Ferretti Group wins the stage of the 41st edition of the Cannes Yachting Festival, scheduled from September 11th to 16th, with 5 absolute novelties for the Ferretti Yachts, Custom Line and Riva brands.
The 5 world premières, welcomed successfully by public and professionals, inaugurate the new nautical season of the Group in great style.
Together with a majestic fleet of 25 yachts between 8 and 42 meters, the debut was made by:
- Ferretti Yachts 670
- Custom Line 120’
- Custom Line Navetta 42
- Riva 110’ Dolcevita
- Riva 66’ Ribelle
The Cannes Yachting Festival, the largest international event in the sector, opened as usual with the Group's annual press conference. Mr Alberto Galassi, CEO of Ferretti Group, together with the Chief Commercial Officer, Stefano de Vivo, presented the main financial results achieved during the first 8 months of 2018, confirming the positive trend that strengthens the Group’s international leadership.
As at August 31st, 2018, Ferretti Group recorded a consolidated order book for serial brands equal to 218 million Euros, in line with the budget estimates for the current financial year. The Group expects to close the year with a total purchase order for serial brands of 450 million Euros, confirming and consolidating the extraordinary result already achieved in 2017.
The Group continued its strong commercial penetration on a global scale. From a geographic point of view, in percentage terms on consolidated order book, as at August 31st, 2018, Europe - Middle East - Africa contributed for 49% of new orders, Americas for 36% and Asia Pacific for 15%.
After the first 8 months of 2018, the Group achieved consolidated revenues of 420 million Euros, +22% compared to the same period of 2017 (344 M€). The estimates for 2018 are confirmed, which foresee a production value of 704
million euros.
The Group continues the investment plan as the core asset of its strategic line. In the 2016-2018 three-year period, around 133,5 million euros were invested in product development and industrial capacity, which allowed a rapid pace in the renewal of the range. From 2015 to 2018, 30 new models were produced, including the magnificent Cannes world premières, ready to sail the waters of the world during the next 2018/19 nautical season: Riva 110' Dolcevita, Riva 66' Ribelle, Ferretti Yachts 670, Custom Line Navetta 42 and Custom Line120'.
“Cannes is like a grand gala, one comes to shine and leave a mark. This year we participate with the fleet of wonders: 25 magnificent yachts, with 5 world premières representing 3 of our brands" - said Alberto Galassi. “As always, the show is also an opportunity to make an initial assessment of the brilliant results achieved this year. The figures for the first eight months of 2018, characterized in particular by a production value higher than last year of 22%, confirm that we are on the right course. No miracle, everyone has been working hard, and the awareness of our strength, keeping year after year the commitment to invest in product development, production capacity and technological innovation. As evidence of the effectiveness of a growth strategy based on the constant renewal of our product range, almost 70% of revenues is the result of the success of the serial models presented in the last four years. We continue to believe in beauty, improvement of performance and attention to detail, because this is what our customers appreciate: an inimitable mix of Made in Italy quality and elegance that places us at the top of the nautical scene”.
The Ferretti Group stand is set up in the Espace Riviera, #PALAIS102 JETEE 012 exhibition area, while Custom Line yachts are moored at the Super Yacht Extension, in front of the SYE193 lounge. At JETEE 008 pier visitors can admire Pershing, Itama, Ferretti Yachts and Riva fleets, moored in front of their respective lounges.
Moreover, an iconic Rivamare will be displayed at the entrance of the exhibition for the whole duration of the show.
During the Festival, Ferretti Group will always be flanked by prestigious luxury partners, protagonists of various entertainment initiatives during the days of the fair. 7 Pines, the luxury resort in Ibiza hosting the first Pershing Terrace, is the Group's main sponsor for Soirée Nautique - the late opening night of the show scheduled for Friday, September 14th, during which Red Oyster will offer a tasting of its precious oysters - together to Seabob, which exhibits its magnificent limited edition products with custom livery, created ad hoc for the Group's brands.
The partnership with Dolce & Gabbana, which signs the Ferretti Group uniforms, and with Samsonite, which provides business luggage, has been renewed. La Scolca delights visitors with an exclusive tasting of its fine wines. Culti Milano proposes the olfactory essences that will make visitors dream on board of the yachts and in the lounges, while the suggestive Arquati pergolas will protect guests from the sun, refreshing them pleasantly, while visiting the stand. The partnership with Sabrina Montecarlo continues, which has embellished the Group's yachts with its luxurious furnishing accessories.
Taurus exhibits the models 'Taurus for Ferretti Yachts 50th anniversary', the bicycles made in limited edition (in the three versions man, woman and pedal assisted) on the occasion of the celebrations of the fiftieth anniversary of the brand. Finally, Emirates Airlines, which has reserved special treatments on flights to Ferretti Group guests.
Northrop & Johnson has been named the exclusive sales broker by Ares Yachts for the globally anticipated sale of the shipyard’s flagship, Simena. Currently in the outfitting stage in Antalya, the 62-meter superyacht is slated for delivery in March 2025.“We are pleased to collaborate with such a reputable company,” states Kerim Kalafatoğlu, Chairman of Ares Yachts. “We trust Northrop & Johnson to introduce our remarkable flagship to the market and promote her effectively.”“Northrop & Johnson is honored to represent Ares for the sale of the magnificent 62m Simena, set for delivery in March 2025. Ares has established itself as a leading shipyard in Turkey with an exceptional track record of over 230 vessels. Simena presents a rare opportunity to acquire a yacht of exceptional quality at a competitive price,” says Patrick Coote, Europe Managing Director of Northrop & Johnson.Simena, Ares Yachts' 62-meter flagship, entered the outfitting stage in November. The completion of outfitting, including joinery work, will precede the installation of the rigging system.Kerim Kalafatoğlu and Patrick Coote“Exterior paintwork is in progress, and the superstructure and hull connection have been completed,” shares Piraye Sahinkaya Orhun, Managing Director of Ares Yachts. “Construction of the mahogany planking for the superstructure and doghouse is underway, along with the insulation, wiring, and piping from the aft crew accommodation.”Designed by Taka Yacht Design and Design Unlimited, Simena epitomizes classical and modern design elements. The vessel, designed to RINA Class C standards, boasts traditional teak decks and varnished Sipo Mahogany exterior joinery.Accommodating up to 12 guests and nine crew members, Simena offers luxurious onboard living. Its owner’s suite is strategically located forward on the main deck. Equipped with a sophisticated hybrid drive system, the yacht can operate silently under electric power at speeds up to 6 knots. Additionally, a 882 kW diesel engine complements her 220kW electric motors, allowing for a top speed of 14.5 knots and a cruising range of 4,000 nautical miles at 11 knots.To maintain the yacht’s clean interior aesthetics, modern design elements have been discreetly integrated, including hidden TV lifts in the saloon and master suite. Walnut forms the basis of the interior, complemented by textured leathers, fabrics, and antiqued brass accents. Showers feature a blend of patterned tiles alongside Calacatta Oro and Patagonia White marbles, offering a blend of contemporary comfort and classic elegance.Ares Yachts, situated in Antalya Free Zone on Turkey’s south coast, spans 40,000 square meters of build space across four large sheds. Besides Simena, the shipyard is concurrently working on other projects, including the 50m motor yacht Spitfire and a 54m explorer yacht known as Project Atlas. Additionally, Ares Yachts is developing a 65-85m yacht range in collaboration with Lateral Naval Architects.Credits: Northrop & Johnson
April 25, 2024
As the Palma International Boat Show commemorates its 40th anniversary, it sets its gaze firmly on the future with two groundbreaking initiatives: an economic impact study and certification as a sustainable event. Organized by the Regional Ministry of Enterprise, Employment, and Energy, in collaboration with the Balearic Islands Institute for Business Innovation (IDI) and the Balearic Yacht Brokers Association (BYBA), the fair opens today at Palma’s Moll Vell.The economic impact study, conducted in partnership with the Directorate General of Economics and Statistics of the Ministry of Economy, Finance, and Innovation, aims to assess the fair's contribution as an economic driver for the city and the region. Simultaneously, the fair is pursuing certification as a sustainable event, committing to minimizing its carbon footprint and promoting responsible practices.With a record 295 exhibitors, including international companies, the event promises to showcase an array of quality nautical products across its 86,000-square-meter venue. Notably, the Palma Superyacht Village will feature a dedicated area for boats over 24 meters, complemented by the introduction of the Superyacht Square, emphasizing innovation and sustainability.As part of the anniversary celebrations, the Balearic Superyacht Forum, the first international superyacht forum in the Balearic Islands, will convene around 300 industry professionals, enthusiasts, and experts to discuss the sector's future. Additionally, the fair will pay tribute to the companies that have contributed to its success over the years, recognizing their pivotal role in shaping the event's legacy.The 40th-anniversary festivities will culminate in a series of activities on April 26th, featuring music, entertainment, and a captivating drone show. Credits: The Palma International Boat Show
April 25, 2024
ISA Yachts reveals the initial glimpses of the ISA Custom 80 meters as it embarks on its interior outfitting phase. Designed by Espen Øino International for the exterior and Peter Marino Architect for the interior, this flagship project marks a new milestone for the shipyard. With a gross tonnage of 2150 GT and a length of 80 meters, the vessel is scheduled for delivery in 2026. In addition to this custom 80-meter, currently at the Ancona Shipyard there are other three ISA Yachts-brand constructions under way: an 80-meter of the Gran Turismo line (with exterior and interior by Enrico Gobbi Team for Design) due to be delivered in 2027, and two 66 meters. One of these has both exterior and interior designed by the Nuvolari-Lenard Studio, while the other has exterior design by Vallicelli and interior design by Enrico Gobbi – Team for Design, and they are set to be presented in 2026.Dedicated to producing forward-thinking superyachts made only with superior quality materials, ISA Yachts is a leading global superyacht and megayacht builder. Every ISA superyacht is uniquely designed to her owner’s briefs, and is built using the highest technology, the best quality materials and the finest furnishings and finishes. Currently in build are two 80-meter projects due to become the new ISA Yachts flagships. ISA Yachts is part of Palumbo Superyachts, which also includes: Columbus Yachts, Mondomarine and Extra Yachts.Credits: ISA Yachts
April 25, 2024
Denison Yachting celebrates the successful delivery of superyacht Extra Time, the second hull in Conrad Shipyard's esteemed C144S series. Yacht broker Alex G. Clarke lauds Conrad Shipyard's exceptional craftsmanship, highlighting the collaboration with Reymond Langton Design and Diana Yacht Design as a testament to the vessel's quality.Extra Time boasts luxurious amenities, including a spacious tender garage, beach club, hot tub, and accommodations for up to 12 guests. Built to Lloyds MCA LY3 standards, the yacht features a steel hull, aluminum superstructure, and impressive technical specifications. Clarke, who attended the christening ceremony in Gdańsk, praises the dedication of the Conrad Shipyard team and expresses confidence in the yacht's performance.With Hull #2 and #3 sold, Denison Yachting now offers Hull #4 exclusively for sale, asking €27.7 million, available with a late 2026 delivery.Conrad Shipyard is located in Gdansk, Poland and specializes in building steel, and aluminum luxury yachts ranging from 24 to 100 meters in length.Denison has long been a leader in the yachting industry with a rich family history dating back to 1948, and the start of Broward Marine in Fort Lauderdale. Today, the company provides complete yachting services worldwide, including superyacht sales, yacht charter, crew placement, and new construction. Denison operates out of 21 waterfront offices in the United States, and one location in Monaco with a team of 100+ licensed and bonded yacht brokers. Credits: Denison Yachting
April 25, 2024
Royal Huisman makes waves once again with Noir, an 81-meter sailing yacht, setting a new standard in superyacht excellence. Designed by Malcolm McKeon, Noir boasts the world’s tallest sloop rig at 93 meters, embodying the epitome of luxury and performance.McKeon, the mastermind behind this groundbreaking design, envisions Noir as the ultimate vessel for the owner's pleasure and adventure with loved ones. With a contemporary profile featuring a reverse bow and a flying bridge, Noir offers ample outdoor living space and unparalleled connectivity to the sea.An experienced sailor himself, Noir's owner prioritizes speed, power, and responsive handling, ensuring an exhilarating sailing experience. The yacht is tailored for world cruising and exploration, equipped with a 14-meter tender for coastal excursions without the need for yacht repositioning.Crafted from aluminum and powered by electric drives, Noir combines cutting-edge technology with sleek design. Rondal supplies the mast, boom, and integrated sailing system, contributing to Noir's status as the world's tallest sloop.Noir's interior, designed by GCA Architects, promises to harmonize with the contemporary exterior, blending natural materials and textures for a luxurious yet relaxed atmosphere. With details kept under wraps, anticipation for the unveiling of Noir's interior design continues to grow.Royal Huisman CEO Jan Timmerman expresses pride and gratitude for being selected to bring Noir to life, marking a significant milestone in the shipyard's 140-year history. As the fourth yacht to join the ranks of the world's Top 10 largest sailing yachts, Noir solidifies Royal Huisman's reputation as a leader in bespoke yacht craftsmanship and innovation.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
April 24, 2024