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

77m Amels Boadicea Joins Northrop and Johnson Charter Fleet
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Feadship Delivers Stella M
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Oceanco Launches 111m Diesel-Electric Yacht Leviathan
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Search for Mazu Yachts Co-Founder Halit Yukay Continues After Collision
Search operations are ongoing for Mazu Yachts co-founder Halit Yukay following a collision between his yacht and a cargo vessel in the Sea of Marmara.Yukay, 43, was travelling from Yalova to the Greek island of Mykonos when the incident occurred. His family reported him missing on Monday, 4 August. The wreckage of his yacht, Graywolf, was later found off the coast of Marmara Island. Rescue teams, including divers, have been working in the area since, but no trace of Yukay has yet been found."The privacy of Mr. Yukay’s family and Mazu Yachts’ team members remains a priority during this time," the company said in a statement. "We are deeply grateful for the thoughts, prayers, and support extended to us. Verified updates will be shared through our official channels as they become available."Yukay co-founded Mazu Yachts in 2011, initially focusing on chase boats before expanding into the semi-custom yacht sector. The yard’s portfolio includes models such as the 24.9-metre Mazu 82 and the 40.2-metre flagship 132 DS. Its 28.5-metre Waterlily was a finalist at the 2024 BOAT International Design & Innovation Awards."Halit is a friend and a constant source of inspiration and bold ideas," said Nicola Pomi, head of Volvo Penta’s yacht division. "Today, while we hope and wait, we hold on to his spirit. We are closely following the ongoing search and rescue efforts, and our thoughts are with Halit, his family, and the Mazu team."Credits: Coast Guard Command (Turkey)
Paris Hilton's Sustainable Yacht Charter Aboard Sunreef 80 Eco Nalani
Paris Hilton and her family recently completed a Mediterranean holiday aboard the 24.4-meter Sunreef 80 Eco Nalani, a solar-electric catamaran that combines luxury with environmental consciousness. The black-hulled vessel served as the family's floating residence during their Sardinian getaway, accommodating Hilton, husband Carter Reum, and their two children.The Nalani features 340 square meters of living space across four staterooms and a children's bunk room. Its design emphasizes indoor-outdoor living, with a master suite featuring a private balcony and common areas that flow seamlessly between interior and exterior spaces. The yacht's integrated solar panels and hybrid propulsion system align with Hilton's public advocacy for sustainable luxury.During their charter, the family utilized the yacht's numerous amenities including a flybridge hot tub, open-air cinema, and various water toys. Hilton shared glimpses of their experience on social media, highlighting quiet family moments and Mediterranean sunsets.Sunreef's 80 Eco series represents the Polish builder's commitment to environmentally conscious yachting, combining conventional propulsion with renewable energy systems for limited silent operation. The model has gained popularity among charter clients seeking sustainable luxury options.The catamaran's layout prioritizes outdoor living with multiple lounge areas, including a forward terrace and aft beach club configuration. Its crew quarters accommodate four staff members to ensure full service during charters.Industry observers note growing interest in eco-friendly yachting solutions among high-profile clients, with solar-assisted systems becoming increasingly common in new builds. The Nalani remains available for Mediterranean charters through the current season.Sunreef continues production of its eco-focused catamaran line at its Gdansk facility, offering models from 15 to 30 meters in length. The company reports steady demand for vessels combining luxury amenities with reduced environmental impact.Sunreef Yachts was founded by Francis Lapp in 2002 in Gdansk, Poland. Since then, the shipyard has been designing and manufacturing luxury sailing and power multihulls. Credits: courtesy by Paris Hilton; Sunreef Yachts