Brokerage news

Lürssen has launched the 114-meter megayacht Cosmos, a hybrid vessel equipped with two 500 kW methanol fuel cells that enable emissions-free cruising for extended periods. The yacht, introduced as part of the company’s 150th anniversary, can travel up to 1,000 nautical miles on electricity alone and remain at anchor with zero emissions for up to 15 days.Commissioned by an undisclosed owner, Cosmos features an all-steel hull reinforced to Ice Class 1D, allowing navigation in polar waters as well as across all major oceans. Alongside its methanol-based hydrogen power system, the yacht is fitted with diesel generators, engines, and tanks to allow conventional propulsion for higher speeds.Designed inside and out by Marc Newson, the vessel has a beam of 18 metres (59 feet), a gross tonnage of 6,300, and spans six decks. The design incorporates extensive use of glass, including a custom-engineered glass-domed owner’s study offering 360-degree views, a surrounding sky terrace, and an observation lounge located beneath the helipad.Outdoor amenities include a main deck with a swimming pool, Jacuzzi, seating areas, and an aft dry dock for tender operations. The combination of ice-class construction, hybrid propulsion, and large-scale glazing represents Lürssen’s latest application of advanced engineering to meet evolving environmental and design goals.Credits: Lürssen

The 76.6-meter motor yacht Boadicea is now available for charter through Northrop & Johnson, with Mediterranean itineraries this summer followed by Caribbean and Bahamas deployments this winter. The 1999-built Amels flagship, designed by Terence Disdale, carries a weekly rate of EUR725,000 plus expenses.Recent refits have maintained Boadicea's competitive position in the charter market, including installation of a 12-seat cinema theater and exterior repainting. The yacht offers 2,191 GT of interior volume across five decks served by an elevator and spiral staircase.Accommodations include nine staterooms for 18 guests, featuring two master suites - one on the upper deck with private terrace and dual bathrooms, another forward on the main deck. Common areas comprise a walnut-paneled main salon, upper deck lounge with Roche Bobois furnishings, and multiple entertainment spaces.Outdoor amenities includes sundeck with 6-meter counter-current pool, bridge deck wellness area with gym and spa facilities, expanded beach club with inflatable sea pool platform, 13-meter Pirelli chase tender plus extensive toy selection.The yacht's recent updates preserve Disdale's original design while incorporating modern charter requirements. Boadicea remains one of the largest vessels available for private charter, offering rare volume in the 70+ meter segment.Northrop & Johnson will manage bookings for the 2024/2025 charter seasons, with the vessel currently positioned in the Mediterranean. The Amels-built superyacht joins the brokerage's portfolio of large-tonnage charter options.Damen Yachting, the yacht-building division of Damen Shipyards Group, employs approximately 500 professionals across its Amels, SeaXplorer, and Yacht Support vessel programs. No purchase price was disclosed for the new build.Credits: Northrop & Johnson

The 30.2-meter Royal Huisman sailing yacht Foftein has been listed for sale with Manfred Haas of Haas International at an asking price of €8,500,000 with VAT paid.Built in aluminium and delivered in 1999, Foftein was designed by German Frers as a cutter-rigged yacht intended for bluewater cruising. She has had only two owners since new, the first being a yachtsman and marine photographer. The yacht underwent a significant refit in 2020 by Huisfit, Royal Huisman’s refit division, which included the installation of hybrid propulsion and updated systems.The refit allows Foftein to cruise silently for up to eight hours, regenerate power under sail, and meet advanced environmental standards. Her propulsion is provided by Volvo Penta 550hp engines, complemented by lithium-ion energy storage.The interior, designed by Pieter Beeldsnijder, features cherry wood panelling and accommodates six guests in a master suite and two twin cabins, all with en suite bathrooms. Crew quarters provide space for four in two cabins.On deck, Foftein has two cockpits: a centre cockpit leading to the deckhouse, and a private aft cockpit connected directly to the master suite. Her sailing capabilities are supported by a modern fast hull, aluminium mast and spars, and semi-automated sail handling systems.Currently cruising in the English Channel, Foftein is presented in what the broker describes as “exceptional, turn-key” condition.Credits: Yacht Harbour Archive

Northrop & Johnson has facilitated the sale of the 54-meter Benetti motor yacht Starfire, represented by broker Carl Sputh. Built in 1997, the steel-and-aluminum vessel has undergone two major refits (2019 and 2023) that included mechanical updates and interior renovations.The yacht accommodates 14 guests across six staterooms with crew quarters for 14 personnel. Recent upgrades comprised a 12,000-hour engine service, new stabilization systems, updated technology infrastructure, and refreshed interior finishes. Starfire maintains Lloyd's classification certification following its most recent special survey.Performance specifications include a 12-knot cruising speed and 15-knot maximum speed with fuel consumption of 64 gallons per hour. The vessel's design emphasizes crew functionality with dedicated workspaces and separate lounge/dining areas.The Starfire transaction represents continued activity in the secondary market for well-maintained superyachts with recent refit histories. Northrop & Johnson's involvement underscores the brokerage's presence in the 50-60 meter segment. Both yachts demonstrate the enduring value of robust engineering and periodic upgrades in maintaining vessel competitiveness across decades of service.Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. Benetti designs, builds and sells composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. The fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom to meet all the needs of the market. Benetti belongs to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.Credits: Northrop & Johnson

The Italian Sea Group (TISG) has reported decreased financial performance for the first half of 2025, citing geopolitical tensions and economic uncertainty. Revenue declined 1.4% year-on-year to €186.8 million, while net profit fell 58% to €12.2 million, partly due to the absence of a capital gain from the 2024 Viareggio shipyard sale.CEO Giovanni Costantino attributed the results to "ongoing geopolitical and economic tensions," specifically noting U.S. protectionist policies as contributing factors. The company maintains an order backlog of €1.19 billion as of June 30, 2025, slightly down from €1.24 billion at year-end 2024.Key financial metrics include:EBITDA of €30.4 million (16.3% margin), down 6.3%EBIT of €25.6 million (13.7% margin), down 4.5%Net debt position of €63.2 millionThe group delivered four yachts during the period - three Admiral models (55m, 66m, 78m) and one 60m Perini Navi. Shipbuilding revenues increased 3% to €172.6 million, while refit revenues declined 52% to €10.9 million as the company prioritized new construction.TISG has revised full-year 2025 guidance, now projecting revenue between €350-370 million (down from €410-430 million) and EBITDA margin of 16.5-17.0% (previously 17.5-18.0%). The company secured €115 million in new long-term financing during the period to support operations.Upcoming projects include the debut of several flagship models at Monaco Yacht Show 2025, including the 72m Admiral Giorgio Armani and 60m Perini Navi sailing yacht. The group continues developing strategic partnerships with Armani and Lamborghini to strengthen its ultra-luxury positioning."Despite current challenges, we remain confident in our ability to finalize ongoing negotiations by year-end," stated Costantino. "Our design excellence and customized approach continue to differentiate our brands in the global market."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