Ferretti Group is set to make a splash at the Monaco Yacht Show 2024, unveiling significant new developments and showcasing an impressive lineup of vessels, including two much-anticipated world premieres. This extraordinary fleet exemplifies the company’s commitment to innovative design, advanced technology, and the creation of luxurious yachts tailored to customer preferences.


Asante

The Group will present eight models at the event, featuring standout debuts such as the wallywind110 – Galma and the Custom Line 50 M/Y Asante, in addition to the launch of the wallypower50 and the Custom Line Navetta 38. Visitors can also enjoy an array of other models, including the Custom Line 140', Pershing GTX116 – Agartha, Pershing 140, and the wallywhy200.

“The Monaco Yacht Show serves as our perfect platform. It’s particularly gratifying to announce the initiation of the Riva 70 Metri construction, which will be Riva's largest flagship superyacht, commissioned earlier this year by a dedicated Riva enthusiast,” stated Alberto Galassi, CEO of Ferretti Group. “We are thrilled to present two stunning world premieres in Monaco: the wallywind110 – Galma and the Custom Line 50 M/Y Asante. Driven by Ferretti Group’s distinct characteristics, we strive every day to elevate innovation in yachting to unprecedented levels of excellence. With the incredible diversity of our seven brands, we are excited to once again astonish our owners.”


Galma

The wallywind110 – Galma marks the inaugural model in the new wallywind range, representing the largest sailing yacht delivered since Wally joined the Ferretti Group. This vessel embodies the firm’s dedication to the sailing segment, fusing sleek lines with outstanding performance and comfort akin to larger yachts. Constructed from carbon fibre composite—a material pioneered by Wally—this yacht's optimised hull offers an exhilarating cruising experience, generous social spaces, and impressive race potential, all while requiring a smaller crew.

The Custom Line 50 M/Y Asante stands as the brand's first all-aluminium megayacht. This new flagship, tailored for the under 500 GT market, features exterior designs by Filippo Salvetti and bespoke interiors by ACPV ARCHITECTS, merging maritime tradition with contemporary aesthetics.


Pershing GTX116

Ferretti Group’s dedication to the superyacht realm is further demonstrated not only through the vessels showcased at the Monaco Yacht Show but also via its production strategy. The Ferretti Group Superyachts Yard in Ancona, spanning 80,000 square metres, is dedicated to the construction of superyachts ranging from 50 to 90 metres, with ten vessels currently in progress. The facility is also advancing major projects such as the Custom Line 125 Project, a three-deck superyacht known for its ample spaces and exceptional hydrodynamic performance.

The significance of this division is underscored by the commencement of the Riva 70 Metri, the largest yacht ever crafted by Riva, which is now underway at the Riva Superyachts Division in Ancona. Renowned for its timeless beauty, the Riva 70 Metri combines remarkable performance with ecological sustainability through a cutting-edge hybrid propulsion system featuring heat recovery technology, setting a new standard for sustainable yacht design.

Ferretti Group's financial results remain robust, with a Net Backlog of €785.7 million and a total backlog reaching €1.5 billion in the first half of the year, underscoring the company’s solid financial standing and the market’s strong confidence in its focus on new models, innovation, and sustainability.

In addition to showcasing its remarkable yachts, Ferretti Group will partner with prestigious brands at the Show, including Range Rover and Flexjet, alongside Frette and Venini for exquisite décor. Italian partnerships further enhance the experience, featuring Dolce & Gabbana, Lavazza with its invigorating coffee creations, and La Scolca for fine wines. Other notable collaborators include Yacht Club de Monaco, Bang & Olufsen, Atelier Rebul, Torello, and Seabob.

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, RivaPershing,  Itama, Mochi CraftCRNCustom Line and Wally.

Credit: Ferretti Group

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