The Panama Canal was constructed in the beginning of the XX century, connecting the Atlantic with the Pacific Oceans. The first journey through was conducted in 1914. Although it is not an easy one, roughly 14,000 ships yearly transit through the canal today.
If you have chosen to transit your own private yacht through the Panama Canal, there are some important things not to be neglected before embarking on the journey. The most significant matters shall become time and expenses, as traveling through a system of locks might come out really time-consuming, expensive and stressful. Still, the transition might become a unique adventure and even the most epic story to be told for the rest of your life. Here are some details to think over, before you decide upon a journey.
In terms of time limits, the journey through Panama Canal solely might last up to eight to nine hours. An intricate system of locks should be passed on your way through, guiding your private sailboat from one ocean to another.
Prior to that, there is obligatory paperwork to be done, along with the vessel screening (to make sure your boat complies with size regulations etc.). That is why you have to consider in advance the time your boat will be docked at either the Pacific side marina or Caribbean side marina to await your turn before transit. Average waiting time varies, but be prepared that it normally takes several days at least.
As to the paperwork, The Panama Canal Authorities demand an advance notification of 96 hours to accommodate the arrival for vessels desiring to transit the Panama Canal. If you are planning on transiting the canal without hiring an agent, you will need to call to the Admeasurer’s office (English is spoken by all canal officials) to arrange a time and location for your boat’s measurement. You have to go through measurement and payment first, before entering the ACP system to get a transit date assigned, as it cannot be reserved in advance.
If dealing with documentation yourself, you need to fill in a form stating where you are and when you would like to get measured. Then, an official Ad measurer will come out, to measure your yacht according to canal regulations. Once the process is completed, you will receive a form to be proceeded to a bank for an official deposit. Once you are measured and your money is deposited, you will call the official schedulers office and make an appointment for transit. Again, be prepared that paperwork might take from three to seven days.
Money wise, the price to pay for closing the Canal naturally varies depending on the size of your yacht. For small vessels of up to 15 metres LOA, the price makes around $1,875; for larger ones of up to 30 metres LOA it makes around $ 4,275, etc. Furthermore, you should consider extra transit fees including long lines, car tires and making sure you have line handlers on board.
Finally, depending on your appointment time and your port of entry you can expect to depart in the afternoon, around 1pm or 2pm. You will be assigned an official advisor from the Panama Authority to join you on-board, provided everything is going as planned. Thus, you need to provide hot meal and drinking water for your advisor. He or she will serve as your sailing mentor, attempting to get you through the canal as quickly and efficiently as possible. Still, you might end up having to stay the night for some unforeseen reason. In that case, expect to pay up to $500 dollars extra to dock.
On your journey, You will go through a series of locks (12 in total) composing is a system of levels that lift a ship up 85 feet to the main elevation of the Panama Canal and back down. Each lock is around 300-metre long and can be filled and emptied in 10 minutes. Once you have transited through all of them, you can continue on to either the Pacific or Caribbean side ocean.
All in all, if you decide to cross a Chanel on a private vessel, below are some tips for a smoother canal transit (Yachting World):
• Start researching information in advance, at least 3 months ahead, for comfortable preparation.
•It is better to keep the yacht’s decks clear. Move or stow items to keep the area around bow and stern cleats as clear as possible.
• Ensure all fairleads are fair to start. Re-leading takes time you may not have if currents start spinning the raft.
• Stern lines took the most load. Consider running them to a cockpit winch with the stern cleat as a guide to provide better control and mechanical advantage.
• Prep line handlers well. Hold a crew meeting. Make sure they understand how critical it is to be alert: they should not expect to use a GoPro or post on social media during transit.
• Repeat instructions from the adviser. It confirms you have heard and are responding to the action called for. It may serve to clarify the adviser’s intentions when issuing rapid instructions.
• Engage your adviser. Talk through manoeuvres in advance, asking for clarification on next steps and understanding actions they will want you to take before they need to happen.
Riva has expanded its Destinations collection with a new lounge at Hotel de Mar Gran Meliá in Mallorca, officially opened on May 15. The venue combines Riva’s signature yacht styling with the hotel’s Mediterranean hospitality, featuring mahogany, ribbed maple, and steel finishes alongside iconic Aquariva lamps and Aquarama chairs.The lounge includes an indoor dining area and a sea-view terrace, complemented by a private Riva Privée area. Guests can charter a Rivamare yacht for coastal exploration, sunset aperitifs, or private dining.Located on Mallorca’s Illetas coastline, Hotel de Mar – designed by architect José Antonio Coderch – joins Riva Destinations’ existing lounges in Venice, Monte Carlo, Paris, and Jeddah. The opening event was attended by local celebrities, officials, and high-profile guests.No further expansion plans for additional Riva Destinations were disclosed. The lounge is now operational for hotel guests and external visitors.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
May 16, 2025
Feadship has completed its first two transactions through its recently launched Feadship Resale service. The sales include the 75.75-meter ONE (2025), co-listed with Edmiston and sold via Burgess as buying broker, and the 83.50-meter Savannah (2015), also co-listed with Edmiston.SavannahThe Dutch shipyard established Feadship Resale in late 2024 to leverage its technical expertise and historical build data in the brokerage market. The division currently represents six Feadship-built yachts, including the newly added 57.60-meter W."For years, owners have asked us to help sell their yachts," said Arjen van Elk of Feadship Resale. "We always directed them to brokers, but now we can offer something far more comprehensive. We know the yachts inside out – we built them."ONEThe service operates exclusively upon owner request and maintains collaborative relationships with established brokerage firms. Feadship emphasizes its role as a technical consultant rather than a direct competitor to traditional brokers, offering build specifications, maintenance records, and engineering insights to facilitate transactions.SavannahMarket response has been immediate, with multiple owners approaching Feadship directly to list their vessels. The shipyard attributes this to client confidence in its institutional knowledge of Feadship-built yachts.ONEThe Resale team now focuses on expanding its portfolio while assisting prospective buyers and sellers. No financial details were disclosed regarding the completed transactions. Feadship confirms the service will remain exclusive to yachts built by the consortium, with no plans to represent third-party vessels.The division's launch reflects growing demand for technical transparency in the superyacht secondary market, particularly for complex vessels exceeding 50 meters. Feadship's move follows similar manufacturer-backed resale programs emerging in the luxury marine sector.SavannahWith ONE and Savannah sales finalized, Feadship Resale prepares to handle additional transactions through 2025. The shipyard reports strong interest from both repeat clients and new buyers seeking verified build quality and maintenance history.Based in the Netherlands and with roots dating back to 1849, Feadship was formed as a group in 1949 as a marketing partnership between six Dutch shipyards, de Vries Lentch, Van de Stadt, Witsen & Vis, Akerboom, De Vries Scheepsbouw and Van Lent Shipyard, and De Voogt Naval Architects. Feadship is well-known as one of the Netherlands’ most elite yacht builders and delivers superyachts from 50–100+ meters in length.Credits: Feadship
May 16, 2025
CL Yachts has revealed its new CLB65 SUV model, a 19.7-meter sport yacht set to make its global premiere at the 2025 Sanctuary Cove International Boat Show in Australia. The announcement comes as the brand's existing CLB65 model completes its tour of major boat shows across Asia-Pacific and North America.The SUV variant maintains the B-Series' functional elegance while introducing enhanced versatility for owner-operators. Power options include twin Caterpillar C18 or Volvo Penta D13 diesel engines, both capable of reaching 30 knots. The yacht features a ZF JMS boat control system for simplified docking and offers certification options between RINA Hull Construction and CE Category B Class standards.Designed by Hong Kong-based Supertomato Studio, the interior presents two décor schemes in walnut or white oak. The full-beam master stateroom incorporates dual hull-side windows and walnut finishes, while the VIP cabin includes a skylight. A convertible guest cabin adapts between twin and single bed configurations.Social areas emphasize fluid indoor-outdoor connectivity, with a flip-up window linking the galley to the aft deck's electric grill and bar seating. The salon features expansive glazing, a pop-up rotatable TV, and optional sunroof ventilation. A multifunctional stern area serves as either a beach club or fishing platform, with stabilization available via fins or gyro systems."Coming at the very peak of the yachting season, we are so excited to unveil our CLB65 SUV to the industry," stated CL Yachts. CL Yachts’ goal is to offer unparalleled experiences to the modern explorer. The luxury performance brand stands apart from its competitors thanks to its unique approach to design – driven by CL Yacht’s core value of innovation. Fusing progressive design with engineering prowess and state-of-the-art technology, every element of CL Yachts’ vessels are meticulously geared to steer luxury into uncharted territories.Credits: CL Yachts
May 16, 2025
Royal Huisman has commenced work on Project 412, an 80-meter-plus sailing yacht for a repeat client. The full-aluminum vessel will rank among the largest sailing yachts built by the Dutch shipyard when completed.The yacht features a carbon rig supplied by Rondal, designed for performance sailing and global circumnavigation. While exterior details remain confidential, the project continues Royal Huisman's specialization in large-scale sailing superyachts.Jan Timmerman, CEO of Royal Huisman, stated: "We are honored to embark on this new super-sized sailing yacht project for a returning owner. Project 412 promises a true sailing experience while offering a distinctive and sustainable alternative to large powerboats."The construction reinforces Royal Huisman's position in the XXL sailing yacht segment. No delivery date or additional specifications were disclosed. The yard currently has multiple large sailing projects in progress at its Netherlands facilities.Project 412 will join Royal Huisman's portfolio of custom sailing superyachts, which includes several of the world's largest sailing vessels. The commission demonstrates continued demand for performance-oriented sailing yachts in the 80-meter-plus range.Royal Huisman is a Dutch shipyard established in 1884 in Ronduite, building and refitting custom luxury sailing and motor yachts at its shipyard in Vollenhove, the Netherlands.Credits: Royal Huisman
May 15, 2025
Sanlorenzo S.p.A. announced its Q1 2025 financial results, reporting €213.5 million in net revenues from new yacht sales, a 9.6% year-over-year increase. The company's EBITDA rose to €37.0 million (+8.5% YoY), while net profit reached €21.2 million (+8.0% YoY).The Superyacht Division grew by 10.4%, and Nautor Swan contributed €23.8 million in revenues. Geographically, the Americas saw a 40.6% increase, while Europe grew by 8.6%. The company’s backlog stands at €1.2 billion, with 89% of orders sold to final clients and deliveries scheduled through 2028.EBITDA margin slightly decreased to 17.3% (from 17.5% in Q1 2024), attributed to the Nautor Swan acquisition. Excluding this effect, profitability would have improved. EBIT increased by 4.2% to €26.8 million, maintaining a 12.6% margin.Net financial position shifted to -€28.1 million due to seasonal working capital needs ahead of the Mediterranean delivery season (May-July). The company also repurchased €3.7 million in treasury shares and acquired 60% of AF Arturo Foresti S.r.l. for €0.7 million.Order intake in Q1 2025 reached €178.1 million (+5.9% YoY), reinforcing confidence in the Sanlorenzo, Bluegame, and Nautor Swan brands. The company confirmed its 2025 guidance, citing strong demand with waiting lists extending to 2028.Massimo Perotti, Chairman and CEO, stated: *"Our business model – unique in the international yachting landscape – continues to deliver excellent profitability and long-term visibility. We are reinforcing leadership in the 30 to 50-metre segment, supported by a sophisticated client base and semi-custom production."*Perotti noted that only 5% of revenues come from yachts under 30 meters, minimizing exposure to potential U.S. tariff risks. The company remains optimistic about sustainable growth and value creation.Sanlorenzo was founded in 1958 in Viareggio by yacht builder Gionvanni Jannetti. In 2005, Massimo Perrotti became the majority shareholder in the shipyard. Sanlorenzo builds yachts ranging from 28.60 to 73 meters in length. Credits: Sanlorenzo
May 15, 2025