The main event of the superyacht industry, the Monaco Yacht Show is attended every year by hundreds of brokers eager to network, inspect new builds and attempt to gain clients in the process.



Built in 1994 by Lurssen in Germany for an extremely experience Middle Eastern owner, the 73-meter yacht was formerly known as Coral Island. Designed by the famed designer Australian born Jon Bannenberg, the yacht became one of the most advanced and innovative of its time. At the time of its delivery, it was the 34th largest yacht in the world.



It only seems fitting that the legendary 73-meter yacht was bought directly from Lurssen and sold to an Australian, namely Ian Malouf, through his Luxury Marine Charter entity, who is also causing innovative changes in the Superyacht industry. The off-market deal was completed by Ahoy Club, Malouf’s digital marketplace of yachts for charter, inside a mere 72 hours with her new owner leaving the show already onboard Coral Ocean. Causing the yacht to make history again as the transaction became one of the quickest and largest completions to occur during the Monaco Yacht Show.

Coral Ocean is the latest upgrade for Malouf as he steps up from his current yacht, the 54-meter Baglietto, Mischief. The latter is now on its way back to Australia, scheduled to arrive in a few weeks aboard a transport ship. According to Ahoy Club, the yacht will be the largest commercial charter superyacht ever imported into Australia.



Malouf’s interest in yachting goes beyond yacht ownership. Last year, together with his daughter Ellie, after four years of preparation they launched Ahoy Club, a digital marketplace of yachts for charter allowing users to book any yacht, anywhere in the world, for the best possible price by reducing commissions through an improved tech stack, that instantly presents users with the choice of over 3,300 yachts available for charter worldwide. Ahoy also handles yacht sales with reduced fees.

Earlier this year, Malouf took his vision for simpler charters and more affordable prices to private aviation, co-founding Central Jets  The web platform lets users book flights at direct pricing from owners through a simple €199/month subscription. This has allowed users to save up to 50% per flight. The company guarantees the lowest priced jets in the market.



Now headed for a refit, Coral Ocean is set to continue its charming history and charter excellence through Ahoy Club in the Mediterranean next summer whilst Mischief will be cruising in Australia on both daily and weekly charters.

Latest News

A Closer Look at 47m Atlantique Acqua Chiara
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 New Superyacht Concepts Unveiled by Dynamiq
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Invictus Yacht to Present New ST550 and TT550 Flagships at Cannes 2025
Italian builder Invictus Yacht will debut two new 16.87-meter models at the Cannes Yachting Festival (September 9-14, 2025). The ST550 and TT550 represent divergent design approaches within the brand's portfolio, both developed by designer Christian Grande and built at Cantieri Aschenez.ST550The ST550 introduces a new shuttle-style range focused on enclosed living spaces, featuring teak and mahogany finishes with Volvo Penta IPS800/950 engine options. "This model delivers a refined, private cruising experience," stated Invictus Marketing Manager Valentina Procopio.ST550Conversely, the TT550 evolves the brand's existing TT line with foldable side terraces and carbon-fiber hardtop, prioritizing open-air Mediterranean cruising. Both models offer customization through the Atelier Invictus program, with the TT550 debuting in "Stone White" and ST550 in "Spectrum Blue" color schemes.TT550The shipyard will also display a redesigned TT460 featuring sustainable innovations including recyclable honeycomb panel construction. Additional models at the show include the TT420 and GT370.TT550No pricing was disclosed for the new flagships, which join Invictus' existing range of 8-18 meter models. The Cannes presentation marks the 10th anniversary of Cantieri Aschenez's operations. General Manager Rosario Alcaro noted the projects demonstrate the yard's "grown production capacity and technical expertise."The Italian shipbuilder produced open type boats with multiple vocations. The debut production will include two ranges of leisure boats, corresponding with two types of propulsion: inboard-outboard for the “GT” series, more tending to leisure and sailing, and outboard for the “FX”, more technical and sporty. Credits: Invictus Yacht
Inside Alia Yachts 55m Limerence
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New Amels 60 Arrived in Vlissingen for Outfitting
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