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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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Columbus Yachts presents the two new models of the Atlantique line from 37 to 55 meters. These projects embody Hot Lab’s “Architecture for Voyagers” design philosophy that prompted the immediate sale of the line progenitor: Columbus Atlantique 43 meters.The design is a combination of stylistic, planning and functional elements. The hull silhouette of the entire line recalls the sailing yachts of bygone days and the stern area, with its large panoramic swimming pool, is just 50 cm above water level.Atlantique 55 is the line’s flagship. With steel hull and aluminum superstructure, the yacht has a tonnage of 900 GT and a layout spread over four decks. The convivial area on the main deck aft has been designed to achieve maximum comfort thanks to the three levels of the cockpit sloping down to the sea and comprising: the large swimming pool, the living area with C-shaped sofa and coffee table and the bar area near the entrance to the main hall. The main deck is available in two layouts both with the owner cabin forward: the first version has a gym with a private balcony, whereas the second one has a fifth VIP cabin and a private balcony in the owner cabin. Below deck there are four double cabins with en-suite. The 13-member staff are accommodated in seven cabins. The second pool is on the sun deck, while tenders and jet skis are stowed in the forward garage.Atlantique 37 is compact (under 300GT) and combines sporty lines with refined interiors. Below deck, the layout includes four double cabins with en-suite, while the owner cabin is on the main deck forward. There are two dining areas, one outdoor on the main deck and the other one on the upper deck to cater for up to ten people.The first garage for the 4.45m tender is located on the right side while the forward hangar is to house a second 3.25m tender and the rescue boat.Thanks to 2 MAN 1400 hp engines, this superyacht can reach a maximum speed of 15 knots and a cruising speed of 13 knots.Palumbo Superyachts took root in 2008, when the Columbus Yachts brand was established, and in 2011 it launched its first 54 metre 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 ISA Yachts, Columbus Yachts, Mondomarine and Palumbo SY Refit.Credits: Palumbo Superyachts
August 3, 2021
The ‘pocket explorer’ Veronika was delivered by Bering Yachts after just 18 months of construction. The 23.99m B77 has been conceived as the perfect long-range voyager with enough power, supplies and entertainment for a family of intrepid travelers.Designed in-house by Bering, this steel-hulled yacht blends a classic exterior with the most up-to-date specifications. The three-decked Veronika can accommodate six guests and up to four crew, although she can also be sailed shorthanded. Veronika is equipped with twin Cummins Inc. QSM 11 diesel engines. She can reach a top speed of 11 knots and cruise at 8 knots. With a massive 170 GT of volume, she outperforms most other yacht brands below 24 meters. Veronika is now on her way to Australia, where she will explore the untouched nature.Bering Yachts is located in Antalya, Turkey. Its shipyard designs and builds semi-custom steel expedition yachts and luxury steel trawler yachts ranging in size from 50 to 145 feet. Credits: Bering Yachts
August 3, 2021