Classic Feadship True North Listed for $7M After Price Reduction

The Italian Sea Group secured two awards at the 2025 International Yacht & Aviation Awards in Monte Carlo. The 66-meter Admiral JAS won in the "Motoryacht over 60 meters" category, while the 78-meter Admiral Platinum claimed victory in the "Motoryacht over 70 meters" division."We are proud that two of our most recent creations have received such prestigious recognition," said Gianmaria Costantino, CCO of The Italian Sea Group. "This highlights our commitment to excellence and innovation."The Admiral JAS, designed in collaboration with Mark Berryman, represents the semi-custom ADM 66 series with four units sold. Brad Whiteman of Qudra Yachts served as owner's representative during construction. The yacht features integrated indoor-outdoor spaces developed by MB Architects.The flagship Admiral Platinum, a full-custom project, features exterior design by Lobanov Design and interiors by Sinot Yacht Architecture & Design. Magnitude Yachts oversaw construction as owner's representatives.Both yachts were recognized for their construction quality and design execution. The awards ceremony took place June 6 at Hôtel de Paris, Monaco, during the 16th edition of the Design et Al competition.The Italian Sea Group currently operates production facilities in Marina di Carrara, with both awarded yachts delivered within the past 12 months. The company maintains active construction projects across its Admiral and Tecnomar brands.The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motor yachts and sailing yachts up to 140 meters. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands Admiral, renown for elegant and prestigious yachts, Tecnomar, Perini Navi, and Picchiotti; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 meters. Credit: The Italian Sea Group

Ferretti Group has launched the 100th unit of its Riva Rivamare 38 model during a ceremony in Sarnico attended by Chairman Jiang Kui and representatives of majority shareholder Weichai. The event precedes the unveiling of a special limited series scheduled for June 27.The 11.6-meter Rivamare remains one of Riva's most successful models since its introduction. The milestone launch coincides with Ferretti Group reporting a record order book of €1.7 billion for early 2025."This magnificent day celebrates the huge success for Riva and Ferretti Group as a whole," said Jiang Kui. "We are confident that Ferretti will maintain this sustainable growth and continue to create value for all stakeholders."Ferretti Group CEO Alberto Galassi noted the company's upcoming product launches: "At the end of the month, we will unveil three new Riva models, confirming our drive to strengthen leadership in beauty and innovation." The Rivamare's continued production demonstrates Riva's ability to maintain demand for classic designs while introducing new models.The ceremony recognized the Sarnico shipyard workforce responsible for building all 100 Rivamare units. The model's success contributes to Ferretti Group's portfolio of seven yacht brands, which collectively delivered 49 vessels in 2024.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

Northrop & Johnson has announced the launch of Ocean Angel, the second 40-meter explorer yacht in Ocean King's DOGE 400 series. The vessel has commenced sea trials and is scheduled for delivery ahead of its debut at the 2025 Monaco Yacht Show.Designed by aLOT with interiors by Burdissocapponi Yachts & Design, Ocean Angel features a commercial-grade steel hull and aluminum superstructure. The yacht is powered by twin Caterpillar engines that deliver a top speed of 15 knots and a cruising speed of 13 knots, with a transoceanic range of 4,000 nautical miles.Accommodation includes five guest suites for 10 passengers and crew quarters for seven. Notable features include a beach club with sauna and hammam, a concealed 1.2-ton telescopic tender crane capable of launching a 6.25-meter tender, and fold-down sea terraces. The interior design emphasizes natural light through full-height windows and seamless indoor-outdoor connectivity."Ocean Angel demonstrates our commitment to building capable explorer yachts with customized interiors," said an Ocean King representative. The yacht's commercial-grade construction enables extended autonomous operation in remote cruising areas.Following sea trials, the yacht will undergo final outfitting before delivery to its owner. The first DOGE 400 series yacht was delivered earlier this year, with both units sharing the same rugged exploration capabilities paired with refined interior spaces.Credits: Northrop & Johnson

The Amels 60 Memories has departed from Damen Yachting’s main build facility in Vlissingen following its final delivery to the new Owner. The yacht was officially named during a private ceremony held at the Dutch shipyard, attended by the Owner’s team and crew.The exterior design of Memories was created by Espen Øino International, featuring the signature geometric windows and enhancements typical of recent Amels deliveries. Notably, Memories is the first Amels 60 to feature custom interiors by Harrison Eidsgaard, marking a new collaboration for the shipyard.The Owner, introduced by Moran Yacht & Ship, joined the project just six months prior to delivery. Despite the late entry, the Owner was able to implement several customizations, including modifications to the Beach Club, Owner’s areas, and Sun Deck, where a large sofa with a ceiling-mounted TV replaced the original dining table and bar. The Bridge Deck Aft was transformed into an on-deck cinema setup from its original lounge configuration.Joppe Osté, Project Manager for Amels 60 Memories, commented: “When the Owner stepped in, we were already at an advanced stage of construction. The advantage of this was that the new Owner was able to make decisions quickly and take possession of it before the start of summer. Until the buyer steps in, we design the yacht for all potential clients. The sales, design, and proposal teams are all involved. That is a major advantage. The custom interiors by Harrison Eidsgaard appealed to her new Owner, which allowed us to stay on schedule and move forward according plan.”The interior design by Harrison Eidsgaard features a contemporary beach house luxury style with natural materials and refined detailing. A notable feature is the spiral staircase with illuminated handrail. Ben Harrison of Harrison Eidsgaard stated: “It has been an absolute delight working on this superyacht and a great collaboration with all partners involved. MEMORIES is our first Amels Limited Editions interior and brings a new look and feel to this successful 60-metre design.”Memories is expected to follow a busy charter schedule, with private use by the Owner also anticipated. The yacht will be available for charter through Moran Yacht & Ship, with its first destination being Ibiza.The next Amels 60 is already under construction and scheduled for delivery in Autumn 2025.The Amels 60 Memories features the following specifications: length of 60 metres, gross tonnage of 853 GT, accommodation for 12 guests and 12 crew plus Captain. The yacht boasts interior design by Harrison Eidsgaard, exterior design by Espen Øino International, and naval architecture by Damen Yachting.Credit: Damen Yachting

Northrop & Johnson has announced a significant price reduction on the 43.6m Feadship True North, now listed at $6,995,000. The yacht is represented by brokers Kevin Merrigan and Kristen Klein and is actively for sale, presenting a notable opportunity in the current market.Originally built in 1987 at the Van Lent shipyard under the name Fiffanella, True North underwent a comprehensive refit in 2021. The current owner invested approximately $4 million in capital improvements, which included a full exterior paint job, major upgrades to the air conditioning, electrical, and navigation systems, as well as a new Headhunter sanitation system. The vessel has completed its Bureau Veritas 35-year survey and is in turnkey condition, ready for immediate use.The yacht features accommodation for up to 16 guests across five staterooms. The main deck includes a full-beam master suite with his-and-her ensuites. The interior refit in 2021 introduced updated headliners and wall coverings, blending modern amenities with the yacht’s original character. The lower deck staterooms are flexible and suitable for families or groups, each with private en-suite facilities.Outdoor spaces include a large sundeck equipped with a Jacuzzi, swim-up bar, and lounging areas. The covered aft deck is ideal for dining and relaxation, while the swim platform provides convenient water access. The vessel is powered by twin CAT 3508 DI-TA engines, offering a cruising range of 4,000 nautical miles at 11 knots. True North is U.S. Duty Paid.True North represents a significant offering in the classic yacht segment, combining historical pedigree with modern upgrades and is now positioned as a competitive option in the market.Credit: Northrop & Johnson