One of the key stories of the past year has been the acquisition of two superyachts by the state of Equatorial Guinea. The largest of the two was the 90-meter Ice, which in itself has a fascinating story. Commissioned by an Italian billionaire and delivered to a Russian oligarch, Ice was built with environmental friendliness in mind.
Ice's story starts under a different name - Air, which is what Augusto Perfetti dubbed her when he ordered her from Lurssen in Germany. A famous Italian candy manufacturer, Perfetti is mostly known as the owner of Mentos but also Chupa Chups. Forbes currently values him and his brother at a combined $7.2 billion.
As Perfetti had the yacht under construction at the shipyard, he was approached by Russian billionaire Suleyman Kerimov to acquire the yacht. According to media, the oligarch made him an offer he couldn't refuse and the yacht was sold prior to her delivery. Following the yacht's completion, she was christened as Ice. Meanwhile, Perfetti ordered himself another Air yacht at Feadship.
Out of the many alluring aspects that Ice features is her friendliness to the environment. In fact, the 90 meter yacht was the first to have Azipod drive units installed instead of shafted diesels that one would typically find onboard a motor yacht. A top priority in the construction of Ice was to lower emissions as well as all possible noise and vibration.
The result was a quiet yacht that could seamlessly cruise through the oceans. The choice of azipods allowed for a more flexible layout on the inside whilst electric generators made it possible to fit the engine room on a single deck and save space. Filters were installed on Ice to made sure that the exhaust gases passed through the eight steel pipes at the yacht's highest points were first filtered and unnoticeable.
Designed by Tim Heywood both outside and inside, Project Rainbow, as it was known during her build, features a contemporary style on the interior with an unmistakable style on the exterior. Stretching across Ice's full beam, the owner's stateroom forward of the main deck is located near to two VIP cabins on the same deck.
The aft of the main deck is dedicated to being a bathing area, with guests being able to both quickly access the sea through a spacious swimming platform as well as enjoy the water in a swimming pool aft of the deck. The rapid access from the pool into the sea is ensured through two staircases on either side of the yacht.
Whereas Heywood focused on the yacht's layout, it was Terence Disdale who created the interior style of the yacht. Coupled with a vast collection of modern art, Ice's interior is created in Zen minimalism. Creative furniture and fittings are further complemented by large windows that beam natural light deep into the 90 meter yacht.
Built for efficient performance, Ice can be controlled with a single joystick that connects the full bow thrusters and azipods, according to statements issued when the yacht was launched. During sea trials, the 90 meter yacht reached a top speed of 18.6 knots with nearly 100% clean exhausts. Burning 16 to 17 tonnes of fuel in 24 hours, she cruises at an average speed of 16 to 17 knots.
Amongst Ice's main amenities are a helipad aft of the third deck, a lounging area on the sundeck, a private space on the bow area of the yacht as well as tall windows throughout the yacht creating lots of volume in its salons and suites. With an interior volume of 2,870 tons, she stretches across a total beam of nearly 15 meters.
The most recent chapter in Ice's history came in 2015 as Kerimov sold the 90-meter yacht to son of the President of Equatorial Guinea according to a report by Le Monde. The French newspaper goes on to say that following the acquisition, Ice's new owner replaced Ice's helicopter with a new Eurocopter EC135. Earlier in 2014, the same group purchased the 78m Feadship, Ebony Shine.
As it was leaving the Netherlands after a refit, Ebony Shine was however seized in March 2017 by Dutch authorities as part of a case against the yacht's beneficial owner. According to Maritime Executive, the defendants then argued that the yacht could not be seized as it was technically a governmental vessel operated through Dara Limited, an offshore holding company controlled by Equatorial Guinea.
Ebony Shine
The 25th largest yacht in the world at the time of her delivery, Ice has since slipped to the 66th position in the world rankings as larger megayachts began being build. Her drive for clear exhausts, minimized vibration and noise have, however, inspired a drive across even smaller yachts for more efficiency and lower noise pollution.
Valued at $6.3 billion by Forbes, Suleyman Kerimov currently sits as the 21st richest man in Russia with his net worth having risen five fold in less than two years. Having made his wealth investing in distressed companies, Kerimov started his investing activity in 1992. Shortly prior to the 2008 crisis, he sold nearly all of his assets in Russia including a stake in Gazprom, a large real estate development project.
With loans from VTB bank, he bought a stake in Polyus Gold, Russia's largest gold mining outfit as well as in Rostelecom, a telecom company. He acquired Rybolovlev's stake in Uralkali, later reselling it to billionaires Prokhorov and Mazepin. Currently the primary owner of Polyus Gold, Kerimov represents the republic of Dagestan at the Russian Federation's council.
In 2017, Kerimov reportedly made a bid to acquire the 85-meter Solandge according to Russian media. According to their story, the offer was, however, turned down and the yacht ultimately sold to a different buyer from the Middle East. Designed by Espen Oeino, Solandge was also built by Lurssen, similarly to Ice.
Valued at $7.2 billion by Forbes, the Perfetti brothers are the owners of Perfetti Van Melle, a candy and gum manufacturing giant behind brands such as Mentos, Airheads and Chupa-Chups. Started by their father Ambrogio Perfetti together with his brother Egidio, the company was inspired by American soldiers who had brought gum from overseas. No longer involved in operations, the two brothers are considered to be the 7th richest family in Italy.
Following his sale of the 90-meter Lurssen, the Italian billionaire decided to build a yacht at Feadship in the Netherlands. This resulted in the 81-meter Air, which was delivered in 2011 and is currently available for charter from €700,000 per week.
Italian shipyard AB Yachts, part of Next Yacht Group, has unveiled the AB 110S, a sportier version of its AB 110 model. The 33.7-meter yacht marks AB Yachts' first collaboration with automotive design firm EXE Design, incorporating elements such as a raked windshield and lightweight profile."We also boast over 20 years of experience in naval architecture. [And] this cross-sector approach is the real added value of our work," said Stefano Bedoni of EXE Design.Key features include multiple retractable systems: a sliding cockpit cover, a sunroof between the helm and saloon, and a hardtop that can cover either the helm station or sunpad. The main deck integrates a sunbathing area and a bar serving both indoor and outdoor spaces. A forward "flying couch" provides elevated seating with panoramic views.Powered by three MAN V12X-2200 engines, the AB 110S reaches 48 knots. The engine room is fully soundproofed to minimize noise and vibrations. No pricing or delivery details were disclosed.Italian shipyard AB Yachts was founded in 1992. In 2001, AB Yachts was acquired by the Fipa Group. Today Next Yacht Group is the owner of the historic Maiora, AB Yachts, and CBI Navi brands. AB Yachts range consists of semi-displacement yachts from 17.70 to 42 meters.Credits: AB Yachts
June 26, 2025
Cantiere del Pardo has introduced the Grand Soleil 65 Performance, a performance-oriented evolution of its 20-meter sailing yacht series. Following the Long Cruise version, this model emphasizes speed and responsiveness while retaining onboard comfort. The yacht made its debut at the Palma International Boat Show in May.As part of the Plus Line for vessels over 18 meters, the 65 Performance involves owners in the customization process from initial design stages. Franco Corazza, project manager for the Plus Line, stated: "The 65-footer is the result of a totally Made-in-Italy design process that brings together a team of professionals representing Italian excellence in the yachting sector." Naval architecture was handled by Matteo Polli, structural design by Marco Lostuzzi, and layout by Nauta Design.Environmental considerations include sustainable teak, laminated glass insulation, linen-reinforced composites, water-based paints, and solar panels. The hull utilizes epoxy-infused biaxial fiberglass and carbon reinforcements, with construction processes meeting strict quality certifications.Matteo Polli's design adapts features from the larger Grand Soleil 72, including a V-shaped bow for reduced drag and improved light-wind performance. The sail plan positions the mast aft to maximize the foretriangle, with a self-tacking jib as standard for simplified handling. Underwater, an inverted T-keel and single rudder balance stability and maneuverability, offering draft options of 3.5 meters (standard), 3.0 meters (shallow), or telescopic configurations.Nauta Design optimized deck space and interior flow, lowering the saloon to align with cabin levels for improved continuity. The coachroof's tapered profile distinguishes it from the Long Cruise version's panoramic windows. Massimo Gino of Nauta Design noted: "Our challenge was to convey a sense of motion and energy while preserving comfort, functionality, and style."Interior materials are customizable, with owners selecting finishes from the shipyard’s portfolio. No pricing or delivery timelines were disclosed.Cantiere del Pardo was founded in 1973 in Italy. Pardo Yachts, the brand of Cantiere del Pardo dedicated to powerboats, was born in 2016. The first model, the Pardo 43, was launched in 2017. Grand Soleil was founded in 1973 and is famous for its yachts, which ensure performance for regattas, autonomous long-distance navigation, as well as a high level of sustainable consciousness.Credits: Grand Soleil Yachts
June 26, 2025
Denison Yachting has announced the availability of the fourth hull in the Conrad C144S series, priced at EUR32 million with a two-year delivery window. The vessel follows three previous models, including the award-winning Ace (hull 1), Extra Time (hull 2), and the upcoming Moonlight (hull 3), the latter two sold by Denison.Built by Conrad Shipyard in Gdańsk, Poland, the 44-meter C144S is a full-displacement superyacht with a steel hull and aluminum superstructure. The design features exterior styling by Reymond Langton Design and naval architecture by Diana Yacht Design, emphasizing seakeeping performance. The "S" designation refers to the straight bow, which increases interior volume while maintaining a streamlined profile.Interior options include the original M2 Atelier concept seen on earlier models or alternative designs, such as Nauta Design’s understated approach chosen for Moonlight. The yacht accommodates 10–12 guests across a full-beam owner’s suite and four VIP cabins, with crew quarters for nine.Key features include a sundeck with a hot tub, infinity pool, and outdoor cinema, along with a beach club featuring a wet bar and wellness area. Storage capacity includes a 7-meter tender, two jet skis, and multiple SeaBobs.With a transoceanic range exceeding 4,000 nautical miles, the C144S cruises at 11 knots (max 13.8 knots) and complies with IMO Tier III and Lloyd’s MCA LY3 standards."The C144S represents a proven platform with award-winning design and strong value in the 500GT segment," said Denison broker Alex Clarke. Delivery is scheduled for 2027.Conrad Shipyard is located in Gdansk, Poland and specializes in building steel, and aluminum luxury yachts ranging from 24 to 100 meters in length.Credits: Denison Yachting
June 26, 2025
The Italian Marine Industry Association will present the 65th Genoa International Boat Show at Expo 2025 Osaka on June 30, highlighting the Mediterranean’s largest boating event and the world’s third-largest boat show.The Japanese presentation serves as a strategic platform to reinforce the Genoa International Boat Show’s position as a global hub for promoting Italian marine manufacturing. The event is part of Liguria Week at the Italian Pavilion, aiming to demonstrate Italy’s leadership in the boating sector.The Italian boating industry achieved a record global turnover of €8.33 billion in 2023, marking a 13.6% increase from the previous year. Exports surpassed €4.3 billion, with Italy leading worldwide superyacht production (>24m) and inflatable boat manufacturing. The sector supports over 200,000 jobs with a 90% export rate.Organized by the Italian Marine Industry Association – Confindustria Nautica, the Genoa International Boat Show has maintained its status as a global reference point for the marine industry for 65 years. According to Nielsen analysis, the event generates between €65 and €70 million during its duration and attracts industry professionals from over 30 countries.Alessandro Gianneschi, Vice President of the Italian Marine Industry Association responsible for promoting Made in Italy production, commented: “With its presentation at Expo Osaka, the Genoa International Boat Show, organised by the Italian Marine Industry Association, continues in its role as an ambassador of the Made in Italy brand across the world and of the industrial value of the boating sector. For 65 editions, the Genoa International Boat Show has promoted and supported the boating industry, thanks to its specific nature as a supply chain event, designed and organised by the Italian Marine Industry Association, an Association of Companies for Companies, and has fostered such an exceptionally positive trend over the last twenty years, accompanying the sector’s businesses on a journey defined by growth and excellence.”The 2025 edition will take place from September 18-23 at the new Levante Waterfront venue designed by architect Renzo Piano. The 20,000 sqm event features five interconnected product areas: Yachts & Superyachts, Sailing World, Boating Discovery, Tech Trade, and Living the Sea. The venue’s unique design allows 85% outdoor space for sea trials and seamless visitor access.The show will also host the 4th World Yachting Sustainability Forum and the Design Innovation Award, recognizing creativity and technological excellence among new products.Credits: Confindustria Nautica
June 26, 2025
The centenary edition of the Royal Ocean Racing Club’s Rolex Fastnet Race is set to feature a fierce competition among the world’s fastest 100-foot maxi yachts vying for the prestigious Erivale Trophy for monohull line honours.The main contenders this year are Black Jack 100, owned by Ramon Vos, and SHK Scallywag, belonging to Seng Huang Lee. Black Jack 100, originally Alfa Romeo II, underwent a complete refit in Italy. Skipper/project manager Tristan le Brun noted: “We’ve done a full overhaul of all systems… We’ve replaced all the moving parts.” The yacht features a revised sail plan with a reduced mainsail and enlarged foretriangle.SHK Scallywag, formerly Ragamuffin 100, has a notable racing history. In the recent Rolex Middle Sea Race, it finished 18 minutes ahead of Black Jack 100. The yacht recently won the Loro Piana Giraglia.Another strong contender is Leopard 3, owned by Joost and Laura Schuijff. Long-term skipper Chris Sherlock reported: “We had a new rig and a new sail package and we reduced the weight of the boat by 10 tonnes.” The yacht is preparing for the event after winning the Rolex IMA Maxi 1 World Championship in Porto Cervo last year.The fleet also includes VO70 yachts, with Christian Zugel’s Tschüss 2 being a strong contender. The yacht, originally Groupama 70, has an impressive racing record, including victories in the Volvo Ocean Race, RORC Caribbean 600, and the Transatlantic Race.The current monohull race record stands at 2 days, 7 hours, 16 minutes, and 26 seconds, set by Charlie Dalin’s IMOCA MACIF in the previous edition. The race presents the unique opportunity for a yacht to achieve the ‘triple’ — winning line honours, IRC overall, and setting a new race record. The last to achieve the ‘double’ (line and IRC honours) was Ludde Ingvall’s Nicorette in 1995.The race, which covers 695 miles to Cherbourg, will test the yachts’ capabilities in various conditions, with the potential for record-breaking performances.Credits: Royal Ocean Racing Club
June 25, 2025