Baglietto’s new nautical season is starting under the best auspices. During a press conference at the Yacht Club de Monaco, the Italian boat builder presented its forthcoming plans and projects for the near future. Investments amounting to €12 million in operating facilities, human resources, and research & development are going to be made in the years up to 2020. Following the allocation of €20 million over the last 4 years for the construction of 2 new industrial sheds and the upgrading of the entire production facility to the highest construction standards, further works at the shipyard will involve the immediate construction of an over-3,600 sq m dock, with the possibility to cover it at a later stage, also adding an additional industrial shed for vessels up to 65 m long.
Significant investments have also been planned in product development. Cannes and Monaco yacht shows have marked a great success for Baglietto’s latest 46 m and 54 m yachts – the Baglietto 46 m Fast and the M/Y Unicorn – and a new line was introduced today to complete the product range of the historic brand, which could already boast a light aluminium alloy planing line and a steel and light aluminium alloy displacement line between 35 m and 65 m in length.
For the new product line, which will be in the market segment of vessels between 40 and 50 m, Baglietto asked two leading Italian design firms – Francesco Paszkowski Design and Hot Lab – to develop a new project concept. The new crafts will stand out for their contemporary profile and vertical bow, to respond to an increasingly widespread market demand. The project will include 3 different models, 41 m, 44 m, and 50 m long, each of them featuring very distinctive, unmistakable features. Initially, a semi-displacement, light aluminium alloy hull will be introduced, but a steel and light aluminium alloy displacement version is already being developed.
Baglietto General Manager Michele Gavino commented:
This new series is part of a far-reaching renovation process, which started off with the 46 m Fast and aims at bringing the ‘seagull brand’ closer and closer to market demands, while also preserving its strong personality and Baglietto’s unique style. We have asked two great designers to give shape to Baglietto’s future while never losing sight of the unbreakable bond with its history and its identity
The progenitor of this line is the Baglietto 44m.
Slender, rakish, contemporary lines characterise Francesco Paszkowski’s design style. For more than 20 years, Francesco Paszkowski has successfully pencilled Baglietto yachts, which now, while remaining faithful to the ‘seagull brand’ ’s unmistakable style, will stand out against other vessels thanks to their vertical bow.
Aft, the wide beach club will meet another increasingly frequent demand from the market. The spacious master cabin extends over the entire width of the main deck, while the guest area can be easily converted into a suite thanks to the adjoining modular walls. The approximately 100 sq m sun deck features a pool and a large sunbathing area.
A dynamic, but never aggressive, design for the Baglietto 44 m, pencilled by Hot Lab drawing inspiration from architecture, especially as regards the vertical structures and glazed surfaces and the ‘car design’ that characterizes all shapes. The most distinctive element on this yacht is the high, vertical bow, further emphasized by the slightly forward-tilted windshield located a little backward from the bow. At the other extreme, the stern features a large garage door which, when lowered, converts into a comfortable platform, giving access to the aft garage.
The full-beam master stateroom, located forward, gets plenty of natural light thanks to the large windows and a skylight obtained in the table of the outdoor lounge. A balcony can also be found forward, which can be reached via a beautiful glass door. Hull engineering on both projects has been carried out by Baglietto engineering department. Research and innovation were the guiding principles in the development of two different technological platforms. The light aluminium alloy model is expected to
reach a speed of 20/22 knots and a range of 4,000 miles, while in the steel hull version the draught has been limited to less than 7 feet in order to allow for cruising even at depths requiring a very shallow draught. A hybrid engine configuration will also be possible ensuring great usage flexibility and, in some cases, even zero-impact cruising. Both platforms will be within 500 GT.
Riva has expanded its Destinations collection with a new lounge at Hotel de Mar Gran Meliá in Mallorca, officially opened on May 15. The venue combines Riva’s signature yacht styling with the hotel’s Mediterranean hospitality, featuring mahogany, ribbed maple, and steel finishes alongside iconic Aquariva lamps and Aquarama chairs.The lounge includes an indoor dining area and a sea-view terrace, complemented by a private Riva Privée area. Guests can charter a Rivamare yacht for coastal exploration, sunset aperitifs, or private dining.Located on Mallorca’s Illetas coastline, Hotel de Mar – designed by architect José Antonio Coderch – joins Riva Destinations’ existing lounges in Venice, Monte Carlo, Paris, and Jeddah. The opening event was attended by local celebrities, officials, and high-profile guests.No further expansion plans for additional Riva Destinations were disclosed. The lounge is now operational for hotel guests and external visitors.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
May 16, 2025
Feadship has completed its first two transactions through its recently launched Feadship Resale service. The sales include the 75.75-meter ONE (2025), co-listed with Edmiston and sold via Burgess as buying broker, and the 83.50-meter Savannah (2015), also co-listed with Edmiston.SavannahThe Dutch shipyard established Feadship Resale in late 2024 to leverage its technical expertise and historical build data in the brokerage market. The division currently represents six Feadship-built yachts, including the newly added 57.60-meter W."For years, owners have asked us to help sell their yachts," said Arjen van Elk of Feadship Resale. "We always directed them to brokers, but now we can offer something far more comprehensive. We know the yachts inside out – we built them."ONEThe service operates exclusively upon owner request and maintains collaborative relationships with established brokerage firms. Feadship emphasizes its role as a technical consultant rather than a direct competitor to traditional brokers, offering build specifications, maintenance records, and engineering insights to facilitate transactions.SavannahMarket response has been immediate, with multiple owners approaching Feadship directly to list their vessels. The shipyard attributes this to client confidence in its institutional knowledge of Feadship-built yachts.ONEThe Resale team now focuses on expanding its portfolio while assisting prospective buyers and sellers. No financial details were disclosed regarding the completed transactions. Feadship confirms the service will remain exclusive to yachts built by the consortium, with no plans to represent third-party vessels.The division's launch reflects growing demand for technical transparency in the superyacht secondary market, particularly for complex vessels exceeding 50 meters. Feadship's move follows similar manufacturer-backed resale programs emerging in the luxury marine sector.SavannahWith ONE and Savannah sales finalized, Feadship Resale prepares to handle additional transactions through 2025. The shipyard reports strong interest from both repeat clients and new buyers seeking verified build quality and maintenance history.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
May 16, 2025
CL Yachts has revealed its new CLB65 SUV model, a 19.7-meter sport yacht set to make its global premiere at the 2025 Sanctuary Cove International Boat Show in Australia. The announcement comes as the brand's existing CLB65 model completes its tour of major boat shows across Asia-Pacific and North America.The SUV variant maintains the B-Series' functional elegance while introducing enhanced versatility for owner-operators. Power options include twin Caterpillar C18 or Volvo Penta D13 diesel engines, both capable of reaching 30 knots. The yacht features a ZF JMS boat control system for simplified docking and offers certification options between RINA Hull Construction and CE Category B Class standards.Designed by Hong Kong-based Supertomato Studio, the interior presents two décor schemes in walnut or white oak. The full-beam master stateroom incorporates dual hull-side windows and walnut finishes, while the VIP cabin includes a skylight. A convertible guest cabin adapts between twin and single bed configurations.Social areas emphasize fluid indoor-outdoor connectivity, with a flip-up window linking the galley to the aft deck's electric grill and bar seating. The salon features expansive glazing, a pop-up rotatable TV, and optional sunroof ventilation. A multifunctional stern area serves as either a beach club or fishing platform, with stabilization available via fins or gyro systems."Coming at the very peak of the yachting season, we are so excited to unveil our CLB65 SUV to the industry," stated CL Yachts. CL Yachts’ goal is to offer unparalleled experiences to the modern explorer. The luxury performance brand stands apart from its competitors thanks to its unique approach to design – driven by CL Yacht’s core value of innovation. Fusing progressive design with engineering prowess and state-of-the-art technology, every element of CL Yachts’ vessels are meticulously geared to steer luxury into uncharted territories.Credits: CL Yachts
May 16, 2025
Royal Huisman has commenced work on Project 412, an 80-meter-plus sailing yacht for a repeat client. The full-aluminum vessel will rank among the largest sailing yachts built by the Dutch shipyard when completed.The yacht features a carbon rig supplied by Rondal, designed for performance sailing and global circumnavigation. While exterior details remain confidential, the project continues Royal Huisman's specialization in large-scale sailing superyachts.Jan Timmerman, CEO of Royal Huisman, stated: "We are honored to embark on this new super-sized sailing yacht project for a returning owner. Project 412 promises a true sailing experience while offering a distinctive and sustainable alternative to large powerboats."The construction reinforces Royal Huisman's position in the XXL sailing yacht segment. No delivery date or additional specifications were disclosed. The yard currently has multiple large sailing projects in progress at its Netherlands facilities.Project 412 will join Royal Huisman's portfolio of custom sailing superyachts, which includes several of the world's largest sailing vessels. The commission demonstrates continued demand for performance-oriented sailing yachts in the 80-meter-plus range.Royal Huisman is a Dutch shipyard established in 1884 in Ronduite, building and refitting custom luxury sailing and motor yachts at its shipyard in Vollenhove, the Netherlands.Credits: Royal Huisman
May 15, 2025
Sanlorenzo S.p.A. announced its Q1 2025 financial results, reporting €213.5 million in net revenues from new yacht sales, a 9.6% year-over-year increase. The company's EBITDA rose to €37.0 million (+8.5% YoY), while net profit reached €21.2 million (+8.0% YoY).The Superyacht Division grew by 10.4%, and Nautor Swan contributed €23.8 million in revenues. Geographically, the Americas saw a 40.6% increase, while Europe grew by 8.6%. The company’s backlog stands at €1.2 billion, with 89% of orders sold to final clients and deliveries scheduled through 2028.EBITDA margin slightly decreased to 17.3% (from 17.5% in Q1 2024), attributed to the Nautor Swan acquisition. Excluding this effect, profitability would have improved. EBIT increased by 4.2% to €26.8 million, maintaining a 12.6% margin.Net financial position shifted to -€28.1 million due to seasonal working capital needs ahead of the Mediterranean delivery season (May-July). The company also repurchased €3.7 million in treasury shares and acquired 60% of AF Arturo Foresti S.r.l. for €0.7 million.Order intake in Q1 2025 reached €178.1 million (+5.9% YoY), reinforcing confidence in the Sanlorenzo, Bluegame, and Nautor Swan brands. The company confirmed its 2025 guidance, citing strong demand with waiting lists extending to 2028.Massimo Perotti, Chairman and CEO, stated: *"Our business model – unique in the international yachting landscape – continues to deliver excellent profitability and long-term visibility. We are reinforcing leadership in the 30 to 50-metre segment, supported by a sophisticated client base and semi-custom production."*Perotti noted that only 5% of revenues come from yachts under 30 meters, minimizing exposure to potential U.S. tariff risks. The company remains optimistic about sustainable growth and value creation.Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Sanlorenzo
May 15, 2025