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About Ferretti
As the company was preparing for an initial public offering (IPO) after having been acquired in a leveraged buyout by Candover Investments which put the Group's value at €1.5 billion in 2007, the financial crisis led to a significant drop in sales. As a result, the Group had to restructure debt and its creditors, led by the Royal Bank of Scotland, converted a portion of their €1.2 billion debt into equity.
Ferretti Group was eventually sold to Weichai Group, a state-owned Chinese company, the largest maker of bulldozer's in China.
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Turkish yacht builder VisionF Yachts has launched the second hull of its 23.97-meter E-Cat 80 solar-electric catamaran series from its Tuzla shipyard. The carbon fiber vessel features design updates including an expanded solar array now producing 24.8 kW per hour through 62 panels, increased from the original configuration.The latest model incorporates several owner-requested modifications, adding a Jacuzzi on the flybridge and converting one of five guest cabins into dedicated children's quarters. The catamaran's 10.92-meter beam provides substantial interior volume, accommodating 12 guests and 4 crew members.Power comes from twin 180 kW Danfoss electric motors with bow and stern thrusters, enabling 6-8 knot cruising speeds under electric propulsion. The hybrid system combines solar charging with backup generators, offering over 1,000 nautical miles of extended range when required.Entertainment areas include multiple flybridge seating zones with cinema capabilities and massage chairs. The 15 square-meter tender garage features hydraulic launch systems for watercraft storage. Owners can select between open or enclosed flybridge configurations during the build process.VisionF's current production lineup includes seven catamaran models ranging from 14 to 36.5 meters, with the E-Cat series representing their fully electric offerings. The shipyard continues construction on additional units at its Istanbul facility, maintaining focus on sustainable marine technologies.VisionF Yachts in Turkey was set up by Coşkun Bayraktar in Istanbul in 2019, but despite the shipyard’s relative youth it is a brand that is going places in the power catamaran world. In November 2020, VisionF Yachts debuted its first vessel, the VisionF 80. Credits: VisionF Yachts
August 5, 2025
Nautor Swan has announced the ClubSwan 28 American Series, a new one-design racing circuit developed in partnership with American Magic. The eight-event schedule will commence in Pensacola, Florida in February 2026, concluding with a World Championship event.The 8.5-meter ClubSwan 28, designed with Juan Yacht Design, will serve as the series' platform boat. Terry Hutchinson of American Magic noted: "Nautor Swan has such a history of being a great boatbuilder. But with the new ClubSwan 28, they've evolved their timeless design into something that speaks directly to today's high-performance sailors."The racing calendar includes three winter events in Pensacola, followed by summer competitions in Newport, Rhode Island, and fall races returning to Florida. Federico Michetti, Nautor Swan's Head of Sport Activities, stated: "Our goal was to create a fun, fast, and safe entry point for sportsboat enthusiasts."Production of the ClubSwan 28 will occur in Pensacola through a collaboration between Nautor Swan and American Magic. Giovanni Pomati, Nautor Swan CEO, confirmed: "We'll base the fleet there, build boats there, and drive technical innovation."The initiative aims to combine professional racing with amateur participation while establishing Pensacola as a sailing development hub. Hutchinson added: "It's a platform for performance, growth, and a new chapter in U.S. sailing."The series represents Nautor Swan's continued expansion into competitive sailing markets, following the success of its larger ClubSwan racing yachts.Nautor Swan was founded in 1966 in Pietarsaari, Finland. The builder entered the superyacht market in 1999. Since then, the yard has continued building high-performance sailing yachts in three different lines; ClubSwan, Swan Yachts and Maxi Swan Yachts. Credits: Nautor Swan
August 5, 2025
Ferretti Group has launched the first Itama 54 unit from its new Marina di Ravenna production facility on July 11, 2025. The 16.44-meter open cruiser marks Itama's return to the 50-59 foot segment, featuring redesigned living spaces and improved onboard accessibility.Developed by the Ferretti Group Product Strategy Committee and Engineering Department, with design by Tommaso De Luca, the model introduces several functional innovations while maintaining Itama's signature styling. Key exterior features include a flush foredeck sunpad, extended side windows, and a starboard-side bow access point - a departure from previous models that improves circulation.The deck layout presents a dual-cockpit configuration: a main aft seating area with height-adjustable table and a forward wind-protected lounge. Both areas connect to a portside bar unit. The helm station incorporates a floating dashboard design. Below deck, accommodations include a forward master cabin, midship guest cabin, two bathrooms, galley and dinette.Power options include twin MAN i6-730 engines (730 HP) as standard, delivering 33-knot top speed, or optional MAN i6-850 engines (850 HP) for 37-knot maximum speed. The raked transom and revised hull lines contribute to the model's performance characteristics.The Ravenna-built Itama 54 represents the brand's contemporary interpretation of Mediterranean open cruiser concepts, emphasizing outdoor living and simplified deck circulation. Production continues at Ferretti Group's specialized facility for the Itama range.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.Credits: Ferretti Group
August 4, 2025
ISA Yachts has moved its new 37.7-meter Viper 130 into the outfitting phase at its Ancona shipyard. The planing yacht, designed to deliver high performance and spacious accommodations, is scheduled for delivery in 2026 to an American client introduced by Zarpo Yachts.The Viper 130 features exterior and interior design by Fulvio De Simoni, with naval engineering developed in-house by ISA Yachts. Powered by three 2,200 hp MAN engines, the yacht will achieve a top speed of 33 knots.The aft cockpit is divided into three distinct areas: a beach club at sea level with a transformer platform, a sunbathing and lounge area, and an outdoor dining space seating eight. Side balconies can be opened to expand the living area. The aft galley includes a retractable privacy glass and connects to a bar, serving both as a functional kitchen and an entertainment space.The main deck features a portside walkway leading to the salon, which includes floor-to-ceiling windows and a second bar. A circular pool with sunbeds and seating dominates the bow area. The helm station is positioned forward, with access to the lower deck housing four guest cabins and an owner’s suite with dual bathrooms.The sun deck, with a carbon fiber hardtop, includes a secondary helm station, sunbeds, an L-shaped bar, and a dining table for 12. Crew quarters for five are discreetly accessed via the galley. A 5-meter tender is stored in the starboard garage.The Viper 130’s design emphasizes open living spaces, with multiple indoor-outdoor connections and functional layouts tailored for both entertainment and privacy. The yacht is currently in the final stages of construction ahead of its 2026 delivery.Palumbo Superyachts took root in 2008, when the Columbus Yachts brand was established, and in 2011 it launched its first 54m superyacht, emblematically christened Prima (the First). Currently, Palumbo Superyachts comprises a representative office in Monaco and a logistics network of five shipyards in the Mediterranean (Ancona, Malta, Marseille, Naples, and Savona); it also operates the following brands: ISA Yachts, Columbus Yachts, Mondomarine and Palumbo SY Refit.Credits: ISA Yachts
August 4, 2025
Dutch yacht builder Zeelander Yachts has delivered Loloma, a fully customized 20.3-meter (66'7") version of its Zeelander 7 model to a globetrotting owner. The yacht's design was carefully coordinated to match the owner's superyacht, private jet, and helicopter.Loloma features several distinctive design elements, including a monochromatic silver-grey hull that eliminates the traditional waterline for enhanced visual connection to the sea. The yacht marks Zeelander's first use of brushed stainless steel finishes throughout, departing from the brand's typical polished stainless steel. Interior spaces showcase rare swamp oak paneling, formed when oak remains submerged for centuries, acquiring its distinctive grey-black coloration naturally.The owner specified a seamless synthetic teak deck without visible seams for a minimalist aesthetic. A permanent mesh bimini provides sun protection while maintaining open-air visibility. Performance comes from triple IPS 1350 engines delivering a 40-knot top speed, with a 2,700-nautical-mile range at 7 knots or 630 nautical miles at 32-knot cruising speed.Accommodations include a forward master suite with king-sized bed and two guest cabins, all benefiting from the yacht's generous volume. Crew quarters are positioned aft near the tender garage. The main salon features a folding table replicating one from the owner's private jet, seating eight guests.Sietse Koopmans, Zeelander founder, stated: "Thanks to the close involvement of her dedicated owner from drawing board sketches right through to delivery, Loloma is one of the most ambitious and tailor-made creations from our yard to date. Crafting a miniature superyacht which perfectly matches a mothership, jet and helicopter was certainly a unique challenge and one we truly relished."Loloma maintains Zeelander's signature quiet operation, with noise levels below 70 decibels at full speed. The yacht will begin an international itinerary including Mediterranean and Caribbean destinations before proceeding to Australia and Fiji, the latter being the namesake origin of "Loloma," meaning "love, kindness, and generosity."Zeelander's current model range spans from 15 to 24 meters (48' to 79'), with Loloma representing a highly customized example of the 20.3-meter Zeelander 7 platform. The delivery demonstrates the yard's capability to execute bespoke projects within its semi-production model structure.Zeelander Yachts was founded in 2002 in the Netherlands by Sietse Koopmans. The first model was unveiled to the public in 2008. The launch model Z44 received positive reviews at the Monaco Yacht Show and drew enormous crowds, despite being at an event dominated by much larger yachts. Within three years, the Z44 had been successfully introduced to the US as well as Europe, and it was an obvious direction to add a larger model to the fleet. The first Z55 was delivered in November 2015, and the flagship Z72 was launched in March 2019.Credit: Zeelander Yachts
August 4, 2025