Northrop & Johnson has announced its further expansion into yacht management with the addition of Fairport Yacht Support to its organization. This comes just 10 months after the acquisition of Superyacht Management (SYM) in Golfe Juan. Providing a range of services focused on the operational and management side of owning a superyacht, Fairport extends Northrop & Johnson’s growing portfolio of superyacht services, transforming the company into a full-service brokerage covering every aspect of superyacht ownership in Europe, as well as North America.



“Together with Fairport and SYM, we are making the yacht ownership experience as seamless as possible. Our combined suite of services makes us a one-stop-shop for yacht owners, allowing them to enjoy their yacht while we take care of the rest,” says Northrop & Johnson’s President and COO, Daniel Ziriakus.



“As the newest addition to Northrop & Johnson’s exceptional list of services, we are able to elevate the yachting experience for our yacht owners,” says Fairport CEO Graeme Lord. “We are thrilled to be a part of this powerhouse full-service brokerage that offers everything an owner could need and proud to be part of a brand that puts people first to ensure our clients receive nothing but extraordinary.”

Northrop & Johnson is committed to providing the most exceptional service to its clients across all stages of life in the superyacht timeline, and the addition of the experienced team at Fairport further advances that goal. Together with Fairport, Northrop & Johnson offers superyacht owners comprehensive services that include buying, selling, chartering, building, crewing, insurance, yacht management, and charter management, handling every aspect of ownership.

Credits: Northrop & Johnson; Fairport Yacht Support

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Video of the Day: 80m Al Reem Launched by Bilgin Yachts
Bilgin Yachts has launched Al Reem, the third and final yacht in its 80.1-meter Bilgin 263 series. Sold in 2022 through brokerage firm Bluewater Yachting, Al Reem follows the delivery of Tatiana, introduced at the 2021 Monaco Yacht Show as the largest yacht built in Turkey, and Leona, delivered in 2023.Al Reem, formerly known as Project Silence, is said to offer increased volume – around 100GT more than its predecessors – and additional exterior deck space, as well as a larger mast structure. All three units of the series share a slender exterior profile by Unique Yacht Design and interiors by H2 Yacht Design.The latest hull incorporates various design modifications, including a teak foredeck, a superstructure finished in a metallic grey-white and black scheme, and a reconfigured internal layout with enlarged living areas. Technical refinements include a lengthened upper deck and an extra covered area at the stern.The owner’s deck, positioned on the main deck level, provides 300-degree views and access to an outdoor terrace and hot tub. Guest accommodation comprises two VIP cabins on the main deck and three guest cabins on the lower deck. A secondary saloon on the lower deck includes a balcony-style opening to the sea. An elevator connects all decks.Al Reem’s interior uses materials such as matte timber, cream leather wall panels, silk carpets, and marble feature walls. According to H2 Yacht Design’s Jonny Horsfield, the interior is designed to be “light and modern,” differentiating it from the layout and design of Tatiana.<iframe width=560 height=315 src=https://www.youtube.com/embed/FF3TcLuDFNk?si=VGpDFVuo2UIL8Pt5 title=YouTube video player frameborder=0 allow=accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share referrerpolicy=strict-origin-when-cross-origin allowfullscreen></iframe>In terms of technical capabilities, Al Reem features a new ventilation system and increased generator capacity. Equipped with twin 2,560 kW engines, the yacht can reach a maximum speed of 19 knots and has a reported range of up to 6,000 nautical miles.With the launch of Al Reem, Bilgin Yachts concludes its 263 series. Delivery of Al Reem is scheduled for 2024. Bilgin Yachts is a boutique shipyard on the European side of Istanbul, building 50 to 120m luxury superyachts. It has been a family-run business for five generations since the early 1900s.Credits: Bilgin Yachts
Feadship's Monara Left the Market
Northrop & Johnson has confirmed the sale of the 25.8-meter Feadship motor yacht Monara. Yacht brokers Ed Dickinson and Ed Cavendish acted on behalf of both buyer and seller, with the yacht last listed at EUR4,500,000. Originally built in 1969, Monara underwent a complete rebuild at Feadship’s Makkum yard in 2016, placing it among the Feadship Heritage Fleet. The rebuild included the installation of Zero Speed stabilizers and a silent electric battery system.Inside, the main salon is designed with warm oak finishes and offers an L-shaped settee and a concealed pop-up TV. A glass floor panel provides a view of the yacht’s restored Gardner main engines. The galley features a Dutch door that opens to the main deck, creating an integrated indoor-outdoor living area.Accommodations include four staterooms for up to eight guests. The master suite, lit by four hull windows, has a queen-size bed and an ensuite with adjustable privacy glass. The VIP cabin is also ensuite, while two additional guest cabins can be configured as twin or double rooms and share a bathroom.Externally, Monara retains classic yacht elements, including a clipper bow and canoe stern. The covered aft deck features seating around a teak table, accommodating up to 12 for alfresco meals. The sundeck is equipped for multiple functions, offering a convertible 10-person sunbed, an L-shaped lounge, an additional sunbed forward, and shade options via adjustable sails.Following its recent sale, Monara continues to represent a combination of traditional Feadship craftsmanship and contemporary onboard technology.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
Ocean Independence Introduces Project Kumu Hybrid Yacht Concept
Ocean Independence has unveiled Project Kumu, a 46-meter hybrid-powered yacht concept developed by a design team from D-ID in Winchester, with naval architecture by Southampton-based Lateral Engineering. Initially conceived for a specific client seeking a fast day-boat style superyacht constructed in aluminum and featuring a sailing yacht profile, the project evolved after the client did not proceed.Project Kumu’s design includes a hull optimized for efficiency and a hybrid propulsion system intended to enable silent operation at anchor. The main deck’s aft section spans approximately 200 square metres, incorporating fold-down platforms and flexible social areas. An open-plan saloon connects directly to an external bar and deck spaces, aiming to provide an uninterrupted flow between the interior and exterior. Large windows, a skylight, and an adaptable layout are intended to allow daylight to define and separate spaces without fixed boundaries.Accommodation plans include three substantial cabins for the owner and VIP guests on the main deck’s bow section, while two additional guest cabins and a secondary multi-function saloon with a balcony door are positioned on the lower deck. The design also includes a sun deck of about 285 square meters, made possible by sinking the wheelhouse into the deck structure.With an anticipated range of 3,500 nautical miles, the yacht’s hybrid propulsion targets long-distance travel, such as routes between the Mediterranean and Caribbean. Storage for two tenders – one 7.5 meters on the aft deck and one 5.5 meters in the toy garage – alongside space for various equipment, is included in the concept.Ocean Independence indicates that Project Kumu is now ready for the next phase and notes that quotes are already available from several shipyards capable of bringing the concept into construction.Credits: Ocean Independence
Azimut|Benetti Group Maintains Top Spot in Mega Yacht Market for 25th Consecutive Year
The Azimut|Benetti Group has been named the leading global manufacturer of mega yachts for the 25th year, holding a 20% share of the market, according to the 2025 Global Order Book published by Boat International. The Group, which specializes in yachts over 24 meters, recorded 164 units under construction, totaling 5,905 meters in length.Azimut Seadeck 7 Hybrid ProjectThe company attributes its sustained success to strategic pillars such as product innovation, a focus on quality, global market reach, and investment in talent. Revenues for the fiscal year ending August 31, 2024, reached €1.3 billion, with a robust order portfolio extending through 2029.Azimut|Benetti Group’s product range spans Azimut’s 12 to 44-meter yachts and Benetti’s larger vessels, including custom mega yachts exceeding 100 meters. The Group has introduced designs aimed at redefining onboard living spaces, with models such as the Azimut Seadeck Series and the Benetti Oasis garnering attention for their innovative concepts.In recent years, the Group has prioritized emissions reduction. Azimut offers a fleet where over half of the yachts are classified as Low Emission Yachts, incorporating varying levels of hybrid technology. Benetti, meanwhile, has 10 hybrid mega yachts under construction and hybrid options across most of its product lines. Notable models include Azimut’s Seadeck Series, with a reported 40% reduction in CO2 emissions, and Benetti’s B.Yond line, which achieves reductions of 24% in CO2 and 80% in NOX emissions.Benetti Veranda DeckAzimut|Benetti emphasizes in-house production for critical components and partners with a select supply chain to maintain quality. The Light Steel Hub in Tuscany and the upcoming Composite Hub for fiberglass and carbon fiber production are central to these efforts. The company also plans to expand its Lusben division, which specializes in refits for large yachts.Geographically, the Group balances its market presence between Europe, the United States, and MEA-APAC regions, leveraging exclusive dealer networks and strategic collaborations to manage local risks and optimize offerings.Benetti Veranda DeckThe company reports an 18% increase in staff over the past six years, driven by growth in operations. To preserve its expertise and culture, Azimut|Benetti has launched initiatives such as a Corporate Academy to transfer knowledge between generations and the “Nauticità” project, which allows employees to experience life aboard the company’s yachts.As the Group celebrates its 25th consecutive year as a market leader, its focus remains on long-term sustainability, technological innovation, and maintaining high standards across its operations.Founded in 1873, Benetti is the oldest Italian shipyard specializing in luxury yachts. Benetti designs, builds and sells composite vessels from 29 to 44m and steel and aluminum boats from 37 to over 100m. The fleet consists of five categories: Class, Oasis, B.Yond, B.Now and Custom to meet all the needs of the market. Benetti belongs to the Azimut|Benetti Group, the largest privately owned luxury yachting group in the world.Credits: Benetti
Further Details of the Admiral Spyder Revealed by TISG
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