming a comprehensive lineup of versatile superyachts designed to navigate deep waters while embracing luxury and environmental harmony.Currently under construction at the shipyard in Italy, the SUY 135 spans 44 meters in length and boasts approximately 480GT. This steel displacement motor yacht marks the debut of Antonini Navi's Sports Utility Yachts – SUY series.Designed by Fulvio de Simoni with naval architecture by Studio Arrabito, the SUY 135 seamlessly blends superyacht elegance with unparalleled world-cruising capabilities."The SUY offers limitless experiences, akin to an SUV in the automotive realm," remarks Aldo Manna. "It's designed to enable owners and guests to fully immerse themselves in yachting, equipped with toys, amenities, and tenders for a myriad of recreational activities."Alessandro Diomedi of Moravia Yachting expresses pride in representing Antonini Navi's SUY series, highlighting its innovation and voluminous capacity for water toys while prioritizing owner privacy and lifestyle.The SUY 135's flexible design allows for extensive internal and external customization, featuring a main and upper deck linked by a raised deck with five guest cabins. The owner's suite, spanning 56 square meters, resides on the main deck, offering luxurious seclusion.External spaces include a 40-square-meter veranda for al fresco dining and a 35-square-meter beach club with a transom hot tub. The sun deck boasts panoramic views, a second hot tub, and ample relaxation areas.Equipped with a transversal tender garage and achieving a range of 4,000 nautical miles at 10 knots cruising speed, the SUY 135 sets new standards in environmental consciousness.The Pertusola shipyard in the Gulf of La Spezia was bought by Walter Antonini in 1977. Since then, Antonini Navi has been a family-held leader in superyacht custom build and refitting.Credits: Antonini Navi

Lady A, the distinguished 55.2-meter motor yacht crafted by Nishii Zosen-Sterling, has found a new owner after just a year on the market. Simon Goldsworthy of Edmiston facilitated the sale, representing both the seller and the buyer in this transaction.Originally christened Southern Cross III, Lady A boasts a timeless design conceived by the renowned Jon Bannenberg and was meticulously constructed by Japanese shipyard Nishii Zosen-Sterling in 1986. Undergoing a significant transformation in 2017, the vessel underwent extensive refurbishments valued at over €12 million, including a complete interior overhaul, an expansion of the upper deck, and the installation of state-of-the-art Quantum zero-speed stabilizers.Lady A's upper aft deck has been elegantly extended to serve as the primary sunbathing area, featuring plush sofas, inviting armchairs, and a spacious alfresco dining spot accommodating up to 14 guests. Awnings can be swiftly erected by the crew to provide shelter from the sun.The interior layout is equally captivating, with the main lounge situated on the upper level, offering a relaxed ambiance with sliding glass doors, a raised reading nook, and a well-appointed bar. The vessel's unique design includes a split-level observation lounge boasting breathtaking 180-degree vistas.Ample accommodation is provided for up to 12 guests across six cabins, including a lavish owner's suite with a private office, three double guest cabins, a VIP guest cabin, and a twin guest cabin. The interior, masterfully refurbished by Design Unlimited, showcases walnut cabinetry, solid timber floors, and a soothing palette accented with mauve hues.Lady A is propelled by two rebuilt 3516B Caterpillar diesel engines, boasting a cruising speed of 13 knots. Currently located in Italy, the yacht was last listed at €7,900,000 with VAT paid.Credits: Yacht Harbour archive

In a remarkable display of innovation and engineering prowess, eD-TEC's groundbreaking eD 32 c-Ultra high-performance all-electric RIB has successfully completed its first sea trials after just nine months of intensive development. These trials, conducted in the Adriatic Sea near Punat, Croatia, mark a significant milestone in the advancement of electric boating technology.At the heart of the eD 32 c-Ultra lies eD-TEC's revolutionary Technology Stack, seamlessly integrated with twin plug-and-play eD-QDrive 200kW propulsion units, driving surface-piercing propellers. With a net battery capacity of 105kWh, this blank-sheet design sets new standards in the industry, delivering exceptional performance, stability, and manoeuvrability.During the trials, dubbed as an engineering feat, the eD 32 c-Ultra demonstrated remarkable capabilities, boasting a 25-knot cruise and an impressive range of over 40 nautical miles. These results underscore the vessel's potential to revolutionize the marine industry, offering an environmentally friendly alternative without compromising on performance.Michael Jost, founder of eD-TEC, expressed optimism about the vessel's future, stating, "We are thrilled with the initial performance of the eD 32 c-Ultra during its maiden sea trials. Preliminary estimates indicate a range of 20 to 40 nautical miles and a current cruising speed of 25 knots, with anticipated improvements to reach approximately 30 knots."Furthermore, the trials provided valuable insights into optimizing the vessel's efficiency and performance. Adaptive steering, inspired by automotive systems, and innovative hydrodynamic design elements were highlighted as areas for refinement to enhance stability and reduce power consumption.Looking ahead, eD-TEC remains committed to pushing the boundaries of electric boating technology. Plans for a two-week Booster Sprint, focused on software optimization and charging efficiency, aim to further enhance the vessel's capabilities.Philipp Lehr and Marc Jost, project leads for the eD 32 c-Ultra, expressed satisfaction with the trials, emphasizing the vessel's reliability and performance. "After approximately 500 kWh, we have encountered no system disruptions thus far, and all temperatures have remained within optimal ranges," they reported.As the eD 32 c-Ultra continues its journey towards commercialization, eD-TEC remains dedicated to pioneering sustainable solutions for the marine industry. With ambitious plans for future developments, including solar-centric off-grid solutions, the company is poised to revolutionize the concept of luxury shoreside living and on-water escapes.Indeed, the eD 32 c-Ultra represents not just a vessel but the beginning of a new era in electric boating, offering a glimpse into the future of sustainable marine transportation.Credits: eD-TEC