Good morning ladies and gentlemen, and welcome to the Monaco Yacht Show. Thank you for this incredible turn out – I know how hard it can be to digest our latest news at this earliest of hours, so we have made sure the coffee is extra strong this morning! For those of you who do not recognize me, my name is Arthur Brouwer and I am CEO of Heesen.

It is a privilege to stand at the helm of our company which, in 2018, celebrates its 40TH anniversary. Just a few weeks ago we marked this milestone with a party at our shipyard in Oss for our employees and their families. It is lucky that we are in the process of expanding the shipyard – with 1,200 party guests we certainly needed the space!

Such a large turnout to that celebration really brought home to me just how far Heesen has come over the past 4 decades. I think back to those first steps in 1978, and remember that we had just 20 employees – and incredibly, 5 of those original 20 are still working with us today. They have certainly witnessed a lot of changes.Over the years, the company has grown just as the size of our yachts has grown. The very first Heesen, MY Amigo, was launched in 1979 and was “just” 20 metres. That seems small by today’s standards, but back then she was certainly considered a large yacht.

Today our largest yacht under construction, as you have just heard, is 80 metres. That’s a growth of nearly four times the length in four decades, or 20 metres every ten years. Of course, this growth has meant we have had to continually expand our facility, and today we have 8 sheds and 6 dry docks, totalling 22,000 m2 at our main shipyard - including an 85 metre dry dock we inaugurated in 2016. We also have a 6,500m2 interior workshop in Winterskwijk.

The key to all our success is the same now as it was right back in 1978 – the women and men who work passionately to craft our yachts. That original team of 20 has also grown considerably. We now have 450 fulltime employees and approximately 200 subcontractors. That means that on any given day there are around 650 people working on our premises. And they are being kept very busy. Earlier this year we sold 2 full custom yachts: the 60m Project Falcon and the 80m Project Cosmos – a combined total of 140 linear meters of yacht. Perhaps more impressively, their combined Gross Tonnage is 2,760 GT – which is 80 per cent of the entire gross tonnage of the six yachts we sold in 2017.

It means our company, once again, is expanding accordingly. We have recently completed the acquisition of a new property in Winterswijk to increase our interior facility there, and we are currently in an advanced phase of negotiations to acquire more land in Oss. As we are expanding, we are also actively looking for new people to join our highly skilled workforce, and we are training the next generation of craftsmen and yacht builders.

Recruiting and training skilled workers is just one of the challenges we face and embrace. Over the past 40 years we have seen the market change considerably. We have not only changed with the market, we have also made it our mission to influence and drive those market changes. Heesen began as a yard building full custom yachts on demand, and we remained a custom yacht builder for the first 20 years of our history. But at the turn of the millennium we were among the first shipyards to bring semicustom and platform superyachts to the market, with the idea of building on speculation. It proved to be a milestone decision, and today our commercial success continues to draw on this strategy of building both custom yachts and on-spec platform yachts.

Our current order book consists of 12 yachts under construction, with deliveries ranging from next year, all the way out to 2022. 5 of these are being built on spec. We live in a world of instant gratification, and not all clients are willing to wait 2.5 to 3 years to take possession of their yacht. Building on spec allows us to reduce the delivery time to clients. Of course, we also have to be aware of wider market conditions and in this sense the global economic outlook remains positive. However, substantial risks do exist and could threaten growth in the short and medium terms. Escalating trade conflicts and protectionism, the tightening of monetary policy, equity market corrections and global political strains are just a few of the factors that can play their part.

However, the number of the world’s wealthiest individuals continues to grow, not just in the billionaire bracket but also in the Ultra High Net Worth bracket – usually defined as those people who have a net worth of more than $30 million. Indeed, Knight Frank estimates that at the end of last year there were close to 130,000 of these UHNW individuals worldwide – a rise of 10 per cent over the course of 2017. 2017 was also a great year for Heesen with the sale of 6 yachts ranging from 47 to 55 metres, and with the 60 metre and 80 metre full custom yachts sold this year it is clear that we continue to enjoy a promising future. Perhaps that’s a result of the 40 years of experience we have amassed in the custom and semi-custom superyacht market, having now built and delivered more than 170 superyachts.

Either way, we are moving into the next 40 years of our history with a strong order book and a solid strategy, and we look forward to working with you all as we unveil exciting new projects and continue to grow our facilities in the coming months and years. Thank you all for coming, and enjoy the rest of the Monaco Yacht Show.

Latest News

Codecasa launches new 43m Vintage Series yacht
Italian builder Codecasa has launched their 43-metre Project 122, the latest superyacht in their Vintage series featuring a 43 meter hull. The yacht was initially launched in summer 2018 at the company’s Viareggio facility, and is to be delivered to her owner in May 2019, after sea trials.The yacht with a beam of 9 metres and a maximum draft of 2,6 metres attributes a steel hull and aluminium superstructure. Engined by two Caterpillar 3512C of 1,650 HP, she reaches her maximum speed at 16,5 knots. At the same time, with a comfortable cruising speed of 11 knots, she boasts a cruising range of 4,000 nautical miles thanks to her fuel capacity of 65,000 litres.Project 122’ interior design concept was developed by the Codecasa team. The concept implements a combination of elegance and modernity, with predominance of light and neutral colours applied to natural materials.The yacht’s accommodation capacity amounts to ten guests within 5 cabins, including the owner’s full-beam suite. The latter is located on the main deck, featuring two en-suites. As to the staff, there is accommodation space for up to 9 crew members on-board.In contrast to previous 42-metre versions, Project 122 boasts a Sun Deck Jacuzzi and a Captain’s Cabin situated on the upper deck. The yacht’s on-board tender storage holds a Zodiac rescue boat and a Castoldi 21 jet tender. Codecasa is planning to display the yacht at the upcoming Versilia Yachting Rendez-Vous, held in Viareggio in May. Meanwhile, the company's yard is busy constructing two more vessels, a 55-metre and a 65-metre projects to be finished later this year.
Mercedes to launch a new boat out of their collaboration series with Cigarette Racing Team
During the recent Miami International Boat Show 2019, a new product from the series of collaborations between Mercedes-AMG and Miami builder Cigarette Racing Team was released. This year’s model was inspired by Mercedes-AMG GT 63 S Coupe, featuring the same colour patterns and design motifs.This 12,5-metre racing boat has been christened 41 AMG Carbon Edition. One of her most significant features is carbon-fibre construction developed by Cigarette engineers in order to resonate with Mercedes model. It is evident, that Carbon fibre becomes a new trend among fast boats structure materials, for instance, as it is in the latest Pershing 8X. Still, the constructors claim, their new model is one of a few boats of that kind, where carbon is used as not complementary but major constructing material.Cigarette Racing Team’s president Skip Braver emphasises that from his point of view there are not so many differences between cars and boats. “Just as they did with the car, we lightened the boat without sacrificing performance. We modified the design by lowering the centre of gravity and used carbon fibre across the whole boat,” he said.The innovations introduced in hull construction enabled the builders to make the new boat 227 kg lighter than previous 50 Marauder AMG powerboat built in collaboration. 41 AMG Carbon Edition lays on sandwich construction with carbon-fiber structural layers around the boat’s lightweight hull. The deck and hardtop are also made of carbon fibre.Daimler AG and Cigarette work together on design concepts of all AMG boats. This year’s edition transmits the colour patterns of Mercedes saloon, easily recognisable in the boat cabin, with a prevalence of red and black. It is noticeable, that normally dark colours, especially black, are avoided in boat upholstery design, as they easily get hot in the sun. Within this boat, the dark colours can be used due to upholstery materials featuring cooling ability, that can decrease heat up to 30 percent.AMG 41 is equipped with Mercury Racing 400R engine of 1,600 horses. Thus, the boat is capable of reaching her maximum speed of 72 knots with 8 passengers on-board. Meanwhile, she cruises comfortably at around 55 knots with a maximum capacity of 20 passengers. Due to carbon materials used in the construction, a hull becomes firmer, lowering the boat’s flexibility and the “feeling of ship motions” even at the highest speed.Hull construction for such models normally takes about 8 months, including 2 months set aside for painting. Hand-stitched upholstering also takes more than a month. During the process, the project goes through multiple approval stages, so that it would finally satisfy both parties involved in the process.According to Braver, the two brands have already started working on their next joint project. “It feels like mutual admiration and when we hear them talking, it seems like they feel the same. It’s an honor to be partnering with them,” he concludes.
CRN and Nuvolari Lenard to build a 60m superyacht
Italian builder CRN has recently announced sale of their new project, a 60-metre superyacht with custom aluminium hull yet assigned to number 141. She is going to become the newest project produced from CRN’s partnership with Nuvolari & Lenard design studio, that has been lasting for more than 50 years.CRN Ancona facilityThe design of the model was developed by the yard’s technicians, while interior and exterior concepts were finalised by the studio. Thus, CRN Project 141 is conceived to feature advanced high-tech solutions and dynamic lines in design concept. The new vessel will be built at CRN’s Livorno facility. She is scheduled for delivery to the owner in 2023. Further details and renderings of the project will be released as soon as they become available.CRN Ancona facilityCRN, being a part of the Ferretti Group, specialises in design and construction of fully custom aluminium and steel yachts with LOA of up to 100 metres. The company’s Ancona facility, where all the CRN megayachts have been built, occupies almost 80,000 square metres. At the moment, the yard is busy building four fully custom CRN yachts, including recently sold 70-metre CRN 139 yacht devised by Vallicelli Design. At the same time, 18 custom line models of 30 to 42 metres in length, two 50-metre Riva and two Pershing 140 units are currently being constructed at the yard.
The fourth VSY superyacht: 64m Project 003 nears her delivery
Italian yacht builder Viareggio Super Yachts (VSY) has released new renderings of their 63,8-metre superyacht Project 003, currently being under construction at the company’s facility in Viareggio. The vessel sold in 2016 is now going through final constructing processes, while the delivery first planned for September 2018, has been rescheduled to the beginning of 2019.The yacht’s exterior design has been developed by Espin Oeino. With a beam of 11 metres and a draft of 3,15 metres, Project 003 features total 915 square metres of guest areas. Within that space, she offers accommodation to up to 12 guests, with the staff of up to 16 members on-board. There are six cabins, including the master suite with panoramic views and outdoor terraces.Interior design concept was commissioned to Darnet Design studio based in France. The design was inspired by the owner’s previous yacht, with the focus put on spacious rooms and warm colours, visible in leather panels and polished marble. Key interior motif is implemented in decorative steel and nickel panels resembling coral reefs, that will reflect the owner’s passion for scuba diving. Furthermore, Project 003 is equipped with on-board diving centre for 12 people at a lower deck. At the same time, the sundeck will be equipped with bar area, infinity pool and fire pit.Project 003 will be powered by a pair of 2,682 HP Caterpillar 3516B engines. Thus, she will reach her maximum speed at 17 knots, and cruise with a range of 5,000 nautical miles at 12 knots. The naval architecture by Laurent Giles studio is featured with bulbous bow, for better seakeeping under rough weather conditions.Although this yacht is named Project 003, it is in fact the fourth VSY superyacht. However, number 3 represents the conceived evolution of similar models Candyscape II and Roma. At the moment, the yard is also busy working with Siemens and Lloyd’s Register on hydrogen fuel cells technology for their 65-metre project Waterecho.
Zoza: 107m Benetti gigayacht launched
Italian shipyard’s ambitious superyacht project launched on February 5, 2019 at the company’s Livorno facility has been yet christened Project ZOZA. This 107-metre yacht with a displacement of more than 5,500 GT, and a 17-metre beam was reportedly thought over by the owner, an Australian billionaire James Packer, nine years ago. Photo: Instagram/@giorgio_casettaThe concept was developed in cooperation with Burgess Technical Services from the start on. Different designers were involved in the planning of exterior design concept that required a long process. Hugo van Wieringen from Azure Architectes and Reymond Langton Design, as well as Benetti’s designer Giorgio M. Cassetta had contributed to the project, while Zaniz Jakubowski from Zaniz Interiors finalised exterior and interior outlines of the yacht.The core idea of design concept was creation of see-through spaces, which would have given unhindered panoramic views from any part of the vessel. Significant amount of glass used in the construction and simplified structures serve that purpose on the vessel of steel hull and aluminium superstructure. Moreover, ZOZA’s six decks provide many alfresco zones in the sun or in shade. On the main deck, guests will find dining and lounging spaces, under the shelter of superstructure, while a private deck leading to the helicopter pad with a refuelling station, is located above. ZOZA operates on diesel-electric propulsion system with 2 Azipods and 2 massive bow thrusters. The propulsion package is based on the most modern technologies and allows vibration-free navigation in complete silence. The yacht can silently operate on her batteries for up to 12 hours without an engine running. The air conditioning system is something to be mentioned, too, as it is regarded one of the biggest fitted to a vessel of that kind, with cooling capacity of nearly 3,000 KW. In order to enable construction of superyachts of that size, Benetti have invested a lot in their yards recently, meaning the infrastructure, organizational, safety, and security matters. The company has added a two-shed expansion to their Livorno construction facility and have also set up the Giga Yacht Construction Programme attracting expert employers to the brand.