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

50m Project Jade Sold by Heesen
Heesen has announced the sale of YN 20350, the 50m fast cruiser Project Jade. The all-aluminum Project Jade boasts a sleek and svelte exterior design penned by Frank Laupman of Omega Architects. The contemporary interior is made by Cristiano Gatto. A conceptual and airy atmosphere is achieved through various materials and textures that reflect natural light. Mirrors and tempered glass inspired by the sky, along with bold pops of green from the yacht's namesake stone, Jade, contribute to the overall aesthetic.Accommodating twelve guests in five staterooms, including an owners' suite on the main deck forward, Project Jade ensures a comfortable experience for all. The remaining guest cabins, two doubles and two twins, are on the lower deck. Nine crew members will look after the guests efficiently and discreetly thanks to a very well-thought-out layout, which is the foundation for a successful yachting experience. With a top speed of 23 knots, Jade also boasts a highly efficient hull design, meticulously crafted and engineered by Heesen's in-house naval architects. This efficiency is not merely about speed; it's also about creating a seamless, comfortable experience for those onboard. In addition to its impressive design and performance features, Project Jade is IMO III compliant.This sale marks the third Heesen vessel sold by SuperYachtsMonaco in the past decade, marking a significant collaboration, in particular with Jim Evans, who introduced the client."We are overjoyed to congratulate the client on entrusting our shipyard with building his new yacht. This sale not only showcases the exceptional quality of Heesen yachts but also confirms our strong relationship with the brokerage network," says Mark Cavendish, Heesen's chief commercial officer. Mark Cavendish also extended his congratulations to Jim Evans for his role in the sale, "Jim Evans has consistently been a strong advocate for Heesen, and this sale underscores his deep knowledge of our brand and product. We are grateful for his continued support and look forward to future collaborations."As Project Jade nears launch, Heesen looks forward to commissioning her systems and rigorous North Sea tests before delivering the yacht to her new owners in Q2, 2024. In these challenging times, Project Jade's sale is a positive sign for the industry, highlighting Heesen's strength as a leader in the luxury yacht market.Heesen Yachts is a Dutch ship building company that specializes in custom-built superyachts in aluminum and steel from 30m to 70m in size. Founded in 1978, it has launched more than 170 yachts since its inception.Credits: Heesen Yachts
Rossinavi Launches New Marine Brand with 5 Aluminum Yachts
Rossinavi, the esteemed Italian shipyard, has recently unveiled a brand-new marine brand called Nolimits. Breaking boundaries in yacht design, the Nolimits range introduces five aluminum crossovers tailored for transoceanic voyages.Established by the illustrious Rossi family, renowned for founding the Rossinavi shipyard in 1980, Nolimits marks a strategic expansion into a distinct market segment. These crossovers, blending the essence of explorer vessels with the luxury of superyachts, epitomize Rossinavi's commitment to innovation.Crafted by the acclaimed designer Fulvio de Simoni, the Nolimits fleet spans from 30 to 45 meters in length. Constructed entirely in Italy, these vessels leverage Rossinavi's four-decade-long expertise in bespoke yacht construction.Federico Rossi, COO of Rossinavi, expressed, "After a long experience in building yachts from 500 to over 2,000 GT, it is time to carry this kind of technical vision also into yachts from 30 to 45 meters." He emphasized the brand's focus on creating vessels capable of extended offshore journeys while maintaining the hallmark luxury and functionality of superyachts.The inaugural Nolimits lineup comprises the NL30 (98 feet), NL37 and NL37+ (121 feet), and the NL45 and NL45+ (148 feet). The "+” variants feature a raised pilothouse, offering diverse layouts on the upper deck. Notably, the NL37+ boasts an indoor skylounge with panoramic vistas, while the NL45+ features a VIP cabin with a private deck.Designed for stability and comfort, each vessel boasts spacious hulls and lavish interiors, ensuring a pleasurable experience on extended global expeditions. Expansive panoramic windows and commodious sundecks create seamless connections with the surrounding seascape. Sundecks are equipped with pools, bars, BBQs, sunbeds, and windbreakers for enhanced comfort.Performance-wise, Nolimits cruisers feature robust engines, dual stabilization systems, and twin rudders for superior maneuverability. Their impressive fuel capacity facilitates transatlantic crossings, while advanced noise reduction technology ensures a serene onboard ambiance. Moreover, the air conditioning system, with chillers operating at 150 percent capacity, ensures rapid refreshment.Rossinavi is an Italian manufacturer of custom steel and aluminum superyachts 28m in size and larger. The Rossi shipyard was founded in the 1970s and is located in Viareggio.Credits: Rossinavi
Refitted Magnum 63 Fury Revived with Touch of Vintage and Innovation
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First Tecnomar for Lamborghini 63 in North Africa
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Azimut Will Present S7 at the Dubai International Boat Show 2024
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