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Millennial superyacht owners are on the rise, reports Business Insider. They have already caused a shift in most industries, and the world of yachting is not an exception. In order to cater the younger generation needs, yacht brokers will have to adapt to their preferences and lifestyle, while those who stick to the traditional ways of yachting will be inevitably left behind. Image courtesy: Kuznetcov_Konstantin/Shutterstock via Business Insider#1. The yacht owners will get 10-15 years younger in the next 20 years.Of the top 100 billionaires worldwide, 20% are below age 50, while superyacht owners are 10 to 15 years younger compared to 20 years ago, according to a new research by shipyard Rossinavi and the International University of Monaco. Furthermore, they are expected to get even younger — within the next 20 years, the median age of superyacht owners will decrease from the 45 to 55 range to the 35 to 45 range, according to Business Insider.#2. The mindset is changing, with the trend towards chartering over ownership.This new group of superyacht owners views yachting as "an occasional pastime rather than an enduring passion," according to the Monaco Yacht Show media packet. Still developing their business interests, self-made millennials consider a yacht as only one component of their fast-moving lifestyle.Instead of materialistic attributes of luxury lifestyle, millennial superyacht owners prioritise adventure, water sports and exterior space. For them, life experiences take priority over material possessions.For Millennials, travel is no longer a planned venture to be prepared and booked well in advance. The younger crowd prefers the freedom of chartering as it allows them to jump from one yacht in Monaco to another in Santorini without being tied to a physical boat. It is definitely a different concept from the traditional two-week summer cruise.Erwin Bamps, CEO of Emirates-based shipyard Gulf Craft expresses his opinion as follows:We are going to see a time when the traditional idea of yacht ownership starts to follow the same path as car sharing services; more convenient than a traditional taxi, and a real alternative to owning a car. The same principle will easily apply to luxury yachts. Imagine a global, technology-driven service that delivers the yacht you want, at the location you want, at the time you want, and can arrange a private jet to fly you there.#3. The Millennials' different preferences may change yachting in terms of design and selling tactics.The way people consume superyachts has changed, also reflecting in yacht design. According to the MYS packet, formal dining rooms and salons will be less evident as yacht designers turn to gyms, spa, water sports and spaces that enable open-air socialising to accommodate millennials' desires.And those who custom order superyachts are no longer requesting offices on-board, according to Business Insider. They prefer to be able to relax during their yachting cruises instead.With this upcoming wave of superyacht owners preferring to charter, yachting companies will likely have to shift their tactics of yachts selling. Most likely, they will need to make contacts with potential buyers through social media for a more immediate, personal form of communication.However, in general, all the changes should be understood as an evolution rather than a drastic change. The MYS packet stated:According to the study, millennials are going to do things differently and the product will have to be re-packaged, but the yachts will not change that much and the ownership concept will not go away anytime soon. They will want their own product like the rest of us. Things change, but human nature stays the same.

Mondomarine shipyard, recently acquired by the Palumbo Group, has introduced a brand-new Classic line. The new line is conceived as a revisited version of the distinctive historic Mondomarine’ style.The Classic line models will initially range between 43, 50 and 63 metre, all with semi-displacement hull and low draft to access the most exclusive beaches and shallow waters, among others, the Caribbean.The first project out of the new line, the Classic 50 metres, will be developed by Luca Dini Design Studio, also entrusted by the yard for the new ‘Discovery' line.Luca Dini, for whom the 60-metre M/Y Sarastar delivered by Mondomarine in 2017 became a starting point, explains: Speaking of external lines, our target was an evolution, yes, but without distorting the original design of that boat characterised by a sporty and elegant footprint with a combination of corners and curves, sinuous shapes and angles that, far from being strident, was quite harmonious. In short, a creative review that, paradoxical as it may seem, translates into a Modern Classic.Remaining true to the distinctive Italian tradition, the new line bestows a contrast between sharp edges and sinuous lines, soft and pronounced curves, reaching an overall coherent and elegant look.Various aesthetic details and engravings have been added both to the hull and the superstructure, creating a play of light and shadows when in the sun. Those elements recall the typical design of classic Italian cars, as Luca Dini drew inspiration from the Ferrari and Lamborghini Gran Turismo models.The Classic 50 metres will offer accommodation for up to 10 people within four guest rooms on the lower deck and a spacious master suite with two private balconies on the main deck. The crew area is designed to house up to 10 people.Prior to financial difficulties, that lead to the company’s acquisition by Palumbo Superyachts, Mondomarine had been a significant player on the Italian yacht stage, delivering in excess of 30 yachts during a 25-year period. Some of the most recent ones have been the 60-meter Sarastar delivered in 2017 and the red-coloured 50m Ipanema launched in 2016.

Italian builder Cerri Cantieri Navali (CCN) has launch its latest superyacht, the 31.2-metre Vanadis at their facility in Avanza, Carrara. The fourth unit in the shipyard’s ‘Fuoriserie’ fully-custom line will go to a European owner.<blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/Bxg8bdnIaYL/" data-instgrm-version="12" style=" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);"><div style="padding:16px;"> <a href="https://www.instagram.com/p/Bxg8bdnIaYL/" style=" background:#FFFFFF; line-height:0; padding:0 0; text-align:center; text-decoration:none; width:100%;" target="_blank"> <div style=" display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"></div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style=" background-color: #F4F4F4; 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font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:550; line-height:18px;"> Посмотреть эту публикацию в Instagram</div></div><div style="padding: 12.5% 0;"></div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"><div> <div style="background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"></div> <div style="background-color: #F4F4F4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"></div> <div style="background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"></div></div><div style="margin-left: 8px;"> <div style=" background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"></div> <div style=" width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg)"></div></div><div style="margin-left: auto;"> <div style=" width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"></div> <div style=" background-color: #F4F4F4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"></div> <div style=" width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"></div></div></div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style=" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"></div> <div style=" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"></div></div></a><p style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;"><a href="https://www.instagram.com/p/Bxg8bdnIaYL/" style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;" target="_blank">Публикация от CCN - Cerri Cantieri Navali (@ccn_yachts)</a> <time style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;" datetime="2019-05-16T07:18:18+00:00">16 Май 2019 в 12:18 PDT</time></p></div></blockquote> <script async src="//www.instagram.com/embed.js"></script>Vanadis is named after a goddess from the Norse mythology, standing for war, death, love, beauty, fertility and gold. Described as 'truly European project’, the yacht features fully-aluminium construction, with both exteriors and interiors developed by Dutch studio Guido de Groot, along with naval architecture by the Dutch studio Ginton Naval Architects. Furthermore, the technical on-board solutions employ work by Siemens and Schottel. The yacht offers accommodation to up to six guests within a master suite and two guest doubles on the lower deck. The crew capacity on-board makes 4 people.The indoor areas of the main deck include a spacious salon furnished with a large L-shaped sofa, a dining area and an open galley behind the wheelhouse. Two comfortable lounge areas both forward and aft lay on the main deck, as well. On the flybridge, there is the second pilot station with sun loungers, a bar area and a dining area, designed for outdoor relaxation.Equipped with two Schottel STP 150 FP azimuth thrusters, the yacht is driven by a hybrid system. The system deploys traditional diesel engines along with an electric engine supplied by generators or batteries. That ensures low diesel consumption and limits environmental impact, as well as increases comfort on-board through reduced noise and vibrations both at anchor and while cruising. Furthermore, the yacht also comes equipped with both gyroscope- and fin- anti-rolling stabilising systems.The launch of Vanadis demonstrates the Italian boatbuilder's move towards building more environmentally efficient, lower consumption superyachts as the motor yacht is the first vessel in CCN's new 'E-Prop' line of hybrid propulsion crafts.CCN’s CEO Diego Michele Deprati explains:The Vanadis opens up a new era for CCN. We want to be pioneers in promoting a cultural revolution that we deem essential to truly respecting our planet.He highlights:Green technology' is the way ahead our shipyard has chosen for the future. The new “E-Prop” range has been born with a view to widening and deepening current research on innovative technological devices and solutions, with the final goal of safeguarding the Earth, which has now become an imperative.Thanks to her double CAT C9.3 B engines, Vanadis reaches the top speed at 12.5 knots and cruises at 8 knots under electric mode. She is also fitted with a set of AKASOL lithium-ion batteries (175 kWh), allowing her to remain at anchor at zero emissions for up to 17 hours in a row and to cruise at limited speed for up to 120 minutes, depending on the power load. The launch of Vanadis demonstrates the Italian builder's course towards more environmentally efficient, lower consumption superyachts, as Vanadis is the first vessel in CCN's new 'E-Prop' line of hybrid propulsion crafts.The general move towards eco-efficient yacht production has been recently on trend, for instance, with Dutch builder Feadship, opening new eco-friendly facility in Amsterdam or introducing new 65m concept Silence with plastic removal system on-board.

Oceanco’s sailing yacht Black Pearl and motor yacht DAR have won the highest honours at the World Superyacht Awards, 2019. Black Pearl took home the award for ‘Best Sailing Yacht of 60m and above’, while DAR won the ‘Best Displacement Motor Yacht of 2,000 GT and Above’. Furthermore, both yachts took home the coveted ‘Best Yacht of the Year’ awards.Marcel Onkenhout, CEO of Oceanco, comments: We are thankful to all of the team members and myriad individuals responsible for the execution of both of these yachts. Moreover, we are thankful for the trust given to us by the Owners of Black Pearl and DAR to build the extraordinary yachts that they envisioned.Launched in 2016, the Black Pearl holds the title of the largest sailing yacht in the world. Inspired by Perini Navi's 88-metre Maltese Falcon, the Black Pearl features similar structure with three rotating masts, while the yacht is capable of crossing the Atlantic burning just 20 litres of fuel thanks to alternative power sources. The Black PearlThe Black Pearl’s striking exterior was designed by Nuvolari Lenard and Ken Freivokh, while her praised naval architecture was developed by Dyksra Architects, who had also previously worked on Maltese Falcon.A combination of smart and elegant high-tech design and modernised state-of-the-art DynaRig sailing system makes the Black Pearl a unique vessel. Her hull outline is trademarked with an exclusive wave-piercing bow featuring not only graceful appearance, but also fuel efficiency.Another key element of Black Pearl's development was her solar sails, which can actually produce energy whilst the yacht is underway thanks to solar panels built within the fabric of the sail. DARThe 90-metre motoryacht DAR, with edgy exterior styling by DeBasto Design has an unprecedented exterior glass decoration of nearly 24 tons and nearly 400 square metres. Her detailed interior by Nuvolari Lenard works well with the exterior by taking advantage of the extraordinary floor-to-ceiling views from nearly everywhere on board. In addition to head-turning aesthetics and advanced technology, DAR is the first yacht to ever achieve the Lloyd’s Integrated Bridge System (IBS) notation.The World Superyacht Awards is held annually by Boat International Media. This year, it took place in the heart of London, in Old Billingsgate, with nearly 600 guests on hand for the dinner/ awards event. For other nominees, click here. This year’s winners list includes among others 71-metre Haida 1929 for the Best Refitted Yachts and 63-metre Rossinavi Utopia IV for Semi-Displacement or Planing Motor Yachts 40m and Above.

On May 16, 2019, Dutch builder Feadship opened officially its new eco-conscious superyacht facility in Amsterdam, with Queen Máxima of the Netherlands being the key figure of the ceremony. It is the builder’s second facility operated by Royal Van Lent, brought into operation after five years of planning, design and construction.Accommodating the general trend towards ever-larger superyachts, the facility was designed for construction and refit of Feadship superyachts of up to 160 metres in LOA. With its total volume of 425,000 cubic metres, the new facility measures 38 metres in height, allowing plenty of air above the yacht’s mast array.Feadship declares the new yard ‘the most eco-friendly superyacht yard in the world’ thanks to its eco credentials, namely energy efficiency, heating by local waste-to-energy sources and LED lighting. What is more, the main building roof is covered with over 2,000 solar panels, for generation of estimated 550,000 kWh of energy yearly.The Amsterdam site will become Feadship’s fourth facility and the second one to be operated by Royal Van Lent, along with the Kaag Island yard. The two premises will share the same management by LVMH Group and the workforce of 450. LVMH Group managing director, Antoni Belloni highlights: This new facility will allow Feadship to stay at the cutting edge of innovation and continue to build superyachts that will change history.Following the opening, Queen Máxima viewed nineteen classic yachts presented on the Feadship quay and met young graduates of the Feadship Academy.The yard's operation has already began earlier this year, with a 110-metre Feadship Anna undergoing refit works at the yard in Amsterdam, while 93-metre Lady S has become the first yacht completed at the newest facility. A couple of days prior to the opening, the latest Feadship unit, a 88-metre Project 816 was moved to the new facility for completion.