The 95-metre superyacht Indian Empress has been seized in Malta due to claims that its crew are owed more than $1 million in unpaid wages. The yacht was previously linked to liquor baron Vijay Mallya.
The yacht was abandoned by her owner in September 2017. Much of Mallya’s assets in India and elsewhere have been either seized or frozen as he faces charges of money laundering and defrauding a consortium of Indian banks.
Charles Boyle, director of legal services at Nautilus International, explained: “The superyacht sector is seen as one of glamour and glitz, but the sad reality is that crew members can experience exploitation and abuse and that is why Nautilus has become increasingly involved in such justice cases.”
Nautilus International has secured 615,000 dollars from the vessel’s insurers under the International Maritime Labour Convention, but there still is a large amount to be paid.
Indian Empress will now be held in Malta under a maritime lien until the remaining wages are paid.
The inaugural World Yachting Summit in Monaco convened over 200 participants from 20 countries, including industry leaders, regulators, and innovators, to address critical challenges facing the sector. Modeled after global forums like COP and Davos, the three-day event featured 19 panel sessions and 8 keynote talks focused on sustainability, modernization, and generational engagement.Keynote speaker Jean-Claude Biver, former CEO of Blancpain and Hublot, emphasized innovation through his "first, unique, different" philosophy, while Azimut Benetti's Giovanna Vitelli led discussions on practical sustainability measures. A SMART framework emerged from debates:Sustainable: Industry must transition from compliance to climate leadership, per DNV's Barbara Sanches and Energy Observer's Victorien Erussard.Modern: Calls for transparency in listings and standardized regulations for emerging destinations.Attractive: Shift needed from ostentation to purpose-driven experiences for younger demographics.Resourceful: Unified advocacy and economic impact storytelling urged, mirroring aviation sector models.Transformative: Early marine education and human-centric design identified as priorities.Albert Manzone of Société des Bains de Mer highlighted Monaco's stability as a blueprint for resilience. Closing sessions noted geopolitical and labor challenges, with cautious optimism about adapting to sustainability demands and experience-focused ownership models.The Summit was co-organized by M3 and OMNIYAT. M3 CEO José Marco Casellini stated: "WYS 2025 leaves a lasting impression... establishing itself as a driving force for innovation and strategic thinking about the future of yachting."A second edition is planned for 2026 to continue progress on these initiatives.Credits: World Yachting Summit
April 24, 2025
Sacs Tecnorib will exhibit four models at the Palma International Boat Show from April 30 to May 3. The display, organized with Mallorca distributor Swiss Yachting and Spanish dealer Helimotor, will feature the Pirelli Speedboats 30 and 35, along with the Strider 13 and Strider 11, at stand M-34 in Zone 1.Pirelli 30The Pirelli Speedboats line, designed by Ted Mannerfelt, will be represented by the 30 and 35 models, which emphasize performance and sporty aesthetics. Strider 11The Strider range, designed by Christian Grande, includes the 13-meter Strider 13, focused on comfort for extended cruising, and the more compact Strider 11, suited for day trips with functional living spaces.Pirelli 35The company's participation underscores its focus on expanding its Mediterranean presence with models that combine design, construction quality, and performance. The Palma show marks the beginning of the Mediterranean boating season.Sacs Tecnorib Spa was established in 2021 from the union between TecnoRib srl and Sacs srl. Sacs tecnorib spa is the official licensee of Pirelli brand inflatable boatsCredits: Sacs Tecnorib Spa
April 23, 2025
Alinghi Red Bull Racing has announced its withdrawal from the upcoming America’s Cup competition, citing financial and strategic reasons. The team, which was set to compete in the 37th edition of the prestigious sailing event, confirmed the decision in a statement released today.“After careful consideration and thorough analysis of our current situation, we have made the difficult decision to withdraw from the America’s Cup,” said team principal Bruno Troublé. “This was not an easy choice, but we believe it is the right one for the future of our organization.”The withdrawal comes as a significant blow to the America’s Cup, which was scheduled to take place in Barcelona later this year. Organizers have yet to comment on how the absence of Alinghi Red Bull Racing will impact the competition format and schedule.Alinghi Red Bull Racing has been a prominent participant in recent America’s Cup editions, most notably competing in the 36th edition held in Bermuda. The team has a history dating back to the original Alinghi squad that won the America’s Cup in 2003.“We want to thank all our supporters, partners, and the incredible team members who have been part of this journey,” Troublé added. “While we are leaving the America’s Cup, we remain committed to the sport of sailing and look forward to exploring new opportunities in the future.”The team’s departure leaves the field of competitors for the 37th America’s Cup reduced, with organizers now facing the challenge of potentially finding a replacement team or adjusting the competition format. The America’s Cup is known for its high-stakes, high-tech sailing competitions involving cutting-edge catamarans capable of speeds exceeding 50 knots.Details regarding the future of Alinghi Red Bull Racing’s assets, including their AC75 foiling catamaran, have not been disclosed. The team’s withdrawal adds to the uncertainty surrounding the America’s Cup, which has already faced challenges related to cost and complexity in recent years.Organizers of the America’s Cup are expected to provide further updates on how they plan to proceed with the competition in the coming days. The event remains one of the most prestigious and technically demanding regattas in the sailing world, attracting teams from around the globe.Credits: Alinghi Red Bull Racing
April 22, 2025
The Sunseeker 131 motor yacht ‘Best of Me’ has entered the luxury yacht market through Camper & Nicholsons. Built in 2014, the vessel has undergone a comprehensive refit in 2023, bringing it up to the latest standards of comfort and performance.The yacht measures 40 meters in length and features exterior design by Don Shead. The interior, spanning three decks, has been reconfigured during the recent refit to accommodate up to 12 guests across six staterooms. The master suite is located on the main deck, offering panoramic views and direct access to the aft deck.Key features include a spacious beach club area with a hydraulic swim platform, a large sundeck with alfresco dining facilities, and a fully equipped gym. The yacht is powered by twin Caterpillar engines, delivering a top speed of 30 knots and a cruising speed of 25 knots.The refit included upgrades to the vessel’s technical systems, including new generators, stabilization systems, and air conditioning units. The interior received new furnishings and finishes, with a focus on creating a contemporary, luxurious ambiance.“Best of Me presents an exceptional opportunity for those seeking a well-maintained, high-performance yacht with a proven pedigree,” said a spokesperson from Camper & Nicholsons. “The recent refit has ensured that the yacht meets the highest standards of comfort and performance expected from a vessel of this caliber.”The yacht is currently available for viewing in the Mediterranean and is offered for sale through Camper & Nicholsons, one of the world’s leading yacht brokers. The asking price and further details are available upon request through the brokerage firm.The vessel’s layout includes a master stateroom on the main deck, a VIP stateroom on the upper deck, four additional guest staterooms on the lower deck, crew quarters for up to 10 staff, multiple entertainment areas, and state-of-the-art audio-visual systems.The yacht is equipped with advanced navigation systems, including stabilizers at anchor and underway, ensuring comfort during both cruising and stationary periods. The exterior decks provide ample space for socializing and relaxing, with multiple seating areas and dining options both inside and outside.Best of Me is registered in the Cayman Islands and is compliant with all relevant international regulations and standards. The yacht is offered with a full inventory of water toys and tenders, making it ready for immediate enjoyment by its new owner.Credits: Camper & Nicholsons
April 22, 2025
Moonen Yachts has announced the sale of the Moonen 110 Mustique YN202, now named MIDNIGHT SAGA. The transaction was facilitated by Moonen’s Global Sales Representatives and IYC brokers Matthew Stone and Richard Gray, who represented both the buyer and the seller in the deal.The sale was concluded during the 2025 Palm Beach International Boat Show, where the yacht was showcased at the IYC display and available for private viewings. Currently located in Florida, the 34-meter yacht will soon transit to European waters for delivery to its new owner.The Moonen 110 Mustique features design work by René van der Velden and interior finishes by Studio Indigo based in London. The yacht offers accommodation for up to 10 guests, including a full-beam Owner’s Stateroom with 180-degree panoramic views. Additional features include spacious exterior decks for socializing and dining, a generous bridge deck, and an interior volume of 279 gross tons.The vessel boasts operational capabilities such as fuel efficiency, long-range cruising ability, shallow draft, and low acoustic impact. It also comes with Moonen’s comprehensive shipyard warranty.“We are thrilled to confirm the sale of YN202, the first hull in the Moonen 110 series,” said Nicky van Zon, Technical Director of Moonen Yachts. “As a long-range steel yacht built with Moonen Yachts’ renowned Dutch engineering and exceptional craftsmanship, MIDNIGHT SAGA is a truly remarkable vessel. We wish the new owner many years of serene and luxurious cruising.”Richard Gray, Head of Sales UK, added, “This sale marks a significant milestone for both IYC and Moonen Yachts. It’s always a privilege to guide a client through the purchase of such a meticulously built yacht, and even more rewarding when the entire process is managed in-house. This was a true team effort between IYC and the dedicated team at Moonen Yachts. We’re now looking forward to introducing the yacht to the charter market, with an exciting cruising itinerary that will perfectly showcase the quality and capabilities of a Moonen build.”Matthew Stone, Managing Partner, California, and IYC Sales Consultant, commented, “This sale reflects the strength of our collaborative approach and partnership with the Shipyard. The Moonen 110 is an exceptional platform, and the yacht’s new owner immediately recognized its unique capabilities and refined craftsmanship. We’re excited to support the new owner and the vessel’s global journey.”Credits: Moonen Yachts
April 22, 2025