Lürssen is establishing long-term cooperation in naval shipbuilding with German Naval Yards Kiel. The existing military and naval surface shipbuilding activities are to be contributed to a joint company and led by Bremen-based Lürssen Group.
From the first stages the German Government, represented by their Maritime Coordinator, Norbert Brackmann, MdB, was involved in the process for accompanist on and supporting the process substantially with his expertise.
The goal of the combination is to improve the structure of the German shipbuilding industry and to bolster its efficiency and sustainability. In addition to the construction of highly innovative and technologically advanced naval vessels, this also includes the functional integrity of such vessels over the entire life cycle.
According to Iskandar Safa, CEO of Privinvest Holding SAL, the ultimate parent company of German Naval Yards Kiel GmbH: “The consolidation in Germany is long overdue. Germany has first-class naval yards and excellent technologies. However, our customers require partners with sufficient scale and capabilities to fulfil large-scale orders of strategic importance. Our customers can be better served if domestic players join forces. We have made an important step in the right direction today. We look forward to working with our partner Lürssen."
Friedrich Lürßen, a shareholder of the Lürssen Group adds "We are convinced that the consolidation of our naval shipyards has significant strategic merit and will strengthen their competitiveness in the future. We are pursuing this step with the objective to provide a more comprehensive and efficient offering for the supply and maintenance of high-quality naval units to the national customer. We stand ready for this with our team of motivated and highly qualified employees. With this strategic project, we also want to actively contribute to mitigating the effects of the current corona pandemic and to safeguard the national industry’s jobs and technological capabilities in the long-term. We look forward to working with our new partner and are confident to take the required next steps to successfully implement our consolidation strategy.”
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
Italian shipyard Baglietto has delivered the 43.7-meter motor yacht Speedy Bear, a custom Fast44 model designed by Francesco Paszkowski Design with interior collaboration from Margherita Casprini. The aluminum-hulled vessel follows the design lineage of Baglietto's fast yachts, including the 46M Lucky Me. Speedy Bear accommodates 10 guests across five cabins: a main-deck master suite forward of the saloon, two VIP doubles, and two convertible singles with additional berths. Stern fold-down balconies create expanded sunbathing space around the pool, while the garage door converts to a swim platform extending the beach club area.Powered by twin MTU engines, the yacht reaches a cruising speed of 23 knots and maximum speed of 27 knots. Baglietto's CCO Fabio Ermetto stated: "This is indeed a custom project that exudes classical beauty while also featuring innovative solutions. Speedy Bear reminds me of several historical and yet revolutionary vessels built by Baglietto – which marked the history of yachting – while also being a brand-new, one-of-a-kind project, faithful to Baglietto's DNA."Baglietto Spa is an Italian boat builder based in La Spezia specializing in new aluminum light alloy yachts ranging between 35m and 50m in length and steel and light aluminum alloy displacement megayachts starting at 40m.Credits: Baglietto
April 21, 2025
The 53-meter sailing yacht Drumbeat is now available for charter in the West Mediterranean for summer 2025 through Camper & Nicholsons, with weekly rates starting at EUR210,000. Built by Alloy Yachts in 2002 and refitted in 2019, the Dubois Naval Architects-designed ketch combines performance sailing credentials with luxury accommodations.Drumbeat accommodates 10 guests in five cabins, including a full-beam master suite featuring panoramic views, a lounge area, and hot tub. The 2019 interior refurbishment incorporated warm wood tones, contemporary art, and refined textiles. The yacht's sailing pedigree includes winning the Rolex Transatlantic Challenge. Current features include a transformable transom swim platform, spacious aft deck lounge with alfresco dining, and shaded relaxation areas. A 10-person professional crew maintains a 1:1 crew-to-guest ratio.Technical specifications confirm the vessel's 53-meter length and ketch rig configuration. Credits: Camper & Nicholsons
April 21, 2025
Italian design firm Bassan&Benedetti has introduced Altrove, a 90-meter explorer yacht concept designed for scientific research and luxury expeditions. The vessel combines advanced technology with guest amenities while maintaining operational capabilities in extreme conditions.Altrove features a fully equipped wet and dry laboratory for four scientists or guides, supporting 18-person expeditions. Its 4,990 GT interior includes a 60 sqm owner’s studio spanning two levels, a double saloon with dining for 30 guests, and two observation lounges with 360-degree views.The wellness area comprises a gym, spa, and massage room alongside aquatic facilities including a 35 sqm main deck pool and multiple Jacuzzis - two in the beach club area and a private unit for the owner. Accommodation includes nine cabins with capacity for 22 guests, featuring an owner's suite with a forward terrace equal in size to the 110 sqm beach club. Separate quarters accommodate 30 crew members.The yacht’s helideck is certified for Airbus H135, H130, H125, and Bell 407 helicopters, with an enclosed hangar. When not in use, the space converts into an entertainment area for events, outdoor cinema, or dining. A 110 sqm beach club with fold-down balconies, a transom opening, and a multi-level swim platform provides direct water access.For exploration, Altrove carries Limo and RIB tenders, two submarines, and Jet Skis, stored in a waterside garage. The design emphasizes a reverse bow and angular exterior lines, described by the studio as conveying "resilience and strength." No performance or propulsion details were disclosed.Credits: Bassan&Benedetti
April 21, 2025
Spanish marina operator Ocibar has entered its first international venture by acquiring a 25% stake in Marina d'Arechi, a major Italian marina located in Salerno. The facility, developed and operated by the Gallozzi Group, offers 950 berths for vessels from 10 to 100 meters, along with winter storage and maintenance services.Antonio Zaforteza, CEO of Ocibar, stated: “Marina d’Arechi is one of the great examples of success in marina development in the Mediterranean and still has significant growth potential. Our alliance will further enhance this marina and integrate it into a unique value proposition for its customers and those of the various Ocibar marinas.”Ocibar, which manages marinas in Tarragona, Mallorca, Ibiza, and Valencia, sees the investment as part of its Mediterranean expansion strategy. The Gallozzi Group, active in shipping and port operations since 1952, welcomed the partnership.Agostino Gallozzi, CEO of the Gallozzi Group and Marina d’Arechi, said: “We had contemplated expanding the shareholder base of Marina d’Arechi and are very happy to have Ocibar joining us with a 25 per cent participation, based on shared values and principles of business ethics. Our partnership will propel Marina d’Arechi into a new phase of development.”Planned upgrades include berth expansion, infrastructure improvements, and the construction of a hotel to support Salerno's tourism initiatives.Credits: Marina d'Arechi
April 18, 2025